So i never thought that this would be possible, but it's official, i just purchased a mint condition: tesla roadster for six thousand dollars, and if that sounds absolutely insane, here's how i did it. First of all, the tesla roadster is not just another all-electric sports car. It was the original when elon musk acquired tesla in 2004. As a silicon valley, startup, their immediate short-term vision was to showcase the possibilities of an all-electric drivetrain, keep in mind back in 2008, an electric sports car was a crazy concept during a time where every other auto manufacturer was maximizing, horsepower and torque.

While seeing how many cylinders they could cram behind the driver's seat, but tesla took the opposite approach with the car that you could plug in at home and it turned out to be groundbreaking, it could achieve up to 245 miles on a single charge. Its performance was comparable to that of a lightweight gas-powered sports car and it hit 0-60 in just 3.7 seconds, but even more remarkable was that it's powered by the same lithium-ion batteries that almost everyone has in their laptop this car not only changed the game for all Electric vehicles, but it also made tesla a household name as a company now worth over a trillion dollars and, as mentioned by elon musk himself, you're, not just buying a sports car you're, actually helping pay for development of the mass market vehicles, and with that the roadster Was born only 2 450 of these cars were produced between 2008 and 2012, and now it's estimated that only about 1500 of them remain over time. More and more were lost to damage building fires and the worst of all a lack of parts. The components of this car were so difficult to source and replace that tesla service centers would buy back customer cars just to disassemble them to keep the remaining roadsters running, and that means the original roadster became more and more rare for reference.

They produced 1270 porsche carrera gts, which now sell for well over a million dollars. They made four thousand thirty eight four gts and those currently have a floor price of four hundred 400 000, not to mention the sls amg gold wing has roughly 8 000 examples worldwide. Now, selling for about 250 000. So how is it that a limited production, tesla roadster with about 1500 units remaining and the only car to be floating around in space, could be selling for less than every other limited edition vehicle? It was at that point that i realized this car is quite literally a piece of history from a company who completely revolutionized the way we operate automobiles.

So i began my mission to find one now for those unfamiliar with my channel. This is not my first run-in with tesla. In 2019, i documented the process of buying a 35 000 tesla model 3. and the moment i took delivery of that car.

I was hooked sitting behind the wheel of an all-electric self-driving car completely changed the way. I viewed automobiles and i just knew that this was the direction of the future. So right after i drove home to make my first of many investments into tesla stock back when it was originally trading at fifty dollars a share. But i think we could all agree that there is a substantial difference between buying a model 3 online versus hunting down a second-hand decade-old sports car, where only a few exist at any given time for sale.

So when one came up for auction at bringatrailer.com, i was in the car was perfect condition: 10 000 miles every single option and 140 000 original msrp sticker price. So here's what happened it really comes down to. Is this car a better investment than the stock and the highest bidder? No 117.. You have over 1300 people watching, graham, is the highest bidder at 122.

570. 123.. No, i feel like at this point. It's really not meant to be like.

I can't go against what i wanted to do and then i think there will be a tesla roadster in the future. Oh man i'll admit it was defeating to not win the auction, but i didn't want to give up. So i flew all the way to seattle. Washington to meet the man who helped make the tesla roadster what it is today, carl medlock found it tesla called me and offered me a job in 2008 and i didn't know who they were.

So i said, cool story hung up and they called me back at beginning of 2009 after the economy had done a bunch of stuff to my business, and i decided to take the job so that has been 87 that has been 78. been 57 is outside. That's the one david steyers gave me as well that car used to belong to sam simon. He was the co-founder of the simpsons.

These cars were both canadian cars and both delivered the same day, because i was there when they were delivered. If you look at the history of electric cars, nobody's really interested in electric cars, you know the volt didn't take off. You know leaf is a great utilitarian vehicle, but this is a sports car and it's electric. It's quick! It's fast! This car changed the whole landscape of cars on the road.

