prices on CGT?
12-07-2018, 11:44 AM
#286
Drifting
CGT well maintained ages extremely well and with the factory restore program - I no longer have any desire to own a 2nd.
12-07-2018, 12:23 PM
#287
Rennlist Member
Originally Posted by nuvolari612
Seems like owners trade up for a for lower mileage CGT or special color - which makes no sense as a CGT not driven / well maintained rots from the inside.
CGT well maintained ages extremely well and with the factory restore program - I no longer have any desire to own a 2nd.
CGT well maintained ages extremely well and with the factory restore program - I no longer have any desire to own a 2nd.
12-07-2018, 12:52 PM
#288
Drifting
Porsche restoration program is a breath of fresh air for the CGT - we all know it's the best drivers car.
To turn back time to 2005 - don't see how it gets any better regardless of what someone compares it with.
12-08-2018, 06:06 AM
#290
Burning Brakes
12-09-2018, 10:22 AM
#292
Rennlist Member
I really wish it cost 3500/yr to own a GT. If so, I maybe i would own more than one.
Absolute lowest you are going to see on a quality insurance policy is 0.5% of value. Even if it's a 650k CGT, you are at your 3500/yr number already. Low cost storage is 250/mo.
Storage and maintenance on absolute low side of reality is double your quote and that's not including a dime of maintenance for one of the most expensive-to-maintain Porsche ever made.
Averaging out a major even every 6yrs?, some minimal annual and some more realistic storage/insurance estimates, it's easily 15k/yr to carry a CGT without including any cost-of-money tied up in a 6-700k car. But it's easily 15k/yr real out-of-pocket expenses regardless.
And we've been in the longest running asset appreciation, cheap capital environment in history of mankind.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
Absolute lowest you are going to see on a quality insurance policy is 0.5% of value. Even if it's a 650k CGT, you are at your 3500/yr number already. Low cost storage is 250/mo.
Storage and maintenance on absolute low side of reality is double your quote and that's not including a dime of maintenance for one of the most expensive-to-maintain Porsche ever made.
Averaging out a major even every 6yrs?, some minimal annual and some more realistic storage/insurance estimates, it's easily 15k/yr to carry a CGT without including any cost-of-money tied up in a 6-700k car. But it's easily 15k/yr real out-of-pocket expenses regardless.
And we've been in the longest running asset appreciation, cheap capital environment in history of mankind.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
12-09-2018, 12:01 PM
#293
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
^ whew, thanx for talking me off the deep end.
12-09-2018, 10:11 PM
#294
Racer
Which makes ownership for those of us waiting on the sidelines more of a reality. A car like this should not be an investment. I like that it’s a bit of a hassle and upkeep, well worth it for the enthusiasts and a scare for the speculators
12-09-2018, 11:24 PM
#295
Drifting
I really wish it cost 3500/yr to own a GT. If so, I maybe i would own more than one.
Absolute lowest you are going to see on a quality insurance policy is 0.5% of value. Even if it's a 650k CGT, you are at your 3500/yr number already. Low cost storage is 250/mo.
Storage and maintenance on absolute low side of reality is double your quote and that's not including a dime of maintenance for one of the most expensive-to-maintain Porsche ever made.
Averaging out a major even every 6yrs?, some minimal annual and some more realistic storage/insurance estimates, it's easily 15k/yr to carry a CGT without including any cost-of-money tied up in a 6-700k car. But it's easily 15k/yr real out-of-pocket expenses regardless.
And we've been in the longest running asset appreciation, cheap capital environment in history of mankind.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
Absolute lowest you are going to see on a quality insurance policy is 0.5% of value. Even if it's a 650k CGT, you are at your 3500/yr number already. Low cost storage is 250/mo.
Storage and maintenance on absolute low side of reality is double your quote and that's not including a dime of maintenance for one of the most expensive-to-maintain Porsche ever made.
Averaging out a major even every 6yrs?, some minimal annual and some more realistic storage/insurance estimates, it's easily 15k/yr to carry a CGT without including any cost-of-money tied up in a 6-700k car. But it's easily 15k/yr real out-of-pocket expenses regardless.
And we've been in the longest running asset appreciation, cheap capital environment in history of mankind.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
It's the cheapest hobby a married man can have - regardless of yearly costs.
12-10-2018, 07:41 AM
#297
Burning Brakes
12-10-2018, 07:18 PM
#298
And we've been in the longest running asset appreciation, cheap capital environment in history of mankind.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
Going forward, you need to own these things because you love them. There's zero economic justification to own them; only "returns" you'll see are grins and stress release.
12-14-2018, 03:07 AM
#300
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
the only way to make sense of owning it is to drive the living day out out of it