Business Strategies and Tips: Buying & Selling Luxury Cars
3.5 (150 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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Business Strategies and Tips: Buying & Selling Luxury Cars

Learn how to buy and sell dream cars with this proven system.
3.5 (150 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2,000 students enrolled
Created by Pejman Ghadimi
Last updated 9/2015
English
Price: $95
30-Day Money-Back Guarantee
Includes:
  • 3.5 hours on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Learn how to drive your dream car for less than a tank of gas.
Learn what Dealers are keeping from you
How easy it is to buy an exotic with no out of pocket money
You will learn how supply and demand dictates value
The step by step buying and selling process
You will learn to become an expert car negotiator
You will discover new financing loopholes and systems
How dealers make money, and how to make sure you dont fall for it
You will learn how to outsmart the dealer or the next person you buy a car from
How to create amazing ads to get top dollars for your car
Which specific models and brands to buy
What to look out for so you dont lose all your money in repairs.
View Curriculum
Requirements
  • none
  • Course is backed by Udemy 30 day Money back, so buy with confidence.
Description

"You can own your favorite dream cars every couple of years without coming out of pocket anything. In most cases you drive for free, in some cases you can turn a profit"

In this course, you will learn:

- HOW TO OWN YOUR DREAM CAR FOR FREE

- HOW TO ACTUALLY MAKE MONEY OWNING YOUR DREAM CAR

- EXACTLY WHAT BIG DEALERSHIPS ARE KEEPING FROM YOU

- HOW TO FIND THE RIGHT DREAM CAR

- HOW TO NOT GET RIPPED OFF ON YOUR NEXT CAR PURCHASE.

Buying and selling luxury and exotic cars is more than a business, its about the understanding of supply and demand, forecasting of future values and systematic approach to depreciation. While most ordinary people believe the old tales of buying cars at the end of the month to a get a better deal, or perhaps bluffing the dealer; those rules no longer apply. Today's car buying system is all based on numbers, time and supply and demand and these systematic ways dealers think in order to make a profit from you are available for you to ensure you make a profit for yourself.

In this course, I extensively take you through all the following steps to ensure you can buy, sell, and trade luxury and exotic cars for fun and profit.

- Everything you need to know about the US car market

- The art of supply and demand, and its impact.

- The buying process broken down step by step

- How to become an expert negotiator.

- All the financial loopholes you need to know, so you don't invest your own cash.

- Each car brand and model broken down for you

- How to avoid high repair costs.

- Amazing case studies to help guide you.

I have used this system to personally drive and enjoy some of today's most amazing exotic cars like Lamborghini, Ferrari, Maserati, Aston Martin and so many more. I have owned over 100+ cars in the past 8 years and continue to use this system to ensure I keep having fun without losing money, and in many cases as you will see, I actually make a nice profit.

Stop falling for 0% deals and instead understand the true value of how money functions in the realm of the car industry and how you too can take advantage of it.

This course is backed by Udemy's 30 day money back guarantee

PS: Keep in mind that even if luxury and exotic cars do not appeal to you, the information in this course will save you thousands on your next car purchase.

Who is the target audience?
  • Car enthusiasts who are afraid to buy an expensive car
  • Anyone who wants to own their dream car but believes its out of reach
  • Whoever wants to make money on the side, not working
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Curriculum For This Course
Expand All 37 Lectures Collapse All 37 Lectures 03:31:45
+
Introduction + Who Am I?
5 Lectures 08:37
+
What you must know about the car industry in the US
9 Lectures 39:56


The debt
01:07

The typical car buyer
00:49

The ads, the hook and the dealer wins
02:42

How dealers get paid
00:58

What you didnt know about exotic cars
01:32


Buying my way VS leasing
08:34
+
The Buying Process: Step by Step.
4 Lectures 44:43
What brands and models to buy
15:07

Exotic Car Models and Must know Info
14:42

Where to BUY
02:29

How to Buy and Inspect
12:25
+
The Negotiation Process
1 Lecture 30:25
Negotiation Process from A to Z (Dealer and Private)
30:25
+
The financing
2 Lectures 14:52
The Financing Process, Loopholes and Money Factors you need to know
09:32

In case you want to undertake this yourself instead of using the URL mentioned in video

I have been able to trace a pattern of 3 simple steps everyone can take, especially at a young age, to boost their credit score.

