00:05
Hello and welcome to this car pod. I'm
00:08
Ken. I'm Philippa. And there's a lot to
00:10
talk about. Let's start with the news.
00:12
Taylor Swift and Tra Oh, this that is
00:15
>> Mar what do you think they'll leave
00:19
>> This kind of looks like Taylor Swift and
00:23
>> Uh, well, that's an F-150 in a PO 208.
00:27
>> what is our story? The reason they're in
00:29
the news is there was a a uh news item
00:32
earlier this week. So the the European
00:34
Union and the United States are in a
00:36
bunch of trade negotiations because
00:37
President Trump applied a 27 and a half%
00:39
tariff to European goods, 25% tariff to
00:41
vehicles, etc., etc., etc. So they're
00:43
trying to negotiate that.
00:45
>> One of the things to come out of that
00:47
>> is a line in one of the kind of
00:50
potential agreements. I'm being very
00:53
>> direct in my this is a potential thing
00:55
language. possibly is is a line that
00:58
basically says the EU and the US will
01:01
accept each other's safety and emission
01:03
standards. Let me tell you something. If
01:05
no other good comes out of the tariff
01:07
thing and so far no good has
01:09
>> not a lot of good. If no other good
01:11
comes out of the tariff thing that would
01:13
be good if if they harmonized
01:15
regulations the auto it would be so
01:16
great for so many people. would be quite
01:19
something. There's a lot of cars that
01:21
don't come to the US from Europe. Uh
01:23
because well, frankly, there wouldn't be
01:25
demand. Let's be honest. Nobody wants
01:27
the FI Panda here but me. Nobody wants
01:29
the Pidge 208 here but me. But a big
01:31
reason is that they don't want to have
01:33
to meet all of the US safety standards
01:35
and the US emission standards. Now, to
01:37
be clear, they're not necessarily more
01:38
stringent. They're different.
01:39
>> It's less It's less about European cars
01:41
not coming here. It's more about was
01:43
like some cars are not sold in both
01:45
places because whether it's a US car or
01:47
Euro car because the standards are so
01:49
>> So it would be nice if they were
01:51
harmonized. That would change a lot of
01:52
stuff. We'd get the M3 wagon. I would
01:54
love you get a lot of things.
01:55
>> Wouldn't it be nice if it applied
01:56
retroactively? We could bring in an E61
01:58
M5 tomorrow. We sold one.
02:00
>> That would be nice.
02:01
>> Would have been nice if they did this, I
02:02
don't know, 70 years ago. Would have
02:03
been great if they had, you know, but
02:06
>> The the thought is this would benefit
02:07
both countries, right? There's reasons
02:09
>> the United States and
02:11
>> Europe Europe the country the great
02:13
>> you get my point the I'm sure that the
02:15
US negotiators are are thinking that
02:17
great we can then sell F-150s more
02:19
easily those are probably not legal to
02:21
sell in the EU directly uh they are
02:23
imported by third parties but we can
02:24
then sell these cars in Europe that
02:27
right now they don't meet the mission
02:28
standards they might not meet Euro 6
02:30
upcoming Euro7 standards they might not
02:32
meet whatever other requirements
02:33
>> it is pretty wild like Euro Europeans
02:35
have the European standards have gone
02:37
pretty far in terms of a couple things
02:39
that the US standards haven't including
02:41
emissions but also pedestrian safety is
02:45
>> and it's not that big of a thing in the
02:47
states and I would be curious where the
02:51
>> you know it wouldn't be harmonized it
02:52
would just be blanket you are allowed to
02:55
sell a car that only meets the European
02:57
>> oh you can sell one or the other
02:59
>> that is one single line that came out of
03:02
>> let's do it I'll pay tariffs if it means
03:05
I'll pay tariffs if it means
03:07
that we can get Euro cars. Filipo, think
03:11
about all of the Kra formentors we'd be
03:14
>> So many Cupra formentors. Now, of
03:15
course, they might not be able to sell
03:16
in the US. A lot of EV manufacturers are
03:18
learning that it's quite hard to
03:21
navigate dealer rules in different
03:22
states. It wouldn't necessarily be
03:24
actually sold here. That requires a lot
03:26
>> What do you mean? Tesla's at the mall.
03:28
>> I was at the mall yesterday. There's a
03:30
Porsche uh store there at the mall.
03:33
>> That's Porsche design, but Yeah.
03:34
>> No, no, no. They got cars. There was
03:36
some sort of 911. And there's Audi, too.
03:38
They got Q5s up the the up the brim.
03:41
>> Drive around the Mission Valley Mall
03:42
parking lot. Like the parking garage has
03:44
a section that's for Audi test drives.
03:46
>> Yeah. Uh there's also a section that
03:48
costs six bucks to park closer. And I
03:50
did that, but I charged it to the
03:52
>> That sounds like you.
03:53
>> But it was I saved time for the
03:55
>> right? To pick up your shorts to get
03:57
back to the tennis.
03:58
>> No, no, no, no, no. I was I was turning
04:00
in my computer, which I use for work
04:02
purposes. For work purposes. That's why
04:04
I have I have a different computer
04:06
today. You want me to go on an Apple
04:08
>> I got an Apple rant ready
04:11
once they start making a car. You can go
04:13
>> Okay. So, this is the thing. Do we have
04:15
any news on tariffs?
04:16
>> Yeah, the EU there's news today. We're
04:18
filming this on Wednesday that the EU
04:20
might remove the tariffs that they
04:22
applied to US imports, which also means
04:23
that that's unlikely to happen because
04:25
they are kind of removing some of their
04:27
negotiation power on this. Uh, and they
04:29
may not need to. The goal is that if
04:31
they remove tariffs that they apply to
04:32
US goods, then the US will treat them
04:35
>> I find that unlikely. This regulation
04:37
thing unlikely to happen, but if it
04:38
>> we don't have the answer is we don't
04:40
have an answer yet.
04:40
>> We don't have an answer yet.
04:41
>> Let me ask you this question, and I mean
04:42
this with all the sincerity in my heart.
04:44
What about Norway and Switzerland?
04:46
>> Okay, move on to the next news story.
04:48
>> Did you ask me that question or
04:50
>> really, but a little? I'm happy with
04:52
>> Oh, fuel pumps. That's gas, gas, gas,
04:54
diesel, and this is hydrogen.
04:57
>> That's everything. That's You got it
04:58
>> The one place you can fill up a Marai,
05:01
>> No. You ever fill up a hydrogen car? No.
05:04
>> You go to a place that's not near
05:06
>> They got them in the middle of nowhere.
05:08
>> I mean, that's not true. And then you
05:10
you there's like a hose. It's like giant
05:13
and it's got a big pipe on it and you
05:15
connect it and you have to like air lock
05:18
>> And then hydrogen flows into the car. No
05:23
>> Does it make a sound? Like is
05:24
>> I don't remember.
05:26
>> I don't remember. I'm not even sure why
05:28
>> and then eventually it's done and you un
05:31
you unair lock it and you're good to go.
05:34
>> I had for a while in Europe it was
05:36
popular to have like twin power cars
05:39
that were gas and uh what is
05:41
fundamentally natural gas. Um and so
05:44
somebody in my family had a Fiat Punto
05:46
that was both. So I have filled up a car
05:47
with compressor CG. Damn. Like those
05:49
Civics that we see around sometimes
05:51
little stickers on them. What's the news
05:53
>> Uh unrelated to CG entirely. So, this is
05:56
a little bit in the weeds. They didn't
05:57
want to talk about this, but I want to
05:59
>> All right. A lot of So, the NHTSA, the
06:02
National Highway Traffic Safety
06:04
>> has rules for what kind of fuel economy,
06:08
average fuel economy, each automaker
06:10
must meet. They're they're known as the
06:12
CAFE standards. Generally,
06:14
>> the Trump administration has said that
06:17
uh has basically put out an executive
06:19
order saying what the Biden
06:20
administration did in applying CAF
06:22
standards is not something that they
06:23
should have done. We're not going to
06:25
enforce those anymore. So, automakers
06:26
that previously paid substantial fines
06:29
won't be paying those fines, at least in
06:31
under the current administration. In
06:33
between 2019 and 2020, Stantis paid $190
06:36
million in fines for not meeting those
06:40
those standards. Uh they've paid since
06:43
2018 $773.5 million in those fines.
06:47
>> Which is real money. They now no longer
06:49
need to which is notable for them
06:51
because it means that they can first of
06:53
all save hundreds of millions
06:55
>> some of the cost of the development of
06:59
>> And what did that car cost to develop?
07:00
100 million, 50 million, 75 million, I
07:02
>> Someone write into us from Stalantis
07:04
clandestinely and tell us this is the
07:06
money all back in their pocket.
07:08
>> Yep. And also I mean they lose any
07:10
disincentive from manufacturing less
07:13
efficient cars or investing in less in
07:14
more efficient cars. um they lose the
07:17
incentive to invest in more efficient
07:18
cars. There's also flip side to that.
07:20
The NHTSA has not, according to a
07:22
lawsuit by Rivian processed any of the
07:25
required notifications from 2022 or
07:27
forward. They're like regularly delayed
07:29
by a couple years, but they've not done
07:31
it for 2022, which they were supposed
07:33
>> which means just not going to pay even
07:34
for a couple years where Biden was
07:37
>> Why does Rivian care?
07:38
>> Rivian car is because they, as with
07:40
every other EV manufacturer, sell
07:42
credits to other manufacturers to offset
07:44
that. Rivian doesn't build any gas
07:46
powered cars. They more than meet that
07:47
standard. They get credits back and they
07:49
>> So Rivian is upset because Stalantis was
07:52
going to be their customer.
07:53
>> They were going to sell a hund00 million
07:55
>> So Stalantis is up 100 million. They
07:57
don't have to pay government.
07:58
>> By the way, these are not so not all
08:00
credit is down 100 million. They were
08:02
planning on raking in.
08:04
>> And everybody's either happy or mad.
08:06
>> Everybody's happy or mad. Tesla's sold
08:08
sold has sold billions of dollars of
08:10
credits that now at least in the US
08:11
won't really be realistic credits for
08:13
them. very realistic revenue source for
08:15
>> The credit thing is a big deal. The
08:17
credit thing is a big deal.
08:18
>> And so is the fine. I mean, that's those
08:19
are some hefty fines that no longer
08:21
apply. They really change.
08:22
>> We'll see how long this lasts. Uh it's
08:24
so based on the political climate, which
08:26
can change pretty pretty frequently,
08:28
>> right? And you also have to worry a
08:31
little bit about does a future
08:32
administration apply these
08:33
retroactively? Do they apply fines
08:35
retroactively? Maybe for years where
08:37
there was technically a fine to be had,
08:38
>> no one's applying anything
08:40
retroactively. You're good. You're good.
08:45
>> what do we got next? Acura.
08:47
>> Speaking of electric cars, so this is
08:48
>> this looks like an McLaren had some sort
08:52
of thing with a Rimac NEA.
08:54
>> That's Well, you know what? That's not
08:56
far off. Uh, so this is the BYD Yang
08:58
Wang U9 Track Edition. And the reason
09:01
we're talking about this is that it
09:02
accomplished something pretty amazing
09:03
recently. Now, this car makes 2,959
09:07
>> Ample, some would say. Can I just say it
09:09
was put to good use recently. No, wait.
09:11
It was put to good use recently as at
09:14
least where you know Top Gear famously
09:16
did the test of the Veyron where
09:17
Volkswagen does a lot of their
09:18
high-speed testing. It hit 293.54
09:22
mph making it the fastest EV by quite a
09:26
>> Is that the fastest car?
09:28
>> Technically Bugatti was able to hit 300
09:31
mph but this also just like the Bugatti
09:33
only did it in one direction. To be to
09:35
have the world record you it's an
09:37
average of going one direction and
09:38
coming back the other way. Is it
09:39
depressing for us that when we were
09:42
children, the fastest car in the world,
09:45
McLaren F1, the Bugatti Veyron, and now
09:48
it's the BYD Yang Wang Wang U9 track
09:53
>> Track edition. I'm so sorry.
09:54
>> Thank you. Be you got to make sure you
09:57
>> It feels hollow to me somehow.
10:00
>> I mean, like, give me a name. Call it
10:05
Vapor. Well, the McLaren F1 like 241 I
10:09
believe was its top speed. That was a
10:11
huge margin compared to what was the
10:13
fastest car before that. Was it the
10:15
>> in in our world fastest car before that
10:18
>> and not the roof yellow bird
10:19
>> roof this or that crap that nobody cares
10:22
>> may have been XJ220 for like an
10:24
afternoon which was like 217. Can I
10:28
>> if you're not familiar with the meaning
10:33
>> right racing series built by a racing
10:35
team makes a lot of sense. This is named
10:38
>> if you're not familiar with the meaning
10:41
>> as he said they're the same.
10:43
>> You can't name it the F1 anymore. Surely
10:45
Formula 1 will you know what you do and
10:48
I'm not trying to be a jerk. You know
10:49
what you do? Call it the F2.
10:52
>> Some say they should Well, no. then it
10:54
would have been a lesser racing series.
10:56
But my point is like the so the X
10:58
actually 220 then the McLaren F1 McLaren
11:00
F1 came out did its thing it held the
11:01
record for a decade then the Veyron came
11:04
out that also held record for pretty
11:07
>> now the Yangwing U9 is up there at the
11:08
top. Uh is this the one that jumps? Yes.
11:14
>> it jumped around I it is wild there's a
11:17
video of it. It's wild to watch like the
11:18
record being set cuz it really moves
11:20
around at that speed even with a
11:22
professional driver and all these
11:23
things. It is pretty impressive that it
11:24
took him 3,000 horsepower to overcome
11:27
what must be a significant curb weight
11:30
situation and the car's name.
