Would you buy your child an M3 as a first car?

[dbhg1124]

Progression as in natural increase in standards of living. For example, a movement/direction towards greater living standards, as such is our goal in third world African countries. As for the OP's thread and debate, I would never buy my child a 70k M3 I agree with you. If he/she works has a steady job/head on shoulders/career plan/education and wants to buy his/her own car more power to them. However, I would advise them against it because at a young age the 70k can go towards more uses, such as investments whether they be financially or entrepreneurial interests. From personal experiences, working for the finer things in life offers much greater satisfaction, but I do not frown/hate on those that were more fortunate than I and were blessed with giving parents/grandparents.

Originally Posted by VVG

Please define "progression". Progression is not only the aquisition of increasing amounts of material wealth from generation to generation. Yes, to a point more is better....but only to a point. After that, "more" can become detrimental.

I keep coming back to the same point of MODERATION. Sure, if you are affluent, your kid doesn't have to drive a beater, but is it in their best interest to own such a high powered premium level vehicle at such a young age? Aside from the undeniable biology of Adolescent brain development and impulse control, there is the simple concept of teaching your children the value of money and hard work. It will serve them well in life when parents are no longer there or able to take care of them. Personally, I don't want to be supporting my kids when they are in their late 20's, but in order to insure that this doesn't happen, and also insure that they are reasonably happy, I have to teach them to fend for themselves. My older daughter just started high school this year. At the end of the year, her school is sponsoring a trip to Italy. I am going to ask her to make a choice between that trip and a summer camp that she loves and goes to every year. Not because I can't afford both, but because I want her to learn to have to make choices, and learn discipline in spending.

[ericjay56]

Originally Posted by Dave07997S

I think the Tacoma would be a great first car...safe, reliable and it sounds like its already paid for...a winner in my book.

Dave

I've been waiting for someone to finally realize the glory of the Tacoma. There's sports car performance (M3)...and then pick up truck performance. Let me tell you, there is nothing more satisfying then drifting a Tacoma in the pouring rain. It's a blast, knowing that even if you hit a bump, curb, or any small parked vehicle that you're car is more than fine. This thing is sweet for some reason

[Erhan]

Originally Posted by dbhg1124

buddy it is anywhere between 1.2 and 1.8 million per year and that does not include illegal immigrants. Next time you try and correct someone make sure you are right, thanks in advance

For some reason, I thought you meant legal ones...

[LarThaL]

Originally Posted by dbhg1124

.....but I do not frown/hate on those that were more fortunate than I and were blessed with giving parents/grandparents.

I don't frown/hate those that are fortunate. There is also nothing wrong with being generous to your children.

However, there is point at which that generosity actually becomes detrimental and not beneficial. This is the line that one should try not to cross.

Look at the lives of many child celebreties. They get too much with too little discipline and it really screws up their lives. Are they really fortunate?

I am more critical of the parents that give excessively to their children than I am of the children on the receiving end. The kids don't know any better. I mean, seriously.....if offered the choice, do you know any car-loving youth that would actually say, "No thanks, Dad, I'll take the Civic. The M3 is just too much car for me at this young age".

[Sean91]

When I was 17 I had a Porsche Cayenne s as my first car when I turned 19 I got an m3 I think you should give it to her it's not a big deal a lot of parents give there kids nice cars I know a couple kids younger then me with a lot more powerful cars like a zo6 and a cts-v. Giver her the car and you get to keep it

[mrkhanna16]

Get it for her...everyone is gonna do stupid shit, might as well do it in a car thats made for it

[John Tanglewood]

Originally Posted by Sean91

When I was 17 I had a Porsche Cayenne s as my first car when I turned 19 I got an m3 I think you should give it to her it's not a big deal a lot of parents give there kids nice cars I know a couple kids younger then me with a lot more powerful cars like a zo6 and a cts-v. Giver her the car and you get to keep it

Wow.

[Erhan]

Some of the comments must be joke. No one can be that stupid... I think...

[gallian93]

I would get him an high mileage e30, a set of tools and a repair guide...
I guess it depends on your kid too...
hopefully i wont be one of those people that thinks all their kids are "special" and have the ability to say... "yeah... my son's kinda an irresposible prick!... so no M3"

[esqu1re]

Probably not. Probably should get them a civic or camry.

[feaganszhp]

Originally Posted by erhanh

No one has. It is so dreary, you want to kill yourself, hence become an un-safe driver without noticing.

i swear there are more terrible drivers with prius' then any other car!!

[feaganszhp]

it all comes down to what your child likes. if cars has been a value in your family and your child understands the importance of the m and how to drive it why not let them enjoy it and be able to drive a fantastic car.

[Erhan]

Originally Posted by feaganszhp

i swear there are more terrible drivers with prius' then any other car!!

And the funniest thing ever is to see a Prius pulled over.

[rye m3]

Originally Posted by John Tanglewood

Wow.

I'll second that one!

[Templar]

Originally Posted by erhanh

Some of the comments must be joke. No one can be that stupid... I think...

I tend to think some people are really that stupid.

EDIT: Nevermind... Saw the OP actually did come back, and was laughing too... Wondering if troll... maybe?

[1sikbmr]

Originally Posted by mrkhanna16

Get it for her...everyone is gonna do stupid shit, might as well do it in a car thats made for it

agreed

[IFX]

won't be in this predicament....

[BPMSport]

There is no way in hell I would give my child an M3 as a first car.

That's asking for trouble IMO. I think a 335 will more than suffice, even a 328 is perfect for a new driver.

[CallMeWonder]

My dad bought me a used 2009 M3 as my first car.(16 yrs old) ITs for good reasoning though, I've been working with him and the family businesses since I was 12 and it wasn't just easy work it was some labor like lifting. I also made him a promise that I'll try to do superior in life and become successful and wealthy like he is.

I dont brag or anything about it either. I'm really humble and thank God for how blessed I am.

As for driving skills, I really respect the cars power and I dont abuse it. I have never floored the car. I havent even hit red/yellow on it yet. Gonna get my driving skills down before I even attempt that.

[bobbyd1961]

Originally Posted by James T. Kirk

I talked to a guy in the auto business who told me about a wealthy lady looking to buy her son an M3. He's 15 years old with a learner's permit and already lining up serious, high-end, performance mods to be done immediately after picking it up at the dealership.

So I think to myself... the kid is a hotdog with no driving experience of any kind, money to burn... he's gonna kill himself!

The next day, as I'm looking to sell my M3, I think about my daughter who is getting her permit soon. She's a responsible honors student. Mellow. Good kid.

And then I think to myself... man, I really hate to see this M3 go. I should give her my M3 and keep it in the family... but then she'll kill herself!

Am I being over-protective about this idea? Money aside, would you get your kid a warp-capable car like an M3?
.

no

[Erie Von Otto]

Doesnt anyone remember P-Diddy getting his son the $350K+ Maybach for making honor roll?

[CallMeWonder]

Originally Posted by ottoblotto

Doesnt anyone remember P-Diddy getting his son the $350K+ Maybach for making honor roll?

holy sh*t