Ram & Dodge Going BANKRUPT! CEO Is GONE!
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- Опубліковано 26 вер 2024
- Ram & Dodge Going BANKRUPT! CEO Is GONE!
Our latest video helping you buy cars is all about TITLE/DESCRIPTION. We're breaking down the situation so you can buy your next car with ease. If you're out shopping for cars, SUVs or more, this video will help you with Ram and Stellantis not selling vehicles. Now with a major management shift, what's the future of the company? Lets chat.
Oh yes, and don't forget to SUBSCRIBE for more car lovers lifestyle: / @markholubetz
I had a 2020 RAM Bighorn...fully loaded 5.7l with chrome package... $41K. So basically doubled in 4 years. Wow. They can't figure it out. How about lower the price, sell more vehicles, make some money. Rather than raise the price, sell no vehicles, make no money. Not that hard to figure it out.
I have a 2021 ram big horn with the chrome and the level two package and I paid 45,000 there is no way I would pay $80,000 for the same truck I have now
If they did that then how the hell do you expect them to give their CEO million dollar salaries and bonuses… huh, smart guy… 🙄
Jk… 😆
They made those cars by paying high price to raw materials. They can’t now sell at a less price. If they sell less price , then they are in loss. Selling at less price is like they are selling 2020 RAM for 20k. Now, if they don’t sell cars they are bankrupt, if they sell at less price they are bankrupt, their only hope is keep the price and lease for longer time. But in this case interest rate is prohibiting people from buying. They have this ticking bomb nobody wants. Feel sympathy for their lenders.
I was at a Ram dealership today
24 2500 tradesmen 6.4 4x4 60k 😮
They dropped it to 56k I offered 42 they basically laughed at me
@@donsisco7118they won’t laugh in 6 months when the truck is still there
I honestly don’t understand how someone could afford a truck half that price.
I cant
This looks to be Alberta. It’s very easy to have 6 figure jobs there.
I make well over 150k per year and I wouldn’t dare touch a new car payment
IKR. I stayed under 30 for my last 2 SUVs new. I won't buy another ever again. I was so thankful I bought my rogue just before the plandemic ruined the world and took everyone's sanity with FOMO.
I can't either...
That 5.7 Hemi ran on cheap regular and the new Hurricane runs on premium. Kiss your buyers goodbye.
Just the HO version. The regular one can run on regular gas.
Exactly 💯
I love when they put turbos on economy or trucks cars, so they theoretically get 5% better mileage, actually get the same mpg or worse, cost more to maintain, won't last as long because they have more complex higher stress engines, and still cost more for gas cause premium is .70 more. A dodge with a turbo or supercharger has an expected engine life of 50k max, imo. Making cars with slightly better mpg that last half as long is much much worse for the environment than building v8's that basically get the same mpg but cost less to make, operate, repair and will last at least twice as long.
@@trevorD1156 Absolutely
Owned 2 hemis and they all said 89 octane. Not regular.
Remember kids. It doesn't cost 80 grand if you dont buy it.
I've turned into a chrysler mechanic. All that has come in lately is chrysler products. Electrical issues, trans issues, engine issues. In the last two weeks, four blown 3.6 engines. I have a '22 Bighorn sitting here with 45k miles that Chrysler denied the repairs on a thrown rod. The engine is locked up with 15k miles left on the factory drivetrain warranty. But I guess warranties are only good when they say they are. Most of my customers are saying they don't want another Dodge. Even my sister-in-law had a '19 caravan with the 3.6 that I had to put a new head on for the #2 misfire issue. Supposedly they fixed the issue and didn't cover '18 up for the recall. She said she's done with them.
As a mechanic, I can honestly say Rams have so much crap on the engines, I really hate pulling them. If you think Fords are bad, do a new Ram, you'll change your mind. I just got the engine out of the '22 so I can install a salvage engine and get it done. The dealer quoted $14,500 for a new engine. The owner said no, came to me and now costing him $5500 with labor for a salvage yard 65k mile engine.
No wonder they are having issues. Fire the ceo. Fire the engineers. Go back to the drawing board.
Basically- these high prices equal a mortgage for a new vehicle. My family member works for a dealership-- a lot of recalls on newer vehicles, folks.
Dude this dealership are on fentanyl with this prices
Not anymore. They're fiending. St. George was their dealer lol
Throw 50lbs of it in the back seat and I might consider paying these prices lol
@mikealeshire2195 okay that got a good laugh out of me 🤣🤣
Anyone who considers buying some bastard Fiat product is mentally ill. Fentanyl has nothing to do with it.
