[///M TOWN]

Originally Posted by Verdi

I'm 39, will be 40 in October. Don't care much for people with rich parents buying them stuff.

If you can afford one at 20 yo you either have rich parents or are a criminal. ;-)

Or smarter than the average Joe.

Average millennial still lives with the rents.

And drives a nicer car then their parents do, instead of paying rent.

[mtoosexy]

Originally Posted by ///M TOWN

Or smarter than the average Joe.

Average millennial still lives with the rents.

And drives a nicer car then their parents do, instead of paying rent.

yup, I know 2 that fit that exact statement.

[Rupes]

Originally Posted by ///M TOWN

Or smarter than the average Joe.

Average millennial still lives with the rents.

And drives a nicer car then their parents do, instead of paying rent.

Yeah, really smart investing in a depreciating asset before you can even afford your own place.

[///M TOWN]

Originally Posted by Rupes

Yeah, really smart investing in a depreciating asset before you can even afford your own place.

Agreed.

[MZWIE]

Age does not matter. Only buy the damn thing if you can afford it. No rents. No loans. Live in your own house (not a rental)

Take care of the important things first. Cars are not that important.

[bummie]

Originally Posted by Coulson T

I'm 73... had a bunch of cars over the years.. Last a C7 Corvette..waiting for a MG M2 and can't wait to get it out and broken in so I can spend some time on the track..I too expect to go out with my foot on the gas..Never to old to be a teenager....

I'm two years from 80 and like Carroll Shelby, I'll be a car nut 'til they put me away forever. I go to the track a couple of times a year and enjoy the hell out of it. The M2 is one of the most fun cars I've ever owned.

[NEfan508]

Originally Posted by ///M TOWN

Or smarter than the average Joe.

Average millennial still lives with the rents.

And drives a nicer car then their parents do, instead of paying rent.

36 here, My 6th Bmw, first was @ 19 2002 330Xi no drug dealing here or rich parents just waking up @ 5am and doing good work

to young for a loaner car @ the time lol but they could've financed me?

My insurance was $400 a month

[Robin_NL]

49y.o.

This is my 12th BMW, my 5th //M and 2nd M2.

Cheers
Robin

[grl.racr]

Originally Posted by Rupes

Yeah, really smart investing in a depreciating asset before you can even afford your own place.

You’ll inherit the house eventually anyways

Not me, but I know quite a few people around Toronto area (very high cost housing) that live with parents well into 30s and 40s.

[thirdM]

We pick up our 2020 M2C in Munich on Sept 4. Plan to spend my 70th birthday driving the passes. Manual transmission of course!

[akkando]

Originally Posted by metrickid

That is mostly down to the cost of the car. In general younger people have less money to spend and want a cheaper car. It is also smaller and that might be problem for older people (30+) that might have a family etc.

Older people remember when cars were smaller though.

[akkando]

Originally Posted by Rupes

Yeah, really smart investing in a depreciating asset before you can even afford your own place.

I rent and I bought the car because housing is too expensive here to buy, but cars cost the same. I can afford to buy a home cash pretty much anywhere I want besides this market. Saving doesn't help me buy here because the homes appreciate faster than I can save where I live. If I stretched to buy I would have to sell all my investment and all my eggs would be in one basket which seems too risky.

I wouldn't even consider living in a house here less than 1.5m Everything less than that is a dump. I make a good salary though relative to most in the US, and I'm a good saver. Either I'll move and easily afford a nice home or my GF will cash out we'll get married and be able to afford what we want.


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