Top 10 Summertime Toys

One of these sexy drop-tops could be the perfect reward for your hard labor. There are plenty of options, from affordable to extravagant, so you don't have to blow your retirement savings.

Buying a car purely as a personal indulgence may be more within reach than you think. The article list of Top 10 Summertime Toys includes racy convertibles that start at about $20,000 and go up to more than 10 times that.

But exactly how much wealth do you have to amass before you can safely justify purchasing even a moderately priced convertible purely for the sake of enjoyment?

First, have enough money invested to fund your retirement until at least age 95, possibly even longer, says John Wasik, personal finance columnist and author of The Merchant of Power. “If a dream car purchase puts you into debt, then it's unwise,” he says. “Financing a depreciating asset is always a bad idea, but if a sports car makes you feel alive and you aren't financing the thrill with money you'll need later, then by all means you should put the pedal to the metal.”

We’ve concocted a list of entertaining convertibles in a wide range of prices that serve as rolling rewards for a life well lived. Far from being rational choices, ragtops convey a sense of freedom and emotion that no other vehicle can offer, which makes them popular choices as personal extravagances.

If price is a primary concern, there are affordable convertibles like the Mazda MX-5 Miata and Pontiac Solstice, both of which made our top 10 list of summer reward cars. Mid-range drop-tops like the BMW Z4 and Mercedes-Benz SLK-Class step up the luxury and performance without busting a decent-sized budget. Then there are special roadsters like the Dodge Viper SRT10, Ferrari F430 Spider and extremely rare Spyker C12 LaTurbie, an automotive testament to one’s net worth and, perhaps, need for attention.

An Emotional Choice

A car can speak volumes about its driver, says Dr. Charles Kenny, a psychologist who has conducted research for the likes of General Motors, Nissan and Toyota. He says that most car purchases fill an emotional need, whether the buyer cares to admit it or not.

“Single women do not usually want to drive four-door sedans, no matter how nice or how luxurious,” says Kenny, who is president of psychology firm The Right Brain People. “They feel that driving a four-door car says to others that they are committed, taken, settled down and are older and stodgy.”

On the other hand, those who buy ultra-luxury models might expose a need for status and uniqueness, while sports car owners may seek to impart youthful exuberance and rejuvenation. “Buying, owning, being seen in and driving fast, exciting sports cars is a way for people to reassure themselves and tell others that they can in fact be in control of their impulses — like driving too fast and doing almost anything else you can imagine to excess — while still having fun, escaping and expressing themselves,” Dr. Kenny says.

Though research shows that some drop-tops, like Volkswagen’s New Beetle Convertible, tend to have a higher percentage of female buyers, the quickest and costliest convertibles attract more of a testosterone-fueled following. See our feature on the Top 10 Luxury Vehicles Driven by Men for more on this topic.

“Men are drawn to higher-priced, ‘performance’ cars, with 41 percent citing looks and design as a key consideration,” says Doug Scott, Senior VP at the market research firm GfK Automotive. Women, on the other hand, want more conservative, value-oriented models that are fun yet affordable and practical, he says.

Chicago attorney Kathleen Zellner bucks the trend. As an avid car buff, her personal fleet currently includes a 2003 Mercedes-Benz SL55 AMG and a 2006 Porsche 911 Turbo. In a reluctant nod to practicality, as well as to her husband’s bird-hunting hobby, she also drives a Lexus LX 470 SUV.

“Driving sports cars is one of the things I’ve done to reward myself — it’s where I’ve allowed myself to be extravagant in an otherwise extremely disciplined and structured life,” Zellner says. “Plus, it’s a way to stand out in what is a male-dominated business — I like to show the guys I’m every bit as skilled a driver as they are, and probably more so.”

Renting Versus Owning

Fortunately for those who can’t afford (or can’t justify buying) a costly sports car, a growing rental market for upscale rides can help even those with more moderate salaries scratch the itch to feel affluent for a day.

For example, Altitude Dream Cars in Denver, Colo., will rent you a Lotus Elise for as little as $299 a day, or a Porsche Boxster for $349. If you want to make the ultimate impression, a Lamborghini Gallardo will set you back a staggering $1,395 for a 24-hour period. Still, that’s around $179,000 less than actually buying one to impress the former homecoming queen at your high school reunion. Click here to read more about exotic car rentals.

Regardless of how much you spend on a flashy, fun roadster, owning or even just renting one is a great reward. “Driving a good car is one of the few things in my life that I don’t overanalyze and worry about,” Zellner says. “It’s just something I enjoy.”

To make this list, cars had to be convertibles with only two seats. We left out four-seaters because of their bias toward practicality under the premise that two-seat roadsters make no such pretenses — they’re the embodiment of automotive style and encourage driving purely for the sake of enjoyment. The list reflects ForbesAutos editors’ subjective opinions based on collective reporting and test-drives.

10. Most Underrated Roadster

2007 BMW Z4
MSRP: $36,400 - $52,100

The Z4 carries all the visceral appeal of classic European roadsters, yet it tends to get lost in a crowded market. It's extremely satisfying to drive, practical enough for daily use and surprisingly calm with the top down.

Everything about the Z4 warrants a closer look, whether in the quick 215-hp 3.0i, quicker 255-hp 3.0si or quickest 333-hp M Roadster version, each of which delivers progressively sharper handling.

9. Best Budget Ragtop

2007 Mazda MX-5 Miata
MSRP: $20,500 - $26,520

A modern version of the classic roadsters from the 1960s and '70s, the MX-5 Miata remains one of the most entertaining rides at any price. An optional power retractable hardtop keeps the fun rolling when the temperature dips.

The MX-5 Miata packs a lively, 170-hp 2.0-liter four-cylinder engine with a short-throw six-speed manual gearbox among its three transmission choices. It also hugs corners like few others, making it a real value in terms of driving enjoyment per dollar.

8. Best Flash for the Cash

2007 Pontiac Solstice
MSRP: $21,500 - $27,115

Though not quite as polished as the Mazda MX-5 Miata, the two-seat Pontiac Solstice delivers exotic-car curb appeal thanks to curvaceous, low-slung styling. But don't expect a lot of storage space.

The base Solstice backs up its good looks with decent performance from a peppy 177-hp four-cylinder engine. The turbocharged 260-hp GXP version is more satisfying.

7. Most 'Affordable' Luxury Roadster

2007 Mercedes-Benz SLK-Class
MSRP: $43,350 - $62,500

Combining elegant styling and deft German engineering, the SLK doesn't force you to compromise comfort and luxury — even in cooler months. A retractable power-operated roof makes it a true four-season convertible.

Buyers can choose from 228-hp and 268-hp V6-equipped models, as well as the hot-blooded SLK55 AMG that features a burly 355-hp 5.4-liter V8 engine shoehorned under the tiny hood.

6. Best Car for Weekend Racers

2007 Lotus Elise
MSRP: $46,270

The diminutive Elise looks and acts like it belongs on a racetrack more than a roadway. Lightweight aluminum construction allows this two-seater to wring maximum velocity out of its 190-hp 1.8-liter Toyota-sourced engine and hit 60 mph in just under 5 seconds.

Serious racers should opt for the $2,495 Track Pack, which includes Bilstein dampers, an adjustable front sway bar, a rear control-arm brace and provisions for a bolt-in harness bar, all designed for hardcore track driving.

