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

Shocking Reality of Buying Luxury Cars Revealed | The 1% Club Show | Ep 8

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Күн бұрын

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/ @getonepercent
The reality of buying luxury cars in India is SHOCKING to say the least.
Are you a petrolhead? If so, this video is a must-watch for you! Introducing Ramesh Somani, he’s the founder & CEO of the Exhibit group and the chief editor and publisher of Top Gear India.
In this podcast, we discuss everything about cars, from how someone can buy high-end cars to whether luxury and sports cars are investments.
A big thanks to Ramesh for joining me on the show. And I highly recommend you watch the episode in full. Trust me, this is one ride you do not want to miss.
Ramesh Somani : www.linkedin.com/in/somaniram...
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Time Stamps:
(0:00) : Highlights
(0:36) : Ramesh's luxury car collection
(1:08) : How to become a fast drifter?
(1:36) : Drift School in Iceland
(2:25) : Why the rich buy luxury car?
(3:28) : SHOCKING Mercedes sales: India vs China
(3:59) : Super luxury cars sold in India, cost and add-on charges
(5:15) : Why Bollywood celebs can't buy luxury cars?
(6:17) : How Ferrari invites you to purchase
(7:00) : Luxury cars are appreciating assets?
(8:04) : Hack to get luxury car for FREE
(9:21) : Average networth of a person who buys luxury cars
(10:27) : How often do the owners drive their car?
(11:50) : What is the fastest car in the world?
(12:19) : One car Ramesh would choose for the rest of his life
(13:03) : Dangers of driving too fast
(14:41) : Luxury car in 30 Lakhs to 40 Lakhs range
(15:33) : The 0.001% club of luxury cars
(16:43) : Taboo in India about luxury cars
(18:05) : Top Gear India
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Sharan Hegde is a personal finance expert who has been featured in Forbes, Economic Times, Mint, Times of India and many more. He is the Founder of The 1% Club, India's biggest finance community which helps people achieve financial independence.
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Instagram: / financewithsharan
Facebook: / financewithsharan
LinkedIn: / sharanhegde
Twitter: / financewsharan
KZfaq : / @onepercentclub12
#financewithsharan #finance #sharan

Пікірлер: 834

@likhith-lexus 6 ай бұрын

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

@jishamp7539 6 ай бұрын

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

@veeresh_22 6 ай бұрын

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

@liketheterminatortoldya7297 6 ай бұрын

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

@tushargoel3870 6 ай бұрын

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

@_aditya.sawant_ 6 ай бұрын

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

@rithikgandhi3685 5 ай бұрын

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

@RobertDamanii 6 ай бұрын

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

@TheRothschild770 6 ай бұрын

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

@TheRothschild770 6 ай бұрын

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

@RoseBalerus 6 ай бұрын

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

@LeeParkchu 6 ай бұрын

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

@ThomasColt 6 ай бұрын

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

@shrih8891 6 ай бұрын

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

@praveenkrishnan4935 5 ай бұрын

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

@hemantlahale6593 6 ай бұрын

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

@pavitravirani5293 6 ай бұрын

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

@Deepanshu_hooda 6 ай бұрын

McLaren Speedtail and Ferrari LaFerrari is also in appreciation

@pavitravirani5293 6 ай бұрын

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

@pabitra7556 6 ай бұрын

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

@Deepanshu_hooda 6 ай бұрын

@@pavitravirani5293 that's the main reason

@jollypaul6737 6 ай бұрын

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

@73dpk 6 ай бұрын

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

@yogensachdev 6 ай бұрын

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

@financewithsharan 6 ай бұрын

Soon! Thank you :)

@jollypaul6737 6 ай бұрын

@@financewithsharan yes! need another episode with him

@daforddp 6 ай бұрын

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

@Jalebilovefafda 6 ай бұрын

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

@yugmajithiya4771 6 ай бұрын

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

@vijay-oe7qh 5 ай бұрын

There are 4 competizione in india

@__ayushman__ 6 ай бұрын

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

@Sanjay_Learning 6 ай бұрын

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

@jayantadeka007 6 ай бұрын

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

@RameshSomani 6 ай бұрын

Thankyou

@lokeshwaraachari6781 6 ай бұрын

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

@financewithsharan 6 ай бұрын

Thank you so much :)

@marrylobo9182 6 ай бұрын

11:14 Ramesh being extremely honest 😅

@arunkumar-wx1xw 6 ай бұрын

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

@financewithsharan 6 ай бұрын

Thank you so much

@gaganchaudhary9908 5 ай бұрын

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

@user-xt4sg4qz4n 6 ай бұрын

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

@rupashetty2577 5 ай бұрын

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

@dipanjanbiswas8159 5 ай бұрын

Very very nice and practical discussion 👌🏻👌🏻

@karthikmaxxi 6 ай бұрын

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

@gauravpatil9558 5 ай бұрын

Being auto enthusiasts I can feel the podcast thrill

@vishalbarot8588 5 ай бұрын

Excellent and Unique content. Thanks brother 🎉❤

@richie.kxr_ 3 ай бұрын

Loving the 1 percent club. Keep them coming.

