I saw a Lambo on the highway yesterday morning and then 2 Lambo's running together later in the evening yesterday. I can go years without seeing a Lambo in person, then to see 3 in the same day yesterday.
I love it when car collector who clearly loves his cars and I was actually thinking to myself he seems the sort of guy that drives the shit out of them,,, THIS IS A PROPER CAR COLLECTOR AND CLEARLY DOES WHAT THEY ARE BUILT FOR,, THANK YOU SIR BECAUSE YOUR THE REASON THAT I GET TO SEE THESE BEAUTIFUL MACHINES, AND I MEAN THAT, I WON'T LIE I DO TAKE PHOTOS BUT I ALSO LOVE TO just look for myself
What about sales tax? What about registration? The reason he sold cars for a profit, which he doesn’t clarify, is because of the covid pricing hikes we’ve experienced the last 2 years. Now if you check car data, all these cars are starting to come back to earth price wise. This needs to be clarified.
I heard someone say, “you get licensed as a dealer, you purchase cars at wholesale prices, drive them for 3 months- a year while you find a buyer and get out of the car anywhere from a slight profit to a slight loss.” Is this true, if so what’s the point if your only gunna have the car for such little time ?
Yeah this only works in an low interest and low inventory environment which we had for the past 3 years. Good luck trading in and out of $200,000 cars when interest rates are 8% plus and stock portfolios are down 50%.
What people need to understand that YOU HAVE TO AFFORD TO PAY FOR THIS ON A DAILY MONTH. Not just what you get in return when you sell and say I only opted so much for one year. You pay thousands a month for these cars.
Plus they always forget to add taxes. In California is almost 9% of the car’s value on top of whatever price you negotiated. Except if they register the car in Montana or elsewhere with no sales tax on cars.
My question is how do you make money buying a $180k car just buy putting a down payment and pay monthly payments but then sell that car after a year for $180k you didnt make money you break even on the sell not including the gas and the insurance so thats what i cant wrap my head around or lets say you sold it for $185k you make your down payment back or do you make more money cuz i dont think you gonna make that $185k all to yourself if you still owe on that car i think its more of a trading thing you just get to drive nicer cars idk someone break it down for me how you make money on these cars
Pejman, what is your opinion on financing/leasing a car? I know some people who never finance/lease their cars and advise against doing so(including people like Andy Frisella, Ed Mylett and plus some very successful individuals in my area outside the US). But I guess it makes more sense for you and your students to flip cars if you only want to own them for a very short amount of time and maybe make money while owning them. But it depends on the type of the car too. Like if you buy a 488 Pista, then that car will hold its value very well, even after 5-10 years. Whereas if you'd buy a new Audi R8 or RS6, these cars will lose a lot of value as you drive them so in that case it makes more sense to lease a car like that.
people who never finance are 90% driving ur usual lexus honda toyota hyundai used and clapped out. all the new bmw merc, exotic, etc are all financed. U r not supposed to finance a honda, toyota, etc bc u end up losing money. if u are gonna pay in full and not lose money in non luxary cars, u need to buy used 5+yrs old where they are depreciated. why buy a clapped out used honda, toyota, when u can finance a slightly new or brand new luxury car for 3 yrs not having to worry about maintenence or being stranded on the road and exit without losing a lot from the depreciation. Yea u do lose money from luxary cars like bmw merc range rover, but not as much as a brand new honda. When u calculate everything correctly, u should be technically driving the car for the payment of interest and insurance over 1-3 yrs, rather than losing 20k within those 1-3 yrs in a honda.
So as an Entrepreneur he maked good money, I guess. But would he be able to purchase all these cars without exotic car hacks🤔 And would someone that isn‘t an entrepreneur be able to buy these cars as well?🤔😅
Get the same training and resource that Joaquin is apart of but for 80% off this Black Friday (starts Nov 5): www.exoticcarhacks.com/waitlist/
thanks for posting I am almost 69 years old but I love listening to channels like this
I saw a Lambo on the highway yesterday morning and then 2 Lambo's running together later in the evening yesterday. I can go years without seeing a Lambo in person, then to see 3 in the same day yesterday.
Joaquin trying to stance like he's as wide as a Bugatti. Lol.
I love it when car collector who clearly loves his cars and I was actually thinking to myself he seems the sort of guy that drives the shit out of them,,, THIS IS A PROPER CAR COLLECTOR AND CLEARLY DOES WHAT THEY ARE BUILT FOR,, THANK YOU SIR BECAUSE YOUR THE REASON THAT I GET TO SEE THESE BEAUTIFUL MACHINES, AND I MEAN THAT, I WON'T LIE I DO TAKE PHOTOS BUT I ALSO LOVE TO just look for myself
this was a great video very informative, how much percent down did he have to put on each car?
