View Poll Results: How old are you? (GT3 owners only, please)
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How old are GT3 owners?
05-04-2005, 03:20 PM
#17
Burning Brakes
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How about those who bought on their parents funds? Should they average their parent’s age?
From my experience with the Porsche Financial Services, they are not used to dealing with less-than-30 crowds, unless of course you put down 30-50% of the car.
I have 762 FICO when I applied for a loan at PFS and I was asked to put down $40K on the GT3 or there will be no-go; period. Mind them that I have no major loan on my record, car, student or otherwise.
I assumed that everyone under 35 with the GT3 must be making six-figures or that the parents are or something else. Perhaps home equity loans since real-estate prices are insane.
I think I might just call my Dad! Then again, what joy would I have to “fly on a pair of borrowed wings”? Let me own a couple of business first… I’ll just have to be more realistic and stick to my M3’s… That’s life.
P.S. Meanwhile, $5 Quick Pick here and there...
From my experience with the Porsche Financial Services, they are not used to dealing with less-than-30 crowds, unless of course you put down 30-50% of the car.
I have 762 FICO when I applied for a loan at PFS and I was asked to put down $40K on the GT3 or there will be no-go; period. Mind them that I have no major loan on my record, car, student or otherwise.
I assumed that everyone under 35 with the GT3 must be making six-figures or that the parents are or something else. Perhaps home equity loans since real-estate prices are insane.
I think I might just call my Dad! Then again, what joy would I have to “fly on a pair of borrowed wings”? Let me own a couple of business first… I’ll just have to be more realistic and stick to my M3’s… That’s life.
P.S. Meanwhile, $5 Quick Pick here and there...
05-04-2005, 03:43 PM
#19
GT3 player par excellence
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home equityline may not be so hot as rates cont. to climb. Prime is now at 5.75, will be over 6 for sure by year end.
762 fico is great. but since you don't have track record of major loans, that may be where PFS is looking at. usually lenders look for FICO, debt/income ratio and track record.
now if my parents would spring for a CGT for me...... LOL.
762 fico is great. but since you don't have track record of major loans, that may be where PFS is looking at. usually lenders look for FICO, debt/income ratio and track record.
now if my parents would spring for a CGT for me...... LOL.
05-04-2005, 05:27 PM
#20
Burning Brakes
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Originally Posted by mooty
762 fico is great. but since you don't have track record of major loans, that may be where PFS is looking at. usually lenders look for FICO, debt/income ratio and track record.
Hey... all in due time...
P.S. However, as far as the BMW FS is concerned, I am in their elite catagory for financing. If only they booted Chris Bangle...
05-04-2005, 07:54 PM
#22
Racer
Join Date: Sep 2004
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Originally Posted by ///Mous3
How about those who bought on their parents funds? Should they average their parent’s age?
From my experience with the Porsche Financial Services, they are not used to dealing with less-than-30 crowds, unless of course you put down 30-50% of the car.
I have 762 FICO when I applied for a loan at PFS and I was asked to put down $40K on the GT3 or there will be no-go; period. Mind them that I have no major loan on my record, car, student or otherwise.
I assumed that everyone under 35 with the GT3 must be making six-figures or that the parents are or something else. Perhaps home equity loans since real-estate prices are insane.
I think I might just call my Dad! Then again, what joy would I have to “fly on a pair of borrowed wings”? Let me own a couple of business first… I’ll just have to be more realistic and stick to my M3’s… That’s life.
P.S. Meanwhile, $5 Quick Pick here and there...
From my experience with the Porsche Financial Services, they are not used to dealing with less-than-30 crowds, unless of course you put down 30-50% of the car.
I have 762 FICO when I applied for a loan at PFS and I was asked to put down $40K on the GT3 or there will be no-go; period. Mind them that I have no major loan on my record, car, student or otherwise.
I assumed that everyone under 35 with the GT3 must be making six-figures or that the parents are or something else. Perhaps home equity loans since real-estate prices are insane.
I think I might just call my Dad! Then again, what joy would I have to “fly on a pair of borrowed wings”? Let me own a couple of business first… I’ll just have to be more realistic and stick to my M3’s… That’s life.
P.S. Meanwhile, $5 Quick Pick here and there...
05-04-2005, 09:30 PM
#23
Burning Brakes
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Originally Posted by GT23
Well, it depends how far into the 6 figure range you make and how far under 35 you are! 
05-04-2005, 09:57 PM
#24
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Have a GT2 and a GT3 Cup - first Cup (993) at 35, first 996 Cup @ 39, GT2 @ 42. I voted in the 40's catagory!
JcM
JcM
05-04-2005, 10:56 PM
#25
Official Wednesday AM Red Bull F1 test driver
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First Porsdhe at 22 years old- still have it and my 56th birthday is tomorrow... had too many P-cars to list over the years but got the dream car last year, the GT3. Still young enough to enjoy it- hell, Paul Newman can still race competitively at 80 and a few years back a 75 year old won the national championship in Formula Atlantic class in SCCA- the FASTEST class in SCCA and racing against 19 year old hot shoes!!
05-04-2005, 11:40 PM
#26
GT3 player par excellence
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mous3, i see. you are definitley getting yourself ready ;-)
and fong, no, if they bought me a cgt back home, i'll be on the first fly out tonight. yeah, ever since graudation i slave on my own!
and fong, no, if they bought me a cgt back home, i'll be on the first fly out tonight. yeah, ever since graudation i slave on my own!
05-04-2005, 11:46 PM
#27
Burning Brakes
Originally Posted by mooty
and fong, no, if they bought me a cgt back home, i'll be on the first fly out tonight. yeah, ever since graudation i slave on my own!
I want mine too
05-05-2005, 01:07 AM
#30
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One difference between some of us "old guys" and the younger set is that I paid cash for my cars!! Been there, done that, and now enjoying the fruits of my labor. 