1981 911 SC as a Daily Driver?
#16
Rennlist Member
Hey Everyone,
Wow, this has been some really great advice. I do sincerely appreciate it all .
@Porsche930dude - Insurance is cheaper on the second car? You mean maybe classifying it as a classic or collectors car and getting insurance like that? Any more information on that? If that were the case, I may be able to actually own two cars.
Thanks!
Wow, this has been some really great advice. I do sincerely appreciate it all .
@Porsche930dude - Insurance is cheaper on the second car? You mean maybe classifying it as a classic or collectors car and getting insurance like that? Any more information on that? If that were the case, I may be able to actually own two cars.
Thanks!
#17
Drifting
Join Date: Jul 2009
Location: Belmont Shore in Long Beach CA
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They could easily reduce the price of parts, even 10% for the most profitable car company in the world. And just over 15 years ago if it weren't for the introduction of the Cayenne and all the Americans buying them there is a darn good chance that Porsche may not exist in the capacity that it does today.
#19
Instructor
#21
I think they're referencing the mileage the car is expected to travel in a given year. Insurance companies won't care if you have a second car or not. As of now, I pay less than $500/6 months with my 911 and Lexus combined, because I only have the Porsche set at something like 3,000 miles/year. If you do opt for classic car insurance, it's pennies compared to standard insurance. There are also limitation on where it can be stored, where it can be driven, etc... IIRC, Hemmings required I keep the car garaged at all times. Since I live in an apartment, this wasn't realistic. I went with standard insurance through USAA.
I bought mine last summer for what some would call a steal. Since then, I've driven it a total of MAYBE 500 miles. Mostly due in part to it being parked in my parents' garage 20 minutes away from my home. Also due to the fact that it's been inop for months for repairs. I've only spent about $1,000 on repairs since I bought car (new ignition, machined wheel barrels, alternator rebuild, basic oil/plugs/wires/valve cover gaskets, filters, etc...) and she's now running beautifully, but I'd definitely recommend a beater.
I'm in a similar financial position. I'm 23 and completely financially independent from my folks. (Read: I'm always finding myself broke until next week ) I bought the car because I'd have a good chunk of equity in it, just in case times got tough. However, I also wanted something I'd be able to tinker on. It was the Porsche or a cafe racer bike project. I went into ownership fully expecting and anticipating time-consuming projects.
If you can source a beater, and can gain access to a stocked tool supply and work station like I have with my dad's garage, I say go for it.
I bought mine last summer for what some would call a steal. Since then, I've driven it a total of MAYBE 500 miles. Mostly due in part to it being parked in my parents' garage 20 minutes away from my home. Also due to the fact that it's been inop for months for repairs. I've only spent about $1,000 on repairs since I bought car (new ignition, machined wheel barrels, alternator rebuild, basic oil/plugs/wires/valve cover gaskets, filters, etc...) and she's now running beautifully, but I'd definitely recommend a beater.
I'm in a similar financial position. I'm 23 and completely financially independent from my folks. (Read: I'm always finding myself broke until next week ) I bought the car because I'd have a good chunk of equity in it, just in case times got tough. However, I also wanted something I'd be able to tinker on. It was the Porsche or a cafe racer bike project. I went into ownership fully expecting and anticipating time-consuming projects.
If you can source a beater, and can gain access to a stocked tool supply and work station like I have with my dad's garage, I say go for it.