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Owning a performance vehicle has a great deal of allure. These cars are status symbols, visually exciting, thrilling to drive and, of course, extremely fast. They’re also quite expensive. Not only is the initial investment high, but also the long-term cost of ownership is typically higher than with a passenger vehicle because of fuel and maintenance. The higher durability offsets these costs to some degree, but not nearly enough to justify this luxury purchase. In the following article, we will explore this topic in depth by diving into the many pros and cons of performance vehicles. Advantages 1 Prestige
The average car simply doesn’t provide you with the sense of accomplishment that a performance vehicle does. Don’t underestimate this, or simply disregard it as worthless vanity. Cars are some of the most important purchases in our lives. Confidence is critical, and we want to be able to feel good about the big choices that we’ve made. 2 Performance
Performance vehicles provide us with a level of speed and smooth execution that passenger cars and small cars can never hope to give us. For the skilled driver, this means optimal responsiveness. This type of vehicle may not be the best choice for that drive into work or school, but it’s the perfect choice for that evening ride or weekend adventure. 3 Workmanship
Quality is a main reason why we buy a performance vehicle, and while quality is evident in the performance described above, it goes beyond that. A high level of workmanship is evident in every aspect of the vehicle, from under the hood to the interior to the trunk. It’s the reason that these vehicles hold up as well and as long as they do. 4 Investment
Most vehicles do not hold their value well. In fact, you’ve likely heard that cars lose value as soon as you drive it off the lot. While true with performance vehicles as well, it happens at a much slower rate. As the years pass, a funny thing happens: well-maintained performance vehicles actually begin to reclaim and then earn value. Disadvantages 1 Fuel
The most obvious problem with performance cars is that they burn a lot of petrol. This is especially true now when there is such a poor fuel economy. Performance buyers generally don’t concern themselves with fuel costs, but these are new times. We’re more environmentally conscious, and fuel costs are outrageous and continuing to go up. 2 Maintenance
Earlier we mentioned workmanship, and durability is an aspect of that. Shouldn’t that durability make the car cheaper to maintain? While certainly possible, it’s not likely because, due to all those fine parts, performance vehicles have more frequent, more complex maintenance demands, and even routine tasks can be very expensive. 3 Insurance
Another factor adding to total cost of ownership is insurance. The costs for performance vehicles are exorbitant, and high premiums exist regardless of driving record. Additionally, insurance rates for performance vehicles tend to go down at a much slower rate, so you can expect high insurance costs for as long as you own the vehicle. 4 Impracticality
Performance vehicles tend to be far more impractical than passenger cars and even small cars. This has a number of implications, the big one being that it may necessitate additional vehicles. If the standard family can get by with two vehicles, you might need three, four, or even more if you introduce performance vehicles into the mix.
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