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

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

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washingitagain

869 posts

15 months

Saturday 21st September 2019
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g3org3y said:
Currently enjoying 'salvage rebuilds uk' and the work he's doing on a Range Rover Sport with a broken engine.
Me too! He seems a genuine bloke who knows what he's doing. His Ferrari build is interesting too. He is a good example of how a channel can gain followers quickly despite (to his own admission) him not being skilled at video production.

nunpuncher

1,729 posts

83 months

Saturday 21st September 2019
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I watched a few of his videos back to back then lost interest. I was wanting to see him actually doing repair work but him just rambling trying to get over 10 minutes got boring quick (he commented on getting over 10mins in a few videos). The sound quality (wind noise) also drove me mental in a few videos.

johnwilliams77

8,094 posts

61 months

Saturday 21st September 2019
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OK, really enjoyed mr jww hooning around in a 7

https://www.youtube.com/watch?v=Yyh5uArCRI4&fb...

Gulf7

266 posts

16 months

Saturday 21st September 2019
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johnwilliams77 said:
OK, really enjoyed mr jww hooning around in a 7

https://www.youtube.com/watch?v=Yyh5uArCRI4&fb...
Me too.

Klippie

1,841 posts

103 months

Sunday 22nd September 2019
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Copy and paste...maker X launches a new Supercar that has the influencer brigade gushing with fake enthusiasm getting one wraped in fancy clingfilm or peelable rubber paint and claiming its the best thing ever to roll on four wheels, I don't know about anyone else but I'am bored with it to the point of not watching them anymore...and the hyper excitment when spotting a Piss-ta while driving around the same bit of London is excruciatingly painful to watch.

Youtube is full of interesting car people and entertaining content I've just had enough of the influencers and their Supercars.



Meridius

1,417 posts

110 months

Sunday 22nd September 2019
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Bubba Zanetti

341 posts

105 months

Sunday 22nd September 2019
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nunpuncher said:
Last couple of car guys videos have been rubbish. It's turned into the Ferrari channel and this approach of trying to spec modern Ferraris to try to emulate classics just isn't working.
Especially when they go for grey/silver. Boring.

Escy

2,501 posts

107 months

Sunday 22nd September 2019
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Meridius said:
Brilliant video, nice to see a car like that being given a total spanking. He can drive, I was hanging onto my seat watching it. I've subscribed.

CarHabit

65 posts

51 months

Sunday 22nd September 2019
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Meridius said:
Second this - worth a watch

Johann_the_alpine_man

13 posts

13 months

Sunday 22nd September 2019
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This popped up in my feed tonight, enjoyable watch. They seem to be getting really crappy views though, when the content is good. Don’t know why.

https://youtu.be/nono

akadk

827 posts

137 months

Sunday 22nd September 2019
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Watched Tim’s vid this eve.

Based on today’s market his cars must have taken a 6 figure bath on values in total ?!

KHK

482 posts

42 months

Sunday 22nd September 2019
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akadk said:
Watched Tim’s vid this eve.

Based on today’s market his cars must have taken a 6 figure bath on values in total ?!
Not just an UK issue. Prices in North America are tanking as well. Global recession talk and artificially pumping the global markets to the brink has a lot of people thinking twice about buying expensive toys. Also the flow of money coming out of China has slowed considerably which has taken a toll on luxury goods globally.

Bottom line is there's a glut of supercars and not enough buyers which means prices tank. Manufacturers can keep claim there's enough wealthy customers to justify new models every 6 months but it's starting to look like the market is imploding.

CityS

163 posts

155 months

Sunday 22nd September 2019
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akadk said:
Watched Tim’s vid this eve.

Based on today’s market his cars must have taken a 6 figure bath on values in total ?!
Tim mentioned depreciation

-100k GBP for the 675LT
-50k GBP for the GT8

and the other less expensive cars probably have cost him money.

Τbh I don't really know if he can cover all these costs (he also mentions) and huge depreciation (probably 300k GBP for the last 3 years only).

KHK

482 posts

42 months

Sunday 22nd September 2019
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CityS said:
Tim mentioned depreciation

-100k GBP for the 675LT
-50k GBP for the GT8

and the other less expensive cars probably have cost him money.

?bh I don't really know if he can cover all these costs (he also mentions) and huge depreciation (probably 300k GBP for the last 3 years only).
I'm thinking the Ford GT and Senna values would offset those loses.

Craig_89

251 posts

134 months

Sunday 22nd September 2019
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KHK said:
CityS said:
Tim mentioned depreciation

-100k GBP for the 675LT
-50k GBP for the GT8

and the other less expensive cars probably have cost him money.

