TCCoA Forums banner

Which car should I get?

  • 2005+ Mustang GT

    Votes: 20 74.1%
  • 2002+ BMW M3

    Votes: 6 22.2%
  • Other (suggest)

    Votes: 1 3.7%

  • Total voters
    27
1 - 20 of 29 Posts

·
Registered
Joined
·
461 Posts
Discussion Starter #1
I've posted a topic like this a few months ago, which received some good feedback and some flames. If you disagree with me, please do not attack me. Just putting that out there right now.

I finally got hired to a nice job and now I can really start thinking about buying a new ride. I'm leaning towards the new Mustang GT or the early 00' BMW M3. I made a little chart comparing both of them.

Performance wise they are pretty similar with the M3 outperforming the Ford by a slight notch. Looks wise, I’m leaning towards M3 more. I like the side view of the Mustang better, however overall quality of production goes to the M3.

Mustang seems to be more gas efficient which is surprising since it has a lot bigger displacement and two extra cylinders. And according to some website it takes regular gas, while M3 requires premium.

Now the dilemma is this… For about $25-26 grand I could probably go to a dealership and get a brand new Mustang, with the lovely new car smell n’ all. However the car will probably depreciate a lot in first few years.

M3 on the other hand will be used. Probably around 40k miles and probably anywhere from $30k (if I get lucky) to as far as $35k. I would like to keep it under 30, however that is really pushing it. Especially since I want to get the SMG tranny.

I’d want a coupe, not a convertible. I’m not a fan of those really.

So I’m torn. Do I want a new car that costs less or a used one with some mileage on it that can be almost $10k more? Honestly I’d rather want an M3, but Mustang is kinda jumping at me telling me “Do not waste all your cash on monthly payments for M3!!!” Another thing to consider is that M3 that I’d like is a lot harder to find then the Mustang, especially if I’d want to get it for $30k.

So what do you guys think? Should I shoot for my “almost” dream car, the M3? Or should I go with a cheaper alternative, the Mustang? I’m looking at some other ones, like maybe the G35 or Z350, however I’m eyeing these two the most. I’ve test driven both, but it’s been a while. I need to refresh my memory.

Any experiences with either vehicle, recommendations? And if I made any mistakes on the chart, please correct me. I might just can the idea and drive the Bird till it does as well or take it to some performance shop and do a sort of an overhaul. But an old car will always be an old car. That’s the thing…

 

·
Fry Rice Specialist
Joined
·
4,794 Posts
smg and you'll be waiting for trouble
 

·
Premium Member
Joined
·
9,165 Posts
I'd buy an 05-06 Mustang not a brand new one. Find a real low mileage used Mustang GT and let the previous owner take the depreciation. Any time you buy a brand new car you'll lose several thousand just driving it off the lot. You can find an 06 Mustang with only a few thousand miles on it for a lot less than a Brand New one.
 

·
CEO, WT Club
Joined
·
2,648 Posts
I agree with Traveler, stay with a used GT. Best bang for the buck. Plus look at the tq numbers on the bimmer.

-Joel
 

·
Registered
Joined
·
2,806 Posts
I would go for the M3. Awesome, all-around good car that will hold its value much better than the Mustang. When I start making a bit more money now that I am done with school I think I will be looking to pick up a German "beater" so I can take the bird off daily driver status so I may be a bit biased :D

-Miller
 

·
Resident Line Creator
Joined
·
1,874 Posts
I would take the Mustang only because of the HP and TQ numbers running on Regular gas rather than Premium with the M3. I don't know if gas prices are an issue to you if your looking at both of these cars. Its always good to stay with Ford as well.
 

·
02 Explorer Pioneer
Joined
·
2,880 Posts
Maintenance cost on the BMW even if you do your own work will eat you alive compared to the mustang
 

·
Premium Member
Joined
·
9,165 Posts
I agree with that. I saw first hand what my girlfriend was paying for maintenence on her Z3...... whew!! They are proud of their cars and maintaining them!
 

·
Registered
Joined
·
1,286 Posts
No offense to any of the 05+ mustang owners here, but I just don't like them at all. I'd much prefer an 03 or so.

I am a fan of the AWD Fusions they are putting out though :) Or, maybee a mazdaspeed 6 if you like Terbows :D
 

·
Registered
Joined
·
1,095 Posts
MM, i def like the 99-04 style better then new, thought the new is slowly growing on me. I say find an 03 cobra! I want one soooooo bad.
 

·
Registered
Joined
·
1,058 Posts
i went and test drove a 2007 mustang gt 5 spd and i loved driving it for the short amount of time i had it. i do have a soft spot for BMW cars, especially andything with an M in front of the number. a friend of mine has two bimmers, an 89 325i, and a 98 323, both 5 spd, and the 89 runs 13's. i would say the M3 but parts for those are $$$
 

·
Registered
Joined
·
1,606 Posts
id go stang......its cheaper to buy a BRAND new car than spending more on an older car. then its a fact of labor and parts cost for the cars. an M3 will prob be more, not to mention ud find more shops able to work on a reg ol' stang then an m3 i would think. and then there is the aftermarket for each, i know there will always be a big aftermaket for stangs just cus its a stang, may have to wait for them to be made. i dunno what is out there for the M3.

personally id go stang f i was you. i like the M3's also real sharp cars.

goodluck with this.
 

·
One And Only!
Joined
·
1,712 Posts

·
Registered
Joined
·
871 Posts
The M3 is nice, but the seats suck on long trips.
Also the M3 holds its value much better then the stang would.
If you are going for a daily driver, get the mustang.
If you want a good, off the shelf performance get the M3.
But if you ever want to make the car faster/better get the mustang because it will be much cheaper since there is a much larger after-market for it.
 

·
Registered
Joined
·
7,557 Posts
I'd go with the Stang. I agree with what Traveler said. Buy one that has been previously owned. One that someone couldn't afford and took back to the dealer. That's the best way to keep from taking the first big loss on a vehicle, and you still keep the warranty. Easy way to save a few thousand.

One thing to look at, how are you going to be financing this? Check out which one will be cheaper for payments and all that good stuff.
 
1 - 20 of 29 Posts
Top