Article on BMW M3 buyers

[Inzane]

This shouldn't really surprise anyone. Especially if you spend any amount of time here at Beyond.

http://www.msnbc.msn.com/id/25352526


Conclusion: There are a lot of stupid people out there.

[rc2002]

There has always been the stupid people. The same people used to dump that much money into their $5000 civic. At least now they're a bit smarter and buying more car off the bat.

[rmk]

aka Flash fucks

[blownz]

Interesting article and sadly not that surprising.

[benyl]

And buyers of the Honda S2000 Club Racer — a version of the company’s two-seat roadster with race-ready suspension and no folding convertible top — are a full decade younger on average than buyers of the less-costly regular model.


hmmm.... hahaha

[Destinova403]

They should really make courses on money management manditory for High School students... i took one and i like to think it really helped me make lifestyle choices which were within my means.

[Jlude]

Originally posted by benyl



hmmm.... hahaha

I'm 23... But, I do see tons of middle aged people and even seniors ripping around in S2K's down in California...

[The Cosworth]

Well what did they expect people our age to do. Now that houses are out of reach of everyone else and the average 20 year old has the attention span of a daffodil we go and blow our money on toys.


Trust me if I could get a small house in Coventry/Airdrie/Etc. for $225,000.00 I would be puttering around there and sinking my money into upgrading it.

But because it costs me $2500.00 a month for 40 years to live somewhere. Screw it I would rather rent for $1000 and buy an $800.00 /month car.

[rmk]

Originally posted by Destinova403
They should really make courses on money management manditory for High School students... i took one and i like to think it really helped me make lifestyle choices which were within my means.

Nah. There is a ton of money to be made off of these guys/girls :devil:

Caveat Emptor

[bobby_lu]

Originally posted by Destinova403
They should really make courses on money management manditory for High School students... i took one and i like to think it really helped me make lifestyle choices which were within my means.

Could have mixed in a spelling course too ;)

[The Cosworth]

Originally posted by Destinova403
They should really make courses on money management manditory for High School students... i took one and i like to think it really helped me make lifestyle choices which were within my means.

in my finacial planning course in HS they told me that I can buy a car worth what I make in a year.

According to that guy I can buy a 60,000 bmw :rolleyes:

[heavyD]

So you can pick up the hot babe with your M3 but you have to take them to mommy & daddy's to bang? I know that not all generation Y'rs are losers but;

Generation Y = Fail :thumbsdow

[Destinova403]

Originally posted by bobby_lu


Could have mixed in a spelling course too ;)

i cant spell and my work computer has no spell-check on the internet browser... so sue me.



my grammar is also terrible... :thumbsup:


Originally posted by heavyD

Generation Y = Fail :thumbsdow

thats like 3/4 of this forum.

[benyl]

Originally posted by Jlude


I'm 23... But, I do see tons of middle aged people and even seniors ripping around in S2K's down in California...

What I found funny is that the article pointed specifically at both car purchases you have just made.

I am not saying anything about it, I think it is cool to have toys when you are young.

I was talking to my neighbor yesterday. He is an older guy with kids etc... He said he wished he would have bought the cars I have now before he had kids.

Better to enjoy something now, than regret not having done it later.

[benyl]

Originally posted by heavyD
So you can pick up the hot babe with your M3 but you have to take them to mommy & daddy's to bang? I know that not all generation y'rs are losers but;

Generation Y = Fail :thumbsdow

hahahhahahahaha... but the hot babe is living at home too, so she has nothing to say!

[b_t]

I was pushing my luck bad enough getting my truck while still living at home, if I came home in a BMW, I think I'd paying rent and a lot of it.

[heavyD]

Originally posted by Destinova403
thats like 3/4 of this forum.

And your point is?;) I did leave myself an out clause but you Y'rs do have this self entitlement thing for sure.

[bobby_lu]

Originally posted by Destinova403


... so sue me.



lol I wish I could sue people for bad grammar, could make a killing from beyond members alone:zzz:

[b_t]

Originally posted by heavyD
So you can pick up the hot babe with your M3 but you have to take them to mommy & daddy's to bang? I know that not all generation Y'rs are losers but;

Generation Y = Fail :thumbsdow

It's no big deal. I just wait until my rich parents go on vacation, so usually for a week or two every couple months, and then we get free run of the hot tub, jacuzzi, sauna, huge TV with immense stereo, and the BMW. I've got it all figured out :rofl:

[heavyD]

Originally posted by b_t


It's no big deal. I just wait until my rich parents go on vacation, so usually for a week or two every couple months, and then we get free run of the hot tub, jacuzzi, sauna, huge TV with immense stereo, and the BMW. I've got it all figured out :rofl:

Man things have changed. I lived with my dad until I was almost 21 and I was pretty embaressed about it lol.

[rc2002]

I bet the majority of generation Y has smoking bank accounts. $60k+/yr goes a long way when the only bills you have are payments for car and cell phone.

[The Cosworth]

Originally posted by heavyD


Man things have changed. I lived with my dad until I was almost 21 and I was pretty embaressed about it lol.

you have to remember though, he is a huge fag ;)





Originally posted by richardchan2002
I bet the majority of generation Y has smoking bank accounts. $60k+/yr goes a long way when the only bills you have are payments for car and cell phone.

