BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      11-23-2016, 11:16 PM   #155
MKSixer
Lieutenant General
MKSixer's Avatar
34159
Rep
11,637
Posts

Drives: 2015 BMW i8, E63 M6, 328d
Join Date: Jun 2015
Location: Southeast United States

iTrader: (0)

Garage List
2016 M4 GTS (Allotted)  [0.00]
2013 BMW 328d  [0.00]
2007 BMW M6  [10.00]
2015 BMW i8  [10.00]
I'll go against most of the advice in this thread.

Save for 6 months, do a 1 pay lease and drive the car. Stay at your parents home until you finish school if you are still in school as you earn money. If you need privacy rent a room at Residence Inn for the weekend. You'll be ahead of the game.

There are people who will scoff at this advice but my brother had a stroke in the prime of his life as he was approaching the top of his game. He survived but has a right side deficit.

Tomorrow is not promised. It must be prepared for but it is not promised.
__________________
Several actors have played James Bond, Sean Connery IS James Bond...
Sir 7ewis, 7X FIA Formula One World Championship, World Driving Champion. 100 Wins. 101 Pole Positions. 54 Fastest Laps. Actual Rain Master. Leave me to it, Bono. One Race Win in each of his 15 years in F1. Most Laps Led in Formula One. The Centurion.
Appreciate 1
      11-23-2016, 11:27 PM   #156
tec333
Private First Class
88
Rep
199
Posts

Drives: 2013 M5
Join Date: May 2016
Location: SoCal

iTrader: (1)

Quote:
Originally Posted by Kevin__ View Post
UPDATE: This wasn't a damn troll. I really do work from home and about the M3 I decided to just wait letting my bank add up then I will make my move. When I do I plan to find someone on here that lives in Miami and having them go with me to talk numbers.
Best of luck...update us on this thread when u make ur move.
Appreciate 0
      11-24-2016, 07:56 AM   #157
Liquid2.0T
Lieutenant
409
Rep
594
Posts

Drives: It used to be a BMW...
Join Date: May 2009
Location: Miami, FL

iTrader: (0)

Miami - all flash no cash.

<-- I know, because location =\.
Appreciate 0
      11-24-2016, 10:49 AM   #158
PoorLurker
Custom User Title
PoorLurker's Avatar
No_Country
1139
Rep
675
Posts

Drives: a bicycle
Join Date: May 2015
Location: Orange County, CA

iTrader: (0)

Quote:
Originally Posted by Liquid2.0T View Post
Miami - all flash no cash.

<-- I know, because location =\.
So Miami is basically like the city version of Instagram?
Appreciate 0
      11-24-2016, 12:28 PM   #159
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by MKSixer View Post
I'll go against most of the advice in this thread.

Save for 6 months, do a 1 pay lease and drive the car. Stay at your parents home until you finish school if you are still in school as you earn money. If you need privacy rent a room at Residence Inn for the weekend. You'll be ahead of the game.

There are people who will scoff at this advice but my brother had a stroke in the prime of his life as he was approaching the top of his game. He survived but has a right side deficit.

Tomorrow is not promised. It must be prepared for but it is not promised.
Sorry to hear about your brother.. Also 6 months was the wait because I am currently adding another stream of income starting another business so that will be my main focus. Excatly what you said was my plan except not 1 pay lease because idk what that is. I was gonna lease the car FIRST I have to find someone that knows about leasing to come with me. Then after I get the car I move out and thats that so people can get off my ass because I live with Family .
Appreciate 1
MKSixer34158.50
      11-24-2016, 12:30 PM   #160
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by Liquid2.0T View Post
Miami - all flash no cash.

<-- I know, because location =\.
LMAO Not me but since you live here you know then. Since you live in Miami I might have to contact you when it comes time to get my M3 since you know what you are doing. I Just dont wanna get rapped when it comes to payments..
Appreciate 0
      11-24-2016, 01:18 PM   #161
sygazelle
Brigadier General
14121
Rep
3,466
Posts

Drives: 2014 328i M-Sport, 2019 X5 40i
Join Date: Sep 2010
Location: San Francisco

iTrader: (0)

Quote:
Originally Posted by Kevin__ View Post
UPDATE: This wasn't a damn troll. I really do work from home and about the M3 I decided to just wait letting my bank add up then I will make my move. When I do I plan to find someone on here that lives in Miami and having them go with me to talk numbers.
This has been the most interesting thread. I just want to make a couple of observations:

- good for you for reaching out to the forum members for advice. Most of us have been in your shoes and it is pretty cool that you took the time to even give a shit what we have to say. At 20, I never would have done that.

