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7-Year Car Loans Now Normal, Drive the Toyota Land Cruiser - Shift and Steer EP533
7-Year Car Loans Now Normal, Drive the Toyota Land Cruiser - Shift and Steer EP533
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About this episode
Exploring the rise of 7-year car loans, the hosts discuss the implications of longer financing terms and how they affect car ownership. They also share experiences with custom wheels and the challenges of building project cars. The episode features a review of the Toyota Land Cruiser, highlighting its hybrid system and off-road capabilities, while also touching on the automotive industry, including Cadillac's new F1 team and the legacy of Forest Lucas of Lucas Oil. The conversation is filled with personal anecdotes and insights into the automotive world.
Topics:
car loans
custom wheels
project cars
toyota land cruiser
hybrid vehicles
cadillac f1 team
forest lucas
automotive industry
Cars:
Acura NSX
AMC Pacer
Bugatti Veyron
Chevrolet C10
Chevrolet Chevelle
Chevrolet Volt
Ford F-150 Lightning
Ford GT
Ford Mustang
Lexus GX
Nissan GT-R
Porsche 911
Rolls-Royce Ghost
Rolls-Royce Phantom
Toyota Corolla
Toyota Land Cruiser
This is Shift and Steer, your quick-hit automotive news podcast.
On this episode #533:
• 7 Year Car Loans Now The Norm!
• Toyota Land Crusier Drive
• The Last GTR Rolls off Assembly
Let us know your thoughts about our shows; hit us up on Instagram @ShiftSteerMedia or [email protected].
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Technical
Too Afraid to Ask
Car
Ford F-150 Lightning
"...ve got my registration in the mail for my 95 Ford Lightning. You made wheels for that?"
Car
Chevrolet C10
"that would look like stock steelies, and he wanted to run the original hubcaps. Well, everybody goes, oh yeah, man, I see those dog dish hubcaps for C-10s and stuff all over the place."
Car
Ford Mustang
"... to change the wheel studs on the front of my red Mustang. So go ahead and just do that."
Car
Chevrolet Chevelle
"...rst things I ever did was put long studs in my 67 Chevelle. And back then I had no clue how to take an axle ..."
Car
Chevrolet Volt
"...rnard drove for a long time was just like a Chevy Volt because he would drive it into work, plug it in"
Car
Rolls-Royce Ghost
"...his. I don't know if he was in like a Rolls-Royce ghost or like a Rolls-Royce Phantom"
Car
Rolls-Royce Phantom
"...in like a Rolls-Royce ghost or like a Rolls-Royce Phantom or it was a Bugatti Veyron."
Car
Bugatti Veyron
"or like a Rolls-Royce Phantom or it was a Bugatti Veyron. It was, but he drove,"
Car
Toyota Corolla
"And you hear him walk out and they go, Corolla's here. And he goes, they always knows that when Corolla's there"
Car
Nissan Gtr
"...e to pay in California for insurance on that last GTR that they ever built. That Nissan GTR."
Car
Acura NSX
"... a high-performance hybrid a little like what the NSX was doing, but we're not sure yet. Well, I was th..."
Car
Ford Gt
"...u know, you might be talking about a, you know, a Ford GT or a GTD or, you know, something like a ZL-1 or s..."
Car
Toyota Land Cruiser
"...ell, we went up to Monterey car week. We took the Land Cruiser. I know you were interested in it"
Car
Porsche 911
"...e guys creeping in there and the Ford GTs and the 911s. Some guy, there's like the little dirt road"
Car
Lexus Gx
"If you want three row, you've got to get the Lexus GX version of this. If you want two row"
Car
American Pacers
"...fficial oil of the Dallas Cowboys, of the Indiana Pacers, the Indiana Fever, the Indiana Fuel, which is ho..."
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Every team, every topic, everywhere.
This is Belize.
Hey everybody, welcome.
We hit the red button.
That means we're live and recording.
This is Shifton Steer.
Welcome to the party pals.
Maddie, how are you?
I'm good.
Let's see.
I've got my registration in the mail for my 95 Ford Lightning.
You made wheels for that?
Yes.
We told the story before.
We scanned some wheels.
You borrow the set.
The guy hits me up.
The back drill.
He's a nice guy.
He's like, yeah, I lent those wheels, or lent a wheel to Brad to scan.
Every once in a while, I haven't done stuff with the truck in a while, but when I post
about the truck, people are like, oh, the wheels are awesome.
I got to get those wheels, and I was like, yeah, you think you do, but.
Till you see how much they cost.
Then I go, yeah.
They are a one-off set of wheels for a reason, my friend.
We can build them.
We can build them.
People call them.
They go, how much?
I go, well, they're a completely 3D machined wheel, which means they take three times longer
to build.
They take three times longer to polish, and then you've got the one-off caps and the
powder coat and everything like that.
You know what?
You want something cool?
It cost you.
I know it's a little weird, maybe even a little greedy on my part, but I'm like, I like having
the only set of wheels, but I would never want to get in your way of making any money,
so if somebody wants a wheel station, buy one.
Oh, we've sold 45 sets to Abu Dhabi.
Well, that's fine.
I never see them on social media.
They have a whole fleet of 95 light eggs.
They do.
They do.
They have Lamborghini motors in them.
The whole fleet of is worth $8,000.
The thing is, it is nice having the only set, but boy, I would like to sell some more,
but I understand.
They're pricey.
I mean, we do a lot of wheels.
We just did a set of wheels for a guy, Matt.
I think I told you about this.
I was building a 55 Chevy, and the shop that was doing it for him talked him into a chassis
underneath.
This guy basically just wanted a restored car that he could drive, and they talked
him into a chassis underneath so that it would drive more like a regular car, and
I thought, yeah, that's cool.
The problem was the chassis came, and it had the biggest, most massive brakes I have
ever seen.
This thing, I mean, I have six-piston bears all the way around on my cars, but these
were the giant calipers, 19-inch rotors, and just crazy, crazy stuff.
The guy never needed that, and so because of it, he wanted the car to look absolutely
stock, but drive nice, they're putting an LS in it so he can just drive it.
