Cayman GT4 with 100k salary

>>17431953
It depends on how your finances are otherwise.

If you're in good shape financially and can afford that car, fuck it, go for it. I ALWAYS keep my monthly finances to a 50% ratio or less. Ideal is 40%.

(Mortgage + utilities + insurance + taxes/12 + food + gas + __________) / (Annual net income / 12)

Or, do what I did to get an expensive car... Save up and put a large down payment on it

>>17431953
Get a used cayman s my dude.

>>17431968
What do you drive if you don't mind me asking..

>>17431953
Looks great man! WHen you get it please post pics. Dont listen to those econobox-jews

If you can afford it, do it. It's not like it'll be hard to get rid of if you run into trouble. Delayed gratification is bullshit.

>>17431953
Maybe test drive it. Who knows, you might not like it then you won't have it eating away at your conscious

>>17431953
How good is your credit? How much would you be able spend as a down payment? How much would you have in the bank left over as emergency money for repairs? Can you guarantee your job security so that you'll keep making 100k throughout the time you pay for the car? And don't forget about the cost to insure it.

If I were buying anything porsche, I would make sure that I buy it with a warranty, and that I have at least $7-10k set aside solely as repair and maintenance money, and that I have a way of refilling this along with continuing to pay for the car.

Poster above has a very good point about keeping what you spend as less than 50% (or lower) of what you take in. If it's really your dream car and you feel comfortable with the purchase taking into account everything you have to spend and everything you may have to spend if something goes wrong, then go for it. You're only young once, enjoy it while you can. Plus a GT4 cayman might actually be an appreciating asset in a number of years

>>17431953
just get a used s or gts. it's 50-75% of the car for less money.

>>17431953
I have a salary in the low 100k range and I wouldn't feel comfortable with a GT4. That's mostly because I need to pay rent. If you have low housing costs then it should be doable.

>>17431984
07 Kawasaki Ninja 250 street fighter (I dropped it 3 times and the fairings were fucked)

Slightly off topic but; what do people think about the Cayman S prices, will they continue to go down? I feel like 25k for an early one is an absolute steal.

>>17431953

Buy my FR-S instead. It's basically the same car.

>>17431953
I make around 170k and I own a BRZ and a 390 Duke. If I was going to buy a new car I would consider a used Cayman, or perhaps a Corvette. I'd rather save and invest, so those cars represent a good value proposition to me while still being performant. I'm sure I could justify it if lust fueled my decisionmaking, but no car does that to me right now.

You can swing it OP, but think about what else you could do with that money, and maybe consider a regular Cayman. If you aren't going to track it this is even more of a reason against the GT4.

I make 5 million a day and drive a 3k civic. All of /o is rich oligarchs who drive shitboxes

>>17432145
Following up on my original post, save up until you can pay for it with cash. Then, if you still want to spend that sort of cash straight up on the GT4 you know that you REALLY want it.

>>17431953
same salary and im picking up a new 2016 Cayman GTS this week (there are still a few out there)

Not a GT4, but 1) I dont know manual, 2) where I drive for fun, its extremely windy/twisty and manual is not ideal - too much going on, 3) pdk is based, 4) GTS is cheaper

Also, went with new because I am concerned with owner history and whether the owners respected the ~2000 mile break in period. The used market is flooded right now with "company cars" and "executive demos" where you can be certain the car was tracked under 2000 miles and was beaten to hell. If you want to keep the Cayman, consider this as a big thing to worry about.

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>>17432178
>1) I dont know manual
If you have enough money for a Cayman GTS, you have enough money to learn manual. Not that you have to, but this just isn't an excuse. Start off in any used manual car, Porsche manuals are a breeze and some of the best.
>2) where I drive for fun, its extremely windy/twisty and manual is not ideal
That "too much going on" is called "fun" to people who drive manual on twisty roads. In fact, an open twisty road is the best place to enjoy a manual.
>3) pdk is based
Sure, but you wouldn't really know would you?

>>17432195
>anime poster

>>17432086

GT4 Cayman wont be appreciating once the 2019s drop (probably building in factory this time next year, and will be marked up a shit load by dealers), but for now, they are not moving much in price, same with the 2016 GTS' (last of the NA flatsix)


>>17432162

Good financial advice for most normies, but if you do stocks, put a hefty deposit on the loan and if you owe like 30k, you can make some tasty money in the market in a few months, making at least 5k with normie-tier stocks.


