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Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.

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Speaker 2: I'm Matt Miller and I'm Hannah Elliott, and this is

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Speaker 2: Hot Pursuit.

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Speaker 1: We are a couple of journalists covering cars for the

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Speaker 1: better part of two decades, and we're gonna go over

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Speaker 1: some of the most interesting things we've been driving lately today,

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Speaker 1: as well as a really cool rivalry developing, or I

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Speaker 1: mean an interesting rivalry maybe a little bit of an

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Speaker 1: ugly rivalry developing in the auction business. First off, Hannah,

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Speaker 1: you finally got to drive I guess it's only been

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Speaker 1: out for a few months now, but the cyber truck, right, Yes.

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Speaker 2: This was a big goal of ours, and we did it.

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Speaker 2: We did it thanks to Turo. We rented it on Turo.

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Speaker 1: Nice. Oh cool. I didn't even know that, all right,

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Speaker 1: So we're gonna do a little bit of an EV

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Speaker 1: extravaganzette first, because I drove the Kia EV nine and

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Speaker 1: I think it's fair to say a lot of people

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Speaker 1: have been excited about that. So we'll talk about that.

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Speaker 1: But the EV landscape is just looking worse and worse

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Speaker 1: and worse every day, at least from the manufacturer's perspective.

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Speaker 1: Then we're going to talk about a hypercar. Is it

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Speaker 1: fair to call the McLaren a hypercar?

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Speaker 2: Is a super I would call this a supercar. I

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Speaker 2: would call this the McLaren seven fifty s.

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Speaker 1: All right, So you spent some time, some seat time

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Speaker 1: in that and it's gorgeous. Yeah, I'm interested to learn

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Speaker 1: what the color is called because it looked I couldn't

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Speaker 1: tell if it was gray or blue, but I love it.

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Speaker 1: Er wink, there you go. So we'll talk about that

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Speaker 1: and then this rivalry. You've written a story for Bloomberg

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Speaker 1: Pursuits about a rivalry in the collector car like the

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Speaker 1: high end auction market, right, and Amelia Island is one

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Speaker 1: of those that I always think about as the top events.

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Speaker 1: So we'll get into all of that stuff. I do

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Speaker 1: want to point out that we have been talking about

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Speaker 1: the emails listeners are sending in, and we read all

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Speaker 1: all of these emails and respond to all of them

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Speaker 1: as well, So we're really happy to get more suggestions

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Speaker 1: from you, questions from you. The email address is.

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Speaker 2: The email address is Hot Pursuit at Bloomberg dot net.

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Speaker 1: Yeah, definitely, right in because I also get a lot

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Speaker 1: of intel from these, like it's helped me a lot

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Speaker 1: in my search for a car, which is being delivered

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Speaker 1: as we speak. Plus I'm really looking deeper and deeper

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Speaker 1: into the sort of disappointment of evs. And somebody recommended

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Speaker 1: a Harry Metcalf piece that I watched, which I got

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Speaker 1: a lot of interesting stuff from. Please shoot us an

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Speaker 1: email hot pursuit at Bloomberg dot net. Let's kick it

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Speaker 1: off though. With the cyber truck, I saw I think

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Speaker 1: a video or a reel they're called an instagram now

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Speaker 1: of you trying to park it somewhere. Yes, successfully, not

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Speaker 1: that it was too hard, but no.

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Speaker 2: You know, I have to say the goal with this

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Speaker 2: loan was just to see how it behaves in normal

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Speaker 2: daily environment. I didn't want to take it, you know,

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Speaker 2: off on some grand off roading tour. I wanted to

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Speaker 2: just drive it around town and see see how it was.

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Speaker 1: And so tell tell us first how you got it, Like, so, okay,

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Speaker 1: is it brand new? How many miles are on it?

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Speaker 1: Who gave it? Who rented it to you? Like, what's

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Speaker 1: the deal?

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Speaker 2: James v rented it to me on tourow. This is

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Speaker 2: actually anyone can anyone, any of you listening can do this.

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Speaker 2: There's a link that will be in my coverage which

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Speaker 2: goes live on Tuesday. And I rented it literally off

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Speaker 2: of Touro. James v is the guy who owns it.

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Speaker 2: He had put down a deposit on the truck literally

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Speaker 2: during the presentation in twenty nineteen, so he has been

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Speaker 2: waiting a long time. And this was the all wheel

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Speaker 2: drive version, not the cyber Beast version, which is not

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Speaker 2: yet out yet. But this version, Uh, he said, I

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Speaker 2: was his first rental, so no pressure. I really didn't

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Speaker 2: want to get anything.

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Speaker 1: You know, how new, how new? How many miles did

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Speaker 1: he have it on already?

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Speaker 2: You know what? That's a good question. I don't know,

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Speaker 2: all right.

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Speaker 1: So but the all wheel drive version, is that the yes,

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Speaker 1: the top of the line that you can get right now.

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Speaker 2: Currently, Yes, that that is sort of the foundational version

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Speaker 2: that you can get. You know, it's still promises three

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Speaker 2: hundred and twenty miles of range. I think that was

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Speaker 2: probably closer in real world driving to maybe two hundred

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Speaker 2: and fifty. And it's a little bit slower than the

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Speaker 2: Cyberbeast was zero to sixty in about four seconds. So

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Speaker 2: it's still it's yeah, it's still lightning fast. And the

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Speaker 2: great thing about this rental was James actually delivered the

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Speaker 2: truck to meet at ten am on a Friday morning

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Speaker 2: and then picked it up at ten am on a

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Speaker 2: Saturday morning. The rental cost a little over one thousand dollars,

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Speaker 2: so for anybody, yes, and you know what, James, the

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Speaker 2: owner was a really nice guy. He said he had

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Speaker 2: a new upcoming rental. Someone rented it for ten days

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Speaker 2: for fourteen thousand dollars, so it's it's really popular. Yeah,

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Speaker 2: it's crazy, it's crazy.

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Speaker 1: But guy's going to make a profit.

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Speaker 2: He's going to make a profit. Obviously he doesn't get

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Speaker 2: all that money, but yeah, he and he said once

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Speaker 2: he he gets ten rentals under his belt, he can

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Speaker 2: up the rates for renting it. So he's he's and

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Speaker 2: another thing, he's got two more cyber trucks on order.

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Speaker 2: So this is going to be it's a.

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Speaker 1: Business for this guy. It's a profit deal.

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Speaker 2: Yeah. Yeah, yeah, so really fascinating and a lot of

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Speaker 2: people when I was driving the truck asked how did

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Speaker 2: you get this? Where did you get it? And yeah,

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Speaker 2: it's just Turo. So thanks Turo. Good job on that.

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Speaker 2: To answer your question about the real Matt, that reel

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Speaker 2: was actually that valet at Chateau Marmont parking the car,

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Speaker 2: because one of the things we wanted to do for

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Speaker 2: the test is hey throw the keys to the valet

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Speaker 2: and see how they react just jumping in with no

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Speaker 2: exposure at all and trying to park the thing. And

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Speaker 2: I have to give a big credit to Ray at

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Speaker 2: the chateau. He's actually worked as the valet there since

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Speaker 2: nineteen eighty six, so he's seen, goodness everything and he

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Speaker 2: did not bat an eye. And the turning radius, as

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Speaker 2: we found out in that reel on the cyber truck,

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Speaker 2: is great. It has that some of that rear wheel

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Speaker 2: steering that really helps maneuver it into tight spots. So yeah,

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Speaker 2: that's that's the real that you were talking about.

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Speaker 1: How big is it? I mean, like I'm used to,

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Speaker 1: I guess f one to fifty size trucks are the norm,

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Speaker 1: and obviously they're much bigger now than they were in

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Speaker 1: nineteen eighty six. Is the cyber truck around that size

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Speaker 1: is big or smaller?

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Speaker 2: What's it's around that size? To me, it feels wider inside,

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Speaker 2: But I actually think that's because it's more spacious inside.

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Speaker 2: I would say outside dimensions are roughly that of like

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Speaker 2: an F two fifty. It's it's Yes, it's big, but

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Speaker 2: it's not as big as like, for instance, the electric hummer.

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Speaker 2: We've got a Chevy van that we drive around to

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Speaker 2: flea market and stuff. It's not as big as a

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Speaker 2: Chevy van, really cargo van. Yeah. So it's big, but

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Speaker 2: it doesn't feel unusable. And I have to say I

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Speaker 2: found that the visibility was decent. The maneuverability of it,

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Speaker 2: especially thanks again to that steering apparatus, was really quite surprising.