11:33
>> Also like don't forget when Bugatti
11:34
developed the Veyron they it they then
11:37
went and sold them and lost it was like
11:39
5 million. It took them five they lost
11:41
millions of dollars on every car they
11:43
>> Meanwhile they came out this feels like
11:45
this came out of nowhere and all of a
11:46
sudden it's just like they're able to do
11:47
that kind of speed.
11:49
>> It's kind I it it is mindblowing. This
11:51
is why I'm always saying we have to
11:53
continue advancing on EVs. We will not
11:55
succeed by just selling the Ram 3500
11:58
dually. We have to make EVs that jump
12:01
with 3,000 horsepower and can do 300
12:03
mph. This is the problem with Trump. All
12:06
>> Here's where what I would like to ask.
12:08
All right, so this car has 2,959
12:11
>> Okay, it's not 3,000, but
12:12
>> I said I said 2950.
12:14
>> He got it right. He got it right. I'm
12:17
>> at that at that level. I round
12:19
>> that. There is a base U9, right, which
12:22
is the underlying car. How much
12:24
horsepower do you think of the base U9?
12:25
>> Uh, it's like 1,700. I We were looking
12:27
>> It's insane. The base one has,287
12:31
>> So, this this one has 1672 more
12:34
horsepower than the base model and it
12:39
>> I think the Veyron Super Sport went from
12:41
253 mph, the standard car to 259 mph,
12:44
261, and they had to add an extra 250
12:46
horsepower just to do that. the the
12:47
aerodynamic drag at that speed is hard
12:50
>> I know. I know. But like that's so much
12:52
baseline power. It's insane. Like the
12:53
the number is more than
12:55
>> we're now. That's the world we're in
12:56
now. We got power everywhere. And a good
13:01
>> Oh, I was hoping it'd be the Phantom of
13:02
the Pool story. All right. What do you
13:04
got? We got Mercedes and BMW in the same
13:09
>> Are they waring? Two. Yes. Two renowned
13:12
>> Uh correct. There is apparently BMW and
13:15
Mercedes are in talks to have Mercedes
13:17
buy engines from BMW.
13:19
>> Ah, yes. The most reliable part of any
13:22
>> All right. So, the engine we just get
13:25
>> I don't know. They really want the
13:26
Mercedes just wanted to add rod bearing
13:27
problems to their list of issues.
13:29
>> The engine they're talking about engines
13:31
for the CLA and the GLA.
13:33
>> Yeah. I mean, fundamentally, Mercedes
13:34
has invested heavily in EVs. They
13:36
probably don't have a new generation of
13:38
uh very low emissions, high efficiency,
13:40
small engines, cuz why would they? It's
13:42
for a couple product lines that they
13:43
expected to not make with gas power
13:46
>> Partnering with somebody else saves them
13:48
a ton of money from developing their own
13:49
engines. It was kind of inevitable to
13:51
some extent, but it is wild to see the
13:53
two most famous German competitors
13:56
potentially collaborate. Can I ask you a
14:01
>> The GLA was also sold as a Nissan at one
14:06
>> It was the the the Infiniti QX35.
14:09
Mercedes-Benz just trying to get out of
14:10
any obligation to these vehicles.
14:13
>> I think the Mercedes developed that
14:15
vehicle incredibly.
14:16
>> I think they did too. But you get my
14:20
>> Uh that was a hatchback.
14:23
>> I don't think there was a hatchback.
14:23
>> No, there wasn't. But that would have
14:26
>> uh Well, that's interesting. You know, I
14:27
always found it unusual. These
14:28
automakers seem like they're such
14:29
adversaries. I always found it unusual
14:31
that at one point that 10-speed
14:33
automatic went into both Fords and
14:36
>> Yeah. And like that was to me that was
14:38
like the beginning of my realization as
14:39
a child. This happened maybe five years
14:43
>> child that you were
14:44
>> that that maybe they don't hate each
14:46
other like we thought they did. You know
14:48
>> Maybe it's just business.
14:49
>> Maybe the multinationals are just kind
14:51
of doing their thing and we're all down
14:53
here fighting the fight on the streets.
14:56
They get the takeovers. Do you know what
14:57
>> I think that's absolutely true. And
14:59
honestly in our conversation with R.J.
15:01
he was talking about how the CEOs do all
15:03
kind of talk to one another. They're
15:05
pals. And I'm over here and I got a
15:07
decal on my Ram of Calvin peeing on a
15:10
Ford logo and and then but then I
15:12
realize they all like each other.
15:16
That's a great reference.
15:19
But it is interesting, especially as a
15:21
diehard BMW fan who grew up kind of with
15:23
a slight against Mercedes-Benz. Wow. It
15:26
does makes it makes sense from your
15:27
perspective like you said and this is
15:28
going to be a shortlived thing anyway.
15:31
Maybe it says this thing also says the
15:33
companies could work together on a
15:34
shared engine plant in the US as well.
15:36
>> Mercedes and BMW. The problem is you got
15:38
this economies of scale situation. This
15:40
is why I'm absolutely convinced that the
15:41
supercars of today are going to be
15:42
considered rare by the standards of the
15:44
future because economies of scale has
15:46
become such a big thing that a 300 unit
15:47
production run is over. Like a 3,000
15:50
unit production run is now considered to
15:51
be like incredibly rare. Yeah. By
15:54
today's standards. Mercedes and BMW are
15:56
making engines together. What has
15:58
happened to our world? Canon.
16:01
>> I don't know. It's been turned upside
16:02
>> Imagine if there was an E-Class that was
16:04
driving around with your S62.
16:07
>> Oh, and a manual.
16:10
>> it would be an Alpena. Okay, quick
16:12
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17:39
>> All right, give us the next news story.
17:42
>> Clarence. So, we a couple weeks ago, I
17:44
guess it was a month over a month ago
17:46
now, we talked about this McLaren
17:47
collection that Tom Hartley Jr. was
17:48
selling. It was basically every every
17:51
special McLaren were was owned by one
17:53
guy. He ordered them all new. I believe
17:54
they all had the same serial number from
17:56
>> They were all orange. I'll tell you,
17:57
they're all that one. And there's only
17:59
one desirable one. And it's the F1 in
18:01
>> Well, that's not Wait a minute. The
18:03
>> What? That is just bad.
18:05
>> That's bad. That's not orange.
18:07
>> That's the worst thing I've ever seen in
18:08
my life. Alpha is really quite poor.
18:11
>> There's also some sort of poorly modded
18:14
>> Right. Right. Regardless, they all sold
18:18
to one individual. Now, the amount
18:20
hasn't been disclosed and it hasn't been
18:21
disclosed to, but we all suspected that
18:23
they would probably go to one person so
18:25
they wouldn't break up the collection.
18:26
That's exactly what has occurred.
18:27
>> Can I ask you a question? Do you think
18:29
Tom Hartley is one of like the premier
18:31
sellers of incredibly high-end cars?
18:34
>> Yep. In the UK, there are it seems to be
18:36
a European thing specifically where
18:37
there are like very high. He's one of
18:39
them without question.
18:40
>> Tom Hartley is an absolute G. Tom, if
18:43
you're watching, you're a G. We saw you
18:44
driving that 275 GTB in the uh in the
18:50
>> But anyway, do you think he given that
18:53
these things sold in a matter of weeks,
18:55
do you think he regrets running out the
18:56
racetrack for the photo?
18:58
>> Probably cost some money. Do you think
19:00
like he could have just kind of put them
19:01
in a in a in a in a car pock?
19:04
>> Yeah, that's what they say,
19:05
>> right? They do like the work
19:06
>> and and just kind of made it happen.
19:08
>> You know what I mean?
19:08
>> Yeah. This is cool.
19:10
>> Had like a go. He got the in the back.
19:13
did a couple laps was worth it.
19:15
>> Well, I think he wanted that experience
19:17
and therefore you do a business reason
19:19
to you find a business reason to go
19:21
there. One of the great photos.
19:22
>> Also, let's be honest, storage facility
19:23
where the cars were kept probably wasn't
19:25
that far from the racetrack and so
19:27
relatively easy to get them there.
19:29
>> You get my point though.
19:30
>> The things just sold like that. Anyway,
19:33
they all went to one person who now has
19:34
new McLaren F1. A lot of McLaren F1's
19:36
trading hands. There was the one in
19:37
Monterey. There's this one. I heard
19:39
>> Yes, there was a third one. Uh it is
19:41
interesting. think they do seem to be
19:42
trading hands more publicly. Not
19:45
publicly, I guess, but more visibly
19:46
because normally these cars trade hands
19:48
behind closed doors. They go to the same
19:49
200 people in the world who have that
19:51
>> I sincerely believe that a lot of
19:53
McLaren F1s sold to people who were not
19:55
that rich who paid a million bucks, but
19:58
it wasn't like and now suddenly that
20:00
their car is like half their net worth
20:01
and they're like, I got to get out of
20:02
this thing. Like that happened with
20:03
GTO's a lot throughout the years.
20:06
>> 250 GTOs. And I bet that's happening in
20:08
some cases in these cars. People are
20:10
like, got to assume it's worth 25 mil. I
20:12
can't really drive it anymore. Like,
20:13
>> right. To be clear, that's not the case
20:15
with this one. The guy who own these
20:16
passed away and his family didn't want
20:17
the cars, understandably, and so they
20:20
got rid of got rid of them.
20:22
>> What would you do if you're the family
20:23
who inherits this collection?
20:24
>> Well, I mean, it's like,
20:25
>> I got an orange 720s.
20:27
>> Well, they're all orange. Never driven
20:29
>> Most of them were never driven. It said
20:30
like of the however many there were, 39
20:32
or whatever. Like, oh, no, it's 19
20:34
McLaren, 17 of which were never driven.
20:36
>> Wow. Drive. Which two were you think?
20:39
>> I think the F1. I think the old ones
20:41
were driven. They probably the F1. And I
20:42
bet he did a couple laps in whatever
20:44
>> Is that a 675 L?
20:47
>> How do you know?
20:48
>> I think that's No, I think that's a
20:50
650S. I can't tell.
20:52
>> Yeah. Okay. I'll tell you what.
20:53
>> Which is not a What is the difference
20:54
between that car and that car? Aside
20:57
>> I'll tell you what, it's not the engine.
21:00
>> These cars all have the same engine
21:01
except for one except for the V12.
21:03
>> But it's kind of nice though because you
21:04
got a spare on hand, you know?
21:06
>> Right. Your turbocharger blows in your
21:08
speed till you pop with your saber.
21:09
>> It's pretty likely.
21:10
>> All right, that's an interesting story.
21:11
Move on to the next one. What else we
21:12
got? Interesting story.
21:14
>> Oh, you think this is interesting? No,
21:16
we're not confirmed on this.
21:17
>> You would think that this is my story,
21:19
>> A gentleman named Oliver Bloom has been
21:21
the CEO of Porsche since 2015. Since
21:23
2022, he's also been the CEO of the
21:26
>> CEO of two companies at the same time
21:28
>> that are both publicly traded companies.
21:29
>> It's like that fellow little Marco Rubio
21:32
who does all sorts of stuff in the
21:33
government. He's he's the secretary of
21:35
state and he he does all all sorts of
21:43
there have been Porsche share
21:44
shareholders specifically that are a
21:46
little upset by it because they believe
21:48
that it is impacting Porsche's stock
21:49
price to not have a dedicated co and
21:52
that also he can't focus fully on
21:54
Volkswagen's problems and Porsche's
21:55
problems successfully. So, there are
21:57
rumors uh but that I apparly confirmed
22:01
that Porsche has starting a search for a
22:03
new standalone CEO that will not also be
22:06
the CEO of Volkswagen.
22:07
>> Porsche has had a tough time lately. It
22:08
doesn't look like that from the from the
22:10
outside because you see them there's
22:12
people driving their GT3s and doing
22:14
burnouts in Monterey, but
22:16
uh Porsche's had a lot of problems
22:18
selling cars in China. EVs have been a
22:20
huge hit like to their business. No
22:22
one's buying Macan EV or TYON anymore.
22:24
>> Profits were down 90% in Q2.
22:25
>> Huge decline in profits. I'm reading
22:26
here that Porsche stock shares are down
22:28
54 45% since 22 which is significant
22:31
because the market's probably up 60%
22:33
since 22. So that's a really big delta
22:35
and of course tariffs
22:36
>> makes sense like period of
22:38
>> course first major setback they've had
22:40
since like the recession when people
22:42
>> what is a setback like you know there's
22:43
still there's still like
22:44
>> 90% drop in sales is
22:46
>> 90% drop in profits.
22:47
>> Oh profits. Okay. And there was also
22:49
that time that that ship sank that had
22:50
all the Porsches including Matt Feroh.
22:53
Happens a lot though.
22:54
>> Remember when that happened to Mazda?
22:57
>> You Google, there's pictures of Mazda's
22:58
upside down. And you know what happens
23:01
>> I hope they were all CX7s.
23:02
>> It was like Yeah, it was like No, no, it
23:08
>> You know what happens to all those cars?
23:10
>> They destroy them all.
23:11
>> Cuz you were upside down on a ship. You
23:13
were Some of the cars weren't
23:14
underwater. Like some of those cars
23:15
probably good to go. They destroy them
23:16
all. They have to. or or maybe they send
23:18
them to Eastern Europe, but
23:21
>> No, my god. Uh, okay. So, Porsche, it
23:25
will be interesting. It's obviously
23:26
clear, it was clear from the beginning
23:28
that it would be better to have someone
23:29
who was specifically focused on each
23:31
brand individually. It is surprising
23:32
that the Germans would allow things to
23:34
get to this point. However, I've learned
23:35
at the Germans when they find somebody
23:37
they believe is competent, they put
23:38
enormous amounts of pressure on that
23:40
individual to deliver. And sometimes he
23:44
>> like Federick Pike.
