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Unless you have at least 20% down, I wouldn't even consider it. Everyone has opinions and you've clearly gotten many here but a good rule of thumb is not to spend more than 10-15% on a car(including fuel, maintenance and insurance). At $583 (10% of gross), subtract $120 for fuel and $150 for insurance, you really shouldn't be spending more than $300/mo on a payment. I'm probably in the minority here and as a fellow enthusiast, I'd understand giving your left nut for a M235i, but I'd wait, save for 18 mos, buy a CPO with 20k on the clock and call it good. Good luck with your decision!
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