How much do you guys make to afford m3?

lazybones18 · 11-09-2021, 09:58 PM

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

AhsanU · 11-09-2021, 10:14 PM

About tree fiddy.

And every time I go to a dealership and think "oh wow they have an allocation", I realise the CA is actually the GODDAMNED LOCH NESS MONSTER TRYING TO TAKE AWAY MY TREE FIDDY.

ferrarifast · 11-09-2021, 10:16 PM

I found an article online which I read several month back on the Terminal, interesting point of view

https://www.bloombergquint.com/gadfl...sonal-spending

I think relative to the rest of the market, the M3/M4 are priced accordingly. Whether you think it's worth $100K to you is another question. To the market it is.

willie55912 · 11-09-2021, 10:45 PM

If you are in limbo about the economics of the car.....do not do it then! If something goes wrong....accident, door ding, or poor reliability of the car, insurance costs, you will have major regrets...... If you really want it, then pull the plug and the mentioned issues will not be a problem if they occur.

iviegatron · 11-09-2021, 10:56 PM

Income is one thing, you first need to set your priorities straight. Do you have a mortgage to pay, rent, utilities, school loans, credit card debts, child support, etc? Are you setting aside money in to your savings? If you were to lose your job tomorrow, do you have money set aside to comfortably live for at least 6 months?

If you are struggling with any of the above then you should hold off on to buying an expensive car.

Hawkdog · 11-09-2021, 11:06 PM

Quote:

Originally Posted by AhsanU

About tree fiddy.

And every time I go to a dealership and think "oh wow they have an allocation", I realise the CA is actually the GODDAMNED LOCH NESS MONSTER TRYING TO TAKE AWAY MY TREE FIDDY.

*tree fiddy* (in my best squeaky old lady voice)

xlover · 11-09-2021, 11:10 PM

Didn't this exact thread just happen………….

Odinsrighthand · 11-09-2021, 11:58 PM

I'm a 34 year old Automotive Technician "mechanic" certainly not wealthy. I would not consider my ability to purchase a $97k car necessarily due to my income but more so having made the correct life choices. I own my home, have no bills outside of the basics and work my butt off after starting with less than $1000 in my pocket after leaving the military in 2010. So in short, I don't think income is the sole factor in being able to afford a large purchase. It's all about planning for it in advance.

Forzanerazzurri · 11-10-2021, 12:32 AM

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

Interesting that you start a thread digging for personal information on others, yet hold back on sharing your own earnings.

MTM3 · 11-10-2021, 04:36 AM

Quote:

Originally Posted by xlover

Didn't this exact thread just happen………….

+1 and who TF cares. Third world mentality question.

emix84 · 11-10-2021, 05:02 AM

Is this question not considered poor form in your culture?

NightWriter · 11-10-2021, 05:59 AM

Less than a Bugatti owner

https://www.carthrottle.com/post/the...s-and-a-yatch/

f82_gold · 11-10-2021, 06:04 AM

100k, no kids

NightWriter · 11-10-2021, 06:30 AM

Quote:

Originally Posted by f82_gold

100k, no kids

That's basically like tree fiddy with kids.

omaralt · 11-10-2021, 06:52 AM

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

dude why is it costing $100k? at that price point you have some stiff competition.. (911, S6, etc).

i have a very nicely optioned M4 (executive package, upgraded rims, ventilated seats, etc) and MSRP is $78k. To me that makes sense. Once you start getting close to $100k it makes less sense IMO

psylovibe · 11-10-2021, 07:24 AM

I can't afford it. The market pays for my cars.

iviegatron · 11-10-2021, 07:25 AM

Quote:

Originally Posted by NightWriter

Quote:

Originally Posted by f82_gold

100k, no kids

That's basically like tree fiddy with kids.

I did the math, if you make tree fiddy an hour working 8 hours a week and 52 weeks out of the year. You can afford a fully loaded M3. Once you get your raise and start to make fo fiddy, you can start to afford other things, like food for example.

vj123 · 11-10-2021, 07:53 AM

RockinPA · 11-10-2021, 08:17 AM

darrelljs · 11-10-2021, 08:46 AM

Quote:

Originally Posted by AhsanU

About tree fiddy.

And every time I go to a dealership and think "oh wow they have an allocation", I realise the CA is actually the GODDAMNED LOCH NESS MONSTER TRYING TO TAKE AWAY MY TREE FIDDY.

Still one of my favorite episodes...miss old school South Park, the new stuff just doesn't do it for me.

Darrell

MavRick · 11-10-2021, 08:58 AM

Quote:

Originally Posted by ahsanu

about tree fiddy.

And every time i go to a dealership and think "oh wow they have an allocation", i realise the ca is actually the goddamned loch ness monster trying to take away my tree fiddy.

a goddamn succubus!!!!

astroricardo · 11-10-2021, 09:23 AM

There are calculators online, but it doesn't seem like there's a consensus. From a financial perspective it's always better to live under your means. Having a car you can't afford to put tires on when you need to or buy good insurance sucks.

