I Discovered a Massive Lamborghini SCAM in California

Today's a video that I really never thought that I'd actually make because I didn't realize that this was even really possible until a couple of weeks ago. I was searching the Internet to buy a couple new aventadors, and I came across an avetador that I had just sold. And I was like, yo, this car looks really familiar to me. A dealer had a mine previously 2013 eventsadore for sale that I had recently purchased about four months earlier from Hulgarian Coach of beverly Hills. Of course, there was a small change in this event. The door, though, and it had to do with the miles. The odometer was wrong. And I was like, that can't be right. It's probably a typo.

Small, but big.

Well, I guess it's a really big deal if you're buying that car, right? So I bought this car from a Gear coach, and I actually took a picture of it, of my contract, because I went to go look and I was like, hey, this is kind of fishy. So on what was the date that I bought it? What does it say here?

Crap.

Assuming top right on their paperwork, it doesn't have a oh, here it is. April 8, 2021. The card 11,976 miles. Okay, so I was like, wow, that's a good deal. We got a good deal on the car. We paid, whatever, 250 for the car and we started renting it. So usually we put 5000 miles on a car and then we sell them to avoid massive depreciation, right? So I wholesaled the car to a wholesaler, and then that wholesaler goes and sells the car to a dealer. Or the dealer buys a car from they sell it at auction or whatnot, right? So the car at that time had.

When we sold it, 16,044 miles.

16,044 miles, pretty much right at that four to 5000 miles mark. Plus the aventador in the summertime. See, the real reason we sell the Avenzadores is because it gets really hot and eventsadors are not able to be driven in plus 105 degree temperatures. It actually says it in your manual that your warranty is void if you drive in those conditions. Which is kind of funny, kind of stupid at the same time. But in the middle of June in Las Vegas, it's pretty rough, really, 157,000 degrees, but it's about 120. So we had the car for about two months, and that's a pretty good time. Then we average about 2500 miles a month at royalty, which is a pretty good number. Okay, so we made our money, we got rid of the car and we sold it. So this ad, the miles on the car were are you tired of driving.

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Yes.

So I bought the car Eleven 976. And on the thing, it said, like, eleven 960 something, right?

Yeah.

And I was like, okay. But on the ad, the physical ad right. Because the carfax said 976. Because that's what I bought it with. On the physical ad itself right. There was a picture of the Odometer at less miles. The point is that this guy rolled the miles back.

Okay?

I bet a lot of you are wondering why we had this dealer miles rollback video up for five minutes and we took it down. That's because something wonderful happened. Like, legit wonderful. I feel like if one thing has gone right in YouTube, this is the thing.

Okay?

I'm actually being real. We made the video about the events of Ore. And I didn't name the dealer that the car was at because I never made contact with the dealer. I just saw the pictures online and this, this and that. So the aventador I sold to a wholesaler in Los Angeles, and the dealer, Carrier Motor Cars, bought the car from him. So the wholesaler in Los Angeles, I guess it was the one that made this complicated scenario for everybody. So Carrier motorcars, the owner of Carrier, called me literally, like, I don't know how he got the phone number, but he called me immediately. He said, bro, take that video down right now. I had no idea. We got to fix this. I don't want anything to do with this. I'm not that guy. I don't want to get in trouble. He was, like, so adamant. I immediately paused the video. We had a 30 minutes conversation, and we put the pieces together. So Jacob, the guy that owns kario, he went through, and he still had the car. He took it and and everything got offline, all that stuff, and he got it all fixed up.

Okay?

So that was really, really cool. And he reached out. We went through all of our inventory that he's ever bought from this wholesaler, and everything was resolved. Nothing else had actually been changed. I think the other event store that we were referring to was Unmistaking Pictures, because that car, the titling and all the paperwork, the bill sales all worked out. So it's kind of a one time situation that obviously won't happen again because we brought this major video out about it, and it got, like, 12,000 views in the first five to six minutes of it. And that's a lot of people, people were writing like one star reviews on Karao's thing. And I feel bad. Anybody who did that, please take him down. Because he had no idea and he was doing his job right and he made the most immense effort to fix the situation. So I'm just basically going to cut this clip and input it in the video and put this video back out so everybody knows that he was doing the right thing. That he's doing the right thing.

