MY WORST INVESTMENT | Buying My Dream Car, Was It Worth It? Porsche 718 Cayman S
10,560
Published 2020-11-11
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
All Comments (21)
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The only “cost of ownership “ video that touched on opportunity cost Great video and great summary.
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Great vid! This video motivated me to grind hard and reward myself from time to time. Looking forward to more videos from you :)
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Keep up the hustle my dude, bigger and better milestones to come :)
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Very impressive analysis and balanced vuew from someone so young. More power to you!!!!
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This is an excellent video, and touches on many excellent points around balancing investment in growth assets and joy. Love it. 👍
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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!
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Well said! What is money, when you don't have time to spend it 😅
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Another food video. Short and straight to the point 👍
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Great video Zeng =]!
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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.
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Incredibly inspirational 👏
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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. 👍🦘🇦🇺
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I loved hearing the comparison of ROI
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Pointless to save and save and die the next day for example. Live a little. One life!
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140k for a Cayman is a bit expensive. Could have gotten a base Porsche 911 brand new for a solid 15k cheaper.
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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 😃😃
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its the happiness that counts.. what u do with millions if u dont spend it..
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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.
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Amazing video
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Well done 🎩