Saying Goodbye To The Jeep

March 2016: Jeep at the scene of the accident. 

Once I heard back from the repair shop following my first accident this past March stating that the Jeep was going to be repaired my wife and I had an important decision to make. With the frame having been bent in the accident (and now having to be bent back) were we comfortable driving and riding in the car? More importantly, did we trust the car enough to have our son in it? In the end, it wasn’t the same car and we no longer had the confidence in the vehicle to continue using it as my daily driver (especially on those days when I have my son in the back).

While we knew that it would be a costly decision, we decided to start looking for a replacement vehicle (a process that I have written about before). The Jeep was a great car so that is exactly where I started my search. I went online and priced out the 2016 version of the exact make and model of my car. Once I input that information I added the features that I wanted in the new car to see where the price would fall. Seeing a replacement price within inches of $40,000 I quickly questioned whether I would be buying another Jeep. So, given the new price point, I searched for a few other options.

June 2015: The day I bought the Jeep. 

With a full roster of cars on my list (a compilation I never thought I would pull together in my lifetime) we dedicated a weekend to hopping from dealer to dealer looking at all the options that I had uncovered and determining whether or not there was any wiggle room beyond the USAA price. A few cars were eliminated because of the lack of fit and finish while others were great cars but simply not the right one for me. In the end, I had to decide between the Jeep Cherokee Trailhawk and the car that I picked up today the Mercedes Benz GLC 300 4Matic.

May 2016: The Mercedes replaces the Jeep.

Once everything was factored in including price of the car, the options that I wanted, the interest rate on a loan, the cost of insurance, fuel economy, and other numerous factors the Mercedes just made much more sense. Believe me, I was shocked by this revelation too. While there are certain trade offs between the two (i.e. off road capabilities vs. highway comfort), I am completely happy with the decision that we made. On top of all this, in a bit of creative financing, we actually traded in my wife’s car and leased a GLA 250 4Matic with all the options that she wanted on the car. In the end, we both ended up in new cars and, considering all financial commitments before and after, pretty much broke even financially.

All that is left now, besides enjoying our new vehicles, is to complete the insurance claims which should, to put it nicely, be the most ‘interesting’ part of the whole process. We also still have to come to terms with the simple fact that we are both driving Mercedes which, at the very least, is one of the more surreal feelings that we have encountered in a long time. Just add one more thing to the list of changes over the past couple of years.

Behind Door Number Four...

A week ago I wrote about the decision my wife and I had to make regarding a new car to replace my 2012 Chevrolet Malibu. It had been a great car since I bought it new three years ago but it had become impractical as of late with the arrival of our son. So, once again, we began looking for a new car with the criteria being an all-wheel drive SUV priced under $25,000 with reasonable insurance rates, leg/head room (front and back), with a few other basics found in most cars these days. Additionally, we were hoping to find something with Bluetooth, remote start, cruise control, a full sized spare tire, roof rack, regular outlet, and side molding. This initial wish list led us to the Chevrolet Equinox, Jeep Compass, and Jeep Patriot.

I was able to drive all the cars a couple of times and spent some time at a couple of dealerships with my wife last weekend. Having driven them all I was leaning slightly more toward the Jeep models but didn’t have a really strong feeling either way. Thankfully, my wife was able to help me narrow down the options and almost immediately eliminated the Equinox upon inspection. She had her reasons and I wasn’t going to argue with them. So that left us with the two Jeep models.

The only real difference between the two is the body style. All the other features match up nearly identically with the only difference that I could see being that the Compass had a rear view camera. Being that this was not one of the features I was focusing on it didn’t really help with my decision. By the end of the long day we were able to sit down and make an initial decision on what was available (ordering was not possible as manufacturers have already switched over to 2016 production). We left the dealer on Saturday having put down a $500 deposit on a Jeep Patriot High Altitude Edition.

Throughout the week I spent some time going back and forth with the dealership, securing financing through USAA, and looking around to make sure I got the best price with the options that I wanted on the car. It never hurts to double check. As the end of the week neared I had finalized everything and was eager to pick up the car and dig through the mountain of paperwork. By Friday morning I was able to drive to work in my new 2015 Jeep Cherokee Trailhawk.

That’s right, over the course of the week I had looked around and compared the pricing of a few models. I also had the dealer check the stock on hand to see what was available. I had previously ruled out the Cherokee (especially the Trailhawk) because of the higher base price but looking at what needed and didn’t need to be added, the difference was much smaller than initially thought. It was actually a very similar situation to when I got the Malibu.

In the end, when we originally put the deposit down, I had to make a few compromises with the Patriot so when I came across the Trailhawk with nearly everything on it that we were looking for (everything else can be purchased/added later at a nominal cost) I had to talk to my wife about the slight increase in price (still staying close to our budget). Once she saw how much more we could get for our money we agreed to make the switch. Driving around today, I know that we made the right decision.

And The Search Begins…

2012 Chevrolet Malibu

As I mentioned in my post yesterday, I had to make a couple of stops on my way to lodge on Tuesday night. Thankfully I was able to get out of the office at the usual time which allowed me a few detours before I was supposed to be in Ardmore that evening. So where did I go? As is evident in the title, I stopped at a couple of car dealers

My wife and I decided last week that it might be time for me to get a new car. I have enjoyed my Chevrolet Malibu over the last three years and haven’t had a single issue with it (beyond potholes) but it just doesn’t work for us now that we are a family of three. While we aren’t really flushed with cash (to say the least) we need something that will serve us better than my current car. Plus it would keep us from putting so many miles on my wife’s Subaru Outback that we got earlier in the year. So, with that in mind, I put together a short list of things that I am looking for in a new vehicle. Here is the basic criteria:

Reasonably priced (preferably under $25,000) – easier than you might think using USAA pricing but still significantly limits the options given the criteria below.  

