11-08-2019, 09:23 AM | #89 |
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It is crazy how much many of us spend on cars.
As I get closer to 50 than 40 I have started to think about it a bit more, I'm 46 now. I had to pull out of my pension scheme in 2010, financially couldn't afford it. I have just got a quote to start again, retiring at 67, I now need to pay in £2600 a month with work contributing £4000 a year to have £34k a year pension. I think back to all the years where I have had 2 cars on finance, costing £700+ a month and all I can think is "You twat!". That is just £700 on payments, then you add in the £400 in fuel, £100 insurance, £100 upkeep for both and you are looking at the best part of £15000 a year on motoring, that is the first £25k of wage gone on cars. I crunched some numbers and realised my excessive car spending over the years has cost me dearly, if I had been far more sensible in my 20s and 30s I could have retired at 55 maybe even 53. If I then add in what I have wasted on HiFi and Home Cinema, cameras, the latest phones and macbooks etc. etc. I could have probably retired at 45. Oh, well, in it till I'm 67 now, may as well grab an M340i Touring I guess. Haha |
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11-08-2019, 10:06 AM | #90 | |
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We all have to control costs - I guess its how much time and effort you want to put in to that. When the kids were little, we just didnt have stuff, as I spent the money on them and doing what we could for them with one income. Now I am a bit more fortunate and I am not going to get excited about saving a couple of quid if it takes up time and my attention when I could be spending it with my kids, grandson - or prepping for the one on the way in the next couple of weeks. We all have different priorities, that's cool. I know lots of people who think I am a tight fisted git as I wont buy costa or starbucks or similar as a waste of money - and I walk across London and save the £5 a day.... as well as walking to the station despite having 2 cars to save £8.50 parking! You can make your choices, but I dont have to agree.... |
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11-08-2019, 10:54 AM | #91 | |
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Ps. Thanks for the coffee, I'd have brought a flask and two cups if I'd known! |
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11-08-2019, 10:57 AM | #92 | |
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11-08-2019, 11:00 AM | #93 | |
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You generally expect investments to generate a return some way above inflation, but this seems to be just about keeping pace with inflation. |
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11-08-2019, 11:02 AM | #94 | |
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The truth is, I don't care about those things, knew it when I got the car and its how it is. But also accept that is just me and others are different. Social coffee is OK, its the "I must have my skinny double shot, cinnamon macchiato on the way to work" shit that bothers me.... |
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11-08-2019, 11:05 AM | #95 | |
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If we didnt spend on life we could have a really good period before death. Or you can do shit when you are younger and have less when you are older... Like you my pension wont be enough when I retire - well not to have a new car every two years, two holidays, blah blah. But I'll probably be too old to make the best of it... so I'll have the car I want now instead..... |
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11-08-2019, 11:25 AM | #96 |
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Guys, how much is a Honda Jazz and some beige slacks anyway?
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11-08-2019, 11:28 AM | #97 |
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11-08-2019, 11:32 AM | #98 | |
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EDIT1: Literally the firstt 2 Honda Jazz pictures I could find. EDIT2: After posting the 2nd pic, pension fund also needs to account for 'ahem' blue pills. *Man maths spreadsheets do not have columns for healthcare and care homes.
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Last edited by JustChris; 11-08-2019 at 11:39 AM.. |
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11-08-2019, 11:37 AM | #99 |
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Is that a PR photo from a Brexit party prize draw?
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11-08-2019, 11:58 AM | #100 |
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Anyone know what the tyre sizes are on the M340i mixed 19" rims?
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11-08-2019, 12:26 PM | #102 | |
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I'm starting to warm to this car. You get a lot for your money as standard too - m sport rear diff, m adaptive suspension, variable sport steering, adaptive led headlights, acoustic glazing etc Bugger!!
