Hey tez, welcome to the board. You got some pretty realistic responses that probably sound harsh. The questions you are posing seem to indicate that you are going the wrong way financially and you are asking for MAJOR problems. You have defualted on debts, are behind on a mortgage and are frustrated that you can't get a BMW. I think maybe you need to reevaluate what is important to you. 1) clear up & pay off all of your credit cards. 2) get current on your mortgage. 3) pay your car off 4) repair your credit 5) then look for a car Just to give you a bit of perpsective, my wife and I make