My last 911 was a 07 GT3 in 07 and I had a 97 993 trbo and 06 997 s cab-all together at once- so no Porsches since 2008. I have had 18 Porsches since 1982.
I was contemplating getting a leftover 13 s cab with a 10% discount- all the options plus manual like my 06.
Well quite frankly I have buyer remorse in that these prices have climbed beyond reality for me- for a toy! Plus they can now depreciate even more as all cars are going to zero ultimately. With this deal and after sales tax my car will be worth 25K less in a year.
Yet as I read threads here no one seems fazed- I am part of the 1% but with the current admin in DC it is and will become harder to hold onto capital and build it.
Just my thoughts not trying to ruin any persons day.

 

Buy a Ferrari.

 

It's an imported high-performance unnecessary sports car. It's an exclusive item that is highly engineered, quite rare when compared to other vehicles out there. It will depreciate like most other cars, but unless it gets wrecked or thoroughly trashed, it shouldn't drop to $0 for the next 30yrs or so. Unlike the 924s and 914s that have dropped to be cheaper than a full leather interior option for the current 911, give or take.

If you are concerned about that, go for a another brand or style. The Prius is holding its value well as is the Ford GT. Eventually the value of the current car will dip to a level and not go any further down unless there is a major flaw or glut of them. We all know how it goes, and unless the model you purchase is a special edition, ie turbo, GT3, 50th anniv, then it will devalue faster than you would like.

I bit the bullet, added more options that would not pay for themselves, and got what I wanted. Am I disappointed? I probably could have waited for the Targa, the Turbo, or a GTS version, but I was impatient and couldn't be happier.

In the end it's your choice to decide.

 

ben has devalued the currency by at least 50% to cover his banks asses from the mbs debacle.

he has silently stolen your purchasing power.

 

huh? or, are you living in Iran?

 

Ben is on the way out, maybe the new guy will reverse course.

 

Wishful thinking! Wait until Obama is out and Hilary Clinton is in, that is a day I am not looking forward to. The next chairman of the FED is going to be just as bad because we are in so much debt as a country.

 

Actually, because of said inflation, the reality is these cars have never been more affordable.

p.s. I know what the CPI says, but the government lies about the true amount of inflation.

 

I went very heavy on options.

To put things in perspective, for the price of the..."options"..., I could have bought a brand new 2013 Toyota Tundra Limited. It is ridiculous, yet here I am. The price of getting what you want, and Porsche certainly has it's way with options pricing and customers.

I love the car how I ordered it, and realize it will depreciate. But, cars are very rarely "GOOD INVESTMENTS" anyway, and most of us don't by them for that reason.

Hey Chub,

("I probably could have waited for the Targa, the Turbo, or a GTS version, but I was impatient and could be happier.")

Did you mean to say "couldn't be happier"? Just curious!

Went for a long drive today. I am finally able to start driving my car regularly now. Only 850 miles since April. I've heard the debate, but going to follow the "break in" and looking forward to getting to experience the personality of the car beyond 4,000 RPM.

7spd manual, X51, Aerokit Cup.

 

Politics and economics aside, I doubt seriously that a 991 bought today will be worth $75K less in 3 years, so the OP's $25 depreciation in the first year isn't the annual cost of ownership. All cars take the biggest hit the first year and you really can't amortize the entire tax cost in the first year, either. Generally speaking, most cars lose between 40 - 60% in the first 3 years. The 911 loses about 28% in the first 2 years which isn't bad at all.

 

It depends. I've got ~$40K worth of options and I know that most of these will take hard depreciation hit vs bare boned car ---but who cares really. If it makes you happy and you could afford with extra cash without disruption then why not....you only live once.

 

Yolo!

(via 6SpeedOnline iOS)

 

There are very few things in life that cost you $50-60,000 over three years other than expensive vacations or partial or full ownership of an expensive boat or plane. Even costly furnishings, jewelry, works of art, etc. have a longer useful life. So, the bottom line is: what's it worth to you? It's pure self indulgence, but that shouldn't dissuade those who have the means to indulge. For those who can afford it, invest your money or pick your poison. When in doubt, take some comfort in the fact that there are more extravagant spendthrifts out there who **** it away on Rolls Royces and Bentleys.

 

Yes, couldn't

 

Well said.