Auto IndustryJun 13, 2023
Amazonsugarcoat7

Porsche 911 Advice

28 YO Male L6 @ Amazon - TC: 395k NW: $1.2m (~1m in home equity; ~250k Trading account; ~30k 401k; ~80k loan/personal line of credit; bank account ~9k) Okay, so.... I had a CLA AMG as my first car, then I returned it after lease. Then I got a Rav4 hybrid, which I sold it in the peak for more than MSRP. Been sitting without a car for over a year. I got approved for promotion from L5 to L6 this Q. The kid in me now wants a Porsche 911. I'm debating between Carrera 4/4S/GTS 4. Looking for advice on how I should go about it. I never bought a Porsche. (I called Progressive and they said they wouldn't insure it lol) (I drive my dad's car as a daily driver since he doesn't use his and plan to use the Porsche as a weekend car and probably keep it for 10-15 years or for as long as I can) Is it even worth getting something higher than 4S? Do you recommend a used one or brand new? Used ones have a high mileage for a sport car and price isn't too different. On the contrary, the Carrera 4/4S have 1-2 year wait while GTS4 has a 3 year waitlist. Working with a dealership who is not charging any markup. Any suggestions / thoughts from someone who knows a little more than I do or has owned a Porsche 911 before and has gone through this journey would be appreciated. Thanks

Google dogfoodie Jun 13, 2023

My 2¢, you aren't liquid enough for the maintenance and upkeep of a car like that.

Hudson River Trading anti hero Jun 13, 2023

??? He can afford a brand new 911 which has extremely predictable maintenance due to warranty easily with the 250k in his trading account. Only on blind do you see takes like this

Amazon sugarcoat7 OP Jun 14, 2023

Will sell AMZN

Amazon PsNg55 Jun 13, 2023

Take advantage of tax advantaged savings accounts

Amazon sugarcoat7 OP Jun 14, 2023

What's this?

Amazon PsNg55 Jun 14, 2023

Your 401k number is very low. Others might be hsa, Roth IRA.

Hudson River Trading anti hero Jun 13, 2023

A 4s would be plenty considering you haven't had a real sports car before (CLA 45 does not count). Gotta work your way up slowly 😎

Oracle tznQ75 Jun 13, 2023

Unrelated - how is the WLB at HRT? @anti hero I’m preparing to interview with you guys.

Hudson River Trading anti hero Jun 13, 2023

I'm not there anymore

SAP ARjz53 Jun 13, 2023

Buy a 80's vintage 911 turbo with a whaletail spoiler. Manual transmission. No electronic traction control to get in the way of the fun.

Siemens Hri33 Jun 15, 2023

+ aircooled

Cisco HyuckIt Jun 19, 2023

Absolutely do not do this.

LMI Ewsk23 Jun 15, 2023

Have you talked to a dealer yet? If you're ordering a custom spec, you might want to start looking now. IIRC there are still wait lists to order a custom-spec 911.

Amazon sugarcoat7 OP Jun 15, 2023

1.5- 3 years depending on the model

Smartsheet nopilot Jun 15, 2023

Why not get something a bit more raw and exotic, like a Lotus Evora GT?

Amazon sugarcoat7 OP Jun 16, 2023

Porsche 911 >>>>

Capital One ADmj08 Jun 16, 2023

I have driven a 991 S and a 992 4S. My daily is an SQ5 and a motorcycle for context. And I can tell you a 4S is MORE than enough if you aren’t really tracking it and if you are it’s still enough you will just get the mod bug. I couldn’t believe how good the 911 felt to drive. It makes other cars feel inferior.

Red Ventures gt2rs Jun 16, 2023

Why get a 4S if this is going to be your weekend car? Get the Carrera S with a manual and keep the options to a minimum. RWD cars are way more fun. Also, you are not going to keep it for 10-15 yrs lol. Porsche is really good with tempting us to upgrade to the next gen. Before you know it, you will be dreaming of either a GT3 or next gen GTS.

Amazon sugarcoat7 OP Jun 16, 2023

So I can go snowboarding in the mountains in the winter

Haskell Yada Yad a Jun 19, 2023

then get the Dakar ........ now is the time to do it .

Amazon Mr EM Jun 16, 2023

Get the one that you like and want. Buying an expensive car is subjective and buy what makes you feel special. That includes the engine/trim and not just the model.

Upgrade UfGe55 Jun 17, 2023

Is this a humble brag? You can easily afford a new carrera 4 gts.