🐠s, help me with my current dilemma. Will need a second vehicle later this Summer and currently thinking about buying a used Porsche 911 for ~$60k. I have no debt. Planning to buy a new house once I sell my current house, hopefully this early-Summer. I am in late 30s. Single. I can afford a used Porsche, the question is, should i pull the trigger and have fun? Or get a cheaper vehicle and live a conservative life? My heart is telling me go enjoy it, while my head is telling me NO!

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I’m in my 20’s and have a Porsche.

Super reliable
Hold value
Fun to drive

Hard to beat these three things.

Some people say it’s a waste of money yet are the same ones who go out drinking every weekend spending 500 dollars, life is short, enjoy it! If you’re saving how you want, 60k truly isn’t that much for a car as a director with 1m net worth...

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Dude get it. I have a Cayman S as my second car and love every second of it. Honestly has been my daily driver. I hit all investment goals. It’s a toy so don’t expect to not lose money, but you’ll have fun. Don’t listen to the people here who say drive a Camry for 20 years. Get a real driving machine!!!

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"need" and "Porsche" don't go together.

likefunny

False. You’ve clearly never driven a 911

likesmartupliftingfunny

Buy the car 😎
What’s the point of being single / without restraint at 39 if you still have to behave conservatively? Live it up!
-A 23 year old

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Do it 😂

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likefunny

If you’ve hit your investing goals for the year, your finances are buttoned up, and you are squared away with 6months of ICE cash...live your best life.

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Do it. But after u buy ur house so it doesn’t show up on credit check etc....

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Whats life anyways? If it makes you happy, that's all that matters.

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As long as it’s a turbo s why not ? Have some fun and they hold their value pretty well.

Although I’d go new Supra and build it for 800whp. Will cost around the same for a street race car.

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The new Supra’s are pretty. Damn. Fast. Stock. For 60k you’re looking at a 2004-2007 997 Porsche 911 turbo.

All depends what OP wants other than “a Porsche.”

Used Audi R8 (v8), Ferrari 355 (good luck with maintenance costs), might be able to stretch a gallardo if you choose.

Do it - it will hold value well and beats anything non-Italian on smiles per mile

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Go for it, good thing is if you change your mind you’ll only be down sales tax and a couple $k if you sell it in a year.

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Naaa, save the cash. Unless its a new Porsche or fully tricked out it’s not worth it and just an expensive toy passed its prime. I feel the same for used luxury watches. Either afford the real thing or get a top model lower end car (BMW, benz, Jag, still luxury but not Porsche).

P1 - yea, I m pretty sure I’ll enjoy it. I just never spent / rewarded myself my entire life (except for international trips), so it just feels weird thinking about spending money on an expensive toy for myself

It may help you decide if you think about what % of your net worth this is?

Net worth just over a mil

Yolo!!

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