How Much Should Your First Car Cost?
Your First Car Should Cost $1000-$3000. You Should Drive the Car Like You Stole It Until You Crash It. Then You Can Either Repeat, or Step up to a Nicer Car...
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Herein, how much should I spend on a car for my teenager?
And for low-budget cars, such as those in the $5,000 range or less, plan to spend $1,500 to $2,000 on maintenance right away to make sure the brakes, tires and other features are safe for your teen.
Also Know, how much should a first car cost UK? New drivers spend an average of £4,276 buying their first car but those from the North West and London splash out more than £5,000 on their first set of wheels. The average amount of money spent on buying a new driver's first car is now £4,276, an increase of 42% on the 2017 figure of £3,005.
Simply so, what should I buy for my first car?
After checking out our best first cars below, make sure to read our best reliable small cars and best insurance group 1 cars articles, too.
- Volkswagen up!
- Ford Fiesta hatchback.
- Peugeot 208 hatchback.
- Kia Picanto hatchback.
- Volkswagen Polo hatchback.
- Hyundai i10 hatchback.
- Renault Clio hatchback.
- Peugeot 108 hatchback.
When should a teenager buy a car?
You'll be the legal owner until they are old enough to own a vehicle—18, in most states—and you can transfer the title. If you need to get a loan for the car, and your teen is under 18, you'll be legally responsible for the payments, since a minor can't sign a binding contract.