THIS CAR POD! with Doug DeMuro & Friends! - Will Donald Trump Change the American Automotive Industry?

Episode Date: November 8, 2024

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Transcript
Discussion (0)
Starting point is 00:00:04 And welcome to this car pod. I'm Kenan. I'm Filippo. And there's a lot to discuss today, starting with we have new merch. Go to merch. org.com. There's new t-shirts. There's a keychain that says this on it.
Starting point is 00:00:18 There's other key-shed. I'm wearing a shirt with my face on it, folks. That's as good as it gets. Here, look at my face shirt. Yeah. Yeah. Anyway, we got merch. Okay.
Starting point is 00:00:30 Go to the merch store, buy things. There's even a license plate frame. It says quirks and features. Some of the merch is. great. Some of the work is not so good. I'm just going to say it. But some of it I legitimately really like. There's the best merch we have ever had. There's even a hat that says this. Look at this hat. I would be willing to put money on the fact that the ones that you like are the ones that sell the worst because nobody else does.
Starting point is 00:00:51 You have such a keen fashion sense. I do have a keen fashion sense. After this podcast, you will make me a list of the three you like most. And I'll bet you $20 that they sell worse. Okay. Wow. We've all bared witness to that. Okay. Time for the news. Time for the news.
Starting point is 00:01:07 And we start with the news. Donald Trump was elected president. Now, I don't want to get political here. I don't want Felipe to cry. I don't want Kenan to tell us that Emily's dad was there on January 6th. I don't need to hear it anymore. I want to talk about what this means for the automobile industry. Felipe?
Starting point is 00:01:28 It's really interesting. Because there's not a clear-cut answer. There's a lot of things that are happening. So when we're kind of prepping, set of topics, I started thinking through what I think the main effects are. And it gets really complicated because there are been a lot, there's been a lot of talk on tariffed about from the Trump campaign about tariffs, including on Mexico. A lot of cars that are sold in the U.S. are built in Mexico.
Starting point is 00:01:49 The implication would be that will raise the cost of cars sold in the U.S. But a fair amount. Honda, for example, builds hundreds of thousands of cars in Mexico. Ford does as well. A lot. A lot of automakers. That would change dynamics a lot. Yeah.
Starting point is 00:02:02 But will that actually happen? to what extent? The Trump campaign, in general, their expectations that auto manufacturers will benefit from a Trump presidency, but like in what way? Right. There's a lot of question marks here. It's an interesting situation. I think that the primary thing that I, tariffs is an interesting conversation in itself. You know, NAFTA has allowed broad ability for the automakers to produce in Mexico and Canada without any sort of. I have a suspicion that's, despite blustery language from Trump, I have a suspicion there's not to be tariffs. skin belt stocks. There's simply too many of them. It would also be a violation of NAFTA. But that could be changed and repeal. Other trade agreements have. I do suspect that Chinese tariffs will continue and or increase. And any automakers who thought that building electric cars in China was a good idea up until now, which already is not many because...
Starting point is 00:02:52 Whole Star Exclusives. You know, I was in Canada last week, and I saw Model 3 with a VIN that started with L, and I was thinking myself, that's a China car. They don't sell those things in the United States. They won't Canada starting very soon because there's 200% of the US. Is that right? Canada is doing a tariff also. So anyway, I do have a suspicion that EV more important than the tariffs, the electric vehicle, incentives will change. I agree.
Starting point is 00:03:15 Especially with the Republicans in control of the Senate and tight in the House. I mean, you have to assume that all of those EV, I wouldn't call them mandates, but certainly incentives to get people to buy them. And the automakers are then heavily incentivized to make them because they have giant financial incentives. those might change. The big question work then, though, becomes most manufacturers have gone very far in, especially from an R&D perspective, on electric vehicles.
Starting point is 00:03:40 And they built, because a lot of these tax incentives are required the car is built in the U.S., they've gone all in and also building factories for their EVs. So you can have manufacturers that decide, okay, well, we're going to ease off of our EV plans, but they also probably haven't developed a new gas engine.
Starting point is 00:03:56 Or, like, new chassis for... I think about this a lot. And I've actually, I haven't been... It's... I haven't been entirely thrilled with the way that the Biden administration or previous and current Trump administrates have sort of piecemeal these. It's difficult if you're an automaker to apply with this stuff because every year it seems that these things change. And now they're so complicated at the point that it's difficult to even consumers to even understand. There's a means test essentially, a price test.
Starting point is 00:04:23 There's an income test, right? There's some of them. For some of the cars that have to be built in the United States or some large portion of the need to be built. Canada doesn't care about this. This is interesting. Interesting. This is real. This will define the car that you buy 20 years from now. Regardless, I'm not sure what's going to happen, but I do have a suspicion that the story will be tariffs and the definite story will be EVs. And whether I also think, like, everybody's talking about, oh, people voted for Trump for this reason, that reason. You know, the electric cars and the change that the Democrats were pushing in that way, I have a suspicion in some cases did contribute. People make fun of, conservatives make fun of electric cars, et cetera.
Starting point is 00:05:04 They're not ready. We think we're not ready. The power grid's not ready. We always hear those talking points. And this was a little bit of rebuke of that. Elon Musk was a huge surrogate for Trump. That's weird. It's a odd thing.
Starting point is 00:05:12 It doesn't make any sense to me personally. Right. And then like you worry a little bit about tariffs on the especially components that are necessary for battery development. But the industry group that lobbies for that is a combination of Tesla, Rivian, and a couple of other manufacturers. Well, Elon Musk is presumably will be in. favor under the Trump administration. Right. How does that, what does that actually look like?
Starting point is 00:05:34 And that's one of the reasons why Trump talks a big game in a lot of ways, but he's got a fairly broad coalition and can't go too far in anyone to race. As worried as people get, I think that this is a good example of an area where he can't go too crazy because he upsets not only his largest supporter, but a guy who honestly probably helped deliver him. Right. And some portion of his substantial. It's also such a different landscape than 20, 30 years ago.
Starting point is 00:05:57 I think 20, 30 years ago you talked a lot about the big three American manufacturers. and those being the people that are building the U.S. and those unions being the ones that might have a lot of democratic backing or Republican backing. Well, the unions were very split in what Canada they supported. It's not just the big three that are building cars in the U.S. Hyundai, Kia, Nissan, Toyota, Honda to some extent, they all have huge plans.
Starting point is 00:06:21 It's like, what is the story now? Right. It's no longer as clear cut as American manufacturers. Yeah, yeah, yeah. It's definitely an interesting thing. From a automotive perspective, it will be interesting to see what happens, and I do have a sense that EVs may not be as heavily incentivized going.
Starting point is 00:06:36 You got to assume. J.D. Vance, at some point, apparently, Trump's vice president, elect, came out with an idea that they would start incentivizing simply American built cars, gas or electric, which is an interesting thought that could also have some benefits if that ever went anywhere. I mean, it's anybody's gas. And I have to say, I think the automakers are not entirely thrilled with that, that they've, they've gone in one direction for the last few years, now they've got to go back, and they we're back in the first place.
Starting point is 00:07:01 It's a tough, it really is a tough game to play if you're trying to, because manufacturing is set up years in advance. Right. There's also a lot of, there was a lot of lobbying
Starting point is 00:07:08 around the EV tax credit. I think the end solution was one that generally manufacturers were okay with, OREMs were okay with. Cafe standards though, and emission standards, there was a lot more debate around,
Starting point is 00:07:20 and it's, we, I think the prevailing theories of those will be pulled back a little bit. Right. What does that mean? Right. Maybe not all that much.
Starting point is 00:07:27 I mean, like, who's selling cards that are that dirty at this point, that matters that much, I don't know. I will say consumer demand does seem to line up more with the Trump administration sentiment than the Biden administration sentiment in terms of people kind of walking back from EVs,
Starting point is 00:07:40 and we see that with the automakers that are every week now, one more seems to be walking back its electric vehicle goal. But at the same time, we're in a global economy. Making cars adjust for the U.S. That's true. That's true. And China's crazy EV.
Starting point is 00:07:53 China's crazy EV. So in other words, we have no insights here, just a lot of questions. I remember I used to think that I would love to run a car company and I'm so glad that I'm not now. Life is very different than 20 years ago when I was sitting at Porsche. Like, I could do this.