I kinda doubt it, I cant say for sure but I think if I didnt move out at 18 and I made the money I make now at home. I would be driving a Merc or BMW or something.

then my dad would have kicked my ass out and I would have been so screwed

[tentacles]

And buyers of the Honda S2000 Club Racer — a version of the company’s two-seat roadster with race-ready suspension and no folding convertible top — are a full decade younger on average than buyers of the less-costly regular model.

Wat? I thought the Club Racer wasn't even road legal? A flashy BMW I can understand but a trailered race car? :nut:

[Eleanor]

Am I the only broke <25 year old left in the world? :cry:

I wish I could afford an M3, instead I want a bike and keep my protege beater, ahaha.

[Eleanor]

Originally posted by tentacles
Wat? I thought the Club Racer wasn't even road legal? A flashy BMW I can understand but a trailered race car? :nut:

Ummmmmm, it's street legal in Canada & the US.

[arian_ma]

Originally posted by tentacles


Wat? I thought the Club Racer wasn't even road legal? A flashy BMW I can understand but a trailered race car? :nut:
Why would Honda mass produce a non road legal car?

[tentacles]

OK, I'm thinking of that "Club Racer" thing they had concept pics out a few month back with no windshield and an exposed rollbar. I see this is something else. Never mind.

[max_boost]

Originally posted by The Cosworth



Trust me if I could get a small house in Coventry/Airdrie/Etc. for $225,000.00 I would be puttering around there and sinking my money into upgrading it.

But because it costs me $2500.00 a month for 40 years to live somewhere. Screw it I would rather rent for $1000 and buy an $800.00 /month car.

Makes sense. Rent is cheap, low maintenance, more free cash etc.


Originally posted by heavyD


Man things have changed. I lived with my dad until I was almost 21 and I was pretty embaressed about it lol.

I finally moved out at age 24. I lived in the walkout basement though so I treated it like my own place. I was forced to move cause of overseas immigrant fob cousins taking over my place. Best decision ever. House prices shot up 6 months after I moved in. :rofl:


Originally posted by richardchan2002
I bet the majority of generation Y has smoking bank accounts. $60k+/yr goes a long way when the only bills you have are payments for car and cell phone.

Don't know about smoking bank accounts cause you know, clothes, eating out, cars are expensive but you do feel kind of rich having money flowing in without any major payments. That's how I felt. Got a raise at work and immediately went out and bought my 330. This was 4 years ago :D

[benyl]

Originally posted by richardchan2002
I bet the majority of generation Y has smoking bank accounts. $60k+/yr goes a long way when the only bills you have are payments for car and cell phone.

Most of them have huge student loans from trying to live the high life while going to school.

When my cousin was going to school, he paid $100 per course. He is 10 years older than me.

I paid $250 a class going through undergrad.

I now pay $1K per course for grad school. It adds up fucking fast.

[Jlude]

Originally posted by benyl


What I found funny is that the article pointed specifically at both car purchases you have just made.

I am not saying anything about it, I think it is cool to have toys when you are young.

I was talking to my neighbor yesterday. He is an older guy with kids etc... He said he wished he would have bought the cars I have now before he had kids.

Better to enjoy something now, than regret not having done it later.

I agree...

But, looking back on the comments you made when I first moved down there, I would have to say that I was stupid. Not that it was too much for me to handle, just far more than I needed, and basically a waste. I thought I would really enjoy them, and I do... But I definetly didn't need to buy two new cars... or even two for that matter.

I'm sure most of "generation Y" are buying the car, not because they need it, and not always because they want it... but because they can...


That's my .02



Originally posted by arian_ma

Why would Honda mass produce a non road legal car?

That's what I thought...

[rc2002]

Originally posted by benyl


Most of them have huge student loans from trying to live the high life while going to school.

When my cousin was going to school, he paid $100 per course. He is 10 years older than me.

I paid $250 a class going through undergrad.

I now pay $1K per course for grad school. It adds up fucking fast.

I agree with you - school does get quite expensive. On a per course basis, my grad courses work out to be $1500/course. But still, the majority of Gen Y'ers that I know still live at home and have parents that pay for school, and for their cars.

[Doozer]

Originally posted by richardchan2002
I bet the majority of generation Y has smoking bank accounts. $60k+/yr goes a long way when the only bills you have are payments for car and cell phone.
And absolutely something for the Gen-Y'ers to be proud of. They shouldn't worry about all the money that their parents are spending on extra food, utilities, etc, that maybe they were expecting to put towards their retirement. It's all about you.


Originally posted by The Cosworth
But because it costs me $2500.00 a month for 40 years to live somewhere. Screw it I would rather rent for $1000 and buy an $800.00 /month car.
And there you go. Might as well get an M3 next.

It's interesting to note that most people think prices will go down, or they'll be able to "afford" things better later on. No one thinks about the extra costs of having kids, or the money put into a wedding, or that prices will go up with inflation.

Not singling you out Brendan, because you're only doing what tons of other people are doing. But my parents bought their house for less than the cost of the lot that my house is sitting on. Farmers are buying pickup trucks today that cost more than their whole farm 50 years ago. I would be willing to bet that in 10 years, you'd be JUMPING on a $2500/month mortgage, especially when you look at what you'd get now compared to the small shithole you'll get in 2018 for that price.

