Can You Really Drive a Ferrari or Lamborgini Without Losing Money?
Exotic Car Hacks
is really a different way of viewing assets. While you might not make a lot of from , you could drive your for less than owning a .
Useful if you live in the United States, not enough resources for outside of US.
Tons of value not only in training, but in the buyers guides and case studies as well.
Ease Of Use
Members area is a bit confusing and not pretty, but functional.
With the Facebook group and Pejman’s constant posts, support is excellent.
What I liked
What I didn't like
When I first heard about , it was way back in 2016 when I first started online marketing. I came across Pejman Ghadimi’s channel and was intrigued by his videos.
He is very charismatic and a little rough around the edges, which is what I found appealing. In the one particular video, I watched he talked about negotiating with a to get the best price.
I came across the video because I was looking to buy or a . He was talking about buying a …
I clicked on his website, went onto the landing page – but didn’t pull the trigger because the was $97 at the time, and everything looked too good to be true, so I wrote it off as just a .
(He also seemed to get a little unhinged with the trolls at the beginning of the video, lol)
So I didn’t buy the and went ahead a bought a used Civic that was already in an accident and had some minor body damage. I bought the because I thought I got a good price and really wanted to get rid of my older while it was still worth something.
Almost 5 years later, I still own the same , except now it’s worth much, much less than what I originally paid for it because of . Looking back after going through (ECH), I realize that I could have potentially owned something MUCH nicer and not have lost as much at the .
So in this , I will be going over exactly what you can expect to get with ECH and who it is for and who it isn’t for.
What Is Exotic Car Hacks?
is a by Pejman Ghadimi designed to help you get educated on buying an at the best price possible and then resell it a year or two later for a similar price.
Going through some of the marketing material and videos, I see that it sometimes seems like is a way to make off of any or .
However, after going through the , it is apparent that it is not realistic to really make much off . It is also not as easy to buy a from a delivership and flip it for a profit. This might be a bit disappointing if that is what you are expecting to learn.
But it really shouldn’t be.
The cars, but it’s about owning an for a short amount of time without losing on it.‘s whole point is not about making buying and driving
Instead of thinking of a as a pit, you learn that owning an is more like having a bank account.
This is a huge mind shift for most people, and I found it valuable insight.
Who is Pejman Ghadimi
Pejman Ghadimi is the behind . If you are like me, you probably know him for the ECH channel.
He is also an author of The Third Circle Theory, a popular book on entrepreneurship that has sold over 300,000 copies since 2013! I used to publish on Kindle, and that is a huge accomplishment for someone who is self-published author and keeps most of the profits.
Pejman also runs several successful businesses such as , Secret Entourage, and Watch Trading Academy.
Is a Pejman Ghadini Scam or Legit?
Now I know, if you look at Pejman Ghadini and you have been in the online marketing space for a minute – he screams cars in the background raise a lot of red flags.! The Donald Trump colors, the
Yes, I know successful people wear nice suits and drive nice cars, but in the online world, many scammers dress like successful people to appear to be something that they are not.
One thing I look for before I buy a new videos and seeing if any other Youtuber has called them out as being a . is to see if the creator is or not. One of the ways I do that is, of , going through their
All of my checks of him passed, but I wanted to get to know him a little better, so I listened to a bunch of interviews with him to see if he was full of shit or not.
From all the interviews I listened to, particularly the one with Mike Dillard where he really went into explaining , I came away with the impression the Pejman definitely knew what he was talking about and was not talking out of his ass.
Is Exotic Car Hacks a Scam?
Ok, so Pejman Ghadini passed the sniff test, but some guys can come across as but then sell you a bunch of horse shit.
So is a ? Well, the reason why I initially even looked at the again was that it was recommended to me by my friend Greg Jeffries.
After going through Pejman’s channel and listening to his Podcasts, I decided to join his Webinar, take the plunge, and purchase and take the .
I went through all of the videos in less than a day, and after watching everything, going through the different buyers’ guides, and checking out the ground, I can say that is NOT a however it not as easy to as it seems.
What Do You Get Inside?
Exotic Car Hacks Training
The first part of the member section is the training area, the main component.
The entire training took only about 4-5 hours to get through from start to finish. I was initially disappointed with this section because I was expecting more in-depth videos at first, but then I realized that there were more training areas to go through.
Although not technically a part of the member’s area, you need a membership to get accepted to the ECH group.
In it, you will immediately see that it is a very active group filled with questions and its surprising the amount of there are along with success stories.
I personaly quite enjoy the group as it gives you a real idea of what is possible in this and what isn’t.
This is the area where Pejman recommends , insurance companies, transportation companies, and finance companies he has dealt with in the past and has had a positive experience with.,
He also has a blacklist of different dealers who are dishonest or untrustworthy.
Being in Canada, I wished was that there were more resources for students outside of the US.
Pejman has a whole ton of buyer guides available for most cars on the market. These guides are a great resource as they tell you what cars are good for , what years to look out for, and what specifications they should have.
Simply put, you might think that getting a base model version of a might be the way to go, but it can actually hurt you later on because there is not enough demand out there.
The case studies in are an interesting section. Pejman details the different hacks he has personally done and gets into the nitty-gritty details to understand his mindset.
Pejman has done over 100 hacks, and he puts out case studies every 2-3 months – but you have access to all of his previous case studies, so there are lots of articles to browse through.
Pejman has case studies for everything from Ferraris, , , to (which is a fav).
From these type case studies, Pejman goes through exactly how much he paid for cars at the and how much he sold them for.
Who Can Benefit From Exotic Car Hacking?
The truth of is that not everybody will be able to do it. To help you figure out if this is for you, I will list out who could actually use this vs. who this is not meant for.
Exotic Car Hacks Is For You If…
- You have a good credit score
- You love cars
- You can afford a $300 US monthly payment (minimum)
- You make more than $50,000 / year
- You live in the US
- You understand that the goal isn’t to make money, but to preserve money
Exotic Car Hacks Isn’t For You If…
- Your looking at as a reliable way make to
- You think you can buy a $100,000 with a $30,000 income
- You commute a lot and only want to use one
- You’re looking for passive income; involves a lot of work
If you want to get the most of the , make sure you understand what is realistic and realistic. If you want to buy a , you will need to have the income to support the monthly payments and be willing to not drive it every day into work.
is about buying the at the very best price and then holding onto it for 6 months to 1 year and not losing much in .
Also if you are in Canada, forget about this in the same way as they recommend in this .. There is no real way you can with
Overall I think is an interesting for those that want to preserve their wealth through vehicles.
What would you rather do, have $100,000 sitting in a bank collecting .5% a year or putting $10,000 in a $100,000 and paying $1000 a month and getting that $100,000 back?
After going through the , I know that those types of deals are possible with a lot of work, but they require patience and some guidance.
ECH doesn’t feel like a complete , and is more of a paid advertisement to get you into a larger funnel where they guide you from point A to point B to buy an .
Also if you only have one , ECH is probably not a good choice. When doing this type of , you are going to need one commuter that you can rack up miles on.
ECB is strictly meant for cars that you only drive a few thousand miles per year.
So if you have the budget, and you live in the US – this is good . Just know that you probably won’t be able to do it all yourself.