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Go for it!
Don't try hide the car though. One thing to remember it's not just a car.. I would recommend contacting your local region of PCA even before you buy a car. Go out to one of their events and bring the whole family. You will be amazed at how many new friends you will make. I am 28 and got my first Porsche when I was 20. I am by no means rich ( I have three step daughters and a one year old) if you are able to do some of the work yourself these cars can be very affordable. My daughters love he car and we have a lot of fun going for drives. I also take my wife and kids to local PCA events. its funny most teenagers don't want to hang out with their parents much but when it comes to the car or going to an event they fight over who gets to go.
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