I love these channels. Every day "ITS OVER". It's been over for apparently all of 2024 if you look at YT thumbnails. You and Car Questions Answered have been saying the entire market is crashing every day for a year and a half.
Have you ever seen the film the big Short? Because there were people saying the credit crunch was coming for 18 months and no one wanted to stop the party. Not the institutions or the regulators. Didn’t stop it happening.
@@TheLogitech91 I do know, and it's pretty much the only reason these companies were rescued time and time again. They hold the economy hostage in an extortion scheme that only seems to benefit Wallstreet and the executives during bonus time. After decades of broken promises from them though, I now believe that it would be better in the long term to let them collapse and have the market self-correct.
@@TheLogitech91 They need to go out of business. They keep making stupid decisions. They know simps will always talk about too big to fail. From the ashes competition will always step up as long as there is a dollar to be made..
This whole insane price rise started way back when all the brands (except Ford I think) took bail-out money and as a part of it had to close a lot of dealerships. This concentrated the sellers in a kind of monopoly and prices went up sharply afterwards. Recently they all took EV initiative grants to the tune of billions and kept the money while reversing on the increased production of EV vehicles because the ones already produced hit a wall and fell way back in sales. They, manufacturers and dealers, have heavy handedly manipulated the market yet they didn't have the foresight to keep prices level, or even remotely in-line with the consumer's wants, desires, and ability to buy. I saw just this evening 2023 models that were new (they classify them as demos even if the mileage is under a hundred) that still sit unsold. Their collective run-away greed with poor decisions such as Toyota and Stellantis to kill their best engine have come home to roost. I'm currently looking for a truck and haven't yet been offered the kind of deal I expect so I'll wait and see. Your saying you can buy under invoice gives me hope these circumstances can collide to give me a chance to buy a truck at a reasonable offer..
@@erice9536 they didn't mandate EV. the mandate was for fuel efficiency. The companies decided to do HYBRID. sure it all sucks now. that how things work till you work the bugs out of it. It's a new age we change and evolve. Yall sound like people why never thought the internet or computer would be a big thing
They rely and thrive on the misinformed, the vehicle buyer who doesn't do their homework.😮😮, which is probably a huge percentage of their sales. Oh well. Peace........
Take a $50.000 truck. Jack the price up $ 30.000 then offer $10 grand off. That is how stupid they believe people to be. Some are. But not enough to sell trucks.
The average american household today can barely even afford a Corolla. who the heck does Toyota and their dealerships think will be buying their $80K vehicles?
they sell, I see them daily on the street.....you would be surprised how many people have disposable income....people were buying used trucks for more $ than new not long ago, you would think how is that possible but it happened......people are consumers to the bone.....they are living off credit cards people are the issue, products just reflect what we ask for
That's why we purchased an older 2002 Trailblazer a year ago, with 150k miles on it. Very solid vehicle with 4wd and gets plus from A to B. $2500 car is "worth" more than any new car and its interest rate today. If the Trailblazer takes a crap, I'll go buy another one. I've learned that buying cars to impress others that don't give a damn about me, gave me no personal gratitude.
@@featheredcoyote5477 You call that a "good" purchase? My parents got rid of one because the trans went bad. The cost for a rebuilt trans along with labor was worth more than the vehicle.
Not true. Picked up a Maverick at 0% for 36 months. Put a 10k down payment and put the rest of the cash in a high yield savings account that got me 4% interest.
@@markwegner6100 supplier pricing, so 1k under MSRP. But this was 3 years ago. Different market. Point is not so much in my example, but that you should always run the numbers.
Ford did it with the ecoboost and it has proven to work well. I have an f150 with an ecoboost 3.5 and it has more power than v8. The 2.7 ecoboost are garbage and have low power, but the 3.5 are good. So give credit to Toyota. They are giving you a 3.5 for the same price ford is giving you a 2.7 now.
It's going to tank reliability as we have already seen. Instead of a under worked cast iron engine of old we have over worked aluminum and plastic junk. That's without even considering the poor qc of parts now.
@Alamaric That's not the problem. You now have a small engine always working extremely hard to make power. That is the mortal enemy of longevity. All the legendary engines over time were so because they were overbuilt and under worked. Plus the eco boost has cam phaser issues and it's real common.
The big picture is doesn’t matter how many vehicles are sitting on the lot. If dealers still refuse to lower the prices, it tells me that there are still idiots out there who pay the overpriced. Buyers are the problem to the high prices, not the dealers.
Even if prices were way cheaper there’s way too much tech on them. Cylinder deactivation, stupid stop/start, 10spd trans, digital gauges & HVAC controls..No thanks
everything is like that now. a vehicle used to drive 100k miles for a simple problem that now disables the vehicle immediately. then you gotta tow it to the dealer cuz who else can work on these modern over complicated computer dependent monstrosities
Local Ford Dealership has over 250 new F150s, NONE have the 5.0 V8! The V8s sell immediately. Guys that need a truck do not trust the 2.7 or 3.5 turbos.
