In short
Podcast Summary: The Iced Coffee Hour - Episode "I Need Help!" with Tavarish
Episode Overview The episode features Tavarish, a prominent automotive YouTuber, who discusses his experiences with hypercars, his financial challenges, and the impact of his content creation journey on his life. Hosts Graham Stephan and Jack Selby engage in a candid conversation about Tavarish's car collection, rebuild projects, and insights into the automotive industry.
Key Themes and Discussions
Hypercar Collection and Value
- Current Car Collection: Tavarish owns a notable collection of hypercars, including a McLaren P1 and a Porsche 918 Spyder.
- Value Fluctuations: The value of hypercars has significantly increased, with the P1 and 918 Spyder noted as part of the "hypercar holy trinity."
- Market Trends: The hypercar market has seen inflation, increasing the value of vehicles that were previously more affordable.
Rebuilding Cars
- Profitability of Rebuilds: Tavarish discusses whether average individuals can profit from rebuilding cars, noting the complexity and investment required.
- Challenges in Rebuilding: He emphasizes the difficulties faced when restoring high-value cars—both financial and technical.
Content Strategy and YouTube Challenges
- Content Creation: The importance of engaging and high-quality content is discussed, as Tavarish aims to create videos that resonate with his audience.
- Consistency Issues: Tavarish acknowledges struggles with posting frequency, attributing it to the complexity of projects and the time required to produce quality content.
Financial Insights
- Channel Finances: Discussion on the financials of running a YouTube channel, including the costs associated with car repairs, insurance, and other expenses.
- Long-Term Mindset: Tavarish promotes a long-term perspective in his projects, focusing on quality over speed.
Car Knowledge and Maintenance
- Essential Car Skills: Tavarish discusses the importance of basic car knowledge for average individuals, suggesting that knowing how to handle simple repairs is essential.
- Manual Transmission: He advocates for everyone to learn how to drive a manual car, emphasizing it as a valuable skill.
Hypothetical Scenarios
- Tavarish's Future Plans: He shares aspirations for upcoming projects, including the completion of his P1 rebuild by 2026.
- Ideal Car Collections: The hosts discuss what an ideal car collection might look like at different budget levels.
WhistlinDiesel Arrest Discussion
- Context: The episode touches on WhistlinDiesel's recent arrest, with Tavarish speculating on the motivations behind it and its implications for the automotive community.
Key Takeaways
- Emphasis on Passion: Tavarish's approach to car rebuilding stems from a passion for the automotive world rather than purely for profit.
- Candid Conversations about Finances: The episode highlights the struggles of balancing passion projects with financial realities in the automotive industry.
- Community Engagement: The importance of connecting with the audience through engaging content and personal storytelling is a recurring theme.
Sponsors Mentioned
- Huel: High-protein meal options.
- Cozy Earth: Luxury bedding and loungewear.
- Gusto: Payroll and HR solutions.
- Shopify: E-commerce platform for starting online stores.
Episode Conclusion The episode wraps up with Tavarish reflecting on his journey and the lessons learned, inviting listeners to consider the value of experiences over material possessions, especially in the car enthusiast community.
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For more insights, follow Tavarish and the hosts on their social media platforms as they continue to share their automotive adventures!
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOTavarish's Car Journey
0:30 to 1:30
Tavarish discusses his car projects and financial challenges.
“I always look at cars for what they could be.”
Hypercar Market Insights
1:30 to 2:30
Explore the rising values and market trends of hypercars.
“You guys are you guys have been awesome.”
Porsche 918 Specifics
2:30 to 3:30
Discover the details and costs associated with the Porsche 918.
“So like, let's say retail value of everything, even with like the weird title stuff, it's, it's like around between four and$6 million.”
The Cost of Rebuilding Cars
3:30 to 4:50
Understand the financial implications of rebuilding high-end vehicles.
“But I wish I knew more about the hypercar market.”
Balancing Business and Passion
12:00 to 14:01
Tavarish explains his approach to profitability in car rebuilding.
“Well, I mean, losing a ton of money, it all depends.”
The Art of Car Storytelling
14:01 to 15:10
Learn how captivating stories enhance car content and viewer engagement.
“But for me, I always look at cars for what they could be, what the best possible storyline I could make with this car.”
Challenges in Content Creation
15:11 to 17:20
Understand the complexities of managing creative projects in YouTube.
“You'll get more subscribers, more views.”
Sentimental Value vs. Cost
17:21 to 19:25
Explore the importance of sentimental value in automotive projects.
“And it was, it was interesting because I, you know, two months into it, I'm in the shop at like three in the morning working on this Maxima that I bought for next to nothing.”
Tavarish's Car Collection
19:26 to 21:51
An overview of Tavarish's eclectic and exciting car collection.
“So we have, you know, we have all of these.”
Cost of Car Ownership
21:52 to 24:42
Learn about the financial responsibilities of owning a car collection.
“And how many of these 30 cars that you own Are you actually making content around or is it mostly just out of passion?”
Show all 40 chapters
Financing Car Builds
24:43 to 26:04
Insights into financing and managing loans for car projects.
“Like, you know, with because we're talking about like oil changes, we're talking about like whatever parts things need.”
Innovations in Car Modifications
26:05 to 28:04
Explore the exciting modifications being made to Tavarish's McLaren P1.
“So that's, that's, that's what I, that's what I do.”
Redesigning the McLaren P1
28:04 to 29:41
Learn about the extensive modifications and engineering challenges of the McLaren P1.
“Then we have like, I'm re-engineering the entire cooling system in that car.”
The Challenges of Delegation
29:41 to 33:06
Explore the difficulties of relying on others for project completion and the impact of ego in business.
“That's very surprising to me because I see the amount of views that you have.”
The Importance of Teamwork
33:49 to 36:28
Learn how having a reliable team can lead to greater success and frequency in content creation.
“send over the best possible application, the best possible resume you could come up with.”
The Cost of Creativity
36:28 to 39:07
Understand the financial and emotional costs involved in creative projects and maintaining a team.
“I mean, I still talk to everybody that I've worked with.”
The P1 Rebuild Journey
40:39 to 42:00
Dive into the complexities of rebuilding the McLaren P1 and the collaboration with designer Frank Stephenson.
“What's been the most difficult car to rebuild?”
The Challenge of Completing the P1
42:00 to 45:00
Explore the complexities and pressures of rebuilding a McLaren P1.
“I have, you know, a bunch of his cars, the 430 and 675, like I'm a big fan of his design work.”
Timeframes and Expectations for the P1
45:00 to 47:50
Discuss the expected timeline for completing the P1 and the realities of project scope.
“So you have to get there, you know, and then you're like, all right, call time is eight o 'clock and it's 11 o 'clock.”
Suppliers and Parts in Supercars
47:50 to 55:00
Learn about the sourcing of parts for high-end supercars and their surprising origins.
“The issue is because I want this car to be everything that, you know, my my my childhood brain dreamed of.”
Unfixable Cars: A Reality Check
55:00 to 56:00
Examine the scenarios in which cars become unfixable and the implications of value.
“But that's sort of the reality of owning one of these two million dollar cars.”
Understanding Expensive Car Parts
57:00 to 58:42
Explore why certain car parts are disproportionately expensive, using the 918 Spyder as an example.
“You cannot damage it enough that it would lose all value.”
The Importance of Car Insurance
58:42 to 1:01:15
Discuss the necessity of good car insurance and how it relates to owning high-value vehicles.
“Pretty, I mean, pretty important, depending on what you're talking about.”
Basic Car Maintenance Skills for Men
1:01:15 to 1:04:35
Learn about essential car maintenance skills every man should know and when to seek professional help.
“I think the ability for a person to to to work on a car only comes from them being able to say, I don't know how that works, but I'm going to figure it out.”
Current State of the Hypercar Market
1:07:21 to 1:10:00
Analyze the hypercar market dynamics and the factors driving high prices.
“What's your overall take on the hypercar market right now?”
The Emotional Value of Cars
1:10:00 to 1:11:52
Discover why cars should be viewed as emotional purchases rather than investments.
“And even if they spend two million dollars on them, they're not worth it now and they don't have any support because the company went under or whatever.”
The Philosophy of Car Ownership
1:11:52 to 1:13:48
Explore different philosophies regarding high-mileage cars and their true value.
“Well, I mean, it's the bearings and the stuff.”
The Value of Experiences vs. Resale
1:13:48 to 1:16:18
Learn the importance of enjoying cars over worrying about their depreciation.
“Like I think the only thing I can do to that car is make it worse.”
Whistlin' Diesel's Content and Arrest
1:16:18 to 1:18:31
Analyze the impact of Whistlin' Diesel's unique content and his recent arrest.
“What do you think about Whistlin' Diesel's way of driving cars?”
The Montana LLC Loophole Explained
1:18:31 to 1:21:01
Understand the Montana LLC loophole and its implications for car buyers.
“And like they walked onto this property.”
Cody's Legal Battles and Publicity
1:22:12 to 1:24:00
Explore the implications of Cody's legal issues on public perception and his brand.
“There's not a ton of people with like regular cars that are going to Montana LLCs.”
The Narrative Control in Publicity Battles
1:24:00 to 1:26:58
Explore how influencers shape narratives in legal matters and public perception.
“I mean, this this is if it's an ongoing case, this is a story that people aren't going to let go.”
Curating the Perfect Car Collection
1:26:59 to 1:29:28
Learn how to assemble a balanced car collection for different budgets.
“But speaking of all the cars that Whistle and Diesel buys, what do you think is the perfect car collection for$100 ,000 and for a million dollars?”
Debating the Merits of Car Replicas
1:29:29 to 1:34:07
Discuss the differences between original and replica cars, including value and experience.
“250 uh gt3 manual it is the best manual car i have ever driven it's not even close then i would get a mclaren um whether it's a 675 you can probably find find them for like 225 or mclaren 720.”
Navigating Salvage Car Purchases
1:34:08 to 1:36:29
Understand the risks and rewards of buying salvage cars and tips for making wise choices.
“So unless you are willing to go above your current, you know, mechanical knowledge of, you know, doing an oil change or, you know, whatever that is, like, I think you have to know what you're looking at.”
Car Brand Preferences and Engineering Insights
1:36:30 to 1:38:00
Delve into personal car brand preferences and learn about engineering solutions across manufacturers.
“sold it for five bucks, I mean, that's 500 % profit.”
The Case Against Early Bentleys
1:38:00 to 1:40:14
Exploring the challenges of owning early Bentley models due to complex repairs.
“Like you have, like it is a very cramped engine bay.”
Car Rankings: Best and Worst
1:40:14 to 1:42:35
Discussing the worst and best cars, including the infamous Yugo and the McLaren F1.
“It's this, this car made in the late eighties and early nineties from Yugoslavia.”
Which Car YouTuber Is Best with Money?
1:42:35 to 1:43:35
Debating about the financial acumen of popular car YouTubers like Tavarish and Doug DeMuro.
“If you could only own one car for the next year, what would it be?”
Dream Cars and Future Projects
1:44:05 to 1:46:08
Exploring dream cars like the LaFerrari and Enzo, and discussing future projects.
“I was about to say, you need that Holy Trinity.”
Transcript
Automatic transcript. May contain errors.0:00Score more with the college branded Venmo debit card and earn up to 5 % cash back with Venmo stash. Got paid back? With the Venmo debit card you can instantly access your balance and spend on what you want. Like game day snacks, gear, tickets and more. The more you do, the more cash back you can earn. Plus there's no monthly fee or minimum balance. Sign up now at Venmo.com slash college card. The Venmo MasterCard is issued by the Bancorp Bank N.A. Select schools available. Venmo stash terms and exclusions apply at Venmo.me slash stash terms. Max$100 cash back per month. Why don't you just finish the P1?