[b_t]

Originally posted by heavyD


Man things have changed. I lived with my dad until I was almost 21 and I was pretty embaressed about it lol.

What's the point in moving out if I will have to get a small house, can't afford to put any furniture in it, can't invest any money, can't afford a car, have to work extra hours, can't afford holidays and lose all my friends because I turn into a stressed out psychopath?
I could care less about owning my own house and have no problem living at home for another couple years until I have the income to comfortably afford one, and the big down payment to take the sting of Calgary home prices away?
My only bills are insurance, truck, gas, and the credit card, and my savings is growing very fast. You can't fault me for not being a dumbass like you were.

[The Cosworth]

Originally posted by Doozer

And absolutely something for the Gen-Y'ers to be proud of. They shouldn't worry about all the money that their parents are spending on extra food, utilities, etc, that maybe they were expecting to put towards their retirement. It's all about you.


And there you go. Might as well get an M3 next.

It's interesting to note that most people think prices will go down, or they'll be able to &quot;afford&quot; things better later on. No one thinks about the extra costs of having kids, or the money put into a wedding, or that prices will go up with inflation.

Not singling you out Brendan, because you're only doing what tons of other people are doing. But my parents bought their house for less than the cost of the lot that my house is sitting on. Farmers are buying pickup trucks today that cost more than their whole farm 50 years ago. I would be willing to bet that in 10 years, you'd be JUMPING on a $2500/month mortgage, especially when you look at what you'd get now compared to the small shithole you'll get in 2018 for that price.


:Edited:


stupid argument :(



\/ \/ \/ good point Doozer

[Destinova403]

Originally posted by The Cosworth


wall of text

i hope your atleast saving as much as you can so that when it comes time to buy a house in a couple years youll have a good sized down-payment to put down on it...

[Doozer]

^^^ It's true that everyone has their own situation, and you gotta do what you can afford.

I guess my point (and perhaps that of the original article) is that a lot of Gen-Y'ers have their priorities different from some of the older generations.

I drove my '84 Ford Escort through university so that I could put that money towards not taking out loans. My wife and I had a down payment for a house saved without living at home OR working for 10 years. My parents have taken a vacation every year since my brother and I have moved out, and I don't think they'd taken one in 10 years before that.

But, I didn't get the pleasure of owning an M3. And I'm fairly happy with my choices. I'm also sure most of the Gen-Y'ers are too.

[Super_Geo]

I sometimes hear shit about this generation feeling more entitled then others... I think someone who works in HR (rotten42?) even mentioned it in a thread a couple of years ago.

Basicaly it boils down to: "Look at these fucking young assholes, they have barely any experience and are counter-offering, demanding raises, more vacation, they have no loyalty to the company, etc."

I don't see it as a sense of entitlement, but rather understanding what your market value is. If the company you're at isn't paying you market value for your work, then any sensible person should tell them to either up the ante or find a replacement in 2 weeks. Or, you can do what the previous generation did: sit around and hope with crossed fingers that upper management finally gives you a pat on the head for your hard work.

But with the job market the way it is it gives people in new positions the latitude to shop around if need be. I recently hit 2 years in the industry and my pay has gone up 50% in that time period. Ask for what you're worth and you'll get it :dunno:

[Jlude]

Originally posted by Super_Geo

Ask for what you're worth and you'll get it :dunno:

I've had/seen plenty of guys demand/ask for more money, and just flat out, not be worth it.


If you know you deserve the money and are worth every penny, then go f'n get it... but know your worth.

[bashir26]

Sure I was able to afford an S2000, but buying an S2000 while going to school was a bad choice, so I ended up getting a civic so I don't take any loans for university.

I'll be living with my parents a year or two after I graduate so I can afford a house. Do the smart thing and mooch while you can.

[jsn]

Originally posted by b_t


What's the point in moving out if I will have to get a small house, can't afford to put any furniture in it, can't invest any money, can't afford a car, have to work extra hours, can't afford holidays and lose all my friends because I turn into a stressed out psychopath?
I could care less about owning my own house and have no problem living at home for another couple years until I have the income to comfortably afford one, and the big down payment to take the sting of Calgary home prices away?
My only bills are insurance, truck, gas, and the credit card, and my savings is growing very fast. You can't fault me for not being a dumbass like you were.

exactly... im 22 and im still living at home because school is just too expensive. If I were to move out, I'd have alot less money to spend while going out with friends, eating out, and other leisure activities. School is stressing enough as it is.. I'd rather not have to worry about bills.

Also in regards to the sense of entitlement, I'm not saying in all cases, but in some, i think its justified. There is alot more competition to get into post graduate progams nowadays. To stay competitive in todays job market, you need higher level of education than previous generations. for example, my mom got a job as an accountant even though she doesn't have her accountant designation yet. Now a days, it would be hard to get a job without one.

[max_boost]

You ask for what the marketplace dictates. Sure some are over paid, some are under paid, not everything is equal all the time. Things change. Plus Calgary is one expensive place to live. Starting salaries need to be up there in order to live comfortably.

Look at hockey and what guys like Finger, Commodore, Juice are getting paid :D

[gpomp]

i want an m3...

