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HOW TO FINANCE A LAMBORGHINI OR FERRARI... 

Will Motivation
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My advice an experience financing my Lamborghini Aventador and my Ferrari F12. Some hints and tips and what to expect when financing your first exotic car or supercar.
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21 июн 2022

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Комментарии : 118   
@artisms7799
@artisms7799 2 года назад
Thanks for the motivation Bro! A year or so ago I started watching your channel and since I’ve got 6 real estate deals on the way or sold. Next year I want a super car. I appreciate you and your positive Vibe! Keep doing what you do.
@taradikoff123
@taradikoff123 Год назад
How exactly did you figure out the process for it? I’m 19 and want to look for extra income possibilities down the road
@_obiettivi4salute_47
@_obiettivi4salute_47 4 месяца назад
same@@taradikoff123
@extreme_exotic_whips3344
@extreme_exotic_whips3344 2 года назад
Thanks for always dropping the knowledge Mr. World motivation as always your videos are very helpful and useful thanks for sharing 😊🙏🏾
@boyTerry
@boyTerry 2 года назад
Bro Will !! My Man !! I told you that your channel was inspiring me to get my first supercar and guess what? I just bought a 2nd gen. Bentley GT W12. I am coming up in the world right behind you bro. Keep inspiring brothers like me all over the country and the world. My next target is the 720s or SV. Wish me luck! FYI - I bought my Bentley @ Sarchione Auto gallery in Ohio. If I had known you lived there, I could have stopped by one of the shows there.
@WillMotivation
@WillMotivation 2 года назад
That is awesome! Congrats brotha
@Ricocase
@Ricocase Год назад
Lambos and Bentleys are Volkswagens. How reliable so far?
@PaulWolfert
@PaulWolfert Год назад
😅 watched this RIGHT before heading to the Toy Barn in Ohio to get my car and was shocked to see the SV. The staff all said you're an amazing guy on and off camera. Love that!
@WillMotivation
@WillMotivation Год назад
Haha thanks! What did you buy? Should have sent me an invite!
@v97365
@v97365 2 года назад
If the dealership does the loan themselves, you might get a slightly higher interest rate of like .01% up to maybe .05%. regardless, whatever quote you get from a 3rd party financial insinuation. The dealership will most likely have a higher interest rate. Those hundreds of a percentages matter I.e. (.01%) especially if your financing more, like a house or a car price 100,000+. Thats where they make the money. Because the dealership is charging you a slightly higher rate, then what they borrowed the money at, and are paying back your loan to their bank. Obviously since Lambo financial for example wants to write the loan and it might be faster and more efficient, they are borrowing money from a financial institution but have more options behind the scene because they are likely not to default if you don't pay. Yes you might get a higher rate from them, but they make a little more money on that rate and payments might be a tiny bit more but they need to pay back that loan too. Because that interest rate they borrowed the money to give to you for your rate interest rate- it is lower than what they charged you. The spread is their bread and butter. He is right, some banks won't take on the rest, however, those same banks that won't take on the risk from you directly, they will write the loan at a lower rate to the dealership and they will mark it up slightly and write you the loan.
@gsdgroup1428
@gsdgroup1428 2 года назад
as always great content!! a person can never hate on a man thats transparent !!! as the old saying goes "he who has nothing to hide, hides nothing"
@hendog323
@hendog323 Год назад
This is really helpful information. I have been gradually stepping up and was wondering exactly how I can get into something like an SV. So far went from G37 coupe to C7 Stingray to C7Z06, to Audi R8. Hoping in the next few years I can get into something more exotic.
@FastLaneD
@FastLaneD 2 года назад
Good info Will! Once I get my first lambo I’m making a road trip back up to Columbus 🤘🏾💯
@damoncolbert6697
@damoncolbert6697 2 года назад
I appreciate you puttin' me on with the extra info regarding financing super whips. I really like the idea of making money by owning a super whip, and being paid to drive one. The mark of a true playa, baller and hustla is to always be on that grind and always on that paper chase. I really like how you're always looking for, and finding, ways to stack mo' paper, playa.
@kmetmosnja6341
@kmetmosnja6341 Год назад
Thanks for being honest with how to.. with your personal history behind.
