The Absurd Monthly Payments For My Car "Collection"

[@truckercowboyed2638]

Honestly don't change the exhaust, it sounds great already......

[@logtec1162]

Yeah I think this exhaust is just perfect. More is way too laud .

[@seekdiscomfort4746]

HONESTLY? STRAIGHT PIPE THE CAR! THIS IS YOUR FUN MOBILE AT THE VERY LEAST.. EITHER WAY CHANGE IT? CAN TELL YOU ALREADY KNOW WILL BY THE WAY YOU WERE TALKING NOT ONLY FOR THE BIT OF HP INCREASE BUT JUST SIMPLY THE SOUNDDDDDD!!!! MAKES ANYTHING 10X FUNNER TO DRIVE WHEN THATS YOUR GOAL! LOVE YOUR CHANNEL BRO AND YEA THE PAYMENTS SOUND ON POIMT! LIKE WHAT IBWOULDA GUESSED GIVEN WHAT YOU PUT DOWN AND WHAT THE TOTAL COST WAS SO 👍 👍!!!!

[@mattjohnson6227]

Totally agree. Making it louder ruins it. The throaty amg tone gets lost.

[@seekdiscomfort4746]

@Matt Johnson stay away from a F1 race

[@seekdiscomfort4746]

🐈

[@Sowingthebody]

Love how open you are about money. Always hate ppl being so secretive 🤣 thanks man

[@JoseOrtiz_1416]

Especially when you know damn well there full of lies, but it’s that KZbin life that causes people to change up. For me money is money if you lie about something simple as that what else are you capable of lying about

[@Sowingthebody]

@@JoseOrtiz_1416 For real I like people that are normal like bro it's just money I'm not the IRS🤣

[@Jay-hp6pu]

@@JoseOrtiz_1416 I get why people would keep their finances to themselves in certain situations. I agree with you that it’s just money and not a big deal and That it’s slimy when they lie about it, but when they just keep it to themselves it’s a different story to me. When people know you have a bit of money they’re like vultures and some won’t stop till they get some of what you have. It can ruin relationships when people find out how much money you have/make as well. It’s just better for some information to be personal sometimes. It’s a weird thing for a lot of people but lying about it is ridiculous.

[@Amor1990]

Money is the root of all evil. It won’t get you in Heaven and that’s what life is about.

[@pilot4910]

@@Amor1990 what bible verse is thatcuz im sure it says the *love of* money

[@johnde2754]

Always appreciate your cost basis content. BTW - Thanks for including the purchase price of the '13 AMG vehicle, I was wondering what these pre-owned were bringing. 💲🔚🤔

[@jumperman1962]

You put $55,000 down on a lease? You must be a genius……

[@epicon6]

I'm so happy that you are doing well. There's nothing better than having an enjoyable job, good income and getting to experience dream cars from 30k to over 200k.

[@stevenyia2778]

Lifestyle inflation at its finest 👍

[@meatball4409]

When life is good you can make the payments, but when life happens and you can't afford the payments...

[@epicon6]

@@meatball4409 Yeah life happened to me too when i lost my event planner business because of covid and 500k of income over these two years and i'm back to square one but i'm still happy for his success.

[@meatball4409]

@@epicon6 I'm sorry to hear that man. I don't wish anything bad on you or anyone, but if there's one thing people who watch these videos should learn, it's that life will ALWAYS happen. No matter who you are, so set yourself up to be comfortable in the good and the bad times. Lots of loans can give you a false lifestyle inflation that is only exposed once the money stops coming in like it used to. As for you, I'm confident you can get back to your level of success given some time and hard work. You've done it before, and you can do it again! All the best :)

[@epicon6]

@@meatball4409 Thanks. I started a new business and i'm much happier doing it even though my plans were set a few years back and i know there are tons of people that are affected worse by covid.

[@ryanwhite9187]

Last time I ordered merch, I spent over $100, and never received any of it.

