A couple's money issue - help please!

blabberwort

5 years together and she's arguing about it being her car? I think she needs to reconsider her relationship if after at least 5 years she still thinks of property as hers or his not both.

peachyprice

So they've put down a total of £8k for the car yes? His £5k cash, her £3k scrappage allowance? So she owes him £1k, £4k deposit each.

She didn't have to use her scrappage allowance towards this car, she could have got one of her own. He either wants the £3k off or he doesn't. Can't have it both ways.

aliasojo wrote: »

She didn't have a £3000 asset, she had a £100 asset. I don't see how she can expect to trade her £100 asset for a £2500 discount tbh.

Because without her £100 asset they wouldn't have got the additional £3k discount.

aliasojo

peachyprice wrote: »

Because without her £100 asset they wouldn't have got the additional £3k discount.

If the b/f had not paid anything towards the upkeep/maintenance of the car, I would be more inclined to agree with you but considering he has been paying out over the years too, I'm less inclined to accept it's 'her' asset. (Although clearly this is more of a moral argument than a legal one, given it will be her name on the log book.)

I can't help feeling after being together for so many years, a 'halfer's' approach might be better. 'They' had a £3000 scrappage discount, 'they' put down a £5000 deposit, so each should pay half of that, £2500.

I suppose it depends on how they work their finances normally though, whether the pool their funds or if it's very much a his and hers situation? Just shows how differently we all view things really, it's a shame they view things differently too though.

Any

I completely agree with Peachyprice.
He was happy to drive her car around, didn't have to contribute a penny to the buying cost and now when it finally comes to him buying a car he wants to get it as cheap as possible...

Interesting that the first car was "their" even though he didn't contribute to the purchase price and now his deposit money is "his"....

Also agree with the first poster...She should not buy a house with him...

aliasojo

Any wrote: »

....., didn't have to contribute a penny to the buying cost.......

You can't hold that against the guy, he wasn't even on the scene then.

Any

aliasojo wrote: »

You can't hold that against the guy, he wasn't even on the scene then.

True... but saved him from buying his own so he could take that into consideration now too..:D

whitewing

depends on the total price too.

Agree with everyone else that this should have been sorted out long before the purchase.

euronorris

aliasojo wrote: »

I can't help feeling after being together for so many years, a 'halfer's' approach might be better. 'They' had a £3000 scrappage discount, 'they' put down a £5000 deposit, so each should pay half of that, £2500.

I agree with the above.

Not really sure why they're arguing about this really. After 5 years together, this really shouldn't be a 'his' and 'hers' thing. It should be an 'our' and 'us' thing.

I can see both their points, and if this had come up during the first 18 months of their relationship, I could understand why it might be an issue. But, 5 years on? This just shouldn't be an issue. It's not like she would've gotten 3k for selling the car instead anyway.

Either the old car was a joint asset or it wasn't. And....either this car is a joint asset, or it isn't. There isn't really an inbetween here.

Any

euronorris wrote: »

It's not like she would've gotten 3k for selling the car instead anyway

No, that is true. But she could have gotten her own with 3k discount?

Either they are couple who do finances jointly and they each pay what each have, or they don't have finances jointly and then they can't have a car jointly.

God knows what they are going to argue about when a child is born... Is he going to want to pay just a half of baby's nappies even when she is going to be on maternity leave? (or the other way round...:D)

gravitytolls

See I thought that when you were a couple, finances etc. became 'ours'.