@ZMCarsandMore
@ZMCarsandMore 2 года назад
Keep up the content Will. Shout out from the DFW.
@justwin_247
@justwin_247 2 года назад
Working for banks as long as I did I always looked at these big purchases as negative.. But Will has it right.. buy the right ones with the right financing and don't destroy it, you can make money in exotics. Also better to not tie all your money up paying cash (invest it). If you can do both, though, congrats!
@user-jr6bl6bf9d
@user-jr6bl6bf9d Год назад
That cold start was so good
@Armurp01
@Armurp01 Год назад
Man you've been the most consistent when preaching your message....salute.
@WillMotivation
@WillMotivation Год назад
Thx
@englishwords24
@englishwords24 Год назад
amazing mindset you have will❤️
@emkhet7924
@emkhet7924 Год назад
Great informative video Will! Appreciate you educatiing us on how the process of financing a Lamborghini or any supercar at that, works. Definitely gonna refer to this video before I purchase my Lamborghini Huracan.
@cayman2lambo2025
@cayman2lambo2025 2 года назад
Hopefully I can get my Huracan EVO next year. Just had my 2022 GT4 delivered last week. I believe I’m on the right track. Thanks for the knowledge.
@WillMotivation
@WillMotivation 2 года назад
I hope so too!
@PassportBrosBusinessClass
@PassportBrosBusinessClass Год назад
I have a solid 850 across the 3 bureau’s and I have maintained it for 3 years. The only thing I’m willing to let it dip for is a new piece of property. To buy a supercar, I’d rather use my business credit- but since I wouldn’t buy one of these - a $130,000 car being the most, I needn’t worry about those score dips.
@DJBberry
@DJBberry Год назад
Love the videos. Thank you for the content. My only question on climbing that ladder of car buying. How long did you keep the cars you used to trade in?
@WillMotivation
@WillMotivation Год назад
Great question. Normally I would keep the cars around one to one and a half years before trading them in but sometimes I would trade them in much sooner like after just a few months but usually not longer than two years
@donnybrooks13
@donnybrooks13 10 месяцев назад
Thanks for the info, awesome car. Do you trade your cars at the dealer for the upgrades or sell privately first?
@mannixkinsey6038
@mannixkinsey6038 2 года назад
Thank you share your experience and knowledge.
@WillMotivation
@WillMotivation 2 года назад
My pleasure. Thank you for watching
@QueTheChaotic
@QueTheChaotic 2 года назад
As soon as you mentioned credit score, Credit Karma sent me a notification lol. Thanks for sharing the knowledge. You helped me get financing on a house with a lender you mentioned before.
@WillMotivation
@WillMotivation 2 года назад
Excellent!
@Jrb270
@Jrb270 2 года назад
Good to see👍🏽
@luisfabriciogarbato9656
@luisfabriciogarbato9656 Год назад
Good video Will! Always love your content, I have my own process to finance 150k+/200k+/ 300k+ cars. 1) I maintain my credit score always above 740p at least, it's 811 right now, 2) I have a good relationship with my bank and do everything wity them in regards to borrowing money (except of credit cards) and 3) pay my debts before due dates and 4) keep my credit cards always below 10% usage. ///// all my loans are approved in matter of hours.
@CLivetv
@CLivetv 2 года назад
Dope video bruh 🥂. #Motivated
@WillMotivation
@WillMotivation 2 года назад
Appreciate it!!
@larennhunt6860
@larennhunt6860 Год назад
Nice video man !
@adamk9830
@adamk9830 Год назад
Have great credit and still bought my '22 R8 outright. Sold two Corvettes. A C7 Z06 3LZ/Z07 and a base C5 as prices were going up. Invested it in the market. Gained a bit there. Took the money out earlier this year (Feb/Mar) as things were heading south. Paid MSRP for the R8 in Apr. Had I not taken the money out of the brokerage account and let it ride, it would have gone down nearly 20%. Instead, I bought the R8 with it that still has a resale value over MSRP. BTW - I live near you in the Galena area.
@WillMotivation
@WillMotivation Год назад
Let’s go cruising 👍🏽
@jeraldmcwilson2189
@jeraldmcwilson2189 3 месяца назад
Thank. You .
