Just here to leave a comment.. I’m Super excited to see your channel grow I think you do a great job with your video edits also I like the fact that u go into detail in all your videos/vlog. This video has helped me in a handful of ways to get me ready for my upgrade and I’m sure many more people find this video very helpful. Also what are your thoughts on m4 ? Love the car Love the channel Keep going !
Thank Alex! Appreciate the feedback and support. Its been a wild ride so far and a long journey. I try my best to put A1 quality content. The M4 is a great car. The values on them are slightly lower than the M3 since they had another year of production or so. Aesthetically, many people think the M3 is more pronounced with the fender flairs compared to the M4. I agree with that. If you don't need a true 4-door sedan and always wanted a 2-door then go for the M4. I see the M3 more practical since I can use it to transport items from Home Depot or Ikea (Long boxes) and potentially kids in the future. Not saying you can't do that in the M4 but its a lot easier in the M3.
I love the f80 generation of the m3 and I have to say this was a very good informative video. Also you have one of the cleanest f80 m3s love the whole setup
Definitely do your research. Bought a bone stock & clean 55k mile Estoril Blue 6MT M235i (fully loaded) for $19.5k. Put $6k down and financed the rest- made sure I shopped around for rates and with my 720-ish credit score, I scored a 2.64% interest rate car loan for the rest of the car payment. Paying around $290 a month, something that is very much doable for a young guy like me. Enjoying the car, blessed to have went through it in a smart way.
Its absolutely great to see others doing their diligence when it comes to making this type of purchase. You got a solid deal and whats the best part is that its a car you enjoy driving. So win win on that!
For those interested-bought a brand new 2017 M3 zCP (March 2017) for $81,000 through BMW's "BMW Select" program, (sort of like a lease in terms of lower monthly payment but you own the car - i.e. can't return the car. Obviously you can trade it in though and BMW will try to get you to trade it in!). At 2.99% APR (which was the best during the time) my payment is $1063.73 a month (with no down payment). Next year my five years are up and I'll have $24,000 left to pay. I can either pay that off or refinance the rest. Car is worth way more than I owe on it. I bought the car knowing I would keep it forever. I couldn't be happier. One of the best looking cars on the road and feel it has that timeless aesthetic. Love your channel bud! Keep it up!
That's what's good about this community where we can share our experiences which may help others in the same situation. Especially when it comes to Financials. Appreciate you sharing and thanks for checking out the video 🙏🏻
Thank you for sharing this they offered me that program but believe it’s called ballon and I loved the idea of it honestly for ME it makes so much sense
Wow that’s a pretty good deal. I just got a 2019 M4 with comp pack with 20k miles. I’m paying about $1150/m and have had a house for a year. Cars are always depreciating so it’s worth having you money in something that is appreciating. Congrats on your car bro!
Also balloon financing is one of the worst financial decisions you can make. If you can get a lot of cash in hand, use it towards a house/stock/savings. It’s not a great idea if you don’t have much in your name.
Watching this video end of 2023, LOVE LOVE the honest breakdown, this kind information is very helpful. I have a few weeks debating between the M3 F80, Lexus RCF, Lexus LC 500, or even the 2012-2014 Lexus IsF ... I know some would find those car incompatible, but hey that's where I am. Thank you again.
i lucked out and bought my 2018 m4 that had about 27k miles at the time of purchase (basically fully loaded minus the comp pkg: executive package, DCT, heated steering, android screen sharing, apple carplay, HUD, active blind spot, 19inch M 437 forged wheels, LCI Icon LED headlights, and etc... Original sticker MSRP was $78,000) back in March 2021 right before the crazy price surge for $45k before fees/tax/interest. A few months later my car was valued close to $60k.
This is a great video. I’m sure folks who are trying to get into an M3 will appreciate the transparency. In my opinion, the best way to build wealth is to invest in a property . Cars depreciates very quickly but properties will make you money faster. Once you set yourself up financially and you have a good foundation, you will have the bandwidth to get that luxury vehicle and not necessarily worry too much if it depreciates. Plus the significant other will not choke your ass out. I bought a 2016 M3 from McLaren of San Francisco a few years back with 19K miles for 60K out the door with extended warranty. I only put down 3K. I have since refinanced with my credit Union. My monthly payment is $705. It was nice to finally upgrade from the F30. $705 is still on the high side but if you bought a brand new M3 with little down, you will be paying well over 1K per month. Like Ken said, do your research. Every deal will be different because everyone situation is different. But this car is well within reach now.
