Archive for October, 2009

2nd biggest purchase of our lives…

October 25, 2009

Well, last post I mentioned that I thought we would be making a very large purchase. And we did.

We bought a new (used) car. That whole “one-car family” thing lasted a mere six weeks. In theory, it was good, in practice, it had some flaws. A couple days we realized we both needed to have a car and had to rely on family or friends to help us out.

We (really Mr D2S) researched what would be a good purchase for us. In the end, we were both very happy with what we decided to get. I think we negotiated a great price too!

While we could’ve waited a few more weeks and paid cash for the car, we decided to take out a loan to help build our credit. I am normally very anti-car loans, and it took a lot of convincing on the husband’s part to get me to go along with it. We put 1/3 down on the car and will pay off 80% of the loan before the end of the year. Basically, in the end, we’ll pay about $2000 over 12-24 months.