01-27-2003, 12:16 PM
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Meow Media Inc.
Industry Role:
Join Date: Jul 2001
Location: In the valley of the sun, cactus, tacos, tequila, and nod
Posts: 7,785
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Quote:
Originally posted by CDSmith
Mom really should make sonnyboy earn his car himself.
My own ol man was pretty tough on me about that when I was 16-17, he wouldn't budge an inch. He wouldn't match any amount, nothing. He said "If you want a car, go buy one"..... So.... I got a job, that was #1. Then I saved a few hundred bucks, and I went to my bank for a small loan. I borrowed $1200, and bought myself a used '74 Chevelle Malibu, and paid off that loan in 1 year flat. I had to beg my ol man to co-sign for that loan, but since he didn't have to fork out any actual money he was okay with it.
I know two things from that experience:
1) I appreciated that car and cherished it like a baby.
and...
2) if I had've defaulted on those loan payments, my dad would have sold that car to pay off the loan.
Something to think about.
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I'm sure your family's situation and mine are a bit different. Everyone's is. My parents bought my first car for me, but I had to pay for every drop of gas that went in it and if my grades dropped to cause the good student discount on insurance to go away I'd of had to pay the increase too. Same goes for my kids. I think I turned out okay. |
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