Buying a Porsche vs investing the money instead

Yesterday I saw two football team mates of mine driving away with a Porsche. 

As a financial planner, I could not stop thinking about the money that was wasted by buying an exotic car.

I started to make some calculations about the real cost of owning a Porsche vs investing that money instead. 

According to www.edmunds.com the minimum you spend over a period of 5 years on a Porsche is $78,992. This includes depreciation. 

If $78,993 would have been invested with 7% growth the value in 5 years will be $110,790 in 10 years $155,389 and 20 years $305,674.

Would you buy a Porsche or invest that money instead?

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