INVENTORY
Shoppers looking to buy an exotic car have an exciting hunt ahead of them. Seeking out a lovely luxury find is almost as much fun as owning it. Here are three key things to look at when buying an exotic car.
Condition
Shoppers should carefully evaluate the condition of an exotic vehicle before making an offer on it. This begins with an exterior inspection. Chips in the paint or inconsistencies in color point to a paint job that may be covering up more extensive damage. The areas beneath the wheel wells and under the car might harbor signs of rust and wear.
Car buyers should open and close all the doors, the trunk, and the hood to make sure they move smoothly and effectively. Loose hinges or rotting and damaged rubber seals are often cause for concern. Individuals can check the suspension by pushing down on each corner of the car to test the rebound. If it bounces more than once, the shock absorbers need some attention. Uneven wear on the tires indicates an issue with alignment.
Inside the vehicle, shoppers should check the condition of the upholstery, the functionality of the seats, and the illumination and function of the control panel.
Mileage
As with any vehicle, the more miles an exotic car has, the shorter its remaining life span will be. However, shoppers on a budget may find it easier to buy an exotic car if it’s already racked up some miles. Since exotic cars often spend less time on the road, a vehicle with even 20,000 miles is considered to have high mileage by some. However, exotic cars can generally roll well past 100,000 miles. For example, there was a 188,000-mile Lamborghini Huracán at a rental business in Las Vegas that nearly 2,000 people drove before the owner sold it.
CARFAX Report
Shoppers should carefully review the CARFAX report for any vehicle that they’re considering purchasing. This is especially true when someone wants to buy an exotic car. An accident claim can reduce the value of the car by 20% to 30%. On a high-end vehicle, this is a significant amount of money.
The CARFAX report provides a detailed history of the vehicle in question with information on:
- Owner history.
- Title history.
- Accidents.
- Structural damages.
- Airbag deployment.
- Odometer checks.
- Manufacturer recalls.
CARFAX draws information from over 139,000 data sources and maintains over 31 billion records in their database. This report can indicate whether a vehicle was salvaged, water damaged, hail damaged, or sold back to the original owner as a lemon. It will even tell you if the seller cannot verify the vehicle’s exact mileage or if the odometer stops at 99,999, making it impossible to track the accurate mileage.
Findings from the CARFAX report may deter buyers altogether. Those who still want to purchase the vehicle can do so with greater bargaining power if they’ve learned about previous issues or damages that impact the value of the car.
Car buyers looking for an outstanding exotic vehicle should check the new inventory at Tactical Fleet on a regular basis. This ever-changing lineup can yield some thrilling finds.
