Do You Need To Be a Millionaire To Own A Supercar.... And What's The Point Anyway?

[@JayEmmOnCars]

Win a Supercar or a car with £100,000 cash in the boot with BOTB. Hurry, as this competition closes at midnight this Sunday 20th December 👉bit.ly/Supercar-Or-Car-Plus-Cash

[@MrRourk]

Jay you missed out on the age of buying older Jaguars for dirt cheap and dropping Corvette Engines in them. The Age of dropping a V8 into a re bodied Fiero. King of budget super cars the Porsche 914 with a rotary or flat 6 transplant.

[@writenamehere0000]

L O L

[@guydavies3035]

I agree with much of what you say. 40 years ago, I was a spotty teenager earning some extra pocket money, cleaning neighbour’s cars. One of them had a beautiful 911 (& two gorgeous daughters), while the gorgeous daughters remained unobtainable, I did promise myself, that “one day....”. 35 is years later, I was able to spec my own Porsche 911 (991.2, C2) to the exact spec that I wanted. I have used the car as a daily driver (certainly pre covid) and racked up 100 000km in it. I have loved every single kilometre. I still get a buzz when I drive this out of my own garage. But my very best experience was soon after I had bought it. I had stopped at a garage to buy some fuel and then I needed some supplies inside the shop. As I am a wheelchair user, I was parked in the accessible bay by the door. When I came out a young boy was posing in front of the car, while his mother captured the moment on her cell phone camera. I suggested that they could get a better shot if the lad sat behind the steering wheel. I knew how excited that lad was, as all us petrolheads have been that kid. He sat in my seat, and gripped the steering wheel, his fingers feeling for the paddles, his eyes were on stalks as he drank in the dashboard, and all the controls. I knew I was planting another germ of a thought. I gave that lad a memory. If I had known the family, then I would certainly have offered the lad a trip in it (but decided it could of been construed as a bit odd for a complete stranger to offer to take a child out for a spin. But he got his photos, and has his memories, his first experience of sitting in a sports car. Even while I reminisce about that day now, I get a smile from it, as the simple action made that boy’s day. What’s that worth, I don’t know. I also enjoy telling people that this car is the realisation of a childhood dream. I have worked hard, and like anyone had to deal with different adversities as they have come along. I have been a wheelchair user for the last 20 years (rugby injury), but I hope people see my realisation of my dream as an indication that even if a person becomes disabled, in essence, underneath, they are the same person, with the same hopes, dreams and problems as anyone else, but through a lot of hard work, a bit of sacrifice, a certain amount of recognised privilege, and a dash of luck, I realised my dream! It’s great, yes, I always look back at when I have parked, and it always makes me smile!!

[@vladipp2850]

really nice

[@musantombela2924]

Wow that's really cool!!

[@vladpiranha]

What color is it?

[@astonm7317]

Having two kids costs more than owning a super car. And no one says - 'you have two children? Oh my god you must be a millionaire!'

[@iHaveTheDocuments]

Here in America you can irresponsibly pop out 6 kids and have the government pay for them.

[@user-qq2mo1ek2r]

@@iHaveTheDocuments same in the UK

[@evclark]

100% true. I’m 40, no kids, and own an R8... and people think that my car demonstrates wealth. 😂 Kids financially scare me far more than any car.

[@entropy5431]

@@evclark I like cars, kinda why I'm watching the video. But trying to compare the joy of having kids to owning a nice car is a bit silly. Of course do both if you can 🙂.

[@jamiea8318]

I feel like you may not understand supercar total cost of ownership

[@jozefserf2024]

"Because, the internet is something of an echo chamber, more often than not." Great line!

[@iconicon5642]

replace "more often than not" with "virtually always" indeed is this an echo-chamber already?

[@BM_PAZ]

“Why do you need 7k horsepower and drive at 20mph?”...me: “we will never be friends”

[@JD-eo7dr]

A disco could only dream of those speeds Ehh😝

[@johnvega5321]

This might sound a bit negative, but this channel is phenomenal. It might not have the best driving like chris harris, or the perfekt cinematic atmosphere, but thatsnot what where here for. What its got is your talking. You're reviews are so well structured and easy to follow and loooaaded with information thats easy to grasp and understand. Thank you for your videos!

[@JayEmmOnCars]

Doesn't sound too negative to me John :)

[@johnvega5321]

@@JayEmmOnCars well, either way, keep up the videos!

[@JayEmmOnCars]

Certainly shall!

[@cowanscott9047]

Spot on! You can absolutely enjoy a supercar at normal speeds.. The feel, sound, and how it makes you feel are equally as important as pure balls out speed. A very informative review as usual.

[@sportzntouring]

Yeah, we talk about that a bit in this video... kzbin.info/www/bejne/emXCdnxpmLp9qrM (The same R8 GT in James's video)

[@cowanscott9047]

@@sportzntouring beautiful sounding R8 in you video! We need to make the most out of V10s and V12s while they're still around..