I'm 55 and the last time I bought a new car was in 1990 and it was 12K. I've only had 5 used cars since then paying no more than $4k for a used vehicle. None were financed. I live (especially since 2020) extremely frugal and it works well for me. I don't own any credit cards, not car payments, own my home outright (paid cash). What is really incredible is that I only make $2100 a month!
Find me a decent Dodge Ram pickup or a Durango for 4k
@@swacfan2791 I don't buy newer vehicles. I'm mechanically inclined so I can fix things. Last vehicle I bought was a 2004 Denali which has low miles and still runs great. It may also help to know that I work from home and don't drive more than 1500 miles a year combined on both vehicles!
@@swacfan2791Forget about Dodge… Just get a used Toyota Camry or RAV4 and call it a day….. Dodge quality and reliability is completely garbage….
you are extremely lucky...a younger person can not make it on $2100/month currently...it would be either rent or food...you are old enough to have been able to accumulate your house/cars and other assets at a time when they were much less expensive...but one caveat...in north america you do not really own your house...you rent it via property taxes...and you have no control over those taxes...they can raise them anytime...if those taxes get above your income, then you too could fall behind.
@@michelle-lz8tg Yes, that's true. My property taxes are only $1200 a year and that's hardly anything.
Do truck companies not realize that half a truck is just a bed with 4 walls and not even enclosed. These things should be cheaper than 4 cylinder cars. Trucks are so cheap in materials to produce but CEO's seem to think buyers won't realize this cause they are idiots so let's use them for huge profits.
that USED to be the case. Nowadays Trucks are packed with so much luxury and safety features they are as expensive to produce as many up market cars. nevermind that the V8s and bigger displacement engines are no longer shared among the cars and you end up with trucks being significantly more than your average car, and considering the utility they have, they are worth it. now 70-100k worth it?! i don't think so, but the consumers dug this whole. because they were paying for them until recently.
If the customers dug that *"H()Le"* , Well that "H0LE" is still there , with no customers.
And the dealers are holding the bag and the #CEO is gone.
Gone just after getting a BiG Raise.
Half tons were priced well prior to Covid.
You’d wait for Employee pricing in August from Ford, and get a truck 25% discounted and at 0% for 5 years.
The XLT would come in at the same price of a fully loaded Escape.
All the while Ford was still making large margin on the F-150s, while skimming a profit on the escape.
Basic steel frames and bodies bolted onto them. Trucks are VERY cheap to produce.
@@DaDeCodeIsTruth Yup. Too many parts and too many people getting paid to over engineer them.
In 2017 I bought a brand new fully loaded ram 1500 rebel for 47K that same truck today is almost 90K. And doesn't even have the same engine available. I'll pass until ram comes back to reality
When they sell directly to the public and reduce the price a lot I will consider a new ram. Dealer GMs make 500,000 or more a year and and managers makes 250,000. Get rid of the middle man and sell direct. I dont want to help buy the GM and managers 2nd, 3rd and 4th homes.
I am soooo happy to hear it.
Cause it's a sign of bad economy. Dollars doesn't cost so much anymore. And while you pass on this "trucks", they will go in history.
I've got suv. With 1 litre lpg engine that cost me less than food in monthly payments. In fact, I just paid it in advance. And get this, I don't need a huge pickup to carry my ego around.
The CEO was making $39 million manufacturing sub par vehicles.
Seriously awkward
Makes sense
And didn't he recently get a huge bonus?
Engineers are making $200k designing this garbage.
@@F40-c4i there is no “Designing” All FCA did was milk existing platforms. They did try once.. they came up with the Dodge Dart. Case closed.
$70K-$80M your a mid tier pickup is absolutely insane!
It is nuts
All Day
It is. I couldn't get a 22 sport for 50 or 54.
Damn, who knew the upcharging on your trucks and getting rid of one of the most iconic v8s in the world would have negative effects?
Exactly right
Don’t forget what the epa is doing to the auto industry…..
@@GORT70 and JoNomics, a 50lb can of welding rod is now over $200..
No hemi, no sales. Seems to be the case. And the outrageous cost with turbos?? Good luck.
Just wait until people who buy these v6 with turbos need a repair.
Bunch of Hemis sitting on the lots all over US and Canda.
@dremias atleast 5k
For whom willing to buy/prefer the V8 Hemi: Hemi have a big camshaft lubrification design flawn (I know by experience 😢). So, around 200k kilometers Hemi tick start to occurr with fuel consumption raising year by year, until premature engine failure (usually around 200k km, due to camshaft/lifter excess wear)
@@manuelkorivu3966 MDS..... worse thing added because of the EPA's overreach. I have mine disabled.
