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Doug DeMuro
This episode is brought to you by Skinny Pop popcorn. Perfectly popped, endlessly delicious. Oh, so light and crunchy. Skinny Pop Original Popcorn is the snack you've been searching for. Made with just three simple popcorn kernels, sunflower oil and salt. Snacking never felt or tasted so good. Perfectly popped, endlessly delicious. Give yourself permission to snack and pick up Skinny Pop original Popcorn today. Come to me. Focus Features invites you to succumb to the darkness. From director Robert Eggers comes a masterpiece of horror. He is coming. This creature is a force more powerful than evil. It is death itself. Nosferatu. We did R under 17 nanometer without parent only theaters Christmas Day. Special engagements in Dolby and Imax. Hello and welcome to this car. Pop.
Ken
I'm Ken.
Filippo
I'm Filippo.
Doug DeMuro
And there's a lot to discuss today, starting with. We have new merch. Go to merch.carsandbids.com there's new T shirts. There's a keychain that says this on it. There's other.
Filippo
Other things.
Doug DeMuro
I'm wearing a shirt with my face on it, folks. That's as good as it gets. Here. Look. Look at my face shirt. Yeah. Anyway, we got merch, okay? Go to the merch store, buy things. There's even a license plate frame. It says corks and features. Some of the merch is great. Some merch is not so great. I'm just gonna say it. But some of it I legitimately really like. This is the best merch we have ever had. There's even a hat that says this. Look at this hat.
Filippo
I would be willing to put money on the fact that the ones that you like are the ones that sell the worst because nobody else does. And.
Ken
All right. You have such a keen fashion sense, right?
Doug DeMuro
I do have a keen fashion sense.
Filippo
After this podcast, you will make me a list of the three you like most, and we'll sell you $20 that they sell worse.
Doug DeMuro
Okay?
Ken
Wow. We've all beared witness to that.
Doug DeMuro
Okay, time for the news. Time for the news. And we start with the news. Donald Trump was elected president. Now, I don't want to get political here. I don't want Filippo to cry. I don't want Kenneth to tell us that Emily's dad was there on January 6th. I don't. I don't need to hear it anymore. I want to talk about. I want to talk about what this means for the automobile industry. Filippo.
Filippo
It's really interesting because there's not a clear cut answer. There's a lot of things that are happening. So when we Were kind of prepping the set of topics. I started thinking through what I think the main effects are and it gets really complicated because there are been a lot. There's been a lot of talk on tariffs about from the Trump campaign about tariffs, including on Mexico. A lot of cars are sold in the US Are built in Mexico. The implication would be that will raise the cost of cars sold in the US By a fair amount. Honda, for example, builds hundreds of thousands of cars in Mexico. Ford does as well as automakers. That would change dynamics a lot. Yeah, but will that actually happen to what extent the Trump campaign and in general their expectations that auto manufacturers will benefit from a Trump presidency. But like in what way?
Doug DeMuro
Right.
Filippo
There's a lot of question marks here.
Doug DeMuro
It's an interesting situation. I think that the primary thing that I tariffs is an interesting conversation in itself. You know, NAFTA has allowed broad ability for the automakers to produce in Mexico and Canada without any sort of. I have a suspicion that's despite blustery language from Trump. I have a suspicion there's not be tariffs you get. There's simply too many of them.
Filippo
It would also be a violation of our nafta of nafta.
Doug DeMuro
But that could be changed and repealed. Other trade agreements have. I do suspect that Chinese tariffs will continue and and or increase. And any automakers who thought that building electric cars in China was a good idea up until now, which already is not many because All Star exclusively now they're moving last week and I saw a Model 3 with a VIN that started L and I was thinking myself, that's a China car. They don't sell those things in the United States.
Filippo
Canada starting very soon because there's 1% tariffs.
Doug DeMuro
Is that right? Canada's doing tariff also. So anyway, I do have a suspicion that the more important than the tariffs, the electric vehicle incentives will be the big change. I agree especially with the Republicans in control of the Senate and tight in the House. I mean you have to assume that all of those I wouldn't call them mandates, but certainly incentives to get people to buy them. And the automakers are then heavily incentivized to make them because they're have their. They have giant financial incentives. Those might change.
Filippo
The big question mark then though becomes most manufacturers have gone very far in especially from an R and D perspective on electric vehicles. And they built because a lot of these tax incentives are required. The car is built in the US Right. They've gone all in and also building factories for their EVs.
Doug DeMuro
Right.
Filippo
So you can have Manufacturers that decide, okay, well, we're going to ease off of our EV plants, but they also probably haven't developed a new gas engine or like, new chassis.
Doug DeMuro
I think about this a lot, and I've actually, I haven't been. It's, it's chess. I haven't been entirely thrilled with the way that the Biden administration or previous and current Trump administrators have sort of piecemeal these. It's difficult if you're an automaker to comply with this stuff because every year it seems that these things change, and now they're, they're so complicated to the point that it's difficult to even consumers even understand. There's a, there's a price of means test, essentially a price test. There's an income test. Right.
Filippo
There's some of them for some of.
Doug DeMuro
The cars have to be built in the United States or some, some large portion of them need to be built. Kenna doesn't care about. This is interesting. This is real.
Filippo
This will define the car that you buy 20 years from now.
Doug DeMuro
Regardless. I'm not sure what's going to happen, but I do have a suspicion that the story will be tariffs and the definite story will be EVs and whether. I also think, like everybody's talking about, oh, people voted for Trump for this reason, that reason, you know, the electric cars and the, the, the change that the Democrats are pushing in that way, I have a suspicion in some cases did contribute. People make fun of conservatives, make fun of electric cars, etc. They're not ready. We think we're not ready. The power grid's not ready. We always hear those talking points, and this was a little bit of a rebuke of that.
Filippo
Elon Musk was a huge surrogate for Trump. That's weird of Trump. It is a lot.
Doug DeMuro
It doesn't make any sense to me personally. Right.
Filippo
And then you worry a little bit about tariffs on especially components that are for battery development. But the industry group that lobbies for that is a combination of Tesla, Rivian.
Doug DeMuro
Right.
Filippo
A couple of other manufacturers. Well, Elon Musk is presumably will be in favor under the Trump administration.
Doug DeMuro
Right.
Filippo
How does that, what does that actually look like?
Doug DeMuro
And that's, and that's one of the reasons why Trump talks a big game in a lot of ways. But he's got a fairly broad coalition and can't go too far in any one dry as worried as people get. I think that this is a good example of an area where he can't go too crazy because he upsets not only his largest supporter, but a guy who honestly probably helped deliver him right is some, some portion of his substantial victory.
Filippo
It's also such a different landscape than 20, 30 years ago. I think 20, 30 years ago you talked a lot about the big three American manufacturers and those being the people that are building the US and those unions being the ones that might have a lot of Democratic backing or Republican backing. Well, the unions were very split.
Doug DeMuro
Yeah.
Filippo
And what Canada supported. It's not just the big three that are building cars in the U.S. hyundai, Kia, Nissan, Toyota, Honda, to some extent Subaru. They all have huge plans. It's like what is the story now? It's no longer as clear cut as American manufacturers.
Doug DeMuro
Yeah, yeah, yeah. It's definitely an interesting thing. It'll from a, from a automotive perspective it will be interesting to see what happens. And I do have a sense that EVs may not be as heavily incentivized going. You got to assume JD Vance, at some point apparently Trump's vice president elect came out with an idea that they would start incentivizing simply American built cars, gas or electric. Which is an interesting thought that could also have some benefits if that ever went anywhere. I mean there's, it's anybody's guess. And I have to say I think the automakers are not entirely thrilled with that that they've, they've gone in one direction for the last few years now. They got to go back and they were back in the first place. It's a tough, it really is a tough game to play if you're trying to. Because manufacturing is set up years in advance.
Filippo
Right. There's also a lot of, there was a lot of lobbying around the EV tax credit. I think the end solution was one that generally manufacturers are okay with oriented okay with CAFE standards though and emission standards. There was a lot more debate around and it's we the prevailing theory that those will be pulled back a little bit.
Doug DeMuro
Right.
Filippo
What does that mean?
Doug DeMuro
Right.
Filippo
Maybe not all that much. I mean like who's selling cars that are that dirty at this point that where the much I don't know.
Doug DeMuro
I will say consumer demand does seem to line up more with the Trump administration's sentiment than the Biden administration sentiment in terms of people kind of walking back from EVs and we see that with the automakers that are every week now one more seems to be walking back its electric vehicle goal.
Filippo
But at the same time we're in a global economy like making cars just for the US that's, that's why not.
Doug DeMuro
Be as lucrative as crazy ev. China's crazy ev.
Filippo
So in other words, we have no insights here, just a lot of questions.
Doug DeMuro
I remember I used to think that I would love to run a car company and I'm so glad that I'm not now. Life is very different than 20 years ago when I was sitting at Porsche. Like, I could do this. There's. You got to think China now. It used to be North America was everything. You got to think EVs, you got. There's a ton of politics involved now. It's a bizarre situation. And, you know, Porsche comes out with a Macan EV and it's like this was a miss. Well, it seemed like a huge hit when they were developing it.
Filippo
Yep.
Ken
But to be honest with you, it has also always been that way. I mean, yeah, in the 70s when emissions started, stuff became much more strict. I mean, manufacturers had a lot of difficulty. That's true. None of that has changed. Porsche is a great example and they had to develop that. That Andreas Ferdinger talks about that like turn signal. They had to spend hundreds of thousands of developed specifically because of the US DOT standards. Like there have always been like. For our California taillights, they've always been like.
Doug DeMuro
That's true. I get the sense that there's probably more now and more uncertainty for the automakers now, but that you're right, there's, there's, there's always. This has always been part of the.
Ken
It's a hard business.
Doug DeMuro
There are massive compliance departments in these companies. Massive, complicated business.
Ken
My big concern is for components. As someone who owns an older car, an older foreign car that have to bring in a lot of components that are producing other components will impact that.
Filippo
Yeah.
Ken
And so I know, like, I'm worried about that. I don't know. Ryan's worried about that for his customers too. So we'll certainly say. As if the ether 9 and 5 wasn't expensive enough to keep.
Filippo
I'm glad that you're. That that is top of mind for you, Ken.
Ken
Well, of all the news from the.
Filippo
Week, I appreciate that ether 9 parts.
Doug DeMuro
Availability is like the takeaway. I thought about the takeaway.
Ken
There's a lot I thought about, but that was one of the things.
Doug DeMuro
E 39 parts or not, I'm hopeful that the tariffs are not implemented at the level that we're being discussed. We'll next news story. Ah, yes, SEMA is here. Sema? Sema. SEMA is the Specialty Equipped Manufacturers Association. Wow. Thank you very much. I know everything. You look it up. No, no, I just Knew that because I love sema. I legitimately love sema. It goes on in Vegas every year. There's crazy stuff. The automakers got into it 10, 20 years ago, started making their own crazy stuff. Toyota has built this, which is a two door convertible four runner, looking like the old school 80s ones with a roll bar and a surfboard and it's cool.
Filippo
Wow.
Doug DeMuro
You don't think it's cool? What? Really?
Filippo
I mean, that Tacoma exists?
Doug DeMuro
Yeah. But this is. It's a. It's got seats back there. Dude. I'm gonna tell you this. Whoever's at Toyota who helped do this, I want to buy this car at the end of sema. I want to buy this car at the end of sema. Do you think you wouldn't?
Filippo
No.
Doug DeMuro
Why not? It's cool.
Ken
But you're not buying this anyway.
Doug DeMuro
No, but I would. I love old SEMA cars. Like love to a way that I can't even explain for sure. And there are some that I absolutely buy. I've always wanted an old, like an old concept car. If I could buy a Cadillac, the Cadillac cn, I would do it.
Ken
Oh, of course. But that's different. That's. That's. That is very different.
Doug DeMuro
It is different than before sema.
Ken
It's different than a four that's had its, you know, back cover.
Doug DeMuro
It's more than that. It doesn't even have back doors. This is a. This is a serious build. Serious effort went into this.
Filippo
I just want to make a single one that's going to be static.
Doug DeMuro
Yeah, but it's cooler. You guys don't understand cool. You never have.
Ken
I don't like SEMA at all that.
Filippo
I think Cannon would will most appreciate that it's at sema.
Doug DeMuro
In theory.
Filippo
I saw an article about this. I know nothing else.
Doug DeMuro
Yeah.
Filippo
Not a villain. Or else. There's apparently a company that is making E46 based V8 powered station wagons. Ooh. Strict little speed wagon R is what Kenneth's.
Doug DeMuro
All modded cars.
Ken
Leave it alone.
Doug DeMuro
That's like every Canon dream rolled into one. Yeah, I don't wanna know. It's like it's at sema. No thanks.
Filippo
There's literally no information about it whatsoever.
Doug DeMuro
That looks that little. That little blurry image.
Filippo
Strickland Motor Company.
Doug DeMuro
Pull this up.
Filippo
Ken, go to models.
Doug DeMuro
Okay. Go to.
Filippo
Scroll up Scrub. Models.
Ken
Oh, models.
Filippo
I don't know how many models.
Doug DeMuro
Look at this. That looks cool. Go back up. There's no picture. No, no. This is as good as it gets. But look at that. That looks like an M coupe. But not. No, go back up. I want to see it.
Ken
I want to see blurred out image.
Doug DeMuro
You can see the idea of it.
Ken
It doesn't even look like an E46 wagon. Just.
Filippo
It will. Apparently it will have a six speed manual, an LS V8, 500 horsepower and it's based on E46.
Doug DeMuro
That's great.
Ken
Awesome. Put an LS and an E46. Whoop the freaking do.
Filippo
Who cares?
Ken
Like anybody can do.
Doug DeMuro
No, no.
Ken
I want E46.
Doug DeMuro
Could knock that out in a long weekend with a couple of cold.
Ken
Absolutely.
Doug DeMuro
Veterans Day is coming up. Maybe we should get ratty E46 on Craigslist from a veteran. Go to Oceanside. That's. That'll be like our veterans play and then we throw an LS in over the weekend.
Ken
Yeah but exactly. That's. That's why it's not something. If he and I can do it. I. I would respect somebody who put an S54 and Maiden 4600 M3 touring. But like agree. I. But. And left wheel silver.
Filippo
Thought you would be into this.
Ken
I know.
Doug DeMuro
Why would I compare it?
Ken
It's an LS and an E46. That's not.
Filippo
No, no, no.
Doug DeMuro
It's a fully different irrelevant.
Filippo
It's a fully separate design. Also their tagline is analog is better.
Doug DeMuro
We're not luddites. But yeah.
Ken
You know what was great? The original car was fine.
Filippo
All right. I think we got.
Doug DeMuro
There was 363 wagon. Ken. This looks cool. This blurry shot looks cool. I'm just saying it looks like it has flared wide fenders. It looks cool. I'm just putting it out.
Filippo
I will be intrigued to see whether they actually show one.
Doug DeMuro
There are all these companies out there trying to be like Singer and this is like that. But for BMW wagons. That's what I want. I hate a lot of the Singer fakers. I even don't really like Singer. But I'm ready for some of them to come along and make cool cars.
Ken
I just don't care. Nothing at SEMA is real. It's all modded crap that I don't care about. I just. I can't imagine a place I'd like to be less than sema.
Doug DeMuro
What about all the cool stuff there? What about this?
Ken
Nothing cool.
Doug DeMuro
Show us the coolest car at SEMA.
Filippo
All right. This is a Kia EV9 Adventure.
Doug DeMuro
No.
Filippo
But I want you to tell me how adventure is spelled.
Doug DeMuro
I will not call it The K. The EV9 Adventure. I will only call it the EV9 Advntr.
Filippo
Correct.
Ken
Adventure.
Doug DeMuro
Adventure.
Filippo
Adventure.
Doug DeMuro
This is the EV9. Adventure.
Ken
It's the. It's the. It's the advent Adventure.
Filippo
Advent.
Doug DeMuro
So tell us what's adventury about it? It's got some tires.
Filippo
Looks like that is what is adventure about it. Congratulations. And like the little different light bar treatment they took it to, to some.
Doug DeMuro
Sort of Jurassic park like area. Right.
Ken
Some slightly elevated piece.
Doug DeMuro
How does you have access to this sort of forest? Aren't they in Southern California? Seriously, where, where is this? This isn't in Vegas. This isn't in Southern California. Where do they take this picture?
Ken
This is right behind like some huge distribution facility.
Doug DeMuro
Yeah. Oh, you know this little place.
Ken
It totally was like, oh, there are a couple trees there.
Doug DeMuro
You know what they did? Wherever the EV9 is built, they just took one out back. Let's throw some tires on it.
Ken
The other side of this there's a hospital and some bunch of big box stores.
Doug DeMuro
Yep. And they were just hoping to God that nobody came over the. The fence or whatever that left the. The park giant part empty parking lot to come down here and see this thing.
Filippo
Fun fact, parts of it are built in West Point, Georgia.
Doug DeMuro
Okay. That's probably where they took this picture.
Filippo
There's. This is another SEMA concept card, but Kia would I think build this? No. Would there be demand, do you think, for an off road minivan esque SUV that's electric?
Doug DeMuro
Let me think about it.
Filippo
Yeah.
Doug DeMuro
No. No. So literally no one would buy this.
Filippo
Are you saying that all the people that bought it for efficiency and practicality and didn't buy an R1S or another off roading car but want it to look like that, but are willing to trade 100 miles of range for the tires?
Doug DeMuro
Yeah. I mean it would be.
Filippo
Who? Who?
Doug DeMuro
There would be a massive range trade off. It's not just tires, but it looks kind of good. It's probably heavy. There's probably a steel bumper. You'd buy it.
Filippo
You would buy Sequoia TRD Pro.
Doug DeMuro
It doesn't look that good. I think the EV9's drawback is it's the way it's styled.
Filippo
Yeah.
Doug DeMuro
I think its benefit is everything else. Yep.
Filippo
But this maybe helps. The light treatment helps.
Doug DeMuro
The light treatment helps. Yeah.
Filippo
This is the car that everybody's most excited about from sema.
Doug DeMuro
I'm most excited about the Forerunner. This show is sponsored by BetterHelp. November is here, the month of gratitude. I'm especially grateful for my friends like Kenan and Filippo. It's great to have connections with people we love. But in addition to gratitude for others, there's another person we don't get to thank enough ourselves. Here's a reminder to send some thanks to the people in your life, including yourself. Mental health and therapy are tremendously important to me. I have family members in the mental health space and I truly believe in therapy and its ability to create successful outcomes and improve lives. I truly do. And BetterHelp is a great way to start the journey. If you've been considering starting therapy, give BetterHelp a try. It's entirely online and it's designed to be convenient, flexible and suited to your schedule. Just fill out a brief questionnaire to get matched with a licensed therapist and switch therapists at any time for no additional charge. And show yourself some gratitude with BetterHelp. To get started, visit betterhelp.com thiscar today to get 10% off your first month. That's BetterHelp H E L P.com thiscar to get started. Give us our next news story. Kenny.
Ken
All right, Aston Martin. Now, Aston Martin traditionally is a brand that makes cool cars and struggles financially. That's kind of what they do, to.
Filippo
Be clear, making and selling two very different.
Ken
Yes, that is also true. So they recently reported that they're having some financial problems. I know they're reporting $1.8 million in losses per day, which, you know, but for some of us, that seems like a lot.
Doug DeMuro
Who hasn't lost a million eight in a day? Right.
Ken
They also are down 17% in sales. The DBX itself is down 52%.
Filippo
Really?
Ken
Yes. And they're also taking on more debt to invest more in the company that just took on $1.57 billion more in debt. So they're in a hole and they're just going to keep on digging.
Filippo
Ask you a question. I understand the dbx, I understand the race car. Are they involved in the manufacturing of heavy equipment?
Ken
I can't remember what the Lord said.
Doug DeMuro
Just take the tractors out of the, out of the back for the photo. You think Lawrence struggles? Like, no, let's just do it. Let's get it done.
Ken
The only way to get the Formula one car in the shot, though, they took it and craned it in and then just gently set it down. That's very deep grass. This looks very thick. But it's not a surprise. This is. Aston Martin is a brand that is desirable conceptually to a lot of people, but when it comes to actually selling cars, the market is disagrees. And they, they've sold many, many times. Ford had them for a while, I.
Doug DeMuro
Think, for A little bit too, but I can't remember.
Ken
Lawrence Stroll owns them now, but that's only so his son can drive a Formula one car. And so, like, it just. It just ends up Aston just gets passed around and passed around and passed around. And the struggles.
Doug DeMuro
The famous line that regular car reviews guys said about Maserati, that Maserati is what rich people think, that is what poor people think that rich people drive. That's kind of true of Aston. Like, almost all of the people who love Aston Martin are like people who drive Toyotas and people who are actually in the sphere of owning high end cars. They don't really want an Aston Martin.
Ken
No.
Doug DeMuro
They're big luxury cars. They're not that sporty. They don't really have much of a reputation for like, very special, high quality. No, no.
Ken
It's someone who wants to be largely esoteric because you're comparing it against other cars that are very good. You're like, or it could have an Aston and it's like, it's. That's as far as the thought goes though, honestly.
Doug DeMuro
They're very scalable. It's never hit me, and I owned an Aston. It's never hit me, like buying these cars. I could also think about right.
Ken
Right now. There are some where it's like, you know, I mean, the original, like DB, the DB5 is like unbelievable to make money from those.
Doug DeMuro
Right?
Ken
Exactly. Except for when they make some for track use only as a new car.
Doug DeMuro
Here are the good Astons. I'll tell you right now.
Filippo
Okay, please.
Ken
Okay.
Doug DeMuro
The DB5 and DB4 and DB6, that whole era, any of the. Any car, any car that is 45 or a car that fl filippo would not be able to tell apart from a DB5 is a great Aston Martin.
Filippo
I'm good. DB7 and up. So, yeah, all bets are off.
Ken
Enzo era Aston Martin, Right? Pretty good. Okay.
Doug DeMuro
The original Lagonda. Yes. God.
Ken
Well, the Series two, you're talking about the Anteater.
Doug DeMuro
I'll take a Series one, two or three.
Ken
Well, it was the Series two, three and four that are the Anteaters and the one looks very different, but we'll move on the.
Doug DeMuro
Oh, you're right. The original. Original Laganda looks as a totally different car. And then that's kind of it.
Filippo
What about the current Lagon or current.
Doug DeMuro
The Laganda taraf. Yeah, the 177, which has a square steering wheel and they made some cars for the Sultan that were heinous, but I want them all.
Filippo
Sure.
Doug DeMuro
So that's Kind of it.
Ken
The Bulldog is another as well.
Doug DeMuro
I. The Bulldog's okay. I haven't liked a car that Aston made, therefore, since. What does that put me at? Yeah, well, the 177, that's 2010.
Filippo
That too, yeah.
Doug DeMuro
It's been 15 years. It's been a while.
Filippo
I thought everybody agreed that the DBX was like, fine.
Ken
The Valkyrie 7. The Valkyrie is Valkyrie Valkyries. Yeah, The Valkyrie is cool.
Doug DeMuro
But the DBX is fine. And then you 12 is good. All the cars are good. They're all legitimately. All of them are good. The DBX is great. It's a great car. It's too expensive and the brand name is just not there. And you know that when you are buying Aston Martin, you are buying massive depreciation. You know, I'm going to be the.
Ken
Third owner at least, really. Right. Just avoid the depreciation.
Doug DeMuro
Isn't true. Like, you could go get an Urus, which looks worse, is not as nice inside, is basically a Cayenne. But you ain't gonna lose $200,000 in the first long weekend that you own the car.
Filippo
Right, Right.
Ken
That's. Yeah. So. And that's what all factors into the them losing so much money. I mean, who wants to buy a car they're going to lose tons and tons of money on? And. And so I. I don't know.
Doug DeMuro
And so they have to subsidize the cars like crazy. They're incredibly available. Every Aston dealer you go by has stacks of what should be very special rare cars sitting out front.
Ken
And so one wonders, you know, if they sell again. You know, I don't know exactly what Lauren Stroll's plan is with them, but we'll certainly see as others, if you're.
Doug DeMuro
You, how do you fix Aston Martin?
Filippo
Oh, good question.
Ken
I. That's a really great.
Doug DeMuro
You know what I think you do? You abandon the whole brand principle and go mid engine, manual transmission sports car.
Ken
Wow. I'll make something that Ferrari makes what.
Doug DeMuro
Ferrari and Lambo won't make.
Ken
I don't disagree.
Doug DeMuro
Abandon the brand principle. Walk away from the long GT cars. Just straight walk away. Be like, we're doing this to save the brand. Like the Cayenne and they built that thing and brought a Slava.
Ken
Yep. It is. I mean, the hopeful. The. The D or the DVX was kind of their hail Mary to like to save the brand to make an suv, but it didn't work. So you got a point. It's like, go back, just make some crazy stuff.
Doug DeMuro
If they made a beautiful like Aston Martin level, beautiful mid engine exotic car that was good with a V8.
Ken
And then have James Bond drive it in the next James Bond movie perhaps.
Doug DeMuro
You got it. You got a Ferrari F8 competitor or whatever the new Ferraris call that. And no one pays attention anymore with a manual transmission. A beautiful car, beautiful brand name. That's what people want. Look at what people are. I don't agree with that. Look at what people are paying $300,000 for on the used market. You think you wouldn't go and buy one of these things? Gordon Murray Academy T50. He sold 5 billion of those at $7 billion a car. I don't know the exact numbers, but it would. That's a, that's a close estimate.
Ken
It's a close estimate.
Filippo
It wouldn't. Can't be worse than what it did now. I'll give you that.
Doug DeMuro
It can't be worse than how it is now.
Filippo
Yeah.
Doug DeMuro
It's also.
Filippo
I consider the sale of Aston Martin as a brand McLaren to just be like financial movement around money.
Doug DeMuro
Totally.
Filippo
That doesn't impact anything.
Doug DeMuro
I completely agree. Like it's just what people like, oh, it's bankrupt again. Well, that just means someone buys all the name and starts doing basically the same stuff again with similar assets and it never really does anything correct in our lifetime. We're going to look back on Aston's best period. Is that 0506 or they had the advantage and DB9, they had some good stuff. They had good momentum.
Ken
Vanquish s one of my all time favorite cars.
Doug DeMuro
They came out of that DB7 era and they had like good cars, good timing and didn't really cap.
Filippo
And then they built three cars that were technically different but looked identical.
Doug DeMuro
Them and Infiniti were killing it in 05. Okay, next news story.
Ken
Yes, Lamborghini. So Lamborghini on the other side of the exotic industry, right. Lamborghini has announced they're doing great. So the roost is sold out for 2026.
Doug DeMuro
You say it. That's how people, that's how you're supposed to say it.
Ken
The Revuelto is, has a two year waiting list and they announced that they have made. They have $2.6 billion in revenue so far this year and they've delivered 8,411 cars in 2024.
Filippo
How many cars Lamborghini sell? I have no concept.
Doug DeMuro
Apparently in 23 they sold just over 10,000 cars. The first time they ever broke the 10,000 mark. And that was an increase of 10% from 22. And now they're killing it. Again.
Filippo
Yeah.
Ken
And we haven't wrapped up the year yet. I mean it is, it is. It really speaks to something bigger I think, I think Lamborghini is kind of in there. What I was like crown there Luca de Montezemo era. There was a period where Ferrari was kind of an obscure manufacturer that made cars that were cool but they weren't selling a ton of them. But then all of a sudden like really the late 90s, early Lucas showed.
Doug DeMuro
Up when in Ferrari.
Ken
Lucas showed up in 19. He took over in 1989, I believe when Enzo Ferrari died in 1988 and immediately started making it more commercially successful. And obviously the Formula one team then started to do really well and those sorts of things, it really came together. I think Lamborghini is on the precipice of being that their sales numbers are incredible. The cars are really cool. There's an increasing interest in their older cars, as you well know. And so I think that the brand has, you know, you always used to be the, you know, the rich, you know, kind of drug dealers drove Lamborghinis. Well, Those people drive McLarens now.
Doug DeMuro
And you know, one great example. I totally agree with everything you've said. I think it's, it's completely clearly true. Lamborghini is totally. And by the way, Ferrari hasn't. It's not a zero sum game. Ferrari continues to excel, but Lamborghini is excelling in a way they never have before. And I think a great example of the proof of that is the revuelto compared to the SF90. The SF90 is a walking automotive disaster. They are losing enormous amounts of money in the secondary market. Like a laughable depreciation situation that Ferrari has not seen in since Enzo's lifetime. I mean it's crazy what's going on in the SF90 world. Meanwhile, revolt those on a two year waitlist. You and I could get an SF90 tomorrow if we walked in the dealership. And by the way, we'd get price, we'd get money off. Yeah, we better.
Ken
There might be some money on the hood.
Filippo
It's got to be.
Ken
But it is. Yeah, it is. It is interesting. I'm very curious to see how it continues to develop for Lamborghini because to be honest with you, I, as a die hard lifelong Ferrari fan, I never took Lamborghini seriously for the longest time because for exact reasons I outlined.
Doug DeMuro
Yep.
Ken
But now I. They make cars that I have to admit, Urus is not my thing. But they do make cars that are inherently more desirable.
Doug DeMuro
But Urus sells a lot and it's like Cayenne. Honestly, like, like they've, they've bankrolled a lot of this company. Successful success on the, on the back of this suv and it's kind of allowed them to push the envelope even more with Revolto. I gotta be honest, I drove Revolto. I thought it was the coolest thing in the world. I drove amazingly.
Ken
Do wish the styling were a little bit more extreme.
Doug DeMuro
I agree with that. And but I will say like Revuelto is actually another example of Lamborghini has been eating Ferrari's lunch in the mid engine V12 world since the Miura right. Mira comes out. It's a huge success. Daytona. Ferrari's like, oh God, we gotta go manage it. So they go manager, the boxer, the Testarossa trying to beat out the Countach. They fail and eventually retreat to the 550 Marathon.
Ken
I don't know exactly what you mean by fail. They sold all commercially, they were way more successful.
Doug DeMuro
And yet everyone prefers the Lambos very much. Including the car market today where Countach is a million bucks. And a Testarossa, you can still find one for like 87 5. Well again had the differential explode, which most of them have.
Ken
Right. Well, let's not get into reliability. You have to pull the entire engine and transmission out of one unit with a crane just to service the car.
Doug DeMuro
Regularly is pulled out by George Evans with a tow truck.
Ken
Okay, a guy, you know, a guy in Ohio with a couple of cold ones.
Filippo
What are they tow with?
Doug DeMuro
But I don't know. But I will say I have pictures of when they did the major service in my carnot5 and guess what they're using to pull out the engine? A tow truck. Presumably the same one.
Ken
But to your point, one wonders if that's also not supply and demand. If there are a lot of Testarossas around. Therefore the price stays regardless.
Doug DeMuro
It is clear that Lamborghini is on an amazing path. And to be honest, as a Lamborghini owner, which I barely think of myself as, but I guess I am, it's hard to imagine as a Lamborghini owner, I do wish they would go into motorsport. I think that the one thing they're missing from especially the old cars becoming like really beloved is the motorsport success that Ferrari has, which I think will always elevate Ferrari to a higher level.
