Buyers Are DONE OVERPAYING For NEW TRUCKS!

[@frankd2056]

When I retired I was going to trade my 2017 Ram with 94,000 kilometres for a new 24 Ram. When I saw the price damn near had a heart attack. Keeping what I got.

[@Vincent-ke5zn]

I don't blame you at all, just do the maintenance and it will last

[@markholubetz]

Absolutely the most economical way. New is fine if a person really needs, also take advantage of the few incentives and gets the right one at the right time like end of year or holiday season m, some deals can be found but quite pricey nonetheless

[@Raymond-d1z]

😂

[@honda116969]

With that many miles on it it's still kinda new, Just make sure you take good care of it changing the fluids, spark plugs, belts & use good quality stuff. She'll last u a while.

[@HiPlains1]

From 2018 to present they literally raised the prices by 50-60 percent. Plus the quality is a dumpster fire on the new stuff. Your definitely better off keeping what you got.

[@areuhurtedwendy]

These are some rough numbers I got online. But for anyone who forgot, American taxpayers bailed out the auto industries with $49.5 Billion and the banks with $200 Billion. The thanks we get are $70 k and up trucks and 8 to 30 % interest rates.

[@Vincent-ke5zn]

That is ridiculous

[@theblindsharpshooter]

it wasn't the American taxpayers that bailed out the auto industry it was the crooked government

[@dampergoldenrod4156]

the usa military does not want the auto companies to go bankrupt but that is the only way to start anew with good products.

[@dampergoldenrod4156]

The 1979 bailout of Chrysler came at an important juncture; the federal government intervened in order to protect Chrysler's contract building tanks at the height of the Cold War, as well as to save jobs, suppliers, and boost the competitive quality of American cars. 1

[@harrymills2770]

Government bail-outs are the definition of economic fascism/socialism.

[@marshallforeman2051]

Buyers are also done with the poor quality and reliability, $80,000 for a POS that’s made to fail

[@markholubetz]

Exactly

[@jvick953]

What a joke. I want a new truck, but I don't want to be the guy who bought right before I lose my job.

[@thomashelm6931]

Wow! Lot rot and pieces of shit for $80k! I don't care if that's USD or CD, no one in their right mind pays that! After all, that could buy me a really nice Porsche 911, non turbo and still holding their value. Apples and oranges but I'll rent a truck if I need one! Killing it on the new channel Mark!

[@thomasbartlett3409]

Yes, they are nothing like the 1990's. They are made with cheap thin recycled aluminum Schaffer cans, plastic's and too much emission controls. Even the 3/4 ton trucks are built for the weekend dump run Yuppie's.

[@FizzleWick1]

Yeaup even Toyota lost their credibility lol

[@luciddreamer9522]

Let them keep them.

[@Vincent-ke5zn]

Exactly my thoughts

[@michaelwilliam7622]

In 2019, bought a big horn for 42,000. Same truck is now 70,000. I’ll wait for the bankruptcy sale.

[@wd8085]

truck companies think people are stupid but now are realizing we are not.

[@markholubetz]

Only the stupid fall through the cracks and end up in the finance office signing papers for a new Ford truck

[@jeromebarry1741]

I had a need for a truck this past Wednesday. It's been a couple of years since I really had such a need. This time, it cost $198 to satisfy my need with a UHaul rental.

[@ScottPlude]

We need base model trucks and I don't mean plastic mirrors. To me base model means: Straight six and a 4 speed auto, bulletproof like the stuff made 20 years ago Stop changing every panel, nut and bolt each year. Reuse parts from 10 years ago. I don't want a backup and forward facing camera. I don't need a sunroof. I don't need 18 cup holders. I don't need a leather wrapped steering wheel. I don't need computer circuits in my tail lights. I don't need a door handle that costs $400 to replace. There are a thousand ways these truck makers can return to a base model F150 that costs 30k. Oh, and BREAK THE UNIONS. Just spank them. often!

[@edwinkubena9944]

So Right!

[@antonio576]

Excellent video as always. I believe the market will crash, it's just a matter of time. No one can afford this crap they're putting out. Absolute GREED.

[@markholubetz]

Thank you very much and I love your optimism, as I am also that way that eventually it has no where to go but down. The OEMs are gonna sink or swim

[@dampergoldenrod4156]

bernie madoff types are saying the usa is full of economic health.