0:33I'm in way over my head. I always look at cars for what they could be. You ever just take your Porsche 918 for a walk? What is something that would be the most entertaining, most captivating, most engaging thing I can put out that I could be proud of? This is my 2015 Porsche 918 Spyder, but it had a really, really bad day. I don't have millions and millions of dollars. All I can do is like, what happens in my head? Can I make that into reality? Probably, maybe, who knows? And that's what I put into the cars. When did it start to go wrong? If you're a car guy coming here, working on these cars day in and day out, it's really cool in the beginning.
1:14After a while, it just becomes normal, but then it becomes a nightmare. So would you quit the channel?
1:27Freddie, thank you so much for coming on the iced coffee hour. Well, it's nice to be here again. Yeah, we're here at my shop. You guys are you guys have been awesome. You guys have been awesome throughout this whole like last time we did this. It was like a year ago. A year ago. OK, well, I mean, yeah, a lot a lot has happened in a year. But also like I I really liked the reception of the last one. Also, I don't know what you're going to ask me this time. Oh my gosh. Well, you've done quite a bit over the last year. You're the only one touching these hypercars that no one else will go near. You have the Porsche 918 that you just bought with the fire damage.
2:08This is like a two and a half million dollar car that you were able to buy for like$150 ,000. You have that. You have the McLaren P1 that you're still fixing up. You have the$500 ,000 Aventador. Yes. Yeah. In addition to that, what's the fixed up value of your garage? So I think I just put this into a spreadsheet. So like, let's say retail value of everything, even with like the weird title stuff, it's, it's like around between four and$6 million. But most of that is like the P1 and 918. The 918s, like the 918 spiders have sort of run away a little bit. They used to be between like one and a half to two million dollars.
2:53And now they're like a crappy one, not a crappy one, but like one that has some miles like a driver's car is probably two and a half. And a really good one is like three plus. So that is like now this is in a in a whole, whole new world that I am not like part of at all. So it is it is pretty crazy. The same thing with a P1. Like before you can buy P1, like some P1s were under a million dollars. And now they're like people are asking 2.3, which is nuts. So maybe it's just an inflation thing. I don't know. You guys can tell me about that. But I wish I knew more about the hypercar market. But it just seems like it's just going up and up and up.
3:36Do you have any idea why it's that specific car that's gone up so much? Because I feel like that's outpaced most other hypercars in the market. So the reason why is because, well, the P1, the 918 Spyder and the LaFerrari were the hypercar holy trinity. They were the first hybrid hypercars made around 2011 to 2013. And they were in competition with one another. And it was really significant. I think they're probably the last like truly significant supercars, at least like in my lifetime. um and i think because of that there's like a an aura around them uh now it doesn't really make sense from a like a market cap standpoint because the 918 they made 918 of those cars the p1 is the rarest with which uh with uh 375 and then la ferrari they had 500 well 499 plus one for the pope and then they they had some uh some aperitose which is the convertible one so realistically you'd think that the P1 would be, you know, the rarest and most collectible, but it's not.
4:40It's actually the cheapest. But it like all those cars are sort of sort of going up. So hopefully in five, 10 years, maybe there'll be, I don't know, four, five million dollar cars. The Ferrari, the LaFerrari is already there. It's already a five million dollar car. The Aperitos RX-7, which is more money than I think anybody should ever spend on an automobile. How much did you spend on the 918? About$145 ,000. What I thought was hilarious is that you spent$145 ,000 on that car, but then one singular part that you needed for the car, the most expensive part, how much was that? So that was, I knew the rear subframe, that's$150 ,000.
5:20So you spent more on one part for a car than you did on the entire car? Yes. I mean, the reason why is because that car is completely made of carbon fiber. It's like the frame, the monocoque chassis, the bodywork, all of that stuff is carbon fiber. and it's only for that car. So Porsche does this thing where they will use parts from other cars, like the rear wheel steering from that car is actually from a 991, like Porsche 911. There's a lot of sensors and switches and stuff like that that you can find in other Porsches. And even the key is the exact same key that you get in a Boxster. So they could save a lot of money like that, but then all the engineering, like the hybrid system and the engine and all that stuff was only specific to that car.
6:04So all that stuff, super expensive. I mean, we're talking like, if I needed to get a new engine block, it's 250 grand. You know, the transmission, which is like, it's derivative of the regular dual clutch PDK thing that goes into every other Porsche, but it's not exactly the same. So it's like another 160 grand. So if I, you know, if I needed those things, then it would be quite a like really, really expensive proposition. Take a guess. How much will you spend on this car to completion? I think so. I did a tally on one of my videos. I think it was going to be like 600 or something like to to to the end of it.
6:45But I think if I can get things like at a good deal, because what's funny is that when you make videos like this, people come out of the woodwork and they go, actually, I have this part and this part and this part. And the 918 used parts community is, there's not really one, but like if somebody is hoarding parts, they go, oh, well, I can charge whatever I want. But the problem is you're not going to sell it to anybody because the person that buys a 918 Spyder and let's say it needs some work, they're going to Porsche to get it because Porsche still has all the parts available, but they're just expensive.
7:21But if you buy a$3 million car, why wouldn't you take it to the dealer to, have all the resale value that you can get. Do they just continually make the parts as they're requested? So they are, when I go to order things from Porsche, they have like special order. So it's SO. So you put it in order and then they go, I don't know, go to Germany and wake up the guy that makes the carbon fiber and they go, you have to make one more. So maybe, you know, maybe they have a shelf full of 918 parts, I kind of doubt it. But I think a lot of these are just like made to order, but they have the tooling. And what's great about Porsche over like something like McLaren, you know, because, you know, rebuilding the P1 is different.
8:05Porsche is like, I like to say it like this. Porsche is an actual company and they have like actual stock and they make parts and they test their parts. So they don't just like make a car and then their customers are the beta testers. Porsche, you know, when they put out a car, this thing has been all over the world. It's been tested in lots of different scenarios. And every single one of these parts has probably had some hundreds of thousands of iterations on their other cars. So they go, oh no, this is like the best thing that we can do. And this is good for this many actuations or whatever.
8:41So it's and also Porsche's engineering is fantastic. So I think with the 918 rebuild, it's it's different, at least for me, because I am also not going to be doing anything crazy with it. Like with a P1, we're literally redesigning the entire car. We're making like an entire car from scratch. Engineering, aerodynamics, everything. Where the Porsche, that's going to be like an OEM rebuild. Can the average person profit from rebuilding these cars? That is a really good question because it all depends on what your attention to detail ultimately is. If you want everything to be 100 % and you want everything to be OEM and you're buying parts from the dealer, then probably not.
9:31The reason why I do this and, you know, rebuild these cars is because I enjoy the story. I enjoy adding to the car story. I like seeing that the cars are in bad shape and then this presents unique, like unique problems for me to solve. that's the only reason why I do it and also because I can put it on my YouTube channel um and that allows me to share it with other people and also make money from that if I didn't have the YouTube channel and it was just me trying to flip cars this would make no sense and that's how you get a lot of people um that are like almost like a buy here pay here uh mentality where you take these cars you might get a you know a co-part car and you go well if I put a bumper on that, then it'll hide all the frame damage behind it.
10:20And then I'll, I'll kick it off to the next guy. And then, you know, by the fourth or fifth owner, um, and that they, they take the bumper off and they go, Oh my God, like, this is, uh, this is way worse than I thought. And that was sort of the deal with my Aventador because it's been through like lots of, lots of people. And, you know, when I, when I took it apart, um, realized that, Oh, it had frame damage that that somebody had like fixed and they just, they just botched it. So I can't let things like that go. And it's to the point where you can't just fix it. You have to replace it. So, um, yeah, like most people I think would have a hard time doing rebuilds, uh, doing rebuilds and then profiting off of it.
11:00And I think a lot of, there have been a lot of videos on YouTube talking about like, Oh, here's the reality of doing one of these. And you know, like me and like Matt Armstrong or Rich Rebuilds or whoever's doing these rebuilds, they are painting like an unrealistic picture. But I think I'm doing it just because I love learning about the cars. I love learning about the platform and then solving interesting problems. How do you make sure you don't lose a ton of money on this, though? Spring starts at the Home Depot, and we are bringing the heat to your backyard this season. Fire up the flavor with our wide variety of grills for under$300, like the next grill four burner gas grill that's perfect for hosting your spring cookout.
11:42Then set the scene and turn your outdoor space into the go-to spot the patio sets for every budget. Bring it this season with grills that deliver flavor and patios that set the vibe from the Home Depot. Start your spring with low prices guaranteed at the Home Depot. Exclusion Supply, see homedepot.com slash price match for details. Oh, I always lose a ton of money. Well, I mean, losing a ton of money, it all depends. It all depends because what do you, because my idea of losing a ton of money is different from your idea of losing a ton of money. Like, what would you like? Let's let's define terms here.
12:13Because here's the thing. I mean, you could get money back on the YouTube channel and your brand. How do you make sure you don't buy a car that needs a million dollars worth of repairs and you're never going to make that from your channel on the videos? Well, the idea is so I take I take into account the growth of the channel. I take into account because like if you're if you're growing a business that comes with a cost, right? So if I buy a car and it's, it's a, it's a crazy amount of money or I take out a loan on it or something like that, that is the cost of doing business. That is the cost of growth.
12:43That is the cost of, you know, me trying to expand into other avenues or other horizons. And then, um, then that forces me to monetize in different ways. So whether it's like taking the same content and putting out different platforms, uh, or like merch or, you know, working with other people or getting different sponsors, like that forces me to do those things. And that helps the business, you know, just down the line anyway. He's a possibility based person. Exactly. Right. So we were talking to Tony Robbins and he had explained two different types of people, the necessity based. And what was it?
13:20The positive possibility, possibility based, the necessity based Graham explain. Yeah, this is new for me. So the necessity based, you do something because you have to do it. Right. The possibility base, you do it because of the possibility of what could happen. Oh, yeah. So for me, I like to do the necessity base. What needs to get done right now to get to the next step? Jack is like, what can we do right now for the possibility of something new? I think I've always been that possibility. I mean, it's, I don't think it's a dichotomy, right? There has to be a percentage of one or the other because you have to do things because you have, like, there's a certain amount of things you have to do because you just have to.
13:59You have necessities, everybody does. But for me, I always look at cars for what they could be, what the best possible storyline I could make with this car. And every time I make a video, I go, okay, what do I have in front of me? And what is something that would be the most entertaining, most captivating, most engaging thing I can put out that I could be proud of? So a lot of people also, you know, my commenters and viewers, you know, I am not the most consistent in terms of like upload and stuff like that. But I think because of that, I have to do something where if I when I do put out a video, it has to be good.
14:42It has to feel like an event. It's like, oh, this guy dropped a video. It's a two hour long video about, you know, X, Y and Z. I'm going to watch it and it's going to take you on a journey, you know, like and hopefully that's the that's that's the draw. From a business perspective, though, wouldn't it make more sense to hire one extra person, pay them$100 ,000 a year, and then their sole job is to make one extra video, let's say, every two or three months? And that'll easily pay for them. It will grow the channel. You'll get more subscribers, more views. You'll make more money. And that seems like very scalable in that regard.
15:17It does. So I've done that. And I've done that before. The issue is YouTube is a thing where it ebbs and flows. and sometimes and like when you're dealing with people i wish it could be like all right i'm giving you a task and then you have to like complete this task whether it's shooting or editing or or you know working in the shop or whatever in this field specifically you know like i have uh adhd obviously because you know you see all the all the cars that you know the kind of eclectic collection and the million unfinished projects that I have that are just all in pending states that need something.
