I LOST £1,200,000 BUYING SUPERCARS

[@saltybmxer6977]

Thank you so much Mark. I was just about to go out at lunch and get a Carrera Gt real quick. You saved me so much time. I’m not worried about that much money. 😂😂

[@dubya85]

Bad case of unlucky right there

[@alanmurtagh6675]

Retired Porsche Sales Consultant. In 2009, we had THREE Carrera GTs in our US showroom. All with less than 15 miles on them. They were locked and not available to even sit in. I sold one, listed at $440,000 for $370,000. Not my decision. We were not allowed to sell any Carrera GT outside of the US. Someone, using US credentials purchased the other two. The next we heard about these two, somebody was looking for replacement keys as they had "misplaced" the original keys to BOTH cars. The cars location was given as " on the docks." In LONDON.....

[@Wayne-R-]

Keep smiling that’s what we love

[@iandavis8725]

So still made £400k each. Didn’t lose anything, just would have made more, cars are a gamble. Still a massive win.

[@TomleyRC]

I was lucky enough in 2007 to get a few laps on a track day in a Carrera GT (driven pretty hard!). Couldn't quite get over 200mph, but we got pretty close! V10, Manual..... such an animal!

[@mikedemarchelier9090]

Why are you just now appearing in my feed? Great videos, very informative and entertaining at the same time! Hilarious editing, relatable bloke telling it like it is, I’m going to go out on a limb and subscribe, like and share with my mates! Well done, young man!

[@deanchur]

Did you ever watch CarWow at some point? Mark's lent his cars to them

[@DOC_951]

Yes, very relatable. Buying millions of dollars of super cars per year. Just like us regular people!

[@MamayMotoventures]

I love this video. Learned a lot about the market for CGT's. Recently here in the Philippines these things are starting to pop up. Usually only 2 known CGT's here in our country. One owned by the Porsche PH Distributor. Right now it's 2 Silver, 1 Red (rumored to be delivery mileage) and 1 Yellow one.

[@blitzy3244]

Happiest man in Birmingham clip cracked me up 😂😂

[@BASEJPR]

Nice clickbait, not exactly losing money now is it?!

[@avs040288]

Oh bore off, youtube is clickbait! 😂

[@MikeNKez69]

Love the videos mark, but nipper loves them even more. He loved seeing you in Catshill (bromsgrove) thank you for taking time to talk to him. If you don't find a buyer for the KA we will buy it for him for his learning in 5 years bless him. Your an idol and inspiration to him.

[@deanchur]

Someone's probably written it already but for those that didn't see it... Mark, the reason why they made the gearknob out of birchwood is because in the 917 LeMans race cars they made the gearknob out of wood to save weight...though I've also heard it was to protect the driver's hands when changing gears since the transmission was so hot a metal gearknob would burn the driver's hands. The wood in the CGT is a nod to that racing past.

[@jakesnaith8939]

Mad that you had 2 CGT’s id love to know what other motors you’ve had in the past but great video mark. 👍🏻

[@chrismartin6427]

Very cheeky title there Mark lol I was worried for you but it's easily a 10 million pound car in 20 years so you'll be kicking yourself even more then

[@chrismartin6427]

@Mr_mark_mccannn you are not fooling anybody get a bloody job you bum

[@rodneypratt4324]

I don't see that happening but then again you never know

[@AC-wl7ve]

@@rodneypratt4324if gas cars aren’t banned all together, it surely could be.

[@hamiltonstrickland9593]

Humble man! This is one of the best lessons I've ever been taught!

[@Harley_Baker]

love the videos mark keep it up 💙

[@MarkMcCann64]

Thank you, I’m glad you enjoy them

[@c141charlie]

Highly entertaining! Great story telling.

[@greggreg2263]

I remember seeing a black CGT on the street when they first came out I was breathless. especially a rare site in Canada 🇨🇦

[@X21JGD]

Smashed it as always Mark please do a video of your rally cars and why you have them ! And are you ever going to do some rallying ?

[@MinionInc]

WHAT IS MONEY ANYWAYS 😅

[@MinionInc]

@Mr_mark_mccannn can i message you too?

[@harrypenn611]

Another brilliant episode dude really liked it sorry to hear about the family being threatened

[@oliverotto556]

He didn’t lose any money at all- Mark bought 2 CGT's for 245k apiece, and sold them for 600k. He made almost a million in profit on the sales in only about 5 years of ownership. Selling the cars before the values really took off to 1.1m each doesn't mean he "lost money," he just didn’t make as much as he could of had he waited (which during a pandemic is is understandably unlikely). Clickbait title should be "I made half a million investing into Carrera GT's but could've made more had I held for two more years."

