Are EVs Dead? Huge E39 M5 Repair Bills, Falling Skyline GT-R Values, and More! | THISCARPOD! EP25

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[Music]

hello and welcome to this carod I'm Ken

I'm filipo and today we have a lot to

talk about starting with the

mercedesbenz eqs oh everybody's favorite

topic everybody hates the Mercedes eqs

and it has sold approximately as well as

a vehicle would sell if it didn't have

wheels at all

the yeah yeah I love it by the way y do

you also love the eqe which looks

identical yeah I I kind of like all the

EQ mer I know it's bizarre but they all

Drive really well they have Great Tech

they're good cars people don't like how

they look and people like scapegoat

electric cars in general I think the EQ

Mercedes are good cars except of course

for the eqb which is a bad car yeah okay

and Mercedes has this week has announced

they're going to replace the eqs with an

electric S-Class which is basically what

they're saying is they're going to the

next gen S-Class is going to have both

Gas and Electric versions but they're

not going to call the electric one the

eqs anymore it's just going to be one

car and it won't be a Stalone model

that's styled differ in theory which by

the way is what everybody else has done

well sort of I mean everybody I did they

I mean BMW did I you know and outside of

the the the the theix the i7 and the

regular 7 Series look identical

basically the Five series and the I5

look identical yeah no that's that's

true but all of these Brands like the

Audi rron the original out of rron which

was an SUV that looked like the Q5 but

wasn't that was different and it's now

called the Q8 rron but it isn't related

to the Q8 at all except that it's uglier

so like one wonders anyway the point is

the point is this was a smart decision

this is obviously what they were gonna

do they did they could not continue to

put all their resources into making two

full-size electrics at hand no I think

they're they're not getting stuck in the

some cost FY they're just moving on

which makes sense I think what they're

going to do an electric s class they

will as they should

but it won't

look like that it like an S-Class which

is what people want looked like the

future that looked like the future

remember that Mercedes Jelly Bean

concept car that they had you know what

I'm talking about superar Blondie

probably reviewed it and and I I bet

it's got a screen I bet it is a screen

it just is all of it is a screen I I

think what was surprising about Mercedes

decision Beyond naming it Mercedes EQ

eqs 588 whatever um which was a mistake

is that every body else made like one EV

that was Standalone and had different

naming convention and then they

standardized and they didn't fully

develop a separate line of electric BMW

did I did all these rron cars like three

cars not for a full lineup that nobody

bought it was a weird decision and the

thing that I hated the most about the

decision and kenon will back me up on

this yeah is that by calling it Mercedes

EQ They removed Benz which as we

discussed last week or perhaps it was

two weeks ago he is the man he invented

the car y that's true but then again all

the AMG models are Mercedes AMG so I

know they take Benz out but Kenan do you

know how they make it up to him I swear

to God this is true I'm not screwing

with you if you look at the windshield

of of an AMG a new AMG car there's a

little signature proving that it's like

real Mercedes glast and on most

Mercedes-Benz cars it says Mercedes but

on the AMG cars where they took benz's

name out of it it signed Carl Ben wow is

that really

true that's incredible I'm going the

next modern AMG car I see I will go and

look at that is wild that's hilarious

Carl effan Benz the guy who invented the

car signed my car right okay this topic

is interesting but ultimately is still

pretty specul and also nothing will

change for a while and it still may be

called Mercedes EQ who knows no they're

they're Mercedes is gonna go German with

it because they want to they're going to

call out the S600 e and there will be

the S600 and that's what they've always

wanted to do but someone told them to to

differentiate more and whoever it was

whatever German consulting firm they

hired they're going to mad at him

now they yeah they've they've sent him

very far away or do a German accent make

fun of Mercedes people we wanted to do

it this way you have made a mistake and

now we are going to correct action and

take we're going to go back to the passw

which we were on already well done thank

you very much well

done oh my God I could have plopped you

right down Porsche cars North

America okay fipo you got this next

topic about the new Q5 I sure do there's

going to be a new Q5 like a few weeks

ago we talked about the new A5 and an S5

this is on the same platform which is

Audi's new platform uh and it's notable

because the last Q5 came out in I'm

looking at the year uh technically 2017

but let's be honest so long long run uh

and it looks great this looks like a

great small SUV um every

young professional 30-year-old woman in

any big city will own one of these in

three years and it looks good um they

have not announce any hybridization or

plug-in hybrid or electric version uh

but it'll be the same engines that are

in the A5 S5 and there'll be an SQ5 but

it looks great notable primarily because

it's their best one of their best

selling products you know you know you

me yeah it is notable because one of the

best selling cars we will see them

literally everywhere the Q5 came out in

2009 and it was redesigned 2017 which

you're now starting to trying to claim

was not a redesign I mean it was a

redesign I'll give them the second

generation for that night and day when I

see an 09 versus 17 it's like I'm

looking at the difference between a tree

and a sewing machine wow kenon on the

other hand can't tell them apart no

could not tell you what the differences

are there nevertheless eight years for

the like their bestselling car is a long

product cycle especially when their

refes have been minimal it's a long

product although I would submit to you

that Volkswagen Audi came up with this

strategy somewhere in the late 2000s

where they decided to stop doing like

big notable redesigns and just sort of

evolve their cars um and they've done it

with everything Porsche does it too now

the Cayenne redesign in 11 was huge and

after that it's been just subtle

Evolutions they do the same thing with

all of their cars um paname has been

relatively subtle and since the

beginning well yeah but but but boxers I

mean Q5 Q7 uh have been like this now

and that's that's like the Q5 had the

had technically a facelift in 2021 and

it was

minimal minimal um this this topic is

somewhat interest interesting but the

more interesting topic which you just

touched on and which we didn't make a

thing for but let's discuss it Volvo

walked back you see this Volvo walked

back their electrification so Volvo

Kennon said that they were going to

Electrify the whole thing all the cars

would be fully electric you plug them on

in by 2030 which in case you haven't

checked your calendar is

tomorrow kind of you know and Volvo

yesterday was like ah

so that's to Toyota has been public

about that porous everybody it's it's

clear that the tide has Chang the tide

has Chang we actually we're not gonna do

that remember that electric thing we

promised yeah and you can see it so

clearly Kon can you just go to the last

slide here we're g we're gonna skip

around a little bit um and then we'll

come back to actual performance cards

that people care about no this is an

interesting topic because I think I

think this is this is a sign says a lot

about the state of the industry at the

moment the the xt90 was redesigned in

2016 it came out in 2016 after the first

one was from 2003 to 2015 uh we thought

it was going to be dead because Vol was

coming out with the ex90 which is their

their electric full-size family SUV that

Doug reviewed a long long time ago but

just had first drives recently um they

surprised Everybody by announcing a

refresh to the XC90 which has been

around since 2016 MH I want to talk

about how horrible the interior update

is but that this is all you need like

this gets to Doug's Point perfectly they

weren't planning on keep X un9 I don't

know I think they were it came out in

2016 if you thought it was going to go

for another while you'd redesign it for

real no that's not what Volvo does that

the xt60 has been in its same form since

what 201 came out later 2017 2018 so

that's eight model year I mean that's

Volvo that's what Volvo does that's what

Volvo does they let their cars go and go

and go remember the 740 they're still

selling that in Asia but but my my point

is though I think that they really did

not plan to do a full thing they hadn't

teased it till a few months ago no I

think you're wrong cuz I think they knew

they would never be able to get ex90

production up to where it needed to be

however the point remains they're

letting the most popular cars get kind

of older because they were gonna start

really Dev voting a lot of resources to

