Deltathree21 Report post Posted August 11, 2015 To all the Lamborghini owners living the dream, what is estimate cost of ownership for a new Lamborghini?? I read from difference sources that you need to make 300k+ to be able to afford it, is it true or are they just exaggerating? I just assume if you make 300k and still say you need more its because you spend your money on big houses, parties etc etc. Assuming car is paid in full, only costs would be maintenance, petrol, insurance. If you were to live a simple life like live in a bungalow you like, eat like a normal person and not do all the extravagant things that "rich" people do isn't it possible to live the dream as well? Thank you for your input. Quote Share this post Link to post Share on other sites More sharing options...
Robster Craws Report post Posted August 11, 2015 How I long for the day the forum becomes private again. Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted August 11, 2015 You need balance in life and prioritize. Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted August 11, 2015 How I long for the day the forum becomes private again. i get that, but the guy was cool. I remember when i was asking those questions(LONG before the internet) Yeah $300K/yr if your not paying 50% in income tax's is cool AFTER you own a house and have savings etc, then a Lambo is affordable. It's not what you make as much as what you already own BEFORE you buy a Lambo, I don't make shit right now and own 5 Lambo's ( all paid for in cash), but my net worth is strong so a Lambo aint that big of a deal. I make maybe $80K-$100K/year the past few years, I used to make double that a week. Point is there's no magic formula based on just income, Its you entire own personal economy that matters. The old saying holds true, if you have to ask the price-ya cant afford it(yet) Keep on keeping your eye on the prize took me 13 years to get into my first Lambo, i've owned one ever since, actually after a couple years i've owned like 3-7 ever since. Never give up. there question answered nicely, best eric Quote Share this post Link to post Share on other sites More sharing options...
porter Report post Posted August 11, 2015 If I live in a shoe can I afford a Lambo? The shoe would be my home and daily driver the Lambo would be for fun only my mom said I can do anything I put my mind to hi. Quote Share this post Link to post Share on other sites More sharing options...
Deltathree21 Report post Posted August 11, 2015 How I long for the day the forum becomes private again. sorry i don't mean to be the guys who ask "how much do you make" etc. Didn't want to know your personal info or anything just figured that these questions could be best answered by people who owned the car them selves. Sorry if it was offensive or anything of the nature. Again I apologize. Quote Share this post Link to post Share on other sites More sharing options...
Deltathree21 Report post Posted August 11, 2015 i get that, but the guy was cool. I remember when i was asking those questions(LONG before the internet) Yeah $300K/yr if your not paying 50% in income tax's is cool AFTER you own a house and have savings etc, then a Lambo is affordable. It's not what you make as much as what you already own BEFORE you buy a Lambo, I don't make shit right now and own 5 Lambo's ( all paid for in cash), but my net worth is strong so a Lambo aint that big of a deal. I make maybe $80K-$100K/year the past few years, I used to make double that a week. Point is there's no magic formula based on just income, Its you entire own personal economy that matters. The old saying holds true, if you have to ask the price-ya cant afford it(yet) Keep on keeping your eye on the prize took me 13 years to get into my first Lambo, i've owned one ever since, actually after a couple years i've owned like 3-7 ever since. Never give up. there question answered nicely, best eric Thank you for the reply I appreciate it. Quote Share this post Link to post Share on other sites More sharing options...
LA_Brit Report post Posted August 11, 2015 Sell drugs, lots of drugs. Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted August 11, 2015 sorry i don't mean to be the guys who ask "how much do you make" etc. Didn't want to know your personal info or anything just figured that these questions could be best answered by people who owned the car them selves. Sorry if it was offensive or anything of the nature. Again I apologize. all good, you asked a fair question. the issue is its been asked 1000000000000 times, and the answer is always the same. your good with me and i'm happy to answer your questions. my answer above is solid. as far as costs once you own a Lambo, it's been my experience that i never noticed. meaning i had enough $$$ the costs are negligible. I paid cash for every lambo but my first one, i put 50% down and paid it off in 12-18 months, i believe Lambos should be "all cash" cars. with interest rates low now, financing might be ok, but i'd have more cash in the bank than the cost of the car times 3. If you have to finance a toy-it's the wrong toy. If you have to finance a car to go to school, work, etc in that's understandable, but at that point in life your not in Lambo territory. The exception being for tax reasons leasing a daily driver makes sense and paying all-cash for a lambo, or if on a loan, cheap $ and like I said own enough to pay it off at anytime without feeling it. living the dream is just that, it don't include looking at fuel prices, insurance, etc. All that is nothing comapired to the price of the car. now if you buying a jet or yacht, then yes carrying costs, fuel, pilots, maintenance MATTER A LOT. With exotic cars its a small % of the purchase price of the car. Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted August 11, 2015 if you choose to sell drugs-don't get caught. LOL Sell air, much more profit and less heat. Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted August 11, 2015 sorry i don't mean to be the guys who ask "how much do you make" etc. Didn't want to know your personal info or anything just figured that these questions could be best answered by people who owned the car them selves. Sorry if it was offensive or anything of the nature. Again I apologize. Eric was nice enough to answer. Here's the thing. There's no secret salary. It's about priorities and planning. Often people pop their cherry own the car for a year or two and get rid of it because it's a big pain in the ass to own. So take care of responsibilies first then if you're fortunate enough to have extra cash, buy your car. Owning a Lambo is not easy if you're stretching your budget at all. They're expensive vehicles to buy and maintain. Good luck. Quote Share this post Link to post Share on other sites More sharing options...
