Why it’s Illegal to Buy a Car from Toyota
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- Опубліковано 15 гру 2023
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Nebula is a crap platform ngl
should've put america in the title
Nothing says “we’re a useful part of society” like “you’re legally required to buy from us”
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It would be funny if it weren’t so sad
😂 I am copying this
Also wtf the spam bot showing up in the comments
Cause you are
It's difficult to express just how much I despise walking into any car dealership. It is a crooked but legalized way of doing business.
Some people swear by dealerships.
Not just legalized, many places in the US it is legally mandated!
@@Halcon_Sierreno I swear IN dealerships.
@Halcon_Sierreno if they enjoy giving away money fair enough but I like to save money and when I use services I like to get an actual service.
Fuck car dealers
costco auto buyer program. get a quote from them. no hassle.
I wish these companies success. THere's no buying experience worse than a car dealership.
It’s almost like they hate you buying a car from them but will stick like leeches seeing if you still want to buy it
@@MrTripsJ Its even worse when they think you have no money based on your appearance.
Buying/selling a house with a realtor?
Honestly this is one of the rare times I root for big business. Car dealers are just rent seekers
I dont exactly disagree with OP's comment, but eventually, if car makers end up taking back market share away from dealers, i foresee this same negative sentiment being drawn torwards the car makers. People will always disdain big companies in favor of small companies. The poor envy the rich, and when they become rich themselves they in turn get envied by whoever is now poor.... humans are so hypocritical....
Tesla: wants to sell cars
Customer: wants to buy car
Car dealership: hey wait that’s illegal! Where’s my cut!?
In Elon's pocket, cause that dude ain't passin' those savings on to you
@@InfernosReaper Lmao, stop opening your mouth, my pants aint down yet.
@@InfernosReaper Model Y is now 46k it was launched at 51k... Tell me how in 4 years Tesla dropped the price by that much. LOLLL get out of here man. You just rolled in from stupid town
Sounds like a socialist complaint lol
@@CenobiteBeldar if cutting out the crooked middleman is socialist, then roll out the red flags, because I'm on board.
Lobbying = legal bribery
It actually isn't. The bribery happens during campaign finance. Lobbying is just calling in favors that were already paid for.
@@AlexanderCruz-py9bbboth are same
It's not bribery, at all. It's paying people to spend time talking to legislators, drafting laws, and the like. Legislators rarely get more than a pittance for being on the receiving end of this. It's still effective because people are paid to make convincing arguments to legislators, and to make it easy for legislators to act on that advice, so a lot of them do.
You can't solve these problems if you have such large misunderstandings.
Wildest thing to me is just how cheap politicians generally are. At this point a lot of the big lobbying groups just go off reputation & ability to yield unseen political power behind the scenes more than they do $$ which often is just couple or tens of thousand to single politicians. You're either in the club or you're not is a bigger sell for politicians
@@TheLastScoot Sounds exactly like bribery with an extra step.
As someone who follows the car market closely, I feel like this did miss acknowledging that 2022 was a deeply anomalous year for the automotive market and things are looking decidedly less rosy for dealers now--which is good, because they're awful and literally everyone should cheer their downfall.
A regional dealership built about 10 acres of lot space in my small town of ~6400 over the last 8 years. The light pollution in a several mile radius went up at least 1 on the Bortle scale as a result.
They also erected a new welcome sign by the main highway exit. Their name is larger than the town's.
As someone who pays their bills by working long hard hours to be a honest and respectable sales person… please think twice about all the families and children that will have to rely on your tax money to survive (should dealerships be closed)
@@DuffCo I've got no problem with my tax money going to folks in need who lose their job from something that is a net benefit on the whole. I doubt it will come to that because the rich owners of most dealers have tons of legal power to preserve absurd legal protections enjoyed by basically no other business out there (probably part of why, as a whole, people loathe them), but, if it does, I hope my tax money can help you retrain to a job that requires working fewer long hard hours for similar or better compensation so you can enjoy more time with your family.
@@DuffCooh no those poor scammers now will a slightly harder life keeping on their shady practices 😢
“An honest and respectable car sales person” LMAO don’t you even see the oxymoron in that phrase?
Yes, why can't I order my next new car online from Walmart, Amazon or some online site ? I don't want to use a dealership - their markups hike new car prices into unaffordibility. This video was well researched - thanks for this.
Amazon is working on a project like that.
