WATCH THIS IF YOU WANT AN M340 | payments, tips, insurance & advice 

Parts are expensive if you go to the dealer. If you source out your parts on FCP Euro and learn how to work on your own car, maintenance isn't bad. BMW are not that difficult to repair and they've gotten very reliable after 2015.

Hey man, we work the same job and i’m 20 years old also in college. i’m turning 21 this year and im thinking about getting a m340i as well and im glad I came across this video. God bless you and keep grinding my brother 🔥

Jesus is the only way to heaven

I'm in college too, just a year older than you have DD a 350Z for my last 4 years.. Been eyeing something more practical for the past year. While I also love the M340i there's def other options like a first gen M4, EVOX, maybe a Lexus ISF, that will be about half the price 20-35k. Great car either way and I wish you luck enjoy it!

This is motivating me to work two jobs at 18 and I’m soon to college and been looking at bmw m340i

Hey man congrats on the car it looks great. I am in a similar position to you, I’m 23 and just graduated college and got my 2021 M340i like a month or 2 ago. I literally got it for the same reasons and around the 48k price that you got yours at. Shit is crazy man, sick ride though!

Hey man good for you keep grinding I’m 42 I just got my 21 m340 and don’t regret it at all I paid the same price as you with a little less miles 13kmi

M340 is epic, dont regret it at all bro!

Nice, I’m in the same boat. 21 year old senior in college but thinking about going into nursing (16 month absn) dope seeing another black man in nursing. Super into personal finance and I work part time in car sales. Awesome video. I got a 07 lexus is 250. But looking at Acura Integra, lexus is 300 ‘21.

im a cna as well and you’re younger than me this is motivational for to get the q50 i always wanted

Hey dawg, congratz on the car. Keep grinding

Don’t know if you’re aware but one thing I didn’t hear you mention is pre payment penalty. Some dealerships charge a penalty for paying the car off early. Other than that great video! 🔥

Hey man awesome video! That’s crazy you’re able to work 2 jobs AND go to school AND manage to save $10K as a down payment AND you’re barely legal drinking age! 👍 Very impressive indeed! Totally agree with pretty much everything you said in the video. People who aren’t into cars will criticize you for buying an expensive luxury car but life is full of contradictions and spending this much on this kind of car will open doors for you in unexpected ways that driving even a new fully loaded Honda Accord never will. Or even with your previous Q50. You’re going to be able to go to car meets and network with and become friends with people who have money and that will expose you to new opportunities that you wouldn’t have had otherwise. Get your car professionally detailed if you can and since you’re on RU-vid you can write that off. Trust me, unless you plan on opening up your own detail shop - as fun as it is - you can easily ruin your paint by using the wrong buffer or letting the orbital head jerk out of your hands and hit your mirror caps because the speed was too high. Too many nuances and things to know about. Spend several hundred dollars twice a year to maintain your car. Ditto with the maintenance. Don’t waste your time on doing your own oil changes and especially brakes. I mean if your 3rd job is as a mechanic and you already have all the skills and tools then maybe? But if you work these 2 jobs and run these side hustles as you said, you obviously have the income already and your time is much too valuable to do it yourself. I WOULD however spend time on the Bimmer forums to research the most common problems and issues with the G20 and B58 motors. You’d be surprised how little your service advisor may know about a problem you encounter with your car. If you want to save money go to an independent shop that preferably specializes in BMW service, or a good competent shop that services all makes. The BMW dealer should only be for warranty work or for prepaid maintenance. And ignore the recommendations for 10K mile oil changes. Do it every 5K. Oh and be sure to use OEM wipers. Trust me, you’ll notice the difference immediately if you use something cheap. Don’t limit your mileage on this car. Hope you don’t have a beater that you use as your daily; pretty much defeats the purpose of getting this car. Enjoy this car as you would without worrying about the mileage. If this car is well cared for with service records, you’ll be fine when it comes time to sell. Just be glad you didn’t get anything 5-series because then you’d pay hell for depreciation no matter how few miles you put on. I’m assuming you went with BMW FS. If you can, I would make $1500 monthly payments. You’ll pay your car off way quicker and, when it comes time to trade in, at the BMW dealer, as long as your DTI is ok, you’ll qualify for a G80/G82 financing thru BMW FS - No questions asked. Lastly, go to an expensive, high end restaurant maybe a few times a month during lunch. Just get something cheap but that’s not too crowded where you can hang out for an hour. Dress nice and bring your laptop and do schoolwork. Tip the valet a few bucks to park your car. You’ll eventually get noticed and exposed to high net worth professionals and business owners. Even better if you can workout at an expensive gym/club.

Keep your mileage under control to delay pricey maintenance. After the car is paid off, you will have max equity to sell. B58 is a very reliable engine and will serve you well.

I sell cars so iknow ya rate… 650+ a month is alright bro you got it stay motivated 🤝🏽

A dude can live with their mom and work mcdonalds and spend their check on a nice car via payments. The real standard of doing well is owning a home... better if home is paid off

Just sounds like bad advice. Working 2 jobs and trying to go to school just so you can show off on IG is crazy. The whole passive income thing get throw around too much. I hope you didn't cash out some stock or crypto to get the 10k.

don't modify the banks car till YOU own it. your payment is roughly 800$ a month and probably 2-300$ in insurance as your 21 and male.

i make 200-300k a year and i got cpo used 21 at 45k, put 8k on mods on it. will be my daily until i transition to m3 or porsche

Enjoy the car man, keep grinding 👊🏿

Nice bro im in the market too for a m340i or a f82 im 21 as well making over alittle 60k so around the same as u not alot but i get by alright

Keep up the good work

$10k down, $700/m payment, $200/m insurance, maintenance, etc. Sir with all due respect while you can make the payments you cannot “afford” the car. This was not a good financial decision but I hope it motivates you to keep working hard and keeping making more money, good luck!

your video just showed up to me as recommended, rn I'm located in Greece.

this change me perspective on buying the m340. I’m an Amazon delivery driver 55k is my yearly income. I really want this car but can I afford it? Probably if I work harder but 10k down making me rethink about my 6k down payment that I was planning to put with my 755 credit ain’t it huh. I’m a first time buyer btw so definitely will have high interest rates. Maybe I should try to save up 15k for an m340 or just start looking at 25k - 35k cars then trade it in for something for some type of M car in the 75k-90k range. I also really want this m340 to make content for social media platforms ngl.

nice video G

That’s a fire car bro but ngl you should’ve got a f80 or f82. Those cars are fun to drive

i like the car man but just did a big lay off in the healthcare sector. Its looking like 2008.

Nice car

bruh im 22 7%apr u crazy and they are making a lot on ur head because rn the fed etc are dropping the interest rate imma give u an exemple im living in canada montreal im looking for a m340i i cost 50 to 56k depend at 7.99 8.99 9.99 u pay alot now the canadian central bank drop the interest rate we are at 4.75 guess what im waiting til mid 2025 to buy a car because im gonna get 4% apr in mid 2025

Epic car cuh

How much you pay a month for the car?

what's wrong with the car after 80k kms?

i found a car near me with the same price you bought it for, thinking of putting 15k down, how much you think i’ll pay a month? pls i need help 😭😭 idc how much i pay a month

guys does the interest rate really matter if i plan to pay it off within a year or two on a 60 month term, first time car buyer so it will obviously be a little high. but im going for a 330 not the m340

What would you say is a good alternative to M340i?

If you dont mind me asking, which institution do you have your High yield Account with?

I got a tip on how to afford expensive cars get two jobs and have good credit

The economy is crashing my g. i wouldnt be buying anything right now..