All of Stellantis - A bunch of smart people with MBAs running multiple US brands into the dirt!
These RAM trucks should be going at 2004 prices in order to clear them out. I"m going down to the dealership and make an offer on a 2022 Ram 4x4 at its average used book value and see what they say. They are fools if they think they'll get anywhere near a new price!
Wow, you should be in board of directors of Stellantis. Let me introduce you
How it work out for you
Yeah, update please..
the CEO just got a raise to 39 million per year. dodge Chrysler jeep should have Been gone 40 years ago.
It is
Chrysler was done when damnear took them over
It’s never been the same
@@Yolbosundodge hasn't made a car worthy of owning since 1970.
RAM is going under....again. Having 22s on the lot must be a serious financial burden.
Burden for dealers. Automakers sell to dealerships.
@@External2737 I know
There’s a 2022 Ram on the dealer lot in Somerset, Massachusetts. The window sticker says $61,000 and they were asking $92,000 and now they’ve dropped it to $75,000…lol…for a 3 year old truck that can’t, and probably won’t, sell.
@@HarmonsHarbor crazy
Yep, and as you drive off of the lot that beautiful truck will depreciate 10 to 15 thousand. If you turned around and drove back to the stealership, and you told them that you wanted to sell it. Guess what they would give you for it? Welllll, it's 3 years old you know. You will still be making payments on it, even though that truck is long gone. Because now, it's a used 3 year old truck. The salesman just told you less than an hour ago that you were essentially buying a new truck. Now, the same puke will tell you it's a 3 year old truck and give you a fraction of what you bought it for. I can't say this enough, don't listen to these stealerships!!
2022? Talk about lot rot. 70k? Someone would be out of their mind to buy a vehicle that has been sitting for that long at even half of the price. Don’t walk away, run.
The second you drive that new 2022 off the lot it becomes another used 2022. I wouldn't pay anymore than what a used one is selling for. Imagine the massive instant depreciation?🥶...sending shivers up my spine.
@@DaveInCanada081 I didn’t even consider that, excellent point.
No kidding. That is a great point.
@@DaveInCanada081A Fiat Ram pickup still rusts faster than a Silverado lol a real DRAG race
@bradzimmerman3171 A down hill drag race, at that. 😂
1990 ford f150 runs fine 0 problems 447,288 miles and still ticking, keep your ram and the 2nd house payment .😂
Can’t go wrong with that
I wouldn’t buy a GM product of they said they’d pay me to take it. Disappointed in Ford recently though.
Every time I hear what used to be known for decades as the Chrysler Corporation as Stellantis it makes my skin crawl.
10 years ago I bought a loaded dodge ram. Great truck, still have it. Only option it didn’t have was a moon roof, it was 43k. They were cheaper than other brands, nicer interiors, more power……… now there’s zero reason to buy
No shortbed,2 door,v8, crank windows with mechanical gauges and no touchscreen for an affordable price......NO SALE !
You hit the nail on the head. I want a work truck, not a damn cowboy Cadillac. The only thing I’d add to your list is a straight shift.
Right!...only I would want mine long bed, not short...manual transmission, and a torquey inline-6 would be fine by me....
A fool and his money are soon parted.
They're destroying the brand intentionally. They had a winning business model as a consumer company give consumers what they want... 1. Affordable 2. Good looking 3. Fun and 4. Reliable. Stellantis messed it all up.
Also what youre seeing is the economy about to crash out
It feels that way
8 years ago i brought 18 acres, 1400 sq ft house, 30x40 barn with electric for 80000.
10 years ago I got a 1300 sq ft 2002 built 2/2 1 story home with garage for 65k [=
This video is about trucks.
Yeah, but does it have RGB lights and black instead of chrome?! You're missing out!
@@patty109109 No, it's really about the wisdom of burying yourself in debt on a highly depreciating vehicle that won't last. And I own a Chrysler product - but it's just a fact. These vehicles are ridiculously overcomplicated (and overpriced).
If someone told me I could go out and buy a truck that cost less than 3 years of the average American salary they'd trade for a house I'd want to hear about it. I enjoyed elbys comment @@patty109109
Automotive never learns. Upper management still wants their performance bonuses....
Cheers
A truck for 90K? One would have to be a wealthy farmer to afford that hell no!
Not even farmers are getting new trucks, specially with prices in the gutter rn
Dam so farmers are fucking idiots???
That's what I was thinking. Only the rich farmers can afford these things.
