Why vloggers buy so many cars (Financial Breakdown)

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  • Caleb Tran
    Caleb Tran  32 minutes back

    I haven’t watched your videos in a while, this was something my friends and I were curious about, after hearing this I’ve gotten my interest back, not that your stuff wasn’t interesting, but I guess I stopped watching a ton of YouTube in general. So I’ll be watching more of your videos lol.

    • h20
      h20  1 hours back

      this video made me try to subscribe again, but i realized that i was already subsrcribed.
      fp

      • Jason Weir
        Jason Weir  2 hours back

        First video I’ve ever seen of yours. Very well spoken great example of how this world of crazy builds works.

        • Brian H
          Brian H  3 hours back

          Not disagreeing that you should keep the cars, but you need to look into the sunken cost fallacy, because economically you don't loose money because you sell the car, you've already lost that money today and you're never getting it back. In fact the longer you keep the car, unless you are able to continue earning more money from it than it costs you to maintain it (parking space, taxes, insurance, maintenance, potential alternative opportunity losses from assets tied up by this car etc), you are continuing to loose more money long term (which is absolutely your prerogative to choose to do). If you sell the car today you stop those potential losses, as well as potential future gains from new videos, and you walk away with some amount of cash which you can then spend or reinvest in other opportunities.

          Not arguing with the choice of keeping them, I would do the same, but your reasoning and understanding of finances is flawed, and promoting false & flawed financial literacy like this is potentially hurting viewers who don't understand business and finance (also, you should take a finance / economics /business class too, you'll be better off for it)...

          • OurLucidDream
            OurLucidDream  3 hours back

            Let me save you all time by summing up this whole video in two words... To Flex.

            • Carlos Corona
              Carlos Corona  3 hours back

              Adam how much did Nicole take from you on the divorce?

              • Raw Humanity
                Raw Humanity  3 hours back

                Right as you were talking about ad revenue and said that youtube puts ads relevant to the content, I got an ad for mouthwash.

                • generation speed
                  generation speed  3 hours back

                  Thank you for the break down, tall guy car reviews would never break this down when asked because for him it's not about giving up the game so others can do the same thing, he doesn't want any competition.

                  • Honfy Lam
                    Honfy Lam  4 hours back

                    People get salty and what not. You made money off the car and videos, but you also had to put a lot of time, and effort. Also risk depreciation and failure, etc. 24, and doing what you like, driving cars you love. congrats man.

                    • Allan Russell
                      Allan Russell  4 hours back

                      Dnt no how youtube and other youtubers will be happy ure sharing profits etc lol but I am really happy I've been filming my audi tt build. Wich is mk1 audi tt with engine swap for a small block chev twin turbo or pro charger and ive been debating weather to dable thanks to you adam my minds made up thanks ure a gd man

                      • branjohn7911
                        branjohn7911  4 hours back

                        I always have kiddie pron in my suggestions.. weird....

                        • scientist113
                          scientist113  4 hours back

                          As a content creator, if you’re not talking tax incentives, write-offs and depreciation, I’m not sure your having the right discussion. Consider hiring a tax advisor guy. Been a fan of your content since your BMX days. Keep up the hustle Adam.

                          • Andy Freeman
                            Andy Freeman  4 hours back

                            I remember how you were between an E46 M3 and a 335 back in the day. Maybe one of these days you could do a build on one of those. The S54 is a great platform for mods. It isn't cheap but you've got some convenient sponsors for the car. Great video because a lot of people don't really understand the system. Hopefully YouTube keeps supporting you because everyday their policy becomes more strict for you. You've come a long way so keep it up!

                            • LeadFoot TV
                              LeadFoot TV  5 hours back

                              Super cool that you're able to do this, must be an awesome feeling knowing all the hard work is paying back.

                              • Ed O'Neill
                                Ed O'Neill  6 hours back

                                500,000 views, 2.6mil subs, 20 cars, and still using autofocus camera that can't decide if were looking at you or the fucking trees in the widow. jesus christ.

                                • Whitey Cakes
                                  Whitey Cakes  6 hours back

                                  Marketing investments. Same with billboards, commercials, ads in newspapers, just a digital age now. 👍

                                  • borjastick
                                    borjastick  7 hours back

                                    The sad thing is that there are some really good car content vloggers who get dismal viewings by comparison because they don't change cars just for the fun of it. Seen through Glass being one very good case in point. He has just completed a round the world drive making exquisite films at every stop. Yet he gets one tenth of what you get. A good comparison would be The Stradman who is clearly making a ton of money. He does very little with his cars, goes almost nowhere and keeps buying cars. I like him and his films but my point is made. I have never watched you before matey but this popped up so I watched it.

                                    • london man
                                      london man  8 hours back

                                      you should have rented the car and claimed the cost as a tax deduction

                                      • london man
                                        london man  9 hours back

                                        do you get massive discounts from manufacturers ?

                                        • Edgar Perez
                                          Edgar Perez  9 hours back

                                          this dude is a homosexual

                                        • J Jones
                                          J Jones  11 hours back

                                          the super trooper stache lmao

                                          • Steve Solaka
                                            Steve Solaka  12 hours back

                                            Interesting 👍🏻

                                            • timtimzi ni
                                              timtimzi ni  13 hours back

                                              How do you even start off being a car youtuber? You need to have a significant amount of money first right?

                                              • Jon Banfill
                                                Jon Banfill  13 hours back

                                                You answered all me questions that I always wanted to ask you.. thank you

                                                • BreatheFreeDrifting
                                                  BreatheFreeDrifting  14 hours back

                                                  Awesome explanation, this is the direction I'd like my life to take.. hopefully 2020 treats me well.


                                                  I'm an aircraft mechanic and use those funds to drive and create what content I can, but ultimately having fun and creating content is where I'd love to be.

                                                  • czarli
                                                    czarli  14 hours back

                                                    How much time goes into setting up ( creating content) and editing ? As an example 18 videos of the mustang over what span of time did all come in.. other revenue stream that is tied into like merchandise?

                                                    • Justin Barker
                                                      Justin Barker  14 hours back

                                                      What do you think you would look at for the ls platform

                                                      • Qualified Automotive Solutions

                                                        Spends 25 minutes telling us how the game is played. He must think we are all dumb if he thinks it takes 25 minutes to get to the point.

                                                        • Cant Be Arsed
                                                          Cant Be Arsed  14 hours back

                                                          15 minutes in adam speaks about power levels and chassi. I wish more people would get this!

                                                          This will sound stupid but here it goes: I used to have a "straight piped"(pretty much what was left of the cat and the header) peugeot 206 with the 1.1 litre engine. I bought some light rims and decent cheap sticky tires and drove it for a couple of months.
                                                          It's the most fun car i've ever driven to this point. becuse some *ehrm* "fueling issues" it spat flames like crazy during shifts. didn't matter how i drove it it consumed two liters per 10 km.

                                                          But god was it fun! The chassie felt rigid, the suspension was pretty stiff and tires griped really well. those cars are geard for city driving so 3500 rpm at 110KM/h so almost 70 mph.

                                                          But you could rev that thing to redline through first and second gear and still be under the speedlimit around where i live :D

                                                          tight and twisty roads were a blast(i had the 3 door so the chassie was stiffer than the 5 door ones)

                                                          Really miss that car, so much fun for cheap. It handled well, it sounded like tractor at low rpm and a rally car on high rpm with all the popps on throttle release, nad gripped really well in corners.

                                                          I dont miss my higher horsepower cars i've had as much as i did that little 50 horsepower one.

                                                          • Matthew Howell
                                                            Matthew Howell  14 hours back

                                                            I think YouTube is dumb to pay people because since YouTube has been incepted I have watched countless videos and never purchased a single item off of the ads. I tried to skip them when possible. Once YouTube releases their new terms of service I think of lot of content creators will move over to bitchute.

                                                            • Noah Rosenheck
                                                              Noah Rosenheck  14 hours back

                                                              Do you have your channel set up as a business you pay yourself through? If so why or why not

                                                              • Brian Palay
                                                                Brian Palay  15 hours back

                                                                Informative video, nice! I'm exploring YouTube as my job these days. Good to learn how things work.

                                                                • Brian Palay
                                                                  Brian Palay  15 hours back

                                                                  Mustache.

                                                                  • deloreanfan81
                                                                    deloreanfan81  15 hours back

                                                                    :48 more like HOW do tubers but so many cars...God where did my channel go wrong??!? 😣

                                                                    • Andrew Beaton
                                                                      Andrew Beaton  15 hours back

                                                                      your getting a mclaren I can tell!

                                                                      • Puni Sher
                                                                        Puni Sher  16 hours back

                                                                        Lose the baby moustache. It doesn't look good.

                                                                        • Ray B
                                                                          Ray B  16 hours back

                                                                          awesome video man

                                                                          • Dylan Taylor
                                                                            Dylan Taylor  19 hours back

                                                                            respect this

                                                                            • TheForresterOD
                                                                              TheForresterOD  19 hours back

                                                                              Going by the figures you gave for the GT350 videos, is your corporate tax really greater than 50% ????

                                                                              • Merc
                                                                                Merc  19 hours back

                                                                                Am I the only one stuck on how little he pays in insurance?

                                                                                • Saturday Projects
                                                                                  Saturday Projects  19 hours back

                                                                                  And don't forget all of the business expenses you can write off and / or depreciate.

                                                                                  • cryptghost
                                                                                    cryptghost  20 hours back

                                                                                    vloggers don't buy "nice" cars, they put $3k down and get $50,000+ loans, because they were probably bullied in high school and couldn't get laid.
                                                                                    make the banks rich, bitchboys. 😂

                                                                                    • JJ's Automotive
                                                                                      JJ's Automotive  20 hours back

                                                                                      Interesting video. Seen these before.

                                                                                      I hope these people do understand that they are selling such a full of shit point to their fans - they are buying assets to themselves and then get these assets plus all the expenditure on these assets paid out by the revenue made from the video. To call money spent on videos "expenditure" is load of horse shit - it all goes towards accumulating assets to YOURSELF and then some. Of course, he has had to build up this channel from the ground so all the kudos to him but making it look like there is a potential risk at spending on making these videos at this point is just a sad shitty joke. Like he says himself - he now can predict the probable profit made from expenditure and he won't make an expenditure with taking major risks. He is making money and is being smart about it - good for him.

                                                                                      Yeah, how sad it is that some cars you buy "for fun" which do not make you a short term positive ROI but in the long run will pay for themselves with all the added parts mighty fine. Oh, and then you still have the car, don't you? It does personally belong to you.

                                                                                      Live and milk this life to the fullest but do not try to make it look like it is still some hardcore hustle at this point. Trying to make this YT game look like you are running a plumbing business or a convenience store is just ridiculous. :D

                                                                                      • techg
                                                                                        techg  20 hours back

                                                                                        hes so right

                                                                                        • dramprar1
                                                                                          dramprar1  21 hours back

                                                                                          I have a 2017 GT350 as well and was debating to getting into videos. Listening to you is eye opening, and lets me know that not only am I behind the power curve, I also would have rehashed videos. I only have two cars worth making videos, but with my main job it is hard to make videos that people would care to watch.

                                                                                          • fiji
                                                                                            fiji  22 hours back

                                                                                            Hey you got a caterpillar near your nose

                                                                                            • Placeholder Name
                                                                                              Placeholder Name  22 hours back

                                                                                              The obvious answer is that you can spread a build out over a whole series of videos but there is always waiting around on parts and what not and thats where having multiple projects come in.

                                                                                              • Mason O'Regan
                                                                                                Mason O'Regan  23 hours back

                                                                                                Should build a turbo diesel drift truck out of a mazda bounty or ford courier