BREAKING POINT! The Car Market has Suffered a FINAL BLOW!

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  • Опубліковано 13 кві 2024
  • The new and used vehicle market has taken its final blow... Last quarter we saw record sales take place, that isn't because the car market is back to normal, it's due to dealers slashing the prices on their inventory. We have so many brand new 2023 models still just filling up dealership lots (in April of 2024!) That's unheard-of. Huge discounts and incentivized interest rates are what led to the high sales figures last quarter.
    In this video I talk through some new stats, facts and figures that are quite alarming. For these reasons, the new and used car/truck/suv market is showing signs of a huge downward swing. If you'd been on the fence of buying a new vehicle, watch this video... 2024 just might be your year to capitalize on it! I love it because NOW, a dealership's reputation actually matters... Whereas during the pandemic, dealers could treat customers like a number. Like another brick in the wall. The dealers that took advantage of people these last few years will truly struggle, and I'm okay with that. How about you?
    Here are some points I discuss in this video:
    - Manufacturers are dropping MSRPs… slowly but surely.
    - Jeeps… Cherokees, Pacifica, F150 Lightning, not enough $2K cherokees
    - Cheap vehicles are becoming more and more popular… Chevy Trax, ford Maverick, Nissan frontier,
    - MSRP hikes 36%
    - Markups are dwindling… TRX, TRD Pros, Siennas, Rav4s, Raptors (not R), RS6, G wagons… let me know the worst markups you’ve seen.
    - New vehicles… especially new trucks are 15-20% overpriced now. So 10% discounts don’t mean much…
    - Jeep over 60% price increase in last 5 years
    - It’s becoming a clear Buyers market
    - Incentives keep getting stronger…
    - Prices paid are going down… $47,200 average transaction price
    - Just under $50K during pandemic
    - Dealers are having to slash costs… floor plan costs are bleeding them dry. Wholesale auctions are no longer a reliable parachute.
    - $50K at 3% …$3900 in interest 60mo ($895 monthly).
    - $50K at 9%… $12,275 in interest 60mo ($1038 monthly).
    - Ford sales up 6.8%… inventory is going up much faster haha
    - Same for Tundra… 15,337 tundra sold in March, 11,247 Feb, 9,631 Jan.
    - Inventory levels 3M+ available new…
    - Like this because it’ll weed out the greedy dealers. Greedy dealers will drown themselves…
    - New deals better… used values plummet as a result. Good and bad…
    What do you think is next for the new and used vehicle market? Will it get better before it gets worse? Let me know.
    As always, I sincerely appreciate you all taking the time to watch... it means a lot! Thank you. If you haven't already, please consider Liking and Subscribing. Your support doesn't go unnoticed!
    -Stay Untamed...
    #carmarket #marketcrash #vehiclemarket
    ENGAGE WITH ME ON INSTAGRAM:
    @untamed_motors
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КОМЕНТАРІ • 574

  • @PlugNuster
    @PlugNuster 23 дні тому +146

    We officially are now living in "The Twilight Zone". I will ride a bicycle before I pay $100K for a pickup truck.

    • @UntamedMotors
      @UntamedMotors  23 дні тому +12

      Haha right!? Pure insanity… am I the only one not getting paid double since 2019? (You know, like these prices would suggest?)

    • @PlugNuster
      @PlugNuster 23 дні тому +2

      @@UntamedMotors
      Good choice of words, "Insanity".

    • @Mariposaland
      @Mariposaland 23 дні тому +6

      Smaller engines and bigger payments - Bidenomics at work. 🎉

    • @tommak6516
      @tommak6516 23 дні тому +6

      People want stripped vehicles for under $20k, take all the options, computers, fancy wheels and stick them.

    • @dlroWolleH
      @dlroWolleH 19 днів тому +3

      It was already official in 2020.

  • @MadFlavorz
    @MadFlavorz 23 дні тому +85

    Oh cool, $2000 off a vehicle overpriced by 40k! Its a start, yeah, but nowhere close to where things need to be.

    • @Maverick1791
      @Maverick1791 23 дні тому +4

      20% reduction is a minimum start!

    • @UntamedMotors
      @UntamedMotors  23 дні тому +4

      Haha yeah we have a waaaayyss to go, but at least it’s better than your typical MSRP hike each year!

    • @WarDaddy72
      @WarDaddy72 8 днів тому +1

      ​@@UntamedMotorsWhen I was a teenager I was always wondering how every year cars would always go up a small amount. That was thirty years ago and now we see where they have gone. It was bad when they went up 1000$ or do a year but 30% jump in three years is INSANE!!!!! Nobody can pay that price , ESPECIALLY with interest rates being so damn high.

  • @rigor601
    @rigor601 23 дні тому +48

    The fastest way to turn $80k into a $40k is buying a new truck they lose their value as soon as you drive off the lot🤣

  • @EPFForsyth
    @EPFForsyth 23 дні тому +57

    When all dealerships increased prices almost 80% none of this matters. Let the dealerships choke on their inventory. Lastly with inflation, gas prices, and interest rates it is just not worth it to buy a new/ used car.

    • @indycharlie
      @indycharlie 23 дні тому +3

      And Insurance increases !

  • @93henfan
    @93henfan 23 дні тому +179

    I'm sitting here playing the world's tiniest violin in sorrow for car manufacturers and dealers.

  • @mysterygarageCA
    @mysterygarageCA 23 дні тому +92

    I rather keep driving my 1972 ford F100. I paid $400 and still drives like a champ!

    • @Maverick1791
      @Maverick1791 23 дні тому +4

      I have a 02 Ford Explorer bought brand new in 01. After seeing the invoice of the pickup for over $100K, I’ll pay the upkeep for another couple of years until the manufacturers come to their senses. Don’t forget the unions play a big part in these ridiculous prices.

    • @UntamedMotors
      @UntamedMotors  23 дні тому +3

      Ole trusty! 🙌

    • @Maverick1791
      @Maverick1791 22 дні тому +1

      @@UntamedMotors As you described the old Toyotas. Very simplistic! Solid V6, no 14” monitor or electric motor. I’m curious to see your in-depth review of the 24 4Runner.
      My 02 Explorer has a 4.6L V8, 5 speed automatic & very little electronics to break down. Also I can do a lot of the work myself.
      My immediate reaction to the new 4 Runner is cautiously optimistic. A huge monitor & a turbo 4 cylinder? I can’t wait to see what the pricing is going to be?

