WEBVTT - Bonus: Hot Pursuit! Talks Hybrids vs. EVs and All Things Audi 0:00:00.040 --> 0:00:01.120 Hey, this is Matt Miller. 0:00:01.280 --> 0:00:03.400 You listen to me every day, I hope on the 0:00:03.440 --> 0:00:07.680 Tape podcast with Paul Sweeney. I've got a new podcast though, 0:00:07.720 --> 0:00:12.040 that I'm running alongside the Tape with my friend Hannah Elliott. 0:00:12.080 --> 0:00:14.080 She's the car reviewer from Bloomberg Pursuits. 0:00:14.080 --> 0:00:16.919 We call it Hot Pursuit, and we tell you everything 0:00:16.960 --> 0:00:20.040 you need to know or want to know about new cars, 0:00:20.120 --> 0:00:24.239 about the automotive industry, about car events. I'm gonna drop 0:00:24.280 --> 0:00:27.880 a little sample from the Hot Pursuit podcast here. 0:00:28.240 --> 0:00:28.960 Take a listen. 0:00:29.120 --> 0:00:31.760 If you like it, go to the Hot Pursuit page 0:00:32.240 --> 0:00:35.320 and subscribe. You can find it on Apple, on Spotify, 0:00:35.440 --> 0:00:37.839 or anywhere you get your podcasts. 0:00:40.159 --> 0:00:43.600 I'm Matt Miller, I'm Hannah Elliott, and this is Hot Pursuit. 0:00:51.159 --> 0:00:54.240 All right, we have a fantastic podcast for you today. 0:00:54.440 --> 0:00:56.960 We're gonna touch on Formula one, give you the update 0:00:57.000 --> 0:00:59.040 on the Ferraris we were talking about last week. But 0:00:59.120 --> 0:01:01.960 we also have a special guest. Recurring guest Barry Ridholtz. 0:01:02.400 --> 0:01:05.920 He is the host of Masters in Business, probably our 0:01:05.959 --> 0:01:09.840 most popular podcast on the Bloomberg platform, and he has 0:01:09.880 --> 0:01:12.840 a new podcast called At the Money, At the Money, 0:01:13.040 --> 0:01:16.440 atm plus obviously the founder of Ritholts Wealth Management, and 0:01:16.480 --> 0:01:17.759 he's a contributor. 0:01:17.280 --> 0:01:18.160 To Bloomberg a lot. 0:01:18.280 --> 0:01:20.800 So, Hannah, we're going to talk about Formula one because 0:01:20.800 --> 0:01:23.000 you're preparing to go to Las Vegas. We're also going 0:01:23.080 --> 0:01:25.760 to talk about hybrid's. I think they're the way forward. 0:01:26.000 --> 0:01:28.520 You think it's a band aid. There's a lot more 0:01:28.720 --> 0:01:31.840 sort of econo boxes and grocery getters that I think 0:01:31.880 --> 0:01:34.680 are really cool though in this space. And then we're 0:01:34.720 --> 0:01:37.600 going to get to Audi's. You just recently drove the 0:01:38.040 --> 0:01:41.640 SQ eight E Tron, that's correct, and Barry has an 0:01:41.760 --> 0:01:44.640 R eight. The first car I bought was an Audie 0:01:44.720 --> 0:01:46.199 and a for a Vaunt. 0:01:46.600 --> 0:01:48.640 Those have become very collectible. 0:01:48.120 --> 0:01:50.760 Now and mine was a two point five TDI which 0:01:50.800 --> 0:01:51.760 I loved. 0:01:51.440 --> 0:01:55.120 With so stick shift, yes, obvious, Yeah, those have become desirable. 0:01:55.160 --> 0:01:57.080 All right, Let's kick it off though with Formula one, 0:01:57.080 --> 0:02:01.480 because I guess what you're getting ready to head out 0:02:01.560 --> 0:02:03.480 to Sin City and what do you expect. 0:02:03.680 --> 0:02:08.400 It's going to be very interesting because when Formula one 0:02:08.400 --> 0:02:11.920 in Liberty Media, which owns Formula one, entered into this 0:02:12.000 --> 0:02:14.200 deal with the city of Las Vegas to host the race, 0:02:14.320 --> 0:02:16.560 it seemed like a home run, like a match made 0:02:16.560 --> 0:02:18.920 in Heaven. I mean, it's Vegas, which of course is 0:02:18.919 --> 0:02:22.000 sort of the party center of the world right now 0:02:22.360 --> 0:02:25.240 and has a bunch of great professional sports team. We've 0:02:25.280 --> 0:02:28.360 got hockey, We've got NFL, We're going to get some baseball. 