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Old 10-20-2011, 11:05 AM   #96 (permalink)
autopc25
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Quote:
Originally Posted by m4a1mustang View Post
But then where does it stop? There's definitely a big difference between spending $100k on a standard 911 and then maybe $50k more on a Turbo if you are not super rich. Someone making $250k/yr might be comfortable putting 25% or so down and financing the remainder on a $100k 911, but it might not be so nice if your total cost was in excess of $150k.

But that goes back to what was said earlier, that the median income of the 911 owner was somewhere around $390k. I'm sure at $390k/yr the difference between $100k and $150k over 3-5 years is not that much at all.

Plus you get four seats with the 911. Two for humans and two more for groceries.

The economy is the key today. $390K a year is very-very well off but not super rich today. The first things to go are the toys when the economy is in trouble. Used Ferrari prices are super low right now because they are not practical cars. You can buy a super mint 360 F1 for the same price as a new GT-R all day now. Fortunately for Porsche their cars are much more practical and used daily so prices hold better. It's still a buyers market for most things today if you have cash.
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