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03:16
Hey guys, welcome to this very special episode of TFL Car Chat.
03:29
And if you remember, one of our special guests who is a popular guest is Motor Man.
03:34
And he is here with me today to talk about all things automotive.
03:39
But more specifically, we're going to talk about plastic car prices.
03:42
We're going to talk about what's happening in the auto industry.
03:44
And we're going to talk about big changes on your channel as well.
03:48
Very, very big changes.
03:49
First off, thank you again for having me here.
03:51
Thank you for letting our viewers share in your knowledge.
03:55
Actually in sharing my hotel room.
03:56
In your hotel room, yes.
03:58
If you guys recall, we did a little walk around of the quail a few weeks ago.
04:06
And back then we thought, you know, it'd be fun to talk about what's happening
04:08
with the car industry.
04:09
But let's first talk about plastic car prices.
04:13
What's happening with plastic car prices?
04:14
You know, it's a fascinating business because it's one of those things where you have a
04:18
couple of key events that dictate the prices.
04:22
And it starts in January with Scottsdale.
04:25
And then you get like a blip with Emilia and RetroMobile.
04:29
And then you get Pebble Beach.
04:31
And that's been the case for, you know, as long as you've been alive because
04:34
you are older than me.
04:35
Thank you for pointing that out.
04:37
I always like to point that out.
04:39
But I have shorts which makes me younger.
04:42
But you're wearing hocus.
04:43
Which makes me older.
04:46
Oh, I have to tell you a story.
04:47
So first of all, you know, I used to do triathlon.
04:49
And I started wearing hocus maybe like 15 years ago before anybody else.
04:54
Before men who own Corvettes.
04:55
Oh, you own three Corvettes.
05:00
And, you know, I love them because they had this huge like pad which not only cushioned
05:05
my running, which was good for me because I have a bad back, but also maybe taller.
05:08
You know, it's a win-win.
05:10
And I was kind of a hocus evangelist and then like maybe four years ago, I was at the airport
05:15
and I started looking around at hocus at every old part in the airport who was wearing them
05:21
And I'm like, oh, I tried to win myself.
05:25
I went to Soccanese.
05:30
I went to Nike's, but I just, you know, I still run a lot and these are the most
05:35
And I know they're old party, but yeah, I still own them.
05:38
But really technically, I'm no better.
05:40
I'm catching me wearing my runners because I went for a walk this morning.
05:43
What are you running?
05:44
I'm a new balance guy.
05:46
I've been a new, I mean, I think we've never discussed this on camera, but they know
05:50
that you are a triathlete.
05:53
I never did the triathlete.
05:54
I'm a long, I've been a distance runner all my life.
05:58
So I've run many marathons in these.
05:59
I just, one of these things like if it ain't broke, I don't fix it.
06:02
And I know that people give new balance runners a lot of crap.
06:05
We were talking about that.
06:07
What's the fastest marathon you've run?
06:09
I'm proud to say it's 348.
06:11
I ran Vegas in four, the worst number possible.
06:15
You couldn't do 359.
06:22
This is when I was running like eight, 30 miles.
06:27
I do a lot of trail running because I think it's better for you than the
06:28
matter of concrete.
06:29
Literally, there was like this 80-year-old guy who almost had a walker.
06:31
He was like this, right?
06:32
And he's in front of me and I'm running behind him.
06:35
I'm running and listening to my podcast and I'm like, damn, I'm not catching up to
06:39
the guy in the walker.
06:41
You know, getting old sucks.
06:43
Now I literally think we are two old men sitting in rocking chairs screaming and get off a lot.
06:47
I'll tell you one more story and we'll get back to these numbers.
06:50
I recently shot with Bob Lutz.
06:54
That dude is incredible.
06:57
Still drives his DR1 every day when it's summer.
06:58
You know, we just bought a Viper, which is one of his.
07:02
The original Viper.
07:03
I shot in front of Viper, GTS, Coop, number two.
07:08
He has serial number two.
07:12
Anyway, an hour and a half before the shoot, my back went out.
07:15
And I'd love to tell you it was like acrobatic sex.
07:19
It was in the shower.
07:21
And when you get all of you like bend over to pick up, you know, some penny or something
07:24
and you can't bend back.
07:26
It's like, what the hell?
07:27
It was literally in the shower.
07:28
I was washing my foot.
07:29
A lot of foot stuff in this episode.
07:33
Maybe we should start in a little bit of a foot chat.
07:36
Welcome to Foot Chat.
07:37
So I crawl out of the shower.
07:38
I crawl this golf bar so I can barely get in the car because I've had those like the
07:44
I get over to Bob's.
07:47
He's running circles around me.
07:49
I'm literally wrenched over.
07:52
You know, I have to say, and I think it must be because I'm getting older,
07:58
So I was recently at, you know, Pebble Beach with BMW and they were kind enough to give
08:05
Technically, you're still here in Pebble Beach.
08:06
That's where we're recording this here.
08:09
You just let you behind the curtain.
08:11
And anyway, I was terrified because I'm flying in and they gave me an M4 competition.
08:16
And you know, BMW has those sports seats and Porsche has them as well.
08:20
Well, the one that has this.
08:21
Support for your cramp.
08:24
And then they've got the carbon fiber sides.
08:26
I love those seats.
08:27
I was so terrified.
08:28
You are such an old man because they're so painful to get in and out of right there.
08:33
So because I'm also wider in some ways than you are in a lot of ways, actually.
08:38
But yeah, I can't get in and out of them.
08:41
I hate sitting in them and luckily this was a convertible and it had the regular seat
08:45
not like the competition seat, which would have been.
08:49
I don't know if your audience knows this, but sometimes you don't have the competition
08:55
I've got the carbon fiber.
08:57
All I do is this and this and that is it.
09:02
They look great, dude, especially with the tartan.
09:06
Oh, the tartan school.
09:07
But the seats, I got to go on a Porsche trip.
09:09
We went to the mountains north of Atlanta.
09:16
And we were in this car with these seats.
09:18
Well, you had the red one, the Carmine red one.
09:19
They had the seats.
09:20
Magnificent when you're driving.
09:22
But man, when you got to get in and out of them, it's an acrobatic seat.
09:28
So a little bit behind the seats.
09:29
And they don't adjust.
09:31
They just go like this and like this.
09:34
Your audience doesn't know this.
09:36
But technically, they think I just do these collaborations with you.
09:38
Technically, I'm kind of like behind the scenes crew at TFL because I am Nathan's
09:44
de facto cameraman sometimes.
09:46
So people have been wondering where Nathan is and Nathan moved to your back of
09:51
He's my neighbor and a member of my school.
09:52
Did you find him his house?
09:53
No, I didn't find him his house, but I made him his wife.
09:56
An offer she couldn't refuse.
09:58
Hopefully it wasn't clean.
09:59
She was moving to LA.
10:02
There was no chance on God's great earth I was letting them move to the valley
10:06
where they're from.
10:07
So basically, I sold her on the idea of you got to move to the South Bay because
10:12
in the South Bay, the school districts are great, the public school districts.
10:16
And we have law and order, and the police are great.
10:19
And it's safe there.
10:20
Well, you've been...
10:21
And she bought it hook, line and sinker.
10:23
You've been doing all of this video work.
10:25
So thank you very much.
10:27
You're quite welcome.
10:28
And Nathan is incredible on camera.