    • @UntamedMotors
      @UntamedMotors  22 дні тому +2

      @@Maverick1791 I think we will all quickly realize.. old is gold. The complex new motors aren’t good for folks who actually want to work on their vehicle. I’m with you on the whole cautiously optimistic. Looks great but I’m nervous… excited to get behind the wheel.

    • @russelbrown6275
      @russelbrown6275 19 днів тому +3

      Hey you can drop $5-10k on your truck and restore it and have an awesome ride.

  • @vincecarluccio5018
    @vincecarluccio5018 23 дні тому +17

    “Smaller engine, bigger payment!” Great line!

  • @patriotone755
    @patriotone755 23 дні тому +24

    Let the new trucks and cars just sit. The consumer has spoken.

  • @1eyedwilli3
    @1eyedwilli3 23 дні тому +28

    $100,000 for a Chevy.
    GM. I’ll never buy a car from you again.

    • @UntamedMotors
      @UntamedMotors  22 дні тому +1

      It has become completely absurd 🤦‍♂️

    • @lockandloadlikehell
      @lockandloadlikehell 22 дні тому

      Blame their unions and socialist Republicans and Democrats

    • @Revenant_Knight
      @Revenant_Knight 8 днів тому +1

      @@lockandloadlikehell
      Yeah those Mexican unions really negotiated a massive pay increase. That’s absolutely why Toyota cut production and raised prices of the new Tacoma, and it has absolutely nothing to do with stock value and share holder returns.

  • @joevasconcelos3409
    @joevasconcelos3409 23 дні тому +55

    I make 170 a year and drive a 3000 dollar beater car. I grew up broke I can’t imagine people dropping 60,70,80k on a truck on payments

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Yeah the costs of things have just gotten out of hand… total lunacy now, I agree. =\

    • @lockandloadlikehell
      @lockandloadlikehell 22 дні тому

      ​@Swen-bk3kzonly online, huh

  • @nickcheema907
    @nickcheema907 23 дні тому +29

    Let the greed soak in and the train wreck begin

  • @makdaddy8399
    @makdaddy8399 23 дні тому +69

    Anyone paying $100k for a truck should have to be examined by a psychiatrist as part of the loan process.

    • @user-rw8fy8uh1c
      @user-rw8fy8uh1c 23 дні тому +1

      Even successful people who have an education and made something of themselves, or just jealous folk who can't afford these, like you?

    • @danielknepper6884
      @danielknepper6884 23 дні тому +1

      If you have to finance a vehicle and you cannot pay cash for it then you cannot afford it

    • @PhuckYoutube-dw7su
      @PhuckYoutube-dw7su 23 дні тому

      A coworker of mine thats a high level manager at Amazon (making ~70k/year) owns a TRX. msrp those are like 90k+

    • @user-mh5qg5jb7d
      @user-mh5qg5jb7d 23 дні тому +3

      @@PhuckUA-cam-dw7su No offense, but he isn't "high level" if he is only making $70k a year. Mid level is $200k+

    • @jeffzang6047
      @jeffzang6047 22 дні тому +1

      When you delved into the 24 Tundra stats I thought, “24 Tacoma says, ‘Hold my beer.”

  • @joshowens2219
    @joshowens2219 23 дні тому +18

    Nobody ever mentions why… maybe the us govt printing money out of thin air has something to do with it.

    • @rustbeltrobclassic2512
      @rustbeltrobclassic2512 8 днів тому

      minimum wage is too high, the unions increased pay for it's employees to compensate the increase in cost of living, but none of us middle class saw a dime, as such we are all feeling the blow of that wage increase. It happened last time they increased minimum wage, and the time before it.. People who make minimum wages don't understand that it's never been a wage to survive on, it's always been a kids job salary, or second job to do something because you have extra time..

    • @ssssaintmarcus
      @ssssaintmarcus 6 днів тому

      EXACTLY!!!! Say it louder for the boneheads that were supporting govt mandated lockdowns and destroying small businesses all over the country!

    • @ssssaintmarcus
      @ssssaintmarcus 6 днів тому

      @@rustbeltrobclassic2512no it was the govt mandated lockdowns and the fed printing trillions and trillions of dollars to temporarily boost the economy/stock market and increase the wealth of billionaires by 2-3x

  • @CarnutMM
    @CarnutMM 23 дні тому +27

    Automakers saw how dealers were doing markups, so they decided to join them and make the markup price the MSRP price.

    • @jameskocks4734
      @jameskocks4734 23 дні тому +1

      not the complete truth. the us government has made more safety features mandatory. your not wrong though.

    • @rickper
      @rickper 23 дні тому +4

      Your totally right, i have a friend that works for Toyota corporate, he said Toyota seen all these huge prices that Americans were paying with markups, he told dealers toyota would raise msrp and sounds like they did

  • @nitro_1986
    @nitro_1986 23 дні тому +39

    I went to Corwin Toyota in North Dakota last weekend looking for good deal on 2022 Tundra SR5 and dealer wouldn’t budge. Screw it, I gonna hold off and wait for Xmas end of year sale.

    • @user-jn9gv9ve6e
      @user-jn9gv9ve6e 23 дні тому +8

      for many reasons christmas is the best time to buy. i bought my tacoma 3.5 years ago on christmas eve. got 14 percent off msrp. i did check 6 toyota dealers and had to go to orlando to buy it. this place was serious about selling. they had 20 of them sitting on their lot. that was the difference between them and the other places. i also got the new year model not last years model.

    • @guzmancharles7
      @guzmancharles7 23 дні тому +2

      That’s what we are doing.

  • @yourmanzach2307
    @yourmanzach2307 23 дні тому +29

    that bronco for 66k should be more like 50k fully loaded. and the cheap sport version should start at 21k.

