Help! I'm being tempted!

I currently have two car payments. A used 05' Lexus ES 330 fully loaded and a used 07' Acura MDX fully loaded. I am a car addict and realize after selling my 05' Tundra double cab 2 years ago how badly I need a truck. I went to the local Toyota dealership today and of course they are trying hard for me to buy. My Lexus has a 9,700 debt and my Acura has a 12,000 debt. I want to at least pay off the Lexus with my tax return in March. They have a MGM sb 4x4 sport and a Barcelona red lb 4x4 sport in stock. The 2 colors I'm looking at. What to do? They act desperate to sell but I need to wait til march. I can work overtime to make payments but it will be tight! I'm having a hard time here. Some one be the voice of reason! Also, am I missing anything with the off road package? I really kinda like the sport accents but I may want to four wheel a little (never tried it). This will be my first 4x4!

 

don't line yourself up to be in debt forever....

 

DCLB 4x4 FTW

 

^^^This

 

Something doesn't make sense.

 

Sure it does. He's a car addict.

 

These guys with the long bed! I realize the long bed is more efficient but living in L.A. County with tight parking. I'm thinking the short bed. I may have regrets at times but, hello bed extender! I don't haul toys. Only camping gear. And my tent trailer hauls most of that. I just need a bed for home improvement stuff and camping.

 

I hear you brother. This is my one weakness! I have zero credit card debt, but I'm a car addict! It sucks!

 

Its hard to say if you need talking out of it or not. If you're planning on a $9K tax return you must be making a ton of money, buy what you like.

 

trade in whichever one they will pay off for you! Get a truck! You will never regret it!!!

 

dont put yourself in a spot where you will be stressed. If I've learned anything these past couple days its that you only live once, so dont ruin it with stressful a$$ car payments. Save and pay later. I dont see Toyota running out of tacomas anytime soon.

 

No...it makes sense...He's clearly living beyond his means.

One car is 6 years old and the other is 8...he is over $21,000 combined debt on his vehicles and looking to upgrade?

OP, at this point, I hope you have a house, and other things that require good credit in order, cause you're gonna be fucked soon.

 

Yeah I should definitely be able to pay off the the Lexus in march. I haven't had a tax return under 8,000. With my monthlys it should get paid off by march. I could swing it. It comes down to the deal for me. I guess I have to see where they come in on price. I won't do it now unless I'm getting a killer deal! What about off road vs. sport. If I just do a little recreation off roading is sport o.k.?

 

That's what I was wondering...

 

Itemizing. Keep a receipt for everything you can write off. Easier for some with work expenses to do than others. Medical bills, daycare, etc. It can add up.

 

51-50 somebody call the po-po.

 

Ha. No. 3 kids. I live in L.A. county. I make lots of money, but pay a lot for a house and have lots of right offs for my job. The overtime is plentiful and I only claim 2. So my tax return is is good every year. It would be tight til March, but I could def swing it if I want to work the OT.

 

If you are getting more than 8k back a year you need to change your withholding. Giving Uncle Sam an 8k interest free loan isn't fiscally responsible. Make that money work for you and not for Uncle Sam.

 

Which one is your wife's car? The MDX? unload the lexy and get a truck if the commute doesn't suck too bad