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.

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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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#financewithsharan #finance #sharan

[likhith-lexus]

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

[rithikgandhi]

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

[RobertDamanii]

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

[hemantlahale]

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.

[shrih]

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

[praveenkrishnan]

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.❤

[DE-Burrows]

Yes you might say that but More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire without any investment. Retirement becomes truly fulfilling when you possess two essential elements: financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement. .

[dpk]

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

[jollypaul]

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

[yogensachdev]

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

[__ayushman__]

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.

[lokeshwaraachari]

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❤

[tstcikhthys]

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").

[Jalebilovefafda]

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 .

[noshwhiakdhssdd]

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.

[jayantadeka]

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

[daforddp]

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

[keerthivasan]

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.

[arunkumar-wxxw]

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

[ZioMatrix]

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.