Compare what's available in the dorms and apartment. When I entered college, I lived in the dorm for 1 week before I moved out to an apartment within walking distance. Sure I paid more but it was better than sharing a cramped living space and facilities with other people. I also had the freedom of having more options for food and transportation was easier (apartment was closer to public transportation).

What are your friends like? My housemates all agreed that our apartment would never become the party house and we always went to other people's apartments to hang out (we also had a lecturer living below us so...). Yes a few of my housemates were always out doing their thing but the apartment was pretty quiet most of the time and our coursemates would always come over to study and do assignments/projects. Have you and your friends discussed this?

Finances. It's great your parents will pay for the apartment but would you be able to afford living there when they stop? Also it's great your dad offered a 25k car but do you need it? Also who would pay for insurance etc? Would you become the friend that always gives others a ride?