Tried a couple new things in this video... Let me know how you feel about the background music... Be honest, I can take it, I just want to make the best videos for you possible! Thanks for watching and please LIKE and SUBSCRIBE!
Good content. When you play background music throughout the whole video it makes it feel like 1 long intro. I would recommend just using intro music while you make the point of the video--at the beginning like an Intro. Keep it up brother!
Guys... this is all planned. Soon the manufacturers will go to selling at MSRP which is EXACTLY what they wanted all along. Then people will act like sheep and actually PAY MSRP. Just a few years ago no one paid MSRP... it was always possible to haggle a few grand or more off. So... thats why prices are ridiculously inflated at the moment... to make MSRP look good!
I knew auto manufacturers were struggling . But wow I didn't know it was this bad . Personally I'll never buy Ford . They jumped on the woke bandwagon a month ago . 😳
No one wants all the electronic crap Crank windows,rubber floor mats, 8ft bed 6cyl non turbo no Ecoboost garbage. Just a work truck would be nice....not paying $38,000
You might not be aware, the NEW Ranger is light years ahead of the POS "old" Ranger! I am not justifying the price, just saying it's a MUCH, MUCH BETTER truck!
First new ride was a 92 Ranger. If I remember correctly base was right around $10,000 and the xlt package and maybe one or two other options took total to the low $11,000s.
I use to be a Ford person, and after high prices and failure to provide auto parts in a timely manner. My father’s truck was dead lined for almost 11 months before his new hubs came in. Now I’m looking at the Toyota trucks because I understand that they are not as expensive and no long waiting for critical component parts to come in.
Have a look at the Nissans. The Titan (full sized V8) is going away after 2024, but the mid-sized Frontier is a solid truck also. Frontiers in the '30's.
Amen to that! I've driven Ford trucks since 1982. Currently rebuilding the rear diff on my '03 F150. Worth every penny to avoid a monthly payment that's north of $1k a month.
I think one of the biggest mistakes Ford recently made is the discontinuation of small gas cars this year. Sure, in the short run it makes sense go after the greater markup, but in the long run, it is best to forgo a little product and attract future and regular customers. Not many young people can afford the starting rate of a ford that starts north of 40 grand.
@@worldhello1234 But yes they are. Price is the intersection between buyer and seller. So someone is paying this price. As inventories grows (ie people stop paying that high price), the price will have to come down.
As a guy who will likely never again buy a new car, i watch this with glee and giddiness. The thought of these thieves taking it in the shorts is delightful. And all these EVs that are not selling.... The coming hard times and bankruptcy of these woke fools just warms my heart ❤️
Yeah, I'm happy to see it too. If they WANT ppl to drive electrics they're going to have to give them away. Put the cars in their hands. Let them see how they like them. Stupid, greedy, corps.
@@jamesoquinn9168 I bought a Tesla last month. Still have the 2019 Lariat in the garage, but the Tesla is my fun fun fun car!! Haven't touched the truck since I bought it.
@randytaylor4766 good for you! I'm glad you like it. I still think the car makers dorks for not selling a smart, cheap, practical, commuter w/ some range. But I guess they'll work as luxury models too, they'll just sell 1/10 the number.
Yea, I waited a year and a half on Lexus to drop the $3,000 market adjustment on the NX hybrid SUV. It’s still there, plus $4,000 of BS add-ons I don’t want. I finally just bought a Tesla instead. Same price out the door for a full electric that is way faster and more high tech. And I didn’t have to wait another 6 months. I got it in a week.
They pumped countless trillions of dollars into the system for years and the public pays the price with inflation so 100k pick up trucks becomes the norm..
I called a dealer to ask about a maverick. They told me the 2024 orders are open. I just don’t want to pay that much for a vehicle right now. They have called me twice a day for 2 weeks now asking if I am interested in a ranger or an F150.
We need a law where if you go to buy a Mach-E for $65K or a $100K F-150 you have to speak with a psychologist first to make sure you're mentally fit to make personal financial decisions.
@@dlewis5566also the manufacturer sets the MSRP, not the dealer. I feel bad for dealers who aren't marking up but still can't sell vehicles because of high MSRP
@@dlewis5566- No brother… Not to sound conspiratorial, but this is part of “you will not own anything and you will be happy”. Only the wealthy will be able to buy their own vehicle. This is setting the stage for renting vehicles for “lower” monthly payments. Most will never own again. David weekly is doing this with the new houses they’ve built. Instead of reducing their prices so people can buy, they’ve turned them into brand new rental homes.
I tried offering 4K less on a 45K used truck that a dealer has had on their lot for 5 months. The truck had damage on the bumper, and record of being in an accident on it's history, and they were asking the same price as one without damage and no accident history. The dealer would not budge. They are in denial that the values are going to come down, and they aren't hungry enough to negotiate yet.
@user-hk5wx5op9u they are likely balls deep in the truck and already losing money. 5 months is a long time on the lot. If that was my store I'm probably would of took it and ran.
I inquired about a TRX at a local dealer and they wanted $7500 for window tint and ceramic coating. Told them I was no longer interested. Now they won't leave me alone asking what it will take to get me in, and that truck out the door. lol
@dzerres if ford or any auto manufacturer were smart they'd sell and finance them from the factory and skip all these vultures we call dealerships. It's truly time for a new system.
@dlewis5566 believe me I'd rather pay a fair and even price than "negotiate" with people who don't want to negotiate and even worse you pay more in some cases....majority of people have no negotiation skills. So no i don't need a middle man pretending to have my best interest to get me a "deal".
I totally agree with letting them rot but just like when Obama was on office they will get a bailout and you and I will be stuck footing the bill...again!
It's getting to the point It's too expensive to own a vehicle when you add insurance, fuel, and maintenance to the purchase price, especially here in the NE where they rust out from under you.
I never understood how people could buy a new vehicle then have it rust out and fall apart from under them in 3-5 years. I would be all over the State about the corrosive Salt and De-Icers they use on those roads. There are other alternatives that don't harm vehicles like Sand. Where I live they use Sand and it works better than Salt and causes no damage to our vehicles.
Got a couple of old Toyotas that will run forever. Used to be a huge Ford fan, but effff em. Priced me out of the market and they were all to happy to screw us all with dealer mark ups. Ford and most of the other auto mfgs are dead to me.
@@contention100 Real ladder-frame trucks (unlike Maverick) can be had in the low to mid 30's. Nissan Frontier w/the 310hp 3.8L V6 - in either King or Crew Cab and 2WD or 4WD models. Towing capacity is around 6,500 lbs.
I had a finance person at a GMC dealership tell me last week that it amazed even them at how many people were willing to drop $100k on a pickup truck and then finance it at $2000 a month.
It's a tactic to get the customer to buy the vehicle for msrp. If they ask msrp with no markup then the customer will ask for less than msrp. It's a mind game that the stealerships are doing.
Give it 6 months. Dealers will be goung bankrupt. Banks are tightening as repos are increasing. There may be buyers foolish enough to want to pay those prices but the banks won't make the loan.
They’ll reap what they sow. The 1% of Americans who can afford those prices can only demand so many vehicles until their multiple garage bays are full. Don’t forget that the early bird gets the worm. That is to say, the dealer who caves first will get to unload his lots at the highest prices. The next guy will get a good bit less, and so forth. Once that first domino falls, there will be a rush for the exits. 😅
Yeah one down the street, I absolutely never see anyone on the lot looking, and I mean nobody. I have been tempted to trash talk them but that would be juvenile if me
AWESOME!! My wife totaled her car 2 years ago so we were in the car market at the worst time. Long story short we shopped at Ford and they had a $10,000 market adjustment and made no apologies, we said NO.
