991 pricing is out of control right now
06-17-2021, 08:23 AM
#1186
Rennlist Member
People from California aren't flocking to Florida much, mostly Az and Texas. And pewople have been coming here from NY forever, and while taxes are a factor the main draw is the weather. In fact South Florida is often called the Sixth Borough. I hate that because I am from Philly and we hate NY.
As for "dumb *** ideas" its funny, they often forget that you have world class museums, theater, music and restaurants in NYC that you do not get here in Florida. To each his own I guess.
As for "dumb *** ideas" its funny, they often forget that you have world class museums, theater, music and restaurants in NYC that you do not get here in Florida. To each his own I guess.
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06-17-2021, 08:31 AM
#1187
Burning Brakes
Edit: I am even an art major (architecture) and cannot for the life of me understand the appeal to this modern nonsense.
Modern theatre is almost as bad. And I don’t know where in Florida you are going to restaurants but many of the top NYC chefs have moved to Florida after the covid nuttiness by NYC dictatorship….
Last edited by Schn3ll; 06-17-2021 at 08:34 AM.
06-17-2021, 11:35 AM
#1188
Three Wheelin'
leave authoritarian place; move to place with relative freedom; start voting for all the same moronic stuff that made the original place unlivable. idiots.
Last edited by jfischet; 06-17-2021 at 07:15 PM.
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06-17-2021, 02:23 PM
#1190
Oh but I bet its paid off.. paid in cash fully? going to keep it 10 years!
This jr. is doing just fine... rolling in a loaded 911 S without a job, a better job, or another job
My third 911...
I can lease vehicles significant discount rather than purchasing and avoid the full "new" sales taxes (use tax is wonderful - hence pay on use vs. paying tax on purchase all up front.)
It is great for flipping cars every three-four years etc.
Also, I have the option to purchase at a extremely favorable buyout.
The 911 is purchased because its a toy, and if I put it into the wall its on me.. can walk away from it, fix it etc.
Back on topic, expect 911 values continue to rise throughout the year like real-estate supply and demand in the economy.
This is all backed by rising inflation.
Last edited by snake eyes; 06-17-2021 at 02:30 PM.
06-17-2021, 02:32 PM
#1191
People from California aren't flocking to Florida much, mostly Az and Texas. And pewople have been coming here from NY forever, and while taxes are a factor the main draw is the weather. In fact South Florida is often called the Sixth Borough. I hate that because I am from Philly and we hate NY.
As for "dumb *** ideas" its funny, they often forget that you have world class museums, theater, music and restaurants in NYC that you do not get here in Florida. To each his own I guess.
As for "dumb *** ideas" its funny, they often forget that you have world class museums, theater, music and restaurants in NYC that you do not get here in Florida. To each his own I guess.
06-17-2021, 04:27 PM
#1192
06-17-2021, 04:57 PM
#1193
Originally Posted by flsupraguy
Hopefully they will let it ride and not go mega Reichlist on it..........
In other news I finally received confirmation from my insurance company that the agreed value of $115k is in full effect.
It's fun to watch prices rise but not for the underlying reasons (chip shortages and inflation). To that I'd add the strong MSRPs of new 911s, which further helps lift prices of preowned inventory.
As other have mused, we can sell high but will also have to cough up more for a replacement and I'm hard pressed to identify other cars that excite me at this point...
06-17-2021, 05:36 PM
#1194
Burning Brakes
It’s happened in my city of Atlanta. Looking at options as to where to move.
06-17-2021, 06:00 PM
#1195
Race Car
I'm certain that the Gestapo is qualifying the last 5 pages for deletion as we speak.
In other news I finally received confirmation from my insurance company that the agreed value of $115k is in full effect.
It's fun to watch prices rise but not for the underlying reasons (chip shortages and inflation). To that I'd add the strong MSRPs of new 911s, which further helps lift prices of preowned inventory.
As other have mused, we can sell high but will also have to cough up more for a replacement and I'm hard pressed to identify other cars that excite me at this point...
In other news I finally received confirmation from my insurance company that the agreed value of $115k is in full effect.
It's fun to watch prices rise but not for the underlying reasons (chip shortages and inflation). To that I'd add the strong MSRPs of new 911s, which further helps lift prices of preowned inventory.
As other have mused, we can sell high but will also have to cough up more for a replacement and I'm hard pressed to identify other cars that excite me at this point...
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06-17-2021, 06:05 PM
#1196
Rennlist Member
This is not accurate. In California, you basically pay tax on the car once whether you buy or lease it. When you lease a car, assuming you don't put a down payment (which you should never do on a lease), you are only taxed on the monthly lease payments. If your car get totaled after 1 month, you have only paid sales tax on that one single monthly payment. If you have a 36 month lease and you pay your lease payments each month, you are taxed only for the 36 monthly payments. Say after 36 months, the residual is 60%. You have basically paid sales tax on the 40% of the car that you paid for via the 36 lease payments. If you turn the lease back in, you NEVER pay the remaining sales tax on the 60% residual.
On the other hand, if after 36 months, you decide to buy out the lease, you pay sales tax on the residual buy out, i.e. you pay Porsche 60% for the buyout and California taxes you for the 60% buy out. In the end, you've only paid sales tax one time on the car (sales tax paid monthly on the 40% of the car that was paid via the 36 month lease and sales tax on the 60% residual when you bought out the lease). This is exactly the same amount of sales tax you would incur if you purchased the car, except leassors are smart because they did not have to pony up the entire sales tax on 100% of the car up front or finance a loan that included 100% of the sales tax which could never be recouped when you sell the car.
On the other hand, if after 36 months, you decide to buy out the lease, you pay sales tax on the residual buy out, i.e. you pay Porsche 60% for the buyout and California taxes you for the 60% buy out. In the end, you've only paid sales tax one time on the car (sales tax paid monthly on the 40% of the car that was paid via the 36 month lease and sales tax on the 60% residual when you bought out the lease). This is exactly the same amount of sales tax you would incur if you purchased the car, except leassors are smart because they did not have to pony up the entire sales tax on 100% of the car up front or finance a loan that included 100% of the sales tax which could never be recouped when you sell the car.
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lol
06-17-2021, 06:34 PM
#1199
Sort of good for the local economy, but the quality of human is questionable at best... Have you heard of Melrose district (LGBT)? It's blowing up. I don't have a problem with that group, but the entitlement spewing out of them is insane... Yes, I deal with people... Also, that light rail they keep expanding AKA the Bum Express isn't a good thing... 100's of millions for transporting homeless, crackheads, and criminals but our water supply is full of carcinogens. What a shame.
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06-17-2021, 06:53 PM
#1200
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