Nice! As a former Studebaker owner (1963 Lark sedan), I approve wholeheartedly!
On the other hand, if anyone was wondering why our ranks are greying so quickly, with fewer and fewer young enthusiasts following behind us, just think about what it means to raise that much money now, at entry-level (teenager/recent immigrant) wages. Jake somehow saved $10,000 by 16. Amazing and more power to him!
But it’s not replicable across the population, not at $7 or $10 or even at $15 an hour while in school full-time. My brother bought his first classic, a driving, only slightly shabby 1940 British Ford Pilot, in 1979 at the age of 16 for $800. He made around $3 an hour so it took him under 300 hours to earn the cash. Even assuming Jake made $10 an hour, it would have taken him 1,000 hours to earn his nut. Our hobby is increasingly out of reach for anyone but the better-off, esp. in cities with expensive housing. Who will buy our treasured cars in 15 or 20 years? Maybe we need to think about selling our cars to under-30s for what we have into them, rather than what the market will bear... (excepting very high-end show restorations, of course: even this market probably won’t catch up with those expenses).
I have to admit that I am more than a little shocked at a guy his age is into old cars. Especially with the ridiculous amount of distractions in today's world. He must be an old soul.
As for adopting a dog...Do it! I'm sure there's a furry friend out there just waiting for you to take leisurely drives with!