It might happen, it's not unprecedented. I got 30% off my 2016 F150 xlt, purchased on 12/31/16. I did have an A-plan discount though.They also gave me a crazy amount for my trade, a 2013 F150 xlt, coming in at only $500 less than the OTD price in March of 2014. I had a couple co-workers get 35% off higher trim levels, one an F150 and the other a Ram. Now of course the MSRPs are much higher. Mine was ~$46K, and the closest set of options I can spec today runs $10K more. You also have the issues of higher interest rates and worse overall quality now, adding some additional risk. Something has to give though, the inventory keeps piling up. Also, the number of available qualified buyers is now less than the number of vehicles available.
No. $50K is a house, not a car or truck. Granted, a $50K house ain't much to look at, but it's a roof over one's head. No car or truck is worth more than $20K...period. Bring the price down from the sky high prices that they think they can charge. Insurance companies are enabling these companies by insuring the vehicle. Refuse to cover more than the first $20K and you know what will happen? Car/truck manufacturers will magically start making vehicles under $20K. They can do it right now but continue to think people will pay more than that for a car/truck and so they won't and have record profits year after year.
When you buy a new truck for $70- $80,000 as soon as you drive it off the lot, you're dropping 30 to 40% equity. You're already in negative equity as soon as you buy it. + Plus none of these vehicles are made to last 30-40 years. Like the ones were made 30 years ago. They're made cheap!!
Most folks who call/think of themselves are not actually middle class they are in lower income class. $105k in most HCOL cities in CA is low income for a single person. For example If you are a family of 4 in San Francisco $150k is considered low income. The majority of people calling themselves middle class is hilarious when the majority of Americans make less than $75k a year individually. Real middle class folks can afford $70k cars no problem. The real middle class is somewhere between $200k - $500k a year.
Car prices are set by the BANKING industry, NOT the automobile industry. Prices WILL come down when people STOP buying at these prices. Without auto loans, banks will go under.. Its the number one financial product they offer and the most profitable.
This is all about greed....The Dealerships got greedy w/ their 'Market Adjustment BS' and Interest rates are way too high, again greedy lending agencies . Now , the people who are in a position to buy, aren't.
It was people who paid for markups and overpriced that will get screwed when the prices drop. Hopefully, these same people will not do it again. Then there's the other group that won't pay. In time, I'm hoping to see the market adjust because no grop of consumers will not keep supporting this 💩
They engineer vehicles with parts that fail and placed where you can't easily replace. The cab of their trucks have to be removed to work on the engine. Even on big trucks have access to the engine by tilting the cab. Don't know why so many plastic parts
I have 1st hand experience with what you said. I'll try and make this a brief as I can, really long story... I bought my Ford SVT Cobra to a mechanic at the Ford dealership. They let the good mechanics use all the equipment and bays to do side jobs. This dealership did this to keep the really good mechanics to do really hard jobs right. One day I pulled up outside Roy's bay. I walked up to the front of the car he was working on, and he was putting a plastic part he pulled out of an engine ( the engine was basically taken apart) into a box to ship. I said Roy, why are you boxing that part? He said, Ford used to make this part out of metal, and it never failed. Now they make it out of plastic to fail at about 120k miles. Every time I have to replace this part, I have to send it to Corporate Engineers for them to investigate it. Here is what he said that opened my mind to how they build vehicles. Roy said: " If Ford wanted to make a million mile motor it would be easy." "They purposely build engines to fail, so they can sell, new vehicles, replacement parts, and labor". " The parts, and dealership labor, makes more money for Ford than selling new vehicles".
How do you lower prices when the cost of goods has gone up so much? Pizza costs more today than it did 4 years ago. Do you rant to your local pizza shop owner about the price of pizza?
@@TheTruthHurts732 how do you lower prices when the cost of goods has gone up so much? You stop buying their products. They either lower prices or they go out of business.
I bought Fords all my life. The last one had the tranny go after only 140k! Now a front wheel bearing needs to be replaced, and it needs the emission control valve replaced? Seriously? They engineered these crappy vehicles to break down more often because they can make more money on service and repair. Doing so after increasing their prices by 40% in the last three years! And you wonder why people are no longer buying? Shame on you Ford! I will never by a Ford again.
@@rshank6251My F-150 has 300,000 miles and I have never done anything except keep the oil changed. It’s absolutely been the best vehicle I’ve ever owned! I will most definitely buy another one when this one gives up the ghost!
I bought a Mazda 3 hatchback. It does NOT have the infamous CVT transmission. Its the most comfortable small car ive ever owned. I love how it rides also and I'm averaging 33 mpg. It was the best value out of all the Japanese car makers.
Do the recommended maintenance by the book. I'm saying EVERYTHING. Make it last. Mazda isn't known for having many older model, high mileage vehicles, meaning there are no high mileage late model Mazdas on the road. I think it's because people just don't take care of them. Mazda isn't known to be as durable as Honda or Toyota in the small car market, i.e., Corrola and Civic, where 250-300k is nothing. Poorly maintained Mazdas don't last very long. You should definitely get good reliability if you follow ALL the recommended maintenance. I hope it last you for a really long time!