[@treeleaf6471]

@@sportzntouring Thanks for the video! I'll take a look. Been binging James' videos lately Lol, I'm sure I'll love yours.

[@sportzntouring]

@@treeleaf6471 I hope so. James and I have very different styles, but I hope it's still content you can enjoy🤙

[@TheMadTatter]

To the people who say "why would you review x, y or z item when only rich people can afford it?" Because reviews are consumer advice and rich people are consumers too, whether you like it or not.

[@sportzntouring]

I think the other reason is for those of us who can't afford certain cars (yet) - we get to live vicariously through James's experiences.

[@chylld]

17:30 hit the nail on the head James! So much joy comes from sharing the experience

[@sportzntouring]

Ahhh our R8 GT Spyder... sitting there looking so good!! And I'm definitely not even close to being a millionaire (yet)! Very grateful of Holmesdale Finance helping me pick the right package for me. Great service!

[@2702simmo]

I’m going to give them a shout. I want to own a Ferrari before I die (hopefully not too soon) snd I’d love to whilst my dad is still about

[@user-qq2mo1ek2r]

Good advice James, the car in my avatar (replica Cobra) sold a few years ago and my current weekend toy 2009 V8 Vantage costs me £300/year fully comp insurance, road tax is £500 and fuel would be a huge cost but remember you don't drive it daily but it will return 23mpg on a cruise. Do your homework, take your time, find a good independent specialist not main dealer, drive a few cars, spread your search net far and wide, get your chosen car inspected (mine cost me £90). I've got kids and they cost me more!! Those that state you can only do 30mph will never get it and are more then likely trolling you. Any car enthusiast who gets a chance to drive cars like these will immediately see the difference and believe me if your currently driving a tun of the mill car (such as my company Outlander) will not believe just how involving super cars can be. But of course if you want ease of use, point n press motoring then stick to your daily modern bore box.....like my outlander.

[@ZoomStranger]

I get a lot of the same satisfaction from the 1964 ex army Landrover I've had for 40 years. It's got no roof, the windscreen lives on the bonnet and its driven regardless of the weather. It probably gets about the same MPG as your supercars and yes, I agree - sharing the experience is one of the great things about having it at all. Viva!

[@PaulLukeBonenfant]

I was lucky enough in my acting career to buy myself a 911 at 17 (‘99 Carrera). It was a stretch, but I restored it, it’s appreciating, and I’ve made lifelong connections and memories with it. A MILLION percent worth the risk

[@Audidude]

I’ve had my supercar for nearly 2 weeks, an Aston Martin Rapide S, and you nail the experience perfectly. Especially in the minute starting at 18:00! I’ve had plenty of nice cars and currently own a 20V ur quattro, Z4 M Coupe, and traded a superb Carrera 2 manual 996.2 911 for the Aston. But the Aston is next level. The attention it attracts, and comments from strangers is amazing, and all positive. Definitely a new dimension to car ownership! I was looking for a DB9 when the Rapide S popped up - essentially a stretched more practical version of the DB9, and my choice was vindicated when I easily fitted the car seat for my 4 yr old granddaughter to take her out, although gutted when her only comment was "I want a ice block, granddad” LOL

[@ukwan]

Absolutely not, I've owned super cars on a salary of £30k a year. Just depends how savvy you are with your money. A nice big deposit and some savings aside for the period of ownership and it's entirely possible and comfortably so. But if you try to do it with £10 in the bank it's not going to happen is it?

[@SteveMHN]

What cars have you owned?

[@2702simmo]

I’m curious as to which cars too? Any disasters?

[@dagnut]

what year was this in?

[@dw4525]

@@dagnut 1950 😂

[@dagnut]

@@dw4525 lol

[@skimmingstoness]

So it's just a promotional video for a car finance company. Don't get yourself int debt just to buy a car you can't afford. Live happily within your means or endure years of financial hurt.

[@kpsig]

Probably yes... it is funny to see how much these cars cost to change anything that breaks...

[@dw4525]

Interesting that almost none of the commenters are aware of this.

[@rightwingsafetysquad9872]

Man, I wish this stuff only cost twice as much in America. I hope Brits are grateful for how affordable lightly used enthusiast cars are over there.

[@lewiscampbell8973]

The 550 is absolutely timeless

[@jameslloydcole8783]

When someone calls a McLaren a “Macca” I almost vomit. 😂

[@Hypersonik]

You should do a video on the car rental market. I see so many people who have expensive cars, yet they do sub 2k miles a year. If you ran the numbers it would be WAAAAAAAAAAAAAAAY better for them to rent the car, do their 3-5 day annual hoon, then hand it back. No insurance, no upfront capital, no servicing, no tax. Yeah, you couldn't say you owned one, but you could truly say you've driven it :) Case in point on your video: That grey R8 - from Sept 2019 to Sept 2020 it did 96 miles. The white R8 - from May 2019 to May 2020 - 163 miles. Your Ferrari - from March 2019 to April 2020 it did 1 mile. 1 mile. (although well done for driving it yourself :) ) The Venturi Atlantique - May 2019 - July 2020 2050 miles. However from May 2018 to May 2019 - 305 miles

[@kenibold3900]

Nice piece of work! I totally agree. You don't have to be rich, you just have to set your priorities.

