Would like to sell/trade down my vehicle, but am also paying down other debt. Need some help figuring out the best course of action.

I vote to keep the van. I know it is more car than you need, but you mentioned daycare so I have to assume you have small kids, right? Well, small kids become big kids and big kids have friends. It might be too much car now, but down the road you might find that your sedan is not enough car. You have a vehicle that runs really well. This particular car is known for having basically no maintenance issues and because it is a Honda, it is incredibly cheap to fix. Since I don't see the value in selling the car, I'd keep it. You have a reliable daily driver. You buy that 2k junker and you're going to be throwing money at mechanical problems left and right that could be going into savings instead.

You buy a new car? You have NO IDEA what you're getting into. Right now you have a car that's going to run for another 100k miles without giving you a lot of hassle, and your family might grow into needing that much car as your kid/s get older and start soccer and school.

I know putting 20k in miles on it isn't attractive, but I'd still keep the van.

/r/personalfinance Thread