My Worst Financial Mistake buying a Panamera from Copart!
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- Опубликовано: 7 сен 2024
- Every car I get for myself is always from Copart. I got no problem with them. However, this time I was careless a bit and ended up overpaying. This Panamera from Copart got repaired back to spec and became my worst financial mistake of my life. When you are looking for a car on Copart be careful not to make the same mistake I made! Thanks for watching and stay tuned for my 240sx build!
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We are now rebuilding a 2017 Toyota Camry, check it out!
4wheelfunBros how’s the reliability I’m thinking bout one.
You still got the panamera
Worst mistake is dat shirt
😂😂😂😂😂😂😂😂😁😁😁😁
😂🤣😂🤣😂🤣
Rob Hrytsak And his hair
Ha ha ha ha ha
Worst mistake is the little microphone. Great job man enjoy it.
34,000 total and you drive a Porsche Panamera salvage that you fix with your own money. You must be proud because I'm.
i like this guy,straight up humble guy!! admit his mistakes,and i love the fact he restored the car to standard!!!
Thank you and glad you liked the vid! Not here to flex just been a car guy ever since them diaper days
make it worth it! go on a trip,make a video!!
this is guy is real man! showing us real world mistakes,in a humble way!!! he like good car,not to flex but enjoy it! keep it real @4wheelfunbros
And then you have asshole trolls who like to scream "loser" at anyone who admits their financial mistakes. With that being said, I do think he should keep it a few years.
This is how a young man learns. It happens to everyone who takes chances. The future returns from wise decisions will wipe this loss out several times.
I lost a lot of money,learn from mistakes if I hadn't make those mistakes wouldn't be where I am today personal experience
You made a commitment to repair this valuable vehicle. You have intimate knowlege of this car and it is a keeper. No, you did not waste your funds, this learning experience is worth every dollar you spend on this rolling art. We all dream, you made it happen. Thanks for sharing this with us.
Thank you sir! Just working hard and living a day at a time.
I feel you are a bit hard on your self , the car looks really nice and you should keep it for a while and enjoy it to justify the amount you paid .. there is nothing wrong with owning a salvaged vehicle if u do it right 👍🏻 .. i only wished it was a turbo but overall its a good purchase dont worry ..
Thank you for the kind words. However, I will not being enjoying it any longer as I just sold the Panamera! I drove it for a year and made plenty good memories, but now its time I go back on the market again for something with more power :)
4wheelfunBros agree with u completely, hope you didnt lose a lot.
4wheelfunBros how much did u sell it for?
Without turbo there still FAST and QUICK...
MERCEDESBENZS600 S500 no my buddy had also the non-Turbo panamera and it was rly Not so fast and had many issues with gearbox and so on..and the sound is even with straight pipe shitty
I enjoyed your video and I appreciate your honesty. It takes a lot of guts to admit your mistakes. Lots of guys doing the Copart thing and they all try to make it look easy. Everyone wants to make videos of how much profit they make and how smart they are, but you rarely see videos of people being honest about the real costs of repairing a vehicle. On the bright side, you have a really nice car that's been fixed right and should last a long time. There's no shame in that. Good luck !
Im glad you enjoyed the video! At first I didnt want to make this video, but thought why not? Its a big thing that happened in my life so why not tell others and maybe help someone make the correct decision. It definitely is not easy and you have to be detail oriented to get that right car for a good price. Take care!
Dude, you rock.! Awesome results. Money comes and goes, but the life experience is priceless.
The book might say salvage, but the car looks nothing like that. In actuality, that car looks brand new. I made same type of mistake. However, unlike you, the fixing was crappy and it still hurts till this day. I have an advice for you: enjoy your car until the tires literally fall off. Don't sell it; I believe you'd regret it in the end if you did away with it. Don't let a buyer enjoy the fruits of your labor. Beautiful, beautiful car you've got there bro!
^solid advice right here.
Amen to that!
Great advice! Some don’t understand the logic of buying a salvage car!