Right.

So to that point, I feel accomplished. I feel like we fixed something. So there's so many things that happen in this business that people ignore and they go down. And I'm glad that we put this to light because everybody is like crossing their t's, dotting their eyes and it keeps everybody on their toes.

Absolutely. It's a real thing.

It's a real, real thing, right?

Very real.

Luckily, this one got fixed and we can move on. So I'd like to cut this right here, right now, so we can get into the cool part of this video where we talk about the car market.

Car market.

And so everybody wants to know about impending doom of the car market. It's carts. Now, to make matters more simple, the point of this video is to alert you guys of people that are rolling these cars back. And I really want to make sure that you understand that if you go to a dealer that's not an authorized lamborghini dealer, they don't check the cars, they don't go through the miles and the transmission computer. They just look at the odometer. They don't have the tools, and the software do that. So you typically are taking a great risk, especially right now with COVID It brought out everybody, scamming. Everybody. And this is no different because those cars went up so fast in value. 5000 miles could mean 25,000, 30,000 extra dollars on the price. But it could mean more than that during COVID because the car market is so wild that every mile is like it's unbelievable. So an event throw that used to be 250 is now 300. So rolling back those miles is probably even more lucrative today than it was last year. It's pretty scary. The idea is, if you're going to buy a new car, we got to figure out how do you get the safest purchase, how do you make sure that you're not going to get scammed?

Right? Absolutely.

So where do we buy our cars?

From?

Dealers.

Yeah, but which dealers? I mean, we bought all of our cars new except for fenceors because they really don't make those new anymore.

So lamborghini, las Vegas. Ferrari.

Not Ferrari. Ferrari honolulu. Oh, well, for another day. Yeah, that was us. Anyway.

Mclaren, Newport Beach.

Yes.

So lamborghini, Newport Beach. Basically, we're looking at Las Vegas at Newport Beach.

Right.

And we have the help of a long term business relationship of mine, luxuries Partners.

Right.

And I wanted to bring them up in this video because it's really important to have a solid team behind you when you're building a business like mine or purchasing personal cars. So for my business, I've been recently able to expand my business, and I've gotten a line of credit and some business financing, and we've been able to grow with luxury lease partners. The luxury lease partners doesn't really specialize in business stuff. They specialize in personal cars, and they're some of the best people in this business. I've used them for probably three and a half, four years now, and it was small in the beginning, and now it's big.

Right.

And it allows us to really give the customers a better customers a better experience here because we're able to access newer and better cars like the brand new Hurricane sto we just got. That car is $400,000.

Very expensive. Right.

And so they were able to help me get the allocation and find the car. And the guys on that team are wonderful. So they also make sure that these cars are not previously salvaged or in accidents that are not reported or mile rollback. They do all their own investigation and make sure that because they're actually purchasing these cars and leasing them to you or financing them to you, whatever you may call it. So it's a really big deal.

They do this all very quickly.

It's a couple of days. I'm not trying to make it a commercial for them. I'm just trying to make sure you guys understand that it's so important to not be stuck with that car. So let's say it's called tmu true mileage unknown. Let's say you bought that invented or out of Florida, right? You're screwed. You just bought this aventador, and you take it to lamborghini. You're not eligible for any warranty. You're not eligible for any service work. Nobody will touch that car. And that car becomes basically a paper weight. You're going to lose 50% of its value overnight.

Right.

And we've got to hold someone accountable for that.

Absolutely.

And that's the biggest problem, because if I buy a true mileage unknown car, I'm screwed. There's no way it's going to be sold. So if you do get stuck with a car that has some mileage issues, you can go, like, to the dmv, to the local authorities, the Attorney General, and there's a lot of protections for anybody that's in this problem because they're not allowed to do that. Their licensed dealers are going through rigorous background checks and everything in most areas, but they still, for some reason, seem to want to scam everybody. So you got to go and talk to the local Department of Motor Vehicles. I'd say that I can remember, and it's not my friend. Those are not my friends. I'm not a big fan of the dmv, but they just make my life really hard. But anyways, besides all that, it's really important to do your due diligence.

Right.

