Why I DID NOT Pay Cash For My 2021 Range Rover SVR Carbon Edition

แชร์
ฝัง
  • เผยแพร่เมื่อ 16 พ.ย. 2024

ความคิดเห็น • 971

  • @ToneRetroGaming
    @ToneRetroGaming 3 ปีที่แล้ว +67

    Showing the receipts is just as important as teaching about how to build wealth. We like seeing the toys too Richard.

  • @verympressiv
    @verympressiv 3 ปีที่แล้ว +19

    This is why I subscribed a while ago when I seen the black GT3. Most financial channels preach to never finance cars because they’re depreciating assets etc etc but what about for us folks that actually like cars? You show that it’s a way to be smart and purchase/ enjoy these toys at the same time 💪🏾

    • @youngfinance6319
      @youngfinance6319 3 ปีที่แล้ว +3

      exactly like life is not all about investing and that's it. We have to have a balance between investing, cars, houses, family etc...

    • @James-zy4nc
      @James-zy4nc 3 ปีที่แล้ว +6

      Yes! I can’t stand those channels. I just want to scream at them: “No sh@&t it’s not a good financial move!” God forbid we want to enjoy our cars instead of driving a 15 year old Honda like they all preach.

  • @CareerVidz
    @CareerVidz 3 ปีที่แล้ว +20

    Thanks for the video, Richard! Brilliant! I've just ordered my black matt carbon edition SVR! Can't wait :)

  • @swpdisciple
    @swpdisciple 3 ปีที่แล้ว +84

    I think you’re doing it the right way. I finance my cars as well, though I’m still in the $35k car bracket lol

    • @finallygoated2361
      @finallygoated2361 3 ปีที่แล้ว +7

      I got a bike be thankful

    • @swpdisciple
      @swpdisciple 3 ปีที่แล้ว +6

      @@finallygoated2361 in all things give thanks

    • @kennygee5958
      @kennygee5958 3 ปีที่แล้ว +2

      You’re still $34,950 better than me😭

  • @shesthe1foru
    @shesthe1foru 3 ปีที่แล้ว +20

    I have a 2015 SVR. Love it just as much as the day I bought it brand-new. Best car I've ever owned, and I've had lots. Have looked at the newer models, but love having a paid off car for now. I still get all the same looks as if it's a brand-new one. It is a solid car/truck whatever you want to call it. Enjoy!

    • @owobaggins
      @owobaggins 3 ปีที่แล้ว

      I had range rovers arent reliable as per engine is that true

    • @mikeystepback8639
      @mikeystepback8639 3 ปีที่แล้ว

      5.0L are great not true ....now Electronics..English aren't the best and it costs as much as an engine...electric cars are here these are getting obsolete buy a Ford Mach e

    • @memarkie
      @memarkie 3 ปีที่แล้ว

      Finance or Lease? thank you

    • @shesthe1foru
      @shesthe1foru 3 ปีที่แล้ว +1

      5th Range Rover....I've always traded them in by 50k miles, and NEVER had any engine or electronics problems ever. My SVR is approaching 80k, and same with it. I don't ever lease. Just bought a Velar SV 0% financing back at the end of 2020. That's how you do it.

  • @MCKenDaugherty
    @MCKenDaugherty 2 ปีที่แล้ว

    If you can see it in your mind, you can hold it in your hands... that's one of the realest things I have ever heard man

  • @jimmore9522
    @jimmore9522 3 ปีที่แล้ว +11

    This guy is awesome at least he replies to his subscribers 💯 stay healthy wealthy and wise

    • @rudyvradio
      @rudyvradio 3 ปีที่แล้ว

      Yeah, except for the scamming troll. Beware...

  • @SuperDman104
    @SuperDman104 3 ปีที่แล้ว

    This is my I am a car enthusiast now 🛠 🚘... my brotha keep up your work I love seeing our kind doing big things. You are blessed I’m only 22 I inspire to be able to live comfortably as yourself. Much love 🖤💪🏽

  • @codyc9784
    @codyc9784 3 ปีที่แล้ว +15

    I just bought a Silver 21 SVR with the Pimento interior! I’ve had it 2 days and absolutely love it!! Congratulations buddy!!!