I picked up a 2018 Ford Focus S 5Speed manual back in 2018 for 14800 brand new out the door after taxes. Stout reliable car. 50k miles so far, couple warranty items, wheel bearing and horn in the first few thousand miles, and since then 0 issues. Really a shame they have completely left the economy car market. The Focus, if you have a manual, is kind of a masterpiece. It's so simple and cheap but adequate all around and you get 40 mpg on the highway. It ought to give me another decade of trouble free service I figure.
I remember my Dad buying a 1986 Ford F250 brand new for $8600.00 and he had a fit about the price back then ! He would have a heart attack seeing these prices in 2023 !!! Why would anyone spend $100K for a car or truck that loses value year after year when you could buy property that increases in value ! The prices now adays ARE INSANE !! And the interest rate on loans are also INSANE !
My brand new 1985 GMC S-15 standard Pickup truck waz $5995.00. I replaced the wood 2X4 rear “ bumper” with a GM accessory black step bumper kit for $250. CB
Finally subscribed. You are reporting things that no one else is. And you have been reinventing yourself. And you're entertaining. It's a tough business to survive in. Thanks.
@@R0CKtheR3D I agree. I still think there is still just way to much stupid out there for things to totally crash. People will literally sell there soul for that new car smell these days.. and every non-thinking person thinks they need a truck with a footprint that is larger than WW2 main battle tanks to get groceries.
In Canada, people were making 100k per year on their old houses lol, Houses that were 100k, turned into 500k within 6 years. Like winning the l0ttery. Look at house prices in Canada, you wont believe it..
Didn't Ford say publicly that they'd like to get rid of dealers? When the floor plan comes due on a few $80,000 vehicles. That'll chase them out of the business.
Personally I can’t stand dealers. They are there to get you the worst deal possible to pad the dealership profits. I’d rather buy direct and choose the build and add-ons myself.. and no market adjustments!
A friend of mine just picked up a Tundra for $40k. American trucks are simply not being priced competitively. Dealers need to admit to themselves that the good times are over. Charging market adjustments while the repos are piling up is laughable.
Last spring, I asked a dealer why his market adjustment was a positive number. Stick shift that had been on his lot for 8 months. I told him I can come back in a month for him to think about it. Did I get a "deal" on the Wrangler? Honestly, not really. I just paid a hair under MSRP and have a recall on the clutch already. I was also NOT paying extra for something he wasn't going to sell.
Lol they’re 30K trucks and it’s FORD!!!??? Why do they think their post-2008 selves have been forgotten about is anyone’s guess Let’s hope they finally go under this time when they’re still sitting n trucks from 3 years ago 3 years from now because of their greed in a depression
I loved the Can't Buy Ometer !!!! Please use this term more often!!!!! Cant stop laughing and need to use that term more often in every video because the dealers need to listen to you when this gets out!!! Keep up the great job you and your whole group is doing and I love it when your wife comments a well!
Not only are they expensive, they are complicated and even if you buy the extended warranty and something fails, they will just say you were using bad gas or some other excuse. Instead of being a valued client you will become their despised enemy.
Ford factory warranty sucks. I'm going on 6 months for cam phasers for our new expedition. And now, we need some drums in the transmission, but THEY"RE BACKORDERED TOO. How many months am I supposed to NOT drive my dang family vehicle?
yep - Ford now "LEADS" GM and Chrysler in costly recalls! So you spend $80,000 for a vehicle with factory problems... and that is before something complex goes wrong, and now you're stuck with even more, now extremely costly repairs. I switched from Chevy to Ford 20 years ago because a factory defect in the motor of my chevy truck they wanted to charge me $1,000 to repair.
@@markpitchford7375 I bought a CPO F150 thinking the powertrain warranty would cover the cam phasers. Nope....read the fine print, those are considered emissions. Even though it's literally bolted TO the motor underneath the timing cover. They know what they're doing.
I drove up and down one of our auto roads of several miles of dealerships. ALL American lots were LOADED with new stuff. ALL the foreign lots were nearly empty with cars around the perimeter only. It was CRAZY. Totally a trip to see.
The Detroit three are building inventory ahead of the UAW strike date in September. They normally build and push supply ahead to over a 100 day supply ahead of the strike target. Look back every time they have the contracts expiring they build ahead.
Background music was a nice touch. I do feel like there might be some issues with editing the videos where duplicate clips are shown in the video. Keep up the good work! Always enjoy watching your videos.
If I could get a dollar for every time a car salesman would tell me “ as you know the market for cars is in high demand” “ there is a chip shortage “ “ vehicle shortage “ I would be swimming in money right now 😂😂😂
I stopped by our Ford dealership and saw the same thing. Three complete rows of F-150s and Super Duties. A lot of them had $3-5K price cuts and they're still too unaffordable! And what astounds me is how long many of them have been there. We're talking months on end! There was one in particular that's been there for so long that the clear coat on the painted mirrors and door handles was completely shot. It's been baked in the sun for months with clear coat damage because of absurd prices. Others had faded plastic trim and door handles from sitting. That's when you know not only have they been here for awhile but it represents the declining market.
Even the $25K cheaply built low utility Maverick is too much... they do need to build more because they can still sell $20K with decent margins. All those chips and other inputs have come down dramatically and continue to do so. Now its just bilking. Won't get buys until prices come down, borrowing costs thru the roof, you can't get morons who love doing chapter 11 or 7 every 3 years... and us cheapskates are thinking... I'll wait.
Trucks so expensive nowadays that I’m seriously considering just changing the whole power train on my old ‘90 Ford Ranger and new paint job just to save a couple thousand
I can see why repos are high with these type of prices. Kelly Blue Book said the avg price of a car is $49k. That's wild. I'll keep my paid off, full coverage for $50 a month car. :p
@@timbaubense You should reconsider full coverage on a vehicle that probably has over 125k miles and use the money you save and put your car payment (to yourself since you have it paid off👏) into a savings for another vehicle when that ones wears out.
Its not just Ford, all the other major manufacturers are doing it too. Last year right around this time, i went into a local Toyota Dealership to check out a 2021 Toyota Tundra Crewmax in all white with the blacked out badges, fully loaded with everything, 5.7 Iforce Hemi, TRD Off-Road 4x4 package with 22k miles on it which at THAT time, had been on their lot for 73 days. They were asking $59k for a one year old truck with 22k miles on it. Just for kicks and giggles, i offered an out-the-door offer of $49k plus a trade-in on my 2012 Toyota Tundra Crewmax with 139k miles with cash down on top of that. They laughed me out of the store. They finally sold it several months later after i had been emailing them every week to see if they still would take my offer. They sold it for $42k...
I think it’s obvious by now that these manufacturers have a strategy going forward to increase inventory and create incentives to keep the prices fictitiously high.
I'll drive my current XLT until the wheels fall off before I put 90 grand into a truck. I liked the Lightning when it came out but honestly, the PowerBoost makes more sense and is more affordable. But even with those you have to start with a Lariat and that's a 67 thousand dollar starting point. 73 with modest upgrades. And then add in a "market adjustment"??? Hard pass. Let 'em sit there.
The part that the big three are missing is 1. MSRP WAY TO HIGH 2. Interest rates are sky high in my area you are looking at 6.5 to 7% add that to a already ridiculous sticker price and you have recipe for disaster!!
It baffles me just how expensive a Ford Expedition cost now. I’ll never forget my parents bought a 2009 Ford Expedition King Ranch with 20k miles. It was returned off lease and they got it for $36k and this was 2012… wow.
If I remember right we paid $30K out the door for a new 2006 Expedition. Only catch is we had to take a 5 yr note on it. Went home and paid it off the next day.