And I feel sorry for whoever bought that event or whoever bought my green event or because it's a really bad situation to be in. So if you did buy that silver card, you literally should or, you know, who bought that car should go back and ask for your money back immediately. Call the state of Florida, because that's that's really messed up. Tony, do you think that there's anything else that we can help anybody with?

What what are the what are the best ways to protect yourself from buying a car?

Definitely having someone in your corner.

Right.

Like, you don't want to blind. If you're searching for your first used lamborghini or used supercar, you definitely do not ever want to buy it from some untrustworthy person.

Right.

Go buy it from a franchise dealer. You may pay a little bit more, but it's for good reason.

Right.

Lamborghini. Dallas lamborghini. Houston. lamborghini. Las Vegas.

Right?

I love Las Vegas. You know, I mean, I buy the majority of my cars from Newport Beach in Las Vegas because they're amazing people to work with. You know, you have Georgia over there at Las Vegas and Rod. And then you've got Sebastian at Newport Beach. These guys are amazing people that you never have to worry about them being dishonest with you. Second, when you're financing these cars, you want to make sure you're not getting screwed. A lot of dealers and not the big franchise to those that I'm talking about, small. Among the popcorn add points on the back end of your loan. So you'll go into a car at $250,000. You'll finance the car, and if you go to your payoff one month later, you can owe of $275,000. And you're like, how is that possible? The car was 250. Well, they add all these points in the back end of your loan and get referrals and credits and this and that, and you end up paying for that. And a lot of people don't realize that when you go through these lease companies, there's a lot of weird back end fees that they add to your loan.

So it's very important, and the interest rate is complicated. So you have to make sure you're dealing with a really responsible company that is doing you a good favor of helping you get this car to increase your odds of owning the car.

Right.

Because you're not set up for success if you've got a bunch of fees and 20% interest.

Right?

Absolutely. Also, with the market the way it is right now, where do you see it going in the next six months, and how does that affect car buyers?

It's really a tough conversation to have right now. If you look at the car market, it's probably a 40% overvalue.

Right.

I mean, it's really a high number, but it really is like that. I mean, it truly yeah. You know, my the cones are wild. They're $75 to $80,000 over sticker for a black badge, 25 to 50,000 over sticker for a silver badge. And that's just a Rolls royce. Rolls royce's are typically the most heavily depreciating cars on the market. You can look at the ghost at 400,000 new. Five years later, they're $100,000.

Right.

It's 25% of its value. The cullinan is a great opportunity to own a really cool car, but it's a very expensive car to own, and you got to be careful with that. But when you look at the car market, it's all about supply and demand. If the supply is extreme, right, you get discounts and you get deals. And dealers are kind of struggling to sell the new cars. Manufacturers give kickbacks. If the supply is zero, then the used car market goes wild. That's what's happening right now. So the supply of new cars is next to nothing. I had twelve allocations from Newport Beach, and they cut me down to six, and I still haven't gotten one this year. I was already supposed to have six cars this year from Newport Beach, which made the video on I got zero. So hopefully I can get two, three before the end of the year.

Right.

The mclaren altura should have already been I already should have had two by now.

Right.

And we're looking at that was supposed to be in June. We're looking at? Maybe September.

Right.

So that being said, when supply comes back in the market, manufacturers are hurting just as much as the dealers are hurting.

Right.

Manufacturers need to sell cars, so they're going to increase the supply as much as they can in 23, 24, 25. So you're going to see an overabundance of the lamborghini Europe.

Yeah.

The cullinans. So you got to be really careful buying those particular cars. They already make low production sports cars as it is, right? Hurricanes 48. Sorry, f eight. And now that the 296 is coming out, you'll see that car. But I would expect there to be a 25% pullback once production goes to normal and dealers have cars to sell new on their lots.

When in the future, what do you see as being our eras? kuntash diablo and high value cars?

They're cars that have zero screens in them. Think about your iphone, right? And I hate to say this about electric cars, but really, any technology, when you get into the bugatti beyon, there's no screens, there's no tech. It's all beautiful. The car will never age.

Right.

Aesthetically, it's subjective, but at the end of the day, the car will never age. You get into like, a 2007, 2009 Mercedes S class, and it's got these weird buttons, and all the screens are green, and you type your phone number in there and all that stuff. That car is worth $10,000 today, and it was 130,000 new.

