I agree. But I came from small town/rural area and only kid that had a new car was the rich one or the ones that had an after school/weekend job and dad paid his insurance maybe. Most farm kids worked on dads tractors/equipment and on his car only if he had to do so as to not be afoot!
Each generation , in general can get softer/lazier and that is due to parents or technology.
Only kids that I grew up around with new cars were spoiled pukes who had no respect for anything because they never worked for anything. Most of us had cheap beaters that we paid for and kept on the road by working part time jobs after school.