Are you a 2015+ M3, M4, M5, M6, X5-M, X6-M owner?

01101001 · 12-08-2016, 02:37 AM

Millions of folks wanna know....

What do you do for a living to afford such a car.

I was in a discussion group earlier and someone mentioned that some folks on here are buying new wheels every 2 weeks. Now I'm guessing yall are particular and spending $10k+ on forged HRE, ADV.1, etc.

Myself, I'm a lowly low low six figga man. I work in tech.

I'm sure there are lots of $300k+ people in here... would you like to share a little about what you do that affords you an M3-M6... and heck, some of you own multiple M cars and SUV's simultaneously... so we're talking some bookoo bucks for some of yall.

Are you flipping real estate, running a hedge fund, e.r. doctor, lawyer, restaurant chain owner, trust fund baby, music producer, movie director, bank robber, porn star, trump advisor, building contractor, con artist, rock star, ...

G35POPPEDMYCHERRY · 12-08-2016, 02:48 AM

already a thread on what we do for a living just serach it up....

you can buy anything in america..but that doesnt mean you can afford it

01101001 · 12-08-2016, 02:54 AM

Quote:

Originally Posted by G35POPPEDMYCHERRY

already a thread on what we do for a living just serach it up....

you can buy anything in america..but that doesnt mean you can afford it

Nothing found under "do for a living"
Do you have a link, or suggested keywords?

G35POPPEDMYCHERRY · 12-08-2016, 03:12 AM

Quote:

Originally Posted by 01101001

Nothing found under "do for a living"
Do you have a link, or suggested keywords?

http://f80.bimmerpost.com/forums/sho...ghlight=living

01101001 · 12-08-2016, 12:20 PM

Quote:

Originally Posted by G35POPPEDMYCHERRY

http://f80.bimmerpost.com/forums/sho...ghlight=living

Heh... I wonder why my search didn't give me that... it has that exact phrase in it. In any case, looks like it would have been an ineffective question anyway, as most people's responses were open mic night at the comedy store.

Mr Tonka · 12-08-2016, 12:22 PM

I am a beaver damn code enforcer.

F30lolz · 12-08-2016, 12:28 PM

6 figures WOW! I'm still trying to make 4 figures

sirdaft1 · 12-08-2016, 03:55 PM

01101001 Don't make the mistake of connecting what people drive (where they live/what they wear/share on social media) to what they make or have in the bank account. It's foolish to do so. I began my career in banking and you would be astounded at the disconnect between material possessions and bank accounts. Case in point, I have a buddy who works as a prison guard at a local jail. HS education. $50k/year annual income. Over the past 10 years he has bought and sold 4-5 $50-60k vehicles and has lost 20-30% on each, rolling the negative equity into each new vehicle. My favorite was when I had to talk him out of getting a Maserati. Nice. Nothing like living the millionaire lifestyle on $50k/year.

That said, if you have social skills, perhaps you may want to look into investment wholesaling or pharmaceutical sales. Both of which can be extremely lucrative.

Biorin · 12-08-2016, 05:24 PM

Quote:

Originally Posted by Mr Tonka

I am a beaver damn code enforcer.

Didn't know they had rules and regulations around beavers giving a damn.

Besides, he asked owners of new M cars. He would have asked for Range Rovers if he wanted to hear about poor people.

Teufel_Hunden · 12-08-2016, 05:27 PM

Quote:

Originally Posted by Mr Tonka

I am a beaver damn code enforcer.

I'm a high speed yo-yo operator...

Lups · 12-08-2016, 05:50 PM

Quote:

Originally Posted by 01101001

Millions of folks wanna know....

What do you do for a living to afford such a car.

I was in a discussion group earlier and someone mentioned that some folks on here are buying new wheels every 2 weeks. Now I'm guessing yall are particular and spending $10k+ on forged HRE, ADV.1, etc.

Myself, I'm a lowly low low six figga man. I work in tech.

I'm sure there are lots of $300k+ people in here... would you like to share a little about what you do that affords you an M3-M6... and heck, some of you own multiple M cars and SUV's simultaneously... so we're talking some bookoo bucks for some of yall.

Are you flipping real estate, running a hedge fund, e.r. doctor, lawyer, restaurant chain owner, trust fund baby, music producer, movie director, bank robber, porn star, trump advisor, building contractor, con artist, rock star, ...