[civic_rida]

Article sounds like me just got out of school and
im 23 living at home driving a 06 bmw 325i .
If i wanted to live at home for the next 4 years i could go out and get the m3 if i wanted to.

[rmk]

Originally posted by civic_rida
Article sounds like me just got out of school and
im 23 living at home driving a 06 bmw 325i .
If i wanted to live at home for the next 4 years i could go out and get the m3 if i wanted to.

refer to heavy ds post

[civic_rida]

Im living at home cause i dont want to rent and i dont think now is the time to buy.

[Doozer]

Originally posted by civic_rida
Im living at home cause i dont want to rent and i dont think now is the time to buy.
You don't WANT to pay rent? Guess what: the real world doesn't give a fuck what you want. Good luck when you get there though; I can see you're going to need it.

[civic_rida]

Yea i rather own then rent sue me.

In life you have choices. You can purchase , rent, lease , finance.

[civic_rida]

Id be pissed too if someone 10 years younger was driving a nicer car too

[Doozer]

Originally posted by civic_rida
Id be pissed too if someone 10 years younger was driving a nicer car too
haha, you think I'm pissed? You must be new to the internet. I'm much happier going to my wife and kid in my own house than you will ever be with your baby bimmer. However, my point was that there are many people paying rent now who don't want to be. I would go so far as to say 100% of them. Sometimes it's not about what you want; you'll figure it out eventually.

[civic_rida]

Okay thats cool .

[blownz]

^ you own 3 rather nice cars worth around 70ish grand and you still live at home rent free? lol

If either of my sons thinks he can drive something like a 2 year old bmw (yet alone 3 cars) and live at home rent free they are going to be in for a big surprise.

Reading this thread makes me think that once my kids finish school, whatever their car payment is, will be there rent payment to me. I don't mind helping out like I'm sure most parents but some of these cases are a bit crazy. :nut:

[max_boost]

I know what civic_rida is trying to say but he's just coming off the wrong way. LOL

He's in a comfortable situation, his circumstances are different than others. I don't consider him spoiled. He works, lives at home and is actively keeping an eye on the real estate market until it settles to a level where he is OK with the purchase decision. He drives a BMW, who doesn't? :D

[civic_rida]

thanks max_boost thats what i was trying to say.

[b_t]

Originally posted by max_boost
I know what civic_rida is trying to say but he's just coming off the wrong way. LOL

He's in a comfortable situation, his circumstances are different than others. I don't consider him spoiled. He works, lives at home and is actively keeping an eye on the real estate market until it settles to a level where he is OK with the purchase decision. He drives a BMW, who doesn't? :D

Its the same thing I am doing. I don't see how you could justify doing anything different right now, and my parents don't seem to be in a big rush to kick me out. My little brother is going to be at home for at least another four years :rofl:

[Xtrema]

Asian and South Asian family don't mind kids staying with them until they get married. Civic_rida is probably the case.

But still 3 depreciating asset for 1 driver isn't exactly what I call responsible financial management, regardless if you take in $100K or $1M a year. But fun and responsible don't usually go hand in hand anyway.

[Inzane]

Originally posted by blownz
If either of my sons thinks he can drive something like a 2 year old bmw (yet alone 3 cars) and live at home rent free they are going to be in for a big surprise.

x2.

I don't have kids yet, but that would be my sentiment as well.

[nj2Type-S]

lol, live at your parents' place for as long as you can, imo....haha

i moved out last year cuz i got married and i don't want to be living at home when i'm married (i'm 23 with no kids). if i were still single, without a doubt, i'd be living at home and driving an m3, myself...but it worked out differently for me and i'm alright with it, hehe.

so when i see some young kid who drives fancy cars, it doesn't bother me cuz at the end of the day, i park my car in my own garage and he most likely parks his in his parents' garage. :thumbsup:

that being said, i hoenstly don't think there's anything wrong with people who lives with their parents so long as the parents are cool with it. i don't know how other cultures are but being filipino, parents tend to want to keep their kids living with them utnil they're like 30 or something, hahah.

[nj2Type-S]

Originally posted by Xtrema
Asian and South Asian family don't mind kids staying with them until they get married. Civic_rida is probably the case.


:werd:

[civic_rida]

im not azn but im european.

[Xtrema]

Originally posted by civic_rida
im not azn but im european.

Eastern block?

[Hakkola]

Originally posted by civic_rida
im not azn but im european.

:werd: Euro here.

I wanted to move out but my mom got pissed, she says I have to live at home until I finish my degree, (8 more classes). If I get into law school here and not abroad she wants me to stay at home until that is done too, I would be about 28 by that time. :rofl:

I have a walk out basement and do a lot of the yardwork, I think she just wants me at home for cheap labour. :banghead:

She also said it would be stupid to move out and pay rent when I can just live at home.

[civic_rida]

yes

[benyl]

Originally posted by Hakkola


She also said it would be stupid to move out and pay rent when I can just live at home.

:werd: :werd: :werd: :werd: :werd:

[Tik-Tok]

I'm surprised no one has mentioned this in the arguement though... look at the age of settling down.

Back in the day, you'd get out of college, immediately have a wife, and children on the way, but probably be renting for a decade before you could actually purchase a house.

