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Old 03-20-2016, 08:04 AM   #6
VGM911
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Join Date: Apr 2010
Location: New Jersey
Posts: 160
Yes, $6,100 may seem like a bargain, but consider this:

A cheap, old Porsche (with 135k miles) will require a lot of repairs/maintenance going forward, thereby adding significantly to your cost of ownership. Depreciation + repairs/maintenance + insurance = total cost of ownership. Fortunately, depreciation isn't so much of an issue with an older car (but repairs and maintenance are!)

A more expensive, newer Porsche (with much less mileage) will have less repairs/maintenance costs going forward (especially if there's warranty coverage), but the total cost of ownership will still be considerable because: Depreciation + repairs/maintenance + insurance = cost of ownership. And oh boy, the depreciation will be much higher!

No matter what the numbers say, however, the joy of owning/driving a Porsche is hard to put a price on. And that's why we buy them...they make us happy, eh?
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Last edited by VGM911; 03-20-2016 at 08:17 AM.
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