[@MrRoyck10]

BOTB just like all gambling, the house always wins! What an unrealistic way to expect supercar ownership.

[@glaticstorm32]

You probably have the classic I bought 3 tickets for £18 and expected to win mentality... Fact of the matter is the odds are far better than the majority of other lotteries, UK lotto is 1 in 22'000'000, the last one I played in was 30'000 tickets and I bought 2 so thats a 1 in 15'000 chance... I didn't win but if you visualise a football stadium of 30'000 people and you were to pick one person out that's the same odds. It's luck at the end of the day, I know people that have played car lotteries for 5 years and spent £10k and havent won a damn thing, I also know people that put a few quid on and have won multiple times. Best one was a guy that won a car on click compitions and he bought the max number of tickets (i think it was either 300 or 400) so several thousand pounds worth of tickets and he won and people were crying and moaning it wasnt fair... fucking hilarious, the guy literally spent £5'000 on tickets that he wasn't garenteed to even win. But the boo hoo mentality of its not fair comes into play and people were slamming this guy all because he won.

[@HotTakeHQ]

Here’s to an even greater year for your ch in 2021! Stay safe and healthy Jayemm and viewers

[@JayEmmOnCars]

Thankyou - and to you too

[@sportzntouring]

You Too!

[@Pumpkinhead77]

I'd rather save the money and put it towards buying a better home. I guess that's just my priority. My 1.25 Fiesta is good enough.

[@dreximax5634]

lets face it , its "the oh blimey" fund thats the killer, and the fund that most people would struggle with

[@JayEmmOnCars]

Yeah, and buying wisely with a PPI is the best way to avoid needing one too much

[@psircos]

"Oh blimey(f$%k in my house)" fund is not necessarily a super car territory ideology. I have one for my old alfa. Always have about a grand that I can get my hands on for unexpected surprises.

[@JayEmmOnCars]

@@psircos Precisely - and if you have a warranty on these things then usually that will cover the big stuff

[@ChrisDorgan]

Couldn’t agree more with everything you’ve said. I have the same Conversations with people asking how I can afford the vantage and I’m like it cost the same as the new BMW 440d you chose to buy!!

[@HeliTom84]

This channel is so good! Discovered it a couple of days ago and I’m hooked. I own 1968 alpine a310, 991 GT3 and Tesla as my daily. Looking into getting into the Ferrari universe and want to buy a manual f430.

[@theofficialstig]

you can have a lot of fun for not much money at all! I love affordable ~£10k cars but I've been considering a DBS or something similar however I feel like supercars are unpopular and I'd be disliked by a lot of people, I worry it might get vandalised I love special cars but I prefer to enjoy driving without the worries of devaluing a car or other people's opinions

[@sportzntouring]

Never worry about what others will think. If you have something that others think is beyond their reach, they will resent you. That is their problem. Don't let it be yours. Live your life, not theirs.

[@LarryKippings]

@Honk honk I thought the same, but when you get to a certain age, you start realise that we’re not here forever, and you can’t take the money with you. Plus, you begin to realise that it doesn’t matter what strangers think. You’re family and true friends will be happy for you. I’ve changed my opinion recently (I’m 45) and have decided now is the time to buy an expensive car. If you can afford it, the new Ferrari Roma is a super car, but with a bit more class, definitely a GT with Super car performance. Or wait a few years, and you’ll get a bargain, as people will put miles on the Roma. Same as DBS, although I’m not happy with AM build quality tbh.

[@themanipulator1]

Fantastic video, I love these informational videos, genuinely very interesting and love hearing your opinions on the entire car world

[@irvinggz]

We make those assumptions in America too. Great vid Jay!

[@sportzntouring]

For some people, it's the assumptions people make that is part of the appeal. For me, it was about owning a special car that I had fallen in love with and I loved to drive... But for others, it will be the status it affords them 😉

[@aneudysc]

Not just America. That happens everywhere, I have a Ducati 996 where motorcycles are a serious way of transportation, so there are many 125cc-300cc motorcycles for daily use, commute, hauling with and many other things, so people who see me out on the streets have assumed I'm coming from a rich family, which is not the case, I'm a normal guy, and makes me happy every time I get thumbs up and smiles from kids and other people.

