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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are you making her buy it from you? [/quote]
To learn some financial literacy and responsibility, also in the hope she will have pride of ownership because she bought it? Seriously? Parents don’t do this anymore? Well, we are doing it. [/quote]

No, that's not financial responsibility and then you lose control of the car.  You cannot take away the keys and tell her no car if she owns it.  She should take care of it or she loses it, simple.

We will pay for gas and insurance and kid will get a very old car to drive but its still OUR car, at 16 and that car will be replaced.  When they work, they will put the money away for college for spending money.  I would never give or buy a child a car in less we had no other option (like the car died and they need it it vs. want it).[/quote]

+1 when I was a teen my dad bought a new car and allowed me and my older sister to drive his old one. It was always 100% clear that this was NOT our car. It was their car which we were allowed to drive. Any kid who referred to it as "my car" was immediately corrected. When the original hand-me-down died, they bought another used car for the kids to drive (we had zero input into what dad bought since it wasn't "ours"). I eventually took that car to college and at graduation they signed it over to me and I could finally say it was mine.

I think it makes it a lot easier to take the car away and enforce other limits when you avoid giving them the impression that it's theirs to do with as they please. [/quote]

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