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Passing on a Used Car to Your Teenager

If you have a teen driver in your family, you may want to do something to help your teen get out on the road. If you want to be sure that your teen has a way to get to and from school, then you may want to consider passing on one of your family cars that's in good used-car shape to your teen. This can be a great way to get your teen on the road and save you the expense of having to purchase a new vehicle.

A lot of teens are going to want to drive as soon as they get their licenses. Sometimes, this may not be possible due to your family's financial situation. However, if you have a family car that you don't need to use or you are thinking about purchasing a new car for yourself, then you should consider passing your old car onto your teen. It will be a nice way for your teen to get the chance to show how responsible he or she actually is and you won't have to worry about taking your teen everywhere.

Tips for Passing It On

If you have decided that you are going to pass on your used car to your teenager, then you'll want to do a couple of things first. For starters, you may want to sit your teen down and have a conversion about what you are offering. If you want to make sure that your teen stays safe on the road, then you may want to set some ground rules for how the vehicle will be used. You may want to set some driving restrictions or give your teen some other rules about what kind of passengers are allowed in the vehicle.

Another thing that you are going to want to do before you pass on your vehicle to your teenager is make sure that it is in good working order. If the car that you are passing on is a bit older, you're going to want to get it checked out and make sure that there is nothing wrong with it. You don't want to put your teen's safety in jeopardy, so you need to make sure that the vehicle you are passing on is as safe as it possibly can be.

Teens and Insurance Issues

One of the things that you will want to look out for when your teen gets a car is insurance rates. Oftentimes, teens are charged some of the highest rates for car insurance. This is usually due to the fact that teens are in an age group that is responsible for a lot of accidents. Most insurance companies are going to look at these statistics when they are trying to decide on premiums for your teenager. Although your teen may actually be safe, there is no way for the provider to really know this and your teen might have to pay high rates.

One thing that you can do in order to help with this is to make sure that the car you are passing down to your teen has good safety features. Providers are going to offer lower rates on vehicles that have the best safety features possible. If you have a reliable automobile that does not go fast, then your teen's rates could end up being much lower. Just keep these things in mind when you are passing on a used car to your teenager. If you are helping with the insurance costs, you're going to want to keep them low.

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