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Message
Bought a car that I no longer need
Posted on 3/17/17 at 5:16 pm
Posted on 3/17/17 at 5:16 pm
I bought a car for my 16 yo daughter but because she is not mature yet for it, dont have a need for it. My balance is 15k, what can i do with it?
Posted on 3/17/17 at 5:21 pm to Tigeralltheway
what'd she frick up?
You don't have many options other than just keeping the note or eating the loss.
You don't have many options other than just keeping the note or eating the loss.
Posted on 3/17/17 at 5:29 pm to Tigeralltheway
We want to hear the WHOLE STORY
Posted on 3/17/17 at 5:31 pm to Tigeralltheway
Oh boy, what boy did she go see late at night?
Posted on 3/17/17 at 5:32 pm to southernelite
quote:
You don't have many options other than just keeping the note or eating the loss.
Which the loss will be YUGE.
Only way you'll come out even (maybe) is by selling it yourself.
Posted on 3/17/17 at 5:35 pm to Tigeralltheway
Why would anyone buy a 16-year-old a car worth that much?
Posted on 3/17/17 at 5:50 pm to Tigeralltheway
quote:
I bought a car for my 16 yo daughter
Me too, last month. It cost me $2500.
Posted on 3/17/17 at 6:06 pm to TheWalrus
Yup my mistake, it is a boy for sure. I tried to bit her something to get her through College.
Posted on 3/17/17 at 6:22 pm to Tigeralltheway
quote:
Yup my mistake, it is a boy for sure. I tried to bit her something to get her through College.
As someone who is not a parent yet. I do not look forward to this
Posted on 3/17/17 at 6:32 pm to 50_Tiger
Having kids is overrated sorry to say.
Posted on 3/17/17 at 6:44 pm to Tigeralltheway
quote:
it is a boy for sure
I'm sorry, but it's too late. Your daughter is already on the path of whoredom. Prayers sent.
Posted on 3/17/17 at 6:48 pm to Tigeralltheway
quote:
, it is a boy for sure.
But do you know who the father is? Anyways, congrats!
Posted on 3/17/17 at 6:57 pm to Tshiz
I always found it amusing we let children drive 3500lb death machines. I'm lucky I didn't kill myself on dozens of occasions
Posted on 3/17/17 at 7:19 pm to Tigeralltheway
Did you find a used condom in it?
It's probably worse if you didn't.
It's probably worse if you didn't.
Posted on 3/17/17 at 9:39 pm to Tigeralltheway
quote:
I tried to bit her something to get her through College.
In that case, might as well hang on to it for college.
Posted on 3/17/17 at 10:12 pm to Bestbank Tiger
(no message)
This post was edited on 4/20/17 at 2:38 am
Posted on 3/17/17 at 10:20 pm to Tigeralltheway
quote:
I bought a car for my 16 yo daughter but because she is not mature yet for it, dont have a need for it. My balance is 15k, what can i do with it?
What kind of vehicle is it
Posted on 3/17/17 at 11:02 pm to Tigeralltheway
you may want to call around to some large dealerships and see if someone can sell it out on consignment for you. Possibly the place you bought it, you just continue the payments until it's sold. Something like that needs to be financed by a large store. It's unlikely anyone is bringing their own cash or financing to your door step unless it's about 60% of the finance value.
15k is a bad price range for a 16 y/o. For one reason she may not even go to college. For another, by the time she's out of high school she'll probably want something else. Generally younger people want to change vehicles often if possible. If she's spoiled enough to receive a 15k vehicle for her first car, she's spoiled enough to complain about it when Jonnies $500 car's door dents hers. I would exercise extreme caution b/c I deal with people every week who's 16 year old just totaled out a vehicle. If she's that irresponsible with a $15k machine, or did something irresponsible, expect something bad to happen when she does start driving again.
Generally what I see and what I'm most familiar with is mom or dad has saved the money or taken it out of retirement to purchase a cash vehicle which is around 3 to 10% of their annual income (I would just guess by talking to them). The way my sister and I and most my friends came up was hand me down vehicles from the parents, that the parents had financed themselves when we were little. They kept them around for that purpose. At 16 I had moms 15 year old corolla. I did good with it , so at 17 I got dads 12 year old silverado. I did good with that so at 18 I got dad's vintage jeep that was older but bad assyer. I burn the clutch out mudding so he took it away and put me back in the silverdo. When I was 19 I started working and he co-signed with me on a 15k car that I made payments on.
15k is a bad price range for a 16 y/o. For one reason she may not even go to college. For another, by the time she's out of high school she'll probably want something else. Generally younger people want to change vehicles often if possible. If she's spoiled enough to receive a 15k vehicle for her first car, she's spoiled enough to complain about it when Jonnies $500 car's door dents hers. I would exercise extreme caution b/c I deal with people every week who's 16 year old just totaled out a vehicle. If she's that irresponsible with a $15k machine, or did something irresponsible, expect something bad to happen when she does start driving again.
Generally what I see and what I'm most familiar with is mom or dad has saved the money or taken it out of retirement to purchase a cash vehicle which is around 3 to 10% of their annual income (I would just guess by talking to them). The way my sister and I and most my friends came up was hand me down vehicles from the parents, that the parents had financed themselves when we were little. They kept them around for that purpose. At 16 I had moms 15 year old corolla. I did good with it , so at 17 I got dads 12 year old silverado. I did good with that so at 18 I got dad's vintage jeep that was older but bad assyer. I burn the clutch out mudding so he took it away and put me back in the silverdo. When I was 19 I started working and he co-signed with me on a 15k car that I made payments on.
This post was edited on 3/17/17 at 11:21 pm
Posted on 3/17/17 at 11:17 pm to Tigeralltheway
What you selling baw, I'm in the market
Posted on 3/18/17 at 7:46 am to Tigeralltheway
Keep it, drop insurance, and let it sit in your driveway as a constant reminder to her how she fricked up.
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