The Truck Market Finally COLLAPSED. And Buyers are DONE Overpaying!
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- Опубліковано 30 кві 2024
- I traveled to more than 4 Dealerships to show you guys what current inventory and easily identifiable discounts look like. Not only are interest rates super high right now but MSRPs have gotten out of control. Thankfully many of the dealers are finally coming back down to Earth on their pricing below MSRP.
Thoughts?
2024 Toyota 2024 Ford F150 2024 Subaru 2024 Silverado
#trucks #Toyota #Ford #Chevy #Subaru #hyundai #f150 #4runner
Refusal to buy is always the consumers' strongest weapon.
Nope most people are impulsive. 🤦♂️
If only the consumers were more intelligent
@@colestaples2010 : Going to make 60 monthly payments with interest 🤦♂️ , I understand making payments for a Toyota Corolla/Camery/ RAV4 that lasts 25 years .
But a average Truck … Nope.
@@ProfessorFicklepayments on transportation means you can't afford it. No different than putting a vacation on a credit card.
@@treasurethetime2463: Toyota will last you 29-30 years , worth it .
Don’t get me wrong I have purchased used cars Cash/cashier Check .
Folks! Keep up the good work. Let the junk rot on the lot!
My Ram dealer has 3 brand new 2022s with tires and lift kit. Still sitting! Love it!❤
That’s awesome, lol. Thanks for sharing! Hopefully they decide to drop their prices to fair market value.
Remember, a fool is born every day so someone will eventually buy that GMC truck at or above that retail price.
Usually a Genz or millenial that still lives at home with parents.... yet complaints about their financial position.
@@Kevin-mk6joLol, i dont fall under either of those categories as i sit between the two however its the old age fools who got us into this pos predicament in the first place. I served nearly 20 years military and have never owned a new car. Not one. I own a 1990 ranger, a 2019 Indian Scout and a 2017 Chrysler Pacifica (all used) and home costs are far and beyond irrational. No, its not my generation but the fools before us who did nothing and allowed all this harlotry. And i have a century of proof.
There’s definitely fools in every generation. But I really hope that 2 year old GMC doesn’t sell for twice what it’s worth is. Imagine buying that, and trying to sell it back to the dealer a month later. What would they offer you? 45k, maybe?
@@AutomotiveAnonymous208
Exactly. Upon the return, the dealer will claim it has depreciated 20% upfront. Then check the idling hours, look for small micro scratches, the tiniest paint chips, dust on the dash and carpet, and so much more to get it to a $45k buy back.
@@AutomotiveAnonymous208 yeah truth. Inflation is a massive tax on the entire body of the United States. Taxes are pretty irrelevant at this point. Unless they reduce the massive tax they've placed on us, which includes the incoming AI, i fear the American people will need to delineate from the corporate America to see a retainable future. When the treasury hedges debt against the body this is what you get. They did this in expectation of a new industrial revolution. I dont think they give two shts about the American public or the world for that matter. I mean, congress is required by law to be equals under the law and yet here they are usurping the law. They cant sell us out but themselves. However that doesnt mean they cant hedge the world against itself to their own delusional benefit.
What I've witnessed the last 3 years ? Automotive dealers screwing people with high prices - - MSRP + dealer markup and making record dealership profits ( they REALLY enjoy that ) , now its time for consumers to let the inventory sit and get dusty until the dealers come back to reality with their prices / incentives.
It's not the dealers. It's the dollar and it's dead.
It's starting to get rough out here$$??
My friend went to a local Toyota and told them, he’ll only pay 54k for a new 4 runner. Dealer ask him how did he came up with that number. He said it’s consumer market, so he is making a market adjustment.
After the last three or four years, I want the entire auto industry to be reset. Lose the UAW and the manufacturers have to sell the naming rights to these vehicles to companies that are actually going to give the customers what they want at prices that people can afford.
@@kennychao4143that's still too much. Cool story though.
I've had my daily driver for 20 years. In today's economy, the longer I own it, the wealthier it makes me.
Well said.
That’s awesome!
