My boss co-signed for me once, mainly because he was tired of giving me a push start to get my '61 Spitfire started.... LOLAnd they get the kids. We co-signed for the kids first cars because they were getting quotes of 18 to 20% interest!
My boss co-signed for me once, mainly because he was tired of giving me a push start to get my '61 Spitfire started.... LOLAnd they get the kids. We co-signed for the kids first cars because they were getting quotes of 18 to 20% interest!
We are financing my daughters and she pays us monthly. Occasionally my wife will say-if you pay next months by end of first week I’ll take $50 off or other incentives. Sometimes she does and once she told my wife the stock market was up so she was adding money into that instead. Thank god my wife is good at finances and taught my daughter wellAnd they get the kids. We co-signed for the kids first cars because they were getting quotes of 18 to 20% interest!
One son already refinanced his on his own and he has kept his credit so high he got a better rate. I’m glad we can help them get on the right foot.We are financing my daughters and she pays us monthly. Occasionally my wife will say-if you pay next months by end of first week I’ll take $50 off or other incentives. Sometimes she does and once she told my wife the stock market was up so she was adding money into that instead. Thank god my wife is good at finances and taught my daughter well
This day and age you almost have toOne son already refinanced his on his own and he has kept his credit so high he got a better rate. I’m glad we can help them get on the right foot.
For as out of touch as dealers are, the manufacturers are just as out of it. A quote from a GMC Sierra EV team lead when asked if they were selling to a younger or older audience primarily. “We’re mainly selling to people that can afford our trucks, and younger people that can afford them” while talking about a MSRP of $100k+ most people can’t afford that, especially younger people. So many people go upside down just for status, and young people don’t know enough, that why so many hellcats had multiple repossessions.And they get the kids. We co-signed for the kids first cars because they were getting quotes of 18 to 20% interest!
We are financing my daughters and she pays us monthly. Occasionally my wife will say-if you pay next months by end of first week I’ll take $50 off or other incentives. Sometimes she does and once she told my wife the stock market was up so she was adding money into that instead. Thank god my wife is good at finances and taught my daughter well
Well boo. I just hope there’s not too much time between the EREV and the BEV being released.Not sure if this has already been shared but looks like there been a decision on prioritization made. I’ve always been team EV but now wondering how much extra time I’ll have to wait for that. While committing to a target of 2028 for EREV, there’s not even a bother to mention if the EV model will happen in the year…
Uh uh uh. Just remember, more time to save for those goodies in the merch store.Well boo. I just hope there’s not too much time between the EREV and the BEV being released.
I know, but it would be nice if they would at least mention us BEV reservation holders so we know we haven’t been forgotten.Uh uh uh. Just remember, more time to save for those goodies in the merch store.
Same for me. I remember my dad showing me compounding interest and it blew my mind. Always been frugal. Then years ago my wife explained your invested money typically doubles every 7-8 years if you can manage (give or take) a 10% annual return rate and that really opened my eyes. That one made me want to save even more.My father was a finance manager for a Fortune 500 company. I learned what amortization tables were over the dinner table when I was 8yrs old.
It was boring at the time, but I really value that education now. Not that I am an expert of course, but I know enough to realize how interest rates work.
The lack of financial education in most schools is kind of crazy if you ask me.
Last year the youth group I work with asked for a lesson about "money?" (with the question mark there), as many of them were starting to leave for college. It was "boring" for them, until I told them the impact of the things I was talking about. When I told them that I saved myself literal hundreds of thousands of dollars by refinancing my house (when they dropped into the 2’s during Covid) that got their attention. So did explaining how much they could pay on interest for a car.
Agree. Feeling like BEV is just getting kicked down the roadI know, but it would be nice if they would at least mention us BEV reservation holders so we know we haven’t been forgotten.
My issue is my sweet husband could care less BEV or EREV and keeps saying if you have the opportunity to go sooner rather than later just get whichever one is available. I know something has to be first and we aren’t even acknowledge all those Terra people who have to wait for the Traveler to go first. I know it’s not realistic at all but I wish they could make all 4 at the same time, but sadly they can’t.Agree. Feeling like BEV is just getting kicked down the road
Amen. One of my biggest concerns with buying a vehicle is resale value, otherwise you're just throwing money away. Scout is a BIG gamble for me, not knowing how that will turn out. Hopefully they build a simple, reliable vehicle that will end up in the realm of the 4Runner or Wrangler for resale value.$40k underwater! This is one thing I have made sure to instill in my kids. Don’t ever, ever do this. It’s never good.
FinallyLooks like we have a February production center update
February 2026 Scout Motors Production Center Update – Scout Motors Stories
blog.scoutmotors.com
The key here is if they can legally say that Scout=VW.