There are conflicting reports out there about auto sales, from my personal viewing of my local dealers, they look like the Ford dealer your filming at! Lots of inventory! Great video thanks!
I am so confused watching numerous UA-cam video's each day. On one hand, we're told the major automotive manufacturers can't sell their vehicles and are crashing. On the other hand, others are saying that automobile manufacturers, at least Ford and GM, are having record profits. So which is it? Is it doom and gloom for these manufacturers or are they killing it with record profits?
The highest earners exceed 90k a year. And that's only 10% of the population at best. They are asking over a years worth of income to the average earner. They are marketing for less than 10 percent of the population. On top of that, they are in competition with everyone that does the same thing. So good luck with that. Excluding 90% of the market.
I was an avid dodge/ram owner since 1985…switched to ford in 2019 and love my f150; but its paid for and the prices nowadays I won’t be replacing it with any brand
In the last two decades, I've owned trucks exclusively. It's a really bad move financially to finance a $50k+ vehicle and used truck prices are still really ridiculous. Not to mention fuel, tires, and routine maintenance. I'm going to be in the market for a "new" vehicle this Spring and I'm leaning toward a Camry or Accord. Not only are the prices ridiculous for new trucks/suv's but the big three make nothing but junk these days.
*My friend's SUV FORD Engine died at 100,000. miles. My Chev cavalier engine died at $126,000. miles. My Jeep Grand Cherokee, too many problems to list but I loved it, but I hated the cost of gas, horrible gas mileage and any Chrysler vehicle, the fuel pump dies at 128,000. miles. Same with the our Chrysler van and my friend's Jeep Grand Cherokee. My Buick van junked at $138,000. miles. The 2016 Honda CRV frequently in the shop since I bought six years ago and the seats suck! The space sucks. Nissan is bad! Crossovers don't have 10 point seats, sit to low, and not enough space like a Jeep Cherokee. So what the heck options are there?! None.*
@@moorefaith23 you do know there are other states besides the ones on the coasts. You go about 30 to 45 minutes from a city and the home prices are much better.
I don't understand the manufacturers' approach. They're making overpriced vehicles the majority of the population cannot afford due to income and credit, yet they're complaining that people aren't buying them. And they keep making more of them. What kind of business model is that?
There's a huge disconnect between the ceo and executive level lifestyle and the rest of us working class people. They think we are all millionaires like them.
farley liked what he saw when he went on his field trip to china to see how they build cars. the chineseification of ford has begun. it doesn't matter though because the enshitification of ford started when he took the helm.
I ain't buying any cheaply made overpriced junk from any manufacturer! Haven't stepped foot on a dealer lot since 2002 when I bought my very last new and never will step on one again. Still have that 02 and its still great.
*I don't know what to buy anymore, There's hardly NO SUVs to buy anymore. I can't stand the Crossovers and I need a 10 point seat for my lumbar and SI Joints. The Ford motors go out after 100,000. miles.*
Always go to the dealership the LAST DAY of the month. There's always some salesman that is getting nervous because he hasn't met his quota and will do whatever he has to in order to make a deal.
Farley and all the executives enjoyed those short term profits. Big Bonuses. Raising the price of a F150 lariat by almost 50 percent in 4 years is going to restrict those repeat buyers. But hey Farley and crew got those huge bonuses so that's all that matters.
I submit to to you after I have researched this many years. The government bailed out the housing, banking, airlines, and automobile industries. I submit to you that they now have full control of these dealerships and the dealerships can't afford to sell these at top prices because the government is propping them up. And the government is intentionally trying to cause collapse. They are doing it with all industries. Collapse then take complete control. I do not say this without thorough research unfortunately
I mark up my new used vehicles purchases up100-200 dollars depending on the time of year and if there is room in them. Then take that extra money and mark down my other 10 ten oldest used vehicles in inventory. To help move them. To be more in line with the used market. To try to move them before taking to auction and losing money
Carlos Tavaras ceo of Stelantis (chrysler/dodge/jeep/ram) impressed you so much and earned your business? That company is barely hanging on. Most major car manufacturers dropped quality the last four years. Pricing changed with all of them due to inflation. No one was immune from labor strikes and price hikes.
Speaking of Mazda, we bought a Mazda 3 hatchback last year. $27k, price is comparable to corolla hatchback (which we also looked at). Mazda has kicked up their quality; the Mazda came with more bells & whistles than the corolla; Mazda has the automatic trans (not CVT, which the corolla has); and it's made in Japan! Plus, we'd have to wait for a corolla; Toyota was only allocating a few at a time to area dealerships and they sold the minute they arrived at the dealerships. Glad to have gone with the Mazda!!
When you continue to jack up prices for features, bells and whistles, irreparable unreliable sparkling grill rolling infotainment centers you eventually run out of people willing to throw their hard earned money at these bad investments. 🤫
I’ve owned my 2011XLT F150 with the 5.0 coyote and 4x4 since 2012 and decided to keep it until the wheels fall off. Liked it so much I got a 2018. Piece of junk. Sold it back. Still driving the 11’ daily
They need to start making vehicles without all those bells and whistles, some of us just want a truck that's a truck, and not full of a bunch of electronics that are going to just cause problems, let's go back to basics, and make affordable reliable vehicles. Keep it simple.