@mrmeadowsiscool
@mrmeadowsiscool Год назад
honestly I've been watching these videos today, I've been making a monthly budget plan for my dream car, home etc. Trying to envision this in my mind and work it into truth. Its hard at the bottom but so much room to go up
@WillMotivation
@WillMotivation Год назад
You can do it! Have a plan and work your plan. I'll do a video for you.
@mrmeadowsiscool
@mrmeadowsiscool Год назад
@@WillMotivation Thank you!
@MidnightG37
@MidnightG37 2 года назад
Informative! Lol v12 setting car alarms off ! Crowds chasing ! 🔥
@WillMotivation
@WillMotivation 2 года назад
Right!!
@matcballstar
@matcballstar 2 года назад
Ferrari financial services does charge a higher rate than most banks but they also have sole creative balloon loan payment options that work for some.
@yannicali
@yannicali 2 года назад
"When you work hard ,you play hard..." I like that saying. =)
@starbrightpools
@starbrightpools 2 года назад
lamo, damn that's loud. Love it!!!!
@nino2u
@nino2u 2 года назад
Damn got the Mayweather endorsement!! I’m from Columbus but living in Florida now, but I see ya bruh! 🙌🏾🔥
@derekstephens8340
@derekstephens8340 2 года назад
Another Banger WM! Keep the hits on Brother. BTW… your boy Richard Fain coped a new Whip. BMW M5! Still rolling in mine looking for a drop top 911 4S manual for my weekend vehicle. Free Agent From Washington DC.
@PassportBrosBusinessClass
@PassportBrosBusinessClass Год назад
Car dealerships get commission and bonus of of the volume they bring to their lender.
@retroliftsprs
@retroliftsprs 2 года назад
Saw this car at a meet it's an absolute monster.
@WillMotivation
@WillMotivation 2 года назад
Thanks bro
@retroliftsprs
@retroliftsprs 2 года назад
@@WillMotivation Of course just gave you a shout out in my recent video as well. Not that it will help much but hopefully one or two people come over to your channel. Was flexing the shirt on people lol.
@sjtanman
@sjtanman 2 года назад
You can finance over 120 months and lower your payments too. You will pay a higher interest rate but it's worth it because you won't keep the car 10 years anyways.
@dennissmith7214
@dennissmith7214 Год назад
That thumbnail pic though is raw! 🙌🏽………….credit score of 775! 👈🏽😁
@isaiahakaic6386
@isaiahakaic6386 2 года назад
Will if you ever need help driving those beautiful cars hit me up lol lol. Love the knowledge you drop on your video.
@ryanlayman2560
@ryanlayman2560 15 дней назад
Im a new subscriber! Also in Ohio. from the CLE/Akron area. I'm looking to get my 1st super car.
@WillMotivation
@WillMotivation 14 дней назад
Welcome and congrats my friend!
@Sunburn2007
@Sunburn2007 9 месяцев назад
What about debt to income ratio on these things? I make over 100k a year, and drive brand new Mercedes AMG products, upping my car more and more every 2 years or so. No missed payments ever. Credit mid 700s
@bigmeasy55
@bigmeasy55 3 месяца назад
Good looking on us bank I didn’t know that.
@lav773
@lav773 2 года назад
Best spec SV I've seen 👏
@WillMotivation
@WillMotivation 2 года назад
thanks
@OzArt559
@OzArt559 Год назад
Will what kind of Real estate did you do, wholesale, flipping properties, or rental properties?
@WillMotivation
@WillMotivation Год назад
Flips and rentals my bro
@jeraldmcwilson2189
@jeraldmcwilson2189 3 месяца назад
Nice
@AB_THE_CEO
@AB_THE_CEO 2 года назад
good video King
@WillMotivation
@WillMotivation 2 года назад
Thank you brother
@elkinslawncare
@elkinslawncare Год назад
Anyways to help me cheat around a 2022 Dodge Challenger bumble bee. I have $3k to put down but it’s a $59k car I have a $30k loan. Current at $27k. What do I need to do to swing things around.
@TKGxCOD
@TKGxCOD Год назад
Did you pay off each car in full as you were progressing, From 6:00 onwards
@WillMotivation
@WillMotivation Год назад
Nah. Not until recently
@leathmarquise
@leathmarquise 2 года назад
How you pay a month and for Insurance
@ice_tray9758
@ice_tray9758 2 года назад
Woah I didn’t know u had a c7 story time on all ur old cars ?