[@sportzntouring]

@@aneudysc yeah, sharing in the enthusiasm for the car or bike with others with those things up moments is what gives me the buzz. It's not about me having it, it's about us all sharing in our appreciation for the machine and the people who created it 🤙

[@dontuno]

I'm getting ready to pull the trigger on a LC500. Next stop is to look at your review(s). Many thanks Jay, very helpful.

[@daveg8040]

Honestly.....I had my doubts about Jay Emm first time i watched,, How wrong i could have been, i love the variation in cars and the relaxed chilled feeling i get everytime i watch. My Dad comes over Christmas day and we flick threw previous videos, absolutely love the content. Keep it up.. all the best Dave and Dad 👍

[@JayEmmOnCars]

Got content every day Christmas week too, including on Xmas day to keep everyone entertained. Thanks for sticking around

[@defyingodds]

yea i thought he was a weird fucker too, dresses all weird for someone from Sydney. Reminds me off something off "the bill" (havent see in 15 years). Everyone likes someone keeping it real and its very refreshingly unique plus he had my name. My only advice I can give James is a haircut more often 😀

[@ldorman]

Funny I remembered a friend of mine who used to have a E46 M3 and once his business went a bit better, he got himself a 997 GT3. According to him, despite he drove more with the Porsche than he did with the M3, the yearly service costs at Porsche in Munich or even in Vienna were cheaper as for his BMW what was entirely service by BMW in Vienna. Good, this was around 10 yrs ago and he upgraded to the GT3 RS later what he still owns. The last time I spoke to him was this summer and he told me that the service costs for his 2018 3.0 TDI Audi A6 are more then for the Porsche and he always ends up arguing with people who won't believe him that. All the service is done by Porsche in either of the big cities I mentioned earlier and he is customer with both since over 10 years. But even as a newcomer he immediately was impressed by their support and the 'low' costs.

[@fastflyer666]

Great video, the amount of people I have explained finance to is crazy for them to still discount it entirely and the fact that if you can afford to buy something outright doesn’t necessarily mean you should. I think the negative stigma attached to finance is reducing year by year, if you can’t afford to buy it out right but can afford the monthlys do it, if you can afford to buy it outright dont... invest the money conservatively for a 8-10% return and own the car for “free” ....man maths.

[@ozeskiman]

Couldn't agree more with everything you said. I loved my 355 but my 575M is a keeper. So beautiful to drive, even around town. Like you, I love looking at the car. One of the best Ferrari designs all time. A classic now. The power delivery is simply fabulous when you do get a chance to use it, but it's a doddle in traffic. Comfortable, superb driving position, it's simply a fabulous car. And at this moment in time a relative bargain for a Ferrari V12. Sure it eats fuel, but that's the least concern. Personally I think you under estimate the yearly running cost, but not significantly. And, like you, I get as much pleasure sharing my car as I do driving it. 😀😀

[@Rockit181]

Very good overview of supercar ownership. I think the greatest value of owning one is the people you meet. I haven't owned a supercar yet, but I've met a lot of cool people just being in the Porsche Club with what are quite cheap Porsches.

[@sportzntouring]

I totally agree with that! Any interesting car has that effect. I had that with my first Nissan Z car - it pretty much started a chain of events that resulted in my son racing cars by age 16. Now, the R8 GT (as seen in this video) is having a similar effect - resulting in some very interesting conversations.

[@markchip1]

Owners clubs and marque specific forums are also absolutely INVALUABLE if you're going to DIY your maintenance! Just be prepared to spend hours in the early stages learning which are the best and most dependable sources of information. This also helps in terms of researching the best models and years prior to buying your car!!

[@anjumshahzad8612]

Truly a breath of fresh air-- intelligent, witty and very practical information. Keep it UP!

[@richardbentley1202]

Nice one Jay. Your dialogue/content is (as always) very good, I’ve often thought that if it was transcribed directly into the pages of a car mag it would read as well as it sounds. That puts you into exclusive company in my opinion- so we’ll done sir, you are an excellent motoring journalist for the modern day. Talking of bargain performance cars if we may for a moment: Jaguar XK/R 4.2 X150 series. As you know a good one can be had for less than £15k and they won’t lose much value if you care for them. Depreciation is normally the biggest motoring expense. They are great cars.

[@JayEmmOnCars]

Awesome cars. Got a feature on one coming in the new year.

[@richardbentley1202]

@@JayEmmOnCars you’ve made my bath time special.

[@Fee.1]

My Dearest James, please make me a promise. Never degrade yourself with cheesy sponsor segues, you’ve been above it for so long and I appreciate it so much. Always continue you’re straightforward way Of doing sponsorships and such, if you’re going to have one the way you do it is best

[@jamiea8318]

Sponsorship pay out may depend on the delivery method.

[@Corvolet5]

Honestly, when I was young I drooled over the Ford GT, the Murciélago and the SLR McLaren. But then I realized at the end of the day, I'll never be able to afford even one of these. Personally if I had 60k or less to spend on a car, I'd either pick a Corvette C6 Z06 or a Porsche 997.1 Turbo with a manual transmission. Both of these cars are surprisingly practical, the Z for luggage and the Turbo if you have kids. If it had to be a supercar, I'd probably get a Ferrari 360 or a 2003 Lamborghini Gallardo.