I used to work in the auto industry for Jaguar Land Rover and believe me, they’ve looked at everything being plastic. Including exhaust and manifolds I have also seen a fascinating video on UA-cam where someone made a plastic jet engine and it really works ! Hint: not a very long…
Average working class joe: "i really need an affordable truck to get some work done" Truck manufacturers: "Here's this $80k+ behemoth packed with features no one asked for"
God 1st, always. Happiness is innate. A retired woman(Boomer) here. Happily Debt 💸 free. Not broke. Not struggling. No regrets. No stress. Although I have the cash,💰 I will not buy any of these ridiculously overpriced vehicles. I’ll keep my hard earned money in high yield savings accounts and CDs. Let all these money 💵 hungry stealerships fail. They’re reaping what they sow.😊
@@ramblerandy2397 Nah. I’m happy with my 50 MPG Toyota Prius Hybrid I paid cash for brand new in 2013. Reliable, Zero repairs, Low fuel ⛽️ consumption and expense. Still running like new. Saving me a ton of money.💰 Awesome car!. Lol!. My Prius will likely outlast me.
During my career I worked as a Consumer Loan Officer from 2000 to 2021 at my local Credit Union and local Bank. Back in 2000 I can recall most monthly payments were close to $400.00 for a loan amount of $22,000 for 60 months, this was a typical loan amount. Through the years the terms crept up from 60 months up to 84 months, the term was increased due to the loan amounts being much, much greater. It is unbelievable to me that the consumer will purchase a vehicle for $50,000 or more and the payment is through the roof, I simply cannot understand how they would fall into that debt trap. There were lots of denials on the latter part of my career because their income just couldn’t support a monthly payment nearing $1,000 or more. Incredible! You do an excellent job providing this information to the public, I hope they are good hearers. I have subscribed.
all that stock of vehicles will either need to be reduced in price if they keep sitting on the lot. The reduction will need to be large for me to buy. Like back in 2019 prices .
And their credit is sagging. Even if these jackasses could sell their junk cars their market will be so far in debt they won’t be able to buy future cars. They know this, but still they try to force us into larger vehicles by discontinuing smaller vehicles. They got something planned to where our buying power will not matter to them. Fleet vehicles we can order through Uber for one ride at a time?
The problem is politicians whose policies have caused inflation. That in turn devalues our labor market. It’s not the fault of wages, rather Washington DC devalued our labor.
The prices of the problem you're crazy who in the hell wants a $50,000 truck or a hundred thousand dollar truck it cost more than your home does it's stupid
Maybe people are waking up that a $1600/month truck payment to commute to the office getting 17mpg is not the right path for building financial wealth and security.
As a European I wonder why every American needs a truck instead of a normal car? We don't see them here, and people who have move stuff on a regular basis just buy a cheap van.
Americans don't think that way. Trucks are a symbol here. Even people that don't have a need for trucks prefer them. We just don't see things the same way as Europeans do. Probably never will.
because we're Americans. LMFAO Why tf would we think like Europeans? We do our own thing. We are who we are and we don't apologize for it. @@wuzgoanon9373
I don’t understand why do they have the trucks and cars fully loaded with all the electronics. I don’t need all the sensors telling me that I need air in the tires and a dashboard with a computer display.If they eliminate all of that that would reduce the prices on those automobiles a lot.All need is a good radio in my truck.
I agree with everything you said. We normally get a new pickup every 3-5 years. We generally pay it off within the first year but when the prices skyrocketed and quality/trim’s dropped tremendously it was an easy decision for us to keep what we already had. Local dealerships calling making offers to buy the truck back for more money than we paid originally. We couldn’t replace what we have without it costing what homes used to cost!! LoL It was a teachable moment for our daughter just because you can afford something doesn’t mean you should buy it. I feel buying at these atrocious prices was only putting off the inevitable so it’s unfortunate but the correction must come.
If you figure in inflation from say 2005 to 2025 then the prices of the new vehicles is not far off in price. In fact some maybe be cheaper than they were in 2005. The fact is the dollar is taking a beating because of government spending and the printing of money. Can't just keep blaming the manufacturer. Now I'm no fan of car dealers, they are absolutely some of the worst type of people I've ever had the misfortune to deal with. But let's be real here. Inflation is the biggest problem. And dealer add on charges don't help the situation either.
It seems though like the manufacturers have been pushing way bigger trucks than people who need trucks actually need. Giant frames with full cabs with smaller beds. If they scaled back to what people actually needed, they could sell for less. Trucks like the 90s/2000s Ford Rangers and F150s.
In March 2005, I bought a 2004 Ford Ranger XLT there at Spradley Barr Ford (Garff) for $17,000. The inflation calculator says that today's equivalent should be $27,500. I "REALLY" miss that truck... 😕😕😕
The price differential is worth considering, but the real problem is as was described in this video. Cheap base models are not being made anymore across the board. People moan that electric cars are too expensive but in terms of value they’re very good. They’re just so expensive to start with.
Buying a used ram makes more sense than buying a new one because it had the older reliable 5.7 hemi in it. The new one is a piece of shit. That’s why you would buy a used one new and glittery isn’t always better and it’s not better at all ever nowadays.
In 2015 I purchased my 1999 Mitsubishi Mirage for $1,100 cash, kept up on routine maintenance, she's at 237k miles and going strong. It's value even increased to $1,500 somehow. Best purchase I ever made. If you also don't make much money and would like some breathing room, ditch the car payment. It's so nice. People care as much about what you drive as you care about what others drive. Not at all.
