Just because someone is young and has a nice car doesn't mean their parent's bought it for them. I busted my *** to afford my 370z at my current age of 19. I bought myself a Camry (7k down, finance 7k) when I was 18. I saved up for a couple years for that 7k down payment.
After purchasing my first car I saved up all my money that I earned (50hours a week at work and being a full time student was ridiculous to say the least) and in 8months I completely paid off the Camry. After paying off my Camry I used it as a down payment for my 370, currently my payments are $200 a month and my insurance is $200 fully covered.
I'm privileged enough where the only bills I have in my life are for my car. I have a full scholarship at school and I'm still at my parents house, though I'm now saving up some money to rent out a place with a couple friends later next year.
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