[@sportzntouring]

Never ever? Keeping my fingers crossed you find a way!

[@p.informatico1320]

If I had 60K, I would buy am appartment (here in my city you can find something for that price), rather than a expensive car.

[@TheRatchet35]

@@p.informatico1320 Buy an appartment, rent it out, use the money from the rent to pay for your dream car's financing.

[@petergalbraith3422]

Some very good points James, the one regarding the 'cost' of ownership in particular - when you put it like that, it does put things in perspective! Regretfully, I won't be going out to buy a Ferrari just yet - Mrs G would probably divorce me ;)

[@JayEmmOnCars]

Keep working at it Peter, she may come round to the idea!

[@akinsamuel2007]

I love your philosophy of sharing and reasons for ownership of a super car. That is money well spent and gives pleasure to many as even those who don't own it can enjoy your enjoyment of it.

[@rollotomassi8251]

Stop smoking save 3000 $ EVERY YEAR

[@peterwood2633]

Or start smoking then immediately give up. Earns you three grand a year..repeat

[@neil5242]

Excellent video once again, Jay. FYI, my next door neighbour owned a 550 M and it was absolutely stunning. Personally, I'm considering a Porsche 997.2 C4S. Keep up the good work!

[@davidcooper5442]

I enjoyed this video as it says what many of us feel about cars and the enjoyment to be had from owning something desirable. In my youth my life was based around cars , car clubs, car shows and many many friends were car enthusiasts too. So these days as a more Senior Gentleman i am looking for an interesting performance car that is a reasonable price. So the sentiment in this video is applicable to me at this time. So many thanks for this video.

[@JayEmmOnCars]

My pleasure

[@X8X8X8X8X8X8X8X8X8X]

A car is only fun if one can afford* to maintain it *to be more specific, this means to pay all the necessary bills of a specialist or main dealer without having to raise even an eyebrow. Everything else is a drag and most importantly a disservice to the car you neglect.

[@sportzntouring]

So, the next question is... how could you afford it 😉

[@X8X8X8X8X8X8X8X8X8X]

@@sportzntouring Exactly ;)

[@Furiousme]

In short: Keep dreaming, keep chasing dreams, enjoy your dreams come true!

[@stephenwilliams6540]

Brilliant video James. You truly put over what it means to own or be around such cars. The motor car is more than just a machine it is something that connects people, brings joy and we make so many memories with them.

[@cedrichuen4080]

Yes. in UK, car ownership is essential but in HK it is luxurious. Owning an audi r8 with 4200cc+ displacement of engine costs you a much higher road tax, license fee and insurance. The price tag of the car in the 2nd market is only one of the factor.

[@malvessidrums]

Far from essential in the UK. Public transport is fantastic. I hardly drive my cars during winter.

[@jmal1824]

entertainingly and comprehensively explained. i have a lovely porsche cayman, and a mate has a nice transit van that was 10k more. I smile everytime i drive mine.

[@paulbird1808]

Great area of discussion. At a push, I could maybe afford an Aston Martin V8 Vantage, for instance. My issue is - storage. If you don't have a garage, or even a drive, then parking in the street would not fill me with a lot of confidence - doesn't help with the insurance premiums much, either. Also, what is found on most streets - tree's. Having to do battle everyday with protecting your Ferrari red paintwork, from feathered dive bombers, is somewhat of a full-time job.

[@andrewoakley4957]

Superb video there, I was pleasantly surprised by your porsche parts info. I've been thinking about a 996 with knowledge of it's foibles and feeling pressured towards a manual, but, as I don't really want it to drive around like my hair's on fire, maybe I should just look at a tiptronic. If it holds its value while I own it, ace, I've always wanted a 911 and even if it's a less attractive one at least it will be mine. Love the considered take on things, it helps to put things into perspective. 👍

[@2702simmo]

Do it, I bought one July first 911 I’d ever driven. It’s my daily and I love it and love seeing it when I walk to it etc

[@chriscomparescars4416]

Hit on so many great points in this video re finance, people using their cars, the genuine enjoyment from so many aspects. The list goes on! 2nd watch of this one now

[@shawnmungur4875]

This really helps and puts me closer to pulling the trigger on getting a super car, Thanks!

[@sportzntouring]

I'm sure you won't regret it!