My used 1999 Nissan frontier that cost 2300$ and runs like a champ and my used 2006 Sentra that never needed major repairs disagrees. All in all I’ve put less than 1000$ in repairs and maintenance into them in the last few years. Used markets are full of gems. Dealerships are for suckers and filthy rich people with no concept of value
I think the reason that the F150 is the Country's best selling Pickup Truck is because every Truck Shipped to a Dealer is counted as Sold. Never mind whether the Dealer can find a buyer. There is no way a Truck should cost more than a Premium Luxury Car. Truck buyers know that and are voting with their feet. Automakers have ignored their Customer's Incomes and what they can afford. Even if a would-be buyer wants one, too many cannot qualify for a loan. Also, I wonder how it will go for Toyotas being built in Mexico if there is an added 25% Tariff on them.
Even with tariff it will be cheaper for them to build in Mexico. Good business move for stock holders and company. Capitalism baby. Gotta be winners and losers.
And nobody has made a bare-bones 1/2 ton with a manual transmission since the 1990's... the inline 6 engines Ford & Chevy made were indestructable and could actually pull a trailer!
Years ago we were allowed to put new vehicle interest on our taxes but no more . We also years ago had only a 71/2 years for a savings bond to mature . The Government changed it to 14 years . The Government has been screwing us over . No. NAFTA . Who. Can afford 800 dollar a month Truck payment . Not to mention all the recalls . Insanity !
Very interesting information Untamed. I don’t feel sorry for the dealerships at all. The car and truck manufacturers don’t listen to their customers. Give us reliable, quality vehicles at a reasonable price. It’s not that hard. Toyota had so much going for them. How do you screw that up ? Very disappointing
Who keeps buying new vehicles that enable these outrageous prices?! My 2019 $50k loan is paid off in March and there’s NO WAY IN HELL I’m buying a new vehicle at these prices. I’m paying cash only with today’s pricing and keeping a fully paid off vehicle. The auto market needs a significant correction.
I would be a prime target for a new truck. My 2014 ram sport has 160k miles and is running great still. I bought a Honda civic 3m ago to save miles on the truck and have a small fun car for now. If I could of got a new v8 ram for 40k I would of done it.
I believe this covers that the over optimism of car dealers, rather than the market being down. Plenty of people buying trucks but the dealers are over there head with the expection of sales considering their inventory to price range correlation.
They all do, nothings crashing..they will slow down production so the lots aren’t as full.. people will still buy that have well off jobs , the ones that don’t will be buying older used cars..I guarantee the next step is to produce model years every other year instead of yearly..
Subscribed! Well spoken and educational video. Using these types of videos to my advantage as i am sitting on sidelines waiting to buy a super duty truck. Unfortunately here in SoCal these dealers still think. They can get MSRP for a F250 with popular options.
i would NEVER buy a car that costs $100,000 with even ZERO percent interest. i mean this is not a lamborghini or a super car that can actually hold value because of very limited production runs. and these things depreciate worse than a single woman with cats who just hit the wall at age 30. yes even worse than that. you really feel the loss of value each year. example a new s-class is like $120,000. in about 5 years, these things are on sale for like $40,000. in about 10 years, like $15,000. i mean come on, talk about an awful purchase.
0 percent interest for 60 months? Thats unheard of and actually a good deal. So to understand, all of the car payments will go to principal and nothing towards interest?
Great video as always my man. The market has nowhere to go but CRASH. I got my new 2020 TRD Pro right when dealerships reopened after the pandemic. I wasn’t going to buy a truck at the time but my gut told me to get it. Looking back, 51K out the door, V8, great truck! The truck market is absolutely stupid at this point. :( And hey, Merry Christmas to you and your family.
Yeah Canadian here, my nephew bought 2021 Tundra sport model, I have the 2011 4.6 at 225 km.. every new vehicle seems to have recall’s ? Poor quality across the board.. means higher prices ?? middle class got wiped out in every aspect of normal life.. financially.. car companies got told to go electric and it cost them so they push that loss onto the buyer.. Just fix and keep care of the vehicle you got.. Merry Christmas..
It’s crazy to think that manufacturers expect people to just fork over that kind of money. A close friend of mine works at an auto dealer and watched a guy roll over $40,000 and negative equity into another vehicle and if the vehicle loan is fulfilled without refinancing, the total cost will be $167,000 on a $70,000 vehicle insane
Get rid of greedy dealerships and buy online with service departments available. Greedy American unions too! 4 door pickups with 4 bangers..huh? Government and the woke democrats caused most of this!
90% of people that have one of the stupid vehicles don't even need them, at any price, let alone a $100k. let these guys fail & go out of business. vote with your wallet, by not spending.
There are still buyers out there that will jump on a sale once they get their monthly payment where they can handle it. That's what all salesman do. The problem for the buyer is. They will have to finance it out seven years and will be upside down in trade in value for close to half of that. A person is a fool in this market to buy new anything.