Yup. I've got 2 vehicles the newest of which is 17 years old. Combined they have well over 600k miles. Both run just fine and I'm not planning on replacing either one any time soon. They made millions of both of them which means there are tons of new and used parts available. I'll drive them till the end of time if I have to. I can rebuild them both cheaper than buying one new car.
'98 Lexus with 84k miles!!! WINNING!!!
Im with you, 2015 Honda CRV, 40k miles on it, 32 mpg! Gonna drive it until the wheels fall off!
You are right. It's not only prices, but there really isn't anything being made that turns my crank.
They are all the same.....like they all ran out of ideas at the same time and all the brands share one designer😂
I’m with you. You could buy a helluva’ fleet of nice older vehicles for 100k.
That’s for sure! My channel is primarily for car reviews and it’s not often I get overly excited to drive something. Or that my expectations are actually exceeded lol. But I will say the new Miata, C8 Corvettes, or modded LS engines get me a bit excited lol. The Raptor R was also quite good for a truck. 🤪
Everyday I hear nightmare stories from New truck owners. 2021 and newer seem to be unreliable and full of manufacture defects. Friend has had his 2023 (94k truck) at the dealer for the last month trying to diagnose an acceleration issue. NO THANKS!
Those plastic harley decals and those rims are 20k. What a laugh
LOL these dealerships are smoking crack selling truck for $90k. Let them rust on the lot , fellas !!!
Just a 6% interest rate on that is enough interest the first year to cover what the average car payment was a few years ago lol.
Let's not forget the 2025s will be rolling in soon.😊
Absolutely! Hopefully that will bring some rebates for 2024s. Unfortunately the 2025s will likely all have higher MSRPs. 😵
O boy…RIP
They are holding out on putting the 25s out lol
@@AutomotiveAnonymous208 how long will it take for them to change prices if ppl keep not buying cars and there sales months after months is down bad??
I have no clue as that would be a company to company decision but I just know the madness has to stop and people need to stop buying (primarily long financing) overpriced junk. If we’re being honest every long standing auto maker could learn a thing or two from Tesla. Become more in house and efficient in your manufacturing and lower prices as able. Most Model 3 and Y Teslas right now cost less than the average new car (after federal rebate), and quite honestly are more reliable, safe, high tech, and better performing. And their prices have come down multiple times within the same year this past year. They don’t just continually keep getting higher. 🤦♂️
I stopped buying new trucks when they all became luxury vehicles....not doing that ..nope nope nope
Yup! Trucks have somehow become a status symbol even though in many cases they’re a much worse vehicle to own and drive around town if they’re not used for their work based purposes. 🤪
They're the new sports car and they drive them like it. They floor is constantly and avoid any crack
People love role-playing as blue collar workers these days for some reason
Those rigs look like WW2 tanks , can you imagine your wife driving to the store for a gallon of milk in that thing! Where do you park those beasts?
I miss my little Ford Ranger that I bought in 1990 for 7,999.00 after rebait. It had a 5 speed manual transmission with a four banger engine. I drove that thing for 20 years and over 200,000 miles on it and hardly had any trouble at all with it .
Now I have 2002 Chevy Silverado with a 5 speed manual transmission and a 6 cylinder engine. It has almost 300,000 miles on it and still runs like the day I drove it off the lot. I haven't had a car payment in over 15 years and don't plan on ever having one.
For my daily driver work car I bought a little 2014 Ford Focus that gets about 36 miles to the gallon that I paid 3000 cash for and has been running great for the last couple years, So I'm happy.
Yea, I also miss my old Ford Ranger.
Exactly! Thanks for sharing your examples. I actually just drove the all new 24 Ranger for a vehicle review. Cool truck but definitely not very similar to the original first 3 generations of Ranger.
anyone old enough to remember in the 80s when you went to the coliseum to see trucks like these driving over crushed cars? now they're a normal daily driver.
This problem is caused by people who mortgage cars they can not afford. The manufacturer is just supplying what the consumer wants
That’s a nice looking Miata in your picture! I’m sorry I can’t remember right now if you’ve commented on any of my other videos but I also have a MX-5! 🏎️
This video deserves to go viral !
I’m glad you think so! 🙂 I make these type of videos at least 1x a month to help spread awareness that this is a mess, but we can and must get it under control!
