Lamborghinis CAN be INVESTMENTS/minimally depreciating assets

[Ross Erstling]

Sorry that this is my first post, but as I read through the forum, I notice that there are an abundance of people who have simply accepted significant depreciation as a fact; and that if you don't accept this significant depreciation then you shouldn't be buying a Lambo. This couldn't be further from the truth..

If you buy a BRAND NEW LAMBO--yes, you will have much more depreciation than someone who waits a few years or capitalizes on mileage. I don't suggest buying a new lambo, even if you have 100 million in the bank, because it's just unwise. I don't believing in WASTING, no matter how much I have, and that's why I have in the first place. I save on EVERYTHING. Just look at the Huracan-- if you waited just a year, you saved 70k.

I've made money on all of my exotics, from my SL550, to my Gallardo, to my Bentley GT. I am about to get a Huracan for a STEAL and I could literally make money off of it immediately if I so chose. The trick is to buy after they slightly depreciate, due to both age and mileage. Then, after the first guy takes the hit, you can actually DRIVE the thing without having to worry about losing thousands everytime you take it out.

Who else has either MADE MONEY or lost very little?

[15HURACAN1]

All Good,but some people just want brand new stuff,like me.I never buy some one elses used car or any thing for that matter.I one can afford it ,why not.What I do is try to get the best deal I can on new.

[lp580]

I ordered new because I want certain specs that I know a used Huracan won't have. The way I look at is you can make a bad investment and take a bigger hit, at least when taking a hit with the Huracan you're enjoying every minute plus I don't plan on being the richest man in the cemetery so it doesn't matter to me if I do take a hit if it brings enjoyment to my life. To each his own.

[Cmazza]

I also ordered new because I wanted some specs not available on 2016/2015 models such as Q citura pattern on seats and door panel ( I think the flag stitched in the seat and huracan logo is a cool look), dark chrome pkg. and Sensonum audio upgrade.

[TTBear]

I was extremely fortunate - I bought brand new (not ordered - someone backed out of their car), and paid considerably less than any USED Huracan listed on Auto Trader Canada at the time. Time will tell how I do with regards to losing money!

[ZarkaLambo]

I was extremely fortunate - I bought brand new (not ordered - someone backed out of their car), and paid considerably less than any USED Huracan listed on Auto Trader Canada at the time. Time will tell how I do with regards to losing money!

Yes! I got a good deal on a 580-2 aswell! I don't believe its wise to buy MSRP , but if you're getting a steal deal on a NEW car, why not go for it? No one should be scared of buying new cars, you all know what you're getting into if you purchase a new car. I myself know I'll spend a long time in my H so it doesn't affect me that much!

[Kermit]

I made a decent profit when I sold my SL 570-4 so I decided to buy a new 610-4

What I made I will lose when I sell it...easy come easy go

[jetfalcon]

I made a decent profit when I sold my SL 570-4 so I decided to buy a new 610-4

What I made I will lose when I sell it...easy come easy go

You made money on car you bought, drove, and then sold?

I only made $300 profit on used patio furniture I bought for $600, to later sell for $900. But they were nice ones, it was CB2 couch & some nice lounge chairs.

Right now I have an iPad Pro 12.9" I bought for $500 (retails $799+tax). I'm thinking to sell it for $600 once I feel like I'm over it, there isn't anyone else on Craigslist selling an iPad Pro of my specs for $500-600

[xudaniel1949]

You made money on car you bought, drove, and then sold?

I only made $300 profit on used patio furniture I bought for $600, to later sell for $900. But they were nice ones, it was CB2 couch & some nice lounge chairs.

Right now I have an iPad Pro 12.9" I bought for $500 (retails $799+tax). I'm thinking to sell it for $600 once I feel like I'm over it, there isn't anyone else on Craigslist selling an iPad Pro of my specs for $500-600

Some funny stuff! Did you hold the guy at gun point, when you sold your patio furniture to him.

[jetfalcon]

Some funny stuff! Did you hold the guy at gun point, when you sold your patio furniture to him.

Didn't have to beg or hold anyone at gun point to sell my patio furniture. The couch sold less than 12 hours, I posted at night and someone came up the next morning. And was able to sell for top dollar, I already had like 2-3 people asking for it so if she were to low ball me I could easily say no.

My 2 patio lounge chairs sold in 1-2 days when I posted it.

The best one was trying to sell EDC tickets. I had like 20 text per minute, my phone was blowing up.