OPINION: Expensive car as a junior in finance

I've just accepted an offer for a VP role in a tier 1/2 city where having a car is a must. Growing up my family and I had old 10+ year old cars pretty much all the time and now I want to get something nice. I'll be making enough and have enough in savings / investments where I feel comfortable leasing something worth up to $100k slightly used. It's such a ridiculous 1st world problem I can't believe I'm asking this but what do you guys think would be "too much" to show up to the office in? I was thinking of getting a used M3 w/ the competition package in a neutral color (white or black). What are your thoughts? Please don't try to lecture me on it not being a good investment as that's not the point of this post.

Also, happy to just hear what you'd get if you had a similar budget as I love hearing others’ opinion on cars.

12 Comments
 

Very much so, I’m sure with a budget of 100k you can even find a brand new M4 comp as well. I wouldn’t worry about the looks you get. If cars is your love outside of work , then embrace that

 

No one will care as long as it's not a Lamborghini or a really flashy neon color.

An M3 is perfectly fine. Not sure if you are in a non-car city right now, but there are plenty of first year analysts rolling up to their first finance job in brand new Range Rovers, no one will even blink if you have a reasonably nice car - you've earned it as a VP and the M3 is a solid purchase.

 

Porsche 911 (not the latest model but 991.2). Also will only depreciate lightly, so you are not burning too much money.

 

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