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Reply to "$$$ car for trust fund kid?"
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[quote=Anonymous]That $20k used car. Insurance should be cheaper too. Get a used Mazda CX-30. Actually, new may be as low as $26 with 0% interest loan at times. Great zippy little car, and one of the cheaper ones to fix if it needs fixing at all. I got used had Mazda 3 2007 that went over 100k easily never needing a tune up. The SUV is slightly higher, wider, and safer car. My child has similar amount coming to them as their father passed away without will. I wish courts would let me put the money into UTMA, invest in Voo and done. I want no trust, no lawyers, no bond as I see it as court spending child's money to 'protect it'. [/quote]
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