Agree - to those who buy them, the depreciation is not a relevant factor. All cars depreciate - some faster than others. Cars are NOT investments. At a minimum, they are appliances. So calling someone "stupid" who wants the experience of a luxury car has missed the point.
@@OzMediaOfficial very based american wouldn't not know they ain't get standardized price they would just slap random price until people want the car they selling like in 2nd hand car dealers.
@@AV-nl9gc i wd buy a toyota . Case closed . Cars arent supposed to be unreliable If a car demands too much care , its not for me . Same for my food . I like to eat , i dont like to dance for my meal
These cars are some of the most desirable and sought after cars in the world. The people who have purchased them have achieved a great deal in life and are not concerned about depreciation in the slightest bit.
The reason they depreciate so fast is they are unreliable, expensive to repair and maintain and do not last. No one wants a car that breaks down all the time regardless of how much money you have.
The Z06 retains nearly 80% of its value after 4 years. That is fantastic and way better than most cars. How many cars maintain more than 80% of their value after 4 years? Not many. By that measurement almost all cars are a bad investment and we should all be riding bicycles.
@@johnmeikle1477 Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
@@AV-nl9gc How many bitcoins did you buy in the beginning? no one knows the what the market is going to do, only what the market has done. Hindsight, I have plenty of it. I am not selling my car I like it to much.
I wouldn't be surprised if Modern Muscle is a Dodge Charger owner hating on Corvette and Camaro. I work in the auto industry and I know dealership that still offer up to 85% for a good/excellent C7. But as for a Charger (which should've made this list), they'll be lucky to get 50%. Ask any dealership if they want used Charger or used Corvette. They'll take the Corvette any day.
I’m gonna have to stop you here. I have a 2016 Z06. I paid $76,000. Recently Vroom offered me $74,000. Retail is around $80,000. Zero depreciation. 5% appreciation.
right. I am watching Book Values on some of these and im like... would you site a reference page? the Corvette and the Raptor and the Camaro have appreciated in value
You buy these cars because you can and you want the experience. And when you can, you dont care about losing a few bucks. Any new car depreciates as soon as you sign the paperwork and drive it off the lot. Most popular selling models like Fords, Chevys, etc.. will simply lose value because there are a lot of them out there.
I was going to say the same thing. And they only went down in price for like 6 months when the C8 first came out, but soon after three went up in resale value.
@@Pepe-dq2ib they just went up in price because now there is a high demand for them. When the C8 first came out in 2020 that’s what everybody wanted and dealerships where trying to unload all the C7’s they still had in stock.
I like how the study's cutoff is 2019, right before the pandemic and resulting inflation made used car prices ridiculous. I bet most of these cars on the list are actually worth *more* now.
The yellow Corvette shown is not a Z06. It's a ZR1 (with the ZTK track package option) which retailed for ~140-150K+ with 2019 being the only model year.
You switch from % to $ to measure depreciation and from 3 years to 5 years. Of course a $300,000 car will depreciate a large amount of $ versus a $50,000 car.
theyre all reasonable. Who cares if they depreciate. I could care less. If im buying a new RR or Bentley, or anything of that price, I wouldnt care about depreciation. I care about the care and money wont hold me back.
Don’t forget the 2012 Jaguar XKL. At the time I bought it in 2012, I paid $112,000 with top of the line interior, TV’s, Sway roof line, built in food trays and a lot more and a couple years ago, when I decided to sell it, I found out they were going for about 10k to 15k. I was so pissed. I ended up selling it for 18k because any teenager out of high school was all buying them now and I had to work my tail off to get it. I will never get over how much money I lost on that car.
Remember. This channel used someone’s modified stinger and called it a Kia Forte and proceeded to call it a car people think might be fast but is actually slow. Lmao
Just bought a corvette z06 and as soon as I started to shop around I found out real quick that they don't depreciate like I thought they would and therefore know that your numbers are way off.
Have you looked at the price of used trucks recently? I know this as I am looking for a used truck such as a Ram or F-150. They are almost as expensive as the new trucks. Also, the C7-Z06 is holding the value quite nicely. Even the C7 Corvette is holding their value nicely. PS, I purchased my C8 corvette at MSRP and they car went up in value by $30,000.