15:57I tend to attract that sort of person. And it's very hard for me to get a person that doesn't have those qualities because otherwise they wouldn't be attracted to this kind of job. Would you rather quit YouTube forever or never own a supercar or hypercar ever again? So I would still do YouTube or I would. You would still do YouTube, but you could never own a hypercar or a supercar ever again or stop doing youtube and you could own supercars and hypercars so i i will ask a qualifier i know i know that this is like the hypothetical is you don't want to sports car yeah uh well um will people know that i did these kind of cars before if if if everyone's memory was a race and i can do a clean clean slate but i could never touch one of these cars yeah i would probably do that um because you continue doing youtube correct because I could still make stories because what I've learned is it doesn't matter what the cost of the car is.
16:50You could make a really good living. You can make a really good story out of cars or experiences or something that people can resonate with. So, you know, I did a video on a thousand dollar Nissan Maxima, which is like a spitting image of my first car. And that ended up getting 2 million views, you know, but it took me three months to do. And I tried to, you know, make the most engaging story out of it, but it didn't cost me hundreds of thousands of dollars to do. You know, it was, it was still like, I was out 3 ,500 bucks on the whole project. It was a lot of time. And it was, it was interesting because I, you know, two months into it, I'm in the shop at like three in the morning working on this Maxima that I bought for next to nothing.
17:29And I'm looking over and I see like the P1 taken apart. I see an Aventador taken apart. And I say, at the end of those projects, like I have a P1 and I have an Aventador, really cool cars. At the end of this, I have a car that's worth$2 ,500. dollars. So why am I what am I doing? But it's the sentimental value. And I think that translates just as much as these do. But you have to spend time on educating the viewer as to why it's cool. Like I might have to tell people why the 1998 Nissan Maxima was a big deal for me when I was 18. I don't have to tell people why a Ferrari or a Lamborghini is a big deal.
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19:07If you're focused on strength goals right now or just trying to stay consistent when life gets busy, this bundle really helps. For a limited time offer, get Huel's full high protein starter kit today with our exclusive offer of 20 % off with our code iced at Huel.com slash iced. New customers only. Thank you so much to Huel for sponsoring and supporting the show. What's in your current collection right now? How much time you got? So we have, you know, we have all of these. Some of these are not my cars. you know they're just here as decoration but you know we have the 675LT the Ferrari 430 Scuderia the ones that I'm working on right now I'm really excited about my 2008 Lamborghini Gallardo like I just got that off the lift and I haven't worked on that for like 4 years and that was the first car that kind of blew up my channel so I think with that I want to redo everything to like the standards of today because standards of 2017 Freddy when, you know, I was working in my two-car garage and really didn't have any sort of resources to put into any of this stuff.
20:07And I've never worked on any supercars or hypercars or exotic cars. That was, you know, that was a shoestring budget. So I think now with some more connections and some better parts, I think I can really, really make that project shine. But yeah, I have the Aston Martins, V8 Vantage, DBS. I have a GT3. I just got another Porsche. Um, I, we just got an M6. Uh, it's a, it's a convertible V10 manual. Uh, so it's a factory manual. They only made 300 something, uh, and they only made them in the States. So, uh, in Europe, they didn't have manuals. Apparently like nobody wanted manuals. Um, so it was only for, uh, like the North American market and that car is super, super cool.
20:52And we did modifications to it. And, uh, you know, some other stuff, uh, got, uh, Focus RS and then the Audi RS e-tron GT that's like a daily driver for my girlfriend. And, you know, it's been like I like to have a collection that's not necessarily eclectic, but it's just the stuff that I find interesting and the automotive experiences that I can't get anywhere else. How many cars do you have? 30. 30 flat? 30 flat. Yeah, I know this because I just did a Google Doc and I have 29 here and then one in UK, which is like a London cab. So I bought this London, you know, like those little, you know, you go to London and you have this tiny little, yeah, I think it's like a 97, probably has 10 billion miles on it.
21:38But I ended up getting it from a friend for like two grand and I've never seen it. It's just sitting in some person's storage locker or farm or something. So at some point, I'll bring it over here and then we'll just drive a London cab around Florida and see how that works. And how many of these 30 cars that you own Are you actually making content around or is it mostly just out of passion? So it's out of passion when when I buy a car, it's if it's not a car that I feel really strongly about, then I will like trade it or I like I may sell it. I don't I'm really, really bad at selling cars. I'm terrible at that.
22:15so uh when i see a car that i feel attracted to like this is an automotive experience i didn't have then it's um it's something that like i could just add to the collection i can um you know just keep forever like the p1 and 918 i'm gonna keep forever keeping it forever also adds monthly costs to your bill like i imagine you still have to like register it you still have to insure it you still have to do all of these things what's the month-to-month cost of your collection the collection itself isn't that expensive um so the insurance cost on everything i think i'm paying something like 15 16 grand a year for everything so that's just not bad at all that's not bad at all yeah yeah are you like max maxed out policy on everything oh yeah yeah yeah so i mean it's it's also all the cars are like it's not like they get driven every day right they're in a air-conditioned security, you know, like garage.
23:14And it's not really, like I have a fleet insurance policy, which is fantastic because like if I would have gone to like Geico or Allstate or something, it would have been$100 ,000, especially on some of these cars where they're like, oh, we need to get special underwriter approval or something. But the maintenance on a lot of these cars is also not terrible. Um, the thing that I'm running into most is that since the cars don't get driven a lot, uh, there's a lot of cars that like the, the tires that I, that I've, uh, put on them like years ago, the tread is fine, but they're just aging out. So I have, you know, my, my Lamborghini Gallardo brand new Michelin PS4S tires.
23:57Like there were$2 ,000 back in the day, but I put them on in 2017. So they're aged out. You don't want to, you don't want tires more than five years old, uh, because the compound, you know, changes and it gets, uh, less consistent, that sort of thing. So the car, I probably put 30 miles on the car, you know, since I, since I finished it, you know, finished it on YouTube. Now I have to change the tires, which to anybody else would have been, you know, a brand new tires. And the same thing goes for like a few other cars here. Um, so, you know, stuff like that, it does seem a little bit wasteful, but also like, I'm not going to have a car that's just sitting with, you know, whatever tires it came off the showroom floor with.
24:34And then, yeah, what would the final sum number be? I think I would spend probably like less than five grand a month on everything. Like, you know, with because we're talking about like oil changes, we're talking about like whatever parts things need. And then and then the insurance costs, it's not that it's not that bad. But this is just just on the car collection. I'm not talking about storage or like the shops or anything. Or notes either? No, no. Any loans? Oh, okay, okay. Ah, there we go. You know what? Loans do cost money at the end of the month. You forgot that very conveniently. What's the loan?
25:11I forgot the loan. I'm sorry. Is that a rounding error? It is a rounding error. Yeah, that's how much money we're making here. No, it's not. So, yeah, the loan actually if we add the loan to it, it's probably something like$22 ,000. That's not that bad. Yeah, that's not that's not that bad for 30 cars. Yeah, but I mean, realistically, the only loan I have is for the for that P1. And I'm just right now I'm just paying it off. I'm actually trying to get a loan now to finish all of the big, you know, the big car builds rather than kind of doing it piecemeal. So if I have a lump sum, I can just be like, all right, I'm ordering all these parts.
25:51I'll make all this content and then boom, boom, boom, and then just pay off the loan. So how big of a loan do you need? half a mil something like that and what's the interest rate you're getting on that uh if you were to get a loan i think it's it would be less than 10 it'd be less than 10 see graham is considering whether or not wheels are money that's literally i know i know how his brain works he's literally like okay well like i'm getting this in treasuries this is my money market fund could i get an extra two percent if i let you i mean you you could but uh listen i have it's not like i don't have things as collateral.
26:24Right. So that's, that's, that's what I, that's what I do. Um, I go, well, I have all these cars and here's the, here, here's the, uh, market value of each of these cars and they have comps and bring a trailer and, and whatever, like, this is what they're selling for in the last, you know, six months. Uh, so we take a valuation based on that and then just add those up and then what, you know, what can, what can we then loan out based on those numbers? The wheels are turning. This would make a good YouTube video too. Yeah. Well, I'm, I'm sponsoring Tavares' channel. It could be part of your diversified portfolio.
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27:00Loans. Yeah. You could give out loans. The only thing is I would be hesitant to be in debt to this guy. Yeah. You're going to be one minute late on your payment. He's going to show up at your front door and bleep that. Yeah. Just a giant sledgehammer. Yeah. I was like, well, which one left or right? I hope you enjoy having knees, Freddie. Yeah, exactly. Yeah. Do you want your pinky or your thumb? Pick a one. You're going to be working on these cars in a wheelchair. Yeah, yeah, yeah. No, but it's not only just, you know, finishing cars. It's also, you know, launching stuff like this, the merch brand that I'm going to launch.
27:35And I want to get myself out there a lot more in 2026. 2025 was, um, you know, I, I did a lot, but I think when people look at, uh, you know, the body of my work and especially on my YouTube channel, it's like, well, you haven't uploaded this, you haven't uploaded this. But like the reality is that all these things, especially the hypercar builds like, and the P1 especially is so incredibly labor and time intensive. like just to give you guys an example um the p1 we are uh redesigning everything and when i mean when i mean everything i'm like the engine we uh we rebuilt to you know twice as much power we had the turbos um like designed by the original uh manufacturers of the turbos so they they see and they uh they did like computer simulations and then they sent it to mitsubishi japan who then sent me a set of turbos, like prototype turbos for my car that make twice the power, but they look the same of, you know, like the ones on the P1 originally.
28:38Then we have like, I'm re-engineering the entire cooling system in that car. So instead of having like the radiators in the front, we're deleting all those for weight savings. And then I'm using like an air conditioning system to cool fluid. So I don't have to worry about it being hot and humid outside. Then, you know, we're deleting the hybrid system, but then we're also, you know, adding in a wiring harness that's now modular. And then we're doing like a body that has to be CFD, computational fluid dynamics, like aerodynamics tested, because I want to go 250, 60, 70 miles an hour. And no McLaren, especially no McLaren P1 has ever done that.
29:16So, and then on top of that, you have to actually make the stuff, you have to make the parts. You have to make the, uh, the carbon fiber body. And in order to do that, right, you're not just slapping it together. You're not just like putting a body kit on a civic. Like this has to be, everything has to be tested. Everything has to be OEM plus, because if you're going 250 miles an hour, that thing might, that thing might explode, you know? But I just, when, when you say you need to borrow$500 ,000, I'm going to, I'm going to be honest. That's very surprising to me because I see the amount of views that you have.
29:46I can kind of do some back of the napkin math and he should be making this amount. And he could very easily just post one extra video and it could pay, you know, a researcher's salary. And if you have a researcher, you won't need to spend those late night hours on the computer trying to find a part for a cheap price. You'd have someone else do it. You could move on to the next project. You can post more. Or just even sell off a few cars. Or sell off a few cars. What do you think about that logic or what's the... So, so yeah, so I think that that totally works. And it's, it's not like, yeah, sounds good.
30:19Doesn't work. The issue that I run into with that is that I am so far into these projects and there are things that I know that in order for, for me to bring people up to speed on them, it would take me way more time than it would be to just do it myself. And then the ROI starts not making any sense. When I have somebody do something, if I pay them to do a job, I want to be able to rely on them and then say like, hey, this is this is what I need from you. and what happens when, you know, in the event that it doesn't happen or it doesn't happen on time or some expectation isn't met, I have this weird thing where I don't want to feel like I'm not pissed off, but like I don't want to feel like...
