Truth About Lamos | Bridger Pennington

Here's the truth about buying a Lamborghini or supercar. Now we all know cars are notorious for depreciation. You buy a car for like $80,000, it typically will depreciate and be worth less in the future. Now that is true for luxury brands, but for supercars and high-end brands, it's actually not the case. Now yes, supercars will start at like $300,000. They'll typically fall in price the first couple years, but then they typically flatline and sometimes will go up in value. The Lamborghini Diablo is a great example. They were Pretty expensive. They dropped in price for a few years, but now they're worth a lot of money. So if you can buy supercars in that dip period, you can actually turn around and make money on your cars. My business partner Dan Young says he's made over $1 million buying and selling supercars doing this fashion. Now, on the flip side, this can turn into a nightmare if you become overleveraged when you're buying cars or you buy them at the peak before they drop off. So be careful when you approach these cars, but if you do it the right way, you can actually break even or make lots of money buying and selling supercars.