[chris01]

Hey everyone, yesterday I picked up my first Lamborghini. It is a 2004 Gallardo E-Gear, finished in Giallo Midas Pearl with 37k miles. It has chrome cassiopeias, glass engine cover, a full Capristo exhaust system, brand new clutch, new battery, and new starter. The car was listed for sale for 8 hours when I found it - it was a steal, and immediately put a deposit down. I'm going to start my post with a bit of a flashback to college, and work forward through my car history to now. Pic of the G below for anyone eager to see it.

I graduated from a state university in spring 2018. This is the caveat to my story - my parents sent me to college and paid for it. That is a massive advantage, I understand that. With that, I know probably 10s of millions of other students nationwide having their college funded by their parents. If you are one of these lucky people, take advantage of graduating debt free.

I started working full time in fall 2018. I spent money on absolutely nothing if my life didn't depend on it. It was nearly unhealthy how little money I spent. If you are a young adult, don't obsessively save. Does it work? Yeah, but it's not a fun time really, and its sort of unnecessary. Saving is the most important part but you can live a little. Just don't blow money on designer clothes, and pointless stuff you don't have a true need for. I bought store brand food and items for a long time, and still do in a lot of cases. I bought a cheap vehicle that was good on gas for my commute. Find ways to save money, that is the true key.

Finally in 2020, right before Covid hit, I finally indulged into my hard work of saving. I bought a 305whp tuned 2006 Cayman S. It was a blast, and loved owning it! I had the chance to sell it for $500 more than I paid, and ran with the cash with a sale in April 2020. Video of the Cayman

In July 2020 my friend found a very rare 2013 BMW M5 with the 6MT! I drove with a buddy to MD and bought it right then. Immediately I knew I didn't like the car very much - driving it was not that fun. It was a friggin boat! I knew it was rare though and it would be easy to sell. About 25 days into owning it, I listed it for sale. After all fees/taxes I sold it for a nice profit. Looking back, I could have probably sold it for way more, but I don't regret selling it. Video of the M5

In October 2020, I took a huge leap of faith. I had found a 2008 Audi R8 for a great price listed on facebook. The seller told me to act fast, and I was in the midst of trying to decide between that and my friend's brother's GT-R. The GT-R sold quick, so I fell back to the R8. That seller was literally in the midst of driving it to Chicago to trade it into a dealer. I sent him a deposit for the car, and flew into Detroit to pick it up. It was a nerve-wracking experience, but a memorable and crazy one. I LOVED the R8; it was amazing. It did everything I ever wanted, and never gave me problems. I had the chance to sell it to someone who really wanted it though, so I did sell it, exactly 1 week ago from writing this.

Enter, the Gallardo. I have wanted one of these things since they came out in 2004 - I was maybe 8 years old back then. It was unreal how much I wanted one. I've probably spent full days of my life consecutively just day dreaming about having one. I watched youtube videos about them all day, and just absorbed as much as I could learn about them. When the R8 sold, I didn't think I'd find a Gallardo in my budget frankly. I was ready to move with an R8 V10. I looked hard at Gallardos though. By chance, the one I purchased had been listed on Craigslist!!! For cheap, and with great maintenance, namely the clutch. I couldn't believe it, I thought it was a scam, but it was real (which by the way, SO many fake accts and scammers on lamborghini-talk, really dangerous). It was real though, and sent a deposit, That leads me to today! I am thrilled, and love driving the car. The car is unbelievably different and wild compared to the R8, which I did not expect. For the dreamers out there, it is possible, you can do it, and I hope I and others can inspire you to do it too. Have fun along the way and by smart deals on cars like myself; it's fun working up to the Lamborghini, and will help you become comfortable with spending that kind of money.

Edit 1/24/2022 - I decided to compile all this into a watchable video for anyone interested!
YouTube Video

That's all for now. Feel free to ask questions.

Long story but, I broke the key hole cover off. Going to fix that obviously.

 

[MOB]

Congrats. Enjoy the new G!

 

[Russk]

Congratulations, dreams do come true!

 

[Lambo2018]

Great story thanks for sharing! BTW, love that Giallo Midas Pearl, looks very cool.

 

[chris01]

Appreciate all the kind words, thanks everyone. Dreams come true, cheers to many more people making their dreams come true @MOB @Russk @Lambo2018

 

[Jboyl03]

Niiice!! That’s awesome man. I enjoyed the story. Also, the car looks super clean!

 

[chris01]

Niiice!! That’s awesome man. I enjoyed the story. Also, the car looks super clean!

Thank you very much! Glad to share the story. I'm sure at least one other "dreamer" browsing the forum is in the same shoes as myself. I've met a couple other kids my age who have done the same with Aston Martins, R8s, Maseratis, Porsches etc. Hope this post helps some folks realize it's all doable.

 

[Lambo2018]

I've met a couple other kids my age who have done the same with Aston Martins, R8s, Maseratis, Porsches etc. Hope this post helps some folks realize it's all doable.

Whatever your ride it's all good. They have the rest and you have the best.........a Lamborghini!

 

[chris01]

Whatever your ride it's all good. They have the rest and you have the best.........a Lamborghini!

I think I have had some awesome cars in my life thus far, and nothing is on the level of the Gallardo. The R8 I thought would be the same - completely wrong. The character of this car is so unique. It's nice to be able to share it with people and make their day too - nobody really batted an eye at anything else I had. I've probably let 10 strangers sit in it, photograph it, etc. The reactions are priceless and they are thrilled. To be able to give that happiness to people with "just a car" is incredible. Makes me so happy.