>>17432195

I thought about the manual and learning with a shitbox but does not interest me really, especially with my hills here and traffic if I want to daily it on occasions. I quite like the paddles.

I have driven several 911s with PDKs, I know how it feels/works.

>>17432204
Porsches are great cars with either transmission, but it's nice to know what you are missing out on.

>>17432202
>greentexting about animeposters on an anime website

Jesus what the fuck do you all do that everyone in this thread is making $100k +?

>>17432254
Can't speak for everyone but I am in systems/devops/SRE sort of work, I suspect it's mostly tech jobs.

>>17432254
Lie.

>>17432254
fed gov gravy train baby

>>17432108
so you're poor

>>17432254
software engineer in high cost of living area

>>17432277
aka bay area.

why are you scared to say it. We can't find your address you knob

>>17432360
no im in seattle you triple nigger

there is way more than just one high cost of living area

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>>17432367
suck my dick from the back you progressive faggot

>>17432254
Software engineer with a bachelors. Grossed about $110k my first year out of school and I live in TX.

Cayman? More like gayman lmoa

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>>17432373

>>17431953
The GT$ is kinda dumb. It will lose value like a rock if you rack up the miles. I would buy a car that don't turn into a financial turd if I actually drive it.

>>17432275
Ur just bad at budgeting. I make $137,000 a year.

>>17432413
>mixels

if you want it then get it

>>17431953
Aren't these things selling for like $150k-$200k? They sold out and sky rocketed in value

>>17432202
>anime message board

>>17432254
Mech Engineer. Made 120k out of school and I live in a state with low COL

>>17432973
Nope. Low 100-110k

>>17432989
>spending your entire yearly income before taxes on a weekend car
My dad's a financial adviser, I think I understand when he says that a people who make 4 times as much as him are poor

>>17433000
People don't know how to handle their money. Nobody ever taught me. I had to stumble upon it. Once I learned the ins and outs, my mind was blown. Most people waste so much fucking money it absolutely unbelievable. And that's coming from someone who just bought a new car.

>>17431968
>>17432108
>buys "expensive car"
>car = cheap bike

Wut?

>>17431953
wait a couple years and find a nice used one?

>>17431953
How much do you have saved up OP? I bought a $50k car and could've paid out of pocket but didn't feel like taking that much of a hit on my bank account at the time so I put either 20k down and got a 30k loan or 30k down 20k (it was 4 years ago) then wound up just paying off the loan fast as shit. Said fuck it due to extra interest and had the money anyway.

>>17433142
Please show us the light

lmao. what do you people spend your money on? 100k a year and you can't afford an entry level sports car? oh ya, those must be reserved for millionaires.

you must be really screwy in your finances to think that the purchase of this vehicle would affect your life. like,how have you not been able to save money to put down on this car with that salary???

>>17433362
You've probably never made 100k in your entire life. 100k is entry level for sports cars? Are you old enough to be posting here?

>>17432277
>>17432386
>>17432980
Can I ask you guys a few things about engineering?
I want to do mechanical, and ill be doing a bridging program, so i'll get a degree and a diploma.
Can you guys give me some insight and/or advice? I'd be really greatful

>>17433389
Software doesn't have much to do with electrical but I'll try to answer your questions.

>>17433389
>>17433440
I mean mechanical, not electrical, it's late.

I would buy the car only if you plan on keeping it forever. At 100k salary, you can afford the car. You won't be able to make multiple big purchases, but 1 or 2 is ok.

>>17431953
>Save $1000 a week
>Wait one year
>$50k down payment
>~$1,000 monthly payment on a 5 year loan

That's what do

Actually I think my Porsche has saved me money over time. When you own a Porsche, you can literally have any other car with it. My beater car is a 1998 Honda civic. In the time since I've had the cars, my neighbor has gone through several BMWs.

>earn 35 k a year in europe (is decent payment)
>buy a used bmw 5gt 1yo 32500k
>order 2nd key
>key doesnt work, VIN is changed in chassis
>go to police
>car hets Confiscated
> i dont know if i ever get it back

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>>17433440
>>17433443
Ok, sorry for the late reply, but here are a few of my questions

what school did you go to and what was the program like?

