Are these Vloggers just a scam? SOL or Shmee etc? (Vol 2)

[pincher]

egor110 said:

Screenshots from the video he made for the public to view .

Seriously?

[johnwilliams77]

Sten. said:

I'm no expert and certainly no fan of these guys but I'd imagine it's all part of the business plan and a cost like any other? Maybe it's made him £200k from YT over the same period? I know we like to slate then for changing cars so often but I imagine there's a good reason for it.

Or maybe they get the cars cheap in return for promos.....

[Burwood]

jon- said:

Burwood said:

Frightening isn't it.

If you assume a 20k deposit on a 150k vehicle the payment structure is £1,650 pm with a 75k balloon. I doubt you'd get a residual better than 75k

You'd be surprised at some of the residuals finance companies are giving out. I've heard of an FF being valued at something silly like £6k less than buying after 3 years. These cars are currently affordable because the finance houses are happy to give out crazy low NON-GUARANTEED balloon figures.

It's a big ol' risk for the owners. It would keep me up at night.

probably why they get shod after a relatively short ownership. I say good luck to them. Oh to be 20-something with no responsibilities

[ghost83]

Those summoning the costs above
It says on the finance agreement above hp not pcp so no balloon I believe so

1600x49 = 78,400

So he’s put down either a car worth 70-100k as a deposit or cash to that amount hasn’t he

[anonymous-user]

ghost83 said:

Those summoning the costs above
It says on the finance agreement above hp not pcp so no balloon I believe so

1600x49 = 78,400

So he’s put down either a car worth 70-100k as a deposit or cash to that amount hasn’t he

No.

PCP is classified as HP.

Redline typically offer a lease purchase/balanced payment scheme which works like PCP but as somebody alluded to earlier does not have a finance house underwritten value at the end. It is a deferred payment which means you can’t hand back and have to pay off at the end either via p/x, sale or from cash reserves.

[anonymous-user]

S11Steve said:

pincher said:

egor110 said:

How’s it sleuthing ?

He’s made a video explaining how he finances his cars then offered it to the public via YouTube.

This isn’t some sort of secret information discovered whilst hacking his bank accounts .

Ummm, because there are screenshots up there ^^^ of what purports to be details of his Finance agreement?

It's pretty clear that the car isn't on some Unit Stocking deal from Redline, or a long term loan car as wrongly surmised by others.
It also transpires he has spoken publicly about the finance deals, giving far more details than what is seen on a standard autocheck report.

Interestingly I did enquire after a car at Redline which I believe was previously “owned” by a social media / FX guru/ commercial partner which based on what they sent me seemed to have had one less official owner than would have been assumed.

[fridaypassion]

All sounds like gambling to me.

[KHK]

You guys think 49 months is insane I've seen 80 month finance offers in the US for exotics. It's no wonder there's over 7 million Americans that are 90 days behind on their car loans. It's the next financial crisis in the making.

[Craig_89]

KHK said:

You guys think 49 months is insane I've seen 80 month finance offers in the US for exotics. It's no wonder there's over 7 million Americans that are 90 days behind on their car loans. It's the next financial crisis in the making.

That reminds me Salomondrin's jokes of Evan Paul offering finance over 144 months.

[jon-]

Craig_89 said:

That reminds me Salomondrin's jokes of Evan Paul offering finance over 144 months.

Speaking of Salomondrin, what's the latest on his breakdown / selling all his cars / suing McLaren?

[Beefmeister]

jon- said:

Speaking of Salomondrin, what's the latest on his breakdown / selling all his cars / suing McLaren?

Cars are all for sale at Evan Paul Motors bar the Raptor S and AMG GTR. Carrera GT is sold.

Still claiming he’s not suing McLaren but we’ll see how that goes. He seems remarkably ‘ok’ now though.

[Craig_89]

Beefmeister said:

jon- said:

Speaking of Salomondrin, what's the latest on his breakdown / selling all his cars / suing McLaren?

Cars are all for sale at Evan Paul Motors bar the Raptor S and AMG GTR. Carrera GT is sold.

Still claiming he’s not suing McLaren but we’ll see how that goes. He seems remarkably ‘ok’ now though.

He seems fine now, he made some videos addressing people saying he's committing insurance fraud. The car was apparently insured for what he paid.

No mention of suing McLaren at all, it seems he's still after a Senna as it's the only car he really wants. They'll be some content on him buying new cars soon as well.

Seb & Paul made some videos with him recently and Tavarish was on one of his podcasts.

[G13NVL]

Enjoyed SOL’s latest Lambo video the acceleration of that s/c Huracan looks absolutely savage! Nice roads as well.

[p1stonhead]

KHK said:

You guys think 49 months is insane I've seen 80 month finance offers in the US for exotics. It's no wonder there's over 7 million Americans that are 90 days behind on their car loans. It's the next financial crisis in the making.

80!? WTF.

[e46m3Mark]

Super cars aren't my thing but the 360CS Jame's was driving sounded glorious.

Also had my eyes opened to the costs involved in running a Schirmer BMW ring taxi by Misha / Apex. Ouch! Such a terrific car though and no doubting their skill when it comes to building and setting up quick BMW's.

[p1stonhead]

e46m3Mark said:

Super cars aren't my thing but the 360CS Jame's was driving sounded glorious.

Also had my eyes opened to the costs involved in running a Schirmer BMW ring taxi by Misha / Apex. Ouch! Such a terrific car though and no doubting their skill when it comes to building and setting up quick BMW's.

Those ring taxis are maintained with absolutely zero expense spared. Staggering costs to keep them in top condition.

[Jez m]

https://www.youtube.com/watch?v=O_HyXLsdOw0

Porsche Cayman GT4 - Strut Tower Failure/ Gearbox/ Clutch PROBLEMS .

Saw this last night, never knew these had so many issues. Skip to later in the video if you want to see some horrific footage of one very broken Porsche!

[e46m3Mark]

Jez m said:

https://www.youtube.com/watch?v=O_HyXLsdOw0

Porsche Cayman GT4 - Strut Tower Failure/ Gearbox/ Clutch PROBLEMS .

Saw this last night, never knew these had so many issues. Skip to later in the video if you want to see some horrific footage of one very broken Porsche!

Bloody hell. I'd be telling Porsche to come take their GT4 back and be looking to be compensated accordingly.

Edited by e46m3Mark on Friday 15th February 12:36

[RobDown]

pincher said:

egor110 said:

Screenshots from the video he made for the public to view .

Seriously?

no of course not. Steve works for some car hire/finance company and has done an auto-check on Archie's car.

I'm guessing by posting the details up here he's a) breached the legal terms & conditions of Auto-check (but sod that) but b) probably over-stepped the boundary of stalking a touch

As I said I'm no fan of Archie. And I'm all for speculating on what deal they might have with Redline. But I do still think that publishing precise details of his loan agreement is going a little far

Move on

[DannyScene]

S11Steve said:

georgefreeman918 said:

ashleyman said:

Yep. Going to redline!! No doubt the replacement will be from them too.

Can’t help but think there was no a purchase made from this dealership, (same with TGE) more a long term long car in exchange for some publicity. Good value for money marketing I guess though I assume for Redline!

I do wonder if they actually do own these cars or whether they stay on Redlines books.

4 years HP on it, so likely it is Archies, or at least his responsibility to pay for it, even if the title belongs to Aldermore

This doesn't show what upfront payment there was, or what the future balloon is, but it wouldn't surprise me if this was under a grand per month in finance.

Is this info free to the public or do you have to work in a certain market place to have access to this?

If the latter I'd say this is a bit far posting it up