<p>We purchased a 2011 Toyota Corrolla for our soon to be 16yr old, it is a great car that will last her 10yrs or so. Our concerns were safety and economic to own. I am not sure why so many believe getting an older car is better but we felt that we wanted her to be in a car that will last and did not want to have to worry when she leaves for College in a year. As far as insurance, we would have carried full coverage regardless of the car and honestly the difference in buying a car 5-7yrs old vs. the 2011 corolla was very little.</p>