November 25, 2009
Should I or Should I not?
Sheba asked:
2wks ago, my 19yr old daughter wrecked the car I bought 2mo ago. It’s repairable for a cost I’m not willing to pay money she does not have. So I decided to sell it – I bought it for 8G's – It will cost 5G's to fix it and I'm selling it for 1.5Gs…………Should I tell her I sold the car and share the money or keep it as a consolation.
Atlanta Wrecked Car Selling
2wks ago, my 19yr old daughter wrecked the car I bought 2mo ago. It’s repairable for a cost I’m not willing to pay money she does not have. So I decided to sell it – I bought it for 8G's – It will cost 5G's to fix it and I'm selling it for 1.5Gs…………Should I tell her I sold the car and share the money or keep it as a consolation.
Atlanta Wrecked Car Selling

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Comments on Should I or Should I not?
8:48 pm
Atlanta Wrecked Car Selling
Did she pay anything toward the car? If not why should she get any of the money?
8:34 pm
Atlanta Wrecked Car Selling
Keep the $
6:24 pm
Atlanta Wrecked Car Selling
keep it …you bought the car and even though she is your daughter she needs to learn responsibility. have fun!!!
2:50 pm
Atlanta Wrecked Car Selling
Keep it, your daughter contributed nothing but an accident so why should she make money off of this?
5:14 pm
Atlanta Wrecked Car Selling
If you bought the car in the first place, you get the $ from the sale.
7:20 am
Atlanta Wrecked Car Selling
Keep the money, you bought it, she didnt she wrecked it and cant afford to pay for it!
4:36 pm
Atlanta Wrecked Car Selling
I think if she helped you buy the car then yes. If not then NO keep it for yourself
3:53 pm
Atlanta Wrecked Car Selling
i think you should keep the money in a separate account for her and when she saves $1500, you can match her amount and put the money toward a new car. She will be more careful with her car when she has had to work for it.
11:08 pm
Atlanta Wrecked Car Selling
Why would you share the money with her?? It was your money in the first place, and she wasted most of it by wrecking the car. I don't think it's unreasonable for you to keep all the money–unless she contributed to the original purchase.
11:19 am
Atlanta Wrecked Car Selling
Was the car a gift? It is was, give her the money less your expenses. If it was a car to get her around – and still yours, I would charge her for the difference. At the very least, I would keep the money as a consolation.
Kids need to grow up and buy their own cars. I did.
3:37 pm
Atlanta Wrecked Car Selling
was this her car or yours? Was it a genuine accident or was she reckless/careless?
I think only you will know what to do, I mean after all she is not our daughter and none of us will know her like you do. You will have to live with whatever choice you make, not us.
5:24 pm
Atlanta Wrecked Car Selling
Wait…you bought the car in the first place….and she wrecked it? You don't have to share the $. It is yours. Pay the $ on the car loan or use it for a down payment on another one.
7:04 pm
Atlanta Wrecked Car Selling
You keep it, you paid for it. My parents never bought my cars and I will not buy my children theirs. Is she irresponsible? Make her buy her own car. She is 19 she should have a job, whether in school or not.
5:11 am
Atlanta Wrecked Car Selling
If you bought the car, and she wrecked it, then you should not have to explain yourself. Unless of course it was her car and she was paying you back for it…in that case I would make her pay at least 1/2 the difference in the loss of value of the car before she wrecked it. 19 years old is plenty mature enough to realize that there are consequences to your actions, and rewarding her with part of the money you get back from the loss is not going to help her.
11:47 pm
Atlanta Wrecked Car Selling
You didn't have insurance?
Is taking the money from the sold car and buying a less expensive car an option? If it is then I would do that.
3:35 am
Atlanta Wrecked Car Selling
That is a sticky situation. Although, I would NOT share the money personally. She wrecked the car that YOU bought. Let this be a life lesson to her. Let her work and buy her own car, with her own money this time. 8,000 dollars is a lot of money to spend on a car for a first time driver. You were nice enough to buy her that car, she wrecked it, she pays the consequence. She now can learn what life is really like and buy her own car like a big girl.
10:09 am
Atlanta Wrecked Car Selling
you should keep the money since you were the one buying it.
i would not give some money to my son or daughter if they wrecked it so be a real mom and tell your daughter that she has to buy her own car.
7:31 pm
Atlanta Wrecked Car Selling
its ur money why would U want to give it to her…coz sooner or later Ull have to buy one again with ur money…LOL…sooo I would say keep it
11:17 am
Atlanta Wrecked Car Selling
keep all the money. you paid for it and you are losing money by selling it damaged. make her suffer.
6:00 pm
Atlanta Wrecked Car Selling
Keep the money for yourself. It was yours to start with. Don't buy her another car. She needs to earn it herself.
3:55 am
Atlanta Wrecked Car Selling
Have her get a job… she now owes you the repair cost. And, I sure wouldn't let her drive my car again. Don't give her a dime, she is the one who should pay you.
11:25 pm
Atlanta Wrecked Car Selling
Put the money in savings towards another car. If you save a good amount you can get real low monthly payments on a goooood car……..something that will not bend like aluminum. And then just tell her what the plan is.
12:53 am
Atlanta Wrecked Car Selling
If the wreck wasn't her fault then I would hold the money until shes able to buy another car but if its her fault then I would keep the money.
12:06 am
Atlanta Wrecked Car Selling
Sell it, keep the money for yourself and tell her that if she wants another car to get a part time job and buy one for herself. Otherwise, what will she learn about responsibility?
10:30 pm
Atlanta Wrecked Car Selling
why would you share the money with her? Did the car belong to her? Did she pay for the car? Was it a gift? Or were you jsut giving her a car so she could have something to drive? Why do you want to reward her for cracking up the car by giving her money? What do you want her to do with the money or what do you think she will do with the money? I assume you are going to tell her you sold the car but, why do you think you should give her the money? Does she have any say in the situation? Does she care what happens to the car? If she does, you'd think she'd be aware of the fact that you are selling the car without you having to tell her. Where does she think the car is going? Is she at all going to be responsible for the fact that you lost the 8G investment you made? I would sooner let my child know that she will have to pay back at least some of it in some way. It's not like you gave her 8G to spend however she chose. You bought a car for her and she reduced it's worth from 8G to 1.5G. Is that something good?