PRICE AND PAYMENTS ON MY LAMBORGHINI HURACAN... LEASE OR BUY?

In this video I share all of the details on how and why I finance my 2015 Lamborghini Huracan the way I do along with the price and payments.
Follow me on Instagram, Tiktok, and Facebook at OCMotivator
Check out my other channel here / @moreocmotivator

[@trenthamlin5589]

I just got out of debt; I’m saving $1600 a month. I’m about to get a $700 a month raise and I will get another next year. I can not justify the 7-9% interest rates now it’s ridcolus!

[@livinglife3230]

In ‘22 I got a 3.44 on my 🐈. Last wk I got a 6.69 on my c8, both with my credit union. Rates have went up!

[@snipersteve378]

Yup rates are terrible I can wait FJB!

[@SIDVENOM]

@@livinglife3230What is the name of the credit union you used.

[@frankie072]

Rates are Terrible ,that is why I paid cash for my 2024 2SS 1LE ,I didn't want to do that either but thats what I chose to do ,This country is a disaster

[@bob-qi4nr]

@@frankie072 Same for me, paid cash 2023 2ss 1LE black manual. FJB

[@barcabrothers9098]

OC motivator God bless you brother, I hope you get even richer, this is America 🇺🇸 the land of prosperity for the ones that look towards success.

[@butskiiueepp1625]

Been watching you since you first got your very first hellcat! I was a dirt broke lost 19 year old but fast forward today I’m buying a $1.5M home in Orange County! Hope to be in the position you are to have a fleet of crazy whips !! Keep inspiring man! You inspired me and motivated me to be where I am today!

[@robm1526]

Appreciate you taking the time. Finances is complicated, but you can look at it in many different ways. The non-reporting is the only plus. Ferrari financial is the same - still a simple interest loan, though. Leasing has a few advantages, but I decided to pay half cash and finance the difference, no matter the car. I would rather own or keep all the equity. I also want to pay it off and have the asset. Biblically, we are not supposed to have the debt. I think about that a lot when I take on debt, but I know I may not keep it forever and I try to buy what may appreciate. So far so good. Everyone keep doing you. Do what you think is best and don’t take risk that jeopardize your family, health or future earnings potential. Thanks again for sharing. I am going to keep paying half cash and fiancé the balance 🤩

[@mikesowell7969]

Great information Brad! I love your Lamborghini content as well as your Mopar content. OC Motivator is one of my favorite KZbin channels.

[@brianadams6204]

So if you pay $1698 for 59mo thats $100,182 then you have to pay 90k at the end plus you put 80k down right?

[@LWRC]

It's not only taxes but all costs, including interest, and all fees you pay over the time of ownership, that needs to be factored in. And then when the lease is up, you have to pay it off or sell it! This constant changing cars every five years is more expensive than if you just paid for it up front by buying it and paying the sales tax! Technology changes but performance do not change that significantly in 5 years and only marginally in 10 years! So if this is the only way you can afford an exotic, then go for it but it certainly is not the cheapest way.

[@Tha_road_runna]

“Must be nice to have an expensive car” yes it actually is 😂 tell the haters that. Your channel inspired me to start mines 💯

[@stevenbeshara3164]

Keep doing good things bro and keep god 1st

[@1stMarine]

Great video Brad, you're such a kind gentleman, always down to earth and helpful.

[@microbritt]

Love the Lambo sitting next to the Demon is fire 🔥🔥🔥😍😍😍 great content as always! Thank you for always taking time to give us great advice and wisdom isn't always free but you give it to us anyway 🙏💯💯💯

[@ryandono5721]

Great video. I remember your early videos on how you made it in life. I still have my commerical for myself in my notes. I now make over 100k on the way to 200 because of you man!

[@tarosrt]

Congrats! Amazing Car!

[@Architek79]

Great breakdown OC - the whole point of the video was education and transparency, which it accomplished. Anyone hating on this video is probably jealous they don’t have the discipline or resources to save 90K. Or strategic partnerships to structure deals like this. I plan to make a transaction like this in about 4-6 years.

[@TKsGarage]

Love these type of videos. Compared to other cars this ain't bad.

[@jeffgoward8840]

Beautiful Car, you are very transparent and have great content. Maybe a future post could cover cost of ownership this one v your old Lamborghini! Thanks

[@Imknowbody]

I personally think you should have outright purchased the car. Then leased it back to your company. The payment and interest would be the same as what you just signed. The difference is that your the bank. The tax breaks and the monthly payments would have been a better deal in my opinion. I do this on much cheaper vehicles, I can only assume that my method will also work on Lamborghini vehicles. Having said this, there is always more than one way to accomplish something. That's a wonderful car, enjoy..

