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Old 03-20-2023 | 12:22 AM
  #586  
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Originally Posted by shrimp money
A 51 month auto loan is 6%APR at my credit union. You already know you can park your money at any bank or credit union and yield over 4%. You could also buy treasury bills, etc.
Its not that easy...for most on here that interest income will be taxed at 37-45% or more (including federal and state where applicable).
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Old 03-20-2023 | 12:37 AM
  #587  
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That’s a high tax rate that I don’t think anyone actually pays because they have wizards for accountants. Every tool you use to arbitrage will have taxes here and there, but I’m just saying there are ways to get your effective rate down into a more tolerant level.

If it’s not worth your time to click a mouse button here and there, then you’re really not affected by high borrowing costs because you’re so rich.
Old 03-20-2023 | 01:33 AM
  #588  
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Originally Posted by shrimp money
That’s a high tax rate that I don’t think anyone actually pays because they have wizards for accountants. Every tool you use to arbitrage will have taxes here and there, but I’m just saying there are ways to get your effective rate down into a more tolerant level.
Maybe not effective rate but definitely marginal rate. There’s limited tax deductions if you’re a W2 earner and don’t want to risk an audit. Loopholes like syndicated easements are getting shut down with some regularity these days.

Last edited by Nein Eleven; 03-20-2023 at 01:35 AM.
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Old 03-20-2023 | 01:40 AM
  #589  
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Originally Posted by KenTO
In 2009 I had investment bankers on my hockey team begging me to buy their Porsches, I walked into a dealership and got a 911 Cab black edition for 25% off MRSP. The recent ADM and no discount is an anomaly in Porsche history. Not saying those deals that I had are going to happen, but one way I got rich was to be a contrarian. Takes patience and guts. Good luck to you all.
I had similar; bought my 2009 C2S manual at 25% off; it had been on the dealers floor for 8 months. Nobody wanted the manual either, they had 3 to choose from.
Old 03-20-2023 | 09:58 AM
  #590  
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Originally Posted by Nein Eleven
Name three ways to generate a guaranteed 5% return to net a 2% car loan. And I hope those people are careful where they are keeping their cash deposits these days.


Cayennes and Macans below the GTS level have been easy to get for almost a year now.
Not quite 5% - but I've seen HYSA as high as 4.65%.

You can also find plenty of dividend stocks over 5% that have never decreased their dividends with a long history.

It's not a guarantee - but artwork is also a damn near lock for 5%+
Old 03-20-2023 | 10:25 AM
  #591  
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Originally Posted by JCZ5
@GT3 You're just honest with yourself, which most people are not. People want the GT3 for the allure of something amazing. But as many reviewers have said, it rides very harsh. Gordon Murray, even said he was surprised Porsche was able to sell it at its current form. And Gordon is someone who is in tune with building the ultimate experiential car. In fact, I think a lot of people will be happy with the GTS and T.
Truth be told, a lot of folks would be happy with a Base Carrera and probably be unable to find the limits of that car.
Gordon Murray believes in everyday drivability on roads. It's also why his cars have actual ground clearance -- it's a touted feature of the T50.
Old 03-20-2023 | 11:20 AM
  #592  
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Originally Posted by detansinn
Truth be told, a lot of folks would be happy with a Base Carrera and probably be unable to find the limits of that car.
Gordon Murray believes in everyday drivability on roads. It's also why his cars have actual ground clearance -- it's a touted feature of the T50.
Yeah, and who would have thought that a C2 base Carrera would now be the unicorn allocation. At the moment it’s easier get a GTS and T build slot than a base (actually just about any trim is easier to get then a C2).
Old 03-20-2023 | 03:20 PM
  #593  
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Originally Posted by meyecul
Yeah, and who would have thought that a C2 base Carrera would now be the unicorn allocation. At the moment it’s easier get a GTS and T build slot than a base (actually just about any trim is easier to get then a C2).
They want to sell the more expensive models first. If they can only make so many, why not focus on the money? I don't see how that's surprising.
Old 03-20-2023 | 03:49 PM
  #594  
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Originally Posted by meyecul
Yeah, and who would have thought that a C2 base Carrera would now be the unicorn allocation. At the moment it’s easier get a GTS and T build slot than a base (actually just about any trim is easier to get then a C2).
I think there's actually less 992 C2 produced than there are 992 GT3.

But that's only one side of the equation.

Right or wrong, the demand for a GT3 far outstrips that for a C2.
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Old 03-20-2023 | 04:02 PM
  #595  
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Originally Posted by suffer
They want to sell the more expensive models first. If they can only make so many, why not focus on the money? I don't see how that's surprising.
Because historically C2 and C2S production would have outweighed the higher trims. Of course yes, in todays market the focus on the money not at all surprising. Just strange to think if I would have told someone 4 years ago that it will be easier to get a GTS, Targa, Turbo S etc. then a C2, they would have thought thats crazy talk. A new world for sure.
Old 03-20-2023 | 04:04 PM
  #596  
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Maybe that is why Porsche is all of a sudden pumping out so many Ts. Basically, the only "base" Porsche will make in order to still have that profit margin and not look like it is cranking out only GTS and up trims
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Old 03-20-2023 | 04:10 PM
  #597  
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Originally Posted by ipse dixit

Right or wrong, the demand for a GT3 far outstrips that for a C2.
Not so sure about that. While the demand for a GT product will always be well higher then GT production, it is still a niche market in the grand scheme. I would think far more potential "everyday" customers out there for a C2 or C2S on the budget side alone (not to mention characteristics) vs. a GT3.

Last edited by meyecul; 03-20-2023 at 04:13 PM.
Old 03-20-2023 | 04:14 PM
  #598  
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Originally Posted by JCZ5
Maybe that is why Porsche is all of a sudden pumping out so many Ts. Basically, the only "base" Porsche will make in order to still have that profit margin and not look like it is cranking out only GTS and up trims
Indeed, the T is taking up most of the C2 build slots now.
Old 03-20-2023 | 04:25 PM
  #599  
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Originally Posted by meyecul
Not so sure about that. While the demand for a GT product will always be well higher then GT production, it is still a niche market in the grand scheme. I would think far more potential "everyday" customers out there for a C2 or C2S on the budget side alone (not to mention characteristics) vs. a GT3.
The demand for a 911 outstrips a GT3 if you include all iterations of the 911, i.e., C2, C2S, C4, C4S, GTS (GTS4S) and all the Cabriolet variations of the former, Targa's, etc.

Yes, if you include only C2 then, the demand is probably on parity with the GT3.
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Old 03-20-2023 | 06:02 PM
  #600  
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Originally Posted by meyecul
Yeah, and who would have thought that a C2 base Carrera would now be the unicorn allocation. At the moment it’s easier get a GTS and T build slot than a base (actually just about any trim is easier to get then a C2).
This is why I "gave up" and went CPO for a C4. I couldn't get allocation and the situation was bleak for us "poor" buyers. There were ZERO C4 allocation in the USA last round. I get to stay on the list, so I can always spend more money later if I choose to.

At least it came with full PPF, so I got something for overpaying for a CPO.

That said, my own personal ADM as such, was a great decision, because I'm smiling just thinking this beast is sitting in my garage waiting for another run! Yes, I feel like the C2/C4 have enough power to be beasts in my mind. Good times!

Last edited by Shambler; 03-20-2023 at 06:03 PM. Reason: grammar


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