New or Used: Being a Parent…to Your Parent
TTAC Commentator Jimal writes:
Sajeev and Steve,
I have one of those quandaries that most adults will go through sooner or later in life and I figured I would tap into you and the B&B for suggestions. My father passed away recently after a long illness and I’m helping my mother with settling his estate; cleaning up finances, etc. Among the things my father left behind were his 2005 Buick LeSabre, which my mother hates, and her cherished 1996 4-door Chevy Blazer.
They bought the Blazer new and 14 years and 170k miles later it owes my mom nothing. The problem is it is a ticking time bomb. My mother realizes this and realizes that they don’t quite make SUVs like that Blazer anymore. Our (my) plan is to sell the Blazer on the front lawn and either trade in the Buick or put it on the lawn for some down payment money for something.
My first question is what CUV built today would be the best replacement for my mother’s beloved Blazer? Because my father was a GM retiree, my mother is eligible for the GM Family First discount and the Chevy Equinox is high on my list, although depending on how much the bankruptcy screwed my mother (my dad was salaried and not protected during the C11 like the UAW members were) we may or may not want to support the General going forward. I’ve also looked at the Tiguan, the Journey and the Flex. She prefers American nameplates; the VW is my idea. I don’t know that anything Asian will fly, otherwise a CX-7 would be on the short list.
My second question is about the wisdom of leasing in this particular situation. My mother takes care of her vehicles (hello? 170k Blazer) and she’s not going to be driving long distances. To me the advantages of having a new vehicle before the old one is out of warranty outweigh the equity issues. I’m finding the lease to be a hard sell for my mother because my father had a bad experience with it on the Olds Achieva the Blazer replaced.
Older folks usually prefer to buy a familiar product. The less they care about the product, the more this usually rings true.
My mom is a prime example. She has owned a Camry for 10 years and now wants a new vehicle. My brother said ‘Let’s have her go see some Volvos.’ Well, she didn’t like any of them.
Then I said, “Well, maybe she would be happier in a Toyota Matrix. The seats a bit higher so that will help her with getting in and out of the vehicle. Plus it’s an easier car to drive.” My mom tried the Matrix and hated it too.
Finally, my mom drives the new Camry. She loves it. Why? Because everything is already familiar to her. Plus it now has a rear camera, navigation, and 10 airbags. She likes all of those things. To be frank though, she would still buy the new Camry even if it was still the exact same vehicle she drives now.
Go buy her an Equinox. Sell the other two vehicles for cash and use the family discount to get her a vehicle she can enjoy for the long haul.
The short answer is to stick with American or Japanese nameplates for a long term owner like your Mom. Buying a VW for this length of time is not worth it, unless you want to be one of the unwitting souls who tells the world the latest crop German vehicles have finally overcome a decade of being a below average value proposition! I wouldn’t want to be the person holding their breath for that.
German cars are for leasing only…and I don’t see your mother wanting or needing that. Buy, don’t lease. Buy American, it’s important to her. The Equinox, Traverse, Flex and Edge are great. Supposedly the new Journey is good value and a quality design, I haven’t driven it yet to know for sure. You need some quality time with Mom doing the Test Drive thing, make it a fun outing with a nice lunch too.
Like Steve said, this is a GM family and she likes GM products. Nothing wrong with that. Honestly I would put her in a Buick Enclave: the size is a bit much, but the luxury and style might be a great choice. There’s nothing wrong with treating yourself to something nice in circumstances like these. And how often do we get to say that around here?
Seriously, tell her she’s worth a Buick Enclave. As long as she likes sitting in it, enjoys the road test, etc. make it happen for her.
EDIT: on second thought, why not a new Caddy SRX? It’s smaller than the Enclave (which could be a good thing for her), and it’s a friggin Caddy. Get her an SRX!
Need help with a car buying conundrum? Email your particulars to email@example.com , and let TTAC’s collective wisdom make the decision easier… or possibly much, much harder.
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