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How much money should you have before buying a sports car?
Remember, your insurance will most likely be higher with a performance car, especially if you are young or if the car is expensive to repair. So, to answer you’re question in my estimation you’d need to make about $50,000 a year to be able to afford an entry level sports car.
Is it smart to buy a used sports car?
If you’re buying a used sports car, proceed with caution. Sports cars are often owned by car enthusiasts, which means that they may be taken care of better than a normal car. But car enthusiasts are also more likely to modify their cars and drive them hard.
What is a good advantage of buying a vehicle from a dealer?
One major benefit of buying your next car through a dealer rather than a private seller is dealers usually offer warranty protection. When you buy from an individual, once you pay for your car and drive away, you are more or less on your own if something goes wrong.
Are sports car waste of money?
Sports cars are a colossal waste of money, and generally cause enough stress to offset the fun.
Should you buy a sports car in your 20s?
If you’re in your 20’s and you want to build wealth, you simply can’t afford to buy a sports car. For older guys, 30-40+, I still can’t recommend it if you haven’t built your wealth yet. There’s two instances where you can buy a sports car. If you have money, or at least can buy it in cash, then you can buy a sports car.
Are sports cars worth it?
Sports cars are considered by many to be a luxury item. The thing most people don’t realize is that there are actually several reasons why a person should buy a sports car. These cars look and feel expensive, but what they hide beneath their hoods is what makes each dollar worth it.
Should you buy a sports car for morning driving?
We all know what it’s like to sleep through an alarm in the morning, but a sports car can mitigate that issue. You will always be early when the horsepower under your hood allows you to make it to your destination in record time.
Should you buy an SUV or a sports sedan?
If you’re a single car family that drives in a colder climate (occasional snow in winter), an SUV might be acceptable. But I still advise on an all wheel drive sports sedan.