Shocking Reality of Buying Luxury Cars Revealed | The 1% Club Show | Ep 11

[@likhith-lexus]

If govt removes the stupidly ridiculous 100% tax for supercars and actually not construct stupidly high speed bumps, you can see a significant number of supercars

[@jishamp7539]

Then you actually Need SSSTUUUPIDD HOSPITALS... AND A LOT MORE STUPIDDILY RIDICULOUS accidents..😊

[@veeresh_22]

Well the 100% tax is not a stupidly ridiculous idea... If govt don't tax the richy rich, it will then have to come up with REAL stupidly ridiculous policies to tax poor & middle class more to compensate for its loss in income from taxation.

[@liketheterminatortoldya7297]

It's more than a 100% It's around 240% all said and done by the time the cbu is imported

[@tushargoel3870]

In India the roads are already full with cars if tax will come down then we can't drive the car on roads as there will be no space to drive

[@_aditya.sawant_]

It’s not the government but the Indian car manufacturers which don’t want foreign companies to sell those high end products for cheap

[@rithikgandhi3685]

This is how you conduct a podcast. Let the expert talk on their topic and as the host, ask great well reserched questions.

[@iamnotyourbrah]

💯, not like specific on indian podcaster who asks super private and stupid questions to the guest like "Aap bhoot ya aliens me mante ho?" Bs to A Military guy

[@RobertDamanii]

The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation

[@TheRothschild770]

I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.

[@TheRothschild770]

I don't think I need a finance advisor. I can manage my own money and investments. I don't want to pay someone else to tell me what to do with my hard-earned cash.

[@RoseBalerus]

@@TheRothschild770 That's a risky attitude, My friend. You might be missing out on some valuable opportunities and strategies that a finance advisor can offer. A finance advisor can help you plan for your short-term and long-term goals, optimize your tax situation, diversify your portfolio, and avoid costly mistakes.

[@LeeParkchu]

@@RoseBalerus I agree with You. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations. They can help you stay on track and avoid making impulsive decisions that can harm your financial future.

[@ThomasColt]

@@TheRothschild770 I used to think like you. I thought I knew enough about finance and investing to handle everything myself. But then I realized that I was spending too much time and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and gave me peace of mind.

[@shrih8891]

This is the example of a unique topic and type of podcast we can do. Please bring in more of such type. Thanks.

[@hemantlahale6593]

The appreciation of the car, Applies to a selected few cars. Which are produced in limited quantities like the McLaren's F1. Other mass produced supercars deprecate at a rapid pace.

[@pavitravirani5293]

I think much more wider available cars such as the 911 platform of Porsche also appreciates

[@Deepanshu_hooda]

McLaren Speedtail and Ferrari LaFerrari is also in appreciation

[@pavitravirani5293]

@@Deepanshu_hooda yes coz they are in a limited production run

[@pabitra7556]

​@@pavitravirani5293 Yeah majority of the limited production cars appreciate in value

[@Deepanshu_hooda]

@@pavitravirani5293 that's the main reason

[@praveenkrishnan4935]

What i really like about this podcast is that sometimes he ask question for audience which is something most of the audience really want to hear. Like the luxury cars within 40-50 lakhs etc. He knows the audience pulse.❤

[@putci76]

And you think the luxury car will really give you luxury living anywhere in this country,😂😂😂😂

[@putci76]

It's meant for showing off and nothing else

[@73dpk]

I almost never comment on KZbin videos, but had to mention the fact that this guys seems to be a Humble guy who has some good communication skills. Appreciate it !!

[@jollypaul6737]

I appreciate Ramesh's candid insights into the luxury car market

[@yogensachdev]

Quite insightful episode Sharan! Looking forward to a part 2 with Ramesh Somani.

[@financewithsharan]

Soon! Thank you :)

[@jollypaul6737]

@@financewithsharan yes! need another episode with him

[@daforddp]

So informative! This is one of very few YT videos I watched without fast forwarding!

[@__ayushman__]

I got the chance to go for a spin in the Lamborghini Urus Performante. A car with that power is just crazy. It just blew my mind and as a car enthusiast it was the best moment of my life.

[@lokeshwaraachari6781]

Sharan bro doing absolutely great....i think this is very unique video in this 1% club episode . Eagerly waiting for 1% episodes.keep doing like these❤

[@financewithsharan]

Thank you so much :)

[@DE-Burrows]

Yes you might say that but More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment. Retirement becomes truly fulfilling when you possess two essential elements: financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement. .