[@LapoftheWorld]

Lots of good info and good points here. Personally I can confirm, you can totally own an exotic with a normal 9-5 (and a spouse who will put up with it). It's all about priorities and resourcefulness. For those who "don't get it" my analogy has always been to compare spending money on an exotic car to spending money on other forms of, let's be honest, 'art'. People will spend preposterous amounts of money on a painting and all that can do is hang on a wall. That 550, for example, is a sculpture, a painting, and a symphony all in one, but it also has the 4th dimension of giving you literal physical sensations that none of the others can. That and by driving it out in the world, you're sharing 3 of those four aspects with other 'art' aficionados with whom you share the roads. (The alternative of putting a Giacometti, a Monet, and a quartet playing Beethoven on a flatbed seems less practical than even the most 'useless Lamborghini).

[@Thanos.m]

Even for us that are not in the position to afford a supercar yet the fact that we get the chance to get taste of how these cars would make us feel and for free is truly great so thank you and keep up the good work !

[@mikefrayne5265]

Great advice Jay, keeping it real as always! :)

[@jameslynch6657]

Really enjoyed this. Word of warning I would put out there to empathise a point you made... PPI is a must. As more people finance these cars, likely some people will simply be hit with a bill they cannot afford or haven’t been diligent putting their money aside... do not be the person to pay their delayed maintenance costs!

[@brianiswrong]

I just wish my dream car wasn't a Porsche 928 GTS Because if ever a car can be bought,but not afford to drive ,it has to be right up there.

[@sportzntouring]

I read a book called Rich Dad, Poor Dad - and the takeaway for me was to ask "how could I afford it"... Once you know that, then you know what you need to do to make it happen 😊

[@p.informatico1320]

The 928 GTS is way too expensive, but the 928S isn't, you can get one for about 15k pounds or even less.

[@roxind]

@@p.informatico1320 The car might not be to expensive to purchase, but then, the maintenance cost (even if you do it yourself) is a killer. Underbird (see above) resumed the good attitude to get a supercar

[@2702simmo]

You’ve got me thinking jayemm , I’ve been a Ferrari obsessive since a child snd feel I need to own one before I die. A 360 is my realistic aim , I’m off to do some man maths and speak to your finance guys tomorrow 👍

[@JayEmmOnCars]

Do it, the 360 is a superb car, and there is lots of support from both dealers and independents. Darryl is a superb guy - find a car you like the look of and he can give you an idea of the numbers.

[@2702simmo]

@@JayEmmOnCars funny enough I’ve just been looking at servicing costs abs it’s better than I thought I’ll blame you

[@sportzntouring]

Definitely have a chat with Daryl of Holmesdale Finance too! He took care of James for his 550 and me for my R8 - gave very practical advice to me.

[@bmstylee]

Did you get the 360?

[@johnbates606]

My car is a Merc E550. Gas is reasonably expensive however not as expensive as the repairs that could go wrong.over time.My commonsense says get a mechanical warranty as you don’t really know what the last person did to the car before you buy it. Don’t buy the most performance one you think you want, get the next one down so you don’t need replace the ceramic breaks.

[@thedetailingdoctor5746]

Good man for driving the car and doing 6k in it already 👌 exactly as it should be. As I said to you before I ever never ever seen one in person so more owners need to get them out !

[@sportzntouring]

It's soooo frustrating when people don't take their cars out right?!

[@thedetailingdoctor5746]

I really need to sort your lower valance out it keeps catching my eye I could have and should have restored it lol

[@SamAustin]

Great video Jay! Really enjoyed listening to your thoughts on this topic. Just to add a VW Golf R can still be exciting and have a nice car community behind it as my KZbin channel has shown 👍

[@davewheeler7679]

I really enjoyed this. Loved the joy to others philosophy. One of your best yet.

[@SERGE_Tech]

I know your in the 100k sub range but your quality is a 1million sub range great videos man!!!

[@johntearle]

Completely agree. Thank you for the great video!

[@sportzntouring]

Ditto!

[@ollyrukes]

So say you pick up a £40k 2nd hand supercar. £2k a year warranty, £2k a year service budget. With current interest rates you’ll be paying £2k in interest per year servicing a £40k loan. Plus the depreciation will be something like £4K per year at least. So your total cost of ownership is around £10k per year (plus fuel and insurance)

[@ianprice7776]

"With great power comes great responsibility" is a line from Spiderman :-)

[@stevewushu]

I will at some point share my AMV8V (modified) with you James. Probably nearer spring/summer '21

[@JayEmmOnCars]

Looking forward to it

[@stevewushu]

@@JayEmmOnCars I'll DM (not DangerMouse...) you some of what the car is, had done, being done, costs etc. See what you think

[@lkr8013]

I do wonder, for the same total purchase price would the majority of people own 1 supercar or a handful of say 4-6 high performance cars that aren't quite supercars?

[@vomErsten]

It's about how much life allows you to spend and when. I could drive hoopties for 25 years and buy a single Ferrari Roma at the end...or I can buy better cars for less earlier and enjoy driving for all 25 of those years. I cannot buy a Ferrari Roma today and pay it off over 25 years; I can't front the downpayment and nobody would finance the rest for long enough such that I can manage the interim costs of ownership.

