11-13-2016, 12:57 AM | #45 | |
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But don't worry, it's normal. See the front part of your brain, called the pre-frontal cortex, doesn't fully develop until you're about 25 and it's the part that's involved in making good decisions. That's why you're so prone to doing stupid shit. So the trick is to stop listening to that part of yourself - but you may not be strong enough to overcome it. It's mostly genetics that'll determine that. I gotta say, watching you self-implode makes me cringe but, just like a train wreck, it's hard to look away. |
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MFNATIK3525.50 |
11-13-2016, 01:10 AM | #46 |
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I bought an E92 M3 in cash around your age. Honestly it was one of the biggest mistakes of my life. Looking back I could've done so much more with all that money. Yeah life was great being 20 and driving around in a $70-80k car but it gets really boring really quickly.
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thegump73.50 |
11-13-2016, 01:50 AM | #47 |
i can haz horsepowr ??
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You're 20. 20. Two zero. What the hell.
Put it this way - you're on a date with a beautiful woman, and you're doing everything you're supposed to. She's into you, and you know she's willing to spend the night with you. The valet pulls your car around, and she's even more impressed with your M3/M4. But what happens when she offers to spend the night with you? "Oh yeah, sure! I live with my mom and dad though, so.. hope you're cool with that." Nope. Save your money first, and buy a house/condo/apartment/any means of living that isn't your parent's place. It is both a wise financial decision (as having equity always is) and a lot more appealing to women when you're able to say that you live on your own. A woman (note: woman, not girl) will be far more impressed by your house, a beat up car, and your ability to be a self reliant man than she will be by your flashy sports car and nothing else. The latter shows a lack of maturity and an inability to make smart/wise choices. Putting something that's superfluous (let's face it, our cars are superfluous) ahead of something that's a necessity shows that lack of maturity. We can all understand your desire to have one, as we all have it too, but given your current situation - it is far more wise to invest that money into something else.
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11-13-2016, 09:29 AM | #49 |
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It doesn't matter. You're still looking at a $1k payment (...more or less) either way you slice the pie. Listen to what people here are telling you. Much of the advice comes from personal experience. I can understand your ambition, but you'd be better off saving that money. With that said, I can already sense that the advice is falling on deaf ears based solely on your responses. You are too concerned about what other people have, so that will drive your decisions. Here's my alternative advice: save for 12 months before you buy your car. Bank half of what you make toward your car fund and the other half toward your savings (...less your monthly expenses), and in a year you'll likely have at least $24k in your car fund and you won't need a co-signer. That amount of money on a USED '15 M3/M4 will leave you in a position where your car payment will be relatively affordable and you'll only have to finance +/- $25k. Saving for 12 months with that specific goal in mind is also an exercise in patience, provides you an attainable goal to reach for, will present an opportunity to confirm income stability, and you'll be able to reevaluate your priorities next Nov/Dec and decide whether buying the car is a good idea. On top of that, you'll be able to move out too. It's a win-win. Who knows!?!?....By then you may not even want the F8X anymore, and you'll be glad that you didn't commit to an impulse buy. You'll also have over $40k in the bank. At 21, that's a great head start.
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ACZakka325i283.00 MadZarBMR715.50 |
11-13-2016, 09:29 AM | #50 |
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Kevin, screw the haters. Go get the car man. Forget the advice here. You live once. It will be awesome!
Disclosure: "can I afford it?" are my favorite type of threads. In this case, not only can you not afford it. You can't afford to shop for it.
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11-13-2016, 09:45 AM | #51 |
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Must be a millennial thing.
Hate to burst your bubble, but in the real world, there's a LOT wrong with living with your parents at 20. Move out, get a shitbox car and save up for an M car. It will help build character that you're going to need later in life. But no matter what you do, never ever lease/buy a Toyota L-series...err, sorry...Lexus. |
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11-13-2016, 10:17 AM | #52 | |
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I really don't understand your mentality at all. I just turned 30 this year and I couldn't wait to leave my parent's home when I was 18. Nothing my parents did bad that made me want to leave, they just raised me to have ambition. I wanted to be my own man, a drive you definitely don't have, which is quite embarrassing I must say. Plenty more to life than nice cars man. I got my M3 at 29, just like you it was a dream car. Wanted the E46 but knew I couldn't afford it. Wanted the E92, but it would eat into a lot of my play money, and now I'm in a position making a lot more money than you do and that's when I finally pulled the trigger on an M3. Have you even paid taxes on this income you're earning? I'm curious. Either way, you're going to do whatever you really want. Just know, living at home with an M3 is embarrassing. Last edited by ElSenor; 11-13-2016 at 10:24 AM.. |
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11-13-2016, 10:55 AM | #53 |
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So your 20 years old and making $60,000 a year?
My advice to you is spend your money on women. Move out. Get a nice bachelor's pad. You can still get some great cars too. Examples: Mazda 3, Ford Focus, Honda Civic, VW Golf (maybe even a GTI) Buying an M3 when you're only making $60,000 a year while still living at home with your parents is beyond idiotic.
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11-13-2016, 11:00 AM | #54 |
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Needing a co-signer to buy something is the first red flag that you should not do it. If I was your dad, I would never cosign on this. Especially if you refused to show me your bank account.
Did/do you go to college? I can't kill you for living at home at 20, that's not a big deal, but now is not the time to blow your income on a car. Trust the advice in this thread. Lots of smart people here who are successful enough to be able to properly afford these cars. |
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11-13-2016, 11:13 AM | #55 | |
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This is 80 year old Kevin, What the fuck just happened? |
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MKSixer34158.50 |
11-13-2016, 11:18 AM | #56 |
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This is 40 year old Kevin: Time travel. Muthafucking time travel bro.
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11-13-2016, 11:27 AM | #57 |
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Troll thread, it has to be.
If it is not, I love how this kid thinks $60K a year is a lot of money, even living at home. So you make $5K a month, after taxes you have 3-3.5. After insurance you have 3K take home. - your M payment now you have $2K. After gas now you have about 1750. Go for it man, you are clearly in an awesome position in your life. It's an awesome idea, I am being serious. |
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mpizutti606.50 |
11-13-2016, 11:32 AM | #58 |
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Hey 20 yr old Kevin, I say stay with your parents until about 25 to save up and buy a condo or home. You are only 20, no need to move and financially kill yourselves if your parents don't mind you staying. Lease something reasonable right and now and save your dough. These cars will be available later on at much cheaper price.
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11-13-2016, 12:28 PM | #60 |
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11-13-2016, 01:04 PM | #61 | |
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11-13-2016, 01:32 PM | #62 | |
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11-13-2016, 01:35 PM | #63 | |
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Hate to admit it but the whole snapchat thing YOU have correct lol. Sad to say but no I'm starting to realize what's important and worth it and what's not but this M3 is in the way |
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11-13-2016, 01:37 PM | #64 | ||
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11-13-2016, 01:37 PM | #65 | |
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Last edited by Kevin__; 11-13-2016 at 02:28 PM.. |
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11-13-2016, 01:40 PM | #66 | ||
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