Should i Lease/Buy or Stay???

Discussion in 'Blazers OT Forum' started by OSUBlazerfan, May 19, 2010.

  1. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    You can always rent one for a week and get it out of your system. btw the maintenance expense on this car is ridiculous.
     
  2. MrSelfDestruct

    MrSelfDestruct Louie, Louie, Louie

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    Another alternative: Take that $700/mo and travel! Take a weekend trip or two a month or conversely, save that money and take one BIG trip a year.
     
  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    buy a used one with cash for like 10k. You'll pay in maintenance, but on the plus side you won't look like a huge douche leasing a 70k car making 70k a year.
     
  4. mook

    mook The 2018-19 season was the best I've seen

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    Six months after you lease the Porsche you won't feel any better about your life or yourself than if you dropped $20k on something you could more easily afford. In fact, my money is on you feeling more depressed, because you'll be squandering so much dough on something pretty much worthless.

    Go on a wild vacation. Spend some extra money on a worthy cause. Invest some of it now in case your finances aren't so rosy five years from now. Buy awesome season tickets for the Blazers.

    Six months from now, any of the above things you'll feel better about having done than you will having gotten suckered into renting a car.

    Life experiences are always a better investment than luxury possessions.
     
  5. OSUBlazerfan

    OSUBlazerfan Writing Team

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    Thats another reason i thought leasing would be a viable option, owning it would hurt :(
     
  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    plus its a fucking Caymen. Those things are just like Boxters. Seriously, you don't want to be "that guy".
     
  7. Tortimer

    Tortimer Well-Known Member

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    If you saved that 30k at your age of 23 at retirement age of around 60 years old you would have something close to $500,000. It depends on what the average interest rates etc.
     
  8. OSUBlazerfan

    OSUBlazerfan Writing Team

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    320 BHP
    0-60 4.8
    1/4 mile 13 flat

    and handling like a porsche, i dont care if its a glorified boxster
     
  9. ehizzy3

    ehizzy3 RIP mgb

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    use the 7 hundred dollars...buy marijuana in bulk...hire someone to sell it for you...make profit
     
  10. OSUBlazerfan

    OSUBlazerfan Writing Team

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    See this is exactly the thing, ive been so fiscally responsible since i was 15 with my first job, that i have never been able to enjoy any of my money....
     
  11. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Does your wifey work?

    I mean its doable on 70k a year, if you're single. Married...I'm not sure. You're not going to be able to have that much fun for the next 3 years though or have some disposible income. One of the best feelings in the world is having a big cushion to do whatever you want.

    If you see your income increasing in the next 3 years though, maybe its a little easier to swallow. But I wouldn't personally get a Porsche. Really impractical.
     
    Last edited: May 19, 2010
  12. Tortimer

    Tortimer Well-Known Member

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    One more thing is maintenace and insurance. At your age I would think the insurance would be sky high. I know when I was your age I bought a brand new Corvette and paid over $2500 year for insurance and that was almost 40 years ago.

    You might want to check on insurance if you haven't already.
     
  13. OSUBlazerfan

    OSUBlazerfan Writing Team

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    Yes currently, although she makes nothing close to what i make
     
  14. OSUBlazerfan

    OSUBlazerfan Writing Team

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    Well you guys are real downers :(
     
  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    See if you can cut $700 in monthly expenses for yourself every month.
     
  16. MrSelfDestruct

    MrSelfDestruct Louie, Louie, Louie

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    I was thinking it, you said it. I've always thought Porsches (with the exception of the 911, 993 and a few others.) to be huge indicators of "hey look at me!" Meanwhile anyone that knows their stuff about cars shakes their head because it's the crappy version of the car.

    Those specs are not worth $70k. You can get a used Z06 for significantly less, and run 11s and sub 4 0-60s.
     
  17. Tortimer

    Tortimer Well-Known Member

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    Sorry, but I think it will be a bigger downer from my experience a couple months after you lease the car.
     
  18. OSUBlazerfan

    OSUBlazerfan Writing Team

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    Corvettes are shit,
     
  19. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    C'mon...I gave you what you wanted! :)

    Seriously, if you were thinking about leasing b/c you had your heart set on this Porsche, getting the used one for around 35k and having it paid off in 4 years is probably the way to go. Even if you sold it after 3, anything over the $7522 you'd have left on the loan is pure profit...unlike just giving a car back to the dealer.
     
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  20. OSUBlazerfan

    OSUBlazerfan Writing Team

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    lol ok repped
     

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