I have always been a fan of Porsche’s, but these days, there is just more exciting cars out there to drive. I still have a lot of appreciation for the brand, don’t get me wrong. But I seem to get more excited by the profit I make off my Porsches vs how I feel when I am behind the wheel.
For example, I made just over $40k by driving a NEW Porsche 992 Turbo S Cab, want to know how, keep reading.
2021 992 Porsche Turbo S Cab
MSRP NEW: $215,000
Good Mileage: Under 3k
Options Preferred: Design package, Sound package, Crest on Seats, Carbon Interior, PASM Lowering, Sport Exhaust, and Matrix Headlights
Nice options (Not mandatory): 5 Star Wheel Pack, Extended Leather Pack
Warranty: 4yr/50,000 miles
Cost Breakdown
Purchase price: $235,000
Financing: Cash
Total payments: N/A
Other expenses during (4) months:
- Service: N/A
- Mods: $9,000 wheels and $1,500 suspension
- Repairs: N/A
Total Invested For (4) Months of Ownership: $10,500
Sold: $289,000
Total GAIN/LOSS of ownership: $43,500
GAIN/LOSS Divided into Monthly ownership: $10,875/month
Comments: Bought the car from Porsche Forums from a private seller who was struggling to sell due to low options. But most cars were selling for $50k over sticker at the time, so was still a good buy at $20k over sticker. Based on the low options, great color and added wheels, the car was a great buy for someone at under $290k when others were selling for $310k.