Quote:
Originally Posted by JoeClothing
just to update this thread, the M5 did belong to Josh. His father had it registered in his name, possibly for insurance purposes, but the car belonged to him
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Obviously a well thought out decision. If the car is isn't in his name, it isn't his. No one here is stupid enough to believe an 18 year old walks into the dealership and walks out with a new m5 without his parents.
I feel bad for people who have high performance cars and teenage kids. The insurance companies will now have a field day I am sure raising rates to protect themselves. Best to just exclude junior from the policy and get him his own on his own scion or civic. But then he won't be the cool kid at school will he? I'm keeping my kids in a cage until they are 18 and then releasing them into the wild, somewhere in Alaska.