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I wish I was driving a car when I was 16, let alone a BMW...good luck to you.
Your biggest hurdle is whether BMWFS will qualify you since your credit history might be very short, but everything can be solved with a rather large down payment.
Not going to lecture you on being a responsible citizen on the road since I was riding a 1000cc sports bike when I was your age...so a M3 might seem a bit tame.
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