A California teenager has put his entrepreneurial skills to work by swapping a junky old cell phone for a 2000 Porsche Boxster.
By scouring the “bartering” tab on Craigslist over a period of two years, 17-year-old Steven Ortiz was able to make a succession of trades that resulted in him driving to school everyday in a sleek convertible, according to the Whittier Daily News.
Ortiz was able to swap his friend’s old phone, given to him as a gift, for a slightly better phone. He then used that to get an iPod touch, which he swapped for a dirt bike. The dirt bike got him a MacBook Pro, which got him his first car: a 1987 Toyota 4Runner.
But Ortiz was only 15 at the time, so he traded the 4Runner for a souped up golf cart, followed by several more bikes, and ended up with a motorcycle. The motorcycle was traded for a 1975 Ford Bronco, which many value as a collector’s item – Ortiz’s estimate put it at $15,000. He got all sorts of offers for it, but eventually settled on the Porsche.
Those who want a Porsche themselves may be surprised at how easy it is to get financing and car loans. Ortiz valued his Porsche at $9,000, which is typically within the price range of used vehicles that buyers with bad credit can look at. And those looking to upgrade their vehicle can easily trade their current car in order to ease the financial burdens.