Mar 1, 2023
Hey there, fellow parents of new teen drivers! We know we all want our kids to be independent and enjoy the freedom that comes with having their own car. But let’s face it, owning a car can be expensive, and the costs can add up quickly.
Our COO, Scott Kunes, recently spilled the beans on extra costs associated with buying a car for your teen. In an interview with GoBankingRates, Scott revealed that state safety inspections are one of the sneaky costs that catch parents off guard. Depending on where you live, the price of these inspections can really vary. So, do your homework to avoid getting ripped off by these unexpected expenses.
And let’s not forget about the importance of keeping the car clean! As Scott pointed out, spilled food or drinks inside the car can lead to costly detailing and upholstery cleaning fees. So, remind your teen driver to be mindful of their snacking habits while behind the wheel.
To avoid unexpected car-related expenses, Scott recommends setting aside an emergency fund specifically for your teen’s vehicle. This can help cover the costs of routine maintenance, repairs, and unexpected incidents, so your teen can enjoy the freedom of having their own car without breaking the bank.
As parents, we want to support our teen drivers in any way we can. By planning ahead and being mindful of the hidden costs of car ownership, we can help our kids enjoy the independence and responsibility that comes with having their own vehicle.
To read the full article, click here.
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