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What are the essential things to consider when buying my teenager's first car?

Teenage drivers are three times more likely to be involved in a fatal accident than drivers aged 20 or older.

The Insurance Institute for Highway Safety (IIHS) recommends that parents consider purchasing vehicles with electronic stability control (ESC) for their teenagers.

The IIHS also advises against buying high-horsepower vehicles for young drivers, as they may be tempted to exceed speed limits.

A study by the AAA Foundation for Traffic Safety found that 16-year-old drivers are more likely to be involved in a crash during the first month of driving than at any other time.

The size of the car can impact safety: larger, heavier vehicles are generally safer than smaller, lighter ones.

According to Consumer Reports, the most reliable used cars for teens are typically those that are two to five years old, as they have already experienced most of their depreciation.

Consumer Reports also recommends avoiding vehicles with known safety defects or poor crash-test ratings.

The cost of insurance can vary widely depending on the make and model of the car, as well as the driver's age, gender, and driving record.

Installing a telematics device, which monitors a driver's habits, can help lower insurance premiums for young drivers.

Some insurance companies offer discounts for safety features such as automatic emergency braking, lane departure warnings, and blind-spot detection.

It's important to consider the total cost of ownership, including fuel, maintenance, and repairs, when buying a car for a teenager.

Many manufacturers offer certified pre-owned (CPO) vehicles, which have been inspected and refurbished, and often come with warranties and roadside assistance.

Buying a car with a manual transmission can help new drivers learn better control and reduce distractions from using both feet.

The National Highway Traffic Safety Administration (NHTSA) provides a 5-Star Safety Ratings system to help consumers compare vehicles based on safety.

Installing a remote starter can help warm up or cool down the car before the teenager starts driving, which can be a safety feature in extreme temperatures.

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