It varies per deal and per person. Sometimes your first car loan youll need to then after that it can be $0 down.
@@ExoticCarHacks is it possible to get a $400k+ aventador with $0 down if you have the loan history?
Congrats Joaquin, i'm 23 and getting my first exotic at the end of this year! Let's freaking go!
Congratulations bro. I am sadly not 18 so I can’t do everything yet. But I have watched everything that I can.
What did u buy Jonny 💪🏼
What about sales tax? What about registration? The reason he sold cars for a profit, which he doesn’t clarify, is because of the covid pricing hikes we’ve experienced the last 2 years. Now if you check car data, all these cars are starting to come back to earth price wise. This needs to be clarified.
PJ always great value. Glad I got you meet you. You are a great insipration. hacking soon
Great story and great program.
How much where you monthly payments dude
I heard someone say, “you get licensed as a dealer, you purchase cars at wholesale prices, drive them for 3 months- a year while you find a buyer and get out of the car anywhere from a slight profit to a slight loss.” Is this true, if so what’s the point if your only gunna have the car for such little time ?
Not even remotely accurate about the program. No idea why someone would tell you that
i need to get started already ! time to sell the camaro lol
Great video!!
What is Joaquin’s company name?
If you can breakeven on exotic cars would you recommend having 2 exotics instead of having 1exotic & 1 daily?
Depends on your situation.
Yeah this only works in an low interest and low inventory environment which we had for the past 3 years. Good luck trading in and out of $200,000 cars when interest rates are 8% plus and stock portfolios are down 50%.
Plus at least in the first you have to pay sales tax on them.
Does exotic car hacks work in Canada?
Can this work in the united kingdom too ?
What’s up with the stand!
Great job guys
What people need to understand that YOU HAVE TO AFFORD TO PAY FOR THIS ON A DAILY MONTH.
Not just what you get in return when you sell and say I only opted so much for one year. You pay thousands a month for these cars.
I feel a lot of these 'interviews' are the same by ECH.
Plus they always forget to add taxes. In California is almost 9% of the car’s value on top of whatever price you negotiated. Except if they register the car in Montana or elsewhere with no sales tax on cars.
My question is how do you make money buying a $180k car just buy putting a down payment and pay monthly payments but then sell that car after a year for $180k you didnt make money you break even on the sell not including the gas and the insurance so thats what i cant wrap my head around or lets say you sold it for $185k you make your down payment back or do you make more money cuz i dont think you gonna make that $185k all to yourself if you still owe on that car i think its more of a trading thing you just get to drive nicer cars idk someone break it down for me how you make money on these cars
You need money obviously to pay for the loan, but you can recapture most of your money when you sell.
@@ExoticCarHacks so i would make a few grand buying and selling within a year without fully buying the entire car ?
Joaquin is tall af, what is he 7ft?
Doesn’t sales tax alone chew you up.
Pejman, what is your opinion on financing/leasing a car? I know some people who never finance/lease their cars and advise against doing so(including people like Andy Frisella, Ed Mylett and plus some very successful individuals in my area outside the US).
But I guess it makes more sense for you and your students to flip cars if you only want to own them for a very short amount of time and maybe make money while owning them. But it depends on the type of the car too. Like if you buy a 488 Pista, then that car will hold its value very well, even after 5-10 years. Whereas if you'd buy a new Audi R8 or RS6, these cars will lose a lot of value as you drive them so in that case it makes more sense to lease a car like that.
people who never finance are 90% driving ur usual lexus honda toyota hyundai used and clapped out. all the new bmw merc, exotic, etc are all financed. U r not supposed to finance a honda, toyota, etc bc u end up losing money. if u are gonna pay in full and not lose money in non luxary cars, u need to buy used 5+yrs old where they are depreciated. why buy a clapped out used honda, toyota, when u can finance a slightly new or brand new luxury car for 3 yrs not having to worry about maintenence or being stranded on the road and exit without losing a lot from the depreciation. Yea u do lose money from luxary cars like bmw merc range rover, but not as much as a brand new honda. When u calculate everything correctly, u should be technically driving the car for the payment of interest and insurance over 1-3 yrs, rather than losing 20k within those 1-3 yrs in a honda.
So as an Entrepreneur he maked good money, I guess. But would he be able to purchase all these cars without exotic car hacks🤔 And would someone that isn‘t an entrepreneur be able to buy these cars as well?🤔😅
Great video!
Great video
I get the strategy but getting yourself into a 'loan' is problematic IMO.
My V6 challenger insurance cost $600 a month because of the data and my state. Definitely need to get into a exotic 😒
for that price you could have a decent exotic, definitely get in bro
cool
Mini me