If you can’t afford a brand new exotic car, the second best thing is to get a second hand car. Though still expensive, many classic and exotic cars becomes a little bit affordable after ten or more years. On a good day you might even chance on an exotic car that is 60% or even more.
Unless you’ve been vacationing on a peaceful atoll since, say, last August, you may have heard some news about the economy. Hint: it’s not great. There are two ways to look at this. One school of thought says to batten down the hatches and close your wallet, because everything’s horrible and the experts who told us our houses were very valuable last year are now predicting that implosion of the concept of money. But savvy investors zig when everyone else is zagging.
So maybe what you should really do is buy a sweet used car. Think of it this way—when the economy kept going up, you had to feel guilty about sinking money into a great car, because you could’ve been using those funds to earn 200-percent returns on timeshares in Boca. Now, you may have less money, but you can feel free to spend it on something that brings you joy, secure in the knowledge that you were probably just going to lose it anyway. So here are 10 ways to stick your thumb in the eye of Old Man Economy with some bargain-priced automotive decadence.
Like buying any other things second hand, there are certain tips that you need to understand so that you get the most out of your purchases. If it is too cheap to be true then it is probably not worth it.
1. Determine your budget :
If you’ve given enough thought to buying an exotic car, your mind would already have mentally corrected the car mentioned in the dream scenario. So whether it’s an Aston Martin Vanquish or a Maserati Quattroporte, always keep a budget margin in mind and strengthen your resolve. Save up for gas and maintenance costs.
2. Be Realistic:
It is important not to compromise unrealistically. Therefore, make sure you are ready to take the plunge while keeping a track of the various prices offered on your dream car. If you have experience in dealing with cars or interested in what’s under the hood of the car you currently own, it is an added advantage. Be prepared to fiddle around with your purchase or befriend a trusted mechanic who can do it for you at cheap rates.
If it is worth it and you can afford it then take it before other snag it. Exotic cars are limitedly manufactured so never expect that you’ll find another in the same condition in the same amount.
Renting an exotic car is nothing compared to owning one even if it second hand. After all, a classic is a classic. A supercar is a supercar.