Anonymous wrote:Anonymous wrote:Get her a used volvo that gets passed to her younger sibking when she goes to college.
If she manages to pay for college through scholarships and graduwtes debt free, offer her the choice between the new loaded jeep or grad school paid for in full.
Hopefully by then she will have learned enough to make a sensible choice.
The new volvos are expensive we just paid 70k for a new one
Anonymous wrote:My parents could have given me what would today be a $40k car. Instead I got my mother's 5 year old Chevy Nova when she got a new car.
It worked fine and taught me a lot more about value and values than if they'd given me a brand new toy that cost 2-3 times as much.
When I wanted / needed a new car after the Nova was totalled in a wreck (not my fault), I was told if I earned at least 50% of the cost (of what today would be a ~$16k car), my parents would match it, so I worked like a dog in the summer in the US Merchant Marines, in the engine room of a transatlantic ship.
That taught me about value.
So yeah, I think it's nuts to buy a teenager a $40k vehicle just because they want one.
Anonymous wrote:It’s your call, but I live by words of my father.
It is hard to appreciate, and care for properly, something that you have not poured your own blood, sweat, and tears into. I have actually witnessed this with our children (now adult). If you are given something (especially something of such great value), you will not take the energy to care for it like you would had you purchased it yourself.
I would not buy my kids a car, but if I did, I would buy them something that is not so expensive, and probably used. Then, when they are making enough money to pour into an expensive vehicle, they can trade the one I bought them in for something different.
Also, I am not a fan of expensive cars..... I think money is better spent on other things. Just my opinion.
Anonymous wrote:Sure, why not? A good kid who is great in Academics, EC activities etc, should not be penalized for having rich parents. Her value systems are great too, aren't they? She gets what she earns and deserves, doesn't she?
Anonymous wrote:Anonymous wrote:Get her a used volvo that gets passed to her younger sibking when she goes to college.
If she manages to pay for college through scholarships and graduwtes debt free, offer her the choice between the new loaded jeep or grad school paid for in full.
Hopefully by then she will have learned enough to make a sensible choice.
The new volvos are expensive we just paid 70k for a new one
Anonymous wrote:OP, if you get her this now, what is there for her to look forward to? Buy her something safe and used; and have her work for and look forward to her dream car.
~signed, buyer of a red Miata during the Miata craze. Loved that red Miata. Worked so hard for it.