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11-10-2021, 11:15 PM
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#43
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Colonel 
Drives: 2022 G80 6MT
Join Date: Feb 2020
Location: Connecticut
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Quote:
Originally Posted by M4CXPBM
Quote:
Originally Posted by lazybones18
I bought my first used m3 for $65k OTD - slightly used
Now fully loaded m3 2022 is around $100k
Huge price tag curious how much income justifies this ?
I can afford the car but having a hard time justifying the $100k OTD price tag
Or maybe it's just inflation
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Just my opinion but for a 100k car you should be making min 150k/yr. Your car payment shouldnt exceed 10% of your income imo. Also, luxury cars should only be bought after all your other financials are in check for ex maxing out your ira/401k every yr, buying a house, other investments/priorities such as savings for kids etc. In other words, you should be comfortable with the monthly payments. Thank GOD im in my 30s with a house thats paid for and no kids/wife. |
Yeah
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