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Filippo
Foreign.
Doug
Hello, and welcome to this car pod.
Kenan
I'm Kenan.
Filippo
I'm Felipe.
Doug
And there's a lot to talk about. Let's start with the news. Taylor Swift and Travis. Oh, this.
Filippo
Yes. That is also news.
Doug
My bear. What's this?
Filippo
What do you think they'll leave their wedding in?
Doug
This kind of looks like Taylor Swift and Travis Kelly.
Filippo
Well, that's an F150 in a Peugeot 208.
Doug
But what is our story?
Filippo
The reason they're in the news is there was a news item earlier this week. So the European Union and the United States are in a bunch of trade negotiations because President Trump applied a 27.5% tariff to European goods, 25% tariff to vehicles, et cetera, et cetera, et cetera. So they're trying to negotiate that. Yeah. One of the things to come out of that negotiations is a line in one of the kind of potential agreements. I'm being very direct in my. This is a potential thing language, possibly is a line that basically says, the eu, you and the US will accept each other's safety and emissions standards.
Doug
Let me tell you something. If no other good comes out of the tariff thing, and so far, no good has not a lot of good. If no other good comes out of the tariff thing, that would be good. If they harmonized regulations, the auto, it would be so great for so many people.
Filippo
It would be quite something. There's a lot of cars that don't come to the US from Europe because, well, frankly, there wouldn't be demand. Let's be honest, nobody wants to Fiat Panda here but me. Nobody wants a Peugeot 208 here but me. But a big reason is that they don't want to have to meet all of the U.S. safety standards and the U.S. emission standards. Now, to be clear, they're not necessarily more stringent.
Doug
Yeah. It's less about European cars not coming here. It's more about. Well, some cars are not sold in both places because whether it's a US car or Euro car, because the standards are so different. So it would be nice if they were harmonized. That would change a lot of stuff. We'd get the M3 wagon. I would love.
Filippo
You get a lot of things.
Doug
Wouldn't it be nice if it applied retroactively? We could bring in an E61 M5 tomorrow.
Filippo
We sold one.
Kenan
That would be nice. It would have been nice if they did this, I don't know, 70 years ago. Would have been great if they, you know.
Doug
But whatever the.
Filippo
The thought is, this would benefit both countries, right? There's reasons that the F150, the United States and Europe.
Kenan
Europe, the country, the great nation of Europe.
Filippo
You get my point. The. I'm sure that the US negotiators are. Are thinking that great, we can then sell F150s more easily. Those are probably not legal to sell in the EU directly. They're imported by third parties. But we can then sell these cars in Europe that right now they don't meet the mission standards. They might not meet euro six years, upcoming euro seven standards. They might not meet whatever other requirements.
Doug
It is pretty wild like euro Europeans have. The European standards have gone pretty far in terms of a couple of things that the US Standards haven't, including emissions. But also pedestrian safety is a huge flathead and it's not that big of a thing in the States. And I would be curious where the harmonizing falls.
Filippo
You know, it wouldn't be harmonized. It would just be blanket. You are allowed to sell a car that only meets the European standards.
Doug
Oh, you can sell one or the other.
Filippo
That is, you can meet one or the other single line that came out of that report.
Doug
Yes, let's do it. I'll pay tariffs if it means. I'll pay tariffs if it means that we can get Eurocars. Filippo, think about all of the CUPRA 4 mentors.
Filippo
We'd be able to have so many Cooper for mentors. Now, of course, they might not be able to sell in the US A lot of EV manufacturers are learning that it's quite hard to navigate dealer rules in different states. It wouldn't necessarily be actually sold here. That requires a lot of networking. What do you mean?
Doug
Texas at the mall. Right. I was at the mall yesterday. There's a Porsche store there at the mall. Really? Yeah.
Kenan
That's Porsche design, but yeah.
Doug
No, no, they got cars. There was some sort of 911 and there's Audi too. They got Q5s up the up the.
Filippo
Rim driver on the Mission Valley Mall parking lot, like the parking garage has a section that's for Audi test drives.
Kenan
Wow.
Filippo
Yeah.
Doug
There's also a section that costs six bucks to park closer. And I did that, but I charged it to the company.
Kenan
That sounds like you.
Doug
But I saved time for the business.
Kenan
Right, to pick up your shorts to get back to the tenant.
Doug
No, no, no, no, no. I was turning in my computer, which I use for work purposes. For work purposes. That's why I have a different computer today. You want me to go on an Apple rant? I got an Apple rant ready.
Filippo
Once they start making A car. You can go to the Apple rant.
Doug
Okay, so this is the thing. Do we have any news on tariffs?
Filippo
Yeah, eu there's news today. We're filming this on Wednesday that the EU might remove the tariffs that they applied to U.S. imports, which also means that that's unlikely to happen because they are kind of removing some of their negotiation power on this, and they may not need to. The goal is that if they remove tariffs that they apply to US Goods, then the US Will treat them favorably. I find that unlikely. This regulation thing. Unlikely to happen.
Doug
But if it does, we don't have it. The answer is. We don't have an answer yet.
Filippo
We don't have an answer yet.
Doug
Let me ask you this question, and I mean this with all the sincerity in my heart. What about Norway and Switzerland? Okay, move on to the next news story.
Filippo
Do you actually mean that question or.
Doug
Not really, but a little.
Filippo
I'm happy with that.
Doug
Oh, fuel pumps. Yes. Gas, gas, gas. Diesel. And this is hydrogen.
Kenan
That's everything.
Doug
You got it all.
Filippo
The one place you can fill up a Mirai, right? No.
Doug
Do you ever fill up a hydrogen car?
Filippo
No.
Doug
I've done it.
Kenan
What's it like?
Doug
You go to a place that's not near anything.
Filippo
No.
Doug
They got them in the middle of nowhere. That's not true. And then there's like a hose. It's like giant. And it's got a big pipe on it. And you connect it and you have to airlock it. It's. And then hydrogen flows into the car. No one knows how.
Kenan
Does it make a sound? Like is.
Doug
I don't remember. I don't remember. I'm not even sure why I did this.
Filippo
Porsche ev.
Doug
And then eventually it's done, and you un. You un. Airlock it and you're good to go.
Filippo
I had for a while in Europe, it was popular to have, like, twin power cars that were gas and what is fundamentally natural gas. And so somebody in my family had a Fiat Punta that was both. So I have filled up a car with.
Doug
Compared to cng.
Filippo
Damn.
Doug
Like those Civics that we see around sometimes with the little stickers on it.
Kenan
Pretty impressive.
Filippo
What's the news story here? Unrelated to CNG entirely. So this is a little bit in the weeds. They didn't want to talk about this, but I want to talk about this. All right. A lot of. So the nhtsa, the National Highway Traffic Safety Administration, has rules for what kind of fuel economy. Irish fuel economy. Each automaker must meet. They're known as the CAFE standards. Generally, the Trump Administration has said that as basically put out executive order saying what the Biden administration did in applying CAF standards is not something that they should have done. We're not going to enforce those anymore. So automakers that previously paid substantial fines won't be paying those fines, at least in, under the current administration. Between 2019 and 2020, Stellantis paid $190 million in fines for not meeting those standards. They've paid since 2018, $773.5 million in those fines. Wow. Which is real money. They now no longer need to. Which is notable for them because it means that they can first of all save hundreds of millions of dollars a year.
Doug
Some of the cost of the development of the Charger ev.
Filippo
Yeah, correct. And what did that car cost to develop?
Doug
100 million, 50 million, 75 million?
Filippo
I don't know.
Doug
Someone right into us from Stellantis clandestinely and tell us this is the money all back in their pocket?
Filippo
Yep. And also, I mean, they lose any disincentive from manufacturing less efficient cars or investing in more efficient cars, they lose the incentive to invest in more efficient cars. There's also flip side to that. The NHTSA has not, according to a lawsuit by Rivian, processed any of the required notifications from 2022 or forward. They're like regularly delayed by a couple years, but they've not done it for 2022, which they were supposed to.
Doug
Which Chrysler's just not going to pay even for a couple years where Biden was president.
Filippo
Yes, correct.
Doug
Why is Rivian care?
Filippo
Rivian care is because they, as with every other EV manufacturer, sell credits to other manufacturers to offset that. Rivian doesn't build any gas powered cars. They more than meet that standard. They get credits back and they can trade those.
Doug
So Rivian is upset because Stellantis was going to be their customer.
Filippo
They were going to sell $100 million worth of credits.
Doug
So Stellantis is up 100 million. They don't have to pay government.
Filippo
By the way, these are not so not all rivers.
Doug
Rivian is down $100 million. They were planning on raking in.
Filippo
Yeah.
Doug
Everybody's either happy or mad.
Filippo
Everybody's happy or mad. Tesla has sold billions of dollars of credits that now, at least in the US won't really be realistic credits for them. Realistic revenue source for them.
Doug
Right. The credit thing is a big deal. The credit thing is a big deal.
Filippo
And so is the fine. I mean, that's. Those are some hefty fines that no longer apply. They really change.
Doug
We'll see how long this lasts. It's so based on the political climate, which can change pretty, pretty frequently.
Filippo
Right. And you also have to worry a little bit about does the future administration apply these retroactively? Do they apply fines retroactively? Maybe for years where there was technically a fine to be had.
Doug
No one's applying anything retroactively. You're good, you're good.
Filippo
Move on.
Doug
Okay, what do we got next?
Kenan
Ooh, an accurate. Speaking of electric cars, so this is.
Doug
This looks like very much like an NSX had some sort of thing with a rimac. Nevera.
Kenan
That's. Well, you know what, that's not far off. So this is the BYD Yangwang U9 Track Edition. And the reason we're talking about this is that it accomplished something pretty amazing recently. Now, this car makes 2,900 horsepower.
Doug
Okay?
Kenan
Ample, some would say.
Doug
Can I just say it was put.
Kenan
To good use recently. No, wait, it was put to good use recently as at ir, where, you know, Top Gear famously did the test of the Veyron where Volkswagen does a lot of their high speed testing. It hit 293.54 miles an hour, making it the fastest EV by quite a margin.
Doug
Is that the fastest car?
Kenan
Technically, Bugatti was able to hit 300 miles an hour. But this also just like the Bugatti only did it in one direction. To be. To have the world record, it's an average of going one direction and coming back the other way.
Doug
Is it depressing for us that when we were children, the fastest car in the world, McLaren F1, the Bugatti Veyron, and now it's the BYD Yang Wang U9 Track Edition. Track Edition. I'm so sorry.
Kenan
Thank you. Got to make sure you add that. Yeah, I. It feels hollow to me somehow.
Doug
I mean, it's just like, give me a name. Call it the BYD Vapor.
Kenan
Well, the McLaren F1, like 241, I believe, was its top speed. That was a huge margin compared to what was the fastest car before that. Was it the XJ220 in.
Doug
In our world.
Kenan
In our world.
Doug
Fastest car before that.
Kenan
Not the roof.
Doug
Yellowbird roof, this or that crap that nobody cares about. Modified 911 may have been XJ220 for like an afternoon, which was like 217.
Kenan
Can I point out then, the F1.
Filippo
If you're not familiar with the meaning words F1 and U9 letter number, right?
Kenan
Racing team makes a lot of sense. This is named after Prince.
Doug
If you're not familiar with the meaning of words. Well, as you Said they're the same.
Filippo
You can't name it the F1 anymore. Surely Formula One will do that.
Doug
You know what you do, and I'm not trying to be a jerk. You know what you do. Call it the F2.2.
Filippo
I think they should.
Kenan
Well, no. Then it would have been a lesser racing series. But my point is like the. So the XJ220, then the McLaren F1. McLaren F1 came out, did its thing. It held the record for a decade, 10 years. Then the Veyron came out. That also held a record for pretty long time.
Doug
Now the Yangwang U9 is up there at the top. Is this the one that jumps?
Filippo
Yes.
Doug
Did it?
Filippo
I.