    • @UntamedMotors
      @UntamedMotors  23 дні тому +2

      I agree. I was sort of shocked to see $66K… 😳

    • @jamespostle6894
      @jamespostle6894 23 дні тому

      the sport is still an compact suv. Maybe 25 but not 21. Bronco should be 40-50k

    • @yourmanzach2307
      @yourmanzach2307 22 дні тому

      @@jamespostle6894 all compact suv should be low 20k this goes for the crosstrek, Kona, hrv etc. 25k for barebones is wild

    • @russelbrown6275
      @russelbrown6275 19 днів тому

      $35 at best

    • @ssssaintmarcus
      @ssssaintmarcus 6 днів тому

      This is a direct result of the big bad bed bug and the govts response to it. The fed printing shit tons of money the last 3 years is what fucked this whole society royally. Please keep that in mind and remember it next time they try to do it again, soon

  • @glisteningseeds1976
    @glisteningseeds1976 23 дні тому +8

    They made them less trucky and hiked the price. No thanks.

  • @yourmanzach2307
    @yourmanzach2307 23 дні тому +34

    its straight up stupidity. we have ourselves to blame. if we stood up and stopped buying new cars and trucks you would see a major shift!

    • @UntamedMotors
      @UntamedMotors  23 дні тому +2

      Agreed. Something has got to give soon…

    • @westtexas3001
      @westtexas3001 22 дні тому

      @@UntamedMotors Untamed fueled the fire himself. 😮

    • @hitchyourwagon4720
      @hitchyourwagon4720 7 днів тому

      This is just another symptom of a declining economy. It's all falling apart and it is our fault for electing idiots from both parties whose only solution is to spend money we do not have.

  • @livefreeandshred9818
    @livefreeandshred9818 23 дні тому +8

    I refuse to buy a truck at these prices. Even if I get a “good deal” they are still too much money

  • @timbaer8525
    @timbaer8525 23 дні тому +14

    Still have a local dealer in WI showing a $5k markup on a 2024 4Runner, they’re out of their minds

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      That’s ridiculous …especially right now 🤦‍♂️

  • @archie_bunker
    @archie_bunker 23 дні тому +53

    100k for a truck? lol they can all sit there for years and collect dust.

    • @indycharlie
      @indycharlie 23 дні тому

      Yeah yeah . Wait till Edith sees and wants one ..

    • @sabastian4858
      @sabastian4858 23 дні тому +1

      Most of them already have. Dealers still have 2022 from the "chip shortage". Imagine the floor cost.

    • @archie_bunker
      @archie_bunker 23 дні тому

      @@indycharlie you must be a car salesman lol

    • @archie_bunker
      @archie_bunker 23 дні тому +1

      @@sabastian4858 I laugh at these idiots that buy these over priced junk. I am sure indycharlie got suckered into buying one lol

    • @indycharlie
      @indycharlie 23 дні тому

      🤣....... 👎@@archie_bunker

  • @ryanrodgers6969
    @ryanrodgers6969 23 дні тому +8

    It seems like gouging customers is working just fine. They keep selling and idiots keep buying. No one should very pay 50k for a truck.

  • @anthonyiannozzi6777
    @anthonyiannozzi6777 23 дні тому +22

    They got rid of the Tundra 8 cylinder and that model is dying. The same fate may happen with Tacoma 4 cylinder versus the traditional 6 cylinder.

    • @indycharlie
      @indycharlie 23 дні тому +5

      Exactly , and there are reports already with this new 4 banger Turbo having issues.

    • @anthonyiannozzi6777
      @anthonyiannozzi6777 23 дні тому

      @@indycharlie You can best blame the idiotic government that is requiring higher mpg at the expense of engine quality. Another example of government over reach. Look how stupid Biden and the environmentalist wackos pushed stupid EVs that NOBODY in their right mind wants.

    • @christopherkozal7987
      @christopherkozal7987 23 дні тому

      Ok, go buy a Ford or GM then….oh wait

    • @anthonyiannozzi6777
      @anthonyiannozzi6777 23 дні тому +4

      @@christopherkozal7987 Fix or Repair Daily (FORD) leads the league in recalls. GM? Now that is even funnier. I am gonna hold my 2023 6 cylinder 4 Runner till they drive me to the morgue in it.

  • @jameskocks4734
    @jameskocks4734 23 дні тому +6

    wait til the end of the year. these stealerships will have to pay taxes on left over inventory.

  • @user-jn9gv9ve6e
    @user-jn9gv9ve6e 23 дні тому +33

    don't believe them when they tell you their invoice price.

    • @Csmolka2121
      @Csmolka2121 23 дні тому +1

      Ask for a copy of it then

    • @user-jn9gv9ve6e
      @user-jn9gv9ve6e 23 дні тому +6

      @@Csmolka2121 it doesn't matter what they give you they don't pay that much. they get kick backs and other incentives.

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Always best to see the actual charge and build sheet from the manufacturer

    • @Csmolka2121
      @Csmolka2121 23 дні тому

      And just like any business, they have to make a profit. They have to pay their employees and to keep the lights on. If you are getting a vehicle at invoice pricing + manufacturer discounts/rebates, you should feel confident that you are getting a good deal.

    • @user-jn9gv9ve6e
      @user-jn9gv9ve6e 23 дні тому

      @@Csmolka2121 i bought my tacoma new 3,5 years ago 24.600 tax, plates, everything. in 3 years they went up over 50 percent. my car insurance went up 100 percent in 2years. so i guess the dealers are going to go broke because people can't afford them.

  • @brucewilliams938
    @brucewilliams938 23 дні тому +7

    “Bird crap edition” got a like from me lol

    • @UntamedMotors
      @UntamedMotors  23 дні тому +1

      Haha those editions are quite coveted 💯 😂

  • @jimr3983
    @jimr3983 23 дні тому +17

    I refuse to spend more than 40k. They can keep them.

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Yeah remember when $40K got you a nice, mid-top trim vehicle?

  • @martinellis7156
    @martinellis7156 22 дні тому +2

    "things are looking bright for the consumer?" - wait until all the lay-offs take hold...

