Automotive alternators can peak above 16 volts if their regulators have issues as well as pass intermittent spikes if the conditions permit. Engine bay temps (if the caps are mounted there) are also exposed to high ambient temperatures. Commecial grade electrolytics handle a temp rating of 80-100 degrees. Engine bay temps can "approach" that in the middle of summer depending on it's airflow, your car's body kit/front mesh etc..
Also, running under minimal electrical load, you'll be above 13 volts which is approaching the upper safe limit of the caps. By choosing 50v caps in your setup, you've got a load of headroom. A cheaper option, is using 25v caps. My setup i'm using 8x 4700uF 25v caps in parallel.
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Plenty of overkill, plenty of energy storage and $23 from Jaycar. I only chose 8 because it looked nicer then having 3..
Being electrolytic caps, they are made from a damp cardboard structure and need to be kept at a reasonable temperature to not over heat. When they reach tolerance levels, they expand, burst and go bubbly, and then dry out, with the potential to open circuit as well as seriously reducing their capacitance value after they've burst. As I'm keeping all of these in my engine bay (boxed beside the driver side fuse box) the near 4x redundancy in capacitance should be ok even if 6 of the 8 caps fail.
The caps can also overheat (depending on their enclosure/environment temp) if drĂven at their max voltage, so yes, the implications of running 16 volt components in a 13volt and very hot environment (engine bay) essentially leaves you less margin for error.
http://www.youtube.com/watch?v=GKRZyPXP ... re=relatedThese videos are excessively over voltaged but impressive..