if you need to do 12 year financing, don't buy the car.

 

Its not a house but certainly carries the price of a small house or a condo. Why not get a 12 year term if it you dont get stiffed on the points and it allows you to preserve capital? Another option would be to lease to own. Plunk down a tidy amount for a five year term and buy it out after lease expires. Just make sure you dont end up upside down. Also make sure you dont get into a car that will depreciate too much. Keep in mind that most modern lambos will depreciate like a rock.

-Peter Oh

 

12 year financing for a car is not an option!

 

Why not 12 year finance. The rate isnt so bad on it and I can make much more with the money than dropping it into a car. The interest on the money I hold will pay for the car.

 

Whats that?

 

By the way, if you wait, the 09 models have CCB as standard and you also get revised switch buttons and the rear view camera.

 

Bought one yet ?
If not, I know of this 110 mile example that is available right now :

2008 Lamborghini LP640 Coupe


Balloon White / Nero Perseus
Ci Badge Wheels
Transparent Glass Engine Bonnet
Branding Package
Carbon Package
Grey Brake Calipers
Navigation
i Pod
Black Full Extended Leather
Shiny black hermera wheels
Black mirrors
Red stitching throughout car
E Gear
110 miles


$393,998.00 MSRP

 

TWELVE year financing?! Not a move I'd make, but to each his own.

Enjoy the car if you go through with it.

 

Even a millionaire wouldn't pay $2 for a $1 Coke.

Paying more than something is worth because you have the financial means of doing so i retarded, and quite frankly, I would assume that most people on this forum got to where they are today partially by living below their means and saving while the rest of the country is doing the opposite.

 

Ah, my friend, but there are two different spheres that one should consider. In many cases, people price cars higher because naive millionaires would buy the car. You can be a great businessman (which is why one can afford such a car) but that doesn't mean that you can't be bamboozled or swayed by a keen car exotic car salesman. If it were not for forums, I'm willing to bet that there would be a lot more cases like this.

 

I agree... Nothing wrong with it as long as you are using your money to make more money.... But not to just lower your monthly payment and at the end of the term your "fxxx" upside down.

 

Lots of Lamborghini dealerships seem to be offering the 144 plan. I heard that it's hard to get though. You need perfect credit. The place I went to offered 10-20% down (depending on credit). The other exotic financing they had on the car was the balloon payment method -- low payments and then a big lump sum at the end.

 

apparently its the interior trim option that's black like the gloss on a grand piano. it's inleiu of the carbon fiber interior package.

 

i agree. the rate offered was somewhere around 7-8%, something you can definately beat if you invest wisely.

 

I know for sure that you can negotiate on a Lambo. I was at Lambo Houston yesterday and heard it being done many times.