What's the average age of an M3 owner?

JMD0977 · 09-19-2008, 03:56 PM

23,Cash,Lowest paying job ever $25 an hour.And that was 5 years ago.

footie · 09-19-2008, 03:59 PM

Sorry guys, I didn't realise I hadn't put my age down. I'm 40 plus interest.

No seriously I'm 43 and it looks like I was indeed correct, the majority of US and Canada owners are a lot younger than us here in Europe and that has to be down to the difference in cost we pay.

torredresen · 09-19-2008, 04:05 PM

21 and student.
Dads bought on X6 for mom ,mom hated it, so tradet in for M3 while mom is keeping the X5.
Lucky me... But yeah, Im still at the uni. but I will get a very good job ;-) so I"ll possibly pay it back later

gadget · 09-19-2008, 04:25 PM

28

xsilvor · 09-19-2008, 04:27 PM

24.

Was planning on waiting til I was 25, but I'm currently checking over my budget and playing with some numbers. There's an 08 coupe exactly as I want it arriving this week... So tempting

TheBry · 09-19-2008, 05:02 PM

Quote:

Originally Posted by blakepilot

i love how all these age threads turn into older drivers giving younger drivers unsolicited financial advise.

LOL!

42 years old here, 2nd BMW, paid cash, homeowner (carry a mortgage)

footie · 09-19-2008, 05:07 PM

Young guys, enjoy your time with your M3s now. With the credit crunch kicking in your cars will be reclaimed soon enough. (j/k)

Only joking, no like most of the older guys here I too bought it with cash.

IWearScrubs · 09-19-2008, 05:09 PM

Quote:

Originally Posted by footie

Young guys, enjoy your time with your M3s now. With the credit crunch kicking in your cars will be reclaimed soon enough. (j/k)

Only joking, no like most of the older guys here I too bought it with cash.

that made me laugh out loud.

I paid cash too.

lucid · 09-20-2008, 08:23 AM

Quote:

Originally Posted by footie

No seriously I'm 43 and it looks like I was indeed correct, the majority of US and Canada owners are a lot younger than us here in Europe and that has to be down to the difference in cost we pay.

Possible, but not necessarily:

1. You need to consider the disposable income, and then consider purchasing power. A direct currency conversion is not particularly accurate. Also, you pay in Pounds but also get paid in Pounds for instance.
2. I suspect that Americans would be more willing to go into debt than Europeans although I've got no data to back that up.

spike357 · 09-20-2008, 09:36 AM

I just turned 39. Paid for with 100 percent my money. No help whatsoever from trust funds or parental gifts.

montreal red · 09-20-2008, 10:17 AM

22. getting it in the spring as a graduation gift

schnell325 · 09-20-2008, 10:22 AM

33

BIGNTASTIE · 09-20-2008, 10:23 AM

18 turning 19 soon. got it as a birthday gift.

pilot_bro2003 · 09-20-2008, 11:49 AM

Quote:

Originally Posted by ACZakka325i

25. I like spending all my disposable income on cars.

34 Next month. I'm in the same boat as you brother!

MJC///M3 · 09-21-2008, 09:01 AM

24, work long hours on wall street.....

time to treat myself!

footie · 09-21-2008, 09:34 AM

Quote:

Originally Posted by lucid

Possible, but not necessarily:

1. You need to consider the disposable income, and then consider purchasing power. A direct currency conversion is not particularly accurate. Also, you pay in Pounds but also get paid in Pounds for instance.
2. I suspect that Americans would be more willing to go into debt than Europeans although I've got no data to back that up.

You may be right, over here in the UK most people will only have a third of the car's cost in finance and even then most who purchase this price of a car will probably have an income of close on double the price of the car itself.

I doubt this will be true for the US market, most will be close to 100% financed, and most will only pay the payments for a 3~4 year term, handing the car back at the end. It's never been my way of paying for something, I'm a believer of if you can't afford to pay for it with cash then you shouldn't have it.

swamp2 · 09-21-2008, 01:52 PM

Although you can learn something from a quick and dirty poll like this I firmly believe there is more than one 20 something who posted a reply here who does not own a 2008/9 M3.

As well don't forget about the strong US bias simply based on the number of members of the forum who are from the US.

