<p>My cousin bought each of her girls a new car when they turned 16. I thought it was excessive, till I realized that both of the parents are in sales and have company cars, so the girls weren’t allowed to drive either of their parents’ cars. As long as they had to buy a car, they decided to buy a new one that would last the girls thru college and beyond. They bought the older one an SUV - because Dad wanted the family to have one (the two company cars were sedans). When she graduated from college she traded it in and got a sedan with better mileage. I decided the Dad had gone too far when he bought the younger one a Lexus sedan. Seriously, a Camry or Accord would have been more than enough. </p>
<p>Our neighbors just bought their older kid a new Camry when he got his license, but they made it clear it will be shared with the younger brother when he gets a car.</p>
<p>My kids are sharing my hand-me-down 10 year old Camry.</p>