I warned friends who wanted one. They dumped it in under 2 years & 3 + months in the shop. The wife now drives a 02 Toyota Avalon that cost her only 1 month financing + insurance for that Range Rover; loves it.
I’ve noticed that some home builders are reporting a slowdown in new projects. With mortgage rates so high, it seems like demand is finally cooling off a bit, and it’s really starting to affect their business
Yeah, it's no surprise that home builders are feeling the pressure. The costs of materials have been fluctuating, and with fewer buyers able to afford high mortgage payments, there’s definitely a shift happening.
It’s interesting because, for a while, it seemed like the housing market was unstoppable. Now, with inflation and financing issues, even big builders are pulling back on projects
I read that some builders are offering big discounts or incentives just to keep sales moving. That’s a pretty clear sign that they're trying to adapt to the decreased demand.
$60,000 u got that cause 2022 is the last year of that generation. When you buy the last year of that generation you lose a lot of money because everyone wants the redesigned 2023 range rover
Don't think that some of your "fans" are listening to what you just said. Paraphrasing, " I'm doing what I like to do, and I am very happy," which is why you're doing "the You Tube" thing" - you don't say "do exactly what I do and you'll make a ton of money"! Just watching someone buying cars for $17,500 and selling them for $22,000 over and over again is pretty boring. Not a particularly big fan of high end/supercars (never going to buy one) but you do a good job explaining what you do and why. I'm sure that most of the time you make money selling cars - it is impossible to make money on every sale. You don't go to Vegas to have fun (the casino owners will strongly suggest that you'll have a good time, but they don't even guarantee you that you'll break even in your gambling endeavors) but you enjoy buying ans selling "fun cars". Just remember the number one rule that a certain, different kind of dealer always says, "Never get high on your own supply!" 😄
Pro tip don’t use the depreciation of a POS Range Rover as a tool to measure the health of the economy. There will never be a time in human history when a Ranger Rover will retain its value.
I’ve been an auto dealer for 20 years now. And most people won’t understand how we have to wash our heads with taking a loose 😂 Now I know you don’t talk about the everyday sales that make you $1500-$4000 on other units because people here don’t want to hear you win 😂they want to hear ur struggle. Over all I know you’re doing well and have a great manager that’s eager to learn and step up to make business happen at your previous location. Even your brother entering the car game shows how your success has inspired him to do it as well. Good Job brotha. Keep the ball rolling. I watch ur videos every week and get ideas myself on doing this different myself. Keep up the good work!
Another great video Craig. One of the few who broke even on a RR in long time. Liked your idea of selling wholesale only, hope we get more content that way.
The newer ones are significantly more reliable once you repair crossover pipes 2013-2019.5 they run really well. Air shocks will go out if you live in hot weather climate after 40k or 3 years other than that they are pretty solid and they command the road.
Craig so many Haters in comments is you don't like the content DONT WATCH his videos keeps you up dated on not just real life car prices but intrest rates repos an bank an loan content. Keep up great work..
Giving constructive criticism, or having a personal dislike for this unfiltered attention seeker is not being a 'hater'. If you can't take the viewpoints of your viewers, good, bad or indifferent, don't post videos for the public. Someone that can't deal with reality, and demands constant praise is a snowflake. Sometimes it's entertaining to watch train wrecks.
That is normal depreciation for a range rover. everyone in the car business knows this except you apparently. Oh, a Range Rover tanked in value? Surprising
It's also the last year of that generation.You're going to get hit hardest on those because they look virtually the same as a 2013 and the new generation. You'll be hard pressed to find a 2023 under 100 grand, but 2022s (except for SVs and Autobiographies) are in the 60-70K range all day long
Make a video about dealer fees in Florida. You would be surprised just how bad it is for the average guy to avoid fees that you must pay in this state.
Great work Craig.. But for what you lost. To me that is not very much.. Your still the best when it comes to teaching us the in and out of buying and selling cars.
