I was just talking to a young lady who is in the market for her first car. She was feeling pretty frustrated. She said her parents have made it clear that financially she is on her own. They are paying for her college education, keeping a roof over her head, clothes on her back, and feeding her. If rides from mom and dad are no longer sufficient, she needs to provide her own alternative.
I actually applaud the parents on that stand. They are providing the necessities. Acquiring her own luxuries should be up to the daughter, however, the parents also aren’t providing her with any guidance.
While I do agree that experience is the best teacher, for optimal educational results it is always best to have a facilitator. That’s why I directed the girl to take her potential car purchase to the mechanic her dad trusts and ask him to check it out before she buys it. I also turned her on to a great place to compare, contrast, and purchase auto insurance coverage.
The end result of this is that the young lady decided she needed to save a bit more money in order to by a better quality car. She was also quite startled to discover how high insurance costs are for brand new drivers — even college honor students. She thinks she’ll be getting a summer job and walking to work everyday so that by the time the weather turns cold she’ll be able to afford a car and insurance coverage.