Pros -
Safety - good brakes, handling, acceleration mean you can avoid accidents and have better control of your car
Fun
Visually appealing
Intoxicating
Showplace for new technology like airbags, anti-lock brakes, four wheel steering, three-point seat belts.
Cons - Safety because of size, difficult to drive in inclement weather. Many times no place for child seat. Small, limited cargo capacity.