Should I make a purchase? 2011 BMW 328i xDrive Sedan

[dipsetgeneral]

You can not miss a payment but doesn't mean a thing if you just pay the minimum or slightly above

You will need a cosigner; I can assure you that if you are even approved with that as an option plus you will get a really high interest rate

What is your credit score?

I honestly don't eem' know the score exactly.

do you even know your credit score?

based on what youve said...........besides that fact that your income is low an this is def out of your league............your credit history is pretty slow/not much, an youve got delinquent history on file

you think youre gonna get a CPO BMW bro?

im not even tryna be mean its just mind boggling how many ppl have no concept, this is why ppl are in debt no matter 1300 a month, 2300 a month 3300 a month etc i just dont get it

anyways im glad youre checking with NT first so ppl can help you get your mind right

I don't eem' know my credit score. Yeah, it's wiser to check in wit' the NT fam. I know some of y'all know ya stuff, so I had to inquire.

I'll chime in. I'm in car sales and there is a 95% chance you won't get approved on in come alone?maybe with a co. With 2k down you could lease a nice focus or fusion on a low mile lease for around 200.00 a month you'll get great gas mileage and no worries except if you go over your miles. Ford has a first time buyer program on short term leases. That's what I sell so I know what they have going on. Also Chrysler has some stupid lease deals going on now. You gotta crawl before you walk. I bought a used sts when I was younger and it was a huge mistake. Yeah the luxury is nice when your trying to floss to it isn't practical .. Or if you can't lease save up about 5-6 k and cash put a solid used car.

 

[Rootin4EverybodyBlack]

http://www.bmwofsudbury.com/certified/BMW/2011-BMW-328i-b562f0e50a0a00023da276ef2cf11a89.htm
CPO. Sale price $24,398. 26K miIes

Have had a credit card since Sept 2007. Made every payment on time. Closed that BOA credit card in May 2013. Joined Capital One in August 2014 and have made every credit card payment on time. Have had delinquent student loan payments in the past. Have paid them for the past year and on time. Nothing has ever been defaulted.

How much am I looking at for monthly payments? I make $1300 a month.

That is a horrible financial decision. You're gonna have like a 500/month carnote (including insurance)..add gas and you're looking at 650/month into a car with only 650 left for ..everything else.

 

[dipsetgeneral]

^ been said about 5,000,000 times already, but I appreciate the suggestion.

+

Whenever you guys have free time. Please post some vehicles I should look into getting. I'm open to check them all out. I'll be awake during my overnight shift

 

[Rootin4EverybodyBlack]

^ been said about 5,000,000 times already, but I appreciate the suggestion.

+

Whenever you guys have free time. Please post some vehicles I should look into getting. I'm open to check them all out. I'll be awake during my overnight shift

My bad

But get a 2-3 year old Hyundai if you're looking to buy a car. Great gas mileage, fairly reliable, still will have 2-3 years left on the limited warranty and 5-6 more years left on the powertrain warranty.

If you're going to lease a car look for a Civic or Fusion.

Just focus on basic transportation, nothing fancy.

 

[dipsetgeneral]

My bad

But get a 2-3 year old Hyundai if you're looking to buy a car. Great gas mileage, fairly reliable, still will have 2-3 years left on the limited warranty and 5-6 more years left on the powertrain warranty.

If you're going to lease a car look for a Civic or Fusion.

Just focus on basic transportation, nothing fancy.

Ok should I finance new? Lease? Finance CPO? Or buy used?

 

[al audi]

OP you have a co signer? I dunno how ppl are suggesting you lease.

 

[dipsetgeneral]

OP you have a co signer? I dunno how ppl are suggesting you lease.

Yeah I do.

 

[tsamshox]

Realtalk just get a used mid 2000's civic/accord for no more than $6500 and call it a day. Wait till ya get ya funds up, start your career, stack that paper, then cop a CPO 2014 BMW 528i for around 26g's a couple of years from now once your financially well off.

 

[celticspride34]

Realtalk just get a used mid 2000's civic/accord for no more than $6500 and call it a day. Wait till ya get ya funds up, start your career, stack that paper, then cop a CPO 2014 BMW 528i for around 26g's a couple of years from now once your financially well off.

a 5 series with a 4 cylinder wack...

 

[waitwut]

tbh CPO >>>>>>>>>>>>>>>>>>>>>>>>>>>

 

[Rootin4EverybodyBlack]

Ok should I finance new? Lease? Finance CPO? Or buy used?

Depends on how much you drive.

If you don't drive a lot and just need basic transportation for right now I say lease.

If you drive a lot and want to keep your car 4+ yrs I say finance CPO.

 

[mplsdunk]

who in their right mind would co sign you? Man eff coping a new whip. Learn to work on your Toyota. Be a man and do your own work. At least the basics.

I would have sold my god damn German car already if I paid for all my work. German isn't the way to go if you can't fix it yourself and don't have the cash to fix the million things that will go wrong.