I’m a ford guy but I won’t buy any new truck. It’s absolutely ridiculous what tin and plastic is selling for today no matter if it’s ford dodge or chev. All garbage now.
I bought my explorer brand new in 2015 already had 2 water pumps replaced luckily I bought the extended warranty not to mention numerous other electrical quirks that’s my first and last Ford I will ever buy
When truck come back down to 35-40k they will sale them. Don’t expect to see many new vehicle purchases over the next few years. More people will be concerned about food, a roof over their heads and a job.
Well whenever a sucker buys one with these inflated prices, the profit margin is FAT! It’s pure greed. They think it’s better to sell less with these crazy margins they have gotten used to. Well that boom was fueled by real estate refinance money, stock market and crypto bubbles all ending at the same time and that was a long time ago now. These prices need to come down or ford will need to stop production.
@@truthbringer8574 The main difference between the two is a trim package and in some suspension big deal. It's got the same drivetrain for the most part.
Tesla has 16 days of inventory, far lower than traditional automakers, and far lower than dealerships. ICE industry is considered healthy at 120+ days.
I want to buy a truck. Spherically the Ram 1500. But I refuse to pay what they are asking, and even the used ones are WAY over priced while the dealers aren't hungry enough to negotiate offers yet. I'll wait..
Toy with them... Walk in the dealership twice a month each, gasping, sighing, tell them their crazy over and over, act like ur about to buy one then change ur mind... Waste their time and frustrate the hell out of them.
I really feel for all involved, when this crashes there will be a lot of good employees without employment. Due to greedy manufacturers deciding to pay for their EV dreams by raising ICE vehicles to where nobody will buy them. I used to think that car manufacturers knew what they were doing, pretty obvious that they don't!
You're right. First dealer that blinks and either dumps at auction or shuts up shop and the whole house of cards comes down. . And Tesla is making money selling for less.
Trouble is, that there will be a tipping point for EV’s. At that point, they’ll have to be able to build affordable EV’s at a profit. They will need to burn through billions of R&D to get there. Tesla already did that, and was mocked in the press for it (and probably partly because they didn’t advertise in the press).
$80K to $100k for a Ford pickup truck, especially with a $10K dealer markup is beyond absurd. I was talking to a salesman at a Nissan dealership who told me that he can't sell any of the new Nissan Z cars they have. Potential buyers walk in and seem interested in the car until they see the list price with the dealer markups, where they then walk away.
I took my daughter’s car to dealership for complimentary oil change and saw multiple g70 , g80, and other brands of Hyundai cars with used car no warranty stickers on them brand new with 2 to 5 thousand miles for sale right in same lineup as brand new stickered cars for 55 to 70 thousand . You were right about them selling and buying back as used to keep from advertising msrp . No dealer market adjustments but a lot of add on dealer extras up to 6 grand. I’m in Mississippi. Enjoy watching your videos!
Unfortunately car makers and dealers are trying to sell us what they want us to buy not what we want to buy. Interest rates going up again today. Banks cutting back on their lending. No it doesn't look good.
2024 is the year ford hits the sales wall. The dealers will be dumping 2023 over produced, over optioned and over priced as delayed losses until June 2024. The will fire the executive suite and prune off another 20% of their dealers.
Yup. Overpriced massive ICE vehicles instead of smaller more modestly priced electric vehicles is not going to be a winning move, and it's going to get even worse from here.
It seems like the new business model for selling automobiles will be factory direct in the future. Not sure how it will work out, but it does seem to be where this industry is headed.
Yep, I've heard that the higher-ups at Ford are moving in that direction as we speak, soon they will be cracking down on these dealerships for asking these outrageous prices
Unfortunately I doubt it, dealer lobbies have bought state reps and have insured that this can never happen. Florida Gov who's running for president just blocked direct to customer sales in his state, and dealer lobby's have given him over a quarter milliion in "donations", strange.
Im glad that dealers aint selling . They overprice new vehicles. Thats why im buying used cars . The 1990s, early 2000s ford are better and you can work on them
There's a couple of F-150s I saw in your video I wouldn't mind test driving. Except, the prices are outrageous. Ford has to know not everybody wants a truck.
@@lorysutherland5464 They didn't like them because of the low margins on them. The mid size ranger has a ton more margin on it. Same reason they dumped all their cars. Its all about making smack on every unit sold. Only car they make is the mustang which cost 50K. Which also has tons of margin.
The prices of a truck is just insane! Sure companies may pay, and the few very rich, but the majority of Joe six packs cannot afford the payment on $90k or $100k trucks. When I was a young man just out of college I bought a plain ½ ton truck. Vinyl floor, manual transmission, manual windows, 8 ft bed, radio and AC. Best truck I ever owned! Still be driving it except a punk kid hit me at very high speed in rapidly stopping traffic on Hwy 101. The strength of the truck saved me as he plowed me into the SUV in front of me. Bring back basic transportation again. People got used to very low interest rates which were not normal. Now home loans and vehicles loans are going to cost more!
Was just looking at the new Nissan Z at Cerritos Nissan, and on their website the Z had a $35,000 market adjustment added. Which is nearly the price of the Sport model.
I have been wondering if the increased sales reported by Ford was an example of channel stuffing. Meaning that Ford was counting a sale when they pushed the vehicle from their factory to the dealership. But, that would not indicate a sale to the consumer. It's interesting that you mentioned fleet sales. I hadn't considered that those would make up a chunk of the sales increases that Ford was reporting or that those are expected to be a temporary boost.
Love your videos! I appreciate your hard work. I enjoy learning about the world of auto sales. Future Video Suggestion: what do you know about the upcoming Ram Rampage? All the best!
I bought a Ford just this week because they came down $2600 off the sticker, honored the rebate to come down even further, and got me on Ford's financing at 2.9% for 60 months. This was NOT, however, an easy process. I spoke to at least 6 Ford dealerships within 500 miles of where I live and had to turn down 5 because they either wouldn't come down off sticker(and some clowns tried to charge me above), or because they would come down off sticker only to add on their own "dealer options" which actually outweighed the discount, so in essence, they were charging above sticker. It was a tedious and frankly disheartening task, but I'm at least satisfied with the result. I was also prepared to push my vehicle search out another 2 months if necessary.
The problem is YOU. You're an enabler, a contributor(!) to the problem. You've got $2.6K off? That's chump change, you were bought off CHEAP with a bowl of lukewarm thin soup. 60 months financing? That's FIVE years and that's nuts. Unfortunately, there are way too many stupids like you out there enabling them to continue this pricing travesty. Your hasty and dumb actions actually hurt others(!) - with less means - financially in the long, run as the manufacturers and dealers don't feel compelled to do reasonable pricing. Don't congratulate yourself. You have my contempt. I was 37 when I resolved never to buy a car again on credit/installment. And I did not. I did not get the cars I really-really would have liked. Instead, I got the cars I could afford(!) to buy for CASH. Some were used, some were new...
The last truck I bought was a 2020 Silverado 1/2 ton that had a sticker of 53,000.00 and paid 42,000.00. I’ll probably not buy another new vehicle, being 73 yo, but if I did they would not get my business at 2,600.00 off sticker.
@@noahdunaway Yeah 2020 was the last year of the old school negotiations. Once the inventory dried up and the supply chain got knackered it all went to crap. The industry is very reluctant to go back to pre pandemic negotiations. But if the economy tanks they might not have a choice. As they will find out the supply/demand relationship works both ways.
My wife and I (credit 835 & 815) were offered 10.15% for a 60 month term with 30 % down by our credit union in the NW. The short answer from the sales manager was that XYZ CU was "trying to discourage its members to take out auto loans," due to their tremendous exposure in the market. Hmmmmm.
