I also have another reasoning. If you buy today a Carrera and it costs 70 000$. And if you sell it in two years for 60 000$. You´ve spent 10 000$ in the car. Each month costed you a minimum of 416$.
If you buy a Boxster which today costs 25000$. But can only resell it in two years for 12500. You´ve spent 12500. Each month costed you 520$.
So it will be more costly to drive an old car than a newer. I´m not saying this are the right figures. But the idea behind this it´s if it´s only temporary you should check which one depreciates faster. Taking also in account an older car doesn´t have warranty from the dealer.
The other day I saw a Ferrari California online for 100k. Normal it goes 120k. Unfortunately it was already reserved when I called. If not I would have bought it. Probably enjoy the car for 2 years. And after sell it for 100k.
If you make an effort on the search. You can be paid to ride a Ferrari. And don´t even spend money on maintenance because it´s still on warranty.
By making a lease it might be even better. You pay the depreciation + lease. And get all back when you sell. You would sign 3 papers (buy, lease and sell) and ride a Porsche for free. No sweat money involved. Unfortunately leases have high interest rates. So you would see if the figures made sense.
I always buy second hand. Directly from the brand. Approved. A car with 30k is as good as new. Normally they are used by employees.
Unless your value per hour is more expensive than the time your taking to search for the car. Look for it. When I´m taking a dump it´s the time I search for houses. Haven´t been looking for exotic cars for a while. Drive a 5 series. The most boring car on the world. But I rarely get stopped by the police. Waiting for something. Just google online cars.
Here the link of the dude who owned a Ferrari for 1 year. He did the math. The car costed him around 1 grand per month:
http://jalopnik.com/heres-what-it-cost-m...1669923931
Best time to buy, just like houses. Is holidays time. There are no buyers in town. You´re the only one.
It´s fundamentally an emotional decision. But I see no wrong in adding some rationality to it. If you don´t. You might end up hating the car.
911 are also more confortable than Boxsters. And I don´t touch the wheels with my knees. If I buy again an exotic car. It will be to resell it. For the same price. Or even with a profit. If a lease doesn´t add much to the numbers would even make one. But had to make some calculations.
Never made a lease buying a car. Always upfront.
Never drove a Cayman. But it´s also a good car. A middle between Boxster and 911.
If you buy a Boxster which today costs 25000$. But can only resell it in two years for 12500. You´ve spent 12500. Each month costed you 520$.
So it will be more costly to drive an old car than a newer. I´m not saying this are the right figures. But the idea behind this it´s if it´s only temporary you should check which one depreciates faster. Taking also in account an older car doesn´t have warranty from the dealer.
The other day I saw a Ferrari California online for 100k. Normal it goes 120k. Unfortunately it was already reserved when I called. If not I would have bought it. Probably enjoy the car for 2 years. And after sell it for 100k.
If you make an effort on the search. You can be paid to ride a Ferrari. And don´t even spend money on maintenance because it´s still on warranty.
By making a lease it might be even better. You pay the depreciation + lease. And get all back when you sell. You would sign 3 papers (buy, lease and sell) and ride a Porsche for free. No sweat money involved. Unfortunately leases have high interest rates. So you would see if the figures made sense.
I always buy second hand. Directly from the brand. Approved. A car with 30k is as good as new. Normally they are used by employees.
Unless your value per hour is more expensive than the time your taking to search for the car. Look for it. When I´m taking a dump it´s the time I search for houses. Haven´t been looking for exotic cars for a while. Drive a 5 series. The most boring car on the world. But I rarely get stopped by the police. Waiting for something. Just google online cars.
Here the link of the dude who owned a Ferrari for 1 year. He did the math. The car costed him around 1 grand per month:
http://jalopnik.com/heres-what-it-cost-m...1669923931
Best time to buy, just like houses. Is holidays time. There are no buyers in town. You´re the only one.
It´s fundamentally an emotional decision. But I see no wrong in adding some rationality to it. If you don´t. You might end up hating the car.
911 are also more confortable than Boxsters. And I don´t touch the wheels with my knees. If I buy again an exotic car. It will be to resell it. For the same price. Or even with a profit. If a lease doesn´t add much to the numbers would even make one. But had to make some calculations.
Never made a lease buying a car. Always upfront.
Never drove a Cayman. But it´s also a good car. A middle between Boxster and 911.