0:02:28.120 --> 0:02:30.959 The Blagio Win Resorts, the Sphere. 0:02:31.240 --> 0:02:33.519 Oh, let's not forget the Sphere. There's so much there. 0:02:33.560 --> 0:02:35.359 And the food's great, you know, all. 0:02:35.240 --> 0:02:35.760 Of this stuff. 0:02:35.760 --> 0:02:39.280 There's Jean George restaurants. But the thing is, and you know, 0:02:39.320 --> 0:02:42.520 Formula one's been doing great in the US, but in 0:02:42.560 --> 0:02:46.040 the past month or so, it's been really weird because 0:02:46.120 --> 0:02:50.040 ticket prices have been dropping, both ticket prices for general 0:02:50.280 --> 0:02:55.440 entry into the Grand Prix, hotel room rates have been dropping, 0:02:55.840 --> 0:03:00.560 and it's kind of creating this feeling that maybe Vegas 0:03:00.560 --> 0:03:05.240 bit off more than it can chew. It's possible organizers 0:03:05.280 --> 0:03:07.520 sort of got a little bit too greedy with how 0:03:07.520 --> 0:03:10.799 they price things, and people are just not having it. 0:03:10.880 --> 0:03:11.639 That's crazy. 0:03:11.720 --> 0:03:14.360 So if I decided, you know what, I am gonna 0:03:14.400 --> 0:03:17.520 go see Formula on this weekend and skip the birth 0:03:17.520 --> 0:03:21.360 of my second daughter, You think I could get tickets. 0:03:21.320 --> 0:03:23.840 You'd have no problem getting tickets. Now, I will say 0:03:23.960 --> 0:03:26.440 you might pay like six or seven hundred dollars a 0:03:26.560 --> 0:03:29.600 night for a hotel room at like the Venetian, but 0:03:29.680 --> 0:03:33.720 that's pretty typical, and it's actually far less than you 0:03:33.760 --> 0:03:36.000 would have paid had you tried to get a room 0:03:36.080 --> 0:03:38.840 a month ago or two months ago. So this is 0:03:39.040 --> 0:03:42.880 an expensive sport and an expensive city, but compared to 0:03:42.960 --> 0:03:45.840 what prices were listed at a month or two months ago, 0:03:46.200 --> 0:03:48.680 you're gonna get a deal. And there's plenty of tickets 0:03:48.720 --> 0:03:50.960 to go around. There are plenty of flights from La 0:03:51.040 --> 0:03:51.640 to Vegas. 0:03:51.880 --> 0:03:54.200 So Barry when you when you go, you know, the 0:03:54.280 --> 0:03:57.920 problem with Formula one is you know, you're in a corner, 0:03:58.120 --> 0:04:00.600 you're watching the cars go by. It's not I know, 0:04:00.640 --> 0:04:05.360 it's very visceral and very exciting feeling moments. That's the 0:04:05.400 --> 0:04:08.160 best part. But then you're there for another four hours 0:04:08.200 --> 0:04:11.760 and it's a sport that's so great on television. It's 0:04:11.920 --> 0:04:14.760 very comfortable. You really can see stuff. Everyone should go 0:04:14.840 --> 0:04:16.359 do it once. I don't know if I need to 0:04:16.400 --> 0:04:20.440 do this in Vegas. And the thing I'm wondering about 0:04:20.920 --> 0:04:24.280 how much of this is specific to Las Vegas, and 0:04:24.320 --> 0:04:27.360 how much of this is just Hey, the economy is 0:04:27.560 --> 0:04:31.520 moving along, inflation is coming down, but we're starting to 0:04:31.680 --> 0:04:34.480 slow down. When you look at what's going on with 0:04:34.960 --> 0:04:38.960 auction prices of used cars nine to elevens, ferraris whatever, 0:04:39.160 --> 0:04:42.680 or even watches. Everything seems that had round up in 0:04:42.720 --> 0:04:46.000 twenty and twenty one and twenty two, it's all softening. 0:04:46.120 --> 0:04:48.719 I wonder if this is a broader macro concern. 