
Handing over your car keys to your teenager is a big moment. It feels like a rite of passage for both of you. But before you let your teen drive your car, it’s important to know what you’re really signing up for. The costs go far beyond gas money and the occasional fast-food run. If you’re not careful, letting your teen drive your car can hit your wallet in ways you might not expect. Here’s what you need to know about the real cost of letting your teen drive your car.