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I think a well appointed m3 ($70k-$72k ) at 2.9% with about $5k down will be between $950-$1200 per month depending on the type of financing that you do. If you do the BMW preferred plan with a balloon payment at the end of the loan, you can achieve a monthly payment of about $950 with a balloon of about $20k at the end. Take a look at the calculator on the BMW site, it will give you a very close approximation.
Oh, BTW, normally as a good rule of thumb, keeping your car payment to 1/8 of your net monthly income is a good financial choice (I personally try to stay at 1/16). At your age, I recommend keeping your debt low and invest in yourself or your business. However, if you can write your car off for a business expense, then you may want to lease.
-SZ
Last edited by SUB-ZERO; 06-08-2010 at 09:53 AM..
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