sell my Porsche
![]() | Sell My Porsche
It was about 2 months back that I finally made the tough call; I had to sell my Porsche. It's a lovely car and I'm more attached to my Porsche then anything else, but the credit crunch was hitting my wallet in several ways, and cutbacks in my expenditure were called for. It was not an overnight decision, and despite serious efforts I could do nothing about the monetary mismatch. The only solution was to sell my Porsche, which was my most expensive overhead.
As I picked up the telephone to contact a dealer to sell my Porsche,
I changed my mind because I really didn't want to let her go. So I sat
down and relooked at the costs associated with having my Porsche. I
was hoping that something had changed overnight. The list began with
the borrowing cost. A Porsche is not 'just another car' and this
special tag comes with a cost. I had taken out a substantial loan to
buy her, which amounted to sizeable interest charges every month. The
next column was easy to figure out, it was the insurance fee, and it
was rather steep as well. The third category in the list was the taxes,
followed by the maintenance charges. While half of the maintenance
costs were planned and reported in the car owner's manual, there were
also the unexpected maintenance costs, and they could be very
expensive. Last but not least was the depreciation cost. As I relooked
at the figures they confirmed my decision; I had to sell my Porsche. |
