Well, that depends if youre ready for your teen to become more independent and responsible. It also depends of course on your purse or wallet! Buying a vehicle for your teen is a big leap and presents lots of responsibility for your teen who is either at or approaching the age he or she can drive. You may want to consider some or all of these tips to help you in your decision on whether or not you should purchase a vehicle for your teen:
1) Consider having your teen work towards paying the down payment or entire purchase price for their vehicle. By doing this, your teen is able to learn responsibility and the value of money! Your teen will probably take good care of their vehicle if they are contributing or paying for the purchase of the vehicle.
2) You may want to purchase your teen an older used vehicle, probably a sedan that will be reliable for their needs. Your teen will probably be able to save money on insurance and fuel costs by purchasing an older vehicle. A sports car or 6-12 cylinder vehicle would not be an appropriate vehicle for your teen to have. They dont need it! Remember, their just getting started. Usually the insurance costs for older...
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