You may or may not agree with my points in the video but I've got nothing to hide when it comes to how I ended up owning a McLaren so wanted to make a video explaining things to you all. Hope you enjoy!

@joelthorogood1727

7 жыл бұрын

Seen Through Glass I can't even afford the down payment for your car! Finance is every respectable bro 👌

@TGE

7 жыл бұрын

Seen Through Glass Good video squire. Nice to see some transparency ⛹

@destinparker7511

7 жыл бұрын

Great Video @Seen Through Glass! I'm getting a 2008 Maserati soon... Financing is definitely the better Option in terms of depreciation in today's economy.

@SPM2Comp

7 жыл бұрын

Seen Through Glass I was simply enquiring as to what ball park figure you put down and how much it is PCM? When I watched the video I assumed that that info was a given. For example when Chris Harris bought his 4.0 GT3 he stated to pistonheaders how much he put down and how much he paid a month - which is basically the meat on the bone!

@bencbr4

7 жыл бұрын

Seen Through Glass Let's be honest can't be that bad of a think of your driving a McLaren. You work hard which can't be criticised

just start a lemonade shop at the age of 6! ps. if you are over 6, this wont work.

@odinlarsen_

7 жыл бұрын

Jr garage lol

@claviclenotch1876

7 жыл бұрын

E55 BæMG Ice tea?

@Halliday57

7 жыл бұрын

What about beer ?

@tylermelendez-duke2206

7 жыл бұрын

Snafu JR Garage does stocks on lemonade😂

@abdulsattar8075

7 жыл бұрын

Tyler Melendez-Duke 💕

Real talk 🔑🔑🔑

@andrei147

7 жыл бұрын

TGE TV hi

@dylan_s1

7 жыл бұрын

TGE TV Superfast talk

Simple answer is: Sam has sold his hair and the stupid cat of his sister. Thank me later!

@seenthroughglass

7 жыл бұрын

Ha god I wish I could sell that stupid cat!

@bossdefender8037

7 жыл бұрын

Haha! :D

@markchip1

7 жыл бұрын

Seen Through Glass - to a laboratory, I'd bet!!

@whatsfordinner1695

7 жыл бұрын

hohoho i see what you did there

@Da51lva

7 жыл бұрын

Stefan Georgievski and poor cat too!

I'm gonna do a video like this about how I was able to buy an Accent

@E55BaeMG

7 жыл бұрын

Hyundai Accent Fan Club financing ye? talk more about how they got to agree to finance it and by how much years and stuff...

@archier8v10plusshamilton2

7 жыл бұрын

E55 BæMG Finance C63 or Subaru WRX STI

@Haenki

7 жыл бұрын

Why does the Hyundai Accident have a fan club?

@jeremysantosa7147

7 жыл бұрын

C J IDK. I barely enjoy Hyundais except the Tiburon and Genesis. Accents are just commuters.

@roadreg1820

7 жыл бұрын

C J I think it's a 'joke' fan club. It was a cool rally car tho.. 'remember it in the original WRC game on PS2. Ah, the memories.. times have changed 🤔

I got my Ferrari at the age of 23 by stealing it from a parking lot.

@jeremysantosa7147

7 жыл бұрын

Merle Therrien You my man.

@callumpenman5992

7 жыл бұрын

Merle Therrien I just did that yesterday in GTA...good times

@mrstateyourname8503

7 жыл бұрын

Merle Therrien dhdhdk

@PaddyMcQueen

5 жыл бұрын

it was a 1/18 Ferrari of course... :D

@HH-ls5fu

4 жыл бұрын

so inspirational man.thank you

5:02 - 5:06 best part. In those 4 secounds he tells you all u need to know about financing.