- you have been amazingly calm with your responses. Typically what happens is the "what should I do" posts are by OPs that want validation and when somebody disagrees with them they go off on them for giving advice. You've not done that.

Whatever you decide to do, good luck!
Appreciate 1
MKSixer34158.50
      11-25-2016, 02:35 AM   #162
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by sygazelle View Post
This has been the most interesting thread. I just want to make a couple of observations:

- good for you for reaching out to the forum members for advice. Most of us have been in your shoes and it is pretty cool that you took the time to even give a shit what we have to say. At 20, I never would have done that.

- you have been amazingly calm with your responses. Typically what happens is the "what should I do" posts are by OPs that want validation and when somebody disagrees with them they go off on them for giving advice. You've not done that.

Whatever you decide to do, good luck!
Yea I respect my "elders" I haven't been disrespected by anyone on here. Just honest/blunt/straight forward ANSWERS from experience people. All happy over here Happy ThanksGiving btw
Appreciate 2
MKSixer34158.50
MadZarBMR715.50
      11-25-2016, 09:32 AM   #163
MKSixer
Lieutenant General
MKSixer's Avatar
34159
Rep
11,637
Posts

Drives: 2015 BMW i8, E63 M6, 328d
Join Date: Jun 2015
Location: Southeast United States

iTrader: (0)

Garage List
2016 M4 GTS (Allotted)  [0.00]
2013 BMW 328d  [0.00]
2007 BMW M6  [10.00]
2015 BMW i8  [10.00]
Kevin,

Here is a quick primer on leasing.

http://www.leaseguide.com/lease06/

Good luck-mk
__________________
Several actors have played James Bond, Sean Connery IS James Bond...
Sir 7ewis, 7X FIA Formula One World Championship, World Driving Champion. 100 Wins. 101 Pole Positions. 54 Fastest Laps. Actual Rain Master. Leave me to it, Bono. One Race Win in each of his 15 years in F1. Most Laps Led in Formula One. The Centurion.
Appreciate 0
      11-26-2016, 10:18 PM   #164
Liquid2.0T
Lieutenant
409
Rep
594
Posts

Drives: It used to be a BMW...
Join Date: May 2009
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by PoorLurker View Post
So Miami is basically like the city version of Instagram?
There are so many Instagram celebrities here its not even funny. But they roll 5-6 deep in a one bedroom condo. It's all about dat life...

To the OP:
$5K a month pre or post tax isn't enough to justify this car. Focus on school, get a degree, buy a place or invest actively in your future. What really turns people on is seeing that you have your shit together, not what kind of car you drive. If you have your life in order (e.g., finances, relationships, career) then consider getting the car.
Appreciate 0
      11-26-2016, 10:40 PM   #165
Sedan_Clan
Law Enforcer
Sedan_Clan's Avatar
Brazil
27132
Rep
22,712
Posts

Drives: '22 Chalk Gray Porsche C2S
Join Date: Jun 2006
Location: ..in your rearview!!!

iTrader: (26)

Quote:
Originally Posted by Liquid2.0T View Post
Quote:
Originally Posted by PoorLurker View Post
So Miami is basically like the city version of Instagram?
There are so many Instagram celebrities here its not even funny. But they roll 5-6 deep in a one bedroom condo. It's all about dat life...

