>Matt Farah Buys a Focus RS >It's a lease >"As a small business owner the tax benefits are well worth a lease. I've done the math" >Half the video is him saying how expensive it is and how he's likely not going to track it.
Matt Farah confirmed for Kike Lord.
Ryder Carter
he's not wrong. buying brand new performance cars out right is pretty stupid anyway even if you aren't a business owner or investor. it gets you out of the car easier and quicker when you've had enough of it.
Jeremiah Scott
>buy a performance car >don't track it
Jonathan Gomez
If you get tired of a performance car before 35,000 miles you bought the wrong car IMHO
Justin Nguyen
My favorite if from the reddit thread. >'I wanted a fast, luxury hatchback for my daily driver,' >ferd focus >luxury
Sorry, I can't take this clown serious after this.
Bentley Johnson
>ford >focus >hatchback >luxury
That's fucking overkill
Lincoln Brooks
>cover electric-powered seats in leather >throw some nice gaudy materials on the dash >add some sound deadening
There, I've luxurized your econobox.
Gavin Cooper
as a former car salesman and a really really smart dude
it doesnt make sense to not have equity in the second most expensive thing you have that being said matt farah is worth millions and has so many cars it would be stupid to buy a current year car that you dont care about
Christopher Johnson
the thing is, that's all luxury is to your average person. tons of people think their Ford Fusion is on par with a Jaguar and it's the people like them that make these ideas hold true.
Isaac Cruz
>as a former car salesman and a really really smart dude
>well there's my hysterical laughter for the day
Jackson Moore
you leased an FRS. you're not a smart dude and cars are not an investment.
Hudson Lewis
Probably because anything beyond that is essentially throwing money away.
Anthony Moore
He is compensating so hard. >It's way nicer than a focus >It's like a luxury focus >So much better than a regular focus >Regular focus is pretty nice and this is better >Really what is a Golf R other than a fancy Golf? >Really what is STI other than a fancy Impreza? >It's so much nicer than a Focus
Nigga it looks like fucking Focus with nice seats. No matter how much you say it Matt it's not a luxury car and it's interior is not much better than a $20k focus.
Matthew Price
who gives a fuck about interior
Joseph Hernandez
Matt Farah obviously
Ian Mitchell
So he gets a tax cut from buying it, okay that makes sense. Does not want to track it because of increased cost of maintenance, i dont see the issue here, hes a small binnis owner trying to save some money. OP are you always this gay? or only on Wednesday?
Anthony Hill
If he runs it through the business he'll save on taxes Lease is the better option because if he purchased it outright he can only claim it for one tax year.
also >50k for a focus my sides :^)
Levi Gray
>tripfag >really really smart dude
Ethan Robinson
you know what are good investments besides stocks, mutual funds, or property?
Ryan Sanchez
I'm always gay for cars. How else can I stay on this board?
My point is Matt has the money and the time to buy an RS and maybe play around with the ECU and put some bolt-ons into it for more smiles per gallon.
But instead he leased it because shekels. If you're gonna lease a daily why not an ST; it's just as fun and fancy inside, and costs much less. And I'm sorry but 40k+ for what you get in power and "drift mode" isn't smart. The only Fords worth 40-50k are GT500s and GT350s
Carter Myers
knockoff watches are a good investment?
Josiah Evans
>tries to prove he's wealthy and intelligent with a picture of a shitty watch and an ugly shirt
Typical tripfag that's almost frostytier
Ethan Jackson
This. And that mentality will make you lazy on car maintenance since "you can always walk away from it"
This is just another Jew trick to take away my anything nice
Logan Adams
>mfw I am not even the trip you're responding too >mfw thats not even me in the image
Watches are a good investment though unless you're buying flavor of the month shit
Josiah Bell
>car salesman >really smart You're no better than McDonalds worker but in suit. Who the fuck some annoying cunt to look for cars anyway? Learn 5mins from Internet then you become more knowledgable than most sales
Soon you're gonna be replaced by automation. Soon
Alexander Brown
Not him but you're severely retarded if you think salespeople will be replaced by automation. A successful sales person while not smart has enough charisma to close deals.
Never worked in a car dealership before either but I am sure majority of sales people also write lending deals if they are financing or leasing.
Jayden Harris
That machining is horrendous. I thought fake watches had come a long way from that.
Owen Howard
Breitlings themselves are horrendous.
You either get a Rolex, Omega, or Patek.
Evan Smith
you're a funny guy. spending thousands on something you might make a couple hundred on in several years is not a good investment. and paying more money for an Inifiniti when everything they make is just a dressed up and marked up Nissan is icing on the cake.
Henry Fisher
>Watches are a good investment though unless you're buying flavor of the month shit
The irony is that if you have enough liquid to where you can treat watches as an investment then you are obviously wealthy enough to where you don't have to treat your watches as a fucking investment.
Vintage Rolex? That's a fucking snakepit. Good luck there. Vintage Patek? Hope you have a couple of bins in your name.
Once you get to the point where you can even get in the watch game, you've made enough to where you can consider your losses the cost of the hobby and maybe you'll get lucky a Sotheby's a couple times.