Starting point is 00:08:06 You've got to think China now. It used to be North America was everything. You've got to think EVs. There's a ton of politics involved now. It's a bizarre situation. And, you know, Porsche comes out with a McCann EV and it's like this was a miss. Well, it seemed like a huge hit when they were developing it.
Starting point is 00:08:19 Yep. But to be honest with it has also always been that way. I mean, in the 70s, when the emissions started stuff became much more strict. I mean, manufacturers had a lot of difficulty meetings. That's true. none of that has changed. Portia's a great example when they had to develop that Andreas Ferringer talks about that like turns certainly they had to spend hundreds of thousands of developed specifically because of the US DOT standards like there have always been like for
Starting point is 00:08:40 California taillights. They've always been like great examples. That's true. I get the sense that there's probably more now and more uncertain with the automakers now but that you're right there's there's always this has always been part of it's a hard business. There are massive compliance departments in these companies. Massive complicated business. My big concern is for components as someone who owns an older car, an older foreign car that have to bring in a lot of components that are produced in other companies. Terriff will impact that. Yeah, and so I know
Starting point is 00:09:02 I'm worried about that and Ryan's worried about that for his customers too. Well, certainly, as if the Ether9 M5 wasn't expensive enough to keep on. I'm glad that that is top in line for you, Kenan. Of all the news in the week, I appreciate that E339 parts availability is like the takeover.
Starting point is 00:09:17 It's something I thought about. It's the takeaway. There was a lot I thought about, but that was one of the things. E3 or not, I'm hopeful that the tariffs are not implemented at the level that we're being discussed. We'll see anything. Next news story. Ah, yes, Sima is here.
Starting point is 00:09:32 Seema! Seema! Seema is the specialty equipment manufacturers association. Thank you very much. I know everything. You look it up? No, no, I just knew that because I love Seema. I legitimately love Seema.
Starting point is 00:09:43 It goes on in Vegas every year. There's crazy stuff. The automakers got into it 10, 20 years ago, started making their own crazy stuff. Toyota has built this, which is a two-door convertible forerunner, looking like the old-school 80s ones, with a roll bar and a surfboard and it's cool. Wow.
Starting point is 00:10:01 You don't think it's cool? No. What, really? I mean, that Tacoma exists. Yeah, but this is, it's got seats back there, dude. I'm going to tell you this. Whoever's at Toyota who helped do this, I want to buy this car at the end of SEMA. I want to buy this car at the end of Sema.
Starting point is 00:10:15 Do you think, you wouldn't? No. Why not? It's cool. You're not buying this anyway. No, but I would, I love old Sema cars. Like, love to a way that I can't even explain. For sure.
Starting point is 00:10:26 And there are some that I absolutely would buy. I've always wanted an old, like an old concept car. Uh-huh. If I could buy a Cadillac, the Cadillac CN, I would do it today. Oh, of course. But that's different. That's, that is very different. It is different than a four-runner.
Starting point is 00:10:38 Seema, it's different than a four-runner. It's, you know, back-cutter. It's more than that. It doesn't even have back doors. This is a, this is a serious build. Serious effort went into this. I just. The odd to make a single one that's going to be static.
Starting point is 00:10:49 Yeah, but it's cool. You guys don't understand cool. You never have. I don't like Sema at all. cars that I think Kenan will most appreciate that is at SEMA in theory. I saw an article about this. I know nothing else. Yeah. Not a villain else. There is apparently
Starting point is 00:11:03 a company that is making E46 based V8 powered station wagons. Oh. Strict-Lead wagon R is what's called. Kedon hates all modern cars. Leave it alone. That's like every Kennon dream rolled into one. I don't want it.
Starting point is 00:11:19 It's like it's at SEMA. No thanks. There's literally no information about it whatsoever. That looks, that little that little blurry image looks cool. Pull this up, Kenneth. Go to models. Okay, go to... No, throw up, models. I don't know how many models they have.
Starting point is 00:11:34 Look at this. That looks cool. Go back up. There's no picture. This is as good as it gets. But look at that. That looks like an M-Coop, but not... No, go back up. I want to see it. I want to look at it. You can see the idea of it. It doesn't even look like an E-40s-6 wagon.
Starting point is 00:11:51 It will. Apparently, it will have a six-speed man. an LSV8, 500 Hordeflower, and it's based on 846. That's awesome. So I put an LS and an E-46, whoop de fricking do. Who cares? Anybody can do it. I want E-46. We could knock that out in a long weekend with a couple of cold ones.
Starting point is 00:12:07 Absolutely. Veterans Day is coming up. Maybe we should get a ratty E-46 on Craigslist from a veteran. Go to Oceanside. That'll be like our veterans play. And then we throw an L.S. in it over the weekend. Yeah. Exactly.
Starting point is 00:12:20 That's why it's not something if he and I can do. I would respect. somebody who put an S-54 and made the 46-7-3 touring, but like... Agreed. But, and left wheel silver. I thought you would be into this. I know. Why would I care? It's an L-S and an E-46. That's not something. No, no, no, no. It's a fully different design. It's a fully separate design. Also, their tagline is analog is better. We're not Luddites, but... You know what was great? The original car. The E46M-3 was fine. All right. I think we got...
Starting point is 00:12:49 There was a lot. There was a lot. This blurry shot looks cool. I'm just saying. It It looks like it has flared wide fenders. It looks cool. I'm just putting it out. I will be intrigued to see whether they actually show one. There are all these companies out there trying to be like Singer. And this is like that. But for BMW wagons, that's what I want.
Starting point is 00:13:06 I hate a lot of the singer fakers. I even don't really like Singer. But I'm ready for some of them to come along and make cool cars. I just don't care. Nothing at Seema is real. It's all modded crap that I don't care about. I just, I can't imagine a place I'd like to be less than Seema. What about all the cool stuff there?
Starting point is 00:13:23 What about this? Nothing cool. Show us the coolest car at Sima. All right. This is a Kia EV-9 adventure. No. But I want you to tell me how adventure is built. I will not call it the EV-9 adventure.
Starting point is 00:13:34 I will only call it the EV-9 ADV-N-TR. Correct. Adventur. Adventur. This is the EV-9 Adventur. It's the Advent. It's an advent. So tell us what's adventuring about it.
Starting point is 00:13:46 It's got some tires, looks like. That is what is adventure about it. Wow. And like the little different light bar treatment. They took it to, to some sort of Jurassic rock like air. Some slightly elevated pieces. You have access to this sort of forest.
Starting point is 00:14:00 Aren't it in Southern California? No, seriously, where is this? This isn't in Vegas. This isn't in Southern California. Where do they take this picture? This is right behind like some huge distribution. Oh, you know, this is a little thing. It is.
Starting point is 00:14:11 It's like, oh, there are a couple trees there. You know what they did? Wherever the EV 9 is built, they just took one out back. Let's throw some tires on it. The other side of this, there's a hospital and some bunch of big box stores. Yep. And they were just hoping.
Starting point is 00:14:23 to God, nobody came over the fence or whatever, left the park giant, empty parking lot to come down here and see this thing. Fun fact, parts of it are built in West Point, Georgia. Okay, that's probably where they took this picture. There's another steam of concept card, but Kia would, I think, build this? No. Would there be the man, do you think, for an off-road, minivan-esque SUV that's electric? Let me think about it.
Starting point is 00:14:49 Yeah. No. a mini van offro? No. Literally no one would buy this. Are you saying that all the people that bought it for efficiency and practicality and didn't buy an R1S or another off-rody card but wanted to look like that but are willing to trade 100 miles of range for the time?
Starting point is 00:15:03 Yeah, I mean it would be who there would be a massive range tradeoff. It's not just tires. But it looks kind of good. It's probably heavy. There's probably a steel bumper. You'd buy it. You buy a Sequoia Tierty Pro. It doesn't look that good.
Starting point is 00:15:14 I think the EV9's drawback is it's the way it's style. Yeah. I think its benefit is everything else. Yep. But this maybe. helps? The light treatment helps. The light treatment helps. Yeah. This is the car that everybody's most excited about from Seymour. I'm most excited about the foreman. This show is sponsored by BetterHelp. November is here, the month of gratitude. I'm especially grateful for my friends, like Kenan
Starting point is 00:15:36 and Felipe. It's great to have connections with people we love. But in addition to gratitude for others, there's another person we don't get to thank enough, ourselves. Here's a reminder to send some thanks to the people in your life, including yourself. Mental health, and therapy are tremendously important to me. I have family members in the mental health space, and I truly believe in therapy and its ability to create successful outcomes and improve lives. I truly do, and better help is a great way to start the journey. If you've been considering starting therapy, give better help a try. It's entirely online, and it's designed to be convenient, flexible, and suited to your schedule. Just fill out a brief questionnaire to get
Starting point is 00:16:15 matched with a licensed therapist and switch therapists at any time for no additional charge. And show yourself some gratitude with BetterHelp. To get started, visit BetterHelp.com slash this car today to get 10% off your first month. That's BetterHelp, H-E-L-P.com slash this car to get started. Give us our next news story, Kenan. All right, Aston Martin. Now, Aston Martin traditionally is a brand that makes cool cars and struggles financially. That's kind of what they do.
