In Reply to: M3...first car? posted by Chris Reynolds on May 10, 1999 at 19:57:26:
I agree with the substance of the previous responses. I did enough unwise things in a 110hp '82 Audi Coupe as an 18-year-old to strongly suspect that, if you've been itching for high horsepower already for years, you will do truly unwise things that a high-HP car will make possible. Also, check your insurance options. Many insurance companies simply will not insure a 16-year-old with an M3 (even an E30) at any price. I can't really blame them. If you can get insurance, I suspect you won't be able to afford it easily if $11K purchase price is your max. Look, I understand what you want and why you want it. Consider that you may spend much more maintaining and insuring an M3 than you can comfortably afford. If college is in your plans, you will encounter many expenses (aside from the staples such as tuition, room, board, books, etc.) that will seem more important than keeping your M3 in its best form. Also, I guarantee that with a car like that you will spend the next several years fending off constant requests -- even demands -- from friends and even people you barely know to borrow your car and/or to give them thrill rides. Both of these often lead to bad results. (Don't expect many 17-year-old "friends" who wreck or damage your prized car to pitch in for repairs.) Although I suspect that I would not have followed this advice when I was 16 if I could have afforded a car like an M3, I suggest you seriously consider something less expensive and less tempting. There are plently of cars that can be a lot of fun without bringing out the worst in you and those around you.