I love these channels. Every day "ITS OVER". It's been over for apparently all of 2024 if you look at YT thumbnails. You and Car Questions Answered have been saying the entire market is crashing every day for a year and a half.
It's the same video every video lol
@@righteousone1 its getting old....
Well, this time it's for real.
Have you ever seen the film the big Short? Because there were people saying the credit crunch was coming for 18 months and no one wanted to stop the party. Not the institutions or the regulators. Didn’t stop it happening.
But it really is.....finally! 😂
Let it crash. Let them go out of business. Merry Christmas and Happy Holidays to Untamed!
^^^ This 💯
Do you know what would happen to our economy if the big three went out of business.
@@TheLogitech91 I do know, and it's pretty much the only reason these companies were rescued time and time again. They hold the economy hostage in an extortion scheme that only seems to benefit Wallstreet and the executives during bonus time. After decades of broken promises from them though, I now believe that it would be better in the long term to let them collapse and have the market self-correct.
LOL
@@TheLogitech91 They need to go out of business. They keep making stupid decisions. They know simps will always talk about too big to fail. From the ashes competition will always step up as long as there is a dollar to be made..
Let them all Bankrupt .. No bail this time.. Pure Greed
This whole insane price rise started way back when all the brands (except Ford I think) took bail-out money and as a part of it had to close a lot of dealerships. This concentrated the sellers in a kind of monopoly and prices went up sharply afterwards. Recently they all took EV initiative grants to the tune of billions and kept the money while reversing on the increased production of EV vehicles because the ones already produced hit a wall and fell way back in sales. They, manufacturers and dealers, have heavy handedly manipulated the market yet they didn't have the foresight to keep prices level, or even remotely in-line with the consumer's wants, desires, and ability to buy. I saw just this evening 2023 models that were new (they classify them as demos even if the mileage is under a hundred) that still sit unsold. Their collective run-away greed with poor decisions such as Toyota and Stellantis to kill their best engine have come home to roost. I'm currently looking for a truck and haven't yet been offered the kind of deal I expect so I'll wait and see. Your saying you can buy under invoice gives me hope these circumstances can collide to give me a chance to buy a truck at a reasonable offer..
Or maybe because our benevolent government has mandated EV's that lose 50K per unit they have to make that 50K back on trucks.
@@erice9536 they didn't mandate EV. the mandate was for fuel efficiency. The companies decided to do HYBRID. sure it all sucks now. that how things work till you work the bugs out of it. It's a new age we change and evolve. Yall sound like people why never thought the internet or computer would be a big thing
Bail out was laundering money , pure and simple.
This isnt corporate greed, this is bad government policy…all companies are struggling.
i like the way they advertise 0 percent interest on a truck thats over priced by 50 thousand.
Informed consumers won’t buy overpriced junk.
They rely and thrive on the misinformed, the vehicle buyer who doesn't do their homework.😮😮, which is probably a huge percentage of their sales. Oh well. Peace........
It seems like more and more consumers are either informed or broke.
@@tommcdonough6086 The vaxxed killed enough brain cells to open up the market for a tad longer.
Take a $50.000 truck. Jack the price up $ 30.000 then offer $10 grand off.
That is how stupid they believe people to be. Some are. But not enough to sell trucks.
I was just about to comment the same thing! You're absolutely correct!
Thats 20k truck not a 50k truck. They use more robots than ever now. Materials are only a little higher.
The average american household today can barely even afford a Corolla. who the heck does Toyota and their dealerships think will be buying their $80K vehicles?
Average American buyer to salesperson: "How much is the payment on _this_ Tundra.....including the late fee?"
They can't hear you. They are listening to the devil 😈.
Idk I see many people driving brand new trucks and their teenagers driving trucks only a few years old. Somehow they're affording it.
You missed the subtly of my post @@tracyjohnson5023
they sell, I see them daily on the street.....you would be surprised how many people have disposable income....people were buying used trucks for more $ than new not long ago, you would think how is that possible but it happened......people are consumers to the bone.....they are living off credit cards
people are the issue, products just reflect what we ask for
Almost bought a new Ranger for 37k interest would’ve made it 50k total thankfully my parents talked me out of it
Buy a used 5 year old car. Massive saving.
That's why we purchased an older 2002 Trailblazer a year ago, with 150k miles on it. Very solid vehicle with 4wd and gets plus from A to B. $2500 car is "worth" more than any new car and its interest rate today. If the Trailblazer takes a crap, I'll go buy another one. I've learned that buying cars to impress others that don't give a damn about me, gave me no personal gratitude.
@@featheredcoyote5477 You call that a "good" purchase? My parents got rid of one because the trans went bad. The cost for a rebuilt trans along with labor was worth more than the vehicle.
@reubenmorris487 Yep, damn good purchase in my opinion. Trannys can go out in any car.
God bless your parents
1st rule of financial stability. NEVER borrow money for a depreciating asset.
Not totally true lol. Got a 2017 tundra. Current KBB shows the same price as when I got it for.
Not true. Picked up a Maverick at 0% for 36 months. Put a 10k down payment and put the rest of the cash in a high yield savings account that got me 4% interest.
@just4ivaylo92 You likely paid at least full sticker. Some deal.