[@jamess3109]

He explained why;. You whould listen

[@ryanwhite9187]

@@jamess3109 I also ordered it over a year ago....

[@jlautomotive6349]

Absolutely LOVE how transparent you are and how humble you are about what you have! Keep up the incredible work!!!

[@koolone3791]

I thought your insurance payment would be higher with all the speeding tickets you have been getting lately 🤔

[@williamserver4332]

I think the AMG sounds great the way it is. Not too loud

[@Mo-ij8re]

the exhaust sounds perfect with just a secondary cat delete, IP ruins it and takes away the amg tone that makes this car great

[@danielelim8276]

just needs long tube headers and leave everything stock

[@Flowmaster925]

imagine winning the giveaway and getting the truck before you get what you bought to win

[@bigmalcvids]

Crazy prices everywhere Mike,I live in England InSept 2019 I bought an AudiA8(12 months old ) for £33000,kept it for 2 years & sold it for £33000! problem is everything else is a daft price as well & Im stuck sharing the Wife’s Kia until prices drop a bit (hopefully in the Spring) 😀🚙🇬🇧&🇺🇸🤝

[@michael2275]

What you're missing is that the value of GBP was debased by 25% in those 2 years. Same money back but it only buys 75% of the stuff...

[@Kerleem]

Love the cost transparency! Could you do a video (or provide more details) on how the leasing of the R8 works? I've heard about other KZbinrs doing this, so I'm just curious. I'm sure it's different from a normal lease, so I find it intriguing. Keep up the great content!!

[@WDWMachine]

Why would it be different then a normal lease?

[@Kerleem]

@@WDWMachine it’s not a new car for one and super cars depreciate differently from normal cars (or they go up in value). Tyler Hoover mentioned this special type of lease in one of his recent videos (about his Z8) so I’m curious

[@WDWMachine]

@@Kerleem I can tell you from experience that they work almost exactly the same way. Instead of leasing from say Ford Motor Credit you would go through a private lease company. You will still make payments based on a money factor ( basically interest) most of the time they don’t factor in appreciation because they lease companies are not car dealers they are financial institutions so they want to make money by lending not selling cars. Some companies like Ferrari will lease used cars and say you can only buy the lease or turn in they won’t let you trade in to a non Ferrari dealer.

[@Kerleem]

@@WDWMachine cool. I’d still love a video on it

[@michael2275]

Seems like you need a nicer house to go with the nice cars

[@jimb8601]

It’s a lot of money but you are making it work for you and the family. So glad you are able to live your dream.

[@mr.beefygreenz1443]

What's absurd is owning 2 million in cars an owning 250k house,, priorities brotha. The cars look out of place. Lol time to move.

[@meatball4409]

He can't afford to move though because all his money is being spent on payments😂

[@JoseOrtiz_1416]

You gotta appreciate the open honesty about it all . It’s a business and he doesn’t lie or flex about anything like a lot of these clowns on here who say this did this and that for there stuff . This man stays 💯 even after growing over the years don’t change

[@smsunder]

Always appreciate your honesty on the cost of acquisition and monthly expense with insurance!

[@MrDarkcore]

Need more danger ranger content! 😂

[@brickisland6353]

Paying up to 7000 a month for cars only. Man, someone is making money. I couldn't even afford a payment of 1000 a month for a car.

[@meatball4409]

He's pissing 7k away every month on things that go down in value lol

[@jamesfitzpatrick1052]

Well said, he has a PHD in D.U.M.B.

[@Opethfeldt]

@@meatball4409 What someone chooses to do with their money is none of our business.

[@meatball4409]

@@Opethfeldt Well first of all he made it the public's business by posting about it on KZbin. Second of all nobody is telling him what to do with his money. There just happens to be a few people who see the stupidity in throwing away money

[@Opethfeldt]

@@meatball4409 Public or not, that's not an excuse to judge someone. It's his money and I think we should focus on our own finances and lives rather than worrying about the finances and lives of other people.