5. Best Modern Classic

2007 Chevrolet Corvette Convertible
MSRP: $52,590

The Chevrolet Corvette is the quintessential American sports car; anyone who grew up during the '50s, '60s or '70s probably lusted after a 'Vette. Now is a great time to get one — the current version is arguably the best ever, yet it stays true to the original.

A 400-hp 6.0-liter V8 engine catapults the Corvette to 60 mph in 4.5 seconds. Besides grinning on the straights, you'll smile when the roads turn twisty thanks to its tight suspension. A burly exhaust sound and coarse nature keep that classic muscle-car persona alive.

4. Best Brute

2008 Dodge Viper SRT10
MSRP: $85,000 (estimated)

With its 600-hp V10, firm suspension, massive wheels and minimalist cockpit, the aggressively styled Viper SRT10 is all about visceral appeal and raw performance. It makes no apologies for its brutish nature, which can definitely be intimidating.

Its 8.4-liter V10 engine generates enough muscle to catapult the Viper to 60 mph in less than four seconds, while bulked-up brakes will bring it back to a standstill from that speed in just 100 feet.

3. Best Attention Getter

2007 Ferrari F430 Spider
MSRP: $192,484

Few cars scream excess and sex appeal more loudly than a red Ferrari. The F430 Spider is currently the only Ferrari with a drop-top. Though engineered for speed, it's actually comfortable for casual cruising, too.

Like a work of art, the F430's mid-mounted 4.3-liter V8 engine sits beneath a glass cover. It's not just for show, though, and generates 490 hp for a 0-60 mph time of around 4 seconds.

2. Best Display of Wealth

2007 Spyker C12 LaTurbie
MSRP: $345,625

We're hard pressed to find a car as rare and impressive as the Spyker C12 LaTurbie, which hails from Holland and could make a Porsche seem mundane. The workmanship of its interior is stunning, with aeronautical details that evoke the company's history of building planes.

Hand-built in limited numbers, this dramatically sculpted Dutch treat exploits a mid-mounted, Audi-sourced 500-hp W12 engine to register a 3.9-second 0-60 mph time and a wildly illegal top speed of 196 mph.

1. Best All-Around Performer

2007 Porsche Boxster
MSRP: $45,600

With classic, uncluttered styling, a comfortable interior, commodious cargo space and stellar performance, the Porsche Boxster excels in every aspect. Thoughtful design — like not one, but two trunks and an easy-to-use top — make it practical enough for daily use.

The base model is more than fast enough, with its 245-hp 2.7-liter six-cylinder engine behind the seats. The S version takes performance to a higher level with a 3.4-liter 295-hp six-cylinder. Also key to the Boxster's appeal is long-standing reliability.
(C)Forbes

2007 Pontiac Solstice GXP Test Drive

The Pontiac Solstice is a much more convincing roadster in GXP trim, but there's still room for improvement.
MSRP: $21,515 - $26,515

Even though it baked for more than three years, GM pulled the Pontiac Solstice from the oven too soon. It looked done, but the inside wasn’t quite cooked through. As a result, the two-seat roadster cloaked in gorgeous skin was undermined by several flaws — excess weight, a rattly driveline, a barely hospitable interior and a folding top that consumed virtually all trunk space.

The 2007 Solstice GXP rectifies several of those issues. “GXP” is the name that Pontiac gives to its high-performance models, and the designation is fitting here: Packing 260 hp thanks to a new turbocharged 2.0-liter four-cylinder engine, the GXP has the legs to run with entry-level roadsters offered by European bluebloods BMW, Mercedes-Benz and Porsche. A revised powertrain mounting system eliminates most of the rattling and whining. The standard sport suspension with Bilstein shock absorbers raises the already surefooted handling an additional notch. Those who patiently avoided the scramble for the base Solstice were wise to wait for the GXP’s arrival.

Exterior

With the soft top stowed, the Solstice is one of the most fetching new two-seaters to appear in decades. Its blend of pert proportions, voluptuous curves and retro fairings on the trunk lid lifts spirits at every sighting.

Pontiac was smart to avoid the temptation to dress up the GXP edition with unnecessary ornamentation. There are a few visual distinctions between the standard Solstice and the new turbo model, all of which have a functional purpose: dual exhaust outlets, a lower opening in the front bumper that sends air to the turbo system’s intercooler and large front brake ducts to help keep the stoppers cool.

The polished aluminum wheels that are offered as optional equipment on the base Solstice are standard on the GXP. A new rear spoiler is also optional, a pleasant change in an industry where higher horsepower numbers are sometimes communicated through higher rear wings.

Interior

The interior of the regular Solstice was rather unimpressive, and the GXP doesn’t really display any improvement. Unlike its subtle massaging of the exterior, Pontiac responded to serious ergonomic flaws inside by tacking on window dressing that does nothing to improve the cabin’s habitability. There are minor changes to the gauge cluster, with a new digital boost gauge and a tachometer redline lowered from 7,000 to 6,300 rpm. The seats get some new red accent stitching, and pedals can now be decorated with slippery metal trim, an option that should definitely be skipped.

Unfortunately, there is still nowhere in the cabin to stash a cell phone, the cup holders are awkward to use and elbows frequently run afoul of one thing or another — the emergency brake lever rubs the passenger, and arm rests are hard and abrasive. There is no button to centrally operate the power door locks, and the driver has to use his or her right hand to reach the power window controls because the switch is placed so far back on the door. It’s as if the entire interior was designed by blind apprentices grabbing mismatched components from wherever they could find them. The truth is that GM gathered parts from all over the world to save costs and keep the Solstice’s price attractive — a worthy goal, even if the execution is a muddled.

Storage outside the cabin is likewise abysmal. When the Solstice was launched, Pontiac announced that custom-fitted luggage and an external carrying rack would eventually be available through GM’s Service Parts Organization to offset the paltry trunk space. But those plans have yet to bear fruit. So aside from cramming small bags and items in the oddly shaped trunk like puzzle pieces, or vacationing with the top up the whole time, which would allow a little more cargo space, you’re stuck with a two-seater that doesn’t let you head out of town for more than a day or so in terms of packing provisions.

Performance

In terms of displacement, the GXP engine is actually smaller than the one in the regular Solstice, but adding a turbocharger, intercooler, direct fuel injection system and more advanced variable valve timing transforms the car from a modest Mazda MX-5 competitor to a mad sprinter capable of embarrassing European roadsters costing tens of thousands more.


With 260 hp and ample torque available the instant the throttle is opened, the GXP feels like it’s energized by a small eight-cylinder engine, making for a Solstice that is smoother, quieter and better behaved than its less potent twin brother. Due to the reduced engine displacement, gas mileage is actually improved over the non-turbo model, if only by one or two miles per gallon.

Tire size remains the same, but a more aggressive tread pattern and stickier compound allow even moderately skilled drivers to make the most of the new-found power. The extra solidity of the spaceframe helps here as well, plus it inspires confidence on the rough roads that bounce Mazda’s MX-5 Miata, the most direct competitor to the Solstice.

The Pontiac Solstice GXP packs a secret weapon that you may not expect: the optional ($850) five-speed automatic transmission. It isn’t without flaw — for instance, there are no steering-wheel-mounted shift controls (as provided in the MX-5 Miata and many other performance-oriented models), no manual shift mode and incomprehensible markings adjacent to the shift lever reading "PRNDIL." But when you engage the mysterious L position and depress the throttle, all is forgiven; the Solstice goes like a shooting star. The transmission delays upshifts to 5,800 rpm in first and second gears, and to 6,000 rpm in third gear, and it automatically downshifts as you brake hard when entering a turn so that you can get through it speedily. Couple this eagerness with no loss of boost during full-throttle upshifts and you’ve got an engine-transmission marriage made in heaven.

