Selling car to family

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Diddums said:
I suspect the happiness that would bring her would be worth a hell of a lot more than £400 tbh. There's more to life than money, and as you've said yourself, you don't really need it. She does. Do the right thing and feel good about yourself :)
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She’s been working for three years now in a good job so doesn’t need the money. On the other hand I’m on income support.
 
nlel1975 said:
The dealer offered me a part exchange price of £ 600 for the old car but I decided to sell it to my niece for £ 1000. This was back in February 2019.
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nlel1975 said:
I did consider just giving it away for free but decided to ask something for it and I thought £ 1000 was fair.
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nlel1975 said:
In a recent email exchange with my brother I revealed that I was offered £ 600 part exchange for the old car therefore was happy with the £ 1000 I got for it.
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nlel1975 said:
I let her have a few months to pay it off but when I finally did ask for the money she tried to make out that I was only interested in the money and that the brakes were knackered which wasn’t true as no faults were found when they serviced it.
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nlel1975 said:
On the contrary I could have sold it for £ 600 making out £ 1000 wasn’t fair.
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:confused:

So the neice purchased the car for £1000 and has paid the balance in full?
 
nlel1975 said:
She’s been working for three years now in a good job so doesn’t need the money. On the other hand I’m on income support.
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So why are you considering giving her the money back?

Make up your mind - live with the fact that you treated her a bit crap when she needed money the most, or give her the money back and live happily ever after.


Alternatively offer her half, tell her you feel a bit crap about it and want to make it right but cash isn't as abundant as it once was. Odds are she'll tell you not to worry but she'll appreciate it and you'll both live happily ever after. That's what I would do :)
 
tbh i had same problem slightly, daughter badgered the wife for her fiesta back in the days on and on relentless , mother doesnt need a car she can use yours blah blah. wife asked me i said it was up to her but anything she asked the daughter to pay she may as well right off as wouldnt get it. ( kids you know) so she lets daughter have it on installments 4000 pound car for 1500 pounds, was never going to end well i knew. yep she paid 600 back and then moved in with boyfriend and payments stopped. now move on 15 years and i still get it in the neck for letting the wife sell the car to the daughter, because.........wait for it........ she wrote it off 12 months later and got a payout from insurance for 3500.... my fault lol go figure:)

family friends and money never really mix , my old mum used to say never a borrower or a lender be....
 
gc123 said:
tbh i had same problem slightly, daughter badgered the wife for her fiesta back in the days on and on relentless , mother doesnt need a car she can use yours blah blah. wife asked me i said it was up to her but anything she asked the daughter to pay she may as well right off as wouldnt get it. ( kids you know) so she lets daughter have it on installments 4000 pound car for 1500 pounds, was never going to end well i knew. yep she paid 600 back and then moved in with boyfriend and payments stopped. now move on 15 years and i still get it in the neck for letting the wife sell the car to the daughter, because.........wait for it........ she wrote it off 12 months later and got a payout from insurance for 3500.... my fault lol go figure:)

family friends and money never really mix , my old mum used to say never a borrower or a lender be....
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That would really annoy me as they didn't even give you the rest of the money they owed after getting the payment from the insurance!

I don't think I could let that go as it's the principal and I'd have to say sorry no presents for you this year I'm taking it out of the money you owe me. :D
 
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