[M6-4KIX]

Originally Posted by SaMaster14

Nice I'm better than you and can afford more so I badge my car rant! 650i is a great car, and you can do whatever you want to it... Doesn't mean people can't judge you for it.
And please, I know people who buy (ill reiterate, not lease) plenty of cars worth 5+ 650s and display much more class than your post shows. I want people to see my car for what it is because that is what I earned ... Quite frankly I don't care if they think they have done better.

I was just posting my thoughts on a car I saw for a few seconds. It didn't hurt my soul or make me sleep less at night. Just kinda made me laugh and I thought I would share.

No where did I say I was better than anyone here and I am not!! (it just seems the M-Gods believe they are..IMHO) This whole thread makes me laugh, that's the reason I simply posted my thoughts.

Your comment:

"I really really hate to generalize, but just guess what kind of person was driving both this and the 7"

So discrimination is funny to you?? That part I didn't laugh at. Y'all have a good day and let's just play nice in the sandbox! Opinions are one thing... judging others opinions are entirely different.

[SaMaster14]

Originally Posted by M6-4KIX

No where did I say I was better than anyone here and I am not!! (it just seems the M-Gods believe they are..IMHO) This whole thread makes me laugh, that's the reason I simply posted my thoughts.

Your comment:

"I really really hate to generalize, but just guess what kind of person was driving both this and the 7"

So discrimination is funny to you?? That part I didn't laugh at. Y'all have a good day and let's just play nice in the sandbox! Opinions are one thing... judging others opinions are entirely different.

Dude, I was joking... I'm sorry if it came off as 'racist' but that was definitely not my intention.

Also, putting an 'm' badge on your car is one thing (bmw put ///M stickers and stuff all over my 335is stock and I know its not an M car), but calling your car an M6 as this person did is clearly a cry for attention and a wish for something he doesn't have.

[BMW269]

Originally Posted by F1Venom

M6/650i whatever, they're both fat boats of cars that don't deserve any M badging.

THIS!



There is anyway so little difference now between an M and a non-M. Same engine, just tweeked.

[keepittrill]

This reminds me of that time Peter Griffin was like "Oh my God. WHO THE HELL CARES?"

[Uber V8]

Originally Posted by NemesisX

Well the thing is you have to factor in what you're losing out on via investments by paying for a $100k car lease in perpetuity.

Say we're talking about a 40 year old man with a $150k/year salary spending 960/month leasing $100k cars for the rest of his life.

If he drove ~$40-50k cars instead for ~$460/month and saved $500/month, how much would that $500/month be worth by retirement age (let's say around age 70, in 30 years?)

500/month invested in the stock market with a 6.5% annual ROI yields around $500k by age 70.

What is $500k as a function of this hypothetical 40 year old man's expected liquid net worth by retirement age? I guess that's the key question to ask. If this guy is otherwise very frugal with his money and ends up with a liquid net worth well above $500k then in hindsight I would say he comfortably could afford a $100k car on a $150k/year salary.

It also depends on what his expectations are for retirement age quality of life.

What happens if he dies at 69? How cool would a 70 year old look and enjoy a 650i convertible then? What if we've run out of oil by then the year 2043?

Ah, life is but a gamble in itself; enjoy responsibly.

[M6-4KIX]

Originally Posted by SaMaster14

Dude, I was joking... I'm sorry if it came off as 'racist' but that was definitely not my intention.

Also, putting an 'm' badge on your car is one thing (bmw put ///M stickers and stuff all over my 335is stock and I know its not an M car), but calling your car an M6 as this person did is clearly a cry for attention and a wish for something he doesn't have.

All is cool......... time for a scotch anyway!! L8TR

[wisesoul]

Originally Posted by M6-4KIX

Hey Wise-one...............serious enough, but... just having fun with this thread and I'm thinking I really don't have to justify anything I do to my car!! Next they'll be telling me to take off the spoiler!! Oh, woe is the life of a Poser!!

Fair enough, valid points. Hope you don't claim you own an M car though, but then again, your life! Do as you please

[NemesisX]

Originally Posted by paradoxical3

6.5% annual ROI for 30 straight years is a complete pipe dream.

Well I'll admit I know next to nothing about finances or financial markets. It's not my area. I was simply looking at the past 30 years and extrapolating, but I don't know if it's reasonable to do that

[NemesisX]

I found this useful little summary chart on average annual ROIs for the S&P 500

http://people.stern.nyu.edu/adamodar...histretSP.html

Over the last 50 years it's been 9.73%

Over the last 10 years? 7.02%

I thought 6.5% was a pretty conservative estimate based on those figures.

