first supercar

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ghost83

Original Poster:

5,478 posts

190 months

Wednesday 18th April 2018
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davek_964 said:
Unless your cousin works at a main dealer or recognised independent, I don't think that will help you much. What you save in servicing, you're likely to lose when you come to sell.
I agree on the servicing but would be helpful with repairs or brakes but no for me it would be main dealer servicing tbh! Just if I was stuck he is there if I needed him

davek_964

8,818 posts

175 months

Wednesday 18th April 2018
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ghost83 said:
I agree on the servicing but would be helpful with repairs or brakes but no for me it would be main dealer servicing tbh! Just if I was stuck he is there if I needed him
To be honest, stuff like brakes really aren't an issue. They're really no different from a Ford Fiesta, so you don't need specialist knowledge to do stuff like that.

BlackR8

459 posts

77 months

Wednesday 18th April 2018
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sounds like the choice to get into a supercar is too finely balanced on a number of factors going your way e.g. not to depreciate, no big costs crop up, easy to sell etc. I think this will ruin the fun of a supercar for you.

Then theres all the other things like thinking about whether you can leave it parked outside your usual place of socialising, or restaurant of choice etc which again could ruin your experience.

I think if you want a supercar to tick that box then you should just do it, but go in with your eyes open. I was advised that you should budget around £2-4k a year to run a 'reliable' 10 year old supercar and thats if nothing 'major' goes wrong or needs replacing (I am sure many owners will disagree but in any case it would be wise to have a contingency pot like this incase the need arises).

p1stonhead

25,549 posts

167 months

Wednesday 18th April 2018
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BlackR8 said:
sounds like the choice to get into a supercar is too finely balanced on a number of factors going your way e.g. not to depreciate, no big costs crop up, easy to sell etc. I think this will ruin the fun of a supercar for you.

Then theres all the other things like thinking about whether you can leave it parked outside your usual place of socialising, or restaurant of choice etc which again could ruin your experience.

I think if you want a supercar to tick that box then you should just do it, but go in with your eyes open. I was advised that you should budget around £2-4k a year to run a 'reliable' 10 year old supercar and thats if nothing 'major' goes wrong or needs replacing (I am sure many owners will disagree but in any case it would be wise to have a contingency pot like this incase the need arises).
£2-4K seems very low. I’d put a slush fund of say £15-20k aside if I was buying a true super car.

As you say, without really being able to afford it it won’t be enjoyable at all.

ferdi p

1,519 posts

172 months

Wednesday 18th April 2018
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I do hope its the OP's day off or he may get fired & all of this advice will have been a huge waste of time!

davek_964

8,818 posts

175 months

Wednesday 18th April 2018
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ferdi p said:
I do hope its the OP's day off or he may get fired & all of this advice will have been a huge waste of time!
To be honest, according to some of this advice I'm not sure I can afford to buy and run a 360. Guess it's been a lucky 4.5 years / 10k miles.......

MDL111

6,941 posts

177 months

Wednesday 18th April 2018
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davek_964 said:
ferdi p said:
I do hope its the OP's day off or he may get fired & all of this advice will have been a huge waste of time!
To be honest, according to some of this advice I'm not sure I can afford to buy and run a 360. Guess it's been a lucky 4.5 years / 10k miles.......
When I have time and a beer, I will try to write down all the costs I have had - I don’t think it is all that bad, but I have not had to pay for a major repair yet (although I am not sure I really want to know how much it has really been....)

ghost83

Original Poster:

5,478 posts

190 months

Wednesday 18th April 2018
quotequote all
ferdi p said:
I do hope its the OP's day off or he may get fired & all of this advice will have been a huge waste of time!
My old man won’t fire me lol I do the majority of his work I’m the only one that can run it when he’s away!

My eyes are wide open and the factors of not depreciating aren’t set in stone everything that’s not a special edition depreciates is just like it not to depreciate much or at leasT return my money if it’s a profit even better. If it goes wrong it goes wrong it might take me 6-10 month to get 10k together if I really saved hard! I just wouldn’t want to spend 70-75k then next year we’ve had the big crash everyone thinks will happen and I be down 15-20k BUT if that did happen I’d just keep it anyway, this isn’t something I want to buy keep for a couple of years then sell for a profit this is something I want to keep and have fun, I’ve just gone over the North Yorkshire moors to ainthorpe via Pickering and Castleton and it would be perfect weather and perfect roads to blat along with a v8 or v10 behind my head! No matter how bad it went wrong I’d seriously enjoy myself with it and I’m toovlaid back to worry about something that might or might not happen! I’m more terrified of getting on an airliner next month!

Never you mind

1,507 posts

112 months

Wednesday 18th April 2018
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ghost83 said:
My old man won’t fire me lol I do the majority of his work I’m the only one that can run it when he’s away!