What would you say is the hardest thing about engineering in general?

Do you have a P.Eng? and if you do, how hard was it to become one?

Finally, what other engineering fields should I look into? I would like to do mechanical engineering, but I have also been looking into Mechatronics and Software as well.

>>17432254
Doctor

>>17432254
Asset management

I love the GT4 but I can't see myself spending that much on a car, period. Maybe a 987 or 981 Cayman S in a few years.

>>17432254
Im a rodeo clown so Im loaded

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>>17433475
>buying a sports car
>on a five year loan

>>17434921
I did with mine...
because 0.0%

>>17435015
well in that case why not

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>>17432145
>tfw make 166k and drive a 18 year old shitbox

If I wasn't saving up to retire at 40, I would totally buy a porche.

I earn 180k a year and i drive a 2004 prius

>>17435103
You could get a 986 or 996, they're not exactly expensive.

>>17435103
More like $16.6k

>>17434755
>Baylor
>the mathematics holy fuck. Everything else was fine as long as you kept up with it
>no. I'm fresh outta school
>aerospace and petroleum.

>>17435183
nothing wrong with that. You probably don't enjoy cars and thats fine.

some of us do.

sorry yeah i'd say crazy. even if you make it past the list price look at the MPG.

also like people have said why not consider a tesla if you really must spend that money?

>>17435558
You're literally the first ITT to even mention Tesla, and that's a completely different type of car than a fucking GT4.

Your networth is what you should be considering; not your salary. If your networth isn't north of 500k; don't fucking do it. Get a cheaper used Porsche and save for a house.

>>17435558
If you can actuall afford a GT Porsche; a few thousand extra a year on gas or a few grand for a daily driver are no big deal.

One thing you may want to seriously consider is that their value is about to drop. For a long time they were fetching more than list price, but that is all becasue it was the only manual you could buy with GT written on the back of it. Now they are selling the current gen 911 GT3 with an optional manual box, GT4 prices will fall a bit. They wont tank, but it will be significant.

>>17435753
Good luck finding a build slot for a new 991 gt3 lmao

>>17435753
>GT4 prices
>ever dropping

The only reason people are pissed about the GT3 is because it undervalues their 911Rs that they were going to flip, or people who over paid for a 911R

>>17435610
This is the issue, he can't afford a GT porsche.

OP if you can't afford to buy it outright with savings you've put away over the time you've lusted for it (While also putting some savings into regular savings too) then you can't afford it.

>>17431953
M I A M I B L U E

Seriously, the new cayman in miami blue is top 3 aesthetic porsches ever made and from what I hear handles like sex.

>>17432367
Seattle is NOT a high cost of living area.
Infact, in a pretty comprehensive study of software engineer salaries vs savings done by Glassdoor, Seattle came out as the best City to live in from a savings perspective.
You want high cost of living? Move to LA

>>17434755
>what school did you go to and what was the program like?
UT Austin for electrical/computer engineering, my job is software engineering though. It was pretty difficult and I felt like a retard all the way through but a good deal of what I learned has direct applications in the industry and Austin has a ton of companies hiring engineers which is great for internship and job searching. I got several internships and my job through the engineering career fair there. Highly ranked programs also don't bend to the will of textbook publishers near as much so, for the most part, you don't have to deal with giant bullshit fees to turn in homework online and such, they have their own shit for that. People like to say that where you go to college doesn't matter, but for internships and first jobs it most definitely does.

>What would you say is the hardest thing about engineering in general?
Mostly math. Junior and senior year the concepts got pretty gross too, but I spent the most time fretting over math and physics.

>Do you have a P.Eng? and if you do, how hard was it to become one?
No, fairly recent graduate so not an option yet, and not really a reason to if you stick to computers and software. I might get mine anyways later on though.

>Finally, what other engineering fields should I look into? I would like to do mechanical engineering, but I have also been looking into Mechatronics and Software as well.
Depends on what your interested in, most engineering fields will pay you enough to live comfortably with plenty of toys, but some will still pay quite a bit more on average than others. Just do your research and make sure you have realistic expectations of what you'll actually be doing day to day once you graduate. Also where you are in the world determines pay to some extent as well, companies in the US tend to pay a lot more, even after you factor in cost of living, cost of health care, etc., than most other places.

