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08-29-2012, 01:32 PM | #89 | |
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I was a "good kid" from an affluent family..but we're old school and dont believe in rewarding kids for doing what every other kid in this world should automatically be doing ...going to school and getting good grades..its not a matter of hating on wealthy people or any of that..its a question of being responsible and promoting ambition in your children..any parent who would buy their children a high-end car like this is doing the opposite..Its not the kids fault its the parents |
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08-29-2012, 01:35 PM | #90 |
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Wow. The level of hate and jealousy in this thread is killing me. Let me start off by saying I'm 20. My parents are well off, but my first car was a base model Jetta. And honestly I'm glad, because I probably wouldn't have been able to handle an M3 at my age.
Yes, I was very mature, studious, and was NOT a risk taker at that age. But the fact that you've NEVER driven before in your LIFE, and then your parents give you a 400+hp car (RWD too, as if 400hp was bad enough by itself) means it'll be VERY easy for you to wrap yourself around a pole. I know you can wrap yourself around a pole in a Corolla, and I know that someone who is 45 can total their car by driving recklessly, regardless of them having a Ferrari or a Fiat. But its EASIER for someone with no experience at all to kill themselves/others in an M3 than a 100hp base Jetta. Regardless of how mature or careful you were at that age, you HAVE to admit that not many people who had never set foot in the drivers side of a car would be able to handle a 400hp M3 at 16. So I got a slow, safe Jetta. I think that hey, if the family has the money, there's no reason that they shouldn't get their kid a nice car. It is THEIR money. But they should get them a nice car they can actually handle, like a Jetta, Corolla, Focus, etc. And for all the people saying that kids these days don't know the value of money, well learning to appreciate the value of money is important, but you can (and should) teach it to your child much earlier than 16, and if you haven't taught your kid the value of money by 16, thats a pretty bad omen. Last edited by Majdnoon; 08-29-2012 at 04:09 PM.. |
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08-29-2012, 01:39 PM | #91 | |
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Every time my kid goes on a trip, I want him to be stuck on the side of the road fixing his car... I'm sure my kid will appreciate that!
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08-29-2012, 01:42 PM | #92 | |
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EDIT: Eh, I just realized that this might not be the smartest idea... haha. I think the reason why this worked so well for me was because I had my Base Jetta to fall back on when my E36 gave me problems. It'd suck to have to drive around in the E36 every day. So I guess That if you've got the money, hey why not get your kid a nice car, just one they can actually handle, like a Jetta, Corolla, Focus, etc. And then to get your kid to learn to work on cars, get yourself a cheap project car that you can beat up and restore, and use to teach your child how to work on a car haha Last edited by Majdnoon; 08-29-2012 at 01:55 PM.. |
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08-29-2012, 02:21 PM | #93 | |
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I have to disagree. My first car wasn't an M3 but my parents my bought me an FX35 at 18. It wasn't what I really wanted, but i was excited anyway. Sold it a year later and they helped me with my e46M3. Some kids do know the value of money, including myself. To say that just because a kid gets everything he wants and won't strive for the better things in life is ridiculous. You say this also leads to lack of ambition, so what would you say if I told you I sold my e46M3 to use it as a downpayment on real-estate? What then? |
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08-29-2012, 02:23 PM | #94 | |
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EDIT: I drove nothing but used beaters until I was 27 b/c I wanted to buy real estate before a car. At 25 I bought a condo almost free and clear..I wouldnt have been able to stay focused on that goal if my parents had distracted me with a shiny new car..who knowing me at that age..would have promptly wrapped around a pole.. |
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08-29-2012, 02:23 PM | #95 | |
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08-29-2012, 02:32 PM | #96 | |
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This is your opinion and your thinking. Maybe in your youth if you were given an M3 in life you would turn out to be a bum, depending on handouts. Lost your interest in getting a better life for yourself. I was given almost anything I wanted as a kid growing up. I knew what my parents could afford so I never asked too much. But not once I lost the thrive to do better in life, not once I said Im happy with handouts You tell me, whats wrong with buying my kid what he wants if I feel he deserves it. Dont just say its wrong, dont say he will kill himself, grow up as a bum. I didnt. Give a logic explanation. |
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08-29-2012, 02:34 PM | #97 |
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Let us look at this another way:
How is at all beneficial for a parent to give a child a car like an M3 at 16?
