Can I afford this car?

Asked by alexmomo00 May 05, 2019 at 04:02 PM about the 2009 BMW 3 Series 328i xDrive Sedan AWD

Question type: Maintenance & Repair

Hey,

I am currently a freshman in college and have
recently been wanting to buy a new car. I
don’t have too much money at the moment
and work an average of about 20-30 hours
per week. I plan to work 50+ hours this
summer and will possibly take a semester off
from school to build up more money. I’ve had
my eyes on a 2009 BMW Series 3 328i. My
question is, do I really go for a car like that
right now? The dealership’s listed price is at
$8500 and it has 105K miles. The car is in
beautiful condition inside and outside. My
plan was to finance it month to month
through the dealership to build up my credit.
My father would help me out with the
insurance, which would relieve some costs to
me, but I’m not sure if I should buy the car
being unaware of other maintenance and
repair costs. Could someone please try to
break it down for me or give me some sort of
advice on whether I should attempt to go
through with this. Thanks!

2 Answers

Run away from the BMW and buy a reliable car like a Toyota. Save the BMW until you get your MBA.

Check insurance costs! My kid is in college and the insurance bill is outrageous! (No accidents or tickets and they are older than you).

Your Answer:

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