Tax the Rich cars for sale

Tax the Rich cars for sale

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Discussion

Muzzer79

9,961 posts

187 months

Wednesday 9th November 2022
quotequote all
Doofus said:
Petrus1983 said:
So their previous lives do generally seem to be reflected in the prices achieved then.
Compared to what?

£4m for the Chiron seems fine. As does £2m for the LaFerrari and Enzo and £1.4m for the F40.

Some prices surprised me - £1m for a 599 Aperta yikes

I'd struggle with paying four times the price of a 550 Barchetta (which, IMO, is one of the most beautiful modern Ferraris) for a 599 Aperta

m3jappa

6,425 posts

218 months

Thursday 10th November 2022
quotequote all
What a remarkable collection of cars, some of the sold prices are eye watering.

2 questions:

1. why have they sold all of them?

2. where on earth do people get the money to amass a collection of cars like that, i mean if thats just the cars imagine what other aspects of their lifestyle must be.

Pflanzgarten

3,942 posts

25 months

Thursday 10th November 2022
quotequote all
m3jappa said:
What a remarkable collection of cars, some of the sold prices are eye watering.

2 questions:

1. why have they sold all of them?

2. where on earth do people get the money to amass a collection of cars like that, i mean if thats just the cars imagine what other aspects of their lifestyle must be.
Tax and capital gains free profit.

TO73074E

414 posts

27 months

Thursday 10th November 2022
quotequote all
Some absolute stunners there. I was surprised the Lancia Delta S4 went for a lower price than the Audi Quattro S1 E2 though. The Lancia won the 1985 Monte Carlo rally whereas the Quattro retired from the 1985 Lombard RAC rally. I guess the Quattro's are rarer though so maybe that is why?

Muzzer79

9,961 posts

187 months

Thursday 10th November 2022
quotequote all
m3jappa said:
2. where on earth do people get the money to amass a collection of cars like that, i mean if thats just the cars imagine what other aspects of their lifestyle must be.
IINM, the Tax the Rich fellas were related to the guy who founded Foxtons estate agents and then sold it just before the 2008 credit crunch for £400m......

WF36

599 posts

158 months

Thursday 10th November 2022
quotequote all
Muzzer79 said:
IINM, the Tax the Rich fellas were related to the guy who founded Foxtons estate agents and then sold it just before the 2008 credit crunch for £400m......
https://en.wikipedia.org/wiki/Jon_Hunt

Tax the rich = his kids

m3jappa

6,425 posts

218 months

Thursday 10th November 2022
quotequote all
Muzzer79 said:
m3jappa said:
2. where on earth do people get the money to amass a collection of cars like that, i mean if thats just the cars imagine what other aspects of their lifestyle must be.
IINM, the Tax the Rich fellas were related to the guy who founded Foxtons estate agents and then sold it just before the 2008 credit crunch for £400m......
Wow, fair enough. An incredible amount of money.

Greenmantle

1,267 posts

108 months

Wednesday 16th November 2022
quotequote all
m3jappa said:
Wow, fair enough. An incredible amount of money.
Yes an incredible amount of money in the sale but how does that compare to the amount of money they had to spend on the cars in the first place.
I'm sure there isn't much in it!
Should have bought bricks and mortar instead.
Yes I'm only joking!

Caddyshack

10,809 posts

206 months

Wednesday 16th November 2022
quotequote all
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?

Muzzer79

9,961 posts

187 months

Wednesday 16th November 2022
quotequote all
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.

ColdoRS

1,803 posts

127 months

Wednesday 16th November 2022
quotequote all
Muzzer79 said:
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.
I would imagine the buyers of the cars (considering the value) would have done their due diligence, or their buyer/concierge type person would have on their behalf? Surely no matter how wealthy you are, you don’t buy cars of that value without knowing a bit about the history.

Greenmantle

1,267 posts

108 months

Wednesday 16th November 2022
quotequote all
ColdoRS said:
Muzzer79 said:
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.
I would imagine the buyers of the cars (considering the value) would have done their due diligence, or their buyer/concierge type person would have on their behalf? Surely no matter how wealthy you are, you don’t buy cars of that value without knowing a bit about the history.
given that and the fact that they got top money I suspect some sort of Damien Hirst deal was done! I wouldn't be surprised if they turned up at auction again individually.

Caddyshack

10,809 posts

206 months

Wednesday 16th November 2022
quotequote all
Muzzer79 said:
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.
Gordon Murray said that the majority of buyers for his £3m supercar surprised him as being a new generation of under 40's and many come from a background of the E world and many will have youtube type businesses. So, I think some buyers are very much in to cars that are famous.

To be fair cars driven by the likes of Colin McRae or other rally or F1 stars have huge values because of their racing fame of that vehicle and driver....even celebrity owners on the first log book seem to bump up prices.

Maybe you know more about the buyers of these cars to know they do not care how famous the cars are?

ChocolateFrog

25,326 posts

173 months

Wednesday 16th November 2022
quotequote all
Doofus said:
But given the cars' value, would you buy one of his, or a different one from somebody else?
You'd want to have them inspected thoroughly.

