Took the Boxster out for date Saturday

[blinkwatt]

Ha,you think I plan on keeping the Raley's job at $9 a hour? Im currently doing my real estate training as we speek. eBay makes me alot more then alot of you guys would expect. Who said I was "sponging" off my parents to have a Porsche? I know that paying rent is stupid if you dont have to because I have already lived on my own before. When you buy a house you may see the money again someday,where as in the case of paying rent you NEVER see the money again. Did you guys ever consider that maybe I do certain things like stay in school,maintain the house,watch siblings, and pick up brothers and sisters to stay in the house? It not like I live at home and do nothing.

[TriGem2k]

To say someone is rich or successful because of the things you see they own is stupid I’m sorry. Anyone today can buy whatever they want with the money they don’t have. I’m not trying to take anything away from anyone, but you see too many people drive cars they have no business in. How many people do you know that can walk into a car dealership and buy a 50K car cash with no strings attached? Probably very few. There was a poll not to long back that showed majority owners on this forum own second hand Boxsters, but how many can really afford a brand new one without payments?

The world offers too many ways for you get screwed; they come in for from of Loans, Leases, & Financing

[ralegen]

Originally Posted by TriGem2k

To say someone is rich or successful because of the things you see they own is stupid I’m sorry. Anyone today can buy whatever they want with the money they don’t have.

Here here. I couldn't agree with you more.

Personally, I've had many opportunities to get into a great money making opportunity, but I didn't choose those routes because of my opinion on making money.

There are those who want to make money really bad, and those who let the money come to them. For example, lets compare a sales person to a doctor. The salesman may have to persuade his/her clients on a daily basis to make ends meet or reach his or her dream goal. However, the doctor, who has gone through tremendous study, sits back and answers questions while people pay him for his time.

MONEY <---------------------------------------- SALESMAN

MONEY -------Goes this way --------> DOCTOR


Anyone see what I'm saying? In the end, the victor, in my opinion, is the doctor (or anyone with a wealth of knowledge). Though, it's probably just all based on how you look at it. I'd rather hit the books than scurry towards the pot of gold.

[TriGem2k]

Originally Posted by ralegen

Here here. I couldn't agree with you more.

Personally, I've had many opportunities to get into a great money making opportunity, but I didn't choose those routes because of my opinion on making money.

There are those who want to make money really bad, and those who let the money come to them. For example, lets compare a sales person to a doctor. The salesman may have to persuade his/her clients on a daily basis to make ends meet or reach his or her dream goal. However, the doctor, who has gone through tremendous study, sits back and answers questions while people pay him for his time.

MONEY <---------------------------------------- SALESMAN

MONEY -------Goes this way --------> DOCTOR


Anyone see what I'm saying? In the end, the victor, in my opinion, is the doctor (or anyone with a wealth of knowledge). Though, it's probably just all based on how you look at it. I'd rather hit the books than scurry towards the pot of gold.

I agree with you to some degree...I opted out of college at 19 to pursue a career in real investments. I took 400k in which was saved for me by my parents for college and invested it in real estate rather than education. I would have been the first MALE in my family to go to college but decided not to. I come from a of business men who have taken a similar path to mine and have been very very successful. The knowledge i obtained from just countless hours in my dads office was more than i could have learned in the class room (on the same topic of course). I would have ended up in the same situation with or without college only difference would have been i would have had all 400k to invest.

Today between my father and I there is about 200+ million dollars worth of real estate in California that we own. You tell me what would you have done???

[986Jim]

I'm not sure what all the haters are moaning about. Probablly that they waited 30 years to get this car, and he has it at 18. It doesn't matter how he got it or how much he paid. His ass is sittin in the same leather we are and he's 18, so props to you dude.

BTW I'm only 29 and I'll have a 996 or 997 in less than 5 years time, and I own a house and other toys. So what does that proove? Absolutly nothing. I'm as much of a dumb ass as the next guy.

[TriGem2k]

Originally Posted by 986Jim

I'm not sure what all the haters are moaning about. Probablly that they waited 30 years to get this car, and he has it at 18. It doesn't matter how he got it or how much he paid. His ass is sittin in the same leather we are and he's 18, so props to you dude.

Jim im in the same age group as Blinkwatt....Ill be 20 in 6days....

