Buying a sports car may have seemed like a great idea when a driver was looking for a way to celebrate a big achievement or splurge on something nice for him- or herself, but many drivers end up reconsidering. Read on to find out about five of the most common reasons that drivers wind up selling their sports cars.
Concerns for Family Safety
Sports cars aren’t known for their impressive safety features, so many drivers who started out as bachelors or bachelorettes wind up selling them when they find out that their first child is on the way. The lack of safety features in sports cars isn’t the only thing that makes them more dangerous, either. Sports car owners often notice that they become the target of aggressive driving while they’re on the road, which is another reason that some choose to look into selling a sports car and buying a less flashy vehicle for transporting their kids.
They Cost a Lot of Money
Most drivers are willing to take on the initial investment of buying a sports car, but some fail to realize that they’ll also need to spend a lot of money to keep it in a state of good repair. It can be hard to find affordable parts and mechanics who will work on exotic sports cars, in particular. Even other luxury vehicles like high-quality SUVs are usually more affordable than sports cars.
They’re Gas Hogs
The price of gas is only going up, and unfortunately, sports cars need a lot of it. Just keeping the tank filled up can wind up being a serious financial drain if drivers aren’t careful. Given that the alternative is to just let that beautiful car sit in the driveway collecting dust, most drivers who find themselves unable to afford gas usually wind up selling their sports cars and switching over to less flashy but more efficient models.
As noted above, keeping an exotic sports car running can be expensive. Many drivers who loved their sports cars while they were brand new and under warranty have second thoughts when their warranties expire and they start paying for their own maintenance and repairs. Those who are sick of constantly heading to the mechanic may find that they’d be better off selling their sports cars and opting for more reliable vehicles.
Buying a New Sports Car
Even after considering all the issues above, some drivers are still diehard exotic sports car enthusiasts, and that’s fine. There’s still at least one compelling reason they might want to sell. Many true sports car lovers prefer to upgrade to the newest, fastest, and most advanced models at least every few years.
Selling their existing sports cars is the easiest way for drivers to make the bulk of the money they must buy new ones. A word of caution, though. Dealerships rarely offer decent trade-in value, so drivers are usually better off selling their old cars first then using the money to buy new ones.
The Bottom Line
Sports cars are great, but they have a time and a place. There’s nothing wrong with selling an exotic sports car and making the switch to a more practical vehicle. Whether drivers are looking to save money, ensure their families’ safety in the car, or avoid the attention of jealous drivers and potential car thieves, they should be able to find a buyer with little difficulty.