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Was the 25k Porsche you saw a 944 or a 996? The 944 is pretty old, and almost everyone hates on the 996, so it's generally lower cost.
I will add that the luxury car I once owned was an older model with significant miles (but looked great) and was less expensive then the typical budget car at the time. This is common in the luxury market. But almost everyone else that didn't know me thought I was rich. In fact the things people told others about me who then told me were things like "Oh, he must be able to afford a stable of those kinds of cars" or "He's got butlers to do his shopping". Little did they know.
Recently I was with someone and a young man drove by in a shiny Lamborghini. The person says to me "That man must be very educated." I didn't say anything but I was thinking "You don't know at all what his story is. He could of borrowed it from his rich uncle or maybe he's renting it or whatever."
You have no clue that you have the same mindset as the "guy in a store parking lot" LOL
My mindset was actually totally the opposite. The guy in the parking lot most likely is still leading his hum drum life. I on the other hand actually succeded and proved him and lots of "smart" people wrong. Very wrong.
It was a nonsense self-help book. I was very young and inexperienced then and believed that because the author told a good story and did have some success in sales that the book must be true. It wasn't. I learned.
Do these conversation actually happen to you? Do you live in the rudest community on earth? I can't think of a single circumstance in my life where someone has exclaimed such a thing out loud to me.
That actually happened to me. I was ready to pull out of a parking space in a parking lot and this guy was standing nearby with a few friends and said "I wish I had a rich father" loud enough, intentionally so I would hear it. At least he wasn't trying to be my friend because of the car, like others did. Truth is starnger than fiction.
I thought you meant I have the same mindset as the guy in regards to the possibility of becoming rich. As I posted above, when I told the guy that he could get rich his answer was that it was not possible. His answer was very genuine and I totally understand why he and many other people have that mindset. It's not that apparent.
That's actually true. Can't imagine how it is to drive an Aventador SV just for fun. You have to be an idiot to buy a car like that and expect it to be comfortable. That glorious V12!
Porsche's hold their value very well, especially the 911s.
In my experience, most very wealthy individuals will drive something nicer. Especially around Poland/Germany, not so much here in Norway. Most people who are sort of rich here or you'd call them the slowlane millionaires since most of them are 55-60+ years old and they drive their Teslas, Audis, Mercedeses or BMWs.
Some gurus on the internet actually preach that strategy.
Their price has increased from $500k to about $800k-$950k as of now. Some of these are great investments. Just like the Ferrari F12 tdf. When it got released back in 2013-2014 I believe, it's sticker price was 300,000€ . Now they sell well over 1 million €. Although you have to be in the Ferrari club to get your chance at pre-ordering one.
I have been thinking about this alot latley since Im a petrolhead. Got a Porsche Panamera and am already thinking of getting an i8.
Agree. Would you say that if you can buy ten models of the same car in cash, would you say you can afford it then? So if a Huracan costs $200,000-$250,000 then your income needs to be around $2.5 million each year? I think that's probably a good rule of thumb.
I think that should probably be a good rule of thumb.
Yeah man, you could afford it at that point. There was a video of Shaq talking about the advice he got from Beezos about investments. He said that 50% of your total income should go towards your business, 25% into your savings(or bank account) and the last 25% should be your fun fund(cars, boats, travel, houses, entertainment etc.).If you don't mind, which Panamera version did you buy? GTS or Turbo? Are you happy with it?
Seems like a good advice. We need a fun fun because thats why we do all this.
Haha nice, good luck man.Seems like a good advice. We need a fun fun because thats why we do all this.
Its like a customer we have at my clinic who owns 3 Ferraris. He says alot of people dont spend on themself. They just save and inveat in thwir business. You nees to have fun aswell.
I bought a 4S. However, I dont have my drivers licence yet so I cant tell if Im happy with it or not. Will do my final test on friday and if I pass I will pick it up and drive it home
Haha nice video.
True if you take it to a shop. And yes, Porsche parts will be more expensive that other car brands. But if you know how to work on the car yourself and do basic maintenance (which isn't rocket science), the cost is incredibly reduced. Plus, porsches are extremely reliable if driven regularly. Its actually the oppposite. The less you drive them, the more problems they could give you.
Someone who can actually afford a brand new Porsche is not going to think about these things too much.
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