Right.

The cars that will not age are going to have no tech.

Right.

That's why I'm such a huge fanatic of my phone intex dcx because I truly believe that it's going to be like the next mclaren F one, right? When the f one was before mclaren started selling cars to the public, besides just the race car, they were 600, 801 million, right? The f one really was never an expensive car. Now, the mclaren is a big company and they've got all these cool new cars. The f one was their og car. It was the stick shift. It was basically the only manual transmission mclaren pretty much ever made.

Right?

That car just recently sold for $20 million last weekend. And that's that massive jump. So, to my knowledge, there's six speed manual koenigsegg ccx in America. If there's 13 in existence, the ccx was their first car. That was all koenigsegg. And that car, when koenigsegg has the yes go out the jamera. And all their new cars that are coming, once Koenix Egg goes fully electric by 2030, like most manufacturers, the ccx worth ten, $12 million.

Right?

That's a car that you'll never see me sell. I mean, it doesn't make any sense. You're not going to replace it, right? The veyron is the same. That's why I have three beyonce now. Two, sorry, two beyonce, because that car will go up dramatically. Now, I know I'm talking hypercar, but if we go back and talk supercar look, what car just skyrocketed recently? The Mercy lago, right. 2003, six speed Mercy lago two years ago was a hundred grand. A hundred rm. sotheby's odd color. 8000 miles, 445,000. What? That's ridiculous, right? But it's great, because, like my friend edmund, his six speed manual lp 640, he recently sold it at the beginning of the year, he sold some of my other friends. But that car, with 20,000 miles guaranteed, will bring 700,000 guaranteed.

Right?

Career gts, 600 grand two years ago, 1.5 million today, right? No tech, no buttons, no screens, just pure driving experience. So you look at your gallardo six speed manual gearos right? Now, $130,000, deal of century. I've got three of them. I love those cars, right? And I know that those cars are going to skyrocket. manny koschman with his mclaren slrs, I'm not a big fan of the way that car drives, but they look amazing. And that car is going to skyrocket, too, because it's that perfect balance of unique power and drivability.

Right?

The five nine nine. There's a five nine nine right in front of us. And that car there, six speed manual, went for over $700,000. And there's a very rare six speed manual on the five nine. It's like, only like, ten.

Yeah. Right?

So that's probably going to be a $2 million car in the future. But anyways, like, the car behind me, 430 scooteria, right? If you get one of these, it's going to be great. Six speed manual scud, they'll make that six B manual, 430s. They'll be $250 to $300,000 real soon. So you can look at that make your own opinions, but I think that people get the gist of what's going to be appreciative.

Yeah.

Based off your knowledge of the car market and just overall, do you see any post 2012 cars taking that jump?

That's interesting.

Also mass produced.

Yeah.

In 2012, you really don't. I mean, from mclaren, you had the mp4, you had the the late lp gallardos. I mean, if you get the super Trafeo gallardo, very limited e gear.

Right.

Last of its kind.

Right.

Wonderful car to invest in. That will go up.

Right.

But it's not going to skyrocket. Like something with an analog gearbox. Anything with the paddle shift gearbox is kind of similar to today's situation. Like an Eventador or a hurricane. In Mercedes. You had the sls. I think that's probably the most valuable car from 2012 or eleven to 14. The sls AMG going only will be the one car, I think, in that era that just goes up five to eight times. And you're seeing that right now. I purchased that white one for like, 130 grand, and just a year later, it was $200,000.

Right.

Just one year.

Yeah.

We've been seeing those jump quite a bit lately. You've never done massive jump to it.

Ferrari, you know, you have the four, five, eight that's so the four, five, eight scooter rhea, it's probably the one car from Ferrari that's going to take its massive jump. That was a mass produced car. When I say mass produced, I mean people can go and buy one right now. It's the last. Naturally. aspirated V eight from Ferrari. It's the one that was designed to be the final edition. That car is 300,000 to 350,000 right now, as we speak. I can see that car being 602 to three years.

Wow. Right.

And especially because that car looks good.

It is very good.

