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14-12-2005, 12:15 PM | #1 | ||
Bolt Nerd
Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,965
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Ok, here's my problem.. My 17 yr old daughter who is due to get her licence next yr is hell bent on getting a Bemma. And she is Also doggedly determined to buy before ( read NOW!) she gets her licence so that she has experience driving in her own car.
She has picked out numerous 1993, 94 318's for around the $10,000 mark. She has 8 or 9k saved. One example here... http://www.autotrader.com.au/photodi...number=5743967 Am I right in discouraging her in looking at 11 or 12 yr old cars? (The above example has 119,000ks by the way) I have also tried further discouragement by informing her of the insurance on a BMW (around $1200 even in My name) But she won't be swayed! For last 12 months she has been learning in her Mum's Mazda 3 & DOES drive very well. I have suggested Corollas, 323's, Pulsars,etc... But NOOOO... "I want a Beema" Any advice appreciated guys!
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner : ) |
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14-12-2005, 12:23 PM | #2 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne, Australia
Posts: 2,602
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They're likely to cost a bit when things start going wrong with it as it gets older. She'd be much better off getting a decent used Jap car. She should definitely wait till she gets her licence before she gets the car as the rego, the (pricey) insurance etc will be wasted as she will have fewer opportunities to drive it.
Just make it clear she's paying for the car, purchase and upkeep. Also, it's better to go for a better example of that year model rather than a cheaper one that will have higher K's and possibly be in worse condition.
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14-12-2005, 12:29 PM | #3 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: South Australia
Posts: 3,173
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BMW's are quite expensive to maintain aswell.
Really it is her choice though since she is paying for it, just make sure that she knows that extra costs will be involved in owning a BMW. Financially she would be better off in something else though, but then BMW's are decent cars and are fairly reliable too |
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14-12-2005, 12:38 PM | #4 | ||
Adapt or perish...
Join Date: Jan 2005
Location: Dip!@#$
Posts: 7,954
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Just did a quote through RACQ for a female that's 18 years old on a 1994 BMW E36 318i with 4 speed auto, bog stock. Rating 1 No Claim Bonus and Hire Car option. Just licenced.
$3375.80 per year for insurance. Then take into account running costs, servicing (which won't be cheap), registration. It will be quite an expensive first car. Try to talk her out of it, and get something remotely affordable.
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14-12-2005, 12:59 PM | #5 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Posts: 837
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Let her do it. After 12 months of her realising all her money is going into a POS BMW she'll come around.
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14-12-2005, 01:06 PM | #6 | ||
The 'Stihl' Man
Join Date: Jan 2005
Location: TAS
Posts: 27,590
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I should have listened to my parent when I brought my first car...but of course I ignored them and made my mistake..which cost me.
So, try your hardest to discourage her..get a brand new fiesta or something like that.
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14-12-2005, 01:09 PM | #7 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Posts: 1,419
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i think its better to learn to drive well rather than looking cool to her friends.
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14-12-2005, 01:13 PM | #8 | ||
_Oo===oO_
Join Date: Dec 2004
Location: Canberra
Posts: 1,471
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Hrmmm.....I'd be trying to talk her into saving a bit more and putting that into real estate such that she'll be able to afford a later model Beema a bit further down the track totally on her own.
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COURAGE - ENDURANCE - MATESHIP - SACRIFICE
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14-12-2005, 01:13 PM | #9 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: South Australia
Posts: 3,173
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a '99 Mazda 323 Auto 1.8 would be good buy too! /plug :P
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14-12-2005, 01:23 PM | #10 | |||
Bolt Nerd
Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,965
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Quote:
Her Beema reasons are German build quality, value for money over a jap, and BMW safety.....So, I don't think it's just the "cool look" with her friends.
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner : ) |
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14-12-2005, 01:23 PM | #11 | ||||
Boss 290 BA GT Goodness
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Location: Canberra, Australia
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14-12-2005, 01:31 PM | #12 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Posts: 1,419
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Quote:
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405rwhp LS1, FG XR6T Ute manual, VE series 2 Omega LPG. |
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14-12-2005, 01:48 PM | #13 | ||
Tribal Elder
Join Date: Jul 2005
Location: Yarrambat
Posts: 2,278
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As i read it, you want a car for your daughter. Quite a good deal that.
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14-12-2005, 01:53 PM | #14 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: GOsFORD Central Coast NSW
Posts: 1,930
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BMW? Blum'in Money Waster, how about a cool XM or XP? way cooler than a bmw (dont mind those M series tho). Friends had about a 10 year old beema and the timing belt went in it, new pistons, new valves, basically a rebuild, LOTS of $ if she really wants safety a 'gasp' volvo? but i didnt say that
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14-12-2005, 01:55 PM | #15 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne, Australia
Posts: 2,602
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I don't percieve the lower BMW models (like the 318i) as being good value for money. It's only as they get into mid/higher models that they start to stand up to scrutiny for the asking price. At that end of the market a sports/luxury Jap 4 cyl would make better sense for the money. Well put together on the whole and can be classed in the same category as the BMW. Sure, the Beemer might be ahead in some areas, but for how much more?
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14-12-2005, 01:56 PM | #16 | |||
my other ride is the bus.
Join Date: May 2005
Location: Under a rock.
Posts: 1,367
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I bought a 94 Fairmont Ghia, and I am paying a sh*t load in insurance. But you know what? I dont give a damn... Its my car, I picked it and I pay for it.
