Originally Posted by MOz
Sorry to hear about your dad. Been there, done that.
Talk to the bank. They may make you a deal to assume the payments.
Yup, known vehicle, it's been in the family and it was your dads I assume. DON'T BLOW HIS LIFE INSURANCE MONEY ON A NEW CAR, DON'T DON'T DON'T. You will be very hard pressed to come up with that amount of cash in one lump sum unless you hit the lottery. See if he had life insurance on that jeep loan, the two times I bought new I did, I did not want my wife getting stuck with car payments if I kicked the bucket. Friend of my sons got an inheritance when he turned 21, $450,000.00, he blew through it in 3 years and is now working as a tire changer and in dept up to his eyeballs. If he had just left it in the bank he would have been drawing $20,000 a year for the rest of his life.
DO NOT PISS IT AWAY..... especially on a car, this might be a good time to look at a house or property, that might be worthwhile.