▲ 2 r/UsedCars+1 crossposts

Hey everyone, what’s the smartest move here?

My dad has a 2011 BMW with about 58k miles. It had about $5,000 left on the loan under my grandma’s name, and she recently paid it off because she didn’t want the loan in her name anymore. My dad plans to pay her back and we’re waiting for the title.
The BMW has needed repairs, so my dad listed it for $6,500. I enjoy driving it and have put about $2,100 into paint, registration, and performance parts, but I know those upgrades probably don’t add much resale value.
I’ve mostly been daily driving a 2008 Honda Civic that belongs to a family friend, but I may lose access to it soon. I don’t currently have a lot of money and I’m trying to figure out the smartest move.
Should I:
Try to keep the BMW and help buy it from my dad?
Let it be sold and save for a more reliable car?
Consider another option?
What would you do in my situation?

reddit.com
u/Latter_Natural_4916 — 2 months ago
▲ 2 r/tax

Started a 1099 job in California

Started a 1099 job in California

It’s a delivery driver role in California where they provide a company van, gas card, and assign daily routes.

Schedule:
Arrive around 7:00 AM
Leave for routes around 7:00–7:30 AM
Usually done around 2:30–3:30 PM, depending on the day

About 3 days a week, sometimes 4
Pay: $25/hour, paid every 2 weeks via Cash App. I’m classified as a 1099 contractor.

Rough income:
3 days/week: about $600/week (\~$2,600/month)
4 days/week: about $3,400/month

I’m trying to understand taxes and whether this setup is normal.
Questions:
Is saving around 25–30% for taxes appropriate for this income level?
What records should I realistically keep (payments, hours, expenses)?
Is it common in California for jobs like this (company vehicle, assigned routes, set schedule) to be 1099, or would this usually be W-2?
They handle invoicing internally each pay period.
Just trying to make sure I’m handling taxes correctly and understanding how this type of setup is usually classified.

reddit.com
u/Latter_Natural_4916 — 2 months ago

Started a 1099 job in California

It’s a delivery driver role in California where they provide a company van, gas card, and assign daily routes.

Schedule:
Arrive around 7:00 AM
Leave for routes around 7:00–7:30 AM
Usually done around 2:30–3:30 PM, depending on the day

About 3 days a week, sometimes 4
Pay: $25/hour, paid every 2 weeks via Cash App. I’m classified as a 1099 contractor.

Rough income:
3 days/week: about $600/week (~$2,600/month)
4 days/week: about $3,400/month

I’m trying to understand taxes and whether this setup is normal.
Questions:
Is saving around 25–30% for taxes appropriate for this income level?
What records should I realistically keep (payments, hours, expenses)?
Is it common in California for jobs like this (company vehicle, assigned routes, set schedule) to be 1099, or would this usually be W-2?
They handle invoicing internally each pay period.
Just trying to make sure I’m handling taxes correctly and understanding how this type of setup is usually classified.

reddit.com
u/Latter_Natural_4916 — 2 months ago

Is it worth it

I’ve been doing Amazon Flex but I’m trying to see what others think about it long-term.

I’ve got 2 local warehouses I usually go out of:

* One is about 17 miles away
* The other is about 27 miles away

I can work up to 8 hours max, but I’m trying to see if it’s actually worth it after gas and mileage (my car gets about 30 MPG).

For people still doing Flex:

* Is it still worth it for you after gas + wear and tear?
* Are you still making decent profit per hour?
* Or is it only good for side money now?

Just want honest opinions from people actively doing it 👍

reddit.com
u/Latter_Natural_4916 — 3 months ago