Talk some sense into me

dkirsch78 · 03-31-2017, 02:02 PM

I'm a '16 340 owner - have had the car for about a year, and I love it. This is my first bimmer, but it won't be the last. I'm currently considering making a move that might be dumb, and would appreciate opinions. My 340 is optioned as follows:
xdrive, m sport, track handling, cold weather, MPPSK, driver assist, driver assist +

What I'm considering doing is trading in for a ~2 year old low mileage M3 or M4, financed for roughly the same monthly payment I have now. I have never driven an M car, and honestly I'm afraid to because I know I'll love it. I get that this is a personal decision 100%, but what would you do?

NitroLX · 03-31-2017, 02:05 PM

Quote:

Originally Posted by dkirsch78

I'm a '16 340 owner - have had the car for about a year, and I love it. This is my first bimmer, but it won't be the last. I'm currently considering making a move that might be dumb, and would appreciate opinions. My 340 is optioned as follows:
xdrive, m sport, track handling, cold weather, MPPSK, driver assist, driver assist +

What I'm considering doing is trading in for a ~2 year old low mileage M3 or M4, financed for roughly the same monthly payment I have now. I have never driven an M car, and honestly I'm afraid to because I know I'll love it. I get that this is a personal decision 100%, but what would you do?

Silly question.
Of course. same payments, well equipped? Why not?

goofyboots81 · 03-31-2017, 02:11 PM

Quote:

Originally Posted by dkirsch78

I'm a '16 340 owner - have had the car for about a year, and I love it. This is my first bimmer, but it won't be the last. I'm currently considering making a move that might be dumb, and would appreciate opinions. My 340 is optioned as follows:
xdrive, m sport, track handling, cold weather, MPPSK, driver assist, driver assist +

What I'm considering doing is trading in for a ~2 year old low mileage M3 or M4, financed for roughly the same monthly payment I have now. I have never driven an M car, and honestly I'm afraid to because I know I'll love it. I get that this is a personal decision 100%, but what would you do?

You have a great car, especially for DD if thats what youre using it for. Is the M CPO? How much do you care about warranty? I would say test drive the M and see how you feel. If you're using it as a DD and you can see yourself driving it every day go for it. If its a weekend car, even more reason to go with the M.

Just my two cents.

bimmer456 · 03-31-2017, 02:16 PM

Quote:

Originally Posted by goofyboots81

Quote:

Originally Posted by dkirsch78

I'm a '16 340 owner - have had the car for about a year, and I love it. This is my first bimmer, but it won't be the last. I'm currently considering making a move that might be dumb, and would appreciate opinions. My 340 is optioned as follows:
xdrive, m sport, track handling, cold weather, MPPSK, driver assist, driver assist +

What I'm considering doing is trading in for a ~2 year old low mileage M3 or M4, financed for roughly the same monthly payment I have now. I have never driven an M car, and honestly I'm afraid to because I know I'll love it. I get that this is a personal decision 100%, but what would you do?

You have a great car, especially for DD if thats what youre using it for. Is the M CPO? How much do you care about warranty? I would say test drive the M and see how you feel. If you're using it as a DD and you can see yourself driving it every day go for it. If its a weekend car, even more reason to go with the M.

Just my two cents.

This car can be DD and with the fender flares and quad exhaust you will look like a baller at work. I say go ahead and do it! Your exhaust will be even louder as you leave the corporate parking garage than it already is with MPPSK.

anotheran · 03-31-2017, 02:23 PM

Do it! As long as you get some winters too. Chicago has some bad snow sometimes.

goofyboots81 · 03-31-2017, 02:27 PM

Quote:

Originally Posted by anotheran

Do it! As long as you get some winters too. Chicago has some bad snow sometimes.

Side note, how much torque does that BMW M Thermo Mug add to your car? I'm thinking about getting one but I'm afraid of blowing my motor.

bimmer456 · 03-31-2017, 02:29 PM

Quote:

Originally Posted by goofyboots81

Side note, how much torque does that BMW M Thermo Mug add to your car? I'm thinking about getting one but I'm afraid of blowing my motor.

It will improve the center of gravity and increase downforce. Great for cornering and high speed runs.

donkey · 03-31-2017, 02:30 PM

You're probably going to eat a lot of cash on the trade and pay more in insurance.

bimmer456 · 03-31-2017, 02:33 PM

Quote:

Originally Posted by drive335

You're probably going to eat a lot of cash on the trade and pay more in insurance.

It depends on the mileage of the M3 and what it is actually worth should you total it.

goofyboots81 · 03-31-2017, 02:34 PM

Quote:

Originally Posted by drive335

You're probably going to eat a lot of cash on the trade and pay more in insurance.

I wouldn't worry about insurance as much as the trade in, but if he's upgrading to an M I'd be more worried about the maintenance costs in the long run than how much I lose on the trade. In other words, if the amount lost on the trade is an issue I wouldn't do it.

