Living in an Apt Driving a BMW?

angler · 03-09-2010, 07:39 PM

what do you think?

nukezero · 03-09-2010, 08:25 PM

Quote:

Originally Posted by racedoc11

The issue is not just a house! It is where this house is? it is better to live in an apt in a better neighbourhood than having a house in a bad one...

true!

i'll live in a 1000 sq. ft. apt on Rodeo drive in beverly hills for $1500 / mo. versus living in a 2000 sq. ft house in COMPTON or South Central LA for the same price.

Everything is relative! There is no right answer.

you also have to understand there was an article that compared buying a home vs. living in an apartment. And it went to showed that if YOU knew your finances and accounting, that assuming all equal cost, that living in an apartment and saving the difference and putting it in savings compounds faster after 30 years versus the appreciatio of a house. That is also because a savings account doesn't lose equity, only inflation. But a house can not only lose value due to inflation but also due to the volatile market.

josephr25 · 03-09-2010, 08:31 PM

Live at home like me. Woo.

I'd like to have my own place though. A BMW eventually just becomes a means of taking me from point A to B rather than a luxury or cool car.

bulldog_yyc · 03-09-2010, 08:32 PM

Quote:

Originally Posted by ellipsis212

i live in Manhattan. should i save up for a house that doesn't exist?

LOL

E90330iS · 03-09-2010, 08:36 PM

his point is really just asking if it is smart to spend too much money on a car when he does not have a house yet.

GregTheStig · 03-09-2010, 08:39 PM

If it was a nice apartment in a good neighborhood I'd get another BMW before I upgraded. Who cares if I have messed up priorities? I'm still driving a BMW.

Javier · 03-09-2010, 08:46 PM

i live in the BMW

JoeyBananaz18 · 03-09-2010, 09:01 PM

Quote:

Originally Posted by Majikthese42

The (brilliant) apartment-dweller wold have lost far less money on depreciation of a BMW than on a house over the last few years.

lol i knew i made the right choice lmao

dpwr · 03-09-2010, 09:08 PM

do what makes you happy

BayMoWe335 · 03-09-2010, 09:10 PM

Do we really believe in the "do what makes you happy" thesis?

aitsu · 03-09-2010, 09:45 PM

i live in a van down by the river!

e90-ZeRo · 03-09-2010, 09:49 PM

Quote:

Originally Posted by BayMoWe335

Do we really believe in the "do what makes you happy" thesis?

I sure do. In Glendale, CA I see people with brand new S-Class and 7-series (Li's too) parked in front of apartments. It's fairly common. I'm not pointing at any particular race here, but Armenians really do love their Mercs! Glendale is Merc city but to be honest, in general, a majority of the cars feel like they're European. Mostly Benz's, Bimmers 2nd, and Audi's last.

Watch this video, I laughed so hard when I was shopping for a car (I like Merc's but I feel that's when I retire). It's so true.

So a 3-series in an apartment seems fine. Though if you have a 5-series or above and living in an apartment, your priorities are definitely in need of adjustment. Though who am I to judge, if you analyze my situation, i'm not much better!

jopa489 · 03-09-2010, 09:52 PM

Not sure why this matters at all? Do what you like and what makes you happy.

bsamoul · 03-09-2010, 09:54 PM

Quote:

Originally Posted by Javier

i live in the BMW

deletedelete · 03-09-2010, 10:02 PM

Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all.

JoeyBananaz18 · 03-09-2010, 10:04 PM

Quote:

Originally Posted by Prowess Symphony

Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all.

guilty! i dont live off them. just with them while im trying to get myself established.

Ron1n · 03-09-2010, 10:04 PM

Quote:

Originally Posted by nukezero

true!
i'll live in a 1000 sq. ft. apt on Rodeo drive in beverly hills for $1500 / mo. versus living in a 2000 sq. ft house in COMPTON or South Central LA for the same price.

If you're going to make a statement like this, try and make it semi-believable.

There's no such thing as a $1500 apartment on Rodeo with a Beverly Hills address. I had a condo in Carmel Mountain that size, and it was more than that.

e90-ZeRo · 03-09-2010, 10:07 PM

Quote:

Originally Posted by Prowess Symphony

Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all.

HEY! I'm trying... i'm... in a transitional stage!

deletedelete · 03-09-2010, 10:09 PM

Quote:

Originally Posted by JoeyBananaz18

guilty! i dont live off them. just with them while im trying to get myself established.

Quote:

Originally Posted by TyPe-ZeRo

HEY! I'm trying... i'm... in a transitional stage!

Theres a big difference between getting some help from the folks and all the m3 guys who cant afford a kia on there own but make fun of everybody.

ABSAUTOBODY · 03-09-2010, 10:24 PM

Quote:

Originally Posted by 335fourdoor

wgaf

+99999999

CRWaaa · 03-09-2010, 11:16 PM

Quote:

Originally Posted by BayMoWe335

What do we think about driving a newer BMW and living in an apartment? In general, I am talking about a person who chooses to live in an apartment because they choose to drive an expensive car. Not college students.

Should this person be saving for a house or is it perfectly acceptable to be, let's say 30 or over, living in an apartment with an expensive car?

As long as its a nice apartment in a decent area with a garage, then its so having an expensive car.

