INW-Iron-Steel
Well-Known Member
Guys, I am seeking a little input from those who have been around the block a few more times than I have. My grandfather is in his 80s, and is not in the greatest health. He has a SWEET dodge that he has been telling me for the better part of 15 years that he is going to gift to me when he is gone. That is quite thoughtful of him, but I have just never quite trusted this. My extended family is sketchy. And he makes decisions on a whim, spends money frivolously, and is always trying to "keep up with the Jones's." So recently, he is telling me he doesn't much like driving his dodge anymore, and was thinking about maybe looking at a newer 1500. I tell him that is an absolutely terrible idea. The truck is a 2005 Ram 3500 SRW quad cab short box 4x4 with a 5.9 pre-emissions Cummins. It has maybe 150K miles on it. I am not over exaggerating, this would be an absolute travesty. So I get to thinking, and I eventually asked him what he thought about my 04. I knew he liked it, but he lets me know he absolutely loves it (I've let him drive it a few times over the years) and has often thought about it. He just never wanted to ask me about it.
So, I proposed transferring the Dodge to me, and then offered to supply him with either licensed/registered vehicle in good condition until he no longer wanted to drive. In other terms, he could chose between whichever vehicle he wanted to drive, and that could change, but I would physically own both. I figured he might want to switch back, and I thought he would think this was kind. Registration in WA and OR is not cheap, but I don't really mind eating that cost. I know it is much harder for him on a fixed income. My intent was simply to make sure I would retain both in the long term, not to pull one over on him. But, I think I offended him in a way. He got pretty stern and was almost adamant that if he had the Sierra in his possession, he wanted the title in his name.
So, here is the real dilemma. I would love the Dodge, but not at the cost of losing my 04. No way. The dodge is worth more now, but who knows in the future? I would never be able to find a clean base model RCSB 4x4 GMT800 again. And honestly, likewise for the dodge. I do not trust my family, and that is why I would like to own both before the inevitable. I just know someone will come out of the woodwork looking for a buck. Even if he leaves the Dodge to me, someone will slither their way through and then *poof* bye-bye dodge. I also don't really trust my GPA to not sell the 04 in the next 5 years. It does have 270K plus miles on it. What happens when he wants something shiny and new? Bye-bye gmt800.
I feel like I am at a crossroads here where I have to choose Cummins Dodge or RCSB GMT800, and I don't want to. Any advise on protecting my GMT800 if I go through with this? Could we be listed as co-owners or something like that? The Dodge makes financial sense, but the 04 has my heart. I would really love to have it back in 5-10 years, God willing.
So, I proposed transferring the Dodge to me, and then offered to supply him with either licensed/registered vehicle in good condition until he no longer wanted to drive. In other terms, he could chose between whichever vehicle he wanted to drive, and that could change, but I would physically own both. I figured he might want to switch back, and I thought he would think this was kind. Registration in WA and OR is not cheap, but I don't really mind eating that cost. I know it is much harder for him on a fixed income. My intent was simply to make sure I would retain both in the long term, not to pull one over on him. But, I think I offended him in a way. He got pretty stern and was almost adamant that if he had the Sierra in his possession, he wanted the title in his name.
So, here is the real dilemma. I would love the Dodge, but not at the cost of losing my 04. No way. The dodge is worth more now, but who knows in the future? I would never be able to find a clean base model RCSB 4x4 GMT800 again. And honestly, likewise for the dodge. I do not trust my family, and that is why I would like to own both before the inevitable. I just know someone will come out of the woodwork looking for a buck. Even if he leaves the Dodge to me, someone will slither their way through and then *poof* bye-bye dodge. I also don't really trust my GPA to not sell the 04 in the next 5 years. It does have 270K plus miles on it. What happens when he wants something shiny and new? Bye-bye gmt800.
I feel like I am at a crossroads here where I have to choose Cummins Dodge or RCSB GMT800, and I don't want to. Any advise on protecting my GMT800 if I go through with this? Could we be listed as co-owners or something like that? The Dodge makes financial sense, but the 04 has my heart. I would really love to have it back in 5-10 years, God willing.
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