Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Maybe taking a driving trip to Florida
Old 03-10-2010, 07:21 AM   #1
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
Maybe taking a driving trip to Florida

For a couple years now our 20 year old son has been hounding us to buy his own car. Since I'm retired I told him he can drive mine when ever he wants. Well he's already taken over my car and done a few mods to it, but every 6 months it comes up again, can I get my own car?? He's paying for it and knows I bought my first car when I was 18. He's in his second year of College and plans to go for a third since he's doing well and hold down a job.
Three weeks ago we finally broke down based partially on my history and told him yes………. with his own money. Well within a day the ads starting showing up in my email, link after link re the same year and model cars. Yesterday he asked that I make an offer on two cars and today I'm suppose to purchase one since I’ve already contacted the seller yesterday and we’ve pretty well agreed on a price.
Since the car is located in the States and we're in Canada it makes it a bit more complicated and based on the sellers outstanding loan he wants me to help him through it. Well doesn’t this make it even more complicated.
My son has money in hand and is excited, but I'm not, well let me rephrase that, I'm no where near as excited….. if you get my drift. The seller told me yesterday that he would prefer to sell locally but I assured him, (stupid me) that I would help him through this, even though I’ve never done this before.
I'm going to call the seller today to accept his price. If the deal goes through it looks as though I'll be driving to New Smyrna Beach Florida with no pre planning or budget and whipping money out of thin air to help my wonderful Firkin son out. Sorry I had to get that last piece of lemon out of my mouth.
I knew how excited I was to get my first car when I was 18 and the fact my father helped me………… and put myself in his place, maybe that piece of lemon won't return. At the moment I'm tired, half asleep, but I can image how tired he must be between College, homework, holding down a job, and staying up at night searching the internet for his dream car.

I hope I'm not.........I am...........I'm not..........am.......................going to Florida tomorrow.

Oh how we love our kids.

Free to a good home:

Anyone want a fairly independent 20 year old that's in school?
__________________

__________________
Newbie
My Dream is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-10-2010, 07:34 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,432
Quote:
Originally Posted by My Dream View Post

Anyone want a fairly independent 20 year old that's in school?
A couple of the cougars loving mom's here might.
__________________

__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 03-10-2010, 08:04 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,030
I'll pass since I launched two of my own .
__________________
Moemg is offline   Reply With Quote
Old 03-10-2010, 08:24 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Life father like son when it comes to vehicles?

Quote:
Originally Posted by My Dream View Post
Free to a good home:

Anyone want a fairly independent 20 year old that's in school?
Nah...just the thought of a kid makes me tired. Enjoy your road trip.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 03-10-2010, 08:31 AM   #5
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
Quote:
Originally Posted by bbbamI View Post
Like father like son when it comes to vehicles?
How did you guess, except his will/maybe 29 years newer. Oh the memories.
__________________
Newbie
My Dream is offline   Reply With Quote
Old 03-10-2010, 01:54 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by My Dream View Post
How did you guess, except his will/maybe 29 years newer. Oh the memories.
Because...I'll never forget your car....


__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 03-10-2010, 02:51 PM   #7
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,769
Make sure you stop and spend a few days or a week with your buddies(recent houseguests) in New York City!
__________________
WhoDaresWins is offline   Reply With Quote
Old 03-10-2010, 04:57 PM   #8
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,501
I'm puzzled. He's 20, has a job, has the cash, knows what he wants and where to find it.

What does he need you for?

The only advice I can offer is do the transaction in the lobby of the bank that holds the note on the car to verify everything. Personally, if the seller doesn't have a clear title on a used car I'd run away from it.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 03-10-2010, 05:06 PM   #9
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,372
The only car your son is interested is in New Smyrna Beach, Florida? Nothing north of the border that doesn't involve the title held up with the current owner's outstanding loan? And you have to be involved in the transaction?
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 03-10-2010, 06:02 PM   #10
Recycles dryer sheets
 
Join Date: Apr 2006
Location: Hardscrabble Texas
Posts: 372
I saw you were interested in a CE Z16 in a different location. Did you find another similar car in Florida?
__________________
.....#.....
Poundkey is offline   Reply With Quote
Old 03-10-2010, 06:12 PM   #11
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
Quote:
Originally Posted by bbbamI View Post
Because...I'll never forget your car....
You still amaze me.....but then I'm sure you've heard that before.
Quote:
Originally Posted by WhoDaresWins View Post
Make sure you stop and spend a few days or a week with your buddies(recent houseguests) in New York City!
The married couple still live with there parents, hmmmmm.
Quote:
Originally Posted by Walt34 View Post
I'm puzzled. He's 20, has a job, has the cash, knows what he wants and where to find it.

What does he need you for?

The only advice I can offer is do the transaction in the lobby of the bank that holds the note on the car to verify everything. Personally, if the seller doesn't have a clear title on a used car I'd run away from it.
This is his first car purchase therefore I have more experience.
I'm retired therefore I have more time.
I've owned a Corvette for 36 years therefore I know the Corvette he's buying more then my son.
I can haggle much better then my son can.
People take me more seriously then a 20 year old is purchasing this type of car.