Also they bs you if have someone who knwo about car ask them for advice they'll be better than anyone
Never Say NEVER 😎 Justin Bieber
nerd@GrimmLordFromOhio
Tesla
I predict that if dealerships did not exist, consumers would not see the 9-11% depreciation from driving off the lot. This depreciation is a direct indicator of the actual value dealerships steal from a transaction.
I don’t think so, because we have the same in Norway, and Tesla experience it as well.
That huge depreciation from simply putting a tire out of the shop exists in pretty much every country
They don’t “steal” anything. They provide a service and you pay some amount for it. And the depreciation isn’t because of car dealerships. Same thing happens across the board no matter the sales channel.
@@qwerty112311 The deprecation is mostly because of the "Market For Lemons"-Problem. Selling a used car is always somewhat suspect - if it was good, you'd probably keep it.
But the service the dealerships provide is mostly to the manufacturer, not the customer. Since the internet (and probably also before, but slightly less so), you're much better off informing yourself about the cars pretty much anywhere else than the dealership.
What the commenter above said. If the car was truly the same, the buyer would be able to demand for it almost the same price, because why not? But the car is not the same, at least subjectively, it is a more risky purchase.
Dealerships are a leech that contribute very little to the economy. Any money they might donate to charity is just money that was forcefully taken from customers and car makers in the first place.
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@@returnofghg911lol
To a European, American laws on car imports and selling are insane. Can't imagine having to wait over 20+ years to import a car from another country.
Yeah, it's a real shame we can't enjoy so many cars until they're super old. Would immediately import a GR Yaris and Holden Ute if it were legal
Which makes sense for Europe considering how small individual countries are. The US can get away with forcing manufacturing in their country because of it's size. Most countries than can do this will since it seriously does help GDP and the wellbeing of it's citizens.
@@tyler1107 european union has the size needed, but it is super anti competitive and against everything EU wants to achieve with open trade.
And yet we are told America is a bastion of unfettered capitalism. Well, it is if you are poor. But if you are rich you get socialism.
@@lauejpeople tend to forget how protectionist the EU is. The EU has a lot of its own laws designed to keep non European cars out, same with china and Japan.
In Utah, they law says that manufacturers that only produce EV's don't have to go through a dealership. At the time it was enacted, only Tesla qualified but as EV's become more popular and ICE's get phased out, that's likely going be most or all car manufacturers. For once we are using the shortsightedness of corporations for good.
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Holy crap eleven spam replies
@@Vvince68feel like dealerships spawning them in. I've never seen this many bots outside a penguinz0 comment section
One advantage of ordering from the manufacturer is you can often customise down to an insane level since it's mostly build to order, right down to the colour of the stitching on the seats. The disadvantage is you might have to wait a few weeks, or even months if its a popular model.
This is incorrect and misleading. While some manufactures allow for this level of customization when ordering, it comes at great cost. See Porsche for example. It is not reasonable or feasible for manufactures of vehicles they are selling 100,000+ of per year to offer such customization.
Furthermore, the idea of getting a custom spec car is as little as a few weeks is very incorrect.
@@beauwille2294correct, also the general customizations are also offered through dealerships, buying directly from a manufacturer won’t add additional options
Really? Last I checked there were like three option packages you could add for most cars, and for some bizarre reason the only one that most people have a use for depends on buying the other two first for a total of an extra $3000.
@@beauwille2294 Well nobody said it was cheap to customise! And it's not just the luxury brands that offer fine grained customisation.
It is absolutely possible. Most car manufacturers operate on a JIT model, so very little is built in advance. Obviously they can't make major changes, but colour of seats and trim aren't major.
In terms of waiting time, it really depends on how long the queue is. For a very exclusive luxury model it can be many months or even years, but more common cars can be shorter.
@@Croz89 I never said you did. I just tried to help educate and correct the record on custom orders and what someone would experience, which is nothing like you implied it to be.
Dealer markups over MSRP are the ultimate slap in the face.
I wonder if dealers are behind the recent 'no one want's to buy EVs' push that reached washington recently.
No I just think no one wants to buy that when everything is already so expensive
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Is anybody else getting more and more upset and jaded the more they learn about just how much the 1% of society is allowed to take advantage of everybody else with governmental impunity?
