|
|
|
View Poll Results: You drive a E9x M3. You are in your 20's. How'd you manage that? | |||
I pay for the car, but I live with my parents. | 38 | 17.12% | |
My parents paid for the car. | 38 | 17.12% | |
I live on my own and pay for my car (probably not the smartest financial decision at your age) | 146 | 65.77% | |
Voters: 222. You may not vote on this poll |
Post Reply |
|
Thread Tools | Search this Thread |
09-17-2013, 10:07 AM | #48 |
Studying...
36
Rep 860
Posts |
|
Appreciate
0
|
09-17-2013, 10:08 AM | #49 |
Studying...
36
Rep 860
Posts |
|
Appreciate
0
|
09-17-2013, 10:19 AM | #50 |
Studying...
36
Rep 860
Posts |
I'm 29, always loved cars and computers from a young age. Got my first PC at age 6, haven't stopped tinkering since then. Worked in tech my whole life, already have 10+ years of relevant experience in networking, servers, and programming. I've also got a business degree, and most recently I built a cloud VoIP company from the ground up to where we now have customers in 40+ states. I've always done pretty well for my age when it comes to cars, and they've always been paid for/financed by me.
Age/Car: 19 - Eclipse GS-T 210hp 21 - Nissan 350z 287hp 26 - E46 M3 Vert 333hp 29 - E92 M3 420hp European Delivery. 32 - (Whenever the LCI model is released) F82 M4 via European Delivery I also have a son, and child support -- you really can have it all if you work hard enough. |
Appreciate
0
|
09-17-2013, 11:14 AM | #53 | |
DHS
201
Rep 4,007
Posts
Drives: 2023 M4, 2020 Land Rover
Join Date: Oct 2010
Location: Disneyland
|
Quote:
AND if this was 2008 or 2009 I bet to say almost 95% of E9X M3 owners were over 30 years of age. We see this with all new vehicles. I say we take a poll the day the F82 M4 is available and see the age of new owners AND if the individual M4s are $90k+ I would bet 99% would be over 30 years of age. Its reality, not rocket science. Most teens or twenty something folks just don't make that kind of money and will not get approved for that type of money, regardless. Tell me how I know? Shall we go back to the $90,000 2002-2005 NSX days during those years?
__________________
2020 Land Rover Velar Autobiography
2023 BMW M4 2016 X3 Last edited by Endless619; 09-17-2013 at 11:20 AM.. |
|
Appreciate
0
|
09-17-2013, 11:29 AM | #54 | |
Studying...
36
Rep 860
Posts |
Quote:
I also agree with you, most of the posters in this thread except my over-the-hill (for this thread) self and maybe one or two others, bought used. By the time I get a new GT-R or Indiv. M4, I'll be over 30 as well. |
|
Appreciate
0
|
09-17-2013, 11:33 AM | #55 | |
First Lieutenant
62
Rep 398
Posts |
Quote:
|
|
Appreciate
0
|
09-17-2013, 11:34 AM | #56 | |
Brigadier General
636
Rep 3,039
Posts |
Quote:
Nailed it |
|
Appreciate
0
|
09-17-2013, 11:35 AM | #57 | |
DHS
201
Rep 4,007
Posts
Drives: 2023 M4, 2020 Land Rover
Join Date: Oct 2010
Location: Disneyland
|
Quote:
I bought mine CPO used as I will never buy brand new again. Why? Because I put down $30k cash over 10 years ago on a car and today I can get that same car and year for $8000. lol I was in my early 20's and stupid. But such is life. It's a huge learning experience and we all learn as we go. I am in my 30's as well. No big deal.
__________________
2020 Land Rover Velar Autobiography
2023 BMW M4 2016 X3 |
|
Appreciate
0
|
09-17-2013, 11:39 AM | #58 |
DHS
201
Rep 4,007
Posts
Drives: 2023 M4, 2020 Land Rover
Join Date: Oct 2010
Location: Disneyland
|
I agree with you 100%!!
__________________
2020 Land Rover Velar Autobiography
2023 BMW M4 2016 X3 |
Appreciate
0
|
09-17-2013, 11:50 AM | #59 | |
Studying...
36
Rep 860
Posts |
Quote:
All things considered, by the time I order an M4 in 2-3 years, I'll end up with more total equity than I had when I left the E46 M3, and with that, a lower monthly payment than I have now. I'll do ED again and pocket the $1500 BMWFS cash (refinance in 3 mos), $750-$1500 loyalty, plus the 7% off the invoice (and the fact that you can get them for the paltry sum of only $1000 over invoice most of the time, and I doubt that will change for ED in the future). I think people can probably afford more than they think, and can upgrade to better cars than they think, if they pay attention to the details and focus on the goal. However, I know all of this fun will come to an abrupt end once I get one of these 'wife' people you guys keep talking about, that apparently tell you you're not allowed to do things |
|
Appreciate
0
|
09-17-2013, 12:00 PM | #60 |
Second Lieutenant
12
Rep 284
Posts |
|
Appreciate
0
|
09-17-2013, 12:06 PM | #61 | |
Major General
1889
Rep 5,506
Posts |
Quote:
Around here (San Francisco), there are a lot of high earning engineers and people in the internet industry which inflates incomes. They make close to 6 figure incomes out of college. So M3 for them is not that big a stretch. I am in my 30s and purchased the M3 used. I'm not an engineer and not in high tech so had to wait longer to get one.
__________________
Auto Detailing Enthusiast!
|
|
Appreciate
0
|
09-17-2013, 12:31 PM | #62 | |
Captain
75
Rep 903
Posts
Drives: E90
Join Date: Jul 2010
Location: Houston, TX
|
Quote:
a few things you're leaving out: -time value of money -non-monetary utility/satisfaction and given that we're on a car forum, I'd be willing to wager most people here get a LOT of non-monetary satisfaction from their M3's
__________________
2011 E90 M3 6mt AW/Speed Cloth - ZCP, Moonroof, non-iDrive - PCD 12/9/10 Painted reflectors, matte black grills/gills, Deansbimmer Belly Pan, DEI Alarm, Homelink/compass retrofit, Passport MAX2 Hardwire, GP Thunder 8500K, modmy3 LED interior, Dinan Mufflers, HRE P40 19" Satin Charcoal, Michelin PS4S |
|
Appreciate
0
|
09-17-2013, 12:35 PM | #63 |
Colonel
349
Rep 2,348
Posts
Drives: TT Flat Six
Join Date: May 2010
Location: pa
|
because yolo.
|
Appreciate
0
|
09-17-2013, 12:57 PM | #64 |
Lieutenant
18
Rep 463
Posts |
Prioritize and make goals for yourself. I have not had any family support since I graduated high school but I told myself when I was 20 I would have a house and an e92 M3 before I was 25. I didn't quite achieve that goal but I put my down payment on the house and bought an M3 before I was 26. It's all about working hard, making good decisions and setting goals.
|
Appreciate
0
|
09-17-2013, 01:06 PM | #65 | |
First Lieutenant
62
Rep 398
Posts |
Quote:
In my opinion, you can only afford an m3 if you can purchase one and also have money to purchase a decent house, (or setting aside money to purchase a house), saving a decent amount for retirement, and having money left over for a rainy day fund. Lots of 20 somethings with m3s aren't in that position. |
|
Appreciate
0
|
09-17-2013, 01:11 PM | #66 |
Private First Class
15
Rep 154
Posts |
Work a weekend job (valet). Make $200 a weekend plus I don't spend any money going out like every 24 yr old I know. Adds at least $1000 a month. Buy preowned, finance 30k, BAM...
__________________
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|