Wednesday, June 13, 2012

Out with the Old...In with the "New"



Craig and I recently began considering trading the 2006 Acura for something a little newer with less miles.

While the Acura was still a good car, it had 115,000 miles and wouldn't be paid off until September 2013.  The A/C was also going on the fritz so we were going to have to spend some $$$ to get it fixed.

Anyone who knows us will realize this was not an easy decision because we literally drive a car until the wheels fall off because we don't like car payments and only had 1 year until the Acura would be paid off. 

Last week we discovered we could join Johnson Space Center Credit Union and they were offering used car loans with interest as low as 1.74%.   Yes...that's right 1.74%.

Ok, so we decided it was the right time and shouldn't pass up on cheap interest if we could find a vehicle we both liked.  Off to CarMax we go.  

Craig had his sights on a couple of luxury type cars but I wasn't too keen on some of them.  I was looking for a small SUV which Craig wasn't keen on so I suggested we look at crossovers.  I thought a crossover might be comfortable for both of us; something not too small and claustrophobic for Craig and something in which my feet would touch the floorboard.

After talking to my sister who has a GMC Acadia and loves it, we found the Chevrolet version.  So we decided on a 2012 Chevy Traverse with 9100 miles on it.  So far we are both really loving the car.  And the best things are it still has all the new car warranties, an interest rate of 1.74%  and our car payments didn't go up.