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Old 04-01-2014, 02:48 PM   #97 (permalink)
Chuck33079
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Quote:
Originally Posted by Firebase99 View Post
VERY good point however, Im having a hard time understanding how much money you really need to own a Turbo S comfortably. What kind of income? Im thinking minimum NET income $1 million? I dunno...whatever but thats a nice #. If I made that, would I track my S? I dont think I would. Maybe once. If I made $2 million, would i track it? Probably not, I want a dedicated Track Toy-GT3 type. So say I make $250K+, I could see myself getting a Z28 actually.
Another good point. Those numbers work for owning the S as a street car. As a track toy, you need to be able to walk away from a total loss without getting your feelings hurt. That's a much higher number than what it would take to just own it and drive it.

A guy who makes $1mm/year is hurting if he balls up a $180k car. That was 20-25% of his pre-tax income that year. That same guy is a lot better off walking away from a wadded up $75k car.

That's why my track car is worth $5k, tops. That's about what I'm willing to wreck and walk away from.
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