How Did I Afford My Cars?
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- Опубликовано: 28 май 2024
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Let's try another one of these informal, conversational videos! This week's topic covers how I was able to afford 3 of my dream cars last year, I had my 2023 Corvette Z06, a 2018 Audi R8 RWS and 2018 Shelby GT350R. None of this is intended to be official advice, simply sharing some of my experiences, how I have done it and talking about what I did to afford my specific cars!
I hope you guys enjoy these kinds of videos, if you do leave a comment below and I will defiantly work on filming more!
Follow me on IG and FB at @eddiex616 to see daily posts and updates!
Instagram: / eddiex616
Facebook: / eddiex616
#corvettez06 #audir8 #shelbygt350r 
Авто/Мото
You're doing what so many people want to have the balls to try out... quitting their full time gig in order to go all-in with self employment. Love it.
It’s definitely been a fun and interesting new challenge!!
I appreciate this type of casual, real talk style video, especially your transparency about your finances and decision making process. It adds a personal touch that's refreshing in a sea of RUclips creators just cranking out surface-level reviews. This video brought back memories of watching the video of you fly out to pick up your 350R during Covid. I seriously considered grabbing a new 350 around the same time but ultimately decided against it and have regretted ever since. Wishing you the best on your full-time RUclips journey!
love your cars, maybe an idea you could make a video on is having a daily and a sports car at the same time? how you manage that, what you look for, do you settle for something more comfy, luxurious, etc.
Cash down vs. negative equity is just a matter of whether you write that large check at the beginning or the end. Either way, the depreciation has to be paid.
Always nice to see the progress on your channel, keep it up mate.
I enjoyed this video way more than I was expecting! Great job!
Here supporting my guy, good content
i've been following you since your i8. I might have been in highschool/college then. Glad to see you are being your own boss fulltime. Last year I came across your BMW 8 series review and ended up picking one up myself. hope to have the freedom you have by 30!
Can you do a video breakdown of looking for cars that don't depreciate that much with the rolling into different car concept?
Great discussion. I’m of the mindset that you should have a 2 car garage (daily and special car). Put more money into the special car rather than spreading it out between multiple cars. I’d rather have a $300k car than 3 $100k cars for example
That’s always an interesting debate. There’s a limit to how many cars you have time to drive.
But I like having distinctly different experiences. Mid-engined DCT vs manual Front engine RWD for example
@@EddieX would make for a great podcast topic. Would also love to see a segment on depreciated cars that make for great value. Like the 2018 Aston Martin Vantage can be had for like $75k
@@porscheguy5848great idea! It’s wild to me that they are cheaper than some of the AMG GT models
I wouldn’t. At a certain point you’re just paying for things that don’t impact the driving experience at all.
Eddie do a video on your diet and gym routine. I have noticed you are in a way better shape now
gay
@@jbdoingjbstuffI didn’t know working out and being healthy was gay now, man society has changed
I appreciate your honesty… I can definitely relate to some of your story.. but I have a $5000 mortgage, $2000 AMG car payment + other expenses + married with baby and dogs. In California, anything under $900K in a good neighborhood isn’t a good house… and this is average or alittle bit better average house. But if i keep my payments fixed for the next few years, I should be able to save more…
Wow, you are one brave man. I make $200k+, family of 4, home and rentals all paid off in the SF Bay Area. the most I have paid for a car is $52k recently in cash. I just can’t imagine a $2k car payment, plus insurance and gas, that’s at least $2.5k a month.
@@jml9550 I actually don’t pay much for insurance since I have family insurance and also I maintain good records, no points currently *knock on woods* but this is a V8 AMG, so ya $300-500 for gas a month sounds about right in California. I don’t live in SF but live around LA, and work remote so I save a lot from doing that.. but ya I have high payments on the car and house but I should get better in a few years once I’m done paying off the car.
@@arelaththewhitewolf230 just want to be clear I am not dissing you in any way. Hopefully you make a good income to afford a $5k mortgage. Personal if I were to have a $5k mortgage I better bring home $20k a month. Anyway best wishes man. Enjoy the AMG, my cousin had a GLS 63, what a beast.
I’ve gotta say this is one of the best videos for night routines I’ve seen so far
That does not look like anything remotely near Chicago! 😅 Where did you move to? Congrats on your success and getting out of here!
I live in Michigan but this was SoCal haha
What’s up Eddie!!!🙌🏾💯
Hey! 👋
Eddie, birds have legs for a reason. Sometimes their wings get tired 😂.
I’m at a point where I could technically afford fairly fun cars, but I can’t help but do the math for the opportunity cost and realize that any amount of money I’d put into a car (even just in terms of down payment and monthly payments) would yield a much better return invested in pretty much anything. Just not sure how to weigh the potential of later regret against the “YOLO” approach and enjoying some of the fruits of my labor.