[@Copper0608]

Your monthly payment is definitely less than what I expected. Love the content as usual.

[@bluedog373]

Dude you need some education. A lease is a fancy word for rent. You are renting the R8. You cant get rid of it and make money. It doesn't belong to you. When the lease is up it goes back to the person you leased it from. Technically it goes back in the same condition as it was when you got it or you pay a penalty. As to the Raptor..you have to give it away since you depreciated it. If you sold it you would have to pay back the depreciation. So now for the new truck, you have no trade, and no cash from selling the old one.

[@robertdouglas5926]

Love the honesty in these vids, can’t wait for some R8 based Florida content!

[@chaiselabrie6965]

Cars are worth more than the house

[@alexpark5369]

Hey Mike I really don’t understand why you had to get rid of it if you love your AMG so much…. I know you will soon be getting rid of that one too once you are done with all the mods

[@paugie40]

He runs out of content for the channel then he gets something new. Also tax reasons. Same old stale content

[@alexpark5369]

@@paugie40 I guess that makes sense… but why getting same car consistently if he’s looking for different topics… overall it’s just coming back with same stories all over again

[@squirrelatwork]

My mortgage isn't even 1/3 of that. And it doesn't depreciate like a car lol

[@meatball4409]

You're smart

[@pawelwisniewski6849]

Neither makes you money

[@dienes81]

respect to you for sharing info about cost and finance, not many youtubers do that

[@lindsaycooper4010]

Another honest video mike, thank you. Your weather looks as warm as ours here in England, so bring on the spring and summer.

[@jeffreycuellar241]

350 for all vehicles for full coverage, congrats that’s an amazing deal!

[@johnfullmer7659]

I was surprised by how low it was, but you're insurance is great but you must have a clear driving record and dam you got a great deal with your AMG and your planning ahead is a good idea!!! The thought of having rubber bands on any large wheel is crazy when it comes to pot hole and the damage they can do !!! As cool as it looks specially here in Idaho you don't really have places like your buddy Chad to go fix or replace them along with the tires still cool but then you have wild life and trash on the road to contend with!! But such is life

[@BeDevil79]

Our CLA does the exact same thing with the temp gauge, must be a Merc quirk

[@cristian50184]

Yep , merc, Volkswagen, I'm not sure if bmw as well.

[@chrisfusco1108]

His outfit screams late ‘90s guy u go to for weed 🤣The DB jacket with the fake fur hood 😂

[@shuckingnerds8798]

i don’t understand leases. so he puts 55k down. pays 1800 a month and then 3 years later car is gone?

[@promodelred]

Yep I just called this out too…. It makes no sense. It’s only $1,500/month to finance the car and own it at the end.

[@pherron7471]

@@promodelred He's a youtuber. He's not keeping cars. At the same time he's not big ass money like DoctaM3, Manny K, Sameer, etc.

[@meatball4409]

Say bye bye to 55k LOL don't make this mistake please

[@michaelholmes4808]

If you keep it quiet, you might fly under the radar a little. Fewer pull overs? Might be a good thing. I know, it's content for you when you change the exhaust, and probably sponsorship dollars...... consider a quiet exhaust with great flow and increased power.

[@sfseals]

“people don’t want to work” says the guy who hasn’t had a real job in like 5 years.

[@Opethfeldt]

Just because he isn't working a "normal" job, doesn't mean he isn't working. You sound very bitter and jealous that he has escaped the rat race and is living reasonably comfortable and happy.

[@sfseals]

@@Opethfeldt that’s true

[@terrynichol577]

Real job?

[@daviddonguyen3229]

Does insurance factor in mods you do to the cars like new wheels and tires or the supercharger on your f-150?

[@chadmiller3068]

Don't trade that F150...make that your next giveaway. Good stuff brother.