Ken
But the difference they do have some cars like compete in motorsport. The difference is Ferrari has done that since day one. They have always been a race team. That's their thing.
Doug DeMuro
But I really think that if you just show up late and you're really successful, you can still have that history, like maybe here in your Ferrari, but.
Ken
Formula one, one of the largest spectator sports in the world is Ferrari and Ferrari is Formula one. That level, I don't think you'd have to.
Doug DeMuro
You'd probably have to do something else.
Ken
You absolutely do. And also Ferrari now is doing very well in le mans. So, like, you'd have to do le mans. And I'll tell you something, that would.
Doug DeMuro
Be something that would be cool as hell. Purpose built LMP cars going up next to each other. Win on Sunday, sell on Monday, or win overnight on a Friday through Sunday escapade at le Mans in the rain and then sell on Monday.
Filippo
Although Lamborghini already had the YouTuber presence, every single YouTuber has a Lamborghini. And that's got to be worth something.
Doug DeMuro
Okay, on the subject of Lamborghini, I have some Lamborghini talking to do in our talk car segment. But first, an important announcement. Cars and bids will be at Radwood. Radwood SoCal, which is going to be in Long Beach. Cars and bids will be there. I will not be. I really wish I was. I love Radwood dearly. Dearly. I went to one a couple years ago. My Lamborghini won Radwood 19 in Sonoma. Thank you so much. Thank you, thank you.
Ken
I'd like to thank such a provenance.
Doug DeMuro
The academy, of course. But car, I'm not gonna be there. But cars and bids will.
Filippo
Yep. So go, go find our tent. Go check out some of the cars that we'll have on display there, including a card that'll be live on cars very soon. Yeah, and go meet our team.
Ken
And I won't be there either.
Doug DeMuro
To be clear, our producer Sean will be there and he is way cooler than all of us. And he has a tip. Frog. This episode is brought to you by Manscaped, the global leader in men's lifestyle and grooming. Every man knows the unbeatable finish of a fresh barbershop shave. Now, what if I told you that you no longer have to wait weeks or even months between appointments to experience it? You may have noticed my recent dabbling with facial hair. Well, like choosing a vehicle, there are many options out there for shaving products. I choose the Manscaped Chairman Pro package, the newest offering from Manscaped. Whether after that daily silky smooth finish or you prefer to maintain a rugged five o'clock shadow, this has you covered. You have the skin safe four blade foil for that close, smooth shave. When you're Looking to go completely clean. And you have the skin safe stubble trimmer for when you want to keep a bit of that rugged look. Both heads are designed with skin safe technology to help reduce razor burn and irritation so your skin feels smooth and comfortable after every shave, reducing redness or discomfort. Plus, one of my favorite quirks and features of the Chairman Pro is that its waterproof proof. Yep, you can use it right in the shower. And it also simplifies cleanup, too. Just a quick rinse under the sink and you're all set. Get the Chairman Pro package today and experience a shave that's as smooth as you deserve. It has everything you need to keep your face looking and feeling its best. All in one box. Get 20% off plus free shipping with the code cars@manscaped.com that's 20% off plus free shipping with THE CODE cars@manscaped.com. move on to the talk car segment. I want to talk about Lamborghini. Oh, Lamborghini. We were just talking about Lamborghini.
Filippo
Yeah, there's a lot of Lamborghini this show.
Doug DeMuro
Lamborghini. I have a theory that Lamborghini supercars are the next Ferrari supercars.
Filippo
Like, I mean, supercar meaning Ferrari.
Doug DeMuro
The 288 GTO, the F40, the F50, the Enzo, the LaFerrari, and whatever the new one is called. I can't remember.
Ken
The BMW F80.
Doug DeMuro
Yep. Okay. That's like the thing that rich guys have, right?
Filippo
Really.
Doug DeMuro
And the SV3 Lamborghini Mura, Countach, Diablo, Mercy. I think that one day having those big four will also be something. Okay, right now you can buy all four of those for $3.8 million if you go to Ferrari. I've calculated this last night. You got to spend 20 million to get the big. The big whatever. The. I don't even know in the F80. Who knows what it's going to cost.
Ken
3.5 million, I think is where it's going to start. At least they said. But if you get one and you won't.
Doug DeMuro
So 25 million to get the Ferrari supercars. Right now the Lambos are four.
Ken
I. Well, I understand conceptually what you're saying. I think it gets confusing because, like, sure, you could get a countach. Which one of the 11 variants do you have to get? The ultimate of each one?
Doug DeMuro
I don't know. Maybe.
Ken
And then which one's the ultimate of each one?
Doug DeMuro
Yeah.
Ken
And so like that becomes an argument. So I think it's a little bit cloudier than what you're saying. Exactly. But I agree that having gonna be.
Doug DeMuro
Quite like Ferrari, but like even Ferrari isn't like Ferrari anymore because like which la Ferrari get the aperture or not? Do you count the Daytona SP3? Do you count the Daytona SP3? Do you. Et cetera, et cetera. Right now starting to get a little cloudy in the Ferrari world.
Ken
Starting to fracture.
Doug DeMuro
Right. And so that will be true. But the Lambo did Lambo supercars, mark my words, will be like the Ferrari super.
Ken
Well, I mean it. The market agrees with you and that there has been a dramatic appreciation of all the cars.
Doug DeMuro
They're going up and I. There was a time when the Ferrari supercars were just not all that valuable. I mean, 288 GTOs when I was like in college were like $250,000 cars.
Ken
Yeah, F40s were 350.
Doug DeMuro
You know, I reviewed an F40 one time and I said it cost in the title. I wrote it cost a million dollars to try to get some sweet, sweet clicks. And I got hate mail about how I was lying about how much it cost if I could buy that car for a million dollars. Now I eat Filipo. If someone came in and said, I'll give you F40 for a millionaire. You got to eat Philippa. That's all right.
Ken
You'd say, do you have another one? I'll buy. I'll take two.
Doug DeMuro
I'll take two. I'll eat Canon the Lamborghini supercars. You should think about this as your next investment.
Filippo
I will do zero thinking about this with her.
Doug DeMuro
Okay, Filipo. Filipo's being cagey because he wants. We had a incident the last time he was on this podcast, remember? And now he has to explain.
Filippo
Yes, I was gone last week because I was on the east coast. And while I was there, I test drove a 997.2 space cabret.
Doug DeMuro
And you said, I told you I'm not going to talk about you buying a car again unless you buy that car. Right?
Filippo
Well, I, I, I don't. It's not here. No. Nor is it in my legal possession.
Ken
Did you steal it? No.
Filippo
It was fine.
Doug DeMuro
I liked it.
Filippo
I would buy one. The guy just wants five grand more than I think it's worth.
Doug DeMuro
Okay, that's fine.
Filippo
He did go down a grand on price. No additional interest since he and I text sometimes. I told him to keep texting me as he lowers the price. And then eventually we'll get to an agreement. It's like having Nick here eventually gets an agreement. It was fine, though.
Doug DeMuro
I didn't love It. What do you mean you didn't love?
Filippo
I liked it. 345 horsepower.
Doug DeMuro
345.
Filippo
Can I make a suggestive isn't what it has.
Doug DeMuro
Can I make for base. My suggestion is you will not love anything. You're not the type of person who loves.
Filippo
Should I just give up?
Doug DeMuro
He loves. I think you should. I have thought about this a lot. You had all the special cars. Miata. You had a Miata. You had the 500 a bar. You had a manual X5 which is a very well known enthusiast automobile.
Ken
Sporty indeed, high performance.
Doug DeMuro
You had that Corvette. But you're not pursuing one. Like I think maybe it's just time you say you're never going to find the car and you should just get some sort of a cura.
Filippo
Well, I really have my two cars. They're fine.
Doug DeMuro
How about an Acura, which Akira you really like? Like a boring one. Like a non.
Filippo
For a while you were pushing an nsx.
Doug DeMuro
No, I don't think you'd fall in love with that either.
Filippo
I wouldn't.
Doug DeMuro
You should get. You know what you should get? You should get the 2. The 2.2 CL that came out in 97 with the line down the middle of it with an automatic and just be like, that's.
Filippo
The automatic will stop working tomorrow.
Doug DeMuro
So. No, no, that was. That was a later problem.
Ken
You seem to conceptually have owned these cars in your mind already and like are done and that may be enough for you.
Doug DeMuro
That's so true. That's so true.
Filippo
That's an interesting point.
Doug DeMuro
He gets in his head about a car. He thinks about them. He not only thinks about buying them, but then thinks about not having them. He has the entire ownership journey in his mind.
Ken
And the best part is.
Doug DeMuro
And then he moves on.
Filippo
Yeah, well, I am keeping my eyes very much out for other things. Things that seem interesting.
Ken
You're not gonna find anything. I hate to break it to you. Yeah, I think you're kind of.
Filippo
I think at some point I will make an impulse purchase, but it'll be like a 987 Boxster.
Ken
I'll bet you you don't. I would put money on this.
Filippo
I've. I've bought other cars kind of.
Ken
Yeah, you've been on a lot.
Filippo
Most of my bidding is the problem.
Doug DeMuro
Is that what Felipe buys on impulse and what he actually wants are very different. He buys impulse stuff because it's convenient to him and cheap and he actually wants stuff that would take some effort to find, like a 997.2 cab. An S. Because apparently you want more power to find a good one. I don't take effort. Like, you need to set search results. You need to bid on stuff on our site and the others, you need to, like, go after stuff on Renlist or in, like, the Porsche Club magazine. That's how you would have to do it. And you're never going to put in that level of effort.
Filippo
No. But I do check Facebook marketplace a lot.
Doug DeMuro
That's because you're looking for local stuff that's cheap. Yeah.
Ken
At the end of his street.
Doug DeMuro
That's what he's. But if you want to try, if you want to really find, like, a great example of good, you have to be, like, focused. You'll never be.
Filippo
I think this comes in ebbs and flows, comes in waves. For me. I was weird. I. I was looking at other things. I was. I had reached out to other. Other cars.
Doug DeMuro
Okay. The rule is made on the pod.
Filippo
I'm not talking about it.
Doug DeMuro
Cars with Filipo anymore, unless he has, like, got the cash in his pocket.
Ken
He's got the cash.
Doug DeMuro
No, in his pocket. Like he's buying.
Ken
I want him having to hold the title in his hands.
Filippo
I'm not going to buy a $40,000 car with cash. That seems insane.
Doug DeMuro
Okay, Kenan, we move on. What do you got for us?
Ken
Well, I want. I discovered something interesting recently. It actually came up in an Instagram post. But you know the Ferrari Enzo? You're familiar the Enzo Ferrari? I'm gonna type in Ferrari Enzo because otherwise the guy comes up.
Filippo
Yep. The unfortunate part of it.
Ken
Now, you are aware, of course, that it has two mirrors like most cars.
Doug DeMuro
Yes.
Ken
However, they're different sizes. If you look closely, the one on the driver's side is longer than the one on the passenger side. Now, I suppose this is because, like, it needed to clear. Like, the visibility needed to cut. But I had never noticed this until somebody pointed out.
Doug DeMuro
Don't you agree it looks the same? Yeah.
Filippo
I'm so glad to see this.
Ken
They are actually different. I think the drive covered it, but there. There are different sizes, like, which I can't.
Doug DeMuro
Wait. Go back. Go down. Go down. There's the Instagram post. Go down.
Filippo
Yeah.
Doug DeMuro
We don't have.
Ken
What? Oh, it's a video.
Doug DeMuro
It's a video.
Ken
But I. I never, like, I had never noticed that.
Doug DeMuro
Okay, so this is the video. Look.
Ken
They're completely different sizes.
Doug DeMuro
No way. It's not even close.
Ken
It's not even close. Close. The mirrors are totally different.
Doug DeMuro
124 E class did this I do, actually.
Ken
But look at that.
Doug DeMuro
That's very different. I agree with you. Wow. Who knew?
Ken
But I never once noticed it looking at the car like. And I have stared at Enzo for a while. Look, don't you agree?
Doug DeMuro
The main thing we noticed is that it looks like a grasshopper and that the front overhang is as long as a softball field. That one looks good with no front overhang. That's how it should have looked.
Ken
Oe looks like half an ante. Yeah. The Enzo. I think the Enzo's aged actually remarkably well, personally.
Filippo
Oh, wow. That mirror looks huge. Can I ask a question? You've driven a Maserati MT12?
Doug DeMuro
Yeah.
Filippo
True. There too. Or no. Ooh.
Doug DeMuro
That's something that we'll have to find out. But before we do, I have one more talk car segment that it's finally time for me to get off my chest in public.
Ken
Uh oh.
Doug DeMuro
As we've talked about many times.
Filippo
What is this the word?
Doug DeMuro
The Ford Crown Victoria. Yeah, The Crown Vic, as they say, a hero to the blue collar car community.
Filippo
The grand marquee.
Doug DeMuro
You go to any small town in Indiana and there's some kid who's like us who just wants to screw around with cars, and he's driving a Crown Vic. Right? Like, that's the thing about that car. They were cheap. They were cheap to own. People drift them, people crash them into stuff. People mod them for destruction, derbies and off roading. It's like the blue collar dream car.
Filippo
Do people still do that? Or that?
Doug DeMuro
End of 2012, it's still going on. And you know what the weird thing about that is? The name. It's called the Crown Victoria. It's named for, like, the. It's got, like, the most British name. Like, the most, like, British, like, royalty name in history. Like, this car is. There's not a Crown Victoria in the country that isn't driving around with, like, crushed energy drink cans in the back wheel in the back passenger footwell.
Filippo
Yep.
Doug DeMuro
And it's the Crown Victoria. How come this is never discussed?
Ken
It's such a good point.
Filippo
Great question.
Ken
This is. Sometimes you have these ideas and I have a list on my phone where I write them down. I brought this one up to him recently, and that's why he's mentioning Victoria.
Doug DeMuro
It is insane. It is insane that the blue collar hero car has the most proper, stately British name. If Jaguar came out with a flagship luxury sedan and called it the Crown Victoria, that would make sense. And it costs $200,000. It's. Unfortunately, they're taking A year off from. Right, from the automotive industry. Right.
Ken
To ski instruction in Aspen.
Doug DeMuro
Right. But instead Ford did it on their like taxi that kids buy and mod cheaply.
Filippo
Great point.
Doug DeMuro
And spray paint the body because you can do that.
Ken
There must be a story behind why they chose.
Doug DeMuro
Well, it's a historic name. I mean there was a time when the Crown Victoria was like the top trim of their ltd and it was supposed to be the luxury but it but degraded and now. And now it's like literally the hero of red state America. The Crown Victoria. And it's the Crown Victoria. So stupid.
Ken
That's a good point.
Doug DeMuro
How did this happen? How do we allow ourselves to be invaded by the British even though we beat them the first time?
Ken
Maybe they. They finally they got the last laugh. Took a couple hundred years, but they got the last line.
Doug DeMuro
Okay, we need to move on to our market report which is not brought to you by Cars and Bids. It's brought to you by very distinct, very different. The Cars and Bids app. Yep.
Filippo
You can download it on the Apple App Store right now.
Doug DeMuro
Go to carsandbids.com app.
Filippo
No, don't. Fine.
Doug DeMuro
Go to the App Store. Download the Cars and Bids app. Sean's mad. What?
Ken
It's an app.
Filippo
It's Cars and Bids form in the description. You'll find a link and also you can go to the iOS it is.
Doug DeMuro
My personal favorite way to consume Cars and bids on the app.
Filippo
Yep.
Doug DeMuro
Because I can bid.
Filippo
You can get push notifications. You can get alert when a car you like lists.
Doug DeMuro
I do get alerts.
Filippo
Good as of when I bid. But actually a feature we offer can't.
Ken
Set up for a user. But yeah.
Doug DeMuro
Okay. The cars have been depth anyway market report. Filippo, tell us a couple of things.
Filippo
Yeah. We have somebody that we very exciting selling a car with us right now.
Doug DeMuro
Is it Bernie Madoff?
Filippo
No, we actually have two people. One is a short form creator called Slick Stevie who's selling a Baja Bug with us.
Doug DeMuro
I love this thing.
Filippo
It's so good.
Doug DeMuro
So good.
Ken
That is so cool.
Filippo
It's so cool. He bought it on our site a few months ago. Now he's selling it after making it.
Doug DeMuro
Her be believe it or not. He bought it largely looking like this just. And now he made it even cooler. Wait, go back to the rear photo, please. Oh yeah. What is this bizarre Florida license plate? It's a couple people out on like a. On like a fan boat.
Filippo
Florida Bay.
Doug DeMuro
Florida Bay forever, man. Florida really does it. Anyway. Yeah, this is on the other car.
Filippo
That we have live right now that's really exciting. Is a Lotus Amira sold by none other than the Strad man.
Doug DeMuro
The Stradman. Not a Strad man.
Filippo
No, no, the Strad man.
Doug DeMuro
This is James.
Filippo
James.
Doug DeMuro
I know James personally. Yeah, I don't know his last name. I think it might be Strad man.
Filippo
But he still has a mirror with us, which is very exciting. Yep, I recognize.
Doug DeMuro
Beautiful car.
Filippo
I recognize you recognize the photos. It turns out that's where they were taken. And it's very exciting. And we love the Strad man. And the second channel. Strad.
Doug DeMuro
I do love the Strad.
Filippo
Yeah, I throw the Strad chose to sell it on cards and bids. Auction went live today day. So yesterday, when you all are watching this, betting's already at 7,30,000.
Doug DeMuro
7 $70,000. What is an Amira worth?
Filippo
We'll find out.
Doug DeMuro
Stradman. Stradman. Thank you for selling your Lotus Amir on our site. Okay, Ken. And give us the real good market report, which is very interesting. Yes.
Ken
So I discovered something recently. So, as you might know, I like the E39 M5 a lot.
Doug DeMuro
I know you don't say, but I.
Ken
Just actually discovered something interesting. So E39 M5 results have been pretty strong. I did a little more research on classic.com, which is a nice aggregate of like a lot of results. They've been pretty strong recently. But to get like a decent one, it kind of costs you the average, it turns out, over the last five years or the last year is $35,000, about what it's going to cost you.
Filippo
For like a night. For like average of anything public.
Ken
Yes, correct. Average of anything public. The BMW F10 M5, two generations later, about the same. So it actually costs, you know what happens? 4 grand more on average. So, yes, depreciation is really striking this car. The E3905 is ascending as a classic.
Doug DeMuro
That's actually a good point because the E6 is even cheaper, presumably worth. The E69.5 has out valued both of its successors. Successors? Yeah, I mean, it hasn't outvalued the F10 yet, but the writing's on that wall.
Ken
Yes, And I suspect now, of course, the F10 was available only as an. Or as it was available as an automatic and as a manual. I suspect the manual ones will be. Will hold their value substantially, which is.
Doug DeMuro
True when we sell them, although it's very uncommon.
Ken
Yes, but it is f. It's fascinating to me. Like the F10 M5 to me, still feels like a new car. I live in the Past. But I think of it as a new car and it offers a lot of modern tech and all great stuff.
Doug DeMuro
Yep.
Ken
The E39 definitely feels a lot more like a classic.
Doug DeMuro
But this is what happens. The. The used market values different things than the new market. New market values tech and you know, vehicle size and gimmicky performance.
Ken
But the. Yeah. And the other. The classic values experience and so. And I just think it was a fascinating. I never really thought about it that way.
Doug DeMuro
With that said, I think the F10 M5 is one of the sleeper cars. Agreed. I love the bargain. Click on this blue one. I just want to look at it. I love it. I know it's sacrilege but I think the F10 M5 is maybe the best looking M5.
Filippo
I agree with.
Doug DeMuro
I love how this car looks. Yeah.
Ken
I think it's second but.
Doug DeMuro
Yes, I. I know you do. Yeah. But either way it's up there. Like I think it's beautiful and it's a. The interior is fantastic. It's a very fun car to drive actually. Great powertrain maybe.
Ken
30. E34 M5 is a very good looking car too. It's this to me. It's the. For me Personally, if the E60 could be reliable, that would be reliable.
Doug DeMuro
We. We would all have E60 of times.
Filippo
Yes.
Ken
Agreed. Yes. We'd just be rolling our own in V10 manual sedan.
Filippo
I am manual.
Doug DeMuro
But. Right.
Ken
Yeah. I'll get there. But no. I agree. The F10 is one of my all time favorite M5s. I do wish they were a little more reliable. But welcome to BMW.
Doug DeMuro
Something that is hurting it on the used market because the ethernet M5 for all of your Canon decisions. Well, that's fairly reliable car. This car has some issues and I think that continues to drive prices.
Filippo
Yeah.
Ken
Again my car hasn't been unreliable. I just expected be Mechanically perfect at 240000 miles. I will tell you a lot of money.
