Welcome to the forum, and I'm in the same boat as you. My oldest daughter is 16 and very mature/responsible for her age, straight A student. But as dawson pointed out, I know there will be times where she will feel the need to show off alittle. We've all done it, but back in my high school days, it was done with cars that needed to be in gravel to get the tires to spin.
It's all your call, but kids will be kids, no matter what they say lol.