Hey, you just figured out the entire point of buying a mid-life crisis car!
It's a joke to begin with, but if you are actually curious: One day you wake up and realize you're getting older, you can't take the money with you, and that "dream car" from your teens you always wanted to own is suddenly very much in reach.
It's now or never. May as well enjoy it for a few years until the novelty wears off.
I'm not really a car guy, but I grabbed my midlife crisis car last summer because it was the last model year they are going to make it. It gives me joy every time I drive it, even though no one has a clue what it is as it's rather boring looking.
Once I no longer gain joy from driving it, I will sell it and move back to something practical and economical again.
It's not for anyone else, it's for me. For a lot of men around that point in life this is an important mental switch. At least that's how I personally see it, others will have their own reasons!
When I was young, I couldn't justify the cost. Now that I'm a bit older I could afford it, but I can't spare the time for a hobby. With kids still in child seats, I had to stick with a practical car.
When I'm 50? The kids will be old enough to sit up front. I probably still won't have a lot of time for a hobby, but I do have money now.
Buying a midlife crisis car doesn't mean that you feel it's a rite of passage. It doesn't mean someone felt like they had to. It might just mean that for the entire first half of their lives, there has always been a reason to /not/ buy the expensive toy they wanted. They finally treated themselves.
This is so true. A while back I had a sixth generation Camaro SS 1LE. The handling was sublime. Think 1.5 scale Miata. Cornered on rails, begged to be driven faster, faster. And 455hp on tap, it was definitely no slouch. But when I took it out to the rural twisty roads for some fun, I found that I would be entering corners at 80+ mph if I wanted to make it do any work. That is categorically a bad idea in all regards, there is so much energy in play at that speed that one unexpected patch of gravel can end your existence. Loved the car, but to drive it safely meant never going past 2/10 of it's ability except on track days.
As compared to (much longer ago) a 2.5RS that I had back when they were cool (pre-WRX days in the US) and you could fling that thing around with no regards to propriety, and it was fun because it didn't have much power, didn't have that much actual capability, but it was relatively light and very communicative. Much better choice if you're not going for track days.
When you have a 2-seat sports car you can't be the one who drives when the team goes out to lunch. If your car looks more expensive than your coworkers' cars, they start to gossip about how you can afford it.
Declaring it a midlife crisis is an attempt to get ahead of that. They're saying that they didn't buy it to avoid driving the team to lunch. They're saying that it's a rare treat, not something they could easily afford. They're saying that this car isn't their personality, it's something they wanted to enjoy.
Is any of this necessary? No. But it might cut down on rumors, and that put their mind at ease.
A number of my friends have said this as a joke (the kind of joke someone finds funny when they have a stable job, stable marriage, and a couple of kids, I guess)
A few others have definitely not been joking, and hey, if the red sportscar and chasing women half your age lets you momentarily forget about how much you hate your job, your mortgage, and your ex-wife... I can't really find fault with that?
But the truth is that many of us have been buying such irresponsible sports cars for our entire lives, it didn't start in mid-life ;-)
I almost ... almost bought a hat with a fake mullet sewn in just for when I was driving the Camaro, all for the lulz. Some people don't take themselves too seriously, and I'm definitely in that camp.