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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RSbandit

2,590 posts

131 months

Monday 23rd September 2019
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Shnozz said:
Unless his dad has reduced his allowance I’d be surprised if he wasn’t in a position to buy normal super cars.

Another smoke and mirrors load of bull about property investment, forex trading, blah blah blah.

I used to do business with the fathers company back in a former life.

https://www.google.co.uk/amp/s/news.sky.com/story/...
Indeed it's probably a cut in allowance from his old man but given that he's a complete bullst artist he'll try to spin that as look at how shrewd I am not buying new supercars in this falling mkt. I mean he even claimed in other vids how he was able to flip his cars for a profit ( these were normal production ones) if you were selling back to a dealer that is simply not possible given they'd have your eyes out after 6 months or so.

Dynamic Space Wizard

925 posts

103 months

Monday 23rd September 2019
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playalistic said:
anonymous said:
[redacted]
Please fk off. Thanks.
Wow! It seemed like a really good, clear, concise summery of his thoughts to me.

S11Steve

6,374 posts

183 months

Monday 23rd September 2019
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Shmee said:
anonymous said:
[redacted]
Please don't misinterpret things, nobody expected the current mess at all and we'll all be better off when it's done!

The biggest part of the discussion is the collapsing supercar market globally, which currently is the most dry in the UK due to our specific situation.
It isn't just supercars - the whole domestic car market is on tenterhooks whilst the "B Word" continues. The uncertainty has been making people from the manufactures down to consumers slightly more wary or cautious about making any sort of medium-long term (2-3 years ish) commitments on anything.
Most of the industry, or certainly on the fleet side, is prepared for either outcome, deal or otherwise, but this constant delaying and threat of legal/parliament action is having more of a short term impact than anything else.

The supercar market is going to feel it harder, especially on an individual level where currency fluctuations and financing costs can not be absorbed as readily into a business model as "normal" fleet Mondeos and Transits for example.

washingitagain

2,734 posts

56 months

Monday 23rd September 2019
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Craig_89 said:
As Tony said in one of Archies/TGE's videos, it all comes down to how much you can afford to lose rather than how much you can afford to spend.

It's clear that the likes of Tim can afford to take the hit on big depreciation and budget for these losses but those who are all in with little equity will find themselves the wrong way round sooner or later. What's unclear to me is how the likes of Archie can continue to order new cars in the current market as he's been very honest in that if he binned his GT3 on track he'd be in a big hole.
And don't forget, for the likes of the high value youtubers, the cars are a business asset and most business assets depreciate. Whilst their value may go down, they are generating an income. The problems probably sit more with collectors who have bought cars to garage in the hope they hold/appreciate in value.

playalistic

2,269 posts

163 months

Monday 23rd September 2019
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Dynamic Space Wizard said:
playalistic said:
anonymous said:
[redacted]
Please fk off. Thanks.
Wow! It seemed like a really good, clear, concise summery of his thoughts to me.
It's all the usual Daily Mail tripe, so easily refuted, but this is not the place for that discussion.

S11Steve

6,374 posts

183 months

Monday 23rd September 2019
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RSbandit said:
Indeed it's probably a cut in allowance from his old man but given that he's a complete bullst artist he'll try to spin that as look at how shrewd I am not buying new supercars in this falling mkt. I mean he even claimed in other vids how he was able to flip his cars for a profit ( these were normal production ones) if you were selling back to a dealer that is simply not possible given they'd have your eyes out after 6 months or so.
What industry does this guy/his father work in, and what cars was he seen in?

The only reason I ask is that I know that with some fleet deals a vehicle can be purchased with a combination of dealer and manufacturer support that is cheaper than the 6 month CAP clean price at 12000 miles.

Granted, it's not likely on Ferrari or Lamborghini, but certainly is on some cooking spec BMW/VW/Audi products

InitialDave

11,853 posts

118 months

Monday 23rd September 2019
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anonymous said:
[redacted]
Extremely.

Scrump

21,886 posts

157 months

Monday 23rd September 2019
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Scrump said:
There are plenty of other threads discussing Brexit.
Please keep this one on topic.
Quoted in case it was missed last time.
Scrump, Site Moderator

anonymous-user

53 months

Monday 23rd September 2019
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Johann_the_alpine_man said:
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
Maybe because the content is unoriginal and the presenter is a bit odd?

They could always get someone to sign up to one of the UK's largest motoring forums and 'randomly' link their stuff to see if that increases the views

scratchchin

Edited by anonymous-user on Monday 23 September 13:45

Craig_89

251 posts

175 months

Monday 23rd September 2019
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Johann_the_alpine_man said:
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
Beefy, is that you?! If so, where's the podcasts?

jayemm89

4,001 posts

129 months

Monday 23rd September 2019
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She's not had a mention in the thread as far as I can see, but popping up in my recommended list lately is this lady, forging along with Hubnut-like vehicles:

https://www.youtube.com/channel/UCt1x4gQtDhy27uanK...