[@JoeSmith-v7o]

Regarding the prices of these trucks I'd like to paraphrase Jimmy McMillan: "The prices of these trucks is TOO DAMN HIGH!"

[@ykohenzltdr8562]

But $50 grand is expensive too!

[@markholubetz]

It is quite pricey but it’s getting closer to a car price and further from a mortgage

[@edwinkubena9944]

Great video! I would never pay that much for any vehicle. My 14 Chevy Spark was 11k have 180k trouble free miles. Will keep the Spark like forever EFF these new vehicle prices!!!

[@tomglpn]

The upcoming car bubble pop is gonna be spectacular!!!!

[@markholubetz]

Can’t wait

[@crlaw75]

As well as housing.

[@davealmer3803]

Buy a Durango from the Indiana State Police they have lots of em that don t work.

[@markholubetz]

Haha outside Duncan’s?

[@esteban1487]

80+

[@davidalexoff1658]

Gave up on Mopar, (stellantis) years ago. Too many weird problems, dependability "poor". Kind of liked Jeep once, now, if I won a Jeep, I would sell it.

[@lancelotlink3907]

I agree. I was a Mopar guy since the 1970s when I bought my first car a Plymouth 'Cuda when I was 17. Last year when I needed a truck I could not buy another Ram. My last one had way to many problems and the prices of a new one are ridiculous.

[@Armored_Saint]

Let's hang on to what we got. - frankie valli (1965)

[@markholubetz]

Bingo

[@Vincent-ke5zn]

I would rather buy a used Titan, Tundra, Frontier or Tacoma, spending $90k+ for a pickup truck is stupid

[@markholubetz]

I agree, the older gen. Vehicles are also more reliable as we know what the new Toyota Tubdra is doing and the new Ram turbo 6 as well is new and untried

[@annathemaanderson4448]

​@@markholubetz yeah, untried. You are being far too kind!

[@kidamere2408]

Those used are still 50k in decent shape

[@scootter37]

Picked up a new 2021 Tundra in early spring of 21. 43k plus tax. TRD off road 4x4, crewmax, 5.7, best truck I've ever owned. I wouldn't touch a newer 22 and up Tundra tho.

[@lancelotlink3907]

A used Toyota Maybe but not a new one. The new Toyotas are garbage

[@louisstennes3]

I have concluded that our American middle class is disappearing at a rapid rate. The majority of Americans are in a survival mode. My car insurance keeps going up as my property tax too and grocery prices are not coming down except for a few items. Even if they lowered every p/u trucvk by 20 grand to make a 60 grand truck , 40 grand, they still would be sitting. A truck is a truck is a truck. I bought a new '05 Nissan Titan crew cab, the basic work truck model and paid 26 grand. It is well maintained and I will never get rid of it. It is a truck and as long as a truck suits its purpose and runs great, there is no need to sell it and buy a new one. There is nothing a '24 truck can do that my '05 truck can't do. Nothing.

[@markholubetz]

Exactly agree and that’s how I feel about my 2003 Ram. If it runs it’s worth keeping around

[@samwalton4598]

A good buddy of mine just bought a new Toyota Tundra TRD4x4 with all the bells and whistles in white with black rims. Great looking truck and pimped out interior. He paid cash, but it was $83,000😳! He has the money and it’s not a big deal to him, but it is not the average guys truck.

[@markholubetz]

Yes that’s a pricey unit so most people would find it a real stretch to buy.

[@jamesstrickland517]

Give me a reliable inexpensive two-door truck, no gimmicks a plain rubber floor mat, and a cloth bench seat, four-speed tranny, with a straight six engine. And don't forget the 8ft. bed.

[@crlaw75]

Vinyl seats for me.

[@8610ibel]

Today's truck's should be around $ 35000 that's affordable to the middle class!!

[@JA-zh5xi]

Truck was getting old. Decided to get an outback wilderness instead of doing the dumb thing and spending over $60k on a new truck - none of which are now reliable.

[@lancelotlink3907]

Same here. I couldn't spend that kind of money so I bought a new loaded Honda Ridgeline for $43,000 and love it. A naturally aspirated V6 and its so comfortable to drive. Hauls 4 x 8 sheets of plywood and drywall better than any Ram or Ford I ever owned.