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Speaker 1: Is that optional or is it standard?

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Speaker 2: I believe it's standard, Yeah, on this variant, which is

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Speaker 2: sort of their all wheel drive variant. Yeah.

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Speaker 1: So it sounds like you kind of you didn't hate

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Speaker 1: driving it.

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Speaker 2: Yeah, So I have to say, of course I was

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Speaker 2: really curious going in. I'm not personally I would not

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Speaker 2: buy one, I don't think because it's not my aesthetic,

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Speaker 2: and you know it's not my aesthetic, but it is

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Speaker 2: a lot of people's aesthetic. And I have never in

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Speaker 2: my twenty years of reviewing cars, had as much excitement,

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Speaker 2: all of it positive, as I have had with people

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Speaker 2: reacting to the cyber truck. I mean, I was a

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Speaker 2: little bit worried at some points because people were running

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Speaker 2: out into the street to take photos of it, and

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Speaker 2: it all was very positive and people were smiling and happy,

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Speaker 2: and you know that, honestly, that's very nice to see.

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Speaker 2: It's just nice to be in something that causes some

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Speaker 2: sort of emotional reaction and exactly, you know, there's there's

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Speaker 2: so much ubiquitous appliance like stuff on the road, and honestly,

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Speaker 2: it's just nice that, Okay, this is different, this causes

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Speaker 2: a reaction.

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Speaker 1: I wonder if that's partly because you're in La. You're

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Speaker 1: in the land of Tesla's right, because in other places

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Speaker 1: where it snowed, For instance, somebody got a Tesla stuck

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Speaker 1: in the snow, which obviously has nothing to do with

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Speaker 1: the cyber truck. It's all about the tires. But like

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Speaker 1: sixteen people were taking videos of it and they put

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Speaker 1: it on you know, Instagram reels and yes, and they

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Speaker 1: were kind of making fun of it in the sense that, oh,

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Speaker 1: this cyber truck can't even get through up a hill

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Speaker 1: in the snow, which is stupid. But I imagine California you're

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Speaker 1: gonna have a much more positive reaction.

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Speaker 2: Yeah, definitely, And I will say the hate is definitely

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Speaker 2: real online. You know, when I posted a photo. When

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Speaker 2: I posted that reel on my Instagram account Hannah Elliott XO,

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Speaker 2: it got plenty of hate. I mean, people don't like it,

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Speaker 2: and obviously that's fair. I personally probably wouldn't buy one myself.

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Speaker 2: But in the real world in Los Angeles, people love it.

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Speaker 2: I mean they wanted to talk about it, like from

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Speaker 2: all walks of life, all ages, all demographics. It was

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Speaker 2: a very nice thing to see, I would say, And

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Speaker 2: to that point, I would also say, if you're not

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Speaker 2: feeling especially friendly or chatty, don't drive the cyber truck

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Speaker 2: that day, because people are going going to want to

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Speaker 2: talk to you about it.

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Speaker 1: I think it looks cool and looks like a stainless

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Speaker 1: steal kind of a Dolorean truck, if you will. And

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Speaker 1: I've always liked just that finish on metal. What about

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Speaker 1: the functionality, like, did you I'm surprised that the visibility

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Speaker 1: was decent because it looks like it would have difficult visibility.

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Speaker 1: So how was getting in and out of it? Putting

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Speaker 1: stuff in? Like other people? Like, how how did it work?

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Speaker 2: That's a great question. I have to say. The visibility

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Speaker 2: issue is overcome in large part by cameras. So if

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Speaker 2: you're somebody who doesn't like cameras, you know you won't

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Speaker 2: like it. For instance, when the rear is shut, you know,

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Speaker 2: there's a there's like a roller top that shuts over

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Speaker 2: the rear part of the pickup bed that locks it in.

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Speaker 2: When that's shut, you can't see behind you. You have

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Speaker 2: to rely on a camera. You can't use the rear

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Speaker 2: view mirror to look behind you. It's blocked. But in

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Speaker 2: terms of getting in and out, it's not so tall

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Speaker 2: that it's awkward. You know, I've been in in vehicles,

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Speaker 2: even some you know, like the Mercedes g Wagon four

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Speaker 2: by four squared that is really a huge step up

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Speaker 2: to get in, even for me and I'm tall. The

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Speaker 2: cyber truck wasn't like that. It does feel carefully thought out.

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Speaker 2: I would say again, you know, I'm surprised to tell

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Speaker 2: you this, but that's the truths too.

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Speaker 1: I mean, I'm glad yeah to.

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Speaker 2: Your point, though, I think a big question is how

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Speaker 2: is it going to wear over the long term. And

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Speaker 2: you brought up the stainless steal body. I mean that

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Speaker 2: is a magnet for smudges and fingerprints and every little thing.

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Speaker 2: You know, James the guy who rented it to me

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Speaker 2: was you know, doing the lick your thumb and try

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Speaker 2: to wipe off smudges and it just made it completely worse.

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Speaker 2: So there, you know, there's smudgels all over the thing.

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Speaker 2: I've read you know, uh, threads online about how it's corroding.

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Speaker 2: You know, don't leave it in the rain because it's

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Speaker 2: it's somehow degrading the stainless steel, which seems like an oxymoron.

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Speaker 2: But so yeah, there is some question about how does

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Speaker 2: this wear long term? Yes, so you know, take that

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Speaker 2: with a grain of salt. I guess. You know, certainly

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Speaker 2: the interior of this particular truck did seem to wear

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Speaker 2: pretty well. I actually had the dog in it.

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Speaker 1: But is it is it smooth leather? Where is it swayede?

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Speaker 2: Is it it's smooth leather?

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Speaker 1: Yep?

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Speaker 2: And it was, you know, for twenty four hours. It

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Speaker 2: was resistant to the dog being in there. You know,

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Speaker 2: I took it to home depot that sort of thing.

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Speaker 2: So you know, my irrationale is, hey, this is a truck.

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Speaker 2: It's being sold as a adventure performance rig. So what

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Speaker 2: do you do with the truck? You put a dog

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Speaker 2: in it and you go to home depot.

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Speaker 1: Yeah, So in terms of the cyber truck, are we

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Speaker 1: gonna start I know James is getting two more, but

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Speaker 1: are we gonna start seeing when's the beast come out?

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Speaker 1: I don't know.

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Speaker 2: That's a good question.

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Speaker 1: Are we going to start seeing more than produced? Or

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Speaker 1: is it like a lost leader and so they're not

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Speaker 1: making as many as they can or what's the story?

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Speaker 2: That's a good question. And Tesla has been really quiet

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Speaker 2: on saying how many they've made and delivered and how

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Speaker 2: many they can make. You know, I hesitate to even

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Speaker 2: quote any estimates that Elon has said over the years

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Speaker 2: because it always changes. You know. When they first announced

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Speaker 2: this truck, they said, you know, it'd be about half

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Speaker 2: the price that it is now. So it's a bit

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Speaker 2: of a moving target. But we don't know, we don't know.

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Speaker 2: I think, look you can, I'm I'm looking at the

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Speaker 2: website right now. You can place your order. James doesn't

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Speaker 2: know quite when he's going to get his next two.

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Speaker 2: It's a big question mark. So you know, that's another

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Speaker 2: negative about it. It's really tough to know anything super specific.

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Speaker 1: Well, they're not alone in that, right because it seems

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Speaker 1: like everything's late these days. Even gas trucks like the

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Speaker 1: Range Forge Ranger, you know, is late, and pricing on

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Speaker 1: stuff is much higher than it was supposed to be.

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Speaker 1: I think I was hearing a story about the Equinox

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Speaker 1: was supposed to be about thirty and actually it's going

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Speaker 1: to be more than forty. So that's just everything is

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Speaker 1: so expensive. Yeah, like the Eed nine I drove, you know,

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Speaker 1: my wife was really into it and approving of it,

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Speaker 1: and she said, Hey, how much is this compared to

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Speaker 1: the Mercedes gls that we just bought? And I said,

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Speaker 1: what's much more? Like we drove the GT Line, which

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Speaker 1: is over seventy five thousand dollars. Granted it's a three

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Speaker 1: row suv, and I thought it was a great vehicle,

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Speaker 1: but that's a pretty steep price tag, right for a Kia.