I found out a way to save a lot of time. I just dropped into a dealership, took some pics in front of a vehicle and paid the salesman a few grand. Figured it was cheaper that way, and I can show the pics and say I owned it for six months. 😂
Hey Graig how are you enjoying PC? If you remember me I just moved to PA after living there for 30 years. I bet you can’t drive a mile without seeing a Corvette! Isn’t it crazy?
dealers arent willing to negociate prices that much. they paid more, the cars will sit on the lot longer, but the days of housr of haggeling are not there that much. ill drive mine for a few more years.
Your hilarious! Your excuse , I drove it for 3 months. You lost money again! Your making videos and are running a streak of loosing money. Take your cyber truck to that auction. Let's see how much you loose on it. Most people can't take loosing money, keep doing it and you won't be able to do it .
@@Hello123-b7l I really hope you don't think he's doing it for U Tube content. He's loosing money from making bad decisions. He's like a kid in a candy store when it come to high end exotic cars. And I think he has lost money on almost everyone he buys. He didn't have a market for them at his dealership and he doesn't have the clients he needs to be successful at it now. Look at what his dealership is buying now. 1500.00 to 2500.00 dollar cars. That's where the market is right now, it's just he doesn't want to be classified as a low end car dealer. I think Craig is a good guy. He wants to get into a tough market. The cars he wants to be associated with cost a ton of money and also cost alot of money to fix. He would like to make his money being a U Tube celiberty and buy a high end exotic car drive it for awhile sell it and make money. He might make it on U Tube but he sure hasn't proven he know how to buy and sell very expensive cars for a profit.
That doesn't really save you anything except the hassle of disposing it later. Leasing means you're always paying the steepest decline in depreciation for every car. There's some relief if you can write it off for a business, but leasing is generally always the most expensive (albeit convenient) way to drive a car.
Range Rovers, Escalades, benzes, ect. (Status symbol vehicles) all depreciate like iPhones. When the new generation comes out, the previous one isn’t worth shit.
The Lotus is my dream car no other. Never owned a sports car or high end car but always wanted to be that big guy (6 Ft) stepping out of a Lotus. I know you may not respond. How much did the Lotus sell for?
Your bet is correct Craig, we all love seeing you lose money. Keep up the great content! I’m subscribed and liked the video even though I am a hater troll 😂
Yes, you can say you got a good deal. But why don’t you go back to the basics. Buy a car, fix it, clean it, sell it AND for a profit. Not spend $1600 to drive a Land Rover for 3 months
You're banging out good content! Welcome to FL. I found your channel a few months ago. I watched your videos to pass the time. Now I really look forward to your videos. Keep up the good content!!!
Same here., I strongly agree that the Bitcoin ETFs approval will be greatly life opportunity for us, with my current portfolio of $102,500 from my investments with my personal financial advisor Steve Miley I totally agree with you😊
YES!!! That's exactly his name (Steve Miley) so many people have recommended highly about him and am just starting with him from Brisbane Australia...🇦🇺
He's my family's personal Broker and also a personal Broker to many family's in the United states, he is licensed and a FINRA AGENT in the United States.
Leasing is the way to go if you’re looking to drive expensive luxury vehicles. Never have to worry about depreciation or an unexpected accident which would generate a car fax.
I dunno, man, this is feeling too "click baity" for me. What would normally be a single video of selling your Landrover the entire process and showing your $1,500 loss is now 2 videos posting about that $124,000 value... which if I'm remembering correctly is AFTER market adjustments so YOU did not pay that and it's highly deceptive when you told the Auction House that it was that MSRP because that was not true. Would it have been the same bid if they had known it was $105k or whatever the true MSRP is? Dunno. Anyway, just my opinion. I'll still be watching future videos :)
Um when are we gonna see the new big bird and your flipping to get a lambo or gwagon or a aston martin or an porsha oh when are we gonna get a new tour of your new car dealership lots we are waiting patiently
Elections have consequences, let's see if the public has learned anything or are we going to continue down the path of non business people running the economy.