No question about it…very true. These are not working people’s cars anymore. Just wait until the end of the year, I’m sure dealers will be salivating for $55k for a truck like this…
a farmer is going to get a 2500 or 3500 i would over a 1500 they dont cost much more
I’ll just keep repairing my old 97 ford f150. It’s got ac, power windows and AT. It’s all I need. Keep my money in my pocket.
It'll last forever too
Ive been running a Dodge dealer for 15 years, this is worst than the crisis of 08/09. An absolute mess.
This is what happens when you have non car people running a car company.
I am seeing this in the oil & gas fields as well, investment groups are buying everything..
A manufacturer cant cash in on loyalty when consumers experience a terrible buying experience, poor reliability..
Consumer looks at pricing first, that over rides all previous experience with manufacturers..
If you had a bad run with brand A, and brand A is priced at 2 to 3 times the rate of inflation....hell no
Than the dealer suffers, which in turn, has to have a several selling manufacters in a dealer net work...
Now one new car, truck sale, has to cover the loss of one model not selling, pricing is forced to stay high..
I wouldn't buy a Dodge at 2010 prices.
Ouch, lol
probably couldn't do 2010 hyundai prices
I love my ram.
2020 rebel
Never an issue
And won’t buy another truck till run into ground or gets stolen
These trucks are 100% overpriced. Just what are you going to use $100,000 truck for? Insurance alone will kill you much less the over $1000 monthly payment. add in the shitty gas milage and you better be willing to live in it.
It’s way more than what most even care about
Not to mention, all these 100k trucks are raising insurance rates for everyone. You gotta be insured in case you hit one of these damn things.
It isn’t cheap to build new plants and retool old ones to make ev that sell like heaters at the equator.
My buddy bought a 100k ram truck so stupid they even upped his insurance to 200 a month because they are highly stolen in canada lmfao so he paying 1200 a month plus insurance plus fuel he looking at 1800 a month just to run a truck what a dumbass
Just remember people are in 200k debt for social studies. Of course they will buy a 100 k truck
Thanks for sharing
Female CEO coming to Dodge...the company is really going to be screwed.
Always ignorant really Dodge are you kidding yourself,you don’t know about Stellantis it’s been Fiat Ram for years were have you been bunky
@@bradzimmerman3171show me a woman that was successfully increasing the company versus running it into the ground I'll wait😂
I mean it's beautiful to see this really. They overstepped, disrespected the intelligence of their customers and now they are stuck holding the bag for all of these 100k+ work trucks essentially that nobody other than a construction business owner who can write it off would even consider. Regular guy on the street isn't taking out what amounts to a home loan for 8 years for 100k plus, he don't make that kind of money. The average ram driver 5 years ago was a guy working a basic construction job, he wasn't the owner. Now the owner is only guy who can afford a new truck.
CEO's are living on another planet is all i can say cause Clearly they're not affected by current prices of ANYTHING.
This is all as a result of corporate greed. The price goudging is OVER! Now, these dealerships are paying for it. Buyers need to continue to hold off on buying until the power dynamic shifts. Eventually, dealerships will come back on their hands and knees begging you to buy a vehicle from them to avoid bankruptcy.
100 percent
I love my 22Ram Limited Longhorn. Unfortunately i bought at height of pandemic but had to go 3 states over to buy it at MSRP. Other than buying at top of market this truck has served me very well. Unbelievable interior and ride. My .02.
What are your payments on that 22 or did you pay cash?
Bank: Hey, repo guy...can you go get 75 trucks at a dealership 😅😅😅
The Dodge/Ram/Chrysler consumer is someone who is buying a deeply discounted vehicle while having poor credit. ( Not all, but many)
But Stellantis management from Europe have no F’ing idea of the American car culture.
“Let’s keep prices high, with high interest rates. Because if everyone else’s does, so should Chrysler products.”
Stellantis doesn’t know who the Mopar demographic is. That is why they are in such a mess.
Spot on.
Ridiculous. You don’t think they have executive leadership positions in the USA? No market analysis?
bs
@@patty109109 proof is in the pudding. Things I buy a truck for aren’t available today, so if they do as you say they have their head in the damn sand and their ears are stopped up.
Like Bud Light?.....don't know their demographic?...
There is a reason why Dodge does not do leasing, because they don’t want their own product back.
I just traded mine (RAM 1500 Sport Night Edition with NAV, sunroof, etc, etc....) and am glad I haven't lost any money. In done Stellentis and the gas guggler.