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Speaker 2: Absolutely. I mean my question now to you is did

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Speaker 2: you feel like you were in a luxury vehicle? So, no,

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Speaker 2: Key is not a luxury brand.

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Speaker 1: I really did in some sense, in the sense of functionality,

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Speaker 1: it is luxurious. It does everything that a luxury vehicle does.

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Speaker 1: For example, it's got massaging seats that are wonderful, and

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Speaker 1: even the second row has electric motors that move the seats. Around,

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Speaker 1: so it performs like a luxury vehicle, but it doesn't

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Speaker 1: have the fit and finish necessarily of a luxury vehicle.

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Speaker 1: It's not caked in leather like a Mercedes would be.

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Speaker 1: When I got in the Mercedes EQS, you know, it

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Speaker 1: was like, there's leather as far as the eye can see,

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Speaker 1: and gorgeous leather at that. That's not the case in

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Speaker 1: the Kia. But you don't really need it. Let me

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Speaker 1: just tell you. I really appreciated the vehicle in terms

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Speaker 1: of the functionality of it, in terms of the space,

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Speaker 1: the layout. The steering wheel, which some people have criticized

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Speaker 1: for being squared off and ugly, I thought was fantastic

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Speaker 1: and worked really well. The modes button in the EV

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Speaker 1: nine is right by your thumb. On the first press,

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Speaker 1: it goes into Sport, and that's what you want to

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Speaker 1: be in. The Sport button automatically tightens up the seat

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Speaker 1: bolsters so the seat hugs you and then you're ready

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Speaker 1: to go. It's obviously quick because it's an Evy, so

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Speaker 1: every time I got in, I would push the Sport

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Speaker 1: button right away. The storage is amazing. The infotainment system

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Speaker 1: worked flawlessly and is intuitive. The sound is it's okay,

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Speaker 1: you know it's it's not upgraded, it's not an extra cost.

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Speaker 1: It's a pretty decent sound system. Listen to a lot

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Speaker 1: of Grateful Death with my daughter last week. And it's

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Speaker 1: got a lot of space right now. The seats are

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Speaker 1: oddly shaped, which they kind of jut out in the back,

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Speaker 1: so when you're trying to fit rear facing car seat,

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Speaker 1: you do have to move the front seats forward a

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Speaker 1: little bit to get it in there, at least the

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Speaker 1: ones that I have, but there's still ample room for

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Speaker 1: someone who's at least up to my height, so up

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Speaker 1: to six ' three. The vehicle I think has so

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Speaker 1: much going for it. I would call it a home

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Speaker 1: run for a three row EV, if that's what you

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Speaker 1: want for me. EV really not going to cut it

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Speaker 1: right now, and I think for a lot of people,

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Speaker 1: which is why you're seeing the slowdown and growth, and

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Speaker 1: especially I have great concerns about KIA.

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Speaker 2: I was.

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Speaker 1: I was talking about the Harry Metcalf piece. He's a

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Speaker 1: automotive journalist in the UK and he has a YouTube

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Speaker 1: series and one of our listeners emailed and said, check

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Speaker 1: out his piece on EV's and he references the battery

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Speaker 1: deterioration that these cars experience, and Kia's and Hyundai's. Now,

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Speaker 1: maybe these are the older generation of vehicles because you

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Speaker 1: know they're over three, four or five years, but their

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Speaker 1: batteries degraded quickly, I mean twenty thirty fifty percent degradation

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Speaker 1: in terms of range. Now, all of that depends on

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Speaker 1: the climate that you're in and the way you charge

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Speaker 1: it and the way you use it. But you know,

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Speaker 1: if you ballid concern, it's a huge concern. If you

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Speaker 1: bought a car that had, you know, three hundred miles

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Speaker 1: of range, an ice car, and then after five years

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Speaker 1: it only could go one hundred and fifty miles on

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Speaker 1: a full tank, that would be a real problem.

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Speaker 2: I mean, it's just like a cell phone, to be honest.

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Speaker 2: I mean my cell phone is like, you know, two

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Speaker 2: thirds of the capacity that I used to have battery wise.

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Speaker 1: Well, and I wonder also about the difficulty. First of all,

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Speaker 1: the expense of the battery, I know, is huge, So

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Speaker 1: if you're going to switch out the battery, it's very

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Speaker 1: expensive to get the replacement battery to begin with. But

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Speaker 1: how difficult is it to pull a battery out of

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Speaker 1: an EV and put a new battery in I don't know.

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Speaker 2: I mean, that's a great question. I'm really curious. You know,

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Speaker 2: back to the competitor with Kia. I know that Rivian.

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Speaker 2: You know they would like to say that, well, maybe

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Speaker 2: Kia would like to say that the EV nine could

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Speaker 2: compete against the Rivian for sure.

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Speaker 1: I mean, for sure. The only thing the Rivian has

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Speaker 1: over the EV nine is the amazing power, right because

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Speaker 1: if you get the quad motor, I think it's like

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Speaker 1: eight hundred and fifty horse power in the Rivian. The

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Speaker 1: Kia doesn't reach that high. This is a vehicle. I

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Speaker 1: could easily see people cross shopping with the Rivian and

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Speaker 1: then walking away saying, you know what, the Rivian is

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Speaker 1: just a little bit too expensive.

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Speaker 2: Well yeah, and you know you mentioned you're worried about

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Speaker 2: the company on the on the same token, by the

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Speaker 2: same token, though, Rivian it has laid off ten percent

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Speaker 2: of their salaried workers recently. We just saw that news.

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Speaker 1: And you know, and they're only going to produce like

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Speaker 1: fifty or sixty thousand vehicles this year, which is just

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Speaker 1: what they produced last year. I mean, I mean, so

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Speaker 1: it's a real disappointment.

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Speaker 2: Right in a way, it's like, well, if you are

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Speaker 2: in the market for this size s electric suv, I

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Speaker 2: would almost go with the esablished automaker that has been

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Speaker 2: around for many decades, you know, versus the startup.

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Speaker 1: Yeah. I think if you're looking for a family, an

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Speaker 1: EV for the family, leaving the side the three row issue,

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Speaker 1: I mean, to me, the three row thing, I'd rather

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Speaker 1: have a two row. I need a lot of space

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Speaker 1: in the second row for my kids, but the likelihood

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Speaker 1: of me actually putting somebody in the third row is

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Speaker 1: very low. It's just not a great place to sit,

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Speaker 1: to get into it, to get out of, to be in.

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Speaker 1: So I think the only real competitor to the EV

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Speaker 1: nine is the BMWIX, because that's the only other EV

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Speaker 1: SUV for families, a family oriented vehicle that's been really

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Speaker 1: well executed. I mean, you could argue the E, you

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Speaker 1: could argue the Mercedes EQS, but that's another level higher

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Speaker 1: in terms of luxury.

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Speaker 2: For sure, Yeah, for sure. But my question is for

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Speaker 2: the people who really the families who really do need

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Speaker 2: a third row, they're not gonna the I X won't

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Speaker 2: cut it for them.

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Speaker 1: No, this is your only choice. This is yourn if

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Speaker 1: you need, if you really need a third row, this

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Speaker 1: is your only choice. But if you're if you're looking

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Speaker 1: for just a generic family SUV and you're willing to

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Speaker 1: shell out eighty thousand dollars, it's a little more for

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Speaker 1: the I X.

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Speaker 2: I think until we get the electric escalade.

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Speaker 1: In any case, I was definitely impressed. And I think

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Speaker 1: just Kia, Hyundai, Genesis, they're killing it. Yeah, killing it.

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Speaker 1: And I know that, you know, EV growth is slower

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Speaker 1: than expected, and there's so many disappointments. But if this

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Speaker 1: company continues, you know, to build throughout, obviously there's it's

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Speaker 1: gonna come back. You know, at some point they're going

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Speaker 1: to solve the infrastructure problem. At some point they're gonna

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Speaker 1: solve the affordability problem, and Kia and Hundai and Genesis

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Speaker 1: will have made a huge name for themselves.

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Speaker 2: Right. Do you think electric vehicles are inevitable? Yes, it's

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Speaker 2: just a question of when. Yes, I mean, you know,

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Speaker 2: I don't think they are necessary. A lot of people

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Speaker 2: question manufacturer's lineup. Why are they still putting out so

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Speaker 2: many evs. Haven't we all pivoted to hybrids? But these

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Speaker 2: things were planned three four, five years ago. There's nothing

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Speaker 2: else for them to do. They can't pivot on a dime.

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Speaker 2: These are giant tankers, you know. I actually it's interesting,

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Speaker 2: you know. I was just at the track with McLaren

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Speaker 2: and I did ask them how quickly can you guys pivot?

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Speaker 2: Because you know they're working on hybrid stuff, And that's

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Speaker 2: the question I'm asking everyone these days. How much leeway

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Speaker 2: do you have? How quickly can you pivot? How much

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Speaker 2: are you hedging? Still? And it probably for every automaker.

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Speaker 1: Yeah, definitely easier. I would guess that it's easier for

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Speaker 1: McLaren than it is for general motors, right, absolutely, yes,

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Speaker 1: different beast entirely. That's a great segue into your your drive.

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Speaker 1: So on the one hand, I feel like any McLaren

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Speaker 1: that you drive is going to be amazing. It's hard

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Speaker 1: to disappoint with a three hundred thousand dollars car. I

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Speaker 1: don't know. Tell me the details. How much was this?

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Speaker 2: So this is the seven fifty s. I actually had

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Speaker 2: the spider version. This is basically the continuation of the

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Speaker 2: seven twenty s. So it looks for all intent support,

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Speaker 2: it looks just like a seven twenty. There are some

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Speaker 2: cosmetic cosmetic.

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Speaker 1: Chain all the same to me, Yeah, I will see

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Speaker 1: this is a.

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Speaker 2: That's a big problem with McLaren. Even for me. It's

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Speaker 2: tough to tell them apart, and it's tough to know.

430
00:22:36,880 --> 00:22:39,520
Speaker 2: Wait was that the Wait the six seventy five LT

431
00:22:39,840 --> 00:22:42,000
Speaker 2: does this? And then you know, there are a few

432
00:22:42,040 --> 00:22:44,760
Speaker 2: that we all obviously know, like the Artura Great Car

433
00:22:45,000 --> 00:22:47,600
Speaker 2: GTS Great. Okay, we look at those and we know

434
00:22:48,200 --> 00:22:50,879
Speaker 2: some of the variants and some of the some in

435
00:22:50,960 --> 00:22:56,800
Speaker 2: the supercar Slash GTS slash. Ultimately it gets a little confusing. Anyway,

436
00:22:57,160 --> 00:23:01,560
Speaker 2: seven fifty S this is their seven to twenty S successor.

437
00:23:03,040 --> 00:23:05,400
Speaker 2: The Spider starts at about three hundred and fifty three

438
00:23:05,440 --> 00:23:10,880
Speaker 2: thousand dollars. They you know, they really wanted to emphasize that, yes,

439
00:23:10,960 --> 00:23:14,119
Speaker 2: the performance numbers are slightly improved over the seven twenty,

440
00:23:14,160 --> 00:23:18,200
Speaker 2: but they really were focusing on enhancing driving engagement and

441
00:23:18,320 --> 00:23:22,159
Speaker 2: making it feel more exciting to drive, not just faster.

442
00:23:23,320 --> 00:23:26,800
Speaker 1: Which is important in an age of electric cars. I

443
00:23:26,840 --> 00:23:29,720
Speaker 1: think it doesn't matter as much. You know, obviously you

444
00:23:29,760 --> 00:23:32,120
Speaker 1: don't want to be doing zero to sixty and nine

445
00:23:32,160 --> 00:23:35,520
Speaker 1: point three seconds, correct, but rather three point nine seconds.

446
00:23:35,560 --> 00:23:37,840
Speaker 1: But now they all do that, right, Yeah. I recently

447
00:23:37,840 --> 00:23:41,359
Speaker 1: saw as an aside I recently saw an old Volvo

448
00:23:41,400 --> 00:23:45,960
Speaker 1: AD where they were they were bragging that their turbo

449
00:23:46,400 --> 00:23:48,240
Speaker 1: Uh I think it was a seven to sixty or

450
00:23:48,280 --> 00:23:52,040
Speaker 1: whatever did zero to sixty in nine point three seconds. Nice,

451
00:23:52,200 --> 00:23:52,800
Speaker 1: that was a boat.

452
00:23:52,880 --> 00:23:54,040
Speaker 2: It was the brag back then.

453
00:23:54,119 --> 00:23:55,479
Speaker 1: Yeah.

454
00:23:55,560 --> 00:23:58,160
Speaker 2: I like those little ads, but still make me laugh.

455
00:23:58,200 --> 00:24:02,960
Speaker 1: But so they want to improve the driving experience. Still

456
00:24:03,000 --> 00:24:05,280
Speaker 1: I imagine it's not available with the manual transmission.

457
00:24:05,600 --> 00:24:08,360
Speaker 2: No, no, no it's not. I mean they're big. They

458
00:24:08,400 --> 00:24:12,399
Speaker 2: really emphasized this is lighter. It's more lightweight, and you

459
00:24:12,400 --> 00:24:15,359
Speaker 2: know it's got like thirty more horsepower and you know,

460
00:24:15,960 --> 00:24:19,360
Speaker 2: you know, a marginally more torque, but it's light. It's

461
00:24:19,400 --> 00:24:22,399
Speaker 2: a lighter car. You know, they're saving weight in the seats,

462
00:24:22,400 --> 00:24:27,200
Speaker 2: they're saving weight with the wheels, they're saving weight with

463
00:24:27,320 --> 00:24:33,520
Speaker 2: some of the rear aerodynamic configurations. So yeah, it's engaging.

464
00:24:33,760 --> 00:24:36,440
Speaker 2: I have to say we did. We drove through value

465
00:24:36,440 --> 00:24:39,480
Speaker 2: of the fire, Yeah, value of fire outside Las Vegas,

466
00:24:39,480 --> 00:24:41,520
Speaker 2: and then we drove on the track. But it was raining,

467
00:24:41,960 --> 00:24:46,280
Speaker 2: so the track portion was cut short for safety considerations

468
00:24:46,280 --> 00:24:48,800
Speaker 2: and probably not as aggressive as a as it would

469
00:24:48,800 --> 00:24:52,199
Speaker 2: have been if if it was a dry track. But

470
00:24:52,400 --> 00:24:58,200
Speaker 2: obviously really fun car they've changed the HTMI on the inside,

471
00:24:58,240 --> 00:25:02,879
Speaker 2: and they haven't quite worked out all of the quirks

472
00:25:03,520 --> 00:25:08,040
Speaker 2: with the central computer apparatus. And this has been a

473
00:25:08,080 --> 00:25:10,480
Speaker 2: problem with McLaren that they've had since day one, and

474
00:25:10,480 --> 00:25:13,360
Speaker 2: I don't think they've ironed it out yet. For instance,

475
00:25:13,840 --> 00:25:16,760
Speaker 2: the Bluetooth for a while didn't connect and then just

476
00:25:16,840 --> 00:25:19,160
Speaker 2: dropped when I tried to use it on the drive,

477
00:25:19,680 --> 00:25:22,280
Speaker 2: so that there was something not quite right there. And

478
00:25:22,720 --> 00:25:25,919
Speaker 2: at one point the screen, the center console screen just

479
00:25:26,040 --> 00:25:30,200
Speaker 2: went black and then like rebooted and it had frozen.

480
00:25:30,200 --> 00:25:31,960
Speaker 2: The navigation had frozen a little bit.

481
00:25:32,000 --> 00:25:35,200
Speaker 1: So But was it a production model that you were driving.

482
00:25:35,720 --> 00:25:37,560
Speaker 2: As far as I know, I guess I'd have to

483
00:25:37,600 --> 00:25:40,280
Speaker 2: ask them specifically, but I was never told it's a

484
00:25:40,280 --> 00:25:42,560
Speaker 2: prototype or a PREKINDUCT.

485
00:25:42,000 --> 00:25:44,679
Speaker 1: Believe that people still have problems. Manufacturers still have problems

486
00:25:44,680 --> 00:25:48,680
Speaker 1: with this stuff. Even GM has had real problems with that. Yeah,

487
00:25:48,720 --> 00:25:49,479
Speaker 1: in the Blazer.

488
00:25:49,480 --> 00:25:52,800
Speaker 2: At least, it's certainly not only McLaren. Obviously, you're right

489
00:25:52,800 --> 00:25:54,879
Speaker 2: it GM has had problems with that. And I remember,

490
00:25:55,080 --> 00:25:57,240
Speaker 2: speaking of Cadillac when I drove the Lyric, there were

491
00:25:57,280 --> 00:26:02,680
Speaker 2: some weird quirks in there in their entertainment system as well.

492
00:26:02,760 --> 00:26:06,600
Speaker 2: So I think, obviously it's really hard, it's really hard

493
00:26:06,600 --> 00:26:08,359
Speaker 2: to get right interesting.

494
00:26:08,520 --> 00:26:12,080
Speaker 1: So I'm looking at the McLaren website and I don't

495
00:26:12,160 --> 00:26:14,560
Speaker 1: foresee myself ever driving a McLaren. I don't even know

496
00:26:14,560 --> 00:26:15,720
Speaker 1: how you get ahold of one of those.

497
00:26:15,960 --> 00:26:17,280
Speaker 2: Have you driven one ever?

498
00:26:17,640 --> 00:26:17,840
Speaker 1: No?

499
00:26:18,800 --> 00:26:22,680
Speaker 2: You know, they're they're on paper, they're really perfect. They're

500
00:26:22,840 --> 00:26:26,879
Speaker 2: they're kind of a perfect driving car, and they're so

501
00:26:27,080 --> 00:26:30,439
Speaker 2: track oriented, which I think is why McLaren sort of

502
00:26:30,480 --> 00:26:34,880
Speaker 2: gets away with having less than luxury interiors sometimes because

503
00:26:34,880 --> 00:26:36,960
Speaker 2: they say, well, we're track focused, we're track cars. We're

504
00:26:37,000 --> 00:26:39,600
Speaker 2: not trying to be a luxury car. But I do

505
00:26:39,720 --> 00:26:41,960
Speaker 2: think for the price of three and fifty thousand dollars,

506
00:26:42,119 --> 00:26:44,000
Speaker 2: you should feel special.

507
00:26:44,160 --> 00:26:47,080
Speaker 1: For three fifty it better have doors that open like this, right,

508
00:26:47,200 --> 00:26:48,879
Speaker 1: Well does it have doors that open like this? Yes?

509
00:26:48,960 --> 00:26:52,520
Speaker 2: Yes, oh yes, yes. For everyone listening, he's raising his

510
00:26:52,640 --> 00:26:53,560
Speaker 2: arms like, oh they know.

511
00:26:53,960 --> 00:26:56,240
Speaker 1: Yeah, they see in Silicon Valley.

512
00:26:56,480 --> 00:26:59,160
Speaker 2: Yeah. I think with McLaren, though, just on a final note,

513
00:26:59,200 --> 00:27:01,159
Speaker 2: is you know, sometimes it's hard for me to connect

514
00:27:01,240 --> 00:27:05,719
Speaker 2: on an emotional level, even though they're really beautifully driving

515
00:27:05,800 --> 00:27:09,520
Speaker 2: track cars to seem clinical. They're extremely clinical and a

516
00:27:09,520 --> 00:27:13,040
Speaker 2: lot of people like that, very very clinical, but you

517
00:27:13,040 --> 00:27:13,920
Speaker 2: know some people don't.

518
00:27:14,600 --> 00:27:16,320
Speaker 1: Yeah, it wouldn't be for me. Like if I had

519
00:27:16,320 --> 00:27:18,680
Speaker 1: three hundred and fifty grand and I had to spend

520
00:27:18,720 --> 00:27:21,480
Speaker 1: it on a car, it definitely wouldn't be a McLaren.

521
00:27:21,640 --> 00:27:23,000
Speaker 1: No offense to people who.

522
00:27:22,800 --> 00:27:24,760
Speaker 2: Do like them, Yeah, there are a lot of people

523
00:27:24,760 --> 00:27:25,040
Speaker 2: who do.

524
00:27:25,920 --> 00:27:28,360
Speaker 1: And maybe I also live in the wrong place. I'm

525
00:27:28,400 --> 00:27:31,199
Speaker 1: in the wrong stage in my life. It just wouldn't

526
00:27:31,200 --> 00:27:35,399
Speaker 1: make any sense. But they're nice to look at and

527
00:27:35,440 --> 00:27:37,880
Speaker 1: see occasionally. You don't really see them very often, which

528
00:27:37,920 --> 00:27:40,760
Speaker 1: is a huge bonus, right compared to I feel like

529
00:27:40,800 --> 00:27:44,080
Speaker 1: I see more Ferraris and Lamborghinis by a long shot

530
00:27:44,240 --> 00:27:46,159
Speaker 1: around here than I do McLaren's.

531
00:27:45,880 --> 00:27:48,479
Speaker 2: Definitely, and that is something we talked about on this

532
00:27:48,600 --> 00:27:52,560
Speaker 2: launch that some of them, really high end Porschas are

533
00:27:52,640 --> 00:27:57,480
Speaker 2: sort of approaching sort of a base McLaren price point.

534
00:27:58,040 --> 00:28:01,240
Speaker 2: And if you're going to spend call it like two

535
00:28:01,359 --> 00:28:04,480
Speaker 2: hundred and fifty thousand, and you can buy one a

536
00:28:04,560 --> 00:28:07,320
Speaker 2: McLaren or a Porsche, the McLaren's going to look like

537
00:28:07,320 --> 00:28:09,720
Speaker 2: a supercar. The Porsche, unless you really know what you're

538
00:28:09,720 --> 00:28:12,439
Speaker 2: looking at, is going to look like a sports car too.

539
00:28:12,280 --> 00:28:14,000
Speaker 1: But I'd rather have the sport I'd rather have the

540
00:28:14,040 --> 00:28:17,760
Speaker 1: Porsche than the McLaren and save the money for gas.

541
00:28:17,960 --> 00:28:18,959
Speaker 2: There, well, there you go.

542
00:28:19,320 --> 00:28:21,480
Speaker 1: Well, I mean, what would you take an ST or

543
00:28:21,520 --> 00:28:24,640
Speaker 1: a seven to fifty seven fifty s.

544
00:28:24,680 --> 00:28:26,760
Speaker 2: It's been noted on the record that I really love

545
00:28:26,840 --> 00:28:30,040
Speaker 2: the ST so like, I really like that car, So

546
00:28:30,080 --> 00:28:30,960
Speaker 2: I would take the ST.

547
00:28:31,320 --> 00:28:34,440
Speaker 1: So let me ask you this if if it wasn't

548
00:28:34,440 --> 00:28:36,240
Speaker 1: about the money. But I say, listen, I'm gonna give

549
00:28:36,240 --> 00:28:38,520
Speaker 1: you one of these cars and it's not for resale.

550
00:28:39,560 --> 00:28:43,360
Speaker 1: Would you rather have a nine to eleven turbo or

551
00:28:43,400 --> 00:28:45,600
Speaker 1: a McLaren seven to fifty s oh nine nine to

552
00:28:45,600 --> 00:28:46,160
Speaker 1: two turbo?

553
00:28:46,640 --> 00:28:50,840
Speaker 2: And again you know this this half the price. Yeah,

554
00:28:50,880 --> 00:28:55,400
Speaker 2: it's way more functional on every level. And I think

555
00:28:55,480 --> 00:28:58,360
Speaker 2: when that came out, was it two years ago? That

556
00:28:58,520 --> 00:29:00,680
Speaker 2: was my favorite car I drove ally. It's a Swiss

557
00:29:00,720 --> 00:29:04,520
Speaker 2: army knife. It just does everything really well, and it

558
00:29:04,600 --> 00:29:08,960
Speaker 2: has the X factor of engaging. It really engages you.

559
00:29:08,960 --> 00:29:12,600
Speaker 2: You feel excited to drive it. I actually like that.

560
00:29:12,680 --> 00:29:16,080
Speaker 2: It's a little bit you know, it can blend in.

561
00:29:16,400 --> 00:29:19,000
Speaker 2: I don't really want something that screams look at me

562
00:29:19,280 --> 00:29:21,520
Speaker 2: all the time in fact, most of the time, I don't,

563
00:29:22,360 --> 00:29:25,480
Speaker 2: so I like that. But you know, some people do

564
00:29:25,560 --> 00:29:28,080
Speaker 2: want something that looks really unusual and right, and that's

565
00:29:28,120 --> 00:29:31,000
Speaker 2: what's super exotic, and so that's why you get that.

566
00:29:31,080 --> 00:29:33,440
Speaker 1: They're serving that niche. And I mean, if you have

567
00:29:33,480 --> 00:29:36,800
Speaker 1: a McLaren you probably are adding the tenth or eleventh

568
00:29:36,840 --> 00:29:40,240
Speaker 1: car to your collection. Absolutely, But the bottom line is

569
00:29:40,280 --> 00:29:44,440
Speaker 1: for most people, for you and me, if money wasn't

570
00:29:44,440 --> 00:29:47,760
Speaker 1: an issue, we would take a Carrera Tea over a

571
00:29:47,800 --> 00:29:49,400
Speaker 1: seven fifty s, right.

572
00:29:50,320 --> 00:29:52,960
Speaker 2: It's more drivable on a daily basis. Yeah, And I

573
00:29:53,040 --> 00:29:55,440
Speaker 2: have to say, you know, in the seven fifty s too,

574
00:29:55,480 --> 00:29:57,240
Speaker 2: I noticed a lot of the other guys on this

575
00:29:57,360 --> 00:30:00,440
Speaker 2: was a group press drive. They were struggling to get

576
00:30:00,480 --> 00:30:02,920
Speaker 2: in and out of it, you know, moving the seat back,

577
00:30:03,040 --> 00:30:06,720
Speaker 2: sort of ducking underneath the wing door opening up. It's

578
00:30:06,840 --> 00:30:10,000
Speaker 2: a little awkward, it's low. You really got to move

579
00:30:10,000 --> 00:30:11,960
Speaker 2: the steering wheel, and you know, if you've got any

580
00:30:11,960 --> 00:30:16,640
Speaker 2: sort of girth to you, I noticed some struggling. So

581
00:30:16,800 --> 00:30:19,880
Speaker 2: it just was a little it's just not as you

582
00:30:19,920 --> 00:30:23,240
Speaker 2: don't flow into it like you might in other other cars.

583
00:30:23,480 --> 00:30:25,880
Speaker 1: On bring a trailer, there was a g T forty

584
00:30:25,960 --> 00:30:30,800
Speaker 1: replica that sold for like three hundred and fifty grand,

585
00:30:30,880 --> 00:30:32,520
Speaker 1: and I was thinking, that looks so cool, but I

586
00:30:32,560 --> 00:30:34,720
Speaker 1: noticed it has the removable steering wheel.

587
00:30:34,960 --> 00:30:37,240
Speaker 2: Yeah, you know, and that means that means it's impossible

588
00:30:37,280 --> 00:30:39,440
Speaker 2: to get in and out of Yeah, your knees.

589
00:30:39,560 --> 00:30:41,960
Speaker 1: That's the kind of thing you could buy at Amelia Island.

590
00:30:42,760 --> 00:30:46,600
Speaker 2: Yes, and to me, the original ones.

591
00:30:46,520 --> 00:30:48,840
Speaker 1: As someone who knows very little about the collector car

592
00:30:48,880 --> 00:30:51,880
Speaker 1: world and you know, the auctions, I put Amelia Island

593
00:30:52,000 --> 00:30:54,560
Speaker 1: up there with, you know, the best of the best

594
00:30:55,040 --> 00:30:58,040
Speaker 1: in terms of the auctions. But I have heard a

595
00:30:58,080 --> 00:31:01,200
Speaker 1: lot from collector people, not just from you, but others

596
00:31:01,560 --> 00:31:05,600
Speaker 1: who say, there's a there's a rumble bruin in terms.

597
00:31:05,280 --> 00:31:06,680
Speaker 2: Of the rumble in the jungle.

598
00:31:06,800 --> 00:31:07,920
Speaker 1: So what's happening down there?

599
00:31:08,800 --> 00:31:11,480
Speaker 2: You know, it's really interesting because this is such an

600
00:31:11,520 --> 00:31:17,280
Speaker 2: obscure world, but the personalities involved and the stakes involved

601
00:31:17,280 --> 00:31:20,520
Speaker 2: with how much money is to be made are big.

602
00:31:21,160 --> 00:31:23,720
Speaker 2: And so you're right, Amelia Island is one of the

603
00:31:23,760 --> 00:31:28,440
Speaker 2: few sort of recognized jewel level concourse that happen you.

604
00:31:28,480 --> 00:31:31,560
Speaker 2: Pebble Beach Villadeste might be another one that you've heard of.

605
00:31:31,720 --> 00:31:35,960
Speaker 2: And these are really where these blue chip vehicles are

606
00:31:36,120 --> 00:31:39,120
Speaker 2: shown on a golf course and there are always auctions

607
00:31:39,160 --> 00:31:42,560
Speaker 2: associated around around the car shown, and they're really celebrations

608
00:31:42,600 --> 00:31:46,760
Speaker 2: of of this really beautiful you know, old Ferraris, old

609
00:31:47,240 --> 00:31:53,040
Speaker 2: Packards and old Mercedes and these really beautiful cars. And Haggardy,

610
00:31:53,360 --> 00:31:55,360
Speaker 2: which is the insurance company and now sort of a

611
00:31:55,400 --> 00:31:58,800
Speaker 2: lifestyle brand, owns Amelia Island now and runs it. And

612
00:31:59,800 --> 00:32:03,200
Speaker 2: you know, when they bought Amelia Island, they installed their

613
00:32:03,240 --> 00:32:06,440
Speaker 2: own auction house into the on site as the on

614
00:32:06,560 --> 00:32:10,280
Speaker 2: site auction house it's called Broad Arrow, effectively kicking out

615
00:32:11,160 --> 00:32:15,120
Speaker 2: arm Southeby's, which had occupied that on site sort of

616
00:32:15,320 --> 00:32:19,440
Speaker 2: you know, special spot at Amelia Island to hold their auction.

617
00:32:19,960 --> 00:32:23,320
Speaker 2: And the person that owns arm Southeby's is Rob Myers,

618
00:32:23,760 --> 00:32:28,400
Speaker 2: and he really has a reputation as a very ferocious

619
00:32:28,520 --> 00:32:34,800
Speaker 2: business person and very shrewd smart guy. And you know

620
00:32:35,560 --> 00:32:37,880
Speaker 2: he so he held his auction off site. The next

621
00:32:37,920 --> 00:32:40,640
Speaker 2: year he spent two point seven million dollars holding one

622
00:32:40,680 --> 00:32:43,600
Speaker 2: auction off site at a million Island. And the next

623
00:32:43,680 --> 00:32:47,320
Speaker 2: year after that he thought, you know what, I'm going

624
00:32:47,400 --> 00:32:49,920
Speaker 2: to compete and I'm going to do my own concore

625
00:32:50,280 --> 00:32:52,520
Speaker 2: and I'm going to have my own auction down in

626
00:32:52,600 --> 00:32:56,480
Speaker 2: Miami or Coral Gables. So this year arm Southeby's is

627
00:32:56,520 --> 00:32:59,880
Speaker 2: holding their own concoor a auction and at the Biltmore

628
00:33:00,080 --> 00:33:02,400
Speaker 2: Coral Gables, and the whole thing is set up as

629
00:33:02,680 --> 00:33:06,880
Speaker 2: a competitor to Amelia Island. And you know Amelia Islands.

630
00:33:07,040 --> 00:33:11,760
Speaker 2: It's about forty five minutes from Jacksonville. It's a very sleepy, beachy, quiet,

631
00:33:12,440 --> 00:33:17,320
Speaker 2: very staid, traditional type feel concre Now Miami, this new

632
00:33:17,400 --> 00:33:20,680
Speaker 2: concore that Rob Myers has come up with. We've got

633
00:33:20,720 --> 00:33:25,240
Speaker 2: a carbone pop up with like thousand dollars per sist dinners.

634
00:33:25,280 --> 00:33:30,400
Speaker 2: We've got a Cosatua connection. He's hired some pretty powerful

635
00:33:30,440 --> 00:33:34,600
Speaker 2: players to help him set up this flashy, glitzy concore

636
00:33:34,720 --> 00:33:38,280
Speaker 2: that will have you know, a more supercars, more late

637
00:33:38,360 --> 00:33:41,960
Speaker 2: model Ferraris and Lamborghinis, and it's feeling a lot younger

638
00:33:42,080 --> 00:33:46,800
Speaker 2: and just in general more Miami. So it will be

639
00:33:46,880 --> 00:33:48,640
Speaker 2: really interesting to see the two.

640
00:33:49,000 --> 00:33:53,440
Speaker 1: It's interesting. So I don't know very many people who

641
00:33:53,520 --> 00:33:55,600
Speaker 1: run in this world, but I know a few who

642
00:33:55,680 --> 00:33:59,600
Speaker 1: do buy, you know, million dollar cars on a multi

643
00:33:59,640 --> 00:34:04,840
Speaker 1: millions and for them, on the one hand, it's kind

644
00:34:04,840 --> 00:34:09,160
Speaker 1: of about the the auction house. Sure, they know Rob,

645
00:34:09,320 --> 00:34:16,399
Speaker 1: they know Mkkeel, and so they will decide based on that,

646
00:34:16,560 --> 00:34:20,319
Speaker 1: probably partially. On the other hand, it's kind of like

647
00:34:20,440 --> 00:34:23,520
Speaker 1: how all of Wall Street moved to Palm Beach a

648
00:34:23,520 --> 00:34:28,040
Speaker 1: few years ago, even those who didn't really want to.

649
00:34:28,239 --> 00:34:31,600
Speaker 1: All their friends and all their restaurants were going down there,

650
00:34:31,680 --> 00:34:34,400
Speaker 1: so they just moved as a pack. And I wonder

651
00:34:34,440 --> 00:34:37,680
Speaker 1: if the same thing will happen with the auction. You know,

652
00:34:38,080 --> 00:34:41,960
Speaker 1: are the uber wealthy collector car crew. Are they going

653
00:34:42,040 --> 00:34:45,600
Speaker 1: to go to Miami with arm Sotheby's or are they

654
00:34:45,600 --> 00:34:49,120
Speaker 1: going to stay at Emilia Island with Haggerty. How do

655
00:34:49,160 --> 00:34:50,440
Speaker 1: you see that turning out.

656
00:34:50,680 --> 00:34:54,120
Speaker 2: That's a really good question, and I guess we'll know

657
00:34:54,239 --> 00:34:56,600
Speaker 2: the answer to that in a couple of weeks time.

658
00:34:57,600 --> 00:35:01,399
Speaker 2: I have spoken with David Gooding, who also is going

659
00:35:01,440 --> 00:35:04,279
Speaker 2: to have an auction at Amelia Island as well, and

660
00:35:04,320 --> 00:35:07,759
Speaker 2: he says that they've had great consignments. It's taken a

661
00:35:07,800 --> 00:35:10,359
Speaker 2: lot of work, but their quality of cars this year,

662
00:35:11,120 --> 00:35:14,279
Speaker 2: of the people who choose to sell their car and

663
00:35:14,320 --> 00:35:15,920
Speaker 2: to show the car on the auction field have been

664
00:35:16,000 --> 00:35:19,480
Speaker 2: better than ever, he says. So it's a really interesting

665
00:35:20,080 --> 00:35:23,480
Speaker 2: question and I don't know. You know, at stake are

666
00:35:24,080 --> 00:35:27,600
Speaker 2: the buyer and seller. Premiums are at these auctions really

667
00:35:27,640 --> 00:35:31,480
Speaker 2: because you know, those tend to be ten to twelve percent,

668
00:35:32,160 --> 00:35:35,440
Speaker 2: and when you're selling a car that's ten or twelve

669
00:35:35,480 --> 00:35:38,080
Speaker 2: or fourteen million dollars, that ends up being quite a

670
00:35:38,080 --> 00:35:39,960
Speaker 2: lot of money. So there's a lot of money to

671
00:35:40,000 --> 00:35:44,280
Speaker 2: be made. And you're right, it's kind of about loyalty sometimes.

672
00:35:44,560 --> 00:35:47,120
Speaker 2: You know, people feel loyal to mkhil Haggerty, who's been

673
00:35:47,120 --> 00:35:50,960
Speaker 2: around forever and is very well liked and respected. People

674
00:35:51,040 --> 00:35:54,240
Speaker 2: might feel loyal to David Gooding. A lot of people

675
00:35:54,280 --> 00:35:57,359
Speaker 2: feel loyal to Rob as well, you know, And of

676
00:35:57,400 --> 00:36:00,560
Speaker 2: course within these auction houses, they'll make their own deals

677
00:36:00,800 --> 00:36:04,799
Speaker 2: where maybe they'll waive a premium or they'll reduce the

678
00:36:04,840 --> 00:36:09,160
Speaker 2: fee in order to get people to come to their side.

679
00:36:09,640 --> 00:36:13,680
Speaker 2: So it will be really interesting. I'll actually be in Miami.

680
00:36:13,960 --> 00:36:18,080
Speaker 2: I've gone to Amelia for many years, love that show,

681
00:36:18,800 --> 00:36:21,919
Speaker 2: and now I will go to Miami just to it's

682
00:36:22,040 --> 00:36:23,800
Speaker 2: the new thing. Let's see how it goes.

683
00:36:23,920 --> 00:36:26,200
Speaker 1: And you want to eat at Carbone.

684
00:36:26,040 --> 00:36:27,960
Speaker 2: Yes, of course, I mean I like spaghetti.

685
00:36:28,120 --> 00:36:30,759
Speaker 1: I saw your your story, which I guess is going

686
00:36:30,800 --> 00:36:31,640
Speaker 1: to go in Business Week.

687
00:36:31,760 --> 00:36:34,400
Speaker 2: Yeah, it'll be in Business Week on newsstands next week

688
00:36:34,440 --> 00:36:37,520
Speaker 2: and it's going live online this weekend.

689
00:36:37,680 --> 00:36:40,719
Speaker 1: Well, I was looking at the at the illustrations, and

690
00:36:40,760 --> 00:36:43,879
Speaker 1: I don't know if you picked these or the editor did,

691
00:36:43,880 --> 00:36:49,560
Speaker 1: but so mode Miami has a nineteen seventy six Lamborghini Countash,

692
00:36:50,440 --> 00:36:55,320
Speaker 1: the Periscope one, a nineteen ninety Ferrari forty and a

693
00:36:55,400 --> 00:36:59,440
Speaker 1: nineteen ninety Mercedes Benz five sixty sec AMG the six point.

694
00:37:00,200 --> 00:37:02,640
Speaker 2: Which I love. I think are so cool.

695
00:37:02,760 --> 00:37:05,520
Speaker 1: I love them, But if I look at the Amelia Island,

696
00:37:05,640 --> 00:37:09,840
Speaker 1: it's much more old school. Yes, old money, you know. Yes,

697
00:37:09,920 --> 00:37:15,600
Speaker 1: nineteen fifty nine Portia seven eighteen RSK Spider, nineteen seventy

698
00:37:15,600 --> 00:37:20,239
Speaker 1: three Ferrari three sixty five GTB for Daytona Spider, yeah,

699
00:37:20,239 --> 00:37:24,800
Speaker 1: which is like the Miami Vice Car and nineteen fifty

700
00:37:24,840 --> 00:37:28,879
Speaker 1: seven Mercedes Benz three hundred SL Roadster. Those I'd rather

701
00:37:28,920 --> 00:37:32,880
Speaker 1: have those cars. I gotta say, maybe that's a two.

702
00:37:32,680 --> 00:37:36,440
Speaker 2: To three million dollar vehicles. Let's not forget. I mean,

703
00:37:36,440 --> 00:37:39,240
Speaker 2: these are like real, these are the blue bloods.

704
00:37:39,480 --> 00:37:42,399
Speaker 1: Well, Amelia Island looks more like the blue blood and

705
00:37:42,480 --> 00:37:44,000
Speaker 1: the classier choice.

706
00:37:44,040 --> 00:37:46,680
Speaker 2: I'm actually surprised to hear you say that, Matt, I

707
00:37:46,920 --> 00:37:50,320
Speaker 2: thought you'd be really into the Mercedes and like these

708
00:37:50,840 --> 00:37:51,800
Speaker 2: like more muscly.

709
00:37:52,480 --> 00:37:56,399
Speaker 1: I mean, obviously the Kuontash and the F forty are

710
00:37:56,440 --> 00:38:00,319
Speaker 1: my era, Yeah, but to me they just don't look

711
00:38:00,440 --> 00:38:03,319
Speaker 1: I would say they just aren't as beautiful as the

712
00:38:03,320 --> 00:38:08,000
Speaker 1: Ferrari and the Portia, the Mercedes. Those are gonna be

713
00:38:08,239 --> 00:38:12,120
Speaker 1: classic cars forever, like the fact that a Kontash is

714
00:38:12,120 --> 00:38:15,279
Speaker 1: gonna go for over a million dollars now shocks me.

715
00:38:15,320 --> 00:38:19,960
Speaker 1: And I know recently they've become much more collectible. Doug

716
00:38:20,000 --> 00:38:25,440
Speaker 1: DeMuro has one, Matt Farra got one. But they gotta

717
00:38:25,480 --> 00:38:30,160
Speaker 1: be horrible to drive, you know, and visibility they had

718
00:38:30,160 --> 00:38:33,160
Speaker 1: to put a periscope on it, and they always look

719
00:38:33,320 --> 00:38:36,319
Speaker 1: like they always look like they're gonna fall apart. Even

720
00:38:36,320 --> 00:38:38,480
Speaker 1: the F forty looks like a piece is gonna fall

721
00:38:38,520 --> 00:38:41,840
Speaker 1: off of it all the time, you know. And whereas

722
00:38:42,320 --> 00:38:46,360
Speaker 1: the Mercedes, the three hundred SL Roadster, it's gonna always

723
00:38:46,360 --> 00:38:48,880
Speaker 1: look beautiful, the same as true of the Spider.

724
00:38:49,160 --> 00:38:53,120
Speaker 2: Yeah. And as a side note, anecdotally, I've done the

725
00:38:53,160 --> 00:38:57,440
Speaker 2: Milli Millia in an SL goal wing and we thrashed

726
00:38:57,520 --> 00:39:01,080
Speaker 2: that thing. Hard for the duration of the thousand plus

727
00:39:01,120 --> 00:39:03,600
Speaker 2: miles every day, day in and day out, and it

728
00:39:03,680 --> 00:39:07,440
Speaker 2: did not skip a beat. And that's really a tribute

729
00:39:07,480 --> 00:39:11,920
Speaker 2: to the craftsmanship of that car. It's it's such an

730
00:39:11,960 --> 00:39:14,600
Speaker 2: old car and you can still really drive it really hard.

731
00:39:15,400 --> 00:39:17,800
Speaker 2: I'm not sure we would have had the same luck

732
00:39:18,400 --> 00:39:21,600
Speaker 2: driving a coon Tosh right over the same distance.

733
00:39:21,680 --> 00:39:24,239
Speaker 1: Well, the older ones, you know, look like they were

734
00:39:24,960 --> 00:39:30,719
Speaker 1: hand beaten, you know, aluminum bodies, and the Coontosh, the

735
00:39:30,760 --> 00:39:33,440
Speaker 1: F forty and the Mercedes, the five six d SEC

736
00:39:34,360 --> 00:39:37,279
Speaker 1: they look like somebody put a fiberglass drag kit on them,

737
00:39:37,560 --> 00:39:37,759
Speaker 1: you know.

738
00:39:38,200 --> 00:39:39,840
Speaker 2: Not that that's a bad thing, no.

739
00:39:39,960 --> 00:39:42,520
Speaker 1: I just I feel like they're not going to age

740
00:39:42,560 --> 00:39:43,400
Speaker 1: nearly as well.

741
00:39:44,120 --> 00:39:47,680
Speaker 2: You know. I should say as a disclaimer, both Amelia

742
00:39:47,719 --> 00:39:51,000
Speaker 2: Island and Moda Miami will have a wide variety of cars,

743
00:39:51,000 --> 00:39:54,360
Speaker 2: so it's not like you know, I saw Modo Miami

744
00:39:54,400 --> 00:39:57,520
Speaker 2: is gonna have one of Fangio's Silver Arrow race cars,

745
00:39:57,520 --> 00:40:00,760
Speaker 2: which is a major yeah, which is it's a huge,

746
00:40:00,840 --> 00:40:03,640
Speaker 2: massive get and that I actually learned about it after

747
00:40:03,680 --> 00:40:05,560
Speaker 2: the story had closed, so it's not in that piece,

748
00:40:05,600 --> 00:40:09,279
Speaker 2: but they did consign that story. It's there. It's you know,

749
00:40:09,719 --> 00:40:12,840
Speaker 2: it's like one of the most significant F one cars ever,

750
00:40:12,920 --> 00:40:15,040
Speaker 2: if not the most, So that's huge. And that's an

751
00:40:15,040 --> 00:40:16,600
Speaker 2: older one too, so I.

752
00:40:16,600 --> 00:40:18,759
Speaker 1: Mean I'd rather have that car than any of their cars.

753
00:40:19,000 --> 00:40:21,360
Speaker 2: I had a feeling by by.

754
00:40:21,200 --> 00:40:23,560
Speaker 1: A long shot. And like when I talk about how

755
00:40:23,600 --> 00:40:27,040
Speaker 1: I like that sort of stainless deal, unfinished, just clear

756
00:40:27,120 --> 00:40:30,239
Speaker 1: coated metal. Look, Yes, that's what I love about the silver.

757
00:40:30,320 --> 00:40:31,200
Speaker 2: Roa's done really well.

758
00:40:31,280 --> 00:40:34,000
Speaker 1: Yes, this is a single seater, open wheel. I mean

759
00:40:34,320 --> 00:40:39,520
Speaker 1: it is absolutely beautiful. That's all we have time for today.

760
00:40:40,120 --> 00:40:41,319
Speaker 1: But it flew by.

761
00:40:41,760 --> 00:40:42,960
Speaker 2: Are you traveling somewhere?

762
00:40:43,440 --> 00:40:47,799
Speaker 1: I am going to Vail and I actually I need

763
00:40:47,880 --> 00:40:49,759
Speaker 1: Actually this is a great thing that people can email me.

764
00:40:50,000 --> 00:40:54,759
Speaker 1: So I'm flying into Denver, UH next Thursday.

765
00:40:54,840 --> 00:40:55,680
Speaker 2: Haunted Airport.

766
00:40:55,760 --> 00:40:58,239
Speaker 1: By the way, What should I Yes? I love that?

767
00:40:58,480 --> 00:41:00,960
Speaker 1: What should I? Uh? What should I rent? Should I

768
00:41:00,960 --> 00:41:03,840
Speaker 1: turow something? Should I get something on turo? Or should

769
00:41:03,920 --> 00:41:06,480
Speaker 1: I Is there a good place to rent a car

770
00:41:06,520 --> 00:41:08,719
Speaker 1: in America? I've been living in Germany for so long

771
00:41:08,760 --> 00:41:10,640
Speaker 1: that I'm a little bit spoiled because there you can

772
00:41:10,719 --> 00:41:14,839
Speaker 1: rent everything at a Hurtz or a sixth But here

773
00:41:15,080 --> 00:41:18,279
Speaker 1: it's not as easy, right, don't I don't know.

774
00:41:18,760 --> 00:41:21,279
Speaker 2: I'm not well versed, but I would throw my vote

775
00:41:21,280 --> 00:41:23,600
Speaker 2: for Turow for sure. It was a very good experience

776
00:41:23,640 --> 00:41:25,560
Speaker 2: and should just get something kind of wild that he's

777
00:41:25,640 --> 00:41:26,799
Speaker 2: never otherwise. Yeah.

778
00:41:26,840 --> 00:41:30,959
Speaker 1: Well, hopefully people could email me or email us. Hot

779
00:41:30,960 --> 00:41:35,160
Speaker 1: Pursuit at bloomberg dot net is the address. I was

780
00:41:35,160 --> 00:41:38,760
Speaker 1: thinking like a super duty pickup with a six point

781
00:41:38,760 --> 00:41:42,799
Speaker 1: seven liter diesel. Yeah, I'm very much looking forward to it.

782
00:41:42,880 --> 00:41:45,400
Speaker 1: So and if anyone has any tips on how to

783
00:41:45,400 --> 00:41:47,719
Speaker 1: get a sweet car in Denver, please shoot us an

784
00:41:47,800 --> 00:41:49,120
Speaker 1: email that does it.

785
00:41:49,200 --> 00:41:52,520
Speaker 2: For this week, I'm Matt Miller, and I'm Hannah Elliott,

786
00:41:52,560 --> 00:41:53,800
Speaker 2: and this is Bloomberg