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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 2:26 pm to
Posted by Dam Guide
Member since Sep 2005
15881 posts
Posted on 8/12/19 at 2:26 pm to
quote:

My ex bought ours new cars with child support money. Made it look like she bought them.


Well she did, that's what child support money is for, sounds like she actually used it appropriately in this case.
This post was edited on 8/12/19 at 2:26 pm
Posted by 777Tiger
Member since Mar 2011
74741 posts
Posted on 8/12/19 at 2:28 pm to
quote:

How many 16 year olds can afford a car?


first time I asked my Dad if I could buy a car he had the sit down and breakdown of every cost associated of owning a vehicle talk, it was a bit daunting, when my first kid turned 16 the mindset of the kids in her class were not what kind of car do you wish you could get, but what are you getting for your 16th birthday?


ETA: I did have a friend that bought, and paid cash for, a brand new Dodge Challenger, from money he'd saved up from a paper route and working odd jobs, when he was 17, I ended up getting that paper route from him
This post was edited on 8/12/19 at 2:32 pm
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
14689 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 NATidefan
Two hours North of Birmingham
Member since Dec 2008
36469 posts
Posted on 8/12/19 at 2:33 pm to
quote:

How many 16 year olds can afford a car


All of them if they have a part time job, food, free place to live, and their other expenses covered.
Posted by dawgfan24348
Member since Oct 2011
49759 posts
Posted on 8/12/19 at 2:33 pm to
quote:

he'd saved up from a paper route

Was he doing his paper route in Beverly Hills?
Posted by 777Tiger
Member since Mar 2011
74741 posts
Posted on 8/12/19 at 2:36 pm to
quote:

Was he doing his paper route in Beverly Hills?

baw was a hard working, very industrious Dago, good man, as mentioned, it was the paper route and various other odd jobs, his cousins had a couple of restaurants in town, he was always working at those too
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
11083 posts
Posted on 8/12/19 at 2:38 pm to
quote:

All of them if they have a part time job
You know a bunch of kids in high school that are able to succeed academically, play sports/extra curricular activities, and work enough to pay for a car?

When I was in high school there was no way I would have been able to work during the week while playing sports. I would have had to work all day Saturday and Sunday, and honestly still wouldn't have had enough money to pay for a car/expenses.
This post was edited on 8/12/19 at 2:50 pm
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12461 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 dawgfan24348
Member since Oct 2011
49759 posts
Posted on 8/12/19 at 2:42 pm to
For 7.50/hr? Unless it's an old car from CL they're not affording it

They'll probably get 20 hours max and less if they're on a team or doing some kind other after school activity
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36469 posts
Posted on 8/12/19 at 2:42 pm to
quote:

You know a bunch of kids in highschool that are able to go to succeed academically, play sports/extra curricular activities, and work enough to pay for a car?


Yeah. My daughter is young for her grade (turning 15 entering 10th). Most of her cheerleader friends are doing exactly this already.

Posted by jamiegla1
Member since Aug 2016
7131 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
20651 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 Bayou_Tiger_225
Third Earth
Member since Mar 2016
11083 posts
Posted on 8/12/19 at 2:47 pm to
How many hours does she work a week?
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 NATidefan
Two hours North of Birmingham
Member since Dec 2008
36469 posts
Posted on 8/12/19 at 2:53 pm to
quote:

How many hours does she work a week?


None at the moment. Shes only 14, bout to turn 15. She babysits every now and then. But rare.
This post was edited on 8/12/19 at 2:57 pm
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
9081 posts
Posted on 8/12/19 at 2:54 pm to
No.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36469 posts
Posted on 8/12/19 at 2:56 pm to
quote:

I'd rather my daughter be studying than working some shite job after school 


She makes good grades, she also spends almost all of her time on instagram and snapchat.


She also has a major issue with understanding what it means to live within her means. Shes the type that is going to be spending half her income on Starbucks and going out if I dont teach her some financial responsibilty.
This post was edited on 8/12/19 at 3:01 pm
Posted by Huey Lewis
BR
Member since Oct 2013
4748 posts
Posted on 8/12/19 at 2:57 pm to
quote:

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.


Hate to be the bearer of bad news but your little princess isn't studying with all her free time away from the burdens of work.
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