23:45
>> There was a time when Porsche had a
23:48
>> What was his name?
23:52
>> That that's that's the CEO of Starbucks
23:53
or SL what or the founder of Starbucks
23:56
>> working with such certain
23:57
>> No, it was the Porsche had an American
23:59
CEO. Peter Peter Shoots was his name.
24:02
>> Howard Schultz is the is the Starbucks
24:04
guy. That's where it came from. He's
24:06
>> Peter Shoots. And and and you know what
24:08
>> He drew the line on the wall.
24:11
>> You don't know the story? No, please.
24:13
>> The story is they were that he was in a
24:15
room meeting high level product strategy
24:17
planning. You don't know the story?
24:19
>> And the plan in the late 70s in the
24:22
early 80s was that the 911 would be
24:24
would end and the 928 would replace it
24:26
because it was front engine V8. It was
24:28
kind of where the sports cars were going
24:29
at that time in the 70s and uh but like
24:33
corporate you know the story, right?
24:34
Corporate morale was down at Porsche
24:36
because everybody the 911 had been in
24:38
production for 20 years. It was beloved
24:39
but it was old. And the famous story is
24:43
there's a there's a board on his wall.
24:46
Peter shoots there's a board on the wall
24:47
in his office and it's got the the lines
24:49
where all the cars end like 911 ends
24:52
here and 928 goes like this and then
24:54
there's you know future product here and
24:55
he walks up he picks up a marker.
24:57
They're all talking but he picks up a
24:58
marker and he walks up to the line for
25:00
the 911 and he draws it off the wall off
25:02
the board and onto his wall in his
25:04
office and continues the 911.
25:06
>> That today would be a great LinkedIn
25:14
>> He's exactly right. That is exactly what
25:17
people would would say.
25:18
>> The Friday afternoon there'll be a lot
25:19
of link posts that are variations of
25:23
>> Uh I have a friend who actually met
25:24
Peter Shoots and he asked him about that
25:26
story and he Peter Shoots insisted that
25:27
it was true. All right. Do we have any
25:31
>> yes. Now we're getting to what you
25:32
>> Wait, there was people in the pool.
25:35
>> what Rolls-Royce to celebrate 100 years
25:37
of the Phantom? The Phantom name plate
25:39
>> decided that they were going to do
25:41
something that rockstars have done in
25:42
the past and they were going to put a
25:43
Rolls-Royce in a pool.
25:45
>> Rockstars have done that primarily on
25:48
>> right? Exactly. Rolls-Royce fame,
25:49
esteemed, you know, the epitome of class
25:51
and culture and taste decided to do
25:54
something that Yeah. drugfueled
25:56
>> A very interesting choice. Now,
25:57
immediately when I saw they have put out
26:00
a ton of pictures on social media of
26:01
this, they all look like AI to me and so
26:03
I was very skeptical, but I found I
26:05
found pictures of them.
26:06
>> So, they destroyed the Well, so it was a
26:08
pre-production car that had to be
26:09
destroyed anyway. Okay, got it.
26:11
>> And so it's not like they produced one
26:13
for this specifically. And they built a
26:14
platform that it sat on so it wasn't
26:15
just like rolling around in the pool,
26:17
but people then went and summaring
26:24
it like doesn't this pool have to be
26:26
>> I think they drained all of it. I mean,
26:28
yeah, I'm sure then the pool has to be
26:29
cleaned and everything.
26:30
>> Where is this pool? This is a This is a
26:33
pool. It's a pool in England.
26:35
>> Evidence by the people who are really
26:36
taking in the sun. They see it three
26:38
>> Keith Moon drove a Rolls-Royce into a
26:39
swimming pool in Flint, Michigan. That's
26:41
where the water problems in Flint began.
26:44
It was when his Rolls-Royce went into
26:46
the swimming pool. Look at that,
26:47
Philippo. Look into that.
26:49
>> The water has not been drinkable in for
26:51
a long time. Uh, no. Allegedly, that
26:53
story is seems to be more there's no
26:55
like there's no photos of it regardless,
26:57
but it seems like very
26:58
>> positive. But but what I didn't realize
26:59
and I'm looking at a lot of pictures and
27:01
this is the only one I can see like
27:02
this. There were people hanging out at
27:03
the pool. I don't buy it.
27:04
>> No, the people look photoshopped. You
27:06
think the people are fake? Every angle
27:07
of it looks photoshopped.
27:09
>> You do have an unusual variety of folks
27:12
that doesn't seem right. Like you have
27:13
kids playing ball. This guy's doing like
27:15
a distant swim. That guy's just sitting
27:17
in a rat. Like I don't know. I'm not so
27:21
>> Not confident here. Also, there's a
27:24
>> That might be real. This is real. I I
27:25
look at other pictures in the f there's
27:28
>> Uh this is a hard-hitting news. to this.
27:30
>> This is what you come to the car to this
27:35
>> that's what you come to us for.
27:37
>> You come and see.
27:38
>> I'll tell you what, a Rolls-Royce and a
27:40
>> You think that guy got in the pool? He's
27:41
the guy. Go to the next slide. That's
27:44
>> They said the all the workers are all
27:46
right. All right. Put on your swim
27:47
>> Once again, sometimes you want to have a
27:48
pool day with your company and you find
27:50
a marketing reason to do it.
27:53
>> especially to drain the pool like it's
27:56
>> All right. Is that our final news story?
27:57
Cuz I got a lot. We got to move on to
27:59
the talk cars segment which is sponsored
28:01
by Taylor Swift and Travis Kelce getting
28:04
>> Yeah. They are sponsoring this.
28:07
>> Uh that's so nice of them.
28:08
>> They wanted to make sure people knew and
28:10
like kind of get the word out. And
28:11
obviously we have a big reach. Uh okay.
28:15
>> Uh the talk car segment. I want to start
28:16
by talking about my uh 2024 Toyota
28:22
>> I took it in for service.
28:24
Congratulations. I'm proud of you.
28:25
>> Yeah. at your dealership
28:28
>> Last year I went with you in a
28:32
>> Great story. What does it need?
28:35
>> Uh well, I went over there and uh what
28:37
it needed was a light had illuminated on
28:39
the dashboard that said service
28:41
>> And that's that's good for me because if
28:43
it hadn't illuminated, I never would
28:45
have serviced it because I that's the
28:47
level at which I'm interested.
28:49
>> Some of us call them idiot lights, but
28:51
>> Yeah. Well, that's good. So anyway, took
28:52
it in and you know what happened? The
28:54
most amazing thing happened to me. I
28:56
there was a fellow named Adam there who
28:57
at the dealership who was my service
28:59
technician, my service writer, and he
29:02
brings me in and I'm all like, "Oh god,
29:04
this is going to be a big one,
29:06
>> And he says, "This service is free."
29:10
>> Because of Toyota Care.
29:11
>> I guess I have something where the
29:13
services are for three years. Yeah.
29:15
>> And it's good that I took it to the
29:17
dealer because I wasn't gonna
29:18
>> Wow. you you would have had to spend
29:20
$100 at a different
29:22
>> Here's what he told me, though. He said,
29:24
"The next service is free only if I do
29:26
it before 25,000 mi or before March of
29:30
>> there's no concern about the 25,000 mi.
29:33
The car has 175 on it now. By March,
29:37
>> Yeah. Yeah. But you won't need service
29:39
again cuz it will have driven 100 miles.
29:40
>> I'm curious if they would pay for
29:41
another oil change.
29:42
>> Yeah, they would.
29:44
>> Time. I think you only get two oil
29:46
changes within that within that first
29:48
couple years of ownership. You know what
29:50
>> But was the last one part of Toyota
29:52
>> Uh I could have sworn also that I paid
29:58
>> I can only give you the second one for
29:59
free. It's Anyway, move.
30:00
>> I got this Sequoia now and it's doing
30:02
its thing. I got to tell you, Filippo,
30:05
>> I can't explain to you how often I think
30:07
about getting an LX700H overtrail.
30:09
>> Yeah. So, you you had that car as a
30:13
>> Nine months ago. Yeah.
30:14
>> And you said at the time we looked deep
30:16
at whether there were deals on 700 H's
30:18
and there were not.
30:19
>> They had just come out. Are they deals
30:21
>> They've been out for a while. And so I
30:22
looked and I look often and I looked and
30:24
here's what I discovered. Carl's bad
30:27
>> Really? And they're offering a few grand
30:29
off. However, however,
30:32
>> they've there's also stuff on it like
30:33
vin etching and door guards.
30:35
>> So you want to call negotiate?
30:37
>> It's like 117,000. Yeah. If you can get
30:39
that down to it's 117 sticker there or
30:42
120 sticker they're offering 117. If you
30:44
can get it down to 83 I'm a buyer today.
30:48
>> I don't think I can do that.
30:49
>> FIO's fame negotiation time right smack
30:51
dab in the middle at asking. That's
30:53
>> And then even still I won't get the car.
30:55
That's the great story about that story.
30:57
After he went back and forth negotiating
30:58
with that dealer the whole day and we
31:00
agreed to meet at their asking price. I
31:02
ended up not getting the car. You then
31:05
found a different one.
31:07
>> I got you the deal. And then they sold
31:09
the car to somebody else. I don't
31:10
remember what happened. Something like
31:12
>> You got me the two deals. Actually,
31:14
things there was a nice nice GMC
31:16
dealership in Utah that also helped me
31:20
>> And they that went down a grand. So,
31:21
>> well, I only wanted a CPO one. I thought
31:23
we were only talking to Toyota. Anyway,
31:24
the point is the Sequoia's been ser is
31:26
ready for its next adventure.
31:29
I'm so excited for it to have an
31:30
adventure again next June.
31:32
>> No one really teaches you about credit.
31:34
It's a huge part of adult life, but it's
31:36
such a blind spot when you're starting
31:38
out. I take my finances very seriously,
31:41
but even then, I had to learn some
31:43
things the hard way. It's easy to make a
31:46
misstep or not realize how much your
31:48
score is affecting your life. That's why
31:50
I'm a big fan of what Ava is doing. Ava
31:53
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31:58
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32:48
>> Okay, Filipo, give us your Todd card.
32:49
>> Yeah. All right. So about two months
32:52
ago, thanks to our friends at Expel.
32:53
Expel. My GTI has better tint. So, when
32:57
I bought the GTI, it had really dark
32:59
tint. Way too dark. I got pulled over
33:00
once for how dark the tint was. And it
33:02
had like a dark strip at the top of the
33:05
>> Oh, you didn't like that?
33:05
>> Didn't love that. Uh, thanks to Expel, I
33:08
now have and protective film solutions
33:10
in Santa Ana that did the work. Uh, I
33:12
now have uh like a UV protective less
33:15
dark tint on every window.
33:17
>> And we've been driving Arizona a lot in
33:19
the GTI and like it felt like, okay,
33:22
this is less hot than usual. But this
33:23
last weekend I drove to Arizona in my
33:25
station wagon which is just has like the
33:27
regular tint that Mercedes put on it and
33:29
it was really really hot. Yeah.
33:31
>> Like the sun driving through has an
33:32
impact and I was surprised.
33:33
>> The expel that you have is it just clear
33:35
and it but it repels.
33:36
>> Windshield is effectively clear but it's
33:39
UV protective and the sides are some
33:43
percent that I don't remember.
33:44
>> But it does a good job. It does a
33:46
stunningly good job.
33:47
>> You ever driven through Arizona in the
33:50
>> Why would I want to do that?
33:51
>> It's wild. I understand it gets hot.
33:53
It's interesting that you point. So I
33:55
also had mine done not with Expo. I had
33:57
something else done and it is
33:59
>> it makes it I had tint on my car and it
34:01
was much colder. But now like heat
34:02
rejection technology from a number of
34:04
manufacturers is so good.
34:05
>> I didn't believe it.
34:06
>> It really makes a difference. But it
34:07
does require you to be like when I drove
34:08
to Monterey was kind of out in central
34:10
California it was 103 degrees. Not quite
34:12
like Arizona but like the sun. It makes
34:14
a huge difference to have that on.
34:15
>> So you're cruising around.
34:16
>> You're cruising.
34:17
>> You're cruising around with this Expel.
34:18
Is this is Expel sponsoring us? They
34:20
they sponsored the the the
34:22
>> You got free expel?
34:25
>> We could have talked about that, but
34:28
>> Man, you guys bought it for me for a
34:29
birthday present along with some other
34:31
friends. So you're going
34:32
>> I know. I could have save money.
34:33
>> So So you're going out there and it's
34:35
>> It is doing I was I've kind of just
34:38
assumed that tint was tint.
34:40
>> and my fish wagon has tent. It's 12
34:43
years old and not that dark, but like I
34:44
assumed it was just tint. But it turns
34:46
out that it's improved. Technology has
34:48
>> It has. It has. I was I've and when I
34:51
first got it and drove to Arizona, I
34:52
thought, "Oh, it's a little bit cooler,
34:54
but like no, it makes a real real
34:56
>> Yeah, absolutely it does.
34:57
>> So, thanks Expel and Protect the Film
34:59
Solutions. So, he's driving around with
35:00
a free tent. This is a what a Filippo
35:02
dream happened to our situation. I know
35:04
>> I want some free tint.
35:05
>> He likes the perks, you know.
