Should Your Teen’s First Car be New or Used?

teen's first car: old or new

You hear the door to your room swing open and find a wide-eyed sixteen-year-old rushing toward your bed, at five in the morning. Yes, it is your teen’s sixteenth birthday, and yes, he or she wants to go to the DMV right now to pick up the driver’s permit. After all the hoops to jump through and insurance costs, the most expensive cost comes to the table: the teen’s first car.

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