You'd also feel a bit sick if you want them unaware and your mate showed you the video of it bouncing off the limiter in a field.

ChocolateFrog

25,326 posts

173 months

Wednesday 16th November 2022
quotequote all
A million quid for a 599, 1.4 for a Testarossa.

I'm sure they must be special versions but that's insane.

Interesting that the Enzo and the LaFerrari are virtually the same price.

Caddyshack

10,809 posts

206 months

Wednesday 16th November 2022
quotequote all
ChocolateFrog said:
Doofus said:
But given the cars' value, would you buy one of his, or a different one from somebody else?
You'd want to have them inspected thoroughly.

You'd also feel a bit sick if you want them unaware and your mate showed you the video of it bouncing off the limiter in a field.
The rev limiter is set by the manufacturer to protect the engine...their tests will often have the engine bouncing off the limiter for many hours to make sure it can do it. The AMG factory uses their engine dyno to power the lights, I believe the TUV says that any power output quoted has to be proven that the engine can still make that power after 100,000 KM too.


I am not sure I would be too bothered if I bought a car and found out later that it had, on one occasion been bombed across a field and had hit the rev limiter?

I once bought a new Cerbera, it was an ex demo but sold in the year or manufacture. I was told by sales how to finish the run in period. I later met a client who had borrowed the car from the dealer before I bought it and had also attended a track day by the dealer and said he ragged it around the track with other customers....It only bothered me due to the pretence of running it in.

Muzzer79

9,961 posts

187 months

Wednesday 16th November 2022
quotequote all
Caddyshack said:
Muzzer79 said:
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.
Gordon Murray said that the majority of buyers for his £3m supercar surprised him as being a new generation of under 40's and many come from a background of the E world and many will have youtube type businesses. So, I think some buyers are very much in to cars that are famous.

To be fair cars driven by the likes of Colin McRae or other rally or F1 stars have huge values because of their racing fame of that vehicle and driver....even celebrity owners on the first log book seem to bump up prices.

Maybe you know more about the buyers of these cars to know they do not care how famous the cars are?
Cars driven by actual celebrities that are traceable and have provenance, are famous and carry additional value - case in point being ex-Royalty/film star/sports star.

Cars that have been used in significant films or events that are traceable and have provenance, are famous and carry additional value.

But these cars aren't famous. They are allegedly linked to some people who allegedly ran a YouTube channel that featured cars that were allegedly the ones in the sale.

They didn't even get that many views (in YouTube terms)

Plus, if you were to look at TaxTheRich's YT channel now, as it stands, none of the cars from the sale are actually on it.

Caddyshack

10,809 posts

206 months

Wednesday 16th November 2022
quotequote all
Muzzer79 said:
Caddyshack said:
Muzzer79 said:
Caddyshack said:
£20m...seems that people were not put off by the You tube vids of people having some fun in the cars...maybe it added to the value being a bit famous?
No, that's not the case at all. Buyers of these sorts off cars don't care how famous they are on YT.

I doubt the Youtube thing had any effect whatsoever. The videos were officially anonymous enough to not be directly linked to the cars on sale.
Gordon Murray said that the majority of buyers for his £3m supercar surprised him as being a new generation of under 40's and many come from a background of the E world and many will have youtube type businesses. So, I think some buyers are very much in to cars that are famous.

To be fair cars driven by the likes of Colin McRae or other rally or F1 stars have huge values because of their racing fame of that vehicle and driver....even celebrity owners on the first log book seem to bump up prices.

Maybe you know more about the buyers of these cars to know they do not care how famous the cars are?
Cars driven by actual celebrities that are traceable and have provenance, are famous and carry additional value - case in point being ex-Royalty/film star/sports star.

Cars that have been used in significant films or events that are traceable and have provenance, are famous and carry additional value.

But these cars aren't famous. They are allegedly linked to some people who allegedly ran a YouTube channel that featured cars that were allegedly the ones in the sale.

They didn't even get that many views (in YouTube terms)

Plus, if you were to look at TaxTheRich's YT channel now, as it stands, none of the cars from the sale are actually on it.
And yet here we all are discussing those cars.

My point was that when we refer to most of the replies on this thread it seems the buyers were not put off by those YT vids.

I added that MAYBE it added value? (I was only posting to wonder if some people were attracted to the notoriety of the cars in the vids) I guess the F40 used in the YT vids is the most famous F40 that I can think of...I can remember one owned by an 80's F1 Champ that car was quite famous and was displayed in a showroom in Surrey.

Fame is clearly subjective, hence reality "stars" being celebs...they are not to me but I am nearly 50...my 14 yr old daughter gets excited meeting Tik Tok people in public so to her they are more famous than the name Elvis Presley to her. Not sure if she would want to pay more for a car owned by a Tik Tok star.

Patrick1964

696 posts

231 months

Friday 25th November 2022
quotequote all
The 220S cars were built from cars which had been crashed in the "Fastmasters" race series in the US. Powersliding one round a field is a minor detail compared to the state they were after being raced.

Hondafanat

25 posts

62 months

Tuesday 29th November 2022
quotequote all
Probably thrashed to bits.