That's because dumb fucks are wiling to pay the ridiculous prices on used shit. When people stop being stupid buyers the prices will come down. Simple as that.
Think the current used car market has actually helped many of these increase in value. I purchased a 2018 Camaro ZL1 in early 2020 and turned a $11,500 profit on it’s sale this summer.
So, the more exclusive the vehicle is, the smaller the market is for it, the more it costs new, and the more it loses value over time (because the used market is also small for it). Got it. Genius at work.
Base price on a 2017 ZL1 was 63k. If your numbers are correct with the 69% depreciation, then I should be able to find these things selling for 20k or less. Good deal ZL1s on CarGurus sell for 55-60k. The car has lost 5% of its value tops.
@We're Just Here to Help thanks man, I’m planning on keeping it stock for fair factory races and already beat a demon on street and beat a gt500 on drag
@@Randomer36034 no, first i did not insult you for no reason i just told you to shut up and second if you had actually read and understood what had been written you should not have responded at all
If you care about car depreciating over years, you're ain't rich enough to own any of these luxury car. Rich people doesn't care even if they have to ditch any of these cars on the roadside as it will just give them a reason to buy a new one.
You watch too many movies. Wealthy individuals gain wealthy by not wasting their money. Specially on depreciating assets. Do not misunderstand people with a few million that can't afford these cars with wealthy individuals.
I’m one of the stupid person who owns two of the cars you mentioned here. My experience with the cars are exhilarating. The 2020 G63 amg I purchased last year for 200k sold for 250k this month! Who’s stupid? Lol
Absolutely true. The shortage of computer chips has reduced the supply of many new cars. Limited supply on new = greater demand for late, low mileage used cars. My three year old Porsche Cayenne turbo sold for what I paid for it new! Yeah, no dreaming, fact. I’m sharing my wife’s macan until supply eases.
@@RC-bw7zz My Challenger can still sell for more than I paid 2018 RT. My Jeep Compass 2018 that oddly enough cost more than the challenger (young and dumb🤦♂️🤦♂️) sold for 21k. One of the bright sides of Covid.
@@ralphdeleon7749 Both lose there value more than most other cars but the Maserati Quattroporte tends to be the worst Maserati. Personally I’ve always liked the car, just not reliable enough to buy one.
People buy cars to own them not to sell them, and depreciation is irrelevant to them. they buy a car they like to own for a long time and I don't appreciate calling people stupid, not nice at all.
Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
J. Paul Getty used to say about his expensive 'toys': 'if you have to ask the price, you can't afford it'. No one that can afford super-cars really cares about its MPG or cost. If they were prudent like you or I, they'd buy a Camry, Accord or even a Corvette. But some people who have it, like to flaunt it. And, sometimes, let's be open: we're just envious.
I'm going to look at a used Camaro ZL1 in a couple of years. On the rest of these 100k+ cars I really doubt that the owners are too concerned. Stupid list
For many of these cars, depreciation is actually part of a business expense and business tax write-off. The rich know how to make money work for them even when it's losing money.
I simply want a car that can go from zero to sixty in one second. It must have Rolls Royce luxury and can be fixed by a backyard mechanic and it gets around two hundred miles per gallon and has a ton speed of 400 mph and can fly through space at just under the speed of light.
The “Corvette Z06” you show at time counter 8:44, isn’t a “Z06” Mr car expert. It’s a ZR1. And they have exploded upward in value. Just so you know Mr Car Guru.😉👍🏼
The people who can afford these have a lot of disposable income. Getting to that point would have taken a lot of hard work, persistence, dedication & intelligence. Certainly they're not stupid. They buy these cars because they can, not giving a thought about the resale price later on. They could care less about depreciation.
A ZL-1 Camaro has a 69% depreciation after three years?!? Put the crack pipe down. Those cars are reselling for nearly their original sticker because of the new-car shortage.
I agree with your general premise but there are people rich enough to collect cars the way most might collect stamps or pennies. For them the impact on their budget is minimal. Beyond that you are helping to employ a bunch of people so go for it if you are flush with money.
A vehicle is not an investment. All new vehicles depreciate. If i am able to buy any of those cars depreciation is irrelevent because money is no object.
