Can I afford to buy an F80 M3?

[DETRoadster]

Originally Posted by RickFLM4

Very different decisions. I own my home but prefer to lease my cars for a variety of reasons covered in many other threads.

Perhaps the anti-mortgage folks on this thread like to change up their home every 3 years to ensure they always have the latest and greatest in living accommodations.

[tebbnsx]

Originally Posted by GoneIn4Secs

Theres no point in being car poor

The stress of spreading yourself too thin, dont do it if its gonna be a big chunk of you monthly income

But if yiu can absorb it, only you know how much yiu can take

I pay 1k per month for my M3 and I make more than 20k per month and I often question if I made a wise financial decision lol.

[MisterF80M3]

Originally Posted by tebbnsx

I pay 1k per month for my M3 and I make more than 20k per month and I often question if I made a wise financial decision lol.

Dang 20k a month in AR? That is rare...

[tebbnsx]

Originally Posted by MisterF80M3

Dang 20k a month in AR? That is rare...

I’m a consultant. I don’t have any clients in Arkansas.

[Hawkeye]

Originally Posted by tebbnsx

I’m a consultant. I don’t have any clients in Arkansas.

I was gonna guess football coach or something...

[tebbnsx]

Originally Posted by Hawkeye

I was gonna guess football coach or something...

My gig is a little less stressful than a Football coach lol

[nyalpine90]

Originally Posted by tebbnsx

I pay 1k per month for my M3 and I make more than 20k per month and I often question if I made a wise financial decision lol.

what kind of consultant?

[DETRoadster]

Originally Posted by tebbnsx

I pay 1k per month for my M3 and I make more than 20k per month and I often question if I made a wise financial decision lol.

Maybe you can loan the OP some $ so he can "afford" his M3?

[ItsGary]

Originally Posted by nyalpine90

what kind of consultant?

sex consultant

[Hawkeye]

Originally Posted by ItsGary

sex consultant

Also known as a family councilor in Arkansas.

[CTinline-six]

Originally Posted by tebbnsx

I pay 1k per month for my M3 and I make more than 20k per month and I often question if I made a wise financial decision lol.

Couldn't you just pay cash for it after saving for a few months?

[nyalpine90]

any jpegs of the M3???

[tebbnsx]

Originally Posted by CTinline-six

Couldn't you just pay cash for it after saving for a few months?

Well 85k would take more than a few months plus I have 5 kids and 2 under the age of 2. I don’t know if you have kids but they aren’t cheap plus we spend a lot of time traveling.

[tebbnsx]

Originally Posted by nyalpine90

what kind of consultant?

Well I consult with buyers on very expensive cars for purchase like Bugatti, Ferrari Aston Martin, Porsche, McLaren and Merc. I’ve sold 1 client over 9 mil in cars in the past 6 months.

[tebbnsx]

Originally Posted by Hawkeye

Also known as a family councilor in Arkansas.

I don’t think Iowa is too far behind there buddy bahahahahaha.

[tebbnsx]

Originally Posted by nyalpine90

any jpegs of the M3???

Here you go

[PoorLurker]

at OP - depending on what type of car person you are but i'd suggest forgoing the purchase of an M3 and skip a few car purchases to ultimately purchase something that is far more superior and sporty than an M3.

I've heard that the M3 was a "mistake" from a couple people whose ultimate goal was a higher end sports car. Yes they loved them but the money dumped into those purchases pushed back their mid life crisis car that much further back.

For some ballers - the M3 is a perfect stepping stone or end of the road car. However, for others it's just a detractor.

It's like a high end SUV. Why pay $160k so some non sports oriented person can drive your turbo porsche cayenne. It makes no sense to me but that's because I can't fathom that financial lifestyle where a $160k SUV is like me getting a used Ford Fusion.

[tebbnsx]

Originally Posted by PoorLurker

at OP - depending on what type of car person you are but i'd suggest forgoing the purchase of an M3 and skip a few car purchases to ultimately purchase something that is far more superior and sporty than an M3.

I've heard that the M3 was a "mistake" from a couple people whose ultimate goal was a higher end sports car. Yes they loved them but the money dumped into those purchases pushed back their mid life crisis car that much further back.

For some ballers - the M3 is a perfect stepping stone or end of the road car. However, for others it's just a detractor.

It's like a high end SUV. Why pay $160k so some non sports oriented person can drive your turbo porsche cayenne. It makes no sense to me but that's because I can't fathom that financial lifestyle where a $160k SUV is like me getting a used Ford Fusion.

I’m not certain as to your line of reasoning here if this is the car the OP really wants.

[MisterF80M3]

Originally Posted by PoorLurker

at OP - depending on what type of car person you are but i'd suggest forgoing the purchase of an M3 and skip a few car purchases to ultimately purchase something that is far more superior and sporty than an M3.

I've heard that the M3 was a "mistake" from a couple people whose ultimate goal was a higher end sports car. Yes they loved them but the money dumped into those purchases pushed back their mid life crisis car that much further back.

For some ballers - the M3 is a perfect stepping stone or end of the road car. However, for others it's just a detractor.

It's like a high end SUV. Why pay $160k so some non sports oriented person can drive your turbo porsche cayenne. It makes no sense to me but that's because I can't fathom that financial lifestyle where a $160k SUV is like me getting a used Ford Fusion.

OP can barely afford a M3. You are telling him to look for something even more expensive? Poor financial advice.

[ddinse]

Try not to borrow money for things that depreciate. My dream car is a 335 coal roller...

[PoorLurker]

Originally Posted by tebbnsx

I’m not certain as to your line of reasoning here if this is the car the OP really wants.

Originally Posted by MisterF80M3

OP can barely afford a M3. You are telling him to look for something even more expensive? Poor financial advice.

For people without a lot of money, large purchases require sacrifices over longer periods of time.

M3 is like Ruth's Chris - its good alright but a real steak lover's restaurant it is not

id rather eat mcdonalds until I can save enough to eat at a real steakhouse bypassing ruths chris

two ruth's chris steaks or one real steak?

apply to logic to cars

[MisterF80M3]

Originally Posted by PoorLurker

For people without a lot of money, large purchases require sacrifices over longer periods of time.

M3 is like Ruth's Chris - its good alright but a real steak lover's restaurant it is not

id rather eat mcdonalds until I can save enough to eat at a real steakhouse bypassing ruths chris

two ruth's chris steaks or one real steak?

apply to logic to cars

Stupidest logic I've ever heard.

Why get a M3 when you can get a GTR? Why get a GTR when you can get a 911 turbo? Why get 911 turbo when you can get a Ferrari?

Get the picture?