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Old 12-03-2012, 09:31 PM
RPsX5d RPsX5d is offline
Officially Welcomed to the 'Fest
Location: Bay Area California
Join Date: Nov 2010
Posts: 1,045
Mein Auto: X5 Diesel xDrive35d
OP, good post . . . you did not beat around the bush, just asked it the way you saw it!

My approach - I admit I am very very conservative financially speaking . . . and probably doesn't fit the norm.

I never buy things I cannot afford to pay cash for. I then finance it - hate to leave money on the table. We even applied this rule to our Bay Area house.

All monthly cash needs should be met by one person's income . . . i.e. ~half family take-home income.

I have never bought used cars - for "me" the factory warranty is worth a lot of peace of mind. I HATE unexpected repair expenses. During the warranty period I watch the car like a hawk. Even as a student I had a new car - I admit a very very small one!

I typically keep our cars for ~10 years, 200K+ miles, so lease never made sense for us.

Regarding SUVs - I always liked the way the driver sits on these vehicles, so had one even when I was single.

Current 2011 X5d is my first BMW - absolutely love it . . . only regrets (as mentioned in my various posts) - did not get AD.

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