How I Afford My M340i At 22 Years Old!!🙌🏻🔥 

Sounds like you got a great car for a great deal bro, and what people don’t understand is a nice car like this may be a heavy financial decision but it can help motivate you to grind and work harder, especially when you’re driving one of your dream cars every day 💯

Brother I salute you. I also recently bought an M2 at 26 and people think I'm crazy. On paper, it doesnt make any sense to buy such cars but we are not robots. The emotions I get from this is worth so much more than anything in my opinion. It also gives you a reason to keep grinding in your life. Now everyday when you go to work, you know what youre working for. Congrats on the new car.

Got my 340i 2yrs ago when I was 18 damn near paid off like you said fuck the haters!

inspirational man fr. im 20 yrs old i dream of having this car someday, hopefully within the next 2 or so years i can get one.

Nice car bro, wanted to get the m340i aswell but they were a little over my budget so i settled for an m240i from 2018 and im 21 right now, honestly i don t have any regrets that i bought this car even tho a lot of my income is going straight to the car. congrats

Wow Man U got a good deal on it, congrats bro keep it up. Ain’t no bad decision people who love cars will understand !!

That’s dope. At 22 I’m more than happy with my 650cc motorcycle and a base E92. Yes I’m spending a lot of money on those but it keeps me going in life lol

damn if my state cost of living and taxes weren't high i would be able to get this easy. I'm glad you broke the numbers and made it realistic on what it takes to own one. might just do a used one when its time to buy myself a newer car

Love the video motivation purposes only ✅✅💪🏿💪🏿💯💯💯✨✨ keep getting the nicer things life has to offer be safe and pay attention bro congrats I might have to get one also we’ll see

Get ready for a ton of negativity bro. I got my R35 GTR at 20 and made a whole lot of people online and even my friends very mad. People refuse to believe that someone else can be luckier than them, you will get a lot of condescending “advice” saying you’re making poor decisions, although it might be true depending on your situation but most of the time it’s just a way for the people giving you the “advice” to cope by justifying it to themselves on why they don’t have what you have so they make up a reason. Good luck

keep doing you bro trust the process

this is nice man we all only live once enjoy it man! can't wait to get my F30 340I

you deserve it dude, enjoy that car!

Very inspirational 🙌🏾 Thanks man !

Holy shit. $500 a month for a very safe sedan that is not considered a sports car by any insurance companies is fucking absolutely insane. Imagine if you got a ZL1 or a corvette or a hellcat or any high dollar sports car, you might actually be uninsurable if you have to pay 500 for a 3 series family sedan(on paper). That’s insane. Considering the price for this it would be like $1500 for something like that if all things are equal, that is a mortgage payment on car insurance. Lol. You should get a quote on a sports car just to see what they say, it might be so out of bounds they won’t even offer you coverage. What did you do?!?! Several 25+ speeding and a reckless with great bodily harm in a short time period or what?

I have 20k, but 2024 @65k is steep for me. I found a 2021 m340i @46k w/ 18.5k miles. I think that’s a green light for me. I want to tune/mod car heavy. s/o to you bro! You work hard 🤷🏿‍♂️ , You buy what you want 💯! sn I pay a lot for insurance too smh. We got about the same driving record, but replace speeding tickets w/ accidents. I pay $400 for a 2012 Honda civic here in NC smh. I’d do $490 for a m340i any day. I hope mine is around $700-800 for both. Anyways I want to see more.

So if I’m doing the math right, you’re spending roughly half your income on a depreciating asset. It may be cool to have this car at 22, but it’s not cool entering your 30’s in a poor financial position when life hits you in the face with a house, wife, and kids. Sell the car, work on developing a higher income skill, and buy the car back when you can comfortably afford it. 👍🏼

That’s crazy I’m in the same predicament as u a detailer at mercedez thinking bout selling my car saving another 10 k putting it down on a brand new if not a little used and go from there also want to open a side business with detailing since I’m learning a lot but keep up the good work (21 btw ) hopefully m340i this January

Good looking car man. I paid 300 on insurance for a Honda Accord that I’m currently selling, lots of speeding and the car was slow (4 cyl cvt😭). I’d get my license revoked if I had your car🤣 keep grinding you’ll pay that M340 in no time.

Hell yeah bro I respect the grind a lot. I'm also around your age (21) and I'm bouta test drive one of these this week and see if I like it. I've honestly been able to "afford" one of these for a little while now but I always felt like it wasn't the right financial decision even though I do make a pretty considerable income, but lately I've been noticing myself becoming less motivated so I think it's finally time to pull the trigger on a nice car. What you said is absolutely true about keeping yourself motivated to keep grinding (as well as keeping yourself accountable with these monthly payments), and it sounds like you're gonna do great.