The 48 looks like dog shit. The F eight looks very good.

Right.

The pistol looks great because of the design, but the 296 gtb, it's kind of ugly, man. It's a weird looking car. It'll definitely grow on me. sf 90 looks cool, but it's a big car.

Right.

When you shrink the sf 90 down to the 296, add some battery power, it's a fast car, it's a cool car, but it's really not going to be a special car.

We'll see where they go with the whole battery as well.

Yeah, I think that I'm scared because the battery is the most unreliable part. And for my business, we don't get warranties from manufacturers. So I think that it's going to be called Royalty Classic Car Rental here real quick. So we might not be able to transition into the future. It's going to be rough, but I'm excited. I'll keep these cars, right. I'll keep the the real good gated cars. And I think that there's going to be a market to utilize those cars in five years.

Do you feel like our generation, you and I, are really close in age.

Yeah, we're 32.

I'm 31. Do you feel like that classic car guy or car enthusiast buyer is dying out?

Yeah, it is. I mean, you see that at the auction, right? When we were at rm over the monterey weekend, and all those really expensive race cars like the 60s, there were no sales.

Right? No. Yeah.

That porsche that was subjected to go to $20 million, only a bit up to 15.

Right.

And they did sell. Those are cars that are not going to be that much more valuable going forward. Because I don't give a shit about that car. That's why I asked, what is that car going to do for me?

Right.

It's slow, they're cool looking, but it's not beautiful.

Right.

It's not something that you're like, oh, my God, I have to have now there's a couple, two six, four California 1950s super classic ferraris that are already well into the 20, 30 million range. Those are dull cars because they look cool. That's the breaking ground of sexiness.

Right.

But anything from, like, the all those fords and all those cars, the thunderbirds, the Mustangs mustangs will have some heritage. camaro's will have some heritage. But anything back then, ten years from now, I don't see the value.

Right.

When I'm 40, I will not be bidding on a Model T. It's not going to happen.

Right.

And when my dad right now is in the 70s, he's done buying stuff.

Right.

Most people in their seventy S and eighty S are done buying things.

Right.

It's your fifty S, sixty S that you're really you're just retired. You're ready to spend your money on cool stuff. So when I'm 50, right, which is 20 years from now, I'm going to be looking at cars from 2005 to 2015.

Right?

Yeah.

And, you know, that's what I'm saying. You know, actually, it's really going to be like, more like 2000 and 2015. And so all the classic hypercars that they came out with, the beyond the F 40 will always be something spectacular. The F 50s, those are cars that were on my wall when I was a kid. So when you see that that's the cars that are going to go up just like the ones that you're seeing today go up, it's a 20 year generational gap.

Yeah.

Right.

That's pretty much the answer to that question. I don't think that that's uncommon knowledge.

If you had to pick one car that is the poster car for the next generation, what do you think it's going to be?

Mercy lago is a good one. It's tough to pick one. I think that Mercy lago is a really good car right. To choose there there's a lot of sex appeal on the Mercy lago, but, you know, it's it's tough to pick one car. I really would pick the bugatti Veyron because that car just is so special, and it was the car of all cars for ten years.

Right?

Ten years. But then you have the mclaren f one and the koenigsegg, right? koenigsegg will be one of the greatest companies in ten years. They're already doing something that no one else is doing. So you're going to see that car agueros are tough because they weren't road legal in the Us until 20, 15, 14. So you have a big gap between my car eight to that one.

Right.

And then you had the final additions that are already $6 million. So it's a tough car to collect. My coding six dcx was 1.2 million.

Right.

And I can see that car going to six, seven, $8 million soon. The moral of this story, and we just had some conversational car talk, is to be careful buying your car. Really know what you're going to buy and how long you're going to buy it for.

Right.

And if you want to buy something, get someone in your corner that helps you. I'll put the information to my guys that, look at these partners in the bottom, and if you ever are buying your first supercar or buying your 10th supercar, whatever it may be, they're always going to help you. And so, like I said, it's not a sponsored ad for them or anything. I just want people to know who my team is. And if you guys know who my team is right. You can trust that it's a good team because we've been here for a long time, you've seen our business grow for a while, and you can really get behind the royalty brand because we always do the right thing.