Starting point is 00:16:47 Well, to be clear, making and selling. Too very different. Yes, that is also true. So they recently reported that they're having some financial problems. No, not them? I know. They're reporting $1.8 million on losses per day, which, you know, but for some of us, that seems like a lot. Hasn't lost a million eight in a day.
Starting point is 00:17:04 Right. They also are down 17% in sales. The DBX itself is down 52%. Really? Yes. And they're also taking on more debt to invest more than the company. They just took on $1.57 billion more in debt. So they're in a hole and they're just.
Starting point is 00:17:19 just going to keep on digging. Can I ask you a question? I understand the DBX. I understand the race car. Are they involved in the manufacturing of heavy equipment? I can't remember what the Lawrence roll. Why didn't they just take the tractors out of the back for the photo? You think Lawrence Stroll was like, no, let's just do it.
Starting point is 00:17:37 Let's get it done. It's the only way to get the Formula One car in the shot, though. They took it and cramed it in and then just gently set it down. That's very deep grass. This looks very thick. But it's not a surprise. Astin Martin is a brand that is desirable, conceptually to a lot of people.
Starting point is 00:17:50 But when it comes to actually selling cars, the market is disagrees. And they've sold many, many times. Ford had them for a while. The good old days. I think Todd has owned them for a little bit too. I can't remember. Lawrence Stroll owns them now,
Starting point is 00:18:03 but that's only so his son can drive a Formula One car. And so, like, it just ends up, Asmorton just gets passed around and passed around and passed around. The famous line that regular car reviews guy said about Maserati, that Maserati is what rich people think that, is what poor people think that rich people drive. That's kind of true of Aston. Like, almost all of the people who love Aston Martin
Starting point is 00:18:24 are like people who drive Toyotas and people who are actually in the sphere of owning high-end cars. They don't really want on Aston Martin. No. They're big luxury cars. They're not that sporty. They don't really have much of a reputation for, like, very special high-co-
Starting point is 00:18:39 No. No, it's someone who wants to be largely esoteric because you're comparing it against other cars that are very good. You're like, or it could have an Aston. And it's like, that's as far as the thought goes, though, honestly. They're very available. It's never hit me, and I owned an Aston.
Starting point is 00:18:52 It's never hit me, like, buying these cars. I could also think about. Right. Now, there are some where it's like, you know, I mean, the original, like, the D.B5 is like, unbelievable cool car. Yeah, but they have a money for them. Right.
Starting point is 00:19:02 Exactly. Except for one day, make some for track use only as a new car. Here are the good Aston's. I'll tell you right now. Okay, please. Okay. The DB5 and DB4 and DB6. That whole era.
Starting point is 00:19:13 See, any of the, any car that is in the car that is a VB5 or a car that Felipe would not be able to tell apart from a DB5 is a great Aston Martin. I'm good DB7 and up. Yeah. I'll bet they're off before that. Enzo era Aston Martin. Pretty good, okay.
Starting point is 00:19:29 The original Leganda. Yeah. God to your car. Well, the series two. You're talking about the anteater. I'll take a series one, two, or three. Well, there's the series two, three, and four that are the anteaters and the one looks very different.
Starting point is 00:19:40 But we'll move on. Oh, you're right. The original original Leganda looks as a totally every car. And then that's kind of, yeah. about the current legandaharae the 177 which has a square steering wheel and they made some cars for the sultan that were heinous but i want them all sure so that's kind of it the bulldog is another is one i the bulldog's okay i haven't liked a car that aston made therefore since what does that put me at well yeah well the 177 You're right. 177's but that's 2010.
Starting point is 00:20:11 It's not that's rough that's part of that too. Yeah. It's been 15 years. It's been a while. I thought everybody agreed that the DBX
Starting point is 00:20:18 was like, fine. The Valcary is cool. The Valky is cool. The Valkyry is cool. The DBX is fine. And then you would be 12 is good? All the cars are good. They're all legitimately
Starting point is 00:20:29 all of them are good. The DBX is great. It's a great car. It's too expensive and the brand name is just not there. And you know that when you were buying Aston Martin, you are buying
Starting point is 00:20:37 massive. depreciation. You know it. You're going to be the third owner at least. Really? To just avoid the depreciation. And that simply isn't true. Like you could go get an urras, which looks worse, is not as nice inside, is basically a cayenne, but you ain't going to lose $200,000 in the first long weekend that you
Starting point is 00:20:57 want to car. Right. That's, yeah. That's not true. And that's what all factors into them losing so much money. Who wants to buy a car that you're going to lose tons of tons of money. money on. And so I don't know. They have to subsidize the cars like crazy.
Starting point is 00:21:12 They're incredibly available. Every Ashton dealer you go by has stacks of what should be very special, rare cars sitting out front. And so one wonders, you know, if they sell again, you know, I don't know exactly what Lauren Stroll's plan is with them, but we'll certainly see as other ones. How do you fix
Starting point is 00:21:28 Ashton Martin? Oh, good question. That's a really great question. You know what I think you do? You abandon the whole brand principle and go mid-engine manual transmission sports car. Wow. Make something that Ferrari and Lambo won't make.
Starting point is 00:21:42 I don't disagree. Abandon the brand principle. Walk away from the long GT cars. Just straight walk away. Be like we're doing this to save the brand, like the cayenne. And they built that thing and brought a slava. Yep.
Starting point is 00:21:53 I mean, the hope, the DBX was kind of their Hail Mary to like to save the brand to make an SUV. But it didn't work. So you got a point. It's like go back,
Starting point is 00:22:04 just make some crazy stuff. If they made a beautiful, like Astero, Martin level beautiful. I agree with that. Mid-engine exotic car that was good with a V8. And then have James Bond drive it in the next James Bond movie.
Starting point is 00:22:16 Well, perhaps. You got a Ferrari F8 competitor, whatever the new Ferrari is called out, and no one pays attention anymore. With a manual transmission, a beautiful car, beautiful brand name. That's what people want. Look at what people are,
Starting point is 00:22:27 I don't agree with that. Look at what people are paying $300,000 for on the used market. You think you wouldn't go and buy one of these things? Gordon Murray Academy, T-50, he sold five billion of those at seven billion dollars a car. I don't know the exact numbers, but that's a slight close estimate.
Starting point is 00:22:44 It's a close estimate. It can't be worse than what it to do now. I'll give you that. It can't be worse than how it is now. Yeah. Also, I consider the sale of Asa Martin as a brand McLaren to just be like financial moving around money. Totally.
Starting point is 00:22:56 That doesn't impact anything. I completely agree. People are like, oh, it's bankrupt again. Well, that just means someone buys all the name and starts doing basically the same stuff again with similar assets. And it never really does anything. Correct. In our lifetime, we're going to look back
Starting point is 00:23:10 on Ashton's best period is that 05.06 era. They had V-advantage in DB9. They had some good stuff. They had good momentum. Vanquish us, one of my old-time favorite cars. They came out of that DB7 era and they had like good cars, good timing,
Starting point is 00:23:21 and didn't really capitalize on them. And then they built three cars. They were technically different, but looked they down. Them and Infinity were killing it in 05. Okay, next news story. Yes. Lamborghini.
Starting point is 00:23:33 So, Lamborghini. on the other side of the exotic industry, Lamborghini has announced they're doing great. So the Rus is sold out for 20206. That's how you say it. That's how you're supposed to say it. The Vorvalto has a two-year waiting list,
Starting point is 00:23:49 and they announced that they have made, they have $2.6 billion in revenue so far this year, and they've delivered 8,411 cars in 2024. How many cars did Lamborghini sell? I have no concept. Apparently, in 23, they sold just over 10,000 cars the first time they ever broke the 10,000, mark, and that was an increase of 10% from 22, and now they're killing it again.