According to Pontiac, the Solstice GXP can go from 0-60 mph in 5.5 seconds and clear the quarter-mile sprint in 13.9 seconds at 100 mph. That’s quicker than the base BMW Z4 and Porsche Boxster, and only a hair slower than a V8-powered Ford Mustang GT.

But the acceleration isn’t the only remarkable thing. What’s marvelous is that Pontiac harnesses the turbo engine in the name of refinement, when they could have just as easily created an equally fast ride that feels unpredictable and raw.

It’s a pity Pontiac’s efforts stopped at the engine and suspension, and that the interior and top designs leave so much to be desired.
(C)Forbes

Most Expensive Cars to Insure

High-priced cars aren't just expensive to buy — they can cost a lot to protect, as well.

The more expensive the car, the more it costs to insure. But just how expensive may come as a shock. For modest coverage ($500 deductibles on collision and comprehensive coverage, $100,000 each for personal and property coverage, and $25,000 each for medical and uninsured coverage) on this year's $135,400 Mercedes SL, owners will pay about $22,536 a year.

For pricey cars like this, yearly insurance costing 20 percent of the base price is typical. But for those with low monthly payments on high-end cars, that could mean spending more on insurance than on the car itself.

"The cost of the vehicle is primary when setting the price of a policy," says David Wurster, president of Vincentric, a Detroit-based automotive data firm that studies car insurance costs. Vincentric gets its data from state agencies and averages these figures in compiling its list of most expensive yearly rates. "But there's also the type of vehicle it is. Sports car owners tend to drive them a little more aggressively."

This, in turn, leads to higher-priced policies. With this in mind, it's no surprise that racy offerings from Mercedes-Benz, BMW and Porsche make for some of the most expensive cars to insure.

How It Works
"We start with the manufacturer's suggested retail price," says Kip Diggs, a spokesman for State Farm, the largest insurer of autos in the U.S. Diggs says State Farm then considers how expensive it is to repair each model. The more costly the parts, the higher the policy. For foreign brands with parts from afar, expect to pay more. "From there," Diggs says, "we look at safety features to see if a vehicle qualifies for a safety discount."

Allstate, the second-largest U.S. car insurer, also considers the price, but places more weight on a policyholder's driving record.

"Pricing has more to do with the driver than the car," says spokesman Raleigh Floyd. "If there are two drivers with the same car, the driver with accident histories will have a higher rate. He's shown himself to be a higher risk." Those with a penchant for wrecking Ferrari Enzos on California's Highway 1, for example, can expect to pay more.

Age is also a factor. "A 17-year-old driver is going to be more expensive to insure than a 40-year-old with a family," says Floyd. "Experience counts. It counts a lot."

There are some anomalies in the ranking.
"You would think a Corvette Convertible would be hideously expensive to insure," says State Farm's Diggs. "But that car is involved in very few accidents, so it's fairly low." This is because research shows Corvettes typically aren't driven every day.

More utilitarian models like the Toyota Camry can be more expensive to insure because, with more road time, they are more likely to be involved in an accident. Vincentric doesn't collect data on exotics like Ferraris and Lamborghinis because, says Wurster, there are too few owners to make the data useful.

Policy pricing also has to do with where a car is garaged, with urban areas considered higher-risk. "In a more concentrated area, your chances of bumping into something are higher," says Floyd. "Jersey's going to be on one end of the spectrum, and a less populous state is going to be on the exact opposite."

But if you have a hundred grand to spend on a car, you're probably not worrying about insurance.

"For people of that caliber," says a salesman at Mercedes-Benz Manhattan, "the cost of insurance really isn't an issue."

1. Mercedes SL Class and S Class
SL Class (pictured)
MSRP: $135,400
Insurance: $22,536

S Class
MSRP: $123,888
Insurance: $21,161

The convertible SL is Mercedes' most expensive production offering. A two-door roadster built for speed, the SL features a 5.5 liter V8 engine. The retractable hardtop roof is classier than its canvas counterparts, and the trunk is surprisingly spacious. The S Class sedans, while no less luxurious (and only slightly less expensive), aren't quite as sporty. But with the Benz logo front and center, they're not cheap to insure.

2. Mercedes CL Class
MSRP: $122,050
Insurance: $20,942

Who said coupes were small? Mercedes' CL is based on the stately S Class sedans, but sports only two doors for a sleeker profile. Zero to 60 in 5.4 seconds will get you to the office in time, but it comes at a price. With a monster V8 engine, the federal gas-guzzler tax applies. And then there's the insurance.

3. BMW Alpina B7
MSRP: $115,000
Insurance: $20,100

Good luck getting your hands on an Alpina B7. BMW is only selling 200 in the U.S. A souped-up version of the 7-series full-size sedan, the Alpina features bigger wheels, better suspension and an advanced stabilization system. All of this makes going fast a bit safer. But speed comes at a price.



4.BMW M5 and M6
M6 (pictured)
MSRP: $102,000
Insurance: $18,548

M5
MSRP: $82,500
Insurance: $16,220

The M Series cars are meant to go fast, and for insurers, speed is dangerous. The flagship M6 hardtop coupe is arguably the fiercest-looking BMW to roll off the production line, and inarguably one of the priciest. Both the M6 and the more practical M5 sedan have roaring V10 engines.

5. Mercedes G Class
MSRP: $95,600
Insurance: $17,784

The G Class is a boxy, military style SUV from Mercedes. Indeed, it was originally designed for the battlefield. But don't let the lack of finesse fool you--today the G Class is all luxe. The door handles are wrapped in leather, and a DVD-based navigation system keeps drivers on target.



6. Audi S8 and A8
S8 (pictured)
MSRP: $92,200
Insurance: $17,353

A8
MSRP: $92,000
Insurance: $17,353

The A8 and its fancier cousin, the S8, are the best Audi has to offer, and they're not half bad. The V10 in the S8 make this sedan faster than the Porsche 911 Carrera in a zero-to-60 sprint. And with enormous cast-aluminum tires concealing oversize brake discs, even speed demons can stop on a dime.

7. Cadillac XLR
MSRP: $87,898
Insurance: $16,973

The only American entry on the list, Cadillac's XLR is a serious roadster meant to rival its European competitors. The V8 is plenty strong to pull the light aluminum chassis, and the interior is posh--trimmed with eucalyptus. A retractable hardtop makes the XLR a speedy option in any weather, and there's also an exclusivity factor: GM is planning to sell only 1,000 a year.

8. Porsche 911
MSRP: $91,208
Insurance: $16,955

The fundamentals of Porsche's 911 have hardly changed over the years, and with good reason: Its teardrop shape keeps it aerodynamic and recognizable, and its hardware keeps it among the fastest cars in the game. Today's iteration comes equipped with Porsche's Active Suspension Management system, which adapts the suspension to match road conditions and driving styles.

9. Jaguar XK
MSRP: $83,335
Insurance: $16,154

The XK, in coupe or convertible, is a brand-new offering from the storied Jaguar brand. Designed to recall the XKE of the 1960s, today's XK appears perhaps a bit too similar to its countryman, the Aston Martin. That doesn't stop it from performing. The V8 propels a relatively light frame with ease, and this two-seater is the most teched-out Jag ever built, with a computer adjusting it to Comfort or Sport modes.