  • @hermanrogers1325
    @hermanrogers1325 23 дні тому +8

    I was looking at a 2024 Mustang GT last month in March and the price was $50,000 and after they marked it up with all the trim it was $60,000 not dimension. Finance charges with 8.5% and my insurance company was gonna charge me $125 a month For coverage and then I had to buy another insurance policy. Call gap Insurance And this is what a $9000 down payment so my down payment would be going to pay for the trims and the markup so I walked away from the deal too much added on debt to the new car they act like they wants to rob your blind. Just buy a new car. Good luck people.

  • @JA-zh5xi
    @JA-zh5xi 23 дні тому +8

    Prices need to come down 30% easy. I’ll keep my eight year old tundra limited bought it new for $43k. It will last another eight years. Never a single issue.

  • @aeneas116116
    @aeneas116116 23 дні тому +45

    I keep hearing how bad it is for the dealerships.. I am not seeing them drop prices and they still have mark ups and thousand dollars of add ons

    • @scotthopkins2235
      @scotthopkins2235 23 дні тому +5

      Same here, I saw markups on Mavrick Hybrids just last month. Yeah they are hurting sooo bad.

    • @pizzahunter808
      @pizzahunter808 23 дні тому +1

      Probably regional and depends on certain models/brands

    • @kurohyou69
      @kurohyou69 23 дні тому +2

      Definitely depends where and which dealer. Around my way, one dealer advertises 3-5k off MSRP for Tundras but 15 mins away, another dealer still sport market adjustments.

    • @tulmenkov
      @tulmenkov 23 дні тому

      Lots of good deals out there for used and new. You just have to look

  • @EvilMonkey7818
    @EvilMonkey7818 23 дні тому +7

    2.4L is fine for a sedan, but in a midsize truck? Keep your turbo boost, as it will die 100K miles earlier than the naturally aspirated engine. But that's what the feds command.

    • @jamesberry276
      @jamesberry276 4 дні тому +1

      And speaking of feds, drive around the DC beltway or northern Virginia during rush hour and you'll see who's actually still buying the new overpriced vehicles!
      Government employees (layers of nonessential bureaucrats!!)

  • @tazzel2699
    @tazzel2699 23 дні тому +8

    Don't think dealerships are in trouble at all. I offered 39k for a 42k vehicle at 6 dealerships in state and out. No deal. No negotiation

    • @monkeyhunkeytunkey
      @monkeyhunkeytunkey 22 дні тому +3

      I'm partial to that statement as well. Both the MFG's & stealerships have adjusted their strategy due to that world event 3 years ago. Not that I have really looked into to much but I suspect the stealerships are probably being floated on by some new financing agreement(s) or delayed interest program to sell their slow moving stock. Manufactures have changed by simply stating that there's a supply shortage and delays. The manufactures just simply raise the base MSRP on all their models, stop purchasing so much from their suppliers and produce in smaller batches. I firmly believe they're manufacturing a false crisis / exacerbate on current issues into justifying their new permanent price scheme. If several years ago a truck at $50k was overpriced and today they're charging $100k then when it comes time to adjust their pricing to meet market demand the new norm will by $65-70k. Manufactures will simply gaslight consumers into thinking they're saving $30k when it reality they raised the base MSRP by $15 without anyone batting an eye. If MFG's & Stealerships were making profits on a $50k truck, just how much are they making now for goodness sake, $20, $30, $40, $50k?

    • @icjkicks3630
      @icjkicks3630 20 днів тому

      @@monkeyhunkeytunkey not true if we made that much I’d be a billionaire. Most manufacturers don’t turn profits on cars only parts same as dealerships they make money really on service. Look at Tesla they make money on service and parts.

    • @monkeyhunkeytunkey
      @monkeyhunkeytunkey 20 днів тому

      @@icjkicks3630 You're telling me that 'most' car manufactures aren't turning a profit on vehicles and are only really making money off selling parts to dealerships? What incentive would there be to continuing their brands if the profit margins are so little? Why even spend the billions on R&D, certifications and advertising if they're only making a buck from servicing and interest from car loans? Car MFG's have incredible pull, they have political influence, they have purchasing power with suppliers. I can assure you that car MFG's are making a profit and will continue to do so. Perhaps the profit margins aren't as fat as what they used to be but I also doubt that because everything today is made to fail, usually after a warranty.

    • @bpb5541
      @bpb5541 20 днів тому +1

      In 9 months go in and do that same thing. You are too early.

  • @bonifaciopreciado4793
    @bonifaciopreciado4793 23 дні тому +63

    I won’t spend 70 Grand for a truck that depreciates as soon as you hit the road out of the dealership…. I rather spend 30Grand as a down payment for a house that it will give me cash flow every month… keep paying outrageous prices for trucks that are not worth that much ..Fools.!!

    • @giovannisanchez9826
      @giovannisanchez9826 23 дні тому +10

      Buying a house at the top of the housing market won't get you cashflow.

    • @bonifaciopreciado4793
      @bonifaciopreciado4793 23 дні тому +3

      Those are call investments…. If you didn’t know how is done don’t say it because you will look as a total ignorant … keep buying trucks I guess it will get you cash flow every month..!

    • @Ksass23
      @Ksass23 23 дні тому +2

      But if you have all that cash flow then you good to buy a truck lol

    • @guzmancharles7
      @guzmancharles7 23 дні тому

      So true👍

    • @bonifaciopreciado4793
      @bonifaciopreciado4793 23 дні тому

      I like to make money not to spend it .

  • @indycharlie
    @indycharlie 23 дні тому +5

    I wouldn't pay 81 K for that Capstone if it still had a V8 . I sure as hell wouldn't for the ready to explode , V6 Turbo !!

    • @UntamedMotors
      @UntamedMotors  23 дні тому +1

      Haha that’s a fact. Judging by how many top trim Tundras are just sitting on lots, you’re not alone on that man.

  • @danielknepper6884
    @danielknepper6884 23 дні тому +5

    Unless you can pay cash for a vehicle don't ever finance a vehicle the costs over 60 70,000. You will be trapped in it forever.

    • @ssssaintmarcus
      @ssssaintmarcus 6 днів тому

      Yes the goal is to pay banks as little as absolutely possible. Make interest work for you!

