I have to disagree with those who say that the parents buying a first car for their children is a bad move. My parents paid part of my first car, while I payed the rest.
I still have it now, but am looking to sell it to move up to a Skyline now that I know how to drive. It's a 1989 Toyota Corolla SX, 100kW at the flywheel. Plenty, if not too much power for an L plater.
See, the thing isn't that his parents want to buy him a car, it's that they want to buy him a car that is a weapon in the hands of anyone without the experience to control it.
Mate, my advice is wait until you've got experience, done a defensive driving course, and saved some money yourself, before you go off buying such powerful cars. Not only will you save yourself money (insurance, repairs/work, fines), but you'll also save yours and other peoples lives.