Climb Mode · 03-31-2017, 02:43 PM

A lot of people saying do it.

I have a similarly equipped 340. I assume you got xDrive for a reason. Consider that and the trade off (if you can think of it that way?) for the RWD M car.

enjoythemusic · 03-31-2017, 02:56 PM

Test drive then decide. I test drove the 2017 M4 and decided a used 435i with Dinan upgrades to equal M power was better for my preference / lifestyle. The way powered is delivered / modulated and the steering feel were more to my preference in the 435i with Dinan tweaks (amung other things). So test drive and decide for yourself what works best for you.

anotheran · 03-31-2017, 03:07 PM

Quote:

Originally Posted by goofyboots81

Side note, how much torque does that BMW M Thermo Mug add to your car? I'm thinking about getting one but I'm afraid of blowing my motor.

Only 3lbft... only got 1 "M" on it. My shoes give me a lot more

dkirsch78 · 03-31-2017, 03:37 PM

Quote:

Originally Posted by goofyboots81

You have a great car, especially for DD if thats what youre using it for. Is the M CPO? How much do you care about warranty? I would say test drive the M and see how you feel. If you're using it as a DD and you can see yourself driving it every day go for it. If its a weekend car, even more reason to go with the M.

Just my two cents.

Thanks, I do love my 340. It is a DD, but I'm a low mileage driver in general. The M is not CPO - if it was I feel like it would be more of a no brainer, and honestly that is the main thing that concerns me. You're right though, I should probably just test drive and see how I feel. These cars are pure emotion anyway.

dkirsch78 · 03-31-2017, 03:39 PM

Quote:

Originally Posted by anotheran

Do it! As long as you get some winters too. Chicago has some bad snow sometimes.

I'm actually about to move back to Florida. No more shit winters!

dkirsch78 · 03-31-2017, 03:41 PM

Quote:

Originally Posted by Climb Mode

A lot of people saying do it.

I have a similarly equipped 340. I assume you got xDrive for a reason. Consider that and the trade off (if you can think of it that way?) for the RWD M car.

Yup. xDrive was for Chicago, but I'm ditching that town and heading south.

hollandog · 03-31-2017, 04:17 PM

if you can afford it i don't see why not.

bimmer456 · 03-31-2017, 04:21 PM

Make sure to do a cars and coffee style burnout when you leave work everyday

. As for no CPO, no worries you can get mechanical breakdown insurance or throw caution to the wind, this is an enthusiast car so have fun.

Big Nodge · 03-31-2017, 04:44 PM

Generally speaking, getting rid of a loaded car you just bought a year ago is a bad financial decision. Don't get suckered in by the equal payments, that's money illusion, it's how they want you look at it. Same payment for an older car with higher maintenance costs and insurance, no CPO, and possibly taking a whack on trade-in/resale on your current car is certainly a negative NPV transaction overall. If you can afford it and it's worth it to you, that's your call. Honestly I'd feel better about it if you were selling and getting into a new M3, that would indicate maybe your financial situation had improved, new job, lower expenses, something like that. Level payment swap into an older car feels like squeezing.

Oh, and your 340i w/MPPSK sounds better than an F80!

MuffinMan910 · 03-31-2017, 05:30 PM

If the financials look good, you don't need xdrive anymore and you're happy with the options in the m, then I'd go for it!

bimmer456 · 03-31-2017, 05:41 PM

I say fuck it sell the 340 and get the m550i xdrive so you're covered all seasons. It only cost $75k so about the same as an m3. Nobody drives a bimmer cuz it makes good financial sense lol.

arvi604 · 03-31-2017, 06:16 PM

While it is a poor financial decision, if you can afford it, then life is too short to not do things you want to do. If it was me, I would wait a few years then maybe get a slightly newer F80. The 340 you have as packaged ain't no slouch!

I plan to move on from my F30 328i in the next 3 years and maybe get into an M3 or a newer 340.