Now, you get out of college, and fucking ENJOY yourself, and your hard earned money, before you decide on settling down, and spending the next 20+ years spending your money on wife/children.

It's a better way I think. With the average lifespan going up, and people remaining healthy long into their 50's/60's. There's no problem not having kids until your 30-35.

[Inzane]

Originally posted by nj2Type-S
(i'm 23 with no kids). if i were still single, without a doubt, i'd be living at home and driving an m3, myself

If a 23 year old can "afford" a brand new M3 in theory, then BMW must not be charging enough for the car. :nut:

[EIT07]

Originally posted by heavyD
So you can pick up the hot babe with your M3 but you have to take them to mommy &amp; daddy's to bang? I know that not all generation Y'rs are losers but;

Generation Y = Fail :thumbsdow

Don't make that prejudice judgement. I drive a 50k car but I make more than double that in a year, and I live by myself. So I fail?

[Destinova403]

Originally posted by Inzane


If a 23 year old can &quot;afford&quot; a brand new M3 in theory, then BMW must not be charging enough for the car. :nut:

id love to think this is true but in an economy which is driven by credit... almost anyone can buy almost anything.

im 19... i drive a little honda... i work full time, make good money, and half of my income goes into my savings for a house. im using my scholarships and the money my parents put aside for me for school... but it wont last me the entirity of my education so i have to keep saving for that too... i COULD buy a very nice new car if i didnt mind going into debt... but why would i throw a huge portion of my income into an asset that is worth thousands less 10 minutes after it leaves the dealers lot.

nobody said that because i want to save for my retirement or a house i need to get married and settle down with kids... i have every intention to have a nice car... AFTER i have my more important expenses out of the way.

having 3 cars and nothing else to your name is irresponsible... and yeah, sure, you dont NEED to move out or anything, but what happens when you turn 26 and realize that you still live in your parents basement, your cars arent worth a fraction of what you paid for them, and you pissed all your money away... while at the same time, your friends have bought houses and have a net worth many times yours.

[civic_rida]

You make it sound like i have nothing but car payments.

[heavyD]

Originally posted by EIT07
Don't make that prejudice judgement. I drive a 50k car but I make more than double that in a year, and I live by myself. So I fail?

I assume you read my entire comment where I said not all are losers. Obviously you feel that you are not in that group therefore you FAIL.:poosie:

[Destinova403]

Originally posted by civic_rida
You make it sound like i have nothing but car payments.

you dont have anything but car payments... what other responsibilities do you have? mow the lawn...?

[civic_rida]

Just a career but thats not a big deal.

[max_boost]

civic_rida is a :bigpimp: we don't have to worry about that kid. hahaha

[nj2Type-S]

Originally posted by Inzane

If a 23 year old can &quot;afford&quot; a brand new M3 in theory, then BMW must not be charging enough for the car. :nut:

lol, if i lived at home and put $2400/month on a fancy car instead of paying for a mortgage and utilities, i don't see why not? haha, but of course, we've all got priorities in life...i'd rather own my own place, hehe.

[nj2Type-S]

Originally posted by Destinova403


you dont have anything but car payments... what other responsibilities do you have? mow the lawn...?

lol :rofl:

[G]

Even a warehouse guy can get a new bmw.

Family shattered by fatal attack in restaurant
Police say stabbing appears random

Sherri Zickefoose
Calgary Herald


Thursday, July 03, 2008


With a bank loan already approved, 25-year-old Gurjinder Singh Dhillon expected he'd be picking out his dream car this week -- a shiny BMW.

Instead, his family is planning his funeral.

As he sat eating late-night Chinese food with a friend inside the Little Beijing Cafe on 2111 Centre St. N., at about 3:40 a.m. on Saturday, he had no idea the moments would be his last.

Both Dhillon and his friend were stabbed by a group of men who approached their table.

His friend survived.

Dhillon didn't.

The surprise killing has shattered his close-knit family, who gathered on the lawn of their northeast home by the dozens Wednesday.

They could make no sense of Dhillon's violent end.

"He didn't deserve this at all. He could be anybody's son or anybody's brother. This could have happened to anybody," said Dhillon's uncle Harwinder Kang.

Police have no suspects in custody. They say Dhillon is not known to them and the attack appears random.

Dhillon's family hopes witnesses will come forward.

"These people are still out there. If it happened to him, it could happen to somebody else. The family wants justice. We don't want this to happen to another family," said Kang.

Relatives from the United Kingdom, where Dhillon was born, have flown here to grieve. The family moved to Calgary over a dozen years ago.

Dhillon worked for Watson Gloves in shipping and receiving for the past two years, and had ambitions of a career in sales.

Co-workers called him "G" for short.

On the day that he died, Dhillon, who lived with his mother and father in their Temple home, drove his mother home after work, bought her dinner, and left to pick up his friend at around 7:30 p.m.

They spent the night at Opus Lounge, 628 8th Avenue S.W., before going for a late night snack.

Police say they are searching for witnesses.

Police are also looking for witnesses with information about the killing of Daniel Jacob Levesque, 29.

Levesque was found dead Sunday afternoon at his residence on Braniff Road S.W. Investigators are not saying how he was killed. Police said he is not known to them.