I could go on, but hope the list above helps.

Good advice on the clear title which he's attempting to do.
Quote:
Originally Posted by Bestwifeever View Post
The only car your son is interested is in New Smyrna Beach, Florida? Nothing north of the border that doesn't involve the title held up with the current owner's outstanding loan? And you have to be involved in the transaction?
The Corvette he's looking at is a limited edition where as only 2025 were made and only a few hundred sold in Canada. One 5 are being sold in Canada with at least a $7000.00 higher price tag. He seems to have clear vision as to what he wants and maybe follow in his dads footsteps. He found one with 9000 miles on it and wants to buy it from the original owner.

Here is a picture of a 2004 Commerative Edition Z16 Corvette. They only came in one colour.




__________________
Newbie
My Dream is offline   Reply With Quote
Old 03-10-2010, 06:19 PM   #12
Recycles dryer sheets
 
Join Date: Apr 2006
Location: Hardscrabble Texas
Posts: 372
There was one listed on the big forum not long ago. Being in NYC it would be closer. Don't know that it's sold yet.

FS: 2004 Corvette Z06 - CE Z16 - Corvette Forum
__________________
.....#.....
Poundkey is offline   Reply With Quote
Old 03-10-2010, 07:36 PM   #13
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,372
Quote:
Originally Posted by My Dream View Post
The Corvette he's looking at is a limited edition where as only 2025 were made and only a few hundred sold in Canada. One 5 are being sold in Canada with at least a $7000.00 higher price tag. He seems to have clear vision as to what he wants and maybe follow in his dads footsteps. He found one with 9000 miles on it and wants to buy it from the original owner.

Here is a picture of a 2004 Commerative Edition Z16 Corvette. They only came in one colour.
Ah, I understand. Very personal reasons for that particular car. You and your son sound like you are very close in many wonderful ways--have a good trip .
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 03-10-2010, 08:13 PM   #14
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
Thanks for sharing that picture Poundkey, It almost seems like the two blues are a different colour. My son isn't really into the "hash marks", but then to each there own.

The hash marks are the two grey and red strips on the drivers side fender which were added to the car after purchase. There's a story behind it.



__________________
Newbie
My Dream is offline   Reply With Quote
Old 03-11-2010, 04:50 AM   #15
Moderator
Ronstar's Avatar
 
Join Date: Aug 2007
Location: A little ways southwest of Chicago
Posts: 9,337
Have a great trip! Keep us posted. There's not much that can compare to a cross country trip in a Corvette
__________________
Ronstar is offline   Reply With Quote
Old 03-11-2010, 07:09 AM   #16
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
I will not be driving the car cross country unfortunatly it will be trailered home. But I must agree, maybe one day my son will let me do so or I'll do it in my own.
__________________
Newbie
My Dream is offline   Reply With Quote
Old 03-21-2010, 07:58 PM   #17
Full time employment: Posting here.
My Dream's Avatar
 
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 829
Well I'm still in Florida and almost feel like I'm wrestling a gator when I'm dealing with the seller online. In person he's ok, but he's agressive when it comes to getting his money and he still doesn't have clear title.

The saga continues.
__________________
Newbie
My Dream is offline   Reply With Quote
Old 03-21-2010, 09:05 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Well pardner...sounds like you might need a gunslinger.......or a blindfold for that gator.

...in the meantime, try to enjoy your stay. We'll be here waitin' on ya.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 03-22-2010, 07:35 AM   #19
Recycles dryer sheets
 
Join Date: Feb 2006
Location: Indianapolis
Posts: 417
Neat car---how does it look with snow-tires on it?
__________________
Payin-the-Toll is offline   Reply With Quote
Old 03-22-2010, 01:11 PM   #20
Full time employment: Posting here.
cardude's Avatar
 
Join Date: Feb 2006
Posts: 599
Is he trying to use your money to pay off the loan and to get clear title? That's a fairly normal transaction for a car dealer to go through (paying off a loan to get a clear title after the transaction has been finalized) , but it can be a little problematic for an individual. If the bank is local and all you have to do is show up at the bank, pay off the loan, and get the title handed to you that's OK. However, if the bank is out of town and you have to mail the payoff to get the title I would be a little concerned.
__________________

__________________
cardude is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Chicago - Phoenix driving trip Ronstar Travel Information 6 06-27-2009 09:17 PM
dementia and driving simple girl Health and Early Retirement 17 12-04-2008 11:27 AM
What's driving the Dow? nun FIRE and Money 9 03-21-2008 08:39 AM
So what are we driving? newguy88 Other topics 118 03-13-2007 02:00 AM
finally taking trip to argentina newyorklady Travel Information 1 03-06-2007 01:52 PM

 

 
All times are GMT -6. The time now is 08:39 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.