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I MAY be buying my mom's truck - READ ONLY

4 messages,  Last post on Oct 26, 2004 at 6:57 AM

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#1 of 4 I MAY be buying my mom's truck by dawnstorm

Oct 25, 2004 (10:29 am)

Or rather my Dad's truck. He died three years ago (quite unexpectedly) and since then my brother's been driving his 2000 Toyota Tacoma. My mother says that he's been bugging her to take it back, but even though the truck is still technically hers (she pays the insurance and has the title), she doesn't want it. She recently offered it to me. Golden opportunity, and I'm pretty sure that the truck is in great shape. Any tips for buying a truck from a family member? I don't want to start another world war, and I do intend to get everything in writing (condition, the monthly payments I'll make, etc) I looked the value up here on Edmunds and it's worth just under $9000.
I'm sure some of you here have bought vehicles from family members--how'd you handle it?

#2 of 4 Re: I MAY be buying my mom's truck [dawnstorm] by dustyk

Oct 25, 2004 (3:57 pm)

Replying to: dawnstorm (Oct 25, 2004 10:29 am)
Not good. Even a few recommendations were trouble. My rule is don't sell a vehicle to a family member, and if you buy one, don't complain.
 
Good luck,
Dusty

#3 of 4 Re: I MAY be buying my mom's truck [dustyk] by kg11

Oct 25, 2004 (4:32 pm)

Replying to: dustyk (Oct 25, 2004 3:57 pm)
I'm with Dusty on this one. Over a lifetime you'll have many vehicles but only one family. I don't remember some of the cars I've had in the last 30 years but I remember every fight I've had with a family member.
 
It's just another truck till you attach it to family. Maybe your mom would be willing to trade it on something of your choosing and co-sign. That way there would be less chance for dispute over actual ownership or obligation for repairs.
 
 BUT; If she co-signs and you don't pay...
 
Good Luck

#4 of 4 Re: I MAY be buying my mom's truck [kg11] by dawnstorm

Oct 26, 2004 (6:57 am)

Replying to: kg11 (Oct 25, 2004 4:32 pm)
I'm not sure myself, because my mom's shown a tendancy to tell me one thing and my brother another thing. Right now I've decided that I'm not going to say diddley squat and see if she brings it up. I haven't even mentioned this to my brother. Lord only knows what she's told him, if anything. I think for the time being I'm just going to keep my mouth shut.
I know that when I bought my current car I was screwed, blewed and tattooed, and my ended up buying the car, paying for it, and then we worked out a payment plan. I made the last payment about a month before his untimely death. But dealing with my mother---I just don't know.
Yup, I'll definately take the Fifth Admendment for now. Thanks for the advice.

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