Would you buy your kid a car?

@Erratic (723)
Australia
June 6, 2008 7:41am CST
My son has been driving for about 2 years now and he asked me to get him a car. As is my habit I immediately said no, but he knows to come back to me later when I have had a chance to think about. When I got my first car, I had to pay for it myself and my present thinking is that he should do so to. He told me that with the price of insuring it at his age that he can't afford to do both. The thing is he has a pretty good job and does not want to use finance which is not suprising as I have told him all his life that finance just makes others rich. What do you think I should do.
2 people like this
5 responses
@ebsharer (5515)
• United States
10 Jun 08
I won't buy my kids a car but what I will do is match them. If they have $1000.00 then I will give them $1000.00 so they will have 2000. Thats what my parents did with me and not only did it give them to option to take the car from me because I was late or whatever it gave me the respect to take care of it, because I helped pay for it. My parents helped me with the insurance paying 100 torward it each month I paid the rest. I don't remember how much that was.
1 person likes this
@Erratic (723)
• Australia
11 Jun 08
This sounds like a good idea. But I would not help with the insurance. If he can't afford at least one or the other he should perhaps consider going without until he can.
1 person likes this
@ebsharer (5515)
• United States
11 Jun 08
I think that is fair to say too. I didn't work a lot I worked for a family member that owned a business and didn't make a lot or have a lot of hours. So my parents were willing to help me. As they put it - it was easier for me to have my own car then to use theirs. Plus having me drive was nice for them believe me I got the crap end of the stick. I was always running errins for them, because of the insurance. They used it to their FULL advantage!
@lilybug (21107)
• United States
7 Jun 08
Well, it seems like he is trying to be responsible about it. I would suggest that he try to save up a little bit of money and then when he has some money saved you will help him with the purchase of a car.
1 person likes this
@agihcam (1914)
• Philippines
7 Jun 08
My older kids is only 8 and I don't have much ideas to suggest with.However,I can relate myself to your self.I have hard time saving money to have my first car,there are lots of attempt on and off until it is finally decided to bought a car.Since,your child have a good job,it is better for me that he bought his car on his own.Let him prove that he can make it ( that is me ).Thank you.
1 person likes this
• Philippines
6 Jun 08
In my opinion I suggest you buy him a car. Basically its a necessecity to have a car of his own for emergencies and far away trips. Having a car makes you more mature it will enhance his skills in mechanic and road dicipline. just tell him to handle the gas and maintenance etc...
1 person likes this
• India
11 Jun 08
buy him a car .your chilren's happiness is your happiness it will help him if there is any emergency ,your child is hardworking buy him a car he will continue to be like that in the future.