DEALERS WON'T SURVIVE THIS! Latest NEWS SHOCKS The Car Market!
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- Опубліковано 7 лют 2025
- DEALERS WON'T SURVIVE THIS! Latest NEWS SHOCKS The Car Market!
My Email - cqabrandon@gmail.com
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices
Going from 67K to 64K does not make the car any more affordable.
.. and it not be worth near that not even a month after it leaves the lot .. selling you something that IMMEDIATELY depreciates
@christinamarie3598 I bought a new dodge ram in 2003, decked out for $35,000...21 years later $100,000.......
Yep and that's the problem because the price that makes it affordable is below materials and production cost.
Half off is more like what they should be!
The price drops aren’t insane,the fact that they think they are still worth 27,000 dollars for a 19,000 dollar vehicle!
No one is feeling sorry for dealerships when not so long ago, we were seeing +10k "market adjustments". The market is speaking, let them adjust appropriately.
Toyota dealer still adding $6,500 market adjustment to Grand Highlander
@@DashiellParr411 Then the market is fsked! Dont buy it, let it lot rot.
@@DashiellParr411trust me that’s warranted they are like gold on the used market, people buy them with the expectation of losing money on the front end, anticipating on making it back with a retail trade and/or back end finance.
Based. The cars are worth what the market will pay for them. Clearly they aren’t worth the sticker price.
@@jjthegreat1981 garbage quality. Buried in the trade 3 yrs later....
Who would have thought selling $80k+ basic transportation would have ended poorly for automakers 🤦♂️
found clean 02 1/2 ton Chev.for 5000 84000miles clean to
but do you know, companies like gm assert that you do not actually ever own one of their products, they license it to you. go check it out. try to have one of those cars fixed without the required softwear.. you will own nothing and be happy...
Cut the cost to 144k? @1:03
BMW has it where if it throws a code you have to bring it in to the dealership otherwise you can't reset it unless you have their software. Even some models you have to plug it in to spread the calipers to install pads. If you change the battery you have to take it in because you have to get the dealer to enter the brand, the serial number to the battery or it will make your dash light up like a Christmas Tree.
@@justsayin3600wow
Doubling the price while making poor quality products will bankrupt any business.
The price isn’t doubled.!
This. Quality has dropped beyond double.
@ No it hasn’t
Price up
Quality down
Otherwise they'd be able to sell at least the work trucks. Company got a 22 chevy 3500. It's been in the shop more than on the road.
@ you’re wrong
I'm 57 years old, I remember when you didn't have a whole lot of money and you needed cheap transportation. You bought a truck. Yes believe it or not. Back in the day cars were more expensive than trucks/pick-ups.
Same age and I remember looking at new Chevy 1500's with AC, V8 and a stick for around $14k. Now they want $100k for a Jeep LOL
@@gpd456 I am a bit older and I remember my dad paying $2800 for a brand new Chevy with 283 and three on the tree. I think that was about 1967. My first Toyota Corolla was basic for sure, but under $1900 out the door... in California no less!
@gpd456 they want 100k for some of the chevy and gmc pickups too lol and people buy them
Because they were trucks not fancy luxury vehicles. Most of the people that buy trucks never need a truck
@stananderton6882 - the Inflation Calculator says that $2,800 in 1967 would be $26,453 today. I found a sticker for a 67 Chevy truck that said $2,221. The latest sales online have used examples going between $23,000 and $119,000.
My local Jeep dealer is selling new 2024 grand wagnoneers for 30k off msrp. Current price, 96k. Out of their mind 😂😂
$96K for lot rot 🤣 have they even started those engines since they got them?
Like, no thanks. My old Jeep Grand Cherokee was $32K for the top model, never did I ever think this new CEO would try to get away with $100K for jeeps lol 🤣
You can still buy a Mercedes GLS for way less, and it's way better...
It's like the markup on furniture. It takes cheap labor and an abundance of material and competition to make a table and chairs cost 100 dollars after it's built, but put it on the showroom floor for 3,000.00. Then have 40% off -1.200.00 so you only pay 1,800.00.
Hopefully hardworking people understand the scam of outrageous asking prices but have huge discounts, and still we are left with something overpriced.
Still out of their minds!