[@jimfleury6349]

That Denali listed at $97 grand is $81 r Grand here at my local dealer in Ontario they have bigger discounts on the higher trims. Still a ridiculous price tag if you ask me !!!

[@markholubetz]

A bit of a discount but indeed still big prices

[@danpavlis4047]

The question I can't get a straight answer on from Chevy, Ford, or Dodge is if I buy a brand new 2021 truck or car off their lot ( right now , 2024) does it still come with a 3 year, 36,000 mile warranty since those warranties state, whichever comes first. Called several in my area and was told, yes on some, others said it depends on vehicle built date of how much of that warranty is left, others have said no, it's expired because it's pass it's built date. Not that I really would buy any new truck or car with these crazy prices, but the ones that do could be in for a surprise to find they bought a brand new vehicle with no bumper to bumper warranty. That's the new dealership scams going on around here.

[@deanblanton-fh3gq]

I own a 2001 Ford Excursion F-250. It’s a cowboy Caddy. Back in the day I paid $45,000 for the truck. It’s a plush bucket, seats 8 adults with plenty of leg room. I looked at new trucks. Saw the insane prices on the window sticker. I thought I just got struck by lightning. Over the years I’ve kept my Excursion up and I do get a great deal of attention with it. Anyway last year I went totally through my Ford, spent about $20,000. But I own the truck I know this truck and go anywhere a new one could take me, but I drive with class. I figured I just saved myself over $80,000 plus interest for not buying the new junk. Fix your vehicle and keep it, you’ll be happier for it. Let the dealers go to hell in a hand basket. This is what greed will do to the dealerships and they’re not changing.

[@honda116969]

Even Toyota moved production of the Tacoma to Mexico paying under $3 per hour yet they raised the truck price like $7,500.. corporate greed at all these corporations & people are getting tired of it, we the consumer need to see some savings & quality has gone 👇 + the high interest rates 😢 bad combo for sales imo 🤷

[@GannDolph]

Toyota became the Stellantis of Japan

[@MilkowskiSalach]

kay, I’ve always scratched my head about the obsession around the kislux book totes and their practicality, but this one is adorable!! Congratulations

[@alexfithero]

I bought an older truck 2011 silverado 5.3 LT. Would like a new truck but dang are the prices high for stupid features that arent needed.

[@nd6394]

Thank you for your honest views. This is what we all want to know. On point..

[@esteban1487]

Stellantis just had a huge recall on 2021 to 2023 platforms. I wouldn't buy any new cars right now.

[@markholubetz]

Post pandemic quality

[@RoadHouseeee]

What’s the recall?

[@esteban1487]

@@RoadHouseeee backup cameras

[@subaruamazon]

mark ur truck is beautiful and much better quality than today. I will stick with what I have. payments of 1200 1400 1700? 95k for a F150? how preposterous. 50k for a maverick? that was supposed to be a 20k truck. the system is broken.

[@bradhampton6457]

Can you imagine. Some Jeep/Dodge/Ram dealers with leftover 22, 23 models? Unreal.

[@marshallforeman2051]

Who wants any of that junk that’s going to be breaking down all the time, it’s all made to fail

[@markholubetz]

Brutal

[@eddiec5036]

Looks like they are getting their comeuppance. Fuck em

[@LiquidSm0ke]

You can just fix up and modify your current truck to make it look new

[@thewholeeventhorizon]

If people don’t want to pay the price then quit demanding every feature under the sun. Everyone wants heated and cooled seats, heated steering wheel. Upgraded wheels and tires. Upgraded suspension and on and on and on but then when they’re told they have to pay for it they throw a fit. I just watched a video by car care nut and he’s 100% right. 20 years ago air conditioning, power windows and locks were an upgrade you had to pay for. Now it’s standard. We have an entire generation that feels entitled to everything and the worst part it’s the same people raising these GenZers to be complete whack jobs who think everything should be given to them. If you want a fully loaded truck then go work for it. Or don’t. The choice is yours but believing your GenX parents when they tell you you’re special and you’re being treated so unfair is the path to nowhere and having nothing.

[@tonydagenais3654]

You are right about the overpricing but, the silver ram bighorn you are talking about is a built to serve, it doesnt have basic tires its falken wildpeak and its not 85000 its 66000. anyway thanks for the video happy to see someone talk about that nonsense truck market. thanks.

