How did you afford your BMW?

whilechukwuzout · 07-26-2012, 02:26 AM

So howd you do it? Hard work? Luck? Saving? Marry the right person? Spare no details. No judgement here either. Driving a BMW is not the status quo, and Im curious to see how we all wound up here.

My story: I worked my ass off as a contractor at my job, and after what seemed like an eternity, I was finally offered a full-time position. My savings from that, plus a little money I made from a wise (alright.... lucky) investment, afforded me my 335 :-)

Oggie335i · 07-26-2012, 02:48 AM

Hard working electrician

MasterWang · 07-26-2012, 03:28 AM

-handed down 99 Toyota Camry when I turned 16
-parents bought older brother 350z a years later (was MY dream car at the time)
-spent the next 3 years secretly crying from jealousy
-Camry got too old and started to fall apart
-started looking for a used g37 coupe (yes I did use the "You got him a 350z so you HAVE to get me a nice car too..................or i WILL assume you love him more")
-found a lot of g37 vs 335i reviews online, eventually switched over to the BMW.
-Cousin who works at a Nissan dealership found me a used 335i in GREAT condition ($27k)
-a week later......drove onto my driveway with my 335i :]

Parents are paying half of the payment. Working my butt off as a barista to pay the other half.....and a few mods every once in awhile

J02 335i · 07-26-2012, 04:27 AM

Making payments on the majority of the amount, I'm going to assume this is how the vast majority of people afford cars these days.

scflaw · 07-26-2012, 04:39 AM

i dance at the local hooters, is that what you want to hear?

p.s i don't dance at the local hooters and i'm a guy so thats a major turnoff to business

=)

Dark_Knight_335 · 07-26-2012, 04:48 AM

Quote:

Originally Posted by scflaw

i dance at the local hooters, is that what you want to hear?

p.s i don't dance at the local hooters and i'm a guy so thats a major turnoff to business

=)

Nice.

johnnyg238 · 07-26-2012, 04:49 AM

Went to college, got into medical school, 4years of intensive study followed by 3 years of residency and 2 more years of fellowship in my specialty. BMW was my dream car from the age of 9 and rather than have my parents buy one for me or stretch to own one early on I waited till I could pay for it myself as a reward. 2 months into private practice walked into a dealership and drove out with my reward to myself for all the hard work over the past decade. Makes me smile every time I drive it

PS. I traded in a 97 honda accord that I was almost embarrassed to drive into the dealership.

John 070 · 07-26-2012, 04:52 AM

OP do you know the meaning of status quo?

Besty · 07-26-2012, 05:23 AM

I have similar stroy to the "123123" guy xD
But, my parents paying the half and I am paying the other half from college allowance.

Skynet01 · 07-26-2012, 05:32 AM

Working as a seaman,engineer

AddictedToBavarian · 07-26-2012, 06:43 AM

Climbing poles and it sucks.

dd243372 · 07-26-2012, 07:04 AM

Quote:

Originally Posted by J02 335i

Making payments on the majority of the amount, I'm going to assume this is how the vast majority of people afford cars these days.

Used my tax return for the down payment...my sister(because my credit is shit) was my co-signer. And making monthly payments for the next 5 years.

fooledyas · 07-26-2012, 07:17 AM

DINK

335coupe2007 · 07-26-2012, 07:26 AM

I work in education. I assist individuals who are looking to return to school to further their education. I.e associates,bachelors, masters, Ph.D... Wifey has her bachelor in nursing and works at two hospitals in their step-down ICU unit... So between our incomes, saved up- placed a downpayment and got my baby... We just found out she's pregnant with TWWWWINZZ, so now we are trying to figure out what's a good SUV... Shoot me if I end up with a mini-van. Haha

Xwahoo · 07-26-2012, 07:33 AM

I waited until I was 60 (and still working as construction project manager but kids through college and gone, etc.) and still financed 80% of the purchase. But I got my dream car (black 3 series) and because I waited so long, I got 300 HP to boot! I don't regret a thing . . .

burtface · 07-26-2012, 07:39 AM

Bought and paid-off an '08 Honda Civic Si that turned-out to be a lemon. After a long 10-month battle against Honda, I won the lemon case. Received a big check from Honda, bought a used '06 330i with cash in hand and still pocketed 6k!

monza2t · 07-26-2012, 07:44 AM

Im 40 y.o. engineer. Im frugal on my purchases and always get a smokin deal because I wait until only smokin deals come along rather than impuse buy (and yes its hard to resist the impulse).

I could have paid cash for my 328, but financing was cheaper (3.25% finance, while my $19k is making 8% in a mutual fund, money bein' made.) On top of that, if I had to, I could sell my car at a profit today. That wont be the case in about a year or so.

