OT Family Argument

I spy an underwriter's opportunity there. He gives you a wedge, you spend it and he gives you some more every month until you pop your clogs. Size of wedge and payments depend on your age and state of health. In return for which, you sign over your house, car, etc. [1] Some will live too long of course [2] but over the long run if the actuary is right, the underwriter should be quids in.

[1] Those house buying schemes were on the right track, but depended heavily on a rising market. [2] Calling Richard Hillman.
Reply to
grimly4
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Some families, you wouldn't want back.

Reply to
grimly4

Does it involve which cousins you can marry?

Reply to
Ron Lowe

What awful families these poster seem to have. How sad!

Residing on low ground in North Staffordshire

Reply to
Moonraker

I have made a will. At least I will not be around when that argument starts (should I die before my Mother)

Reply to
ARWadsworth

Sounds fair enough. He'll probably value it more if he's paid something for it. Presumably it comes with a small amount of petrol in it, possibly even tax and MOT.

Whether it's actually worth =A3150 even including the shock absorbers is another matter, of course.

You could adopt the moral high ground and give the car away; it will cost you little. If it was a vintage Bentley too right he'd be expected to pay for it.

Owain

Reply to
Owain

That's just part of the total cost of ownership. Would they expect you to ask for the petrol you've put in over the years, too?

You've done your bit, and if the grandkid now can't afford to take it on, you're free to flog or scrap it if no-one else in the family wants it.

Reply to
grimly4

Does he live in 'East Angular' then...?

Reply to
F

I'm keeping it. The Polo I looked at buying was a write off repaired car (the seller did not mention that even when I asked him).

And the old car has never failed an MOT. I was just wanting something with aircon and possibly better MPG and cheaper insurance. The car is virtually rust free (a small blob on the bonnet and the back wheel arch) and runs very well. It's only done 60K.

BTW my Dad (it was his Dad's car) argreed with me. It should be given away for free with good grace and I should follow Grandad's intentions even if the instuctions were not that clear.

I have decided that when I do get rid of it to just smash it into a wall before selling it to a scrapyard.

Reply to
ARWadsworth

BTW what make and model is the said motah?...

Reply to
tony sayer

A 1.6 Honda Civic LS (hatchback)

Looks like this

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mine has a dent in the back where a 200 year old oak tree grew behind the car and the girlfriend failed to see it when reversing. Still worth £300 with 12 months test.

And to think my Grandad nearly bought a Ford Orion. If he had I would now be able to put the Orion rust pile in with his ashes.

Reply to
ARWadsworth

It is if you decide to d-i-y it - or nip over to the Dignitas clinic on a one way ticket.

Reply to
Ormolu

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