THIS Will Put FORD OUT OF BUSINESS!
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- Опубліковано 19 жов 2024
- THIS Will Put FORD OUT OF BUSINESS!
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
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*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices
I don’t have a scintilla of sympathy for these dealers. They gouged the fuck out of people in 21 and 22.
And a bunch of them are liable to be repossessed……
kinda hard to blame the dealers alone. people got wait lists to buy new vehicles they didnt need no one forced them.
You're right now they're reaping what they sowed😊
The dealers were selling a commodity at a price the market would support. If there's blame to be laid beyond the idiotic, uneducated American consumer - then it should be laid at the feet of the Federal Government and the Federal Reserve who enabled this type of behavior with absolutely terrible monetary policy - basically dropping cash from helicopters - and led to a glut of demand. It resulted in the catastrophic inflation we are still experiencing and a lack of supply on dealer lots which caused prices to rise. Go discover what a supply/demand curve is. Then go push the demand up (due to terrible monetary policy) and this is the result. To summarize: Anytime the government thinks it can mess with the economy, it turns into a disaster.
@@nothingtoseaheardammit ok boomer
Expensive vehicles and poor quality? Who could have seen this coming? 🙄
Yup! It's not a matter of what I *can* afford....It's a matter of what I am willing to *pay* per month, if I am financing. Anyone who pays more than about %10 of monthly takehome on a depreciating asset, like a motor vehicle, is stupid. What I can *afford* and what I am *willing* to pay, are 2 different things.
😅😂😅
GM got away with it for a long time, they were just bigger
A person as blind as Ray Charles can obviously see, not jest ford ,most o.e.m. manufacturers is absolute garbage the build quality way,way down ,grossly overpriced solution: go back to they built vehicles 20 years ago.make them more simple, and get rid of most of tech and electrical crap that costs thousands that the average customer does not at all need.
You forgot Ronnie Milsap and Stevie Wonder 😅@@DanGilliland-pi4vh
the public doesn't need to be educated about EVs, manufacturers needs to educate themselves to build what thier customer wants and can afford.
Big corporations to busy kissing the government's ass.
Ding ding ding!!! What a concept, huh?
@@johnmcnamara4880 big corporations to busy kissing the government's ass
@@JimThompson-i3u
People want affordable, safe, RELIABLE vehicles but they refuse to make them.
@@EgGu-l9y MSRPs could be lowered quite a bit by leaving out all the surveillance tech BS.
Stop telling customers what car to buy and start producing cars that customers want. Pure and simple
Pure and simple politic rhetoric.
$70,000 + Trucks won't save Ford, the banks are pulling back, people are flat played out and Ford quality sucks. Take the electronics out of them put the money into quality engines, transmissions and rear ends. Build them Tough again, not pretty. It's not about education for EV's. They are not practical, right now - when people are supposed to buy them. Lack of range, no charging stations, lack of electrical infrastructure, high prices and crap quality. Then there's the fire risks. I've been driving 50 years, never had a vehicle fire - sure, I've seen them. A few.
They don't lack range, that's just marketing - and some of the unnecessary crap owes to it - like the little pump that runs to keep my wife's fuel fresh and kills her battery because her 400-mi fuel tank is too big for someone who drives normally.
Did anyone ever stop to think there might be a damn *reason* few ICE cars had a 300mi+ range when gas only weighs 6 lbs/gallon?
The market isn’t the issue it’s Fords incompetence and excessive price.
its the worthless democrats and the policy they implement on the American people to keep power,, ford just falls into line blindly tanking there own company... shit cars and trucks and the taste of kamalas afrobush in the throats of CEOs. they cant lower the price they are at the lowest already for them..
No one wants EVs
And piss poor quality. 😮
@@bobmiller9313Exactly. The public isn't gonna fall in line like they want us to.
GM and Dodge are the same way. Ford want be the only one to loose their behind. Trust me on that.
Shopping for a Ford is like shopping at Dollar General with Neiman Marcus prices.
Lol, so true but it's not just Ford, GM/Chevy and dodge/Cheap are all the same.
That's why Kia hyundai and Toyota, Honda struggling less.
@@tech29X
Yea, they're all unreliable but Chrysler/Jeep/Ram are by far the worst followed by Ford followed by Chevy/GM.
