We have 2 vehicles, a 2004 toyota matrix with 90,000 (paid off) and a 2008 kia sedona with about 40,000 and 36 months of payments left. DH works from home and we never drive the matrix. We have 2 children now, but are looking to have another one in about a year or so. I think we can get 3 seats in the matrix.
Our van payment and insurance are about $500 per month and then there is the fuel efficiency. I think we can get just about enough to pay off the van if we sell it for bluebook value.
We don't need to sell it financially,but I am really trying to move toward a simpler life.
Anyways, does it make sense to sell it? What about if we needed to buy a bigger car in a year or two?