Yes, by all means buy it, promptly drive it off a cliff and die in the subsequent resulting fire. You're 19, at Cornell, and asking a bunch of random people how to spend a huge chunk of cash you supposedly earned.

Yes it's f***ing brilliant to be 20 and dump near $100grr into a depreciating asset when you still live at home. How exactly did you get into cornell? I'd love to forward this to admin there and get you booted for having the common sense of a do do bird.

My money says this ingrown hair on the ******* of society is really in junior college, drives a busted *** jap import, and will still be living at home when he's 30.






He should thank my g/f for me being in a particularly calm mood this morning.

 

I agree with Alan. The CaymanS is an awesome first Porsche. It's just so perfectly balanced. You can really push the handling limits on it without worrying about killing yourself. I think back to when I was your age and I remember many times where I was taking my car beyond my limits. If I was in a supercar like the 996TT I probably wouldn't be here to write this email.

But whatever car you get, the best thing you can do is take a performance driving school course. Best money you'll ever spend. It'll give you the equivalent of 10 years experience in one weekend

 

 

Sounds like you already have a great investment plan with the DaddyBuysMeEverything Fund. I hear that's a great company.

Now, go buy the Turbo and post pics of yourself. Be sure to wear designer shirts ($300 minimum) and jeans ($300 minimum). It also helps if you have braces and green teeth. Do that and the path towards 6speed success is paved with razors and land mines...just what you need.

 

 

I think you should do it if you feel that it won't inhibit any financial ventures in the future (aka, if this is "mad money"). I'm 19, and will probably get a Turbo by the time I graduate. I had a 996 C2 cab for two weeks, but honestly I liked DRIVING my M3 better. The 911 definately was cooler and looked better, but just wasn't as much fun. My dad drives a 996tt cabriolet, which is a great car and is the reason I think I'll end up with a Turbo. That's one example of a younger guy in a Porsche.

Example two. Drew (Sechsgang) got his 996tt when he was 17... he turned 18 the next week, but still. He drives it hard on the street but NOTHING like the usual immature teenage driver. He will be using it as a track car though, so his 10/10 will emerge on the track. Nonetheless he is a young Porsche driver.

Example three. When my dad went to Cornell he was driving a 911-- and he was 19. He also paid for it by himself.

SO, if you feel that it's not unwise to do it, I'd say go for it as long as you don't drive like a nut. There are plenty of young kids in nice cars these days; and it seems like you'll be paying for it rather than your dad-- that's the best reason to get it in my opinion.

Best of luck in your search, there are some amazing deals out there.



-Joe

 

There's a 15k mile black/black TT on ebay for 59k. That's far from 100k, and will depreciate maybe another 10-15k in the next 5 years. 2-3k/year in depreciation isn't so bad.

 

59 K is still a completely irresponsible expenditure for a 19 year old, unless it goes towards a house or degree.

 

There we go. That's what I was looking for. I can't believe we've had almost two pages of serious discussion over a post from a 19-year-old asking for investment advice, and whether or not he should buy a Porsche twin turbo, all in his very first post . . . Don't ya think his hard working Dad might be a better place to turn for some life, and investing, advice? Just my $.02

 

Whether it's irresponsible depends 100% on "backround" of the thread starter.

 

I agree with you though...

 

I translate "backround" as rich parents. Giving a child/young adult (which is what you are at 19) an exhorbitant vehicle will set up unreasonable expectations that will destroy the work ethic and future achievements of a child. I have seen it many times among those I grew up with, and now among my friends who mistakenly spoiled their children. Ironically my most succesful friends and myself all were quite poor growing up and struggled to achive what we have today. We all drove beaters when young and all drive luxury vehicles today.

 

Funny when I was 26 I sold a company, which allowed me the opportunity to buy many things including a new 996TT. Instead I bought a Subaru Foolishly paid cash for a house and invested the rest. The funny this my undergrad was a state school Maybe Cornell should offer a class or two in common sense! Here I am 6yrs later and worth 5x more than I was then and I am buying a USED 2002 996TT and looking for used parts!

Hey I say do what you want, someone will bail you out! Just look around.

 

By backround I meant rich parents AS WELL as WHO the person is. I completely understand where you are coming from, and I agree with you whole-heartedly with one exception. There are (very few) "young adults" who will not become egomaniacs when driving a car like a Porsche Turbo. I think that is the downfall and ultimately the reason a person should NOT get one.

Essentially, as long as money is no object, whether one should drive a sports/supercar at 19 depends solely on the person. I think the young people who should be driving these cars are the ones who don't car per se about the status the car gives them-- rather they care about the performance and pure driving experience obtained from driving it. If a driver can handle the car, I don't care if he/she is 19 or 99, I don't have a problem with it.



Also I'd like you address your other point. You can look at the "giving a kid a nice car will ruin them" idea from another aspect. This also my personal view. When I know what a car like a Porsche Turbo drives like, I know what I want. It gives me a taste of what success will feel like, and THAT will give me the passion/incentive to go out and work as hard as I can to attain it. Not neccessarily to become able to buy a supercar, but to be able to give myself options. The one thing I've found with success, whether it's having top notch grades in school or performing your best at a job-- if you do something to the fullest, you will have options, and that is a good thing.

Some people say you never miss what you never had. Obviously there are innumerable amounts of people who started with nothing and now have the aforementioned "options" (like you said Jitsu) but it also works the other way. I WANT to make it on my own-- and having a parent buy me a car will NOT change that. However, in my case, I know what it's like and will do it on my own.

/thread hijack, and it's time for lunch

 

Along these lines, I'm still a kid at heart, and I wish one of you Ballers would give me one of those Richard Mille FM005 ti watches I been wanting, so I can see what that **** feels like! Maybe it would motivate me to get off of 6Speed and actually go do some more of whatever it is I do . . .