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Starting My Son's Credit 2006 Prius
So I co-signed for a used Prius for my son who has a wife 2 kids and a baby on the way. We live in Michigan and he has to drive a lot. I suggested a used Prius, it has 204000 miles on it and the mechanic we bought it from told us he but in a new battery. Well, now the car does work after two months, drives slow, engine light on, and the dealer says it needs a new battery. We paid 3500 for the car, a new battery cost 2500-3100 from the dealer. He has to pay loan monthly payments. Should we just chuck the Prius, I feel bad that I suggested a vehicle that he can't afford to repair? Will someone purchase a Prius that does not work and need a battery? It is no way he can afford to fix this, anything over 500 dollars is out of his budget and I need my car back!
Ripped off, we were. -
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