I have a 2017 ram 1500 bighorn loaded with 69000,miles. After seeing this. I am 60 years old nearing retirement. I think I will drive the wheels of my 2017. Never will pay that for a pickup!
Thats probably a decent plan, at least for now. increased MSRP, but augmented by frequent incentives which a person may capitalize on at the right time. Dealers themselves are becoming more motivated.
i have a feeling they will need new tires, brake hoses, batteries, wiper blades, & coolant hoses before their actually sold, for sticker price.a customer with an IQ of 60 would drastically help the salesman out as well.
Haha indeed
$78,000 for a Big Horn, Ram can go under as far as I care and I've been a Dodge man my whole life
And Canadians get doubly screwed with the Dollar conversion.
Bring on the Amero! 😉
🤔
What kinda special stupid are you….
Ram guy here. There is no way I would even consider these trucks. First, I don’t want turbos. Next, my well equipped sport was 37k. I could see, maybe, up to 50 FOR A REBEL. Idiotic.
Looks like you're at Great West in Edmonton, judging by the Zembelli's restaurant sign behind you..😊👍
Everything costs way to much!!! Bring your prices way, way down and see what happens.
Here in Europe too, people no longer have any money because the Corona policy has ruined everything, but the car industry is relying on electric cars, which no one wants to have.
FRO. That was years ago. Give it up
Nonsense as always. European car sales up since last year. 15 seconds on google.
They're a niche product. The people who are really into them already have one.. And many are going back to ICE.
The sad reality is that the UAW auto workers that negotiated a new contract with Stellantis are going to watch those jobs evaporate in front of their eyes while truck manufacturing is moved to a 3rd world country, final assembly maybe in the US or possibly Mexico in order to avoid the chicken tax. In a way they already have that 94% of those jobs are already gone.
To that add runaway inflation, people are in a hissy fit over the CA fast food workers wage increase yet it has less buying power than minimum wage from 25 years ago..
I own a Grand Caravan. To replace it with a Pacifica with the equivalent trim level, I'd have to spend over 70K and that's without the sales taxes. The local Chrysler/Dodge/RAM/Jeep dealership here has lots of new inventory, but the busiest part of the operation seems to be Service. People are looking at prices for the new vehicles and choosing to keep their existing ones going by doing the recommended maintenance and repairs. That's what I'm doing. There seems to be a disconnect between reality and whoever sets prices at Stellantis. The market will speak and eventually the car makers will listen, but between those two points, there will be a lot of pain, mostly on the dealer side.
I agree, it will eventually be figured out, but hopefully I’m not too long
What you're doing is probably the right choice - but that said, just be willing to buy out of state. My local Chrysler dealers are OUT OF THEIR MINDS - If I just buy 6 hours away, I can get a 2024 Limited Hybrid for $23K less than local. Too many idiots around me, I guess, paying full price on everything. Edit: or too many dealers who think if they can just keep their overpriced Pacificas on the lot, someone will eventually buy it. They still have 2023s!
Maybe that is what the Dealers sales model is. Keep prices high and make a killing in the service area.
A 90K price tag on one of these Trucks will easily be $1600+1700 a month payment so Dodge can keep it
Who can truly afford that?
The price is going up due to new contracts with the unions!! The unions got a big pay increase. The cost is passed on, to the consumer!!
All costs, are passed on to the consumer.
Best off to buy a beater for $5000 and try and get a couple years out of it. Stay out of debt especially vehicle debt.
Great video but I think Ford and GM are in big trouble too
Prices need to drop 50% before they will be a good value.
That sounds da about right
Unfortunately the corrupt government will bail these con dealerships out again.
As always
With tax payers money...that means yours and mine...😔
Yes, they will. Biden and Dems have set the US up for a financial disaster
In July 2022, they were making great deals my son and I both bought new trucks, and if I told you what they did for me you would say I'm lying.
My son got a great deal as well.
Back then, they needed more trades, so we did well on our trades.
I snagged my new one right after it had gotten off truck and prepped.
There was a chip shortage they were saying and they were complaining about not having trucks to sell.
I wonder what skyrocketed prices and why dealar bumps raised so much?
Do they honestly believe we are going all electric soon?
It' cost a lot of time to charge it, and it still leaves a carbon footprint.
It is expensive because Tesla has the vast majority of charging stations.
Our power grid will overload because we have done no improvements on the grid to facilitate millions of electric cars.
The only way is hybrid,but look how complex the Ram truck is to maintain power and range a small six cylinder for when your batteries are dead.
A generator to charge your batteries,both running on gas.
All this for 2 electric motors, that eventually will need a full charge.
