Quote:
Originally Posted by Quentin
I think the JP Morgan is pretty spot on. Someone that can easily afford a Porsche doesn't need to set aside $3000 a year for maintenance; they easily have that money available and it is a drop in the bucket in the scheme of their finances. Now, that person may choose to buy a used one because you don't get wealthy by pissing away money needlessly (especially if it is a toy), but they won't be trying to figure out if they can maintain or afford a used Porsche.
Note: there is a pretty well defined range of what mass produced cars cost to maintain yearly. It is pretty common sense that a newish Porsche is at the top of that range.
For me, it depends if my FR-S happens this winter. If it does, our next car will be whatever my wife wants. If it doesn't, an IS F sport will replace the leased Prius v Five in 3 years. 300h, 200t, or 350? Who knows. Depends what is out at the time.
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I've always taken it to mean that if the price is such that it will determine whether or not you can't make ends meet, it's probably a bad idea to do it.
i.e. if $2k a year worth of maintenance will make or break you, you shouldn't get the car, because it's cutting it too close.
If it's just "I'd like a Porsche and know maintenance costs will be higher, but how much is that actually?", that's different than "I can put every spare penny into affording a Porsche, but how much is maintenance, I don't know if I can afford that too?"