Are these Vloggers just a scam? SOL or Shmee etc???????

Are these Vloggers just a scam? SOL or Shmee etc???????

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Shiv_P

2,750 posts

106 months

Monday 18th September 2017
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Is it disallowed for someone to buy a supercar and just drive it and keep it?

TGETV

390 posts

89 months

Monday 18th September 2017
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Davey S2 said:
£15K to do a couple of thousand miles pootling around London and parking up at car shows?

Each to their own.
Embittered. If only you actually understood, my shrub.

TGETV

390 posts

89 months

Monday 18th September 2017
quotequote all
Shiv_P said:
Is it disallowed for someone to buy a supercar and just drive it and keep it?
No idea, how about you try it and see, Shiv? Let us all know how you get on please.
I'll be emailing you also to let you know what to have for lunch tomorrow. Will kick off online if you don't have exactly what my preference would be.

waremark

3,242 posts

214 months

Monday 18th September 2017
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Shiv_P said:
Is it disallowed for someone to buy a supercar and just drive it and keep it?
Allowed, yes.

But why do people buy supercars? Not for transport - noisy, awkward to get in and out, not much carrying capacity, a liability to park in some places, probably less reliable than ordinary cars, and if you have semi slick tyres almost unusable in heavy rain according to the latest Shmee video.

So if not for transport, then for what? Some keep them long term as either collectibles or investments. Some get a thrill out of short term ownership, and the incredibly buoyant market has made that attainable for many more than if supercars depreciated like normal cars. If the market collapses as it did in the nineties many owners will catch cold.

jwo

984 posts

250 months

Monday 18th September 2017
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Well back on topic....

My thoughts - which count for nothing...

Shmee - I've been following him for a few years (I first became aware of him when he was donutting his R8 not far from my house making a huge noise! good informative videos with plenty of detail..

TGE - only followed him from a post on this thread some months ago - love the videos, straight up opinion and good cars (even if i do now say blah blah blah now..)

Archie Hamilton - false titles on most of the videos and content not that great... And not torquing up wheel bolts on his A45 - poor show particularly from someone who as a racer should even more understand the importance...

Joe Achilles - great reviews, factual, BMW based (I blame him for a car purchase!) but no nonsense likeable character

JWW - good narrative and great cars...

Sol and co.. again okay.

Either way - the effort I imagine that goes in to these videos/vlogs must be great, and no doubt people will start tailing off having used the videos as a stepping stone into more car related work and following their passion... Anyway, keep it up.

SydneyBridge

8,643 posts

159 months

Monday 18th September 2017
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I would imagine if TGE worked out how much money he made from the ownership videos of his car, he would not have lost any or much money and in actual fact got free (ish...) motoring out of it.
Same for any vlogger that owns a nice car- they are in effect owning their worksource- ownership vids will be much different to a normal test drive and the cars they are paying for are making them money

egor110

16,893 posts

204 months

Monday 18th September 2017
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waremark said:
Shiv_P said:
Is it disallowed for someone to buy a supercar and just drive it and keep it?
Allowed, yes.

But why do people buy supercars? Not for transport - noisy, awkward to get in and out, not much carrying capacity, a liability to park in some places, probably less reliable than ordinary cars, and if you have semi slick tyres almost unusable in heavy rain according to the latest Shmee video.

So if not for transport, then for what? Some keep them long term as either collectibles or investments. Some get a thrill out of short term ownership, and the incredibly buoyant market has made that attainable for many more than if supercars depreciated like normal cars. If the market collapses as it did in the nineties many owners will catch cold.
Can't somebody buy one purely because they want one ?

Audemars

507 posts

99 months

Monday 18th September 2017
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Im sure these “losses” are paid for from a reduced tax bill on income.

At the end of the day you only live once.

I personally could never own or buy a fleet like these guys (as I hate losing money) and I probably have more money than them.

However good luck to them.

RobDown

3,803 posts

129 months

Monday 18th September 2017
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egor110 said:
Can't somebody buy one purely because they want one ?
Yes and clearly lots of people do - check the classifieds for Aston Martin, Lamborghini etc and you'll find plenty of cars in the same ownership for years rather than months

But equally some people want to try as many as possible, variety is the spice of life and all that. In the last few years it's been possible to do that without taking a hit such is the state of the market

Of course the ideal is probably a mix of both (the Shmee model) where you have a couple of long term keepers and a couple that of slots that you chop in and out

But everyone is different, likes different things etc. Only on the Internet forums is there a strident "you don't want to do it like that" culture smile

Streetrod

6,468 posts

207 months

Monday 18th September 2017
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Audemars said:
Im sure these “losses” are paid for from a reduced tax bill on income.

