A family friend is 16. He decided he wants to LEASE a brand new Dodge Ram. With 0 cash down, it will be approx. 1146 a month for 48 months. I am pretty sure no dealership would let a 16 year old do that, but his Dad is leasing it for him. He doesn't want anyone driving his truck so he wont put the truck under his Dad's insurance. So I think he will be paying about 600-800 a month in Insurance (just my guess). Will he be paying higher or lower? Then when I try to explain to his family that he is a dumb ass and they are also dumb for letting him do this they look at me like I am high. This is a typical example of all those young people who want to have the nice cars when they are young. There's no way he can afford that while going to school.