0:04:49.160 --> 0:04:52.320 I think that's a really interesting point. And we talked 0:04:52.520 --> 0:04:57.040 about this Ferrari last week, this Ferrari two to fifty 0:04:57.080 --> 0:04:58.800 gto that was going to go on sale, and to 0:04:58.839 --> 0:05:02.279 your point, Barry, yes, it sold this week for almost 0:05:02.360 --> 0:05:06.840 fifty two million dollars, but that was actually far less 0:05:07.040 --> 0:05:09.440 than arm Sotheby's had hoped to get for the car, 0:05:09.920 --> 0:05:13.000 and they were saying, you know, in excess of sixty million, 0:05:13.240 --> 0:05:17.120 the hammer price on that befo I was actually forty seven. So, yes, 0:05:17.240 --> 0:05:20.480 this is a very expensive car, but relative to where 0:05:20.520 --> 0:05:23.200 it was supposed to be quote unquote, it's really down. 0:05:23.320 --> 0:05:26.840 And to your point, very I think this Yolo economy 0:05:27.200 --> 0:05:28.000 is over. 0:05:28.520 --> 0:05:31.320 Yeah, we saw this week Bloomberg put out a story 0:05:31.480 --> 0:05:36.240 prices for Rolex and Pateech, Philippe watches. You know, the 0:05:36.360 --> 0:05:40.640 ultra luxury super high end watches on the Bloomberg Subdial 0:05:40.680 --> 0:05:44.119 index have come crashing down. They were off one point 0:05:44.120 --> 0:05:46.800 eight percent last month to the lowest level since twenty 0:05:46.839 --> 0:05:49.120 twenty one. Do you think that's the problem with F 0:05:49.240 --> 0:05:51.960 one or is the sport to boring? The engines aren't 0:05:51.960 --> 0:05:53.640 big enough, No one passes. 0:05:53.800 --> 0:05:57.000 Here's a problem. Max Verstappan, that's a problem. He wins 0:05:57.120 --> 0:06:01.120 all the time, He's already clinched the title. He's won 0:06:01.240 --> 0:06:04.840 like seventeen of last twenty races. It's pretty predictable at 0:06:04.839 --> 0:06:07.640 this point. Even second place is pretty predictable. And the 0:06:07.720 --> 0:06:11.520 other thing to Barry's point about the TV viewership, this 0:06:11.640 --> 0:06:15.040 race starts at ten pm Pacific time, which means you're 0:06:15.040 --> 0:06:16.680 gonna have to be a diehard. 0:06:16.320 --> 0:06:18.640 Fan whoa watch it. It really is one in the 0:06:18.640 --> 0:06:19.719 morning East Coast time. 0:06:20.000 --> 0:06:23.000 I did are not many people who are going to 0:06:23.040 --> 0:06:25.720 be up at one am in New York. I don't 0:06:25.760 --> 0:06:27.039 think to watch this race. 0:06:27.200 --> 0:06:29.720 You can always watch it the next day on the replay. 0:06:29.839 --> 0:06:30.000 Yeah. 0:06:30.040 --> 0:06:32.360 I mean, I'm a huge fan of Moto GP, as 0:06:32.400 --> 0:06:34.800 you know, because it's a far better sport. I mean, 0:06:34.880 --> 0:06:37.200 there's a lot of passing there's a lot more strategy. 0:06:37.320 --> 0:06:40.800 You have tons of different winners, and I just have 0:06:40.839 --> 0:06:43.320 a subscription to MotoGP dot com and then I watch 0:06:43.360 --> 0:06:45.200 it after the race is over because it was inevitably 0:06:45.200 --> 0:06:48.360 in Indonesia, and then it doesn't come on until you know, 0:06:48.440 --> 0:06:50.200 like eight in the morning on a Sunday. 0:06:50.279 --> 0:06:51.320 I'm not up at that point. 0:06:51.440 --> 0:06:54.080 I think it could be a bunch of different factors 0:06:54.120 --> 0:06:56.880 from an economy that's slowing down to max for staff 0:06:56.920 --> 0:06:59.040 and winning every time. But are we still going to 0:06:59.080 --> 0:07:02.360 see like is Pitt gonna go? Is like Puff Daddy 0:07:02.400 --> 0:07:04.800 gonna go? You know? Are all the celebrities gonna be 0:07:04.839 --> 0:07:07.480 there and having like fifteen thousand dollars dinners? 