Secrets of the Exotic Car-Rental Industry
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#ExoticCarRental #Business #RobFerretti
@douglasmstewart Жыл бұрын
I love that you guys shine a light on the dark corners of the exotic market.
@ElJefe85 Жыл бұрын
Rob has been in the game for a minute or two. I love hearing his stories!
@dominicparker6804 Жыл бұрын
Mr spaghetti tells us about contraband pasta dishes
@ruk2023-- Жыл бұрын
The spaghetti things wasn't funny ten years ago and it hasn't got any better with age.
@diddy2612 Жыл бұрын
@@ruk2023-- it still blows my mind this unfunny joke has been drug out so long lol
@killeralltires Жыл бұрын
Lmao I don't care what these other dudes say this is hilarious and well done.
@timkinley1779 Жыл бұрын
Simple things amuse simple minds.
@mrpw1402 Жыл бұрын
Spaghetti jokes never get old
@AeroGuy07 Жыл бұрын
I like that Rob has embraced the Mr Spaghetti nickname. It says a lot about his character.
@bravobrk Жыл бұрын
Character or not it's stuck and there's nothing he can do about it. Besides I don't ever remembering him referring to him self as a spaghetti man.
@ballistic02 Жыл бұрын
@@bravobrk Hes made videos in which he makes easteregg references to it.. for example one time he said he didnt want to elaborate on a topic because it would give away his secret meatball recipe
@taylormullis4942 Жыл бұрын
God that was a bunch of annoying kids reiterating the same lame comments over and over
@2fast2nick Жыл бұрын
Where did it even come from? It's stupid
@ballistic02 Жыл бұрын
@@taylormullis4942 yea later on when it was kids who had zero humor.. the ogs had some really good original ones early on that would actually have me laughing irl
@johnnyg9804 Жыл бұрын
Not even 4 minutes in, and you mentioned ARBITRAGE!!! 🤣 Love it!!! Thank you Rob!
@BillehBobJoe Жыл бұрын
Rob need an A to Z kids book. “A is for Arbitrage” “ R is for Rental Fraud” “T is for Theft by Conversion”
@EdBolian Жыл бұрын
I don’t miss this industry
@philpeters8200 Жыл бұрын
Love it when anyone with experience talks about the financial side. Car auctions are also another slice of the auto scene that are due for a reset.
@ericwsmith7722 Жыл бұрын
I knew Rob F was going to be the guest on this topic for sure.Hands down the expert.
@StormRoIIer Жыл бұрын
After watching Rob and Ed talk about this stuff for years, it really seems like the exotic car rental business is one of the worst businesses to try and get into nowadays in terms of risk and profitability. I'm a small business owner myself and I can't imagine having to put up with some of this stuff from my customers.
@johnmaurer3097 Жыл бұрын
Part of my wonders if Rob purposely rents to a few major red flags per year just because the KZfaq story about it will profit over the loss. The exceptionally and obliviously bad customers will produce great content. If it was all normal people there’s nothing interesting.
@bomboyagegaming Жыл бұрын
@@johnmaurer3097 No way he would do that when his cars are crashed he loses money pretty much every time
@farishanafiah8461 Жыл бұрын
@@bomboyagegaming Totally agree with that. No one wants wrecks.
@farishanafiah8461 Жыл бұрын
@@johnmaurer3097 If you really think that is his way of marketing, then he deserve a big FAIL!
@n8inc924 Жыл бұрын
If all small businesses followed the rules to a T, there would be no large businesses.
@gixxer_squid Жыл бұрын
This is why VinWiki is a quality KZfaq channel; informative and entertaining. Thank you for sharing all sides of the market for us enthusiasts.
@timkinley1779 Жыл бұрын
And a big "Thank you" to Rob for not butchering up his commentary with a bunch of "amazing" and "literally".
@bobmcl2406 Жыл бұрын
Thanks Rob, for explaining the background of another "If it looks too good to be true..." scenario.
@honchoxba Жыл бұрын
One of my favorite Rob stories, besides the street racing one, was Rob being asked for a huge loan....to start his own non-competing biz, but Rob as partner. The kid had an idea no one would crash his cars, beat on it, or rent it for a party....sit or stand on it for Insta pics. Rob's response, besides a giant Lol......My meatballs aren't free kid, you're gonna need to find your own meatball chef
@rkstewart9585 Жыл бұрын
I can't say enough great things about Rob, always entertaining and a sharp wit is a great combination
@philipwegmann4591 Жыл бұрын
Shorter Rob (Again): 'Don't cheat the insurance companies'. Hell yeah! It's fraud. Great segment.
@adamtaylor7867 Жыл бұрын
Wow, Mr Spaghetti is back so soon. More Spaghetti please!