I work for 10 hours per day for free, I estimate i earn money from the seven I usually do get to work at enough to pay for an M3/4 even in Scandinavia but since I've had one already, paying triple for it here just isn't my thing.

I'm a stay at home mom. I make about 70k per year after taxes, donate about 60 and with the rest I accumulate to make myself be happy. my kids love the bad music played in my cars (when ever I have one) and that symphony of destruction is the song for the F8x generation according to everyone. My car had lots of issues.

I fuck around with stocks, and it's what I do to keep myself sane, but for the shit I do, I don't get paid but I get to be with my kids.

RickFLM4 · 12-08-2016, 06:33 PM

I am flying back from the Bay Area CA. I don't think the ownership of Ms is anywhere near as curious as how people can afford to live out that way. Anyone that can afford housing in SF or LA can afford an M if they live elsewhere.

Germanauto · 12-08-2016, 07:07 PM

I've found that a lot of truly wealthy people don't even drive very special cars because they understand that wealth doesn't come from investing in depreciating "assets" like cars.

Personally, I would do exactly that if I weren't such a car nut. Unfortunately I will likely lose tens of thousands of dollars in earnings due to my hobby.

pgviper · 12-08-2016, 07:26 PM

01101001 Funny name!

I've always wanted to own a sports car (vette or M) but I just can't justify it. I continue to reinvest in my wife and I business along with other opportunities.

I wonder what the mean/median disposable income of those owning M cars is.

01101001 · 12-08-2016, 08:06 PM

Quote:

Originally Posted by Germanauto

I've found that a lot of truly wealthy people don't even drive very special cars because they understand that wealth doesn't come from investing in depreciating "assets" like cars.

While Warren Buffet is often the go to example in his 20 year old pickup truck, I would have to disagree largely with that sentiment. Most buyers of $250k+ cars aren't living out of them... they already have tens of millions of dollars, so for them, buying a Bugatti is like you buying a 2001 Kia Rio. And when you have tens of millions of dollars, simply dumping that in the stock market is going to buy you a fleet of new cars every year if you choose to do that instead of reinvest.

Now I know I asked about M3+ owners, not Ferrari and Bugatti owners, but I'm just making the point that people buying hugely expensive cars often times already have the rest of their life in order, and the car is nothing to them.

That's why I asked the question. I was curious for honest answers, but instead it's open mike at the comedy store. I'd be curious to know if Subway sandwich workers are driving M3's.

01101001 · 12-08-2016, 08:07 PM

Quote:

Originally Posted by pgviper

01101001 Funny name!

I wonder what the mean/median disposable income of those owning M cars is.

Heh, the name is just a play on digital information. Everything passing through a CPU on every device in the planet... just 1's and 0's.

Yes, i'd be curious too... but that information is only known by BMW Financial, lol.

01101001 · 12-08-2016, 08:08 PM

Quote:

Originally Posted by RickFLM4

I am flying back from the Bay Area CA. I don't think the ownership of Ms is anywhere near as curious as how people can afford to live out that way. Anyone that can afford housing in SF or LA can afford an M if they live elsewhere.

Heh, well... it would be interesting to compare San Fran vs. New York.
I'm sure both have 200 Sq Ft broom closets for $5,000 a month.

01101001 · 12-08-2016, 08:11 PM

Quote:

Originally Posted by F30lolz

6 figures WOW! I'm still trying to make 4 figures

LOL. Are you really young or ?

F30lolz · 12-08-2016, 08:27 PM

Quote:

Originally Posted by 01101001

LOL. Are you really young or ?

38 but I wear my big boy pants everyday

Mr Tonka · 12-08-2016, 08:28 PM

Quote:

Originally Posted by Biorin

Didn't know they had rules and regulations around beavers giving a damn.

Besides, he asked owners of new M cars. He would have asked for Range Rovers if he wanted to hear about poor people.

Sorry, i meant that i was a damn beaver code enforcer.

Expect a notice in your PM regarding your damn beaver.

SakhirM4 · 12-08-2016, 09:09 PM

Quote:

Originally Posted by F30lolz

6 figures WOW! I'm still trying to make 4 figures

Quote:

Originally Posted by 01101001

LOL. Are you really young or ?

I've never made 6 figures in my entire life by myself (with my wife we did) and now that I am retired, I never will. What does age have to do with making 6 figures.

But I have owned 18 BMWs, my home is paid for and I paid cash for my M4. You don't have to make 6 figures to achieve success.

