BANKS STOPPED LENDING So Dealers Are FORCED TO DO THIS!
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- Опубліковано 16 тра 2024
- BANKS STOPPED LENDING So Dealers Are FORCED TO DO THIS!
In this video you will get to see what car dealers are actually paying for their cars and trucks at auction!
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices - Авто та транспорт
I would rather buy a beater car than own a new one. Don't want to be in debt for years. Don't need the bells and whistles.
Nothing worth owning built since 2002
Smart Man., or Woman.❤
New cars have poor quality. The CEOs need more money so they cut quality to get it.
@@sarahstephens5966 Looking to buy a new vehicle soon, and I'm looking at nothing newer than 2018. Probably a used 4runner. Buying it cash.
I have yet to see a car that has any bells or whistles. 😮
13900 for a truck with over 100K miles? That's crazy
It's completely absurd !!!!
Still a better deal than buying the same truck new for $75,000. Imagine the repairs you do for a fraction of that amount of money? You could put a whole new engine in and not touch that.
@@Mrbfgrayin this day and age 13,900 for that truck i wouldn’t touch with a 10ft pole.
10k yea MAYBE.
@@sprinkleddonuts6094 IDK this market well enough, but that's not a lot given new truck prices.
Seems like all the cars that sold were still over priced for used stuff, the Subaru had the least mileage 88k and sold for 13k...crazy
Most of these cars belong in the junkyard. And people are financing these things for 5 years. What a disaster.
You're obviously not qualified to say such things
True bunch of lem9ns
@@sarahstephens5966 he is not lieing though
@@robthefarmer007 he’s right, even if you find something decent looking at a good price the quality of owners is 💩 they don’t take care of their cars. it’s just a problem that moved from one guy to the next. high interest rates alone would negate any perceived good deal. best to buy from friends and family at this point.
Most of these cars will be repo'd by Christmas.
Buddy of mine is a dealer, sold his lot three years ago lock stock and barrel. Today he advertises as a buyers agent. After small advertising, spot ads in regional paper, people contact him with what exactly they want. He goes to auctions, sends customers real time videos of cars. They make buying decision with ultimate high bid. He charges a flat fee, non refundable of $1000. People pay it, most of the time get the cars they want. He’s making money well above what he made as a mid to low price point dealer. Sign of the times? I used him to buy my daughter’s first car. 2020 Mazda CX50, 22k miles with a clean Carfax. It was immaculate, zero issues. At Sacramento auction, before dmv fees I paid $16000. $15k + his $1k. Unbeatable deal since this car would have sold for $20k plus at dealer lot.
That's a decent service
I considered using such a service, but got lucky and found a car myself rather quick. Got a 2019 Subaru Crosstrek Limited in excellent condition for about $12k with about 80k. No tax as bought in NH. Of course, then paid tax when registered in MA. 😂 $1k tax, so basically what I'd pay for a finder service. Similar cars I saw going for 16-18k in the region, but that's with dealer markups.
Share his info
lol you paid someone $1000 for that ? You paid someone more money than they would have made selling you a car at a dealership 😂
Good Lord, a 2020 with 167,000 miles!!! Damn thing never cooled off!!!😉😁
Gig economy work full time+.
@@vladimus9749Yupp this! Nicest vehicle I’ve had delivery for was in a new E Class. My city you’ll see someone in a $75k High County; just upside down idiots who took PPP/stimulus money and got in over their heads
There beating me i have toyota corolla that is 2020 with 135,332 miles on it
They might have one car our used it worked and travel
One of my first thoughts, too. Especially on the big Ford truck - if the previous owner was a contractor I would understand, but it looks way too clean and dent-free to be an ex-contractor owned truck.
those dealers at this auction are waaay overpaying
The cars that these dealers buy in this auction how much do they go for for sale on their lot?
How much in % do they ask for.
Let's say they buy a car for 10 thousand,how much do they ask the person that walks in their lot?
Thank you
Dealers aren’t stupid. They can sell some used cars for very little profit but make money via financing commissions. For example - they make $1K on the vehicle plus $2K matching the customer to a loan. Then occasional add ins like a warranty.
And they pass those savings directly to customers!
Insanity.
And the banks know that, hence why the loans are drying up, way to risky.
Newer vehicles are straight up trash. Anyone that buys a new vehicle is crazy. These CEOs have been forcing these POS vehicles on the market for a long time now. People are fed up.