Make TOYOTA Tundra Great Again 😎 Scotty Kilmer
I blame the cold war we wanted to not be the commies so hard that the government allow the 1% run them now wonder we don't have no universal Healthcare, better infrastructure, education, good public transit etc... because it doesn't instantly benefit them and they I remembered Dominos try to fix fit hole selling the solution to the problems they made as if they ove come what the stuff their doing
Dealership owners are nowhere near the 1%. The vast majority of them are more akin to your mom and pop operation.
Be more upset that members of your community will throw you under the bus for a profit the first chance they get.
That's because they ARE the government. You voted the lawmakers in
Yup
Props to Tesla for changing this archaic law
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It looks like the bots are back once again. Haven’t seen them in awhile. (I’m talking about the comments before me, not the original comment)
@@apsoypike1956spam bots
Um what?
@@arifurr I've no idea either.
ProTip: Watch this video at 1.5 Playback Speed.
thanks 😂
Thank you
Thank you
Thank you for your service.
I watched this at 3x.
The American auto buying expierance is archaic, outdated, wastefull and stressfull amoung other things. Franchise laws need to go for the betterment of our society. I'm also sick of seeing car ads every where. Imagine how much cheaper cars would be if you weren't paying for the extra bloat of dealer markups due to ridiculous amounts of overhead and advertising for a product that's marketed to us like we need to buy a new one monthly when it acuallity it's more like multiple years.
Drivers are already paying very low prices for owning and driving cars, in the guise of lower sales taxes, subsidized fuel prices, free roads and parking, payout caps on damages, parking minimums in commercial areas, exempting light trucks from emissions testing and taxes, subsidized suburban housing (sprawl).
You're buying a new car every few years?
@@gray3508 are you some sort of bad mind reader? I've owned my current vehicle for 13 years
@@langhamp8912 are you a anarcho capitalist? With that logic everything is subsidized. You forgot to mention airplanes, seaways, defense. I could go on.
@@ogjk I would respond by saying automobiles have particularly heavy subsidies compared to airplanes, seaways, and defense. I don't think most people realize just how huge those automobile subsidies are, but it's a major expense of tax dollars regardless of whether you own a car and it's the major reason suburban municipalities are going bankrupt or going into debt.
For instance, a parking spot costs about $3500 to build with about a 20 year lifespan; your car has 7 of them, plus the two required at your home. Thus, the cost of parking is about $500 per year per person, or about $2000 for a household of four per year. And that's just parking never mind automobile-only roads and payouts due to wrecks and pollution.
I know that Americans loath public transportation, but most states spend less than $10 per year on public transportation, with NY spending the most at under $100. By contrast, drivers spend about $12,000/year on their cars, with their government spending about half that in subsidies.
"30% less than than mississippi" damn never seen anybody take a jab at mississippi that quick
Car dealerships are one of the worst parasites. Legit can't even buy what I want. If there is miraculously a stock of the car your looking for you have to deal with their bullshit random ass fees and markups because they can attitude. They are also to blame for every car model becoming gigantic as they are super incentivized to sell bigger and heavier gas guzzlers over traditional or even mini cars.
Yes and no. It is really GM and Ford that made SUVs popular in recent years. Other car makers such as Mercedes and Toyota simply jumped on board because of how profitable it is to sell bigger cars that are less practical.
I bought my car (a Chevrolet Bolt EUV) through what remains the only Mom and Pop dealer in my area. They have actually made it their niche to specialize in selling EVs and have previously been the #1 Volt and Bolt seller in my state. It was honestly a great buying experience. But unfortunately that seems more the exception rather than the rule
Yeah I saw one dealer trying to add a 10k markup on a base model 23 Hyundai Elantra dealers are just getting absurd
Nice, the only "mom and pop" car dealers I see now are little used car places, and most look shady as heck.
I was shocked to see Dave Smith being mentioned in a UA-cam video as a north Idaho native, I remember riding through the silver valley, from Mullan to Smelterville, and counting something like 30 lots owned by Dave Smith Motors, it's honestly incredible
North eastern Washington and loved to see it!! We drive an hour and get deals there
In the modern age, these middlemen are no longer useful, and do not need protection.
Back when you had to physically arrive at where you wanted to buy stuff from, dealerships played a pivotal role (even if the governments were fucking stupid, because that's what governments inevitably become). It's simply not the case any more.
