June-4-10

Porsche 550 Spyder

Posted by admin under New Porsche News

In 1953, Porsche needed a race car more powerful than the
356. So they created the 550. This was the first true competition
car from Porsche. It was lightweight, it had two seats, aluminum
body, tubular frame and an open top. They were racing only with
Volkswagen. The initial pair of 550 dominated their class at Le
Mans finishing one-two in the 1500cc division. Then, one of the two
cars won its category in the famed Pan Americana Mexican road race.

Subsequent 550`s carried on what the initial 550`s had started.
They were fitted with the four-cam Carrera flat four cylinders. They
soon became dominant cars world wide. During races, it was fast
and easily maneuvered so no other car stand a chance. But people
loved it purchasing every one of these quick little cars they could find.

In 1956, Porsche started to produce the 550A, a slightly modified
Spyder. It was a hit, shocking the entire world by winning in its first
Appearance in Targa Florio, a brutal road race. It also humbled well-known
and more powerful rivals such as Ferrari, Maseratti and Jaguar.
In the next five years it won almost all the races in which it competed.
It became a car that attracted more attention for its occasional
losses than for the nearly non-stop victories.

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April-30-10

Ins and Outs when Buying a Sports Car

Posted by admin under Sports Cars

Many financially gifted individuals are thinking wondering what to do with their fat wallets should they put it in the bank for future investment use it for something that is tangible. They might just say hey, this is exciting! and what better thing to buy that can cause a phrase like this – a brand new sports car!

But here’s how to look at both the positive and negative sides of spending cash for a sports car.

Fanatics can find the most interesting and beautiful reason to own a sports car and the good news are is:
- Sports cars fit the lifestyle of the rich, the famous and the elegant.
- These sports cars have more powerful engines with up to 750 horsepower.
- Sleek, convertible types depreciate more slowly than hardtop rivals.
- The newer the sports car model, the more impressive the driver is.
- Fans of pricey sports car can choose between the coupe type and convertible type.
- Automatic transmission sports cars have better resale values.
- High-end exotics have been largely immune to the recession
- Less striking cars do best, often losing as little as 6 to 10% of their worth over five years.
- Sports cars are used in many cases for car racing. Both men and women are starting to become addicted with the sport.

Although fitting, as it can be, for their lifestyle, its not all that easy when it comes to buying a sports cars, the not so good news is:

- Sports cars are prone to being affected by recurring and financially viable trends.
- Some sports cars have very expensive and hard to find repair parts.
- Sports car buyers should not expect to ever get back their full investment when reselling the car.
- Expensive sport cars infrequently serve their purpose as just a means of transportation. They just become the collectors item that is rarely used.
- Driving an expensive sports car means spending extra money for gas.
- Models that were sold at special discounts decrease in value faster than other models.
- Various exotic sports cars that only a minority can find the money for are often resold because of costly maintenance.

On the other hand, sports cars have become a passion for some. It could indicate that the buyer would spend more than he should, since it brings enjoyment to the owner, and he is willing to sacrifice the costly price of owning one for the joy and prestige it gives.

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