35:07
>> I don't really have a car I would put
35:08
the tent on, but I would like some free
35:11
>> Uh, okay. Well, congratulations, Fippo,
35:13
because you deserve it the most because
35:15
of your frequent trips to Arizona. Thank
35:19
There were many days where we would
35:20
drive 40 minutes and the wagon would not
35:22
actively get cool. Like it would be
35:24
cooler, but it would not be cool. And I
35:26
maybe I should tint that, too.
35:29
>> Well, I should get rid of that.
35:30
>> Maybe Expel can hook you up with another
35:33
>> Why' you take the station wagon last
35:34
time and not the the
35:35
>> We had a lot of things in the car and so
35:38
we needed to fit them.
35:38
>> But you had all the GTI. GTI can fit a
35:40
>> The fish can fit more.
35:41
>> He's also done with the GTI.
35:43
>> No, I love the GTI. I'm done with the
35:44
wagon, but that's a different
35:46
>> The wagon's great, too, but I'm tired of
35:48
>> He's done with all his cars, but he's
35:49
simultaneously done with them and never
35:51
wants to get anything else.
35:52
>> Just be on a bicycle.
35:53
>> I really want to lease a new EV cuz
35:55
lease deals are phenomenal. And then buy
35:59
>> A good new EV. No, the prologue is good.
36:03
>> I would There's nothing that would
36:04
compel me to I I don't need the badge,
36:06
so I'll buy I'll at least a Blazer.
36:08
>> What about getting a pre-owned Rivian?
36:10
um too expensive and doesn't take
36:13
>> Yeah. The thing about one of the reasons
36:15
the EVs depreciate so fast is because
36:16
the lease deals are so good that like
36:18
the pre-owned stuff is like kind of hard
36:21
>> make sense. It makes sense rather to
36:24
buying a new Rivian lease.
36:27
>> Name a number, you know.
36:28
>> Okay. I got a I got two more talk cars
36:30
things that I desperately want to talk
36:32
>> Uh one of them is Honda. We got to talk
36:34
>> We got to talk about Honda. We got to
36:35
>> Another one though I something that hit
36:37
me that I wanted to bring up. Last week
36:39
we had a conversation about subscription
36:41
service for horsepower.
36:42
>> People did not like my
36:43
>> people hate it. Filipe was like I'm into
36:45
subscription for horsepower and people
36:47
like you're the worst person ever.
36:48
>> I agree with the people. I hate the
36:50
>> I generally agree with the people.
36:51
However, I was thinking of this as an
36:52
example of how capitalism has really um
36:55
like got like we are the way we are
36:57
because we've learned this like the the
36:59
way that capitalism has made us spend
37:01
money. Okay, let me give you an example.
37:03
>> Lexus IS-250. This is just the first one
37:04
came to my mind today when I was on the
37:06
elevator. Lex size 250 and Lexi 350,
37:09
>> It didn't cost Lexus anymore to build
37:12
the 350 than it does the 250. Okay. Like
37:14
let's be honest, like that three that
37:16
there's a slightly more material I guess
37:18
in the bigger engine, but like we're
37:20
talking about 100 bucks a car, maybe,
37:22
right? But there's like an eight grand
37:26
>> And so people like, "But I paid for the
37:28
car. I want the whole car." Well,
37:31
but like a lot of times you are paying
37:34
for you're paying more for what is
37:37
ultimately something that you could have
37:39
had but the automaker is gatekeeping it
37:41
behind a payw wall. But in that case,
37:43
the people are fine with it, right?
37:45
>> And if you really think about that
37:46
IS-250, IS- 350 example, especially like
37:49
you own the car five years, you paid 8
37:51
grand more, you sell it, you maybe get
37:53
three grand back. Like you there was
37:55
actually a monthly cost.
37:57
>> But in your mind, you own it. In your
37:59
mind, you have it, right?
38:02
>> You know, I think it was I think it was
38:04
Jeremy Clarkson made this or maybe it
38:05
was James who was talking about it was
38:07
James who was talking about the Ferrari
38:09
F430. Like when they came out with the
38:10
Scooteria, it's like the Scooter is as
38:12
good as a car as they could have made.
38:13
Why didn't they just make the normal car
38:17
>> They're always doing this. And so I
38:19
think that the and and honestly people
38:20
don't seem to have a problem with it
38:21
when it isn't per month,
38:23
>> They just seem to have a problem that
38:24
it's per month. But like you could argue
38:26
and and also I was still I was still
38:28
trying to think and by the way I don't
38:29
support the per month subscription thing
38:31
for a lot of reasons. But nonetheless,
38:34
like we are tuned in our minds to be
38:36
like, "Oh, it's totally okay that Lexus
38:37
charges me eight grand more for the 350
38:39
that cost them the same to make."
38:41
>> Every 911 that's not a special one has
38:45
the same 3 liter twin turbocharged
38:46
classics. Every single
38:48
>> every McLaren, even the special,
38:49
>> every McLaren, every AMG
38:51
>> doesn't cost them that much more to make
38:52
a GTS compared to the whatever.
38:54
>> There's a lot of that. It's it's but
38:56
it's interesting because people are
38:57
totally okay with that. And in some
38:59
cases there's literally I mean the is a
39:02
good example because there there's not
39:03
even suspension like it's the same thing
39:06
right but there are other examples of
39:08
that people are chill with that
39:10
>> but the moment you put it behind a
39:11
subscription now the the real dream of
39:13
the subscription model is that the car
39:15
is cheaper to buy and you only subscribe
39:16
to the features you want which I think
39:18
would be actually beneficial to the
39:19
consumer but we all know that would
39:21
never happen. No, unfortunately.
39:22
>> Greedy corporations.
39:23
>> Greedy corporations.
39:25
>> Not cars and bids. For God's sake, we're
39:29
>> We are. Uh, you know what we don't talk
39:31
about nearly enough? During CO,
39:33
>> every automaker, but especially GM
39:36
>> just decided that they weren't going to
39:37
ship cars with like heated seats. And if
39:39
you look at the window circuit for car
39:41
at that time, it said like
39:42
>> no heated seats minus $400.
39:44
>> But you couldn't order without heated
39:48
>> So even if you don't want them, you have
39:49
to spend that $400. And now if you did
39:51
want it, you had no no choice. But like
39:53
they're doing that in their packaging
39:55
point. I see your point. But they got
39:57
>> They got away with just taking away the
39:59
heated seats. And so if you lived in the
40:00
south, you didn't want them, you but.
40:02
But they they don't allow that. But
40:04
suddenly when they had to do it that
40:05
way, they were like, "Yep, no problem."
40:08
>> And apparently it was worth $400.
40:10
>> That is an interesting point. Um, okay.
40:12
I want to talk about this the Honda and
40:14
then I want to talk about Canon's
40:16
situation in Chicago. Honda, I got the
40:17
passport right now. That's why I came
40:18
up. You remember when they held that up
40:21
>> They held it up. Three of them.
40:23
>> And uh I got the passport right now. And
40:25
and I am so disappointed in Honda.
40:27
Really? Yeah. Because Honda makes six
40:29
core products. They make the incredibly
40:31
successful, popular, great vehicles.
40:33
Name them. HV, CRV, Pilot, Odyssey,
40:36
Accord Civic, right? Those are the the
40:38
>> Odyssey hasn't been redesigned since
40:40
>> Yeah. But it's a huge seller. Absolute
40:42
killer car. All six of those cars are
40:44
absolute killers. Yeah,
40:46
>> like there is not one person in the
40:48
world who shouldn't be driving one of
40:49
those six cars. Unless you have any
40:51
interest in automobiles and then you
40:52
shouldn't be driving one of those six
40:54
>> No, the CTR is cool. But anyway,
40:57
>> other than that, Honda is so afraid.
41:01
They're so terrified to do anything.
41:04
>> Well, you remember the Ridgeline? You
41:05
didn't even mention that. Did they sell
41:07
>> Yeah, but that's that's an example of
41:08
what I'm talking about. When I was a
41:11
child, all right, Honda was the first
41:12
hybrid. Honda came out with a mid-engine
41:15
supercar to rival Ferrari. Honda was the
41:17
first that came out with that blind spot
41:19
camera. By the way, they discontinued
41:21
just as everybody else started coming
41:24
>> and now Honda comes out with this. The
41:26
reason I bring this up is this passport
41:28
>> And it is such a copout. It is such an
41:31
utter copout to this segment. And I was
41:34
giving him the sales numbers before. Do
41:35
you know, Kenon, take a guess as to how
41:38
many Toyota 4Runners are sold every year
41:40
in the United States? An innumerable
41:42
amount. All of them. They I like
41:44
genuinely. I I can't imagine.
41:46
>> On average 130,000 4Runners, 120,000
41:49
Broncos, 200,000 Wranglers.
41:52
>> In passports, 40,000.
41:55
>> And I asked the guy, why don't you just
41:57
go body on frame and go locking diff and
42:00
do the thing that is so popular? And he
42:03
said, we wanted to provide a more
42:04
balanced experience for the customer.
42:05
And I said, the customer doesn't want a
42:07
balanced experience. They're going out
42:09
there buying all these trash cars that
42:11
ride terribly. Go make a car. And Honda,
42:14
especially as a company that makes all
42:15
these power sports, right? These ATVs,
42:16
these sideby sides, like that's a Honda
42:18
hallmark. And it would be so obvious for
42:20
them to graduate into this world. And
42:22
they're just afraid. They They're afraid
42:24
of anything. The prelude is automatic.
42:26
They're afraid of of like really going
42:29
>> I think they are afraid of that. I think
42:31
that they would also say that the new
42:33
passport is styled to look more
42:34
aggressive and that will that that what
42:37
consumers actually want is something
42:39
that looks like that but is drives
42:41
>> But the but but the sales numbers prove
42:43
that not passport has been for sale for
42:46
a month. The that's last generation
42:48
passport which we all agreed was
42:50
>> No, Honda wouldn't have agreed at that.
42:51
They were trying to sell that car and
42:52
they pitched it even then as the
42:54
off-road alternative to the
42:55
>> is more off-road than the old passport
42:57
>> Well, you know what? We care to make a
42:59
little wager sales disc
43:02
to my calendar. I can circle back.
43:03
>> I just don't get it. Like I I know that
43:05
it's hard to develop a body onframe
43:07
platform and do the locker thing, but
43:09
4Runner has been out there in the time
43:11
that Honda's been kind of screwing
43:13
around with not doing this. 4Runner has
43:15
sold over a million units in the United
43:18
States. It is not easy to sell a million
43:20
of anything. And since 15, for probably
43:23
sold 1.3 1.4 4 million cars in the
43:26
United States and Honda comes out
43:28
>> with this pilot base. Yeah. Same gen.
43:30
Not much work then there.
43:32
>> Yeah. I Where is the Honda of yester
43:36
>> It's worth noting that Honda has never
43:37
made a body on frame vehicle.
43:39
>> The one that they they have sold two.
43:42
>> uh the Passport and the Crossroad and
43:45
>> The old Passport and the SLX which were
43:47
rodeo trooper. The the I do but that
43:51
wasn't sold in the US
43:52
>> for the record. They rebadged the Land
43:54
Rover Discovery as the Honda crossroad.
43:57
>> But they never made one. Maybe they
44:00
>> They didn't make a V6 until they did.
44:01
They didn't make a turbo until they did.
44:03
>> How did that work out for them?
44:04
>> Well, they What do you mean? They got
44:05
V6es in the Pilot that
44:07
>> single V6 was made when they first came
44:09
out with it was mated to a 43 automatic
44:14
>> You're missing the point. You're missing
44:18
they don't make anything until they do.
44:20
They didn't have turbo until they did.
44:21
They didn't have electric until they
44:22
did. That's true. That's true. I don't
44:24
blame them for not going down that road,
44:26
but I don't think they're going to find
44:28
the success with the password that they
44:30
>> The market is well, I think their true
44:32
argument would be this is a lot easier.
44:34
You just take the pilot, make it
44:35
smaller, and you kind of try to convince
44:37
people. It's a marketing part.
44:39
>> It's way easier,
44:39
>> but people don't buy it. Like, they
44:41
literally don't buy it, but also they
44:43
don't buy it. They realize that they're
44:44
>> But if they sell 60,000, okay, you're
44:46
halfway to a Bronco without any of the
44:47
developing cost. you. It's not none of
44:50
the development cost
44:51
>> with a small fraction of the development
44:54
>> Yeah. But you got to also consider, you
44:56
know, what what is the transaction price
44:58
on that versus Bronco? Bronco had three
45:00
years where they were over sticker.
45:01
>> Right. And and resale is still crazy and
45:03
everybody's still super into it.
45:05
>> But then they'd have to like build like
45:05
a little mountain inside their
45:07
dealerships. They don't have room for
45:08
>> You know what they would really have to
45:09
do is build a truck. Like the the the
45:12
the genesis of all of this is that Honda
45:15
just doesn't want to build a real pickup
45:17
truck. But if they would just compete
45:18
and and by the way, we could get into a
45:20
Ridgeline Tacoma sales here also and
45:21
that also wouldn't look pretty. If they
45:23
would have just 10 years ago committed
45:25
to competing with the Tacoma, right?
45:27
>> They could have a 4Runner competitor and
45:29
a credible Tacoma competitor and they'd
45:30
have two more in their Core 6 that sold
45:33
massive numbers, but they're just too
45:35
scared. They're like they're like
45:40
>> He's like afraid of making a
45:41
>> just for contact.
45:43
>> I've seen that happen.
45:45
Uh, in 2024, Toyota or Honda solds
45:48
41,000 ridge lines.