the new electric cars and guess what now

the new electric cars won't be coming

and interesting yeah or or just slower

like I bet they'll still make it but

they're still going to be making gas

cars especi Volvo the most cautious like

conservative in that they don't really

take risks they they have decided have

seen the C40 that was RIS well that's

that did that and realized that maybe we

don't do that are we going to

survive the electrification of the car

are we going to make it and never have

to Electrify me and you not him well I

mean I'm sticking with my car my point

though like I think that we'll probably

there will be car companies that just

spef they only do electric like Tesla is

clearly not going to make like a hybrid

they're not going that just isn't going

to happen they're it seems like they're

going to stick with electric I think a

lot of Manufacturers will continue to

offer EV versions of cars but there'll

probably be hybrids for quite some time

I think at least for the foreseeable

future I don't think we're going to I

wouldn't say electrification is over I I

don't I don't believe that's true this

Volvo's plan was to fully Electrify by

2030 I'll be 42 if that doesn't happen

let's say they push it 10 years I'm

gonna slip through this aren't I I'm G

be able to never have to go electric you

will have to you will want to have an

electric car you I already want to have

an electric car F but why would they

make an electric E-class wagon they at

some point if people keep buying wagons

in Europe there's a chance that they

will for the German Market um and

nowhere else because nowh else bu but

like the point is the point is it has

been interesting to watch these Brands

push these EV targets which I think in

part were very heavily relying on

government subsidies to exist in the

first place you're also seeing a weird

Global Divergence because China is

almost completely electric and the US is

clearly not going to be and Europe I

mean Ville is not doing this just for

the US Europe doesn't have

infrastructure either and doesn't seem

to have demand as well so it's like

that's going to be an odd future too

where you have some markets that are

fully electric and some markets that

aren't

and it'll be very curious to see how

this all shakes down but it is very

telling that a lot of these car

companies are saying no and by the way

we're going to talk in a second about

this new Aston Martin here's another

brand remember Aston Martin came out a

couple weeks ago and was like we were

thinking about going electric because

nobody wants to remx said nobody wants

electric supercars people don't want

electric is desired by a portion of the

population but it doesn't seem to be the

portion that everybody was thinking it

was going to be five years ago I I think

that what I agree that a lot of a lot of

the promises were driven

by strong government incentives that

some of which have been walked back in

the US and other and other places I

think that just there was some hope hope

and that infrastructure would be better

than it is and some misunderstanding of

what it would take to have great EV

infrastructure uh that's the place where

China has invested very very heavily and

so are we get are we getting screwed by

China right

now I'm not going there but like I I

thinking point I'm making are we

allowing China is is is us both the the

the US government and Western Europe

allowing China Lea frog us right now

because we're over relying on these

gasoline engines the government heavily

subsidized these cars in part because

they saw the writing on the wall that

China was going to get ahead in

technology is that going to be happening

I mean that's an interesting component

to all this yeah I mean the US has

pretty heavy tariffs on Chinese made EVS

Canada a few weeks ago announced that it

would be 100% tariff on Chinese M EVS so

they're worried they're being

protectionist they're being quite

protectionist was generally as a sign

that yeah there's some lack of real

competition there and there's some fear

about that um there's certainly an EV

demand problem that's why manufacturers

are backing away from it that there just

isn't a demand there but I think that

that demand is driven by their not being

the infrastructure for most people to

have an electric car but as that

continues to change which it is

constantly changing more and more

manufacturers are adopting Tesla

standard the new ionic 5 the 2025 re

refresh which we'll talk about a minute

is now come standard with the plugs like

the plugs for to go into Tesla

superchargers as more and more of these

networks grow that changes the

calculation and as Battery tech improves

that also changes the calculation aut

spec the problem is the problem is it

hasn't changed that much or that fast I

think it's way slower than we all

thought it would be but it's changing

right like Auto autoec which is a like

an EV publication did a 70 mph test of a

lucid air GT which is their like new

Long Range model and at 70 mph from

California to Colorado uh it did uh

523 miles that's the first time that

like they've tested a car that's crossed

500 Miles like the moment you get there

and it's easy to charge that changes

everything we're just not there yet you

know I drive across a country every all

the time and um you know how many EVS I

saw on the

drive are we

excluding the the portion of the drive

from San Diego to elone and then from DC

Tock no the answer is several Nissan

Leafs in the middle of the country just

kidding could you imagine trying to

cross country in a Nissan Leaf and you

know they use the old Chad mod like the

like there's nowhere to plug them in

you'd have to be plugging them into

household you'd be knocking on people's

doors and World area Oklahoma hanging

out there for 20 hours to be fair the

Midwest is the right place to do that

people will let you into their home yep

oh jeez well you know yeah come on in

you know can I get you something to eat

something to drink and by the time you

try to leave the goodbyes alone will

have the car yeah you got to do that

well so so maybe it's maybe it's the

future I I think that we'll there there

there'll always be some market for a

long time there'll be some market for

plug-in hybrid or EVS it or gas cars

trucks for example we're not there yet

isn't what we want you and me and to a

lesser extent kenon plug in hybrids I

would if yes but I think that like I

could do an EV today uh I could do a

lucid air GT but nothing else cuz I need

I think about 500 miles range for our

regular

travels I would do it and I would I

would love to have a plugin hybrid so

get one I don't spend money you gota

accept that I don't spend money move on

to the next thing what do we got wait I

want to talk before we move on from the

xt90 I want to talk about their their

refresh the exterior looks great the

grill I think looks awesome mild refresh

but they did I think the cardinal sin of

Manufacturers from 10 years ago that for

some reason Volvo recreated which is

they updated their center console the

center stack a tiny bit but the biggest

change is that they made the screen

bigger yeah but it looks horrible can I

can I can I quote our former president

Donald

Trump no yes yes sure

wrong look I wrong a lot of people came

in here and they said there's not a lot

of screen not enough screen I said why

not more screen we can add more screen

and they

did fipo you're annoyed because it's now

popped out of the DAT it it just it just

looks like like like Emily who has an

xt90 uh kenan's Emily that is went to

AutoZone and purchased a tablet and just

mounted it there this is the big

complaint that that that like car

enthusiasts who love Brown diesel

station wagons have do you know what

regular people think Nel station wag

there do you know what do you know what

regular people think when they see more

screen they're like damn I love you you

make that it sticks out from the

dashboard they look better make it look

better I'm this is a point in Volvo they

designed this beautiful interior and

then in the desire to make it bigger

like if you look at other press images

just the side of the tablet is fully

exposed you missing the point you are

analyzing this from the perspective of

felipo not the perspective of the type

of person buying an XC 90 and by buying

I mean leasing my neighbor down the

street does not give a Canon that the

screen is popped out of she just cares

that the the screen is physically larger

and therefore better just have

the this is equivalent to like a I'm

very heavily involved with our product

team here at Carson beds and I've been

involved in a lot of product teams this

is equivalent to you're putting out a

feature that people will like but that

just looks horrid and you got to have

some standards for yourself that bad

it's also physically closer to you which

it looks so bad though just just just if

you're going to do a refresh and you're

going to try to sell your car that came

out 10 years ago for another 10 years at

least make it look nice today's episode

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the next story you probably know is that

