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I'm curious what job a 15 yr old has that allows them to pay for a driveable vehicle, insurance and fuel at 16.
(My youngest is 40 so I've been out of the kid job loop for a while)
I'm curious what job a 15 yr old has that allows them to pay for a driveable vehicle, insurance and fuel at 16.
(My youngest is 40 so I've been out of the kid job loop for a while)
He said he is keeping that truck and the way he figures it if he has to replace engine or tranny its still cheaper than a new pick up payment.
Summer job yes. $1.65/hr Min wage was $1.50 so I was flush with cash. My car cost $615 and fuel was under $0.20 gal.Did you never have a summer job, or something after school? Never run an animal through the fair?
You can get a driveable rig for 5k. It wont be fancy but who cares? Cheap liablility insurance. That'll get the kid rolling.
Summer job yes. $1.65/hr Min wage was $1.50 so I was flush with cash. My car cost $615 and fuel was under $0.20 gal.
All of my kids worked when they could but the cost of a "cheap" vehicle and insurance has risen much faster than child labor wages.
Not every kid has the opportunity to even get to a job before they can drive or be a lawn mowing Warren Buffet at 12. I actually dragged a lawnmower behind my bike one summer but it does limit your prospective job area.
My point was a beater vehicle, insurance and fuel will start at around $7k. That's a nice summer job for a 15 yo.