Should I ask for this car for graduation?
I don't ask for much. I bought my iPod Touch myself back in 8th grade, and my iPhone last year, my junior year. I wouldn't say I'm spoiled, but I'm very blessed. I still have my father's parents, and they're absolutely wonderful. Everyone treats me really well.
My grandma took me to look at used cars the other day (Certified Pre-Owned). There was a really nice 2010 Jetta S there. I drove it around the parking lot, and it's really a great car, I love how it drives and everything. I mentioned that my parents probably wouldn't want me to get it, and she suggested that she and my grandpa could probably help me out with it. It's $13, 440. I know--that's expensive. But I have a job, I would pay for gas, and I'm going to service it regularly so It'll last a long time.
I told her I would feel bad if i asked for such an expensive car if i couldn't pay for it myself, and she said, "Everyone needs help when they are first getting started. I guess your parents need to be reminded of that." So I think she really wants to help me.
Here's the car info:
-Certified Pre-Owned Volkswagen Jetta S.
-$13, 440 (about 1, 000 less than the Kelley Blue Book value for the car).
-It is 3 years old with about 31, 200 miles on it.
-The Carfax statement says there's been no structural damage to the car and there's also been no record of any accidents that the car's been in.
-Just looking around at the car, it looks like it's in excellent condition.
I need a car before I get my job back next month. I don't have my license yet but I just have to do behind the wheel and then I can get it after that. So what are your opinions? What should I do? I know I'm 17 but I'm pretty responsible. You may think this car is expensive but the people at my school get brand-new BMWs and Mustangs and such for their first cars.
It does not matter what other kids parents can afford to buy. Can you afford the car?
It is more than just the cost of gas to own a car. Budget about $10-20 day for car costs this is parking, insurance, tires, oil… And gas is extra.
The price is reasonable only YOU know your budget. Sorry parents in these economic times are not endless cash machines. You are fortunate to have Grandparents that want to help.
What are your reasonable budgets for expenses and income the next few years. Going to University Moving away from home and so on. It is a big decision do not decide by what someone in the next class drives. In a few months you will not be in the school parking lot.
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