Starting point is 00:24:08 Yeah, and we haven't wrapped up the year yet. I mean, it is, it really speaks to something bigger, I think. I think Lamborghini is kind of in their, what I was like, crowned there, Luca de Montezemolo era. There was a period where Ferrari was kind of an obscure manufacturer that made cars that were cool, but they weren't selling a tunnel, but then all of a sudden, like really the late 90s or 2000. When did Ferrari?
Starting point is 00:24:28 Lucas showed up in 19, he took over in 1989, I believe, when Enza Ferrari died in 1988 and immediately started making it more commercially successful. And obviously the Formula One team then started to do really well and those sorts of things. It really came together. I think Lamborghini is on the precipice of being that. Their sales numbers are incredible. The cars are really cool. There's an increasing interest in their older cars, as you well know. And so I think that the brand has, you know, you always used to be the, you know, the rich, you know, kind of drug dealers drove Lamborghinis. Well, those people drive McLaren's now. And you know, one great example. I totally agree. with everything you've said. I think it's, it's completely clearly true. Lamborghini is totally
Starting point is 00:25:07 and by the way, Ferrari hasn't, it's not a zero-sum game. Ferrari continues to excel. But Lamborghini is excelling in a way they never have before. And I think a great example of the proof of that is the Revuelto compared to the SF-90. The SF-90 is a walking automotive disaster. They are losing enormous amounts of money in the secondary market, like a laughable depreciation situation that Ferrari has not seen in since Enzo's lifetime. I mean, it's crazy what's going on in the SF90 world. Meanwhile, Ravito's on a two-year wait list. You and I could get an SF90 tomorrow if we walked into a dealership.
Starting point is 00:25:40 And by the way, we'd get money off. We'd better. There might be some money on the hood. There's got to be. But it is, yeah, it is interesting. I'm very curious to see how it continues to develop for Lamborghini. Because to be honest with you, as a diehard lifelong Ferrari fan, I never took Lamborghini seriously for the longest time.
Starting point is 00:25:57 Because for exact reasons I outlined. Yep. But now they make cars that I have to admit, Uru's is not my thing, but they do make cars that are inherently more desirable. But Uruz sells. A lot. It's like Kyan, honestly.
Starting point is 00:26:12 Like they've bankrolled a lot of this company's success on the back of this SUV, and it's kind of allowed them to push the envelope even more with Rovolto. I got to be honest, I drove Rolto. I thought it was the coolest thing in the world. I drove amazingly. I do wish the styling were a little bit more extreme. I agree with that.
Starting point is 00:26:26 And, but I will say, like, Revuelto was actually another example of Lamborghini has been eating Ferrari's lunch in the mid-engine V-12 world since the Mura, right? Mura comes out. It's a huge success. Daytona Ferraris is like, oh, God, we got to go Mennon Engine. So they go men-injured the boxer and the Testerosa, trying to beat out the Kuntash. They fail and eventually retreat to the 550 Mar-Barr-I-O. I don't know exactly what you mean by fail. They sold commercially.
Starting point is 00:26:49 They were way more successful. And yet everyone prefers the Lambos, very much including the car market today, where Kuntash is a million bucks in a, and a, Testarosa, you can still find one for like 87.5. Well, again, the differential explode, which most of them have. Right. Well, let's not get into reliability. You have to pull by an entire engine and transmission. I was one unit with a crane just to service the car regularly.
Starting point is 00:27:08 It is pulled out by George Evans with a tow truck. Okay. A guy in Ohio with a couple of cold ones. Do you know what they're towed with? But I don't know, but I will say I have pictures of when they did the major service of my car in 05. And guess what they're using to pull out the engine? a tow truck presumably the same one. But to your point, one wonders if that's also not supply and demand.
Starting point is 00:27:32 If there are a lot of testosterone is around, therefore the price stays low. Regardless, it is clear that Lamborghini is on an amazing path. And to be honest, as a Lamborghini owner, which I barely think of myself as, but I guess I am. It's hard to imagine. It's a Lamborghini owner. I do wish they would go into motorsport. I think that the one thing they're missing from especially the old cars becoming like, like really beloved is the motorsport success that Ferrari has,
Starting point is 00:27:59 which I think will always elevate Ferrari to a higher level. But the difference, they do have some cars that compete in most. The difference is Ferrari has done that since day one. They have always been a race team. They have. But I really think that if you just show up late and you're really successful, you can still have that history like appear in your brain. But Formula One, one of the largest spectator sports in the world is Ferrari and Ferrari is Formula One. That level, I don't think you'd have to, you'd probably have.
Starting point is 00:28:25 have to do something else. You absolutely do. And also Ferrari now is doing very well in Lamont. So like, you have to do Lamar. It would be, that would be something. Watch that. That would be cool as hell. A purpose-built LMP cars going up next to each other, went on Sunday, sell on Monday. Or win overnight on a Friday through Sunday, escapade at LaMaw in the rain and then sell on Monday. Although, Lamborghini already has the YouTuber presence. Every single YouTuber has a Lamborghini, and that's got to be worth something. Okay. On the subject of Lamborghini, I have some Lamborghini, I have some Lamborghini talking to do in our talk car segment. But first, an important announcement.
Starting point is 00:28:59 Cars and Bids will be at Radwood. Radwood, SoCal, which is going to be in Long Beach, cars and Bids will be there. I will not be. I really wish I was. I love Radwood dearly. Deerly. I went to one a couple years ago. My Lamborghini won Radwood 19 in Sonoma. Thank you so much. Thank you. I'd like to thank my friends.
Starting point is 00:29:14 Such provenance. The Academy, of course. But I'm not going to be there, but cars and bids will. Yep. So go find our tent. Go check out some of the cars that we'll have on display there, including a car that will be live on cars of bids very soon. Yeah, and go meet our team. I won't be there either, to be clear.
Starting point is 00:29:28 Yeah, sadly. Our producer, Sean, will be there, and he is way cooler than all of us, and he has a tipped frog. This episode is brought to you by Manscaped, the global leader in men's lifestyle and grooming. Every man knows the unbeatable finish of a fresh barbershop shave.
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Starting point is 00:31:12 Move on to the talk cars segment. I want to talk about Lamborghini. We were just talking about Lamborghini. There's a lot of Lamborghini this show. Lamborghini, I have a theory that Lamborghini supercars are the next Ferrari supercars. Like, Lamborghini supercar meaning
Starting point is 00:31:27 Ferrari, the 288 GTO, the F40, the F50, the Enzo, the La Ferrari, and whatever this new one is called. I can't remember.
Starting point is 00:31:35 F80. The BMW F80. Okay. That's like the thing that rich guys have, right? Sure. And the SB3.
Starting point is 00:31:42 Lamborghini, Mura, Kuntash, Diablo, Mercy. I think that one day having those big four will also be something.
Starting point is 00:31:51 Okay. Right now you can buy all four of those for $3.8 million. If you go to Ferrari, I calculated this last night, you've got to spend $20 million to get the big, the big, whatever.
Starting point is 00:32:01 I don't even know. And the F80, who knows what it's going to cost. 3.5 million, I think, so it's going to start. If you get one. But if you get one and you won't. So $25 million to get the Ferrari supercars. Right now the Lambos are four.
Starting point is 00:32:13 Well, I understand conceptually what you're saying. I think it gets confusing because, like, sure, you could get a Kuntosh. Which one of the 11 variants? Do you have to get the ultimate of each one? I don't know. Maybe. And then which one's the ultimate.
Starting point is 00:32:23 ultimate of each one. And so, like, that becomes an argument. So I think it's a little bit cloudier than what you're saying exactly, but I agree that having... It's never going to be quite like Ferrari, but, like, even Ferrari isn't like Ferrari anymore, because, like, which La Ferrari you get the Apparita or not? Do you count the Daytona? SP3?
Starting point is 00:32:37 Do you count the Daytona SB3? Do you... It's now starting to get a little cloudy in the Ferrari world. It's starting to fracture. Right. And so that will be true. But the Lambo, the Lambo supercars mark my words will be like the Ferrari supercarus. Well, I mean, the market agrees with you in that there has been a dramatic...
Starting point is 00:32:53 automatic appreciation of all the cars. They're going up, and there was a time when the Ferrari supercars were just not a lot valuable. I mean, 288 GTO's when I was like in college were like $250,000. Yeah, F40s were $350. I reviewed an F40 one time, and I said it cost, in the title, I wrote it costs a million to try to get some sweet, sweet clicks. And I got hate mail about how I was lying about how much it cost.
