Well, I did not plan on buying a new car until after our other one was paid off, but the transmission in my Mazda Tribute died a few weeks ago. I had the transmission fixed, but I think I should get rid of the car now while I can still get some money out of it. The car is a 2003 and has 89K miles on it. Unfortunately, we did not take as good care of it as we should have. Also since I know zip about cars, I feel like the mechanics are taking me for a ride every time I bring the car in. Anyway, I'm looking at getting a $17,000 KIA. I went to CarMax and they offered me about $7,000 for my old car, I'm trying to see if I can get a little more through private sale. So, the car will run me about $10,000 (well actually $14,000 when I subtract the transmission, but that's $ already spent). Also, KIA is offering 0% for three years, so we are planning on financing the whole amount and then using the $ from resale to pay off some other debt that has a high interest rate (DVC). That will save us another $1,000. I know this makes financial sense, it's just hard to swallow the extra $500 per month for the next 3 years, even though we'll wind up with a car with a 5 year bumper-to-bumper and a 10 year powertrain warranty. I'm not too worried about paying though because we've been paying out that on our higher interest debt for about a year now, and we will still be bringing in more than we pay out, but just barely. I know it's only 3 years and we'll have two reliable cars, but the extra $500 a month that we "have to" pay is just a bit unsettling.