    • @lnvestlngwlthr0se0s39
      @lnvestlngwlthr0se0s39 3 ปีที่แล้ว

      Thanks for the review +1

    • @lnvestlngwlthr0se0s39
      @lnvestlngwlthr0se0s39 3 ปีที่แล้ว

      Hit me up for further assistance on earning

    • @liamwindsor2019
      @liamwindsor2019 3 ปีที่แล้ว +1

      Congratulations on your new car man!!! I love me some Range Rover

    • @codyc9784
      @codyc9784 3 ปีที่แล้ว +1

      @@liamwindsor2019 thank you 🙏

    • @trickcyclist1
      @trickcyclist1 3 ปีที่แล้ว

      How much is the SVR price in your country ? I want to see if it's different from here in Dubai

  • @maryannefabian7330
    @maryannefabian7330 3 ปีที่แล้ว +1

    Learnt huge from you and hope to also get to enjoy the kind of life you live. Am glad I came across your channel

  • @gwenhargett7685
    @gwenhargett7685 3 ปีที่แล้ว +12

    Seeing your enthusiasm talking about your new whip reminds me of my brother. The carbon is real cool.They way you purchased it is understandable. Thanks for the knowledge.🦉

  • @athosyiannis
    @athosyiannis 3 ปีที่แล้ว +1

    I am now to the channel. Absolutely agree with Richards view on not buying a car for cash. Make the cash work for you and let the profits pay for rentals.

  • @upstream0564
    @upstream0564 3 ปีที่แล้ว +28

    This channel blew up literally over night! Congratulations father Fain! 😎

    • @RichardFain
      @RichardFain  3 ปีที่แล้ว +4

      Thank you 🙏🏽

  • @WillMotivation
    @WillMotivation 3 ปีที่แล้ว +118

    Nice whip! These are actually my favorite videos and why I subscribed along with the knowledge, but gotta keep sharing the cars brother!
    By the way I am also an introvert, but we gotta connect man. I got a new car coming I think you'll like!

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว +2

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅

    • @mrsmith5320
      @mrsmith5320 3 ปีที่แล้ว +4

      A RF and WillMo collab....please do it Brothers!!! Yall know you could right off the entire trip!!!

    • @RichardFain
      @RichardFain  3 ปีที่แล้ว +30

      @Will Motivation definitely need to do more car content. I like to connect this summer. I’ll fly up and hang for a few days. Make some content and drive that Lambo & F12. Both are beasts!

    • @sharodbell
      @sharodbell 3 ปีที่แล้ว +2

      Oh yeah!!! 👏🏾👏🏾👏🏾😎 this is gonna be a good one!

    • @ran2j722
      @ran2j722 3 ปีที่แล้ว +3

      For real i missed the car vids from richard lol even though money talk good need to show us the whips too!👍🏻 good luck enjoy

  • @Fefe111
    @Fefe111 3 ปีที่แล้ว +13

    I love your ranger rover! The interior and exterior looks so nice. I chose to lease my vehicle because it was inexpensive for the vehicle I purchased the car salesman said buying would’ve been a lot more.

    • @richardfain415
      @richardfain415 3 ปีที่แล้ว

      *I'm so Glad and happy for your comments W:h:a:t:s:a:p:p+1(7:8:6:) (6:0:7:)(6:9:3:9:)❤️

  • @SweetBuLivingLife
    @SweetBuLivingLife 3 ปีที่แล้ว +1

    This vehicle is so BEAUTIFUL. It has the sporty luxury look and feel that I have been searching for. I liked the Velars, but they were just so plain; I like things that not many others have; so the SVR with Carbon pkg is on my list of potential next vehicles. Thanks for sharing Richard. May it be a fun and enjoyable driving experience!!!

  • @jayadidas
    @jayadidas 3 ปีที่แล้ว +12

    The Range is beautiful, I'm digging the dual screens.

    • @richardfain415
      @richardfain415 3 ปีที่แล้ว +1

      *I'm so Glad and happy for your comments W:h:a:t:s:a:p:p+1(7:8:6:) (6:0:7:)(6:9:3:9:)❤️

  • @j3jw82
    @j3jw82 3 ปีที่แล้ว +2

    Was literally at my local LR dealership yesterday getting mine serviced and inside they had a British Racing green carbon edition SVR. I wouldn’t have thought green could go hard but it was CRAZY! Love yours and congrats!

  • @lucasw9848
    @lucasw9848 3 ปีที่แล้ว +29

    That’s my dream car! I’ll get it one day. Thanks for the motivation.