LA_Brit Report post Posted August 11, 2015 Dude whatever, can't drive a house!!!! Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted August 11, 2015 Dude whatever, can't drive a house!!!! What about a caravan? Quote Share this post Link to post Share on other sites More sharing options...
Chipster Report post Posted August 11, 2015 If I live in a shoe can I afford a Lambo? The shoe would be my home and daily driver the Lambo would be for fun only my mom said I can do anything I put my mind to hi. My biography got leaked? Quote Share this post Link to post Share on other sites More sharing options...
Jpegs13 Report post Posted August 11, 2015 DO drugs, lots of drugs. fixed Quote Share this post Link to post Share on other sites More sharing options...
Jpegs13 Report post Posted August 11, 2015 Read this thread. It will enlighten you. http://www.lambopower.com/forum/index.php?...=76452&st=0 Quote Share this post Link to post Share on other sites More sharing options...
szabo_martin Report post Posted August 11, 2015 As mentioned before... I would suggest if you are making between 2-3 hundred K have a house and no kids, save up 70-80K put it down on a used LP560...pay it off within a year or 2 then your always right side up. Main thing is to keep a positive equity. The rest is up to you... you need to realize there are people who make 100's of millions and a car is like a drop in the ocean, and there are enthusiasts that stretch a bit to have something rewarding.... only you know your situation. U pay off the 560, sell for 135-150 in a couple years, put that into a used aventador and keep moving Quote Share this post Link to post Share on other sites More sharing options...
Fortis Report post Posted August 11, 2015 I remember the day when I was dreaming like this kid, those sweet innocent days, now I can pretty much buy whatever I want and things aren't special anymore Quote Share this post Link to post Share on other sites More sharing options...
emanon Report post Posted August 11, 2015 I remember the day when I was dreaming like this kid, those sweet innocent days, now I can pretty much buy whatever I want and things aren't special anymore Think Bigger! I don't see a helipad at the Fortisdome. Quote Share this post Link to post Share on other sites More sharing options...
Fortis Report post Posted August 11, 2015 Think Bigger! I don't see a helipad at the Fortisdome. Scared of flying, hate the water haha now I just buy more and more dirt, only thing that excites me at the moment. Also I bought some heavy duty toys but those I can't operate myself unless I keep a safe distance from any object which is approx 1/2 mile Quote Share this post Link to post Share on other sites More sharing options...
Jpegs13 Report post Posted August 11, 2015 Scared of flying, hate the water haha now I just buy more and more dirt, only thing that excites me at the moment. Also I bought some heavy duty toys but those I can't operate myself unless I keep a safe distance from any object which is approx 1/2 mile Man, I miss the days of operating heavy equipment! Quote Share this post Link to post Share on other sites More sharing options...
Allan-Herbie Report post Posted August 11, 2015 Sell drugs, lots of drugs. But you combined that with male prostitution and did it in 1/2 the time! Congrats! Quote Share this post Link to post Share on other sites More sharing options...
MrEd Report post Posted August 12, 2015 After owning 20 of them and selling hundreds, here are my 10 tips http://edbolian.com/10-tips-to-prepare-you...c-car-purchase/ Quote Share this post Link to post Share on other sites More sharing options...
Supercar Ace Report post Posted August 12, 2015 After owning 20 of them and selling hundreds, here are my 10 tips http://edbolian.com/10-tips-to-prepare-you...c-car-purchase/ Solid list there. To chime in, don't be the guy who owns a Porsche but doesn't have $10 to put in the gas tank. The rule of 3 is a generally good one, if you can afford 3 of them get one, that way you can have your toy and enjoy it. A lot of people get so fixated on getting the car that they sacrifice too much for it, then have to sweat the payments when they have it. Own your things, don't let them own you and then you can truly enjoy them. As awesome as they are, at the end of the day they are just cars, there's a whole lot of great things to experience in life (travel, friends, ect) so don't forget to spend a few $$ investing in that as well Best of luck, I look forward to the day when you post for your owner's title badge Quote Share this post Link to post Share on other sites More sharing options...
Fortis Report post Posted August 12, 2015 Man, I miss the days of operating heavy equipment! Come over!! Quote Share this post Link to post Share on other sites More sharing options...
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