How Much Does It Really Cost To Drive A Fancy-Ass Car?

I’m not sure why it still manages to surprise me, but it does. Maybe it’s instinct. When a fancy sports car rolls up beside the sidewalk and stops to park in downtown Fargo, every head turns. Sure, we are checking out the car we wish we could afford, but ultimately, we are holding our breaths to see who will step out.

By now, I should be able to predict who it will be: likely a 60-something-year-old grandfather who has worked his ass off, been frugal with his money for the last 40 years of his life, and waited for the day that he could check “buy a Corvette” off his bucket list. Good for you, pal.

As a youngin’, I couldn’t figure out why it was that younger generations weren’t cruising around in these devilishly handsome cars. Now, I guess it’s obvious. It’s all about the money, honey.

Still, I wanted to know exactly how expensive these things were. (My dad was a mechanic-turned-auto-professor, so an obsession with cars started early on.) I realize I can’t hand over $200,000 for a car up front, but people finance their homes, why couldn’t you finance an expensive sports car? What would the monthly payment be? Is it really all that bad? I’ll let you decide for yourself.

Terms & Conditions

I researched 11 of my dream sports cars in attempt to see how far I am from my dreams. Using an estimated 2015 annual percentage rate (APR) of 3.07 percent, a down payment of $0 (come on, they are selling you a super expensive car), and a 5-year loan, the following are estimated—I stress estimated—prices for your dream cars according to the manufacturer’s suggested retail price (MSRP), thanks to the auto loan calculator.

The (Estimated) Truth

Alfa Romeo 4C
01-2015-alfa-romeo-4c-fd-1

MSRP: $53,900

Monthly Payment: $970.19

Interest Paid: $4,311.40

Total Paid: $58,211.40


Chevrolet Corvette Stingray

The 2015 Corvette Z06 will deliver unprecedented levels of aerodynamic downforce, at least 625 horsepower from an all-new supercharged engine, and an all-new, high-performance eight-speed automatic transmission, and the suite of advanced driver technologies introduced on the Corvette Stingray.

MSRP: $55,000

Monthly Payment: $989.99

Interest Paid: $4,399.40

Total Paid: $59,399.40


Jaguar F-Type

2015_jaguar_f-type_coupe_orange

MSRP: $65,000

Monthly Payment: $1,169.99

Interest Paid: $5,199.40

Total Paid: $70,199.40


Porsche 911

2015_porsche_911_targa_2_1920x1080

MSRP: $84,300

Monthly Payment: $1,517.38

Interest Paid: $6,742.80

Total Paid: $91,042.80


Dodge Viper

01-2014-srt-viper-gts-review-1

MSRP: $84,995

Monthly Payment: $1,529.89

Interest Paid: $6,798.40

Total Paid: $91,793.40


BMW i8

2015-BMW-i8-PLACEMENT2-626x382

MSRP: $136,500

Monthly Payment: $2,456.97

Interest Paid: $10,918.20

Total Paid: $147,418.20


Mercedes-Benz SLS AMG

2015-SLS-CLASS-COUPE-ROADSTER-CH01-D

MSRP: $221,580

Monthly Payment: $3,988.40

Interest Paid: $17,724

Total Paid: $239,304


Lamborghini Huracan

2016-McLaren-MP4-12C-supercar-open-door

MSRP: $237,250

Monthly Payment: $4,270.46

Interest Paid: $18,977.60

Total Paid: $256,227.60


Ferrari 458 Italia

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MSRP: $239,340

Monthly Payment: $4,308.08

Interest Paid: $19,144.80

Total Paid: $258,484.80


McLaren 650S

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MSRP: $265,500

Monthly Payment: $4,778.95

Interest Paid: $21,237

Total Paid: $286,737


Bugatti Veyron

2013_bugatti_veyron_16.4_grand_sport_vitesse_wrc_14_1920x1080

MSRP: $1,700,000

Monthly Payment: $30,599.68

Interest Paid: $135,980.80

Total Paid: $1,835,980.80

So… are you convinced? Have I inspired you? This blew my mind, encouraged me to admire the fancy cars as they drove by, and high-five that retired guy who finally achieved his dream. Drive on, gramps. Drive on. I’ll stick to my trusty Pontiac Grand Am. And maybe someday I’ll find it realistic to throw down some dough and #WakeUpInANewBugatti.

4 Responses

  1. Kevin

    As a former insurance agent, I can say there is even more cost than what you listed. It’s a little bit different scenario, but you would not believe how many times an 18-22 year old guy would come in the office only to find out that he could either afford his new crotch rocket motorcycle or the insurance on it. (And if there was a loan on the bike, the lender required insurance.) One customer told me the insurance was more than his payment for the motorcycle itself!

    1. Alexandra Floersch

      Kevin, great point! While this was a VERY rough estimate for what a sports car might cost (without a down payment), many forget how expensive insurance can be. I guess that’s just one more reason for why I won’t be buying a brand new Lambo.

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