0:07:08.040 --> 0:07:12.040 Yes? I think so maybe more interesting than Brad Pitt. 0:07:12.120 --> 0:07:14.080 David Beckham will be there. I don't know if you've 0:07:14.120 --> 0:07:17.880 seen the latest Beckham nothing more right? Yeah, I thought 0:07:17.880 --> 0:07:20.760 it was so good. I mean I'm a big Victoria 0:07:20.760 --> 0:07:23.440 Beckham fan after that. But yeah, Shack will be there, 0:07:23.920 --> 0:07:27.520 There will be celebrities there. It's going to be fun 0:07:27.640 --> 0:07:29.800 no matter what. How can you not have fun in 0:07:29.880 --> 0:07:32.960 Las Vegas? And I will say organizers are saying that 0:07:32.960 --> 0:07:37.600 they're expecting record revenue regardless of anything. They're on track 0:07:37.720 --> 0:07:41.320 to quote unquote sell out of tickets. This is what 0:07:41.320 --> 0:07:43.800 they're telling us. So it's still gonna be great. It's 0:07:43.840 --> 0:07:46.960 going to be great fun. Anyone who's going should really 0:07:47.000 --> 0:07:49.280 pack their coats though. It's going to be pretty. 0:07:48.960 --> 0:07:50.440 Cold in Las Vegas. 0:07:50.640 --> 0:07:55.200 Ten o'clock in the desert in November is cold, true desert. Yeah. Yeah. 0:07:55.200 --> 0:07:56.720 If you go to Vegas and you can't have fun, 0:07:56.760 --> 0:07:58.679 you're not doing it right. Do you like Vegas? 0:07:58.680 --> 0:07:58.960 Berry? 0:07:59.160 --> 0:08:00.000 No, I can't stand. 0:08:00.360 --> 0:08:03.239 But I mean for a couple nights with Yeah. 0:08:03.080 --> 0:08:05.840 If I have to this, great restaurants, great shows, but 0:08:06.480 --> 0:08:10.600 not my first choice of destination. When they finally nuke 0:08:11.200 --> 0:08:13.720 that part of Nevada, you know, in the whole area 0:08:13.760 --> 0:08:17.080 is just silicon glass, it'll be fine. 0:08:17.160 --> 0:08:19.239 I went to Lamborghini driving school there. 0:08:19.520 --> 0:08:20.600 That's a different story. 0:08:21.120 --> 0:08:21.320 You know. 0:08:21.480 --> 0:08:24.800 You can you can rent a World War two spitfire 0:08:24.840 --> 0:08:27.040 and go up with a pilot. That's worth doing. And 0:08:27.320 --> 0:08:29.760 Vegas is the only place that I'll let you sign 0:08:29.840 --> 0:08:31.600 off and say sure, I'll take my life in my 0:08:31.640 --> 0:08:33.920 hands in a eighty year old World War two plane, 0:08:33.960 --> 0:08:34.360 let's go. 0:08:34.440 --> 0:08:36.679 I'd like you can't do that anywhere in the desert, right, 0:08:36.760 --> 0:08:38.840 go Vegas, sign up Vegas. 0:08:39.040 --> 0:08:41.280 That all counts as Vegas. Though, Yeah, I guess this 0:08:41.400 --> 0:08:43.040 is a lot more than just the strip. 0:08:43.200 --> 0:08:44.160 I mean totally agree. 0:08:44.240 --> 0:08:46.679 Driving out to the Hoover Dams really cool. And I 0:08:46.760 --> 0:08:50.560 do think sort of dusty hotels where Elvis played and 0:08:50.559 --> 0:08:54.840 Sinatra are really cool. There's amazing off roading out there. 0:08:55.960 --> 0:08:59.360 All of that to me counts as a quote unquote Vegas. 0:08:59.400 --> 0:09:02.160 When I go percent the fabulous shopping too, one. 0:09:02.080 --> 0:09:04.200 Hundred percent all right, So I change. I don't go 0:09:04.240 --> 0:09:06.640 to casinos at all. I don't hang out on the strip. 0:09:06.720 --> 0:09:09.280 I don't gamble. That's the part of Vegas. I hate 0:09:09.360 --> 0:09:12.800 everything around that is really interesting. Yeah, you want to 0:09:12.840 --> 0:09:15.440 wake up married to somebody you have no idea her 0:09:15.559 --> 0:09:17.720 last name, you know, apologies to my wife. 0:09:17.880 --> 0:09:19.840 You're pregnant, wife, you're very pregnant. 0:09:19.960 --> 0:09:22.600 Let's move on to well and her favorite car is 0:09:22.800 --> 0:09:26.480 the Volvo XC ninety T eight, which is a hybrid. 0:09:27.200 --> 0:09:29.880 You know, you can go twenty miles or more on 0:09:30.000 --> 0:09:33.280 the battery alone, and so for doing things around town, 0:09:33.440 --> 0:09:35.360 dropping kids off at school, going to the grocery store, 0:09:35.760 --> 0:09:37.680 no problem. And then you can go on longer trips 0:09:37.679 --> 0:09:39.280 because it has a gas engine that kicks in. 0:09:39.400 --> 0:09:40.640 It's beautiful design. 