It'd be better than nothing. Really depends on condition etc. If it's in decent condition with regular maintenance so it won't cost you much to run then they are generally decent tow vehicles. It is 14+ years old though so sometimes maintenance for a vehicle that old can cost as much over a year as payments on a newer vehicle. If the costs are the same or less and you own it, then you're not really losing out. That's why I never buy new but once the maintenance costs approach the cost of new payments then it's time to trade up. Judging from your sig I'm guessing that newer isn't in the near future so do what you can afford. Hence, it's better than nothing.