I custom ordered a 2021 F150 in 2021. It took about five months to get it because of the semi-conductor shortage. MSRP was just over $58K for the XLT hybrid. I paid $49K. When I showed up to take delivery, there were about ten trucks on the whole enormous lot. I had to travel out of state to buy, which was a hassle, but my local dealer had a $7,500 market adjustment over MSRP. So, yeah -- I'll travel to save $16K on a truck. The dealer where I bought also gave me what I asked for my Fusion trade-in. I doubt I could negotiate a similar deal today, though.
Tried a couple new things in this video... Let me know how you feel about the background music... Be honest, I can take it, I just want to make the best videos for you possible! Thanks for watching and please LIKE and SUBSCRIBE!
Good content. When you play background music throughout the whole video it makes it feel like 1 long intro. I would recommend just using intro music while you make the point of the video--at the beginning like an Intro. Keep it up brother!
Background music I can take it or leave it. Volume was just right for my setup.
Recent new subscriber . Really enjoy your videos . I've learned some things about the auto business . I didn't know about before . 🤯🤯🤯
Guys... this is all planned. Soon the manufacturers will go to selling at MSRP which is EXACTLY what they wanted all along. Then people will act like sheep and actually PAY MSRP. Just a few years ago no one paid MSRP... it was always possible to haggle a few grand or more off.
So... thats why prices are ridiculously inflated at the moment... to make MSRP look good!
I knew auto manufacturers were struggling . But wow I didn't know it was this bad .
Personally I'll never buy Ford . They jumped on the woke bandwagon a month ago . 😳
You’re 100% correct. We want affordable vehicles. Not $90,000 pick up trucks.
nah - you want that $90k pick up - but you want it for $30K
@connor_flanigan there's not a pickup out there legitimately worth 90k.
@@youaintnocowboy7139They haven't been worth the price for about 15 years now.
Want and afford are two different things.
@@connor_flanigan no, I don't want to pay 90 thou for a vehicle worth 30 grand. ALL vehicles mans are gouging people
There’s not a truck out there worth over $45,000, in my opinion
OVERPRICED CRAP
I think the raptor and the other performance trucks are, but just because of the engine.
$15,000 more like it
Literally
No one wants all the electronic crap
Crank windows,rubber floor mats, 8ft bed 6cyl non turbo no Ecoboost garbage.
Just a work truck would be nice....not paying $38,000
The little outtakes and imperfections makes you video PERFECT! Keep up the great work brother.
I’m so glad to see this happen to dealerships. They took advantage of ppl for far too long. Now let them pay for it
Customers are the reason for these prices. Keep paying high prices and you deserve to get screwed. What a bunch of suckers.
What goes around, inevitably comes around. I hope that they go out of business.
How many of you actually own a business?
@@Frank00 if a business can't make an affordable product they go out of business. It's that simple.
@@Frank00 I used to own a business, and I did not jack around my customers.
$44K Ford Ranger. I remember when that was an entry level light work truck. Ford have lost their damn minds.
It's a mid size now. Competes with Tacoma, Ridgeline, Frontier and Colorado.
Used Tacomas around me with 10-20k miles going for $40-$50k
You might not be aware, the NEW Ranger is light years ahead of the POS "old" Ranger! I am not justifying the price, just saying it's a MUCH, MUCH BETTER truck!
First new ride was a 92 Ranger. If I remember correctly base was right around $10,000 and the xlt package and maybe one or two other options took total to the low $11,000s.
@@tsixclerkl
I use to be a Ford person, and after high prices and failure to provide auto parts in a timely manner. My father’s truck was dead lined for almost 11 months before his new hubs came in.
Now I’m looking at the Toyota trucks because I understand that they are not as expensive and no long waiting for critical component parts to come in.
Toyota is a better car too.
Toyota are the Same…high prices and less value, and they only offer half ton trucks….and those half tons will sell for as much as 3/4 tons …..
the tundras cost just as much and they tow the same amount is a ford ranger lol
Have a look at the Nissans. The Titan (full sized V8) is going away after 2024, but the mid-sized Frontier is a solid truck also. Frontiers in the '30's.
If Ford has decided that it is done producing affordable vehicles, then I’m sure many potential buyers are also done with Ford.
Amen to that! I've driven Ford trucks since 1982. Currently rebuilding the rear diff on my '03 F150. Worth every penny to avoid a monthly payment that's north of $1k a month.
I am.
I am. There's no way I'm paying over $60k for a half ton pickup. Keep them Ford.
Agreed...Ford AND the dealers are going to price themselves out of existence
I think one of the biggest mistakes Ford recently made is the discontinuation of small gas cars this year. Sure, in the short run it makes sense go after the greater markup, but in the long run, it is best to forgo a little product and attract future and regular customers. Not many young people can afford the starting rate of a ford that starts north of 40 grand.
These guys are gonna learn the hard way. People will not buy 80,000 trucks with 10,00 markups.
Whom??..@@Delanoay
More like $20,000 to $30, 000 mark up😂😂😂😂
Exactly, the average American debt slave is not willing to put up with this shit.
@@worldhello1234 But yes they are. Price is the intersection between buyer and seller. So someone is paying this price. As inventories grows (ie people stop paying that high price), the price will have to come down.
@@worldhello1234. Not willing .? Or can’t afford them ?
As a guy who will likely never again buy a new car, i watch this with glee and giddiness. The thought of these thieves taking it in the shorts is delightful. And all these EVs that are not selling.... The coming hard times and bankruptcy of these woke fools just warms my heart ❤️
Problem is the govt will bail them out with our tax dollars. It's a lose lose situation for everybody.
@@indoornepenthes7809 indeed. Socialism. As a society we voted for it and we get what we vote for.
Yeah, I'm happy to see it too. If they WANT ppl to drive electrics they're going to have to give them away. Put the cars in their hands. Let them see how they like them. Stupid, greedy, corps.
@@jamesoquinn9168 I bought a Tesla last month. Still have the 2019 Lariat in the garage, but the Tesla is my fun fun fun car!! Haven't touched the truck since I bought it.
@randytaylor4766 good for you! I'm glad you like it. I still think the car makers dorks for not selling a smart, cheap, practical, commuter w/ some range. But I guess they'll work as luxury models too, they'll just sell 1/10 the number.
The "Market adjustment" vehicles are sitting there for a reason , People are NOT going to pay it!
I wonder if it's a government thing to kill the vehicle market.
@@sterling2p No, it isn't. Greed is what is killing the market. XD
Can’t afford them
Yea, I waited a year and a half on Lexus to drop the $3,000 market adjustment on the NX hybrid SUV. It’s still there, plus $4,000 of BS add-ons I don’t want. I finally just bought a Tesla instead. Same price out the door for a full electric that is way faster and more high tech. And I didn’t have to wait another 6 months. I got it in a week.
Just wait until the rates come down, then people will step back up to those $1600/mo car payments for these 'lifestyle' vehicles.
Nooooo truck except Commercial special purpose, should cost over $50K 😱... Absolutely insane
They pumped countless trillions of dollars into the system for years and the public pays the price with inflation so 100k pick up trucks becomes the norm..
Price is the intersection between buyer and seller. Inventory goes up, price comes down.
Even TRX with 6.2L supercharged and limited? Also for $50K?
Literally
I called a dealer to ask about a maverick. They told me the 2024 orders are open. I just don’t want to pay that much for a vehicle right now. They have called me twice a day for 2 weeks now asking if I am interested in a ranger or an F150.
We need a law where if you go to buy a Mach-E for $65K or a $100K F-150 you have to speak with a psychologist first to make sure you're mentally fit to make personal financial decisions.
Lol...agreed
Lmao
😂😅
As food prices continue to rise let the people who bought their $90,000. truck cook it and eat it.