Absolutely agree. Cars will depreciate but building wealth with real estate is long term key on building wealth. Wealth that you can pass onto your children. Appreciate you sharing your experience and who knows, it may help someone in the comments in the long run. Thanks for checking out the video 🙏🏻
Great vlog !! THANKS for sharing such detailed and personal info on your car and I'm glad you're keeping it. I love your passion for what you do and really shows in your vlogs. Also, I NEVER SKIP THAT ADS I WATCH THEM !! that helps also....
Thanks Mike! Appreciate it and always glad to give my honest feedback. Comments like this keep me motivated 🙏🏻🤘🏻. Thanks for watching through the ads lol 😆
Dope video brotha! Love when people discuss the finances behind their cars, I might do a similar video 🙌🏽. Biggest takeaway: make sure your significant other won’t strangle you over your purchases 🤣. That low interest rate is perfect too 💪🏽
Great videos, definitely want to continue to support your channel. I had an 2016 F80 that I sold and now have an F97 comp which has been great but I do miss having the M3.
Hello! Just joined your channel early this year during watching "invasion". Lots of useful information very informative, thanks for all you do. Been a bimmer owner since the 70s, looking forward for more useful tips and waiting for more videos on your new 2022 imola red...MAHALO AND ALOHA!
I know this is sort of later but I am actually thinking of purchasing a 6MT F80/82 in the next couple of years. Pretty interesting to see the value fluctuations, an E90 will be well out of my price range when I able to buy. I currently daily drive a 2004 S60R 6MT and a RWD BMW would be a cool second car to have.
Used car loans typically have higher interest rates than new car financing because there's more uncertainty as to the value of the car, and lenders can demonstrate that used car borrowers default more frequently on their auto loans, regardless of their credit. Used cars are a higher risk loan.
All great information, always interesting to see the breakdown. I was able to get the same interest rate from BMW (lower than my credit union lol). Rates won't stay this low forever!
Great vlog, I am in the market for an F80 M3 in the near future and this video popped up. I just subscribe as well. Great job. Looking forward for new videos 👍👍
Lots of great insight. I do know for Ad and Affiliate revenue it can be different for every channel. if you do a lot of product based reviews you tend to get more affiliate link clicks and TH-cam can focus Ads from your niche getting you higher CPM. I have seen a 10k sub channel show more revenue than a 100k subscriber channel because they were more recognizable in a High Ad rate niche.
i think the reason between the differentiating rates from used to new is because a used car is cheaper and a new car is more expensive so they would make the same amount of money whether you paid more or less for a new or used
Putting 28k down seems like a huge financial risk for a depreciating asset- luckily with used car pricing now these have kept their value but with that low of an interest it’s almost better to have that 28k work for you in different channels or cash on hand than in a rolling depreciating asset
I have multiple streams of income rolling in and have my money invested in rentals properties. If I wasn't keeping the car for long term then it probably wouldn't be a good idea to put that down payment. I intend on paying off this car and keeping it as a on going project car. I do agree, if a person didn't have much savings and put that amount down, it would be a financial risk /mistake.
Great breakdown 👍🏽man I’m looking to get the F80 also real helpful I can definitely get it the only thing is that geico things sounds Amazon! I was interested in a 15-18’ Year but won’t even be available for the Ik warranty, but the new G80 are super nice 👌🏽
Curious why did you need the Geico warranty if you still had factory warranty? Isn't that why it's so cheap? Lots of great info here...and you aren't joking about the rates right now, I'm have ~780 credit score and I actually just got 1.79% on a 72 month loan for a 2017 M3, through NWFCU. I couldn't believe it..that's brand new car rates.
In order to have the policy, Geico requires you to add it on before a certain period of time. I think it was before the 12 months period. It also only applies for cars less than 15K miles and less than 15 months old. They wont let you add it years later and ect. Which is how they make their money and especially the ones that decide to sell their car in year 4. Starting this winter, my warranty will be up and Geico's MBI will be in place to take care of any mechanical issues. Yeah you got a killer of a rate! No rush to pay that car off. Thats incredible.
