The Best Cars to Buy in a Crashing Car Market

Рет қаралды 60,369

Күн бұрын

Пікірлер: 90

@vinpowe4181 3 ай бұрын

Hold out until Q4 if you can. Another 3 months of dealerships with full lots of cars but no customers might change their minds.

@jayson657 3 ай бұрын

The car market is NOT crashing! I don’t call slightly less ridiculous prices a crash.

@DanGilliland-pi4vh Ай бұрын

Yes it is, dealers can't afford to cut prices by 20% or so more.lots are totally packed, dealers are refusing any more allocations, combined with a totally broke average person combined with completely collapsing credit availability. Dealer floor plan financing cost that they pay on outstanding inventory is bankrupting dealers.

@Willythugg Ай бұрын

@@DanGilliland-pi4vh Hit the nail on the head with the floorplan financing. Across all dealer industries, dealers are refusing units from manufacturers.

@terrywalker7127 24 күн бұрын

I had an Audi A3 and after 6 years I only had 55,000 miles and kept having very expensive repairs due to cheap plastic engine parts. I keep a car for a very long time. I need a car that lasts and won't be a money pit

@edwardflorence5460 2 ай бұрын

Buy no car now. Wait until at least the end of November.

@johnkonde1975 3 ай бұрын

I agree that Toyotas depreciate less but the issue is that many Toyotas are still sold over MSRP due to low supply and high demand. For example here in Dallas, most new 2024 Toyota Corollas come with 2-3k in pre-installed accessories (installed at port by Gulf Toyota distributor) and so you end up paying over MSRP. Since Corollas are in low supply (26 day market day supply in May 2024) and high demand, it's very very hard to negotiate the price down. So when you pay thousands over MSRP for a basic Corolla LE, does the lower depreciation make much of a difference?

@movdqa 3 ай бұрын

I received a written offer for a Camry LE for $31,500 yesterday. It had a $1k manufacturer's discount but was still about $2k over MSRP. I have 2012 and 2018 models and could just drive them for another 6 years or so. So I'm just taking my time. I started shopping in 2022 when there just weren't any - you put in an order and hoped to get one eventually, at a much higher price than you were looking for.

@quixomega 3 ай бұрын

It's shocking to me that car scalping is still legal anywhere. The US is truly the land of business over taxpayers.

@jayson657 3 ай бұрын

Though the Corolla is no doubt a quality car I think the Mazda 3 beats the hell out of the overpriced Corolla. Mazda’s quality rivals Toyota and Honda’s lately. The Mazda has a bigger, more powerful engine, a conventional automatic transmission (not a CVT) and is just prettier and more luxurious than the Corolla. You can probably get the 3 below msrp too. I’d tell the Toyota dealer to go pound sand and check out Mazda.

@movdqa 3 ай бұрын

@@jayson657 The MSRP on the Toyota Corolla is $22,050. The MSRP on the Mazda 3 is $23,950. But I think that the actual Corolla that you can buy is actually a lot more expensive. My local dealer usually has a few of the really expensive models in the lot but they never have the Corollas, Camrys and RAV4 models that are a ton more popular. I've been driving Toyotas since 2000 and I've bought at my local dealer and have had the cars serviced there and it's been a great relationship. They can get me in for service quickly if I ask. So I'm inclined to just stick with them. Their cars are super-reliable and low-maintenance. The thing is that I can just keep driving my current cars until the economy weakens enough for even Toyota to provide steep discounts. This is the first time in three years that I'm seeing discounts, even if they are off higher prices because of added equipment. It's a good start.

@Gaston.- 2 ай бұрын

If you’re willing to search there are dealers with discounts in most toyota models. Usually the big cities have terrible pricing. The small towns usually have better dealers.

@VanCityDLLM 3 ай бұрын

Toyota Stealerships sell over MSRP. Sorry, no to Toyota this year!

@sueinraleigh3091 3 ай бұрын

The 2024 price I’m seeing on a 2013 Civic is the exact number I paid back then. Inflation is crazy.

@justl1234 2 ай бұрын

I had A 2001 civic with 160,000 miles I sold it to my lil cousin for 1000 dollars. They’re selling for over 3k rn crazy

@sueinraleigh3091 2 ай бұрын

@@justl1234 Nice! They have a strong market with young people for some reason. I am a healthcare traveler and I am really needing more cargo space for stuff. After shopping around here, I’m currently in El Paso, I decided I’d be a fool to get rid of that car. Never even been in the shop and has 259,000 miles. Currently shopping for small pull behinds, just below taxing requirements.

@josephbukal9850 3 ай бұрын

Just bought a Mazda CX-50 select nice SUV for price point.