  • @2cardarsenal310
    @2cardarsenal310 3 ปีที่แล้ว +1

    One of the best videos I've seen where a person gives solid financial advice when it pertains to cars, Beautiful RR Richard! Thanks for the video and knowledge.

  • @iamsuccess6634
    @iamsuccess6634 3 ปีที่แล้ว +9

    I love this guy. I'm studying Accounting, I can tell you are knowledgeable. From your advice, I contribute 10% of my income pre-tax in my 401k and diversify my portfolio into some aggressive fund and it is paying off well. Wish you could mentor me, Great channel!!!!

  • @edfox2725
    @edfox2725 3 ปีที่แล้ว

    Dude. You’re a smart guy. I like your reasoning and even more your acceptance of others.

  • @hman2973
    @hman2973 3 ปีที่แล้ว +7

    I buy a brand new car, "Spec the way I want to spec it" (Richard Fain). Crystal clear concept!

    • @rudyvradio
      @rudyvradio 3 ปีที่แล้ว +1

      Yeah, that was classic...

  • @cardenedgie6584
    @cardenedgie6584 3 ปีที่แล้ว +2

    RANGE ROVER is my FAVORITE CAR,
    And that brand new one is VERY GREAT. I think FINANCING (at 50%) it's a GOOD CHOICE, because it helps you BOUST your CREDIT and you have time to MANAGE all YOUR BILLS.
    I really APPRECIATE your PRESENTATION BRO.🙌🏿💡

  • @justintoth5440
    @justintoth5440 3 ปีที่แล้ว +4

    Absolutely stunning looking. Great spec. I personally believe that if I can’t pay in cash I can’t afford it, but I appreciate your reasoning.

  • @985tundra
    @985tundra 3 ปีที่แล้ว

    We just rented a Range Rover Sport SE on our trip to San Diego. We drove the coast to L.A. we loved the comfort and when you hit the gas it went. 💯

  • @DGYtown
    @DGYtown 3 ปีที่แล้ว +8

    The truck is dope. Personally I would pay cash. I am not in your car bracket but I just bought a Acura MDX. But like you said if it works for you that’s all that matters

    • @Emmanuel0
      @Emmanuel0 3 ปีที่แล้ว +1

      Yes the Range rover is beautiful but Your MDX will be alot more reliable.

    • @DGYtown
      @DGYtown 3 ปีที่แล้ว

      @Spider-Man I have a 2018 MDX base with Fwd. about 20k miles. Only had one issue. The oil sensor needed to be replaced. The dealership took care of it under warranty. What should o look out for ?

  • @abovenbeyondlimits81
    @abovenbeyondlimits81 3 ปีที่แล้ว +1

    I’m the 10 year old car didn’t loose appreciation . Near 40 have 4 cars and a bike and never have had a car payment .. that works for me , and I have the car that has all the options and most think it’s 3yrs old . The jaguar 5.0 xjl supercharged edition it’s is quite lovely ! I did it this way to be able to afford that plus collect . So yea next step would be something near your level of having the portfolio working so well that the good credit allows me to use financing the same way. Props to you! Have a plan , research and stick to the plan that allows the access to your gain and goal . Props !

    • @jameskarim8306
      @jameskarim8306 3 ปีที่แล้ว

      .Thanks for the review
      +1>>3>>0>>5>>59>>6>>2>>9>>5>>
      t>t>a>p>p>•

  • @Zhaturianvisionz
    @Zhaturianvisionz 3 ปีที่แล้ว +6

    Stunt-in! You are flexing hard with that one Rich. That carbon is in all the right places.

  • @74aamer
    @74aamer 3 ปีที่แล้ว +1

    Respect for not revving it respecting your community

  • @jamesbrown3030
    @jamesbrown3030 3 ปีที่แล้ว +13

    And then BOOM!!!...Carbon🤣 Nice whip, stay blessed.

  • @Dad-979
    @Dad-979 3 ปีที่แล้ว +1

    That color is wicked!! Awesome bro!!