Well, he couldn't fit the stock steelies back on the car, so we had to build him some wheels
that would look like stock steelies, and he wanted to run the original hubcaps.
Well, everybody goes, oh yeah, man, I see those dog dish hubcaps for C-10s and stuff
all over the place.
No, no, no, no.
Dog dish hubcaps, they go over a lip on a stock steely wheel, and hubcaps go inside a lip, so
it's a whole different thing, and you can't just put the little clips on the wheel and
you call it a day.
So we had to figure that all out.
We did it.
Then he wanted them powder-coated to exactly match the car.
I go, well, the unfortunate thing is powder coats and paints don't have match codes,
so he sent them out to a body shop who charged him some stupid amount to match his paint and
paint his wheels, just so when you put the hubcaps on, they get scratched anyway, and
it's almost done now, and it does look really good, but the poor guy had to go through
all this and told him, I go, you probably have a one-off set of wheels because I don't
think I ever want to do another set because they were a pain in the ass, you know?
To get them, we thought we were going to be able to do them out of a forging.
We cut one, and the problem was you can only go so deep in a forging because it's only
so thick.
At a point, you cut so much aluminum away that it gets thin, and it's not structurally
safe.
So we had to do these out of solid billet, and so it just elevated.
He's got a $10,000 set of wheels on his car that look bone stock.
Yeah.
Look bone stock.
Yeah.
This one, I've seen a few builders go down this path, but not quite his scenario.
They went into this knowing this is going to be a $500,000 build, and spending $10,000
on wheels is almost necessary at that point.
But yeah, when this kind of snowballs, it would have been easier to change the brakes.
Oh, you know what?
We talked about that at one point.
Yeah, it would have been easier.
And I get it, the brakes and stuff look cool, but one, brakes that large are not necessary
for that car.
And two, by the time you design that wheel, you'll never see the brakes.
Well, not to mention, I told the builder, I go, you do realize you're going to have
to change the studs.
And he goes, what?
And I go, you got racing studs on this.
You ordered it with long racing studs.
These wheels are set up like a stock wheel.
They're as thin as we could get them.
And he goes, oh, yeah, you're right.
And I said, you can't put long studs.
You won't get the hubcaps on.
You know, and he goes, yeah, so now he's like, yeah, yeah, I got to change all that.
And I was thinking, and he'll build a customer, you know, he'll build a customer to change
about, buy new ones.
I got to change the wheel studs on the front of my red Mustang.
So go ahead and just do that.
Oh, yeah, I'll take care of that for you.
I remember this was when I was in high school.
One of the very first things I ever did was put long studs in my 67 Chevelle.
And back then I had no clue how to take an axle out or do anything like that.
So I was like, how do I do this?
I buy the studs from Moroso and I'm like, well, how the heck do I do this?
I guess I just, you know, because I didn't think about taking the rear end out, taking
the axles out, taking them to a machine shop, I haven't pressed in, right?
So I bought some open stud lug nuts and got to just muscle them and pressed them in myself
from the front side.
I pulled them in and just kept muscling that, man.
It took me forever and but I got them all in and they're into this day.
So I guess, you know, there's more than one way to skin a cat.
I got to redo the ones on the front of that car.
So I don't think the axles out.
So at least it's just a hub.
Yeah.
Come off.
That's a little bit.
Hubs a lot easier.
Yeah.
It's like, I ordered the studs and they were too long as we were rushing for SEMA, right?
The stud had like the end of the stud had like that, like the nipple on it, right?
So it can go on and thread nipple and if it's too long, the the the the lugs wouldn't
wouldn't seat.
And if I got longer lugs and they stick out of the wheel too far, right?
So all we could do quickly was just cut them all down and that screws up the threads and
then you can get the little drill bit like the cone that re does a little bit and it cuts
it down.
But the lugs don't go on that easy.
I think I can either replace the studs.
But before I do maybe get the tool that threads it and see if I can just thread the first
few threads of each stud with with that tool.
If it can cut it enough that the lugs will go on easily, then it'll then you're done.
Yeah.
But yeah, that's kind of I'll tell you something else that I did back in the high school
days.
I wanted to go to the drag strip and the drag strip said this is why I eventually
put in the long studs was because they said that you had to have studs that protruded out
past the end of the lug nut.
Yeah.
You go down the track because my car had nitrous and it was a certain speed and and I I was
like I gave it.
So I went, I went, oh, I got an idea.
So I got my open ended lug nuts, right?
Had them on all the wheels.
And I went and I did what you were saying, cut like about, you know, maybe three quarters
of an inch of old studs off of an old rear end and when inspection came up, they looked
at it and go, OK, got this long studs.
Hey, it worked, man.
That's worse.
That's worse because now you're only on half the threads.
The actual stud is like half the nut.
The other one is the right, right?
Yeah.
Yep.
But that's what you saw that problem.
That's what kids do.
That's what kids do.
Tell us a story where your wheels fell off in the middle of the drag race when you hit
that nitrous and I didn't didn't, man.
But the first time I did hit the nitrous, I'll tell you what did fall off my timing
chain.
The car went for about two seconds and then I hear and I timing chain went, sucked
a couple of valves and that's when my car got a new motor because the old one was
crash.
I'm trying to think.
I think that happened.
Wasn't the timing chain.
We took one of the Paul Newman cars out to Sonoma to film an episode of Jay
Reynolds Garage and it was like it was the one that was built in the U.K.
And then Adam did a couple laps, I think with Jay or something and made a bunch of
noise, didn't sound good, brought it in, and it's a dual overhead cam.
I was going to say that's probably a dual overhead cam.
Yeah.
And I want to say one of the gears, I guess the nut like backed off the gear and yeah.
So when that started moving, the belt came off.
I think it squished some valves, made a lot of noise.
It always ruined an episode of Jay Reynolds Garage because they didn't have another
car to drive.
Yeah, we had the we had the car there and I think Jay flew us there on his on his
private plane, but didn't fly us home.
Take the bus home.
Yeah.
You guys got a hitchhike home.
You ruined the whole production.
