Will Car Prices Crash Soon?

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  • Опубліковано 25 гру 2024

КОМЕНТАРІ • 72

  • @michaelfrock2473
    @michaelfrock2473 Місяць тому +10

    Maybe jump into the market if they offer 20k off and 0% for 72. At some point the manufacturers will have to do something impressive people can’t afford anything these days.

  • @JimThompson-i3u
    @JimThompson-i3u Місяць тому +24

    The best incentive would be for CAFE & the EPA to cease existing so car manufacturers could make vehicles people actually want.

    • @steven4315
      @steven4315 Місяць тому +1

      Requires Congress to repeal several laws.

    • @rodjones812
      @rodjones812 Місяць тому +2

      If the EPA was gone you wouldn’t have to worry about fuel mileage for long because the water & air would take you out. 😂

    • @rhr19eighties
      @rhr19eighties Місяць тому

      @@rodjones812😂😂😂 Sure!!!

    • @jasongrooming36
      @jasongrooming36 Місяць тому +2

      @@rodjones812doubt it. Just take it back 20 years and it’s fine.

    • @datapark9118
      @datapark9118 Місяць тому

      Ya and I bet you still want lead in your gas

  • @SWFLSlimJim
    @SWFLSlimJim Місяць тому +12

    Buyers market? Still looks like a dealers market to me. But I’m patient I can buy after the bankruptcy filings.

  • @erics8696
    @erics8696 Місяць тому +4

    There won't be a bump in new cars because people don't have the money. And how many people who paid over MSRP a few years ago are now way upside down on those cars. Just spoke to an insurance agent who said premiums are up because of all the sensors and cameras and the like they put in the cars now which won't help you from the idiot on their phone not seeing the light is red, cost a fortune to fix.

  • @dancerjim
    @dancerjim Місяць тому +3

    No because all the flooded cars in Florida and North Carolina have to replaced.

  • @timothythompson4036
    @timothythompson4036 Місяць тому +5

    Good video. Here's my take. Next year in 2025 there will be a lot of lease returns. Used car prices will crash next year.

  • @KA9DSL
    @KA9DSL Місяць тому +6

    Hi Ben, if car prices do go up, sales will go down. My prediction.

    • @mpiny
      @mpiny Місяць тому

      Kro black rock scam

  • @jfausset
    @jfausset Місяць тому +9

    I wrote, “let it burn” as the first comment. It’s gone now. Big woop. But the friendliness and sympathy of these channels, who lure you in with feigned honest market analysis, just reveal how much the commentary is in the pocket of the industries on which they comment. Consumers have been under the spell of marketing for decades and look where we are. These industry friendlies who pretend to give “unbiased” analysis are going to lose their audience outside of the industry sellers.

    • @DemocratsRDemons
      @DemocratsRDemons Місяць тому

      If it disappeared within 20 sec, it was the YT algorithm.

    • @michaelfrock2473
      @michaelfrock2473 Місяць тому

      @@DemocratsRDemonsyep that algo has been super active across all channels.

    • @timothythompson4036
      @timothythompson4036 Місяць тому +1

      @@jfausset Dude, look, the dealers and manufacturers have to make a profit. It isn't a charity. Everyone has to make money or no cars. Unless you want to live in a Communist country?

  • @MrPauloAmf
    @MrPauloAmf Місяць тому +2

    We are about to have hyperinflation, if you do not buy before mid 2025, you will pay crazy prices.

    • @brosifstalin415
      @brosifstalin415 20 днів тому

      I'm buying in about two months. Tons of deals around me

  • @stevejohnson1321
    @stevejohnson1321 Місяць тому

    Some fiat-chrysler models won't sell at any price. I'll be interested to see what happens.

  • @JayZx777
    @JayZx777 Місяць тому +2

    Supply and demand will dictate the prices. With bedenomics or kamalomics the car prices will for sure continuento be unaffortable. In USSR, cars were lexury and our current leadership is pushing for the same.

    • @micker9830
      @micker9830 Місяць тому

      You think the car prices have anything to do with Biden? I'm not a fan of his, but come on, this was all due to the Covid shutdowns of the car companies and much lower supply. There is no one on the planet, who could have been president, that could have changed how car prices are now.

  • @GerryHavican
    @GerryHavican Місяць тому +1

    I am thinking that people will get better deals next year because alot more people will be unemployed and there will be alot of 24 models on the dealerships lots and some 25 models.