Hows that kool-aid tasting! Have you been listening? If so you’re not hearing, about the recalls, the interest rates, the lost reliability, the pricing. Let’s see what you think a year from now. Opps! I think you’ll still be drinkin that kool-aid.🥴
Yup. Bought an expedition. Spent 4x more on repairs the first year off warranty then I have on my Ram in over 12 years. Traded it in and won’t be back to Ford.
They won’t do it. They abandoned sedans to Honda and Toyota 15 years ago. They want to sell large pick ups and everything else like suburbans that go on the same frame.
Volume, volume, volume. I would rather move a tons of vehicles at a less profit. Than sell a few at I high. Profit in the long run you make more with moving. volume. Plus if you don’t gouge or take a vantage of a customer they will return over and over. Also recommend you to a lot of others. Sell a customer once or over a life time.
If you listen to the videos he explains it. Ford and Chevy sell the trucks too dealerships. The dealerships are stuck holding the bag with 10s of thousands of trucks/ cars they can't sell. Now the dealerships don't want any more new trucks to sell. The numbers will hurt Ford and Chevy next year. When the Dealerships don't buy any more.
Big wigs went off and left the blue collar worker behind with their ridiculous prices, my daughter has 3 children and would love to have 3rd row but as you showed 56k and up so we took her 2013 van and went and overhauled the engine in hopes to get a few more years 20 yrs ago I would have never put that much money in an old vehicle but today makes perfectly good since, I hope them well but I think it’s going to be rocky future for a while for these big dealerships and they done it to themselves so not much pity I’m afraid for them.
The biggest problem... is that even now... most people do not make over $45k a year. There is no universe that someone is going to buy a vehicle that is worth more then twice their annual income.
I swear they never learn. Late 70s big gas guzsuler when everyone was going to small fuel efficient car. Fast forward to now, it is expensive loaded to the hilt high margin that no one has the money to buy.
My local Ford dealer found out that I was looking for three new SUV's for my business (I rotate 1/5th of my vehicles every year to keep my vehicles in warranty, and looking professional, currently I have Expeditions) He called me and a started the sales pitch, and I simply told him that our 16 years of doing business together looked like it was coming to an end. His price (out the door) for five Expedition Platinum was $380,000, where I have a price on five Highlander Limited for $250,000. Both seating 8 (where I only need 4, but I want that third row to fold down for storage, and luggage) Yep, $130,000 difference (that's $26,000 per vehicle difference), plus the Highlanders have the first two year's scheduled maintenance included. Even if I opted to go down to the Explorer (which has the 3rd row, and easily seats the four with less storage, and luggage space), they were still $280,000 for five. Still $30,000 more for a lesser vehicle. Ford does have a problem, I have been buying Fords EXCLUSIVELY for more than 25 years, and they are pricing themselves out of business. (At least with me), Plus my local Toyota dealer agreed to include, in the contract, that he would pickup, and deliver, my vehicles for service, and repairs, AND clean them inside and out at EVERY service, and/or repair. They are loaning me a used 2023 for some of my staff to take on a business trip so they can give their opinions of the possibility of us switching brands. Ford has the attitude, "Buy it or don't, we don't care"
I just have ONE question if I may ask....what happened to the " COLOR " of the cars? white, gray, black....oh one red, one blue, one green ...on the whole lot.
On 01.31.2024 I bought a 23 CX5 Turbo for 31k OTD. Not the color I wanted, but it was $7k cheaper than market standard. Great car. Paying it off next month. Monthly payment is $442. My coworker bought a $50k Honda SUV, her payment is $783 🤣 and it's not even as nice.
Most of their sales are fleet sales which are slowing down as companies are almost done replacing vehicles. They also can show all those cars at the dealer as "sales" because they are sales for the manufacturer. But dealers are mostly full to overflowing with inventory and will have to refuse new allocations soon, some already have. The overflowing lots don't lie.
At around $850 - $1,100/month truck payments, I don't think I can go thru my debt-free life without having a noose hanging from my cargo pant pocket! Thanks, but no thanks.
Because everyone is purchasing Mavericks. I am not purchasing full size trucks because of fuel and over priced cost. I think even the Mav was overpriced but more cost effective than a full size. Also, a lot Ford Dealerships are snobby trolls greedy for upcharging with useless crap that deserve a backhand. Out of 5 Ford Dealerships I have been to and about to give up, I found one out in the country that has impeccable customer service, shocked me, and purchased my first Ford (Mav) ever.
Went to Ford to drive a new Bronco. 70,000 dollars. I kept thinking to myself that I’d be a fool to buy even though I could write a check. Drove off the lot in my 2014 Toyota FJ and I’m never going back.
Looked online for a diesel f250. With all the discounts and 10 grand down, payments for 60 months over 1500.00. Who can afford these things. Absolutely insane. Why can’t these manufacturers see this.