  • @paulwhite6367
    @paulwhite6367 23 дні тому +16

    Like real estate….prices will never really come down

    • @eng3d
      @eng3d 23 дні тому +2

      they must because they have no choice

    • @jeffbalog5161
      @jeffbalog5161 23 дні тому

      As long as you have stupid people they will sell, all we have to do is stop buying them.

    • @yourmanzach2307
      @yourmanzach2307 23 дні тому

      this is true... home prices aren't budging and interest rates have been going up a smidge. I got lucky, got new construction for 340k. 3 bed 1.5 bath .50 acre. walk in basement. very old houses in the area are starting for 300k.

    • @vincephan344
      @vincephan344 21 день тому +1

      @@yourmanzach2307 Depends on where you live, where i live, 340K and you'll get a shed with 20 square feet of grass for land. Everything here is close to a million

    • @icjkicks3630
      @icjkicks3630 20 днів тому +1

      @Swen-bk3kz a new car years ago was $9,000… when was the last time a car was $9,000? Prices aren’t going down really. Manufactures are raising MSRPs and our US GOVT is making everything mandatory that costs money come on now

  • @damacknificent151
    @damacknificent151 23 дні тому +24

    This country is caving in. How sad. The greatest nation and people can't afford to survive yet we give away millions and billions to other countries while ours fall apart. The thing is we can do something about it. We just dont stand united. We have to hold these crooks in government liable. Unity people

    • @totwallybaba
      @totwallybaba 23 дні тому +1

      The Electoral College and your local party/election controllers? Is that who you are upset with?

    • @lockandloadlikehell
      @lockandloadlikehell 22 дні тому

      No, stupid- we're upset with anti-Constitutional, warmongering, collectivist Democrats and Republicans.
      What are you confused about?
      ​@totwallybaba

    • @lockandloadlikehell
      @lockandloadlikehell 22 дні тому

      ​@@totwallybabaNo, s tupiT, we're upset with anti-Constitutional, warmongering, collectivist, trai tor Democrats and Republicans.
      What are you confused about?

    • @westtexas3001
      @westtexas3001 22 дні тому +2

      Agreed. It’s been a disaster since 2021.

    • @russelbrown6275
      @russelbrown6275 19 днів тому

      I suggest that people stop voting democrat and stop paying taxes. All you have to do is start a side business and you will never pay taxes again. Wake up and do what the rich already know.

  • @avantgardedntl
    @avantgardedntl 23 дні тому +13

    In my humble opinion E vehicles should cost 25-30% less than gas cars.

  • @robertyoung8289
    @robertyoung8289 22 дні тому +2

    Paid 107k for my small house in California in 86 now it list for 750k. I drive a 07 Ford Ranger 200k miles runs and looks brand new. Paid $7500 for it last year.

  • @lsmocyclist
    @lsmocyclist 23 дні тому +4

    I drive a 2015 Ford Edge sport..loaded with 135K..I can’t afford to replace it with same equipment just to be in debt for years

  • @billforrest9002
    @billforrest9002 23 дні тому +6

    Awesome review definitely keep up the amazing work 👍

  • @guzmancharles7
    @guzmancharles7 23 дні тому +5

    Don’t trust the industry, take for example Stellantis thousands of recalls. They making these new vehicles with cheap material, to much technology and the paint also in new cars sometimes peel and crack out and the most important remember the ‘LOT ROT’ Then you have the depreciation. EV’S the main problem is they are to heavy b/c of the battery, hard to fix, maintenance is a nightmare, no mechanics and insurances are charging a ‘Arm & Leg’ to insure. Great Video, Thanks👍

  • @ItzTheThrill
    @ItzTheThrill 23 дні тому +1

    Thanks for all of the content!

  • @patriotdrone9566
    @patriotdrone9566 23 дні тому +8

    Even at 50% off No Way in Hell I'm buying a truck at those prices. Only idiots would finance a new vehicle.

  • @ciddy206
    @ciddy206 23 дні тому +9

    Always a pleasure watching your videos

  • @brians9534
    @brians9534 16 днів тому +2

    Great report thank you!

  • @12toungeproductions
    @12toungeproductions 23 дні тому

    Feel like i haven’t seen these price drops in my area in the DMV, but thank you for the great video and market analysis

  • @thepositivelyfe8114
    @thepositivelyfe8114 23 дні тому +19

    in California, you see warehouse workers driving a brand new trundra/tacoma smh. People put themselves in financial in debt holes. This is why most people will be poor forever.

  • @Jackmerius_Tacktheretrix
    @Jackmerius_Tacktheretrix 23 дні тому +11

    You nailed it. Ive been saying this for the last couple years. You used to he able to get a 4wd 2031 Platinum or 1794 Tundra for 53k. Now a base SR5 costs more than the most expensive previous gen model. 71k for am SR5 sequoia is freaking Nuts! A brand new 2021 platinum was 60k.

    • @davida8052
      @davida8052 23 дні тому +2

      I don't even know who this Toyota Sequoia is marketed to?? If I'm going to spend 70-85k for an SUV I would rather get a Lexus GX because at least that has a luxury car badge.

    • @heavycream6682
      @heavycream6682 23 дні тому +1

      I just saw a new '24 Tacoma sport 4x4 on a lot it was $53k.

    • @indycharlie
      @indycharlie 23 дні тому

      Exactly !@@davida8052

    • @Jackmerius_Tacktheretrix
      @Jackmerius_Tacktheretrix 23 дні тому

      @heavycream6682 meanwhile ypu can get a ranger raptor starting at 55k. Ive seen plenty of them for 57k. Much cheaper than a tacoma and way more power. At least the ranger will offer the 2.7 ecoboost V6 as an option, with the 3.0 ecoboost going to the ranger raptor. Toyota needs to offer something else because Ford and GM are crushing them in the power department. GMs 2.7 4 banger makes way more torque than the taco. Sure, the hybrid helps but thats more cost and complexity. Im a long time Toyota guy but they have really lost me with this new Tundra and Tacoma. The Sequoia is not evem on my radar because there is no way I can justify paying 70k for a freaking Base SR5 with cloth seats and small wheels. The previous gen Sequoia platinum was under 70k, now they want me to spend over 70k for a steipped down version with cloth seats! Nope! I'll get a 2021 or wait for the new Armada.

