20 year old, want to buy 2008 e92

Nati Beastcat · 01-23-2013, 04:46 PM

Quote:

Originally Posted by Red_Baron

Quote:

Originally Posted by Nati Beastcat

I'll tell ya what happens:

You buy the M3. The Car is so sexy you got like ten new girlfriends calling you (the next day) half of them end up getting pregnant.. 9 months from now you have an M3 you can't afford, 5 kids on the way, 5 Paternity test pending, and a new landlord wanting to know where his payment is.

it could happen...

The M3 is not a lady getter....dick magnet is more like it.

In cincinnati M3 drivers get all the honeys! Lol

Lowest_Frequency · 01-23-2013, 05:00 PM

Quote:

Originally Posted by Z K

If you are financing an M3 while living at home with the parents, your parents should kick you out of the house for making terrible financial decisions and taking advantage of them regardless if you have a job or not.

This.

AshyLarryMP · 01-23-2013, 05:03 PM

Interest rates are great right now. Buy a house first and then a car.

These cars cost a lot of money in maintenance/repairs/gas. You are trying to buy a M3 out of warranty and will have to pay a lot of money even if you find a cheap way.

You don't want your M3 to prevent you from buying a house. You will get a better interest rate on your house if you don't have a big car payment.

You could get a newer M3 with all the options if you wait 1.5 years. If I was you, I would probably buy the nicest house I could afford, wait until 2015, buy a 2013 fully loaded/low miles. You don't want a car that someone beat the piss out of. Oh yeah, and do as much over time at work as possible. Make a good first impression and then you can get away with being lazy later.

Goat Rodeo · 01-23-2013, 05:03 PM

Quote:

Originally Posted by Red_Baron

The M3 is not a lady getter....dick magnet is more like it.

How is the G in this regard?

E92 M3 is a total dude magnet; I think because every guy reads Car and Driver and C&D worships the M3. If you look at the car in my sig I had three guys in the span of fifteen minutes come over to chat me up while taking those photos in front of some random community clubhouse.

E46 M3 on the other hand, I get honked and waved at relatively often (at least for me) by girls and guys just ignore it. I also knew several girls in high school and college that were obsessed with the E46 M3 and even one who had a big poster of it in her bedroom.

Was talking to a girl in line at Starbucks the other day; she's says shes into cars and then says "well what cars do you have, I'm really into cars and know all about them." I list the M cars, guy overhears us talking and gets excited and says he has a Z4M, she looks at both of us like we're aliens, and says "when I said I was into cars I meant I was into MOPAR, I don't know what you guys are talking about."

///M3THOD · 01-23-2013, 05:09 PM

Half of the people on these forums, if abiding by advice/rules outlined in this thread, would not be driving M3's now or wouldn't have ever bought their first one.

They should outsource HS career counseling to these forums.. we at least could get paid for it.

Sometimes I find it amusing how much people like to give advice to people complete strangers with financial situations unknown... even if it is entirely sincere.

___

Side note.. I just turned 30, I don't have a job but I have been collecting aluminum cans for the better part of a decade.

I don't have a house, medical insurance, or a drivers license..(low overhead)

I haven't seen my children since I traded them for a pimped out shopping cart 12 yrs ago.

I've always really coveted the guys e92 M3 who works at the building where I sleep in the dumpster.. I've saved up enough money to finally buy a M3, BUT, I'm just not sure I can afford the maintenance? Any advice?

THE TECH · 01-23-2013, 05:12 PM

Quote:

Originally Posted by ///M3THOD

Sometimes I find it amusing how much people like to give advice to people complete strangers with financial situations unknown... even if it is entirely sincere.

If people didn't come here making threads like this then no advice would need to be given. Can't put the cart before the horse.

24601 · 01-23-2013, 05:13 PM

Quote:

Originally Posted by Red_Baron

The M3 is not a lady getter....dick magnet is more like it.

LMAO!

This is true. But you meet some cool people with the same passion for cars.

two+2 · 01-23-2013, 05:13 PM

Quote:

Originally Posted by ///M3THOD

Half of the people on these forums, if abiding by advice/rules outlined in this thread, would not be driving M3's now or wouldn't have ever bought their first one.

They should outsource HS career counseling to these forums.. we at least could get paid for it.

Sometimes I find it amusing how much people like to give advice to people complete strangers with financial situations unknown... even if it is entirely sincere.

___

Side note.. I just turned 30, I don't have a job but I have been collecting aluminum cans for the better part of a decade.

I don't have a house, medical insurance, or a drivers license..(low overhead)

I haven't seen my children since I traded them for a pimped out shopping cart 12 yrs ago.

I've always really coveted the guys e92 M3 who works at the building where I sleep in the dumpster.. I've saved up enough money to finally buy a M3, BUT, I'm just not sure I can afford the maintenance? Any advice?

Do it!! and to be unique: Alpine White e92 with Carbon Roof.

6MT of course.

Ditch the kids, they just make the car heavier.

ms372 · 01-23-2013, 05:16 PM

note to self : next time you want an answer to a question use a "20 year old wants" in your title.

