Originally Posted By: Mr Nice
Originally Posted By: JHZR2
Originally Posted By: rooflessVW
I'd let my Carrera go and pick up and yellow 996 C4S or Turbo.
+1. I can't see putting $50k to a daily driver that is a depreciating asset.
Nothing wrong with buying a $50k+ car; it's a daily driver that's the rub. It's literally leaving dollar bills on the road mile by mile for monotonous duty. And that's not just a matter of "luxury" vehicles. The obscene pricing on full size trucks and SUVs is similar.
Id rather buy a new vehicle for $30k, which is about average, and then have something worthwhile to keep nice. Having the other vehicle keeps mileage down.
Just another perspective.
As you can see from the cars people buy on BITOG and posting photos.... there's many people that can legitimately afford a $50,000 vehicle and not have any negative effects on their financial security.
I'm fortunate to fall into that club, but note what caught my eye. A high end Porsche. As I said, nothing wrong with expensive vehicles, but IMO there's a difference between having a top notch high end car and leaving dollar bills on the highway driving for monotonous routine purposes...
Originally Posted By: Quattro Pete
Originally Posted By: JHZR2
Id rather buy a new vehicle for $30k, which is about average, and then have something worthwhile to keep nice. Having the other vehicle keeps mileage down.
Right, but then you are paying for insurance, registration, and maintenance on two vehicles.
I work from home, so I don't really put on too many miles anyway.
Not sure I see an issue there. I do so for six vehicles, if you don't drive much then maintenance isn't much. Insurance? Meh. Even in expensive NJ it's not a lot for million dollar coverage with a decent record. We pay a little over $3k/yr for all ours. A $50k "daily" driver will depreciate far more than that yearly... $50k into a lightly used Porsche, Vette, SL, etc. may not and should yield more driving enjoyment when you choose to do so...
But I'm not looking to argue just provide a different viewpoint.