[@BEAUTIFULDIANAFRANCIS]

We had invested money through Cynthia Depken - Stock Broker & Investment Advisor for nearly 5 years. The market had its ups and downs, but in the long run it did very well for us. With my pension, social security and investments we are able to live comfortably. We are now able to fully enjoy our hobbies, travel, family and making new acquaintances.

[@MarcelinaMakowski]

Thanks for sharing this here. I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn to invest or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

[@LeslieWagenheim]

Focus on two key objectives. Learn when to sell stocks to minimize losses and maximize gains to start protecting yourself. Second, prepare to make money when the market turns around. I advise speaking with a broker or financial counselor.

[@LeslieWagenheim]

Cynthia Depken is my licensed fiduciary . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@BEAUTIFULDIANAFRANCIS]

Just want to say, you do not need £200k to speak to a Financial Adviser - I think this is a bit of a generalisation from some of the massive corporate advice firms like Vanguard. If you feel that you will benefit from financial advice regarding investments, insurance, pensions, Inheritance Tax liabilities, etc. then I absolutely encourage you to speak to a regulated independant advice firm - It could be the difference between a hard graft for life and a managable retirement! It is always worth checking for reviews beforehand though.

[@arunkumar-wx1xw]

Damn Man!!! I really loved this one. The way the question and answers. Thank you both ❤

[@financewithsharan]

Thank you so much

[@anshutechno3081]

Hey Sharan you forgot to make :) in the sentence

[@GaptsPvt]

Being auto enthusiasts I can feel the podcast thrill

[@noshwhiakdhssdd]

14:53 one of a luxury car that is a competitor to audi q3 and bmw x1 is the vw tiguan, Highly underrated, and mod friendly, kodiaq is also a pretty tough competitor for those . These cars can be bought for less, as alot of profit margin is left for dealer.

[@Me-nk5ic]

But paying for the brand of bmw merc

[@Gear-Gazette]

9:12 Most rich people in India do not understand the importance of supercars whose value has increased because value of such cars increase because of their PERFORMANCE, INCREDIBLE DRIVING EXPERIENCE which most rich don’t care for. Yes selling super cars whose value has significantly increased and becomes a collectible works only in countries like USA, UK, GERMANY where people know their cars. But in India it’s not going to work.

[@tstcikhthys]

Why is it that almost nobody in India can get basic count words correct? It's not "lakhs" and "crores", but _lakh_ and _crore._ In the same way that one does not say "5 thousands" and "5 millions", one does not say "5 lakhs" or "5 crores". And 10:36 the symbol for "kilometres per litre" is km/l, not "kmpl" (which would mean "kilometre-picolitres").

[@jayantadeka007]

This man is just amazing!! He knows everything…. well almost everything about luxury cars👍👍 loved the content of the podcast 👏🏻👏🏻

[@RameshSomani]

Thankyou

[@Jalebilovefafda]

I bet , Mr Boopesh Reddy would be one of 5-6 person who will get the allocation of Ferrari Purosangue ( means pure blood ) . This is because he is one of two person who in India who got allocation for Ferrari Competizione. And that car when launched was about half a million and now sky rocketed to about 2 million usd .

[@yugmajithiya4771]

For kind information to other, he owns BREN Corporations which involved in real estate in and around Bangalore .

[@vijay-oe7qh]

There are 4 competizione in india

[@gaganchaudhary9908]

I always wondered what an Indian Top Gear Show would look like and more then that who all will be perfect to host and match the craziness of the og gang.....i guess we are finally going to get the answers. Really excited for it.

[@mohamedsanoob1434]

Sharans ability to navigate through complex topics and extract valuable insights is truly remarkable.

[@financewithsharan]

Thank you so much :)

[@manishnaik8783]

Agree

[@RiderBullet-d8b]

It was quite an informative show and i enjoyed watching it. Keep up the good work , good going Ramesh

[@marrylobo9182]

11:14 Ramesh being extremely honest 😅

[@ChitraCar]

Every car guy dreams to own these beauties.❤

[@financewithsharan]

Correct.

[@ZioMatrix001]

To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Evelyn Infurna focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

[@BrianNicole11]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Evelyn Infurna, she is my current trader and her strategies are working

[@ZioMatrix001]

Run a quick online research with her name.