I’ve drove Superduty’s since 1999. I’ve owned 13 of them. All powerstrokes. Used to trade in one every couple years. Bought my last new one in 2019. I’m done buying new ones. The two I have will last till I retire.
Bought a f150 xlt 4.6 v8 six yrs ago and it is show room condition and drives awesome. It's a 2010 and paid cash fot it and will Never buy a new one. Dont need a mortgage on wheels
excess stock sitting aroud is going to incur a heavy cost for most every dealer in that situation, can't see how they will keep up the floor plans long term not selling the overpriced stock that few people are willing to buy
Why do the dealers keep ordering all of these trucks? They don't just magically show up. Every one was ordered and paid for by the dealer. The floor plan payments on dead stock must be killing them.
Not many of us working class American's left who can afford a new pickup these days.
Still waiting for that 35 %discount thats never going to happen.
I’m waiting for a 40% markdown and a 25-year-old Shania Twain.
Click bait
With 0% financing
It’s a sale, not an actual drop in MSRP.
This guy is a joke. Absolutely.😂😂😂😂😂😂
It might happen, it's not unprecedented. I got 30% off my 2016 F150 xlt, purchased on 12/31/16. I did have an A-plan discount though.They also gave me a crazy amount for my trade, a 2013 F150 xlt, coming in at only $500 less than the OTD price in March of 2014. I had a couple co-workers get 35% off higher trim levels, one an F150 and the other a Ram.
Now of course the MSRPs are much higher. Mine was ~$46K, and the closest set of options I can spec today runs $10K more. You also have the issues of higher interest rates and worse overall quality now, adding some additional risk.
Something has to give though, the inventory keeps piling up. Also, the number of available qualified buyers is now less than the number of vehicles available.
40 to $50,000 max for a loaded truck and they will fly out the door. 70 to $100,000 no way.
yea I'd be hard pressed to pay 40K for a truck.
@@pbshooter100seriously.
30k tops
No. $50K is a house, not a car or truck. Granted, a $50K house ain't much to look at, but it's a roof over one's head. No car or truck is worth more than $20K...period. Bring the price down from the sky high prices that they think they can charge. Insurance companies are enabling these companies by insuring the vehicle. Refuse to cover more than the first $20K and you know what will happen? Car/truck manufacturers will magically start making vehicles under $20K. They can do it right now but continue to think people will pay more than that for a car/truck and so they won't and have record profits year after year.
@@privacyvalued4134 $50K house doesn't exist. You might get a trailer or a condo for that, but even trailers and condos generally cost more than $50K.
@@privacyvalued4134where are you gonna find a 50k house ? You can’t even get a tiny home for that much 🤣
Market adjustment time. No sale at any price
Who among us common folk has six figures to drop on a new truck?
More than you think. I just bought a f350 and I stood out because I had to finance it. Tried to order one but it’s a long wait.
When you buy a new truck for $70- $80,000 as soon as you drive it off the lot, you're dropping 30 to 40% equity. You're already in negative equity as soon as you buy it. + Plus none of these vehicles are made to last 30-40 years. Like the ones were made 30 years ago. They're made cheap!!
Ford canceled themselves.
Chevy and Dodge did years ago!
Still way overvalued
Correct english, please. It's ridiculously "over-priced", not "over-valued".
Tell your customers when they order their burgers and fries.@@contrarian604
They can all rot away.
Once again, dealers need to stop these stupid markups and add-ons.
Poor folks can't afford $70,000+ for a pickup. Middle class folks really can't, and Rich folks are not going to buy Ford...
Most folks who call/think of themselves are not actually middle class they are in lower income class. $105k in most HCOL cities in CA is low income for a single person. For example If you are a family of 4 in San Francisco $150k is considered low income. The majority of people calling themselves middle class is hilarious when the majority of Americans make less than $75k a year individually. Real middle class folks can afford $70k cars no problem. The real middle class is somewhere between $200k - $500k a year.
Facts 🤣🤣🤣
@@Nick-rc2lr middle class is 200-500K. lol you must be smoking some good stuff.
A few years ago, the number one vehicle driven by millionaire was an f150
I might consider 45% off of sticker and zero add-ons. Otherwise, they can wash them again tomorrow!
Greed coming back to bite these dealers.
We can only hope so
Most definitely, and that is all makers. Probably why EVs are tanking and Mavs are selling like hot cakes.
Car prices are set by the BANKING industry, NOT the automobile industry. Prices WILL come down when people STOP buying at these prices. Without auto loans, banks will go under.. Its the number one financial product they offer and the most profitable.
60,000 dollar truck, plus taxes, plus financing, plus fuel, you're driving a 200,000 dollar truck.
In a 50 percent tax state, you need to make 400000 to pay for a 200000 truck. We are all screwed
I hate dealerships
This is all about greed....The Dealerships got greedy w/ their 'Market Adjustment BS' and Interest rates are way too high, again greedy lending agencies .
Now , the people who are in a position to buy, aren't.
Nobody is going to purchase anything after the price gouging!
