Supercar Owner Misconceptions

What are the top 5 supercar owner misconceptions that I think are floating around? Click below to find out!!

Number 1 - Supercar owners are Billionaires (or Millionaires)

Most people expect supercar owners to be Millionaires or Billionaires. While most supercar owners are at a minimum a Millionaire, the far majority are not Billionaires. Currently there's over two thousand Billionaires in the world. In comparison, Ferrari makes over 10k vehicles a year! That means the far majority are not Billionaires. On the other side of the spectrum, there are supercar owners who've worked hard their entire lives and bought their dream cars without every being a true Millionaire. Another common way is to lease a supercar which can cost less than $2k dollars a month.

Number 2 - Supercar owners are jerks!

This can't be further from the truth! I've personally met many supercar owners that are down to earth people that I would genuinely want to hang out with, whether they have a supercar or not. There is the occasional jerk who thinks they're better than everyone else because they drive a more expensive car but those are far and few in between. Most owners are low key and regular people who like to enjoy their vehicles.

Number 3 - Supercar owners drive like maniacs

Supercars are amongst the fastest vehicles on the planet but doesn't mean every single owner or even the vast majority of owners drive them like they stole it. Think of it like your computer, do you push your computer to the limit such that the battery starts to heat up excessively and the fan hisses? Probably not.

Number 4 - Supercar owners all come with a trust fund

This is related to number 1, but owners come from a variety of backgrounds. Most own their own small business, whether that's a consulting firm or a plumbing business. Another large portion of owners are high salaried professionals working as doctors, lawyers or engineers. And needless to say, most don't have their own trust fund that gets used to purchase their cars!

Number 5 - Supercar owners buy their vehicles

Most supercars are actually not bought out, but rather leased. Leasing a car allows an individual to tie up very little cash upfront while being able to get the latest model year vehicle. It's attractive for a number of reasons but some include that the car can potentially be written off as a business expense or the owner can invest money not tied up in the car (and make a higher return).