Tuesday, February 5, 2008

Teenagers And Driving - Who Should Pay For The Cost Of A Car For Your Teen?

By Connie Ragen Green

When your teenager begins driving, you may decide that it would be a good idea for them to have their own car. But first you must consider the cost of purchasing a car, and see if it fits into your budget.

You may have already discussed this issue as a family. Perhaps you have been planning for this day for several years and it is now time to make the purchase. Many people do not give this matter any thought at all until the time comes to decide what they should do.

Sit down with your teenager and have a frank discussion. Talk about the pros and cons of purchasing a car for them to drive. Get input from your teen and anyone else who is a decision maker in your family. If your teen has a job, they should have been putting money away to help with this expense. You may want to match them by paying for half of the cost of the car. There is also the matter of costs associated with owning a car. You must decide who will pay for gasoline, insurance and maintenance for the car. Then there is the issue of deicing what kind of car to buy. Your teen may have their eye on a very different make and model than you do.

Spend some time looking for a car together as a family once you have made the decision to actually buy one. Your teenager will want to have an active role in all of this, and will most likely be able to give you information about various types of cars. Make choosing the car a family event and you will have a better experience and enjoyable memories for years to come.

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