My new Kia Soul is nothing but plastic EVERYWHERE! Everywhere. If this thing hits ANYTHING it will probably be totaled. I'm especially concerned about people coming up behind me when I'm sitting in queue.
I had my 1993 camery towed last week, The tow truck driver said he was towing in 2024 vehicles having problems. One of the cars only had 308 miles on it.
Really? LOL
I have a 2017 and a 2019. Neither has had any significant repairs, just one software update and two sets of tires. Since 1970 I have bought vehicles from Chevy, Ford, Dodge. None went as long as these two other than a couple of Hondas.
The best was a Ford Aerostar. I fondly recall driving around with a roll of duct tape which seemed to always be needed.
Off the topic, living in the North East, undercoating was something dealers loved selling. In all my years I had one car, VW, rust. I also had one car "rustproofed." Yes that was the same VW.
@@melissaohio My 2021 Honda Civic Sport had 80 miles on it and I had it a week when I needed service. Was parked in a parking lot at work and the battery was already dead. It had a faulty battery from sitting on the lot for 6 months without being driven once (I bought it at 8 miles on the OD, and that includes my test drive miles). It was covered under warranty and I haven't had a single problem since. The current used price on it is just a couple thousand less than what I drove it off the lot as.
AMEN!! They need to stop manufacturing vehicles at this pace. I mean, there are literally millions of unowned vehicles everywhere. This country is INSANE!!!! Corporate Greed.
14k for that truck is already too much. And you know that dealer is going to try to get at least 25 out of it
Let's hope.
Nah, they would need about $3k for reconditioning, tires are expensive. Probably some other odds and ends. Probably list online for $19.5-20k. Also depends on the local market trends. Used is very market dependent.
@@scottcohen1776very market dependent. I’m looking for a couple different Cadillac’s I live in a downtown and everything is crazy priced, even the high 100k mileage inventory.
If I drive 100-200 miles away I can literally save $5k close to $10K if I don’t mind having 75k miles
These dealers can fuck themselves
Somebody will buy it - and the greed goes on...
The biggest problem with the cars over 100 k is your going to have to start replacing everything all the bushings and mounts are at the end of there life so keep that in mind
Bingo! Motor mounts, too.
I’m at 180k and it’s about time for motor and transmission mounts. That will be $1500 :(
@@ScottishTerrorsInLAwhat kind of vehicle is 1.5k for mounts??
Depends on the car. Every Toyota and Honda I've had didn't have to do any of that until they got to ~250k+. However, a US car, then definitely yes.
I have had so many good beaters bought for peanuts I just can’t see buying anything new expensive- too much risk at the high end when the high end should reduce risk- I don’t trust newer car technology
Remember when these A-holes were saying, well if you want this vehicle your just going to have to pay the market adjusted price...well now, look who's crying now and FJB!
Also, F DJT
You are into old guys? Daddy issues...
@@michaela6147 FJB
😂😂
@@michaela6147 Im sorry, sore subject for you?
Borrow borrow borrow America is on borrowed time
Sure
@@lunarvvolf9606 I'm in agreement. There's a spiritual world here that is very sly and their intentions are to cause death. America is in an extremely scary spot. Who's the next Appointed President I think I know and it's neither of the above. Obama isn't going anywhere. Do you have a guess?
Boy, you said it. Americans are $1 TRILLION in credit card debt.They're paying at least 24% interest every month! This is not sustainable. We are in terrible trouble when the next economic slowdown comes along.
People just following the government's lead. They print $ out of thin air. Gov gave up their sovereign right to print $ to Federal Reserve, a privately owned bank. Gov needs $, borrows from Fed with interest, issues bond to be repaid by taxpayers. Fed controls entire $ supply. Say gov needs $1 @ 1% interest. They print $1. Where does the interest come from. More $ needs to be printed. Designed to fail. Then they print $ to oblivion to devalue purchasing power of $ Most people have no clue. Inflation is governmental grift.
I have been in the used car dealership business for over 15 years. It is common practice for large dealerships to sell vehicles through auctions as a means of generating cash flow. This practice has been in place since the beginning as a dealer.
This guy's channel is often questionable at best for his facts and predictions...glad you said something..
