Is it really a good idea to give your 16-year old son a $360,000 car for his birthday, even if you are a multi-millionaire?

Don't get me wrong. I think if I were the child, I would appreciate the car and take care of it. This child may not have the same values I have.My father had me pay 1/2 of my first bicycle.

He could afford it, but thought it would be better if I was vested in the bike. He was right, I took very good care of it, and learned that if you have to earn something it means more to you. That taught me the value of ownership, pride, and the Dollar.

This child may feel a sense of entitlement to extravagant gifts like this, since his father is rich. If so, he won't appreciate the "little people" that have to work hard for their money. This can and usually does transfer to adulthood.

The child does something wrong once, and daddy comes running and throwing money at the problem and the child doesn't care and doesn't learn anything other than "my dad has lots of money and he will always make wrong, right again. It also fosters disregard for other's property. They usually feel the same about the care of other people and their property as they do about extravagant gifts.

This child most likely will not appreciate and take care in driving the car. S friends will want rides, and will abuse the car. He will most likely get the "prettiest girl" translated "biggest gold digger" who will get him into more trouble that daddy will have to throw money at.

If the father had thought it through, and still wanted to give the child the car, he should have set ground rules. EG: You get a ticket, it comes out of your allowance. You have a wreck, it comes out of your allowance.

You tear it up, you drive it AS IS. Etc.Etc. A written contract between them would have been best.

Like the contract for prom night. The veh.Is too fast.

Probably not. I think people only really apppreciate those things they have worked for. Worked hard to have and deserve...its not the same with a present, it hasn't got the same emotional value, or learning value.

Will he end up wrecking it in a silly drunken' accident? Oh, probably this one too! And maybe then he will realise the value when he has to pay for new parts :) or I guess Daddy Diddy will pay for that too... Isn't there a familiar phrase or saying that is appropriate here...something like 'spare the rod and spoil the child.

I think its all relative. You give what you can afford. He can afford it and there it is.

I think Diddy's son riding around in a Toyota Civic would be just as ridiculous. Diddy was born rich. He made his money by working hard.

Maybe he wants his son to have what he never could at that age. Many parents do. But I also think that you give your kids what is normal for their bracket.

I'm sure his son's friends aren't driving around in shabby cars either. Hopefully he is teaching his son the value of money. But if not, then it's their loss not anyone else's.

If the car was free like lightfield said, and I wouldn't be surprised if it were, then he really didn't spend anything.

My thoughts on this after reading up on it are... Mercedes gave Diddy the car to give to his son on his 16th birthday while on the mtv show my super sweet sixteen, free of charge. Reason being free advirtisment. People will be talking about Mercedes & the Maybach & the price, people will google search it to see what it looks like.

Etc its just easy advertisment really.

I love Maybachs and no, it's still definitely not a good idea. I think it's extremely important that all kids learn the value of a dollar, and I'm just not sure this is setting the right tone. Don't get me wrong - I'm extremely pro-luxury, but kids who get things like this for free rarely go on to be high achievers later in life.

I hope I'm wrong, but we'll definitely watch and see. Too many toys = Paris proper restraint = Ivanka Trump.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.