Yeah.
The cost, everything.
It was the one time they're like, we're going to go to the track and we're going to
film off site.
We're going to have a car shipped up here.
Yeah.
We're going to get on the PJ.
We're going to fly and we'll pick you guys up at the airport in Burbank or I
think it was Van Nuys actually.
And it all went to shit.
Sorry, Jay.
If Jay wasn't such a nice guy, I bet other production companies would be so mad
because, you know, because they're like, ah, it's ruining everything.
It's the timing.
We got to do a backup episode.
Like, what are we going to do?
And it was fine.
Hey, man, things can happen.
You know, I mean, hey, Jay's been through it.
How about the time they flipped the wheelstand car and Jay was in it?
Jay has had a couple of stints of bad luck with that with that show.
Flipping that car, which he wasn't driving.
Right.
He was on his motorcycle and he hit like a chain that was like blocking a parking lot
or something.
That could have been really, really, really bad.
And that hurt him.
And then recently kind of fell down that hill.
Yeah.
Yeah.
He's taken a few hits, but he keeps coming back and caught on fire.
That's right.
He caught on fire.
I forgot about it.
How did I forget about that?
Or Jay.
Yeah.
Or Jay.
It should be Jay Leno's stuntman.
He should do a special where it's just him wrecking Jay Leno's stunt series.
You know what I didn't like to do is just like this, not to get into the late night thing,
go down that rabbit hole, but like, I don't know, Colbert got let go from CBS, which
is on my paramount and whatever.
It's just like, that's the entertainment world.
People get jobs.
People lose jobs.
It's all freelance.
And then, you know, all the late night hosts were rallying around him, which great.
Get the support.
But then they brought Jay back into the conversation.
He hasn't been on the air in a decade or something with that.
And they're like, you know, this is Jay did this and Jay did that.
And I think it's like he's in his seventies.
He wants to hang out with us, do his car stuff, you know, take care of his wife.
Like, you don't need to bring him into the, to that drama.
Just leave him alone.
I just, I just don't, you don't need to dig up all that old shit.
What was that tall redheaded guy that brought all that up?
Yeah, Conan, Conan and Ryan.
I don't even know if Conan was in the conversation.
Like Conan's fine.
He signed like a hundred and fifty million dollar deal with Sirius XM and stuff.
It's like, speaking of which, when are we going to sign a deal with Sirius XM?
And by the way, Colbert, a million dollar deal.
He could move to another network or something like that.
He'll find work like he's, you know, he could do it.
I just, you know, anyway, I'm just saying Jay has always been a sweet guy to me.
And he's always been very nice.
Very nice. Yeah.
You know, we'd go over there and we'd screen documentaries.
He'd fire up the grill and make us burgers and stuff.
And like, you know, he's always been.
He blew up his stereo.
We blew up his stereo and he got another one.
And we felt so bad about that because we were screening a film
and there was a it was we didn't finish the sound editing on it.
And there's like a scene where there's like a gunshot goes off,
telling the story about Paul Newman when he was a kid.
And it went boom, boom.
It's like, when he was a kid, he would shoot these guns
and it blew out his audio system on his theater,
on his theater and his garage.
So felt bad about that.
And then one time we went over there and were like, you brought
you made burgers last time, we'll bring some food.
What do you want?
And he was just like, keep it simple.
Chick-fil-A, let's do it.
It's like all I want is whatever nuggets or chicken sandwich or something.
Adam calls an assistant says, call it in the order for 20 people.
We go there, they give us like two bags.
And then we didn't even realize that we opened it.
It was like three sandwiches.
And we're like, where's all the food?
Like, what happened? You guys are cheese.
The assistant was like, you said get lunch for Jay Leno.
And I was like, yeah, but what about the 20 other people that were there?
For Jay Leno, it just gets.
OK. And it's just for a day.
So I think I think Adam fired that person the next day.
Yeah. And then I think Adam sent him over like.
Like not that he needs it, but he sent him like
a hundred dollar gift certificate cards like to a Chick-fil-A.
He's like, sorry, here's all the Chick-fil-A your shop can use for the next month.
He should have sent him that and a sandwich in loosite
that he could put on his desk.
Yeah. Just I mean, how many times have we screwed up
and Jay's been super sweet about the whole thing?
So anyway, I just remember Jay came down to our shop once
and he drove his Hispana Suiza all the way from
his place up in L.A. all the way down to Orange County.
And he got here late.
And when he showed up, he was like grease from head to his shirt.
His and not grease, but, you know, dirty,
you know, super dirty.
And he goes, do you got a place I can wash my hands?
And I'm like, oh hell, hell yeah.
And typical Jay that Hispana Suiza broke down on the way,
had to pull over to the side of the freeway and fix it on the side
of the 405 freeway, you know, or the five freeway, whatever it was.
And for him, it was no big deal.
It was just another day driving the driving one of his old cars.
That was long ago, right?
You were a long time ago, probably 95.
Yeah. Yeah.
I was we were over there.
I think Adam was with me.
And he was we maybe he wasn't with me.
I don't know if Adam was with me.
We went over there for something, or maybe we just went over to get like a part.
He was like 3D printing a part.
And Jay was there at Chik-fil-A gift card because I wish I wish we brought
a more Chik-fil-A. Jay was there.
And he was kind of like, he was like, hey, guys, I've got to go to a meeting.
And he's like, I go to like the Beverly Hills, like Hilton, you know,
like where they do the Academy Awards and all that stuff before they move to the new place.
Something like that, like the Hilton over there by Rodeo.
And he's like, yeah, I've got to go to the Hilton.
I've got this meeting I got to go to and he was there fusting
with like a steam engine car with like a big crank in the, you know,
coming out of the front and stuff.
And like two guys were, you know, getting it heated up,
getting ready to start it and the whole thing.
And Jay's like, so, you know, do whatever you guys need.
Shop shares, whatever you want.
He was super awesome.
You know, take a tour, look around.
He's like, I'll see you guys later.
Just buy lunch for the guys.
Yeah.
And then you see him starting to get into the steam car.
And I was like, I was like, hey, Jay's like just curious.