we don't have Doug what a what a shame

due to technical issues we lost Doug

deiro but we're going to Soldier on and

continue with the news we come to my St

it will be better all right that's a big

claim but but anyway we come to my story

next which is the new Aston Martin

vanquished now there have been two

vanquished Generations before this but

ason Martin has decided to bring the

name back and it's quite a car it has an

824 brake horsepower uh V12 5.2 L

turbocharge V12 it makes 737 foot pounds

of torque and that makes it the most

powerful standard production Aston

Martin today not counting the like the

very limited production super cars that

they the V12 is there right cuz they

borrow their V8 from AMG it's a new V12

it's a new V12 engine that is correct so

I mean the stats are pretty impressive

so you top speed of 214 mph the dry

weight I love this they they they said

that the lightest option package and the

dry weight of the car means that it

weighs approximately 3900 lb so

realistically it's well over 4,000 not a

surprise um but nonetheless it's their

big GT car thing that I found was

fascinating is they actually lengthen

the chassis so it's not shared with the

DB platform it's longer by 88 mm which

is not nothing that does make the car

quite a bit quite a bit longer but my my

last two favorite things about the car

is they say that they're capping

production you they're capping

production won't build more than a

thousand a year which they're not going

to sell how many DB 11s do they sell or

db2s is a db12 cently D2 but I don't I

don't know and I I am sure that they're

not going to sell a th000 of these

especially because the starting price is

right around

$400,000 a th000 a year certainly not I

mean it seems steep God speed to them it

is a goodlooking car as all vanquishes

are yeah I agree so the the placement

the the ASMR lineup dbx most important

car the lineup obviously

Vantage db12 Vanquish that's correct

this is the range topping car yeah for

the like standard production road cars

that's correct yes so I'm excited to see

it um I would love to WR it I think it

is very goodlooking there are some

aspects of it that are a little weird

looking to me but that's with all the

new cars you have to see it in person

I'm excited to see it in person which

I'm sure we will soon I'm sure we will

and like all good Aston Martins once it

comes out wait a couple years you'll be

able to buy it for half price because

that's what happens with them all yeah

it is a gorgeous car I'm sure it'll be

great and if new V12 is a rare thing it

is a rare and ESP for I mean it's

$400,000 or at least based on the

British pricing which is not nothing

right there's other V12 options in that

price range but it's still special that

somebody developed a new one putting in

a car gorgeous car especially yeah

that's cool can't wait to see it in

person yeah all right the next story

Philip all right so there was a new

story this past week that California May

m May mandate speed Waring warning

Chimes my goodness I can't speak so I I

exp is in in in Italy in the rental car

that we had where it is reading the

speed signs as a lot of cars do now a

lot of New York cars do that kenon they

have cameras wouldn't know have cameras

they're looking for speed limit signs

they'll show you the speed limit in the

dash okay what I experienced is that

anytime you went past the speed limit it

would chime at you or it would flash the

speed warning sign or whatever it may be

uh the UK and a bunch of European

countries have also rolled out

legislation that says we will do this by

2030 or whatever may be California is

the first US state to say that they

might do that their setup is a little

bit different it would chime once every

time you exceed the speed limit I think

that that means that like it'll CH it

won't continue to chime so it's not like

an alert that just constant like a seat

belt like unbuckled alert just yeah and

it will only be for cars that have the

technology so they won't mandate that

technology but if your car has it

starting in 2030 or whatever year it

would start being used in California

it's not the worst like fundamentally

yeah you probably shouldn't speed you

should know if you're speeding or not

but the but the thing is it can be

really annoying when it reads the speed

signs wrong yes that would be like truly

like it it it became a problem in Italy

I would turn off the beeps every single

time I got in the car because it would

read like you're on the highway and it

reads like the off-ramp sign and no the

highway speed limit did not just drop

from 130 km an hour to 50 that that

didn't happen you don't need to beep at

me that that's not useful okay but if

it's done well I I see the rationale

speed as the biggest factor in whether

an accident is

deadly just kind of annoying well the

the thing of course I see is that like

in California this picture illustrates

it perfectly we have an M4 convertible

going you know in free just like freely

Cruis on the highway and the other other

lanes are dead stop traffic that is the

California thing so you're either

sitting doing no speed at all in which

case this warning is not going to help

you or you're going to with go with the

flow of traffic which is always way over

the speed limit and so like it's going

to happen every time you use the most

most California traffic mov it would not

be a horrible thing if disputed traffic

weren't way over the Su limit and sure

we think about highways but like how

often do you see people going well over

the speed limit on a residential street

true there's a benefit but it doesn't

really match the reality of people's

driving I agree so it'll just be an

annoyance is what it's going to be it's

going to be an annoyance well but maybe

it'll impact like the on on the margin

some people will slow down as they

should and then kenon will get mad at

them for being slower right and then my

car that doesn't think I'll cut around

them and I'll I go but

it'll be interesting to see if they

actually do it like there there's a lot

of ideas and the UK is often the leader

in like coming up with something that

would be like a safety Improvement

that's also maybe a little bit Overlord

watching over State yeah yeah uh and

they came out with someone like a year

ago and they were going to mandate it

for every car and then there were a lot

of concerns about like this technology

just isn't there yet and like they was

