Mitt Romney's net worth: $200 million. Barack Obama's response to Romney's claim that the president's "out of touch" with the concerns of ordinary Americans: Priceless. "I bought my first car for about $900," said Obama. "It had a big hole in the floor that allowed you to see the road, so I knew my wife wasn't marrying me for my money."
Buying your teen a first car is fraught with
emotions, and even more laden with financial implications: Used or new? Who pays for what? How much input does the new driver get in the purchase decision? How can you get the best deal on insurance? We surveyed the experts to get those answers and more.