[johnyj89]

Hello Bimmers

I plan to buy a new car, the current choice would be 2nd hand M2 / M2C or a brand new convertible pony mustang (2.3T). I'm living in Sydney, In australia, M2 and M2C are charged with LCT(luxury car tax), it's more expensive than in other countries.

1. M2/M2C
I'd only buy the m2/m2c sold from dealer.

-M2 2017 LCI with 28,000kms - $80,000 [drive away price, which means it includes the expensive stump duty(car tax)]

-M2C 2018 with 2000kms, Demo car - $94,000 (Drive away price). M2C has 3 year warrianty and 1 year free service covered.

The insurance cost of M2/M2C are same.

My question is that in terms of running cost (Fuel, repaire, maintainese), which car is more cheaper to run for next 5 years?

2. Car Loan

My current salary is $80,000 p.a. after deduct tax and super, i have $60,000 p.a. I does not own a property, I'm 29 years old.

If I take a car loan with 20%-30% balloon payment, is it worth? If it is too stupid, i would go for mustang. My job is stable, My main concern is that the car might be damaged or stolen. Insurance covered it but it would make lots of trouble.

I posted in here because i believe people in here is more real, not some high school kids or unemployed bloke pertending to be car enthusiast in the internet.

*I thought about 2nd 2017 M4, but I assume the running cost for M4 is much more expensive than M2C. The insurance of M4 is also much more expensive than M2C.