Yeah, I had similar experiences. Not that many German cars up here, but virtually everyone at my high school had new japanese imports for their 16 b-day. I got a 13 year old pontiac when I was 17. But I had the biggest subwoofer, and everyone knows, thats what really matters.
I'll be quite happy buying used cars for the rest of my life. Newest car I intend on owning is a '95 993.