Sounds like you are pretty damn sure that panamera will drive like toyota camry till 200k with some maintenance items. I bet people are only getting rid of used porsches because they have money and just want newer one???? Guys, used porsches out of warranties are a great deal!! SMH
Awyatt Mann not in all cases! I know some that are able to sell the cars overseas and even locally for more than what they paid because of how great the outcome of fixing the vehicle was. For the most part I’ll say it’s better to just buy it to keep it not try to sell it. You will enjoy the beauty of some cars for a much lower cost 🍉
Thanks for your brutal honesty. We appreciate that as a whole.
you didn’t lose by one bid. the other person could have bid for thousands more
Yeah his English is horrible
You apparently dont know how a copart auction works
ruststar full stop.
Yeah it was funny when I heard him say that. He would of been out bid by more still.
Agreed. If you are bidding against just one other person and you end up losing it will always appear as though you lost by just 1 bid. He’s looking at it wrong.
Great video man! $34k is not the end of the world. A great lesson for all of us. Thanks for sharing. Now go buy your Dad a beer and share some laughs.
unless you don't have 34k
@@ImAChristianFirst he means we can live without 34k easily but not a show stopper so don t need to have one
For a salvage vehicle it looks damn good 👍
Mcgyver B agree
Agreed
Salvage Title vehicles don't hold value with insurance companies you need every receipt for a salvage vehicle. He been better off buying the clear title at least he could take it to a dealership for a trade in.
G NEWS I agree with your sayings, but the stralership will rape him harder than co part did, he should just keep it, and drive out his money’s worth, any other options than that, he will end taking more loses, at least he’s the owner of a nice model porch without a monthly car payment, nowadays the stealership organization are a mafia waiting to butcher any customer on sight, anyone buying 2018 models good luck after warranty run out, if you’re not a millionaire, you’re wallet is up for assassination.
They always do
Not a mistake but a learning experience.You can always take something positive from it.
Sorry to hear this but you do have a cool ride. I've bought two from Copart here in SA and i totally get the frenzy purchase. I made a rule of having an excel spreedsheet and I have 4 to 5 vehicles on the sheet with my max bid in one column and next to it the total fees and next to that the total cost. My final column is what percentage of the total costs are fees. Not uncommon to get out bid on all of them but I then shut down the app after that to avoid the frenzy bidding/buying. Other thing i have is the time to bid on the cars. I'm finding the quicker the car comes up the better shot I have. Also thanks for your honesty.
If you don't learn from others mistakes, then you have to learn from your own and I just thought id be honest. Yup, thats exactly what happened unfortunately.
We all Learn from our mistakes..
It’s a beautiful car you have right there men enjoy it 👍🏼
Thank you and cant agree more!
i dont see a loss,i own a 4s and i truly love this car,i drive it everyday,hey the car looks great,and now you know alot more about these cars for next time,cant put a price on learning,enjoy brother
I've bought cars, BUT I can say I've NEVER PLAYED THEM AND I DON'T EVEN KNOW WHAT THE HELL THAT MEANS
Nice job repairing it ! Car looks great. You should be proud of the job you did. Drive and enjoy it.
Respect for sharing. I don’t think you made a huge mistake. You have a nice car, you enjoy driving it and that counts for something. You will learn from this and you won’t make the same mistake again. You did a great job fixing it so you should be proud!
This illustrates why high end , complicated cars of today will never be worth fixing. That is also why their values fall rapidly after 3-4 years-buyers know that a single problem can wind up costing thousand$$ to fix. Add to that the difficulty of working on them 9engine compartment packed to the max); i can see why no one wants them.
At the same time, imagine a salvaged high end older car. Now compare that to the same car with a clean title. Most likely all the warranties are out for that clean title car, so when you go out to buy it, why not go get that same car from an auction? You will save some cash say for those future repairs. I understand this is not for everybody though and also this project of mine was how not to do it lol All in all, I agree with you that these high end cars loose value and the only ones that hold or gain value are those rare older sport coupes.
If that is the biggest mistake you ever make in life you're coming out a winner. I've lost more money than that before getting out of bed.
That sucks! Money is not the only thing in life that matters anyways, just gotta keep working hard!
Dude, at the end of the day, as long as you're happy with it and you drive it, it will never be your biggest mistake. Trust me, you'll make a lot more mistakes, possibly even bigger than this purchase. Money comes and goes but happiness stays forever. So, just enjoy it because you can always make a buck. Good luck.
you still have a damn nice car there, dont feel bad about it,
You probably learnt a lot from this and it tuned out to be a great looking car, man. So congratulations to you!
Thanks for sharing your experience.
