LOL, the reason i am on rennlist so much is that i needed to remind myself that the rest of the rennlisters are so wacky and insane, that anything i do pales in comparison and utterly "normal".

 

werd brotha. monthly payments suck but writing a big focking check perhaps sucks more.

I paid cash for my 997S, my GT3, C4S, and C2. I think I'm done with that, as my buying habits dictate leasing. . . but damn, getting locked in for 3 years is a LOOOOOOONG time.

I'm married and can't rotate wimmen, so cars iz my vice.

 

Careful FMJ - not sure they take kindly to that kind of language here ;-)

 

LOL, wassup Ron? You gotta get a Porsche, they are sooooo addicting. You, me, cos, can take this forum down to new levels.

 

Chris, I'll hit you up in PM. I'm in the same situation and have a question for you.

 

i did that before, now i dont.
the sales tax is staggering when you are as confused as me. i once sold a car i owned for 2 weeks.

you have to try harder
you visit aisa much? call up fongster, he will set you up.

 

Fraydo's got a little "Manila" in him...he just has to embrace it.

 

Totally with you. There is something morbid about it.

As to leasing, I still see the fees for early termination (I mean, who the hell keeps a car for 2 or 3 yrs) make up virtually all you think you are saving.

FWIW, I believe Henry Ford said not to pay interest on a depreciating asset. Anything you buy or lease ties up money...

 

For those of us who are not cash cows we must stoop to leasing.

 

Not many "cows" of any variety on this board. Maybe cash Bulls...

Anyway,since I don't plan on selling the RS to anyone anytime soon, and since I expect the value to be retained I'll have to look carefully at a lease for that one. I expect no more than a few tohusand miles/yr so we'll just have to see what the deal is.

As I have said, unless they really weenie up the RS I expect it to hold value better than any recent Porsche.

 

You guys really got me thinking about leasing. Especially with all this "who keeps the same car for more than 2 weeks" talk.

Man, just when I thought I had it all figured out.

 

I agree w/Allegretto. I never really considered a lease but if residual is right I'm going to lease 36, maybe 39 mo. and pay cash at the end if I want to keep it. I will crunch the ###'s when I have them. I truly hate payments and I may consider cash buy if I don't lease. I think it will be safe to speculate on depreciation(if any) once we know what kind of RS they'll give us.

 

If everyone did that, the US economy would collapse.

 

But what is "the thing" worth when you own it. Presumably the difference s 24 more payments plus the $15k deposit, so around. $60,000 more. Is the car still worth that much after 5 years. I think that may be the magic question.

Also, since I am about to get a GT3, I'd love some expert opinion. Over here in the UK, 2004 GT3s are around $60,000 but for $75,000 I can jump 3 years and one generation forward. I had assumed the 996 was holding value better but I saw the comment about the 996 GT3 depreciation issue, so now I'm not sure. I have around $75,000 to play with, but would like to get $40-45,000 back after 4 or 5 years, so some depreciation is acceptable, but I want to make the smart call. So, late 996 or early 997. Opinions please.

Many thanks, NIck

 

I'd be curious to hear your stories on early lease break. I thought that they were prohibitive, no ?