Reasonable Insurance Rates – I really would like to see my rates stay about the same (lower is obviously preferred).

All Wheel Drive - four wheel drive is also acceptable (my wife is at least laughing at that one).

Automatic – because manual is a ‘pain in the what’ and I haven’t had to drive a manual car in 15+ years.

SUV – Putting a stroller in a trunk is not fun. Add anything else in the trunk and it becomes exponentially more difficult.

Leg/Head Room – This is a basic comfort level. If I can’t fit in the front AND back seats I know it won’t work.

Other Basics – power driver’s seat, windows, doors, air conditioning (still not included in the base models of some cars), radio, etc.

Here are some things that I would like to have but can do without:

Remote Start – I don’t use it much but there are some hot/cold days when it is needed especially when we are taking our son.

Bluetooth – I am usually on the phone when I am in the car.

Cruise Control – most of my driving is on the highway.

Full Size Spare Tire – see posts about potholes.

Side Molding – I have seen the dings on doors in the parking lot on cars that don’t have this.

Regular Outlet – I have used a fair amount. You never know when you need to plug your computer or some other electronics in on the road.

Roof Rack – For the longer road trips that we hope to take our son on in the future.

As you can see, I have put some thought into the list of things I would like to have in a new car. With all of those things in mind I began searching using USAA’s car buying service. The three vehicles that cleared the board and met all of the aforementioned things on my list (including the optional ones) are the Jeep Patriot, Jeep Compass, and Chevrolet Equinox. With those three in mind I mapped my course on Tuesday night stopping at a Jeep dealer first because I had never driven any model Jeep before.

2015 Jeep Patriot

Contrary to some of the reviews I found in some of the industry publications, I really enjoyed the ride, feel, and finish of both models. They are on the smaller side of the SUV market but there is a lot there for the money (fully loaded (more options than I have specified above) limited models are near the top of the budget). They look to be solid options and I was pleasantly surprised at how much I liked them.  

2015 Jeep Compass

From there I drove to a Chevrolet dealer near the lodge. The same dealer from which we bought my wife’s previous car. There I was able to see the Equinox. In addition to being larger than both Jeep models the price tag is also higher (about $4,000 – 5,000 more than a comparably equipped Jeep). However, I have had a great experience with Chevrolet and am familiar with many of the options that are available. Also nice is the fact that GM now offers 2 years of free maintenance on new cars.

2015 Chevrolet Equinox

By the time I got to the lodge I was basically in the same place that I started. I liked all three options that met every single item on my rather extensive wish list. I would be happy with any of them and they would all work well for many years to come. I guess it is probably going to come down to price and how much they are willing to work with me on getting those payments as low as possible. Of course, I am going to have to test drive each of them some more as well. Stay tuned for an as of yet unscheduled update on the decision.

Every Penny Is Part Of A Dollar

Over the past couple of weeks I have been taking advantage of a couple of opportunities that were presented to me in order to save a few dollars. Sometimes the numbers added up pretty fast while other times it was only a little here and there. Either way, they are all providing a little bit of a return and putting a few extra dollars back into our account. Actually, by the end of the week, all those small sums added up and turned into a rather nice return.

There were really two parts to this whole operation this week… price matching and a credit card promotion. While it did take some time this week, in the end it is going to save us hundreds if not thousands of dollars over the next year. It just goes to show that if you take a few minutes and put in a little effort, you can make things a little easier.

It started a couple of weeks ago when there were a few items that I had to purchase for the house. Not the cheapest things but not really high priced either. When I had a couple of minutes free in the middle of the work day, I pulled up the Sportsman’s Guide website to see if they had what I was looking for. It turns out that they did so I put the items in my shopping cart, typed in my coupon, and selected the 4 pay plan to ease the payment pain.

Everything went smoothly but I was curious to see if there were any other websites that were offering a better deal. Sportsman’s Guide offers a price match guarantee for 30 days from the time the order is placed. There were a few sites that had the same price, a few that were selling it for more, and a couple that were a dollar or two cheaper. I wasn’t about to call over a couple dollars. And there is was… a $25 difference. With website and item number in hand I called customer service and had the price matched within minutes. However, this was a onetime opportunity to save some money. My other call this week was more fruitful.

At some point during the day on Tuesday I got an email from a company regarding my credit card. The offer was for free transfers of other accounts (normally 3%) with a 0% APR for 1 year on those balance transfers. This particular card has the lowest interest rate so has always carried the highest balance… hence no room for transfers. So I gave them a call on Wednesday to explain the situation and to see if there was some way that I could take advantage of this offer.

It never fails whenever I call them, they found a way to make it work. Now, instead of paying a nearly 20% APR on a couple other cards, we are now paying 0% for the next year and, if needed, carry a 12% APR afterward. The percentages may not mean much at first glance but, over the course of a 12 month period this could potentially save us hundreds upon hundreds of dollars (it will also lower our monthly payments pretty significantly). I am sure that many of you may think that this is boring but it saves me money so I am very interested.

The essential thing to take away from both of these is that there are opportunities to save money / keep money in your pocket if you just pay attention. I am sure there are a number of opportunities that I have missed in the past but, in this instance, I was fortunate enough to catch them. When all is said and done, all it takes is a few minutes from you day and a willingness to work with the people on the other end of the line. It was a great week for saving money.