  • @TheLizardKing1967
    @TheLizardKing1967 3 ปีที่แล้ว +103

    Next video: Why I paid $300.00 for a 94' Toyota Celica and have no Stupid Car payments". Scotty Kilmer

    • @pinned.by.aymanmufleh9787
      @pinned.by.aymanmufleh9787 3 ปีที่แล้ว +4

      *I'll introduce you to life changing investment*

    • @pinned.by.aymanmufleh9787
      @pinned.by.aymanmufleh9787 3 ปีที่แล้ว +2

      *Text on what$@pp*

    • @TheLizardKing1967
      @TheLizardKing1967 3 ปีที่แล้ว +8

      @@pinned.by.aymanmufleh9787 lol

    • @Mosiano
      @Mosiano 3 ปีที่แล้ว +14

      Yo I have a 95 corolla no car note. When I need to gain business attention/ market myself I will rent. I still believe in paying for my vehicle. Debt free gang

    • @docsays
      @docsays 3 ปีที่แล้ว +12

      - ya im not financing any more cars. Id rather own mine out right. That monthly car payment is $$$ that could be invested elsewhere.

  • @ozemsadventureofrandomstuf252
    @ozemsadventureofrandomstuf252 3 ปีที่แล้ว

    I’m new here what’s up guys!🕺🏼😎. Personally, based in South Africa, depending on your credit it’s best to take out finance for vehicles in general. I use finance because as mentioned it’s way cheaper to manage month to month and not forking out all extra money that could invest in other stuff. Most people still like idea of cash but it’s just not worth it. And really I know that benefit you mentioned about using personal car for business and getting a Tax rebate which is amazing so no brainer. If you wanted an old car that you going to fix up tune etc by all means go pay $2500 for something like that but don’t fork out in excess of $40k just for car never!

  • @Imkindofashooter
    @Imkindofashooter 3 ปีที่แล้ว +3

    Beautiful vehicle congratulations you deserve it!! Thanks for all the knowledge and wisdom you give us all the time!

  • @p-vision
    @p-vision 3 ปีที่แล้ว

    I like this approach. Simple and to the point, I like it.

  • @moneytalkswithjonathanthom4150
    @moneytalkswithjonathanthom4150 3 ปีที่แล้ว +4

    Over 300k subs well done! good tax deduction. Not to mention the prop write off because you plan to make content I'd be curious can you still depreciate it as a personal auto loan. so cool. The Tech is simply amazing

    • @RichardFain
      @RichardFain  3 ปีที่แล้ว +1

      No depreciation but can rent the car to the business @ daily rate as long as I use the car in the YT video. Many ways to expense the cars !

    • @moneytalkswithjonathanthom4150
      @moneytalkswithjonathanthom4150 3 ปีที่แล้ว

      @@RichardFain So cool..Beautiful Truck

  • @decemberbaby4968
    @decemberbaby4968 3 ปีที่แล้ว +9

    That Range Rover is a BEAST and enjoy the ride BRO!

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅

  • @hardkncklife2049
    @hardkncklife2049 3 ปีที่แล้ว

    Bro, you made so much SENSE about financing.. most ppl should listen to you .but st the end of the day ppl gotta do what works for them,. Funny as hell when you said you don’t know nothing about cars but was so hyped over the carbon lol lol great video my brother 🤣🤣🤣

  • @jeanduperat912
    @jeanduperat912 3 ปีที่แล้ว +3

    I am driving a GLC 300 coupe, but Range Rover is always in my mind. Thanks for sharing

  • @hondasrdbest9614
    @hondasrdbest9614 3 ปีที่แล้ว +1

    I guess I'm the only one in the comments that's not a fan of range rover. We own and have titles to an 2006 honda pilot EX with 3rd row seats and over 260,000 miles and a 2014 honda Ridgeline black edition with 140,000 miles. I must say that range rover is pristine though. Congrats bruh!

  • @nhlanhlamsimango6885
    @nhlanhlamsimango6885 3 ปีที่แล้ว +3

    Oh man beautiful. Thanks for sharing this beautiful ride I'm inspired. Enjoy it man

  • @jeffstenger8431
    @jeffstenger8431 3 ปีที่แล้ว +1

    That ride is amazing. I’ve been watching a lot of Range Rover Sport SVR videos and your ride is the sickest so far. It is a work of art. Interior with the white/grey contrast is perfect. I appreciate your message and will follow for sure. Can’t wait to see you out driving this vehicle.

  • @vibesaddickentertainment9777
    @vibesaddickentertainment9777 3 ปีที่แล้ว +3

    That range rover is a beast richard congrats on the purchase 👏🏼 i love the carbon hood 😍

  • @Sherry-oc9tb
    @Sherry-oc9tb 3 ปีที่แล้ว +1

    What a interesting video.
    Thank you. I too am going to purchase a Range Rover Sport and was undecided whether to pay cash or finance through my credit union. I too only want what I want and this means a brand new car, 1st time owner.
    Looking forward to your next Range rover video.
    Sherry in Los Angeles

  • @bryancrowe
    @bryancrowe 3 ปีที่แล้ว +3

    Love the Range Rover I finally understand the way you Finance your vehicle

    • @richardfain415
      @richardfain415 3 ปีที่แล้ว

      *I'm so Glad and happy for your comments W:h:a:t:s:a:p:p+1(7:8:6:) (6:0:7:)(6:9:3:9:)❤️

  • @davidkuria6463
    @davidkuria6463 3 ปีที่แล้ว

    I like the Range Rover and the financing option that allows you to be flexible in the markets. I’m about to get 50% financing for my first brand new car and I just learned something new that I can start implementing. God bless you

  • @mrche2
    @mrche2 3 ปีที่แล้ว +3

    NIce vehicle! Wanted to see more of the Sun roof in action. Will wait for the next video. BTW, I'm looking at the much maligned Tesla CyberTruck but I have always wanted a Range Rover ever since I rode in one in a 3rd world country many years back.
    I suggest you check out the Morgan Stanley LAL as a way to preserve your stock/assets.

  • @makingmoney8405
    @makingmoney8405 3 ปีที่แล้ว

    I love your cars and the way you speak and carry yourself.

  • @A.Campbell
    @A.Campbell 3 ปีที่แล้ว +3

    Hard work and commitment pays off

  • @andrewwebley6768
    @andrewwebley6768 3 ปีที่แล้ว

    Range rovers are the bomb. I have a 2017 RRS SVR tuned. The 2021 is an awesome beast

  • @Je.rone_
    @Je.rone_ 3 ปีที่แล้ว +5

    I didn't pay cash for my last car either presumably for similar reasons

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅

  • @orlandousbrown2368
    @orlandousbrown2368 3 ปีที่แล้ว +1

    I get you Rich.. but I pay for my cars in cash. You're very informative. Thanks.

  • @lameduck3630
    @lameduck3630 3 ปีที่แล้ว +3

    You might have missed it but he said some bits are made from carbon.

    • @jameskarim8306
      @jameskarim8306 3 ปีที่แล้ว

      Thanks for the review
      +1>>3>>0>>5>>59>>6>>2>>9>>5>>
      t>t>a>p>p>

  • @sportzpickz
    @sportzpickz 3 ปีที่แล้ว

    Lovely car. The infinite Carbon specification with extra carbon, more carbon and a side dish of carbon. Beautiful

  • @winsbeyond8295
    @winsbeyond8295 3 ปีที่แล้ว +11

    That's an AMAZING vehicle! Be blessed Rich!

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅

  • @markphillips821
    @markphillips821 3 ปีที่แล้ว

    Your Ave is the ultimate my Freind
    Also when you have finance you can sell your car at anytime but with leasing you are stuck for the duration or the lease
    Peace and love Man
    Yours
    Mark

  • @gerry2345
    @gerry2345 3 ปีที่แล้ว +4

    I like this vid and financing actually makes sense when you are a business owner... So does that mean Mr Fain is now Bullit proof with the Carbon edition.

  • @sdot7117
    @sdot7117 3 ปีที่แล้ว +1

    Is there a reason you don’t buy in your business name?
    We’re purchasing our next vehicle in our business name (most of our driving is business related as well) and taking advantage of Bonus Depreciation to reduce our taxable income.

  • @umarhanif6413
    @umarhanif6413 3 ปีที่แล้ว +3

    Don’t know how I ended up at this channel but I’m now a subscriber!!

    • @rudyvradio
      @rudyvradio 3 ปีที่แล้ว

      Same here. GOD knows what we need though.

  • @geefella9533
    @geefella9533 3 ปีที่แล้ว +1

    I think buying a brand new vehicle overall is a stupid choice to make unless your claiming VAT back and selling within 3/6 months. The depreciation is not healthy, i did this in 2018, 85k for a car which is now worth 35k and i still owe 55k on it! Disgusting

  • @KeithJones31
    @KeithJones31 3 ปีที่แล้ว +12

    Yes never pour large amounts of your capital into depreciating possessions instead leverage the banks money and invest your money

    • @nombre1248
      @nombre1248 3 ปีที่แล้ว +5

      Banks carry high interest tho

    • @keoagilemothudi2891
      @keoagilemothudi2891 3 ปีที่แล้ว +6

      @@nombre1248 and thats why i paid mine cash coz at the end of the payment you would have paid way more than cash buyer .unless you hav investments in need of that cash.

    • @mssha1980
      @mssha1980 3 ปีที่แล้ว

      @@nombre1248 you can get new cars at 0% or very low interest

    • @nombre1248
      @nombre1248 3 ปีที่แล้ว

      @@mssha1980 must be where you are… clap clap

  • @sidimagamedala6064
    @sidimagamedala6064 3 ปีที่แล้ว +2

    Brief but very informative video on finance. Thanks I love the Rover I'm dreaming about it, hoping to own it one day 🙏🏾

    • @jameskarim8306
      @jameskarim8306 3 ปีที่แล้ว

      .Thanks for the review
      +1>>3>>0>>5>>59>>6>>2>>9>>5>>
      t>t>a>p>p>•

  • @dozhadeville444
    @dozhadeville444 3 ปีที่แล้ว +5

    Aw yea that boy is clean!
    That liquid black, I'll paint me a Jeep for now until I can afford the Rover lol
    Appreciate all the knowledge ✊🏾

  • @jwmahone7862
    @jwmahone7862 3 ปีที่แล้ว +2

    Nice Whip Richard. Thank you for all the information you provide and man if you want a new ride, you deserve it.

  • @k.alexander9358
    @k.alexander9358 3 ปีที่แล้ว +4

    I prefer to lease. I decided on the G63 amg of course. And you were spot on. It’s 2006 monthly after the 15k due at signing. Lol
    Nice river though. Blessings from Chicago.

    • @lnvestlngwlthr0se0s39
      @lnvestlngwlthr0se0s39 3 ปีที่แล้ว

      Thanks for the review +1

    • @lnvestlngwlthr0se0s39
      @lnvestlngwlthr0se0s39 3 ปีที่แล้ว

      Hit me up for further assistance on earning

    • @soundsandpressure
      @soundsandpressure 3 ปีที่แล้ว

      Yup! they are beautiful, but only run trouble free for about 4 years tops, just like BMWs. Best to lease them for 2-3 years then let it go.

  • @mustafael-amin9163
    @mustafael-amin9163 3 ปีที่แล้ว +1

    Hey Fain,what’s the 6th element?
    Fain:uhh,wild guess...Carbon?

  • @michaelm.9708
    @michaelm.9708 3 ปีที่แล้ว +3

    This was great. Love this SVR and financing it sounds like a smart plan!

  • @TheRealestRT
    @TheRealestRT 3 ปีที่แล้ว

    I learned a lot just through listening to you speak! I’m a new business owner and looking for ways to make my business work for me in every way possible! Thanks brother 👍🏾

  • @baovu2423
    @baovu2423 3 ปีที่แล้ว +22

    Range Rover are overpriced. For that monthly payment, I'd buy a house lol.

    • @jameskarim8306
      @jameskarim8306 3 ปีที่แล้ว

      Thanks for the review
      +1>>3>>0>>5>>59>>6>>2>>9>>5>>
      t>t>a>p>p>

    • @YoungBlaze
      @YoungBlaze 3 ปีที่แล้ว +2

      in um..........Cleveland or Detroit/.?

    • @Sahin_31
      @Sahin_31 3 ปีที่แล้ว +7

      Dont just go after money, reward yourself aswell. Believe me this man can well afford a 1500 payment a month.

    • @hamSAH713
      @hamSAH713 3 ปีที่แล้ว +2

      with 133 out of 100 problems on there cars, leasing would be best option

    • @YoungBlaze
      @YoungBlaze 3 ปีที่แล้ว +1

      @@hamSAH713 especially now
      due to the price has gon up on financing

  • @truthsavant6005
    @truthsavant6005 3 ปีที่แล้ว

    I get so excited when other people are excited about their car. Thant's a really nice vehicle, enjoy.

  • @tbaxter212000
    @tbaxter212000 3 ปีที่แล้ว +5

    Beautiful ride! Well done Richard! For me, I couldn't finance a depreciating asset, but that's just me. Plus I would be uncomfortable with the risk of an unpaid debt in my name. Again, that's just me. Enjoy that car. It is a sweet vehicle to be sure!

    • @priscusemmanuel8403
      @priscusemmanuel8403 3 ปีที่แล้ว +1

      Uncomfortable to take a risk, means you are fearful. He has the given the why? If his money can be used to make more money and use the profit to make the payments, why should he pay cash.

