IT'S HAPPENING! The Truck Market COLLAPSE Of 2024 Is HERE.

Поділитися
Вставка
  • Опубліковано 23 гру 2024

КОМЕНТАРІ • 2,1 тис.

  • @MotorFeed
    @MotorFeed  3 місяці тому +25

    BREAKING! Every Ford Dealership Will Be SHUT DOWN => ua-cam.com/video/ixxkUa5m988/v-deo.html

    • @nuwunative928
      @nuwunative928 3 місяці тому

      #Usapresidentsweneedyourhelp

    • @SenorSwagBuns
      @SenorSwagBuns 3 місяці тому +73

      Im disliking your video just for this goofy title. No hard feeling boss but thats just nonsense.

    • @crazyspartan2991
      @crazyspartan2991 3 місяці тому +10

      ​@SenorSwagBuns lol I'm with you, but it is hard to take your statement seriously, with a name like yours 😅

    • @bultacowally
      @bultacowally 2 місяці тому +4

      SOOOO much CRAP on here now....

    • @darktagmaster1861
      @darktagmaster1861 2 місяці тому +5

      How many stock buy-backs have the big three made in the last five yrs?

  • @JA-zh5xi
    @JA-zh5xi 3 місяці тому +1521

    Truck prices need to come down 35% and bargain from there. Total waste of money.

    • @nuwunative928
      @nuwunative928 3 місяці тому +12

      Chicken tax

    • @nuwunative928
      @nuwunative928 3 місяці тому +34

      All car depreciate 25% as soon it leave the lot

    • @AdamGibbyMC2012
      @AdamGibbyMC2012 3 місяці тому +42

      50% no less

    • @tedecker3792
      @tedecker3792 3 місяці тому +67

      Real trucks have disappeared, single cab, bench seat, useful bed, limited bells and whistles would sell if anyone made one at a reasonable price.

    • @dakotaslt232001
      @dakotaslt232001 3 місяці тому

      @@tedecker3792 They do not care about the middle class. Some city bitch runs the show and will let the entire company fall. I can care less when it does. Another company will take its place and do what the customer is asking for.

  • @rafaelalvizo7128
    @rafaelalvizo7128 3 місяці тому +988

    50 thousand for a half cab without 4x4? What world are we living

    • @Jport90
      @Jport90 2 місяці тому +32

      Lol 50K to get stuck in the mud 😂

    • @danielmanly4793
      @danielmanly4793 2 місяці тому +8

      As if the average driver will even use 4x4 - and I don't mean engaging it for the forest service roads...

    • @danielmanly4793
      @danielmanly4793 2 місяці тому +11

      @@Jport90 Folks that take rigs on trails don't have shinny new trucks - They have a basic rig with the currency spend on suspension/etc. not new paint. Folks don't take new street rigs off roading, come on.

    • @Jport90
      @Jport90 2 місяці тому +4

      @@danielmanly4793 You’re right. Most of the time new trucks are just kept on the pavement only. Rarely are they even used for their purpose to their full extent.

    • @danielmanly4793
      @danielmanly4793 2 місяці тому +1

      @@Jport90 And that is fine - To each their own :)

  • @billybob1723
    @billybob1723 3 місяці тому +467

    $10k off isn't a deal when trucks are overpriced.

    • @largol33t1
      @largol33t1 2 місяці тому +10

      True. These stealerships think we're stupid. They really do. It's NOT a bargain if a truck is marked up $4K and they put it on sale for "$2,000 off."

    • @protoman1214
      @protoman1214 Місяць тому +2

      To be fair he never said it was a bargain. Just that they were marking them down by 10k to get rid of them.
      The point of his video is that 10k off to make a sale is a good sign that the market is about to collapse.

  • @del343434
    @del343434 Місяць тому +129

    Problem is people don't see the over pricing, they only see the monthly payments.

    • @ddums89
      @ddums89 Місяць тому +7

      They also forget about the PPP loan forgiveness. just one of my local dealerships received $660,000 during covid while I got $3,000, and others were crying those on unemployment were being paid too much.

    • @del343434
      @del343434 Місяць тому

      @@ddums89 Oh wow, I never heard of that! That's wild!

    • @666dynomax
      @666dynomax 29 днів тому

      Exactly what drove the prices up and extended the financing terms

    • @ddums89
      @ddums89 29 днів тому +3

      I just looked up the dealership that sold me my motorcycle, $425,000 in both loan and forgiveness.

    • @Deerhunter2024
      @Deerhunter2024 20 днів тому

      ​@@ddums89the only loans forgiven were ones used to pay employees bud. Anything else had to be paid back or it was fraud and they are prosecuting fraud cases it just takes time to get them all.

  • @daviddamjanovich1668
    @daviddamjanovich1668 Місяць тому +26

    I live in Utah. Dealerships here are still pushing 60, 70, 80,000 dollar trucks, and they aren't selling here either. If they would rather go bankrupt than make a fair deal, let them fall.

    • @Mr.Moose_777
      @Mr.Moose_777 19 днів тому +1

      Just like houses here in UTAH ridiculiously over priced. Let them sit and rot.

  • @bartboop
    @bartboop 3 місяці тому +744

    They are trying to sell 50k trucks at 78k. Wait until they get back to 50k. I paid 36K for my loaded Silverado in 2017. It has 33k miles on it. I think I’ll keep it!

    • @wildcatnip
      @wildcatnip 3 місяці тому +76

      Wrong. They are selling 35k trucks at 78k. Do you think Mexico made trucks cost 50k to make?

    • @randymiller5008
      @randymiller5008 3 місяці тому +23

      @@bartboop Make sure you change your Transmission fluid every 30k miles 🧐 or you won't have it anymore 💯✌️

    • @Abbittibbi
      @Abbittibbi 3 місяці тому +7

      2017 silverado with AFM module? You aware of the class action about it?

    • @bartboop
      @bartboop 3 місяці тому

      @@Abbittibbi nope

    • @Abbittibbi
      @Abbittibbi 3 місяці тому +2

      @@bartboop Well there is class action going on in Michigan, almost 4 years in now, about to be settle. All silverado with AFM module between 2015(?)-2022... and a bunch of other GMC's with the same engine.
      6 months ago, my own 2019 1500 Silverado high country was blowing it's second engine, first one at 3500KM.... I had to return it and mortgage my life into a 3500HD(i could have choose a lower model, but eh).