I was like, I thought you just like, don't forget,
you have your meeting at the Hilton.
He's like, yeah, I'm going.
I'm like in the steam car.
And he's like, yeah.
He goes that way when I bring it to Valet Park,
no one will touch it or even try to move it
because they don't know how to start it.
He goes, I can just pull it up front and leave it there.
And when I'm ready to leave, I'm the only one
who can start it.
And he goes, and my meeting needs to be short enough
that it retains enough heat
so I can come crank it by myself.
He doesn't have to boil the water
and all that stuff again.
And I was like, and if he has to fill it up somewhere,
he just calls room service and goes,
could you bring down a few gallons of water?
Yeah, it'd be helpful if it's already warm.
If it's hot, that's good.
And he boiling water, please.
Yeah.
And I just thought that was genius.
I just thought like he's going for like,
arguably a very uncomfortable,
you know, loud ride with no top
and at 13 miles an hour for most of the side streets.
So like just to bring this car to Beverly Hills
just so no one will touch this car.
I was like, he could have gotten like the shop car
that I think Bernard drove for a long time
was just like a Chevy Volt
because he would drive it into work, plug it in
and drive it home and plug it in.
I was like, you could have just like grabbed the shop
Chevy Volt and just like been fine
and nobody would even notice.
And he's like, no, it's not, you know.
I've seen him.
We always talk about Jay drives his cars.
Well, Jay drives his cars.
Oh, he does.
I'm not even in LA anywhere near what you are.
And I've seen him two or three different times
once driving a Viper, once, you know,
I mean just different cars, you know,
just driving on, always on the freeway.
It's always on the freeway.
Yeah, we've seen him around Burbank area
driving the cars.
Yeah.
Even driving Burbank.
I know his place is by the Burbank airport.
And that sounds like,
but if you're in downtown Burbank
to the Burbank airport,
it's a little bit of a trek.
And so you take a steam powered car
to Beverly Hills from his place.
It makes me wonder which way did he go?
He had to go over the hill somewhere, you know?
Yeah.
So I went to the Tonight Show with Adam
when he was a guest.
Da-da-da-da-da.
And, you know, long ago,
I went just like as a fan to be in the audience, right?
And then years later,
I went with Adam on the show.
And Jay going from his garage to work every day
and going to his one little parking spot
that it has for him,
always a different car.
Like half the staff doesn't really care about cars.
They're just like,
I don't think we've ever seen two of the same thing.
You know?
And I was like, yeah, okay.
I mean, I'm sure you did.
But because-
Yeah.
There all look alike.
It was black.
And it was,
it where he parks you, right?
The trek going there, the traffic, the stop lights,
like just getting from the shop to there.
Yeah.
Just doesn't seem like it's the easiest thing
for some of the cars that he has.
And it was an episode where
I want to say Simon Cowell was also a guest.
And I don't remember,
this is now I'm going to get off on this.
I don't know if he was in like a Rolls-Royce ghost
or like a Rolls-Royce Phantom
or it was a Bugatti Veyron.
It was, but he drove,
obviously he also drove like an over the top car.
Right.
And when we got there,
the guest spots are like kind of near Jay.
So you walk out,
there's like whatever Jay was driving at the time.
And then there was like a Rolls-Royce Phantom.
I don't even think it was a ghost.
I think it was a Phantom.
It's like that little,
there's that hallway.
And then there's like that U-shaped parking area
where their parking places were.
Yeah.
And it's just, it's kind of just like a parking lot.
Yeah, but it's two spots or, you know,
it's like his to Jay and then guest one, guest two.
And then that was it.
Then you walk down the hall
and they got the little guest names up there
and Jay pops in and he's like,
Hey Adam, you know, you know, how's it going?
And then of course,
we immediately started talking about cars.
And I remember this was funny
because Adam was doing like almost like a monthly thing.
He was coming on.
And then one of the producers comes over
you hear him in the hall going, where's Jay?
Where's Jay?
And then he pops in to Adam's green room
that they set up for him.
And they go, you hear the guy go,
Jay, we're gonna need you.
And he's like, it's like, oh, Adam's here.
And you hear him walk out and they go,
Corolla's here.
And he goes, they always knows that when Corolla's there
they're talking cars in the green room.
They always lose Jay
because Jay's in there talking cars at the time.
And they're always like rushing.
They're like, is Adam here because Jay's missing?
It's like one of those things.
So yeah, it was funny.
It was, it was fun to go and kind of experience.
I don't know how we went down this tangent.
I don't know either,
but you know, another tangent is all these people online
that put things up of them speeding
at excessive speeds.
There were some guys in Arizona
that put them in their supercars
doing 150 down public roads and they got in trouble.
And you see it all the time.
You see it all the time.
Now, not every state can you get find or get a ticket
for just posting a video
because they actually have to observe you in some states.
But in some states you actually can get a ticket
or get arrested or whatever,
but it's same way country to country.
And we just found out that in Turkey,
the country of Turkey, yes, you can get in trouble
because of all people, Turkey's transport minister
is the one who did it.
Now, he wasn't doing some like exhibition
or he was just putting up a video of,
he was driving, listening to nice music
and talking about their president
and what a good job he was doing.
But everyone looked at his speedometer on his Audi
and he was doing 140.
And the road he was on was an 85 mile an hour speed limit.
And he posted the video on X
and they immediately spotted it and yes,
he was contacted and issued a ticket and a fine.
Now I thought for 140 over here,
that'd be a pretty heavy fine.
He got two and a quarter US dollars, 225 US dollars.
That seems pretty reasonable for that kind of speed.
There's a new law in California, I think it was July 1st
that if you pick up your cell phone while driving,
the cell phone is in your hand, you will now get a ticket.
And the ticket is $158.
Maybe we'll tell you someday how I know that.
Wait a minute, this is California or LA?
I assume California, but it could be LA.
But it happened in LA.
Did you get one?
No, Tammy got one.
Oh, damn, I didn't even know that, Matt.
And I do it all the time to look at my phone or to...
Can't do it anymore.
