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Old 08-05-2018, 10:13 AM
 
64,510 posts, read 66,075,955 times
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i loved all my bmw's so you won't get me talking you out of them . but the lower end models are meh . they really are not what bmw's are about . i mean the sump from a 328I to a 330 was so night and day i would never buy a bmw then if i could not at least start at the 330 . the 328i was meh .....the 330 had head snapping acceleration fabulous handling in comparison and
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Old 08-05-2018, 10:13 AM
 
3,961 posts, read 1,590,532 times
Reputation: 12349
Quote:
Originally Posted by southkakkatlantan View Post
Good point RE: the bolded.

Man I keep trying to make myself like the Prius...I know they are basically the ultimate frugality vehicle. I don't want to say how I feel about the looks of that car...I need to move my mentality past that part and focus on the reliability and potential cost savings I guess??

Gotta say it. I love my CRV.
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Old 08-05-2018, 10:14 AM
 
2,008 posts, read 1,798,958 times
Reputation: 3337
Quote:
Originally Posted by southkakkatlantan View Post
Good point RE: the bolded.

Man I keep trying to make myself like the Prius...I know they are basically the ultimate frugality vehicle. I don't want to say how I feel about the looks of that car...I need to move my mentality past that part and focus on the reliability and potential cost savings I guess??
That is such a spot on descriptive Prius tagline I never thought about!
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Old 08-05-2018, 10:15 AM
 
2,008 posts, read 1,798,958 times
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Quote:
Originally Posted by mathjak107 View Post
i loved all my bmw's so you won't get me talking you out of them .
Yes but you're happily retired with lots of disposable income which the OP aspires to as well. I don't imagine you had a BMW at the OP's life stage?
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Old 08-05-2018, 10:17 AM
 
Location: Atlanta
3,056 posts, read 2,976,848 times
Reputation: 1876
Quote:
Originally Posted by MinivanDriver View Post
Here's a good little speech that touches on that.
^Love it...thanks for posting that!
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Old 08-05-2018, 10:18 AM
 
Location: San Diego
32,798 posts, read 30,025,534 times
Reputation: 17682
Quote:
Originally Posted by greatblueheron View Post
The one I had years ago was in the shop a lot...got rid of it.
My BMW was the only car I've ever owned that emptied my bank account. It overheated on me and I pulled over right away. Just in that short amount of time it warped both the block and heads. They couldn't find any reason why it overheated but I got a real lesson on what a replacement motor costs. After that it was constantly breaking down and I couldn't get rid of it soon enough. Every single part on that thing was at least double compared to the Honda I had before it.

Was it a good looking car? Yes. Was it fun to drive? Yes. Was it worth it to own, oh heck no. I'll never have another one. A notch below it was my other german cars I tried out. All german all expensive to repair.
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Old 08-05-2018, 10:19 AM
 
Location: Atlanta
3,056 posts, read 2,976,848 times
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Quote:
Originally Posted by fumbling View Post
That is such a spot on descriptive Prius tagline I never thought about!
^Edited my original posting to say frugalmobile but you guys quote me too fast
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Old 08-05-2018, 10:23 AM
 
1,436 posts, read 509,451 times
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How much will your auto insurance be?

Will you pay property tax on it?
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Old 08-05-2018, 11:05 AM
 
2,008 posts, read 1,798,958 times
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Quote:
Originally Posted by southkakkatlantan View Post
^Edited my original posting to say frugalmobile but you guys quote me too fast
I like Ultimate Frugality Machine if we're talking about BMWs and Priuses haha.
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Old 08-05-2018, 12:19 PM
 
750 posts, read 369,602 times
Reputation: 1319
Quote:
Originally Posted by southkakkatlantan View Post
So I've been totally car-less for 6.5 years now.

Only issue is I moved back to a city that is very car-centric. For the past year and a half I've been back, it's worked out just fine because I work from home.

This is my first year tracking every single dollar spent in my budget using Mint and I've found I've been spending ~$220/month in ridesharing (i.e., Lyft rides). Not "too" bad IMO.

However, I have found that since moving back here without a car, I don't really see my friends much anymore, and I have been avoiding taking the 4-hour (one-way) drive home to see my mother because of the added cost of renting a car. It kinda defeats the purpose of me being back in this city to be closer to friends/family if I'm going to continue losing out on so much time with them because I don't want to spend $40 on just one 60 minute round-trip Lyft ride to see one friend or $150 for a weekend car rental to see my mother in the neighboring state. As this could add up fast, I basically keep my ridesharing expenses only to places very close (grocery stores, doctor appointments, occasional meeting up with friends that isn't too too far).

With all of that said, I am nearing closer and closer to the decision of buying a car. For years now I was set on an Accord Coupe (think 2008-2010 models) and a budget under $10k. ($5k-$9k?) But it's looking like I could get a BMW around the same year for around the same price. I love the looks of those cars and I figure since I've never had a car payment ever and will also purchase this car cash, why not get what I really want? The other part of me says this is just an itch and leaning into "keeping up with the Joneses" territory which I have been avoiding for years like the plague. I think part of me wants a little 40th birthday treat for next year as well-I've been telling myself I could always sell the car and downgrade later if I want.

Being happy with less is very important to me. In a general sense, I am but I'm sure some can relate to the feeling I'm having about this. The Accord is obviously the better decision due to upfront costs but also moreso because I understand BMWs are horribly expensive maintenance-wise...and I know nothing about cars TBH. So. I could use some reminders of the importance of making the right/most frugal decisions when it comes to a major purchase like this one.
Iíve owned plenty of both Honda and BMW. The BMW is much more fun, but they start to cost a lot at about 75k , in my experience. For me, the thrill of a new car goes away in a year. But the thrill of a frugal purchase lasts the lifetime of the car. In Hondaís case, up to 15 years.

If you are the type of person who doesnít experience the thrill of a frugal purchase, get the bmw. Otherwise, get the Honda, because you will be kicking yourself once the new factor wears off with the bmw.
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