10. Land Rover Range Rover
MSRP: $84,285
Insurance: $16,042

One of only two SUVs on the list, the Range Rover is capable of climbing mountains, but more at home in the city. Four-wheel drive and a supercharged V8 make this among the most powerful production vehicles on the market, while options like Sirius satellite radio and a rear-seat DVD system ensure creature comforts are never far off.
(C)Forbes

Shopping Advice: Buy a Car, Pick It Up in Europe

European delivery programs aren't just a glorified vacation: many offer discounts on new vehicles and attractive travel packages.

Many European car manufacturers offer special programs that allow buyers to purchase a vehicle at a dealer in the U.S., pick it up at the factory in Europe, drive it around and then drop it off at a designated port for shipment back to the U.S.

Often called "European delivery programs," some, like Saab's, provide as much as a 9 percent discount off of a vehicle's manufacturer suggested retail price (MSRP), as well as airfare to and accommodations near the factory where it's picked up. More elaborate travel packages are usually available for purchase and can be a good value. The car companies handle all of the complicated details, such as insuring the vehicle for driving in Europe and arranging its shipment back to the U.S. So drivers are free to enjoy their new vehicle while exploring Europe.

These money-saving trips are often an insider’s secret, one of those things that you need to know about to ask about. That’s because this ultimate option often lurks below dealers’ radars despite the wildly enthusiastic responses from owners who participate.

“They love the program, they love going to the factory,” says Anne Doris Korallus who is the European delivery order administrator for Mercedes-Benz. “Even if they’re not a car enthusiast, they go on the factory tour, and it’s like an elves workshop; it’s so fascinating to watch how a car is built. They come out bubbling over.”

The European delivery programs are a chance for Americans to drive their cars as they were designed to be driven, flat-out on the Autobahn; or above the Arctic Circle. That’s where Saab takes some customers for snow and ice training, as well as quality time behind a team of sled dogs. Or it’s a way to celebrate an anniversary or do some mother-daughter bonding while getting what James Hope of Volvo Cars N.A. calls “friendly” rates at hotels the company recommends.

The hitch is that you forgo the instant gratification of driving home with your dream car the same day you go down to the dealership.

No matter which brand you prefer, Audi, BMW, Mercedes-Benz, Porsche, Saab or Volvo (more on the English absence in a bit), the procedure is pretty much the same.

Go to your local dealer, select the model you want — it must be one regularly available in the United States — configure it to your specifications and order it. Prices are preset and usually slightly discounted from the MSRP. Payment and financing options are the same as for regular delivery. The dealer will tell you when your car will be ready at the factory.

Book flights. Plan your itinerary, coordinating with the manufacturer to ensure you take the best routes for some great drives. Pick up an international drivers license at the nearest AAA office.

Fly to Europe. Enjoy some hospitality from the manufacturer, usually a minimum of transportation from the airport, one night in a hotel near the factory, a meal and a factory visit.

Take delivery of your car. It will have temporary insurance that is often renewable so you can extend your stay, export registration and plates.

Explore Europe in your own car being careful not to exceed the maximum time limit that you can use the car there without being taxed, usually three to six months. You must also pay attention to where you can go; the offered insurance coverage may have geographical restrictions.

Drop off your car at one of many predetermined locations for shipping to the United States. Be sure to read the fine print on this because there may be extra charges at certain locations.

Pick up your car at your dealership several weeks after you return from Europe.

The biggest challenge may be finding a salesperson at your local dealership who knows about the program.

“If a retailer is supportive, you might see a poster” about the program, says Volvo’s Hope. “That’s why we get a lot of repeat customers, they’ve done it before. Or when they were buying a car in the past they saw the poster and then do it when they buy a new car.”

The programs, started between 30 and 40 years ago, were conceived as a sales enticement. At the time, European cars seemed exotic, if not downright odd, to most Americans. “The first Saab we bought was from a friend whose husband had died,” says Seth Bengelsdorf of Port Chester, N.Y. “My father felt bad for her because she had the snow tires on the wrong wheels, in front.”

That was in the late '60s when front-wheel-drive was unknown and theirs was the only Saab in town. By the summer of 1971, the family was in England, taking delivery of a new Saab for a driving vacation that included a ferry trip to Europe. Since then, it’s been all Saabs for all Bengelsdorfs almost all the time.

Such loyalty is not just a Saab quirk. At Mercedes-Benz, Korallus has tracked customers who’ve used the program 30 times since its inception. Audi revived its program in 2006, so great was customer demand, much of it from previous participants. And they want more, so Audi is expanding its post-pick-up touring offerings with the help of Abercrombie & Kent, a company known for arranging luxurious, individualized travel. Even Porsche, which doesn’t discount prices for European delivery, finds repeat customers are a significant percentage of program participants.

Mike Strada, of Kailua on the Hawaiian island of O’ahu, has taken European delivery of a silver Porsche 911 Carrera Coupe every year since 2001. He takes delivery in May, having signed up for the Porsche Grand Tour program that puts him on the racetrack in a Porsche 911 Turbo, or a Boxster S with a professional driver who will “redline from zero to 160 mph, and slow down to 120 mph on the turns,” Strada says.

He started this routine after a divorce, figuring a month of Porsche-ing about Europe with his son would be a good 24/7 experience for them. Strada keeps the car at his home in Bellagio, Italy, on Lake Como through the summer, then returns to drive it for another month in Europe each fall before shipping it home. He manages to squeak out under the deadline for paying what amounts to a failure-to-export penalty.

Porsche handles all the details of getting the 911 Carrera Coupe to Hawaii, and each year, Strada sells last year’s model to make room for the new baby next to his daily driver, a Toyota Tacoma.

Perhaps only a Mini driver could be so loyal, which brings us to the lack of an English delivery option for Mini Cooper owners. Judging by online howls, they want this option the way a pre-schooler wants a puppy — passionately and right now. Given Mini’s innovative marketing and owner programs, what gives?

Common sense.

For American drivers, “it’s a challenge to drive on the right-hand side even with a right-hand side drive car,” says Andrew Cutler of Mini USA. With a car designed for American roads, which would be left-hand drive “it’s kooky-crazy. The last thing we would want is for somebody to come pick up their brand new baby” … here, Cutler pauses, letting images of dented, crumpled Minis slouch through the imagination. The possibility of owner injury is too great a horror to contemplate.

Gamely, the company has tried a Mini-holiday program where owners would tour the factory, then rent a Mini for scooting about the landscape. It never achieved what Cutler calls “critical mass.” There have been discussions of installing mini-cams in the factory, so customers could watch their car being built from afar. So far, no go.

But Mini is not alone in not offering an English delivery option. Jaguar doesn’t. Neither does Land Rover. However, Land Rover compensates somewhat by welcoming American owners who want to "get their mud on" into its intensive driver training courses throughout the United Kingdom. Use of the vehicles is included in the enrollment fee. You can take much the same classes at home throughout North America.

Keep reading for a guide to the most popular European delivery programs or scroll to the top and click on a brand that interests you.

If you want to buy a super luxury car or an exotic, check with your dealer. As a Ferrari spokesman said, “The simple answer is 'no,' but things can be arranged on an exceptional basis.”
(C)Forbes

Top 10 Sports Cars

Domestics top the list of the 10 most popular sports cars on MSN Autos for the first quarter of 2007. Led by the iconic Ford Mustang, the Chevrolet Corvette follows in second place while the new Saturn Sky takes the bronze.