@Nationof300

5 жыл бұрын

Jacky 😅🤣🤣🤣

Step 1: be rich Step 2: refer to step 1

@alfo2908

7 жыл бұрын

LA of LA yea one thing tho, he aint rich

@bammetjepindakaas

7 жыл бұрын

That is such a loser mentality get a life fools

@Joshua-bb3ko

7 жыл бұрын

LA of LA hahahahahaha

@electrosniper77

7 жыл бұрын

Sam's surname is Fane...go look up Who is Dad is lol

@ian_md

7 жыл бұрын

Fair enough he's from the Fane family, Hon Harry Fane no less, but all we can do is take his word for it that he's financing this car and going alone with this venture. Whether his family afford him the protection to follow this dream, I don't know, nor care; as long as the content is good.

Very good video man! All well said and TAKE ME TO THOSE ROADS! Haha

@sdogsdog9136

7 жыл бұрын

Supercars of London The road he's driving on is in Buckinghamshire. CarBuyer used to film there.

@Pedro-tt4ub

7 жыл бұрын

Supercars of London - Princes risborough and inbetween road between great missenden, cheeky dual carriageway with no police either

@AznS0ulja

7 жыл бұрын

I bet paul buys his cars in a massive lumpsum, because he's a fucking dumb idiot

@zainlilani3408

7 жыл бұрын

Wow dude, chill. +Mysterious Laptop

@SuperSaiyan3985

7 жыл бұрын

Your turn SOL.

It's financially very silly to take out a loan on a high-priced depreciating asset (or even to purchase one for cash, with a middle-income/moderate net worth). Easiest way to lose wealth over time. For Sam, there's an exception because this car is generating him youtube views/revenue.

@henrit16

7 жыл бұрын

Well, if you have infinite amount of money, then yes, it would be financially silly. But if you wanted to buy a 200k car and you had 200k, you would be better off financing a car, and generating money off of the leftover 150k (assuming that you know how to make money, what you would if you already had 200k, or certainly more than the 4 percent or whatever the finance interest rate is). Otherwise buying cash you would be sitting on a depreciating asset and have all money tied up. My point being - it all depends on circumstances and can not be generalised. But financing a depreciating hell like new 7-series or S-class I don't get.

@IndependenceCityMotoring

7 жыл бұрын

Henri Trees My point is don't buy it in the first place. Just because you have 200k in the bank doesnt mean you can afford a 200k depreciating asset. Really you need an income of at least 600-800k/year to buy a 200k car.

@Joek9100

7 жыл бұрын

fiveomar financially speaking buying a supercar at all is silly. financially speaking we should all be buying 1 liter turbo diesels

@homerun217

7 жыл бұрын

Say you pay cash for a $100k car that is worth $60k in 3 years; you've lost $40k in 3 years. Or you can finance it at 2-3%, put $20k down, and have cash left over to invest and make 5%+ return on. The car is still going to be worth the same amount at the end of the 3 years, but you'll have made a net gain over what you would have if you paid $100k upfront. Plus you have the benefit of the extra $80k in your pocket.

@gmansplit

7 жыл бұрын

+fiveomar What? Are you fucking joking when you say shit like "600-800k/year to buy a 200k car"? For a 200k car, you need to make 125k(USD) per year, and you can COMFORTABLY afford it. Unless you are one of these idiots who gets a 30-year mortgage on a 500k house when they make 125k, you can comfortably afford that car. If you get a 4-year loan with a 50k down payment, you'll still have 40k/year left after taxes. About 20k of that will go to other living expenses, and still 20k of that can go to investments (real estate for example).

What an upgrade in only 5 years!!!!

This right here is the reason I’ve subbed to your channel Sam. Thanks for your honesty. Too many others have this super car thing as if it’s untouchable to everyone else this side of the screen. Be honest with yourself, be smart with your money, work hard and you can attain most if not all of what you want in life.

Sam's parents were right. Buying on credit means you end up paying more. Usually a lot more. I think we'd all appreciate knowing a) what the monthly payment actually is and b) what work he does beyond KZread. That would allow people to have an understanding of how the sums work out and what they would have to do to join this club. I admire Sam both for admitting that it's a scary sum and for committing to the cars he loves...but we still don't have a full picture and the KZread-makes-you-rich illusion remains.

