Great video Graham! I’ve seen a lot of car channels tackle this topic, but in my opinion you explained it much better than most of them. Will definitely be doing some car hacking as soon as I can! Also I really liked the part at the end with examples, especially those British Cars!
I used a word that starts with Car + H, then has A, then the next letter is C, and finally K. Put that together and I think youtube thought that video would have been about something illegal. So I reuploaded it without that word anywhere :)
Lol you could definitely buy an exotic car don’t listen to people that don’t own them telling horror stories, high low search is how you find the good opportunities, i got a manual vanquish for 50 it’s now worth more than I could have afforded then, it’s almost caught my lp640 30-40 is enough with a good mortgage and a few low weight bills
@@jahimuddin7380 Crown Vic's are cool, but I don't want to give off the vibe of "I wanna look like my probation officer". Plus, Ford Modular 4.6 vs Ferrari F136 engine
I've been saying this for years and no one believes me lol. I have made money on every car I've owned in large part due to what you are talking about here in your video. Love your content!
2010drive Yeah I would say the value for the hellcat has hit the low. There's no way a car with 700 hp will drop below 40k ever. If anything, a clean hellcat will rise in value in 15 years. It'll be an instant classic
Graham I love that you are a car guy! I too am a car guy but also like to be financially responsible, so cars are a hard thing for me to justify buying. I know I will be at the level of buying exotics one day, but right now I’m in school. The other year I bought a 2006 BMW 3 series and I already feel like it was a bad investment. Especially being a collage student, I don’t want to tie my money up in a depreciating asset. I will definitely remember these tips going forward for my next purchase. Thanks!
Wow Im 17 and this really motivates me. My plan for a long time has been to NOT go the conventional way of a 9-5 job and Im learning new things every day to get closer to that goal. Real Estate is definitely planned on the way but sadly its nothing to start out in. Thanks for the Vid tho, love these car-focused videos =)
I am actually buying my first real estate property for investment purposes and you have helped out a lot. So I subscribed and turned on post notifications! Keep killin' em my man!
In the process doing my research comparing mortgage payment and other expenses to how much I can rent the property for and Ottawa ON. seems like the winner for me!
Its funny you actually made this video because I use to do the exact same thing with my street bikes for example I bought a 4 year old Yamaha R6 knowing it will hold its value, rode it all summer and sold it for the same amount I bought it for.
In my opinion a Murcielago SV would be the one to hold onto. So rare with a production of less than 200. Literally only about a handful of which were 6-speed.
Dislike unsubscribed reported !!! graham is lying this is clickbait Cars aren’t actually free graham 😡🤬 Haha just kidding I had too graham you the man ! 🙌
@@dukebozikowski3801 Insurane. The only way you lose is if like he said, it breaks down, no one wants to rebuild an engine for a ferarri say bye to all of your money. 1 in the rebuild and again when no one wants to buy it after
Graham, how about the Ferrari 458 Itlaia? You mentioned “the last of”. It is the last of the naturally aspirated mid engined v8 Ferraris, is a beautiful and beautifully balanced car, has a great exhaust, is just as fast as the 488, and has definitely reached the bottom of its depreciation curve
do you think e92 have hit their bottom of depreciation yet? i think there is still time to depreciate before going up. e46 def appreciating in good examples!
Yeah I got somewhat rinsed on the M4 😂 $54,400ish with a hair under 10k miles. 2015 stock, great history. Put $4,000ish into the tune/catless downpipes. $4,300 in sales tax right when I got it. So I have like 63k tied up and got the mileage up to 18,000. Definitely gotta car hack the next vehicle and be a little more patient lmao
Hayden Bowles early years (09-11) of the R35 GTR. Same shape and similar features/ engine with minuscule differences. It can be bought for about 50-55k w/ a clean title,good condition, and relatively low miles. Maintenance isn’t out of this world either compared to many other exotics.
Another route for car enthusiasts is to get a cheap modifiable car and then a reliable daily. Yes you pay more in insurance, but much less overall. For example I drive a 2011 Ford F150 I bought for $20k and regularly autocross a 1990 Mazda Miata I bought for $1000. Spend your money on track time and you can put faster cars to shame 😉. I do agree with just about everything in Graham's vid, I'm just announcing another option that is sustainable but not as much "hacking".
Graham! wow, you deliver so much value in every single video. So clear, with no fluff and super articulate. I Love it! Much love from Melbourne Australia. - Junior
Hi, My best Aircraft flip was with my Brother and his business partner!! We purchased a Gulfstream 4 with a new interior and a few more upgrades, had it for almost 8 months, we took it on several great trips and we sold it to a International customer for a 3.1 million profit, operational cost was about $950,000 or so. When all the dust settled we made about 2 Million off the deal, about $670,000 each, minus fees and taxes. I personally walked away with $500,000 and some change from the deal👍One of the great things to come out of this deal with this large International Tech Company was they also hired the Captain , First Officer and the Plane Captain ( The Lead Mechanic ) which all came with the Aircraft when we purchased it, with the exception of the Pilot/ Captain. The Captain which my Brother and I have known since we were kid's growing up around the Airport and working Line service for every F.B.O on the Airport, until we purchased our own F.B.O/ Jet Center. He has worked for us Part time since we opened our doors. The Company paid for moving the whole Aircrew and thier Family, which is Awesome!! We lost a great Pilot, but he absolutely deserved it and the pay he is also getting from the Company, which is Top Dollar, Flipping Cars and Planes is the way to go, and it's about the best job one can have for sure. Take care. Hawk out!!
McLaren 570/650/675LT/600LT/720S Most cars made by McLaren are gonna rocket. They are selling more every year, but they’re only up to about 3,000 units per year. BMW M3 E46 - $30K range, last naturally aspirated manual M car
love the vid! quick suggestion, I think a warmer photo light (you can get a filter for the one you already have) would make a huge difference in your videos :) you might not get the reflection ring around your pupils, you wont look so flat on the background, and your skin will look really good. plus it will give an all around more friendly and trustworthy vibe. (again, just a suggestion, lol, Im not a youtuber I'm a photographer, I really respect what you are doing and just wanted to offer a quick tip.)
Very simple concept, but being able to know what will sell for higher price/equal sounds like you need to really know what cars retain value. Good tips and explanation of how this works.
