A 19-year-old ended up with a $62,000 Dodge Challenger after his grandfather stepped in to help him buy a car. The purchase raised concerns for his parents, especially because the teenager had recently totaled his previous vehicle and the new car came with a 21% interest rate. The situation was discussed on a recent episode of “ The Ramsey Show ,” where a 38-year-old father from North Carolina asked Dave Ramsey and Jade Warshaw for advice. He explained that while his son received help from his grandfather, he still drives the same Prius he owned in college. “We can afford to buy him the car, but he wanted to step in and help out his grandson,” the caller said of his father. “He ended up buying him a Dodge Challenger.” Don't Miss: The Difference Between a Fragmented Plan and an Integrated One Often Comes Down to Structure — See How PCM Encore Brings Investment, Tax, and Estate Planning Into Alignment. Find out if you qualify to reduce your monthly debt payments — see how much you could save with a quick, free consultation. Grandfather’s Gift Raises Questions The family never set a firm budget before the purchase. As a result, the grandfather ended up helping his grandson buy a high-powered muscle car that cost far more than the parents expected. The young man isn’t unemployed. According to his father, he earns between $5,000 and $6,000 a month flipping furniture with his sister through Facebook Marketplace. Still, Ramsey was immediately concerned. “Your father does not have good judgment on financial matters,” Ramsey said after learning more about the deal. “[He] did an idiotic, stupid deal in an effort to be a blessing to his 19-year-old grandson, but instead cursed him by putting him into a car with ... Full story available on Benzinga.com