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Grant Cardone
Works at Cardone Real Estate
Attended McNeese State University
Lives in Miami, Fl
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Grant Cardone

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10 Reasons You Should Lease a Car

I have been around the auto industry for 30 years starting my career there. I have been lucky enough to work with the top car dealers and manufacturers in the world. As an automotive-insider I know all the tricks of the business. When people find out about my connection with the auto business they ask me two questions; 1) “How do I get a good deal on a car?” and 2) "Should I lease or should I buy?”

Leasing actually answers both questions. Leasing almost guarantees you the best deal in today's automotive industry. Almost everyone would be better off leasing a car because of the way the industry is today - almost no one should buy a car. Here are ten reasons why you should lease rather than buy:

1) Use it and lose it. A car is a piece of machinery. It is simply a piece of equipment used to get where you want to go. There is no valid reason to own a car, the thing you want to do is simply use it and then get rid of it.

2) Control of cost. With leasing, you are able to control the cost of your usage based on time and distance. By leasing, you can get in and out of a car limited to how much you use it. Those that put high mileage on a car (contrary to popular belief) should lease as the user can exact the cost of usage.

3) Better deals. The deals are almost always better on leases. The way to get the best deal on a car is to work the manufacturer, not the dealer. The dealer doesn’t control the best deals the manufacturers do. When Honda wants to take market shares from Toyota, for example, they will increase the residual of a particular model thereby reducing your monthly cost. I show an example with Infiniti below where Infinity has aggressively set residuals to make them more competitive. To make this work you can’t get emotional about a particular name but look for the best LEASE DEAL.

Almost everyone would be better off leasing because of the way the industry is today.

4) Lease depreciating assets, don’t own them. There is no reason to own a car or anything for that matter when you know it’s going to go down in value. The argument against this is when you lease you will have a payment forever. That's right, and when you own you have payments that are unpredictable. The perfect lease would be 24-36 months (shorter the better) and get out before there are issues not covered by warranty and before models change.

5) The lease agreement protects you against future loss. A lease is like putting a stop on a stock or getting life insurance. The lease protects you from the downside of eroding market conditions. If the future value of the car were to depreciate more than anticipated because of new models, abundant inventories, or a failed economy you are protected against future downside with a lease.

6) Don't believe the fantasy of ownership. Pay to use the car, not for some fantasy of ownership. There is no reason to pay for the future value of the car. You are paying to use a car not for its value in the future.

7) Never worry about selling or trading your car in. At the end of the lease cycle, you simply turn the vehicle in. The dealer will take a report of its condition and as long as there is no damage or excessive wear and tear or mileage you are done with it.

8) Bigger tax deductions. The write off's on leases are almost 6 times larger than ownership. For a business owner who owns a car, the write-off is limited to fifty-four cents for every mile you drive the car for business. So 10,000 miles would equate to $5400 and the interest on the loan. If you leased the same car and used it 100% for business you could write off 100% of the lease payment with no limits.

9) Stay dynamic. Get in and out quicker for less money down and a lower cost per month. Traditionally you can get into leases for less money down and less monthly cost. See the offer below from my friends and owner Bernie Moreno of The Auto Collection which own dealerships from Boston to Cleveland down to Miami.

10) Leasing is easier and quicker. Because the manufacturer believes that leasing makes for the possibility of renewing a customer on a receptive loyalty program (repetitive purchases) they make everything easier and quicker. And the dealer loves to lease again for the same reasons.

My friend and mega auto dealer Bernie Moreno, owns dealerships in Ohio, Kentucky, Massachusetts and Florida provided me this comparison lease on a Q50 $45,000 automobile would cost $632 per month for 72 months with no money down or only $374 per month for 36 months on a lease. Also, notice you will see almost $4000 greater incentives to the buyer that were passed on to the leaser. If you are ever looking for a car or a career Bernie Moreno is a great example of American success story. He sets the example for taking care of both his employees and customers.

And when you are visiting a car dealer tell them you are my friend and I bet you get a better deal. If you are the one selling these cars, make sure you're on the #1 Sales Training Platform in the World.

