I just finished reading an article in Financial Advisor magazine about the top cars for teenage drivers for parents worried about their child's safety (which likely includes every parent).
While some parents can afford to buy their teenager a brand new car, a national phone survey conducted for the Insurance Institute for Highway Safety found that 83% of parents bought their teenager a used, rather than new, car. Unfortunately, older cars can be associated with higher accident rates. Here are a few tips that were highlighted in the article:
- Young drivers should stay away from high horsepower cars.
- Bigger, heavier vehicles provide better protection in a crash.
- Electronic stability is a must.
- Vehicles should have the best safety ratings possible.
Here are the recommended used, mid-sized vehicles for teens priced under $10,000:
- Saab 9-3, 2005 and later
- Volkswagen Passat, 2006 – 2008
- Audi A4, 2005 – 2008
- Volvo S60, 2007 – 2009
- Suzuki Kizashi, 2010 and later
- Mercedes Benz C Class Sedan, 2005 – 2008
- Audi A3, 2006 – 2007
- Volvo S40, 2007 and later
- Acura TL, 2004 and later
- Saturn Aura, 2009
- Mazda 6, 2009 and later
- BMW 3-Series Sedan, 2006 and later
- Subaru Legacy, 2009