Officers are attempting to track his last movements prior to his death. He was seen early Saturday afternoon, at his Braeside home and at a liquor store.

Police are reviewing surveillance tapes. It is believed he was in the company of at least one other person.

[email protected]

© The Calgary Herald 2008

[civic_rida]

Originally posted by max_boost
civic_rida is a :bigpimp: we don't have to worry about that kid. hahaha


I learn from the best

[heavyD]

Originally posted by civic_rida
I learn from the best

What's your real name? I don't recall tutoring anyone with a civic.:dunno:

[viff3r]

Originally posted by civic_rida
Just a career but thats not a big deal.
Haha, seems like you know some of the mods, otherwise I think you'd be getting flamed mercilessly by now :rofl:

But I hear you...I think it boils down to how supportive your parents are. ie, whether they are willing to shelter/feed you for the 4+ years your schooling will require, and while you are starting out your career as well.

And, I make $120k/yr and drive a Kia, so me = FTW

[b_t]

Originally posted by viff3r

Haha, seems like you know some of the mods, otherwise I think you'd be getting flamed mercilessly by now :rofl:

But I hear you...I think it boils down to how supportive your parents are. ie, whether they are willing to shelter/feed you for the 4+ years your schooling will require, and while you are starting out your career as well.

And, I make $120k/yr and drive a Kia, so me = FTW

actually, I would think you = accountant, and everybody knows accountants are really boring

[viff3r]

Maybe so...but you = huge fag, and everybody knows huge fags are huge fags. :D

And heavyD...what's with the crackin on Gen Y-ers...our tax money will be supporting your old decrepit ass in 20 years, I'd be nicer to us.

[me&you]

Originally posted by viff3r
Maybe so...but you = huge fag, and everybody knows huge fags are huge fags. :D

And heavyD...what's with the crackin on Gen Y-ers...our tax money will be supporting your old decrepit ass in 20 years, I'd be nicer to us.

What tax money? Most will be living at home at $40/hour (adjusted for inflation)... :D

[bashir26]

Originally posted by viff3r

Haha, seems like you know some of the mods, otherwise I think you'd be getting flamed mercilessly by now :rofl:


Why would he be getting flammed? If he wants to live with his parents until he can comfortably afford a house does that make him less than anyone else?

Like I said I'll move out of my parents house until I can afford a house and that's two three years after I graduate...whats wrong with thats, its being smart!

EDIT

I forgot to explain most somali's are supposed to live with there parents until they can afford to buy a house or get married. Its tradition. So I guess thats where I'm coming from.

Maybe boxer23 should chip in:rofl:

[SilverRex]

I duno why people find it a surprise that so many young people can afford a M3.

If it were a M5 or M6 that would be a different story. but come on M3 around 60-80k, is it really that hard? think about it, if someone were to be leasing or financing a 30k car for a couple of years, and when the M3 came out, all they had to do is sell it or buy it out and sell and you can have anywhere from 10k-20k easily as downpayment (of course it depends how aggressive one saves or pays)

And a new M3 doesnt come around every year, making those who dream of one will start saving and saving early. Soon by the time BMW is taking orders, a 85k car would then be 50-60k, and sunddely, it isnt that expensive anymore.

And who cant say that the new M3 buyers came from those who initially bought a house prior to 2005 and now have massive equiy to take a 2nd mortgage out.

a 65k base M3 car just isnt the same today as it was 5-10 years ago. think about how cheap it is to lease a car down in the US, I hear that could soon change as manufacturers are more likely to raise prices down south to match us.

But I agree with one person said about rather being young and having it then to get married with kids and regreting it. lol

[me&you]

Originally posted by SilverRex
I duno why people find it a surprise that so many young people can afford a M3.

If it were a M5 or M6 that would be a different story. but come on M3 around 60-80k, is it really that hard? think about it, if someone were to be leasing or financing a 30k car for a couple of years, and when the M3 came out, all they had to do is sell it or buy it out and sell and you can have anywhere from 10k-20k easily as downpayment (of course it depends how aggressive one saves or pays)

But to buy out that car that you financed at $30k and put that towards the downpayment of an M3, you still need to come up with the cash. You can't just sell a leased car and put it towards another one. (your example)


And a new M3 doesnt come around every year, making those who dream of one will start saving and saving early. Soon by the time BMW is taking orders, a 85k car would then be 50-60k, and sunddely, it isnt that expensive anymore.

And who cant say that the new M3 buyers came from those who initially bought a house prior to 2005 and now have massive equiy to take a 2nd mortgage out.

a 65k base M3 car just isnt the same today as it was 5-10 years ago. think about how cheap it is to lease a car down in the US, I hear that could soon change as manufacturers are more likely to raise prices down south to match us.

But I agree with one person said about rather being young and having it then to get married with kids and regreting it. lol

Don't know what you mean by "Soon by the time BMW is taking orders, a 85k car would then be 50-60k". If you mean it depreciates, yes and most likely by the time someone "saves" it could be even less than "50-60k".

Home equity is one way, but buying an M3 still wouldn't be the best thing to do with that money... still have to pay for it and the HELOC would probably cost more than the lease rate on the car. Bad idea.

Prices in the US won't be "raising to meet us". Prices in the US are based on the value of the US $ vs. Euro and don't directly affect the Canadian price.

