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[quote=Anonymous]My highest priority for the car our kids drive is that it be as safe as we can afford. That was also my parents top priority when I started driving as a teenager.

For teenagers, having skin in the game on purchases, whether for cars, or college or anything else, I think different families just have very different approaches and would trust parents to know their children best.  With my children, we don’t take that view at all. But, they are both highly responsible, cost conscious people. Like everyone, they have their issues, but needing to learn from having skin in the game just doesn’t happen to be one of them. When I was a teenager, I didn’t need that either to understand the value of money or to act responsibly. My parents bought me a car shortly after I turned 16 so that I could drive to my far away high school that didn’t have bus service. Some may view that as my being spoiled, but that spoiling didn’t have any negative impact as far as I can tell. I was then, and continue to be, a highly, organized, responsible and financial literate person. All to say that I don’t think there is a one size fits. All approach and families should probably just do what is best for their particular family unit and not make assumptions about the impact of other peoples choices for their kids.  [/quote]

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