Oh, BTW, I'm 39, this is my 3rd M3 and it is 100% financed.

ferrari6891 · 09-21-2008, 07:10 PM

18...leasing it myself with my own business and only after I attended racing programs/schools. However, you older guys are right .."how can you afford it and afford a home and what not". My parents are still supporting me in that way, but i still think supporting a lease for a 67K car is still something i can be proud of

Sticky · 09-21-2008, 07:34 PM

Quote:

Originally Posted by ferrari6891

18...leasing it myself with my own business and only after I attended racing programs/schools. However, you older guys are right .."how can you afford it and afford a home and what not". My parents are still supporting me in that way, but i still think supporting a lease for a 67K car is still something i can be proud of

Who is paying the insurance? Is it leased under YOUR name? The thing is, would you have your car without your parents assistance? The answer is no.

What business does someone have at 18 without a college education anyway? That must be one hell of a lemonade stand. I am kidding btw.

ferrari6891 · 09-21-2008, 07:49 PM

Quote:

Originally Posted by Sticky

Who is paying the insurance? Is it leased under YOUR name? The thing is, would you have your car without your parents assistance? The answer is no.

What business does someone have at 18 without a college education anyway? That must be one hell of a lemonade stand. I am kidding btw.

hah lol
My dad takes care of PHYSICALLY paying the bills for it... I transferr the 1200 a month it takes to lease into his bank account
My business is a complicated thing to explain. I work with Clubs/Lounges in NYC to provide parties such as Sweet 16s Graduations, Bdays, AfterProm...Ive been doing it for 2 years and i can earn a cool 50K a year. Its pretty much like a party planner except I deal with party people who have deep pockets

edit: btw I am getting a college education haha

ponch_ki · 09-21-2008, 07:59 PM

20, turning 21 in October, got it from my dad as a graduation and birthday gift

E90RWC · 09-21-2008, 08:41 PM

Quote:

Originally Posted by montreal jet black

22. getting it in the spring as a graduation gift

I will be in that same situation in Spring as well.

In wealthy areas like the Bay Area and stuff, driving a BMW at this age is considered the minimum. Many of my friends have M6s, Ferraris and Aston Martins. It's hard to stunt here.

Others around the country think that a BMW at a young age is a crime, but that's cuz their car payments are more than their own mortgages.

