I agree. It's all pretty simple. If you're thinking about 60-72 month financing type stuff, then you probably shouldn't....if you have the cash to buy it then it's a no-brainer. you buy a 70k car, drive it for 2-3 years, and sell it for 40-50k. Then it's not 70k, it's 7-10k/year plus maintenance etc.

I personally would never buy anything that I couldn't afford in cash, even if I finance/lease it becuase it makes more financial sense. If you still can't decide on your own, get a financial advisor and let them tell you.

 

You will enjoy and appreciate this car more than most of us.

I still remember the day my car came off the carrier. Man I had finally got it. This Porsche commercial is certainly true for me:

“It’s a funny thing about a Porsche. There’s the moment you know you want one, there’s the moment you first own one, and for the truly afflicted, there’s the decade or two that passes in between.”

http://www.youtube.com/watch?v=KRbzJ0L1Zn8

 

Well said ! hence why i drive my Porsche everyday, and 1.5 years has passed since my first Porsche Turbo with 20k under the belt, all i can say is i'm very happy. I don't know if i'll live to see tomorrow or the next....the only FACT in life is, theirs a 100% chance that we will die someday.

 

F1: You're right on point. I'm going steelhead fishing up in northern Calif. next week. I could take my Dodge dually, and that might be the logical thing to do....but I'm not....I'm taking the TT and throwing the fishing tackle in it....going to enjoy the drive thru the mountains to the little town nestled in the Trinity Alps and meet up with the guide..I drive it every chance I can...never worry about putting mileage on it or getting stone chips or wearing out the tires. I let whoever eventually might handle the will to worry about it. Now that doesn't mean I abuse it...quite the contrary....I take very good care of it and it wants for nothing...but I drive it any chance I get. Who knows....one of these days I might be driving a wheel chair around the hall of a VA hospital...but I'll never sit there and wish that I had gone for the gusto.

 

Obviously Ari you are also a pasionnate person. I look at these videos often. They are well made and also efficient. They remind me how different these cars and the people that create them are...Real artists, and I'll loved to have one of their creation in my little garage...Like having my own Van Gogh ;-)


[media]http://ca.youtube.com/watch?v=3X7twcJVHcM[/media]

[media]http://www.youtube.com/watch?v=8E1DIu8b0S0[/media]

 

Billions and billions

 

Just to reiterate what most people say in this thread ... "this post is a bad idea..."

 

First, this thread is never a good idea as many have mentioned.

Second, I strongly disagree with the above statement on cash vs. financing. I guess it does depend on how you are with your investments, but I'll take long-term financing at a reasonable interest rate any day because I am gonne beat that interest all to hell with the return I make on the cash I used to invest instead of buy the damn car. If you can't beat 6-7% annual return on your money, you probably shouldn't be buying a Porsche in the first place. (Okay, that's a little strong, but you get my point I hope).

And don't get a financial advisor to make this decision for you. Half of them are idiots and not qualified and it just depends on how conservative or aggressive they are in their styles, and if that matches yours.

Okay, I'm done here.

 

what it comes down to is the amount of enjoyment you get out of whatever it is you buy. Is there really a price on that? I'd love to invest and save and make tons of $$ like the rest of these people I see, but I put too high of value on enjoying the moments and enjoying the time/money spent on things now. I can't explain the happiness I feel when I spoil my family with things they want or get onto the I-5 in my 996tt at 1.0 bar...both are made possible by the sacrifice of knowing that I am paying for happiness and that service comes at an expense, just like going to the barber or getting a massage. This enjoyment completely wipes away the reality of my embarrassingly low income and long-term financed dream car.

Remember, live everyday like you are dying.

 

If I'm OK...you should be ok too...homie

 

I’m on unemployment, disability, welfare, food stamps, and social security. My wife works at walmart but turns tricks on the side to pay for mods to the Porsche. But at least I drive to the grocery store in style.

 

I got a used one with 6 years of depreciation already builds in

 

You too Duane? I thought I was the only one

Did the original poster ever get a car? This thread is almost 2 years old!

 

He's prolly still driving a Civic, but its paid for.

 

holy bump