No, she cop pulled her over, gave her the ticket.
She's like, I never heard about this law.
Sorry, is this new?
He's like, yeah, it's new.
Here's your ticket.
Well, you do see people doing the thing where they're
like holding it away, like that makes a difference.
You know, like, yeah, yeah,
you see them holding it way over to the side.
By the way, for those of you that drive around LA
and it's most people for some reason.
Nobody walks in LA.
Even in a new car with carplay and Bluetooth,
you see them holding the phone up to their head.
He can't, you can't see here, on speakerphone thinking,
oh, I'm not holding it up again.
I'm just yelling into it into the air,
but like, no, buddy.
See this all the time.
The flat phone right in front of their face, you know.
Oh yeah, wow, wow, wow, wow.
Yeah, well, you're gonna get a ticket for that.
I don't know the specifics.
I think it has to be like mounted to the dash
or something holding it.
What about this?
I have my shoulder strapped, comes across my chest.
I will literally put it right here sometimes
and let the strap hold it.
I wonder if they'd get me for that.
Maybe not.
If you look down at your phone, you will get a ticket.
If you hold your phone.
I don't, I respect my phone.
I never look down at it.
I love you phone.
You're the best phone ever.
You're such a good phone.
Even if you are an iPhone one.
My dog just looked at me when I said that.
He's like, I'm the good boy.
Yeah, I'm the good boy.
Okay, let's, we're a little late to take it a break.
Let's take a break.
Hey, let's take a break right here, right now.
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Okay, we're back.
That was weird.
Right as you said that, my phone started talking.
So I got, I've started to grab my black truck,
my 95 lightning, which I had it registered in Arizona.
The other thing I'm gonna do is
I'm gonna go ahead and take a look at my phone.
I'm gonna go ahead and take a look at my phone.
I'm gonna go ahead and take a look at my phone.
I'm gonna go ahead and take a look at my phone.
The other address out there and they sent me the renewal.
So I got a renewal for my new truck in California,
which is basically like $1,200 or some ridiculous amount.
And then my 95 lightning renewal in Arizona.
Like $31.
$71.
$71 and 21 cents.
Yeah, that's, oh, and I have a,
the Route 66 plate.
Uh-huh.
Cause I wanted a black plate.
That's the closest they got.
That's $25 and a personalized plate is $25.
So 50 of the $71 is a personalized plate.
Yeah, that sounds more like it.
Yeah.
Cause my OBS truck that's over, you know, in Arizona,
that when I renewed it, the guy goes,
do you wanna go ahead and renew for two years?
And I go, yeah, let's go ahead and do that.
And he goes, okay, it's gonna be $35.
And I go, each year.
And he goes, no, that's total.
I'm like, what the hell?
Why don't I register all my cars in Arizona?
Yeah, right?
The registration fee technically is $8.
And then there's like postage and another fee.
It was like, it's like $9.50.
If I didn't have this stupid,
oh, the license tax is $10.
So it would have been, you said 30, something like,
yeah, it would have been 20 bucks for a year.
Amazing, isn't it?
California, they get it so bad on plates.
Get it so bad on plates.
They do.
And I heard though that like Nevada is worse.
Registration is expensive.
And anybody in Nevada speak up to this,
but and car insurance, like here,
our car insurance is very expensive
because we have some of the like uninsured motorists.
I guess Nevada does as well.
Vegas or something does and it's expensive there.
So I don't know, I haven't registered a car there, but.
It's very transitory.
If anybody's in Vegas and you own cars,
let me know.
I'm curious, what's the deal over there?
Is it more or less than California?
What are you guys paying
for insurance and registration and stuff?
And then is it, they still have the same emissions?
Can you get emissions exempt on a classic car?
So the other thing I brought up was
if you have classic car insurance in Arizona,
you can qualify for emissions exemption.
How old does it have to be for classic car?
So here's the thing is, excuse me,
they don't check the year of the car, I don't think.
Maybe it's 20 years, but I thought if you just showed up
with like Hagerty Insurance or Chubb or something,
you could qualify for that.
It might have to be a combination,
but I got it a few years ago.
The car is a 95, and I think it only needed
to be like 20 years.
That's what we were trying to do here in California
with Leno's law.
And then they tacked on all this other stuff
that didn't work and now we don't have it.
But that's kind of what we were trying
to do here, but yeah, what does Nevada have?
Can you get emissions exempt if you have classic car
or a classic car insurance or what's the year?
That was the case.
I could get Arizona plates.
I could just get Hagerty Insurance on my Yukon
that I have the problem with,
and then just go back over at my house over there
and get Arizona plates.
Yeah.
Drive that sucker.
When I did my truck in 95.
I needed to drive across the desert to get there, but yeah.
When I did my truck in 95,
I was able to prepay five years of registration in advance.
It was a couple of hundred bucks.
Yeah, it's so ridiculous.
It's so easy.
I wonder what you'd have to pay in California
for insurance on that last GTR that they ever built.
That Nissan GTR.
We're done with the current generation GTR.
I like that car.
I know it's a little long in the tooth,
but I love driving that car.
I think that car is fun.
It's when it came out, it's like,
oh, it's got all this advanced tech,
and the guys from PlayStation did stop or whatever it was.
I'm like, yeah, you drive it now,
and you're like, it's properly analog.
Yes, exactly.
But think about when it came out,
it did Nurburgring in like 7.8 seconds or something,
or seven minutes, eight seconds.
Now, that'd be like, oh, dude, we're lapping you practically.
I mean, you know, and a little while ago,
I spoke with Cody Walker and he was like, I'm buying one.
And he bought like the special edition,
like the last, you know, like, I don't know.
He got his a couple of months ago.
He has gold wheels and stuff like that.
And it's that he got that.
I forgot the name of it.
He got that.
I forgot the paint, but it's kind of like that super dark,
like reddish black.
It's like, it looks kind of like a real dark like wine,
like a dark red wine.
It's not the iridescent color, is it?
It kind of is.
Yeah.
It's like, because the very last one that crossed the line
was that iridescent flip flop color with gold wheels.
That's the very last one ever built.