@@EgGu-l9ydon't forget Kia
Ikr!😂 Anyone with common sense knows Ford has never been good cars!
$75,000 for a Ford electric truck. Go kick rocks Ford.
Still less than many of their ICE trucks. Have you driven one? They are fantastic! Not kidding. What is killing it thought is all the legacy ICE components that are not needed in an EV but since the Lightning is still very much based on ICE components it destroys a lot of what makes an EV better. Should say $75K for ANY truck, go kick rocks.
You are correct, $75k for any truck is ridiculous. This is why we must push to keep percentage rates high.
You're just not educated 😊
@@atw9913At least ICE trucks can actually do some work.
Don't forget, it's also useless!
Who wants to buy a car that takes 30 minutes to recharge when you take a trip, a gas or diesel vehicle can be refueled in no time. Seriously who has that kind of time when they travel?
Sad thing is it takes hours to fully charge empty batteries
No kidding. That's assuming can FIND a charger that works or exists at all.
Just a few years ago, an F-150 XLT 5.0L extended cab 4x4 was under $30K.
And they wonder why no one wants to buy a new truck now.
Gotcha. Looks like I’m still just going to keep fixing my old but paid for trucks. These prices are criminal
HOLD THE LINE, make them drop prices by 60%
This should happen with EVERY manufacturer.
Problem is WAY too many people want a newer/nicer car they often can't afford and WAY too many people can't (or won't) do basic maintainence on their vehicles
Even price drop by 60%, Ford is still on the bottom of the list.
You're living in a fantasy land if you think that the prices will drop 60%. If the prices do drop that much, there are near apocalyptic economic conditions that exist beyond the automotive market.
@@nothingtoseaheardammit and thats exactly what going to happen and those of us with cash will benefit from it all. Every asset market will fall into oblivion and I am all for it. There will be no bailouts this time either.
Not going to happen.
I was in a Ford dealership today, not one of the 20 employees I saw even acknowledged me and I eventually walked out after looking at their way overpriced trucks. They are still trying to charge pandemic prices today, a 58k sticker price vehicle they were selling for 68k with dealer mark up. They had a truck for 132k, that is absolutely insane. The lot was full of trucks, a lot of trucks, I know they can't be selling, they are just sitting there at those prices. You can go for all the big margin cars you want, and avoid the more affordable low margin cars, but you get no margin if they are not selling, you get bankruptcy instead, I think that's where their going if they don't get their heads out of their butts and start looking at the reality that is punching them in the face right now. By the way this is exactly what happened in the 1970s, they stopped making cars people wanted, their quality was garbage, they kept pushing big expensive gas guzzling cars, and the Japanese came in and wiped the floor with them. It's amazing how the people in charge of these big companies are some of the most incompetent people in the entire company.
To quote the economist Adam Smith, “the sole purpose of production is consumption.” The idiots running Ford into the ground do not seem to realize this 😳.
"It's amazing how the people in charge of these big companies are some of the most incompetent people in the entire company."
These execs sound like the generals who are always ready to fight the last war but not the current one.
Stupid Ford invested heavily in gas guzzling trucks and SUVs.
And the days on the lot number keeps going up and up and up.
I’ve been to like 3 ford dealerships and been attacked by salesmen lol you went to the worst ford dealership you can find lol
GOOD LORD!
I'm from Detroit but I sold all my Ford stocks ages ago
You are not the run-of-the-mill used car guy. You are polished in your verbal skills and knowledge of business world.
They won't go out of business as long as government keeps bailing them out and prevents true competition from entering the market.
Us not Government
Ford was actually the only dealer to not take money during that big government bailout.
Ford is the only company not on welfare. Gmc and Chrysler are the only one on government sucking tt
Trumps Chinese import tax is hiting ordinary Americans in the pocket😢😢
@@jon-ie4li You really want a BYD EV? If you think Ford's quality is crap,..........BYD and other Chinese automakers have huge fields of CCP-subsidized autos seeing lot rot.
You are right about one thing. There is an "education" problem, but the problem is that the manufacturers need an education on why ticking off your core customer is dangerous for your company.
Remember when Ford made an affordable car like the Taurus? It used to be the best selling car in America.
Ford imported Taurus cars into Australia in the mid nineties.
They did not sell because the Taurus was rubbish compared to the locally produced Ford Falcon.
