My kids each get $15,000 towards a special interest car when they turn 21 if they are living a proper lifestyle free of alcohol, drugs, tobacco etc. They are not allowed to sell the car, it must be kept and remembered as gift from me. Our son used his $15,000 to buy a 2001 T/A WS6 convert when he turned 21 last fall, sounds like our daughter will do a similar purchase in a couple of years when it's her turn.
My thinking in this is that at least they "inherit" a car that they like, not one that dad liked. Originally I had a 67 Nova SS for our son, a 65 Acadian Canso Sport Deluxe for our daughter but they both admitted to liking new Trans Ams better. Why try to make them like a car that is not their style?
And I get to see them enjoy their inheritance to boot!
Problem is, 30K sure cut in to my hobby fund.....
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