Yeah.
I think he already took delivery of his.
Otherwise I would have said that could have been his.
Yeah.
Because he's got a great relationship with them.
Cody Walker's got a great relationship with them.
And I don't know that a lot of people are ordering them.
So, you know, if they made one a couple of months ago,
that could have been his.
Yeah.
You know.
I'll tell you what's amazing.
They built 48,000 of those cars over the last 18 years.
The first question, I didn't realize
they'd been building for 18 years.
And it seemed like a long time.
Yeah.
But what's amazing is nine engine builders at the factory
built every single motor by hand.
I mean, that's pretty cool.
What are those guys going to do now?
Yeah, I know.
What are they going to do?
They're going to start a shop that where they rebuild
motors.
They rebuild those things.
Nissan has said, although they're
done with this current generation of the GTR,
they are not done with the GTR.
So I don't know if there was some talk
about being a high-performance hybrid a little
like what the NSX was doing, but we're not sure yet.
Well, I was thinking about getting one to tell you the truth
before they announced that we're going to end it.
But I was trying to figure out how long to finance it for.
Do I go seven, eight, nine, 10 years?
Sky is the limit, Brad.
What's that?
Don't tell your dad.
Sky is the limit.
Well, you know what?
I had a discussion with someone else about this
because if you've been reading the news,
they just said the average car loan is now
creeping towards seven years.
Well, that's not that far off because the average car loan
right now is six years.
The average person who comes in and buys.
But we had a discussion about this,
and I was saying, hey, if they would give me 0% interest,
finance it as long as they'd let me because it's free money
at that point.
All you're doing is extending it out.
And if it's 0% interest, you're never
going to be upside down.
You might owe a lot on the car, and the car
might not be worth it.
But finance-wise, you're not going
to pay three times more for the car
than what the sticker was, like I said.
I remember I've mentioned this before on the show.
When I bought my Yukon XL, I financed it for 48 months.
And I remember going, whoa, that payment is huge.
But 24, excuse me, I did it for 24 months, not 48 months.
But I thought, but in 24 months, I owned the truck
and I could always sell it probably for the same that I
owe on it, or the same that I paid for it for a while.
And now they're saying that it used
to be extraordinary for people to come in and say,
I want seven years.
Now it's becoming the ordinary because cars have gone up
as we keep seeing.
I mean, in the last five years, they've gone up 28%.
I mean, the average car now sells for $50,000.
And we've talked about this on the show, Matt,
about so much of it is because they're rolling computers now.
There's so much tech in them from the brakes to the,
I mean, it used to be tech was considered entertainment
systems and things like that.
Now it's just the fuel management and the braking
and everything else.
It's even the headlights and tail lights are super crazy.
They're self-leveling and LED.
So now this comes up all the time.
Like I get on form.
Someone's like, oh, I got the new Ford Lightning like I have.
And they're like, yeah, and I like damaged the front headlight.
I need to get another one dealer wants $1,500.
Yeah, for each side.
And the guy's like, yeah, I found a used one on eBay.
And that was like 800.
I was like, oh, my gosh, what happened
to go into like pet boys and getting
headlights and balding stuff for 35 bucks?
We were just talking just a minute ago
about how insurance was rising.
Well, why not?
I mean, when a car has components on it,
that used to be the total price of the repair.
I mean, I remember having a fender bender once,
you know, a little, you know, some dance and paint work.
And it was, you know, $2,500 to $3,000
to get everything fixed.
Well, now that could be, like you said,
could be a headlight and a grill.
You know, you haven't even touched the repair,
the time, the paint, the, oh, and heck,
let's not even talk about cost of paint nowadays.
And yeah, and these waterborne paints.
We, I had this discussion with someone recently
who owns a super car.
And it is getting so hard to color match the paints.
It's like if, you know, it's like a scratch
can ruin your day big time.
But you know, when a seven year loan versus a five year loan
can change your payment between $780 a month
and $1,000 a month, that's big for a lot of people.
And I mean, a $780 a month payment
is big for a lot of people.
That's tremendous.
But they say before long, 10 year financing
financing will be a thing.
And I can remember standing at Barrett Jackson
and I'm sure you've seen this,
the signs at the booth that says we can finance
your purchase here at Barrett Jackson, 10 year financing.
And I thought, who spends, dude,
that's 10 year financing.
And then I talked to a couple of people that you,
oh yeah, I bought the such and such, you know,
I just financed it.
And they're like, I got 10 year financing on it.
I'm gonna drive it for two years
and then bring it back here, sell it
and then get something else.
You know what I thought?
Well, okay, maybe that works
because if you have a car that actually goes up in value,
great, but when you're buying a new car.
That's the trick, right?
Is buying a collector car in that scenario
where it increases in value more than the interest rate.
Right, right.
If you can break even or, man.
Come ahead.
Really do good.
Yeah, you're ahead, you made money.
But on a new car, very, very, very, very, very, very,
very few cars that you can buy new
that, excuse me, are going to make you money.
You know, you might be talking about a,
you know, a Ford GT or a GTD
or, you know, something like a ZL-1 or something like that.
Right, but if you can't order it direct.
Right.
Dealers are going, well,
we know you're gonna make money off of this
or we think you will
and we don't care if you do or not.
So we're gonna charge a huge markup.
Yeah, they want to make the money on the front side, right?
Yeah, they want that money.
That is so insane.
I still, it still just grinds my gears.
It's just like.
I know, but that's been going on since the 70s, dude.
It's just like, we think this is gonna be valuable one day.
So we're gonna charge you a bunch of extra money.
So we get that money,
not you who purchases the car.
Like it's just an insane idea.
And then by the way, if you pay the markup
and it doesn't go up in value,
there's no refund check.
That's right.
That's right.
You don't go back to the dealer and go,
hey, we went on this together.
I gave you the extra money.
We didn't make it.
Now you owe me a hundred grand.
And because of that, you did not buy a Ford GT.
You said, no, I'm not doing it
because I'm not paying the dealer markup.
That's right.
I see how you roll.
I respect that, man.
Respect that.
