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Buying a New Car (Almost)

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As if we haven’t had enough stuff going on, we are in the process of buying an almost new car. My mother bought a brand new Honda Accord last year because she wanted something more fuel-efficient (she previously had a Mercury Mountaineer), however after driving SUVs for several years she just couldn’t get used to a sedan and decided to go back to a Mountaineer. Since both my wife and I are big fans of Hondas, we have always told her we would be interested in buying her Accord if she decided to sell. So we are buying her Accord while she buys a new Mountaineer.

This is going to be one big family car swap, as we will take her Accord, a brother-in-law and his wife are taking our 2001 Honda Civic, and they are selling her 2004 Kia Rio (yeah, I know, which of these things doesn’t belong?).

This shows the blessing of having your financial house in order and having cash on hand. We don’t have to worry with applying for loans to do this deal. Our only delay is transferring funds in from our online account at FNBO and overnighting paperwork between Houston and Baton Rouge. You never know what opportunities you may miss out on my not having the flexibility of cash on hand.

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August 19, 2007 - Posted by | Automotive

2 Comments »

  1. […] I got sprung into action when I added our 2007 Honda Accord to our existing policy with Allstate. These greedy bastards wanted more for coverage on this […]

    Pingback by My car insurance rates are too high! Not anymore thanks to Geico! « Close Encounters of the Cheap Kind | September 24, 2007

  2. […] I got sprung into action when I added our 2007 Honda Accord to our existing policy with Allstate. These greedy bastards wanted more for coverage on this […]

    Pingback by Close Encounters of the Cheap Kind » Blog Archive » My car insurance rates are too high! Not anymore thanks to Geico! | December 6, 2007


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