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03-01-2012, 04:45 PM | #1937 | |
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Sold 3 years later with 29K kms for $62k.. thats the way it goes.. You have to stick to bricks and mortar for an investment. |
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03-01-2012, 04:58 PM | #1938 |
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Cars are always depreciating !!! A Known Fact :P unfortunately we enthusiast still spend alot of TLC on our car coz we have the passion for it
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03-01-2012, 05:00 PM | #1939 | |
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So the logic would be get a used one and keep it for many years? Cause otherwise you are always losing a lot of money, if you keep changing every year or so. |
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03-01-2012, 05:08 PM | #1940 |
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or do this.. always limit your cars to ~25k, prices seem to slow down a fair bit at this stage, but even if they tank, the next slow down point is around 15k. so you've only lost 10k over 3-5 yrs.. And by tank i mean (changed importing rules so you can import a crap load of em).
my previous cost me 24k, i sold it for 25k after 3 yrs.. BUT .. i had to do an engine rebuild :P (6k..) my "bricks and mortar" has cost me a LOT more.. lol.. that's why i dont understand how so many can buy new cars.. its such a massive loss.. but hey.. you only live once! (depending on your religion) i think this should be another thread though.. i'd love to find out how ppl afford 100k cars with minimal loss! |
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03-01-2012, 06:14 PM | #1942 |
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03-01-2012, 06:20 PM | #1943 | |
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.-=[ Kenny ]=-. 1999 BMW M Coupe 10.775 @ 134.35 mph w/1.600 60' (Best 136.07 mph) 25th August 2004. +2010 X5 35D+
Check out the 1Addicts Drag Racing Standings and Drag Racing 101. |
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03-01-2012, 07:07 PM | #1944 |
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FS: BMW Space Saver Wheel & Tyre
Genuine BMW Space saver wheel with brand new tyre, suits 3 series up to 325 and I assume all 1 series up to 125.
Great for those not using run craps when your on a long trip. Does not suit 335, wont go over the front calipers & scrapes the rear calipers (as I found out the 1 time I tried to use it). Has never been used, some minor scrapes on the inside where it rubbed my caliper when I did try it a year ago. $300 OBO, pick up Hornsby area of Sydney or buyer can arrange freight.
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Vishnu PROcede V5 | VK Motorworks FMIC | AR Design OCC | Forge DV's | Bilstein PSS9 | M3 Lower Control Arms & Caster Rods | Quaife LSD | HiTech Exhaust | BMW Performance Illuminated Door Sills | BMW Performance Gear Selector & Boot | BMW Performance E-Brake Cover
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03-01-2012, 08:17 PM | #1946 |
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Think I've lost more money (and not including interest!) on one property in a few years than I have on my 135i...
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03-01-2012, 08:35 PM | #1947 |
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03-01-2012, 08:41 PM | #1948 | |
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But you now have a 1M, and you have no idea how lucky you are! |
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03-01-2012, 09:04 PM | #1949 |
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03-01-2012, 09:05 PM | #1950 |
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03-01-2012, 09:12 PM | #1951 |
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03-01-2012, 09:27 PM | #1952 | |
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I agree some people are lucky but others have worked so hard to get to where they are today and to be able to afford awesome cars ! Correct me if i'm wrong |
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03-01-2012, 09:32 PM | #1953 | |
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Work 6 days a week and virtually 12hrs per day.. |
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03-01-2012, 09:34 PM | #1954 | |
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Work 6 days a week and at least 12 hrs per day..my day starts at 6.30am and ends at close of business at 9.30pm.. |
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03-01-2012, 09:40 PM | #1955 | |
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I need some advised from you |
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03-01-2012, 09:41 PM | #1956 |
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03-01-2012, 09:47 PM | #1957 |
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i need to start something! I don't want to be working for someone all my life. Need to open something that does inventions/innovation for vehicles.
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03-01-2012, 09:50 PM | #1958 |
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Owning your own business is overrated... you still work for someone, it's called the ATO.
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