The very cheapest new Porsche 911 costs $101,200.
If you add…
- Fancy wheels: $4,030
- Fancy seats: $5,960
- Fancy power addition to fancy seats: $3,830
- Fancy leather-everywhere interior: $17,110
- Fancy gauges and clock: $3,900
- Fancy headlights: $2,470
- Fancy stereo: $3,980
- Fancy remote parking system: $6,950
- Fancy carbon fiber roof: $3,890
- Fancy aerodynamics kit: $8,710
- Fancy paint protection kit: $2,760
- Fancy door mirrors: $1,630
- Fancy black window trim: $510
- Fancy “Porsche” on door: $560
- Fancy “911” on rear: $350
- Fancy lid grille slats in same color as car: $720
- Fancy tailpipes: $3,380
- Fancy front axle lift system: $2,770
- Fancy rear wiper: $370
- Fancy cruise control and lane-keeping system: $3,020
- Fancy heated leather steering wheel: $590
- Fancy interior trim: $1,260
- Fancy painted keys: $540
- Fancy seat belts: $540
- Fancy maintenance plan: $5,035
- Fancy customized luggage: $6,323
…The final price comes to $201,271.
First: I did not get a new Porsche! I don’t have a used Porsche, either. Maybe when I get to heaven, my wheels will be from Stuttgart.
Second: This is an exercise to show you how crazy Porsche is when it comes to upgrades.
Third: If you add the costs of the options, it may not equal the total above. Porsche uses a different calculator than some people.
Photo by Martin Katler on Unsplash. Used by permission via a Creative Commons license.
I’ve been into cars my whole life. If I could sell my long-gone childhood Hot Wheels collection, I’d be a rich man.
My idea of fun reading is a car magazine. I love learning about a vehicle’s performance, design, value, and how it stands up against the competition. As a result of a lifetime of study, I know a lot about cars. I may not be able to diagnose why your car won’t start, but I can tell you which vehicle is the best in the class you’re considering.
I’ve never formally been a car salesperson. But I’ve recommended cars to many friends over the years.
Here are some of my favorite tips…
- Skip the lease. If you buy a car, you’ll save a lot in the long run by buying a lesser model for the same as the lease payments for a fancier model. “But I’d have a monthly payment anyway,” is not a good argument when you consider where you’ll be at the end of the lease – having to start again compared to having a paid-for car. Better yet, keep driving your old beast and save up to pay cash.
- What’s your primary use? If you’re going to live in the mountains with serious snow to plow through every day for months, then all-wheel drive is a good option. If you spend the vast majority of your time driving around town and live in a place that gets snow, a good set of snow tires and front-wheel drive will get you to your destination 99% of the time.
- If you’re buying from Craigslist, be sure to take the vehicle you’re seriously considering to a reputable shop nearby to have a mechanic check it over. That could save you thousands in repair costs. The shop may turn up a serious problem you won’t see.
- Make sure it has a clean title. If the used vehicle you like has a salvage title, you’ll save upfront but you’ll never recoup the difference when you later try to sell it.
- Reliability makes a big difference five years down the road. Spend $10 on a month-long membership to Consumer Reports and find their ratings on the model you’re considering. You’ll discover, for example, that the Mazda CX-5 has much better ratings than the Hyundai Tucson.
- Make sure it runs on the lowest octane. 30¢ a gallon adds up to a lot of money over the course of a year. (If you’re considering an electric car, this obviously does not apply.)
- Finally, have fun. I’ve shared many practical considerations. But it’s worth spending a little more for a vehicle you’ll enjoy.
Disclaimers: I am not judging you if you lease your vehicle! And as with many things, do as I say, not as I do… one of our two vehicles has all-wheel drive. (The other, however, has front-wheel drive with snow tires – and it works great in the snow.)
The dashboard photo is courtesy of Claude Gabriel on Unsplash and is used with permission.