fast1

Maryland use to double dip, buy they ended that practice when they increased the sales tax. I fully expect them to eliminate this exclusion in a few years.

Flying_Dutchman

finance for most recent car (991 CS cabriolet); interest rate exceptionally good - used the cash to pay off part of the mortgage on the house instead.....

Zohan

you are in Dubai? is 911 in Dubai like KIA in US?

interest rate? thoght muslims cant charge interest? and you get $ at 0%

EMpunker

Leased.

It's my daily driver and I will get rid of it within 24 months/30k miles.

IXLR8

Cash for everything including both my 911s. Not bad for a tech.

Why? I hate banks and insurance companies.

jp884

Same here, I hate to give money to the bank if I don't have to. Would prefer they give me money instead.

vipertom 1970

Cash for my first Porsche 991.2 Targa 4GTS but took ten years to get there.

RONGLOS

Cash. I hate debt.

alex_c

I would not pay cash for something I can finance at a lower rate than what I can get out of investing that money.

It just makes no sense paying $100K+ cash when I can finance it at 1.74%, and at the same time I can put that money in a CD at 2.4%. And that is JUST a CD. Investing in a good fund would yield way more than that.

Heck, if I can buy something that has a 0% for any number of months, I take that every time, knowing that I would have the cash at the end of the term to pay it off and then some extra from interest.

Psorcery

Smart man.

BSO

If you can afford to pay cash then you can buy, do what personally makes sense, lease/finance/cash. As much as owning a Porsche makes sense.

2010panny4S

Cash Finance, I went through my bank I believe it was 3%, They gave me a check for the cost of the car and used that to buy the 991.1S. Porsche was like, what offer did you get, We will try to beat that. The minute I told them the pct rate, they were like oh yeah take that one..

jp884

Where are people getting these rates of 1.74% on a purchase of $100K and more? I have a credit score in the 800's, little debt, no credit card debt and I get mailers for credit card companies gloating about an interest rate of 10%? Of course I laugh at it while I'm ripping it up. But I can't imagine that a standard car loan would be less than 4% in today's market. But I guess that I would not know.

Arxigos

Finance w/20% down. Actually surprised I could afford my 1st Pcar, wasn't expecting to own one until my mid life crisis lol

Thinc2

While I recognize the wisdom in this, I still paid cash because I just dislike debt. And even if I my investment gets a 1.5% better return on the $100K, vs financing (say 1.74% vs 3.25% investment return) after paying taxes on the gains it's around $1K savings per year - just not worth the hassle at that point... I'd rather not carry the debt. But I'm not a sophisticated investor, so I keep things relatively simple. If I was even moderately sophisticated, I'd at least have bought used, rather than new...