Doug DeMuro
You want to see something crazy? We've been talking about this also. E39.5. 30 grand gets a good one. Eat F10 M5 looks like 30 grand gets you a good one. Go to F90.
Ken
Yeah.
Doug DeMuro
Oh, um. 5 F90. I remember reviewing this car at a dealer when it just came out. We've been.
Ken
They've been sinking.
Filippo
Whoa.
Doug DeMuro
Been selling that. We. We had an RNM at 43. We had a couple sales in the low 50s. This car ain't far. This is to me. You want to talk about what feels like a new car. This.
Filippo
Unfortunately it's uglier and just worse.
Ken
And auto only and all uglier.
Doug DeMuro
Auto only bigger. Etc. However, it's really fast, it's got amazing tech. And this car is only, I mean this is a 20,000 mile car. Like it may have engine issues someday.
Filippo
But you got a long way to go.
Doug DeMuro
And it's 55 G's right?
Ken
I agree. And Nick and I actually discussed this on like the Cars and Bids channel last week when we were highlighting cars that were for sale. And this F. This F90 was one of them. But yeah, it really is. These are sinking and sinking fast. Sinking fast, but great to pick one up. As a used car.
Doug DeMuro
You get one of these. As a used car. The number starts with a four. It's pretty appealing, especially because we all know BMW has some engine issues. These cars are young. I mean they may develop issues later. But I just don't believe truthfully that an 18 BMW will have the kind of catastrophic failures that E60 M5s had. Yet you'd probably get five good years out of this car.
Ken
Right?
Doug DeMuro
This is the time to buy one of these. You'll lose 30 grand when they've depreciated some, but not to zero. And when they're a little older but not unreliable.
Ken
I am curious to see how the market treats them, especially with the new one coming out weighing, you know, twice as much as a small play.
Doug DeMuro
We all thought that this was the heavy, the heavy big one.
Filippo
Do we think that the F10 stick M5 will appreciate? It's the last of the manual M5.
Ken
And it was only offered in North.
Doug DeMuro
America, so it's cool.
Filippo
I thought they're not that expensive.
Doug DeMuro
And the M6 go, go back to F10.
Ken
But they are very. The M6 throne coupe.
Doug DeMuro
We've sold a couple.
Filippo
I know we've sold every single one that was ever created. There aren't many.
Ken
He believe me, he thought they were all modified.
Doug DeMuro
People swapped them go to sticks.
Ken
That is not true. They were available with manual.
Filippo
Like how much of this stick? 35 for a gray color, 1, 25 for that.
Doug DeMuro
You should get into this.
Ken
That'd be a good card for you.
Doug DeMuro
We're not discussing buying cars. This episode is sponsored by Turo. Turo is the world's largest car sharing marketplace. And with Turo, you can book any car you want, wherever you want it. With hosts across the us, Canada, the uk, France and Australia. You can browse a huge selection of vehicles for just about any location or budget. Book an SUV for a road trip, test drive an ev, or even get a supercar for a special occasion or a fun weekend with friends. Forget boring rental cars and find your drive@turo.com I use Turo all the time myself and I've scoured the Turo marketplace for the most interesting cars I can find and I've added them to my favorites list. Fun fact, you can search Turo without dates or location. Just put your location as anywhere and hit clear for the dates. I've done just that and I found about 30 of my favorite Turo cars and you can check out my personal Turo favorites by clicking the link in the description below. Okay, time for questions. Questions, questions, questions, questions. You can ask us questions. You go to carsandvids.com and you click on the Community tab and there will be a post that says please ask us questions in this post and then we will ask the highest rated questions no matter how.
Filippo
And if you do it from the app where you very easily get the community from the bottom nav bar and you say that, I will say thank you. Not not out loud, but I will thank you.
Doug DeMuro
I will think is probably apparently tied to app download. Okay.
Ken
Only incentive this month.
Doug DeMuro
Okay, questions. First question from Luis, which is spelled with a 1. What do mods slash up? What mod slash upgrades do you believe retain or even improve car resale values the most? On the opposite side, what mods do you believe believe hurt resale value? The most excellent question.
Ken
I'll answer the latter part first. Most mods hurt the value of the.
Doug DeMuro
Car, but some do more than others.
Ken
But some do a lot more than others. We were talking about.
Filippo
Yeah, I of the mods that don't matter like are easily changeable. I truly think the tinting tail lights and headlights is the most immediate drop for a mod that doesn't matter.
Doug DeMuro
I agree with that. And black wheels from era where cars didn't have black wheels. Any car from the mid-2000s when black wheels was not a thing. You put black wheels on it instantly it's uglier and it says that the person is maybe sketchy. I also would submit to you that any wheel that our friend Nick thinks is attractive is a value decline in a car.
Ken
I would say to expand that a little bit more, I would say yeah. Any car with aftermarket wheels that are clearly aftermarket, not always, I think most of the time is going to hurt.
Doug DeMuro
I don't think it'll necessarily hurt the value in a lot of cases I think it doesn't help. I think that some do hurt the value.
Filippo
Yeah.
Doug DeMuro
And I think that some help the Value. But I think.
Ken
Well I. Let's put it this way. If you're selling a car on the site and it has aftermarket wheels and you have stock wheels, put the stock wheels.
Doug DeMuro
I completely agree generally with a couple exceptions. But yeah there are a few exceptions but I generally agree with that. You should put the stock wheels back on when you go to sell a car. I have seen some cars list that I'm just like. If you had just put the stock wheels back on you would have gotten.
Ken
And they have them. They're like other sections here.
Doug DeMuro
You can put them on. You put them on. Yeah. You want to make the money on the car.
Filippo
You know what I think universally helps well known reliability modifications.
Doug DeMuro
Reliability. Absolutely.
Filippo
To like fix like a specific issue that that car has that everybody knows has.
Doug DeMuro
Absolutely. That's better head bolts in the than the 63s rod bearings in the E60 M5 manual transmission and E46 M3.
Ken
That's a conversion.
Doug DeMuro
Countach has a bunch.
Ken
355 has a ton. Headers.
Doug DeMuro
Headers. If you do those mods people will instantly be like yep, that's a. Something I don't have to do.
Filippo
Right.
Ken
Right. I. I totally agree with that. That's the one.
Filippo
And we'll also show that you care about the car. You care about the car long term.
Doug DeMuro
There are other mods though that add value legitimately.
Ken
There are some like the. The Porsche head unit that adds car planes.
Doug DeMuro
Yeah. Porsche head unit that adds a good one. I think in some cars that are very clearly track based, racy type things. Something like a roll cage can add value or. Or race seats or something like that.
Ken
Off roaders are another one.
Doug DeMuro
Off roaders have some value adds with good lifts and that those parts can be expensive and difficult to install. And so people who have already done that on cars that are very commonly off roaded often get some money for them.
Filippo
Things that demonstrate that you care a lot about having the best, the most reliable, the safest. Like a roll cage indicates. Oh I actually.
Doug DeMuro
Right.
Filippo
Yeah. You know I tried this car but also I cared. Or like Olin's damp Olin's shots or whatever on some modification like.
Doug DeMuro
Yeah. High quality.
Ken
High quality parts.
Doug DeMuro
Yeah.
Filippo
You won't get back the full money from truck.
Doug DeMuro
You won't get back the full money. But like a nine. An original nine PA Cayenne.
Filippo
Wow.
Doug DeMuro
That's been modded off road. Modded gets more money than one that hasn't. I don't think you get dollar for dollar back on the mods but it Certainly is more desirable and more valuable than.
Ken
Yeah, I was trying to find an example of. Oh, I mean, we've had a number.
Doug DeMuro
Okay, that's a good question. And I think Luis 1:1 has a good question. I think we've successfully answered it. Next question from oes. Yes, this is a great question. One of the best we've ever been asked.
Filippo
Wow.
Doug DeMuro
Kenneth, if you could Magically change the M5's color to any other BMW factory color, would you. And what color would you choose? Same thing for Doug and the Carrera GT with Porsche colors.
Ken
Yep, absolutely. In fact, when I ordered, I didn't order when I bought my M5. Like I didn't want silver. I specifically didn't want titanium silver. No. I wanted a 2000 Avis Blue with the two tone interior in full leather. Very, very, very, very rare. I think they only made 17 or 19. My friend Luke has one and that's what I wanted. I even looked at it. I've like, I was negotiating on one in Chicago at the time, but really just the numbers didn't work out and I was getting discouraged. And eventually that one came up. And the condition of that car was so good. That's why I bought it in the.
Doug DeMuro
Interesting.
Ken
But yeah, Avis blue, in my opinion was the best color. And it was, it was replaced by Le Mans blue when they facelifted the car. But Avis was very pretty. It was offered on the E36 M3 as well. And that to me is like, that's the one that would be the one with the full leather, two tone interior.
Doug DeMuro
So they're out there.
Ken
Sport interior. They are out there. I see them occasionally. But it's rare, Very rare. And only available for 2000.
Doug DeMuro
Me and the Kreger GT. I have a bizarre color history of the Kreger GT. I really loved the yellow. The yellow was the thing of stance. Yellow is what it's called, the special color that they started with the creature tee. I really wanted it. All I wanted. And then, and then over time my taste started to shift a little. And by the time I bought the car, fancy yellow was way too expensive.
Ken
Yeah.
Doug DeMuro
And to be frank, I preferred silver. And it's funny, I was thinking about this last night when I wrote this question down and started thinking about it. Ford gt. I have never preferred the color I bought. To this day I wish my car was white with blue stripes to this day.
Ken
So surprised.
Doug DeMuro
Career gt I never have wished it was yellow. There was not a. People always like, when are you gonna get your yellow one? And I'm like, hopefully never. It looks like a banana. I actually prefer silver.
Filippo
We know that there were.
Doug DeMuro
But I actually. And I know that I prefer silver because for the Ford gt, I've never been able to get out of my head that I don't prefer that car's color. And I always think about it. And Carrera gt I never think about it. So I really legitimately think, however, if I could have any color on that car, I don't know. Personally, I think the career like, cars look best in the colors the manufacturer offered. Like, I think when people do color changes, it doesn't necessarily work in the way you don't. That's not the color of the car. It's not correct. And so for that car, it was silver, steel gray, black, other black, red and yellow. And I think silver looks the best on the car.
Filippo
Yeah, silver metallic is a great.