Maintenance on these cars can get you. The parts must be expensive. What about having your own car dealership or working for one ? You can drive the cars for free when you show them to clients. If you buy the James Bond car, you may want to disable the self-destruct button.
My problem with this is that most exotic car owners dont put very many miles on their cars. If i had a Lambo, id be daily driving that. No way i could just keep a car like that in the garage.
Simple formula for these cars. Just have to see how it fits in the category its sold in and what seperates it from the rest. Any car thats an experience/emotion car is a good use of your money even if its not a supercar. Doesnt have to be expense for it to hold itd value.
If you buy it when the economy is bad as expample the cornvirus is destroying the car market you can find a ford gt for 260k with scissor doors and the hennsey package what is over 50k together so that's a great deal
Personal favorite is the Saturn Sky Redline (turbo charged version), been holding around 14, 15K in the last few years and is slowly creeping up. I might just buy one and put it in the garage.
I've been doing this with Toyota Tacoma's. Buy a used one with low low miles, drive it for 3 years , trade in for maybe a few grand less! I do dream of buying something a bit more exotic doing exactly this.
While I would love to own one of these cars, i would be afraid to drive it in Illinois. The roads and the weather here suck and would likely damage the car over time....
A good example of an investment car would be an s15 silvia. They were only sold in japan nz and Australia. In Australia they're already selling for anywhere from 12 to 20k aud. Once they become legal in the US the demand will skyrocket and the supply wont be there which will send the value through the roof.
My dad bought the first model of Jeep Wrangler made for $3000, drove it for almost 16 years and I watched him sell it for $3000 cash! This works with some other cars too!
So basically you need a little money, a little credit, and a car. Bank gives you loan baised on your credit? You buy car that has been sitting at dealer for long time and buy it for low low. Then drive it and sell it later. Dont you still need to keep paying the loan each month. Wouldn't that mean, let's say your monthly payment is 1000 dollars, that you would be paying 3000 dollars after 3 months plus gas plus insurance plus maintenance... just for some profit? Let me know if I got this wrong, right, or if I just missed some parts
Getting a car which was produced in limited quantities but seems destined to be a collectible is a good strategy as well. Case in point, the Mercury Marauder.
About a month ago there was a car event here in sweden and there was a guy who came with his 458 Speciale aperta. I asked him some questions about it and he said that he bought it for about $337 000 three years ago and that today it was worth around $670 000 and that one of the reasons why is that they only made 499 of them. I couldnt belive my ears... The price for the car had almost doubled in just three years... Thats insane, you could basicaly get rich just by buing a supercar. But you would need quite a lot of money to buy it in the first place. You could make a video with clickbait thumbnail and all saying "HOW THIS FERRARI DOUBLED IN PRICE IN JUST THREE YEARS" or something like that. In the video you could explain why the car went up in value as much as it did, and if you decide to do it please shout me out in the video :).
I can guarantee you that the Aperta owner was forced to buy a California and other Ferraris before being allowed to buy a limited edition Ferrari like the Aperta. Basically Ferrari creates this exclusivity and rewards the customers who accept these games with the opportunity to buy limited edition cars that are always worth more than retail. Ferrari is notorious for refusing to sell cars to customers because they haven't proved they are loyal customers which is a bunch of bullshit btw. Jay Leno doesn't buy Ferraris for this reason.
The Apertas doubled in price the second they hit secondary market. Any limited production Ferrari usually gets at least a 30% increase in price on secondary market, the instant it releases.
This video is correct. I have owned 2 2000 Acura NSXs and 2 1996 Porsche 911. I drove all 4 of them and sold them all for exactly what I paid for them or in one case of the Porsche 911 I sold it for $10,000 more than I paid for it. Total cost was $0 except for taxes, insurance and maintenance and those numbers were minimal, in fact less than the $10,000 I made on one car in profit.
You left out several important factors to the whole "free" concept. Sales tax, registration, and insurance. If you're dealing with a cheap Lotus Elise/Exige, then taxes and registration are no big deal. Also, like you pointed out... They're basically Toyotas with a fancy body, not an exotic, so servicing them is pretty simple. But when you get into a real exotic car that runs you 100k-400k, then you're looking at a substantial amount of cost just for sales tax and registration. Could be 10k-50k depending on the price and where you live. That eliminates the idea of just driving around a real exotic for a year, then getting a new one and somehow saving money. The amount you're dumping in taxes and fees everytime you buy a new whip could just flat out buy a cheap used car. And you'll want to take a real exotic to the dealer for service... Someone buying a pre-owned lambo or ferrari is going to want to see service records. Not so much for a an Lotus, Beamer, Benz, etc. I won't argue with the idea of financing, but when you add the amount of interest you're paying on that financing plus the sky-high insurance rates on an exotic, then... well... the idea of driving an exotic for free becomes even more far-fetched. You've made a lot of good points. I stick by the same principles as you when it comes to buying cars... buying after they're around 3-5 years old and already suffered the most depreciation. It's easy to disregard the hidden costs, maintenance, insurance, etc when you're in the 50k or less category. It's not substantially different than buying a regular car. But if you break out the costs of owning a real exotic (100k+ range), the chances of it making money or really driving it for free are abysmal.
beat me to it re: taxes, I didnt even factor in insurance which Im sure is nutty on these bad boys. That being said if you were light weight wealthy this would be great. Side Note: Im guessing a car loan follows the same principals of a home loan - IE you only get x % of your net income that a bank will loan you. If you were to do this, it essentially ties up 100K in 'credit' you could have used towards a house... which while undrivable could still appreciate in a 2% fashion with similar ancillary expenses.
Proverbialfunk Taxes? Buy in a state without taxes. I have always held my home of record in a tax-free state, and my physical address now also happens to be in a tax free state.
There's only 5 states in the US with no sales tax and nobody wants to move to them (except is maybe Oregon, which subsequently makes up for it with super high income taxes). It would really make no sense to move to a state with no sales taxes just to save on an exotic car. And most states are aware of people trying to buy cars across borders to avoid sales tax and will charge you the difference that you didn't pay in sales tax when you bring the car back to your home state to register it. Been there and done that when I was young and thought i was being sneaky. Got hit with a massive bill at the DMV
I travel every 2-5 years for work so I can put my home of record wherever I want, whether or not I live there. Plenty of people are moving to TX and FL to avoid the state taxes though.
