An in-depth example of how you can use car hacking to own a Nissan GT-R for $66 per month
First off, I want you to pat yourself on the back.
If you actually took the time to read the last 5 pages, congrats.
You now know more about the exotic car industry than 99% of the population.
You sure as hell know more about exotics than all those wannabe "7-figure" gurus on Instagram.
The stuff you just learned is truly "underground" knowledge.
It's why you still see everyone talking about how any exotic is a waste of money and how you should just lease an exotic if you were to buy one.
It's why you see people hating on the wealthy when they're just miserable with their own life.
It's why you see parents and teachers telling kids to "be realistic" about their dreams of owning a Ferrari.
But now you know the truth.
Even if you don't plan on hacking an exotic or luxury car using my system, I hope you at least leave here with a changed perspective of how things work.
To make sure everything makes 100% sense, let me break things down step-by-step with a real life example.
The example below shows you an actual Nissan GT-R for sale and how you can own one for just $66 per month using my car hacking principles.
Nissan GT-R: How To Own One For Just $66/Month
Step #1 - Research The Car You Want
For this example, I'm going to choose a 2013 Nissan GT-R.
I don't bother with any newer model because all newer models are essentially the same and don't warrant the increased price tag.
Now I'm going to hop onto Cargurus.com to see its pricing history.
As you can see, the Nissan GT-R is also holding strong with only a 30% drop from the original MSRP of $105,000.
Look even closer and we can actually see that it's been pretty stable over the last several years hovering around $70,000.
This is a great sign!
Alright so we are 100% settled on the 2013 Nissan GT-R.
Step #2) Figure Out Bottom Cash Value
The next step is to figure out it's bottom cash value
We need to know this number BEFORE we start the negotiation process so that we don't waste the dealer's time or ours.
I submit a trade-in form on CatsExotics.com.
They get back to me with a bottom cash value of $54,000 on a 2013 Nissan Gt-R.
Now we know the BCV.
Step #3) Hunt For Potential Buys
Doing a little research online and filtering through the junk, I came across this listing:
Let's look at the details:
It's a 2013.
The miles are very low (19,638 miles).
It's at an Audi dealer which is to our advantage.
We can also take a look at the Carfax (which is available for free on the site):
The good news is that the car is accident free (not pictured).
But there's a problem...
The Carfax doesn't state when the car was first listed for sale with this dealer.
Which is actually a normal thing.
Good news is it's not hard to find out yourself.
On February 24, the lien was released from the previous owner.
The following day on February 25th, we can see that the Audi dealer serviced the vehicle.
Based on this information, we can assume that this Audi dealer has held onto this 2013 Nissan GT-R since February 25th and at least 90 days!
This satisfies our 90 Day Rule Requirement.
Remember, no dealer wants to hold onto a car for more than 90 days otherwise they start losing money.
This car looks like the perfect candidate to hack.
Step #4 - Make An Offer To The Dealer
Right now this dealer is asking $67,487.
We know that the bottom cash value is around $54,000.
That's a difference of $13,487.
Calling them up and saying offering $54,000 obviously isn't going to make the sales rep too happy.
So here's what you do.
Call the dealership and ask to speak to the sales manager.
Say the following:
"I'm interested in your 2013 Nissan GT-R you have listed for sale. I've been watching this car and noticed you've had it for several months and dropped the price several times. I'm ready to help you move this car if we can close a deal at $54,000 today."
The dealer will likely reject your offer, but it's not over yet.
With car hacking you don't always have to buy exactly at bottom cash value.
It's a starting point for negotiation, but you can still win even if purchased a little higher.
There's a VERY good chance this dealer will accept $59,000 since they're been sitting on it for so long as they're losing money.
So let's hypothetically assume we close the deal at $59,000.
What happens now?
Step #5 - Buy the car
Okay a little obvious.
But now we have to pay for the car.
But not in the traditional way 99% of people buy cars.
We gotta get a little crafty here.
We can finance the Nissan GT-R over 84 months using a credit union.
Rates are as low as 3%.
And since we plan on only keeping the GTR for 6-12 months, the 84 month financing plan lowers our monthly payments even further.
By financing the Nissan GT-R at $59,000 at 3% for 84 months, we can expect a monthly payment of $780.
Didn't I tell you that you could own this Nissan GT-R for $66 per month?
Yeah don't worry.
I'm getting to that.
Step #6 - Calculating True Cost Of Ownership
One of the biggest problems consumers do is look at monthly payment only.
It's a very surface level way of thinking that's 100% wrong if you really want to know how much money you're spending.
What you should be doing is looking at your total cost of ownership from your entry to your exit.
Here's what I mean...
Although we didn't buy this Nissan GT-R exactly at bottom cash value, we still were able to buy it at $59,000 (below market value).
After 12 months, we can then sell this car for $60,000 because we've already factored in future depreciation with our purchase price of $59,000.
We sell the car for more than we paid so we satisfy our $59,000 loan and gain +$1,000.
But because we paid interest for 12 months, we incurred $1,794 in interest payments
The spreadsheet below shows the interest payments from May 2020 - May 2021.
This leaves us with $794 total out of pocket expense. ($1,000 gain - $1,794 interest).
So our true monthly cost of ownership is only $66 per month ($794 divided by 12 months is $66).
I've purposely excluded sales tax because some states charge 0% while others charge 10%.
But for the sake of this example, let's assume you live in a state with 5% sales tax.
That would be an extra $2,950 in expenses paid up front.
If we combine that with our $794 and we have a true total cost of ownership of $3,744.
Divide that over the 12 months of ownership and it would still only cost you $312 per month to own this Nissan GT-R that had a MSRP of $105,000!
Not bad if I don't say so myself.
Hopefully this example shows you how realistic exotic car ownership can be for many people.
Here's a real life success story of one of my students who hacked a GT-R as well and only paid $100 per month.
$100 per month for a GT-R.
Let that sink in for a second.
Leasing a new Audi A4 wouldn't even be in the same ballpark.
You'd have to pay more than triple to lease a Audi A4.
Also don't forget the fact that you're locked into your lease and can't sell it to recoup your losses.
You Now Have 2 Choices...
When you understand how the game is played and hack your way into your first exotic, you'll find out just how freaking fun this game is.
Now that you see first-hand the power of car hacking, and how to hack your own cars, you have two options:
OPTION #1 - You can do this yourself through trial and error - try to hack your own exotic car, but risk losing money on a bad deal, buying the wrong car, or getting scammed by a bad dealer.
OPTION #2 - Get it right the first time by learning the proven step-by-step blueprint and strategy from someone who has owned more than 150 exotics, but also taught over 8500 people how to buy their first exotic without being rich.
If you pick #1, then feel free to close this page or refer back to previous pages to start hacking cars on your own.
But if you pick #2, then I invite you to read the next page and I'll show you how to dramatically shortcut your journey and buy your first exotic car in the next 90 days or less.
Copyright © 2020 Exotic Car Hacks. Legal Disclaimer
DISCLAIMER: The results stated above are my personal results. Please understand my results are not typical, I’m not implying you’ll duplicate them (or do anything for that matter). I have the benefit of practicing car buying for over 10 years, and have an established following as a result. The average person who buys any "how to" information gets little to no results. I’m using these references for example purposes only. Your results will vary and depend on many factors …including but not limited to your background, experience, and work ethic. All business entails risk as well as massive and consistent effort and action. If you're not willing to accept that, please do not continue.