[@casper3630]

The wooden gear knob is a throwback to the legendary porsche 917

[@rumpoh8039]

buy what you love..... KEEP IT FOREVER

[@Adam-bs7qg]

Happened to me with my vauxhall vectra,could of got 800 quid for it ,but didnt wait and got 500, never mind

[@Noname30000]

Imagine being rich enough to own super/hyper cars but too cheap to buy new tires. What a dumb way to die

[@georgedadd5516]

This video is so relatable. Thanks mark for the insight. Definitely going to keep my 918, silly me thinking about selling it! 🙄

[@EvoraGT430]

Hope you drive it, at least.

[@AC-wl7ve]

Unless there’s another catastrophic crash like 08. Never know what’s going to happen, this is such a dumb video lol. This is like the guy who paid 10k bitcoin for a pizza.

[@augnkn93043]

I deal in exclusive limited edition ladies handbags and I have the same problems. You sell an Alligator skin Birkin bag one day for $137,000 and then find it’s been resold for $2,389,000 within a few months. Ladies handbags, super cars same thing.

[@nelg1973]

Great video , 2024 is gonna be epic. Ps like the new office 👌🏽

[@MarkMcCann64]

Sadly the lights fell down and pulled all the paint with it so going to need to rethink it 😂 thanks for watching

[@nelg1973]

@@MarkMcCann64 LOL. noticed hinges as well.Put them in aluminium diffuser tracks, what I do as a chippy when build alcove units & front lip the shelves to hide them.

[@mikadavies660]

A true driver's car..... No traction control....!! What a wonderful piece of kit.

[@0000mte]

I now a 3000 mile GT is going for £1.4m. 600 miles one would probably go for £1.7-£1.8m

[@hetromangaming3230]

improving day by day :)

[@MarkMcCann64]

Thank you, enjoy

[@Samole]

I lost all concept of time being over Christmas and new year, just when I got back into my schedule, this video didn’t come out Tuesday and threw me all off again.

[@tandcris97]

I love your videos, such informative and useful channel ! Thank you 🙏🏼

[@liamsmall]

Met mark at aurosport today and chatted about sterato and kens rally car. Such a lovely guy, very engaging. Looking forward to Aberdeen mate

[@itzajdmting]

Omg the sound of that thing on start-up!!! Im gonna be hearing that thing in my mond all day now haha... Thanks Mark 😎

[@danielheathcote5625]

Gutted mark. My dad had an 1987 carrera ciupe with beautiful spec including g50 box, was stunning. He got back what h3 paid for it, having had it for over 20 years and 30,000 very very enjoyable miles. He was sick when he saw a similar car sell at auction and higher mileage sell for triple some years later. But my mum remind3d him of all the pleasure it gave him, and that it’d have been such a bore keeping it in beautiful nick, and he’d have never have used it where they live now as he’d have had to garage it away from: the house they live in or store it as you did! Yes he says now, you can’t take the money with you, and he had an amazing time owning it!

[@Amboss39]

It’s really much worse than the lack of traction control. As can be seen with DDE in the video, the brackets break off the shock absorbers ! And not even so rarely. I think this also happened in the accident because the driver could drive but could not catch a breaking shock absorbers !

[@daviddodds5965]

Smashing this KZbin bud 🎉

[@mba9565]

Manny Koshbin and Mark are still regretting the choice of selling CGT. He owned two yellow CGTs and imagine his pain

[@mittysmalls]

These edits are killin me 😂😂😂😂

[@ñygee-x]

cheers mark really good to see the investing sdie to the car industry

[@CRAIG5835]

About 6 minues in it was cool seeing the young actorTemuera Morrison buying a car from the late great Kiwi comedian John Clarke before he went to Ozzie and became a big star. Tem Morrison went on to act in a Star Wars movie, Once Were Warriors and others. Comedian Clarke was playing his alter ego Fred Dagg, the gig that started him on his way to winning several Ozzie TV awards over the years. He was a Downunder Icon.

