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Would you buy your newly-licensed teen a brand new car?

22,510 8,433 December 15, 2010 at 08:37 PM in Chat
Why or why not?

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Would you buy your newly-licensed teenager a brand new car?
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Joined Nov 2005
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> bubble2 39,387 Posts
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Dr. J
12-16-2010 at 06:34 AM.
12-16-2010 at 06:34 AM.
lol no

I wouldn't even buy them a used car.
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Joined Nov 2004
The Original Moderette
> bubble2 68,603 Posts
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kel_be
12-16-2010 at 06:38 AM.
12-16-2010 at 06:38 AM.
My first car was a POS that died less than a year from buying it (transmission died). My next was a fairly new truck and I beat the hell out of that thing.

I say get a reliable used car and maybe have them help pay the insurance or payment on it in hopes they will take care of it.
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Joined Feb 2009
Tryin to come originale
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tresanus
12-16-2010 at 06:38 AM.
12-16-2010 at 06:38 AM.
Quote from BayArea :
See.. I don't think so. If you raised them their whole lives without completely spoiling them, I don't see how a single purchase like a car would completely change them. By the time their 16, they're mindset is either everything is handed to them or their normal people that understand the value of a dollar and that everything is not handed to them. Buy them a car, doesn't have to be new, and make them pay the gas and even chip in for insurance or routine maintenance.

I just see too many teenagers working more and more hours for $8 an hour so they can buy things they want. They neglect school and their studies. Would you rather have your child study and excel in school or waste that time working to buy their $2,000 cars?
A buddy of mine in college was a perfect example of this.

When he got his license in HS his dad picked him up in a brand new infinity g35 (his 16th birthday present). He drove that until sophmore year of college when it got totaled. His parents then bought him a brand new bimmer coupe. He was a good kid, he did good in school and now has a great job. However he is definitely the minority. I would say 9/10 of the kids given a brand new car were also given everything else in life and never learned to respect the hard work and effort it took their parents to get them to that comfortable of a life.

Shoot, most of them took college for granted, just like they took everything else in life for granted. A couple of them had to transfer out, or drop out, because they didn't realize the opportunity they had to make success for themselves in college.

Having your child buy their first car teaches them responsibility, you aren't throwing them out without a life preserver, you are still there to help them financially (maybe paying half, or paying for major repairs if they happen).

My mother (and the rest of my family) was very very poor until I was around 14 (family opened up a business). However I was still required to buy my own vehicle, pay for insurance, gas etc.. It teaches you to not only respect the things you have, but also respect the hard work and time it takes to reach a goal. It also teaches children that something that seems so hard to do (save up for a car) is not an impossible feat. You teach them dedication, hard work, sacrifice, but more importantly confidence. Confidence in that if you're willing to put the time and effort into something, you can have/be whatever you want.
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Joined Jun 2005
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shhaggy
12-16-2010 at 06:45 AM.
12-16-2010 at 06:45 AM.
Quote from MISHNAH :
Ahahahahahaha!

You're thinking kids with a superman complex will drive safer just because they dont want to wreck the new car??? Did you ever go to high school in America? Kids with nice cars wreck them more than kids with older cars, inexperience plus bigger engines usually equals disaster.

Side-impact air bags? I'm a car nut and have been in a ton of junkyards, the odds of side impacts are incredibly low, and on most of the cars I've seen t-boned, the side airbags wouldnt have done a lick of good. vomit

TPMS? Are you serious??? Give them kid a $3 pressure gauge and teach them how to check the air! It takes a few minutes to check all the tires. Taking a look at both sides of the car once a day is a more reliable TPMS. Big Grin
I treated my shit cars like what they were: shit. Anytime I borrowed my dad's car though, I was always super careful. That doesn't mean you have to buy your kid a brand new car though, you can easily find a nice car in great condition that's a few years old. Just don't expect a kid to treat a 15 year old car like it's anything more than it is.
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Joined Dec 2004
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Deanosan
12-16-2010 at 06:55 AM.
12-16-2010 at 06:55 AM.
Doesn't anyone fly anymore? Smilie
I'm getting my kids a Lear Jet.
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Joined Dec 2007
L8: Grand Teacher
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Kabn
12-16-2010 at 06:57 AM.
12-16-2010 at 06:57 AM.
not even if we can afford it. the sense of ownership and accomplishment i got from paying for half of my car's purchase price and all its insurance/maintenance costs is worth a lot and was one of my first real lessons in financial responsibility.

if we have kids, our plan is to put up a certain amount (probably a few thousand), then let them contribute whatever they can to buy something straight cash. after that, they're responsible for the car, including gas, insurance, repairs, etc.
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Joined Feb 2010
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idkist
12-16-2010 at 06:58 AM.
12-16-2010 at 06:58 AM.
Even if I were financially able to buy my kids a car I don't think I would. I bought my own car, and paid for my insurance, even though my parents could've done it for me. I think it teaches a bit of fiscal responsibility.
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Joined Jul 2007
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pictureframes
12-16-2010 at 07:01 AM.
12-16-2010 at 07:01 AM.
Quote from Deal Hound :
I would insist on getting my kid a new car.

