Age of Average Porsche Owner

livewirevoodoo · livewirevoodoo's Garage

Thought this was pretty interesting..

http://www.autoweek.com/news.cms?newsId=102034

The average buyer of the Boxster is 42. People who buy the Cayenne SUV have an average age of 45, while 911 buyers are, on average, 49.

Makes sense though, given the cost of a late model Porsche. You'd either have to have a gang of cash or some pretty solid equity to afford one. I can't think of any other manufacturer with the average age of buyers so high, except for maybe buick or cadillac.

speedracing944 · speedracing944's Garage

I remeber reading the average income for a Boxter buyer was $175,000 a year. The 911 buyer was averaging $200,000 a year.

legion · 03-23-2005, 05:51 AM

Mercedes Benz averages are in the 50's.

bryanthompson · bryanthompson's Garage

It makes total sense to me, but how are the classics factored in there?

What about 914 owners or pre-1990 911's?

livewirevoodoo · livewirevoodoo's Garage

Quote:

Originally posted by bryanthompson
It makes total sense to me, but how are the classics factored in there?

What about 914 owners or pre-1990 911's?

I dont think they are. Not into that particular statistic. I think they are talking about strictly off-the-lot from the dealer.

Older models, classics, project cars, etc... I think that is a whole 'nother demographic.

iobound · 03-23-2005, 06:57 AM

I think a coupe slotted below the Boxster selling in the mid $30k range would boost sales, and lower the average age of ownership.

I also think a sports wagon would be good. I have a couple of kids and I would sell my Volvo V70 in a hearbeat if Porsche made a fast wagon with some space like the V70.

CJFusco · CJFusco's Garage

okay, so these are the average ages of NEW Porsche owners, which is based largely around yearly income... but what about used Porsches?

I would bet the average age of a used 944 owner is about 28 or 29, and the average ago of a used SC/3.2 Carrera would be about 35 or 40.

iobound · 03-23-2005, 08:47 AM

CJFusco, I don't think so. The purchase price of a 944 or SC is low enough for a 20-something person, but the maintenance costs are too high. The older Porsches are labor intensive cars to work on that also have high parts prices. Younger guys/girls couldn't afford the upkeep.

livewirevoodoo · livewirevoodoo's Garage

Quote:

Originally posted by iobound
CJFusco, I don't think so. The purchase price of a 944 or SC is low enough for a 20-something person, but the maintenance costs are too high. The older Porsches are labor intensive cars to work on that also have high parts prices. Younger guys/girls couldn't afford the upkeep.

This is true.. But balance that assumption with no lease or car payment, and alot of DIY'ers, and its not too bad.

CJFusco · CJFusco's Garage

Well, I am only 24... and bought the car when I was 19. Not only that, but many of the 944 owners I encounter (MikeCT, mike944, bluebullet...) in this area are under the age of 30.

Anyhow, I would be willing to bet that the average age of a 944 owner is lower than that of a SC/3.2 owner

bryanthompson · bryanthompson's Garage

I'm 20, had the car since I was 18. I think wanting to do the maintenence yourself is a huge factor.

CJF, you look way younger than 24. From your pic, I thought you were 18-20

livewirevoodoo · livewirevoodoo's Garage

under 30.

CJFusco · CJFusco's Garage

Well... considering that I'm robbing the cradle a little, I think it's okay that I look 18-20... keeps her parents from asking questions

(don't worry, everything is nice and legal)

iobound · 03-23-2005, 10:21 AM

I also bought my first Porsche when I was in my 20s - 28 to be exact. I agree with an earlier post that it depends on the young owner's willingness to do the work his/her self AND having a garage or someplace to do the work. Not to mention a spare car. When I was 28 my 911T was my only car. I couldn't get to work if I took 2 or three evenings to replace the clutch.

CJFusco · CJFusco's Garage

i think it is very important to have a "beater" to fall back on when one owns an old Porsche... that way you can take the time to do the work yourself and not have to rely on writing checks to the mechanic in order to get the work done quickly

auh · 03-23-2005, 12:33 PM

I got my first porsche when I was 18, the 914. Kept that for a year until it was getting too expensive to keep up, then I sold it and bought my 944 for my 19th b-day and so far it has been a lot cheaper to maintain than the 914.

legion · 03-23-2005, 01:10 PM

26 here...bought it when I was 25.

I do write checks for some things...(like valve seals) because I wouldn't want to attempt them without supervision from someone who has done this exact job before. I wouldn't hesitate to do the work myself on my F150. I always weigh the cost of screwing up against the cost of paying someone else. I think my caution comes from working on ungodly complicated computer systems every day...

livewirevoodoo · livewirevoodoo's Garage

Quote:

Originally posted by legion
I always weigh the cost of screwing up against the cost of paying someone else. I think my caution comes from working on ungodly complicated computer systems every day...

likewise. Also, time, location and tools play a part for me as well. I park in an apartment parking lot with 100+ cars... Makes it a little unwieldy to work. And if a problem crops up during the winter, forget about it - its freezing outside and it gets dark out before I'm even out of work. Yet with spring a'coming, i'm looking forward to the opportunity to fck sht up old school.. trial n error... how i learn best.

big advantage w/ computer systems, atleast the ones i deal with are 1) backups and 2) maintenance contracts.

924 boy's MAMA · 03-23-2005, 02:10 PM

924 boy(THE SON)

I own a 924 and im 14 so i don't think it matters but just wanted to put that in there. Happy Easter to you all

speedracing944 · speedracing944's Garage

I bought my 944 when I was 22 years old. So that means I have owned it for 7 years now. Wow I'm getting old.

Speedy