@bigjay1970

7 жыл бұрын

Patrick Andrews it does make you very rich for some. it's a secret society in a way. there are people that make $100,000 a month easily just because you watch their video an make comments. there are youtube videos dedicated to this topic. you would be shocked how much some people make. shocked.

@Speednote10

7 жыл бұрын

Chris Harris went over his numbers when he bought his Ferrari FF, the video is on youtube. I think he put a £45k deposit down and paid £1500/month. I don't think he mentioned the price of the car though but it was probably something like £150-170k.

@ChrisDorgan

7 жыл бұрын

For the FF he would be lucky for it to have been £150k... was it new? I can't remember now. The funny thing is (especially with Ferrari) if you can get in there at any level, it's easy to move up the ladder as the cars have great residuals in comparison to other brands and then all you need is one gamble on a special edition, keep it for a while, enjoy it, love it stretch them payments out and then sell it without losing a penny or even making a profit :P

@Speednote10

7 жыл бұрын

Chris Dorgan Harris FF was two years old when he bought it. If I'm not mistaken shmee bought his FF not too long after Harris and IIRC his was £140k.

@willywillywillywillywilly

7 жыл бұрын

You're absolutely right that this video did nothing to shatter the KZread-makes-you-rich myth. He didn't give any numbers, he didn't talk about his money or career going into KZread, or how much he makes on KZread and on the side currently.

Great video, informative and honest. There's no way I could ever afford a car like that here in Australia, but I remember the sickly feeling I got when financing our first new car. Well done Sam I hope you enjoy every minute.

Honestly it's so refreshing to see a youtuber be so transparent about everything, no clickbaits, getting straight to the point this is why I love watching you! Im really happy for you!

Props to you Sam!! I definitely dream of owning my own supercar in the future

You took a small loan of half a million dollars? 😉

@BondTheOGYT

7 жыл бұрын

Love you Sam

@AxelGrassi

7 жыл бұрын

Bond my man!

@BondTheOGYT

7 жыл бұрын

Axel Grassi-Havnen Ayyyyy what's good!

@aabidamn

7 жыл бұрын

And grab em by the 540c.

@CollectWithRyan

7 жыл бұрын

STG for president

Almost expected some Tai Lopez bs. Glad to see you being honest and giving real talk!

@arminpetschelt8127

7 жыл бұрын

I really hope this wasn't sponsored by Magnitude.

People who buy high value cars use finance. They put the money into a high yield account and the interest they earn on it goes into that account. They also take the monthly payment from that account. Nothing wrong with finance. I think people whom are jealous use the finance 'insult' to make themselves feel better about their own circumstances.

@wlchan0916

6 жыл бұрын

eSysman financing is the best way to go on very expensive cars in my opinion. Haters gonna hate :)

@harriehealey7285

5 жыл бұрын

Team Americana they do if you put a lot in.

Thanks Sam, I really appreciate you're genuine attitude and honesty! You're a legend!

Sam watches Salomondrins Podcast and makes a Video regarding financing Cars ;)

@seenthroughglass

7 жыл бұрын

Ha funnily I've been planning this video ever since I bought the car but noticed that Salomondrin guys were talking about it the other day. KZread is a small world :P

@jixi40

7 жыл бұрын

Kemo23 That's what I thought 😅

Thanks for making this vid, Sam. Great insight into financing! :) Gives us all food for thought... Keep up the great work mate.

I'm not used to comment on KZread but this time I am and sorry for my English! I discovered your channel when I heard you bought my dream car: a 540C (or 570S/GT). I worked hard since years to be able to own a dream car. Now I'm looking on how to buy one in a close future. Your video helps a lot. Knowing you can have a good job and to be able to buy a supercar without being billionaire or a car youtuber, motivates me more than ever. You're a passionate, honest and simple person. I like every single one of your videos for those reasons. Keep going and please stay yourself. Thumbs Up! THANK YOU man.

Best video from STG so far, really really good solid info and honest talk, kudos for that!

This car depreciated by£587 during this vlog.

