Pros and Cons of Permitting Teenager Car Title Ownership
Buying a car for your teenager can be tricky and expensive. Some states will allow a person as young as sixteen to own a car but most states require that the car must have liability insurance in their name before a title or tags can be issued. The majority of insurance companies hesitate to insure a teenager even under the parents insurance but the ones willing to let a teenager insure themselves is seldom and far between.
This is not to state that all teenagers are not safe drivers or they can not be legally responsible enough to buy, insure and own their own car.I found some more information here. Girls are often considered to be safer drivers than boys but again this is not always true. Some teenagers take very well to responsibility if they are taught by their parents to be that way. Peer pressure can lead to a good kid to try something stupid, especially with something as powerful as a vehicle. It is up to the parents and the teenager to discuss this so the teenager can avoid that possibility.
It would be advantageous to the parents if a teenager can own their car as it will keep their own insurance rates down. The surest bet is to buy your teenager or persuade them to buy a safe, economic car and to focus on their driving performance so that even if they can own their own vehicle and insure it under their name that they will be able to keep modest insurance rates. There are great reviews on the internet that will advise both the teenager and the parents of the best value and safety of any number of cars, plus insurance company rates that are lower because of the safety of the vehicle.
It can be a happy solution for everyone concerned.