 

[dipsetgeneral]

Realtalk just get a used mid 2000's civic/accord for no more than $6500 and call it a day. Wait till ya get ya funds up, start your career, stack that paper, then cop a CPO 2014 BMW 528i for around 26g's a couple of years from now once your financially well off.

I am satisfied with this plan.

 

[triple homicide]

I didn't read all of the pages...just your first post.

You should stay as far away from this purchase as possible.

Buying that car at that price, with your income will kick your ***. And, there won't be much you can do about it.

Stack your cash instead.

 

[dipsetgeneral]

I didn't read all of the pages...just your first post.

You should stay as far away from this purchase as possible.

Buying that car at that price, with your income will kick your ***. And, there won't be much you can do about it.

Stack your cash instead.

I gotcha' man, thanks for the advice.

 

[dipsetgeneral]

What do you guys think about car auctions? Yay or nay?

 

[Peep Game]

You can find some great gems at auctions (my dad used to buy and sell cars). But...you can also get royally screwed as well

 

[flyny]

What do you guys think about car auctions? Yay or nay?

Yay all the way
Just make sure you bring a friend that's a mechanic with you
I know people that got good **** at car auctions. Cars that were seized during drug raids etc

 

[stillin729]

car auctions can be pretty good

I found a Twin Turbo 300ZX there and should have bought it but chickened out; saw it on the road on Friday and felt super salty

 

[halftime]

Yes to the car auctions.

The things I've seen go over there for the prices are crazy. But yes, bringing a mechanic with you is extremely important.

 

[dipsetgeneral]

Word. Ok, I see.

Check these whips out...

http://www.carsforsale.com/used_cars_for_sale/2002_lexus_es+300_225264945_24

http://www.carsforsale.com/used_cars_for_sale/2004_nissan_sentra_226860647_26

http://www.carsforsale.com/used_cars_for_sale/2009_honda_civic_226771156_28

http://www.carsforsale.com/used_cars_for_sale/2010_hyundai_elantra_226281012_37

http://www.carsforsale.com/used_cars_for_sale/2009_toyota_camry_226283086_42

http://www.carsforsale.com/used_cars_for_sale/2009_nissan_sentra_222254019_43

http://www.carsforsale.com/used_cars_for_sale/2008_hyundai_accent_226566208_44

http://www.carsforsale.com/used_cars_for_sale/2009_kia_spectra_225870968_47

http://www.carsforsale.com/used_cars_for_sale/2007_hyundai_elantra_225833111_59

http://www.carsforsale.com/used_cars_for_sale/2008_honda_civic_226224078_62

http://www.carsforsale.com/used_cars_for_sale/2009_nissan_sentra_225882100_65

http://www.carsforsale.com/used_cars_for_sale/2011_hyundai_accent_225963818_69

http://www.carsforsale.com/used_cars_for_sale/2006_nissan_sentra_226224023_78

http://www.carsforsale.com/used_cars_for_sale/2007_nissan_sentra_218716680_80

http://www.carsforsale.com/used_cars_for_sale/2007_nissan_sentra_225687879_83

http://www.carsforsale.com/used_cars_for_sale/2008_honda_civic_212253221_85

http://www.carsforsale.com/used_cars_for_sale/2003_cadillac_cts_224968471_86

http://www.carsforsale.com/used_cars_for_sale/2008_hyundai_accent_177150890_90

http://www.carsforsale.com/used_cars_for_sale/2008_nissan_sentra_225660195_88

http://www.carsforsale.com/used_cars_for_sale/2002_mercedes-benz_c-class_226607758_94

http://www.carsforsale.com/used_cars_for_sale/2009_hyundai_sonata_226049052_97

http://www.carsforsale.com/used_cars_for_sale/2012_kia_forte_225843652_101

I got a bunch more, but these look like steals!

 

[yeezusdisciple]

What do you guys think about car auctions? Yay or nay?

From what i can tell ur kinda clueless when it comes to motor vehicles so i wouldnt suggest it bruh

 

[ballinsam23]

These 3 caught my eye. Make sure the titles are clean, do a test drive, and get a carfax (very important). Also ALWAYS NEGOTIATE THE PRICE.

http://www.carsforsale.com/used_cars_for_sale/2002_mercedes-benz_c-class_226607758_94

http://www.carsforsale.com/used_cars_for_sale/2009_toyota_camry_226283086_42

http://www.carsforsale.com/used_cars_for_sale/2009_honda_civic_226771156_28

 

[dipsetgeneral]

These 3 caught my eye. Make sure the titles are clean, do a test drive, and get a carfax (very important). Also ALWAYS NEGOTIATE THE PRICE.

http://www.carsforsale.com/used_cars_for_sale/2002_mercedes-benz_c-class_226607758_94

http://www.carsforsale.com/used_cars_for_sale/2009_toyota_camry_226283086_42

http://www.carsforsale.com/used_cars_for_sale/2009_honda_civic_226771156_28

Thanks man. I shall do that!!

 

[dipsetgeneral]

I think Mercedez Benz' are expensive to fix, in case of any repairs. I dunno' if I want that burden.