Car Buying in 2025 Will Be a Nightmare If You’re Not Ready

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Chevy Dude

Chevy Dude

Күн бұрын

Пікірлер: 248
@ChevyDude
@ChevyDude Күн бұрын
If you are getting spam text that means your DATA HAS BEEN LEAKED!!! Go to my sponsor aura.com/chevydude to get a 14-day free trial and see if any of your data has been exposed
@SunlessComa4614
@SunlessComa4614 Күн бұрын
Data analytics has been profitable because of data sharing since the early days of AOL IM, Yahoo Mail, MySpace, Xanga, FB beta, eBay/PayPal, and every other internet service that has ever required the input of personal information. I remember websites as recently as 2019 selling services to "scrub" your information from the internet, and I don't know if they were even aware of data scraping at that point. The internet is the equivalent of publishing a widely sold book: should the author decide they no longer want it in circulation they can destroy as many copies as they like, pay people in different areas of the world to do the same, but there will forever be copies in circulation, and its legal copyright records will always exist. But...for people who've been innocently usinf BT connectivity, Apple/Android Carplay, and the standard USB charging ports in cars not realizing all the associated data mining, I hope they gain peace of mind with the service you're offering.
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments Күн бұрын
I like that one of their VPN locations is in the Bahamas. Those are rare in my experience. You should include a trial with the cars that you sell. You know it's a great idea.
@hectormaldonado3899
@hectormaldonado3899 Күн бұрын
I just spoke to someone with 10 years experience,he wouldn’t give me an out of door price.I just went to the next dealership.
@XX-166
@XX-166 Күн бұрын
As you should’ve done
@chrisced007
@chrisced007 Күн бұрын
unfortunately some dealerships policy prevents the salesman from giving numbers over the phone. Its absolute BS. When I sold cars, I had a sales manager that refused to give numbers over the phone due to the customer shopping them. All they said make the appointment to get the customer in the door. I've lost multiple deals from this. You mean to tell me that an out of state buyer from 1,000 miles away is going to drive there to get a price? Get real.
@qroadside
@qroadside 18 сағат бұрын
You going to tell us what happened at the next dealer or leave that out
@Flash413
@Flash413 Күн бұрын
Car buying will be a nightmare… just like 2021, 2022, 2023, 2024. Got it.
@EmmyPierz-ek7hi
@EmmyPierz-ek7hi Күн бұрын
NOT a Nightmare if You know yur $H!T. CB
@billmarshall2536
@billmarshall2536 Күн бұрын
2025 is going to be a nightmare for dealerships if they don't price their inventory more realistically.
@aidenhardcore1
@aidenhardcore1 Күн бұрын
I’ve been buying and selling cars ever since I was a teenager. Every couple of years I want a new car and I have not yet found a dealership that I’ve worked with. That has been 100% honest and fair. Every single dealership has tried to scam me and swindle me of money. Every single time. Each salesman tells me oh my God we’re gonna be best friends. I’m gonna get you the best deal and that’s a lie. No wonder why Car buying is the worst process in the world. Because there’s not actually a dealership in the country wanting to help you. They wanna help youtake all your money and it’s sad.
@toddschlicher
@toddschlicher Күн бұрын
I must be the luckiest guy in the world. I’ve never had a single problem buying cars, and I’ve bought a shit load of them.
@MarkEaster
@MarkEaster Күн бұрын
That’s 99% of all business.
@Zneedsmore
@Zneedsmore Күн бұрын
@@MarkEaster Nah, in the past... dealers genuinely once believed in building customer loyalty.... that was particularly important given (frankly) some of the crap cars built in the 1970s-80s. Today - to @aidenhardcore1 's point, no new car dealer can be trusted today. Granted - the cost of doing business as an auto dealer is far higher than 20-30 years ago... but that still doesn't diminish the inherent value of a dealer to build customer loyalty.
@ratsofatso5525
@ratsofatso5525 Күн бұрын
​@@MarkEaster no but all car dealers. They've made the game the shit show IT is.
@robertfootball1
@robertfootball1 Күн бұрын
Granger ford in Iowa is the only one I know who won’t play any games at all
@buddahgreat
@buddahgreat Күн бұрын
I work at a small dealership and his advice of asking for the MOST experienced salesperson will cause you to be forgotten about and not taken care of unfortunately. One will not complete a delivery 100% and other two will leave you calling back without a response/answer. It's sickening but they're OK with it since they always think a new customer will be around
@Toyeboy89
@Toyeboy89 Күн бұрын
Definitely not getting an extended warranty on a Toyota Camry. That's why I'm buying the car.
@SAAN27
@SAAN27 Күн бұрын
The most frustrating thing about buying a car now is the sky high used car prices, most banks won't finance a car that's over 7-10 years old, yet 2015 cars with over 100,000 mi, are commanding 15- $20,000 asking prices smh The majority of the public doesn't have 15 to $20,000 cash laying around to buy someone else's problems that probably might need $3-5k upkeep right after they buy it
@edhcb9359
@edhcb9359 Күн бұрын
Every lot is overflowing(on to additional overflow lots). How is it not a buyers market? 😂