Today, two years ago, these cars were worth forty thousand dollars. A yellow car was worth fifty and i'm buying parts cars for forty three thousand dollars under half gone. The parts for these cars are so hard to find nobody's, making these right except us. This should duplicate this board 60 grand paying 334 and getting one ship off of here, or one thing is worth it to me like this is this is a one of one that i'm aware of.

It has alcantara seats in it and it's yellow 1462, which is the last car production car made that car is going to be a million dollar car. Some of the early cars with provenance are gon na, be a million dollar car like david steiner's car will be. I think all of them are gon na be worth money, big money. This is a 5 000 parts car back then now this is, you know i paid 36 39 000 for this car.

Look how much there's nothing left! Oh my gosh! It was at that point that i knew i was not leaving without one of those cars and the one that stood out. The most was the unassuming yellow car just sitting there because of my entire history of looking at roadsters. I have never once seen a yellow one for sale. Well, this car is pretty special.

It is one of the 26 yellows. It also has alcantara seats in it, which is, i think, it's the only one, but i don't know for sure. I'm gon na find out um and it is incredibly rare. It's just uh it's the most uh sought after color this car's.

All original i mean it has even down to its battery. All the components are original, so this car's never been played with there. You go now the car's ready to drive this car has its original battery on it and as long as you don't abuse them and get them hot they'll last um. Well, this car is 10 years old and the battery is in really good shape.

I love it. Okay, i'll i'll take it deal nah just kidding guys. I bought the car two weeks ago. Sight unseen sent the money in, and this is my first time seeing it.

The car is incredible. This is the rarest car, that's here other than a couple of low vin number cars which have actor provenance. There really is nothing any rarer than this car sitting here, there's lower vents, but there's not a lower number colored car here there is another car here. That's the same color as this, but it doesn't have a battery yeah.

So as far as what's here and running and driving, this is the car. Of course. Here's where we get to the interesting part, because, even though the price on paper is over a hundred thousand dollars, this car actually cost me just six thousand dollars out of pocket all because of a single investment that i made three years ago in tesla stock. That's right, my very first purchase in tesla stock.

On the day i purchased. My model 3 turned into the amount that i needed to purchase this one of 26 original tesla roadster and, if you think, i'm crazy for selling off some of my tesla stock at one thousand twenty eight dollars a share. Maybe first of all for some context. Had you invested a hundred thousand dollars in tesla stock back in 2011 instead of buying the car? Your 100 000 would now be worth 17 million, but back when i bought my model 3 in 2019, when tesla was seen as somewhat of a struggling car company, even though i didn't necessarily look at the purchases and opportunity cost, i did make it a point to Invest just as much money as i could into the stock without any expectation of it ever paying off, although in hindsight it played out quite well and was up over two thousand percent, although of course, over that time, i've taken some profits along the way i've kept.

Some of my original shares and i bought a lot more prior to their five to one stock split, but at this point in time, i'm taking the stance that long term this car will hold its value just as well, if not better than the stock. I would say in five years gon na be about a bunch of these in museums, the last production car is worth about a million, and this is a way for me to diversify my assets outside of the company by owning a piece of their history. At the exact same time, i thought you know what i want to sell this guy a car. He makes videos he's going to like the car he's going to enjoy the car.

This car is going to end up in a different video somewhere else right. I think it'd be fun. Now don't get the wrong idea, i'm still holding the majority of my tesla stock and i'm still bullish on the company long term. But there is something to be said about the milestone of turning numbers on a screen into a real, tangible piece of history, all thanks to tesla having such a great community and being such a fantastic company.

The community, the facebook group for these cars is so tight. There's such a nice group of people i could fly to france right now have a place to stay. I could go to spain and have a place to stay. I go to the uk and play every day anywhere in the world.

There's one of these cars. I could find a place to stay they're. Just the doors are open, they're, just really nice people. So with that said, you guys thank you so much for watching also feel free to add me on instagram and don't forget to get your free stock down below in the description when you sign up for public using the code, graham because that could be worth all The way up to a thousand dollars - and you could also get all the way up to a hundred dollars with a free crypto with ftx ftxus down below in the description you may as well, do them both it's pretty much like free money enjoy.

Thank you. So much for watching and until next time.