Whats the name of the movie about a kid who steels his fathers old car&returns in the morning with it totaled?

Question

The teenage/kid takes his father's very nice old car for a night on the town with a girl and they end up getting into all kinds of trouble. Friend pukes in car. **SPOILER** By the end of the movie the car is totaled and the father doesn't care because he was going to give the car to the teenage anyway.

Answer 1

I think its "A night in the life of Jimmy Reardon" with River Phoenix.

Kid takes fathers car, ruins relationships & crashes car in the course of 24 hrs???

Answer 2

ferris bueller days off

Answer 3

it's  "License to Drive" right...?!

with Corey Feldman

Summary: http://www.imdb.com/title/tt0095519/plot...

Trailer: http://www.youtube.com/watch?v=a4KJtDxTq...