Help Your Teen Driver Choose the Right Car
Parents can help teens get a good buy on their first vehicle by focusing on safety, affordability,
Start early Start by helping teens understand the responsibilities tied to owning and operating a
vehicle. Roughly six months to a year before the teen gets a license, begin sharing the cost of
gasoline, insurance, and repairs. Set clear rules for teen drivers. Ask the teen to help care for
the family vehicle.
Create an agreement When you’re ready to buy, set clear guidelines by creating a written
agreement that covers:
• Who pays for specific types of expenses, such as loan payments, insurance or repairs.
• Rules for vehicle usage.
• How the teen’s behavior affects driving privileges.
• What the consequences will be if the teen fails to live up to the agreement.
• Insist that teens shop for vehicles with at least three safety features:
• Air bags, including side impact air bags, which can reduce injuries in a crash.
• Antilock braking systems, which can provide directional control in emergency braking.
• Electronic stability control (ESC), which can help reduce rollover accidents.
Safety experts say teen drivers’ best option is typically a used sedan with a four-cylinder engine.
Shop together Shop with your teens to teach them about dealer practices and negotiating a good deal. Issues
to consider include:
• Is the dealer reliable? Check for complaints with the state attorney general’s office or
Better Business Bureau.
• Is the vehicle in good shape? Have a mechanic inspect used vehicles. Another option is
choosing used cars “certified” as meeting manufacturer standards.
• What is the bottom line? Add sales tax, title fees, and license fees to the sticker price.
Take your time Both teens and parents can benefit from taking their time in making a first vehicle purchase.
Remember, the longer the teen drives the family vehicle, the more time you’ll have to reinforce
expectations for good driving behaviors. In the end, that can save lives as well as money.
When the time comes to purchase that first vehicle, talk to us at West Financial about your
teen’s financing options. We want help.
Copyright 2014 Credit Union National Association Inc. Information subject to change without
notice. For use with members of a single credit union. All other rights reserved.