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Kinda wondering how much the concentration of dealership ownership contributed to the surge of prices on cars 🏷️🤔
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I cannot begin to imagine the mindset of someone with enough money to buy a $100,000 pick up truck, but who is also willing to put the time, energy, and resources into buying plane tickets, flying potentially cross country, and taking a shuttle bus, just to get a bit of a bargain.
Maybe those kinds of people have the money cus they know how to manage it.
@@hatemyusername13 Most people who are good at managing money don't buy $100,000 cars!🤣
@@GrnXnhamif they make ten times that a year they do
@@fortheloveofnoise9298 Change "They do" to "They can if they want to".
I’ve flown to buy used cars before! Key word is used haha
10:52 "In Michigan, Tesla can “market” its cars by opening “showrooms” and offering test drives, so long as the actual “sale” technically occurs out of state.
In Connecticut, Tesla drivers can lease but not buy. And in New Mexico, the company opened dealerships on tribal land, where most state laws don’t apply.
In Texas, its cars must first be exported out of state and then re-imported to a local buyer. Tesla salespeople can’t legally mention prices or even direct buyers to the company’s website."
Tesla has been fighting this battle across the U.S. for a decade. Other manufacturers and consumers greatly benefit from that fight
The Amazon car buying service is just a referral to traditional dealers. You still get the joy of sitting in the finance office while the price you agreed to with the salesperson mysteriously grows by $7000.
Yeah, no idea why everyone is going crazy about it. Referrals were a thing 15-20 years ago.
Polymatter is literally one of my favorite content creators. In this crazy world filled with opinions anyone creating quality content based on economics is welcome.
Most people never even read the budgets and decisions they complain about. More information is a blessing, and Polymatter definitely spreads valuable info by bucketfuls.
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I'm 54 and my whole life almost everyone I've known has thought car dealerships are sleezy. Granted, some dealers are better to deal with. They do work hard, are honest and do value your business. Too many others lie through their teeth, are lazy and take great pride in ripping people off.
Dealerships add so much in car prices and give very little value to society.
Dealers are actually uselss
I disagree, there are no good, honest ones…
Bought a Tesla in November, single best car buying experience I've ever had. I'll never step foot on a dealership again.
in which state? did you have to deal with any of those laws?
Wait someone feels the need to tell everyone they own a Tesla? This never happens
@@danzwku Telsa deals with most of the law stuff themselves and the customers don't even know the things that tesla did to sell them the car.
Wait until you need service on that Tesla 😂
@@Effervescent_Smegma most likely under warrenty
Recently a video went viral of a $55 million wedding in Paris, the bride is heiress to chain of Mercedes car dealership in Florida
great introduction! for some reason Kellogg, ID is a place thats always in the back of my mind. its just so unlike any place ive ever been. ive passed through many times, and its just such a bizarre place. i was unconsciously aware of the fact the town was just a giant car dealership. but honestly i never had even processed the town's name. if some said kellogg, id ask "where is that?", but if they said "the Dave Smith town" id say "ohh i know exactly where that is!"
“Ford Superduty”
Shows a GMC
same 💩
Same shit, different logo. Lmfao.
@@returnofghg911Do you have your own channel?
I though Kellog would sell breakfast cereals.
This video fails to mention that the largest profit center for a car dealer is their finance department. In short, dealers can negotiate better rates with banks due to bulk borrowing, then charge a buy back rate to the costumers. Not to mention add-ons to the loan like gap insurance and myriad other unneeded “services” to pad the loan. Most car dealerships, like most airlines, have become banks themselves.
It was in the graph, but not called out as you noted. When you see a dealer making money from "finance/insurance" you know you are spending more than if you just went out and bought it directly - if you even wanted it in the first place.
This is what happens when you protect industries from competition with excessive regulation. They get comfortable, and start cashing in on that security in ways that hurt the consumer.
I remember growing up in Seattle hearing the radio advertisements for Dave's in Kellogg, Idaho... back when AM/FM radio was a thing.
My dad bought a Tesla few months ago in NY, easiest car buying experience ever
This is why Tesla is legally not allowed to sell cars in some states. Because they don’t use middlemen dealers
It used to be illegal in far more states, but Telsa has fought and won in most to reverse or gain exceptions from the draconian dealership laws
there is this little dead town in the south of Illinois but despite it's long time decline, it has a thriving new and used car dealership that spans a good 10 acres as you get to the north end of the town; Guetterman Motors. The dealership is almost as old as the dealership in Carbondale, 13 times it's size.
