5 Cars That Will Make You Poor

5 Cars That Will Make You Poor


rev up your engines today I’m gonna talk
about the five worst sports cars out there and with the trends of modern
society they’re selling less and less sports cars now since they don’t sell so
many sports cars many manufacturers that still like sports cars they put their
high level of technology in things that often break rather quickly they may be
fast cars but they break down fast too you don’t want to buy one where the
value depreciates like a stone plummeting down Niagara Falls or one
that breaks down all the time now one sports car not to buy is the
Maserati GranTurismo a new one will cost you about a hundred and thirty three
thousand dollars and immediately it’ll be worth about eighty thousand
dollars when you drive it off a lot it has a Ferrari built flat crank v8 engine
it’s fast there’s no arguing now and you can get a used one pretty cheaply if you
look around but that’s because they cost a fortune to maintain and they
break down as they age now I don’t believe a bunch of crap that you get
from other people on the internet because as with any sports car
especially the high end ones you get false praise all the time because the
guys that are reviewing them half the time hey they were flown to Italy to
road-test the things and of course they’re gonna say glowingly Oh best car
ever drove handled lalala these guys aren’t buying them their not paying to fix
them they’re just having fun driving around in them and in this respect you
certainly can’t believe most of the owners because they spent all that money they don’t want to admit to you that they bought an endless money pit so
they’ll tell you it’s a great vehicle but in the real world no they aren’t the
more exotic a car generally the more problems you’re gonna have I mean
Maseratis been a verge of bankruptcy for decades they don’t make enough cars and years ago when they partnered with Chrysler and
they were kind of files a junk and it fell apart they can’t mass-produce cheaper cars and their fancy sports cars it just don’t
hold up the next money pit sports car not to buy is the Mercedes
sl450 you get a base one it’s about $90,000 in about five years you
can kiss goodbye about $55,000 and if you really have to have one day lease
the stupid thing you know how much more they’ll cost to lease it then you get rid of
it don’t have to pay for repairs if you buy one be prepared to lose a whole
bunch of money just in the lost value itself and then some people think oh you
get one of those mg ourselves the fancy ones and then won’t lose money as much
ah they lose money at the same exact rate the resale values are exactly the
same as the non amg yeaht the amg ones are fancier they go faster stuff of
course you pay more money for but they depreciate just as badly engine oil
leaks head gasket leaks they’re not like those old solid German cars you could
buy decades ago that would run forever with very little maintenance
these things are maintenance pigs and they break before their time take most
things you see on the internet or even in print with a grain of salt when they
talk about it because Mercedes spends a lot of money advertising also Car Talk guys don’t really know that much about cars are they’re
dishonest don’t say how great vehicles are cuz they’re not buying them they’re
not paying to fix them not just drive into new ones around and hey most brand new cars worked pretty good when their brand new and being a sports car of course they
only sell a limited amount and put the modern high tech that often breaks in
them and he sold even less sports cars their regular cars and SUVs there aren’t
that many of a lot there so there’s always a market for people are gonna buy
really expensive cars rich people well the next sports coming out to buy a
Chevy Camaro certainly not in a stratosphere like the previous two cars
in two years they pretty much depreciate about 45% in value
tell you they’re not great made vehicles when you look at the sales alone Ford
sells a ton more Mustangs and Chevy does Camaro they don’t make all that many of
them and they’re a GM product quality is certainly not number one at that company
steering column wiring goes out they get early coolant leaks and if you don’t
watch you’re gonna boil your engine the quality just is in there
and for the money they’re asking don’t buy one zl1 Camaro starts at 62 thousand
dollars it was one thing when I was a kid and you bought a brand-new Camaro
and the thing cost like $3,500 and it had a solid engine you get a standard
transmission and their v8 lasted quite some time but there were only $3,000 if
I was forking out over 60 grand for a car let me tell you one of the last
things on my mind would be to spend it on a GM Camaro product they just cost
too much money for what you’re gonna get when I was young all the kids in high
school wanted to have one right well what high school kids got $64,000 to
throw on on a car these days not in my neighborhood
now the next sports car not to buy is the Tesla Model S yeah we’re going into
electric cars now but it’s a true sports car that thing is super fast it’s much
faster than even a Dodge Challenger with the Hellcat engine with 700 something
horsepower now aside from problems of recharging electric cars I’m gonna talk
about that here the thing is these things have very little resale value
customer mine decided he wanted a gilt one so he sold his fancy Lexus to
another customer line and he bought a brand-new Model S that the original
price was 124 thousand dollars he bought it from the original owner and it only
had 15,000 miles on it paid forty five grand
don’t went from one hundred and twenty four thousand dollars to $45,000 in only
fifteen thousand miles and electric motors in themselves are simple but the
setup that they have the integrated drive unit on those things that burn out
and quite a few of them early and it had to replace them some of them more than
once they can do all the PR in a world that they want but if they’re not
holding up guess where that shows up in a resale value and these have really bad
resale value it’s a cool-looking car and then it’s electric so all the techie
guys want to get something like that but we’ve got the quandary of any sports car
did back into my last since 2012 so they were making it for eight years and
they’re averaging about 20 something thousand a year that they’re selling so
this isn’t a mass mass-produced car that they’re gonna sell millions of cars to
us I can’t base their existence on a Model S that’s why
they’re pushing the model three but now that they’re gonna be making them in
China the price will probably come down somewhat it can make a whole bunch more of them on an actual assembly line instead of intense in their parking lot
in the United States so the Model S yeah it’s a sports car it goes real fast
costs a whole bunch of money but it depreciates fast and that’s probably one
reason that Toyota really doesn’t make any sports cars they make their money
making SUVs cars and pickup trucks the Toyota 86 their little sports car not
even a Toyota it’s made by Subaru in a Subaru factory put a Toyota emblem on
sharply car but hey they’d have to build anybody Subaru makes it the new Toyota
Supra that’s just a BMW roadster made in a BMW factory that’s not the new what
Toyota really other than they put toyota emblems on them, the Supra recently had a recall for bad welds well who made the recall BMW had to make the recall cuz they’re
the ones who built the vehicle and the law is whoever builds the vehicle has to
put the recall so even though you bought a Toyota Supra the recall was done by
BMW personally I think Toyota is watering down a name doing such things
but at least hey they’re not spending a whole bunch of money on research and
development to make a sports car that hey they’re not gonna sell that many of
them anyways stick to su recent cars and pickup trucks nonetheless sports car not
to buy is the Jaguar f-type yeah Jaguar beautiful looking cars no arguing at and
there’s zippy cars no I’ll get out either but there are also cars that fall
apart before their time Jaguar which is now known as Jaguar Land Rover it’s one
company first they got bought by the Indians at Tata the Indians gave it a
try but it wasn’t working out too well with them they were losing billions
so Jaguar Land Rovers is half owned by the Chinese but sadly the quality
control still continuing to go downwards recently a couple of months ago Chinese
citizens who had bought these things went and protested in front of the
headquarters of Jaguar about how poor the quality of these things are and when
you get people in a communist country going and protesting in public
especially how about Jaguars that really tells you
something about the lack of quality in these cards and it can also shows you
how inside our world is becoming that now the British luxury car company is half owned
by Communist China the Communist Chinese are complaining about how there’s such
poor quality in these luxury Jaguar Jaguars historically cars are very
expensive to maintain that’s just the way that they are and a resale value is
in the real world don’t believe half of the values that you get in books or
dealers that are selling used cars and certainly pay no attention to any of
those websites that say oh they’re showing you yes you got a good deal
there’s the best price on this car it is just a bunch of made-up nonsense to try
to sell you stuff and much more money than it’s worth I mean me I kind of had
hope for Jaguar the Chinese buy everything but I thought hey maybe the
Chinese will make the quality go up well I guess it’s a curse company because if
the Chinese are protesting in China how poor quality Jaguars are I guess there’s
no hope for the company in a long run a lot of the experts we’re even saying hey
if they were smart they would just drop the Jaguar line entirely don’t make any
of those at all and just concentrate on the Land Rover because Land Rovers are
extremely popular world right they have a lot of problems too they can be
endless money pits in their resale values or garbage but for some insane
reason in the United States it’s become like the yuppie mobile to drive to drive
around in one of these Range Rovers that’s certainly a big change in society
but as society changes looks like Jaguar just didn’t follow
with the changes they’re still making undependable cars that break down and
have horrible resale value decades and decades they keep making the same
mistakes tonight you know five sports cars that you shouldn’t waste your money
on if you’ve got your money and peace of mind hey if your friends nuts enough to
buy one buy a tank of gas and let them drive it around with you for a while I
have some fun but don’t throw your own money into one,
so if you never want to miss another one of my new car repair videos, remember
to ring that Bell

About the Author: Michael Flood

100 Comments

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  2. I knew it, my Chevy Camaro would be on here. I've already had 8 problems fixed under warranty. First and last GM car I ever buy.

  3. I was pretty sold on buying a 2019 mazda3 hatchback, but then I realized for about the same price I could get a 2017 Alfa Romeo Gulia with AWD and a turbo four. So now im stuck between buying a new car made by one of the highest quality manufactures right now, and an italian car with the powertrain made by dodge. So. Passion or financial stability?

  4. Thanks Scotty I just drove my Maserati back to the lot after a test drive the salesman was mad I watched this video during the test drive lol

  5. I noticed that current leases now say that all maintenance and repair expenses are the leasies responsibilities. What total crap. They can"t resell this crap to anyone, so they increase the cost to the leaser. What total crap.

  6. Scotty, loved your video! You are awesome. I'm a big muscle car fan. Never owned one but would love to. My dream car is a 69 Dodge charger Dayton. In this video you mentioned Camaros. Love Camaros. 76' to 81' are my fav. That's a lil background on me. Lol. My wife on the other hand likes opposite as me. Lol. We are a family. We have 4 boys, oldest being 11 and the youngest being 4. So I have to think logical so March of 2017 I went to our first dealership ( Used) lol cause I don't have a lot of money. We bought a van. 2007 Pontiac Montana 3.9L for 2500 out the door. It is a money pit. In the 2 years I have put 3000 in repairs. I did all the work myself. I'm so sick of sensors and s bunch of other crap I'm pulling my hair out lol. I'm old school I miss carburators my daily driver is a 88 Caprice lol. My question is what is the best van? If there is one lol. PLEASE HELP US!!!!!!!!.
    Thank you for all your videos Scotty.
    Zach. Michigan.