@@markwegner6100 supplier pricing, so 1k under MSRP. But this was 3 years ago. Different market. Point is not so much in my example, but that you should always run the numbers.
Spot on. Wake up people
If they get bailed out again you can bet prices will go up even more
Any bailout bill should be met with Primaries of these corrupt ass politicatians
They paid it back unlike the banks Bush bailed out.
“It’s like crapping your pants and changing your shirt” Haha! Love this guy!
😂
I’m glad you’re blowing the whistle on these people. They have priced us out of the market.
From a 5.7 liter NA engine to a 3.5 twin turbo in the Tundra still has me scratching my head.
This is the future we like it or not.
Ford did it with the ecoboost and it has proven to work well. I have an f150 with an ecoboost 3.5 and it has more power than v8. The 2.7 ecoboost are garbage and have low power, but the 3.5 are good. So give credit to Toyota. They are giving you a 3.5 for the same price ford is giving you a 2.7 now.
I had a 5.7 litre and it was a PIG on gas, and when I towed a trailer it was at least 30% worse. Other than that though, it was indestructible,.
It's going to tank reliability as we have already seen. Instead of a under worked cast iron engine of old we have over worked aluminum and plastic junk. That's without even considering the poor qc of parts now.
@Alamaric That's not the problem. You now have a small engine always working extremely hard to make power. That is the mortal enemy of longevity. All the legendary engines over time were so because they were overbuilt and under worked. Plus the eco boost has cam phaser issues and it's real common.
The CEO of ford motor company earned 26.5 million in 2023, thats a lot of overpriced recall riddled vehicles. $80k trucks, insanity. Let it crash.
He is driving a Chinese EV. Makes you think eh?
The big picture is doesn’t matter how many vehicles are sitting on the lot. If dealers still refuse to lower the prices, it tells me that there are still idiots out there who pay the overpriced. Buyers are the problem to the high prices, not the dealers.
Moving production to a cheaper labour market was never meant to lower the retail price of any product.
Auto Dealer's meeting: Well, it appears that no one wants the new 6 cyl pickups. Go mark up all the used V-8s by $10K.
4 cyl
At the manufacturer's meeting: " Welp, looks like no one can afford an 80k vehicle....we'll have make heated seats a standard option"
@@maxi-meyo heated seats are nice lol a heated steering wheel is a little much
@@bradleylawless9595
Not in Phoenix, it isn’t.
No bail this time.. Pure Greed Let it crash. Let them go out of business. Merry Christmas
If the truck is 60,000 overpriced and they offer you $7,000 how are you saving money??
Exactly! It’s a sham and the smart ones don’t fall for it.
Even if prices were way cheaper there’s way too much tech on them. Cylinder deactivation, stupid stop/start, 10spd trans, digital gauges & HVAC controls..No thanks
everything is like that now. a vehicle used to drive 100k miles for a simple problem that now disables the vehicle immediately. then you gotta tow it to the dealer cuz who else can work on these modern over complicated computer dependent monstrosities
Local Ford Dealership has over 250 new F150s, NONE have the 5.0 V8! The V8s sell immediately. Guys that need a truck do not trust the 2.7 or 3.5 turbos.
I wonder when they'll bring out plastic exhausts? They've sabotaged everything else.
I used to work in the auto industry for Jaguar Land Rover and believe me, they’ve looked at everything being plastic. Including exhaust and manifolds I have also seen a fascinating video on UA-cam where someone made a plastic jet engine and it really works ! Hint: not a very long…
And plastic engine blocks.
$60k for a SR5. Almost $90k for a loaded Tundra. Thats unfortunate. Times have changed.
"Hummer EV ! 9000 pounds of pure dog Sh...."
😅😅😅
😂😂😂
Average working class joe: "i really need an affordable truck to get some work done"
Truck manufacturers: "Here's this $80k+ behemoth packed with features no one asked for"
Or 60K for a stripped-down work truck with 7% interest so you will end up paying 75K for it when your done making payments and it will be worth 20K.
you can buy an F250 XL for $40K.
too much inflation on car market. who can afford to pay 90k for truck? insane. time to back to normal.
God 1st, always. Happiness is innate. A retired woman(Boomer) here. Happily Debt 💸 free. Not broke. Not struggling. No regrets. No stress. Although I have the cash,💰 I will not buy any of these ridiculously overpriced vehicles. I’ll keep my hard earned money in high yield savings accounts and CDs. Let all these money 💵 hungry stealerships fail. They’re reaping what they sow.😊
How about considering buying an affordable sedan, hatchback, wagon or crossover, instead of these expensive gas guzzling monsters?
@@ramblerandy2397 Nah. I’m happy with my 50 MPG Toyota Prius Hybrid I paid cash for brand new in 2013. Reliable, Zero repairs, Low fuel ⛽️ consumption and expense. Still running like new. Saving me a ton of money.💰 Awesome car!. Lol!. My Prius will likely outlast me.
@@happylistener4628 Well you did exactly what I suggested, only back in 2013.
@@ramblerandy2397because some people need a truck that a sedan just will not do
American Greed. Grand Theft Auto. Stealership series. 😂
Most underrated comment on any vehicle related channel these days
Love it. Well said😊
I dont think you understand how inflation works and what printing trillions of dollars have affected the US dollars worth.
