For many people, owning a sports car is a dream come true. 

Regardless of exactly which brand and style you decide to buy, this is a fantastic moment to enjoy a beautiful vehicle that will give you years of pleasant drive-time experience. 

However, with that being said, a lot of people don’t understand that buying a sports car comes with its own set of additional requirements. 

And before you invest in your favorite car, it may be a good idea to review the checklist to make sure you’ve got everything lined out—and that you’re ready for some of those often ‘unforeseen’ extra elements and expenses. 

So let’s dive into it and talk about everything you need to know about owning a sports car. 

1. Maintenance Costs More

Most sports cars cost more money to maintain than a typical car. 

The reason for this is pretty simple. 

Since it’s a more expensive piece of machinery, special automobile shops in dealerships will be required to perform the bulk of the maintenance.

And these shops cost more to operate. 

Plus, the parts usually cost more as well. 

Everything is just more expensive when you’re dealing with sports cars. 

So make sure to factor in a bit of extra money for changing the oil and replacing the brakes.  

2. It’ll Attract People To You

This is one of the great things about owning a sports car. 

When you drive around in a sports car, you basically radiate a higher level of social status. 

People will associate you with being cool, fun, and awesome. 

This is great news if you love to socialize and talk about cars and other people. 

However, this is bad news if you don’t like needless attention. 

The flashier the car, the more attention you’ll tend to get. 

So if you’re extroverted and you love getting compliments from people who would love to own sports cars of their own, then the flashier, the better

3. It’s A Status Symbol

Another thing that a lot of people don’t realize about a sports car is that it’s truly a status symbol

When people see that you’re driving a sports car, they’ll assume that you are either wealthy, high class, or that you’re earning a significant amount of money. 

This can be a good thing and a bad thing. 

It can cause people to treat you with a higher level of respect.

However, it could also lead to people approaching you with their hands out—hoping that you’ll be willing to fork over a bit of that ‘extra wealth’ to help out a person in need. 

People may assume you’re going to pay for things—and may try to ‘piggyback’ onto your successful life. 

4. You’ll Need High-Grade Insurance 

When operating a sports car, you won’t want typical run-of-the-mill insurance. 

The reason for this is pretty simple. 

Sports cars are worth a lot more. 

Therefore, you’ll want to make sure that you’re covered in all situations. 

You’ll also want to make sure that you’ve got a great deductible, and that you won’t need to fork over any personal money if you get into some kind of an accident. 

You’ll also want to make sure that your flashy, impressive ride will get replaced if it gets totaled or banged up too badly. 

So insurance is truly a must. 

Note: Another thing that you may need is a great lawyer. 

Here’s the thing—especially in states like California, you’re going to want to have a lawyer’s information in your back pocket, just in case you need someone to help you with an accident case or injury related to someone else’s driving negligence. 

And you definitely don’t want one of those law firms that also represent the insurance companies!

JT Legal Group says it like this:

“We only represent the injured, NEVER the offenders or insurance companies. This side of the fight is one of our profession’s guilty-little pleasures, “We believe seeing them squirm is ‘part of the Recovery Process!’”

5. You’ll Need A Garage

You definitely won’t want to spend a bunch of money on a sports car just to leave it outside. 

It’s true that cars tend to be weather-resistant for the most part. 

However, over the years, the outdoor elements can play havoc with a car. 

They can fade the paint, rust the metal, etc. 

Therefore, you’ll definitely want to make sure that you’ve got garage space where you can store your prized new possession. 

So before you jump to buy the sports car, make sure that you either have a garage or that you’ve at least got a carport that you can park it under. 


There you have it.

Everything you need to know about owning a sports car. 

Once you check these items off your list, you’ll be ready to rock and roll in your favorite flashy automobile. 

Be safe and have fun. You’ve earned it!

By Manali