Another great video Graham, keep up the great work mate. I would also suggest the Audi TT (RS)....You could also look at the Audi R8 model....a very good daily driver and both run like a German tank in terms of reliability.
Never expected this video from you Graham! I have been telling this to people for years and they never believe me. Certain Maserati's work btw! The Quattroporte from like 2011 can be had for 35k and are generally fine if PPI checks out. I'd have to do some research as to when Maserati GT's become hackable but I know it can be done. Here's my personal gameplan with car values I am 99% certain of: 2012ish C63 AMG for 35k (w/30 to 40k miles) --> MKIV Supra (this is a personal thing, will never sell) --> Aston Martin V8 vantage in the 50k-60k range ---> 2012 GTR for 60kish -->997 Porsche Turbo for 65kish -->Audi R8 v10 from 70k to 90k (from here on out I haven't decided) Other cars that work: Gallardo Performante 150-170k , Rolls Royce Ghost 130kish (lots of BMW 8 series parts if you buy the right year). 997 and 996 Porsche's. Big problem can be maintenance if you go to the dealer, but there are certain quality shops out there that can do the same job just without the dealer up-charge. McLaren unfortunately is out of luck with how they do their maintenance, but I foresee McLaren's becoming more hackable in the future.
I agree Graham I'm gonna attempt. Purchasing possibly a 640 murcie or a Gallardo when hacking have to make sure. It's maintenance is good keep the miles down. Before dumping the car in 8 or 12 months and key is buying under. It's value
I totally agree, if you buy it right I see no reason why you shouldn't break even on the car after a year or so. The murcielago is an amazing car, but maintenance on a V12 scares me...just in case something goes wrong. The Gallardo seems way more forgiving.
I just got to the part about the Viper, and your're not wrong. The only thing I would clarify is the 96 GTS will always command more money than the 97. There are slight differences between the two, but the main difference is the 96 has the white stripes painted behind the licence plate and 97 does not (the stripes on the 96 are slightly wider than the 97 as well). When I went to buy my 2nd Viper I refused to consider anything other than the 96 blue and white as I knew it would be the one to have in the long run.
I drive a VW Beetle - probably the cheapest car that allows to achieve this effect :) The value goes higher, maintenance is laughably cheap, I can do most stuff myself and insurance? It's a classic car, so I get extra rates and pay only $60 a year total! Plus girls really dig it :)
Mitsubishi EVO 8 or 9, Mazda fd RX7,Toyota mk4 Supra, BMW E3 46 m3, the new Honda Civic type R,Honda civic em1 si, Nissan 240sx, first gen Jeep Srt 8, trailblazer SS, almost any full size truck in a higher trim level, any Subaru wrx/sti
Hey Graham, I think you’re pretty accurate with the Aston Martins. However I didn’t hear you mention the V8 Vantage. I bought a 2006 low mileage Vantage with a 6mt slightly under value, and I’ll have zero issue moving the car for the same price I paid if not a profit in the high 35’s to 40k territory.
Graham Stephan Yes it is! I actually bought mine for $40,000 tax tag title out the door. So my actual cost for the car was closer to 37,000. Being a 6mt car and low miles I think in a few months if I list the car on the forums I’d have a pretty nice spread on my hands!
Glad im not the only one who thinks this is a good idea. I have a TVR Cerbera 4.2 v8 i purchase for £31k in 2018. I currently have offers IRO £40k having spent £4k having a new clutch and starter motor. However i spent 2 years searching the market across the globe to find the right one. The spec is perfect and the mileage is not even that low but it is a very low cost extremely fast car. Truth be told i am holding on to it as it will continue to go up. But i am also currently buying a CLK Black Series here in the UK with a similar intent in mind... great video Graham!
I actually agree with this one. Pretty half decent choice of car since the engine used in the lotus is sourced from Toyota. Stupid reliable and super fun to drive 👌🏾
Loved this video, especially how realistic your explanations are regarding depreciation/appreciation. Makes sense that there’s both a smart and a not so smart approach to driving an exotic. #maserati
pretty cool concept, it seems to me like it's more of a speculation than an investment, but if someone was really into a car and planned ahead a little it doesn't sound like that bad of an idea. Keep up the great work Graham!
This guy knows his cars! I'd also maybe add the last gen Viper ACR - last of, special edition, and also some of the more "collectible" porsche special editions - the 911R, the 4.0, etc. Also maybe the SLS AMG - definitely a beauty!
Great video. I have owned most of the cars you mentioned, air cooled Porsche, multiple NSX’s and S2000’’s (I am in your S2000 photo) Lotus Exige S and I told all of them for more money. my air cooled Porsche 993 Turbo and NSX I sold for double what I paid. My Long Beach Blue 2005 NSX is a keeper. I would also add other cars that I own, a BMW 1 series M and my Z3 M Coupe. Also Audi V10 with a manual transmission
Watched this Video when it came out, and just “rewatched” it. I’ll add the 2016 GT3RS (or any 3 year-old cycle Porsche) Buy as the Price drops (Depreciation Curve), HOLD, then sell when “Nostalgia” kicks in 👍🏻
Think I might buy my lotus after watching this. Always wanted one. There is a guy who goes to car meets near me who has an orange and he painted his house to match, haha
I've done similar with 2005 chrysler crossfire. 2017 that was exotic car for me , i bought that car for 10 000$ with 20000 miles, drove it for 6000miles and sold it for 10000$ again. Its pretty easy.
It might happen sooner than anticipated. At first I thought "Get the car!" but then I decided real estate would've been a better move. So now I'm just starting to look for properties, I'm still a few months away, but so far I can't find ANYTHING. Nothing makes sense and makes enough money to be worth it. So I'm going to continue looking, dive deeper into searching, then potentially check out some places around Nashville, Dallas, etc (OUT OF STATE?!)...and if i literally can't find anything, I think renovating one of my other units + buying the car is the way to go until I find the right deal. Still 4-5 months away from making any moves though.
I hope the best for you man. I know you will get anything you want. You got this. keep going forward. Just a subscriber trying to motivate you just like you motivate thousands of us. good luck!
I think another option on the lower end are 1990s M3s or M5s. I had a 1998 (e36) BMW M3 convertible standard, bought $22.5k, sold it after 80k more miles 8 years later for $17.5k, unbelievable. We also have a 1988 325ic convertible but we won't sell it!
