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Pejman Ghadimi

👤 Person
270 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So even if you're making your payment, even if you're, let's say you can't afford to buy a quarter million dollar car cash, you're still paying your monthly payment like a normal payment. But at the end, when you go sell your car, you actually recoup that payment because it's not equity in the car.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So even if you're making your payment, even if you're, let's say you can't afford to buy a quarter million dollar car cash, you're still paying your monthly payment like a normal payment. But at the end, when you go sell your car, you actually recoup that payment because it's not equity in the car.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

And you ultimately, the car itself hasn't actually depreciated from the purchase price that you actually bought it for.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

And you ultimately, the car itself hasn't actually depreciated from the purchase price that you actually bought it for.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So I know all those people really well. I actually bought one of Dan IM's previous cars. And I'm very close friends with Andy. And I also personally collect cars. So those collections not only don't depreciate, they actually appreciate. So that's like the tier level of the collector spectrum where you're buying cars that are so rare and exclusive, like I personally do.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So I know all those people really well. I actually bought one of Dan IM's previous cars. And I'm very close friends with Andy. And I also personally collect cars. So those collections not only don't depreciate, they actually appreciate. So that's like the tier level of the collector spectrum where you're buying cars that are so rare and exclusive, like I personally do.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

That's not what I teach every day because that's a very small group of people. But you're buying cars so exclusive and specs configurations are hard to get models that they're immediately significantly in higher demand on the used market because most people can't get them on the market.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

That's not what I teach every day because that's a very small group of people. But you're buying cars so exclusive and specs configurations are hard to get models that they're immediately significantly in higher demand on the used market because most people can't get them on the market.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So that's a difference here because that's like, hey, I have all the money in the world and I'm just buying a ton of shit. But when you're normal and starting up, you usually look at your most people will will comfortably buy a Range Rover. They'll be like, oh, that's my luxury kind of like I bought myself a Range Rover, a really nice Volvo.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So that's a difference here because that's like, hey, I have all the money in the world and I'm just buying a ton of shit. But when you're normal and starting up, you usually look at your most people will will comfortably buy a Range Rover. They'll be like, oh, that's my luxury kind of like I bought myself a Range Rover, a really nice Volvo.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

For the price of that Range Rover, they could probably have a Lamborghini Urus or a Rolls Royce Cullinan. Those are cars that they don't think they can afford usually when they buy the Range Rover because they think in conventional mindset of if the payment is $1,000 a month on the Range Rover, it's $3,000 a month on the Cullinan. So therefore, I can't afford a Cullinan.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

For the price of that Range Rover, they could probably have a Lamborghini Urus or a Rolls Royce Cullinan. Those are cars that they don't think they can afford usually when they buy the Range Rover because they think in conventional mindset of if the payment is $1,000 a month on the Range Rover, it's $3,000 a month on the Cullinan. So therefore, I can't afford a Cullinan.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

That's like $2,000 of extra money. But it's not true, though, because even though you're spending $3,000 a month maybe for the Cullinan, if you're buying the right Cullinan, that money is still parked in the car. But that Range Rover will keep depreciating over your lease back down to basically a wash of 40, 50K after like three years of ownership.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

That's like $2,000 of extra money. But it's not true, though, because even though you're spending $3,000 a month maybe for the Cullinan, if you're buying the right Cullinan, that money is still parked in the car. But that Range Rover will keep depreciating over your lease back down to basically a wash of 40, 50K after like three years of ownership.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

But that same Cullinan, which you could drive the exact same car, might cost you 15 grand over three years. But it's a Cullinan. So you got to drive a Rolls-Royce for less money than a Range Rover. Now, I wouldn't say you got to drive a Rolls-Royce for less money than like on the Civic.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

But that same Cullinan, which you could drive the exact same car, might cost you 15 grand over three years. But it's a Cullinan. So you got to drive a Rolls-Royce for less money than a Range Rover. Now, I wouldn't say you got to drive a Rolls-Royce for less money than like on the Civic.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

But if you're going to buy a Range Rover anyways, why not get a Lamborghini RS or Cullinan and save the money?

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

But if you're going to buy a Range Rover anyways, why not get a Lamborghini RS or Cullinan and save the money?

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So both. Like... The cars you mentioned earlier, those two people's specific collections, are filled with cars that are very exclusive in nature. So they're not just a Bugatti. They're like a carbon fiber Bugatti, which is like a full exposed carbon final edition like Super Sport is incredibly hard to get. And it should have been ordered like three years ago. It finally came in.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi 💎 E122

So both. Like... The cars you mentioned earlier, those two people's specific collections, are filled with cars that are very exclusive in nature. So they're not just a Bugatti. They're like a carbon fiber Bugatti, which is like a full exposed carbon final edition like Super Sport is incredibly hard to get. And it should have been ordered like three years ago. It finally came in.