Leases typically last for two four years, with leases on high-end vehicles and luxury cars sometimes stretching up to five years. Convertibles, sedans and the like fall under body style and finance by class and has the likes of luxury automobiles, sports cars and so on. High-end vehicles tend to have higher insurance rates because of the higher premium you pay for them. Anybody with a decent credit score can buy a Mercedes, but can you afford the payment? Can you afford the full coverage insurance it requires? Not many can.
If all companies looked only at the bottom line, no companies would have corporate suites, no executives would be driving luxury vehicles, their would be no Ritz Carlton Hotels, no luxury development or condominiums. If your lifestyle consists of having a big house with two luxury cars, being able to take multiple vacations every year, and buying lots of expensive clothes, jewelery, and gadgets, then your income is probably very high or you have leveraged yourself to the hilt in debt.
Sports Cars
Manufacturers of sports cars will benefit from economic growth but will suffer in times of recession. It could be anything from your dream home, sports cars to pictures of your holiday destinations and the like. You would read about some of the strange places I have visited and adventures I have been on in 4x4's, sports cars and boats. It doesn't matter if you (like me) hate all the hype and the web page headers showing mansions and sports cars and $100 bills. Most students nowadays do not arrive at campus in BMW sports cars and credit cards to boot. Sports cars are also a victim of a high insurance premium, but not as much as a $150,000 BMW. Small, affordable sports cars from companies such as Toyota, Mazda & Mitsubishi are getting very popular because of their "bang for the buck". Meaning they are cheaper than almost any exotic car you can find, and they probably boast more features, a longer warranty, cheaper parts and maintenance, more engine power and a comparably smooth ride. It doesn't take $100,000 to buy a good sports car. Hell, you could go buy a 93 Toyota Supra for around 17K and have 327HP right out of the box, thats 27HP more than a $70,000 Porsche Carrera boasts and with the potential of making 1000HP without breaking a sweat, well that just makes everything else look like garbage.
Small / Passenger Cars
Most small vehicles come with CD players as standard, but the sound quality that can be obtained from the CD player will be quite poor. There are some great small cars that are very fuel efficient, even a hybrid car that is good for the environment too. Because the term "diecast" refers to any product produced using the casting method, the first models on the market were small cars or vans without plastic windows. That doesn't take away from the quality of a small car, most companies now have a wide range of smaller cars now that the price of gas has ballooned. Making cars smaller reduces tax for people who use public transport, giving us an incentive for walking or cycling. Compare this to one of the most efficient small cars around, the Polo 1. There are pedestrians, bicycles, motorcycles, small cars, minivans, buses, lorries and trailers. All of these are available for a relatively cheap price, and they are cheap on insurance and gas.
Exotic Cars
You can buy exotic cars from Jaguar, Volvo, Range Rover and Ferrari. From exotic cars to exotic houses, chose something that gets your blood moving. Maybe a second lottery win allows you to purchase more items like a few more exotic cars. Ferrari's are usually a person's drug of choice, then comes the Porsche or the Lamborghini. These cars are well above a normal persons means, they can cost anywhere from $100,000 up to 1.5 Million dollars, such as the Bugatti Veyron is currently sporting as a price tag.
Whatever car you choose to purchase, make sure that it is something you feel comfortable in. Don't buy something that looks cool, but you hate being in because you are a big or small person. Get the "this feels right" feeling before you make a purchase.