31:13You don't want to express discontent with someone. Correct. And then like I don't want to feel like they're letting me down or something like that. And, uh, then I'm like, I'll just internalize this. And that's like, it's not a good business practice for sure. Uh, but I've had that happen where, you know, I've had people work here and, you know, they've, they've been really, really good. And then like later on, it just gets to a point where it might, they might be, you know, like might get a little slower or something like that. Um, like slower at, uh, producing their results. And I've noticed this and it does have an effect on the bottom line, but then I still have to pay them.
31:53And if I bring this up, there's like, now you have to bridge that gap of like their ego or, you know, my own ego and, uh, you know, communicating like what you think is clearly, but it's not clearly for them. So they, they start doing something and then you're like, well, I'm still not happy with this. And by the time, you know, this all like you actually get a product and you're like, I guess I'm okay with that. You could have done this yourself, you know, 10 times over. It's crunch time at work and you need to bring wings to your workday. Visit redbull.com slash getting it done and answer a couple questions about your work style to get a Spotify customized playlist tuned to your productivity.
32:33Plus, score a can of Red Bull on us while you go from to do to done. And remember, Red Bull gives you wings. Supplies are limited. Terms apply. Visit the website for more information. So that's one thing that I struggle with quite a bit because it's sort of like the micromanagement, but it's on the problem solving side of things. I wouldn't want to offload that. It's almost like, you know, the advent of AI. AI is really good when you know what the answer should be. AI is not good when it's like, all right, create something that's never been created before. When it's like, all right, solve this problem that no one else has in the world or like, like find me a part that no one else is looking for.
33:22That's going to be really hard for somebody to do. And I feel like they're still expending time and energy on this problem. I still have to pay them. And then the result is going to be realistically probably not what I want. Would you be open to looking at talent? Like if someone, okay, so do you have an email? Create an email. Yeah. So what's the name of the email going to be? Tavarish needs help. Tavarish needs help. At gmail. 12 at gmail.com. 12. Tavarish needs help. 12 at gmail.com. If you guys feel like you could be a good fit, send over the best possible application, the best possible resume you could come up with.
33:56Make it a video. Make it creative. Make it easy to digest because I'm sure he'll get plenty of these. Show him your skills in video editing. Show him your knowledge on cars. show them everything and exactly why you'd be good for the position yes i know that there there'll be plenty of people for sure hill so yeah you want to create the email maybe he creates it maybe he does it we'll put down in the description if he does but i'll create it just because just because you know he'll create the email okay yeah absolutely i i do think that just like logically speaking yes the emotions can sometimes get in the way of logic which sounds like you've had some past experience where that did happen correct but i do think it could help you a lot to have a little bit of help like a main you know person at your side for the business i know at least for graham's business.
34:35It helped a lot to finally bring someone else onto the team and then everything explodes. And I know if you increased upload frequency, you had a fail safe, someone you could count on. That would be that would these people want to see from you more. Yeah. I want to see you once a month. I didn't like that. The last video is two and a half months ago. Yeah. So my my goal, at least for 2026, is to have two videos out on the main channel and four to six on the on the second channel. So what I've learned is that, um, it's, I'm always putting more on myself than, than realistically I can handle or like anybody can handle.
35:13But I, I, I started thinking to myself, like, I start getting really optimistic, like, oh yeah, I can do this in this amount of time. I can do this in this amount of time. And it's not realistic because I could, if I didn't sleep for the next four days. And sometimes that does have to happen. It does suck when you have to, you know, perform. And then like, let's say, you know, for me, a crappy video on my main channel, like a 10 out of 10 is a million and a half views, which, you know, my floor has never been higher on the channel. So if I get a video that has 500 ,000 views, that's like, that's a really bad day.
35:55You know, that's like, maybe I should stop doing this, which is crazy because 500 ,000 views is a lot of people. It's a lot of people and it's, you still generate money and all that. So, um, I have to, I, there, there has to be a way where, you know, I'm still in the growth phase and, uh, you know, I'm still finding audience and then, you know, doing interesting things, but for sure, uh, I, I agree with you that there is a, there's a, a way for somebody else to, you know, help me out with something. And then we all grow together. The issue that I've come up against is that, you know, the people that I've used in the past, and they're still around.
36:32I mean, I still talk to everybody that I've worked with. They're really nice people and they do good work. But I think when the job starts, they see the kind of lifestyle they see that they see the cars they see like uh you know if you're a car guy coming here working on these cars and seeing all this stuff day in and day out it's really cool in the beginning after a while it just becomes normal and then after a while just like any other job people can become complacent um and even if you're paying them very very well they start to lose sight of the fact that like in this industry nobody else is doing this you know if i'm paying somebody 10 grand a month or 12 grand a month or 15 grand a month or whatever, it's really, really hard to then convince those people, you know, years down the line that like, hey, so this is like still a really good, like you haven't been in the job market.
37:25You don't know that this is like actually not. Yeah. To retain them. Yeah. That's why for us, what's always worked is incentive pay. So like, you know, the more money you can generate the business, the more money will pay you. And it's just like only ever going to pull them into needing to be a higher performer. For sure. So that's worked out really well for us, but that's also like, we're getting a little bit outside of the weeds here. No, no, no, but it's a good conversation to have, for sure, because I think right now, especially in this time of year, I'm also sitting on like three really big videos.
37:55So it's not like I've just been kicking back and it's sort of like the actor that you haven't seen act for a while. And they're like, oh, what is he doing? Like, oh, he hasn't done anything. Meanwhile, he's been working day in and day out on some project that, you know, nobody knows about. But it's, it is a good conversation to have just because the last time you were here, you know, I said it cost something like$80 ,000 or, you know, between 80 and$90 ,000 to keep this place and everything going. And that's still mostly the case. You know, I have lowered costs, you know, a bit just because of, like, so personnel and like there's stuff like, I've had projects that nobody has seen and like just today, one of my friends came in and I told him, Hey, can you sell these cars for me?
38:42Cause like I bought these projects and it's just 20 grand just sitting there. And I have so much stuff right now backed up that there's no realistic way I'm ever going to get to this. And I bought this kind of sight unseen, you know, these cars that are like, Oh yeah, I can put this together. And then when they get here, I'm like, Oh, this is like a full restoration. I don't even know if it's going to do well. And then I know I have stuff that I do know it will do well. Why don't I just focus on that, you know? I got to say, a fresh start doesn't always come from changing goals. Sometimes it starts at home.
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40:58And it wouldn't have been, I'm not going to say it wouldn't have been difficult. It would have been expensive, but it would have been, uh, you know, possible. The thing that happened to me is that I saw an opportunity and it's like that opportunity mindset, you know, like what, what could be instead of having a P one that, you know, wasn't a really bad flood. And then I rebuilt it to, to, you know, whatever standard that is like, what if I got, uh, together, you know, the best team I could, and I used every single one of my resources and every single one of my network contacts to make the most iconic, like most, the most, uh, insane car I could, because I'm never going to get this, this, uh, opportunity again.
41:38So that that's what got me into like, well, now we're going to rebuild the engine to, to weigh more power. And then that now we're going to, you know, do this and that, and then work with the original designer, uh, Frank Stephenson to, you know, design an actual car, like a new version of this car specifically for my needs, which is something I never thought I would ever do. You know, this prolific, prolific designer. I have, you know, a bunch of his cars, the 430 and 675, like I'm a big fan of his design work. And then, you know, I emailed him and he said, you know, why don't I just design you a car, which is nuts.
42:14So now, not only am I, you know, beholden to myself and my viewers, but now like this guy who is like my automotive idol is working with me and now I have to, to perform for him because I can't make him look bad. So it is a lot of pressure. And I think that is why. And it's also a lot of money and a lot of time. So I'm just going to ask you a question and I want the first gut response that you have to the question. OK, so no thinking. Why don't you just finish the P1? I haven't thought of that. I've never thought of that yet. You know, like thanks for thanks for it. What's the gut? What's the gut saying?
42:54The gut feeling is, oh, Oh, yeah. Thanks. Yeah. Thanks. So why haven't I finished the P1? Yes. Because it's hard. Because, well, the gut response is, what color is your Bugatti? Realistically, it's because, let's say, for a company like McLaren, like an actual car company that makes cars in a production line, they have to take years, years and years with hundreds of people and engineers and everything to make one of these cars to design it. I'm one guy. I'm a YouTuber. I make videos online for a living and I don't have millions and millions of dollars. All I can do is like, what happens in my head?
43:38Can I make that into reality? Probably, maybe, who knows? And that's what I put into the car. So I'm not trying to hodgepodge anything together. I'm trying to do everything, you know, correctly. And I'm also trying to fix some of the issues that the car had in the first place so that's why the p1 hasn't been like finished because getting to that point is like the the hardest thing ever like solving all those problems takes time like just to get a body on this car like to make to construct and design and test a body usually takes two to three years um like that's just on like the companies that i've talked to they say like to make a prototype body in carbon fiber the way you want it would take two to three years and a few million bucks i don't have either of those i have to make youtube videos so um when that happens then i'm like what can i do to expedite this process what can i learn can i can i learn you know how to 3d scan is there is there are there people that can expedite this process with like their own cad models and they can can they put that in and then you know how to how does uh how can I think outside the box and and and be on the cutting edge of this stuff so I can get the result I want without having to pay you know necessarily millions of dollars so are you waiting on other experts to be able to come up with CAD files come up with solutions for the car and that's why you're working on other projects at the same time as working on the P1 correct it's not like if you solely worked on the P1 you'd be able to complete it much quicker yes yes it's it's So right now it's, um, what, what I hate is it's like, if you get to a, um, like a movie set or, or some, some commercial, you know, shoot and, uh, the, the term is hurry up and wait.
45:22So you have to get there, you know, and then you're like, all right, call time is eight o 'clock and it's 11 o 'clock. And you're like, I haven't done anything. I've just sat in a chair for three hours. So it's, it's sort of like that. Um, it right now it's in limbo because, um, and I'm not, I'm absolutely not blaming anybody. This is how long the process takes. And, uh, the people that I've, that I've, uh, worked with and I'm working, am working with, they are also very quick for their industries and they know everything about what they're, what they're doing. So I have, I have the utmost respect and trust in what they're doing.
45:55So, um, but when the process goes away from what I can do, like I can't make carbon fiber panels. I can't like, you know, 3d scan and 3d print. Like I'd like to learn how to do all that, but realistically for me to get to the level that they're at, it would take me another, you know, 10, 20 years. So I think I have to defer to those experts and those people are, you know, they're testing this new body. And then like whenever we have to make changes, that has to go back to the designer. And then they have to design it in a way that still is true to their design, but also incorporates like things like, you know, you don't want the car to have lift at 250 miles an hour.
46:35You don't want to, you know. So you're basically redesigning a car. I'm redesigning every aspect of the car. So what do you think is the current timeline to finish? It is really interesting because current timeline to finish, I'd like to have the car done by SEMA of 2026, but I'm going to do it in phases. So I think, you know, finished is a very, it's hard to put a stamp on like, okay, it's done because you can always modify things. You can always push the envelope. You know, let's say, you know, I get the body and the engine and everything done. Is the car finished? Well, like, well, it hasn't done the speed run yet.
47:11So what happens then? You know, what if it doesn't what if it doesn't do it? Then I have to go kind of back to the drawing board. Do you need to do the speed run? Because I see some of these videos of cars like in Thailand or the Philippines where they just make a Bugatti and it looks 70 percent of the car. But I'm just saying that what they're able to do in the garage, what they're able to do, like, do you need to drive the car 250 miles an hour? Can you just make it look good to drive on the freeway at 100 miles an hour? I could just put body panels on this car and then just make it run with whatever drivetrain, and it'll make noise and it'll perform well.
