Car thread

[$trinick]

So I assume they bought "your" car

If ownership was determined by the original owner of the money used to purchase something, then my dad's company would own everything we own, which in turn would be owned by the customers of his company, which would be owned by their employers, etc. That's just not how the world works, ownership is given to the person who is understood to be in possession of the car, not the person who funded the purchase. Not to mention, in this case since the car is legally registered under my name it's not even debatable that it could possibly be my parents' car.

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[Skig]

If ownership was determined by the original owner of the money used to purchase something, then my dad's company would own everything we own, which in turn would be owned by the customers of his company, which would be owned by their employers, etc. That's just not how the world works, ownership is given to the person who is understood to be in possession of the car, not the person who funded the purchase. Not to mention, in this case since the car is legally registered under my name it's not even debatable that it could possibly be my parents' car.

Of course the world doesnt work that way, that's not what I meant. I meant they gave you the money to buy the car. So theoretically they still bought it, you just picked it out

[$trinick]

Of course the world doesnt work that way, that's not what I meant. I meant they gave you the money to buy the car. So theoretically they still bought it, you just picked it out

I didn't say they didn't pay for it -- I said they didn't own it. They don't.

[Skig]

I didn't say they didn't pay for it -- I said they didn't own it. They don't.

Lol they paid for it

[Mikoyan]

I didn't say they didn't pay for it -- I said they didn't own it. They don't.

ok you're going to crash daddy's investment. Better?

[Skig]

ok you're going to crash daddy's investment waste of money. Better?

ftfy

[Headshot]

Why does it matter? Most people get their first car from their parents. I really don't see the problem.

[Mikoyan]

Most people that get nice cars from their parents don't drive like idiots.

[Headshot]

Most people that get nice cars from their parents don't drive like idiots.

Yeah, that's true.

[$trinick]

ok you're going to crash daddy's investment. Better?

A car isn't an investment by any definition of the word.

waste of money

It's not a waste of money either. Even if I do crash it, insurance would pay out the full value of the car. I don't see why it's even relevant that my parents paid for my car; are you trying to say that this would be a completely different story if I'd purchased the car myself?

I could liquidate some of my assets at any time and pay them back, but they don't want me to do that. The car is mine to do with as I please, and that I do.

[Mikoyan]

How would a car for your son not be an investment?

[BluetoothBoy]

The only way it would be an investment for his dad is if it lessened the work load for his dad after the purchase (e.g. he didn't have to drive him around anymore). However, if his parents saw no helpful effects from the purchase, then it wouldn't be considered an investment.

[Rub]

Lots of bitter hate in this thread, sorry that your parents can't afford to buy you cars.

[Skig]

How would a car for your son not be an investment?

They way he drives it doesn't make it an investment

[Mikoyan]

Lots of bitter hate in this thread, sorry that your parents can't afford to buy you cars.

I have a 2011 328i that I got in March with parents help. I just don't drive like a loving idiot.

They way he drives it doesn't make it an investment

*shrug*