Considering a Porsche Taycan 4S as a Pick-Me-Up

Hello everyone,

I’ve been facing some challenges in my personal life, including recovering from a shoulder injury and a recent breakup. I’m a 31-year-old computer engineer and currently helping my parents with their mortgage while living at home. I drive a 2023 Model 3 Performance but have been considering getting a used Taycan 4S, which I’ve had my eye on for a while. Financially, I have $50k saved, which I was planning to use for a house, but I’m tempted by the Taycan due to its significant depreciation. Do you think purchasing this car could be a good move to help lift my spirits, or should I focus on other priorities?

Thanks for any advice you can give!

Purchasing items during tough times isn’t a solution. Focus on recovering from your surgery and maybe explore new social venues or hobbies instead of a new car. Also, considering your financial goals, it might be better to prioritize long-term investments like property over a luxury car.

@Ash
Thanks for the perspective. I realize I might be trying to fill a void with something material, which might not be the answer I need.

Ocean said:
@Ash
Thanks for the perspective. I realize I might be trying to fill a void with something material, which might not be the answer I need.

Consider talking to a professional or joining groups with similar interests. It could provide more sustainable fulfillment than a new car.

@Ash
Absolutely, therapy has been incredibly beneficial for me.

Ocean said:
@Ash
Thanks for the perspective. I realize I might be trying to fill a void with something material, which might not be the answer I need.

How about planning a solo trip? It might give you a new perspective and a break from the routine.

Prioritize your foundational needs first, like a home. A dream car should come after establishing financial stability.

If the car has been a dream for a long time, it could bring joy and a sense of achievement. Just ensure it doesn’t compromise your financial goals.

Focus on personal growth first. A car won’t change your life’s challenges. Build stability, then indulge.

Life is short. If the Taycan brings you joy and you’re financially prudent in other areas, it might be worth considering.

Jordan said:
Life is short. If the Taycan brings you joy and you’re financially prudent in other areas, it might be worth considering.

It’s tempting for sure, balancing joy and responsibility is tough.

Consider less drastic ways of fulfilling your car passion, maybe through car meets or short-term rentals, until you’re more financially settled.

Vic said:
Consider less drastic ways of fulfilling your car passion, maybe through car meets or short-term rentals, until you’re more financially settled.

That’s a good idea, less commitment but still gets some excitement.

While the car might not solve emotional issues, it could serve as a reminder of your hard work and achievements.

Mary said:
While the car might not solve emotional issues, it could serve as a reminder of your hard work and achievements.

Sometimes, it’s the small joys that help us through tough times. Just be sure it’s for the right reasons.

A Porsche won’t fix underlying issues. Work on yourself first, the car can wait.

If the car makes you happy and doesn’t hinder your other financial responsibilities, why not?

Set up your life first—house, savings, debt-free. Then get the car without any regrets.

Buy the car, enjoy life. Just make sure it doesn’t interfere with your long-term financial health.

Reconsider if this is an emotional purchase or a well-thought-out decision that aligns with your financial goals.