  • @dave3657
    @dave3657 3 місяці тому +233

    Raise the price 25%. 💵💵
    Discount it it by 10% 💵
    Charge thousand for nitrogen and wax.💰💰
    Wonder why trucks aren’t selling. 🙄
    Not rocket science.

    • @ddums89
      @ddums89 Місяць тому +1

      Apply for PPP loans ✅
      Receive loan forgiveness because Americans NEED vehicles.☑

  • @vmoutsop
    @vmoutsop 3 місяці тому +204

    These prices are disgusting.

    • @saeedhossain6099
      @saeedhossain6099 3 місяці тому +7

      even post "discounts" they are still disgusting.

    • @promx96
      @promx96 2 місяці тому +3

      The standard of quality does not match the price tag nowadays everything new is built to last one just til your warranty ends

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому

      @@saeedhossain6099 I'm going to say when you go talk to the salesman, that discount is the A plan....

  • @OSheaGlobalAlliances
    @OSheaGlobalAlliances 2 місяці тому +32

    Weird that there’s not endless demand for a $1200/month payment for 72 months.

  • @CarlWinslow270
    @CarlWinslow270 2 місяці тому +37

    It's crazy seeing how many youtube channels exist like this with the same titles, font, etc with someone walking through a car lot saying the same thing for YEARS....and here I am, still watching them....

    • @user-uo8cd6de8d
      @user-uo8cd6de8d 2 місяці тому

      It’s the new niche. You can do it in any industry .. stream grocery stores products and prices, hardware stores, clothing stores etc.. get that google money 💰

    • @DARKSIDER-xx1os
      @DARKSIDER-xx1os Місяць тому

      I was gonna say the same 😂….the market is collapsing, and here I am with no truck waiting to collapse…..

    • @Chubbydippin
      @Chubbydippin 16 днів тому

      Even worse, is all the channels that show footage from other people's channels, show clips from other people's interviews, tell us what to think about it, and call it "creating" content.

  • @adamlannerd1408
    @adamlannerd1408 3 місяці тому +190

    Working man trucks don't need a king cab or extended cab, they need a full size bed that can carry a full sheet of plywood or drywall.

    • @wildhorsemusic1111
      @wildhorsemusic1111 2 місяці тому +12

      Iv been looking for a work/farm truck but need the cab for my 2 kids whom homeschool/farm with me and will be snowplowing/ hay etc along with me.

    • @michalp2362
      @michalp2362 2 місяці тому +18

      It’s pretty stupid but 90% of truck owner these days don’t haul anything. I have an f150 but a civic would be sufficient for my needs

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому +9

      Not if you're a working man that also hauls his family around in the truck. Or workers.

    • @Sound_Groove_of_America
      @Sound_Groove_of_America Місяць тому +4

      But my gf needs to go get the groceries..

    • @thunderbolt5354
      @thunderbolt5354 Місяць тому +1

      @@michalp2362 Hey I am always hauling something in my Silverado !!!! Yea I always hall a load of fresh Air !

  • @xdmtoter6739
    @xdmtoter6739 2 місяці тому +77

    GMC dealer by me is trying to move trucks with $11K off MSRP. $87K MSRP, Sale price $76K. Still not moving.

    • @gibsonfan159
      @gibsonfan159 Місяць тому +3

      I mean, that's how much a house used to cost. Maybe if they finance for thirty years.

    • @666dynomax
      @666dynomax 29 днів тому +4

      Take another 36k off. Unreal.

  • @randalmiller7952
    @randalmiller7952 3 місяці тому +267

    I don’t care how rich UR. 100k for a truck is the very definition of insanity!

    • @kaym7704
      @kaym7704 2 місяці тому +7

      And do most people need trucks of that size?

    • @serenityinsilence
      @serenityinsilence 2 місяці тому +2

      Most of the people buying those overpriced super duty’s are businesses that use them for work trucks. The foreman’s all drive xlt or higher trims to a job site. 😂

    • @randalmiller7952
      @randalmiller7952 2 місяці тому +2

      @@serenityinsilence I guess what you haul in 100k trucks are bags of money. Of course you wash the bags first and line the bed with deep pile carpet.

    • @Tommytakanawa
      @Tommytakanawa 2 місяці тому

      ​@@kaym7704I tow 15 000 pounds daily with my business

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому +1

      Eh, I disagree depending on exactly how rich...lol. I'm sure if you won the lotto tomorrow and were sitting on 500 mil, you'd be like 'I still ain't buyin a truck till the price comes down'.....

  • @michaelmagness1208
    @michaelmagness1208 Місяць тому +37

    Whats wild is 5 years ago you could a work truck trim for about 28k 32 if you wanted 4x4. Now i dont think anyone even makes that trim line anymore. Give me manual windows and locks,wash out floors and thats it

    • @Thegovernmentisevil
      @Thegovernmentisevil 28 днів тому

      2-1/2 years ago I bought a brand new Ram 2500 Big Horn 6.7l Cummins 4x4 with spray in bed liner for $62k. Idk how they're selling these.

    • @jeffreyward5561
      @jeffreyward5561 23 дні тому

      And a full 8-ft bed

    • @Deerhunter2024
      @Deerhunter2024 20 днів тому

      You can still get a work truck trim for about $40-$45k which is inline with inflation. I don't know about manual windows but also some things are required by government now like the backup camera and crash warnings among other crap as well. People just don't realize how many new government regulations are put on car companies every year especially with this current administration.

  • @Redbullz23
    @Redbullz23 2 місяці тому +11

    Every year they put a new bumper and grill and charge 2500-5000 more dollars, for like last 10 years almosr…. Absolutely insane

  • @robertott2631
    @robertott2631 3 місяці тому +260

    Well if loaves of bread all of the sudden cost 100.00 not a lot of people would be eating sandwiches anymore

    • @TENSOR150
      @TENSOR150 2 місяці тому

      The problem is when you offer to finance the $100 bread to the financially illiterate, they keep buying it. Financing and credit is the scam that keeps prices sky high and Americans broke

    • @dancamon
      @dancamon 2 місяці тому +4

      They’d be buying flour 😂

    • @drumsaresexy
      @drumsaresexy Місяць тому

      God if I could buy a shitty work truck for $1000 that wasn’t just the frame, that would be a damn good day.

