1 00:00:02,120 --> 00:00:04,840 Speaker 1: I'm Matt Miller and I'm Hannah Elliott, and this is 2 00:00:04,880 --> 00:00:05,480 Speaker 1: hot pursuit. 3 00:00:13,240 --> 00:00:14,640 Speaker 2: All right, we have a lot of cool stuff to 4 00:00:14,640 --> 00:00:17,599 Speaker 2: talk about on today's show. Number one, we're going to 5 00:00:17,640 --> 00:00:20,040 Speaker 2: talk about the collector car market, because Hannah, you've written 6 00:00:20,040 --> 00:00:22,439 Speaker 2: a piece about maybe some of the high end Ferrari 7 00:00:22,560 --> 00:00:25,239 Speaker 2: prices are going to soften a little bit and some 8 00:00:25,440 --> 00:00:27,160 Speaker 2: American muscle maybe has room to grow. 9 00:00:27,280 --> 00:00:28,520 Speaker 3: Yes, yes, you could say that. 10 00:00:28,640 --> 00:00:30,360 Speaker 4: We're also going to talk about your Porsche drive. 11 00:00:30,400 --> 00:00:34,520 Speaker 2: You've driven yet another amazing Pea car, and I want 12 00:00:34,520 --> 00:00:36,680 Speaker 2: to get some info from you because you know so 13 00:00:36,760 --> 00:00:39,800 Speaker 2: much about the company and collecting about what people could 14 00:00:39,800 --> 00:00:41,480 Speaker 2: get into for a reasonable price. 15 00:00:41,520 --> 00:00:42,920 Speaker 4: Now in terms of p cars. 16 00:00:43,120 --> 00:00:44,080 Speaker 3: I got a few ideas. 17 00:00:44,159 --> 00:00:46,320 Speaker 2: Then we're going to talk about the ev kind of 18 00:00:46,400 --> 00:00:51,280 Speaker 2: backlash because it was breakneck pace in terms of the growth, sales, growth, 19 00:00:51,520 --> 00:00:55,120 Speaker 2: investment of more than one hundred billion dollars in this decade, 20 00:00:55,280 --> 00:00:58,720 Speaker 2: and now we're seeing production get cut and big losses. 21 00:00:58,800 --> 00:01:01,360 Speaker 2: So it looks like that turning around in a big way. 22 00:01:02,080 --> 00:01:03,960 Speaker 4: So let's do it. We'll kick it off with the 23 00:01:04,160 --> 00:01:05,320 Speaker 4: collector car market. 24 00:01:05,440 --> 00:01:08,000 Speaker 2: I used to watch all the time Barrett Jackson and 25 00:01:08,040 --> 00:01:12,160 Speaker 2: mikam auctions as a kid on whatever cable channel because 26 00:01:12,160 --> 00:01:14,959 Speaker 2: nothing was on cable except for that, and loved it. 27 00:01:15,000 --> 00:01:17,240 Speaker 2: But I'm not that in touch with that anymore because 28 00:01:17,280 --> 00:01:20,280 Speaker 2: I feel like most of the vehicles that I would 29 00:01:20,280 --> 00:01:21,680 Speaker 2: want are way too expensive. 30 00:01:22,560 --> 00:01:25,280 Speaker 1: Yes, I think this is a common thing for all 31 00:01:25,319 --> 00:01:29,000 Speaker 1: of us. In the years since the pandemic, we've seen 32 00:01:29,440 --> 00:01:34,800 Speaker 1: record volumes of cars being sold, record sales across many 33 00:01:34,920 --> 00:01:40,360 Speaker 1: brands BMW, Mercedes, Porsche, Ferrari. It's been this bonanza, and 34 00:01:40,480 --> 00:01:42,720 Speaker 1: twenty twenty three has really been the first year where 35 00:01:42,760 --> 00:01:47,200 Speaker 1: everything is just calmed down a bit, which sounds when 36 00:01:47,240 --> 00:01:50,080 Speaker 1: you say the market's cooling, it sounds a little negative. 37 00:01:50,440 --> 00:01:53,200 Speaker 1: But actually what I'm hearing is this is actually good 38 00:01:53,240 --> 00:01:55,960 Speaker 1: news for people like us who might just want to 39 00:01:55,960 --> 00:01:58,560 Speaker 1: own one or two interesting cars, and we're not going 40 00:01:58,640 --> 00:01:59,440 Speaker 1: to speculate on it. 41 00:01:59,520 --> 00:02:01,800 Speaker 3: We just want to something fun and drive it. 42 00:02:01,880 --> 00:02:04,160 Speaker 2: I mean, you could also say that inflation has come down, 43 00:02:04,520 --> 00:02:07,360 Speaker 2: which is true, but that doesn't change the massive rise 44 00:02:07,800 --> 00:02:11,120 Speaker 2: in prices that hasn't and isn't going to turn around. 45 00:02:11,200 --> 00:02:13,280 Speaker 4: Right, So, in terms of the higher end. 46 00:02:13,160 --> 00:02:18,040 Speaker 2: Cars, the ferraris you know, the Rarer, porschas anything with 47 00:02:18,120 --> 00:02:24,799 Speaker 2: a race provenance, these prices are gonna stay where they are, right, Yeah, yeah. 48 00:02:24,560 --> 00:02:27,679 Speaker 1: I mean, there's no sure thing in the car market, 49 00:02:27,840 --> 00:02:30,840 Speaker 1: but if there's something close, it's Ferrari. This is really 50 00:02:30,880 --> 00:02:35,000 Speaker 1: the blue chip brand, the blue chip vehicle of car collecting. 51 00:02:35,480 --> 00:02:38,520 Speaker 3: Last year, the average price of a Ferrari slipped. 52 00:02:38,240 --> 00:02:40,680 Speaker 1: From one point three million to one point two million, 53 00:02:40,760 --> 00:02:43,480 Speaker 1: So yeah, they came off a little bit, but they're 54 00:02:43,560 --> 00:02:47,440 Speaker 1: still very expensive, and you know they're going to sell. 55 00:02:47,480 --> 00:02:49,799 Speaker 1: I think ninety percent of Ferrari sol last year compared 56 00:02:49,800 --> 00:02:52,120 Speaker 1: to eighty percent average in the market, So. 57 00:02:52,160 --> 00:02:53,000 Speaker 3: They're gonna sell. 58 00:02:53,480 --> 00:02:56,799 Speaker 1: There's a little bit of a cooling, but yeah, I mean, 59 00:02:56,840 --> 00:02:59,600 Speaker 1: if you want to have kind of a sure bet, 60 00:03:00,000 --> 00:03:03,079 Speaker 1: Ferrari is the way to go. And yes they're expensive, 61 00:03:03,080 --> 00:03:04,639 Speaker 1: but there are a couple of ways you can get 62 00:03:04,680 --> 00:03:08,280 Speaker 1: into the brand. I'm talking about something like the Ferrari 63 00:03:08,480 --> 00:03:11,040 Speaker 1: f F, which we kind of touched on. 64 00:03:11,160 --> 00:03:14,000 Speaker 4: Yeah, I love I love it plus two. 65 00:03:14,480 --> 00:03:17,280 Speaker 1: Yeah, it's a two plus, it's got a V twelve engine, 66 00:03:17,320 --> 00:03:20,880 Speaker 1: it's it's got all the making exactly of what makes 67 00:03:20,880 --> 00:03:22,480 Speaker 1: a great Ferrari a great Ferrari. 68 00:03:22,560 --> 00:03:26,079 Speaker 4: It's unexpensed manual, no manual option no, and. 69 00:03:25,960 --> 00:03:27,440 Speaker 3: That's a shame unfortunately. 70 00:03:27,480 --> 00:03:30,839 Speaker 2: I wonder why the people at Ferrari put that to bed. 71 00:03:31,000 --> 00:03:34,560 Speaker 2: I mean, wouldn't you love to have a gated shifter, 72 00:03:34,800 --> 00:03:36,000 Speaker 2: even in a new Ferrari. 73 00:03:36,440 --> 00:03:38,520 Speaker 3: Yes, yeah, I think you would. 74 00:03:38,680 --> 00:03:41,640 Speaker 1: And what I hear from analysts who talk about the 75 00:03:41,640 --> 00:03:45,040 Speaker 1: collecting market is the reason why the FF is growing 76 00:03:45,040 --> 00:03:47,720 Speaker 1: in popularity is because it's easy to drive, and a 77 00:03:47,720 --> 00:03:49,800 Speaker 1: lot of the younger buyers that don't want to mess 78 00:03:49,840 --> 00:03:52,840 Speaker 1: around with gated shifters that you know, there's more to break, 79 00:03:52,880 --> 00:03:56,320 Speaker 1: there's more to go wrong. You know, it's not as 80 00:03:56,480 --> 00:03:58,800 Speaker 1: fun and easy and care free to drive in traffic. 81 00:03:58,880 --> 00:04:01,920 Speaker 1: So that's actually what I hear is that's working in 82 00:04:01,960 --> 00:04:03,840 Speaker 1: its advantage in terms of attracting. 