If its what she wants, then she will probably tolerate the higher insurance etc. also, a German engineered Beemer is bound to last longer than an e-series of similar age :P Just make sure she pays for it. My mum has never put a cent into my car, and it has taught me a lot about balancing finances. BTW... how olds your daughter? ;)
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14-12-2005, 02:33 PM | #17 | |||
Former BTIKD
Join Date: Mar 2005
Location: Sunny Downtown Wagga Wagga. NSW.
Posts: 53,197
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If she wants value for money AND German try a VW. As for safety according to 'Choice' magazine that year BMW is only average (10th from the top). Top of the list for safety is the 1999-2003 BMW. Second is the N series Fairlane. If she's only 17 what kind of insurance would she be paying for a BMW?
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14-12-2005, 02:40 PM | #18 | ||||
Adapt or perish...
Join Date: Jan 2005
Location: Dip!@#$
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Quote:
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14-12-2005, 03:06 PM | #19 | ||
PM me if you want
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10K will buy almost any demo small car from any of the jap makers, you get 3 years warranty to boot, so why buy an old car.
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14-12-2005, 03:07 PM | #20 | |||
Former BTIKD
Join Date: Mar 2005
Location: Sunny Downtown Wagga Wagga. NSW.
Posts: 53,197
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Quote:
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Dying at your job is natures way of saying that you're in the wrong line of work.
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14-12-2005, 03:12 PM | #21 | |||
Adapt or perish...
Join Date: Jan 2005
Location: Dip!@#$
Posts: 7,954
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Quote:
Like I said before, talk her out of it and get something that's affordable to run.
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14-12-2005, 03:17 PM | #22 | ||
Solution Was Boost 4?, 6 & 8
Join Date: Dec 2004
Location: Melbourne
Posts: 23,624
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Hi Charlie, i have met your daughter, dont get her an old beema.... get her a new one...lol.
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14-12-2005, 03:47 PM | #23 | |||
Bolt Nerd
Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,965
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Quote:
"And I'll just take the Turbo badge off for my Ps" followed by... "How much would edit cost me"
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner : ) |
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14-12-2005, 03:56 PM | #24 | |||
Adapt or perish...
Join Date: Jan 2005
Location: Dip!@#$
Posts: 7,954
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Quote:
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14-12-2005, 04:01 PM | #25 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 1,083
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let her buy it, rego it, insure it, fix it....
just supply the tissues for later on. |
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14-12-2005, 04:16 PM | #26 | ||
Moderator Ford Coupe Club
Join Date: Dec 2004
Location: Vic
Posts: 3,905
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Can she afford to run and maintain it and still have a little left over to save? If so then let her do it on the condition that she does not look to you for a handout if she's finding herself short of money.
Of course the smart thing to do is to get a reliable heap for 3-5K and save the rest towards real estate etc but how many 17yo's think that way? Good luck.
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Mitsubishi ASX Auto, White - Daily Commuter XC Fairmont Coupe, 351 4spd, Graphite Grey - The Antidote http://www.fordcoupeclub.org "If you don't know where you're going, any road will take you there" George Harrison 2001. |
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14-12-2005, 04:32 PM | #27 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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The reason old BMWs are cheap is the maintenance. The electronics are not designed to last a squillion years. The same problem will become apparent in 2015 with BAs.
If her lovely BMW spits one of the several dozen CPUs it wil cost $lots, avg price $5k. But she is female and logic never enters the equation. It will be all about how she will look in it and how good the six stacker CD sounds and how well her clothes and accessories match the colour of the car. She will not admit this and will tell you what she thinks you want to hear. AS I said she is female. Young males just want whatever and are not clever enough to lie..... I had almost the same problem when mine turned 17. I bought he a UC torana that she managed to run into almost every non moving object in Australia. Luckily it just bounced off. Good luck and make sure your wife does not back her up or else you will get the silver medal....... |
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14-12-2005, 04:35 PM | #28 | ||||
XR & FPV Owner
Join Date: Apr 2005
Location: On the Dark Side of The Moon
Posts: 2,355
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It's a no win situation.... :
I wanted a V6 Capri for my first car..... had been driving and fixing cars for years by that stage. But the old man came down hard (won't repeat what he said!) I got shuffled in to a 1980 Datsun Sunny...... hey..... stop laughing!!! At the end of the day, I would have written myself, and maybe a friend or two, off in the Capri. The old Dato did well and I learnt to drive and to keep my money so I could buy what I really wanted.... the EB! D:
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14-12-2005, 04:51 PM | #29 | ||
Lucifer's Angel
Join Date: Dec 2004
Location: Sydney
Posts: 5,282
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I was forced into a 1979 XD ghia. No power steering, no heater or air con, and I had to pay all the costs associated with running it.
My father didn't see the point in buying me a newer car to have as a first car, no matter how good he thought I was as a driver. Little things like scraping a pole in a car park cost plenty of money to fix. My friends' parents went to opposite way and bought them a brand new car. After 3 months on her P's one of their daughters drove it through their garage, across the chook yard, through the back fence and into the back of their neighbours house. She was pinned by a floor beam to the chest and had to be cut out of the car. All their arguments about how much "safer" their car was compared to mine went out the window.
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If there's one thing guys in Holdens hate more than being beaten by a Ford... It's being beaten by a girl driving a Ford |
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14-12-2005, 05:00 PM | #30 | |||
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Join Date: Dec 2004
Location: Bundoora
Posts: 7,199
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Experience has always shown that the 1st car is really something you can gain experience in, not just driving but looking after it. Something cheapish you can get used to, live a little while you're still young and buy a better one for the 2nd car, as much as the 1st car would like to be a better one... |
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