@@Relentlessjay_ its hard to tell how the car will age, I have seen quite a few on the facebook page already at 100k miles with no issues. I think overtime most of german cars have become more reliable, I usually dont keep them over 2 maybe 3 years so Im not too concerned about being a bit older.
I tired with that union but based on my credit and car I had it was at 25% but since I sold my m3 f80 and paid off that loan of 48k I was able to get my m550i 2019 with a 7% and the car was at 33k 2 owners. It was super fast and easy I litter just walk in the dealership no bs no middle man just here and I left about 30min
84 months bro if you need the 100 / month savings to make your DTI right for a house you shouldn’t be buying a used German sports sedan out of warranty
@@indigoscat3922 you’re not supposed to max out your dti to buy a house. The banks will approve it but you will be house poor. And typically you buy the house before you buy the luxury car. But I’m just an asshole on the internet so you do you bro
@@Sumodeadliftsarefake69 Im not maxing out my DTI, I did 84 just to be able to qualify for a higher loan. Nit because my DTI is high, besides bank offer me same rate with 72 than 84 so I said why not. I just pay extra every month. I understand what your saying, I usually wouldn't finance 84 month but if rate is same why not lol
Love when people are honest with there numbers. Thanks bro!
Thank you!!
Good stuff brotha! I just found a 2019 for under 45K I'm definitely taking a shot at getting this car!
Do it!! Its an amazing car
Thank you for sharing your experience. I can’t wait for the day I become a BMW owner
Congratulations!!!
Great vid, straight to the point.
Thank you!!!
i am from the middle east and i respect your honesty soo much
sincerely,
your subscriber
Thank you very much for subscribing!!
im actually trying to get into the same car but was iffy about it but you just made more clear thanks bro
Its an amazing car. You won't regret it
@@indigoscat3922 but what you think about being a older car and it being german do you see any cons in that?
@@Relentlessjay_ its hard to tell how the car will age, I have seen quite a few on the facebook page already at 100k miles with no issues. I think overtime most of german cars have become more reliable, I usually dont keep them over 2 maybe 3 years so Im not too concerned about being a bit older.
I tired with that union but based on my credit and car I had it was at 25% but since I sold my m3 f80 and paid off that loan of 48k I was able to get my m550i 2019 with a 7% and the car was at 33k 2 owners. It was super fast and easy I litter just walk in the dealership no bs no middle man just here and I left about 30min
Did you ended up using them or the dealership financing? Do you like the m550 better than the m3?
Make another video about this
Bro You got a heck of a Car loan interest rate less than 4%?????? I cant find anything less that 7.8%!!!!
Right now rates are higher than when I got my BMW. I know is hard to get a good rate now a days even with good credit. Its pretty difficult
thank for sharing! can you please provide the link to the Credit Union you used ? thank you!
Sure, here it is. www.velocitycommunity.org/
What was your credit score like at that time
I think it was around 762 at the time.
what was the mileage when you purchased? thx
Bought it with 53k miles if Im not mistaken. Just hit 60k with it last week. Been running amazing.
How much do u pay for car insurance a month
I was paying around $140 a month.
Gap ins is the best thing to get…
Yes I would recommend it, specially now that I see car prices falling. It's always good to have it
@@indigoscat3922 will gap insurance help you if you are upside down?
@@Dior444L yes gap will cover the difference if anything happens and you are upside down
You should borrow $50 billion at 3.22% and buy 10 year US treasuries yielding 3.855 😄
Wish life was so easy🤣🤣🤣
what do you do for work?
Im on the private client banking industry.
@@indigoscat3922 You need to break that down bro!! lol
@@Blace5 lol
How much is ur income bro
84 months bro if you need the 100 / month savings to make your DTI right for a house you shouldn’t be buying a used German sports sedan out of warranty
Sure thats your opinion!
@@indigoscat3922 you’re not supposed to max out your dti to buy a house. The banks will approve it but you will be house poor. And typically you buy the house before you buy the luxury car. But I’m just an asshole on the internet so you do you bro
@@Sumodeadliftsarefake69 Im not maxing out my DTI, I did 84 just to be able to qualify for a higher loan. Nit because my DTI is high, besides bank offer me same rate with 72 than 84 so I said why not. I just pay extra every month. I understand what your saying, I usually wouldn't finance 84 month but if rate is same why not lol
It’s actually not bad to do at that interest rate if he’s paying extra every month
Awesome video man ! I’m buying one on Thursday super pumped🤝🫡
Thank you!! You gonna love it, great car for the money.