Exposing the Worst Vehicle Markups in Los Angeles

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  • Опубліковано 21 жов 2024

КОМЕНТАРІ • 772

  • @kevinhoward3685
    @kevinhoward3685 2 роки тому +669

    The worst part is people keep buying these cars so dealerships will continue ridiculous markups

    • @effspot
      @effspot  2 роки тому +156

      Agreed, we talked to a few sales people and they said people will pay for the markups and not care. Especially for vehicles with a gross weight over 6000 pounds. Certain tax laws allow them to write off the entire vehicle with section 179. So what's another 100k over sticker when its being written off for taxes?

    • @Cyborg_Auto
      @Cyborg_Auto 2 роки тому +2

      They don't have much choice if you want anything from a dealership..

    • @BalrogSlayer666
      @BalrogSlayer666 2 роки тому +12

      @@effspot unfortunately it only applies to trucks it seems, i tried to get a taycan since it's just over 6000 lbs and it didn't work for write offs

    • @MrBlaze256
      @MrBlaze256 2 роки тому +4

      My friend sold a used tacoma for like 60k. The girl traded in a 05 miata with 70k miles dealership gave her 1500 for it. My buddy got to buy the miata at the trade in cost

    • @SkodaYetiFan
      @SkodaYetiFan 2 роки тому +6

      @@BalrogSlayer666 That's exactly why G wagons are that popular among rich people.

  • @comprendays5590
    @comprendays5590 2 роки тому +399

    Finally more exposure to the ridiculous market prices!

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @andrest2002
      @andrest2002 2 роки тому +2

      It’s because the dealers have no cars to sell. They aren’t make producing many that’s why when they do have new cars in stock they are marked up

    • @houseofsharpeis9366
      @houseofsharpeis9366 2 роки тому +1

      People keep paying

    • @jackhammer078jack4
      @jackhammer078jack4 2 роки тому +1

      I will just stick with my car for a couple years.

    • @Okello_kev
      @Okello_kev 2 роки тому

      19:35 Expensive joke.

  • @brentelledge2869
    @brentelledge2869 2 роки тому +233

    49k for a Camry, if I ever spent that much on a Camry I’d be embarrassed. The people paying 2-3x over MSRP or more are going to be surprised when they go to trade them in and see the negative equity is the same amount as the car they’re trying to purchase when the market settles down lol

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @drewllicious
      @drewllicious 2 роки тому +12

      really!! I spent around 38k on a Brand New 2020 WRX like 5 months ago, That camry markup is out of this world..

    • @haii1650
      @haii1650 2 роки тому +6

      I just got my Camry 22 SE with all the options I could get for 36k. Basically MSRP + Tax. No negotiations room but i ain't EVER gonna pay for market adjustment that is just straight bs. Had some idiot tried to sell me a Civic Touring for 49k LOL. Laughed so hard right there when I saw the paper the guy shooked.

    • @ScianGT2
      @ScianGT2 2 роки тому +1

      Camry hybrid here cost like 51k+ (indonesia)

    • @lprince96
      @lprince96 2 роки тому +13

      For a Camry? I might as well buy a Mustang GT Premium at that price.

  • @godspeed787
    @godspeed787 2 роки тому +245

    Glad people are talking about this, it's getting out of hand

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @Slowjo1221
    @Slowjo1221 2 роки тому +108

    “Window theft etch” is such a freaking scam

    • @tamarab8972
      @tamarab8972 2 роки тому +20

      Same as overpaying dealer to tint or paint protector bs some people get😂😂

    • @alexrekzu4079
      @alexrekzu4079 2 роки тому +3

      2k too!

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @00sra
      @00sra 2 роки тому +2

      What even is it?

    • @Slowjo1221
      @Slowjo1221 2 роки тому +5

      @@00sra they etch the cars VIN onto each window to make the car more identifiable. It’s supposed to be a theft deterrent but thieves couldn’t care less

  • @InNout8888
    @InNout8888 2 роки тому +40

    Get rid of dealerships…. Bunch of damn crooks….. We need factory direct showrooms in the US.