You have all kinds of electrical gadgets and screens drawing power, not counting night driving.
The cost of this truck will more than outweigh the fuel savings with your two electric motors.
Ford messed up with the lightning losing power while towing GM took forever at charging stations with their large suv platforms.
Nissan has a solid hybrid with a 1.5 liter gas engine dedicated to charging on the road. It went 700 kilometers with 200 left with out a charging station.
It can be charged on a regular 110 volt outlet and cost in the low to mid 20,000 range.
Is it small and basic, yes, but it works.
I don't know how anybody could buy a pickup truck for $70,000 when most people are having trouble paying their rent and buying groceries
I mean I paid 65 cash for mine, we exist, just not many of us
Trade laws force you to buy new, or you get locked out of work. To be fair it comes from not long ago when plumbers and others trades would run vehicles way to long and then replace them with equally bad used vehicles when they broke down for good. Just because it passed yearly state inspections somehow does not mean it is safe. It just means the vehicle meets the minimums to be on the road.
Don’t worry, the White liberal elites are Doing just Fine 👌
I drove different versions of the Ford, GM, and Ram trucks when I was in the market to get a new truck in 2021.
Went with the Ram 1500 Laramie Sport in 2021 because it drove nicely, was VERY comfortable and had the features I wanted. I have plenty of load and towing capacity for my needs, and I've had zero issues with it. Saying that they are "the least desirable" is completely wrong. Most owners of the newer Ram's will likely say the same. They are nice.
That being said, I have no interest in buying a truck a 6 cylinder. When it comes time to retire my truck, I will likely not be looking at the 2025 Rams. I like the 5.7.
No, I also won't be paying 70-80K+ for a new truck.
Indeed....price is my only barrier. I like their vehicles.
I mean what do you expect? When the CEO of Ford came out and said in order to afford one of our new trucks, you essentially need to make 6 figures. I know this was the CEO of Ford that said this, but to buy any new full-size pickup truck from the big 3 you need to make 6 figures or close. Unless you get a base model stripped down, it's gonna cost you $75k+. The top trim levels are all over $100k. Then the CEO retires, and gets a golden parachute after running the truck business into the ground.
those gigantic chrome logos are really tacky
Quite a bit of bling
I have a 2021 ram classic hemi. I love it. At my age probably the last vehicle I’ll purchase. And not impressed with the newer models.
Great video brother, im a ram and jeep owner and it hurts me to see these problems. I love my jeep and ram and hope to buy more in the future. Just when the prices go down. If prices go down
If you are not using your vehicle.You at least run it round the block once a week so as parts do not start to seize up.And oil around the engine.these trucks have sat for 2 years.Brake fluid should be changed every 2 years.
Lot rot is bad for these for sure. Batteries go down and tires crack before 10 years
I don't care if the company is bankrupt. It is not own by an American company.
Yup let them go under. They let go most of their American based white collar jobs such as engineers. And now they are suddenly hiring more engineers in Brazil and Europe than they ever have.
It’s not the ram factory doing these prices it’s the Dealership
Yikes
The Dollar Is clearly going worthless
Yeah people are all huffy about Ca and the minimum wage to the fast food chains being so high. Even with the increase it still has less buying power than the minimum wage of 30 years ago..
@@SegoMan True
Ram used to be the cheapest option of the three while still being just as good of truck as ford or Chevy. They just rocketed up the prices ridiculously high which was a huge mistake
I would gladly like a Truck like my 1994 Ford F-150 XL with a 300 6 cylinder for 18k I could care less about all the adds I would be so happy with a plain old 300 6 cylinder OBS Ford truck!
Yeah, but you know you'd prefer a v8.
@@codyfarmer1 Nope I want one with a 300 Inline 6 cylinder, Why because they will last through the Apocalypse and back!
Toyota is working on a mini truck that will come out the end of 24 or 25. They are shooting for a price of around 25K
@JasPlun then just go get a 2019 highlander. 3.5 v6. One of the best engines there is and u can't haul or pull anything with it either.