Great looking radiomir! Solid selection of cars as well, although it's crazy to see the price difference in Lamborghini's between Europe and the US! Looks like there's a lot of money to be made in selling them overseas.
290k USD for a 2001 VT with 9000miles looks like a steal in comparison. Example of a manual F430 with low mileage is 94k USD. This is solely the Belgian market, I can easily imagine the Italians getting them even cheaper. I also want to add that I've learned a lot from your videos, thanks for that!
What I do is find a good deal on a 5-10 year old BMW, Audi, Range etc and sign it up for Uber to use it as a money making asset as time goes on. Meanwhile the car is for sale on Craigslist for market value as I cover ongoing expenses like insurance and repairs with rideshare. After a few months of flipping I went from a Plymouth Neon to a Range Rover Sport.
So I had to delete and re-upload this video because TH-cam blocked and shadow-banned my original version...so enjoy while this video is up :)
Why does TH-cam keep unsubscribing me from your channel? I had to re-subscribe just now.
Great video Graham! I’ve seen a lot of car channels tackle this topic, but in my opinion you explained it much better than most of them. Will definitely be doing some car hacking as soon as I can! Also I really liked the part at the end with examples, especially those British Cars!
Graham Stephan wow! Why did TH-cam do that? Loved your video as always.
interesting. care to elaborate why you think it happened?
I used a word that starts with Car + H, then has A, then the next letter is C, and finally K. Put that together and I think youtube thought that video would have been about something illegal. So I reuploaded it without that word anywhere :)
House hacking? Rent hacking? Car hacking? I'm loving these videos. What's next? Grocery hacking? Girlfriend hacking? Bring it on!
Challenge accepted ;)
Graham Stephan soo... 10 months later... did you get a girlfriend who’s paying for your groceries yet? 🧐
other peoples rent are paying his groceries
@@jeffwatson4353 big facts
Girlfriend hacking... I think there's already one called a 'sugar mommy' and 'sugar daddy'
Ford Pinto's you can buy for $25 and they are worth $35 in metal
HAHAHAHAHAHAHAHAHAHAHAHA
or offer to tow people's dead cars (for a SMALL fee.)
Instant 40% return. Graham needs to get on this level...
😂 😂 😂
The copper and aluminum in the car appreciates over time to. Eventually 😄
Me: *Makes less than 40k a year*
Also me: Watches videos about which exotic cars to buy
What he said ^
work, shut up, give up, buy a sports car you can't afford and enjoy life!!!!!!
PS. Don't forget to enjoy your 20 cent iced coffee every morning too.
40k a year is so much !!
@@axlr8467 ikr. in my country, making $1200 is a blessing. currency conversion too USD is 2.8
Lol you could definitely buy an exotic car don’t listen to people that don’t own them telling horror stories, high low search is how you find the good opportunities, i got a manual vanquish for 50 it’s now worth more than I could have afforded then, it’s almost caught my lp640
30-40 is enough with a good mortgage and a few low weight bills
He is definitely right about maserati.
It's a good deal though for someone who wants to drive a $20k "Exotic" with massive repair bills :P
Its really good for people who wanna drive around a $85k Maserati Ghibli that has the same parts as a dodge dart haha.
I would drive a maserati just because of that sweet V8 sound.
@@bombardier6033, In that case you could just straight pipe a Crown Vic.
@@jahimuddin7380 Crown Vic's are cool, but I don't want to give off the vibe of "I wanna look like my probation officer". Plus, Ford Modular 4.6 vs Ferrari F136 engine
The most diversified channel!
Thanks :)
@Archock Encanto stop, just stop
who needs a Roth ira when you could just get a Ford GT lol
don't forget pretty much any muscle car. picked up a 1970 chevelle, drove it for a year and made 20k on it.
Very true!
Gotta love some muscle! :)
I knew you were going to say S2000! I’ve purchased 5 of them, 3 to flip and made about 23k profit on those 3 cars 😬👍🏼
That’s incredible!
my first s2000 was a 2001 that i bought for $9000 with 130,000 mile in 2013. I sold it for $11,000 in 2017 with 180,000 miles.
Hustla!!!! I need to get in on this :)
I bought an S2000 last year! Love it and I'm definitely track modding it to hell and back! Not the best for resale tho I'm afraid lol
Wow!
Man, you forgot to add the dougscore lol! Great vid
Awww I should’ve done that!
Man that is an awesome comment. Grate .
🤣
When he said 17 yr old with no money, I felt that :(
im 16 w no money so in the same boat
Sell puffs and invest into stocks
@@Ghetto.garagelmao lol 😂
I've been saying this for years and no one believes me lol. I have made money on every car I've owned in large part due to what you are talking about here in your video. Love your content!
Have done this with my R35, I found an older gentlemen who sold it with 25k miles to me for $45,000 I but 20k miles on it and sold for $52,000
how was your maintaince with the r35? i am really considering getting one myself within next few yrs but was unsure of maintance and other costs..
More CAR VIDEOS!!!
ABSOLUTELY!
@@GrahamStephan esp now as Ferrari won't be putting their engines in. Companys value prob going down a lot after that hit....
He’s trying to take on Doug DeMuro! 😂
I bought a 2015 Challenger Hellcat with 5K miles last year for 45K. Today with 8K miles it’s worth at least that much probably more like 47-48K
2010drive Yeah I would say the value for the hellcat has hit the low. There's no way a car with 700 hp will drop below 40k ever. If anything, a clean hellcat will rise in value in 15 years. It'll be an instant classic
@@MrKooluis I wouldn't say classic. There's a lot. Only cars that don't make a lot of special editions
Jose Gap exactly, hellcats are mass produced maybe a demon
No
It's all a great exit plan....until an idiot hits your bumper or worse. When a car has been in a collision the value drops.
Then you get a good insurance payout 😜
@The Wise Cat get gap insurance and a solid plan and you will never loose money, especially considering you can claim physical and emotional damages.
Teo G Poker
Or it gets stolen and if you’re lucky they recover it stripped down to the frame...
Hot til here folks: AVOID CAR CRASHES it saves you $$$ ;)
@@kc0tlh Sometimes car crashes aren’t under your control. All it takes is a dumbass crashing into you, and your car is done.
