Would You Rather...

Zingston

Is this guy a troll? I mean, does he really need 20 diff opinions in response to his ridiculous question in order to make up his mind? Hard to believe a person that would ask strangers this question would have somehow accumulated that much extra cash to throw at a car.

TobinH

I'm rounding up, but I'm thinking about a covered call ETF with a 7% dividend yield and about a 1% appreciation.

JARblue

Is it really that hard to believe?

__________________

HapaZ

I'll take the options tip if you feel like sharing

viiv

I brought my 2020 base because it was a good bang for the buck for a new car, it was less than a 4-banger BRZ. I shop by value. The most expensive sport car I would ever buy (to drive), no matter how rich I was is a C8 Corvette. Why pay more for a mid-engine sports car?

There is only one reason to drive around a super car, taken straight from the mouth of a Lambo owner. One night stands.

...I don't know, maybe you are single.

With the cash you have, top out your budget at a C8 if you are dead set on a mid-engine car or wait for the Z35 if front engine will do and invest the rest. Anything more is a waste of money. I give you only two options, because in my opinion these two cars represent the best value in their class.

I only see one reason to ever buy a >$100k sports car, and that is as an investment if you believe it will appreciate as some do. But you seem like you want a car to drive and not keep in a glass box so this does not apply to you.

TobinH

not much of a tip, any high yield oriented ETF will perform similarly.

I'm in Canada, so I'm thinking of the BMO products, like ZWK, ZWE, ZWC.

note that there are good reasons not to buy these, you're essentially paying a high 'fee' in return for getting a regular dividend as opposed to more growth.

also, don't invest based on what some rando says on the internet, especially not *this* rando cuz I know just enough to understand how little I understand.

abm89

OP, have you considered a Lotus Emira?

__________________
Complete Parts List:
https://github.com/abm89/ztouge-build

HapaZ

Now that looks very interesting! I had not considered it and hadn’t even heard of it. I’m about 200 miles from the closest dealership and I’d imagine if something went wrong with it I’d be dealing with a pretty nasty headache.

HapaZ

The C8 would be absolutely perfect if I didn’t need the backseat. Weird as it may sound, having the ability for a kid seat in the back will allow me to drive the vehicle waaaaaay more.

Rusty

OP, it's your money, your decision. Go buy the Porsche. If you are like some first time Porsche owners. You will sell it the first time you have to do major maintenance service.

__________________

浪人 - 殺し屋
"The Difficult Anytime, The Impossible By Appointment Only"
http://www.the370z.com/members-370z-...o-journal.html

HapaZ

Yeah I get that those are the stereotypes, but sometimes they are wrong.

JARblue

Lots of people buy cars they can't afford. That's the majority of short term Porsche owners.

__________________

Rusty

Can afford to buy the car. But can't afford to do the service on it.

__________________

浪人 - 殺し屋
"The Difficult Anytime, The Impossible By Appointment Only"
http://www.the370z.com/members-370z-...o-journal.html

HapaZ

Which is also true of a lot of luxury brand cars. I think the Z is an under appreciated platform for it’s overall reliability. And cue the csc comment in 3,2,1…

viiv

Ya, but you can fix the CSC issue by replacing with an HD CSC if it ever happens and it won't happen again.

With a Porsche, the repairs never stop flowing.

Still hoping that running Rbf600 on a late model Z from day 1 with frequent changes will remedy the issue.