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Originally Posted by BMW786
I think it depends where you are in your life. I also just graduated from college last year and started a well-paying job. I would rather buy a new BMW than invest that money in a house. It may not be the most "practical" thing to do, but buying a car is an emotional buy - it can't be quantified in just dollars and cents.
I'm still living at home, but I contribute to the household expenses every month...I mean, if you're getting married, want to start a family, then yes I would see the need to buy a house and move out, but I'm still young and single. If I went the other route, who knows when I would be able to afford a BMW....
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Not knocking you, but you're very much
in a
youthful state of mind.