@@hoderharrisyet you continue to watch his videos. Cool story
@@mawill999 like most of us he’s probably here for the comments. The video is the same old “auto dealers/manufacturers/banks are collapsing” story that multiple UA-cam channels push every day.
@@hoderharrisI do t think this guy has any idea on how the market works.. I’m guessing this guy is selling cars in a grass field somewhere in middle of bum fuck … Banks are lending and will never stop lending
The only people who actually own cars paid cash. Everyone else is just renting.
Yupp you can get to your last payment and still can be repod
When I'm asked, is that your vehicle, my response is, no its the bank's. 😂
That new 70k Ford F150 you financed? Mr. Bank is following you around in his tow truck, just waiting...
I don't think I even have a credit score any more... For the past couple of decades we have paid cash for our homes and vehicles.
Property tax...you never really own a house even without a mortgage.
The silent protesters are out there more than ever in droves (yes, play on words) with keeping their old cars running as long as possible. The 200k mile club are accepting more and more new members every day. Layman people are finally realizing that a car can run essentially forever if maintained properly.
My Acura has 130k
And my wife’s 4Runner has 55k
All payed for
Be awhile before can join.
@@MrCountrycuz Yeah, but you chose cars that are known for being reliable and never die.
I have a 2012 honda civic and have had it payed off for a few years now. Have yet to do any maintenance on it other then oil change and tires. I also only have 68000 miles on it. Gets decent gas mileage too.
I have a 2000 Ford Ranger extended cab with a six foot bed. Bought new and Well maintained, it runs like new for camping and truck stuff. I also have a 2019 Honda Fit with 90,000 miles as a commute car, purchased new and well maintained. Why would I ever buy a new truck that cost more than my house did, or a new commute car, or any kind of new or used vehicle. I could afford to do so, but it doesn’t make sense. At all.
I have a 91 f150 lariat that joined the 600k club recently!
It appears that the market is going to adjust to the consumer after all.
If that is true, the Honda Fit will come back...but it wont.
50 grand for a truck that’s crazy
Thats cheap. Im seeing used Rams for $75k
@@nissan300ztt That's why trucks aren't selling.
Lol where? I paid 35k for my 17 with 19,000 miles. Big horn 4x4 crew cab @@nissan300ztt
@@therealDYL93 im in PA. Saw a 2022 Ram 3500 Diesel with 15,000 miles on it. $75,950! No add ons.
@@nissan300ztt oh the diesels are insane! They are targeting the working man. Alot of companies have to use diesel trucks to tow their equipment around. Sucks that they are doing this. And its because of the touch screen radios and all the bells and whistles that a diesel truck does not need. I bought a brand new dodge 3500 diesel laramie in 2006 for 52,000. That same truck is 100k in the new year model. Absolutely ridiculous. My 06 has 394k miles and still runs great though...
My 2012 F250 XLT 4x4 has 230k miles on it and she still runs and drives like a dream, still looks new too.
My 08 Explorer has over 210k, runs better than my Toyota, don't care what Anyone says.... I was behind a New explorer today, and the back left tire was Literally Crooked as it went down the road!! They can't build anything good today.
41 year old f100 owner... Straight 6 300 ci. In mileage.. this thing has been to the moon and back !! Into the second trip to the Moon now. She's a little rough around the edges.. but still beautiful. Take care of your truck !!
@@knotgiven2u84 I love the old 300 straight sixes.
The biggest danger with lifted 2015+ F-150's is that a lot of really ignorant guys cut the bars off the frame just behind the front wheels. Those are deflector bars that keep the wheels from decimating the aluminum floor pan/fire wall area where your legs are. Since those bars make it hard for guys to put big tires on their F-150, they often cut them off. Turns them into death traps and not many know to look for those bars before buying.
Any Carfax that shows the vehicle has gone thru an auto auction is an automatic huge red flag not to buy.
That's the case for most used vehicles unless they're trades and the dealer flipped it on their used lot. Do you research and get a PPI. Auctioned cars aren't a big deal if you do your due diligence.
Does Carfax actually show that in a normal report?
Unless it's a 2002 or older, running, V8, hardtop, stick shift Camaro with a clean title and an excellent price
@@joewoodchuck3824 Yes. Follow the life trail and you will see "Auto Auction".
@@vladimus9749 Reports doe not explain how well maintained. If no one else wants it why should I. Another major issue is Carfax "Minor" damage with no actual explanation of the nature of it. FYI, there is minimal discounting for "Minor Damage" if any at all.
