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Old 06-24-2009, 07:58 PM   #1
AMG_POWER
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M7 is here!









NOT. Wierd move by bmw.


We're not sure where they came from, but official-looking images of the upcoming BMW 7 Series M Sport just popped up on the interwebs today. The car you see here is identical to the one we saw in spy photos just a few weeks ago. Since the M6 will reportedly remain the brand's top dog in terms of big performance cars, the 7 Series M Sport will be to the standard 7 Series what all M Sport models are. That is, it gets more aggressive fascias front and rear, unique wheels, an M steering wheel, M shifter and M footrest. Rumor also has it that the 7 Series M Sport will be powered by the brand's newly updated 3.0-liter, twin-turbo diesel engine producing 306 hp and 442 lb-ft of torque. No, it's still not an M7, but if you want a lightning quick 7 Series, you can go buy an Alpina B7 Biturbo for now.
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Old 06-24-2009, 08:00 PM   #2
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Old 06-24-2009, 08:21 PM   #3
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I'm last on the list to pay close to a $140,000 after taxes for a car that depreciats $25,000/yr in its first 4 years. waste of money
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Old 06-24-2009, 08:42 PM   #4
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Originally Posted by erikIS View Post
I'm last on the list to pay close to a $140,000 after taxes for a car that depreciats $25,000/yr in its first 4 years. waste of money
+1, these new BMWs seem to depreciate faster than a $100 steak going through my bowels.
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Old 06-24-2009, 09:05 PM   #5
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newbie Q

but is that the first generation of M7?
or is there others.
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Old 06-24-2009, 09:33 PM   #6
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Originally Posted by 5thseries View Post
newbie Q

but is that the first generation of M7?
or is there others.
First.
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Old 06-24-2009, 09:57 PM   #7
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I'm last on the list to pay close to a $140,000 after taxes for a car that depreciats $25,000/yr in its first 4 years. waste of money
I don't have money to buy something like this, but I like it. Only people who don't have money justify why not to get something nice and expensive Instead of justifying why it's not worth purchasing, build your life so you have the money to make such buying decisions People who spend $100k+ on a car don't do it for logical reasons. You can buy a Hyundai for $9995 to get you from A to B
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Old 06-25-2009, 08:02 AM   #8
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People that acquire a vehicle like this to drive .................... for the most part............. lease.
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Old 06-25-2009, 08:33 AM   #9
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Quote:
Originally Posted by europrince View Post
I don't have money to buy something like this, but I like it. Only people who don't have money justify why not to get something nice and expensive Instead of justifying why it's not worth purchasing, build your life so you have the money to make such buying decisions People who spend $100k+ on a car don't do it for logical reasons. You can buy a Hyundai for $9995 to get you from A to B
I would hope a person that is able to make that much money has logical thinking. Imagine how many hookers you can buy if you just waited for a used one.
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Old 06-25-2009, 08:36 AM   #10
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Buying (not leasing) any vehicle over $60K would boggle my mind let alone the depreciation factor.
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Old 06-25-2009, 10:58 AM   #11
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Do you guys think that Robert Herjavec from Dragon's Den leases his exotic cars or cares about their depreciation? People who truly afford these cars buy them because they can and want to, not because they worry about resale value.

As far as leases go, the CRA maximum for car write offs for business use is $800 plus tax. In a 50% tax bracket, you're still paying $400/month plus tax plus the $1000 difference between the lease payment and the write off. That's still $1400 a month, as a lease on this particular 7 would easily be $1800 a month!

Oh, and FYI: Lease payments factor in depreciation (residual value), so the whether you buy or lease, you're still biting the bullet.

Last edited by europrince; 06-25-2009 at 11:11 AM.
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Old 06-25-2009, 12:08 PM   #12
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not a big fan of the car...
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Old 06-25-2009, 05:39 PM   #13
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Originally Posted by europrince View Post
Do you guys think that Robert Herjavec from Dragon's Den leases his exotic cars or cares about their depreciation? People who truly afford these cars buy them because they can and want to, not because they worry about resale value.

As far as leases go, the CRA maximum for car write offs for business use is $800 plus tax. In a 50% tax bracket, you're still paying $400/month plus tax plus the $1000 difference between the lease payment and the write off. That's still $1400 a month, as a lease on this particular 7 would easily be $1800 a month!

Oh, and FYI: Lease payments factor in depreciation (residual value), so the whether you buy or lease, you're still biting the bullet.
Yes, but you can also write off depreciation...

T.
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Old 06-25-2009, 06:52 PM   #14
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meh, I rather have a MB S-Class AMG
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Old 06-25-2009, 06:53 PM   #15
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Yes, but you can also write off depreciation...

T.
Yes, you can. I know all about that
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