What Would You Do...(Long)

[Pixie Power!]

Ok here goes, sit tight its a long ride.

I will have an insurance payout in the next few months for an injury to my shoulder, which I did at work. My DH & I have already agreed that after the last 18 months I've had of injections, x-rays, physiotherapy, mri scans, popping more pills then you could imagine and immense pain, that a should have a treat out of this money and it comes in the form of discon2.

However, the problem is what do we do with the rest and who has the final say?

I really need a new car, its seven years old and doesn’t have power steering, so if I drive long distances it hurts my arm. I can get a really good discount on a new car via a family member and the money should just about cover it. My DH thinks that we should either put a deposit down and pay for the rest of the car on a good finance deal or just put it in the bank for emergency’s and wait another year and have a car on finance then. (He has a GREAT company car, one that we would never be able to afford normally, my new car wouldn’t be anything special at all, just more comfortable to drive and more reliable).

We do already have savings in the form of shares, which we can sell if we ever needed too, and we both have really good pensions so our future is secure.

What do you think? Who gets the final say? Would you class this as ‘our’ money or ‘my’ money?

What would you do? Am I been greedy as I will get a trip to Disney anyway out of it?

Thanks

Emma

 

[Fantasia Sam]

Emma this one is easy in my eyes - Take the trip and the car - done deal!

If you need the car buy it and DisCon 2002 is the bonus.

Just call me "Miss Selfish".

 

[Pixie Power!]

Sam, Im with you!! But my DH is always the sensible one hey, you cant take your money with you can you and its not like we are struggling to pay bills ect.

My votes with yours

Emma

 

[kazzie]

I'm with the 'buy yourself the car' camp! Your DH already has a really nice car,OK its a perk of the job but he still has it.

The money you will have is because of your injury.Your injury is sometimes exacerbated (sp!) by driving a non-power steering car.No contest get the car now

 

[caroley]

I'd go for the car. I have an ongoing shoulder problem and driving my old car was a nightmare. I'd do almost anything to avoid going into second gear and as for trying to park in a tight space? Forget it My current car has power steering and a smooth easy gear change. I no longer whimper as I'm driving. You need that car!

 

[Sue's Mum]

Take the car! You have "earned" it by going through all that horrible stuff. Presumably the injury still needs "nursing" and if driving with power assistance would help, then go for it. No point in making life hard for yourself and causing more pain now, is there?

 

[jjcollins]

Just think Emma if you had put a few more Quid on that Big TIP you got yesterday then you would be home and dry..........LOL....LOL



jj........

 

[Hilary]

How about a compromise? Would you be able to get a new-to-you but second-hand car with power steering?

I appreciate that you can get a great deal by using your family member's discount on a new car, so going the second-hand route may not be any cheaper for you, but it might be worth looking into. If it was a possibility, and there was a lump sum of money left over, you'd end up with a 'new' PAS car for you shoulder <b>and</b> some cash in the bank to please DH (you could always earmark it for trading up the car in the future ).

Good luck with whatever you decide!

 

[vernon]

Why not compromise, seeing as DH is going to be insured on your car, and I'm sure you're insured on his company car. You have a bad shoulder and he doesn't, why not swap cars and let him drive yours, until he thinks it's time to get you a new one? I think that would be a matter of days not months LOL.

On a more serious note though, it's your compensation, it's your injury and it's your needs. While I'm sure he's trying to be helpful I think you're going to feel upset if you don't get what you want out of this, particularly if it's causing you discomfort. I'd pay for the car outright UNLESS the finance deal was at 0% interest or near to it. Having money in the bank "for a rainy day" earning you at best 2% a year interest while your likely to be paying out more than 7% for most finance deals seems to me that you're losing 5%+ a year on the money. At the end of the day, only you know how much discomfort it puts you in, personally I wouldn't put up with any , you could try to suggest the car swap idea, I think he'll back down pretty quick LOL

 

[Pixie Power!]

vernon thats an excellent idea!!! but as my car in pink i dont think he'll go for it LOL

Something else thats been put into my mind by these boards is the DVC, ok my arm will HURT but i get to go to disney every year!!!!

Thanks everyone for the help

Emma