Kenan
You know what? I assume it jumped around. It is wild. There's a video of it. It's wild to watch. Like the record being set because it really moves around at that speed even with a professional driver and all these things.
Doug
It is pretty impressive that it took him 3,000 horsepower to overcome what must be a significant curb weight situation. And you don't know the car's name.
Kenan
Also, like when Bugatti developed Veyron, they. They then went and sold them in. Lost was. It was like 5 million. It took them 5. They lost millions of dollars on every car they sold, supposedly. Meanwhile, they came out. This feels like this came out of nowhere. And all of a sudden it's just like they're able to do that kind of speed. Yeah, it's kind. It is mind blowing.
Doug
This is why I'm always saying we have to continue advancing on EVs. We will not succeed by just selling the Ram 3500. Dually. We make EVs that jump with 3000 horsepower and can do 300 miles an hour. All right, this is the problem with Trump. All right, go ahead.
Filippo
Here's where what I would like to ask. All right, so this car has 2,959 horsepower.
Doug
Okay. It's not 3,000.
Kenan
But I said. I said 2950.
Doug
He got it right. He got it right. I'm sorry. I wrote I don't round at that level.
Filippo
I round there is a base U9. Right. Which is the underlying car. How much horsepower do you think of the base U9?
Doug
It's like 1700.
Filippo
It's insane. The base one has 1287 base model. So this one has 1672 more horsepower than the base model. Well, don't Forget it has 3,000. Don't forget each of these numbers is insane.
Kenan
I think the Veyron Supersport went from 253 miles an hour. At the standard car to 259 miles an hour. 261. And they had to add an extra 250 horsepower just to do that. Well, the aerodynamic drag at that speed is hard to explain.
Filippo
I know, but like that's so much baseline power.
Doug
Yeah. It's insane.
Filippo
Like the number is more than the truth right now.
Doug
That's the world right now. We got power everywhere. And a good example of that is. Oh, I was hoping it'd be the Phantom of the Pool story. All right, what do you got? We got Mercedes and BMW in the same picture.
Filippo
Crazy.
Doug
God, are they warring?
Kenan
Yes. Two renowned adversaries.
Filippo
Correct. There is apparently BMW and Mercedes are in talks to have Mercedes buy engines from BMW.
Kenan
Ah, yes. The most reliable part of any BMW. Its engine.
Filippo
All right, so how many shot we can just get through all this?
Doug
Oh, I don't know.
Kenan
They really want. Mercedes just wanted to add rod bearing problems to their list of issues.
Doug
The engine. They're talking about engines. The CLA and the GLA.
Filippo
Yeah. I mean fundamentally, Mercedes has invested heavily in EVs. They probably don't have a new generation of very low emissions, high efficiency, small engines because why would they? It's for a couple of product lines that they expected to not make with gas power anymore. Right. Partnering with somebody else saves them a ton of money from developing their own engines. It was kind of inevitable to some extent. But it is wild to see the two most famous German competitors potentially collaborate.
Doug
Can I ask you a question?
Filippo
Of course, anything.
Doug
The GLA was also sold as a Nissan at one point. The GLA was all of this?
Filippo
Yes, it was the Infiniti QX35 Mercedes Benz.
Doug
Just trying to get out of any obligation to these vehicles.
Filippo
I think the Mercedes developed that vehicle incredibly.
Doug
I think they did too. But you get my point, right?
Filippo
30. That was a hatchback.
Doug
I don't think there was a hatchback.
Filippo
No, there wasn't. But that would have been it if.
Doug
Well, that's interesting. You know, I always found it unusual. These automakers seem like they're such adversaries. I always found it unusual that at one point that 10 speed automatic went into both Fords and General Motors.
Filippo
Still do.
Doug
Yeah. And like that was to me, that was like the beginning of my realization as a child. This happened maybe five years ago.
Filippo
That child that you were.
Doug
That maybe they don't hate each other like we thought they did. You know what I mean?
Filippo
Maybe it's just business.
Doug
Maybe the multinationals are just kind of doing their thing and we're all down here fighting the fight on the streets to get the takeovers. Do you know what I'm saying?
Kenan
I think that's absolutely true. And honestly in our conversation with rj, he was talking about how the CEO do all talk to one another, they're pals.
Doug
And I'm over here and I got a decal on my RAM of Calvin peeing on a Ford logo. And, and then, but then I realize they all like each other.
Kenan
That's a great reference. But it is interesting, especially as a die hard BMW fan who grew up kind of with a slight against Mercedes Benz.
Filippo
Wow.
Kenan
It does make, it makes sense from your perspective like you said. And this is going to be a short lived thing anyway.
Doug
Maybe it says this thing also says the companies could work together on a shared engine plant in the US as well. Mercedes and BMW. The problem is you've got this economies of scale situation. This is why I'm absolutely convinced that the supercars of today are going to be considered rare by the standards of the future. Because economies of scale has become such a big thing that a 300 unit production run is over. Like a 3000 unit production run is now considered to be like incredibly rare by today's standards. Mercedes and BMW are making engines together. What has happened to our world, Kenan?
Filippo
I don't know.
Kenan
It's been turned upside down.
Doug
Imagine if there was an E class that was driving around with your S62.
Filippo
Oh, and a manual.
Kenan
And a manual.
Doug
No.
Filippo
Yeah.
Doug
It would be an Alpena situation.
Filippo
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Doug
All right, give us the next news story.
Kenan
McLaren. So we, a couple weeks ago, I guess it was a month, over a month ago now, we talked about this McLaren collection that Tom Hartley Jr. Was selling. It was basically every special McLaren was owned by one guy. He ordered them all new. I believe they all had the same serial number from memory service.
Doug
They were all orange. I'll tell you that.
Kenan
They're all orange. And there's only one desirable one and it's the F1 in the movie.
Doug
Well, that's not. Wait a minute. The Senn. Cool. That is just bad.
Kenan
That's bad. That's not orange.
Doug
That's the worst thing I've ever seen in my life. Quite poor. There's also some sort of poorly modded MP4, but anyway.
Kenan
Right, right. Regardless, they all sold to one individual. Now, the amount hasn't been disclosed and it hasn't been disclosed to, but we all suspected that they would probably go to one person so they wouldn't break up the collection. That's exactly what has occurred.
Doug
Can I ask you a question? Do you think Tom Hartley is one of like the premier sellers of incredibly high end car?
Kenan
Yep. In the UK there are. It seems to be a European thing specifically where there are like very high end dealers. He's one of them. Without question.
Doug
Tom Hartley is an absolute G. Tom, if you're watching, you're a G. We saw you driving that 275 GTB in the, in the Tour de Gans. Killing it. But anyway, do you think, given that these things sold in a matter of weeks, do you think he regrets running out the racetrack for the photo? Probably cost some money. Cost a lot. Do you think like he could have just kind of put him in a car park? Yeah, that's what they say.
Kenan
Right. They do like the work and, and.
Doug
Just kind of made it happen.
Filippo
Yeah.
Doug
You know what I mean?
Filippo
Yeah.
Kenan
But this is probably cool.
Doug
Had like, a Skoda.
Filippo
He got a couple laps. Well, I think he wanted that experience. And therefore you do a business reason to find a business reason to go there.
Doug
It's one of the great photos also, let's be honest.
Kenan
Storage facility where the cars are kept probably wasn't that far from the racetrack. And so, well, that's relatively easy to get them there.
Doug
You get my point, though. The things just sold like that. Anyway, they all went to one person who now has new McLaren F1. A lot of McLaren F1's trading hands. There was the one in Monterey. There's this one I heard about. Another one.
Kenan
Yes, there was a third one. It is interesting. They do seem to be trading hands more publicly. Not publicly, I guess, but more visibly. Because normally these cars traded hands behind closed doors. They go to the same 200 people in the world who have that kind of money.
Doug
I also sincerely believe that a lot of McLaren F1 sold to people who were not that rich, who paid a million bucks. But it wasn't like. And now suddenly their car is, like, half their net worth. They're like, I gotta get out of this thing. Like, that happened with GTOs a lot throughout the years. Yeah, sure, 250 GTOs. And I bet that's happening in some cases in these cars. People are like, gotta assume it's worth 25 mil. I can't really drive it anymore.
Kenan
Like, to be clear, that's not the case with this one. The guy who owned these passed away and his family didn't want the cars, understandably. And so they got rid of. Got rid of them.
Doug
What would you do if you're the family who inherits this collection? Well, I mean, it's like, I got an orange 720s.
Kenan
Well, they're all orange. Never driven.
Doug
Most of them were never driven. It said, like, of the however many, there were 39 or whatever.
Kenan
Like.
Doug
Oh, no, it's 19 McLarens, 17 of which were never driven.
Filippo
Wow. Yeah. Which two were, you think?
Doug
I think the F1. I think the old ones were driven. They probably the F1. And I bet he did a couple laps in whatever this is.
Kenan
No.
Doug
How do you know? I think.
Kenan
No, I think that's a 650s. I can't tell.
Filippo
Yeah. Okay.
Doug
I'll tell you what.
Kenan
Which is not a.
Doug
What is the difference between that car and that car, aside from the wheels?
Kenan
I'll tell you what. It's not the engine. It's the same engine.
Doug
These cars all have the same engine, except for one.
Kenan
Except for the V12. That's right.
Doug
But it's kind of nice, though, because you got a spare on hand, you know?
Kenan
Right.
Doug
Your turbocharger blows in your speed till you pop with your saber.
Kenan
It's pretty likely.
Doug
All right, that's an interesting story. Move on to the next one. Else we got.
Filippo
Oh, Porsche. Interesting story.
Doug
Oh, you think this is interesting? No, we're not confirmed on this.
Kenan
You'd think that it's my story, but it isn't.
Filippo
A gentleman named Oliver Bloom has been the CEO of Porsche since 2015. Since 2022, he's also been the CEO of the Volkswagen Group.
Doug
Yeah.
Kenan
He's CEO of two companies at the.
Filippo
Same time that are both publicly traded companies.
Doug
It's like that fella, little Marco Rubio, who does all sorts of stuff in the government. He's. He's the Secretary of State and he. He does all sorts of things now.
Filippo
Huh. There have been Porsche shareholders specifically, that are a little upset by it because they believe that it is impacting Porsche's stock price to not have a dedicated CEO and that also he can't focus fully on Volkswagen's problems and Porsche problems successfully. So there are rumors, but that I seem fairly confirmed, that Porsche is starting a search for a new standalone CEO that will not also be the CEO of Volkswagen.
Doug
Porsche's had a tough time lately. It doesn't look like that from the outside because you see them. There's people driving their GT3s and doing burnouts in Monterey. But Porsche's had a lot of problems selling cars in China. EVs have been a huge hit to their business. No one's buying Macan, EV or Taycan anymore.
Filippo
Profits were down 90% in Q2.
Doug
Huge decline in profits. I'm reading here that Porsche stock shares are down 45% since 22, which is significant because the market's probably up 60% since 22. So that's a really big delta. And of course, tariffs. That doesn't make sense.
Filippo
Like, period.
Kenan
Porsche is the first major setback they've had since the recession when people weren't buying stocks.
Doug
I mean, what is a setback?
Kenan
There's still 90% drop in sales, is.
Filippo
No. No. 90% drop in profit.
Kenan
Oh, Prof. Profits. Okay.
Filippo
And there was also that time that that ship sank that had all the Porsches, including Matt Ferris. That happens a lot, though. That does.
Doug
Remember when that happened to Mazda?
Filippo
Yeah.
Doug
You Google, there's pictures of Mazdas upside down. And you know what happens to all those cars?
Filippo
I hope they were all cx 70s.
Doug
It was like. Yeah, it Was like. No, no, it was years ago.
Filippo
I know, but they could CX7.
Doug
CX7. You know what happens to all those cars? They destroy them all.
Filippo
Sure.
Doug
Cuz you were upside down on a ship. You were. Some of the cars weren't underwater. Like some of those cars probably good to go. They destroy them all.
Filippo
They have to.
Doug
Or maybe they send them to Eastern.