Yeah, the dealers think that's a great deal and people would be breaking the doors down to buy one. NOT!!!!
Why buy a grocery getter when u can't afford groceries.
Under rated comment of the day.
Exaclty
Bookmark this, a year from now, groceries will be much more expensive
🔥 😅
Nobody buying this has any trouble buying groceries. If you are upper middle class (income that is needed to buy a $50K+ car), grocery prices are insignificant.
A 70k truck needs a 200k mile powertrain warranty.
Big Time F them
The 70K trucks are not even worth that included.
They won’t last 100k
The problem is that they are fixing the problem with the same old garbage parts
@@jwill540 the problem is normally not the power train!
It’s not just the price of the vehicle, it’s the shady dealer add ons in the finance office. Paint protection, wheel protection, fabric protection, tracking, sales fee, etching, window tint… it’s horrible and nobody wants to deal with it. They aren’t up front about it, they lie and try to hide it and it’s so stressful.
Stressful maybe,
SHADY is spot on....
Ford is the WORST
Dealer network relys on underhanded sales tactics, screwing people is how they survive...
skip ford no matter what, you WILL be screwed in some way
I agree 100%. Once they do any of that stuff to the vehicle I consider it used. Did the accidentally spill some acid on the paint when etching the window? Plus who wants their window back
No, it is the price of the vehicle
It's both.
The real issue is that manufacturers raised prices over 40%. The public didn’t get a 40% raise and now they think they are throwing the public a bone with 10% off. It is still over 30% higher than what we are used to. Oh yeah, we didn’t get a 30% raise either!!!
Those Grand Wagoneers are the biggest waste of money. $100k+ for a Jeep, lol.
Not even 4 years ago, $150k would get you a decent HOUSE in many places. How did we get to where a depreciating asset that isn’t a luxury sports car is priced like a literal home???
Ever heard of the federal reserve? That’s how…
Ask the Fed.
Printing money from air.
Lets hope we don't loose reserve currency status. If we do we are all screwed
Great question.
Such a 'disaster' car market - yet cars still 80% higher than 2016 levels... Our salaries did not go up that much. THis isn't rocket science lol.
Yep. Also, it isn't just the American Market. If you look at Europe, it's the same. Sales are way down since the mid 2010s, and prices are way up. It isn't rocket science.
also interest rates for car loans are WAY higher which drastically increases the monthly payment even if the price doesn't go up. the federal reserve dropped interest rates recently but home and auto loans went UP due to that. people need to remember that the federal reserve rate is pretty much only for the government. WE dont get those rates.
@@jajsamurai add in extremely expensive full coverage insurance...
Money is leaking hard somewhere. It ain't recirculating like it used to. Perhaps into crypto or something. It is having disastrous consequences for the global consumers.
Regular ticket items like cars are having a hard time selling. Also the stupid idea of 10k-20k upcharges on dealerships have short term winnings in exchange for long term consequences.
The cars are going to drop like flies for consumers to see them as a good deal instead of holding onto their old vehicles for another year or three
@@WhiteWolfoseveryone I know is hiding money in bitcoin now instead of having to buy vehicles and things to offset the tax
I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
It's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Evelyn Vera. for years and highly recommend her I focus on her. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I would really love to know how much work you did put in to get to this stage.
Wow! wow! please is there any way to reach her services?
*+134*
*1207*
$3,000 off means absolutely nothing when the vehicle is 50% overpriced. Whatever they have posted for a price on their window you can basically cut that in half and that is what the actual value of that vehicle is worth. These large dealerships seem to have forgotten where they get their money from.
It’s not 50% overpriced. You probably haven’t better yourself and gotten a better job or gotten a raise in a while. That’s why you think that vehicles are expensive buddy. If you don’t like the prices, then get a better job.
@@RONderluck What job do you suggest he / she get that leaves >$3000 PCM spare after outgoings for a nice new Hummer? I didn't realise there were a few million spare brain surgeon jobs going for all of these cars to successfully sell -.- That's a pretty impressive job market.
Anyway, spoiler alert: Not many people with that amount of spare cash is going to buy a military-based SUV.
@ you don’t have to make brain surgeon money.