?bh I don't really know if he can cover all these costs (he also mentions) and huge depreciation (probably 300k GBP for the last 3 years only).
I'm thinking the Ford GT and Senna values would offset those loses.
The LT and GT8 are owned outright I believe which whilst that depreciation hurts at least there isn't any negative equity in the cars. If Tim ever needs to sell then they would still free up a big chunk of cash.

An advantage with owning outright in harder times but don't want to sell is you could just sorn them until you can afford to put them back in the road. Not ideal as they could end up with a few niggles or missing services but at least there won't be a bailiff on your door step if you couldn't keep up with finance payments.

I fear that there will potentially be quite a lot of people who will be caught out by the current market softening. I think a chunk of car swapping every 6-12 months will be coming to end soon and many will have no choice but to keep what they have until the terms run their course. If the market keeps softening people will quickly lose their deposits and end up in negative equity preventing them from moving into the next car.


Edited by Craig_89 on Sunday 22 September 22:09

Shmee

7,565 posts

171 months

Sunday 22nd September 2019
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The 'losses' on a sale right now for those two wouldn't be fun but then I work to enjoy things like cars, so while it's nicer to have an asset worth as much as you paid (or more!), if you don't intend to sell it in a hurry then nothing is technically lost and you had the experience of buying it from new and using it.

I suspect my collection as a whole would be worth approximately evens on what it cost me based on the current market, and yes that may come down going forwards but of the cars that I have right now, the one I'm most worried about the future value of is the GTC4Lusso. I bought it pretty wisely at 2 years old with around £100k off already and if it looses me another £100k over 2-3 years of ownership then that was the cost of an epic time travelling around Europe in a V12 Ferrari - which is something I might not be able to do in the future.

To add, I fully expect to lose a sizeable chunk on my inbound AMG GT R Pro. I don't think the sale of that car 12-24 months later is going to bode well at all but again it will be a thrilling ownership experience and enjoyable to drive and use frequently and sometimes that's more what it should be about than purely the financial side.

0a

22,301 posts

152 months

Sunday 22nd September 2019
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I wonder if there will be an impact on the more stretched Youtubers?

KHK

482 posts

42 months

Sunday 22nd September 2019
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Shmee said:
The 'losses' on a sale right now for those two wouldn't be fun but then I work to enjoy things like cars, so while it's nicer to have an asset worth as much as you paid (or more!), if you don't intend to sell it in a hurry then nothing is technically lost and you had the experience of buying it from new and using it.

I suspect my collection as a whole would be worth approximately evens on what it cost me based on the current market, and yes that may come down going forwards but of the cars that I have right now, the one I'm most worried about the future value of is the GTC4Lusso. I bought it pretty wisely at 2 years old with around £100k off already and if it looses me another £100k over 2-3 years of ownership then that was the cost of an epic time travelling around Europe in a V12 Ferrari - which is something I might not be able to do in the future.

To add, I fully expect to lose a sizeable chunk on my inbound AMG GT R Pro. I don't think the sale of that car 12-24 months later is going to bode well at all but again it will be a thrilling ownership experience and enjoyable to drive and use frequently and sometimes that's more what it should be about than purely the financial side.
Will you be allocated the GTR black series? That might bode better long term.

F2 DDY

145 posts

21 months

Monday 23rd September 2019
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In other words, he couldn't give a...

OzzyR1

4,535 posts

190 months

Monday 23rd September 2019
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Shmee said:
The 'losses' on a sale right now for those two wouldn't be fun but then I work to enjoy things like cars, so while it's nicer to have an asset worth as much as you paid (or more!), if you don't intend to sell it in a hurry then nothing is technically lost and you had the experience of buying it from new and using it.

I suspect my collection as a whole would be worth approximately evens on what it cost me based on the current market, and yes that may come down going forwards but of the cars that I have right now, the one I'm most worried about the future value of is the GTC4Lusso. I bought it pretty wisely at 2 years old with around £100k off already and if it looses me another £100k over 2-3 years of ownership then that was the cost of an epic time travelling around Europe in a V12 Ferrari - which is something I might not be able to do in the future.

To add, I fully expect to lose a sizeable chunk on my inbound AMG GT R Pro. I don't think the sale of that car 12-24 months later is going to bode well at all but again it will be a thrilling ownership experience and enjoyable to drive and use frequently and sometimes that's more what it should be about than purely the financial side.
Not really a user of Facebook or other sites but just had a look at your page and collection of vehicles.

Amazed that you can earn sufficient funds to buy/run those, and presumably pay your own salary and the salaries of those you must have behind the scenes just through videos on the internet, associated sponsorship etc!!

Fair play to you and good luck!


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