WHY RENT A SPORTS CAR IN NEW JERSEY?
Renting a sports car or exotic vehicle is actually a lot less expensive than owning one. Why? If you consider all of the expenses associated with owning an exotic car, renting it is the way to go. Consider a $50,000 vehicle that you’d like to purchase as your 2nd vehicle or “weekend“ vehicle. You put $10,000 down as a down payment and finance the rest. Here is what you will pay PER MONTH to own this car...
COST PER MONTH FOR A $50,000 SPORTS CAR
- Car Payment: $792 (60 months @ 7%)
- Insurance Payment: $200.00 (NJ full coverage, good standing)
- Maintenance / Repairs: $85.00 (average over 60 months)
- Depreciation of Vehicle: $372.00 (based on 7 year life)
- Cleaning Supplies: $10.00
- Car Washes / Wax: $35.00
Total: $1,494.00 PER MONTH
So, it costs almost $1,500 per month to own a $50,000 vehicle
for which you put $10,000 down. That’s a staggering $18,000 per year and you don’t even drive it throughout the winter. And the numbers used in this estimate are certainly not for a car like a Viper
or Lamborghini! During the Spring, Summer and Fall months, if you consider that it will rain about 20% of the time, you really only have about 20 good weekends to enjoy your vehicle. That’s about $900 EVERY weekend you'd pay to drive it if you owned the car.
If you buy a new Lamborghini Gallardo, after paying for the
car plus sales tax, licensing, fees, etc and only put $10,000 down, you'll
wind up financing about $202,500 with monthly payments of $4,011.
Additionally, every month you
can expect to pay approximately: insurance - $300, depreciation - $900 and
reserve for maintenance and repairs - $175. With the normal
cleaning supplies and car washes/waxing, the cost is an astonishing $65,000
per year! With our huge discounts for 10, 20, 30 or 40 days passes (25%,
33%, 40% and 45% respectively), it is much much more economical to rent, try
the math and see.
When you rent from Exotic Car Rentals of New Jersey, you have the option of driving away in not just one vehicle (if you purchased a car), but
7 different vehicles. Also, think of all of the time you will save never having to clean your own car. Just drive away in any of our showroom-detailed vehicles.
If you look at our rental prices compared to owning a
sports car, you can see that renting is much more affordable. Below is a
breakdown of those same 20 nice weekends available per year.
COSTS ASSOCIATED WITH DRIVING AN EXOTIC CAR FOR A YEAR
|Yearly ownership costs
|Yearly rental costs with taxes and fees
BASED ON 20 NICE WEEKENDS A YEAR
WITH A 33% DISCOUNT (2 10-DAY PASSES)
and make an appointment today (866) 730-CARS. Open
|We happily accept:
Exotic Car Rentals
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