Whether you get more bang for your buck by purchasing a new or used sports car depends on your specific budget, driving habits, and personal preferences. Budget. Used sports cars can be a more reasonable option than brand-new ones. A used sports car may be more affordable if your budget is tight. Needs. A new sports car may be the best option if you're looking for a dependable vehicle with a warranty. Used sports cars may have higher repair costs and no warranty. Preferences. A brand-new vehicle may be your best bet if you're looking for a cutting-edge sports car. Used sports cars can be a great option if you're trying to save money. Here are some extra things to think about if you're trying to decide between buying a new or used sports car: Depreciation. If you buy a new sports car, you will lose much money because of its rapid depreciation. You will lose less money when you sell a used sports car because of its depreciation. Maintenance and repairs. The upkeep and repair of a sports car can be costly. A used sports car might not be the best choice if you don't have the money to cover these expenses. Insurance. Insurance premiums for sports cars are higher than those for other vehicles. You may have to pay more for insurance if you have a history of reckless driving.