johnireland

I'll put this in the 996 and 997 forums as well.

How many of you prefer to lease your Porsche and then every 3 or so years jump into something new?

How many look for "that car" and when you find it you buy with the idea of keeping it "forever" or at least a long long time?

LexVan

I live debt free. My Porsches are toys. I keep for a long time. Forever, maybe, maybe not.

fast1

Leasing a car is the most expensive option, but it has its adherents for a variety of reasons. I've been buying 911s since 1970. I typically keep them anywhere from six to eight years, and sell them privately. This is the least expensive way of enjoying the Porsche experience.
Porsches are built extremely well, hold their value especially if you maintain the car conscientiously and keep your maintenance records, and even after seven years they are still fun to drive. Of course if you have to have the latest innovation or design enhancement, this option won't work for you.

Alan Smithee

Both.

Been leasing recently - easy to have the business pay for it - but still looking for "that car" - if I fall in love with something, I will buy it at term end.

Key Left

Leasing doesn't work if you really plan to drive it due to the mileage penalties that kick in. If you are just going to look at and have another vehicle to depend on then by all means lease and let finance company enjoy the ownership experience.

Scorponok

I normally buy all my cars but according to Dwayne Johnson in Ballers:
"If it drives, flies, floats or f*cks - lease it!"

Asquared

I keep my cars for a long time and given that I prefer naturally-aspirated manual transmissions, I think I'm out of the new Porsche market for the foreseeable future.

Archimedes

Buy and hold. I recently bought what I expect will be the last three cars I buy in this lifetime. Unless they are destroyed or stolen, I don't think I'll ever be in the market for a car again.

coxswain

+1

coxswain

This character in Ballers is penniless and quite destitute. At one scene, his empty bank account shows. So, I wouldn't listen to his financial advice; I would actually do the opposite of whatever he says. He may have some success in his dealings later in the drama, though.

TrappistMonk

If I can't pay cash for it, I can't afford it. Buy!

Lawsofpower

.31¢/mile. If you go 5000 miles over that's still only $1550 penalty.

Lawsofpower

That's a very romantic view but, I'm not writing a $900k check for my house.

TrappistMonk

I thought we were talking about cars, but I agree with your statement, I also do not buy a house cash. I move to much, I rent

Larry Cable

I bought (financed) my GT3 and I am leasing my GTS, which I might flip at the lease end or simply buy it.