So, you are interested in buying the vehicle of your dreams. Well, be prepared to pay a hefty price. Any brand that has earned dream car status costs a lot of money.
Nevertheless, there are ways to get what you want. Just remember that it will probably not be easy and could take a long time. You can achieve your dream car, as long as it is actually available and not on the list of top fictional vehicles.
In the end, you will proudly be the owner of that car that you have always wanted. For many, this is the achievement of a lifetime.
What is a dream car?
A dream car is a vehicle that is more than the sum of its parts. Owners show off these cars to demonstrate their financial success. Being seen in one of these brands is also a way of letting the world know that you are someone of intelligence.
Basically, winners, not losers, own dream cars!
Types of Dream Cars
Though we can argue forever on just which models deserve dream car status, these five seem to be on most lists.
- Ford GT
- Rolls Royce
The hard part, unless you are a trust fund baby or professional athlete in a top sport, is to pay for the car. Well, since we are advising the average worker, not those who have the money at hand, here are some realistic means of financing that dream ride.
Most people can expect to earn around a million dollars over a lifetime of work. Now, when struggling to make ends meet each month it may not seem that way; but, in reality, we all handle a lot of money over our lives.
Probably the simplest way to finance a dream car is to save for it. Take a little percentage of each paycheck and set it aside. Also save on car insurance by comparing estimates and taking a defensive driving course . Over time, you will have enough to at least make a serious down payment.
Hopefully, you will also have good credit to secure a car loan. But, again, the first step is to save as much as possible and have some serious money. Depending on which dream car you desire, your savings may be enough to purchase the vehicle outright.
Leasing has become more popular over the years as some motorists have come to believe that actual ownership is not worth the trouble.
You can lease many cars that would be difficult to buy. Again, it is always best to walk into the dealership with a nice-sized down payment to impress them.
Remember that the car will not be yours. Eventually, you will have to return the keys. Nevertheless, for a few years, you can rightly tell people that is your “Lambo” parked out front!
- Car Loan
Taking out a traditional car loan can be hard for those with bad credit, little savings and average paying jobs. So, it is always best to begin working now on establishing a sterling credit score, saving through long term planning and securing employment in a lucrative, though legal, profession.
Then, step into the dealership with an air of authority and entitlement, letting them know that you are someone who deserves that Ferrari!
If you are unable to do it on your own, then there is nothing left but to ask someone to lend you the money. Now, do not give up hope.
Quite often, a family member or friend has done a good of job of saving. Let them know how you expect to pay back the loan. Be sincere and reasonable. Do not inflate expectations in order to trick somebody into lending to you. Instead, be honest with them and yourself.
Go Out and Get What You Want
As seen here, there is hope for those who want a dream car but were not born with a silver spoon. Just sit down and think up a plan and put it into action.
Love Counting My Pennies?
Sign up to get our latest content by email.