  • @christopherrice1375
    @christopherrice1375 23 дні тому

    Lots of great information. Thanks for the video.

  • @vptube07
    @vptube07 22 дні тому +2

    in 1997 i paid 99k for my first semi truck Kenworth T2000 w/ cat 475 hp , today pu 100k -no thank you.

  • @fero-458
    @fero-458 23 дні тому +5

    Colorado folks: keep looking through private sellers -- stay away from Toyota dealers if looking for Corollas. We have been looking/watching for over six months ... talked to every dealer within 2-3 hours of Denver and no one, and I mean no one, at any dealership would budge on their ridiculously overpriced Corollas. At last, we have located a corolla through a private seller, 3 years old, low miles, clear carfax, currently being evaluated by our mechanic and guess what? The price is fair with no b.s. - 16,000. Toyota dealerships can kiss my you know what.

    • @303cris
      @303cris 10 днів тому

      corolla GR?

    • @fero-458
      @fero-458 10 днів тому

      @@303cris LE. I have the car now. Transaction was the least stressful car sale I have ever been through. I'm delighted.

  • @garyday6681
    @garyday6681 23 дні тому +7

    Only the lenders can stop this now. They need to only approve 1/3 of msrp on any loan.

    • @icjkicks3630
      @icjkicks3630 20 днів тому

      And if the car is a 2024 Chevy Trax 1LS FWD barebones base… MSRP is $21,495 and invoice is $20,995 who’s loosing the money or Mr. Customer are you planning on putting the difference down in Cash, Debit, Credit or Certified Check?

  • @mknervy
    @mknervy 23 дні тому +4

    2024 tacoma trd off road premium is going for $81,000 Canadian after taxes, fees, and finance cost at 7.4% with no markups, in canada and it's fkn ridiculous... almost 6 figures for a fkn mid sized 4 banger.

    • @kirk8359
      @kirk8359 23 дні тому

      Unfortunately all the oil patch workers will think that’s a great price and they will drive sales. I have a good job, make good money. I can’t even think about a base Tacoma. Even if I could afford it, I wouldn’t buy a Tacoma. Toyota is screwing us Canadians by not giving us the 4x2 and some trim options. Plus we don’t get the brown color I like.

    • @mknervy
      @mknervy 22 дні тому

      @@kirk8359 I was looking for the bronze oxide, it really isn't offered here.. but yeah man 80k for a mid size is wild. let's see how it goes, eventually ill give in sadly, thats just cause I really want one, but it's going to be a big dumb sacrifice to go that route

    • @pmscalisi
      @pmscalisi 21 день тому

      Do you even drive off road?

  • @donaldist7321
    @donaldist7321 23 дні тому +3

    it will be a two-tiered market: cheap (used) cars will remain stable, expensive stuff will go down a lot.

  • @greyangelpilot
    @greyangelpilot 21 день тому +2

    Keep your old Car/Truck. They're less complex, simpler to repair, and getting parts/insurance is easier than complicated, over designed/fancy pants new vehicles. When did vehicles go from having "Nice Lines" to a "Design Language" ?!? WTF !

  • @miguelpagansr6128
    @miguelpagansr6128 23 дні тому +3

    The federal government should put these people on trial and ask what justifies the price of these new vehicles just embarrass the shit out of them. People are paying more for less now a days, just shameful.

    • @icjkicks3630
      @icjkicks3630 20 днів тому

      How when our perfect US GOVT makes so many “safety” features mandatory and that costs money come on now. They deserve some blame it’s all about the bigger picture sometimes it’s not the manufacturers…

  • @994pt4
    @994pt4 22 дні тому +3

    "EV's gotta go"....yep!

  • @Beef_Supreeeme
    @Beef_Supreeeme 2 дні тому

    Imagine buying a new car off the lot knowing you're going to lose 20% the moment you sign for it.

  • @digital_0630
    @digital_0630 23 дні тому +21

    It’s unfortunate you have channels like Car Edge misleading people and encouraging them to buy at these inflated prices because they stand to make a few bucks when people use their services. Car Edge keeps telling their viewers MSRPs are up nearly 40% since 2020, but that they should go out and buy now because avg transaction prices have dropped 12% wtf? 🤯

    • @PhuckYoutube-dw7su
      @PhuckYoutube-dw7su 23 дні тому

      Sounds like you bought 😂

    • @digital_0630
      @digital_0630 22 дні тому +2

      @@PhuckUA-cam-dw7su nah. I’m mad cause these idiots won’t stop buying so I’m having to wait longer to pick something up 😂

  • @mikkinikki1902
    @mikkinikki1902 23 дні тому +3

    Feature video of rusty brake rotors to show lot rot stage would be cool...

  • @Maverick1791
    @Maverick1791 23 дні тому +1

    Great educational video!! Keep up the great work!!!

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Thanks a ton, brother. Appreciate that feedback! 🙏🏼

  • @MogulFarmer
    @MogulFarmer 23 дні тому

    Good data. Thank you.

  • @kevin1873
    @kevin1873 23 дні тому +2

    Our local Ford dealer is definitely doing some shady stuff. Over the last 3 weeks they quietly each week raised the prices on their new 2024 Mustangs by a total of $2,000 and then this morning sent out mass emails to customers that all new 2024 Ford Mustangs were being discounted by $1,000 🤣 They must think we're stupid or something.

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Smh… that’s pretty ridiculous. 🤣

  • @dannypinyan3949
    @dannypinyan3949 23 дні тому +12

    Our interest payment on our debt by the end of the year will be 1.6 trillion. That's just the interest on our debt. If I were to give you a dollar a second. It would take me 32500 years to pay one trillion dollars.

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      That’s absolutely insane to think about 🤯

    • @user-mh5qg5jb7d
      @user-mh5qg5jb7d 22 дні тому

      Trump added 33% to our national debt. So far, Biden has added 8%.

