Meet Paul: It’s Never Too Late to Make Your Childhood Dream Come True
Seek and ye shall find!
Paul is a perfect example of how knowledge is power. By diving head first into the lessons we teach here at Exotic Car Hacks, he was able to find a low mileage, 1 of 222, power-house Lamborghini and purchase it for a fraction of the cost.
Tell us a bit about yourself:
Paul: I am 41 years old and since I was a child I’ve always loved exotic cars, especially Lamborghini’s.
What is your profession?
Paul: I own a small Commercial and Industrial Electrical Contracting business in the Los Angeles area.
What was your first car and why?
Paul: My first car was a 1967 Baja Bug which I paid $500 for, completely restored and about 1 1/2 years later sold for $6k
First exotic car using Exotic Car Hacks methods and why?
Paul: My first exotic is a 2011 Lamborghini LP550-2 Bi Colore (white/black) #45 of 222 produced worldwide with 2,085 miles on it which I found at a dealer in Houston, TX.
I’ve always wanted a Lamborghini and not only do I love this car, it was within my price range. I felt that this was a good purchase because of the low mileage, I can put a lot of miles on this before it starts to really affect the resale value.
I also brought this fairly rare model to the Los Angeles area which has the largest Lamborghini market in the world.
- Original MSRP: $209,400.00
- List Price: $145,500.00
- Purchase Price $139,469.70
- Sales Tax & Registration $13,713.27
- Down Payment $28,000
- 12 Year Loan at 5.5% $111,469.70
How has Exotic Car Hacks helped you when it comes to car research and buying?
Paul: I joined ECH, watched all the videos, browsed through the rest of the site, read articles I felt important, and literally a week later I bought my first exotic.
ECH provided so much in such an organized manner and it was easy to understand.
ECH showed me how to find the perfect purchase, what to look for, how to watch and learn from the market, how to negotiate with the dealer, a method to literally drive an exotic for much less than I ever thought possible.
Best advice for someone looking to buy their first exotic?
Paul: Watch all the videos first! You absolutely need to be armed with all of the info Exotic Car Hacks provides before jumping into such a large purchase, or you’re going to end up throwing money in the trash can.
How is your life different now with exotic car ownership?
Paul: Running errands is a lot more fun! I get a big smile on my face every time I walk into my garage. I was, however, not very prepared for everyone (family, friends, etc…) who suddenly seem to feel or act as if I’m extremely wealthy because I have an exotic.
What is next for you?
Paul: Lamborghini Huracan
We here at Exotic Car Hacks would like to thank Paul for sharing his story with us.
If you would like to learn the exact strategies Paul used to buy one of the rarest exotic cars, I am hosting a FREE webinar that will teach you step-by-step how you can too.
Seats are limited, but you can register here for our next training class: www.exoticcarhacks.com/freetraining