going to block people from going above

the speed limit this is just a warning

we'll see if it gets implemented it's on

the governor's Des right now kind of low

stakes yeah it's a beep we'll see it's a

beep at the end of the day all right

moving on to the next news story yes uh

it's a very news heavy week

here this is a a Hyundai ionic 5 it is

their xrt trim that they announced for

that will come out in 2025 there's a

bunch of ionic 5 improvements for 2025

uh it's going to be made in the US which

is really interesting and notable for

tax credit reasons uh it's going to use

Tesla's adapter uh like charging

apparatus instead of their current

charging port n ACS instead of the other

one uh has a different battery pack

whatever but the xrt trim is their

off-road

trim

right look at this it's can you describe

it for the people well the the picture

we have the entire front end is all

blacked out completely so like from the

hoodline down is just completely black

but only on the front the doors have

like a tiny little black graphic on but

it's mostly the back has a tiny bit but

very little how so if it's the off-road

trim so how much suspension travel like

how much ride height do you get it9 in

taller which honestly is a is not

nothing it's not nothing and there's

like a bunch of other let's be honest

not super meaningful changes this is so

that it looks more off-road not so that

it is more offro right like Subaru with

their Wilderness there's actual enhanced

capability you still shouldn't go

Offroad in your ionic 5 but people will

think it looks cool the issue is that it

doesn't look cool I think it looks kind

of cool I would I think it could look

cooler it looks to me like they left I

don't like this like they left like

concept car or like pre-production car

clading around around it um I don't like

that this

is that is my understanding these are

press photos from Hyundai really yeah so

like basically the only color you can

get it and then it would be black to

like make that all blend together am I

yeah and it's only avilable a few colors

I don't know why their press photos are

white it's so starkk well I hope that's

not true I hope that that if that is

what an easy way to differentiate what

what trim you have but what a pointless

way to do it it just it's so garish yeah

s out so much I'm hoping that in real

life it doesn't look quite this extreme

like C I know I know I know I I'm hoping

that it's not quite as extreme hoping it

looks better on other colors I imagine

we'll see a lot because the Southern

California people are into it yeah but I

do like the lift like I think it looks

good lifted that's more is a gorgeous in

my opinion I agree and I think it does

look good like more like SUV it's not

dis similar I I I don't know if they

like looked at the rivan r3x and we're

like which is R rivian's like small SUV

Concept card which doesn't look that

dissimilar and we're like true I also

want to have a

bronny car that can I don't know I saw

the r3x in person during Monteray week

yeah we went to stop by the r Booth

amazing it looks like a big it look like

an ionic 5 xrt no it looked way cool it

looked like a bigger integral launch

that's what it looked like to me and

even I was like you know I'd be kind of

into it oh so maybe K will go electric

maybe I don't know okay coming to the

next news story this is my story so I

found this to be very interesting so

Ford is offering a power upgrade

specifically for the Raptor model so

it's for the ranger Raptor and the

Bronco Raptor it only cost $825 which is

money but for for what this offers it's

an absolute bargain so it takes the

power of the Ranger Raptor up from 405

horsepower to 455 horsep 50 horsepower

bump big but more impressive is the

torque increase it goes from 430 foot

pounds to

536 foot pounds which that's a 25 that's

basically a 25% increase yeah from a

tune and the the hard part is basically

10% like wild and for tune from the

factory that has warranty you still you

still get the 3year 36,000 mile warranty

from Ford if you do this and to be

honest with you I can't see any reason

why you wouldn't do this if you have one

of those Vehicles because like that's

easy power and I found this was crazy

too if you want 20% off that

$825 if you sign up for their the Raptor

rally which is a day event that Ford is

holding at their like racing School in

Utah if you sign up for that they give

you 20%

off I you know if you live in Utah just

do this also the these structs are great

they kind of needed more power they

didn't like really need more power but

like they benefit from it and for 00 $25

but I also then wonder if it's that easy

for Ford to unlock that kind of power

from this which means they left a lot on

the table what are tuning company's

going to do they must be able to get

even more than that out of but I before

I went to a tuning company I would go to

Ford for for 50 horsepower and 110 or

whatever it is p feet of torque of

course I'm a Believer in keeping things

very Factory of course I realize these

are not really the vehicles you do that

with but nonetheless like for 825 bucks

like yeah man and we still have the

warranty only caveat I don't think it's

California legal yet not sure I couldn't

really find if it is or not but it's got

to go through carb I suspect which does

is a process that takes a long time my

entertaining 49 state legal and Ford

believes that it will meet California

requirements just hasn't hasn't done it

yet hasn't like got conf needs to do it

for sure and especially because there's

a huge Contin of people here who have

these cars which is exactly I suspect

where this picture was taken was in

Southern California somewhere I wonder

if we'll start seeing people like if it

like will make a difference in the

secondary Market to have it or not or if

it's so cheap that doesn't matter I I

suspect it's so cheap doesn't matter

you'll just do it if you buy one second

hand I mean easy I mean it just that

that is one of the crazier Tunes I've

ever heard of from the factory that's

wild but hey go go do it definitely go

do it go do it indeed all right really

quickly and then we'll move on from the

the news this is a Honda Honda prologue

they won't let Doug review one it's not

that good it sold 10,000 units last

month by the way incredibly don't

understand how don't understand to who

but it is also the cheapest Honda to

lease okay now you might think to

yourself there's Hondas that are cheaper

