Filthy rich, specially if you want white.

 

Obscenely rich. ;-)

I bought my first Porsche, a fairly new 928, when I was in my mid-20s. I lived with my parents part of that time. I don't regret it a bit. If you're enthusiastic about doing something, you find a way to make it happen. Life is too short not to enjoy yourself. I never let cars put me into the poorhouse, but I'm sure there were those who questioned my priorities. I thought my priorities were self-evident. For most of us, getting a Porsche is like deciding to have kids. There's never a best time. You just need to decide it's what you really want, then do it, and enjoy it. Live life with no regrets.

 

I do understand this is an old thread. However, here's what I learned in life:


1. Enjoy life. If you aren't happy, content, or healthy, no amount of penny pinching (or money) will help.
2. Reward yourself once in a while.
3. Surround yourself with your love ones.
4. Try not to compromise by buying what you want.
5. Have rich (but inexpensive taste). Ex, Porsche is rich taste but buying a used one or a bargain makes you having a "rich but inexpensive taste."

My very first car was going to be a 911. Unfortunately, my insurance agent said, "Kid, you might be able to afford to pay cash for the 911 but you could not afford the monthly insurance on it."

On the double-standard side, I want to retire soon in my early 50's, and man, I want a 991 Turbo or the 2015 NSX as a retirement car -- maybe the C7 Corvette.

 

As rich as you need to be to sock away $$$ in your retirement account, cover all your bills, have a 6-12 month emergency fund in cash/cash equivalents (money market mutual funds) and some fun money to dine or dance or attend pro sports games or whatever you're into. THEN buy the Porsche. That's what my wife and I did.

 

1. Come to America illegally
2. Marry a rich citizen
3. File for citizenship
4. Have some kids
5. File for divorce and take half of her money --- then buy your toys!

That is the secret of my success. Hahaha. Jk!

On a serious note, every time you drive your Porsche don't forget charity. Having helped and seen poor and hungry children eat food and enjoy chocolate for the first time brings me the most joy in my life.

I.E., share what you can if you can.

 

words of wisdom right here.

 

thanks.

 

Timely post.

 

I am not sure what I should feel after spending all this time reading this thread from page 1 on Christmas day, haha

 

Well said....
In today's economy the term "Rich" is a moving target. If you are buying a Porsche for other people to think you're "Rich" you need help from another type of forum geared to self help.
I'm a mid 40's guy who grew up in the passenger seat of a 911. It starting the day I was born, taking me home from the hospital all the way to today. I have had many people ask why I drive a Porsche? It's simple, I consider myself an enthusiast, pure and simple. The cars history, it being a drivers car. I would drive a Porsche, any Porsche as long as it fit my budget, new or old wouldn't matter to me. Yes I have owned old beat up 911's and wished I had a new or newer one, but it was about budget, That was part of my motivation to get educated, work harder and reach for a goal. Being RICH had nothing to do with it. My other household business was always in order before a new or used 911entered the family. I've always been a fan of saving towards a goal, not over extending and most of all paying cash.
I don't have anything against the 'Rich' guy who writes a check or has to barrow to have the newest model, I welcome them. I'll be there to buy their well maintained car when it comes off lease or is traded for 60% (or what ever figure) on the dollar. I think most owners of P-cars are very level headed and hard working professionals who appreciate a fine automobile.

Sent from my iPad using 6SpeedOnline

 

When I consider the members of my PCA chapter (PNWR), I see a very broad cross-section of the economic spectrum well represented, with most active members driving cars they bought used.

Over time, these cars are properly customized for the specific interests of the owners (e.g., autocross, racing, touring, concours, etc.) -- sometimes over months and sometimes over years. A few members are quite wealthy, most are not, and as far as I can tell no one cares. We get together and share experiences with our cars, and these stories resonate with everyone regardless of purchase price and vehicle condition. Then we *drive* our cars.

Anyone who drives any age Porsche regularly *IS* rich if only in spirit and camaraderie and all sorts of positive emotions. And those who do not don't know what they're talking about.

There are those nouveau riche who don't understand the true purpose of a Porsche who buy new cars solely for status and appearance. It's like the latest fashion in car "jewelry."

You are not one of these because this type would never spend time in the forums like this. However, they do serve a useful purpose since many rarely drive their cars much and they soak up a large proportion of the depreciation before they sell to the rest of us for the next, newest fashion. This is where some of us get our virtually new cars with few miles on them for half price.

 

I bought my first P car when I was 30 with 2 kids. They both fir in the back "seats". That was 40 yrs ago. I have been driving them ever since

I agree with what many have posted.

1. You never know when it will be OVER. 2 yrs ago I had a 6 coronary artery bypass. I found out that I am not getting out of this life without passing

So ENJOY it.

If you get a P car, my first advice is take thee to a track event. These cars are completely different > 5k rpm. You will. Ever know on the street.

Happy new year to all. May you have lots more

JB.

 

You gotta be super rich, I still live in my mom apartment with the wife and kids. I drive 997TT and C63 DD. You go figure

 

JB- I am a medical professional and I've seen too many lives lost before their time, there is only one life to live "ENJOY IT" but within your means of course.

 

As Gotgolf52 stated, life is uncertain. I lost my dad, my uncle, our dog, and we lost our family dog this year.

My dad was a self-made millionaire. He came from China with not a penny in his pocket and worked his whole life to make sure that his family was well taken care of. He hardly ever took a vacation. Now he wasn't uber rich, but he was solidly upper middle class.

He had wanted a Mercedes R129 SL500 convertible for a very long time. Finally he asked me one day if he should buy it. I told him wholeheartedly "YES!!! Go enjoy yourself! All your kids have great educations and we all have our own professional careers."

And so he did. But he only got to drive it for 2 years before he had to have multiple major surgeries after which he was never able to drive again. He spent the next 11 years in a wheelchair and bedridden until he passed away earlier this year.

I have that car in my garage still. He gave it to me a few years ago when he realized he'd never drive again.

I don't really drive it much at all. I should probably sell it. But I can't bring myself to do that with all its sentimental value. So I have a mint SL500 with only 17k on it.

After he passed and then my uncle, I started to think "gee I'm only 27 years younger than my dad". I may not have all that much time.

I'm not as well off as dad was. I have a lot of responsibilities still, having had kids very late in life. But I decided what the heck. A few more years and I'm going to have a hard time even getting in and out of a sports car! So I just wired the money today for a 2011 Carrera GTS in GT Silver.

My point is if you feel comfortable parting with the money and it won't endanger your welfare or that of your family - DO IT!!!

Happy New Year!