10:30
He's an incredible writer.
10:31
But let's face it, like technically this isn't...
10:34
Technically he's not.
10:35
This is not his thing.
10:38
Nathan, we love you too.
10:39
But yeah, technically it's not your thing.
10:41
The other thing that they don't know about Nathan, he is the most incredible
10:44
one-take Charlie I've ever seen in my life.
10:46
He could literally deliver war and peace.
10:48
And there will be a war going on in the background.
10:51
It would not phase him at all.
10:53
Every take he does is one take.
10:55
Consummate professional.
10:56
Anyway, speaking of his profession, so when I'm shooting, I don't know if you're aware
11:00
When we go around and do his walk-arounds and he opens up the trunk, he always likes
11:04
to point out this is where Roman stores his Ben gay.
11:07
And oh, by the way, did you know that Roman is afraid of elevators?
11:12
That is a rumor he has started.
11:13
And now I actually tell people that too.
11:15
He's like the nasty, bigger brother I never had at the younger brother.
11:21
Well, I'm not saying that because of course I'm saying that.
11:22
So what he does or what he used to do, and I kind of miss it now, is every time we had
11:25
a test car, right, he would get it.
11:27
And then you could like set a station so that it would let you know when a certain song
11:32
was playing, right?
11:33
So the first thing he would do is always turn it to like Ozzy's Boneyard.
11:37
Turn up the volume.
11:38
Exactly what he does.
11:42
And then he knows I hate Van Halen with the passion.
11:45
What's wrong with you?
11:46
I just can't stand Van Halen.
11:49
And then it was about a car.
11:52
You're a communist.
11:57
I love Led Zeppelin.
11:59
This is my era, right?
12:01
But I just never got into Van Halen.
12:02
Anyway, so, and then what he does is like whenever a Van Halen song comes on, he'll
12:07
set it so that it reminds you on the radio that there is a Van Halen song playing.
12:12
We miss you, Nathan.
12:15
Well, I don't miss him because I see him every night at the cigar lounge.
12:20
Obviously, big auctions happening here at...
12:23
Oh, so we're getting back to our topic.
12:27
I've been buying a lot of classic cars.
12:30
We've got to set the stage here.
12:31
It's very important.
12:32
So that's the way it was for, since you were born, which was many years ago when
12:35
the model was just new.
12:38
But then bring a trailer came along.
12:39
And then bring a trailer.
12:41
And then P-car, cars and bids, and then all these other groups that have done
12:45
And now you no longer need to wait until these key tentpole events in order to
12:50
send your car to auction.
12:51
Plus, why do you even need to send it anywhere?
12:54
So the market is constantly changing.
12:56
So what's happened now?
12:57
I would like to point out.
12:58
I would say, I love bring a trailer.
13:01
You know, I was here 13 years ago with the Tatra 603.
13:05
I sold it on bring a trailer.
13:07
This was when, you know...
13:08
I'm still mad about that.
13:11
I couldn't afford to keep it back then.
13:12
At the early days of bring a trailer...
13:13
Yeah, but you couldn't buy it back.
13:16
That car didn't appreciate.
13:18
It's never an appreciate.
13:19
It may be in 50 years.
13:21
Anyway, so I love bring a trailer.
13:24
I just bought another car and bring a trailer.
13:26
But the problem is, I always feel like there's a 25% premium.
13:30
Not just a buyer's or seller's premium, but a real premium.
13:33
If you could find that same car on Facebook Marketplace or on Craigslist, which you
13:38
Oh, it's full retail.
13:40
No matter what the car is.
13:41
It is always retail or higher.
13:43
So I have a passion for a car no one loves, a 1979 to 84 El Dorado.
13:49
I'm looking for a very specific one.
13:50
I just bought an El Dorado.
13:55
I bought a 2001 North Star El Dorado.
13:59
That's not a good El Dorado.
14:00
Look, I have the same passion.
14:01
That's not an El Dorado.
14:03
It is an El Dorado.
14:04
It drives like an El Dorado.
14:05
It's not an El Dorado.
14:06
But I'm on the same page.
14:07
When my dad came to America and he finally made it big, he bought...
14:13
No, he bought an El Dorado.
14:14
First, before the Lincoln.
14:15
First, a brown El Dorado.
14:17
I've actually seen that.
14:18
I was there when he uncovered that, Lincoln.
14:19
No, he bought an El Dorado and then because a buddy of his brought that 75th anniversary
14:26
Lincoln Continental Mark V, he also got it.
14:28
You know how that is, right?
14:29
You buy something so...
14:30
Yeah, that's what immigrants are.
14:32
For us, it was Buick's.
14:34
But before then, he had that...
14:35
I think it was like a 74 or 5 El Dorado with the 500 CC.
14:39
It was a massive engine.
14:46
That would be a K car.
14:47
No, it was Cubic Inch.
14:48
It was like some massive like...
14:53
Produced minimal horsepower.
14:55
Anyway, so I want one of these cars but I want a very specific...
14:57
You want a convertible?
14:58
I want no actually.
14:59
I want the no-land-out roof and I want the factory-assed roof.
15:04
However, there was a car that came up on Bring-A-Trailer and it was a 5,000-mile
15:11
And I'm like, you know what?
15:12
I could deal with a convertible because it was literally even the original gold keys, both
15:17
It had the cassette.
15:18
I got the gold key with my 2001.
15:21
Well, a gold plate of key, but go ahead.
15:22
This car, I thought for sure, 5,000 original miles, you know, those cars, they're kind
15:26
of still like 5, 10 grand, but this car, I figured, it'll go with 30.
15:30
So I put it in a bid and cut it off at 30.
15:35
And up in about half an hour, I thought I was getting me a Burgundy on Burgundy,
15:39
5,000-mile, 84 convertible.
15:40
How much do you think it went for?
15:47
New with a wrapper, sticker, everything.
15:48
Okay, if this was on Craig's list, I could tell you, this would be a 10,000 on the
15:53
If it didn't have 5,000 miles, if it was like a 50,000-mile car, it'd be a 10,000.
15:57
Even a beautiful one would be 15.
15:59
Maybe 15 at its most.
16:02
I'm going to say it probably went for 40, 50, some...
16:08
You can't drive it.
16:09
You can't drive it.
16:12
And the other thing about those cars is most of them are still relatively affordable,
16:18
70s, big-ass American luxury cars, because they're just so freaking big, right?
16:23
They take up a lot of space.
16:24
Do you know Adam Wodecki?
16:26
Okay, you got to meet him.
16:29
He does the channel Rare, Classic Cars, and all those...
16:31
Basically, he's a bean counter, he's the CFO or something like that, I've
16:35
Basically, on the side, he does a classic car channel just of melee Zara cars.
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17:03
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18:05
And he's got like a barn full of these Melezera cars.
18:08
He brought a Mercury marquee, like literally the car from Hawaii 5-0, like a carbon copy
18:16
But with every option, they have like 20 grand for it.
18:18
Yeah, they're cheap.
18:21
Because what happens is, those are good cars to actually buy on Craigsist or Facebook
18:26
Marketplace because they haven't percolated all the way up to the 5,000 mile one.
18:31
We found that, you know, that was somebody's father or grandfather and then somebody at
18:36
a dealership usually because dealerships also look out four cars on those two sales platforms
18:42
and then eventually they get them and then the dealership puts it up on, bring a trailer
18:46
because they know they're paying retail.