LOL you are on to something - they should not be trusted with a dangerous 6000 killing machine!
Makes me want to go into dealerships and offer 40K below asking. When they look at me crazy, I’ll point to the MSRP and say “THIS IS MUCH CRAZIER”
They don't care. They are only high because consumers still buy them.
@@dlewis5566also the manufacturer sets the MSRP, not the dealer. I feel bad for dealers who aren't marking up but still can't sell vehicles because of high MSRP
@@dlewis5566- No brother… Not to sound conspiratorial, but this is part of “you will not own anything and you will be happy”.
Only the wealthy will be able to buy their own vehicle. This is setting the stage for renting vehicles for “lower” monthly payments. Most will never own again.
David weekly is doing this with the new houses they’ve built. Instead of reducing their prices so people can buy, they’ve turned them into brand new rental homes.
I tried offering 4K less on a 45K used truck that a dealer has had on their lot for 5 months. The truck had damage on the bumper, and record of being in an accident on it's history, and they were asking the same price as one without damage and no accident history.
The dealer would not budge. They are in denial that the values are going to come down, and they aren't hungry enough to negotiate yet.
@user-hk5wx5op9u they are likely balls deep in the truck and already losing money. 5 months is a long time on the lot. If that was my store I'm probably would of took it and ran.
I inquired about a TRX at a local dealer and they wanted $7500 for window tint and ceramic coating. Told them I was no longer interested. Now they won't leave me alone asking what it will take to get me in, and that truck out the door. lol
Tell them to go get cancer
Cause that’s manipulative on their part those greedy rats
Tell them $50k out the door!
Yep, I hope these dealers go out of business. They’ve stuck it to the public and they have just gotten greedier.
They are sticking it to Ford as well.
@dzerres if ford or any auto manufacturer were smart they'd sell and finance them from the factory and skip all these vultures we call dealerships. It's truly time for a new system.
@@whatsurname857 Then you will never get to negotiate ever again. We will all be done for.
@dlewis5566 believe me I'd rather pay a fair and even price than "negotiate" with people who don't want to negotiate and even worse you pay more in some cases....majority of people have no negotiation skills. So no i don't need a middle man pretending to have my best interest to get me a "deal".
@@Igoriannjust stop it 😂. 80,000 is still to much for a pickup. People with money understand that lol.
Let them rot. Feds raised the interest again today, let's hope they do it again in September because that 4th quarter is coming!!!
Word!! They can rise it to a round 10%!!......
But the Big Guy said inflation was transitory, so Americans can rest easy! 😂😂😂
I totally agree with letting them rot but just like when Obama was on office they will get a bailout and you and I will be stuck footing the bill...again!
Rot On The Lot. CB
@youaintnocowboy7139 better them then the middle class student loan losers
$40k for an Escape?! Nuts. I bought a used 2017 Escape in 2019 for under $15k.
It's getting to the point It's too expensive to own a vehicle when you add insurance, fuel, and maintenance to the purchase price, especially here in the NE where they rust out from under you.
EXACTLY.
People forget to add $400-$500/ month to the price just in fuel and insurance alone
I would never purchase a vehicle if I had to drive on salted roads in the winter. I would only lease.
I never understood how people could buy a new vehicle then have it rust out and fall apart from under them in 3-5 years. I would be all over the State about the corrosive Salt and De-Icers they use on those roads. There are other alternatives that don't harm vehicles like Sand. Where I live they use Sand and it works better than Salt and causes no damage to our vehicles.
Where do you live?@@thedesertdwellerfromutah4354
Got a couple of old Toyotas that will run forever. Used to be a huge Ford fan, but effff em. Priced me out of the market and they were all to happy to screw us all with dealer mark ups.
Ford and most of the other auto mfgs are dead to me.
I couldn’t agree more. Yes, the $30,000 truck we do need many many more. The truck market has been stupid for a few decades.
It's just a shame the best I can get for $30k is a Ford Maverik? Pass.
@@geocam2 there are options of activities that having a truck gives you, so I disagree
@@contention100 Real ladder-frame trucks (unlike Maverick) can be had in the low to mid 30's. Nissan Frontier w/the 310hp 3.8L V6 - in either King or Crew Cab and 2WD or 4WD models. Towing capacity is around 6,500 lbs.
I had a finance person at a GMC dealership tell me last week that it amazed even them at how many people were willing to drop $100k on a pickup truck and then finance it at $2000 a month.
Can you say repo coming?
These dealerships are insane. You don't add on "market adjustments" when you are swamped with inventory. Positively insane...
It's a tactic to get the customer to buy the vehicle for msrp. If they ask msrp with no markup then the customer will ask for less than msrp. It's a mind game that the stealerships are doing.
I think just greedy, and not very smart
Give it 6 months. Dealers will be goung bankrupt. Banks are tightening as repos are increasing. There may be buyers foolish enough to want to pay those prices but the banks won't make the loan.
Trying to control the market by holding onto covid pricing. Hoping that if they all stick together they can make it the new norm.
They’ll reap what they sow. The 1% of Americans who can afford those prices can only demand so many vehicles until their multiple garage bays are full. Don’t forget that the early bird gets the worm. That is to say, the dealer who caves first will get to unload his lots at the highest prices. The next guy will get a good bit less, and so forth. Once that first domino falls, there will be a rush for the exits. 😅
$5,000-$10,000 markup adjustments, dealer fees and unwanted add-ons and “dealers” are “struggling” to figure out why they can’t sell cars.
They marked a lot of stuff up... even on their website you get all these mark ups. No thanks. I can wait.
Why on earth would anyone pay those ridiculous prices for those trucks when you can get a house for those silly prices
Ford could probably improve things if they just fired their entire front office and decision makers.
🤔 Hmmmm and drop the absolutely Ridiculous insane 😱 prices
Ford can't fire its dealers but that's the only way this gets fixed.
I would hate to be a salesman in that dealership. Freaking mind blowing how they still refuse to cut prices.
Must be run by Marxists?
does it matter? MSRP's went up 20% from 2019 to 2023. Fcuk ford lol
Yeah one down the street, I absolutely never see anyone on the lot looking, and I mean nobody. I have been tempted to trash talk them but that would be juvenile if me
or make more mavericks.
Mach E what a joke, my God wtf?
AWESOME!! My wife totaled her car 2 years ago so we were in the car market at the worst time. Long story short we shopped at Ford and they had a $10,000 market adjustment and made no apologies, we said NO.
This is crazy who would buy that when it's almost half or 1/3 of a house
People who need to project in a superficial manner
Bingo!@@Striker50_
The generation of people that think buying a $800 phone every two years is normal...
In June the rejection rate for auto loans increased to a record 14.2% from 9.1% in February.
Just got 5.4% from ford
He’s not talking interest rates. He’s talking about the people who are not getting approved for loans
Who wants to pay $80K-$100K for a truck at rape me interest rates? F*ck that.
It'll probably get worse. 🤷
@@jmay2883that’s way to high.
I picked up a 2018 Ford Focus S 5Speed manual back in 2018 for 14800 brand new out the door after taxes. Stout reliable car. 50k miles so far, couple warranty items, wheel bearing and horn in the first few thousand miles, and since then 0 issues.
Really a shame they have completely left the economy car market. The Focus, if you have a manual, is kind of a masterpiece. It's so simple and cheap but adequate all around and you get 40 mpg on the highway. It ought to give me another decade of trouble free service I figure.
I remember my Dad buying a 1986 Ford F250 brand new for $8600.00 and he had a fit about the price back then ! He would have a heart attack seeing these prices in 2023 !!! Why would anyone spend $100K for a car or truck that loses value year after year when you could buy property that increases in value ! The prices now adays ARE INSANE !! And the interest rate on loans are also INSANE !