[@renegutierrez6596]

Thanks, this Viedo was beneficial. I am currently looking to get an exotic vehicle my self. 😎👍

[@Thepastor272]

Another good video this is the reason I watch u always giving game and motivation

[@Caesar__99]

I love the "oh they're just leasing" but the rebuttal of "well you still have to have the money to pay the lease"

[@ocmotivator]

@@Caesar__99 lol. So true. And most exotic leases are “open ended” and done for strategic tax reasons and open ended leases never go back to the dealer/bank so they’re essentially restructured purchases. But it is funny when they say that as though leasing means the car is free or something. Loll

[@Caesar__99]

@@ocmotivator Right exactly. Keep going man I enjoy your videos!

[@pruitt3507]

I dont see it as bragging about it, its nice to share it with people, just wants me to work harder to work towards something like what you have.

[@ShowMustG]

So looking at those figures, if you pay off the $90k at the end of the 60 months, you will have paid $85000 + $86,820=(60x$1447) + $90,000 which is a total of $261,820 , is that right?

[@michaelyoshino9124]

Just came across your channel and the video. What an eye opener into potentially owning an exotic vehicle. Here I’m thinking they’re way out of reach and only for the rich and famous, thank you for opening up my eyes and information to help me find my dream car !

[@jgmullins1]

I always assumed that exotic cars depreciated like crazy. Like a big Benz or BMW. Learn something new everyday. Good info.

[@chadworth66]

Always depends on the car. A lot have been going up because engine only exotics aren't being made anymore.

[@ssing7113]

Buy a 12-18 year old exotic. They are locked into place with inflation adjusting…. They are where they are Can pick them up with flash crash if patient. But yeah the 360 and gallardo are where it ends. Bearing we don’t have a depression. Then knock 25-30% off as people need canned beans that week

[@jimmyyassin191]

Sir, your video is very inspiring. There’s haters out there. Don’t listen to them. Keep doing what you’re doing. Thank you. I’m bout to purchase my first perforant.

[@strongjaymusicgroup]

Good

[@ocasio3024]

I own a 2018 Performante. These are amazing cars. I love my Lambo. Enjoy your toy brother.

[@ralphlazio505]

Open ended lease…. Cool. Thanks for the tip brotha 👍🏼

[@jasonmonterroso6640]

Brad love the videos man, stand up guy! Keep the lambo videos going !!

[@tommyindc]

Dude, what an awesome video! Exactly what's needed in this space.

[@jaceblack7842]

Stunning car - congratulations! And I thank you for sharing the open lease information as very informative

[@ramcharger1978]

That is a beautiful Lamborghini. I always like them going up. I love the dash with the gauges and how the design looks.

[@OSMBadGuy]

I appreciate the game homie. I will definitely add this to my tool belt.

[@herbertabrenica]

I dont care what everyone says but I admire you and you seem a very humble person. one day I will have a lamborghini too 🙏🏼

[@Ereyner426]

Even though I don't have that kind of money yet for a car, that was much better than sitting in a car dealership

[@olacole5315]

I like the walkie talkie lol 😂

[@Thepastor272]

Leaving that challenger out like that is scary someone stolen my scat last summer and never was found

[@livinglife3230]

That’s the reason my insurance on my 🐈 keeps going up, lol. What did U replace the Scat wit?

[@DonnieB_83]

This was a stellar explanation of PFS leasing product. I've watched Ed Bolian videos attempting to explain the details of PFS, but it left so many questions to be answered. Thank you for this video and I'll have to watch it a few time due to the amount of critical information that you share. I may have missed it, but who did you sell the Gallardo to? Did PFS make you the $79k offer with the existing issues?

[@ocmotivator]

I got $79k for my Gallardo. With the issues.

[@jasonknight5863]

@@ocmotivatorthat’s why I love your channel. You are ultra transparent. Unlike other channels like Hoovies Garage or Normal Guy Supercar and Doug Demuro. They never talk about personal issues and car prices and payments. That’s what I want to know when I buy a car like this. And it’s all hush hush with them. Keep up the stellar work ! the color is amazing! 🤩

[@MrStlvette]

Thanks OC for sharing the PFS secret! Your honesty is so refreshing!