[@Verdant02]

Thanks for the transparency, Mike. How do modifications work on a leased car like the R8? Do you reinstall the stock parts before ruturning it?

[@RG6Snipers]

It’s not allowed, he does not own the car. People have been forced to pay off the total before when the finance company has found out.

[@evictioncarpentry2628]

Most people put the stock parts back on before returning.

[@jasonfreinhart]

My 2011 C63 sedan, pre face-lift, has the same trunk button as your 2013

[@kennykash4876]

I figured maybe a little more than that, very cool that you are always open about such things.

[@Steven-qi4gm]

When he said the merc was cheap followed by the words 36k 🤢🤮

[@jamesdesmond1710]

Got a question Mike. How do you deal with the probably high amount of hard inquiries you get on your credit. I’d switch out cars a lot too if it wasn’t for that reason.

[@CruiseControl1]

First of all I love your R8, and although the Ferrari F12 sounded a little better I still like the R8 overall a little bit more. Thank you for showing the details on cost and what you get to right off. I started my channel last year and in 2022 I will be leasing the first car for my channel.

[@CruiseControl1]

Also I bought my Autovlog mug last month so I'm in for the Raptor.

[@madcook6622]

you should buy a Mercedes AMG GTS...i just bought one, super cool and not really expensiv

[@thebigjoker0728]

How do you have an allocation for a Raptor R? Dealers are not taking any.

[@louisv2853]

Put a different exhaust on the c63. It will be boring if you do the same as before. You might as well of kept it if that’s the case

[@gator217]

How is your insurance so cheap for that many vehicles, the type of vehicles and, of course...the speeding tickets you have accumulated? Who do you use for insurance?

[@bp7770]

You invest in your car collection which is fine .. but you can make a real estate investment too new home and garage. It would also create new and different content as well

[@samuelrostas1239]

I apologize first but are you allowed to do major modifications on cars if they are leasing and have to give it up at the end or you have to restore it to stock?

[@martinpikna7603]

You should do a vid on what happens with tyres on super cars during winter. We don’t have these issues in Australia but would be good to know

[@ET2carbon]

Flat

[@GABAGOOLLL]

What happens when the lease is up for the R8 and the buyout is way over price and all those modifications u made on it? Does it have to go back to its original way you received the car??

[@twentyonetoone9783]

Did you do that auto stop start with your new truck as well?

[@brentvance3958]

Car market is crazy. I just sold my 2016 Ford Fiesta SE with the 3cyl for $9500. 75k miles

[@DanielVE]

What camera and microphone do you use?

[@PurpleCollarLife]

Thanks for the info, Mike. We currently have $0 car payments. That's how I like it. But we also don't have any sweet rides like you do! :) - Chad

[@jamesfitzpatrick1052]

The borrower is slave to the lender, stay out of debt. Live like nowone else, so later you can live like nowone else.......

[@mcypress5333]

One "sweet ride is OK, but if one is just an average person, 4 to 5 so call "sweet rides", is just way to much! It's not impressive. With the drawing for then pink Raptor must have made him enough to put a down payment on the AMG. All I have seen on here from You Tubers, is guys repairing a older brand of a vehicle to give away FREE for a deserving person.

[@JayJayFromAZ]

Leasing is good for city peeps. I live out in the boonies and it’s like 100 miles to a city. So it’s not feasible to lease.

[@dustinbeck7034]

Do you get the write offs because you made an LLC under the channel or is that just what you get to do for having the channel and it being considered working for yourself?

[@95lal]

Wise move overheads low, profits high!

[@Mabrouchinni]

Bruh 350 for 5 cars!??? I need details!!

[@BloatwareInc]

Not a plug...buy the shorts! They're SO damn comfy! I bought two pairs of them for the AMG giveaway and I still feel like I won something.

[@goonable2]

Hah, a KZbinr mentioning people don't want to work. Precious.

[@MattGluntVideos]

Hah, someone who has no idea what running a successful channel takes timewise.

