After much discussion, we decided to NOT resurrect my car. We have the rental car until Saturday, with the hopes we will have this figured out. We can't indefinitely rent a car.
I found a car on-line at a local dealership that is a maybe. It is a 2006, has 61k miles (a little more than I wanted, but it still is an average of about 10k a year). G-man called about it and confirmed it was still there, and made an appt for us to look at it today.
Meanwhile, I applied for a car loan with my credit union. We used them for G-man's car, and it was terrific. I did the on-line application....with the tag line of "a decision in less than 60 seconds!".....and got a notice that it is being sent for review. Last time we did this (back in 2009 when the Financial Adviser talked us into trying to pay off the retirement loan with another loan so we could dip into our retirement again)....we were rejected. So now I am nervous.
I am the first to admit our debt to income ratio is high. I know that we have alot of consumer debt. But we pay our bills. We aren't late. My credit score is in the 750's and G-man's is in the 720's....so it isn't like we are down in the 400's....
The premier rate is 2.79% when you allow an autodebit from a checking account with them. Now, I HAD a checking account with them, but it was closed. So I will have to reactivate it, and we will do what we did with G-man's car.....direct deposit into that account so that the CU can just take it back out. Auto pilot!!!
This is all assuming we GET the loan. If we don't, we will have to figure out something else.
Meanwhile....wish us luck looking at cars!