Did your parent(s) help you financially when purchasing your first car/vehicle?

Did your parent(s) help you financially when purchasing your first car/vehicle?

  • yes

  • no

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Lovely2CU

DIS Veteran
Joined
Jan 10, 2003
Messages
1,001
I know it seems to be a pretty standard practice nowadays to have your parents help out, or they buy a car for their child, but I just saved up and bought my own. Felt pretty good, even if it wasn't brand new! My parents would of helped out I'm sure, depending on their financial means at the time.
 
No. I didn't own a car until I was married. :) At that point, it was up to me and my DH. :laughing:
 
My parents got me a pile of junk, It really made me work hard to get something nice and out of that car
 
My parents bought me a car when I went to college. I bought my next car after I graduated and had my first 'real' job.
 

I got hand-me-down cars (from my dad, who--yay--likes to buy new cars every few years, so they were never old) until my most recent car. My dad actually bought that one with cash and then I paid him so I wouldn't have big car payments hanging over my head with a lender who wasn't forgiving (I was unemployed and my old car was starting to suffer significant engine problems and needed to be replaced).
 
My dad co-signed on my first car loan so I would have a lower interest payment, but he didn't give me any money.

My parents did let me use cars that they owned during college and grad school. They were older cars that my dad bought at auction as the family's third vehicle. I can guantee that no 22 year old wants to be driving a 1992 Oldsmobile 98. Beggers can't be choosers, so I never complained. I was just happy to have a "free" (expcet for gas and oil changes) car to drive.
 
My parent's helped with the downpayment. Then I made payments on it out of my paycheck during my junior and senior years of High school. Then for graduation, they paid it off.
 
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I voted Other. When I was in high school my parents bought a 3rd car (nothing spectacular, a '94 Ford Escort) that was pretty much used exclusively by myself and brother. When I went to college I took that car with. They allowed me to drive it for 1 1/2 years after college while I saved up money to buy my own car at which point I gave that car back to them. I am 29 and my dad still has that car and drives it. He likes having a "beater" car and drives it to work mainly even though it is falling apart :lmao:
 
My grandpa bought me my first car. He purchased it from a little old lady he volunteered with, and paid her asking price of $200.

It was a '72 Chevy Impala and it was HUGE and UGLY. It was a nasty grey color and I could have parked most of my friends' cars inside my trunk. :laughing: It got about 2 miles to the gallon. :eek:

On the up side though, it ran very well. Said little old lady had taken very good care of the maintenance of it. It also had a large and comfy back seat. ;)

My mom paid my insurance, but I was responsible for gas and maintenance.
 
Little different answer from a parent view.Yes we bought a car for our son. Better spend a few dollars then let my kid drive an unsafe cheap pile of junk.
 
My husband bought me my first car at 17. Was a cheap used one.

Our oldest is now 17 and we are not buying him a car. He also doesnt have his license yet. HE needs ot get out there and get a job to pay for it.
 
I paid around $500 for my first car. My first vehicle that was not a piece of junk, my grandfather co-signed for me but I paid for it.
 
Yes, in the form of a low interest loan. I was in college, and they lent me the money for a used car, and I made monthly payments.
 
My parents offered $3,000-$5,000 for a car for high school graduation for my brother and I. My brother had received a mid 80's model Toyota pick up that I really liked (he graduated in '97, I graduated in '00). So when my time to get a car came around I asked him if I could have his pick up and he could have the money to buy whatever he wanted (a used Honda Accord). I loved that little truck and still wish I had it (especially the not having a car payment part). But from 16-18 we had to get rides with friends or borrow our parents' cars.

I went to a very wealthy high school. I would say 70% of the kids I went to school with had their parents buy them BMW's/Mercedes when they turned 16. I was jealous at the time but I'm glad I had to wait to get a (used)car. I cherished it like it was brand new and washed/waxed it every weekend.
 
I bought my own car, but my parents put me on their insurance and didn't charge me for it.
 
Bought my first car in 1975....64 Galaxie 500, black with red leather interior, power breaks, steering............it was a beauty :lovestruc
 
Sort of. My mom sold me her heap of junk at Blue Book Value (I was too young to know better) and either didn't charge me interest or charged a very low rate. I think she forgave my last couple of payments too.

If I had known then what I know now, I never would have bought it. It really was a terrible car and I paid way too much.

When that car died, she co-signed my first car loan, which was very nice of her. After that I took care of things myself.
 
My parents matched whatever my brother and I saved towards our first car.
 
i'm an only child.

i was bought a 1980 Buick Regal for my first car. that was in 1986.
then i was bought a 1985 Camaro Z-28 in 1987, and even had the big hair to go with it.
for graduation, i was given a brand new nissan 240sx. that was in 1989.

blame the spoiler, not the spoilee.. i always say.

that being said, i'll probably help my daughter buy her first.
 
My parents bought me my first car. It was techincally a used car, but it was the one they let people test drive so it only had 9 miles on it. I was so grateful and I absolutely love it. I still have it as I'm only 18, so I got it in June 2008. It's a 2008 black Hyundai Santa Fe.
 














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