Doug DeMuro
I truly do. However, if I could move beyond the Career GT color palette, I mean, I don't know, like in Azure, California, I think would look cool. Zanzibar red was another, like, reddish brownish. They did. That was cool. But I'm not sure would look great on Career gt. Anyway, people are doing all these Career GT color changes now. The factory is doing them. Certain dealerships are doing them. There are certain modifiers, aftermarket modifiers that Graham Rahul that are doing them. I don't think any of them look better than the OE colors, to be honest. But I'm an OE guy. I like always. It's who I am.
Filippo
Everybody should keep in mind that every other car that Doug owns is white.
Ken
Well, Doug. Doug likes owning cars in the. So this is kind of along the Azure, California.
Doug DeMuro
Yeah. Golf blue, Porsche.
Ken
Golf blue is.
Doug DeMuro
Porsche did some Golf blue. I'm just not. I just thought.
Filippo
I think you're right about GT Silver Seal.
Doug DeMuro
I actually think Seal is better looking than GT silver, but to me, the car just looks best in GT silver. Anyway, we're splitting hairs at this point, but the answer is I really like the car in silver, which is odd and. And disappointing.
Ken
Both of us like, such a shame. I know.
Doug DeMuro
But you have a good answer to this question. I really don't. I think I would. Silver is just what it is in my mind. A courier to see is silver with a brown chair.
Ken
I'm going to be honest with you. I'm thrilled that I have silver. It makes it a lot easier to live with when it gets slightly dirty.
Doug DeMuro
If he had anything else dark color car.
Filippo
You all should hear what Kenan has said about full Leather interiors.
Ken
He hard to take care of the car.
Doug DeMuro
He'd be cleaning the car. Literally. Now be like, time for the pie. Like, no, no. Okay, next question from Amir Hassan, 722. As a senior, graduating college soon. As a senior in college, graduating soon. Any advice on how to land a job like Doug had at Porsche early in his career? Filipo?
Filippo
I got no advice. You. You, you had the job.
Doug DeMuro
Filipo got a job, though, when he got.
Filippo
Of course.
Doug DeMuro
How'd you get that?
Filippo
I don't have a good answer for this.
Doug DeMuro
I don't know. I don't know what the answer is. A job. Like, I'll tell you this, and I'm very, very serious about this. People make a lot on the Internet of what job I had at Porsche. People are like, he made a lot of money when he was working at Porsche. I had like the most entry level job that ever existed at Porsche. I was getting paid $48,000 a year. And it was like, not people are like, how did you get this special job? I sat at a computer all day doing Excel. Like, this wasn't something. This wasn't like a, like an amazing thing, to be honest. My answer to this question is I've. And I've always told this to people like, you should consider starting working at a dealership. I think dealership life gives you an unbelievable amount of automotive experience. You. That is where everything happens and tons of upside. And when I then went into the actual industry into like the main. For the manufacturer, I knew so much more because I had worked at a dealership before that. Getting into work at a manufacturer is hard, but it's not as glamorous as people think. I went to work next to a. You know, we went to Chipotle for lunch every day, and we sat at Excel. Like, it wasn't, it wasn't different from if I was working at the company that makes.
Ken
It's corporate, but for a cool company.
Doug DeMuro
Yeah, that helps.
Filippo
You went to Chipotle, lunch in your company. 997.2.
Doug DeMuro
Yeah, but that was, that was a company car that I was leasing from the company and took my pay. You should have seen. I was taking home like 1100 bucks a paycheck. Like, it was, it was a situation.
Ken
I. So as the person who has most recently gone through this for the automotive industry, like, I agree with you 100%. I worked for the largest exotic car dealership in the country, and I learned a lot about different parts of the industry for new cars, for old cars, for how it all Works and, and that. And I also learned what I liked and didn't like about that, like that specific part of the industry. And that was tremendously helpful. And additionally, I met tons and tons of great people who I'm very close friends with in the industry and going to events, talking to those people, how they got started in their career, and just being friendly in general. I started talking to you just casually about f 50s and then you asked me what I wanted to do.
Filippo
I wanted to work for an auction company, live in Southern California, where Kevin's at now.
Doug DeMuro
Right.
Filippo
I think it's also lot of like, you just sometimes have to build your way up to that by proving that you're competent.
Doug DeMuro
Yeah.
Filippo
If you are, even if you're working a different job, if you're competent, then you develop the skills.
Ken
And also, like, I would note on that, I would say, like, if you're going to. When you're building those relationships, build them as friends. Like, don't build it as like, I'm angling to get this job when this person has it or whatever. Like, that's not the right way to approach it. Genuinely invest in the relationships and have genuine passion and enthusiasm for the cars that you're interested in. That the purest enthusiasm carries you a long way, I think. And you certainly had it when it comes to.
Doug DeMuro
Yeah. Yeah. And honestly, I don't, I don't regret having that job. But I also don't think that job is quite as like, when you're a senior in college, your whole world is devoted to like getting a cool job at a cool. That job wasn't as special as. As you might think. Like, there's a lot of cool jobs out there. And that job, it was eleven hundred dollars a month that I was making after my company car.
Filippo
Well, that, that seems like a perfect job.
Doug DeMuro
When you're 21, you can, you can drive around 1100amonth, but you're driving a 911. That's like the dream.
Ken
Yeah.
Doug DeMuro
Okay, next question. And this is from Next question. This. I'm gonna do two more cap. Okay, next question. We're gonna do two more. Two more questions. This next one is from JSTurty388, given that Amazon confirmed the Grand Tour will get three new hosts. Are you guys going for it? Why or why not? Not years ago, they reached out to me for one of the shows. Maybe it's Top Gear. I don't remember. And you should have seen what you had to do. You had to, like, agree that you would not post on social. Unless they approved it and you had to agree. And it was like, I already make more money than on YouTube and I'm more. I have more freedom. Like, I have zero interest in this. I didn't even reply to the casting call. Like, it wasn't even interesting to me. I think at the end of the day, like, TV shoots are not my thing. I like low production, quick moving stuff, Philippa.
Filippo
Plus, we can do things that are even better. Like we have coming out next week. Stay tuned. Did you want me to actually answer the question?
Doug DeMuro
Yeah.
Filippo
Oh, I would literally never. I love being part of the content with you guys, my friends. It's wonderful. It is also a, like, very small portion of my actual job here at Carson Beds, and I like the remaining portion of my core job here.
Doug DeMuro
When we set up a podcast, we. We were, like, about to start shooting one day and we were like, oh, no, who are we going to have on it? Philippa, why don't you come join?
Filippo
Yeah. It was excellent planning all around. And he.
Doug DeMuro
And every time we do the pod, he resents us.
Ken
No, I sense it every time.
Filippo
I only. I only resent it when you're late.
Ken
But it gives him a chance to talk about normal cars, like, the car business, which he loves more than anything else.
Filippo
I had a topic today about a Chevy Malibu, and you refute to talk about it reasonably.
Doug DeMuro
And so I think the answer is no. Kenneth, would you go on the Grand Tour?
Ken
No, I'm a fan of, like, I was a fan of. Here's the thing. You're always going to be compared the trio that did it no matter what you do, and nobody does it better than those three. I want to see Jeremy Clarkson, Richard Heaven, and James May, especially James May, doing what they do because they sell gin. Now, I know I have some wonderful. But, like, I truly feel that, like, they're in entertainment history. They're one of the greatest trios, period. And they did it for so long at such a high level. Why compete with. It's not that it would be competition with that, but, like, you just can't capture that kind of lightning in a bottle more than once. And I. And there. I love watching the old stuff from Top Gear in the Grand Tour. Like, they did it really well. I'm sad it's gone, of course, but they left us with quite a body of work.
Doug DeMuro
Yep, I agree with that. I do think that you would be a very good James May replacement, though.
Ken
No one replaces James, but he is my spirit animal, that's for sure.
Doug DeMuro
Final question. From P33KYN. Sounds like a British license plate. Hi. How do you all feel about being called yuppies by Scotty Kilmer? In his recent video, Doug Demiro is talking crap about me, and here's what I have to say. All right, I want to address this. A lot of people sent me this video.
Filippo
Did you watch it?
Doug DeMuro
No. And here's why. Scotty. I actually have a lot of respect for Scotty because he just gets unreal views. But here's the deal. Unreal concern. I wish I could do what Scotty does. He's like, in his house yelling at the camera, and he makes. Gets tons of views. But for years, I. As I got more and more popular on YouTube, a lot of people started to use my name in videos. Like, Doug Demiro said, this. Here's why he's wrong. Or I hate Doug Demiro or Doug Demiro, whatever. And to be perfectly honest, I never watched any of that stuff. I think it's a cheap way to get views. And I'm kind of busy. Like, I don't really watch. I truly like. What am I going to click? What am I going to watch? The Scotty Kilmer? What? You tell me. What am I going to. When am I going to sit down and be like, instead of playing with my kids or playing with Canon? Well, I'm going to instead watch a Scotty Kilmer video or any of these people who have used this. And I think, you know, whenever you can, like, simulate strife on YouTube or in columns, articles, it gets a lot of clicks. And so I never read anything.
Filippo
What about being called yuppie specifically? How do you feel?
Doug DeMuro
Scotty Kilmer has a way of talking. I love Scotty. Oh, legit mad respect to Scotty. He'll probably make another angry video about this, or maybe he'll be happy with this. I have no idea. And I promise you, I won't watch it. I've noticed it for years. I've noticed this. Like, people would be like, oh, Doug said this. I'm gonna do this video and include his name in the title. Because that starts this, like, this, like, structure. And it's so funny. People complain about, like, oh, the, you know, journalism is this, and so will you click on it. Like, people click on this stuff. They love this. They love this drama. And I won't participate. You will never see me complaining about any YouTuber and definitely not putting in the title of any video. That is not the way things work in this content business.
Filippo
I really assume that you've. At the very least had Nick watch it because Nick, who's watching the podcast, I think watch every YouTuber, so I.
Doug DeMuro
Just assume he knew I watched it myself. But I certainly won't and certainly. Should we start a beef with somebody right now?
Ken
No, I don't think so.
Doug DeMuro
I don't have anybody to start a beef with, though. Like, I don't have any negative feelings about a lot. Some people have negative feelings toward me, but I love all.
Filippo
We just have a lot of love towards specifically who.
Doug DeMuro
Whistling Diesel. Yeah. I mean, Whistling Diesel is number one, then Hoovy.
Filippo
Right?
Doug DeMuro
Maybe we should.
Ken
Maybe that's what starts.
Doug DeMuro
Maybe we should start a beef with Tavares. What? You is Tavares?
Ken
No. Freddy's great. Leave Freddy alone.
Doug DeMuro
All right, that's the end of that. Ladies and gentlemen, it was the best podcast ever done. Any parting words?
