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Old 04-01-2014, 01:51 PM   #10 (permalink)
Firebase99
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Join Date: Sep 2013
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Quote:
Originally Posted by Chuck33079 View Post
Another good point. Those numbers work for owning the S as a street car. As a track toy, you need to be able to walk away from a total loss without getting your feelings hurt. That's a much higher number than what it would take to just own it and drive it.

A guy who makes $1mm/year is hurting if he balls up a $180k car. That was 20-25% of his pre-tax income that year. That same guy is a lot better off walking away from a wadded up $75k car.

That's why my track car is worth $5k, tops. That's about what I'm willing to wreck and walk away from.
Wise man indeed....
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