I have a dilemma...
I own a 2016 Silverado Crew Cab LT. I love the truck and it’s approaching 100k miles. I bought the extended warranty that covers everything thru 150k miles. It’s paid off, and I had to have the transmission rebuilt at 80k (thank god for the warranty!)
My wife leased a 2018 Traverse, and it’s been a great SUV for her. Her lease is up next month and she only put 24k miles on it over 39 months.. We have an option to buy it for $20k. She’s had zero problems with it.
We are downgrading to one vehicle for various reasons, and I’m trying to determine which is the better move:
A. Bring back her lease and keep my truck
B. Trade in my truck to purchase her SUV (we should be able to get enough to cover the SUV payoff)
I know what my heart says (keep the truck), but I’ve already had the transmission rebuilt and it’s at 98k miles. My fear is that it will go again, but hopefully before the warranty runs out. I know these trucks are supposed to go 200k+ miles. I’m leaning toward sticking with the truck, but don’t want to be kicking myself in two years if something else major goes and the warranty is up.
The practical person inside me says to keep the SUV that’s given us no problems especially since it only has 24k miles.
Any advice/thoughts on which is the better route?
FYI - my wife is good with either one, so that’s not a factor.