    • @grantlam9247
      @grantlam9247 2 роки тому

      Go to Tesla. They do direct to the customer. I wish other Auto Makers did the same

  • @1johpo
    @1johpo 2 роки тому +29

    6:45 $49,000 for a CAMRY! That dealership should be completely SHUT DOWN for that! 🤦🏽‍♂️

    • @beefwellington7323
      @beefwellington7323 2 роки тому +2

      You sound slow

    • @1johpo
      @1johpo 2 роки тому +17

      @@beefwellington7323 You probably work for the dealership.

    • @googleaccount6931
      @googleaccount6931 Рік тому

      With no sunroof and no push to start 🤣

  • @jordanriskophotography
    @jordanriskophotography 2 роки тому +72

    $1695 for perma-plate?! L O L what a joke.
    Edit: perma-plate is a "sealant" that is applied to a car while the car is wet with a sponge. It's supposed to be like a wax but its complete junk. After about 3 or 4 washes that stuff is already worn off. Save the money and get a real ceramic coating. This is coming from someone who works in a dealer that uses it.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @kevinmccallister3133
      @kevinmccallister3133 2 роки тому +6

      Honestly anything the dealership added to the car is a scam to increase total price. Winter Floor mats at $250, exterior protection $300, wheel locks $150, etc. complete joke. Most of the time you can negotiate these things off

    • @PanameraTurboSEHybrid
      @PanameraTurboSEHybrid 2 роки тому

      @@kevinmccallister3133 I believe that's how the sellers make their money. It's basically like you giving them a tip when you add those extras. Day might come when the customers buy directly from the manufacturer and cut dealers out completely only having service and detail centers.

  • @fllsend
    @fllsend 2 роки тому +58

    I gotta give props to effspot. Literally went out to every dealership in California. This man is a legend.

    • @chakky533
      @chakky533 2 роки тому +2

      agreed, but he did not literally do that...

    • @LuxuryBeatsMusic
      @LuxuryBeatsMusic 2 роки тому +1

      @@chakky533 guy said literally. He meant it!
      "in a literal manner or sense; exactly"

    • @chakky533
      @chakky533 2 роки тому +2

      @@LuxuryBeatsMusic ? but there are like thousands of dealerships in the state

  • @RapidRedRider
    @RapidRedRider 2 роки тому +5

    I was car shopping recently looking for a good mpg commuter car and found a 2018 Nissan Sentra. They were asking $19k. I liked the car and decided to get it. After their ridiculous mark ups and hidden fees the otd price was $37k!! I got up and walked away and the salesman got a major attitude and had the audacity to thank me for wasting his time. He said “the 2 hours I spent with you could have been put towards selling a car to another customer”. I said “look around dude, I’m the only customer here” which made him more angry. I couldn’t believe the final price was almost double the asking price. I went across the street to another dealer and the sticker prices were so high I went home. This is crazy and people need to stop paying these prices and they’ll start going down. And That’s in Tulsa, Oklahoma

  • @JaredConnell
    @JaredConnell 2 роки тому +126

    Imagine financing a car and still owing more than msrp after like 3 years.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @mexicanspec
      @mexicanspec 2 роки тому

      You have to put that overage down. A finance company is not going to finance that much over.

    • @joesmith9216
      @joesmith9216 2 роки тому

      biggest saps, but hey....if you have endless money.

    • @LuxuryBeatsMusic
      @LuxuryBeatsMusic 2 роки тому +1

      that's why most people aren't very wealthy

    • @caphs2107
      @caphs2107 2 роки тому

      Exactly..👎

  • @MobiusFour-Four
    @MobiusFour-Four 2 роки тому +65

    You know things are getting out of hand when civics are close to 50k and rav4 close to 100k

    • @tigerhoods7927
      @tigerhoods7927 2 роки тому

      Right they should never be that high

    • @TockaMea
      @TockaMea 2 роки тому

      Lost my mind when i saw a rav4 for 100k

    • @MiDLiFECRYSiS
      @MiDLiFECRYSiS 2 роки тому

      My girlfriend was looking at 2019 RAV LEs for 31k. I called our local Toyota Dealership, she walked out with a brand new 2022 RAV4 XLE for 32k (MSRP). The greed and idiots who buy this shit is asinine