Speaking of rolling,
what have you been rolling in lately?
Well, we went up to Monterey car week.
We took the Land Cruiser.
I know you were interested in it
because it's cool looking like those.
I did.
I liked it.
And talk about like going back to analog
because it's still meant to be a good off-road vehicle.
Just a lot of the switches and AC controls
and things are just,
they're dials that are buttons.
And it just kind of goes back
to being a more of an analog vehicle.
Although the touchscreen,
the carplay and all that stuff works.
It was great.
We had no issues driving up there.
Going to the track
and you have to park up on the hill
up on Phil Hill up there.
And you see guys creeping in there
and the Ford GTs and the 911s.
Some guy, there's like the little dirt road
and then you've got a little paved road
like for a golf cart
and then you have to get into the dirt.
And some guy like barely got his Ford GT there to spark.
And I was like, I'm just flying up the hill,
hitting the dirt.
It's great.
Throwing rocks on all the supercars.
Just kicking rocks up.
Not a care in the world.
And it was comfortable.
The Land Cruiser is a two-row SUV
because it's a hybrid.
So the rear storage area
has a little bit higher floor
because of the battery EV components.
You have to have a place to put that, right?
Yeah.
And so there's not going to be a third row seat
because there's no place to like fold that down back there.
The only thing we were a little surprised about was
it's a hybrid and we got like 18 miles per gallon.
I mean, it's probably better than-
I think it would get like 24 or 26 if it's high.
Yeah, we were hoping for like a little better than that.
And maybe a round town,
you'll get better with the hybrid system
than you would on the freeway
doing 80 or something like that or 85 miles an hour.
But, and then the total range,
like if you do go off-road
and you're going to go to Vegas or Arizona
or hit the desert or something,
you're going to stop for fuel
because we got like 280 miles of range.
And I thought between the hybrid,
the hybrid system takes up space underneath it
so you can't have a huge fuel tank.
And at 18 miles per gallon.
Why Baker's there?
Yeah.
Baker, California is there for music.
So the question is,
do you go with like the Lexus version of the GX
which I don't know.
This hybrid is a hybrid four also, right?
Four cylinder?
Yeah.
Right, so it's only available
in the hybrid four cylinder,
if I remember that correctly.
I wonder if there's any plans for it to come out
with a gasoline motor
if they're just going to go strictly that way.
So the Lexus has the gas engine in it.
That's why I wonder if there's,
if they're just going to keep that strictly Lexus
or if they plan on coming out
with the other, the Toyota version with a gas later.
You know, it's...
Yeah.
Or if they're just going to go, yep, that's it.
You get that.
So the back of it looks like it bagged out pickup truck
where the bed's really high and the...
It kind of does.
So yeah, I will tell you this.
If you want three row,
you've got to get the Lexus GX version of this.
If you want two row
because of the hybrid system, you get the Land Cruiser.
I don't know that there's a way around that.
What was sticker on the one that you drove?
Do you remember?
I don't...
Let me see if I can...
They have really good angular look to them.
I mean, it's really sharp lines.
I like the looks of them.
And they...
And the retro package, I think it's called the 1958.
That one goes from the squinty rectangular headlights
to the round headlights.
Oh, really?
And if you look that up,
it's called the 1958.
So there's the Land Cruiser
and there's the Land Cruiser 1958.
And you can see it has kind of the retro look.
I don't know if you can still get
all the big packages for it, but...
But they start...
The 1958 starts at 56,000 and change
and the Land Cruiser is 61,000, I think.
And like I said, there are two row
and then you can kind of build it from there.
Whereas the Lexus, I believe, starts at a bit more.
So...
The Land Cruiser looks good with the round headlights.
Yeah, it does, right?
Yeah.
So the Lexus will start at about 66,000, but...
So about $12,000 difference, so...
Well, yeah, on the opening price on...
Maybe about $5,000 difference
because the Land Cruiser is 61?
Is that right, 61?
I don't know, I'm looking at a thing right here,
cars.com, it says MSRP from 55,950 on the Land Cruiser,
but...
Yeah, so the 1958 version, yeah.
I think it's a little more this year, 56,7.
So you pay a little bit of premium,
but now the GX, you can get that thing up into the 80s.
If you want different trims, the luxury version,
the premium version, the luxury version,
the over-trail version, the over-trail plus version,
now you're into the $80,000 range.
So you could probably spend $20,000 more on it.
You do that and just finance it for 10 years.
Just do it and finance it for 10 years.
Anyway, I think they're great.
Edmunds, on CarCast when we talked to Alistair,
Edmunds purchased the Lexus GX for their long-term fleet
and they love it.
But these big SUVs, if you're looking for fuel mileage,
these are not necessarily the things you want.
I mean, think about it, just in rough figures
without any of the add-on or the interest
or anything like that.
If you financed an $85,000 vehicle for 120 months,
you're only gonna pay a measly $708 a month.
Now, of course, you gotta add on interest.
You're probably gonna be about 850 by the time you're,
for 10 years.
Yeah, I'm signing on the line to pay 850 every month
for the next 10 years.
Yeah.
That just doesn't sit right with me.
I'd have to go some other way.
So you liked it though, you said it drove wrong.
I did like it.
And like I said, Toyota says it gets 23 miles per gallon.
I wasn't seeing that, but maybe we had a full car
and lots of gear and people and we were on the freeway
and we were going fast.
We saw 40 miles an hour, right?
Like the Turkey's transportation.
Yeah, right.
So we saw 18, 18 and a half or something.
Toyota claims 23 combined compared to the Lexus.
The Lexus is, so the Land Cruiser is 22 city, 25 highway.
The Lexus is 15 city, 21 highway.
So I don't know, maybe I was getting 18 in the Land Cruiser
with all the highway driving.
Maybe I'd get 15 or 16.
Maybe you calculated wrong.
I just went by whatever it had on the screen, right?
I let it do it itself.
I don't know, is there that much of a difference?
I mean, if you're in the teens,
is there that much of a difference
between 16 miles per gallon to 18 miles per gallon?
I mean, I guess.
Two miles per gallon.