Kenan
Europe, but same thing.
Doug
No. My God. Okay, so Portia, it will be interesting. It's obviously clear. It was clear from the beginning that it would be better to have someone who was specifically focused on each brain individually. It is surprising that the Germans would allow things to get to this point. However, I've learned with the Germans, when they find somebody they believe is competent, they put enormous amounts of pressure on that individual to deliver. And sometimes he does.
Filippo
Sometimes. You know, like Frederick Pike.
Doug
There was a time when Porsche had a American CEO.
Filippo
What was his name?
Doug
Howard Schultz.
Filippo
That, that's. That's the CEO of Starbucks or what? Or the founder of Starbucks.
Kenan
Working with such certain.
Doug
No, it was that Porsche had an American CEO. Peter. Peter Schutz was his name.
Filippo
Oh wow.
Doug
Howard Schultz is the Starbucks guy. That's where it came from. He's also American. Peter Schutz. And, and, and you know what he did? He drew the line on the wall. You don't know the story.
Filippo
No, please.
Doug
Story is he was in a room meeting high level product strategy planning. You don't know the story. Seriously. And the plan in the late 70s, in the early 80s, was that the 911 would be, would end and the 928 would replace it because it was front engine V8. It was kind of where sports cars were going at that time in the 70s. But like corporate, you know the story, right? Corporate morale was down at Porsche because everybody. The 911 had been in production for 20 years. It was beloved, but it was old. And the fate behemoth's story is there's a board on his wall. Peter Schutz, there's a board on the wall in his office. And it's got the lines where all the cars end. Like 911 ends here. 928 goes like this. And then there's future product here. And he walks up, he picks up a marker. They're all talking, but he picks up a marker and he walks up to the line for the 911 and he draws it off the wall, off the board and onto his wall in his office and continues the 9 11.
Filippo
That today would be a great LinkedIn post.
Kenan
God, Filippo is so corporate.
Doug
He's exactly right. That is exactly what people would say.
Filippo
Friday afternoon there'll be a lot of LinkedIn posts that are variations of that.
Doug
I have a friend who actually met Peter Schutz and he asked him about that story and Peter Schutz insisted that it was true. All right, do we have any more news?
Kenan
Yes, now we're getting to what you really want to do.
Doug
Wait, there was people in the pool? Yes.
Kenan
So what? Rolls Royce, to celebrate 100 years of the Phantom. The Phantom nameplate decided that they were going to do something that Rockstar have done in the past and they were going to put a Rolls Royce in a pool.
Filippo
Rock stars have done that primarily on drugs, Right, Exactly.
Kenan
Rolls Royce fame, esteemed, you know, the epitome of class and culture and taste, decided to do something that. Yeah, drug fueled rock stars. Okay, very interesting choice. Now, Millie, when I saw they have put out a ton of pictures on social media of this. They all look like AI to me. And so I was very skeptical. But I found, I found pictures of them.
Doug
So they destroyed the car.
Kenan
Well, so it was a pre production car that had to be destroyed anyway.
Doug
Okay, got it.
Kenan
And so it's not like they produced one for this specifically built a platform that it sat on so it wasn't just like rolling around in the pool. But people then went and swam this Phantom in a pool but you don't.
Doug
Want to swim in. I mean, isn't there fluid draining it? Like, doesn't this pool have to be treated?
Kenan
I think they drained all of it. I mean, yeah, I'm sure. Then the pool has to be cleaned and everything.
Doug
Where is this pool? This is a giant pool.
Kenan
It's a pool in England, evidenced by the people who are really taking in the sun. They see it three times a year.
Doug
Keith Moon drove a Rolls Royce into a swimming pool in Flint, Michigan. Allegedly, that's where the water problems in Flint began. It was when his Rolls Royce went into the swimming pool. Look at that. Look into that.
Kenan
The water has not been drinkable for a long time. No. Allegedly that story seems to be more. There's no like, there's like photos of it.
Doug
But regardless.
Kenan
But it seems like very possible.
Doug
But what I didn't realize and I'm looking at a lot of pictures and this is the only one I can see like this. There were people hanging out in the pool. I don't buy it.
Filippo
Now the people look photoshopped.
Doug
You think the people are fake?
Kenan
Every angle of it looks photoshopped.
Doug
You do have an unusual variety of Folks, that doesn't seem right. Like you have kids playing ball. This guy's doing like a disc distant swim. That guy's just sitting in a rat like I don't know. I'm not so sure.
Filippo
Not confident here. Also there's a fountain that might be real.
Doug
I look at another pictures in the fat. There's a fountain.
Kenan
Yeah.
Doug
This is a hard hitting news.
Filippo
This is.
Kenan
This is what you come to the car to this whatever we're called.
Filippo
Yeah.
Kenan
That's what you come to us for.
Doug
You come and see.
Kenan
But I'll tell you what. A Rolls Royce and a swimming pool.
Doug
You think that guy got in the pool? He's the go. Go to the next slide.
Kenan
There he is.
Doug
That's him.
Kenan
That's him.
Doug
They said all the workers there are. All right, put on your swim trunks once again.
Filippo
Sometimes you want to have a pool day with your company and you find a marketing reason to do it.
Doug
That's so true right off.
Kenan
Especially I like to drain the pool like it's Caddyshack.
Doug
All right, is that our final news story? Because I got a lot. We got to move on to the talk cars segment which is sponsored by Taylor Swift and Travis Kelce getting married. Really? Yeah. They are sponsoring this.
Filippo
That's so nice of them.
Doug
They wanted to make sure people knew and like kind of get the word out and obviously we have a big reach. Okay, the talk car segment. I want to start by talking about 2024 Toyota Sequoia.
Filippo
You do you? Yeah. Wow.
Doug
I took it in for service.
Filippo
Congratulations. I'm proud of you.
Doug
Yeah. At your dealership yearly over here.
Filippo
Last year I went with you in a Volkswagen bus.
Kenan
That's a great story. What does it need?
Doug
Did you. Yeah, well, I went over there and what it needed was a light had illuminated on the dashboard that said service recommended.
Filippo
Oh, yeah.
Doug
And that's. That's good for me because if it hadn't illuminated, I never would have serviced it because I. That's the level at which I'm interested.
Kenan
Some of us call them idiot lights, but you know.
Doug
Yeah. Well, that's good. So anyway, took it in and you know what happened? The most amazing thing happened to me. There was a fellow named Adam there at the dealership who was my service technician, my service writer. And he brings me in and I'm all like, oh God, this is gonna be a big one.
Filippo
Right.
Doug
And he says this service is free. Really?
Filippo
Yeah. Because of ToyotaCare.
Doug
I guess I have something where the.
Filippo
Services are free for three years. Yeah.
Doug
And it's Good that I took it to the dealer. Cause I wasn't gon.
Filippo
Wow. You would have to spend $100 at a different.
Doug
Here's what he told me, though. He said the next service is free only if I do it before 25,000 miles or before March of 26.
Filippo
Oh, so you're.
Doug
There's no concern about the 25,000 miles. The car is 17,500 on it now. By March it'll have 17 6.
Filippo
Yeah. But you won't need service again because it will have driven 100 miles.
Doug
I'm curious if they would pay for another oil change.
Filippo
Yeah, they would.
Doug
I don't know.
Filippo
Time.
Doug
I think you only get two oil changes within that. Within that first couple years of ownership. You know what I'm saying?
Filippo
But was the last one part of Toyota care?
Doug
I could have sworn also that I paid for the first one.
Filippo
They actually only give you the second one for free.
Doug
Anyways, I got this Sequoia now and it's doing its thing. I gotta tell you, Filippo, I can't explain to you how often I think about getting an LX 700H over trail. Yeah.
Filippo
So you had that car as a press car. Yeah. Nine months ago.
Doug
Yeah.
Filippo
And you. At the time, we looked deep at whether there were deals on 700 HS and there were not.
Doug
They had just come out.
Filippo
Are the deals now?
Doug
They've been out for a while. And so I looked and I look often and I looked and here's what I discovered. Carlsbad. Lexus has one.
Filippo
Wow.
Doug
Really? And they're offering a few grand off. However. However, there's also stuff on it like VIN etching and door go.
Filippo
You want to call and negotiate.
Doug
It's like 117,000. Yeah. If you can get that down to it's 117 sticker or one 20 sticker. They're offering 117 if you can get it down to 83. I'm a buyer today.
Filippo
Wow.
Doug
Today.
Filippo
I don't think I can do that.
Kenan
Filippo's fame negotiation let me right smack dab in the middle of asking.
Doug
And then even still, I won't get the car. That's the great story about that story. After he went back and forth negotiating with that dealer the whole day and we agreed to meet at their asking price. I ended up not getting the car.
Filippo
You then found a different one. I got you the deal. And then they sold the car to somebody else. I don't remember what happened. Something like that.
Doug
You got me the deal. All right.
Filippo
There was a nice, nice GMC dealership in Utah that also helped me out and they that went down a grand.
Doug
So well, I only wanted a CPO one I thought we were only talking to. Anyway, the point is the Sequoia has been served, is ready for its next adventure.
Filippo
I'm so excited for it to have an adventure again next June.
Kenan
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Doug
Absolutely.
Filippo
Yep.
Doug
Okay, Filippo, give us your car.
Filippo
Yeah. All right, so about two months ago, thanks to our friends at Expel Expel, my GTI has better tint. So when I bought the gti, I had really dark tint, way too dark. I got pulled over once for how dark the tint was and it had like a dark strip at the top of the windshield.
Doug
Oh, you didn't like that?
Filippo
Didn't love that. Thanks to xpel, I now have have and protective film solutions in Santa Ana that did the work. I now have like a UV protective less dark tint on every window. And we've been driving Arizona a lot in the GTI and like it felt like, okay, this is less hot than usual. But this last weekend I drove to Arizona in my station wagon which just has like the regular tint that Mercedes put on it and it was really, really hot. Yeah, like the sun driving through the desert has an impact and I was surprised.
Doug
The XPEL that you have is it just clear and it. But it repels windshield is.
Filippo
Is effectively clear. But it's UV protective and the sides are some percent that I don't remember.
Doug
But it does a good job.
Filippo
It does a stunningly good job.
Doug
You ever driven to Arizona in the summer?
Filippo
No. It's hot.
Kenan
Why would I want to do that?
Doug
It's wild.
Kenan
I understand it gets hot. It's interesting that you point. So I also had mine done not with Expo. I had something else done and it is. It makes it. I had tint on my car and it was much older. But now like heat rejection technology from a number of manufacturers is so good.
Filippo
I didn't believe it.
Kenan
It really makes a difference. But it does require you to be like. When I drove to Monter, Monreal was kind of out in central California. It was 103 degrees. Not quite like Arizona, but like the sun. It makes a huge difference to have that on.
Doug
So you're surprising.
Kenan
You're cruising.
Doug
You're cruising around with this expel. Is. This is expel sponsoring us? They.
Filippo
They sponsored the. The.
Doug
You got free expel.
Filippo
Free expel.
Doug
Did I get it?
Filippo
We could have talked about that.
Doug
But damn.
Kenan
And you guys bought it for me for a birthday present along with some of our other friends. So you're going.
Filippo
I know I could have saved money.
Doug
So. So you're going out there and it's keeping you cool.
Filippo
It is doing us.
Doug
I was.
Filippo
I've kind of just assumed that tint was tint.
Kenan
Yeah.
Filippo
And my station wagon has tint. It's 12 years old and not that dark. But I assume it was just tint. But it turns out that it's improved technology has done. It has. It has. I've. And when I first got it and drove to Arizona, I thought, oh, it's a little bit cooler. But like. No, it makes a real, real difference.
Kenan
Yeah, absolutely it does.
Filippo
So thanks. Expel and protect the film solutions.
Doug
So he's driving around the free tint. This is a what a Filippo dream to happen to our situation. I know he's some free tint.
Kenan
He likes the perks.
Doug
You know, I don't really have a car I would put the tin on. But I like some free tint nonetheless.
Filippo
Less. Right.