@WillMotivation
@WillMotivation 2 года назад
Ok will do
@mooz2x
@mooz2x 2 года назад
🔥🔥
@LoKiFee
@LoKiFee 2 года назад
Did they refer your exotic loan as a mortgage? On my viper that's what they kept calling it
@WillMotivation
@WillMotivation 2 года назад
haha wow nah man. i think maybe they were being funny
@trinisuprazee
@trinisuprazee Год назад
Debt to income ratio less than 40% will be a good play
@moestaxx286
@moestaxx286 2 года назад
pretty dope bro. didn’t know you was a software engineer by trade! i am actually working to become a backend engineer without school and it’s quite the process but i know it’s possible with hard work. as for investing in real estate. i am not really into that but i love the stock market and i love trading. that’s my 2 things that will help me get to your level bro. right now i’m enjoying the process of the grind ✊🏽
@JayFreshman1
@JayFreshman1 2 года назад
I know you love the car but you and I both know it's a seller's market right now will! Take advantage and pocket some cash for another ride down the road for the channel- people love diversity in vehicles for car channels. If you can not only make some cash selling high valued rides but BUY another one.. you'll be set and have the real model down to a T.
@audes.4433
@audes.4433 5 месяцев назад
Here's another hack, Will didn't mention when listing his how to finance supercars., and I feel this is one of the top two most important thing when looking to finance a supercar or any vehicles in general and that is, Build a good friendship/trusting relationship with your dealership/salesperson (in this order). Trust me... when you have a strong bond with your dealership/salesperson it helps you achieve your dream car much easier/faster (Financing or Not). E.g. I've purchased $100k plus vehicles and every purchase my dealership waive their Doc Fee along with other fees I won't list cause I wish not to cause any issues with my dealership and or salesperson. Let's put it this way... every vehicle I own/purchased (Range Rover, Mercedes, Jaguar, Mclaren) I haven't paid MSRP, but then again I've finance or had to finance route for any of my vehicles. I understand a large percent are in my financial position, but my point is... a strong bond relationship with your dealership is "financially beneficial."
@mickpov4708
@mickpov4708 2 года назад
I need to step up my game an go get myself a super car..
@WillMotivation
@WillMotivation 2 года назад
Sometimes that's the move :)
@AJUSA1
@AJUSA1 Год назад
SV is by FAR the best aventador!
@KiNG-tx9je
@KiNG-tx9je Год назад
So do these cars get purchased under an LLC Will? Or is it ur name and the llc pays you? I know u pay urself, but. Curious. Im in a lawsuit that I'm winning and I plan on growing this wealth and not blowing, but I cant lie. I LOVE nice shit. I've always wanted a lambo or ferrari but I really want to do this right. I plan on buying 15 or so homes outright, and getting renters in and going from there. I'm in the F82 M4 phase now. We gon see what's next
@WillMotivation
@WillMotivation Год назад
I do both just depends on what it really is. A car for work or car for personal
@shuvohussein4076
@shuvohussein4076 11 месяцев назад
Bro where do you live
@jacobklein2778
@jacobklein2778 9 месяцев назад
I got super lucky. went from a merc c63s $1200 a month payment to a lambo $5k a month payment and they didn't even check financials. 830 credit score though.
@krazyjnva2up2down55
@krazyjnva2up2down55 2 месяца назад
5k a month 😂
@jacobklein2778
@jacobklein2778 2 месяца назад
​@krazyjnva2up2down55 that and a McLaren 600lt, and my wife's merc E53, and 3 other work trucks, house payment, business shop payment, on and on and on. Easily 50k a month going out. But there's 80k a month coming in. For you, you're probably working at Wendy's making $20 an hour. Your "EXTRA" car budget is like $100 a month. I understand why you find it funny. That's what all broke people think. 😂😂😂😂😂😂😂
@krazyjnva2up2down55
@krazyjnva2up2down55 2 месяца назад
@@jacobklein2778 Wendy's? No, I'm a merchant mariner that pulls a little over $200k per year. I find it funny because I saw anothdr RU-vidr that put $75k down for the same car and walked away with a $1500 a month payment which included the car insurance. There's no place on earth you can go that will impress me with my salary . But I know a few I can go that you can't and it's not a money issue it's a clearance issue 😂
@jeraldmcwilson2189
@jeraldmcwilson2189 3 месяца назад
Does. This car have a spare tire.