[@xanderz161]

They're just large SUVs with a bed.

[@markholubetz]

More or leas

[@stinkburger1761]

That Maverick XLT should be 22k CAD

[@markholubetz]

Yes it should be but it’s not even close

[@karenmiddleton3649]

In 2012 our family bought a new Ram 1500 Sport, middle of the road for options, for $34K. We still have it. A similar 2024 model is over $70k (Canadian $$). In 2014 I bought new a top-of-the-line Jeep Grand Cherokee Summit with every option available at the time for $60k (still have it too). Now that vehicle is $100k. Even just the bare bones basic Ram 1500 Classic now is $50k. RIDICULOUS!

[@jaynstl9408]

$100k for a v6 truck 😜😜😜😜. $100k for any truck 😜😜😜 These mofos have lost their absolute minds! I’ve been watching videos like this lately how are people buying these? It’s a depreciating asset. $100k for a vehicle is madness unless you’re buying a “rare super car”. Or a limited production run vehicle. Insane!!

[@Spamsmoothie1701]

You got that right. I want a new truck but I'm not spending over $60,000 and making payments in excess of $1,000 a month just to get a mid level optioned truck. I don't need a new truck that badly.

[@GaryH-pw9cm]

I am keeping my 2014 Expedition until the wheels fall off.😔

[@patrickchubey3127]

Aside from genuine work trucks, I see and know a lot of people driving pickups that don't need pickups, they generally don't haul anything besides their kids but they think having a truck is cool, and I agree with them, I like trucks and I think they're cool too, but I wouldn't pay all that money for a truck unless it was working and earning money for me. As much as I like trucks, I will be soon be buying a Toyota Corolla because these days it's just the missus and me and groceries and we just don't need a truck and for the one time in 5 years I need something hauled, I'll just pay the 80 bucks and have it delivered.

[@markholubetz]

It’s become more of a luxury item these days

[@patrickchubey3127]

Yeah, isn't that a kicker. When I was a kid, things were different. People by and large drove cars and pickup trucks were cheaper than cars because only working stiffs and poor people drove pickups. Now it's the opposite, for some strange reason, pickups have become the ride of the snobby rich and cars are way cheaper. Using my 22 year old car as a trade-in, I'm paying less than 20k for a new Corolla and all those expensive pickups can sit on the lot until they sink into the pavement as far as I care.

[@edwinkubena9944]

Yes, most don’t really need a truck!

[@hawkeye5829]

I have a 2016 Jeep Cherokee Sport w/V6 motor with 62,000 miles on it. So far, it's been completely dependable. It's paid for. After watching your videos and seeing the prices I am going to keep my Jeep and drive it till the wheels fall off. Even if I have to repair it soon, I am still ahead. I plan to avoid debt like the plague.

[@markholubetz]

Great to hear!

[@squidishtendencies1523]

What do you mean the prices of vehicles are going to go through the roof? The roof has already been blown off!

[@JamesEsten]

I have one kislux bag I got in 2019, it's the LV white catogram speedy. It's counter quality and it has a nice honey patina now, so the leather is real. I think whatever makes you happy go for it. I've seen LV with plastic leather and blood red glaze...

[@nrgmstr27to]

The commercial sales are to companies that just pass the cost onto consumers by raising their prices.

[@bobjohnston5527]

I see more new Dodge trucks on the road than any other brand here in Fredericton New Brunswick

[@Mr.Worf63]

With these prices , I can see hundreds of unsold trucks on lots.

[@markholubetz]

Yes

[@Jatinderjay]

Just bought 2020 Ram hemi . Paid $20000 cash for 30,000 miles on it . Guy works overseas and just want to sell it for cash and I jumped on it . LEATHER SEATS AND ALL the luxury.

[@johnlacroix1639]

I like the video and WOW amazing TY so much ,,Keep up the great work

[@markholubetz]

Thank you! Will do!

[@harrymills2770]

They ran out of the customers who HAD to buy a new vehicle, and now they're up against customers who don't have to buy or have enough money not to care. Repossessions are occurring at a record rate, as well.

[@joeyd1636]

They are coming down if you look, I just bought a 2024 Ram rebel 4x4 for 51 k , sticker was 69k.

