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Original link:

https://www.youtube.com/watch?v=vGrRENdcozs

2023-06-14 18:52:26

What It's Like To Own A $20 Million Exotic Car Collection

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He owns dozens of cars , some worth millions of dollars .

Steve Hamilton , the founder of one of America's biggest wheel and tire distributors is the face behind the $20 million Hamilton collection .

Unlike most collectors , Steve loves constantly driving his cars , even sharing them at charity events to help raise money for important causes .

But keeping a collection like Steve's in prime condition is no easy task .

We learned from Steve what it takes to maintain a $20 million car collection and got the details on his rarest and most expensive vehicles .

So I started my business back in 2003 S D wheel since I'm in the automotive sector .

Of course , I love cars .

I live and breathe them .

So 2018 , 15 years into business , I finally decided that it was time to get my first super car fast forward to today .

I've got just under 30 cars .

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I have nine awesome cars on order most of them which are hyper cars and the collection is worth just around $20 million .

I don't buy these cars as a financial investment .

I actually buy them as just an investment to enrich people's lives .

I love sharing my vehicles with anybody and everybody that wants to sit in them .

I let more people drive them than you would ever believe .

But fortunately I have had the privilege of the entire collection gaining over a million dollars in value because this market is a little crazy .

And um yeah , I'm not sure that I want it to correct itself .

I kind of like where it's at right now .

Initially , I started my collection with classic cars .

They became so expensive to maintain that I started transitioning into these super and cars .

And then I realize that it's a hell of a lot more money and more difficult to actually maintain super hyper cars .

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They break down just as much , in fact , if not more so became , became so out of hand to manage this , that I had to hire my , my good boy , Tommy here , Tommy has a full time job of managing and maintaining the entire collection and it keeps him busy 40 hours a week , filling these with gas , making sure they're clean , but most importantly , doing tunes modifications and also probably the bulk of the time is making sure they get repaired .

And even right now we have five vehicles in the shop with major repairs happening .

I probably spend somewhere around 30 to $50,000 plus a year just maintaining and handling all of the repairs for these vehicles when it comes to repairs , what sets apart hyper and Super cars from the rest of the cars available .

Chevys Fords , Dodges Kias .

You know , what is that ?

There are just more expensive parts to break .

I see a lot of the same issues pretty much any time you break something that sounds like it's going to be a relatively modest or cheaper pair on a general vehicle .

It is going to cost about 10 X on any hyper supercar .

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And inevitably whenever you tune or modify a vehicle , it is just going to wear down the engine faster .

You are going to run into more problems .

So why would Steve spend so much time and money repairing and modifying his cars when he knows what it will cost him in the long run ?

Apparently , that's just what happens when you love to drive .

This is my mclaren Center .

There are only 500 of these produced .

This was previously owned by Dead Mouse .

He specked it out exactly this way .

Very few people do modifications to million dollar cars , but I absolutely wanted a better driving experience out of this center .

The tune has taken a solid year to get .

Right .

It has been in and out of the shop and that has been a very , very painstaking process because these engines seem to be quite finicky .

I expect this tune to probably cost me upwards of 20,000 plus dollars and that excludes a bunch of transportation to and from other shops .

I have five different garages at home in which I store all the vehicles I can fit 15 cars at my house using some lifts .

I have additional space at a local facility called Iron Gate .

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It's this huge community of car collectors and it's just basically huge man caves that store cars and have little kitchenettes and bedrooms .

What sets me apart from most other collectors is that I am driving these in the winter .

I don't really care if there's snow on the ground .

The Bugatti out doing some snowboarding and we got that thing stuck so many times in the snow .

But it's , it's an all wheel drive vehicle and it was well worth the experience .

So snow doesn't stop me .

Salt doesn't stop me .

Cold weather does not stop me .

It does require me to clean them a little bit more though .

But while all collectors appreciate every car they own , especially when there are several worth over a million dollars .

There's always a favorite , my personal favorite vehicle of the entire fleet is the Bugatti Sharon .

It is all wheel drive so I can drive it all year long easily .

It is the most comfortable .

It is the most timeless with a very comfortable classic , awesome interior .

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It is the most powerful car , 1500 horsepower with 16 cylinders and it just has a street presence that I get a different reaction from the surround than I do any other vehicle .

People definitely look in awe of pretty much any one of the vehicles in the fleet .

But when they see the Bugatti , it's just a jaw drop , silent reaction where they've typically never seen it before and they just respect and love it .

That car is worth a little bit over $3.2 million probably a little less because I put so many freaking miles on it .

I think I'm most excited about all the cars that I actually have on order that are going to be arriving within the next year or two .

I have the new Pagani replacement for the wire coming .

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I have a Koenig ko a Koenig Jara A Ferrari S F 90 A Lamborghini Uris , a Cadillac escalade , the Bugatti Sharon S S Tesla Roadster , Tesla Cyber truck , I'm probably forgetting one or two more but super pumped to have these vehicles coming up .

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