It's a copycat video. "The market has crashed" yet prices haven't come down. They've actually gone up. In the first minute of the video he says "The car market has been on the verge of a crash for a few years now".😂
I’m keeping my old car and save money. Thank you Car Dealers and Manufacturers!
Very wise!
What happened to the working mans pickup??
Its ashame automakers are shooting themselves in the foot. Because the working man is who made them.
There’s a reason repos are at an all time high.
2001 4runner and Sienna. Keeep your new cars. These two don’t die.
That’s a great combo!
My father always taught us to only buy what we could afford to pay for. He was born in 1929 and was a concentration camp survivor who became successful in this country by working really hard, did not spend frivolously, and earned every dollar that he had. He didn't waste a penny. When it came time for a new car. he would save up and walk into the dealership and pay cash. Never had a car payment. The difference is that in those days, the price of a new car relative to the annual income of the average Joe was less than 10%. Today, it ranges between 50% and up to 100%. I'm driving a 20-year-old Acura and will continue driving it. I don't need to impress my neighbors.
Well said and great wisdom from your father. Thank you for sharing this and your own experience!
Takeaway here is only drive 99 feet off the lot to avoid depreciation!
Hahaha 😂
Actually, they are in touch with consumers. You made my point when saying if people don’t buy them, they will stop selling them. SO, ITS UP TO US TO PUT THESE CAR, AND HOME SELLERS ON NOTICE!
Dealerships of every kind are gouging the consumer. MSRP for a 2024 Honda rancher is $6600. Our dealer wants $8200 for it. A brand new Toyota Corolla MSRP was $21,000 last year. Now it is $25,000 this year. Parts are cheap. Just change water pump, timing belt, serpentine belt and wheel bearings every 100,000 miles and these vehicles will go 360,000 miles. In my area many of the early 2000's Silverados are still on the road with 360,000 miles. Salvage yard engines $800, transmissions $600 and transfer cases $400. It's a no brainer.
100% it’s much cheaper to maintain an overall well engineered vehicle that sells in high numbers like those you mentioned as parts are usually abundant and affordable. The worst truck I’ve seen is the 23 Tacoma TRD PRO was a 50k truck, the new 24 model is 65k 😵
Funny you should name early 2000's Silverados and Toyota Corollas. I own an 02 Silverado with 370k miles on the original motor, transmission and rear end. Still doing just fine. I also have an 07 Pontiac Vibe which is just a Toyota Matrix with a different body and the power train is lifted straight out of a Corolla. It has 258k miles, also doing just fine although we're trying to figure out a hot engine hard start problem right now. Those cars will go a half million miles if properly maintained and mine doesn't burn or leak a drop of oil at over a quarter million miles. Buy the right vehicles and take good care of them and they will last a long time.
@@Barneyrubble241 When a vehicle is hard starting after the engine is warmed up, that means that you need to replace the fuel pump. They will start just fine when the engine is cold.
@@Barneyrubble241 My buddies 2003 Duramax has 400,000 miles on the original engine and transmission. He does have to change fuel injectors every 150,000 miles because it experiences hard starting at that time. He said on the 6.0L gas ones that when they have low oil pressure, that means that the o-ring on the oil pump tube needs to be replaced. His 2000 6.0L has 335,000 miles and has had an engine tick for the last 35,000 miles, but amazingly it just keeps going!
@@MyLifeThai371 Good old diesels. I have an 01 F 250 7.3, 330 thousand on it, runs perfectly no leaks. And as a plus it is a ZF6 Manual transmission.
Wouldn’t want a car that’s been sitting unused as long as these 2021 and 2022 models
Considering antique cars become fragile from lack of use I do wonder how these modern cars are going to break down from sitting if they continue to go unsold
Totally insane prices - at least 50% too high.
Your correct on That I sold my mother's 2015 Lincoln navigator for $15000, had 90000 mile it, it was sad, it was in great shape. That vehicle loses about $8000 dollars every year you own it.
