PARENT + TEEN OWNERSHIP PLAN

Put the expectations in writing.

Decide who handles each cost, choose the family rules, and create a shared plan for the responsibilities that come with the keys.

Saved on this deviceNo account needed.
STEP 1 OF 4People & costs

START TOGETHER

People, dates, and the money plan

Name the people in the agreement, then assign every recurring responsibility before the car arrives.

WHO HANDLES EACH COST?

Choose the primary responsibility. “Shared” can mean any split your family agrees on.
Purchase or down paymentMoney needed to obtain the vehicle.
InsurancePremiums and agreed coverage changes.
Fuel or chargingNormal day-to-day driving energy.
Routine maintenanceOil, tires, fluids, and scheduled service.
Repairs and deductibleUnexpected repairs and insurance deductibles.
Registration and feesRenewal, emissions, parking, and related fees.
Changes save automatically on this device.

This is a family planning tool, not legal advice or a binding contract. Adapt it to the driver’s age, license restrictions, household, insurer requirements, and applicable law.

MyFirstMilesParent–Teen Ownership & Driving Agreement

Cost responsibilities

All-in monthly limit: Not set · Teen monthly contribution: Not set

Driving rules

Weeknight return: Not set · Weekend return: Not set
Passenger plan: Not set

Car care & problem response

Review this agreement when the vehicle, costs, license status, household expectations, or driving circumstances change.