https://www.edmunds.com/calculators/affordability.html

11-09-2021, 09:58 PM	#1
lazybones18 New Member 25 Rep 23 Posts Drives: M3 Join Date: Aug 2018 Location: Los Angeles, CA iTrader: (0)	How much do you guys make to afford m3? 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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11-09-2021, 10:14 PM	#2
AhsanU i can haz horsepowr ?? 3830 Rep 1,927 Posts Drives: inconspicuous white van Join Date: Jun 2012 Location: Westchester, N.Y. iTrader: (2)	About tree fiddy. And every time I go to a dealership and think "oh wow they have an allocation", I realise the CA is actually the GODDAMNED LOCH NESS MONSTER TRYING TO TAKE AWAY MY TREE FIDDY. __________________ Dakar Yellow G80 M3 Ivory White Interior @dakar.g80 #savethemanuals Gone but not forgotten: 991.1 GT3, F80 M3 ZCP, E46 M3
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11-09-2021, 10:16 PM	#3
ferrarifast Commander 641 Rep 404 Posts Drives: 22 M4 Comp xDrive Coupe Join Date: Apr 2016 Location: New Jersey iTrader: (0)	I found an article online which I read several month back on the Terminal, interesting point of view https://www.bloombergquint.com/gadfl...sonal-spending I think relative to the rest of the market, the M3/M4 are priced accordingly. Whether you think it's worth $100K to you is another question. To the market it is. __________________ 2022 M4 ZCP xDr Cpe - Frozen Black on Black full lthr....fully loaded Gone: 2020 BMW M4 ZCP: MG/SO Full Merino 2018 BMW M3: Black/ Blk cloth 6MT Life is too short to list the non Ms
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11-09-2021, 10:45 PM	#4
willie55912 Private First Class 48 Rep 128 Posts Drives: 2021 M850xi gran coupe Join Date: Jul 2008 Location: Minnesota iTrader: (0)	If you are in limbo about the economics of the car.....do not do it then! If something goes wrong....accident, door ding, or poor reliability of the car, insurance costs, you will have major regrets...... If you really want it, then pull the plug and the mentioned issues will not be a problem if they occur.
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11-09-2021, 10:56 PM	#5
iviegatron Lieutenant Colonel 2542 Rep 1,682 Posts Drives: G80 M3 Join Date: Jul 2021 Location: Richmond, TX iTrader: (0)	Income is one thing, you first need to set your priorities straight. Do you have a mortgage to pay, rent, utilities, school loans, credit card debts, child support, etc? Are you setting aside money in to your savings? If you were to lose your job tomorrow, do you have money set aside to comfortably live for at least 6 months? If you are struggling with any of the above then you should hold off on to buying an expensive car.
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11-09-2021, 11:10 PM	#7
xlover Colonel 2191 Rep 2,557 Posts Drives: 2023 X7 40i Join Date: Aug 2011 Location: Boston iTrader: (0)	Didn't this exact thread just happen………….
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11-09-2021, 11:58 PM	#8
Odinsrighthand Private 282 Rep 88 Posts Drives: E36 M3, G80 M3C Join Date: Aug 2021 Location: Idaho iTrader: (0)	I'm a 34 year old Automotive Technician "mechanic" certainly not wealthy. I would not consider my ability to purchase a $97k car necessarily due to my income but more so having made the correct life choices. I own my home, have no bills outside of the basics and work my butt off after starting with less than $1000 in my pocket after leaving the military in 2010. So in short, I don't think income is the sole factor in being able to afford a large purchase. It's all about planning for it in advance.
	Appreciate 26 siegester344.50 themnmd1691.00 ried791.50 6speed_M23633.50 luckylingy3233.50 Michelin Man29.00 SimsimmaM3172.00 RNemesisN63545.50 ToMorNotToM139.00 farfugnugen66.50 JDUNITNOW3513.00 jetspeedb37.50 PaulAllen271.50 M4Tejas788.00 M3ANSPEC393.00 AKChocoPops18.00 Slowlives307.00 ando2002.00 Xtremsiege222.50 GhostOne_322355.50 DO4441410.50 fueledbymetal128.50 PDOT133.00 Bimmer5452.00 eugenebmw1480.50 ipilcher436.00 Quote

11-10-2021, 05:02 AM	#11
emix84 Private First Class 73 Rep 109 Posts Drives: 911; Mustang GT; RR Sport Join Date: Aug 2020 Location: Romania iTrader: (0)	Is this question not considered poor form in your culture?
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11-10-2021, 05:59 AM	#12
NightWriter Colonel 4844 Rep 2,744 Posts Drives: G80 M3 Pure Join Date: Jun 2015 Location: Maryland iTrader: (0)	Less than a Bugatti owner https://www.carthrottle.com/post/the...s-and-a-yatch/ __________________
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11-10-2021, 06:04 AM	#13
f82_gold Private 30 Rep 75 Posts Drives: 2021 BMW M3 COMP Join Date: May 2021 Location: soflo iTrader: (0)	100k, no kids
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11-10-2021, 07:24 AM	#16
psylovibe Lieutenant 1030 Rep 435 Posts Drives: m3 Join Date: May 2016 Location: ny iTrader: (1)	I can't afford it. The market pays for my cars.
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11-10-2021, 07:53 AM	#18
vj123 Brigadier General 3790 Rep 3,625 Posts Drives: 2022 M3c - sold Join Date: Mar 2015 Location: The Detroit iTrader: (0)
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11-10-2021, 08:17 AM	#19
RockinPA Lieutenant Colonel 4850 Rep 1,534 Posts Drives: '22 Mexico Blue G80 xDrive, '2 Join Date: Dec 2015 Location: The Orange County, Socal iTrader: (0) Garage List 2020 Tesla Model 3 ... [7.50] 2022 BMW X3M Compet ... [10.00] 2022 BMW M3 Competi ... [9.00]	Attached Images
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11-10-2021, 09:23 AM	#22
astroricardo Captain 884 Rep 677 Posts Drives: 2022 M3Cx TR/Tartufo Join Date: Oct 2021 Location: Grove Street iTrader: (0)	There are calculators online, but it doesn't seem like there's a consensus. From a financial perspective it's always better to live under your means. Having a car you can't afford to put tires on when you need to or buy good insurance sucks. https://www.edmunds.com/calculators/affordability.html
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