If you’ve stumbled upon some funds or you’ve been saving up for a dream car, then you might be on the cusp of taking the next step: putting down a deposit and sorting out the financing deal. However, before you make that step to become an official high-end vehicle owner, there are some things to consider and a couple of points to keep in mind. Most of us that want to buy a luxury car will have researched the models and makes thoroughly before we ultimately decide on a car, but the rest of us will probably be scratching our heads at all the terms and lingo. So before you invest in a luxury car, here are a couple of things to keep in mind.
There’s no place to drive it
Firstly, do you have a race track nearby or a long stretch of road to indulge in driving? If you own a luxury vehicle or a sports car and you only plan to drive it in city conditions, then you may want to hold onto your money and instead, buy something like a vintage car or a slower vehicle to stand out instead of a Lamborghini. The truth is, sports cars look out of place in a city condition because they can’t utilise their speed or features very well. The constant stopping and starting will get annoying, the roaring engine will deafen pedestrians, and there isn’t much space to fully indulge.
You’ll pay a fortune to maintain it
Everyone knows that luxury cars cost an arm and a leg to purchase, but even reputable auto repair stores will charge you an extra arm just to repair it. The reason being that a lot of care and attention has to be put into maintaining these beautiful vehicles, and some garages won’t even take luxury vehicles because they lack the necessary experience or tools to work on it. This means you’ll have to contact specialists that have the correct knowledge and tools to work on your vehicle, and this can get ridiculously expensive.
People will envy you
You’ll get questions like “are you sure you can afford that?” and “can I drive it please?!” which can get very frustrating. However, it’s important to understand that if you buy a luxury vehicle, you plan to stand out. No one buys a Ferrari to keep in their garage or use for carpooling, they buy them to stand out from other drivers. If you aren’t prepared for envious eyes and the possibility of people vandalising or purposely damaging your car out of jealousy, then don’t purchase a luxury vehicle.
They’re not very practical
As mentioned before, there’s not really much space to drive a luxury vehicle such as a sports car. It’s also not very fuel efficient, meaning if you plan to drive it around to work or on a shopping trip, you’ll save a tonne more money by just taking the bus or walking. Luxury cars are toys for adults; their price tag is ridiculous, maintaining them costs a lot, and they can only be used for pure entertainment and fun, not practicality.