[@Mustafakhan-qg6nv]

@@MattGluntVideos not a lot. Most big yt channels pay editors and stuff like that.

[@Kevin-cf8uu]

Well congrats to you my man. I absolutely love that Audi. I kinda wish you would have switched it up a bit instead of another mercedes. And honestly even switching it up instead of another Raptor. But keep up with the content.

[@derekhorsburgh6238]

Hey Mike, cant get over how much cheaper the insurance you pay vs Toronto Canada where I live!

[@carstuff4u942]

Probably 90c not degrees. (I'm assuming)

[@michaelm6319]

It blows my mind how cheap insurance in America is vs Canada, here a civic is around 2-300 a month and your paying that for like 4 cars and there super cars lol blows my mind

[@windy2652]

W204 facelift improvements? Well, the steering wheel for starters, if ever you actually retained them LOL. But especially the front end aesthetic is vastly improved with redesigned headlights. Glaringly obvious Mike .

[@blakedudley4692]

Wanna cookie?

[@brambergs13]

I've noticed that 2012 model has command system and center speedoo display greenish color design and 2013 and 2014 has black silver colors

[@infinitiqs548]

where are your fender flares for the F150 Mike !?!?

[@robertpldv]

Just a general comment... As a European and Mercedes car owner do you any remarks, comments and thoughts about the last F1 race......

[@rpitneyjr]

Can you get new wheels - that don't have that awful wide lip/dish - for the truck?

[@pb39374]

Hey Mike - next time can you go with the E class AMG (E63)?

[@JamesCook76131]

Wagon would be sick or even 2018 and up. Drift mode was introduced

[@stevevlahos1]

I would want a bigger garage/house than paying on depreciating assets.

[@terrynichol577]

None of this seems smart that he does LOL. Preach to their own! And it's his money lol

[@JamesCook76131]

He literally makes money off these cars by making videos, plus if he has depreciation, he can write It off on taxes. Y’all truly don’t understand how auto KZbin works. Literally living the dream by us watching and buy merch.

[@stevenyia2778]

Awesome man love the transparency and being yourself 👍

[@sphelelemashele8483]

I think I've just seen potential wheels for the Amg there at Chad's place

[@rogueryno2274]

Can you please explain how you are leasing your R8 when you technically own it? Interested in your answer so I can do the same thing.

[@bluedog373]

If he is leasing it he doesn't own it.

[@sillyboy32]

Hey Man...Love your channel...but its almost time to do the best upgrade....A new house, and I dont care how big it is...but you need a new garage!!!!!

[@rsswga]

4 door looks so much better. beautiful car Mr.

[@julioavilez1637]

The temperature gage is at 90°CELSIUS it's about 190°Fahrenheit which is completely normal

[@JamesCook76131]

So all AMG’s run hotter then the non ones. Mercedes-Benz does this intentionally. I remember when I would sell AMG’s to first time Mercedes-Benz owners, always a concern till I explained

[@mika_models]

I tought that your your payment are much more per month. Okey, that money you spend to your car is a lot but less than I tought. Happy Christmas greetings to your family from Finland!

[@jamesblade6132]

Great you are doing well Mike, happy for you man. I am in the latter position you discussed. I have been selling cars simply because I am making good profits on them verses what I paid a year to three years ago for some of my vehicles. My wife and I are going from seven vehicles down to four. I am down to five at the moment, only one left to sell. In turn I have been investing the profits to further realize greater profits. You are absolutely correct in saying you could make money on the R8 by selling it but, what do you get? The only feasible option is an allocation on a new vehicle (hypothetically say ZO6) with a dealership that would not charge above MSRP. I am not saying get a Z06, don't do that, lol. Not that Vettes are not fantastic cars, I just don't think you are a Vette guy.

[@edwardstroko8936]

Awesome video Mike!! I swear I passed u on 79 south this afternoon in the f150 but the wheels looked wrong so it probably wasn't u!!!

