How rich should you be to buy an exotic car?

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@EdBolian explains what it takes to safely and comfortably afford an exotic car.

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#ExoticCars #CarBuying #CarDeals

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“Ed stop making these.”

-my bank account

mattbeck

That moment you realize why Ed was such a successful exotic car dealer...

ozzinine

Car guys everywhere: "Hey honey, this guy online said I can buy a Lamborghini!"

Kevinscobra

You can live in a car but you can't race a house.

MaxSpeedMike

So in short you don’t HAVE to be rich but it definitely makes things easier 😂

BEARTACS

Dave Ramsey already found and disliked this video

pwrightisright

"All of your bills should be less than 50% of your income."

If more people learned this, there would be a lot less trouble in the world

IamMugs

Update: I still do not have enough to buy an exotic car

Danieltcb

Shrewd negotiation is actually how I feed myself. Money is for chumps.

calmario

The 2 rules I generally follow with this is:
1: Don't ever be upside down on the car's value
2: You should be able to take the hit financially (still be able to pay rent and food) if you wrap it around a tree

anzeg-

This should've just been called "Why Ed Will Never Own a McLaren."

douglasbarton

Quite useful. New title:
How to prevent non-car friends and family from saying “I told you so.”

mikeaninger

Back when I used to maintain McLaren F1’s I calculated that it cost at least a dollar every time you stepped on the clutch!

Sailor

Let me know what other questions I can answer about your exotic car buying goals. Have a great day!

EdBolian

I figure, "don't spend more than you can afford to lose, " so I'm probably in the "not until I can buy it outright" camp.

christophermcelligott

Why be rich when you could just *shrewdly negotiate*

Nar

Ed, great video. Very useful. My first exotic was a 1997 NSX. Bought it at 27 years old, and my dad had to “co-sign” ... but I still have it today with 52k miles, all OEM/stock. Definitely worth it.

bluensx

I ASKED ED BOLIAN FOR ADVICE ON BUYING my civic SI and this dude responded! Fan for life. Respect from Canada

louiss.w

I just forwarded this to my economics teacher with the subject: THIS IS WHAT YOU SHOULD HAVE BEEN TEACHING US!!!

brettbilger

I just bought a 360 Modena using the Ed lowballing tactics. Flew across the country and drove it home. It’s a dream come true even if it’s a POS to the average Ferrari enthusiast 😅

yksierra

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