Today we’re going to have a little bit of fun talking about a subject that is near and dear to my heart, which is cars.
As many of you know, fast cars are one of my biggest passions in life.
I started racing in 2008 when I entered and finished the most dangerous race in the world, the Baja 1000.
In 2014 I won the Mint 400, and then competed in the Pirelli World Challenge last year.
Well all of this started when I bought my first supercar in 2008 which was an Aston Martin Vantage.
From that moment on I was hooked… Hooked on the speed, the beauty, the art, the technology, the heritage, and the story of motorsport.
And what you quickly realize is that the right car is a tool for transformation.
When you step into one of the machines, you are transformed. You feel different. You are suddenly the wolf in a street filled with sheep.
You can’t help but appreciate the fact that you’re sitting in one of the rarest, and most high-tech machines in the world, and that driving it to its potential requires years of training and practice.
It’s very similar to the feeling you’d have when you put on a tuxedo and look in the mirror, or for the ladies, a new pair of Manolo’s.
If you’re driving a $200, $300, or $400,000 car, you are doing something right in life.
With that being said, purchasing one of these vehicles is a minefield that could cost you an incredible amount of money, which is a lesson I’ve had to learn the hard way.
Over the years I’ve owned a second Aston, three Audi R8’s, three Ferrari’s, a 2005 Ford GT, and two Porsche GT3’s.
But here’s what most people don’t realize…
With the right knowledge, you can actually drive the exotic car of your dreams, for the same amountof money as a Honda or a Ford.
For example, I purchased my last Ferrari 458 at sticker for $285,000. I drove it for a year, put 6,000 miles on it, and sold it back to the dealership for around $270,000.
Which means my total cost to own that car was around $15,000 plus the cost of insurance.
If you’d purchased a nice Ford F-150 truck, you’d have lost the same amount of money in depreciation.
How much the car costs is irrelevant. The only number that matters, is how much it’s worth when you sell it.
Well today we’re going to learn how to these kinds of cars without losing your shirt… In fact, you can even get paid to drive them.
Pejman Ghadimi is a very successful entrepreneur with a similar passion for cars. He’s owns a luxury car rental company, and he’s the Founder of ExoticCarHacks.com where he teaches people how to purchase and sell supercars responsibility.
Should you lease or should you buy?
Should you pay cash or finance?
Should you modify your car or leave it stock?
How much should you pay, and how can you find an allocation for the super-rare hypercars like the McLaren P1 that could literally put a million bucks of profit into your pocket?
We’ll dive into all of these questions and more today.