Hey guys,
I appreciate all the posts and advice you have given. I was initially worried most of you would be against me purchasing the car, but I am happy that at least a few of you are for it.
It's not the money I'm worried about (purchase price, I mean.) It's how I'm going to convince my parents to let me have it. I haven't talked with them yet about it for fear of major disappointment (I think it will probably be along the lines of "no, no, and no")
So with that in mind, I have devised a sort of bargaining negotiation with them. Let me know what you think.
I have transferred to a new college, and for the first time in awhile am actually trying to do well; I want to do well, to make my parents proud of me, and to feel proud of myself...to show responsibility and maturity which will make them pleaseed, and to bring home grades we all can be proud of.
Things are looking good so far, so here's the propsal: If they agree to letting my grandma buy the car, it will be my responsibility, and as long as I'm making good grades (preferrably no C's) and doing my homework, etc at school, the car stays. But if I bring home any bad grades (either a C or below a C), the car will be sold. I know, it's a lot more than just that statement when it comes to selling a car, but I honestly cannot think of a better incentive for me to be focused to get good grades than the idea that my beloved will be sold. (Not even money is as important to me as a bribe)...
As I said, I haven't talked to them about it but in the meantime, I've been trying to be on my best behavior this weekend, for obvious reasons. The last thing I want is for them to get mad at me about something...
Anyway, that's my thinking on the subject. Of course, I still have to consider insurance, how much that would cost (for me being <25 with a P-car, vs my dad being 52 with a P-car), as well as figuring out things like title and registration, etc.
I have a garage I can put it in where it will be fully covered from the weather, etc.