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How to sell your exotic car for top dollar every time 

Exotic Car Hacks
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So you just picked up your fancy new exotic car. Congrats. But the question remains when do you sell the car? Do you try to flip right away for profit? Do you love the car so much that selling is off the table? In this video, I give my 2 cents on the best time to exit your car.

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17 июн 2021

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Комментарии : 20   
@ExoticCarHacks
@ExoticCarHacks 3 года назад
Just a heads up... I'm running a huge 80% off sale for Exotic Car Hacks dropping the price from $997 to $197 on July 1st. It's limited to only 500 new members. The only way to get access is if you signup for the waitlist here: www.exoticcarhacks.com/waitlist/
@shawnshavali9291
@shawnshavali9291 3 года назад
Great tips! Much appreciated PJ!!
@ceochrisholder
@ceochrisholder 3 года назад
For sure this is all true. Brought my lambo gallardo for a great price even though I wasn't in your program I followed your steps from your videos and now listed it for 40% over what I paid but because I brought it correct I don't have to take bs offers as I plan to move into something else with the profit. Thanks for your videos will for sure get the limited time offer. Is it still available 🤔?
@ExoticCarHacks
@ExoticCarHacks 3 года назад
It is, will launch July 1 for 4 days :) Congrats on your G!
@financemark
@financemark 3 года назад
I'd probably add that you need to consider the financing structure (if any). For some structures, it is unwise to exit too early. I don't know if it exists int he US, but in Australia, there are chattel mortgages on cars. These have lower interest rates than normal borrowings. But, the interest payments are front-loaded (instead of being paid throughout the life of the loan). It works out the same as having a low interest normal loan if you hold to maturity. But, it is terrible if you exit early. In theory, if you sell the day after you buy, you will be hit with a massive interest payment on exit.
@ExoticCarHacks
@ExoticCarHacks 3 года назад
Definitely have to watch your amortization schedule. We show in US how to find loans that are not front-loaded like that
@abi6681
@abi6681 3 года назад
Last sell was my first and likely the last trade in with dealer but I managed a hack on that exit and enable d me to buy the next hack vehicle at the right dollar
@Atem_S.
@Atem_S. 3 года назад
Or in a perfect world, you buy 2 of the same, one sleeps while you drive the other one and the one when the time is right, you sell it! Since the one sleeping will boost in value due to low mileage and availability of the model left on the market!
@laroyrichardson
@laroyrichardson 3 года назад
"FUCK IT, I'D BE OUT" 😂😂😂
@Stormy177
@Stormy177 3 года назад
Is your programme US- (or North America-) specific, or will it work in other markets too? Does it provide guidance on any additional research required to apply the programme to a different market? (Most of it is probably common sense, like be aware of any applicable taxes in your region, or limits to the number of cars you can sell in a year before you need to register as a car dealer for example, but it might be useful to know if there's anything specific.)
@ExoticCarHacks
@ExoticCarHacks 3 года назад
It works best in US, Canada, UK, and Australia
@AccountsAndGp
@AccountsAndGp 3 года назад
Just wondering, do you have a dealer license? Isn’t there a limit to how many cars you can buy and sell in most states?
@ExoticCarHacks
@ExoticCarHacks 3 года назад
I don't, but I do run my transactions through dealers for tax purposes. Some states have limits, I haven't had a problem before.
@porschefanatic1049
@porschefanatic1049 3 года назад
Do you have a dealers license? Isn’t there a limit to the number of cars you can sell per year, atleast in California where I live there is. When does it financially make sense to get a dealers license? Also, if you live in a state with high sales tax and smog, do you recommend registering in another state by establishing your LLC in that state?
@ExoticCarHacks
@ExoticCarHacks 3 года назад
I don't have a dealer license. If you were selling more than 10 cars per year IMO it would make sense but also depends on state limits and ease of getting a dealer license. Yes I would recommend registering in another state than Cali.
@skylerssupercarlife348
@skylerssupercarlife348 3 года назад
Is that a thumb nail from Bros fourr Speed?
@thatoneguy3807
@thatoneguy3807 3 года назад
no it's Louis Karsenbarg from the YT channel "Life on Unleaded" from his "living with a GTR" video
@jjborreca
@jjborreca 3 года назад
I'll be ordering the new Maserati MC-20.
@mikehurracan691
@mikehurracan691 3 года назад
That will depreciate before your could say mama😂
@ExoticCarHacks
@ExoticCarHacks 3 года назад
Me too
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