83 00:04:03,960 --> 00:04:06,560 Speaker 2: So the FF is easier to drive. I can't imagine 84 00:04:06,560 --> 00:04:10,800 Speaker 2: a Ferrari Dno. Is that difficult to drive because I 85 00:04:10,800 --> 00:04:13,280 Speaker 2: think of it as a smaller car. I mean it 86 00:04:13,320 --> 00:04:14,320 Speaker 2: was a smaller car. 87 00:04:14,240 --> 00:04:17,840 Speaker 1: Right, absolutely, This was the V six Ferrari that actually 88 00:04:18,000 --> 00:04:20,039 Speaker 1: wasn't It didn't get a lot of respect back in 89 00:04:20,080 --> 00:04:22,680 Speaker 1: the day. Of course, it was famously named after Enzo's 90 00:04:22,680 --> 00:04:25,800 Speaker 1: son who died, and it didn't get respect. It was 91 00:04:25,880 --> 00:04:28,039 Speaker 1: like kind of seen as not a real ferrari. But 92 00:04:28,160 --> 00:04:30,960 Speaker 1: this is another example of dinos are going to be 93 00:04:30,960 --> 00:04:34,280 Speaker 1: a lot less expensive than the two fifty racing ferraris 94 00:04:34,279 --> 00:04:37,800 Speaker 1: from back in the sixties and fifties, so it's another opportunity. Yeah, 95 00:04:37,800 --> 00:04:40,239 Speaker 1: they're kind of expensive now, but they probably will still 96 00:04:40,279 --> 00:04:41,480 Speaker 1: continue to gain value. 97 00:04:41,520 --> 00:04:44,320 Speaker 2: So an ff, I mean I've been looking, so I 98 00:04:44,360 --> 00:04:47,200 Speaker 2: know that you can get into them for less than 99 00:04:47,240 --> 00:04:50,120 Speaker 2: one hundred thousand, but it's going to be around that 100 00:04:50,240 --> 00:04:53,039 Speaker 2: mark for a good one, right, a little mileage well 101 00:04:53,080 --> 00:04:55,679 Speaker 2: taken care of, maybe a one owner vehicle. In terms 102 00:04:55,680 --> 00:04:58,360 Speaker 2: of the Dino, what kind of price are you talking 103 00:04:58,360 --> 00:05:01,920 Speaker 2: about because it's from the from the seventies, right, So 104 00:05:01,960 --> 00:05:04,279 Speaker 2: you're not going to probably find a one owner vehicle 105 00:05:04,760 --> 00:05:08,279 Speaker 2: and I can't. They're not going to be a million dollars, 106 00:05:08,440 --> 00:05:11,400 Speaker 2: but they still are probably going to be one hundred grand. 107 00:05:12,160 --> 00:05:14,279 Speaker 3: I think they're closer to a half million dollars. 108 00:05:14,880 --> 00:05:17,880 Speaker 1: I'm looking right now on Haggarty Won in good condition 109 00:05:18,000 --> 00:05:19,279 Speaker 1: is four hundred and seventy thousand. 110 00:05:19,320 --> 00:05:20,239 Speaker 3: That's the average price. 111 00:05:20,279 --> 00:05:24,440 Speaker 1: So we're still this is all still very rare air. Yes, 112 00:05:25,120 --> 00:05:27,960 Speaker 1: you know, a half again, like we're not talking about 113 00:05:28,360 --> 00:05:31,360 Speaker 1: cheap buys. We're talking about buys that will probably still 114 00:05:31,360 --> 00:05:33,400 Speaker 1: gain a little bit in value. So if you invest 115 00:05:33,839 --> 00:05:36,200 Speaker 1: a half a million year, you might make a little 116 00:05:36,200 --> 00:05:38,600 Speaker 1: bit on that, But there are a lot of cheaper 117 00:05:38,640 --> 00:05:40,640 Speaker 1: things that if you have an open mind. Now I 118 00:05:40,680 --> 00:05:42,039 Speaker 1: know we want to talk about Portia. 119 00:05:42,760 --> 00:05:44,000 Speaker 3: I don't really think. 120 00:05:43,800 --> 00:05:46,120 Speaker 2: That, you know, by the way, just I'll interject that 121 00:05:46,200 --> 00:05:48,200 Speaker 2: I think the dino I'm looking at the picture in 122 00:05:48,240 --> 00:05:51,440 Speaker 2: your story kind of looks like a nine oh four 123 00:05:51,720 --> 00:05:52,320 Speaker 2: a little bit. 124 00:05:52,520 --> 00:05:53,880 Speaker 4: Do you get that vibe? 125 00:05:53,880 --> 00:05:56,560 Speaker 3: Totally yeah, And I think it looks awesome. 126 00:05:56,640 --> 00:05:58,800 Speaker 1: I've always thought they looked really and the great thing 127 00:05:58,800 --> 00:06:01,400 Speaker 1: about the dino, for whatever reason, they seem to have 128 00:06:01,480 --> 00:06:04,960 Speaker 1: come in really interesting colors. People were a lot freer 129 00:06:05,040 --> 00:06:08,919 Speaker 1: in specking them than you know, with other like a Daytona. 130 00:06:08,960 --> 00:06:11,000 Speaker 1: I mean you just see red, red, red, red red 131 00:06:11,200 --> 00:06:13,320 Speaker 1: for Ferrari. But with the Dino, I feel like you 132 00:06:13,400 --> 00:06:17,400 Speaker 1: really see cool oranges and greens and yellows and blues, 133 00:06:17,520 --> 00:06:19,320 Speaker 1: and so I like that. 134 00:06:19,400 --> 00:06:21,680 Speaker 3: I think it's it's actually more interesting in a. 135 00:06:21,680 --> 00:06:26,160 Speaker 2: Way, still impossible for most people to afford even consider. 136 00:06:26,400 --> 00:06:29,240 Speaker 2: And it's so sad because I remember I used to 137 00:06:29,440 --> 00:06:31,839 Speaker 2: I totally crushed on the Magnum Ferrari. I think it 138 00:06:31,880 --> 00:06:34,640 Speaker 2: was a eight that he had came three eight or 139 00:06:34,640 --> 00:06:37,320 Speaker 2: three twenty eight. But I remember when those were going 140 00:06:37,320 --> 00:06:39,640 Speaker 2: for twenty five or thirty grand, and I seriously thought 141 00:06:39,680 --> 00:06:42,600 Speaker 2: about getting one. I remember when a Kuntash was going 142 00:06:42,680 --> 00:06:45,080 Speaker 2: for twenty five or thirty grand. Nobody wanted them. 143 00:06:45,240 --> 00:06:46,960 Speaker 3: Well, yeah, go ahead. 144 00:06:46,760 --> 00:06:49,560 Speaker 2: And now they're impossible to afford, even even like an 145 00:06:49,600 --> 00:06:53,040 Speaker 2: E thirty nine M five, which is like, you know, 146 00:06:53,240 --> 00:06:58,039 Speaker 2: an internet car lover's car is growing in value so much, 147 00:06:58,120 --> 00:06:58,680 Speaker 2: even like a. 148 00:07:00,200 --> 00:07:03,040 Speaker 3: A nine to thirty turbo. Those were twenty grand cars. 149 00:07:03,200 --> 00:07:06,520 Speaker 4: Well that's a Steve McQueen car, that's but you. 150 00:07:06,400 --> 00:07:09,119 Speaker 1: Know, fifteen years ago you could get those for twenty grand. 151 00:07:09,360 --> 00:07:11,120 Speaker 1: I know somebody who got quite a few of them 152 00:07:11,120 --> 00:07:14,520 Speaker 1: for twenty grand back in the day. And now they're 153 00:07:14,840 --> 00:07:16,160 Speaker 1: you know, three hundred thousand dollars. 154 00:07:16,240 --> 00:07:21,080 Speaker 2: I actually saw yesterday on Auto trader A I think 155 00:07:21,080 --> 00:07:27,360 Speaker 2: it was a early two thousands Cayman R that was 156 00:07:27,400 --> 00:07:29,720 Speaker 2: one hundred thousand dollars. I mean, I know it's the 157 00:07:29,880 --> 00:07:32,120 Speaker 2: R model and they didn't make a thousand of them, 158 00:07:32,160 --> 00:07:34,880 Speaker 2: but still it's insane the prices. 159 00:07:35,000 --> 00:07:37,560 Speaker 4: What is there that we can Okay. 160 00:07:37,400 --> 00:07:40,840 Speaker 1: Let's talk let's talk a little more down to reality. 161 00:07:41,200 --> 00:07:43,000 Speaker 3: Let's talk about the Ford Thunderbird. 162 00:07:43,120 --> 00:07:47,400 Speaker 1: I know you like your Detroit cars, so this is, 163 00:07:47,920 --> 00:07:51,040 Speaker 1: you know, from the mid sixties, and what I'm hearing 164 00:07:51,120 --> 00:07:55,280 Speaker 1: is the Lincoln Continentals have become so popular, they got 165 00:07:55,320 --> 00:07:59,040 Speaker 1: really expensive, and they've kind of priced. 166 00:07:58,760 --> 00:08:00,400 Speaker 3: Out themselves elves. 167 00:08:00,760 --> 00:08:03,920 Speaker 1: So now if people were interested in the Continental but 168 00:08:03,960 --> 00:08:06,400 Speaker 1: couldn't really afford it, now maybe you should look at 169 00:08:06,400 --> 00:08:10,200 Speaker 1: a Thunderbird because it's going to be a lot more affordable. 170 00:08:10,320 --> 00:08:12,880 Speaker 1: You can get one for like maybe forty thousand bucks, 171 00:08:13,400 --> 00:08:16,080 Speaker 1: and they're kind of from the same era. And the 172 00:08:16,120 --> 00:08:20,520 Speaker 1: big theme here is be interested in cars that deliver 173 00:08:20,760 --> 00:08:23,720 Speaker 1: unique experiences that's going to really serve you well, Like 174 00:08:23,760 --> 00:08:27,120 Speaker 1: first you should generally just really like the car for yourself, 175 00:08:27,160 --> 00:08:29,360 Speaker 1: and then second, look for something that's super unique and 176 00:08:29,360 --> 00:08:32,960 Speaker 1: from a particular point in time, and the Thunderbird really 177 00:08:33,000 --> 00:08:33,800 Speaker 1: accomplishes that. 178 00:08:33,880 --> 00:08:36,160 Speaker 4: Well, not everybody loves any anymore. 179 00:08:36,400 --> 00:08:38,720 Speaker 2: By the way, in terms of the Lincoln Continental, I 180 00:08:38,760 --> 00:08:41,120 Speaker 2: bet you've mentioned this before, but there's a movie called 181 00:08:41,160 --> 00:08:41,800 Speaker 2: Hit and Run. 182 00:08:42,200 --> 00:08:46,160 Speaker 1: Okay, who's in it, Dak Shepherd, And oh you haven't 183 00:08:46,160 --> 00:08:47,880 Speaker 1: mentioned Kristin Bell watched it. 184 00:08:48,440 --> 00:08:49,120 Speaker 4: Did you watch it? 185 00:08:49,400 --> 00:08:49,520 Speaker 1: No? 186 00:08:49,880 --> 00:08:52,080 Speaker 4: Oh my god, it's so so so good. 187 00:08:52,240 --> 00:08:56,200 Speaker 1: I just can't these names for me. 188 00:08:56,360 --> 00:08:59,280 Speaker 3: I do like Silver Linings Playbook is one of my 189 00:08:59,360 --> 00:09:00,000 Speaker 3: all time. 190 00:09:00,800 --> 00:09:05,199 Speaker 2: There's a Cadillac CTSV wagon manual wagon that he drives. 191 00:09:05,400 --> 00:09:06,720 Speaker 3: There's just not doing anything. 192 00:09:06,840 --> 00:09:10,160 Speaker 2: There's a Corpette Z six, There's a there's a Lincoln 193 00:09:10,200 --> 00:09:12,840 Speaker 2: Continental that Dax Shepherd in the movie like he and 194 00:09:12,880 --> 00:09:15,040 Speaker 2: his dad restored it. It's a very good car movie, 195 00:09:15,080 --> 00:09:17,080 Speaker 2: and I think it's a great movie. So I just 196 00:09:17,480 --> 00:09:21,400 Speaker 2: but what I'm what I'm noticing is you're the thunderbird, right. 197 00:09:21,440 --> 00:09:23,559 Speaker 4: It's the one that you don't want. You want the Continental. 198 00:09:23,760 --> 00:09:25,280 Speaker 4: If I look at the bmw. 199 00:09:25,160 --> 00:09:29,680 Speaker 2: M three, I want the forty six three. I don't 200 00:09:29,679 --> 00:09:30,800 Speaker 2: want the E ninety two. 201 00:09:30,800 --> 00:09:33,719 Speaker 1: I want the ninety two. Look it's gonna come up. 202 00:09:33,840 --> 00:09:37,480 Speaker 1: This is this is the smart man's bye. You gotta 203 00:09:37,679 --> 00:09:41,040 Speaker 1: just buy it and hold it and wait that like 204 00:09:41,240 --> 00:09:43,920 Speaker 1: imagine the Dino that you almost bought but you didn't. 205 00:09:44,559 --> 00:09:48,520 Speaker 1: This the the E ninety two in particular, you can 206 00:09:48,559 --> 00:09:50,800 Speaker 1: get one for like fifty thousand. Now the rest of 207 00:09:50,840 --> 00:09:53,720 Speaker 1: the BMWM three markt is gone up. You know, double 208 00:09:53,760 --> 00:09:58,160 Speaker 1: digit percentages. This is the one, this is the smart one. 209 00:09:58,160 --> 00:10:00,760 Speaker 2: I don't know for me. The at this point, the 210 00:10:00,840 --> 00:10:02,719 Speaker 2: kidneys looked too tiny, you. 211 00:10:02,679 --> 00:10:04,080 Speaker 3: Know, Oh, is that what that is? I was going 212 00:10:04,120 --> 00:10:05,240 Speaker 3: to say, what do you like about it? 213 00:10:05,480 --> 00:10:08,679 Speaker 2: Because now I've gotten used to the ugly, gigantic kidneys 214 00:10:08,720 --> 00:10:11,880 Speaker 2: that I think they're too small, and the whole front 215 00:10:11,960 --> 00:10:13,839 Speaker 2: end looks like someone pinched to it. 216 00:10:13,840 --> 00:10:17,840 Speaker 1: It's just like women's bodies. You know, I'm not going there, 217 00:10:18,559 --> 00:10:21,360 Speaker 1: I will go there. It's like, this reminds me of 218 00:10:21,360 --> 00:10:24,680 Speaker 1: heroin Chic when everyone said Kate Moss was too small 219 00:10:24,720 --> 00:10:28,040 Speaker 1: because she came up the supermodels were these like voluptuous women, 220 00:10:28,080 --> 00:10:30,160 Speaker 1: and then we go down to Kate Moss and now 221 00:10:30,160 --> 00:10:33,520 Speaker 1: we're back in the Kardashian era. It's all relative, you know, 222 00:10:33,720 --> 00:10:36,120 Speaker 1: it's all like, whatever is the trend. 223 00:10:35,880 --> 00:10:38,520 Speaker 4: Is Let's say hemlines, Let's say hemlines. 224 00:10:40,000 --> 00:10:42,079 Speaker 3: Who has a heavy. 225 00:10:41,600 --> 00:10:44,079 Speaker 2: Let's let's all right, let's talk about the Porsche that 226 00:10:44,120 --> 00:10:46,360 Speaker 2: you drove, because I also want to get into Porschas 227 00:10:46,400 --> 00:10:49,839 Speaker 2: that are still possible to buy for regular people. 228 00:10:49,840 --> 00:10:51,920 Speaker 4: But the one you drove looked awesome. 229 00:10:51,920 --> 00:10:54,679 Speaker 2: I saw your pictures on Instagram and they tore out 230 00:10:54,720 --> 00:10:57,040 Speaker 2: obviously the interior and they made it into it's a 231 00:10:57,120 --> 00:10:58,880 Speaker 2: race like an off road race vehicle. 232 00:10:58,720 --> 00:11:01,280 Speaker 1: Right, yes, yes, So I have to be really careful 233 00:11:01,320 --> 00:11:04,920 Speaker 1: because I cannot give driving impressions of this vehicle until 234 00:11:05,280 --> 00:11:08,079 Speaker 1: next Tuesday, and that is when our actual coverage will 235 00:11:08,080 --> 00:11:09,600 Speaker 1: come out, so look forward to that. 236 00:11:09,840 --> 00:11:10,720 Speaker 4: But just what is it? 237 00:11:10,840 --> 00:11:13,320 Speaker 3: Yeah, the car, the car itself. 238 00:11:13,520 --> 00:11:16,000 Speaker 1: Is named Edith, and it's based on a nine to 239 00:11:16,000 --> 00:11:18,320 Speaker 1: eleven and nine to nine to two Kara four s 240 00:11:18,800 --> 00:11:23,600 Speaker 1: that Porsche basically Frankenstein into a rock crawler. 241 00:11:23,880 --> 00:11:26,000 Speaker 3: This is not a nine to eleven de car. 242 00:11:26,120 --> 00:11:30,440 Speaker 1: This is not some Safari Baja style nine to eleven 243 00:11:30,480 --> 00:11:32,960 Speaker 1: that goes fast over sand. This is a rock crawler 244 00:11:33,240 --> 00:11:37,319 Speaker 1: max speed sixty miles an hour, seven speed manual. And 245 00:11:37,640 --> 00:11:40,440 Speaker 1: you can barely even move forward in first gear. I 246 00:11:40,440 --> 00:11:43,200 Speaker 1: mean you could really you can really start the car 247 00:11:43,280 --> 00:11:47,960 Speaker 1: in second gear and be fine. So this is this 248 00:11:48,120 --> 00:11:53,240 Speaker 1: is about going slow over very very very rough, uneven terrain. 