How Much Does It Cost To Own A Used Porsche 911?

In this video I go over all of the costs I incurred while owning my 2009 997.2 Carrera 4S.
/ stuttgart_spotlight

[@jeholloway2]

Good video thank you for putting it out. I had a 2005 997.1. I purchased four years ago with about 38,000 miles on it and it cost me about $5000 a year over four years maintaining it.

[@Boxsterox]

981 Spyder bought new drove 8 years, 35k miles and sold for $10k less than paid. Only routine oil changes and couple sets new tires. 89 Carrera, drove for 2 years, put 10k miles, sold for $15k profit after all expenses. Price of entry is expensive in Porsche world, but cost of ownership is low if you buy the right car.

[@SamJD94]

Dave Ramsey approves this message

[@Stuttgart_Spotlight]

He would only approve if my income was above 7 figures minimum 😂

[@mariellarojas8562]

Cheap to own until you have to repair it either because it breaks down or you have an accident.

[@daguys30]

Great video and very interesting content. I think if you invested in a wearable microphone you would get more traction in your videos (not that it’s what you’re going for, but it’s really the only downside to your videos after I went back and looked at some of your other videos). I only comment because I really think you’re videos are interesting and feel that’s their only negative.

[@Stuttgart_Spotlight]

Thanks for the feedback! Always open to constructive criticism.

[@Dando77691]

A few big $ items were missed... 1) Property tax. Here in NC it's about $750/yr on a $70k car so that's $1,500. 2) Fuel cost. 3) Opportunity cost. Put that same $70k in a S&P 500 index fund and you'd get a tax deferred return of about 10%/yr, so $7k first year and $7.7k the second year for a total of $14,700 in lost income because that money was tied up in a car instead of being invested. Even if you compare it to the Camry, you'd still have $40k more tied up in the 911 which comes to about $8,400 in lost income.

[@Stuttgart_Spotlight]

1) It does not work like that in MN so that does not apply. 2) Fuel cost schmuel cost. 3) Every single dollar spent has an opportunity cost vs investment and that is an assumed compromise. You could also put 70k in the S&P500 and lose 10%. The intent is clearly to demonstrate direct cost of ownership for a used porsche.

[@Dando77691]

@@Stuttgart_Spotlight 1) Lucky you to live in a state with no property tax on vehicles. Wish I did. 2) "Fuel cost schmuel cost." - Love it. Wish my wife agreed. :) 3) Saying that you could also lose 10% if invested doesn't negate the subject of opportunity cost. You could also make more than 10%. For this reason, I gave the example of the average return of the S&P 500 over its lifespan since 1957 which is 10.26%. Investing in a broad market index fund is pretty safe and consistent in the long run. Ignoring this as a cost of ownership is a big mistake. Another way of thinking of this is that most people will finance a car instead of paying cash. Should they ignore the interest on their car loan as a cost of ownership? It certainly costs more to finance a $70k 911 than a $30k Camry.

[@Stuttgart_Spotlight]

@@Dando77691 Not denying opportunity cost is a factor, but it is not unique to this car. Buying ANY car or any item presents opportunity cost thus it is not included. Fun fact, during my 2 year ownership of the car the S&P went from 4319 to 4455 or a total of 3.1%.

[@detonator2112]

"Used 911" means so much more. You can buy three 997's for the price of one good 964/993. You can buy five or six 996's for that price. LOL. I own a 996 and I know... people don't love it that much but it has been a perfect car for me for 5 years now. They are cheap and will always be cheap, because the production numbers were so huge. 996 and 997 will never go up in value like the air cooled cars just because of that. But that's only a positive thing. Cheers.

[@YumboYack2521]

Look at 997.2 production numbers and re evaluate your comment.

[@RomanSpin]

@@YumboYack2521 70k cars was produced, and what does it mean?

[@Swolecat17]

997 turbos are going up I know cause I have a 981 cayman and I’m trying to trade mine.

[@MapleleafMur]

Enjoy your 996 b/c it works for you. Who cares what others think.

[@goatmonkey2112]

I guess it worked for Tavarish.

[@smxlad]

Stunning

[@MunchieFreak]

Great comparison video! How many miles had your Porsche 911 4S When you sold it ?

[@Stuttgart_Spotlight]

Thank you! It had just under 36k miles