75-80k to spend on a toy

GeoffCapes

Member
Messages
14,000
Do you know the way to get around a redemption fee?

Read the terms and conditions. What you'll find is that it will say over what period the 7% is charged on the remaining balance. Find that number, let's say it's 3 months. Then pay off all but 4 months worth. Let's say that leaves £8k in the mortgage account... The 7% is then charged on that amount. Which is £560.

And with the £29.5k he's just saved he could buy an early GTS; win-win.

Makes perfect sense.

However, leaving only 100k in a mortgage and getting a 75-80k motor works as well.

A house he is building currently already has a buyer, so he should pocket 100k+ for that next year.
So his mortgage is covered either way.

He likes the idea of putting his Nan's money to some 'irresponsible' use as apparently she was a bit of a 'wild one' when she was younger. Whatever that means!
Rumour has it that she was a firm favourite with the American GI's in WW2.
 
Messages
1,117
Now that is a beauty......I do like Porsches. Never driven one that didn't excite. All this thing about no soul I never get...Porche make great drivers cars and they sale do something that the the Italian Supercar makers struggle with. Great cars for everyday use as well.
Add a nice Porker to your list of past cars.....you know you want to and you wont regret it if its a Mezger Turbo, GT3 (GT2 too scarce - but a fantastic investment car) or 997 gen 2 onwards GTS. You only live once.
 

Felonious Crud

Administrator
Staff member
Messages
21,013
Love your car though, apart from the lack of colour.

Do red callipers and stripes on the side strakes count as colour..?

Good point re the MC12. It's probably one of the least usable road cars ever. Unless you really like the sound of scraping carbon.
 

Oneball

Member
Messages
11,075
Do red callipers and stripes on the side strakes count as colour..?

Good point re the MC12. It's probably one of the least usable road cars ever. Unless you really like the sound of scraping carbon.

I’m just not a fan of white cars. This on the other hand...
62694
 

Andyk

Member
Messages
61,039
I’m just not a fan of white cars. This on the other hand...
View attachment 62694

Was looking at that with my son the other week....Its a lot of money but pretty individual with its spec......It has the power upgrade to 600 bhp and the noise was just like nothing else when they started it up....
 

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