[@ZioMatrix001]

She's quite popular for her services. She can work with anyone irrespective of where you're located.

[@lucassilva-ib9rx]

You invest with Mrs Evelyn Infurna? Wow that woman has been a blessing to me and my family.

[@memikaoru]

Crypto has opened doors for global financial inclusion. It's time for a more equitable world!

[@Sanjay_Learning]

Very well narrated q&a that gets completed before our attention span exhausts.

[@keerthivasan3643]

High economical imbalance creates lifestyle differences, If i want to tell a classic example, I would mention actor rajinikanth as an outsider i have seen him using only commuter vehicles like Honda City, Toyota Innova,Tata Hexa etc. but their adorable daughters uses only expensive models on all brands like GLS, URUS, 760li etc. So this small story tells us That it is all upon human's mindset whether what to buy or not. A hard working father at age of 72 thinks 20 lakh ₹car is enough to ride over city, Still their daughters who probably never went for a job still needs an 7series bmw to ride as their father earns a lot.

[@BrunoNara]

I love the way he asks questions like a curious kid, i got all the answers to the questions.

[@balesh_chemagination3359]

9:38 The laugh for no free service😂😂

[@mallikjan2180]

Sharan bro this some serious motivation video for everyone,thank you for this video 🙏🏻❤❤❤

[@financewithsharan]

Glad you enjoyed it

[@aartigavit5845]

Listening to Ramesh was really informative

[@vinaypolisetti1743]

I absolutely like how you conduct the interview. Kudos sharan. Subscribed 👍🏽

[@richie.kxr_]

Loving the 1 percent club. Keep them coming.

[@karthikmaxxi]

Your questions were on the Mark 🎉🎉,, superb 🤘 Bro

[@Mr.Devileditz]

One of the best interview I have ever seemed. This was full of information for real 'Car enthusiast'❤

[@reenauparie2536]

I learned something new today... thanks to both of you

[@mubeenahmedsiddique204]

one of the best podcast in yearsssss......he's a true petrol head ❤

[@khurram4589]

Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

[@LydiaLopez-yh7wo]

Oh yea! Thanks dude, been looking on a way to get his contact. I’m happy I came across this now.

[@vishalbarot8588]

Excellent and Unique content. Thanks brother 🎉❤

[@karneetsingh8864]

This is actually the content what we want to see in an podcast rather than 2 people sitting in a room and talking about aliens

[@TheHasmukhmali]

😂

[@anantnd393]

Nothing wrong in that. You consume what you like, only.

[@dipanjanbiswas8159]

Very very nice and practical discussion 👌🏻👌🏻

[@bhuvanbhola8413]

Same as in case of mustang in india even 5-6 years old are sold for approx 75 lakhs whereas new costed around 65 lakh

[@karthiksudhan3406]

Why do people buy a old car when the new one is cheaper?

[@dyno-qe2vk]

@@karthiksudhan3406sale of mustang is stopped

[@trijit96]

Mustang is most available car😂

[@rupashetty2577]

Simply awesome interview . Something new information of 1% club.

[@james98731]

16:45 Nazar will come😂😂

[@Miranas-e1f]

As a big fan of you sir I want to do at least one hour podcast. Love from kashmir ❤️

[@India_Unmasked]

This is one of the best podcast. This guy explained things in a very saturated manner. COngrats

[@nikhiljain3917]

New cars getting more expensive is inflation, not appreciation.

[@ItsKuver]

Thanks bro I understand cars much better now 😉 Edit:- Also understood the Henry Ford's quote - "If I had asked people what they wanted, they would have said faster horses."

[@ranjith_7]

For those who say money can't buy you happiness, just watch this video and realise what money can do in your life.

[@TK-ij1re]

It won't last brother, it just won't...u r buying misery in longer run as there is no end to this greed race!