It was people who paid for markups and overpriced that will get screwed when the prices drop. Hopefully, these same people will not do it again. Then there's the other group that won't pay. In time, I'm hoping to see the market adjust because no grop of consumers will not keep supporting this 💩
@@justsayin3600 people that paid markups are always screwed; it's the reason why we're seeing so many repo's.
They engineer vehicles with parts that fail and placed where you can't easily replace. The cab of their trucks have to be removed to work on the engine. Even on big trucks have access to the engine by tilting the cab. Don't know why so many plastic parts
Wet belt driving the oil pumps on the trucks…..
I have 1st hand experience with what you said.
I'll try and make this a brief as I can, really long story...
I bought my Ford SVT Cobra to a mechanic at the Ford dealership. They let the good mechanics use all the equipment and bays to do side jobs. This dealership did this to keep the really good mechanics to do really hard jobs right.
One day I pulled up outside Roy's bay. I walked up to the front of the car he was working on, and he was putting a plastic part he pulled out of an engine ( the engine was basically taken apart) into a box to ship.
I said Roy, why are you boxing that part?
He said, Ford used to make this part out of metal, and it never failed. Now they make it out of plastic to fail at about 120k miles. Every time I have to replace this part, I have to send it to Corporate Engineers for them to investigate it.
Here is what he said that opened my mind to how they build vehicles. Roy said:
" If Ford wanted to make a million mile motor it would be easy." "They purposely build engines to fail, so they can sell, new vehicles, replacement parts, and labor". " The parts, and dealership labor, makes more money for Ford than selling new vehicles".
They are so over priced it’s just ridiculous and they don’t want to lower their prices at least it’s like that around here
patience young grasshopper
How do you lower prices when the cost of goods has gone up so much? Pizza costs more today than it did 4 years ago. Do you rant to your local pizza shop owner about the price of pizza?
@@TheTruthHurts732 how do you lower prices when the cost of goods has gone up so much?
You stop buying their products. They either lower prices or they go out of business.
Ford has truly lost their mind plot. Even the Mustangs are high as hell! They think they are some exclusive luxurious brand. Out of their mind
It’s the consumers fault for buying these trucks at the prices. Why wouldn’t they sell them when suckers are buying it?
I bought Fords all my life. The last one had the tranny go after only 140k! Now a front wheel bearing needs to be replaced, and it needs the emission control valve replaced? Seriously? They engineered these crappy vehicles to break down more often because they can make more money on service and repair. Doing so after increasing their prices by 40% in the last three years! And you wonder why people are no longer buying? Shame on you Ford! I will never by a Ford again.
Then go get one of the rust buckets! My F150 has over 473,000 mikes on it! Learn maintenance!
Lesrned helplessness
@@rshank6251My F-150 has 300,000 miles and I have never done anything except keep the oil changed. It’s absolutely been the best vehicle I’ve ever owned! I will most definitely buy another one when this one gives up the ghost!
"Only 140K"? Thats a lot of miles on a transmission, nothing lasts forever. Buy that extended warranty.
I have an identical story, swap out ford and type in chevy. Toyota is crap now. All crap. Lol.
I bought a Mazda 3 hatchback. It does NOT have the infamous CVT transmission. Its the most comfortable small car ive ever owned. I love how it rides also and I'm averaging 33 mpg. It was the best value out of all the Japanese car makers.
I bought a new cx5 turbo and sold my 2013 hatch to a buddy. Don't regret the new car, but it ain't my hatch. That car was built for me.
Mazda and Nissan would kill it if not for the dreaded CVT. Blows my mind they rely on it.
Cx30 few months ago.
Do the recommended maintenance by the book. I'm saying EVERYTHING. Make it last. Mazda isn't known for having many older model, high mileage vehicles, meaning there are no high mileage late model Mazdas on the road. I think it's because people just don't take care of them. Mazda isn't known to be as durable as Honda or Toyota in the small car market, i.e., Corrola and Civic, where 250-300k is nothing. Poorly maintained Mazdas don't last very long.
You should definitely get good reliability if you follow ALL the recommended maintenance.
I hope it last you for a really long time!
@justsayin3600 what if the book says only change the oil every 30k miles? I'd rather go by the logic and do it every 3k miles.
I'm having a hard time feeling sorry for the dealers.
Had a f150, engine went out at 130,000 miles. No more junk Ford engineering for me.
There are conflicting reports out there about auto sales, from my personal viewing of my local dealers, they look like the Ford dealer your filming at! Lots of inventory! Great video thanks!
I am so confused watching numerous UA-cam video's each day. On one hand, we're told the major automotive manufacturers can't sell their vehicles and are crashing. On the other hand, others are saying that automobile manufacturers, at least Ford and GM, are having record profits. So which is it? Is it doom and gloom for these manufacturers or are they killing it with record profits?
Three sides to a story-one side, the other side, and the truth.
Clickbait.
Commercial fleet sales inflating their numbers.
I've had a theory for a long time that these videos are actually designed to motivate ppl to keep buying.
@@The_Food_Policeso people saying car prices are going to crash is making people buy them. Lmao great joke
The highest earners exceed 90k a year. And that's only 10% of the population at best. They are asking over a years worth of income to the average earner. They are marketing for less than 10 percent of the population. On top of that, they are in competition with everyone that does the same thing. So good luck with that. Excluding 90% of the market.
