<human>: Can you give me a shortened version of the text?

My little cousin turned 16 and is demanding a car (bear with me on this), but his parents don't have the money to buy him a car. Ultimately it's not the car, but the fact that he's ALWAYS demanding things and that his parents eventually give in to his wishes. Worse off, his parents don't speak English (he's been raised in California, parents are Chinese), which makes them less credible whenever they tell him he doesn't need X item. Most of his friends' families have more money than his, so he's extremely influenced by what they have. It makes him fit in if he has whatever they have. He thinks his parents can afford whatever he wants since it's what he grew up knowing--that with enough demand/yelling, he can get that xbox or monthly allowance without working for it. Now he's thinking about not go to summer school and taking up a job to make his own money, but he's jeopardizing his potential to go to a good college. He said going to "any college will do and I don't have to be so educated," since he pretty much talks his way in getting what he wants. Sure he doesn't have to be stellar, but he has so much potential.. is there a way to show/tell him he's being immature? How about reversing the damage of his parents succumbing to his wishes?
<bot>: parents came to me for advice to "fix" their spoiled 16yr old to stop asking for material goods as they can't afford it anymore.