+1 for enjoying it well you can.

[SilverRex]

^^^

what your saying does make sense but dont forget sometimes its not about why people make irrational purchases, its more about, can I really afford it. And as long as they can, there will always be people who would rather buy and enjoy a car now then to say invest in a property.

for example,

Ive leased my tsx since 04 for about 500/month, and in 07 late I refinanced it(buy out) if I was to sell my tsx median around 25k for example, I would have around 7k cash, let just say my mugen wheel/tires/extended warranty is worth another 2k on top. And if I was able to sell it, I would have 9k cash.

and for me to save another 10k cash is not that hard, if I was certain that I was going to fetch a M3 this year, I would began saving at least 2 years ago, I could either save monthly, take out my rrsp, or surrender my 7 year life policy which now worth around 10k cash. Anyways what im trying to say is I can easily drop 20k down and lease the m3, and right now, with that downpayment I could lease the M3 for around 600/month excluding fees.

And before you say, who in the right mind would drop that much down just to lease or wait adding tax and co will be aother 100/month more.

I'm just merely illustrating a point that, for 4 years I was paying 500/mth, and with alittle bit of nonsense, hype and a determined attitude, all I had to do is convince myself the M3 is I ever wanted to own and viola, yay I'm driving one mahahaha

And if I can do it, let alone someone who has equity or even more savings.

M3 is just one of those vehicles, its like a poor mans porsche type of deal. Big enough status symbol, and just enough to afford one if one is insanely desperate for it.

unfortunately, I have a wife and a kid so from a family point of view, I can no longer do as I please, but it sure hell phun entertaining the ideas and looking at the numbers and drool.

But, if I do shop again, I wont be silly and go for the M3, I'll just go for a 335i coupe and chip it. Now that would be way more affordable and I dont have to even touch my savings lol

and if I grab a TLS, I would even spent less downpayment. man, there are so much great cars these days. Crap, im getting tempted all over agtain. Someone...stop me
:banghead:

[Canmorite]

A lot of these kids with super nice cars got them with family money, or some kind of large family assistance. None will admit it, though. That'd hurt their beyond rep' :rofl:

[me&you]

Originally posted by SilverRex
^^^

...But, if I do shop again, I wont be silly and go for the M3, I'll just go for a 335i coupe and chip it. Now that would be way more affordable and I dont have to even touch my savings lol

and if I grab a TLS, I would even spent less downpayment. man, there are so much great cars these days. Crap, im getting tempted all over agtain. Someone...stop me
:banghead:

I was ready to call you an idiot until this part of your post! ;)

Don't worry about being too tempted by the M3, it's over rated and a 335 is a much better idea.

[me&you]

Originally posted by Canmorite
A lot of these kids with super nice cars got them with family money, or some kind of large family assistance. None will admit it, though. That'd hurt their beyond rep' :rofl:

Or some actaully (gasp) have successful businesses! ;) hahaha


(or I'm an idiot, not sure which yet!)

[RT16V]

Originally posted by The Cosworth
Well what did they expect people our age to do. Now that houses are out of reach of everyone else and the average 20 year old has the attention span of a daffodil we go and blow our money on toys.


Trust me if I could get a small house in Coventry/Airdrie/Etc. for $225,000.00 I would be puttering around there and sinking my money into upgrading it.

But because it costs me $2500.00 a month for 40 years to live somewhere. Screw it I would rather rent for $1000 and buy an $800.00 /month car.

Nice one!

Article validation.........

[aram1000]

To each their own, everyone is different and we all have different reasons why we do things. I'm one of those kids who moved out soon after school and then moved back home after 18 months. It was my parents who encouraged me to move back home and due to my shaky employment situation at the time it made the most sense. Since then my job situation is very good, but i still live at home, and my parents have no problem with it, and charge me no rent. Because of this fortunate situation, I was able to travel in Asia this year, buy myself a nice car, start to go back to school, etc. And to me, thats worth the trade off of living at home. I'll admit, there are days i miss having my own place, and owning some property would sure be nice, but by having those payments, i wouldn't be able to have done the things i listed above. And to me, the price of the trade off is worth it, in terms of the decisions i've made. There are guys at work who always make fun of me for having nice clothes, trips and a nice car and what not while they have mortgages, but when i see the trade off that they have chosen, i know for me, i would not be happy, so why do it. We all have our different perspectives and just because one goes one way which is different from the other, doesn't make one better then the other necessarily, its all a matter of perspective. Just my 2 cents

[EIT07]

Originally posted by heavyD


I assume you read my entire comment where I said not all are losers. Obviously you feel that you are not in that group therefore you FAIL.:poosie:

Yeh from what you said I might not be a loser but I still fail. :bullshit:

[finboy]

Originally posted by Hakkola

I would be about 28 by that time. :rofl:

She also said it would be stupid to move out and pay rent when I can just live at home.

:werd:

my parents don't charge rent so long as i'm in school or putting the equivalent of rent away in savings, so where is the real motivation to move out? i have 3.5 years of school left minimum, and calgary housing prices/rental prices are still ridiculously high, so moving out isn't high on my list of priorities. finishing school in the black with lots of savings or finishing school 20,000 in debt and with nothing to really show for it except for the fact i can tell people "i live on my own" hmmm....

