Automotive Vloggers (Vol. 4)

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AJB1971

358 posts

76 months

Tuesday 2nd November 2021
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WF36 said:
Bit st to see that Rob Ferretti's lady friend Tiara who appeared in quite a few videos was involved in a fatal crash frown
That's terrible news. Condolences to her friends and family.

anonymous-user

55 months

Tuesday 2nd November 2021
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S11Steve said:
jon- said:
While many youtubers certainly aren't great at ticking the paid promotion box, Tim certainly is.

Has he said anywhere he's spending over a £1m?

If I recall correctly historically he seems to have been pretty smart about how he finances his cars and making them work as a business assets, so if he's not actually said he's spending a million+, it seems most likely he's got a very good finance rate on it and he's using it as a business tool, like he does with most of his fleet.

"Adding to my garage" does not mean "I've bought something outright"
Tom Scott (well worth a sub if you haven't heard of him before - although you will probably recognise him) has covered the nuances of YT "paid promotion" in a lot of depth, and specifically mentions car journalism - https://youtu.be/L-x8DYTOv7w?t=224

Situations like this with Tim and the Zenvo could well be subjective interpretation of "paid promotion".

However it is funded/loaned/bought/stolen/extorted/gifted, he's still got a 1200bhp ultra rare hyper-car, in his own chosen spec to use as and when he wants to..


There is another possible view to looking at the "funding", and that is using a "holding cost" method similar to how the vehicle rental industry works.
As an example, Avis buy a Transit for £20k, (after fleet discounts) and after 12 months and 20k miles, it is estimated to be worth £17.5k
The weekly holding cost is just under £50 per week, with maybe another £25 per week in overheads, interest,costs etc. As long as that vehicle earns £100 per week, then it is all gravy.

Tim could look at the purchase cost less the expected resale value in 2 years to establish a similar cost, and as long as that vehicle earns more in YT revenue than the weekly or monthly cost, then again it's all good in the hood.

I know he has mentioned he has extensive spreadsheets on running costs etc, and I have no doubt he is just as analytical about YT stats and earnings.
it wouldn't surprise me if he knew that a weeks worth of "Black Series on tour" set of videos covered at least 3 months of running costs for those vehicles for example.
I may be wrong but I think that's likely the same way, for example, Jayemm has justified a 430 Scuderia - if you have a future value then you just have to make enough to cover the monthlies until it's time to sell up. In fact, I'd imagine that how most of the YTers with mega-cars have funded them. Not many people have £150k+ to dump on a car in one hit (let alone £1m+), and as we are often told on the leasing threads, it's not how "sensible" money works anyway.

wastedyouth86

850 posts

43 months

Tuesday 2nd November 2021
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UTH said:
Very interestingly put, and would make sense. Still does have me wondering how many cars does he really need in the fleet, but if you can (by whatever means) then I guess why not.
Usually when he goes on a shopping spree then follows the time for x to depart the Shmee garage... though the cars leaving has also slowed down. He barely touches the M3 and GR Yaris. Me personally the new car excitement would drop off a cliff after a while constantly buying new cars.

UTH

9,008 posts

179 months

Tuesday 2nd November 2021
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wastedyouth86 said:
UTH said:
Very interestingly put, and would make sense. Still does have me wondering how many cars does he really need in the fleet, but if you can (by whatever means) then I guess why not.
Usually when he goes on a shopping spree then follows the time for x to depart the Shmee garage... though the cars leaving has also slowed down. He barely touches the M3 and GR Yaris. Me personally the new car excitement would drop off a cliff after a while constantly buying new cars.
Given I barely watch the videos, how long do the cars usually take to arrive? I'm guessing some of them quite a while? So this latest reveal video might not actually provide any content around the actual car for many months? I really am guessing though.

wastedyouth86

850 posts

43 months

Tuesday 2nd November 2021
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UTH said:
Given I barely watch the videos, how long do the cars usually take to arrive? I'm guessing some of them quite a while? So this latest reveal video might not actually provide any content around the actual car for many months? I really am guessing though.
True but Shmee is good at padding out the arrival with a Road to series so the car is essentially making revenue before it even arrives. question is what happens if say the reveal video does 200k views and then each video on the car it then drops off to say 50k views does he look at that and think yeah there is not really any interest to sustain the vehicle purchase.

Beefmeister

16,482 posts

231 months

Tuesday 2nd November 2021
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UTH said:
it is all on finance etc so he doesn't actually own it.
PH in a nutshell, ladies and gentlemen.

