At 21, my parents bought me a 350Z as a gift. However, they didn't pay for the whole car. Once I graduated and found a full time job I paid the last two years for the car. I even took care of insurance, maintenance, etc.
At 27, I'm looking forward to the 370Z. This time I'm taking care of it myself especially after selling the 350Z. Mom's car broke down last year, so I took care of getting her a new Accord. That way my parents can focus on other things, and then my dad can later get her something "nicer." The Accord will probably end up being my daily driver. Otherwise, they can keep the Accord, and I can get a cheap daily driver.
If your dad can budget the 370Z as a new car for you, congrats! You can also take advantage of building credit as well.
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