23 year old

>23 year old
>Cashed out 500k$, bought a flat for 150k$, left with 350k$
>Considering spending 50k$ on a new Porsche Cayman

Is it really that stupid considering that I can sell this car for 40k$ in a few years? I know you guys are shitting on everyone who isn't frugal - I'd never buy a supercar like a lambo no matter how much money I had, but Porsches don't depreciate in value as quickly.
If I take care of this car I can get 2-4 years of driving a Porsche for 10k$+maintenance costs, which doesn't seem that terrible considering that I don't have anything other to look forward in life.

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Just buy an oldtimer porch, wont loose so much value and you can do more of the maintenance yourself. Plus classy af

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Porsche is normie tier.
Get an s2k, shove a fat tarbo in it and blow lambos away for less than 30k

As a guy who owns an exotic I can honestly say that buying a brand new and expensive car with your net worth isn't the wisest choice you can make... At first sure, youll love your new car and love the attention but you can drive a literal mclaren and after a couple of months the excitement will wear out. I bought a C7 and after two months I wanted to sell it. Just rent one using turo on the weekends if youre really pressed for one, and invest your money in something, I assume you're from Europe (UK?)

This desu but keep the s2k stock like a smart person

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dont do this OP you will look like a poorfag. what do girls know about cars? brands Porsche > supped up nip car

if you can't buy 10 of them you can't afford 1 of them

>buying a car to impress coalburners
Fuckoff my chans normalnigger

If I ever come to the point where I can cash out 200k+, I'm buying myself an older, used Cayman 2.7. They go for like €20k-€30k here. I don't think I would spend 50k on a car at this age (I'm 22), but that's also because I won't be driving it a lot. Public transport here is superb and the distances not that far. It might be a different story for you, being in the States.

Something like a WRX or a Honda Civic. You’re also likely to bank on it cuz people tend to feature these in movies or pop music, and the price can shoot up sometimes.

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Probably won't regret it.

My buddy had a 911 that he sold and he missed it so much he ended up rebuying it

Dude if it makes you happy and makes you fell like a boss to drive then do it

>cayman

you know that's the porsche for women

A car is not an investment. It is a toy.

But toys are fun. Get the fucking car and have fun m8. #YOLO

>Cayman
Lmao, if you're gonna buy a shit brand car, at least buy a non-queer one.

>gayman

buying one(of whatever fancy car) should be like buying a hot dog ;^)

Do it faggot, ofcourse it's waste of money but you will enjoy it and you can always sell with small loss if you regret it.

The thing you have to consider is that you may _never_ have another payday like this. Do a calculation, 50k in dividends stocks or ETFs at 4-5% per year, reinvest profits, that's hundreds of thousands extra in 20 years. You only want these toys until you have them.

Think you're gonna have to turn your penis in to the nearest cuck registry office if you're a grown man getting a Porsche

who /f type/ here?
I can afford it but it'll take a big chunk of my gains so I'm putting it off for now...

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Cayman GT4, do it right. Will appreciate at some point like all Porsches do. Bonus if you do your own basic maintenance, plus some track time.

if your car is worth a third of your flat you're doing it wrong. you should spend way more on the place you call home than your car
t. own a $3mil house and drive a $30k bmw

Personally I'd reinvest that money but do whatever you want. Why they fuck do you care what biz thinks about your purchases?

>cashed out
>spent it all
>now broke
What should I buy biz shill me your best I fucked myself over yet, again.

You bought the flat? Go for the porsche. About 30% of income normally goes to rent, if you already have a place, then go ahead and treat yourself.

TREAT YO SELF

yes op do it you’ll still have 300k left and you can invest most of it, maybe leave a couple grand for travel

>Buying a gayman

Wise decision. However keep that golden engine stock. Its too pure for this rotten world.
>tfw when I test drove s2k

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Buy a slightly used former lease car. 1-2 years old lease return will be in excellent condition and save you many many thousands of dollars off new sticker price. Also cars really aren't good investments and I don't recommend purchasing with an eye to future resale value. It's better to get something with a reputation for mechanical durability and relatively inexpensive average annual repair cost.

If i had 350k burning a whole in my wallet I would use 150K of it to buy a second flat and rent it out. Put remainder in to safe investments.

You're a fraud owning a Porsche but living in a 150k flat.

I have a 981 Cayman S pdk. If you can swing it, it’s a lot of fun. Don’t buy it expecting resale or low cost of maintenance. Cheers!

>150k for an Apartment
>50k for a Cayman

in what country are these things so cheap?

>not just getting a lexus
>same level of luxury as a porsche for 1/3 the price

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I would never buy a lease car that is 1 to 2 years old. Owners floor them on an cold engine and do all the reving with high rpm - basically drive them like they stole it because mecanical problems appear later 50-75k miles+

Porsches do not have a high resale value. Like someone else said, your be better off with a nice Lexus. Much cheaper maintanence too.

E90 master race, cost me 3k, looks good, will last forever if I look after it.

Why anybody would spend more than 5-10k on a car just to look good or keep up with the Jones is beyond me.

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Make sure you've got enough to pay your tax bill if you don't want the IRS to fist your ass

Larpistan

I'd spend it on milky

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Glasgow,

Are you saying a Corvette is an exotic car?