  • @neurolect4843
    @neurolect4843 2 роки тому +82

    The worst one I’ve seen so far and it hasn’t been by far is an $18,000 Dealer Market Adjustment on a 2022 Kia Telluride. MSRP was $50,000… crazy these days.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @jacobd1432
      @jacobd1432 2 роки тому +7

      I saw 15,000 markup on a base model civic hatchback, msrp was 23000... (Airport Marina Honda btw, never go there horrible and unethical dealership)

    • @neurolect4843
      @neurolect4843 2 роки тому

      @@jacobd1432 bro, that’s wild. 😳

    • @M67v
      @M67v 2 роки тому +1

      That would get you loaded RX 350 L

    • @M67v
      @M67v 2 роки тому +5

      But if you think that’s bad? Try a $96k Toyota RAV4 Prime

  • @bennytdi
    @bennytdi 2 роки тому +48

    Dealers just pulling random numbers out of their ass.

    • @mochabear88
      @mochabear88 2 роки тому

      i think they genuinely dont wont to sell their cars rn. i dont understand why but this shit is suspicious

  • @chris_g_nixon
    @chris_g_nixon 2 роки тому +54

    Thank you for exposing the market madness Effspot! This is unreal!

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @hamza4real
    @hamza4real 2 роки тому +68

    Dealers love saying "it's because of the chip shortage"

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @jasonjhee4944
      @jasonjhee4944 2 роки тому

      What’s it because of then?

    • @tigerhoods7927
      @tigerhoods7927 2 роки тому +2

      Lol that is their fave phrase

    • @MiDLiFECRYSiS
      @MiDLiFECRYSiS 2 роки тому +6

      @@jasonjhee4944 greed. No car is worth even 25% over MSRP. Plenty of local dealers by me have markups, but they're really only a grand or two. I still wouldn't ever pay a cent over MSRP. The dealers know they can talk impatient idiots into this kind of mistake. By the time the car is out of it's lifecycle they'll probably still owe MSRP on the thing.

  • @welloilbeefhooked4984
    @welloilbeefhooked4984 2 роки тому +18

    Guys its the same here in the UK, Land Rovers in particular are going for silly prices(especially the new defender), but also if you where lucky enough to have ordered a brand new car 12 months ago and took delivery you could sell it the next day for $40k over what you paid. Even MK8 Golf R's are selling for £60k ($82k) for a Golf which is crazy!!!

    • @Paco1337
      @Paco1337 2 роки тому +3

      V8 Defender in my country is 170k euros

    • @5isous
      @5isous 2 роки тому +1

      @@Paco1337 250 in my country

  • @nhilist5774
    @nhilist5774 2 роки тому +16

    This would be avoidable if the government didn't legally prevent manufacturers from selling direct to customers

    • @MiDLiFECRYSiS
      @MiDLiFECRYSiS 2 роки тому +3

      Yep. This is so overlooked and it's a ridiculous model

  • @ethanvlogz_6070
    @ethanvlogz_6070 2 роки тому +12

    Ford already said that if their dealerships continue to do it they’ll lose their lightning allocations. GM said the same thing and said dealerships would lose their Z06 allocations if they continued doing markups

  • @travanx
    @travanx 2 роки тому +30

    I tried to buy one of those Keyes IS500's last week. Sticker $62k, Dealer price $72k, but once you sit down it then becomes $83k and can't buy it. Huge waste of time. Not surprised they are throwing out numbers to see if anyone will bite on ridiculous prices.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @jalvarez2216
      @jalvarez2216 2 роки тому +1

      I saw $67k on the sticker of a Launch Edition IS500 from Lexus of Henderson. Can’t imagine what the actual price would come to at the end.

  • @HKTjohnnywalker
    @HKTjohnnywalker 2 роки тому +9

    I sold cars for 15+ years and sooner or later the market will correct itself and all the idiots that bought cars with these insane markups are going to be screwed if they ever trade it in or try and sell on the private market.

  • @cl7510
    @cl7510 2 роки тому +34

    A Rav 4 with a 40k markup??? Anyone who’d pay that is likely brain dead.

    • @TockaMea
      @TockaMea 2 роки тому

      Saw a Prime rav4 for 100k at the dealer

    • @vce.john1734
      @vce.john1734 2 роки тому

      True asf at that point I rather get a 2021 Tesla model y long range or different electric car.