  • @rickslick730
    @rickslick730 3 ปีที่แล้ว +1

    Very nice Range Rover and I agree with you on financing instead of paying straight up cash

  • @ruinou5414
    @ruinou5414 3 ปีที่แล้ว +4

    Love the car and the way you explained it man, thank you!

    • @richardfain415
      @richardfain415 3 ปีที่แล้ว

      *I'm so Glad and happy for your comments W:h:a:t:s:a:p:p+1(7:8:6:) (6:0:7:)(6:9:3:9:)❤️

  • @qhawelihlendlovu3571
    @qhawelihlendlovu3571 3 ปีที่แล้ว

    Please sir do keep showing us this SVR as you modify it.
    especially when you deal with the exhaust kkkk i wanna hear this beast raor... wish to own such a thing oneday

  • @StopStrugglingNow
    @StopStrugglingNow 3 ปีที่แล้ว +4

    Very nice Range Rover, that edition sweet. The guys at Range Rover Ft Myers seemed to be good guys when I stopped in there, so cool you mentioned them.
    I say always buy a newer car on credit. Especially when 1.9%, 2.9% even 3.9%. Inflation is double digits, so why pay cash for depreciating asset? The interest on loan over 5yrs is minimal. Use your cash to earn more than the interest year over year. Other peoples money

  • @UncleErrol
    @UncleErrol 3 ปีที่แล้ว

    Richard, I had no idea you were a Range Rover guy! I’ve been looking at the Range Rovers for a few months and plan to get one next year. I agree with you that buying new (or nearly new) is the way to go. Financing in a low interest rate environment makes perfect sense.
    Great video and great looking car!

  • @Mickey95cctx
    @Mickey95cctx 3 ปีที่แล้ว +3

    The title of this video is funny. I couldn’t buy a ‘97 accord in cash right now

    • @jameskarim8306
      @jameskarim8306 3 ปีที่แล้ว

      Thanks for the review
      +1>>3>>0>>5>>59>>6>>2>>9>>5>>
      t>t>a>p>p>

  • @cfodc823
    @cfodc823 3 ปีที่แล้ว +2

    Love the financial management videos but missed the fleet videos. You haven't made in a while I didn't know you the Range Rover. It a beast!

  • @AllByDesign4
    @AllByDesign4 3 ปีที่แล้ว +4

    Man o man. One day! Great work!

  • @84cdog4321
    @84cdog4321 3 ปีที่แล้ว

    Great advice sir. That's the same financial direction I take when buying vehicles.

  • @petermacgregor2004
    @petermacgregor2004 3 ปีที่แล้ว +4

    I have the Sport SDV8. All Black outside and inside. Ebony Headlining.

  • @soprano4122
    @soprano4122 3 ปีที่แล้ว

    1st time here from uk........really enjoyed your content ....the car is fantastic and excellent spec.......i aint gotta clue about finance or loans i drive a 17 year old vauxhall corsa......thank you

    • @soprano4122
      @soprano4122 3 ปีที่แล้ว

      @Richard ғᴀɪɴ your a conman

  • @SweetandSourohmy
    @SweetandSourohmy 3 ปีที่แล้ว +4

    I just picked up a 2010 ford from my Moms 70 year old friend. Paid cash 3k! 🚗😏

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅

  • @hassanjagne9677
    @hassanjagne9677 3 ปีที่แล้ว

    My dream car bro. Nice one bro big up all the way from The Gambia Africa much love

  • @bodivanbodivan3668
    @bodivanbodivan3668 3 ปีที่แล้ว +3

    This video was very enjoyable.
    Keep it up Rich

  • @tmarkpeterson391
    @tmarkpeterson391 2 ปีที่แล้ว

    Great points my brotha! I looked at SVR and decided on 2022 Dynamic instead of SVR. Dealers were marking up SVR on average for about 15/20k. My Dynamic looks just like yours inside and out without the carbon fiber which looks SICK on your SVR! I also like the finance advice but I HIGHLY recommend Credit Union over traditional bank. Credit Union borrows from members which provide lower rates vs Banks that borrow from Fed which makes their rate higher! Great video and advice!

  • @cduone
    @cduone 3 ปีที่แล้ว +6

    Great perspective on financing.

    • @richardfain415
      @richardfain415 3 ปีที่แล้ว

      *I'm so Glad and happy for your comments W:h:a:t:s:a:p:p+1(7:8:6:) (6:0:7:)(6:9:3:9:)❤️

  • @BYU2726
    @BYU2726 3 ปีที่แล้ว +1

    Leasing is always better. You don’t have to pay the taxes for the whole price tag at purchase.

