Originally Posted by Jrowe' post='810629' date='Mar 8 2009, 06:27 AM

So i've figured it all out... Just the other day I started doing some serious thinking about my financial situation, and what's going on with my car and everything...


I figured it out to be a 9K Loss I have taken on my 545i in only 15 months time of having it. Which made me a little sad. I started trying to thinking about how I can get myself out of this mess before I get any deeper... Since my car just hit the 66k mile range, and the way I'm going by the time this thing is paid off... I'll be at 150,000 miles, and switching to a KIA!

So I decided to go into a dealership, and see what they can do for me... Turns out I'm 15k upside down! not 9K... Apparently 545i's are being picked up at the auctions for roughly around $19,000 with my millage and that's what they base their value's on... So since I owe roughly 34K Still on the car... (Yeah It's not looking pretty).


So basically I owe almost twice what the car is worth... I need 15K cash to hand over just to come up even before I can even think about getting that M5 MAN!


So when it comes to it since this little epiphany I've had where I was happy, and excited before... I now feel locked in an open play ground with 1 wall, where all I can do is run in circles or just run into the wall and end it. HAHA (the car that is)

I'm about to put 4K into my car, and just realized everything I'm doing is just 1 step closer to being a wannabe M5 without the emblem or the beastly engine... I don't think it helps I decided to test drive the damn thing yesterday either

Here's what I'm going to do in the next week.

-M5 Bumper
-M5 Trunk Finisher
-Quad Exhaust
-M5 Fender Grilles
-Trunk Lip And Roof Spoiler



What should I do? Deal with it make the best out of everything take the 5 years to pay the rest of my car off at 760/mo hope nothing goes wrong with my car, do the mods, and be happy.

Fork up 15K to just basically give away +10K down the next time I take a fat one in the toilet. And trade in and get an m5 and be ecstatic about it until my engine blows up?


Am I crazy? What do you guys think...?