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Originally Posted by ward
if you're living with your parents 2 years out of college to "save money" why are you buying a new car?
everyone's situation is different, maybe you're needed at home to help with elderly parents or something and I'd commend you for that. Outside of that, I think most would rather have their own place and an 04 Audi, than still be at home with an 06 BMW
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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....