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Anything wrong with buying yr kid an enterprise used car ?
| Creator & Destroyer | 09/20/25 |
| Pope Leo XXX | 09/20/25 |
| Creator & Destroyer | 09/20/25 |
| Talker Carlson | 09/20/25 |
| ;;......,.,.,.;.,.,.,.,., | 09/20/25 |
| Creator & Destroyer | 09/20/25 |
Poast new message in this thread
Date: September 20th, 2025 6:32 PM Author: Creator & Destroyer For like $12k some shitbox they don’t care they are just happy as hell to have wheels and you don’t have to be a taxi driver for them all weekend any more (http://www.autoadmit.com/thread.php?thread_id=5778103&forum_id=2...id.#49287327) |
Date: September 20th, 2025 6:35 PM Author: Pope Leo XXX how shitty are they?
https://www.enterprisecarsales.com/list/buy-a-car/price---15000/?zipcode=10020
they dont look too bad |
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Date: September 20th, 2025 6:37 PM Author: Creator & Destroyer They aren’t bad. I had several as a grown ass man in law school etc (http://www.autoadmit.com/thread.php?thread_id=5778103&forum_id=2...id.#49287338) |
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Date: September 20th, 2025 6:40 PM Author: Talker Carlson The biggest cost of buying your kid a car is the liability expousre. Imagine they kill someone and the car is in your name. The victim's family will argue negligent entrustment to a shithead teenager. Now you gotta lawyer up because your carrier isn't motivated to defend your personal assets. Then you're in the world where fraudulent conveyances are on the table as an actual GTO strategic decision. That's just part of the actual true cost. The $12k or whatever for some beat up jalopy is chump change (http://www.autoadmit.com/thread.php?thread_id=5778103&forum_id=2...id.#49287345) |
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Date: September 20th, 2025 6:43 PM Form an LLC that exists only to own this one car and lease it to your son, and also he's the whole shareholder. Bam, you haven't created joinder with the liability. (http://www.autoadmit.com/thread.php?thread_id=5778103&forum_id=2...id.#49287349) |
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Date: September 20th, 2025 6:43 PM Author: Creator & Destroyer Hmmm How much is umbrella policy … and am I just buying a lawsuit by buying one I have commercials what not but it’s all local and just dumb get your name out there stuff any realtor would do I’m not a target But maybe umbrella policy is appropriate in the next couple of years |