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Buyer's Remorse on a brand new 991 GTS

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Old Jan 6, 2016 | 06:35 AM
  #46  
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Originally Posted by maverick1715
Still undecided!
My 2 cents:

If after several days you are still undecided, then cancel the order and move on. I'm a strong proponent of the "you only live once" mindset, and if you can afford it, then I don't see why not. But something like this, for this amount of money, needs to be something that you really want, and will enjoy. It doesn't sound like this car is it.

I ordered my 991S. It was the most money I've ever spent on a single car. It was gorgeous, it was exactly what I wanted, and I never cared for it. I sold it a year later, no regrets, glad to see it gone. I'm now buying a slightly used Boxster S (actually, the same model year as the 911) for about $50K less. I can use that $50K to buy something... else! Or I can invest it in this insane stock market. Or buy something shiny for my wife. She'd like that.
 
Old Jan 6, 2016 | 09:01 AM
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Originally Posted by beemer guy
My 2 cents:

It was gorgeous, it was exactly what I wanted, and I never cared for it. I sold it a year later, no regrets, glad to see it gone.
Hello and thank you for your post. Since it was exactly what you wanted and never looked back, as you mentioned, then would you mind sharing why you did sold it? Was there something you did not like or got over it too soon? Again, thank you for your post.
 
Old Jan 6, 2016 | 09:34 AM
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Different generational goals and aspirations for sure. I bought my first house at 21. I never wanted to rent and just throw money away every month. I have owned quite a few homes and always made money on them in addition to sheltering some income from the tax man.

I can't imagine some of the people who buy nice cars and don't even have a garage to park them in. I always tell people, buy a house first. Once you own a home, you can buy any car you want. It seems young people nowadays have no desire to build money for life and the future. They live for today and demand immediate gratification.

I am tickled that at such a young age money is no problem for you. I hope that you are smart enough that remains a constant in your life.

Nice car BTW - love the GTS.
 
Old Jan 6, 2016 | 09:37 AM
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Originally Posted by cairo94507
Different generational goals and aspirations for sure. I bought my first house at 21. I never wanted to rent and just throw money away every month. I have owned quite a few homes and always made money on them in addition to sheltering some income from the tax man.

I can't imagine some of the people who buy nice cars and don't even have a garage to park them in. I always tell people, buy a house first. Once you own a home, you can buy any car you want. It seems young people nowadays have no desire to build money for life and the future. They live for today and demand immediate gratification.

I am tickled that at such a young age money is no problem for you. I hope that you are smart enough that remains a constant in your life.

Nice car BTW - love the GTS.
Couldn't agree more with all of the above. Very well said!
 
Old Jan 6, 2016 | 11:16 PM
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I read the thread twice and still not sure what the intent is.

I think Tanman put it best, "...Most adults can make up their own minds."
 
Old Jan 7, 2016 | 05:48 AM
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Originally Posted by maverick1715
Originally Posted by Beemer Guy
My 2 cents:

It was gorgeous, it was exactly what I wanted, and I never cared for it. I sold it a year later, no regrets, glad to see it gone.
Hello and thank you for your post. Since it was exactly what you wanted and never looked back, as you mentioned, then would you mind sharing why you did sold it?
Sure. First off, let me ditto, +1, etc. the comments above about buying a house before buying an expensive car. Houses are not the guaranteed investment that they used to be, but generally speaking, compared to renting, a house is a better way to go. Plus, with a house you generally don't hear your neighbors nearly as much. And if you're single, women like that sense of permanence and security that owning a house provides. They can see themselves and their 6 children living there with you. But I digress...

On my 2014 911S with full leather, manual transmission and premium plus, it had an MSRP north of $110K and I paid around 105 when all was said and done with taxes, fees, etc. That's a lot of money.

After about two months of ownership, the car was in the shop for a week for what turned out to be a broken shock absorber. Now, that didn't bother me, because things happen and they did fix it just fine. What bothered me was that I got a Boxster S service loaner, and it was just so much better than the 911 that I got really pissed at myself. The transmission is better (the old 6-speed versus the 7-speed) the chassis balance is better, the steering was more communicative, the brakes had more feedback, and the Boxster did not have the PTV that came on my 911. I don't like the artificial feel of how the rear end is behaving when PTV is active. And you can't turn it off.

Now, the 911 has better visibility, a slightly better ride from the longer wheelbase, and more room inside. More standard features and more instrument dials don't make up for the $30K (or whatever) price difference, and although the 911 may be more powerful, it doesn't feel like it on the road. My car also developed a rattle in the door that they couldn't fix (granted, I only gave them one chance, as it wasn't bad enough to justify a return visit) and had that stumble issue described in other threads, although it did seem to get better (or I got used to it) as time went on.

But mostly, it was buyer remorse for spending so much money and knowing that I should have bought a Boxster.

I now have a Boxster S. I bought it used last week - it should arrive home on Saturday (it's being transported from Philly). It's a 2014 like my 911 was, and new I think the MSRP was $38K less than the 911. Although it doesn't have full leather like the 911 did, it is otherwise comparably equipped.
 
Old Jan 7, 2016 | 08:12 AM
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Originally Posted by GS997S
Why do you have buyers remorse. You claim to have more money then you could ever need, so why worry about getting the car. If you don't like it, just sell it and move on. Depreciation shouldn't be a concern with your vast wealth.