CityS

178 posts

196 months

Monday 23rd September 2019
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washingitagain said:
And don't forget, for the likes of the high value youtubers, the cars are a business asset and most business assets depreciate. Whilst their value may go down, they are generating an income. The problems probably sit more with collectors who have bought cars to garage in the hope they hold/appreciate in value.
I can imagine no tax office in the world would ever allow to expense the depreciation of the value of e.g. a Ferrari against your business revenues even though you use it for "business" purposes. There are limits on what type of vehicles you can use for business.

And I think Tim has mentioned in the past that he doesn't claim car depreciation as an expense in his tax returns. Of course you expense gas and some other expenses.

InitialDave

11,853 posts

118 months

Monday 23rd September 2019
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CityS said:
I can imagine no tax office in the world would ever allow to expense the depreciation of the value of e.g. a Ferrari against your business revenues even though you use it for "business" purposes. There are limits on what type of vehicles you can use for business.
I don't see why not?

Assuming you could do it for a van if your business needs a van, or a generic car if your business needs a generic car, if your business genuinely needs a supercar (for example, your business is based on driving a supercar around), it's not like you're taking the piss?

Explaining why a plumber needs a GT3 as a work van might be a hard sell though.

washingitagain

2,734 posts

56 months

Monday 23rd September 2019
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CityS said:
I can imagine no tax office in the world would ever allow to expense the depreciation of the value of e.g. a Ferrari against your business revenues even though you use it for "business" purposes. There are limits on what type of vehicles you can use for business.

And I think Tim has mentioned in the past that he doesn't claim car depreciation as an expense in his tax returns. Of course you expense gas and some other expenses.
I didn't mean so much for tax purposes, moreso in the whole picture of income vs expenditure. Without any cars Tim doesn't have a channel or a business, so they are the tools of his trade and if he cashed in tomorrow then you would surely offset the depreciation against what that asset has earned. e.g. The Senna probably 'earns' more money than most of his other cars and with low depreciation probably gives a nice return on investment (even when it's in repair if there's a video to be made!).


Johann_the_alpine_man

13 posts

54 months

Monday 23rd September 2019
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anonymous said:
[redacted]
I guess so, it’s ‘just a review’ of a car. I thought the guy presenting was okay, maybe because he seemed a bit older than most you see, like Matt Watson. I don’t really know what their USP is, maybe the BOTB thing. I noticed he mentioned it in this video twice, was a bit forced, like someone held a gun to his head to say it.

Not really sure what you mean with the second bit? Are you saying I know the bald guy?

anonymous-user

53 months

Monday 23rd September 2019
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Johann_the_alpine_man said:
I guess so, it’s ‘just a review’ of a car. I thought the guy presenting was okay, maybe because he seemed a bit older than most you see, like Matt Watson. I don’t really know what their USP is, maybe the BOTB thing. I noticed he mentioned it in this video twice, was a bit forced, like someone held a gun to his head to say it.

Not really sure what you mean with the second bit? Are you saying I know the bald guy?
rofl

Give it up Tim

anonymous-user

53 months

Monday 23rd September 2019
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Paul driving his Lambo despite not having an MOT for over a month....

https://www.youtube.com/watch?v=7dfsvM1py-o


WarrenB

2,374 posts

117 months

Monday 23rd September 2019
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Joey Deacon said:
Paul driving his Lambo despite not having an MOT for over a month....

https://www.youtube.com/watch?v=7dfsvM1py-o
Oh dear. That was bloody awful. Basically, drive it like a normal car?

The B-roll mainly consisting of the A pillar and wing mirror of a following car and little comments about cars passing in the other direction that the viewer never gets to see, just cut it out. Adds nothing to the video except amateurishness.

I always get the impression with recent SOL uploads that very little thought goes into them. Just set the camera recording and start talking. Then put all the footage into Premier Pro, don't cut or trim anything and then upload it.

Still really hope that he ups his game and finds a direction before his channel completely hits the wall!

johnwilliams77

8,308 posts

102 months

Monday 23rd September 2019
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Joey Deacon said:
Paul driving his Lambo despite not having an MOT for over a month....

https://www.youtube.com/watch?v=7dfsvM1py-o
How do you know when it was filmed?

The Li-ion King

3,766 posts

63 months

Monday 23rd September 2019
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johnwilliams77 said:
How do you know when it was filmed?
Unless the Lambo has an integral time machine to take it back to August 18 before the MOT ran out, we can assume it was done this Saturday during the last of the sunny weather wink

SOL has a new numberplate on order for the Lambo, NO59 MOT... biggrin

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