Donald has had multiple bankruptcies and is in debt to cities across the nation for his rallies. If I know one thing, that’s the kind of person I want running my country.
Craig, it's your channel. You can make whatever content you want. I really love your content about cars. But we'll never agree on politics, and I watch a car channel to get away from politics. If you want to do politics, why not start a political channel (to which I won't subscribe) and then everyone will be happy?
He has another video with his brother Adam on it. Much more entertaining seeing Adam buying the cheap stuff and building a business. It many videos being posted there though
Top tip ... DONT buy Land Rovers, they seem to have (a very well known) problem with reliability 🙂
I warned friends who wanted one. They dumped it in under 2 years & 3 + months in the shop. The wife now drives a 02 Toyota Avalon that cost her only 1 month financing + insurance for that Range Rover; loves it.
They are a lease only for sure
The V8's are solid for models made under the JLR brand
They have better reliability than Toyota now and their engines and transmissions don’t fail. 😂😢
Yup, land rubbish
Range Rovers are notorious for their values dropping like an anvil thrown off a cliff. 7 years from now that car will be under 10k
5 years.
yeah ranges teslas s class 7 series etc. they all drop
Keep the good content flowing! 🤘
Thanks! Will do!
How can someone who is in the car business keep buying all these mistakes? 😂
I’ve noticed that some home builders are reporting a slowdown in new projects. With mortgage rates so high, it seems like demand is finally cooling off a bit, and it’s really starting to affect their business
Yeah, it's no surprise that home builders are feeling the pressure. The costs of materials have been fluctuating, and with fewer buyers able to afford high mortgage payments, there’s definitely a shift happening.
It’s interesting because, for a while, it seemed like the housing market was unstoppable. Now, with inflation and financing issues, even big builders are pulling back on projects
I read that some builders are offering big discounts or incentives just to keep sales moving. That’s a pretty clear sign that they're trying to adapt to the decreased demand.
It's obvious how much effort went into this!
$60,000 u got that cause 2022 is the last year of that generation. When you buy the last year of that generation you lose a lot of money because everyone wants the redesigned 2023 range rover
Don't think that some of your "fans" are listening to what you just said. Paraphrasing, " I'm doing what I like to do, and I am very happy," which is why you're doing "the You Tube" thing" - you don't say "do exactly what I do and you'll make a ton of money"! Just watching someone buying cars for $17,500 and selling them for $22,000 over and over again is pretty boring. Not a particularly big fan of high end/supercars (never going to buy one) but you do a good job explaining what you do and why. I'm sure that most of the time you make money selling cars - it is impossible to make money on every sale. You don't go to Vegas to have fun (the casino owners will strongly suggest that you'll have a good time, but they don't even guarantee you that you'll break even in your gambling endeavors) but you enjoy buying ans selling "fun cars". Just remember the number one rule that a certain, different kind of dealer always says, "Never get high on your own supply!" 😄
You’ve become my favorite channel Craig. Lifelong interest in all things automotive. Please keep it up!
Great information. Nice to hear the truth. You're video pics are very clear. God bless you and family.
Thank you!
Yea I’m hoping it gets back to the good old days with cheaper used cars.
Range Rover has got to be the worst example for anything normal. Those things go for cheaper than a 30 year old Chevy when 10 yrs old.
gm sucks poor people buy those
Pro tip don’t use the depreciation of a POS Range Rover as a tool to measure the health of the economy. There will never be a time in human history when a Ranger Rover will retain its value.
Bro, I love watching your videos! Keep doing what you love, you inspire me (probably many other).
How did your HOA not fine you bigly and mandatory prison time for those halloween decorations in your front yard?
I’ve been an auto dealer for 20 years now. And most people won’t understand how we have to wash our heads with taking a loose 😂 Now I know you don’t talk about the everyday sales that make you $1500-$4000 on other units because people here don’t want to hear you win 😂they want to hear ur struggle. Over all I know you’re doing well and have a great manager that’s eager to learn and step up to make business happen at your previous location. Even your brother entering the car game shows how your success has inspired him to do it as well. Good Job brotha. Keep the ball rolling. I watch ur videos every week and get ideas myself on doing this different myself. Keep up the good work!