Isn't that what they're doing with all marketing? Ads full of gays and trans for at best 10% of the population.
I was an avid dodge/ram owner since 1985…switched to ford in 2019 and love my f150; but its paid for and the prices nowadays I won’t be replacing it with any brand
Agree. Mine is a 2017
In the last two decades, I've owned trucks exclusively. It's a really bad move financially to finance a $50k+ vehicle and used truck prices are still really ridiculous. Not to mention fuel, tires, and routine maintenance.
I'm going to be in the market for a "new" vehicle this Spring and I'm leaning toward a Camry or Accord.
Not only are the prices ridiculous for new trucks/suv's but the big three make nothing but junk these days.
Don't buy the Toyota V-6 turbo either. Nothing but trouble.
No matter how they park, they still won't be room for them all to sit there and rot.
*My friend's SUV FORD Engine died at 100,000. miles. My Chev cavalier engine died at $126,000. miles. My Jeep Grand Cherokee, too many problems to list but I loved it, but I hated the cost of gas, horrible gas mileage and any Chrysler vehicle, the fuel pump dies at 128,000. miles. Same with the our Chrysler van and my friend's Jeep Grand Cherokee. My Buick van junked at $138,000. miles. The 2016 Honda CRV frequently in the shop since I bought six years ago and the seats suck! The space sucks. Nissan is bad! Crossovers don't have 10 point seats, sit to low, and not enough space like a Jeep Cherokee. So what the heck options are there?! None.*
You can buy a house for what truck prices are
I always wonder where people live when they make that comment.
@@RDSZSmall towns are a wonderful thing.
@RDSZ exactly. No they can't, unless it's BFE with no industry
@@moorefaith23 you do know there are other states besides the ones on the coasts. You go about 30 to 45 minutes from a city and the home prices are much better.
Where are houses at the price of new truck?
I don't understand the manufacturers' approach. They're making overpriced vehicles the majority of the population cannot afford due to income and credit, yet they're complaining that people aren't buying them. And they keep making more of them. What kind of business model is that?
There's a huge disconnect between the ceo and executive level lifestyle and the rest of us working class people. They think we are all millionaires like them.
Enjoyed this thx. I’ll take my Dad’s 1972 F100 over today’s pickup any day. Basic durable affordable. Bring that back.
where is that junk truck today? 1962 owners said 1972 was junk
right now, ford couldnt reproduce a 1960 falcon without 25 recalls.jim farley MUST be removed.
farley liked what he saw when he went on his field trip to china to see how they build cars. the chineseification of ford has begun. it doesn't matter though because the enshitification of ford started when he took the helm.
I owned a 60 falcon on its last legs, had grest fun with it in 1972
I am still in therapy after owning 3 fords, never again pieces of 💩
You forgot that it is also a quality problem.
I ain't buying any cheaply made overpriced junk from any manufacturer! Haven't stepped foot on a dealer lot since 2002 when I bought my very last new and never will step on one again. Still have that 02 and its still great.
*I don't know what to buy anymore, There's hardly NO SUVs to buy anymore. I can't stand the Crossovers and I need a 10 point seat for my lumbar and SI Joints. The Ford motors go out after 100,000. miles.*
Always go to the dealership the LAST DAY of the month. There's always some salesman that is getting nervous because he hasn't met his quota and will do whatever he has to in order to make a deal.
Farley and all the executives enjoyed those short term profits. Big Bonuses. Raising the price of a F150 lariat by almost 50 percent in 4 years is going to restrict those repeat buyers. But hey Farley and crew got those huge bonuses so that's all that matters.
I submit to to you after I have researched this many years. The government bailed out the housing, banking, airlines, and automobile industries. I submit to you that they now have full control of these dealerships and the dealerships can't afford to sell these at top prices because the government is propping them up. And the government is intentionally trying to cause collapse. They are doing it with all industries. Collapse then take complete control. I do not say this without thorough research unfortunately
I mark up my new used vehicles purchases up100-200 dollars depending on the time of year and if there is room in them. Then take that extra money and mark down my other 10 ten oldest used vehicles in inventory. To help move them. To be more in line with the used market. To try to move them before taking to auction and losing money
I will continue to repair my 2016 F150 until I see some sanity in the market.
I keep fixing my 1998 Dakota
Oh crap, I'm the first. Ford, through the management of Jim Farley, made me a first time Ram 1500 owner in 2022.
Yep us too in 2020.
Same, 2021
I’m seriously considering it. Owned 4 f-150’s and they have priced me out the last 3 years. May go Toyota but not sure.
Carlos Tavaras ceo of Stelantis (chrysler/dodge/jeep/ram) impressed you so much and earned your business? That company is barely hanging on. Most major car manufacturers dropped quality the last four years. Pricing changed with all of them due to inflation. No one was immune from labor strikes and price hikes.
