Its really not that bad, i'm 22 w/ a 91 N/A RX7 and a 93 RX7 R1 paying $1200/year for full coverage. Granted its no exotic but you'd be surprised at how much the twin's affect the rate.

 

Well, its just that the original poster of the thread suggested people save their money and buy an "old lambo" or something so I decided to mention insurance rates on exotics. Does your $1200 cover both RX-7s?

Insurance agents eyes sparkle when they see "Lamborghini" compared to "Mazda" on the page and bring out their price-gouging pens.

Back to the original post, you are suggesting that people should rather drive a beater, save their money over time and eventually buying a Gallardo. My friend, obviously you haven't spent that much time in life. Saving up $160,000 isn't a very easy thing to do in this world. Insurance rates on brand-new exotic cars are also extremely ridiculous. You could buy a whole new other car with the money you are paying through insurance within a matter of years.

Also, exotic cars are definetely not for daily driving. You don't drive them in bad weather, you don't drive them in snow, you don't drive them to the mall. They also draw a lot of attention, especially from thieves and vandals. Most people who are fortunate enough to own exotics merely have them for weekend drivers or casual cars.

A tuned and modded Evolution can post supercar numbers and yet is normal enough to be an actual daily driver. But keep in mind, a lot of people are using their Evolutions for weekend driving only too!

 

you are right i havent spent much time in life. im only 17. and i of course wasnt talkin about buyin a brand new gallardo or 360. i was talkin about waiting like 5 years(maybe even 10 if the cars dont change to much) to let the price lower and buy a used one(since the new future cars are really looking like ****, i dont think they will get much better lookin than a gallardo or a modena). that way you got a very nice yet current lookin car but yuo wont be paying 150k for it. just my thinking. and Link286xt, dont worry about it, i screwed up and reacted without really realizing what you were sayin before.

 

Exotic Prices don't depreciate much.
Take for instance a 1991 Lamborghini Diablo. That's a car that is almost 13 years old now.

http://coolsiteoftheday.chooseyourit...500/24748.html

$108,000

 

i checked a site(not sure how accurate it is) but it says the car is worth about $105k and the original value of the car when it came out was over $200k. i think a drop of $100k is a good one , if it is correct (but i realize the site might not be completely accurate).

 

sure does.

 

For me it is about having the whole package...and I think as you get older and mature you will find the same thing. I would much rather have a wife, 2 kids, 4500 sq ft house on a golf course, lake house, ski nautique, a good car for the wife, and an evo in the garage than just a 2000 sq ft house, wife, and a ferrari. If I can ever get to the point where I can have all of the above AND a ferrari, then so be it...but I'm not going to give up many of life's other enjoyments just to have a supercar.

 

well put. it makes me think even more. this thread was never ment as an end all to this. it just got people started by asking about why they got an evo instead of saving up for a supercar, but really it was just cause i wanted to hear what people think about stuff like this.

 

Well it looks like the current owner is going to take $59K hit in under two years with less than 25 miles on it since then. Exotics take a huge hit if you actually drive them.

Exotics are generally pretty crappy cars.

 

ya i agree, but if you had the money just lying around, no other bills to pay, i wouldnt mind owning the car thats been my fav poster for 20 years. =)

Link

 

Back when I was 24 I had a 94 NSX and was paying 394 a month insurance. Granted I had 3 speading tickets and a wreck on my record . 394 plus 890 a month car payment. It pays to be a tech geek.

 

i agree about insurance. it's just WAY too much, it's ridiculous.

i don't think exotics are NOT for daily driving. okay, i would NOT drive a 90s lambo daily. tha's just asking for trouble. i, however, drive my porsche daily. and if i bought an evo, guess what? it will be my weekend toy. EVO that is. i know someone that drove modena daily. i suspect that gallardo would be a good daily drivers as well. and most of beverly hills folks probably don't worry about someone jacking their radio at night or while parked on rodeo drive.

do you wanna know a sickening fact about why so many exotics on the market have so few miles? weekend toy? maybe. how about if you had 7 exotics??? assuming you drive 12k a year, you will put less than 2k on each car!!! tha's one of the big reasons. i used to know a japanese billionaire guy(23) who had viper, diablo, jaguar, stealth tt(i heard he picked it up on whim while getting his viper oil changed), and some porsche. (he didn't have a single japanese car. probably had a boat load of GTRs waiting for him in his home in japan.) those cars were all pretty new when he got rid of it before going back to japan.

You have to mod Evo way beyond warranty to make it a supercar. it may be cool if done right. but it can also be trouble. evo can be made fast, but it will not intoxicate you like a ferrari v8 or flat six going WOT. just my .02

 

I'm als0 17, I'm in love with THE EVOz[dont own one yet], nothing agaisnt exotic cars, i'm part italin, so i like em, but I still have ,what you may.... call an OBSESSION with EVOS, and my life isnt going to complete until I get an evo in the next few years. But i just finished watching a TOP GEAR cut that was evo VIII VS STi and the evo VIII did a faster track time than the murcielago. Pretty good for a $30,000 car beating a $250,000 car round the track, The EVO was stock too [UK FQ version, 25 more hp ]. EVOS wont beat exotics in EVERY way, but thier a great BANG for your BUCK deal and bring up more and more suprises every year, with each new version; And you can mod EVOs to all hell. Nothing like Doin It Yourself .

-Gleas0n

My opinions, sorry if they seem biased in anyway, i just get carried away when talknig aobut the EVO, and i dont even 0wn one yet. Dang money, ggrrrrr. In a few years, my time will come, damn money sucknig insurance, and college. h4x!

 

Maybe if I was a millionaire I'd purchase a super exotic. When you really think about it though, you will hardly drive them, damn with about 600hp thats not really that fun smoking every car on the road without competition.
Plus, several exotics are very uncomfortable to drive in. thats why you see so many for sale, people buy em and put like 1500miles in a year and decide that they suck, and go with ultra luxury, like a bentley or maybach.
I'm 21, graduating college in the spring, and have a little mouth to feed, it aint easy saving 160K so Instead I'm going to reward my hard work for these 4 years with an EVO.

 

yea i was thinkin some more about this stuff and i meani really like the exotic cars. but i was thinking, if i want performance and still want luxery why not get something like a E55 AMG benz? i mean 469 hp 512 lb ft of torque and 0-60 in 4.2...sound awfully good to me, and for around 75 k new and since iwouldnt be buying new.... . anyways, i can see all of your points coming across. i guess if i ever have the money i might get an exotic, until then i guess i will instead save for a cheaper and much more luxurious yet well performing car