At the end of the day you only live once.

I personally could never own or buy a fleet like these guys (as I hate losing money) and I probably have more money than them.

However good luck to them.
So are you saying that unless you see a profit in a car or anything then you are unlikely to buy it??? Thats a very sad way of looking at things. Whats wrong with buying something just for the sake of owning it and enjoying it for what it is?

RobDown

3,803 posts

129 months

Monday 18th September 2017
quotequote all
TGETV said:
No idea, how about you try it and see, Shiv? Let us all know how you get on please.
I'll be emailing you also to let you know what to have for lunch tomorrow. Will kick off online if you don't have exactly what my preference would be.
Soup or salad?

MrBarry123

6,028 posts

122 months

Monday 18th September 2017
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Audemars said:
and I probably have more money than them.
It's been a while since PH has provided this kind of a comment so thank you.

thumbup

HAHAHAHAHAHA!

Never you mind

1,507 posts

113 months

Monday 18th September 2017
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Shiv_P said:
Is it disallowed for someone to buy a supercar and just drive it and keep it?
The massive balloon payment at the end puts people off.

New Ferrari 488 GTB £240K (To a decent spec), £20K down, finance 30/40K with a balloon payment of £180/190K. Sell the car a few months after it arrives and you should, going by current stock at my local Ferrari dealer sell it for £235K. Loss of £5K (maybe) plus whatever monthly payments you made, roughly £800 - £900 per month.




Edited by Never you mind on Monday 18th September 15:44


Edited by Never you mind on Monday 18th September 15:44

130R

6,810 posts

207 months

Monday 18th September 2017
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I don't really watch any of these vlogs apart from Jon Olsson's channel on youtube. It's not about cars as such although it does have his project cars on there (Huracan, Rolls Royce Wraith, etc.)

tomtom

4,225 posts

231 months

Monday 18th September 2017
quotequote all
Never you mind said:
The massive balloon payment at the end puts people off.

New Ferrari 488 GTB £240K (To a decent spec), £20K down, finance 30/40K with a balloon payment of £180/190K. Sell the car a few months after it arrives and you should, going by current stock at my local Ferrari dealer sell it for £235K. Loss of £5K (maybe) plus whatever monthly payments you made, roughly £800 - £900 per month.
Where are you going to sell it for £235k though? Not to a dealer, that's for sure. And, as your own post points out, most people buying these cars want finance on them which makes a private sale tricky.

Greshamst

2,073 posts

121 months

Monday 18th September 2017
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Audemars said:
and I probably have more money than them..
Lot of money in figs these days I hear

Yipper

5,964 posts

91 months

Monday 18th September 2017
quotequote all
waremark said:
Shiv_P said:
Is it disallowed for someone to buy a supercar and just drive it and keep it?
Allowed, yes.

But why do people buy supercars? Not for transport - noisy, awkward to get in and out, not much carrying capacity, a liability to park in some places, probably less reliable than ordinary cars, and if you have semi slick tyres almost unusable in heavy rain according to the latest Shmee video.

So if not for transport, then for what? Some keep them long term as either collectibles or investments. Some get a thrill out of short term ownership, and the incredibly buoyant market has made that attainable for many more than if supercars depreciated like normal cars. If the market collapses as it did in the nineties many owners will catch cold.
Supercars are the summit of automotive ownership. The fastest and prettiest. It is the same as wanting a trophy mansion or trophy wife. You want the best, even if they cost a bit more to own and a pain to keep running.

Davey S2

13,097 posts

255 months

Monday 18th September 2017
quotequote all
TGETV said:
Davey S2 said:
£15K to do a couple of thousand miles pootling around London and parking up at car shows?

Each to their own.
Embittered. If only you actually understood, my shrub.
Not embittered at all. Just surprised about the value some people put on things.

As long as you enjoyed your brief ownership experience that's what matters.

PorkInsider

5,889 posts

142 months

Monday 18th September 2017
quotequote all
Greshamst said:
Audemars said:
and I probably have more money than them..
Lot of money in figs these days I hear
Are we talking about a specific number of figs?

br d

8,403 posts

227 months

Monday 18th September 2017
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This thread is bizarre. The general impression is that Youtubers and vloggers are the only people buying these cars and their opinions on them are fantastically important. The vast majority of Supercar owners are just people who've worked hard and would like to own and drive something they always dreamed of, "likes" and "hits" and all this other stuff is a complete irrelevance to them.

I really think social media is distorting peoples perspectives here as it seems to do in so many areas now.
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