Triathlonkid

In considering rising inflation, current interest rates and your individual flavor for risk, how would you smart people buy a $150-160k 992 S or GTS? Pay all in cash? Finance? Lease? (assuming all are equally viable options from a financial perspective).

Downside of cash pay is all capital goes in at once (but you are done, it's a toy after all and not a life necessity, and some would argue don't buy it unless you can buy it in cash)
vs.
Finance- you can leverage some capital for other use, and while interest rates aren't as low as last year, inflation continues to rise and theoretically you'd be paying back with depreciated dollars.
I presume I will "lose" $10k+ in interest, and would need to make up for it by investing that capital which is not always a sure thing. The rising inflation variable is what makes this option somewhat appealing to me but I don't have enough understanding of economics to know whether that's just theory or practical.

Gr33n

"All capital goes in at once" - if that's all your capital, a 911 seems like a pretty frivolous purchase! Seriously though, cash should be the only answer as debt sucks and 911s retain value/appreciate.

Triathlonkid

Sorry poor phrasing- the entire capital of the purchasing price goes in at once.

-TFK-

A 60% down payment and the rest financed that what I did

detansinn

There's a massive thread on this topic from last year...
https://rennlist.com/forums/992/1265...h-finance.html

PBoxS986

All cash - own your toys, don’t let your toys own you. Your Porsche will probably be a better investment than placing your capital in the stock market.

Ray K.

Effectively my plan with my trade.

Jimmy-D

There is not a right answer. It is all a personal choice.

I lease all my other DD vehicles but pay for my toys in cash. If I total her I want to receive a check not write a check

CanadianRoger

Toys = Cash
Appliance/DD = Can finance

You will find "normal" cars have better rates for financing typically anyways (chevrolet in canada still offers sub 3% on 2022 models, porsche I believe is 4.5%).

Bluehighways

I have always paid cash for my toys and a Porsche 911, for me, is a toy.

Staffie Guy

I plan on paying cash for my C2S. At this later stage of my life I'll pay for convenience, and the spread that I may or may not make with the cash isn't worth it to me.

detansinn

I made good use of the "free" money when interest rates were around 2% or less. In the current environment, I've been spending cash.

Budman1

Well said!

TR772

30K down and a finance for as many years as they will allow you.

Triathlonkid

​​​​​​​Yes thanks! I searched all prior posts before posting. Mainly asking now due to persistent changes in inflation, and with interests rising more than 2021. I'm not a finance guy so while financing seemed like a great option last year, I wasn't sure if the smart folks would recommend it in current times.