To sell my Lamborghini is something I thought I would never have to do. My Lamborghini Gallardo was one of the dearest possessions I had, and the idea of parting with it was, quite simply, very disheartening. But life can be harder than we expect it to be. After my marriage last year, I had to take out a new personal loan and I was sure I could handle it: after all, my wife and I were in well paid careers.

Nonetheless, neither of us had thought that the current recession would be this daunting. I lost my job, in fact the management decided to pull down the shutters. That was four months ago, and despite a gruelling job search, I had not been able to find a job that suited my qualifications. Anyway, no point moaning about it. I made the decision that I had to sell my Lamborghini. Continue reading When I Had to Sell my Lamborghini Here’s What I Did

The purchase of sports cars is a precarious business; there are so many factors to take into consideration before you hand over that (soon to be) maxed out credit card. For a start, cars of this nature have some of the harshest depreciation rates of all cars. You are likely to find that your prized, new vehicle loses almost half of its value as soon as its pristinely tuned engine elegantly pulls you away from the forecourt. Secondly, there are the age-specific dilemmas to take into consideration. We are all aware of the “mid-life crisis” tag that is (often) justly hung over the heads of the greying gentlemen who buy them. Amongst other sneers is the occasional jibe that a middle-aged man in a sports car looks like a Worm on a Diamond. Thirdly, there are the obvious cost implications. A high performance car that looks the part is going to set you back in a major way; in many cases you may just be paying over the odds for the badge on the front. Continue reading Mazda MX-5 – A Cheap Sports Car?