If you can get away with two cars, then why not just ditch one of the cars and then see how it goes? Then you’ll do more than “break even” you’d be ahead. But the money aside for a newer car later, or if you can’t cope with just two cars, put it aside for the third car.

Of course, I don’t follow all the different types of car/truck you have, so maybe I’m missing something about the usage you can put the 2/3 cars to.

But to the car debate, how many kids do you have and are planning on? Will you end up needing more space in the future?

What is the purpose of the truck now? What will be the usage of the truck with extended cab if you purchase it? What is the accord used for?

I might sell the accord and bank the money keeping the truck and upgrading the minivan to something in my mind more reliable. But as I stated I’m biased in my opening paragraph. I’m not buying anything not a Honda or Toyota.

Unless you have savings “named” for “car purchase” you will be diverting funds set to go towards your 60% savings goal. Cars are not worth de-railing your savings over (the whole middle class montra, Dave talks about).

I understand your desire to have a truck to seat your family. I was there about five years ago myself… only thing I could pay for was a 1992 F350 crew cab. I’ve had it for five years now and it is still going strong.

Jay

Something you might want to consider is the cost of gas. Are you planning on commuting in this van and 4 door truck? You may end up paying more each year, especially since you are driving an Accord now.

If you have need for a truck (ie you haul stuff) just throw a tow hitch on the van you have and get a small trailer (some more expensive models even fold up or easily disassemble for garage storage).