They have abandoned common sense and “Quality is Job one”!!
@@larrygriffin3171 Maybe that should be "Quality is Job None?"
I've owned Fords in the past and all of them were good vehicles. Their 300 CID inline 6 engine was legendary for torque at low speed, reliability, and long life.
I owned two of those, a 1978 F-150 and a 1986 F-250 and both were really good. My current truck is a 2006 F-150 and it has low miles and runs like a Swiss
watch. OK, so much for the history. Now it's more about what they have done lately and what I am seeing there is one screw-up after another. Their warranty
claims have cost them a bloody fortune. Worse yet is the owner disgust from needing all that warranty work. Ford, do your own R&D and don't palm it off on
your customers.
Had a 91 Taurus, original trans went out at 36k miles, replaced under warranty at 36 months. Replacement trans went out at 48k, about 1 year later.
Crown Vic’s were and still are legendary….they don’t make cars to wear down like they used to.
Now your car is screwed because of a tech error or something stupid like that.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
Marketing the bronco to the middle class and then pricing it only for the rich hurt my feelings. I wanted a bronco so bad but the bronco dont want me.
They started at $32k in 21. Mine with mid level package and the 2.7L with the off road sasquach package came under $44k.
The public doesn't need to be educated by executives on why they should buy EVs, executives need to be educated by the public on why we don't want them.
When a storm hits & the power goes out for a week? You can’t siphon more electricity from a storage tank like you can gasoline.
Meanwhile, gas stations are always open (generators, if need be).
I’ll keep my 1972 Dodge Dart with a 3spd. No computers or sensors. I paid $2700 for it new in 72. Not being cheap, but I like the car. It doesn’t collect info on me. And I can do my own work on it.
Thats badass
Because your internet browser and Google isn’t doing that 💀
$68K for a Ford Bronco? Worth $35K at most.
The $35K is what it's worth when you drive it off the lot...
Back when I thought $35K was high.
$35k is generous lmfao
Try 15k maybbeee
Exactly! All these vehicles nowadays are grossly overpriced. I drive a 2001 Ford explorer sport trac. Greatest truck ever! Fits in my garage, I don't need a ladder to get into it, and real 4×4 not all wheel drive crap. Everywhere I go, I get guys asking me to sell it to them. I will never sell it and hoping to have it at least 10 more years! Yes I have done lots of preventative maintenance, but no vehicle payments and literally penies for insurance. I literally can bring it to shows, and I live in Niagara Canada. I bought it for 10,500.00 when it was 13 years old with 50,000 km on it. It now has 160,000 kms on it and looks brand new, well better than new actually.
Seeing a ford lightning in public is like seeing a rare Pokémon
Build what the buying public wants and can afford. It ain't complicated.
A guy named henry did this back in the day he figured it out make lots and lots of cars and make them so cheap his employees and everybody else could afford them.............
A small, simple, cheap but durable enough Ranger that can be easily repaired, upgraded or customized by somebody in their garage would be nice.
Hard to imagine a company losing billions and still staying in business.
Government helping them
Just be patient time will come.
if you imagined harder you would have googled the revenue of ford and realized their $176 billion in 2023 revenue provided $10.4 billion in earnings before interest and taxes, which would suggest profitability. i'm guessing you guys are at best highschool graduates and staunch trump supporters by the way you so confidently boast unsubstantiated foolish claims. pathetic really
All those loans and grants in the past few years from Biden.
As long as the upper executives make their millions, no one who matters cares.
Thank God I sold my Ford shares years ago. Have NOT missed them at all. Found On Road Dead is the back in style!!
Me too. Dodged a bullet. No pun intended.
I think SCHD ETF put this in their basket that I own. Sigh...
Fix Or Repair Daily
I'm in Vancouver and I put down a deposit for the F150 lightning 18 months later when it came in it was 20,000 more than what was agreed to based on "market demand", I bailed on anything Ford since they
Was looking for a new SUV. Went to several Dodge dealerships as I wanted a Durango. Cars had been sitting for ages and no customers were anywhere. Groups of salespeople standing around. Asked about a new Durango and they wouldn’t budge on the price even to move the vehicle! It had bird poop on it from sitting so long. Went to Toyota and ended up buying a 4 Runner. Had to order it two months in advance and the dealership was so crowded there was literally a line of people there waiting to buy cars. These companies really need to look at the Japanese!
