1. So now the standard for purchases is appreciation? Pretty sure you don't buy the cheapest food and cheapest clothes and cheapest cars that you could. That doesn't make those purchases foolish. It makes them consumption tailored to your particular tastes and preferences. Everybody does it. Even you. You have no idea if this purchase is having some kind of adverse impact on this family's long-term finances or not.
2. Nor sure what you're talking about, but if somebody asks who bought you the car, you just show them the bill of sale and the 'investigation' is over. You might watch too many movies where the serial killer starts sweating and the cop says, hey, did I hear something in your basement?
3. The whole point of social media is to share events in your life, especially exciting ones. This falls squarely in that purpose. Not a big deal.
4. I've got just as many negative assumptions about you, based on the little I know about you and stereotypes about "people like you," as you do about this kid and his family. Whatever your personal prejudices and assumptions, the reality is that you don't know. So insisting these folks are rule-breakers is pretty classless, IMHO.
1. Moved the goalpost from appreciating/depreciating to most appreciating / less than most appreciating
2. Bill of Sale then opens the dealership to questioning (is it run by a booster?) and can open financial records to scrutiny (is this an abnormal purchase?). The IRS could even become involved. Even if none of that happens, it’s at an increased risk because of poor timing and social media posts. Even if he’s innocent, innocent people sometimes get convicted.
3. See above.
4. Now we’re going ad hominem? The only assumption I’m making is that it’s stupid to give someone a $70,000 vehicle on NSD and stupid for him to post that on social media. Very bad look. It’s the same if he lives in a trailer park in Athens or a mansion in Atlanta. Oh, and I assumed he’s not serious about engineering because he chose uga, but that’s more of a statement of fact.