    • @themetalhead1463
      @themetalhead1463 Місяць тому +1

      I love me a sammich

  • @TheRichardeverhard
    @TheRichardeverhard 2 місяці тому +35

    Service advisor here. Not worth paying these outrageous prices for new models. I am backed up on work with new models due to exhaust problems and sensor issues. Check engine lights every day. Your truck or car will stay at the service department for a couple of weeks due to the shortage of parts. Many parts are on national back order.

  • @randymiller5008
    @randymiller5008 3 місяці тому +166

    Until the price drops 58% I'm not buying one 🧐

    • @Ellis1127
      @Ellis1127 2 місяці тому +3

      😂😂😂😂 what about 56% 😮😮

    • @robertstaats8391
      @robertstaats8391 2 місяці тому +1

      me either randy.

    • @jmemixx
      @jmemixx 2 місяці тому +6

      F them don’t bail them out stop buying

    • @theoldculture216
      @theoldculture216 2 місяці тому

      😂 clown

    • @xodiaq
      @xodiaq 27 днів тому

      @@theoldculture216😂 Bootlicker

  • @kylesmith245
    @kylesmith245 Місяць тому +5

    i live in northeast PA, i'm 34. I have friends quite literally going out and buying $70K+ trucks making $50k or $60K per year. $1k+ truck payments but "they're really nice"
    it's wild that anyone would even consider it

  • @aalaskaa
    @aalaskaa Місяць тому +14

    This is a great breakdown of the problem, it just doesn't stop at trucks. The market across every vehicle type is the same way. There is a total disillusionment from the manufacturer and what we're willing to pay. None of these trucks are *worth* the sticker price. It's embarrassing and a terrible time to get into the truck market if you're shopping. Buy certified used if you need. These are not worth it and the interest rates will shred you to whatever you have left lol.

    • @anonimous2451
      @anonimous2451 Місяць тому +2

      Hell the Certified ones are wayyyyy over priced too.

    • @s2photo
      @s2photo Місяць тому +1

      I’m looking at used tundras at the moment. 3 year old trucks are selling for more than they did new. This whole bloody industry sucks.

  • @jd43jw
    @jd43jw 3 місяці тому +84

    Local dealer here in Idaho wants $68,000 for a 2021 F350 with 32,000 miles. Unbelievable greed!

    • @dicas1988
      @dicas1988 Місяць тому +3

      I almost spit my coffee. 😂😂😂

  • @DaveInCanada081
    @DaveInCanada081 3 місяці тому +176

    Not worth even half the money knowing all the problems they never rectify year after year.

    • @tannerhughes6274
      @tannerhughes6274 2 місяці тому +1

      What are the problems?

    • @jaymoar3561
      @jaymoar3561 2 місяці тому +1

      Italian junk 🗑️

    • @zombie18g
      @zombie18g 2 місяці тому

      @@tannerhughes6274transmission always gives out

    • @marks4517
      @marks4517 2 місяці тому

      @@tannerhughes6274ford and Chevy transmissions. Ford eco boost cam phasers. Chevy AC condensers. Ram… well it’s a RAM. They’ve had issues with manifold gaskets, TIPCM, ABS, the list goes on.

    • @beegee14
      @beegee14 Місяць тому

      @@tannerhughes6274Chevy Trucks and Fords off the lot have been unreliable as hell for the last 5 years; unreliable as the government for the last 10

  • @JasonRobbins-e7p
    @JasonRobbins-e7p 3 місяці тому +324

    No pick up should be over 50k

    • @nuwunative928
      @nuwunative928 3 місяці тому +5

      Chicken tax

    • @shaverlocal
      @shaverlocal 3 місяці тому +19

      I bought my pickup brand new in 2007 and paid cash for my Chevy 4x4 Duramax LT2500 for $34k out the door. I love that truck and when I die it will be passed on in the family. Let me ask you this?... would you rather have a fancy truck payment or a paid off home? Everything I own is paid for including my$650,000 home...pay attention to what your priorities in life represent for your family. I'm an old man right now, but if I could go back in time I would not carry any debt...

    • @nuwunative928
      @nuwunative928 3 місяці тому +5

      @@shaverlocal yes that’s cool but in 2007 you could buy a car under 35k the thing is the car market will crash the dealership is going in debt with there sales floor tax more the inventory sits more likely we get incentives to get them cheaper so I would buy a house rather than going in debt for a “truck” rather have roof over my head than a bunch of cars I can’t pay insurance and services

    • @luisvilla799
      @luisvilla799 3 місяці тому +15

      @@shaverlocalI’m guessing your home wasn’t 650k when you bought it bud

    • @dancook4993
      @dancook4993 3 місяці тому

      You mean under 30,000 Americans are broke

  • @tylerr5357
    @tylerr5357 2 місяці тому +4

    Thank you for keeping it real and not letting these dealership gaslight people into thinking 50k trucks are normal. This shit is ridiculous. The price of the trucks and suvs need to be in the 30k range. I’m holding onto my 15 Altima until the engine dies 🤷🏾‍♂️

  • @jpii8468
    @jpii8468 22 дні тому +2

    I sold my 392 Daytona Charger to Carvana in 2022. They gave me what I had paid for it new in 2018. I banked $20k and began looking for a truck.
    Truck prices were through the roof, so I stayed patient. I found a 2023 RAM this July that never sold. The dealer added over $13k in upgrades (wheels, tires, lift, power side steps, bed liner, tint, etc).
    The MSRP on the truck was $65k, plus the upgrades had the final price sitting just under $80k. They were running an Internet special for $63k.
    I went in and was able to negotiate $58k OUT THE DOOR (Tax, Title, etc). If you're patient, you can catch dealers in desperate spots 💯

    • @user-ky4gg5rl8k
      @user-ky4gg5rl8k 22 дні тому

      Nice brag. Come back when the trans falls apart or your def sensor glitches and you cant drive. I know more dodges that ppl have had to drop 10s of thousands to fix their problems. 22 and 23 specifically.

