Levels of Wealth (Car Edition)

These are the 10 Levels of Wealth broken down based on the car you drive!
The #1 App Rich People Use To Optimize Their Lives!

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00:00 - Intro
00:20 - No car
00:56 - Cheap old car
— Price tag: around $10,000 or less
01:55 - Leather interior old second hand car — Price tag: $10,000-$20,000
03:04 - Under 5 year old car + a second car for the spouse — Price tag: $25,000-40,000
04:14 - Luxury second hand car or brand new mid-range car — Price tag: $40,000 - $70,000
05:08 - Brand new Luxury Car — Price tag: $100,000-$150,000
06:42 - Brand new Luxury his and her car
— Price tag: over $200,000
07:30 - GWagon, Maybach, Bentley or the cheapest Ferrari
— Price tag: $175,000-$300,000
08:35 - Rolls-Royce or Supercar
— Price tag: $400,000 - $1.2Million
09:22 - Supercar collection —
Price tag: 5M+ in cars
10:39 - One of a kind bespoke — Price tag:
whatever you’re willing to pay the car company

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[alux]

Hello Aluxers! How far up the levels of wealth (car edition) did you get?
The #1 App Rich People Use To Optimize Their Lives!

[mhtinla]

Poverty screams.
Money talks.
Wealth whispers.
Me silent.

[RickzMaven]

The fact that nobody talks about the book Matrix Golden Cashflow Tactics, speaks volumes why people dont earn a lot of money..

[botortamas]

Real car people couldn’t give a shit about these traditional brand names regardless of financial status.

[TheresaDiana]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[erkbupf]

Majority of rich people I know including my siblings (decamillionaires and above) drive ordinary cars like Lexus, Mazda, Toyota, Subaru, Ford.. Some rich people do drive luxury cars like Porsche and Mercedes but they don’t drive those cars to impress anyone.

[StarciFanchery]

Can we have the following in the series
1. Car Edition
2. Travel Edition
3. Private Jet edition
4. House Edition
5. Yacht Edition
6. Money Edition
7. Clothes Edition

[JayantRaut]

No Elvish Yadav harmed in this video 😂

[tinytony]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[FredMeyer-noji]

Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[FegaroScheu]

*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*

[josephtaylor]

My workaround is to drive knockoffs. I currently drive a BNW. Someday, i hope to upgrade to a Role-Roice or Gubatti. 😂

[ListeningEar-stry]

All the wealthy people I've seen don't want me to know their wealth. They drive Hondas and Toyotas. Or, if they wanna be fancy, they may get that Benz for everyday driving

[AJ]

9:40 calling an Urus a P1 is sacrilege..

[StephanieMiller-oh]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

[doggydogdaily]

1)Level 0 - No Car.
2)Level 1 - Cheap Old Car (10K or Less).
3)Level 2 - Leather Interior Old Second Hand Car (10K - 20K)
4)Level 3 - Under Five Year Old Car + A Second Car For The Spouse. (25K - 40K)
5)Level. 4 - Luxury Second Hand Car or Brand New Mid Range Car.(40K - 70K)
6)Level 5 - Brand New Luxury Car (100 - 150K)
7)Level 6 - Brand New Luxury His & Her Car (Over 200K)
8)Level 7 - G Wagon, Maybach, Bentley Or The Cheapest Ferrari(175 - 300K)
9)Level 8 - Rolls Royce Or Super Car - (400k - 1.2M)
10)Level 9 - Supercar Collection (5M+ In Cars)
11)Level 10 - One On A Kind Be Spoke(Whatever You Are Willing To Pay)

[chimwemwebanda]

"Real rich people drive hondas "You guys if you have all the money but still want regular things then what are you doing it for?

[mbc]

A 10+ year old car will not have Android Auto or Apple Carplay as the first car with Android Auto was introduced in 2014 and most cars got it after 2016.

[pyootchnich]

Responding to popular comments here…
“Stealth wealth“ is *mostly* a myth perpetuated by those without wealth as a form of virtue signaling.
Sometimes wealthy people buy nice cars because they have an appreciation for form and function. Not because they want to flex.

[ewjomega]

I don't know about this one Alux.

I have been very blessed and as a property manager for the last 22 years i have worked for many wealthy people.

Most of them drive either a Ford (F-150), Honda (Accord) and Toyota (Forerunner, Highlander).

These vehicles were all purchased new and they keep them for about 8yrs on average.

Financially some may consider me well off. However i have only 2 vehicles. I drive a work van (Transit connect) as my daily driver and a honda accord.
I will purchase a new Accord at the end of the year.

This list was very interesting but in my experience most millionaires do not drive the cars on this list.

These people do not want the attention and headache that come with very expensive cars.

I cannot justify in my mind paying over 55k for a car. During the last financial crisis in 2008 i was able to buy an entire 3 bedroom 2 bathroom single family house for 75k. That property has been literally printing money for me every month since then and that wasn't the only house we got during that time.

Paying a lot for cars is not smart use of resources. A fully loaded f-150, Accord or Forerunner has all the bells and whistles one could want.