As a person who came of age during the early Fast and Furious era, car modifications went hand-in-hand with car ownership for me. A vehicle is never perfect straight from the factory. There’s always things to improve. The body can always sit lower towards the ground with a set of lowering springs. The exhaust note can always be more prominent (or annoying, depending on the perceiving subject). The engine can always make more power. And on and on.
When I took the M2 for its first service, the service advisor even asked if I had any modification plans for the car. I can only reply meekly to the negative. The car will remain stock, at least for a time.
Almost five years later, the feisty little BMW is still completely stock. The only modification is the normal wear-and-tear from the road. It’s not that I don’t have any aspirations to buy overnight parts from Japan. But the problem is, as it always boils down to, is money. Or the lack thereof.
Aftermarket car parts are not cheap, especially for a car of German nationality. A solid set of coilover suspension is a few thousand dollars. An Akrapovic titanium exhaust is also a few thousand dollars. A proper set of BBS wheels is nearing five figures. All of this is before I even open the engine bonnet. Figure in many thousands more for ECU tunes and turbocharger upgrades.
It didn’t – and still doesn’t – make financial sense for me to spend another 20 to 30 percent of the M2’s original MSRP on top, just to personalize the car. I wish I had that kind of disposable income.
And isn’t the M2 Competition unique enough already in a seascape of silver-colored SUVs? The cars we buy is a representation of how we want to show ourselves to the world. Otherwise, we’d all be driving brand new Toyota Corolla into the ground, hopefully many decades later. That would be the sensible thing to do.
But people often complain about the price of a new car in 2025, yet won’t ever consider the aforementioned Corolla for $22K. We’ve got too much emotion tied to our cars. Any Texas man worth his gun rack must have an American-made truck. Any car enthusiast worth his manual transmission driving certificate must own something fun and interesting.
My M2 – and the cars before it – never made financial sense. I don’t see the need to compound that problem by spending more on modifications. Especially before I’ve fully paid off the loan.
Perhaps this is my advancing age talking. The marshmallow no longer offers any ounce of temptation.
I sometimes admire the younger enthusiasts, who have no compunction on living paycheck-to-paycheck (or worse) to support their enthusiast habit. Spending more than 50 percent of monthly take-home pay on cars is mere table stakes. The dopamine drip of saving just a bit longer for that next car part. Rinsing and repeating until the car is so encumbered with modifications, that you can’t hope to recoup the costs when you inevitably sell the car for something else.
There’s always something else.
Ignorance can definitely be bliss. The older me with a longer time horizon absolutely cannot force myself to live like that. The margins are too thin. Life will certainly throw financial curveballs at you. Having cars take up such amount of income – when you really can’t afford it – is a super stressful way to live.
My younger brother had plans to buy a Lotus Emira – a sports car well into the six-figures. He of a blue-collar income did the math and figured to barely squeak the car under his monthly paycheck.
I had to bring in the older brother perspective and talked him out of completing the order. Because for him to “afford” the Emira, life would have to go completely perfect. There can be no surprises, because surprises are expensive. The car alone is liable to bankrupt him should something unforeseen occur. Does my brother have $400 laying around should he need to replace punctured tire?
If he got into an accident, and insurance rates go up (he’s a young single male, so it’s already high), that would certainly push him into the red.
I understand the motivation. Car enthusiasts who aren’t doctors, lawyers, and heads of companies want to live the champagne life also, but on a 40-ounce liquor budget. Heck, I bought a GT3 whilst making less than $60,000 a year. It’s a dangerous game, though. Life simply does not go on perfectly. You got to have a sizable monetary buffer.
All that is to say: my M2 is expensive enough as is. I cannot afford to modify it further. Proper scheduled maintenance is all it will get from me.
A significant number of miles were done in March, though it’s not on an account of me. I loaned the M2 out to a friend, who was back home for spring break. He took the car out to a few mountainous spots here in the Bay Area. Meanwhile, I’ve not been on a touge drive in almost two years. Like I wrote last month, putting miles on a car is not the only way to do car enthusiasm.
At least I am happy that someone gets to enjoy the new tires I put on the BMW.
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Date acquired: October 2020
Total mileage: 21,305
Mileage this month: 375
Costs this month: $51.38
MPG this month: 19.3