Federal government cracking down on car dealer junk fees

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  • Опубліковано 29 вер 2024
  • The federal government announced it is cracking down on car dealer junk fees, requiring dealers to provide a vehicle’s actual price and cost. NBC News’ Tom Costello spoke with one car buyer who says she was asked to pay $4,000 more than she expected.
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    #NBCNews #Fees #CarDealer

КОМЕНТАРІ • 784

  • @TheRm65
    @TheRm65 9 місяців тому +454

    There's a valid reason people hate car dealers: they're greedy and can't be trusted. Let us buy directly from the manufacturer and be done with the whole charade of car dealerships.

    • @LebronCCP
      @LebronCCP 9 місяців тому +2

      I trust the government

    • @redhunnid5142
      @redhunnid5142 9 місяців тому

      @@lightinthedarkness8541So he would?

    • @LebronCCP
      @LebronCCP 9 місяців тому

      @@redhunnid5142 Would he so?

    • @maozedowner5915
      @maozedowner5915 9 місяців тому +4

      Dealerships are required as when recalls are needed these are the place owners can go. All sold cars go back to the manufacturer is unrealistic.
      However, whether to sell the car through dealership or not should not be in the rule book. Let the manufacturer decide.

    • @steveogden1829
      @steveogden1829 9 місяців тому

      @@maozedowner5915 You are 100% correct. Dealers are absolutely necessary for warranty issues also. Buy a car direct from Ford and then need warranty work and then take it to a dealer and see where you wind up in line for service.

  • @charleswalker6109
    @charleswalker6109 9 місяців тому +187

    Consumers definitely need this oversight. Auto dealerships are a grotesque scourge and filled with crooks. All the hard earned money lost to lying, dirty, disgusting dealerships is an absolute crime! This isn’t government overreach. It simply puts these crooks on notice.

    • @mfstr
      @mfstr 9 місяців тому +8

      I was unaware Kia was offering a $500 rebate to finance with them until I saw the dealer add the $500 to the agreed price then take it off. Dealerships need to become service centers only, buy directly from the manufacturer.

    • @TheBooban
      @TheBooban 9 місяців тому +3

      How is this not illegal already? How come it took this long to do it.

    • @CalvinHikes
      @CalvinHikes 9 місяців тому

      It will do nothing. Not one thing.

    • @mattrowan2680
      @mattrowan2680 9 місяців тому +3

      The first three sentences of your comment also apply to the federal government.

    • @Sornago
      @Sornago 9 місяців тому

      They are crooks usual alot of the employees are ex cons

  • @Sarcastic_Asmodeus
    @Sarcastic_Asmodeus 9 місяців тому +57

    Nothing worse than having to go through a dealership to buy a car.

    • @Virgochik
      @Virgochik 9 місяців тому +7

      Yes, it's a miserable experience. I'm ready to buy a new car but I keep putting it off because it's so stressful, plus they drag it out for half a day to waste your time.

  • @liutang
    @liutang 9 місяців тому +19

    We were helping my parents buy a car and both us and the dealers knew what the actual price was. The transaction could've been done in under an hour. However, they dragged the process out for hours making us waste our entire day at the stealership. In the end, we got the car for exactly what it was supposed to cost anyways. The process is so inefficient and it wastes everyone's time. That's why direct-to-consumer wins. My big T purchasing experience was flawless and painless. It was like checking out a cart from the big A.

    • @jasonhebert1361
      @jasonhebert1361 9 місяців тому +1

      How did you know the actual price?

  • @daversj
    @daversj 9 місяців тому +4

    Years ago i made the mistake of going to a dealer in Ft Lauderdale area to buy a truck. Horrible experience. At the end of a two hour sweat show there were pre paid oil changes and a 12% interest rate hidden on the paperwork. When i asked the closer guy what the rate was the guy said he didn’t know, but i found it in the paperwork…he said it was the best in he could get me. Meanwhile i already had loan approval from the same bank for 7%. So the finance guy was adding 5 points and oil changes plus some other BS. The monthly payment was going to be $945. I walked out having wasted two hours of my life.
    I ended up going to fleet dealer in Palm Beach and got a similar truck for 550 a month with my own loan from a credit union at 6%. Not all dealers are jerks but some are criminal in their deception and sales tactics. The worst dealers are typically in poorer areas.

  • @marianodavid2437
    @marianodavid2437 9 місяців тому +9

    About a 2 weeks ago i tried buying a 2012 honda civic and they tried to charge me $1000 processing fee and $3500 if the engine or transmission ever goes bad within the next 3 years. Im not very educated in this area but $1000 processing fee is crazy.

  • @greggreg2263
    @greggreg2263 9 місяців тому +2

    Dealerships are rip off artist ripping you off at every single corner never bring your vehicle back to the dealer for anything, unless it’s a free repair under warranty

  • @penguin32383
    @penguin32383 9 місяців тому +8

    It is well past time to get rid of state franchise laws which prevent auto makers from selling directly to buyers. These laws are completely unnecessary and anti-competitive. Let the free market drive dishonest car dealerships out of business.

    • @epitome1986
      @epitome1986 9 місяців тому

      yea, it would make it more competitive because manufacturers will sell it for the msrp so dealers would need to sell at mrsp or better.

  • @NasiGoreng-mz1ld
    @NasiGoreng-mz1ld 9 місяців тому +6

    Yeah you explain to me how the sticker price says 21k and the total price is 33k...... That was in Orlando Florida yeah.. was told couldn't buy the car without the add ons...

    • @JeffandLeslie
      @JeffandLeslie 9 місяців тому +2

      then tell them you are not buying the car, turn around and walk out. If enough people do that then they will stop. Problem is, people tend to get into "I must have this car" mode when car buying. Salespeople are well trained in fostering that "buying panic" in customers. Remain detached. Buying a car should be no more emotionally connected than buying a loaf of bread or a television set at Costco. It is a business transaction. Either you come to terms you, as the buyer, agree on or there is no deal. I have walked from numerous car dealerships. No need to be nasty, just thank them for their time and leave.

    • @NasiGoreng-mz1ld
      @NasiGoreng-mz1ld 9 місяців тому

      Yeah I did the same... I walked off... They even try to offer me a ride home in one of their sporty cars lol
      @@JeffandLeslie

  • @dodobono452
    @dodobono452 9 місяців тому +1

    Literally charged a luxury add on to my 2017 Sentra for heated seats this was 2020 and I needed a car. This was at H Greg I’m still mad about it.

  • @idoyb449
    @idoyb449 9 місяців тому

    I was ones a salesman & our job is not help customers save money but take as much as can & lot of times lies help us to keep our sales look good & dont get in trouble from management

  • @TieDyedShawn
    @TieDyedShawn 9 місяців тому

    I got my first new car seven years ago. Guess what they sold me an extended warranty that expired before the car warranty from manufacture! Also free oil changes included. Found out I paid close to 500 for that in hidden fee. Then I got a letter from them saying they are under new owners and my oil changes are not longer free! Took my money. I will never go back to them! I want my money back for both things they sold me!

  • @Drucio1
    @Drucio1 9 місяців тому +1

    Lol NADA is right... we should just buy cars straight from the manufacturers instead of going through dealerships...

  • @dinr1801
    @dinr1801 9 місяців тому

    Come to NEW JERSEY, almost all of the small dealerships add on these bogus fees. The price they advertise is not the price you will pay. BIG SCAM.

  • @hammerfist8763
    @hammerfist8763 9 місяців тому

    It's pretty simple. If you absolutely, positively HAVE to buy THAT car, THAT day, at THAT stealership, then negotiate the price before you get to the back office. "How much to drive it off the lot?" Until that question is answered, no sale. If they try to add anything in the back office, walk, because you don't actually have to buy that car, that day, at that stealership.

  • @OptimusOne
    @OptimusOne 9 місяців тому

    Oil changes on EVs? Don't forget to add blinker fluid maintenance as well!

  • @mitchellkaplan613
    @mitchellkaplan613 9 місяців тому +1

    How about instead of new rules we just put the crooks out of business

  • @jimmyae703
    @jimmyae703 9 місяців тому

    thank you!!

  • @n16161
    @n16161 9 місяців тому

    “I asked questions but I was lied to.”
    Oh so you DIDN’T decline the warranty after all lol

  • @el8370
    @el8370 9 місяців тому

    The government should also check on false advertisments on false prices

  • @robertchristii5017
    @robertchristii5017 9 місяців тому

    Let’s be real……there are $60,000 Honda civics on the road. The dealer mark up period is Ludacris. Consumers should be able to order from manufacturers just like a Tesla.

  • @41ace39
    @41ace39 9 місяців тому

    get rid of the mark up too.

  • @Bajicoy
    @Bajicoy 9 місяців тому

    I was shopping for a 2024 toyota tacoma and saw the MSRP was 31,500. At checkout a $1,500 fee was added for handling. So basically the MSRP was a lie because no matter where I would be in the world, the actual cost would be $33,000.

    • @ms.b9093
      @ms.b9093 9 місяців тому +1

      Manufacturers delivery is rarely added at part of the MSRP! It’s always an additional charge!

  • @johnash9588
    @johnash9588 9 місяців тому

    Corruption everywhere

  • @floridaorbust5038
    @floridaorbust5038 9 місяців тому

    The owner of the dealership should be fined personally.

  • @freakyflow
    @freakyflow 9 місяців тому

    I worked for a shop that the dealer owned .......A ready fee of $300 = Remove white rap off the hood and door A old rag to the dash And a 4 min wash.....Most new cars ( Black shows alot ) have paint scratches Poor paint ....Oh And Paint protection? Thats a cheap silicon wax rubbed on and off your car...$8 cheap wax.........undercoating? Why You will never look under it in 1 year to see if it works..

  • @drumtwo4seven
    @drumtwo4seven 9 місяців тому

    KUDOS !
    THANK YOU

  • @my1vice
    @my1vice 9 місяців тому

    People are stupid. The government can't protect them.
    When I was selling cars, I put it right on the sticker's addendum... "Dealer Mark Up".
    And they paid it.

  • @CracKsoPrettY
    @CracKsoPrettY 9 місяців тому +1

    Buick GMC in lansing mi 🤔

  • @firedude5135
    @firedude5135 9 місяців тому

    NADAs response was insulting. They know exactly what’s happening and literally have to find the worst excuse to explain it. “Lengthening the buying process”? Come on you clowns...

  • @Think4yourself420
    @Think4yourself420 9 місяців тому

    Big dealerships have all that money offshore in accounts…. Sorry but this is Bigger then this.

  • @andrerodriguez7603
    @andrerodriguez7603 9 місяців тому +3

    Oh, but direct car sales to customers is a bad thing. Dealerships argue that they need this system to protect, and take care of the customers.
    Yes, bend customers over, when they buy cars. And afterwards for high maintenance fees.

  • @mrthomaslaux1
    @mrthomaslaux1 9 місяців тому

    What about delivery fees?

    • @zynterlinked
      @zynterlinked 9 місяців тому

      This is a huge problem too, consumers shouldn’t be responsible for a 1200 delivery fee

  • @kk4649k
    @kk4649k 9 місяців тому

    Good! now crack down on real estate on real estate agents. the % commision pay they get is unreal. With internet widely available, you find your own house now. Most even have 3d virtual tour of the house yourself so you can decide if you even like it or not before you even go to the house. A lot of leg works are gone. House prices soared. 1 out of 10 houses are over a million now. They should get paid a flat fee for their services. Not pay them 10's and thousands of dollars. I'm not saying pay them nothing. But the amount of work they do doesn't equal to the amount of work they provide for you.

  • @nikkiolukoya
    @nikkiolukoya 9 місяців тому

    Like road and highway fee…nonsense

  • @ERICANDYJASMINE
    @ERICANDYJASMINE 9 місяців тому

    Basta ibagayu

  • @JCF03
    @JCF03 9 місяців тому

    Crackdown on Hospital and Colleges/Universities fees should've been on top

  • @GeoffreysPlanet
    @GeoffreysPlanet 9 місяців тому

    Good job us government 👏

  • @Dieselpwr
    @Dieselpwr 9 місяців тому

    Government should stay out of the automobile industry

  • @andygreat423
    @andygreat423 9 місяців тому

    Scared me for a sec, I thought Stacy was that bearded dude.

  • @sagarmeena0210
    @sagarmeena0210 9 місяців тому

    dealers make hefty profits from future car maintaince

  • @fitgamerleo7367
    @fitgamerleo7367 9 місяців тому

    They have to crack down because they’ve bailed them out and now cars aren’t selling lol😂

  • @iansmith3975
    @iansmith3975 9 місяців тому

    Dealerships are on their way out. Let me buy a truck for msrp off an app from the manufacturer please. Tired of these dirty sand dogs

  • @tomkelly00
    @tomkelly00 9 місяців тому

    How about when these ****ers charge for nitrogen (air) in the tires or pinstripes on the car

  • @BigMilt8
    @BigMilt8 9 місяців тому +396

    These fees are why direct to consumer sales should not be prohibited.

    • @JB11335
      @JB11335 9 місяців тому +20

      Agreed, stealerships are only good for one thing...recalls.

    • @factorfitness3713
      @factorfitness3713 9 місяців тому +6

      Agreed. But car dealers are a powerful lobby and we all know who wins when it's the public good against lobbyists.

    • @jfuentss
      @jfuentss 9 місяців тому +1

      Yeah and our mortgages should also come directly from the feds so there’s no mark up on the rates, and also target should charge me what they pay, and the banks shouldn’t be allow to use my money or charge me fees for my account.. common stop being a cry baby and read the fine print, negotiate or leave, plain and simple.

    • @anthonymartinez4307
      @anthonymartinez4307 9 місяців тому +1

      Just don’t buy.

    • @factorfitness3713
      @factorfitness3713 9 місяців тому +4

      @@anthonymartinez4307 Don't ever buy a car?

  • @999Unstoppable
    @999Unstoppable 9 місяців тому +580

    Just let consumers buy direct from car manufacturers!

    • @chltmdwp
      @chltmdwp 9 місяців тому +8

      You can already do that...

    • @hanzreynado
      @hanzreynado 9 місяців тому +22

      I did that two years ago with Tesla. No pressure, no hassle, no hidden fees. Haven't been back as there is no service required.

    • @999Unstoppable
      @999Unstoppable 9 місяців тому +39

      @@chltmdwp only with EVs. Let's push it industry wide

    • @kr9c
      @kr9c 9 місяців тому

      👍

    • @fixpacifica
      @fixpacifica 9 місяців тому +2

      @@chltmdwp I was at a Hyundai dealership a couple days ago and asked about that. They said no.

  • @mrbond9882
    @mrbond9882 9 місяців тому +277

    Oil changes on EV's is *INSANE* 😂😂😂😂

    • @BradThePitts
      @BradThePitts 9 місяців тому +15

      Many EVs need the oil changed in the gear reduction system - similar to a transmission, except usually one speed.

    • @thanosianthemadtitanic
      @thanosianthemadtitanic 9 місяців тому +21

      ​@@BradThePitts🤓

    • @batsonelectronics
      @batsonelectronics 9 місяців тому

      they are very quick to do, less than 3 minutes :)

    • @batsonelectronics
      @batsonelectronics 9 місяців тому +18

      @@BradThePitts all cars need trans fluid and gear fluids changed, they are NOT sold as "oil changes" though.

    • @steveb796
      @steveb796 9 місяців тому +9

      @@batsonelectronicsEvs dont have transmissions or gears.

  • @icommentalots
    @icommentalots 9 місяців тому +396

    Every dollar you pay to a car dealer is already a junk fee

    • @robertkorth2911
      @robertkorth2911 9 місяців тому +7

      So they should sell the car for nothing?

    • @Cooljohn6595
      @Cooljohn6595 9 місяців тому +7

      ​@robertkorth2911 no put some one is making commission and taking home 20 or 30k a month for every add on per vehicle. Not even adding some of the hidden fees

    • @celebrityrog
      @celebrityrog 9 місяців тому +17

      The fact most states prohibit buying from a manufacture directly (Texas with Tesla) it prevents consumers from getting the actual cost price or slightly above cost price. Without having to pay a middle man for a job that exists for no reason other than to extort fees from you for simply selling a car on a parking lot rather than a manufacture lobby.

    • @Hans-gb4mv
      @Hans-gb4mv 9 місяців тому +1

      @@celebrityrog hate to point this out, but buying straight from the manufacturer is not guaranteed to not get junk fees added. In the Netherlands, Tesla has just been reprimanded by the commercial code commission for adding hidden junk fees when selling a vehicle in the Netherlands, which is illegal in that country. If Tesla doesn't change its behaviour in that country, the next step will be a court case, and everyone who has purchased a car from Tesla since the rules changed could go in and reclaim the hidden fees of over a 1000 dollars worth now, or i could see some lawyers going for a mass claim.

    • @PatrickAllen-yi9us
      @PatrickAllen-yi9us 9 місяців тому +3

      @@robertkorth2911 Of course not but some dealers are ripping people off with BS fees, for example. I saw a dealer trying to charge $400 for nitrogen in tires.

  • @mistervo8185
    @mistervo8185 9 місяців тому +116

    Let us buy straight from the manufacturer!!!

    • @NotthatNeil
      @NotthatNeil 9 місяців тому

      That only helps if you’re buying a new car. Who can afford the $50,000 for that?

    • @noahs9504
      @noahs9504 9 місяців тому

      @@NotthatNeil I mean the average msrp of new cars start around $32-35k then dealers mark up $10-15k depending on how available it is in an area. There's about 5 or so dealerships in my area and a $29k car is going for $38-42k depending on where you look. I dont know about you but I probably wont buy a car thats almost 1.5x the msrp

  • @thomastaylor6699
    @thomastaylor6699 9 місяців тому +15

    The number one rule is "be prepared to say no and walk out"! If you don't follow that rule, the car salesperson will sense it, and then they have you!

  • @foxtrotwolf6081
    @foxtrotwolf6081 9 місяців тому +127

    NADA says, "needlessly lengthen the sales process." Whose fault is that? Most of the process is spent in the F&I office turning down one high-profit add-on after another and listening to the guy berating your stupidity for not wanting that extra $75/month add-on.

    • @roachtoasties
      @roachtoasties 9 місяців тому +5

      The sales process is long enough trying to get rid of these add on junk fees. Customers are often worn down with this stuff until they give up and buy something they don't want and don't need. NADA just wants to continue the same crap, because this is where they make money. Anyway, I doubt anything will change. Dealers will find a way around this.

    • @JeffandLeslie
      @JeffandLeslie 9 місяців тому +5

      @@roachtoasties never let yourself get worn down. the overwhelming majority of the time, people are buying a car because they want one not because they absolutely must have one. When the dealership starts down the junk fee path, politely stand up and walk out. You do not owe them an explanation as to why you are leaving, they already know. Don't be rude, nasty, calling them names, just stand up without saying a word and leave. Put a couple hundred dollars in your current car's repairs and drive it for another year or two or five. I politely tell them I do not want extended warranty, paint protection, nitrogen in the tires or any other add ons and I am giving them one opportunity to sell me the car without it. If they try, that is when I walk out. Yes, there are some dealerships who are hungry enough to do it my way. Those that are not, well, hopefully someone else will buy a car from them so that the sales persons can pay their kid's college tuition.

    • @roachtoasties
      @roachtoasties 9 місяців тому +1

      @@JeffandLeslie Good advice.

    • @ryanshannon6963
      @ryanshannon6963 9 місяців тому

      @@JeffandLeslie Pff....you're still doing it wrong. You should have negotiated everything through phone calls and emails before even *stepping foot* into a dealership. I've purchased 3 cars like this (they've always been out of state purchases as the prices tend to be better than my insulated local market) and it's always yielded great results. Everything is already negotiated; I rent a car or fly to the dealership. They usually pick me up at the airport or call an Uber/Lyft to deliver me to the dealership. I'm there for about 1 hour just signing paperwork and then I'm on my way home. That's it. I've only had to spend more than an hour at the dealership if I look at a local vehicle specifically for a test drive and see what they can do on price. After all of that and they say, "I don't have that much in it" (when I know the trade in value for the condition of that vehicle is about $5k-7k less than their asking price and they just had it on their lot for a couple weeks) I say, "thanks for the test drive, bruh" and walk out.
      With the last car I purchased, I flew to Phoenix to buy the car and had to get it shipped to avoid paying Phoenix municipal sales tax. Even after all that, I still saved about $3k over local market pricing for a similar vehicle. Totally worth it.
      Also:
      An excellent resource into what *The Dealership Side* of a transaction is. Even if you've purchased 20 cars in your lifetime, if you've never sold at a dealership or been a "Finance Manager" then you may not understand the concepts the dealership is working for a potential vehicle sale. It's incredibly important to understand how the process works on their side to really cut through the bullsh*t and know if what they're saying is true or just straight up lying:
      community.caredge.com/c/deal-school-3-0/
      They also have a great community forum and how-to videos. I sold for almost a year back in 2013 to 2014, but there were some gaps in my knowledge on the dealership financing side (things like hold-back, triple net, floor planning costs, etc...). After spending some time expanding my knowledge and brushing up on what I already knew the entire car buying and negotiation process was much easier and less time consuming. Once they recognize you really know The Game and that you don't f*ck around and find out, they tend to lead you around much less, especially if you call them out on it. Price negotiation is still a thing, but if you're patient you're liable to get a better deal (being in a RUSH is *never* a good time to try to get a good deal. Time is your friend, so use it).

    • @PurposeTravel
      @PurposeTravel 9 місяців тому +3

      The NADA is a joke.

  • @frankcoffey
    @frankcoffey 9 місяців тому +70

    Dealerships seem to think of something new every year. It’s like behind closed doors they are saying “ people don’t hate us enough, what do we have to do to really make them angry…”

    • @lr6187
      @lr6187 9 місяців тому +3

      The gov is guilty of this too. Both sides.

    • @Anomize23
      @Anomize23 9 місяців тому +1

      @@lr6187guilty of “make it look like we care to the public because people are avoiding dealers now” where was the government yeara ago?🙄

    • @SRofKings
      @SRofKings 9 місяців тому +1

      It’s like an episode of South Park

    • @frankcoffey
      @frankcoffey 9 місяців тому

      @@SRofKings South Park used to have an easier time lampooning reality, now it’s getting difficult to outdo real life.

  • @AdamSternberg
    @AdamSternberg 9 місяців тому +8

    Next year Amazon is going to start selling new vehicles. They are going to crush the dealerships with all of their scams. It's going to be so much fun to watch.

    • @LexusGX460-OFF-ROAD
      @LexusGX460-OFF-ROAD 9 місяців тому +3

      yep... Can't wait for that... dealer shenanigans have opened up the car market wide open to Amazon...

    • @CrispyCars
      @CrispyCars 9 місяців тому

      I think it needs to be done, just not by Amazon. They do not need to own another market. The government is supposed to keep companies from getting this large and monopolizing, they obviously fail at doing so in most cases.

    • @murraymadness4674
      @murraymadness4674 9 місяців тому

      Amazon will add on 20% to the cost like they do for everything.
      Can you return it after 60 days for a full refund? This will be a great free car rental opportunity.

  • @iksnipus
    @iksnipus 9 місяців тому +66

    Good. I know they are crooks but taking advantage of their customers has gone too far. Gross business practices

  • @davidjsouth231
    @davidjsouth231 9 місяців тому +16

    Read every line item. Took me 2 hours to buy a used car at a large dealership because I wouldn’t agree to terms in the sale because of junk fees

  • @cryMOREjaja
    @cryMOREjaja 9 місяців тому +69

    Hate or love Tesla, this is why it’s so successful, no bs dealerships

    • @AdonaiNate
      @AdonaiNate 9 місяців тому +5

      But their quality hasn't been the best lately, they have too many gaps on their cars that dont line up some of the time. I'm not paying that much for tesla if they can't get that right.

    • @email6743
      @email6743 9 місяців тому

      Tesla is worthless unless you commute locally

    • @damonbradshaw5569
      @damonbradshaw5569 9 місяців тому +2

      Tesla isn’t a car company it’s a technology company that builds cars. If it just built cars it would have gone under years ago

    • @KungPowEnterFist
      @KungPowEnterFist 9 місяців тому +2

      Except, of course, all the BS Tesla dealerships. 236 Tesla dealerships in the US alone. Over 60 just in California. This doesn't count all the mobile service units, etc.

    • @JoeOvercoat
      @JoeOvercoat 9 місяців тому

      They took us halfway there, where Tesla bailed on the service aspect in the process of selling online. Meanwhile, Tesla is successful because it sells Musk’s lies.

  • @anonymousowl5240
    @anonymousowl5240 9 місяців тому +21

    Wow. The government did something good for a change. Thanks!

  • @arufai
    @arufai 9 місяців тому +6

    This is why am enjoying them going broke watching on UA-cam how every dealership is overloaded with trucks and no one is buying.100k for a pickup truck. How insane

  • @timshipp1145
    @timshipp1145 9 місяців тому +21

    If the NADA hates this so much, then it must be a good thing for consumers.

  • @604parkour
    @604parkour 9 місяців тому +5

    Anyone who’s made a career out of selling cars should be ashamed of themselves

    • @crucial0072
      @crucial0072 9 місяців тому

      You're getting mad with car salesmen as though they own the dealership and the cars on the lot. It's not their fault what the dealership owner chooses to do with the vehicles they own.

  • @johnnyamaro2043
    @johnnyamaro2043 9 місяців тому +5

    Why is the fed so slow on these types of issues

    • @Lobsterman5481
      @Lobsterman5481 9 місяців тому +1

      lobbyist

    • @magnoliamystery1288
      @magnoliamystery1288 9 місяців тому +1

      Too busy helping outsiders while neglecting their own citizens…

    • @ms.b9093
      @ms.b9093 9 місяців тому

      @@magnoliamystery1288Cry harder snowflake!! Republicans held this bill up and took some protections out of it too!! It was introduced earlier in the year! The majority of Republicans voted against it, even though they gutted it!

  • @CGMLVCGMLV
    @CGMLVCGMLV 9 місяців тому +61

    GOV Should have been cracked down on this as well as the rental increase amount for housing!!!!!!

    • @punapeter
      @punapeter 9 місяців тому

      what ever the market will bare in capitalism, you want socialism go live in a kabutz

    • @gamingwitharlen2267
      @gamingwitharlen2267 9 місяців тому +1

      Increased rent is just the housing market, the gov can't do anything about it or else it will cause another recession.

    • @YeetusMingus
      @YeetusMingus 9 місяців тому +6

      @@gamingwitharlen2267 Wrong. Companies buying up all the housing and charging high rent is a national problem that could very easily be fixed with legislation. Make it illegal for companies to buy homes and force companies to sell homes they already own. The massive surplus of houses for sale would be a huge win for young people who currently can't afford homes because of how bad the market is.

    • @punapeter
      @punapeter 9 місяців тому +1

      @@gamingwitharlen2267 people need to take responsibility for their own rent.

    • @YeetusMingus
      @YeetusMingus 9 місяців тому +3

      @@punapeter You need to be better informed

  • @garynapoli6244
    @garynapoli6244 9 місяців тому +18

    Need to do more. End dealership protections. Let us order direct.

  • @shankarchandrasekar9153
    @shankarchandrasekar9153 9 місяців тому +5

    Just bought a new car , one dealer added $5500 so called junk fees like paintstripe , filling nitrogen in tires. Walked away , got same car at another dealer below MSRP no junk fees. Buyers should hold their impulse and boycott greedy dealers so they are put out of business.
    Car makes should let us buy directly online same as Tesla , this will make car buying less stressful and helpful.

    • @CrispyCars
      @CrispyCars 9 місяців тому

      Idiots love making people rich. The amount of idiots with money is staggering, and all they want to do is give it to scammers.

  • @lookinforwater4344
    @lookinforwater4344 9 місяців тому +2

    Wish the FTC would really crack down on the dishonest dealership scheme…the old bait and switch scam is rampant.

  • @z1ltch433
    @z1ltch433 9 місяців тому +4

    I avoid the dealerships at all costs. These people steal for a living with no remorse both dealership side and service side.

  • @youtewbJC
    @youtewbJC 9 місяців тому +23

    I dont see how they will enforce this. Dealerships still discriminate against cash purchases and no trade-ins even though a law was passed for that.

    • @761jared
      @761jared 9 місяців тому +3

      Essentially handing out large fines once they're found to be doing so and (hopefully) forcing the dealerships to eat those extra fees from the customers.

    • @lazybones2831
      @lazybones2831 9 місяців тому +1

      Went to go check out a Toyota and they wouldn't sell me the car without a trade in. After discussing this they quickly changed their tone of voice and would sell it. We went elsewhere and got the same car from a different dealership who didn't try any extra BS.

  • @CalvinHikes
    @CalvinHikes 9 місяців тому

    No they're not.

  • @thomasmoroney1079
    @thomasmoroney1079 9 місяців тому +4

    I’ve been repairing my 23 yr old Acura for 23 years.Did the math! I’m winning but I have the oldest car on my street. You don’t HAVE to keep up with the rest of the world and always have a new car

    • @arthurbrumagem3844
      @arthurbrumagem3844 9 місяців тому

      All you need is a dependable car you are happy with. Kudos to you for not “ keeping up with the Jones’s “

    • @CrispyCars
      @CrispyCars 9 місяців тому

      I respect people that do this. Old cars are more reliable too. If people put a few grand into their old beaters they'd long outlast their new car. The new cars have so many different failure points nowadays.

    • @arthurbrumagem3844
      @arthurbrumagem3844 9 місяців тому

      @@CrispyCars depending on where you live ( Mn for me) the body will rust out before anything else goes

    • @yaseoul8475
      @yaseoul8475 9 місяців тому

      Cars are getting bigger and bigger. Those old sedans won't stand a chance in a crash.

  • @marysaade4343
    @marysaade4343 9 місяців тому +3

    You can always cancel those warranties! Do not let them tell you otherwise!

  • @nofilter.906
    @nofilter.906 9 місяців тому +3

    Ive walked out of dealerships when they started with all the extra fees b.s.

  • @AUTOMOBILZ
    @AUTOMOBILZ 9 місяців тому +1

    3M door film, or some kind of car security alarm that they allegedly can’t disable just to name a few……….it’s about time someone cracks down on this BS!

  • @richardwilliams5842
    @richardwilliams5842 9 місяців тому +7

    They don't call them Stealerships for nothing SMH

  • @dogs_r_forever
    @dogs_r_forever 9 місяців тому +8

    Absolutely agree that direct to consumers is the way to go. Dealerships have been destroying the car buying experience for years. Market adjustment prices? How does that help the consumer? Dealerships are so eager to talk about how they bring competition and value to the consumer. What value? You are charging consumers more money for the benefit of buying from your dealership with no additional value.

  • @arishem555
    @arishem555 9 місяців тому +3

    whenever you are getting to the dealer and about to buy car, - always ask for the last agreement page with the "total". It will be broke up to specifics. And look for the extras you don't want to pay and ask them to remove. And then and only then once they removed, - ask to print again last page and then carefully go through the all other pages. Specifically pay attention to not get any "warranty" thing you need to sign.

  • @uriarteh
    @uriarteh 9 місяців тому +2

    So true. While true we as buyers need to fully read the purchase order, ask questions, and not be afraid to walk away if something looks wrong, it is SO TRUE dealers are only in the business of scamming consumers and see how they can sneak in their fees and charge us over MSRP. Dealers must be abolished, allow purchase direct from manufacturer like Tesla does.
    Thank you Tesla for giving car dealers the middle finger.

  • @LK-bz9sk
    @LK-bz9sk 9 місяців тому +42

    As if dealerships weren’t greedy enough, it’s only now that the gov will step in and stop deceptive practises and straight up highway robbery

    • @punapeter
      @punapeter 9 місяців тому

      buyer beware, don't be a sucker

    • @lesleegile2611
      @lesleegile2611 9 місяців тому +2

      The manufacturer marks the car up more than the dealership. I’m glad you’re happy that the government will add some additional red tape to a vehicle purchase. Usually when the government gets involved the price goes up… bureaucrat’s gotta get that money too. 🤦‍♂️

    • @punapeter
      @punapeter 9 місяців тому +1

      @@lesleegile2611 suckers, I've always built my own, my 91 year old truck I've been driving for 21 years.

    • @lesleegile2611
      @lesleegile2611 9 місяців тому

      @@punapeter you have a truck from 1932? I didn’t realize Napa kept parts in stock for those. Sucks that you’ve only driven it for 21 years though 🤷‍♂️

    • @SykotikShadow
      @SykotikShadow 9 місяців тому

      You English? You spelt practices weird. 😂😂

  • @JuanAntonEgo
    @JuanAntonEgo 9 місяців тому +2

    Dealerships are snakes! That's why no one likes to go to them. My worst experience by far is goin to a Toyota dealership. I used their site to calculate APR. Payment etc. All worked out Great. Once I got to the Toyota dealership to pull the trigger on a new car. Half way along the deal manager comes out with insulting words like "you don't know numbers" when my numbers were legit & I proved it to him. Then he said. " we can't do that deal". Just shows you how big of snakes they are. Can't wait to see the day dealerships are no more & we can buy directly from the Manufacturer!

  • @armageddonready4071
    @armageddonready4071 9 місяців тому +2

    The last time I went to a dealer, it was full of a holes dressed in brand name attire and doing ZERO work, just hanging out fishing. There was like twenty people working at that dealer, and the only ones doing and actual WORK, were in the service department. Probably scamming oil changes and other overpriced parts.

  • @ENTHUSIASTICFIFAFAN
    @ENTHUSIASTICFIFAFAN 9 місяців тому +22

    This is the new low for stealership... they keep digging deeper into the bottomless pit.

  • @EfrainQuezada
    @EfrainQuezada 9 місяців тому +1

    First thing that should be investigated should be forced additions to the car, one that my cousin couldn't get taken off was nitrogen gas filled tires. 500$ for air in your tires.

  • @CaptVII
    @CaptVII 9 місяців тому +8

    Sometimes, the dealers build these fees into the negotiated price. For instance, when I bought a new vehicle, I negotiated the Out the Door price and had them draft up the paperwork. I saw that they lowered the purchase price but added in some dealer fees. But the bottom line negotiated price did not change. So there must be some incentive for them to tack on those fees. Maybe they dont pay taxes on dealer fee revenue?

  • @Unknown_tomb
    @Unknown_tomb 9 місяців тому +12

    I remember how many times the sales person wanted me to buy the extended warranty. I was like nah i know how to do my own maintenance. He was mad i didn't spend extra $$$

  • @baraclude
    @baraclude 9 місяців тому +2

    Get rid of stealerships. We need to be able to but directly from manufacturer.

  • @wranglerlife4ever42
    @wranglerlife4ever42 9 місяців тому +2

    Time for DTC sales and bypass these stealerships

  • @snorlaxTACO
    @snorlaxTACO 9 місяців тому +2

    Crack down on the MarkUps!

  • @ericgen1231
    @ericgen1231 9 місяців тому +2

    Trump said he could fix the problem just by thinking about it, but nobody asked him.

    • @frankelf3151
      @frankelf3151 9 місяців тому

      Trump likes this type of practice. He's been stealing from the poor and giving to the rich, himself.

  • @cecilmcgillicutty7160
    @cecilmcgillicutty7160 9 місяців тому +2

    Dealers seem to love heavy handed bureaucratic overreach and redundancy when it benefits them in the form of anti-competitive dealer franchise laws that prevent dealers from being exposed to the forces of the free market. I wonder why they're opposed to gov't intervention in this case?

  • @cmdrls212
    @cmdrls212 9 місяців тому +5

    Direct to consumer sales removes the dealership. Dealerships are the problem.

  • @SanDiego619RS
    @SanDiego619RS 9 місяців тому +2

    That crackdown still hasn’t arrived in California yet 😡

    • @ms.b9093
      @ms.b9093 9 місяців тому

      He said next July!! 🙄

  • @MargaretAnderson-ti1sw
    @MargaretAnderson-ti1sw 9 місяців тому +16

    This happened to my brother with additional warranty he declined SEVERAL times during the new car purchase process. He had it added anyway. We went back and screamed down the dealership. They took the car back, and he ended up with a new one just a month later. Same model. The dealer had to put his initial one into the 'used' category.

    • @BestMods168
      @BestMods168 9 місяців тому +2

      Nice story that never happened.

    • @CrispyCars
      @CrispyCars 9 місяців тому +2

      @@BestMods168 God you're ignorant. Are you aware how common of an issue this is? It's extremely prevalent.

    • @MargaretAnderson-ti1sw
      @MargaretAnderson-ti1sw 9 місяців тому +3

      @@BestMods168 If you are referring to my encounter with my brother's car purchase, it absolutely DID happen. The dealer DID take his purchased car back and give him the same model and color in order to take off the extended warranty. The incredible outcome was that the warranty costs, fees, etc once removed brought down the price to almost $5,000 decrease! It was a good lesson. All we could surmise was that their dealership could have been on a 'complaints list' with the state oversight board and didn't need the aggro.

  • @jsm2687
    @jsm2687 9 місяців тому +2

    Let us buy directly from manufacturers like Tesla does!

    • @ms.b9093
      @ms.b9093 9 місяців тому

      The auto makers don’t want to be involved in the delivery process nor the loan process, though they do make a lot of money doing it if every buyer used their loan products! Not every buyer would want to use the automakers lender leading to having to employ people to handle the process. Dealers fill that role at no direct cost to the automaker. Dealers also provide a cheaper delivery process and eliminate much of the liability!

  • @Thomas63r2
    @Thomas63r2 9 місяців тому +6

    The way this works: the sales team closes you on a payment that is far above what it should be based on the price you think you are paying - then the finance department points out all the free things that come with that monthly payment. Some dealers use a scorched earth sales policy: where they extract the most money out of you with all sorts of bogus mandatory add ons - they assume you will never buy from them again and this is their one chance to empty your wallet.

  • @Endless_Summer_Jo
    @Endless_Summer_Jo 9 місяців тому +1

    Thank you. Should have been done centuries ago. Finally. Next stop, over inflated costs in health care system.

  • @anthonymartinez4307
    @anthonymartinez4307 9 місяців тому +1

    Sure, isn’t the federal government the one who raised junk fees to begin with? Look at these ridiculous rates ( before Covid 0 apr ) today outrageous prices and 4.99 apr thru 9.0 apr on good credit. Looks like I won’t be buying indefinitely.

  • @AnythingJW
    @AnythingJW 9 місяців тому +4

    Oil change fees on EVs!?

    • @tnnsboy18
      @tnnsboy18 9 місяців тому +1

      HEY HEY HEY, i got a good price on my oil change for my EV

    • @JohnSmith-qe6fb
      @JohnSmith-qe6fb 9 місяців тому +3

      Should have seen how much they charged me for blinker fluid!

  • @matthewdurand72
    @matthewdurand72 9 місяців тому +1

    Should that be a crime?

  • @alansmith4734
    @alansmith4734 9 місяців тому +1

    They are called "Stealerships" for a reason!

  • @timotaneous3300
    @timotaneous3300 9 місяців тому +1

    I guess I won't buy a new car until next summer after the govt penalties take effect. Anybody purchasing now will get doopp. I was wondering why the final price was so high vs the sticker price. People don't buy now, wait

  • @AllenHanPR
    @AllenHanPR 9 місяців тому +4

    If a dealer is intentionally charging oil changes on EV. They should immediately be shut down.

    • @nimrod812
      @nimrod812 9 місяців тому

      An oil change has to do with the mechanical parts such as the engine which needs to be lubricated with oil, not with the fact that it runs on oil. All cars need oil changes however, charging extra for an oil change package upon buying the car is still ridiculous.