[mach schnell]

Ill just throw in - don't go to medical school because you think you're gonna make it rich!!!! If someone fronts the bill for your education, you're off to a better start than most! The good ole days of medicine (70's and 80's) are long gone - the decades when being a doctor was a really respective thing in society and a very very lucrative career choice. - now, HMO's are cashing in big time and our reimbursements are getting smaller. Surgeons still make a good a living (money wise) but sacrifice a lot by still working 80+ hours a week (an assumed thing when you're a resident in training, but you hope to achieve a little more liveable schedule when you're an attending).

I tell everyone, who makes the joke about me being loaded - there are a million things I could have done a lot faster and easier if it were about the money. Play doctor cuz it's in your heart, make the $$$$ another way. In my case, hopefully the medical sci-fi novel I'm writing (maybe a future screenplay???- hey it worked for Michael Crichton - wrote his first book, Andromeda Strain while he was third year med student. I started mine during 2nd year)

I'll add, because I'm not done with all my training yet, I get lots a looks and comments because I own a new Porsche.

[ralegen]

Trigemk, that's very impressive; good for you dude.

Going back to the title of this thread, the one thing I did want to mention was the first couple days when I bought this car. The first night, I went over to my buddy's house party, and I ended up with two women in my passenger seat for a quick ride. I drove around the neighborhood (within small streets) topping out at around 23mph because the "seat" is obviously not meant for 2 ppl.

Another time, I took my other girlfriend out. She was very impressed and excited. LOL. It turns out that she ended up telling everyone that I had a Ferrari. We all know how gossip can get around with girls, so at 26, I have been fortunate to be well-known as the Ferrari owner all throughout my friends.

[TriGem2k]

Originally Posted by dbth

But it does not hurt to be rich or successful....

Yes true...and everyone has their own definition of rich and successful

[MNBoxster]

Hi,

Everyone finds their own way in Life, and that's the way it should be. If living with one's parents is palatable to both you and your parents, no one else should really have an opinion on the subject. They may/may have chosen differently, but that's their choice to make. Good Luck!...

Happy Motoring!... Jim'99

[drburton]

You can always do what I did, marry a doctor

[TriGem2k]

Originally Posted by drburton

You can always do what I did, marry a doctor

Is it wrong to wait for my $200million+ inheritance in real estate?

[pinoyfiend]

here's a simple solution everyone can do.
gather investors, everyone knows someone with extra money. this is how you see infomercials say " buy a house without using your own money!"
buy a foreclosed home from the city/county clerk. These auctions happen once a month. Sell it. You can easily make 100% profit 50% MINIMUM. I do this once/twice a year just to suppot my bi-annual car purchase habit. It is a lot easier than you think. Everyone should do this. This is part time as I still keep my full time job. Past purchases since I started in 2001.

2001 - 2001 MBZ e320 4matic
2003 - 2003 Acura NSX
2005 - 1999 Supercharged Boxster
12/2005 - 2.5 Carat Engagement ring.

I know you car guys are gonna kill me but, the RING was the best purchase!
(Before the hate responses start coming, I CAN'T afford a F430, F360 sorry to say will be in SILVER, the NSX is already red, . Jealous Fiance making me sell the 986, found out truth was because x-girlfriend used to borrow it.)

[tqtran]

Originally Posted by dbth

However , to have a Modena by 30 , you will need , rich relatives , a career or a lucrative patent or business.

So you think within the next 12 years he plans to live at home and not pursue a career?
To me it sounds as though his lifestyle of "paygo" is a smart one for someone his age. I would wager to guess that he will more than likely attain his goal of getting a Modena by 30 but will probably pass on it and move up to something else.
Also, did you consider that in 12 years a Modena will have depreciated greatly? Think of a 12 year old Ferrari now, like a 348. You can get them for the same price of a new Boxster.
Is that so hard to attain without "rich relatives...or a lucrative patent or business."???
Sorry dbth but you need to get off your high horse.

[BuffaloBoxster]

Just want to interject something here...

When you embark on a career, you're getting started on somthing that could potentially last 30 or 40 years or even longer.