than the prologue which I assume is $4

to

$50,000 but nobody I Now understand how

they sold 10,000 they actually leas

10,000 yes and because it's a cheapest

Honda you can lease of course it's also

not a Honda it's made by GM it's

technology so what is the lease price on

this oh I don't know it was like the low

300 High 200s but like that's cheaper

than leasing a base Civic wow or base

CRV or a base Accord all of which are

cheaper which tells you how you sell EVS

you make them quite attractive to lease

make him yeah give them a number they

can't refuse huh that's that's kind of

the kind of the story I don't know what

that number is for a prologue for me

right I mean I you know again it's not I

don't have anything positive or negative

to say about it because it's not a car

it's a gray color also yeah but I mean

that is wild that you want a che Ponda

don't buy a Civic lease a prologue I'll

Ponda pad their numbers prologue too we

don't know we don't know all right and

that is the end of the news we can now

move on and I think we can all agree

that that went better without Doug we

don't need Doug Doug will not be a part

of these podcasts anymore a lot less

interrupting now we are going to talk

about cars and I would like to begin I'm

scared because I know what's coming my

E39 M5 if you're playing the cars and

bids drinking game at home you can go

ahead and take a shop because Kenan said

E39 M5 came back from service and I have

the documentation here now for a lot of

people that might be the amount of

documentation you have for your entire

cars history I don't have that much for

any if I combine all my cars histories I

don't have that thick of Stack it's 11

pages of stuff that was done to the car

quite quite a bit how large is the font

okay it's not tiny that's not small but

it's not you know I mean it's not a

verose document no it

isn't we had talked about underbody

panels that I replaced um which was

which you thought was like thousands and

thousands of dollars but I did pay

$1,400 to by the way the under body

panels still existed they were just a

little worn well as somebody who took a

picture of my car correctly pointed out

they were chipping apart and falling off

of the car so I and some were held on

with zip ties underneath because I knew

I needed to do this some stage but now

it's done um but the big things were the

rear wheel bangs hubs axles and H arms

uh I had some issues with the my axles

were the boots were shredding and

starting starting to sling grease you

can replace the inner ones but not or

you replace the outer ones but not the

inner ones you have to then replace the

whole axle but they were originally

almost 240,000

so everything that you've done in the

service is under body panels aside Fair

it's like we wear parts that most people

don't have don't experience wearing

because it takes 240,000 miles to get

there precisely but I get it yeah it was

an investment in I mean the stuff I did

like I did fuel filter did a drive shaft

service drive shaft service that is a

tongue twister I did differential

bushings um PDC diagnosis I had a sensor

it was out replac the AC impressor cuz

the bearings were worn shifter carrier

rebuild um cuz it was just the bushings

were getting worn wait can we go back to

the PDC sensor thing you you know how

you diagnose which sensor is bad so all

of them clicked all of them were still

clicking for those that don't know in a

BMW the way you figure it out is if you

listen you can hear a click at each

individual like you can hear each sensor

clicking it exactly they because they're

ultrasonic sensor so they they they take

all of them were doing it and the issue

was intermittent it turned out it was

that there was something internal like

within the connector that was broken on

the sensor itself so we end replacing

the sensor that fixed that pretty easy

um but now Kenan won't run into people

anymore when breing up then did a bunch

of right not that I ever but then we we

were you know we did a bunch of stuff

like uh you know Center tie rod was worn

front wishbones were worn um you know

just anything that really exhibited

where because I wanted I wanted this to

be over with Ryan did a very thorough

job as usual tell tell us the the total

I I I I can't guess because I already

know but if you're at home listening or

watching take a guess take a guess take

a guess this is a car that has 240,000

Mi 20

237,000 but like we've sold a lot of M

for less than this individual service on

a 237,000 mile accidented car yes which

was my fault well the then some other

body work yes so so the the total comes

to $

4,532 and3 tell them the real total

without having Ry Ryan is an is an avid

listener to the podcast uh and one it

heard us talking about it how I thought

you know 12 was where I wanted to this

is Ryan from E39 stores which is a great

BMW M5 shop here in San Diego yes the

one to send it to if you want your car

to be perfected Ryan is without question

the guy Ryan is Tech Allen who both did

amazing work on the car or the people

but Ryan was determined to try to keep

it within the 12's range and we just

could not do that so the total

originally before he gave me some

discounts thank you very much Ryan um

were was

$17,730 which was Hefty but Ryan found

some ways to to cut some stuff out of it

he was really determined and I

appreciate that Ryan um and to be clear

do not expect to get discounts from Ryan

because Ryan is worth every penny and I

actually asked him specifically not to

give me any discounts but he was very

kind anyway um and it is worth it for

the level of quality and detail that

they went into cuz the car for sure I

don't think the service was over price I

just think it's we insane number and I

will speak for myself I'll speak for

Doug I'll speak for every rational human

I think it's a little bit insane to

spend that much even I think that hard

to value your car because it has had so

much service but let's be generous and

call say that it's worth

$35,000 I think we can all agree that

that's that would be an exceptional

result given where other high sold for

your car is exceptional would be we sold

one almost identical to mine had 238,000

miles but a ton of service documentation

same color same year I believe it was

also NO2 and it sold for

30,2 sure so we'll be quite generously

at 35 you just spent half the value of

the car in a service yes yes I did which

I I just want to say that allow that way

