What am I supposed to do? How am I going to afford it? What will I do then?

The question

What am I supposed to do if by the time I can afford a Porsche, gas prices will be too high that I can’t afford to even drive it? I will be graduating with my Masters degree in 2013. (No student loans or debt). I’ll get a job as a high school history/political science teacher. After putting money aside for about two years, I will be able to afford a used Porsche for about $ 35,000-$ 40,000. But if the price for a gallon of gas reaches $ 9 or $ 10, how will I be able to afford it? It seems the “granola heads” are pushing for electric cars and hybrid cars (none of which would come with a stick shift!) What then? Are the gasoline engine sports cars a thing of the past? The world is circling the drain, let me tell you!

Best answers:

how long does it take to get a student loan

You can buy a used Porsche for much less than that. I have a 1989 Carrera cabriolet which I would expect to get no more than about 20k for. It’s been well looked after and is in excellent condition so it would be a excellent buy for anyone, although I don’t plot to ever sell it! And if you’re buying a Porsche, trust me you’re not worrying about the price of gas. Or if you are, you shouldn’t be buying a Porsche because when they go incorrect, it costs huge bucks to fix them. Opportunely, the older ones anyway are extremely reliable. In the 12 years that I have owned this car, I can count on one hand the number of times I’ve had anything serious go incorrect with it. The most expensive was a transmission rebuild which cost about $ 6k. Other normal things are going to wear out with time, eg I had to have a new AC condenser place in last year and that ran about 3k all in. Bear in mind before you do choose to buy a Porsche that parts and usually labor too tend to be more costly than your Japanese or American equivalent. It is essential too that you find a excellent self-determining Porsche repair shop, never go to a main dealer. And no, I don’t reckon these cars are a thing of the past just yet. Maybe in 30 years or so.

Teachers don’t earn ALL that much and I really doubt that especially before you’re 30 you’d be able to afford it. Excellent luck!

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