Do I Really Need Two Vehicles?

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WVa East Panhandle
Just lookin' to see what you guys think.
My wife and I, now just I, have two vehicles.
My wife's little 2009 Toyota Yaris and the 2023 Tacoma truck.
The Yaris runs great, get's around 40mpg, has no rust or body damage but the paint is kinda rough. It's a lot of fun to drive and has nearly 200,000 miles.
The truck has less than 3,000 miles, is 4wd, I've gotten a maximum of 26mpg but it's more comfortable for longer road trips, has 4wd, can be use for hauling stuff and getting me up into the West Virginia mountain trails.
I've been kinda sorta thinking of selling the Yaris but there's the sentimental value.
Even though I did almost all the driving, my wife really liked that little car and when she did drive always preferred driving the little Yaris over the bigger truck.
I do still drive both.
Today, I used the truck to get to a hiking trail and tomorrow, I plan to take the Yaris to the gym.
 
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It's kind of a shame you even have to wonder whether to keep both or not. You would think if it's paid for then, yeah, keep it. But then you have to consider other costs like licensing, insurance, and other taxes if you live in a personal property tax state.
 
I have 2 Batmobiles, a 2008 Mercury Grand Marquis with 157,000 miles on it and a 2019 Ford Taurus with 47,000 miles. The Merc is barely broken in and they don't make those big V-8 Ford products anymore. The Mercury line is out of production. Where would I find another one of these? I'm keeping them both as long as I can. I say keep both of your vehicles too, particularly if they are both paid for.
 
Keep them both. Drop to 1 when the Yaris gives up the ghost, although Toyotas have a way of running till 300K

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Wayne - I wholeheartedly agree with Pete. While I do know that you pay personal property tax on your cars in WV and you have to have an annual inspection, I can’t believe that the cost to keep the Yaris would be terribly burdensome. And, it’s possible that your car insurance would actually increase if you drop down to one vehicle.
Certainly, the tie to Lisa and sentimental value of the Yaris should be enough to sway your decision to keep it close.
 
Convenience is better served by two vehicles, but that convenience comes with two insurance premiums, two license plate renewals, two maintenance schedules to pay for.

Most of my life has included decisions dictated by budgetary necessity. Very difficult to break such a habit. The best course of action might be taking a year to make the decision.

Best regards.
 
Snubby, what follows is what I would do. I assume the truck still has a loan but the Yaris is paid for. I would keep both. I would drop the insurance coverage on the Yaris to state minimums and drive the snot out of it. If you need the truck drive that. If the Yaris lasts for 2-3 more years and you do most of your driving in it, the truck will have less miles on it and be in better shape. I doubt you're going to get a large amount of money selling the Yaris. Of course if you need the money, that's a different story.

JMHO and YMMV.
 
If the Tacoma doesn't float your boat, trade it for something that does, and keep the Yaris as your every day driver. That way you can keep the new vehicle low mileage and in excellent shape.
 
I have 3, but then 2 of them are over 25 years old, and are relatively free of electronic nannies compared to new cars.

I almost said both of the classic vehicles still work, but then I remembered my Tahoe won't start. I suspect the fuel pump. But since I got collector plates for it, I have to keep it :)

I still need to get collector plates for the Vette.

If it isn't a financial burden and has sentimental value, no harm in keeping both.
 
When my wife passed I gave her youngest son her car. I kept my truck. Step son sold Joan's Olds the next day.

Don’t know your family situation, but few people under 40 have any sentimental attachment to anything left to them by ancestors.
Great Grandma’s foot-powered sewing machine with nice cabinetry her new husband bought her for their first anniversary-out in the front yard in a yard sale within 2 weeks. Great-Grandpa’s WW II medals and piece of German mortar round surgically removed from his back during the Battle of the Bulge, in framed glass case for hanging on the wall-sold for a song to a trader to raise money for motorcycle parts.
Sad.
 
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