At least that's what it felt like this Saturday. About a week ago Chris' car stalled while driving. We knew this was probably the beginning of the end. His car was 8 yrs old with 130,000+ miles on it. We had paid it off a few years ago (which was nice), but as time passed the unpredictability of not knowing when we would need to buy a new car caused increasing anxiety.
We got great quotes on a new car, so it would all come down to his car's trade in amount. Kelly Blue Book estimated $2,000-$2,500 for his car. We went to Honda (about 30 mins away) and test drove a beautiful car, talked about financing, got our hopes up and then they said his car was worth only $1,500. We left.
Next up Ford (about 20 mins away). Same process of getting our hopes up, great car at a great price and they say his car is only worth $1,000! We pass again.
We call a local auto lending place and they say his car is worth $1,000 at most. At this point it was looking like a new car was out. His car was in really good condition, but was in a small accident a few years before which really hurt it's resale value.
Then we figured we try one more place. If they offered below $2,000 a new car was out for us. Chris drives 40 minutes away to a place called "We Buy Any Car" :0 This time I stay home with the kids. No sense following Chris for another pointless trip. He calls me hopeful saying they will take his car for $2,350, but we need to make a decision in 5 minutes because they are closing up shop for the weekend. I say okay and load all three kids into the car.
Halfway into the trip to pick up Chris, he tells me to turn around. They started the paperwork and didn't realize his car was in an accident that deployed the air bags, and that would deduct $1,000 from the price they quoted. I turn around and then Chris calls back and says they misunderstood. They thought the air bags weren't repaired, but since they were the original offer was still good.
At this point I drive to pick him up, not breathing and praying there are no other changes of mind before I get there!! The deal goes through, but they close. Chris packs up his stuff from his car, puts it in a box and walks to wait a Dunkin Donuts till I get there. SO crazy! Hoping to get a new car tomorrow so stay tuned....