Graham I love that you are a car guy! I too am a car guy but also like to be financially responsible, so cars are a hard thing for me to justify buying. I know I will be at the level of buying exotics one day, but right now I’m in school. The other year I bought a 2006 BMW 3 series and I already feel like it was a bad investment. Especially being a collage student, I don’t want to tie my money up in a depreciating asset. I will definitely remember these tips going forward for my next purchase. Thanks!
Wow Im 17 and this really motivates me. My plan for a long time has been to NOT go the conventional way of a 9-5 job and Im learning new things every day to get closer to that goal. Real Estate is definitely planned on the way but sadly its nothing to start out in.
Thanks for the Vid tho, love these car-focused videos =)
Same here bro, i have a business and I work and I invist my money in items that can bring me more money !!!!
As long as you don't let ego get in the way of your goals I'm sure you'll do great
I am actually buying my first real estate property for investment purposes and you have helped out a lot. So I subscribed and turned on post notifications! Keep killin' em my man!
Really means a lot, congratulations on getting your first property! Where at?
In the process doing my research comparing mortgage payment and other expenses to how much I can rent the property for and Ottawa ON. seems like the winner for me!
Its funny you actually made this video because I use to do the exact same thing with my street bikes for example I bought a 4 year old Yamaha R6 knowing it will hold its value, rode it all summer and sold it for the same amount I bought it for.
@@johnnoordhoff Hi hows the real estate going ?
In my opinion a Murcielago SV would be the one to hold onto. So rare with a production of less than 200. Literally only about a handful of which were 6-speed.
VinWiki did a video about the 6-speed Murci. I think he found that there were only about a dozen clean title cars in existence...🤯
@@GrahamStephan yes, I'd prefer the first gen 2002-04 Murci as they all were manuals
Dislike unsubscribed reported !!! graham is lying this is clickbait
Cars aren’t actually free graham 😡🤬
Haha just kidding I had too graham you the man ! 🙌
ahaha thanks man!
Graham Stephan anytime bro 😅
Final Duck
@@GrahamStephan It's a great investment...until you crash it lol
Guess I'll have to be extra capable. Great vid man :)
@@dukebozikowski3801 Insurane. The only way you lose is if like he said, it breaks down, no one wants to rebuild an engine for a ferarri say bye to all of your money. 1 in the rebuild and again when no one wants to buy it after
This video to me proves that Graham is genuinely interested in sharing facts. I have been doing this and it works.
Graham, how about the Ferrari 458 Itlaia? You mentioned “the last of”. It is the last of the naturally aspirated mid engined v8 Ferraris, is a beautiful and beautifully balanced car, has a great exhaust, is just as fast as the 488, and has definitely reached the bottom of its depreciation curve
This is why I bought a Camaro (my dream car). I bought it used for less than my friends pay for minivans, honda civic's, etc. Greatest decision ever.
BMW m3 e46 & m3 e92, low mileage and good condition will go up in value 100%
Dan Yep! Absolutely! I’d also add the BMW 1M.
do you think e92 have hit their bottom of depreciation yet? i think there is still time to depreciate before going up. e46 def appreciating in good examples!
Yeah I got somewhat rinsed on the M4 😂 $54,400ish with a hair under 10k miles. 2015 stock, great history. Put $4,000ish into the tune/catless downpipes. $4,300 in sales tax right when I got it. So I have like 63k tied up and got the mileage up to 18,000. Definitely gotta car hack the next vehicle and be a little more patient lmao
Get the used Lambo 😉
I want the Hurracan or a McLaren 570/650. Im always into the newer stuff 🤷🏻♂️ Need to hack an R8 or GTR or something
Hayden Bowles early years (09-11) of the R35 GTR. Same shape and similar features/ engine with minuscule differences. It can be bought for about 50-55k w/ a clean title,good condition, and relatively low miles. Maintenance isn’t out of this world either compared to many other exotics.
Oooh Hayden Bowles and Graham 😍 I watch both ur videos xD
Another route for car enthusiasts is to get a cheap modifiable car and then a reliable daily. Yes you pay more in insurance, but much less overall. For example I drive a 2011 Ford F150 I bought for $20k and regularly autocross a 1990 Mazda Miata I bought for $1000. Spend your money on track time and you can put faster cars to shame 😉.
I do agree with just about everything in Graham's vid, I'm just announcing another option that is sustainable but not as much "hacking".
The e in Porsche isn't actually silent. Most English speakers pronounce it the way you do but it's wrong. It's a German brand
Graham! wow, you deliver so much value in every single video. So clear, with no fluff and super articulate. I Love it!
Much love from Melbourne Australia.
- Junior
Thanks so much man!!
Hi, My best Aircraft flip was with my Brother and his business partner!! We purchased a Gulfstream 4 with a new interior and a few more upgrades, had it for almost 8 months, we took it on several great trips and we sold it to a International customer for a 3.1 million profit, operational cost was about $950,000 or so. When all the dust settled we made about 2 Million off the deal, about $670,000 each, minus fees and taxes. I personally walked away with $500,000 and some change from the deal👍One of the great things to come out of this deal with this large International Tech Company was they also hired the Captain , First Officer and the Plane Captain ( The Lead Mechanic ) which all came with the Aircraft when we purchased it, with the exception of the Pilot/ Captain. The Captain which my Brother and I have known since we were kid's growing up around the Airport and working Line service for every F.B.O on the Airport, until we purchased our own F.B.O/ Jet Center. He has worked for us Part time since we opened our doors. The Company paid for moving the whole Aircrew and thier Family, which is Awesome!! We lost a great Pilot, but he absolutely deserved it and the pay he is also getting from the Company, which is Top Dollar, Flipping Cars and Planes is the way to go, and it's about the best job one can have for sure. Take care. Hawk out!!
Hi Hawk, do you do business in Russia?
McLaren 570/650/675LT/600LT/720S
Most cars made by McLaren are gonna rocket. They are selling more every year, but they’re only up to about 3,000 units per year.
BMW M3 E46 - $30K range, last naturally aspirated manual M car
love the vid!
quick suggestion, I think a warmer photo light (you can get a filter for the one you already have) would make a huge difference in your videos :)
you might not get the reflection ring around your pupils, you wont look so flat on the background, and your skin will look really good. plus it will give an all around more friendly and trustworthy vibe.