Hey Jordan I'm interested in starting my own dealership but don't have any skills yet or the money to do it. How do I start working on it ? Thanks
Another great video Craig. One of the few who broke even on a RR in long time. Liked your idea of selling wholesale only, hope we get more content that way.
Auctions in FL has very nice cars, great content.
Yes, they are thoroughly washed, inside and out. Very good.
Hiding Flood Damage.
The newer ones are significantly more reliable once you repair crossover pipes 2013-2019.5 they run really well. Air shocks will go out if you live in hot weather climate after 40k or 3 years other than that they are pretty solid and they command the road.
Craig so many Haters in comments is you don't like the content DONT WATCH his videos keeps you up dated on not just real life car prices but intrest rates repos an bank an loan content. Keep up great work..
Giving constructive criticism, or having a personal dislike for this unfiltered attention seeker is not being a 'hater'. If you can't take the viewpoints of your viewers, good, bad or indifferent, don't post videos for the public. Someone that can't deal with reality, and demands constant praise is a snowflake. Sometimes it's entertaining to watch train wrecks.
Great video, love to see those exotic cars this is what it’s all about. Keep it up 👍
Next video: LIFTED GOLFCART PRICES are CRASHING!
That is normal depreciation for a range rover. everyone in the car business knows this except you apparently. Oh, a Range Rover tanked in value? Surprising
It's also the last year of that generation.You're going to get hit hardest on those because they look virtually the same as a 2013 and the new generation. You'll be hard pressed to find a 2023 under 100 grand, but 2022s (except for SVs and Autobiographies) are in the 60-70K range all day long
I knew they were bad, but that was a surprise. I think that Cyber Truck going to be just as bad.
Great stuff thanks
Glad you enjoyed it
Having the auctioneer announce $124k MSRP is misleading considering $12k of that amount was the dealers market adjustment.
Make a video about dealer fees in Florida. You would be surprised just how bad it is for the average guy to avoid fees that you must pay in this state.
Great work Craig.. But for what you lost. To me that is not very much.. Your still the best when it comes to teaching us the in and out of buying and selling cars.
Your friend lost 50% and isn't whining about it. Maybe you should take notes.
His friend has a job that makes him $. This is Craig's job, he can't keep loosing $. He is extremely positive about it, even though he is loosing $.
You must not know what whining is. Sounds like you are just complaining to complain. Go do something of value instead of being a hater online lmao..
Weird I watched the whole video and didn't hear any whining. You watching the same video or just complaining about Craig again
Those UGLY Black Wheels don't do the Range Rover any favors!
Can't believe how awesome this is!
I found out a way to save a lot of time. I just dropped into a dealership, took some pics in front of a vehicle and paid the salesman a few grand.
Figured it was cheaper that way, and I can show the pics and say I owned it for six months. 😂
Keep doing what you’re doing. I enjoy the expensive content as well as the cheaper easy flips. Trying to work my way to doing the same thing some day.
Should be called Bidenphonics not Bidenomics 😂
Basically you broke even or made a small profit, given that you had the use of the vehicle. Thats not the norm for most. Keep doing what you do, Craig
Hey Graig how are you enjoying PC? If you remember me I just moved to PA after living there for 30 years. I bet you can’t drive a mile without seeing a Corvette! Isn’t it crazy?
dealers arent willing to negociate prices that much. they paid more, the cars will sit on the lot longer, but the days of housr of haggeling are not there that much. ill drive mine for a few more years.
Your hilarious! Your excuse , I drove it for 3 months. You lost money again! Your making videos and are running a streak of loosing money. Take your cyber truck to that auction. Let's see how much you loose on it. Most people can't take loosing money, keep doing it and you won't be able to do it .
You’re !!
@ yes you’re!
I bet he doesn't mind losing/breaking even on some cars. He doing it for youtube content. same with the cybertruck.
