Most people’s idea of a dream car is usually one that is often perceived to be out of the reach of most men and women’s budgets. Performance cars such as the Porsche 911, Bentley Continental GT and Range Rover Sport are amongst the top cars that folks wished they could have parked on the driveways and have the exclusive use of each day!
But did you know that your dream can actually become reality? Don’t worry, I’m not suggesting that you go and buy a whole bunch of lottery tickets, take up gambling for a living or even get involved with some kind of illegal enterprise in order to fund such an extravagant purchase.
What I am about to tell you is how you can realistically afford to buy your own performance car without resorting to unrealistic ways of making the money to pay for it! Want to know more? Here’s how!
Think about the car you’ve always wanted to get
The first thing to do on your road to dream car ownership is to actually decide which car it is that you really 100% want to buy before you die! Everyone obviously has their own specific dream cars, but narrowing down your choice of performance car to just one model will help you to achieve your goal.
Do some research on it
Next, you will need to do some research on the car if you haven’t already. Some of the things you should be researching include:
The years that the model you want has been in production;
Whether it was available to buy in your country or if you can only import it from its home country;
What parts availability is going to be like for your dream car.
Whilst you will be able to get spare parts for most modern cars, such as the ones sold by Country Cars, a surprisingly high number of folks out there want to buy something unique, such as the DeLorean DMC-12 (i.e. the car that featured in the Back to the Future movies).
Look for the best used car values
Obviously if your idea of a “dream” performance car is something like the Jaguar F-Type, you will probably have to wait a few years before the model can be purchased at a more-affordable price.
But for something like its rival, the Porsche 911, you will be able to pick up a good example at a reasonable price as the car has been manufactured in various guises for over 51 years now!
You might have been wondering why I am suggesting you buy a used performance car and subsequently come to the conclusion that used cars are cheaper than new ones, but did you know that even celebrities and the extremely wealthy don’t buy brand new cars?
This is because of one thing: depreciation. During the first year of brand new car ownership, you can potentially lose anything up to 40% of the car’s value! Remember – wealthy entrepreneurs didn’t get rich by spending money they didn’t need to!
Get a mechanical check done on the car
Once you have found the performance car that you want to buy, it is important that you get a professional vehicle inspection done on it so that you don’t end up buying a lemon, and also so you can avoid having to spend thousands on repairs.