I am a divorced (7 years) father of three children, ages 15m, 13m, 9f. I am remarried now for almost 5 years. Children's mother has been remarried for 5 years. Our 15 year old is about to get his provisional drivers license at the end of December. He'll need a car to take himself to school and help taxi the other kids to/from school and sports. I pay monthly Child Support. His mother and stepfather now want to buy a car for him. She wants to "work something out" with the cost of the car, insurance and maintenance. What do most people do in this situation with regards to the finances of a vehicle for a teenager?
2006-11-06
06:07:51
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7 answers
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asked by
sargeslope
2
in
Family & Relationships
➔ Marriage & Divorce
Just to add some details. This kid definitely deserves it. He's a Sophomore and carries a 3.6 GPA, plays on the Junior Varsity football team in Fall and Golf Team in Spring. He's a very responsible teen, holding a summer job at an insurance company and works odd jobs for elderly neighbors and his grandfather on the weekends. It's not a matter of deserving. The question is really about the financing. If his mom wants to purchase the car, hold the title and ownership, then what do most people do in that situation? Seems to me that one side would benefit from ownership while the other simply writes a check. And if there is an agreement, do people modify the Child Support calculation/paperwork?
2006-11-06
06:56:22 ·
update #1