Manipulation of Balances: Everyone knows that maxed out credit cards have a huge negative impact on your credit, but yet very few people realize the importance of manipulating their balances for an optimum credit score. While utilization of credit accounts for 30% of the FICO score, it can easily be manipulated to your advantage prior to applying for a loan which will bring out your credit score.

All you have to do is know these two numbers: 30% and 50%.

Every line of credit or credit card you have, must have less than 30% in revolving balances for the best possible utilization and 50% at the most if faced with a dire situation. It is always better to split balances across multiple cards in order to stay below those numbers.

Remember that your credit score changes almost every single time it is pulled, so be conscious of this before pulling your credit at least 30 days in advance, to ensure you are as optimized as possible with getting the highest credit score.

Open Credit is NOT a Bad Thing: While you hear the media always talking about how having too many credit cards is a bad thing, it certainly isn’t always the case and the word too many is often not correctly defined. You may simply use two credit cards on average like every one else, but having 4-5 total cards will help you tremendously, even if not used on a daily basis.

When you are applying for credit and someone pulls your score, it is very helpful to show you have available credit lines open that show availability to real credit in case of emergency. While most people usually only have credit cards they use, many do not have back up credit cards or even any types of cards to use if just in case.

Staying away from department store cards is certainly a plus but having two lines of credit to help back you up can help boost your score as well as make you look more desirable to a lender.

Authorized Users: This is the biggest and most overlooked category in the FICO. A loophole that has never been addressed is the authorized user trick. While most people believe that adding an authorized user to your card is like co-signing a loan, it doesn’t have to be.

You can simply be added to a credit card and yet never be given access to that credit at all, with the emphasis to help boost your credit.

Here is how simple this trick is. Find a relative or close friend who has a credit card they have used forever and have used well or properly, then ask them to add you as an authorized user. By doing so, and not even using it, you will be given the entire log of credit history and associated points that come with it immediately.

So even though you might be 18 and have no credit experience, if that card is 8 years old, you could have an 800 credit score and show 8 years of credit history. This small trick can help tremendously when getting loans especially at an early age.

In conclusion, remember that your FICO score is nothing more than algorithm that tells a lender the probability that you will default on the credit you are applying for in the next 90 days. While most look at the score as a definition of who they are, it is more a measure of your credit worthiness at that very moment it is pulled and is ever changing. I hope you learned something new about credit and look forward to helping more people get to a better financial state.

How to boost your credit if its bad.
05:20
+
Car Usage and Up keep
2 Lectures 11:30
Rules of Driving
10:33

Timing before resell
00:57
+
The Selling Process
6 Lectures 35:20
Selling process overview
04:28

Private sell Step by Step
16:22

Trade in Step by Step
05:44

Consignment Step by Step
04:14

Negative Equity
02:22

Recap
02:10
+
Case Studies
5 Lectures 17:12
2004 Lamborghini Gallardo
04:35

2006 mercedes CLS55 AMG
01:54

2004 Jaguar XJR
03:21

2007 Aston Martin Vantage V8
03:40

2010 Lamborghini Lp560 Spyder
03:42
+
Get Started TODAY
1 Lecture 05:10
Get Started Today!
05:10
+
Updated list for 2015
2 Lectures 00:00
updated luxury car list
2 pages

Updated Exotic Car list 2015
2 pages
About the Instructor
Pejman Ghadimi
4.1 Average rating
331 Reviews
3,583 Students
3 Courses
Founder of Secret Entourage

Pejman Ghadimi is the founder of Secret Entourage & VIP Motoring, Self Made Multi Millionaire Entrepreneur & Best Selling Author. Pejman Ghadimi shares a very unique perspective on success and entrepreneurship; one that involves the birth of innovation through the impact made on others as well as the human connections we create daily. Through the years Pejman has been recognized for his ability to teach, coach and educate entrepreneurs and business owners worldwide on the core philosophies of true Entrepreneurship but also on today's most extravagant financial loopholes based on luxury lifestyle. He has been featured on Forbes, FOX business, INC, and many other publications.