Well, as of right now, the fleet business is keeping the manufacturers afloat, NOT retail customers!
My brand new 1985 GMC S-15 standard
Pickup truck waz $5995.00. I replaced
the wood 2X4 rear “ bumper” with a GM
accessory black step bumper kit for $250.
CB
$8600 in 1986 is $23k today. The prices are way above inflation.
The manufacturers gave people what they asked for. Fancy cars that go fast but also a truck because me feel big on road.
@@maxwellblackwell5045 Must be able to pull 10 tons, and the exhaust must taste like crayons.
Nor will they ever move those trucks. Interest went up .25 today with more raises on the way. Who wants old inventory with lot rot.
They didn’t adjust the rate. YET
@@zoobrizz they will.
Finally subscribed. You are reporting things that no one else is. And you have been reinventing yourself. And you're entertaining. It's a tough business to survive in. Thanks.
These dealerships got spoiled from all the people throwing money at them
And dont worry, people still are
Not for long!! These automakers shot themselves in the foot - when they decided not to make a smaller and more affordable vehicles!!...........
@@R0CKtheR3D I agree. I still think there is still just way to much stupid out there for things to totally crash. People will literally sell there soul for that new car smell these days.. and every non-thinking person thinks they need a truck with a footprint that is larger than WW2 main battle tanks to get groceries.
In Canada, people were making 100k per year on their old houses lol, Houses that were 100k, turned into 500k within 6 years. Like winning the l0ttery. Look at house prices in Canada, you wont believe it..
yeah they still seem to think it's 2021 where the FED was giving out money like it was skittles or something
Didn't Ford say publicly that they'd like to get rid of dealers? When the floor plan comes due on a few $80,000 vehicles. That'll chase them out of the business.
no
Personally I can’t stand dealers. They are there to get you the worst deal possible to pad the dealership profits. I’d rather buy direct and choose the build and add-ons myself.. and no market adjustments!
Good luck nada and dealerships are the biggest political contributors, it'll never happen!
@@dlewis5566 Why not?
@@testrella04 They'll find a way to follow Tesla's model.
i wish car manufacturers just sell their cars directly to the consumers.
A friend of mine just picked up a Tundra for $40k. American trucks are simply not being priced competitively. Dealers need to admit to themselves that the good times are over. Charging market adjustments while the repos are piling up is laughable.
Even toyotas are overpriced. People keep paying these ridiculous prices.
I'd like to know where. My local Toyota has 2wd tundra sr5 on the lot with $53k sticker and then another 2500 in add o s.
They are waiting for the next 'election' when whoever the new guy is pulls the interest lever back down to 1%. You watch....
Last spring, I asked a dealer why his market adjustment was a positive number. Stick shift that had been on his lot for 8 months. I told him I can come back in a month for him to think about it. Did I get a "deal" on the Wrangler? Honestly, not really. I just paid a hair under MSRP and have a recall on the clutch already. I was also NOT paying extra for something he wasn't going to sell.
Are you talking NEW or USED?
Ain't it NUTS? Ten Ford F150s = $1 MILLION DOLLARS!
In the old days, the ENTIRE LOT would equal $1,000,000 in inventory ...
Look on the bright side. Tvs are more affordable than ever, It's not ALL bad news! Cheer up! lol
@@TheOzthewizthat's a good thing , why?
Because nobody can afford to go anywhere.
Sit in front of the TV. 😂
Lol they’re 30K trucks and it’s FORD!!!??? Why do they think their post-2008 selves have been forgotten about is anyone’s guess
Let’s hope they finally go under this time when they’re still sitting n trucks from 3 years ago 3 years from now because of their greed in a depression
I loved the Can't Buy Ometer !!!! Please use this term more often!!!!! Cant stop laughing and need to use that term more often in every video because the dealers need to listen to you when this gets out!!! Keep up the great job you and your whole group is doing and I love it when your wife comments a well!
Remember the days when you drove by a dealership and you would see people looking at vehicles? I never see people shopping for cars anymore.
Right!
Not only are they expensive, they are complicated and even if you buy the extended warranty and something fails, they will just say you were using bad gas or some other excuse. Instead of being a valued client you will become their despised enemy.
Ford factory warranty sucks. I'm going on 6 months for cam phasers for our new expedition. And now, we need some drums in the transmission, but THEY"RE BACKORDERED TOO. How many months am I supposed to NOT drive my dang family vehicle?
Exactly...or they will park your new vehicle outside the shop and you will have to wait 6 months before they decide to get around to looking at it
yep - Ford now "LEADS" GM and Chrysler in costly recalls! So you spend $80,000 for a vehicle with factory problems...
and that is before something complex goes wrong, and now you're stuck with even more, now extremely costly repairs.
I switched from Chevy to Ford 20 years ago because a factory defect in the motor of my chevy truck they wanted to charge me $1,000 to repair.
@@markpitchford7375 I bought a CPO F150 thinking the powertrain warranty would cover the cam phasers. Nope....read the fine print, those are considered emissions. Even though it's literally bolted TO the motor underneath the timing cover. They know what they're doing.
Yeah and with EVs if you get a bad battery there goes half the cost of the car in repairs and a replacement
Aside from the content it’s underrated how funny you and your wife are doing these videos.
I drove up and down one of our auto roads of several miles of dealerships. ALL American lots were LOADED with new stuff. ALL the foreign lots were nearly empty with cars around the perimeter only. It was CRAZY. Totally a trip to see.
The Detroit three are building inventory ahead of the UAW strike date in September. They normally build and push supply ahead to over a 100 day supply ahead of the strike target. Look back every time they have the contracts expiring they build ahead.
Thats a good point
Still. None of these vechiles are worth $100k, are you kidding me? I hope they go broke, lol.
Background music was a nice touch. I do feel like there might be some issues with editing the videos where duplicate clips are shown in the video. Keep up the good work! Always enjoy watching your videos.
If I could get a dollar for every time a car salesman would tell me “ as you know the market for cars is in high demand” “ there is a chip shortage “ “ vehicle shortage “
I would be swimming in money right now 😂😂😂
Then you could buy the Ford Motor Company.
The correct answer was: I can wait.
They’ve been riding the “chip shortage” wave since 2020 😂😂😂
. Not the only excuse they riding😂
Instead of an Expedition at $90,000 a family needing room can get a new Honda Odyssey EX-L for $42,000
Even a Honda Pilot would be a better option than spending $90,000
and grandma can actually get into the odyssey,
@@atoms4sail, why not? You try to impress your friends and neighbors?😂😂😂😂😂
@@andyhuang7526Grandma cant climb up into the expedition its too tall
My 2007 Honda odyssey with 123000 miles running great like new ! New timing belt and water pump and spark plugs ! And it’s free ! 😂 😂 😂
I stopped by our Ford dealership and saw the same thing. Three complete rows of F-150s and Super Duties. A lot of them had $3-5K price cuts and they're still too unaffordable! And what astounds me is how long many of them have been there. We're talking months on end! There was one in particular that's been there for so long that the clear coat on the painted mirrors and door handles was completely shot. It's been baked in the sun for months with clear coat damage because of absurd prices. Others had faded plastic trim and door handles from sitting. That's when you know not only have they been here for awhile but it represents the declining market.
My ford dealer had broncos. 2 of them had notices on them: 'Recall - No fix Available. Do not Sell'. hahaha
😂
Hope to see dealerships price come down. I would love to buy a new truck but no way at these sky-high prices! Keep the videos coming!!
Nooooooo truck made except Commercial use, should cost over $50K
Only stupid people buy new cars off the lot.
