MY WORST INVESTMENT | Buying My Dream Car, Was It Worth It? Porsche 718 Cayman S

In 2017, at the age of 25, I became a self made Millionaire and purchased my dream car: Porsche 718 Cayman S.
It has been 3 years and it is time to analysis this once in a life time purchase.
How much have I lost and spent on this depreciating liability, and most importantly, was it worth it?
#porsche718 #worstinvestment #entrepreneur

[@athbhreith7391]

The only “cost of ownership “ video that touched on opportunity cost Great video and great summary.

[@zengzhao-wealthcreation9813]

Thank you for the kind feedback Doug! :)

[@stevelamb6720]

Very impressive analysis and balanced vuew from someone so young. More power to you!!!!

[@Miraclexxwishes]

Great vid! This video motivated me to grind hard and reward myself from time to time. Looking forward to more videos from you :)

[@zengzhao-wealthcreation9813]

Thank you! Keep grinding :)

[@peterfritzphoto]

This is an excellent video, and touches on many excellent points around balancing investment in growth assets and joy. Love it. 👍

[@neofaktion]

My dream car is also a 718 Cayman, which is why I ended up on this video. Hoping to buy one soon, even if I have to finance it!

[@rakchoudry3343]

Pointless to save and save and die the next day for example. Live a little. One life!

[@Justin-em8yi]

Keep up the hustle my dude, bigger and better milestones to come :)

[@zengzhao-wealthcreation9813]

Thanks brother! Loving the support:)

[@BadMannerKorea]

140k for a Cayman is a bit expensive. Could have gotten a base Porsche 911 brand new for a solid 15k cheaper.

[@wallochdm1]

ZZ. Why not buy a used Cayman and budget for repairs? Their value plummets like a stone after about 7 or 8 years because that's when the heavy maintenance starts. That would seem to be the smarter plan. Plus, the 718 has a 4 cylinder engine, depriving you of that magnificent flat-6 exhaust note.

[@zengzhao-wealthcreation9813]

Great points! I wish I saw this 4 years ago! Looking to get a GT4 next haha

[@strebrr]

Well said! What is money, when you don't have time to spend it 😅

[@zengzhao-wealthcreation9813]

Definitely! Without happiness then whats the point of life? 😂

[@markmccann1]

Another food video. Short and straight to the point 👍

[@zengzhao-wealthcreation9813]

Thank you Mark! More videos coming!

[@ImranKhan-sj6kz]

Hi there i am car exporter , let me know if you are interested in getting your desired car in good condition and reasonable price

[@KimXie]

Great video Zeng =]!

[@zengzhao-wealthcreation9813]

Thank you Kim!! :D

[@mjmorden]

So many valuable life lessons in one short 8 minute video. You should retitle it "Thee Video Everyone Should Watch at least once". I think we all can get caught up on "lost opportunity cost", but we have to remember, it is 'OK" to make that cash purchase you've been dreaming about since childhood. Otherwise, what is the point of doing any of this?. Allow yourself to enjoy things.

[@zengzhao-wealthcreation9813]

We only get one shot at life, balance is key!

[@jacksonlo1571]

Incredibly inspirational 👏

[@zengzhao-wealthcreation9813]

Thanks for the kind feedback! It means a lot!

[@keamiyahwalker523]

I loved hearing the comparison of ROI

[@nelsonbautista574]

its the happiness that counts.. what u do with millions if u dont spend it..

[@zengzhao-wealthcreation9813]

Completely agree, work hard to buy freedom, the freedom to indulge!

[@technician006]

You must have generous parents.

[@kaneiii3342]

Amazing video

[@zengzhao-wealthcreation9813]

Thank you so much! 🙏🏻

[@Omar54ssd]

2017 porche is 55.000 euros now

[@peterfritzphoto]

I found this video because I, too, want a 718 (still can’t decide between Cayman & Boxster) - probably next year for my 55th birthday. I’ve worked extremely hard for 36 years; made a lot, and lost it all (2008 crash & divorce). I’ve since built up my net worth to pre-crash levels, so feel it’s time to finally buy my dream car. Thanks again for this excellent video, and all the best to you in the future. BTW, I’m an Aussie, too - based in Melbourne. 👍🦘🇦🇺

[@joeharris2892]

same story here mate saw it buying it first drive will be out the door be careful at the dealership you may do crazy things lol

[@onpole01]

Interesting video but a few points. If we all acknowledge that buying any car is a loss making venture, how can you call it an investment at the same time? A brand new cayman s is not a car that will appreciate in value but I think you already knew/know that. You also stated it was a life long dream to buy an exotic car then you said later it was a spontaneous purchase? I fo like your assessment of what you could have done with tge 140k but, as a car guy, I absolutely get it ! Great car BTW...my dream car is going to be tge a45s amg in about two years time when it's depreciated 😃😃

[@zengzhao-wealthcreation9813]

HAHAA many good points there my friend! We can go for a cruise in 2 years time when you get your dream car, you will just need to slow down a bit in that monster 😂😂

[@lakebastreetrental]

You can make the money back relatively easily but impossible to make the time (and accompanying happiness) back. God bless us all.

[@TheSushiandme]

A car is always a money pit.

[@GCurtisJr]

Bruh…are my ears working or did he say he purchased a CAYMAN S for $150,000. That’s damn near GT3 pricing…

[@HarmonsHarbor]

Exactly. Must have had every option. The base Cayman is $63,000 or so. That with maybe a couple options is really all anyone really needs. The rest are just “wants.” The base Cayman makes the depreciation differences much more palatable.

[@AEMBowers]

LOL. Australian dollars, my friend. I at first thought the same, until I considered the accent and saw the steering wheel on the righthand side.

[@saviour3ts246]

Well done 🎩

[@zengzhao-wealthcreation9813]

Thank you kind sir!

[@Snoboxx2323]

you've already won by manifesting, achieving your goal and enjoying it in the present moment. which will last a lifetime in terms of the happiness and memories it's brought you. $ circulates.. I've felt the same inner accomplishment & gratitude with my Mercedes amg, & the journey she's taken me on, ppl met, getting to my destinations faster lol etc. :D

[@zengzhao-wealthcreation9813]

Hahaha mental health is just as important as financial health! What’s the point of working so hard if we can’t treat ourselves every once in a while 😎

[@zengzhao-wealthcreation9813]

My most profitable investment property! kzbin.info/www/bejne/j6OWdGewip1_mas

[@thinline8504]

okay china virus ... I'm bored after 2 minutes. he just talking, and I lost interest.