Don't get me started with cars...I'm 23, I've had 5 of them, though I can say I've paid for all of them, not my parents.
When I turned 16...'90 Nissan Hardbody Pickup, bought from Dad for $1200
WHen I turned 17....'97 Chevy S-10...parents paid $1000 in lue of me going on a senior trip, since they dished out $2300 for my sister to go on a senior trip. I traded in the Nissan for another $1000 and financed the other $6500 with my healthy $5.85/hr McDonald's manager wages
When I turned 20...I was working at a papermill through school making more money than I knew what to do with, but I was driving 120 miles a day to work...broke down, bought a new car, 2003 Nissan Frontier. It had 7 miles on it when I drove it off the lot.
Turned 22...moved back home from school because I was suicidal at the time, traded my dad my pickup for his old Taurus, positive equity in the Frontier was higher than the value of the Taurus, so I actually lost a bit on this deal...but he used the thing alot more often than I did, and he was going to trade his Taurus in for a pickup anyway.
4 months later, I traded in the Taurus for my Camaro. Paying on it right now. Hopefully I'll have it paid off in about a year which is 3 years early. It should last me a while, but it does need a brake job, and a new radiator. Knowing me though, I'll never be satisfied with one vehicle for too long of a time period.
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