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

Forum Index » Tweens and Teens

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]How many kids do you have, and how many years apart are they?

What is your HHI?

What kind of car did you buy them (and was it new?  used?)

Did you get any type of "outside help?"   Like did a grandparent contribute some money?

Did you feel you had to sacrifice in other areas (vacations, home renovations, etc) to afford the car?

I guess I'm just surprised (maybe a bit jealous) when I see a teen with a new ($25,000+) car, and then a couple years later their younger sibling also gets a new car...

[/quote]

4 kids, each 2 years apart. Oldest turning 16 soon. HHI 600K+. Will buy a new car for ourselves and they will get our oldest car (2013 Honda CRV) to drive. We may buy a 1 year old used car for DC 2 and trade in the CRV at that point. When each DC graduates college will likely buy them a new car at that point (no car for college), or pay security deposit on first apartment if they are in a big metropolitan area for their first job and will use public transportation.

No help from others, no sacrifice to offer cars.

I do want to say we are not “car” people - we can afford luxury cars but just don’t value them. Almost all our friends have them, though (our very nice Toyota/Honda SUVs stick out in our friend group), and I won’t be surprised if I see most of their kids get new cars. Honestly, we will probably spend $25-$30K on the used car for DC2, but that one should last through DC 4, so feel like that is a good purchase.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics