Lamborghini makes some of the most powerful and luxurious cars in the world, but can anyone buy one?
While in theory, anyone can buy a Lamborghini, it’s actually an extremely unachievable goal for anything but the world’s highest earners. You need a massive salary or bank account to afford one, and the running costs are monumental. Also, they’re quite exclusive and hard to come by.
Read on to learn more about Lamborghini, how tough it is to buy one, and the easiest method for acquiring one.
Learn A Little About Lamborghini
When Ferruccio Lamborghini founded his company in 1963, he had a vision for high-class, high-performance touring cars. He had lofty goals to ultimately compete with Ferrari, offering an alternative in the Italian automotive stakes that would truly stand out.
Throughout the sixties, Lamborghini saw considerable success, which grew exponentially into the seventies. Although there was a global downturn in 1973, Lamborghini refused to flounder and persisted, with the brand changing hands to avoid liquidation.
However, that move was a dicey one, and Lamborghini did file for bankruptcy in 1978. It wasn’t forever though, as expert businessmen Jean-Claude and Patrick Mimram purchased and revived the company in full in 1984, investing massively to expand the brand.
Within a few years, they’d created and launched (to substantial success) a string of new Lamborghini models. Once they’d had their fun, the name changed hands again, this time transitioning to the Chrysler Corporation just before the nineties kicked in.
As the twenty-first century approached, Lamborghini began designing and creating more luxurious and super-powered vehicles than ever before. The name passed to a new owner for the final time, with the ownership being assumed by the Volkswagen Group in 1998.
Today, Lamborghini manufactures some of the finest super- and hypercars in the world, with exorbitant price tags. It’s an intensely exclusive brand and few people in the world can actually afford it.
Putting A Price On Exclusivity
You’ll be hard-pressed to find a Lamborghini brand new for less than two hundred thousand dollars. At the top end of the spectrum, you should be expected to pay around half a million for a well-equipped model.
With that in mind, it immediately becomes obvious why the ‘average person’ couldn’t afford a Lamborghini. It’s just not achievable on standard or average salaries, even if you opt for a loan or finance deal.
There’s not a creditor in the world that would give you a loan or finance package unless you had the salary to back it up, so take that option off the table. According to one expert who crunched the numbers, you’d need a salary of around $480,000 a year to be able to buy a Lamborghini outright.
That’s leagues beyond the average salaries – even in the District of Columbia, where the average income is around $87,000. It’s probably the leading reason behind the lack of politicians cruising down to the Capitol in a Lamborghini Aventador.
Lamborghini isn’t just an expensive brand, it’s also considerably exclusive and hard to come by. The Italian manufacturer releases some limited edition models of which only a few dozen will be built.
Even the most common Lamborghini models are rare and almost always built to order, particularly as owners often opt for high customization. When you’re spending a quarter of a million dollars on a car, you best believe you can tune it to your own desires.
So, How Can You Get One?
It’s simple – you need to buy a used Lamborghini.
When you opt for a used car, you’re taking away a huge portion of the price tag, stripping it of its exclusivity, and avoiding any judgemental showroom staff. It’s a widely-known fact that when any brand new car leaves the lot, it instantly loses around a quarter of its value.
Therefore, you can go on to websites such as Autotrader or eBay and find someone in the local area selling their prized Lamborghini, and reap the benefits. As I write this, there are three hundred and forty Lamborghinis for sale within two hundred miles of my home on Autotrader.
If I sort from low-to-high, I discover that, surprisingly, I could buy a 2006 Lamborghini Gallardo for seventy-seven thousand dollars. It’s an older model, sure, but it’s still impressive – and it’s a Lamborghini.
You’ll need to be much more careful than you would buying a standard used car, though. It’s great advice to attend a viewing with a mechanic who knows what they’re talking about, just to make sure you’re getting the best deal possible.