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It was a throwaway comment, 'no dear we cant move in together as I spent all my money and took out a huge finance agreement on a brand new BMW' :p
 
Tbh fox i can't think of a more suitable person to buy a new car.

You like long term car ownership, in fact you crave it. Long term car ownership suits buying it new. Because ultimately the amount you've lost per day goes down the longer you keep it as the depreciation levels out.

It gives you the chance to have the perfect colour, the perfect trim, the perfect interior, the perfect wheels etc..

And then enjoy it for 6 years.

At the end of the day, you work hard for your money. You deserve to reward yourself with the car of your dreams if you can afford the finance.

Yes its not the most sensible thing to do, but wouldn't it be worth it to have the car of your dreams ?
 
but wouldn't it be worth it to have the car of your dreams ?

I think he's previously acknowledged that it won't be the car of his dreams, just a realistic next car if he's picky/patient enough...

If you drag new car depreciation into the TCO picture, I imagine you'd have to weigh up the pros and cons of a perfect spec brand new 335i against a marginally compromised used M3...
 
Ah, but it's not purely his decision to make...

Anyway I think Fox, much like myself, could not bear to lose that amount of money on a new car, even if it is over 5-6 years.
 
Lies.

Only the A-B part of cars is essential, the rest is just a hobby/enthusiasm. Priorities have got seriously mixed up if your chosen steed impedes life choices...

At what point does it impede though?

Is a 30 something who splashes £40k on a 911 just because he happens to live with is parents impeding his life choices?

Has it already impeded Fox's life choices because he probably wouldn't have been able to keep his 530i in such good condition if he was living alone?

Where's the line?
 
At what point does it impede though?

Is a 30 something who splashes £40k on a 911 just because he happens to live with is parents impeding his life choices?

Has it already impeded Fox's life choices because he probably wouldn't have been able to keep his 530i in such good condition if he was living alone?

Where's the line?

If you have a serious money car and live at home out of choice, that might be unusual.

If you want to move out but can't becuase all your money is tied up in a car, that's just weird.
 
If you have a serious money car and live at home out of choice, that might be unusual.

If you want to move out but can't becuase all your money is tied up in a car, that's just weird.

Totally this.

A 3 year old E92 can be done without any noticeable impact on my current ability to save, a brand new one cannot.

You know me, I have a spreadsheet for everything. Put simply, a 3 year old 3 Series with a cast iron warranty is entirely compatible with my future plans and a brand one wouldn't be nearly as comfortable.

When I bought the 530i I will admit I was spending a large proportion of my income on running the car. At the time, this was fine - it was totally compatible with my future plans. To spend the same sort of proportion again wouldn't be.

There will perhaps one day come a time where it is time for me to buy a brand new BMW, but it isn't now.
 
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