 

[Lambo2018]

Be careful with your attitude.......it's bound to take you far! Rock on my friend!

 

[chris01]

Appreciate that very much!! @Lambo2018 😁

 

[Lambo2018]

Appreciate that very much!! @Lambo2018 😁

 

[Lee T]

Beautiful car. Life will never be the same.

 

[chris01]

Beautiful car. Life will never be the same.

Thanks Lee, I remember you replying on a couple of my previous posts. Appreciate that. Hope things are doing well down in Cow-town - I still miss DFW. Might end up back down in DFW or Austin at some point in the next couple years.

 

[AzusilApps]

Appreciate you sharing your story, and congrats on making it into the Gallardo club.

I think the biggest takeaway for me was you mentioning how unnecessarily frugal you started out, as that's something I had to learn as well. Thought I was doing myself a favor, but after a point you ask yourself what you're saving for if your life is bleak because of it. Continue on your path of progression in life, and best wishes!

 

[chris01]

Appreciate you sharing your story, and congrats on making it into the Gallardo club.

I think the biggest takeaway for me was you mentioning how unnecessarily frugal you started out, as that's something I had to learn as well. Thought I was doing myself a favor, but after a point you ask yourself what you're saving for if your life is bleak because of it. Continue on your path of progression in life, and best wishes!

Thanks a bunch man, really appreciate it. You're exactly right, I was definitely living a "bleak" live to a degree. Saving money kinda became an obsession. I'm still kinda crazy to this day lol, but if you aren't careful it's really easy to burn through money; I watch kids my age do it all the time. People are shocked I have the car, and obviously it's no small feat, but if people in my position set a conscious goal to save, they can make a dream car like this, or any other big purchase a realistic and achievable goal!!! Like I said, there's 10s of millions of kids who will graduate debt free this year. I know for a fact at least one of them has a few screws loose and wants one of these cars as bad as I did. My hope is to just show young people "yes it is possible, go get it." Just make sure to cut the bs out in spending and anything is possible; and it's ok to have a little fun along the way 😁

 

[Lee T]

Appreciate you sharing your story, and congrats on making it into the Gallardo club.

I think the biggest takeaway for me was you mentioning how unnecessarily frugal you started out, as that's something I had to learn as well. Thought I was doing myself a favor, but after a point you ask yourself what you're saving for if your life is bleak because of it. Continue on your path of progression in life, and best wishes!

Great point. I am frugal sometimes to stupid levels but then will go out and buy another Lambo. I will do my own plumbing repairs(because I can) but pay someone to mow the yard. I think starting out learning to save and be frugal is a great way to become successful. I buy expensive stuff for the cars without thought but hate to see money wasted by my employees. Mine frugality must be very selective now. I still get buyers remorse over large purchases even though they mean nothing in the big picture. I have no problem buying things that will hold value over time or make me money but hate to waste money. I guess I see one as spending and the other as investing.

 

[AngelOfMurci]

Great point. I am frugal sometimes to stupid levels but then will go out and buy another Lambo. I will do my own plumbing repairs(because I can) but pay someone to mow the yard. I think starting out learning to save and be frugal is a great way to become successful. I buy expensive stuff for the cars without thought but hate to see money wasted by my employees. Mine frugality must be very selective now. I still get buyers remorse over large purchases even though they mean nothing in the big picture. I have no problem buying things that will hold value over time or make me money but hate to waste money. I guess I see one as spending and the other as investing.

Lee,
It’s called bread and butter lifestyle

people that spend money on ‘BUTTER’ see their money go to things that don’t appreciate with time.

people that spend money on ‘BREAD’ see their money go to things that appreciate with time.

people that live paycheck to paycheck tend to spend it on BUTTER

Wealth building is almost always associated with BREAD spending.

my advice to young people is to purchase a home vs. renting. Avoid high mortgage interest. Go to a 15 year mortgage. Don’t own a new vehicle. By a reliable 3-5 year old car. Learn how to perform basic vehicle maintenance (oil changes, brake pads, battery, alternator replacements). I can do a $500 brake job for $120. With 5 cars, I save $3800 every two years. Learn basic home maintenance (wiring, plumbing, tiling and painting).

basically, during wealth building, one should do everything you can to prevent money from leaving your wallet. Avoid BUTTER. Buy BREAD. There does become a point when you can relax and start to buy BUTTER. However, like you, principal often comes into play. For instance, in my neighborhood, Dutch elm diseased trees need to be cut down immediately. Tree companies will charge anywhere between $2000 and $4500 to remove the trees!!!! What the heck. It takes 5 minutes to cut down a tree into small stumps. One hour at max to remove the tree. That guy is effectively getting paid $2K-$4K per hour!!! Does that make sense on any planet? My neighbors pay the fee. I do the work myself. Over the years I’ve saved around $25K.

people are too impatient to be frugal

 

[Lee T]

Those are great insights Angel. I see poor people make really stupid purchase decisions every day. They are destined to remain poor unless they change their fundamental outlook on money and spending. How many people do you see spending large chunks of their paychecks on lottery tickets ? Odds are terrible but they often waste 5 or 10 % of their total income. Absolute idiocy.

 

[AngelOfMurci]

Those are great insights Angel. I see poor people make really stupid purchase decisions every day. They are destined to remain poor unless they change their fundamental outlook on money and spending. How many people do you see spending large chunks of their paychecks on lottery tickets ? Odds are terrible but they often waste 5 or 10 % of their total income. Absolute idiocy.

Time seems infinite when you’re young.
The youth have time on their side. They should make time work for them. Ie make your money work for you. The easiest low labor thing you can do.