  • @salweezy1
    @salweezy1 2 роки тому +35

    $50k for that Honda Civic 😂😂😂

    • @Stormtrooper-oc4vn
      @Stormtrooper-oc4vn 2 роки тому +1

      That the price for a Civic si turn key. Imagine how how that costs now.

  • @triot2127
    @triot2127 2 роки тому +17

    I know someone that works for GM, apparently the manufactures are not happy about this. Apparently Detroit is full of cars that are about to roll out over the next year.

  • @Capsule71420
    @Capsule71420 2 роки тому +21

    I’ve seen a Toyota Sienna marked up at $70,000. 😂

  • @andrewwinick2906
    @andrewwinick2906 2 роки тому +22

    “Market adjustment “ nice way of saying price gauging

  • @andyh9228
    @andyh9228 2 роки тому +3

    Very informative, no other car enthusiast take his time to inform his viewer/subscribers - once again Thank you

  • @f0nd004u
    @f0nd004u 2 роки тому +26

    That ditch in the middle of the parking lot may be for draining water out. There are definitely better ways to do it. I've never seen that before.

    • @au1317
      @au1317 2 роки тому +2

      It would make sense to me at least that it's a mild theft prevention measure. If someone tried to steal a car and hit that, they'd have to run on foot

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @mexicanspec
      @mexicanspec 2 роки тому

      If the dealership is in a flood plane it may have been required for insurance purposes.

  • @raulsanchez4718
    @raulsanchez4718 2 роки тому +15

    I almost died looking at the markups

  • @davekeyz8016
    @davekeyz8016 2 роки тому +8

    Those mark ups are everywhere!! It sucks balls out there

    • @effspot
      @effspot  2 роки тому +5

      I hope the manufacturers punish these dealerships.

    • @MiDLiFECRYSiS
      @MiDLiFECRYSiS 2 роки тому +1

      @@effspot they should pull their licensing for it. This is asinine

  • @TeamShiitakeRacing
    @TeamShiitakeRacing 2 роки тому +10

    The best part is some of these don't show the price mark up on the websites. You get kicked in the ass when you get there.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @JustinsSupercars
    @JustinsSupercars 2 роки тому +2

    That’s unbelievable. It’s crazy that this is actually allowed by law. Fortunately this is not possible here in Germany. New cars can’t be sold over sticker. The dealerships can’t just make their own prices with new cars. However the used car market is off the charts here in Germany as well. Pretty much any used car ( really old or nearly new cars, doesn’t matter) went up 10-30%. It’s really ridiculous.

  • @Unfall_XO
    @Unfall_XO 2 роки тому +9

    6:37 I’m speechless 50k for a Camry

  • @HazleMods
    @HazleMods 2 роки тому +2

    Plus the Lexus IS 500 is a “1 of 500” launch edition and that blue RCF track edition is a “1 of 50” . The dealerships are using limited run vehicles to run up the price also

  • @LucciOW
    @LucciOW 2 роки тому +1

    UA-cam hasn't been putting your vids on my home page anymore and I'm a long time sub w/ notifications. I've missed so many videos man...

  • @InsaneSupercars
    @InsaneSupercars 2 роки тому +16

    I worked in sales for 5 years & all our New cars always had markup before COVID. It was $5,000 markup for ETCH, Cilajet, Clearshield. Our GT-R’s had $20,000 & Ram TRX’s had $30,000 markup, but that was normal for us. Typically people will negotiate the markup or just go thru the Costco Auto Program to avoid any markup.

    • @hamza4real
      @hamza4real 2 роки тому +1

      But now, dealers won't even negotiate a markup

    • @rightfight100
      @rightfight100 2 роки тому

      @@hamza4real lol we do, just gotta be good at haggling

    • @M_Lopez_3D_Artist
      @M_Lopez_3D_Artist 2 роки тому

      @@rightfight100 haggling its such a skill or art, id like to know

    • @rightfight100
      @rightfight100 2 роки тому

      @@M_Lopez_3D_Artist not too hard to learn honestly! practice makes perfect

    • @DomV123
      @DomV123 2 роки тому +1

      @@hamza4real Because they don’t have too, the car market is hot right now and if you don’t buy it someone else will

  • @gen13pinoy
    @gen13pinoy 2 роки тому +6

    The dealership system that suppose to protect us from big automaker company...is failing is today

  • @gstevens6948
    @gstevens6948 2 роки тому +1

    “Market Adjustments”…..🤣💥

  • @jons8381
    @jons8381 2 роки тому +2

    I live across the street from the Toyota dealership you visited. It’s insane to see these markups. Thank you for exposing these greedy bastards. Of course, I blame the consumer for being dumb enough to pay that price as well.

