When Lamborghini announced their first SUV, the Urus, they also announced they were doubling their production capacity to around 7 thousand vehicles per year. Up until that point, there were less than 4 thousand new Lamborghinis each year, and only a few thousand ever made.
That makes owning a Lamborghini extremely rare, prestigious and a very common life goal.
If buying a Lamborghini is one of your dreams then you’re probably also thinking about how to buy one. In this article, you’ll discover why it might not take as long as you think and the strategies that can help you buy a Lamborghini without needing to wait for years.
Consider an Older Model
There are some easy strategies to consider when figuring out how to buy a Lamborghini but this is probably the easiest.
Almost all cars are subject to depreciation over time so if you look at a model that is a few years old, you could save yourself more than 50 percent on the purchase price.
For example, a brand new Lamborghini supercar may cost you over US$200,000 whereas a model that is over 10 years old might be on the market for less than $90,000.
Mileage and the condition of the car will of course also play a part. After a few years, Lamborghinis usually stop depreciating based on age. Their value is based purely on their mileage and condition.
Get a Loan
The most obvious way to get a Lamborghini is to get a bank loan to finance it.
Any borrowing of course comes with risk so you need to be sure you’re in a position to keep up your loan payments. If you default on the loan you could lose your money as well as your vehicle.
Especially if you’re buying your Lamborghini with a view to selling it in the future, a long-term finance deal might be the best approach to take.
If you can arrange finance over 72 or 84 months that doesn’t require a large deposit, you will be able to make your finance payments more quickly than the Lamborghini’s future depreciation.
This means that when you sell it, you’ll be selling it for more than the outstanding value of the finance left to pay back.
While you do still own the vehicle for a time, it gives you the same kind of freedom as hiring it would and also leaves you better off financially.
If you have a good credit score and financial stability, you’ll have more room to negotiate the terms of the loan. You’ll also be able to get lower interest rates.
If your credit score is poor, however, you might find the interest rates on offer will be too high for you to go ahead with buying a Lamborghini this way.
Get the Most Out of Buying a Lamborghini
Whichever strategy you use when buying a Lamborghini, remember that the car will carry a huge amount of prestige and value.
You will want to make sure you’re keeping it clean, secure, protected from nature, and that it is well-maintained. These will be additional ongoing costs but they’ll be worth it to protect your vehicle.