Humble man, I look up to you man. I am also getting a M340i 2021 hopefully by sometime this summer, currently I have a 430i 2019 thats in the shop cuz of coolant leak.

Yo bro good shit I’m 22 aswell I have a horrible record too 😭 reckless,3 accidents,speeding nun my fault tho and I pay 515 plus monthly payment keep hustling if u set ur mind u can do anything 🙏🏽

Reminds me of when I bought my new 2010 Evo when I was 21. Not a great move financially but it all worked out anyway.

Good shit bro im glad this car make you happy it would definitely make me happy too so ignore the haters im getting mine later this year so i cant wait

Congrats my dude - keep grinding got my 340i a month ago | also great deal !!! F the haters bro

My 2.0 Accord just got totaled, most likely gonna go with buying a M340i I’ve seen online, thx for the info, I’m also with progressive 😅 I have 2 at fault accidents a misdemeanor and speeding tickets and I still pay around $300 a month only for insurance fulll coverage besides rental 😂

if you can get the m340i with the income you make i can for sure get one with the new income im going to make. true inspiration, i just have to be smart with my money.

Being able to buy something via finance doesn’t mean you can afford it by the gold standard of your car note plus insurance should only be 10% of your income. But as long as you’re happy , do you baby.

Look gents, being able to make a monthly payment != being able to afford it. You don’t wanna be pulling your $45k bimmer into your apartment complex because you can’t afford to save for a house. I get it, I’m a dude and into cars but they don’t make you cool or good with the ladies. At the end of the day it’s just a car, and in 10 years you’ll realize there are more important things. Not saying if OP can or can’t afford this - if he’s pulling in $200k then sure you can take the hit if you want to prioritize spending fun money on a luxury car. But when you find yourself sacrificing something critical (maxing retirement savings, paying off debt, investing in your future self, etc) for a car is exactly how you get in the debt trap living paycheck to paycheck. Ask yourself - would you rather be 22 with a BMW or 35 with $1m (as an arbitrary #) saved and then get the BMW? If you can do both - great buy the car. If you can’t - then IMO you have no business buying such a toy.

nice car, keep grinding

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Wow congrats, very nice G20. In Norway the cheapest m340i cost 80k, and you can only get them in g21😅 Found a f30 340i for 60k. So would love those us car prices here

is it posiblle to get approved for a autoloan with out any credit. im 18 and im tryna get a g20 with like 50k miles and 10k down

South Carolina in the house

congrats bro… me next 🤞🏼

Maan I’m 27yo and I can’t afford it lol. I have e93 335i n54 it’s way cheaper.. I drive truck for 8-10k $ per month and run real estate business buying properties and resell 1-2times a year… I love cars but 40k is crazy money for me. I got my e93 for 10k with 43k miles and pushing 450hp which is about 1 month of work for me but still a lot

Make 20 an hour live with parents have almost 10k to put down to buy an m340i hope I can one soon when I have a little more down

I’m boutta get one in march bro We gotta take a car flick together

Were you in Myrtle a few days ago? I’ve been looking at these for a few weeks and one parked right next to me at a Walmart in Myrtle. 2 younger kids got out.

Hey if you dont mind me asking i saw the whole video but didnt catch how much you put down for the car ? buying out my m340 lease buyout and have the same price as you before and after taxes just wondering if you put a good chunk down ?

I am going to get that car one day

How much u put down,?

Bro did you negotiate with the dealership for that price or was that listing price?

If u make 15 an hour and can afford that then ur probably busting your ass off. I am 22, just graduated college with no debt, and I’m nervous to buy a new m340i even though I have a job lined up with Amazon

💪🏾💪🏾

im looking to get into one of these also i saw this one that had 38K miles for 34k sticker price do you think thats a good price

G!!!

hey man new comment but what state u live in

What’s your monthly payment bro! I’m looking into getting one soon?

🔥🔥🔥🔥

Beautiful car. Using a combo of radar detector and waze can help you spot cops and avoid those tickets

im 20 thinking of getting a 330i bc i actually dont care about performance that much but i think its cooler, should i get the 330 or wait to be able to comfortably afford the m340i?

Sorry what was your monthly payment?

How much was your down payment and how long until you pay it off?

15$ an hour????

I'm really confused why your age matters here, considering this is a comparatively cheap car to many.