What salary do I need to buy a Porsche?

Your annual take-home pay would need to be almost $90,000 for you to afford this model comfortably. Before you commit to any Porsche, make sure that you do the math on your car payments compared to your annual take-home pay.

What is the average income of a Porsche owner?

“The average Porsche owner's household income is $511,000. The average Mercedes-Benz owner's household income is slightly over $250,000.

Is owning a Porsche worth it?

If you're in the market for a luxury vehicle with a sporting edge, a Porsche is almost certainly going to be a good financial investment. Almost all Porsche models are class leaders in their respective segments, which demonstrates the high level of trust that consumers have in the brand.

Is owning a Porsche expensive?

Among luxury brands (excluding exotics), Porsche is the most expensive luxury vehicle brand to maintain.

What is the average age of a Porsche buyer?

Now knowing that the average age of a Porsche owner is around 50 years old, you may be wondering in general who the main market for Porsche models is. Porsche shoppers are most often men with only 15% of buyers being women on average. Now, this doesn't mean that women below 50 can't buy a new Porsche 911.

How Rich Should You Be to Buy a New Porsche?

How much should I make to afford a Porsche 911?

Your annual take-home pay would need to be almost $90,000 for you to afford this model comfortably. Before you commit to any Porsche, make sure that you do the math on your car payments compared to your annual take-home pay.

What driving a Porsche says about you?

A Porsche lover is someone who is or wants to be successful. They are often quite intellectual car owners who tend to like to do fixes and improvements to their own car. A Porsche owner loves the sex appeal his car gives him and finds nothing better than getting a cheeky glance as they drive down the street.

Do Porsches break down a lot?

Porsche Reliability Rating Breakdown. The Porsche Reliability Rating is 2.0 out of 5.0, which ranks it 32nd out of 32 for all car brands. This rating is based on an average across 345 unique models. The average annual repair cost for a Porsche is $1,192, which means it has below average ownership costs.

Are Porsche cheap to maintain?

A realistic and affordable cost of maintaining certain Porsches is between $200 and $600 per year. This won't include taxes, fuel, and repairs on the bodywork. If you take it to Porsche or Porsche approved outfits the cost can end up being over $1,000. The Porsche Boxster is one of the cheaper Porsches to maintain.

Is BMW better than Porsche?

According to the J.D. Power 2020 U.S. Automotive Brand Loyalty Study, both BMW and Porsche rank high. In fact, both rank in the top five brands for luxury models: BMW Brand Loyalty: 45.1% Porsche Brand Loyalty: 44.9%

What is a poor man's Porsche?

The Cayman is currently marketed as the 718 Cayman T. And not only did it replace the Cayman as an entry-level Porsche, but it also inherited the nickname of the “poor man's Porsche” since its figures fall short compared to the 911 or even the Taycan, the electric sedan of the German brand.

Can a Porsche be a daily driver?

The Porsche Cayman is comfortable and practical enough to make a great daily driver. They are known for being relatively reliable, age well, and can make your mundane drive to work a real adventure each and every day.

Is Porsche better than Ferrari?

Both are incredible machines, but in general, Ferrari is faster (top speed), more luxurious, and more expensive. Having said that, Porsche is more reliable, practical, and lower maintenance costs.

Is Porsche a status symbol?

That it happens to wear the famed Porsche crest and thus doubles as a "status symbol" is neither coincidence, marketing hyperbole, nor social status delusion: its quality is precisely because it is a Porsche, and thus, its "status" is well deserved.

Is it better to buy or lease a Porsche?

If you are looking for a deal, it's better to buy. Better Leases are best on cars that sell below invoice and also have relatively high residuals. Good luck finding a heavily discounted brand new Porsche.

What is the cheapest Porsche?

What is the cheapest Porsche 2020? The cheapest new Porsche as of 2020 was the Porsche Macan with a starting price of $54,900.

How much is a Porsche tire?

Commonplace Porsche tires are priced between $150 - $350 per tire, however, High-performance tires can cost anywhere between well over $500. You won't typically need fancy tires, but you can call one of our Porsche trained advisors to find out more about the price of specific tires for your vehicle.

How much is an oil change for a Porsche?

Quick Answer. A Porsche oil change costs between $300 to $400 at a Porsche dealership. Expect an independent mechanic to charge you around $200 to $250. However, if you are somewhat handy, you can do-it-yourself (DIY) for less than $100.

Is a Porsche 911 A good daily driver?

Overall, it seems the general consensus is consistent among most members. Daily driving a 911 is fine, save for adverse weather conditions. There are a handful of people, though, that aren't afraid to load up their 911 with a roof rack and take it on a ski trip.

Is Porsche insurance expensive?

In fact, according to Automobile.com, the average annual cost to insure a Porsche vehicle is $2,342.87. CheapCarInsurance claims the cheapest monthly average is in Maine at $123, while the District of Columbia's rate is the most expensive at $347. The overall monthly average is $220.

How long will a Porsche last?

Porsches—hailed by car enthusiasts for their excellent German-engineered craftsmanship—are known for their long-term reliability and ability to perform well over time. In general, a Porsche can last at least 100,000 miles and about 9 years.

Is Porsche as reliable as Lexus?

The Porsche brand overall ranked as the second most dependable lineup of vehicles, trailing only Lexus, Toyota's luxury brand. But you don't have to buy a luxury car to get a reliable ride these days.

What kind of person drives Porsche?

Porsche drivers also want to be different from other drivers. Porsche is believed to be driven by men over the age of 50 in Germany, but there are constantly news reporting drunk 20 years old Porsche drivers having serious car accidents in the city center in the middle of the night with very high speed.

How do Germans afford cars?

To be able to afford their cars, the Germans take out loans to cover just under 30 percent of the purchase price, and used car buyers are just as likely to pay off their loans on time as new car buyers.