I am not sure if you own a house, but some comments on here make me think you don't. I can't imagine buying a new 991 and not having a garage to keep it in, or even buying a car as expensive as a 991 if you don't own a home.
I'm not sure which comments (at least from my posts) makes you think I don't have a house or a garage. The fact I don't have a mortgage (as I mentioned at the beginning of this thread) doesn't mean I don't have a house. With all the respect for people who prefer buying an expensive car without a garage, or who prefer to rent a house rather than own, I'm not in that category. Personally I'd never buy such a car without owning a house, but again, I understand where people who rent are coming from.

Beemer guy addressed it very nicely. I feel very similarly the way he feels. I bought my brand new custom ordered Cayenne Turbo in 2012; very well optioned, PTV, PDCC, 2 tone interior, glass roof, pretty much fully loaded. When I took delivery of the Cayenne, my old Cayman S' -which I also bought brand new back in 06'- felt like a skateboard. Therefor I sold the Cayman S' (since I had it parked and covered in my house's garage for months of not driving it), took the money and through them on a rental property which is a cash cow since then & never looked back (some weekends I did missed the Cayman though)

The smile the Cayenne Turbo puts on my face every single time I drive it is priceless, never doubted of that purchase for one second. I am not sure that a brand new 911 will actually give me a bigger satisfaction and pleasure than my Cayenne Turbo does, but I may be wrong.

So, back to the buyer's remorse, do I want a 911? Will it give me more pleasure than the Cayenne Turbo does? I'm afraid it may not. Then I may want to sell it, take a $20k hit on top of the potential $10k deposit loss in case dealership doesn't refund.

Some people think, having wealth is "OK" to take depreciation and financial hits. If that would be "OK", then wealthy people wouldn't be that wealthy after all. Wealthy people do not like taking stupid depreciation hits and they avoid them as much as they can. I'm not saying I don't expect to take a hit if I actually buy the car, however if I'd buy it then I should keep it for years, drive the heck out of it like I do with my Cayenne, enjoy every single second in it; then I wouldn't mind the depreciation one bit. But buy it, and then sell it like you suggest, because "Depreciation shouldn't be a concern with my vast wealth." as you said, sorry but no. That's not very wise.

Again, thank you for your post. My indention is not to start an argument and I respect your opinion and view. I'm just expressing my opinion and I hope I answered your question "Why do you have buyers remorse".
 
Old Jan 7, 2016 | 09:26 AM
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If you don't follow through and get the car, you should lose your deposit.
It's lookie loos's like you that make dealerships charge deposits.
Plus, it's a special order!
 
Old Jan 7, 2016 | 09:31 AM
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Originally Posted by eldertec
If you don't follow through and get the car, you should lose your deposit.
It's lookie loos's like you that make dealerships charge deposits.
Plus, it's a special order!
I have already started a new thread looking for buyers. I'm ready to take $10k hit and I mentioned that on my very first post; Besides, this particular built is not a "clown" built which should be very easy to sell at MSRP or slightly bellow, but again that's my opinion.

I'm not sure what's the reason of your unkind and rude post. Thank you
 
Old Jan 7, 2016 | 09:40 AM
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Originally Posted by mark12345
I read the thread twice and still not sure what the intent is.

I think Tanman put it best, "...Most adults can make up their own minds."
I reminisce back when there were no internet or car forums, I wonder how we managed back then. I remember now, we took care of our own business.
 
Old Jan 7, 2016 | 09:47 AM
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Originally Posted by tanman
I reminisce back when there were no internet or car forums, I wonder how we managed back then. I remember now, we took care of our own business.
This is very true and I agree. Even more back, before the the automobile invention I wonder how they managed; I remember now, they had horses.
 

Last edited by maverick1715; Jan 7, 2016 at 09:50 AM.
Old Jan 7, 2016 | 10:01 AM
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Originally Posted by maverick1715
This is very true and I agree. Even more back, before the the automobile invention I wonder how they managed; I remember now, they had horses.
And if you had a horse back then, you would probably ask someone which part is the front and which part is the back. Although, you might have an idea what the back part looks like.
 
Old Jan 7, 2016 | 10:05 AM
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Originally Posted by tanman
I reminisce back when there were no internet or car forums, I wonder how we managed back then. I remember now, we took care of our own business.
I think we talked to our friends, IRL.

I enjoy reading some of the things posted on these forums and try to help when I can. But rarely do I listen or follow the advice of people that I don't know.

The exception is technical information, and that's where I have truly benefitted from the vast amount of online resources that we have. If only I'd had Google back when I was young...
 
Old Jan 7, 2016 | 10:07 AM
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Originally Posted by tanman
And if you had a horse back then, you would probably ask someone which part is the front and which part is the back. Although, you might have an idea what the back part looks like.
Here's another unkind post. Thank you
 
Old Jan 7, 2016 | 10:16 AM
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Originally Posted by beemer guy
I think we talked to our friends, IRL.

I enjoy reading some of the things posted on these forums and try to help when I can. But rarely do I listen or follow the advice of people that I don't know.

The exception is technical information, and that's where I have truly benefitted from the vast amount of online resources that we have. If only I'd had Google back when I was young...
I find this forum an invaluable source for technical information as you mentioned.
 


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