My mom is dating my father in law - apologise
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When we moved in together, her father was adamant about putting the car into one of our names, as he did not want to pay the taxes, insurance, etc.
We have la to have it repaired after minor accidents, replaced the battery, gotten a new title, paid the taxes, and roughly 2 years of insurance premiums. However, the car is currently 11 years old. It has fairly good mileage, but no 4-wheel drive we live in an area with frequent snow. I would love to use the car for trade-in value, and not have to be out of pocket completely for a second car. You can email The Moneyist with any financial and ethical questions related to coronavirus at qfottrell marketwatch.
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If the car means as much to him as you say and he gave you the title to help you with insurance and upkeep, it seems unlikely that you could sell it without hurting his feelings. Asking him to buy a car back from you that he gave to you for free would seem like an ungracious act. He was doing you the favor. If he had sold you the car, that would be different; in that case, you could politely tell him that you were intending to trade up. You would have spent that money on a car of similar make and age if you had purchased one. I am, however, glad that you excluded the cost of gasoline and oil changes from your calculations. He died a week ago.
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