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Definitely not for a 16 year old. The purchase price is the cheapest part of ownership and it is unlikely the 16 year old has the DIY skills to fix much. Even if he has a relative who owns an independent German auto repair shop who would fix it at the cost of parts it would still be very expensive to own. But they can be incredible cars if well maintained and sorted out, provided you could afford a $5k to $15k repair in the worst case.
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