45:49
>> Yeah. How many Tacomaomas they sell in
45:55
>> Five times as many.
45:56
>> It's It's five to one. That is crazy.
46:00
>> Five to one. Just so Honda can save
46:02
money on the platform. It's like, okay,
46:04
but if you had done this 10 years ago,
46:06
it's like the company that always rents
46:07
their space instead of buying it. And
46:08
then 30 years in the future, they look
46:10
back and they're like, you know, this is
46:12
exactly that. If they had just developed
46:14
the platform when they when this was
46:16
starting to become hot, they would have
46:18
two more really successful products.
46:21
>> I will say Nissan sold more more
46:23
Frontiers than Ridgelines,
46:25
>> which is tough position to be in.
46:27
>> The best time to plant a tree.
46:30
>> is yesterday. The second best time is
46:35
>> The best time to develop a midsize
46:37
bodyonframe truck SUV architecture is
46:40
yesterday. the a decade ago
46:44
today that market is not changing and
46:46
Honda I think with that car the passport
46:48
is still sitting there thinking we're
46:51
>> innovated in any way in 20 years
46:53
>> I you know I don't take but isn't wrong
46:56
>> there's a lot of great stuff on that car
46:58
>> innovative though
46:59
>> um the transmission selectors those
47:02
>> which they've been doing since the they
47:05
that went into the Acura RLX in 2017
47:08
>> switches have existed since the 50s
47:09
really but I mean whatever But that that
47:12
specific design has been in use for a
47:13
>> Right. Right. Right.
47:14
>> I will say there's some clever stuff in
47:16
that car. You know, there's no hump in
47:19
>> Which is pretty hard to do.
47:20
>> My family had a 2003 Honda Pilot. No
47:22
hump in the center.
47:22
>> Yeah. I mean that's but that's good
47:23
>> Yeah. That was 20 years ago.
47:25
>> Well, the point is they continue to be
47:27
>> I'm getting cars.
47:29
I'm taking that back. The Honda Fitz
47:31
packaging was innovative and excellent
47:33
and that which they developed for the
47:35
Japanese market in like 2004. Oh, wait.
47:38
No, that was 20 years ago. Never mind.
47:41
My point is my okay fine but that's why
47:43
people buy Hondas and honestly I think
47:45
that trait of just durable stuff that
47:47
you already know is exactly what people
47:49
are looking for a body on frame SUV
47:51
>> and Honda has the brand rep to do it. If
47:54
Chevy if Chevy did it with a Blazer
47:56
maybe they get if Hyundai tried it
47:57
people would be like
47:59
>> but if Honda with all their powers
48:00
sports and all their durability rep went
48:02
out there with a 4erunner rival it would
48:06
>> Yep. 100% agree. Got got to be called
48:08
something other than the passport
48:09
though. That feels very weak name wise.
48:11
>> If Toshihiro Mibe is listening, the CEO
48:13
of Honda Motor Company as you know.
48:16
>> Hopefully he will make that directive to
48:18
>> I just deeply believe it.
48:20
>> I mean I'm I've always been right. I've
48:22
always said all these manufacturers need
48:23
a G Wagon competitor. I've been saying
48:24
this years. I have a video from that is
48:26
now private on the old on the old
48:28
channel for like 10 years ago talking
48:30
about how everybody needs a Gwagon
48:31
competitor. And suddenly we're seeing
48:33
some interesting things happening. BMW
48:35
is now saying they want one. Lexus has
48:37
alexified the world. I I think that
48:39
everybody started the Tellide became
48:41
boxy, etc., etc. The Bronos showed up.
48:43
>> Toyota sells 30 trillion SUVs, period. A
48:46
lot of which are offering
48:47
>> and they don't have competition. You got
48:48
to also be if you're Toyota, you got to
48:50
also be sitting there going, I don't
48:51
know why these guys don't compete with
48:52
us. It reminds me of when I started on
48:54
YouTube and Road and Trek and and and
48:56
Car and Driver wouldn't create a YouTube
48:58
channel. And it was so clear that there
49:00
was a huge revenue opportunity there and
49:02
they were just like, "No, we're going to
49:03
sit this out. We we don't believe in
49:05
that medium. Yep. And then it all passed
49:07
by. I thought I was pretty good about
49:10
finding deals. Then I started using
49:12
Upside and now I realized that I was
49:14
leaving money on the table every single
49:16
day. Gas, groceries, eating out. Upside
49:19
gives you cash back on all of it. It's
49:21
stupid simple. Download the free app,
49:23
claim your offer, pay as usual, and get
49:26
paid. There are over a 100,000 locations
49:28
on Upside. So, no matter where I am, I
49:31
can open the app and find a spot nearby
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to earn. I've paid for an entire weekend
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of dining out just with the cash back
49:37
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an extra 25 cents back for every gallon
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on your first tank of gas using promo
50:05
code cars. Uh Ken, tell us about
50:08
>> Yes. Things that have not passed us by.
50:09
So we do Cars and Biz is doing a lot
50:11
more events recently which has been a
50:14
lot of fun. We have an event.
50:15
>> How do you go to it?
50:16
>> You go to cars. So it's cars
50:17
andbiz.com/events or at the very top
50:19
there is an events tab. It's in the
50:22
>> I'm glad you pay attention to the
50:24
>> wow, I love events.
50:25
>> So, we also have some retro. So, we have
50:27
some stuff that we've done in the past
50:28
where we recap what happened at the
50:30
event. So, most recently, the Cars and
50:31
Bids team last weekend and I went to
50:34
checked it out 25, which was a um
50:37
Porsche based event in Chicago. They set
50:39
it up in this really cool part of the
50:41
West Loop. Um and it was just Porsches,
50:43
Porsches, absolutely everywhere.
50:45
>> What was your favorite?
50:47
>> Well, God was there. Carrera GT was
50:49
there, of course. There it is. It was
50:50
black. It was an '05. You may have heard
50:55
>> No, that one was an '05. Um but but
50:58
there were I mean when I say everything
51:00
Porsche showed up, I mean everything
51:02
Porsche showed up from a 914 to a
51:05
chopped Cayenne to the Carrera GT. I
51:06
mean to a 917 like everything was there.
51:09
I believe the 917 was a wrap.
51:10
>> But uh we also had a local artist paint
51:12
this Porsche 97 hood which we then
51:14
raffled off to somebody who was in the
51:16
island one. Awesome. Uh, and it's now
51:18
hanging on their wall. Remember, this is
51:20
>> or they put it on their 997 or
51:22
>> that'd be cooler.
51:23
>> 987 interchangeable.
51:24
>> She did not Elizabeth. Congratulations
51:27
>> But, uh, it was a really great event. So
51:29
many people came up to us and the number
51:31
one thing I was well thing we asked was
51:33
where you were. Uh, but the but the
51:36
second thing we were asked was, are you
51:38
guys going to do more events? And the
51:39
answer is yes. We're doing an event with
51:41
IMSO. We did one recently which you and
51:43
I went to at Road America. We're doing
51:45
another one at Petite Lal at Road
51:47
Atlanta, which I'm very excited about in
51:49
October and we will be there doing a the
51:51
We're going to do a huge Cars and Coffee
51:53
event. But nonetheless, for those who
51:56
came to see us in the Midwest at
51:57
Chicago, a I'm very sorry I didn't
51:58
mention on the podcast. I completely
52:01
>> Oh, yeah. I I knew you were going. I
52:02
forgot. We all did. But yeah, Sean, I'm
52:04
sure was holding his head in in
52:06
disbelief. But nonetheless, for
52:07
everybody who came and said hello, thank
52:09
you very much for doing so. I had a
52:11
great time getting to spend time with
52:12
people, talk about cars, not just
52:14
Porsches, and uh it was a really lovely
52:16
>> People talk about non-Porses at Porsche
52:18
events. That's one of the reasons I've
52:19
never gone to a Porsche event.
52:20
>> Yes, they do. Surprisingly, they don't
52:21
want to just talk about Porsches cuz
52:23
they're car enthusiasts and so not
52:24
>> I'm like afraid people are going to come
52:26
up to me and start talking about air
52:27
>> Well, you're a Porsche guy, you know.
52:28
>> I'm a Porsche guy apparently. But if
52:30
someone comes up to me and starts
52:31
talking to me about air cooling,
52:35
>> you know, there that never happened to
52:37
>> Nobody talks to you about air cooling.
52:38
Nobody talks to me about airing or water
52:41
>> if they didn't have a can out about
52:42
that, who would they talk about that?
52:44
>> Right. That's fair. Watches. They We did
52:46
have had a lot of watches.
52:47
>> We're going to do more events. I am
52:48
excited. I want some events. I'm going
52:50
to go to some of these. I don't see any
52:51
of these that I'm attending in the
52:53
coming days. Uh but it also doesn't go
52:56
>> Well, just keep an eye on the events tab
52:57
on the uh on the cars and bids site and
52:59
you'll see where we're going to be.
53:00
>> And I and other people team will be at
53:01
many and Doug might show up. I'll be at
53:03
some for sure. I I like events. But no,
53:05
Felipe and I like meeting the people and
53:07
>> the people want to see you too.
53:08
>> Any event I can go to in my car, I will
53:11
be at. Filippo's got to pay to ship my
53:15
>> uh are we now have to move on to the
53:17
market report. The market report is
53:19
brought to you by Filippo's looking at
53:22
me angrily. It's brought to you by
53:24
Taylor. No, it's brought to you by Cars
53:27
>> Carsandbids.com.
53:29
>> It's brought to you by Filippo's
53:30
>> The best place to buy or sell a cool
53:32
car. It's brought to you by Paris Hilton
53:35
>> Um, I wonder what she drives around
53:39
>> yeah. She's probably driven I mean
53:41
driven in an escalator.
53:42
>> You think I don't think there are like
53:43
drivers waiting to pick up Paris Hilton
53:46
from the airport in Traverse City. Like
53:47
I think I think you land and like go to
53:49
Avis and pick up like a Equinox.
53:52
>> I don't think Travis I I don't think
53:53
Paris is going to Travis City Avis. You
53:56
>> I I saw those pictures. You think
53:58
Michael Hagerty drags himself around
54:00
>> Uh, yeah. Yeah, he's into driving,
54:03
>> right? Never stop driving.
54:04
>> Uh, want to talk market report. Uh,
54:07
Filippo, go ahead and get us started.
54:09
>> Yeah. All right. I'm not somebody that
54:11
knows a lot about old cars.
54:13
>> So, when I see a car like the Lotus
54:16
>> this sounds like it. I'm not somebody
54:17
who knows a lot about old cars.
54:20
>> I talked about the Lotus Europa in our
54:21
live now this past week.
54:23
>> This is a car that just seems
54:25
legitimately very cool.
54:27
>> And apparently it's worth $8,500. I
54:29
can't believe like No, but a lot of them
54:31
pull up your But this isn't the only one
54:33
we've sold. I'm astonished by
54:34
>> there. There are old cars that feel
54:37
Yeah. I mean, and that race car one. Uh
54:41
that's impressive. Like there there are
54:43
a lot of cars that to me feel really
54:45
exotic and special.
54:47
>> Because I don't know anything about
54:49
>> but they they look cool. They're old and
54:51
they're vintage. Like they seem really
54:52
interesting that it turns out are very
54:54
accessible from like a cost of entry
54:56
>> You could if imagine go back two
54:58
pictures. Imagine you're sitting at
55:02
>> And a Lotus Europa pulls up. That would
55:05
be pretty cool. And you can do that for
55:07
$8,500. It just seem these are such
55:10
>> There's a wide world of old cars.
55:12
>> I agree with you.
55:13
>> And some of them just seem like bargains
55:14
to me. I agree with you.
55:15
>> You want to know why?
55:16
>> Yeah, maybe they're unreliable. That's
55:18
true of old cars, though. And some old
55:20
cars sell for a million bucks. This
55:21
legitimately is a really cool car. When
55:23
these come to Cars of Coffee, you'll
55:25
>> I understand. I love the Lotus Europa. I
55:27
love old cars. I'm used to pain. I don't
55:30
think a lot of people as many people as
55:32
these cars age are as into that pain.
55:33
>> Problem to become mechanically savvy
55:36
>> cuz you got to do a lot of work.
55:37
>> I I Yeah, I am aware of this. Are you?
55:39
>> But there are still old cars from this
55:41
era that are a zillion dollars. This is
55:42
a lot of cool for the money.
55:44
>> I agree. Uh and to be clear, the S1's
55:46
are worth quite a bit more. The S2s are
55:48
worth a little bit less. I think that
55:49
they're really cool cars. They're
55:50
dramatically underpowered, of course,
55:51
but it's light. It's light. It's fun.
55:53
It's an experience. It's pull grape, but
55:55
like they're so cool. So so much style
55:59
>> Yeah. Look at that accordion style boot
56:01
>> That is pretty cool. And the leather
56:02
wrap. You drive this thing to Asian
56:05
>> Those Porsche 914 seats.
56:07
>> Yeah. Is that true?
56:09
>> Those are without question out of a 94.
56:11
>> You drive this thing to Asian Paradise,
56:12
you know what? You're in British
56:14
>> Something to think about.
56:15
>> Yep. Rainy and damp.
56:16
>> By the way, 914 is also not all that.
56:18
>> Well, look, the the the support vehicle
56:20
is a Ridgeline HPV. Honda god. Take back
56:23
everything I just said about Honda. This
56:25
person is an enthusiast of the brand.