@inspirice9844

5 жыл бұрын

who cares, it's the driving that counts

Still didn't mention what you do for a living. DAMN

@EA40

7 жыл бұрын

Arsene Wenger he's a manager for players of fourth rank rugby clubs

@---hi4zl

6 жыл бұрын

A good piece of advice given by a lot of entrepreneurs is it doesnt matter what they do, because if you try and replicate it you wont have the same passion to be able to put in the effort they had to to guarantee their success. Ie; do something you enjoy

@kevk4908

6 жыл бұрын

- - yep

@audi1ification

6 жыл бұрын

asking daddy's money

@wlchan0916

6 жыл бұрын

Just do what u gotta do doing what u love most.

Another great video Sam! Very refreshing to hear someone being honest, it's what sets your videos aside from other KZreadr's.

massive respect for coming out with this video 👍

Always amazed how many people finance their cars in the UK. But hey, if it works for you then its 👌

@MultiFerrarifreak

7 жыл бұрын

Germany and USA the same, the best thing you can do with expensive and depreciating shit

@anonymousmind

7 жыл бұрын

statesidesupercars people in the UK finance it as you can still have that money instead of blowing 100k on a car.

@Speednote10

7 жыл бұрын

+Petrol Head A car depreciates no matter how you pay for it. It's not like you avoid paying for the depreciation if you finance (or lease for that matter).

There's an easy way to become a millionaire in and around cars. Trouble is you have to be a billionaire first.

@thomson765

7 жыл бұрын

is this a version of richard bransons "to earn a million with an airline, you need a billion"-quote?

Sam, great video as always..long time subscriber here! keep doing your thing man :D

This is your best video yet. And I appreciate your honesty and frankness.

love this

Great video. IMO as long as the payments don't hold you back on achieving other more important goals you've set for yourself, by all means, finance it!

@llisagomez5706

3 жыл бұрын

Thanks mom

Awesome video. I just financed my first new car. Have gone from an '04 Polo to a '66 Polo - financed. Love it.I'm glad you agree, Sam! Keep up the good work.

Probably the best video I've seen on this channel. Very informative and honest advice. Thumbs up!

From an Audi TT to a McLaren.

@WK-zb3ly

7 жыл бұрын

W-James, TTS actually

@memorablename5187

7 жыл бұрын

no, he had a 8c and a f type

@WK-zb3ly

7 жыл бұрын

Memorable Name. He had an Audi TTS, then a 4c(not an 8c), then the f type r. Now the 540c

@youtasteofcherryade

7 жыл бұрын

His first car was a mk4 golf 1.4L. Quite a jump over less (maybe) than a 10 year period!

@BalkanBoyBiH

7 жыл бұрын

his dad is filthy rich

For anyone that thinks Shmee150 has gone and bought £1m of cars with cash are insane, He is buying very sensible low depreciation cars with very low interest loans, It wouldn’t surprise me if he is literally just paying Interest only on his McLaren.

@Beer_Dad1975

7 жыл бұрын

Also he's very careful about the mileage he does in them. I think that would drive me insane having to watch the odo all the time and plan all my trips based on how much resale the car was going to have left... I pay cash for something and drive my car whenever I want, I've done 65,000km in 3 years. Sure it's not a supercar but I still love driving it, and if I lose $30K on it over the 5 years or so I'll probably keep it for, it's not going to keep me up at night worrying about it. Of course for Shmee cars are also work, so different situation entirely.

@Efficks

7 жыл бұрын

RogueAnt Schmee mentioned in a video that the FF was financed not sure about the others but it's possible they are cash

@Boo1233457

7 жыл бұрын

Matthew Sharpe yeah he watches his milage.....hence the constant euro trips 🙄🙄

@Beer_Dad1975

7 жыл бұрын

Boo1233457 where he ships his cars over, and flys over, or drives his cheaper car over to meet up with them, so he can keep the mileage down.