Do you still have your A8?
Next year I want to see you vying against Shmee’s garage 😀
Ok that would take some pretty incredible growth haha. 😆
Good Job Man, I have seen you out here in Arizona several times driving your Z06. I was hoping you would review my Porsche but we never got to it. Keep up the great work man. I have a popular channel out here as well My issue is i will never financially succeed as my demographic is 45-65 and they dont log in or look at yourube everyday in order to succeed you have to have a younger demographic. Most my videos and other people doing content like myself wont ever make it longterm its been a proven fact over history. My content takes constant maps, Driving and such. I have spent 3K to get to 800 subs. I am not here to make money but it would be nice to have a lot more success even more so as i am now 43 and have stage 3C cancer and will never see the day of myself owning a 2014-2015 R8 V10 Spyder or a 2017-2019 R8 V10 Spyder. I want to trade my Porsche and get a 14-15 R8 but i lost my job last year due to $ovid (Commercial Real Estate) I have since than applied for 140+ jobs and nothing. I had a channel from 06-12 That had 76K subs and i did pretty well off and on. I would be grateful to just get to 1K subs as im monetized on YT for everything but $$
I have worked 40 years with a W2 income as you say. Like you I went to a good university, Purdue with a technical degree. I have worked 40 years now and still work. I now own three homes outright, condo on beach and two homes in Atlanta, and 2 million in 401k, 600k in pernsion and 5 cars and 100,000k cash in bank. And more in Roth. Let me tell y our kiddies a secret, it is called compounding interest. Over time that 401k or Roth builds amd you can afford anything. In your younger days buy reliable, like Corolla. You will see the fruits of your labor later. That my friends, is secret to old world success 😁
Congrats you're old with a bunch of things and no youth to enjoy them
I just saw you on drive to survive, you're even more famous
Man after that weird late night restaurant Chinese food eating video, back to normal stuff 🙃
I worked.
Same
@@EddieX thats your answer
@@t3truedesignsobviously you would have to work in order to afford any car but he's just telling you what he did to afford certain types of car and his take on it num nuts
And got lucky.
@@cesarcampos39 this comment wasnt for you , mind your business. How do you call someone you dont know names? Are you 12? grow up and go troll somewhere else.
I like watching your vids. It’s good to see how far you have come with YT after leaving gay boi Parker. You’re self made. Parker had everything handed to him. Why people follow that guy is beyond me…
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It also helps if you're born into a well off family
True. But that’s not the situation being discussed here lol
Your content is cool. However, you need to slow down your cadence. You're rambling on like a run-on sentence.
Yeah, that’s always something I need to work on. My brain is just one big run on sentence 😅
How can any one go to Michigan and be engineer and then become you tube guy. This is unfortunately why country is going downhill. Engineering and medicine are the best fields to be in.
How are you gonna hate on another person for doing what they want to do with their own life and better themselves? Maybe because nobody wants to work the usual 9 to 5 anymore and be a slave their entire life making nothing and having nothing nice. You can’t blame self-employment for the country’s decline. That sounds really ignorant. This country is going downhill because of people that want the complete opposite of this. The men in suits want total control over your life. Entrepreneurship is the only way to go if you want anything in life. You work for you and nobody else on your own time and make as much as you want to. Freedom equals happiness. Financial freedom equals freedom.
Ok the video was good but little critiques; it look 2:30 to long to start the video and also the intro/ justification should of just been at the end of the video instead. Also the full video could of been done on the couch no need for an in car shot, it just feels repetitive. We have been seeing this shot/angle since the inception of car YT. Keep up the good work, just simple improvements now to make it great!!
I was way off, I thought it was OnlyFans!
😂🤣
Just make more money to pay for your hobbies
I just hope you change your mind later. Marriage and kids are the only thing that matters on your deathbed. Not that you had money for a couple mid cars every ten years.
Look at the happiness studies. It ain’t doing RUclips buying cars being single.
I mean I know it sounds like a dog. No way out of it. And I say that because I’ve been there man. I have millions. Cars. It gets pretty hollow when you run out of views and viewers. What always brings the happiness is that baby. Teenager. Talking to them on the phone as an adult. And meetups. That’s it man…. It’s close knit relationships you had to get through hard work. Fostering. Giving up. Sacrificing.
It’s not cars that depreciate. It’s not houses. Had a 5k sq door house. Was cleaning it daily. It’s not the Ferrari. Had one. It’s not money in the bank. Have it. It’s generic offspring
The short answer is by being young, having no kids/spouses, and be willing to give up on everything else in life to earn more, unless you have rich parents or an inheritance, or you got lucky in the crypto space.
I think it’s more about having a stable income to live off off and a side hustle to pay for the extra things in life ie cars.