Are these Vloggers just a scam? SOL or Shmee etc???????
Discussion
ReaperCushions said:
The waft of jealous is strong
I already do 60 hours a week and earn plenty. I also choose to have a family and look after them ahead of patronising others about how they could run a moneypit at the expense of them.
These kiddies on Youtube are doing a great job of giving average joe the impression its normal to aspire to a supercar. No issue with that, just dont come on here telling adults we're disrespectful for questioning the logic.
Or
Yeah, I'm dead jealous.
Escy said:
For a petrol head it is isn't it?
I have to say, I don't understand why anyone cares how much Shmee does or doesn't earn through Youtube.
Is it? I love, really love, cars and driving quickly and anything oily (chips aside...). I don't see the value in a supercar. That's my own choice. No less a petrolhead for it.I have to say, I don't understand why anyone cares how much Shmee does or doesn't earn through Youtube.
I'd simply hate owning a modern McLaren or Ferrari; too expensive to track and drive like you mean it, too sensitive to depreciation to put miles on, too fast to use the performance on the road, too in-your-face to park without risk outside central London, and so on.
You could get the same shove with better comfort from an M5 and better track enjoyment from a Caterham. And save about £100k.
janesmith1950 said:
Is it? I love, really love, cars and driving quickly and anything oily (chips aside...). I don't see the value in a supercar. That's my own choice. No less a petrolhead for it.
I'd simply hate owning a modern McLaren or Ferrari; too expensive to track and drive like you mean it, too sensitive to depreciation to put miles on, too fast to use the performance on the road, too in-your-face to park without risk outside central London, and so on.
You could get the same shove with better comfort from an M5 and better track enjoyment from a Caterham. And save about £100k.
Too expensive to track for you, not for many other owners.I'd simply hate owning a modern McLaren or Ferrari; too expensive to track and drive like you mean it, too sensitive to depreciation to put miles on, too fast to use the performance on the road, too in-your-face to park without risk outside central London, and so on.
You could get the same shove with better comfort from an M5 and better track enjoyment from a Caterham. And save about £100k.
Too fast to use the performance? Same for many cars but getting there is certainly fun!
Don't see why they can't be parked. Many owners use for weekend trips, not really an issue either.
Shmee said:
I did specifically say with no dependents. Example for a young-20s person in London:
£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
Sharing a house, £10k from savings, 20k to deal with at the end and a car that costs half your monthly budget at a major service.£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
If I sold my house, kept the equity, had £100k of savings and took out a loan and lived under a bridge feeding myself solely on the reduced items from my local Tesco, I could maybe live the F40 dream
Actually, I probably couldn't but I can't be bothered to check how much one is now.
Yes, it's 'easy' to get yourself in that situation with a 45k income but I don't believe living like that would be sustainable for many. Even without dependents or frivolous outgoings.
Or I'm doing my own finances all wrong!
How much more does an R8 cost to service than a 3 Series? Honest question, I have no idea but I'd have guess similarly. I know tyres aren't much different.
Also, the whole point of a balloon payment on a PCP is that you never pay it; either sell the car or refinance. Most cars in the UK are bought this way.
Also, the whole point of a balloon payment on a PCP is that you never pay it; either sell the car or refinance. Most cars in the UK are bought this way.
Shmee said:
How much more does an R8 cost to service than a 3 Series? Honest question, I have no idea but I'd have guess similarly. I know tyres aren't much different.
Also, the whole point of a balloon payment on a PCP is that you never pay it; either sell the car or refinance. Most cars in the UK are bought this way.
I can't speak for a 3 series however my F10 M5 which I changed a couple if months ago cost £1200 over three years/32,000 miles to service.Also, the whole point of a balloon payment on a PCP is that you never pay it; either sell the car or refinance. Most cars in the UK are bought this way.
I also went through 3 sets of rears and two fronts which cost a couple of grand or so.
However the next service (if through an OPC) would see you with little change from £4000 or so (plus new tyres again shortly).
Think the major service is six or seven hundred quid, hence half of the budget you mentioned. I'm not an owner though so I'm just going with a price I knew from one owner. Did you not do the 20k services on the one you had? No idea what a three series is, but my own vehicles five year service is about six and I have to set some aside when that one arrives. If it wasn't for the knack of doing the cam timing, I'd do it myself!
I know people keep the finance rolling. It feels like most cars are indeed bought this way now as people can't really afford to have what they want without persistent loans.
