Knowledge Builders

are sports cars a waste of money

by Mr. Kraig Grimes Published 3 years ago Updated 2 years ago
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Full Answer

Is it worth getting a sports car?

A sports car provides a far superior driving experience compared to any other type of vehicle. Once you are behind the seat of a sports car, there is no denying that you are experiencing exceptional cornering, steering, and all-around performance.

What is a disadvantage of buying a sports car?

But there are drawbacks to owning a sports car. Sports cars can be more expensive to maintain and require more frequent oil and tire changes than other vehicles. They're also often not economical. And sports aren't often practical for daily use, particularly for families or for carrying cargo.

What is the point of a sports car?

A sports car has two main benefits; style and performance. Drivers love sports cars because they look good on the road and are fun to drive. Even if they're not super powerful, a good sports car with quick acceleration and agile handling is fun to drive at any speed.

Do sports cars cost less to maintain?

Another reason that sports cars often cost more to own than regular vehicles: They frequently use unique parts that are designed only for use in that one particular vehicle. This is the opposite of most traditional cars, which typically share parts to lower the overall cost of production and repairs.

Are sports cars meant to be driven hard?

Sports cars aren't exactly meant to be driven slow, so you'll often find yourself having a little bit of fun on the weekends in the mountains, on the higwhays, or on the track. High performance driving like that accelerates the wear and tear of any car's consumables.

Is driving a sports car fun?

Research shows that, on top of being fun, driving a sports car can be good for your health because its fun. A study completed by Ford proves that driving a sports car is actually more enjoyable than kissing.

What is the best sports car to buy?

10 Best Sports Cars for 2022: Reviews, Photos, and MoreBMW M3.Subaru BRZ.Nissan 370Z.Mazda MX-5 Miata.Volkswagen GTI.Mini Cooper Countryman.Chevrolet Corvette.Subaru WRX.More items...•

Are sports cars still popular?

The sports car market in the U.S. made up just about 200,000 vehicles out of about 15 million units sold in 2021 (75 percent of which are trucks and SUVs). Globally, sports cars represent around 1 million in sales, according to Statista.

What sports car has best handling?

MotorTrend claims the 718 Spyder and Cayman GT4 are the best-handling production cars their pro driver has ever tested. These models offer exceptional braking, aerodynamic downforce, and active dampers. A more expensive option is the Porsche 911 with its six-cylinder engine and outstanding steering.

Are sports cars more expensive to insure?

Sports cars are expensive to insure not only because they can go fast and are therefore considered riskier, but also because they are expensive to repair. By keeping your driving record clean, you are doing one of the most important things possible to lower your insurance premiums.

How much do sports cars cost to insure?

Quick Facts. Sports cars are some of the most expensive vehicles to insure. Since sports cars are viewed as relatively high-risk compared to sedans and other vehicles, car insurance policies for them cost more on average. The average cost of car insurance for a sports car is $203 per month.

What is the cheapest car to maintain?

The Least Expensive Cars to MaintainRankModel10 Year Maintenance Cost1Toyota Prius$4,0082Toyota Yaris$4,0273Toyota Corolla$4,0874Toyota Prius Prime$4,098110 more rows

What's the difference between a sports car and a regular car?

While regular cars cater to four or more passengers and ensuring their safety, sports cars focus on aesthetic value as well as performance. Sports cars are designed to improve performance. They are typically aerodynamic to achieve high speeds and are therefore lower than regular cars.

Why are sports cars safer than you think?

Short braking distances are excellent for emergency braking, which is essential to avoiding crashes. Sports cars are made to brake well; this is possible because of them having larger brakes, stickier tires, and lower weight than traditional passenger cars.

What is a sports car appeal?

The sports car gives a feeling of real ownership just as automobiles did when few families owned them. That's the appeal.

Is a Camaro a sports car?

The new Camaro isn't a muscle car anymore. It's a bonafide sports car wearing a muscle car mask. Sure, trunk space in all models (but especially the convertible) is compromised, but sports cars sometimes require compromise.

10 Saturn Sky

As a company, we are still unsure of what Saturn was trying to achieve. By the time GM realized what was going on, they had already sunk millions of dollars into this mess and if they did go under, the Saturn brand would have likely been blamed.

9 Mazda RX-8

If we said the RX-8 wasn’t tempting, we would be lying through our teeth. But it is not a good, or even semi-tolerable sports car. On the used market, they look like the bargain of the century, most of them priced less than half the price of an older RX-7.

8 Maserati GranTurismo

What is in a name? For many, Maserati still ranks right up there with the very best sports car manufacturers, but it shouldn’t. Ferrari learned some difficult lessons in the 80s and 90s, but came out on top and started to make more balanced sports cars befitting their name.

