Running costs

So what does he do? Buy a £16kk Boxster S, a £20k 911, save more for a £25k 911, get something else?

I would buy the 25k 997 all day long as long as i had a OPC warranty on it.

But your mate i would take 10 or 15k whatever on the drip for 1 year and just buy an OPC car and be done with it.
 
So what does he do? Buy a £16kk Boxster S, a £20k 911, save more for a £25k 911, get something else?

To be brutally honest I dont think it matters, we've no idea who he is, what he wants, what his situation is, he's as good as a made up person to us.

'Spec a car for my mate none of you know' threads are rubbish, so lets forget he exists and keep chatting generally.

It sounds like he should buy a Focus if he's really that clueless about what he wants.
 
[TW]Fox;18956113 said:
To be brutally honest I dont think it matters, we've no idea who he is, what he wants, what his situation is, he's as good as a made up person to us.

'Spec a car for my mate none of you know' threads are rubbish, so lets forget he exists and keep chatting generally.

It sounds like he should buy a Focus if he's really that clueless about what he wants.

To be fair though none of you really know me? If I'm here asking for a spec me a 335i your no better positioned apart from a few internet posts which tell you what I want you to see.

The guy can basically save at £1k per month, he has a total of £18k at the moment. He wants a very fast, very flashy car, soon. He has no other unusual financial situations and will not consider a loan or new car.

He has no kids, a GF and rarely needs his car to ever carry anything big so he can have a 2, 4, 5 or 7 seater.

He assumed a Boxster S would cost £1k a month to keep on the road and I said for that surely a 911 is a much better bet - but it's gonna take him another 8 months to save for that.

Currently drives a Focus ST (trade value included in his available money) and doesn't want to own it for any longer than he has to. Minimal (less than 10k) mileage a year and would prefer to change cars this summer than wait really. 22 years old so insurance not really a problem (Boxster S is about a grand, confused.com came up £1600 for a 911).
 
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To be fair though none of you really know me? If I'm here asking for a spec me a 335i your no better positioned apart from a few internet posts which tell you what I want you to see.

The guy can basically save at £1k per month, he has a total of £18k at the moment. He wants a very fast, very flashy car, soon. He has no other unusual financial situations and will not consider a loan or new car.

He has no kids, a GF and rarely needs his car to ever carry anything big so he can have a 2, 4, 5 or 7 seater.

He assumed a Boxster S would cost £1k a month to keep on the road and I said for that surely a 911 is a much better bet - but it's gonna take him another 8 months to save for that.


Just tell him to go to an OPC and spend whatever is needed to buy the cheapest 997 he can, put what hes got down as a deposit and drip the rest over 2 years.

Better still send him to me, i can always accommodate a young man with 20k burning a hole in his pocket :D
 
He's 22, wants some bling, knows so little about cars he thinks a Boxster costs £1k a month in running costs, and you want to put him in a 911? It's going straight through a wall, thats where its going.

The abilities of a 911 will be lost on him. Get him to buy something like an Audi S3 or whatever.

Saving £1k a month is something pretty much every 22 year old living at home can do - so I don't think he's some sort of loaded future Porsche owner at all, he's just a normal guy wtih a passing interest in cars without his own place who'd be bonkers to get into a 997.
 
[TW]Fox;18956462 said:
He's 22, wants some bling, knows so little about cars he thinks a Boxster costs £1k a month in running costs, and you want to put him in a 911? It's going straight through a wall, thats where its going.

The abilities of a 911 will be lost on him. Get him to buy something like an Audi S3 or whatever.

Saving £1k a month is something pretty much every 22 year old living at home can do - so I don't think he's some sort of loaded future Porsche owner at all, he's just a normal guy wtih a passing interest in cars without his own place who'd be bonkers to get into a 997.

how can you say that might as well put him in a fiesta in case he crashes.

hes got no expenses obviously let him buy a porsche hes no more likely to crash that than anything else.

the abilities of every car iv ever owned have been lost on me, lost on pretty much everyone i know too as it goes
 
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[TW]Fox;18956511 said:
It's just a hunch.

now in the interst of fairness i have taken advice here and asked my daughter and she says if she had a porsche she would just drive a bit slower so no need to crash, i mean its not a for gone conclusion is it.
 
As I said before, he can put a huge deposit down on something really good, he has the monthly available cash to pay finance and running costs.

