Thinking of buying a 911 since its my favorite car 😊 I have an active loan on my car atm but I can pay it off with the tradein and instead make payments on the 911. The 911 is 60k. My tradein was valued at $18000. No other debt. Please let me know your thoughts if you’re into cars! TC: 150k
911 with 150k TC? Lol... better buy another more affordable car
Depends where they live
I’m in the east coast pocketing around 3k after all expenses per month.
Love mine.
Nice! Did you buy it used or new? Do you use it as a daily drive? What model/year? What and how much has been the maintenance on it so far?
New. 991.2 GTS Used as daily. 20k miles on it. A standard service visit is $1k.
Did you try renting it for a week?
No how do I do that? Turo?
No- It’s just a car. Yes if you paid for the house and you do not need a trade in you daily drive
I am renting and yes I will use it to commute to work
Buy a house with that money first
Porsche with 150k? Please just use public transport
Not bay area
Well technically you can afford it: - buy a used one - buy an older version, e.g. from the 80s or 90s. (Technically that's still a Porsche 911) - buy on leasing it for like $ 600 per month or so So, technically you can afford one. Whether you should or shouldn't is a question only you can answer
A 911 from the 80s in good condition will easily cost more than a modern one.
No? They will cost like 50% at most 75% of a modern one
Everyone knows Toyota Corollas and a huge swagger are far more attractive. We always said as kids that Porsches were for douchebags and that Ferraris were real cars.
I thought BMW for dochebags. Should I sell mine and buy Porsche?
Those were said by people who could only afford a corolla 😂
I would say be careful. Maintenance isn't cheap and your budget might suffer at $150k TC. The other option would be to barely drive it to avoid maintenance (garage queen) but then what's the point... That said these are amazing cars. Oh one last thing, you need to be ready to not have basic tech that comes for free in a Civic... That's also a frustrating aspect of Porsches. EDIT: By maintenance being expensive I'm mostly talking about costs of annoyances like someone backing into you (if you drive in the city).
Things like that should be covered by the insurance.. I am more worried about mechanical failure after the warranty is up. The car that I was looking at only has 5 months of warranty left..
You'd think so but someone will scratch your car, not leave a note and then you'll do the math and figure out that it's better to swallow the bill than use then insurance and see the premium go up... Been there done that ;) Porsches are over-built I wouldn't mind at all. Sold the previous one with 70k miles running like a champ. Current one is getting out of warranty still pristine. Worst case you can buy extended warranty if that really scares you.
I don't understand why $150TC cannot afford a $60k car. OP you can easily afford the car, and your earning potential can only go upwards of you're hard working and constantly learning. It would be nice if you could save more by driving a Civic, but hey, you only live once and it's more fun driving a 911 when you're young.
It's not that he literally can't afford it, but he should consider the tradeoffs and how much burning 60k right now instead of investing it affects his retirement/house buying goals, etc. At 150k tc that could be multiple years of savings.
Played too much Need for Speed as a teenager?
😂👏
Never too much.