As someone who owns a Mercedes CL550 (the predecessor car to the S550 that you mentioned), I can tell you that owning this automotive miracle is well worth the ~$1k/month hit in depreciation, which is the result of an uneducated used car buyer market - NOT a dumb decision on the part of the person who puts down $130k on this amazing machine. Here's the deal, buddy, ... stupid people don't buy a Mercedes because it takes more intellectual horsepower to be successful enough to afford a car of this stature than an envious simpleton like you possesses ... and clearly, you'll never be able to afford such a pleasure that turning the key to this automotive masterpiece provides. You should find something more productive to do with your time than criticizing the car of choice for those that are more successful than you will ever be.
The thing I don’t get about ANY car appreciating (especially super cars) is that people usually thrash on (high hp) cars and generally abuse them.And as far as the lambos,Ferrari’s etc,the build quality is horrible on them.Yet most used “super cars are sold almost as new or in some cases more than the original price paid and it’s mind boggling.
The thing is, the target market for these cars enjoy spending money. And they usually have a lot of it. It really doesn't matter for them if it depreciates in value. The stupid ones are those who can't afford these cars but still trying to buy them😅😅😅
Yup, this info is dated. While I picked up my C7 Vette @ 5 years old and and about 60% of original sticker, the crazy COVID used car market and Vettes in particular actually saw mine INCREASE in value. The dealer I purchased it from offered me $11,000 more than I paid them for it several years ago. Will I sell it? Hell no, what would I replace it with??? Besides, it's a badass sumbitch 😁
High depreciation cars can represent a great used car option. In my early work years I drove big GM luxury land cruisers that were just off a two year company car lease. Being corporate executive fleet cars, they were very well maintained, but sunk in value like a rock. I'd then drive them into the ground paying little for great transportation. Money saved went into an appreciating asset, my house.
Stupid people also hoard wealth (while living as a miser) until the final years of their life. That is arguably way worse than enjoying a very fun depreciating asset.
The common and correct way to talk about depreciation is by comparing the % that the car loses. Of course, more expensive cars are going to lose bigger amounts. 10% of $30K is $3K while that same 10% of $300K is $30K, meaning both cars depreciate at the same rate.
I could argue that a dumb purchase can be any overpriced toyota, just because they are bulletproof doesn’t mean i should spend 60% over actual value because of a toyota tax.
Smart people don't buy these cars they lease them. And with a good accountant they find some way to get a write-off. Steve Jobs used to lease a new BMWs for 6 months.
Everyone should wait until you have a net worth of 1 million b4 turning 100k into $48K. That is ideal bc you can afford to lose the value. If you don’t one could argue you’re not good with money or dumb. However, it’s your money, your choice and your life. In closing - EVERYONE leases vehicles- even car payment people and cash buyers. It is simple math: (Purchase price + all associated costs of ownership) - (value at the time you sell) divided by time of possession/ownership in months. That is your monthly “lease” or rental cost. When you do the math sometimes the car owns you. The status cars tend to have high insurance, gas, maintenance, repairs, detailing and registration costs and many prove very expensive to repair without warranty which trashes value and increases your ‘lease’ per month cost. If you do it right, you can make the ‘lease’ cost per month reasonable. But hey- it’s each person’s choice to do whatever they want.
One last thing, if your on avg mo cost to possess/use a car is 1200/mo from age 30-60 and always trade up and spend $1200/mo on car you better be investing well in other areas. if u cut that in half and invest $600/mo (not counting 401k) into a great index fund for 30 yrs thats at least a couple million in addition to 401k, home equity etc. But alas, we don’t see that enough but rather broke 60 yr olds with a mortgage and an $800/mo lease and working until they die. All hat, no cattle.
Buying like a five year old f150 is a brilliant purchase actually because you will be able to sell if needed. I buy cars to drive, not sell so if they’re reliable, that’s all that matter.
I laughed every time a sale man tells me.. when you buy a new car it’s a big Investment. I will be like are you a fucking fool or you really think that I’m a fool
Авто/Мото
No one buys these cars to increase their wealth. Most people know this. People buy for the ownership experience. 👎
Agree - to those who buy them, the depreciation is not a relevant factor. All cars depreciate - some faster than others. Cars are NOT investments. At a minimum, they are appliances. So calling someone "stupid" who wants the experience of a luxury car has missed the point.