Even the $25K cheaply built low utility Maverick is too much... they do need to build more because they can still sell $20K with decent margins. All those chips and other inputs have come down dramatically and continue to do so. Now its just bilking. Won't get buys until prices come down, borrowing costs thru the roof, you can't get morons who love doing chapter 11 or 7 every 3 years... and us cheapskates are thinking... I'll wait.
Trucks so expensive nowadays that I’m seriously considering just changing the whole power train on my old ‘90 Ford Ranger and new paint job just to save a couple thousand
I can see why repos are high with these type of prices. Kelly Blue Book said the avg price of a car is $49k. That's wild. I'll keep my paid off, full coverage for $50 a month car. :p
$50 a month for full coverage. What do you have? 1995 vehicles?
Same here,.... no wonder most of these people can't move out of the house!..
I also pay $50 a month for full coverage: 2007 Honda civic and 2010 ford focus, all paid for. Just have to live below your means!
@@timbaubense You should reconsider full coverage on a vehicle that probably has over 125k miles and use the money you save and put your car payment (to yourself since you have it paid off👏) into a savings for another vehicle when that ones wears out.
It’s mind blowing the financial illiteracy of the general public
It's at the point now where every 2023 truck they sell is a 2024 truck they won't sell.
Its not just Ford, all the other major manufacturers are doing it too. Last year right around this time, i went into a local Toyota Dealership to check out a 2021 Toyota Tundra Crewmax in all white with the blacked out badges, fully loaded with everything, 5.7 Iforce Hemi, TRD Off-Road 4x4 package with 22k miles on it which at THAT time, had been on their lot for 73 days.
They were asking $59k for a one year old truck with 22k miles on it. Just for kicks and giggles, i offered an out-the-door offer of $49k plus a trade-in on my 2012 Toyota Tundra Crewmax with 139k miles with cash down on top of that.
They laughed me out of the store. They finally sold it several months later after i had been emailing them every week to see if they still would take my offer.
They sold it for $42k...
I think it’s obvious by now that these manufacturers have a strategy going forward to increase inventory and create incentives to keep the prices fictitiously high.
Covid...... Regulations, Global Warming, Priapism outbreak.
Yeah but I think that could only last so long, but who knows.
We are watching the car dealerships rearrange the deck chairs on the titanic.
Isn't the Maverick about the same size as the old Rangers? The Rangers are what the old F150s used to be.
I'll drive my current XLT until the wheels fall off before I put 90 grand into a truck. I liked the Lightning when it came out but honestly, the PowerBoost makes more sense and is more affordable. But even with those you have to start with a Lariat and that's a 67 thousand dollar starting point. 73 with modest upgrades. And then add in a "market adjustment"??? Hard pass. Let 'em sit there.
Prices will have to come down a LOT before I will buy one. I think I would buy a Super Duty for $60-65 but no more. A small truck $25.
Yeah... Even a small truck is like $45,000 and that's just stupid...
The part that the big three are missing is
1. MSRP WAY TO HIGH
2. Interest rates are sky high in my area you are looking at 6.5 to 7% add that to a already ridiculous sticker price and you have recipe for disaster!!
It baffles me just how expensive a Ford Expedition cost now. I’ll never forget my parents bought a 2009 Ford Expedition King Ranch with 20k miles. It was returned off lease and they got it for $36k and this was 2012… wow.
Dam that even seems too much
$36K was a lot of money in 2012.
We bought a used 2001 Ford Expedition, pretty optioned out, in 2002 for $21,000 that had 20,000 miles on it from CarMax.
If I remember right we paid $30K out the door for a new 2006 Expedition. Only catch is we had to take a 5 yr note on it. Went home and paid it off the next day.
@@jiminauburn5073 36k is still a lot of money in 2023 most people don't even got money in their bank's accounts
I’m a ford guy but I won’t buy any new truck. It’s absolutely ridiculous what tin and plastic is selling for today no matter if it’s ford dodge or chev. All garbage now.
I bought my explorer brand new in 2015 already had 2 water pumps replaced luckily I bought the extended warranty not to mention numerous other electrical quirks that’s my first and last Ford I will ever buy
When truck come back down to 35-40k they will sale them. Don’t expect to see many new vehicle purchases over the next few years. More people will be concerned about food, a roof over their heads and a job.
Hilarious ☝️
The prices won't come back down to that.
Since when in history did new car prices come down?
Car companies don't realize the average person can't afford anything over $30,000. All car companies will have to be bailed out again soon.
I'd like to know what the actual strategy is behind piling trucks up and letting them sit on lots for months before selling.
Well whenever a sucker buys one with these inflated prices, the profit margin is FAT! It’s pure greed. They think it’s better to sell less with these crazy margins they have gotten used to. Well that boom was fueled by real estate refinance money, stock market and crypto bubbles all ending at the same time and that was a long time ago now. These prices need to come down or ford will need to stop production.
It’s contract year for the UAW they always build a 100 day supply ahead of the contracts expiring in September. 👍
Months? Years…. Nobody is buying this trash
Buying American why on earth a ford or chevy? At least a GMC would last a lot longer than both
@@truthbringer8574 The main difference between the two is a trim package and in some suspension big deal. It's got the same drivetrain for the most part.
You should go to the Tesla dealer in Matthews and show how much inventory they have. They barely have an empty spot in the lot
Tesla has 16 days of inventory, far lower than traditional automakers, and far lower than dealerships.
ICE industry is considered healthy at 120+ days.
I still drive a 2000 Toyota Solara with 200K miles! My father told me run a car into the ground!
Love your videos but the best part are the outtakes. You and your lady have good chemistry. Keep up the good work
I want to buy a truck. Spherically the Ram 1500.
But I refuse to pay what they are asking, and even the used ones are WAY over priced while the dealers aren't hungry enough to negotiate offers yet.
I'll wait..
Toy with them... Walk in the dealership twice a month each, gasping, sighing, tell them their crazy over and over, act like ur about to buy one then change ur mind... Waste their time and frustrate the hell out of them.
WOW! Thanks for an excellent video! Crazy time at the dealers.
I really feel for all involved, when this crashes there will be a lot of good employees without employment. Due to greedy manufacturers deciding to pay for their EV dreams by raising ICE vehicles to where nobody will buy them. I used to think that car manufacturers knew what they were doing, pretty obvious that they don't!
You're right.
First dealer that blinks and either dumps at auction or shuts up shop and the whole house of cards comes down.
.
And Tesla is making money selling for less.
Yep!! You onto something here!.......
Trouble is, that there will be a tipping point for EV’s. At that point, they’ll have to be able to build affordable EV’s at a profit. They will need to burn through billions of R&D to get there. Tesla already did that, and was mocked in the press for it (and probably partly because they didn’t advertise in the press).
Go hug a tree
The only employees worth a damn are the service techs, maybe some of the service writers, and the people at the assembly plant.
Thanks, always good information! If I lived closer to your dealership I would stop in and see your team!
$80K to $100k for a Ford pickup truck, especially with a $10K dealer markup is beyond absurd.
I was talking to a salesman at a Nissan dealership who told me that he can't sell any of the new Nissan Z cars they have. Potential buyers walk in and seem interested in the car until they see the list price with the dealer markups, where they then walk away.
Good, time for this big dealers to feel the pain they gave us the past few years.
the sympathy-o-meter is reading 0
Ford has no shame
Indeed - NO SHAME!!......@@madpacket
I took my daughter’s car to dealership for complimentary oil change and saw multiple g70 , g80, and other brands of Hyundai cars with used car no warranty stickers on them brand new with 2 to 5 thousand miles for sale right in same lineup as brand new stickered cars for 55 to 70 thousand . You were right about them selling and buying back as used to keep from advertising msrp . No dealer market adjustments but a lot of add on dealer extras up to 6 grand. I’m in Mississippi. Enjoy watching your videos!