[Inzane]

Originally posted by aram1000
buy myself a nice car,...

There are guys at work who always make fun of me for having nice clothes, trips and a nice car ...

We all have our different perspectives and just because one goes one way which is different from the other, doesn't make one better then the other necessarily, its all a matter of perspective. Just my 2 cents

I agree with most of your point(s), however it depends how far a person wants to stretch the definition of "nice" car. For someone that's only ~18-23 years old, first car and/or first job, there's no reason why a ~$25k-$35k car purchase wouldn't do as a "nice" car.

But common... we're talking about the E90/E92 M3 here, which is an $80k+ car! That's going above and beyond the definition of merely a "nice" car.

[max_boost]

Originally posted by SilverRex
^^^

what your saying does make sense but dont forget sometimes its not about why people make irrational purchases, its more about, can I really afford it. And as long as they can, there will always be people who would rather buy and enjoy a car now then to say invest in a property.

for example,

Ive leased my tsx since 04 for about 500/month, and in 07 late I refinanced it(buy out) if I was to sell my tsx median around 25k for example, I would have around 7k cash, let just say my mugen wheel/tires/extended warranty is worth another 2k on top. And if I was able to sell it, I would have 9k cash.

and for me to save another 10k cash is not that hard, if I was certain that I was going to fetch a M3 this year, I would began saving at least 2 years ago, I could either save monthly, take out my rrsp, or surrender my 7 year life policy which now worth around 10k cash. Anyways what im trying to say is I can easily drop 20k down and lease the m3, and right now, with that downpayment I could lease the M3 for around 600/month excluding fees.

And before you say, who in the right mind would drop that much down just to lease or wait adding tax and co will be aother 100/month more.

I'm just merely illustrating a point that, for 4 years I was paying 500/mth, and with alittle bit of nonsense, hype and a determined attitude, all I had to do is convince myself the M3 is I ever wanted to own and viola, yay I'm driving one mahahaha

And if I can do it, let alone someone who has equity or even more savings.

M3 is just one of those vehicles, its like a poor mans porsche type of deal. Big enough status symbol, and just enough to afford one if one is insanely desperate for it.

unfortunately, I have a wife and a kid so from a family point of view, I can no longer do as I please, but it sure hell phun entertaining the ideas and looking at the numbers and drool.

But, if I do shop again, I wont be silly and go for the M3, I'll just go for a 335i coupe and chip it. Now that would be way more affordable and I dont have to even touch my savings lol

and if I grab a TLS, I would even spent less downpayment. man, there are so much great cars these days. Crap, im getting tempted all over agtain. Someone...stop me
:banghead: STOP IT!!!! :guns: No car for you!!! :rofl:

[bashir26]

Think of it this way, if they poured there money into houses the house prices would go up. Thats no good, its better that they buy depreciating assets instead of appreciating so that we can buy housing for cheaper :thumbsup:

[SilverRex]

Originally posted by bashir26
Think of it this way, if they poured there money into houses the house prices would go up. Thats no good, its better that they buy depreciating assets instead of appreciating so that we can buy housing for cheaper :thumbsup:

food for tought, perhaps all the young M3 owners all bet the housing market will be treading water and loosing alot of steam in canada and you dont have to be a genius to know whats happen in the US, thus, that this moment in time. Both house and cars depreciate, perhaps M3 can retain much of its value? lol

[Eleanor]

Originally posted by finboy


:werd:

my parents don't charge rent so long as i'm in school or putting the equivalent of rent away in savings, so where is the real motivation to move out? i have 3.5 years of school left minimum, and calgary housing prices/rental prices are still ridiculously high, so moving out isn't high on my list of priorities. finishing school in the black with lots of savings or finishing school 20,000 in debt and with nothing to really show for it except for the fact i can tell people &quot;i live on my own&quot; hmmm....

Same position here, staying at home and coming out of ENGG debt free :clap:

[benyl]

Originally posted by SilverRex


food for tought, perhaps all the young M3 owners all bet the housing market will be treading water and loosing alot of steam in canada and you dont have to be a genius to know whats happen in the US, thus, that this moment in time. Both house and cars depreciate, perhaps M3 can retain much of its value? lol

It might lose steam, but we are not going to see house prices we saw 2-3 years ago.

The US prices have dropped, but only from the inflated high prices much like we have here.

It is never really a bad time to buy real estate if you plan on holding for a long time. you just have to ride out the cycles.

[B17a]

Originally posted by benyl


It might lose steam, but we are not going to see house prices we saw 2-3 years ago.

The US prices have dropped, but only from the inflated high prices much like we have here.

It is never really a bad time to buy real estate if you plan on holding for a long time. you just have to ride out the cycles.

Only 5% of Canadian mortgages are subprime vs. something like 20%+ in the US. I'm glad I did it the way I did. Lived at home through uni and just after, started working, saved up for a house, bought a house (thank god when it was affordable!). Wife and I lived with one car for years. Finally got house almost paid off and started getting decent cars.....all before 30. I feel bad for my friends who are the same age as me, did the opposite, are renting, have no savings.

[rc2002]

If more people stayed at home and saved up a decent down payment first, the housing prices wouldn't have run up as fast and they wouldn't need to take out 40 year mortgages.