(again, just a suggestion, lol, Im not a youtuber I'm a photographer, I really respect what you are doing and just wanted to offer a quick tip.)
I totally agree man!
Very simple concept, but being able to know what will sell for higher price/equal sounds like you need to really know what cars retain value. Good tips and explanation of how this works.
Thanks!
Maintenance on these cars can get you. The parts must be expensive. What about having your own car dealership or working for one ? You can drive the cars for free when you show them to clients.
If you buy the James Bond car, you may want to disable the self-destruct button.
My problem with this is that most exotic car owners dont put very many miles on their cars. If i had a Lambo, id be daily driving that. No way i could just keep a car like that in the garage.
Time for my Aston!
GET THE FIRST GEN VANQUISH. I'm telling you, you won't lose ANY money on that car.
Thanks to James Bond for repping the Vanquish and the BMW Z8 Roadster!
Simple formula for these cars. Just have to see how it fits in the category its sold in and what seperates it from the rest. Any car thats an experience/emotion car is a good use of your money even if its not a supercar. Doesnt have to be expense for it to hold itd value.
These cars go up in value when the economy is great. All will drop 20% or more when the economy is bad.
If you buy it when the economy is bad as expample the cornvirus is destroying the car market you can find a ford gt for 260k with scissor doors and the hennsey package what is over 50k together so that's a great deal
Exotic car values are shooting up in this bad economy... just made 10k in appreciation
Personal favorite is the Saturn Sky Redline (turbo charged version), been holding around 14, 15K in the last few years and is slowly creeping up. I might just buy one and put it in the garage.
I don't see those often!
Graham on every single one of the cars: "Now this is one of my favorites.."
I've been doing this with Toyota Tacoma's. Buy a used one with low low miles, drive it for 3 years , trade in for maybe a few grand less! I do dream of buying something a bit more exotic doing exactly this.
While I would love to own one of these cars, i would be afraid to drive it in Illinois. The roads and the weather here suck and would likely damage the car over time....
A good example of an investment car would be an s15 silvia. They were only sold in japan nz and Australia. In Australia they're already selling for anywhere from 12 to 20k aud. Once they become legal in the US the demand will skyrocket and the supply wont be there which will send the value through the roof.
The “Except for Maybe masarati” part had me dying lol
My dad bought the first model of Jeep Wrangler made for $3000, drove it for almost 16 years and I watched him sell it for $3000 cash! This works with some other cars too!
So basically you need a little money, a little credit, and a car.
Bank gives you loan baised on your credit?
You buy car that has been sitting at dealer for long time and buy it for low low.
Then drive it and sell it later.
Dont you still need to keep paying the loan each month.
Wouldn't that mean, let's say your monthly payment is 1000 dollars, that you would be paying 3000 dollars after 3 months plus gas plus insurance plus maintenance... just for some profit?
Let me know if I got this wrong, right, or if I just missed some parts
@0 views But what about the interest from the loan required to buy the car. I don't understand how you can get it for zero
Joanne Smith you can buy it without financing it
@@1naimkambo How? If the exotic car is 100k average and you put 30k deposit, don't you have to borrow 70k and pay for the interest for the loan
Someone answer his question plz, i'd like to know aswell.
@@1naimkambo any reply?
Getting a car which was produced in limited quantities but seems destined to be a collectible is a good strategy as well. Case in point, the Mercury Marauder.
About a month ago there was a car event here in sweden and there was a guy who came with his 458 Speciale aperta. I asked him some questions about it and he said that he bought it for about $337 000 three years ago and that today it was worth around $670 000 and that one of the reasons why is that they only made 499 of them. I couldnt belive my ears... The price for the car had almost doubled in just three years... Thats insane, you could basicaly get rich just by buing a supercar. But you would need quite a lot of money to buy it in the first place.
You could make a video with clickbait thumbnail and all saying "HOW THIS FERRARI DOUBLED IN PRICE IN JUST THREE YEARS" or something like that. In the video you could explain why the car went up in value as much as it did, and if you decide to do it please shout me out in the video :).
That’s a good idea :)
I can guarantee you that the Aperta owner was forced to buy a California and other Ferraris before being allowed to buy a limited edition Ferrari like the Aperta. Basically Ferrari creates this exclusivity and rewards the customers who accept these games with the opportunity to buy limited edition cars that are always worth more than retail. Ferrari is notorious for refusing to sell cars to customers because they haven't proved they are loyal customers which is a bunch of bullshit btw. Jay Leno doesn't buy Ferraris for this reason.
The Apertas doubled in price the second they hit secondary market. Any limited production Ferrari usually gets at least a 30% increase in price on secondary market, the instant it releases.
This video is correct. I have owned 2 2000 Acura NSXs and 2 1996 Porsche 911. I drove all 4 of them and sold them all for exactly what I paid for them or in one case of the Porsche 911 I sold it for $10,000 more than I paid for it. Total cost was $0 except for taxes, insurance and maintenance and those numbers were minimal, in fact less than the $10,000 I made on one car in profit.
You left out several important factors to the whole "free" concept. Sales tax, registration, and insurance. If you're dealing with a cheap Lotus Elise/Exige, then taxes and registration are no big deal. Also, like you pointed out... They're basically Toyotas with a fancy body, not an exotic, so servicing them is pretty simple. But when you get into a real exotic car that runs you 100k-400k, then you're looking at a substantial amount of cost just for sales tax and registration. Could be 10k-50k depending on the price and where you live. That eliminates the idea of just driving around a real exotic for a year, then getting a new one and somehow saving money. The amount you're dumping in taxes and fees everytime you buy a new whip could just flat out buy a cheap used car. And you'll want to take a real exotic to the dealer for service... Someone buying a pre-owned lambo or ferrari is going to want to see service records. Not so much for a an Lotus, Beamer, Benz, etc.
I won't argue with the idea of financing, but when you add the amount of interest you're paying on that financing plus the sky-high insurance rates on an exotic, then... well... the idea of driving an exotic for free becomes even more far-fetched.
You've made a lot of good points. I stick by the same principles as you when it comes to buying cars... buying after they're around 3-5 years old and already suffered the most depreciation. It's easy to disregard the hidden costs, maintenance, insurance, etc when you're in the 50k or less category. It's not substantially different than buying a regular car. But if you break out the costs of owning a real exotic (100k+ range), the chances of it making money or really driving it for free are abysmal.
beat me to it re: taxes, I didnt even factor in insurance which Im sure is nutty on these bad boys. That being said if you were light weight wealthy this would be great.