7 MG TF

This was to be their last real effort at making a legitimate lightweight British sports car. Unfortunately, it was just a little too legitimate, having a few pretty serious reliability foibles.

6 BMW M5 (E60)

You could argue that it isn’t really technically a sports car, but rather a sports sedan. That would be a technicality, though, and we would be remiss to leave this car off the list.

5 Toyota MR2 Spyder

In the 80s Toyota wowed everyone with the lightweight MR2 and its small turbo engine mounted mid-ship. It gradually became fatter and less sporty in the 90s until the radical redesign in the 2000s, that typically angular design, was met with pretty much universal contempt.

4 Renault Clio V6

Let’s be honest, the French know how to make a hot hatch. Unfortunately, this isn’t really a hot hatch, even though it might look like one at first glance. They slotted a big V6 lump behind the driver.

Do people drive more than they want to drive?

Lots of people drive way more than that and prefer their own vehicle to get around.

Is it a waste of money to buy a car for your grandmother?

If your grandmother wanted the car, and could do it financially, then it wasn’t a waste of money . People have different priorities. Maybe she’d wanted a cute, fun to drive car her whole life. She finally had the opportunity and the means, so she went for it. That doesn’t sound like a waste of money to me. Just because the opportunity cost of buying that car wasn’t acceptable to you doesn’t mean it was a bad choice for her.

Is Lincoln Financial a bad company?

Lincoln Financial, Voya and Valic are not as bad as the NYT article describes - fees depend on who the third party is - please simply double check your contract or call

6. Premium Unflavored Vodka

Why in God’s name would you EVER spend more than thirty bucks on a handle of unflavored vodka?!? Follow my logic. Unflavored vodka tastes like horse piss. There is no denying this. I don’t care who you are or what a vodka enthusiast you claim to be. You CANNOT tell the difference between a shot of Grey Goose and a shot of Skol. These are facts.

5. Alcoholic Beverages at Sporting Events

Here’s another in the booze category that you should NEVER EVER EVER waste your hard-earned dough on: alcohol at the stadium of your favorite professional sports team. I live in Colorado, and as you may know, we have some fantastic microbreweries. You can buy a six-pack of a great-tasting, unique, local brew for about ten bucks.

4. Designer-Brand Sunglasses

Ah, sunglasses. So useful: they protect your eyes from harmful UV rays, they prevent headaches that you’d get from squinting all the time without ‘em, and they can look stylish and complete your “look” as well.

3. Designer Clothes

This applies more for women, but plenty of men waste far too much of their paychecks on designer-branded bullshit. These rules apply equally for men and women alike. Need new jeans? Sweet, go to Target and get some Levis or something.

2. Sports Cars

I know, I know. I think Lamborghinis and Ferraris are every bit as badass as the rest of you. I truly do. But that said, unless you’re an eccentric billionaire (read: nobody that’s reading this), there is little justification for buying a sports car. The elite tier of Lambos, Ferraris, Maseratis and so forth are sick as hell, to be certain.

1. Titty Bars Strip Clubs

Yes, I’ve been to my fair share of strip clubs. I am, after all, a dude. And for special occasions, strip clubs are just fine. But as a weekly ritual, or even a few times a month, they’re a fantastic waste of money. Obviously, this one applies more to men, so I’ll break it down for you guys.

Why are expensive cars worth it?

Everyone has a different opinion on the topic of expensive cars. Some people will say that expensive car are worth the money because of the prestige and status they offer, but others might disagree and easy that you should save up for a cheaper car if you’re on a budget.

Why do People buy expensive cars?

There are many reasons why people buy expensive cars: status, respect, recognition, a sense of accomplishment, bragging rights, artificial intelligence, the beauty of the car itself. The list of reasons goes on and on. The point is that the reasons behind why people buy high-end cars are as varied as people themselves.

What is An Expensive Car?

To begin, let’s define what we mean by “expensive.” How about a car that costs six figures? Or ten figures? What if you want to get a car that costs more than $100,000. Is that expensive?

How to avoid scams on a car?

You can avoid many scams by getting history information on your potential new ride. A vehicle history report is a search for accidents, ownership changes, and other information. If you discover any severe problems, then you should not buy that particular vehicle.

Do people benefit from having an expensive car?

It depends on the person. The simple answer is that some people benefit from having an expensive car, while others would benefit from having a cheaper car.

Is a car an investment?

A car is an investment. You should always be looking at the long-term returns, but that doesn’t mean you should expect to pay for luxury vehicles with cash out of your pocket. If you have a steady income and can buy a used car without taking on any unnecessary debt, then go for it!

Is it a good idea to buy a used luxury car?

If you plan to buy a luxury car but do not have enough budget, getting a used luxury car is a good option. Every luxury vehicle on the road has a history you can learn about. A car history report will disclose any past problems with the car and help you decide if you want to purchase it.

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