It is tough to answer questions at the intersection of investing and lifestyle. You need to enjoy your life, and to make the spending decisions that are consistent with that, while still honoring your financial goals.
If driving a new car is important to your happiness and well-being, then so be it. I agree with the others that you should accomplish it without touching your portfolio. You said it is kicking a$$, so why mess with it. A good DG portfolio needs years and years to do its thing; best not to establish a precedent of raiding it when a purchase comes up. That portfolio is the goose that will lay golden eggs for the rest of your life -- don't sell the goose for a new car that will only depreciate in value the moment you drive it off the lot. Buying more car than you need or can afford is voluntary handcuffs; buying more income-producing assets is freedom.
If it were me, I'd stick with the "trusty" jeep until it dies of natural causes. Then buy something reasonable. Maybe keep the Jeep and start a new car fund that you put a few hundred dollars into every month?
Edited to add: And if the decision is truly binary: sell stocks to buy the car or finance, then I vote finance. Even if the spreadsheet dictates otherwise. The portfolio, and the discipline of keeping it growing, is sacred.
If driving a new car is important to your happiness and well-being, then so be it. I agree with the others that you should accomplish it without touching your portfolio. You said it is kicking a$$, so why mess with it. A good DG portfolio needs years and years to do its thing; best not to establish a precedent of raiding it when a purchase comes up. That portfolio is the goose that will lay golden eggs for the rest of your life -- don't sell the goose for a new car that will only depreciate in value the moment you drive it off the lot. Buying more car than you need or can afford is voluntary handcuffs; buying more income-producing assets is freedom.
If it were me, I'd stick with the "trusty" jeep until it dies of natural causes. Then buy something reasonable. Maybe keep the Jeep and start a new car fund that you put a few hundred dollars into every month?
Edited to add: And if the decision is truly binary: sell stocks to buy the car or finance, then I vote finance. Even if the spreadsheet dictates otherwise. The portfolio, and the discipline of keeping it growing, is sacred.