I just have to add my agreement with the sentiment here!
I have two kids now 22 and 18 I did not even think about buying them high powered cars here is what I did:
My son’s first car was a Dodge Dakota Truck (he wanted a truck!). It came with a 4 banger and the only significant add on was air conditioning & ABS brakes. He drove it around for 2 years without any major mishaps (a few scraps here and there) and in doing so he learned how to control a car and anticipate what his car and what others do.
My daughter (now 18) was given a Chevy Malibu Classic, in the last two years she got into one fender bender (a 2 kid car accident - they were both doing something wrong!) at low speed and one parking lot scrape. She now says quite openly that she was a terrible driver when she first got her license, she is much improved now.
Both cars were about 2 years old when purchased, they were/are safe and reliable and do not have the power to get them to 100mph very quickly (if at all!).
Both of my kids attended the street survival driving course (a must!) and drive pretty well now (my son AutoXs his VW GTI!).
So my guidance for kids cars is that they be Safe, Boring and reliable! – Keep your kids safe!
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2008 Carrera S Cabriolet, Meteor Grey Metallic, Stainless Steel Exhaust Pipes, Heated Front Seats, Navigation, Floor Mats – I know the Porsche ones suck but they came with the car, Park Assist, Power Seats, Self Dimming Mirrors, 19 inch Sport Design Wheels – Classic Car and Classic Wheels, Bose, Sports Chrono Plus. Mods so Far: XPEL Clear Bra, Smart Top, Dension iPod Integration, Clear Side Markers
2001 MB CLK320 with a collection of performance mods.
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