Early twenties, looking at an M3 - Page 6

Vic311 · 02-16-2013, 03:35 PM

Quote:

Originally Posted by ///M3THOD

Wow. I almost missed this gem until my esteemed colleague below brought it to my attention.

Did you invent the Shamwow?

I absolutely agree though, you are extremely mature... It so totally sucks that some people can't afford an M3, like for reals.

I'm guessing you keep a bong, a funnel and some business cards in the trunk of your M3 for all your important "business" meetings. Never can be too prepared, ya know!

Jayp0d · 02-16-2013, 04:14 PM

I don't know how Canada works, but here in MA, you'd be looking at $3500/mo after taxes assuming you claim 0 allowances on your W4 (since you're 22 you wouldn't need to pay for health insurance here either - you can stay on your parents plan).

Let's say you pay $1000/mo for your M3. That still leaves you plenty of money for insurance and gas. You'll get a 50,000 mile warranty and free oil changes and brake jobs from BMW so the expensive repairs argument is moot. Assuming you don't go clubbing every weekend, you'll still be able to put away money every month into savings.

$60k for a 22 year old is a respectable salary. The only kids I knew getting that out of school were BSEE or Finance/Accounting majors, so kuddos to you.

Unless you work for an unstable company or that $60k is commission, I say do it.

PS: If you're smooth talker you won't have to worry about bringing girls back to mom's crib; they will invite you back to their's

BEANIE1379 · 02-16-2013, 05:00 PM

I was 24 when I got mine and bought used. But I already had my own place also.

gatorfast · 02-16-2013, 06:46 PM

Quote:

Originally Posted by ///M3THOD

Wow. I almost missed this gem until my esteemed colleague below brought it to my attention.

Did you invent the Shamwow?

I absolutely agree though, you are extremely mature... It so totally sucks that some people can't afford an M3, like for reals.

I'm guessing you keep a bong, a funnel and some business cards in the trunk of your M3 for all your important "business" meetings. Never can be too prepared, ya know!

Yea when I tell people I'm so young they don't believe me and think I'm more like 20. But I'm thinking of getting rid of the M3 for a GTR or a carerra or a 458. Cash of course.

JAM3S · 02-16-2013, 08:12 PM

He's mocking you in case you couldn't tell.......

Maybe you're too mature for us.

atopa2002 · 02-16-2013, 08:24 PM

Why are you all so up in arms,advice the young to go buy it,tell them its the best car on the planet so that it will drive up the resale value.
when it comes time to sell we reap in the cash and it takes less time to sell too,since it would be in so high of a demand with all the kids after used v8 m3,

Brucewonder · 02-16-2013, 08:31 PM

If you live at home and dont care about $ then by all means get it and enjoy your youth.

Thats what I did back then and I am now regretting it. Rather put that money to work.

///M3THOD · 02-16-2013, 09:08 PM

Quote:

Originally Posted by JAM3S

He's mocking you in case you couldn't tell.......

Maybe you're too mature for us.

He's laying it on pretty thick, I guess I underestimated his comic wit the first go round.

I'm glad you've got his back though, in case I missed it the second time.

DARK_M3 · 02-16-2013, 09:14 PM

It's only money and it's only a car.

gatorfast · 02-16-2013, 09:21 PM

Quote:

Originally Posted by ///M3THOD

He's laying it on pretty thick, I guess I underestimated his comic wit the first go round.

I'm glad you've got his back though, in case I missed it the second time.

JAM3S · 02-16-2013, 11:32 PM

Quote:

Originally Posted by ///M3THOD

He's laying it on pretty thick, I guess I underestimated his comic wit the first go round.

I'm glad you've got his back though, in case I missed it the second time.

Hmmmm I think you mistake my intent.

I don't stick up for tools.

I was just piling on.

Vic311 · 02-17-2013, 12:51 AM

This is awesome..lol

catherinelam · 02-17-2013, 01:07 AM

Quote:

Originally Posted by Vic311

This is awesome..lol

want some

?

spyderco10 · 02-17-2013, 04:20 AM

I always feel inadequate reading these threads, with the, '$60,000/year is respectable...for a 22 year old' posts. It seems the majority of members here were self made millionaires by their mid 20's.

roastbeef · 02-17-2013, 04:57 AM

buy property before buying an expensive car.

dejavu000 · 02-17-2013, 08:38 AM

Quote:

Originally Posted by dream3rr

I'm 22 and I'm currently employed making $60k/yr. I have no debt.

I have no desire to move out yet, so I've got the next 3 or so years to get the ball rolling on my own place.

The M3 is a splurge I may not deserve at this point, but given my particular situation, is it doable? I have a deep love for cars and I feel like owning an M3, especially this particular generation, would be something I would look back on in a few decades with a huge smile.

What do you think?

do it while you can.

Jayp0d · 02-17-2013, 10:04 AM

Quote:

Originally Posted by spyderco10

I always feel inadequate reading these threads, with the, '$60,000/year is respectable...for a 22 year old' posts. It seems the majority of members here were self made millionaires by their mid 20's.

I said that cause I was making literally half that when I graduated (at 23). I drove a 10 year old Subaru that I got from my mom when she bought a new Mazda an I was thrilled just to not have to make car payments.

Didn't mean to sound like a snob - was just giving the OP props since us Psychology majors don't make sh*t in our early 20's

Vic311 · 02-17-2013, 06:07 PM

Quote:

Originally Posted by catherinelam

want some

?