[@mpre1965]

Great video! I appreciate you sharing - definitely a company to seriously consider for my purchase 👏🏾

[@KevinRaubRocks]

Thank you Brother. The haters are uninspirable. I cant wait for my supercar!

[@Danielspacex]

Nice to learn...

[@jamesxuereb9146]

Good informative Video. Food for thought on a Lamborghini. 🇨🇦

[@saleen367]

Incredible video and explanation. Would be interesting to hear the layman's view (because you couldn't give financial advice) as to how the lease helps the business side of the equation. So many Americans are missing out on the tax advantages of starting their own business, regardless of if its profitable or not.

[@wartortle-ss2ic]

More vlogs like this

[@goprogary2879]

I would imagine the miles restriction is 5k or less a year; This lease seems the way to go for an exoctic car, seems like you have more options.

[@jasonmcenroy1961]

Must be nice to show off how rich you are and how you’ve got all this stuff and I don’t have it… 😂 jk love the lambo, keep it up!!👍🏻

[@BS-vm1vr]

Keep the Lambo vids coming.

[@dmrobello9441]

Great knowledge. I've always loved the Lambos.

[@kcobean]

Ok, help me understand this…You could finance that same car through Woodside for 96 months at 10% with $80k down, on a Montana LLC for $1775/month. At the end of 5 years you’d only owe $55k. I don’t understand how your method is better and if I understand you correctly unless you keep the car the lease term AND buy it out for $90k at the end you have built no equity?

[@cjsnylons]

Maybe I missed the math and if so I apologize. But, with the purchase you also don't owe the $90k residual value. So leasing would cost more in interest and then you have to cover the nut of $90k or refinance the balance, correct? Not to be critical, but it seems a purchase is still better IF you keep the car 5 years. I really appreciate you sharing all of the details of the purchase!

[@ocmotivator]

You missed the math. I break it all down to the dollar. 👍

[@KhmerM6C8]

That's awesome! You do you, brother.

[@blowdollarz5670]

Is maintenance included? I was under the impression that not having to cover the bill for maintenance was one ofthe pros of leasing. Correct me if I’m wrong. Anyway nice ride 🐝🐝🐝

[@karmicforce01]

At the end of trad financing you own the car out right... so technically you have guaranteed equity not based on resale value. You are banking that your Lambo won't dump its market value in the next few years. It's unlikely you'll be underwater when 90K comes due but something to think about. I've never considered open ended leases before, so I've learned something new. Can you sell it before the lease is up?

[@ocmotivator]

As I shared in the video the biggest advantage of this other than the tax savings is the early termination and equity transfer to a new car at any time or simply pay it off or switch to traditional financing anytime. And beats the hell out of paying $3000 month. Also, these have held their value very strongly over the last 9 years so it would have to contradict all Lamborghini history other than the Gallardo for it to drop that far.

[@CatzAzz]

I'm not sure what is going on with KZbin but I have to constantly keep subscribing to your channel. I look for your videos because you regularly upload them & when I don't get any notifications I search for your channel & I haven't received any notifications because it says I'm not subscribed. This is frustrating.

[@brandonv4900]

Love the Lambo👍👍

[@software-sage]

So basically this video is a long ad for Premier Financial Services. Good video I appreciate the content but this is my take away. I have never heard about open leases. Sounds interesting...

[@brandinlinsey6347]

Do open ended leases have mileage restrictions?

[@meatball6930]

How much do they require for down payment on $200,000 loan. What did they want from you as far as paperwork? Being my credit is good i never need any financial papers when buying any cars. I buy expensive cars and own $400,000 in cars right now but I’m curious what Premiere wants to see from you for debt without using your score or anything. You did say they look at score but did they want a breakdown of finances. It seems cool and you can always sell before the balloon. Do they have a hookup for cars available because i think I’ve seen car dealerships with that name in rich areas of Florida.

[@JSAVAGE925]

7:10 I’m watching to see if this is even possible for me to get this is my true dream car, except with it being blacked out with red brake calipers but anyway, I’m starting to work towards getting my CDL, I’m curious what cost a month will be & insurance & how much it would take to get it down to $1,000 a month

[@slone313]

Mannnnn a damn good video thank u learned a lot

[@trentaustin9211]

Can you not form an LLC in Oregon and buy the car through the LLC and reg in Oregon in turn avoiding sales tax? Then fin at 60-72 months?