let me be perfectly clear like I get

that it's irrational I get that I

shouldn't do this and this is probably

the last time I'm this been this kind of

money on this car for for future you've

done it you just hit the nail on the

head I won't need to like I have

bulletproof what there is to Bullet like

there's nothing left to do Ryan being as

picky as it is if you take your car to

him to get a PPI done he will come back

with 30 pages of stuff that you need

Ryan knows that there are like three

things left one is Cosmetics there's a

click in the front suspension we could

not quite solve this time around and

then there is one other thing and I

can't remember what it was but and it

was but it was so minor it doesn't

matter it's like the car is so sorted

and then I drove it for the first time

Ryan delivered it to my apartment while

I was away on the East Coast with you

and Doug and I came back and drove it

and it was unbelievable like it is I

cannot imagine the car driving any

better than that I've driven a lot of

E39 m5s in my time uh and it is so

comfortable at speed it is amazing

around town it's just like it's how the

car was supposed to be and it makes me

so unbelievably happy I was like

Delirious the first time I drove it and

I am now knowing that I can start it

every time I could drive it to pres

Arizona if I had there a new starter

there's a new starter motor yeah which

car starts a lot faster that's wild um

but I just I have confidence in the car

and that for me with an old car like

that you know I intend on D on driving

it up to montere car week next year I'm

not even going to think twice about it I

don't need to I can just go the car is

going to be reliable it's going to be

reliable for many many many years to

come and uh and I'm just really happy

with it I'm glad I think one of the

truths of being a car

Enthusiast is that sometimes you're even

you're spending might not be fully

rational but if it makes you happy

exactly makes you happy love is not

rational necessarily and in the case of

my e395 boy it is that is ain't that the

truth but I love the car and admittedly

it means I'm going to have to

financially take a little break from

Cars I think and just focus on like not

spending money on cars but I am so happy

Ryan did E39 Source did an amazing job I

adore the car and I just can't wait to

drive it I can't wait to drive it home

today and for many many miles in the

future forther curious that amount is

more than I spent for all my cars except

for one I believe it knowing you yeah

more than I spent on I think five cards

combined yes so that's my 39 M5 Tales

filipo what do you have to talk about

your cars a few weeks ago Ken and I

filmed a video that isn't out yet but

we'll be soon where Kenan taught me how

to clean a car yes and we we washed my

f500 to Bar cabet yes till like not

quite kenan's normal level of

cleanliness but to what we had time for

in the afternoon that we had set aside

for this video yes and I do mean

afternoon that we set aside for this

video it's so nice to have a clean car

it's just like so you you see it and

it's like oh it's clean it looks nice to

be clear it's it's so rewarding and

pleasant when people see this

video we left the car outside at flea's

house while he was away in Europe for 3

weeks and we're going to pretend that

this is in preparation for the video but

it's also the level of plan of the

car and it was I mean I borrowed it

briefly while the M5 while I was had it

down for the ABS modle and it was

unbelievably dirty the inside of my cars

are not generally that dirty but the

outside but the outside was oh my gosh

it was really it was aggressively bad

specifically for this video yeah yeah

specifically for the video it's never

otherwise dirty at all ever right but

you see now it makes interacting with it

a little nicer doesn't it so much nicer

you see it and like oh right this is a

special is car yeah and it honestly like

again we I'm sure I will get lots of

criticism for the way that I wash the

car every detailing video does everybody

has their own methods and stuff but

flippo's paint is pretty rough on that

car admittedly to be clear it was rough

before I parked it outside on the street

yeah but nonetheless like I it looked

pretty nice it looked so nice and and I

will tell you on camera that I went out

over the weekend uhhuh or on Monday and

bought some buckets and bought some some

car cleaning solution and bought

a and bought a drying towel and I washed

my station bag

you applied the education I applied the

education I applied it at like fipo

levels which means I spent notably less

than what you would recommend and did it

in 15 minutes instead of four hours

because I only had 15 minutes that day

but it still feels and I will go back

out this weekend and like clean it more

thoroughly cuz the wagon deserves to be

cleaned um but it's so nice you're

witnessing the transformation of a man

he has now discovered that it is nice to

have a clean wow Philipe well that it's

nice to have a clean car I happy to have

shared sh some knowledge with you I am

very happy that you have some clean cars

it is your e wagon is off camera and

looking very nice it's looking so much

nicer turns out guys clean your car cuz

you know your car might be a really nice

looking car you wouldn't know it sets it

off tremendously I'll give you a little

hack too if you it because the car will

get Dusty and stuff and you might want

to spread some time you're very busy if

you want to make a car look clean

generally clean the wheels clean the

glass yep car will look substantially

clean for a lot longer will save you a

little time but nonetheless I am like in

this specific case the car was so

filthy oh yeah and and like I even had

gone through my wife had gone through

like a touchless car wash and it didn't

do nearly enough so really the focus

last weekend was just get out hand wash

yeah hand washing the car really gets in

so effective I'm glad and now I'm going

to keep it clean is I'll hold you to

clean clean more clean I'm so that makes

me so happy my job here is done the job

here is done and I'm I'm a convert all

right I'll take it wow that's the

eventually I'll buy some detail spray oh

my don't don't don't tease

me all right we're going to move on to

our market report which is brought to

you by cars and bids cars and bids is

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car to get started I'm going to give a

