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Really shows the relative costs between extremely high end cars and extremely high end jets/yachts.
by throwawaymath 8y ago
Really shows the relative costs between extremely high end cars and extremely high end jets/yachts.
- coldtea 8y agoThere are "high end cars" that cost as much as 2-3 average yachts -- if we get into antique collection cars. A 1959 Ferrari for example was sold for $18 million.
- tialaramex 8y agoBut, would the sort of person who owns a 1959 Ferrari want an "average yacht" ? I don't think so. Yacht is a purpose classification, there are little boats in my local habour that a couple of old people drive out into the open water every weekend in the summer, and then there's something like Britannia, the ex-Royal Yacht that is a permanent floating museum in Edingburgh. Both are yachts because they are (or in Britannia's case were) for the pleasure use of the owners rather than being military, transport or for any commercial purpose. So it's not difficult _at all_ to spend $100M on a yacht, whereas it's pretty tricky to do that for a car. Worse, unlike cars as yachts grow more expensive a staff becomes at first a good idea and then essential - even if you barely use it you may be spending $1M plus per year on staff.
- arethuza 8y agoI guess you would start buying or founding a car company if you want to 'invest' $100M in that areas? Or maybe first customer for a new car brand, e.g. Benny Caiola https://www.youtube.com/watch?v=PfjcgcOfgww https://www.youtube.com/watch?v=PfjcgcOfgww
- C1sc0cat 8y ago$18 mill is entry level for a super yacht
- coldtea 8y agoBut not for an average yacht.
- chasd00 8y agoJay Leno is well known in the car collecting hobby. He has some old car that has oil lamps for headlights iirc. I bet some of those go for as much as a jet. It's hard to get your head around but don't forget there are plenty of places where clean water on demand from a faucet is hard to get your head around too. It's all relative to your situation.