Repossessions are Out of Control and Big Trouble is Coming Soon!

  Рет қаралды 7,559

Auto Auction Rebuilds

Auto Auction Rebuilds

Күн бұрын

Пікірлер: 91
@habsfan5750
@habsfan5750 2 сағат бұрын
I have been watching Your channel for a long time. But Lately You are so whiny. Very Annoying.
@AutoAuctionRebuilds
@AutoAuctionRebuilds 2 сағат бұрын
Then maybe you should watch something else. You are literally on my channel whining about my video while complaining that I am whining…
@MrJtaka40
@MrJtaka40 2 сағат бұрын
Shut yo a$$ up
@kc0lif
@kc0lif Сағат бұрын
​@@AutoAuctionRebuilds🤦
@LanceBerg-ep4ww
@LanceBerg-ep4ww 47 минут бұрын
Move along buddy
@connorjensen3558
@connorjensen3558 16 минут бұрын
​@@AutoAuctionRebuildslol
@LamelKendrick
@LamelKendrick 2 сағат бұрын
adults are not just reading at 5th grade level these days, they're also managing their money at 5th grade level
@seanfattireguythomas2994
@seanfattireguythomas2994 46 минут бұрын
They are managing their money like the government
@movieguy1985
@movieguy1985 2 сағат бұрын
Live within your means people...zero sympathy for these people.
@TruckCentral
@TruckCentral 2 сағат бұрын
It’s pretty scary when people with good credit are willing to let their cars get repossessed.
@AutoAuctionRebuilds
@AutoAuctionRebuilds 2 сағат бұрын
Exactly!
@C-loke78
@C-loke78 56 минут бұрын
I think they should not have let the car lot talk them into a new vehicle knowing they can’t afford them
@67judge
@67judge Сағат бұрын
I love ❤your rants Rrandy. They’re so informative and educational.
@billstreber5194
@billstreber5194 3 сағат бұрын
Well Randy, I know here in New York the banks will sell your repoed vehicle and whatever the balance is left the consumer is on the hook for it + if you own your own home or have anything like that they can attach it for the remainder of what is owed
@PatrickRiendeau-m3v
@PatrickRiendeau-m3v 2 сағат бұрын
@@billstreber5194 Makes sense. I currently live in Canada and banks are taking a big hit. I just lost an auction bid on a mint 2023 BMW 900 motorcycle still under warranty. Bank loaned 14k and let it go for 7 300$ at auction. Crazy.
@fasteddy917
@fasteddy917 35 минут бұрын
Forty five minutes well spent. You are absolutely correct about where the end of the repossession trail leads but you know that. Great video as always. Thank you.
@pebear
@pebear Сағат бұрын
Maybe Co-Part ought to start charging Lot Rent after the vehicle goes through so many auctions that are refused by the banks. If the banks had to pay lot rent those cars would not sit for very long...
@armorer94
@armorer94 3 сағат бұрын
"Powered by Jesus" I could've sworn it was a 4 cylinder.
@unknownvalor9755
@unknownvalor9755 3 сағат бұрын
yesterday at auction there was a repo 2001 pt cruiser that probably had about 10k of custom work done on it. Paint, interior, engine, custom body, etc. It sold for 550$!!!!! runs and drives too! (only thing I notice was air bag light on, that's it)
@AutoAuctionRebuilds
@AutoAuctionRebuilds 3 сағат бұрын
I would have bought that lol
@SweetCar
@SweetCar 2 сағат бұрын
I remember when those things were the craze back in the day. They were very quirky.
@jasonsutherland8290
@jasonsutherland8290 3 сағат бұрын
Unless it is a early default the banks aren’t the ones taking the “L” here as they package up these loans and securitize them to other investors (think of the movie “The Big Short” and make it car loans rather than home loans). Also, I have zero sympathy for Santander as they are the largest sub-prime lender and are making up any losses but what they are making on the high interest performing loans.
@thevacdude
@thevacdude 2 сағат бұрын
I remember when the housing market crashed in '08-'09. It was bad.
@robertclubs9908
@robertclubs9908 19 минут бұрын
Thanks again for your update.
@Crawlspeedgames
@Crawlspeedgames Сағат бұрын
The new intro is awesome man!
@larrywinemiller794
@larrywinemiller794 Сағат бұрын
I always used a mechanics stethiscope I carried in my auction stuff. I am sure you probably have one but you would look good under the hood of these cars using one. In the old days when I was buying tons of cars the stethiscope found what most people thought was rods knocking , to be fuel pumps , clutch fans, and many things that cost much less than fixing rod bearings.
@fellikexitiscming-dj9hq
@fellikexitiscming-dj9hq Сағат бұрын
