Sounds perfect for someone like you, lol.This quote is hidden because you are ignoring this member. Show Quote
Sounds perfect for someone like you, lol.This quote is hidden because you are ignoring this member. Show Quote
It's unlimited km's apparently. This service is basically 2x the TCO of a typical finance/lease. If you can go on it just for the summer months, it's worth it IMO.
In the US, looking at a 718 boxster, it's around $1000/month with $0 down. Tack on ~$250/month on insurance (it's a lot more expensive in the US) and you're sitting at $1250, or $15k a year to lease it year round. Not going to complicate things with storage charges for winter. Subsequently, at $2k a month for 7 summer months, you're ahead at $14k TCO. 8 months, down slightly down at $15k TCO.
For idiots like myself that carry the TCO burden of winter and summer vehicles, my lease costs double, so $30k a year. At this point, I'm well ahead by $6k using passport at $24k a year. Hell, I can pay $6k more and move up to a higher level of vehicle than I'm accustomed to. All this with the advantage of switching vehicles based on my mood, and not tied down to any particular model for at least 2 years.
So yea, there's definitely advantages to this depending on your situation. Of course, we'll have to see how they price it for Canada if it ever makes it here.
Originally posted by SEANBANERJEE
I have gone above and beyond what I should rightfully have to do to protect my good name
Yes. And after three years you're owned vehicle will be outdated and in need of service. Meanwhile the borrower will be in a fresh whip every Saturday.This quote is hidden because you are ignoring this member. Show Quote
It's certainly not an option for the modifier types, like the beyond squad. Isn't that the underlying undiscussed issue here? No stance for these mofcks.
Last edited by Tilly; 12-27-2017 at 12:43 AM.
Yeah for sure it is. Look at Apple Music, what a joke.This quote is hidden because you are ignoring this member. Show Quote
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You are SO on board with this!This quote is hidden because you are ignoring this member. Show Quote
I can get on board with this. $2000 and you just have to put gas in the damn thing? Budget baller fk yes!
You guys are nuts haha
I think it depends on what you want to drive and how long for.This quote is hidden because you are ignoring this member. Show Quote
I personally own 5 vehicles, the cheapest one being a Gtr so I can certainly afford most vehicles in the Porsche line up. 3 of my cars are due for service this spring, I have to carry insurance on all of them and the shittiest part is storage.
A program like this makes perfect sense for me as I constantly get bored and would likely save money in the end.
Since when do you have to pay cash for something to be worthy of it lol
Oh you didn’t pay cash for your house? Peasant. Lol
$2000 in the US, sooo $3000 here.This quote is hidden because you are ignoring this member. Show Quote
lol oh the horrors. I thought we all ballers hereThis quote is hidden because you are ignoring this member. Show Quote
This still doesn't make financial sense to me from any angle I look at it. Porsche resale + the steep cost of this program = Doesn't make sense all. Unless the next gen of 911s becomes the 996 version 2.0, or you're huge in to checking every option possible on something like a 4S convertible, you can expect to recoup most of your money even if you hold on to the vehicle for a full model cycle (about 7 years). 991.1s are still selling at cheapest for 85k or so, and u can pick a new one up for about 115k, so pretty good depreciation there. But if you did this program for 7 years, say its 2500 in canada for a package that gets u a 911... you'd have spent 210000 in 7 years. I dont care how much you bag your car, you aren't likely to do 100k in maintenance over that period, and then take insurance off the car the day before you ghost ride it in to a lake.
Plus Porsches are all about selling a car that is exactly like the last one you owned, so I dont even see the appeal of this to people that switch up their cars as fast as they change their underwear. They all have the same interior, same basic outside shape.
As said by someone else I also dont see this being a thing in Canada with Porsche storing a fleet of 911s and boxsters in winter, and storing a fleet of macans and cayennes in summer, or telling people sorry you were a little late in swapping in your base model cayenne for a 911 in spring, so now your summer car of choice is limited to a cayenne diesel!, or a cayenne diesel!... choose wisely! Although if I signed up for this I'd be the guy asking for a rwd 911S in winter (S cuz of the LSD).
I could only see someone doing this for a year, to try out the porsche life cycling through the entire fleet, and then move on never to return as they've moved on.
Last edited by zhao; 01-01-2018 at 11:17 AM.
The 911 option will cost $4000 cdn/mth. Nuts.This quote is hidden because you are ignoring this member. Show Quote
"The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."
-H.P. Lovecraft
If I buy a Boxster S and a Macan S out right at $80K each (not remotely close to loaded). I would be out around $40K in depreciation in 2 years. Add $4.5K of insurance and registration, you are looking at ~$45K for 24months or ~1800/mth.This quote is hidden because you are ignoring this member. Show Quote
So $2600/mth is more but I would assume there are administration overhead and potential hit on depreciation if they ever do this since it's basically like the domestics dumping cars to rental agencies.
The fact is how you are going to tailor to the future of vehicle ownership/timshare. Mercedes got car2go. Volvo about to release similar program. So all manufacturers got to figure this out as we continue to density into more urban settings and car ownership becoming less and less of a necessity.
Last edited by Xtrema; 01-02-2018 at 10:05 AM.
It's Porsche, not Hyundai. They wont come close to 50% depreciation in two years. Quick look at the Boxsters available and the 2013's and older are still going in the $50k range.This quote is hidden because you are ignoring this member. Show Quote
Example Boxster
I agree that this subscription service is a terrible idea from a financial standpoint though - just had issue with some of your marth
Edit: fixed link
Last edited by klumsy_tumbler; 01-03-2018 at 02:39 PM.
$80K Macan + $80K Boxster = $160K total. 25% depreciation after 2 year, hence $40K loss.This quote is hidden because you are ignoring this member. Show Quote
Ah, I see what you were getting at now... carry on.This quote is hidden because you are ignoring this member. Show Quote
BMW and Mercedes-Benz joining the subscription bandwagon
https://www.theverge.com/2018/1/16/1...auto-show-2018
In US only still initially my guess is?
They say "on-demand access" so to me it sounds something like car 2 go. Call a number and a driver will deliver it, find one parked in your area, or visit the depot, swipe your card, and away you go. I don't think you pick your car and then park it in your driveway and it is yours to use exclusively for a month.This quote is hidden because you are ignoring this member. Show Quote
Boosted life tip #329
Girlfriends cost money
Turbos cost money
Both make whining noises
Make the smart choice.
Originally posted by Mibz
Always a fucking awful experience seeing spikers. Extra awful when he laps me.
You can take a car2go for as long as you like. They just charge by the day.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by SEANBANERJEE
I have gone above and beyond what I should rightfully have to do to protect my good name