  • @justinkenney7326
    @justinkenney7326 2 роки тому +1

    So in Virginia we don't have the market adjustment, but after you negotiate the price. You go in a back room with the finance person and all those extra are then pitched to you. You don't to get them. Also, ask who the companies are that provide the interior and exterior protection. Alot of dealerships will tell you that rock chips are covered,but when you speak to the actual company that is providing the paint correction will tell you different. We learned this with our gladiator and had I read the fine print on the contract, it said it right there, does not covered rock chips or paint chips. Only covered fading and cracking of the paint.

  • @jsb1945
    @jsb1945 2 роки тому +13

    That’s crazy! How the dealers have the courage to sell this cars with a totally crazy prices!
    Some of this prices is 20k over the real ones. That’s completely insane. No words about that.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @mdsveda
    @mdsveda 2 роки тому +8

    Insane. People will be be upside down in value over time.

    • @9991083
      @9991083 2 роки тому +1

      People that bought Nissan, Kia, and Hyundai have upside down no matter how crazy the market is 🤣
      Thanks Carmax for taking the tradeins with a ridiculous value.

  • @cmorlok
    @cmorlok 2 роки тому +11

    This is a lesson in economics as well as a real world example of how inflation operates. The higher our national debt goes and the wider the trade deficit grows the worse this is going to get:

  • @christianmaixner9091
    @christianmaixner9091 2 роки тому +2

    I am working at a car dealership in germany and the german carmarket is also getting effected by the chipshortage. The prices for used cars also went up in the last few months, but prices for new cars only got increased by the carmanufactorers a bit. But these adjustments in the USA are mindblowing. XD

    • @carcaviar9321
      @carcaviar9321 2 роки тому

      Yeah, here also in Belgium we don't have those markups. We sell cars at (nearly) the same price of what the manufacturer tells to sell them. We can't give a car 10k markup because we are not allowed an to many competitors nearby. Also I would feel bad if we did that. Meanwhile people order a car and wait a year or more to receive it.
      The second hand cars are like 2k higher in price

  • @Kjk_808
    @Kjk_808 2 роки тому +29

    There’s a big reason why people don’t buy new cars from dealerships anymore, this is the main reason

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @stephenweewoo
      @stephenweewoo 2 роки тому

      If your poor

    • @shahnishotit
      @shahnishotit 2 роки тому +6

      @@stephenweewoo don’t worry you will be too once you buy a new vehicle

    • @stephenweewoo
      @stephenweewoo 2 роки тому

      @@shahnishotit you sell it before it depreciates

    • @shahnishotit
      @shahnishotit 2 роки тому

      @@stephenweewoo that’s if u can pay it off without negative equity

  • @cj41079
    @cj41079 2 роки тому +1

    epic collection.....we need an episode of your collection again....congrats on Murci collection! looks great!

  • @javansarmiento7151
    @javansarmiento7151 2 роки тому +5

    LOL entering into the maniac market phase before it comes crashing down. I’ll be ready to buy Pennie’s on the dollar

  • @JoeBlo2
    @JoeBlo2 2 роки тому +2

    G550s in Canada are going for $250K CDN, and G63s are over $350K. More than used 911 GT3 prices.

  • @scalecrawlnl
    @scalecrawlnl 2 роки тому +2

    Interesting and investigative reporting from effspot. Never heard of market adjustment. Curious
    to learn more, see if the extra charge is also a wide-spread phenomenon in the used car market.
    Thank you Gordon, a great video👍

    • @bamjeep461
      @bamjeep461 2 роки тому +2

      oh yeah its also in the used car market, for example older toyotas that used to go for like maybe 6k most are now going for 10- and the worst ive seen 57k. so its just bad everywhere.

