New or Used? : The Unwelcomed Gift Edition
I’ve written before for “New or Used?” regarding my ’04 Scion xB 5MT that I (mistakenly) ended up trading in towards my family’s 2013 Outback 3.6R last year. Since then I’ve been driving my wife’s ’06 Accord EX-L V6, now at 105k. It’s a nice enough car to drive, but was never “my” car, if you know what I mean (and I’m sure you do).
Sure the Cayenne a nice car, but again it’s not really “me.” Although I’m 6′ 3″ I like small cars with stick shifts that I can throw around, not heavy pseudo-SUVs that get 12 MPG city/. However, am I crazy to turn down a free Cayenne?? I have concerns because (A) it’s not my kind of car, (B) the Carfax has 3 accidents on it, (C) maintenance costs are going to be crazy. Supposedly the frame is fine, but I know he had more than 3 fender-benders (he should have stopped driving years ago), and we have two small children so I would want to verify that. Also the car has been immaculately maintained. He did pretty much whatever the dealer’s service department told him to do.
Part of me thinks I should drive it for 1-2 years and then trade it towards something I want, while the other part of me would be worried about being stuck with a 10 year old SUV with a bad Carfax. And of course the third part of me (if that’s possible) is sick of driving an automatic.
I’m getting some serious pressure to act on this soon. Any advice from you, along with the best and brightest, would be greatly appreciated.
All best,
Steve Says:Any gift that comes with strings attached is not a gift. Ever. When family members give you something that you must absolutely positively keep under the penalty of (insert snubbing method here), then what you end up with is a family tie that will bind and gag you and your family.
So what did I do? Well of course! I gave them the doghouse!
My wife goes outside about an hour later, and invariably asks where the doghouse is. I tell her what happened and she tells me in no uncertain terms that my MIL is going to be ticked off to the nth degree.
My response was, “And??? This is our house! Just tell her we exchanged it for the trampoline. If she complains then we know it wasn’t a gift ”
Is your wife an only child? Then take the car if, and only if, it is truly a gift with no strings attached. Thank your in-laws profusely for their generosity either way it turns out, and consider yourself a lucky man. Don’t complain. Not even if it isn’t ‘your’ type of car. Just be a mensch, and when this isn’t such a hot button issue, you can sell it and set up a fund to handle any health issues for your in-law’s. By that time you will also have a better perspective on the security of your new job.
If your wife has siblings, then you can’t keep this car. Don’t even try. Let them know that you hope your father-in-law will live for a long, long time. Then you can do the right thing for everyone.
Research the true market value of the vehicle. Post the vehicle for sale online. Handle the transaction for your in-law’s. and then finally, thank them for thinking of you and your wife.
As for your desire to buy a stickshift, I’ll let the folks here sort that part of your life out.
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So you are whining about getting a free Porsche Cayenne or driving a 2006 Accord V6 huh... but you considered leasing a GTI for an 8-mile commute. First world problems, huh!?!? :) Take the free Cayenne and use it as your fancy-shmancy family car slash commuter slash daily driver. Its free, that's not the same as buying one and paying for it and the maintenance. This saves you from having to buy a practical car and its somewhat cool in a douchey way. The other soccer dads will be envious at least. Then buy yourself something fun and completely impractical that you really want to spend your money on. Miata, Z3, classic 911, Mustang, etc, whatever floats your boat.
Where do you live? I'd take the Cayenne, throw some studs on it, and use it as a winter beater. I'd probably mostly drive the Accord in summer though. I driven a couple examples of that generation of Accord and I like them, though the ones I drove were manuals. Still, even though I couldn't see myself buying an automatic, I'd still be willing to drive one if it makes sense, and free vehicles make a lot of sense. I'd get the choice of the next vehicle purchase though. Maybe you should just take the Cayenne and add a toy to your vehicle collection? With all your practical vehicles, you can skip the kind-of-sporty car (GTI - not saying it isn't a nice ride) and get something with a manual and RWD so you can fun with the corner exits as well as the entries. Of course, the maintenance doesn't scare me. I've never paid someone to work on my vehicles and I wouldn't plan on starting with that one. There's too many resources available in the internet age to think that I wouldn't be able find cost-effective solutions to any problems that might arise.