Hey bro, awesome video! What do you think about paying $59k for a 2018 M3 Comp with executive package and 12k miles? Yasmarina blue with silver stone interior too (my dream build)
Not bad actually. Give you an idea, I traded my F80 M3 to the dealership and they gave me 60k trade in. I had 35k miles no accidents, stock, no mods, never tuned, and it was a 2018. This was back in June. Obviously things have changed. But I would try to haggle more especially since the market is slowing down and interest rates are rising.
It all depends, 32k for a F80 M3 might mean its at a high mileage or other underlying issues. There's no rush to get into a M car, I got into a M car when I was about 28ish. For a 2015 F80 M3, they should be roughly 45k ish in this inflated market. So you gotta ask yourself why its at 32k. What I know, is that if things break on this car, its going to cost a decent amount. Hopefully this helps.
yo g i’m 19 too tryna get one trust wait on it g the prices are gonna come down they’ve already started i’m seeing clean 2018s go through the auction for like mid to high 50s our time is coming
Hey men love your content . I leave at Fort Lauderdale also . I am about to buy an m4 I would like to have your knowledge on my purchase and also a meet to call the dealership with you I pretty sure you know more than me on negotiating. Thanks in advance
@The Daily Driven Yeah, I made my purchase immediately after that 0.9%(unbelievable). I don't know if we'll ever get back to that. The whole automobile industry is about to change and it does not look good but b4 that with all these excess vehicles in stock people might get free vehicles soon.
Just here to leave a comment.. I’m Super excited to see your channel grow I think you do a great job with your video edits also I like the fact that u go into detail in all your videos/vlog.
This video has helped me in a handful of ways to get me ready for my upgrade and I’m sure many more people find this video very helpful. Also what are your thoughts on m4 ?
Love the car Love the channel Keep going !
Thank Alex! Appreciate the feedback and support. Its been a wild ride so far and a long journey. I try my best to put A1 quality content.
The M4 is a great car. The values on them are slightly lower than the M3 since they had another year of production or so. Aesthetically, many people think the M3 is more pronounced with the fender flairs compared to the M4. I agree with that. If you don't need a true 4-door sedan and always wanted a 2-door then go for the M4.
I see the M3 more practical since I can use it to transport items from Home Depot or Ikea (Long boxes) and potentially kids in the future. Not saying you can't do that in the M4 but its a lot easier in the M3.
I love the f80 generation of the m3 and I have to say this was a very good informative video. Also you have one of the cleanest f80 m3s love the whole setup
Thanks Devin! Much appreciated with the feedback and makes the hours of coming up with the video and editing worth it. 🙏🏻
Definitely do your research. Bought a bone stock & clean 55k mile Estoril Blue 6MT M235i (fully loaded) for $19.5k. Put $6k down and financed the rest- made sure I shopped around for rates and with my 720-ish credit score, I scored a 2.64% interest rate car loan for the rest of the car payment. Paying around $290 a month, something that is very much doable for a young guy like me. Enjoying the car, blessed to have went through it in a smart way.
Its absolutely great to see others doing their diligence when it comes to making this type of purchase. You got a solid deal and whats the best part is that its a car you enjoy driving. So win win on that!
I know im late but i appreciate you for explaining everything you're doing and providing us opportunities to do it ourselves.
No problem! Thank you for giving the positive feedback! I appreciate it
For those interested-bought a brand new 2017 M3 zCP (March 2017) for $81,000 through BMW's "BMW Select" program, (sort of like a lease in terms of lower monthly payment but you own the car - i.e. can't return the car. Obviously you can trade it in though and BMW will try to get you to trade it in!). At 2.99% APR (which was the best during the time) my payment is $1063.73 a month (with no down payment). Next year my five years are up and I'll have $24,000 left to pay. I can either pay that off or refinance the rest. Car is worth way more than I owe on it. I bought the car knowing I would keep it forever. I couldn't be happier. One of the best looking cars on the road and feel it has that timeless aesthetic. Love your channel bud! Keep it up!