01101001 · 12-08-2016, 09:47 PM

Quote:

Originally Posted by F30lolz

38 but I wear my big boy pants everyday

Well how can you be making less than $10k at 38?
Are you Kato, living in O.J.'s garage?

12-08-2016, 02:37 AM	#1
01101001 Private First Class 58 Rep 103 Posts Drives: 2016 F80 M3 / Black on black Join Date: Dec 2016 Location: West Coast iTrader: (0)	Are you a 2015+ M3, M4, M5, M6, X5-M, X6-M owner? Millions of folks wanna know.... What do you do for a living to afford such a car. I was in a discussion group earlier and someone mentioned that some folks on here are buying new wheels every 2 weeks. Now I'm guessing yall are particular and spending $10k+ on forged HRE, ADV.1, etc. Myself, I'm a lowly low low six figga man. I work in tech. I'm sure there are lots of $300k+ people in here... would you like to share a little about what you do that affords you an M3-M6... and heck, some of you own multiple M cars and SUV's simultaneously... so we're talking some bookoo bucks for some of yall. Are you flipping real estate, running a hedge fund, e.r. doctor, lawyer, restaurant chain owner, trust fund baby, music producer, movie director, bank robber, porn star, trump advisor, building contractor, con artist, rock star, ...
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12-08-2016, 02:48 AM	#2
G35POPPEDMYCHERRY Banned 4999 Rep 4,135 Posts Drives: F80 Join Date: Dec 2015 Location: Philadelphia iTrader: (1)	already a thread on what we do for a living just serach it up.... you can buy anything in america..but that doesnt mean you can afford it
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12-08-2016, 12:22 PM	#6
Mr Tonka is probably out riding. 6062 Rep 2,292 Posts Drives: Something Italian Join Date: Feb 2009 Location: Sweatypeninsula iTrader: (0)	I am a beaver damn code enforcer. __________________ "There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice. -Charles de Secondat"
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12-08-2016, 03:55 PM	#8
sirdaft1 Brigadier General 2251 Rep 3,353 Posts Drives: F85 X5M Join Date: Feb 2013 Location: Chicago West Burbs iTrader: (9) Garage List 2016 BMW X5M [9.00] 2012 BMW X5 35i (SOLD) [9.67] 1989 BMW 325i Track ... [10.00] 2007 E90 WTCC Wideb ... [8.50]	01101001 Don't make the mistake of connecting what people drive (where they live/what they wear/share on social media) to what they make or have in the bank account. It's foolish to do so. I began my career in banking and you would be astounded at the disconnect between material possessions and bank accounts. Case in point, I have a buddy who works as a prison guard at a local jail. HS education. $50k/year annual income. Over the past 10 years he has bought and sold 4-5 $50-60k vehicles and has lost 20-30% on each, rolling the negative equity into each new vehicle. My favorite was when I had to talk him out of getting a Maserati. Nice. Nothing like living the millionaire lifestyle on $50k/year. That said, if you have social skills, perhaps you may want to look into investment wholesaling or pharmaceutical sales. Both of which can be extremely lucrative.
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12-08-2016, 06:33 PM	#12
RickFLM4 Brigadier General 11915 Rep 4,874 Posts Drives: M4 Join Date: Jul 2015 Location: PB County, FL iTrader: (0)	I am flying back from the Bay Area CA. I don't think the ownership of Ms is anywhere near as curious as how people can afford to live out that way. Anyone that can afford housing in SF or LA can afford an M if they live elsewhere. __________________ Current: 2018 SO/SS F83 ZCP Gone: 2015 SO/SO F82
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12-08-2016, 07:07 PM	#13
Germanauto Major General 9849 Rep 6,147 Posts Drives: Alfa Romeo Giulia, Rosso Join Date: Jul 2016 Location: LA iTrader: (0)	I've found that a lot of truly wealthy people don't even drive very special cars because they understand that wealth doesn't come from investing in depreciating "assets" like cars. Personally, I would do exactly that if I weren't such a car nut. Unfortunately I will likely lose tens of thousands of dollars in earnings due to my hobby.
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12-08-2016, 07:26 PM	#14
pgviper Captain 284 Rep 833 Posts Drives: X3m40 Join Date: Apr 2012 Location: Long Island, NY iTrader: (0)	01101001 Funny name! I've always wanted to own a sports car (vette or M) but I just can't justify it. I continue to reinvest in my wife and I business along with other opportunities. I wonder what the mean/median disposable income of those owning M cars is.
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