47:48And that shouldn't that wouldn't be long at all. The issue is because I want this car to be everything that, you know, my my my childhood brain dreamed of. uh i i am holding myself to that um you know to to those uh standards and goals and i think if i like if some youtuber uh made this car like me as just some some dude um and it not only became the fastest mclaren on the planet but like it was redesigned by the original designer and then And like, you know, everybody saw from when it, you know, got to the shop with, you know, twigs in the vents and, you know, 300 pounds of sand in it to this gleaming show car that now is, you know, a world beater.
48:38I think that's like a really big lofty goal that that's like, OK, well, now now I, you know, I did that. That is my mark on car culture. And then what it's funny because I'm not going to say I'm, you know, walking in these circles or anything like that. But the fact that people like, you know, Mate Rimac, who's the CEO of Bugatti Rimac, it's not Rimac, it's Rimac. He, you know, I met up with him and he's a really cool guy. And the fact that, like, I can text him, you know, and talk to him about this stuff. And, you know, like Christian von Koenigsegg knows who I am. Like that, that, that is something that like Jay Leno, Jay Leno knows why, like that is insane to me that, that should not ever happen.
49:26Um, so I want to make sure that like those people I do right by, like, I'm not just some guy with dreams and then like, oh yeah, I put an LS with a five speed and now it's like, here, here you go. It's YouTube done. You know, I think it's long-term oriented is what you're doing. It's like, you could do the short approach, take shortcuts and pump the videos out. But then again, that wouldn't like build as much of a legacy maybe as being the guy that fully made. It's like, yeah, I think it's, it's, um, uh, yeah, not only that, but, um, the, the long-term approach is, you know, I always think of things in terms of, um, like, I think the timelines are going to be shorter than they actually are.
50:11and realistically i didn't think that i'd be on year three of this but with the scope creep and and all that stuff with uh with these projects that's sort of where where these things go i don't know what people expect from like a hypercar rebuild how long they think it should take but i know that based on what other youtubers are doing they're like oh it should have been done by now realistically that's like that so nobody's ever done this before so there's no litmus test of like how long is is too long um so i'm just going as fast as you know as fast as i can but i'm also trying to make the best decisions for this build and and the uh you know the the channel and the car yeah one of the things i'm really surprised about is when you're taking these cars apart with the 918 you said they reuse a lot of the parts yeah and even though it seems like oh oh, wow, this Porsche 918 part.
51:04It's like from a Porsche Boxster. Yeah. You could buy them on eBay. What's the cheapest part that you've seen in a car? So, I mean, a Lamborghini Murcielago has like side marker lights from like a Ford Focus. There's, you know, the Lamborghini Diablo has headlights from a 300ZX Nissan. And the way you know is on the Lamborghini, like at the top, I think I mentioned this to you, you know, before, but like there's a little carbon fiber strip that they put there specifically because it covers up the Nissan logo. Um, but stuff like, like on the nine 18, uh, you can get the window switch, uh, for 20 bucks on, on eBay.
51:45And, you know, there's, there's a company in China that just makes, you know, makes these switches. Um, so things like that, you can, you can have like lots of different, you know, switch gear or like the key fob or, you know, the rear wheel steering assembly. You can get that for a few hundred bucks on eBay. Lots of stuff that is like available and readily available everywhere. I do love that, though. How is Lamborghini allowed to take a part off of a Nissan and slap it on their car? So it is the way that they do it, as far as I know, is you just have suppliers. So you have suppliers and contracts.
52:25So let's say Lamborghini says to Nissan, hey, we'd really like to use your headlights for this. And I assume this is how it worked in the 90s. So Nissan goes, okay, well, how many units do you need? And here's, you know, we'll have a contract with you. So if somebody comes into Lamborghini and says, you know, I need a headlight for this car, you know, you guys will supply it and then we'll have a markup or, you know, blah, blah, blah. That's the way it is on like McLarens. Like what's funny is McLaren, um, up until recently, McLaren really didn't make anything like literally nothing. Uh, everything was a, you know, a parts supplier thing.
53:02So, uh, the, um, hydraulic lines and the, uh, coolant lines were made by a company called BergaFlex. The, uh, the, the P1 body is made by ProDrive. The, the transmission is Graziano and then the engine is Ricardo. Like all these companies, they're just under contract to provide parts for McLaren. and then McLaren just bringing all the parts, put it together, and then they go, ha-ha, it's a McLaren, it's totally bespoke. But other than the fact that it's not, like the body control module is a pecton control module that you would see in a Tesla. You know, stuff like that. All the computers are Bosch.
53:37So the Bosch computers that you see in Ferraris and Volkswagens and like all that. So they use, there's a lot of different suppliers that do have the, you know, hundreds of thousands of iterations of whatever this part is in other cars. So they go, actually, we, we know how this part's going to perform. What the issue would be, and one reason why there's a difference between something like, you know, McLaren or, and Porsche, between that and like a Koenigsegg, is that Koenigsegg for the most, like the vast majority of their parts, they make. They actually make in-house. and the reason why I think Koenigsegg lately has been getting some flack in social media is because they cannot possibly have the man hours to test everything, like especially test everything long term.
54:29So what they do is, as far as I've heard and have seen, is when they make a car, they do it to the best of their ability and they are really pioneering a lot of cool engineering feats. They will sell you a car. And then if the car has problems, they go, OK, well, now we know that this car has a problem. We're going to go make an update to it or we'll fix it or whatever. But then that's like a little knowledge hub for them. You're a testing dummy. Yeah. So essentially a customer is a beta tester, which for better or worse, that's like I wouldn't want that. But that's sort of the reality of owning one of these two million dollar cars.
55:07Is there any car out there or a situation where the car is just unfixable? No, depending on how expensive the car is. Now, if a McLaren F1, which is$22 million, if that got in a fire and it was literally just ash, then obviously there's no car left. You know, the car has turned into, you know, whatever chemicals that burned off. But if, you know, if a car like a McLaren F1 or let's say a Ferrari 250 GTO, it's like$50 million. If that car got into a trash compactor, and then just turned into a cube, you could still rebuild that. You know, like, because you would get a new chassis, a new, like, it becomes a ship of Theseus at that point.
55:51But it's, you know, the value becomes so high that it can't, it's essentially... We all have that dream trip we've been wishing we could go on. But too often, life, or usually price, gets in the way. That's why Priceline is here to help you turn your dream trip into reality. With up to 60 % off hotels and up to 50 % off flights, you can book everything you need for your next adventure. Don't just dream about that next trip. Book it with Priceline. Download the Priceline app or visit Priceline.com and book your next trip today. Go to your happy price. Priceline. This episode is brought to you by State Farm.
56:32Listening to this podcast, smart move. Being financially savvy, smart move. Another smart move? Having State Farm help you create a competitive price when you choose to bundle home and auto. Bundling. Just another way to save with a personal price plan. Like a good neighbor, State Farm is there. Prices are based on rating plans that vary by state. Coverage options are selected by the customer. Availability, amount of discounts and savings, and eligibility vary by state. It's unsalvageable. You cannot damage it enough that it would lose all value. So, yeah, other than like the car just not like if it exploded.
57:11What about some randomly outrageously expensive parts? What are some parts that are just randomly extremely expensive? so um i'll yeah i'll give you an example um with the 918 spider the engine is a 4.6 liter naturally aspirated it's like it's derived from one of their race cars called the called the rs spider and um it is it is basically a race engine it makes 600 horsepower revs revs to nine grand but if you take apart the internals of this they're all very very light and the piston rings Like a set of piston rings for, let's say, an eight-cylinder car would be a few hundred bucks for any regular car.
57:53So the piston rings, basically, they keep the seal on the cylinder when the piston goes up and down. On a 918 Spyder, each piston ring, of which there are two on each piston, and then there's eight of them, each one is like$300. So you're looking at several thousand dollars, and the piston itself is like two grand. Whereas, you know, you can get a good set of pistons, like a good set of pistons that is, you know, custom made for two grand. So a lot of this stuff is because they're, you know, bespoke to this car. They only made it for this engine. It's a economy of scale thing. And then they're coated with the special coating that they contracted out to this one company in Switzerland.
58:34And then that has to get, you know, sent over and assembled by one guy in Stuttgart. So it's there's a lot of that going on. How important is having good insurance? Pretty, I mean, pretty important, depending on what you're talking about. Is it, if it's like car insurance or? Yeah, good car insurance, because you're buying these cars. Well, I expect they're getting these full payouts on them. Yes, so good insurance. I mean, I don't know what the insurance situation is for the people that, you know, salvage these cars. I'm sure, I'm sure it's fine. I know the P1 owner got paid out pretty good. I think he has a, he got a Chiron later on.
59:11Uh, so I think he's fine. Uh, but for me, um, I was just talking about this with a friend the other day, other than somebody hitting me or somebody suing me for something. Like if I made a mistake, I wouldn't need insurance. If I crashed this thing into a tree, I'm fixing it here. Like I'm not, I'm never going to take this thing to it. Like if, if some, if some guy dings my car in a parking lot, I'm not going through insurance. I'm not, I'm not like, uh, it's just something I'm going to fix. I'll, I'll work out with, you know, with whatever, you know, whoever, um, uh, hit the car. And honestly, it's, it's not something that I think I would ever use, but you need, you need to have it.
59:53And I'd rather have, you know, all the limits and, and all the, you know, all these cars are fully covered. And, you know, like, I don't want to be stuck, you know, stuck holding the bag when something does happen where I'm like, oh, I shouldn't have cheaped out on that. How much should the average man be able to fix a car? Like, what should they be able to do? Like, people say, like, the spark plugs. They say tires, oil, you know. I could change a tire. And I've done the. You've done wiper fluids. I've done wiper fluids. I've added oil to the car. And I've replaced it. You've added oil. I've replaced the, what are the little fuses?
1:00:30I've done that. Welcome to the iced coffee hour red pill. This is, yeah. Yeah. How much should an average man know how to how to work on a car? I think at what line should they go to a mechanic? You know, I think they should understand their own limits. They should understand when because I I'm not one of these guys that say like, well, you got to figure it out. And, you know, you never want to ask for directions or, you know, because you're a macho man or blah, blah, blah. I think if you are confident in doing something or like if you watch a YouTube video and you are empowered by that, If you watch a Chris Fix video and you're like, hey, actually, I could change, you know, my differential oil or my clutch or something like that, then I think you should go for it.
1:01:14Because even if you don't do it, even if you don't don't finish it or whatever, you've still tried something that you like you've gotten out of your comfort zone. I think the ability for a person to to to work on a car only comes from them being able to say, I don't know how that works, but I'm going to figure it out. but what what like if we're gonna like a baseline if we're gonna get like the red pill yeah like what should man know how to do so change a tire um it's it's change a tire is 100 100 because if you don't know how to change a tire and then your wife or girlfriend or partner don't know how to change a tire if she calls you hey can you change a tire like i'm a little busy right now she's like i know you're not yeah you're like oh you know i'll send someone over she's like please come help The only saving grace is that a lot of new cars now don't have spare tires.
1:02:05So you'd have to call AAA anyway, or you'd have to like, there's, there's a lot of ways out of it. I think at the very least change a tire, make sure you have good tire pressure, things, things like that. I don't think you need to go and do spark plugs or like your own oil changes. It would be good to do that. But like things like, well, I'm going to go warm up the car and make sure the battery's not dead. You know, like how to jump a car, things like that, like jump a car from another car without, you know, destroying your electrical system, you know, red to red, black to black. Should every man know how to drive manual?
1:02:38Yes, I think so. I think it is. It's it's not that it's a manly thing to do. I just think that it is a it is a skill that is easier than you think to learn. And you never know when you'll need it. And also in today's like society, if you get to a point where let's say you go to a different country and then you have a car that you're renting and you're like, oh, I didn't know it was manual. It's no problem. Not a problem. And then you just feel like, OK, I'm glad I learned that. And this also goes for women in terms of like manual, because like turns out pressing pedals and shifting gears is not just a man thing.