  • @rcauthen324
    @rcauthen324 3 ปีที่แล้ว +3

    If your Range Rover is over 6,000lbs, I believe you can write off 100% for business. The key is it has to be over 6,000 lbs.

  • @392_RHINO
    @392_RHINO 3 ปีที่แล้ว

    Glad to see my brothers living good and on too of that business. ✊🏾

  • @topactionfilms
    @topactionfilms 3 ปีที่แล้ว +5

    To me it never made any sense to pay cash .... why give it to the banks right away when you can take that money and flip it 4-5 times ..... thenn give the bank their part after you done flipped it a couple times 😎🥶

  • @Scamp1313
    @Scamp1313 3 ปีที่แล้ว

    Matte Silver exterior. Black and Red interior on mine! It is a beast!

  • @Marctastic1
    @Marctastic1 3 ปีที่แล้ว +7

    I haven’t been keeping up with your videos...but damn I remember I subscribed when you had 3k subscribers...now you have over 300k!!! Shit lol keep it up

  • @DrivenHard
    @DrivenHard 3 ปีที่แล้ว

    The interior is sick man. Great combo. 100% agree with you, I leased mine cause i was able to do it through my company cause it made financial sense for me cause of how I set it up.

  • @OverLeveragedTrader
    @OverLeveragedTrader 3 ปีที่แล้ว +3

    Bro that thing is so sick I think I found the one I want now

  • @peterwilson4248
    @peterwilson4248 3 ปีที่แล้ว +1

    Listening to you brings back many memories of my business courses in college. I wanted to major in finance or accounting but instead I chose Human Resources and Management, and those two were just as equally challenging. I did very well in my accounting and finance courses though. Anyway, I prefer paying cash if given the choice of the three options you mentioned because I like the idea of owning the product, despite the immediate depreciation.
    If something happens while paying off/leasing the product, you're still liable in many ways. Leasing makes sense if you plan on replacing a product in intervals: with months or a year or years. I'm very practical when it comes to purchasing expensive products; my wife is very niggardly on almost all purchases and has an astute business mind as her family owned a business for many years. My grandmother owned a few businesses years ago and although I was very young observing her, I still remember how effective she was without having any business academics. This was in the late 1960s early 1970s.
    She was natural at business and I believe that is why one of my aunts were so successful at her business, including my youngest brothers as well. Having a business takes a lot of discipline, patience, drive and hope. I know many people look at business success as chance or luck; I look at it spiritually: If you have faith and trust God, He will bless you at the right time. Nowadays it is so easy to peak and fall because of the rapid change in technology. If one is spiritually tuned, they'll know to hang on through rough times, even at the brink of losing everything.
    Mr. Fain, you seem like a very positive brother and I applaud you for sharing your knowledge and enthusiasm. This gift you have comes from none other than God and you are doing right by sharing your gift. I hope you are thanking God for your success as many Americans aren't receiving the kind of blessing you and many others are receiving. I'm not broke but I'm not considered poor either. I don't aspire to have a lot of money as I'm content with what God has blessed me with.
    May God grant you good health, increased financial knowledge and success. Stay safe because Florida has become an unstable place to move about. The politics and citizenry have become a bit toxic in Florida. The state is certainly still beautiful but the citizenry is lacking in civility. Peace out, my brother!

  • @timjacobs6610
    @timjacobs6610 3 ปีที่แล้ว +9

    I'm confused, so does he like carbon or not? 🤣🤣🤣

  • @timothyburke3971
    @timothyburke3971 3 ปีที่แล้ว

    Lovin that Rover brotha! I’m looking to grab a Porsche 911myself. I like the purchase option for sure, being that I can put down as your example $35-$40k and finance personally with obtaining owner financing and then write off the mileage on my business tax, as I would definitely use my vehicle for business purposes. Excellent insight😎

  • @TimeLapseCarGuyBruno
    @TimeLapseCarGuyBruno 3 ปีที่แล้ว +3

    ill take the Porsche Rich.. thanks in advance

    • @the.treys.trades.2408
      @the.treys.trades.2408 3 ปีที่แล้ว

      ••W•H•A•T•S•A•P•P••
      *+:1••/2••/0••/9••/2••/7••/8••/0••/5••/2••/9!!♥️📌✅