YouTuber who collects supercars breaks down his eye-watering monthly payments
- You won’t believe the monthly cost for this YouTuber’s supercars
- Steve Hamilton is founder of The Hamilton Collection and SD Wheel
- He explains how much he pays per month for some of his cars and why he chooses financing over paying in full
Published on Dec 06, 2023 at 4:42 PM (UTC+4)
by Amelia Jean Hershman-Jones
Last updated on Dec 07, 2023 at 1:20 PM (UTC+4)
Edited by
Adam Gray
The monthly cost for this YouTuber’s supercars is unimaginably expensive.
Steve Hamilton is founder of The Hamilton Collection and SD Wheel – and just one of his supercars costs $38k per month.
In fact, in total the YouTuber shells out an unbelievable $135,000 per month on car payments for his fleet.
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He’s always been honest about financing cars but never revealed the real reason why before.
In addition to creating YouTube content, Hamilton also amassed his wealth via SD Wheel.
His business is a mail order aftermarket wheel and tire company.
What’s more, he also uses his fortune to help others access supercars, via The Hamilton Collection.
The smart service allows users to rent a slot with a supercar, rather than making a huge financial commitment.
Most people who buy supercars finance them rather than paying outright.
That’s because paying cash means tying up millions that could be invested elsewhere – like downpayment on other vehicles.
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While some of his supercars required a seven-figure deposit, Hamilton decided to finance several cars in his fleet.
The Bugatti Chiron SS required $1.75 million down, his Rimac Nevera cost $1.125 million outright, his Koenigsegg Jesko was an initial $1.8 million, his Hennessey Venom F5 Revolution $1 million, and the Pagani Utopia was $360,000.
His Tesla Roadster and Koenigsegg Gemera required smaller deposits to bring the total to $6.5 million.
He has several more supercars including a Bugatti Chiron on the way, too.
Let’s take a look at some of the car’s in Hamilton’s garage taking a chunk of change out of his monthly income.
Ferrari LaFerrari
Cost: $38,691 per month
Pagani Huayra Roadster
Cost: $31,138 per month
McLaren P1
Cost: $7,079 per month
McLaren 675LT
Cost: $6,207 per month
Lamborghini Urus
Cost: $4,056 per month
Tesla Model X
Cost: $2,396 per month
Tesla Model X
Cost: $1,658 per month
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London-based Amelia cut her journalistic teeth covering all things lifestyle, wellness and luxury in the UK capital. Fast-forward a decade and the experienced content creator and editor has put pen to paper for glossy magazines, busy newsrooms and coveted brands. When her OOO is on you can find her spending quality time with her young family, in the gym or exploring the city she loves.
