If you’re ready to buy your first supercar, know that there is an abundance of beastly machines available to you from all over the world — and each one demands to be driven. That being said, providence, history, affordability, and insurance are only some of the things you will need to consider before purchasing your dream car. Here’s the rest:
New or Used?
Before the giddiness sinks in, you may want to figure out the most basic of choices: Will you buy a new or used supercar? If you choose the former, consider how it will depreciate over time. On the other hand, if you select a pre-owned model, aim for one that has realized the greater part of its depreciation. And be sure to gather all vehicle history documentation, as this can clue you in on typical issues to watch for, and the cost of such repairs.
Choosing a Model
When buying your first high-performance exotic, ask yourself the following questions: Are you searching for a practical, stylish, or incredibly fast model? Will you use this car as your daily commuter, or only on weekends and special nights out? Would you prefer a coupe or convertible? Whatever the case, consider a vehicle that suits your lifestyle.
Can You Drive It?
Don’t compare the experience of driving a supercar with that of a regular sports car, because one is not on the same level as the other. Getting around in a BMW 4 Series coupe or a base-level Porsche Boxster is not the same thing as learning to handle a Ferrari LaFerrari, Koenigsegg Regera, or McLaren 675LT. If need be, take a few lessons beforehand, which will only enhance your driving experience, thereby making it more enjoyable.
Get it Checked Out
If you do choose to buy a used car, do yourself a favor and get it checked out before purchasing the product. You can either visit a local main agent or a specialist, the last of which is generally less expensive (and possibly more convenient). Luckily, there are quite a few independents out there that really know their stuff.
If money is no object, the initial cost of the car, repairs, and insurance (which ranges from expensive to very expensive) should not be an issue. However, if cost is a factor, then calculate the purchase price minus your potential sales price down the road. Making that number as small as possible makes the car as cheap as possible.