BMW 1 series

jsarno

The Camry was for my wife.
But to answer your question...yes. Why not? With gas prices through the roof with no relief in sight, it's hard not to consider it.

Like I explained in the camry thread, I have no problems paying car payments...we have nothing else to look forward to out here in this hell hole.

ps- my wife got promoted and got a sizable raise.

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SmootSmack

Congratulations to your wife. I know nothing about the BMW 1 series

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jsarno

The only thing I know about it, is that it's affordable. With the options I want, it will cost around $35k (msrp). With the 10k+ I have in (trade in) equity, I'd be financing only around 22-24k after negotiations.
If I financed 22k at 3.9% for 60 months, it would cost only $404 a month.
Not sure what BMW is offering, but my wife has a 786 credit score and I have a 740 meaning we are "well qualified" and will qualify for thier best offer. We got 1.9% on the Camry.

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Mattyk

If you're really concerned about gas prices why not look at a hybrid or a more economical car?

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riggins44

I don't think Hybrids are the long term answer to our problems. Think battery costs will be a determinant.

The logic I don't understand is people spending $$$ to get better gas mileage.
Think how much gas you can buy for the money you're getting ready to spend. Now if just looking for an excuse to buy a car...then go for it.

I've seen people do some crazy things to save a little at the gas pump. Guess if it makes them feel better then that is all that matters.

jsarno

Well, we always buy a new vehicle every 3-5 years (i've had my truck for 4 years) we don't live in the city and don't need to drive a car into the ground due to the cost of living. Our Mortgage is only $490 a month, and our house is a very nice house in a good neighborhood. We don't do anything out here because, well, there is nothing to do but go get drunk, and I don't drink. So we end up leaving town a lot, and it takes 1 hour 15 minutes to get to Roswell, and 2 hours 15 minutes to el paso, and 2 hours 30 minutes to Lubbock. We spend a lot of time in our vehicles when we leave town, so we want it to be as nice as possible. So it's not all about saving MPG costs. Also, I've always wanted a Bimmer.

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jsarno

Cause they don't offer the amenities in some cases, some others don't offer the space, and in most others they don't offer the muscle I need. I do say "need" cause I drive a lot faster than I should. There are only 2 lane highways out here in a lot of areas, and if you're driving 80 or 85 mph or higher (limits are 75) you need muscle to get around a vehicle slower than you, and a hybrid just doesn't make it. Unless it's a lexus anyway, but that is too pricey for me. I refuse to pay more than $39999 for ANY vehicle unless it's a Vette.

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KLHJ2

I need to move to NM. It's a damn shame that I cannot stand the desert or the West Coast.

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Mattyk

I'm sure you already know this but if you're driving that fast you're wasting alot of fuel.

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Mattyk

Yeah seriously, hell my first dump of an apartment was $550/month.

I'd be on easy street with a mortgage that low.

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riggins44

jsarno, I'd say pull the trigger and get one. From what I've read looks like
a nice car. I'm still in shock over a $490 mortgage.

After reading your response, I'd say your in good position to buy one. Then you can mark it off your bucket list.

Never been a bimmer person, but after my kids are gone I want a T-Bucket.
No good reason why, just do.

jsarno

Problem is, like I stated, there is nothing to do. I'd gladly pay a 1200 or 1500 mortgage to live in an area that you could do something every day of the year. This place sucks, that's why it costs so little.
My house is right around 2000 sq ft, and when we bought it in 99, we paid a hair over 50k. (no typo) The market has since gone up...for instance the house is now worth around 125k, but that's because I've redone every room and totally renovated the kitchen with granite tops and put in a hot tub in the back yard.

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jsarno

LOL...yeah, but if you're in a truck going 85-90, the MPG will go down to 14-16, in a car like the BMW, we're looking at the high 20's. It still saves me a ton of money per year. I can cut my gas consumption in half.

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