To the OP:
$5K a month pre or post tax isn't enough to justify this car. Focus on school, get a degree, buy a place or invest actively in your future. What really turns people on is seeing that you have your shit together, not what kind of car you drive. If you have your life in order (e.g., finances, relationships, career) then consider getting the car.
The OC and LA are full of "dem liferz" too. It's nuts!
Appreciate 1
MFNATIK3525.50
      11-27-2016, 03:45 AM   #166
ErkanTR16
64-bit
ErkanTR16's Avatar
United_States
616
Rep
823
Posts

Drives: 2018 BMW 340i xDrive
Join Date: Aug 2015
Location: Maryland

iTrader: (0)

Garage List
It's not about buying an BMW. It's about being able to pay the Monthly Bill every fucking Month. You should also know the differences in between a "Need" and "Want" this will make decisions lot easier for you. Bank and Insurance will rape the shit out of you/your wallet every possible way. Nothing personal just sharing my thoughts. Good luck.
Appreciate 0
      11-27-2016, 05:47 PM   #167
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by Liquid2.0T View Post
There are so many Instagram celebrities here its not even funny. But they roll 5-6 deep in a one bedroom condo. It's all about dat life...

To the OP:
$5K a month pre or post tax isn't enough to justify this car. Focus on school, get a degree, buy a place or invest actively in your future. What really turns people on is seeing that you have your shit together, not what kind of car you drive. If you have your life in order (e.g., finances, relationships, career) then consider getting the car.
Yea I know im getting into another business to add to my income stream so it has to wait either. Gonna invest my time and money into it and will look to get a M3 for MY18.
Appreciate 0
      11-27-2016, 06:15 PM   #168
PoorLurker
Custom User Title
PoorLurker's Avatar
No_Country
1139
Rep
675
Posts

Drives: a bicycle
Join Date: May 2015
Location: Orange County, CA

iTrader: (0)

Quote:
Originally Posted by Liquid2.0T View Post
There are so many Instagram celebrities here its not even funny. But they roll 5-6 deep in a one bedroom condo. It's all about dat life...
Quote:
Originally Posted by Sedan_Clan View Post
The OC and LA are full of "dem liferz" too. It's nuts!
Yea - I see it all the time on IG. The funniest thing is when you can see through their fake life.

People trying to flaunt left and right about their designer goods, "expensive" car, expensive meals, trips, etc... However, slowly but surely (don't call me shirley) one can find out the truth if he/she digs around enough. (and yes, there are legitimate ballers out there)


however, with the recent influx of people from Mainland China, they are the real deal, haha.

Doesn't take much to portray a fake lifestyle with most things mentioned above, however, it's hard for the average person to afford a Ferrari, Lambo, or McLaren- leased or not like I see many 20 year olds from UCI doing.
Appreciate 0
      11-27-2016, 07:05 PM   #169
Delta0311
Banned
7488
Rep
10,119
Posts

Drives: 2011 BMW 335xi E92 2016 228xi
Join Date: Apr 2009
Location: NJ

iTrader: (1)

Quote:
Originally Posted by Kevin__ View Post
This is my second thread on the bimmer post not sure though if this is the right spot to post so sorry in advance. Okay so here is my situation the F80 is my dream car have been wanting this car since the 2015 version came out. So I'm 20 years old and FOR the past few months I have been making over 5k+ a month working online(still work part time offline). I DONT own a car now I use my parents. I live with them as well. So my question is should I lease a Lexus for 2 years then just get out of it once a year hits to get a M3? The reason I say this is because trying to convince them to co sign a 80k plus car is gonna be hard unless I show them my bank account. I'm sure if I lease a Lexus I can convince them to do that because it's cheaper then by the time I want a M3 I won't need one......

Not that this matters but what made me come up with this idea is the fact that my friend is like the same age or 19 owns a 14 M5 lives with his parents and works at a supermarket idk how he got that to happen but it happen. The paying 1k plus for the car a month won't be a problem it's the co signer part. Thanks in advance and again sorry if this isn't the right place to post.

Getting a M3 at your age is moronic and I hope your parents aren't morons who are willing to consign on this disaster. IF your fiend does own an M5 then his parents are making at least half the payments because there is no way on Gods green Earth he can afford to make payments on it, on a supermarket employees salary
Appreciate 0
      11-27-2016, 08:11 PM   #170
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by Delta0311 View Post
Getting a M3 at your age is moronic and I hope your parents aren't morons who are willing to consign on this disaster. IF your fiend does own an M5 then his parents are making at least half the payments because there is no way on Gods green Earth he can afford to make payments on it, on a supermarket employees salary
It's not dumb if I can afford it but like I said I'm starting a new business so I should be able to get MY18. And about my friend his car is paid off already it's a 2014....
Appreciate 0
      11-27-2016, 08:31 PM   #171
Delta0311
Banned
7488
Rep
10,119
Posts