249 00:11:53,320 --> 00:11:56,200 Speaker 1: And this is the car that they claim the world 250 00:11:56,320 --> 00:12:00,280 Speaker 1: record for the highest altitude cross by a vehicle. This 251 00:12:00,400 --> 00:12:02,839 Speaker 1: wasn't on a mountain in Chili. Now that record has 252 00:12:02,880 --> 00:12:05,960 Speaker 1: not been certified by Guinness. Their Porsche is working to 253 00:12:06,000 --> 00:12:08,520 Speaker 1: have it sort of certified. It's unclear to me why 254 00:12:08,600 --> 00:12:12,960 Speaker 1: they didn't do that preemptively. Yeah, that will be discussed 255 00:12:12,960 --> 00:12:15,920 Speaker 1: in further detail in my piece, but they're gonna call 256 00:12:15,960 --> 00:12:18,560 Speaker 1: it a world record now. And the car itself looks 257 00:12:18,840 --> 00:12:19,640 Speaker 1: so cool. 258 00:12:19,920 --> 00:12:20,800 Speaker 4: It does look awesome. 259 00:12:21,440 --> 00:12:25,840 Speaker 2: So it's made for like maximum articulation exactly, you know, 260 00:12:25,920 --> 00:12:28,000 Speaker 2: pulling power exactly. 261 00:12:28,040 --> 00:12:30,720 Speaker 1: And they even pulled some of the actual components from 262 00:12:30,760 --> 00:12:34,000 Speaker 1: the nine to nineteen that they had developed back in 263 00:12:34,040 --> 00:12:36,280 Speaker 1: the day for that race car and actually never used. 264 00:12:36,559 --> 00:12:39,880 Speaker 1: So they're pulling old stuff to build this build on 265 00:12:39,960 --> 00:12:42,720 Speaker 1: top of this nine nine to two career. For us, 266 00:12:43,040 --> 00:12:46,560 Speaker 1: it's a very cool idea. They're not selling them, they're 267 00:12:46,600 --> 00:12:49,560 Speaker 1: not making anymore. It's a one of one thing that 268 00:12:49,600 --> 00:12:53,120 Speaker 1: they just wanted to do to get the record. And yeah, 269 00:12:53,280 --> 00:12:55,840 Speaker 1: I all right, so say much. 270 00:12:55,760 --> 00:12:57,520 Speaker 2: Well, no, no, you do not to say much more about it, 271 00:12:57,600 --> 00:13:00,000 Speaker 2: but I will say when I looked at your instat 272 00:13:00,040 --> 00:13:03,200 Speaker 2: Grand Posts, you know, I always complain about the fact 273 00:13:03,240 --> 00:13:06,800 Speaker 2: that the the car is so expensive and unattainable, even 274 00:13:06,840 --> 00:13:09,520 Speaker 2: though it's like that would be the perfect commuting Porsche 275 00:13:09,520 --> 00:13:11,839 Speaker 2: for many people who live in cities like this. 276 00:13:12,080 --> 00:13:13,480 Speaker 4: Yes, and I'm sure like that. 277 00:13:14,000 --> 00:13:16,599 Speaker 2: And I looked at your pictures and thought, oh, you 278 00:13:16,840 --> 00:13:20,040 Speaker 2: just safari your own like Matt Farra is the first 279 00:13:20,040 --> 00:13:21,800 Speaker 2: one that I saw when he did that to his 280 00:13:22,480 --> 00:13:24,600 Speaker 2: Do you see a lot of people doing that or yes? 281 00:13:24,920 --> 00:13:27,760 Speaker 2: Is that a trend that has stuck with us or 282 00:13:27,800 --> 00:13:29,280 Speaker 2: was it just a few people. 283 00:13:29,080 --> 00:13:32,400 Speaker 1: In the well, it's it's a huge It's a huge trend, 284 00:13:32,520 --> 00:13:35,880 Speaker 1: especially in California. I mean the to Baja like a 285 00:13:35,920 --> 00:13:38,200 Speaker 1: Baja Bug or a Baja nine to eleven is not 286 00:13:38,320 --> 00:13:41,480 Speaker 1: unusual at all. There's a guy out here named TJ. 287 00:13:41,600 --> 00:13:46,760 Speaker 1: Russell who is building basically Baja style nine to elevens 288 00:13:46,800 --> 00:13:49,240 Speaker 1: that can can go fast like the Dakar but can 289 00:13:49,240 --> 00:13:53,600 Speaker 1: also rock crawl. Lee Tuttle is another one. So there 290 00:13:53,600 --> 00:13:55,720 Speaker 1: are companies that will do it for you. Basically, you 291 00:13:55,760 --> 00:13:57,840 Speaker 1: give them the car and then they will speck it 292 00:13:57,920 --> 00:14:01,000 Speaker 1: for you and make it really capable. And yeah, I 293 00:14:01,040 --> 00:14:03,240 Speaker 1: mean more people should do it. That's a great thing 294 00:14:03,280 --> 00:14:07,400 Speaker 1: about Porsches. The components are so interchangeable. You can chop 295 00:14:07,440 --> 00:14:10,160 Speaker 1: them up and move things around and it's kind of 296 00:14:10,240 --> 00:14:11,000 Speaker 1: all the same car. 297 00:14:11,120 --> 00:14:13,400 Speaker 2: But the problem is now, like if I want to 298 00:14:13,440 --> 00:14:15,520 Speaker 2: buy a nine to eleven and take it to tuttle. 299 00:14:15,840 --> 00:14:19,080 Speaker 4: I have to be, like, you know, a rock star 300 00:14:19,280 --> 00:14:20,320 Speaker 4: or a pro wrestler. 301 00:14:20,560 --> 00:14:22,560 Speaker 3: I think the wait list is a several years on them. 302 00:14:22,640 --> 00:14:26,200 Speaker 2: But even to get like, can you still get an 303 00:14:26,200 --> 00:14:29,720 Speaker 2: old eighties Carrera? Everyone talks about the G fifty They 304 00:14:29,720 --> 00:14:31,920 Speaker 2: really want that transmission? Or can you still get like 305 00:14:31,920 --> 00:14:36,360 Speaker 2: a nine to sixty four in good shape for less 306 00:14:36,360 --> 00:14:39,160 Speaker 2: than you know, eighty ninety thousand dollars. 307 00:14:39,440 --> 00:14:43,640 Speaker 1: No, I think those days are really over, and I 308 00:14:43,720 --> 00:14:47,120 Speaker 1: do think you know again, when I spoke with I 309 00:14:47,160 --> 00:14:49,480 Speaker 1: spoke with analysts from K five hundred, which is a 310 00:14:49,480 --> 00:14:54,840 Speaker 1: great data firm based in Europe, among Haggardy Classic car 311 00:14:55,560 --> 00:14:57,320 Speaker 1: all of those guys are saying, look, the nine to 312 00:14:57,360 --> 00:14:59,920 Speaker 1: six form in particular probably will gain a little bit 313 00:15:00,120 --> 00:15:03,080 Speaker 1: more value, and the nine nine toy three there's some 314 00:15:03,240 --> 00:15:06,200 Speaker 1: room to grow. But already both of those are over 315 00:15:06,240 --> 00:15:09,680 Speaker 1: one hundred thousand dollars models, and those are like the 316 00:15:09,800 --> 00:15:13,320 Speaker 1: cheapest you could find, like the days of the turbos 317 00:15:13,360 --> 00:15:15,600 Speaker 1: being twenty thousand dollars or I mean. 318 00:15:16,000 --> 00:15:17,920 Speaker 3: Shoot, you used to be able to go at to. 319 00:15:17,920 --> 00:15:20,840 Speaker 1: Pomona, swap meat out here in California and get like 320 00:15:20,840 --> 00:15:23,440 Speaker 1: a nine to eleven t for seventy five hundred bucks 321 00:15:23,840 --> 00:15:24,960 Speaker 1: on the regular. 322 00:15:24,720 --> 00:15:27,640 Speaker 4: Or a nine to nine to six Turbo that was yeah. 323 00:15:27,320 --> 00:15:29,520 Speaker 1: And you know they even had engines in them. These 324 00:15:29,560 --> 00:15:32,840 Speaker 1: were running driving cars. And so I do really think 325 00:15:33,120 --> 00:15:36,040 Speaker 1: that those days, unfortunately are over. 326 00:15:36,280 --> 00:15:37,920 Speaker 2: So what do you think is the most attainable of 327 00:15:38,200 --> 00:15:40,560 Speaker 2: I mean, I guess a nine nine to seven. People 328 00:15:40,800 --> 00:15:42,240 Speaker 2: haven't gone crazy for those yet. 329 00:15:42,320 --> 00:15:43,480 Speaker 3: Now here's the thing. 330 00:15:44,280 --> 00:15:47,360 Speaker 1: I think that if you are willing to buy a 331 00:15:47,480 --> 00:15:51,280 Speaker 1: high mileage nine to eleven, you can get a great deal. 332 00:15:51,680 --> 00:15:56,240 Speaker 1: For instance, we at home have a nine to nine 333 00:15:56,280 --> 00:16:00,480 Speaker 1: to one Turbos with over one hundred and eight thousand 334 00:16:00,560 --> 00:16:03,760 Speaker 1: miles on it, and that's the daily I drove. That's 335 00:16:03,800 --> 00:16:07,400 Speaker 1: what I drove here today. I drive it often. It's 336 00:16:07,400 --> 00:16:09,200 Speaker 1: got one hundred and eighty thousand miles. We got it 337 00:16:09,240 --> 00:16:11,600 Speaker 1: for pennies on the dollar, and that used to be 338 00:16:11,760 --> 00:16:13,840 Speaker 1: the top of the line. It's at twenty fourteen. It 339 00:16:13,880 --> 00:16:15,000 Speaker 1: was the top of the line. 340 00:16:14,840 --> 00:16:15,480 Speaker 4: Of course. Yeah. 341 00:16:15,560 --> 00:16:15,840 Speaker 3: Yeah. 342 00:16:15,920 --> 00:16:18,040 Speaker 2: So I one time I spoke with Wolfgang Porsche and 343 00:16:18,080 --> 00:16:19,520 Speaker 2: I asked him which one he would buy if you 344 00:16:19,560 --> 00:16:19,960 Speaker 2: could have it? 345 00:16:20,040 --> 00:16:20,800 Speaker 3: Did he say that one? 346 00:16:20,840 --> 00:16:22,560 Speaker 2: He said a Turbos, And I thought it was such 347 00:16:22,600 --> 00:16:24,560 Speaker 2: a boring answer, but no, I get it. 348 00:16:25,080 --> 00:16:26,600 Speaker 1: I if I was going to have a new nine 349 00:16:26,640 --> 00:16:28,000 Speaker 1: to eleven right now, i'd have the nine to nine 350 00:16:28,080 --> 00:16:31,040 Speaker 1: two turbos, and the Daily right now is a nine 351 00:16:31,040 --> 00:16:31,480 Speaker 1: to nine one. 352 00:16:31,760 --> 00:16:34,880 Speaker 2: So I think the high mileage thing is interesting, and 353 00:16:34,920 --> 00:16:36,840 Speaker 2: I hadn't really thought about it. Every time I look 354 00:16:36,880 --> 00:16:40,000 Speaker 2: for a car, like probably everybody else, I limit the mileage. 355 00:16:40,440 --> 00:16:44,640 Speaker 2: But I saw that guy Paul Kramer has a rally 356 00:16:44,680 --> 00:16:48,320 Speaker 2: like a nineteen eighty six Carrera car and he apparently 357 00:16:48,360 --> 00:16:50,360 Speaker 2: bought it with two hundred thousand miles on it and 358 00:16:50,440 --> 00:16:52,920 Speaker 2: now has like over three hundred thousand miles on it. 359 00:16:52,960 --> 00:16:56,320 Speaker 2: So do you see Porschas with like high mileage doing well? 360 00:16:56,360 --> 00:16:58,760 Speaker 2: I mean, are they just reliable cars you if you 361 00:16:58,760 --> 00:16:59,440 Speaker 2: take care of them. 362 00:16:59,600 --> 00:17:02,360 Speaker 1: Well, yeah, there's a friend. I've got a friend out 363 00:17:02,360 --> 00:17:05,480 Speaker 1: in Florida who drives his three point fifty six cross 364 00:17:05,600 --> 00:17:08,439 Speaker 1: country and has for years. I need to check back in, 365 00:17:08,520 --> 00:17:10,280 Speaker 1: but I know he's probably in the two to three 366 00:17:10,359 --> 00:17:13,520 Speaker 1: hundred thousand miles on his three five six. I don't 367 00:17:13,640 --> 00:17:17,720 Speaker 1: see why it's a bad thing to me a car 368 00:17:17,760 --> 00:17:20,680 Speaker 1: with super low miles. I'm like, h hasn't really been 369 00:17:20,760 --> 00:17:21,960 Speaker 1: tried and tested, has it. 370 00:17:22,200 --> 00:17:22,400 Speaker 4: Right. 371 00:17:23,000 --> 00:17:25,600 Speaker 3: Paul's a great guy. That green car, I think that's 372 00:17:25,600 --> 00:17:26,800 Speaker 3: the one you're talking about that. 373 00:17:26,720 --> 00:17:29,280 Speaker 4: He's got the Turtle LaTortuga exactly. 374 00:17:29,359 --> 00:17:32,280 Speaker 1: He drives it everywhere and I think I'm actually going 375 00:17:32,320 --> 00:17:34,600 Speaker 1: to see him on Saturday. He's got a little a 376 00:17:34,640 --> 00:17:39,480 Speaker 1: little gathering down at his shop. But to me, high mileage, 377 00:17:39,560 --> 00:17:41,680 Speaker 1: if the car has been maintained, I think the important 378 00:17:41,720 --> 00:17:44,080 Speaker 1: thing is how many owners has it had? What are 379 00:17:44,080 --> 00:17:46,960 Speaker 1: the maintenance records? Like where did it live? Is this 380 00:17:47,160 --> 00:17:58,080 Speaker 1: car in Detroit or is it in you know, Santa Barbara. 381 00:17:58,680 --> 00:18:01,919 Speaker 2: Let's move to the world of evs because you know, 382 00:18:01,920 --> 00:18:05,040 Speaker 2: we've been talking about this a bunch, but I think 383 00:18:05,359 --> 00:18:09,280 Speaker 2: dark clouds have really moved in here. There was massive 384 00:18:09,280 --> 00:18:12,960 Speaker 2: growth in twenty twenty two annual EV sales in the 385 00:18:13,040 --> 00:18:16,919 Speaker 2: US crew sixty percent. Last year they only grew forty 386 00:18:16,960 --> 00:18:19,360 Speaker 2: seven percent. But in the fourth quarter of last year, 387 00:18:19,400 --> 00:18:23,240 Speaker 2: EV sales only grew one point three percent, and analysts 388 00:18:23,280 --> 00:18:26,240 Speaker 2: at UBS expect growth this year to only be eleven percent. 389 00:18:26,280 --> 00:18:29,840 Speaker 2: So they're still growing EV sales, you know, in the 390 00:18:29,920 --> 00:18:33,840 Speaker 2: US and globally, but the growth has slowed down. Drastically, 391 00:18:33,880 --> 00:18:36,560 Speaker 2: and that's because I think all the rich people have 392 00:18:36,680 --> 00:18:40,840 Speaker 2: bought them, you know, as a third car or an 393 00:18:40,840 --> 00:18:43,879 Speaker 2: eco warrior, God bless them, have bought them to do 394 00:18:44,040 --> 00:18:48,040 Speaker 2: their part. But everybody else thinks they're too expensive and 395 00:18:48,080 --> 00:18:49,680 Speaker 2: you can't find a place to charge them, and they're 396 00:18:49,720 --> 00:18:50,400 Speaker 2: just not convenient. 397 00:18:50,640 --> 00:18:54,600 Speaker 1: It's really interesting to see, you know, you sent me 398 00:18:54,960 --> 00:18:58,760 Speaker 1: a bunch of these great reporting that Bloomberg reporters have 399 00:18:58,840 --> 00:19:02,640 Speaker 1: done on this topic, and it's kind of unbelievable how 400 00:19:03,000 --> 00:19:07,680 Speaker 1: there's just a hard component of American consumers that are like, no, 401 00:19:08,080 --> 00:19:10,480 Speaker 1: we were not considering evs. 402 00:19:10,760 --> 00:19:11,640 Speaker 3: We don't want them. 403 00:19:11,640 --> 00:19:13,480 Speaker 1: I think one of the reports you sent me, Matt 404 00:19:13,520 --> 00:19:17,040 Speaker 1: said about half of Americans just say flat out not 405 00:19:17,160 --> 00:19:18,000 Speaker 1: interested in evs. 406 00:19:18,119 --> 00:19:18,280 Speaker 4: Right. 407 00:19:18,320 --> 00:19:20,080 Speaker 3: Well, and that's that's new. 408 00:19:20,720 --> 00:19:24,360 Speaker 2: I thought about getting an EV for my wife. I mean, 409 00:19:24,359 --> 00:19:26,880 Speaker 2: we have for our family because we want to offset 410 00:19:26,920 --> 00:19:32,720 Speaker 2: the carbon footprint that my challenger creates. And there are incentives, 411 00:19:32,800 --> 00:19:35,480 Speaker 2: mind you. You know, the government has taken it upon 412 00:19:35,560 --> 00:19:39,320 Speaker 2: themselves to take money from taxpayers from all of us 413 00:19:39,359 --> 00:19:42,520 Speaker 2: and try and subsidize this. Not just the US government, right, 414 00:19:42,800 --> 00:19:45,720 Speaker 2: governments around the world are using tax payer money to 415 00:19:45,720 --> 00:19:50,159 Speaker 2: try and subsidize the EV industry, so you want to 416 00:19:50,200 --> 00:19:54,320 Speaker 2: do it. I look at BMW, for example, has the IX, 417 00:19:54,520 --> 00:19:59,000 Speaker 2: which is ugly but cool. Yeah, but it's also expensive, right, 418 00:19:59,000 --> 00:20:02,119 Speaker 2: It's eighty ninety thousand dollars to start. The X five, 419 00:20:03,000 --> 00:20:05,679 Speaker 2: the gas version tried and true starts at less than 420 00:20:05,680 --> 00:20:09,040 Speaker 2: seventy thousand dollars. However, if you lease it from BMW, 421 00:20:09,080 --> 00:20:11,440 Speaker 2: you can lease the IX for far cheaper six hundred 422 00:20:11,720 --> 00:20:14,160 Speaker 2: and ninety nine dollars a month, whereas an X five 423 00:20:14,240 --> 00:20:17,159 Speaker 2: lease is over nine hundred dollars a month. So there 424 00:20:17,160 --> 00:20:19,520 Speaker 2: are ways to get into them for less, which makes 425 00:20:19,560 --> 00:20:21,399 Speaker 2: me think, Okay, maybe I should. I can do my 426 00:20:21,480 --> 00:20:23,960 Speaker 2: part for the earth, and I'm gonna save money. But 427 00:20:24,240 --> 00:20:27,280 Speaker 2: the problem is all the electrify America places around me 428 00:20:27,480 --> 00:20:31,000 Speaker 2: are broken or are are full. I would have to 429 00:20:31,160 --> 00:20:34,439 Speaker 2: install extra equipment at my house and give up some 430 00:20:34,520 --> 00:20:37,040 Speaker 2: garage space. I don't want to do that. And then 431 00:20:37,040 --> 00:20:40,880 Speaker 2: Consumer Reports recently took a survey and found that evs 432 00:20:40,920 --> 00:20:44,959 Speaker 2: have eighty percent more problems than ICEE E cars. 433 00:20:45,240 --> 00:20:50,280 Speaker 1: What that seems wild because evs have far fewer components. 434 00:20:50,680 --> 00:20:52,320 Speaker 4: That's exactly what I thought. 435 00:20:52,240 --> 00:20:53,879 Speaker 3: So that how does that even? 436 00:20:54,359 --> 00:20:54,479 Speaker 1: So? 437 00:20:54,560 --> 00:20:58,080 Speaker 2: The problem is all down to the battery and the 438 00:20:58,119 --> 00:21:00,560 Speaker 2: ability to take a charge. That's what can Sumer reports 439 00:21:00,720 --> 00:21:04,160 Speaker 2: your cell phone. It's yes, and that's the most reported 440 00:21:04,200 --> 00:21:08,080 Speaker 2: problem for battery electric vehicles that even if you pull 441 00:21:08,160 --> 00:21:11,560 Speaker 2: up to you know, your super charger or whatever, the 442 00:21:11,600 --> 00:21:14,480 Speaker 2: battery in your car or something in between the charger 443 00:21:14,480 --> 00:21:17,080 Speaker 2: and your battery isn't working well enough to charge you up. 444 00:21:17,119 --> 00:21:19,320 Speaker 2: And if you had a problem with your car where 445 00:21:19,320 --> 00:21:22,119 Speaker 2: you couldn't put gas in it for some reason, yeah, yeah, 446 00:21:22,160 --> 00:21:23,199 Speaker 2: that would be no bueno. 447 00:21:23,480 --> 00:21:27,280 Speaker 1: Right, Yeah, that's that honestly, is a terrifying scenario for me. 448 00:21:27,640 --> 00:21:32,080 Speaker 1: And it's definitely even on press cars. I get so 449 00:21:32,720 --> 00:21:35,160 Speaker 1: we joke about it at home. I get so anxious 450 00:21:35,200 --> 00:21:39,800 Speaker 1: about like if the tank shows tank quote unquote shows 451 00:21:40,200 --> 00:21:43,199 Speaker 1: a quarter or less of range, I won't drive the 452 00:21:43,240 --> 00:21:45,600 Speaker 1: car because I don't believe that it's a mile to 453 00:21:45,680 --> 00:21:46,800 Speaker 1: mile exact. 454 00:21:46,960 --> 00:21:48,880 Speaker 2: You know it is in no, but it's not as 455 00:21:48,880 --> 00:21:50,639 Speaker 2: I'll get into a car and it says, oh, you 456 00:21:50,640 --> 00:21:52,520 Speaker 2: have two hundred miles of range. No, I put the 457 00:21:52,560 --> 00:21:55,560 Speaker 2: pedal down, I get on the you know, sprain Brook, 458 00:21:55,640 --> 00:21:57,320 Speaker 2: and then all of a sudden it says, wait, you 459 00:21:57,320 --> 00:21:58,160 Speaker 2: have one hundred and twenty. 460 00:21:58,240 --> 00:22:00,840 Speaker 3: Yeah, I know that is honest terrifying. 461 00:22:00,880 --> 00:22:03,119 Speaker 1: And the other thing is, you know, I'll take cars 462 00:22:03,160 --> 00:22:06,280 Speaker 1: up Angeley's Crest up here a highway too, and when 463 00:22:06,320 --> 00:22:09,919 Speaker 1: you're going uphill, clearly you use a lot more battery, 464 00:22:09,960 --> 00:22:12,600 Speaker 1: especially if you're pushing it a bit. And yes, I 465 00:22:12,640 --> 00:22:15,399 Speaker 1: know in my head that when I come down the 466 00:22:15,480 --> 00:22:17,560 Speaker 1: breaks will regenerate some power. 467 00:22:17,680 --> 00:22:19,320 Speaker 3: I know that logically, But. 468 00:22:19,320 --> 00:22:21,320 Speaker 1: When I'm driving up the hill and I see I 469 00:22:21,320 --> 00:22:25,080 Speaker 1: can literally just watch range dwindle in front of my eyes, 470 00:22:25,240 --> 00:22:26,560 Speaker 1: it's terrifying. 471 00:22:26,920 --> 00:22:27,919 Speaker 4: Yeah, so I don't like it. 472 00:22:28,200 --> 00:22:31,040 Speaker 2: No, I think that range anxiety that you're talking about, 473 00:22:31,720 --> 00:22:35,040 Speaker 2: the fact that the charging network is terribly poor, by 474 00:22:35,040 --> 00:22:40,120 Speaker 2: the way, I saw in a story, because the government 475 00:22:40,240 --> 00:22:43,120 Speaker 2: is now going to give even more money I think 476 00:22:43,160 --> 00:22:47,399 Speaker 2: another seven hundred million dollars to try and improve the 477 00:22:47,520 --> 00:22:48,560 Speaker 2: charging infrastructure. 478 00:22:48,560 --> 00:22:52,080 Speaker 4: But the first federally funded chargers. 479 00:22:52,200 --> 00:22:55,680 Speaker 2: Just went into it's unbelievable use in Ohio I think 480 00:22:55,680 --> 00:22:58,640 Speaker 2: in November or December in Ohio first, and then New 481 00:22:58,720 --> 00:23:02,520 Speaker 2: York just now like last month, which is crazy. 482 00:23:02,240 --> 00:23:05,040 Speaker 1: Too little, too late, I mean, it's Oh and the 483 00:23:05,080 --> 00:23:07,960 Speaker 1: other thing that that reminds me of I saw that 484 00:23:08,080 --> 00:23:11,280 Speaker 1: you know, China, I think is a really big important 485 00:23:11,320 --> 00:23:13,720 Speaker 1: thing to talk about when we're talking about EV's because 486 00:23:13,720 --> 00:23:17,600 Speaker 1: that's basically where everything exciting is happening with EV's. But 487 00:23:17,760 --> 00:23:21,080 Speaker 1: back to your point about the government, there's still like 488 00:23:21,119 --> 00:23:23,919 Speaker 1: a twenty five or twenty seven percent tariff. I'm bringing 489 00:23:24,000 --> 00:23:27,119 Speaker 1: in Chinese electric vehicles into the country, which is why 490 00:23:27,200 --> 00:23:30,280 Speaker 1: we don't have any Yes, and the Chinese vehicles are 491 00:23:30,280 --> 00:23:33,439 Speaker 1: a lot cheaper, so potentially it would be good, they 492 00:23:33,480 --> 00:23:36,000 Speaker 1: would be a lot less expensive to buy, but that 493 00:23:36,080 --> 00:23:38,160 Speaker 1: with the tarifs, they're not coming here right well. 494 00:23:38,160 --> 00:23:41,040 Speaker 2: Pollstar two is one that's made in China, and I've 495 00:23:41,119 --> 00:23:41,960 Speaker 2: driven right here. 496 00:23:42,920 --> 00:23:43,159 Speaker 1: You know. 497 00:23:43,280 --> 00:23:43,960 Speaker 4: It's interesting. 498 00:23:44,680 --> 00:23:47,880 Speaker 2: Italy is now going to give another billion dollars in incentives. 499 00:23:48,480 --> 00:23:52,200 Speaker 2: Car makers are asking the UK to give now multiple 500 00:23:52,240 --> 00:23:55,800 Speaker 2: billion dollars in tax cuts. I think almost nine billion pounds, 501 00:23:55,840 --> 00:23:59,200 Speaker 2: so well over ten billion dollars. Governments around the world 502 00:23:59,240 --> 00:24:01,639 Speaker 2: continue to throw the money at this industry and really 503 00:24:01,680 --> 00:24:05,480 Speaker 2: are trying to subsidize the growth of evs, but the 504 00:24:05,600 --> 00:24:09,760 Speaker 2: price remains too high. An average EV costs right now 505 00:24:09,840 --> 00:24:13,080 Speaker 2: is over sixty thousand dollars, which is thirteen thousand dollars 506 00:24:13,160 --> 00:24:15,080 Speaker 2: more than the average cost for an IC car, and 507 00:24:15,119 --> 00:24:17,840 Speaker 2: as a result, they're sitting on dealership lots now for 508 00:24:17,920 --> 00:24:21,440 Speaker 2: one hundred and fourteen days at the beginning of December, 509 00:24:21,520 --> 00:24:24,160 Speaker 2: compared to seventy one days for the overall auto industry, 510 00:24:24,240 --> 00:24:27,640 Speaker 2: and then obviously much less for less for gas cars, 511 00:24:27,640 --> 00:24:29,960 Speaker 2: and then much less for hybrids which just fly off 512 00:24:29,960 --> 00:24:34,280 Speaker 2: the lots. So it's wild. It's a problem, and I 513 00:24:34,359 --> 00:24:37,359 Speaker 2: just wonder, are we now in this lull? Like you know, 514 00:24:37,480 --> 00:24:42,119 Speaker 2: after the dot com bubble burst, nobody wanted Amazon stock, 515 00:24:42,200 --> 00:24:44,159 Speaker 2: but if you waited ten years, you were a happy camper. 516 00:24:44,480 --> 00:24:47,280 Speaker 2: Is that the case you think for evs? Because we're 517 00:24:47,280 --> 00:24:49,240 Speaker 2: pouring so much money into it. I talked to the 518 00:24:49,280 --> 00:24:53,359 Speaker 2: CFO of Volkswagen last week and he said, we're still 519 00:24:53,400 --> 00:24:56,639 Speaker 2: going to invest one hundred and thirty billion dollars in 520 00:24:56,680 --> 00:25:00,000 Speaker 2: a decade to build EVS and digitalize autumn. 521 00:25:00,720 --> 00:25:03,520 Speaker 4: You just can't turn that around. You know. It's a 522 00:25:03,600 --> 00:25:06,520 Speaker 4: very big ship. So even if they seem. 523 00:25:06,440 --> 00:25:10,200 Speaker 2: Unpopular now, maybe we get through this storm and there 524 00:25:10,280 --> 00:25:11,639 Speaker 2: are clear skies ahead. 525 00:25:11,960 --> 00:25:15,719 Speaker 1: Well, it seems like, you know, with the amount of 526 00:25:16,000 --> 00:25:19,520 Speaker 1: money that stands to be lost if they don't take off. 527 00:25:20,320 --> 00:25:21,560 Speaker 3: I mean, just look at how much. 528 00:25:21,720 --> 00:25:26,159 Speaker 1: Governments are are now investing and automakers are investing in 529 00:25:26,440 --> 00:25:28,480 Speaker 1: making them succeed. 530 00:25:29,720 --> 00:25:30,200 Speaker 4: You're right. 531 00:25:30,240 --> 00:25:32,399 Speaker 3: I mean it just seems crazy to just all of 532 00:25:32,440 --> 00:25:33,680 Speaker 3: a sudden say never mind. 533 00:25:33,520 --> 00:25:34,160 Speaker 4: And I just can't. 534 00:25:34,200 --> 00:25:37,240 Speaker 1: You can't know you can't. And I don't think this 535 00:25:37,480 --> 00:25:40,080 Speaker 1: is the quote unquote end of EV's They still they 536 00:25:40,160 --> 00:25:42,480 Speaker 1: there was still growth and EV sales last year. It 537 00:25:42,560 --> 00:25:45,320 Speaker 1: just wasn't as much as previous years. But there is 538 00:25:45,440 --> 00:25:48,359 Speaker 1: still incremental growth. So I think we should keep that 539 00:25:48,400 --> 00:25:50,959 Speaker 1: in mind. It's not like there next year they're just 540 00:25:51,160 --> 00:25:53,440 Speaker 1: going to disappear way too much at stake. 541 00:25:53,600 --> 00:25:56,400 Speaker 2: Well, I mean, I had a baby six weeks ago, 542 00:25:57,040 --> 00:25:58,359 Speaker 2: and I'm not in your life. 543 00:25:58,440 --> 00:26:00,200 Speaker 3: Your wife had a baby, Yes I'm not. 544 00:26:00,400 --> 00:26:03,080 Speaker 2: You know, I'm not enjoying the sleepless nights and all 545 00:26:03,119 --> 00:26:06,080 Speaker 2: I do is change diapers and she's crying all the time, 546 00:26:06,119 --> 00:26:08,040 Speaker 2: but I can't put her back. Like it's at this 547 00:26:08,080 --> 00:26:09,720 Speaker 2: point we're going forward with this child. 548 00:26:10,040 --> 00:26:11,800 Speaker 3: You know, that's a genie that I think genie is 549 00:26:11,800 --> 00:26:12,359 Speaker 3: out of the bottle. 550 00:26:12,400 --> 00:26:14,280 Speaker 4: I think it's the same with electric cars. 551 00:26:14,320 --> 00:26:16,080 Speaker 2: By the way, I will say that I'm driving the 552 00:26:16,160 --> 00:26:17,520 Speaker 2: F one to fifty lightning right now. 553 00:26:17,640 --> 00:26:20,480 Speaker 3: Oh, what do you think, Well, it's very fast. 554 00:26:20,680 --> 00:26:23,600 Speaker 1: It's unusual that you wouldn't have mentioned it sooner in 555 00:26:23,640 --> 00:26:27,159 Speaker 1: the conversation, because typically you start right off telling me 556 00:26:27,240 --> 00:26:30,800 Speaker 1: about the huge trucks starving of the week. But this, 557 00:26:30,800 --> 00:26:33,960 Speaker 1: this is, this is like the least excited I've seen 558 00:26:34,000 --> 00:26:36,080 Speaker 1: you be about a truck. 559 00:26:36,240 --> 00:26:39,040 Speaker 2: I just think it's not for me. Let's say, I'd 560 00:26:39,119 --> 00:26:42,399 Speaker 2: rather have a gas version. I'd much rather have a 561 00:26:42,440 --> 00:26:43,640 Speaker 2: big diesel motor in there. 562 00:26:43,800 --> 00:26:45,800 Speaker 3: It sounds like you're kind of bored with it. 563 00:26:45,800 --> 00:26:49,960 Speaker 2: It's just, yeah, it's like a utility, an appliance, an appliance. 564 00:26:50,000 --> 00:26:53,520 Speaker 2: I mean, sorry, it's like an appliance. It doesn't really 565 00:26:53,640 --> 00:26:58,120 Speaker 2: ignite any passion in me. And I'm you know, people 566 00:26:58,200 --> 00:27:00,119 Speaker 2: at my house are a little bit derisive about the 567 00:27:00,160 --> 00:27:03,199 Speaker 2: size of the screen. The screen in the middle reminds 568 00:27:03,280 --> 00:27:04,920 Speaker 2: me of have you seen Spaceballs? 569 00:27:06,359 --> 00:27:08,000 Speaker 3: Not for about twenty years, but you. 570 00:27:07,960 --> 00:27:10,760 Speaker 2: Remember dark helmet? Right, they're making fun of Darth Vader, 571 00:27:10,800 --> 00:27:13,040 Speaker 2: and he has the biggest talent. It's just a ridiculously 572 00:27:13,080 --> 00:27:15,560 Speaker 2: sized helmet. And that's what the screen and the like. 573 00:27:15,600 --> 00:27:17,359 Speaker 2: They could have made it half the size and I 574 00:27:17,400 --> 00:27:20,000 Speaker 2: still would have had just as much functionality. 575 00:27:20,000 --> 00:27:20,359 Speaker 4: Out of it. 576 00:27:20,440 --> 00:27:23,440 Speaker 2: I just it seems almost a joke. But yeah, it's 577 00:27:23,720 --> 00:27:26,200 Speaker 2: it's fast, it's you know, useful. 578 00:27:26,960 --> 00:27:28,719 Speaker 3: Are people nice to you on the road when you're 579 00:27:28,800 --> 00:27:29,280 Speaker 3: driving it? 580 00:27:29,560 --> 00:27:31,560 Speaker 4: Well, not because of the way I drive. 581 00:27:32,040 --> 00:27:35,320 Speaker 3: No, So you still drive like a real joke. 582 00:27:35,400 --> 00:27:36,240 Speaker 4: Well, it's so quick. 583 00:27:37,240 --> 00:27:39,719 Speaker 2: I'm like, coming down here on the West Side Highway, 584 00:27:39,720 --> 00:27:41,760 Speaker 2: I'm just weaving in and out of traffic. 585 00:27:41,960 --> 00:27:43,560 Speaker 4: Yeah, because it's so fast. 586 00:27:44,480 --> 00:27:47,959 Speaker 2: So there's that, you know, But it's still I'd rather 587 00:27:48,080 --> 00:27:50,600 Speaker 2: have I'd much rather have a Super Duty with a 588 00:27:50,640 --> 00:27:54,160 Speaker 2: six point seven liters power stroke. I mean, i'd rather 589 00:27:54,200 --> 00:27:58,080 Speaker 2: have a Raptor, you know. Obviously I'd rather have a Bronco. 590 00:27:58,520 --> 00:28:00,359 Speaker 3: Do you find that the bigger of the truck shorter 591 00:28:00,480 --> 00:28:00,760 Speaker 3: the man? 592 00:28:01,600 --> 00:28:03,280 Speaker 4: Oh well, I mean I'm six four. 593 00:28:03,880 --> 00:28:06,600 Speaker 3: So that's why I asked you're you're an anomaly. 594 00:28:06,920 --> 00:28:10,359 Speaker 2: I mean maybe I'm maybe maybe I'm making up for something. 595 00:28:10,400 --> 00:28:12,680 Speaker 4: I don't know, but I just like I didn't say it. 596 00:28:12,800 --> 00:28:13,120 Speaker 3: I didn't. 597 00:28:13,200 --> 00:28:14,960 Speaker 4: I like big cars too, you know. 598 00:28:15,040 --> 00:28:18,520 Speaker 2: That's why I look that big Bentley and the se Roles, and. 599 00:28:18,760 --> 00:28:20,720 Speaker 3: I think the Bentley's are going to be popular. 600 00:28:21,480 --> 00:28:23,440 Speaker 2: Yeah, no, they already. By the way, you can get 601 00:28:23,440 --> 00:28:24,560 Speaker 2: into those for twenty grand. 602 00:28:24,800 --> 00:28:27,360 Speaker 3: Yeah, and you heard it, you heard it now? Yeah, 603 00:28:27,359 --> 00:28:28,120 Speaker 3: go buy him now? 604 00:28:28,480 --> 00:28:32,879 Speaker 2: All right, So let's uh, let's just we've covered our 605 00:28:32,920 --> 00:28:36,359 Speaker 2: three topics. Let's just cast our eyes forward to what's 606 00:28:36,359 --> 00:28:39,360 Speaker 2: coming up. You've got your coverage on the Porsches coming out. 607 00:28:39,360 --> 00:28:39,920 Speaker 4: What else have you. 608 00:28:39,840 --> 00:28:41,640 Speaker 3: Got coverage on the Porsches coming out? 609 00:28:41,720 --> 00:28:45,040 Speaker 1: We've got the Yeah, the market look for cars to 610 00:28:45,080 --> 00:28:46,320 Speaker 1: buy in twenty twenty four. 611 00:28:48,120 --> 00:28:50,600 Speaker 3: Next week. Actually, I will. 612 00:28:50,400 --> 00:28:53,320 Speaker 1: Be in New York in a week, so I'm excited 613 00:28:53,360 --> 00:28:56,800 Speaker 1: about that, so I'll come see you. And then I'm 614 00:28:56,840 --> 00:29:00,440 Speaker 1: going to the Retromobile show in Paris, which I'll bet 615 00:29:00,480 --> 00:29:01,640 Speaker 1: there are a couple auctions there. 616 00:29:02,680 --> 00:29:04,640 Speaker 4: So wait, what is different retromobile? 617 00:29:04,680 --> 00:29:05,880 Speaker 3: What is retromobile? 618 00:29:06,040 --> 00:29:09,840 Speaker 1: This is an annual car show in Paris, and I 619 00:29:09,920 --> 00:29:13,680 Speaker 1: haven't been since before COVID, so I'm really curious to go. 620 00:29:14,880 --> 00:29:19,160 Speaker 1: It's it's just like a beautiful old car show and 621 00:29:19,440 --> 00:29:24,320 Speaker 1: it's typically held inside, which is great because it is February. Yeah, 622 00:29:24,360 --> 00:29:26,360 Speaker 1: and then you know, I'm going to be looking in 623 00:29:26,480 --> 00:29:31,080 Speaker 1: terms of stories. There is an interesting thing heating up 624 00:29:31,520 --> 00:29:34,760 Speaker 1: in Florida in March. I'm going to be reporting about 625 00:29:34,960 --> 00:29:40,640 Speaker 1: how Amelia Island which is the standard car concor then 626 00:29:40,880 --> 00:29:43,120 Speaker 1: will sort of be going up against this new thing 627 00:29:43,160 --> 00:29:45,920 Speaker 1: called Moda Miami that arms Southeby's is putting on so 628 00:29:45,960 --> 00:29:47,560 Speaker 1: we can get into that lab. But that's something that 629 00:29:47,600 --> 00:29:49,720 Speaker 1: else that's also on my horizon. 630 00:29:49,760 --> 00:29:52,560 Speaker 2: All right, very cool, I got you. I'm going to 631 00:29:52,600 --> 00:29:56,880 Speaker 2: be driving the Jaguar F Pace SVR. I almost forgot 632 00:29:56,920 --> 00:30:00,200 Speaker 2: about Jaguar as a brand entirely. Yeah, I know, but 633 00:30:00,400 --> 00:30:03,680 Speaker 2: it'll be interesting to drive that vehicle because I'm sure 634 00:30:03,680 --> 00:30:06,840 Speaker 2: it'll be great. You know, it's expensive, and when they're expensive, 635 00:30:06,840 --> 00:30:09,920 Speaker 2: they're usually fun. My interest in the brand has been 636 00:30:10,040 --> 00:30:12,560 Speaker 2: kind of reignited a little bit in Jag. 637 00:30:12,840 --> 00:30:16,280 Speaker 4: Yeah, why is that? I've just heard more and more 638 00:30:16,440 --> 00:30:19,400 Speaker 4: about older Jags like XGS. 639 00:30:19,600 --> 00:30:23,280 Speaker 2: Doing a thing with TWR and a buddy of mine 640 00:30:23,320 --> 00:30:27,080 Speaker 2: bought XJ six That is pretty cool. 641 00:30:26,880 --> 00:30:29,200 Speaker 4: And it was like almost free how much you paid 642 00:30:29,200 --> 00:30:29,520 Speaker 4: for it? 643 00:30:30,040 --> 00:30:33,040 Speaker 2: And speaking of, you know, the potential growth in cars, 644 00:30:33,200 --> 00:30:34,480 Speaker 2: I feel like that's a brand a lot of people 645 00:30:34,520 --> 00:30:35,280 Speaker 2: have forgotten about. 646 00:30:35,280 --> 00:30:36,800 Speaker 4: And they had some really cool designs. 647 00:30:36,960 --> 00:30:39,040 Speaker 3: Oh my gosh, they had the coolest designs. 648 00:30:39,080 --> 00:30:42,560 Speaker 1: We used to have a couple E types and I 649 00:30:42,600 --> 00:30:45,320 Speaker 1: would drive that E type back and forth to Sunset Tower, 650 00:30:45,640 --> 00:30:48,520 Speaker 1: and it was kind of awesome because it's so low 651 00:30:48,600 --> 00:30:51,920 Speaker 1: to the ground. The cabin is tiny, and if you've 652 00:30:51,960 --> 00:30:56,520 Speaker 1: ever driven a goal Wing Mercedes, it's basically I have 653 00:30:56,760 --> 00:30:58,760 Speaker 1: basically this same feel. 654 00:30:58,520 --> 00:31:01,080 Speaker 3: But a lot less expensive. So here's another. 655 00:31:01,480 --> 00:31:03,400 Speaker 1: If you like the going but you can't spend a 656 00:31:03,400 --> 00:31:05,800 Speaker 1: few million dollars, you can get into an E type 657 00:31:05,800 --> 00:31:07,960 Speaker 1: which has sort of the same feel in almost the 658 00:31:08,000 --> 00:31:10,960 Speaker 1: same body shape. But yeah, I mean the ex the 659 00:31:11,120 --> 00:31:14,400 Speaker 1: jags from the like eighties and nineties, they could be 660 00:31:14,480 --> 00:31:15,480 Speaker 1: cool again, right. 661 00:31:15,400 --> 00:31:17,840 Speaker 2: Yeah, I mean, I don't know if this is inappropriate, 662 00:31:17,840 --> 00:31:19,880 Speaker 2: but I'm looking at you. I'm thinking about Tawny Katain. 663 00:31:20,280 --> 00:31:23,560 Speaker 2: Remember Tonnyktas she was in like a white Snake video 664 00:31:23,800 --> 00:31:26,240 Speaker 2: on top of a jag and she had the hair. 665 00:31:26,800 --> 00:31:28,360 Speaker 3: I gotta look her up, Tawny Katain. 666 00:31:32,040 --> 00:31:34,800 Speaker 2: That does it for this episode of Hot Pursuit. A reminder, 667 00:31:35,000 --> 00:31:37,320 Speaker 2: we have a new email address so you could write 668 00:31:37,360 --> 00:31:40,240 Speaker 2: into us if you have any comments or questions. 669 00:31:40,280 --> 00:31:41,440 Speaker 4: Hannah, what's the email address. 670 00:31:41,680 --> 00:31:46,160 Speaker 1: The email address is Hot Pursuit at Bloomberg dot net. 671 00:31:46,640 --> 00:31:49,000 Speaker 4: So definitely shoot us your thoughts. We'd love to hear 672 00:31:49,080 --> 00:31:49,520 Speaker 4: from you. 673 00:31:50,000 --> 00:31:53,520 Speaker 1: I'm Matt Miller, and I'm Hannah Elliott, and this is Bloomberg.