@@codyfarmer1 No I would not I got a 2003 GMC with a 5.3l V8 now I want reliability and longivity over anything else. I want to buy a vehicle that will last me 40 years and keep me from having to pay the HUGE out of control Truck prices. I would rather invest my extra money into things that appreciate and not depreciate. I am the guy that drives a 2003 GMC that is paid off and has 80 grand invested making me money towards retirement while the people that have to have the latest and greatest are in debt out their ass holes:P
For whom willing to buy/prefer the V8 Hemi: Hemi have a big camshaft lubrification design flawn (I know by experience 😢). So, around 200k kilometers Hemi tick start to occurr with fuel consumption raising year by year, until premature engine failure (usually around 200k km, due to camshaft/lifter excess wear)
My company had a fleet of 2022 Rams. We had to send 6 back because the starter knobs would not work. Freeze up on you. Then in 2023 we had several and when you road them over rough roads the battery cables would come lose and you had to carry your own wrenchs to bolt it back down. Quality of Rams is subpar at best. Oh they blamed the starter problems on bad chips. Lol
Similarly to the early 2000's everybody buying hummers, but today everyone is buying silly pickups. Same old shit. But paying porshe 911 kind of money for a pickup truck is insane.
Porsche 911 is $70,k
Part of the Covid chain reaction. The U.S. and other nations printed an insane amount of money during and after Covid, supply lines got bottlenecked, wages and part cost got inflated, this coupled with all of the R&D being dumped into electrification (which itself is a doomed business model in the macro) has created the perfect storm. We are probably heading to a deep recession and I would not be surprised if some auto companies go bankrupt.
Wait a minute, so are you saying the Union is at fault for prices set by management? Worker’s wouldn’t need pay increases if management was wouldn’t raise prices beyond the cost of most workers wages. Prices have been increasing for years and workers haven’t received raises accordingly. As you mentioned CEOs are receiving huge bonuses.
I just sold a 2025 Ram Bighorn with the 3.0l Hurricane pretty much identical to the Blacked out Ram and its MSRP was $62,280 and we discounted it to $57,383. Stellantis is incentivizing discounts right now with big payouts for hitting their quota. Plus they dropped MSRPs by 2-4k on some vehicles. Nows a good time if you guys want a new Ram, Jeep or Chrysler!
Don’t get me wrong though, our MSRPs were way too high. So glad to see the shift in price. Only thing that sucks is it leaves no money to be made for salesman. I make 150-200 a vehicle I sell. We are not as well paid as many think, you gotta sell sell sell. Corporate makes the real money!
NAME A SUCCESSFUL VEHICLE WITH THE STELLANTIS NAME ON IT THAT'S EVER BEEN MADE. 😂😂😂😂😂
This is what happens with inflation!!!! Materials to build the vehicles cost more so manufactures have to charge more for the vehicles. People can't afford to buy the vehicles. Manufactures lose money and have to lay off employees. Why make more vehicles if you can't sell the ones you have on lots. It's all down hill from here
I like your videos, but the only thing you're telling us in "EVERY" video. is the cars and trucks are not selling because the price is too high. That's all you're saying in every video.
Even knocking the price down 15k is still no bargain. Simply unaffordable. I remember in the early 70's when a pickup was among the cheapest vehicles you could buy new. I remember my bud buying a base Chevy C10 with 6 cyls for less than 3k. Even with factoring inflation that would still be well less than 30k today
Well said!
Ram is overpriced garbage if you want to spend that kind of money buy the chevy or gmc and you won't be broke down like the ram owners
Especially anything with a v6.
Our GM has had nothing but transmission trouble, and emissions problems. It’s been a nightmare.
Toyota is definitely a better option.
@@Ruslan.88266 older Toyota with the V6 yes. But the new one has all kind of problems.
Ram simply the best for last 2 decades easy.
Not only are the prices double or triple (from what they were) the interest rates on loans went up quite a bit as well. Meaning even if a less financially savvy person wants to get a loan for a Dodge at ~100k and put themselves in that kind of debt they will not be able to afford a monthly payment like that.
Interest rates on 60-month new car loans in the United States going from 4% (2021) to 8% (now) is a large jump on top of an already large jump in the vehicle price.
Things were bound to break and they have. Dodge needs to cut prices (probably by half) and move the inventory.
Ram will not go out of business so long as there are aggro, tailgating, short fused, short peened guys.
90% of working people can not afford a 50 thousand dollar car.
Absolutely
It’s like they all want to go out of business.
Dodge doesn’t make trucks . Ram is a stand alone
It’s a damn dodge regardless of what you say or what an evil conglomerate claims. Ford and Chevy trucks aren’t made on the mustang or Camaro lines.
@@roddycreswell8613 No it is not, do your homework..
@@SegoManI've done my homework, it's a dodge, I've got one. Ram is a dodge trademark.
@@roddycreswell8613 Ram Trucks are a separate franchise than Dodge now. They both are owned by Stelllantis but the new Ram Trucks no longer have the word "Dodge" on it I have an 05 3500 that has the Dodge Ram on it.. I also have a 5500 Sterling (that has no Dodge or ram on it) both was owned by Chrysler like the dodge ram was at that time.