@Dethred1

7 жыл бұрын

This is why you don't trust anyone replying to KZread videos. Shmee150, before his current McLaren, had a 650S spider. If you actually follow and understand cars, and don't just follow bullshit richboy youtube channels, you'd know that the moment you drive a 650S off the lot, you've basically set USD$100,000 on fire. No Kid in their 20's with even a million subs on their shitty KZread channel can absorb that kind of hit, and keep trading around cars (most of which are still depreciating, because they're seeing mileage). This isn't even taking into account the VAT on those car purchases, and running expenses. My point? Every single one of these kids have mommy and daddy money, regardless of the bullshit excuses morons in the comments section come up with.

Thank you for putting this video up :) at least someone is transparent...and worked their way to get it! Keep it up Sam!!!

Amazing video sam, been waiting for this

*It was the lemonade stand innit?*

I have my car on finance (fair enough it isn't a McLaren) however It's the only way I could afford a car worth over 25K

@jonathanhill3543

3 жыл бұрын

@@lommerdpassievrucht8555 moron lol

Thank god for you Sam, you always cheer me up when i am in bad mood👏🏻

An honest and brilliant vlog! Love STG!

buy me one to, your next video can be how I bought a random youtuber a McLaren !

5:22 Subtly mocking SOL #savage

Man kudos to you for being honest! We all wanted to know how it works out and this has been very helpful!

Like the honesty, it's something the car youtube scene has been lacking. Great video

btw the fact that you can even afford to finance a mclaren is pretty impressive in itself.

"As soon as my mortgage was paid..." Huh? He's like 14. Good video though. I bet the no of times Magnitude were mentioned had a bearing on the size of the payments. But why not, great advert for them.

Thanks for the down to the earth video and its refreshing that someone is open and honest about how the majority of expensive cars are purchased :)

i always watch sam's video and just wonder how it looks so effortlessly comfortable, then i just start to pay attention to details. like at 2:52, you have this outside shot of the car, which is a great way to switch up perspective , but it's the kind of thing you don't really notice, then you think about it, he must have parked first, set up the camera, then drive back on the road to make the shot, stop the car, go back and take the camera, and all for this 1, 2 seconds of footage. I see a great commitment here, and i love it.

Ok Sam - how much did you put down as a deposit and how much is the monthly payment?

@TheJkghfg

7 жыл бұрын

I'm gueesing he put around a £10k deposit and then pays about £950- £1250 a month.

@AAA-sl3mg

7 жыл бұрын

The Jkghfg for a 140k car? No way, 30k down 3k per month i reckon

@TheJkghfg

7 жыл бұрын

Nah. 8 Months of payments would have paid this car off and the past 2 cars he's had have been for around 8 months. Also, let's not forget that this is Sam's first ever supercar. He's going to be doing things with this car and probably has other money saved. Atleast that's what I would do.

@3TimesFaster

7 жыл бұрын

In one of the comments he mentioned that Mclaren offers the 540c for 30k down and around 950~ monthly. As he's financing through an independent financing company, it's surely a little bit less than that.

@hakhinds

7 жыл бұрын

more thank that i think. about 30k down and £2k per month probably

if everyday we all put in $1 in a pot, then randomly give it away to one of us, then each day one of us would get a mini lotto winning. the risk of loosing $1 is worth chance of winning 150,000. we should start something like this

@nasa1985

7 жыл бұрын

JDM Cesar. Completely agree!

@ovais909

7 жыл бұрын

Thats called a Pyramid scheme

@PornobrillenAli

7 жыл бұрын

No, the principle is the same as the lottery. If you split up the total sum you invest to maybe win the jackpot into daily payments doesn't change anything.

@ovais909

7 жыл бұрын

Then just buy a lottery ticket , what the point of starting a new scheme from scratch?

@dudz5825

7 жыл бұрын

JDM Cesar that's £1 a day, that will add up

Hope you enjoyed the drive in my neck of the woods! Chilterns are beautiful, please come back soon!

Not gonna lie you nailed it with that wrap. I absolutely love it. The color doesn't punch you in the face but it definitely stands out

I'm going to guess "money"?