@doctoribanez Rebuttle: I don't think you understand humor. Nuf sed.
During my career I worked as a Consumer Loan Officer from 2000 to 2021 at my local Credit Union and local Bank. Back in 2000 I can recall most monthly payments were close to $400.00 for a loan amount of $22,000 for 60 months, this was a typical loan amount. Through the years the terms crept up from 60 months up to 84 months, the term was increased due to the loan amounts being much, much greater. It is unbelievable to me that the consumer will purchase a vehicle for $50,000 or more and the payment is through the roof, I simply cannot understand how they would fall into that debt trap. There were lots of denials on the latter part of my career because their income just couldn’t support a monthly payment nearing $1,000 or more. Incredible!
You do an excellent job providing this information to the public, I hope they are good hearers. I have subscribed.
Bruh, every video is identical to the last. Total click bait. 🤦🏻♂️
Then don’t watch it I mean, how do you get around in life? Do people tell you what to do all day?
all that stock of vehicles will either need to be reduced in price if they keep sitting on the lot. The reduction will need to be large for me to buy. Like back in 2019 prices .
You’ve been saying it’s done for a year now. Yet these trucks remain out of reach without taking on heavy debt.
Stubborn dealerships are going out of business but you're right, prices are not coming down enough.
30k in 2019 is the equivalent of 37k today. The prices aren't the problem. The problem is people's income isn't keeping up.
And their credit is sagging. Even if these jackasses could sell their junk cars their market will be so far in debt they won’t be able to buy future cars. They know this, but still they try to force us into larger vehicles by discontinuing smaller vehicles. They got something planned to where our buying power will not matter to them. Fleet vehicles we can order through Uber for one ride at a time?
The problem is politicians whose policies have caused inflation. That in turn devalues our labor market. It’s not the fault of wages, rather Washington DC devalued our labor.
The prices of the problem you're crazy who in the hell wants a $50,000 truck or a hundred thousand dollar truck it cost more than your home does it's stupid
Inflation
Maybe people are waking up that a $1600/month truck payment to commute to the office getting 17mpg is not the right path for building financial wealth and security.
You're not paying attention 47 will slap a heavy tariff on cars manufacturered outside the US
So what
You think 100k for a vehicle is OK now?
As a European I wonder why every American needs a truck instead of a normal car? We don't see them here, and people who have move stuff on a regular basis just buy a cheap van.
Americans don't think that way. Trucks are a symbol here. Even people that don't have a need for trucks prefer them. We just don't see things the same way as Europeans do. Probably never will.
In rural areas they are almost a necessity, but no one has built a decent work truck since the early 2000's...
because we're Americans. LMFAO Why tf would we think like Europeans? We do our own thing. We are who we are and we don't apologize for it. @@wuzgoanon9373
Welcome to materialistic ego filled look at me. I want to feel good about myself and I don’t even care that. I’m racking up that people.
Because they are stupid fucks!!!! Look at their president elected!!!!
I don’t understand why do they have the trucks and cars fully loaded with all the electronics. I don’t need all the sensors telling me that I need air in the tires and a dashboard with a computer display.If they eliminate all of that that would reduce the prices on those automobiles a lot.All need is a good radio in my truck.
AMEN TO THAT 👍 🙏
They can’t control you without electronics
I agree with everything you said. We normally get a new pickup every 3-5 years. We generally pay it off within the first year but when the prices skyrocketed and quality/trim’s dropped tremendously it was an easy decision for us to keep what we already had. Local dealerships calling making offers to buy the truck back for more money than we paid originally. We couldn’t replace what we have without it costing what homes used to cost!! LoL It was a teachable moment for our daughter just because you can afford something doesn’t mean you should buy it. I feel buying at these atrocious prices was only putting off the inevitable so it’s unfortunate but the correction must come.
I like that you’re calling them out
you are doing a great job.thank you for all the information
Great info. It would be really cool to get a sit down with one of these dealership managers and get the perspective from their side.
When did a price of a small house becomes same as these trucks !!!! I call greed ..
If you figure in inflation from say 2005 to 2025 then the prices of the new vehicles is not far off in price. In fact some maybe be cheaper than they were in 2005. The fact is the dollar is taking a beating because of government spending and the printing of money. Can't just keep blaming the manufacturer. Now I'm no fan of car dealers, they are absolutely some of the worst type of people I've ever had the misfortune to deal with. But let's be real here. Inflation is the biggest problem. And dealer add on charges don't help the situation either.
Very good points but at the end of the day the law of supply and demand will be the ultimate dictator correct?
income has not followed inflation in all that time haha.
It seems though like the manufacturers have been pushing way bigger trucks than people who need trucks actually need. Giant frames with full cabs with smaller beds. If they scaled back to what people actually needed, they could sell for less. Trucks like the 90s/2000s Ford Rangers and F150s.
In March 2005, I bought a 2004 Ford Ranger XLT there at Spradley Barr Ford (Garff) for $17,000. The inflation calculator says that today's equivalent should be $27,500. I "REALLY" miss that truck... 😕😕😕
The price differential is worth considering, but the real problem is as was described in this video. Cheap base models are not being made anymore across the board. People moan that electric cars are too expensive but in terms of value they’re very good. They’re just so expensive to start with.
