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Cars and Transportation
Reply to "Best way to buy a new car for my daughter"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]She should buy her own car. You can send her a check to cover what you want to cover. [/quote] Bingo bango. She is in grad school, she can make her own decisions.[/quote] What if she has no experience buying a car (or negotiating) and will get ripped off or spend the money on something that is impractical, fast depreciating, or expensive to insure? Not everyone is a car expert or has any interest in cars beyond having one for transportation. If I were buying any of my kids a car we would minimally have a conversation about what they want and what I'm willing to pay for. I can't imagine what horrible decision my son could make if I wired him 30K for a car and said "knock yourself out, kid!" Talk about a terrible idea. They can make mistakes with *their* money. They don't need to make mistakes with *your* money.[/quote]
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