Indeed. They bought them because they can afford and enjoy the luxury
Exactly, we’ll said my friend.
Well said
Your smart
My guy acts like someone buying an S class, bently, or lambo care about the depreciation.
Also calm down with the wiggle jesus christ.
They do.
@@TheDalitis8 they most certainly do not
@@OzMediaOfficial very based american wouldn't not know they ain't get standardized price they would just slap random price until people want the car they selling like in 2nd hand car dealers.
@@OzMediaOfficial I do. S63. Beautiful car that outperforms any expectations... Despite all that, depreciation does matter.
Calling yourself a car enthusiast is like calling a toaster an oven
Facts !!!
Well u can use toaster to heat things
Also enthusiast doesnt mean not being factual
Dum people here on on this island where I'm from call SUV's a jeep and a mine van a bus
@@zacksmith5963 would you trust an oven enthusiast to cook you a meal?
@@AV-nl9gc i wd buy a toyota . Case closed . Cars arent supposed to be unreliable
If a car demands too much care , its not for me . Same for my food .
I like to eat , i dont like to dance for my meal
These cars are some of the most desirable and sought after cars in the world. The people who have purchased them have achieved a great deal in life and are not concerned about depreciation in the slightest bit.
The reason they depreciate so fast is they are unreliable, expensive to repair and maintain and do not last. No one wants a car that breaks down all the time regardless of how much money you have.
@@steveg8102 more moving parts=more to break. Especially the sensors/electronics in modern vehicles
I have to disagree.
@@steveg8102 ah yes because you buy a expensive car because you want something reliable
@@bastik.3011 yeah you buy them to make your mechanic rich and because they look good in his parking lot. Lol
The Z06 retains nearly 80% of its value after 4 years. That is fantastic and way better than most cars. How many cars maintain more than 80% of their value after 4 years? Not many. By that measurement almost all cars are a bad investment and we should all be riding bicycles.
my C8 corvette which was bought in January of 2021 has gone up in value between 30k and 40k no to bad of an investment
@@johnmeikle1477 Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
@@AV-nl9gc How many bitcoins did you buy in the beginning? no one knows the what the market is going to do, only what the market has done. Hindsight, I have plenty of it. I am not selling my car I like it to much.
I wouldn't be surprised if Modern Muscle is a Dodge Charger owner hating on Corvette and Camaro. I work in the auto industry and I know dealership that still offer up to 85% for a good/excellent C7. But as for a Charger (which should've made this list), they'll be lucky to get 50%. Ask any dealership if they want used Charger or used Corvette. They'll take the Corvette any day.
Yeah that ' depreciation ' he said was on the zo6, I'll take that any day.
I’m gonna have to stop you here. I have a 2016 Z06. I paid $76,000. Recently Vroom offered me $74,000. Retail is around $80,000. Zero depreciation. 5% appreciation.
He probably has old stats, as most sports cars are hot right now.
What site?
@We're Just Here to Help they really are
These youtuber is not soo smart
right. I am watching Book Values on some of these and im like... would you site a reference page? the Corvette and the Raptor and the Camaro have appreciated in value
You buy these cars because you can and you want the experience. And when you can, you dont care about losing a few bucks. Any new car depreciates as soon as you sign the paperwork and drive it off the lot. Most popular selling models like Fords, Chevys, etc.. will simply lose value because there are a lot of them out there.
I buy used older GM, I don't buy new.
@@theroyalcrownedtiger2946 Same here. I didn't pay a lot for my Corvette.
Exactly that's why we love cars
@@theroyalcrownedtiger2946 my dream car is a 1969 Camaro Z28 because of how it feels to me
@@codandcars2493 Anyone who thinks about investment value has never built a hot rod. It's all about the experience. Non car guys don't get it.
That is not a Z06, it’s a ZR1. And I’ve not seen the depreciation nearly that high for either models.
Actually they have gone up in price.
I was going to say the same thing. And they only went down in price for like 6 months when the C8 first came out, but soon after three went up in resale value.