Yes please...

RingMeister01 · 02-17-2013, 06:33 PM

Quote:

Originally Posted by Fieldsy

I said that cause I was making literally half that when I graduated (at 23). I drove a 10 year old Subaru that I got from my mom when she bought a new Mazda an I was thrilled just to not have to make car payments.

Didn't mean to sound like a snob - was just giving the OP props since us Psychology majors don't make sh*t in our early 20's

Keep polishing your pinky ring. One day someone will notice you

Quote:

Originally Posted by spyderco10

I always feel inadequate reading these threads, with the, '$60,000/year is respectable...for a 22 year old' posts. It seems the majority of members here were self made millionaires by their mid 20's.

No reason to feel inadequate! Everyone knows who the heavy hitters are on the board. Those who make it a point to mention how much they make or are worth are the inadequate.

Red_Baron · 02-17-2013, 07:16 PM

This thread really needs to stop.................................

Mr. ///M3 RD · 02-17-2013, 07:26 PM

Quote:

Originally Posted by Red_Baron

This thread really needs to stop.................................

I second ^^^^ Administrator / Moderator please ... pretty please close this thread.

Thanks from all (well most all) ///M3 Members.

JAM3S · 02-17-2013, 07:33 PM

If you want the thread to stop then stop posting in it.

It really is that simple.

Mind boggling.

02-16-2013, 08:31 PM	#117
Brucewonder Major Drives: 2011 E92 M3 yea boi Join Date: Nov 2007 Location: Socal Posts: 1,474 iTrader: (4)	If you live at home and dont care about $ then by all means get it and enjoy your youth. Thats what I did back then and I am now regretting it. Rather put that money to work. __________________ 2011.5 E92 ///M3 SSII/FR

02-17-2013, 04:20 AM	#124
spyderco10 Colonel Drives: AW E92 M3 6MT Join Date: Jul 2008 Location: Honolulu, HI Posts: 2,417 iTrader: (0)	I always feel inadequate reading these threads, with the, '$60,000/year is respectable...for a 22 year old' posts. It seems the majority of members here were self made millionaires by their mid 20's. __________________ “For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.” - John 3:16

02-17-2013, 04:57 AM	#125
roastbeef First Lieutenant Drives: e46 325 Join Date: Nov 2010 Location: orange county, ca Posts: 327 iTrader: (0)	buy property before buying an expensive car. __________________

02-17-2013, 07:16 PM	#130
Red_Baron M3Post DBag Drives: '08 e92 M3, '11 G55 AMG Join Date: Dec 2011 Location: DC/VA/PA Posts: 724 iTrader: (0)	This thread really needs to stop................................. __________________

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02-16-2013, 04:14 PM	#112
Jayp0d Banned Drives: * Join Date: Jun 2011 Location: * Posts: 168 iTrader: (0)	I don't know how Canada works, but here in MA, you'd be looking at $3500/mo after taxes assuming you claim 0 allowances on your W4 (since you're 22 you wouldn't need to pay for health insurance here either - you can stay on your parents plan). Let's say you pay $1000/mo for your M3. That still leaves you plenty of money for insurance and gas. You'll get a 50,000 mile warranty and free oil changes and brake jobs from BMW so the expensive repairs argument is moot. Assuming you don't go clubbing every weekend, you'll still be able to put away money every month into savings. $60k for a 22 year old is a respectable salary. The only kids I knew getting that out of school were BSEE or Finance/Accounting majors, so kuddos to you. Unless you work for an unstable company or that $60k is commission, I say do it. PS: If you're smooth talker you won't have to worry about bringing girls back to mom's crib; they will invite you back to their's

02-16-2013, 05:00 PM	#113
BEANIE1379 New Member Drives: 2008 BMW M3, Dodge Ram 1500 Join Date: Jun 2012 Location: Lafayette, LA Posts: 28 iTrader: (0)	I was 24 when I got mine and bought used. But I already had my own place also.

02-16-2013, 08:12 PM	#115
JAM3S Second Lieutenant Drives: E92 M3 Join Date: Dec 2012 Location: Charlotte Posts: 250 iTrader: (0)	He's mocking you in case you couldn't tell....... Maybe you're too mature for us.

02-16-2013, 08:24 PM	#116
atopa2002 Private Drives: LCI e90 335i Join Date: Jan 2006 Location: Richmond,VA Posts: 91 iTrader: (0)	Why are you all so up in arms,advice the young to go buy it,tell them its the best car on the planet so that it will drive up the resale value. when it comes time to sell we reap in the cash and it takes less time to sell too,since it would be in so high of a demand with all the kids after used v8 m3,

02-16-2013, 09:14 PM	#119
DARK_M3 Banned Drives: 08 E90, 89 Grand Wagoneer Join Date: Mar 2012 Location: So Cal Posts: 1,294 iTrader: (3)	It's only money and it's only a car.

02-17-2013, 12:51 AM	#122
Vic311 Zen Drives: 2011 e92 M3 Join Date: Dec 2012 Location: CA Posts: 896 iTrader: (0)	This is awesome..lol

02-17-2013, 07:33 PM	#132
JAM3S Second Lieutenant Drives: E92 M3 Join Date: Dec 2012 Location: Charlotte Posts: 250 iTrader: (0)	If you want the thread to stop then stop posting in it. It really is that simple. Mind boggling.