Oh man, I bet the reality of that was painful. In another video I said something similar but I think about an 86k Expedition I found and then at another dealer that same day and video I found a 2014 Expedition XLT with leather and under 150k miles and it was like 12k 🤪
Stealerships call those "sticker upgrade"
In addition to the galactic pricing, you also have to register it with your state DMV and call your insurance company to get a policy! Vehicles for hedge fund managers and dentists.
I’m done buying with crazy mark ups prices.
Thank you!!
Outrageous pricing combined with out of this world interest rates. Who would of thought.
It all gets worse in 2025 with the mandated breathalyzers and auto braking if you speed (2027). All this crap has to stop.
This might be the magic sales tactic that these swindler dealerships have been looking for. Nissan Rogue and Chrysler salesmen take notes on how to get that shit heap out the door
Buyer will keep paying this outrageous prices and markups as long as economy doesn’t collapse.
I just don’t understand who’s paying over $700 a month for the “average” new car and not questioning that decision. 😬
Excellent video!! Thank you, Great information from you and everyone commenting here. 👌
Thanks for watching! I’m glad you enjoyed it. 🙂
Some good advice in this video!
Thanks! I put a bit of thought into this. 🙂 We have to help stop supporting the insanity lol. Buy vehicles that you can actually afford and if from a dealer find the good ones! They’re out there.
Mazda needs to bring back the B2300 regular cab manual non turbo 6' bed around 18 to 20K
Sell like hot cakes.
That’s for sure! That truck was also the Ford ranger, which I just drove a new 2024 (will post that video soon) and although it was very nice I definitely miss the simple days of what you just described lol.
Import one.
I have a 2007 B3000, I drive it 10,000km a year. Use it to carry everything, and twice a year to go down East. I have it under coated every Fall, nothing electronic, I'm good till I'm too old to drive anymore. 2006 Corolla for grocery shopping or to drive to the city 5000km a year on it.
I'm driving a 1994 Dakota. Was $14,000 when I bought it new.
I have 3 vehicles. A 1986 trooper. A 1993 fprd thunderbird and a 1980 honda cb125s. All easy to repair. I do most of the repairs myself. And honestly more fun to own. All three are older than myself and thats fine. Just work when i turn the key and dont overheat on me. Nice low insurance bill is awesome also.
And significantly cooler and actually unique to see on the road. Priceless
Imagine the quality of vehicles that will hit the used car market in about 3-5 years. The people who bought these overpriced vehicles won't have enough money to properly maintain them. Coupled with the dive in quality in manufacturing, there will be a sea of garbage heading to your local dealership. Those that survive.
That’s a really good point!
Yeeeeaaah nobody could catch me paying a few thousand from $100,000 for a truck see when I was 17 years old my mom & stepfather bought a house then in 1 of the higher class neighborhoods in Virginia beach back then it was pine meadows now we paid for a house built from scratch meaning we were the 4th or 5th family to move in to a livably new built house in the entire subdivision our house cost $95,945 & I tell u there's no truck on earth that looks like a house nor ever will be so I will never become stupid enough to buy a truck for the price of a house built from scratch if the auto industry had me to count on they all would garentee go out of business
I was taught, and I teach, vehicles are just tools. No more ,no less.
Yep they're just hunks of metal
Your figures are spot on... People need to listen to you. My guess is a lot of the fancy vehicles rolling down the road are leases.
Thanks for watching! And that’s a good point. Leases also really confuse me though because in general they’re suppose to be the most expensive way to operate a vehicle. And even if they’re a “business write off” for a small portion of those people who lease and you save maybe 1/3 of the lease expense in your taxes that’s still a lot of money spent each month depending on the vehicle. Basically vehicles are just objectively too expensive lol. 😬
When I started seeing a ton of trucks and SUVs on the roads years ago I just thought, "Gee, I guess people really like trucks," when in actuality it was just that a lot of automakers decided they were only going to make them regardless of what their customers wanted. Just another reminder that corporations do not make products for their consumers anymore, they make what they want to make and you can either take it or leave it.
I drive a 2008 Ford Explorer, the best vehicle on the road. What makes it the best vehicle on the road is the fact that its paid off!
💯
I’m surprised it took so long. The auto unions just recently got a new contract from the automakers. Now they’ll be facing layoffs, and they have no one to blame but themselves and their greed.