Doug
Okay. Well, congratulations Filipo, because you deserve it the most because of your frequent trips to Arizona.
Filippo
Thank you. I. It is. There were many days where we would drive 40 minutes and the wagon would not actively get cool. Like it would be Cooler, but it would not be cool. And maybe I should tint that too.
Doug
Maybe expel can hook you up with another freebie there.
Filippo
Maybe.
Doug
Why'd you take the station wagon last time and not the. The.
Filippo
We had a lot of things car so we need it to fit about.
Doug
But you had all the gta. GTI can fit a lot of stuff.
Filippo
Can fit more.
Kenan
He's also done with the gti.
Filippo
No, I love the gti. I'm done with the wagon. But that's a different.
Doug
Oh my God.
Kenan
Oh my God.
Filippo
The wagon's great too. But I'm tired of.
Doug
He's done with all his cars simultaneously done with them and never wants to do anything else.
Kenan
Just be on a bicycle.
Filippo
I really want to lease a new EV because lease deals are phenomenal. And then buy something fun like a prologue. A good new ev. No, the prologue is good.
Doug
A prologue way I would.
Filippo
There's nothing that would compel me to. I. I don't need the badge. So I'll buy. I'll lease a Blazer.
Kenan
What about getting a pre owned Rivian?
Filippo
Too expensive and doesn't take advantage of.
Doug
Yeah, the thing about one of the reasons the evs depreciate so fast is because the lease deals are so good that like the pre owned stuff is like kind of hard to make sense.
Filippo
It makes sense relative to buying a new Rivian. Name a number, you know.
Doug
Okay, I gotta. I got two more cars. Things that I desperately want to talk about. One of them is Honda. We got to talk about Honda.
Filippo
Honda.
Doug
We gotta talk about another one though. Something that hit me that I wanted to bring up last week. We had a conversation about subscription service. Yeah, for horsepower.
Filippo
People did not like my tape.
Doug
People hate it. Felipe was like, I'm into subscription for horsepower. And people like, you're the worst person ever.
Kenan
I agree with the people. I hate the idea.
Doug
I generally agree with the people. However, I was thinking of this as an example of how capitalism has really like got like we are the way we are because we've learned this like the. The way that capitalism has made us spend money. Okay, let me give you an example. Likes of Z. This is just the first one came in my mind today when I was on the elevator. Lexus is 250 and Lexus is 350, right?
Filippo
Yeah.
Doug
It doesn't cost Lexus anymore to build the 350 than it does a 250. Okay. Like let's be honest, like that three. There's a slightly more material I guess in the bigger engine, but like we're talking about 100 bucks a car maybe.
Filippo
Right.
Doug
But there's like an eight grand price difference.
Filippo
Right.
Doug
And so people like, but I paid for the car. I want the whole car. Well, but like a lot of times you are paying for, or you're paying more for what is ultimately something that you could have had. But the automaker is gatekeeping it behind a paywall. But in that case, the people are fine with it.
Filippo
Right.
Doug
And if you really think about that is 250 is 350 example. Especially like you own the car five years, you paid eight grand more, you sell it, you maybe get three grand back. Like there was actually a monthly cost. But in your mind you own it. In your mind, you have it. Right?
Filippo
Yep.
Kenan
I think it was. I think it was Jeremy Clarkson made this. Or it was James he was talking about. It was James who's talking about the Ferrari F430. Like when they came out with the Scuderia, it's like the Scooteria is as good as of a car as they could have made. Why didn't they just make the normal car as good as that?
Doug
Now they're always doing this. And so I think that the. And honestly, people don't seem to have a problem with it when it isn't per month.
Filippo
Right.
Doug
They just seem to have a problem that it's per month. But like, you could argue. And, and also I was still trying to think, and by the way, I don't support the per month subscription thing for a lot of reasons.
Kenan
Yeah.
Doug
But nonetheless, like, we are tuned in our minds to be like, oh, it's totally okay that lexus charges me eight grand more for the 350 that cost them the same to make.
Filippo
Every 911 that's not a special one has the same three liter, twin turbocharged flat ties.
Doug
Every single.
Kenan
Every McLaren, even the special every McLaren.
Doug
Every AMG doesn't cost them that much.
Filippo
More to make a GTS compared to the. Whatever.
Doug
There's a lot of that. It's. It's interesting. But it's interesting because people are totally okay with that.
Filippo
Yeah.
Doug
And in some cases there's literally. I mean, the is. Is a good example because there, there's not even suspension diff. Like it's the same thing.
Filippo
Right.
Doug
But there are other examples of that. People chill with that. But the moment you put it behind a subscription. Now the, the real dream of the subscription model is that the car is cheaper to buy and you only subscribe to the features you want, which I think would be actually beneficial. To consumer. But we all know that would never happen.
Filippo
No, unfortunately.
Doug
Corporations, 3D corporations, not cars and bids, for God's sake. We're altruistic.
Filippo
We are. You know, we don't talk about nearly enough. During COVID every automaker, but especially gm, just decided that they weren't going to ship cars with like heated seats. And if you look at the window circuit for car shows at that time, it said like, no heated seats minus 400. But you couldn't order without heated seats. So even if you don't want them, you have to spend that $400. And now if you did want it, you had no, no choice but like, they're doing that in their packaging. But they got away with it.
Doug
They got away with it just taking away the heated seats. And so if you lived in the south, you didn't want them. You. But they, they don't allow that. But suddenly when they had to do it that way, they were like, yep, no problem.
Filippo
And apparently it was worth $400.
Doug
That is an interesting point.
Filippo
Yeah.
Doug
Okay, I want to talk about this Honda and then I want to talk about Ken's situation in Chicago. Honda. I got the passport right now. That's why I came up.
Filippo
You remember when they held that up from a.
Doug
They held it up. Three of them.
Filippo
Three of them.
Doug
And I got the passport right now. And I am so disappointed in Honda. Really? Yeah. Because Honda makes six core products. They make the incredibly successful, popular, great vehicles.
Filippo
Name them.
Doug
Hv, cr, V, Pilot, Odyssey, Accord, Civic. Right. Those are the big six.
Filippo
Odyssey hasn't been redesigned since 2015.
Doug
Yeah. But it's a huge seller. Absolute killer car. All six of those cars are absolutely absolute killers.
Kenan
Yeah.
Doug
Like there is not one person in the world who shouldn't be driving one of those six cars. Unless you have any interest in automobiles and then you shouldn't be driving one of those six cars. No, the CTR is cool. But anyway, other than that, Honda is so afraid. They're so terrified to do anything.
Filippo
Well, you remember the Ridgeline. You didn't even mention that they sell it.
Doug
Yeah, but that's, that's an example of what I'm talking about when I was a child. All right, Honda was the first hybrid. Honda came out with a mid engine supercar to rival Ferrari. Honda was the first that came out with that blind spot camera, which by the way, they discontinued just as everybody else started coming out with it.
Filippo
Yep.
Doug
And now Honda comes out with this. The reason I bring this up is this passport is over here. And it is such a Cop out. It is such an utter cop out to this segment. And I was giving him the sales numbers before. Do you know can take a guess as to how many Toyota 4 runners are sold every year in the United States?
Kenan
An innumerable amount. All of them.
Doug
Genuinely I can't imagine on average 130,000 four runners 120,000 Broncos, 200,000 Wranglers.
Filippo
Wow.
Doug
And passports 40,000.
Filippo
Wow.
Doug
And I asked the guy why don't you just go body on frame and go locking diff and do the thing that is so popular. And he said we wanted to provide a more balanced experience for the customer. And I said the customer doesn't want a balanced experience. They're going out there buying all these trash cars that ride terribly. Go make a car. And Honda especially is a company that makes all these power Sports, right. These ATVs, these side by sides like that's a Honda hallmark. And it would be so obvious for them to graduate into this world. And they're just afraid. They're afraid of anything. The Prelude is automatic. They're afraid of like really going out there.
Filippo
I think they are afraid of that. I think that they would also say that the new passport is styled to look more aggressive and that that will style that way. That that what consumers actually want is something that looks like that. But it drives better.
Doug
But, but, but the numbers prove that not what they want.
Filippo
Passport has been for sale for a month. The that's last generation passport which we all agree with. Mediocre.
Kenan
No.
Doug
Honda wouldn't have agreed at that. They were trying to sell that car and they pitched it even then as the off road alternative.
Filippo
More off road than the old Passport.
Doug
Well you know what? We care to make a little wager.
Filippo
No, I don't think it's just easy.
Kenan
To add this to my calendar. We can circle back in a year.
Doug
Don't get it. Like I. I know that it's hard to develop a body on frame platform and do the locker thing. But 4Runner has been out there in the time that Honda's been kind of screwing around with not doing this Forerunner has sold over a million units in the United States. It is not easy to sell a million of anything. And since 15 foreigners probably sold 13 1.4 million cars in the United States. And Honda comes out same generation too with this pilot base. Yeah. Same gen. Not much work there.
Filippo
Yeah.
Doug
Where is the Honda of yesteryear?
Filippo
It's worth noting that Honda has never made a body on frame vehicle. The one that they have sold two.
Doug
You know they are the Passport and the Crossroads.
Filippo
The old Passport and the slx, which were Rodeo Crossroads, Trooper. I do. But that wasn't sold in the U.S.
Doug
For the record, rebadge the Land Rover.
Filippo
Discovery as the Honda Crossroads, but they never made one. Maybe they don't want to.
Doug
They didn't make a V6 until they did. They didn't make a turbo until they did.
Filippo
How did that work out for them?
Doug
Well, what do you mean? They get V6s in the pilot.
Filippo
Every single V6 was made when they first came out with it was mated to a 4ft automatic that had since been failure 28 days later.
Doug
You're missing the point. You're missing the point.
Filippo
Accurate.
Doug
The point is they don't make anything until they do. They didn't have turbo until they did. They didn't have electric until they did. That's true. That's true.
Filippo
I don't blame them for not going down that road, but I don't think they're going to find the success with the password that they want.
Doug
The market is. Well, I think their true argument would be this is a lot easier. You just take a pilot, make it smaller and you kind of try to convince people it's a marketing part.
Filippo
Way easier.
Doug
But people don't buy cheaper. Like they literally don't buy it. But also they don't buy it. They realize that they're being lied.
Filippo
But if they sell 60,000, okay, you're halfway to a Bronco without any of the developing cost.
Doug
It's not none of the development costs.
Filippo
With a small fraction of the development cost.
Doug
Yeah, but you got to also consider, you know, what, what is the transaction price on that versus Bronco. Bronco had three years where they were over sticker.
Filippo
Right.
Doug
And resale is still crazy and everybody's still super into it.
Filippo
But then they'd have to like build like a little mountain inside their dealerships. They don't have room for that.
Doug
You know what they would really have to do is build a truck. Like the, the, the, the genesis of all of this is that Honda just doesn't want to build a real pickup truck. But if they would just compete. And, and by the way, we could Tacoma sales here also. And that also wouldn't look pretty if they would have just 10 years ago committed to competing with the Tacoma. They could have a 4 runner competitor and a credible Tacoma competitor and they'd have two more in their core six. I agree that sold massive numbers, but they're just too scared. They're like, they're like Filippo at 40 all, you know, he's like afraid of making a dress for context.
Kenan
I've seen that happen.
Filippo
In 2024, Honda sold 41,000 Ridgeline lines.
Doug
Yeah. How many Tacomas they sell in 24?
Filippo
192,000. Jesus. Five times as many.
Doug
It's five to one.
Kenan
That is crazy.
Doug
That is five to one. Just so Honda can save money on the platform. It's like, okay, but if you had done this 10 years ago, it's like the company that always rents their space instead of buying it and then 30 years in the future they look back and they're like, you know, this is exactly that. If they had just developed the platform when this was starting to become hot, they would have two more really successful products. Right?
Filippo
Yeah. Now I will say Nissan sold more more frontiers than Ridgelines, which is tough position to be it.
Doug
The best time to plant a tree yesterday is yesterday. The second best time is today.
Kenan
Wow, how beautiful.
Doug
The best time to develop a midsize body on frame truck SUV architecture is yesterday. A decade ago.
Filippo
Right.
Doug
Screw the tree. Today that market is not changing. And Honda, I think with that car the passport is still sitting there thinking we're not sure.
Filippo
I am sure innovated in any way in 20 years.
Doug
You know, I don't.
Filippo
Which is a. But isn't wrong.
Doug
There's a lot of great stuff on that car.
Filippo
Innovative though.
Doug
The transmission selector is those buttons and.
Filippo
Which they've been doing since the they that went into the acura RLX in 2017.
Kenan
Switches have existed since the 50s. But I mean whatever that.
Filippo
That specific design has been in use for a while.
Kenan
Right, right, right.
Doug
I will say there's some clever stuff in that car. You know, there's no hump in the set center.
Filippo
Good.
Doug
Which is pretty hard to do.
Filippo
My family had a 2003 Honda Pilot. No hump in the center.
Doug
Yeah, I mean that's. But that's good packaging.
Filippo
Yeah, that was 20 years ago.
Doug
Well, the point is they continue to be good. I've been in cars.
Filippo
I'm taking that back. The Honda fits packaging was innovative and excellent. And that which they developed for the Japanese market in like 2004. Oh wait, no, that was 20 years ago. Never mind.
Doug
All right, my point is my. Okay, fine. But that's why people buy Hondas. And honestly I think that trust me trait of just durable stuff that you already know is exactly what people are looking for. A body on frame suv.
Filippo
Yeah, true.
Doug
And Honda has the brand rep to do it if Chevy. If Chevy did it with a Blazer, maybe they get it. If Hyundai tried it, people be like, eh. But if Honda with all their power sports and all their durability rep went out there with a 4Runner rival, it would sell.
Filippo
Yep. I 100% agree.
Kenan
Got to be called something other than the passport though. That feels very weak. Name wise.
Filippo
If Toshihiromibe is listening. The CEO of Honda Motor Company company, as you know.
Doug
Yeah.
Filippo
Hopefully he will make that directive to his team.
Doug
I just deeply believe it.
Filippo
You're right.
Doug
I mean I've always been right. I've always said all these manufacturers need a G Wagon competitor. I've been saying this years. I have a video from this now private on the old, on the old channel for like 10 years ago talking about how everybody needs a G Wagon competitor and suddenly we're seeing some interesting things happening. BMW is now saying they want one. Lexus is Alex ified the world. I, I think that everybody started the Telluride, became boxy, et cetera, et cetera. The Bronco show.
Filippo
Toyota sells 30 trillion SUVs, period. A lot of which are offered and.
Doug
They don't have competition. You gotta also be, if you're Toyota, you gotta also be sitting there going, I don't know why these guys don't compete with us. It reminds me of when I started on YouTube and road and track and car and driver wouldn't create a YouTube channel. And it was so clear that there was a huge revenue opportunity there. And they were just like, no, we're gonna sit this out. We don't believe in that medium. And then it all passed them by.
Filippo
I thought I was pretty good about finding deals. Then I started using Upside and now I realized that I was leaving money the table every single day. Gas, groceries, eating out. Upside gives you cash back on all of it. It's stupid simple. Download the free app, claim your offer, pay as usual and get paid. There are over 100,000 locations on upside. So no matter where I am, I can open the app and find a spot nearby to earn. I've paid for an entire weekend of dining out just with the cash back I've racked up over a few months. You can earn an average of 8% back on groceries and restaurants. And the best part, you can stack it on top of your existing credit or debit rewards. That's why Upside users are earning hundreds a year and why it's sitting at 4.8 stars on the app Store. You can download the free Upside app and use promo code cars to get an extra 25 cents back for Every gallon on your first tank of gas. That's an extra 25 cents back for every gallon on your first tank of gas. Using promo code Cars.
Doug
Ken. And tell us about Chicago.
Kenan
Yes. Things that have not passed us by. So we do you Cars and Bids have been doing a lot more events recently which has been a lot of fun. We have an event.
Doug
How do you go to it?
Kenan
You go to cars. So it's carsandbids.com events or at the very top there is an event in the header. It's in the header. I'm glad you pay attention to the website now.
Doug
Wow. I love events.
Kenan
So we also have some retro. So we have some stuff that we've done in the past. We recap what happened at the event. So most recently the Cars and Bids team last weekend and I went to checked it out 25 which was a. A Porsche based event in Chicago. They set it up in this really cool part of the west loop and it was just Porsches, Porsches absolutely everywhere.
Doug
What was your favorite?
Kenan
Well, God, was there. Carrera GT was there. Of course. There it is. It was black. It was 05. You may have heard of it. No, that one was an 05. But. But there were. I mean when I say everything Porsche showed up, I mean everything Porsche showed up from a 914 to a chopped Cayenne to the Carrera GT. I mean to a 917. Like everything was there. I believe the 917 was a wrap. But we also had a local artist paint this Porsche 997 hood which we then raffled off to somebody who was in the islands and won. Awesome. And it's now hanging on their walls. Remember, this is our little bit.
Doug
Or they put it on their 997.
Filippo
Or that'd be cooler.
Doug
987 interchangeable.
Kenan
She did not. Really congratulations to Elizabeth. Is that a fact? But it was a really great event. So many people came up to us and the number one thing I was. Well, the number one thing we were asked was where you were. But the second thing we were asked was are you guys going to do more events? And the answer is yes, we're doing an event with imsa. We did one recently which you and I went to at Road America. We're doing another one at Petit Lel Road, Atlanta, which I'm very excited about in October. And we will be there doing a. The. We're going to do a huge cars and coffee event.
Filippo
Very cool.
Kenan
But nonetheless, for those who came to see us in the Midwest at Chicago A I'm very sorry I didn't mention on the podcast I completely forgot to do.
Filippo
Oh yeah, I knew you were going.
Kenan
I forgot Sean was and we all did. But yeah, Sean I'm sure was holding his head in disbelief. But nonetheless, for everybody who came and said hello, thank you very much for doing so, I had a great time getting to spend time with people talk about cars, not just Porsches and it was a really lovely event.
Doug
Do people talk about non Porsches at Porsche events? That's one of the reasons I've never gone to a Porsche event.
Kenan
Yes, they do. Surprisingly. They don't want to just talk about Porsches because they're car enthusiasts and so not everybody.
Doug
Like a friend. People are going to come up to me and start talking to me about your cooling.
Kenan
Well, you're a Porsche guy.
Doug
You know, I'm a Porsche guy apparently. But if someone comes up to me and starts talking about. About air cooling, I have to, you know there.
Kenan
That never happened to me.
Doug
Nobody talked to you about air cooling.
Kenan
Nobody talked to me about air cooling or water cooling.
Filippo
Just. They didn't have to ken out about that. Who would they talk about that?
Doug
Right.
Kenan
That's fair. Watch us. They. We did have a lot of good watch.
Doug
We're gonna do more events. I am excited. I want some events. I'm gonna go to some of these. I don't see any of these that I'm attending in the coming days, but it also doesn't go that far.
Kenan
Well, just keep an eye on the events tab on the on the cars and bid site and you'll see where we're going to be.
Filippo
And I and other people team will be at many and Doug might show up.
Doug
I'll be at some for sure. I I like events but nonetheless flip.
Kenan
And I like meeting the people and people want to see YouTube.
Doug
Any event I can go to in my car I will be at Filippo's. Got to pay to ship my car there. Okay. Personally are we now have to move on to the market report. The market report is brought to you by Filippo's looking at me angrily. It's brought to you by Taylor. No, it's brought to you by cars and biblical carsandbits.com.
Kenan
It'S brought to you by Filippo's disdain.
Filippo
The best place to buy or sell a cool car.
Doug
It's brought to you by Paris Hilton in Traverse City.
Kenan
Right.
Doug
I wonder what she drives around Traverse City.
Filippo
Oh yeah.
Kenan
She's probably driven. I mean driven in an Escalade.
Doug
I don't think there are like drivers waiting to pick up Paris Hilton from the airport in Traverse City. Like, I think you land and, like, go to Avis and pick up, like, a equinox.
Kenan
I don't think Travis, I don't think Paris is going to Travis Hill Avis.
Doug
You know, I, I saw those pictures.
Filippo
You think my Hill Hagerty drives himself around Traverse City?
Doug
Yeah, yeah, yeah. He's into driving.
Filippo
Right. Never stop driving.
Doug
Want to talk market report? Filippo, go ahead and get us started.
Filippo
Yeah. All right. I am not somebody that knows a lot about old cars. So when I see a car like the Lotus Europa, this sounds like I'm.
Doug
Not somebody who knows a lot about old cars, but this one talks about.
Filippo
The Lotus Europa in our lives now, this past week. Yeah. Yes. This is a car that just seems legitimately very cool.
Doug
Yeah.
Filippo
And apparently it's worth 8, 500.
Doug
I can't believe. No, but a lot of them. Pull up your. This isn't the only one we've sold. I'm astonished by.
Filippo
There are old cars that feel. Yeah. I mean, and that race car one, that's impressive.
Doug
Like, there, there are a lot of.
Filippo
Cars that, to me, feel really exotic and special. Yeah. Because I don't know anything about them, but they, they look cool. They're old and they're vintage. They seem really interesting that it turns out, are very accessible from, like, a cost of entry perspective.
Doug
You could if imagine, go back two pictures, imagine you're sitting at Asian paradise.
Filippo
Yeah.
Doug
And a Lotus Europa falls off. That would be pretty cool.
Filippo
And you can do that for $8,500. It just seems these are such a wide world of old cars.
Doug
I agree.
Filippo
And some of them just seem like bargains.
Kenan
You want to know why?
Doug
Yeah. Maybe there's unreliable. That's true of old cars, though. And some old cars sell for a million bucks. This legitimately is a really cool car. When these come to cars of coffee, you'll look at it. Oh, I understand.
Kenan
I love the Lotus Europa. I love old cars. I'm used to pain. I don't think a lot of people, as many people as these cars age, are as into that pain.
Filippo
You learn to become mechanically savvy, probably because you got to do a lot of work.
Kenan
I, I, yeah, I am aware of this already.
Doug
But there are still old cars from this era that are a zillion dollars. This is a lot of cool for the money.
Kenan
I agree. And to be clear, the S1s are worth quite a bit more. The S2s are worth a little bit less. I think that they're really cool cars. They're dramatically underpowered, of course, but it's light. It's light, it's fun, it's an experience.
Filippo
They're great, but they're so cool. So, so much style for $8,500.
Doug
Man.
Kenan
Look at that accordion style boot on.
Doug
That is pretty cool. And the leather wrap. You drive this thing to Asian Paradise.
Kenan
Those Porsche 914 seats.
Doug
Yeah. Is that true?
Kenan
Absolutely, absolutely. Those are without question out of a 914.
Doug
You drive this thing to Asian paradise. You know what, you're in British paradise.
Filippo
Wow.
Doug
Something to think about.
Filippo
Yep. Rainy and damp. By the way. 9:14 is also not all that well.
Doug
Look, the. The port vehicle is a Ridgeline hp.
Filippo
That's right. Honda Performance.
Doug
Oh my God. I take back everything I just said about Honda. This person is an enthusiast of the brand.
Filippo
Just so you know, that might have just been a car also parked at Asia Paradise.
Doug
Look at that.
Kenan
A little air cleaning, a little carb. Yeah, I know, I agree. They're laundering of very cool, accessible vintage cars. People can get into a lot of MGBs old alpha and they're fun.
Doug
I assume it's fun to drive. I've never driven one. I know. Old Alphas are fun to drive and they are affordable.
Kenan
Yeah, yeah, exactly. There you don't have to spend a gazillion dollars to get into an old cool car and. But you will have a really fun, exciting experience. You will have some stories to tell along the way. But it is, they are really fun and. Yeah, I, I agree. I thought about this too when it came through.
Filippo
Just like seems like such a deal.
Kenan
Yeah, it's cool.
Doug
On that subject, let's talk about Miatas.
Filippo
Yeah. All right. We sold a low mile na miata this week. Yeah. For $16,000.
Doug
16.
Filippo
So in 20. 20. 2021. Part of 2022, any miatas were like on the up it up and like the cheapest enemy you could find was ten grand. Yeah, some of that I thought. But like the upper end was like 20. There wasn't a wide range. Worst to best was. Yep. I thought that they had all cooled because the bottom end of the market has kind of cooled a little bit. A rough NA Miata is no longer $10,000. Yeah. But low mileage.
Doug
What is a rough one? Eight.
Filippo
I don't know. What's the lowest price one we've go back 5,400.
Doug
Yeah.
Kenan
But yeah, this is 2025. I mean this was modified.
Filippo
Wow.
Doug
That car is only 51 bucks. Matt, why didn't we Buy that.
Kenan
What salvage title did it have?
Filippo
124,000 miles in Minnesota, but Minnesota.
Doug
So you probably. There might be some issues underneath.
Kenan
Oh yeah, I had an accident too.
Filippo
So like, like they're still like the bottom end has cooled, but the top end of the market is still surprisingly hot.
Doug
$16,000 that, that M Edition, now I will say a relatively low mileage. M Edition final year is. That's a pretty desirable car.
Filippo
But I was surprised to see that because we've sold other late ammunition models. All the emulations were 1997. We've sold other late ones and they're around that same price point even like two or three years ago. So the, the nice part of the market, we sold one for 14 grand a year or two ago. Yeah. Like those are still seemingly going up or at least flat, which is a little surprising.
Doug
Yeah, I mean I think it's. It's the. The case with these has always been inflation pulls them up and also it's just hard to find. Find.
Filippo
Yeah.
Doug
Nice Enemy Miatas.
Filippo
And they're so cool.
Doug
If you want to have that experience. You had it once before, maybe you were younger, you modded one, you ruined it.
Filippo
Whatever.
Doug
You want to just like get into one and enjoy it for a while. This is a pretty cool car and it's just so easy to own and to work on. Yeah, we have that one.
Kenan
I love this one. This base. Base on the cloth seats, steel wheels.
Doug
Go back.
Kenan
Loved that car.
Doug
Go back to the. Yeah, look at that one.
Filippo
Oh, man.
Doug
Miatas. You can do anything with a Miata.
Filippo
The highest price ones, by the way, are all across the auction spaces. Are all VA swaps. Yeah, you want to sell your. It's like throw a v in there.
Doug
Five 7, 5s with a stick swap.
Filippo
Stick swaps. Yeah.
Doug
All right, Kenan, give us an NSX take. And then we got to move on to questions.
Kenan
Yes. So we also recently sold an nsx. So we sold that one. This one.
Filippo
Yeah.
Doug
God, that looks nice. Click on that. It just goes to show what was the mileage?
Kenan
That's the thing. 98,200 miles sold for 65.
Doug
Wow.
Kenan
The floor for NA or for the. The floor for NSX is. Is remarkable. They are just as well.
Doug
And.
Kenan
Yeah. And NA1 in this case, I think that the. I mean the floor has definitely been reached and like they are just straight up desirable cars. Virtually any mileage.
Filippo
As they should be.
Kenan
As they should.
Doug
Back when Honda would do something.
Filippo
That's right.
Kenan
Back when Honda would do something.
Filippo
I mean.
Kenan
Yeah, this represents Like a high water mark.
Filippo
Also it was in Canada.
Doug
Hate to say it. And it was in Canada. Hate to say it. Go back to the. Some of these side photos. The a good NSX with the right with those wheels unmodded, untouched. That's like the nsx. The NSX when I was a kid like this is what the NSX was.
Kenan
I totally agree.
Doug
It's just. And I look at this now. I would prefer a T but like.
Kenan
But I'll tell you what it. It was then and it still is now. It is so cool.
Filippo
Cool.
Kenan
I. I really want one but it is cool to know that they're like. Seems like they've. They're done depreciating anymore. Even automatic if I want to probably not lose any money.
Doug
Yeah, you could definitely. Because they are not, they are not expensive to own. As long as you're a little smart about the whole snap ring thing which this car may have actually been affected by.
Kenan
Yeah. Really early ones. Yeah. But a lot of them are that.
Doug
But even then like that's a minor issue compared to like BMWs. The engine blows that. It's so funny what each car community is like their, their issue.
Filippo
Right.
Doug
You go into the Honda world, it's like timing belt.
Filippo
You know.
Kenan
BMW engines explode. Soon to be Mercedes.
Doug
They work together.
Filippo
Go back to our NSX results because that same week, two weeks ago we go. We sold a NSXT which is what Doug would want. Yeah. 95 and does also had miles. His memory server. Right.
Kenan
And some light mods. But yeah.
Filippo
62,000 miles. I mean that's 100 grand. That's $100,000 car.
Kenan
I am so curious what a high mileage one drives like because I've driven very low mileage examples and wonderful.
Doug
I reviewed like this one or I think I wasn't that exact car but I think it was further. It was a black one. That was a. That was a headlight.
Filippo
The yellow one, it was a fixed.
Doug
Headlight in a two.
Kenan
Yeah. It'll take me a second to find.
Doug
And. And it was so enjoyable to drive. I actually don't see. Yeah. Oh God, I loved that car. Yeah. So cool.
Kenan
So good.
Doug
So legit. Those cars are so, so, so fun. So easy to own. So perfectly balanced. These are the supercars for people who don't have egos. If you have an ego you get a countach like me. If you have no ego, you just want to have the driving experience. The purest mid engine driving experience is just great. You get yourself an nsx. Although they're starting to Become valuable in kind of eagle cars themselves. I mean, really low mileage. Ones of these are pushing 200.
Filippo
This is not an $89,000 car anymore.
Doug
Well, it had miles. It had like real miles. Right, I'm sorry, I remember that.
Filippo
Still, I can't imagine that being.
Kenan
But the really late ones are, you.
Filippo
Know, the late ones are expensive.
Doug
90 grand for 130,000 miles. Pretty legit, though. Not a lot of 130,000 mile cars in the world sell for $90,000. It's true, but people know that one lasts. Okay, I want to move on to the questions. The questions are brought to you by Travis Kelce's brother Jason, who will also be at the wedding.
Filippo
You assume we don't know their relationship.
Doug
That's true. That's a good point. I don't want to impose. You can ask us questions by clicking on the community. Go to carsandbids.com, click on the community tab and there will be a thing in there that says questions, questions. And you ask us questions and we'll answer them. This week, some interesting questions and we want to start with. Actually go up to the first one because there's a picture associated. The question is from jsdngw W. If Tesla converted cybertruck to an suv, do you feel that it would be successful and overcome the stigma associated with the truck? Seeing this rendering, my answer is no.
Filippo
It would do well. It would do well.
Doug
It's pretty ugly.
Filippo
If you could.
Kenan
Yeah, that's pretty bad.
Filippo
If you could turn that into like a family SUV and you could justify it as I want a large family suv, I think it would legitimately do much better.
Doug
It's already that. If you want it though.
Filippo
No, but it doesn't have third row seats, doesn't have an enclosed cargo area. It has a tonneau cover. But I think it would do well.
Doug
I mean, it's basically that I, I.
Filippo
Legitimately think if you're Tesla, there is a market for consumers that already owned a Model X, haven't felt the need to upgrade, because God knows that that car hasn't changed since it came out in 2016 and 2017 and would buy this.
Doug
The truck has not been particularly successful though.
Filippo
Right. They should try this.
Doug
They should try this.
Filippo
Yeah, it's worth it.
Doug
Would it overcome the stigma associated. Oh, no, I think it would be like the cheap where, you know, the person driving, you know kind of some things about them.
Filippo
Yeah, exactly. Okay. It would be the same buyers, ironically.
Doug
It probably would maybe do four row something for you to think about like a. Like a Kia Carnival. The Kia Carnival sold as a four row in Asia.
Filippo
Really?
Doug
Oh, come on. Pull up the type in. Go to a new tab and do Kid Carnival 4. How do you not know this? You know everything I know. How did you Carnival four row, four rows. Yep. And then put. Go to images. There it is. Wow, friend. I can't believe this one here. I can't believe you don't know this as a four row.
Filippo
No. The question in that post was, did the Cardinal ever have four rows of se?
Doug
And the answer is, yeah. Zoom out. There's pictures everywhere. This was a big thing when it. When it. When it came out. There's an 11 seater car. The old four row. They didn't do it in the.
Filippo
That's pretty cool. Yeah.
Kenan
Well, that's crazy.
Filippo
Unfortunately, that interior photo is from.
Doug
Well, is it a Sienna?
Filippo
No.
Doug
Pull that up, pull that up. Go to that. Go to that. Go. What is that?
Filippo
You think I don't. You think I don't spot Toyota interior? That is some Toyota wood right there.
Doug
Yeah, yeah. It's a Toyota shifter. You're right. I apologize. Next question. I am Batman. Question for Kenan. And. But I'm gonna answer it. Kenan said on the very first car pot of the year that he would buy a Cayenne. Is this gonna be as real as the day we finally get to see Emily on the pod? Kenan ain't buying anything, folks. I'm gonna tell you. I'm gonna let you in a little secret. Since we started the pod, Kenan has said that he was going to be buying this car and that car and GT4 and a Bikestra Spider and a.
Kenan
I never said GT4.
Doug
Well, whatever. Boxster Spider, the convertible version, and a Lotus this and a Viper that and a Cayenne. It ain't happening. Alpha, we baited you. No, I'm kidding. I was baited too, because I was hoping. But now I've realized.
Kenan
Well, I looked and like nothing. Like I looked at Vipers. I called about Vipers. They just weren't around.
Doug
Questions about a Cayenne.
Kenan
You're the one who told me that I should instead of getting a Cayenne. You know, I'm young. I don't have any kids. Like, I should have sports cars. I should have more cars.
Doug
All right, fine.
Kenan
Cut the Cayenne out. Because I looked at a GTS guy, brought it here to the office.
Filippo
I was very.
Doug
Let me rephrase the question. Question for Kenan. Kenan said on the first pot of the year, that he would buy a car. Will he? A car?
Filippo
Yeah. Eventually the M5 will break down. He'll need. Have no choice.
Doug
Any.
Kenan
No, the M5 won't break down at all.
Doug
And that's the answer to that.
Kenan
Nope, I don't think. I don't think so because again, I've kind of lost. I don't know what I want anymore. Because I'm very fortunate. I drive a lot of really cool cars for cars and bids all the time. I get to experience a lot of cool stuff. And my golden. My North Star was the 355 for a long time. And it broke my heart. And now I'm just like, too nervous to buy anything because I just. I'm afraid it's going to happen again.
Doug
And so I give you like a middle star. Like a star. It's somewhere out there in the sky, maybe.
Kenan
I don't know. I just don't know.
Doug
What about, like, just get a. Get a Viper.
Filippo
Why he doesn't.
Doug
He's not going to get any car. This is what I'm starting to realize. Two of you are just bluster, at least. What are you talking about? I literally bought a car while I.
Filippo
Was in a meeting over there.
Doug
At least I'm out here admitting. Yeah.
Filippo
Months ago.
Doug
Bought a car or a 997 or.
Filippo
I got a Mark 8, which is more than 7.
Doug
You. You, you, Filippo, which is that you settled for something.
Filippo
Triangle.
Doug
Here's Filippo. Possible reality.
Filippo
I've driven it 17,000 miles in the last eight months.
Doug
I'm not saying you don't.
Filippo
Sitting in a car right there during a meeting. I bid on it during a. A show we were taping. I bought a car.
Kenan
We know the story. This question is for me. And I think that the reality of it is like, my point about it is like, I. I just. All the cars I want are 120 grand. $150,000. I just don't want to spend that. Like, that's the reality of it. Like, the boxer spider is in $100,000. 575,000 is 550,000.
Doug
When you get to the point where you can afford those cars, all the cars you want will be in the $300,000 range.
Kenan
I know. That's the problem. That's why I jumped into buying a 355 when I did, because I was so afraid that.
Doug
I'm not saying they're going to go up in value. I'm saying your tastes are going to change. That's what happens. And so, like, at some point you just have to. Every house buyer wants what's in the next price bracket, no matter how much money you have. Have. Like that's what. At some point you just have to take a plunge. You've spent this entire year carless. You could have been driving around in a Viper. Okay, yes, the E395. I know, I know, I know. But you've had that. You've had that exting experience for 14 years.
Filippo
10.
Doug
You could be driving around in a Viper today.
Kenan
Yeah, yeah.
Filippo
Also we came. Our producer Sean came very close to getting you to buy an old alpha convert.
Kenan
Very derogatory things.
Filippo
And he was wrong.
Kenan
That was your fault. Maybe I should stop listening to you.
Doug
I'm supportive of any car at this point. Any car. You want to get an Acura Ilx Auto. Not even stick auto.
Kenan
It's a good thing. I don't know what that is, but I think you guys. I just got to stop listening to you.
Filippo
Yes, of course.
Kenan
Stop listening to me. I gotta buy what I want.
Doug
All right, Speaking of this exact thing. Next question is from Monkey Mike Kenan. First off, I'm sorry for this question that said having owned and sold on cars and bids a fully sorted low mileage E3,39 M5 and finding out that it didn't live up to the hype. What other cars the collective automotive hive mind has placed on such a high pedestal, the experience can't possibly live up to the expectation.
Kenan
Can we pull up this guy's name?
Doug
Click on his username there. What did he. What was the car like? It was a mint. Oh, he sold some fully sorted. $28,000.
Kenan
Oh, yeah, fully sorted. Just salvage title. Ethereum.
Doug
Salvage title.
Kenan
I'm sure it was really nice. It drove nice and straight after it was driven into a tree. You know, that's a mint example with black grills. Get out of here. You don't know what you're talking about. About this car's modded. Get out of here.
Filippo
Monkey Mike, we really appreciate you selling your cars on cars and beds. That car seems to do very well. It's clearly with a car that the market appreciated for establish hell car.
Doug
Yeah, Blue.
Kenan
Blue. Not a good guy.
Filippo
Got hit while parked, by the way.
Kenan
Got hit while. Sure it did. In the rear. I'll bet it was.
Doug
It was hitting the front because all the front mods. It must have been hit the front.
Filippo
No, I think.
Kenan
No, that's not true. People just put black grills on it for some stupid reason. God.
Doug
Looks. I. I do agree. It looks worse with slide Girls. But other than that this does look like a pretty nice car.
Filippo
Keep selling cars with those. Kenan, you were never going to ask Kenneth a question about an ether and at five where you were derogatory to.
Kenan
One people's definition of sorted and my definition of sort are very different.
Doug
Okay so. So you're. Before we even get to the question.
Kenan
Which I asked but was the question I forgot.
Doug
Before we get to that. Your point is that he did not actually have a sorted ethernet M5.
Kenan
Look, I've driven dozens of them.
Doug
Yeah.
Kenan
When you drive one that is actually like has had all of the suspension components replaced from h arms down in the rear. Like everything it does make a big difference and like they all are a little bit different. They've all lived different lives. And like I have done everything there is to do. There's nothing left to be done.
Doug
Where's this one sit?
Kenan
And Ryan Schultz too. Ryan's M5 which I've driven many times.
Doug
Scroll down.
Kenan
Ryan's is better.
Filippo
I thought you did everything that had to be done. So why is Ryan.
Kenan
Cuz I can't replace the wheels. That's the biggest difference to me. That's it. Ryan.
Doug
Ryan's mountains.
Kenan
Ryan's is the probably the nicest in the world or one of the nicest.
Filippo
Your wheels are unbalanced. No.
Kenan
You can't replace the rears. They are. They've been no longer available for a long time.
Filippo
How does that impact?
Kenan
Slightly better the whole thing.
Doug
I'm not going to get an ether M5. The question is does it live up to what enthusiast cars have the collective hive mind placed on a pedestal so high that the experience can't possibly live up to expectations. You know another great example of that is another car that our friend Kenan owned.
Kenan
My 355. Yeah, it didn't live up to my expectations, that's for sure. And I admit like the E39 would not live up to everybody's expectations as there are certainly flaws with the driving experience, steering weight, all those things. But there are a lot of a good example 250 GTO probably deserves to be on that list for $100 million.
Doug
See Harry's post today?
Kenan
No, what he has Harry posted on.
Doug
Insta that he there was like for Some reason like 8 two of these GTOs had to be moved from one event to another and they asked him to do one of them. He was like it was amazing. Like hearing it full tilt while you're in the car. And also there's one in front of you.
Kenan
Yeah, that's some deep Harry.
Doug
Nobody else gets that experience for the F250 GTO transit. They're not calling me right for nine.
Kenan
Of the 31 around. That's pretty.
Doug
So there are probably a lot of cars that don't live up to expectations. I actually think a lot of them kind of feel that way.
Filippo
All of them is expectations.
Doug
One thing I will say is my three cars, I really feel like lived up to my expectations. And that's one of the reasons I've been so reticent to do anything, sell or buy anything new. Like Countach blew away my expectations. CRO GT. I knew what to expect and love it. 4 GT I think is one of the great cars.
Kenan
You've talked a lot about car cars that surpassed your expectations. The GT350R, the Zonda. Like a lot of cars that were a lot better.
Filippo
F50.
Kenan
Name another car. You must have driven some supercar that was like, this isn't actually that great. Was the F40 as great as.
Doug
Yeah, F40 is great. I mean it needs brakes, but which is why they all have been brake modded. Huayra is probably the best that I can think of.
Kenan
Interesting.
Doug
Just don't feel like it really has the engine and transmission combination that the looks should suggest that it should, should have, which I presume they've figured out for Utopia. But Wyra was a little bit of disappointment. There's probably other ones too. I can't really think of any offhands, but there are. There are a lot of cars, I think, enthusiast cars that. Well, I think 200 series Land Cruiser.
Kenan
Was one of mine, you would say the 70 series. But I love the 70 series and I've driven it thousands of miles. But I do think that there are. Yeah, there are a lot of cars that people put on pedestals that know especially as time goes on and they age. It's like you didn't you lose the ability to assess the car in its time period, given what it was when it was built, what was in competition, what was. What did a normal car feel like versus what does this feel like? You lose that ability. And so like, I think there are a lot of cars that are on that list and for some people maybe it is the 39 and 5. Some people it is the 250 GTO.
Filippo
Expectations are the killer of joy.
Kenan
The robber of joy. Right.
Filippo
You hated your Ferrari 360 because you expected it to do something that was.
Doug
I drove one with no expectation and loved it.
Filippo
And like, like. Actually I was reading a news article on Nvidia earlier because Nvidia earnings are out for Q2 and they their earnings were up 56% and their stock market is notably down because analysts expected it to be up 60% or thereabouts. Right. So like expectations are what kills us. If you go in with expectations that are more realistic for what the car can deliver based on where, when it's from, based on the era. The problem is that some people have built up cars to be something that they're not.
Doug
I will tell you, I more frequently have the opposite interaction, which is that I have a low expectation and the car delivers better. And I can come up with a lot of examples of that.
Kenan
That's way better.
Filippo
The Fiero Marque GTI is so much better than I expected because every review was Quite, quite critical.
Doug
RX8, RX8. RX8 is all timers for that.
Kenan
Tell you what, it's so much better than expected because you didn't expect to have one at all. But mark my words, one day I suspect I'll go back to 355 with that more seasoned perspective.
Filippo
Maybe.
Doug
That's interesting. Next question from Ronnie F. 430. Hey Doug, why does every YouTuber journalist praise the Miata so highly as the best driver's car but rarely do they have it as their main car? Is there some flaw in it? Yeah, it's small.
Filippo
It's a really cool automobile.
Doug
You ever been in one? It's little. You have it as a fun weekend car and then you put it away and you get back into your third gen 4Runner.
Filippo
Yep.
Doug
And honestly, that garage, those two cars, an ND ND and a third gen 4Runner.
Filippo
Pretty good, no?
Doug
You know what? An ND2 and a fourth gen 4Runner, that's all you need. Third gen. You know what? No. An N, an NDRF and a fifth.
Filippo
Gen 4 and a Honda Passport. The ND is a small two seat automobile without that much storage space that's not that comfortable for long trips. And that's why it's not many people's only car.
Kenan
This is a great car.
Filippo
It's a small vehicle. If you haven't been next to a too small. It's a small vehicle. No, I, I want one.
Doug
No, but the question is why do people not use as their main car? And that's your answer. Like it's ultimately like a little. A little car.
Filippo
Yeah. Which it should be.
Doug
It's. It's an amazing car and it's fun. But like I, the question asker, I guarantee you is not like is not old enough to want, prioritize comfort or have a family or anything. Like once you get into your 30s, you're, you know, pushing 40, 40 up like you, you don't necessarily want to be getting to this as your only car every day. And once you have kids, whenever, like this isn't a thing you can use as like a frequent, frequent vehicle.
Filippo
Here's the fact. Yeah, a GTI market GTI, yeah. Is 169 inches long, more or less.
Doug
Wow, that's shockingly small.
Filippo
The ND Miata is 154 inches long. It's 15 inches shorter than my GTI.
Doug
I don't even know if I believe the GTI stat, to be honest with you. I'm, I don't just, I did get out tape.
Filippo
I did trust Google's AI overview. So like, who knows? But it's a small, small vehicle. It's notably shorter than a gti, which is not that big of vehicle to start with.
Doug
Couple more questions that are all pretty good. Evs and clutch pedals. Doug demuro, to what extent do you still write the Doug's take on listings and how difficult does it get for you to be diplomatic and positive when writing about the certain cars? I write, I don't write them, but the, the our editors write them. And I look over every single one without exception. I look at every single Doug's take all of them. Which means that I do look at every single car that goes live on the site. Not just when they're posted, but before they're posted. I look at every single car without exception. How difficult does it get for you to be diplomatic and positive? The thing you got to remember is like I, more than anybody that you'll meet, I'm like a huge believer in the, the market. And so like I just, yes, some of the cars I wouldn't buy, but like at the right number, the market decides that's what it's worth. Like Ghibli is a good example. Yeah, like this at 13, 14. Like, these are pretty appealing cars. I've always said bad things about that car. But like it starts to become appealing and that's what the market values it at. And so that's what it's worth. And so that's what people believe it to be worth. And so like, to me, you know, I don't know. I don't think it requires that much heavy lifting compared to if we were selling new cars. And you have to say stuff like, we sell the passport this way because we want to Provide a balanced experience for our customers.
Filippo
I will also say more you more so than I think anybody realizes and that anybody else I know, like almost every car. You like all cars in some way or another.
Doug
Yeah.
Filippo
It's like very rare that you like truly don't like it or can't identify why that specific one is interesting has some benefit.
Doug
Yeah, total. Especially the stuff we sell. Like I, I, I, the, the, the really basic stuff. The, the, the basic Korean stuff I, I have trouble with. But if it's on our site, there's something about it that's cool. Even if it's he modern. Even if it's, you know, whatever. Like there's something about it that's cool and I get that. Next question. I'm sorry, you have, you have something.
Kenan
No, I was going to say the other thing is like even if there are cars that are in bad condition or whatever your argument is, well, you can always turn it into a track car and like there's always an angle. Like there is always a positive to be found with a lot with these cars because we accept cool stuff and so. Yeah, I agree. Although man, you've looked over a lot of Doug's takes.
Filippo
Yeah, it's wild to me. We're over 30,000 options.
Doug
Next question from mart walk. Question for Doug. If and when the time comes to sell one of your exotic cars, would you list it as no reserve on cars and bids? Heck yeah. Next question from battlefront Brigadier. Here's my equation. Buy that ram. This guy.