[@Dalbayob69]

Just over 15 years ago I was offered a Nissan Skyline R34 for £8k by a workmate who was moving away to Australia. My wife was pregnant with our first child at the time so I bought a 4 door saloon instead. The price of those cars now🤦‍♂️😩

[@APASSIONFORDETAILING]

One of the best cars ever made drove one left hooked in yellow when I work at the pde centre at Silverstone sounds unreal

[@LTHRacing]

Leak in a story lline the market went up due to Las Vegas Auction where low miles CGT was sold for over 2.000.000$ Thats when another spyke happened. I believe it was 2021-2022

[@haralamc]

This is like a politician talking about finances, I lost money because I didnt make as much as I could have feels a bit slap in the face

[@stuartblack9258]

Thankyou for the upload as always.......cheers mate👍

[@wtoohey77]

The old saying could ah should ah would ha 😂

[@kevinwhite8836]

Just like any investing Mark, some luck involved in the timing of buying and selling. We have all had the, if only I had held on a bit longer, but hindsight is a great thing. You made a tidy profit on both and it should be viewed as a win. If prices had of plummeted, you would have been laughing all the way to the bank. Good profit made and a pat on the back. Maybe a better win on the next one ( just don't try with a McLaren of course, unless it has an F1 badge 😉).

[@TheSaw410]

64!! Lets go!!

[@meandub]

I myself lost $1,200,000 buying shitboxes :D

[@maxflight777]

Love of MX !! Good guys !

[@jameswilkins3910]

Brilliant video bro

[@MarkMcCann64]

Thank you, glad you enjoyed

[@OS1NG.PLAYS1999]

That car was then sold to "canada", the dealer who bought it in canada is uncle ray² from SR Autogroup. Years pass covid hit DDE creating content to SR Autogroup for months and notice the car was for display and for sell, after that damond pull the trigger contact august luxury motorcars and bought the car. Months of ripped with carrera most problem with it is that spring at the back end they sometimes snap which cost you to slide unintentionally it was on DDE's video, and it was allegedly the cause of the death of paul walker not the hard tire. The porches was in a settlement with the family of walkers because they knew it was on the cars fault not the drivers fault.

[@tonystarks315]

I bought a 2021 tesla model 3 paid 36000$ and then sold it for 46000$ later due to full self driving. Also tesla cars need no oil maintenance for a really really long time. I have another model x for 6 years now no maintenance at all and it working in very heavy snow areas

[@IanBevis]

Great VIDEO Mark. The Carrera GT is a great example of investment cars and the gamble. I was offered one at £250k and honestly thought - NO WAY these are so expensive to own and I couldnt understand knowing how amazing the car was on paper that no one wanted one. Then the crash and I thought to myself with a HUGE smile, I was right. No look at cars over £1.3 Million. Anyone selling a DeLorean time machine that can do 88mph?

[@MrJadams92]

Any chance the cash from the Carrera GT’s freed up the capital to buy the RX43? In which case the video could be called “how losing 1.2m made me 3m” 😅

[@stueg]

Great video and love the variation of content. Keep up the awesome work.

[@jamesansell6068]

Add this to your formula Mark when I’m selling you buy and when I’m buying you sell I never get it right 😢

[@rhysrahman8061]

Man give a raise to the editor. Really nice story telling

[@sociaaljessie5431]

Great montage mate, had a blast watching it before sleep, the memage placing was spot on 😂😂😂😂

[@MorganI-s15]

I was going to ask about the carrera gt in the last car update video so this is answers to the question I never asked

[@MarkMcCann64]

Haha, thanks for watching

[@DharszanM0]

Sounds like this is the CGT that DDE bought in Canada?

[@ArisKondoprias]

The editor really had fun making this video

[@1234567marks]

I first saw one of those a LeicesterForest east services , I spoke to the owner, young looking guy, I asked what the bhp was, he didn’t know, more money than passion for cars I recon 😂

[@aynakotalaga]

Dick Lovett had one for sale in the UK a couple of weeks ago for 1.6 Million GBP!

[@Skritza]

jesus christ did the carrera come to be in 2004 wtf im old

[@philipberlanda]

The only reason why the carrera is so expensive is because there is a limited number of them. Dont treat cars like stocks. It could also go the other way where the price goes down because only so many people know about the car/care about it. The thing is that alot of people will fear the car because they know it is dangerious and not want to buy the car because of it. The price of rare cars also pushes alot of buyers away. Why buy a really expensive rare car wheb you can get a model for way less but has similar performance. Whos going to want to sit 15 - 30 years on a car and not be able to use it. Go buy a used sports car. Have fun with it,keep it. Invest other money you have in other things. The ultra rare cars are for people with money to burn.

[@Lenoch_]

5:13 "which had allegedly gone hard." There's no alleging of anything. Tires are supposed to be changed no later than 5-7 years after installation.

