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Old 12-08-2016, 09:57 AM
 
7,736 posts, read 4,984,285 times
Reputation: 7963

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Quote:
Originally Posted by Miatakid View Post
Not according to my friends, or any kid I see driving in and around LA with expensive cars.
Back when I was 16 in 2003 , I drove a 87 chevy Cavalier with rust all over it. Leaking water, and no gas cover. The muffler was also broke. I bought it myself and drove it through high school. So no you are not.

 
Old 12-08-2016, 10:16 AM
 
Location: The New England part of Ohio
24,095 posts, read 32,437,200 times
Reputation: 68268
Quote:
Originally Posted by Miatakid View Post
Not according to my friends, or any kid I see driving in and around LA with expensive cars.

No you are not. My kids now 22 and 20 - bought their own cars. We come from a comfortable suburb of NYC and about 50% of the kids had parents who did buy cars and 50% didn't.

I am sure it's not "everyone". But it may look that way. They saved money and bought their own cars at around 18.

We are helping them with college.
 
Old 12-08-2016, 11:32 AM
 
3,493 posts, read 3,199,687 times
Reputation: 6523
I had to buy my own car, which took me until age 21 to do. I worked all school year and all summer from 16 on. It took that long to get enough bucks together ($1.25/hr in those days). My parents didn't chip in a dime. But my two older brothers got cars, bought by them. I never could figure that out. And yes, 45 years later I do know the value of a buck - no matter how many bucks I have.
 
Old 12-08-2016, 12:16 PM
 
Location: 98166
737 posts, read 1,461,714 times
Reputation: 682
Bought my first car in 1996 when I was 16. I used some money I saved from working at a grocery store and took out a small personal loan to cover the rest. Payed it off in time. One of the best life lessons my parents ever gave me.
 
Old 12-08-2016, 01:50 PM
 
Location: San Diego
230 posts, read 173,130 times
Reputation: 329
I think what my dad was fair. He paid half and I had to earn the rest myself. Also teenagers with expensive cars tend to wreck and/or get into terrible accidents, especially when it's just given to them. This carefree attitude puts all drivers at risk while these young, inexperienced drivers are on the road.
 
Old 12-08-2016, 01:54 PM
 
Location: Huntsville
6,009 posts, read 6,658,856 times
Reputation: 7042
Quote:
Originally Posted by Miatakid View Post
Not according to my friends, or any kid I see driving in and around LA with expensive cars.


No. I bought my first car at 15. I've owned over 40 by age 34 and have paid for every last one of them. It teaches you the value of a dollar and responsibility. Be thankful that your parents are teaching you this. Many no longer do.


My son already knows that he has to buy his own car when he turns 16. However as an incentive to do good in school, I told him if he stays on the honor roll until he is 16 (he's 10) I will match him dollar for dollar and help him. If he doesn't, he's on his own. He can earn my part in the car or he can earn the money to buy the whole thing. His choice.
 
Old 12-08-2016, 02:18 PM
 
23,688 posts, read 9,367,193 times
Reputation: 8652
Quote:
Originally Posted by Miatakid View Post
Not according to my friends, or any kid I see driving in and around LA with expensive cars.
Plenty of kids have to buy their own automobile.
 
Old 12-08-2016, 02:55 PM
 
Location: Eugene, Oregon
11,120 posts, read 5,582,785 times
Reputation: 16596
My parents wouldn't allow me to drive, except for a truck, hauling hay and grain off-road on our farm. I first got a license in the Army and bought my first car, a '46 Chrysler limousine, for $75., when I was age 22.
 
Old 12-08-2016, 05:38 PM
 
1,009 posts, read 1,570,569 times
Reputation: 2092
My dad bought me my first crap car, and my second crap car, and half of my third crap car, and he also paid the insurance.
Consequently, I never learned much about all that stuff until I was well into my 20s.
If you buy your own car, you'll be much better off. You'll get what you want, and have the satisfaction of knowing you earned it.
 
Old 12-08-2016, 06:01 PM
 
3,239 posts, read 3,537,796 times
Reputation: 3581
Quote:
Originally Posted by Peregrine View Post
My mom offered to give me her Dodge Aries K car (a nice Reliant automobile) for free. I declined and worked a job after school to save up enough money to buy a $1,200 Firebird @ 18.
Yea... I still don't regret that.

PS:


Good kid. I can't believe some people jumped on him when he said nowhere in the OP he expected mom and dad to buy it.
Repped you for the bare naked ladies reference.
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