Whole family has been ford my whole life, I have a 2010 F150 lariat I think I’m gonna get a ram
Speaking of Mazda, we bought a Mazda 3 hatchback last year. $27k, price is comparable to corolla hatchback (which we also looked at). Mazda has kicked up their quality; the Mazda came with more bells & whistles than the corolla; Mazda has the automatic trans (not CVT, which the corolla has); and it's made in Japan! Plus, we'd have to wait for a corolla; Toyota was only allocating a few at a time to area dealerships and they sold the minute they arrived at the dealerships. Glad to have gone with the Mazda!!
When you continue to jack up prices for features, bells and whistles, irreparable unreliable sparkling grill rolling infotainment centers you eventually run out of people willing to throw their hard earned money at these bad investments. 🤫
Good looking truck. Too bad its made for millionaires 😂😂😂😂😂
Stop being poor.
Exactly, nobody’s paying for that CRAP 💯
I’ve owned my 2011XLT F150 with the 5.0 coyote and 4x4 since 2012 and decided to keep it until the wheels fall off. Liked it so much I got a 2018. Piece of junk. Sold it back. Still driving the 11’ daily
They just kept adding too many stupid things that were unnecessary to one up each other and know they screwed themselves.
In 2005 the last Ford r 150 I bought did not go 60k miles .. that's the last one
They need to start making vehicles without all those bells and whistles, some of us just want a truck that's a truck, and not full of a bunch of electronics that are going to just cause problems, let's go back to basics, and make affordable reliable vehicles. Keep it simple.
Who can afford one.
Not just over priced, but way over optioned. The lower optioned new vehicles just don't exist.
I joke that every ford truck you see is a Raptor or a Tremor.
When everything goes up but people's paychecks don't. Sales of everything will drop.
not Booze
What I find absolutely absurd is that the use truck market is trying to normalize paying 30k+ for a half ton pickup with 100k plus miles.
I think it's funny that a lot of new car dealership still think it's 2 years ago. No one comes out to greet you.
I hate it when they come out and greet me actually. I much prefer to be left alone.
I bought a 99 ranger back in 2005 for $5k. It had 76k miles on it and I still feel like I overpaid by $5k
I just looked it up - FORD is the top selling truck in the USA - 48 years in a row.
@SuspenseESCAPEremastered They sell a ton in fleet sales.
If you count GM sales like Ford, GM kill Ford by 130k sales for 24 and have for years. Ford misleads the masses with marketing BS.
Hows that kool-aid tasting! Have you been listening? If so you’re not hearing, about the recalls, the interest rates, the lost reliability, the pricing. Let’s see what you think a year from now. Opps! I think you’ll still be drinkin that kool-aid.🥴
@@SkoolieB Yep, just like the voters that keep voting Democrat. They just keep drinking the Kool aid.
Yup. Bought an expedition. Spent 4x more on repairs the first year off warranty then I have on my Ram in over 12 years. Traded it in and won’t be back to Ford.
They need to strip out unreliable gadgets that don't help getting there and are unreliable.
More expensive vehicles with way less quality control. I'll wait.
Love my Ford Taurus SHO. Ford needs to start sedans again.
They won’t do it. They abandoned sedans to Honda and Toyota 15 years ago. They want to sell large pick ups and everything else like suburbans that go on the same frame.
The auto industry has gone astray and it is compounded by the EPA . They build what the people need or they can pound sand
2024 Ford F-150 Platinum $39,900. Manufacturing recovery plan.
I've been on the use lot and there still pricing like new! It's ridiculous!🤨
Se FL here, used f150s with 150k miles and the dealers are asking $40k !
Volume, volume, volume. I would rather move a tons of vehicles at a less profit. Than sell a few at I high. Profit in the long run you make more with moving. volume. Plus if you don’t gouge or take a vantage of a customer they will return over and over. Also recommend you to a lot of others. Sell a customer once or over a life time.
Ford and Chevy reported sales up in 2024, but every day, there's a new video of ITs OVER
If you listen to the videos he explains it. Ford and Chevy sell the trucks too dealerships. The dealerships are stuck holding the bag with 10s of thousands of trucks/ cars they can't sell. Now the dealerships don't want any more new trucks to sell. The numbers will hurt Ford and Chevy next year. When the Dealerships don't buy any more.
Yeah but the dealerships created the problem by doing all the add-ons so nobody sold the trucks
I’m Still struggling to find lower prices that are never going to happen
Last year I saw a corvette for sale on line with a 100k market adjustment. I knew the end was here.
The good news is mice have comfortable homes now
Great video! B-dog. I raced to the bottom hold, no debt. The future looks bright 🇺🇸
At least they are not Stellantis or Nissan.
Big wigs went off and left the blue collar worker behind with their ridiculous prices, my daughter has 3 children and would love to have 3rd row but as you showed 56k and up so we took her 2013 van and went and overhauled the engine in hopes to get a few more years 20 yrs ago I would have never put that much money in an old vehicle but today makes perfectly good since, I hope them well but I think it’s going to be rocky future for a while for these big dealerships and they done it to themselves so not much pity I’m afraid for them.
The biggest problem... is that even now... most people do not make over $45k a year. There is no universe that someone is going to buy a vehicle that is worth more then twice their annual income.
