When Should My Teen Get A Car?

This depends on the teen and how much insurance you have.

Here is why: Even if they buy their own car and buy their own insurance in their own name they still may be minors. And as such you as their parent and legal guardian are responsible for any death and destruction they cause.

So if one sunny afternoon they go out in "their" car and pick up 3 of their friends who all happen to be children of lawyers and then smash into the back of a truck causing all involved to be badly injured and require 24 hr medical care for the rest of their lives it is you who are responsible.

You could lose any money you have and your house too.

Maybe I should rephrase your question: "Are you ready for your teen to get a car?"

When he or she can pay for it themselves