    • @joshanderson924
      @joshanderson924 13 днів тому

      ​@@user-ky4gg5rl8k22-23? you mean like 1922-2023 right? because dodge hasn't made a good vehicle in a century

  • @markokrasinski8033
    @markokrasinski8033 3 місяці тому +99

    Slow sales closing dealerships industry Layoffs EV failed launch SUV with a bed....dead
    Greed and stupidity

    • @nightcrawleroriginal
      @nightcrawleroriginal 3 місяці тому +2

      💯

    • @johnliberty3647
      @johnliberty3647 3 місяці тому +1

      Looks like a sabotage to me.

    • @largol33t1
      @largol33t1 2 місяці тому +1

      Not a single stealership in my state within 90 miles of me has closed. But they STILL want $51K for a freaking GMC Canyon and the average price of an F150 is $55-60K and they're "stripped" models: no power seats, no leather, no Sirius radio, no center cupholder/storage bin, no aluminum wheels (they use the fugly ones that look like spare tires!). And NO color choice. All of them were white.

  • @jamessouthworth1699
    @jamessouthworth1699 3 місяці тому +161

    This is why I replace engines not vehicles

    • @robertott2631
      @robertott2631 3 місяці тому +14

      Excellent sir., this is what I’ve been telling people

    • @Dadmotorsports
      @Dadmotorsports 3 місяці тому +4

      Me too

    • @davidanderson8469
      @davidanderson8469 3 місяці тому +5

      They're not cheap anymore either especially a diesel.

    • @botmfedr1m291
      @botmfedr1m291 3 місяці тому +10

      You can buy LS based engines cheap at junk yards… all day long for 3-500$
      There’s plenty of educational and How To videos…
      I quit buying news cars many years ago and just fix them.

    • @robertott2631
      @robertott2631 3 місяці тому

      @@davidanderson8469 my buddy has a Chevy pickup truck from the late 90s, rear end went out he had got a new one., 3,000.00 engine went out he got a good used one from a wrecked truck, 2,000.00. Why pay 80,000 for new Chevy truck.?? Even a new paint job and interior added to that is way cheaper and you have a new old truck again

  • @roguedolphin
    @roguedolphin 3 місяці тому +201

    A 50% discount off MSRP will put them where they were selling in 2019 before the plandemic. That's where they NEED to get to start selling Trucks again.

    • @frogger2011ify
      @frogger2011ify 3 місяці тому +7

      Yup, like we saw in 2015. I'm expecting 50% off sales in the next 8 months

    • @chrissikora3359
      @chrissikora3359 2 місяці тому

      No id say $15 k off sticker

    • @monti-man8207
      @monti-man8207 2 місяці тому +1

      Exactly

    • @michalp2362
      @michalp2362 2 місяці тому

      50% off is only possible in a deep recession with zero demand like back in 08

    • @frogger2011ify
      @frogger2011ify 2 місяці тому +1

      @@michalp2362 nah 2015 here in Canada. And it is a deep recession

  • @DoingitWrongDG
    @DoingitWrongDG Місяць тому +3

    Don't even think about buying a new truck. Let the steepest depreciation be someone else's problem.

  • @joshcostello5278
    @joshcostello5278 2 місяці тому +2

    I realized the price of the truck barely matters, I call one dealer and they tell me $1400 per mo and then call another for the same price and spec truck and get $800 per mo. Dealers are getting too greedy and destroying the truck market further.

  • @christo2974
    @christo2974 3 місяці тому +49

    They raised %150 and now they're dropping %20 hahaha.

  • @runnikee6986
    @runnikee6986 2 місяці тому +11

    Car Edge has also been saying the car market is collapsing for years, yet prices are not falling across the board.

  • @escape150
    @escape150 3 місяці тому +120

    I’m friends with a car salesman that works for a large dealership here in the Pittsburgh Pa. Market. He said the owner told him that if thing s don’t improve in 6 months he will either have to file Bankruptcy or sell the business

    • @MotorFeed
      @MotorFeed  3 місяці тому +39

      My brother in law worked at a dealership and they closed 2 months ago.

    • @karld.5587
      @karld.5587 3 місяці тому +38

      Many Dealerships in my area have changed hands. Xmas ~ New Years here will probably be a bloodbath for dealers. Seems locking out 85% of the car buying public from new rides is coming back to hurt them.

    • @luisvilla799
      @luisvilla799 3 місяці тому +2

      Sounds great screw them all

    • @robertott2631
      @robertott2631 3 місяці тому +10

      Sell to who.?

    • @jjc4577
      @jjc4577 3 місяці тому

      @@robertott2631 a bigger corporation that is looking for a tax shelter.

  • @imveeno674
    @imveeno674 2 місяці тому +1

    You should put in timestamps for different sections for people who are looking for specific trucks, brands, and size and such. Great video! Thanks for going out and checking them out win since I don’t want to lol

  • @RickJackson-tj1zl
    @RickJackson-tj1zl 7 днів тому

    Vehicle prices aren't based on a fixed profit from manufacturing. They are based on what you can afford to finance.

  • @lanfan1464
    @lanfan1464 3 місяці тому +66

    These auto makers (including Toyota) probably agreed with each other on increasing truck prices by 35%-40%. They thought the buyers will get used to it, and love the 1-2% discount. All I see is plastic and eco 4 turbo everywhere. 70k for a truck is insane. I wonder what people using these trucks for.

    • @AyaWetts
      @AyaWetts 3 місяці тому +1

      That's illegal in almost every country... but they could have just been watching each-other and all figured if they see others doing it, they can do it too... but if they actually met and discussed it, they'd be looking at huge legal problems.

    • @chrisdaniel5004
      @chrisdaniel5004 3 місяці тому +4

      Just daily commute

    • @Derek8487
      @Derek8487 3 місяці тому +10

      Mulch bags from lowes once a year .

    • @RareGenXer
      @RareGenXer 3 місяці тому +2

      Air haulers. 99% never haul anything.

    • @davegiannotti758
      @davegiannotti758 3 місяці тому +2

      Vanity BIG Hat NO Cattle wanna be country folk Yep Air Haulers some of these Punk drivers think they can intimidate you Tail Gating with there Huge 150 or Ram

  • @abenwilliams
    @abenwilliams 3 місяці тому +24

    Ford still hasn't learned there is a local dealership with a brand new 2022 F150 on their lot and it still has a $3,000 markup over sticker and they wonder why it's still sitting there

  • @Andyski-h9r
    @Andyski-h9r 3 місяці тому +41

    If sales went down 19% and the price went up 56%, then they are still in profit, we are just too poor to afford this brand.

