My daughter stole my car! What to do?

Recently I became the recipient of a $720 phone bill, courtesy of my 15 year old daughter, A___. After confronting A___ about her phone usage I asked her to give me her phone. She refused and a short while later left the house, presumably to gather her wits. A short while later my wife noticed my car was missing. My daughter had taken my car! My daughter does not have a driver's permit or insurance. A short time later my daughter called us from her friend's house, about 5 miles away. She was safe, and so was the car. In the meantime we had called the police. We knew she had to face consequences for her actions. The police officer explained that we had several choices on how to proceed with a juvenile (after bringing her home):

1. Do nothing (leaving the consequences up to us as parents)
2. Write her tickets for Driving Without a License, Driving without Insurance, Car Theft, and Breech of Trust. I would have to pay those tickets.
3. Write her tickets and set a court date in the Family Court. I would pay for the tickets and court costs.
4. Declare her an Incorrigible Child and give up our rights as parents.
5. Have the officers talk to A___ and then leave the consequences up to us as parents.

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