18:49
That's how they make their money.
18:50
But you could get those cars if you have the time and you're willing to poke around.
18:56
I'll give you a very graphic example of this.
18:59
When I first moved to LA, I had the idea that, this was in 2006, I had the idea that, you
19:06
I'm going to buy a classic.
19:07
I'm going to do LA Classic.
19:08
So I start looking around and I find a 1973 Pontiac Granville convertible.
19:16
I'll look for your El Dorado.
19:19
What year do you want?
19:21
Okay, late 70s, early 80s.
19:25
Ideally, anything that's got a contrast, so white with saddle or like burgundy with saddle,
19:34
I want a car I can drive but I want it in better condition because they're not at the
19:38
point where the value of those cars, you can restore them and get anywhere near that.
19:43
I don't think they're ever going to go to the point to cover the race.
19:45
Like I said, they're too big.
19:46
They take up too much space.
19:47
I would sooner buy the $20,000 car because it's cheaper to buy the $20,000 car than
19:52
buy the $5,000 car, make it into the $20,000 car.
19:55
You know what I love about it?
19:56
But it's got to be a factory Astro roof.
19:57
It can't be a cut-it.
19:59
That's the most important part.
20:02
You know what I love about those old El Dorados?
20:05
They had these little like marker lights on the front wings, as Grinch would say, right?
20:09
And it would tell you when the turn signal was on, it would tell you when the brakes
20:13
There were little tiny lights that were...
20:14
I probably shouldn't say this on camera because now I'm just jacking the price
20:18
But the reason why I love it is my favorite Aunt Christine.
20:19
She used to take me up and down the boogie down the Bronx and the Bronx were the hard
20:23
And I was on top of the world because my family, we didn't have any money.
20:27
We drove Chevy's and maybe got the Buick's.
20:33
I was listening to Chris Harris' podcast.
20:35
And he's absolutely right.
20:36
He was talking about like how badly lug-jury cars drive these days, how poorly...
20:42
Because what's happened is...
20:49
There was that El Dorado, which is obviously a luxury car.
20:52
And then you had a Porsche, which is obviously a sports car.
20:55
And now we've conflated both of them.
20:58
So I'm here with BMW and we have every M5 Touring, M5, X6M, and they all ride sports
21:10
But they're also luxury cars.
21:11
They are luxury cars.
21:14
I was just on the Bentley program, so I was driving all the Bentley's.
21:18
The Bentayga of the Continental.
21:22
And they all ride pretty rough compared to that El Dorado.
21:26
You know what the best luxury car made right now?
21:32
That does ride well.
21:33
Drives like a luxury car.
21:35
It's a long ass wheelbase.
21:38
The EV Porsche system is garbage.
21:39
It crapped out on me twice.
21:42
It's getting replaced by the six pack.
21:44
Which I'm excited about.
21:45
But the thing is, I love the proportions of the car.
21:47
I love the look of the car.
21:48
And I love the way it drives.
21:50
It's not a muscle car and it's not a charger.
21:53
Anyway, so we know who you are.
21:54
You know the Hellcat's coming back, right?
21:57
The only thing that he hasn't put on the table yet is the Pacifica.
22:03
Everything else is going to get Hellcat.
22:04
They are literally getting a shoehorn out and it'll get in there, I promise you.
22:08
But here's my question before we get to this.
22:11
You're going to re...
22:13
He said he wanted this to be a very factual number of podcasts.
22:16
You're so knowledgeable.
22:17
I love your insight.
22:18
So that's what I'm asking.
22:19
So they're going to take all this stuff off the shelf over at Stellantis.
22:24
And they're going to shoehorn, hemmies and Hellcat engines into everything.
22:30
Are people going to care?
22:31
I mean, one of my favorite trucks we ever owned was a TRX.
22:35
But I wouldn't buy it again.
22:36
I've been there, done there.
22:37
Why would I want to go down that road again?
22:39
I kind of feel like, yeah, everybody's asking for it.
22:42
But when they actually do it, will people buy it?
22:44
Because it's something that has been there and has been available and the reason...
22:49
You think people will just buy enough?
22:51
If you're going to put a Hemi in a modern day charger, Coke bottle design charger, people
22:57
are going to buy it.
22:59
You know what's selling?
23:00
Not the TRX, the RHL.
23:03
So I'll tell you why.
23:04
I don't think it's going to sell.
23:08
I'd love to know why an old man thinks it's not going to sell.
23:09
Oh, God, just stop with the old man.
23:12
You're worse than Nathan.
23:13
But here's what I don't think it's going to sell.
23:15
We buy all of our cars from this giant truck dealership in Brighton, Johnson Auto Plaza.
23:22
They also sell Dodge products, they also sell Chevy products, they also sell Jeep products.
23:28
And I remember every time I go there, there's a line of chargers and challengers.
23:34
Chargers and challengers from like 2023 that are sitting there unsold with Hemmys or
23:42
Are they all red eyes?
23:44
No, no, they're not Hellcats, they're either the Pentastars or they're the Scatpac, which
23:51
has what, the 6.4 in it.
23:53
But I think people just got tired of them.
23:55
They were just like, they had their moment in the sun and you can't go back to that
23:59
moment in time, right?
24:00
I remember when the Hellcat came out, it was so exciting.
24:03
But that is an older design.
24:05
You're not taking into account that this is a new design, it drives differently.
24:10
I think it will appeal to more people.
24:12
The big question is, what will their pricing be?
24:15
The pricing has gotten like, I was blown away when they sent that car to me, I thought
24:21
I got the blue with the demonic, $87,000.
24:25
And now I spoke with one of the Stalantis, you know, the guy with Scott, great dude,
24:32
distilled that 6-packs not going to be cheap, 6-packs going to be 60 grand plus
24:37
once you add in all the stuff.
24:39
And yes, I get it, it's 500 horsepower, but you're going to tell me that someone is
24:43
going to say, let's take 73 grand as the average price of the car, the transaction price for
24:50
all the stuff you want on it.
24:51
You're going to buy that or an M3 or an M4?
24:55
Probably neither, but I see what you're saying.
24:57
If I had to choose between those two, I'd probably go with the BMW.
25:01
I can't feel like I've been there done though, you're putting old tech back
25:08
The charger challenge here is different, but let's look at the RHO.
25:11
This is your EV side coming out.
25:12
Do you know the RHO?
25:17
They kind of jazzed up the interior, made it a little bit nicer.
25:21
The suspension all changed.
25:23
It's no different than a TRX.
25:24
It's just kind of a little bit less power.
25:25
That's the point is the TRX was a lesser engine.
25:27
Right, and now they're going to put the bigger engine back into it.
25:29
I'm like, okay, I've been there done that.
25:31
I disagree with you.
25:32
At least give me like a hairhorse power.
25:35
I think there is an opportunity where you do cars like that, but you right size the supply.
25:42
And that's what's wrong.
25:43
This is kind of the headline of the whole industry.
25:45
No one's right sizing supply.
25:46
Are you saying having supply and demand match?
25:49
Is that what you're saying?
25:51
Right size instead of just cranking cars out.
25:52
Kind of like back in the day, once when the virus hit.
25:56
And then all of a sudden they canceled their programs.
26:01
They said, we're going to lower our forecast.
26:03
They not only went to Wall Street and said we're going to lower our forecast.
