We have compared some of the pros and cons of buying a Lamborghini or renting a Lamborghini in Miami. Depending on your situation and financial status it may be better for you to rent, lease, or buy. In this article, we will outline all of your options.
Renting
Renting a Lamborghini in Miami has lots of benefits over buying. We will compare the long-term and short-term benefits depending on several situations and factors. The good thing with renting is that you have the most flexibility and don’t need to worry about the maintenance and storage of the car.
Maintenance
Lamborghini’s are high-performance exotic cars and because of this, they require more costly maintenance. They can sometimes be temperamental if you are not maintaining them properly. The Maintenance cost can also get costly because of the premium parts used on these cars.
The benefit of renting a Lamborghini is that you don’t need to worry about maintenance. As long as you don’t damage the vehicle while you rent the car you can just rent the car for the day and not have to worry about any additional cost.
Cost
The cost to rent a Lambo in Miami can cost you as little as $1,300 for the day. If you only want to take some pictures with a Lamborghini and want to experience the thrill of driving a high-performance sports car for the day renting is going to be your best option. You won’t need to worry about any additional fees associated with driving Lamborghini but if you are renting a Lamborghini more than 14 days a month you would probably be better off buying. If you just plan on renting a Lamborghini for the weekend every couple of months it will be cheaper to rent.
Flexibility
When you rent a Lamborghini in Miami you have the flexibility to change the color and model of the car every weekend. You also get to drive the latest model whenever you decide. If you rented a Black Lamborghini last month you can choose a different color this month to match your suit. It’s like having a garage full of exotics at your fingertips so you can swap cars when you like and renting is going to give you the most flexibility overall.
Storage
Lamborghini’s are expensive and require you to properly store the car in order to keep your precious work of art free from getting damaged or stolen. Lamborghini’s need to be stored in a proper storage facility in order to keep your Lambo in tip-top shape. You don’t want a bird to poop on your car and leave it outside for it to damage the car’s paint. With a rental, you don’t need to worry about storage and you can just pick up the car and drop it off to the exotic car rental service.
Commitment
When you rent a Lamborghini in Miami you aren’t tied into one car. You have the benefit of being able to swap cars every weekend without having to worry about having to sell the car and get the most value back. With Miami Lamborghini rental services you can always choose a new Lamborghini every time you come to Miami. It’s like having a Garage with over 50 Lamborghini’s ready for you when you arrive.
Leasing a Lamborghini
Lower Payments
When leasing a Lamborghini you have less of a commitment than buying and the payments are also generally lower. That being said you do set your mileage limits so if you go over what you had anticipated then you will have to pay a fee for the additional miles.
Swap Lamborghini every couple of years
Always drive the latest Lamborghini and also have the option to change to a different brand if you prefer. Most leases have 2 or 3-year options so you can easily get into the latest Lamborghini’s with little effort every couple of years. They can also be tailored depending on your mileage requirements and how long you want to keep the car.
Buying a Lamborghini
Purchasing a Lamborghini or financing one also has its benefits. If you have a model that you’ve always wanted and plan on keeping the car for the long term then financing or purchasing the car may be a good option for you. You will still be able to sell the car if you decide to but it can take a while to find a buyer.
Changing Cars
When you buy a Lamborghini in Miami you are committed to the car for the long term. This means if a newer, more sleek model is released you will have to go through the trouble of finding a buyer and waiting for the right time to sell the car. If you are someone who gets bored quickly then buying might not be the best choice for you.
Full Customization
If you are a hard-core Lamborghini enthusiast that likes to upgrade exhaust and tune your car for the optimum performance buying will be your best option. Widebody kits look great on Lamborghini’s but are not easily reversible so in this case, buying is your only option. If you just want to swap the wheels and throw a wrap on the car you can easily lease the car and reverse the changes when it’s time to return the car.
Collectors
If you are a collector then obviously buying is the only option. If you are in a financial position where you can have a collection of Lamborghini’s then buying is the best and only option. You will also need to work with someone or do your own research to make sure you are buying the right model for your collection. Some models have a higher value than others due to their exclusivity or demand. Just like some people collect paintings and sculptures some would prefer to buy a driveable piece of Art.
Limited Edition Models
Buying a Lamborghini can also become an asset or investment. Unlike most Lamborghini’s or cars in generally limited edition models actually go up in value. Limited edition Lamborghini’s are produced in limited numbers so that makes them harder to find which in turn makes them more valuable over the years.
For example, the Lamborghini Countach LPI 800-4 is a beautiful collector’s item that will surely increase in Value and you probably will not be able to rent this car anyways. This is one of the coolest Lamborghini’s you can own and will definitely be a collector piece. When you look back at the 1985 Countach that is over 37 years old it still will cost you over $400,000. You also can’t find many of them for sale as collectors usually keep them for their lifetime.