Are these Vloggers just a scam? SOL or Shmee etc? (Vol 2)
Discussion
Gio G said:
I have only started watching your videos in the last 3-4 months. What I like is that your reviews are factual and informative, you personally have some great cars and review cars that I could potentially own. You seem to be careful in not testing the same stuff at the same time that every other You-tuber is doing,. I reckon your a pretty nice bloke too, I have met a few You-tubers with similar number of subscribers and found them to be pretty dull individuals...
G
I can happily confirm that Jay is a good bloke based on the time I spent with him when he did the review on my car.G
jas xjr said:
For me the content is all. I would watch content in black and white if I am interested in the subject. I realise that you would want the quality as good as you can get it but not an issue for me.
Keep up the good work
Nail and head. Look at Sam's drive the world. I think that was a real banchmark in production values for indie YT content producer but the numbers didn't increase over his regular stuff. Must be desperately disheartening. I thought that was a brilliant and brave idea from Sam. Keep up the good work
Some of the most engaging and interesting stuff I watch isn't necessarily the last word in production.
Keeping integrity is important and the enthusiasm of course.
I would add another voice here to the real disappointment at some of the personal comments regarding Jayemm. Certainly falls below the standards of gentlemanly conduct one should expect on here. 11 year old YouTube trolls well I guess that goes with the job but on here? Come on.
Not usually a LLF viewer but i loved this - Astra GTE video:
https://www.youtube.com/watch?v=uEN_7EpZXUI
Absolute blast from the past - these were the type of cars that got me into cars back in the day... I remember my dad had a Astra GTE, Calibra 8v, Sierra XR4x4, Fiesta XR2i - absolutely loved them growing up... amazing to see some of these still around
These surely must be the type of thing that will be future classics
https://www.youtube.com/watch?v=uEN_7EpZXUI
Absolute blast from the past - these were the type of cars that got me into cars back in the day... I remember my dad had a Astra GTE, Calibra 8v, Sierra XR4x4, Fiesta XR2i - absolutely loved them growing up... amazing to see some of these still around
These surely must be the type of thing that will be future classics
Edited by trowelhead on Monday 9th September 19:24
Edited by trowelhead on Monday 9th September 19:25
trowelhead said:
Not usually a LLF viewer but i loved this - Astra GTE video:
https://www.youtube.com/watch?v=uEN_7EpZXUI
Absolute blast from the past - these were the type of cars that got me into cars back in the day... I remember my dad had a Astra GTE, Calibra 8v, Sierra XR4x4, Fiesta XR2i - absolutely loved them growing up... amazing to see some of these still around
These surely must be the type of thing that will be future classics
Sorry, not sure how you can watch that. Clearly I am not the target audience!https://www.youtube.com/watch?v=uEN_7EpZXUI
Absolute blast from the past - these were the type of cars that got me into cars back in the day... I remember my dad had a Astra GTE, Calibra 8v, Sierra XR4x4, Fiesta XR2i - absolutely loved them growing up... amazing to see some of these still around
These surely must be the type of thing that will be future classics
Edited by trowelhead on Monday 9th September 19:25
In my casual eBay window shopping, I've started to see prices of older Ferraris (eg. 360, 550) dipping back towards where they were 3-5 years ago, before things went bananas.
I don't do finance but I know many people involved in it, and there's a lot saying it's considerably harder for people to get finance now than it was a few years back. I wonder if the ease of it has created a demon now - with lots more people buying supercars 2-3 years ago, that means the market's getting flooded with more examples, which will drive prices down, meaning residuals suffer, meaning financing them becomes harder...
I don't do finance but I know many people involved in it, and there's a lot saying it's considerably harder for people to get finance now than it was a few years back. I wonder if the ease of it has created a demon now - with lots more people buying supercars 2-3 years ago, that means the market's getting flooded with more examples, which will drive prices down, meaning residuals suffer, meaning financing them becomes harder...
jayemm89 said:
In my casual eBay window shopping, I've started to see prices of older Ferraris (eg. 360, 550) dipping back towards where they were 3-5 years ago, before things went bananas.
I don't do finance but I know many people involved in it, and there's a lot saying it's considerably harder for people to get finance now than it was a few years back. I wonder if the ease of it has created a demon now - with lots more people buying supercars 2-3 years ago, that means the market's getting flooded with more examples, which will drive prices down, meaning residuals suffer, meaning financing them becomes harder...
All very possible but the upside may be that the cars become viable once more for enthusiasts to buy and USE as cars. Not sit there as some sort of investment.I don't do finance but I know many people involved in it, and there's a lot saying it's considerably harder for people to get finance now than it was a few years back. I wonder if the ease of it has created a demon now - with lots more people buying supercars 2-3 years ago, that means the market's getting flooded with more examples, which will drive prices down, meaning residuals suffer, meaning financing them becomes harder...
I work in the trade and its 110% not harder to get finance. The deals get crazier!
