I tried to do a peel peal out in my 2010 Honda civic do that mess up the car?
C/V joints, engine mounts, struts and bushings, not to mention the strain on the clutch if a stick shift or the torque converter if an automatic, then there is the tires, it can cause cupping, uneven tire wear or just plain ruin some good tires. I'm sure I missed a few things but you should get the idea.
Trying to purposefully spin the wheels on dry pavement is hard on most everything in the drive-line.
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