It's still later than the time period you state, but possibly the 2017 animated film by The Asylum, *[CarGo][1]*?

[![Front cover of *CarGo*][2]][2]
 > A young car learns the importance of family when he embarks on a mission to rescue his father who's been sent to Clunker Island to be re-purposed as junk metal.

## Trailer
https://www.youtube.com/watch?v=0rJRuWJcRQ8

I found a copy online, and early on, there's a scene where Vin is talking to Danny (and later rapping) about how Danny isn't going to get anywhere going to school, and that he needs to do something school like join a street race instead.

  [1]: https://www.imdb.com/title/tt6680792/
  [2]: https://i.sstatic.net/MPgi8m.jpg