How old are you m5 owners?

Advantage · 10-23-2017, 04:12 PM

46

///3dkn · 10-24-2017, 12:23 AM

34

ShockArrival · 10-24-2017, 06:09 AM

Quote:

Originally Posted by VoytekM5

surprised as all the young guys driving 4 door sedans... when I was your age I was driving corvettes and vipers lol

this is the only 500hp car I could own with kids

Best place for car seats is the back of an M5 Sir! 36 here.

MyF15+F85 · 10-24-2017, 06:23 AM

48 ( I feel like .... No ! none of that )

termigni · 10-24-2017, 07:39 AM

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

naiza3k · 10-24-2017, 08:09 AM

31!

xxjasonb0urnexx · 10-24-2017, 08:43 AM

Quote:

Originally Posted by termigni

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

Depreciation is crazy on these. 50%+ in 3 years from new. It's basically the same as buying a base corvette or loaded camaro ss.

I'm a couple months shy of 25, and bought my 2013 M5 while 23...because it was the same price as a new 2016 5 series when I visited the dealer, and it happened to be on the lot. I was trading in a 2012 335i with red seats after a nice promotion :-).

Neither my wife nor I miss the 3 series.

Vonhaas · 10-24-2017, 09:08 AM

Quote:

Originally Posted by termigni

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

My dad passed his down to me.

Royce Martin · 10-24-2017, 10:36 AM

Quote:

Originally Posted by termigni

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

We’re more advanced in this generation as the next generation will be more advance than the current & some kids are privelaged.

YanoM5 · 10-24-2017, 01:56 PM

34

ARKONE · 10-24-2017, 03:07 PM

20 when I had my F10 m5, will be 22 when I buy the new F90

ARKONE · 10-24-2017, 03:11 PM

Quote:

Originally Posted by termigni

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

I bought my F10 M5 for $71,000 in 2014 when I was 19. Thanks bitcoin! I put 40k miles on the car in 18 months and was hit by a drunk driver. Got a check for $5k for diminished value and sold the car for $45,000. Net cost to own the car for almost 2 years was $21,000!

The kicker is I'm in financial planning now! But as long as you're not financing a depreciating asset; most 20-something year olds are earning $75k-$100k+ out of college.

It's my second year in the work force and my take home this year will be just shy of $190k. I plan on using my year-end bonus on the deposit for the F90.

TrevorM3 · 10-24-2017, 06:02 PM

Quote:

Originally Posted by ARKONE

I bought my F10 M5 for $71,000 in 2014 when I was 19. Thanks bitcoin! I put 40k miles on the car in 18 months and was hit by a drunk driver. Got a check for $5k for diminished value and sold the car for $45,000. Net cost to own the car for almost 2 years was $21,000!

The kicker is I'm in financial planning now! But as long as you're not financing a depreciating asset; most 20-something year olds are earning $75k-$100k+ out of college.

It's my second year in the work force and my take home this year will be just shy of $190k. I plan on using my year-end bonus on the deposit for the F90.

funny guy here eh?

ORIGIN M. · 10-24-2017, 06:29 PM

Quote:

Originally Posted by carrera2RSL

51, oldest so far !

I bet you don't live with your parents either.

ORIGIN M. · 10-24-2017, 06:32 PM

Quote:

Originally Posted by termigni

wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k.

A majority still live with their rents.

ORIGIN M. · 10-24-2017, 09:07 PM

Quote:

Originally Posted by TrevorM3

Quote:

Originally Posted by ARKONE

I bought my F10 M5 for $71,000 in 2014 when I was 19. Thanks bitcoin! I put 40k miles on the car in 18 months and was hit by a drunk driver. Got a check for $5k for diminished value and sold the car for $45,000. Net cost to own the car for almost 2 years was $21,000!

The kicker is I'm in financial planning now! But as long as you're not financing a depreciating asset; most 20-something year olds are earning $75k-$100k+ out of college.

It's my second year in the work force and my take home this year will be just shy of $190k. I plan on using my year-end bonus on the deposit for the F90.

funny guy here eh?

Yeah he is. Most 20 year olds are not making 75-100K right out of college.

It is right around $50K actually.

ykjones · 10-24-2017, 09:13 PM

Quote:

Originally Posted by JMD

57,....retired Marine! ...feel like 47! :-) Oorah!

oooh rah! Another retired Marine here too. Retired MGySgt. 89-2011. Semper Fi!

ykjones · 10-24-2017, 09:14 PM

Just turned 48 yesterday

ORIGIN M. · 10-24-2017, 09:14 PM

Quote:

Originally Posted by ykjones

Quote:

Originally Posted by JMD

57,....retired Marine! ...feel like 47! :-) Oorah!

oooh rah! Another retired Marine here too. Retired MGySgt. 89-2011. Semper Fi!

Thanks for putting foot to ass for our country!

And Happy Birthday!!

ykjones · 10-24-2017, 09:21 PM

Just turned 48 yesterday

ARKONE · 10-24-2017, 10:43 PM

Quote:

Originally Posted by TrevorM3

funny guy here eh?

Quote:

Originally Posted by ORIGIN M.

Yeah he is. Most 20 year olds are not make 75-100K right out of college.

It is right around $50K actually.

Haha, I guess you're right about the "average" 20-year old.