@dawkrb 3 ай бұрын

The Tundras will be coming down hard in a few months...

@antonio576 3 ай бұрын

Excellent video, I am a subscriber and very much enjoy your channel. Could you please do a similar video for the mainstream full-sized picks and on whether it might be better to lease or buy in those in the current market. Primarily interested in your analysis of the F-150, Silverado, Sierra and Tundra. I am sure there would be many viewers also interested in your analysis. Thank you.

@ChrisACiufo 3 ай бұрын

I’m enjoying your videos. Thank you for the deep research.

@HecatombRecordings Ай бұрын

I don't see UK used prices shifting, if anything they are going up as new car prices have increased.

@CHURRO_FIYA 2 ай бұрын

The new tundra has the most unreliable engine right now

@matts2287 2 ай бұрын

256,000 miles 2012 Camry

@mrhardy7660 2 ай бұрын

2008 camry 265,000

@TheRealAriLove 2 ай бұрын

Nice 😮

@matts2287 Ай бұрын

@@TheRealAriLove hi

@richlin2384 2 ай бұрын

Don’t buy , wait till they build up inventory.

@killergoalie Ай бұрын

2025 models are going up in price again. Where's the crash???

@rodrigoventuri2589 2 ай бұрын

which site gives this detailed price indexes graphs?

@marccandrift 3 ай бұрын

So the cars in demand that didnt get affected.. got it

@vytenisz6482 16 күн бұрын

Wached your video and bought bmw 740

@JonathanChavez-w8y 2 ай бұрын

How do you get access to this index?

@ΤάσοςΚαυσοκαλυβίτης 2 ай бұрын

I have an amazing record of never losing even a single cent from depreciation. I buy a sensible family car and I keep it till the wheels fall off. Wow! What a difficult concept, eh? :P Alas it would only make a 15 second video and not sustain a whole channel, but hey.

@rjb9715 2 ай бұрын

That is certainly the most cost effective way to go, but if you are really into cars, it isn’t very interesting or satisfying. But you are totally right! 😊

@ΤάσοςΚαυσοκαλυβίτης 2 ай бұрын

@@rjb9715 For most people cars are a tool to get from point A to point B in relative speed and comfort. I understand that for some people cars can be (much) more than that, but in that case you veer into the land of hobbies. And hobbies are usually expensive and not really a matter of fiscal responsibility. Others might view it as a status symbol. In that case if you DO have the money for a status symbol, then why would you ever worry about how much it cost? If NOT, then you shouldn't have bought it and the only status it symbolises is that you are not good with money :P

@rjb9715 2 ай бұрын

You are exactly right! Wise person. 👍🏻

@icecoldac3 2 ай бұрын

Toyota no longer the economically sound brand. They’re no different from the other’s.

@ericdolby1622 2 ай бұрын

Honda os tops and always has been

@ckennedy1973 2 ай бұрын

Toyota makes me consider Subaru these days

@JonathanDion-rb7fe 3 ай бұрын

Call a car a horse without calling a car a horse.....

@connor_flanigan 3 ай бұрын

somebody looks extra cuddly in a new sweatshirt!!! 🥰🤗

@minifunkable 3 ай бұрын

Whatever you can afford

@josephkelleher8820 3 ай бұрын

Toyota is overrated in my opinion. They used to be better than everybody else but not any more.

@lazstan 3 ай бұрын

Ill disagree with even if Toyota is half as good as it was... Nothing is better. If you want a 200k car you still get a Camry. If you want a 300k truck you get a 4Runner. Yes the old school non turbo versions

@West3720 3 ай бұрын

What makes you say this?

@connor_flanigan 3 ай бұрын

@@lazstan who wants to keep a vehicle until it has 300k miles of stank and decay?

@RonaldosCat 3 ай бұрын

So what do I buy

@connor_flanigan 3 ай бұрын

@@RonaldosCat Mazda

@Now_or_Never_777 2 ай бұрын

Toyota and Honda are way over rated.

@vincent741 Ай бұрын

it's only crashig on youtube

@paulwhite6367 3 ай бұрын

Not crashing

@thomaschiappa1104 Ай бұрын

My problem is I am a GM guy

@sniggitty 3 ай бұрын

too much data, graphs and integral calculus. I'm switching channels ro Dare Wears bikini haul

@annenominous7220 Ай бұрын

LMAO, the premise is flawed, the whole video is pointless. waste of time.

@HalcyonX13 27 күн бұрын

Yall are so obsessed with reliability .. are all you going to take that damn car to the grave ? What does it matter the world will collapse soon … so get yourself the car you want . This life is not promised . Enjoy those pleasures .