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One of the first discussions to have when considering a first car is determining who will cover the costs. While parents often contribute significantly, even footing the bill entirely, this doesn't necessarily mean they should also take on ongoing ownership expenses. Encouraging young drivers to share in these costs, such as gas, insurance, and maintenance, teaches them early financial responsibility. If your teenager has saved enough money to contribute towards the purchase, it's wise to consider splitting the ownership expenses, such as alternating costs for routine maintenance or even major repairs.
Motorvero
November 09, 2024
When shopping for a new car, most people focus on the big-ticket factors: price, financing terms, and monthly payments. But many car dealerships have a few extra perks up their sleeves that can make a deal even sweeter. From complimentary maintenance services to convenience features, knowing what to ask for could mean getting more value out of your car purchase.
Motorvero
November 01, 2024