26:07
They very critically went to their chip suppliers and said, we're having our forecast.
26:13
We don't need those chips.
26:15
And chips are the kind of thing where it's like steering the Titanic.
26:18
You need to know years in advance of what your supply is.
26:22
And then they were forced to right size their business.
26:25
And then what happened?
26:26
Transaction prices went up.
26:27
Now granted, that was an over correction.
26:29
So transaction prices went up too much.
26:32
But as things started coming online, Toyota was a perfect example.
26:35
They did right size their business at exactly the point where it was equilibrium.
26:42
So they could maintain transaction prices at MSRP, not over, not under.
26:47
And that makes for a healthy business.
26:49
I mean, but American automakers have always overproduced.
26:55
But the big three have always overproduced and then they have, especially in the truck
26:59
road, and then they had to have put the money on the hood to get people to buy them.
27:04
So even today, you can go to your local four dealer and pick up an F-150.
27:09
We just bought ours at employee pricing.
27:11
And it was $8,000 off the sticker.
27:13
The sticker actually was like $7,000.
27:16
The sticker was like $69,000.
27:17
We bought it for $63,000.
27:18
So why chase volume and try to fill your factories, basically keep the factory lines
27:27
Why not light size the supply?
27:29
And then you have a healthy, well, yeah, it is unions.
27:32
Why not have a healthy business?
27:33
You've got these contracts with unions.
27:34
That's what we're going to get into.
27:35
You want to talk about tariffs and all this stuff.
27:37
There's a big function of that.
27:39
But at the end of the day, right sizing supply is a function of we have to look at
27:44
what is our supply?
27:45
We have to look at what are our employee costs?
27:48
How much, how many resources do we need in terms of like floor square footage?
27:53
All of that has to be taken into account.
27:55
And then all of a sudden you change your business from something like Ford where they oversupply
27:59
or undersupply to something more like Subaru where they kind of hit the market and I'm
28:06
I know you got your head handed to you by Subaru.
28:08
You put out that video and I love that it was opened with Nathan and then Subaru
28:16
What are you doing?
28:19
But you know what they deserve because they're idiots.
28:24
Who do you, the people you, the one outlet you're not going to give a Subaru to is the
28:29
one that's based in the Rockies that's known for trucks that literally put truck trend out
28:35
That makes no sense.
28:37
It's kind of crazy.
28:39
I normally don't say nice things about you but that's a business case.
28:42
I feel like my bottom line with Subaru at the end of the day is you know they
28:46
need to sell Subaru's.
28:48
We don't need to review Subaru's.
28:50
You know we've done just fine.
28:51
I don't review Subaru's for 10 years and if they want to give us one I would love, I
28:57
would be happy to review it.
29:00
Over the last 15 years we have sold I would say hundreds of thousands of
29:05
You've got to know where you actually, you've written your own check for a
29:09
Subaru just to kind of move the point.
29:11
But I'm saying you know I'm here.
29:15
People come up to me and the first thing they tell you is I bought my whatever it
29:19
I get that all the time.
29:20
I don't get it with Subaru as well.
29:22
Our reviews, and if Subaru doesn't appreciate that and they'd rather have smaller, less effective,
29:31
Because the other thing that we do, I think, I'm going to kind of pound my own chest here,
29:35
which is hard, right?
29:36
And you do this too.
29:37
It's hard to pound your own chest?
29:39
No, you almost got killed doing this.
29:41
What we do, right now, the big trend on YouTube car reviews is you stand in front of the
29:45
car and you point at things, which is fine, which is fine.
29:48
There are people who are very good at it.
29:50
I'm not good at it.
29:53
But what we do is we actually take the vehicle and we use it the way that the consumer would
29:59
Walk around as opposed to actually going in the car.
30:01
So with a truck we tow, we haul with an off-roader, we take it off-road, we put it in danger.
30:05
I do living with episodes.
30:10
It takes a lot of time.
30:12
Manufacturers don't love it because you're using the car, you're potentially damaging
30:17
Obviously, we don't damage them.
30:19
You're putting it potentially in harm's way if you're taking it off-road.
30:26
So I'm very proud of the team for doing that.
30:29
And the upside of that is when the vehicle says it does something that actually does
30:32
it, then people are like, wow, I can take my Subaru and actually take it into the
30:37
mountains of Colorado, or I can take my truck and tow 10,000 pounds with it, and that's
30:42
And that's why people watch our reviews to make their mind, this is just anyway.
30:45
Let's go back to classic cars.
30:46
I want to make a huge point here, though.
30:47
I thought you brought up a very big point and we can't drive past this.
30:53
Did you almost got killed?
30:54
I almost got killed.
30:55
People are wondering about that, I bet.
30:56
Well, people, while they can click on it, well, maybe you can give them a link to
31:00
Yeah, I'll put a link where he almost got killed here.
31:01
I met the front end of a Tesla and had to get an extra two months of quarantine
31:06
When you were reviewing a Gullwing.
31:10
That's the only reason why the door wasn't ripped off, because it was a Gullwing.
31:14
It's a hell of a story.
31:15
It's a hell of a story.
31:17
So, huge point here, and this is a differentiator of kind of what you, and to a lesser extent
31:23
what I do, you kind of got away, you still do the reviews because you have so many channels,
31:29
but you've kind of gotten away from doing the reviews, and I think that is what has
31:35
galvanized you by doing these like, I love you, man, but driving to the top of
31:41
Alaska in an electric car is the dumbest idea on the planet, but it made for views.
31:47
Or you sitting in a car with Nathan driving across the country.
31:50
Or driving a touch-er with Nathan across the country.
31:52
Just being anywhere with Nathan is a problem, but to be in a car for 48 hours with him.
31:57
I don't allow him to smoke cigars.
32:00
We think this we joke, but it's that evergreen content that does the best.
32:04
For me, I piloted the Goodyear Blimp.
32:08
This episode is 16 years old, and it still does crazy views.
32:12
I built the concept car from start to finish.
32:14
Still does crazy views.
32:19
You do these TFL off-road, like when you and I first met, you came to me, and I'll
32:24
never forget it, you go, I love those Moto Man minutes you do, and what did I say back
32:29
Don't recall, sorry.
32:30
I said, I'm jealous of you because you have a lock on the Rocky Mountains.
32:36
You're the only one doing it.
32:37
Yeah, well, there are a lot of other YouTube media outlets in the Rocky Mountains.
32:43
There's some in Salt Lake.
32:44
Yeah, the everyday driver guys, we're trying to know those, yeah.
32:46
Anyway, let's talk about auctions.
32:48
So what's happening in the auction?
32:49
I kind of feel like the market used to be very settled, and now it's very unsettled.
32:54
Well, it depends on the car.
32:55
So we literally, you can see that I love me some fancy catalogs.
32:58
So this is Broad Arrow, which is a Hagerty company.
33:02
And then this is RM.
33:03
I think they're one of the best at this still, and then there's Gooding.
33:07
Is Hagerty going to take over the entire world now?
33:10
They have taken over the class.
33:11
They're buying everything.
33:14
He's seen a deal he doesn't like.
33:15
I think that's what it is.
33:17
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33:21
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34:15
Anyway, so a couple things happen, I want to point out a couple things, give you actually
34:21
Last night I went to the Gooding auction before I started the Mercedes party.
