I'd say keep the car until it dies totally dead, and hopefully by that time, used hybrids will be on the market in the price range you can afford to buy outright (plus, you'll have more money to buy something outright).
Though if you're planning on buying a house in the next couple of years, then that savings should go towards a down payment, rather than a new car. However, a car is essential to your livelihood, so I'd say keep what you have, and then you can get something you've wanted for a really long time, at a price that won't break you.
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timeasmymeasure
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Date: 2008-02-14 11:46 pm (UTC)Though if you're planning on buying a house in the next couple of years, then that savings should go towards a down payment, rather than a new car. However, a car is essential to your livelihood, so I'd say keep what you have, and then you can get something you've wanted for a really long time, at a price that won't break you.