Thread: Purchasing?
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      01-20-2013, 01:14 PM   #25
Private First Class
Alexnyc's Avatar

Drives: 2012 E92 M3
Join Date: Dec 2011
Location: New york

iTrader: (2)

If you were to put it under your parents name which is what I did at 17 but obviously with a different type of car. You will still need to go on the insurance just in case you have an accident. Most likely your insurance payment would be as close as you car payments. When I first started with my new car I was actually paying more for insurance then my car payment. Just consider your monthly budget and make sure it doesn't conflict with your personal daily spending. You don't want to just make money to pay a car you have to leave space to spend money on going out which is what most teens at your age do. Finally congrats if you get the car. At your age I was dreaming of having one but I was stuck with a dodge charge. Sucks I totaled the car in 7 months. reason why you should be on the insurance if getting it under your parents name.