[@angrydwarf6563]

I’ve owned a generation 2 R8 for 3.5 years. Not that expensive to run and buy. Servicing is a 1/3 of the cost of an equivalent Huracan despite the mechanicals being identical. Wanted a Lamborghini until finding that little nugget out. The biggest problem isn’t necessarily cost of owning it’s just most super cars dont actually get driven and therefore if you pile miles on, the level of interest at sale time will drop as there will always be a load of garage queens out there in competition. That and the test pilots and tyre kickers are a pain in the arse. I now prefer to have an affordable hatch to Chuck around, use and abuse and then get rid. Load less hassle.

[@ApothecaryTerry]

This is ony reason why I went for a 981 Cayman S. Looks the part, gets the attention but they generally do get driven and I don't feel too bad putting miles on it. Neither does my wallet, which is the other reason I didn't go for more of a supercar- the ones I could afford would still have made me cringe every time I touched the brakes or leant on the tyres. I think that's an important thing- affording them is one thing, but having enough money to enjoy them without worrying is important.

[@Hypersonik]

@@ApothecaryTerry I disagree. Find a 981 with over 50k miles. It's actually a difficult challenge. Find a 981 GTS with over 50k miles. Near impossible. If you drive your car, you will lose money on it. As AD says, plenty of people who buy their car that they can't afford to run so do no miles in it and thus come trade in time, plenty of 'Garage Queens' your used car (That's actually in better mechanical condition) is up against means a big hit.

[@ApothecaryTerry]

​@@Hypersonik Not especially challenging to find a 981 with over 50k miles, there are 20 of them on Autotrader right now, 1 of which is a GTS. That's one of 22 GTS models on there. Considering that spec came out in 2014 that's 10k miles a year which is quite a lot for a sports car. Obviously driving a car loses money, mileage always causes depreciation on literally any car, but as I said elsewhere- anyone buying these who isn't loaded, should only do so if they can afford to drive them. Relative to a Golf or something, my car will depreciate less, but I'm putting 6-8k miles a year on it so of course it'll drop a chunk of value and that's fine, I bought it to drive, not to look at.

[@Hypersonik]

@@ApothecaryTerry 3 981 S's out of 20 and 1GTS out of 22. The GTS's are overpriced to buggery for what you get compared to an S anyway.

[@ApothecaryTerry]

@@Hypersonik Yeah the S seems the sweet spot, especially since I'm not a fan of alcantara (or "race-tex"). I'm all about the sound so had to be a 3.4, the extra 25hp was pretty irrelevant really.

[@alanmeech69]

You nailed it. Most will never get it. We do!

[@JayEmmOnCars]

Thanks Alan

[@alanmeech69]

@@JayEmmOnCars . Jay, I have a 2014 Boxster S I have owned for just over 2 years. I would say I could sell it now for what I paid for it. The new 4.0 litre models with good spec are SO expensive and don't sound the same. Low mileage, high spec 981's are hard to find but they are out there. Buyers are afraid & I get that but as this post attests, be brave!

[@joepugh1894]

You do the best car videos, you’d be good on top gear

[@sportzntouring]

I can see James and Chris Harris and someone different making for a good Top Gear... If the writers dropped the contrived humour and went back to good old chemistry between the presenters 😉

[@dewajtis]

Actually he reminds me of the „old Top Gear” (pre-2003)

[@sportzntouring]

@@dewajtis ah, the version they sold to channel 5? That's still there as fifth gear... Maybe there's space for a new show altogether? (Cue "Airplane!" movie joke)

[@SmoothOperator412]

This was very informative thank you!

[@CarlsModsClass]

The key word hear is super car ownership is to have fun on a Sunday morning drive or a summers evening drive

[@p.informatico1320]

You can have fun with a hot hatch... supercars are for posers...

[@CarlsModsClass]

Ahh but hot hatches look all the same where as supercars are all different

[@jackj0nes]

God that 550 is a beautiful and elegant vehicle

[@JayEmmOnCars]

It was nice to get it out and just look at it for a while

[@sportzntouring]

Honestly, the videos and pictures don't do it justice!

[@michaelandrews3251]

Thanks Jay I can but dream , your a hard worker and enjoy your content x

[@disturbed250]

Great little video! You always get people asking how much does it cos to run sports/supercars. Remember running and buying is a diff set of circumstances. You might be able to finance something but running it is a whole diff ball game. For example quite a few years ago I had a last of the line HR 350Z. Not anywhere in the same ballpark as the cars in the video but as an example.... Its insurance wasnt dear.. Few hundred quid meh.. Servicing at specialist, tax.. Expensive 500+.. Common faults (on the Z.. Suspension items)... Fuel super unleaded only, appox 17k miles a year (I used it as it should be aswell as work lol) . Give or take a few hundreds of £££'s over 5 years of ownership (excluding the cost of it used)... It cost £25,000!!! Yeah. Half of that was fuel pretty much. Ive now moved along and upwards but just goes to show.. Some people with very expensive cars might not even spend that lol

[@jamess200]

good points made re finance......my credit score was 600 odd (no missed payments but a default (250quid from 4 years ago), but I just bought my 992 with 20 percent down, submitted my tax return and 3 months bank statements to the finance company, approved in 2 hours. a good credit score doesn't prove you have money in the bank, and thats what matters ultimately.

