I wouldn’t be in this car if I were renting a place, living at home, etc. If they live with their parents, most people in their 20s can afford this car, but it’s just not…
In This Article...
Nachfolger
I’m annoyed by each and every response on this topic. The OP is obviously asking if there is something that he is missing, but every comment merely berates him for one thing or another without actually answering his inquiries. You “adults” should all mature and answer to the topic, otherwise post your pointless response somewhere else. In order to avoid going bankrupt four months from now due to a CTO calculation error, he is seeking advice from a “online forum” about his circumstances.
OP, it appears that you are reasonably well off. My primary worry, though, is that all you say is that you’ll take care of the maintenance costs when the time comes. Why are you just passing over this topic when you appear to address every other one? A M4 requires maintenance that is more involved than a typical Toyota. It is expensive and tedious. The general rule of thumb for owning a BMW is: don’t buy the car if you can’t spend $1k at any given point(s). And you’ll be spending a lot of “$1,000s” on an M4 with 20–30k kilometers.
How much money is required to purchase a BMW M4 Convertible
You must make at least R198,000 per month to purchase a BMW M4 Competition Convertible with a vehicle financing plan.
The new M4 Competition Convertible has a 3.0-litre, six-cylinder, twin-turbocharged engine and costs R2,119,596 in South Africa.
With a power output of 375kW and 650Nm, this motor drives all four wheels with the help of an xDrive system and an eight-speed sports automatic transmission.
The front fascia of the most recent 4 Series has been installed into the M4 by BMW.
This includes a 12.3-inch digital instrument cluster, a leather multifunction steering wheel, tri-zone climate control, and an entertainment system with an integrated navigation system, Apple CarPlay, and Android Auto.
Is the BMW M4 pricey?
I can’t wait to pull one of the powerful BMW M4s into my driveway. Although I wouldn’t call myself thrifty, I am aware of how the depreciation on a new automobile might impact my budget. Because of this, I’ve chosen to buy a used automobile. What should I budget for a used BMW M4?
In less than two minutes, find out if your auto insurance is being overcharged.
The BMW M4 is the luxury sports vehicle that all others aim to be, with a well-appointed interior, power, performance, and prestige to match. The starting price of a used BMW M4 is between $65,000 and $68,000, whereas the starting price of a new one is $72,000. As you can see, these vehicles maintain their value better than nearly any other vehicle available today.
Don’t worry just yet if that price shocks you. The following factors affect a used BMW M4’s cost:
- optional features and equipment
- version year
- If the vehicle has a history of accidents
- a mechanical state
- aesthetic state
- Mileage
- reduce level
The only way to determine whether you are paying a reasonable price for an M4 if you find one you like is to use an online automobile value tool. These websites will provide you with an accurate price for the vehicle when you enter the information you have or the VIN:
The BMW M4’s strength, performance, and luxury make even used models expensive to insure. Use the Jerry app to save time and hassle by getting estimates without having to contact individual insurers. Jerry gathers tailored estimates from over 55 suppliers in just a minute, providing you the best options available.
Is the BMW M4 a wise investment?
overall conclusion “We believe the BMW M4 Coupe is developing into a highly alluring used car purchase. Given its performance, balance of ride and handling, elegant excellent looks, and comfy inside, it offers tremendous value.
What is the monthly cost of a BMW M4?
For a 2022 BMW M4 lease option, the typical monthly payment is $1,260 for a term of 36 months, 12,000 kilometers a year, and a $2,000 down payment. Depending on the length of the lease and the annual mileage, monthly payments might range from $1,240 to $1,801.
With a $2,000 down payment and a 36-month lease with 10,000 miles per year, the BMW M4’s lowest monthly payment is $1,240.
A brand-new 2022 BMW M4 has an MSRP of $72,995. However, $76,238 is the typical market selling price.
The BMW M4 is a coupe and convertible for 2022. The Mercedes-Benz C-Class, Audi RS 5, Jaguar F-TYPE, Lexus RC, and Toyota GR Supra are some other comparable automobiles. According to average leasing data for comparable vehicles, the Mercedes-Benz C-Class lease costs $652 per month, while the Jaguar F-TYPE lease costs $1,500 per month.
What does a down payment for a BMW M4 cost?
You can own a brand-new 2020 BMW M4 Coupe for just a $5,000 down payment and $650 a month for 36 months.
The first month’s payment and all dealership expenses are included in the down payment. This is the amount you must pay to purchase your BMW M4.
- MSRP of the BMW M4 Coupe is $69,150.
- Residual value for a BMW M4 Coupe is 57%, or $39416.
- The money factor with a FICO score of 700 or above is Money Factor = 0.00128.
- A leasing arrangement with 10,000 annual kilometres
The down payment lowers capital costs, which in turn lowers the M4’s money factor and your monthly price. Your monthly payments might be further decreased by making a larger down payment or additional security deposit.
The following fees and levies are not included in the price:
- Title
- Revenue tax
- DMV fees and registration
- Discretionary costs
- Shipping charges that vary by location
Is the BMW M4 quick?
The highest speed of the BMW M4 Coupe is 155 mph. The M4 Coupe accelerates from 0 to 60 mph in 4.1 seconds, followed by the M4 Competition Coupe at 3.8 seconds and the M4 Competition xDrive Coupe at an astounding 3.4 seconds.