My eyes are wide open and the factors of not depreciating aren’t set in stone everything that’s not a special edition depreciates is just like it not to depreciate much or at leasT return my money if it’s a profit even better. If it goes wrong it goes wrong it might take me 6-10 month to get 10k together if I really saved hard! I just wouldn’t want to spend 70-75k then next year we’ve had the big crash everyone thinks will happen and I be down 15-20k BUT if that did happen I’d just keep it anyway, this isn’t something I want to buy keep for a couple of years then sell for a profit this is something I want to keep and have fun, I’ve just gone over the North Yorkshire moors to ainthorpe via Pickering and Castleton and it would be perfect weather and perfect roads to blat along with a v8 or v10 behind my head! No matter how bad it went wrong I’d seriously enjoy myself with it and I’m toovlaid back to worry about something that might or might not happen! I’m more terrified of getting on an airliner next month!
Live around that way myself and yes that Pickering road can be bliss at times or at times it can be a 40mph fest.

Just buy the LP550-2 at Pangbourne, live the dream for a few months then flog it. Life's too short.


ghost83

Original Poster:

5,478 posts

190 months

Wednesday 18th April 2018
quotequote all
Never you mind said:
Live around that way myself and yes that Pickering road can be bliss at times or at times it can be a 40mph fest.

Just buy the LP550-2 at Pangbourne, live the dream for a few months then flog it. Life's too short.
I don’t have £160k lol and I doubt anyone is gonna be nice enough to give it!

Ooh crowdfunding, anyone want to donate a grand or 2 😂

jdwoodbury

1,343 posts

206 months

Wednesday 18th April 2018
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If it was me I would buy a sound Audi R8 V8 for £40k (which I did). You can sleep soundly at night, they are very reliable and costs are not totally in Supercar territory...oh and your likely to loose only a couple of £k per annum in depreciation at most. I had mine 12 months, did 6k miles and lost £500 in depreciation and had 1 service that Audi price matched at £250...I paid £1600 for a Milltek but that was a personal choice!

JD


garystoybox

777 posts

117 months

Wednesday 18th April 2018
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I think there's some very sensible comments and suggestions been made with regards this post. Although we are all very much into cars, its apparent we all feel very different with regards to what is important to our choice of car and ownership proposition. i.e. minimising cost of ownership, maximising enjoyment, the buzz of having the latest toy before anybody else, etc, etc. We also all have very different financial backgrounds with which to fund what are basically toys. Some will have had inheritances, some built businesses (and some sold them). Again, some will have borrowed and leveraged, some will have done it all without ever borrowing a penny.

As somebody who grew up with Ferrari and Lambo posters on the wall, from a relatively normal background, I understand the idea/goal of achieving ownership as a measurement of having made 'it'. As a child, my idea of success was always to make my first million and have the Ferrari by age 'whatever'. I would like to think I matured, worked hard and I guess I could have owned a Ferrari before 30 if I'd wanted to. But to do so would have meant doing without something else. i.e. a nicer house/paying the mortgage off, starting a family, etc. As somebody now in mid 40's I'm still working hard and enjoy running my business, but it's only been in the last five years that I've felt 'comfortable' in spending significant monies on toys.

Look, these 'things' are nice to have but personally, I just couldn't enjoy any of the ownership proposition if I thought it came at the cost of having to do without something else; even boring stuff such as sticking £30k a year into a pension, etc. To be absolutely honest, I think you can derive just as much enjoyment (well at least 95%) without the level of worries by buying something less expensive. For example, my business partner has a four year Boxster S as his weekend toy. I know he could comfortably afford to go out and buy any of the latest and greatest without any impact on his financial wellbeing, but I think he's right when he says that after the initial buzz of ownership, after a few weeks he won't really get additional enjoyment over his current car.

I suggest thinking long and hard before you jump-in. As the other posters have suggested, you may well find that looking at a Boxster or a Vantage will give you everything you need at a more affordable price? Please don't see this as a slight i.e. me saying 'you can't afford it', as only you can decide that, but maybe 'can you really afford it at the present time?' is the question to ask yourself. Personally, looking back I'm elated that I was sensible enough and waited until I could afford my 458 without needing to have the 'can I really afford this?' conversation with myself. Anyway, this is just my thoughts of course....

