The spam-javelin would slide right through those suckers!
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Two more excellent reasons to hate Treynor
- Thread starter treynor
- Start date
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Angela White. Do not Google that at work.
I’ve watched this thread since day one and enjoy the updates. And though I’ve never had any reason to contribute, I would like to thank @treynor for the updates and pics/video posted. It’s really nice to see these beautiful machines in the possession of someone who knows how to use them in they way hey were intended to be used, instead of some entitled moronic celebrity or clueless “prince”.
Enthusiasts with the deep pockets to feed the obsession are few and far between. Keep up the good work.
On a side note, do you need a personal helicopter pilot?
Enthusiasts with the deep pockets to feed the obsession are few and far between. Keep up the good work.
On a side note, do you need a personal helicopter pilot?
This thread is the reason for my insomnia.
It's a great thread.
I sometimes wonder if Ben has to pick and choose his cars carefully based on a limited amount of time he has to drive each of them. While I don't have a hobby as high dollar as his, I do have a lot of interests that I have to limit because there just isn't enough time to do them all.
So the question is Ben, have you ever passed on a car simply because you just don't have the time for it?
I sometimes wonder if Ben has to pick and choose his cars carefully based on a limited amount of time he has to drive each of them. While I don't have a hobby as high dollar as his, I do have a lot of interests that I have to limit because there just isn't enough time to do them all.
So the question is Ben, have you ever passed on a car simply because you just don't have the time for it?
That is a keen observation, and the answer is yes. Time and budget are the two principal constraints. Most recent example of a time constraint: I ended up passing on both the P1 GTR and, later, the Senna GTR primarily because I simply don't have enough time to participate in another driving series. My wife and I are already participating in Ferrari's Corse Clienti series, and between that and our actual racing and local HOD days, I imagined I'd maybe get the GTR on track once a year.
Why don't you put a yellow wrap with some purple graphics on your Raptor?
Just saw this today.
Rolls-Royce builds bespoke Dawn inspired by Ferrari collection
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Rolls-Royce builds bespoke Dawn inspired by Ferrari collection
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Ok, so that prompts another question. What criteria do you consider when choosing a series? I'd assume location, but what else goes into the decision?
What are the budget constraints?
That he can't buy a Chiron of every color, for everyday of the year because that would start to cut into his food budget. Primarily for his bread needs.
Not to suggest he would want to buy one those, it doesn't seem to fit into his usable supercar/hypercar performance category. it was just one of the most expensive cars I could name on the fly.
Honest answer: one of the interesting discoveries about being wealthy is that you STILL have budget constraints. Just because your budget has more zeros than it used to, doesn't mean that you can skip having a budget. There are plenty of people who make a mammoth amount of money, who still manage to get into financial trouble (or worse) because they spend more than they make. Even billionaires need to be cautious about purchases - a single large yacht will cost ~$100M in the first few years of service between operating costs and depreciation. At the lower end of the wealthy spectrum, it's shockingly easy to spend $1M. I warn every newly-minted millionaire I encounter to be cautious about treating their situation like they have infinite money. That movie ends poorly.
So yes, budget constraints are real.
$1M can go extremely quick. I've never had that amount probably never will either sitting in the bank but I may some day have it over my life time. Just thinking of my mortgage, truck payment, college for my son that money could be depleted quickly. But I will continue working hard everyday and proving for my family.
Ben, you couldn't be more right everyone has a budget the amounts are just different for everyone.
Ben, you couldn't be more right everyone has a budget the amounts are just different for everyone.
Ben - If it's not too personal I thought I remembered a while back about you getting a car for your son, does he or any other children get involved in track days or any of the other automotive madness with you?
True story, local dairy bar - ice cream, burgers, seafood, etc owned by a little old Greek lady. Open six months out of the year, spends her winters in Florida, new Mercedes-Benz every other year.
She happens to be located at one of the busiest signalized intersections in town.
Developers for years been trying to buy her out, do a gas station on that corner, all other parcel owners on board. her building is a postage stamp lot with parking for maybe 12 cars but it’s the corner lot, the final piece of the puzzle.
Last I heard she was offered $1.2 mill and said “come back when you’re serious” to the broker.
Friend of mine said how could she turn that down ???
I said after taxes she’s looking at about $800,000
Let’s assume she’s putting $100k a year in her pocket - did I mention it’s an all cash business, no credit cards ?
So after taxes she just sold out for the equivalent of 8 years income.
Now what does she do ???
My long winded point is $1 million is NOT a lot of money these days.
Eh... it may be prospective. To the 2 income family that only earns $35k-$40k a year, it could mean the world.
Not really sure why i'm replying, but you are forgetting that she could invest the $1M (taxes would likely only be capital gains rates) and use the earnings to live off of. Even just throwing it in a simple S&P500 would have netted her an overall average income of $110,000 per year over the last 10 years. Some years more, some years less obviously....
Back to pics of cars, please.
I "think" that may be a little generous. Fed Capital Gains tax would be 15%, Mass is 5.15%. Assuming there are no other taxes (which is unlikely) that is $798,500. The S&P as been as low as 4.5 for about 21% of its existence... but lets say it stays at least 9.5 (90 year average) for the rest of her life. That is $75,800 before taxes, about $60K after taxes. I think if you're lucky, its $1,100 a week.
If she lives comfortably and likes her business why would she sell?
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