@@krum03 did it go up because the 2023 C8 is bad? I though everything loved the latest C8 and praised it as being the best car for the money?
@@Pepe-dq2ib they just went up in price because now there is a high demand for them. When the C8 first came out in 2020 that’s what everybody wanted and dealerships where trying to unload all the C7’s they still had in stock.
@@Pepe-dq2ib The 2023 C8 is not out yet.
I like how the study's cutoff is 2019, right before the pandemic and resulting inflation made used car prices ridiculous. I bet most of these cars on the list are actually worth *more* now.
Calling these buyers stupid? I don't think 15k of depreciation a year means much to certain people; they can make that in a day.
It's incredibly stupid to get any of these cars tho lolol
@@Aj-me8mo lol no actually go cope. You probably are just jealous and drive a $5 flintstone car.
@@warlordop713 I'm in the medical field bud 😂😂 calm down before I humble you
@@warlordop713 agree and getting those cars is not too bad the best thing is getting a car .
@@Aj-me8mo not really it’s comparable to you buying an iPhone for $1000
The yellow Corvette shown is not a Z06. It's a ZR1 (with the ZTK track package option) which retailed for ~140-150K+ with 2019 being the only model year.
And is now selling for above 200k
You switch from % to $ to measure depreciation and from 3 years to 5 years. Of course a $300,000 car will depreciate a large amount of $ versus a $50,000 car.
Exactly. Most cars lose 50% in tge 1st few years. If you're still under that after 5 years you're doing well
You know, 5,000 USD a year for a 'Vette sounds pretty bloody reasonable.
Great car. Great value.
theyre all reasonable. Who cares if they depreciate. I could care less. If im buying a new RR or Bentley, or anything of that price, I wouldnt care about depreciation. I care about the care and money wont hold me back.
Don’t forget the 2012 Jaguar XKL. At the time I bought it in 2012, I paid $112,000 with top of the line interior, TV’s, Sway roof line, built in food trays and a lot more and a couple years ago, when I decided to sell it, I found out they were going for about 10k to 15k.
I was so pissed. I ended up selling it for 18k because any teenager out of high school was all buying them now and I had to work my tail off to get it. I will never get over how much money I lost on that car.
My friend bought a brand new Corvette this year and sold it after six weeks for more than he paid for it.
I didn't pay for it, your friend did. Have a great day, God bless
No one but him paid for it
Remember. This channel used someone’s modified stinger and called it a Kia Forte and proceeded to call it a car people think might be fast but is actually slow. Lmao
Calm down googler, u don’t know how to have fun with cars
yes u r correct bro
Just bought a corvette z06 and as soon as I started to shop around I found out real quick that they don't depreciate like I thought they would and therefore know that your numbers are way off.
Gotta love buying used cars
Those raptor clips were badass I was focused more on them than what he’s saying.
😆😆😆
Was thinking the same and Im not a raptor fan lol
Have you looked at the price of used trucks recently? I know this as I am looking for a used truck such as a Ram or F-150. They are almost as expensive as the new trucks. Also, the C7-Z06 is holding the value quite nicely. Even the C7 Corvette is holding their value nicely. PS, I purchased my C8 corvette at MSRP and they car went up in value by $30,000.
Crazy, I've been looking at used Silverados and f150 s and like you said they almost cost as much as a new one wtf!
Can we talk about old Toyota Truck prices? Um
...
indeed may as well buy new if price not much different
The 2019 ZR1 is stupid expensive
That's because dumb fucks are wiling to pay the ridiculous prices on used shit. When people stop being stupid buyers the prices will come down. Simple as that.
A lot of these cars have actually appreciated in the current economy/market. G-wagon, C7 Zr1, and Urus to name a few.
Think the current used car market has actually helped many of these increase in value. I purchased a 2018 Camaro ZL1 in early 2020 and turned a $11,500 profit on it’s sale this summer.
The text overlays (shaking, in red, sometimes being sarcastic) are hilarious.
Yes
I paid 18k for my 2018 RS 1LT. Now its worth 26k the markets are at an all time high...its definitely a sellers market
So, the more exclusive the vehicle is, the smaller the market is for it, the more it costs new, and the more it loses value over time (because the used market is also small for it). Got it. Genius at work.
