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Suggestions for 20 yr old please......
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<blockquote data-quote="Tanya M" data-source="post: 685226" data-attributes="member: 18516"><p>Hi mzcat,</p><p></p><p>There are some things that are just out of our control. How she is treating the car is one of them.</p><p></p><p>I suppose the value of the car comes into play in that if it's only worth a few thousand dollars, if it were me, I would just sign the title over to her and say, "this is an early graduation present" or something along those lines. If on the other hand it's worth considerably more, or you have a loan on it, then I would really consider getting her something less expensive.</p><p></p><p>The fact that she is going to school and has been responsible in paying you, I might be a little more lenient and try for a compromise. If you put the car in her name her insurance rates will probably go up, maybe you could split the difference and pay part of the insurance.</p><p>I would make it clear to her that you are doing this but there are conditions such as she needs to take better care of the car or she will have to pay all the insurance.</p><p></p><p>You have some real positives here in that she goes to school and has been paying you for the cell phone, auto & medical. That is so much more than many of us here have ever had.</p><p></p><p>Good luck in whatever you decide. Let us know how it goes.</p></blockquote><p></p>
[QUOTE="Tanya M, post: 685226, member: 18516"] Hi mzcat, There are some things that are just out of our control. How she is treating the car is one of them. I suppose the value of the car comes into play in that if it's only worth a few thousand dollars, if it were me, I would just sign the title over to her and say, "this is an early graduation present" or something along those lines. If on the other hand it's worth considerably more, or you have a loan on it, then I would really consider getting her something less expensive. The fact that she is going to school and has been responsible in paying you, I might be a little more lenient and try for a compromise. If you put the car in her name her insurance rates will probably go up, maybe you could split the difference and pay part of the insurance. I would make it clear to her that you are doing this but there are conditions such as she needs to take better care of the car or she will have to pay all the insurance. You have some real positives here in that she goes to school and has been paying you for the cell phone, auto & medical. That is so much more than many of us here have ever had. Good luck in whatever you decide. Let us know how it goes. [/QUOTE]
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Suggestions for 20 yr old please......
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