Average income is $50k; but Engineering and Comp Sci is $60-$65k base. I know a couple of CAT adjusters at age 21 they are clearing $200k in income. That $50k number factors in the idiots that major in Philosophy and History, aka baristas....

Once you factor in a decent school + decent degree, $75k is the minimum. Most of my buddies either went pro, big tech contracts in Cali, or took a exec role in their parents' company.

Those that went pro earned $100k-$800k. Tech guys not counting RSUs pocket around $120k-$180k factoring in relocation and bonuses. Those that took over the businesses:

One took over a metal stamping company, draws a $250k salary

One took over multiple dealerships, draws a $750k salary (also not 21, but like 30 almost)

Last one took over real estate portfolio, draws a $200k salary

So, yes... you're right about the average-20 year old pulling in $50k, but the average 20-year doesn't care abut an M5!

ARKONE · 10-24-2017, 10:45 PM

Quote:

Originally Posted by ykjones

Just turned 48 yesterday

Happy belated birthday!

10-23-2017, 04:12 PM	#45
Advantage Second Lieutenant 87 Rep 210 Posts Drives: 2019 BMW M5 F90 Competition Join Date: Jan 2017 Location: Minnesota iTrader: (0)	46
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10-24-2017, 12:23 AM	#46
///3dkn Major 1489 Rep 1,388 Posts Drives: F87 M2C Join Date: Jan 2012 Location: Unknown iTrader: (9) Garage List 2019 BMW M2C [8.67]	34
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10-24-2017, 06:23 AM	#48
MyF15+F85 First Lieutenant 50 Rep 388 Posts Drives: 2015 F85 and 2015 F15 Join Date: Jul 2011 Location: Hamilton ON iTrader: (0)	age 48 ( I feel like .... No ! none of that )
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10-24-2017, 07:39 AM	#49
termigni Lieutenant Colonel 1080 Rep 1,761 Posts Drives: S2000, MacanS, M4CS Join Date: Oct 2006 Location: NJ iTrader: (0) Garage List 2018 BMW M2 [0.00]	wow how do early 20s afford a $100k sports sedan? I had a E46 M3 in my early 20s with a decent job but it was no where near $100k. __________________ 2020 ///M4 CS, Alpine White, DCT 2018 ///M2 LCI, Metallic Orange, 6MT, Exec Pkg, Apple.. Sold Instagram: Tommys911
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10-24-2017, 08:09 AM	#50
naiza3k Captain 175 Rep 620 Posts Drives: 2013 M5 & 2019 x7 xdrive50i Join Date: Nov 2014 Location: Denver, CO iTrader: (1)	31! __________________ 2013 M5 Space Gray, Piano Black\|Night Vision\|Every option\|6MT\|RW Carbon front Lip\|Vorsteiner Rear Diffuser\| 2019 x7 50i White, Loaded \| chrome delete \| black grill \| Previous: 2015 X5 Graphite, \|All options\| - 2014 435i Xdrive Msport, \|Fully Loaded\|6MT\|FBO\|JB4\|Front,side,rear lips/spoilers\|- 2015 320i Xdrive, \|Wife's beater\| - 2008 535i Xdrive
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10-24-2017, 01:56 PM	#54
YanoM5 Captain 504 Rep 673 Posts Drives: 2018 Individual Nardo M5 Join Date: Oct 2015 Location: WA iTrader: (1)	34
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10-24-2017, 03:07 PM	#55
ARKONE Lieutenant 59 Rep 513 Posts Drives: '11 458; '16 Escalade; '12 Z4 Join Date: May 2013 Location: United States iTrader: (0)	20 when I had my F10 m5, will be 22 when I buy the new F90 __________________ 2018 Lamborghini Huracan Performante 2012 Ducati Panigale 1199 S 2019 Ducati Panigale V4R
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10-24-2017, 09:14 PM	#62
ykjones Master Gunnery Sergeant 72 Rep 220 Posts Drives: 2013 F10 M5 Signapore Gray Join Date: Jul 2016 Location: Kalispell, MT iTrader: (0)	Just turned 48 yesterday __________________ VF Engineering Hex Stage 1, RPI GTM Black edition, KW HAS, Dinan sway bars, Matt Schnell spacers, IND black chrome, M Performance rear spoiler, M Performance rear diffuser, Michelin Pilot Sport 4S's, ESS stainless steel brake lines, EBC Red Stuff ceramic pads, BMC air filters, charcoal filter delete, sprint booster, V1w/Blendmount, BIM coding all options, Pedal Haus pedals, Formula One Pinnacle Tint
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10-24-2017, 09:21 PM	#64
ykjones Master Gunnery Sergeant 72 Rep 220 Posts Drives: 2013 F10 M5 Signapore Gray Join Date: Jul 2016 Location: Kalispell, MT iTrader: (0)	Just turned 48 yesterday __________________ VF Engineering Hex Stage 1, RPI GTM Black edition, KW HAS, Dinan sway bars, Matt Schnell spacers, IND black chrome, M Performance rear spoiler, M Performance rear diffuser, Michelin Pilot Sport 4S's, ESS stainless steel brake lines, EBC Red Stuff ceramic pads, BMC air filters, charcoal filter delete, sprint booster, V1w/Blendmount, BIM coding all options, Pedal Haus pedals, Formula One Pinnacle Tint
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