Filippo
Battlefront brigade. Yeah, Battlefront should.
Doug
Question for Doug. How do you buy your cars? Finance cash, et cetera, etc. The answer used to be that I would finance them because penfed would set would loan me. I bought every car with a pen fed loan. And San Diego's like the only city in the country with a physical pen fed location. It's like San Diego and D.C. are like the only two because of the military presence. And so like you could go in and come out with a check. Like you didn't have to do the whole thing over the phone and wait for a representative and all that stuff. It's in Kearney Mesa and Miramar, I guess. But with the interest rate so high, I've had to start using cash to buy my vehicles, which is insane. I know all the other youtubers rent them or lease them or do some sort of creative financing situation, but that ain't Doug, unfortunately. I wish it was. I wish we were still at a 2% interest rate situation. But I have a lot of cash tied up in cars. And it could be going to better use, such as getting Filippo a water feature in his home.
Filippo
Ooh, wow. Is that what it's when, like a pipe leaks?
Kenan
No, that's like this Rolls Royce water feature here. That's. That's what, that's what we're going for.
Doug
Okay, next question from Chris182. Actually, no. I'll start, do Eric44, then Chris182, then done. Eric44. Hey, Doug, would you ever consider going to Bowdoin Auto House to get a custom exhaust for your Carrera gt? I get asked all the time about custom exhaust for the Carrera GT because the Courage GT is one of the great sounding cars of all time. And if you listen on YouTube or on Instagram, some of the clips, their custom exhaust sound absolutely unbelievable. The problem with me getting a custom exhaust, I drive the car much more often than any other car GT owner, certainly United States. There are some European owners that drive it as much as me, but I drive the car more often than anybody else. I live in a city. I do not live out in the country like Canon with. With his horses.
Kenan
I live down the street.
Doug
He's got, he's. He keeps a family of muskrats in his. In his outbuilding. I don't do any of that. And so the problem is that driving the car so much, I just, I don't want it to be annoying. And every exhaust I have ever heard for that car, as great as it sounds at full throttle, is unbelievably, annoyingly loud at low RPMs and idle. And it would, it would stop me from wanting to drive the car. It would wake up my neighbors when I take the car out early. I took kash out at 7am this morning, and I felt so bad. Like, I just, I, I, it, it's. It would wake up the car a little bit more. But it is not something I'm interested in doing for that. I've never heard in all the YouTube clips I've ever heard of courage GT Exhau. And I've never heard of one that is quiet enough in a normal situation that you can. That even the valved one, it's. They're just too loud. They just put too much into it.
Kenan
And I'll tell you the great secret about the Carrera GT is when you put the roof on, you get to enjoy the induction noise. And the induction noise of that car is just as good as the exhaust. It is so spectacular in that thing.
Doug
I do love driving through fun now. I kind of committed to just like.
Kenan
I firmly believe it and maybe it's in your book you have on it that it was supposed to be always be a coupe and not a convertible but it was so stiff they could just take the roof off. American consumers would want that and so they did it. But I have a feeling and the other thing is like it does sting even with a great exhaust on it. You get to hear it echo off of things. The best place to be in a Courier GT is the car behind it because that's where you get to hear all the sound anyway. So roof on induction noise. That's your answer. And it's very good.
Doug
And you know what? The Courier GT and I maintain this and I will forever is the greatest car designed at a strip mall in Huntington Beach.
Kenan
Stiff competition.
Doug
Okay, final question from Chris. 182. No greater car has been designed in a strip mall in suburban Los Angeles. You understand that? Don't come at me with your other cars designed in suburban LA strip malls.
Filippo
I've got others but I'll let it be.
Doug
Chris wanted you question for the group.
Filippo
Yeah.
Doug
Can you guys outline your automotive careers and how you got where you are today? I've already talked a lot about mine. I actually would like if Filippo cuz we don't hear a lot about Filippo's past.
Filippo
Yeah yeah.
Doug
Like we know Canon worked for exotic car dealership. He references it sometimes. I want to hear about Filippo's story about his journey. We know he's Italian. We know he lived in Wisconsin. We don't really understand how both those things happen at once. Like take us through kind of the.
Kenan
Journey Short view back at the past Felipo.
Filippo
No, I I'll take it from from my professional career.
Doug
Oh really?
Filippo
We don't get to hear the early days before christen bits. All of of my jobs were education focused. I worked in education data, worked with school districts on education finance stuff. But I've known for those of us.
Doug
Who don't know what that means, which even though I've known you for 12 years, includes me. What is education data? I mean am I wrong? Like you're sitting here like what is he talking what is education data and education finance for the, for the audience.
Filippo
For the hotheads who certainly cares about this greatly. We're going to the retention is going to plummet at this moment of the podcast. Luckily it's the end. I worked for a company where we we worked with state departments of education and school districts to develop school accountability report cards to do data analysis on which Schools which teachers were creating better outcomes for their students. And then after that, I worked for quite a while at a company that works with school districts on better budgeting and managing of their resources, how to be more equitable, how to plan better using a software product that we built.
Doug
So you were like a consultant and they would call you up and say, yo, dude, this is Omaha Federal or Omaha Unified or whatever. I don't know how it works. This is Lincoln, Nebraska area schools. We got some budget issues.
Filippo
Can you help us for that company? It was a software as a service company where we sold to school districts and some other educational entities a product and I helped them implement it. And I did kind of the data ETL transformation from their enterprise resource planning system.
Doug
The data. The erp.
Filippo
The ETL from their erp.
Doug
Let me ask, ask you this. How the hell then.
Filippo
I don't know, man. That's a good question. I've known Doug for a long time. I used to film videos with. With you back in the 2014, 2015, when you first got the Hummer. The video was poorly shot and shaky because I was filming for years fleep.
Doug
Of all my videos.
Filippo
A year, two years. And then when you started cursing bids, I thought that I could apply some of my like data knowledge and car expertise and kind of combine those into one thing. Thing. Have I been successful in that? God knows.
Kenan
No, you started by writing listings.
Filippo
I started by writing listings. Just because I could put words together with a keyboard. Yeah. Yes.
Kenan
You struggled sometimes. I was.
Doug
I got a free auto check.
Filippo
Vehicle history report backs me up sometimes.
Doug
So that's Filippo's history. That's Filippo's history. He worked in education something or other. You heard it. And he was trying to optimize schools and school districts. To me it sounds like he was like the private equity for schools.
Filippo
He was getting teachers fired particularly. No, no, we were all.
Doug
No.
Filippo
Want to be really clear about this. No, we were all about helping school districts develop better budget.
Doug
We were helping to improve the school sometimes by reducing.
Filippo
No, no.
Doug
The personnel.
Filippo
No. Better budgeting is good. The Joe Biden quote that we used a lot at the time. Oh, that was. Don't tell me what you value. Show me your budget and I'll tell you what you value. And our goal was to make it easier for school district actually kind of connect their goals with.
Doug
Okay, that's real.
Filippo
Wait, can I say one thing?
Doug
Yeah.
Filippo
Very. People at all my prior jobs did not know that I was into cars. This was not a part of my life.
Kenan
Sometimes I question it. Too.
Filippo
My friends did sometimes, but it was not a part of my life. And now for the last five years, because it's been five years this week of being a full time car. Wow. Wow. There's been like a incredibly large part of my life. Life publicly. Interesting.
Doug
Well. And you were always into car.
Filippo
I was like my personality, you know.
Doug
Yeah. But I always felt like you belonged in some sort of automotive role. And I still believe that. I. I truly believe that the rest of your career should be in automotive, whether it's here or elsewhere. I truly believe that. It's just. He's just into it. He's into it and he's good at it. Rj, call me up. He's already.
Kenan
Yeah, RJ will call you.
Doug
Kenan, you want to give us a brief overview here of your situation? As I recall, you're from Ohio.
Kenan
Talked about a couple times. Yeah, I'm from Cleveland, Ohio. I started working at an exotic car dealership when I was there. I had known the family that owns it for a long time. They were looking for someone to help with their digital media presence and, like, marketing in general. I started working there and then I reached out to you because we wanted you to come look at a LaFerrari that we had. And it didn't quite work out. You were moving from Philadelphia out to San Diego. We started talking about San Diego. I'd met you previously when my M5 broke down at one of your meets and you remembered who I was as a result. Result. And then I was out here for a car event, the La Jolla Concours d'. Elegance. And I had mentioned to you that I wanted to. I isolated my focus at that point to living in San Diego, which was a lifelong dream of mine because the weather, I mean, Cleveland to here, who wouldn't want to, right? And then. And I wanted to work for an auction company, you know, one of the established houses. But you were already thinking of starting. Well, now, not then. You were thinking about starting this company. And I think you went home and told your wife that day. It's like, I think we found someone who can help us do this. And I was the first person that he called when it was time to hire people. And the team, the team that built the back end of the site and what it looks like now had put something together. And I didn't hesitate.
Filippo
You were the first employee.
Kenan
I was the. Yep. The first employee. And. And. Yeah. And then I, you know, was supposed to come out, shipped my car, all my stuff, and then Covid hit.
Doug
Yeah.
Kenan
And it was a whole thing from there, but eventually got out here. We launched it, and here we are.
Filippo
Yeah.
Doug
And by the way, for those who don't know, and we're curious, Nick's background. He was on the podcast sometimes, is that he was raised by wild boars in the hills of Tennessee. So there we go. That's the podcast for today, the greatest one we've ever done, but only if they keep in that stuff about Paris Hilton and Traverse City. If they take that stuff out, this podcast was a waste of time. If you're watching this right now and you haven't seen anything about Paris Hilton and Treasure City, you got screwed.
Filippo
You think we wouldn't cut this part too?
Doug
Paris Hilton, Trevor City. Goodbye, everyone. Cut him now.
Kenan
Goodbye.
Filippo
Goodbye.
Episode 75: Forbidden European Cars Come To US, Rolls-Royce In A Pool, and A New Speed Record!
Date: August 29, 2025
Host: Doug DeMuro
Co-hosts: Filippo & Kenan
In this lively episode, Doug DeMuro, Filippo, and Kenan navigate the week's buzziest automotive stories: the possibility of forbidden European cars reaching the U.S. market (thanks to trade negotiations), a BYD electric hypercar smashing the EV top speed record, rumors of a Mercedes/BMW engine partnership, a flamboyant Rolls-Royce-in-a-pool photo op, and Porsche management drama. The hosts also share personal car updates, provide market analysis on enthusiast vehicles, and answer audience questions with their signature humor and expertise.
[00:27–04:47]
[05:51–08:21]
[08:44–12:52]
[13:06–16:00]
[17:41–21:11]
[21:13–23:42]
[25:31–27:47]
[28:06–35:47]
[36:33–39:56]
[40:10–48:07]
[50:07–53:07]
[54:08–62:34]
[62:34–86:20]
Doug: "This is why I'm always saying we have to continue advancing on EVs. We will not succeed by just selling the Ram 3500 Dually. We make EVs that jump with 3,000 horsepower and can do 300 miles an hour." [11:50]
Doug: "When I was a child, all these automakers seemed like such adversaries... Maybe the multinationals are just kind of doing their thing and we're all fighting the fight on the streets." [14:34]
Filippo: "Expectations are the killer of joy." [73:19]
Doug (about Porsche CEO): "It's surprising the Germans would allow things to get to this point. However, I've learned with the Germans, when they find somebody they believe is competent, they put enormous amounts of pressure on that individual to deliver." [23:20]
Doug (regarding Honda): "Honda is so afraid. They're so terrified to do anything." [40:45]
Kenan: "It feels hollow to me somehow." [09:53] (on new EV hypercar top-speed glory)
The episode is energetic, humorous, and occasionally self-deprecating in the classic DeMuro-and-friends style. There’s an equal mix of deep industry insight and friendly banter, backed by a shared love for both quirky and mainstream cars. The hosts maintain an encouraging tone toward enthusiasts of all stripes, with a healthy dose of skepticism (especially regarding automaker marketing claims and current industry trends).