03-31-2017, 02:02 PM	#1
dkirsch78 Private First Class 34 Rep 125 Posts Drives: F80 M3 Competition Package Join Date: Mar 2016 Location: Orlando, FL iTrader: (0)	Talk some sense into me I'm a '16 340 owner - have had the car for about a year, and I love it. This is my first bimmer, but it won't be the last. I'm currently considering making a move that might be dumb, and would appreciate opinions. My 340 is optioned as follows: xdrive, m sport, track handling, cold weather, MPPSK, driver assist, driver assist + What I'm considering doing is trading in for a ~2 year old low mileage M3 or M4, financed for roughly the same monthly payment I have now. I have never driven an M car, and honestly I'm afraid to because I know I'll love it. I get that this is a personal decision 100%, but what would you do?
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03-31-2017, 02:23 PM	#5
anotheran Sedan Driver 389 Rep 1,018 Posts Drives: A nice car Join Date: May 2016 Location: Canada iTrader: (0)	Do it! As long as you get some winters too. Chicago has some bad snow sometimes. __________________ Slapping on M Performance parts, ZHP, badges, and stickers does not ///M car make ZCP \| ZHP \| ZTR \| ZE0 \| MSport \| ZMP \| DHP \| MStickerPack \| THP \| MPPSK \| MPPK BMW MSP Lightweight Jacket \| DTM Motorsport Team Cap\| BMW M Drift Cat 5 \| BMW M Thermo Mug
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03-31-2017, 02:30 PM	#8
donkey Captain 464 Rep 716 Posts Drives: 6MT M2 Join Date: Mar 2016 Location: Flavortown iTrader: (0)	You're probably going to eat a lot of cash on the trade and pay more in insurance.
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03-31-2017, 02:43 PM	#11
Climb Mode First Lieutenant 119 Rep 322 Posts Drives: G01 X3 M40i Join Date: Sep 2016 Location: USA iTrader: (1)	A lot of people saying do it. I have a similarly equipped 340. I assume you got xDrive for a reason. Consider that and the trade off (if you can think of it that way?) for the RWD M car.
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03-31-2017, 02:56 PM	#12
enjoythemusic Captain 364 Rep 775 Posts Drives: 2014 BMW 435i Dinan Stage 4 Join Date: Feb 2017 Location: Florida iTrader: (0)	Test drive then decide. I test drove the 2017 M4 and decided a used 435i with Dinan upgrades to equal M power was better for my preference / lifestyle. The way powered is delivered / modulated and the steering feel were more to my preference in the 435i with Dinan tweaks (amung other things). So test drive and decide for yourself what works best for you. __________________ Enjoy the Drive, Steven 2014 435i M-Opt, M LSD, Dinan CAI/IC/BTurbo/Stage 4, ER TIC/CP, GFB DV+, Fabspeed HJS cat DP & Mich PS4S. Last edited by enjoythemusic; 03-31-2017 at 03:33 PM..
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03-31-2017, 04:17 PM	#17
hollandog Major 448 Rep 1,056 Posts Drives: F30 Join Date: Nov 2011 Location: nyc iTrader: (0) Garage List 2016 BMW 340i [9.00]	if you can afford it i don't see why not. __________________ 2016 340i \| Estoril Blue \| Coral Red \| M Sport
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03-31-2017, 04:21 PM	#18
bimmer456 Major General 2966 Rep 6,003 Posts Drives: 340i Join Date: Nov 2016 Location: Pasadena, CA iTrader: (0)	Make sure to do a cars and coffee style burnout when you leave work everyday . As for no CPO, no worries you can get mechanical breakdown insurance or throw caution to the wind, this is an enthusiast car so have fun.
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03-31-2017, 04:44 PM	#19
Big Nodge Lieutenant 383 Rep 584 Posts Drives: 340xi 6MT Join Date: Mar 2016 Location: NH iTrader: (0)	Generally speaking, getting rid of a loaded car you just bought a year ago is a bad financial decision. Don't get suckered in by the equal payments, that's money illusion, it's how they want you look at it. Same payment for an older car with higher maintenance costs and insurance, no CPO, and possibly taking a whack on trade-in/resale on your current car is certainly a negative NPV transaction overall. If you can afford it and it's worth it to you, that's your call. Honestly I'd feel better about it if you were selling and getting into a new M3, that would indicate maybe your financial situation had improved, new job, lower expenses, something like that. Level payment swap into an older car feels like squeezing. Oh, and your 340i w/MPPSK sounds better than an F80!
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03-31-2017, 05:30 PM	#20
MuffinMan910 Lieutenant 135 Rep 524 Posts Drives: 2013 f30 335i xDrive mSport Join Date: Jul 2014 Location: Toronto, Ontario iTrader: (0)	If the financials look good, you don't need xdrive anymore and you're happy with the options in the m, then I'd go for it!
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03-31-2017, 05:41 PM	#21
bimmer456 Major General 2966 Rep 6,003 Posts Drives: 340i Join Date: Nov 2016 Location: Pasadena, CA iTrader: (0)	I say fuck it sell the 340 and get the m550i xdrive so you're covered all seasons. It only cost $75k so about the same as an m3. Nobody drives a bimmer cuz it makes good financial sense lol.
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03-31-2017, 06:16 PM	#22
arvi604 Private First Class 61 Rep 155 Posts Drives: F30 328xi SPORT Join Date: Oct 2016 Location: Vancouver BC iTrader: (0)	While it is a poor financial decision, if you can afford it, then life is too short to not do things you want to do. If it was me, I would wait a few years then maybe get a slightly newer F80. The 340 you have as packaged ain't no slouch! I plan to move on from my F30 328i in the next 3 years and maybe get into an M3 or a newer 340.
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