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

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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
RU-vid : / @onepercentclub12
#financewithsharan #finance #sharan

Опубликовано:

7 июн 2024

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Комментарии : 844

@likhith-lexus 6 месяцев назад

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 месяцев назад

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

@veeresh_22 6 месяцев назад

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 месяцев назад

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

@tushargoel3870 6 месяцев назад

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 месяцев назад

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 6 месяцев назад

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

@iamnotyourbrah День назад

💯, not like specific on indian podcaster who asks super private and stupid questions to the guest like "Aap bhoot ya aliens me mante ho?" Bs to A Military guy

@RobertDamanii 6 месяцев назад

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 месяцев назад

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 месяцев назад

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 месяцев назад

@@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 месяцев назад

@@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 месяцев назад

@@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 месяцев назад

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

@praveenkrishnan4935 6 месяцев назад

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 месяцев назад

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 месяцев назад

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

@Deepanshu_hooda 6 месяцев назад

McLaren Speedtail and Ferrari LaFerrari is also in appreciation

@pavitravirani5293 6 месяцев назад

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

@pabitra7556 6 месяцев назад

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

@Deepanshu_hooda 6 месяцев назад

@@pavitravirani5293 that's the main reason

@jollypaul6737 6 месяцев назад

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

@daforddp 6 месяцев назад

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

@yogensachdev 6 месяцев назад

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

@financewithsharan 6 месяцев назад

Soon! Thank you :)

@jollypaul6737 6 месяцев назад

@@financewithsharan yes! need another episode with him

@Sanjay_Learning 6 месяцев назад

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

@lokeshwaraachari6781 6 месяцев назад

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 месяцев назад

Thank you so much :)

@73dpk 6 месяцев назад

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

@BrunoNara 6 месяцев назад

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

@jayantadeka007 6 месяцев назад

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

@RameshSomani 6 месяцев назад

Thankyou

@marrylobo9182 6 месяцев назад

11:14 Ramesh being extremely honest 😅

@user-xt4sg4qz4n 6 месяцев назад

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

@SiddharthGaurs 6 месяцев назад

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

@arunkumar-wx1xw 6 месяцев назад

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

@financewithsharan 6 месяцев назад

Thank you so much

@anshutechno3081 2 дня назад

Hey Sharan you forgot to make :) in the sentence

@__ayushman__ 6 месяцев назад

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.

@rupashetty2577 5 месяцев назад

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

@gaganchaudhary9908 5 месяцев назад

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.

@vishalbarot8588 5 месяцев назад

Excellent and Unique content. Thanks brother 🎉❤

@karthikmaxxi 6 месяцев назад

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

@gauravpatil9558 6 месяцев назад

Being auto enthusiasts I can feel the podcast thrill

@nom.nom789 5 месяцев назад

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 RU-vidrs fall down after peak

@dipanjanbiswas8159 6 месяцев назад

Very very nice and practical discussion 👌🏻👌🏻

@Jalebilovefafda 6 месяцев назад

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 месяцев назад

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

@vijay-oe7qh 5 месяцев назад

There are 4 competizione in india

@reenauparie2536 6 месяцев назад

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

@richie.kxr_ 3 месяца назад

Loving the 1 percent club. Keep them coming.

@mallikjan2180 6 месяцев назад

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

@financewithsharan 6 месяцев назад

Glad you enjoyed it

@bhuvanbhola8413 6 месяцев назад

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 месяцев назад

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

@dyno-qe2vk 3 месяца назад

@@karthiksudhan3406sale of mustang is stopped

@shashankmh2000 6 месяцев назад

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

@noshwhiakdhssdd 2 месяца назад

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.

@aartigavit5845 6 месяцев назад

Listening to Ramesh was really informative

@Khavengers 6 месяцев назад

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

@jayk7662 6 месяцев назад

Superb video 👌 very informative

@keerthivasan3643 6 месяцев назад

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.

@mohamedsanoob1434 6 месяцев назад

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

@financewithsharan 6 месяцев назад

Thank you so much :)

@manishnaik8783 6 месяцев назад

Agree

@sureshroyala6296 6 месяцев назад

Informative. Good stuff

@dipak1293 6 месяцев назад

Watched non stop !!

@chefmnd 6 месяцев назад

great podcast. enjoyed it.

@ZioMatrix001 6 месяцев назад

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 6 месяцев назад

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 6 месяцев назад

Run a quick online research with her name.

@ZioMatrix001 6 месяцев назад

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

@lucassilva-ib9rx 6 месяцев назад

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

@memikaoru 6 месяцев назад

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

@ChitraCar 6 месяцев назад

Every car guy dreams to own these beauties.❤

@financewithsharan 6 месяцев назад

Correct.

@user-gz3rn5po6w 6 месяцев назад

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

@balesh_chemagination3359 6 месяцев назад

9:38 The laugh for no free service😂😂

@nikhiljain3917 6 месяцев назад

New cars getting more expensive is inflation, not appreciation.

@bhooshanvp 6 месяцев назад

Most interesting podcast 🎉

@miteshchaudhary6592 6 месяцев назад

Amazing amazing podcast.

@Rajdsmart 6 месяцев назад

Great Topic !! learnt a lot of things !

@rajeshkamath822000 6 месяцев назад

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

@idreespadela8148 5 месяцев назад

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

@manojkumars2427 6 месяцев назад

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

@tstcikhthys 5 месяцев назад

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").

@sakshi9411 6 месяцев назад

Such an important topic 👍

@LoveYouEnglishLessons 5 месяцев назад

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

@Nofux2give 6 месяцев назад

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

@syedazhar8554 6 месяцев назад

loved watching this video!

@financewithsharan 6 месяцев назад

Thank you :)

@munawaralamnewdelhi 6 месяцев назад

This person legit knows his stuff

@ibrahimbakshi2007 6 месяцев назад

Please make more videos of reality of finance of supercars ❤

@KeshavMeda 6 месяцев назад

50,000 crore = 6.2 billion dollars

@karneetsingh8864 6 месяцев назад

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 6 месяцев назад

😂

@anantnd393 6 месяцев назад

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

@BikrantaMandal 6 месяцев назад

lovely content Sharan sir.

@mahmadhanifchotaliya3946 6 месяцев назад

Wow ,nice interaction

@evolutionstudio1037 3 месяца назад

Got motivated by watching this video❤

@ItsKuver 3 месяца назад

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."

@dad0g Месяц назад

Happy for those who are able to get their hands on such vehicles and such life .. they would've for sure worked hard for it .. main apne bullet me theek hu ..

@Joysonhd 6 месяцев назад

Very practical guy. 👍

@kallachnadra 6 месяцев назад

Amazing knowledge and enthusiasm

@SujitDas-ek6dw 6 месяцев назад

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

@sunnyramchandani 6 месяцев назад

That's Awesome content!

@khurram4589 6 месяцев назад

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 6 месяцев назад

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

@SemaNilgun 11 дней назад

Bhai 4RA ka interface itna easy hai, sab kuch easily access hota hai 📱👌🏼

@iitian-hrushikeshpatil7430 5 месяцев назад

18:53 dubibudidubu

@chhammadzahid-ks3fk 6 месяцев назад

it was superb and very interesting

@AdamMontoya6326 4 месяца назад

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 месяца назад

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 месяца назад

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 месяца назад

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 месяца назад

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 месяца назад

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

@srikalaaditijndu5832 Месяц назад

Fresh judgement on RTO charges in Andhra pradesh High court passed about RTO charges it should be calculated only on net price value but not to be calculated on Ex-Showroom price even on Luxury cars, as it is mention in vehicle tax schedule 6. If anybody did so they can claim those charges from the showroom dealers. be aware of road tax while buying new cars.

@letstransform1012 6 месяцев назад

Amazing Insights 🔥

@ashokedits7252 6 месяцев назад

Sharan never disappoint us.

@financewithsharan 6 месяцев назад

❤❤❤

@glitchmanshandle 6 месяцев назад

Daddy will always be daddy with dad questions.

@BlesswinJefferson 6 месяцев назад

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

@rajadebnath2268 6 месяцев назад

@@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 😊

@SatyaVlogInKannada 6 месяцев назад

Very informative video Sharan, beep boop beep boop.

@financewithsharan 6 месяцев назад

Thank you :)

@mayankupadhyay1059 3 месяца назад

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

@bhabhutiji1169 3 месяца назад

Bmw X5

@parimalrahulgaurkhede222 6 месяцев назад

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 ?

@sansarbhandari3819 6 месяцев назад

Appreciating cars in the future are Ferrari 458 Italia. Ferrari 458 speciale. SLS AMG. GT3 manual. Gt4 manual. Svj.

@potato_bear842 4 месяца назад

And all other hyper cars like Pagani, Koenigsegg, Bugatti and more.

@utkarshdixit669 5 месяцев назад

perfect host and perfect guest . enjoyed every sec

@anmolsinghgaba9666 6 месяцев назад

Really enjoyed this video❤

@silambum8906 6 месяцев назад

Hi , Am I eligible for gratuity... Joined in India : 02-Nov-2015 Transferred to onsite : 09-Mar-2020 Transferred to India : 09-Feb-2023 and continuing service now...8yrs exp in same company

@Kddatashan 6 месяцев назад

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

@aarifthameem6278 6 месяцев назад

@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! 🎉...

@georgekurian9 6 месяцев назад

Icici Lombard gives NIL Depreciation or Bumper to Bumper insurance till 10yrs.

@rohandutta9182 6 месяцев назад

Sir forgot the mighty RIMAC Nevera❤❤❤

@EmineHalim-wq8vj 11 дней назад

Yaar 4ra pe bets lagane ka maza hi alag hai, process bohot simple hai 🎮🔥

@lakshnaramesh9733 6 месяцев назад

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

@kpb9010 5 месяцев назад

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 😂

@Ak-pr1wg 6 месяцев назад

Is this a clip of a longer video ? Odd that this didn't start with an intro😅

@youneedthis6244 6 месяцев назад

Car Content like this Awesome.

@syedmurtaza8106 5 месяцев назад

From Pakistan, Learned a lot from your video

@sanishchirayath4149 2 месяца назад

If you have claimed the depreciations, then you sell it for a higher amount/same amount then it will be considered as capital gain, and will get taxed accordingly, right?