[@ocmotivator]

@@trentaustin9211 sure you can. And as long as you don’t drive the car a lot you may get away with it. But I’ve got this slight aversion to constructive tax evasion that would keep me up at night considering California has employed task forces to frequent car meets and events to find people who have done this for the sole reason of dodging taxes and emissions rules. And having an out of state plate on an exotic is like screaming out to the world that you’re skirting the system. Many get away with it but I have one friend where they impounded his car and told him to prove his LLC was a real business and explain why the car is in California 100% of the time after they saw the car and even wrote tickets to him several times over a year period. They wouldn’t release the car until he paid the taxes and registered it to his home legitimately. I’ve always said that it’s when we think we’re the first ones to ever have a slick idea that we find out that the govt figured it out too. Not worth the risk. Especially since I drive my Lamborghini a lot so it would be hard to say that I’m just visiting with the car. Additionally, you risk getting cancelled by your insurance company for the car being driven in California full time but telling them it’s an Oregon or Montana car where rates are a lot cheaper. Imagine getting into an accident and the insurance company denying the claim because you didn’t tell them it was really a California car. Also you won’t have an Oregon drivers license either which is a red flag and you can’t legally have drivers licenses in multiple states.

[@CarshowRellStudios]

@@trentaustin9211 depends on the dealership. Some won’t let you buy if you’re registering in certain states like Montana etc

[@Im-sure]

Nice cars including your new/old one

[@jasonpatterson2143]

Most every other state has sales tax credit. Some have zero sales tax on used cars. We get killed in Cali.

[@LamborghiniMadeZAZAVLOGS]

I will have mine very soon.

[@enferno1809]

Man I love these videos. NEVER RESPOND TO TROLLS!!! They suck as people just my opinion!

[@losdoingthemosttv8314]

So it equals out in the end no matter which way you go

[@GundyrX]

So glad I found this video. I set aside $100K for a Huracan and Leasing sounds much more attractive

[@ssing7113]

Joe. You need at least the cash of the car What when your hit with a 10k bill back from the shop randomly Ideally you want triple the money. Then you’ll know your money will easily make enough to pay for the loan. Maintenance. Gas . . I mean your cash. But I built up my stock pile ( multi millions ). I tell anyone. Do not buy unless you’re making 20x the loan payment. You’ll see why later in life when you have the cash retained. Toys. And wealth accumulation

[@GundyrX]

@@ssing7113 Trust, the cash of the car is also available, but I have ownership stake in a performance shop. Im not worried about maintenance or mods, im worried about tying up cash in a car, when cash is for investments

[@nathanh3515]

Great video. love the lambo!

[@stephenparenteau5467]

I mean Im down for getting a Lambo but there's places you can finance for 180 months. Then just your down payment would let you buy the car and drive it for a couple of years then sell it and recoup most of your money depending on the model you bought and mileage.

[@ssing7113]

That’s very very dangerous words considering markets are at levels like before 1999. Interest rates so high marking up cars. Inflation. The only place these cars can go is DOWN …. They are overpriced from current levels buy at least 30%

[@romanlugovoy5994]

Let’s gooo 🚀

[@saadiquebrockington24]

I hope I get a Lamborghini one day

[@chancyle]

Nice Lam, a dream car of mine also. Thx for that information.

[@salimrandall]

I'm happy driving my BS car and watching you drive Lambos LOL.

[@thesnyderteam-lasvegas6614]

The best way to finance an exotic car is to borrow against cash flowing real estate. Buy investment properties, let the tenants pay monthly and you pay down the property and collect cash flow monthly. Over time you build equity. When you have significant equity in a property or multiple properties you borrow against it. You get lower interest rates(mortgage interest rates are typically lower than auto loan rates) and it’s a 30 year term, and your tenants are gonna pay rent and pay that debt back down over time. Also when borrowing against real estate it’s tax free money. In this instance if he put down 66k and financed $130k with a cash out refinance his monthly payment at 6.5% would be $815/mo.

[@deadcell1]

You are not thinking long-term. You will get destroyed with this strategy in a higher interest rate environment which is undoubtly coming. The US goverment is running a $35 trillion deficit, when the federal reserve reach a point where they can't find enough buyers to sell bonds to monetize the debt, interest rates have no where to go but up and that's gonna cause a run on the dollar which will squeeze the purchasing power of your tentants.