  7. I hope the latest generation of Toyota Tacoma holds up and doesn't fall apart and become a money pit like some of these sports cars do.

  8. I drive a 2001 Toyota Corolla ce for the gas savings and a 2004 Toyota Sequoia sr5 for the practicality of a 8 passenger suv. All for the low price of 4500. Thanks Scotty the cars run like a dream keep in mind I’m in Cali!

  9. I’ve always had the best luck with full sized pickup trucks . Ram, Chev, Ford, doesn’t really matter, that’s only a preference and the arguments for this or that are redundant as they all have the good, the bad and ugly going on. If you buy the truck for it’s power train and not luxury, it will be affordable and will still have good resale value 10 or more years later if in good condition because they still have a lot of useful life and people are always looking for good work trucks. People, me included will buy their kids a good used truck for their first ride. Take a look at some of these cars that get completely wiped out after slipping into curb on an icy day, full sized trucks can take some punishment and have some ground clearance for a snowy day.

    Sold my old 2001 F350 two weeks ago and it still fetched 10K (it was in awesome shape). They hold their value.

    Just my 2Cs

  10. So I have a fairly new Toyota Tundra & Toyota Highlander & both vehicles have erosion on both battery terminals is this a common issue. I live in Texas

  11. Scotty you have a screw lose ls motor best motor for the money your just a gm hater I would walk before I bought a Japanese car

  12. The brz is hands down the funnest car ive ever driven. Poor advice to car makers to make suvs. These partnerships exist to offer the regular person a fun car to drive.

  13. Thanks Scotty. It's so annoying when I'm searching for long term reviews all that people are talking about is how they drive. I like to know what reliability is, I want to get 200-300K out of my cars.

  14. LOL.. Compton? hahaha …your neighborhood? really ? LOL!!

    uhhh, yup I had a friend owned AMG, it was called All My Green 😀 😀 hahaha, I kid you not it was in the shop every month something new broke.. till he went broke & sold it 😀 😀 .. hahaha

  15. It`s not only celebrities, rock stars & pro athletes that wanna make YT videos of the stupid expensive stuff they own.

  16. And Tesla is going to become a Chinese brand sooner or later. Why didn't that Elon whatever decide it would be made in for ex India, Romania or even Turkey, why choose a non democratic country like China? So my question why do we in the west complain about China when our leaders like Elon Musk pumps tons and tons of money into China???

  17. Honestly I would like to see a video: 5 sport cars only smart people buy – by Scotty , it would be more a interesting content and not repetetive.

  18. Tesla are having their cars made in China ? …Are they stupid ?
    The Chinese will be knocking them out in 6 months for half the price.

  19. You're right with the later Mercedes cars!! Their quality control has gone out the window. I drive an old 1976 Mercedes. That thing gets parts replaced as required, & regular oils & filters changed!! Even the power steering pump has a filter!! The fuel system has 11 filters.

  20. Thanks Scotty for warning us about GM products. I thought I wanted an Impala-now I'm wisely on the market for a Honda or Toyota 5-speed manual. It's deteriorated quite a bit from the old Lumina's that were tanks.

  21. The new Supra made the Car & Driver 10Best list for how they drive, with much better handling than the BMW Z4 convertible made at the same factory. It is too new to know much about reliability, however no BMW made the top ten list for reliability the last 2 years by Consumer Reports, and I have not seen any BMWs for the Carsthatlast series on YouTube for older vehicle reliability. They are more of a richie rich car you lease or rent, to not deal with the horrendous maintenance costs.

  22. If I got a dollar for everytime Scotty mentioned his friend who bought a used Tesla Model 3 for 45Gs , I'd have enough money to buy an endless money pit sportscar.

  23. The Tesla Model S motor problems were only one the very early ones, there is too much electronic crap on them but they are fairly reliable these days with the stuff that does goes wrong won't leave you at the side of the road.

  24. Euro cars, buy new, warranty expires off load a.s.a.p. otherwise big $$$$ servicing/repairs. Scotty your words are gold mate. New camaro coming here, price tag, 170 thousand. 👌🏻👍🏻🇦🇺

  25. Hey Scottie…. Here's some old news… 99.99% of any car drops 35% the first year and after a few years up to 45%-50%…even Toyota's

  26. China will break the US car manufacturers. We will import more Chinese made cars than we build like everything else. The union workers demand too much money. They will force car plants to close in America.

  27. Tesla has charging stations everywhere now, 1500 (13,000 chargers) in the US.
    There was a record recently, Model S owner did 1,000,000 kilometers (625,000 miles, his first battery lasted like 1/2 million kms).
    Buy the much cheaper Model 3 performance (about 50k), it destroys German cars in performance.

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