If you'd have bought a Durango you should have checked yourself into the Betty Ford Center.
I desperately need another truck , but I refuse to get screwed over at a dealer …
I've always opted to buy an older vehicle. I'd say just go for a decent used truck. Prices are still high, but at least you know it didn't self destruct at the 30k mile mark like newer trucks seem to be doing.
Buy a used Tundra before the body style change, they are very dependable. It's nothing for them to get 300k miles with no issues. The new ones suck.
@@highping1786 what year model did that happen, if I may ask ??
@@donaldmartin4980 1910
@@donaldmartin4980 The new model came out in 2022 , they all have a twin turbo v6. The good engine is the discontinued 5.7L.
Miy 2023 has 21k miles and I'm on a waiting list for a new engine on top of the other problems they can't figure out.
I know all the car makers are watching your channel. Thanks
Dear ALL DEALERS AND AUTO MAKERS, Go Kick Rocks with them prices.
make more money and try harder to live within your means. poverty mentalities like yours perpetuate hate in any market. i would argue your sentiment compounded with the housing crisis is responsible for our current uptick in antisemitism.
@grizzly311tr ? Lol kid, I retired at 42. We make great financial decisions here. Zero debt. Lol and I have a Master's.
@@grizzly311trThat’s one of the most ignorant comments I’ve ever read on YT.
@@mitch1161 confirmed another poor, hide the money yall!
@@grizzly311tr That’s hilarious! I still don’t understand how anything in the comments causes antisemitism. As for being poor, you’re correct, I retired early & only have 1 cattle ranch in Texas. Right now, I’m at my apartment in Vietnam for a month enjoying life with several other retired friends. Yep, it’s rough having only 1 estate in the US & 1 property overseas with no need to work because of high net worth. You should stop being so nasty in the comment section & focus your energy on more positive endeavors. Calling others “poor” when you don’t know their situation is either arrogant, ignorant or a hidden inferiority complex, I really can’t decipher your motivation. Anyway, best wishes to whomever you are & you can go kick rocks as well. I’ll give you the last word since I know your nasty disposition can’t resist more negativity. A word of advice, strive & achieve financial independence, then you will not have the time nor inclination to make nasty comments online 😘
That plant now destined to build Superdutys is in Oakville Ontario. Ford planned on making E motors and E vehicles but finally realized the market won’t support it. They used to make the Edge, a very popular SUV that should have been kept there.
Funny seeing the lot full at this Ford dealership. I went to pick up my Tesla Model Y last Friday and the lot was full. BUT the lot was full of new DELIVERIES…like mine. Not one parking space for the wife to park. She had to drop me off so I could get the car and show it to her at home.
It’s funny, in the old days we used to call FORD - Fix Or Repair Daily.
Found On Road Dead
Ffin old rebuilt dodge
AKA=Found On Road Dead. Or F*cked Over Rebuilt Dodge
FuXXed On a Raw Deal
Yes. and GMC was Garage Man's companion ;)
Ford used to have a saying that Quality was job 1. Hasn't been that way for along time...
It never was. It was merely a marketing slogan. Ford always produced turds.
Ford is going to ask for bailout! The answer is NO!
They didn't ask for a bailout in 2008
they didnt ask for a bail out in 2008 or they didnt take the bail out in 2008
They're not going to ask for any bailout genious.
@@timtroia3785 Ford never asked to be bailed out. CEO's of Chrysler and GM went to Washington and asked. GM CEO's got blasted by congress for taking a private jet there. It's a lot cheaper to drive. If the government didn't bail them out we would have lost 10's if not 100's of thousands of jobs. They also paid it back.
I accumulated a total of 89 thousand today. I am truly grateful for all the knowledge and information you have given me over the past few weeks. I started with 5 thousand 2 months ago .God bless you Deborah
Can I also do it??? My life is facing lots of challenges lately
Alright thanks for the recommendation, but how do I reach her?
Hallelujah! God still works wonders, I place myself in position for such miracles and testimonies
So nice to see Deborah talked about here, her good works are speaking already, and like wildfire she's spreading.