Thank you for being humble and honest.
My Man...You should be happy you were able to get a salvage luxury brand car with front end damage to run properly.
A sunken cost is a sunken cost...no point crying over spilled milk.. Enjoy the car. it looks good.
You live and you learn man. Still a good car and a good video.
It is not a mistake if you learned from it, that is what I say. The result is a beautiful looking car, so that is something to remember.
my brother in law told me 45 years ago learn from others mistakes life is to short to create your own mistakes .
good job make more video with this car
It happens bro, same thing happened to me getting a copart car. Learn from the losses and grab another car. Great job
In Bulgaria, such damage is considered "a scratch" and say to yourself "my local mechanic can fix it in about a week, good as new, no problem". Or you'll do it, we like repairing everything ourselves :D
You should make copart rebuild videos. Would of loved watching this car being rebuilt..
Phillip Wright My bros 335 on our channel has more videos of process and my next car I get will definitely have more details of the rebuild!
just bought a salvage 2014 Porsche Panamera 47k miles. with 5 bullet holes in the body for $21k out the door from Copart. Crossing my fingers the bullet didn't hit any major component. Nice ride btw. You live and learn.
I would buy cars like these and just rent them out and drive them whenever.
When I see a car with front end damage that extends to the hood, then it's fairly safe to conclude the radiator is damaged.
It looks great. Now you have a nice car. You learned something along the way and most cars depreciate anyway. Enjoy it
🔥🔥🔥🔥🔥 …… Don’t beat yourself up like that bro! that car looks like it’s in pristine shape and you did an awesome job of putting it back together. ✅ Drive it have fun in it and appreciate it, on the other side of the coin I wouldn’t sell it I would just keep it. 👏🏻👏🏻👏🏻👏🏻⭐️
Thank u for ur honesty u seem like a good dude.. u took an L.. but the hustle don’t stop.. keep that and keep upgrading Brodie!
If you were planning on driving the car, you did ok. The car looks great
Thank you!
@@4wheelfunbros I put more than it was worth in a mercedes coupe, but it was so nice low miles and like new it was worth it to me.
Live n learn! Its all good, you still did a great job.
You spent a little too much but you still have a pretty clean panamera. Enjoy the driving and good luck with your next project.
34k is not a loss. there are million of students who borrow money to go to school over 60k, some graduate some don't.Some people have degrees that they don't use. Some have degrees that they have never worked in the school you went for. You have a nice car thats gonna last you 10 years and you will still be balling in the porche. enjoy the Panamera !
Allan Nzoya Facts.
Completely clean car never any issues, still has warranty, brake pads/rotors only got 9k miles on it, fresh oil change done, Upgraded Michelin pilot sport 4s tires on it that only have 5k miles on them, comes with window tint, taillight tint, side market tint, all the mats. Everything else is stock now, new air filters, looking for around 54k .. if you want a really fast car that can go well over 200 mph let me know. I'm in texas
what car you talking about??
obviously not a v6 panamera :D
Adolf Hitler Charger hellcat lol. See my post right below
It’s all about the process and journey my g
I was gonna do the same thing with a repair shop. The guy found a white 2012 panamara with front end damage, 40k miles and said the work would take about 2-3 months to fix. 6 months later, after it STILL wasn’t done and the guy was very unprofessional, I walked away from the deal. He was selling the car altogether for 21k, financing it for around 30k. I found a guy selling his on Facebook for 20k with 80k miles. It’s a gray which makes the car look VERY nice. I paid cash for it and loved my decision.
I love the car, period. Everybody thinks it’s a brand new panamara and it gets a lot of attention. Trust me bro, you did not make a mistake. I’m keeping mines because I plan on getting the Taycan in a few years and the panamara will be my first Porsche. I had it checked out at the dealer and I love the Porsche “lifestyle”.
She still looks amazing bro
this is life, my man. you should be proud of yourself, this is a nice job putting this thing back together. tbh, the only way people make money with salvage cars is cutting corners.
you didn't because it's your car. but to all those keyboard bosses out there, especially big cars can cost you an arm and a leg to be put back on the road. even if its back together it's still a salvage vehicle and has honestly no resale value
Much respect for understanding!
yes I understand, used to work in a Porsche dealership not far from you in Marin county Bay Area. Its sickening how much money it takes to keep these things running
beautiful car I would keep it and enjoy it
Respect sir. Most wouldn't be upfront about a situation like this. Your car looks damn good, enjoy it!