@SegoMan ram is a dodge trademark period, spin all you want, ram is dodge trademark.
subscribed. Loved finding a Canadian UA-camr covering this topic. Excellent video!
I bought my fully loaded 19’ ram rebel brand new for around 55k back 2019. Had preferred pricing with my work so it knocked quite a bit off plus dealer incentives. Had it for 5 years and traded it in back in October for 24’ sierra 2500 at4. Traded it for around 43k didn’t lose a whole bunch but thought I could get more until the dealer was like there’s a lot of new ram inventory on lots and hard to sell them so it drove my trade down a bit. Regardless still think I made out pretty well with the trade nevertheless.
Same here, I was shopping for an HD truck with a certain trade value for my Ram in mind but then Ram kept raising their prices and all of a sudden there were 1500s everywhere and my trade value dropped off a cliff.
I still managed to get a pretty good deal and I'm glad I got out from under that truck when I did.
@@SliderFury1 yeah when dealer lots had tons of inventory it was hard to negotiate a trade.
Years before I was trying to get a wagoneer for the wife. It was when they were first releasing it and my dealer couldn’t get me one in time. Switched to a 21’ Yukon at4 instead and at the time those were hard to get in BC. My dealer had to get it from northern Alberta somewhere. Now we both have AT4’s lol
Wow, 22's, 23's 24's and now 25's on the lot....yet...I'm still driving my 1989 GMC Sierra pulling my livestock trailer. I bought a newly built house for $72,000. in 1990....now those trucks are priced at that amount...no wonder nobody is buying them. That's will send anyone to the poor house. I just rebuilt my 700R4 transmission on the picnic table for $225. Older trucks are easier to maintain. I'd rather restore a 1990 to 1996 truck to full glory than buy one of those heavily riddled sensor trucks.
You are totally right and I have also done work at home. Rebuilt engines and even did a lift kit on my old 7.3 powerstoker on my driveway with a few basic tools. Simple and easy I like it that way too.
Dodge yes, RAM no! RAM still has the commercial side to live off of for a long while. In fact I would not be surprise if RAM and Ford just go 100% commercial as it makes them guaranteed money thanks to trade laws forcing tradesmen to buy new trucks every so often. GM might head that way as well.
Trade laws?
I guess I’ve been a bad boy. Never been forced to buy a new truck. Where u live China
I have a 20 year old Dakota. Over the years I kept being asked by the dealer to trade up (they stopped making the Dakota which was the perfect size for me and a lot of other folks). I told them I don't need a Ram and I don't want a Ram. Now I put down the extra $20k - yes, $20,000 - to skip up the line for my Cybertruck reservation because I really, really want that (I already bought a Model 3 in 2019). I went to the Tesla center yesterday to ask about when I could expect my EV. There were all kinds of people hanging around getting their Cybertruck delivered - 3 while I was there. I never see anyone in the OEM lots these days. And remember: Tesla has never advertised - everything has been word-of-mouth
Enjoy being broke down on the side of the road from a EMP or possibly government shut down of your computer! They own you now!
I really want a Ram 1500. Unfortunately, I only make around $80,000/year so there's no way I could ever afford one. Why don't these companies want to sell their vehicles? Are they trying to go bankrupt for another government payout?
It feels that way and also when did we need 6 figures to buy a working persons type of vehicle. Vendors are out of touch.
What bothers me about all the truck makers is for $80k you don't get push button door lock and push button ignition. $80k and you still need to pull out your key to start. My 2015 $30k Cherokee the FOB stays in my pocket.
Rams, made in Mexico, $69,000 good luck Ram. Having sold Dodges years ago, there’s tens of thousands in manufacturers markups in these vehicles. Only a dupe would pay MSRP.
Because they have had heads cracking for 12 years and never improved the problem. Bad management. Bad pricing.
Yes and bad exhaust manifolds too
The clientele of Dodge has ruined their image... the people with money won't drive them now. Dodge and Chrysler might as well just fold! Ram can be saved if they make moves RIGHT NOW!
They missed the target audience
It’s amazing when the money stops flowing like a raging river, all these companies quit faster than they got started, amazing
The only thing upgraded is the badges on the truck and they raise the prices.
I bought a new pickup last summer and paid $40,000 for it...exactly what I wanted to pay. Leather, sunroof , 6 banger, nicely equipped. I think if they can make Rams for $40- 50k ,they can sell many of these. Stats show that JEEP/RAM factories are still cranking out more units than they are currently selling .. so units are piling up at dealerships.