- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 8/12/19 at 1:32 pm to NATidefan
Bought their first vehicles cash will not buy the next one
Posted on 8/12/19 at 1:33 pm to NATidefan
My son just turned 16 a couple of months ago. We did not buy him a car, but we have a 3rd vehicle that he drives right now. We will eventually buy him one, but not the one he wants. He want a Jeep Wrangler and I already got a quote for insurance on one...and nope. There are 3 rules for him to have his own vehicle.
1. Absolutely no alcohol in it at any time.
2. He has to work for gas money.
3. He has to keep his grades up.
1. Absolutely no alcohol in it at any time.
2. He has to work for gas money.
3. He has to keep his grades up.
Posted on 8/12/19 at 1:36 pm to NATidefan
I plan on doing the same thing my parents did for me. My son won't have to pay for a car or insurance until he graduates. He will also drive beaters until that day happens.
Posted on 8/12/19 at 1:36 pm to NATidefan
I paid the down payment on mine which was somewhere around half. My parents picked up the payments. That will probably be the route we take.
Posted on 8/12/19 at 1:36 pm to NATidefan
I paid my mom $250/month to help with the note and insurance (came out to around half), and I paid for gas, inspections, and most maintenance. This was my choiceI'll probably have a similar setup for my kids, amount TBD.
Posted on 8/12/19 at 1:38 pm to NATidefan
Not something I plan on doing. I had to work in high school and 2 jobs in college. I busted my arse so that my daughter doesn’t have to do what I did. I’ll have her pay for her own gas but I’m not gonna have a note on a 16 year olds vehicle. We’ll either buy in cash or give them hand me downs.
Posted on 8/12/19 at 1:38 pm to NATidefan
I bought my first car, and my parents paid for the insurance and gas. Hopefully, I will be able to pay for it all for my 2 boys when they are old enough to drive
Posted on 8/12/19 at 1:43 pm to NATidefan
I had to buy my first truck and every one after that. A 2003 Ford Ranger Edge (bought in 2005)
Parents paid my insurance. I paid the fuel and all.
Parents paid my insurance. I paid the fuel and all.
This post was edited on 8/12/19 at 1:45 pm
Posted on 8/12/19 at 1:44 pm to NATidefan
My daughter will be paying for her car. She is 17 and been working since this past summer.
Posted on 8/12/19 at 1:46 pm to NATidefan
I was given my first car because I had good grades. They spent $500 in the mid 90s. It didn't even have ac or heat.
I'll prob give my kids a little better as long as they have good grades etc.
I'll prob give my kids a little better as long as they have good grades etc.
This post was edited on 8/12/19 at 1:47 pm
Posted on 8/12/19 at 1:46 pm to NATidefan
No. My kids were so busy, there was no way their mother and I could keep up with their schedules and full time jobs. It was a necessity for us.
Posted on 8/12/19 at 1:47 pm to NATidefan
No, but make sure they understand how much of a privilege it is to not have to pay for a car and have a car payment.
Its okay to financially support your children more than you had. The problem is when they dont understand that its not the norm and that they better appreciate it.
Its okay to financially support your children more than you had. The problem is when they dont understand that its not the norm and that they better appreciate it.
Posted on 8/12/19 at 1:47 pm to NATidefan
I inherited mine from my grandmother. Parents paid for insurance as long as I made grades. My kids will get a similar deal.
Posted on 8/12/19 at 1:48 pm to NATidefan
I’ll do what my parents did. I only paid for my gas during the summer while working.
Posted on 8/12/19 at 1:49 pm to NATidefan
I dont plan on doing this... but im not Dave Ramsey
Posted on 8/12/19 at 1:52 pm to NATidefan
I bought both kids their first car. Not new, but something practical with low miles and something they were happy with. They paid for gas in high school and gas/insurance/minor upkeep items in college. They knew it would be their trade in after college so they took pretty good care of them.
Fortunately, they had no big maintenance issues and it worked out okay for both.
Fortunately, they had no big maintenance issues and it worked out okay for both.
Posted on 8/12/19 at 1:52 pm to NATidefan
i bought their cars, but had them in my name, and I told them that they were to care for them, as if they were borrowing my cars.
Posted on 8/12/19 at 1:54 pm to NATidefan
Yes. But they will have to have and hold a job for six months before I buy it. Then they must pay gas and insurance. That's the plan for now at least but that is a long ways away lol
Posted on 8/12/19 at 1:55 pm to NATidefan
Lots of parents who spoil their kids in this thread, jeez
My parents let me and my siblings know early on they would not be buying us our cars when we turned 16(even though my parents easily could have). They kept telling us when we turned 14 or so, you better start looking for a job so you can buy a car when you are 16.
I started umpiring T-Ball and Coach Pitch when I was 14 and did that for a few seasons. Got my first job at 15 years old working the parking lot at Six Flags as well as at a minor league baseball stadium. Mowed lawns. Saved up about $3000 and bought my first car when I turned 16 with no help from my parents.
My parents let me and my siblings know early on they would not be buying us our cars when we turned 16(even though my parents easily could have). They kept telling us when we turned 14 or so, you better start looking for a job so you can buy a car when you are 16.
I started umpiring T-Ball and Coach Pitch when I was 14 and did that for a few seasons. Got my first job at 15 years old working the parking lot at Six Flags as well as at a minor league baseball stadium. Mowed lawns. Saved up about $3000 and bought my first car when I turned 16 with no help from my parents.
Page 2 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News