McLaren Success
12-21-2018, 02:36 PM
#2731
Burning Brakes
purchased locally though...
12-21-2018, 02:49 PM
#2733
Former professional baseball player. Has his own race team. Owns lots of cool cars that he drives on track. Shares his experiences and contributes to the forum in ways most cannot. Seems like a nice guy you’d want to have a beer with. Also owns multiple dealerships.
The word “respect” comes to mind. But that is my take. Not saying other guys aren’t horny for him. lol
The word “respect” comes to mind. But that is my take. Not saying other guys aren’t horny for him. lol
There, I said it
12-21-2018, 04:21 PM
#2734
forget the fact that the cost 720s were delivered in May of 2017- so an 18
month old car.
but I get it. Honda Accord owners expect to actually make money On their exotic cars if they can actually afford them.
12-21-2018, 04:34 PM
#2735
Race Director
12-21-2018, 05:34 PM
#2737
Race Director
12-21-2018, 05:59 PM
#2738
Originally Posted by Yippiekiaye
and in bizzaro world that equals to 100k a year loss in depreciation.
forget the fact that the cost 720s were delivered in May of 2017- so an 18
month old car.
but I get it. Honda Accord owners expect to actually make money On their exotic cars if they can actually afford them.
forget the fact that the cost 720s were delivered in May of 2017- so an 18
month old car.
but I get it. Honda Accord owners expect to actually make money On their exotic cars if they can actually afford them.
And ouch. You hit me so hard with Honda Accord. I'm gonna crawl back to my Honda hole now.
12-21-2018, 06:15 PM
#2739
Drifting
and in bizzaro world that equals to 100k a year loss in depreciation.
forget the fact that the cost 720s were delivered in May of 2017- so an 18
month old car.
but I get it. Honda Accord owners expect to actually make money On their exotic cars if they can actually afford them.
Why don’t you have an F1, P1, Senna? Out of your budget?
12-21-2018, 06:36 PM
#2740
12-21-2018, 08:48 PM
#2741
Burning Brakes
12-21-2018, 08:57 PM
#2743
Rennlist Member
I respectfully disagree CJ. Regarding future value and residuals, this is not an accurate comparison.
Everyone knows that Turbo S residuals given by PFS are artificially low. PFS understands the Turbo S buyer is not a payment buyer, so the residuals are set extremely low, which creates a monumental amount of equity at lease maturity. Perhaps it allows PFS to wash out some losses they incur on Panamera leases, but whatever the reason it does not accurately reflect the true value. If the lessee is paying attention, he'll trade the car at lease maturity rather than turn it in, and that huge equity becomes his.
Go to Cars.com - the REAL marketplace with real buyers and sellers. Do a nationwide search for 2016 911 Turbo S's - both coupes and cabs. As of today, there are 18 for sale. They range in price from $175k - $140k (with nearly 50k miles). Original MSRP would have ranged from ~$190K to ~$225K (approximate). Remember, these are 2016's. There are 2017's, 2018's and now 2019's are being delivered, so it accurately reflects many years of depreciation.
Nowhere near "under 50%" depreciation, even with an example having 50k miles.
McLaren ownership has proven to be the exact opposite in terms of depreciation. Buyers have been hammered -- for years, on almost all models.
On another note, if you're selling hats, you should have some made with, "When CJ speaks, Rennlist listens" per the poster above. I think you'd sell them like HOTCAKES to Rennlist guys! Never seen a forum of men so outwardly horny about another man in all my life.
Everyone knows that Turbo S residuals given by PFS are artificially low. PFS understands the Turbo S buyer is not a payment buyer, so the residuals are set extremely low, which creates a monumental amount of equity at lease maturity. Perhaps it allows PFS to wash out some losses they incur on Panamera leases, but whatever the reason it does not accurately reflect the true value. If the lessee is paying attention, he'll trade the car at lease maturity rather than turn it in, and that huge equity becomes his.
Go to Cars.com - the REAL marketplace with real buyers and sellers. Do a nationwide search for 2016 911 Turbo S's - both coupes and cabs. As of today, there are 18 for sale. They range in price from $175k - $140k (with nearly 50k miles). Original MSRP would have ranged from ~$190K to ~$225K (approximate). Remember, these are 2016's. There are 2017's, 2018's and now 2019's are being delivered, so it accurately reflects many years of depreciation.
Nowhere near "under 50%" depreciation, even with an example having 50k miles.
McLaren ownership has proven to be the exact opposite in terms of depreciation. Buyers have been hammered -- for years, on almost all models.
On another note, if you're selling hats, you should have some made with, "When CJ speaks, Rennlist listens" per the poster above. I think you'd sell them like HOTCAKES to Rennlist guys! Never seen a forum of men so outwardly horny about another man in all my life.
12-21-2018, 09:36 PM
#2744
Nordschleife Master
Was going to trade/sell my 2005 Ford GT recently for one but in the end what’s stopping me is I know I would be trading an appreciating asset for a depreciating asset. I would feel stupid and it would be an accurate feeling.
I like the 600LT but the Perf is the cats meow and I believe will retain value better than the Mac.
I dont chit money like some big ballers here. Work too hard for what I have. While I understand most cars depreciate I try to buy cars that depreciate less like Porsches. Cars don’t need to be expensive for me to love them. Some inexpensive cars by Rennlist standards provide me lots of enjoyment and have held their value exceptionally. My Boss 302LS and 987 Spyder are perfect examples
12-21-2018, 10:07 PM
#2745
Rennlist Member
I LOVE the Perf!!!!!
Was going to trade/sell my 2005 Ford GT recently for one but in the end what’s stopping me is I know I would be trading an appreciating asset for a depreciating asset. I would feel stupid and it would be an accurate feeling.
I like the 600LT but the Perf is the cats meow and I believe will retain value better than the Mac.
I dont chit money like some big ballers here. Work too hard for what I have. While I understand most cars depreciate I try to buy cars that depreciate less like Porsches. Cars don’t need to be expensive for me to love them. Some inexpensive cars by Rennlist standards provide me lots of enjoyment and have held their value exceptionally. My Boss 302LS and 987 Spyder are perfect examples