34:25
He was, this guy's hobnobbing with CEOs, meanwhile I'm doing the work and going into
34:30
the auctions and seeing what's really happening in the market.
34:32
I have not hobnobbed a single seat.
34:34
That's why this guy has like 85 cars and I have one.
34:38
Your car is worth more than all my 85s combined.
34:40
Okay, that's a little point, yeah.
34:42
So I went there, okay, couple of cars were up on the block.
34:46
Number one, a 246 Dino.
34:49
This is, okay, I'm not a Ferrari guy, but I love the way they look.
34:53
Dinos were like for the longest time.
34:55
They were worthless.
34:56
They were worthless.
34:57
You could pick one up for like 20, 30K.
34:58
And then during the virus, they went to 600,000, like you got to have your
35:01
600,000 for a Dino, when for 500, you couldn't buy a Daytona.
35:05
People are probably like, you idiots, you're talking about half a million dollars.
35:10
Get this, last night, black on red, with the right options, take a guess how much it went
35:17
So you're saying that they went up to like 600,000, so.
35:19
They went to 600 over the virus.
35:22
So what do you think they did?
35:23
I'm going to say a million now.
35:26
But at the same auction, a couple of racing Porsches didn't even bring reserve.
35:32
You and I both drove the exact same car.
35:35
Race cars are rough.
35:36
No, no, these are like, they're not, these are race set up, they're street cars.
35:40
Okay, our street cars.
35:42
You and I both, in 2021, drove the exact same STO.
35:46
We were on the different waves of the same car.
35:48
How much did STO go?
35:49
That car you and I drove was 375 grand.
35:51
How much did you think it?
35:53
Dude, there's one parked in front of my hotel right now, in STO.
35:55
How much did you think it?
35:58
How much did an STO go up?
36:00
So those were what?
36:03
Was that blue heritage livery car we saw?
36:07
I'm going to say it went down.
36:09
I'm going to say it went to maybe 250.
36:12
Man, you're a clairvoyant.
36:16
That's not even base money for the Otacon back in the day.
36:20
So I, well, once again, I kind of feel like I'm sometimes ahead of the trend.
36:25
I'm really tired of race cars for the road.
36:27
I'm just really tired of race cars.
36:29
Can I date you here a little bit?
36:33
I think it was an 87.
36:36
560SEC AMG, 6 liter wide body.
36:42
What do you think that went for?
36:44
It was in beautiful shape.
36:45
It's a beautiful car.
36:46
I think it went for a lot.
36:51
I don't know that much.
36:52
So a regular one is probably worth like 10 to 50, depending on the amount.
36:56
I'm going to say 150.
37:01
I'm going to bring these numbers up.
37:02
It's not like the market, oh my God, the market is so healthy, or oh my God, the market's in
37:07
It depends on segment, depends on the sector you're looking at.
37:11
I also feel like...
37:12
It's gotten more segmented, and I believe it's gotten more segmented because there's
37:15
more places you can now sell your car.
37:19
Here's my belief, and this is, I'm good at like the big picture.
37:23
You're much better at the specifics.
37:25
So I don't know specifics, but here's my big picture.
37:28
And I just, I'm using this because of me.
37:31
I feel like one of the reasons we bought the 94 Viper, and the Viper's are weird, right?
37:35
The older they are, the cheaper they are.
37:38
Usually the car is the older they are.
37:39
I love how that car looks like it's built in a shed.
37:41
It is built in a shed.
37:43
Well, well, now that factory's a shed.
37:45
Anyway, here's the thing.
37:47
I think people are really starting to crave the analog experience, and I know that,
37:51
and I know that a little bit because people are manual swapping Ferraris, people are
37:56
manual swapping Murcielagos, right?
37:58
They're swapping because they crave this like connection with the car.
38:03
And so the more screens that people, that modern car makers put into cars, I think the
38:08
more those classic cars that really feel like you're part of the machine, right?
38:15
You know, when you're like, you're not like electronically tuned in, you're actually
38:19
physically part of the machine.
38:21
You're moving the big gears around, you know what I mean?
38:23
You feel all the mechanics.
38:25
And I think the more screens you have, the more those cars are going to become valuable.
38:29
I'm going to give you a caveat with, I'm going to give you a, I'm going to agree and disagree
38:35
And I'm going to give you a ridiculous example of, once again, people are going to laugh
38:38
at us like, look at YouTube jackasses, you rich dudes, you guys are idiots and out
38:48
Have you seen this thing?
38:49
I haven't seen it, but I've heard it.
38:50
I mean, I've seen it on video.
38:51
I went and shot it.
38:54
It's not a Bugatti gun.
38:58
So when he says Turbion.
38:59
The watch movement.
39:00
It literally is a Swiss watch.
39:02
It's a bouquet of Swiss watches.
39:04
I wish I used that term in the episode.
39:06
It's a bouquet of Swiss watches, even down to the battery meter, okay?
39:12
And then it sits as your IP.
39:15
There's only one screen in that car.
39:18
It's only there for the reverse camera, which is mandated by law.
39:22
Anything else is toggle switches.
39:23
It's like getting into the Luftwaffe.
39:27
You have toggle switches above you.
39:32
And the reason why I bring it up is not because, oh my God, a $4.6 million car is now analog.
39:38
I bring it up because that's where the style is set and it's going to cascade down.
39:45
I think the folks at Lamborghini are going to do it next.
39:48
And I'll go so far as to saying, I had the guy...
39:51
I'm sure they're going to do it.
39:52
You and I both were interviewing.
39:54
I had the guy who runs Lamborghini and I asked him point blank about...
39:59
How do you deal with timelessness?
40:04
And he says, I think we've gotten to the point where we've got too many screens in
40:09
Glad I'd admitted that on camera.
40:12
I think they're there now.
40:13
But before we continue with this old man grumpy-ness, you've got some big
40:20
I do have some very big news to share.
40:21
I'm making some huge changes with my business and my channel.
40:25
So as you guys may know, I started my channel Moto Man TV 16 years ago.
40:30
That's kind of when we met.
40:31
You started around the same time.
40:33
And we had very, very explosive growth very early on.
40:37
And then things kind of plateaued and we've had like very slow growth since then.
40:43
And I've gotten to the point where I love what I do, but I realized I didn't
40:46
love the way I did it.
40:48
Because I made some very significant changes.
40:50
We are moving Moto Man TV.
40:52
So we're moving it to what I'm calling the M-M-T-V network.
40:58
I like the L-M-M-T-V.
40:59
So it's a lot easier.
41:00
It rolls off the tongue.
41:01
It rolls off the tongue.
41:05
So we're going to segment everything.
41:06
So instead of putting everything on one channel, the goal is let's put
41:10
reviews over here or moving car episodes over here.
41:14
And then we started, and if you're aware of this, we started a podcast back
41:18
I remember inside the Moto Man Studio.
41:20
And I was at the Peterson Automotive Museum.
41:23
You were ahead of your time.
41:24
That was way ahead of my time.
41:25
And we did that live.
41:27
And then we put it up.
41:28
You were doing podcasts on YouTube before people were actually, it was a thing, basically.
41:32
I was the one first putting cars up on the rack.
41:34
And now everybody else copied me on that.
41:36
It's a lot of firsts.
41:37
But the point is I wanted to have fun with it again.
41:40
You're welcome, Savage Beast.
41:43
You're welcome, Mark.