Not exactly, exclusive vehicles are also made in much smaller numbers so some retain value even though the market it is small.
The market is small precisely because it costs more new. If a Porsche 911 cost 30k, we'd all buy one
Base price on a 2017 ZL1 was 63k. If your numbers are correct with the 69% depreciation, then I should be able to find these things selling for 20k or less. Good deal ZL1s on CarGurus sell for 55-60k. The car has lost 5% of its value tops.
Man, I guess my 72 Pinto is still worth 5 cents.
RyanMedic I get your humor but you might be shocked to see today's asking prices for a clean Pinto.
Literally 2000s corvettes sell for 25k+
Bro do u even have a car? I have a zl1 1le and it’s fantastic best first car ever
@We're Just Here to Help thanks man, I’m planning on keeping it stock for fair factory races and already beat a demon on street and beat a gt500 on drag
He has a Dodge Challenger
@@Randomer36034 shut up
A
@@Randomer36034 no, first i did not insult you for no reason i just told you to shut up and second if you had actually read and understood what had been written you should not have responded at all
This analysis you guys do doesn't make any sense, its pointless...
If you care about car depreciating over years, you're ain't rich enough to own any of these luxury car. Rich people doesn't care even if they have to ditch any of these cars on the roadside as it will just give them a reason to buy a new one.
You watch too many movies. Wealthy individuals gain wealthy by not wasting their money. Specially on depreciating assets. Do not misunderstand people with a few million that can't afford these cars with wealthy individuals.
rich car enthusiasts would keep their cars close
I’m one of the stupid person who owns two of the cars you mentioned here. My experience with the cars are exhilarating. The 2020 G63 amg I purchased last year for 200k sold for 250k this month! Who’s stupid? Lol
Sure! Keep dreaming
Absolutely true. The shortage of computer chips has reduced the supply of many new cars. Limited supply on new = greater demand for late, low mileage used cars.
My three year old Porsche Cayenne turbo sold for what I paid for it new! Yeah, no dreaming, fact.
I’m sharing my wife’s macan until supply eases.
@@RC-bw7zz My Challenger can still sell for more than I paid 2018 RT.
My Jeep Compass 2018 that oddly enough cost more than the challenger (young and dumb🤦♂️🤦♂️) sold for 21k. One of the bright sides of Covid.
How is a Maserati quattroporte not on this list ? New msrp is over $80,000 a 2017 model can be had for $30,000 .
do you mean Maserati Ghibli?
@@ralphdeleon7749 Both lose there value more than most other cars but the Maserati Quattroporte tends to be the worst Maserati. Personally I’ve always liked the car, just not reliable enough to buy one.
The P100D was not 155k, it was like 110k. The new plaid with maxed options is 155k, completely different car
I’m one of the most stupid guys- I bought a used 2015 S550 in 2018 under $70 K.
It is a really good car. Nothing is better .
it shouldnt bother anyone else that you bought the car that YOU bought. this mans channel is a joke😂😂 every car depreciates jus some more than others
This is a joke….. gap price the Raptor, corvette and z1 Camero 🤦🏻♂️
I’ll be keeping my 2020 Ford Mustang GT convertible. The car is awesome.
People buy cars to own them not to sell them, and depreciation is irrelevant to them.
they buy a car they like to own for a long time and I don't appreciate calling people stupid, not nice at all.
The vast majority of cars immediately lose a lot of value in the first few years. Buy a car three years old with less than 30,000 miles.
Exept for camaros gained 70 percent value this year. My SS jumped from 20 to 27.
Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
@@AV-nl9gc While that is true, Corvette and Camaro prices have skyrocketed
35% (Final-Initial)/Initial
Lamborghini made a Yaris?
@We're Just Here to Help lol
Aston Martin did
I drive cars into the ground 😂 resale value means nothing to me 👌
J. Paul Getty used to say about his expensive 'toys': 'if you have to ask the price, you can't afford it'. No one that can afford super-cars really cares about its MPG or cost. If they were prudent like you or I, they'd buy a Camry, Accord or even a Corvette. But some people who have it, like to flaunt it. And, sometimes, let's be open: we're just envious.
