Why I'm Buying Exotic Cars While The Market Is Crashing

Рет қаралды 20,530

Жыл бұрын

Pejman Ghadimi from Exotic Car Hacks explains exactly what's happened to the car market which indicates to him that now is still a great time to buy, own, and hold exotic cars... even though the car market is "crashing".
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Learn how to buy your dream car without huge mark-ups (actually under market value) and own it completely free: www.exoticcarhacks.com/traini...
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Enroll in Exotic Car Hacks and get your exotic with as little as $0 down here: www.exoticcarhacks.com/ytjoin
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Website: www.exoticcarhacks.com/
Instagram: / exoticcarhacks
Facebook: / luxurycarhacks

Пікірлер: 99

@slobodang7886 Жыл бұрын

Let me tell y’all. I joined PJ‘s training for a reason and let me tell you. It’s well worth it and no one out there will teach you with the right knowledge as PJ does along his team. Thankful to be part of ECH family and constantly learning each and every day, step by step. Thank you Pejman for this intriguing and informative video. Keep it up..👍🏻

@nexxasa1962 Жыл бұрын

PJ knows his stuff. I've shopped around, and he's on point

@SP369145 Жыл бұрын

The one guy who up-sells his products and it’s actually worth it. Aggravating but worth it

@damiondice Жыл бұрын

I never buy anything off KZfaq but based on the free info you give I can’t wait to see what’s in the payed package

@-_zl1114 Жыл бұрын

When I'm balling out of control, this is the kind of guy who would be in my top 5 speed dial contact list!

@Rockit181 Жыл бұрын

don't have to be ballin out of control to do some hacking on a nice car

@93octane10 Жыл бұрын

Great content! Thank you for sharing! Looking forward to joining your training.

@claudangelobeaudouincentra3228 Жыл бұрын

This was a very informative and intriguing video…. Every time I watch you videos it makes me wanna get out of always buying Bmw’s… and taking the leap to the exotic side….Thanks for your insight as always…

@Rockit181 Жыл бұрын

honestly, so much value in this free video right here. Also an ECH member, worth it just for the network alone. Already paid for itself in what I've learned

@FliCarGuy Жыл бұрын

Always on point with the information because you actually buy the cars and have them, you're not going by "they say". That's the huge difference. Thank you for the information.

@hmustang6 Жыл бұрын

The explanation was gold, thanks PJ

@Emadavid Жыл бұрын

One of the things I learned from watching PJ is the impact the spec of the car has on its value. Before I just look at car as such but I learned the difference is in the details.

@ExoticCarHacks Жыл бұрын

It’s so important

@supercarlifestyle. Жыл бұрын

Great stuff PJ you on point

@bobbymccoy702 Жыл бұрын

Hey PJ, been watching you from the beginning . just wanna say great content and vids, your a stand up guy. Still the same PJ not letting YT go to your head, ever find yourself in NY , dinner is on me. Maximum respect and the haters , hate a stand up guy

@ashaikh95 Жыл бұрын

This was the best video.

@thepittlessons Жыл бұрын

Great video. The number of people who don't understand the massive importance of buying the right spec still astounds me. The likes on this video are certainly earned and well deserved.

@stevemundie8495 Жыл бұрын

This guy IS VERY smart! - THANK YOU PJ

@sergiomorales4553 Жыл бұрын

Super informative video PJ. New ECH member here. Excited to get into this game!

@ExoticCarHacks Жыл бұрын

Welcome aboard!

@Gedalneil Жыл бұрын

Most valuable 15 minutes on this topic. I am torn because this should have 10 million views, but I like having the competitive advantage of it not.

@jdjames997 Жыл бұрын

PJ, this video was very educational. Thanks for putting out this great content, I have subbed and will look at your training. I know Porsches don’t always qualify as “exotic” unless it’s a GT3 variant. But with this in mind, do you believe Porsche 911 (Carrera GTS or S) values will continue to climb or come down this year or next, or go up? Tech seems to hurt these cars as the newer ones keep getting better, as does the performance, but how do you know when a cars value has already depreciated (with Porsche in mind), and is at a point where it’s the smart time to buy a used one? Some say the naturally aspirated 911’s will be desirable in the future, not sure “collectible” is the right word, but what do you think?

@b.downes6378 Жыл бұрын

Great video pj

@kylemcpherson1443 Жыл бұрын

Mind blown by the details involved in this market.

@jz3430 Жыл бұрын

I agree with everything you said. There is some relief coming in approximately 3 years. There is a new semiconductor plant being built in the US. This should take away some of the reliance on China and Taiwan for the US domestic companies, which should free up supplies overseas. Exotic car production will likely increase for entry level exotics such as the Huracan and the supply will get closer to the demand. The days of used cars over MSRP will come to an end and the markets will stabilize, but remain high for rare collectibles.

