What’s the first thing that comes to mind when you think of exotic cars? Is it a popular sports car like a Ferrari or Lamborghini? Or maybe you prefer some of the latest muscle and luxury cars around, like the Ford Mustang, the Chevrolet Camaro, or the Ashton Martin V12 Vantage S.
Whatever rare car you’re dreaming of, you should know from the outset that it takes more than a bulging briefcase of cash (or a check with dozens of zeros) to get your own exotic car of choice. Look back to the first time you’ve bought a car. Snagging the car of your dreams requires more than just walking into that dealership: you’ve got to negotiate your loan rate (if any), discuss the terms, request to upgrade or modify some things here and there, and so on. Let’s discuss the process of buying an exotic car.
An Opportunity of a Lifetime
There are many exotic cars to choose from, especially if money is no object, but it’s certainly going to be easier said than done to decide on ‘the one’. One of the first things you should do is to set your budget: say, like $200,000. Setting a ceiling automatically lessens the stress of choosing from possibly dozens of options to a more manageable list.
Next, since you’re looking for an exotic car, you need to define for yourself the “exoticness” of a car. Do research online, list down your preferences, and learn the nomenclature associated with luxury cars or sports cars, including what sort of engine they’ve got and so forth. That way, you can be upfront with the dealership’s salesperson by saying the details of the car you want. Remember to tell him/her your preferred price range as well, and don’t be afraid to round it up so you’d have a wider range of models on the top of the heap.
Keep in mind that dealers rarely allow potential car buyers to test drive a car right of the bat. To help you decide on which exotic cars to consider, search online and read unbiased reviews or test drive videos of your shortlisted cars.
Do note that rare cars that are reviewed online might not be available in your market, so make sure to list down several options and rank them based on your personal criteria.
Dos and Don’ts
Do show proof with regards to your financial capabilities. Ask the sales staff to inform you about different maintenance plans, gearing options, brands, and models that are currently available or will soon be. The more you’re able to engage with the salespeople, the likelier it is for you to get a decent plan at the lowest price.
If you want a car that crosses state lines, don’t be afraid to do some cross-country traveling to get it.
When permitted, take the lucky car/s for a brief spin in order to get a good feel of the vehicle, from its purring engine to how fast it can really go.
If you want online tools that can assist you in locating any exotic car that you deem fancy enough to be part of your car collection or garage, visit websites like Cars.com, eBayMotors.com, and AutoTrader.com.
Finally, make sure to check an exotic car’s mileage, condition, options, transmission, and other parts that you deem important before making a final decision.