<slow hand clap>

UTH

9,008 posts

179 months

Tuesday 2nd November 2021
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Beefmeister said:
UTH said:
it is all on finance etc so he doesn't actually own it.
PH in a nutshell, ladies and gentlemen.

<slow hand clap>
I'm not claiming to have made a revelation, I'm just learning what the actual reality of it all is as I don't live on this thread.

anonymous-user

55 months

Tuesday 2nd November 2021
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Beefmeister said:
UTH said:
it is all on finance etc so he doesn't actually own it.
PH in a nutshell, ladies and gentlemen.

<slow hand clap>
White knighting Shmee, Beefy in a nutshell

<slow hand clap>

wastedyouth86

850 posts

43 months

Tuesday 2nd November 2021
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anonymous said:
[redacted]
Hey Beefy has a £900k house show some respect!!!

waynecyclist

8,955 posts

115 months

Tuesday 2nd November 2021
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UTH said:
I certainly don't hate on Shmee like I think a few on this thread do, but I did come here to this thread having seen his video pop up about this car. I don't subscribe, but I do occasionally click on his videos, so not surprised they show up for me. But it just felt like I'd seen a video saying he was buying yet another car every week for the last few weeks. And I was just asking myself HOW and also WHY?!

I guess the post above confirms what I thought, it is all on finance etc so he doesn't actually own it.
But now also the WHY? How many cars has he got in the garage (museum or whatever) and how many are on the way? Does he really have enough time in his life to make interesting content around each car?? Or are most of them just going to sit untouched for most of the year?

I must say fair play, he's doing something that enables him to even 'pretend' like he owns cars most of us will never even sit in, but it does seem crazy that he seems to be ordering a new car so often.......or is that the point? The 'reveal' videos are what his channel is basically about now? I don't really get it anymore.
Sums it up nicely, he will have so many cars in a minute that half of them just will not be used, it all seems a little pointless to me to have a collection of cars that is so big that you cannot really enjoy driving them.

Not all of them are on finance, I remember in one video he said that the GT black series was purchased outright.

S11Steve

6,374 posts

185 months

Tuesday 2nd November 2021
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UTH said:
S11Steve said:
stuff
Very interestingly put, and would make sense. Still does have me wondering how many cars does he really need in the fleet, but if you can (by whatever means) then I guess why not.
If it is as formulaic as I suggested, then there is no real limit as to how many is needed - as long as they earn their keep.
Spreading content across two channels will also help revenue, but might possibly make earning calculations tricky if numerous cars are featured in one upload,

From what I have read and heard about on podcasts, I doubt Tim is just wildly buying vehicles on a whim, (baring the V8 Vantage and Clio maybe) and everything will be carefully considered as a business plan.
If that plan is demonstrably successful and the risks are carefully managed, I would expect that he could obtain funding on pretty much whatever he wanted, regardless of initial cost.

Back to the vehicle rental analogy - it's much the same way that my employers can fund the purchase of 25 or 30 LWB Range Rover Autobiographies in one order for example. Our business model is proven, and funders have no issue giving us the full capital without question, knowing that they will get their ROI and more back in 12 months.

UTH

9,008 posts

179 months

Tuesday 2nd November 2021
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S11Steve said:
If it is as formulaic as I suggested, then there is no real limit as to how many is needed - as long as they earn their keep.
Spreading content across two channels will also help revenue, but might possibly make earning calculations tricky if numerous cars are featured in one upload,

From what I have read and heard about on podcasts, I doubt Tim is just wildly buying vehicles on a whim, (baring the V8 Vantage and Clio maybe) and everything will be carefully considered as a business plan.
If that plan is demonstrably successful and the risks are carefully managed, I would expect that he could obtain funding on pretty much whatever he wanted, regardless of initial cost.

Back to the vehicle rental analogy - it's much the same way that my employers can fund the purchase of 25 or 30 LWB Range Rover Autobiographies in one order for example. Our business model is proven, and funders have no issue giving us the full capital without question, knowing that they will get their ROI and more back in 12 months.
Again, very interesting and makes a lot of sense, so I guess the method shouldn't really be knocked. And now making me want to do it. Oh, yes, I forgot, I don't have a YT channel, let alone 2.5m subs. Dammit. haha.

itlab

142 posts

64 months

Tuesday 2nd November 2021
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S11Steve said:
it's much the same way that my employers can fund the purchase of 25 or 30 LWB Range Rover Autobiographies in one order for example. Our business model is proven, and funders have no issue giving us the full capital without question, knowing that they will get their ROI and more back in 12 months.
But the values of 25 RRs should be fairly easy to work out

They have been selling 100000s of them a year for decades

How do you even begin to calculate the residuals on something like this

A company making less than 5 a year and less than 24 in the last 12 years and with seemingly no long wait times for a new one they can’t exactly have a huge second hand market.

