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Reply to "Is a Porsche 911 an investment?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You frugal, drive a Corolla, not a car guy obviously. Why on earth do you want a $100k 911? There are tons of cars cooler than your Corolla that cost much less[/quote] I actually love sports cars. I had some financial goals I wanted to hit, which is why I went into hyper-frugal mode and bought the Corolla in 2018. However, prior to that, I had a Mercedes SLK230, which was surprisingly inexpensive purchased as a used car, despite being a Mercedes. However, that line was eventually discontinued by Mercedes. The other sports car I liked was the Audi TT, but that was discontinued last year as well. I know there are other sports cars out there, but I don’t like them. The only one still available that I like is the Porsche 911—the only problem is that it’s more expensive, not only than the Mercedes and the Audi but also than any car that I ever thought I would buy.[/quote] Did you try a boxster or cayman or even gr86/brz[/quote] Thanks for suggesting the Cayman! Given that Porsches were previously out of my price range, I wasn't even aware of their full product line. I never liked soft-tops so the Boxster was out, but it looks like I could get a newer-model Cayman for about $75K. The question is whether I should get a Cayman or pay the extra $30K and get the 911.[/quote] Why do you need to pay $75k for a newer model when you can get a 5-6 year old cayman for $50k. Or if you are worried about depreciation you can get a 10-15 year old for 30-40k and sell it for same price in 5 years. Do a bit of research (go on a Porsche forum maybe) and test drives to figure out what you really like/need[/quote]
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