Well I'm car dense too but I'd probably get the transmission or whatever rebuilt since you paid cash for it and have the rebate coming to cover the expense. And since you don't have enough saved up for a down payment on a new car. I'm just a little cautious about taking on debt with the economy the way it is right now. And especially if you're considering being a SAHM..I'd want to have as much paid off as possible. HTH, good luck!!
|