So, you’ve been saving for that all important sports car purchase? Don’t just buy the first one you like! It is much better to weigh up your options and consider how the car will be used before it is purchased. Here are a few things you should consider when investing in a sports car.
Driving with the roof down?
There are two main types of sports car: coupes with a closed roof and open top sports, which are usually convertible.
You will need to think about which of these you would prefer before you take that major step and hand over your credit card to splash out on your first sports car.
If buying your first sports car ruffles your financial feathers for the short-term why not contact established credit experts at wonga.co.za for finance? They are specialists in offering short-term loans so even the most extravagant of purchases can be made flexibly.
Remember sports cars are expensive to run as well as expensive to buy but the cost does not stop there. Sports cars are known for their high fuel consumption and this is something you also need to take account of when planning for the purchase of a sports car.
Sports cars are known for their fragility. So not only are you going to have to cope with the added cost of the sports car in the first place, and the increased fuel costs, there will be an additional factor to consider: repairs due to fragility.
Sports cars are notorious for being prone to faults and quirks and these will need to be looked at regularly in all probability.
When saving for a sports car it is a good idea to research the background to the car, and past customers reviews of the car. Publications like ‘Which? Magazine’ are good to look at as they give good advice on which sports cars are the best value for money.
Consider specifications of the car
It is not all about getting the sports car that looks nice! The specifications of the car are equally important but some people overlook this.
A wise investor in a sports car will consider how differently designed cars will retain their value over the first five years. Some cars depreciate more rapidly than others and if you are a shrewd investor, you will take the time and trouble to find out which ones are the best!
Lifestyle is such an important factor to consider when buying a sports car. You need to consider how many people the car will hold, particularly if the car is to be used for a functional purpose, as opposed to being produced on the most special of occasions!
You have to factor in what will be demanded of the sports car, and decide whether it will be used for functional purposes like doing the grocery shopping, taking the kids to school or going on holiday.
It is a good idea to invest in seat covers if children or animals will be allowed in the car.