Next Vehicle

We are still working on a replacement vehicle for the lease we got out of. We are sort of on hold as the lease company hasn't received the documents at the office and they won't release us until then. Eventhough everything is done- someone else is approved and driving the vehicle...

While we are waiting for the release we have been looking at some used vehicles and we have been really shocked at how used and abused these vehicles are and they are only 3 years old. Last year we had a vehicle that was 15 years old and it was in better shape as far as interior wear and tear. What do people do to their vehicles?

I went to the bank this morning to discuss options for terms, interest rates etc. With all the economic issues at present interest rates for loans have risen (awesome considering prime is seriously low!!) so my banker asked for a day to discuss with our mortgage specialist (we need to qualify within the next 10 months) We are exploring adding it to our credit line, this would actually allow us to drop the interest rate by a small amount. (isn't that hilarious)

The only reason he wants to discuss it is he doesn't want to ruin our plan and have us not qualify- the issue being that to qualify we need to turn our low interest low monthly payment into a high interest high payment loan. I know, I know it's a stupid system. So we'll go from a payment of $250 to over $600. How it works I'll never understand but I was already familiar with this from past years.

I imagine we will have an answer tomorrow.