0:09:40.760 --> 0:09:43.360 I have to agree with her on that, especially that interior. 0:09:43.480 --> 0:09:45.960 And Barry, you sent me and Hannah an email this 0:09:46.040 --> 0:09:48.880 morning about a Toyota Camry that's only going to be 0:09:48.960 --> 0:09:49.840 sold right right. 0:09:49.880 --> 0:09:53.840 They're they're giving up the gas only. Listen. The crazy 0:09:53.840 --> 0:09:57.360 thing about Toyota is they have this massive lead in 0:09:57.440 --> 0:10:01.000 hybrid technology, and you were waiting for what they're going 0:10:01.080 --> 0:10:03.439 to do next. Then you know they kind of let 0:10:03.480 --> 0:10:07.200 Tesla eat their lunch. But what Toyota is telling us 0:10:07.320 --> 0:10:10.880 is the immediate future, the next decade is going to 0:10:10.960 --> 0:10:11.520 be hybrid. 0:10:11.880 --> 0:10:14.840 And obviously Tesla doesn't have any hybrid vehicles. 0:10:14.840 --> 0:10:16.040 They're fully electric. 0:10:16.440 --> 0:10:18.760 That annoys me because I can never find a place 0:10:19.160 --> 0:10:24.240 to charge and I like to have a little Moto vibes. Hannah, 0:10:24.280 --> 0:10:25.480 you don't think that hybrids are the. 0:10:25.520 --> 0:10:26.280 Way forward though. 0:10:26.320 --> 0:10:28.960 I am not a fan of hybrids, just because I 0:10:29.080 --> 0:10:31.240 tend to be a purist. I want to go all in, 0:10:31.840 --> 0:10:35.920 all or nothing, and I love the of course, the 0:10:36.000 --> 0:10:39.520 quick performance of electric vehicles, and I love my own 0:10:39.559 --> 0:10:43.320 personal internal combustion cars. So hybrids have always seemed to 0:10:43.320 --> 0:10:48.120 me to just be like halfway but nowhere anywhere. Who cares? 0:10:48.160 --> 0:10:51.439 If you know, Toyota was making a Prius because also 0:10:51.600 --> 0:10:53.400 BMW was making the I eight, and. 0:10:53.559 --> 0:10:55.280 Well, I love the I eight, dude. 0:10:55.480 --> 0:10:58.360 The I eight and the I three, to me, were 0:10:58.400 --> 0:11:01.320 when I first understood why it's cool to have a 0:11:01.400 --> 0:11:05.319 range extender motor right because they were fully electric vehicles, 0:11:05.480 --> 0:11:07.079 but they just had a little I think it was 0:11:07.120 --> 0:11:10.800 a one three three cylinder as like a utility pack. 0:11:10.920 --> 0:11:14.439 It's like bringing along a backpack. It's like being a prepper. 0:11:14.679 --> 0:11:17.320 You know, you always have an option if you need it. 0:11:17.440 --> 0:11:21.800 My wife's Panama hybrid. We drove to Connecticut this weekend. 0:11:22.200 --> 0:11:25.440 We got nearly forty miles a gallon on the way there. 0:11:25.800 --> 0:11:29.480 We exhausted most of the electric for that range, but 0:11:29.600 --> 0:11:32.080 when you drop your right foot, you still have over 0:11:32.120 --> 0:11:35.760 five hundred horse power and that car really goes when 0:11:35.760 --> 0:11:38.720 you wanted to go. So to me, it's the best 0:11:38.760 --> 0:11:41.440 of both worlds. Almost forty miles a gallon on one 0:11:41.520 --> 0:11:45.160 hundred mile trip into the woods in Connecticut, and somewhat 0:11:45.240 --> 0:11:47.160 less on the way home without any electric. 