That's what's good about this community where we can share our experiences which may help others in the same situation. Especially when it comes to Financials. Appreciate you sharing and thanks for checking out the video 🙏🏻
Thank you for sharing this they offered me that program but believe it’s called ballon and I loved the idea of it honestly for ME it makes so much sense
$1063 a month that’s so cool you can pay that much you must either get
Paid a lot or not have many outgoings. That’s like 2 mortgage payments
Wow that’s a pretty good deal. I just got a 2019 M4 with comp pack with 20k miles. I’m paying about $1150/m and have had a house for a year. Cars are always depreciating so it’s worth having you money in something that is appreciating. Congrats on your car bro!
Also balloon financing is one of the worst financial decisions you can make. If you can get a lot of cash in hand, use it towards a house/stock/savings. It’s not a great idea if you don’t have much in your name.
Watching this video end of 2023, LOVE LOVE the honest breakdown, this kind information is very helpful. I have a few weeks debating between the M3 F80, Lexus RCF, Lexus LC 500, or even the 2012-2014 Lexus IsF ... I know some would find those car incompatible, but hey that's where I am. Thank you again.
No problem! Thank you for checking out the video. All of those are great contenders. Appreciate you checking out the video
i lucked out and bought my 2018 m4 that had about 27k miles at the time of purchase (basically fully loaded minus the comp pkg: executive package, DCT, heated steering, android screen sharing, apple carplay, HUD, active blind spot, 19inch M 437 forged wheels, LCI Icon LED headlights, and etc... Original sticker MSRP was $78,000) back in March 2021 right before the crazy price surge for $45k before fees/tax/interest. A few months later my car was valued close to $60k.
Appreciate you opening up about the deal . Now it makes me more comfortable to buy mine eventually .
No Problem!
by far the best fitment ive ever seen!!
I have to agree💯🤙🏻
This is a great video. I’m sure folks who are trying to get into an M3 will appreciate the transparency. In my opinion, the best way to build wealth is to invest in a property . Cars depreciates very quickly but properties will make you money faster. Once you set yourself up financially and you have a good foundation, you will have the bandwidth to get that luxury vehicle and not necessarily worry too much if it depreciates. Plus the significant other will not choke your ass out. I bought a 2016 M3 from McLaren of San Francisco a few years back with 19K miles for 60K out the door with extended warranty. I only put down 3K. I have since refinanced with my credit Union. My monthly payment is $705. It was nice to finally upgrade from the F30. $705 is still on the high side but if you bought a brand new M3 with little down, you will be paying well over 1K per month. Like Ken said, do your research. Every deal will be different because everyone situation is different. But this car is well within reach now.
Absolutely agree. Cars will depreciate but building wealth with real estate is long term key on building wealth. Wealth that you can pass onto your children. Appreciate you sharing your experience and who knows, it may help someone in the comments in the long run. Thanks for checking out the video 🙏🏻
Great vlog !! THANKS for sharing such detailed and personal info on your car and I'm glad you're keeping it. I love your passion for what you do and really shows in your vlogs. Also, I NEVER SKIP THAT ADS I WATCH THEM !! that helps also....
Thanks Mike! Appreciate it and always glad to give my honest feedback. Comments like this keep me motivated 🙏🏻🤘🏻. Thanks for watching through the ads lol 😆
Dope video brotha! Love when people discuss the finances behind their cars, I might do a similar video 🙌🏽. Biggest takeaway: make sure your significant other won’t strangle you over your purchases 🤣. That low interest rate is perfect too 💪🏽
Thanks brother. Make that video bro. You know I'll be watching 👀. The biggest take away is key 🔑 lol 😆
Thanks for sharing all that info and the transparency.
Always going to be 💯%
Honestly, I appreciate your honesty. Keep it up 👍🏽👍🏽
Thank you! I want to be as transparent as possible and want to provide the community with quality content
Hey, thanks for the honesty. Im a huge m3 fan, thinking about getting one soon. 4 door manual. It's what I need.
No problem and thank you for watching the video ! 4 door 6 speed will be a rare sight as we continue to add years. Definitely worth it.
Dropped some game. While talking real talk. Good video.
Thank you. Much appreciated 🙏🏻
Great videos, definitely want to continue to support your channel. I had an 2016 F80 that I sold and now have an F97 comp which has been great but I do miss having the M3.