@@RONderluckbro I can’t even afford a new Corolla right now and it’s a fucking Corolla. Its not the Money we make that’s the issue it’s the prices
Some dealers are still holding onto new 2022's and with dealer markups. I'm so blessed that I purchased my car in early 2020. 5 payments left!
Well done you.
@@stevekrupey3611
Bought mine in 2019… almost paid off and by the prices I won’t be getting a new car for quite sometime.
One dealer here in western NY has 5 Challengers on the lot.
How greedy do you need to be to not sell a 2022?
@@MiteshDamania Unbelievable. They were all Challengers and Chargers.
I talked to a local dealership that still has 2023 Jeep Wrangler Sport S for $48,000. When i asked how negotiable they are they said that was the lowest they would go. I laughed and told him good luck with keeping that one.
Another year and it will be a collectors' item!
I had teh same experience.
I looked around for 2023 NEW Off Road vehicles
EVERY single dealer basically told ME to f off and they are not going to lower their prices
I laughed and walked away knowing I will NEVER buy from them in the future
Dodge needs to build $28k work trucks that are simple and easy for the OWNER to fix.
They tried that with the Maverick pickup at that price point then dealers jacked it up to $35k and everyone was like wtf?
@stonefox9124 That's not a truck. Maverick is a Subaru brat repackaged. Look up the new toyota 20k work truck.
@stonefox9124 Easy to fix. 5% markup max allowance.
Charge a customer more than 5% over MSRP, you lose your franchise.
They make plenty on the trade and the financing / kickbacks.
@stonefox9124 And , have you tried to work on those ti y 3 cylindertransit/maverick crap?
Interesting... I suggest dealers be limited to 5% profit or lose their franchise, and the algorithm deletes my post.
🤔
After sitting for 2 years a vehicle is going to have battery issues, dried up gaskets or some kind of trouble. I wouldn’t buy a new car that has sat for two years without a long full coverage warranty. If they aren’t conditioning the tires they are probably drying out a bit too.
Respect. This guy can make the same video every day and people watch lol 😂
I want to go offer 20k off the asking price and call it a “market adjustment”
remember market adjustments? It should work the other way now.
I tried, they got boo boo and counter offered for 12k off.
Their ego is still too big to slash $20k off and eat the difference themselves; and they would rather bring the car to auction and no sale it if below asking so they can still keep some of the dignity to themselves and not let end-customer having a grin on the face because they are offered $20k discount.
@@GoonyMclinux i would say ok then 30k off and that door over there is looking fine for walking
Honestly if you are in the market for a car, look for "stale cars" that have been on the lot for over a year, and make a super lowball offer. When they say no, walk away.
There is a good chance they'll give you a call in a couple days. A lot of dealers are desperate to lower inventory. They need the space for new incoming inventory.
Let these new car dealers go out of business, they deserve it.
They'll cry for a government bail out.. The dealer owners are all in on it together..
@@jacksparrow3490 I predict something very drastic will happen, mandated by the Federal government that will come right down to state and local governments. Consumers will suffer greatly!
The mechanics don't deserve it. But the owners, their probably living is a mansion driving a Ferrari, while everyone else is barley making it.
I was an underpaid snd under appreciated dealer technician for my entire adult life. It makes me so happy to see the industry in tears and all of the experienced senior techs doing something else. Im looking into oil and gas bevause we live in texas now. Rig maintenance is right up my alley after a year or two of floorhand experience learning about the rigs.
Also You Will More than likely Make in the High 6 figures!!
That sounds like me..I'm from Alberta,went into seismic loved it, made it to North Africa..loads of money
If you want the prices of cars to come down, stop buying the garbage made today.
Meanwhile, each of the CEOs (from Ford, GM, and Stellantis) are getting over $20 million to $30+ million dollars a year.
Kudos to everyone that is sitting this one out.
Let the lot rot continue…
The same way John Deere works. Give the employee anything so their bonus is 10 to 30% more
Fuckin right
The Chinese youth phrase: "let it rot"
Prices are still too high = no sale.
My old truck runs great and is paid for.
Would love to buy a new truck but not paying over 32k for one
My car is paid off and I'm driving that thing into the ground LOL
Same here my 15 year old f150 still drives great.
20 year old Tundra here, having it repainted. Fuck these new cars that break down all the time and lose 50k in depreciation the moment you drive them off the lot. @@jerrypauling7809
🔥 we are in Christmas.!!! Let it rot, Let it rot, Let it rot .!!!
😂
😆🤣
The computer are going to go bad b4 120k miles anyway
@JasonfromMinnesota lol, I’ve got 11, 20 year old computers in just one car. gps still works and nothing has failed. Even the original computer in my 1985 Regal still works. In my experience it’s connectors and switches that fail first.
@@corymorrison4488 Got any from any time recently? Completely irrelevant
Not watched any of these videos for a few months but it is nice to see that they are exactly the same as when I first started watching them a year ago. Considering the car market "is done" they all still seem to be in business so someone must be buying them.
Nihilistic videos and thumbnails get more views. Its a fancy way of lying
I remember last year when UAW went on strike demanding 46 percent pay increase. They ended up getting 40 percent. Now, some of them are getting 40 percent of nothing. UAW workers dug their own graves when they when on strike. 🧐
Why u mad at the workers that put them together? They didn't set the prices you see. CEOs absolutely refuse to pull that wage package adjustment from where it SHOULD come from....THEIR BOTTOM LINES!
They didn't NEED to pass off the cost to the public, it EASILY could be absorbed by profit margins..which had been going to CEOs, upper management and large shareholders in the form of stock options and buybacks.
40% increase on cost of living for workers.
Bryan, you stated that
your favorite dealership didn't have
add-on window stickers. Yes, that is true.
However, I went to their Nissan dealership
back in the Spring to
purcase a Frontier. We
negotiated a price that
I approved. But when I
went to sign the papers, they added almost $2,000 in additional costs for coatings, theft protection, administratie fees, etc.
When I objected, I was
told that they charged
these fees to every sale
and that they were nonnegotiable.
I left without the truck.
Good job! Feels better not to get screwed right! 😮
And I bet that they still have that truck, can you say SELLER'S remorse?
Just tell them if they are not negotiable to give you another $2,500 off. This way they learn every time they irritate you it costs them 😂
Good for you!
Good for you,tell them it’s market adjustment!
It’s called corporate greed - no matter what you are a republican or a democrat .. a CEO shouldn’t be making 29 million a year. They get fired doing a terrible job and still walk away with tens of millions of dollars that’s just insanity and yes I’m talking about you Mrs Ibarra
And if they made $0 the cost of the car would go down $50. CEOs don’t add cost to a car, but yes they should not make that.
@@user-wq5ws1qs7xWhat?😂😂😂
Thanks for contributing 🐃💩
That isn't it. Don't let them brainwash you into thinking a CEO being paid in stock options is the reason eggs are $5 a dozen.
Its taxes. Its overregulation. Its bloated administrative and HR departments.
Also: Strange pattern emerging of these autist CEOs getting out of lockdown / covid and turning into even bigger price-gouging wallopers for some reason. Maybe they didn't make enough coke money through covid & now they feel they have to make up for it. either way, such a shame 🙅♀
For real
Over inflated prices cause unnecessary blowouts.
Who can afford 60 70 thousand with high interest rates?
Thanks!
My spouse rents tons of cars due to work and currently we have a Chrysler Pacifica. As nice as this thing looks on the outside, It has some MAJOR issues at only 43K miles. Loud Rumble coming from the transmission, We have several warning lights, Lane assist and Pre Collision not working. It blows my mind they are charging so much for such low quality products
Lane assist, the horror.
Chrysler has always been garbage lol
I own a 2017 RAM BIG HORN TEXAS EDITION when I bought it I paid $37,000 today if you can find one they are pushing $100,000 equipped like mine. Mine has 120,000 miles now and I WILL NOT buy a new truck again at these stupid prices. All I have ever owned are DODGE and RAM trucks. I have decided that at the cost of a new truck and the cost of a crate engine I am going with the crate engine and get the truck repainted and that will still be UNDER $15,000 why pay more?
They need to lower the prices by 30-50%. If they did that, they would certainly move inventory.
Some yes but not enough when 60% of the population is existing pay check to pay check never mind struggling to afford the basics.
60 percent at least across the board.
All companies need to have a 100k warranty if they want customers to buy.
That's a loss of like 100 million, you can play the waiting game for a long time instead of instantly losing 100m
@@DolphinDivingChamp Of course, every day you wait, your inventory is worth even less. They are paying interest and storage costs while their inventory keeps depreciating. At some point you are going to have to buy more storage lots as new inventory keeps coming in. Dealers have 3 million vehicles excess inventory when they are only selling about 16 million vehicles a year.
I doubt you will get people in for 2024, 2023s and 2022s at current prices. However, Dealers will have to keep bringing in 2025s.
Happy to see this. Manufacturers and Dealers need to start going bankrupt so they start paying attention to what buyers actually want. I want a stripper 3500 Truck with a diesel and a manual transmission for $50k. Manual windows, basic locks, no radio and no electronic garbage.
I paid $64k+TTL for my Jeep Gladiator Rubicon diesel last year. It was fully loaded and marked down a little over $10k off of its sticker. It was an early 2023 build--later in the year the sticker price would have been $77k. I absolutely love the thing!!
Stellantis: We are laying off many people because nobody will buy our $80K Jeeps
No one will buy our $80K jeep that is only worth $35K.😂😬🤡
👊💅 🔨 🤯 😂
The real answer is I don't care they're too expensive I'll never buy one anyways totally beyond my budget so they can go by the way of the Edsel
$100k Wagoneer or $100k Range Rover? Which will you choose?
@@DashiellParr411 $35,00? That's too kind!
Stellantis laying of people because of "poor car market conditions" of which they were a large part of creating.
$144,000 for a hummer.... that's more than I paid for my house!
Wait till tariffs come in to play
@@Darktophat_10 Please stop with the TDS. It is old at this point.
@@evilspoon5280 It’s just a statement that people with common sense make or wealthy people. It’s more than I paid for my house also but my house is currently worth just over 300k. I wouldn’t even consider paying 300k for my house. It is a good house but nowhere near 300k that I can sell it for tomorrow. A few folks are able to pay these prices but our young people are going to be crippled for years because of greed.
@@Darktophat_10tariffs will only bring lower income taxes! Remember history Dark Phat
@@h2o100c Whats your proof.
if it takes 7 or 8 years to pay for it ,it should be under warranty for that term
We recently purchased a ‘24 GMC Terrain, and we love it. We had three accessories for over 600 hundred or so for rubber mats throughout including the rear hatch area, sun visors for the four doors, and rear molded mud flaps, and our car was under 34K.
Woah, Stellantis is really good at layoffs and plant shutdowns. Maybe the CEO has too much on his hands trashing his own company. 😮
It’s obvious to everyone except dealers and manufacturers, prices need to drop by 25-30% to pre-pandemic levels.
I decided to sell my mustang to the dealer before it gets a year older. They gave me a reasonable price. They're now asking 3500 less than what i paid for it new. Lol.
I refuse to believe dealerships are hurting until they start to lower prices. At every dealership in my area there are still $10,000+ market adjustments tacked on the window stickers. This goes for Dodge Rams, Durangos, Jeep Gladiators, Wranglers, Grand Cherokees, Ford F-150s and Rangers, Toyota Tacomas and Tundras, etc., etc. I just had the 200,000 mile service done on my 2004 4Runner - so I can comfortably hold off on getting another car for 5-10 years if I have to. Maybe I'll just get my old car repainted.
It’s funny. I’m looking to buy a truck right now and the local dealerships are acting like they have no problems selling cars. They don’t want to negotiate at all. Two trucks I want have been sitting on the lot for 60 days and they won’t drop the price at all.
Dealerships are playing "chicken" with consumers, waiting for consumers to cave.
@@gregoryschmidt1233they certainly are. I don’t understand how they are staying in business
@@mcaleese529service dept.
Try emailing them and negotiating a deal with no face. Maintain your leverage and shop around. My best guess. Cheers.
The economy is way to bad to be paying them prices.
Thanks for keeping us posted brother! Won't buy another truck until they get back to 30k and under!
inflation has actually stayed relatively the same as the past when it comes to new car prices.
@essel23fly 5%on 100k isn't the same as 5% of 30k
At first I was like "that's not possible", but then I remembered the Nissan Versa 5 Speed for 20k NEW video I saw the other day and realized it's definitely possible!
you will never see that. Base models may return to near that, but the better models will not get below $50K. Dividends MUST be met.
Sounds like your next truck is gonna be a Ford Maverick.
I went to buy my fifth Ford Explorer. Instead of the normal V6 they now have a four cylinder turbo. I ended up buying a Nissan Pathfinder with a V6 and no turbo. It was 2024 with 8K off list and a lifetime power train warranty.
lifetime power train 👍
If it doesn’t have a 6…it sits.
The problem isn't just the price.
the american public want to buy cars like the way they buy stuff on amazon. straightforward pricing, no bs, no annoying sales, closer and finance managers.
I think the you tubers are making more money than dealers by making videos everyday.There is no relief for car buyers from dealers.
Poor 'market conditions' means very overpriced product not worth the asking price and dealer add-ons where applied.
Explain how a Ford Transit Ecoboost is 70k. 70k for an empty aluminum box. If the bronco can be sold for 27k the Transit should be 25 max
And they are low quality! Made to break! Not just maybe,, but made to break early on! No more Quality! 😮
Commercial is the only part of Ford doing well. That is about to change. Transits are getting way too expensive. Watch the prices drop shortly all the pent up demand is gone
Your regular average worker is BROKE, this inflation has wiped the working people Out! 😮
There is a 20% tariff on transits because it's made in tuekey
The Ford Transit is built in Kansas City. The old Transit Connect was built in Turkey.
To be quite honest, the real issue is the economy! Period. I live in Texas and I simply do not know anyone that can actually afford to even buy a new vehicle right now. Dealerships think they can move products through incentives when no one can actually even afford them or their credit has taken huge gits as many have lost jobs. They simply don't "get it!" At all! I can't think of even 1 single person I know who can afford these vehicles.
One thing about the host of the video, clearly he can back up what he says about car dealerships losing money. 👍 Great information.
Imagine that. Toyota and Honda quality goes to hell as soon as they move production to Mexico.
I know several guys who won't buy a Tacoma simply because it's made in Mexico
@@chriskelly509 Nobody wants a 4 Cylinder Tacoma
@@Tony-q4f3t wish they would import the Hilux
Honda's Quality control problem is From the 🇺🇸, Well for the V6 at least, I do own a 2020 V6 almost 60,000 miles on it still going strong, Time will tell.
@@chriskelly509 🤨🤦♂
I'm not paying a year's salary for a vehicle..
When your prices are already insanely high a business scheme to keep your margins high and your price is up is not going to work. I can sit tight for years in the position I'm in right now, watch the market and the manufacturers crash and burn. I'm ready to bottom feed.
I'm your vulture brother circling the caracass.
I’m glad a lot of buyers are being smart because of this. It’s The only way we can stand up to them. I want a new car and I’ve been holding out for four years.
Tomorrow’s title … “ it’s done “
Next week’s tittle .. “ It’s done”
Yeah I don't think the dealerships are listening to what he's saying🤣
Pretty soon bro is going to change the channel name to “It’s Done Questions Answered”😂
Toyota sells the Camry in China for about $16700 now, they should do the same here in the states.
Market prices adjust to the buying potential of the country. It is wild to see what a car goes for in country A compared to country B. Seeing the price tags in this dealership, I had to re-adjust. I always thought cars here in Germany were expensive - then I saw this video. Dang, we're selling dirt cheap.
The automotive market in China is highly competitive, which is why car prices are relatively low. In the United States, there is less competition, so car prices continue to rise, and consumers are not purchasing as much.
In my opinion most but not all new car dealers are both greedy and stupid.
The real stupidity comes when they all followed Biden down the EV hole for the cash! As soon as that stops, They’re done !
Agree. Most look to squeeze (or even screw) every bit they can out of each customer, instead of building relationships to earn longterm trust.
@@ScanFan_Ed Customers are not loyal either, they go with the price. Lower price down the street = gone.
They will simply go bankrupt like in 2008-2009
They are largely obsolete and won't be missed. What value do they add? Not much.
They will have to take about 40k or more off before I buy a new truck. 80 to 120k for a truck is ridiculous; no one in their right mind would pay it.
Not going to happen.
This is one of the most informative vids I have ever watched on YT.Fantastic job!
If dealer want mark up the prices less make the notes round 350 to 400 a month
You’re one of my people.
Who would pay over $100k for a Hummer EV? 😂😂😂😂😂
Didn’t he say $140K for that Hummer? These car guys are piping Crack in Hunter quantities!😂
Because it comes with a free Hummer
Looking to lease one before EOY. $900/month for 36 months 36k miles. $0DAS
a clown 🤡
Who would pay over $50k for a hummer ev?
It’s the economy. It’s been crap for 4 years. Interest rates and inflation makes people hold onto their money more
No way in hell Toyota has all of the engines replaced under recall already.
I went to look at a 2008 Honda Accord that had 200k miles and was pretty clean and well maintained. They wanted $7000 for it, I new it was too high was hoping to get it for $5000, they would not budge even though the value is high end 5k...remember when cars were affordable?
I am about to get a motorcycle and renting a car once a month to get supplies, or a U-Haul if I need something big. It’s much cheaper than buying a new car or repairing a used car.
I need another car pretty soon hoping to purchase around Christmas when DS are desperate to clear their lots.
Remember when anything was affordable?
@@EvySurvivedDon't count on it coming down much, they are overpriced so high you will lose 10k driving it off the lot, wait til it all bottoms out. If you buy now you could lose a lot on depreciation as prices continue to fall! Hold the line!
If want a great deal, go buy a Chevy Trax or Buick encore, a lot of tech for the money! Vehicles that cost 50k don't even have all the tech they have. 25k deal, best vehicle for the money!
I also work for a manufacturer and a higher up told me they price the vehicles 30-40k over what it costs to make them now days
I hope they know that it’s obvious to everyone. And people are sitting on paid off vehicles. Lol.
In the car market the saying is backwards with the inventory - "What goes down, must come up". In Ohio Ram has about 1000 new 1500s for sale , same number of Chevy Silverados, but Ford has 2000 F-150s for sale. $144,000! I paid $15,000 less for my brand new HOUSE in 2017!
I remember selling Mazdas back when the tech bubble burst. Manufacturers started offering bigger rebates to move cars then you started seeing manufacturers offer low or 0% financing and or cash back rebates. Also dealer incentives were also another tool used to sweeten the pot which was normally applied to the trade allowance to make the consumer feel like they got a better deal. This system lasted up until COVID. The dealers and banks got greedy and now the chickens have come home to roost.
They overpriced everything then eliminated the V8 two huge mistakes
Exactly. My 3.8L is 14 yo and given me zero engine issues in that time. Ain’t now way I’m gonna be riding on 2.0Lturbo.
I paid 77k for my farm.
What year? Which state?
@@fg3901 AMEN brother! I paid 110k for my house on 10 acres that I built by myself in 2003
@@Rick-vg2pz more important: _how many acres_ ?
Where at and how many acres
They keep forcing cars into the markets that people no longer want, because they're unreliable and - you guessed it - just too expensive. When your base model pick-up starts at $38,000+ delivery, dealer markups, tax and tags - there's a serious problem. Worse, often you can't even find base models. The lots are loaded up premium trims. All auto manufactures have grossly misread the markets. They need to make less expensive vehicles. People can no longer afford high maintenance and product costs. I hope they all hemorrhage money.
I looked into a Chrystal ball and I saw a future where even the “fresh” inventory will be stacked to the edge of the lot! The other issue is that many manufacturers don’t make cars anymore. The future will be a sea of new and used SUV’s filling up the lots and the only difference between any of them will be the size and the price!
Participated in the Alemio presale today-super smooth process and incredible potential rewards!
I live near Pittsburgh and a Ford dealer has 75 full size Broncos in stock and 40 Bronco Sports in stock. I talked to a salesman and he said the owner can’t sell anything because he got add on costs on the most of the vehicles
They need to cut the cost of these things by 50%. C'mon...$90k for a truck worth $42-45k.
It will never happen.
Make a model with all of the stupid add ons removed and sell it for a price that people can afford. Vehicles now are over engineered with doodads pushing the price up to a point where they are unaffordable.
I bought 2 cars 2 boats, and an e250 cargo van all newer than 2005 for just under 10k, all running strong, nothing over 100k miles all on marketplace
Man I did not realize this whole time you were talking about my local car market. I started working in the subaru dealer next to GM as a tech, now I own a repair shop which is shortly moving to midland. We do a lot of wholesale repairs for used car dealers. Its been weird for them lately. The repair biz is doing well. A lot of major drivetrain
Long story short small world!
I was in the car market I refuse to pay 35 to 40k on a car. I will drive my 2009 Fusion that has 80k miles until it dies. It’s the principle, total rip off. The car will depreciate what 60 or 70% in about 4 years? Uber is looking better and better.
I hope they all go under, they tried to charge some of my friends 1.5 times the sticker price of a car and they said my car needed 8k in repairs when it only needed 2k in repairs. The world would be a better place if you ordered cars directly from the factory.
I tried to buy a used Rivian from a pretty big Ford dealer. They told me I could come test drive it on Saturday. I made an appointment for the following Monday. Went in, got sat in a room for 15 minutes and finally the salesman came back and said it'll just be a couiple more minutes we just got that vehicle delivered this morning and it's still in our detail shop. Lies on top of lies and no respect for my time. I left and ordered new from the factory. Easy and painless.
I'd be happy if they offered a Toyota Hilux here in the US. I could even find a use for several Toyota IMV trucks, but I can't get those either. The IMV starts at 10K, without a power tailgate, without leather, without a sunroof, you know - a truck.
In Thailand I see them everywhere. I also like the isuzu mux and dmax. The Mazda bt50 is another good option. There are a handful of smaller vehicles that I think Americans would like to buy if they were available in the United States.
after trump deregulates auto manufacturing, you just might see the hilux in america
Mahindra makes the coolest looking little Jeep-like thing: Looks like an old Willy's. Of course because it doesn't meet the myriad of government regs you can't tag it for the street so they sell it as a UTV. However if you have an actual old Willy's that also doesn't meet the myriad of government regs, well that's fine you can drive that. Makes so much sense.
I enjoy this channel has been predicting the car market is crashing for 3 years now.
He’s is correct. I just looked at my local for and most SUV are $6k off. Also I wanted a Volkswagen GTI last year but they were too expensive. I just looked at my local dealer and they have 22 of them and are $6k off. You can right now get a GTI for $27.5k amazing. Too bad a
I bought a Mazda last year.
All of these companies got rid of their affordable cars and built primarily for the upper middle class. And those folks do like new cars. But the prices are too high for doing it every year. And then on top of it when these vehicles come back to the dealer they are still to pricey for the avrage person to pick them up. One really has to wonder how much it 'really' costs to produce a car or truck nowadays.
"Program cars" - A few years back I was in my local Toyota dealer for warranty stuff (airbags and some safety stickers & other odds & ends) and they gave me a used car to use as a service loaner that day and overnight. They were selling so many cars that they kept a few good traded-in Toyotas for the loaner program.
GM's Profits - Those profits were on the sale of fewer but more expensive/higher trim SUVs and trucks. That's great in the short term. but that's not a good long-term strategy. Lacking entry-level lower priced cars and trucks means they might be losing future customers in the trade-up market.
The Alemio team is setting the bar high for presales. Transparency + bonuses = community trust!
I have a paid off 2015 forester I am bored with. I test drove a Maverick. It was $31900. With the options I added if we went back in time 5 years and they priced it at ~23k I would have bought it right then. As it is, my car is fine and paying 50% extra is not worth it just because I am bored with it.
Greed is killiing the car market .Cut prices by 60% and see if this helps !
For what it's worth, these are my 2nd favorite videos that you make. #1 are the auctions. Thanks for your content
My take: auto manufacturers are trying to reset baseline pricing. It takes time. They want you and I to think $45K (for example) is a "great deal" for a base model pickup.
I smell 2008 but with subprime auto loans.
@@k20z3keith7 bingo!
Smells delicious! 2008 had amazing car deals. 2025 will be even better.
😢
I’m trying to save up so I can take advantage
Good info thanks!.. btw I counted 7 Hummer EVs .... it is an interesting vehicle, way too expensive but if one is looking for a prepper car it's a valid option...
This is how you know the system is broken that huge supply should mean the price of these vehicles should come down but they still want us to still pay these exhibited price