These vehicles are to expensive and too complicated. When they break it's going to cost an arm and leg to fix . These vehicles don't need to be so complicated.
No kidding. I want an analog car. I will take the inefficiency in burning gas without fuel injectors if it means being able to fix the car with a wrench in my own driveway
My wife and I both make 6 figures and I drive a 2012 Camry no payments LMAO
BS
"I'm getting old" as trying to get into the car😂😂 that's kill me. I'm not even 35 and been feeling that way for years
My 2007 Honda fit is perfect for this. It’s not too high and not too low. Was great helping recover from an accident. Super reliable and great on gas 28/33.
You're too young to be having that problem, see a doctor.
Lol. Fell ya. I'm 41. BMX, Snowboarding, skiing, and a couple atv accidents.
@@whitetrashmillionare4858I am 29, in pain for the past few years myself as well. Doctors find nothing wrong.
@@whitetrashmillionare4858 having 2 kids, it makes a significant change on my body. Still not recovered fully. Been to PT for months didn't help much.
Nice seeing your videos! Love North Carolina especially Wilmington! Watching from Belgium 🇧🇪
What I like about you is that you explain what's going on in the car market. From what you're saying, it sounds like the economy could be in for some rough times because the consumer, for the most part, is tapped out. Their savings are almost gone and their credit cards are maxed out. People have cut way back and are only buying needs and not wants.
In 2007 when I was in the market for a new car, I went to KIA. They had a car on the lot with NOTHING added. It was just a car. No power windows, no power locks. No AC, no radio. No airbags. Maybe the seats reclined.. Maybe... 4 door. with nothing added. had a fuel and temp gauge. Was SUPER cheap, like 7k.... I should have bought it.. instead i spent 24k on a v6 mustang. . . . I still have the mustang, took 3 years to pay off. Love it.. 150k miles now. . . . but I should have bought the kia.. or a camry......
My car was 2009 I think 13 thousand encomy car
Kias are a high thief car and extremely hard to get insurance for! You dont want those problems! Your just fine in your mustang!
I've been seeing how dealers are replacing tires with Junk Chinese tires, many don't have a thread warranty just a 1yr warranty for repairs. Many rental cars for sale are doing the same thing putting very cheap tires on the cars and renting them out to their customers or selling them with the cheap tires
My local CDJR dealer has 372 Jeeps and 259 Rams on their lot and can't sell . Add another 92 used vehicles. Numbers as of five min ago.
A friend bought a new Saturn Sky Redline in 2007 in Dark Silver. The car is gorgeous, only has 11,000 miles on the odometer, rarely used. He is saving the car for his twelve-year-old son.
Sounds about right. My oldest is 12, and I keep telling him to take care of our cars as that’s what he will be driving in 4 years.
I always wondered where those horrible speakers at the fast food drive-through went when they wore out
the auction house uses them...
I love what you do for us little guys. I’m a 60 year old guy and a lot has changed I look forward to seeing your videos every day. Keep doing what you’re doing to help the young people understand the car market my hats off to you.
Hope all these dealers and manufacturers go under
They need a rude awakening for sure
Subaru tip - Those little badges on the back left are only given to new buyers and link together. They are a real pain to even get, and the previous owner put effort into doing so.
I'd bet that Subaru was maintained exceptionally well, because that person keeps buying them.
i thought it was a good price
I’ve owned 8 Subi’s. One I sold w 308,000 miles and I still see it around town and the person actually waves at me instead of giving me the finger. Lol
@@jorgemoro5476😂😂😂
I will walk barefoot through broken glass to avoid a new car dealer that wants to sell me a car that no one can repair.
No u won't!😂
All the independent dealers in my area are full to the brim . Vancouver,Wa
Honestly I'm surprised prices have not come down...
I look forward to your videos. I'm not in the market for a car of any kind seeing as I'm quite an old lady and my car is paid for. I don't think I'll be in the market for another car seeing as this one should last me until I'm pushing up daisies. My car is an inexpensive one that I bought in 2016 and I believe that right now it may have 17,000 miles on it.
I'm 81 and just paid cash for a Kia Soul. My 2000 F350 was starting to $$ me with 167k on it. I expect to put about 3k/year on this which is a bit more than you're doing. Just went over 1300 on it after 7 months.