Sara504 · 07-26-2012, 07:46 AM

I have a job.

upstatedoc · 07-26-2012, 07:50 AM

Quote:

Originally Posted by Sara504

I have a job.

t1mmy · 07-26-2012, 07:51 AM

College -> Job -> Saved

0.9% financing during the '08 downturn

dmatre · 07-26-2012, 08:02 AM

Worked and waited 'till I could afford it.

Drove: Datsun, Acura, Chevy, Jeep, Ford, Honda, Nissan & MB before getting the BMW.

It's only a car, and in 8-10 years, it'll be on the same scrap heap with every other make.

There's more to life than just cars, so no need to risk your finances to drive a nice car.

e92oholic · 07-26-2012, 08:06 AM

bought this cool thing online to program keys. I just pick out a new one every week

07-26-2012, 02:26 AM	#1
whilechukwuzout Private Drives: 09 E92 N54 Join Date: Jun 2011 Location: South Bay Area Posts: 94 iTrader: (0)	How did you afford your BMW? So howd you do it? Hard work? Luck? Saving? Marry the right person? Spare no details. No judgement here either. Driving a BMW is not the status quo, and Im curious to see how we all wound up here. My story: I worked my ass off as a contractor at my job, and after what seemed like an eternity, I was finally offered a full-time position. My savings from that, plus a little money I made from a wise (alright.... lucky) investment, afforded me my 335 :-)
	0 Tweet

07-26-2012, 04:27 AM	#4
J02 335i Lieutenant Colonel Drives: E90 335i Join Date: Aug 2010 Location: Ontario Posts: 1,538 iTrader: (0)	Making payments on the majority of the amount, I'm going to assume this is how the vast majority of people afford cars these days. __________________ Sport pack, JB3, Dci, factory oil cooler, 18" M3 reps, Michelin PSS, painted trim, black grills, smoked side markers, LED plate lights, H&R coils, muffler delete
	0

07-26-2012, 07:26 AM	#14
335coupe2007 Yezzsur. Big it up. Go Lakers. Drives: 2007 Space Gray 335 coupe Join Date: Nov 2010 Location: Palm Beach Posts: 1,168 iTrader: (0)	I work in education. I assist individuals who are looking to return to school to further their education. I.e associates,bachelors, masters, Ph.D... Wifey has her bachelor in nursing and works at two hospitals in their step-down ICU unit... So between our incomes, saved up- placed a downpayment and got my baby... We just found out she's pregnant with TWWWWINZZ, so now we are trying to figure out what's a good SUV... Shoot me if I end up with a mini-van. Haha __________________ Mods: ER FMIC, AR catless , AFE dci, Cobb, HPF gen 2 exhaust, BMS OCC, ER charge pipe with Tial BOV, RB PCV valve upgrade. Waiting on Duke Dynamic D2 CF vented hood
	0

07-26-2012, 07:33 AM	#15
Xwahoo Uncool Old Guy Drives: 2008 335i Coupe Join Date: Sep 2010 Location: Southport, NC (former ATL) Posts: 93 iTrader: (0)	I waited until I was 60 (and still working as construction project manager but kids through college and gone, etc.) and still financed 80% of the purchase. But I got my dream car (black 3 series) and because I waited so long, I got 300 HP to boot! I don't regret a thing . . . __________________ Bruce B.
	0

07-26-2012, 07:44 AM	#17
monza2t Private First Class Drives: E90 328i, R52 Mini, F25 X3 x35 Join Date: Dec 2011 Location: Kansas City Posts: 161 iTrader: (0)	Im 40 y.o. engineer. Im frugal on my purchases and always get a smokin deal because I wait until only smokin deals come along rather than impuse buy (and yes its hard to resist the impulse). I could have paid cash for my 328, but financing was cheaper (3.25% finance, while my $19k is making 8% in a mutual fund, money bein' made.) On top of that, if I had to, I could sell my car at a profit today. That wont be the case in about a year or so. __________________ _____________________________________________ E90 328i Sport & Prem // R52 MINI S JCW // X3 x35i 62 Mini Cooper 997 // 62 Vespa // Laphroaig 30-yr
	0

07-26-2012, 02:48 AM	#2
Oggie335i New Member Drives: 2008 BMW 335i Join Date: Jan 2012 Location: Saskatoon Posts: 10 iTrader: (0)	Hard working electrician
	0