warning before we dive into it okay we

are using kenan's hotspot we're having

some internet issues here at our office

for those that don't know and have not

watched our office tour it's an

underground bunker there's not great

signal and when your internet is down

things get a little wonky but we're

going to try to do market

report we're going to try because

there's a lot of interesting Market

stuff to talk about okay you want to

start us off I would like to start us

off so you know we've taken a little

high es we didn't do one live didn't do

a podcast live last we or didn't film

one last you filmed it in advance the

week prior I we had some good stuff to

go over one of the things I found that

blew my mind has to do with BMW M3 so in

general you know M3 values have been

kind of all over the place but these two

blew my mind so an E93 M3 that's the

convertible version of the M3 from the

mid 2000s um late 2000s sold for

$5,250 now this car admittedly had a lot

of miles on it had 160,00 800 miles and

it had an accident but and it's the

convertible which is the least desirable

version of this particular car now but

it but it had a manual transmission it

was largely pretty stock there were a

couple of but there were some good

upgrades upgraded rod bearings rod

bearings which is key and Rob bolts

Critical with an e9x M3 um so but

nonetheless it's sold for

$5,250 that is so cheap for one of these

cars crazy cheap but the thing that

blows my mind is that the E36 F3 that

sold literally right before it which was

a sedan manual sedan uh in white which

is yes m345 for those who know had

126,000 Mi on it so less but also an

accident and it also had more

modifications on it which generally

decreases value but in this case they're

all like pretty good stuff some D

upgrades and stuff like that sold for

more $118,500 I hadn't even thought of

the day that I would seen E36 M3 sell

for more than an E90 of any version M3

Wild

what this really shows is reliability

matters and fixability matters totally

because E36 not it it's not known for

being that reli it has some reliability

issue let's say but at this point

they're minor and they're fixable like

you as a person that owns one if you're

not Doug could go out there in a weekend

a couple cold ones and fix a lot of the

things there's great documentations

there's great forums yep great you can

go out and do that

E9 e9x M3s as we call them they have

real issues real liability concerns and

they're harder to fix and I'm not super

surprised that high mile ones are just

becoming kind of too big a question mark

for a lot of enthusiasts they do and now

granted like you said the biggest one

which is the rod bearing was done and it

ALS kind of a bargain in a lot way yeah

I feel like that's still a bargain I

think the perception that surrounds the

e9x M3 is that unreliability granted

there are also Solutions there are

upgraded rod bearings that in theory

don't need to be done again um there are

fixes for the throttle actuators which

are another big problem the E9 93 the

convertible does have issues with the

top and that's all E9 E93 is are like

that it's not specific to the M3 um but

nonetheless it is the other thing is

that this ultimately the e9x M3 is still

like I think really good ones have

settled into a nice value spot but

they're still a lot of them with lot of

models are still viewed as used cars and

so they continue to go down in value but

E36 M3s you know on the classic side of

things and continue to go up in value

now they both have like kind of

stabilized value wise I'm not saying

saying they're currently on the

Ascension or descension but regardless

wild that to me cuz E36 M3s my whole

life were 6,000 $10,000 I bought mine

for 6,500 when I had one the mods help

this one I think cuz they're all like

actual dining mods but like but how

insane that's that's a 4 L V8 a

six-speed manual and performance exhaust

yeah gorgeous car including the

convertible yep I 10 to $15,000 yeah

versus $118,000 for a car that has an

engine that sounds like E flat uh you

know it's the the s52 is a great engine

but it's like but this is a V8 high

revving you know both are na but like

it's a experientially a very very

different car I I get why fear holds

people back yeah and I also I also

realized the E36 M3 sedan is very

desirable to a lot of people people

really like the sedan so and I I get

that um but but wild what a comparison

point they did sell legitimately I think

they were the next they were adding the

same day it was quite the comparison

Point yeah it really really shocking to

me the cheapest e9x M3 sold e9x is one

of our categories yes that's a great

question uh let me see so lowest price

one we've ever sold for less than that

I'm guessing DCT this is the only one

this is the one that actually transacted

at 15 we sold a coupe too for 16 oh yeah

for 16 and I'm guessing y 150,000 miles

I'm guessing it had an accident yep had

an accident and some real fls but also a

manual um so Bargains if if you're

willing to put up with the risk and we

could be honest there is a risk there is

risk or you're extremely handy and you

want to work on how workable are these

very my I I actually this past weekend

my friend Jeff I went to his wedding on

the East Coast he was working on his

e90x M or his e92 M3 and my friend

Nick's garage amazing lift incredible

tools like really great spot to work on

but if you have access to stuff like

that the wherewithal and the

determination to work on one of these

cars they're actually quite Pleasant to

work on um it you know I they're they're

real values and they are awesome to

drive really balanced great engine great

looking still something to consider for

all us not for me I'm done I'm done I'm

not doing not considering it any more

enough on my M5 but can I talk about

another car that I think is getting

surprisingly cheap yeah absolutely R32

and r33 Skyline GTRs if you just do scy

and GTR though you'll get there um

oh my goodness oh my typing is really

hard with

um the last two results show this but

there's a ton of results on our site on

other sites across the used Market wow

uh r34s obviously still hot the really

really nice

r33s uh like the one that we sold back

in June 5,000 miles vpec uh or like

generally like really nice ones are

still bringing money but

R32s when they when they first became

importable in

20 uh 14 whatever that was um were like

low 20s when they first became ortable

at the time and then they Rose to like

mid-30s for a decent example they've

come back down now this has some mods

has some issues there's like wear on the

seats this is not probably like the best

the best R32 in the world but 20K wow

that that wasn't like that wasn't the

thing and we sold an r33 or we r&m on we

did not me a reserve on an r33 that was

a middle Canada but it was legal to

important that

and that was around 30 for an r33 which

was a nice one interesting do you think

that's just due to saturation the number

that are being imported that are here

now I I bet if I don't know how you

would get this data uh but I bet a solid

chunk of R32s and r33s at this point are

in the US like I I don't know how many

are less in in Japan I don't know how

many will will still be coming over but

there's a lot in the US market us and