Near Long Beach, CA I saw on the Billboards $4500 BELOW MSRP On some nissan Frontier model king cab. Might of been bait sign.
Yeah, I wonder what the surrounding circumstances were. I was near that area in December and the few car lots that I had stopped at did not show very good signs of offering discounts.
Dealers ran out of fools to buy their overpriced cars/trucks.
A law should be passed, forcing Auto makers to print their actual cost to make a vehicle, on the sticker price!
When consumers see the enormous profit that they are making, per unit, maybe then, they will finally say "KEEP IT!"
That’s a great idea! Lol. More transparency please.
Got a 92 Sentra 2007 rondo 2010 Elantra touring and a 2011 fiesta se all long paid for low miles why would I even consider new?
I bought a 99 rav4 with cash to avoid this nonsense. It hasn't been perfect, but I'm learning to work on it and it's been rewarding.
Why do people think it's greed? Do they not realize the dollar is dead? This is what happens when money is printed into oblivion.
Despite the dollar being worth less I still think it’s a lot of greed and other inadequacies at the manufacturing and management level to decide to push such extreme costs to their customers. My real job is working in healthcare and I have seen first had how the love of money at the corporate level has deteriorated that field and the care they want to provide their patients with. Why would the car business be any different? 🤷♂️😔
@@AutomotiveAnonymous208 I disagree. It takes $460 to represent the same amount of gold that $1 represented in 1913. Prices are outrageous on eveything, not just vehicles.
And when your real income hasn’t increased since the 80s
As someone who lives in Canada, the sad thing is even if these vehicle prices come down a bit, they will still be ridiculously high compared to what they would have been pre-covid. I'll have to take a look at all the dealerships near me, but one Ford dealership close by is selling F150 XLs and STXs for over $60k (CAD). For a BASE truck!
You’re absolutely right, I just can’t believe the price of things right now.
I'm looking at gently used Toyotas....depreciation on them seems to be nothing. Even a few years old with up to 50,000 miles are only about $5k-$10k less than new pricing. It's crazy.
I agree 100% I buy a new truck every 4-5 years usually the Tacoma been doing that for 30+ years this is the first time I will not trade in my 2020 Tacoma I refuse to pay these prices it's just insane what they are asking for a new Tacoma insane
I looked at a 2021 Silverado 3500 dually Duramax 4x4 with only 3,500 miles they're asking $64,900.00 which I thought was actually low. Your thoughts?
Personally I would try to find what that specific truck was MSRP back in 2021, and then do some math to deduct “average” depreciation over these last 3 years. Or just KBB/NADA see what it could be sold for today, and then decide a price that you’re comfortable with based off of what it’s “worth to others”. Best of luck!
I don't think dealers consider that those exorbitant prices also increase insurance and registration costs, and the taxes are probably a years worth of financing alone.. if all of it is financed.
I put a lot of the blame on the public for spending the last few years frantically buying vehicles before they could even hit the lot. Even at ridiculous mark ups.
Couple years ago my wife and I were car shopping and we saw a guy at a dealer who just bought an F-150 for $40K over the 2019 price and he was upset. Not at the price but because he wanted to get a Bronco but the wait was too long so he settled on buying a truck for double what it was really worth.
Bro.... Just keep driving whatever you were driving
I sat inside several new trucks In a ford dealership where I live and there was lots of them. But none of them smelled like new in the inside . You know why ? because people are just opening and opening and opening the doors and sitting inside. They are just looking and looking and looking but are not buying. 😅
No bank will give a new vehicle loan for a leftover 2022. Will be a high-interest used vehicle loan for 20-30% below MSRP. Buyer must pay cash for any difference.
Buy a trailer hitch and a super new work trailer for the work you do.
I always buy my cars in full. I do not finance them because the interest rates are insane thanks to you know who. But a word of advise, buy a cheep used car or truck that is dependable. Heck I bought a 2001 Tahoe for $800 and it works great, I really like driving it more than my other cars.
Great advice and thank you for sharing your own personal example!
Have to keep them at least 10 years on a 5 year note. That's the break even point... everything beyond is GRAVY. As long as it's not costing in repairs.