This is quite needful but for beginners you shouldn't settle for videos alone or you see yourself loosing all your money just like me when I started trading with this videos on here, we should be prepared to contribute
The more money I make, the less I spend it on a vehicle. I still drive my 2000 Ford Focus 5 speed beater and a 2005 F150 5.4L with 330k on the odo. My coworkers all drive the latest and greatest and most of them make way less than me - they all make big payments. I rather keep most of my 150k / year and not give it to stealerships.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Ford might want to consider building their vehicles the right way before they allow them to exit the factory. Just a thought...
All the warranty costs have to be more than just making everything in house like they used to.
I tried like hell to make a reasonable deal for an F250 this month. I have several thousand shares of F stock and wanted to support the brand. I ended up getting a SIlverado 2500 instead. When a work truck package F150 is nearly the same price as a modestly equipped 3/4 ton.... you have an internal pricing issue.
Don't forget to dump those shares F💩RD 👋🏻🥴
People were waving money in hand to buy base model hybrid mavericks when they first came out for $20k. Supply issues and dealer greed with 50% dealer mark up ruined that
Ford also discontinued the base model Bronco, doubling down, plus raising the MSRP. The same supply issues and greedy dealer mark ups ruined a lot of interest in that as well
Could you imagine a car or truck company making a car like they did in the 60’s or 70’s , just a raw basic vehicle, it would sell like crazy, these manufacturers are fucked
It would be impossible with current government regulations in place. Things like every new car must have a back up camera drive the price of vehicles up.
@@dmac3093that’s why the $10,000 Toyota can’t be sold here. A real throwback to rubber mats, crank windows, stick shift and no A/C. They’d sell a zillion of them.
@@dmac3093 yes but it's not for safety features it's for tracking and immobilization features, this is also why they needed 5G towers check hyundai bluelink safeguards alerts and know that they already changed the user license agreements going from alerts to "remotely activated if required by law" they have a CURFEW limiter think 4 years earlier..it was just a test they want to do much more
Toyota is coming out with a bare-bones truck soon.
That stopped when Hyundai came in offering all the extras for the same price.
Anyone who didn't see it coming is living under one hell of a rock, expect the same for the housing market and it is going to get very exciting to say the least come next year.
brother youre not answering the questions we really want to know. What happens to these units that havent moved in 2/3/4 years ? these brand new trucks with no miles, not leased, brand new, what happens now? do the prices drop? do they go for auction? does the consumer get a shot at a lower price with these vehicles can you please explains what happens now? the market is going belly up for these big vehicles. NOW WHAT !!!! ???? love the content
Straight to the crushers
They get sent to a larger dealer who can sell the vehicle.
Re-badge it as a 2026 with a higher price tag.
10:17 Tesla is selling vehicles just fine, they don't need to educate people. They just keep producing better vehicles at better prices and using word of mouth to sell vehicles.
I got a 2022 Ford Explorer and I have been in the dealership a least 5 times and a the end. I throw out on Lemon Law.
We have a ford edge rental and it’s so cheaply made on the inside I would never consider buying a ford ever again. This is sad. I used to own several fords in the 90’s and I would never buy a new one.
Research Ford Edge water pump replacement, unbelievable
@@edwardautrey3671That engine has not been used since 2016 in the Edge.
General Motors vehicles are junk too all the new ones have problems with fuel pump modules, and when the car or the truck dies in the middle of the road, you cannot shift the shifter into neutral so if you run out of gas at a stoplight, you can't push the car off the road or hook a chain or strap to it to move it you're only choices to hire a tow truck to come pick it up and take it to a GM dealer because only they have the tool necessary to put it into neutral. I've been told that that's quite a process you have to go into the engine compartment and take off a bunch of stuff just to get to it. I'm sure people are unaware of this problem. I would never buy a vehicle like this. These vehicles should all be recalled for this fuel pump, module problem.
I just saw a video about the fuel pump problems and not able to shift them into neutral. That's crazy.
Should be recalled for the shifting issue as well.
"I've been told"
So this has never happened to you?
THEY ALL BETTER start selling smaller, much, much more affordable CARS that people want AND can afford!
Enjoy the lot rot!
NO EV’s!
the only cars heading to smaller and cheaper are EVs. No EVs? thats simply spitting in your own face.
Bring back the Toyota Yaris, Honda Fit and Chev. Spark.