Starting point is 00:33:14 If I could buy that car for a million dollars, now I'd eat Filippo. If someone came in and said, I'll give you a F40 for a million, I'd get to eat Philippa, that's all right? You'd say, do you have another one? I'll take two. I'll take two. I'll eat Canon. The Lamborghini supercar, you should think about this as your next investment vehicle.
Starting point is 00:33:27 I will do zero thinking about this with her. Okay. Philippo is being cagey because he wants to, we had an incident the last time he was on this podcast, remember? And now he has to explain. Yes. I was gone last week because I was on the East Coast. And while I was there, I test drove a 997.2 base cabriolet. And you said, I told you I'm not going to talk about you buying a car again unless you buy that car.
Starting point is 00:33:49 Right. Well, I don't. It's not here now. Nor is it in my legal possession. Did you steal it? No. It was fine. I liked it.
Starting point is 00:34:00 I would buy one. The guy just wants five grand more than I think it's worth. Okay, that's fine. He did go down a grand on price. No additional interest in. He and I text sometimes. I told him to keep texting me at the lower the price. And then eventually we'll get to an agreement.
Starting point is 00:34:17 It's like having Nick here. It was fine, though. I didn't love it. What do you mean you didn't love it? like that. It wasn't a 345 horsepower or whatever it has? Can I make a suggestion? 345. Can I make a suggestion? Is that what it has? Can I make a suggestion? My suggestion is you will not love anything. You're not the type of person who love machines. I know. Should I just give up? He loves, I think you should. I have thought about this a lot. You've had all the special cars. Miata. You had a Miata. You had a Miata. You had the 500 A Barth. You had a manual X-5, which is a very well-known enthusiast automobile. It's 40. Indeed. High performance. You had that Corvette, but you're not pursuing one. Like, I think maybe it's just time you say you're never going to find the car.
Starting point is 00:34:56 And you should just get some sort of Acura. Well, I really have my two cars. They're fine. How about an Acura? Which a cura? You really, like a boring one, like a non-term, ordi-act. For a while, you were pushing an NSX. No, I don't think you'd fall in love with that either.
Starting point is 00:35:12 I wouldn't. You know what you should get, you should get, you should get the 2.2 CL that came out in 97 with a line down the middle of it, with an automatic. And just be like, that's fine. The automatic will stop working tomorrow. No, no, that was a later problem again. You seem to conceptually have owned these cars in your mind already and like are done. And that may be enough for you.
Starting point is 00:35:34 That's so true. That's so true. He gets in his head about a car and thinks about him. He not only thinks about buying them, but then thinks about not having them. He has the entire ownership journey in his mind. And then he moves off. Yeah. Well, I am keeping my eyes very much out for other things that seem interesting.
Starting point is 00:35:54 You're not going to find anything. I hate to break it to you. Yeah. I think at some point I will make an impulse purchase, but it'll be like a 9-87 boxer. I'll bet you you don't. I'd put money on this. I've bought other cars, kind of on impulse. Yeah, you've been on a lot.
Starting point is 00:36:09 Well, he does impulse buy cars. Most of my bidding is. The problem is that what Felipe buys on impulse and what he actually wants are very different. He buys impulse stuff because it's convenient to him. cheap. And he actually wants stuff that would take some effort to find. Like a 997.2 cab, an S, because apparently you want more power.
Starting point is 00:36:25 To find a good one, I don't know why. Like, you need to set search alerts. You need to bid on stuff on our site and the others. You need to like go after stuff on Renlist or in like the Porsche Club magazine. That's how you'd have to do it. And you're never going to put in that level of effort. No, but I do check Facebook marketplace a lot. That's because you're looking for local stuff that's cheap. Yeah, but the end of his street. But if you want to find, if you want to really find like a great example of good, you have to be like focused and you'll never be.
Starting point is 00:36:48 I think this comes in ebbs and flows, comes in waves for me. I was scared. I was looking at the other things. I had reached out to other cars. Okay, the rule is made on the pot. I'm not talking about it. I agree. Cars with Filippo anymore unless he is, like, got the cash in his pocket.
Starting point is 00:37:03 He's got the cash. No, in his pocket. It's the title. I want him to hold the title in his hands. I'm not going to buy a $40,000 car with cash. That seems insane. Okay. Kenan, we move on.
Starting point is 00:37:14 What do you got for us? Well, I discovered something interesting. recently. It actually came up in an Instagram post, but you know the Ferrarianza. You're familiar with the Enzo Ferrari. The Enzo Ferrari. I'm going to type in Ferrarianza because otherwise the guy comes up.
Starting point is 00:37:30 That is. The unfortunate part of it is. Now, you are aware, of course, that it has two mirrors like most cars. However, they're different sizes. If you look closely, the one on the driver side is longer than the one on the passenger
Starting point is 00:37:46 side. Now, I suppose this is because it needed to clear, like, the visibility needed to cap. But I had never noticed this until somebody pointed out. Don't you agree it looks the same? Yeah, I'm so going to see this. They are actually different. I think the drive covered it. But there are different sizes, which I can't.
Starting point is 00:38:05 Wait, go back. Go down. Go down. There's the Instagram post. Go down. Oh, that's good. We don't have it. What?
Starting point is 00:38:13 Oh, it's a video. It's a video. But I never, like, I have. had never noticed that the mirror. So this is the Eurostairs did a video. Look, they're completely
Starting point is 00:38:24 different sizes. No way. It's not even close. It's not even close. The mirrors are totally different. Remember when the W-24E class did this? I do actually. But look at that.
Starting point is 00:38:36 That's very different. I agree with you. Wow. Who knew? But I never once noticed it looking at the car. And I have stared at Enzo's for a while. Look.
Starting point is 00:38:44 The main thing we notice is that it looks like a grasshopper and that the front over is as long as a softball field. Look, that one looks good with no front overhang. That's how it should have looked. O-E. That looks like half an ante.
Starting point is 00:38:58 Yeah, I think the Enzo's aged actually remarkably well, personally. Oh, wow, that mirror looks huge. Can I ask a question? You've driven a Mazurite, MC12. Yeah. True there, too, or no? Oh, that's something that we'll have to find out. But before we do, I have one more talk car segment that it's finally time for me to get off
Starting point is 00:39:16 my chest in public. Uh-oh. As we've talked about in private many times. What is this? The Ford Crown Victoria. Yeah. The Crown Vic, as they say, a hero to the blue-collar car community. The Grand Marquis.
Starting point is 00:39:28 You go to any small town or Indiana, and there's some kid who's like us who just wants to screw around with cars, and he's driving a Crown Vic, right? Like, that's the thing about that car. They were cheap. They were cheap to own. People drift them. People crash them into stuff. People mod them for destruction derbies and off-roading. It's like the blue-collar dream car.
Starting point is 00:39:47 Do people still do that or that end in 2012? It's still going on. And you know what the weird thing about that is? The name, it's called the Crown Victoria. It's named for like, it's got like the most British name, like the most like British like royalty name in history. Like this car is, there's not a Crown Victoria in the country that isn't driving around with like crushed energy drink cans in the back wheel,
Starting point is 00:40:13 in the back passenger footwell. And it's the Crown Victoria. How come this has never discussed? It's such a good point. Great question. Sometimes you have these ideas, and I have a list of my phone where I write them down. I brought this one up to him recently, and that's why he's mentioning it out. The Crown Victoria.
Starting point is 00:40:29 It is insane. It is insane that the blue-collar hero car has the most proper stately British name. If Jaguar came out with a flagship luxury sedan and called it the Crown Victoria, that would make sense. It would cost $200,000. It's unfortunately they're taking a year off from the automotive industry. Right, to do ski instruction in Aspen. Right. But instead, Ford did it on their, like, taxi that kids buy and mod cheaply.
Starting point is 00:40:55 Great point. And spray paint the body because you can do that. There must be a story behind why they chose that name. Well, it's a historic name. I mean, there was a time when the Crown Victoria was, like, the top trim of their LTD, and it was supposed to be the luxury one, but it degraded. And now, and now it's like literally the hero of Red State America, the Crown Victoria. and it's the Crown Victoria.
Starting point is 00:41:20 So stupid. It is a good point. How did this happen? How do we allow ourselves to be invaded by the British, even though we beat them the first time? Maybe they finally got the last laugh. They got the last laugh. It took a couple hundred years, but they got the last laugh.