There's no doubt at all that Brexit has kicked the market square in the nuts over this last year and I would think it's a moment of clarity for people that with prices on used dropping there's virtually no safe supercar to buy at the moment so it's the security of knowing where you are with depreciation that's gone. Being able to get in and out of amazing cars for £1000 a month with no loss has been a gift for some content creators but that era is over now at least at the moment.
Im told that there are plans afoot to start doing proper affordability checks on finance in the next year or two. That will have a bit of an effect on the top end of the market if they ever bring it in. At the moment its largely self certification and we know what that did to the housing market.
It will bounce back though. There's an enormous amount of money being made on these pcp and finance deals and there will be another invention along to prop the market up before too long.
There's no doubt at all that Brexit has kicked the market square in the nuts over this last year and I would think it's a moment of clarity for people that with prices on used dropping there's virtually no safe supercar to buy at the moment so it's the security of knowing where you are with depreciation that's gone. Being able to get in and out of amazing cars for £1000 a month with no loss has been a gift for some content creators but that era is over now at least at the moment.
Im told that there are plans afoot to start doing proper affordability checks on finance in the next year or two. That will have a bit of an effect on the top end of the market if they ever bring it in. At the moment its largely self certification and we know what that did to the housing market.
It will bounce back though. There's an enormous amount of money being made on these pcp and finance deals and there will be another invention along to prop the market up before too long.
KHK said:
TGE's former friend Anishvin said he's cancelling his 812 and SVJ orders in his latest upload citing the falling supercar market and concerns with the economy. I'm thinking lenders are getting stricter and residuals are falling which is making it harder to finance these cars.
It’s not this at all, considering the clown that most of these guys will be using for finance, they will get it easily. There is no discussion that ordering a new 812 or SVJ is a great way to depreciate £100k over 1 or 2 years so depending how much that amount of money means to the individual it might make them think twice. The days where supercars can behave as sensible investments is quickly collapsing, outside of anything that is genuinely really special. For the longer term it might turn out to be viable but again nobody knows if cultural norms will turn towards "combustion engine shaming" and a sense of guilt for driving cars that pollute in the same way such a thing is happening with flight.
I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
Shmee said:
There is no discussion that ordering a new 812 or SVJ is a great way to depreciate £100k over 1 or 2 years so depending how much that amount of money means to the individual it might make them think twice. The days where supercars can behave as sensible investments is quickly collapsing, outside of anything that is genuinely really special. For the longer term it might turn out to be viable but again nobody knows if cultural norms will turn towards "combustion engine shaming" and a sense of guilt for driving cars that pollute in the same way such a thing is happening with flight.
I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
Very well put. I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
The SVJ isn't a shock for me, Lamborghini built too many for it be a true limited edition car and the MSRP made no sense whatsoever because in some markets the SVJ is pushing a million+ dollars. It also didn't help when dealers lied about allocations and made it seem like the car was going to be more limited than it is. And it's not only in the UK where dealers are dealing with cancelled orders and cars piling up. In the US the major dealers are dealing with the same.
Here's a clip from a few days ago, it's a local SVJ owner who went on a rant about his dealer and the current situation with the market:
https://streamable.com/80ps5
The surprise for me has been the 812. I was under the impression this car had a massive wait list and you basically the chosen one if got an allocation but it doesn't seem to be the case. The silver lining for you Tim is the Ford GT seems to be a holding up well and will probably hold up well for the foreseeable future and I same could be said about same with the Senna not that your selling either.
What did the guy with the SVJ really expect? Most likely he would have been coming out of a Aventador S , he would have had murders getting rid of that (having watched the market for aventador s’s for a while it’s scary watching what they are doing).
So yeah, people need to sharpen up. To be fair to anishvin, he’s made the right choice. I don’t think he’s sold his Aventador S yet (it’s been at Mayfair prestige for about a year) so makes sense he cannot fund the SVJ.
So yeah, people need to sharpen up. To be fair to anishvin, he’s made the right choice. I don’t think he’s sold his Aventador S yet (it’s been at Mayfair prestige for about a year) so makes sense he cannot fund the SVJ.
Shmee said:
There is no discussion that ordering a new 812 or SVJ is a great way to depreciate £100k over 1 or 2 years so depending how much that amount of money means to the individual it might make them think twice. The days where supercars can behave as sensible investments is quickly collapsing, outside of anything that is genuinely really special. For the longer term it might turn out to be viable but again nobody knows if cultural norms will turn towards "combustion engine shaming" and a sense of guilt for driving cars that pollute in the same way such a thing is happening with flight.
I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
Absolutely hit the nail on the head Tim.I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
Combustion engine shaming. Attitudes are shifting on the daily basis. Even Paul made a comment regarding his Merci a few videos back.
Butter Face said:
Interesting list here from the DM, highlights are
Number 44 - MrJWW
Number 50 - Sam STG
No Shmee, bet you’re gutted fella
or not eh??
https://www.dailymail.co.uk/news/article-7440455/B...