[@holisticcatalyst]

@thesnyderteam-lasvegas6614 I owned 25 rental homes, and I have a better way. The rental cash flow or ROI on just cash flow about 2 to 5% per door is too low to consider this and the execution risk of the debt. I taught people to never do a cash out refi. So check this out, invest 50k from any line of credit. The income on the funds I use pay about 100% annual return. For example, tomorrow I will deploy 10k from a 8% heloc and monthly after tax cash flow is about $500 a month, forever. That is about the net cash flow per door I averaged, net meaning after repairs and capex. So, 10k for my skill level, is the same as buying a rental home and all that debt, time, work,risk, etc, and I own two prop mgmt companies, I am an expert SFR rentals. So you can scale that up to any amount. Now the brokerage account will give you margin or credit of another 50k so with 50k invest you will cash flow 100k annual paid monthly. I used to put the rental income in these funds and I liked it so much I started selling the doors. Ask me anything.

[@jeanfrancois7344]

great video

[@seafooddiablo5686]

We need a race between your scat and your daughter in her MK5

[@jjasonhova]

Love this video ❤

[@stupidliderals4662]

With 80k down, 1670×60, 90k at the end..270k .. 80k down 2760×60 =245k. Roughly

[@brianhill4995]

I’ll be upfront with you ok I’m that guy then. I like content on your Demon 170 not your finances. Let’s see you do some wheelies👍🏻 don’t be afraid if you never ran a drag strip. I bet you’ll love racing the 1/4 mile. Hit up racer x I’m sure he will give you some tips. Run that clown Vic just to get feel for 1/4 mile or 1/8 mile. Who wouldn’t like to see Demon 170 wheelies!

[@LeadfootLou]

You seem to earn lots of money. Why not just pay cash for your vehicles to save on interest? Do you earn higher interest on your savings than you pay out for your vehicles?

[@Fox_Fitness_And_Racing]

I still enjoy your videos, but your level of income is obviously superior to most of us! Also, McLaren is way better than a Lamborghini lol just my opinion tho! 😊

[@fendomanimations2122]

Do more lambo content

[@Xican71]

So if I understood correctly. U paid 80k down Then U pay $1700x60 = 102,000 And at the end they offer u to buy the car for another 90k Or after u pay the 102,000 when u finish the 5 years that’s it it’s yours ???

[@johnclark747]

Your other channel link isn't working.

[@JohnSmith-ij4xe]

One thing you can do is re-lease it instead of paying it off, but you’ll be re-leasing it at the $95,000 I believe. Hope you got the recall done as California requires a reflash of the sport mode. I guess they say it burns too rich. You have to do the recall before you can register/ renew your tags. Thankfully mines not due until next January.

[@shatolamm9727]

How much insurance pay on that monster 😫

[@Natty44fitness44]

Thanks for sharing but that’s the most expensive lease I ever seen

[@scottiescott480]

Sounds like balloon financing... open end lease

[@tankdome37]

Good shit man

[@sterlingjones4108]

When I’m paying way more a month for my c8 than someone does a Lamborghini hurrican smh 🤦‍♂️…. I’m screwed…

[@evandyer1408]

How much is your payment? lol

[@jason401.]

Paying interest on a depreciating asset... beautiful car regardless though

[@marcushoffpauir5240]

Love lambos

[@Mattjustmatt06]

6:14 payment part

[@TheseEndlessNights]

Moral of the story, don’t finance things as a general principle. Don’t buy things you can’t afford, save the money and pay cash and save yourself $50,000.

[@Louie2309]

If you’re making the money to afford , go for it. The only people commenting against your purchase , are those that can’t afford it. If your leasing it, your getting a tax break anyway.

[@perryalexander5868]

Stay blessed. And adopt me lol

[@fabiorocha72]

Is this the same as a select finance right? Balloon pymt

[@Mordecaiix]

Spend 200,000 to put no miles. Got it

[@DJRBush12]

Mhm.. maybe a track hawk is not so out of reach or a range rover svr

[@ohadams8008]

I own a tecnica and its NOTHING like the 2015 which was a very raw and rudimentary version of the Huracan. It has rear wheel steering, better aerodynamics, weights 400 pounds less, has LVDI system, handling and drive train and Akropovic exhaust system. It is a completely different driving experience. the V10 engine was not created by Audi and it was created specifically by Lamborghini for Gallardo in 2002 which was then shared with the first V10 R8. your info is so blatantly incorrect im speechless.

[@LWRC]

2018 & on up cars are not the same as the 2017 & older cars!!! The exhaust systems are completely different !!!😅😅😅