41:46
I've told him to his face on camera that he is the ear of the car review world.
41:52
You know I love you.
41:53
Oh, he and I also, we're both, we don't like that.
41:56
We're both agree that we're, we don't like that.
41:59
Anyway, the point is-
42:03
And Jack, great guy.
42:04
I can't say no to him.
42:05
I love the Chicago connection.
42:06
Anyway, so we're changing and we're moving everything.
42:09
So the podcast is not only coming back, it's going to be a completely separate show
42:13
and it's going to be a show that will go on in perpetuity instead of we do these ten
42:19
So there'll be MMTV cars, MMTV podcast, and then we're going to do something a little
42:25
bit different because I'm not a big fan of vertical video and we've admitted we're
42:32
I am going to change things up a little bit.
42:35
Hey, you're the old fart man.
42:38
I learned my lesson from, so I learned my lesson.
42:41
We didn't jump on Instagram when it came out and then we tried to kind of build an audience.
42:47
And so when TikTok came about, we were right on it, so that's how we got 1.3 million.
42:52
Now it'd be impossible.
42:55
It'll be gone tomorrow, maybe, but at least we were there.
42:56
So what we're doing is we're segmenting out different shorter content.
43:01
And notice I say shorter content.
43:03
Horizontal shorter content?
43:06
Each one of those channels.
43:07
So you'll have MMTV cars.
43:08
This Bugatti tourbillon.
43:10
Are you hiring a staff?
43:11
Because this is a lot of work.
43:13
I got hired two guys.
43:14
I figured you'd have to.
43:15
It's a lot of work.
43:16
Because at the end of the day, when I said the big reason I'm doing this and I didn't
43:19
like the way I did it, one of the big reasons I didn't like it was I was just barely keeping
43:23
up to try to feed the beast.
43:25
And as a result, I wasn't having fun with it anymore.
43:29
And so now this guy, I've hired these two guys, Josh and Brett.
43:34
Brett has done amazing.
43:37
His vision for the post-production, like for example, the Revuelto episode, we were doing
43:43
the planning for the episode and I was talking with some folks at our cigar lounge.
43:47
And they were telling me, like, do you know what Revuelto means?
43:53
Well, they'd name them after a bowl.
43:55
But what they didn't realize was in Spanish, it means scrambled eggs.
43:58
Hey, do you think that these European, I'm going to call them weasels, are actually
44:05
naming these cars on purpose in such a way that they're hard to pronounce?
44:08
I mean, at one point, like a Ferrari GTO is cool, because it's GTO.
44:12
Yeah, but they're running out.
44:13
And now you've got-
44:14
Man, Virginia is running out of names of bulls.
44:17
That's a horrible name.
44:19
I mean, you know, Dolce Cilindri, why not just call it a 12-cylinder?
44:23
Or how about the Bugatti Chiron or the Bugatti, what's the latest one?
44:28
I think someone just gets themselves wound up and they get stuck with a name and
44:33
I think that one was introduced here, right?
44:35
The new Lamborghini, the yellow and black one.
44:38
Oh, the phenomenon.
44:40
But it's spelled a different way.
44:43
So, this Revuelto thing, it was scrambled eggs, so it was like, how do we do the open
44:48
Because what we're doing as part of the episodes, one of the things that we did change was
44:52
the production quality was already very high, and now it's to another level.
44:55
Because I'm going in a different-
44:56
I know you and I disagree in that area.
44:57
So, what I'll do is I'll link to those channels.
45:02
If you want to go check it out, just click on the link.
45:04
So, Brett took that episode and he turned it into this.
45:08
He literally brought the picture, it had a picture of the actual Revuelto, though,
45:15
He brought the Bull back to life and the Bull is fighting a matador while I'm driving
45:20
the car at the opening of the episode.
45:23
He could do that now, AI.
45:24
It's amazing what Brett did.
45:26
And then I've got Josh, who understands the concept of short content.
45:31
When I say short content, we're not just doing vertical.
45:34
We're doing vertical in a way that we're participating, but we're not trying to be like everybody
45:39
And then on top of that, we're taking, like, we're doing as long as-
45:41
So, you're not doing the little dances?
45:42
Is that what you're saying?
45:43
No, that's you and Tommy.
45:45
We're taking the content, like, for example, I sat with Bob Lutz for an hour and a half.
45:50
So there's two bits.
45:51
And then cutting it up.
45:52
We're cutting up and putting in clips.
45:53
But Doug does that from his podcast.
45:57
Yeah, it works, yeah.
45:58
That's kind of a common thing.
45:59
So, in other words, congratulations.
46:00
I think the biggest-
46:04
I'm very slow with change.
46:07
I'm very happy with the change thus far.
46:09
And we're excited to share it with everybody, and we'd ask you guys to come and subscribe
46:14
or re-subscribe and click notifications and share it on Reddit, do all that kind of stuff.
46:20
I think the best way to describe it is, previously I was playing Not To Lose, now I'm playing
46:26
That's a good strategy.
46:28
I'm going to steal this next segment.
46:30
We don't have segments, but I'm creating one.
46:32
So Tommy does this little podcast called Carish.
46:35
Oh, with the girls?
46:36
Yeah, with the girls.
46:38
And they do this thing like, what grinds your gears, right?
46:40
And I've been thinking about this, and this grinds my gears.
46:42
I wanted to get your take on it because you're the perfect man for this.
46:45
Because I'm grumpy?
46:47
Because you understand this world, which is kind of not my world for the most
46:51
So as you know, over our tenure, Ford has done several expensive exotic cars.
46:57
There was the GT, right?
46:58
Then there was the second-generation GT, and these came from them being Ferrari back
47:04
And these cars did very, very well, right?
47:07
Because if you bought a GT and you sat on it, you probably doubled your money in a very
47:12
If you bought the latest GT, which was EcoBoost's same thing, I think those went
47:14
out for like $4.50, and now they're selling for like $7.50.
47:16
It was starting at $3.50, and then ultimately they got as high as $6.65.
47:21
So now Ford has a Mustang GT-D.
47:24
I was watching the video, and this came out a few weeks ago, and the first person to
47:29
drive it was Max Verstappen with Chris Harris.
47:33
Love Chris Harris, incredible automotive journalist, just knows cars backwards
47:38
He's a talented driver.
47:40
Verstappen is arguably the best driver in the world right now, from no one, obviously.
47:45
I'm known in fact about Chris Harris.
47:47
He puts his dog at his GT3, a major respect for that.
47:51
But here's the part that kind of grinds my gears.
47:55
For a hundred years, Salem's Elsinore Theatre has been the stage for unforgettable nights,
48:00
music that moves you, comedy that makes you laugh until it hurts, performances that spark
48:06
The Elsinore has attracted vast audiences bringing outstanding live entertainment to
48:10
the community and created lifelong memories.
48:15
Step inside and make your own memory in a theater as beautiful as the experience
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It's coming next at ElsinoreTheatre.com.
48:23
That's ElsinoreTheatre.com.
48:25
Name me a company that has such a spread in terms of the bottom of the market, the same
48:31
model to the top of the market in terms of MSRP.
48:34
So when they did the GT, I was fine with it.
48:36
But now you're taking what is essentially the quintessential American you can call
48:39
a pony car, muscle car, sports car, whatever you want, and you're turning it into something
48:43
that the thing was never meant to be.