[@random_person_on_internet]

@@TK-ij1re exactly These people often forget where to stop Hence they continue running behind money and keep saying to themselves "why not more?" That's the real rat race We need to hit the wall to realise chasing a wild duck will never end

[@wasixsunil]

00:01 Luxury cars are available for free through the 0.1% Club 01:53 Driving luxury cars on tracks made on ice is an expensive experience. 03:43 Luxury cars in India have a high price tag and additional costs. 05:39 Luxury car ownership is exclusive and selective. 07:42 You can afford luxury cars for free by understanding how it works. 09:30 The average yearly maintenance for luxury cars is about 7 lakhs. 11:18 Bugatti Veyron costs around $19 million and is considered the fastest car in the world. 13:24 Luxury cars are meant to be enjoyed, not driven at top speed for photo ops. 15:19 Price difference in luxury cars is not solely determined by components, but also by brand perception. 17:13 Aspiration is built by having luxury cars on the road, leading to employee motivation. 18:56 Luxury car brands have a worldwide recogniti

[@Khavengers]

Hats off Sharan, you've the ability to keep the storm at bay. #iykyk

[@SharkShank]

Amazing video bhai 😊❤❤❤ Unbelievable fact of ultra rich people 💎🙏🥰❤️

[@iitian-hrushikeshpatil7430]

18:53 dubibudidubu

[@SiddharthGaurs]

Very knowledgeable guy and he knows how to out forward the points in a conversation

[@LoveYouEnglishLessons]

Loved it. I never knew any of these things before.

[@utkarshdixit669]

perfect host and perfect guest . enjoyed every sec

[@yuppmanky]

Well said though. RSQ8 is one of the most underappreciated luxury sports suv. One of my favourites over Urus

[@bhabhutiji1169]

Bmw X5

[@ashokedits7252]

Sharan never disappoint us.

[@financewithsharan]

❤❤❤

[@glitchmanshandle]

Daddy will always be daddy with dad questions.

[@BlesswinJefferson]

This is the only time he satisfied me 🙂.. different personal interests ig

[@rajadebnath2268]

​@@financewithsharanhey sharan u didn't asked him what's the nost comfortable cars and their prices , u know we don't have that much money 😅 , comfortable cars would be a good choice for people like me who likes to go for long rides , anyway bring more people who can give us insights on different topics 😊

[@villagecommunity3908]

Such an unique pod cast bruha keep it up an go ahead 😊

[@Aryan-r6o3x]

Wow! The best content for a car enthusiast like mee!

[@idreespadela8148]

Don't know who the guest is, but love him

[@drstrange404]

But after charging depreciation every year at 20%, how will one sell the car at the same price? Will it not be inconsistent with previously reported values after depreciation?

[@udhayakumarMN]

Car value appreciate in market You got 20% yearly depreciation for tax benefits.,..

[@AdamMontoya6326]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Anna Williams

[@julienolke-vx5lk]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

[@FrankWilliams790]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@DonaldHuge]

What impresses me most about Anna Williams is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.

[@karenrobinson598]

Isn't that the same Mrs Anna Williams that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

[@elizabethkarvelas308]

I'm new at this, please how can I reach her?

[@kpb9010]

One look at the guy who is being interviewed and the little voice in the mind says "stay away". He has Mr. 420 written all over 😂

[@yuganshvirmani7958]

Fastest EV Hyper car is Rimac Nevera. Rimac is now a joint venture with Bugatti

[@sofakingdope__0__0]

Bro is a pseudo enthusiasts. He wouldn't know that. If an enthusiast wants a Bugatti, there's only one. The cheapest. Rest all Buggati's are the production game and that's all. Go buy a Chiron. Maybe a SS if you dig top speed.

[@exhibitmagazine]

@@sofakingdope__0__0 Get your facts corrected Rivac used to be one, also do you even know how many variants of buggati are there? its just not Chiron , Please get your facts checked before your call your self a true enthusiast

[@sofakingdope__0__0]

@@exhibitmagazine all current variants are based on Chiron. Same platform, same W16. The only difference between the variants are designs and production units. Go eat a brain somewhere else.

[@paarthd2]

@@sofakingdope__0__0 Can't believe how TG actually sold themselves to a chump like this.

[@saumabhobagchi5547]

​@@sofakingdope__0__0The cheapest Bugatti is actually an electric scooter

[@letstransform1012]

Amazing Insights 🔥

[@vinaysingh6229]

important 3:09 8:04 9:45 13:04 14:55 15:50 16:50 aspiring , foster entreprenuurship

[@vinaysingh6229]

also 7:00

[@ravikumar-ss5fc]

1% club 👑

[@manojkumars2427]

Good Podcast. Is there a complete video to watch..

[@munawaralamnewdelhi]

This person legit knows his stuff

[@dipak1293]

Watched non stop !!