07-26-2012, 03:28 AM	#3
MasterWang Captain Drives: 335i e92 Join Date: Jan 2011 Location: Lawrence, KS Posts: 711 iTrader: (2)	-handed down 99 Toyota Camry when I turned 16 -parents bought older brother 350z a years later (was MY dream car at the time) -spent the next 3 years secretly crying from jealousy -Camry got too old and started to fall apart -started looking for a used g37 coupe (yes I did use the "You got him a 350z so you HAVE to get me a nice car too..................or i WILL assume you love him more") -found a lot of g37 vs 335i reviews online, eventually switched over to the BMW. -Cousin who works at a Nissan dealership found me a used 335i in GREAT condition ($27k) -a week later......drove onto my driveway with my 335i :] Parents are paying half of the payment. Working my butt off as a barista to pay the other half.....and a few mods every once in awhile
	0

07-26-2012, 04:39 AM	#5
scflaw Lieutenant Drives: E93 3'r Join Date: Jan 2011 Location: HKG Posts: 499 iTrader: (1)	i dance at the local hooters, is that what you want to hear? p.s i don't dance at the local hooters and i'm a guy so thats a major turnoff to business =)
	0

07-26-2012, 04:49 AM	#7
johnnyg238 Drive it like you stole it Drives: 2013 Mineral Grey 328i sedan Join Date: Sep 2011 Location: Baton Rouge, LA Posts: 158 iTrader: (0)	Went to college, got into medical school, 4years of intensive study followed by 3 years of residency and 2 more years of fellowship in my specialty. BMW was my dream car from the age of 9 and rather than have my parents buy one for me or stretch to own one early on I waited till I could pay for it myself as a reward. 2 months into private practice walked into a dealership and drove out with my reward to myself for all the hard work over the past decade. Makes me smile every time I drive it PS. I traded in a 97 honda accord that I was almost embarrassed to drive into the dealership.
	0

07-26-2012, 04:52 AM	#8
John 070 Lieutenant General Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW Posts: 11,409 iTrader: (0)	OP do you know the meaning of status quo?
	0

07-26-2012, 05:23 AM	#9
Besty Registered Drives: 07 325i Coupe Join Date: Jul 2012 Location: Kuwait Posts: 3 iTrader: (0)	I have similar stroy to the "123123" guy xD But, my parents paying the half and I am paying the other half from college allowance.
	0

07-26-2012, 05:32 AM	#10
Skynet01 Registered Drives: Bmw E90 330d M Join Date: Jul 2012 Location: Croatia Posts: 1 iTrader: (0)	Working as a seaman,engineer
	0

07-26-2012, 06:43 AM	#11
AddictedToBavarian My other ride is a Bianchi Infinito Drives: E92 328xi Join Date: Apr 2011 Location: North Jersey Posts: 2,723 iTrader: (0)	Climbing poles and it sucks.
	0

07-26-2012, 07:17 AM	#13
fooledyas Private First Class Drives: 2011 z4 and 328i Join Date: Apr 2012 Location: 1175 Posts: 112 iTrader: (0)	DINK
	0

07-26-2012, 07:39 AM	#16
burtface Enlisted Member Drives: 06 BMW 330i Join Date: Dec 2011 Location: Orange Posts: 31 iTrader: (0)	Bought and paid-off an '08 Honda Civic Si that turned-out to be a lemon. After a long 10-month battle against Honda, I won the lemon case. Received a big check from Honda, bought a used '06 330i with cash in hand and still pocketed 6k!
	0

07-26-2012, 07:46 AM	#18
Sara504 Lieutenant General Drives: 2013 335is Join Date: Aug 2007 Location: Newport Beach, CA Posts: 17,671 iTrader: (6)	I have a job. __________________ 2013 335is-Current 2011 335i -Sold 4/13 2006 325i-Sold 7/11
	0

07-26-2012, 07:51 AM	#20
t1mmy Second Lieutenant Drives: BMW 328i 2008 Sport Join Date: Aug 2009 Location: Austin, TX Posts: 247 iTrader: (0)	College -> Job -> Saved 0.9% financing during the '08 downturn __________________ BMW 328i 2008, 6MT, Perf Exh + Perf Int, Continental DWS and BMW Perf SSK
	0

07-26-2012, 08:02 AM	#21
dmatre Second Lieutenant Drives: 2011 328i Sedan Join Date: Apr 2011 Location: Charlotte, NC Posts: 283 iTrader: (0)	Worked and waited 'till I could afford it. Drove: Datsun, Acura, Chevy, Jeep, Ford, Honda, Nissan & MB before getting the BMW. It's only a car, and in 8-10 years, it'll be on the same scrap heap with every other make. There's more to life than just cars, so no need to risk your finances to drive a nice car.
	0

07-26-2012, 08:06 AM	#22
e92oholic Banned Drives: 2013 MINI JCW GP Join Date: Feb 2012 Location: Buffalo NY Posts: 854 iTrader: (6)	bought this cool thing online to program keys. I just pick out a new one every week
	0

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