24601 · 01-23-2013, 05:17 PM

Quote:

Originally Posted by Z K

If you are financing an M3 while living at home with the parents, your parents should kick you out of the house for making terrible financial decisions and taking advantage of them regardless if you have a job or not.

I like this...

JoM3z · 01-23-2013, 05:37 PM

+1

Quote:

Originally Posted by THE TECH

If people didn't come here making threads like this then no advice would need to be given. Can't put the cart before the horse.

Elldon · 01-23-2013, 05:39 PM

reason > heart

LucWerkz · 01-23-2013, 05:39 PM

Quote:

Originally Posted by Goat Rodeo

How is the G in this regard?

E92 M3 is a total dude magnet; I think because every guy reads Car and Driver and C&D worships the M3. If you look at the car in my sig I had three guys in the span of fifteen minutes come over to chat me up while taking those photos in front of some random community clubhouse.

E46 M3 on the other hand, I get honked and waved at relatively often (at least for me) by girls and guys just ignore it. I also knew several girls in high school and college that were obsessed with the E46 M3 and even one who had a big poster of it in her bedroom.

Was talking to a girl in line at Starbucks the other day; she's says shes into cars and then says "well what cars do you have, I'm really into cars and know all about them." I list the M cars, guy overhears us talking and gets excited and says he has a Z4M, she looks at both of us like we're aliens, and says "when I said I was into cars I meant I was into MOPAR, I don't know what you guys are talking about."

How'd you find out she had an e46 M3 poster in her bedroom?

The G wagon has declined in popularity among both men and women I believe. It's my wife's DD but when I get a chance to take it out, no one notices. And if they do, they usually give me a look of disapproval (YOU'RE KILLING THE EARTH look).

Elldon · 01-23-2013, 05:41 PM

Also - to begin with - the fact that you are asking this question on a public forum and can't make the decision yourself might only signal that your brain tells you it is a bad idea but your heart is searching for someone here to tell you to buy it, so that you could then blame it on that person :-) Listen to your brain

quiksi · 01-23-2013, 05:43 PM

I'm sure there are plenty of 20 year olds in Orange County with M3's - gotta keep up with the neighbors I guess

catherineanh · 01-23-2013, 06:17 PM

Quote:

Originally Posted by Red_Baron

The M3 is not a lady getter....dick magnet is more like it.

+1
more guys checking it out then girls!

Goat Rodeo · 01-23-2013, 06:24 PM

Quote:

Originally Posted by ///M3THOD

Side note.. I just turned 30, I don't have a job but I have been collecting aluminum cans for the better part of a decade.

I don't have a house, medical insurance, or a drivers license..(low overhead)

I haven't seen my children since I traded them for a pimped out shopping cart 12 yrs ago.

I've always really coveted the guys e92 M3 who works at the building where I sleep in the dumpster.. I've saved up enough money to finally buy a M3, BUT, I'm just not sure I can afford the maintenance? Any advice?

lmao... Sent from the Apple store I've been sitting in for the last four hours

Yugo · 01-23-2013, 07:18 PM

Quote:

Originally Posted by paradocs98

Plus, with four more years of Obama ahead, the country and possibly the world is likely to collapse in financial ruin in the near future, so why not enjoy life now?

LOL, even better with economy not recovering means lower interest for longer period of time, lambo dealer here I come

6spdg37s · 01-23-2013, 07:27 PM

financial advice i can give is ... i made good money from age 20 on and i also blew alot of it ... but it was fun while doing it but realistically i wish i had saved more of it .

ive had 9 cars and 3 streetbikes so far

definitely sit on it and think it thru.. maybe take the anticipated expenses out of the bank each month and put it aside. see if you can live comfortably with outit

mrkhanna16 · 01-23-2013, 07:39 PM

I ride around and I get it....and if its mine I spend it....

LucWerkz · 01-23-2013, 07:41 PM

Quote:

Originally Posted by Yugo

LOL, even better with economy not recovering means lower interest for longer period of time, lambo dealer here I come

Get a Ferrari while you're at it. Y.O.L.O.

Yugo · 01-23-2013, 07:42 PM

OP, just do it man...forget the nay sayers most of them are in the same situation like you and pretend like the M3 is not affordable to anyone else but themselves. Take your time, find the right car that hasn't been abused etc. and you should be fine and M3's sell fairly quickly therefore you shouldn't have a hard time unloading in case you really can't take the payments anymore.

Also these cars depreciate a lot better then others with that being said you will not loose your entire downpayment.

