I know what I'm having next.

I know what I'm having next.

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Polarbert

Original Poster:

17,928 posts

238 months

Sunday 14th January 2007
quotequote all
Went down to Sytner on Saturday to have a little look at some cars. Sat in an M3 convertible and a Z4M. I bloody loved them.

I'm thinking I would prefer the Z4, but doubt I would be able to afford one on my first job out of university. I might be able to, but I really don't know what is going to happen when the time comes. I don't have a clue what job I'm going for.

Anyway, that car was amazing, although I only sat in it, I thought it was brilliant, the steering wheel felt really nice, and I just loved it. The M3 was excellent as well. But I don't really need the rear seats and its a bit more poserish.

I just really wanted a convertible for my next car, so its definately going to be either one of those, more than likely an M3 convertible, then change to a Z4M after that! thumbup

I can't wait. Will have to keep the clio for a bit, then see what comes up, but I really can't see myself wanting anything else.

There are some really nice M3s coming around now for £20k.


thumbup

m3jappa

6,580 posts

225 months

Monday 15th January 2007
quotequote all
bloody rich students lol

Obi Wan

2,120 posts

222 months

Monday 15th January 2007
quotequote all
Polarbert said:
Went down to Sytner on Saturday to have a little look at some cars. Sat in an M3 convertible and a Z4M. I bloody loved them.

I'm thinking I would prefer the Z4, but doubt I would be able to afford one on my first job out of university. I might be able to, but I really don't know what is going to happen when the time comes. I don't have a clue what job I'm going for.

Anyway, that car was amazing, although I only sat in it, I thought it was brilliant, the steering wheel felt really nice, and I just loved it. The M3 was excellent as well. But I don't really need the rear seats and its a bit more poserish.

I just really wanted a convertible for my next car, so its definately going to be either one of those, more than likely an M3 convertible, then change to a Z4M after that! thumbup

I can't wait. Will have to keep the clio for a bit, then see what comes up, but I really can't see myself wanting anything else.

There are some really nice M3s coming around now for £20k.


thumbup



Go for it Polarbert driving

Polarbert

Original Poster:

17,928 posts

238 months

Monday 15th January 2007
quotequote all
m3jappa said:
bloody rich students lol


hehe I'm not rich by any means, this is planning for when I get a job. I really haven't thought any of it through, like whether I will actually be able to afford anything, but I'll sort that out when the time comes! thumbup

emicen

8,720 posts

225 months

Monday 15th January 2007
quotequote all
I managed to bounce out of Uni in to contracting at an equivalent salary of high 20's (pretty good starting salary as a graduate imho).

Bout as his up the M ladder as I'd be able to consider would be an E36 hehe

Get saving those loans though, you can manage to afford anything if you really want it I've always found.

DasChin

609 posts

223 months

Monday 15th January 2007
quotequote all
i would love to see your insurance bill at 22!

almost as much as the value of the car....if anyone would touch you that is!

tomtvr

6,909 posts

248 months

Monday 15th January 2007
quotequote all
Polarbert said:
m3jappa said:
bloody rich students lol


hehe I'm not rich by any means, this is planning for when I get a job. I really haven't thought any of it through, like whether I will actually be able to afford anything, but I'll sort that out when the time comes! thumbup


Very similar situation to me - going into full time work soon and like to plan ahead. I would prefer an E39 M5 - as cheap as 12k now. You can afford these things if its all you spend you money on.

Polarbert

Original Poster:

17,928 posts

238 months

Monday 15th January 2007
quotequote all
Yeah, I was thinking about getting a fat loan or just get it on finance, probably isn't the wisest choice but I'll see.

tomtvr

6,909 posts

248 months

Monday 15th January 2007
quotequote all
Polarbert said:
Yeah, I was thinking about getting a fat loan or just get it on finance, probably isn't the wisest choice but I'll see.


See if you can save up for half of it and get a loan for the rest, a reward for what you have already saved.

Polarbert

Original Poster:

17,928 posts

238 months

Monday 15th January 2007
quotequote all
You see I could get something like this:

www.pistonheads.com/sales/125934.htm

Then all I'd have to do would be get a set of the 19 inch wheels on it.


Mannginger

9,485 posts

264 months

Monday 15th January 2007
quotequote all
Wish I'd been more careful with my pennies when I was student!