[keepittrill]

I honestly feel like putting an M badge on my car just so it gets more attention than it deserves...

[IMG]

How come no plate tho ??

[dwells]

Originally Posted by NemesisX

Easy - most people can't. Some people are simply in over their heads living beyond their means leasing a $100k car on a $150k/year salary or something (hint: that's not enough to afford a $100k car). Others (full disclosure, myself included) are simply the sons or daughters of people who can afford these cars which explains the general immaturity on this board. e90post sounds like it's predominated by a bunch of 20 somethings probably because it is.

I'll disagree with you on the point that $150k isn't enough to lease a $100k car - if I were pulling in that salary I'd probably be leasing a car in that price range. But then again, I absolutely love cars and driving; they serve as one of my primary passions and sources of entertainment. As a result, it would be easier to justify the expense to myself.

As for many of the users being immature teens and twenty somethings who happen to be part of well-off families, I suspect you're right. The alternative, that users who lack any sort of maturity, basic communication and discussion skills, and any grasp of spelling, grammar, or other writing skills but yet are somehow able to hold well-paying jobs, is rather baffling. Then again, perhaps I put too much faith in the education and business systems by believing that these skills are still valued and necessary.

Originally Posted by M6-4KIX

Dwells... you money comment is a true wonderment!! Do you honestly believe you are the only one with money?? Look at the poor guys in Australia, Singapore and see what they are paying. The racist rant is also special. I don't think BMW considers race when they sell their products?? I think you should throw that one into their comment box and see how far it gets ya!! What you should realize is that some people lease (write off) and some buy (have disposable income) We are the latter group, how about you??

Where did I assert that I am "the only one with money?" Certainly nowhere in my post. In fact, you seem to have missed the entire point of my post. I was asking how people who lack maturity or other basic skills (see above) manage to be making enough money to afford vehicles which are often out of the reach of much of the public.

As for the issue of race, I never mentioned that at all. Perhaps you weren't referring to me, but then again, it was lumped into a paragraph that begins by addressing me by name. You can likely see where my confusion comes from.

[keepittrill]

Hey! My grammar's fine...and if you set out to turn every single post into an essay, you're just wasting your own time. Text based social conversation is about conveying a message, not worrying about the finer points of your grammar, spelling etc etc. With that being said, I still pay attention to grammar and spelling. I don't however give a damn about sentence structure and organization. It is the internet!

[LSPowered]

He's an idiot, but whatever. He overpaid for the car regardless.

[Mr. Liu]

Originally Posted by NemesisX

I found this useful little summary chart on average annual ROIs for the S&P 500

http://people.stern.nyu.edu/adamodar...histretSP.html

Over the last 50 years it's been 9.73%

Over the last 10 years? 7.02%

I thought 6.5% was a pretty conservative estimate based on those figures.

Factor in 3% inflation a year brosus.

[flyinb501]

Originally Posted by FwdFtl

BMW has the 13' 650i convertible for lease at $889/month (probably $960/month after taxes) and $100k salary is roughly $8k a month.

Considering a decent mortgage and other expenses in life, seems like it's enough to afford it.

Do you not pay taxes? In order to take home $8k a month you're going to need to make much more than $100k...

[Uber V8]

^^ Sorry math wizard. I did a quick mental calc, but even after taxes, you'd still be fine with a $100k salary.

It's weird when we get OT in OT.

[keepittrill]

Bottom line is, BMW offers CHEAP ASS leases. Leasing a 100K car from BMW is different than leasing a 100K car from Mercedes or Audi.

[yousefnjr]

Originally Posted by keepittrill

Text based social conversation is about conveying a message, not worrying about the finer points of your grammar, spelling etc etc.

... Get out!

[flyinb501]

Originally Posted by FwdFtl

^^ Sorry math wizard. I did a quick mental calc, but even after taxes, you'd still be fine with a $100k salary.

It's weird when we get OT in OT.

It doesn't take a math wizard to know that in that tax bracket you are paying 30 - 40% of your income. I would not spend that kind of money on a car with a salary of $100k.

[Foxrus14]

Originally Posted by LSPowered

He's an idiot, but whatever. He overpaid for the car regardless.

A problem that all of us that own BMW are guilty of.

[Uber V8]

Originally Posted by flyinb501

It doesn't take a math wizard to know that in that tax bracket you are paying 30 - 40% of your income. I would not spend that kind of money on a car with a salary of $100k.

Please excuse my hyperbolic statement, but I was only referring to what the 100k comes out to per month. I am grateful for you catching my error.