@@Hello123-b7l I really hope you don't think he's doing it for U Tube content. He's loosing money from making bad decisions. He's like a kid in a candy store when it come to high end exotic cars. And I think he has lost money on almost everyone he buys. He didn't have a market for them at his dealership and he doesn't have the clients he needs to be successful at it now. Look at what his dealership is buying now. 1500.00 to 2500.00 dollar cars. That's where the market is right now, it's just he doesn't want to be classified as a low end car dealer.
I think Craig is a good guy. He wants to get into a tough market. The cars he wants to be associated with cost a ton of money and also cost alot of money to fix. He would like to make his money being a U Tube celiberty and buy a high end exotic car drive it for awhile sell it and make money. He might make it on U Tube but he sure hasn't proven he know how to buy and sell very expensive cars for a profit.
Don't take advice from anyone who can't spell 'LOSE' 😂
Now you have money for more high mileage cars.
Trade that cyber truck in or run it at the auction and get a urus or the aston suv. The cyber truck bubble is going to pop soon get out while you can
Would love to see a current market update video
This is why you should always consider Leasing new luxury cars...
That doesn't really save you anything except the hassle of disposing it later. Leasing means you're always paying the steepest decline in depreciation for every car. There's some relief if you can write it off for a business, but leasing is generally always the most expensive (albeit convenient) way to drive a car.
FL needs Land and Range Rovers because of all the snow, ice and extreme elevations in the mountains where those housewives live.
He almost sharted when you told him 75k 😂😂😂
L405 Range Rovers are cheap now because the next generation is out. You can get a nice 2022 for 60% of the price of the cheapest 2023s.
The trick is being smart enough to move your product when the ground is shifting.
Great video keep it up and thank you
Yup thanks to jo and APAC
Range Rovers, Escalades, benzes, ect. (Status symbol vehicles) all depreciate like iPhones. When the new generation comes out, the previous one isn’t worth shit.
Could have been worse.
The Lotus is my dream car no other. Never owned a sports car or high end car but always wanted to be that big guy (6 Ft) stepping out of a Lotus. I know you may not respond. How much did the Lotus sell for?
I guess you forgot to put it on acv. They must have screwed you just like every auction does to the little guys.
He doesn’t talk about them anymore. Wonder what happened 🙃
What is the tax on 61k in Florida, around 7 percent, add that to the loss.
I get to sit thru a 5 minute Baerskin ad before the video even starts
Thanks for watching!
UA-cam premium bro
I like the dude you bought that from. Wonder what he bought in its place.
Reminds me of early 2000 with ,com bust. Similar thing happened to me with a car.
Your bet is correct Craig, we all love seeing you lose money. Keep up the great content! I’m subscribed and liked the video even though I am a hater troll 😂
High end car prices are crashing! And I'm the last guy to find out.😅
1:42 is it wrong that me at 33 Really likes the Cinnamon interior? Normally this colour screams old man but I actually quite like this
So... brand new Range Rovers depreciate a lot?? Who knew?
😂 status symbol pos suv. Of course its worthless.
Could be worse you could have had a e-tron.....
I think it's typical that you'd buy a car that is depreciating so quickly and by so much. Bad plan, Craig.
Yes, you can say you got a good deal. But why don’t you go back to the basics. Buy a car, fix it, clean it, sell it AND for a profit. Not spend $1600 to drive a Land Rover for 3 months
Because he does do that he just don’t post it not everyone is really interested in that
@ I feel like his channel is changing and that’s a bit of a bummer
What did the 2015 porsche gt3 sell for?
That vehicle worth fifty thousand😅
He got 61250 for it, so to buyer and seller it’s worth 61250
You're banging out good content! Welcome to FL. I found your channel a few months ago. I watched your videos to pass the time. Now I really look forward to your videos. Keep up the good content!!!
Auctions get the worst prices because dealers need to resell them to regular customers.
So you see , Aston Martin puts yellow 60 dollar stripes on the seats and calipers and clown like this buy them, than lose 40k a year, only in America.