56:27
>> Just so you know, that might have just
56:28
been a car also parked in Asian
56:32
>> Little air cleaner, a little car. Yeah,
56:33
I know. I agree. There are a lot of very
56:34
cool accessible vintage cars people can
56:37
>> Old lot of MGBs. Old Alfa are a great
56:43
one. I know old Alphas are fun to drive
56:44
and they are affordable.
56:45
>> Yeah. Yeah, exactly. there. You don't
56:47
have to spend a gazillion dollars to get
56:48
into an old cool car and but you will
56:50
have a really fun exciting experience.
56:53
You will have some stories to tell along
56:54
the way, but it is they are really fun
56:57
and yeah, I I agree. I thought about
56:59
this too when it came through.
57:00
>> It's just like seems like such a deal.
57:02
>> Yeah, it's cool.
57:03
>> On that subject, let's talk about uh
57:07
>> Yeah. All right. We sold a low mile NA
57:13
>> 16 for this M edition. I so in 2020 2021
57:18
>> any Miatas were like on the up it up and
57:20
like the cheapest any Miata you could
57:22
find was 10 grand some of that
57:24
>> I thought but like the upper end was
57:26
like 20 there wasn't a wide range worst
57:29
to best was I thought that they had all
57:32
cooled because the bottom end of the
57:33
market has kind of cooled a little bit a
57:35
rough NA Miata is no longer $10,000
57:39
>> eight I don't know what's the lowest
57:40
price one we've sold recently
57:49
>> this is 2025. I mean, this was modified.
57:51
>> Wow, that car is only 5100 bucks clean
57:53
that. Why didn't we buy that? What title
57:56
>> 124,000 mi in Minnesota,
57:57
>> but it's in Minnesota, so you probably
58:00
there might be some issues underneath.
58:02
>> Oh, yeah. Had an accident, too.
58:03
>> So, like there's still like the bottom
58:06
end has cooled, but the looks the top
58:08
end of the market is still surprisingly
58:12
that that M edition. Now, I will say a
58:15
low relatively low mileage M edition is
58:17
final year is that's a pretty desirable
58:20
>> but I was surprised to see that cuz
58:22
we've sold other late M edition models.
58:25
All the M editions were 997. Uh we've
58:29
sold other late ones and they're around
58:30
that same price point even like two or
58:32
three years ago. So, the the nice part
58:34
of the market, we sold one for 14 grand
58:36
a year or two ago. uh
58:39
uh like those are still seemingly going
58:42
up or at least flat which is a little
58:45
>> Yeah, I mean I think it's it's the the
58:46
case with these has always been
58:48
inflation pulls them up and also it's
58:51
>> uh nice any Miatas and they're still
58:54
>> if you want to have that experience. You
58:56
had it once before, maybe you were
58:57
younger, you modded one, you ruined it,
58:59
whatever you want to just like get into
59:00
one and enjoy it for a while. This is a
59:02
pretty cool car and it's just so easy to
59:04
own and to work on. Yeah, we have that
59:06
>> I love this one. This base base on the
59:08
like cloth seats, steel wheels. Go back
59:12
>> Go back to the uh Yeah, look at that
59:15
one. Oh, Miatas. You can do anything
59:18
>> The highest priced ones, by the way, are
59:19
all across the auction spaces are all VA
59:24
>> You want to want to sell your real It's
59:29
>> the stick swaps.
59:30
>> Stick swaps. Yeah.
59:30
>> All right, Ken, give us an NSX take and
59:32
then we got to move on to questions.
59:33
>> Yes. So, we also recently sold an NSX.
59:39
>> God, that looks nice. Click on that.
59:41
>> They It just goes to show
59:42
>> What was the mileage?
59:43
>> That's the thing. 98,200 miles sold for
59:48
>> The floor for NA or for the the floor
59:51
for NSX's is remarkable. They are just
59:53
>> NA as well. And yeah, an NA1 in this
59:58
>> I think that the I mean the floor has
59:59
definitely been reached and like they
00:01
are just straight up desirable cars.
00:04
virtually any mileage
00:05
>> as they should be. So cool. Back when
00:07
Honda would do something. That's
00:09
>> Back when Honda would do something. I
00:10
mean, yeah, this represents like a high
00:13
>> was in Canada. Hate to say it. And it
00:14
was in Canada. Hate to say it. Go back
00:16
to the some of these side photos. The a
00:19
good NSX with the right with those
00:22
>> like unmoded, untouched. That's like the
00:25
>> When I was a kid, like this is what the
00:29
>> Yep. I totally agree.
00:30
>> It's just And I look at this now. I
00:31
would prefer a T, but like
00:33
>> Mhm. But I'll tell you what, it it was
00:35
then and it still is now. It is so cool.
00:37
I I really want one. But it is cool to
00:40
know that they're like seems like they
00:42
they're done depreciating anymore in the
00:44
>> even you buy one and probably not lose
00:47
>> Yeah, you could definitely cuz they are
00:48
not they are not expensive to own as
00:50
long as you're a little smart about the
00:51
whole snap ring thing which this car may
00:52
have actually been affected by really
00:54
early ones. Yeah, but a lot of them are
00:56
>> but even then like that's a minor issue
00:57
compared to like BMWs the engine blows
01:00
that it's so funny what each car
01:01
community is like their their issue. You
01:03
go to the Honda world, it's like timing
01:06
>> Yep. BMW engines explode. Soon to be
01:09
product engines explode if they work
01:11
>> Go back to our NSX results cuz that same
01:13
week, two weeks ago, a week ago, we sold
01:15
a NSXT, which is what Doug would want.
01:18
>> 95. And this also had miles of memory,
01:20
>> right? And some light mods, but yeah.
01:21
>> 62,000 miles. I mean, that 100 grand.
01:23
That's $100,000 car.
01:24
>> I am so curious what a high mileage one
01:26
drives like cuz I've driven very low
01:28
mileage examples and wonderful. I
01:30
reviewed like this one or I think it
01:32
wasn't that exact car but I think it was
01:34
further. It was a black one that was a
01:35
that was a fixed headlight.
01:37
>> It was a fixed headlight NA2.
01:39
>> Yeah. It'll take me a second time. But
01:41
>> and and it was so enjoyable to drive. I
01:44
actually don't see Yeah. Oh god, I loved
01:49
>> so legit. Those cars are so so so fun.
01:52
So easy to own. So perfectly balanced.
01:54
These are the supercars for people who
01:56
don't have egos. If you have an ego, you
01:57
get a Countach like me. If you have no
01:59
ego and you just want to have the
02:00
driving experience, the purest mid-enine
02:02
driving experience is just great, you
02:04
get yourself an NSX, although they're
02:06
starting to become valuable in kind of
02:07
ego cars themselves. I mean, really low
02:09
mileage ones that these are are pushing
02:11
>> This is not an $89,000 car anymore.
02:13
>> Well, it had miles. It had like real
02:15
miles, right? I don't remember that. I
02:17
can't imagine that being
02:18
>> But the really late ones are, you know,
02:20
>> the late ones are expensive. 90 grand
02:21
for 130,000 mi. Pretty legit, though.
02:23
Not a lot of 130,000 mi cars in the
02:24
world sell for $90,000.
02:26
>> But people know that one lasts. Okay. I
02:28
want to move on to the questions. The
02:29
questions are brought to you by uh uh
02:31
Travis Kelsey's brother Jason, who will
02:33
also be at the wedding. Uh
02:35
>> you assume we don't know the
02:37
>> That's true. That's a good point. I
02:39
don't want to impose. You can ask us
02:41
questions by clicking on the community.
02:42
Go to carsbids.com. Click on the
02:44
community tab and uh there will be a
02:46
thing in there that says questions
02:47
questions and you ask us questions and
02:48
we'll answer them. This week some
02:50
interesting questions. Uh and we want to
02:51
start with actually go up to the first
02:53
one because there's a picture
02:53
associated. Uh the question is from JSD
02:56
in GW. If Tesla converted Cybertruck to
02:59
an SUV, do you feel that it would be
03:01
successful and overcome the stigma
03:02
associated with the truck? Seeing this
03:03
rendering, my answer is no. It would do
03:07
>> It would do well. If you could Yeah,
03:10
>> If you could turn that into like a
03:11
family SUV and you could justify it as I
03:14
want a large family SUV, I think it
03:16
would legitimately do much better.
03:17
>> It's already that if you want it,
03:19
>> No, but it doesn't have third row seats.
03:20
It doesn't have an enclosed uh cargo
03:22
area. It has a tano cover. But I think
03:25
>> I mean, it's basically that. I I
03:27
legitimately think if you're Tesla,
03:28
there is a market for consumers that
03:30
already owned a Model X, haven't felt
03:32
the need to upgrade cuz God knows that
03:34
that car hasn't changed since it came
03:35
out in 2016 uh and 2017 and would buy
03:40
>> The truck has not been particularly
03:43
>> They should try this month.
03:44
>> They should try this. They re repurpose.
03:47
>> Would it overcome the stigma associated
03:48
with the truck? No. I think it would be
03:51
>> where you know the person driving. You
03:53
know kind of some things about them.
03:55
>> Okay. It would be the same buyers.
03:57
>> Uh yeah, ironically, it probably would.
03:58
Maybe do a four row.
04:00
>> Something for you to think about like a
04:02
like a Kia Carnival.
04:05
>> The Kia Carnival is sold as a four row
04:08
>> Oh, come on. Pull up the type in Go to
04:11
the new tab and do Kia Carnival 4. How
04:12
do you not know this? You know
04:14
everything. I know. How do you know?
04:15
>> Carnival four row. Four rows. Yep. And
04:18
then put go to images. There it is, my
04:20
friend. I can't believe this one here. I
04:22
can't believe you don't know this
04:25
>> No. Did that the question in that post
04:27
was did the carnival ever have four rows
04:29
>> And the answer is yes. Zoom out. There's
04:31
pictures everywhere. This was a big
04:32
thing when it when it when it came out.
04:34
There's an 11seater carnival of the old
04:37
>> They didn't do it in the
04:38
>> That's pretty cool.
04:40
>> Wow. That's crazy.
04:41
>> Unfortunately, that interior photo is
04:42
from Toyota Sienna.
04:44
>> Well, is it a Sienna? No. Pull that up.
04:46
Pull that up. Go to that. Go to that. Go
04:47
to that. What is that?
04:49
>> You think I don't You think I don't spot
04:51
Toyota interiors? That is some Toyota
04:53
>> Yeah. Yeah, it's a Toyota shifter.
04:54
You're right. I apologize. Next
04:55
question. I am Batman. Question for
04:58
Kenan and but I'm going to answer it. Uh
05:00
Kenan said on the very first car pod of
05:02
the year that he would buy a Cayenne. Is
05:03
this going to be as real as the day we
05:04
finally get to see Emily on the pod?
05:06
Kennon ain't buying anything, folks. I'm
05:07
going to tell you I'm going to let you
05:08
in on a little secret. Since we started
05:10
the pod, Kenan has said that he was
05:11
going to be buying this car and that car
05:13
and a GT4 and a and a Boxster Spider and
05:16
>> I never said GT4.
05:17
>> Well, whatever. box spider the
05:18
convertible version and a Lotus this and
05:20
a Viper that and a Cayenne. It ain't
05:23
happening people. We baited you. No, I'm
05:25
kidding. I was baited, too, cuz I was
05:27
hoping. But now I've realized
05:28
>> Well, I looked and like nothing like I
05:29
looked at Vipers. I called about Vipers.
05:31
They just weren't around.
05:33
>> Questions about a Cayenne.
05:34
>> You're the one who told me that I should
05:35
instead of getting a Cayenne, you know,
05:37
I'm young. I don't have any kids. Like I
05:39
should have sports cars. I should have
05:41
>> All right, fine. Let me cut the Cayenne
05:44
out cuz I looked at a GTS guy brought it
05:46
here to the office. I was call very
05:48
>> Let me rephrase the question. Question
05:50
for Kenan. Kennan said on the first part
05:51
of the year that he would buy a car.
05:57
>> Yeah, eventually the M5 will break down.
05:58
He'll need have no choice.
06:00
>> No, the M5 won't break down at all. I
06:02
>> And that's the answer to that. Nope.
06:04
>> I don't think I don't think so because
06:05
again, I've kind of lo I don't know what
06:07
I want anymore because I'm very
06:09
fortunate. I drive a lot of really cool
06:10
cars for cars and bids all the time. I
06:12
get to experience a lot of cool stuff.
06:13
And my golden my north star was the 355
06:17
for a long time and it broke my heart
06:18
and now I'm just like too nervous to buy
06:20
anything cuz I just I'm afraid it's
06:21
going to happen again. And so
06:22
>> I give you like a middle star like a
06:25
star. It's somewhere out there in the
06:28
>> maybe. I don't know. I just don't know
06:29
>> What about like just get a get a Viper?
06:33
>> He's not going to get any car. This is
06:34
what I'm starting to realize. The two of
06:36
you are just bluster. At least
06:37
>> What are you talking about? I literally
06:38
bought a car while I was in a meeting
06:40
over there. At least I'm out here
06:43
>> talking about getting a C7 or a 997 or I
06:47
got a Mark 8 which is you you fippoed
06:50
which is that you settled for something
06:51
triangle. Here's Fippo possible reality.
06:55
I've driven it 17,000 mi in the last 8
06:58
>> I'm not saying you don't bought a car. I
07:00
was sitting in a car right there during
07:01
a meeting. I bid on it during a a show
07:04
we were taping. I bought a car.
07:06
>> We know the story. This question is for
07:08
me and I think that the reality of it is
07:10
like my point about it is like I just
07:13
all the cars I want are 120 grand,
07:16
$150,000. I just don't want to spend
07:18
that. Like that's the reality of it.
