Affordable Supercars – is there such a thing?

For those of us who have always dreamt of owning a supercar but have always thought it’s out of reach on the affordability scale, you may be pleasantly surprised to find out that your dream could become a reality.

After a little research we surprisingly found a number of used supercars for sale and not always at extortionate prices. We also found that a number of used vehicles do hold their value and that certain brand’s resale price have actually increased. If you’re looking to buy a supercar as an investment it’s definitely worth looking into.

But before you take the plunge, here’s a few pointers that may help before you sign on the dotted line.

Research

If you’re an impulse buyer, it’s worth carrying out some research on the internet before you physically go shopping. You may have a good idea about the make and model of car you’d like so comparing prices online to see if there are any comparable alternative supercars you had not considered is worthwhile. You may be surprised by what you can find. If you find a model online for sale you will be able to find out what features that year of car should have and also if the sale price looks in line with the market.

Aspirations

I’m pretty certain that all of us have that one car in their mind that should you ever win the lottery you would buy without a doubt. This car you probably wouldn’t care about certain technical features or even mpg but for a used supercar purchase you probably need to spend some time making sure that the supercar you are considering matches your requirements for the here and now. Some used supercars may be overpriced because of certain features they have so if you’re not that bothered about them then start looking elsewhere.

Finance

The most common ways to purchase a supercar are a) cash b) finance. Even if you do have the cash saved up, you may not want to use all your savings on one big purchase so it may be worth considering getting finance as an option. If you’re using a finance company make sure you look around for the best deal and the different options. Some finance plans keep monthly payments low, but you will probably have to pay a balloon payment at the end of the contract. Make sure you read the small print thoroughly. You can compare car finance companies deals by visiting: https://www.moneysupermarket.com/loans/car-finance/

Inspection

It goes without saying that if you’re not completely au fait with what’s under the hood of a car, you’re probably best off leaving it to the experts. Of course, you will need to go and see the car yourself so that you can physically inspect the car for any damage, but to ensure that the mechanics of the car are in full working order, ask a fully-trained professional car inspection company to carry out a survey. You can visit the AA website for further details on their car inspection service: www.theaa.com/vehicle-inspection