Thanks Frank! Appreciate the continued support from you and congrats on the BEAST of the F97. Im sure thats a blast to drive!
Great information and breakdown. Love the transparency on everything. Helps me in my search for 2018 F80 M3 Comp Pkg this year, greatly appreciate it!
No problem! Thanks for checking out the video! Goodluck on searching for your F80! Def a tough time to get a good deal these days but be patient!
Hello! Just joined your channel early this year during watching "invasion". Lots of useful information very informative, thanks for all you do. Been a bimmer owner since the 70s, looking forward for more useful tips and waiting for more videos on your new 2022 imola red...MAHALO AND ALOHA!
Thank you and I appreciate it. Keeps me motivated on making quality content 🍻
I know this is sort of later but I am actually thinking of purchasing a 6MT F80/82 in the next couple of years. Pretty interesting to see the value fluctuations, an E90 will be well out of my price range when I able to buy. I currently daily drive a 2004 S60R 6MT and a RWD BMW would be a cool second car to have.
Great video! Appreciate the honesty, and amazing speaker skills!
I appreciate that! Thanks Davis!
Used car loans typically have higher interest rates than new car financing because there's more uncertainty as to the value of the car, and lenders can demonstrate that used car borrowers default more frequently on their auto loans, regardless of their credit. Used cars are a higher risk loan.
i want a f80 after my f30. great info bro. thanks for the upload.
Thanks brother. 💯
All great information, always interesting to see the breakdown. I was able to get the same interest rate from BMW (lower than my credit union lol). Rates won't stay this low forever!
Rates will start to climb and we will soon see the market level off. Appreciate the feedback bro 🙏🏻
Great vlog, I am in the market for an F80 M3 in the near future and this video popped up. I just subscribe as well. Great job. Looking forward for new videos 👍👍
Thank you. I hope some of the video help on your process of finding the right M3 🤘🏻🤘🏻
Lots of great insight. I do know for Ad and Affiliate revenue it can be different for every channel. if you do a lot of product based reviews you tend to get more affiliate link clicks and TH-cam can focus Ads from your niche getting you higher CPM. I have seen a 10k sub channel show more revenue than a 100k subscriber channel because they were more recognizable in a High Ad rate niche.
Yes, I did notice the RPM and CPM change recently for the better. Just glad to be able to make some progress on this long journey of tubing lol
Great video. Like your honesty. Just subscribed
Thanks Isaac! Much appreciated 🙏🏻. Thanks for checking out the channel
great video and very informative. cheers
Thanks 👍much appreciated 🙏🏻
i think the reason between the differentiating rates from used to new is because a used car is cheaper and a new car is more expensive so they would make the same amount of money whether you paid more or less for a new or used
Awesome and informative video bro. I admire your open approach to how things work on this platform.
Thanks bro. I appreciate it. Always trying to provide value to the viewers. 🙏🏻🙏🏻
Thank you for the info. Appreciate that.
🤘🏻🤘🏻
I really like you channel man! Keep it up
Nice. I need wheels like that man. Love those BBS's!
BBS Wheels FTW 💯
When I bought my f82, I did the same thing with a credit union. Dealer matched my rate at 2.5 as well
You got a solid deal then also. That's great to see instead of buyers getting ripped off 💯
Putting 28k down seems like a huge financial risk for a depreciating asset- luckily with used car pricing now these have kept their value but with that low of an interest it’s almost better to have that 28k work for you in different channels or cash on hand than in a rolling depreciating asset
I have multiple streams of income rolling in and have my money invested in rentals properties. If I wasn't keeping the car for long term then it probably wouldn't be a good idea to put that down payment. I intend on paying off this car and keeping it as a on going project car. I do agree, if a person didn't have much savings and put that amount down, it would be a financial risk /mistake.
Great breakdown 👍🏽man I’m looking to get the F80 also real helpful I can definitely get it the only thing is that geico things sounds Amazon! I was interested in a 15-18’ Year but won’t even be available for the Ik warranty, but the new G80 are super nice 👌🏽
Yeah the warranty made it so much easier to pull the trigger on. The G80 looks great with a proper set of wheels and suspension 👍🏻
Just found ur channel today! Really dig it! Gonna check out ur other vidz! Nice shout-out to ThicWhips! 😎
Thanks Jesus for checking out the channel and leaving positive feedback!
