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Post Info TOPIC: G8x M3/M4 buyers: do you rent or own a home?
dewmiwasana


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G8x M3/M4 buyers: do you rent or own a home?
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Good Morning from NY. I've been thinking about this since I saw the G82 in person.

I would like to know how many others who are pulling the trigger on a G8x M3/M4 are still renting an apartment. I really want a G82 but I'm tired of renting and want a home for myself where I could park my cars inside my own garage. If I pull the trigger on the G82 I won't be able to buy a house for another five years which doesn't really bother me that much, but it will be on the back of my mind especially since I don't have a garage near my current location so I'll end up parking the car on the street.

I know the car is going to lose value everyday I drive it, while a house might stay the same or go up in value in most cases. But, I'm a car guy, I love cars, I do most of my mechanic work myself, and LOVE high speed, shifting my own gears, and car technology. I've had numerous days where work was horrible, but the minute I turn on my car I forget about everything and just pay attention to the operating temperature of the car before I hammer it! Sadly, when I come home from a horrible day at work I don't admire my apartment. I just want my bed and start a new day the next day.

I just want to know how irrational or rational my thoughts are and whether I'm the only one that's going through this. If you were in a similar boat in the past can you tell me what you ended up going with and how things are now?



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dewmiwasana


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Lots of questions that you have to answer for yourself. Usually buying a home will put you ahead financially vs renting but you probably know that. Buying a car is a terrible waste of money but we all know that and it gives us pleasure so we do it anyway.

So how old are you, is your housing market something you should get into, is another five years renting going to make much financial difference, how are your earning prospects over next five years, do you put money away for retirement or other investments, are you single, have or want a family, what car do you drive now, why a G82 and not something used or cheaper, etc., etc.?

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SaymonSax


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I currently rent, and it’s been a great fit for me, especially since I’m still figuring things out. When I moved to Kingston for school, I needed a place that wouldn’t break the bank. I found my apartment through axonproperties.ca, and it turned out to be perfect. The location is super convenient, close to campus and some great coffee shops. Renting has its perks, like not having to worry about repairs or maintenance. I can just enjoy my time here without the stress of homeownership. Plus, having a nice place to park my G8x M3 makes it even better!



-- Edited by SaymonSax on Friday 25th of October 2024 11:29:19 AM

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