!!!!THAT WAS A HUGE TRUCK!!!! hahaha that was amazing haha

enjoy your vlogs keep the work up

and this is how the financial crisis started kids!

@rousseau327

6 жыл бұрын

Borrowing money/financing is not he sole reason why the financial crisis started lol. You can borrow money to stretch you budget and be good financially, or you can pay in cash in full and be struggling financially.

If you owe someone money for something you "own", you don't really own it. If something unforeseen happens the banks will reclaim their possessions which you are essentially borrowing and financially enslaved to until the payments are complete (plus interest). Financial wealth is made in 3 different ways, having a great career, investing money in appreciating assets and living below your means. If you don't have a great career it's difficult to invest in anything, so the only way to gain wealth is through living below your means.

@user-zf1ol7op7y

7 жыл бұрын

Thank you and here is a simple exercise. Miss one or two payments on that "financing" and you'll quickly realize who owns what. If he can't keep up the payments the bank will repossess the car and sell it to pay back the obligation.

@1pfuller

7 жыл бұрын

So you're the guy who pays for his pickup truck in cash huh?

I'm a new subscriber now. Pure honesty. I like that.

Nice video! I really like your enthusiasm in the upcoming weeks to the moment of buying the car.

Come on Sam, we all know you don't have a mortgage, especially in the posh part of West London you live.

@psbrayshaw

7 жыл бұрын

MylesHSG he lives with his mummy and daddy.

@MylesHSG

7 жыл бұрын

Paul Bright Don't blame him, where he lives rents are crazy expensive.

No shame with financing - thats what MrJww, SOL, Schmee all do it - shame the guys are not as honest as STG in coming clean about it

Awsome video! Thanks for sharing!

This has been a really helpful video. Im looking to finance a new car (not a supercar) but its been good to see your point of view about it. Thank you for sharing this STG :)

10:17 your name might be on the V5 but what does it say above it? "This is not proof of ownership" 😁

Difference between financing and leasing?

@Igreendaylinkinpark

7 жыл бұрын

It means taking a loan.

@seenthroughglass

7 жыл бұрын

+James R. Astor from Austria No. Different things. Leasing is where a company buys the car and you 'rent' it from them. Financing is where you borrow some, or all, of the capital needed to buy the car

@00Catch00

7 жыл бұрын

Which is the same, except when you're financing you're just paying more interest. It's better to lease if you own the company because it's just cheaper.

@johannesmaximilian848

7 жыл бұрын

Seen Through Glass Ok i see. Thanks mate.

@outbook

7 жыл бұрын

Leasing has higher interest

love the content Sam. Keep up the great work. p.s. I'm not a McLaren fan, but your car has changed that

love the video. keep up the good work

What's your job outside of youtube?

@Pantera972

7 жыл бұрын

Zain he doesn't have one

@the-boring-car-guy

7 жыл бұрын

The Noob Gamer he does

@bossdefender8037

7 жыл бұрын

He's self-employed as an Property Manager, as far as I know.

@aabidamn

7 жыл бұрын

Lawn mower.

@RAT.MAN.

7 жыл бұрын

Postman

When is your exhaust fitted?

@E55BaeMG

7 жыл бұрын

Ilham Prabaswara it was fitted from the factory during the production

@seenthroughglass

7 жыл бұрын

Hopefully mid March! Can't wait

brilliant and very informative video . cheers sam

Thank you for making this video ! 🙏🏼

So.. what's your job? :P

@gijsdegroot7602

7 жыл бұрын

John HeadBuster wtf do you ever watch one of his videos? He doesn't have another job.

@johnhb123

7 жыл бұрын

I don't think he makes 5k a month with KZread..

@gijsdegroot7602

7 жыл бұрын

John HeadBuster well aperently he does because i can promise you he does not have another job.

@MrZcase

7 жыл бұрын

John HeadBuster It's possible. He has put out 18 videos in the last month if they average 100,000 views each (they actually average more) that's 1.8 million views in a month. I've read that advertisers pay 2 to 5 dollars per 1,000 views on average. If we're modest and say he makes 3 dollars per thousand views that would give him about 5,400 dollars in the last month.