I swear they never learn. Late 70s big gas guzsuler when everyone was going to small fuel efficient car. Fast forward to now, it is expensive loaded to the hilt high margin that no one has the money to buy.
Dealers would rather hold out and lose $3k than break even. Such moronic behavior.
I remember 20yrs ago when expeditions, explorers, sequoias were everywhere. Now you rarely see them and I’m in Southern California.
My local Ford dealer found out that I was looking for three new SUV's for my business (I rotate 1/5th of my vehicles every year to keep my vehicles in warranty, and looking professional, currently I have Expeditions) He called me and a started the sales pitch, and I simply told him that our 16 years of doing business together looked like it was coming to an end. His price (out the door) for five Expedition Platinum was $380,000, where I have a price on five Highlander Limited for $250,000. Both seating 8 (where I only need 4, but I want that third row to fold down for storage, and luggage) Yep, $130,000 difference (that's $26,000 per vehicle difference), plus the Highlanders have the first two year's scheduled maintenance included. Even if I opted to go down to the Explorer (which has the 3rd row, and easily seats the four with less storage, and luggage space), they were still $280,000 for five. Still $30,000 more for a lesser vehicle. Ford does have a problem, I have been buying Fords EXCLUSIVELY for more than 25 years, and they are pricing themselves out of business. (At least with me), Plus my local Toyota dealer agreed to include, in the contract, that he would pickup, and deliver, my vehicles for service, and repairs, AND clean them inside and out at EVERY service, and/or repair. They are loaning me a used 2023 for some of my staff to take on a business trip so they can give their opinions of the possibility of us switching brands. Ford has the attitude, "Buy it or don't, we don't care"
Once I see the it's done title I stop what I'm doing and watch your video. Looking forward to the next it's over video.
I just have ONE question if I may ask....what happened to the " COLOR " of the cars? white, gray, black....oh one red, one blue, one green ...on the whole lot.
12:50 "February is 3 months away from us", do you want to say you film this video back in november and only in 01.12.25 uploaded it?
Lol what a hack. Total click bait garbage
On 01.31.2024 I bought a 23 CX5 Turbo for 31k OTD. Not the color I wanted, but it was $7k cheaper than market standard. Great car. Paying it off next month. Monthly payment is $442. My coworker bought a $50k Honda SUV, her payment is $783 🤣 and it's not even as nice.
The F150 was up 2% from 2023 and 21% in Q4 of 24. Math aint mathin, somebody is buying.
the nearest Ford dealer by me has 141 New F-150s on the lot and available ...
Most of their sales are fleet sales which are slowing down as companies are almost done replacing vehicles. They also can show all those cars at the dealer as "sales" because they are sales for the manufacturer. But dealers are mostly full to overflowing with inventory and will have to refuse new allocations soon, some already have. The overflowing lots don't lie.
At around $850 - $1,100/month truck payments, I don't think I can go thru my debt-free life without having a noose hanging from my cargo pant pocket! Thanks, but no thanks.
Those special editions F150 and custom units are costing the dealership dearly each month they sit...sit...and sit.
Because everyone is purchasing Mavericks. I am not purchasing full size trucks because of fuel and over priced cost. I think even the Mav was overpriced but more cost effective than a full size. Also, a lot Ford Dealerships are snobby trolls greedy for upcharging with useless crap that deserve a backhand. Out of 5 Ford Dealerships I have been to and about to give up, I found one out in the country that has impeccable customer service, shocked me, and purchased my first Ford (Mav) ever.
Went to Ford to drive a new Bronco. 70,000 dollars. I kept thinking to myself that I’d be a fool to buy even though I could write a check. Drove off the lot in my 2014 Toyota FJ and I’m never going back.
Looked online for a diesel f250. With all the discounts and 10 grand down, payments for 60 months over 1500.00. Who can afford these things. Absolutely insane. Why can’t these manufacturers see this.
I love your content!!!❤❤ thanks for telling the truth!!!
How could they not make money when they have added $25,000 to MSRP sounds like bs to me
You got that right. I will never ever ever ever buy a ford again, especially if it’s a ecoboost.
If they can be free with added dealer mark up in the pandemic time they can certainly reduce the price by least that much if not more
I’ve drove Superduty’s since 1999. I’ve owned 13 of them. All powerstrokes. Used to trade in one every couple years. Bought my last new one in 2019. I’m done buying new ones. The two I have will last till I retire.
this channel should be 500 k subscribers ... this guy rocks ... !
The Honda dealer near me in Florida has over 30 accords and 28 civics, that’s just the two that I looked at on their website.
Bought a f150 xlt 4.6 v8 six yrs ago and it is show room condition and drives awesome. It's a 2010 and paid cash fot it and will Never buy a new one. Dont need a mortgage on wheels
excess stock sitting aroud is going to incur a heavy cost for most every dealer in that situation, can't see how they will keep up the floor plans long term not selling the overpriced stock that few people are willing to buy
Why do the dealers keep ordering all of these trucks? They don't just magically show up. Every one was ordered and paid for by the dealer. The floor plan payments on dead stock must be killing them.