RPetty

I have always loved the caymans. that is what i originally wanted but if i stop and think instead of paying 35,000 if i could get a 928 for about 7,000 i don't have to worry about the payments as much and plus with all the $$ i would pay for the cayman i could put into my 928 if needed. this week is going by slow!!! i cant wait/so stoked to get my car!. i don't know why the reason i choose the 928 over cayman... it must be because i have seen a lot of the forums and there is a lot of helpful info i have learned and i have been around them all my life. when i get her i will be sure to take some pics and upload them and maybe i might put together a before/after to get some opinions


thanks everyone!!!

Ricky Jr

RPetty

sorry everyone i am the newbie on the dads account : )))))))))

mark kibort

Ricky is a good kid, and I dont think he and his new S4 will end up with the same fate as another younger buddy of mine that got one for his highschool graduation. (ended up with all 4 wheels off the car, in someones yard that was missing a dozen fence posts near a S curve in the side street! ) RIGHT RICkY!!!!????
should be a fun project!!!
Mark

cpayne

Some advice that you may already have been given and I wish someone would have given me at your age.

Invest in a Roth IRA across several types of Mutual funds. http://www.bogleheads.org/forum/index.php

Make everyone that gets you presents aware of your needs lists for parts and tools and give them the URLs to 928sRus, 928 intl, 928 specialists, pelican and harbor freight.

Never race for Pink slips.
Never say the words "Oh yeah! Watch this!" while in your car.
Avoid "Yo Mamma" jokes.

Don't use credit cards!
Pay cash for everything including your cars ( Only multi millionaires or better can afford the depreciation MOST new cars will incur in their first 5 years of existence.) I'm referencing your contemplation of a 35,000 dollar Caymen and payments.

Save as fast as you can about 4 thousand for emergencies only e.g. tranny , engine etc. Increase this to 6 months or better of your total living expenses as you get older and have other obligations)

Use the money you would be making payments with to fund your repairs and next car purchase/upgrades.

Get on your parents triple A plan.

There is more, but I'm sure I lost you near the top your now looking at you tube videos of supercharged 928s and dreaming of your own I know I would be at your age. Post the pics as soon as you can.
Good luck!

Mike Frye

Welcome and congrats!

I'm going to say that in all honesty I don't think a 928 is a good idea for a first car for anyone, especially a guy. If he's into cars he's going to want to know what it can do and if he's not into cars he shouldn't have it in the first place.

Having said that, you sound like a good kid with a good head on your shoulders. Good luck, the car is WAY beyond any new driver's capabilities (I'll admit my car is beyond mine and I've been driving for over 25 years) so don't try to 'push the limit' at any time.

Enjoy, maintain, tinker, learn all you can because a 928 is a car that can be kept on the road indefinitely with the right care. You can't say that about 99% of cars out there.

TheClairvoyant

You'll be fine as long as you don't do anything stupid with it.

I got my 928 when I was 17. Bought it together with my older brother. I never did anything too stupid with it when I was younger because I was paying my own car insurance. The insurance rates were high enough with a clean record. They would have been astronomical with any speeding tickets or accidents.

If this is going to be your daily driver, watch out for morons in the school parking lot. Not the safest place to park a 928. I drove my mother's rusted out 1968 Dodge Dart to school.

depami

Nice pitch for Dave Ramsey Financial Peace University.

Brett928S2

Hi

When my son passed his driving test in the UK at 17 (you CANNOT drive in the UK until you are 17) he asked me if he could get a 928....

I said sure ...as long as you can insure it yourself....(only properly legal way in UK)

So a couple of days later he says to me...well I found ONE company only who would insure me...cost was £25,500 (thats $40,454) !!!

So he decided to wait a few years lol

How can an American teenager afford to insure a 928 ? or is it much cheaper over there ?

All the best Brett

cpayne

Yep some of that is from Dave for sure. I paying off the house. I don't use his investing device however. But his getting out of debt and staying out is good.

gbgastowers

I had a 78 Trans Am as my first car back in 1982. Man, that posi-track rear end would slide around corners easy. Too fun! I had a 84 Vette that would do it better (ice covered parking lot) till it would stall from lack of fuel. Gunar

Ad0911

Hi Rick,
You are so lucky! When I was 16, the 928 didn't even exist! I got my drivers license at 19 in 1979. I got my parents old '69 beetle which I wrecked three months later while driving on a frozen road (slid off the road and hit a lamppost). Then I bought a '76 Beetle, which was a real beauty in my eyes. I put 120.000 miles on it and did my own maintenance. Car was always in tip top condition mechanically speaking but the rust devil kept kreeping through the bodywork so I had to let it go.
I wish you may safe miles and don't hit any hard obstacles while doing so.

RPetty2

i wont mark i promise you that i have seen what these cars can do (you, my dad and mark anderson on the track) if i feel like going fast my dad said he would take to the track... like you said mark " when you do track racing you have no desire of driving fast on the street" i think of that a lot and i don't want the desire on the street. and yeah it will be funner then school projects :P

jeff spahn

I like the Dave Ramsey advice. Put $50 a month in a mutual fund or an IRA of some sort. You'll be buying Ferraris and Bentleys when you retire with that money and have plenty left to burn. You can't . . .read this again. . . .CAN'T GET TIME BACK WHEN IT COMES TO COMPOUND INTEREST.
Pay cash, don't charge.
Drive it like you stole it . . . . . on the track, not the street. There are enough track days around to get your fill.

Again, PUT MONEY AWAY, EVEN $50 A MONTH!!!!!! You'll never, ever regret it.

RPetty2

thanks for the advice guys i have already put about 20$ a month and all my work money goes to my car or my bank account but thanks!!!

LUCKYJACKASS

Congrats on the new Shark! As others have said, be careful. I wrapped my 2nd car, an '83 Turbo Coupe Thunderbird, around a telephone pole acting stupid one Friday night, and am lucky I didn't kill myself (and am glad I had dropped my passengers off prior to the incident on a deserted country road). Don't make yourself into a LuckyJackass (or an unlucky one)! Welcome...