This whole topic just infuriates me. There's literally no purpose in car dealerships existing, they simply jack up the price for customers and make the process more of a hassle than it should be.
I like how Mississippi is the measure of how low the income is.
And then we ask ourselves why the middle class doesn't exist anymore.
Except... it does... But ignore that.
@@SangoProductions213No you only have upper-middle class, mid-middle class and lower-middle class people now :(
@@houseplant1016 ikr?
@@SangoProductions213 These middle men should be brought to the ICC for doing that
The second dealership you showed is in Aventura Florida, I you just tilt the camera 90° to the left, you'd see it's not a small town
Sometime around 2007 we decided to purchase a nice Chevy pickup. We visited 3 local dealers and had to suffer through their obnoxious sales routines. We knew there was a rebate offer for the vehicle, but they each claimed no rebates existed.
Someone told us about Dave Smith. We drove 8 hours to visit the dealer, and it was quite amazing to say the least. They had the same truck for $5000 less than the other dealers. They also acknowledged the rebate offer as well. No pushy sales tactics and no back and forth on monthly payments.
Just as we were getting into the vehicle, paperwork signed and all, the salesman came back out with an envelope. They found another rebate that they hadn’t realized existed, or it was a new one that day….not sure which. Either way, it was an envelope with $1500 cash.
I hate the car dealer routine and refuse to go through it. I’ve since purchased multiple vehicles there and will continue to do so.
It's not illegal in Australia though, car makers have their own showrooms. They're even mentioned on the number plate holder after the car is brought.
Or on the car plate holders if you opted out of getting the dealership ‘Y’ Series plates.
Nada is a great way to describe what they’re doing for society
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0:33 and 0:50
Right off Interstate 90 = not exactly NOWHERE.
Note that the Spokane airport is on the FAR SIDE of the Spokane Metroplex from Kellog - likely 20-30 minutes of that "hour drive away" is within the Spokane area.
In Massachusetts there's a highway with a ton of car dealerships on it the dealership's on it. It's called the Boston Providence Highway are some people simply call it Route 1 (pronounced root). Many of the Ernie Boch car dealership commercials from back in the day used to say come see us at Route 1 on the Auto Mile because the car many dealerships spanning across 4 towns.
Auto dependency from the top down has never been consumer choice. All a structured market to keep autos profitable.
Cars are nice but making them the only viable way of getting around in many places shouldn't be a thing. Socially you may even be looked down on for not having one.
How is forcing a middle man a good thing? If we're changing fees for realtors we should change fir dealers
this is U$A we're talking about here
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watching the preview caught me so off guard because my home town isn’t far from Kellogg. many of my peers’ parents and even people I went to high school with now work there.
Kellogg also has a pretty big ski resort with the longest gondola in America, along with a couple breweries and restaurants in the resort area of downtown (not what you showed)
Car dealerships are not in the business of selling automobiles any more, they sell loans, primarily. The cars are almost completely immaterial at this point, except as a vehicle to sell somebody a high interest loan, where the dealership often gets a couple points on any loan they are able to facilitate via their vehicle sales.
Try to pay cash for any car these days, or get financing on your own. The sales manager is not going to be happy, and will work extra hard to sell you on nonsense value-adds (like tinting, paint protection wraps, or theft recovery product) at 2x market rate. Because again, they farm out the tint/wrap to lowest bidder and keep 50% or more of the cost.
Automotive sales need to go back to direct sales, and the sooner the better.
This is why you always negotiate a final price before you whip out your checkbook and buy it outright.
Just FYI, Oregon no longer has mandatory assisted pumping, hooray! This means we won't look 'special' when we go to Washington/Cali
I drive a Model 3 and live in Michigan. I took the train to Chicago, took an Uber to the Tesla showroom there, and drove my car back home. I live 20 miles away from a Tesla showroom in MI but… had to go 300 miles away to get one. So stupid!
All of these conversations miss why dealerships exist in the first place - in the early 20th century there was no way for the auto makers to manage the logistics of selling and servicing their vehicles in the towns the buyers were in. So the dealer network was created. A local business designed to service the needs of the local customer. Then the auto maker only had to worry about the distribution of vehicles and parts (which were moved to a third party as well) and they (manufacturers) were immune from managing the local economics.
Without the local dealers you would never have had small town dealers and (more importantly) warranty service available for people. Making car ownership that much more of a barrier for rural people.