Australia I would imagine to the markets

that usually import these it's pushing

down prices for the ones that aren't

really special right like 37k for back

in April for a really nice nicely

presented nice looking one great the

good ones are still making the money but

I think what's happened over the last

couple years is that kind of more

mediocre examples have reached the US

Shores right you start out with well the

very beginning is what can you find

that's importable what was the earliest

one built and then it's what are the

nicest ones that'll fetch the most money

and now we've kind of started importing

a lot of the ones that are have a more

questionable history have some wear have

some damage and prices reflect that 20K

for an R32 that's a great car yeah that

I mean even if it's not perfect like to

as a driver conditioned example that's a

cool that's a really cool car for 20

grand like that's be hard to beat that

honest right something I consider can I

it's I love these cars I've never driven

one I the r33 is actually my favorite

version of the GTR believe it or not um

R34 is awesome of course but the r33 has

always been the one that high liked cuz

I kind of like Marmite Carson and I the

r33 has just always been the one I've

resonated with the most the fact that

you can get like I the R32 at that price

that is crazy that they're that you can

get them they're down there again but

and r33s really are like more mediocre

ones or more I don't know ones that have

some questions or a lot of mods or just

some some prior history right and you

suspect the same thing will then be true

of the R34 but given its iconic status I

wonder but as more of them come over

surely value will probably do a similar

more values will Trend

down just not for a while because people

really have an an attachment to R34 GTRs

of course I think that the fast of

Furious

movies really meant that yeah they're

big money they're big money but yeah I

am kind of curious we right now don't we

we in R34 we do y man it looks looks

look it looks midnight purple one or two

uh I think this is not it's just black

all right it just looks black it looks a

little I mean it does look a little

purple given the polarizer on the lens

there but like man that is a cool

looking car that is so cool I don't

think these are coming down for a bit

but now is kind of the time to buy an

our 32 or 33 interesting it's kind of

time all right something to consider all

right I have one last market report

thing okay actually you can choose which

one we talk about leave it up to Kennon

you want to talk about GMT 800s so the

Taho W or do you want to talk about a

great example of why presentation and

color really matter for prices the lad

all right um pull up the z3m this we

this auction ended last week it is a

Boston green z3m Roadster it's the s52

not that larger s54 yep same size I

guess not the s54 sold for

$133,000 guess how many miles it

had I'm

guessing I don't know about 100,000

miles on this car

190,000 miles whoa okay yep and we've

sold a bunch of high miles impressive

z3m there's a stunning number of z3m

that have really high mileage wow well

they're great to drive they're great to

drive and like Rel pretty reliable but

this was a great example of how you get

more money for your high mile even not

perfect car there are known flaws here

like the the seller was incredibly

thorough with them which helps but the

photos are

great the color is good yeah the color

is and just like it's presented so well

that it makes you want the car yeah and

if you go back to the z3m page for other

cars we've sold others uh including that

1998 uh that was really low miles but

including that 1998 we've sold others

that have way fewer miles like 46,000

miles have r&m for for less but the

color matters people want Boston green

metallic over silver yep and the

presentation and thoroughness of that

listing made a huge difference right

because he was really thorough in known

flaws he dis closed a lot of things that

might cause concern where I think some

sellers sometimes are hesitant to be as

descriptive and thorough

as they maybe should be because they

think oh it's going to stop bidding

it'll scare people no it doesn't it

makes people want to bid more because

they know TR that you're thorough right

ex exactly I've said it a thousand times

like it's it just it's the you buy the

and Doug said it too you you buy the

seller not the car and so like someone

who has been really transparent it just

builds a lot of trust and then you know

what you're getting ultimately this is a

you know 20 over 26y old BMW with

190,000 Mi it's going to require some

work but yeah nonetheless like the

presentation was good and the guy was th

photos are excellent and yeah and colors

are obviously very hot you know people

want especially from the 90s you know a

lot of cars were had really cool colors

and Boston green is one of them so I

mean yeah it all kind of came together

for this guy and congratulations to him

I I think 132 is a very good number

number for car with that kind of mileage

on it especially for an s52 um but yeah

but I think sometimes when we talk about

how to get the most money for your car

the people think that we're talking just

about high-end cars or like really

really nice examples but it's true for

all cars here's a cheap car 13k the dude

spent I don't know 200 bucks on photos

more than paid off defin being thorough

being friendly in the comments having

great

photos 100% paid off he had a great

carard to start with with with a good

colors but

just invest time and effort and there's

like a reward for that realistically I

would have thought this would be knowing

the Mage now I would say it's like a

$5500 car $6,000 maybe uh you know I

don't think that the person necessarily

overpaid I think that they like actually

proba PA appropiately because the guy

was so transparent and you seem to be

getting a relatively nice one despite

the mileage on it you know a believer in

the high mileage club obviously but very

cool um yeah that's a a great textbook

textbook example of how to present a car

especially compared to some Z3 on

presentations we've had no offense to

the sellers of those vehicles um all

right that's all we got we're Douglas

we're Douglas today yes we're going to

avoid taking questions for today since

Doug is not here and a lot of people

want to get his opinion of course not

just ours so we will do more questions

later on um you can always go to cars

and bids you can go to the community tab

where we have a spot for questions

specifically and we will answer them for

you on air but I think that concludes

our episode for

today if you like does better without

Doug leave a comment let us know don't

say that I want Doug here but you know

nonetheless he's playing tennis or

eating Bon buns or doing something on N

tuck whatever yeah and honestly it's not

his fault it's our office that doesn't

have internet so exactly and he's got a

schedule and things to do but that

concludes our episode for today and we

will talk to you in the next one goodbye

[Applause]

[Music]

Are EVs Dead? Huge E39 M5 Repair Bills, Falling Skyline GT-R Values, and More! | THISCARPOD! EP25

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