😮😮😮 Unbelievable. Totally insane 😢😢😢😢
It’s funny you mentioned not seeing a lot of nice cars on the road. I’m in the Denver area, and I swear within the last 6 months I’m seeing more cars on the road with noticeable body damage and cars missing bumpers. I’m guessing these are the only cars some people can afford. Ford and GM leaving the ‘car’ market have removed a lot of cheap Focus and Cavaliers that were once there to buy used. I’m curious if anyone else is seeing more damaged cars on the road.
Oh very interesting! My brother actually lives in Denver and has talked a bit about how bad the drivers and cost of auto related fees/taxes/insurance are in that area. I personally don’t know, but the car market definitely seems to be different all over the country.
Every once in awhile I get the itch to get a new truck and then I see videos like this and I hug my 2010 lariat even tighter. It’s all paid off too. 170k miles but runs like a champ
I hear you! Thanks for watching and taking care of what you have.
A new one wouldnt last 17k miles without giving you a trip to the service center...
I'll keep driving my 2008 Tundra, thank you very much.
That’s a good option!
Guys i wanna buy cash a promaster 2018 or ford tramsit cargo. Which is better?
I’m sure there are comparison videos out there. I personally haven’t driven either.
great video but you forgot to mention the property tax on the vehicles. They are still getting me on my 2005 Dodge Magnum. I paid 20k for it when it was 2 years old and had 11k on the odometer. I love my hemi magnum. It ca sip gas on the highway if you keep your foot off the pedal but with the hemi it's impossible. It has the MDS which shuts off 4 cylinders which is great for highway. I've gotten 23 mpgs. I still have it looks awesome and is inferno red. I've customized it as well. Back in the nineties I used to buy cars/trucks often. You don't get rich that way. I've owned my Magnum since 2008 and it was paid off in 2 years. I keep it running like new. I don't plan on every selling it. By the way I still have to pay $60 a year in property tax on it which was 40 something a couple years ago. Always have the sunroof gowpen the windows down and metal noise coming out. Who says you can't have fun at 63. Retired and happy to annoy others.
Great insight, and I’m glad you’re enjoying the Hemi wagon, those things are cool! My state doesn’t have property tax on vehicles, at least I don’t believe that’s part of the yearly registration cost. But I’ve not dissected that invoice each time because it’s also quite low in this area.
I live in Virgnia and we have property tax on vehicles for as long as you own them. Only way around it is to keep the vehicle until it's 25 years old and get antique plates. No more taxes or vehicle inspections. I have them on my 73 Charger and 76 Lincoln. 5 more years for the Magnum. I think the vehicle property tax rate is 3.6% and the state plays some game with a reduction of a little bit. I couldn't imagine the tax bill on a 100k vehicle on top of insurance and a payment and maintenance.
Oh very interesting information! Thanks for sharing this, it does seem to be different state to state. I know when my brother finally registered his Tesla Model Y performance for the first time in Denver he had to pay almost 5k for all the various fees and taxes added up. Insanity.
If dealerships are still trying the mark-up shenanigans in 2024, they deserve to be closed down. I hear about more and more dealerships closing here in Dallas because people are just not buying anything. They've started lowering truck prices well below MSRP down here and 0% APR, but they're still sitting. Love to see it... because i'm in the market and i'm trying VERY hard to HOLD lol
Hold your line!!! 😜
"adventure to your second or third job", sounds right🙂
Hahaha 😂
Crazy price!
Looks like the lots are full?
Some are and some aren’t. There’s a lot of inconsistencies between lots and towns. 🤨
I think I'll slap a Harley-Davidson sticker on my eBike to see how much I can sell it for.
2-3x 😇
Most of my middle class neighbors now lease, cannot afford new car payments.
Dealerships have gone crazy
Like P.T.Barnum once said: there's a fool born every minute its like more like a second!!??
Its not just the sale price, service costs at main dealers are $$$. Buy a good used car, service it through a local independent and never take a huge loan on a depreciating asset.
Exactly right! Thanks for adding this.
Prices are Insane!!!
My Irish grandma always says, "Only the poor look rich....They have to camouflage their own poverty.... It's ok to be poor and live a peaceful and honest life." Oooh....ain't she right every time...
