What should be your income to buy a BMW?
Yes salaried people can afford BMW but your monthly saving should be around 1–2 lakh per month( i.e salary after all your expenses) with this one can easily afford the BMW as a service cost around 50k-60k and if there is simple fault( i.e shoker replacement normal cost 3000 but bmw part cost around 50k per shoker) it …
How much should I earn to own a Mercedes?
If you go for a loan, a 5 year loan on 35lakhs will be at least 80000 rupees. Every year, you will need to keep 1.5 lakhs for insurance, another lakh or two for service, this comes up to 15 lakhs. To afford that, you should earn at least 65–70 lakhs, too be comfortable.
Can I afford a BMW If I make $6000 a month?
Just because you make $6,000 a month doesn’t mean you can afford a BMW. Sometimes your credit card bills and the likes will hurt you when buying a car. And know that you will have those continual finances for the ownership of your BMW. Make sure you budget for a new car, even if you already make $20,000 a month. You will thank me later for it. 4.
Can you afford a brand new BMW?
Some of us can afford brand new, some of us can’t. Some have the money but they would rather spend it on an older BMW. This is all fine and well. No matter what BMW you get, you just bought a BMW. And if you are an enthusiast then hell yes!
Is it better to lease or buy a BMW?
Then buying is the right thing for you. The good thing about a BMW lease is that if your contract is for 10,000 miles a year, there is no issue with calling your salesman up and asking for 15,000 miles at some point during the lease. Just remember that it will cost you a little extra to do that.
How do I take delivery of my BMW?
You can take delivery of your BMW in two different ways, you can either pick it up from the dealership once it is ready and has been shipped by BMW, or even better, you can go to Germany and pick it up yourself. Now who wouldn’t to do that?