Purchasing an exotic car isn’t like buying your everyday vehicle—there’s more to consider than just the price tag, prestige, and power. OK, it’s nothing like buying a regular car. So, as you browse for your dream Lamborghini, Ferrari, Maserati, or Aston Martin, keep this essential checklist handy to ensure your sweet ride doesn’t turn out to be a sugar-coated lemon.
10 Things to Consider While Buying an Exotic Car
1. Do Your Research
Before falling in love with a car, dig into its history. Every brand has problem areas or model years with known issues. Be aware of them before making a decision.
2. Clean Vehicle
Look for a car that’s been well-kept and free of accidents. Be cautious of paint jobs, even custom ones. If the vehicle’s been repainted, ask for photos showing the car sanded down to the steel.
3. Clean History
Ensure the vehicle has a clear, well-documented service history. This is crucial for the longevity and value of the car.
4. Low Mileage
Go for a car with lower miles on the odometer. Sometimes an older car with fewer miles is a better investment than a newer one with a higher mileage count.
5. Ownership History
Fewer owners are usually better. A car that has changed hands frequently might come with hidden problems.
6. Usage Type
Was the car used for weekend joyrides or hardcore track racing? Knowing how it was driven can give you insights into its condition and potential wear.
7. Community Insights
Reach out to exotic car groups or forums to see if anyone knows about the specific vehicle or seller. First-hand knowledge from enthusiasts can reveal a lot.
8. Seller’s Reputation
Vet the dealer or private seller. Are they known experts in exotic cars, or just dabblers? Look into their reputation to avoid potential pitfalls.
9. Service Reports
Examine history reports like CarFax or AutoCheck, and go through service records carefully. Any inconsistencies could be red flags.
10. Frequent Use
Avoid cars that have been sitting idle for extended periods. Exotic cars are made to be driven, and long periods of inactivity could mean costly repairs down the line.
Financing Your Exotic Car With Confidence
Be as careful about choosing a lender for your new exotic as you are about choosing the car itself. Woodside Credit is a leader in financing exotic cars. Our experienced, knowledgeable staff will help put you in the driver’s seat of the car of your dreams by offering the lowest payments in America. Start a quick quote or learn more about exotic car financing.