@er98ah Жыл бұрын

Good talker, prepared and convincing

@richieduck67 Жыл бұрын

Heard AMG GT Black series are dropping a dealer traded one in for 390k

@gaspargaytanmorales7272 Жыл бұрын

PJ you are my king.

@richieduck67 Жыл бұрын

Can you do a video on what you see as good buys at the moment

@DaniloGol 9 ай бұрын

i loved it !!!!!! Super :)

@PatrickPrice772 Жыл бұрын

You are 💯 correct 👍

@ghanimrocks Жыл бұрын

Wow just fire information

@trinisuprazee Жыл бұрын

What's a good spec 1st gen gallardo PJ? Thanks!

@executive8680 Жыл бұрын

That thumbnail 🔥🔥🔥🔥

@clapchow7036 Жыл бұрын

My only question is why you don't have a Gintani exhaust on your SVJ, PJ. You know HOW GOOD that system sounds.

@ExoticCarHacks Жыл бұрын

After what happened to Bryan Salamone last weekend I am not going to modify exhausts on any of my cars ever again.

@goodfella998 Жыл бұрын

@@ExoticCarHacks Did the exhaust contribute to the fire?

@XennialGuy Жыл бұрын

PJ, Show me on the doll where the lease program touched you. Nothing wrong with a lease if done right. I leased my previous McLaren and sold it two years later before the lease was up and got 50K over the buyout and made 20K. A lease is no different than a loan. The biggest advantage is you only pay taxes on the payments you make on the lease, when a dealer buys out the car from you, you don't pay the taxes on the remaining balance. That is the biggest advantage. And then of course there's the corporate deduction if you got a corporate lease and you own your own company. I really don't understand the hate towards leases, You're not going to actually give the car back at the end of the lease, there's always equity if you get the right car at the right price. But if you save 20 or 30K on taxes, that's a huge win. Unless you do Montana, you don't get that advantage with a loan or a cash deal. As soon as you buy the car cash, you have to pay that 6 to 8% sales tax, gone. When you least, you may only pay that on maybe 100K or so across your payments. That stops as soon as you get out of the lease early and sell it. P.S. Unrelated, I did get a 765LT Spider at MSRP. :P

@ExoticCarHacks Жыл бұрын

"A lease is no different than a loan". Yes it is. A lease is the cost of the expected depreciation of a car hacked into 36 monthly payments. It's a rental agreement for depreciation with a buyout option. Your buyout happened to come at the first time in history when the price of literally every car went to the moon bc of the covid supply shortage. That's not a repeatable model.

@XennialGuy Жыл бұрын

@@ExoticCarHacks You're assuming that all of your lease payments are going towards the depreciation of your car, or the money factor. Most of your payments goes towards your principal just like a loan, the money factor is essentially no different than interest, But is considered a rent charge. I leased and sold my Mac pre-COVID and still made money because I bought it right. If you have 36 payments equaling 100k, on a 300k car, you are basically paying a rent charge, or interest on the lease schedule. If you exit out of the car early, say a year, you don't pay those remaining rent charges, no different than not paying the remaining interest on a loan. Even the cap cost adjusted down payment goes towards your principal just like a loan. I leased and sold many luxury cars pre-COVID and made money by simply flipping them and never had to pay taxes on anything more than the payments I made. Obviously during COVID things were even better. But I don't understand why an open or closed lease is any worse than a loan to you. You don't own the car when you have a loan either, that bank that stamped on the title is the real owner until you pay it off. Once you get a loan or pay cash on a vehicle, you paid 100% of the sales tax right up front and lost all that right off the top. You don't have that disadvantage with a lease, and you can write it off if it's a corporate lease.

@kingrichards3000 8 ай бұрын

Hehe clearly doesn’t understood leases in my opinion. I’m with u …I’ve done the same like you and came out pretty well with leases as well and the tax write offs is real. ESPECIALLY in California

@chenglo8999 Жыл бұрын

Damn. U good PJ

@jamesknight5860 Жыл бұрын

amen.

@billybadmind3439 Жыл бұрын

Talk that shh! 👍🏾

@Repomex01 Жыл бұрын

Smart man.

@JohnnyKS2000 Жыл бұрын

Great Video PJ , I’ve see to many KZfaq videos lately talking about the car market crashing. There talking like prices are going to go down 30% or more! 😂

@ExoticCarHacks Жыл бұрын

On "poor people cars" they probably will

@solfish8961 Жыл бұрын

What do you think about the Urus market? And Trackhawk?

@ExoticCarHacks Жыл бұрын

Both dropping

@PatKaz98 Жыл бұрын

@@ExoticCarHacks how about F12 market

@keithsclassicgarage1133 Жыл бұрын

People are freaking out. Time will adjust the market.

