Renting out your Lamborghini

[reacher]

Be honest do you guys truly drive your Lambo everyday? What's better 5 normal $50k luxury cars or 1 $250 exotic car?

I drive mine as much as I can. Not when it rains (because I like to keep it clean), and not if I'm going somewhere sketchy. I don't understand people that buy these cars and don't drive them.

What's the point of 5 $50k cars? An exotic car fills an emotional need that no other car can. If you don't have that emotional need then just one $50k car will suffice.

[Irradi8]

I drive mine as much as I can. Not when it rains (because I like to keep it clean), and not if I'm going somewhere sketchy. I don't understand people that buy these cars and don't drive them.

What's the point of 5 $50k cars? An exotic car fills an emotional need that no other car can. If you don't have that emotional need then just one $50k car will suffice.

This is pretty much myself and my Huracan I just picked up.

To OP i saw what I think was your first thread but I don't want to be harsh on you. You're trying to make having your dream car work for your situation and given the joy this car gives me, I understand that.

Thing is I never would've thought to buy a car like this until I could a) easily afford buying it in cash (which I did) and b) afford to replace in a complete loss (which I can) or c) switch to an Aventador or other supercar in the future (which I can) all with ease.

Everyone comes from different financial backgrounds, situations and yeah even socio economic class. This says nothing about you as a person, it's your character that counts. I came from a middle class family to upper middle class at best and I'm first generation in Canada after my parents moved here. In short we didn't have a lot of money. Toward the end of his career my dad was making about $100k/year so good life, never lacking, but not buying a supercar level.

I worked long and hard at school and now do a job I love and make an order of magnitude more than what my father did. Only at this point did I start to even think about a supercar. You'd be wise to do the same. Acquire an amazing highly sought after skill or education, find a job you love, kick ass at it, make lots of money then buy a brand freaking new Lamborghini. I worked hard for every dollar but I have no buyer's remorse. I would do it again a thousand times over. I love this car and am very thankful for the job and income that made it possible. It'll be a lot more satisfying and enjoyable when you can walk into the dealership, hand them a bank draft for $300 000 without blinking and drive away in one of these beautiful cars, smile on your face knowing you earned it.

Also, you may not know this but many Lamborghini owners sell theirs every year and use the funds toward a brand new Lamborghini of the latest model year. You do put in the initial large sum but because they only depreciate a small amount, you basically just top up the value of depreciation every year or two to get a new car, change colours/spec etc. So it's not a "sunk cost" where you lose all your money as long as you're ok with upgrading every year or two and paying the difference between the sale of your previous Lamborghini and the cost of the new one.

Then again, I can thankfully afford to buy a new one every year if I really wanted to but don't see the need for me personally to have more than one. I drive mine very regularly but don't have the time or interest in driving multiple supercars simultaneously. I think the most I'd ever want to own at once is two.

Good luck! But seriously rather than trying to jimmy your financial way into a Lamborghini, spend your time wisely, invest in yourself, work hard and enjoy it when you can buy one without worry. If it's a decision you're stressed about it'll ruin the experience. All the best.

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[Cristian]

This is pretty much myself and my Huracan I just picked up.

To OP i saw what I think was your first thread but I don't want to be harsh on you. You're trying to make having your dream car work for your situation and given the joy this car gives me, I understand that.

Thing is I never would've thought to buy a car like this until I could a) easily afford buying it in cash (which I did) and b) afford to replace in a complete loss (which I can) or c) switch to an Aventador or other supercar in the future (which I can) all with ease.

Everyone comes from different financial backgrounds, situations and yeah even socio economic class. This says nothing about you as a person, it's your character that counts. I came from a middle class family to upper middle class at best and I'm first generation in Canada after my parents moved here. In short we didn't have a lot of money. Toward the end of his career my dad was making about $100k/year so good life, never lacking, but not buying a supercar level.

I worked long and hard at school and now do a job I love and make an order of magnitude more than what my father did. Only at this point did I start to even think about a supercar. You'd be wise to do the same. Acquire an amazing highly sought after skill or education, find a job you love, kick ass at it, make lots of money then buy a brand freaking new Lamborghini. I worked hard for every dollar but I have no buyer's remorse. I would do it again a thousand times over. I love this car and am very thankful for the job and income that made it possible. It'll be a lot more satisfying and enjoyable when you can walk into the dealership, hand them a bank draft for $300 000 without blinking and drive away in one of these beautiful cars, smile on your face knowing you earned it.

Also, you may not know this but many Lamborghini owners sell theirs every year and use the funds toward a brand new Lamborghini of the latest model year. You do put in the initial large sum but because they only depreciate a small amount, you basically just top up the value of depreciation every year or two to get a new car, change colours/spec etc. So it's not a "sunk cost" where you lose all your money as long as you're ok with upgrading every year or two and paying the difference between the sale of your previous Lamborghini and the cost of the new one.

Then again, I can thankfully afford to buy a new one every year if I really wanted to but don't see the need for me personally to have more than one. I drive mine very regularly but don't have the time or interest in driving multiple supercars simultaneously. I think the most I'd ever want to own at once is two.

Good luck! But seriously rather than trying to jimmy your financial way into a Lamborghini, spend your time wisely, invest in yourself, work hard and enjoy it when you can buy one without worry. If it's a decision you're stressed about it'll ruin the experience. All the best.

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Amen to that, same story here, very well explained!
I will add that your income should be at least the value of the car if not double on the low side. No different than the guy that makes 50-60k a year and drives a 25-30k car.




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