Connor Hughes
again ive said like twice now this isn't me in the pictures these are just things ive pulled off google.
Why are you so stupid
Ian Garcia
Do you post on repgeek?
Brody Nguyen
You dont need that much ideally as an investment you want something that is either going to retain value or appreciate.
If you buy any Rolex outside of the Prince models you've picked a winner. It will either retain its value or increase year over year.
See
No date sub Batman GMT Submariner Daytona (especially now since MUH ceramics)
Watches on the whole are better investments than cars that the only point i was trying to make
Austin Martin
is that Matt Farah's million mile focus RS?
Juan Richardson
>Tag Heuer >S2000 >I literally overpay for garbage
Anthony Gomez
>as an investment you want something that is either going to retain value
No, that's actually a loss. >Buy an item for a hundred dollars >Sit on it for ten years >Sell it for a hundred dollars
That's ten years' worth of compounding gains on that hundred dollars you're missing out on.
You have to do the math on your expected rate of gain in the market vs. your watch. If your watch isn't going to at least match the market average, it's a bad investment. >inb4 well the market goes down Sure, and when the market is down, who's going to pay for your frivolous luxury item? >inb5 well I'll keep it until the market's back up Too bad your money was tied-up in a watch so you couldn't buy in when the market was down.
>Watches on the whole are better investments than cars Cars, by and large, are consumable goods. They aren't meant to be investments. Anyone who thinks otherwise has been watching the Barrett-Jackson auctions too much thinking, "If I just keep the miles on my Civic Si low enough, in 30 years I'll be able to sell it for a ton!"
Charles Murphy
2bh tho, I bet a mint EP3 would go for a shit load of money in 2036. ackspeshuly after tesla outlaws dangerous gas power cars
Aaron Foster
Not really by then you could import rarer, better speced Euro/Japanese/UK CTRs
Lucas Carter
oh I'm sorry so what you're saying is you're just posting pictures of things you can't actually afford? because you're a broke fucking loser? but you're here trying to give others financial advice? is that correct?
Chase Lewis
I asked a friend of mine who restores classic Porsche cars for rich guys about this. (Dream job, sort of. On one hand, you're around class Porsches all day, but when you've poured your heart into a car, you have to hand the keys over to some banker who is going to give his stepson the raddest 16th birthday ever.)
He said that the cars of today simply won't do as well as the cars of the cars through 1980 because of the electronics. Let's say it's 2030 and you're restoring a gorgeous barn find 2010 Mercedes S-Class. Where do you source an original set of computers?
The true restoration will basically become impossible.
By contrast, if you're rebuilding a 74 Carrera RS and you need to find a correct Kugelfischer MFI pump for a 74, they still exist.
Henry Scott
Emulators maybe?
Dominic Thompson
I watched some of that vid and who the fuck is he kidding about it being a "luxury car"?
I've driven a thousand new Foci and even the top of the line ones feel just like an economy car with suede seats, which they are. Everything in it is plastic and awful to the touch and the ride and wind noise are nothing to write home about.
Kevin Morgan
I normally like his videos, especially the one takes, but I have no clue what he's on about here. The RS is so far from luxury. Luxury ride? Nope it's a pretty stiff ride on account of being so track or sport or whatever focused Luxury interior? Hell no fake leather is not luxury It doesn't even have very much sound deadening or a good sound system
Jayden Rivera
>no tripcode >really really smart dude
Jayden Peterson
I don't know why people cream their pants over the Focus RS
It's a Focus with a blower and AWD, and it sounds like it's got a factory installed fart cannon.
For however much he paid for it, you could have bought a much nicer M3 and had infinitely more modification potential.
Jacob Martinez
M3s are soft and pigfat as fuck these days. I'd much rather have a Focus RS over a modern M3.
M2 though...
Jeremiah Hall
You guys are getting played. Farah has the income where he doesn't have to worry about leasing, owning, or whatever the fuck for an RS.
>Ford marketing calls Farah >Ford requests Farah pushes leasing options rather than owning >Farah talks up the car and leasing on his channel >In 2-3 years all these leasers influenced by Farah give up their RS when the car has still held its value like a similar STI/EVO >Ford rakes in the cash on used RS leases selling for almost new prices with how well they hold value
Alexander Cooper
>matt farah >worth millions pick one.
Cooper Allen
Not to go full weeb, but high end Seikos are very good too.
Carson Myers
>Where do you source an original set of computers? Mercedes? They keep shit in stock for a long time, and if you really need to they will make it for you new. Toyota does it too
David Green
YOU LITERAL SHIT STAIN ITS NOT EVEN A MEME WHO DO YOU THINK YOU ARE ITS NOT EVEN A LEXUS ITS NOT MATT FARAHS MILLION MILE FOCUS HOW CAN HE EVEN HAVE A MILLION MILES ON IT? HOW CAN YOU EVEN LIVE WITH YOURSELF?
James Thomas
Makes perfect sense, also the part about not wanting to track it fits in so Ford doesn't have to worry about repairs on their unreliable shitcar