[@keenmate9719]

Every car I have driven here in Europe always climbs to 90°C and it stays there unless it's really hot outside or something. So I guess it's an european thing? You guys are not used to this temperature?

[@rudrakshayadav707]

nice vid man even tell how much you spend on fuel monthly!!

[@HKX_ORANGECHICKEN]

What kind of ford truck is that? Not the raptor...

[@ubonrat8653]

Glad it is working out for you, I chose a different path, sold everything moved to SE Asia, don't own a car. I live on the same amount as your insurance every month

[@meatball4409]

It's temporary lol... for perspective Jeff Bezos is worth over $200 billion and he drives a Honda accord.

[@MrJsevo29]

So what happens to that 55k down on that R8 at the end of the lease???

[@juju0834]

Gone bye bye 💨

[@MrJsevo29]

@@juju0834 why on earth would you do that vs just buying the car???

[@bluedog373]

Putting money down simply reduces the monthly payment. The total cost is still the same.

[@MrJsevo29]

@@bluedog373 I'm guessing the only reason this makes any kind of sense is because he can write the payments off since it's a lease.

[@meatball4409]

@@bluedog373 The total cost is not the same, because when you don't pay cash you are paying a premium on the vehicle (dealer profit margin + interest). Worse if you're leasing and you put a significant amount down, because all you're doing is throwing away money, because you're giving the vehicle back to the dealer at the end of your term.

[@DrEarbuds]

My neighbor taught me a penny saved is a penny earned . So you earned a month and extra 3500 dollars

[@mikenormandy9250]

WoW Mike, I AM SHOCKED you pay so little in insurance, but I understand, the more cars you have, the less you drive certain ones, so they become less of a liability, Can you share what insurance company you have? Or do you have multiple for example, one company for the R8 than another for the passenger vehicles? (trucks and C63) - I am a 36 yo male, single, no children with 1 Truck and I pay close to $230 a month (bc of two accidents that were NOT my fault in the last 3 years) Hope it drops but before the accident, I was paying $130....Would love to see a video on what auto ins you have, how you chose them and what you pay??? Thanks!

[@cigarsgunsanddiesel8032]

Those 28's would look good on a clapped out 99 Civic! 🤣🤣🤣

[@HellcatDreaminJosh]

AutoVlog Great Video I think you pay a pretty good price for your Fleet and I hope you get your 2021 Raptor soon

[@tytaylor8762]

At least you can afford them,a lot of people have trouble affording just one car payment

[@maaikerous8780]

greetz from holland keep it op Mike youre the best !!!!

[@superb63amg94]

$64k for a F150 truck? Why?🙄

[@daltoncrawford4849]

News cars are house prices now lol

[@meatball4409]

Couldn't be me. A car is a tool to take you from point A to point B. Expensive cars are just a more expensive way of getting from point A to B

[@daltoncrawford4849]

@@meatball4409 i mean ain’t nothing wrong with have something nice but i rather have a 2012 truck instead something that cost a house

[@jakes.5143]

How the hell is your insurance so cheap. My 14 turbo is 400$ a month alone. Wtf.

[@darrellcroft.1727]

Please post who wins also on your You Tube channel. I enjoy watching your videos. Just waiting on my shirt.

[@HighSpinSwingSpeed]

This pink Raptor looks “bad ass”🤣🤣🤣

[@mrwillc6861]

The figures you released for all your vehicles were definitely less than my guesstimate of five to seven thousand a month.

[@fullymayhemfm7622]

Hope you do a supercharger build this time ..

[@P4SDetails]

Uh..... That's a little intense. Of course it is a little bit awesome as well, but for sure intense.

[@ryansaelee6963]

I want to hop on the appreciation wagon for you finance vids man. Keep up the good work!!! 🔥🔥🔥

[@TylerDeBoy]

With 715K? Damn my dude, you must have a crazy job 😂