I don’t know what it is about guys cars, but all of a sudden I’ve become a car enthusiast and most of the videos I watch on YouTube are about car reviews and I love those guys over a throttle house.
But here is the problem, because I understand money I know that buying a car is never going to be a sound investments but I do know some important factors to help me not lose that much money.
First buy 3-5 years old, that’s the highest point on the depreciation curve, buy reliable vehicles and lastly the tech is cool but you can always add apple car play it’s not a big deal.
So in this video I’m going to share with you my research findings, it’s 5 luxury vehicles that I’m interested in that have lost a ton of value and now can be bought for a steep discount. Keep in mind I don’t care that much about cars and I like SUV’s because I want to be able to go on dirt roads and stuff.
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Bentley Bentayga
what a car, right now if I tried to get the 2023 version of this car it would cost me somewhere about 163k-263k
It has a beautiful interior and can go from 0-60 in about less than 4 seconds and has a top speed of 190mph
It’s an absolutely beast of car
However if we use common sense ( subtract 5-6 years we get 2017-2018)
The 2017 model started at 231k back in the day and 300k for the first edition
And now I can find one with again 6 years multiplied by the average 12k miles 72k miles
For about 90-120k , it’s still a ton of money for a car but it’s a 210k dollar difference lol
You might say it’s outdated but it’s not
The infotainment can be upgraded
Maintenance cost will not be 200k lol
And you get a lot of power 0-60 in about 3.5seconds
Lamborghini Urus
I literally had this car on my wall back in 2019, and today if I wanted to buy it; it would be about 230k
That’s a rental property that could make me 1800 a month in income
Crazy right but I have been waiting for this, for the 5 years mark to see how much value this thing has lost
2019 model which is official 5 years old now
msrp price at the time 203k
And now the price is about 190k-200k
How is that possible, Lamborghini has a really good depreciation curve and they tend to hold up value
So no real crazy savings here but it’s better than paying 40k extra for the new model
The truth
I won’t be buying this anytime soon
It makes no mathematical sense currently
I would need to have a networth of 2M dollars to buy this car ( using the 10% rule )
Tesla model x
this was another car I had on my wall, the problem with Tesla is that Elon has done a very good job not making anyone feel like they driving something updated
The actual new is not in the look but instead in the tech
So right now we’re looking at 122-140k for plaid, for the top of the top when it comes to electric vehicles
So let’s look at the 2017 model and what’s happened
P100D: $141,200 which is the top trim, I can find it right now for 60-75k depending on the mileage
Which means a discount of 66k and I still have nearly 300miles of range
And I can go from 0-60 in about 3 seconds
Porsche cayenne
when I was in college I swore I would get one of these cars but then I got my brain cells
This car right now is about 73-114k the gt model
And guys it’s absolutely beautiful, fast and just sexy
Mercedes GLC
these cars are known to be by mechanic, a great money maker for them
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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.
But here is the problem, because I understand money I know that buying a car is never going to be a sound investments but I do know some important factors to help me not lose that much money.
First buy 3-5 years old, that’s the highest point on the depreciation curve, buy reliable vehicles and lastly the tech is cool but you can always add apple car play it’s not a big deal.
So in this video I’m going to share with you my research findings, it’s 5 luxury vehicles that I’m interested in that have lost a ton of value and now can be bought for a steep discount. Keep in mind I don’t care that much about cars and I like SUV’s because I want to be able to go on dirt roads and stuff.
????Call Me????: https://bit.ly/30IBr0i
????Second Channel????: https://bit.ly/3c4sVPS
????????????Financial Freedom Course????????????$100 OFF CODE: LONGTERM
Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom
????MY M1 FINANCE PORTFOLIO???? PLUS $10
Link: https://m1.finance/37SHd4241z-N
Bentley Bentayga
what a car, right now if I tried to get the 2023 version of this car it would cost me somewhere about 163k-263k
It has a beautiful interior and can go from 0-60 in about less than 4 seconds and has a top speed of 190mph
It’s an absolutely beast of car
However if we use common sense ( subtract 5-6 years we get 2017-2018)
The 2017 model started at 231k back in the day and 300k for the first edition
And now I can find one with again 6 years multiplied by the average 12k miles 72k miles
For about 90-120k , it’s still a ton of money for a car but it’s a 210k dollar difference lol
You might say it’s outdated but it’s not
The infotainment can be upgraded
Maintenance cost will not be 200k lol
And you get a lot of power 0-60 in about 3.5seconds
Lamborghini Urus
I literally had this car on my wall back in 2019, and today if I wanted to buy it; it would be about 230k
That’s a rental property that could make me 1800 a month in income
Crazy right but I have been waiting for this, for the 5 years mark to see how much value this thing has lost
2019 model which is official 5 years old now
msrp price at the time 203k
And now the price is about 190k-200k
How is that possible, Lamborghini has a really good depreciation curve and they tend to hold up value
So no real crazy savings here but it’s better than paying 40k extra for the new model
The truth
I won’t be buying this anytime soon
It makes no mathematical sense currently
I would need to have a networth of 2M dollars to buy this car ( using the 10% rule )
Tesla model x
this was another car I had on my wall, the problem with Tesla is that Elon has done a very good job not making anyone feel like they driving something updated
The actual new is not in the look but instead in the tech
So right now we’re looking at 122-140k for plaid, for the top of the top when it comes to electric vehicles
So let’s look at the 2017 model and what’s happened
P100D: $141,200 which is the top trim, I can find it right now for 60-75k depending on the mileage
Which means a discount of 66k and I still have nearly 300miles of range
And I can go from 0-60 in about 3 seconds
Porsche cayenne
when I was in college I swore I would get one of these cars but then I got my brain cells
This car right now is about 73-114k the gt model
And guys it’s absolutely beautiful, fast and just sexy
Mercedes GLC
these cars are known to be by mechanic, a great money maker for them
* PRO TIP*
INFORMATION IS EVERYTHING
????1 on 1 Talk + My Budget + Stock Investments????
https://www.patreon.com/tommybryson
????Merch????
https://teespring.com/stores/tommybryson
✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬
????M1 FINANCE $10????
https://m1.finance/37SHd4241z-N
????ACORN FREE $5????
Link: https://acorns.com/invite/38EYSU
⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9
????????????DISCORD PRIVATE GROUP????????????
https://discord.gg/EcZEHpA
My Camera Gear: https://www.amazon.com/shop/tommybryson
✔ Help Us Reach 500,000 Subscribers: https://goo.gl/0wvm6w
????All My Social Media????
Link: https://linktr.ee/tommybryson
*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.
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