Be great,

Grant Cardone
I have been around the auto industry for 30 years starting my career there. I have been lucky enough to work with the top car dealers and manufacturers in the world. As an automotive-insider I know
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Never buy a depreciating asset​. 
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Thanks to all those who have picked up Sell or Be Sold it has become an international business book phenomenon translated into ten languages now.

http://www.grantcardone.com/sell-or-be-sold/
Get the Sell or Be Sold Pack If you’re looking for the secret of success... if you want success in life, success in business... read this book!
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10X Inspiration from the Sea
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The 10X Rule has become an international sensation. Fans asked me to create a tee shirt so I did. And I love them - because everywhere I go people ask, "whats 10X or they are part of the 10X Commitment.
These high quality cotton 10X T-Shirts are the same shirts you see GC wearing everywhere. They come in White and Black with the 10X logo on the left breast and at the back of the neck. 10X Tee Shirts are a way for you to remind yourself and those around you of your commitment to creating a 10X Life. Your 10X shirt is a great conversation builder as well where you will hear people asking “so what is 10X?” Get yours today and become part of the int...
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Hi Grant, how are you I would know what you do for business and how did you get so many followers? Thanks cheers :)
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Buying a House Is for Suckers

Should you own a home? Unless you have 20 million bucks in the bank, in cash, you have no business buying a house.

People think the only way to save money is to buy a house. Suzy Orman thinks you have no way to earn any real money for yourself, so she advises you to buy a house as the only way to get your money. You will get your home paid off when you are old. Who wants to wait until they are old to have money?
Should you own a home? Unless you have 20 million bucks in the bank, in cash, you have no business buying a house. People think the only way to save money is to buy a house. Suzy Orman thinks you have
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Small is a failing formula. This is no longer a world of being reasonable. Steve Jobs was obsessed with market cap, much to the dismay of his employees. But during Steve's time at Apple he managed to push the company to #1 in market cap in the world. Steve Jobs was obsessed with dominating the marketplace and knew if you aren't first, you're last.
Small is a failing formula. This is no longer a world of being reasonable. Steve Jobs was obsessed with market cap, much to the dismay of his employees. But during Steve's time at Apple he managed to
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The #10X Lifestyle. Loving this photo from Ray Abboud.

www.GrantCardone.com
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Persistence is the one trait that can separate the successful from the unsuccessful. The ability to persist on a given path regardless of setbacks, unexpected events, bad news, and resistance—to continue firmly in some state, purpose, or course of action in spite of conditions—is a trait common to all those who make it. Persistence is a quality absolutely necessary to make any dream a reality.

Persistence is the one trait that can separate the successful from the unsuccessful. The ability to persist on a given path regardless of setbacks, unexpected events, bad news, and resistance—to
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I recently did a video with Business Insider where I talked about financial mistakes you need to avoid in your 20’s. It’s gotten over 4,000 shares and almost half a million views in less than a day. It’s been so popular, I believe because it challenges so many assumptions that people hold. I reference the fact that it makes no sense to borrow money to go someplace like college for 4 years and NOT make money. It’s ludicrous if you actually break it down on a piece of paper. I also talk about how too many people are trying to save for an emergency, a rainy day, and the average mentality for retirement—which comes from a wrong mindset.

What you need to save for is the opportunity to make a big play on an investment that will really multiply over time. Too many young people think that a 401K is something they need to have but it’s a money trap. They take your money for 40 years. It’s a bad return. Only invest in yourself until you can save $100,000.

The first response many people have when they hear something new is to get defensive. It's natural for people to attack that which they don’t fully understand. The intent of the video was to get your attention. If you want to dig deeper into the advice that will bring you success, check out my Playbook. It goes into detail about all these things.

I can promise you that anyone who criticizes me about waiting to invest until you have at least $100,000 saved does it because they themselves don’t fully believe in the value of investing money in themselves up until that point. I’ve never taught to not invest early, but to invest in yourself. I invested in sales training when I was 25 that skyrocketed my income producing ability.

I was making $3,000 a month, and I could have saved a little here, a little there, and if I went that route I might have 100K cash saved today—at 58 years-old. Luckily, I invested in myself at 25 so that I gained new skills and started making more money each month so I reached $100K, then $500k, and then $1m in wealth. The value of investing in yourself is much higher than “investing” $5K here, $5K there. Trust me, if you make $3K a month and start investing $5K here and $5K there, you will not get super wealthy—ever.

Wealth is a marathon and a sprint. Most people treat it only as a marathon. You need to be the tortoise and the hare.