07:20
Like the boxer spider is in $100,000.
07:24
>> When you get to the point where you can
07:25
afford those cars, all the cars you want
07:27
will be in the $300,000 range.
07:29
>> I know. That's the problem. That's why I
07:30
jumped into buying a 355 when I did
07:32
>> not saying they're going to go up in
07:33
value. I'm saying your tastes are going
07:35
to change. That's what happens. And so
07:37
like at some point you just have to
07:39
every house buyer wants what's in the
07:40
next price bracket no matter how much
07:41
money you have. Like that's what at some
07:43
point you just have to take a plunge.
07:45
You've spent this entire year carless.
07:47
You could have been driving around in a
07:49
Viper. Okay. Yes. The E35. I know. I
07:51
know. I know. But you've had that you've
07:52
had that extreme experience for 14
07:53
years. You could be driving around in a
07:59
>> Also, we came our producer Sean came
08:01
very close to getting you to buy an old
08:06
He told me he said some very derogatory
08:07
things and I decided not to buy it
08:09
>> and he he was wrong.
08:11
>> You that was your fault. Maybe I should
08:13
stop listening to you.
08:13
>> I'm supportive of any car at this point.
08:15
Any car. You want to get an Akira ILX
08:18
auto. Not even stick auto. It's a good
08:21
thing. I don't know what that is. But I
08:22
think the the you you guys I just got to
08:26
stop listening to you guys.
08:27
>> Yes, of course. Stop listening.
08:29
>> I got to buy what I want.
08:30
>> All right. Speaking of this exact thing,
08:32
next question is from Monkey Mike Kenon.
08:34
First off, I'm sorry for this question.
08:36
That said, having owned and sold on cars
08:38
and bids, a fully s sorted low mileage
08:41
G39M5 and finding out that it didn't
08:43
live up to the hype, what other cars the
08:45
collective automotive mind hive minders
08:47
placed on such a high pedestal, the
08:49
experience can't possibly live up to the
08:51
>> We pull up this guy's click on his
08:53
username there. What did he What was the
08:54
car like? It was a mint.
08:55
>> Oh, he sold some sorted $28,000. Really?
08:58
>> Oh, yeah. Fully sorted. A salvage title
09:02
>> I'm sure I'm sure it was really nice. It
09:04
drove nice and straight after it was
09:05
driven into a tree. You know that's a
09:07
mint example with black grills. Get out
09:09
of here. You don't know what you're
09:10
talking about. This car is modded. Get
09:13
>> Monkey Mike you selling your cars on
09:15
cars and beds. That car seems to do very
09:17
well. It's clearly was a car that the
09:18
market appreciated for a salvage car.
09:21
>> Yeah. Blue. Blue. Not
09:23
>> got hit while parked by the way.
09:24
>> It got hit while Yeah. Sure it did in
09:26
the rear. I'll bet it was hit. It was It
09:28
was hit in the front cuz all the front
09:29
mods. It must have been hit in the
09:30
>> No, that's not true. We'll just put
09:32
black girls on it for some stupid
09:34
reason. God, it looks
09:35
>> I I do agree. It looks worse with black
09:36
girls. But other than that, this does
09:37
look like a nice car.
09:39
>> Keep selling cars with those. Kenned,
09:40
you were never going to ask Kenned a
09:41
question about an Ethern five where you
09:44
>> people's definition of sorted and my
09:46
definition of sword are very different
09:48
>> Okay. So, so you're before we even get
09:50
to the question which I asked but was
09:54
>> Uh before we get to that, your point is
09:56
that he did not actually have a sorted
09:59
Ethernet 5. Look, I've driven dozens of
10:02
them. When you drive one that is
10:04
actually like has had all of the
10:05
suspension components replaced from H
10:07
arms down in the rear. Everything it
10:10
does make a big difference and like they
10:11
all are a little bit different. They've
10:13
all lived different lives and so like I
10:14
have done everything there is to do.
10:16
There's nothing left to be done.
10:17
>> Where does this one?
10:18
>> Ryan Schultz too. Ryan's M5 which I've
10:21
many times as Ryan.
10:23
>> Ryan's is better.
10:24
>> I thought you did everything that had to
10:25
be done. So why is Ryan better?
10:26
>> Cuz I can't replace the wheels. That's
10:28
the biggest difference to me.
10:33
>> Ryan's is the probably the nicest in the
10:36
world or one of the nice places.
10:37
>> Your wheels are unbalanced.
10:38
>> No, you can't replace the rears. They
10:40
are they've been no longer available for
10:41
>> How does that impact slightly? It's a
10:44
>> I'm not going to get an Ethern M5. The
10:46
>> does it live up to
10:47
>> What enthusiast cars have the collective
10:50
hive mind placed on a pedestal so high
10:52
that the experience can't possibly live
10:54
up to expectations? You know, another
10:55
great example of that is another car
10:57
that our friend Kenon owned,
11:01
>> Yeah, it didn't live up to my
11:02
expectations, that's for sure. And I
11:04
admit like the E39 would not live up to
11:05
everybody's expectations as there are
11:07
certainly flaws with the driving
11:08
experience, steering, weight, all those
11:10
things. But the there are a lot of a
11:12
good example 250 GTO probably deserves
11:14
to be on that list for $100 million.
11:16
>> You see Harry's post today?
11:17
>> No. know what he
11:18
>> Harry posted on Insta that uh he there
11:20
was like for some reason like eight two
11:22
of the GTOs had to be moved from one
11:24
event to another and they asked him to
11:25
do one of them. He was like it was
11:27
amazing like hearing at full tilt while
11:29
you're in the car and also there's one
11:31
>> Yeah, that's that's some deep area.
11:35
Nobody else gets that experience
11:36
>> for the for the 250 GTO Transit. They're
11:39
>> right for nine of the 31 around. That's
11:43
>> So, uh, there are probably a lot of cars
11:45
that don't live up to expectations. I
11:47
actually think a lot of them kind of
11:49
>> The problem is expectations.
11:51
>> One thing I will say is my three cars I
11:53
really feel like lived up to my
11:54
expectations and that's one of the
11:55
reasons I've been so reticent to do
11:57
anything, sell or buy anything new. Like
11:59
Countach blew away my expectations. Croj
12:01
I knew what to expect and love it. 4GT I
12:03
think is one of the great cars.
12:04
>> You've talked a lot about cars that
12:06
surpassed your expectations. The GT350R,
12:09
the Zonda, like a lot of cars that were
12:12
>> Name another car. You must have driven
12:13
some super car that was like, "This
12:14
isn't actually that great." Was the F40
12:17
>> Yeah, F40 is great. I mean, it needs
12:17
brakes, but which is why they all have
12:17
been brake modded, but is probably the
12:17
best that I can think of.
12:17
>> Uh just don't feel like it really has
12:17
the engine and transmission combination
12:17
that the looks should suggest that it
12:18
should have. Uh which I presume they've
12:20
figured out for Utopia. Uh but I Wra was
12:23
a little bit of a disappointment.
12:24
There's probably other ones, too. Um, I
12:26
can't really think of any off hands, but
12:27
there are there are a lot of cars, I
12:29
think, enthusiast cars that that 200
12:31
series Land Cruiser was one of mine.
12:34
>> You would say the 70 series, but I love
12:36
the 70 series. Um, and I've driven it
12:39
thousands of miles. Um, but I do think
12:40
that there are, yeah, there are a lot of
12:42
cars that people put on pedestals that,
12:44
you know, especially as time goes on and
12:46
they age. It's like you didn't you lose
12:48
the ability to assess the car in its
12:51
time period given what it was when it
12:53
was built, what was in competition. What
12:55
was what did a normal car feel like
12:56
versus what does this feel like?
12:58
>> You lose that ability. And so, like, I
12:59
think there are a lot of cars that are
13:01
on that list. And for some people, maybe
13:02
it is the 395. Some people it is the 250
13:04
GTO. Expectations are
13:07
>> the killer of joy, the robber of joy,
13:09
>> You hated your Ferrari 360 cuz you
13:11
expected it to do something that you
13:12
never drove one with no expectation and
13:15
>> and like expect I was reading a news
13:17
article on Nvidia earlier because Nvidia
13:19
earnings are out for Q2 and they their
13:21
earnings were up 56%. And their stock
13:24
market is notably down because analysts
13:25
expected it to be up 60%. Or
13:28
thereabouts, right? So like expectations
13:30
are what kills this. If you go in with
13:32
expectations that are more realistic for
13:33
what the car can deliver based on where
13:35
when it's from, based on the era,
13:37
>> the problem is that some people have
13:39
built up cars to be something that
13:41
>> I will tell you I more frequently have
13:43
the opposite interaction, which is that
13:45
I have a low expectation and the car
13:47
delivers better. And I can come up with
13:49
a lot of examples of that.
13:51
>> That's way better.
13:51
>> The Fier Mark GTI is so much better than
13:55
I expected cuz every review was quite
13:57
quite critical. RX8. RX8. RX8 is one of
14:01
all times for that.
14:02
>> Tell you what, it's so much better
14:02
expected because you didn't expect to
14:04
have one at all. Um, but mark my words,
14:06
one day I suspect I'll go back to 355
14:08
with that more seasoned um, perspective.
14:12
>> that's interesting. Uh, next question
14:14
uh, from Ronnie F430. Hey Doug, why does
14:17
every YouTuber/journalist praise the
14:18
Miata so highly as the best driver's
14:20
car, but rarely do they have it as their
14:21
main car? Is there some flaw in it?
14:25
>> It's a really automobile. You ever been
14:28
in one? It's little. You have it as a
14:31
fun weekend car and then you put it away
14:33
and you get back into your third gen
14:37
>> And honestly, that garage, those two
14:39
cars, an ND and a third gen 4Runner.
14:42
>> No, you know what?
14:43
>> An ND2 and a fourth gen 4Runner.
14:47
>> That's all you need.
14:49
>> That's all you need.
14:49
>> You know what? No. An N an ND RF and a
14:53
>> and a Honda Passport. Oh, I the the ND
14:56
is a small two seat automobile without
14:58
that much storage space that's not that
14:59
comfortable for long trips and that's
15:02
why it's not many people's only car.
15:05
>> Uh it is a great car.
15:06
>> It's a small vehicle. If you haven't
15:08
been next to one, it's a small vehicle.
15:11
>> No, but the question is why do people
15:13
not use as their main car? And that's
15:15
the answer. Like it's ultimately like a
15:16
little a little car,
15:18
>> which it should be. It's it's an amazing
15:19
car and it's fun, but like I the
15:21
question asker, I guarantee you does not
15:23
like is not old enough to want
15:25
prioritize comfort or have a family or
15:27
anything like once you get into your
15:29
30s, you're, you know, pushing 40, 40
15:31
up, like you you don't necessarily want
15:32
to be getting into this as your only car
15:33
every day. And once you have kids,
15:35
whatever, like this isn't a thing you
15:36
can use as like a frequent as frequent
15:38
vehicle either. Here's a fact.
15:40
>> A GTI market GTI
15:44
>> Wow. That's shockingly small. The ND
15:46
Miata is 154 inches long. It's 15 inches
15:49
shorter than my GTI.
15:50
>> I don't even know if I believe the GTI
15:51
stat to be honest with you.
15:53
>> I don't tell you. Uh just
15:55
>> I did I did trust Google's AI overview,
15:58
so like who knows, but it's a small
16:00
small vehicle. It's notably shorter than
16:02
a GTI, which is not that big a vehicle
16:04
>> Uh couple more questions that are all
16:06
pretty good. EVs and clutch pedals. Doug
16:07
Deir, to what extent do you still write
16:09
the Doug's take on listings, and how
16:10
difficult does it get for you to be
16:12
diplomatic and positive when writing
16:13
about the certain cars? Uh, I write I
16:16
don't write them, but the the our
16:17
editors write them and I look over every
16:19
single one without exception. I look at
16:21
every single Doug's take, all of them,
16:23
which means that I do look at every
16:24
single car that goes live on the site,
16:26
not just when they're posted, but before
16:27
they're posted. Uh, I look at every
16:29
single car without exception. How
16:30
difficult does it get for you to be
16:32
diplomatic and positive? The thing you
16:34
got to remember is like I more than
16:35
anybody that you'll meet am like a huge
16:37
believer in the market. Uh, and so like
16:40
I just Yeah. Some of the cars I I
16:42
wouldn't buy, but like at the right
16:44
number, the market decides that's what
16:46
it's worth. Like Gibli is a good
16:48
example. Yeah. Like this at 13, 14, like
16:50
these are pretty appealing cars. I've
16:51
always said bad things about that car,
16:52
but like it starts to become appealing
16:55
and that's what the market values it at
16:56
and so that's what it's worth and so
16:58
that's what people believe it to be
16:59
worth. And so like to me, you know, I
17:01
don't know. I don't think it requires
17:03
that much heavy lifting uh compared to
17:05
if we were selling new cars and and and
17:07
you have to say stuff like we sell the
17:09
passport this way because we want to
17:11
provide a balanced experience for our
17:12
customer. I will also say more you more
17:15
so than I think anybody realizes and
17:17
that anybody else I know like almost
17:20
every car. You like all cars in some way
17:22
or another. Yeah. It's like very rare
17:24
that you like truly don't like it or
17:25
can't identify why that specific one is
17:28
>> has some benefit. Yeah, totally.
17:29
Especially the stuff we sell. Like I I'm
17:31
I the the the really basic stuff, the
17:33
the the basic Korean stuff, I I have
17:36
trouble with. But if it's on our site,
17:37
there's something about it that's cool.
