When Should a Teen Own Their First Car?

When your child’s old enough to drive, they’re going to start bugging you about getting their own car. As a parent, you have to decide what’s best for your child — and that means you have to choose whether your child will get their own car at 16 years old or wait until later.

Should a teen own their first car immediately when they get their license at 16? Or is it better for them to wait a few years? Here are some factors to consider when making your decision.