Listen, regardless of what you say, you will get haters. Ignore them. It says more about them than it does about you. If you don’t have any haters, it’s because you aren’t saying anything big enough. Nobody needs everyone to like them, because if you take a stance on anything people will start to disagree with you.

I’ve taken a stance. Don’t invest in anything but yourself until you can save $100,000, then start thinking about big boy investments. Buying a house is for suckers, 401K’s are dumb, and going into massive debt for college is one of the worst mistakes you can make as a young twenty-something.

Love me or hate me, at least you know me.

Get on my Playbook today.

Be great,
Grant Cardone

#blog #article #new #socialmedia #success #omnipresence #motivation #haters
I recently did a video with Business Insider where I talked about financial mistakes you need to avoid in your 20’s. It’s gotten over 4,000 shares and almost half a million views in less than a day.
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Television Host, Executive Producer, Author, International Sales Training Expert and Motivational Speaker
Employment
  • Cardone Real Estate
    Principal, 1995 - present
  • Cardone Group
    Founder/Partner, 1998 - present
  • Cardone Enterprises
    Founder/Ceo, 1995 - present
  • Cardone Training Technologies
    FOUNDER/ CEO, 2000 - present
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Beverly Hills, Ca - Lake Charles, Louisiana - LaJolla, Ca - Tampa, Fla - Detroit, MI - Tuscon, Az - Hollywood, Ca - Chicago, Il - Houston, Tx - Austin, Tx - Charlotte, NC - LasVegas, Nv - Manhattan, NY - Morristontown, NJ - Orlando, Fla -
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300 71st St #620 Miami, Fl 33141
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Success is your duty, obligation, and responsibility.
Introduction
I am a NY Times Best Selling Author, internationally-recognized Sales Training Expert, Business Coach, and the Founder and CEO of 3 businesses: Cardone Training Technologies, Cardone Group, and Twin Capital Management. You may have seen me as the star and co-executive producer of a show, called TurnAround King.

In addition to speaking internationally to individuals, companies, and industry leaders on sales effectiveness, negotiating strategies, business development and business expansion, I am a regular contributor to networks including, Fox News, MSNBC, CNBC, Huffington Post, Business Week’s Business Exchange, The Wall Street Journal, CNN, Reuters, CNBC, Today Show and over 600 radio shows.

I am the author of four published books, with a fifth book slated to release in 2012.
• "Sell To Survive" (2008): The definitive sales survival manual on how to SELL your way through any economy.
• "The Closers Survival Guide" (2009): The ultimate guide to getting sales done.
• "If You're Not First, You're Last" (2010): Sales strategies to dominate your market and beat your competition.
• "The 10X Rule": Where to start, what to do, and how to follow up each action you take with more action to 10X your success!

I have also authored a number of business and motivational audio and video programs; The Rules of Success Motivational Program, Control Without Confrontation, 21st Century Selling, Maximizing Every Opportunity and a customized program for the auto industry called The One a Day Sales and Management Program.

I first became known in the business world with the development of a revolutionary new selling process, known as, Information Assisted Selling (a non-confrontational 21st Century selling approach)

Be sure to check out my state-of-the-art, interactive virtual training center that brings innovative sales tools, technologies and solutions to life! www.SalesTrainingVT.com

Close the deal from your fingertips with my newest app development: Close the Sale App!

Bragging rights
NY Times Best Selling Author. Provided commendations by Senate, Congress, City of LA for community work. Also awarded by Governor of Ky for work on bank reform bill called Brownback Amendment. In 2011 I was awarded Distinguished Alumni from McNeese State University.
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  • McNeese State University
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March 21
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Married
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TurnAround King
Grant Cardone's +1's are the things they like, agree with, or want to recommend.
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My wife Elena Cardone just bought a car from the people at Rick Case automotive. The people at this group took exceptional care of my family. They made the process painless and easy and provided my wife with all the data so that I didn't have to get involved. They first took the time to assure her that the car she has selected was right for us and then provided price and terms that were BETTER than she could get anywhere else. The service that Richard Bustillo,Jack Jackintelle and their group should be the model used by other auto dealers. Thank you very much for making a complicated purchase simple.
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I have been working with BHG Group for almost two years and they have exceeded my expectations. I could only wish that ALL companies would deliver the way they do at BHG. Grant Cardone
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