I’ve been hearing a lot of people saying it’s a buyer’s market but I just went to get a Ram rebel and they wouldn’t budge a penny on the price they had a full lot of 24 and 25 vehicles I guess they can keep them
That's your problem you'll have to negotiate before you arrive at the dealer. Email few different ones and then discount and price breakdowns have been given then you arrive. Because if you just show up they won't budge.
When I go to negotiate for a used vehicle and can't get a good deal. I tell the sales guy - I got two words for your manager before I walk out. Bracing for an F-U, he's usually surprised to hear "KEEP IT!"
@@xiondFirst yes they will if you say I can put a deposit down now. e-mail, call, text is an actual waste of time. You got here, say you want it and want a better deal. The thing you can't do is let them wear you out. I've always bought a car going in and walked out in under 45 minutes. If I can sense *THEY ARE NOT SERIOUS* I walk within the first 20.
That said, quite a few people I know bought expensive Toyotas when they could barely afford them. My soon-to-be in-laws have a $1,000 a month car payment on a grand highlander
@@RK-ow1zg yeah, no question a lot of people are overextended with new vehicle loans and mortgages... Everything is just way too high ... Something needs to give .....
All that surveillance/data collection tech will be eventually be used to enforce the coming k*ll switch, as well as enforce the weekly mileage allotment, distance limits we're allowed to travel from our houses, and days of the week we're allowed to drive. And all because muh climate change.
Great report. I dont think the makers will reduce prices; they will reduce volume. Even Ford has said they dont want to be the largest volume seller, the want to be the most profitable.... The Korean (crappy) brands do well w/ volume. Hyndai, Kia, and their equally crappy luxury brands will continue to expand in volume.... and in the volume in repair shops.
This wasn’t a report. Not a single shred of what he said was based on real data. It was all opinion/predictive. “They predict numbers will be up 6% over last year. Well looks like sales are up over last year.” Do you see the problem here?
If interest rates go down again, people will buy again. However it may kill the supply and then demand will go back up and so will prices. American auto workers also want too much $$$ per hour which also leads to price increases
People being paid a living wage isn’t causing these insane prices and if anything steel import tariffs would have a bigger effect on price. Blame the endless safety regulations and hybrid mandates and Drunk Driving recognition SPYWARE. Plus that doesn’t even include major auto companies locking features BUILT INTO THE CAR behind electronic paywalls like BMW with heated steering wheels. America could have the cheapest, and most reliable cars in history but the government-corporate landscape makes that impossible
@ hi conspiracy theorist how are you? Let me explain something to you.. so back in 2020 when Trump handed out the stimulus check, stupid people decided to use that money for down payment on cars or houses or they just bought stupid electronics. Thus, killing the supply and creating a demand or shortage however, you wanna look at it and then the prices went insane. When it comes to food prices, after lockdown, nobody wanted to work, so businesses started offering people higher wages, along with sign on bonuses thus driving the cost of everything else, including food.. my daughter got her first job at target making $26 an hour. My neighbor son works at Burger King and he makes $24 an hour and that was his first job and this is in Ohio.
American auto workers bust their asses every day. They were essential workers, during the "deadliest pandemic since the Spanish flu." They deserve a decent wage. You act like they should make the same as fast food workers, while breaking their bodies. Maybe you should entertain the idea of trying your hand at the industry.
You're better off with a 40 year old car anyway. Far easier to work on, parts are much cheaper, you don't NEED all the BS in new cars. They sit and do nothing 99% of the time.
Thanks for sharing that Ben. What's interesting is that here in DFW Texas, Toyota dealers are putting higher markups on brand new 2025 Toyota Corollas. I asked a few dealers why and they said the demand is much higher than the supply of Corollas. The dealer near me gave me an out the door price quote of $28,000 for a new gasoline 2025 Corolla LE sedan and he said that's his best and final price.
EV sales could have been a tsunami of purchases for 1 thing in my opinion . So much confusion over the EV credit crap. Buy the car . Do your taxes and maybe you get something back. What the hell? Go to the dealer . Whatever MSRP is minus 7500 right at the dealer . Done deal.
It's a joke. Taxpayers will have their pockets picketed either way. Auto makers will either get their price for vehicles, else Federal bailouts and loans at taxpayer expense.
Hopefully Trump won't play that game.. if .gov is going to hand out billions to help the automakers it should be in the form of a tax credit for consumers. Either way the automaker gets the money, might as well help normal people while they are at it.
Liar Loan defaults are up Loan approvals are down Dealership lot inventory is maxed out Automakers are laying off production workers Ben. You are not accurate
!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
These videos crack me up…the market could go up but it could down go. Genius
He missed one it could stay stagnant!!😂😂
😂😂
I’ve been hearing a lot of people saying it’s a buyer’s market but I just went to get a Ram rebel and they wouldn’t budge a penny on the price they had a full lot of 24 and 25 vehicles I guess they can keep them
That's your problem you'll have to negotiate before you arrive at the dealer. Email few different ones and then discount and price breakdowns have been given then you arrive. Because if you just show up they won't budge.
When I go to negotiate for a used vehicle and can't get a good deal.
I tell the sales guy - I got two words for your manager before I walk out.
Bracing for an F-U, he's usually surprised to hear "KEEP IT!"
@@xiondFirst yes they will if you say I can put a deposit down now.
e-mail, call, text is an actual waste of time. You got here, say you want it and want a better deal.
The thing you can't do is let them wear you out.
I've always bought a car going in and walked out in under 45 minutes. If I can sense *THEY ARE NOT SERIOUS* I walk within the first 20.
How much were they asking? I got a 2020 over the summer with 30k miles for $46k after all fees
Prices will not come down, this is all by design. You will own nothing
That’s a proper take; with loans in mind the higher the price the longer they own it. Literally artificial net worth.
@@JoeSlaxon and you will be very very happy.....😃
They will in a recession when sales drop by double digit percentages.
You fvill eat ze bugs
One thing we must remember, alot of people in this country have a lot of money.......No not me but the other guy does lol...
This is why we need a wealth tax and higher income taxes
That said, quite a few people I know bought expensive Toyotas when they could barely afford them. My soon-to-be in-laws have a $1,000 a month car payment on a grand highlander
@ I'm not gonna argue the point, but I don't agree with you at all.....
@@RK-ow1zg yeah, no question a lot of people are overextended with new vehicle loans and mortgages...
Everything is just way too high ...
Something needs to give .....
@@RK-ow1zgtell us your a Marxist without saying your a Marxist…
Next they will add subscriptions to car purchases for usage
Don’t they already have subscriptions in the form of leases?
@@RK-ow1zg yes, it is a form of..........but subception services on autos "purchased" is what's coming next.
All that surveillance/data collection tech will be eventually be used to enforce the coming k*ll switch, as well as enforce the weekly mileage allotment, distance limits we're allowed to travel from our houses, and days of the week we're allowed to drive. And all because muh climate change.
Great report. I dont think the makers will reduce prices; they will reduce volume. Even Ford has said they dont want to be the largest volume seller, the want to be the most profitable....
The Korean (crappy) brands do well w/ volume. Hyndai, Kia, and their equally crappy luxury brands will continue to expand in volume.... and in the volume in repair shops.
This wasn’t a report. Not a single shred of what he said was based on real data. It was all opinion/predictive.
“They predict numbers will be up 6% over last year. Well looks like sales are up over last year.”
Do you see the problem here?
If you're going to record in your garage why not consider some acoustic panels on the walls and ceiling to help with the sound?
Ben thanks for the update
Got the Ted Kasinski look almost complete...big difference from the early days Ben.
There are lots of incentives for new car purchases!! December lots of zero percent financing!! So see how the sales are in Jan and Feb 2025!
I think the new car market is overvalued. Most new cars are trash when they roll off the assembly line.
Along with what little quality and reliability left….
Dang Ben. You look GREAT with that beard my man. I hope you keep it.
We need to break up GM and Stellantis. More companies=more competition=lower prices
If interest rates go down again, people will buy again. However it may kill the supply and then demand will go back up and so will prices. American auto workers also want too much $$$ per hour which also leads to price increases
People being paid a living wage isn’t causing these insane prices and if anything steel import tariffs would have a bigger effect on price. Blame the endless safety regulations and hybrid mandates and Drunk Driving recognition SPYWARE. Plus that doesn’t even include major auto companies locking features BUILT INTO THE CAR behind electronic paywalls like BMW with heated steering wheels. America could have the cheapest, and most reliable cars in history but the government-corporate landscape makes that impossible
@ hi conspiracy theorist how are you? Let me explain something to you.. so back in 2020 when Trump handed out the stimulus check, stupid people decided to use that money for down payment on cars or houses or they just bought stupid electronics. Thus, killing the supply and creating a demand or shortage however, you wanna look at it and then the prices went insane. When it comes to food prices, after lockdown, nobody wanted to work, so businesses started offering people higher wages, along with sign on bonuses thus driving the cost of everything else, including food.. my daughter got her first job at target making $26 an hour. My neighbor son works at Burger King and he makes $24 an hour and that was his first job and this is in Ohio.
American auto workers bust their asses every day. They were essential workers, during the "deadliest pandemic since the Spanish flu." They deserve a decent wage. You act like they should make the same as fast food workers, while breaking their bodies. Maybe you should entertain the idea of trying your hand at the industry.
You're better off with a 40 year old car anyway. Far easier to work on, parts are much cheaper, you don't NEED all the BS in new cars. They sit and do nothing 99% of the time.
Here Kitty kitty….
Thanks for sharing that Ben. What's interesting is that here in DFW Texas, Toyota dealers are putting higher markups on brand new 2025 Toyota Corollas. I asked a few dealers why and they said the demand is much higher than the supply of Corollas. The dealer near me gave me an out the door price quote of $28,000 for a new gasoline 2025 Corolla LE sedan and he said that's his best and final price.
Going up in 2025
EV sales will drop when the government takes away the incentive.
EV sales could have been a tsunami of purchases for 1 thing in my opinion . So much confusion over the EV credit crap. Buy the car . Do your taxes and maybe you get something back. What the hell? Go to the dealer . Whatever MSRP is minus 7500 right at the dealer . Done deal.
It's a joke. Taxpayers will have their pockets picketed either way. Auto makers will either get their price for vehicles, else Federal bailouts and loans at taxpayer expense.
Hopefully Trump won't play that game.. if .gov is going to hand out billions to help the automakers it should be in the form of a tax credit for consumers. Either way the automaker gets the money, might as well help normal people while they are at it.
@@jonathantaylor6926 Trump? Let's keep this civil. "Won't play that game"? MAYBE HE WILL HAVE A HEART ATTACK. That must be what you are referencing.
A nothing burger 🍔.....
Don’t worry those tariffs will really help lol
Shave and clean cut is always the best.
Keep up the great work!!
Just beginning
Yo dude the homeless hippy look went out of fashion 50 years ago! It's not helping your credibility any. Just Saying.
Liar
Loan defaults are up
Loan approvals are down
Dealership lot inventory is maxed out
Automakers are laying off production workers
Ben. You are not accurate
!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
look up her name on the web for her website.
Trump's first day will be bailouts.
Dude, you going for the Unabomber loll or what 😂😂😂. You needs some coin for a haircut and beard trim
I think it will soon in 2025