Inherited a car from a dead relative should I sell it or keep it?
So I'm not really sure what to do with this but my grandfather had a 2014 Ford Escape base model. He loved buying a new car almost every other year until he got sick so his current car only has about 10 thousand miles. I already have a 2015 Honda Civic which isn't paid off yet but due to his death his car is. I was thinking I could sell it to help with my own debt but I feel guilty selling his car that he left to me. What should I do?
Why hide your identity?
Sell it. It's what he would have wanted.
It's yours to do whatever you want to do with it. But see if a family member would like to buy it - you avoid sales taxes on close family member sales. Get the car titled into your name to make the sale much, much easier.
" which isn't paid off yet but due to his death his car is."
DON'T COUNT ON IT! Just because a person dies, that does NOT mean that all his debts are automatically discharged. Unless the car was owned free and clear BEFORE the man passed, the debt is still owed, and YOU would be responsible for paying it.
Sell it. The Honda is a MUCH better car.
Have you gone through the process of transferring your grandfather's vehicle title into your name? If so, you can do whatever the hell you wish to do with the vehicle. If you haven't, you do not have the authority to do anything with the vehicle.
Flip a coin
Honda is far better.
Sell it
Sell it and pay off your car, unless you have some emotional attachment to it that I don't see. I bet he would want you to do what is best for you. I bet you miss him a lot.
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