So I was supposed to take delivery of a new 2008 v6 accord today and trade in my 2000 contour SVT, it was a good run but I have started commuting more for work via car and just don't want to dump more money into it on repairs (needs a new AC condenser, sound system as everything is pretty shot, and either a new front axle or at least a bearing, not to mention the roof is leaking a little, there is a trunk leak, and a few other odds and ends)
But my Brother told me last week that his car is in rough shape, so I was thinking that since they were only going to give me 1,500 for my car, and since it only has 75,000 miles on it, I might as well give it to him for free.
So my dilemma is that I need to pick up my car, but I also don't want to get stuck with this car should my brother bail out.
Is it better to get new plates for the new car and keep this one insured until I work it out, or just transfer my plates and garage my old car for the time being (townhouse so don't know how cool my neighbors will be with that either)
Also has anyone done this before? and if so is saying it is a gift the best option?
Any assistance appreciated, thanks
But my Brother told me last week that his car is in rough shape, so I was thinking that since they were only going to give me 1,500 for my car, and since it only has 75,000 miles on it, I might as well give it to him for free.
So my dilemma is that I need to pick up my car, but I also don't want to get stuck with this car should my brother bail out.
Is it better to get new plates for the new car and keep this one insured until I work it out, or just transfer my plates and garage my old car for the time being (townhouse so don't know how cool my neighbors will be with that either)
Also has anyone done this before? and if so is saying it is a gift the best option?
Any assistance appreciated, thanks