Today there is not as much need. Computer systems can manage the logistics to a level of perfection that no other method provides and with internet sales you can nearly eliminate the local new car experience completely.
The only issue is service. If you think it is hard to get a service appointment from a dealer in your city, think about how hard it must be if you live in a town of 4000 people. Then think about if the decision wasn’t up to a member of the community whose family may have been doing it for 70 years, but a faceless corporation that doesn’t care about anything except the profitability matrix.
It’s a complex issue and any easy solution will leave tens of thousands of losers. But the current method only makes an unfair wealth balance as well.
So we need a not-simple solution.
where's the "free market" ?
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Part of the reason Dave Smith got so big was because my Dad bought millions of dollars worth of cars/trucks from him in the 70s/80s when Dad was a manager at Bunker Hill mine. Smith probably wouldn't have made it without those purchases. Dealers from everywhere tried to get Bunker Hill's business but my Dad stuck with the local dealer.
Kellogg, ID is the nearest town to Silver Mountain ski resort, so it's not the middle on nowhere per se but it's close
Wow. Kellogg, ID and Ashland, OR. Two of my favorite places to mountain bike. haha.
So let me get this straight, people would buy a car thats cheaper in Idaho, then what? Drive all the way back which alone might close the gap in the price of buying local???
Yeah, it's a vehicle after all. The other thing they have beyond price is selection, they gobble up all the vehicles so you can often not get what you want locally and are forced to fly there.
I could have saved about $2k on my last car by buying in Iowa instead of AZ. But, it would have cost me $1600 to have it shipped here. Decided it wasn't worth it for $300-400.
Buying a Hyundai from Amazon is not directly from Amazon- they send your order to a dealer who has the car in stock and then they carry out the sale and arrange shipping to you (is my understanding)
12 minute video, ads at the beginning, two ad breaks in the middle, and then an ad read at the end.
Very interesting, great jobs once again
“FrEe mARkEt”
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Literally live long enough to become the villain.
I worked at a dealership for 4 years. I quit due to the hours they require from their sales consultants and the unscrupulous pricing with add ons, bait and switch advertising and markups. The business there is slow and the lot is overflowing with cars. I feel like dealerships are on the same path as Blockbuster was.
Wow Kellogg is a random place to mention. I’ve stayed there for a snowboarding trip multiple times. It’s really random to see all those cars in the middle of nowhere
Thanks for all the awesome content!!
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Land of the free and the brave, unless companies with political ties can't profit off you, then we'll get the government to force you into giving us your money
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Literally the least free market country (vs their reputation) out there when you look at sheer lobbying power, policies & even their global trade policies.
Dealerships had their place in the past. it made sense when the internet wasn´t around to have there good selection on cars while comparing it to other dealers. perfect for asking questions and maybe also a Test ride. But now a lot of these things can be done over the internet. And the easy ordering process makes it much easier to go directly to the manufacturer. and this way possibly both the buyer and Manufacturer get better prices while you cut out the middleman which became a lot like a leech.
Dealers in the US are a pristine example of corporate greed. Milk as much as you can from the buyer, refuse to fix their vehicles, and when a company like Tesla that makes a better product, more affordable car, and a more positive environment at a showroom, you adjust your prices adding outrageous "dealer markups" or "market adjustments" which you then blame Tesla for causing and absolutely zero responsibility for your own greed ... in effect, it's the opposite of capitalism, which relies on the public and market to determine the fate of a company.
I worked as a mechanic at a dealership when I was younger. Sales people truly are the worst
There NEEDS to be heavily restrictive regulation on markups and anti consumor profit motives. NADA needs to be abolished and dealers should be abolished or heavily controlled by the company they operate under.
Or maybe, just a crazy thought, less government regulation creating monopolies and bizarre incentives?
@@TheSteinbitt Exactly, why would we grant monopolies for consumer goods? Let the manufacturers, dealers and consumers sort out what is best.
Dave Smith is something of a legend. Just imagine Main Street USA with cars for sale parked on the sidewalk.
Very glad that Dacia in Europe exist.
Their prices are fixed. You exactly pay the list price no discount or markup. If a dealer does that they loose their contract.
Ok you have a destination fee but that was also not very high.
Ordered a car in december 2021 and recieved it in april 2022.
Paid 18650€ for seven seats, keyless entry, led headlights, propane kit installed, rear view camera and parking sensors, alloy wheels, rain sensing wipers, a specific colour, touch screen navigation, heated seats, cruise control and much more.