@leecowell8165 I had a job in which I spent many many hours driving. I am perfectly happy to stay home and get my groceries through instacart. I had to replace the tires last year not because they had worn out but because I live in Southern Arizona and they were totally going to be dangerous from sun rot.
Approaching carmagedden
Thanks again for being truthful and honest with us. Love seeing how much your channel has grown since I first found one of your videos
I don't know what those dealers plan to do with all those cars. All the lots around me in Los Angeles are full to the brim. Lexus, Toyota, Honda and don't get me started on Dodge and Ford. Nobody is buying and the banks aren't lending. Everybody I see is already driving a new car, so what the hell are they going to do with all that inventory???
Thanks for powering through for us Brandon. I enjoy all you do.
Auto makers need to make bare bones trucks/cars again. I don’t need a huge gas guzzler truck with radar and cameras. Some of these large trucks don’t even fit in parking spots nowadays. wtf
They need to go back to making "American luxury" sedans. You know where they had bench seats that felt like being on a sofa and an easy suspension that doesn't make you feel every pebble and crack on the street.
All the local new truck dealers have basic bare bones trucks for sale, usually around $40K. They do seem to sell well. Seems people who buy actually want some of those extras.
$40,000 is too much for a bare bones truck new. The Maverick isn’t a truck, it’s an urban hauler with a 4 foot bed. Popular, yes, but not a truck. And try to find one at MSRP for the hybrid… impossible.
the fuel economy requirements are MUCH lower on trucks which is why all you see are giant SUV's and tiny shoe boxes it is calculated by the sqft footprint Call the EPA and tell them to get off the manufacturers' back they (manufacturers) will gladly build and sell mid-size vehicles again
The bed cover on that black f150 is a truxedo lowpro and it does roll up to the cab. It was one of the top sellers when I sold auto accessories.
the reason that Mazda was there most likely is the Carfax report. Cars with a modeate, or worse are not selling well right now
??
New car lots in the Midwest are all full of high $$$ vehicles. Thanks for these videos! Entertaining too as you got in and out of the 2 seater! Well done!
At least our economy isn’t in the crapper as much as some areas of the country.
The interiors of those cars look like a biohazard. People turning tricks in them? lol
You've obviously never had kids
@@sarahstephens5966Have you tried going to the hospital instead of using your car as a delivery room?
Dirty Mike and the boys.
😂 I was thinking the same thing shit looks disgusting
@@sarahstephens5966I was a kid once. I never did that to any of my family cars....I was raised right. IQ is going down.
Love your videos brother! Every time im on the road I’ll tune in and honestly im glad you’re sharing all this information with us. I have to say it I love the bloopers😂 ✅ Long time fan from Brownsville, Texas.
I really like your editing and interweaving the auction with commentary it keeps interest.
For the last month, the shipping do c south of Seattle ferry is covered with brand new, shrink wrapped cars. Just waiting there for about a month now.
Great video from the auction!
I appreciate that you take the time to make these videos. The best insight and information comes from people in the industry, not from UA-camrs, so thank you for not being a UA-camr! :D
You do a great job and we appreciate what you do . 🇺🇸
So the Mazda cx5 gets sold for 12,600 with 127k miles, obviously you have to make a profit so lets say on the low side it gets marked up 5k and round that to 19k before financing. After finance that car is going to be over 25k for a used 2020 cx5 with 127k miles on it, someone would have to be desperate or really dumb to even consider paying that much for a 4-5 year old used car with that kind of milage on it.
Good info Thanks.
Loving these videos ❤
Thanks for helping us stay on top of the market so we. Don't get screwed too bad
I don't see banks not lending anymore. I just bought a new Subaru for 2.9% on Monday. My brother just bought a new Kubota tractor 2 weeks ago at 0%. My co worker is in the process of buying a used F150 and she has bad credit plus a used vehicle and she got 6%. Since I paid my Ford dually off I get lit up with credit offers for various junk. Maybe its the area you live but people around here are buying like crazy.
If a used car has over 100K miles most banks will not do a loan on it.
@@heathwirt8919 Thats not true. The girl I work with just bought a 2010 F150 with 153,000 on it. They gave her a blank pre approval for $20k. The truck didnt cost that much but she was approved for that and she only makes 60k a year with bad credit...