>>17432254
Creative Director - 135/yr and I drive a 99 M3.

OP would be wise to slow his roll.

>>17437013
what kind of roll do you think he has which he should be slowing? we talking dinner rolls? kaiser rolls? fucking, bulkie rolls?

>>17431953
Live in it

>>17436955
You can still live for cheap in LA. On the SF Bay peninsula or in the city itself median home price is $1.2 million and 1 bedroom apartments rent for around $2200 a month. For under $600k home or under $1200/room you are minimum commuting 1.5 hours each direction. You can live for cheap in LA in Long Beach, North Hollywood, etc. and be 30 minutes away from work.

>>17431953
the GT4 is already too overpriced, look for a Cayman S with a 6-speed manual, its only 35hp shy of the GT4, its not the NA god machine but it also has some advantages

>>17432126
Better 25k for a Cayman than for a BRZ

>>17432126
It's a lost of car for the money, but so it a C5 Z06 or C6

Comes down to preference really

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Gt4??? Buy a Cayman R,my friend. They will never go down in value.

>>17432254
Its mostly Americans, 100k may seem like much but they still have to pay health insurance, pay for the college debt and other ridiculously expensive things.
In europe with 100k/year you have enough money to not worry about owning 3 porsches

>>17433362
Shh its americans with their freedums

>>17437588
Most people making 100k+ get free or very heavily subsidized insurance through their employer. I pay like 40 bucks a month for full health, dental, vision, life, d&d, extended illness, etc. Plus unlimited pto... 401k.. annual 8% bonus.. 4 months pcl.. cold brew keggerator.. free smoothies.. monthly happy hours.. etc etc. I also work 10-4 and take an hour lunch. Europe sucks.

>>17437588
>100k ~ 6k/mo take home
>enough to afford 3 $1,800/mo cars

No wonder yurop can't into economies

>>17432202
>chinese cartoon image board

>>17437713
Its not a 911
And 100k after taxes is 7200$/month
I can rent or pay the a nice house for 1500$/month
Also 1000$/month for each car theres a lot left to pay your bills a live a wealthy life

>>17438747
LOL sorry but you have no idea how things work. You're never going to be rich blowing 1/2 your take home on cars.

Poor people are so funny.

>>17433264
It's not too hard honestly. Eating at restaurants and packaged foods is a huge money suck. Cook as much of your own shit as much as you can. Invest some of your earnings every month. Live close to work. Maintain a credit card but pay it off every work. Give yourself a cash allowance every week and leave the plastic at home. Etc.

>>17438791
cars are never a good investment, i was just saying you could without worrying about it, not that you should
My point is that the income in america cant be related with the income in europe.
Since everyone has those really high salaries everything is also really expensive, not in yurop, if you earn 7000€/month you are earning like 4-5x more than the rest of the population.

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Tesla might be better.

>>17438747
Your numbers are all wrong. It's painfully obvious you don't know what you're talking about.

>>17438747
100k after taxes is $6184 and that's only if you live in a state like Washington with no state income tax

>>17432254
Patent Examiner. $100k in the south and you live like a king. My other coworkers are stuck in DC where the cost of living eats you alive.

>>17440851
this
enjoy your death by snap oversteer while trying to keep up with a pigfat 7-seater family sedan, OP

>>17440851
I'd still rather have the porsche

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>>17438747
how is 100k a year 7200 a month after taxes? its MAYBE 5500, and that's putting a very modest 5% into your 401k.

speaking of 401ks, you dont get to make 100k a year by being short-sighted and stupid. you make it by planning for your future. when youre making that kind of money youre smart enough to be investing a very large chunk of it. you dont see cars like poor people do, you see them as depreciating assets, and you think about how much better that money would be spent in your portfolio. a 200k car in 10 years will be worth half that if youre lucky. 200k in your portfolio earning 7% a year will turn into 400k in 10 years, 800k in 20 years, and 1.6 million in 30 years. factor in opportunity cost and that 'affordable' car is costing you much more than you think.

lastly, how much do you think a porsche costs to not only finance, but maintain, insure, garage, repair, etc? you think it's like your base model civic where you buy it, pay $400 a year to insure it, park it on the street and pay jiffy lube to change the oil once a year? shits way more expensive than youre giving it credit for.

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>>17431971
Cayman Ss are worthless. GT4s are worth something.