12:16 "Don't have to insure them."
What?
Yeah, That caught my ear also.
Most of us are better off than 4 years ago. We’re all better off being able to vote again.
I know, and this jackasz probably voted for Trump both times!!
I'm favoured financially with Bitcoin ETFs approval, Thank you buddy.$28,600 weekly profit regardless of how bad it gets on the economy.
Same here., I strongly agree that the Bitcoin ETFs approval will be greatly life opportunity for us, with my current portfolio of $102,500 from my investments with my personal financial advisor Steve Miley I totally agree with you😊
YES!!! That's exactly his name (Steve Miley) so many people have recommended highly about him and am just starting with him from Brisbane Australia...🇦🇺
He's my family's personal Broker and also a personal Broker to many family's in the United states, he is licensed and a FINRA AGENT in the United States.
Steve Miley has really set the standard for others to follow, we love him in Canada🇨🇦as he has been really helpful and changed lots of life's
The very first time we tried, we invested $1000 and after a week, we received 4500. That really helped us a lot to pay up our bills.
Leasing is the way to go if you’re looking to drive expensive luxury vehicles. Never have to worry about depreciation or an unexpected accident which would generate a car fax.
Cyber trucks what are prices in auction the hype over
Where else in the world can you drive a Range Rover for $500 a month? Buddy, that’s a W in my book💪
Not really he was talking shit in comment section he was going to be making money that's not making money. Not a really good business practice lmao
You are the perfect customer that Vegas wants.
120 to 61 and you still overpaid.
Why are you surprised on range rover prices?! All luxury cars are loosing lots of its value in the first 3 years.
$533 month not bad 7 yrs old carmy run lowest $123
History Range Rovers do not ever hold their value
Was debating with someone in comment section that you would make money.
I have never seen a video of your where you made a profit
I dunno, man, this is feeling too "click baity" for me. What would normally be a single video of selling your Landrover the entire process and showing your $1,500 loss is now 2 videos posting about that $124,000 value... which if I'm remembering correctly is AFTER market adjustments so YOU did not pay that and it's highly deceptive when you told the Auction House that it was that MSRP because that was not true. Would it have been the same bid if they had known it was $105k or whatever the true MSRP is? Dunno.
Anyway, just my opinion. I'll still be watching future videos :)
If you were a buddy, you would have just took it to the cell for your friend.And soldier form instead of trying to make money on it😢
Gift box? Whats in the gift box and why?
Um when are we gonna see the new big bird and your flipping to get a lambo or gwagon or a aston martin or an porsha oh when are we gonna get a new tour of your new car dealership lots we are waiting patiently
Junk Rover.
Always buying junk and losing money
This video alone will make you more than $1600, so you made money on it.
I don’t understand how you continue to exist, every time I look at one of these videos you are losing money on a car trade, how do you do it?
Time to get a LC500🧠
Did you fix the Ferrari yet?
Knick knack patty wack…
How many times can he make the same point in one video?
Ok so the car was new 124000 but somehow you paid 35.000 for it right? And there was something wrong with it but that was nothing...
Yeah Craig, you make a lot of money breaking even.
Elections have consequences, let's see if the public has learned anything or are we going to continue down the path of non business people running the economy.
Donald has had multiple bankruptcies and is in debt to cities across the nation for his rallies. If I know one thing, that’s the kind of person I want running my country.
@@johnharper5437did you say running or ruining it!
Please look up the definition of the word "literally". Thank you.
That car new now would be over 200k.
Craig, it's your channel. You can make whatever content you want. I really love your content about cars. But we'll never agree on politics, and I watch a car channel to get away from politics. If you want to do politics, why not start a political channel (to which I won't subscribe) and then everyone will be happy?
Biden-economics.
I fast forwarded through 95% of the video BS looking at cars noone can afford or wants to see. Just curious what you were gonna lose.
Thanks for watching!
That’s why your average Joe .
He has another video with his brother Adam on it. Much more entertaining seeing Adam buying the cheap stuff and building a business. It many videos being posted there though