0:11:47.240 --> 0:11:49.840 You know, I always say there's no replacement for displacement, 0:11:49.920 --> 0:11:54.360 but I think batteries might be that replacement. I'm driving 0:11:54.440 --> 0:11:55.160 right now, a. 0:11:55.240 --> 0:11:58.199 Kia Sorrento PHV. 0:11:58.400 --> 0:12:00.760 And aside from all the other stuff that's impressive about it, 0:12:00.800 --> 0:12:02.560 and there's a ton of stuff, it's got a locking 0:12:02.640 --> 0:12:05.320 center diff It's got this really cool technology where when 0:12:05.360 --> 0:12:08.080 you put your turn signal on in your center display, 0:12:08.200 --> 0:12:10.360 you can see your blind spot and in. 0:12:10.280 --> 0:12:13.040 Fact, all of the Hyundai Kias do that. You signal 0:12:13.120 --> 0:12:15.600 right and it shows up in your ystem, and you 0:12:15.679 --> 0:12:18.160 signal left and it shows up in your left dial. 0:12:18.559 --> 0:12:21.199 That should be a standard technology across the whole. 0:12:21.000 --> 0:12:22.920 Industry and any luxury automotive. 0:12:22.960 --> 0:12:25.160 Okay, well, but for Akia, I think it's really cool. 0:12:25.240 --> 0:12:28.880 I mean for Akia. It's got torque vectoring all wheel drive. 0:12:29.320 --> 0:12:32.280 That's not something you expect when you're buying a Korean car. 0:12:32.400 --> 0:12:35.160 But I thought the engine was more substantial than it 0:12:35.240 --> 0:12:37.040 was when I first started driving it. I hadn't read 0:12:37.080 --> 0:12:39.800 the specs. I popped open the hood and I saw 0:12:39.840 --> 0:12:43.520 it's got a one point six leader in line four. 0:12:43.679 --> 0:12:46.560 Like that's a tiny little motor, but it still has 0:12:46.559 --> 0:12:49.040 two hundred and sixty horse power two hundred and sixty 0:12:49.080 --> 0:12:52.120 pound feet of torque for you know, fifty thousand dollars 0:12:52.200 --> 0:12:54.640 for the fully loaded like most luxurious addition. 0:12:55.160 --> 0:12:58.040 That's pretty peppy. It's a lot of truck for the money. 0:12:57.920 --> 0:13:01.600 And look the way every one of these new manufacturers 0:13:01.960 --> 0:13:05.440 that are trying to gain traction or expand their footprint 0:13:05.960 --> 0:13:08.920 find an audience is by offering a lot of value 0:13:08.920 --> 0:13:11.440 for the money. Think back to the way Honda did 0:13:11.480 --> 0:13:14.200 this forty years ago, or the way Toyota did it 0:13:14.240 --> 0:13:15.080 sixty years ago. 0:13:15.280 --> 0:13:17.920 So, Hannah, do you ever drive like a Kia? Because 0:13:17.960 --> 0:13:20.800 I always think you know, you're the one who's constantly 0:13:20.840 --> 0:13:22.960 in a culin in, but do you ever drive like 0:13:23.000 --> 0:13:23.680 a Korean car? 0:13:23.880 --> 0:13:27.240 This is true? Typically no, I will openly say we 0:13:27.360 --> 0:13:32.080 do not cover typically Kia at Bloomberg Pursuits. However, I 0:13:32.240 --> 0:13:35.480 did recently drive the Kia EV nine, which is their 0:13:35.559 --> 0:13:36.800 big electric. 0:13:36.480 --> 0:13:37.440 Suv I want to try. 0:13:37.960 --> 0:13:41.360 I really really liked it. I was surprised at how 0:13:41.400 --> 0:13:45.000 beautiful and well thought out it was. I actually really 0:13:45.080 --> 0:13:48.560 would love to go visit the factory in South Korea. 0:13:48.600 --> 0:13:50.400 I'm going to try to do that next year because 0:13:50.520 --> 0:13:54.040 Kia is really making a play to elevate themselves so 0:13:54.080 --> 0:13:58.040 that they could potentially have shoppers cross shopping between like 0:13:58.160 --> 0:14:03.000 Volvo or a land Rover into Kia or even Audi. 0:14:03.440 --> 0:14:06.600 And I don't think that's out of the question based 0:14:06.640 --> 0:14:09.679 on what I've seen. We joke about it, like typically 0:14:09.679 --> 0:14:13.160 I wouldn't cover it, but the limited amount of Kia 0:14:13.240 --> 0:14:16.559 products that I have seen and driven, I actually am 0:14:16.600 --> 0:14:18.679 pretty impressed by. And let's not forget this is a 0:14:18.720 --> 0:14:20.320 company that also makes Genesis. 0:14:20.480 --> 0:14:22.760 It is about to bring that up. Kia is owned 0:14:22.760 --> 0:14:27.120 by Hondi. Genesis is their version of Lexus versus Tyota doing. 