So about six months ago now, I bought a truck with the help of my father. At the time I needed 4x4 for work, and I ended up with a lightly used Chevy Colorado. It was not my first choice for a truck (I wanted a manual Tacoma), however my dad insisted that if he was going to help pay for it (he offered to contribute 10k to the purchase), it had to have an automatic transmission, so I ended up with the Colorado. The out the door price of the vehicle ended up being 31.5k which he actually paid 11.5k of, and I paid 20k. Anyways, at the time I found the vehicle, I was traveling for work, so I simply wired my father the money and he picked it up for me. As a result though, the title was put in his name, and rather than sign the title over to me, he offered to pay the insurance on it, to which I obliged. Here's the thing though: I now have a different job where I no longer need to drive a truck, and I'd really like to get something else. I know it is not the most prudent financial decision, but I have plenty of money and would be buying the new vehicle cash with plenty of money left over. I also just find a truck to be extremely cumbersome, and not enjoyable to drive whatsoever. Not to mention the vehicle is already having major issues. What do I do about my Dad? I know he will be pissed and say no because that's just how he is, however I feel that since I paid for the majority of it originally, and I have been solely responsible for it (fuel, maintenance, etc.) I should be able to do what I want with my own vehicle. After all I am a grown man with a full time job. That being said, I cannot do anything if he does not sign the title over to me, and in the eyes of the law, I basically gifted him this vehicle. Apologies for the long winded post, but any advice would be appreciated. Thank you
>>344518291. If he says no, say you appreciate the 10k and you will give it back to him (and do). Same with the insurance he already covered. 2. If he still says no, well, you don't have a father anymore since he stole 20 from you.Not to get all dogmatic above - you should essentially be able to talk it out. If he is reasonable, it's your car, but he feels like he has say since he helped pay for it. It's sort of ok for him to feel that way, so offer to cover some of it for him since you are making a want, not need decision at this point.
>>34451829Sell him the truck he already owns to help you in a new vehicle. He is probably already planning something like that.