Unfortunately car makers and dealers are trying to sell us what they want us to buy not what we want to buy. Interest rates going up again today. Banks cutting back on their lending. No it doesn't look good.
2024 is the year ford hits the sales wall. The dealers will be dumping 2023 over produced, over optioned and over priced as delayed losses until June 2024. The will fire the executive suite and prune off another 20% of their dealers.
Yup. Overpriced massive ICE vehicles instead of smaller more modestly priced electric vehicles is not going to be a winning move, and it's going to get even worse from here.
It seems like the new business model for selling automobiles will be factory direct in the future. Not sure how it will work out, but it does seem to be where this industry is headed.
Yep, I've heard that the higher-ups at Ford are moving in that direction as we speak, soon they will be cracking down on these dealerships for asking these outrageous prices
And with that new business model comes more innovative ways to rip people off. It's a change, but they will find some way to mess that up as well.
Unfortunately I doubt it, dealer lobbies have bought state reps and have insured that this can never happen. Florida Gov who's running for president just blocked direct to customer sales in his state, and dealer lobby's have given him over a quarter milliion in "donations", strange.
@@cward1954 Yeah, the prices might not come down that much , if any.
Tesla has it down Jimmy... just bought mine last month and I was in and out driving my new car in 15 minutes.
Im glad that dealers aint selling . They overprice new vehicles. Thats why im buying used cars . The 1990s, early 2000s ford are better and you can work on them
There's a couple of F-150s I saw in your video I wouldn't mind test driving. Except, the prices are outrageous. Ford has to know not everybody wants a truck.
Ford Motor should have kept their small Rangers.. Would have sold like crazy..
No prices have remained pretty consistent. Your wage hasn't
@@lorysutherland5464emissions and crash safety effectively killed so they're never coming back. Short of an absolute miracle.
@@lorysutherland5464 They didn't like them because of the low margins on them. The mid size ranger has a ton more margin on it. Same reason they dumped all their cars. Its all about making smack on every unit sold. Only car they make is the mustang which cost 50K. Which also has tons of margin.
I like mine but going to get rid of it soon... I need an suv for my daily
Do more uncut blooper stuff brother. You got me smiling!!
Our local, small town Ford dealer has the same problem… rows of EXPENSIVE trucks remain unsold.
The prices of a truck is just insane! Sure companies may pay, and the few very rich, but the majority of Joe six packs cannot afford the payment on $90k or $100k trucks. When I was a young man just out of college I bought a plain ½ ton truck. Vinyl floor, manual transmission, manual windows, 8 ft bed, radio and AC. Best truck I ever owned! Still be driving it except a punk kid hit me at very high speed in rapidly stopping traffic on Hwy 101. The strength of the truck saved me as he plowed me into the SUV in front of me.
Bring back basic transportation again. People got used to very low interest rates which were not normal. Now home loans and vehicles loans are going to cost more!
I hope they choke on their market adjustments. If they don't make changes they will adjust themselves into oblivion.
Every single manufacturer has. Prove me wrong.
HEY! Hello Brandon and thumbs UP!!
Was just looking at the new Nissan Z at Cerritos Nissan, and on their website the Z had a $35,000 market adjustment added. Which is nearly the price of the Sport model.
Good reporting, like always. Long-time subscriber here. Note: bloopers at the end aren't needed.
I have been wondering if the increased sales reported by Ford was an example of channel stuffing. Meaning that Ford was counting a sale when they pushed the vehicle from their factory to the dealership. But, that would not indicate a sale to the consumer.
It's interesting that you mentioned fleet sales. I hadn't considered that those would make up a chunk of the sales increases that Ford was reporting or that those are expected to be a temporary boost.
Fleet and commercial vehicles.
FLEET SALES!
Great channel. Like all your input & opinions. Love the banter between you & your. # helper. Keep ‘‘em coming. Thanks for sharing
If you don’t want a truck, I’d go to a Mazda dealership instead. Wide variety of models with really good features even on the base trims.
Love your videos! I appreciate your hard work. I enjoy learning about the world of auto sales.
Future Video Suggestion: what do you know about the upcoming Ram Rampage?
All the best!
Nobody can or want to afford a $80,000+ truck. I can literally put a yard trailer on my Prius and do 90% of what a truck do.
Or go ret one for cheap at Big Orange for 20 bucks
Bring back the 30k and under full size trucks.
I bought a Ford just this week because they came down $2600 off the sticker, honored the rebate to come down even further, and got me on Ford's financing at 2.9% for 60 months. This was NOT, however, an easy process. I spoke to at least 6 Ford dealerships within 500 miles of where I live and had to turn down 5 because they either wouldn't come down off sticker(and some clowns tried to charge me above), or because they would come down off sticker only to add on their own "dealer options" which actually outweighed the discount, so in essence, they were charging above sticker. It was a tedious and frankly disheartening task, but I'm at least satisfied with the result. I was also prepared to push my vehicle search out another 2 months if necessary.
The problem is YOU.
You're an enabler, a contributor(!) to the problem.
You've got $2.6K off? That's chump change, you were bought off CHEAP with a bowl of lukewarm thin soup.
60 months financing? That's FIVE years and that's nuts.
Unfortunately, there are way too many stupids like you out there enabling them to continue this pricing travesty. Your hasty and dumb actions actually hurt others(!) - with less means - financially in the long, run as the manufacturers and dealers don't feel compelled to do reasonable pricing.
Don't congratulate yourself.
You have my contempt.
I was 37 when I resolved never to buy a car again on credit/installment. And I did not. I did not get the cars I really-really would have liked. Instead, I got the cars I could afford(!) to buy for CASH. Some were used, some were new...
wow.... good thing you did not have to push purchase out another 2 months. That is a loong time to go without that new car smell.
The last truck I bought was a 2020 Silverado 1/2 ton that had a sticker of 53,000.00 and paid 42,000.00. I’ll probably not buy another new vehicle, being 73 yo, but if I did they would not get my business at 2,600.00 off sticker.
@@noahdunaway Yeah 2020 was the last year of the old school negotiations. Once the inventory dried up and the supply chain got knackered it all went to crap. The industry is very reluctant to go back to pre pandemic negotiations. But if the economy tanks they might not have a choice. As they will find out the supply/demand relationship works both ways.
@@banshee8989 Long time to go without a car, too.
My wife and I (credit 835 & 815) were offered 10.15% for a 60 month term with 30 % down by our credit union in the NW. The short answer from the sales manager was that XYZ CU was "trying to discourage its members to take out auto loans," due to their tremendous exposure in the market. Hmmmmm.
Smart and well run credit union!
@@justinshaffer3419well technically got a little smarter. Had they been careful to begin with they wouldn't be worried about exposure
10%🙃🙃🙃
😮 wow. So people with good credit are getting punished now. Sounds about right. Merica.
I custom ordered a 2021 F150 in 2021. It took about five months to get it because of the semi-conductor shortage. MSRP was just over $58K for the XLT hybrid. I paid $49K. When I showed up to take delivery, there were about ten trucks on the whole enormous lot. I had to travel out of state to buy, which was a hassle, but my local dealer had a $7,500 market adjustment over MSRP. So, yeah -- I'll travel to save $16K on a truck. The dealer where I bought also gave me what I asked for my Fusion trade-in. I doubt I could negotiate a similar deal today, though.
I would love a high trim Tremor but I’m sure as hell not paying $80-90k for it 😂 drop it to 50-60k then I’ll bite
That's insane. When they come down to 20,000 maybe I'll buy one . The truck isn't worth what they are asking.