For sports car enthusiasts, there may never be enough horsepower. Porsche gives its 911 a power boost with the addition of the GT3 and 911 Turbo, each packing substantially more than 400 horsepower. And for that added kick, Porsche has equipped the 911 Turbo with a button that can momentarily increase its maximum torque by 45 lb-ft to a neck-snapping 505 lb-ft.

Italian-made Lamborghini gives its "bullish" Murcielago a new designation—LP640—and adds 60 more horsepower to its already potent V12 engine for 2007.

Four domestics, three Japanese imports and three European imports make up the top ten list.

The list of the ten most popular sports cars on MSN Autos is based on visits to the site's vehicle research pages during months January through March of 2007.

1. Ford Mustang
The legendary American pony car has continued to be a hit after going retro a couple of years ago. Available in a coupe or convertible, the rear-wheel-drive Mustang has a starting price of under $20,000 with the base 210-horsepower V6 coupe. The high-performance GT version is equipped with a 4.6-liter 300-horsepower V8 which can run to 60 mph in just 5 seconds and to 100 mph in 12.5 seconds. An even more powerful version is available in the 500-horsepower supercharged Shelby GT500, the most powerful factory-produced Mustang ever built.

2. Chevrolet Corvette
Chevrolet's world-class high-performance sports car is now in its sixth generation and available in a coupe or convertible. For 2007 the Corvette adds steering-wheel-mounted audio controls with Bose premium audio systems and a larger glove compartment. A standard 6.0-liter 400-horsepower V8 engine delivers 400 lb-ft of torque at 4400 rpm, while the limited-edition Z06 has a 505 horsepower 7.0-liter V8 that produces 470 lb-ft of torque— the fastest production Corvette available. The Z06 also gets impressive fuel economy at an estimated 16 and 26 city/hwy mpg.

3. Saturn Sky
When the Sky debuted for the 2007 model year, no one would have guessed the aggressively styled roadster came from Saturn. The Sky and the Pontiac Solstice are siblings—sharing the same GM Kappa platform, engine, transmissions and other major components. The Sky has more contemporary styling and offers a softer ride than the Solstice. A high-performance version called the Sky Red Line is available featuring a turbocharged 260-horsepower 2.0-liter engine, dual exhaust with polished aluminum outlets and unique exterior and interior features.

4. Mitsubishi Eclipse
A redesigned Eclipse debuted for the 2006 model year with bold new styling, and adds a convertible version for 2007 called the Spyder. Also for 2007 the Eclipse adds a standard anti-theft system with hood switch, a Sun & Sound Package and seven new colors. The front-wheel-drive coupe is longer, wider, roomier and more powerful than its predecessor. Under the hood is a 2.4-liter 162-horsepower 4 cylinder in the GS and a 3.8-liter 263-horsepower V6 in the GT. The automatic cloth top in the Spyder folds completely out of sight in about 19 seconds.

5. Nissan 350Z
The Nissan 350Z received its first major update in the 2006 model year, which includes a revised exterior and an enhanced interior. A new Grand Touring Coupe featuring the 18-inch front/19-inch rear wheels, and front and rear spoilers were also added to the lineup. For 2007 the 350Z is updated with the next-generation VQ35HR engine that produces 306 horsepower and 268 lb-ft of torque, featuring a twin air intake system that helps reduce airflow resistance and increases horsepower. The front hood design and front-seat mounted side-impact supplemental airbags on the roadster are also new for the 2007 model year.

6. Porsche 911
Porsche gives its 911 lineup a power boost with the addition of the 911 Turbo and GT3 for 2007. The GT3 has a 415-horsepower 3.6-liter boxer 6-cylinder engine and comes standard with on-demand traction that's derived from Porsche's Carrera GT. The 911 Turbo features a twin-turbocharged 480-horsepower engine and a high-tech all-wheel-drive system. For 911 Turbos equipped with the optional Sports Chrono Package, pushing the Sport button allows the turbochargers to increase maximum pressure by 2.9 psi for up to 10 seconds, which increases the maximum torque by 45 lb-ft to a whopping 505 lb-ft.

7. Lamborghini Murcielago
This Italian exotic is always a favorite among MSN sports car enthusiasts. Originally named after a fighting bull, the Murcielago receives a new designation, a more aggressive look and more power for 2007. The Murcielago LP640—derived from the Italian description of the engine position (longitudinale posteriore) and horsepower output—is offered as a coupe and a roadster. Pushing the LP640 is a 640-horsepower 6.5-liter V12 engine that delivers 487 lb-ft of torque, which gets transmitted to the road via permanent all-wheel drive.

8. Mazda MX-5 Miata
The Mazda MX-5 Miata hit the U.S. market in 1989 and has become one of the top-selling two-seat convertibles in the world. An all-new third-generation Miata debuted for the 2006 model year with new styling, improved steering, suspension and brakes that make the roadster more fun to drive. For 2007 a power retractable hardtop is available for the first time, and offers the same amount of trunk capacity as the folding soft-top. Hardtop versions also receive chrome trim around the grille opening, bright headlight bezels, a chrome band in the door handles and a white-lens center high-mounted stop light.

9. Pontiac Solstice
One of the main rivals to the MX-5 Miata is the Pontiac Solstice. With a starting price around $22,000, the Solstice has a 2.4-liter dual overhead camshaft 4-cylinder engine that produces 177 horsepower. If that's not enough power to satisfy, a high-performance GXP version is available featuring a 2.0-liter Direct Injection Turbo with Variable Valve Timing in a DOHC 4-cylinder aluminum engine that produces 260 horsepower and 260 lb-ft of torque. The GXP is also styled differently with front and rear fascia extensions and high-polished stainless steel dual exhaust outlets.

10. Ferrari F430
The Ferrari F430 made its debut at the 2004 Paris Motor Show replacing the 360 Modena. Styled more aggressively than its predecessor, the Italian sports car was introduced for the 2005 model year. The F430 is powered by a 490-horsepower 4.3-liter V8 engine and mated to a 6-speed manual transmission, delivering 343 lb-ft of torque at 5250 rpm. Available in a Coupe or Spider, the F430 can reach 0 to 62 mph in 4.0 seconds and a top speed of over 196 mph, according to Ferrari.
(C)MSN

Most Affordable Luxury Cars

Entry-level luxury cars offer most of the bells and whistles of higher-end models, but at a reasonable price.

Preparing to plunk down $61,715 on a brand-new Lexus LS 460? Save your money. Instead, buy a $30,000 IS 250. Toss in another $5,000 worth of options, and you get the prestige of the Lexus plus many of the same bells and whistles, including heated and ventilated front seats, bi-xenon headlights and an optional sound system that includes a DVD player.

Call it the trickle-down theory of economics for cars. For a fraction of the price of their more expensive counterparts, entry-level models are getting top-of-the-line features.

Consider the 2008 Cadillac CTS. It allows customers (with some options) to play music off an iPod, a memory stick, a CD, satellite radio or terrestrial radio. It even allows the customer to pause and rewind live radio broadcasts.

The $32,500 (estimated) car, which goes on sale in August, also boasts an innovative "infotainment" system that uses several digital formats. Besides music, the dashboard system can play DVD movies when parked. The optional navigation system runs off the car’s hard drive, as opposed to a removable DVD or CD-ROM. As technology improves, customers will someday be able to download updates wirelessly.

