Car insurance quotes and much much more
Or should you forgo the car for a few more years until your kids are out of college? Most people do not set aside "car money" in a jar on top of the fridge for years to save up. They will likely take money out of an investment fund, which may incur some fees. Another consideration is simply that car dealerships are giving out some amazingly low rates on auto loans right now, which might mean your cash would pay better dividends invested elsewhere. The bottom line, though, is that cash is cash. You will not take on debt to pay for that car and it will be yours the moment you drive it off the lot.