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Buying A Brand-New Motor Vehicle - Something That's Rough To Do As A Parent



Parenting is a difficult and demanding job. It's also a job that you can't retire from. Even when your kids are grown, living on their own and earning an income, you still feel a sense of responsibility and a need to give advice. We have found that our children are once again interested in our input. For a few years anything that we said held little to no value to our children but now that they have completed college & are taking on more responsibility for themselves they're eager for advice - you can give them good advice on a plethora of economic topics, like how to get rid of debt.

Our oldest son is quite independent. We not ever had to help him get rid of debt. He has always been such the very hard worker and is the most sparing of our children - that's why getting rid of debt was never an issue. He liked to save money and is a fantastic comparing shopper. He has never been one that has felt that it's imperative to have brand name clothing or shoes. He has a very practical side to him. Due to this I was shocked when he informed me that he wanted to purchase a brand-new car. He has always been the one to talk about how speedily new cars depreciate and how you never make-up for that depreciation. When I brought this up to him he said that he didn't care. He is making a good income and he has scrimped & saved his entire life, so he wants to purchase a new car as a treat for the hard work he has done. He said that he knows that when he chooses to get married and to start a family he might not be able to afford to purchase a new car so he wants to do it now.

I told my husband about the conversation I had with our son. My husband was distraught that our son would go in to debt for a new motor vehicle. He thought there were other ways he could spend his money. I told my husband that at first I felt the same way, but then I recall the first & only new car that I purchased. It was pleasurable to know that I was driving a car that nobody else had driven. Once we were married and started our family we couldn't afford a new car, we always bought program automobiles to get a better value and additional equipment. After listening to me my spouse agreed that everyone should own at least one new car in their life time.

A couple of weeks passed before our son drove up to our house in his new car. He chose to buy a new car that's a hybrid. He is getting fantastic gas mileage and the car has a nice sporty look & feel to it. He said that the reports are good for the car to hold its re-sale value, and there are enough of the hybrids on the road so most of the bugs have been worked through. It's neat to see how proud he is of his aptitude to purchase a new motor vehicle and save money at the fuel pumps.

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