Those are some pretty depressing rates considering the cars are exotic. My 2002 Acura RSX had better depreciation that most those cars lol.

 

http://www.rpmexotics.com/index.htm check it out. pretty cool how that company works.

 

A dealer will do anything that will safely make him money.

#1, if you are not at least 35, you're going to have a ***** of a time trying to get this done.
#2, even if you think you can afford it, you can't. What happens when you have a few more miles than you should, and you get into a wreck. One of those wrecks when it's not totalled, but you rather it was. What then?
#3, when your lease is up, all you have to show for it is an empty pocket.

 

How about this

If you have enough equity in your house . . . . .

Pull out a HELOC, buy a $100,000 Ferrari. Drive it for however long. Sell it for $100,000

The Heloc can be a 15 year pay instead of a 2,3, or even 5 year pay. And

THE INTEREST IS A TAX DEDUXTION

 

One problem... if your income drops and you have a loan on the Ferrari, the car gets repoed. Not that big of a deal.

If you owe the money on the house, the house gets foreclosed on and now you're living in your Ferrari. Much bigger deal.

 

That's why you sell the Ferrari at that point.

Housing gives you much more flexibility

 

WOW,

You guys are looking at this all wrong. I bought my C4s cab but I am leasing a a 06 911 tt in florida as well as a 07 bentley continental gtc. You should just use them as company cars that is all I do, that way I dont pay for the lease the insurance the maintainence. I mean who really cares to pay for that stuff anyways. Just make a journal entry at year end credit cash debit drawings sharholder equity what ever. It is that easy!!!!

 

If you have to scrimp and save just to afford a payment like that than you are better off NOT buying/leasing a car like that.. Plain and simple. All that's going to end up happening is that you will wake up one morning and it will be gone because the Repo Man took it..

If total cost of the car is 5k/month, than you should at least make 20k/month. You just don't go from a 30-40k car to a 400k car unless you got a huge raise, or just hit the lottery.