Filippo
Yeah. Download the app and also go to merch.com.
Doug DeMuro
Thanks always, corporate. Always. I appreciate it. Goodbye, everyone.
Ken
Goodbye.
Podcast Summary: THIS CAR POD! with Doug DeMuro & Friends!
Episode Title: Will Donald Trump Change the American Automotive Industry?
Release Date: November 8, 2024
Hosts: Doug DeMuro, Ken, and Filippo
In this engaging episode of THIS CAR POD! with Doug DeMuro & Friends, host Doug DeMuro, along with his co-hosts Ken and Filippo, delve into a myriad of topics affecting the automotive industry. The episode navigates through political impacts, industry events, brand performances, market reports, and listener interactions, all while maintaining a lively and informative atmosphere.
The episode kicks off with a significant news update: Donald Trump's election as President and its potential ramifications for the American automotive sector.
Tariffs and Trade Agreements:
Filippo initiates the discussion by highlighting the complexities surrounding Trump's tariff proposals, especially concerning Mexico, a key manufacturing hub for many U.S.-sold cars.
Filippo [02:28]: "There's been a lot of talk on tariffs from the Trump campaign, including on Mexico. A lot of cars sold in the US are built in Mexico, which would raise their cost significantly."
Doug expresses skepticism about the feasibility of implementing such tariffs without violating existing agreements like NAFTA.
Doug DeMuro [03:16]: "NAFTA has allowed broad ability for automakers to produce in Mexico and Canada without any sort of tariffs. I suspect that despite Trump's rhetoric, tariffs might not materialize as expected."
Electric Vehicle (EV) Incentives:
A critical part of the conversation centers on EV incentives, which Doug believes will be a more substantial change than tariffs. The discussion touches on how these incentives have driven automakers to invest heavily in EVs, citing examples like Tesla's maneuvers in China.
Doug DeMuro [04:33]: "Electric vehicle incentives will be the big change. Automakers are heavily incentivized to produce EVs because of the financial benefits."
Industry Uncertainty:
Filippo and Doug discuss the uncertainty surrounding how automakers will adapt their EV strategies amidst potential policy shifts, emphasizing the challenges of balancing innovation with regulatory compliance.
Filippo [05:39]: "Most manufacturers have invested heavily in EVs, and changing incentives could disrupt their progress."
Transitioning to industry events, the hosts shift focus to SEMA (Specialty Equipment Manufacturers Association), an annual automotive specialty products trade event held in Las Vegas.
Impressive Builds and Automaker Participation:
Doug shares his admiration for the innovative builds showcased at SEMA, particularly praising Toyota's unique two-door convertible four-runner.
Doug DeMuro [11:00]: "Toyota has built this two-door convertible four-runner looking like the old school '80s ones with a roll bar and a surfboard, and it's cool."
Mixed Reactions to Modded Cars:
However, Filippo introduces a critical perspective by mentioning Strickland Motor Company's E46-based V8-powered station wagons, sparking a debate about the practicality and authenticity of such modifications.
Filippo [12:01]: "There's a company making E46-based V8-powered station wagons. It's striking but raises questions about its market appeal."
Ken expresses skepticism about the value and appeal of heavily modded cars, leading to a spirited discussion about the balance between creativity and functionality in automotive modifications.
Ken [12:21]: "Nothing at SEMA is real. It's all modded crap that I don't care about."
EV9 Adventure Concept:
The conversation also touches on Kia's EV9 Adventure concept, critiquing its practicality and design.
Doug DeMuro [14:37]: "The EV9 Adventure won't sell. It’s a massive range trade-off for aesthetic tweaks like off-road tires."
The hosts shift focus to Aston Martin, discussing the brand's ongoing financial difficulties and declining sales.
Financial Losses and Sales Decline:
Ken highlights Aston Martin's alarming daily losses and significant drop in sales figures, particularly for the DBX model.
Ken [17:48]: "Aston Martin is reporting $1.8 million in losses per day and their DBX is down 52% in sales."
Debt Accumulation:
Filippo adds that Aston Martin is increasing its debt burden to fund further investments, exacerbating its financial woes.
Filippo [18:16]: "They've taken on $1.57 billion more in debt to invest more in the company."
Brand Evaluation:
Doug and Ken critically assess Aston Martin's brand strategy, noting the lack of distinctive appeal compared to competitors and the heavy depreciation associated with their vehicles.
Doug DeMuro [19:32]: "Aston Martin is desirable conceptually, but when it comes to selling cars, the market disagrees."
Suggestions for Improvement:
Ken proposes that Aston Martin should abandon its current brand principles and focus on producing mid-engine, manual transmission sports cars to rejuvenate its brand appeal.
Ken [22:32]: "Abandon the whole brand principle and go mid-engine, manual transmission sports car. That's how you save the brand."
In contrast to Aston Martin's struggles, the conversation shifts to Lamborghini, highlighting the brand's impressive performance and sales growth.
Record Sales and Revenue:
Ken shares exciting news about Lamborghini's Revuelto model, which has a two-year waiting list and contributed to substantial revenue growth.
Ken [24:02]: "Lamborghini has announced $2.6 billion in revenue this year and delivered 8,411 cars in 2024."
Comparison to Ferrari:
Filippo and Doug draw comparisons between Lamborghini's current success and Ferrari's historical resurgence under Luca di Montezemolo, suggesting that Lamborghini is on a similar path to becoming more commercially successful while maintaining desirability.
Doug DeMuro [25:08]: "Lamborghini is excelling in a way they never have before, unlike Ferrari's SF90 which is depreciating."
Revuelto vs. Ferrari SF90:
Doug contrasts the Revuelto with Ferrari's SF90, praising Lamborghini's model for its desirability and market performance despite the latter's technological issues and depreciation.
Doug DeMuro [26:43]: "Revuelto is highly desirable with a two-year waitlist, whereas the SF90 is facing depreciation issues."
Motorsport Involvement:
Ken emphasizes the importance of Lamborghini increasing its presence in motorsport to further elevate its brand prestige, akin to Ferrari's long-standing involvement in racing.
Ken [29:01]: "Ferrari has always been a race team. Lamborghini needs to step up in motorsport to elevate its status."
The hosts provide a market report, discussing current trends and notable sales on the Cars and Bids platform.
Featured Listings:
Filippo highlights two exciting listings: a Baja Bug being sold by Slick Stevie and a Lotus Amira listed by the Stradman, showcasing the diverse range of vehicles available.
Filippo [43:35]: "We have Slick Stevie selling a Baja Bug and the Stradman listing a Lotus Amira, both live on our site."
BMW E39 M5 Appreciation:
Ken presents data indicating that the BMW E39 M5 is gaining value in the classic car market, outperforming its successors in terms of appreciation, thereby becoming a sought-after classic.
Ken [45:07]: "The BMW E39 M5 is ascending as a classic, averaging around $35,000 over the last year."
Depreciation of Newer Models:
Conversely, newer models like the BMW F90 M5 are experiencing rapid depreciation, making them attractive options for used car buyers seeking value.
Doug DeMuro [48:00]: "The F90 M5 is sinking fast in value, but it's a great pick for a used car due to its low mileage and modern features."
Question 1: What mods/upgrades do you believe retain or even improve car resale values the most? Conversely, what mods hurt resale value the most?
Asked by: Luis (spelled with a "1")
Answer:
The hosts agree that most modifications tend to depreciate a car's value, particularly those that are easily changeable or highly personalized. Aftermarket wheels and tinted lights, for example, often deter potential buyers.
Ken [51:46]: "Any car with aftermarket wheels that are clearly aftermarket is going to hurt its value."
Conversely, modifications that enhance reliability or demonstrate serious care for the vehicle can help retain or even improve resale value. Examples include fixing known mechanical issues or adding high-quality, stock-compatible parts.
Filippo [53:11]: "Fixing specific issues that a car is known for, like better head bolts or s54 rod bearings in the E60 M5, can improve resale value."
Question 2: If you could magically change the M5's color to any other BMW factory color, what color would you choose?
Asked by: Oes
Answer:
Ken expresses a strong preference for Avis Blue, a rare and aesthetically pleasing color offered on the E36 M3 and E39 M5, while Doug shares his fondness for silver, particularly for its classic appeal on models like the Carrera GT.
Ken [55:07]: "Avis blue was very pretty and is one of my favorite colors for the E39 M5."
Doug DeMuro [56:04]: "I really like the Carrera GT in silver; it complements the car's design perfectly."
Question 3: As a senior graduating college soon, any advice on how to land a job like Doug had at Porsche early in his career?
Asked by: Amir Hassan
Answer:
Filippo admits to not having a direct answer, but Doug emphasizes the importance of starting at a dealership to gain extensive automotive experience and build industry connections. Ken adds that genuine enthusiasm and investing in relationships are crucial for career advancement.
Doug DeMuro [60:07]: "Consider starting at a dealership. It gives you an unbelievable amount of automotive experience."
Ken [61:10]: "Build relationships as friends, not just for job opportunities. Genuine passion carries you a long way."
Question 4: How do you feel about being called yuppies by Scotty Kilmer in his recent video?
Asked by: P33KYN
Answer:
Doug addresses the remarks without bridging negativity, expressing respect for Scotty Kilmer's success while distancing himself from engaging in online disputes. He emphasizes focusing on positive content creation over participating in YouTube drama.
Doug DeMuro [65:02]: "I have a lot of respect for Scotty, but I won't engage in these cheap ways to get views."
The episode concludes with the hosts encouraging listeners to engage with the Cars and Bids app, explore featured listings, and participate in the community forums for further discussions and questions. They balance insightful automotive analysis with light-hearted banter, providing a comprehensive overview of current trends and personal experiences within the industry.
Filippo [67:30]: "Download the app and also go to merch.com."
Doug DeMuro [67:40]: "Thanks always, corporate. Always. I appreciate it. Goodbye, everyone."
Notable Quotes:
Doug DeMuro [02:03]: "I don't need to hear it anymore. I want to talk about what this means for the automobile industry."
Ken [17:48]: "Aston Martin is reporting $1.8 million in losses per day and their DBX is down 52% in sales."
Filippo [24:16]: "How many cars Lamborghini sell? I have no concept."
Doug DeMuro [56:04]: "I really like the Carrera GT in silver; it complements the car's design perfectly."
Ken [61:10]: "Build relationships as friends, not just for job opportunities. Genuine passion carries you a long way."
This detailed summary encapsulates the key discussions, insights, and conclusions drawn by Doug DeMuro and his friends, providing a comprehensive overview for those who haven't listened to the episode.