Starting point is 00:41:36 Okay, we need to move on to our market report, which is not brought to you by Cars and Bids. It's brought to you by very distinct, very different. The Cars and Bids app. Yep. You can download it on the app. Apple App Store right now. Go to Carsandbids.com slash app.
Starting point is 00:41:52 No, don't. Fine, go to the App Store, download the Cars and Bids app. Sean's Matt. App. It's Cars and Bids being in this form. In the description, you'll find a link. And also you can go to the iOS. It is my personal favorite way to consume cars and bids on the app.
Starting point is 00:42:13 Yep. Because I can bid. You can get push notifications. You can get alerted when a car you like lists. I do get alerts. Good. As if when I bid. I should feature me off.
Starting point is 00:42:25 Can't say any of your user, but yeah. Okay. The cars in mid-depth. Anyway, market report. Philippo, tell us a couple things. Yeah. We have somebody that we, that's very exciting,
Starting point is 00:42:34 selling a car with us right now. Is it Bernie Madoff? No, we actually have two people. One is a short form creator called Slick Stevie, who's selling a Baja bug with us. I love this thing.
Starting point is 00:42:45 It's so good. So good. That is so cool. It's so cool. He bought it on our site a few months ago. Now he's selling it after making it her be themed. Believe it or not, he bought it largely looking like this.
Starting point is 00:42:55 And now he made it even cooler. Wait, go back to the rear photo, please for a second. What is this bizarre Florida license plate? It's a couple people out on like a fan boat. Florida Bay Forever. Man, Florida really does it. Anyway, this is on this very cool. The other car that we have live right now that's really exciting is a Lotus of Mira
Starting point is 00:43:13 sold by none other than the Stradman. The Stradman, not a Stradman. No, no. The Stradman. This is James. James. I know James personally. Yeah.
Starting point is 00:43:22 I don't know his last name. I think it might be Stradman. But he still has a mirror with us, which is very exciting. Yep. I recognize this car. I recognize the photo. It turns out that's where they were taken. And it's very exciting.
Starting point is 00:43:36 And we love the Stradman. And his second channel. Strad. I do love the Strad. Yeah. Throughout the Strad chose to sell it on Cards and Bits. Auction went live today. So yesterday when you all are watching those,
Starting point is 00:43:48 bidding's already at $70,000. $70,000. What is an ameer worth? We'll find out. Stradman. Stradman, thank you for selling your Lotus Amir on our site. Okay, Kenan, give us the real good market report,
Starting point is 00:44:01 which is very interesting. Yes, so I discovered something recently. So, as you might know, I like the E39M5 a lot. You don't say. But I discovered something interesting. So E39M5 results have been pretty strong. I did a little more research on Classic.com,
Starting point is 00:44:17 which is a nice aggregate of, like a lot of results. They've been pretty strong recently, but to get like a decent one, it kind of costs you, the average turns out over the last five years, or the last year, is $35,000 about what it's going to cost you. For like a average of anything public?
Starting point is 00:44:32 Yes, correct. Average of anything public. The BMW F10M5, two generations later, about the same. So it actually costs four grand and more on average. So yes, depreciation is really striking this car. The E39M5 is ascending as a
Starting point is 00:44:48 And you know, that's actually a good point, because the E60 is even cheaper. Presumably worth it. The E3-9M-5 has outvalued both of its successors. Yeah. I mean, it hasn't out-valued the F-10 yet, but the writing's on the wall. Yes. And I suspect now, of course, the F-10 was available only as, or as it was available as an automatic and as a manual.
Starting point is 00:45:05 I suspect the manual ones will be, will hold their values substantially better. Which is true when we sell them, although it's very uncommon. Yes. But it is fascinating to me. Like, the F-10 M-5, to me, still feels like a new car. I live in the past, but I think of it as a new car. And it offers a lot of modern tech and a lot of great stuff. The E-39 definitely feels a lot more like a classic.
Starting point is 00:45:25 But this is what happens. The used market values different things than the new market. The new market values tech and vehicle size and performance. And the other, the classic market values experience. And I just think it was fascinating. I never really thought about it that way. With that said, I think the F10M5 is one of the sleeper. cars. I love them.
Starting point is 00:45:49 Look on this blue one. I just want to look at it. I love it. First off, I know it's sacrilege, but I think the F10M5 is maybe the best-looking M-5 or second. I agree with you. I love how this car looks. Yeah, I think it's second, but yes. I know you do. But either way, it's up there.
Starting point is 00:46:04 Like, I think it is beautiful. And it's a, the interior is fantastic. It's a very fun car to drive. It's a great power train. Maybe 3rd. E-34M-5 is a very good-looking car, too. It's just, to me, it's for me personally, If the E60 could be reliable, that would be more type.
Starting point is 00:46:19 If D6 was reliable, we would all have E60 of the time. Yes, agreed. Yes, we'd just be raw on our own and V10 manual sedans. I am in M-Sin-G-10 manual. Right, yeah. I'll get there. But, no, I agree. The F-10 is one of my all-time favorite M-5s.
Starting point is 00:46:33 I do wish they're a little more reliable, but we welcome to BMW. And that's something that is hurting it on the used market. Because the E-3N-5 for all of your Kenan decisions, it's a fairly reliable car. This car has some issues, and I think that continues to drive prices. Yeah, again, my car hasn't been unreliable. I just expected to be mechanically perfect at 240,000 miles. I will tell you this.
Starting point is 00:46:52 I want to see something crazy. We've been talking about this also. E3.9.5, 30 grand gets you a good one. F10M5. It looks like 30 grand gets you a good one. Go to F90. Yeah. U.M5, F90.
Starting point is 00:47:03 I remember reviewing this car at a dealer when it just came out. Whoa. They've been sinking. Whoa. We've been selling that we had an R&M at 43. We had a couple sales in the low 50s. This car ain't far. This is, to me, you want to talk about what feels like a new car?
Starting point is 00:47:16 Unfortunately, it's uglier and just worse. And auto only and all wheel drive. Uglier, auto only, bigger, et cetera. However, it's really fast. It's got amazing tech. And this car's only five. I mean, this is a 20,000 mile car. Like, it may have engine issues someday, but you've got a long way to go, and it's 55 Gs.
Starting point is 00:47:34 Right. I agree. Nick and I actually discussed this on like the Cars and Bids channel last week when we were highlighting cars that were for sale. And this F90 was one of them. But yeah, it really is, these are sinking and sinking fast. Sinking. fast. But great to pick one up as a used car. You get one of these as a used car. The numbers start
Starting point is 00:47:50 to the four. It's pretty appealing, especially because we all know BMW has some engine issues. These cars are young. I mean, they may develop issues later, but I just don't believe, truthfully, that at 18 BMW will have the kind of catastrophic failures that E60M5's had yet. You'd probably get five good years out of this car. This is the time to buy one of these. You'll lose 30 grand. When they've depreciated some, but not to zero, and when they're a little older, but not unreliable. I am curious to see how the market treats them, especially with the new one coming out. weighing, you know, twice as much as it.
Starting point is 00:48:19 As much as a small planet. I know, we all thought that this was the heavy, the heavy big one. Do we think that the F10 stick M5 will appreciate? It's a last of the manual on fives. And it was only offered in North America. It's cool. And it is. Also, they're not that expensive.
Starting point is 00:48:34 And the M6. Go back to F10. But they are very, the M6 from coupe. We've sold a couple. I know. We've sold every single one that was ever created. There are many. He didn't believe me.
Starting point is 00:48:44 He thought they were all modified and people swapsed. them. Go to sticks. That is not true. They were available with me. Like, how much of this stick? 35 for a great color ones. It's not that one.
Starting point is 00:48:54 It's not that one more. You should get into this. That'd be a good car for you. We're not discussing Colombo buying cars. This episode is sponsored by Turro. Turro is the world's largest car sharing marketplace.
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Starting point is 00:49:46 and hit clear for the dates. I've done just that, and I found about 30 of my favorite Turo cars. And you can check out my personal Turo favorites by clicking the link in the description below. Okay, time for questions, questions, questions, questions, questions. You can ask us questions. You go to Carsandbids.com,
Starting point is 00:50:04 and you click on the community tab, and there will be a post that says, please ask us questions in this post. And then we will ask the highest rated questions, no matter how stupid. And if you do it from the app, where you varies like, the community from the bottom nav bar.