UA-camrs are soo smart. I've seen videos 5 years ago about ford going out of business. Last time i looked i still see dealerships on the side of the road. Anyone will lie for money these days.
Its like the House Market, build big houses, not smaller houses.
The problem is many fold. Though, like most things it is greed and short-sightedness on the company leadership.
Those running the vehicle companies want to put every widget and doodad they can to up the price of these vehicles.
Most people looking for a truck want the opposite. They want a almost no frills truck (except AC/heating, safety features, radio/hands free phone tools). They want a cheap truck they can take to work everyday, and not have to worry about if it gets totaled, will they go bankrupt?
Too big to fail, us taxpayers will become unwilling investors without any of the gains
Toyota Tundra's are going to cost almost a billion to totally replace 100,000 engines
At least Toyota stand behind their product, Ford will say it’s a bad design and go pound sand
Replacing 100k engines is really bad, they better have alot of mechanics.
Are you sure its 32 to 46k for a new engine.... at 100k units thats 3.2 to 4.6 BILLION DOLL HAIRS!!
@@noobjitsu1743 100,000 engines X $10,000 for engine, labor and loaner car each, comes to $100 million dollars. Of course it is "more than 100,000 engines" to be replaced. It takes about 21 hrs labor to pull the old engine and put in the new.
@@KyRipsnorter I know what the math is but I thought/think that these engines come in at 3x that price. Whether they use my number or yours its going to cost a lot! 🤑🤑
News flash it isnt just ford with quality issues
Boeing is right there with them.
so true..mighty toyota is replacing 100k engines
I understand some people not wanting a Lightning due to their requirements, but for me its the best truck I have ever owned. Used 99% as a farm truck and it is insanely useful with the pro power in the bed. Paid 49K all in for a 23 XLT standard range and have owned it since dec 2022. Not a single problem yet. And you can never get the smile off your face when you press the go pedal. I just could not afford a 70K ICE truck to get close to the same capabilities.
I just traded out of my old pickup into a Subaru Crosstrek Sport. I only paid $28,400 plus tax and one small fee. I did my research for about six months. It was easily the most bang for the buck and reliable. I've been waiting for a good time to buy and now is a good time. I got 10% off list which I felt pretty good about. I really like Brandon and also follow Ray and Zach. I've been paying attention to what they're saying and it paid off.
I worked for a company that built high quality long lasting, and had LOW warranty issues. Then it got bought, and now it was "make it as cheap as possible." Management couldn't figure out why warranty repair/cost went thru the roof !! The Ford dealership I drive is packed full of nothing but trucks !!
Years ago I owned a 1949 Ford Flathead V8 easy to maintain just needed a screwdriver and pliers extra oil needed kept in trunk.
This applies to all of the big three.... The cars cost too much.... The quality is low..... And they are building vehicles that people want...
Car prices need to be set at what most Americans make 30k-35k on average but people on this income cannot buy a new vehicle today
I've been a Ford guy all my life.. but I think they should go out of business.. but most importantly I think general motors or government motors should go out of business. 😊
2024 f250 lariat for $139,000 that’s why they are in trouble on top of quality control
That could buy a small house just a decade ago wtf
But the poorly educated part of the working class got that covid money, decided they finally had downpayment money for their first brand new vehicle. The dealerships and banks saw them coming a mile away and only stocked higher trim models for ABOVE MSRP🤣
@@Skyking6976How could the covid money be enough to buy a $132K truck? On average how much did the government give?
@@marcpikas2859 There were several checks. I think the last one was $2,800. The dealerships saw these unsophisticated buyers coming a mile away. Workin’ folk mostly house bound with all that free money, unemployment money on top of that…never had that much in a house bank account, surfing the web for new trucks. Laws passed so they couldn’t be evicted. Ford and the rest had limited manufacturing so they only made the expensive stuff AND dealers added on “market adjustments” above MSRP but these folks were foaming at the mouth and HAD to have it. Now with credit cards so high they can barely make the minimum payment, that $1,200 truck payment is too much. Do they get angry with themselves? Nope…somehow it’s the president of the United States fault. How F’d up is that? Yeah…they were taken advantage of but it happens to them in micro examples all the time.
Lets make big expensive trucks because we make the most margins on them, if we can sell them.
In the UK we have trucks half the size. And they have enough space for all the building stuff you need. Why do you make the cabins so big. It's the back end that's important.
