Can I afford a BMW f30 with my current income?
|
|
 Oct 13 2015, 10:09 PM
|
 
Junior Member
189 posts Joined: Jun 2006 From: Alor Star, Kedah  
|
QUOTE(jay881209 @ Oct 13 2015, 09:39 PM) Not really will drive for 9 years, maybe will sell it after 5-6 years.. To drag it for 9 years is becoz dun wan too tide in the installment. that's exactly what I meant by YOU CAN'T AFFORD IT, other forumers has the reasons already. |
|
|
|
|
|
Oct 13 2015, 10:10 PM
|
Junior Member
37 posts Joined: Jan 2009
|
Go for it
|
|
|
Oct 13 2015, 10:11 PM
|
Junior Member
302 posts Joined: Dec 2014
|
think too much for what? go for it la.
|
|
|
Oct 13 2015, 10:12 PM
|
Senior Member
2,507 posts Joined: Jan 2003
|
316 ? come one.... better go for Volvo V40
|
|
|
Oct 13 2015, 10:12 PM
|
|
Newbie
0 posts Joined: Oct 2015
|
QUOTE(Noregrets @ Oct 13 2015, 09:37 PM) As someone mentioned above, if you need to take 9 year loan to afford the monthly repayment, it means you can't afford it at this stage. Bro, ur advise did make clear of my mind. In your opinion, what's the ideal income to afford a f30? Since my combine income are almost 10k. We calculate it, tot enough..Car loans should never be more then 5 years as it is a fast depreciating asset. The interest you have to pay for a 9 year loan is about 32% of the loan amount. This means for the 1st 2.5 years, you will only be paying interest. If you sell it after 3 years for example, the car market value may be RM 100k but you would still owe the bank about RM 120k plus. Which means you have to get nothing back. My advise to you is to wait until your career goes up and both you and your wife earns more. |
|
|
Oct 13 2015, 10:12 PM
|
Junior Member
292 posts Joined: Sep 2006 From: Petaling Jaya
|
Bro. dont do it. lol. 150k for 316i not worth. you will be paying 1400 + parts/service/labor/maintainance
If 150k and u die die need upgrade. why dont try jap car. Or give some time to put down a higher dp. |
|
|
|
|
|
Oct 13 2015, 10:14 PM
|
|
Junior Member
37 posts Joined: Jan 2009
|
QUOTE(jay881209 @ Oct 13 2015, 10:12 PM) Bro, ur advise did make clear of my mind. In your opinion, what's the ideal income to afford a f30? Since my combine income are almost 10k. We calculate it, tot enough.. Your wife is accountant. she should know best. Smeagol45 liked this post
|
|
|
Oct 13 2015, 10:14 PM
|
|
Junior Member
292 posts Joined: Sep 2006 From: Petaling Jaya
|
QUOTE(jay881209 @ Oct 13 2015, 10:12 PM) Bro, ur advise did make clear of my mind. In your opinion, what's the ideal income to afford a f30? Since my combine income are almost 10k. We calculate it, tot enough.. Bro, btw for 2nd hand 316i with no warranty left at 150k. You shouldnt even think about it. New car if u really power nego, can go around 180k |
|
|
Oct 13 2015, 10:14 PM
|
Senior Member
1,389 posts Joined: Apr 2014
|
You only live once bro, but why 316i? Even peasant know its a cheap man bmw. Go 320 la..320d better fc is good
|
|
|
Oct 13 2015, 10:15 PM
|
|
Senior Member
9,050 posts Joined: Jan 2003
|
Don't spend unnecessary. Because u won't have enough to allocate for repairs. Stick to something with minimal electronics.
|
|
|
Oct 13 2015, 10:18 PM
|
Junior Member
44 posts Joined: Jun 2015 
|
go for it bro, i was in your condition before, and i did not regret it at all, now doing quite well, yes do struggle in the middle when got child, but because there is struggle, it motivated me to work even harder.
today my wife driving x5 and i driving e300 already, now doing direct sales and been growing well since i started as a normal worker 8 years ago..... i would say go for it and when ur desperate u will find a way to reach for a brighter star |
|
|
Oct 13 2015, 10:20 PM
Show posts by this member only | IPv6 | Post
#32
|
|
Senior Member
830 posts Joined: Jul 2009
|
Not worth it. Maintenance can cost you a bomb. Go for new car.
|
|
|
Oct 13 2015, 10:21 PM
|
Senior Member
2,755 posts Joined: Dec 2004
|
You manage to buy does not mean afford to own.
Think carefully. |
|
|
|
|
|
Oct 13 2015, 10:29 PM
|
Senior Member
4,423 posts Joined: Jun 2014 From: YO-URANUS
|
I am 19 and I drive a BMW 335i F30. This car is registered under my name, not my father's or family. And bought it myself. loan is 5 years. So why not mate? For a beemer owner. Get a 320 at the very least. Trust me
 This post has been edited by remix2040: Oct 13 2015, 10:30 PM |
|
|
Oct 13 2015, 10:35 PM
|
All Stars
12,214 posts Joined: Jan 2003 From: Singapore | Malaysia
|
Go for it, fulfil your dreams. You only get to live once, there is no need to make difficult choices on your WANTS.
Moreover you can always sell off the car if you need extra money. Who are we to tell you whether you can afford a 150k car? You don't need anyone to tell you what car you should buy or whether you can afford it. I say... Go For It. |
|
|
Oct 13 2015, 10:36 PM
|
Senior Member
973 posts Joined: Mar 2012 From: California Dreamin' Status:To Be Promoted To Mod
|
I'm 22 driving a Lexus is250. Albeit used, it's still worth it. Go for it!
|
|
|
Oct 13 2015, 10:44 PM
|
|
Senior Member
4,423 posts Joined: Jun 2014 From: YO-URANUS
|
QUOTE(Kendall @ Oct 13 2015, 10:36 PM) I'm 22 driving a Lexus is250. Albeit used, it's still worth it. Go for it! nice ride. which year? |
|
|
Oct 13 2015, 10:52 PM
|
Senior Member
901 posts Joined: Jan 2003
|
9years loan, think carefully. If you're not able to maintain it in the early years due to expensive maintenance/parts, then you're stuck with the car.
If maintenance getting higher n higer, want to sell to dispose off also hard bcos need to top up to sell due to low rv. |
|
|
Oct 13 2015, 10:54 PM
|
|
Senior Member
973 posts Joined: Mar 2012 From: California Dreamin' Status:To Be Promoted To Mod
|
QUOTE(remix2040 @ Oct 13 2015, 10:44 PM) nice ride. which year? previous gen 2011 |
|
|
Oct 13 2015, 10:55 PM
|
|
Junior Member
86 posts Joined: Apr 2015
|
BSRI every 12K KM... so u have just 2 more free service. after that every service is RM600=700.
Even 12K km per service is too long. Should service every 7K KM or so |
| Change to: |  0.0251sec
 0.39
 6 queries
 GZIP Disabled
Time is now: 19th December 2025 - 07:19 PM |
Quote