Grandparent is upgrading their car after 10 years and wants one of the grandchildren to have the old one to help them out. There's two grandchildren who are interested/ currently in need
Grandchild A
Age 30. Still lives at home with parents. Single.Currently drives grandparents old car from 17 years ago which has been a great car but on last legs.
Earns 30k and no financial responsibilities aside from token amount of rent to parents and gym membership, mobile phone etc
Doesn't have to grocery shop or do Washing as parent (and aforementioned Grandparent) do a lot of this for them
No savings currently
Grandchild B
Age 35. Owns a 4-bed mortgaged house and is married with new baby.
Household income of 75k which is currently reduced due to mat leave.
The family have one new 2022 reg car on finance but due to having new baby and work arrangements, they will likely need two cars very soon. They'd prefer not to do this on finance again as they are facing rising mortgage costs in coming months as well as nursery fees and other cost of living rises that are having an impact on household budget.
They do have some saving set aside but had planned to use these to overpay on mortgage to ensure their monthly payments won't be double when fixed deal ends in a few months
Who should get the car?
Yabu - A
yanbu - b