Lifestyle

Cost of Ownership of an Exotic Car

Cost of Ownership of an Exotic CarWhen buying an exotic or luxury car, many factors come to play. From the insurance to the cost of an oil change, it is not easy to determine true cost of ownership. To your surprise, many exotic cars are actually not that complex in nature and share many common parts underneath the shell with more common everyday cars. There will never be a way around regular routine maintenance and wear and tear but there are shortcuts when it comes to purchasing the parts for maintenance that are near OE spec. In this guide, we break down a lot of misconceptions and some of the true cost of ownership when it comes to exotic cars.

When buying an exotic or luxury car, many factors come to play. From the insurance to the cost of an oil change, it is not easy to determine true cost of ownership. To your surprise, many exotic cars are actually not that complex in nature and share many common parts underneath the shell with more common everyday cars. There will never be a way around regular routine maintenance and wear and tear but there are shortcuts when it comes to purchasing the parts for maintenance that are near OE spec. In this guide, we break down a lot of misconceptions and some of the true cost of ownership when it comes to exotic cars.

Why You Should Always Buy a Used Car Instead of New

Why You Should Always Buy a Used Car Instead of New

The automotive industry is highly misunderstood and that is partly the fault of media and dealers, but also because of the lack of education on how it all works. Most people seem to not understand how the used vehicle market works and actually seem to miss that it actually makes up a very large percent of the entire car sales…

Can You Afford an Exotic – Like Ferrari or Lamborghini?

Can You Afford an Exotic - Like Ferrari or Lamborghini?

In my earlier years owning and driving exotic cars, I used to always get the question: “How do you afford these cars?” You have to understand that during the ownership of my first few exotics, I still worked for other people and even though I had a very comfortable 6 figure salary, it simply seemed unlikely that I could afford…

Project Sadie – Mercedes Benz SL55 AMG

Project Sadie - Mercedes Benz SL55 AMGAt Secret Entourage have done countless car buyer's guides for today's top exotics and have even talked about the best cars to buy under $30,000. It's been a while so this month we decided to talk about what we think is one of the best luxury cars you can buy under $30,000. Our pick this month is the Mercedes Benz SL55 AMG and with a sticker price of $130,000, it seems out of reach for many people, but thankfully for our car buying system, you can identify some of today's nicest and lowest mileage SL55's between 2003-2006 for $22,000 to $30,000. You could essentially be driving one of the iconic Mercedes Benz SL55 AMG's for less than a new Honda Accord.

At Secret Entourage have done countless car buyer’s guides for today’s top exotics and have even talked about the best cars to buy under $30,000. It’s been a while so this month we decided to talk about what we think is one of the best luxury cars you can buy under $30,000. Our pick this month is the Mercedes Benz SL55 AMG and with a sticker price of $130,000, it seems out of reach for many people, but thankfully for our car buying system, you can identify some of today’s nicest and lowest mileage SL55’s between 2003-2006 for $22,000 to $30,000. You could essentially be driving one of the iconic Mercedes Benz SL55 AMG’s for less than a new Honda Accord.

Exotic Car Insurance – How Much & Where to Buy

Exotic Car Insurance - How Much & Where to Buy

Years ago we ran an article on exotic car insurance and the poor service we received from a company named Hagerty when we shopped for insurance. We mentioned that certain insurance companies like GEICO will not offer insurance on brands like Maserati, Ferrari, or Lamborghini simply due to the nature of the car, not even based on its value. Most…

How to Get Exotic Car Financing as Low as 2%

How to Get Exotic Car Financing as Low as 2%

In our course, Exotic Car Secrets, we break down the reality behind how beneficial financing can be for exotic cars. While you may be able to afford to buy your car cash, there is no reason to let go of such a large sum when you could be borrowing free money. That right free money.

BMW E60 M5 Buyers Guide

BMW E60 M5 Buyers GuideRoughly nine years ago, the masterminds at BMW Motorsport, BMW’s in-house performance division, decided it would be a spectacular idea to stuff a massive 5 liter V10 engine producing just north of 500 horsepower into their mid-level sedan, the BMW 5 Series. The BMW E60 M5 was produced between the years 2006-2010. The bottom line is, the E60 M5 is still arguably one of the most insane, capable, and ridiculous cars of all time. If you are considering E60 M5 ownership, this buyers guide should help educate you on the pros & cons, as well as what to look for in when buying pre-owned such as key options and equipment, and what kind of service and maintenance you can expect from a car of this level.

Roughly nine years ago, the masterminds at BMW Motorsport, BMW’s in-house performance division, decided it would be a spectacular idea to stuff a massive 5 liter V10 engine producing just north of 500 horsepower into their mid-level sedan, the BMW 5 Series. The BMW E60 M5 was produced between the years 2006-2010. The bottom line is, the E60 M5 is still arguably one of the most insane, capable, and ridiculous cars of all time. If you are considering E60 M5 ownership, this buyers guide should help educate you on the pros & cons, as well as what to look for in when buying pre-owned such as key options and equipment, and what kind of service and maintenance you can expect from a car of this level.


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