<prompt> Human: My wife and I are expecting twins, brining our family to 5 total. We are in the market for a new car with more space. We both currently have no car payments, and no CC debt. Our biggest payment is our home mortgage. Together we have 150k liquid and thinking about putting 30k towards the new family car, which is around 70k Yukon Denali XL. We would like our monthly payments to be around 600. Im here because I have no experience purchasing expensive items, and interested in hearing what others think about this move... I know a lot of factors are missing here, but in general, is this a good idea? We have proven to ourselves we can keep a car until the wheels fall off, and plan to do the same with this one. Assistant: 70k is a crapton of money, and since it would represent half of your liquid savings its a very poor purchase, regardless of how long you hope to drive it for.Dont saddle Future You with that. Look for a used car that you can pay cash for. Or, if you insist on buying new, there are plenty of larger cars or vans that will suit you and cost closer to 30k.Your family may thank you some day.Human: Theres actually not a lot of options when you have 3 baby seats and a need for storage space in the back. Suburban and Denali XL is about it. Buying 1 or 2 years out is an option tho.  <response>: I would think _really_, _really_ hard about whether the extra space relative to, say, a Honda Odyssey is worth it. You can get a good van for less than half the price, with plenty of storage, a better reliability record. I know a big shiny new car sounds good, now, but when you realize how expensive those extra kids are and how much money is going to your car payments, you and your family could regret it. 