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03-16-2020, 06:39 AM | #1 |
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Do you DD your 8? Quick and easy poll.
I'm thinking about buying an M850i convertible. I don't think it will be my one and only daily driver. It's a lot of money, a lot of car, to have sitting in the garage most of the time. I'm curious what others do.
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03-16-2020, 06:55 AM | #2 |
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I don't but you could definitely DD a convertible. The main reason I don't is that I live in NE and don't want to deal with changing tires in the winter.
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03-16-2020, 09:30 AM | #3 |
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absolutely, mine is mostly a spring summer fall car but no questions you can. The GC is probably the best DD but I have a coupe and no issues. I had a M6 convertible and it was fine, I put 50k on it in three years of driving.
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03-16-2020, 11:50 AM | #5 |
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I have the convertible, and it's not my DD (I have a large SUV for daily), but I live in DC with a lot of rain and snow.
You could use it as a daily and a lot of my neighbors do in fact. It depends where you live, and your tolerance for bad weather. and if you're income/wealth allows for it. if you're young, flexible, and want it as a DD, you certainly can drive it year around. I'd probably put snow or all weather tires on it for winters; but the convertible is comfortable for me even at 40 degrees outside. everything is heated. |
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03-16-2020, 12:00 PM | #6 |
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convertible
to your point, it is a lot to have a 6 figure car sit in the garage 25%-50% of the time.
However, I'll tell you that the 33% of the time when you CAN take it out, drop the top and ROAR from 0 to 60 in under 4 seconds with the wind whipping around you is as close to heaven as I'll ever get. Keep in mind, insurance + maintenance (gas, tyres, etc) + cost, you're looking at about $2000 per month on a 2019 m850i convertible to sit in a garage. but I'd pay $24,000 just to drive it from June-August. September to October and March to June is a "bonus" . if you need a daily, I'd definitely get the m8 gran coupe. |
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03-16-2020, 12:06 PM | #7 |
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Finances are different for everyone, but when I got my financial advisor license (many years ago) the rule of thumb was to keep all your vehicles under your salary. it assumes a five year loan / timeline for cars.
Thus if you earn $200k / yr as a household; and your wife's car is $80k, your m850i is $120k, you technically don't have "budget" for a third winter/daily driver. that assumes 0 debt and a house payment that's around a max of double as the cars. (max 50% house, 20-25% cars, 25-30% living) |
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03-16-2020, 02:42 PM | #8 |
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Drives: 2018 BMW X5, 2019 850i C
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Yes it's my DD but I'm moving to South FL and just got the car a week ago. Currently live in CT.
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03-17-2020, 02:20 PM | #12 |
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I see now I should have clarified that I was looking at the convertible, but still, thanks everyone for the feedback and votes!
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03-17-2020, 10:16 PM | #13 |
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The top is high quality, but it's no substitute for a real coupe style roof. It's drivable in all weather, but it's not much fun in the rain or snow.
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