Side Note: Im guessing a car loan follows the same principals of a home loan - IE you only get x % of your net income that a bank will loan you. If you were to do this, it essentially ties up 100K in 'credit' you could have used towards a house... which while undrivable could still appreciate in a 2% fashion with similar ancillary expenses.
Proverbialfunk Taxes? Buy in a state without taxes. I have always held my home of record in a tax-free state, and my physical address now also happens to be in a tax free state.
There's only 5 states in the US with no sales tax and nobody wants to move to them (except is maybe Oregon, which subsequently makes up for it with super high income taxes). It would really make no sense to move to a state with no sales taxes just to save on an exotic car. And most states are aware of people trying to buy cars across borders to avoid sales tax and will charge you the difference that you didn't pay in sales tax when you bring the car back to your home state to register it. Been there and done that when I was young and thought i was being sneaky. Got hit with a massive bill at the DMV
People in the highest brackets are moving to no income states not for cars, its to not pay a 12-13% state tax like in NY, NJ, CA, etc.
I travel every 2-5 years for work so I can put my home of record wherever I want, whether or not I live there. Plenty of people are moving to TX and FL to avoid the state taxes though.
I do like the way the Maserati GranTurismo looks and it's V8 sound is amazing
Another great video Graham, keep up the great work mate. I would also suggest the Audi TT (RS)....You could also look at the Audi R8 model....a very good daily driver and both run like a German tank in terms of reliability.
Thanks so much Bart! I totally agree, the R8's have really found a solid base in value!
96-98 OBD2 equipped first gen Mazda miatas. They're cheap but you can get them under 2k and clean them up pretty easily
That's the second gen NB. But yes I low-key think nice NB Miatas will be worth something one day
You are spot on been doing this since I was 18 and it works
can you teach me how to do this?
Me too
What did you do
Amen Graham. A few years ago I bought a 93’ Mitsubishi 3000 GT base model for $2250. Sold that car 3 months later for $3000
late 80's to early 00's Japanese cars that are popular in the aftermarket scene just about all would fall in this category
Sadly
buying a 458 now would be a good purchase because it's the last na Ferrari and will probably be a million dollar classic
Maserati the Chrysler/Fiat of exotic cars
Haha too true
Also, I'm calling it right now, BMW M3 e90/e92 right before the company decided to add a turbo to all their M cars
@@GrahamStephan yes Chrysler owns Maserati
Never expected this video from you Graham!
I have been telling this to people for years and they never believe me. Certain Maserati's work btw! The Quattroporte from like 2011 can be had for 35k and are generally fine if PPI checks out. I'd have to do some research as to when Maserati GT's become hackable but I know it can be done.
Here's my personal gameplan with car values I am 99% certain of:
2012ish C63 AMG for 35k (w/30 to 40k miles) --> MKIV Supra (this is a personal thing, will never sell) --> Aston Martin V8 vantage in the 50k-60k range ---> 2012 GTR for 60kish -->997 Porsche Turbo for 65kish -->Audi R8 v10 from 70k to 90k (from here on out I haven't decided)
Other cars that work: Gallardo Performante 150-170k , Rolls Royce Ghost 130kish (lots of BMW 8 series parts if you buy the right year). 997 and 996 Porsche's.
Big problem can be maintenance if you go to the dealer, but there are certain quality shops out there that can do the same job just without the dealer up-charge. McLaren unfortunately is out of luck with how they do their maintenance, but I foresee McLaren's becoming more hackable in the future.
🙌🏼
Finally some car hacks 👌
This was BY FAR the most requested video I've had in awhile!
I agree Graham I'm gonna attempt. Purchasing possibly a 640 murcie or a Gallardo when hacking have to make sure. It's maintenance is good keep the miles down. Before dumping the car in 8 or 12 months and key is buying under. It's value
I totally agree, if you buy it right I see no reason why you shouldn't break even on the car after a year or so. The murcielago is an amazing car, but maintenance on a V12 scares me...just in case something goes wrong. The Gallardo seems way more forgiving.
A few super budget options look at older stock miatas and turbo Subaru’s
I just got to the part about the Viper, and your're not wrong. The only thing I would clarify is the 96 GTS will always command more money than the 97. There are slight differences between the two, but the main difference is the 96 has the white stripes painted behind the licence plate and 97 does not (the stripes on the 96 are slightly wider than the 97 as well). When I went to buy my 2nd Viper I refused to consider anything other than the 96 blue and white as I knew it would be the one to have in the long run.
"This Lotus is cheaper to own than my last prius"
"If you are a carguy like me"
...
Facts man. I bought an s2k for $18k, sold it a year later with a few thousand k’s extra, for $24k 😍
That’s awesome!!
Lmaoooo the history of the TH-cam INTERNET
Of the youwebs internets.
I drive a VW Beetle - probably the cheapest car that allows to achieve this effect :) The value goes higher, maintenance is laughably cheap, I can do most stuff myself and insurance? It's a classic car, so I get extra rates and pay only $60 a year total! Plus girls really dig it :)
90's japanese sports cars ftw
Mitsubishi EVO 8 or 9, Mazda fd RX7,Toyota mk4 Supra, BMW E3 46 m3, the new Honda Civic type R,Honda civic em1 si, Nissan 240sx, first gen Jeep Srt 8, trailblazer SS, almost any full size truck in a higher trim level, any Subaru wrx/sti
The PT cruiser for sure
I'm saving that for my "Top 10 cars to pickup hot girls" video. PT Cruiser is #2, right after the Prius, and right before the Nissan Cube.
Graham Stephan Hot not gold diggers girls? If gold diggers then ferraris and lambors should do it the best.
Ummm no, the Chevy SSR is the hottest. 🤣🔥🔥
It’s Fitymi, I hope your comment i/sn't sarcastic because they will gain value in the next 10 years garanteed.
Veggy Dishwasher Unless you crash it lol
Hey Graham, I think you’re pretty accurate with the Aston Martins. However I didn’t hear you mention the V8 Vantage. I bought a 2006 low mileage Vantage with a 6mt slightly under value, and I’ll have zero issue moving the car for the same price I paid if not a profit in the high 35’s to 40k territory.
