My Black 997 Turbo Might Be History
Oct 30, 2008 | 11:16 PM
#11
Teamspeed Pro
Joined: Jan 2008
Posts: 31,554
From: Zoo York
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.
Oct 30, 2008 | 11:31 PM
#14
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Joined: Aug 2007
Posts: 1,128
From: Long Island, NY
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).
Oct 31, 2008 | 12:06 AM
#15
Teamspeed Junior Member
Joined: May 2008
Posts: 35
From: Santa Barbara CA
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).
Oct 31, 2008 | 01:28 AM
#16
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Joined: Jan 2008
Posts: 8,356
From: Los Angeles
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).
Nov 3, 2008 | 12:49 PM
#17
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Joined: Sep 2008
Posts: 1,666
From: Austin, TX
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.
Nov 3, 2008 | 04:26 PM
#19
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Joined: Feb 2008
Posts: 5,084
From: USA
Probably due to depreciation.
