5 Cars You Might Be Able to Afford with an Auto Loan
Many people dream of one day being able to own a very nice car. It might take years of savings or that promotion you have been waiting for, but someday you might just have the opportunity to buy the car of your dreams. However, these cars come with steep price tags, so you might want to consider getting a low interest auto loan to help with your purchase. Columbus Banking Rates has put together a list of five cars which might tempt you to buy them once you have enough capital. Careful though. Each of these cars costs over $100,000.
1. Mercedes Benz S600 – With a base MSRP of $149,000, you can also expect an additional gas guzzler tax of $3,000. This luxury sedan also offers additional features which can quickly cost you several thousand dollars. This car boasts a 510 horsepower bi-turbo V12 engine and features a leather interior, heated steering wheel, a panoramic sunroof, heating and massaging seats, night vision, rain-sensing wipers, and much more. This car goes from 0 to 60 mph in only 4.5 seconds and comes with all the prestige associated with the Mercedes Benz brand name.
2. Ferrari California – With pricing beginning at $180,000 (due to euro to dollar , the California is already a better option than the F430 at ten thousand dollars more. As Ferrari continues to attempt to create an entrance level car, the California is their best try yet. The first retractable hard top convertible made by the company, the car features a 4.3 liter V8 engine with direct fuel injection and 460 horsepower. Consider this car as your entrance into the world of Italian performance cars.
3. Audi A8 – With a starting price of $76,000, the Audi A8 looks appealingly cheaper than the other cars on this list. Its V8 spark ignition, direct injection engine gets up to 350 horsepower. This luxury car features many of the same qualities of the S600, including heated seats, night vision, speed limit display, lane assist, side assist, and a rear view monitor camera. This car provides a sense of security, wealth, and power all at once.
4. Aston Martin Vantage – This exotic sports car is priced around the $110,000 mark. Stealing its name from a 1970 car model, the Vantage has a 420 horsepower engine and goes from 0 to 60 mph in just 4.7 seconds. It provides a larger storage area than most sports cars and has been admired for its elegant design and handling capabilites. . It also comes in both convertible and coupe styles. Although James Bond has not used this car as his personal plaything just yet, it could be yours before they use it in a movie.
5. Lamborghini Murcielago – Following the car company’s tradition of taking their car’s names from the world of bullfighting, this car’s name comes from a famous bull who survived 28 sword strokes and lived on to father the famous Miura line of fighting bulls. The V12 engine gets 631 horsepower and accelerates from 0 to 60 mph in just 3.4 seconds. Be prepared to finance this luxury sports car, which sells at the high price of $405,000. Be prepared to finance before you become to infatuated with this car.
Although you might not be able to afford these cars for a long time, consider buying a more affordable car. Even a car which is not really in your price range can be financed using a low interest auto loan. Let Columbus Banking Rates help you find the most competitive rates for your loan.
