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Did you, or do you plan to, make your kid pay for their first car?

Posted on 8/12/19 at 1:21 pm
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36138 posts
Posted on 8/12/19 at 1:21 pm
Figure this is a great learning opportunity to teach our daughter (no pics) some money management skills and responsibilty.

Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51381 posts
Posted on 8/12/19 at 1:22 pm to
You buy the car, but make her pay the insurance and taxes.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18321 posts
Posted on 8/12/19 at 1:22 pm to
If my parents made me pay for my first car I'd have poisoned their Metamucil. fricking boomers.
Posted by Salmon
On the trails
Member since Feb 2008
83630 posts
Posted on 8/12/19 at 1:23 pm to
No. This is not something I plan to do.
Posted by TH03
Mogadishu
Member since Dec 2008
171055 posts
Posted on 8/12/19 at 1:23 pm to
Yep. $350 for 84 months.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40162 posts
Posted on 8/12/19 at 1:23 pm to
quote:

Figure this is a great learning opportunity to teach our daughter (no pics) some money management skills and responsibility.



My folks just helped with their credit. Insurance, Loan, and etc were all up to me. This was also after I held a job for over a year and this car was only 13k.
Posted by notiger1997
Metairie
Member since May 2009
58261 posts
Posted on 8/12/19 at 1:23 pm to
Nope. Maybe pay for gas or insurance though
Posted by Schmelly
Member since Jan 2014
14509 posts
Posted on 8/12/19 at 1:24 pm to
If Aiden keeps his heart set on that F-250, dam right
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55840 posts
Posted on 8/12/19 at 1:24 pm to
My parents bought my first TWO cars
Posted by HempHead
Big Sky Country
Member since Mar 2011
55517 posts
Posted on 8/12/19 at 1:24 pm to
Buy your kid a beater.
Make her pay $150 a month for it, maybe a portion of the insurance and gas.
Keep that $150 a month as a down payment for a newer car if and when she gets accepted in to college (preferably with scholarship)
If she fails the above, buy cocaine.
Posted by Clark W Griswold
THE USA
Member since Sep 2012
10512 posts
Posted on 8/12/19 at 1:24 pm to
I’ll help them out
Posted by Warfarer
Dothan, AL
Member since May 2010
12132 posts
Posted on 8/12/19 at 1:24 pm to
my step daughter should since she doesn't do much else but she won't and her mother and father won't let it happen. My wife has already said that she will give her the Maxima she's driving.
Posted by MykTide
Member since Jul 2012
25501 posts
Posted on 8/12/19 at 1:25 pm to
Nope. Bought my son an old mustang and paid to fix it up for his first car at 17. Daughter picked out her first car (used) but we paid for it.

We made it clear that was the 1st and last car we were buying them.

Posted by BabyTac
Austin, TX
Member since Jun 2008
12272 posts
Posted on 8/12/19 at 1:26 pm to
Jaxton will never be able to afford an F350 unless I co-sign and float him the first 48 months while he’s in the minors. Then he should make enough to pick up the payments for the next 48 months.

Daxton doesn’t have the same talent so he’ll prob have to settle for the F150 single cab. I’ll prob float his payments until he gets on a turnaround at the plant and makes enough overtime to pick them up.


This post was edited on 8/12/19 at 1:30 pm
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120397 posts
Posted on 8/12/19 at 1:27 pm to
No but they pay for insurance
Posted by Paluka
One State Over
Member since Dec 2010
10763 posts
Posted on 8/12/19 at 1:28 pm to
My son received a full academic scholarship to college so I happily paid for his car. This was our deal. Win-Win.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48760 posts
Posted on 8/12/19 at 1:29 pm to
I'll probably give mine the wife's car when she turns 16 and help her as long as she's still in school.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17150 posts
Posted on 8/12/19 at 1:29 pm to
My oldest got a 10 year old civic that I bought. Made him pay insurance and gas. Told him should he be involved in a crash, he would be responsible for the deductible.

Gotta make sure the kid has a resonable amount of skin in the game
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34821 posts
Posted on 8/12/19 at 1:30 pm to
What kind of trashy parent makes their kid pay for their first car? Just buy them an old used car or get a new car for yourself and give them the old one
Posted by maxxrajun70
baton rouge
Member since Oct 2011
3726 posts
Posted on 8/12/19 at 1:31 pm to
Hell yes I made Jaxon pay for his 1st f250 but...

the truck nuts were on me
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