Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: Milligram46 Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 71237  
Subject: Re: Bought a Bad Engine Date: 12/5/2012 8:51 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 4
I would chalk this one up to a life lesson for your son. I'm willing to bet he has learned several.

Maybe I'm old fashioned, but $1600 for a block of Canadian rust from a vendor that didn't test the engine by their own admission is a lot of money. If he hasn't rated them on eBay, at least he can give them a trash rating.

As noted there are lots of vocational schools that could do the repairs on the cheap. Or, he could secure another engine from a more reliable source.

I will add, but again, maybe I'm old fashioned. I would have him pay you back for the second engine if you go that route. You seem like a really good dad from the little provided, of course we don't want our kids to fail but alas, nothing in life is free or without strings. If that makes you cringe, lets say a second engine from a reputable source is $2000 -- then have him pay 50% - over time if he doesn't have the cash. I think it is just solid life advice. Otherwise the lesson becomes, I have money problem - call relative to solve problem.

My two cents.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Beware Flood-Damaged Cars
Know what you are getting, don't get stuck with a Katrina victim. Check these links before you buy.
Disclaimer - Please Read
A message about professional advice.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement