Here's Why Now is the WORST TIME in HISTORY to Buy a Car | Prices SKYROCKETING | Live Call Ins!

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  • Опубліковано 23 жов 2024

КОМЕНТАРІ • 428

  • @KeezForThree
    @KeezForThree 3 роки тому +120

    I knew something was up when I saw a used 2020 priced higher than the new 2021 model 🥴

    • @SalviAkshay
      @SalviAkshay 3 роки тому +16

      And when I saw 3 year old model just $1.5k below 2021 😂. I wanted to buy a used one, no more, I will adjust for now. Not giving free money

    • @AcmeRacing
      @AcmeRacing 3 роки тому +5

      RVs are the same way. They can't build them fast enough.

    • @timm9114
      @timm9114 3 роки тому +2

      @@AcmeRacing spot on. Out here in SoCal all the RV dealers are not budging off msrp and some selling 5-8% over msrp. We looked at a 2018 rockwood triple slide bunkhouse model. Found it used at a dealer local to us, and they wouldn’t budge off $44k (just a few thousand under new). We found the exact same model and year from a private party in Colorado and we bought it for $29k. Made a nice family road trip to pick it up.

    • @ninjaturtle11754
      @ninjaturtle11754 3 роки тому +4

      My car is 2019 and carvana would buy it for more than I paid...

    • @steveghs1
      @steveghs1 3 роки тому

      Car max offer me 18200 I paid. 16100 new car 🚗

  • @JessicaHicks
    @JessicaHicks 3 роки тому +101

    Car buying is extremely scary to me at any point in time. 🤦🏾‍♀️

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +2

      What time is that?
      🤙🏿

    • @JessicaHicks
      @JessicaHicks 3 роки тому +5

      @@user-lc7zt8sk6i all of the time lol

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +2

      @@JessicaHicks
      Lol...jokester! I 👀 you.

    • @scottb.3811
      @scottb.3811 3 роки тому +2

      gonna buy a tesla i can do it all through my computer.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +1

      @@scottb.3811
      Enjoy Scotty. Just know, you can no bbn longer use BTC to fund your purchase

  • @jstanovic
    @jstanovic 3 роки тому +22

    BTW I used Car Guru. Used it to find the going dealer pricing, availability and length of time each was on the lot. I picked out the option level, color, etc I wanted. I went into the dealership with a pad with 5 cars clearly listed. As we got close, I told them if I leave I am not coming back and, “it’s a Camry, there are plenty out there.”
    Thanks guys. I used all the tips I learned from you guys and feel like this purchase was the first time the dealer didn’t screw me!

    • @jtotherog
      @jtotherog 3 роки тому +1

      Its still possible! Just gotta be ready! Cant waste a single minute

    • @deannaladratdsphne3546
      @deannaladratdsphne3546 6 місяців тому

      Me too..
      I left that Camry

  • @sidallen685
    @sidallen685 3 роки тому +66

    I’ve tried for two weeks now to negotiate three different SUV deals with no luck whatsoever, I’m done, I’ll buy a beater to drive for the next year to drive, the Hell with the dealers!

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +1

      Were you trying to buy new?

    • @sidallen685
      @sidallen685 3 роки тому

      @@user-lc7zt8sk6i no used

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +7

      @@sidallen685
      Geesh. I'm looking for a truck and keep coming across, "No haggle price" and pretty much have to pay sticker price. I did find a dealer willing to negotiate with me, but the truck had 210k miles on it and it was listed at $23k. The rep said to throw them a number and we can work from there. I was also told I could buy extended warranty, for peace of mind. The what? Idk they offered it on high mileage vehicles. I thought it was a scam, so I discontinued the communication.

    • @zhanazhana1001
      @zhanazhana1001 3 роки тому +5

      They are not trying to budge on Suv numbers cause SUVs have become so popular. I was looking into a suv and the prices is 😅 but sedans have been dropping

    • @jplay0426
      @jplay0426 3 роки тому +3

      Even new cars are selling at msrp or over...

  • @Welluknow4
    @Welluknow4 3 роки тому +8

    Used your site and saved over $4400 on a used 2018 Honda Accord (CPO)! Had to travel over 800 miles, but the savings were definitely worth it. I was able to negotiate away $2k in fees and find a car with a base price $4k cheaper than anything within 250 miles of my location!
    Also was able to negotiate to the dealer’s buy rate at 3.25%

  • @Rockinthehill
    @Rockinthehill 3 роки тому +7

    2 weeks ago I was able to sell my 2016 Ram with low mileage on it that I originally paid 25k for 25,500 to Carvana, Then I was able to find a 2021 Ram quad cab Tradesman SXT that stickered for 38k and was able to purchase for 31K last week SWEET!

  • @bobchannell3553
    @bobchannell3553 3 роки тому +9

    Who can afford to panic buy more than one car. I'm so glad I bought my truck in 2017. It feels like I did that just yesterday, yet it's 2021 now. The truck is more than half way paid off. Since it's a Toyota, it's still running.

  • @rammanohar8161
    @rammanohar8161 3 роки тому +8

    Great video, I am not buying anything for a while until the madness subsides.
    Cars are extremely over priced and dealers are behaving like gods who bless people.

    • @kookietherapy9398
      @kookietherapy9398 3 роки тому +2

      Even KBB joined in and raised price$. I'm not buying ANYTHING either, and that goes beyond cars.

  • @jstanovic
    @jstanovic 3 роки тому +6

    I bought a mint 2017 Camry XLT fully loaded with tech package, 22,000 miles last December from a Ford dealer. I just checked KBB, 25,000 miles same vehicle, same condition and it is now $4160 MORE than I paid for it!

    • @RobertBeedle
      @RobertBeedle 3 роки тому

      Maybe sell it and get a 2012 Camry. Not early than that as the engines in the 11s were crap. pocket the difference and wait for the car market bust. The 12 won’t depreciate. Early as much as the 17.

    • @chutneysmith6469
      @chutneysmith6469 8 місяців тому

      Good luck getting it. Everyone wants to lowball trade ins.

  • @jamesgiambattisto153
    @jamesgiambattisto153 3 роки тому +5

    You're gonna reach 1000 likes guys! Congrats. And Zach your dad and i are both hitting the big 70 mark this year. So make his the happiest b-day ever. Take him out to dinner and buy him a car. Best father and son team on UA-cam! Good luck in your endeavors from a nuts and bolts car guy.

  • @juggernautxtr
    @juggernautxtr 3 роки тому +4

    easy if your car is fine,when someone jumps in front of you making a left turn with 15 feet to stop when your doing 40mph, got no choice on a totaled car.

  • @karacole2304
    @karacole2304 3 роки тому +1

    Too late. 😅 We bought a used 2018 MAZDA CX-5 yesterday. I love it, but since we didn't have this video for reference, they added a Doc Fee and a Cert Fee and my husband ended up paying $1,300 more than he should have. It's bad, but we are glad there weren't more BS fees. Next time we will listen to your videos first! 😆 Love y'all. Thank you for helping us.

  • @thomassmith654
    @thomassmith654 2 роки тому +2

    Love the dynamic you guys have together. Great advice whilst being entertained.

  • @marvellyfuentes1398
    @marvellyfuentes1398 3 роки тому +9

    I've been talking to 3 different Hyundai dealership since the beggining of May, looking for a Santa fe sel premium, and they are being pretty firm but I did talk a couple of them down from 37k OTD to 35.5k OTD, so I think as a consumer, you just have to do your research, and stand your ground. I'm still trying to get them to go down a little more before I bring up my trade in. Love your channel, thanks for all the advise. Ps. I love Doja Cat lol

    • @18_rabbit
      @18_rabbit 3 роки тому

      Wow, I'd never pay more than 4-6k below price for Korean. No way. Toyota honda, sure but waaay risky and foolish to pay up for Korean.

  • @kyleturnbow3373
    @kyleturnbow3373 3 роки тому +2

    You guys should do an episode on Rebuilt/Restored Title vehicles. I would say 60% minimum of the vehicles for sale in local classifieds are dealerships "specializing" in rebuilt/restored titles. I looked into these, and unless they are selling the vehicle for about 50% of a clean title vehicle it is not worth it. Most of them are only selling them for $5-10,000 less than the price of a clean title vehicle but if you ever have a claim on it, most insurance companies will pay out significantly less on them in a total loss case. If you're wondering what happened to the vehicle to give it a rebuilt/restored title, typically you can just google the vin number and easily find the insurance auction photos. Most of these vehicles look like they should have went to a junkyard and not to a body shop to get rebuilt.

  • @marizen2
    @marizen2 3 роки тому +10

    Thank you! Very informative and fun recording.

  • @kyleturnbow3373
    @kyleturnbow3373 3 роки тому +8

    I think the panic buying already hit the truck market months ago, prices continually increase week after week and inventory is low so everyone that was on the fence about purchasing a newer truck went out and bought them all up anticipating a worse market, thereby creating a worse market for everyone else.

    • @Baked_intell
      @Baked_intell 3 роки тому

      My 2017 w 45k is has a clean trade in 1500 over my buying price

  • @suemassey6099
    @suemassey6099 3 роки тому +2

    I wish your volumes were the same... I have to turn up my volume to hear dad and turn down to not wake up neighbors when son speaks.... please adjust or wear headsets so when facing each other and not talking into mic we can still hear and not get shocked when you are facing mic.. Thanks for info.

  • @joewelnack3283
    @joewelnack3283 3 роки тому +1

    As a used car dealer the only thing I can say is that auction prices are crazy, the worst market I have seen in 52 years in car business! Inflation, lack of inventory, bad timing. We need to start making chips in the U.S.A. What would happen if we had to go to war with China. I have a Ford deal 200 yards from me and they are very reputable, but the lot is almost empty. A rumor got started that they were out of trust which was a lie. I use to carry 50 units, now I am down to 20.

  • @sparklander
    @sparklander 3 роки тому +2

    I totally agree with you, if referring to buying a used vehicle. Dealers are charging MSRP for new cars in Denver, but that price increase is more than offset by the increased value of a trade-in should you have one. Trades have never been valued higher. I am trading up 5 model years for only $10K for a 2021 Ridgeline.

  • @MeticulousTechTV
    @MeticulousTechTV 3 роки тому +1

    This weekend, I picked up a 2018 Mazda3 GT 6 speed with every bell and whistle at 16k miles for $20,600. Watched a ton of your videos before I went shopping, as well as signed up for YourAutoAdvocate and they helped so much. After researching the price like crazy, I found this car's recommend price range from $21,500 up to $25,000 for this trim/mileage/etc, so I feel like I did really well in this environment. They're also giving me what I feel is a crazy good trade in deal which I'm glad to accept.
    I was originally going to wait another year before buying a car, but I think that things could potentially be far worse by then, the next 6-12 months specifically. This chip shortage may easily go into 2023, and waiting two years just wasn't an option for us. Wanted to get the new ride before prices go totally out of control, and you guys helped me so much! Thank you!

  • @Tweettwish
    @Tweettwish 3 роки тому +1

    You are both fantastic! The knowledge from dad and the radio talent of the son make the perfect team!

  • @red32303
    @red32303 2 роки тому

    Two Toyota dealerships lied to me claiming they had a Corolla hybrid to test drive. I went to both. Neither had such a car. One would let me order one, without a test drive. Pete Boulware Toyota in Tallahassee, FL tried to bait and switch to a Camery hybrid (still no test drive) at a $$8,000 markup. Pete Boulware charges $1,999 for Toyocare, which Toyota provides for free.

  • @songj0056
    @songj0056 3 роки тому +6

    I live in San Antonio and looking for a HD truck. There are no F-350s and Chevy 3500s to be found around 150 plus miles around. I found two F-350s, but the dealer was marking up the price $8,000 plus MSRP. There has been panic buying here in Texas as new Ford and Chevy HD trucks are being sold quicker than dealers can get replacements. Luckily Ram trucks still can be found at MSRP or below for now.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому

      I❤ Dodge Ram. Great product!

    • @autoshowman
      @autoshowman 3 роки тому

      Stock is definitely low. I can help you out though, if interested. I used to sell in San Antonio and have contacts with dealers and wholesalers there.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому

      @@autoshowman
      Do we call you on Whats^App?

    • @autoshowman
      @autoshowman 3 роки тому

      @@user-lc7zt8sk6i My contact info is at the bottom of my about page. Please let me know if I can help you out, thanks.

  • @Daniel_TBR
    @Daniel_TBR 3 роки тому +13

    His dad is so cool! Especially when he looks at his son for validation when making jokes 💀 😆

  • @VIDEOHEREBOB
    @VIDEOHEREBOB 3 роки тому +8

    I scored a good deal this week after I waited and finally found a car with a manual transmission! I want one before they become extinct. I really did my homework and was relentless.

    • @boondoggle4820
      @boondoggle4820 3 роки тому +1

      I am super bummed about manual transmissions becoming virtually extinct in the US. I bought a new manual transmission in 2018 and you can’t even get that make and model in a manual transmission anymore.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +1

      6spd I hope!!! Manual is the way to go!!

    • @VIDEOHEREBOB
      @VIDEOHEREBOB 3 роки тому +1

      @@user-lc7zt8sk6i Yes! And very little rev lag.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +1

      @@VIDEOHEREBOB nice!!!

  • @kurtwl
    @kurtwl 3 роки тому +8

    Unfortunately there are no negotiations right now. Wait till EOY to buy.

  • @magali44276
    @magali44276 3 роки тому +2

    Wow! 98K subscribers! Awesome guys! Sorry, I haven’t watched in a little bit, so happy you guys are doing great! I remember when you had 5k subscribers.

  • @jameshall2299
    @jameshall2299 3 роки тому +16

    Car lots in north central Washington state are empty and or over priced. Trucks are 10-15% higher than 3 months ago

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому +1

      How do you know they are over priced?

    • @jonathanmccord8268
      @jonathanmccord8268 3 роки тому +2

      Spokane is looking pretty thin on the lots too.

    • @user-lc7zt8sk6i
      @user-lc7zt8sk6i 3 роки тому

      Man itll be 2023 before I buy a truck if I dont buy now
      Dealer should create it's own crypto token and allow folks to pay with that

  • @lauram9645
    @lauram9645 3 роки тому +1

    I just bought a Honda Pilot last night managed to get approx 11 % off msrp for my lease - but damn you have to go for the cars that are not in demand. Pilot is n still a great car and will be redesigned for next year. I called, emailed , visited dealerships and used deals against each other many dealers on Long Island would not budge much but you have to work at it and find someone . I did but I agree it’s the hardest it’s ever been. Ty so much for your advice, if it wasn’t for your videos I wouldn’t have done so well

  • @weekendhomeprojects
    @weekendhomeprojects 3 роки тому +24

    I’m thinking of selling my F150 for the same price I bought it for 4 years ago.

    • @coryplymel2404
      @coryplymel2404 3 роки тому +1

      Just sold my 2011 for 5k less than I bought haha

    • @angelcuri4141
      @angelcuri4141 3 роки тому

      @@coryplymel2404 hello! Where did you sold it?

    • @rodneyjhackenflash4865
      @rodneyjhackenflash4865 3 роки тому

      Why cheat yourself? It's obviously going for much more than its original MSRP.

    • @weekendhomeprojects
      @weekendhomeprojects 3 роки тому

      @@rodneyjhackenflash4865 It’s a 2015. Paid $30k for it. Should be able to get close to that even after 50k miles.

  • @trudat88888
    @trudat88888 3 роки тому +3

    Im in the situation where i put 58000 miles on my car exactly 24 months in. Carmax offered 3500 over what i owe on it. I can get out of the truck $3500 plus and start over with a new vehicle with 0 miles. I found a new vehicle (one price haggle free dealer) for 10500 off MSRP. (GMC Acadia Elevation edition with added preferred package and tech package). They're very few of these around yet i got a good deal is what it feels like... not sure if the low inventory is making final OTD pricing bad but it seems fair in my position. Get out of a high mile vehicle and my payment stays the same for a brand new one.

  • @jestanuthername
    @jestanuthername Рік тому

    This is one of the more informative and enjoyable podcasts I have seen. You guys gel b

  • @tcshy1903
    @tcshy1903 3 роки тому +3

    I’m waiting on buying. I want, but don’t have to have an SUV. In the meantime, I will watch you guys and learn all that I can.

  • @azurearcade342
    @azurearcade342 3 роки тому +15

    I'm having a hard time getting sales people to nagotiate down on deals, or better rates right now. They seem like they don't care to move vehicles off the lot and they are also charging a considerable amount to hold vehicles as well.

    • @bizkitman308
      @bizkitman308 3 роки тому +2

      that's when you literally just throw the keys back at them!

    • @piercetonmazell9402
      @piercetonmazell9402 3 роки тому +5

      As a sales person I can tell you this is just the case of the market right now.
      New inventory is extremely low and therefore the used market follows an upward trend. I recently read used cars are up 21% over the previous month.
      I'd just wait it out if you can, because people are simply purchasing these vehicles at the high prices you see at first pencil. Discounts just don't make sense to us during this market when we know we have 5 other inquiries on the same vehicle new or used.

    • @mollynash2597
      @mollynash2597 3 роки тому

      @@piercetonmazell9402 I agree, why would a salesman take a lower offer if they know within the hour someone else is going to walk through the door and buy the car at sticker price? If you don't need a car, it's probably best to wait until the frenzy dies down.

    • @18_rabbit
      @18_rabbit 3 роки тому +2

      @@mollynash2597 not 'probably', but certainly best to wait. This mkt is the perfect storm for future historic levels of upside down loan situations over next two years

    • @nocigar7730
      @nocigar7730 3 роки тому

      @@18_rabbit I work in the car business and you are exactly correct. The level of negative equity being created right now, is scary. Once the book values correct, the LTV on the loans being written will force prices down, this will leave people with existing loans waaaaaay upside down on an old used car i suspect.

  • @1noevalley
    @1noevalley 2 роки тому

    You too are reminiscent of "Click & Clack" , Tom & Ray Magliozzi. Good Stuff!

  • @loadedtoaster4954
    @loadedtoaster4954 3 роки тому +21

    Since the irs is holding my refund hostage I just watching and enjoying a father and son give car shopping advice lol

    • @nofundamentalsdc5103
      @nofundamentalsdc5103 3 роки тому +1

      I haven’t seen my 2019 yet :(

    • @azurearcade342
      @azurearcade342 3 роки тому

      The same thing is happening to my wife.

    • @JD-mq8ej
      @JD-mq8ej 3 роки тому +2

      They are holding mine hostage as well.

    • @wildbill9681
      @wildbill9681 3 роки тому

      @@nofundamentalsdc5103 same here…

  • @NadyaPena-01
    @NadyaPena-01 3 роки тому +12

    I love watching the two of you.

    • @bestnewf
      @bestnewf 3 роки тому

      I find them annoying af

  • @s99614
    @s99614 3 роки тому +7

    I have to wonder about the people calling in who admit that they don't need a new vehicle, but are buying one anyway.

    • @RobertBeedle
      @RobertBeedle 3 роки тому +1

      Generally speaking most consumers don’t need the vast majority of what we buy.

  • @lacharmer441
    @lacharmer441 3 роки тому +3

    I paid $23,380.00 (out the door) for a new, standard, 2021 Toyota Hybrid in Los Angeles, this week (May 2021). I was concerned that the prices will go up and never come down. Also worried that my current car would not last much longer.

    • @debbieseiffert
      @debbieseiffert 3 роки тому

      That’s what I’ve been looking for here in Vegas! What car did you get? Would you recommend your salesman ? What dealership? Thank you

    • @lacharmer441
      @lacharmer441 3 роки тому

      Toyota of Orange his name is Joshua Grey. I would call first and get price that is what I did. He did a good job because he had to find the car. It took him one day to get it for me but it was worth the wait. I got a silver Corolla Hybrid, standard model, exactly what I wanted.

  • @64t120r
    @64t120r 3 роки тому +9

    The movie with Jack Lemmon was the China Syndrome. Ray mentions the movie in the beginning of your video.

  • @zaphods2ndhead193
    @zaphods2ndhead193 3 роки тому

    I disagree on 2 vehicles if you can find one in stock. If you can find a new Toyota Tacoma/4Runner TRD Pro, Off-Road or Off-Road Premium with no dealer markup, buy it. Interest rates are low but will be going way up very soon and nothing holds resale value like the 4Runner and Tacoma. Used car trade in values are also at an all time high. I just traded in my 2012 FJ Cruiser with 140k miles for $26.5k and bought a new 2021 4Runner TRD Off-Road Premium for 44k (sticker). That car will last over 300k if you break it in right and take care of it.

  • @Princesssss932
    @Princesssss932 3 роки тому +8

    Everybody go start going to classes to build they own cars soon it’s getting outrageous!!!🧐😒😂

  • @waterheaterservices
    @waterheaterservices 3 роки тому

    In 1942 almost all car sales to non essential / government / military was suspended until the end of the war, in 1945. My grandfather sold his 1939 Plymouth in that market for about what it sold for new. That was the most expensive time to buy a used car.

  • @dennisdmenace6249
    @dennisdmenace6249 3 роки тому

    In my case, personally... Today I traded my car, and got almost 50% more than it was valued at 3 months ago. Traded it in toward a 2022 Honda Civic EX. The EX was msrp (Dest. Fee included) at 26k. Doc fee was $439. I'm not complaining!

  • @OGStinkywizzleteats
    @OGStinkywizzleteats 3 роки тому

    I just leased a 22 Hyundai Tucson hybrid at full msrp. I've never leased before. I figured it's better to get screwed for only 3 years and maybe make out better on the trade in, or have the option of buying at the depreciated value if things don't get better. Hope I made the right decision.

  • @MrKillerRC
    @MrKillerRC 3 роки тому +3

    In early April I bought a 2021 Pacifica Hybrid Pinnacle for $9,500 off msrp. Those deals are long gone now.

  • @FourQed
    @FourQed 3 роки тому +15

    The dealers have all lost their minds, but the fools buying these cars are stupid on a level I can’t even explain

    • @Dancing988
      @Dancing988 3 роки тому

      Correct and I decided to wait it out until this crisis easy down. Trust me this crisis will not last...

    • @ckeleher2011
      @ckeleher2011 3 роки тому +1

      Some people need a car and have no choice but to buy at worst time. Unlucky sure, but stupid, no 🙄

  • @TheGingerDan
    @TheGingerDan 3 роки тому +7

    We went to three different Kia dealerships yesterday. The first dealer put $2,300 worth of ADMs and wouldn’t remove or discount them. They said that is where they make their money. The second put more port installed options and ended up having a higher OTD. The final dealership told me the don’t put on ADMs and would sell it at MSRP but when I arrived, said they were going to have to add $1,000 so they can “make a profit”. I told them they are making $1,200 in profit selling at MSRP and they claimed the are only making $400 somehow.
    Essentially, there are enough suckers out there that will happily pay for ADMs or inflated prices simply because there are not enough cars available to buy. We certainly are not buying a car right now.

    • @kevinsonnenberg2868
      @kevinsonnenberg2868 3 роки тому

      What are ADM’s?

    • @TheGingerDan
      @TheGingerDan 3 роки тому

      @@kevinsonnenberg2868 Additional Dealer Markups. Basically, they add on things like paint protection or nitrogen in your tires at incredibly inflated prices.

    • @kevinsonnenberg2868
      @kevinsonnenberg2868 3 роки тому

      @@TheGingerDan Funny you’d mention those things. The Acura dealer we stopped at yesterday “includes” $1,899 worth of accessories and paint/interior leather protection on every deal which they said was non-negotiable. We didn’t mind the $500 worth of accessories that were in the figure but $1,399 worth of “paint and leather warranty” turned us off. I told them that and walked out of the dealership. We were leaning 2022 Acura MDX but are going to find another dealership out of state or another auto maker altogether. What a horse shit kind of deal to force down customers throat. This is why we don’t buy cars all that often.

    • @TheGingerDan
      @TheGingerDan 3 роки тому +1

      @@kevinsonnenberg2868 Yep. $700 for a blinking tail light when you stop (RED Alert, they call it). You can buy the part on Amazon for $20. GPS for $500 which is just lojack. Poly Steel which is a complete BS paint protection for $1200. We wife really does want a new car, we don’t need it, but I’m not going to pay $2,300 for $200 worth of stuff I don’t need or pay $1,000 over MSRP “Because people are paying it.” I’m not a fool. I’ll wait.

    • @kevinsonnenberg2868
      @kevinsonnenberg2868 3 роки тому

      @@TheGingerDan Yes, we are literally baffled that they would let serious buyers walk out the door in the name of gimmicky sales markup junk that the buyer literally doesn’t want or need. I’d rather they just said we are charging $1,900 over MSRP, take or leave it. When they brought unwanted bullshit and pricey paint protection into the conversation, we were turned off and wasted half of our Saturday as the dealership is almost 2 hours from our home. Live and learn, I guess 👍🏻 Maybe gonna turn our attention to the Audi Q7 or just wait to buy a new car.

  • @anivid222
    @anivid222 3 роки тому

    Yes, the dealer I had was a total liar and created a bs scenario. I spoke to one of your people and gave advise … but what was done was dine so I’m stuck with my 3 yr lease for now

  • @redskytitan
    @redskytitan 3 роки тому

    I think it’s not so bad, it all depends on the make and model, what part of the country you’re in, what relationship you have with the dealer, etc. But yeah, for the most part there are no discounts to be had - most people aren’t happy if they don’t get a discount.

  • @jrsupstateny
    @jrsupstateny Рік тому

    The Auto Advocate & Comedy show. Loved this episode.

  • @derektaylorkent7729
    @derektaylorkent7729 3 роки тому +1

    Do you think part of this that not many are mentioning, is that many are purchasing multiple vehicles for the purpose of renting them out through apps like Turo? So many on there seem to have 5+ vehicles.

  • @Merlodica
    @Merlodica 3 роки тому +5

    I’ve been saving up for the last few months trying to afford my first car, right now I’ve been trying to find a Honda Element to buy, just to find out used car sales are the highest they’ve ever been. Just my luck I guess

    • @Ndstars1
      @Ndstars1 3 роки тому +5

      Im in the same boat and it's a blessing in disguise. Wait and save long enough and maybe there won't be a need for financing at all.

    • @micheller6589
      @micheller6589 3 роки тому +3

      Same, honestly my family and I just decided to get a new car. I need one because I'm about to graduate college and living out of state my parents for work I have to get something. My older sister got a car right when I started college and it was $8k for a decent car with great mileage and service history. Now I can't find anything in that price range let alone anything with less then 100k miles and a good service history 🥴. It's a joke now

    • @18_rabbit
      @18_rabbit 3 роки тому

      @@Ndstars1 yeah, but credit union rates are at 1-2% right now. So push hard on your lender possibilities

  • @MG-jv7pe
    @MG-jv7pe 3 роки тому

    Our 2005 benz has 98K miles & our 2002 honda has 106K miles - we were thinking of finally getting new vehicles but not this year LOL! Hopefully summer 2022 car prices will have calmed down a bit

  • @Mike-gv1rz
    @Mike-gv1rz 3 роки тому +2

    I'm buying a truck this week (no choice) and got a good deal thanks to you guys!! I'm also selling my house next month and will have a big chunk of cash. I'm going to finance the truck now and pay it off after the closing. How important is it to get a good finance rate if I'm paying it off so soon?

    • @autoshowman
      @autoshowman 3 роки тому

      Not as important Mike. I have negotiated a lower price on the vehicle by accepting a higher interest rate. In my case they were buying the rate down to give me a lower interest rate. I instead had them apply the buy down to my vehicle purchase price and took a slightly higher interest rate since I don't keep vehicles very long.

  • @rodgerbane3825
    @rodgerbane3825 3 роки тому +1

    Not quite so bad if you have a good trade in. I got WAY more for my trade in than I ever thought I would, and, in large part to you guys, I got 0% financing.

  • @dickhead6762
    @dickhead6762 3 роки тому +1

    Don't "Dad" him Jr. Condom for Cars is awesome. Please let your dad flow. Hes an OG.
    Thumbs up for that comment .

  • @GoodSupply
    @GoodSupply 3 роки тому +1

    I live in Ontario, Canada and let me say how much “fun” it’s been shopping for a car. They’re all the same Car Sales peeps. Make or Female. They’re the lowest form of Sales and have no clue. I try to establish honesty right away and so far they can’t reciprocate that back. I am in Sales and manage a 3+ million account. My success is built on honesty, great service and being cool/making fun of other customers that are an embarrassment to the industry. Even the youth in Car Sales are just as bad to deal with. I’m still searching for a car, but I’m in it for the deal. I figure it’s going to get to a point where I just throw cash on the table and see what happens as I walk out.

    • @tammypham1024
      @tammypham1024 3 роки тому

      Same here. I have $20,000 in my pocket to buy on the spot, and went car shopping. The guy won’t even move the car so that I can test drive it. I don’t get it.

  • @Steelhorsecowboy
    @Steelhorsecowboy 3 роки тому

    I am just down the Pike from you in Turnersville. Love the "Jersey Guys" banter.

  • @flightattendantsteven
    @flightattendantsteven 3 роки тому

    I just tried to buy a Hundai Venue...MSRP was $23,710. They told me that they were going to charge me $31,000 because of the chip shortage. Needless to say, I left.

  • @Natgeo057
    @Natgeo057 11 місяців тому

    Thanks for all your great information guys,I appreciate it

  • @albertbrighten5691
    @albertbrighten5691 3 роки тому

    Unfortunately my car's engine chose this time to blow up ( a gasket). Repairs say a new engine is needed. A $5000 job on a less than $3000 vehicle. Gotta buy now!

  • @andreiareynolds4457
    @andreiareynolds4457 3 роки тому

    I have been looking at cars for the past few months. Right around the end of the year, prices were awesome. I waited until now and noticed prices were now insane! I was shocked. I have a Lexus but was and is looking for a second smaller car for my daughter. I don't know what I am going to do. She has license but wanted her to continue practicing on a smaller car. I guess I will keep looking,

  • @wandakeeter7381
    @wandakeeter7381 3 роки тому

    you two are cracking me up. My husband is 72 and been in the car business for what seems like forever. He tried retiring but hated it. Do you ever retire from the car business??? Now is the worst time for used car sales, but if you can purchase a new car and trade in your older car in its most often a no brainer. The numbers are insane. I just keep watching the lots get smaller and smaller. I had a Cadillac and when the lease was up, was able to sell it and make 5K instead of just turning it in. That would have never happened before. I hope it gets better soon.

  • @darrelvaldez9455
    @darrelvaldez9455 3 роки тому +1

    You have been saying do not buy a car now for over a year. Things will stay as they are, there will be no "now is a good time" to buy a car because things will not go back to what they used to be. Stay away from big car payments, get something you can buy cash, save money, then upgrade to something a bit better, beat it down to pieces, save more money until you can afford something you really want without having to be strangled financially speaking.
    Edit: I bought a 2019 frontier a year ago for 24K out of the door, everything included in the price. Carvana offered me 26,500 for it and did not think it twice (+10500 in equity) smooth transaction. Now into getting an Tucson 2022 hybrid for the wife, who has never owned a new car, Dealer asks MSRP for it, and like you mentioned in your video, nowadays MSRP is a great price. Negotiating price is a great skill, but if you are not financially ready to afford x or y cars, just don't even bother and do a favor to yourself and stay away from dealers.

  • @moes548
    @moes548 3 роки тому

    Just spoke with a Ford dealership in GA since they are a client of mine and asked out of curiosity how sales were going and she said that sales are down and next week they may not have any cars to sell

  • @briandoan3837
    @briandoan3837 3 роки тому

    Bought a 2002 Infiniti i35 at a car auction in January for $2000. I was lucky to be ahead of the curve. Price inflation is crazy at the auctions now.

  • @R6andS4rider
    @R6andS4rider 3 роки тому

    I didn’t know you were Jersey guys! Nice!
    On topic, I’ve been looking for a used Jeep Wrangler and can’t believe what 3-4 year old Jeeps are going for. 80-85% of their new MSRP 🤦‍♂️

  • @pttthhh
    @pttthhh 3 роки тому +1

    Worst time in history to buy pretty much everythiing except maybe TV's or clothes. Bit I haven't checked tv prices lately, so I'm probably wrong about that too.

  • @hectorramirez9353
    @hectorramirez9353 3 роки тому +1

    So apparently manufacturers can put any price tag they want on new car $1700 for destination and buyer is expected to pay? Whole thing is skammy. Then dealers want to price out your used to steal it.

  • @michaelsteele8027
    @michaelsteele8027 3 роки тому

    NOT the deal I wanted but I managed to negotiate $1500 below MSRP when the dealer wanted me to pay $5k over MSRP. The truck is still enroute to the dealer. In this market I feel I did pretty good just SUCKS to have to buy right now.

  • @billforrester5235
    @billforrester5235 3 роки тому +2

    I just saw an ad today on Facebook from Jack Schmidt Chevrolet. It was a 2013 Silverado, 4.8 V8,crew cab, 158,000 miles, $23,750. It said in the details, add $1000 if paying cash or outside financing. If I negotiate a price without telling them I'm pre-approved from my credit union, can they still add that $1000?

  • @jtotherog
    @jtotherog 3 роки тому

    Hopefully next spring the trucks will actually be affordable. This is ridiculous

  • @deannaladratdsphne3546
    @deannaladratdsphne3546 6 місяців тому

    MSRP 24,670..list price 19,999. Retail 16000..
    2018 xle v6..137 days on lot, 2 minor collisdions..109k miles..car rears to right..
    He eould NOT NEGOTIATE..
    Not 1 person on the lot...
    We left!!

  • @josieencinias5895
    @josieencinias5895 2 роки тому

    Good morning. With the membership to YAA could we give someone a call if we have questions?

  • @ReveredDead
    @ReveredDead 3 роки тому

    I live in Phoenix Arizona. One of the top 3 states in the country with the highest cost of housing, vehicle prices, and cost of living due to the shortages, rapid migration to the state and inflation. I hate it. I considered moving to Texas next year if this state looks to be a California 2.0. Unless it improves next year.

  • @patrickray7434
    @patrickray7434 3 роки тому

    I have a deal on the table right now for almost 13% off MRSP (a few hundred under Employee Pricing) on a Chrysler Family of vehicles. Yeah, it would require some travel, but I think you can do OK if you're truly in the market, will do some research and are 100% willing to walk away.

  • @stl0555
    @stl0555 3 роки тому +4

    I just bought a new Kia K5 EX and they gave me $4000 off MSRP (with a bit of negotiating).

    • @azadachibegone2731
      @azadachibegone2731 3 роки тому

      They are having issues with valve seals in their engines.

  • @anetajohnson8446
    @anetajohnson8446 3 роки тому

    I understand what you guys are saying, and your write! but what supersedes you, is if you are lucky enough to find the car you want, at the price you want! Your most apt to do that at smaller lots in small towns, Used cars that is. New cars may still be going higher in price! Its beyond my imagination how people will pay 60 to 80 grand for a new vehicle! or truck! And loose depreciation the first year.

  • @thomasflynn7797
    @thomasflynn7797 3 роки тому

    I am considering a new 21 VW GLI Autobahn DSG.
    So far I’ve got the dealer down around invoice pricing …. couple that with the inflated used car pricing and I’ve been offered $34K by Carvana for my 2018 Audi A4.
    If I choose to do this it would be a darn good deal.
    So at least from my respective, with this particular situation I don’t see his as being a terrible time.

  • @DOSKARAS
    @DOSKARAS 3 роки тому

    Just subscribed , looking for a new Subaru Forester or Toyota Rav4 and you guy's are making this shit go smoother. Thank's guy's 👊🏼

  • @pgperezlife32
    @pgperezlife32 3 роки тому +6

    Father: (casually) It's a condom for car buying. Cause we're trying to protect people.
    Son : (mildly shocked) DAD?!?!! 😆😆😆😆

  • @sharonrynne2242
    @sharonrynne2242 3 роки тому +1

    Trying to buy the other day what a hassel. They want 1800 down. But first the took 2600 off msrp. Smh i may just fix my 14 yr old car & wait 6 months. Then I heard Nissan is putting ppl into predatory lending for those that should not even be buying.

  • @mikedavis5207
    @mikedavis5207 3 роки тому +2

    Do you know whats crazy atleast over here in Delco I tried to sell my cars this week I took it the carmax and carvana and im still being offered 12,500 to 15,500 but there's both selling the same year less or more miles then mine 22k 22,500 witch is nuts to me because brand new in 2018 when I bought it it was 23,450

  • @emilyr.8721
    @emilyr.8721 3 роки тому +2

    Been researching and online shopping for several months. Knowing that the market is bad right now due to inventory and apparently a chip shortage, do you think there is a chance it might improve at any point this year or is this as good as it's going to get in the foreseeable future? Trying to determine if I should try to hold off with this purchase until next year if possible.

    • @iaskalbert3891
      @iaskalbert3891 2 роки тому +1

      They say this year is worst too 😀😂

  • @jewelpotter6221
    @jewelpotter6221 3 роки тому +4

    My late mom BirthDay is 5-25 ... I want to learn how to buy a new car.

  • @2aamerica329
    @2aamerica329 2 роки тому

    Do not buy a Toyota in Miami tried to buy a forerunner at MSRP and they wanted to charge 50,000 for a $41,000 car would not drop dealer fees or add-ons before the vehicle even go to the dealership claiming that they were added on by the factory paint protection in Toyo guard

  • @HandsONreviews4u
    @HandsONreviews4u 3 роки тому +4

    I am driving my 2012 Corolla Le into the ground.....and WAIT

  • @alaskaaudioguy35
    @alaskaaudioguy35 3 роки тому

    Who would I talk to. To fix something I’m your app I’m my area something isn’t correct the tax is wrong it’s capped in my area so tax isn’t of the whole vehicle price how can we fix that so when I run a report in my area is shows the right number it’s off by a lot right now I’ve called the number google lists for you guys all I get is a voice Mail of Zak’s voice never get a call back I have left a voice Mail. Love to see this fixed fo help me wind others and make or website even an even better experience. Thank you Looking forward to a response I have also left an email on your website multiple times on same issue never heard back.
    Love what you guys do you and your Dad and the crew are the best

  • @s99614
    @s99614 3 роки тому +8

    You should have asked the lumber guy about lumber prices.

    • @skscils598s09
      @skscils598s09 3 роки тому +2

      Thats skyrocketing as crazy

    • @frandanco6289
      @frandanco6289 3 роки тому +1

      I think I heard lumber is 394% higher this year..

  • @MarlonMoralestriment
    @MarlonMoralestriment 2 роки тому

    It seems that the dealers in South Florida are getting their act together, I've been doing some research using the website you recommended and co-pilot website, the China syndrome is the movie with Jack lemon about three mile island nuclear reactor power plant

  • @everythingcrypto5577
    @everythingcrypto5577 2 роки тому

    I wish I bought back 1-2 years ago, all the cars I was interested in are now 20-30% higher than they were before

  • @ms.jasminewilson5624
    @ms.jasminewilson5624 3 роки тому +16

    What if you need a car 🤦🏾‍♀️

    • @parnelpospahala7920
      @parnelpospahala7920 3 роки тому +1

      Right!?

    • @Lbyt21
      @Lbyt21 3 роки тому +1

      Literally my situation right now. I have no car and will eventually need to work to commute to work soon.

    • @undergroundsounds332
      @undergroundsounds332 3 роки тому +1

      Bite the bullet, negotiate, negotiate, negotiate. That's what I had to do and it was like pulling teeth

    • @RobertBeedle
      @RobertBeedle 3 роки тому

      Buy a decent early 2000s car, but still negotiate. You can probably get one for under 5k. Once the car markets come down to earth 🌍 buy sell the car and buy something else. That is if you want to, a good old car is awesome 😎.

    • @thesonorandesertangler
      @thesonorandesertangler 3 роки тому

      Buy 90s Truck cash

  • @itsjimmytimeee296
    @itsjimmytimeee296 3 роки тому

    My 2012 Toyota Camry hybrid with 260,000 miles on it flicked on its check engine light the other day…. Went to Toyota and they said I have an overheated engine costing 8,000 for repairs. I feel like this is an overpriced amount and they told me to trade in the car and set me up with a salesperson if I want. Feeling a scammy vibe or maybe I am just paranoid and my car really is done for?

  • @kookietherapy9398
    @kookietherapy9398 3 роки тому

    Dec 2020, 2015-16 Toyota RAV4 Limited w ~35K mi going for $18K all across country, now isted $5-10K more. I'll wait. That's bs.

  • @dgriffin6074
    @dgriffin6074 3 роки тому

    I checked the Kelly Blue book price of the 2007 Honda Ridgeline which I purchased a couple of years ago. It's worth more, supposedly, then when I purchased it, but, of course, I would have to pay an inflated price for a replacement. The movie was China Syndrome.

  • @ablejohnson
    @ablejohnson 3 роки тому +2

    There is a queso shortage too, this is getting bad!

  • @luismariaca4399
    @luismariaca4399 3 роки тому

    Here in Illinois dodge trucks are 10k-20k over mrsp. They won't sell you one unless you have a trade in.

    • @jtotherog
      @jtotherog 3 роки тому +2

      Shit nobody wants a dodge anyway😂🤙

  • @birdlady2725
    @birdlady2725 3 роки тому

    Happy Birthday! Thank you for what you do. Peace.