For one thing, I don't like used cars. While they aren't always the best value, I don't like the trouble that can come with used cars.

New cars are also safer for a variety of reasons. Despite vehicle history reporting services, you still never know the history of a used car for sure. It's nearly impossible to know if a used car really has working airbags or has ever had damage that impacts safety. Side-impact airbags can be hard to find on a used car. Many new cars have side-impact airbags standard or at least as an option. Side-impact airbags can and do prevent splattered brains. I wouldn't put my kid in a car without them. It is also easier to get stability control on a new car, and all new cars have TPMS. Some of these things can mean the difference between being dead and walking away from a bad situation or avoiding it altogether.

Many kids will be encouraged to drive more safely in a new car. The last thing they want to do is damage a brand new car.


that made sense for a minute. but then i remembered my little bro totalled 3. brand new cars.
i think a new car is the WORST life lesson for a kid. THE WORST.
bro is spoiled. i think things would have been different for him had he had to get his own car OR gotten just a used. it affects how they will BE w money, finances etc...
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Joined Jul 2007
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pictureframes
12-16-2010 at 07:06 AM.
12-16-2010 at 07:06 AM.
Quote from shhaggy :
I treated my shit cars like what they were: shit. Anytime I borrowed my dad's car though, I was always super careful. That doesn't mean you have to buy your kid a brand new car though, you can easily find a nice car in great condition that's a few years old. Just don't expect a kid to treat a 15 year old car like it's anything more than it is.
i think a fairly recent model would be nice. HOWEVER steer clear of car payments.
my neighbor bought a new car cuz she couldnt afford to FIX hers. OMG.
wouldnt it be nice to teach the kid how wonderful life is w out debt. u start off w debt on his car at 16...he will think it the norm and a MUST HAVE expense. when its absolutely not.
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Joined Jun 2005
L6: Laser Lotus
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shhaggy
12-16-2010 at 07:18 AM.
12-16-2010 at 07:18 AM.
Quote from Loaf_N_Jug :
i think a fairly recent model would be nice. HOWEVER steer clear of car payments.
my neighbor bought a new car cuz she couldnt afford to FIX hers. OMG.
wouldnt it be nice to teach the kid how wonderful life is w out debt. u start off w debt on his car at 16...he will think it the norm and a MUST HAVE expense. when its absolutely not.
I'm thinking of getting a new car because of the finances associated to fix mine constantly, but it's not a matter of affordability, it's a matter of making a sound financial decision. The cost associate with fixing my car has reached the point where it's not worth it since the repairs don't extend the life of the car very much. It seems it's always only a matter of time until the next one. At some point, that 15 year old car with the transmission slipping, that needs new brakes and tires, is just a nightmare financial situation. One more major repair added to that list and it's suddenly more worth it to buy a new car because the thousands to fix it is just not financially smart.
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Joined Mar 2009
Schrödinger's Frog
> bubble2 19,428 Posts
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Frogstar
12-16-2010 at 07:19 AM.
12-16-2010 at 07:19 AM.
For starters: laugh out loud
Proceeding to: Crylol
Add in a little: Rofl2
And then finally: Roll

No, no I would not. Not even if I won the lottery.
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Joined Aug 2007
heartless
> bubble2 9,258 Posts
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noungning
12-16-2010 at 07:25 AM.
12-16-2010 at 07:25 AM.
Nope, and if I don't have a car around to let them borrow, there's always public transportation. Wink
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Joined Aug 2008
Eating up debt, nom nom.
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cookiemonster.
12-16-2010 at 07:30 AM.
12-16-2010 at 07:30 AM.
No way in hell.
And hopefully i'll raise them not to ever buy a brand new car.

Quote from shhaggy :
I'm thinking of getting a new car because of the finances associated to fix mine constantly, but it's not a matter of affordability, it's a matter of making a sound financial decision. The cost associate with fixing my car has reached the point where it's not worth it since the repairs don't extend the life of the car very much. It seems it's always only a matter of time until the next one. At some point, that 15 year old car with the transmission slipping, that needs new brakes and tires, is just a nightmare financial situation. One more major repair added to that list and it's suddenly more worth it to buy a new car because the thousands to fix it is just not financially smart.
Buy a nice used one with cash.
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Last edited by cookiemonster. December 16, 2010 at 07:31 AM.
Joined Feb 2009
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slickJAVA
12-16-2010 at 07:31 AM.
12-16-2010 at 07:31 AM.
Teenagers should not be driving. Licensing a child at 16 is reckless.
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Joined Jun 2004
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vec
12-16-2010 at 07:31 AM.
12-16-2010 at 07:31 AM.
Absolutely, but there would be a limit on the price. I am not going to spend over $30,000 on that car and the "newly licensed driver" would be responsible for the down payment and other charges due at signing.


Quote from slickJAVA :
Teenagers should not be driving. Licensing a child at 16 is reckless.
Huh Disagree That is just silly thinking.
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