Would You Rather...

JARblue

Have you looked at these?



Don't mind Aunt Edna on the roof

I saw one at a used car lot nearby. Someone was already looking at it, though.

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JARblue

Porsche

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abm89

Personally, I wouldn't waste that kind of money on a cabriolet. Isn't the base GT3 near that price?

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Complete Parts List:
https://github.com/abm89/ztouge-build

HapaZ

Yeah it’s close if it doesn’t have options. I know the cab is the less popular option but I’ve never fully understood why. What do you not like about them?

abm89

I generally don't like convertibles. The idea of someone looking into my car is un-nerving, so I would never have the top down anyway. That and I live in Texas, so F that.

Specifically why i dont like the 992 Cab? The GT3 simply exists.

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Complete Parts List:
https://github.com/abm89/ztouge-build

cv129

GT variants would be a better financial decision in terms of depreciation, however. Even 991.1 GT3 cars still exchange hands easily at 110k-120k range nowadays.

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Setrab | RE-71 | SPL | JRZ | Nismo | ARK | Whiteline | RacingBrake | CJM Oil Pan | Ti shield

danegrey

I would keep the Z as is... like Rusty, I prefer the cayman GT4, also convertibles are great (Have a miata) but convertibles are not good for tracking if you even get the idea about tracking it...

Or for less money and depending on what you are looking for how about s2000.

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Lots of Changes
the Z needs to be driven and driven hard for the car lives for it

TobinH

135k is almost 1k a month passive income invested conservatively.

so if I still had to work for a living, I would never spend that on a car, because you're roughly a quarter to half of the way to not having to.

HapaZ

Yeah this is really the crux of the decision point for me. I think it comes down to priorities and what one can still afford to do if the money is spent, which is totally dependent on each person's situation. I think there is an assumption that if someone has the money for a new Porsche they have enough money not to care about the cost... which for many owners just isn't fully true.

nis350

if you have to think about priorities before spending $150k+ for any toys, you probably are not ready for various reasons.

Based on your original question regarding spending $15k or $150k, you obviously have not done your homework financially.

Sorry...

nis350

so that's about 9% annual return.... Care to share more detail about this conservative investment?

TobinH

I'm rounding up, but I'm thinking about a covered call ETF with a 7% dividend yield and about a 1% appreciation.

HapaZ

I'll take the options tip if you feel like sharing

TobinH

not much of a tip, any high yield oriented ETF will perform similarly.

I'm in Canada, so I'm thinking of the BMO products, like ZWK, ZWE, ZWC.

note that there are good reasons not to buy these, you're essentially paying a high 'fee' in return for getting a regular dividend as opposed to more growth.

also, don't invest based on what some rando says on the internet, especially not *this* rando cuz I know just enough to understand how little I understand.

Spooler

Since you are in Cali, Porsche and no worries about smog stuff and inspections.