@SiddharthGaurs 5 ай бұрын

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

@reenauparie2536 6 ай бұрын

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

@shashankmh2000 6 ай бұрын

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

@keerthivasan3643 6 ай бұрын

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

@aartigavit5845 6 ай бұрын

Listening to Ramesh was really informative

@mallikjan2180 6 ай бұрын

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

@financewithsharan 6 ай бұрын

Glad you enjoyed it

@user-gz3rn5po6w 6 ай бұрын

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

@BrunoNara 5 ай бұрын

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

@jayk7662 6 ай бұрын

Superb video 👌 very informative

@Rajdsmart 5 ай бұрын

Great Topic !! learnt a lot of things !

@LoveYouEnglishLessons 5 ай бұрын

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

@chefmnd 6 ай бұрын

great podcast. enjoyed it.

@Khavengers 6 ай бұрын

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

@mohamedsanoob1434 6 ай бұрын

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

@financewithsharan 6 ай бұрын

Thank you so much :)

@manishnaik8783 6 ай бұрын

Agree

@syedazhar8554 6 ай бұрын

loved watching this video!

@financewithsharan 6 ай бұрын

Thank you :)

@bhooshanvp 6 ай бұрын

Most interesting podcast 🎉

@nom.nom789 5 ай бұрын

Sad that Sharan has been reduced to cheap tricks like click baiting.. There is no info here that gave anyone any idea abt what ur caption Pic says.. So lame. This is how KZfaqrs fall down after peak

@rajeshkamath822000 5 ай бұрын

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

@sureshroyala6296 6 ай бұрын

Informative. Good stuff

@dipak1293 6 ай бұрын

Watched non stop !!

@sakshi9411 6 ай бұрын

Such an important topic 👍

@anmolsinghgaba9666 6 ай бұрын

Really enjoyed this video❤

@miteshchaudhary6592 6 ай бұрын

Amazing amazing podcast.

@letstransform1012 5 ай бұрын

Amazing Insights 🔥

@tstcikhthys 5 ай бұрын

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

@BikrantaMandal 6 ай бұрын

lovely content Sharan sir.

@Abhi_Art_2111 6 ай бұрын

Every car guy dreams to own these beauties.❤

@financewithsharan 6 ай бұрын

Correct.

@karneetsingh8864 5 ай бұрын

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

@TheHasmukhmali 5 ай бұрын

😂

@anantnd393 5 ай бұрын

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

@waqaskhalid8295 5 ай бұрын

Good discussion loved it.

@kallachnadra 5 ай бұрын

Amazing knowledge and enthusiasm

@utkarshdixit669 5 ай бұрын

perfect host and perfect guest . enjoyed every sec

@akshayrajsheakaran8 5 ай бұрын

Very nice interview Sharon and Ramesh I just share to my friends this interview Complex things told in simple way Great video editing I love it

@ZioMatrix001 5 ай бұрын

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

@BrianNicole11 5 ай бұрын

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

@ZioMatrix001 5 ай бұрын

Run a quick online research with her name.

@ZioMatrix001 5 ай бұрын

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

@lucassilva-ib9rx 5 ай бұрын

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

@memikaoru 5 ай бұрын

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

@Joysonhd 6 ай бұрын

Very practical guy. 👍

@nikhiljain3917 6 ай бұрын

New cars getting more expensive is inflation, not appreciation.

@sunnyramchandani 6 ай бұрын

That's Awesome content!

@noshwhiakdhssdd 2 ай бұрын

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

@kpb9010 5 ай бұрын

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

@mahmadhanifchotaliya3946 5 ай бұрын

Wow ,nice interaction

@SujitDas-ek6dw 6 ай бұрын

Amazing...................

@bhuvanbhola8413 6 ай бұрын

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

@karthiksudhan3406 5 ай бұрын

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

@dyno-qe2vk 3 ай бұрын

@@karthiksudhan3406sale of mustang is stopped

@chhammadzahid-ks3fk 6 ай бұрын

it was superb and very interesting

@ashokedits7252 6 ай бұрын

Sharan never disappoint us.

@financewithsharan 6 ай бұрын

❤❤❤

@glitchmanshandle 6 ай бұрын

Daddy will always be daddy with dad questions.

@BlesswinJefferson 6 ай бұрын

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

@rajadebnath2268 6 ай бұрын

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

@balesh_chemagination3359 6 ай бұрын

9:38 The laugh for no free service😂😂

@evolutionstudio1037 3 ай бұрын

Got motivated by watching this video❤

@chaostheory0101 5 ай бұрын

More tha 60lac cars zero depreciation issue is a very valid point. Also wont that affect the resale value? I find it hard to believe becos selling a large ticket car is fraught with a lot of issues. Can you do a segment on how and when to sell a car for the best bang for buck. Its 4 years i know but a full format will be appreciated with this kind gentleman

@KeshavMeda 5 ай бұрын

50,000 crore = 6.2 billion dollars

@ibrahimbakshi2007 6 ай бұрын

Please make more videos of reality of finance of supercars ❤

@mayankupadhyay1059 3 ай бұрын

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

@bhabhutiji1169 3 ай бұрын

Bmw X5

@aarifthameem6278 6 ай бұрын

@financewithsharan Wonderful questions in each of your podcast, Sharan! Lovely!... But please let the guest finish his/her response before you are topping it up with another question. Dont know if it goes into the edit, but the reply from the guest doesn't seem to be fulfilling... It appears as if you are asking the next question when the guest hasn't done answering the previous one! Cheers to the efforts you put in to educate us in various fields! 🎉...

@anirudhpai1311 6 ай бұрын

Such a great video

@user16020 5 ай бұрын

The latest entry to the list of ‘appreciating cars’ has to be Audi R8. With Audi discontinuing R8 in 2023, I’m sure enthusiasts will be ready to pay huge fortunes to own that thing of beauty In a couple of years time from now. R8 was one of the poster cars for a huge no. of motor heads growing up.

@SatyaVlogInKannada 6 ай бұрын

Very informative video Sharan, beep boop beep boop.

@financewithsharan 6 ай бұрын

Thank you :)

@idreespadela8148 5 ай бұрын

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

@natarajhosmani4921 24 күн бұрын

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

@munawaralamnewdelhi 6 ай бұрын

This person legit knows his stuff

@ItsKuver 3 ай бұрын

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

@vibek14 5 ай бұрын

Stumbled upon this podcast out of nowhere. For a Nepali car enthusiast something like an Urus is beyond the wildest dream. The Tiago costs 32 lakh NPR here. Every car gets slapped with a luxury tax.

@youneedthis6244 6 ай бұрын

Car Content like this Awesome.

@sriramgv1 6 ай бұрын

Very good video.

@ariesaakash 5 ай бұрын

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

@manojkumars2427 5 ай бұрын

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

@user-gz9xg8of8f 5 ай бұрын

Nice insights

@yuganshvirmani7958 6 ай бұрын

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

@kushagrasaxena9458 6 ай бұрын

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

@exhibitmagazine 6 ай бұрын

@@kushagrasaxena9458 Get your facts corrected Rivac used to be one, also do you even know how many variants of buggati are there? its just not Chiron , Please get your facts checked before your call your self a true enthusiast

@kushagrasaxena9458 6 ай бұрын

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

@paarthd2 6 ай бұрын

@@kushagrasaxena9458 Can't believe how TG actually sold themselves to a chump like this.

@saumabhobagchi5547 Ай бұрын

@@kushagrasaxena9458The cheapest Bugatti is actually an electric scooter

@fahadansari3290 4 ай бұрын

16:45 Nazar will come😂😂

@iitian-hrushikeshpatil7430 5 ай бұрын

18:53 dubibudidubu

@khurram4589 5 ай бұрын

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

@LydiaLopez-yh7wo 5 ай бұрын

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

@rlvphanikumar 6 ай бұрын

Thank for inspiring bro

@lakshnaramesh9733 6 ай бұрын

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

@AdamMontoya6326 4 ай бұрын

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

@julienolke-vx5lk 4 ай бұрын

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

@FrankWilliams790 4 ай бұрын

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

@DonaldHuge 4 ай бұрын

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

@karenrobinson598 4 ай бұрын

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

@elizabethkarvelas308 4 ай бұрын

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

@Kddatashan 5 ай бұрын

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

@Nofux2give 5 ай бұрын

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

@akhileshsawant7388 6 ай бұрын

Its crazy how much a mclaren F1 has appreciated over the years, But i wonder what does the indian Govt categorise this car as since its already way above 15yr age!

@imnothing2infinite 6 ай бұрын

What the bloody inspiring video it is😅😅😅

@parimalrahulgaurkhede222 5 ай бұрын

Loved it Can you make video how to save on mobile recharge i think that telecom companies are earning very much .they are cutoff incoming call if we don't recharge how to tackle that ?