Is Buying a BMW at a Young Age a Good Financial Decision?

Lol hard NO

i want an 125i or M140i
but idk wich one

We are young so drive the fun cars. You have the rest of your life when you have a family to drive a economical soccer mom van. Or maybe you end up upgrading to an german suv who knows

Been saving up and wanting to buy a 325i, first car, always been into bmw and I always hear ppl saying how bad bmw reliability is and this and that, we all hear that, ppl always say jus get urself a Honda or Corolla but but I’m out of school and working full time, would b a bad call starting with a 06 bmw 325i?

As a young guy, I never owned a car that was more than $5k and it paid off. I've owned a house and more than one. Now I'm over 40, I can own 3-4 BMWs without any problems. The problem with being a young person and having these desires for cars is that you have very expensive insurance and limited finances to repair your car and you can easily suffer financial ruin if your car ends in an accident without full coverage.

i’m 17 nearly 18 and i can confortably afford a bmw 530e outright and not a loan, is it a good idea?

Question I’m 22 what type of job do you have cause I’m tryna get one these to ?

I hope to own a BMW, but if I were to own a brand new car it would be a Macan 😭

needed the real talk at the end

I love it man. I currently have an F30 328i and I’m looking forward to upgrading to a 435i or an m235i. I’m in the same situation as you where I don’t have much payments. Thanks for great contents like this as always!

Is buying a Beamer a bad financial decision? Yes, do I care? No

The answer is an incredibly simple NO Cars are horrible financial decisions. Especially new cars. And so many Americans fall into that trap.

However if it's something you love then it's a little bit more justifiable.

Im only 16 and getting a bmw m3 e92 soon 😁

I went from a civic and no car payment to a 2020 bmw m2 competition. I am so glad I did it. There is more to life than savings

im 17 and im thinking about getting a 2014-15 bmw 228i, is that a good choice or should i stick with the m235i?

man i wish i could get a chance just to drive a bmw.. my dream car you know..

Boughten?

I’m 15 and bought my first bmw 325 e 46the best moment in my life

that smile you look realy happy driving deep up the grate vids and thanks for the info i live in ireland so at 18 insururers probs wont even insure me over a 1.6 liter

What a great video thanks man 🙏🏽
There are lot of non petrolhead channels in YT who’ll say you should never get a fun expensive car and save the money and shit

Anyway life is too short, you should enjoy every second of your life driving a Bimmer than seeing you money in a bank

I was thinking of a 2008 Bmw 328xi any opinions?

Awsome video 👌 so true life is too short just send it

Already gona buy my car myself barley a sophomore in high school

Shi helps a lot man thank you for this vid

Song ??? In the intro

I’m a 18 y/o college sophomore and I’m broke. I could get a bmw 3 series with 90k mileage for pretty cheap but I’m not sure if I should buy it bc I heard maintenance and repair can be expensive. I honestly just want a nice sedan (not ugly ofc) to commute to school.

What y’all think I should do?

I’m 20 years old looking to cash out ona bmw but idk what model to get 🤦‍♂️

Would it be a good car at the age of 17 cuz I got the money for a 2009 m3 I need an opinion

I’m 20 years old and I’m in the Air Force. I have almost 7k saved up and tried to buy a 2014 bmw F30 320i xdrive that was selling for $11,125 and about 92k mile at the Kansas bmw dealership. They wouldn’t sell me the car because i have ghost credit. I really wanted the car after i test driven it and now idk what to do. Personal owners are too sketchy. All I’ve gained was to start credit now but Any advice so i can own one??

Agree with all your points. I live with my parents too, and I bring home $1250/month before taxes. Just got done financing a fully loaded 2018 BMW M3 for 1100/month over 8 years. Life is just too short, live it while you’re still young!

26 and finally purchased a BMW. I've always wanted one in the back of my mind. Got all my debt paid off minus the mortgage including 17K in student loans. Only have 75K on the mortgage at a low interest. I just graduated with my MBA and after 2 years of hard work and 2 promotions at work I said F*#@ it! and bought a 2012 BMW X5 with 50K miles for 15,500. I thought I did great. Even if it were to depreciate to 0 (which it won't) I would be out $15,500.... Whatever. It's an amazing car to drive and brings so much self confidence when I drive it.


I recommend doing it if you are financially secure.

My dad has 2015 BMW 335i x-drive. But is a 2019 Mazda 6 Signature package (Red Exterior & White Interior) a good first car?

My bmw 335i broke down on me 4 times on my way to work within 2 years and cost me $4,000 in repairs within the 4 years of owning it :) but I’m buying a 2017-2018 bmw m4 next ;)

I’m thinking of getting a 2016 328i, what do you think of the car?

Wish me luck I’m gonna start working soon hopefully I can afford this car 😓😂

Im 17 and Im about to go finance an M4. Lmao still have a good amount of money saved up so I can invest in stocks

Im prolly gonna get the i8 in a yr or two

21 lookin 31

No car is ever a sensible financial decision. They depreciate no matter what. However, if you are passionate and really enjoy cars... spend a sensible proportion of your income. You shouldn’t have to justify your spending if you work hard to earn your money.

People can easily spend hundreds each week on drinking/clubbing each week so each to their own, I’d rather use it on a BMW.

Lastly, there is some strange psychological aspect. A lot of people will happily pay towards a new “non-premium” badge car. However, I would rather get an older model BMW for the same monthly price. People automatically assume BMWs with high running costs but the difference is not huge.

I turn 35 on Friday.

I’m 22 and I want a BMW but I don’t know if it’s worth owning one, I keep hearing from people that they need constant repairs and replacement parts etc. and you’re really paying for “aesthetics” and looks, not for reliability or performance. But BMWs are cool and it makes any trip more “interesting” and fun than driving a Honda or something for example etc. Would you buy a new one or a certified pre-owned one?

Yes, yes it is a mistake. But it’s the best mistake you can ever make 😂

Great videos man. I just bought 2012 335is convertible, and I'm lovin it bro. Weather just starting to get warm in New York. Wish I was out in cali like you and tearin it up!

I've owned an E92 335i for 5 years when I was 25 loved and hated that car. It's not a financial mistake at all if you know how to work on your own car, these newer F-series have way less issues than the E-series was known for. Fellow 2 series (228i M-sport) owner here congrats on your purchase!

I’m 18 I was wondering if it’s a good idea to buy a N54 335i with more than 100K miles ?

I got a 2003 e39 on my 16th birthday. It’s really nice and all and the insurance is cheaper then my 1995 Honda Accord somehow, however it’s very unreliable. Wouldn’t recommend it because you’ll definitely you go without a car for a few months. Get a Lexus, they’re so much better

You look 50 years old

Get an e46. Obviously not an m3, I have a 330ci. Theyre fun cars and if you like working on your car you'll never be bored.

As a 20 year old turning 21in a week, I don’t feel it’s bad to own a bmw. Just make sure you budget yourself that’s all. I have a 2011 328i and I love it, I’ve put many mods on it that I’m really happy with the look of it!!

no