Bank extending car loans and people financing vehicles for 7+years allows people to “afford” more expensive cars that they can’t really afford. Setting up for failure. Those same people trade in after a couple years and roll in lots of negative equity. This cant keep cycling its unsustainable.
they FORGOT MATH. Making a little on millions makes MORE then making a chunk on NOT SO MANY.
This comment is so underrated 😊
Yeah...you can't force people that can only afford a 25K vehicle with low margin to buy a 75K one with high margins. What you do when you cease making cheaper vehicles is drive them to another manufacturer who makes a car in their price range and lose that segment of business.
No qc in Mexico and China where they get all the parts from to assemble
Technically, Mexico is #2, Canada #1, USA worst in quality. Oldest factories and most anti-manufacturing unions.
The plants are very modern in Mexico and China compared to the antiquated ones in the USA.
I bought a Ford one time. It was the worst experience in my life. The vehicle was recalled 5 times and on top of that it was in the shop once every 2 months for the first two years. It had 5 sets of tires on it because the alignment kept going out on it and the tires would wear out prematurely. To top it off, the dealership repair shops treated me as if I was the problem. I will have nothing to do with Ford products...even when I traveled for business I would not take a Ford rental car. I cannot tell you how may people I've dissuaded from purchasing a Ford vehicle, and have been doing so for nearly 40 years. If Ford goes out of business, I'll empathize with those who will be losing their jobs, but will celebrate the dissolution of a company whose FORD logo stands for "Financing Outlives Regular Driving."
I have a 2015 Ford F150 that I bought 8 months ago. I love the truck and plan on keeping it for a long time. And it’s got the 5.0L
I’m actually going to throw a party for everyone in my neighborhood that is boycotting buying a new vehicle !
Oh bullshit... just because you can't afford a vehicle? ... sounds like a personal problem... 🤣
If a company can't fix the recall, consumer ain't coming back
Brandon You don't make higher margin if you don't SELL THEM!
They are selling enough. Here's the problem.. Ford sells like 300,000 tucks per quarter.. so yeah, they could discount prices and sell 400,000 per quarter but they'd have to discount ALL 400,000 units including the 300,000 they would have sold anyway without lowering prices.. its just not worth it. They are making more money by selling at a higher margin but lower volume. Ford will never cut prices until the sales volume drops dramatically.
Ford should file for bankruptcy since there's a big problem with customer service and in their plant need to hire Japanese to run Quality control....follow the model of Toyota.
I want a cheap working man's truck a mid 70s Ford F150 straight six stick shift.
X2
So buy one. Easy to maintain, run great. I only buy old trucks. For $80k I buy land
This is exactly why I chose to buy, and drive a Mazda. American made cars, not only are over priced, they are total unreliable junk. Always buy Japanese made cars, except for Nissan.
I just don't understand how ANY car/truck manufacturer could survive these issues.
Put out of business? Don't ya know? These automakers will just get bailed out again by the government again. Which is our money.
Ford needs to get back to their roots , make the model T. The model T was affordable and durable and I'm sure easy to work on.
This is not the same Ford from the start of the previous century. This Ford is all about going big now. Going big should've gone out with the 90's, and I happen to love the 90's.
Is that the Ford model from the SNL skit? The one that Henry Ford called the “Jew Killing Device” and someone asks if you can simply drive it from one place to the other? Ford says, well yeah you could do that but it’s a Jew Killer!
Really?
I’d buy one.
That's a huge dealership, all those unsold vehicles is crazy.
Here’s a concept that works… let’s build more ICE trucks because they make more margins. Over price them so no one can afford them and let them sit….. earnings through the roof!!
I'll keep running my 20yr old cars. Just found a really nice '04 Lesabre with 109k and virtually zero rust for $2500. Put $500 in and I am set for a while. I do most of my own work though, so it's much easier to survive in that era. I could not in good conscience spend these amounts on cars. Not knocking anyone that does.
Definitely should have come out with a Maverick EV instead of an F150. EVs make good commuters. Just bought a 2024 F150 last weekend. I contacted over 20 dealers. I told them all: I will not pay for ANY dealer add ons. If you have add ons, forget it. Secondly, I expect a hefty discount. And this is what I got. $71,xxx MSRP (Lariat), for $61,xxx. It had been on their lot for 4 months, so they were committed to moving it. The education is not needed for the customers, they need to educate their senior managers making these bonehead moves. Also need to make more plug in hybrids. Good catch on no stock buy backs. If Ford thought their stock was great, they would be buying back stock right now. It's telling they say they have better uses for their capital.
