Quote:
Originally Posted by Alfisti
You make a good point re. hidden new car costs, here it's freight and PDI and it can quickly add $3k to the price.
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Even though I prepared him, it was eye-opening for him to see the total cost with fees, tax, and registration. He even said "It's hard to fathom how so many people just throw extra thousands around when buying a car like it's nothing because they got a loan for most of it.". I told to never get comfortable with that, no matter how much money you have.
He's a good kid. Goes to college for computer science/cyber security, has a paying videography job at the school, works at a grocery store during breaks, and has his own videography business. We didn't hesitate to loan him $22K with no interest to get the car. He's never expected anything from us. I look forward to working for him in the future
