For most people, buying a supercar is a dream. The purchase is one of complete indulgence. After all, a supercar is extremely expensive, and it is usually bought for very personal reasons. There are plenty of supercars to choose from too.
In today’s modern world, however, supercars are no longer just luxury items. They are also seen as investments, especially when you consider the growth in value of some instant classics like the Ferrari 812 Superfast. If you are considering a supercar as an investment, here are some tips and tricks to keep in mind.
Go with Special Editions
Getting a special edition supercar is a lot harder than getting a regular model. You have to make the list before you can even put down a deposit. However, a special edition supercar has a higher chance of growing in value over time, which makes them worth the extra time and energy.
Some models, as mentioned earlier, are instant classics. Ferrari of Rancho Mirage, for example, lists the Ferrari Roma, a gorgeous car with an exquisite design. This an example of one of the best investments you can make right now. The car will be a classic in a few years.
Another great model that can also be found on the Ferrari of Rancho Mirage website is the Ferrari F8 Tributo. The F8 Spider is beautiful, but the F8 Tributo is the special edition you want to get. It was made as a tribute to Ferrari’s most powerful V8 engine.
Browse Through Pre-Owned Cars
The best way to invest in a supercar is by getting one brand new, but you should not disregard the pre-owned market entirely. There are pre-owned cars that can also work as an investment, especially those in pristine condition with super-low mileage.
For example, you can get a pre-owned Ferrari F12 Berlinetta for around $200,000. That’s a good price to pay if the car is in the right condition. Other instant classics like the GTC4 Lusso can also be found for around the same price.
What you want to avoid are supercars whose prices are already very high. These are the cars you should invest in only if you are seeking long-term growth. The 458 Speciale Aperta, also a Ferrari, is a good example. It retails at around $700,000, but this is a car that should hit the 7-figure mark in a few years.
Pay Attention to Detail
Last but certainly not least, make sure you get the car just right. This means paying attention to the details of the car, including its color, the options added to the car, the engine specification, and of course the history of the car itself.
Whether you are getting a pre-owned supercar or ordering a brand new one, making sure that the details are right – meaning they suit future buyers perfectly – is a good way to leverage your investment and boost your potential return.
While waiting for the right moment to sell, you also have the option to drive the car and enjoy its beauty. This is why investing in supercars is quickly becoming very popular among those who can appreciate the beauty of cars like Ferrari.