0:14:27.320 --> 0:14:29.800 They know what they're doing. One question, though, do you 0:14:29.880 --> 0:14:32.280 read the new Kiya logo as nine inch nails? 0:14:32.360 --> 0:14:34.920 I love. I love the way it reminds me of 0:14:35.000 --> 0:14:37.560 nine inch nails. That's hilarious. I'm on board with that. 0:14:37.600 --> 0:14:39.480 And I, by the way, I think that the new 0:14:39.560 --> 0:14:43.040 logo really helped them transition their brand a little bit 0:14:43.120 --> 0:14:48.000 from being kind of a bargain basement, you know, Korean econobox, 0:14:48.440 --> 0:14:49.840 to being something that. 0:14:50.000 --> 0:14:52.280 People really would cross shop with. A range Rover. 0:14:52.400 --> 0:14:55.080 I mean, the tail you ride is a beautiful car. 0:14:55.320 --> 0:14:58.520 I don't love the powertrain, but the logo I think 0:14:58.760 --> 0:14:59.520 helps a lot. 0:15:00.280 --> 0:15:00.840 Really cool. 0:15:01.080 --> 0:15:04.240 I agree, I'm with you about it's an attitude of 0:15:04.800 --> 0:15:08.320 beautiful hospitality. And I know that sounds like a PR line, 0:15:08.320 --> 0:15:11.320 but it actually is true that some of their vehicles 0:15:11.360 --> 0:15:14.840 really have this beautiful sense of a welcome environment. 0:15:14.600 --> 0:15:16.400 Actually throwing a V eight once in a while. They 0:15:16.440 --> 0:15:17.720 need to make a big halo car. 0:15:17.840 --> 0:15:20.120 There are no more V eights coming out, and they're 0:15:20.120 --> 0:15:22.560 certainly coming out of Asia for mass production. 0:15:22.760 --> 0:15:24.520 I just think they need to make a halo car 0:15:24.640 --> 0:15:27.200 so that people can then feel okay buying the lower 0:15:27.320 --> 0:15:28.600 end models. 0:15:28.960 --> 0:15:31.840 That is soge old school marketing. That's just not how 0:15:31.840 --> 0:15:34.000 it's done. We're going to give you a lot of 0:15:34.080 --> 0:15:36.840 car or truck for the money. Yes, it's only a 0:15:36.920 --> 0:15:39.920 V six, but you can tow, you could stick six 0:15:39.960 --> 0:15:42.680 people in the car, you could load it up with luggage, 0:15:42.760 --> 0:15:44.480 and it's not going to clos you an normoral leg. 0:15:44.880 --> 0:15:49.720 That's the value proposition for these cars versus the cars 0:15:49.760 --> 0:15:53.520 that we really have grown up loving, the BMW's, the Mercedes, 0:15:53.560 --> 0:15:55.320 the much bigger and more expensive cars. 0:15:55.400 --> 0:15:57.600 Okay, I'm just saying, like if Audi had never made 0:15:57.680 --> 0:16:00.880 the quatro and one raiss with it, if they had 0:16:00.880 --> 0:16:04.320 never made the R eight that everybody drools over in 0:16:04.480 --> 0:16:07.480 fifty shades of gray. I don't know that we'd be buying, 0:16:07.640 --> 0:16:08.120 you know, the. 0:16:08.160 --> 0:16:10.080 Q three either. 0:16:10.280 --> 0:16:12.800 And by the way, speaking of that, both of you 0:16:12.840 --> 0:16:16.160 have a connection to Audi because Hannah you are test 0:16:16.240 --> 0:16:19.880 driving some version of their E tron. Bary, you of 0:16:19.920 --> 0:16:22.000 course have the R but Hannah first tell us about 0:16:22.040 --> 0:16:23.200 the ev that you drove. 0:16:23.600 --> 0:16:28.640 Okay, so yesterday I drove the s Q eight e Tron, 0:16:29.040 --> 0:16:33.320 which is basically it's sort of a higher performance version 0:16:33.400 --> 0:16:36.120 of the Q eight, which is a five passenger sub. 0:16:36.240 --> 0:16:40.200 It's all electric, starts at about ninety thousand dollars, and 0:16:40.440 --> 0:16:43.440 it was beautiful. The you know, Audi has been a 0:16:43.480 --> 0:16:46.680 little bit behind when it comes to offering electric vehicles, 0:16:46.680 --> 0:16:48.640 and they're making they're trying to make up for lost time, 0:16:48.840 --> 0:16:51.440 