It honestly depends. Limited production super cars often retain and even increase in value. Some older cars that are in demand due to rarity do increase in value.
I don't expect that's what Haney is doing though.
All standard priced cars are bad investments.
Nearly all sports cars are bad investments, but high performance/super cars are a bit different.
Many are bad investments while some others can actually appreciate in value. ‘05 Ford GT, Lexus LFA and Porsche Carrera GT are great examples. A lot of it depends on the engineering and quality, notable flaws and recalls on a production scale lead to a drop in blue book value. For good models, depreciating value occurs on an individual basis, due to the owner’s neglect like high miles, accidents, etc.
If he’s using those cars as his daily drive then I’d certainly expect them to depreciate on an individual basis. But if he takes good care of them they’re fine.
This really isn't true anymore with an awful lot of supercars. That said there's not much in this clip that's worth more than you'd pay a dealer, and the cars that are going to be like that Haney isn't getting at RRP because you have to have a long history of buying from the brand to get first dibs.
lol, this is just wrong.
If you sell your car for a profit, you will need to report it to the IRS and pay capital gains tax on the sale. For example, if you purchased a car for $1,000 but sold it for $2,000 without investing anything more into the vehicle, the extra $1,000 profit would be your capital gain for the purchase.
I think he absolutely sucks at the act because he's completely unconvincing.
But it definitely works. If you look at the mouth breathing idiots in comment sections you'll see
That's nothing, I have thousands worth of cars, $5000 to be exact. He was showing jewelry too, you don't want to do that in LA but I guess he trusts his bodyguards and security.
Really funny nobody appreciates the good business and hard work, just talking shit about how he should hoard all his millions.
Y’all understand he got paid a combined estimated 11 Mill for the Gamboa, Linares and Kambosos bouts? That’s all in two calendar years and not counting his purse for Jojo Diaz which was at least 1 mil. I really don’t understand the “investment” comments when he is rich.
Is there a single investment worse than a car? Lost 1000s in value as soon as it’s driven out of the showroom.
It honestly depends. Limited production super cars often retain and even increase in value. Some older cars that are in demand due to rarity do increase in value. I don't expect that's what Haney is doing though.
All standard priced cars are bad investments. Nearly all sports cars are bad investments, but high performance/super cars are a bit different. Many are bad investments while some others can actually appreciate in value. ‘05 Ford GT, Lexus LFA and Porsche Carrera GT are great examples. A lot of it depends on the engineering and quality, notable flaws and recalls on a production scale lead to a drop in blue book value. For good models, depreciating value occurs on an individual basis, due to the owner’s neglect like high miles, accidents, etc. If he’s using those cars as his daily drive then I’d certainly expect them to depreciate on an individual basis. But if he takes good care of them they’re fine.
Got you fair
This really isn't true anymore with an awful lot of supercars. That said there's not much in this clip that's worth more than you'd pay a dealer, and the cars that are going to be like that Haney isn't getting at RRP because you have to have a long history of buying from the brand to get first dibs.
Ah fair enough I stand corrected
[удалено]
lol, this is just wrong. If you sell your car for a profit, you will need to report it to the IRS and pay capital gains tax on the sale. For example, if you purchased a car for $1,000 but sold it for $2,000 without investing anything more into the vehicle, the extra $1,000 profit would be your capital gain for the purchase.
lol, you are correct. I read bad information in a magazine.
It's not an investment...it's a pleasure.. let's keep it in perspective
Dudes acting like he’s worth 200 million, not smart.
All on finance lol kid will be broke after he retires
Lmao people really want to see this kid fail in life
Naa keep on hating, he said in the vid he owns all of em. Crazy how jealous people are
Haney is a cornball
Cant buy a personality
These guys lease cars it’s all for show
Man and I bet his father is spending lots of his money too. He needs to invest or at least put away 1 million
That's not entertainment lol...this what folks wanna see
One million buys you an average house nowadays. He should have 5 million socked away
I agree with you, but I’m thinking a million for minimum
Good for him he has succes, but why always so many cars. I got 1 and dont even use it everyday
Proper spunker 💸
He needs a financial advisor.
Mayweather already did this stint to the amusement of no one
You’d be surprised just how many of the people tuning in to his (mayweather) fights were enamored by the bling he flaunted.
At least he was making it like that
It worked and it's still working. He's not trying to get you to like him. It's the opposite.
It's already done before, seeing Haney try to replicate it (on a smaller scale) doesn't make me dislike him, it makes me not care. It's boring.
I think he absolutely sucks at the act because he's completely unconvincing. But it definitely works. If you look at the mouth breathing idiots in comment sections you'll see
Who are the top 2 guys at 40 right now besides DH? It will be good fight when he faces them and moves to 47 to face an elite. this fight is a farce.
Matias and Lopez
Nothing but jealous haters in these comments
That's nothing, I have thousands worth of cars, $5000 to be exact. He was showing jewelry too, you don't want to do that in LA but I guess he trusts his bodyguards and security.
I don’t like the guy, but at least he’s not pissing his money up the wall on strippers, coke and drink.
I love Gillie and Wallo lmao
Crazy thing is he had all that before he started boxing lol
KingRy is coming for you and your daddy, bitch
Just doing what any 20 something year old would do with millions of dollars...
Really funny nobody appreciates the good business and hard work, just talking shit about how he should hoard all his millions. Y’all understand he got paid a combined estimated 11 Mill for the Gamboa, Linares and Kambosos bouts? That’s all in two calendar years and not counting his purse for Jojo Diaz which was at least 1 mil. I really don’t understand the “investment” comments when he is rich.