M3 as an investment :)

AlterZgo · 11-05-2010, 01:31 AM

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

swamp2 · 11-05-2010, 03:15 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

+1 great point.

ooowowizstev · 11-05-2010, 04:42 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

Great point +2

serge · 11-05-2010, 05:22 AM

According to the yahoo article, "... One example renowned for holding resale value: the Mini Cooper, which retains 52% of its value after five years..."

52% over 5 years? BS! Good luck finding a 2006 Mini Cooper S (ex. $21k new, no options) for less than $16k

kmarei · 11-05-2010, 09:38 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

just like a hooker

AND you don't get in trouble with the wife!

dcstep · 11-05-2010, 10:19 AM

Quote:

Originally Posted by Res Ipsa

It's not an investment. It's a depreciating asset.

Depreciating assets can be investments. Look at Avis, Hertz, etc. and leasing companies like GMAC and BMW Finance. The key is deriving income greater than the depreciation.

To buy and hold a depreciating asset without a revenue stream is NOT an investment.

Dave

ES_TRADER · 11-05-2010, 10:36 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

Well said, awesome way to look at it! i feel much better about the purchase now

besides, i do, do quite a bit of investing and this shit stresses the hell outta me...When you're down ur stressed (cuz ur losing), when you're up, you're stressed (cuz you can't decide to book your gains or hold), when you're flat, you're stressed (cuz u not making any money while everyone else is)...basically a mental f*ck no matter how you put it.

heck i NEED this car for my sanity!

cawest19 · 11-05-2010, 11:23 AM

My m3 appreciates every day...or should I say, I appreciate my m3 everyday...

Value (and beauty) is in the eye of the beholder...I don't care what Kelly's Bluebook or anyone else says. It's mine, I love it.

Mr. ///M3 RD · 11-05-2010, 11:41 AM

Quote:

Originally Posted by kmarei

Read the first paragraph

http://autos.yahoo.com/articles/auto...-value-fastest

I have to agree, it is sort of an investment. Example;

I purchased my 2002 M3 with low milage (~26,000 KM on the odometer) in 2004 for $53,000- CDN Funds before taxes. I only paid 6% tax since I resided in Alberta Canada at the time.

I sold that M3 in February 2010 to a fellow here in Ontario. I maintain my cars well treat them with kid gloves. So the car looked just like when I purchased it. I sold the car with 64,000 KM on the odometer for $25,000- Canadian.

I think it was a good deal (I wish I kept it, just did not have the space in my 2 car garage

I had to make room for my new toy).

This photo was taken in 2006 February.

TheRealOrosie · 11-05-2010, 11:43 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

Right on.

Mr. ///M3 RD · 11-05-2010, 11:51 AM

Quote:

Originally Posted by AlterZgo

You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.

+1

Very true, also the last shirt has no pockets so live every day as if it is your last and do enjoy life to the fullest

as a side point and off topic, I just lost a very good friend. He was only 28 and suffered a very unfortunate accident.

You may have seen the link, if not CLICK here for details

So don't think of the money enjoy the car

and of course always drive safely

mrkbbd · 11-05-2010, 12:43 PM

Quote:

Originally Posted by Laszlo

Invest in gold, not M3s.

I don't know about that, do you think gold prices are going much higher than they already are...there are too many synthetics in development that would take the place of it entirely

ES_TRADER · 11-05-2010, 12:44 PM

Quote:

Originally Posted by Laszlo

Invest in gold, not M3s.

i shorted gold this morning....uh oh

dcstep · 11-05-2010, 07:01 PM

Quote:

Originally Posted by mrkbbd

I don't know about that, do you think gold prices are going much higher than they already are...there are too many synthetics in development that would take the place of it entirely

Classic sign of a bubble. When you read about it in USA Today and Bimmerpost, short whatever it is.

ES_TRADER · 11-05-2010, 07:14 PM

Quote:

Originally Posted by dcstep

Quote:

Originally Posted by mrkbbd

I don't know about that, do you think gold prices are going much higher than they already are...there are too many synthetics in development that would take the place of it entirely

Classic sign of a bubble. When you read about it in USA Today and Bimmerpost, short whatever it is.