@jabach7413 Жыл бұрын
You seem like a Fazoli’s kinda guy. This might be above your level.
@mikewest5529 Жыл бұрын
I was at a rental drive. Wow I can’t believe the abuse the cars took!! We had a blast! Man those cars are tuff! NSX, Porsche, lambo Got my respect!!
@Jenuin Жыл бұрын
You guys had me at ILLEGAL secrets 😅
@williamdawber1945 Жыл бұрын
There was a scam in that I recently came across in the UK where people where getting cars on finance with low mileage limits but using OBD2 devices to pause the ODO so they didn't go over their milage.
@tanelpolts7257 Жыл бұрын
It's the rule in Eastern Europe. Wanted to buy a 5yo passenger van, started it up at the dealer in the cold, had 74kkm on the odometer. My Volvo with the same PSA diesel but 500kkm sounded brand new next to it...
@jakelewis8345 Жыл бұрын
I knew it was gonna be rob or crosta. These 2 have seen it all in that business
@wrenchinwithgrandpa4586 Жыл бұрын
Always good content/information!
@jonathanblake5844 Жыл бұрын
Great content! Rob is a great guest!
@chefcc90 Жыл бұрын
I'm shocked that people with money etc would do anything sketchy!!
@arnold17 Жыл бұрын
People with money don’t do anything THIS sketchy. The people doing this kind of stuff are people trying to make enough money to keep up with the payments.
@bxnto Жыл бұрын
huston is one of the few people to have a successful exotic rental car company well he says it doesnt make good money but it runs so mad props to him for real
@davidlabarr Жыл бұрын
This is really good to know as somebody that wants to start renting out Turo cars.
@nickwgnr Жыл бұрын
Always love seeing Mr. Spaghetti on VinWiki. Been watching him since his early KZfaq days
@christopherkraft1327 Жыл бұрын
Happy New Year Ed!!! 🎈🥳🎉
@EdBolian Жыл бұрын
Happy New Year!
@jonathantucker2728 Жыл бұрын
Good Knowledge Thank You! Be Blessed
@202newera Жыл бұрын
This is a GOOD VIDEO!! Very educational to people who wanna rent cars and properties
@jennatolls904 8 ай бұрын
i love Rob. been watching his videos for a good while and have learned a lot
@violinmiata Жыл бұрын
Always read the insurance information on a rental, pay for the extra insurance and get in contact with your personal insurance agent to talk about rentals, it’s freaking eye opening!
@avsystem3142 Жыл бұрын
If you rent a vehicle using a credit card, e.g., VISA and MasterCard, an insurance policy is automatically extended. It is not necessary to purchase additional insurance from the rental company. For details call the 800 number on your card to confirm.
@ToddCopeland Жыл бұрын
@@avsystem3142 Credit Card companies exclude any coverage for higher priced vehicles and they pay the "rental company". As Rob mentioned, if you obtain it through a "broker" it might not be considered a rental company. They also do not cover claims of diminishment of value. Huge roll of the dice.
@avsystem3142 Жыл бұрын
@@ToddCopeland I was commenting in regards to ordinary vehicle rentals not the convoluted and, in some cases as Rob notes, illegal schemes he described. Personally, I would never even use a so called "peer to peer" rental like Turo.
@3103frank Жыл бұрын
@@avsystem3142 Why not rent a car on Turo? or do you mean become a host on Turo?
@avsystem3142 Жыл бұрын
@@3103frank As is usually the case, I meant what I said. I wouldn't rent a car from a private individual or stay in an AirBnB for the same reason.
@MrHondablink Жыл бұрын
Halfway through the video, I got a Turo ad. Kinda funny.
@dominicparker6804 Жыл бұрын
Premium bruh
@TheTweakshot Жыл бұрын
Rob is such a good guy
@tanishqmalhotra8530 Жыл бұрын
ED please do something about the odometer rollback like rob said.
@VINwiki Жыл бұрын
We are exploring options on how to track it
@JavierHernandez-fq4hu Жыл бұрын
@VINwiki Long term, I would recommend harassing members of Congress. Lobby for odometer tracking programs specifically for licensed rental agencies. Like how a taxi has a taxometer for ex. Get insurance to back you, sell an obd2 cpu brick for rental cars so it's tracked by insurance. Have them offer buisiness discounts like USAA has safepilot app, progressive has snapshot ,etc. If you use this I don't require payment. Idea is free. However If you do , *use this screencap as shoutout lol.*
@tripprogers4814 Жыл бұрын
Rob seems to have a lot of these stories. A L O T
@shadyryder5742 Жыл бұрын
I first saw Rob on VHS with super speeders or something like that , times sure have changed !
@76slippery Жыл бұрын
Correct me if I'm wrong but I thought the mileage filters only effect the dash and the ecu will read the actual mileage?
@DavidSumnerHTX Жыл бұрын
“We’re in for quite the correction.” ~These words are going to seem brilliant in about 2 years.
@daniellopez-io9ec Жыл бұрын
I read the title and thought “this better be Rob” So glad it is !
@jamesbt2003 Жыл бұрын
Wow that was an great explanation of high value rental cars. I wish it could have been longer!
@scuderia747bhp Жыл бұрын
No easy money simple as that! Same in my industry (realestate) I’ve been developer for 20 yrs and oh boy do 98% of people think it’s such an easy money, most don’t last after first 6 month I’f that!
@bobby2turnt Жыл бұрын
Mr. Spaghetti teaches us about flawed pasta businesses.
@ROOSTER333 Жыл бұрын
Why would odometer roll back even be built into the code and function of a car like that?
@zeusfitter007 Жыл бұрын
Cornelius would be proud. 🙌🏻
@LeonBarnes85 Жыл бұрын
I'm telling u Ed this guy is a genius
@benzinapaul7416 Жыл бұрын
Always love Bob Tagliatelli's storys
@nickgangone8314 4 ай бұрын
what ins do you need for exotic rental?
@my11badkids78 Жыл бұрын
2:57 Ed Bolians in the Closet?!?!?! 🤣🤣🤣
@niftysin Жыл бұрын
VinWiki The 🐐
@thomaspavelko9412 Жыл бұрын
This story coming out of a NJ/New York based company does not suprise me.
@theorosca5014 Жыл бұрын
Rob Feretti is a legend in the car world iykyk
@QuietStormX Жыл бұрын
Nice Car Story... ;-D
@BKetch Жыл бұрын
How do you tell if a car has been rolled back when buying it then? Look for wear, but what if there isnt any? Like they fixed the seats, or other easily noticeable things?
@asid731 Жыл бұрын
Some scan tools can read actual miles on some vehicles.
@sebdries Жыл бұрын
If WatchJRGo was not making enough money on Turo with his tailored fleet and hence is backing out, this tells you a lot!!!
@OneOfThePetes Жыл бұрын
I've been wondering when Rob will do a VINwiki!
@smittypwurburmanjenson7152 16 күн бұрын
Rob this was gold, can you do video exposing Ethan Duran?
@mikeymadnez Жыл бұрын
I love how at Xtreme Xperience they gave me a whole lecture about safe driving and the consequences if I crash due to disregard of the instructions. I get in the gtb. Perfect. I get in the Lamborghini. Check engine, tire pressure, brake idiot lights are all on. And they say good luck buddy....smh. still drove it. Still fun as fuck! Actually liked it better than the Ferrari. Just thought it was ironic and more so very.. irresponsible of them
@richardharvey8939 Жыл бұрын
Cool video
@Sizukun1 Жыл бұрын
Whats Mr. Spaghetti doing in Atlanta? Sounds like another Floridaman adventure.
@Veyronp87 Жыл бұрын
Watching Feretti over the years has really made me understand why exotic car rental (the right way) is so expensive. There’s a ton of costs associated with running an exotic car
@austind4098 Жыл бұрын
I love spaghetti but I laughed when he said corollas and camrys for 3 thousand dollars. Only thing your getting for 3k these days is a rolling shell of a 90s civic lol even the cheap cars on Turo have to be decent shape and there for are like 15k because anything that runs these days is expensive compared to a few years back
@questioner1596 Жыл бұрын
People who operate this way are why market crashes are so pronounced. If someone is under water on a loan and their income stops, their assets will be repossessed ASAP. The banks selling these assets cheap causes the average value to go down, causing more people's loans to go under water and it just dominoes. It happens with cars, houses, etc. In 2008 US property prices plummeted while Canada's only fell a smaller percentage because Canada had stricter lending requirements so there was less of a problem with defaulting.
@jasonpatterson2143 Жыл бұрын
Rob's the OG.
@bomberbaja Жыл бұрын
Rob Spaghetti spills the secrets to his sauce.
@TravisFabel Жыл бұрын
Rob didn't answer the one question I wanted to know. Not as the owner, but as the person renting the vehicle... When I use a site like turo that's person to person, what kind of personal liability am I throwing up for myself? I mean a lot of us are guys that just have a Subaru or some other bland pedestrian car and we rent out a $400,000 car for a special day... If some SUV is too busy with their iPhone to stop at a light, and totals out that car, our personal insurance is probably not going to be happy that we were not in a Subaru but we were in a Lamborghini... Or is that something we don't really have to worry about?
@osco4311 Жыл бұрын
It depends on the state, but your auto insurance typically covers the car, not the driver. Damage to someone else's car would come out of something like a personal liability/ umbrella policy on your homeowners insurance policy.
@josephboley Жыл бұрын
Good morning bud 👍✌️🙏
@unstablebobgable Жыл бұрын
Makes me want a double order of meat balls
@christianwatson98 Жыл бұрын
A friendly reminder not to rent cars to Mr. Spaghetti
@michaelwalker1145 Жыл бұрын
Another to watch for in the exotic car game, the track experience. You get to do about 5 laps in your car of choice. The cost very from as little as £60. Then it starts getting costly. Photos of you in the car. £40. Extra insurance so your not liable for the first £3.500 in damage. £40. There was another cost of about £40 but can't remember what for. So from the £60 you thought it would cost to nearly £200. Last but not least. Want to drive the latest super car join the BIG que or pick another,even though when you filled in your paper work you ticked which car you wanted to drive weeks before the event. Plus there's an instructor in with you...
@michigan_supercars6569 Жыл бұрын
3:12 That's fantastic! We gotta start sniffing out these criminals rolling back cars and press charges!
@somerandoonline5852 Жыл бұрын
Yaaaaaaaaaaaaaaaaaay Mr. Spaghetti is back.
@metalfreaxx1 Жыл бұрын
today mr spaghetti explains what happen when you re-use a stone cold a week old meatball to serve customers
@Toxic-hz8sl 6 ай бұрын
Yes, exotic cars depreciate, but there are some exceptions. I only rent out Urus's; I have two, and they don't depreciate much. I bought them both lightly used from a Lamborghini dealership for about $200,000 each, and if I were to sell them both right now, my clients having added on about 10,000 and 15,000 miles, respectively, I think I could get my money back on the vehicles by maybe just taking a 10-20 thousand dollar loss.
@supercariobros Жыл бұрын
Today, Mr. Spaghetti teaches us that most rented meatballs aren't prepared properly.
@davidjames8505 Жыл бұрын
In this video Mr. Spaghetti certifies his meatballs are a secret recipe
@mikeissweet Жыл бұрын
Wow, vinwiki dropped out of my youtube for like 4 months except for 1 short today
@djm9936 Жыл бұрын
Today Rob Spaghetti explains why it’s not easy keeping sauce on your meatballs
@dskeet1594 Жыл бұрын
I look forward to the superkilometerfilterbullshitdetector
@loganbachman4259 Жыл бұрын
Mr.Spaghetti drops knowledge on vinwiki
@indigomarine91 Жыл бұрын
"Im the guy who gets things done."
@willieurus Жыл бұрын
Spaghetti man has spoken
@zamoragera13 Жыл бұрын
Somebody trying to corner the market
@richdiscoveries Жыл бұрын
This guy oddly reminds me of Daniel LaRusso🤷♂️
@mattcastro3768 Жыл бұрын
I wish a corolla/camry were 3K😂
@Wopwopwopfuckitup Жыл бұрын
On this episode Mr. Spaghetti tells us about the the shady practices of other meatball vendors.
@stunt94u Жыл бұрын
Ed aint gonna invent SHIT! There's ALREADY such a service in Europe that does that.
@aaronburratwood.6957 Жыл бұрын
If you can do what you do and be the middle man, you get your money & the middle mans cut. 😉 You’re welcome.
@Beenweenie669 Жыл бұрын
Rob doesn’t age
@VINwiki Жыл бұрын
Vampire?
@kyrkosx3982 Жыл бұрын
genius
@Corabar Жыл бұрын
Where’s the meatballs
@cigarsgunsandgasoline8032 Жыл бұрын
Today Mr Spaghetti tells us how to spot counterfeit meatballs...
@likenem Жыл бұрын
At least in the mustang world prices are starting to drop. Mustang Mach 1s and GT350s are starting to drop in Value
@stgotzov Жыл бұрын
Face of this guy just in first looks, tell me "I am a layer"
@cowperm Жыл бұрын
Pasta Rob.
@jeoboden Жыл бұрын
Wow Rob works with Mr. Beast I'm guessing
@davidjames8505 Жыл бұрын
Rob!!!!!!
@JimmyB55 Жыл бұрын
Any market involving big spenders there is a crook.
@autumnbeds Жыл бұрын
Spaghetti for the win
@colevandevijver1738 Жыл бұрын
ROOOOBERT
@OWN_Buxengard Жыл бұрын
Notification Gang. 💯💯
@deedeec160 Жыл бұрын
Don't listen to Rob. He's just trying to reduce the competition ;)
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