Doing sort of "back of the envelope math here" w/ a 10k down and today's interest rates (given you qualify), you s/b able to look at 40k+ cars

01-23-2013, 05:03 PM	#69
AshyLarryMP Lieutenant 24 Rep 422 Posts Drives: 2011 MW E92 ZCP DCT Join Date: Nov 2012 Location: San Diego iTrader: (0)	Interest rates are great right now. Buy a house first and then a car. These cars cost a lot of money in maintenance/repairs/gas. You are trying to buy a M3 out of warranty and will have to pay a lot of money even if you find a cheap way. You don't want your M3 to prevent you from buying a house. You will get a better interest rate on your house if you don't have a big car payment. You could get a newer M3 with all the options if you wait 1.5 years. If I was you, I would probably buy the nicest house I could afford, wait until 2015, buy a 2013 fully loaded/low miles. You don't want a car that someone beat the piss out of. Oh yeah, and do as much over time at work as possible. Make a good first impression and then you can get away with being lazy later.
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01-23-2013, 05:09 PM	#71
///M3THOD Lieutenant Colonel 117 Rep 1,625 Posts Drives: 991.2 GTS Join Date: Dec 2009 Location: ATL iTrader: (30)	Half of the people on these forums, if abiding by advice/rules outlined in this thread, would not be driving M3's now or wouldn't have ever bought their first one. They should outsource HS career counseling to these forums.. we at least could get paid for it. Sometimes I find it amusing how much people like to give advice to people complete strangers with financial situations unknown... even if it is entirely sincere. ___ Side note.. I just turned 30, I don't have a job but I have been collecting aluminum cans for the better part of a decade. I don't have a house, medical insurance, or a drivers license..(low overhead) I haven't seen my children since I traded them for a pimped out shopping cart 12 yrs ago. I've always really coveted the guys e92 M3 who works at the building where I sleep in the dumpster.. I've saved up enough money to finally buy a M3, BUT, I'm just not sure I can afford the maintenance? Any advice?
	Appreciate 0 Quote

01-23-2013, 05:16 PM	#75
ms372 White Shark 88 Rep 919 Posts Drives: AW E92 m3 6MT Join Date: Mar 2012 Location: Montreal iTrader: (0)	note to self : next time you want an answer to a question use a "20 year old wants" in your title. __________________ ESS \| Challenge x-pipe \| Akrapovic \| Stoptech BBK (380/355) \|Ohlins R&T \| Dinan \| Vorsteiner \| Downforce USA \| Varis Diffuser \| Gintani \| UUC \| BMW Performance \| Macht Schnell \| Forgestar F14's SDC 19x9.5F 19x11R \| 255.35 295.30
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01-23-2013, 05:39 PM	#78
Elldon Private 6 Rep 51 Posts Drives: M3 E90 Jerez Black Join Date: Jul 2012 Location: Czech Republic iTrader: (0) Garage List 2010 BMW E90 M3 [0.00]	reason > heart Last edited by Elldon; 03-10-2013 at 03:18 PM.. Reason: none
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01-23-2013, 05:41 PM	#80
Elldon Private 6 Rep 51 Posts Drives: M3 E90 Jerez Black Join Date: Jul 2012 Location: Czech Republic iTrader: (0) Garage List 2010 BMW E90 M3 [0.00]	Also - to begin with - the fact that you are asking this question on a public forum and can't make the decision yourself might only signal that your brain tells you it is a bad idea but your heart is searching for someone here to tell you to buy it, so that you could then blame it on that person :-) Listen to your brain
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01-23-2013, 05:43 PM	#81
quiksi Captain 75 Rep 903 Posts Drives: E90 Join Date: Jul 2010 Location: Houston, TX iTrader: (1) Garage List 2018 Toyota Tundra ... [0.00] 2011.5 E90 M3 [0.00]	I'm sure there are plenty of 20 year olds in Orange County with M3's - gotta keep up with the neighbors I guess __________________ 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
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01-23-2013, 07:27 PM	#85
6spdg37s Captain 70 Rep 753 Posts Drives: none Join Date: Aug 2012 Location: dirty jerz iTrader: (3)	financial advice i can give is ... i made good money from age 20 on and i also blew alot of it ... but it was fun while doing it but realistically i wish i had saved more of it . ive had 9 cars and 3 streetbikes so far definitely sit on it and think it thru.. maybe take the anticipated expenses out of the bank each month and put it aside. see if you can live comfortably with outit
	Appreciate 0 Quote

01-23-2013, 07:39 PM	#86
mrkhanna16 Captain 74 Rep 974 Posts Drives: E92 M3 SSII/Fox Red ZCP DCT Join Date: Dec 2008 Location: LA iTrader: (3) Garage List 2011 BMW M3 [0.00]	I ride around and I get it....and if its mine I spend it.... __________________ E92 M3 SSII/Fox Red, DCT, ZCP past rides-IS350, E92 335i
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01-23-2013, 07:42 PM	#88
Yugo First Lieutenant 306 Rep 315 Posts Drives: M3 Join Date: Aug 2012 Location: VA iTrader: (0)	OP, just do it man...forget the nay sayers most of them are in the same situation like you and pretend like the M3 is not affordable to anyone else but themselves. Take your time, find the right car that hasn't been abused etc. and you should be fine and M3's sell fairly quickly therefore you shouldn't have a hard time unloading in case you really can't take the payments anymore. Also these cars depreciate a lot better then others with that being said you will not loose your entire downpayment. Doing sort of "back of the envelope math here" w/ a 10k down and today's interest rates (given you qualify), you s/b able to look at 40k+ cars
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