Starting point is 00:50:17 And you say that, I will say thank you. Not allowed, but I will think. I will think, thank you. I will think, thank you. Probably apparently tied the app down there. Okay. Foll me. There's an incentive this month.
Starting point is 00:50:32 Okay, questions. First question from Luis, which is spelled to the one. What do mods slash upgrades do you believe retain or even improve car resell values the most? On the opposite side, what mods do you believe hurt resale value the most? Excellent question. Like I answered the latter part first, most mods hurt the value of the car. But some do more than others. But some do a lot more than others.
Starting point is 00:50:52 We were talking about this earlier. Of the mods that don't matter, like are easily changeable, I truly think the tinting taillight and headlights is the most immediate drop for a mod that doesn't matter. I agree with that. And black wheels from era where cars didn't have black wheels. Any car from the mid-2000s when black wheels was not a thing, you put black wheels on it instantly, it's uglier, and it says that the person is maybe sketched.
Starting point is 00:51:16 I also would submit to you that any wheel that our friend Nick thinks is attractive is a value decline in a car. To expand that a little bit more, I would say, yeah, any car with aftermarket wheels that are clearly aftermarket, I think most of the time is going to hurt. I don't think it'll necessarily hurt the value in a lot of cases. I think it doesn't help. I think that some do hurt the value. And I think that some help the value. But I think... Well, let's put it this way.
Starting point is 00:51:43 If you're selling a car on the site and it has aftermarket wheels, And you have stock wheels, put the stock wheels back on. I completely agree generally with that. There's a couple exceptions, but yeah. There are a few exceptions, but I generally agree with that. You should put the stock wheels back on when you go to sell a car. I have seen some cars list that I'm just like, if you would just put the stock wheels back on, you would have them.
Starting point is 00:52:01 And they have them. And they have them. Here, you can put them on. You put them on. You want to make the money on the car? You know what I think universally helps? Well-known reliability modifications. Reliability mods are huge.
Starting point is 00:52:13 It's like a specific issue that that car has that everybody knows. has. Absolutely. Better head bolts in the 63s, rod bearings in the E60m-5s, a manual transmission in E46M-3. That's a conversion. Kuntash has a bunch. 355 has a ton.
Starting point is 00:52:30 Headers. If you do those mods, people will instantly be like, yep, that's something I don't have to do. Right. Right. I totally agree with that. That's the one instance. It will also show that you care about the car, you care about the car long term. There are other mods, though, that add value. There are some, like the Porsche head unit that adds car play and stuff.
Starting point is 00:52:49 Porsche head unit that adds car play is a good one. I think in some cars that are very clearly track-based race-y type things, something like a roll cage can add value or race seats or something like that. Off-roaders are another one. Off-roaders have some value ads with good lifts. Those parts can be expensive and difficult to install, and so people have already done that on cars that are very commonly off-roated, often get some money for them.
Starting point is 00:53:12 Things that demonstrate that you care of, a lot about having the best, the most reliable, the safest. Like a roll cage indicates, oh, I actually, right. Yeah, you know I tried this car, but also I cared. Or like Olin's damp, Olin's shots, whatever, on some modification. Yeah, high quality parts, yeah. You won't get back the full money. You don't get back the full money.
Starting point is 00:53:32 But like an original 9PA Cayenne. Wow. Nice. I like it. That's been modded, off-road modded, gets more money than one that has it. I don't think you get dollar for dollar back on the mods, but it certainly is more desirable and more value. people.
Starting point is 00:53:46 Yeah. I'm trying to find an example of that. I mean, we've had a number. Okay. That's a good question. And I think Luis, one Luis has a good question. I think we've successfully answered it. Next question from OES, yes.
Starting point is 00:53:59 This is a great question. One of the best we've ever been asked. Wow. Kenan, if you could magically change the M5's color to any other BMW factory color, would you and what color would you choose? Same thing for Doug and the career GT with Porsche colors. Yep, absolutely. In fact, when I bought my M5, I didn't order, but when I bought my M5, I didn't want silver.
Starting point is 00:54:18 I specifically didn't want tights hay and silver. No, I wanted a 2,000 Avis Blue with the two-tone interior and full leather. Very, very, very, very rare. I think they only made 17 or 19. My friend Luke has one, and that's what I wanted. I even looked at it. I was negotiating on one in Chicago at the time, but just the numbers didn't work out. And I was getting discouraged, and eventually that one came up,
Starting point is 00:54:38 and the condition of that car was so good. That's why I bought it in the end. Interesting. But yeah, Avis Blue, in my opinion, was the best color. And it was replaced by Lamont blue when they facelifted the car. But Avis was very pretty.
Starting point is 00:54:50 It was offered on the U-36M3 as well. And that to me is like, that's the one. That would be the one with the full other two-tone interior. So they're out there. Sport interior. They are out there. I see them occasionally, but it's very rare.
Starting point is 00:55:02 And only available for 2000. Me and the Career GT, I have a bizarre color history of the Career GT. I really loved the yellow. The yellow was the thing. It was dance yellow is what it was called, the special color that they started with the Career GT. I really wanted it.
Starting point is 00:55:14 It's all I wanted. And then over time, my taste started to shift a little. And by the time I bought the car, Fancy Yellow was way too expensive. And to be frankly, I preferred silver. And it's funny. I was thinking about this last night when I wrote this question down and started thinking about it. For GT, I have never preferred the color I bought. To this day, I wish my car was white with blue stripes.
Starting point is 00:55:37 To this day. So surprised. Career GT, I never have wished it was yellow. There is not a, people always like, when are you going to get your yellow one? And I'm like, hopefully never. It looks like a banana. I actually prefer silver. But I actually, and I know that I prefer silver because for the Ford GT, I've never been able to get out of my head that I don't prefer that car's color.
Starting point is 00:56:00 And I always think about it. And career GT, I never think about it. So I legitimately think. However, if I could have any color on that car, I don't know. Personally, I think the career like cars look best in the colors. the manufacturer offered. I think when people do color changes, it doesn't necessarily work in the way.
Starting point is 00:56:19 That's not the color of the car. It's not correct. And so for that car, it was silver, seal gray, black, other black, red and yellow. And I think silver looks the best in the career. G2. Yeah, G2nda is a great color. I truly do.
Starting point is 00:56:30 However, if I could move beyond the Career GT color palette, I mean, I don't know, like in Aizuro, California, I think would look cool. Zanzibar Red was another reddish-brownish they did that was cool. But I'm not sure would look great on Career GT anymore. way. People are doing all these career GT color changes now. The factory is doing them. Certain dealerships are doing them. There are certain modifiers, aftermarket modifiers that Graham Ray help that are doing them. I don't think any of them look better than the OE colors, to be
Starting point is 00:56:53 honest. But I'm an OE guy. I like OEE stuff. It's who I am. Everybody should keep in mind that every other car that Doug owns is white. Well, Doug, Doug likes owning cars in the, so this is kind of along the Azure of California. Yeah, golf blue. Portia. Porsche did some golf blue ones. I'm just thought, I just thought that I think you're right about G2. Seal, I actually think seal is better looking than GT Silver, but to me, the car just looks best in GT Silver. Anyway, we're splitting hairs at this point, but the answer is I really like the car in silver, which is odd and disappointing. Both of us.
Starting point is 00:57:23 I know. It's such a shame. You have an good answer to this question, and I really don't. I think I would, silver is just what it is. In my mind, a career to see is silver with the brown tier. I'm going to be honest with you, I'm thrilled that I have silver. It makes it a lot easier to live with when it gets slightly dirty. Could you imagine if he had anything else?
Starting point is 00:57:38 Dark colored car. I just like, you all should hear what Kenon has said before. full leather interiors. He'd be clean in the car literally now. Be like, kind of time for the pie. He'd be like, nope. No. No.
Starting point is 00:57:48 Okay, next question from Amir Hassan 722. As a senior graduating college soon, as a senior in college graduating soon, any advice on how to land a job like Doug had at Porsche early in his career? Philippa. I got no advice, Doug. You had the job.
Starting point is 00:58:03 Philippo got a job, though, when he got in college. Of course. How'd you get that? I don't have a good answer for this. I don't know. I don't know what the answer is. A job, like, I'll tell you this. And I'm very, very serious about this.