48:45
And to prove that, you've got Europeans actually being the first to drive it and
48:50
And that just bothers me the wrong way.
48:51
I kind of feel like Farley is trying to compete against your car, the GT3, which is fine.
48:58
But I'm like, you know, the Mustang has this incredible heritage, right?
49:02
It goes back to 64 and a half.
49:04
And now, base Mustang is what, 45,000, 40,000, something like that.
49:09
And I've got this GTD that's probably when you configure it, 400,000.
49:14
Name me another car that has that spread in the same model.
49:17
Totally disagree with you.
49:18
You see what I'm saying?
49:20
I mean, I don't get it.
49:21
No, you don't get it.
49:22
You don't understand what's happening.
49:23
All right, so explain it to me.
49:25
You need to think about it as there's Ford's truck business, there's Ford's crossover
49:32
business, and then there's Ford's Canadian business.
49:35
These are not American cars.
49:36
These are Canadian cars.
49:37
Yeah, so the GT is built by Multimatic in Canada.
49:41
The GT was built in Canada, too.
49:42
They also build the shocks for Formula One.
49:44
They build the shocks for GM.
49:45
They build Aston Martins.
49:46
They build the AMG-1.
49:47
They do a lot of things.
49:48
They also build stuff in the UK.
49:49
They build the shocks from your, what, your AT-4 or something like that.
49:54
So these guys, they know right.
49:55
Larry over there, man, that guy is amazing.
49:57
Anyway, what they're doing is building a GT3RS competitor, which you commented on.
50:05
And what they're saying is, we want to build a halo car.
50:08
It just happened to be they made it sort of look like a Mustang.
50:12
It's not a Mustang.
50:13
It's not connected to a Mustang.
50:15
It's a completely different platform.
50:20
But it's not a Mustang.
50:21
And that's where you're missing the point.
50:25
So why call it a Mustang?
50:27
Why call it a Mach-E Mustang?
50:28
That's what I was going to go.
50:29
They went down this road.
50:31
It pissed off the people.
50:32
It pissed off a lot of people when Ford called an electric car a Mach-E because they
50:38
drew on the heritage of the Mustang.
50:39
Do you remember for like three minutes, the second best-selling EV, very close
50:44
to Tesla, was the Mach-E when it came out?
50:47
It was, but I've talked to so many of our viewers now, and I've read so many comments
50:53
who are just rubbed the wrong way.
50:55
They won't even give that car a chance because it's a Mustang Mach-E.
50:59
If they hadn't called it an electric, which is also a Ford, makes sense, right?
51:06
Then I think it would have had kind of a neutral.
51:08
But because they tried to tie it to the Mustang heritage, it just rubbed a lot
51:14
of people the wrong way, kind of like the GTD rubs me the wrong way.
51:17
I just don't feel like that's a Mustang.
51:19
Call it something else, but don't draw upon that heritage of affordable American
51:24
pony-muscle sports cars and then have European journalists review it and have
51:29
the guys here at Pebble Beach must after it.
51:32
It's a whole different thing, which is fine if that's what Ford wants to be,
51:35
but I don't think that's what Ford is.
51:38
I think Ford is trying to build a halo car.
51:41
That's the point you're missing.
51:43
They don't call it a Mustang.
51:44
And they have sold every one of them.
51:45
As it is, they have to do the same reservation system.
51:48
They do it with the GT.
51:50
Can I have the car?
51:52
May I please be worthy of it?
51:54
This is the other thing that bothers me the wrong way.
51:56
I hate the fact that Ford is building cars that you have to go and basically
52:00
beg Ford to sell you.
52:01
Fortunately, that's what you have to do to get the speculators out of the
52:05
There is something just inherently weird about that.
52:06
As a Porsche guy, it pisses me off that you literally can't walk in and
52:14
I have one now, but people don't realize, I had to campaign for eight years to get
52:19
I know how that game is played, and I refuse to play that game.
52:25
And I'm probably poor for it, or maybe not.
52:31
Because let's say you do finally get that allocation.
52:33
The fact is the market value of that is greater than the allocation
52:36
still, or for a long time has been.
52:38
So after the two years, you mark my words, the cars will
52:43
I don't think it's going to go up as much as the GTs, because the GT was this
52:46
exotic thing, and it has this racing heritage.
52:50
I do think you are correct in that, okay, the naming impacts it.
52:56
It'll impact it on the resale end of it.
52:58
That's where I agree with you.
52:59
And then at the same time, which makes it even more interesting, you've got
53:02
this twist where Chevy now is coming out with the Corvette that you can buy without
53:09
You don't have to get a special allocation.
53:10
You do probably have to pay if you want to be first.
53:12
You have to pay a premium, right?
53:13
You probably have to pay some kind of dealer overage.
53:15
Well, the first ones were, they made 325 in the 2025 model years.
53:20
So we'll look back and say those will be worth a bit more, because there
53:24
Because they had that order.
53:25
I don't know how much of a deal.
53:26
But you know, it's funny.
53:27
I was talking, I was out.
53:28
I did my annual cars in my yard party at Bob Bonifaces.
53:31
I do an episode on that every year.
53:33
And I was chatting with both Phil Zack, as well as the newly
53:37
minted chief designer, Brian Nesbitt, who, fun fact, he was the designer of the PT Cruiser.
53:44
And now he runs design.
53:45
He's all grown up now.
53:46
He runs design for one of the biggest car companies in the world.
53:49
Huge congratulations to Brian Nesbitt, great friend.
53:51
Anyway, we were chatting and it turns out those cars are not numbered.
53:55
They're not going to do limited run on ZR1, ZR1X, however, the supply is constrained
54:01
because the motor takes so much effort to make.
54:06
So they can't wake up one day and at the point now you were telling me that you have a ZO6
54:11
on order and now you can get a discount because they crank a lot of them out.
54:15
They won't be able to do that with a ZR1 because of the engine.
54:18
Yeah, but if they stay in that typical American car pattern, at some point, supply will reach
54:27
demand and exceed demand.
54:29
It happened with the ZO6, right?
54:31
It goes back to what we were saying about right sizing, supply and demand.
54:35
The reason you can get a ZO6, when the ZO6 came out two years ago, whatever, three years
54:40
They were a sticker, yeah.
54:41
Yeah, they were a sticker and now you can get them at 10 under sticker.
54:42
I think unless something drastically changes in the world, GM will build as many C8, ZR1
54:49
and ZR1X as there is demand for.
54:52
I don't think they're going to do that.
54:54
You don't think so?
54:55
You think they're going to do that?
54:57
I think there is a lot of truth to the engine itself as it is labor-intensive
55:03
and I honestly don't think they make as much money on it as percentage-wise as other Corvettes
55:10
because of the labor that goes into some of the manufacturing.
55:13
Well, compared to, if you just look at the stats on it, 1,250 horsepower for the ZR1X.
55:19
Did you go drive it?
55:21
No, I haven't driven it.
55:23
I'm dying to drive it.
55:24
They didn't love either of us for that one.
55:26
Mark got to drive it.
55:28
Mark sat in the passenger seat almost throughout.
55:32
They're doing rides right along, this is GTD today, so if you want to go ride along in the
55:36
GTD, you could go do it.
55:38
Yeah, they got them out in front of the hotel here.
55:40
Yeah, so you can go do a ride along at Lugunaseka, Weathertech Lugunaseka.
55:44
Are you going to do that?