Buying a used ram makes more sense than buying a new one because it had the older reliable 5.7 hemi in it. The new one is a piece of shit. That’s why you would buy a used one new and glittery isn’t always better and it’s not better at all ever nowadays.
5.7 w/ 8 speed is one of the most reliable platforms with proper maintenance. This guy is spewing nonsense
Year?
I wonder how many buyers of these monsters even have a use case for such a truck.
In 2015 I purchased my 1999 Mitsubishi Mirage for $1,100 cash, kept up on routine maintenance, she's at 237k miles and going strong. It's value even increased to $1,500 somehow. Best purchase I ever made.
If you also don't make much money and would like some breathing room, ditch the car payment. It's so nice.
People care as much about what you drive as you care about what others drive. Not at all.
Repeat . Please we know the vehicle market is down. You have made many same videos of it
Feeling good here, keep hearing “CRASH”, let them bankruptcy.
That used to be the price you would pay for a Porsche or Mercedes, Not a Ford or Toyota pickup. Ridiculous.
True I leased a Porsche Boxster 10 years ago that listed for 75K.
I paid $2,000 for my 1992 Lexus LS400 and $3,500 for my 2004 Toyota Sienna. I would like a truck, but not going to pay anywhere near those prices.
I wasn't expecting a video to be posted on Christmas. But Untamed is out there still grinding.
They'll wait you out. Eventually, everyone needs a vehicle. They are not built to last.
My used 1999 Nissan frontier that cost 2300$ and runs like a champ and my used 2006 Sentra that never needed major repairs disagrees. All in all I’ve put less than 1000$ in repairs and maintenance into them in the last few years. Used markets are full of gems. Dealerships are for suckers and filthy rich people with no concept of value
The best payment and rate on a Truck is payed off
Keep your Truck
Looks like I'll hold onto my 2011 Silverado for a bit longer.
Unless a person is filthy rich, anyone paying $100k for ANY vehicle has lost their mind.
Every dealer ive been to will not budge and the lots are full
They are mistakenly thinking ahead to "Tax refund" season will be great for them.
Thats what im seeing in Phoenix too
Toyota is the Bud Light of the automotive world
Are you trying to say the other brands aren't? Why?
@@nandy1256 they had it made and, by their own accord, ruined their brand and legacy
@@patmaples5096
Which specific action of theirs is unfair?
SO THESE CAR DEALERS THINK WE JUST GOING TO WALTZ IN THEIR CAR LOT AND BUY A 100K TRUCK? yeah move and get hit with 100 percent tariff.
Won’t happen.
I'd drive a Yugo before I would pay these stupid prices.
I haven't seen a Yugo in decades. I almost forgot about those. I remember when they were brand new. Thanks for the memories.
Id drive a Pinto before id pay those prices. Actually the Pinto wasnt that bad.
I think the reason that the F150 is the Country's best selling Pickup Truck is because every Truck Shipped to a Dealer is counted as Sold. Never mind whether the Dealer can find a buyer. There is no way a Truck should cost more than a Premium Luxury Car. Truck buyers know that and are voting with their feet. Automakers have ignored their Customer's Incomes and what they can afford. Even if a would-be buyer wants one, too many cannot qualify for a loan. Also, I wonder how it will go for Toyotas being built in Mexico if there is an added 25% Tariff on them.
Even with tariff it will be cheaper for them to build in Mexico. Good business move for stock holders and company. Capitalism baby. Gotta be winners and losers.
@@fritty9927 you will never be a capital owner lol
I’ve been hearing about this “crash” for years now.
When is it actually going to happen?
I'll stick with my 1999 Chevy with its 5.7L V-8, 4L60 and Posi-trac 3.73 rear axle.
Same truck i have with 345K miles on it lol
And nobody has made a bare-bones 1/2 ton with a manual transmission since the 1990's... the inline 6 engines Ford & Chevy made were indestructable and could actually pull a trailer!
We will never see a manual full-sized truck ever again. The market for them are very small. I agree about the straight 6 and were so easy to work on.
I got my 2023 Tacoma TRD OR for $38,000 in Jan 2024. Simple V6 and last year of 3rd Gen all the kinks worked out
Out standing Production hope the word gets out.👍👍👍👍👍
Years ago we were allowed to put new vehicle interest on our taxes but no more . We also years ago had only a 71/2 years for a savings bond to mature . The Government changed it to 14 years . The Government has been screwing us over . No. NAFTA . Who. Can afford 800 dollar a month Truck payment . Not to mention all the recalls . Insanity !
IF YOU cant afford it dont buy it!
Thank you for your videos. Happy New Year❤️❤️
Very interesting information Untamed. I don’t feel sorry for the dealerships at all. The car and truck manufacturers don’t listen to their customers. Give us reliable, quality vehicles at a reasonable price. It’s not that hard. Toyota had so much going for them. How do you screw that up ? Very disappointing
Truck prices are indeed absolutely outrageous! I've been screaming this for years. Greed will destroy this industry!
Soooo… should I keep my perfectly good running (and paid off) Toyota FJ Cruiser?
