Hello experts,

I am a 24 years old kid (Malaysian) and want to own a second hand BMW F30 328i M-sport so badly. I have 3 income sources, my main income is RM2,670 nett, and going to RM3,770 nett on next month.

Main income: RM3,770 /month (nett) (Fresh graduate income)
Second income: RM500-1000 /month (not consistent)
Third income: RM3,000 - 10,000 / month (so far the highest, been having this for a year)

My expenses:
1. Food & petrol: RM2,000/ month
2. Rental: RM450 / month
3. Entertainment + GIRLFRIEND: RM1,000 / month
4. No insurance since my company is covering it for us as an employee.
5. 0 commitment. (Thanks to my parents for offering me a 10 years old VIOS).
6. 0 commitment since I bought an apartment unit and rent it out.

In average, I can save up RM3,000 - RM15,000 / month. (RM15,000 is the highest achievement so far, only hit once).


I want to have a second hand BMW F30 328i M-Sport 2014 yr, with price RM140K. loan with 7 yrs, and installment would be RM1,400 +-.

I need advise from all experts since I'm still young. The reason I don't want to buy a brand new 318i is because the depreciation value is high and I think it's not worth for me. What I know is the depreciate value is up to RM130K for 4 yrs old car. I'm saying 328i M-Sport.

My concerns:

1. How much would I lost from buying this after I sell it off after 5 years.

2. How much would cost me to maintain? (installment + maintenance)

3. Is it really that bad to buy a German continental car (used car) because I've seen so many bad review on it.


PLEASE TO ALL SIFU TO GIVE ME A PROPER ADVISE....

Please advise if I could afford it and wondering 328i M-sport 2014 yr could last for another 7 years. THANK YOU VERY MUCH.

Should be having extra 6-7k / month after deduct my all expenses.

Yes that would be great. But I wish to spend about 1.7k from my extra 6-7k saving per month only and use the remaining to wait for better investment opportunity. 140k loan is fine for me. If more than that, I wouldn't have chance to do something else instead of paying for car.

Thanks for your compliment. At least I earn more than the majority in my age. Age doesn't define everything, CASH does.

I buy it with the minimal lost. Used car, low depreciation, low commitment. At the same time, I still have CASH.

SORRY NOT TO SHOW OFF, BUT EARN FOR WHAT WE WANT.

It's hard to own a fancy car after you're married. So if I can afford it when I'm young (BY OWN MY CASH), why not? Do it only when I'm old?

THAT'S OLD SCHOOL THEORY.......


SOWEEYYY..

I see. So basically 330e is the 328i with E-technology, that's the difference? But I think I'm not gonna buy 330e since I don't really travel much. Just buy it for my goal achievement and satisfaction. Thanks for your info anyway.

It's okay. Because my goal is not to survive with my main job. Thanks for your advise senior. Good luck to you as well.

Yes true. But if I don't do it when I'm young, and capable to seek for more money, then I might missed this in my life.

Slowly having more commitments, and probably will not have a chance to get these experience.

I believe nowadays everyone is having more than 1 income source. So by the day when I'm 60, I believe I won't be only relying on my own saving. I'm not a lazy guy. =)

Thanks for the concern anyway. =)

I'm just a hard work boy same as the other. Yes the figure is true, but I can't guaranteed that this can last for 7 years (Thanks god if it does).

Regarding to the commitments, that is the purpose I'm posting this to get to know a rough idea of the cost that I need to commit soon, so that I could plan.

I'm ready to lose the money, I don't smoke and drink much, so that's the only thing that I'll need to spend. We earn to cover the lose, that's the game.

No lose, no motivation. That's my theory la XD..


Thanks for your advise ya.

Ah great. This is what I'm looking for. The user experience. Thank you bro.

These are the questions.

1. How much would I lost from buying this after I sell it off after 5 years.

2. How much would cost me to maintain? (installment + maintenance)

3. Is it really that bad to buy a German continental car (used car) because I've seen so many bad review on it.

Hi thanks for your info. May I know more about it please? Because I can't get this on google.

How about the mileage record, is it possible to be modified?

I don't need to touch my fd pun.

I feel pity on you. The way you think is like you're only having FD in your acc and nothing else left. Even u makan also need to take out your FD for the bill, and then send the money back to ur FD acc.

Wooopps.

Yes. I did some math and found out that the depreciation value is even higher than changing all parts into the new one. Just want to get a rough figure so I could prepare for it. Thanks for your info. it's useful!!

RFT is not necessary right? Because you'll hv to be superb careful on it. Die die need to change a new one if u hit a lobang.

Yes, I already expect that. Worse to worse, I'm ready to change all the necessary parts.

No die die larr. Need y'all to give precious advises.. still thinking whether it is the right decision.

Anyhow, thank you so much for your time..

So from experts opinions, y'all prefer the brand new one with 5 yrs warranty instead of having the second handed one.