@its dat guy, technically a rear wing will make a car slower in a straight line due to the fact it creates drag, however everything else you say is correct. The looks part is very subjective as well haha.
Changing the aerodynamics of a car to provide down-force is one benefit to a rear spoiler. It does this by disrupting, or spoiling, air movement across a car body while in motion. This added down-force pushes down on the rear axle, which provides more traction and stability for the car at high speeds. This enables you to turn, brake and accelerate more easily. This is why you will see so many types of race cars with a rear spoiler---it makes these cars faster and safer.
Looks
Looking good is an important consideration when purchasing a car. A rear spoiler has the ability to make a car look more sporty and cool. This is somewhat subjective, but it is a popular belief among car enthusiasts. Spoilers can even add to the resale value of a car because it makes the car more aesthetically pleasing.
Reality
Achieving the benefits of a rear spoiler are usually only realized at very high speeds, much higher than legal limits. Because of this, usually only high-performance vehicles used for racing will actually benefit from a spoiler. In some cases, a spoiler may actually negatively impact the performance of a car at low speeds if not properly installed. Because of this, you should use caution when installing a spoiler. You will need to make the decision as to whether the benefits of the aesthetics outweigh the cost of installation when thinking about adding a rear spoiler.
therefore the rear spoiler looks epic and does an actual job
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