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How about someone like me, my story below as I consider an M3 at the age of 26:
I'm considering selling my 2008 335i and buying a 2008-2009 M3. I owe 10k on the 335i, and would sell it.
Assuming with the down payment (I would prefer not to pay cash - you never know what might happen) my payments on the M3 would not change compared to the 335i - is this something I should consider?
Real estate in CT is not cheap - I live in a townhouse and don't intend to spend any more for at least 4 years - my lifestyle doesn't need anything bigger house wise. I am also contributing to 401k - at 6% which is the max percentage my company will match.
Bear in mind I also own a Honda S2000 outright - a fun car, but my insurance would go down if I only had one car - should I have both, or sell the S2000 and just use that as the down payment, the M3 taking the place of both the 335i and S2000?
Thank you to the older and wiser members!
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