how can you afford your BMW M3/ > $40,000 sports car?

Discussion in 'OT Driven' started by strangerthanfiction, May 18, 2004.

  1. strangerthanfiction

    strangerthanfiction New Member

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    I've been looking for a used 95 M3 for what seems like forever, just so I can modify.

    Its to the point now though that there are no E36 95 M3s with low miles left to be found really...so I keep telling myself to step up to a 2001 or 2002 M3. Which is going to be mid $40's. It seems like alot of people on this board have pretty expensive cars/spend alot of money on mods, etc.

    HOW the heck can you afford it? Honestly, I could afford maybe $800/month, but my the sane side of me keeps telling me the money is better spent on the 401k/investments.

    Is it that the people on this board are rolling in cash???? Do you just not go out on the weekend or cheapen your lives in other areas?
     
  2. nyuaznguy

    nyuaznguy Member

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    We're all rolling in cash... =)

    Most of the 01 M3's are in the high 30's low 40's range now. If you search out of state you can probably find one around $35K. A plane flight out to say the Midwest will still be cheaper then the premium you'll be paying if you purchase from either a dealer or if you're located in a city area where used car prices are a bit inflated.

    Your monthly payment depends on how much you're willing to put down. I put down nearly half and I don't have to cheapen my weekends and I still go on 3-4 vacations a year. Its all about what your priorities in life are.
     
  3. pLaYIstIcPimP

    pLaYIstIcPimP New Member

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    i can sell you a 95 M3 with low miles on a new engine and tranny both. 99k on the clock. i am not wanting anything NEAR $40k ;)
     
  4. Wizard of Poz

    Wizard of Poz New Member

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    I wouldnt mind a 330 or 540, couldnt afford the M3 or M5.
     
  5. curiousgeorgeM3

    curiousgeorgeM3 naughty little monkey

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    I work hard. Period.
     
  6. nyuaznguy

    nyuaznguy Member

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    No offense, but change the chick in your sig. She's busted =)
     
  7. M4A1

    M4A1 :)

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    :rofl: :ugh:
     
  8. Yop

    Yop Guest

    man the new m3s are sweet jeez
     
  9. black 3g

    black 3g Guest

    you just have to be smart with your finances. find out what you can actually afford, then figure out what you want to pay. take these two numbers and find something in between. if you are trying to figure out whether to invest for the future or buy a new car, id definately suggest the investment option.
     
  10. DiScoTeknix

    DiScoTeknix Guest

    Settle for something in between and get a later year e36. You can find low mileage 97+ for a decent price.

    I would tap that chick so many times. Over and over and over and over again.
     
  11. nyuaznguy

    nyuaznguy Member

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    oh... the new chick is hot.. the previous one was disgusting.. the girl with dress is delicious...
     
  12. strangerthanfiction

    strangerthanfiction New Member

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    YEah, i hear you. I may not have a choice now. I was in a accident Friday, and I may need to get another car, so I'll prolly be springing for a Mcoupe, if I can find a 2001....
     
  13. Jackhole

    Jackhole New Member

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    If you can't buy it cash, you can't afford it.
     
  14. SlowNegative

    SlowNegative Her name is Rio

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  15. ChosenGSR

    ChosenGSR Mama always said you'd be the chosen one

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    :rofl: :hs: :slap:
     
  16. strangerthanfiction

    strangerthanfiction New Member

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    Are you serious or trying to just troll? I guess an argument can made for your point. I guess If you wouldn't be able to come up with the total amount of your loan within days in order to pay for the car, then you probably can 't afford it without major changes to your lifestyle. "sorry guys can't hit the club tonight, gotta save for my car payment" . I see alot of people trying to buy $25000 cars (not even that expensive) whilst making 12-13 an hour. its as if they work to pay for their car....
     
  17. strangerthanfiction

    strangerthanfiction New Member

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    im delisional and am still under the false impression that there are 1995's out there with 30k miles. :slap:
     
  18. jotti

    jotti New Member

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    They're around, but you will be paying top dollar for them. :nono:
     
  19. Bavarian3

    Bavarian3 OT Supporter

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    if u can finance it u can afford it
     
  20. frinky23

    frinky23 Bangle Sackrider

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    :rofl: Tell that to all the people that can't pay for their SUVs gas now that the price is over $2.00 a gallon :rofl:
     
  21. Discrepancy

    Discrepancy Guest

    A guy who lives 3 doors down from me has a MDX and he has to drive his wife's Camry now because he's financing it and he can't pay for the gas and the car at once.
     

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