@jayfrmbkny2547 Жыл бұрын

I'm thinking about joining but I do have a question, are any of these cars or exotic cars period are within a price bracket that makes sense and is affordable without being super rich to buy one? I guess that's my concern I mean this sounds good but if the budget is $50k for example how are you driving one of these for something in that price range for a car that's well over $100k? Does your program show you how to what negotiate a deal to drop the price 50%-60% of the retail price? How is that even possible?

@ExoticCarHacks Жыл бұрын

There are great cars to hack for $50k now that were once $100k+ when they were new. You’re just buying preowned versions.

@jayfrmbkny2547 Жыл бұрын

@@ExoticCarHacks ahhhh.... ok now that makes perfect sense! I understand now! Thank you!

@jayfrmbkny2547 Жыл бұрын

@@ExoticCarHacks I would love to own a Audi R8 and those cars are up there in price. I'll definitely need to learn how to buy one of those if they are priced in that range!

@Rockit181 Жыл бұрын

@@jayfrmbkny2547 an R8 is pretty hackable, talk to the right lenders, the R8s retain their values pretty well both in V8 and V10 spec

@jayfrmbkny2547 Жыл бұрын

@@Rockit181 And I'm guessing signing up for the program will show me how to do that?

@richieduck67 Жыл бұрын

How many of these cars have been bought with crypto

@hellocar123 Жыл бұрын

when the market is crashing is literally the worst time to sell

@Tyson__B Жыл бұрын

Logical

@shejustcant Жыл бұрын

will high spec 650s retain value after depreciation

@ExoticCarHacks Жыл бұрын

yes

@shejustcant Жыл бұрын

@@ExoticCarHacks solid!

@nojabs999 Жыл бұрын

How are pistas doing?

@ExoticCarHacks Жыл бұрын

Great specs doing well. Bad specs sitting

@RossoFormula Жыл бұрын

@@ExoticCarHacks Still have yours? Probably the best spec I've ever seen.

@mikesavvides4965 Жыл бұрын

Would you trade your Chiron for a Laferrari?

@ExoticCarHacks Жыл бұрын

Only if the dollars made sense. I dont really care to own a LaF

@Jamess17065 Жыл бұрын

Hate him or love him PJ always knows his shit... Haha..

@King-my2hp Жыл бұрын

Nah I’ll wait next year get better deal

@albertbangura2245 Жыл бұрын

Read the Art Of War by Sun Tzu. This guy has a lot of courage, benevolence, strictness, sincerity, and wisdom. These are tenants of a great leader. Not everyone is going to give you this kind of insight for free. Many people thought we would all be driving electric cars overnight but even Elon Musk said that the transition would take at least 25 years. Even if you are not interested in buying exotic cars, he is giving you practical information to better understand the car market price cycle.

@rms-vp6hf Жыл бұрын

I wanted to see a dild* and shout out to Tavarish driving a rebuilt Mclaren on used tires 😂

@damiondice Жыл бұрын

Oh no. Not the G Waggon

@carlosaraujo59 Жыл бұрын

I think he has many good points, very detail and insight when it comes to dealers. But I think he is exaggerating on many points and respect to sell his course. But don’t be telling the other 94% of America they can own exotic cars, only 6% of Americans make over 200k and even at that it’s still hard to pay 2-4k on a lease hoping I bought the one off car that goes up in value. I mean realistically the average salary in America is like 55k. The exotic car game is a rich Man’s game don’t tell people to go broke trying to own these cars.

@ExoticCarHacks Жыл бұрын

inaccurate data all around. Thanks for playing though

@Bgggfdd 9 ай бұрын

@@ExoticCarHacksno, he’s spot on. You’re going to eat it, when the the upper middle class finally gets hit

@jose7777777777777777 Жыл бұрын

This is only happening in USA. I've seen cars sell in Europe for 50% less than the same thing in USA.

@stevemundie8495 Жыл бұрын

50% less? Wow! Why don't you arbitrage them if this is true? BECAUSE IT ISN'T!!

@jose7777777777777777 Жыл бұрын

@@stevemundie8495 Because it’s a PITA to import cars that aren’t 25 years old correctly. Look at the last BaT results for a sold 997 GT2 and the last collecting cars result for a 997 GT2 and get back to me. Euro market 550 Maranellos are a decent opportunity to make some money right now, but it’s too much work for someone who isn’t a dealer/importer for it to be worth it.

@ExoticCarHacks Жыл бұрын

Arb from europe into the US is a complete pain in the ass. Not worth it even with 50% margin.

@jose7777777777777777 Жыл бұрын

@@ExoticCarHacks agreed, there are better opportunities within the US