My son is 15 so I am looking for a truck for him. I found a great deal on a 4 year old F150 xl with stx package with 81k miles. My wife thinks it’s too nice. She thinks he should have a less than $10k beater. That’s what she had as a first vehicle. And it was always broken down and her dad was having to work on it. I am not mechanically inclined so I or my son would be paying someone, and then we would be back to driving him to all his stuff. I would rather spend a little more and get something reliable that can get him though college and then it’s on him to replace it when he wants to. Lots of kids at his school are given brand fancy new trucks and cars so to me an 4 yo XL is not spoiling him. I’m curious what your thoughts are. If it matters I will be paying cash.
Do whatever fits the bill best for you and yours. I see alot of folks talking about cheaper stuff for insurance and the fact they'll beat it up etc, etc...all valid points but one man nice newer truck is another man's cheap beater...its all relative.
I totally understand the idea of not wanting a high mileage rig that's always needing work that you can't or don't want to do. Keep in mind, 80k miles is still plenty for issues to show up that are now out of warranty. I've rebuilt rear axles and other various repairs on f150s with under 100k on them many times...Its a used truck, it's still a gamble, just a fair bit less of one given that mileage.
If paying cash for that truck and the insurance for your new driver doesn't dent your wallet at all, go for it.
I'd still teach the lesson of financial responsibilities by making the kid chip in or make payments to you to reoay the "loan" and help with insurance...even if you just put it right back in their college/first home fund account...they don't need to know that.
Once again, your kid, do what you think teaches best and fits you situation best.
And for the record... a "less than $10k beater" is a telling statement of how ridiculous our world has gotten

...When I was 16 it was a under $1000 beater, and I drove, wrecked and abused a few before growing out if my dumb ass phase.
I dont care how well you think you know your kid...they are perfectly capable of making poor/bad decisions behind the wheel and statistically will likely trash the first vehicle...or one of their friends will.
I've got 3 years till I'm in that boat...best of luck