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How Hard Is It To Afford a Lamborghini

how hard is it to afford a Lamborghini

So, you’ve had your eye on that one special car and you’re wondering just how hard is it to afford a Lamborghini? Truth be told, it is very hard. There are a few things you can do to make it a little easier, however.

how hard is it to afford a lamborghini

Ways to Make It Easier to Afford a Lamborghini

Let’s face it unless you are super-rich, it isn’t easy to afford a Lamborghini. I’m assuming you’re not a trust fund baby, so you’re going to have to find ways to make affording a Lamborghini a little easier.

Lease Instead of Buying

There is a real advantage to leasing a Lamborghini or any supercar over buying one. 

  1. The payments are lower. You’re looking at about $2,500 a month instead of $4,500 a month. That is with a $15,000 down payment for the lease.
  2. You can get a new car every three years. The typical lease is for 3 years, so you will be turning the car in just as the warranties are ending.
  3. You don’t have to worry about expensive repairs. Since your Lamborghini is still under warranty any issues you have should be covered. 
  4. You won’t have to buy new tires. The tires your new supercar comes with should last you the full 3 years. Since 4 new tires can set you back $1,500 this is a nice savings.

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how hard it is to afford a Lamborghini

Buy Used

I get it. If you are getting a Lamborghini you want it brand new off the showroom floor. That’s perfectly reasonable.

Even so, if you aren’t super-rich and are looking for ways to make it easier to afford this car, then you might have to give a little if you want to find yourself sitting behind the steering wheel of a Lamborghini.

The average cost of a Lamborghini Huracan is around $250,000. You can pay more depending on the accessories. Not to mention a Lamborghini Aventador falls in the range of about $450,000.

If you decide to buy used, you can get that Huracan for around $120,000. Sure, that’s still a lot of money, but it is a heck of a lot less than $250,000.

Not to mention, if you buy a much older Lamborghini you can pick one up for a cool $50,000.

Plan to Finance

There was a time that most people who purchased a Lamborghini paid cash. They had the money and they plunked it down and walked out with their car.

That’s not so common nowadays. People want to invest their cash, so they turned to financing. 

Because of this, there are more financing options now than there were in days past. Even so, you will most likely have to put at least $50,000 down as a down payment.

Salary to Afford a Lamborghini

The rule of thumb is that you shouldn’t buy a car that is more than half of your yearly salary.

That means if you plan on spending $250,000 on a car, you should make at least $125,000 per year. 

Of course, if you want to buy used, you should make at least $63,000 to buy that $125,000 used version. This is certainly not out of the realm of possibility for a lot of normal people working normal jobs.

Related Questions:

What’s the Best Way to Finance a Lamborghini?

While it is not always the case for most cars, the best way to finance a Lamborghini is through the dealership. They have connections to loan companies that will take on this type of debt.

For a normal car, there are better options to finance such as a credit union, your own bank, or even online finance companies such as Lending Tree.

What Are Some Job That Can Afford a Lamborghini?

If you’re just starting out and wondering what type of job you should shoot for so you can afford a Lamborghini you should consider the following:

  • Sports star
  • TV or movie star
  • A small business owner (not your mom and pop stores, but something in manufacturing or larger retail)
  • Youtube star
  • Top gamers

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Can a Doctor Afford a Lamborghini?

Yes, most doctors can afford a Lamborghini. Of course, if you are a doctor in a small, rural area, that might not be the case.

Can an Engineer Afford a Lamborghini?

Not right off when you start your job. There is a good chance you will have student loans and other expenses. 

After working for 15 or 20 years, it is possible an engineer could afford a Lamborghini if they are careful with their money and expenses.

To Sum it All Up:

It is hard to afford a Lamborghini. That’s part of what makes them special. Not just anyone can have one. They are a status symbol telling the world you have made it. Even so, if you buy used or lease a Lamborghini you will find that they are easier to afford.

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