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My 1st car was a 32 hp 1960 VW bug. My dad gave me a interest free loan, but I had to pay for it. I had to pay for 100% of the operational cost.
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I think mine was a '59 though. Also my Dad gave me my first loan...I did pay him back with no delinquent payments.. That was in 1977 or 1978..
I bought my first 911 in1979 cash, with money I earned and saved..
There were always fortunate sons (daughters) whose parent bought them new cars for insignificant milestones.... I was driving a '59 bug to school, usually it ran on 3 cylinders..adjusting timing and dwell in the parking lot..(by ear and with a match book) while some others had brand new Vettes and Novas