Interesting to see auctions and see used vs new prices. Prices still seem high but improving a little. Market so resistant to change. Your very good youtuber. Possibly would be good to hear your opinion on mileage. Keep hearing that 150k miles is considered mid life for trucks now.
thanks for the f150 I had ask you about it last video good info.
Out here in NM the sun will DESTROY those bed covers too!
I live in Albuquerque and it will tear that bed cover to shreds especially in July lol
We have the same issue in FL. this UV eats the plastic headlight covers too.
You are so correct. My current vehicle is garaged in the Mid-Atlantic and I am going on 8 years with the same battery. Just had it checked and going strong. When I lived in Arizona, getting a battery to last more than a year was shear joy.
The land rover at 13:40...ur in NC right? What auction are you at on this one? Going to Kenly tomorrow to preview for monday, looking for LR4s and Pacificas, is this sale nearby?
You a car Vlogger in my opinion. Broadcasting your daily work life and informative commentary
Dealerships are like Casinos, the house ALWAYS wins. The only way to win is not to play….
You are a UA-came! Haha. Great content! Showing the real world of the industry! Educational! Absolutely 💯
I just bought a new 2024 Honda CRV AWD. Got 16k in trade for my 38k mile 2018 VW GTI. Put down an additional 5k. Financed the remaining 15k over 36 months at 2.9% through Honda Finance. I feel like I got a hell of a deal.
Thanks for the info
back in the 90's, i went with a buddy who had a small used car lot, he dealt with cash only. went to a variety of auctions in the orlando area. i'd drive back one and he'd tow back one. i just enjoyed going to the auctions and seeing all the cars. back them you could buy a decent vehicle for a buck fifty or sometimes less.....
Not anymore.small dealership goes there.i bought a vehicle from a guy.he own dealer say he goes to the auctions
Like your videos!! but you been saying ITS OVER for longest lol 😆 😆 😆
My 04 LeSabre runs so sweet up here in Alaska, I only use my 2000 GMC 4x4 when I have too.
Jeep? Ford? Not paying 30,40,50,000 for known reliability issues. And speaking of jeep wranglers. There must be an easy 70-100 jeep wranglers in the Mercedes overflow lot. I don’t understand that one
Got a 2022 Subaru completely paid off as of last week and the manufacturer warranty still applies for two more months.
My 98 Nissan is paod off....if I had a 22 I would be paying it off for 22 years 😂
Seeing those makes me very glad I found my Volt at the price and mileage I did.
That Subaru may have sunroof drain hose that disconnected, which causes water to drain through the A pillar fabric.
Very common problem on early gen CTS models, and can happen to any car that's older and the drain hose shrinks or just has the clamp work loose.
That rav4 is a S12,000 or less (retail) vehicle here all day long.
Love your channel Bro
The Saturn Sky is still one of the best looking cars GM ever made.
If you're blind. Not even in the same galaxy as a '57 Bel Air or a '67 Camaro
Was that an Opel car, rebadge?
I second this. I also seen where someone put a 2JZ engine in it. The exhaust noise was like music to my ears.
Really? Corvette, camaro, Cheverly? Buick regal, grand national? Pontiac gto, firebird? I mean that's just to name a few...
You may not be aware how long gm has been making vehicles lol
The rav 4 got gently hooked on something under the wheelwell/front fendertbumper as they were pulling out. I had that happen to me and it popped fasteners but didn't do any damage but the seams never quite were the same under the light after wards.
Say no and walk away, people. That's all it takes for that's market to get reasonable again.
Mark my words the END of the economy is NIGH
Right, the sky is falling Chicken Little.
Absolutely no context for history. We had the panic of 1785, Depression of 1807, the long depression of 1873, the post WW I recession, the great depression of 1929, 1973 fuel crisis and recession, the great recession of 2007-2008, the COVID recession and many more but now is the end of the economy. Brilliant.
You need to get out more and learn what has come before you.
I had a 2020 Toyota RAV4 from the rental company while my truck was in the body shop and to be honest with you it was a tin can of a noisy car I was shocked I thought it was going to be so much more refined than that
That RAV4 is probably one of those dumb vehicles that you need to remove the bumper cover to replace bulbs. Poor job putting it back on.
It is. I have replaced my friends light and it was an all day affair.