Starting point is 00:58:17 People make a lot on the internet of what job I had at Porsche. People are like, he made a lot of money when he was working at Porsche. I had like the most entry level job that ever existed at Porsche. I was getting paid $48,000 a year. And it was like not, people are like, how did you get this special job? I sat at a computer all day doing Excel. Like, this wasn't something. This wasn't like an amazing thing.
Starting point is 00:58:41 To be honest, my answer to this question is, and I've always told this to people, like, you should consider starting working at a dealership. I think dealership life gives you an unbelievable amount of automotive experience. That is where everything happens. And tons of upside. And when I then went into the actual industry for the manufacturer,
Starting point is 00:58:59 I knew so much more because I had worked at a dealership before that. Getting into work at a manufacturer is hard, but it's not as glamorous as people think. I went to work next to a, you know, we went to Chipotle for lunch. lunch every day and we sat at Excel. It wasn't different from if I was working at the company that makes a rope sign. It's corporate, but for a cool company.
Starting point is 00:59:18 Yeah, that helps. You went to Chipotle lunch in your company 997.2. Yeah, but that was, that was a company car that I was leasing from the company and took my pay. You should have seen, I was taken home like $1,100 bucks a paycheck. Like, it was a situation. I, so as the person who has most recently gone through this for the automotive industry, like, I agree with you 100%. I work for the largest exotic car dealership in the company.
Starting point is 00:59:41 country and I learned a lot about different parts of the industry for new cars, for old cars, for how it all works. And I also learned what I liked and didn't like about that specific part of the industry. And that was tremendously helpful. And additionally, I met tons and tons of great people who I'm very close friends with in the industry and going to events, talking to those people, how they got started in their career and just being friendly in general. I started talking to you just casually about F-50s and then you asked me what I wanted
Starting point is 01:00:09 to do. I want to work a company live in Southern California and work in that now. Right. I think there's also a lot of like you just sometimes have to build your way up to that
Starting point is 01:00:16 by proving that you're competent. Yeah. If you are competent, even if you're working a different job, if you're competent, then you develop the skills. And also like I would note on that, I would say like if you're gonna,
Starting point is 01:00:26 when you're building those relationships, build them as friends. Like don't build it as like I'm angling to get this job when this person has it or whatever. Like that's not the right way to approach it. Genuinely invest in the relationships and have genuine passion and enthusiasm
Starting point is 01:00:37 for the cars that you're interested in. The purest enthusiasm carries you a long way, I think, and you certainly had it when it comes to guys. Yeah, yeah. And honestly, I don't regret having that job, but I also don't think that job is quite as, like, when you're a senior in college, your whole world is devoted to, like,
Starting point is 01:00:52 getting a cool job at a cool job. That job wasn't as special as you might think. Like, there's a lot of cool jobs out there, and that job, it was $1,100 a month that I was making after my company car lease. Well, that seems like a person. But you're driving around in the 9-11. But you're 21, you can drive around.
Starting point is 01:01:09 11 hundred a month, but you're driving on 9-11, that's like the dream. Okay, next question, and this is from, next question, and this, I'm going to do two more. Okay. Okay, next question, we're going to do two more, two more questions. This next one is from J-Sdirty 388. Given that Amazon confirmed the Grand Tour will get three new hosts, are you guys going for it? Why or why not? Years ago, they reached out to me for one of the shows.
Starting point is 01:01:34 Maybe it's Top Gear, I don't remember. And you should have seen what you had to do. You had to, like, agree that you would not. post on social unless they approved it and you had to agree. And it was like, I already make more money than on YouTube and I'm more, I have more freedom. Like I have zero interest in this. I didn't even reply to the casting call. Like it wasn't even interesting to me. I think at the end of the day, like TV shoots are not my thing. I like low production, quick moving stuff. Plus, we could do things that are even better. Like we have coming out next week, stay tuned.
Starting point is 01:02:03 Ooh. Did you want me to actually answer the question? Yeah. Oh, I would literally never. I love being part of the content with you guys, my friends. It's wonderful. It is also a, like, very small portion of my actual job here at Carson Bids. And I like the remaining portion of my current job here because too much. When we set up the pod, we were, like, about to start shooting one day. And we were like, oh, no, who are we going to have on it? Philippa, why don't you come join?
Starting point is 01:02:29 Yeah. It was excellent planning all around. And every time we do the pod, he resents us. No, no, no. I sense it every time. I only resent it when you're late. But it gives him a chance to talk about normal cars. I know a car business, which he loves more than anything else.
Starting point is 01:02:44 I had a topic today about a Chevy Malibu, and you refuse to talk about it. Reasonably. And so I think the answer is no. Kenner, would you go on the grand tour? No, I'm a fan of, like, I was a fan of, here's the thing. You're always going to be compared to the trio that did it, no matter what you do. And nobody does it better than those three. I want to see Jeremy Clarks and Richard Heaven and James May, especially James May,
Starting point is 01:03:07 doing what they do. They sell gin now. I know. I have some. Wonderful. But like I truly feel that like they're in entertainment history. They're one of the greatest trios, period. And they did it for so long.
Starting point is 01:03:25 It's such a high level. It's not that it would be competition with that. But like you just can't capture that kind of lightning in a bottle more than once. And I love watching the old stuff from Topgar and the Grand Tour. Like they did it really well. I'm sad. It's gone, of course. but they left us with quite a body of work.
Starting point is 01:03:41 Yep, I agree with that. I do think that you would be a very good James May replacement, though. No one replaces James, but he is my spirit animal, that's for sure. Final question from P33 KYN. Sounds like a British license plate. Hi, how do you all feel about being called yuppies by Scotty Kilmer in his recent video? Doug DeMiro was talking crap about me, and here's what I have to say. All right, I want to address this.
Starting point is 01:04:01 A lot of people sent me this video. Did you watch it? No, and here's why. Scotty, I actually had a lot of respect for Scottie because you just gets unreal views. But here's the deal. Unreal concern. God, did he make that? I wish I could do what Scottie does. It's like in his house yelling at the camera and he makes, gets tons of views. But for years, as I got more and more popular on YouTube, a lot of people started to use my name in videos. Like Doug Demiro said this, here's why he's wrong. Or I hate Doug Demiro or Doug Demiro, whatever.
Starting point is 01:04:28 And to be perfectly honest, I never watched any of that stuff. I think it's a cheap way to get views. And I'm kind of busy. Like, I don't really watch. I truly like, what am I going to click? What am I going to watch the Scotty? Kilmer video. What do you tell me? When am I going to sit down and be like instead of playing with my kids or playing with Kennan? Well, I'm going to instead watch a Scotty Kilmer video or any of these people who have used this. And I think, you know, whenever you can like simulate strife on YouTube or in columns, articles, it gets a lot of clicks. And so I never read anything that's what about me. I don't care. A yuppie specifically. Scottie Kilmer is a way of talking. I love
Starting point is 01:05:05 Scotty, oh, legit, bad respect to Scottie. He'll probably make another angry video about this or maybe he'll be happy of this. I have no idea. And I promise you, I won't watch it. I've noticed it for years. I've noticed this. Like, people would be like, oh, Doug said this. I'm going to do this video and include his name in the title because that starts this like, this like strife. And it's so funny, people complain about like, oh, you know, journalism is this. Well, you click on it. Like, people click on this stuff. They love this. They love this drama. And I won't
Starting point is 01:05:35 participate you will never see me complaining about any YouTuber and definitely not put in the title of any video that is not the way things work in this content business I really assume that you've at the very least had Nick watch it because Nick who's off in the podcast I think watch it every YouTuber so I just assumed he knew I watched himself but I certainly won't and certainly should we start a beef with somebody right now no I don't think so I don't have anybody to start a beef with, though. Like, I don't have any negative feelings about any.
Starting point is 01:06:08 Some people have negative feelings for me, but I love all. We just have a lot of love to words specifically. Whistling Diesel? Yeah. Whistling. I mean, Whistling Diesel is number one, then whovee. Right. Maybe we should start a thing.
Starting point is 01:06:18 Maybe we should start a beef with Tavarish. What you is, Tavarish. No, Freddy's great. Leave Freddy alone. All right. That's the end of that. Ladies and gentlemen, it was the best podcast you've ever done. Leave for any parting words.
Starting point is 01:06:30 Yeah, download the app. And also go to merch. orgeth.com. Thanks, Always corporate as it gets. Thanks, please, Always corporate, always,
Starting point is 01:06:38 I appreciate it. Goodbye, everyone. Goodbye.

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