and so anything with E tron at the end is 0:16:51.480 --> 0:16:55.960 there electric offering. The SQ eight, despite its confusing name, 0:16:56.520 --> 0:16:59.840 was really nice. It was beautifully appointed inside. It was 0:17:00.240 --> 0:17:04.200 as quiet, actually proven by Audi, as quiet as an 0:17:04.200 --> 0:17:08.399 a eight sedan. Really nice balanced. It's heavy, It's like 0:17:08.440 --> 0:17:11.159 a six thousand pound suv, so you do feel that 0:17:11.320 --> 0:17:11.680 a bit. 0:17:12.000 --> 0:17:14.679 Some people like it heavy. Don't forget not if you 0:17:14.720 --> 0:17:15.959 have to make a chandgment. 0:17:16.160 --> 0:17:17.639 There's no judgment. I like it. 0:17:17.680 --> 0:17:19.000 I like a big heavy cruiser. 0:17:19.119 --> 0:17:21.600 Well, we love that, we love that, and this did 0:17:21.680 --> 0:17:26.119 feel really nicely insulated and solid. And I actually have 0:17:26.160 --> 0:17:28.439 a friend who's been looking for an electric suv and 0:17:28.480 --> 0:17:30.640 I instantly messaged her and said, I think you're really 0:17:30.640 --> 0:17:31.119 going to love it. 0:17:31.320 --> 0:17:32.200 A good looking truck. 0:17:32.440 --> 0:17:35.680 I drove also the Q eight Etron, not the S version, 0:17:35.880 --> 0:17:38.760 but I'll say that I was disappointed that they used 0:17:38.760 --> 0:17:41.680 the Q eight Moniker, because I think the Q eight 0:17:41.760 --> 0:17:44.040 is one of the best designs Audi has come out 0:17:44.040 --> 0:17:47.479 with in at least a decade. It's a head turner 0:17:47.520 --> 0:17:49.600 whenever I see a real Q eight on the road, 0:17:49.840 --> 0:17:52.520 and the e Tron version is not a real Q eight, 0:17:52.720 --> 0:17:55.480 it doesn't look as cool. It's more invisible, Like you 0:17:55.520 --> 0:17:59.240 can easily overlook the e Tron version, whereas the full 0:17:59.280 --> 0:18:03.960 fat ask Q eight it's so hulking and muscular that 0:18:04.000 --> 0:18:05.720 you can't overlook it. 0:18:05.800 --> 0:18:07.560 But it is definitely solid. 0:18:07.640 --> 0:18:09.439 That's the word I would use for it, Like it 0:18:09.560 --> 0:18:12.480 is a product that you feel like is over engineered 0:18:12.920 --> 0:18:14.280 and is not going to break down. 0:18:21.800 --> 0:18:23.359 What do you think Bury abou Audies. 0:18:23.359 --> 0:18:25.439 I mean, you have obviously the Halo car, but what 0:18:25.440 --> 0:18:28.080 do you think about the brand and the other vehicles. 0:18:28.359 --> 0:18:31.719 You know, it's full time oil wheel drive, and if 0:18:31.760 --> 0:18:33.879 you're in the part of the country where you're very 0:18:34.000 --> 0:18:37.960 much dealing with weather or or you're off road, they're 0:18:38.000 --> 0:18:43.080 great for that. They're notoriously expensive to repair. They're they're 0:18:43.119 --> 0:18:48.800 not the lowest cost maintenance. Comparatively, you buy a Honda Toyota, 0:18:49.359 --> 0:18:52.240 you put gas and occasionally oil into it, you're good 0:18:52.280 --> 0:18:56.280 for a bajillion miles. Some the German cars tend to 0:18:56.320 --> 0:19:00.520 be a little more finicky my experience with Audi's and bms, 0:19:00.600 --> 0:19:04.159 you have to build a little bit of a repair buffer, 0:19:04.240 --> 0:19:07.320 especially if you're looking for a thirty thousand mile car, 0:19:07.440 --> 0:19:11.000 like I know you're hunting for. They're not terrible, it's 0:19:11.040 --> 0:19:13.639 not you know, you speak to people with you know, 0:19:14.240 --> 0:19:16.760 British cars or even some of the older Ferraris and 0:19:17.200 --> 0:19:20.560 you're writing big checks to your mechanic. But they're great cars. 0:19:20.600 --> 0:19:23.520 They're well designed, they hold up well, and I know 0:19:23.600 --> 0:19:26.639