So you consider having more money a downgrade??

Real nice entry into the 996 Turbo discussion forum (??). You post an odd thread title, attempt to justify your title by using diametrically opposed statements, and then disparage those who point this out to you.

 

He's also makes making payments on the 997.2, I can't see many banks carrying a loan on a 14 year old car.

997.2's aren't much of a price diff, when you get into clean 996 turbo territory.

 

Lighten up on the Op a bit...


I get where he's coming from and he's trying to have a fun dialog. Go for it OP. Have fun and pocked a few $$$. Let us know how your exercise turns out and all the best to you.

 

The initial acquisition cost of a 6TT is the cheap part. If you intend to "track the hell out of" a 6TT, to do it right, be prepared to put $20k into it as a good baseline to start with if its stock. Budget about $500 per hour operating costs including engine / gearbox reserves. With proper maintenance they are very reliable cars.

 

You may or may not be able to find a good one for $40k.

I'd say that the cars are priced fairly similarily.

But for Gods sake, don't finance a track car

 

"trackin the hell out of it" with a car one is making payments on seems to be a questionable endeavor. will this car also serve as a daily driver?


if so you are putting quite a few eggs in one basket....

 

No, I own my daily. The whole purpose of this is to get into a fun toy and its nice to save that 10k or so. I understand porsche track costs are big, believe me. Just looking for your experiences for anyone who kind of thinks like I do about it. Im wondering how much getting a gt2 feeling car will run me.

As for financing a track car, or anything for that matter: If you are financing for 2% but you are making 6%+ in investments, much smarter to use your cash elsewhere. No need to own the car outright unless there is a delta that is bad for you in interest rate....

 

it's more about still making payments on a car that you're selling bits and pieces of trim off of for $20, and whatever else you can salvage off it after putting it into the wall.

 

Versus putting all that cash into it up front and losing all of it when you crash? lol. If you can finance at a lower interest rate than your cash is making invested, it makes financial sense.

Obviously, it's not for everyone. If you can't handle the psychological issue of crashing your car and making payments on a hunk of metal, that is fair. But finance wise, even if you paid pure cash up front, you lost ALL of it when it crashed.

 

No, you ARE rude and clueless . Quotations does not signify sarcasm, lots of clearer ways to do that. Calling you that doesn't make me "soft" as I would say that to you in person. I know you don't have the stones for that.

 

You are soft, and I'd say that to your face. They are just cars, and you are trying to defend the honor of a 996T forum with like 50 viewers at any given time, against a sensitively perceived micro-aggression of a thread title. Can you just get out of this thread with your hurt feelings?

No stones eh? If you would like my address send me a PM. I would post it here but I think it's against policy. (maybe not, IDK).

Anyways, back on topic: to others yes I refinanced this 997 to re-deploy that money into investments and I intend to continue that with the 996T. Repairs aren't a deal breaker cash wise (obviously I like to know about them, though). I just wanted open discussion and ideas about people transitioning from the 9a1 motors to these 996's. I feel like there are going to be alot of similar parts I have tools to work on for other parts of the car on basic consumables. Anyone have input on that?

 

so, let's see if ive got this right. you have a heavy portfolio with your stacks of money working for you. well played sir!! though on the other hand you are considering downgrading for a mere $10K delta? am I missing something here?


go buy a used race car and recognize all your potential on the track. used race cars are pennies on the dollar. I know, selling mine for just that...

 

I didn't say I have a heavy portfolio, I said I have the money to pay off the debt on the 997, I just prefer to keep it in investments since bank money for cars is so cheap.

The 10k delta is the cherry on top. It's part of why I am doing it. I will buy a race-car when I am fully dedicated to racing. Don't have the time and don't want to spend that cash now. This will be a weekend, sometimes drive to work (when traffic is ok), and take to track car.

So after all of this sage financial advise anyone want to talk about the 996t?

 

who and what reasons that make sense for any of the majority in a porsche turbo forum will/do understand the need/desire for 10k$ or for financing a porsche with 80-100k miles on it.

i'll stop right there, this whole thread and whatever thinking(?!) that motivates it seems ill conceived, at best.

whew.

 

Alright, it's obvious those that had useful input on the 996T have come and gone.

The rest of you can discuss the virtue of putting cash into a disposable item when you could finance it essentially for free.

I will leave your 996T forum in peace.