Great video 👍🏼
Thanks alberto 🙏🏻💯
Can you please make a video off that extended warranty through your insurance that’s really interesting
Absolutely, will definitely make a detailed video about it. Thanks for checking out the video 🤘🏻
Just here to leave a comment and help 👍
Thanks Jose ! Much appreciated 🙏🏻
Curious why did you need the Geico warranty if you still had factory warranty? Isn't that why it's so cheap? Lots of great info here...and you aren't joking about the rates right now, I'm have ~780 credit score and I actually just got 1.79% on a 72 month loan for a 2017 M3, through NWFCU. I couldn't believe it..that's brand new car rates.
In order to have the policy, Geico requires you to add it on before a certain period of time. I think it was before the 12 months period. It also only applies for cars less than 15K miles and less than 15 months old. They wont let you add it years later and ect. Which is how they make their money and especially the ones that decide to sell their car in year 4. Starting this winter, my warranty will be up and Geico's MBI will be in place to take care of any mechanical issues.
Yeah you got a killer of a rate! No rush to pay that car off. Thats incredible.
Can you go over any issues you should look out for? Because buying an m3 can be very sketchy nowadays
Totally agree and that's a great video idea. I'll be sure to get that video done in the near future. Appreciate the feedback 🙏🏻
Geico Mechanical breakdown, more info?
www.geico.com/auto-insurance/mechanical-breakdown-insurance/
⬆️⬆️⬆️
Hey bro, awesome video! What do you think about paying $59k for a 2018 M3 Comp with executive package and 12k miles? Yasmarina blue with silver stone interior too (my dream build)
Not bad actually. Give you an idea, I traded my F80 M3 to the dealership and they gave me 60k trade in. I had 35k miles no accidents, stock, no mods, never tuned, and it was a 2018. This was back in June.
Obviously things have changed. But I would try to haggle more especially since the market is slowing down and interest rates are rising.
Was looking at a 2015 f80 and have 11k saved dont know to go for it or not its 32k im only 19
It all depends, 32k for a F80 M3 might mean its at a high mileage or other underlying issues. There's no rush to get into a M car, I got into a M car when I was about 28ish. For a 2015 F80 M3, they should be roughly 45k ish in this inflated market. So you gotta ask yourself why its at 32k. What I know, is that if things break on this car, its going to cost a decent amount. Hopefully this helps.
@@TheDailyDriven yeah I thought about it and im starting to look into e90s
@@coco-qy8sl you can probably get a decent E90 M3 or E92 M3. Just gotta make sure you find a clean one.
yo g i’m 19 too tryna get one trust wait on it g the prices are gonna come down they’ve already started i’m seeing clean 2018s go through the auction for like mid to high 50s our time is coming
Hey men love your content . I leave at Fort Lauderdale also . I am about to buy an m4 I would like to have your knowledge on my purchase and also a meet to call the dealership with you I pretty sure you know more than me on negotiating. Thanks in advance
Dude a 2018 used comp WITH AN AUTO TRANS is $68k with 23k miles 🤦🏽♂️
Wow 🤦♂️🥴..those prices are inflated. If you're looking for one, definitely take you time to find a solid deal. Even look out of state.
#GME/#AMC to the mooonnn!!!!!
Lol. 💎 🤲
$608 a month.
Yes sir 💯
Haven't found anyone beat 1.74% yet with 'very good' rated credit as of 2020(Trump Era). Credit unions are the best and shopping around is important.
That's incredibly solid interest rate. A while BMW was offering 60 months at .9% interest rate on their new cars. That was a steal!
@The Daily Driven Yeah, I made my purchase immediately after that 0.9%(unbelievable). I don't know if we'll ever get back to that. The whole automobile industry is about to change and it does not look good but b4 that with all these excess vehicles in stock people might get free vehicles soon.
72 month term - lololol wtf
Yupp
Talking too much bro!!
You can always fast forward the parts that doesn't pertain to you. Thank for your feedback.
Great video!
Thank you ! Appreciate you checking out the video