TheStradman Breaks Silence on Burned Lamborghini, $1M IRS Audit, & Car Market Bubble
Summary
James Strad interviews Graham to discuss the volatile supercar market, including the massive depreciation of the new Ferrari Luce and the inflated prices of classics like the 911 GT2 RS. They analyze the financials behind James’s Koenigsegg ownership, which he sold for a break-even profit after two years of high lease payments. The conversation also covers the story of James’s Gallardo catching fire due to an EVAP system failure, how he leveraged insurance to buy it back for restoration, and the strategic considerations of buying cars for content versus personal passion.
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