12-12-2019, 04:38 PM | #683 | |
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PSE can be added. Not manual though. Yes, 5yrs old, but M2 tech isn't exactly earth shattering. |
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12-12-2019, 05:44 PM | #684 | |
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You are fun I have a P-car and I'm still here. Car enthusiasts can appreciate all sorts of makes and models, whether owning one or another or none. ///AVM |
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12-12-2019, 05:52 PM | #685 | ||
Luxury at the redline :)
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Anyways, I honestly wasn't even trying to imply anything about anyone in particular, just saying, me personally, if I had the means, my engine would be in the truck. One sweet day.. What kind of P car you have BTW? I can't see your garage profile from the APP.. |
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12-12-2019, 06:47 PM | #686 | |
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No sarcasm . . . I like your style. Refreshing. I am Porsche Guy, currently driving a 718 CGTS. Love it! M2C the first BMW that ever peaked my interest. Very different than the GTS, despite all the 'comparisons.' ///AVM |
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12-12-2019, 10:47 PM | #687 | |
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///M is art ↔ Artemis
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12-13-2019, 08:14 AM | #688 | |
Luxury at the redline :)
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That stings a little but then I remember BMW said over 70% of their US consumers lease or finance their vehicle, so us "buy now, pay later" folks are in good company.. |
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12-13-2019, 08:57 AM | #689 | |
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I've come across the financial advice, "You shouldn't spend more than ____ % of your gross income on ____." Cars can be an expensive hobby, but they are probably cheaper than younger women or drugs. "It were not best that we should all think alike; it is difference of opinion that makes horse races." -Mark Twain
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12-13-2019, 09:17 AM | #690 | ||
Luxury at the redline :)
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I treat credit as a financial tool and not a declaration of my worth or potential. I'll admit, I don't have all of 85k, liquid, to drop on a car right now but doesn't mean it can't get it done. But if I my grandma heard I spent that much on a depreciating asset, she would spin in her grave for making such a poor financial decision. Seriously, I don't care how well-off one feel that they are, a $1,500 a month car payment, before insurance and expendables is ludicrous, when you lease a Rolls Royce for $2,000. Now, if you can swing it all call cash, good for you! But you shouldn't make judgment on others without fully knowing their perspective on purchasing power. |
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12-13-2019, 09:42 AM | #691 |
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I have no other expenses than my rent, which I split with someone. Put myself through school and paid cash for it all, so the M2 was my 'graduation' gift to myself. I for damn sure didn't (and don't) have $60,000 in cash to blow on a car, but I got a deal, and my financed amount is around 20% of my net monthly income, so I figured it was worth it. I don't see a problem with financing it.
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12-13-2019, 10:50 AM | #692 | |
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An example of my mindset. I spend waaayyyy less on housing than I can "afford". By doing this I'm saving a lot on interest payments. I choose to drive a car that brings enjoyment. Mortgage interest is pissing away money, and so is buying a car beyond basic transportation. Minimize loss in one pool so I can lose it in another, but continue to increase savings. Or try to stay expense neutral so any increase in earnings goes into savings. Example my car payment is going to increase by $500/mo, but I'm going to pay off my student loans and decrease my gas/insurance/tax expenses offsetting the $500/mo. My car payment is now $1500/mo, but I'm still spending the same amount each month that I'm already comfortable with. Financing has been well worth it for a number of years with the market returns that we've had. 20%+ plus returns. Not worth paying off a 70k car at <4% interest rate. By no means am I saying this is the right way. It's just my way and I'm happy with the balance. |
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12-13-2019, 11:08 AM | #693 | |
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12-13-2019, 11:10 AM | #694 | |
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12-13-2019, 12:37 PM | #695 |
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Yeah, I think they have fixed mine a few times now...the mid-pipe clamp design is just not great and it will loosen and cause issues again - I just fixed it again two nights ago
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12-13-2019, 12:39 PM | #696 | |
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Garage; 2020 Raptor, 2011 1M, 2017 M2 PE, 2006 Z4 MC, 2007 Z4 MC, 2001 Spec E46, 2007 GT3
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12-13-2019, 05:27 PM | #697 |
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JUST RELEASE THE DAMN PRICE ALREADY!!
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12-13-2019, 06:30 PM | #698 |
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12-13-2019, 07:02 PM | #699 |
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I got my deposit back already. I'm over it .
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12-13-2019, 08:05 PM | #703 |
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Working on x5 (40i) before years end because the Tax law changes in Illinois. This is the change ——Trade in credit will be capped at 10k:
So today if I trade in 100k car and buy 100k car I pay zero tax. If I try the same thing on January 1st the I would pay tax on 90k. I live in Chicago so I pay 9.5% tax (state, county, Chicago) I have a 2019 x4 that is worth 45k on trade not great considering it stickered at 63k but "niche car .... No one wants x4 etc etc etc """" . I've gotten quotes as low as 38k, 40k , 43k over the past two weeks. I am risking losing out on some decent money if I wait for the CS and then the car is over my upper limit. Which it would mostly likely be. My payoff is actually 49,380. So I would break even. I also have 4250 in rebates and 9.2 discount on a 2020. My big problem is that there are pretty much just leftovers at this point. Cars with 22s that I don't like. Pretty late in the season for winter sets . Tire rack has one option today. Bad dealer lot builds. Also tried my luck at m2 comp. seems like ok deal So I may just sit on the x4 if I don't find a x5 I like within reasonable driving distance . |
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