    • @scalecrawlnl
      @scalecrawlnl 2 роки тому +2

      @@bamjeep461 Thank you for the explanation, that is totally new to me, a great market update, much appreciated input, Good Sir.

  • @reecewcrawford5082
    @reecewcrawford5082 2 роки тому +7

    I agree with everything that you discussed other than the m5 CS. It’s extremely limited and will appreciate for the rest of history. Any car of that status appreciates no matter what.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @tommyhairyeah7726
      @tommyhairyeah7726 2 роки тому +3

      No new bmws will appreciate

    • @inosurrender8327
      @inosurrender8327 2 роки тому +1

      Only way an M5 will ever appreciate or very slowly decrease in value would be if the next gen M5 becomes fully electric.

    • @OttonFilms
      @OttonFilms 2 роки тому

      The only way the m5cs appreciates is if it's not driven at all. M4 CS is still the same price basically a bit under msrp.

  • @sebastiancamacho1952
    @sebastiancamacho1952 2 роки тому +15

    Hope you’re doing well bro, big ups!!

    • @effspot
      @effspot  2 роки тому +8

      Doing pretty well! Lot more videos coming soon!

  • @madebykemo
    @madebykemo 2 роки тому +2

    Super wild to see this IRL versus just hearing news prints say “chip shortage” constantly

  • @17luke
    @17luke 2 роки тому +1

    Your 2 favourite Murcis are the same 2 autoarts I have.. can't beat those 2 sitting together

  • @theylive2749
    @theylive2749 2 роки тому +2

    The Porsche dealer in my area has the 992 GT3s with like $160k msrp with a $300k asking price.

  • @mauroaguilar3357
    @mauroaguilar3357 2 роки тому +1

    Love the car model section of the vlog!

  • @pl4819
    @pl4819 2 роки тому +1

    We recently purchased a new Mini Cooper 5 door hatch, the dealership said they can’t mark up from original price (regulation/etc) since a one year old used one with less spec is £2k less and this is in the U.K. used car prices are mental over here right now tho.

  • @user59371
    @user59371 2 роки тому +2

    The flat top is coming in nicely Gordon

  • @pete6724
    @pete6724 2 роки тому +1

    It's happening all over the world, supercars are marked up by 60k in the UK, it's the lack of new cars hitting the road.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @PurgatoryVLM
    @PurgatoryVLM 2 роки тому +2

    Great work 👏🏾 👊🏾
    Now do one on how manufacturers put conditions on UA-camrs for things like when they can release a vid

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @johnmustac189
    @johnmustac189 2 роки тому +8

    Great video to expose these stealerships!

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @hansajasulohith
    @hansajasulohith 2 роки тому +2

    Well here in Sri Lanka, used 5 year old Corollas goes for around $50k - $80k😂
    And the reason for that being is the government temporarily banned importing any passenger vehicles back in March 2020 and hasn’t been lifted since😬

  • @sc_cammer1342
    @sc_cammer1342 2 роки тому +14

    88k for a Civic and 96K for a rav4, they don't even want the business.

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @Z3R3A
    @Z3R3A 2 роки тому +7

    Effspot back with the LA uploads 🔥

    • @effspot
      @effspot  2 роки тому +3

      Incoming back to back bangers.

  • @vishnusupremex7955
    @vishnusupremex7955 2 роки тому +1

    Love the channel Gordon, keep it up!!😀👊🏼

  • @Plan_Br
    @Plan_Br 2 роки тому +6

    jesus!! why people dont stop buying overpriced cars? like, just give a break and demand and prices go down...

  • @tentywenty
    @tentywenty 2 роки тому +6

    I can’t wait to sell my mediocre-condition e36 for 15k lmaooo

  • @g.o.n.c.a.a.s.5090
    @g.o.n.c.a.a.s.5090 2 роки тому +1

    Effspot, did you put your Kaido Racer in auction? Because I haven't been around for a time and I saw it in Instagram.

  • @garagenextdoor807
    @garagenextdoor807 2 роки тому +1

    That part in the parking lot is the storm drain lol, so the water doesn't flood the lot and goes elsewhere

  • @Eze_Aj_Steezy
    @Eze_Aj_Steezy 2 роки тому +1

    The man behind the camera good too see you for the first time lol

  • @monkeypolicd
    @monkeypolicd 2 роки тому +1

    14:07 curb design is probably for water runoff

  • @frenchyp7b
    @frenchyp7b 2 роки тому +4

    I m happy to be in Europe, even with a 20% vat and carbon tax markup, dealers are not allowed to do that. I remember when the 2017 Civic type R had just been released, I saw a 30k markup from a dealership in soCal. Nuts …

    • @sleempy6343
      @sleempy6343 2 роки тому +1

      well ive seen a lambo urus here in europe with 30k kilometers on it for 350k usd so idk about that

  • @juniorpolanco3836
    @juniorpolanco3836 2 роки тому +1

    so glad we got our GLS450 a year and a half ago before all this adjustment stuff kicked in. we were starting to see even back then inventory problems, we couldnt get a fully optioned one locally on the west coast and had to get one in New Orleans and had it shipped to us.

  • @flandernfields2478
    @flandernfields2478 2 роки тому +2

    Crazy! Appreciate the effort

  • @bigz3611
    @bigz3611 Рік тому +1

    Our Benz dealership was on our local news for trying to market up 120 grand on a new gwagon to bring the total to 276 grand. The guy that tried to buy the vehicle got his lawyer involved

  • @baller1805
    @baller1805 2 роки тому +1

    One thing about these huge mark-ups is you cannot finance, or lease these mark-ups. On leases it’s normally a small percentage. Financing is the same way. So, you will have to pay that out of pocket.

  • @4200timeB
    @4200timeB 2 роки тому +2

    Yeahhhh . an you said it right "whos buying these at this price "? Also the curb thing is for lot drainage when it rains id assume

  • @itsjosh8453
    @itsjosh8453 2 роки тому +4

    I think Longo is the one of the dealerships that doesn’t mark up their vehicles in socal

  • @LRMillsy
    @LRMillsy 2 роки тому +1

    Dealerships have always been scum but this is a whole new level.

  • @misterbem1
    @misterbem1 2 роки тому

    Thanks for putting a video about these markups. Houses have markups around %150 - %200 as well.

  • @MikeClowder
    @MikeClowder 2 роки тому +2

    I work at a chevy dealer. We have a 2017 duramax with about 100k on it with a lift kit that's being sold for $80k somehow.

  • @jryalls
    @jryalls 2 роки тому +1

    People just need to stop paying these mark ups.

  • @talibnunnally1531
    @talibnunnally1531 2 роки тому

    Just wondering. If you went to the dealer and ordered one brand new (not in stock) with a few personally chosen specs, to be manufactured and wait for delivery, would you still get hit with a markup?

  • @RollingShutter
    @RollingShutter 2 роки тому +3

    If you think the 40000$ markup is the robbery on the RAV4, you have overlooked the 2495$ charge for ceramic coating.

  • @tas1154
    @tas1154 2 роки тому +3

    So I can speak on behalf of the dealership I work for and the dealerships in the surrounding area I work at a Hyundai dealership in Coastal Georgia and we have addendum‘s Appearance and dent protection and tint (total $1757 increase over MSRP) with no additional dealer markup and most dealerships in my surrounding area have no markup other than luxury brands and dodge stores so it hasn’t hit us that bad but inventory is very scarce most lots are running at about 35%-50% Of what they usually have

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

  • @tajsingh9769
    @tajsingh9769 2 роки тому

    in Canada its topping $400k on g63 and few dealerships don't even let you finance it, only lease.

  • @Samxdr_
    @Samxdr_ 2 роки тому +1

    77k for a 4Runner and 50k Markup is mind blowing shouldn’t be legal

  • @ozzy1427
    @ozzy1427 2 роки тому +6

    That's ridiculous man I'll just stick to owning old cars lol

  • @KingASE88
    @KingASE88 2 роки тому +3

    You could buy a whole other car instead of those $10k markups

  • @MichaelVella1
    @MichaelVella1 2 роки тому +1

    that is absolutely ridiculous

  • @ElT1greVerde
    @ElT1greVerde 2 роки тому +2

    that sport logo placement is super sus on that toyota

    • @MdubMedia
      @MdubMedia 2 роки тому

      I noticed that too 🤣

  • @carguy9292
    @carguy9292 2 роки тому +2

    I once saw a pic of a Civic Type R Limited Edition for retail at 50k, already insane, but with a dealer markup of 50k so it came out to be 100k for CIVIC. A CIVIC.