It makes sense that starter luxury cars are increasingly being outfitted with top-of-the-line features, says George Peterson, president of Tustin, Calif.-based auto industry consulting firm AutoPacific.

"Entry-level luxury cars need to demonstrate the capability of their brand — just as the more premium entries do," he says. "As more and more has been added at the top of the pile... these features become expected as part of the standard [or typical] feature load of even the lowest level luxury-brand vehicle."

Examples for the mechanically inclined include: six-speed manual transmissions or automatic transmissions with up to seven speeds that you can shift manually if you want.

To get more than four automatic gears or to shift your automatic manually, you used to have to buy a Porsche with a Tiptronic transmission, or a six-speed BMW, or even a Ferrari, with Formula One racing-style "paddle" shifters mounted on the steering wheel.

Technical Touches

But as much as transmissions have improved, nothing is trickling down faster in this digital age than electronic gizmos, especially car stereos, and new-and-improved navigation systems.

It takes three to five years for automakers to make substantial changes to the car itself, but the lifecycle for electronics gear can be six months long, says J. Ferron, automotive partner at PricewaterhouseCoopers in Detroit.

"So there's an eight times shorter cycle [for electronics]," Ferron says. "There’s a collision between that and what’s shaped in the marketplace in terms of customer expectations versus what a car can do."

Some of the vehicles on this list can have 10 or more audio speakers, as much wattage as an in-home system, half a dozen ways to download and swap music between formats, plus many different ways to control it — buttons on the dash, buttons on the customer's MP3 device, buttons on the steering wheel or even voice control.

Sounds great, but keep in mind that "entry level" is a relative thing. The most expensive car on our list is the redesigned 2008 Porsche Cayenne, at $44,295 (including required $895 delivery). That’s not cheap, but it's the least-expensive Porsche. All the cars (and two trucks) here are the least-expensive new models offered by their respective luxury brands. Since it’s nearly fall, most are already 2008 models, but a few are 2007s, pending model year changeover.

The least expensive overall is the little Volvo C30, an all-new 2008 model, at $23,395 (also including delivery). Even so, it comes standard with a six-speed manual transmission, a feature that once was found only on high-end BMWs.

"These entries today need to be fully featured and are," says Peterson. "They need to support their brand identity and mostly do."

Audi A3 2.0T
Starts at $25,340

The 2007 A3 has several features that once were found exclusively on more expensive cars, like a six-speed manual transmission; an optional six-speed automatic, which can be shifted manually; and electronic brake-force distribution to reduce skids. Thanks to turbocharging, the A3's standard four-cylinder engine produces 200 horsepower. Optional upgrades include a more powerful six-cylinder engine with Audi Quattro all-wheel drive.

BMW 328i
Starts at $33,175

The least-expensive BMW--until the 1 Series lands next year--the 2007 328i has a 230-hp, six-cylinder engine. A six-speed manual transmission is standard. The optional six-speed automatic has a "Steptronic" mode, for manual gear selection without a clutch. High-tech brakes include Brake Standby, which almost but not quite applies the brakes when the driver suddenly lifts off the accelerator pedal, anticipating hard braking.

Cadillac CTS
Starts at $32,500 (estimated)

Sales of the 2008 model start in September.

The 2008 CTS, with a 304-hp, 3.6-liter V-6 engine, is a redesigned model. Its innovative "infotainment" system uses several digital formats. Besides music, the dashboard system can play DVD movies when parked. The optional navigation system runs off the car's hard drive, as opposed to a removable DVD or CD-ROMs. As technology improves, customers will someday be able to download updates wirelessly.

Infiniti G37
Starts at $32,000 (estimated)

Sales of the 2008 model start in August.

The G37 Coupe, with a 330-hp V-6 engine, replaces the 2007 G35. Optional features include advanced four-wheel active steering, where the rear wheels help steer the car. Like the Cadillac CTS, the optional navigation system shows "3-D" landmark buildings. And like some more expensive cars, the G37 has optional "intelligent cruise control," which, within limits, maintains a set distance to the vehicle ahead.

Jaguar X-Type 3.0
Starts at $34,995

X-Type sales are down more than 40% year to date through May, but the entry-level 2008 model Jag has its fans. The X-Type has standard all-wheel drive, which is unusual but "trickling down" among luxury cars. Other upscale features include electronic brake force distribution to prevent skids, wood trim and a 120-watt sound system.


Land Rover LR2
Starts at $34,700

The smallest Land Rover is an all-new 2008 model, with a 230-hp, 3.2-liter V-6 engine. Like its bigger siblings, it can "wade" across streams up to about 20 inches deep. Its six-speed automatic transmission has different settings for different slippery conditions. The LR2 isn't exactly roughing it, however: It has a nine-speaker, 320-watt audio system with an MP3 plug-in.

Lexus IS 250
Starts at $30,970

The 2007 Lexus IS 250 has a once-rare six-speed manual transmission, plus a 204-hp, 2.5-liter V-6 engine. An optional luxury package includes features that were scarce a few years ago, like heated and ventilated front seats; bi-xenon headlights; adaptive headlights, which redirect the beam of light around a corner for better visibility. An optional sound system includes DVD-audio and DVD-video playback.

Lincoln MKZ
Starts at $29,305

The 2008 MKZ on sale now has a powerful, 263-hp V-6 engine and a size advantage over some of its entry-level competitors. Options include a thumping 600-watt, 14-speaker audio system.




Mercedes-Benz C300
Starts at $31,975

2008 model goes on sale August 7.

The 2008 C300 Sport Sedan, the first all-new C-Class since 2000, has a 228-hp, six-cylinder engine. (There is also a slightly pricier "Luxury" variant.) Features from the flagship S-Class include a computer hard drive for the optional navigation system. "Selective damping" debuts first on the C-Class. It automatically provides a stiffer ride in sporty driving and a softer, smoother ride for highway cruising.

Porsche Cayenne
Starts at $44,295

The 2008 Cayenne, on sale now, is a new generation of the Porsche SUV. The priciest vehicle on our list is the third most powerful (after the Cadillac CTS and Infiniti G37), with a 290-hp, 3.6-liter V-6 engine. It goes from zero to 60 mph in 7.5 seconds, one second faster than the old Cayenne. Bi-xenon headlights are standard.


Saab 9-3
Starts at $26,995

The Saab 9-3 2.0T Sport Sedan has a 210-hp, turbocharged, 2.0-liter four-cylinder engine.

A six-speed manual transmission is standard. A five-speed automatic with manual shifting capability is optional. A 150-watt, seven-speaker audio system is standard. A nine-speaker Bose system is optional. Like most luxury cars, even entry-level ones, anti-lock brakes, traction control and stability control are standard.

Volvo C30
Starts at $23,395

Even the cheapest of our entry-level luxury cars has a six-speed manual transmission standard. Volvo calls the base model "Version 1.0." The upgraded model is "Version 2.0." A five-speed automatic with manual-shifting capability is optional. A turbocharged, five-cylinder engine previously shared with some of the bigger, more expensive models produces 227 hp. A glass hatchback is probably the single most distinguishing feature.
(C)Forbes

Top 10 Most Expensive (TCO) Vehicles to Own

The 10 vehicles with the highest overall cost of ownership are top-drawer luxury models, but that doesn't mean that lower-priced vehicles are necessarily a better value.