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08-29-2012, 02:34 PM | #98 | |
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08-29-2012, 02:38 PM | #99 | |
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It is no benefit for the child..it only placates the parents and makes "feel" like they are doing right in spoiling their kids..or maybe gives them bragging rights to other parents "Hey look what I bought my little Johnny..hehe".. In the end all it is...is a distraction for the kids and doesnt foster any positive re-inforcement or sense of doing for oneself |
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08-29-2012, 02:40 PM | #100 |
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Yes, but some of you guys are saying, parents are wrong for buying an expensive car. Im not saying your wrong for not doing it. I want to know why is it so wrong? Sure there are some that will grow up spoiled rotten, but for everyone of those there will be some that grows up rotten because he saw his parents with nice things and he couldnt have any. It really becomes on how you raised your kid. The relationship you build with your kid from day 1.
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08-29-2012, 02:46 PM | #101 |
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as a parent it's all about balance. Reward and incentives should always be part of parenting as it is part of real life. But one shouldn't take it too far. Here's my situation:
In college, the deal with my dad was that I pay all my quarterly tuition and books up front and keep the receipts. For each class that I recieved an A or A+, I get reimbursed 100%of books and tuition fees. For A-, I get my only tuition reimbursed. For anything else, nothing, out of my own pocket. It forced me to re-evaluate cost/benefit of working and going to school at the same time. Oh, I didn't get any spending cash, I had to work. Talk about an eye-opener writing $700 checks and charging $500 for books a quarter just for the RIGHT TO GO TO SCHOOL. Lucky for me, it was state-school and my tutition of half off due to scholarships. I ended 4 years of school with like $500 in my bank account. I started with about $1500. Needless to say, I have a M3 now, so I guess it all worked out in the end. I'm now on the same level as the kid in OP's story. I felt lucky that my parents gave me their old '94 tomato red Corolla for college. My friend, his mom got him a beater Ford Contour and he had to pay her back! Last edited by mdosu; 08-29-2012 at 02:53 PM.. |
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08-29-2012, 03:01 PM | #102 |
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I am divided on this debate.
- On one hand I am a strong believer in evolution, natural selection, Darwin awards, etc. - so I think all kids who grow up NOT knowing the real value of an earned dollar (regardless of family purchase power) should get M3s and should be allowed to race with no speed limit on any road from 3am to say 5am. Airstrips are open and free from dusk to dawn. - On the other hand, being >40 myself, I believe in funded retirement and who'd be better to fund it than these kids who will be at their peak when my retirement come? So no M3s for them. Prius to all of them. Decisions, decisions.... |
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08-29-2012, 03:19 PM | #103 | |
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08-29-2012, 03:20 PM | #104 | |
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Are you going to get all cranky and tell every 16yr old off that drives a $60K+ car? That's a lot of wasted energy on nothing. As long as you are doing the right thing for your kid, who cares what other parents do. |
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08-29-2012, 03:25 PM | #105 | |
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08-29-2012, 03:25 PM | #106 | |
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Btw My kid had already tried to drive the m3. He admits the car is still too big for him and wanted to stick to hondas for now. No he does not drive on the street. He sets up cones on our parking lot. I have a feeling when he gets behind the wheel of my m3 he will know better than to wrap it on anything. Last edited by Edjay; 08-29-2012 at 03:47 PM.. |
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08-29-2012, 04:23 PM | #107 |
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16 year olds should not drive 300HP cars let alone anything more than that.
It's just asking for trouble for 99.9% of the 16 year olds out there. Forget about being able to afford it, it's just silly. My daughter will get something safe that can get out of it's own way. I wouldn't even dream of giving her the keys to my 335 when she is 16. |
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