My wife and I have just gotten pregnant and when the baby is due she will take time off.
In this time we will lose her company car and I'm wondering whether it's a better investment to get a brand new car on the lower scale ($10-15k+) for the 1 year she will take off work or buy a cheaper second hand car for sub $5k.
She is planning on going back to the same job in a year's time to which she will get the same car back.
Thanks in advance for any replies.
let's bring in the positive energy :)
The heading "My Wife Is Losing Her…" caught my attention! LOL
On the serious note: a Second-hand car is a way to go.
No such thing as investment when it comes to cars…
Get a decent second hand car that you caj afford. Use it well and when wife gets car back from work, sell yours.
Get a 2nd hand car. The depreciation on a new car if you're only wanting to keep it for a year will be terrible.
Do you really need to ask for advice for this simple issue?
I know a lot of people on here say go from private sales, but if you find good reliable dealers, they normally offer 12-month warranties on their 2nd hand cars.
is there a MS Paint of the situation so that we can understand and better advise?
Why can't bikies chauffeur them around? Do they make baby capsules for side cars?
does either company offer car lease? perhaps thats something you can look at
i would suggest the sub par cheaper option.
you might end up keeping the car and barely using it also.
Ask her employer if they will agree to rent her the car during the period of maternity & parental leave.
For a year, I'd be seriously considering if you make do without 2 cars. Families used to only have 1 car, and some still do. If you have family/ friends near by, good public transport etc, you may be able to manage with 1 car. Do you need a car to get to work? Can you use public transport? Does she need a car everyday? It may not work for your situation… but worth considering.
This is assuming OP has another car, and one that is suitable for family duties. Knowing what OP has as an alternative will make a diffee new to a lot of answers. Might already have a Camry, might be a company car or Ute that can’t be used for family duties, might not be anything.
Sudyer is not responding ╮(╯▽╰)╭
Not everyone checks ozbargain every 2 minutes like its facebook. Go for a walk, give OP time.
I feel embarrassed now - maybe I am the only person who checks OzB every 2 mins……..
No you’re not. But OP has been online at least 3 times since this thread started and not come back to update anything.
These car recommendation posts always go the same route,jokes about the high yield investment and Camry recommendations.
Get a cheap run-around car.
The killer cost on a new car is depreciation.
You will loose $3,000-$5,000.
Seeing the amount of people who actively recommend buying a Camry I'm seriously thinking of deleting my account knowing so many of you reside here! :p
Is it a pool car (pooled for all employees and will be given to someone else while she is away)or for her and was part of her package?
Where in the lease is the company car (early, mid or toward the end) and is there the option to pay it out and own it (depending on the value of the vehicle but may not apply if its a pool vehicle) so little changes, then when or if she returns to work you could sell it and then get another company lease vehicle if its on offer?
Has the company offered any options to keep the vehicle she is currently using?
I'm seriously thinking of deleting my account knowing so many of you reside here!
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You'll be sorely missed 😂😂
Stick it to all the high yield owners! Buy a low yield vehicle and give them the finger when u drive past!
get a new honda jazz for $15K with 7 yrs warranty and roadside. and sell it on when finished with it as warranty get carried over to new owner.
we have one with 1 baby and 1 dog, lots of space, it's perfect.
Just came here to say "congrats!"
Who is due first? You or your wife?
You need at least a medium car to fit a rearward facing carseat, pram and everything else in.
$15k is unrealistic target for a new car.
Get a 2-3 year old car, save 1/3 of the price, it still has warranty.
Get a second hand used Jazz for $6-7k, you can resell in 1yr with maybe $500-$1k depreciation and minimal chance of any mechanical issues. Safe reliable car with plenty of space
My down votes appear to be getting off set a bit now