So here is the deal. I very good friend I trust completely wants to buy my DD, (1998 Jetta VR6) It is completely built but still NA. Very realible! Thing is I have owned it since July but can not get it registered as it is popping a CEL from the SAI pump. Well once that is replaced I can pass any OBDII test and get registered. Sooooooooo, yes I have been far too lazy to get it done. It is my fault and now I am laid up I can't do it until I can stand on my own. Here is the brass tax of the matter. He has offered me 1/8th the total cost of the car as a down payment as it sits. With payments until tax time where he will pay the remainder in full. Mind you I am NOT concerned about the money part. My concern is me, I have a habit like others to take money that are in smallish amounts and burn through it. Small amounts meaning under 1k. In one hand out the other. Regardless if I put it into savings or not. I just spend it. If I were to sell the car I would promptly want to get another DD, this time actually get it completely registered instead of floating temp tags cause I am a lazy bastard. Another issue is that in the next couple of months I was planning on removing the jetta from DD duty and do something very very nutty. Lets just say 500 wheel on pump gas corrected. so discuss, the person I am thinking about selling too is a member so whoever he or she is SHUT YOUR FUCKIN HOLE!!
Setup an account at your bank that is DEPOSIT ONLY. Have him make the deposits to that account. DO NOT link that Deposit Only account to your other accounts. No checks for it; no bank cards; no online. Nothing. It should be "in-person only".
Don't know if it costs money to do or if you can do it yourself. Set up a trust account. Make Hal the executor. It would be in your name but no disbursements until all the payments have been deposited in the account. You don't burn the money. You don't do something completely ridiculous to a Jetta. and Hals to old to run off with the cash!
Give me the money, Ill put it in my high interest savings, give it to ya when its fully collected hahaha I like Kevan's idea. If your bank can do that, that would be a way from protecting you from yourself almost. What would you get as the "New" DD if you sold it?
Prolly a honda, focus, I would like a foxbody (I know they are old but I know them inside and out so downtime would be VERY limited)
sweeeeeeeeeeeet.... I support that choice hahaha.... if i had the funds to buy my buddies 91 a few years back i woulda gotten it in a second....i maintain that was the meanest sounding car i have ever heard
Easy, Sell it to this friend. And yea, I know who you are talking about. lol I know why this person needs the second car. Do as Kevan says about the Deposit Only account and when it is time, buy the fox body and go to town.
Yea I know. Think of it as doing a REALLY GOOD deed. You have been wanting to get another Fox body anyway... Besides, it is a fricking Jetta. Why spend ALL that money to get to 500 N/A?
you love the fox style and I think you would have more fun with it then the jetta....its helping out a good friend and getting you what you want in the long run...get a deposite only account even if you have to put it in Katelynn's name(thats what my bank does) then you can save it to get your fox.