MDL111

6,941 posts

177 months

Wednesday 18th April 2018
quotequote all
garystoybox said:
....To be absolutely honest, I think you can derive just as much enjoyment (well at least 95%) without the level of worries by buying something less expensive. For example, my business partner has a four year Boxster S as his weekend toy. ....
so true, I get nearly as much enjoyment out of my RS Clio as the Ferraris (although the Clio is the only one that has thrown up a big repair bill so far, so I am a bit annoyed with it [or my decision to purchase it on a whim] at the moment)

Ferruccio

1,835 posts

119 months

Wednesday 18th April 2018
quotequote all
garystoybox said:
Look, these 'things' are nice to have but personally, I just couldn't enjoy any of the ownership proposition if I thought it came at the cost of having to do without something else; even boring stuff such as sticking £30k a year into a pension, etc.
All depends how much it matters to you.
The first car I bought was a Lamborghini. I was living with my then girlfriend in the flat she’d bought. The week I paid for the car I literally didn’t have any money left for food. That was 1987 and I still own that car today.
Given the choice between that and putting the money in a pension, I know which I picked.........

p1stonhead

25,549 posts

167 months

Wednesday 18th April 2018
quotequote all
ghost83 said:
ferdi p said:
I do hope its the OP's day off or he may get fired & all of this advice will have been a huge waste of time!
My old man won’t fire me lol I do the majority of his work I’m the only one that can run it when he’s away!

My eyes are wide open and the factors of not depreciating aren’t set in stone everything that’s not a special edition depreciates is just like it not to depreciate much or at leasT return my money if it’s a profit even better. If it goes wrong it goes wrong it might take me 6-10 month to get 10k together if I really saved hard! I just wouldn’t want to spend 70-75k then next year we’ve had the big crash everyone thinks will happen and I be down 15-20k BUT if that did happen I’d just keep it anyway, this isn’t something I want to buy keep for a couple of years then sell for a profit this is something I want to keep and have fun, I’ve just gone over the North Yorkshire moors to ainthorpe via Pickering and Castleton and it would be perfect weather and perfect roads to blat along with a v8 or v10 behind my head! No matter how bad it went wrong I’d seriously enjoy myself with it and I’m toovlaid back to worry about something that might or might not happen! I’m more terrified of getting on an airliner next month!
Only saving £10k in 6-10 months? You’d be mad IMO to go after a supercar on that sort of disposable income.

Get a Cayman/Boxster or even an R8. And then enjoy the crap out of it in a way you may not be able to in a supercar.

Edited by p1stonhead on Wednesday 18th April 18:28

PGNSagaris

2,934 posts

166 months

Wednesday 18th April 2018
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BlackPrince said:
More pointedly Mr. Sagaris, why does what ghost83 posts bother you so much? What is it about your childhood or upbringing that makes you want to st on ghost83? Is there perhaps a bit of fantasist in his post? Probably yes, but your derisive tone would mark you as the troll and not him. You are literally trolling his posts you pillock. Now, kindly pi55 off
This used to be a forum for grown ups. Not fantasists, admitting they’re struggling on or near minimum wage, pretending they’re buying supercars.

Congrats on being a white knight. You come across terrifically

rolleyes



Never you mind

1,507 posts

112 months

Wednesday 18th April 2018
quotequote all
ghost83 said:
Never you mind said:
Live around that way myself and yes that Pickering road can be bliss at times or at times it can be a 40mph fest.

Just buy the LP550-2 at Pangbourne, live the dream for a few months then flog it. Life's too short.
I don’t have £160k lol and I doubt anyone is gonna be nice enough to give it!

Ooh crowdfunding, anyone want to donate a grand or 2 ??
25% down, Balloon payment thingy, keep it a few months over the summer, job done. How do you think theses vloggers do it? Cash up front? Not a fking chance

I suggested getting an Exige. That car will teach more about driving that owt else but you ignored that post. Seriously, think about an Exige!


Edited by Never you mind on Wednesday 18th April 21:05

ghost83

Original Poster:

5,478 posts

190 months

Wednesday 18th April 2018
quotequote all
PGNSagaris said:
This used to be a forum for grown ups. Not fantasists, admitting they’re struggling on or near minimum wage, pretending they’re buying supercars.

Congrats on being a white knight. You come across terrifically

rolleyes
I’m not on minimum wage!

RamboLambo

4,843 posts

170 months

Wednesday 18th April 2018
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Surely there should be some form of vetting before you are able to post on the supercar forum whistle

It seems any Tom Dick or Harry can gate crash the party.

I say no custard = no entry


and as they say on Dragons Den "I'm In"

Edited by RamboLambo on Wednesday 18th April 21:43


Edited by RamboLambo on Wednesday 18th April 21:44

MDL111

6,941 posts

177 months

Wednesday 18th April 2018
quotequote all
Well imo this thread is at least better than all the people on the Porsche forum b!tch!ng about not getting the latest and greatest free money GT model - he seems enthusiastic about it and just tries to understand if he can afford it - which is fair enough and one reason why you would ask owners

Who cares about how much somebody has or doesn’t have - unfortunately not all of us are blessed with large net worth