It’s a miracle that actual discussions are immediately flagged/hidden on here, and posts are landfilled. Then we see garbage like this.
Longest sentence in the history of LHer.
Someone created an account and is trolling.
A better (and legit) post here would be:
What happened to the Urus in the end?
UPDATE
In November 2024, I took my ‘22 Urus back to Lamborghini Las Vegas. I still had 39 months left on the lease and was about 10,000 miles over the allowance. After a month of back-and-forth negotiations, we finalized a deal for a brand-new 2024 Urus S.
The new lease is $3,709/month for 36 months at 7,500 miles/year — a big upgrade from my previous contract at 2,500 miles/year. On the trade-in, I got $230K, and we closed the Urus S at a 10% discount off sticker. To put it in perspective: I paid ~$20K over sticker on the first Urus, but scored ~$25K off on the second one.
This was a major hack to land a fully black-on-black Urus S. I’ll try to post details from the new contract soon, but know this: deals like this aren’t standard or easy. As many of you know, I go by TheCarHacker on TikTok, and this deal took a lot of strategy and deep understanding of the levers you need to pull to land a brand-new car while spending less.
Not that $10k matter or that I care. Just saying.
So you’ll end up paying about $4k+/mo if spread the $20K DAS over, say, 60 mos. Of course, no one knows what you’ll get for the new one in 2-3 years. Still consider that “low cost of ownership”?
Which also means paying about 1/4 mil over those 60 mos (not sure if your pmt is pre or post tax) and not having much equity if any.
This is very cool to see.
Sorry if I missed this, but after the trade into the 2024, what was your effective payment on the 2022?
Lol for a vehicle like this and at this kind of payment, I dont think he’s too concerned about cost of ownership and equity
@Zein enjoy it man!
No idea if he’s concerned or not but he did make that statement. So, asking if he still thinks it applies now that the first stage is in the books.
You’re absolutely right- that’s a mistake on my end. I was indeed $220K. Only noticed after I uploaded the contract to Leasehackr. Thanks for pointing that out.
I like these statements- it forces one to think about the total cost of ownership. The thing is, on the 2022 I knowingly forked over too much money so I can secure the exact car I wanted; it wasn’t about a deal. $20K over is asinine in any world. With that said, the dealership made things right with me in 2024 when I got 10% off sticker. I did post the exact deal and financials for review. This 2nd Urus was more about deal and trying to make me a bit more “whole” as the vehicle depreciated significantly. The unmeasured value is that I drove the 2022 significantly over mileage. This new 2024 has more horsepower, less
Options, but more mileage and I save around $95/month for the remaining 36 months. Overall when you look at exotics it’s a different value prop because it’s more of “what you want” vs “what you save”.
I think it’s a wash right? I paid $20K over on the 2022 and got $25K off sticker on the 2024. Residual is higher on this 24 than on the 22 which is partly why payment is better.
You paid 91k in payments and 20k up front for an effective payment of $4,628. You’ve entered into a new agreement to pay $3,709 over 39 months. Total of $144k. All told paying $255k over the 5.25 years.
I think I’d misunderstood when you mentioned things like break even and another poster mentioned driving cars like this for the cost of a mainstream car.
I reread your posts and see now the goal was to get what you wanted when you wanted it, then flip it to mitigate or eliminate the market value gap, which you’ve done well it seems. Congratulations on the ride and thanks for the info!
This !!!
Congrats on the new ride and your deal.
Thank you! In retrospect, I don’t think I’ll ever “do what I want” again- it’s such an irresponsible and careless choice. $20K+ $3795 for 23 months is $107K on the first one. Now add another $3,709 for 36 more
Months (on the 2nd) is another $133K for a total of $240K over 5.5 years for a $4,008/month effective payment. I mean there’s IDGAF and then “IDGAF- let it burn”. I love my cars more than anything but as I hit 40 I’m telling myself to pull back and start planning for experiences rather than stuff.
Hacking the 2nd lease rightsized the total a little bit but I’ll add that there was a soft value having this car which was immeasurable (meeting VC’s, networking with extremely successful people, etc) you can’t put value on that.
What do you do for a living? Congrats on these Lambos, enjoy them to the fullest!
Thank you! I am a content creator on TikTok @thecarhacker, I am a software sales executive, and I invest in real estate.