Can I afford a decent 911 for everyday use?
Discussion
prismv said:
IMI A said:
That Blue is the best colour I’ve ever seen on a car 
IMI A said:
prismv said:
Personally buddy I would insist on it with OPC and wait for the car longer. They’ll miraculously make it happen even if they say they can’t - they just want to fill build slots and don’t care what customer wants. A special colour makes a 911 look so much more special. 992 reminds me of a modern interpretation of a Singer. Well jell!!!Well I need to scratch the 992 inch now so Gentian blue will have to suffice for now but maybe after the next 4 years I’ll spec it for my 992.2
IMI A said:
You 992 guys are very lucky. Best looking water-cooled 911 for me. Here's mine - one day Rodney 
Moderator edit to comply with posting rules.
What happened to the Clarkson comments? I cannot believe terminally offended millennial snowflakes have now sanitised the thread.Moderator edit to comply with posting rules.
Edited by Scrump on Saturday 24th August 13:48
This is from a (previously amused) boxster owner!
Schmed said:
IMI A said:
You 992 guys are very lucky. Best looking water-cooled 911 for me. Here's mine - one day Rodney
Moderator edit to comply with posting rules.
What happened to the Clarkson comments? I cannot believe terminally offended millennial snowflakes have now sanitised the thread.Moderator edit to comply with posting rules.
Edited by Scrump on Saturday 24th August 13:48
This is from a (previously amused) boxster owner!
IMI A said:
Schmed said:
IMI A said:
You 992 guys are very lucky. Best looking water-cooled 911 for me. Here's mine - one day Rodney
Moderator edit to comply with posting rules.
What happened to the Clarkson comments? I cannot believe terminally offended millennial snowflakes have now sanitised the thread.Moderator edit to comply with posting rules.
Edited by Scrump on Saturday 24th August 13:48
This is from a (previously amused) boxster owner!
Schmed said:
IMI A said:
Schmed said:
IMI A said:
You 992 guys are very lucky. Best looking water-cooled 911 for me. Here's mine - one day Rodney
Moderator edit to comply with posting rules.
What happened to the Clarkson comments? I cannot believe terminally offended millennial snowflakes have now sanitised the thread.Moderator edit to comply with posting rules.
Edited by Scrump on Saturday 24th August 13:48
This is from a (previously amused) boxster owner!
IMI A said:
Lets hope whoever it was gets off the bread line (as we both did), ditches the Cayster and can afford a proper 911 one day there by removing the mountain of a chip on his/her shoulder
It wasn't me, but I was surprised the gay thing was still an insult in these modern, enlightened, times. I assume the Cayman/Boxster thing will carry on forever.
drjdog said:
IMI A said:
Lets hope whoever it was gets off the bread line (as we both did), ditches the Cayster and can afford a proper 911 one day there by removing the mountain of a chip on his/her shoulder
It wasn't me, but I was surprised the gay thing was still an insult in these modern, enlightened, times. I assume the Cayman/Boxster thing will carry on forever.
Not being very knowledgable about car finance this has been a most enlightening thread! I hope the OP gets much joy from his new vehicle and am sure he will.
Last night I was out and in a group if people who very much do know their way around personal ( non housing ) asset finance, and who seemingly use it extensively to run all manner of flying and floating toys. One chap was telling me he is awaiting imminent delivery of a new sailing yacht in the 1M bracket. I may not have the details 100% straight, but as i recall the purchase is structured like this -
In return for having the right to put crew on it and charter it out for paying guests during the first 3 years afloat the suplying dealership knock 40% off list and the owner has high season Med based use restricted to 3 weeks a year. The owner is still responsible for home port berthing fees but not charter insurance.
Purchaser pays 50% deposit ( using discounted price ) and finances the ballance with a marine mortgage from a Danish bank at a negative interest rate! Minus 0.25% iirc ( might have been -.5)
The new owner / buyer has a number of options after the 3 years. He can leave it completely or partially inside the suplying dealerships charter operation, or remove it completely. This will depend on how much time he can realistically spend on it himself at that point. He can settle the finance, or leave it running. In his view his worst case is that, he needs to keep working and can only spend a month a year on it, in which case he charters it the rest of the time and had a possitive yield of roughly 6% against the portion still debt financed. The rest of the boats income will be directed toward upkeep and crew costs during his periods of use.
My back if an envelope assumptions are: during years one through three, the suplying dealer is confident of earning a net yield on the total asset value of roughly 12%pa. The new owner expressed confidence that this is a conservative estimate and that he is confident that in 3 years time the boat will definately still be worth at least 60% of todays list price. By this stage ther worst depreciation has been eaten, he still has a depreciating asset, in need a meaningful spend every year to maintain its value and ownership pleasue factor.
We then ended up discussing what happens to asset values in general if it becomes possible to use negative rate finance widely? There was no consensus of opinion at all - Interesting times !
Last night I was out and in a group if people who very much do know their way around personal ( non housing ) asset finance, and who seemingly use it extensively to run all manner of flying and floating toys. One chap was telling me he is awaiting imminent delivery of a new sailing yacht in the 1M bracket. I may not have the details 100% straight, but as i recall the purchase is structured like this -
In return for having the right to put crew on it and charter it out for paying guests during the first 3 years afloat the suplying dealership knock 40% off list and the owner has high season Med based use restricted to 3 weeks a year. The owner is still responsible for home port berthing fees but not charter insurance.
Purchaser pays 50% deposit ( using discounted price ) and finances the ballance with a marine mortgage from a Danish bank at a negative interest rate! Minus 0.25% iirc ( might have been -.5)
The new owner / buyer has a number of options after the 3 years. He can leave it completely or partially inside the suplying dealerships charter operation, or remove it completely. This will depend on how much time he can realistically spend on it himself at that point. He can settle the finance, or leave it running. In his view his worst case is that, he needs to keep working and can only spend a month a year on it, in which case he charters it the rest of the time and had a possitive yield of roughly 6% against the portion still debt financed. The rest of the boats income will be directed toward upkeep and crew costs during his periods of use.
My back if an envelope assumptions are: during years one through three, the suplying dealer is confident of earning a net yield on the total asset value of roughly 12%pa. The new owner expressed confidence that this is a conservative estimate and that he is confident that in 3 years time the boat will definately still be worth at least 60% of todays list price. By this stage ther worst depreciation has been eaten, he still has a depreciating asset, in need a meaningful spend every year to maintain its value and ownership pleasue factor.
We then ended up discussing what happens to asset values in general if it becomes possible to use negative rate finance widely? There was no consensus of opinion at all - Interesting times !
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