you are so right, the person that signed the contract. All they saw was hey i can make so much payment right now, who care about tomorrow. They can just take it back. Banks should have subtracted the markup and gone we loan x. dealer well goes back to buyer no not paying that, but look we got your payment amount
@jonesvaughn8946
@jonesvaughn8946 Сағат бұрын
So is that why they don't allow code readers because they want most of those cars to sell and if people hooked those cars up to code readers and saw all the problems wrong with the cars they wouldn't buy them.
@PHIGHTING___
@PHIGHTING___ 51 минут бұрын
When i see the cars an trucks that have been trashed by pets it makes me sick.
@rustybumperclassics6342
@rustybumperclassics6342 Сағат бұрын
Not able to bring a scan tool is total BS. Such a fukin scam.
@semiretired86
@semiretired86 Сағат бұрын
sin't this a re run?
@Numba1Man
@Numba1Man 3 сағат бұрын
I agree, this is getting out off hand
@alijuman195
@alijuman195 Сағат бұрын
You are 100% right
@MiguelExploring
@MiguelExploring 3 сағат бұрын
Wow that Mercedes was nice there very reliable cars! The one from the ninety’s are they best because they last you forever
@michaelcoffey7362
@michaelcoffey7362 2 сағат бұрын
Good video 😀
@2003cobramustang
@2003cobramustang 3 сағат бұрын
Wow all the repos that’s crazy. Benz I’d walk away. Infinity is nice clean it up I’d drive it.
@ismailwasiu4
@ismailwasiu4 Сағат бұрын
That KIA Truck looks nice though ❤
@jonesvaughn8946
@jonesvaughn8946 Сағат бұрын
And I think the Ford sport Trac back in the day started the whole SUV/truck combo craze.lol
@donmynack
@donmynack Сағат бұрын
You are still liable for the balance of the loan if it's repo'd, so you'd need to also declare bankruptcy or negotiate a settlement. Smart people find a tree and run the car into for an insurance and gap payout...allegedly.
@mauricesharpe2748
@mauricesharpe2748 26 минут бұрын
I could smell that Jeep through the screen. You got into it but snootily pooh pooh the Caddy without even opening the door.
@SethHollingshead
@SethHollingshead 3 сағат бұрын
Thats why I waited to buy a new car in Feb of this yr. Prices dropped alot. I got Santander and never heard of em. My payments are high but I didn't get shit on my trade and I didn't push it. 1500 down essentially. And my 2015 escape non turbo was deff worth 9k with 125k miles and mint for its age but you only get good trade value on a car under 4-6yrs in a normal car that is. But stupid ppl buy 80k dollar chevy vehicles 3 to 4 yrs back.
@Radb_100
@Radb_100 Сағат бұрын
Another re upload video
@davelwell1
@davelwell1 Сағат бұрын
You hit the nail on the head. Loose the got to have it mentality, if it not a fair deal walk away
@bizkit81
@bizkit81 3 сағат бұрын
Yeah no thanks!
@Pilot_Kevin
@Pilot_Kevin Сағат бұрын
Hi, why you Play a old Video again??? Greads from germany
@codyanderson6619
@codyanderson6619 2 сағат бұрын
In Australia the Santa Cruz would probably be classified as a Ute
@tomm5936
@tomm5936 Сағат бұрын
I came to say the same. It makes sense to me to use that term in the U.S. too.
@xxxpensive1415
@xxxpensive1415 2 сағат бұрын
Perfect time to cop
@desert_garage76
@desert_garage76 5 минут бұрын
Sucks because car's are still high dollar. And with the price of new vehicles nowadays i actually don't mind paying 10 grand for a used car.
@VincentVazzo
@VincentVazzo Сағат бұрын
You can blame consumers all you want, but you can punish the consumers for taking out unwise loans when you have to have a car in this country, or you can punish the banks for irresponsible lending. Only one of these will solve the problem longterm.
@suprarace
@suprarace 32 минут бұрын
Don’t worry. Honduras and Ukraine and Mexico will bail them out.
@DanKirchner5150
@DanKirchner5150 Сағат бұрын
redepressed
@leifandersen2756
@leifandersen2756 2 сағат бұрын
One should think that a car buyer who would be. branded a bad loaner when he/she is in debt by the bank and end up in a register for bad loaners . Get a loan in the future will be almost impossible until the old loan has been payed off .
@nathantatosian280
@nathantatosian280 3 сағат бұрын
Hi Randy
@kc0lif
@kc0lif Сағат бұрын
mercedes looks nice
@JustinClough76
@JustinClough76 27 минут бұрын
