I don’t throw money away bro
Learned that from people who have lots of it
Why throw away 40-60 k when I can get some car which is still new if under 10 k miles
You realize a 2020 model is released in 2019
So they always got people playing catch up wanting newest model
Not me
I don’t plan on upgrading I plan on keeping it till it falls apart
Service on porche is every 20 k
A new car isn't throwing money away. It's all relative - someone that earns $150k a month isn't going to buy a 2nd hand car. That doesn't mean they are stupid or that the instant depreciation on buying a new car is throwing money away, it just means it's not enough to worry about. The idea that savvy, rich people buy 2nd hand cars isn't something I've witnessed.
The big benefit of a new car is that you know its history, you know how it's been taken care of, you know how it's been driven. If some hot-shot sales guy had a Porsche and then got his ass fired - how will he treat that car before returning it? How do you know the 1 year old car you are buying isn't one that kept going wrong from day 1 and the owner finally had enough?
The first BMW I had, the gearbox went in 9 days & I got a new car from them. That 2nd car - the gearbox went in 6 weeks - I got a 100% refund. With that refund, I ended up persuading them to give me a totally different model (with a different gearbox and a 3 month money back guarantee) at a massive discount.
I then had 2 fuel pumps go - which run at around $1,200 each & I got full replacements - so to me, the full warranty is important.
New car basically stops you from getting screwed and having to deal with all the shit that follows. Even with lemon laws, you are looking at a bunch of stress. Buy a car from the main dealer - they take care of you because they want to sell you the next.
Right now - with interest rates close to nothing - you also should take main dealer financing. Even if it's just 20% of the cost of the car - because if the dealer doesn't do you right - you can stop paying for it - and that wakes the fuckers up when the finance company calls corporate.
As for running it into the ground, that can be costly. These cars are jam packed full of tech. There's a ton more stuff to go wrong than in a Toyota shitbox. Parts are VERY expensive and engineers that can fix a car like this are not common. To repair a high-end car needs a lot of diagnosis equipment. So as it gets older and repairs become more frequent - you can run into some very hefty bills. A wind mirror on my Beemer is $700, fuel pump $1,200 - new oil pan recently was $500. Plus - where I am - some parts have to be shipped from Germany as they don't stock everything in country. This part of your idea is where you will be throwing money away
If you are saving up to buy this car, that does imply you are stretching yourself to get it (I could be wrong). IMO - it's not worth it.
