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Insurance Institute's recommended used cars for teens

Insurance Institute's recommended used cars for teens

The Insurance Institute for Highway Safety released its first list of recommended used vehicles for teens Wednesday after finding in a survey of 500 parents that 83% bought a used, rather than new, car for their teen to drive.

The institute reviewed crash ratings and safety features -- such as electronic stability control systems -- for used cars and then obtained price data from Kelley Blue Book to build its list.

The insurance group found that, on average, parents spend about $9,800 on a car for a teen. But the median point of car purchases for teens is far lower, at just $5,300.

Prices on the “best choices” list start at $7,300, while the least expensive...