17:39
Even if it's Hanely modded, even if it's
17:41
we, you know, whatever. Like there's
17:42
something about it that's cool. And I
17:44
>> Next qu I'm sorry, you have you have
17:46
>> No, I was going to say the other thing
17:47
is like even if there are cars that are
17:48
in back edition or whatever, your
17:49
argument is well, you can always turn it
17:50
into a track car. And like there's
17:51
always an angle like there is always a
17:53
positive to be found with a lot with
17:54
these cars because we accept cool stuff.
17:56
And so yeah, I agree. Although, man,
17:59
you've looked over a lot of Doug's
18:02
>> it's wild to me. We're over 30,000
18:04
>> Next question from Mart Walk. Uh,
18:06
question for Doug. If and when the time
18:08
comes to sell one of your exotic cars,
18:09
would you list it as no reserve on cars
18:11
and bids? Heck yeah. Uh, next question
18:14
from Battlefront Brigadier. Here's my
18:18
buy that Ram, this guy. Battle
18:20
>> Battlefront should
18:21
>> uh question for Doug. How do you buy
18:22
your cars? Finance cash, etc. Uh the
18:27
answer used to be that I would finance
18:29
them because penfed would set would loan
18:31
me. I bought every car with a penfed
18:33
loan and and there San Diego is like the
18:35
only city in the country with a physical
18:36
penfed location. It's like San Diego and
18:39
DC are like the only two
18:40
>> because of the the the military presence
18:42
and so like you could go in and come out
18:44
with a check like you didn't have to do
18:45
the whole thing over the phone and wait
18:46
for a representative and all that stuff.
18:48
It's in Kernney Mesa and uh
18:50
>> look up or I guessar. Yeah. Uh, and um,
18:54
uh, but, uh, with the interest rates so
18:56
high, I've had to start using cash to
18:58
buy my vehicles, uh, which is insane. I
19:00
know all the other YouTubers rent them
19:02
or lease them or do some sort of
19:03
creative financing situation, but that
19:05
ain't that ain't Doug, unfortunately. I
19:07
wish it was. I wish we were still at a
19:09
2% interest rate situation. Uh, but, uh,
19:12
I have a lot of cash tied up in cars and
19:14
and it could be going to better use,
19:17
such as getting Filippo a water feature
19:21
>> wow. Is that what it's when like a pipe
19:25
>> No, that's like this Rolls-Royce water
19:26
feature here. That's uh that's what
19:29
that's what we're going for.
19:30
>> Okay, next question from Chris 182.
19:33
Actually, no. I'll I'll do Eric 44, then
19:34
Chris, and then I'm done. Eric 44. Hey
19:36
Doug, would you ever consider going to
19:37
Bowden Auto House to get a custom
19:39
exhaust for your Carrera GT? I get asked
19:40
all the time about custom exhaust for
19:42
the Carrera GT because the Courier GT is
19:44
one of the great sounding cars of all
19:45
time. And if you listen on YouTube or on
19:47
Instagram some of the clips, their
19:48
custom exhaust sound absolutely
19:50
unbelievable. The problem with me
19:52
getting a custom exhaust, I drive the
19:54
car much more often than any other car
19:56
GT owner, certainly United States. There
19:57
are some European owners that drive it
19:59
as much as me, but I drive the car more
20:00
often than anybody else. I live in a
20:02
city. I do not live out in the country
20:03
like Canon uh with with his horses.
20:05
>> I live down the street from
20:07
>> He's got he's he keeps a family of
20:08
muskrats uh in his in his uh
20:12
outbuilding. Uh I don't do any of that.
20:16
And so the problem is that driving the
20:18
car so much I just I don't want it to be
20:20
annoying. And every exhaust I have ever
20:22
heard for that car, as great as it
20:24
sounds at full throttle, is unbelievably
20:26
annoyingly loud at low RPMs and idle.
20:29
And it would it would stop me from
20:30
wanting to drive the car. It would wake
20:31
up my neighbors when I take the car out
20:33
early. I took the coutach out at 7 a.m.
20:34
this morning, and I felt so bad. Um,
20:36
like I just I I it it's it would wake up
20:39
the car a little bit more, but it is not
20:41
something I'm interested in doing for
20:42
that. Never heard in all the YouTube
20:44
clips I've ever heard of Courage
20:45
exhaust, I have never heard of one that
20:47
is quiet enough in a normal situation
20:51
that you can that even the valved it's
20:54
they're just too loud. They just put too
20:56
>> And I'll tell you the great secret about
20:58
the Career GT is when you put the roof
20:59
on, you get to enjoy the induction
21:01
noise. And the induction noise of that
21:03
car is just as good as the exhaust. It
21:05
is so spectacular in that thing.
21:06
>> I do love driving the roof on now. I'm
21:08
kind of committed to just
21:09
>> I firmly believe it and maybe it's in
21:11
your book you have on it that it was
21:12
supposed to be always be a coupe and not
21:13
a convertible but it was so stiff they
21:15
could just take the roof off. American
21:16
consumers would want that and so they
21:17
did it. But I have a feeling and the
21:19
other thing is like it it does even with
21:22
a great exhaust on it you get to hear it
21:24
echo off of things. The best place to be
21:25
in a Courage GT is the car behind it cuz
21:27
that's where you get to hear all the
21:28
sound anyway. So roof on induction noise
21:30
that's your answer and it's very good.
21:31
And you know what? The Courage GT, and I
21:33
maintain this and I will forever, is the
21:35
greatest car designed at a strip mall in
21:39
>> Stiff competition.
21:42
>> Uh, okay. Final question from Chris 182.
21:46
Uh, no greater car has been designed in
21:49
suburb in a strip mall in suburban Los
21:50
Angeles. Do you understand that?
21:52
>> Don't come at me with your other cars
21:54
designed in suburban LA strip malls.
21:56
>> I got others, but I'll I'll let it be.
21:58
>> Chris, why don't you question for the
22:00
>> Yeah. Can you guys outline your
22:02
automotive careers and how you got where
22:03
you are today? I've already talked a lot
22:05
about mine. I actually would like if
22:07
Filippo because we don't hear a lot
22:08
about Filippo's past. Like we know Kenan
22:11
worked for Exotic Car dealership. He
22:12
references it sometimes. I want to hear
22:14
about Filippo's story about his journey.
22:16
We know he's Italian. We know he lived
22:18
in Wisconsin. We don't really understand
22:20
how both those things happen at once.
22:21
Like take us through kind of the
22:24
>> Short view back at the past. Felico.
22:25
>> Uh no, I'll I'll take it from from my
22:27
professional career. Um
22:29
I hear in the early days
22:30
>> before Carson bits all of my jobs were
22:33
education focused. I worked in education
22:35
data worked with school districts on
22:36
education finance stuff and but I've
22:38
>> for those of us who don't know what that
22:40
means which even though I've known you
22:41
for 12 years includes me. What is
22:43
education data? I mean am I wrong? Like
22:45
you're sitting here like what is he
22:46
talking what is education data and
22:48
education finance for the for the
22:49
audience for the hot hits for the who
22:50
certainly cares about this greatly.
22:52
We're going to the retention is going to
22:53
plummet at this moment of the podcast.
22:55
Luckily it's the end. Uh I worked for
22:58
for a company where we worked with with
23:00
state departments of education uh and
23:02
school districts to develop like school
23:03
accountability report cards to do data
23:05
analysis on which schools which teachers
23:10
creating better outcomes for their
23:11
students. And then after that I worked
23:13
for quite a while at a company that
23:15
works with school districts on better
23:16
budgeting and managing of their
23:18
resources, how to be more equitable, how
23:19
to plan better uh using a software
23:22
product that we built. So, you were like
23:23
a consultant and they would call you up
23:25
and say, "Yo, dude, this is Omaha
23:27
Federal or Omaha Unified or whatever
23:30
closer. I don't know how it works. This
23:32
is this is uh Lincoln, Nebraska Area
23:34
Schools. We we got some budget issues
23:37
>> or or can you help us for for that
23:39
company? It was it was a a software as a
23:41
service company where we sold to school
23:42
districts and some other educational
23:44
entities uh a product and I helped them
23:47
implement it and I did kind of the data
23:49
ETL transformation from their enterprise
23:52
resource planning system to our own our
23:54
>> the ERP the ETL from their ERP.
23:56
>> Let me ask you this. How the hell then
23:58
>> God I don't know man.
24:00
>> That's a good question. I've known Doug
24:02
for a long time. I used to film videos
24:04
with with you back in like 2014 2015. Uh
24:08
when you first got the Hummer, the video
24:10
was poorly shot and shaky because I was
24:12
>> for years. Felipe fil my videos
24:14
>> a year two years.
24:15
>> And then when you started cursing bids,
24:16
I thought that I could apply some of my
24:18
like data knowledge and car expertise
24:20
and kind of combine those into one
24:22
thing. Have I been successful in that?
24:26
>> You started by writing listings for
24:28
>> I started writing listing just cuz I
24:29
could put words together with a
24:32
>> Yes. You struggled sometimes. I was I
24:34
>> free auto check vehicle history reports
24:37
>> So that's Fippo's history. That's
24:39
Filippo's history. He worked in
24:40
education something or other. You heard
24:42
>> And uh he was trying to optimize schools
24:45
and school districts. It s to me it
24:47
sounds like he was like like the private
24:49
equity for schools. He was getting
24:50
teachers fired particularly. No, we no
24:53
we were all No, want to be really clear
24:55
about this. No, we were all about
24:56
helping school districts develop better
24:58
budget. We were helping to improve the
25:00
school sometimes by reducing
25:04
>> No, better budgeting is good. Uh
25:07
>> budgeting. Yeah.
25:08
>> Uh there's a Joe Biden quote that we
25:10
used a lot at the time.
25:12
>> Oh, that was uh don't tell me what you
25:14
value. Show me your budget and I'll tell
25:16
you what you value. And our goal was to
25:17
make it easier for school districts to
25:19
actually kind of connect their goals
25:22
>> Okay, that's real.
25:23
>> Canon tell can I say one thing? Yeah.
25:26
prior to cars. People at all my prior
25:28
jobs did not know that I was into cars.
25:30
This was not a part of my like sometimes
25:35
>> My friends did sometimes but it was not
25:37
a part of my life and now for the last 5
25:38
years cuz it's been 5 years this week of
25:40
being a full-time car. Wow.
25:43
>> There's been like a incredibly large
25:44
part of my life publicly. Interesting.
25:47
>> Well and you were always into like I was
25:49
that wasn't like my personality you
25:51
>> Yeah. But I always felt like you
25:52
belonged in some sort of automotive role
25:54
and I still believe that. I I truly
25:55
believe that the rest of your career
25:56
should be an automotive whether it's
25:57
here or elsewhere. I truly believe that.
25:59
>> Um it's just he's just into it. He's
26:02
into it and he's good at it.
26:03
>> RJ call me up. He's already
26:05
>> Yeah, R.J. will call you.
26:06
>> Uh Kenan, you want to give us a brief
26:08
overview here of your situation? I
26:10
recall you're from Ohio.
26:11
>> Talked about it a couple times. Yeah,
26:12
I'm from Cleveland, Ohio. I started
26:13
working at an exotic car dealership when
26:15
I was there. Um I had known the family
26:17
that owns it for a long time. They were
26:18
looking for someone to help with their
26:19
digital media pres presence and like
26:21
marketing in general. I started working
26:23
there and then I reached out to you uh
26:25
because we wanted you to come look at a
26:26
LaFerrari that we had and it didn't
26:28
quite work out. You were moving from
26:29
Philadelphia out to San Diego. We
26:31
started talking about San Diego. I'd met
26:32
you previously when my M5 broke down at
26:34
one of your your meets and you
26:35
remembered who I was as a result.
26:37
>> And then I was out here for a car event,
26:39
the La Hoya Concur Deans. Uh, and I had
26:42
mentioned to you that I wanted to I had
26:44
isolated my focus at that point to
26:46
living in San Diego, which was a
26:47
lifelong dream of mine cuz the weather I
26:49
mean Cleveland here who wouldn't want
26:50
to. Then um and I wanted to work for an
26:53
auction company. I mean, one of the
26:54
established houses. Um but you were
26:56
already thinking of starting well now,
26:59
not then. Uh you were thinking about
27:02
starting this company and I think you
27:04
went home and told your wife that day.
27:05
It's like I think we found someone who
27:06
can help us do this. And I was the first
27:07
person that he called when it was time
27:08
to like hire people and the team the
27:11
team that built the back end of the site
27:12
and what it looks like now had put
27:14
something together. And uh I didn't
27:16
>> You were the first employee?
27:17
>> I was the Yep. the first employee. Uh,
27:19
and and yeah, and then I, you know, was
27:21
supposed to come out, took my car, all
27:22
my stuff, and then CO hit. Yeah.
27:24
>> And it was a whole thing from there, but
27:25
eventually got out here, we launched it,
27:27
>> And by the way, for those who don't know
27:29
and are curious, Nick's background, uh,
27:32
he was on the podcast sometimes uh, is
27:34
that he was uh, raised by wild boores in
27:37
the hills of Tennessee. So, there we go.
27:40
That's the podcast uh, for today. The
27:43
greatest one we've ever done, but only
27:44
if they keep in that stuff about Paris
27:46
Hilton, and Traverse City. If they take
27:48
that stuff out, this podcast was a waste
27:50
of time. If you're watching this right
27:51
now and there's you haven't seen
27:52
anything about Paris Hilton and Trevor
27:54
City, you got screwed. You think we
27:56
wouldn't cut this part, too? Uh, Paris
27:59
Hilton Treasure City. Goodbye, everyone.
28:01
Cut him out. Goodbye.