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

Posted on 8/12/19 at 1:56 pm to
Posted by georgia
445
Member since Jan 2007
9116 posts
Posted on 8/12/19 at 1:56 pm to
I helped him with the majority of it, but he still had to come up with some of it, and he has to pay his own insurance and fuel. Driving is a privilege and requires responsibility, financially and emotionally.
Posted by KamaCausey_LSU
Member since Apr 2013
14698 posts
Posted on 8/12/19 at 1:56 pm to
Not unless they want something nice. They're getting a hand-me-down from a relative most likely. There's a good chance that they're going to get in a wreck within the first few years of driving.
Posted by The Korean
Denham Springs, LA
Member since May 2008
1617 posts
Posted on 8/12/19 at 2:09 pm to
Bought my kid a beater, but one she wanted, fixed it up so she would not be embarrassed. 9 months later it was totaled. Replaced it with a POS that she drove through college.

Bought my next one a used 4runner to learn to drive on, picked it up from shop after some repairs, it was 5 feet under water 24 hours later in 2016. Ended up sharing a new small SUV with her grandmother, but she would have preferred the 4runner

Bought the last kid the car she wanted, but a few years old. By this point, I was just too tired to go through the hassle. A few mysterious dents later, it has worked out for the most part.
Posted by Popths
Baton Rouge
Member since Aug 2016
3999 posts
Posted on 8/12/19 at 2:18 pm to
I bought my own and am better for it. My ex bought ours new cars with child support money. Made it look like she bought them. Oh well , wasn’t my decision.
Posted by Huey Lewis
BR
Member since Oct 2013
4679 posts
Posted on 8/12/19 at 2:19 pm to
My parents bought my first vehicle. It belonged to them and I was allowed to drive it as my primary vehicle as long as I paid for my own gas and insurance.

Once I saved up enough money to buy my own vehicle I had the option to buy their/my vehicle from them at a discounted rate or go car shopping on my own. You know, like an adult. Because that's what I was by then. I chose to buy my vehicle from them. Paid them cash, signed the title over, and twenty years later I still have that truck and doubt I'll ever get rid of it.

I'll probably do something similar with my kids when the day comes.
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16310 posts
Posted on 8/12/19 at 2:22 pm to
My grandmother bought my first car with the understanding I pay her back for it. I paid back every penny within the first year. Granted, it was only $3000.

That being said, my son just turned 15 and has been saving all his grass cutting, Christmas, and birthday money for the past couple years to buy his first truck. He's got over $4000 in the bank so he's doing pretty good.
Posted by Isabelle81
NEW ORLEANS, LA
Member since Sep 2015
2718 posts
Posted on 8/12/19 at 2:30 pm to
Yes and they could own a car until they could pay insurance too.
Posted by MountainTiger
The foot of Mt. Belzoni
Member since Dec 2008
14680 posts
Posted on 8/12/19 at 2:31 pm to
quote:

Did you pay for your first car?

Yep. When I was in college I worked summers (and one winter) at a paper mill. I used most of that money to buy my first car.
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12453 posts
Posted on 8/12/19 at 2:41 pm to
Mine bought me a brand new red sports car right off the lot. In hindsight, they were fricking retarded to do that.
Posted by jamiegla1
Member since Aug 2016
7028 posts
Posted on 8/12/19 at 2:43 pm to
I'd rather my daughter be studying than working some shite job after school just to teach her a lesson that life is going to ultimately teach her anyway.
Posted by MSTiger33
Member since Oct 2007
20457 posts
Posted on 8/12/19 at 2:46 pm to
If I can’t afford a car for my 4 year old in 12 years then I have bigger problems to worry about
Posted by GeorgiaTiger678
Atlanta
Member since Jan 2019
267 posts
Posted on 8/12/19 at 2:46 pm to
I drove an old farm truck when I was in high school to prove to my folks that I could take care of something that important. When I graduated my dad got me a used car but put it in my name then payed it off so I could have a good start to my credit score.

I intend on doing this exact same scenario with my kids one day, give them an older car and make sure they can handle the responsibility then purchase them a better one upon graduation from High School and put it in their name.

I didnt realize what it meant to have a good start on credit until after I graduated college and my apartment complex needed to check my credit to approve me. Very thankful for that lesson
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 8/12/19 at 2:49 pm to
Yes, bought my kids their first cars.
This post was edited on 8/12/19 at 2:50 pm
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8874 posts
Posted on 8/12/19 at 2:54 pm to
No.
Posted by rickyh
Positiger Nation
Member since Dec 2003
12482 posts
Posted on 8/12/19 at 3:15 pm to
I bought my kids a good used car after graduation and paid for gas and insurance as long as they were enrolled and passing in college. I worked a lot of over time but it was worth it.
Posted by Flyin'Cajun
Wiregrass, AL
Member since Dec 2011
959 posts
Posted on 8/12/19 at 3:15 pm to
No. My pop bought my first car and paid the insurance. Playing 2 sports, then working during the off season and the summer was enough. I’m thinking my kid will more than likely be involved in school and I’ll encourage her to have a part time job as well to earn spending money.
Posted by CubsFanBudMan
Member since Jul 2008
5124 posts
Posted on 8/12/19 at 3:25 pm to
I bought a new Tacoma a couple of months before my oldest was born. Plan on passing it down when the time is right.
Posted by forever lsu30
Member since Nov 2005
3954 posts
Posted on 8/12/19 at 3:50 pm to
Planning on buying my current almost 11 year old his 1st vehicle. Will be a standard. Absolutely 0 negotiation on that point.
Likely a Ford Ranger or Chevy S10 style small pick up.

If he's not playing JV/varsity sport(s), he will have a job & pay his own insurance + gas.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 8/12/19 at 3:54 pm to
$1,000

Weird clutch.

Everything ok.

She was lead dog at jamba juice.
$100 a month.

Shes great with her money.
In.south florida this week setting up her 97 yr old grandmother in assisted living.
Saint/trooper.

Posted by VetteGuy
Member since Feb 2008
28725 posts
Posted on 8/12/19 at 3:54 pm to
Yes, because as long as she kept a 4.0 she didnt have to work.

I started working when I was 14 and I haven't stopped yet. I didnt want that for her.

She'll be working soon enough.
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