My Black 997 Turbo Might Be History
#11
10-30-2008, 11:16 PM
To save $500 a month it's not worth it mate - you're getting SO much less for your money.
Did i read your post correctly in that they have a 2003 Turbo for 60k? If so you are getting taken for a ride - you should be able to purchase one significantly cheaper than that in this market.
Did i read your post correctly in that they have a 2003 Turbo for 60k? If so you are getting taken for a ride - you should be able to purchase one significantly cheaper than that in this market.
#14
10-30-2008, 11:31 PM
have you figured what it would cost for tuition for your kids? $500/month is peanuts. i contribute many multiples of that to a 529 for my 2 kids - that are now 11 and 2. my financial advisor says that it will cost me about $1MM to send both of them to a private college (USC).
#15
10-31-2008, 12:06 AM
have you figured what it would cost for tuition for your kids? $500/month is peanuts. i contribute many multiples of that to a 529 for my 2 kids - that are now 11 and 2. my financial advisor says that it will cost me about $1MM to send both of them to a private college (USC).
#16
10-31-2008, 01:28 AM
have you figured what it would cost for tuition for your kids? $500/month is peanuts. i contribute many multiples of that to a 529 for my 2 kids - that are now 11 and 2. my financial advisor says that it will cost me about $1MM to send both of them to a private college (USC).
#17
11-03-2008, 12:49 PM
You're math's right, but you're forgetting the differential in depreciation over the next X years. If he keeps the 997TT for another three years, and it drops in value to, let's say 70k, the 996TT will still maybe be worth 45k (those may be optimistic estimates on both sides). So, over 3 years, he saves an additional 15k in depreciation value.
To add into the equation, though, the 996TT will be completely out of warranty, so how much will be spent on maintenance that would be warrantied with the 997TT?
Truthfully, there's certainly a delta, but it might not be as useful as it looks at first glance.
To add into the equation, though, the 996TT will be completely out of warranty, so how much will be spent on maintenance that would be warrantied with the 997TT?
Truthfully, there's certainly a delta, but it might not be as useful as it looks at first glance.
#18
11-03-2008, 04:25 PM
How can you be upside down on a relatively new car? Did you not put good money down on it?
This is why I don't like to finance toys. I switch them too often and it creates more variables in the equation.
This is why I don't like to finance toys. I switch them too often and it creates more variables in the equation.