1:03:18Like you can like women can also do this. so um i think driving manual is a is a really good um you know skill to have but as far as as far as a man whatever goes into the sort of ethos of like providing you know like like providing or protecting if you are if your um car is in a vulnerable spot like if your tire blows and common issues yeah you're on the side of the road let's say your uh your wife is on the side of the road. You don't want her on the side of the road. So you're going to go out and you're going to be the person that protects her from this vulnerability. You know, you'll go out and, and, uh, you know, you don't want, you also don't want to change stuff on the side of the road, but it's better you than her, you know?
1:04:01So I think, I think that's probably it. But, um, there's no like line where it's like, well, you changed fuses. Well, how about, uh, how about the fusible links? Hmm. How about that? You know, whatever you feel comfortable with. And if you feel emboldened to go more like, hey, maybe I'm going to, you know, change out a seat or like maybe change out some buttons on my on my center console or maybe I want to paint this or whatever. Go for it. I think just having that ability and want to problem solve and be out of your comfort zone. And then when you actually get it done, you're like, that felt pretty good.
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1:07:14Again, that is shopify.com slash ICH or click the link down below in the description to get started today. Enjoy. What's your overall take on the hypercar market right now? Because it seems like we got Stradman selling his Koenigsegg. We got TJR trying to sell his Koenigsegg as well. Is he trying to sell it? Yeah. He's trying to sell his Koenigsegg. Yes. Don't buy Koenigsegg. I don't know. I don't know. I have no stake in Koenigsegg at all. Realistically, the hypercar market is, it's so interesting because back in like, back 20 years ago, the only hypercar you can really get was the Bugatti Veyron.
1:07:54And that was the biggest deal in the world. It was a million dollars. like a million dollar car that is create a thousand horsepower it does 250 something miles an hour it is the craziest fastest whatever and now the new million mark is now two million every new hypercar the ferrari f80 the mclaren w1 like they're all two and a half million dollar cars there have been countless hypercar manufacturers that come out of the woodwork like i was invited to italy uh this year where a um a hypercar manufacturer brought out this new 2 000 horsepower V12, quad turbo, you know, blah, blah, blah. How much does it cost?
1:08:30Two and a half mil. Everybody is around that price point because I think there's so many people that want to be like, they know that they can sell a car like weirdly quickly because there's so many people with a ton of cash. If you go to like a Pagani or, or, uh, you know, Koenigseggs are still like two to three mil but like a begani they could charge you nine ten million dollars and uh it's it's sort of based on how much how much you make like you know how much does this car cost and they go like well i don't know what what's your bank account what do you have yeah what do you what do you got you know that's how much cost yeah turn out your pockets tell me um i think that there's there's still levels to this so like if you have a hyper car market where it's like well you have the the portion 918 and then you have the mclaren p1 those like two mil and then you have you know the Pagani is at, you know, five to seven.
1:09:22And then you have like the Gordon Murray, the new S1 LM that just, you know, one of the, it wasn't even, the car doesn't exist yet. It's just like the build slot for that went for$22 million. So like there are people that are buying and paying for this stuff, which is nuts. I think there's, after a while, you're going to see, you know, the wheat separate from the chaff. It's, you're going to see the cars that truly appreciate and people, you know, like them for what they are. And then other cars are just going to be like, well, these didn't go anywhere and these are just kind of flashing the pans.
1:10:00And even if they spend two million dollars on them, they're not worth it now and they don't have any support because the company went under or whatever. How much money should you have to comfortably buy a Lamborghini? That's a good question. What depends on the Lamborghini? Because if you have like the cheapest Lamborghini you can get right now is probably an early Gallardo. and that car in good shape is probably between 80 and 120, 80 grand and 120 grand. I think, I mean, you're the finance guy, so you can tell me what percentage of, you know, your net worth or your income you should spend on this.
1:10:35But like, you should never treat cars, especially cars like that, as investments. I think you should treat them as toys and you should understand that these are, they're emotional purchases. Whether or not you can make money on the other end, that's fine. It's possible that you can buy this low and sell high. I don't think that should be the point of it, because then that gets in the way of you actually enjoying the thing. I'm a big fan of the Jane Birkin philosophy, where you have this really high-end bag that's made really well and it's expensive, but you abuse it. Like you just use every inch of it and, you know, it'll have scratches and whatever, but it's, that's what it's there for.
1:11:19You know, if you have a car that is, you know, like these, but they have a hundred thousand miles on them and they have, you know, road rash or whatever, but like you use them and they do everything that like you're getting the enjoyment out of it every single day. I think that's like a way better proposition than you're like, well, I had it for six months and I made$5 ,000 and I drove it three times. Like, wow, cool, awesome. You know, I feel like it's you have to have like the reason why you have all this. It's because it's like a roller coaster that you own. And if you if you told somebody that you owned a roller coaster, but then at the you know, like in a year, you'd be like, oh, yeah, I've only ridden it three times.
1:11:59Like, why? Why? Oh, yeah. Well, I mean, it's the bearings and the stuff. You know, it just takes a lot of energy to run it and whatever. Like, I'll be on that every single day. Why are you doing that? How many miles have you driven your Ford GT? 300. In how many years? Five years. You should drive your car more. You should drive your car more. So, okay, now I'm going to pose a question to you. What are you worried about there? The car has become so valuable and the values are rising so quickly that I don't want to hit 10 ,000 miles on the car. And I'm at 7 ,700 and I know hitting the barriers of like eight to nine to 10.
1:12:37When you hit 10, you take about a 15 % drop in value consistently. Yeah. On a 500 ,000 car. That's a lot of money to lose just for going like from eight to 10. So I'm going to keep it probably in the eights, but I drive it just to put miles in the car to keep it going, to keep the fluids going, to keep everything in good condition, to move the tires around. I do that. I do a little loop, fill it up, drive it right back. And I'm really nervous driving the car because it's worth so much money. Okay, so I understand that. And it's not without merit. Why did you get the car in the first place? Investment.
1:13:17Okay, so if you treat it as an investment vehicle, sure, 100%. I totally get that. I guess the difference between my philosophy and yours is that like I wouldn't buy a car as an investment. I think I buy them as a story. And also because I buy these cars and like I don't care what condition they're in, like the higher the miles, the better to me because I know that I can get into this car and this experience really low. If I ever get a car that's like super, super low mileage and like, oh, this is a cherry cream puff and it's never been farted in and whatever. Like I think the only thing I can do to that car is make it worse.
1:13:56I drive that car 500 feet. It's now worse than it was. You know, it's now worth less because, you know, if you if you look at that mindset, you know, if you have less than 10 ,000 miles, 10 ,000 miles isn't a magic number. It's just like one more digit. Right. It's there's no it's an arbitrary thing. So why don't you keep it less than, you know, what is it? 7000 miles. Yeah. But that's a psychological point where a lot of buyers. Correct. See that. Yes. is like 9 ,800 seems like a lot less than 10 ,000. Correct, correct. I mean, it's the psychological point where that's why you go 999 instead of 10.
1:14:36However, I feel like if you cross that barrier to 10 ,000 and you go, you know what? I'm going to take the hit and I'm going to enjoy the hell out of this car, then the ability for you to enjoy the car increases exponentially. So you go from 10 ,000 because, you know, So realistically, a buyer isn't going to have a difference between a 10 ,000 mile car and a 25 ,000 mile car. So now you can enjoy this car for 15 ,000 more miles. It's not like you're enjoying the car for 3 ,000 more miles and then, you know, you have to take a 15 % hit. Like now you can drive the car for 20 ,000 miles. That's a lot of experiences.
1:15:12So like, is that worth it for you? or why don't you cash out of that car, like sell it? Because if you're just maintaining it, cash out of that car and then buy a car with some miles on it where you're like, you know what? This is already, you know, somebody's already - But you already have two other cars like that. Okay. That's a good story. He could buy a Ford GT with like 11 ,000 miles or 15 ,000 miles and actually just drive it. 30 ,000 miles. 30 ,000 miles and drive it around and it will probably appreciate maybe at a similar amount And you can actually have that spread and put it in the stock market.
1:15:46I already got a great car, man. It's pristine. I got it sorted. I know everything about the car. It's perfect. Well, listen, it all depends on what you want. Because again, some people buy cars as investment vehicles, and that's totally fine. Some people buy them as art. Some people just want to look at them in their garage. That's also totally fine. There's no right or wrong way to do this. But I think just for me and my, you know, sensibilities, I like to have experiences and then drive them. And it doesn't matter what like the higher miles are better. You said there's no right or wrong way.
1:16:20What do you think about Whistlin' Diesel's way of driving cars? Well, I mean, I think we touched on this in the last one as well. And, you know, since then, it's gotten, you know, it's only it's only ramped up from there. I really, you know, I have so much respect for Cody. I have so much respect for Whistle and Diesel because it is entertainment that you can't get anywhere else. It is a type of content that, you know, hits on it. It almost circumvents your reason centers in your brain where it has that ooga booga brain like, oh, this is this is expensive thing and he's destroying it. And this is just kind of like it seems like wanton destruction, but it's not.
1:17:04I know for a fact that when the cameras are off, he is like he he legitimately cares about the people in his videos. He's trying to make things like he wants to make them as safe as possible. And he he like writes out storylines and he's very particular about his editing and is very particular about like how he puts videos out and how he wants to be portrayed. So he is like a really smart guy. I know he's ruffled some feathers because of the type of content that he does. But sometimes, like, listen, if he wants to take a Ferrari F8 and, you know, do some donuts in a dry field and then it burns down because, like, whoopsie, then that's just, you know, that's part of his content.
1:17:46He makes money from it. And that's part of his, you know, repertoire now. What are your thoughts on Whistle and Diesel getting arrested? That was, um, so Whistle and Diesel getting arrested was pretty clearly, pretty clearly somebody wanted to make an example out of them. There is no reason or there's no reality in which a state, uh, government entity would not just send you a letter. Like they should send you, like if you're, especially over$30 ,000, 30 grand over one car, like it makes no sense to me why they would have like eight people come onto this property and then arrest him. And they go, what, for tax evasion?
1:18:33Eight people. Yeah. And like they walked onto this property. They didn't call him. They didn't say, hey, we want to give you the ability to turn yourself in. They wanted to make a spectacle out of this. They wanted this to be a thing. I think that he, somebody high up didn't like him. I think somebody high up got their feathers ruffled or maybe somebody was calling into the city or the state or just, you know, somebody was very, very angry. And they were like, how can we get this guy? How can we, you know, make this guy's life, you know, hell? And they didn't know what 10 million people behind one guy looks like.
1:19:10So I really think that they I think they screwed up. I think the like this could have been it's one of those things that like could have been solved in an email. You know, it's it's here's my thought, though. I actually think the opposite of it. I think they were using him as an example to close that Montana LLC loophole. I think that's the only thing they wanted. Explain the Montana LLC loophole. Montana does not have sales tax. So when you go and buy a car and let's just say California, they charge you a sales tax on the price of the vehicle. You spent one hundred thousand dollars. They charge you a 9 % sales at$9 ,000.
1:19:47So what a lot of people would do is they'll go and buy a million-dollar car. And instead of paying$100 ,000 to the state, they spend$99 on a Montana LLC. They register the car to the Montana LLC. The LLC owns the car. And you don't have to pay the sales tax on it. That's tax avoidance or tax evasion. Well, avoidance and evasion is really different. Yeah, avoidance is legal. Evasion is not. The state would argue that's tax evasion because you're driving and operating the car in the state. Correct. My understanding is that Tennessee really just wanted to see this loophole go away. And they wanted to instill fear in people that if they register their cars in Montana, they could get arrested.