  • @Livefreewhileucan
    @Livefreewhileucan 23 дні тому +2

    You know. Even if prices do drop. People including myself, are so pissed at dealers, I may drive my truck for another 20 years. I just cringe at the thought of giving them any of my hard earned cash

    • @bpb5541
      @bpb5541 20 днів тому

      Do not get an auto loan... ever. Save up and pay cash... get a nice used one... timing about a year from now. The car market crash has just started it is going to get much worse.

  • @mikemcglauflin8985
    @mikemcglauflin8985 17 днів тому +2

    This is why junkyards are busier than dealerships. Better opportunity.

    • @jamesberry276
      @jamesberry276 4 дні тому +1

      Yep! & the lines are getting longer at the auto parts stores all the time too.
      It's almost like Cuba was for years but for different reasons.
      Just keep fixing the old vehicles till they disintegrate totally.

  • @yelapa999
    @yelapa999 23 дні тому +4

    Overpriced, overstuffed trucks sporting four pot engines with puffers. I'd imagine a dealer salesperson gets flop sweat when a truck customer wants a look under the hood or a test drive of the brand new wheezer. Ha!

  • @theKiddAlways
    @theKiddAlways 8 днів тому +1

    i use to drive toyotas when they were priced right but a few years ago i saw 60,000, 70,000, abd even vehicles priced in the 80,000 range so around 2021 i bought a BMW x5 stacked with all the options for a little over 70,000 and been happy driving it for the last 3 years. i will never pay that much for toyotas, dodges, jeeps. with their plastic type interiors and outdated tech cause if i am going to pay high prices i might as well get actual high end stuff and i've always done my own oil changes and upkeep and any car if you keep up on the care will last for a long time, well almost any company except jeep

  • @francoutah
    @francoutah 23 дні тому +4

    Thanks, dude. I really hope Toyota pulls their heads out. I love my Tacoma but she's not going to last too much longer. I bought her brand new for 21k back in '04. Now, they are putting 4-banger turbos in the Tacoma and 4Runner?! WTF I'm not as bummed by the price as I am the new motor and so called "upgrades". Maybe the new Stout will be reliable and affordable? Meanwhile, I am going to fix up my truck and drive it until the wheels fall off.
    BTW Is it me, or is "luxury truck" an oxymoron? I say screw luxury when it comes to trucks. I want to be able to load it up, take to hell and back without breaking a bunch of plastic electronic crap.
    Apparently, Americans want it and are willing to fork out mad money for it...

  • @digital_0630
    @digital_0630 23 дні тому +10

    Prices have nowhere to go but down as long as people don’t buy! How hard is that to understand?

  • @reynolds354
    @reynolds354 23 дні тому +1

    PERFECT comments on the Tacoma. Nailed it.

  • @JoeJoe6678
    @JoeJoe6678 23 дні тому +4

    Just ordered a f350 platinum tremor from Dwight at kg ford per your recommendation. Picked up an f150 for my stepson a few weeks ago. They did a great job. Just wondering what you think of the hd truck side.

  • @user-yn4cn3el5q
    @user-yn4cn3el5q 23 дні тому +2

    Unfortunately, this is what happens when you have automotive journalist reviewing cars and all they want to do is talk about big screens and all the electronic gizmos. If you watch reviews of the 2021 tundra, it was hated it was always marked as old.

    • @marcodarko6941
      @marcodarko6941 23 дні тому

      Same thing with all the electric vehicles they are trying to cram down our throats.

    • @ryanfraley7113
      @ryanfraley7113 21 день тому

      @@marcodarko6941Who’s forcing people on lots to buy new vehicles? If someone is being forced to buy a vehicle with a million touch screens please let me know so I can set that person free!

  • @appleiphone69
    @appleiphone69 23 дні тому +2

    With 4 kids, you are better off with a minivan. More practical, lower price and lower cost to operate.

  • @user-ig3kn2ly2x
    @user-ig3kn2ly2x 23 дні тому +2

    Hey.., ' I have an idea: How about they install a new feature that shows Drivers dumb enough to actually buy these outrageously priced cars...
    ....Just " How Far " up the Ass This Industry Has Gone, Goes, and "Will Go To Overcharge, '
    .....' 🤔 - Just To Make A Buck At The Public's Expense in a Failing Economy...!? ' 🤔🤨🧐
    The Dummy Light Turns a Bright Red, With a Symbol of a Red Triangle, With an Image of Homer Simpson Dropping His Pants Via An Alien Encounter, Once The System Indicates The Monthly Payment Shows PAID..! How's That Sound? 🤑🤔🧐✌

  • @TMoua79
    @TMoua79 23 дні тому

    Well, those dust need a target to hit. Those high price vehicles can be the mark. Thanks for the video.

  • @denisem6790
    @denisem6790 15 днів тому +1

    If your car payment has ended baby your vehicle - still budget the same money for maintenance and saving toward next one.

  • @americandude3825
    @americandude3825 23 дні тому +2

    I talked to my buddy who’s been a yota salesman for a few years.
    He said sales are really bad and they are basically negotiating down to nearly invoice to make new car sales.
    They are an amazing dealer and sold at or below msrp all through the plannedemic.

  • @davids.9834
    @davids.9834 23 дні тому +1

    Try 50% overpriced.
    Keep em.....
    I work for the government but as a licensed plumber, I also do side work. Once my old dakota craps out.... Im done. These people on facebook looking for plumbers can find someone else. Time is money and I would rather spend my time with my family than doing side work to pay for a 80k pickup.
    I will still work for the government, give up sidework, and just drive a Suburu Forrester.
    This is just one more reason why it costs so much to get any contractor to do anything, and why us older contractors are hanging up the hat. I personally don't enjoy charging grandma $800 to change a faucet. But with 80k in just the truck...... I cant work on the cheap anymore.

  • @jayfizzle7931
    @jayfizzle7931 23 дні тому +3

    Bird crap Edition 😂😂..The Bird crap package will cost ya another 20 grand 😂😂

  • @AutomotiveAnonymous208
    @AutomotiveAnonymous208 23 дні тому +1

    Hey Untamed, I’m curious which plug in mic you use for your phone? It seems to do a great job eliminating the wind noise. Thanks!

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      Hey man, I just use a Rode external nice that mounts on top of a handheld Joby selfie stick. Using my iPhone pro max.

