WebApr 13, 2024 · How much is car insurance for an 18-year-old? The typical 18-year-old driver's insurance rate for car insurance is $356 per month — equating to $2,136 per six-month policy. Affordable car insurance can be difficult to find as an 18-year-old young driver. Even though many 18-year-olds are leaving high school and entering the real … WebBuy a car in cash. Generally it’s a hoop-de. Don’t put extra money in it besides the purchase price. Decide on the car you want and start “paying” the car payment into an account. You’re still driving the hoop-de. Once your car payment fund has enough money, sell the hoop-de and roll into a nicer car. You own the nicer car free and clear.
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