YouTuber Archie Hamilton explains how he managed to buy 4 supercars - Dexerto
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YouTuber Archie Hamilton explains how he managed to buy 4 supercars

Published: 3/Feb/2020 12:49

by Connor Bennett

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Popular car YouTuber Archie Hamilton Racing has explained just how he has been able to afford to own a number of supercars without striking it rich by winning the lottery or uncovering oil.

Like many car YouTubers, Archie Hamilton has been able to impress fans with his car collection. Be it an Audi R8 or the Range Rover SVR sport – which he ended up selling anyway because his viewers weren’t all that keen on it – he’s gotten behind the wheel of some impressive vehicles.

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While YouTube can be a pretty nice way to make money, he hasn’t exactly gained subscribers or viewing numbers like PewDiePie that would probably allow him to purchase the majority of his dream cars. However, Archie has explained just how he has been able to afford owning four supercars in his YouTube career.

YouTube: Archie Hamilton RacingThe YouTuber has shown off a wide variety of cars on his channel.

In his explanation video, the YouTuber teamed up with Tim from Magnitude Finance company to – unsurprisingly – talk about how he has financed his cars in the past, which has allowed him to own a wide variety.

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While the complexities of financing a car could seem pretty boring, the conversation between the pair kept things pretty interesting – with them noting that Archie has been able to get out of deals like the SVR by putting down a bigger deposit than perhaps the cheapest deal around. 

“I’ve had all these cars and I’ve just got in and out of them safely and I want to get that across because without that, I wouldn’t have been able to drive not even one of them – and that is what is so insane,” he said. “I wouldn’t have been able to buy a Lamborghini, buy a Corvette, all my dream cars. The only reason I’ve been able to buy them is because of finance because I don’t personally have that money in the bank.”

Though, like anything involving a contract, there are risks for getting out early – which the YouTuber has done on occasion. As for a rough estimate in penalties, Archie’s have come out between £50,000 and £70,000 – yet that gets paid off over time. 

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Of course, the method of financing doesn’t quite work for everyone, as Archie himself said that he’s been a “lucky boy” with it all.

As he noted himself, that sort of penalty money could easily pay for a brand-new car or be a deposit for something quite special but for whatever he has lined up next, fans will just have to keep their eyes peeled.

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Shmee150 reveals ridiculous cost of insuring his Ford GT

Published: 14/Oct/2020 16:47

by Kieran Bicknell

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YouTuber and supercar collector extraordinaire Shmee150 is known for his incredible garage of exotic cars. In his October 13 video, he reveals some surprising news about the cost of living with his Ford GT supercar.

The Ford GT cost around $500,000 when new, so you’d be forgiven for thinking that the day-to-day maintenance costs would be astronomical too. According to owner Tim (Shmee150) however, they aren’t quite as bad as you expect.

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Given that the GT is build by Ford, its hardly surprising that it is often referred to as a ‘blue-collar supercar.’

Though, with its purchase price of half a million dollars, it’s hardly cheap.

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Shmee 150s Ford GT
YouTube: Shmee150
The Ford GT requires servicing annually, or every 5000 miles.

Being produced by Ford does have its advantages though, as Shmee explains in his video. Supercar ownership costs “vary hugely from one car to the next” according to Tim, and the GT is no exception.

Servicing for the Ford GT is on a very strict schedule of once per year or every 5000 miles. This means that drivers that make use of their GTs risk paying for several services each year, though thankfully the costs are impressively low.

Thanks to being a Ford product, servicing can be done at Ford dealerships rather than requiring specialist garages. Costing “around 500 bucks” per go, it’s a stark contrast to many supercars such as Ferraris and Porsches that run into four-figure prices for each service.

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The Ford GT also comes with an impressive three-year warranty package, and can have a majority of its minor work done at Ford dealerships as per its servicing requirements. This saves on shipping the car to-and-from specialists, which in itself is a costly part of typical supercar ownership.

Clip starts at 3:00

As Shmee says, for day-to-day life with the GT “there isn’t actually that much to worry about… because it’s a Ford. Most things [consumables] are quite reasonable.”

Unfortunately, that’s where the cheap ownership of the GT ends. Due to the incredible performance capabilities of the car, specific Michelin tires are required which came at a “heavier price” than Shmee expected.

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Insurance is a big kicker too. Tim admits that this is “by far the biggest cost for the car.” In his first year, he paid a staggering £10,000 ($13,000) for insurance on the GT. The second year wasn’t much better, coming down by £2000 to £8000/year ($10,400.)

So while day-to-day life with the Ford GT is probably much cheaper than many would expect, just getting it insured to drive on the roads costs a monumental amount; At least servicing is cheap!

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