It was a great idea, it's a business investment as he said at the end of the day, but what i think, he's gonna buy it outright in the future. As an og, when it comes to prove the haters wrong, strad does it the best.
@jeremyramirez1321
8 ай бұрын
It doesn't matter, as long as strad is happy. He's paying it not anyone else
@soundguy_znclark1919
8 ай бұрын
How he basically can get a tax write off to 100% of what he paid a year and have the chance down the road to turn it from lease to a lease to own he made the perfect choice. Basically he’s gonna pay nothing until he buys it or gives it back but I have a funny feeling eventually he will own it
@-RajJyotiBaishya
8 ай бұрын
Just like DDE
@ThePalmEvent
8 ай бұрын
That is NOT how tax deductions work. Assuming that he’s in the highest tax bracket he still has to pay about half of that with after tax dollars.
@soundguy_znclark1919
8 ай бұрын
@@ThePalmEvent still better then paying all of it
@trellyrell01
8 ай бұрын
People have to understand the difference between a business liability and a personal liability. Most businesses who have a fleet of cars/trucks lease them. It just makes more sense business-wise. Plus, I'm sure he's had conversations with people LIKE Houston, John Temerian, Steve Hamilton, and Doug DeMuro (just to name a few)plus his own CPA about this purchase. Hell, he just collabed with Damon, Matt August, and Billionaire Mike in Canada. I'm sure they made suggestions at some point. Either way, James has PEOPLE to bounce this stuff off of, we are not it. If he is happy, then I'm happy for him. At the end of the day, it's his life and he can live it how HE chooses. Congrats Strad!
@CanadiansInCarsGettingCocky
8 ай бұрын
It doesn't matter if a car is bought or leased, James is the one in the drivers seat! 😁
@ExecutivePenStylus
4 ай бұрын
$400,000 a year. Then he has to return it….the car is only $1.2 mil. I think he could have purchased it for a much lower payment and he was talking about how it goes up In value and is a collector’s car. I don’t know if this is the right move. Leasing a Benz yes, it loses value moment u purchase. This one goes up in value.
@TheVideoLinkx
8 ай бұрын
Worth every penny for an Egg, especially that particular one.
@Cmoney_-yu9yy
8 ай бұрын
It was a great idea everyone was hating on DDE for it but I’m glad people are starting to realize it’s a great financial path to take
@mre1841
8 ай бұрын
Great idea, but quite frankly none of my business. James is entitled to do whatever he likes with his money, and if it makes sense to lease then good on him for making the sensible decision. i just want to see some great videos with it, gumball would be epic.
@SpoolsAndPulls
8 ай бұрын
From the perspective of tax incentives, he talked about $18k being the limit on deductions on a financed car, but lease can be fully written off as an expense. Makes sense to me. Over four years $1.5M of “depreciation” will get paid off and then he’ll be able to buy it and sell for massive profit.
@theoldmanonasportbike
8 ай бұрын
Based on the tax laws it’s a no brainer. Good for him. Most of the haters are just people that are jealous. You know the 40 year olds living in their mothers basement.😉
@yt650
8 ай бұрын
There’s a lot of information that’s missing from this video that would explain why things are the way they are. There is a law firm in Pittsburgh that advertises on TV. The CEO of that operation happens to like motorcycles and that would be the expensive kind. So if you use the motorcycles in advertising and that’s why you bought them and you are depreciating them, is there any law that says you can’t ride them once in a while? There are always more reasons or facts than you know about. I recently saw a program where a man leases I think a silver ghost but in any event it’s a Rolls-Royce for $3600 a month but his income is $700,000 a month so who cares?
@strangeclouds7
8 ай бұрын
Exactly. When you have money you have money. Who cares if you lease or own something doesn't matter
@yt650
8 ай бұрын
@@strangeclouds7 When you lease something there is a term involved, if it’s something that falls out of disfavor with you, it is a lot less work to get rid of it than it would be to sell it and everything involved with that. Sometimes there’s just a penalty for returning it early and your responsibility is over and done with including the insurance.
@xcalibur7246
8 ай бұрын
Haha, he uploaded this so quick
@charlescouncil2174
8 ай бұрын
It was a great idea because he is happy! It’s a tax write off, it’s making him money. No L’s here 👏🏾👏🏾
@constantineandreu9377
8 ай бұрын
He's gonna pay more when he loses the B-ROGUE defamation case👌
@siafaalvin2209
8 ай бұрын
Given his job, it makes no sense to buy it.
@DarkKnightBJJ13
8 ай бұрын
Sounds like a fantastic idea to me. How does that work in the states he cab claim his monthly payments come tax time and get it all back?
@JayJayFromAZ
8 ай бұрын
Pretty much.
@lh6378
8 ай бұрын
Use it as an advertisement boom no taxes if you make enough
@ThePalmEvent
8 ай бұрын
No. Not at all! He might get half back. He deducts the payments off of his income. He doesn’t deduct them from his tax bill!
@scottehrlich6653
8 ай бұрын
Smart move Stradman
@dlp2600
8 ай бұрын
Insanity, not a fan of paying that kind money unless I have Manny Khosbin money. It's. Nice car but I'd pass.
@DFmediaCZ
8 ай бұрын
Dude is generating that amount in 1 week so why not ?
@blackhunter501
7 ай бұрын
How long would it take him to pay that off?
@williamriley-jones
2 ай бұрын
It would take him 3 1/2 years if he just pays the 35,000 a month
@nehalmathew7510
8 ай бұрын
Fastest upload in the west
@GNNPLAYER
18 күн бұрын
What happened to this channel?
@steveg6060
8 ай бұрын
Who cares
@bobmizen1
8 ай бұрын
Brilliant idea Aaron 👍🤩, how many haters are accountants 🤗. Have a Happy New Year to you all. Bob M. South Wales
@Jaydee6.2
8 ай бұрын
So tacky
@strangeclouds7
8 ай бұрын
What?
@patrick111390
8 ай бұрын
He's never going to drive that thing. So sad.
@WopJr
8 ай бұрын
he literally just drove it lol
@mre1841
8 ай бұрын
He is absolutely gonna drive it, people said the same about the veyron but he drove that all the time.
@everettozmun7750
8 ай бұрын
He fs will. His lease doesn’t limit his Miles. And James drives his car. Just wait
Пікірлер: 41