Interesting! But $40k is a really good price for a vantage, if you can buy it cheap enough.
Graham Stephan Yes it is! I actually bought mine for $40,000 tax tag title out the door. So my actual cost for the car was closer to 37,000. Being a 6mt car and low miles I think in a few months if I list the car on the forums I’d have a pretty nice spread on my hands!
13/14 Shelby will be rare for sure in the future
Glad im not the only one who thinks this is a good idea. I have a TVR Cerbera 4.2 v8 i purchase for £31k in 2018. I currently have offers IRO £40k having spent £4k having a new clutch and starter motor. However i spent 2 years searching the market across the globe to find the right one. The spec is perfect and the mileage is not even that low but it is a very low cost extremely fast car. Truth be told i am holding on to it as it will continue to go up. But i am also currently buying a CLK Black Series here in the UK with a similar intent in mind... great video Graham!
05-06 Ford GT FTW
I actually agree with this one. Pretty half decent choice of car since the engine used in the lotus is sourced from Toyota. Stupid reliable and super fun to drive 👌🏾
Loved this video, especially how realistic your explanations are regarding depreciation/appreciation. Makes sense that there’s both a smart and a not so smart approach to driving an exotic.
#maserati
Thanks so much!!
pretty cool concept, it seems to me like it's more of a speculation than an investment, but if someone was really into a car and planned ahead a little it doesn't sound like that bad of an idea. Keep up the great work Graham!
It'd be awesome if you did a 2020 re-up of this video!
One car that here in europe it's skyrocketing the bmw e30 any of them, and you can find them at less than 2k flip it and make an easy 2k profit
Smart for two 2010
This guy knows his cars! I'd also maybe add the last gen Viper ACR - last of, special edition, and also some of the more "collectible" porsche special editions - the 911R, the 4.0, etc. Also maybe the SLS AMG - definitely a beauty!
Great content! You have yourself a new sub. Like button smashed!
Thanks Brian!!
Great video. I have owned most of the cars you mentioned, air cooled Porsche, multiple NSX’s and S2000’’s (I am in your S2000 photo) Lotus Exige S and I told all of them for more money. my air cooled Porsche 993 Turbo and NSX I sold for double what I paid. My Long Beach Blue 2005 NSX is a keeper. I would also add other cars that I own, a BMW 1 series M and my Z3 M Coupe. Also Audi V10 with a manual transmission
ed bolian's eye twitches every time someone calls a lotus "reliable"
Watched this Video when it came out, and just “rewatched” it. I’ll add the 2016 GT3RS (or any 3 year-old cycle Porsche) Buy as the Price drops (Depreciation Curve), HOLD, then sell when “Nostalgia” kicks in 👍🏻
...or make a kick ass business and have so much money all this is unnecessary
Or do that ;)
You still want to do this if you are rich. This way you can basically own unlimited supercars even if you only make 2 million or less.
Think I might buy my lotus after watching this. Always wanted one. There is a guy who goes to car meets near me who has an orange and he painted his house to match, haha
Notification gang!
SUP DENNIS!
I've done similar with 2005 chrysler crossfire. 2017 that was exotic car for me , i bought that car for 10 000$ with 20000 miles, drove it for 6000miles and sold it for 10000$ again. Its pretty easy.
BMW M3 e46 BMW e39 M5
The older M3's are holding their value really, really well.
Yea, the old M3 holds its value so well, I would like to buy one with low miles though which is a needle in a haystack lol...
Look for the special series like th M3 CSL E46, one of my all time favourits, and its going up in value at a good pace
R8
Also so stoked to see you mention the ford GT and now you OWN one!
I want a lambo So bad. When are you getting yours Graham? I know you have been thinking about it.lol
It might happen sooner than anticipated. At first I thought "Get the car!" but then I decided real estate would've been a better move. So now I'm just starting to look for properties, I'm still a few months away, but so far I can't find ANYTHING. Nothing makes sense and makes enough money to be worth it. So I'm going to continue looking, dive deeper into searching, then potentially check out some places around Nashville, Dallas, etc (OUT OF STATE?!)...and if i literally can't find anything, I think renovating one of my other units + buying the car is the way to go until I find the right deal. Still 4-5 months away from making any moves though.
Graham Stephan you should make a video about why you can't find any properties at this point in time and what you look for
Aaron Yes Please !
I hope the best for you man. I know you will get anything you want. You got this. keep going forward. Just a subscriber trying to motivate you just like you motivate thousands of us. good luck!
I think another option on the lower end are 1990s M3s or M5s. I had a 1998 (e36) BMW M3 convertible standard, bought $22.5k, sold it after 80k more miles 8 years later for $17.5k, unbelievable. We also have a 1988 325ic convertible but we won't sell it!
If I can hit the like button so can you!
🙌🏼🙌🏼
Great looking radiomir! Solid selection of cars as well, although it's crazy to see the price difference in Lamborghini's between Europe and the US! Looks like there's a lot of money to be made in selling them overseas.
Thanks so much, good eye! How are prices in Europe?
290k USD for a 2001 VT with 9000miles looks like a steal in comparison. Example of a manual F430 with low mileage is 94k USD. This is solely the Belgian market, I can easily imagine the Italians getting them even cheaper. I also want to add that I've learned a lot from your videos, thanks for that!
Wow that's crazy!
0:06 "I just unsubscribed" has absolutely nothing to do with car hacking lmao. And yes, i did just watch the intro frame by frame.
Haha put that in for fun 😂
I lost 6k on my lotus , needed to quick sell but you’re absolutely right ! Sold my s2000 for the same price I bought it 3 years later !
Yeah the S2K holds really well!!
Bmw 1m also belongs on the list
yes!
What I do is find a good deal on a 5-10 year old BMW, Audi, Range etc and sign it up for Uber to use it as a money making asset as time goes on. Meanwhile the car is for sale on Craigslist for market value as I cover ongoing expenses like insurance and repairs with rideshare. After a few months of flipping I went from a Plymouth Neon to a Range Rover Sport.
I was featured in the comments in the video!
Nah the best is Rodolfo Campa. 🤨
Your 15 minutes of Internet Fame!
You left out the Zonda Cinque Roadster. I have a feeling they will go up in value