09-19-2008, 03:56 PM	#45
JMD0977 Captain 69 Rep 994 Posts Drives: 2010 GT3 and .... Join Date: Apr 2008 Location: I-95 iTrader: (6)	23,Cash,Lowest paying job ever $25 an hour.And that was 5 years ago.
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09-19-2008, 03:59 PM	#46
footie Major General 1118 Rep 8,017 Posts Drives: i5M60 Join Date: Oct 2007 Location: No where fast iTrader: (0) Garage List 2024 BMW i5M60 [0.00] 2022 BMW i4M50 [0.00] 2020 BMW M5 Competi ... [0.00] 2008 E92 M3 [0.00]	Sorry guys, I didn't realise I hadn't put my age down. I'm 40 plus interest. No seriously I'm 43 and it looks like I was indeed correct, the majority of US and Canada owners are a lot younger than us here in Europe and that has to be down to the difference in cost we pay.
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09-19-2008, 04:05 PM	#47
torredresen Captain 53 Rep 712 Posts Drives: M3 09 E93 JzB Fox Red extended Join Date: Apr 2008 Location: Belgium iTrader: (0) Garage List 2005 Z4; 2.0 [0.00] 2005 Z4 [0.00]	21 and student. Dads bought on X6 for mom ,mom hated it, so tradet in for M3 while mom is keeping the X5. Lucky me... But yeah, Im still at the uni. but I will get a very good job ;-) so I"ll possibly pay it back later
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09-19-2008, 04:25 PM	#48
gadget Major 108 Rep 1,161 Posts Drives: 09 e92///M SSII DCT Join Date: Nov 2007 Location: US iTrader: (0)	28
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09-19-2008, 04:27 PM	#49
xsilvor Captain 67 Rep 992 Posts Drives: M5 Join Date: Jun 2008 Location: Houston, TX iTrader: (2)	24. Was planning on waiting til I was 25, but I'm currently checking over my budget and playing with some numbers. There's an 08 coupe exactly as I want it arriving this week... So tempting
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09-19-2008, 05:07 PM	#51
footie Major General 1118 Rep 8,017 Posts Drives: i5M60 Join Date: Oct 2007 Location: No where fast iTrader: (0) Garage List 2024 BMW i5M60 [0.00] 2022 BMW i4M50 [0.00] 2020 BMW M5 Competi ... [0.00] 2008 E92 M3 [0.00]	Young guys, enjoy your time with your M3s now. With the credit crunch kicking in your cars will be reclaimed soon enough. (j/k) Only joking, no like most of the older guys here I too bought it with cash.
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09-20-2008, 09:36 AM	#54
spike357 Private First Class 9 Rep 157 Posts Drives: The 1st 2008 e92 M3 in NV Join Date: Dec 2006 Location: Las Vegas iTrader: (0) Garage List 2008 e92 M3 [0.00]	I just turned 39. Paid for with 100 percent my money. No help whatsoever from trust funds or parental gifts.
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09-20-2008, 10:17 AM	#55
montreal red chris 278 Rep 12,144 Posts Drives: White Boat Join Date: Jun 2007 Location: Toronto iTrader: (31)	22. getting it in the spring as a graduation gift __________________ Current: 2013 F10 M5 & 2016 Mini JCW 2013 GLK350 (gone), 997.1 GT3RS (gone), 2009 WRX STI (gone), e92 M3 (gone)
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09-20-2008, 10:22 AM	#56
schnell325 Bored at work.... 890 Rep 5,391 Posts Drives: 2016 F82 M4 GTS//2022 M235iGC Join Date: Aug 2007 Location: Comox Valley iTrader: (8)	33 __________________ Grey Matter:2008 E92 M3:608/425. SG/PS SOLD! Dark Matter:2015 F80 M3:495/505. SOLD! Anti Matter :2016 F82 M4 GTS What next?!? A 2022 M235i GC- I must be getting old
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09-20-2008, 10:23 AM	#57
BIGNTASTIE Lieutenant 35 Rep 589 Posts Drives: white/red 08 M3, 05 Rangerover Join Date: Jul 2008 Location: queens, NY iTrader: (0)	18 turning 19 soon. got it as a birthday gift.
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09-21-2008, 09:01 AM	#59
MJC///M3 Colonel 87 Rep 2,324 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	24, work long hours on wall street..... time to treat myself! __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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09-21-2008, 01:52 PM	#61
swamp2 Lieutenant General 611 Rep 10,407 Posts Drives: E92 M3 Join Date: Sep 2006 Location: San Diego, CA USA iTrader: (3)	Although you can learn something from a quick and dirty poll like this I firmly believe there is more than one 20 something who posted a reply here who does not own a 2008/9 M3. As well don't forget about the strong US bias simply based on the number of members of the forum who are from the US. Oh, BTW, I'm 39, this is my 3rd M3 and it is 100% financed.
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09-21-2008, 07:10 PM	#62
ferrari6891 the original brown guy 116 Rep 1,011 Posts Drives: '22 MBB/SO X5M Comp Join Date: Jan 2008 Location: NJ/NYC iTrader: (3) Garage List 2011.75 E90 M3 [7.66]	18...leasing it myself with my own business and only after I attended racing programs/schools. However, you older guys are right .."how can you afford it and afford a home and what not". My parents are still supporting me in that way, but i still think supporting a lease for a 67K car is still something i can be proud of __________________ PREVIOUS 2019 G05 X5 M50 AG/BLK 2017 F15 X5 5.0 M Sport AW/BLK 2011 E90 ///M3 AW/FR 2008 E92 ///M3 IB/BLK
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09-21-2008, 07:59 PM	#65
ponch_ki Second Lieutenant 53 Rep 297 Posts Drives: cars Join Date: Aug 2008 Location: Manila, Philippines iTrader: (0)	20, turning 21 in October, got it from my dad as a graduation and birthday gift __________________ 2008 AW E92 M3 (sold ) Amuse Ericsson Exhaust, Amuse Trunk, Vorsteiner Lip, BMW Performance Seats, AA SSK, AA Pulley, Gruppe-M Intake, BBS 19" LMs, AP Racing BBK 1994 BMW E36 M3 Euro (Track Car)
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