  • @matt_hayward
    @matt_hayward 2 роки тому

    Toyota Landcruisers are ridiculously popular in Australia now as the borders have been shut for so long. My local Toyota dealer Brighton Toyota have basically turned their showroom floor into a Landcruiser museum to fill the floor space! I swear at one point they had only one (or extremely few) demonstrator vehicles of the new 300 series. A friend of mine works down the road and he's selling cars off the used lot interstate and even internationally. Cars like Landcruiser Troop Carriers

  • @ITRIEDEL
    @ITRIEDEL 2 роки тому

    Tbf if you’re willing to wait awhile you can order a new car without a markup here in LA. My cousin just bought a brand new bronco and waited 6 months and got it with zero markup. But all the ones on the lot had a 15k markup.
    That said, this a legal robbery. They’re targeting the people who just have to have a certain car and can’t wait, and people who cannot buy a used car and need a car today.
    Sadly, people are still buying in this market. Not as much but the markup is making 10x over up for the lack of inventory.
    Buy Used, wait or just don’t buy.

  • @owyea092
    @owyea092 2 роки тому +1

    The driver in the charger probably happy AF getting his loan approved for 85 months @ 18% apr

  • @klemire9555
    @klemire9555 2 роки тому +1

    Another video like this would be cool when you visit other parts of the US or just other dealers in general

  • @merlink.8780
    @merlink.8780 2 роки тому +3

    Mercedes stopped offering new G-Wagons since they are booked out with orders till 2024, the reason why used ones and especially new ones go for crazy amount over retail. Seeing 100K on top is just a scam, besides it already being a scam imo. Great video 🙏🏼

    • @qofiagya4891
      @qofiagya4891 2 роки тому

      𝕊𝕡𝕖𝕔𝕚𝕒𝕝 𝕕𝕒𝕥𝕚𝕟𝕘 𝕗𝕠𝕣 𝕪𝕠𝕦 ➺ BEAUTYZONE.CAM/Anna
      Anna is a beautiful girl.
      He's the person I love, he's my light
      day. The way the music flows and sounds
      is extravagant and fun. Anna is
      icon, legend, beautiful girl, princess, inspiration,
      a star. I could go on and on, understand this.
      I love NBA Anna.#垃圾

    • @MistaaFrosty
      @MistaaFrosty 2 роки тому

      i mean i can understand that markup now lol. 2025 was what the article said but 100k to get your car now isn’t so bad when you’re already planning on spending 200k on a SUV. especially when you don’t wanna wait 3 years to buy a g wagon.

    • @merlink.8780
      @merlink.8780 2 роки тому +1

      @@MistaaFrosty It’s an option that’s true, but imo they could’ve at least do for a more “reasonable” price, 100K is just crazy, But I agree, it doesn’t matter to people who have the money.

    • @merlink.8780
      @merlink.8780 2 роки тому

      @@MistaaFrosty It’s an option that’s true, but imo they could’ve at least do for a more “reasonable” price, 100K is just crazy, But I agree, it doesn’t matter to people who have the money.

    • @joesmith9216
      @joesmith9216 2 роки тому

      I hate g wagons, it's what rich guys buy their stupid wives to shut them up for a day. Good vehicle, just ruined by it's buyers base, they are cuck mobiles.

  • @koalaakabear
    @koalaakabear 2 роки тому +2

    Damn you silicone chip shortage!!

  • @BlazerProject
    @BlazerProject 2 роки тому

    I live in Kansas and the mark up is just as bad here as well. People have offered ten grand for my old truck because I take care of it. Some of the mark ups that I have seen been what you have found and worse. Some of the work trucks are around 50000 to 80000 mark up. Some of the people I work with are trying to find a new vehicle but it is insane when they see the prices and the amount of money that they are right now.

  • @mitchel5767
    @mitchel5767 2 роки тому

    A markup on a 2 wheel drive tundra is just spooky

  • @grahammarshall1199
    @grahammarshall1199 2 роки тому +1

    What does the market adjustment supposed to mean??