[@srikalaaditijndu5832]

Fresh judgement on RTO charges in Andhra pradesh High court passed about RTO charges it should be calculated only on net price value but not to be calculated on Ex-Showroom price even on Luxury cars, as it is mention in vehicle tax schedule 6. If anybody did so they can claim those charges from the showroom dealers. be aware of road tax while buying new cars.

[@SatyaVlogInKannada]

Very informative video Sharan, beep boop beep boop.

[@financewithsharan]

Thank you :)

[@syedazhar8554]

loved watching this video!

[@financewithsharan]

Thank you :)

[@Nofux2give]

thank god for internet man, schools would have never taught us this

[@syedmurtaza8106]

From Pakistan, Learned a lot from your video

[@bhooshanvp]

Most interesting podcast 🎉

[@lakshnaramesh9733]

3:10 It's NOT rupees, it's quantity

[@zordanssmith1635]

Owing urus is a far sighted dream. Owning Alto now is not a reality 😂. But the motivation I got from this video is what I needed not because of owning a car but to keep grinding and never give up. Skill up, keep the hustle.

[@sureshroyala6296]

Informative. Good stuff

[@Kddatashan]

Power Of Stocks -- Shubhasis Pani (Stock Market Trader) Buyed Lamborgini Urus

[@Rajdsmart]

Great Topic !! learnt a lot of things !

[@ariesaakash]

Didn't expected too see such content on this channel.

[@sarveshpavale3930]

TY Sharan , for Fueling my Aspirations by bringing Ramesh SOMANI in this Podcast. L from MH

[@natarajhosmani4921]

Wow Nice Video I enjoyed ur expression (9:15 to 9:45) time lapse

[@evolutionstudio1037]

Got motivated by watching this video❤

[@rajeshkamath822000]

Very good content. Unpacking it for the non technical people.

[@sunnyramchandani]

That's Awesome content!

[@anmolsinghgaba9666]

Really enjoyed this video❤

[@ohfacts121]

Don't have cycle but still watching

[@MuhammadQasim-id8fi]

4:50 and in our country Pakistan Urus will cost you around 25 crores and custom duty on import of a normel car is around 400% except sales tax,RD etc

[@hari.krishnan0]

7:45 - Great interview but I beg to differ. In the new car market, it appreciates; however, once placed in the used car market, it garners little attention. Regardless of material, unless it's made of gold, the depreciation is inevitable. Any commodity, once utilized and subject to mechanical wear, is deemed a machine, destined for a diminished value, irrespective of its badge. Hence why I’m into super-bikes and not into super cars, which I could get one if I wanted to easily but I choose not to. The depreciation factor in motorcycles are insanely less than a car. My best bet cap off - Rs 50-60L. (considering you’re financially stable over all only). Buying any vehicle over this, you’re into the worst financial decision. The depreciation over 50L comes at a huge massive cost. Take any car for example.

[@edwinlawrence7694]

Very few cars are a appreciating assets these are the cars which come under the super limited category, buggati, mclaren f1, p1 and senna, and eggs, u either have to have a unique made car buy hermes or some luxury brand and there are cars which dont depreciate as much like porsche 911 2011 model is still selling as much as its mrp cause there is demand for thoes cars the car which are widely produced like the A B C class they do depreciate in value a lot

[@edwinlawrence7694]

Also who is a enthusiast doesn’t cares about the resale value and thats why switch to bikes or car weird argument but okay

[@miteshchaudhary6592]

Amazing amazing podcast.

[@KannadaAudiobook651]

If I have 5crore than i can have a free car ....whatttttt😮😮😮😮..thanks sharan ❤

[@VikasBharti02]

You need to have a business firm established in your name, and the car should be in company’s name.

[@bibhutibhusan168]

Bro took the whole podcast just to explain the meaning of appreciation

[@Leofredd]

My boss drew me to Oman we were cruising from 260 km to 300 km. It didn't go beyond 300 km. The moment it touched 300 km on full acceleration it came back to 260 km after leaving the acceleration slightly. We were about crash in a roundabout which comes but my boss had full control. Probably he was used to driving it this way. That was the last I sat in a merc.

[@jayk7662]

Superb video 👌 very informative

[@Dwraich]

Mostly super car gives mileage above 5kmpl and they have tanks above-70-80 litre, so even lowest mileage car you can do above 300km 👍🏻

[@mahmadhanifchotaliya3946]

Wow ,nice interaction