Even the stuff though thought of as rare like F50s were made in the triple figures or 250gtos that have years of sales to extrapolate values from

It’s goes back to the phrase

It’s only worth what some one is willing to pay

With a market that small the second hand values must fluctuate massively as each sale is different or take a looooong time to find a buyer. (He mentioned getting his in left hand drive as I image you could count the potential buyers for a right hand drive on one hand)

I’m guessing it would take a very brave finance company be able to offer competitive finance on it.

But I’m sure there’s a Video in Tim’s spreadsheet of plans to cover all of this.

Mark-E34-535

16,205 posts

174 months

Tuesday 2nd November 2021
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Does anyone here know whether that silly Zenvo wing actually helps achieve a hike in performance? It's just I would have thought consistency in downforce would be preferable over something that changes aspect every split second or so?

simonw67

1,452 posts

34 months

Tuesday 2nd November 2021
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wastedyouth86 said:
Hey Beefy has a £900k house show some respect!!!
On finance wink

Beefmeister

16,482 posts

231 months

Tuesday 2nd November 2021
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anonymous said:
[redacted]
Yes yes, very good.

However my comment had nothing to do with Shmee, it was about that 'on finance, doesn't own' comment which comes up on PH all the damn time and it's a really outdated way of looking at the world. It was you that related it to Shmee.

Kthxbye.

S11Steve

6,374 posts

185 months

Tuesday 2nd November 2021
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itlab said:
But the values of 25 RRs should be fairly easy to work out

They have been selling 100000s of them a year for decades

How do you even begin to calculate the residuals on something like this

A company making less than 5 a year and less than 24 in the last 12 years and with seemingly no long wait times for a new one they can’t exactly have a huge second hand market.

Even the stuff though thought of as rare like F50s were made in the triple figures or 250gtos that have years of sales to extrapolate values from

It’s goes back to the phrase

It’s only worth what some one is willing to pay

With a market that small the second hand values must fluctuate massively as each sale is different or take a looooong time to find a buyer. (He mentioned getting his in left hand drive as I image you could count the potential buyers for a right hand drive on one hand)

I’m guessing it would take a very brave finance company be able to offer competitive finance on it.

But I’m sure there’s a Video in Tim’s spreadsheet of plans to cover all of this.
To a degree that's correct - RR are a known product, but we are also doing the same exercise with many different EV's which are a bit more complex and unknown, but there are many financial analysts around the world who specialise in vehicle residual values, by calculating the factors that make something worth what anybody is willing to pay.
Granted, spec mileage and condition will be more of a factor than a BMW 320d for example, but the principles are much the same

It is lot more scientific than we probably give credit for, but when CAP will list fairly rare exotics like this and update them monthly, I'm fairly confident that a supercar funding provider will know how to manage their risks on things like a Zenvo or Senna.



anonymous-user

55 months

Tuesday 2nd November 2021
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Beefmeister said:
Yes yes, very good.

However my comment had nothing to do with Shmee, it was about that 'on finance, doesn't own' comment which comes up on PH all the damn time and it's a really outdated way of looking at the world. It was you that related it to Shmee.

Kthxbye.
Which was quoting a post about Shmee...

Kthxbye? Wow, you're a grown man FFS, for those of us keep score is this an extension to the previous flounce where you asked to be banned from this thread or a new flounce all together?

Beefmeister

16,482 posts

231 months

Tuesday 2nd November 2021
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anonymous said:
[redacted]
Not flouncing anywhere, though I do wonder why you seem to have such a hard-on for what I post. Did I shag your mum in a previous life?

Mark-E34-535

16,205 posts

174 months

Tuesday 2nd November 2021
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Mark-E34-535 said:
Does anyone here know whether that silly Zenvo wing actually helps achieve a hike in performance? It's just I would have thought consistency in downforce would be preferable over something that changes aspect every split second or so?
https://www.roadandtrack.com/new-cars/car-technology/a21081048/zenvos-tsrs-rear-wing-analysis/
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