Quote:
Originally Posted by Brokinarrow
Not really feasible unless they have a job, and even then you'll probably spend more money on repairs than the car would would be worth. I had a '93 camaro V6 for my first ride, and I had to pay half (about 1300). And when I sold the car, the money went back to my parents (my choice actually). But you bet your @$$ that I got the keys taken away when my grades slipped. Being forced to ride the bus again was a POWERFUL motivator to keep my act together.
Anyway, bottom line is that as long as you're making sure your child understands that they have to WORK to get their vehicle, you're doin it right.
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Not feasible....I beg to differ. I bought my first car for $10,000 (used civic) my senior year of highschool after working 4 years at a pizza place doing dishes. Worked 25 hours a week, and still graduated with honors from High School. And, I didnt have any problems with that car all through college, no repairs at all. Then After college I sold that car for $7,200, and that went towards my camaro. Its completely feasible, if you work hard.