True, the more affordable the car, the less cash it gobbles up overall. But digging into cost-of-ownership data from Vincentric, a firm that tracks vehicle lifecycle expenses for car dealers, manufacturers and others, shows that the five-year lifecycle costs of the 10 most expensive vehicles to own are lower multiples of their base prices than models that cost less.

Take two examples: the 2007 BMW M6 Convertible, with a manufacturer suggested retail price (MSRP) of $104,900; and the 2007 Audi A3, with a $25,340 MSRP. The pricier BMW M6 Convertible is fourth on our list and is more expensive to own than the Audi A3, which is among the 10 least expensive luxury vehicles to own. But the M6 Convertible’s cost of ownership after five years is $150,565, less than 1.5 times the car’s base price; whereas the A3’s five year total cost of ownership of $51,513 is more than two times the vehicle’s base price.

The lesson: If you sink more than $100,000 into a car, each of those dollars stretches farther over time. That's largely because high-end cars tend to hold their value better than regular vehicles. But remember, you’re still shelling out more money for the pricier car.

Breaking Down Ownership Costs

After five years, the total cost of owning a vehicle can tally more than twice the original price paid at purchase time, even with a trade-in to soften some of the upfront expense. Depreciation is the largest single cost incurred; others include interest on loans, insurance premiums, taxes and other fees. Cars also consume investment income that could otherwise be accruing interest in bank or brokerage accounts. Then there are maintenance and repair costs and, lastly, cash for fuel.

We determined the Top 10 Most Expensive Vehicles to Own using Vincentric data. The company calculates total cost of ownership (TCO) over five years using six variables: depreciation, interest and opportunity costs, fuel, maintenance and repairs, insurance, and taxes and fees. The ranking includes 2007 models only.

Vincentric breaks down ownership costs for every variation within a model line. Consider the Mercedes-Benz CL-Class coupe, the most expensive car to own and No. 1 on the list. Vincentric computes separate lifespan costs for the CL550 and CL600, the two versions sold by Mercedes. The ownership costs shown in the slideshow are model-line averages of Vincentric's breakdowns.

For luxury cars with very high sticker prices, depreciation claims more money than it does for mass-market models that cost a lot less to begin with. That's true even for luxury models that retain their value very well.

Over five years, the Porsche 911 GT3 — the tenth most expensive car to own — depreciates just 41 percent from its starting MSRP. By contrast, the Lincoln MKZ, the 10th least expensive-to-own luxury model, sheds about 67 percent of its base price. But the MKZ sells for around $30,000, compared to $106,000 for the 911 GT3. Sixty-seven percent of $30,000 is a lot less than 41 percent of $106,000 — that works out to $20,100 versus $43,460, respectively.

Higher-priced cars also run up higher costs in other categories, says David Wurster, Vincentric president. For example, you pay more in taxes when your car costs more. Insurance premiums typically run higher, too, he says.

The Intangibles

Cost of ownership calculations measure monetary value only. Luxury models that demand more dollars for care and fuel pay more in image and prestige.

“We don't buy cars just for transportation,” says Michael Calkins, who follows ownership costs as manager of approved auto repair at the national headquarters of AAA. “We buy them to make a statement about who we are and where we are in the socio-economic spectrum.” Status and style are intangible, ego-driven elements of car ownership. “Everyone has to put his or her own value on that,” Calkins says.

Car buyers torn between luxury and frugality can balance the two by avoiding special editions and super-speedy versions of high-line models, Calkins says. “You end up taking a huge hit on those. I would love to have an AMG model [by Mercedes], but the standard model is a much better financial purchase,” he says.

Mercedes’ high-performance AMG versions suffer more depreciation because of their stratospheric prices. Insurance also costs more for these models. Even tire expenses will likely consume more funds, Calkins says. Not only are the larger, wider tires found on AMG and other high-performance models inherently more expensive than standard ones, but if they’re high-speed rated, then they wear faster and drive ownership costs up even more.

Vincentric updates cost-of-ownership estimates monthly. The figures here are from late May 2007. Interest expenses assume a five-year loan at 6.86 percent with a 15 percent down payment. Opportunity costs consider what owners would have made if car expenses went into certificates of deposit instead. Insurance costs are for a typical driver under age 65, with a clean record. Vincentric used the EPA's 2007 Fuel Economy Guide to calculate fuel costs.

Our ranking does not include exotic sports cars and ultra-luxury sedans produced in limited numbers. Vincentric doesn't track them, in part because buyers of these rare cars aren't as interested in total ownership costs, Wurster says. “The vehicles we're talking about are day-to-day driving vehicles. Even if it's a $150,000 Mercedes, people are still driving it,” he says.

Ten Most Expensive Vehicles to Own

10: Porsche 911 GT3
Starting MSRP: $106,000
Depreciation: $53,467
Interest and opportunity cost: $31,268
Fuel: $13,211
Maintenance and repairs: $5,523
Insurance: $19,025
Taxes and fees: $6,964
Five-year cost of ownership: $129,458

Although not as potent as the 911 Turbo also on this list, the 911 GT3 is designed for serious racetrack use. And with a proportionally lower price than the 911 Turbo, the 911 GT3 requires fewer dollars to maintain and drive. It also retains its value rather well, depreciating just 50 percent over five years. So even with a lofty base price of $106,000 — the third highest on this list — it costs the least to own among these pricey luxury models.

9: Audi S8
Starting MSRP: $92,000
Depreciation: $62,840
Interest and opportunity cost: $28,147
Fuel: $15,020
Maintenance and repairs: $5,215
Insurance: $17,353
Taxes and fees: $7,793
Five-year cost of ownership: $136,368

Audi is the only brand with vehicles in both the top and bottom 10 for cost of ownership. The large, fast, technology-laden S8 makes the most expensive list mostly because of high depreciation — 68 percent over five years — that substantially erodes a lofty base price. At the other end of the spectrum, the Audi A3 hatchback likewise depreciates rapidly, but a substantially lower purchase price holds down the A3's total ownership costs, making it one of the 10 least costly luxury cars to own.

8: Mercedes-Benz G-Class
Starting MSRP: $83,700
Depreciation: $59,848
Interest and opportunity cost: $28,913
Fuel: $19,183
Maintenance and repairs: $5,375
Insurance: $17,783
Taxes and fees: $6,212
Five-year cost of ownership: $137,314

The military-inspired G-Class is the only SUV to make this list. Mercedes sells two versions of this luxurious off-roader that’s usually seen planted firmly on-road. The high-performance G55 AMG version raises the model's average cost of ownership considerably, and depreciation hits the G-Class hard, consuming an average of 71 percent of the model line's starting price over five years. This un-aerodynamic, heavy SUV also costs more to refuel than any car on the list.

7: BMW M6 Coupe
Starting MSRP: $99,100
Depreciation: $62,586
Interest and opportunity cost: $30,357
Fuel: $18,313
Maintenance and repairs: $5,349
Insurance: $18,201
Taxes and fees: $9,459
Five-year cost of ownership: $144,265

The BMW M6 Coupe is so intimately related to the M6 Convertible that their five-year costs for fuel, maintenance and repairs are identical. But the hardtop version lands three spots lower on this list because it costs $5,800 less. It depreciates at nearly the same rate as the convertible, but that depreciation claims a smaller sum. Its lower purchase price also demands lower finance fees, thus stealing less cash from other potential investments.

