Another Jeep Liberty?

I've told myself ever since that New Year's Eve day in 2002 when I purchased an '03 Liberty brand new that I would run that puppy into the ground. The original terms of the SUV were 66 months at 5.9%. I got out of that pretty quick, switching it to a CC with 3.9% BT for life terms, then 0% for life, which is what it's been at for a few years now. Well, I continued making original payment amounts for a long time even though with the reduced rate, I didn't need to. Lo and behold, 66 months have just flown by and the Jeep is technically and financially all mine, even though the 0% card has other large purchases on it mixed in with the two car payments. One thing I regret doing about a year ago was losing the actual payoff figure on the two cars. I'm paying about $400 a month since that is the minimum payment, but the cards are 0% for Life and I'm not in any rush to lose that cushion by paying more than I have to. One day I am going to have to figure that out, but the cars are in good shape and not going anywhere.

Well, the other day I was talking to my father, another Liberty owner, who trades in his Jeeps every other year, pays it off completely, and then uses the barely two year old, great condition Liberty Limited to offset the new Jeep's price. I got to thinking that maybe this next time around, in February, I can get in on this somehow and come out with a two year old Limited with 30K miles. I know he takes care of his cars (oil change, washes, drives easy) too. Something to think about - he could take my car and trade it in, and whatever the difference between the two trade-in values I would owe him. I'm mulling it over.