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Parents don't buy inappropriate like that for their kids. Parents do that to satisfy their own needs and in a fairly transparent attempt to compensate for perceived inadequacies and to draw attention to themselves.
(The kid essentially concedes that it is inappropriate for their station in life when he talks about how he hesitates to tell anyone, feels he has to park it far away from school, etc.)
Literally millions of families could afford to buy their child an inappropriately expensive first car. For a Caymen, it can be as easy as a $600-$800 month lease payment. But the vast majority of parents know better.
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