Well I've never felt older than I did while looking at that list.Number 44 - MrJWW
Number 50 - Sam STG
No Shmee, bet you’re gutted fella
or not eh??https://www.dailymail.co.uk/news/article-7440455/B...
I knew who Nadiya Hussain is and I've heard of JWW (via this thread) but other than that, not a Scooby Doo who they all are.
I'm going to have a look at Colin Furze, though. Looks like he might have interesting stuff.
KHK said:
TGE's former friend Anishvin said he's cancelling his 812 and SVJ orders in his latest upload citing the falling supercar market and concerns with the economy. I'm thinking lenders are getting stricter and residuals are falling which is making it harder to finance these cars.
Noticed this with the 911R too - around launch people were talking about values approaching £1 M, but you could now pick one up for just over £300k.PorkInsider said:
I'm going to have a look at Colin Furze, though. Looks like he might have interesting stuff.
Understatement of the year!! Jet powered mobility scooters, a bunker in is garden, dodgem car with a motorbike engine, and of course, his huge jet powered butt so he could fart at France - https://www.youtube.com/watch?v=LMzAS9SsMBwAnd all whilst wearing a shirt and safety tie.
S11Steve said:
PorkInsider said:
I'm going to have a look at Colin Furze, though. Looks like he might have interesting stuff.
Understatement of the year!! Jet powered mobility scooters, a bunker in is garden, dodgem car with a motorbike engine, and of course, his huge jet powered butt so he could fart at France - https://www.youtube.com/watch?v=LMzAS9SsMBwAnd all whilst wearing a shirt and safety tie.
https://www.youtube.com/watch?v=VsRot0p7ObY
He even built his own wall of death out of old pallets and years later set fire to it.
Shmee said:
There is no discussion that ordering a new 812 or SVJ is a great way to depreciate £100k over 1 or 2 years so depending how much that amount of money means to the individual it might make them think twice. The days where supercars can behave as sensible investments is quickly collapsing, outside of anything that is genuinely really special. For the longer term it might turn out to be viable but again nobody knows if cultural norms will turn towards "combustion engine shaming" and a sense of guilt for driving cars that pollute in the same way such a thing is happening with flight.
I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
I think it was bound to happen when the speculative element left the market. Once things begin to turn, it can lead to an overcorrection.I don't expect cars like the new McLaren Speedster, the Aston Martin Valhalla, or the Ferrari SF90 to be sold out because quite frankly we are spoiled with far too many of these type of things on the market, particularly considering the economy, and of course the UK is the worst place to be in these terms. I'm struggling to move a car myself and I know countless people on both sides - some where their cars just haven't moved or seen a relevant offer in months, and others getting away with crazy low balls beneath asking prices of all sorts of things.
Taking out a finance package itself isn't the problem, for many it will be come when working out what to do with negative equity when they need to get out and that can become very dangerous rather fast. I wouldn't worry too much about most of the established YouTubers because of course incomes cover this kind of thing quite easily, I'd be more concerned for those trying to break through and thinking that's the best way to do it while barely clocking any views.
There were some red flags. Remember that Supercar Investment Club? Those sort of schemes tend to signal the top of the market.
A few years ago you made a video discussing used cars. The bit that stood out to me was when you mentioned how much SLS Coupes had increased in price -
https://youtu.be/66LMpFUdB7M?t=376
It didn’t sound sensible that the standard version of a recently discontinued model could increase that much in price. I took it as an indication that the market was overheating. You did remark that it was crazy, but as time goes on people start to regard it as normal. Those with a different view are regarded as being out of touch.
The 911R was another example. With 991 units produced it wasn’t that rare, but prices rocketed.
I’m sure that encouraged a lot of people to enter the market. They regarded buying the latest supercar as an investment. Finance was easy to come by, you only needed a small deposit, and interest rates were exceptionally low.
I’ve mentioned before about how many Performantes are currently for sale. My perception is that a lot of people bought these after seeing what happened to the price of the Speciale, TDF, R and GT3 RS, etc.
I think Tom’s old Aventador S is on the market and has been since June last year.
Economic cycles are always going to come to an end, for one reason or another, and bubbles are always going to burst. From your point of view, business still seems to be growing rapidly so it’s less of a concern. The last 10 years have been an exceptionally good period of time to be a car vlogger, from an economic point of view.
It will be interesting to see what happens next. Interest rates are still very low so this may just be a correction, a return to normality. The problem is that nobody knows. That low ball offer may seem attractive in a few months.
Edited by AJB1971 on Tuesday 10th September 10:22
NickCQ said:
Noticed this with the 911R too - around launch people were talking about values approaching £1 M, but you could now pick one up for just over £300k.
More to do with Porsche's communication with respect to the discontinuation of manual gearboxes elevating the 911R to cult status. They then announced manual GT3s.....The Aventador S brand new were been sold with a discount so it's no wonder they're sitting on the used market. In fact almost all Aventadors are dropping atm and will continue to drop as the replacement is nearing. The SV seems to have stabilized but it's going to take one desperate seller for prices to tumble again.
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