6: Porsche 911 Turbo
Starting MSRP: $122,900
Depreciation: $66,771
Interest and opportunity cost: $35,557
Fuel: $12,551
Maintenance and repairs: $5,622
Insurance: $21,045
Taxes and fees: $8,028
Five-year cost of ownership: $149,574

The 911 Turbo is the most expensive 911 variant sold by Porsche, as of publication time, and has the highest starting price on our list. It's also the fastest, with a 0-60 mph time of 3.9 seconds. Surprisingly, the 911 Turbo has the lowest five-year fuel cost of the list, $12,551.

5: BMW Alpina B7
Starting MSRP: $115,000
Depreciation: $67,409
Interest and opportunity cost: $33,868
Fuel: $14,538
Maintenance and repairs: $5,047
Insurance: $20,100
Taxes and fees: $8,847
Five-year cost of ownership: $149,809

The rare Alpina B7 is the highest-priced BMW among the three on this list, and the second-highest priced overall, second only to the Porsche 911 Turbo. It costs $10,000 more than the M6 Convertible, but that car depreciates more swiftly, losing 62 percent of its base price in five years, as opposed to the B7’s 59 percent loss. By holding its value better and consuming less fuel through its lifetime, the Alpina just edges out the M6 Convertible in five-year total cost of ownership.

4: BMW M6 Convertible
Starting MSRP: $104,900
Depreciation: $65,416
Interest and opportunity cost: $32,054
Fuel: $18,313
Maintenance and repairs: $5,349
Insurance: $18,895
Taxes and fees: $10,538
Five-year cost of ownership: $150,565

The M6 Convertible is the last of three pricey, high-performance, low-volume BMWs to make the list. Fuel cost is its most conspicuous downfall. At $18,313 over five years, the M6 Convertible ties with its M6 Coupe twin for the second-worst fuel efficiency on the list, eclipsed only by the Mercedes-Benz G-Class. All that fuel returns low 0-60 mph times: 5.0 seconds for the convertible and 4.6 seconds for the coupe.

3: Mercedes-Benz SL-Class Convertible
Starting MSRP: $94,800
Depreciation: $75,060
Interest and opportunity cost: $37,639
Fuel: $16,461
Maintenance and repairs: $5,874
Insurance: $22,535
Taxes and fees: $10,634
Five-year cost of ownership: $168,203

The top-shelf AMG versions of Mercedes’ SL-Class boost average cost of ownership for all SL version, particularly the priciest and fastest SL65 AMG. With that variant out of the equation, the ownership costs for the remaining three SL models — the SL550, SL55 AMG and SL600 — average out to $150,895. But even with five-year costs totaling a lofty $220,128, the SL65 AMG receives a “good” value rating from Vincentric when compared to other brutally expensive cars in its category.

2: Mercedes-Benz S-Class Sedan
Starting MSRP: $85,750
Depreciation: $82,368
Interest and opportunity cost: $36,661
Fuel: $15,807
Maintenance and repairs: $5,130
Insurance: $21,161
Taxes and fees: $10,003
Five-year cost of ownership: $171,130

Like the two Mercedes models that fall before it on this list, the S-Class expenses run high because its ultra-high performing AMG version elevates the average cost of ownership for the entire car line. Considered alone, the S65 AMG Sedan duns its owners for an astonishing $243,491 over five years. If you took it out of the mix, the other three S-Class versions sold by Mercedes — the S550, S550 with 4Matic all-wheel drive and S600 — would cost owners an average of $147,010 after five years.

1: Mercedes-Benz CL-Class Coupe
Starting MSRP: $99,900
Depreciation: $83,703
Interest and opportunity cost: $36,076
Fuel: $16,370
Maintenance and repairs: $5,359
Insurance: $20,940
Taxes and fees: $11,816
Five-year cost of ownership: $174,264

Four models in this list have starting prices higher than the Mercedes-Benz CL-Class. But after five years of ownership, the CL-Class swallows more dollars than any mass-produced vehicle you can buy. That's because pricier models — the BMW Alpina B7, M6 Convertible and the Porsche 911 GT3 and Turbo — all hold resale value far better, thereby depreciating less than the CL-Class.
(C)Forbes

Porsche puts hybrids in the fast lane - 70 mph w/o gasoline!

New Cayenne SUV can cruise at 70 mph on the electric motor, far faster than existing models.

Porsche said Tuesday a new prototype SUV hybrid will be capable of cruising at speeds up to 70 miles an hour on the electric engine alone, far faster than existing hybrids.

The hybrid version of the popular Cayenne SUV, expected to hit showrooms in the next two or three years, can't reach 70 miles per hour without the traditional engine, but once it gets there it can cruise at 70 without the need for gasoline.

The result is a vehicle that's 25 percent more efficient than current models and can cruise considerably faster than the current 40 mph top cruising speed of the hybrid Toyota Camry.

"If Porsche was going to do a hybrid, it makes sense to do it from a performance standpoint," said company spokesman Tony Fouladpour.

The hybrid Cayenne, Porsche's first foray into the hybrid market, uses a single transmission to power both the electric motor and gasoline motor, which is partly responsible for the increased performance, said Fouladpour.

It's expected to be in the same general price range as the basic Cayenne, which starts at $44,000.
(C)CNN

Luxury Car Hot List: Second Quarter 2007

BMW and Mercedes-Benz models are the most sought after, according to ForbesAutos second-quarter data.

Despite steady improvements by American automakers and increasingly competitive Japanese models, German cars still dominate luxury-car shopper’s lists. BMW and Mercedes-Benz account for eight of the top 10 luxury and high-interest models that ForbesAutos.com users researched on the site during the second quarter.

“This is the cream of the luxury crop,” said George Magliano, director, North American auto industry research for Global Insight, New York. “It’s a German-oriented list, but that’s the nature of the beast, at this end of the market.”

No. 1 on the second-quarter list was the flagship Mercedes-Benz S-Class, which was redesigned last year. Its chief rival, the BMW 7 Series, was No. 3. In between was the slightly smaller and sportier BMW 5 Series.

“Properly bought, these cars are not necessarily all that expensive to own,” said Jim Hall, the Southfield, Mich.-based VP of industry analysis for AutoPacific in Tustin, Calif. “The concept is, you get value out of an $80,000 to $90,000 car that holds its value, you get the mileage out of it, and if it fits in with your ownership cycle, it can be a pretty sensible way to buy a car.".

At the entry-level end of the luxury spectrum, the Mercedes-Benz C-Class, the BMW 3 Series and the Acura TL popped up in the top 10.

“The C-Class is brand-new, that’s got to account for some of the interest,” said Wes Brown, one of the principals for Iceology, a research and consulting firm in Los Angeles.
Mercedes-Benz fans have been aware for months that the company launches a redesigned C-Class starting in August.

The TL was the one non-German model on the Top 10 list. That’s good news for Acura, which has been laboring for years to position itself as true luxury brand, as opposed to a fancier Honda.

“That would make them extremely happy, to nose your way in between the Mercedeses and the BMWs,” Magliano said.

Hall pointed out that BMW has kept up a drumbeat of marketing and advertising to support the 3 Series. The sedan was last redesigned in 2005, but BMW’s usual practice is to add different body styles and engines to keep interest fresh.

“They do not ‘launch ’em and leave ’em’ — that’s been a strength of BMW. They launch it, and then they never stop launching it, by the time another re-freshening comes along,” H