If you plan on buying a performance car, congratulations. Most car lovers look forward to buying a performance car, and it's always an exciting experience. However, before you make the leap, you should consider a few factors about the reality of buying a performance car.

It’s easy to love the idea of owning a performance car; however, before you make what could be the biggest investment in your life, there are some rules to follow.

10 What Car Is Best For You?

Blue BMW M340i
Via BMW

Performance cars are available in all shapes and sizes. The most common include coupes, sedans, and SUVs. Besides picking the shape and size, you need to consider whether you want gasoline, hybrid, or electric-powered performance car.

audi-rs-q8-front-RSQ8_2020
via Audi

It helps narrow your search and focus more on the features you would like in the car. Most companies offer a plethora of specifications, but you can also opt for the base trim if you don’t care for these luxuries.

9 How Will You Use The Car?

2023 Dodge Charger SRT Hellcat Redeye Widebody
Dodge USA

In some cases, you might want a performance car for you or a car you can use to carry some friends and family. Determining how you will use the vehicle helps pick a shape and size that suits your needs. Besides, you must factor in how you plan to drive the car.

2021 Lamborghini Huracán STO - Super Trofeo Omologata
via Lamborghini

Will it be a daily driver or a weekend car? For a daily driver, you need to consider a reliable performance car with understandable fuel consumption figures. For a weekend or track car, you can focus more on the performance figures and forego fuel efficiency.

Related: These New And Affordable RWD Cars Offer Ridiculous Amounts Of Fun

8 Hardtop Or Soft Top For A Convertible?

Porsche Targa 4S Heritage Design Edition
via Porsche

If you plan on buying a convertible, you have two options, a hardtop or a soft top. With a soft top, you compromise slightly on security since the fabric can easily be vandalized. You'll also have to deal with cabin noise since soft tops offer poorer insulation and temperature control.

Ferrari-LaFerrari-2014-1280-11-2
via Ferrari

On the other hand, hardtops also have some design considerations. For one, it’s a heavier mechanism compared to the soft top. This can impact fuel consumption and performance while using up more space. However, a hardtop is more secure and offers better temperature control and insulation.

7 What Can You Afford?

volkswagen-scirocco
via TopSpeed

No matter your budget, you will find a performance car to match. Therefore, take time to assess what you can afford. Always remember that you can begin with a less powerful performance car and later upgrade with time.

Bugatti Chiron Super Sport
via Bugatti

Choosing what you can afford right now helps you pick a performance car that will be fun to use. Besides, you won't be covered in debt with monthly payments. Instead, you can find a vehicle within your budget range and get the most out of it.

Related: 10 Performance Cars From The 80s That Everyone Forgot About

6 Buy Used Or New?

Blue 1993-2001 Subaru Impreza WRX
Bring a Trailer

After knowing what you can afford, it can be easy to determine whether to buy used or new. There are plenty of powerful performance cars in the used market. You can find good, reliable used performance cars from $10,000 to over $1 million.

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via BMW

In the new car market, you have the luxury of personalizing the car to your liking. Besides, you get the comfort and satisfaction of being the first owner. You can also finance any used or new performance car, but it's advisable to check the APR to ensure you're getting the best deal.

5 What To Look For When Buying Used

Red Ferrari 250 GTO supercar parked
Ferrari

If you’ve settled on a used performance car, you need to be extra vigilant. One thing to consider should be the mileage. Look for a car with reasonable mileage depending on the year of manufacture. A good figure should be around 10,000 miles a year.

Lamborghini-Gallardo-2003
via NetCarShow

Other factors to consider include the year of manufacture, specifications, etc. After confirming that you have the ideal performance car, you can book a test drive. During the test drive, put the car through its paces and check the brakes, gear changes, and ride quality.

Related: 8 Great Reasons To Be Driving A Manual Transmission Car In 2022

4 What Are Your Buying Options?

Volkswagen Golf GTI Side Profile Yellow
Volkswagen

Moving from looking for a performance car to sitting in it and driving it is the most exciting part of the buying experience. By this time, you have found a few choices for the performance vehicles that are right for you.

The Mercedes-AMG GT Black Series on the track.
via Mercedes-Benz

Depending on where you are looking for the performance car, you should reach out and proceed with the purchase. Therefore, when using direct buying sites, you should reach out to the owners and book a test drive. The same applies when looking for a car through a dealer or manufacturer’s site.

3 Get Financing, Warranties, And Insurance

2019 Old Crow Ford Mustang
via Ford

If you want to finance your vehicle, you might come across manufacturers offering low or zero-percent financing deals. This helps you save even more money when buying your performance car. However, you require to have a good or excellent credit score.

Dodge_Scat-Pack
via Stellantis

Checking the warranties is also necessary since it helps you save on minor repairs and services on the vehicle. If you plan on purchasing a used car, look for an extended warranty. For a new car, you should check whether the warranty duration will be enough for you. You should also consider the insurance rates of your performance car.

Related: 10 Fantastic Alternatives To Overpriced Performance Cars

2 How Will You Care For The Performance Car?

BMW-M2-CS---Front-1
Via: BMW

After getting ownership of your performance car, it's up to you to ensure it stays in good condition. Most performance cars need a little more TLC than the average vehicle. Also, if the car breaks down, it might cost a bit more to fix, so you need to pay attention to the car’s maintenance and upkeep.

Audi RS6 Avant Dark Grey
Via: Audi

A few things you can do at home include keeping the car clean, frequently checking the fluid levels, checking the tires, and regularly cleaning the hood. Conducting these frequent checks helps you have peace of mind and keep the car in tip-top condition.

1 Get The Most From Your Performance Car

Audi-TT_RS-2010
via NetCarShow

Besides caring for your performance car, you should take some time and enjoy it. One way of doing this is to book a track day and put the vehicle through its paces. This helps you discover the limits of your performance car and even get a chance to hit the top speed.

Nissan-GT-R_Egoist-2011
via NetCarShow

You can also do some hill climbs or look for some curvy roads where you can enjoy the car. If you want to meet fellow car enthusiasts, you can attend car meets and take a look at other performance cars. For a niche performance car experience, you can join an owners’ club for better tips and ideas about your specific make and model.