+10000000000

Lol so true! Or when ur grandma, barber and mailman gives u the same investment advice

linsm3 · 11-05-2010, 07:34 PM

Quote:

Originally Posted by JayRob

I doubt anyone of us here pay base price for an m3 lol

Agreed, after all the money I have put into this car I would never come close to getting any of it back, even if I took the parts off and sold them. I never bought it for that reason anyway, hoping to just have fun at the track as she gets older and better, same as me.

tha_good_life · 11-05-2010, 09:37 PM

on the positive note! Glad my car is retaining more value then my property!

templarklimek · 11-05-2010, 09:51 PM

A rich man invests in gold, a wise man invests in lead.

ES_TRADER · 11-06-2010, 04:17 PM

ill glady pay 80k for this car today, as long as it doesnt fall apart and after 8 years, dct still intact, motor running, and handles the EXACT same way it does as it did brand new.

Mr. ///M3 RD · 11-06-2010, 07:00 PM

Quote:

Originally Posted by templarklimek

A rich man invests in gold, a wise man invests in lead.

not true

a wise man spends his money so that on the last day he has none left ... you know last shirt has no pockets and all that good stuff

enjoy life, every day ... it's short

11-05-2010, 01:31 AM	#23
AlterZgo Lieutenant Colonel 1538 Rep 1,665 Posts Drives: 23 X3 M40i, 21 911S, 24 Taycan Join Date: Sep 2010 Location: Gilbert, AZ iTrader: (0)	You guys are looking at it all wrong. It's IS an investment... just not a financial one. It's an investment in your mental health, fun and enjoyment! It will make you happier and that may actually make you live longer... the best ROI of all.
	Appreciate 0 Quote

11-05-2010, 05:22 AM	#26
serge Captain 14 Rep 776 Posts Drives: '11 M3 ZCP (Sold) / '06 C6 Z06 Join Date: Mar 2007 Location: Grovetown, GA iTrader: (0)	According to the yahoo article, "... One example renowned for holding resale value: the Mini Cooper, which retains 52% of its value after five years..." 52% over 5 years? BS! Good luck finding a 2006 Mini Cooper S (ex. $21k new, no options) for less than $16k
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11-05-2010, 11:23 AM	#30
cawest19 Livin' the M life 13 Rep 151 Posts Drives: 2008 E90 M3 Join Date: Mar 2010 Location: Princeton, NJ iTrader: (0)	focus on the positive My m3 appreciates every day...or should I say, I appreciate my m3 everyday... Value (and beauty) is in the eye of the beholder...I don't care what Kelly's Bluebook or anyone else says. It's mine, I love it.
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11-05-2010, 09:37 PM	#39
tha_good_life Brigadier General 376 Rep 4,089 Posts Drives: 21 X6MC Join Date: Jul 2008 Location: Seattle iTrader: (22) Garage List 2021 BMW X6MC [10.00] 2010 BMW M3 [8.68]	on the positive note! Glad my car is retaining more value then my property!
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11-05-2010, 09:51 PM	#40
templarklimek templarklimek 142 Rep 868 Posts Drives: 15' X6M, 12' R8 V10, Join Date: Jun 2008 Location: Houston Texas iTrader: (0)	A rich man invests in gold, a wise man invests in lead.
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11-06-2010, 04:17 PM	#41
ES_TRADER Colonel 344 Rep 2,928 Posts Drives: 328i, 335i, M3, 535i, X5, 36M Join Date: Oct 2010 Location: OC iTrader: (3) Garage List 2014 Ford Raptor [0.00] 2012 328i E92 [10.00] 2013 X5 [0.00] 2013 335i F30 [8.00] 1990 Toyota Previa [0.00] 1997 E36 M3 [10.00] 2011 E92 M3 [0.00] 2011 535i [0.00]	ill glady pay 80k for this car today, as long as it doesnt fall apart and after 8 years, dct still intact, motor running, and handles the EXACT same way it does as it did brand new.
	Appreciate 0 Quote