@WillMotivation
@WillMotivation 3 месяца назад
No sir
@Ricocase
@Ricocase Год назад
If you can't buy 2 of them cash, why buy 1?
@jeffdorris5321
@jeffdorris5321 2 года назад
😎💪
@ScottKelley
@ScottKelley 2 года назад
I tried looking up Hamza's Instagram but the one that comes up hasn't been updated since 2016!
@WillMotivation
@WillMotivation 2 года назад
Exoticsofohio
@ScottKelley
@ScottKelley 2 года назад
@@WillMotivation I think it's been changed or taken off Instagram! It's showing up in Google search results but when I click on it, it says "Sorry, this page isn't available."
@StreetCars101TV
@StreetCars101TV 2 года назад
Wow, I always wondered if car hacking works
@Jps-su4tk
@Jps-su4tk 11 месяцев назад
U own them under your name or an llc
@WillMotivation
@WillMotivation 11 месяцев назад
Both
@tifflawson67
@tifflawson67 2 года назад
Call me … If you need financing for your next toy or a Home Equity Line of Credit (HELOC). By the way Will, I’m trying to have matching cars with you. 😂
@datboyyoungtripp9477
@datboyyoungtripp9477 2 года назад
Why you keep changing the color?
@WillMotivation
@WillMotivation 2 года назад
Only changed it once
@datboyyoungtripp9477
@datboyyoungtripp9477 2 года назад
Feels like more mr Lambo lol 😂
@whitejodeci8926
@whitejodeci8926 Год назад
If you have a decent stock portfolio, you can also take out a margin loan at only 3%
@WillMotivation
@WillMotivation Год назад
Great point
@BrookT
@BrookT Год назад
The dealership gets paid by marking up the loan
@kevinupton900
@kevinupton900 Год назад
Most people finance them because most can’t afford them, not because it’s smarter
@WillMotivation
@WillMotivation Год назад
I would tend to disagree with that because that would mean the banks are stupid enough to lend to people who cannot afford the cars and in my experience the banks now err on the side of caution
@christopherpettway
@christopherpettway 2 года назад
Your SV is sitting on the ants 🐜
@dzikijohnny
@dzikijohnny 2 года назад
FYI...that deer will so mess up a car...I've hit 2...and venison is very tasty.
@WillMotivation
@WillMotivation 2 года назад
Sorry to hear that, hope you're alright.
@dzikijohnny
@dzikijohnny 2 года назад
@@WillMotivation It was over a space of twenty years. I’m in Minneapolis. When I drive to Madison I can see 30 dead deer on the road.
@loadthebowl
@loadthebowl Год назад
how to finance a lambo... step one be rich
@DerivCapital
@DerivCapital 9 месяцев назад
that thing sounds terrible
@tayloremriectx
@tayloremriectx Год назад
“You guys wanna look at the car when I’m talking, not at me” bro…. SUB SCRIBED!!!!
@bountykilah2000
@bountykilah2000 2 года назад
The Dealership makes money from you via the “Buy in Rate” A buy rate is the interest rate that a potential lender quotes to your dealer when you apply for dealer-arranged financing. Your dealer may offer you an interest rate that is higher than the buy rate. The rate the dealer offers you is called the “contract rate.” Sometimes the lender pays the dealer a fee for arranging the financing that is based on the difference between these two rates. Dealers may have discretion to charge you more than the buy rate, so you may be able to negotiate that interest rate. Ask the dealer if you qualify for a loan with better terms. In general, dealers and lenders are not required to offer the best rates available. You can save money over the life of the loan by getting quotes from multiple lenders, comparing offers, and negotiating for the best interest rate available to you. This could save you hundreds or thousands of dollars over the life of the loan. TIP: The dealer may offer you a higher interest rate than you can get directly from a bank, credit union, or other lender. Shop around to find out who offers the best interest rate and use that information to negotiate the best rate for you. LEARNED about this from a friend of mine that had a dealership.
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