[@dylanh1978]

Excellent video, I needed this.

[@alexkoefman]

With great power comes great responsibility. On point one liner once again legend

[@jonathancollard3710]

Someone very perceptive once said “ if it floats, flys or f**ks, then rent it”.... 🤔

[@ian_987]

Cars don't do any of those things (or at least, they shouldn't!)

[@RutgerSmets]

@@ian_987 well there was someone who tried the floating in a Veyron, but it didn't work

[@ian_987]

@@RutgerSmets hopefully that was rented then :D and also insured!

[@1968leg]

Issue is with supercars is that today's hot hatches are actually much more fun to drive. On British roads an FK8 or Yaris GR are better in every way. Straight line, open road driving no longer exists.

[@boydiedj3718]

Wise words and a brilliant Vid James. I always used to get annoyed when non car people looked at my 10 yr old M3 and said, you paid £15k for a car that’s 10 years old!!! You could have had a brand new Focus like mine for that money!! Lol I would always reply with well in 5 years your brand new Focus is going to be worth less than my 15 yr old M3!!! And cue strange confused face!! Lol

[@FLTlvl]

Thank you for this! I am in the market for a Jaguar/Porsche now as a weekend, fun car. I daily a paid off 2013 Prius. I am doing it! (Also, as a side note: bought the JayEmm Logo Sticker!)

[@Marcke-tb1hb]

Save for a car, then save some more. Always buy your car, never PCP, never buy new. Simple rules will stop you looking back in 20 years realising you could have paid for a super car for what it’s cost you to borrow an M4! Only finance companies win and it allows car companies to just ramp up prices. And if that lot didn’t convince you, think carefully and ask yourself when did it ever make sense to borrow money to pay the government VAT?

[@Frank-1978]

Really enjoyed that. 👍👍✌Great video

[@chrisdavidson8187]

Enjoyed this one James, good content.

[@chriscarbaugh3936]

Nailed it with the R8 comment; in fact I would say that R8 (used, low miles) compared to a TTRS ... the R8 is a better value; won’t depreciate much now and if its a weekend car why not! You have a great channel. I would rather one of “these” cars and a DD vs. One new M4.

[@davidhayes4814]

Have to agree with you when you mention fuel. It is a bit of a myth that fuel has gone up more than the standard R.P. I. and all cars, particularly performance cars, have far higher fuel efficiency than those from previous generations. My Dad’s Ford Zodiac Mark 3 could only average between 16 -18 mpg. It had 114 bhp and weighed 1350 kg. My 1972 mini 1000 with 38 bhp averaged only 36 -38 mpg...... 🤷‍♂️

[@MrHCars]

Enjoyed this vid mate & learnt a lot here! Good vid and happy 2021! 🥳🥳

[@dochammer3047]

I love the first generation Audi R8, Mostly because of the RS4 V8 engine.

[@YeahMate07]

Would prefer an RS4 over an R8 any day

[@vladpiranha]

There's a guy who owns a Ferrari 250 GTO and actually raced it at Goodwood Revival a couple years back. Enzo Ferrari always resented that his racing was financed by selling cars to wealthy non-petrolhead playboys who wanted status symbols. While this man no doubt had substantial wealth, the fact that he saw his car as a racing machine first and a luxury good second would have made old Enzo proud.

[@stephenrose9157]

Absolutely fantastic video, cheers.

[@jamesbuckingham77]

If you have to pay finance, you can't afford it. 😂

[@florianpike2250]

If you can't buy it twice you can't afford it

[@adamhussain2220]

James. That’s what most clever people do finance only people who think they have money buy cars for cash to show off. Learn about finance

[@saibushayer]

*_Jay: But why would you wanna buy what is essentially a 200mph penis extension?_* *_Me: Because it is a 200mph penis extension._*

[@alexkoefman]

They say the best days of owning a Ferrari are the day you buy it and the day you sell it. My experience would suggest this is true, except for the one round Australia road trip we did, which was utterly epic and exceeded all expectations of my dream Ferrari. And it’s that that’s helped temper the financial devastation that it was. In 1 year I did as many Km’s as the previous owner did in 8 years. Great memories. So there’s two sides to the coin.

[@DoubleDeckerAnton]

I'd still have the Ferrari 550, over the R8. I ❤ 90's cars.

[@borisyurinov4822]

Yep

[@R13AAD]

Great video! Well put together! Really enjoyed the content!