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In the world of high-end sports cars, there are few more recognizable or admired brands than Porsche. This German manufacturer has a reputation for making some of the most elegant and thrilling performance vehicles in the world, regardless of price point. Unfortunately, as with many other exclusive manufacturers, that reputation comes at a cost — these cars aren’t inexpensive by any stretch of the imagination. With that said, they’re also not nearly as expensive as their competitors in the same segment. 

Depending on the model you choose to buy, a new Porsche can set you back anywhere from $60,000 to $200,000 or more. For example, a the entry-level Boxster — one of their most popular models — will cost you somewhere between $62,000 and $98,000 brand new. A brand new 911 Carrera will set you back around $105,000 (though you can find them listed for less than that if you look hard enough). Even their latest generation Cayman will set you back around $60K brand new. Read on to learn more about what it costs to own a Porsche.

Why Are Porsches So Expensive?

When you see the price of a new Porsche, the first thing that pops into your head is probably something along the lines of “How do they make any money on these cars?” Because Porsche doesn’t sell a whole lot of cars — even their entry-level models aren’t exactly cheap — many people wonder how they manage to stay in business. If only there were more people out there like you who were willing to break the bank on a sports car. 

Unfortunately, not everyone has the money or desire to purchase a high-end sports car, which is why Porsche sales have dropped in recent years. These cars are made with high-quality materials and they’re designed to last a long time, so you’ll probably end up paying around the same amount for maintenance and repairs in the long run as you would for a cheaper car that needed repairs more often.

Buying a New Porsche

If you’re thinking about buying a new Porsche, there are a couple of things you’ll need to keep in mind. The first is that a lot of dealers don’t carry more than one or two models at a time, so it’s unlikely that you’ll get to walk into a showroom and see a huge selection of cars. Your best bet is to find a dealer that specializes in Porsches and has a wide range of different models on their lot. 

Another thing to consider is the fact that when you buy a new Porsche from a dealer, as opposed to from a private seller, you’ll likely be offered a limited warranty that covers the car for two or three years. If you want to purchase an extended warranty that covers repairs for longer than that, you’ll probably have to pay for it.

What’s so special about buying new?

When you buy a new Porsche, you’re getting a car that’s essentially in the same condition as it was when it left the factory. You don’t have to worry about finding a clean car that’s been well taken care of. You don’t have to worry about repairs that have been done incorrectly. Everything has been inspected and repaired by trained professionals as necessary. You also don’t have to worry about the car having a bunch of miles on it right away, as many used cars will have more than 10,000 miles on their odometers by the time they sell.

Certified Pre-Owned Porsches

Porsche has its own program for selling used cars that are as close to new as possible. These cars are called pre-owned certified cars and they’re sold at a premium price. Porsche has a team of certified technicians who go through every car before it’s put on the lot. They’ll make sure that the car is free of defects, that it’s running properly, and that it’s in good enough condition to be sold as a certified used car.

Buying Used Porsche

Porsches are known to last a long time, and the older the car is, the less likely it is that you’ll have to deal with any major repairs. If you can find an older model that’s been well taken care of and has low miles on it, then you’re probably going to end up saving some money compared to buying a newer model. However, you definitely have to be careful. There’s a very good chance that you’ll end up with a lemon, even if you find a used car that’s been well maintained. Let’s say you find a used car that looks like it’s in great condition. You take it for a test drive and everything feels smooth. You’ve narrowed down your options to two cars, both of which are in great condition, but you’re still having a hard time deciding which one you want to buy. What do you do?

Porsche has a very high standard for the quality of every car they sell. Most of their cars are built to last for at least 10 years, and many models have a lifespan of 20 or even more years. That doesn’t mean you can neglect them. You should still follow the standard auto maintenance schedule and perform any repairs that are needed. If you’re planning to buy a used Porsche, then you should make sure that it’s in good shape. You may wish to hire a mechanic to perform a thorough inspection and let you know what repairs are needed. You also need to make sure that the car has a clean title, as it’s a sign that the car has no major issues.

How much you’ll pay for repairs and maintenance

If you’re wondering how much you’ll have to spend on repairs and maintenance with a Porsche, the first thing you’ll have to do is find out which model you want to buy. This will help you figure out what kind of maintenance and repairs you’re likely to deal with. For example, a 911 Carrera has a flat-six engine that’s known to have a few issues. If you decide to buy that car, you’ll want to make sure you have the money to regularly take it in to get the engine serviced.

Conclusion 

Porsche is a legendary brand with a very passionate fan base. If you’re lucky enough to be able to afford a Porsche, then you can choose from a wide range of models. There are both new and used Porsches on the market, and each one has its advantages and disadvantages. If you can afford a new one, then you can choose between a wide range of models with different features.

A Porsche is a high-end sports car that’s going to set you back quite a bit of money. However, these cars are designed to last a long time and they’re made with high-quality materials, so you shouldn’t have to worry about them breaking down after a year or two. When you buy a Porsche, you’re buying into a legacy. These cars are stylish and powerful and they’re a great investment.