True words
People buying these cars wouldn't bother the depreciation value
I'm going to look at a used Camaro ZL1 in a couple of years. On the rest of these 100k+ cars I really doubt that the owners are too concerned. Stupid list
it's very ironic that he uses the word "stupid"; trust me, lots of people love to be that "stupid"
For many of these cars, depreciation is actually part of a business expense and business tax write-off. The rich know how to make money work for them even when it's losing money.
Jeff, when are you gonna do videos like you used to do? We miss them.
I simply want a car that can go from zero to sixty in one second. It must have Rolls Royce luxury and can be fixed by a backyard mechanic and it gets around two hundred miles per gallon and has a ton speed of 400 mph and can fly through space at just under the speed of light.
ZL1 depreciates at 69 percent
Everyone: nice
Lmaoo This person must love all these cars but can’t afford them lmao
The New g63 is a totally different car smh.
For the camaro zl1 you're way off. The ss 2017 is like 35k and the zl1 2017 60k
That's the truth. My 2017 ZL1 is worth at least $60K, that's still only ninety -five bucks a horse.
The “Corvette Z06” you show at time counter 8:44, isn’t a “Z06” Mr car expert. It’s a ZR1. And they have exploded upward in value. Just so you know Mr Car Guru.😉👍🏼
I’m in the car business. You lost me at the Camaro zl1. Also, the F150 Raptor has one of the highest resale values in the industry. Nice try though.
I love the part that he requests us which is the bad and good car
Valid point
Am I the only one who finds his voice super annoying?
No
yes
you forgot to mention maserati
The people who can afford these have a lot of disposable income. Getting to that point would have taken a lot of hard work, persistence, dedication & intelligence. Certainly they're not stupid. They buy these cars because they can, not giving a thought about the resale price later on. They could care less about depreciation.
A ZL-1 Camaro has a 69% depreciation after three years?!? Put the crack pipe down. Those cars are reselling for nearly their original sticker because of the new-car shortage.
And GM is discontinuing the Camaro in '24, so the value will continue to climb
I agree with your general premise but there are people rich enough to collect cars the way most might collect stamps or pennies. For them the impact on their budget is minimal.
Beyond that you are helping to employ a bunch of people so go for it if you are flush with money.
You must not have a car and ride a bike everywhere. You know damn well if you had the money you would buy one of these cars
This is one of the problems we face after RUclips deleted the downvotes
I'm happy almost all the comments dibt agree with the bashing. We don't buy a new car expecting to gain value. We but it cuase we like it and want it.
And you're calling yourself a car enthusiast
A vehicle is not an investment. All new vehicles depreciate. If i am able to buy any of those cars depreciation is irrelevent because money is no object.
I've never seen anybody complain over nice cars
Do you do research before making videos, the G wagon has gone up in value.
As someone who owns a Mercedes CL550 (the predecessor car to the S550 that you mentioned), I can tell you that owning this automotive miracle is well worth the ~$1k/month hit in depreciation, which is the result of an uneducated used car buyer market - NOT a dumb decision on the part of the person who puts down $130k on this amazing machine. Here's the deal, buddy, ... stupid people don't buy a Mercedes because it takes more intellectual horsepower to be successful enough to afford a car of this stature than an envious simpleton like you possesses ... and clearly, you'll never be able to afford such a pleasure that turning the key to this automotive masterpiece provides. You should find something more productive to do with your time than criticizing the car of choice for those that are more successful than you will ever be.
Apt, apt analysis
Wow....kewl review....guess I'll be keeping my DB9🥃🥃
big ass red captions just cracked me up... "59% $ LOSS!!!!"
The thing I don’t get about ANY car appreciating (especially super cars) is that people usually thrash on (high hp) cars and generally abuse them.And as far as the lambos,Ferrari’s etc,the build quality is horrible on them.Yet most used “super cars are sold almost as new or in some cases more than the original price paid and it’s mind boggling.
The build quality is good actually
@@onikai7055 Definitely depends on the manufacturer
Koenigsegg, yes. Ferrari, ehhhhhh
The thing is, the target market for these cars enjoy spending money. And they usually have a lot of it. It really doesn't matter for them if it depreciates in value. The stupid ones are those who can't afford these cars but still trying to buy them😅😅😅
Dude was whippin the shit outta that blue Raptor.
i have never had a woman say ,"i won't get in your car because it's depreciating".
