If you bought your teen a car (or will buy them a car)...questions about money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Our kids got a 2 year old used Volvo SUV.

"Motor vehicle fatality is the leading cause of accident death among teenagers, representing over one-third of all deaths to teenagers."

We spend a lot of time worrying about a lot of things but statistically driving is the most dangerous thing your teen will do. I knew that I would easily give $30K to have my child back if they died so it was an easy choice for us. It wasn't a sacrifice for us but I would have gladly sacrificed to know that I did everything I reasonably could to allow them to become independent people but also not die.

lol. love the insinuation that those of us who don't purchase our children new cars are letting them die. are you my 16 year old?

You are hearing things that aren't there. I was simply explaining our decision making process. You may make a different decision. You'll also see that we didn't get a new car and if you put some effort into it there are a number of cheaper cars that receive high crash test ratings. I'd rather my kid drive a used Volvo than a new Prius but we live in the suburbs with curvy roads and lots of SUVs - your experience may be different.

Prius has a really good crash rating. FYI

It does but you missed the part about the curvy roads and SUVs. There's crash ratings and then there's basic physics.

Well I grew up in New Hampshire, and the thought process was that tall vehicles tip over so sedans were better. Is a fulcrum no longer basic physics?

[Anonymous]

NO WAY. Getting one of our cars at best.

[Anonymous]

One child, hhi 350k, he was given 15k from a grandparent and he was responsible for all research and negotiating, chose a 2015 low mileage domestic sedan. It was a great learning experience for DS

[Anonymous]

Hell no. We live in Chicago where there is a terrific public transportation system. They can take the metra, the el, or the bus. There is literally NO PLACE in the city they cannot go on public transportation. They also have feet that work. The CTA is safer than driving no matter how you look at it.
We pay for their ventra card until they graduate from college. Also, fwiw, we are a family of 5 living in the city and we don't own a car at all. In a pinch, we take an uber. That happens about once a month.