I know people keep the finance rolling. It feels like most cars are indeed bought this way now as people can't really afford to have what they want without persistent loans.
janesmith1950 said:
I already do 60 hours a week and earn plenty.
I also choose to have a family and look after them ahead of patronising others about how they could run a moneypit at the expense of them.
These kiddies on Youtube are doing a great job of giving average joe the impression its normal to aspire to a supercar. No issue with that, just dont come on here telling adults we're disrespectful for questioning the logic.
Or
Yeah, I'm dead jealous.
Some people choose not to have a family, flat share and then run expensive cars. Do you not think you're being patronising yourself by assuming that you are doing the "right" thing by spending your money in the way you choose to.I also choose to have a family and look after them ahead of patronising others about how they could run a moneypit at the expense of them.
These kiddies on Youtube are doing a great job of giving average joe the impression its normal to aspire to a supercar. No issue with that, just dont come on here telling adults we're disrespectful for questioning the logic.
Or
Yeah, I'm dead jealous.
Each to their own I say, if you are not sponging of someone else / relying on the state then do what they hell you want with your own cash!
Edited by jimmy156 on Sunday 20th November 21:40
Shmee said:
I did specifically say with no dependents. Example for a young-20s person in London:
£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
You didn't specifically mention any demographic, but let's run with your example.£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
A 20 something is highly unlikely to be in a £45k job (or a £30k job with scope of £15k of 'part time' work as you did specifically mention) at that age without a degree of some sorts - Let's factor that in as 9% of 45k pretax - Approximately £335 per month you missed out on. Along with pension contributions.
800PCM X3 is then going to be a squeeze to get into a flat with 3 sizable rooms in an area within Zone 2 or 3 that you would realistically want to leave a R8 parked outside for an extended amount for; So garaging on top of that? Garages/Storage in London with adequate space (and security) for a R8 is NOT cheap.
Then you've got £10k deposit and £20k balloon payments mentioned. The deposit, feasible enough, the balloon? - £20k is not a typical figure to be rattling around the bank account of a 20 something's bank account on £45k a year with no purpose. Neither is it a figure that could be saved over the course of 48 month for someone who's now got less than £1000 per month spare, before he or she has chipped in for bills, food, a means to get to work or any sort of luxuries or quality life. Where does the balloon payment come from exactly???
And this is all before we've even discussed running costs. Even with the fluffy figures leaving ~£1400 a month aside, that's not enough money to even do a full set of pads and discs in a month, let alone paying for something major cropping up outside of an extended warranty. Or for that matter paying for an extended warranty, or servicing, or tyres, or fuel, or insurance.
Doable? Possibly (Providing a lender is happy to lend £50k to a 20 something working two jobs with no assets to fund an 'asset' that's going to leave them financially stretched), although certainly not "With ease". I think the only people would would realistically consider doing such a thing would have to have a considerable safety net to catch them providing it all went sideways. This is where the disconnect happens - Most people aren't that fortunate to have have such a safety net.
Edited by 279 on Sunday 20th November 21:56
279 said:
You didn't specifically mention any demographic, but let's run with your example.
Actually, he has said in at least two comments recently that having no dependents and not planning to have any soon means he can spend all his income on his cars. So it was only logical to assume that his income/cost example also referred to someone in the same position. 
https://www.youtube.com/watch?v=ocb1ewghHq0&t=...
At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
jjr1 said:
https://www.youtube.com/watch?v=ocb1ewghHq0&t=...
At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
Is that not the point of Adaptive cruise, it maintains a safe distance with the car infront? Does on mine.At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
alec.e said:
jjr1 said:
https://www.youtube.com/watch?v=ocb1ewghHq0&t=...
At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
Is that not the point of Adaptive cruise, it maintains a safe distance with the car infront? Does on mine.At somewhere around the 6 min mark this bell end reads out the spec list of his car and announces that his cruise control has automatic braking. He concludes from that, it will remain a safe distance from the car ahead of him.
Please god tell me I am not the driver of the car in front when he tries this feature..........
His car won't brake when it reaches a car a few feet ahead !
jjr1 said:
Also very interesting is that Casey Neistat and that tweety fella are giving up vlogging?
The days are numbered for these SOL and SHmee fellas if the genuine celebs on Youtube can't keep it up
For sure, I've been saying that this won't last forever for quite a while now. It'll be interesting to see what comes next and whether the current raft of social media folks come through or it opens new space. The days are numbered for these SOL and SHmee fellas if the genuine celebs on Youtube can't keep it up
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