Please ban me I want away from crypto

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Exotic cars are t meant to be driven on a road daily, they are designed for the track, what even is the point of buying a Ferrari or a lambo if you do t take it to a track to use it how it’s intended, sure it’s nice to look good in one, but it’s for the track or the odd weekend day out on the country roads

Cayman is a proper sports car, have you test driven it? You'll sit ass to the ground so snowy winter no fun

Porsches have very high resale value. Maintenance can be costly

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At least Porsche is a 2 year service interval rather than annual

Just lease it if you're going to get rid of it. That way you don't take on any ownership costs and you can switch it out for something new, which is what anyone would love to do every 2 years.

s2k great, no porshe tho.
honestly fuck it bro don't listen to these pussies

fuck these pajeet cars.

luxury isn't the only factor, a porshe is a porshe

And a lexus is a lexus. I'd say they're on the same level as far as "brand". Both are luxury, Porsche isn't some god-tier supercar like Lamborghini.

also if your just wanting this to have a cool new car not because you really like they way porsche drive, consider SUVs and Trucks great vaule, great quality, will hold value(though your use of the term 'flat' makes me question that you live in a place suitable for suvs)

That's hot.

porshe and lexus are not on the same tier, they make very different cars, they are definately dope and if op just wants a cool new car then lexus should be considered, but if he is really fixed on the
P O R S C H E
E X P E R I E N C E
then a lexus just cant compare

>god-tier supercar
>lambo
what did he mean by this

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lambos are god tier admit it

Literal nigger tier.

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DAMN PLAYA NICE LAMBO

also what kind of fucking freaky faggot doesn't get a boxster over a cayman

50k for a porsche must be a shit tier porache. I dont look at car prices for models I would never buy.

If it makes you happy buy a porache, but I wouls be really happy with a toyota avalon ot even a honda civic. (Valet here, I've driven it all, porsches arent that cool).

Anyways, have fun needing to get a shit job like me when you blow through your stack on useless shit like luxury cars.

Boxster looks weird. Cayman is basically a poor man's 911.

Or you can reinvest with me an make a cool million before the end of the year

you got it twisted senpai

He'd still have 300k$ to secure some sort of income to support his car and lifestyle. That is enough.

german cars, and high-performance vehicles in general have somewhat expensive maintenance costs and insurance, think twice before buying a nice car just because you can pay cash. No point in buying something like that if you have no steady income or something

>spends all of money and doesn’t have any left over from taxes

Be careful not to be that guy, OP. Pay your taxes, then spend like an idiot. IMO, you don’t need a goddamn 50k car. Reinvest in land, agricultural engineering, or machine learning.

>23 year old
>I don't have anything other to look forward in life
Oh man.

You never know what's gonna happen in the next 10, 20 years. If I were you, I'd buy a second hand Toyota because they're really long lasting and their value don't depreciate that much.

If you really want to show off, just buy a second hand Mercedes Benz E-Class.

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land is the ultimate hodl

>chashing out at 500k
>not even reinvesting in other assets
>spending it on stupid shit like a porsche gayman

some people are just destined to never make it

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jap shit weeb nerd

no one will mire and the engine will explode when the spotty teenager who fits your turbo doesn't do it right

jfc you anons will never make it. spend 5-10K on a used accord in good shape. live like a poorfag until you're worth at least 3M. the 40K you save could easily be worth half a mil in a couple years if you pick strong crypto projects.

>t. worth 650K and don't even own a car because i can get anywhere easily in my town.
i want to be rich as fuck not spend 1/7th of my net worth on a toy i'll get bored of in 6 months

The accord is such a shitty ride that I unironically get carsick whenever I ride in one.

It's like riding in a goddamn tin can

He said he cashed out 500k, not cashed out at 500k. Learn to read.

350k invested with a safe return of 5% is 17.5k before tax. Someone who makes 17.5k a year can't afford a Porsche. If you have a real job making 50k plus then buy your toy.

>buying cars for how fast they are and not for how many compliments you'll get

can be anything cheap and reliable. the point is to not buy a fucking porsche if you're only worth 350K and live in a 150K shithole. that's retarded

cayman is for faggots, literally
either get a 911 and look respectable
or get a cayenne or a panamera and look like a drug dealer

Fuck, this hurts so much.

The Cayman GT4 was supposed to be my reward with REQ, I had 250K USD worth of it on Jan 1st.

And now it's less than $50K.

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>Larping this hard

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>$500k
>no mention of how much tax he paid on his gains
lmao the IRS is going to fuck you up the ass kiddo. congrats on your gains btw.

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holy fuck this. I get the appeal but if I had the money 911 all the way. Or wait for a mid engine 2 seater 911.

dont buy a cayman, its a Porsche for women, literally
go for a older 911 instead, thank me later
you can get one from €50k up in a good state in Germany

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fuckin hate those years. thankfully you only lost 3 grand

Hate this model. E46 so fucking much.

>European car
>lasts forever
HAHAHAHAHAHAHAHAHAHAHAHAHA
Pick one brah

I'd buy a luxury car only in case I didnt have to think about the resale value.

>honda
>engine exploding

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>European car
>lasts forever
Honestly depends on the Euro car, but generally with a 6 cylinder BMW this is a sound statement.

1000x this

You need to read some reliability statistics. Try JD Power or Consumer Reports or whatever floats your boat. Every single European make is near the bottom. Here's an editorial to whet your appetite but look around for the more scientific shit. European """reliability""" is a marketing fraud: jalopnik.com/bmw-engines-are-gigantic-pieces-of-shit-1784684330

A cultured man I see.

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Get it, here is mine. fun as fuck as long as you got twisty roads to use

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>American site
HAHAHAHA

google this this is a supercar...

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this user knows whats up. s2k will not depreciate in value as long as you don't rice it. keep it clean maybe some nice wheels and coilovers. I bought mine for 11k and i could get 13k for it right now.

Why are E classes so based

Whats a nice luxury SUV to buy under 80k?