To want a Porsche?

No one is impressed by a Porsche SUV, could just as easily be a Hyundai at first glance.... you want, no need, a 911, thats the only Porsche worth having.

But in the UK, a total waste of time, poor roads, heavily congested and you could go to jail if you used just a small amount of its performance

Stick to a VW Golf etc.

That's not the point. It could backfire, as OP doesn't seem to know the car tropes.
Range Rover: Chelsea tractor, can't park for toffee;
Audi: new money, no indicators;
Lexus: drug dealer;
Boxster: poor man's Porsche;
and so on.

Is the OP coming back or was this just a waste of everyone's advice I wonder?

This 💯
By owning our home ( we have a mortgage ) it means ultimately we can leave the house to the children for whatever it will be worth when we're dead.
It should give them a few bob.
I know care home fees might swallow it all up but fingers crossed there will be something left.

Work on your self esteem. You don't need a certain type of car to prove anything. It's a highway to nowhere. Put the money into your house deposit instead.

I read what you said but you don’t appear to have understood what I said. Buying a Porsche won’t work for showing off because many people don’t see Porsche drivers the way the OP thinks they do.

How people view what you are wearing / driving etc. is fairly important when the reason for doing so is to impress people!

I must be old fashioned but buying expensive cars while renting to be is nuts.
Id always get property secure before spending on expensive cars.

Like a poster mentioned above...it isn't like the 80s..most cars on the roads are lease or pcp so not exactly impressive nowadays in the same way it used to be.

Did you read what i said?
"Buy your porsche and get on with showing off"

Its obvious why she wants it but its her money so why not

Definitely buy a house before a fancy car.
Buying a flashy car before a house just says terrible financial priorities.

The thing is though, the OP isn’t saying she wants a Porsche because of the engineering or the handling or similar. She says she wants a Porsche because of the badge and because what other people will think of her driving it.

It’s therefore hardly surprising that people are telling her what they would think if they saw someone driving a Porsche.

I've been considering a porsch but as others have pointed out, I've decided to get my next house sorted first. Houses with deposits, legal fees, decorating etc is expensive. That's before having a good pension, savings and emergency fund in place.

At the end of the day, as PP has said a porsch is just a VW - as nice as some of them are. Don't forget running costs.

I've had a few prestige cars and the down sides are jealous people/ vandals and not always being able to relax when parked in certain places when there's no other choice. Also, when alone I've been conscious of having a car outside the house at night that thieves may want the keys for.

I decided it wasn't worth the hassle.

Dont chase the badge. There's plenty you've got ahead of you that requires money and will give a better financial return. If a porsch is about your childhood I'd consider counselling...

A porsche will only impress wanna be rich people

It will also impress people who are into nice cars.

This!
I would rather own my own home than an expensive car. I know this is some status symbol to you, but nothing depreciates more than new car. its a waste of money.
If your rent is cheap thats great, but the landlord might want their home back or to sell one day. Its unstable and who wants to be renting for the rest of their lives?

A porsche will only impress wanna be rich people. So it depends what your end goal is.
To me a porsche doesnt scream rich, because i wouldnt struggle to afford it (well depends what kind of porsche of course). There is such a high price difference between the most expensive and the cheapest porsche 🤷🏻‍♀️
Most people i know who have money dont study other peoples cars and think “wow, a porsche, she must be doing well”
unless its a very special one.

Especially if you dont own your home yet, they will just think you have no clue how to handle your money.

Get a Porsche, then you will want a Ferrari, then get a Ferrari, you will want a Rolls...
Two cars in the drive & F all in the fridge springs to mind too.

This OP

aim for the stable home for your children.

I can relate to you as I also grew up very poor with rich peers. I wasted wayy too much money in my early 20s to try and compensate in some way.

cars depreciate in value houses tend not too, that’s if you are buying the car outright! If you’re thinking of doing car finance then def not! Some of those agreements are basically renting the car.

Please don’t buy a Porsche. I say this with kindness as I am from a working class background so I get it but there is nothing impressive about getting a Porsche and still renting a house. True success / wealth is owning own home, good pension, savings. We are wealthy. I have an old car as honestly don’t care about cars. My husband has a Tesla as it’s appropriate for him to drive an electric car with his work. We paid off our house, have brilliant pensions, ISAs, investments and travel a lot. Cars just don’t matter that much. Use the money to buy a house / get stability with savings / investments. A car loses value the moment you drive it off the forecourt

I totally get where you are coming from but I’m not convinced the car will give you the validation you need. It is a bit like young girls carrying around designer handbags that cost thousands but they live at home with their parents and can never dream of moving out.

you are doing very well for yourself but you need to consider you need to keep up the momentum. Save for the house deposit and those sort of costs.

i once bought myself a watch as a bit of a present to myself. Cost a few grand but gave me a bit of the validation internally that I had worked hard for something that was just for me. Watches also tend to hold their value well.

Putting aside the house issue and issues you need sorting with therapy..

I have a Porsche and love it but I wouldn’t buy one again.

They are expensive and depending on the model have a lot of issues do your research and basic maintenance is 20/30% more expensive.

Do not touch the electric ones - even on pcp your car is not worth the outstanding money owed.

They are not the car they used to be

Buy it if you really really like the car and not the prestige, but definitely go for a second hand model. Absolutely no point in buying anything younger than 3 years old unless you can claim it as a business expense.

Some interesting takes in this thread! Some practical, some envious. Wow.

As a car person myself, OP, I get it.

But, as others have correctly stated, a nice-to-have like this should come after you have all your financial ducks in a row and everything else is set.
Absolutely agree with the PP who said something like this should be a cash purchase - like any other treat (fashion item, bag, swiss watch).

Some models won't depreciate, some will even appreciate (although it sounds like you'll be looking at an SUV rather than a GT sports car, so yeah - you'll lose money). Maintenance is agonizingly expensive. Never allow yourself to get lured in by a bargain used car. "There's nothing more expensive than a cheap Porsche" is a term my mechanic uses.

But all that said, you need to buy something for the right reasons. If you want to make YOU happy and are doing it because it's something that has always been a "you" thing, then yes - if you're in a position to go for it, then go for it.
Don't do this to impress others, don't do it from a place of insecurity.

Only on mn would you read an audi is embarrassing and you can get a poor mans porsches...

Op why are you even asking here, surely you know mn is the most class obsessed site there is, full of posters asking how they cant afford kids whilst earning 100k a year?

Buy your porsche and get on with showing off

Research what model you buy, or petrolheads will mutter 'Poor man's Porsche' as you drive past.

An Audi is already an embarrassing try hard car. Please don’t waste money on a car when you don’t even own a home

Yes this is it.