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.
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