You gotta be kidding. I wonder if my Kia is like that? Probably not the 2024 has all its lights up high right under the hood so probably gotta get to mine through the hood. Most Kias are easy to work on...
I love how the Saturn Sky handles.
I've been praying for decades for the stuff and fluff to get the hell out of trucks..... Apollo eleven didn't pack so much bull crap. They need to get back to reality again.
I’m really happy that I was able to buy my Vegas yellow 2016 Audi tts when I did. We settled for $26,000 and I financed for $22,800. The current market values them at $21,000 so not alot of negative equity 😊
love the auction videos
Man I’m 6’2” and I drove a Solstice for 5 years. Way more room than an old school Miata. I had to lean the seat back far as it could go and sat halfway up the back part of it. I even drove it back and forth from IL to FL 4 times. Still one of my favorite cars I’ve ever owned.
I have waited for 2 years now for the Toyota Sienna hybrid. The MSRP for 35K for the Toyota Sienna Hybrid, but the dealer asked me to pay for it 58K.
Tyger auto sells the roll up covers. Great value too. But if you run it through a carwash, make sure it's not rolled up.
I agree that this brand cover has held up for me, here in florida. I amor-all it every few months. 3 years going and still good.
What engine was in the F150?
After walking away from 3 places i bought a damn salvage rebuilt truck and a warranty 8900 under book.
I work for a bank in indirect auto lending and our flood gate are back open. Not sure where you get this info.
I am Polish but I lived in United soviet states of america for 4 years when i studied. You guys live way above your means. I have never had any credit in my life. I buy only with what i have.... and for now i have a few k silver bullion rounds. Waiting for 43/oz to get rid of it heh
You have to say how it works for Poland too. If someone in Poland wants to have a new car, they just go over the border to Germany and just steal one. As Americans can’t do this, they have to get the cars with money. As such they finance.
@@kgfgfg1 not really, when i go to Germany i look for our Polish art stolen by Germans during WW2. The art Germans still have in their museums till this day. Stolen from Poland during WW2 and never returned :)
Germany should be accountable for what they have stolen during ww2. Lwt them give Poland war reparations ( the country destroyed the most - percentage wise during ww2 ) i think 5-10 trilion USD would be right amount
Many would suggest being Polish tends to explain your cheapness.
Im sitting on silver also, i am watching the value climb daily. Last i bought was april 1st. At 25.16 (and i thought that was kind of high).
Love your videos. I’d like to know how much dealers pay as well as how much they plan to sell them for and how much most of them are making off these auction vehicles.
Watching you climb in the Sky reminded me when I "attempted" to climb in an MG once...🤣 after I finally got in (top up) I had to get out, it wasn't happening, I had to lean out the door, put my hands on the ground and crawl myself out head first, feet last.
I love those mini cars but for that reason, never bought one
Saw a Wrangler 392 4x4 for 90K. Why the hell is it that expensive?
I bought a VW New Beetle 2.0 convertible as "broken" for $3,100 and repaired it in the car garage with friends and with a new roof ordered in Germany. At the end it cost me $7,400 and it has 14,000 miles on it. 2.0L turbo.
I'd never take a out a loan for a car. It is an utility.
12,800 on a 4 year old car with 127k miles when the new one is like 25k......just go new
I bought an older Buick for $2000. It doesn’t have the bells and whistles of a new car but what bells and whistles it has work. Also it gets bit as good of gas mileage as a newer car.
I like the trifold covers best of both worlds, sure you sometimes still need to take the full cover off but not usually depending on what you are hauling. I can fit 3 kayaks in the bed without taking it off. Sure they hang out the end a bit but they fit.
When you go to a action, i liked when you showed Alex and the cars you bought at the end of you show.
Yeah, this dude is "BAT SHIT CRAZY". Seems as if everyone involved with autos think they are worth WAY MORE THAN THEY ARE, lol, it seems they cannot realize that EVERYTHING is OVERPRICED!!
it’s a market if it sells it’s not overpriced
Buddy, if people arent buying new vehicles used prices have to go up... and obviously people are buying at higher rates because they dont have a choice... Dealers are just capitalizing on it.
Kind of a new thing we're seeing as of the last couple of months is factory to auction vehicles. Lots have no room for them or don't have the allotments. All brands, mid range to top trim levels. It's getting real folks...car market is in trouble!!
Those cars are being sold by floor plan finance companies because dealers don’t know how to move them.