1:20:32Get arrested. And I think Cody played into that perfectly because now they see his mugshot. He makes a video about it. Everyone knows about it. And if you're on the fence about like, should I start a Montana LLC? You're going to think, oh, I don't want to be like Cody. I don't want to get arrested. Right. They're cracking down on this. I don't want that to be me. Yeah. They're not going to do it. They're going to pay the extra$30 ,000. So I think if they just sent a letter, Cody would have paid it and no one would know. But this is the best marketing for them to shut down the Montana LLCs. Because even in California, I guarantee people there see Cody and they say, oh, I don't want to mess with that just in case.
1:21:08Well, so I see that side of things. However, the amount of money that they would earn from this, I don't know how many hypercar owners there are in Tennessee. I can't imagine that there are a lot. I feel like the people that have the kind of money that can have mobility and like let's say you have Paganis and Koenigseggs and they're all registered in Montana. It's not just something you made. It's the privilege that you get to work with your hands. It's building something that serves a purpose. Proof that you have the grit to keep going. At Timberland, we understand you take your craft seriously And we do too, which is why our products are built to the highest quality.
1:21:59We put in the work so you can perfect yours with purpose in every detail and crafted with intention. Timberland, built on craft. Visit Timberland.com to shop. I don't think it's going to be like that big of a game changer. There's not a ton of people with like regular cars that are going to Montana LLCs. you know this is not something that is uh scalable this is like 10 people um you know like not like relatively right sure uh this is we're talking about a small percentage of of people that they could just talk to like individually they can just say like you can obviously write a letter to these people and then just say hey you uh you know you owe this much and blah blah blah and and then that's it like i think writing a letter or or whatever instead of making this public spectacle it does them a disservice because what happens to Cody is Cody is also very resistant to this.
1:23:02So he's now instilling, you know, like if people are already on the fence, they're like, I don't know if I'm going to do this. And Cody is like, they don't have a leg to stand on. Like, I'm like, I'm the worst person to do this to because I am petty and I'm going to, you know, I'm going to fight this until I have no more money left. You know, like I'm going to fight this and and make it into this this crazy circus. And I don't think they're ready for that. I think if they just wanted money, they could have sent letters to everybody and it could have sent stern letters and been like, hey, so we know what you're doing and you could get, you know, we could arrest you.
1:23:36And then that's it. I think they're just going to offer to settle and say, hey, we're going to drop the case, pay us the 30 grand and we'll go away. That's what I think is probably going to happen. Or they're going to say, or we fight this for years. We're going to use every resource possible. And it's a 50 50 if he wants to spend potentially hundreds of thousands of dollars. He could do it because he so what YouTube allows you to do is monetize your misery. I mean, this this is if it's an ongoing case, this is a story that people aren't going to let go. He the first video that he made on this is just him sitting at a desk and it got, you know, like five million views.
1:24:12So this is something that is clearly profitable for him. He didn't have to, you know, the state wants that, too. They want more publicity of look how difficult we're making his life. Don't do this. And I think the more publicity he feeds it, the more it feeds into what they want, which is just more publicity around not using a Montana LLC. The issue is that they don't control the narrative he does. So he can say whatever he wants. And the reason why he has 10 million subscribers, 10 million followers is because he's really good at influencing opinion, whether whether it's, you know, negative. or positive.
1:24:47Um, and there's so many comments on his video saying, oh, this is the state of Tennessee, um, uh, durability test, you know, like, oh, we're gonna, we're gonna see where this goes. You know, I think people are ready for that. And I think people want to see that. I don't think this is a, like for most people, for those 10 million subscribers, most of those people aren't owning Ferraris. And then they're, they're using some tax loophole to, you know, go to Montana. There are also other loopholes that you can use that isn't Montana that are like less well-known. But realistically, I don't see that this is like a gigantic issue and especially not one that the state is willing to expend millions and millions of dollars because they would be into that millions and millions of dollars.
1:25:34So now, like, if they want to make an example out of them, like now it's going to cost them. Now it's going to cost them time and money because that costs them money. They have a budget. They don't have unlimited money to do this, but Cody has the ability to essentially make unlimited content from this. You know, he made that tax evasion T-shirt. He made a carbon fiber cowboy hat that one of my friends made. And, you know, those were going for$2 ,500,$2 ,600, you know, and those sold out. Like it is it is crazy that, you know, you're trying to not necessarily extort, but you're trying to get money out of this guy who otherwise would have just paid the money.
1:26:16Like he I guarantee you if they went to Cody and said, hey, this is a this is an issue or whatever. But again, I don't think that's their goal. I don't think their goal is money. I think it's to make an example. Either way, it may have been a misstep because he's just going to fight it. He'll have unlimited money and he'll be able to set the narrative. I think they were hoping he would make content. I think it's just to dissuade people. But I think he will be able to set the narrative. That's the only thing. He's got a 10 million. The narrative, I think, is already set. Even if he wins, people just think, I don't want to go up against that.
1:26:42I don't want to do the same thing. I think the ROI doesn't make any sense for the state. The ROI, it does not make any sense for the state. And I think they miscalculated. Maybe they're working. They have no idea how to. Maybe they're working with other states, though. Yeah, but anyways, that's just what I think. But speaking of all the cars that Whistle and Diesel buys, what do you think is the perfect car collection for$100 ,000 and for a million dollars? It all depends on what you want. But let's see. For$100 ,000, you could. I think the answer is always going to be some sort of Porsche. So if you got like a Porsche Boxster S for like, but used for, or like a Cayman, a Cayman S, you could do that for 30 grand, 30, 40 grand.
1:27:32and then you can get something that's uh you know pretty practical so you can probably get like a like a tesla you know model s that uh is otherwise boring but also you know kind of fast and and does everything you need to do and then like you can buy one of those for 25 so then you'd have some money left over for something uh kind of off the wall so uh maybe like a like a true toy toy um And I don't know, like it's really hard because$100 ,000 is not what it once was. You know, now you can spend that on like three quarters of a truck. So 100 grand, it would all have to be in the used car market.
1:28:18I would buy a Japanese 90s like icon, something like, you know, Integra Type R or something like that, where it is an experience you can no longer get. and you can get those for like 20 grand. So it would be something a little bit older, not just older in terms of like my own nostalgia because 90s is, you know, holds a special value to me. And then you'd have a sports car, maybe a Porsche, you know, Boxster. If you can get into a 911, like an older 911, that would be great. That's something that's still practical, but has some sporty feel. And then you have like a family grocery getter, like a Tesla, or if you want to do a gas-powered something, then, I don't know, maybe a charger.
1:29:05Not a charger, because you wouldn't be going to, you know, donut competitions. I think maybe, yeah, I think an EV would be great. So that's$100 ,000. What about for a million dollars? For a million dollars, that becomes more interesting, but also a little bit harder, because you can't get, like, the hyper car stuff unless you get, like, a really ratty one. but if you want the best uh the best of um all worlds 9 11 gt3 uh i would get one of those for 250 uh gt3 manual it is the best manual car i have ever driven it's not even close then i would get a mclaren um whether it's a 675 you can probably find find them for like 225 or mclaren 720.
1:29:53A McLaren 720, you can get it for about$225 to$230. So let's say you're half a mil into it and you still have$500 ,000 left over. Then I would have something four-door. So let's say like a Mercedes S-Class or like an Audi RS6 or something like that. That's another$150. So you have like$350 left over. And then if I were you, then I'd be like, well, I'd put that into into some real estate and then just wait for my money to to double in seven years. But I think if you had another 350, then it's whatever, you know, whatever you want from for me, I would probably do like a Nissan R34 GTR, you know, Skyline.
1:30:33So that's another like a good one is 150 grand. And then like a Toyota Supra. And, you know, something that hits on those like childhood dreams in your head. And I think that would be a pretty good garage for a million dollars. You'd have a little bit of money left over, but figure like tires and parts. Yeah. What I really wanted is the 300 SL replicas. Have you seen some of these? They look so unbelievably good, but they're selling now for like$300 ,000 for like a one-to-one replica. So one of my friends was selling them. What was selling them? sold one on Bring a Trailer. Yeah. And, yeah, it was like 300 grand.
1:31:16It's crazy. So it's on like a newer chassis, but they are very close. There are some telltale signs of like, well, they don't have this hole in the bottom of the bumper because that's where you put the jack handle and blah, blah, blah. But a real SL, I mean, Tyler Hoover just bought an SL Gullwing, and those are$2 million, you know? So for you to get a car that is 15 % of the price, that's not a bad deal. However, you're still buying like an SLK 230 that's$5 ,500 all day long with a body kit. So you have to contend with that. It is well done. And like, I don't know, maybe this is a difference between me and you because like it's in a philosophy sense.
1:32:07because I don't like the fake cars. Like, because it screams to me, like, this is, I'm trying to fool somebody else into thinking, like, it's a fake handbag or whatever. Even if it looks really, really convincing, it's fine. But, like, I'm still trying to put out into the world that I have this possession that is not legitimate. Now, if you're looking for the actual experience of an SL, you're not going to get it in that replica because it's a modern car. It's a modern car and it's not like a tube chassis with a inline six and you know, blah, blah, blah, blah. What I would do, there are companies that make like accurate replicas.
1:32:51There's a Bugatti type 57 or something like that, like this pre-war Bugatti. And it is like 98 % accurate. So like this company makes every single part. They do it exactly the way that they would have done it back in the day. The car needs to start the way that, you know, it has a little handle in the front. But it's new. It's like all the parts are new. But it looks like a Bugatti made 100 years ago. And it still is a replica, but it's been ordained by Bugatti. Yeah, it's a continuation. Yeah. But those are 200 grand. But the real ones are millions of dollars. So I feel like you can get the, you know, not only is this like more or less like an actual Bugatti for 200 grand, but you're getting the exact experience that that guy in the million, you know, two, three million dollar car would get with his car.
1:33:42And that's that's the only contention. Like if you're getting the exact same experience for 10 percent, go for it. If you're not and it's just like, well, it's a thin veneer of like kind of looks like an SL or kind of looks like a Diablo, but it's actually a Fiero with 130 horsepower. Like these two things are not the same. What about salvage cars? I look Facebook all the time and I see these great deals and I click on it as a salvage. So unless you are willing to go above your current, you know, mechanical knowledge of, you know, doing an oil change or, you know, whatever that is, like, I think you have to know what you're looking at.
1:34:25But there's a lot of people that think that you can get a deal on something because, oh, expensive thing, cheap now. And I want to like I'm going to get one over on the man by buying this. Meanwhile, in order to actually do things properly and fix this properly, it's going to cost you way more than it would have to actually just buy a used one. So I would be like buyer beware on salvage cars unless you know a lot of things about that particular model. So there are cars that are like good deals. Like, let's say if you have like an older Porsche and it has maybe some body damage, but you know that those cars are like steel cars and steel can be, you know, brought back or you can buy these panels like relatively cheaply.
1:35:08That's different from like, say, a newer Porsche where everything's aluminum and you can't pull it like you can with an older one. You have to put it on a frame machine and then basically cut out everything, replace the aluminum because it just won't conform the way steel would. What about mileage? I know this is a very context dependent decision, but generally speaking, what mileage should you look under? I don't care about mileage. It's like it's so this is the car version of does body count matter? Like it is it is really like, well, how many owners does it have? I don't care. Like, I think you can have a car that has a million miles on it, but it's still in good running condition.