55:47
I learned my lesson when the LFA came out.
55:50
I did a ride along and everybody in the comments was like, what's the point of
55:54
Oh, there's no point.
55:55
There's nothing you can tell us.
55:57
I don't get that at all.
55:58
We don't do ride along.
56:00
So it's half the price of what a similarly priced European supercar or hypercar would be.
56:09
We're back on the GTD.
56:10
No, we're talking about the Corvette.
56:12
The GTD is a whole different thing.
56:13
But the Corvette, right?
56:14
How else are you going to get a 1,250 horsepower car at 200,000?
56:19
So here is my question to you.
56:20
You know what was sad, too?
56:21
I'll tell you what was sad.
56:23
They had the supercar paddock, probably 100 cars in supercar paddock, two American
56:29
GTD Corvette, that was it.
56:34
That's why we need the GTD.
56:36
We need more of that.
56:37
Unfortunately, American car manufacturers have gone the way of we need to make nondescript
56:44
Well, everybody's gone that way.
56:45
Whether it's Lincoln, a Cadillac, or it's a Chevy, a nondescript crossover, and
56:48
that's just not a good idea.
56:50
Anyway, I cut you off.
56:51
You were saying that.
56:52
I forget what you were saying, but you were saying something important.
56:54
So cars like these, ZR101 X GTD.
56:58
It's not, there's no math that works.
57:01
There's no logic that works.
57:03
It's all about desirability.
57:06
And to some extent, I can get one and you can.
57:09
Yeah, kind of like watches, although I'm more about the design of watches and I'm a buy
57:17
I don't sell my watches.
57:18
I still have, so my first Goodwatch, this is a full of fun fact, my first Goodwatch
57:23
I still have, it was the watch I was wearing when I got mowed down by the Tesla and
57:27
it is just mangled and it's an old watch company, Sektor, nothing that fancy.
57:32
I can't get any parts, but I still have the watch.
57:34
I refuse to get rid of it.
57:36
Well, it's a milestone, not a good one, but it's a milestone in your life.
57:41
It was the nicest watch I bought it when I first watched.
57:45
Anyway, desirability.
57:48
Which do you think is more desirable, the VET or the GTD?
57:55
I think for most people, the VET is attainable, whereas the GTD is unobtainable.
58:01
So the question is, what's more desirable, unobtainable or something that you can do
58:06
I don't mean from market forces.
58:07
Let's try to take that out of it.
58:09
Just look at the two cars.
58:12
Maybe don't even think about the dollars and cents involved in the performance.
58:16
Just look at the two cars.
58:18
Which is more desirable?
58:19
I would rather, to me, once again, GTD, race car for the road.
58:23
To me, I would agree, and I'm not a Ford guy.
58:26
VET is a road car that you could take on the track.
58:30
Even the ZR1-X, it's still a road car, so for me, the road car is more desirable.
58:36
And from a design point of view, I know a lot of people-
58:38
From a design point of view, so you're saying the ZR1 is more desirable to you.
58:43
I would also argue that the ZR1 is kind of brutalistically styled.
58:50
There's a lot going on and a lot of people don't like it.
58:53
You look at a Ferrari, it's very elegant, it's very shapely.
58:56
The ZR1 has all these lines.
58:58
But I kind of like it.
59:02
I kind of like that jet fighter inspired over-the-top styling of the Corvette.
59:10
See, this is no shade to our friend Phil Zach, who is a good friend.
59:15
I think the Corvette's beautiful.
59:16
I think it's a little busy on the lines, a little too many lines.
59:19
But I do think it's a wonderful looking car.
59:22
However, from a desirability standpoint, for me at least, the fact that there are less-
59:31
There are going to be less of those GTDs.
59:33
The fact that the GTD is just so wild looking.
59:36
And the fact that it's more organic, like you can see inside of it, it's got these
59:40
weird vents and flares and the way the wing works because of the aerodynamics.
59:46
It's just, I think so, it's purposefully, it's ugly but handsome at the same time.
59:55
Alright, here's a question for you, alright?
59:57
And this is more of a financial question.
00:00
Don't get into debt.
00:02
No, no, no, no, no.
00:03
We're talking about cars, broken in.
00:06
Let's say that you sell your car, the GT3, which is worth more than you pay for
00:12
And then you have a choice.
00:15
You can either buy a GTD, or it says here, you don't need an allocation.
00:19
Or Chevy comes to you and says, we'll sell you a ZR1X at Sticker, which is the one that
00:26
219 or something like that.
00:27
The one that was here.
00:29
Yeah, that was 247.
00:31
Top, most desirable, and that's a limited production one.
00:36
So you could spend, let's say, 250,000 on the Corvette, or you can spend, you're
00:41
going to have to spend at least, I'm going to say, 350,000 on the GTD.
00:44
And that's going to be for like a base one.
00:46
You might have to go 400,000.
00:48
So which of those do you buy?
00:52
And you think in the long run that will also be more valuable?
00:55
No doubt in my mind.
00:58
Because it's limited production?
00:59
I think, and you know what, we can even put a pin in this and look at it in a year,
01:06
I was really two years because that's how long you have to keep the car.
01:09
I think the GTD market will be exactly tied to the GT3 RS market.
01:14
I think percentage-wise, the cars will appreciate exactly the same way.
01:18
And let's say there's some crazy crash in the market.
01:21
There's a lot more GT3s, a lot more.
01:25
There's more demand for a car like that around the world.
01:29
So the reason why like go-wings are so valuable is because there's so many people,
01:33
you can sell that car in any country in the world, and there's people that'll
01:37
Do you see the electric one that was here?
01:40
It was at Quail, it was electric.
01:42
It was there when we did the walk-around.
01:44
It took a go-wing and they made it electric.
01:49
It was a character of itself.
01:50
Anyway, the GTD will go up and down as the same market as the GT3 RS.
01:55
That is my prediction.
01:56
I think you're probably right about that.
01:58
Well, you know, we kind of forgot all about the terrace, which is fine.
02:02
I literally had notes about terracing here.
02:05
You know what, let's do this.
02:06
I did racers this morning.
02:07
I threw my girlfriend out of the room and said, get out, we've got to do some research.
02:10
I like, you know, terraces are boring and depressing, and this is a lot more fun.
02:17
I can make terraces fun for you.
02:19
You can make terraces fun for me.
02:20
Seriously, I can make terraces fun for you.
02:22
Sounds vaguely sexual.
02:23
As we're in my hotel room.
02:25
This is very disturbing.
02:34
So let's put a pin in that one.
02:37
And we'll come back to it.
02:38
I don't think it's still too early to actually see what's going on.
02:43
But I can tell you this.
02:45
This has been one hell of a fun episode.
02:48
It had nothing to do with terrace.
02:51
It was a bit of only fans at the beginning.
02:53
Thank you for everything.
02:55
Thank you very much.
02:56
I really appreciate it.
02:57
Click on the link below.
02:58
Check out his new MMTV.
03:01
MMTV cars, MMTV podcast.
03:04
Yeah, make it happen.
03:05
And thank you for, you know, spending some time with me on this.
03:09
Like I said, it was a hoot.
03:11
Always good to see you.
03:31
You don't need to break a sweat.
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With Granger's easy to use website and product details,
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you're confident you'll soon have everything humming right along.
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Call 1-800-GRANGER, click Granger.com, or just stop by.
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