I'm 49, and I have several of the same stories. That's why I am (to the point of insanity, as far as my family is concerned) tightly holding onto my Crown Vic police car, and this crew cab.
Figure eight races all over the country are destroying the Crown Vics, and how many of the State/county fleet cclb's do you see daily? They are my 3 year old son's inheritance! Lol!!!
That is awesome. Plus, sounds like your boy will grow up knowing how to fix cars himself.
Not at the mercy of some shop and not stuck on the side of the road.
I look at it this way, I havent had a car payment since 1998.
All of that money goes into my toy fund and my retirement.
And all of that is pretty heavily boosted by fixing cars on the side for people who didnt grow up with a Dad who tought them the greasy gas ways of getting ahead.
And, If he learns the ways..
He can keep his freinds from getting ripped off too!
Over the span of your life, it easily gets into the tens of thousands of dollars and can get into the hundreds of thousands.
I bought my first house off of not buying new cars.
I just made sure the garage had heat, 220 volts, and a flat driveway
Keep doing the Dad thing Bud
Passing on that knowledge can help set him up for life