    • @AutomotiveAnonymous208
      @AutomotiveAnonymous208 23 дні тому

      Thanks for sharing your set up! 🙂 I sometimes use a wireless lapel style mic with a wind muff, but I think a wired one might be better on iPhone recording videos. Do you use a muff over your Rode or just the basic set up?

    • @UntamedMotors
      @UntamedMotors  23 дні тому

      @@AutomotiveAnonymous208 no problem man, I use a fluffy cover (cat cover) for the mic to stifle the wind. It’s a must in windy Wyoming.

    • @AutomotiveAnonymous208
      @AutomotiveAnonymous208 23 дні тому

      I really appreciate you sharing! Idaho wind is no joke either, lol. Keep up the good work!

  • @GregCrayne-tj4gc
    @GregCrayne-tj4gc 19 днів тому

    BTW the 0% financing is offered by the OEM not the dealership ,they do not have the ability give it to you for 60 months

  • @jimmulderig743
    @jimmulderig743 23 дні тому +1

    Thanks

  • @EvilMonkey7818
    @EvilMonkey7818 23 дні тому +1

    It will be fun seeing new 2023 models still on some lots months from now when they're getting the 2025 models in. That will definitely be the case for the Mach E's and Ram trucks they can't offload to fleets.

  • @stuartloggins3691
    @stuartloggins3691 23 дні тому +5

    Im just going to build my own truck. I reduse to pay those high prices. I can wrench and paint a lot cheaper. I have a 97 Lexus wi8 105,000 on it so i wont need a car for a long time.

  • @overwhamming
    @overwhamming 20 днів тому

    To live in a major city, drive newish cars, own a home, have a family, and pay taxes requires more money than about 60% of the country makes.

  • @timxavier8922
    @timxavier8922 23 дні тому +3

    The greed got the better maybe now the bosses will understand we can’t afford there dreams anymore

  • @wj2791
    @wj2791 22 дні тому +1

    Car market, Stock market, job market, and Gov't debt all will crash. Nothing new.. Let it come.

  • @johnroberts4823
    @johnroberts4823 17 днів тому

    All due respect, that $100,000 GMC truck is a 3500 diesel truck used for commercial uses. I use mine to pull a 32 foot trailer with construction equipment on the back. I can’t use a normal 1500 with the base 4 cylinder that cost $59,000 to haul anything more because than a bass boat.

  • @jaredglass2562
    @jaredglass2562 15 днів тому

    We will not be paying those crazy prices. We couldn't afford it even if we wanted to. We will be sticking with older used cars until either our income goes up or prices come down.

  • @mrahmadimjkb
    @mrahmadimjkb 23 дні тому

    although most of the things you say is correct. Dealerships that do not have special APR in vehicles will never do 0% for a longer term if it’s not already offered.

  • @donnielama6459
    @donnielama6459 23 дні тому +2

    My daily is a 2011 Toyota FJ Cruiser TT. I will drive it until the wheels fall off. I want nothing to do with these new rolling computers. They are not affordable to buy or maintain. No thanks. Car Manufacturer's are letting the gov'ts put them out of business. They'll learn the hard way.
    I also must add: No one wants a 4-cylinder, turbo, hybrid truck!! Whatever "our betters" are smoking... I want some!!! :)

    • @marcodarko6941
      @marcodarko6941 23 дні тому

      You have said it all.
      As a loyal Toyota owner myself with a 2016 Highlander I plan to hold onto it for good. I am extremely disheartened by the path (downsizing engines) Toyota is taking and in the future will definitely reconsider staying with them.
      I remember when the Rav4 had its engine downsized in 2013 and thought that was HUGE mistake and now the Highlander or the Grand Highlander with a turbo four banger.. an SUV that's almost 4500 pounds.. no way! They are definitely smoking something.

    • @ryanfraley7113
      @ryanfraley7113 21 день тому

      Enjoy tethering yourself to Big Oil, I’m sure they will help you out in times of financial strife.

    • @donnielama6459
      @donnielama6459 21 день тому

      @@ryanfraley7113 LOL... Where do think the power for charging your batteries comes from?? Answer: Fossil Fuels.

    • @ryanfraley7113
      @ryanfraley7113 21 день тому

      @@donnielama6459 Even Toyota is heavily pro-hybrid, but excellent straw man to assume I was pro-EV simply because I mentioned Big Oil. Great debate tactic on your part. I’m not against people buying EV’s if they’re better for their individual use cases though. Also Toyota had their highest sales quarter for Tundra in a very long time selling hybrid Max. Just look at the numbers.

  • @fredanddebramacdonald2445
    @fredanddebramacdonald2445 9 днів тому

    I have two paid for vehicles, and can’t afford any of these new prices! My 2017 Chevy Impala just turned 43,000. It will be around here for a long time! To put things in perspective, my first new car was a 1971 Camaro with a 350 4-speed and stickered at just over $3,500.

  • @untheist5533
    @untheist5533 4 дні тому

    Cut these prices in half & that’s the true value of these vehicles.

  • @lookinforwater4344
    @lookinforwater4344 23 дні тому +2

    Bad enough the manufacturers have raised the MSRPs $30k “+…since 2019. Crazy that Toyota doesn’t offer the Tundra in a V8 option…some of use just don’t want a turbo engine or “Hybrid”.

    • @pmscalisi
      @pmscalisi 21 день тому +1

      You can blame the EPA and the WHO for no V8

    • @lookinforwater4344
      @lookinforwater4344 20 днів тому

      @@pmscalisi why…Ford, Dodge, Nissan, and Chevy all still make them.

  • @williamsporing1500
    @williamsporing1500 14 днів тому +1

    Build me a truck with no frills, for 20k and I might buy one.
    It’s kind of fun watching the auto industry and UAW epstien itself though…..

  • @marc196050
    @marc196050 12 днів тому

    Paid $1500 for 1999 Chevy 2500 hd. Runs like a champ and still looks decent.

  • @davida8052
    @davida8052 23 дні тому

    I'm in the market for a midsized truck now which is a bummer because it seems to be the one segment where trucks are actually selling. Trying to decide between a Canyon, Ranger or Tacoma.