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How does Jay Leno afford to buy all the HOTTEST cars?

WayneTeK

Golden Member
I was noticing how Jay Leno has all the HOTTEST cars-his most recent being the Benz SLR 2005.

Seeing how he keeps on getting more and more cars, how the heck does he afford it? His insurance alone must cost the price of a medium sized suburban house..
 
some of the cars he has had for a while,
he is a real car "nut"

🙂 wish I had some of the money he does to but myself some "toy" cars. 😉
 
he does stand-up. in fact, ive heard the money he make's from stand-up alone covers the cost of his cars. what the 'tonight show' pays him doesnt even go towards his car fund. at least, thats what ive heard.

edit: excerpt from the link ggnl posted:
NBC declined to discuss the details of Leno's salary, but the new deal will leave him plenty of time for stand-up gigs, something he likes to do to on the side to supplement his income. In fact, the funnyman has stated in the past that he usually puts the money he earns from The Tonight Show in the bank and lives off of appearances at casinos and corporate events. He also moonlights as an author and penned a kid's book last year.
 
Originally posted by: anxi80
he does stand-up. in fact, ive heard the money he make's from stand-up alone covers the cost of his cars. what the 'tonight show' pays him doesnt even go towards his car fund. at least, thats what ive heard.

 
think of it this way.

a guy making 25k to 27k can probably afford a 5 thousand dollar car right?

so why can't Leno afford $5 million in cars when everything else (food, clothes, etc, doesn't increase by the same rate) ?

 
Originally posted by: WayneTeK
I was noticing how Jay Leno has all the HOTTEST cars-his most recent being the Benz SLR 2005.

Seeing how he keeps on getting more and more cars, how the heck does he afford it? His insurance alone must cost the price of a medium sized suburban house..

Classic car insurance is MUCH cheaper than regular car insurance...not to mention insuring TONS of cars is much cheaper than insuring one.

Granted, insuring those cars for the amount they're worth will be more expensive than just getting them insured at all...but it's certainly much cheaper than tons of people owning one car each.
 
Originally posted by: jagec
Originally posted by: WayneTeK
I was noticing how Jay Leno has all the HOTTEST cars-his most recent being the Benz SLR 2005.

Seeing how he keeps on getting more and more cars, how the heck does he afford it? His insurance alone must cost the price of a medium sized suburban house..

Classic car insurance is MUCH cheaper than regular car insurance...not to mention insuring TONS of cars is much cheaper than insuring one.

Granted, insuring those cars for the amount they're worth will be more expensive than just getting them insured at all...but it's certainly much cheaper than tons of people owning one car each.

[Cliff Claven voice]

Heres a little known fact, most of your wealthier folk are "Self Insured" which basically means that they have the amounts that would appear on an insurance policy in an account reserved for that purpose, earning them interest while at the same time saving them a buttload of money.

[/Cliff Claven voice]

Oh, speaking of the "SLR", In a little while I will be posting some video and pics I took of one today 😀

 
wow, so Leno pretty much OWNS letterman.

i thought it was neck and neck. i guess it isn't (and yes i saw the part where letterman gets paid more money but leno brings in more people and if he had used an agent mb he could have gotten more, but that didn't seem to be his priority).

 
I bet he doesn't even have full insurance on most of them. Just puts the $35 a month storage insurance on them as they sit in his guarded showroom.
 
Originally posted by: silverpig
I bet he doesn't even have full insurance on most of them. Just puts the $35 a month storage insurance on them as they sit in his guarded showroom.

Probably. If he got pulled over all he'd have to do is smile and talk his way out of a ticket, offer him a ticket to the Tonight Show.
 
anxi's right again- I saw Inside the Actors Studio, and he said that he basically banks his salary from the Tonight Show. Before he bought the SLR, he traded in his 2, "old," SL 55 AMG's for a pair of SL 65's. The man has a lot of money🙂
 
anyone rich enough will invest his money. salary alone is just not enough no matter what it is... $30k, $150k, $50m... money is never enough.
 
Originally posted by: ItmPls
Letterman's Jokes are for old people. I haven't laughed at any of them.

Letterman himself is a joke.

Conan > Jon Stewart > Letterman > Carot Top > Gallagher > Some Dude at an open mic night in Camden, NJ > Gilbert Godfrey > Whoopi Goldberg > Joan Rivers > Jay Leno
 
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