Yup, this info is dated. While I picked up my C7 Vette @ 5 years old and and about 60% of original sticker, the crazy COVID used car market and Vettes in particular actually saw mine INCREASE in value. The dealer I purchased it from offered me $11,000 more than I paid them for it several years ago. Will I sell it? Hell no, what would I replace it with??? Besides, it's a badass sumbitch 😁
It’s never stupid to buy the car you want provided you can afford it.
The only people that say buying a 200,000$ car is stupid because of depreciation are the people who can't afford a 200,000$ car...
High depreciation cars can represent a great used car option. In my early work years I drove big GM luxury land cruisers that were just off a two year company car lease. Being corporate executive fleet cars, they were very well maintained, but sunk in value like a rock.
I'd then drive them into the ground paying little for great transportation. Money saved went into an appreciating asset, my house.
Man this did not age well, half these cars are bringing big money thanks to the wild car market. Specifically the chevys, lambo, raptor, and g wagon.
Stupid people also hoard wealth (while living as a miser) until the final years of their life. That is arguably way worse than enjoying a very fun depreciating asset.
I guess he doesn't understand why vehicles depreciate, and why some more than other's!
These cars are for people who have money to throw away and want to show everyone that very fact.
The common and correct way to talk about depreciation is by comparing the % that the car loses. Of course, more expensive cars are going to lose bigger amounts. 10% of $30K is $3K while that same 10% of $300K is $30K, meaning both cars depreciate at the same rate.
I own a 2017 Raptor, paid around 70k for it and can sell it today for 60 or more.
ye no one buys these cars for making money they buy them for luxury comfort,fun and what not
I could argue that a dumb purchase can be any overpriced toyota, just because they are bulletproof doesn’t mean i should spend 60% over actual value because of a toyota tax.
Smart people don't buy these cars they lease them. And with a good accountant they find some way to get a write-off. Steve Jobs used to lease a new BMWs for 6 months.
Everyone should wait until you have a net worth of 1 million b4 turning 100k into $48K. That is ideal bc you can afford to lose the value. If you don’t one could argue you’re not good with money or dumb. However, it’s your money, your choice and your life. In closing - EVERYONE leases vehicles- even car payment people and cash buyers. It is simple math: (Purchase price + all associated costs of ownership) - (value at the time you sell) divided by time of possession/ownership in months. That is your monthly “lease” or rental cost. When you do the math sometimes the car owns you. The status cars tend to have high insurance, gas, maintenance, repairs, detailing and registration costs and many prove very expensive to repair without warranty which trashes value and increases your ‘lease’ per month cost. If you do it right, you can make the ‘lease’ cost per month reasonable. But hey- it’s each person’s choice to do whatever they want.
One last thing, if your on avg mo cost to possess/use a car is 1200/mo from age 30-60 and always trade up and spend $1200/mo on car you better be investing well in other areas. if u cut that in half and invest $600/mo (not counting 401k) into a great index fund for 30 yrs thats at least a couple million in addition to 401k, home equity etc. But alas, we don’t see that enough but rather broke 60 yr olds with a mortgage and an $800/mo lease and working until they die. All hat, no cattle.
Buying like a five year old f150 is a brilliant purchase actually because you will be able to sell if needed. I buy cars to drive, not sell so if they’re reliable, that’s all that matter.
Lists a z06 but showed a zR1 and the cover is a C8. I’m dubious!
4 years? Try forever. The cars they want you to buy go to $0. Lots of cars, the ones they discourage, go up.
So you mean to tell me that 7-year-old used cars actually cost less than brand new cars? Mind blown!
In that case i wish i was stupid to afford these car …
Hmmm... So the C8 Corvette ISNT on the list.
You’re lucky RUclips removed the dislikes count.
I laughed every time a sale man tells me.. when you buy a new car it’s a big Investment. I will be like are you a fucking fool or you really think that I’m a fool
people who buy these cars are not dumb, they're rich. there's some difference.
It's almost like rich people don't see cars as investments and usually buy them for bragging rights or going fast