Buying a sports car requires budgeting far beyond the purchase price. Fuel consumption can be high for powerful engines, increasing running costs. Maintenance and routine servicing are generally costlier for pricier, complex designs. Repairs often require rare or expensive parts and specialist installation, driving up bills. Most sports cars depreciate unless they are highly collectible or extensively improved. Insurance premiums are typically higher due to speed and theft risk. Prospective buyers should set clear figures for fuel, servicing, repairs, depreciation, and insurance to determine true affordability and to balance performance against practicality.
Try not to use the purchase price as your affordability guide. The costs involved in owning, running and keeping a sports car go well beyond the four or five digits you see in the windscreen on the sales floor. You'll also need to leave some wiggle room for: Fuel consumption: If you're buying a car with a powerful engine, it's likely that it might not have high fuel economy.
Servicing: Generally, the more expensive the car, the costlier the maintenance bills will be. Even routine servicing can incur steep bills merely for the complexity of the design. Repairs: When parts need replacing, you'll need to spend even more. Sports cars are more likely to need rare or expensive components that need specialist installation. Depreciation: Unless you've bought something extremely collectible, you should expect your sports car to depreciate. That means you'll be unlikely to get back what you paid, unless you improve it extensively.
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