Before anyone mis-quotes me - yes that is "pennies", as in the currency!



Phil

baz1985

3,612 posts

252 months

Monday 15th January 2007
quotequote all
At 22, 5yrs ncd- insurance for me would be £3.5k, which is the same as a facelift 996.

I'd have gone for it if I wasn't stuck doing postgrad. I may be tempted in the summer.

Some rough calculations:

2002 52 facelift 996 Carrera, 40k miles, manual with Bi-Xenons
Purchase price= £37500
Plan to keep for 6months/15k (use it to the max while you've got it)
Depreciation= £7500
OPC Check and Warranty= £1500
Service including tyres costs= £3500
Insurance cost= £1750
Finance charges over 6 months assuming nil deposit= £2000
Fuel cost assuming 15mpg (VPower@ £1/litre)= £4550

Thus total cost over 6months/15k= £21000.

Not bad for 6 months of fun at 22.

Then sell, buy a £1k run around save save save for deposit for a property. And then hope that by 35 you've climbed the wretched capitalist ladder, married, kids, nice house with latest GT3.






Polarbert

Original Poster:

17,928 posts

238 months

Monday 15th January 2007
quotequote all
That sounds like a great plan, but I'd take an M3 over a 996 any day of the week.

baz1985

3,612 posts

252 months

Monday 15th January 2007
quotequote all
Polarbert said:
That sounds like a great plan, but I'd take an M3 over a 996 any day of the week.


The E46 M3 is probably a bit quicker/better all round package than a 996 carrera. Nevertheless, I am a little bored of E46s, but the most important factor for myself for me is that when I was 17 (02-03) the 996 was my dream car.

Sharief

6,423 posts

223 months

Monday 15th January 2007
quotequote all
Polarbert said:
You see I could get something like this:

www.pistonheads.com/sales/125934.htm

Then all I'd have to do would be get a set of the 19 inch wheels on it.


yes You know it!hehe

m3jappa

6,580 posts

225 months

Monday 15th January 2007
quotequote all
baz1985 said:
At 22, 5yrs ncd- insurance for me would be £3.5k, which is the same as a facelift 996.

I'd have gone for it if I wasn't stuck doing postgrad. I may be tempted in the summer.

Some rough calculations:

2002 52 facelift 996 Carrera, 40k miles, manual with Bi-Xenons
Purchase price= £37500
Plan to keep for 6months/15k (use it to the max while you've got it)
Depreciation= £7500
OPC Check and Warranty= £1500
Service including tyres costs= £3500
Insurance cost= £1750
Finance charges over 6 months assuming nil deposit= £2000
Fuel cost assuming 15mpg (VPower@ £1/litre)= £4550

Thus total cost over 6months/15k= £21000.

Not bad for 6 months of fun at 22.

Then sell, buy a £1k run around save save save for deposit for a property. And then hope that by 35 you've climbed the wretched capitalist ladder, married, kids, nice house with latest GT3.


where on earth does a 22yr old post graduate get 21k for 6mths worth of motoring nowadays.i,m truly shocked...i,m nearly 27 live with my parents and earn reasonably good money.if i wasnt thinking about moving out i could get a csl easily but for a 22yr old???surely mate you will be taking home maybe £300-£400 a week at most.
i really am interested mate,not having a dig






Pistolvip

144 posts

237 months

Tuesday 16th January 2007
quotequote all
I think there is some bullsh1t going on here.
Some people will have a right shock when they get into the real world.

Polarbert

Original Poster:

17,928 posts

238 months

Tuesday 16th January 2007
quotequote all
Pistolvip said:
I think there is some bullsh1t going on here.
Some people will have a right shock when they get into the real world.




Not really. Got any other non-constructive comments to add?

taffyracer

2,093 posts

250 months

Tuesday 16th January 2007
quotequote all
Do you not think that buying a house should be 1st priority rather than an M3? Saddling yourself with a debt for a depreciating asset that will not benefit you in later life is somewhat short sighted and pretty stupid in reality, no offence meant, M3's are nice but they're not worth getting into debt for, no car is

emicen

8,720 posts

225 months

Tuesday 16th January 2007
quotequote all
Worth mentioning the graduate loans often have very competitive rates hehe