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Okay, it is time to get my 16-yo her own vehicle. I intend to get her an older vehicle (less than 10 yrs old), pay cash for it as I don't want payments for she or myself. How does everyone handle with kids what percentage you make them pay for etc? I want her to learn responsibility and appreciate the vehicle, just by my preference would prefer to pay in cash (less than $5000, hopefully). Do I make her responsible to pay her own insurance or half of it? By her own gas? or should I make her buy the car from me? Not sure what everyone else does so I would like some ideas as I said, I don't want to just give her everything in life. I want to make her earn it, take care of it, appreciate it, and be responsible, but don't want to go overboard either. She is in 10th grade, A/B student (Currently 11th place in class and working towards bumping up to be in top ten by the time she graduates). She is very well behaved, never a troubled child. She does have a lot of activities that would prevent her from making much of any income with an after school job. She is varsity cheerleader (off season just now, but will practice all summer), plays tennis, basketball/baseball manager, takes tumbling classes 1 night a week. So she is very busy in a good way. She would also be driving siblings to school for me and running errands occasionally. Anyone care to share what you do/have done or have any ideas/suggestions? |
