A place to discuss all things ADM
09-02-2022, 03:21 PM
#2161
Rennlist Member
09-02-2022, 03:30 PM
#2162
RL Community Team
Rennlist Member
Rennlist Member
There reason there aren’t more high mileage Ferraris, Mclaren’s and lambos is not that these cars can’t be driven hard. It’s cause the owners (especially ferrari owners) have other equally cool cars in their garage, like McLarens, Porsches, Lambo and even high-end bespoke cars like Pagani's and Koenigeggs. So it's hard to drive all of them ... all the time.
I own multiple cars- mclaren, Ferrari and Porsche currently. I can see the pros and cons of each. For the life of me I can’t see paying 400k for an RS when I can get a Pista, 296, 720, 765 in a similar price range.
I own multiple cars- mclaren, Ferrari and Porsche currently. I can see the pros and cons of each. For the life of me I can’t see paying 400k for an RS when I can get a Pista, 296, 720, 765 in a similar price range.
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AlexCeres (09-03-2022)
09-02-2022, 03:33 PM
#2163
If you paid $150k or $200k ADM for your Touring then you are dumb but I doubt you paid that high of an ADM. I've also paid an ADM once in my life and never again, felt dirty afterwards and of course lost money on the car. haha
09-02-2022, 03:36 PM
#2164
09-02-2022, 03:47 PM
#2165
lawfully not paying taxes unnecessarily. If you’re selling appreciated assets to generate cash to avoid borrowing, you’re probably not very good at math.
everybody’s circumstance is different, but the “only cash” crowd is largely people who just aren’t wealthy enough to be concerned about significant tax liabilities.
everybody’s circumstance is different, but the “only cash” crowd is largely people who just aren’t wealthy enough to be concerned about significant tax liabilities.
09-02-2022, 03:56 PM
#2166
Rennlist Member
Did this adm help for future cars? I fkn hope so. Cuz even tho I added a little Porsche kool aid to my smoothie this morning, I fully get why some on here are over the brand cuz of the games the dealers are playing. I have to get involved in the game myself and experience it first hand to know.
Amazing product sh**y buying process. I let that be known on the multiple surveys I’ve received.
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09-02-2022, 04:01 PM
#2168
Burning Brakes
so now we are giving money away rather than buying a new Porsche? this begs the question why don't you forget about sports cars and give all that money away yourself to people other than yourself and your family? You are just annoyed that you can't buy a new GT3-RS at $250,000 msrp? and your jealous of the guys that are willing to buy one at the market price and somehow it is these other guys fault that you can't buy one for the going price emotionally or financially?
09-02-2022, 04:21 PM
#2169
lolz. This is exactly what I think of the folks telling everyone else that if they can’t pay all cash they shouldn’t be buying. You challenged folks to come up with a better investment than cash, and you got what you asked for. But by all means, be sore about it.
09-02-2022, 04:41 PM
#2170
that’s complicated, but generally people buying cars in the < $400k range are a lot more diverse in circumstance, and a lot more aggressive in their investment positioning. A lot of people are making very high incomes early-mid in their careers. They aren’t wealthy yet, but if they don’t **** up, they will be in 20 years. We’re talking Porsches here, not Koenigsegg. If your point is only people with > $100M can buy Porsches, than that’s just as ****ing absurd.
09-02-2022, 05:52 PM
#2171
that’s complicated, but generally people buying cars in the < $400k range are a lot more diverse in circumstance, and a lot more aggressive in their investment positioning. A lot of people are making very high incomes early-mid in their careers. They aren’t wealthy yet, but if they don’t **** up, they will be in 20 years. We’re talking Porsches here, not Koenigsegg. If your point is only people with > $100M can buy Porsches, than that’s just as ****ing absurd.
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AlexCeres (09-02-2022)
09-02-2022, 06:10 PM
#2172
+1. Lots of HENRY's (such as myself) can afford GT3 (or even a GT3RS) and but don't have $250-500K laying around to pay cash. Not with two kids, a stay-at-home wife and private school. Not if we want to stay married. Koenigseggs and Bugattis are for the hedge fund/$100M+ crowd, the .01%. I saw a video where a guy got the finance numbers on a Bugatti and it was like $40K/mo. I suppose if you're pulling down $3M-$5M after taxes that's doable (perhaps logical?) but otherwise how can you justify it?
there are people that look at a 300k Porsche and wonder how you can justify it.
You cannot justify any of it. It’s all play money at every level.
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09-02-2022, 06:56 PM
#2173
RL Community Team
Rennlist Member
Rennlist Member
Lots of flexing.
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09-02-2022, 09:16 PM
#2175
I was asking why not paying cash can mitigate loss and rationale to take a loan as a financial decision. You jumped in shouting why you did not have cash but are wealthier than most. Nobody cares a fxxx if you are rich or poor. Your sensitivity and defensiveness is a phenomenon.