Originally Posted by GnokGnik
Sorry to be so pessimistic, but it's such a bad idea on so many levels...it is extremely dangerous, not financially responsible, not even useful for you yet, etc.
It wasn't even a choice for you. Your parents surprised you with a 415hp beast before you even have your license or a place to drive it to. LOL.
I am about your age and I would honestly settle for a slower, less expensive car with some $$$ for tuition and living expenses...if I had the choice.
I'm 18, and honestly as much as I would love an M3 like that... I probably would take that and trade it in for a basic 3 series or even an Audi A4/A3. The biggest problem is your parents are HUGELY enabling you, and now you don't know what it's like to work for anything. I love M cars and just BMW's in general, but I know the delayed gratification I will get from waiting 4-5 years before I can purchase one on my own will make it sooo much more satisfying and rewarding. Plus by then I will be somewhat more mature and experienced in all aspects of driving. It's not your fault, I just don't understand this kind of parenting at all, that's just ridiculous and completely unnecessary.