[@markholubetz]

You are right some of the biggest incentives are out there for sure

[@karenmiddleton3649]

Where???

[@joeyd1636]

@@karenmiddleton3649 Huntington Beach Ram ,Jeep,Chrysler.

[@dampergoldenrod4156]

Stellantis CEO announces possible job cuts, including workers in Auburn Hills office tower Local 4 has been hearing rumblings about layoffs coming in July

[@jeffreybarker357]

Let the cost go up. Let the dealers choke on the inventory. It’ll fix itself when people stop buying. I’ll keep my 2016 Ram and keep laughing as I drive to work without payments.

[@markholubetz]

That’s the best way. I am still rocking my old 2003 Ram and it’s fine. Does what I need it to.

[@leom925]

Just drop the price

[@markholubetz]

100 percent

[@MrsBStacyBattleBorn]

People, having that large of monthly payment on a vehicle is only justified if you plan on living in it.

[@bigdghost3319]

Truck's went down hill fast when they removed the V8 and replace it with a 6- Over priced under performing plastic kitty cat... Dealer's- 2022 model- 35% of sticker may move the unit...

[@johnsmith-gs4qf]

These are prices you expect to pay for a brand new LUXURY automobile! I'll stick with my used $5000 car!

[@Star-fc4ni]

Let them rust on the lots, they're good at falling apart.

[@Vincent-ke5zn]

By the time you pay off the truck in 8-10 years, you will be lucky to get $20k trade in value

[@markholubetz]

It’s a brutal investment . Paying for new is an extreme financial disaster

[@stackula99]

You won't be getting anywhere near 20k, more like 7k

[@harrymills2770]

I bought a 2012 Tacoma, new, with all the bells and whistles, for $40,000. I had cash flow, but no savings to speak of, and I could get into it for a lot less up front than a used pickup in good shape, which would have been my preference, back in 2012.

[@scootter37]

80k to 90k or more for a half ton truck, Ford, GM & Stellantis have lost their mind and their way with all that shiny plastic & constantly recalled junk!

[@Vincent-ke5zn]

Mark, I know that Ford GMC etc are making more than that profit wise than $1400

[@Star-fc4ni]

The plan is to create a high price market and then go after the workers to get rid of office and Union workers. The greed is out of control.

[@markholubetz]

Cheers

[@AllByDesign4]

“You will Own nothing and be happy”. Their quote not mine Smh sad world they’re prepping us for

[@uncareid5557]

I guess I will never buy another new vehicle. I'm very happy with the 2017 I bought three years ago, and my 2005 RX 330 is still running OK.

[@Zach-sg5uu]

If I had a car company in the US. I would be selling new trucks for $12-$20,000!😂 Nobody would buy from the other ones!😂

[@Zach-sg5uu]

I hope these Stealerships will go out of business!!

[@vg4472]

Price gouging after a Hurricane is illegal but this price gouging is permitted [=

[@markholubetz]

Yes

[@Leth0]

WTF??? these people think people are going to buy houses!

[@markholubetz]

I know, right?

[@codybrackett812]

What does not help is engines not holding up 10 years. The poor reputation of eco boosts but then ram dumps the hemi options?

[@mpiny]

We done with that kids toys 🧸 crab 🦀 now time to buy sedan$$ 😂😂🎉

[@markholubetz]

Yes

[@ricklp1861]

The salesman must know u by now😮😂

[@markholubetz]

He sure does and many of them do as I am immersed in this biz locally

[@LCculater]

😂😂😂😂😂😂

[@fredricknilsson7]

Buy two F150 now, in three years the price will be 30% more!!! Dont miss out

[@beeslandscaping]

In New Jersey no deals truck are all over the place no deals crazy

[@markholubetz]

Brutal

[@casey6518]

Sorry the Big 3, I wouldn't pay over $40,000 tops for a new loaded full size truck now, I have an 2004 Colorado LS with the Extreme package before Chevrolet badged it Extreme in 2005, my truck listed for about $26,500 or so. I happened to work for one of the GM suppliers then & had the supplier discount plus Chevrolet had about $4000 I believe end of sales year rebates or incentives to sale all the 2004 models bc the 2005 were starting to appear on lots. My out the door price was $18,400 & change in September 2005, I still have my Colorado & it looks as good now as it did the day I bought it in 2005, it has a little over 44,300 miles & has been garage kept all it's life. I just bought a 2024 Honda Civic Hatchback Sport Touring last month, what has hurt the GM & Ford the most is they have stopped making cars people can afford, NOT EVERYBODY specially women want a full size truck or SUV. I'm just a guy that retired early at 55 & I didn't want or need another new truck, I was replacing my 2007 Pontiac G5 GT car with another new car, just so happens Honda won my business.

