Need a car for 6-18 months; buy?

Starting a new traveling job. Company doesn't offer car, but in six months will offer car and in 18 months it will be mandatory. We (4+dog) are currently a one family vehicle 2008 Scion xB. Just had me pistons installed from Toyota. Clutch and water pump too. 150k miles.

The company gives 450/mo plus $.25/mile for travel.

Drive roughly 20k miles a year

I'm considering buying a used Prius v 2013 80000 miles $12000 and keeping for 18 months(the$450 stops at 18 months) and then selling the xB and keeping the Prius.

I'm considering renting a car from Hertz for $550 a month for 6 months and then taking the company car.

In Philly. Can fix mostly and problem with the Prius minus major work like trans and engine rebuild. (Brakes water pump all no prob. )

Happy keeping the xB but would take the Prius as an upgrade.

Posted Apr 12, 2018, 1:49 PM UTC

43
spoonie1972•

Maybe Leasebusters would be a good option (for the rental time) since you only need it for the short term? Unsure if they exist in Philly.

7
09Customx•

Definitely check out leasebusters, lease trader or swapalease or a similar site to take over someone’s lease with a year or so left and plenty of miles.

5
Dim-witty•

I think you have a solid plan. At 20k mileage a year I would avoid leases.

2