Or, M5.
 
As I said before, he can put a huge deposit down on something really good, he has the monthly available cash to pay finance and running costs.

Or, M5.

And then crash in to a tree, obviously.
 
He should have a look at owners forums and ask around the car he wants see what the running costs are.

If he gets a nice car and it costs a lot to run he has to remember he wont be able to afford to move out for a long time afterwards.
Not a problem for some people though.
 
As I said before, he can put a huge deposit down on something really good, he has the monthly available cash to pay finance and running costs.

Or, M5.

I don't dispute that, its not my point.

I have the monthly cash at the moment to buy a 997 as well, doesn't mean it wouldn't be a completely ridiculous thing for me to do, though.

I think stuff like that is for later in life when you can really afford it, rather than circumstances where you have high disposable income because you are yet to take on many commitments.

Especially when it doesn't seem like he is that into it, if it was a lifelong dream car than perhaps...
 
I want a porker too, but I've got a house and various other commitments. :(

Plus, I'm going to take myself and go get some further higher education. So it'll take much longer even still. Bah. :/

One day... :D
 
I'd love to own a 911 as well, been borrowing my folks one more lately since they got a new car to use as a daily.

Although it's horrible giving it back after a few days :(

But as Fox says, whilst I could afford to buy it off them and run it, that'd be pushing things a bit in the finance dept at this point in life and not the most sensible of things. Plus the wife would kill me :p

Still will see what happens with a new job I might be getting ;)
 
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[TW]Fox;18957685 said:
I don't dispute that, its not my point.

I have the monthly cash at the moment to buy a 997 as well, doesn't mean it wouldn't be a completely ridiculous thing for me to do, though.

I think stuff like that is for later in life when you can really afford it, rather than circumstances where you have high disposable income because you are yet to take on many commitments.

Especially when it doesn't seem like he is that into it, if it was a lifelong dream car than perhaps...


And we all know that most people don't think like you :p
Not everyone wants to save for tomorrow and a lot more dont have the brain capacity to consider the future.

I agree on the bit of not really being into it. Surely you spend that sort of money on something that interests you :(
 
And we all know that most people don't think like you :p
Not everyone wants to save for tomorrow and a lot more dont have the brain capacity to consider the future.

I think my point is that when you are young and live at home with a full time job it's easy to get sucked into the trap of spending all your earnings - 90% of which are disposable - on cool stuff, like perhaps running a Porsche.

Whilst at the time this sounds great unless you make sure that any decisions to buy cool stuff (Which you absolutely should do, whats the point in life if you dont have a good time) do not compromise the fairly unique ability you will have in such a situation to build considerable savings - which can then be used as the foundations for the rest of your life.

You can do this and still enjoy great cars, it just means that buying a 997 Porsche at 22 is probably stupid.
 
again i'll point out that you are not the general population, you do not think like most people. the amount of youngsters that go out and spend stupid money on new cars, with high finance deals is crazy, just like the amount of young people who do not contribute to a pension (when it really would make a difference to their future).
this isnt that much different really. He has £18k and apparently lots of available cash each month.

No, most people would not do it, but please dont think everyone has your standards as they clearly dont :)
 
He has 18k because he has lots of available cash each month.

If he then spends this available cash on running a recent model Porsche 911, along with the £18k, he will lose the £18k and not be able to replenish it at the same rate.

One of these things on its own is probably fine - if he stopped saving but kept his £18k, or if he blew his £18k but was able to replenish it again quite quickly - but both?

And it just seems so uneccesary - he knows so little about Porsche he thought a Boxster costs £12k a year to run. He's obviously not a petrolhead really, he's just a lad who likes a quick car - like most guys - so really is he going to get a proportional benefit to the amount of cash he'll outlay and the amount he'll spend each month?

I doubt it.

If he got something like an Audi S3 with his £18k with a warranty he'd still have a quick car, he'd still have some bling, but he'd crucially maintain his ability to save that gave him the £18k in the first place.

This means he could have fun blowing cash on cool cars without compromising his future :)

His money, he can do what he wants with it, but as we've no idea who he is we might as well discuss what might be a common situation for many people :)
 
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he wouldnt need 1k cash each month to run the car, we all know that. so this fictitional person could still save money should he feel the need.

could he not get a warranty to cover the porsche?
 
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