If the keys were handed to you, would you still say yuck?  
EXACTLY! Obviously this a nice car, Phil is a young guy with a great future in BB, so why not enjoy his success.
A real expensive car is never my style, I would put the $$ in something safe like Treasury bonds ( * making 6.5% now and safe). 
BUT, then again, you only live once and why not enjoy it. Sometimes you just gotta say WTF!
MAYBE  Phil already has some % of his $$ in safe investments?