Never ev. Maybe hybrid
@@daleolson3506 What pronouns do i have to use for hybrids?
Not even a hybrid. Still over-priced and the battery is expen$ive to replace once it dies (in about 8 years).
Sticking with my ICE.
I think that old Jimbo said that as a cover because he knows that they will need to keep all that cash on hand to pay out their next $2 Billion warranty bill for Q3. 😂
They need to bring the cheap Ford 4 door sedan back like the Ford Fusion or Ford fiesta. A lot more OEM dealers will go out of business as well.
Their small cars have been a disaster after some "engineer' thought it would be OK to run the timing belt through a sump full of oil.
@@clivewarner2162Did the same with the 2.7TT truck engine; oil pump driven by a belt, not chain driven like on the 3.5TT or 5.0 Coyote.
Agree! I learned to drive in a late 70s Buick. I like sedans. I sure would like the option to buy a ford sedan - something that competes with accord, Camry, sonata, Altima.
The fusion was a great looking car. I might have considered one had they still been building cars when I was in the market for a sedan.
I don't understand how a company can claim their recent vehicles are better quality, especially coming from a business that's been building cars for 100 years. Quality shouldn't even be a question.
Jim Farley comes out publicly to acknowledge Ford’s quality issues - then the prices continue to go up even more… nope, done with Ford. Thanks.
How did they do it? Stopped making the Taurus, sink Billions into EVs that are junk. Caved to the UAW and then moved production to Mexico!
MY local car dealers have no parking for customers, it is crazy.
wow unbelievable. when will the s897 hit the fan and how will it hit the fan?
They need to sell those lightings for 39,000 like they promised!!!
And the Maverick for $20k like they advertised before the pandemic
@@makotosa2the maverick is ass. Just a glorified Ranger
And the new forthcoming under 25k ev sedan that will likely be 45k when released in two years
Education for EVs??.. all you need is one driving experience…the range anxiety will get you every time.. get stranded once!!!.in the winter.. when the range finder lies to you.. you have to wait 15 minutes for the battery to warm up..now you’re down to 30 percent ..now turn the heat on..turn the lights on.. turn the radio on.. and see what happens…your range gauge drops like a rock..head for the charger.. wait a half hour to 45 minutes for a 80% charge.. you just waisted a whole hour charging and waiting…I got better things to do with my time!!! .. there’s your education!!!..and it was free😅😅😊
Couldn’t buy a fusion, so i bought a Corolla. Toyota guy now.
Time for ford to start releasing the $150k truck
You speak the truth. Every day I drive by the long gone Old Chicago amusement park lot in Bolingbrook Illinois. It is now loaded as far as the eye can see with unsold Ford Explorers that no one wants and/or can afford. I still love my 2007 Mustang, I hope it lasts another 17 years.
My nephew who is working in the car business, now he is a trainer and given workshops license to inspect car, as we have to do every year, sad for a loooooooooooong time ago: Beware of any FORD car!!! Everyday I see how stupid and incompetent they really are, bad cars, godd looking thoo but,,,,,, :D
Vehicles are way way way too expensive PERIOD! Get ready, job insulated New Jersey labor market is showing cracks. I’m 60+ yrs old 40+yrs in construction, RE investor and business owner. Iv seen this cycle before. I’m prepared are you? It’s going to be a bumpy road ahead. I hope over extended young ones are prepared. As a human I pray for you as a business owner I am looking to get your vehicle at 30cents on dollar. Go to the bars, play golf & head to the islands and extend your debt. Just be warned I’m lurking around the corner.
Dude you've been making a variation of the SAME video for years now... we get it..
The North American market is wide open for Chinese automobile manufacturers to start selling vehicles in the USA. The legacy automobile manufacturers clearly are not interested in producing quality, affordable vehicles.
US Government will not let them fail; they will get bailed out.
EV problem is #1 infrastructure #2 price #3 lacking a sedan that fits four males comfortably. Until these are addressed, I have no interest in an EV.