Making money is great, and we all know that it takes more of it than the average person has to be able to afford our beloved Boxsters, to say nothing of a Ferrari! What's really important over the long run is to find something that you are happy doing. If you dread waking up in the morning on a work day, then no car, no matter how wonderful, will make you happy. Working endless hours, working for a boss you hate, and working a job you hate are the three easiest ways to burn yourself out on life, so keep that in mind.

I am fortunate that I am good at the thing I like to do, and that it rewards me well enough to pursue the interests I love outside of work.

[Finallygottaporsche]

you guys are a bunch of haters. quit pickin on a kid who loves cars. we were all kids who loved cars at one time. Congatulations Blinkwatt on getting a porssche so early. i hope you get the ferarri. its only natural to have goals and aspirations. by the time you can afford the ferarri you may not want it anymore. such is life.

[SD987]

It's funny that as Porsche owners we get caught up in the image that the brand projects, when we have some inside knowledge and should know better.

If Blinkwatt had purchased a 2006 Toyota Camry no one would be questioning his purchase or lifestyle, or making silver spoon references, and a 2006 Camry costs more than a 99 Boxster. But it's part of the interesting phenomena where cars that are pricey new, retain their halo of prestige as age and depreciation move them decidedly down-market.

Obviously it's Blinkwatt's money and his life, and if driving such a car is a priority for him, so be it. The only thing I might question is the advisability of a younger person purchasing an import sports-car that's seven years out of the box, only because cars that fit that profile are usually expensive to run and maintain. Keeping a car running can be quite a drain at a time when it might be a good idea to develop a little financial breathing room for the the long road ahead.

I also don't think anyone is hating on him. From what I've read, a few posters have been tempering his enthusiasm with good intentioned doses of reality. And although it's a hard thing to take advice or receive judgement from someone else, it might be worthwhile to consider the input of someone who has some idea of what that road ahead looks like.

____

Pinoy, I am a little curious why you went from a 90K Acura NSX to an 18K Porsche Boxster?

[blinkwatt]

Wow I wouldn't have ever thought that this thread would turn into this. Let me update some quick info. I will be one step closer to reaching my goals as I will be promoted in 2 weeks more then likely(ever manager says I have the position,Iam not taking it for granted though). My Boxster at the time I bought it was more then a new Camry(dont worry I checked),but I clearly see your point there. Another thing I forgot to point out is that I bought my Boxster as stepping stool/test to my next car(Boxster S or 993). I wanted to see what a true high class German enginereed car was like and see if I could really value it. In addition to every Porsche seems to hold value if it was taken care of (look at value of excellent condition 928,944 and old 911s),so Im hoping it will be decent amount of money towards my next car.

[mach schnell]

blinkwatt - what did you sell or are you selling on ebay?

[TriGem2k]

Originally Posted by SD987

It's funny that as Porsche owners we get caught up in the image that the brand projects, when we have some inside knowledge and should know better.

If Blinkwatt had purchased a 2006 Toyota Camry no one would be questioning his purchase or lifestyle, or making silver spoon references, and a 2006 Camry costs more than a 99 Boxster. But it's part of the interesting phenomena where cars that are pricey new, retain their halo of prestige as age and depreciation move them decidedly down-market.

Obviously it's Blinkwatt's money and his life, and if driving such a car is a priority for him, so be it. The only thing I might question is the advisability of a younger person purchasing an import sports-car that's seven years out of the box, only because cars that fit that profile are usually expensive to run and maintain. Keeping a car running can be quite a drain at a time when it might be a good idea to develop a little financial breathing room for the the long road ahead.

I also don't think anyone is hating on him. From what I've read, a few posters have been tempering his enthusiasm with good intentioned doses of reality. And although it's a hard thing to take advice or receive judgement from someone else, it might be worthwhile to consider the input of someone who has some idea of what that road ahead looks like.

____

Pinoy, I am a little curious why you went from a 90K Acura NSX to an 18K Porsche Boxster?

You can not judge the price of a car for what it is worth today as almost every car loses value. Soo many people today can buy a Brand New 100K car, its how many of them can afford to property maintain them...

My daily driver is a 1997 S500 Mercedes Benz which my father bought Brand New Feburary of 1997 for 106k...Today that car is worth 17K, and anyone can pretty much afford it, but how many people could have really bought it back in 1997.

In my opinion when buying a second hand car that old today and saying you can afford one or that you have one your only kidding yourself.