Made a couple vids about some problems I ran into with this Panamera and there I promised Id give yall the final price once I was finished. It may not have been the deal I wanted, but thought Id share anyways. Also, didnt think this video would blow up this much but since it did hopefully at least it helped a couple people out there. I enjoyed it for about a year but recently sold it! Thanks!
@@4wheelfunbros what you sell for
You will take another L for holding the microphone the whole video instead of clip it on your blouse !! Lol just joking...keep the car...it looks nice !!
haha Im surprised nobody said anything about it but yeah its a cheap mic cuz lost all my cash on this thing! jk but i do need to upgrade mic to a real brand!
Hahaha! "Blouse"..
4wheelfunBros The mic is ok !! You just need to click it on you shirt, instead of holding it. 😅👌🏼
Massey Forbusiness 🤫😂
sidehatch69 - Just kidding !! 😂
At least you are honest! My friend has a panamera on lease. It’s a money pit to,say the least.
I am in the market for a 911s.
Yeah I doubt I’ll ever have another one again but a 911 I definitely wouldn’t mind!
@@4wheelfunbros I do like the look of the new shape but it’s not a “true” Porsche in my view. Just like all these models like the Macan, cayenne, 718 cayman and boxster.
Porsche made these other models to gain some market shares in those markets I guess, but for me, although I have to say are for the large part amazing vehicles. I just could not own one. 911 whether it’s a 911, 911s, any of the GTS, GTRs and turbos are really true Porsches in my view. It just so happens that all the 911s hold their value extremely well, relatively speaking anyway. Aston Martin comes to mind. Dam, those things look massive but when you sit in the thing and drive it I have to,say it’s disappointing for me at Least. I sit in the 911 and although the car is quite compact it felt quite comfortable and extremely exhilarating to drive. I will be turning 50 in November. I am going down to Porsche on Thursday to put my order in. Apparently it takes 18 months to 2 years for a 911. I was told 6 months for a 718 cayman which could possibly interest me. The same for the 718 boxster too. There is no way I would drive a boxster though. That’s just me. Everyone is different!
I mean, who in their right minds buys a cayenne turbo. It’s laughable.😄
We all make mistakes body don't worry about it
.....DOING YOUR PART TO CREATE HIGH PAYING JOBS ...THANK YOU FOR SPREADING THE WEALTH !!
Are you serious 34k I don't even think they sale for that much I just got a clean car fax panarama from Copart for 16k for shipping and fees it had a mechanical damage sorry what happened
moe bak yeah got it before the new model came out and you know how that story ends when you got the “older” one.. make some videos about it!
Nice car young man I'm in the UK and buy some salvage from copart here. Remember there are three people bidding for the car you me and copart
! If it don't make what they want they just keep entering it back at auction. One final thing. Set a budget and stick to it. Good luck
Yep, that’s what I do all the time except in this situation! But that’s exactly what you gotta do with these salvaged cars. Good pointers!
What year is it?! 34k is cheap for that car? I know it’s 100k brand new
30k is what theyre going for now.
demikpre what year?
Pheezy420 REEFER 2013
Too much
I
I have the Turbo model. Same color. Great car. Fun to drive and gets compliments like crazy which isn't important but it is a bonus. I have no intentions of selling it. But there's a huge penalty for that. I would pass it to my son if it last long enough but this means at some point it won't be worth nowhere what it is today. 147k sticker price and its already worth $105k less than when new. Depreciation has slowed down some but still loses value of at least $1000 a year no matter how good you take care of it. Options: Either sell it within 2 or 3 years or take a loss. Or choose to keep it until the maintenance become higher than the value of the car. For example: If I ever have to replace the Twin Turbo V8 engine say like after 18 years or 200k miles, that would cost about 60K new. The car wouldn't even be worth 1/3 of that. Maybe 20k for a used motor but even if I was rich it wont be worth it. Better to junk it, buy another Panamera (or put a Chevy motor in it and that sucks) but that's the reality of not selling your exotic, racking up the miles and loving your car too much to let it go.