Shut up you’re just trying to brag
That intro about changing your shirt made me spit coffee at 6 am. I appreciate that lol
No offence but do you copy and paste every headline? This is a great informative spot on video.
No admission that Trump tariffs will raise prices on vehicles sold in the USA. No attribution at all
Bring back the work to usa shores and no tarrifs! Amazing right!?@SLHJR0390
@@SLHJR0390liberal tears 😭
Glad we have a youtuber that is being real and educational, not just jumping in a new TRD PRO or Trailhunter every month.
And there still doing market adjustments
Who keeps buying new vehicles that enable these outrageous prices?! My 2019 $50k loan is paid off in March and there’s NO WAY IN HELL I’m buying a new vehicle at these prices. I’m paying cash only with today’s pricing and keeping a fully paid off vehicle. The auto market needs a significant correction.
I would be a prime target for a new truck. My 2014 ram sport has 160k miles and is running great still. I bought a Honda civic 3m ago to save miles on the truck and have a small fun car for now. If I could of got a new v8 ram for 40k I would of done it.
I believe this covers that the over optimism of car dealers, rather than the market being down. Plenty of people buying trucks but the dealers are over there head with the expection of sales considering their inventory to price range correlation.
It’s a real shame, how can they go back?
I see just as many new trucks on the road today as I did in the past.
How will it be a big savings if they move production to Mexico? Mexico has 50% tariffs on us
This “truck crash” just proves my point that near 100% of non-fleet spec trucks are bought for vanity and as a masculine support vehicle.
Thanks for the info bud.
Much appreciated!
This dude has 125 videos with the words crash or shock or its over
They all do, nothings crashing..they will slow down production so the lots aren’t as full.. people will still buy that have well off jobs , the ones that don’t will be buying older used cars..I guarantee the next step is to produce model years every other year instead of yearly..
@toddprater14 sound like everyday life to me. Don't buy it today but buy it tomorrow lol
Subscribed! Well spoken and educational video. Using these types of videos to my advantage as i am sitting on sidelines waiting to buy a super duty truck. Unfortunately here in SoCal these dealers still think. They can get MSRP for a F250 with popular options.
i would NEVER buy a car that costs $100,000 with even ZERO percent interest. i mean this is not a lamborghini or a super car that can actually hold value because of very limited production runs. and these things depreciate worse than a single woman with cats who just hit the wall at age 30. yes even worse than that. you really feel the loss of value each year. example a new s-class is like $120,000. in about 5 years, these things are on sale for like $40,000. in about 10 years, like $15,000. i mean come on, talk about an awful purchase.
0 percent interest for 60 months? Thats unheard of and actually a good deal. So to understand, all of the car payments will go to principal and nothing towards interest?
Best deals right now are the GX460’s. You can get a lightly used one with low miles for 35-45K. Such an underrated platform.
What year .. is a good deal on a gx460 ?
shhhhh....sheesh. iykyk
Liked and subscribed brother. You have grew analysis
Absurd prices. Let it crash and reset.
Loved the show
Very informative and to the point
Thank you
Great video as always my man. The market has nowhere to go but CRASH. I got my new 2020 TRD Pro right when dealerships reopened after the pandemic. I wasn’t going to buy a truck at the time but my gut told me to get it. Looking back, 51K out the door, V8, great truck! The truck market is absolutely stupid at this point. :(
And hey, Merry Christmas to you and your family.
Yeah Canadian here, my nephew bought 2021 Tundra sport model, I have the 2011 4.6 at 225 km.. every new vehicle seems to have recall’s ? Poor quality across the board.. means higher prices ?? middle class got wiped out in every aspect of normal life.. financially.. car companies got told to go electric and it cost them so they push that loss onto the buyer.. Just fix and keep care of the vehicle you got.. Merry Christmas..
It’s crazy to think that manufacturers expect people to just fork over that kind of money. A close friend of mine works at an auto dealer and watched a guy roll over $40,000 and negative equity into another vehicle and if the vehicle loan is fulfilled without refinancing, the total cost will be $167,000 on a $70,000 vehicle insane
Bro. It's Christmas.
Prices never go down. Even when costs do. I'm not gonna hold my breath. I just know that I have been priced out of the market for a new vehicle.
Get rid of greedy dealerships and buy online with service departments available. Greedy American unions too! 4 door pickups with 4 bangers..huh? Government and the woke democrats caused most of this!
Sure. Those Dems even got to the Asian and European manufacturers. 😂 Polotics has nothing to do with it
Good information. Thanks, John.
90% of people that have one of the stupid vehicles don't even need them, at any price, let alone a $100k. let these guys fail & go out of business. vote with your wallet, by not spending.
As always, appreciate your insights.
Good. Greedy business need to eat it.
Outstanding video I really enjoy this channel over the years…🇺🇸⭐️🎄☮️💜✝️👍
There are still buyers out there that will jump on a sale once they get their monthly payment where they can handle it. That's what all salesman do. The problem for the buyer is. They will have to finance it out seven years and will be upside down in trade in value for close to half of that. A person is a fool in this market to buy new anything.
My first new vehicle was a '75 F100 for $3,300. Simple, easy to work on and reliable with no computer crap.