Yes the engine isn't the most powerfull but it's a great familiy car.
Dacia Jogger.
Maybe some manufacturer should think about such a business modell too.
In Europe Dacia is very popular for three reasons.
The cars are very reliable and have a high resell value.
Value for money is extremly high
The customers don't feel cheated.
GREAT STUFF! I actually drove through Kellogg Idaho in 2020 during the supposed "car & truck shortages"....I was shocked @ the massive anounts of vehicles sitting around Kellogg when dealers in Coeur d'Alene (25 miles to the west) or Spokane (65 miles west) were kind of vacant....Same thing for Lewiston Idaho, the Nissan dealer had a "parking lot sale" but, took much of their inventory off site and hid it in a nearby industrial park. I tend to always buy "new/used" from private owners myself. Lots of "Smoke & Mirrors" in the auto industry.
There's a lot of shady shit in car prices, like adding things such as back-up cameras and mirror lights, which ostensibly sell safety, but actually are unnecessary cost drivers. Any single car company is likely a bigger camera seller than GoPro, or Canon.
Back up camera and sensor and mirror lights should be after market features that you can buy from a separate company such as the tech retailer best buy offers such products.
Backup cameras are legally required by law… and they make backing up so much easier
@@shrimpshrubbery7664 Vehicle deaths and accidents have increased since 2018, when the law was put into place. It's true that it's a law, but that doesn't change my statement. The mandatory cost just allows them to charge more for these features because... it's not like you have an option, right? Walking in public with a helmet is a lot more safe too, isn't it?
As a person from eastern Washington, drive to Kellogg and it’s worth the drive. Cheap deals !!!!
You ought to do a video on the "Brief Silver Spike". That's an interesting story.
Never underestimate the governments ability to ruin markets.
Nothing like an unregulated monopoly to really help the consumer.
^An oxymoron that has never existed
@InvestorAcademyPodca monopolies only arise from government regulation. Think
Thats the exact opposite of what happened. Hell, the US barely has a government. Your corporations regulage themselves. This is an example of this.
@@TheDanorte did you even watch the vid?
This country loves monopolies.
0:37 Why did you show listings of GMC Sierras when you were talking about Ford Superduties?
Hyundai doesn't "sell" cars on Amazon. It's nothing more than a portal thats dumps you off to a dealer.
I just bought a car from a well known car company that doesn’t use dealerships. Best buying experience for a car ever. No hassle, no negotiations, no sleezy middleman markup, no finance scams, mostly done online, courteous and responsive representatives, exactly as described.
Never buying from a dealer again if I can avoid it. They are useless and expensive and untrustworthy.
What about warranty repairs? Where are you taking your car for that?
@@johndong7524 To the company I bought it from. They have a service center well equipped to do repairs 10 miles from my house. Not a concern.
Car dealers are nothing more than unnecessary middlemen who add cost and subtract value. They are an anachronism that needs to disappear. The sooner the better.
@@stacybehrens7152 Thanks for proving my point and showing everybody you don't know what you're talking about. What about all the people who live far away from the service center? They can't reach it just as easily as the traditional dealerships which are virtually everywhere within a quick drive. I know it's not a concern for YOU, but it is a concern for many many other people. What happens if your car breaks down far away from the center or you move where the service center is not available? What about people with a trade-in who don't want or can't to sell their car themselves? What about people who can't order online, like some elderly people who are not very comfortable with modern technology? What about the people who need a car fast, like today? What about the people who want to take advantage of savings by negotiating a good price and getting a good deal on dealer's financing due to the high competition among car dealers? You might not like car dealerships personally, but they are an absolutely necessary and integral part of the car owner's life. Lastly, the service center and the show room for your precious Tesla or Rivian are essentially the same thing as a dealership. It's costing manufacturer a lot of money to run those. Who do you think they will pass the expense onto? YOU.
@@johndong7524 There are more repair shops than dealerships and they're usually cheaper than the service centers at dealerships...
Got a car that you don't want, sell it on the private market. Which by the way, newspapers still exist or hell, the old fashioned "for sale" sign in the window works.
The money "saved" from financing isn't coming out of the money the dealer paid for the car. That's coming out of the money they added (markup) to that cost. Middleman still gotta make a profit lmao...