Oh my! For the size of the car its relatively light and with a turbo v8 that thing must pull!! I had the 6 cyl obviously and it had plenty of power for city driving and even cruising on highways. I did sell mine and decided to take the loss since I want something else, just dont know whats in store. Yep, cars are metal at the end of the day and dont hold value like say a house but the turbo Panamera will always be a classic. I know it will never look "ugly" so might as well keep it/drive it! Thanks!
Biggest Mistake people make when they get in car business they trying to look good with out making much money but driving nice car but dont have much money in their pocket...I been in car business for 8 years right now have over 110 cars in inventory but never was chasing nice cars just to drive them..I had it all Porshes,X6,M5 etc but always wanna make sure its a good deal..You will learn as you go...Salvage Cars takes to much time to get ready for sale never was in it....Everyone makes mistakes but not everyone learn from it..Hope you did
Alexey Antonov yep, definitely learned my mistake and only happened this time but that’s all it takes haha.. I’m not flipping cars just enjoy driving them so stay tuned for the 240sx build!
we all trip up like that lol, with these cars only buy them if you have the parts already, and you gotta ride them for a quick bit and sale them. cant hold on too long or your profit will disappear as the face lifts and new bodys come out.
Hi there Alex, besides what he said in the video ,do you recommend buying cars from Copart..I actually Wana buy something nicr for myself n fix it
I wouldn't recommend buy from Copart Unless you can go personally and inspect vehicle..Biggest problem when you looking car for yourself that you dont wanna take your time and wait for good deal because you so ready to buy it and drive it so you would pay more then you would other wise...Just take you time and Make sure get a good deal so when you ready to sell it hope you wont lose much if anything...Also very important what seller are you buying from!!!! i only buy from Big Franchise dealerships ..Good Luck
It depends. 34k isn’t a total bust. It’s a great price to end up with a solid Porsche. The backend value on a salvaged title vehicle is only a downside on the backend. So enjoy that shit lol
k was he really surprised he had to replace radiator, condenser, dryer etc. i looked at pic n in 2 seconds i knew it had to be replaced! was he expecting a porsche to b a cheap fix? lmao
Hendawg lmao fr man
It's a great and beautiful car. Drive it and enjoy it and don't worry about it. You'll have more profitable repair and flip cars in the future.
Thank you!
Keep it!
And that is reason why kids I don’t buy salvage cars and stay away from them. I only stick to clean title because I know if the car has allot to fix but as long as everything get fixes I know nothing will be wrong with it. I don’t want to rebuild a salvage car it cost time,money, and allot of things. I give you credit for admitting mistakes .
WTF does " I play a car" mean?
big burt he likes to play with cars.
This guy got some dumb lingo lol
I believe its stands for bit on car
It means to bid on the car at auction
big burt I thought that was what he meant, it sounds funny. Never heard that slang before.
Hes a foreigner
Thanks for your honesty bud. Im sure you've helped out others from making this same mistake.
No problemo.. some people learn from others mistakes and some learn from their own. Hopefully I helped those that learned from mine haha
luxury car always loss huge value no matter ig clean or salavge.... well ppl pay high $$$ for turbo or turbo S .. not regular v6 !
twana daily vlog That’s true but depends like you mentioned. If it was a turbo for the same price then that would be ideal. The main thing is getting the car with the right options/color way for the right price!
Yeah it's the same in the uk, the only ones that are OK for the money are turbos and diesels as fuel is so expensive over here.
wow it's not even a v8?
for 34k USD you took the fattest L possible :DDDDDDDDDDDDDD
in canada non salvage panamera v8's cost 35-45k depending on kms and spec :DDDDD
Didn't expect the radiator to be bad? The whole front was done. Looks good now though, congrats!
Beautiful
Don't be upset or sorry. This is just business, you are always a winner but sometimes.....
Stay blessed!!!!
Thank you!
Plan A: Get married
Plan B: Get 911
I like that plan but dont know if that will happen with the plan b haha
Live and learn. Don’t beat yourself up, it was a great lesson and now you have your car. Don’t look back my friend!
Take it to other state that will clean the title insurance companies do it all the time. Were you can get full price to sell it
Jamie Collins wants its a salvage title that’s it, you can’t make a salvage title a clean title ever, unless you send it over seas
no not true, you can wash the title . ill leave it at that
Once a salvage always a salvage. Im a dealer and its a waste to buy a salvaged car unless there is little wrong and you plan on keeping
It's not legal, but it happens all the time through title agency incompetence and a little effort and knowledge from the title owner who wants it to happen. One of the worst states known to do this is Pennsylvania.
