I'm not gonna pass judgement on the kid, I totalled a car a month ago and I'm sure a LOT of people don't believe the story as to why it happened. It's true a lot, probably most, teenagers lie through their teeth about everything, but then again, some tell the truth. It's the whole cry wolf theory, only because ALL teenagers will lie, you get branded a liar no matter what.
The car he has is nice looking in my opinion, and I like to hear he takes care of it, doesn't drive it in the bad weather etc...
I just hate the cocky 20 year old kids who got things handed to them and think they own the world. Very rare do you see a 20 year old with a nice car and a humble attitude. The two just dont go well together.
If you say your friend is humble, doesn't brag, doesn't call people out, and doesn't act like he owns the world, than he sounds like a good guy and I commend him for that.
Buuut, you and him are definately different. You bought your car, you pay for everything done to it, you don't get help with paying for things, so in my eyes you have the higher ground to stand on between the two cars! Be proud of that, even though he has a new, nice, mint car, yours was bought, built, and done solely by you.