I don't know, between my trucks
and my Mercedes with the big motor,
it's everything I drive when I get a car to drive
from a company or a rental car.
I go, man, this thing gets great mileage.
It doesn't matter what it is.
Yeah, compared to what you drive, yeah.
Exactly.
Hey, did you see that Cadillac is moving forward
with their F1 team?
They did finally decide on their two drivers for next year.
One of them has 10 Grand Prix wins
and was with Mercedes.
The other has six Grand Prix wins
and was with Red Bull.
We've got Sergio Perez,
and I'm gonna probably butcher this name up,
but Valentari Bodus,
not close.
And they signed multi-year deals with them.
They've got 527 grid starts between them.
So they got definitely experienced.
And then you mentioned that you'd heard the rumors
also about maybe a team manager.
Yeah, they talked about bringing on,
what's his name, Horner?
Guy the Cat.
Yeah, but I don't know if that's gonna go through.
That's kind of up in the air.
People, I don't know if that rumor is getting started.
It's a rumor.
We're not saying it's fact.
It's a rumor.
Good rumor.
Yeah, listen, if that rumor hasn't started yet,
I'm willing to start it right now.
What's interesting is they said Alpine in France
had been talking to these two drivers
and Cadillac kind of swooped in and got them.
And I'm thinking,
I didn't even know Alpine had an F1 team, did you?
No.
No.
I just don't follow F1.
I know I sound naive here
for even trying to talk about F1
when I just don't follow F1 that much.
But F1, you have to be a very, very, very dedicated fan
to follow it because it's on at such odd times.
And it's just, when I run across to race on TV
or something, I'm just like, wow, this is great.
I gotta watch this more often.
And then I look and go,
oh, I can watch such and such Grand Prix
at three in the morning.
Now I'm not gonna do that.
And people say, well, just tape it.
I don't watch that much TV as it is.
I gotta keep up with the housewives.
And I can't watch F1, you know?
Yeah, I agree.
Yeah, you agree.
You gotta record it.
Doesn't even know what I said.
So.
I got a DVR, man, use the technology.
Well, DVR is not the technology anymore, Matt.
Now you're aging yourself.
Now it's cloud.
Next thing you hear, hey, let's Tivo it.
Hey, as we round out this show,
not to end it on bad news,
because I don't really, you know,
we did have another person in the automotive industry
that passed away, Forest Lucas of Lucas Oil,
founded Lucas Oil.
And while I was looking into this,
I think we think of,
what do you think of when you think of Lucas Oil, Matt?
The little bottle that's on every counter
of an auto parts store?
Yeah, the little, but I'm thinking,
I think of NHRA.
I think, you know, wow, yeah.
NHRA and his son that used to race top fuel
and everything like that.
But when I looked into it a little more,
I had no idea.
I knew that the Indianapolis Colts
had their stadium in Indy,
you know, the Lucas Oil Stadium.
I knew they had the naming rights there.
But what I did not know was that the,
they're the official oil of the Indianapolis Colts.
They're the official oil of the Dallas Cowboys,
of the Indiana Pacers, the Indiana Fever,
the Indiana Fuel, which is hockey,
Indianapolis Indians, which is baseball,
the Inter-Miami Soccer League, the LA Galaxy,
official motor oil and additive of LA Galaxy Soccer,
Philadelphia Union Soccer, major league fishing,
Monster Jam, NHRA, PBR, ACM Awards,
which is the Academy of Country Music,
Lucas Oil Live, which is a casino and resort
that they have Lucas Oil Stadium,
which we mentioned, Lucas Oil Speedway,
Indianapolis Raceway Park is also Lucas Oil,
and then just a litany of teams and like that.
Like I did not know that Aero, McLaren, Indy car team
was sponsored by them.
I mean, it just, they've got a NASCAR team.
It's pretty deep on all of the things that they've done,
not to mention, they own, you know,
they're partners in Racer TV and, you know,
just so many other things.
It's just- Yeah.
Lucas Oil had purchased MAV TV
and tried to building that up to the new-
Right.
Like SpeedVision, and then I think fairly recently,
Racer Network purchased MAV TV.
It purchased them, but in my research,
I found out that they're still part owners,
so they're still part of it.
I think it was smart to go Racer, you know,
because Racer is a great publication
and the fact that MAV TV
didn't really mean anything to anybody.
They also own a production company.
They've done a lot of films and documentaries
and things like that over the years,
but he did a lot.
He was, even found out he bought a railroad.
There was a, by their factory in India,
or not in India, in Indiana,
there was a small gauge 7.7 mile railroad
that went from their little town to Indianapolis.
And it's how a lot of the companies
that were located in this town
got their product moved to where they could get it distributed,
where the big trucking was,
and other railroads and like that.
Well, it was going bankrupt,
and he was like, okay, I'm either gonna have to relocate,
or I'm gonna have to not be able to move my stuff,
or I buy this railroad, and he bought the railroad,
named it the, can you take a wild guess what he named it?
Could it be Lucas Oil Railroad?
Oh my God, how did you know that?
And so now they own,
and now everybody else who wants to go on it,
and he built a little place at the end of it
called Petticoat Junction,
and oh no, that was a different one.
It was a different small gauge short railroad
that's from a TV show back
that just aged me tremendously.
So, but you can watch it on some of these old things
on Hulu.
So anyways, his son's gonna carry it on,
and you know, his son I've met a couple times,
and he's a nice guy,
and he's now the CEO of the company.
But Forrest was 83, so he lived a long, nice life,
and he did a lot of great things for motorsports.
So we think that.
Matt, do you have anything else?
No. Okay.
Well then let's call it a day.
What do you say? Call it a day.
We'll get Aaron back maybe next week.
Yeah, Aaron was taking one of his dad's cars
into the service, in for service today,
and the only time he could get it in
was right when we were going on the air.
So he said he regretted not being here,
but had to take care of that.
So I said, yep, go for it.
So anyways, hey everyone, thanks for listening,
and don't forget that you can go to our website,
find past shows, and visit us online,
and we'll be back again next time.
And that's a promise, not a threat, pals.
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