I bought my gently used 2019 Tundra just before interest rates started going insane and I actually got a pretty good deal on it for the prices at the time. So glad I don't have to buy a truck right now. Can't wait until mine is paid off and I can drive it for forever.
Well done! That’s a good plan on a good truck.
Have bought used cars since 1977 and the most i have ever paid for a vehicle is $13k. Driving some pretty nice vehicles for that price. Own a dozen vehicles.
That’s awesome!
It took me several months of shopping. I finally found a 2024 Ford Ranger and I got it for 34K. It’s an STX but it’s fine for me.
I’m glad you found the right truck for you and at a good price!
I was done overpaying in 2019! I'm driving my car till the wheels fall off 😅
💯
Come to Canada! The prices are even more!!! It’s insane 👎🏻
Ouch 🤕 thanks for sharing this!
Issue is every vehicle for some reason has to be a "luxury" vehicle. Gone are the days of a simple, reliable, safe car thats affordable. Looks basic, has basic features, but gets people where theyre going. Now the most basic model car has to be "luxury" and the worst part is they arent even nice... just overpriced plastic and chrome that looks flashy but brings nothing.
Now there hiding cars. So it gives the appearance inventory is limited! 😂
I’m not sure that these dealers were, because I sort of know the area and surrounding locations. But I’ve heard quite the number of other dealers have done such things. 😵
@@AutomotiveAnonymous208 carmax is doing it. Seem 2 car carriers by me dropping cars off there carriers in an empy lot. All the cars had carmax tages on them. And carmax is like 45 minutes from where they where unloading the cars.
Ive seen upwards of 3k for 2005 Toyotas
I can’t find vehicles that are of the base trim level. Everything is higher trim packages.
Yeah, that’s part of the problem! 🤦♂️
“Probably” more reliable…… you mean definitely or absolutely maybe positively!!
The CEOs who make $30 million does not matter because $30 million is nothing in comparison to how deep their pockets are at these manufacturers
2000 F150 still running. Last payment was October 2004.
Think of all that money I have saved in car payments over 20 years. At $350/mo. (years ago), Thats’s $84k.
That’s awesome!!
Let me correct you on that. The car is used once you sign the paperwork. Unless there's a warranty and depending on what the warranty covers it does not have to make it off the lot.
Thanks for adding this correction! I can’t imagine the trade in value on that 22 Sierra once it’s been titled… maybe 45k? Lol… 😂
It's enough of an adventure trying to buy a new car. The salesman is back from his third trip to see the manager, hair is wet sweat stain on his shirt, looking disheveled. Panting ok... Good... News... I was able to get you another 20‰ off the window etching.. And because I like you throwing in the nitrogen in the tires no extra cost..
Paying interest on a depreciating asset = bad idea. I'd love to have fancy new cars, but not enough to have car payments!
I like this guy, glad he was suggested.
So this goes with the fact that the majority of the population can't imagine what they look like if they close their eyes and can't answer simple hypotheticals.
Example: If you bought this expensive car, had it repoed, then had to walk to work, how uncomfortable would you feel in the summer months?
Most people can't cognitively process the above scenario.
I’m glad you enjoyed my video! Thanks for watching. 🙂
UAW pay raise, reflected in a lot filled with vehicles that aren't selling.
They did their best to price gouge the consumers.
How much does the “Honda” truck cost?
The 2024s seem to having a starting MSRP around 40k USD.
I don't think they are "done" buying, just got stuck recovering financially from some stupid purchases 😂
Haha 🤪
I bought a $3000 car about 7 months ago. I am happy
That’s awesome!!
companies whose CEO rack up 20M$ in bonuses aren't going to lower their prices. The customers will cave in first, whatever they say on social media.
People are done with overpaying at the gas pump as well everybody’s buying motorcycles 30 dollars for an 8 gallon fill that’s bull shit.
Maybe they could accidentally leave the keys
in it and hope their insurance pays the claim?
... it's obviously not going to sell...
They need to get back to the basics. I'm curious what that could be with all the government regulations now a days. People just need a reliable affordable set of wheels, not an entertainment luxury starship.