[@lawrencefeldman462]

Overall situation is FUBAR..! No way will I spend more on truck than my cost of my home I bought in 2000. 24 years later buy truck for price of a home 🏡. NO WAY. JUNK.

[@dennismontero4553]

Are these trucks you're showing us in Canada

[@karenmiddleton3649]

Yes, western Canada (Alberta)

[@dampergoldenrod4156]

The 1979 bailout of Chrysler came at an important juncture; the federal government intervened in order to protect Chrysler's contract building tanks at the height of the Cold War, as well as to save jobs, suppliers, and boost the competitive quality of American cars. 1

[@crlaw75]

Lee had a plan. The current CEOs don't.

[@CalicoJack88]

Great channel! Very close James Brolin.👍

[@michelle-lz8tg]

i know tons of people who drive full sized trucks...i know of no one who has bought a new one lately...the era of these things is over...once they are worn out, they will be replaced with something more practical.

[@seanmcneil2903]

So do I, hence the feedback.

[@craigwhitman5064]

I paid $47000 for a Laramie midnight edition and now rams basic trucks are more $ gtfoh with that crap

[@markholubetz]

Yes things have seemingly gotten silly

[@jimkupers7556]

Tacoma transmissions failing

[@thomasmint1761]

So, now I’m confused. Are you saying they are increasing/holding prices on Rams to cover for the losses of their other lines, or Ram prices will drop because of the market oversupply?

[@annoyedlife]

i want a basic work truck not that. yeah we are mad. forget it. luxury crap I don't need.

[@Joszeprocks]

Bring back the base 1/2-ton work truck $32000. Extra cab rear wheel drive

[@jimkupers7556]

2024 Tacoma sales down 60%...get on it Mark

[@markholubetz]

Yes yes yes

[@RobertJohnson-gy9ky]

Someone needs to tag all of the brands in these videos.

[@miltonturney453]

You can drop in a new motor and transmission and be better off

[@slumy8195]

we'll be in 2027 and these same model years will still be for sale

[@markholubetz]

Many likely will be yea

[@mrmeatlover197]

When will dealerships go out of business. I hope they do, all of them!!!

[@jessecallis7328]

Might as well return the trucks to the manufacture for dismantle . No one/majority can't afford the high prices of these want to be work trucks. People just want a cheap work truck without all the extras. Work trucks should be less than 20k period.

[@subaruamazon]

stellantis real junk. 2022? are you kidding me? indiana state police having trouble with durangos. would touch a ram if it were the last truck on earth.

[@RickTheClipper]

Apart from farmers or construction workers, who needs a 4*4 2-tonne truck? To impress other men? Because You want to make the oil multis happy? Buy a car You can afford, not what You want

[@welder878]

Dodge is known for garbage transmission and now they are saying the warranty is garbage they don't cover anything

[@hippo-potamus]

Keep driving their older jalopies. Haha. Hey man can you do more on nissans. Seems to be the last of the 6 cylinder naturally aspirated engines.

[@markholubetz]

Yes I can and they have issues too with the head is pushing the dealers to sell at a loss for certain models

[@HiPlains1]

Tundra sales were up but only because they incentivized the crap out of them. I'm sure sales are worse in Canada with the weakened Canadian dollar. Its bad enough with USD with CAD money its insanity pricing.

[@richardgoldstein9423]

Mark, just for clarity, when you’re talking dollars, you mean Canadian dollars, right?

[@markholubetz]

Hi Richard yes I am. I have seen in some cases though, are similar dollar for dollar especially on specialty vehicles.

[@richardgoldstein9423]

Thanks for the reply. I’m just finishing up your video now. It’s scary out there.. I’ll be hanging on to my car for as long as I can.

[@dhmig88]

Four years ago you could get a regular cab Classic with the HEMI V8 for about $27,000 in my area, now they want 50K for the same truck.🖕🏼