What is the best first car for a teenage guy?
The best cars for teenage drivers
- Honda Civic (2012–2016) Best for resale value. Average price: $19,000 to $22,000.
- Toyota Camry (2012–2014) Best for reliability.
- Nissan Altima (2014 and newer) Best for safety.
- Mazda 3 (2012–2016) Best for tight budgets.
- Subaru Outback (2013–2016) Best for additional room.
How much should a 16 year old spend on their first car?
It’s generally suggested that parents cap their spending limit at around $10,000 for their teen’s first vehicle, and most stick to used ones. If you stick to this guideline, then the most you need to save is around $2,000.
Is it a good idea to buy a 16 year old a car?
A car can absolutely be a need, not a want,” says Ron Lieber, New York Times columnist and author of “The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money.” However, experts agree that a parent should not get a teenager a “dream car,” for both safety and financial reasons.
What is a good first car for a new driver?
Best Cars for Teens and New Drivers
- 2018 Mazda Mazda3.
- 2019 Hyundai Elantra.
- 2020 Toyota Corolla.
- 2017 Volkswagen Jetta.
- 2019 Toyota Corolla.
- 2018 Hyundai Elantra.
- 2017 Honda Accord.
What is a good price for a first car?
$5,000 to $10,000
Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford.
What is the best car for a high school student?
Top 7 Cars for High School Students
- Honda Accord. When it comes to popularity, reliability, fuel economy and safety, you can’t do much better than a Honda Accord.
- Nissan Sentra. Nissans also have an excellent reputation for durability and reliability.
- Ford Fusion.
- Hyundai Elantra.
- Ford Mustang.
- Kia Optima.
- Chevrolet Cruze.
How can I afford a car at 16?
As most teens lack credit histories, they can have trouble arranging financing. Your bank, credit union or even insurer may be able to provide a loan, but you’ll probably need someone, such as a parent, with an employment and credit history to cosign your loan. Even with financing, the biggest cost will be upfront.
What’s a good budget for a first car?
Do most parents buy their kid a car?
AutoTrader.com surveyed parents with children of driving age and found that while 14 percent said their parents had purchased their first car, 41 percent said they bought their child’s first car for them.
What is the safest car for a first time driver?
2017 Toyota RAV4. Earning the IIHS accolade of Top Safety Pick+, the 2017 Toyota RAV4 offers a range of advanced safety technology.
What is a good price for first car?
What is the safest car for a teenager to drive?
Is 10k too much for a first car?
If it fits your budget, a new car or used car with monthly payments you can afford on a car loan will likely get you in a better car. A car cheaper than $5,000 may be unreliable, while cars at more than $10,000 are usually too expensive for first-time buyers.
Is 20k too much for a first car?
Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford. Here are a few simple tips to help you calculate a figure that would work well for you: Don’t spend more than 15% of your gross pay or 20% of your take-home pay.
What is a good price for a car for a teenager?
Price Range
Probably the second most important factor to consider is your budget. Generally, people are looking to spend under $10,000 on first cars for teens. New cars can be pretty expensive, but for a teenager you don’t need to break the bank to get a good first car.
How many miles is too high for a used car?
What is considered high mileage on a car? Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.
What to do after buying first car?
Steps to Take After Buying a Car
- Insure the car.
- Register the car and transfer the title.
- Familiarize yourself with the owner’s manual.
- Take care of routine maintenance.
- Make necessary repairs.
- Get acquainted with the car’s features.
- Take it for a drive.
How much should a teenager pay for their first car?
Price Range. Probably the second most important factor to consider is your budget. Generally, people are looking to spend under $10,000 on first cars for teens. New cars can be pretty expensive, but for a teenager you don’t need to break the bank to get a good first car.
What age do most people buy their first car?
Respondents ranged in age from 18 to 77 with a mean of 39 and a standard deviation of 12.9. One percent of our respondents were younger than 20, 27% were in their 20s, 32% were in their 30s, 19% were in their 40s, and 21% were 50 or older.
What is the safest car for a 16 year old to drive?
10 of the Safest Cars for Teenagers to Drive
| Vehicle model | Safety features |
|---|---|
| Mazda CX-5 | Mazda CX-5 safety features |
| Subaru Impreza | Subaru Impreza safety features |
| Toyota Camry | Toyota Camry safety features |
| Kia Forte | Kia Forte safety features |
What is the safest car for a teenager in 2022?
Our recommended safest cars for teenage drivers are:
- Tesla Model 3 [2022]
- 2017 Toyota RAV4.
- 2013 or newer Subaru Outback,
- 2017 or newer Nissan Rogue, and.
- 2017 Honda CR-V.
- 2019 Mazda3.
- 2019 or newer Toyota Corolla Hatchback.
- 2018 Mazda CX-5.
How much should I save for my first used car?
If you plan on buying a regular car worth say $30,000, you’ll need to have at least $6,000 saved up. Most auto financing dealers allow you to deposit at least 20% of the car’s total price upfront and make monthly payments for the balance.
How can I save for a car at 16?
Bringing it home: How to save for a car as a teenager
- Set a savings Goal.
- Find a renewable source of income.
- Avoid needless spending.
- Find additional sources of income when possible.
- Buy your car.
How many miles is good for a first used car?
As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that’s 5 years old is 60,000.
How many miles can a car last before it breaks down?
200,000 miles
As a general rule, most vehicles begin to seriously degrade at around 150,000 miles. It is considered rare, and therefore outstanding longevity, if a car reaches 200,000 miles on the road. That said, there’s more to identifying good versus bad mileage on a used car than just the odometer reading.