Wasn't sure which thread to post this in, but hopefully y'all will find it okay here. We have two vehicles, both fairly new. One is a truck, one is a car. Both are financed. Hubby and I rideshare to work several days a week in the car, leaving the truck parked most of the time, though we do use it for hauling the horses and picking up feed. We have a good deal of equity in the truck, only owing about 1/2 of what it's worth. So, here's my question, would you all agree that selling the truck to pay off one auto loan and net enough in proceeds to buy outright an older, perhaps less shiny and spiffy, farm truck is a good financial decision? We're trying to eliminate some of our recurring monthly expenses and have decided we really don't need a $20,000 truck for feed runs and the occassional vet trip for the horses.