From Broke To Bugatti | Inside The Millionaire Empire Of Doug DeMuro

A video on YouTube. In Business & Money, a Krater category.

Summary by Krater

Graham Stephan interviews Doug DeMuro about how he built his automotive YouTube channel and Cars & Bids, and DeMuro discusses his financial journey and car purchases.

From the video

Answers: How did Doug DeMuro build his YouTube channel and Cars & Bids?

Doug DeMuro YouTube channel history
cars & bids auction platform
automotive journalism career
used car market trends
personal finance and investing

What it concludes

Doug DeMuro funded his first Ferrari purchase by taking out a co-signed loan and writing articles about it.
Cars & Bids charges buyers a 4.5% commission capped at $4,500 while sellers list for free.
Car prices rose due to the chip shortage causing a shortage of new cars, which drove up used car prices.
Doug DeMuro gives Doug scores to cars evaluating styling, fun factor, cool factor, and features.

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