ilmscore | How Much Car Can You Afford: $30K vs $75K vs $265K Supercar

How Much Car Can You Afford: $30K vs $75K vs $265K Supercar

Published: 2024-07-25
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
McLaren Artura (2023 model) is predicted to depreciate by 25% over 5 years, resulting in a yearly depreciation of $13,250.
"assuming a 25% depreciation rate over 5 years I think that's rather reasonable which means that our total depreciation for this car on a yearly basis is $13,250"
McLaren Artura Depreciation
Pending
McLaren Artura insurance cost for normal mileage (10,000-15,000 miles per year) is predicted to be $6,000-$7,000 per year.
"if we were actually driving this car with normal mileage it could be upwards of $6,000 maybe even $7,000 per year or more depending on your driving record"
McLaren Artura Insurance
Pending
McLaren Artura maintenance costs are estimated to be a minimum of $3,000 per year.
"we'll set the maintenance cost at $3,000 as an approximate estimate for now"
McLaren Artura Maintenance
Pending
McLaren Artura financing costs (assuming 10% down and 5-year term) are predicted to be $38,500 over 5 years, or $7,630 annually.
"your cost to finance it over 5 years is going to come out to $38,500 that comes out to roughly $7,630 per year"
McLaren Artura Financing Costs
Pending
The annual cost of owning a supercar like the McLaren Artura could be double ($62,770) or triple ($94,155) the estimated $31,385 if driven 15,000 miles per year.
"if you did drive a superar for 15,000 mi I could easily see our cost being double that or maybe even triple that depending on what you had to replace"
Supercar Annual Cost (High Mileage)
Pending
McLaren Artura insurance cost will be around $6,000 annually if driven 10,000-15,000 miles per year.
"if this was if this was uh being uh driven you know 10,000 15,000 miles a year you're probably like $6,000 of insurance"
Car Insurance (McLaren Artura)
Pending
Annual maintenance for a supercar is estimated to be a minimum of $3,000.
"you could be looking at a minimum of $3,000"
Supercar Maintenance Costs
Pending
Annual cost of owning a supercar could double or triple the estimated $31,385 if driven 15,000 miles per year, depending on replacement needs.
"if we did drive a superar for 15,000 mi I could easily see our cost being double that or maybe even triple that depending on what you had to replace"
Supercar Ownership Costs
Pending