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11-08-2019, 12:38 PM | #103 |
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As usual for me sorry. So back on the M340i I assume everyone is keeping track of TRLs deals as a value barometer. If not...you probably should. Link below and some really useful background reading about which options will help you out more in terms of adding to the GFV. Literally nothing for individual paint for example but the nice leather retains 1/3 value etc. ETTO of course:- https://www.babybmw.net/forum/viewto...694f90695ae4e2 BMW M340i xDrive Saloon Sports Auto. (standard spec includes metallic, leather, heated seats, folding mirrors, OS7 Live Cockpit and pro Media, Adaptive Suspension, Variable Sport Steering, Climate control, Reverse Camera, Acoustic Glazing, M Sport Differential, Adaptive LEDs, Ambient Lighting, Parking Assistant) LIST PRICE £48,555 OTR dealer contribution £6555 BMW contribution £1500 Customer Balance £40,500 Finance Examples (Low deposit scheme) Customer deposit £583 then 47 x £583.23 plus optional GFV payment of £18,121.73 based on 8000 miles pa and 4.9% APR. Higher Deposit example Customer deposit £5000 then 47 x £480.06 plus optional GFV payment of £18,121.73 based on 8000 miles pa and 4.9% APR. ------------------------------------------------- BMW M340i xDrive Touring 5 door Sports Auto List Price £50,055 OTR dealer contribution £6855 BMW contribution £1500 Customer Balance £41,700 Finance Examples (low deposit scheme) Customer deposit £599 then 47 x £599.28 plus optional GFV payment of £18,729.25 based on 8000 miles pa and 4.9% APR. Higher deposit example Customer deposit £5000 then 47 x £496.39 plus optional GFV payment of £18,729.25 based on 8000 miles pa and 4.9% APR FACTORY OPTIONAL EXTRA Costs Per month for both of the above models; Individual Paint £1100 ........ +£22pm...……. £0 increase to GFV Individual leather £990........ +£13pm...……..£360 inc to GFV Premium Pack (Saloon £1700) +£30.50pm.....£179 inc to GFV Premuim Pack (Touring £1900) +£34.60pm ...£179 inc to GFV Comfort Pack (Saloon £990 ) +£19.92pm ... £0 inc to GFV Comfort Pack (Touring £890) +£18.02pm ... £0 inc to GFV Visability Pack £1500........... +£26.50pm... £179 inc to GFV Technology Pack £1900......... +£27.60pm ... £540 inc to GFV Shadowline Plus Pack £750..... +£15.00pm ... £0 inc to GFV Sun Pro Glass £320.............. +£6.30pm ….. £0 inc to GFV Parking Assitant Plus £650..... +£9.60pm ….. £179 inc to GFV HK Sound. £820.................. +£9.30pm ... £263. inc to GFV Driving Assistant Pro £1250... +£25.03pm …. £0 inc to GFV Heated Steering Wheel.£170. +£3.05 pm .. £0 inc to GFV M Technology Package (larger brakes and cooling to engine) £300................................ +£5.95pm ... £0 inc to GFV For deposit variances please allow £22pm per £1000 of deposit increase. For mileage variances please allow £6.00pm per 1000 miles incrased per annum (So if you require 12K miles pa then add on £24pm to the monthly figure)
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11-08-2019, 01:08 PM | #104 | |
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11-08-2019, 01:45 PM | #105 |
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If that's the price of financial independence, it's too high.
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11-08-2019, 02:16 PM | #106 |
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11-08-2019, 03:38 PM | #107 | |
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Damn that deal! It's going round and around my head.
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11-09-2019, 02:10 AM | #108 | ||
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11-09-2019, 03:19 AM | #109 | |||
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Easily 20% after 6 months and 3rd Qtr on sale. Resist and wait it out
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11-09-2019, 03:37 AM | #110 | ||||
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In the build up to the Oct 31 brexit date, one carwow dealer offered me a time limited deal of over 26% on a fully loaded 5 series. That's carwow, ffs. Patience and determination win the day
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