  • @Nullsie
    @Nullsie 2 місяці тому +14

    Channels like this have been putting out videos for months with titles like this, and yet, still no collapse (at least that I can tell).

    • @WHJeffB
      @WHJeffB Місяць тому +1

      Agree... And it's not just vehicles. Doom and gloom across the board.
      That said... As long as there are upper middle class/lower upper class people buying things at ridiculous prices (cause they can), this nonsense will continue.
      I worked in manufacturing (retired back in July) for many years. You would be surprised at how many white collar, six figure income guys drive these loaded, luxury trucks. They'll pay $80-$100K for a BMW or Mercedes, why not pay the same for a Ford, Chevy or Dodge pickup truck?

  • @jsowder19
    @jsowder19 2 місяці тому +1

    I work for a dealer and we have the three big hitters, Chevy, Ford and Ram. I can say we sale a ton more Silverado’s than we do Rams.

  • @eddyb2001
    @eddyb2001 3 місяці тому +56

    No love lost here. It's called corporate greed and it's finally caught up with them and I just feel they're getting what they put out there. The only problem is it's the workers that get the brunt of the catastrophe caused by executives. And all they want to do is keep everything the way it was and keep bringing their money in and they're discovering that's a no go and then includes the Japanese car makers too, and German.

  • @Fetner58
    @Fetner58 3 місяці тому +64

    Lots full of shitboxes that look worse than trucks from 10 years ago and are less reliable but they want double the price 😂

    • @dev9614
      @dev9614 2 місяці тому +2

      And either the engine or transmission fail before 100k 😂

    • @destinhook3826
      @destinhook3826 2 місяці тому

      Yup

    • @benjaminmata6819
      @benjaminmata6819 Місяць тому +1

      Up to 5x the price bro, these dealerships are pathetic

    • @royhill9892
      @royhill9892 29 днів тому

      I have a 2014 Ram DRW Laramie and I get complemented on it all the time. It is an amazing truck. 75k miles on it. I will drive it until they say it's to old for the road.

    • @royhill9892
      @royhill9892 29 днів тому

      "Roll Tide!"

  • @cadillac1902
    @cadillac1902 3 місяці тому +28

    NO WAY ! I'm so happy with my 20 year old truck , the various repairs Ive done combined with some body work to keep it looking good costs me peanuts , compared to spending what these new trucks cost ! ABSOLUTELY NOT !

    • @Cybersawz
      @Cybersawz 3 місяці тому +3

      That's why I still drive my 2003 Tundra. Bought it new for $28,500. Best vehicle I've ever owned!

    • @cmartin1549
      @cmartin1549 2 місяці тому +1

      Right with you. My issue is my crusty 99 Silverado is about done. I thought I was ahead of the game keeping the old truck going but its replacements is ~55k now. No way. BUT, I need a truck.

    • @christheclamper6614
      @christheclamper6614 2 місяці тому +2

      My dad loves his 2001 ford f150 and he definitely has enough for a newer truck but he doesn't want to he thinks it's a waste of money

    • @sum1995
      @sum1995 2 місяці тому

      😢😢😢 Za

    • @sum1995
      @sum1995 2 місяці тому

      @@cmartin1549we

  • @hellstorme
    @hellstorme Місяць тому +1

    Got a used SUV last year with a high trim package, 70% of the cargo room of a base maverick, and the same towing capacity (better gas mileage towing or touring), AWD, etc... For half the price of the same level trim package maverick.
    It's insane out there. Happy with my purchase,

    • @hellstorme
      @hellstorme Місяць тому

      Oh yeah, with 50 more horsepower and an actual engine that isn't a motorcycle engine with a turbo in it. Weird.

  • @zrescue86
    @zrescue86 2 місяці тому +1

    No one from this country is walking onto any car lot purchasing 80k-120k vehicles.

  • @mvc2177
    @mvc2177 3 місяці тому +16

    It’s simple, if prices went up 58%, bring them down 58%

    • @gorkyd7912
      @gorkyd7912 Місяць тому

      Everything went up 60%. Prices aren't coming down. The profits were temporary post-stimulus spending but the spending is gone, the easy money is gone, the wages are up, all the other expenses are up, and they're already losing money.

  • @user-zo6xg8bx4l
    @user-zo6xg8bx4l 3 місяці тому +125

    GREED is NEVER GOOD...in the long run. Say BYE, BYE, BYE Dealers.

    • @brucefortman766
      @brucefortman766 3 місяці тому +5

      Say by by to car builders also they all out of touch

    • @ExecuteBrandon
      @ExecuteBrandon 3 місяці тому +3

      Greed is always good.

    • @user-zo6xg8bx4l
      @user-zo6xg8bx4l 3 місяці тому +5

      @@ExecuteBrandon 🤣😂🤣😂 A movie myth.

    • @cormaro13
      @cormaro13 3 місяці тому +1

      😂 thinking the car dealers are going away when they will just get bail out again 😂

    • @ExecuteBrandon
      @ExecuteBrandon 3 місяці тому

      @@user-zo6xg8bx4l Reality for anyone that is rich and wants to stay that way.

  • @JBG1968
    @JBG1968 3 місяці тому +42

    Maybe , hear me out , just maybe all their vehicles are just to damn expensive anymore . Just a thought . I’m not an expert or anything

  • @Amadman0
    @Amadman0 Місяць тому +1

    I found a reasonable deal on a Toyota tundra last week so I went out to have a look. It was a 2021 fully loaded platinum with 29k miles. It had some wear and tear (paint chips, door ding and the back vinyl seat had a pattern in it where something sat on it for a long time in the summer so now that pattern is permanent) but it was a good truck. They were asking 49k which is high but I thought they would negotiate. Wrong. When they added everything up the price ballooned to 56k! I laughed at the salesman’s face! I said no way. 56k for a truck with 30k miles? The MSRP in 2021 with 0 miles was 61k! There’s no way I’m going to pay that. I said I’d put 25k down on the truck right now if they make the price 46k. I even have the financing worked out. There’s no need to run my history I’m pre-qualified 100% for this and they wouldn’t move! I couldn’t believe it! I walked right TF out of there shaking my head. I would have been the easiest sale this month but nope. So I’m gonna wait. These prices need to drop significantly

    • @mikejackson5658
      @mikejackson5658 12 днів тому +1

      They don’t make money if you put that much down and are pre-qualified and finance elsewhere. Approximately 55% of the money they make is off financing. Never tell them anything about financing until you have agreed on the OTDP and then negotiate financing then tell them how much you are putting down.