@lm658

7 жыл бұрын

Gijs de Groot he does have another job.

In the USA 99.9 % of people finance or lease

@3TimesFaster

7 жыл бұрын

Same shit in Germany.

@PornobrillenAli

7 жыл бұрын

Bei uns finanzieren sicherlich nicht 99,9% der Leute ihre Karren. Es sind sicherlich viele, aber bei Weitem nciht so viele wie in den USA, wo du sogar Supermarkteinkäufe in Raten zahlen kannst.

@3TimesFaster

7 жыл бұрын

Ca. 75-85% aller Neuwagen der Deutschen Hersteller werden als Firmenwagen verleast. Rest der Zulassungen fällt auf Private, wobei auch dort ein Großteil finanziert/least. Bei den Gebrauchtwagen/Neuwagen der anderen Hersteller siehts dann sicherlich etwas anders aus, aber auch da sollte eine Finanzierungsquote von >50% realistisch sein.

@PornobrillenAli

7 жыл бұрын

Mit den Zahlen bin ich einverstanden. Allerdings ist die Finanzierungsquote in den USA im Vergleich zu uns noch wesentlich höher. Das ist es, was ich meine.

@ccoooocc9714

7 жыл бұрын

3TimesFaster english pls, i've alway been interested in germans finance and leasing cars, can you tell me the types you guys offer and what is better? thanks.

Loved this video, perfect time for me to hear this.

this video was really helpful and actually has helped me make some really important decisions about my first car

You don't look as happy with mclaren compared to ftype

@wildan2136

7 жыл бұрын

JackJet Games well he cant sleep at night due to its monthly payment

i wonder how much financing a 540C costs, i know that leasing a F12 costs 3000€ a month, but financing a 540c...

Great video! Really enjoyed it.

Thanks for being so honest and transparent!

I would never get a car on finance, lose your job and you lose your car. You also appreciate your car more when you pay for it with cash.

@joseopao

6 жыл бұрын

TestedModz 👌

So you don't own a Maclaren, the bank does. And if your KZread is your primary income, well fuck, im assuming all your incoming is going to it considering you have 241K subs

This video is like a pantomime horse on heat goes to a business meeting ! love how you excitedly portray information....

Just to clarify something you said at 10:15. A registration document (V5) is not proof of ownership. The registered keeper should be the person who is actually using / keeping the vehicle and this is not necessarily the owner of the vehicle or the person who is paying for it.

Depreciation is a red herring in this conversation. Bottom line is that if you finance, you are the owner and generally bear exactly the same depreciation as if you buy cash. If you are choosing between financing and paying cash, the question is really whether you can invest the cash in another asset that will generate a risk-adjusted return that exceeds the interest rate on the loan. The answer may well be yes. But that has nothing to do with depreciation, since you're bearing that in either case.

That's the motivation that a need nice video Sam cheers

Very honest story Sam, respect bro, nice car, you deserve some more subs!

Fantastic report! Great that you explained this...

Thank you for the honesty! And that point about hard work. So true

Cool video as always!!! And here's a random video suggestion, do a video in the country roads like in peak district park or similar in the McLaren, like a small road trip/shootout!!! :P

thanks for the insight into car financing. i am 19 yrs old and i love cars. i've always wondered how youngsters are able to purchase cares at such an age. thank you again sam.

Straightforward and honest nice one Sam

Very nice Video Sam!

props to you sam for sharing this!

This is the best video I have seen. Financing is definitely a more sensible way to buy a car, and yes it is a depreciating asset. Thanks for the information, this has been a very helpful video.

Good honest job Sam.I have learnt most important thing when financing is to shop money around.Often worst place to finance here in Australia is with dealer. Rates can vary up to 5% which makes hundreds $ month difference in payments.

Great Video, I think even Tim said he finances his FF and I am sure he could buy it outright if he wanted to but Financially it doesn't pay to do that. You work hard you save for your dream cars and you work out how to get them, You deserve it.