Fully Agreed.
Therefore all those old uncles above 40 years old please don't waste your money buying car that you cannot handle or don't rev above 4,000rpm.
Have a vision to buy a new M3 costing about $350k in the near near future.
I was given an estimated monthly instalment of $5k for 7 years repayment with $0 deposit
I am wondering how much my monthly salary need to be to afford this monthly instalment of $5k?
Or should I phase it that what you think your monthly salary should be when you commit to a loan of $5k repayment.
Go for it man - you only live once! Screw the financial calculations la... just think of all the respect you'll get on the forum Don't be an "old uncle" driving a sports car.
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