That’s a very generalized subjective rant when it comes to repos and why they’re happening. It basically boils down to the negative part of capitalism. With that said, there’s not another economy close to one ran within capitalism, but as with anything, leaks in it pop through and the culprit generally derives from greed and gluttony. But when done right, and as long as we stop bailing out someone for over selling and lending, then capitalism will allow the business to fail and the sun will still rise the next day with more businesses popping up utilizing capitalism correctly and not as a weapon.
@RandomShan62
@RandomShan62 40 минут бұрын
So what would you call a Chevy el Camino or the ford ranchero? Since the bed isn’t separate from the cab.
@darrenfox5883
@darrenfox5883 Сағат бұрын
Gas MB sounding like a Diesel MB cannot be a good thing!
@stephenbartram7377
@stephenbartram7377 5 минут бұрын
Banks=current day moneychangers Moving into backed by gold again soon
@HaroldJackson
@HaroldJackson 2 сағат бұрын
You've got to pass the bill before you can read it! Sound familiar 😂
@infamousjax
@infamousjax 3 сағат бұрын
Hoping to see another 2nd gen exploder come on the channel
@miked3842
@miked3842 2 сағат бұрын
Randy here in Wisconsin if someone bought that car it would cost $500.00 dollars to get that tint off for each window.
@DeliverYouTruth
@DeliverYouTruth 54 минут бұрын
It's not that hard to take off.
@bigrandall1969
@bigrandall1969 27 минут бұрын
The coins in the 300 is for the Laundromat…
@JoshuaBrown-ue9th
@JoshuaBrown-ue9th Сағат бұрын
I think you should get the chrysler 300 looks awesome nice because it runs good great tinted windows but the windshield can't be tinted nether can be the front windows because it's a legal but windows are ok they just can't be two dark and white is a pretty color for a car and i half to say you make great content with cars and i hope you a great Halloween
@rondallburgess6834
@rondallburgess6834 Сағат бұрын
2 words: Market Adjustment
@rce59
@rce59 Сағат бұрын
As mwm would say “you had a hipster in that Mercedes.
@coruptfile3558
@coruptfile3558 13 минут бұрын
Have these last two videos been re-uploads?
@jgotthatsauc1528
@jgotthatsauc1528 2 сағат бұрын
Do i need a dealer licence? i want to buy cars from copart fix them up and sell them(car flipping) as a hobby to make some extra cash!
@denisonhwc
@denisonhwc 2 сағат бұрын
Depends on which state you live in. you need to check on that, and then check to see if there are local restrictions (Zoning). In most places, iit is not as simple as it seems.
@jgotthatsauc1528
@jgotthatsauc1528 2 сағат бұрын
I live in Iowa​@@denisonhwc
@nebka44
@nebka44 Сағат бұрын
Why not sell it for some money? Try to get some back Not just let the vehicle just sit there.
@Bill-im6nt
@Bill-im6nt Сағат бұрын
Makes the people look bad, so they would like to just forget about it.
@fredearl5344
@fredearl5344 13 минут бұрын
Your to blame for signing the contract
@peterkwok9608
@peterkwok9608 2 сағат бұрын
I like the Kia 😎😎👍👍
@Gar3131
@Gar3131 13 минут бұрын
I have been watching Your channel for a long time. But Lately some of your followers are so whiny. Very Annoying. ;)
@bk_goatkim679
@bk_goatkim679 2 сағат бұрын
It’s honestly insane…but that’s how our economics are at. Keep it up randy we love to the grind
@franklinwilliams9872
@franklinwilliams9872 24 минут бұрын
need american trucks and muscle cars for show, not these foreign rags! just my opinion
@aleskyfinis1025
@aleskyfinis1025 2 сағат бұрын
Like
@LamelKendrick
@LamelKendrick 3 сағат бұрын
pres djt will probably bail out the automanufacturers and disappoint everyone
@marcodarko6941
@marcodarko6941 2 сағат бұрын
Oh yeah.. sort of like how obama bailed out g.m. and now all they make is junk.
@snowblind.
@snowblind. 2 сағат бұрын
You say djt probably will, when Obama did. I voted for Trump. You can thank me later when you start enjoying prosperity again...
@marcodarko6941
@marcodarko6941 2 сағат бұрын
That was my response how traitor #44 bailed out g.m. and now all they make is junk.. but it appears my comment is being shadowbanned for telling the truth. @snowblind.
@LamelKendrick
@LamelKendrick 2 сағат бұрын
@@snowblind. yeha he's the better option for prosperity for the greater number of people...but if we're having a level headed discussion he will have some policy that will inevitbly disappoint a lot of people...kinda like warpspeed
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