• What does

    Depreciation = $26,240 mean?

    Is that something you can write off on your tax bill?

  • It’s got 8 years of road use entitlement- after which it must be scrapped, exported or re-licenced. So the depreciation is approximately the purchase price less the deregistration value divided by the number of years you can drive it.

    Currently a ten year licence for a normal 911 is around $140,000, but it’s much cheaper for a vintage car like this.

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