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.
MB GT63s all day
That’s a mean SOB
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.
Your a VP so optics dont matter on this that much.
Personally have made a promise to myself not to vuy gas fueled cars anymore. I quite like the Porsche taycan and its decently priced
Posting for another data point: an M3 is totally fine as a VP.
Get a 2021 or 22 Panamera
M3 is completely fine. If you’re in a car centric city you might be in your car for hours a day. You should enjoy what you drive. Just don’t pull up in something like a slammed Hyundai.
Bought a low-mileage used RS3 when I moved to my car-centric city as a senior associate. No one commented then, and it did not affect my work life in any way. My VP had a 911 Turbo. Just don't wear the make's lifestyle apparel and you'll be fine.
Another vote for it being totally fine because it's not ostentatious or overtly flashy.
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