I've only been out of college a couple year so Im under 30 but I've already owned two BMWs (04 E46, 08 E92) and lived in apartments.

Should I be saving for a house, probably, but I looked at it like this...I'll probably get a house when I get married and when I get married I won't be able to just go out and upgrade BMWs every few years due to a wife. So I might as well have fun now and drive an expensive car.

mkato13 · 03-09-2010, 11:23 PM

I am 30 living in an apartment owning a BMW. Would I like a house? Sure is it a priority? Nope. I like not having to deal with all the BS attached to owning a house right now. Plus im not sure where I am in life, meaning finding a girl to spend life with, which state do I want to live in, which job to I want to cahnge to in my current career(thankfully I can do that). I guess the most important piece of info is that I live in an apartment by choice not by financial reasons.

03-09-2010, 07:39 PM	#23
angler love to fish! 46 Rep 649 Posts Drives: 13: SG 135i M-Sport Cabrio 6mt Join Date: Aug 2008 Location: riding in the ultimate tanning machine iTrader: (1)	what do you think? __________________ PSS\|PPK\|PE\|LUX H8 V4's\|CDV Delete\|Performance Pedals\|Motorsport Emblem\|
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03-09-2010, 08:31 PM	#25
josephr25 Major 68 Rep 1,456 Posts Drives: 2008 E92 335i Join Date: Aug 2008 Location: Irvine, CA iTrader: (2) Garage List 2008 BMW 335i Coupe [0.00]	Live at home like me. Woo. I'd like to have my own place though. A BMW eventually just becomes a means of taking me from point A to B rather than a luxury or cool car. __________________ "Yeah; well, my interior is better."
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03-09-2010, 08:36 PM	#27
E90330iS Major General 143 Rep 6,333 Posts Drives: BMW M4 Join Date: Jan 2006 Location: Arcadia, California iTrader: (56) Garage List 2006 330i [0.00]	his point is really just asking if it is smart to spend too much money on a car when he does not have a house yet. __________________ 2017 BMW M4 DCT Lease Transfer: https://f80.bimmerpost.com/forums/sh...8#post23736398
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03-09-2010, 08:39 PM	#28
GregTheStig derp 48 Rep 1,203 Posts Drives: a Tuk Tuk Join Date: Feb 2010 Location: Atlanta, GA iTrader: (1)	If it was a nice apartment in a good neighborhood I'd get another BMW before I upgraded. Who cares if I have messed up priorities? I'm still driving a BMW. __________________
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03-09-2010, 08:46 PM	#29
Javier Major 80 Rep 1,109 Posts Drives: 335i E92 Join Date: Nov 2006 Location: Puerto Rico iTrader: (0)	i live in the BMW __________________ 2007 328i Crimson Red SOLD 2010 335i MSport AW E92
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03-09-2010, 09:08 PM	#31
dpwr Captain 36 Rep 852 Posts Drives: a good one Join Date: Oct 2008 Location: Toronto iTrader: (0)	do what makes you happy
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03-09-2010, 09:10 PM	#32
BayMoWe335 Colonel 1176 Rep 2,132 Posts Drives: 2010 E92 335i 6MT Join Date: Aug 2009 Location: US iTrader: (0)	Do we really believe in the "do what makes you happy" thesis?
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03-09-2010, 09:45 PM	#33
aitsu Mmmmm.. torque.... 45 Rep 367 Posts Drives: Imola Red F80 M3 Join Date: Sep 2008 Location: Dallas Area, TX iTrader: (0)	i live in a van down by the river! __________________ 2018 Imola Red F80 M3 ZCP 2016 Yas Marina Blue F82 M4 ZCP 2011 Le Mans Blue E92 M3 2010 Le Mans Blue E92 335i
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03-09-2010, 09:52 PM	#35
jopa489 Major General 122 Rep 6,594 Posts Drives: Anything with Wheels Join Date: Mar 2009 Location: USA iTrader: (9)	Not sure why this matters at all? Do what you like and what makes you happy. __________________ X7 LCI // Incoming C7 ZR1 ZTK // Sebring + TRX // Hydro + Raptor Gen1 Roush // Tuxedo
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03-09-2010, 10:02 PM	#37
deletedelete Major General 361 Rep 5,873 Posts Drives: m Join Date: Nov 2008 Location: usa iTrader: (14) Garage List 2013 e92 M3 [0.00] 2011 e93 M3 (sold) [0.00] 2009 335xi (sold) [0.00]	Do you know whats worse then living in an apartment and driving a bmw. Living in your parents house and driving a bmw!!! If you can pay for an apartment and bmw then great. Be ashamed of all the poor kids who live off of mommy and daddy which actually have no money at all. __________________ ---> Click For xi/xDrive Suspension Compatibility List <---
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03-09-2010, 11:23 PM	#44
mkato13 Second Lieutenant 8 Rep 278 Posts Drives: 2010 Jet Black 335xi Join Date: Dec 2009 Location: Northern NJ iTrader: (0)	I am 30 living in an apartment owning a BMW. Would I like a house? Sure is it a priority? Nope. I like not having to deal with all the BS attached to owning a house right now. Plus im not sure where I am in life, meaning finding a girl to spend life with, which state do I want to live in, which job to I want to cahnge to in my current career(thankfully I can do that). I guess the most important piece of info is that I live in an apartment by choice not by financial reasons.
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