  • @splavin90
    @splavin90 Місяць тому +1

    I was at a dealer last weekend and I told them $70,000 for a pickup is too much and they said they could take 10,000 of msrp

    • @urcookin
      @urcookin 18 днів тому

      Hope you said 50% off and then you could talk otherwise 60k is still too damn much.

  • @cliffweinan3907
    @cliffweinan3907 3 місяці тому +15

    There is also some to be said about instant depreciation of expensive $80k vehicles, like $20k after 1 year ownership.

  • @sinewave5020
    @sinewave5020 3 місяці тому +19

    Went to my Dodge Ram Dealer Lot today. Base Price was 59 K. With ad on's ...including a Cummings Diesel it was 83 K. I was the only soul on the Lot. 4 salesmen were 600 ft. away. Huge lot...endless inventory. Lot Rot in the Hot sun happening. Just not going to drop prices. Just slowly going for another Gov. Bailout. And what may I ask you to the Sunbaked Inventory ? I'm in my 70's,...and it dawned on me. Never going to afford a new vehicle as the Greed Meter approaches Midnight.

  • @HamboMTB
    @HamboMTB 3 місяці тому +7

    A bunch of “smaller” Dealerships around South Texas RGV have been bought by the bigger dealerships. We use to have around 10-15 different dealer franchises, now it’s mostly the same 3 selling different manufacturers

  • @sjwilliams5883
    @sjwilliams5883 Місяць тому +2

    Overpriced basic trucks is said. I thought technology was supposed to make stuff cheaper but it’s only making it more expensive

  • @S_Patty0331
    @S_Patty0331 2 місяці тому +1

    My mom bought her brand new 2009 Ram Crew cab for 40,000…. Now you’re paying 70-80+ for the same trim level!

  • @eddiestanley135
    @eddiestanley135 3 місяці тому +83

    Better keep on discounting this overpriced junk.😊

    • @Rick-vg2pz
      @Rick-vg2pz 3 місяці тому

      Why not make more money and not worry about the price of goods and services?

    • @ImAlwaysRightjustaskgoogle
      @ImAlwaysRightjustaskgoogle 3 місяці тому

      @@Rick-vg2pz what a stupid comment

    • @Jophlo78
      @Jophlo78 3 місяці тому +4

      ​@@Rick-vg2pzSome decisions have much more to do with what's sensible and what is clearly not.
      If someone has the financial means to buy any house they want but doesn't see the value in a particular house then it makes no sense to make the purchase.

    • @mvc2177
      @mvc2177 3 місяці тому +3

      @@Rick-vg2pzlol even at 6 figures, I would buy an overpriced junk just because you settled. Stick your overpriced forced junk were the sun don’t shine

    • @robertstaats8391
      @robertstaats8391 2 місяці тому

      lol exactly

  • @ravenone6255
    @ravenone6255 3 місяці тому +36

    Who the F can afford cars at 50g and up????---- yeah the rich

    • @DarkwellorBZ
      @DarkwellorBZ 3 місяці тому +2

      you are either a pavement princess or a nuke welder and i trust nuke welders to be smart enough to get a silverado for 30-40k

    • @AyaWetts
      @AyaWetts 3 місяці тому +12

      Lots of people can without being rich... they get suckered into 10 year high interest loans.

    • @OSheaGlobalAlliances
      @OSheaGlobalAlliances 2 місяці тому +3

      Grandma will co-sign. The loan will outlive her. Don’t forget to upgrade the rims and tires. You need a truck to impress your clients that you are a top notch handyman whose prices are justified.

    • @DarkwellorBZ
      @DarkwellorBZ 2 місяці тому

      @@OSheaGlobalAlliances I would write out of the will the man who cosigns for one of these clunkers

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому +1

      Really yall? I just got a 24 f250 stx for 54 out the door, ttl. My interest rate was 2.9%. Not as low as it used to be, but the same as when I was a kid in the 90s.... And I am not rich, I'm a middle class working family guy. I pass HD trucks all the time, daily. All these guys are rich? Come on.......
      I agree these trucks are expensive, but also there's some "the sky is falling" bs in all the comments on here....

  • @Fetner58
    @Fetner58 3 місяці тому +17

    Lots full of shitboxes that look worse than trucks from 10 years ago and are less reliable but they want double the price. bought an 18 f150 sport 4x4 for 38,000 and the trans has failed at 70k miles 😂

    • @davidanderson8469
      @davidanderson8469 3 місяці тому

      If you have the very complicated Ecoboost you are on borrowed time too.

    • @norompaslasguindas
      @norompaslasguindas 3 місяці тому +1

      I'll keep my miata

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому

      @@norompaslasguindas your husband doesn't mind?

  • @gahvno
    @gahvno 2 місяці тому +2

    I'll just join in the chorus here. When the prices drop by 40 to 50%, that's when I might start looking again.

  • @sonofabishop4449
    @sonofabishop4449 2 місяці тому +2

    Been seeing videos like this for years now and the prices do nothing but go up. Some collapse.

    • @grumpynomad3551
      @grumpynomad3551 2 місяці тому

      These videos are made for easy UA-cam money. Like the housing market videos.

  • @UAkovalchuk
    @UAkovalchuk 3 місяці тому +18

    Dealers treated us customers with greed and disrespect!!! Now they have to pay the price!!

  • @jmac1099
    @jmac1099 3 місяці тому +7

    Good, that will help the crazy over priced used vehicles too. Great info!

  • @davidwilliams4498
    @davidwilliams4498 3 місяці тому +9

    Did they actually believe many can afford an 85 k truck that is not even fully loaded top of line. Crazy....

