We get lots of questions from readers wondering if they can “afford” a Porsche? Usually, they’re referring to the actual purchase price. We’re always quick to remind them that if they’re wondering if they can afford to purchase a Porsche, then they definitely need to take all the other costs of ownership into consideration. After all, the initial expense of purchasing a Porsche, or any car for that matter, is just the first factor of many in determining its “affordability”. You can’t forget about items like insurance, gas, routine maintenance, tires, etc. All of these can add up over the course of year and really increase your total cost of ownership.
The video above is a straight forward, no nonsense approach to looking at the costs associated with running a 2013 911 (991.1) over the course of 14 months. While some of the numbers won’t work for everyone (items like insurance and fuel costs vary greatly depending upon where you live) and I’m not sure his comparison to the AAA numbers is 100% (as the depreciation curve between a used car a new car is considerably different) it’s still a good indication of what to expect. The only other factor to keep in mind is that the 911 discussed in this video is Certified Pre-Owned. That means that all the smaller problems he’s had with his 911 were covered under warranty (and there were quite a few of them).
What do you think, is this a fairly accurate representation of the cost of ownership of a more modern 911?