1:35:47You can have a car that has 300 miles that is barely running. What's the highest mileage car you've ever seen? Well, I mean, I have Matt Farah's million-mile Lexus. We have a Lexus LS400 with a million miles on it. How's it running? Great. It runs great. I mean, it leaks a little bit, but other than that, it's a Lexus, so it literally will run forever. It's a V8 automatic. I mean, it's not a spring chicken, but it does have everything on the interior works. all the, you know, the radio, the air conditioning, all that's fine. Uh, you know, you can, it's fairly comfortable. It's a, it's a supple ride.
1:36:24The leather's good. All that. How much could you sell it for? I bought it for a dollar. So I mean, like ROI is really good. You know, like even if I sold it for five bucks, I mean, that's 500 % profit. It's better than any investment you've made. Yeah. Yeah. By a dollar car. If I, if I sold it for a thousand dollars, it'd be a thousand percent. Oh no, I'd be a thousand times. A thousand X. Yeah. And if you just did that over and over and over again. Oh, my God. I'd be I'd be I'd be loaded. What car brand would you refuse to buy? Koenigsegg. No, I don't think I'd refuse to buy anything. I want to learn more about every car brand I can because I want to see the engineering solutions.
1:36:59I want to see how these companies solve problems. And it's really interesting seeing how different countries and different companies solve problems like the British solve solve them in a very specific way and the Germans solve them in a very specific way and the Japanese, all the, like, so it's, everything just adds to like my knowledge, um, and understanding of, of how, uh, how engineering works and how different people's brains work. But there's no car that I would be like, oh, I'm never buying a car from that manufacturer because if, if there's a manufacturer that makes really, really bad cars, then that's just an opportunity to like make them better.
1:37:36If you care about that platform, like, let's say if I, you know, McLarens. Like if, if McLaren, um, like McLaren has some reliability issues and, uh, but I really like driving them. So I wouldn't say I wouldn't buy a, buy a McLaren because they're unreliable. I would just buy one and then find out how it works and fix what doesn't work. You know, I'm always so tempted on Facebook. I saw one, it was a 2006 Bentley flying spur and it had like 70 ,000 miles,$18 ,000. I am in my statement. I would not buy a Bentley. why is that so that so a bentley flying spur or a bentley continental gt i did have an 06 and it was the most hateful wrenching experience i've ever had in order to um fix one of those cars it had a very specific issue that the early ones flying spurs i believe had this as well the early ones so uh it is a giant w12 with twin turbos there's no room in that engine bay for anything.
1:38:33Like you have, like it is a very cramped engine bay. So there are these vacuum lines, these little 35 cent vacuum hoses that go on the back of the engine, like along the transmission, and they are inaccessible and they will crack because it's a really hot engine bay. There's a lot of heat cycles over time. Those vacuum hoses crack, give you a check engine light, car's not going to run right. It's like an emissions thing. And in order to get to those lines, the engine has to come out. A 35 cent hose. You can, on any other car, you can put that hose anywhere and then just, oh, this hose cracked, boom.
1:39:07You know, it's five minute, five minute deal. This is a 30 plus hour ordeal. And while you're at, while you're there, why not change things like the starter because those, those go and it's really inaccessible. There's like, there's a bunch of stuff that, that you have to do while the engine's out. And then while you're pulling it out, all the fittings and hoses, they're all brittle, so they break. So you got to replace those. And the same thing for the cooling system. And it's just, it's just a nightmare. So I would not recommend that car, even though I do like Bentleys, like the later ones, the V8s and like, they're super, super cool.
1:39:44But like the early W12 Bentleys, unless you like really hate yourself, like really hate yourself and want to get dirty and have a car that isn't really that fun to drive and it feels really heavy, then, you know, I would just stay away from that car. All right. What's your first gut response to these next couple of questions? Okay. What's the worst car of all time? What's the image that comes to mind? I want to say you go GV, but that's not true. But yeah, you go GV. It's this, this car made in the late eighties and early nineties from Yugoslavia. Country doesn't exist anymore. And it was sold here.
1:40:23Actually, it was brought to the States by a guy that brought Subaru to the States as well. And his name is Malcolm Bricklin. And yeah, it was just sold for like$39.95. And it was just hateful and just didn't drive well. And yeah, they were pretty crappy. The best car of all time. McLaren F1. And it's not even, that was, see, that was a true gut response right there. Which car YouTuber is the worst with money? Tavarish. Without a doubt. When Doug DeMuro said, I'm worried about Freddie. Yeah. I'm like, I was, what's crazy? What's really crazy is when you're, you know, watching podcasts and then Doug DeMuro says like, hey, I'm worried about you.
1:41:09And I'm like, oh God. Oh my God. Yeah. The worst with money. I don't know what anybody else's financials are, but I have to assume it's me. Who's the best with money? Graham. No, a car YouTuber. Oh, you're not a car YouTuber? No. You don't consider yourself a car YouTuber? No. You have cool cars. Okay. Stradman. The best with money? Yeah. More than Doug DeMuro? Doug DeMuro. Doug DeMuro. Yes. No, no, no, no. Doug's very specific with money, but he can be pretty frivolous. He'll buy some car that he considers cool. And then that's like, I think, I don't think Doug DeMuro, I'm glad. I think he's totally fine with money.
1:41:53I think he's great. I think Stradman has monetized himself in such a way that he can afford hypercars and an incredible house and an incredible lifestyle. And he's opening up pizza places. And there's like upward mobility there. Doug, I think, put all his eggs in one basket, and it did pan out for him very, very well. But he said it himself. He's like, well, I don't know if I can do this again. I'm sure he can. I have a lot of faith in Doug, and I know he's very calculated with his decisions, but I feel like Stradman's probably, like, in terms of growth and ROI, I think he's probably better. If you could only own one car for the rest of your life, what would it be?
1:42:33GT3. If you could only own one car for the next year, what would it be? And then after that, I just don't own cars anymore? No, you can do whatever you want. Oh, okay. Aston Martin DBS. Why? It's the last V12 big body Aston Martin with a manual. I love it. It sounds like an old F1 car. It's fantastic to drive. It's a great date night car. It's practical. And I think it's the best looking Aston Martin made in the last 25 years. If you were to take a guess on your next massive rebuild, what would it be? This episode is brought to you by Indeed. Stop waiting around for the perfect candidate. Instead, use Indeed Sponsored Jobs to find the right people with the right skills fast.
1:43:16It's a simple way to make sure your listing is the first candidate C. According to Indeed data, Sponsored Jobs have four times more applicants than non-sponsored jobs. So go build your dream team today with Indeed. Get a$75 Sponsored Job Credit at Indeed.com slash podcast. Terms and conditions apply. Zootopia 2 has come home to Disney+. Let's go! Get ready for a new case. We're the greatest partners of all time! New friends. Gary the Snake. And your last name? The Snake. Dream Team. The new habitats. Zootopia has a secret reptile population. You can watch the record-breaking phenomenon at home.
1:43:51Zootopia 2, now available on Disney Plus Rated PG. And right now you can get Disney Plus and Hulu for just$4.99 a month for three months with a special limited time offer ends March 24th. After three months, plan auto-renews and$12.99 a month terms apply. First gut response. LaFerrari. I was about to say, you need that Holy Trinity. I do. That's the one car that's missing. I need a LaFerrari. So I have the P1 that has been flood damaged. So you have a water type and then you have the fire type 918. So I need a ground type. So I need the - Is that grass type? Well, yeah. Yeah, grass type, not ground type.
1:44:28Ground type would be what? Like Diglett or whatever. So no, I need a Bulbasaur, right? So I need - I need a LaFerrari out in the field or in a forest or something. Yeah. Do you know of any that exist? I mean, not ones that need, like, an insane amount of work. The problem is they're$5 million. Like, a good one is$5 mil. $5 million. I don't know if I could ever, ever do something like that. Because, like, even if it crashed and, like, it broke in half, they're still going to ask, like, a million or two for it. So, like, I don't know what that looks like. But then again, I said this, you know, back in the day and now, you know, somebody said, hey, do you want a Porsche 918?
1:45:08And, you know, I said, how much, how much do you want for it? Initially, they wanted something like 400 grand. And then we got them down to 145. So I'm sure that there is some LaFerrari, you know, that's been in a wreck that's just sitting in a garage somewhere. And then, you know, if I have two nickels to rub together, I can go over there and be like, I can rebuild this. Or the Ferrari Enzo. That would be another one. Enzo would be - Eddie Griffin one or the one on PCH that's split in half. Like one of those. The Eddie Griffin one would be cool. But yeah, the Enzo is an interesting one. But what I would do with an Enzo is I would manual convert it.
1:45:45Like I think an Enzo with a manual would be amazing. And I think that would 100 % get me a letter from Ferrari. Like Ferrari would be like - It would just get sued. Yeah, yeah. You can't do this. But that's what I would do with an Enzo. Speaking of water type, I just got a text to my phone saying they have noticed continuous water at my property. So I have to go make a phone call real quick. Oh, no. Best of luck to you guys. We've already had two leaks in the new Ice Coffee Hour warehouse. Hopefully it's not three. Yeah. But that's it. Anyways, we're going to be wrapping up the podcast soon anyways.
1:46:16I do want to say thank you so much for the hospitality. Well, hopefully you don't have a - You take your call. I'll put the answer. I'll finish this off. You do the call. I'll finish it off. Thank you so much. You guys, by the way, are the best hosts. No, no problem. Seriously, it's incredible. You had this whole like guest unit, but everything is in there. You open the fridge. There's water in there. There's drinks, snacks everywhere, coffee. The bathroom, I was blown away. You're inspiration for Macy and I because you go in the bathroom. There's like toothpaste. There is flossers, everything you need, like aspirin.
1:46:49Like, so, yeah, I mean, I can't I don't take any like that's not me. That's that's my my better half. So, yeah, she does. She's really, really good at making people feel at home because she's like, I don't know what people need and whatever. So here's here's everything. And if you have any requests, if you have if you want something for breakfast or you want, you know, like a grocery run, she'll go and get it. It's incredible. So thank you so much for that. Anytime. Thank you for watching. We'll link to all your info down below in the description. And the email, the new email. Oh, yes. And the new email, you never know.
1:47:22Yeah. I think this might be a good idea. Maybe. So reach out. Thank you again for watching. And until next time.
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Timestamps:
00:00:00 - Intro
00:01:26 - Hypercar collection and value
00:08:39 - Can regular people profit from rebuilds?
00:12:47 - Content strategy
00:15:08 - Quit YouTube or give up supercars?
00:17:08 - Sponsor - Huel
00:18:25 - Current car collection
00:20:52 - Cars used for content
00:21:41 - Monthly costs
00:26:28 - Channel finances and future plans
00:32:07 - Expanding the team
00:33:16 - 2026 content goals
00:36:18 - Why he hasn’t been posting
00:37:39 - Sponsor - Cozy Earth
00:39:10 - Hardest car to rebuild
00:41:08 - Why he hasn’t finished the P1
00:48:12 - Long-term mindset
00:49:24 - Finding hypercar parts
00:53:38 - Can a car be unfixable?
00:54:42 - Most expensive parts
00:56:13 - Why good insurance matters
00:57:39 - How much car knowledge you need
01:00:07 - Should everyone drive manual?
01:02:08 - Sponsor - Gusto
01:03:32 - Sponsor - Shopify
01:04:51 - Hypercar market today
01:07:37 - How much money you need for a supercar
01:09:37 - Graham’s Ford GT
01:13:47 - How WhistlinDiesel drives his cars
01:15:21 - WhistlinDiesel arrest
01:24:01 - Ideal car collections by budget
01:27:54 - Replica cars
01:30:59 - Salvage car deals
01:32:23 - Best mileage when buying used
01:33:43 - Car brands he’d never buy
01:36:58 - Worst car of all time
01:37:41 - Best car of all time
01:39:28 - One car for life
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