    • @grumpynomad3551
      @grumpynomad3551 2 місяці тому

      Companies are buying fleets of new vehicles at these prices no problem. It’s only hourly wage people that cant afford them.

  • @carlosspicywiener9267
    @carlosspicywiener9267 2 місяці тому +1

    I passed on a new, fully optioned Laramie 1500, back in 2020 because I thought 45k was too much... I regret it now

  • @JayRM714
    @JayRM714 2 місяці тому +2

    When you go from
    Making average vehicles for an average price to making slightly below average vehicles for outrageous prices it starts to show.

  • @actualfacts1055
    @actualfacts1055 3 місяці тому +20

    Blame yourself if you pay too much.

    • @roymoxley2587
      @roymoxley2587 3 місяці тому

      Stupid runs rampant in the world

  • @BigBadJohnDiesel
    @BigBadJohnDiesel 3 місяці тому +10

    I haven't seen any massive discounts, in my area! Of course, my idea of a big discount, is probably way different, than what the dealership is offering. When dealerships are offering 30k off, on their 3500 diesels, they'll have my attention!

    • @adamjohnson4117
      @adamjohnson4117 3 місяці тому +2

      A dealer in my area is discounting a Ram 2500 bighorn 15K calling it a good deal. Window was 75K selling for 60K. Not a bad price, but come off another 5K you’ve got my attention.

    • @user-qt5eh9wb7g
      @user-qt5eh9wb7g 2 місяці тому

      @@adamjohnson4117 This is evidence there are good deals out there though. A lot of the comments in here are bs.....

  • @billybio6840
    @billybio6840 3 місяці тому +19

    People spending almost 100k for a truck must be brain dead

  • @user-qt5eh9wb7g
    @user-qt5eh9wb7g 2 місяці тому

    I just picked up a 24 F250 with the 6.8, STX package, for 54 and some change out the door. Tax, title, plate, etc. The Tremor next to it was right around 80 grand with the zilla.
    I couldn't be happier with my truck, and I would never spend anywhere near 100k on a truck, personally.

  • @EricWenzel-g9k
    @EricWenzel-g9k 3 місяці тому +5

    How is this a surprise to anyone? Prices are absolutely ridiculous!!

  • @matrixist
    @matrixist 3 місяці тому +4

    Domestic trucks ALWAYS sold at 20% below msrp. When did people forget that??

  • @Karrpilot
    @Karrpilot 3 місяці тому +16

    Do an article on Harley Davidson. You'll find 2 years old units on the showroom floor that they still want full list price on. If not more.
    In addition to that, you'll find aftermarket bling, not Harley Davidson parts, installed. As well as the markups to reflect that.

    • @norompaslasguindas
      @norompaslasguindas 3 місяці тому

      I warmed up to the bmw cruisers

    • @boaterman
      @boaterman 2 місяці тому

      Yea well Harley Davidson riders (99%) will still buy it since they think those bikes are the greatest thing to hit the market

  • @EricMeiring
    @EricMeiring 2 місяці тому +1

    If we don’t buy companies have no choice but to come down in price, it’s that simple and that’s with everything.

  • @masonyoung7583
    @masonyoung7583 2 місяці тому +3

    a ford maverick brand new was 20k financed. my friend bought one in college… 40K for a new one?!?!!!

  • @2ndAmendment-Jeffrey
    @2ndAmendment-Jeffrey 3 місяці тому +6

    I haven't seen any discounts on Ram trucks other than a couple grand off for incentives. The dealers act like nothings going on.

  • @tomseddio1995
    @tomseddio1995 3 місяці тому +5

    The quality is so terrible on every manufacturer now that lot rot is a real thing to look for. The dealers are now marking up also by spraying undercoating to cover the rust and convince the customer that it's a really good thing. Look for fresh undercoating, it's apparent and a disguise.

  • @DashiellParr411
    @DashiellParr411 3 місяці тому +8

    These large corporations have forgotten the law of economics. Do that at your own peril.

    • @gorkyd7912
      @gorkyd7912 Місяць тому

      The corporations don't control inflation they just experience it. Can't lower prices because the costs are already up 60%. But can't keep prices high because the consumer is broke. Nothing they can do. They milked the free stimulus money while they could, they would have been stupid not to, but the money is gone. If they didn't raise prices and milk it they would still be in this exact same position just with less money in the bank.

    • @_Donovan
      @_Donovan Місяць тому

      Except taxpayers are on the hook lol

  • @Upsidedowndog27
    @Upsidedowndog27 2 місяці тому

    My grandpa drove a ford platinum for YEARS. He had a blue one for a long time and then got a new white one, but he decided recently to switch to a GMC. I don’t know exactly why he switched but my guess is that he was tired of not only the ridiculous prices, but tired of all the recalls he had to deal with with his ford. It seems like every month he had some little part of his truck that had a recall and he had to bring it in to correct it. The one I remember the best was a tiny little part where the seatbelt connects to the seat. He was fed up.

  • @bigEproductions100
    @bigEproductions100 2 місяці тому

    I bought a new 2023 f-150 xl super crew for $40k last year. Base model. 2.7l with vinyl seats and floors. Great truck.
    Originally I wanted to buy a used truck. But trucks with 50k+ miles were selling for the exact same price as a new base model. The market is just so insane

  • @victorjoseph8948
    @victorjoseph8948 3 місяці тому +21

    These abusers can keep there product. not worth the price they sell those truck.

    • @largol33t1
      @largol33t1 2 місяці тому

      And reliability is down big time. Add in lot rot and you've spent $55K on a ticking time bomb.

  • @stinkburger1761
    @stinkburger1761 3 місяці тому +24

    Maverick should be 20k, Ranger 23 and f150 26 for an XL

    • @castiland1000
      @castiland1000 3 місяці тому +5

      Well remember when the maverick was announced it was gonna be 20k msrp for base model 😂😂😂😂

    • @stinkburger1761
      @stinkburger1761 3 місяці тому

      @@castiland1000 lol I should be more specific, I'm Canadian so Canadian dollars.