For the record, without dealerships, manufacturers could and would open up their own lots to sell their cars to people. They would still operate similarly to the dealership as they still need to sell cars. The difference is, you're not being slapped with additional markups from an independent middleman who did not provide any additional value or service to the car. This by the way, still allows the opportunity for trade-ins even though it wouldn't be ideal.
The trade-in is definitely one of the better arguments in favor of dealers but it's not a perfect one. Like I said, the manufacturer could still allow trade-ins and either resell the car themselves or scrap/recycle it for parts.
Wow f this garbage, I'm definitely never buying a car through a dealership.
DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER
1.5x speed is best for this narration. 1.75x if you like things fast.
The short answer is lobbying, but things are starting to change slowly.
This is why cross shopping dealerships no longer works. They all price fix and will not negotiate.
It is crazy that a distributor makes the same, or even more profit than the company that produces what they distribute. You gotta love how the laws won't be changed because the dealership benefits an area, even though it harms all who have to shop there.
Imagine if one entity controlled all aspects before it gets to the consumer.. would that be called a Monopoly?
No, it's called a direct-to-consumer business model. Like so many brands of other items where you can buy directly from their website.
You can argue it's vertical integration, but that's hardly monopolist, considering the number of automakers today.
@@crash.override There was a guy named Theodore Vail, I’m almost certain he was thinking the same thing with his company. _Then came ‘74_ and here we are today.
I feel it’s a double edged sword. Almost like a process server(public servant)
He says Ford Super duty and shows a picture of GMC Sierra Denali.
Also Kellogg Idaho is home to Hoffman Boots, one of the best pole climbing boot makers on the planet.
Had a recall issue dealt with at the dealership and was recommended $6K+ in work and yet they failed to identify my rear wiper needed replacing despite their 20 point inspection that found no issues with the car or the wiper blade. Was their a wiper issue? Yes, the blade was hanging off the wiper 😂 Classic dealership.
Although the cost of servicing an EV is generally lower, the difference isn't night and day, for example in the first 6 year service life of the car, an MG 4 Excite 51 will rack up a service bill of $1499 while a Toyota Corolla ZR Hybrid hatch will rack up $1605, a difference of $106 over the 6 years (These are Australian figures). Dealers also have the benefit of locking in EV customers with servicing (and repairs especially) compared to an ICE vehicle.
My buddies Tesla actually has higher maintenance costs than my Ford once you account for tires. The extra weight makes tires wear out about 25% faster. He's already due for tires at under 25,000 miles, and my Boss's electric Mercedes needs new rear tires after 17,000. One extra set of tires in 100,000 miles costs more than all the oil changes and brake jobs I'll ever need.
but if anything happens to that battery pack you'd probably end up buying another car
You also cannot import cars unless they are a certain age (in the US and Canada at least) making sure that you will be forced to buy these marked up overpriced hunks of junk.
Import them through Vermont or Oregon as farm equipment
Car dealserships were angry that people were inporting cars from Europe and self fitting the US required bumpers, lights etc
So instead they lobbied Congress to impose the 25 year rule. Unless youre Bill gates. Then he fought for an exception to the 25 year rule for his Porsche 959. So the show and tell exemption allows for rare or note worthy cars to bw inported only. Contingent on them doing like less than 3k miles a year.
Freedom baby hoorah
It's funny I can go on say the Toyota website, find a car I want, pop in options, color scheme, and get an actual price. Then what... I still have to go to a dealership to get the car? How much of a percentage upcharge is the dealer getting for doing literally nothing except saving a parking spot for the car?
So the problem with dealers is that they're really not doing anything, my last experience about 6 years ago was that we wanted all weather mats in the car, due to a child this was non-negotiable. The color my wife wanted was also high up there but wouldn't you know it, the color she absolutely hated had the mats and the one she liked didn't. So my question for them was why can't you just swap the floor mats? It's the exact same make and model just in a different color, you can't print up a new sheet to show that they have different mats? What there are laws against that? (they claim) yet the same dealership can add foam trim around the doors and market it as a "scratch protector" for $400 (and also claim they can't remove it).
He saw the clips of that massive wedding and got to work! Love to see it :D
There’s a reason they’re called “stealerships”
Yoooo I'm a sales consultant at DSM. It's wild to see half the valley at work every day. Sell close to cost and #1 comes naturally through repeat and referral. Truly a unique spot. Cmon down and ask for Evan! 😂
This was a great video!