Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498

Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498

Awesome Tip: Why 98% of People Buy Luxury Cars | DailyVee 498

So many people are working jobs they hate because they’re buying dumb, expensive stuff to impress people they don’t care about.

It’s such an important topic that we need to talk more about.

People are struggling to quantify that happiness is the true ROI, not a mansion or a car or “looking the part” on Instagram.

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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the company’s 4 locations.

In addition to VaynerMedia, VaynerX also includes Gallery Media Group, which houses women’s lifestyle brand PureWow and men’s lifestyle brand ONE37pm. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports, cannabis-focused branding and marketing agency Green Street and restaurant reservations app Resy.

Gary is a board/advisory member of Ad Council and Pencils of Promise, and is a longtime Well Member of Charity:Water.

Gary is a highly sought after public speaker, a 5-time New York Times bestselling author, as well as a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, and Uber.

Gary is currently the subject of DailyVee, an online documentary series highlighting what it’s like to be a CEO and public figure in today’s digital world, as well the host of The GaryVee Audio Experience, a top 100 global podcast, and host of #AskGaryVee, a business and advice Q&A show which can be found on both YouTube and Facebook.

Gary also appeared as judge in Apple’s first original series “Planet of the Apps” alongside Gwyneth Paltrow, Jessica Alba and

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47 Replies to “Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498”

  1. 98% of what gary? fckin overexaggerating everything to make it seem insipirational and smart. And no you dumb fuck, not everyone buys a rolls royce to "impress people". If you are rich, and do not know what to spend your money on, buy a fckin luxury car and enjoy it for yourself. Dont listen to this idiot, he just uses these kind of stereotypes to create "motivational" content and "help" people. The idiots that dont have money but still buy luxury cars deserve the problems they get.

  2. I have a 335i full bolt on tuned on e85. The reason I got it is not because I want to show off. I got it because every time I turn on to that highway ramp and hear the exhaust going and power that throws you in your seat. It puts a smile on my face that almost nothing can

  3. It's nice to have things and spend if you can ,I know plenty of people that have money but drive shity cars, but they spend it all on a escort of a wife. If you dont make the decision someone else will do it for you

  4. Cars and luxury items are usually a waste of money. Simple. People cannot give up the illusion they try to prop up with their child like behaviours. Its a hard truth but we all have to learn it to really start living.

  5. If you want something , and you have everything else taken care of and what you gonna spend will not affect any aspect of your life financially, then why not ?!
    Life is too short man

  6. Been there. In my 20s and 30s I had the expensive car payment and expensive mortgage. I lived in a 2200 sq ft house all by myself with most of the rooms totally empty. I was stuck doing a job I increasingly hated just to pay the bills. Finally I quit that job, which forced me to adjust my living expenses. Now I do a job I like (maybe not love), and I now own 2 smaller houses and 3 cars. I've monetized all my assets – I rent one house and rent 2 rooms in my house, I rent out 2 of the cars and do uber with the 3rd car. So now I have a flexible schedule, no boss, passive income from several sources. Much happier.

  7. I think some people in the comments got his perspective all wrong. Most people want luxury items in their life, but it's never okay to slave over it or to get it just for the sake of pleasing others that you truly don't care about or you honestly don't care of the quality of that said product. Invest in yourself first! Society fails to realize this.

  8. Basically a rip off of fight club (1996) – "We buy things we don’t need, with money we don’t have, to impress people we don’t like."

  9. My asset is currently around USD $1.5million. I can buy a $100K mercedez tomorrow cash but it'll be stupid. Dont be stupid. If you cant be smart with money you'll never be rich.

  10. I prefer own a "luxury car", because it really makes my day better, not have to drive some shitty FWD French family car which handling is trash, gearbox feels awful, no power, no fun, design is boring

  11. I think that some people buy luxury cars or anything exclusive to simply feel exclusive. People want to feel as they are better than their peers. One way to feel this way is through luxury items. Feeling exclusive makes you feel as if you're "in" or better than other people, that feeling gets confused with power. Which is what people think they have when they own or honestly items/cars. Don't let this distract you from the fact that people always do the same thing with their pedigree or accolades in school or jobs. Just my thoughts

  12. I drove a beater for 10 years. Then I bought a used luxury vehicle (Lexus) and it was the best purchase I have ever made. You won't appreciate a luxury car until you have driven a hoopty for a decade. I appreciate the performance, the attention to detail, the comfort. After my gigs I would not even be able to start winding down from work until I got home. As soon as I finish a job and sit in my car and feel the comfort of my leather air conditioned seats my day off starts at that moment and its priceless. Nothing said in this video can change my mind. Also my mortgage is less than what I used to pay in rent. Why rent when it goes up every year?

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