    • @Ben-iz2mo
      @Ben-iz2mo 2 місяці тому

      I’m happy I got my maverick when I did. Got it for 23k

  • @turner02
    @turner02 3 місяці тому +12

    eff all dealerships for all brands

  • @marthajean50
    @marthajean50 Місяць тому

    Solid info and not a second of wasted time. Wish all videos offered this quality of content. 👍

  • @YoshisReview
    @YoshisReview 2 місяці тому

    That’s a big reason why I got a gmc canyon 23 evaluation rwd ; in may 2024! Msrp around $40k and discount took me around $34.5k. I was looking at maverick to save some money, but getting a better tow capacity, I had to get awd and all the packages took me to $39k for the maverick, so I was able to get get a new canyon with a more capable truck at dang near the same price. Blows my mind how these manufacturers price things these days!

  • @pacificdragon1
    @pacificdragon1 3 місяці тому +12

    These car manufacturers have to realize that consumers only have so much money to go around.

    • @toddprater14
      @toddprater14 3 місяці тому +10

      No one has any money for a car payment anymore , groceries are the new car payment

    • @AyaWetts
      @AyaWetts 3 місяці тому +4

      @@toddprater14 Just me an my roommate together are spending like $500 a month in groceries for us, and trying to keep the price low... we could easily be spending more. I'd hate to see the current bills of a large family with kids.

    • @Paul-n4p5i
      @Paul-n4p5i 3 місяці тому

      @@AyaWetts$500 sounds good to me now. About double that for a family of 4. $16.67 a day feeds you & your roommate. Nice!!

    • @toddprater14
      @toddprater14 3 місяці тому +1

      @@AyaWetts I spend about that a month.I’m single I take 900 a month for mad money (225 a week) I put 70 in my truck I spend 30 on smokes and the remaining 125 a week on food at grocery store… I can’t imagine families food cost either gotta be 1000 plus a month…. My rent utilities,truck insurance internet is like 1400 so 1400+900 monthly spending money =2300 minimum…I can save decent money cause I don’t have a 1000 truck payment and another 100 a month for increased insurance…. Only way you can make it and live below your means is to stay away from car payments..

  • @BigBadJohnDiesel
    @BigBadJohnDiesel 3 місяці тому +5

    Those that need a vehicle, typically buy used. Those that want a vehicle, buy new! Then there are those folks, who have to keep up with the Joneses!

  • @pontiacperformance1993
    @pontiacperformance1993 3 місяці тому +9

    Ram has 2023 models that’s nothing my dealership still had 5 2022 rams

  • @MrMovieMITCH
    @MrMovieMITCH 2 місяці тому

    My neighbor bought a brand new F-150 maybe 2 years ago? The digital compass didn’t work, there was the sound of a screw or something rattling in the AC fan, the truck was making noises on harder turns. He brought it back to the dealer maybe 4 times!!! When he refused to pay for the labor and threatened to return the truck they finally admitted there was a recall for the U-bolts on the chassis! Bring back MINI trucks. Everyone wants my ‘93 Ford Ranger with holes in it!

  • @killbotgamma
    @killbotgamma 20 днів тому

    Dealership prices are still super inflated from the pandemic. They gouged prices when supply was low and they never came back down. That, plus the fact that most new cars suck, buying a car right now is not really a good investment.

  • @karonwells8481
    @karonwells8481 3 місяці тому +7

    I work from home. I will stick with my wife's inherited 84 c10 silverado, my 71 delta 88 convertible, and wife's 17 jeep patriot. All paid for and running. Only note is my 2020 jeep gladiator.

    • @GenericWhiteNPC
      @GenericWhiteNPC 3 місяці тому +2

      lol jeep gladiator lol

    • @karonwells8481
      @karonwells8481 3 місяці тому

      @@GenericWhiteNPC had no problems out of it. Lifted with 35's.

  • @waynelytton7517
    @waynelytton7517 3 місяці тому +5

    Where did these folks get the idea"Oh, we aren't selling hot dog at $1.00, let's raise the price to $5.00 that will increase sales."

    • @gorkyd7912
      @gorkyd7912 Місяць тому

      Well first of all they sold millions of hotdogs at $5 already. Secondly the cost of the hotdog is $4 now so there's no point selling for $3 it's better to just go bankrupt.

  • @TC-dp3vv
    @TC-dp3vv 3 місяці тому +9

    Something have to change, those prices are out of reality

    • @grumpynomad3551
      @grumpynomad3551 2 місяці тому

      Only for hourly wage workers. They can only buy used vehicles.

  • @usr-qpwyg126
    @usr-qpwyg126 2 місяці тому +1

    i am still looking for this collapsing truck prices and nowhere to be seen here in Maryland. I won’t hold my breathe 😢

    • @grumpynomad3551
      @grumpynomad3551 2 місяці тому

      They make these videos for the views and comments. Truck prices are going up every year.

  • @waynelytton7517
    @waynelytton7517 3 місяці тому +6

    They are tanking because the Average truck buyer can't afford the price

  • @edwardlacalifornia9634
    @edwardlacalifornia9634 3 місяці тому +5

    Prices going up 👍, quality going down 👎

  • @rushgush
    @rushgush 3 місяці тому +6

    anything u sell that’s overpriced, and u bloody well know it’s a rip off. is a form of theft.

  • @Noah-lp2fq
    @Noah-lp2fq 2 місяці тому

    My dad bought a 2016 ram 1500 bighorn fully loaded with the hemi. Crew cab with 20k miles and he bought it in 2018 so 2 years old. He paid 28k for it. The dralership called him back in 2020 and offered him 32k for it and he said no. Prices are ridiculous nowadays

  • @jimmykline316
    @jimmykline316 2 місяці тому

    I bought a brand new 2020 Silverado RST during the beginning of covid and only paid $38,500 with my father in laws employee discount. New truck market is ridiculous

  • @beefwithjacob1869
    @beefwithjacob1869 3 місяці тому +5

    This is the problem with America. Ceos make 38 million and we all just turn our heads. While his employees make 50k a year and just make it by?

    • @moondog3056
      @moondog3056 2 місяці тому

      Dumbest comment that keeps getting repeated.
      Let's see one these low level employees run a billion dollar international company.

    • @crimsonoa1
      @crimsonoa1 2 місяці тому +2

      @@moondog3056 I agree, sports fans do not see anything wrong paying 100 million for a football player to play a "game" yet we complain about a CEO making 38 million who runs an entire company.