How long is a BMW M4 good for?
You want to take care of your car but are unsure about the right time to get certain services performed.
You can prevent problems with your M4 before they ever start, as opposed to waiting for one to occur.
Utilize the maintenance regimen that has been recommended specifically for your 2017 BMW M4!
The automaker, BMW, themselves created this suggested maintenance schedule.
Your car’s planned maintenance requirements may change depending on local weather and driving conditions (as well as other contributing factors, such your personal travel habits);
rotation of the tires, inspection and replacement of critical fluids, filter changes, brake pad replacements, and oil changes.
One of the most effective strategies to help extend the life of your M4 is to schedule routine maintenance visits.
What does a BMW cost per month?
BMW Lease Specials The well-liked 2023 BMW X4 is available for $719 per month with a down payment of $6,449, while the popular 2023 X3 luxury small SUV is yours for $599 per month with $6,115 payable at signing.
How much time does it take to construct a BMW M4?
The majority of BMW X models are typically constructed in the USA in 4-5 weeks, whereas BMWs built outside the USA often take 10 weeks to get here on the West Coast.
Is the BMW M4 a rare vehicle?
The M models from BMW are legendary in the motor industry. One of the best vehicles now on the market, the new M4 is also one of the most divisive.
The BMW M4 is currently in its second generation and was initially introduced in 2014 to replace the M3 coupe. The M4 is a fantastic sports automobile that is well-liked all over the world. It is a highly exotic vehicle that is also highly regarded by motorheads.
Fans may not like the new kidney grille, but we love the new G82 M4 since it’s a very capable sports vehicle that has significantly more power than the outgoing F82/F83 model. However, we also truly enjoy the previous design, and in some ways, it excels above the current one.
What should I put down when buying a BMW?
While it is advised to pay down at least 10% when buying a new or used car, in many situations as little as $500 will do. However, there is no harm in putting down as much as you can, and we advise aiming for a 20% deposit to assist lower your monthly payments.
Is the BMW M4 a sporty vehicle?
An illustration of a Personal Contract Purchase: Cash price PS10,000, deposit PS150, and borrowing PS8,500 for 4 years at a representative 7.4% APR (fixed). A total of PS4127.50 will be paid after 47 instalments of PS132.04. PS1833.38 is the total cost of credit. Payable in total is PS11,833.38. 8,000 miles per year as a base. If excess miles is used, there are fees. Finance subject to status; only those 18+.
In essence, the BMW M4 is an M3 Coupe with a different moniker. It’s a quick, captivating, and incredibly desirable sports vehicle that even provides some practicality for drivers who occasionally need to transport luggage or passengers in the backseat.
For many purists, the M4’s turbocharged engine lacks the drama and personality of the previous vehicle’s naturally aspirated V8. But if you ignore the phony soundtrack, you’ll find a very excellent setup. Despite being much more economical than the component it replaces, it provides the kind of speed that will make owners of supercars uneasily scan their rearview mirrors.
Even better, the M4 is exhilarating to drive, just like all BMW M automobiles. The handling of rear-wheel-drive vehicles in slick weather demands respect, but the end result is that you have to be on your toes, which contributes to an engaging driving experience. Make sure you can live with the tradeoffs in ride comfort before making any purchases because the price list currently only contains the more extreme Competition Pack versions.
This BMW is a true supercar for every occasion when you take into account the M4’s respectable everyday utility.
One of the most sought-after sports cars available for purchase right now in the UK is the BMW M4 Competition. With a history that can be traced back to the cult classic BMW M3, it is available as a two-door coupe or the open-topped M4 Convertible, and it undoubtedly has a strong reputation to uphold.
What is a reasonable cost for an M4?
Starting prices for the M4 Competition coupe and convertible are $79,595 and $87,495 respectively. The BMW xDrive all-wheel-drive system is an optional $4,100 feature on the coupe and is standard on the convertible. Both are equipped with an eight-speed automatic transmission and a 503-hp variant of the normal M4’s engine. Staggered 19- and 20-inch black wheels, extended dark exterior trim, and M seatbelts are further features. Due to its more powerful engine and available or standard all-wheel drive, we advise purchasing the Competition model in coupe or convertible style. The features of this version will appeal to drivers with large budgets.
Which BMW is the quickest?
The BMW M5 Competition variant, which accelerates from 0 to 60 mph in 3.1 seconds, is now the company’s quickest production vehicle. Even some of the quickest cars under $100,000 are available from BMW, in a variety of styles ranging from coupes to SUV Sport Activity Vehicles(r).
What is the minimum credit score required for BMW Financial?
You need a credit score of at least 680 to have the highest chance of being accepted by BMW Financial Services. With a lower credit score, it is still feasible to be authorized for leasing or purchasing, but the rates won’t be as good.
Upon acceptance, BMW Financial Services often provides borrowers with low- and no-interest choices based on their creditworthiness.
BMW provides $1,000 off a new or certified pre-owned vehicle to recent graduates. In order to take advantage of this offer, a degree must have been earned within the last 24 months or the student must graduate within the next six months and have a confirmed job offer. There are additional requirements that must be fulfilled, such as a debt-to-income ratio of no more than 20%.