Wrong...I used to be a dealer also...There are states where they can wash title. I got burned by this once. I didn't check Autocheck and when I did it showed previous salvage
You 100% right, I bought a junk car today from copart, I learned my lesson
For a non turbo??
yes, non turbo version. turbos are about almost double the cost of this one from factory
a v6 black on black female driven panamera is 34k USD for you??
in canada a v8 panamera is 35-45k depending on spec and kms
looks really good for a salvage. Just keep it it looks great
it cost u $34,000 grand, dam contact me I could got one for u at manheim with o damage and a clean title
Conyer, what's your contact?
you got an email?
TOPELITEAUTO@GMAIL
I can get the same car at Manheim will no damage and a clean. Ontime518@gmail.com spend all that money on salvage, when theres car go for $34k to 40k clean
@@topeliteautosale7658 my brothers Panemera cost 28k down here in texas9dallas) ..its parked and he is in federal prison now smh
Beautiful car looks great thank you for your content. Clear and to the point. You'll make your money back on the next one 🙏
Thank you!
As long as you learn from your mistakes and don’t keep making them haha
Next man trash...is a next man treasure#YouGoodBroRelax
Mike Jones damn mike jones you’re an alright dude. straight positive.
hatcher2262 thxz hatcher...👍
I know this feeling very well but if its not for our mistakes we could never learn and elevate to the next stage we live and learn
If you losing these by 1 bid you must've been bidding quite high in the first place bro. Think you need to rethink your auction strats
Yeah, it was all my mistake and just simply bidding to high.
hey
can you please post me some link to auction strats or explain it over my email: lavandin2828@gmail.com
thank you
It may be the worst financial mistake but just look at that car it’s beautiful it was all worth it bro drive it like it’s ur one and only
Damn bro. Kinda’ sucks but I agree with others here: The car looks amazing and you should enjoy it for as long as you can. I’m sure the whole process was fun too, no? Go pick up some chicks, get laid and get on with your life son. 👊
Very stand up guy. Car looks great! Enjoy it.
Thanks!
ruclips.net/video/5Df-kJM3xIE/видео.html
Update: Just picked up a 1997 BMW M3 Sedan for my new project!
Clean bro. Sick ass whip. You learned my guy.
Even though it cost loads, it looks great! I’ve just bought a vehicle on Copart UK, still waiting for it to come after 2 weeks 😐
34k? Holy shit. Sorry to hear that bro. Take it from me who lost over 400k trading markets because of a role mistake just learn from your mistakes and keep pushing.
I enjoyed the vid. God bless you for what you went through, and hope your Porche holds up well,
Newbie dealer, thank you so much!! So helpful. I've already paid my dummy tax 🤪... smh lol.
Honestly is everything bro I salute your courage
Not gonna lie car looks clean af, even tho u overpaid . Lesson learned and enjoy your car while ur at it
Thanks! I tried to fix everything wrong with it and it turned out pretty nice
Duuuude...??? I would never. And yes,totally appreciate your honesty.
I know! The only car where I messed up, but it only takes one. Glad you enjoyed!
Man you actually did good ive seen some real screw ups especially with the foreign cars . I had a savage title corvette that turned out great me personally I would enjoy the car it looks nice .
Good honest vid dude.Dont beat yourself.You saw it thru which shows you have balls.The car is real nice so enjoy it.You learn from mistakes.
You still did a beautiful job, man. The car looks great.
WILSON! Thank you!
Not so bad. Car looks new. Keep it and Enjoy it. All car purchases are losing propositions from a financial standpoint. They all lose value. Don't waste money in cars when young. Buy a reliable used car and keep it for 10 years. Use the money that you would have wasted and invest in mutual funds instead. When you are in your 40's, you'll have over 1 million put away. Then you can splurge and get an expensive car.
Had same situations, got mercedes w221 a got screwed up. Count $ for fix before buy. This mistakes makes us smarter
I agree 100%! Sometimes you gotta learn on your own mistakes..
You did a fantastic job restoring the car. It looks brand new. Someone will buy it and you should be able to recoup your money.
u went to school,school isn't cheap! Good luck young man and hang in there.