Drives: 2011 BMW 335xi E92 2016 228xi
Join Date: Apr 2009
Location: NJ

iTrader: (1)

Quote:
Originally Posted by Kevin__ View Post
It's not dumb if I can afford it but like I said I'm starting a new business so I should be able to get MY18. And about my friend his car is paid off already it's a 2014....
Ok 19 year old working at a supermarket paid off a 2014 M5 ON HIS OWN. Let me grab my popcorn this is comedy gold here. FYI my 17 year old nephew just paid of his 2015 Veyron he did it on his artist salary. Yeah he's a sandwich artist at Subway, kid can create masterpieces with some ketchup, mayo, and a bun.
Appreciate 2
upstatedoc7540.50
sirdaft12250.50
      11-27-2016, 08:42 PM   #172
Aatish
Lofty
Aatish's Avatar
3476
Rep
849
Posts

Drives: i4 M50, 991.2 C2, RRS Diesel
Join Date: Dec 2013
Location: ORD <> ATX

iTrader: (0)

Please tell me you know the difference between tie rods and rod bearings.
Appreciate 0
      11-27-2016, 08:43 PM   #173
Aatish
Lofty
Aatish's Avatar
3476
Rep
849
Posts

Drives: i4 M50, 991.2 C2, RRS Diesel
Join Date: Dec 2013
Location: ORD <> ATX

iTrader: (0)

If you're starting a business, spending potential capital on a depreciating asset is not the way to go...unless you're starting a car tuning business or express delivery business...
Appreciate 0
      11-27-2016, 08:46 PM   #174
Sedan_Clan
Law Enforcer
Sedan_Clan's Avatar
Brazil
27132
Rep
22,712
Posts

Drives: '22 Chalk Gray Porsche C2S
Join Date: Jun 2006
Location: ..in your rearview!!!

iTrader: (26)

Quote:
Originally Posted by PoorLurker View Post
Quote:
Originally Posted by Liquid2.0T View Post
There are so many Instagram celebrities here its not even funny. But they roll 5-6 deep in a one bedroom condo. It's all about dat life...
Quote:
Originally Posted by Sedan_Clan View Post
The OC and LA are full of "dem liferz" too. It's nuts!
Yea - I see it all the time on IG. The funniest thing is when you can see through their fake life.

People trying to flaunt left and right about their designer goods, "expensive" car, expensive meals, trips, etc... However, slowly but surely (don't call me shirley) one can find out the truth if he/she digs around enough. (and yes, there are legitimate ballers out there)


however, with the recent influx of people from Mainland China, they are the real deal, haha.

Doesn't take much to portray a fake lifestyle with most things mentioned above, however, it's hard for the average person to afford a Ferrari, Lambo, or McLaren- leased or not like I see many 20 year olds from UCI doing.
The old Chinese mafia money. Ohhhhh what I've learned the last few years about what goes on behind the scenes.
Appreciate 0
      11-27-2016, 08:50 PM   #175
Aatish
Lofty
Aatish's Avatar
3476
Rep
849
Posts

Drives: i4 M50, 991.2 C2, RRS Diesel
Join Date: Dec 2013
Location: ORD <> ATX

iTrader: (0)

But we all want things in life.

Lease is probably your way to go, if you want a new one. If you can live with yourself driving a used car, find a CPO, finance, MAKE PAYMENTS, and build credit.

A good credit score at a young age will help you out a lot, especially with starting a business.
Appreciate 0
      11-28-2016, 01:12 AM   #176
Kevin__
Enlisted Member
42
Rep
31
Posts

Drives: N/a
Join Date: Oct 2016
Location: Miami Fl

iTrader: (0)

Quote:
Originally Posted by Aatish View Post
But we all want things in life.

Lease is probably your way to go, if you want a new one. If you can live with yourself driving a used car, find a CPO, finance, MAKE PAYMENTS, and build credit.

A good credit score at a young age will help you out a lot, especially with starting a business.
I am gonna lease when the 2018 version comes out. I do NOT live alone not yet anyways and I am already starting to build credit just need something major to put on it. And about the business what I should have said is I'm getting into a new online business to add a second income stream....
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:02 PM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST