Supercar-Collecting YouTuber Breaks Down His Crazy $135,000 Monthly Car Payments

For many people, a monthly car payment takes a huge bite out of their paycheck. And we mean huge: in 2023 the average new car payment stands at $736 while more than one in six buyers spend over $1,000. Even used car payments are closing in on $600 in this era of high interest rates.

But those numbers are pocket change to one YouTuber, who has just released a video breaking down the staggering $135,000 he spends on car payments for his fleet of supercars. That’s right, $135k every single month.

Steve Hamilton is no ordinary YouTuber, though. He made his huge fortune through his mail order aftermarket wheel and tire company SD Wheel and doesn’t only use that fortune to indulge his own passion for supercars, but uses it let let other people access those same cars too, via The Hamilton Collection.

Most people who buy supercars finance them rather than paying outright for the simple reason that buying outright means tying up potentially millions of dollars that could be better used investing in some other venture that could make you more money, or simply doing something else fun. Hamilton is no different but he explains that anyone wanting to order a hypercar still has to put a huge deposit down, which might be a seven-figure sum on its own.

He has several cars on order, each requiring huge deposits including the Bugatti Chiron SS ($1.75 million down), Rimac Nevera ($1.125 m), Koenigsegg Jesko ($1.8 m), Hennessey Venom F5 Revolution ($1m) and Pagani Utopia ($360,000). Throw in a couple of other smaller deposits for things like the Tesla Roadster and Koenigsegg Gemera and Hamilton has handed over $6.5 m for cars that he can’t yet drive.

But let’s take a look at those monthly payments for the cars that he does have in his garage. Hamilton says he has moved away from financing to fund his new cars since interest rates spiked past 5 percent at the beginning of the year, meaning all the following numbers related to the recent golden period of cheap auto loans, and they vary according to their original price and how much Hamilton laid out as a down payment.

But even still, they look insane to the average person, and this is just a snapshot of the full monthly outlay because Hamilton says there are several other cars he hasn’t covered here.