[@darrenprior6339]

Something tells me Mark will pull through ok. Everyone on KZbin is a multi-trillionaire. Life will go on

[@AndrewTSq]

The teak gearknob is a reference to the Porsche 917 that had the same material in the gearknob :)

[@SLA-Media]

Really great vid mate on your experiences thanks for sharing

[@Andy-bn9ci]

If you dealing with the Hartley’s your never getting the best money, offered them three cars over time and sold to other traders for £100k more - 😂

[@DOC_951]

The entire message of this is wrong. You didn’t “lose” anything though, did you? That’s like saying I would be a millionaire if I invested in Disney in 1920.

[@charliegolding6861]

It's mad to think a cgt is 20 years old it's just never aged the older it gets

[@MarkMcCann64]

It sure is a timeless classic, wish I still had mine 😂😂

[@charliegolding6861]

@MarkMcCann64 don't blame you and like you said they are such a collectors car and an iconic car and are barley seen in the uk I'm fortunate enough to of seen a few 2 at the british motorshow in 2022 and 2023 and one in the wild at mercedes world

[@Superbustr]

Remember the age old adage, "A bird in the hand is worth more than two in the bush".

[@SpeedSportsMag.]

Interesting!! My fav childhood car 1987-93 5.0 Mustang was in one of the recent Fast&F Films. It’s general worth has tripled the past several years.

[@martynlayton98]

Love watching your vids mark and knowing your from brum

[@MW-uy3np]

Exotic car salesman don't lose sleep on how much they lost due to a cars increase in value after it left their inventory, they want turnover and volume. Enthusiast don't care about the value of the cars they just want to drive them. The in between guys suffer dearly from trying to be both.

[@ImKrull]

i mean its a win win situation XD ill remember that when i have 500k spare for a high end car X

[@CommandoMaster]

U didn't lose any money. U made money on the C GT. U only lost on potential earnings.

[@stanndard]

We need more shorts so I can convince my friends to watch lol

[@phikotyekela7887]

I’m guessing the Canadian buyer was DDE

[@jai2256]

At the time, it was the right decision. The fact that these have increased in value is not your fault...!

[@user-ci3xn9uk5z]

Quality to see Carl

[@ktmmoto5317]

Didn’t expect Ronnie Mac would make it into the video.

[@adamkhan7736]

In hindsight it would have been worth going into debt and buying one of these when their values were around the 100-150k mark. Worst of all I personally think that their values will not remain at current day values😢😢. The only way is up (IMO).

[@colmburke7106]

Missing out on potentially making an extra 1.2 million is not loosing 1.2 million Mark.why are the titles on so many you tube videos lies these days?

[@david888a]

Exactly.. the title is a click bait…

[@kevinking9386]

Great story

[@JuneBuG2123]

Oh wow! That's a wild story. I wonder if the Canadian that bought the car was the owner of August luxury motorcars. I feel like DDE got theirs from him around that time.

[@raffcom2]

nice vids mate!

[@ash_mk1_escort]

Ahhh well mark, they could have gone the other way! Profits profit.. when do you sell..

[@Thelawofone77]

Many khoshbin wants one of these

[@SteveButler-km5fg]

Mark if we knew in foresight what we knew in hindsight we would be a dam sight better off. I think we all have some regrets when it comes to buying and selling cars and motorcycles whatever the value. Chin up.👍

[@jackbeddoes4416]

Quality of videos is so good

[@Jetpac74]

Great video mark Luckily your formula has overcome these losses and you now have a very healthy portfolio. You didn’t mention what you used the £600k for and what that car sold for….

[@Tgfb777]

Do these people really appreciate cars tho really?

[@kenrossaukrsa]

Do you want my Mini Cooper 2011 Convertible in rare light blue with 84k miles or should I keep it for another 5 years?

[@korbinianmartin8245]

Thanks for the transparency and your Formular for buying cars as an investment. I really would like to know how much percentage a middle man like ,,Brian" would get for a deal like this. Keep up the good work. I almost watched every Video of you, and I have been here since the delivery of your Lamborghini Huracan STO and i will not leave any time soon😅

[@Alwayswantedtochangethis]

Im not a whiney liberal but I had a boss in the 90s that told me "never feel sorry for a guy who owns an airplane" kinda the same here. Life if so decadent these days this is just the real price of the car. As much as I HATE HATE HATE dealerships because they take the second biggest purchase people make... Suppose to be a happy event and make it so horrible for the everyday person they rather get teeth pulled @20k per tooth. However these high end makers need their dealer base to sell their "common" stuff and this is how to make it work.

[@DoodlezMusic]

0:29 lmao what? The CGT is definitely not based off of the GT1-98 LM, they started developing the concept in 2000 and used a shelved V10 that was developed for F1 competition, which never was conclusive.