How much do middle class families spend on their teenager's car?

Question

Just put a range on about how much you think they would spend.

Answer 1

I would personally say that parents will not put more then 500$ to help on your first car but it really depends how your parents are

Answer 2

My father offered to match any amount I brought to him.. I came up with 1,500 and he matched that amount.

I plan to do the same with my son. You dont want your kids driving a total piece of c**p but you dont want to hand them something they didnt earn either.  

Answer 3

Probably around 10K.. However, teenagers should not drive period.. 21 and over.

Answer 4

based on my own personal experience, both my parents each gave me $5000. so $10000. might seem like quite a bit, but i have to drive to college every morning and its quite a distance and they didnt want me driving some shitbox, nor did they want me to just "Get" a car. i needed to work for one. so i worked like a bugger to raise another 10k and bought myself a 2005 ford mustang GT.

Answer 5

in my case, absolutely none.

but i would put up around 3 grand for my kids car. no need to get them a nice one they will just s***w up anyway. first cars always get destroyed because they wont appreciate them. they didn't have to work for the money to buy it, you did.

Answer 6

8 percent of a mouth income - ins will bit you a lot - PL - PD ins

Answer 7

Not one damned penny. They can work and save for their first car like I did. My children are fully aware that if they want a car that they are on the hook for all the expense. I have seen what teenagers do to cars that they get for free. I know that my boys will protect their investments.