That's like choosing a 325i over a 2003 BMW M3 CSL when they were sold new. A BMW M3 CSL STILL holds an $80,000 premium in 2017 markets. The Cayman GT4 is the modern M3 CSL.

>>17441333
shit my dude, what about a normal bmw m3?

nothing?

gee thanks

>>17441333
>GT4s are worth something.
That's why OP can't afford one

>>17440971
>>17441252
What? I meant 100k after taxes, because taxes depend on country and or state
I mean 100k as in net income

>>17441252
Theres a lot of implyings there m8
>if you saved all the money u spend on cigars you could afford a porsche
>if
>if

>>17440932
What if they were never supposed to be right? That was never my point since i can only speak for my country.
Where i live a good salary is something like 40k/year after taxes, that might seem low but since here I can ensure a Porsche Cayman for like 300€/year, tax it for 400€/year.
To rent a nice apartment for a family of 4 it costs something like 800€/month
Wealth also depends on the cost of living.

>>17441845
100k net is a shitton more

>>17441845
literally no one who talks about salary is referring to post-tax income. when people say 100k a year, that's understood to mean base, gross salary. if you're claiming to have been talking about net take-home then you're the first person to ever do that. you should have made it explicitly clear.

not to mention, 100k net is 8333/month. you said 7200. why did you subtract 14% from your take-home figure if that's what you were talking about? ill tell you why, because you weren't talking about net income.

>>17441856
really, really struggling to understand how you could have gotten that from my post.

>>17441252
My 2016 Cayman GTS is worth 30k more than my rs5 and costs 20$ less a month to insure.

Go figure.

>>17442201
Why do you feel the need to lie on the internet?

>>17442204
What would you like proof of, Anon?

>>17432927
>makes $137,000 a year.
>Has a $500 motorcycle

>>17442205
Do you really need to ask this?

These threads always get too many replies. Anyone with enough money for a car like this doesn't need /o/'s advice on whether or not they can afford it.

>>17442209
I pick up the GTS tomorrow, will have a nice pic of both side by side for you. Stay tuned here this time tomorrow

>>17442234
>no proofs

>>17442201
why do you think comparing the insurance rates of one luxury performance car to another has any relevancy to my post? lets be honest here, you only posted that to try to humble brag about the new porsche youre excited to pick up tomorrow. not that i blame you, id be excited too.

although for the money id never have even considered either of those cars. one mid to high 12 second naturally aspirated car to another. except now you have less power and a lame sounding v6. oh but its lighter and will attract more attention. either way, good for you.

>>17440851
The required sucking of cocks is a bit of a turn off though. Plus once you own one you have to talk about it non stop and I just don't have the time for that.

>>17442111
Because from where im from you get 14 months a year
Double salary before summer vacations and double salary before christmas
100k/14=7150
I dont usually talk about salaries but why shouldnt i always talk about my salary has net income? Just to seem like you earn more than you actually do? Ita an american thing isnt it?
People around me when they talk about incomes, talk about net incomes

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>>17442574
where do you live where you get 14 months a year? do you age quicker? do you have to qualify your age like you do with animals (ie dog years)

>>17431953

thats a fucking stupid idea

I did a similar thing. I don't make a lot ($67k CAD) and I bought a new 2017 STI for $49k tax in, financed at $320 bi-weekly for 5 years.

I regret NOTHING. I live at home, so I consider my car payment my rent.

I wanted one for so long, and then one day I just up and bought it. I am just so happy all the time now.

>>17442728
Move out you fucking loser

>>17442747

brush have you seen canadian housing prices

>>17442234
We'll all be waiting

>>17442612
Most contries in europe have their salary divided in 14 months, and get 2 months double the salary.
See now you learned something on 4chan, you are welcome.

>>17442728
How will you feel when you finally paid those 50k and now your car is worth 5k?

>>17432108
Is this bait?

>>17443846
Not him,

But it's all in the game, yo.

>>17441369
I guess a GTS is like a regular M3?

>>17435558
People who are interested in Porsche are usually auto enthusiasts. Thus they look at Tesla and see nothing but cheap gimmicks on an overpriced Taurus where the marketing tricks stupid people into thinking its a luxury executive sports car.

>>17437013
What age did they bump you from Art Director to Creative? When did you feel you were ready?