  • @davids.9834
    @davids.9834 Місяць тому

    Just like student loans, the price of cars is dictated by the amount of financing the banks are willing to give. Most people dont care about the overall price... just that monthly payment. For those of us who hate to perpetually be in debt...... and pay cash...... pony up if you can or drive an older car and relax knowing your saving a ton of money. Prices are probably not going to drop and im ok with that.

  • @reggiesingleton7024
    @reggiesingleton7024 Місяць тому

    Thanks for the update Sir!!

  • @lot2196
    @lot2196 Місяць тому +4

    EV's have been a disaster for average people who don't even want them. They drove the prices up on everything.

  • @KenMcCune-wb3jp
    @KenMcCune-wb3jp Місяць тому

    Thanks Ben for the Information car market

  • @leigpx
    @leigpx Місяць тому

    I think this all depends on if Ben decides to buy yellow pants.

  • @danielmiedema5836
    @danielmiedema5836 Місяць тому

    I think alot of people will be looking at 23 year models or 24 models at a big discount. And 25s will be sitting on dealer lots

    • @craigc1879
      @craigc1879 Місяць тому

      We saw a ram, dodge dealer with 2023s stacked, 10k above msrp

  • @johnsanford3596
    @johnsanford3596 Місяць тому

    Some buyers, like me, are hoping to time it to buy just before the stock market tanks when the recession kicks off. Why? Because I will essentially short the market to pay for my new car. I don't care about interest rate incentives save as a factor in pushing OTD prices down.

  • @pl5861
    @pl5861 Місяць тому +5

    What are you, Grizzly Adams now?

  • @michaelmclovin5098
    @michaelmclovin5098 Місяць тому +2

    Will car prices crash soon? No, the manufacturers and dealers will go belly up or beg for a bailout before they lower prices, practically speaking, they can't lower prices because of the direction being forced upon them by government mandate.

    • @mpiny
      @mpiny Місяць тому

      Idiot and clown behavior

  • @goodmanvolley
    @goodmanvolley Місяць тому

    We are always planning for the last cycle.

  • @DemocratsRDemons
    @DemocratsRDemons Місяць тому

    I just got 20K off a 2024 Ram Rebel Level 2 with the Hemi. Loaded up, pretty luxurious, full sized pickup for a little over 50K. Not going to get much better than that...

    • @diavolow9
      @diavolow9 Місяць тому

      Im interested what state can you hook it up

    • @DemocratsRDemons
      @DemocratsRDemons Місяць тому

      @@diavolow9 nationwide 15% rebate on 24 Rams plus all the markup. call around. Im in AZ.

  • @redd7188
    @redd7188 Місяць тому

    You are looking more and more like Dutch Mantell when he was young.

  • @salimrandall
    @salimrandall Місяць тому

    You’re bulking up quick. You’re looking like Paul Bunyan.

  • @marktweet7395
    @marktweet7395 Місяць тому

    Hope so

  • @antonio576
    @antonio576 Місяць тому

    Agree with you

  • @davidporter7051
    @davidporter7051 Місяць тому

    for everyone crying about prices. Prices are what they are and prices don't drop. 2008-09 manufacturers just stop producing.

  • @jimmulderig743
    @jimmulderig743 Місяць тому

    Agree 👍👍

  • @rickclark4714
    @rickclark4714 Місяць тому

    Two more weeks!

  • @mpiny
    @mpiny Місяць тому +1

    Will the CAR MARKET CRASH 💥 SOON 😂 PROPER TITLE 😂🎉

  • @akwasiobeng2565
    @akwasiobeng2565 Місяць тому

    Land cruiser update

  • @lot2196
    @lot2196 Місяць тому

    No, they wont.

  • @antonio576
    @antonio576 Місяць тому

    BTW Hair AND BEARD are rockin !!

  • @logantcooper6
    @logantcooper6 Місяць тому +2

    I think the presidential election effect is a little overblown personally

    • @johnsanford3596
      @johnsanford3596 Місяць тому

      It happens every 4 years. It's purely a function of uncertainty. And it isn't solely because of the presidential election. All the OTHER offices being voted on matter as well. Setting aside the general question of the economy, when voters are deciding "guns or butter?", both the dairy farmer and the gunsmith are holding off on buying a new car.

  • @peterkennedy5596
    @peterkennedy5596 Місяць тому +2

    This guy knows NOTHING. Same bull crap ever video. Not a housing market expert, not even an auto market expert.