@kcrossen7376
@kcrossen7376 Күн бұрын
They are preparing for tax time and that rolls right into the spring selling season.
@edhcb9359
@edhcb9359 Күн бұрын
@ LOL! Yeah those 2024’s and 2023’s will fetch a pretty penny in April 2025! 😂
@redbaron6805
@redbaron6805 Күн бұрын
@edhcb9359 Exactly. You can now see the car pricing history on Autotrader. You can see dealers dropping prices all over the place and getting desperate...
@dennissvitak5475
@dennissvitak5475 Күн бұрын
Chevy Dude is a used car salesman. He's not EVER going to admit it's a buyer's market.
@scotlawrence
@scotlawrence Күн бұрын
IMO the only good thing to come out of the covid years was: the ability to negotiate a new car 100% online! My wife and I bought a new Subaru Crosstrek in 2021, and a new Toyota Corolla in 2024. Each time I emailed five to seven local dealers and spent time negotiating with them totally via email. Did 90% of "what car do we want" research online first, narrowing it down to only one or two models. Then we only physically drove to a dealership twice: First to test-drive, to confirm the specific model and trim line we wanted. (Then all price negotiating by email) then went to a dealer a second time just to pick up the car. Each time we got a very good price, in the top 10% "best price" for that model according to KBB and other online sales data. It's the only way I will buy a car from now on! 😊
@Windstorm7x7-wl8ko
@Windstorm7x7-wl8ko Күн бұрын
This classically shows how this guy is either out of touch or spreading a narrative designed to benefit only himself. Your strategy takes the ways extensive face to face negotiations away from the professional salesman and puts it back onto the hands of the buyer. Most pros hate that.
@johnkonde1975
@johnkonde1975 Күн бұрын
Congrats! Which Corolla trim did you get and how much did you pay out the door for the 2024 Corolla?
@scotlawrence
@scotlawrence Күн бұрын
​@@johnkonde1975 2024 SE Hatchback. $24,605 MSRP, including the $1,100 destination. We got it for $23,500, 1k under msrp, which was really good for May '24. It was still challenging to get a Toyota under MSRP then. Total out the door including NY tax and DMV, $25,900.
@johnkonde1975
@johnkonde1975 Күн бұрын
@@scotlawrence Thank you for sharing. That's a great deal, congrats! Do you enjoy driving your Corolla SE? Is it fun to drive? Also did you finance with the dealership?
@scotlawrence
@scotlawrence Күн бұрын
​​@@johnkonde1975 thanks! It's my wife's car. She likes it! I've been very "anti-CVT" for years, and never wanted to own one. Our 2021 Subaru Crosstrek is manual transmission, (which basically makes it "the perfect Subaru", ;) no CVT!) and she also wanted another manual transmission car to replace her last car which had died of old age, but a manual transmission "basic car" (not a sports car) no longer exists. (Well, except for one low-end Nissan and a VW, but we didn't want those) So Toyota now has the "take-off gear", the "physical first gear", which is used when starting up from a dead-stop, then it switches over to the CVT after the car is up to speed. This theoretically removes the main weakness of a CVT: the strain when starting from a dead stop. Which theoretically "solves" the "weak CVT" problem. After learning about that, we decided to risk a CVT. Knowing what we know about Toyota quality, we feel confident about it. (We keep cars until they die. We plan on 20 years owning a car.) it's only been 8 months, but its great so far! (We didn't finance, paid cash.)
@joshkoepsell
@joshkoepsell Күн бұрын
This was your best informative video to date… and actually, the best new/used car purchase video I’ve seen. Very nice job! 👏👏
@Otingocni
@Otingocni Күн бұрын
Well I had to be a buyer in a sellers market now I'm going to have to be a seller in a buyers market. My timing as usual is perfect...
@1VaDude
@1VaDude 13 сағат бұрын
Been there and done that. Sometimes you are the windshield and other times you're the bug.
@rogerr2796
@rogerr2796 Күн бұрын
About 5 years ago I was at a Ford dealership looking for a truck. The salesman said he’d give me a final price, but first I had to sign a paper saying I’d buy the truck. I’d didn’t know whether to laugh at him or get angry. I decided on neither. I just got up and left. Bye.
@oldschoolfunkster1
@oldschoolfunkster1 Күн бұрын
Lol. You did the RIGHT thing by walking out. I bet the guy was left with the thought of "Hmm... That didn't work. Time to try out something else". He might as well have brought you the purchase contract to sign. Imagine what other tricks they would've tried to pull on you if you had stayed and dealt with them. Sadly some people still get okey-doked.
@drakesavory2019
@drakesavory2019 Күн бұрын
I'd tell him, "How about I give YOU a final price if you sign this contract saying you'll sell it."
@redbaron6805
@redbaron6805 Күн бұрын
Walking out is literally the best and most powerful tool you have. When they try something sketchy, just tell them nope, you are wasting my time, and walk out. After that, I don't care what they offer. I'm out.
@oldschoolfunkster1
@oldschoolfunkster1 Күн бұрын
@@drakesavory2019 ... Lol. Great comeback.
@oldschoolfunkster1
@oldschoolfunkster1 Күн бұрын
@@redbaron6805 ... Oh believe me, I've done it a few times. While you still have your money... you're STILL in control. One time, after asking the dealer that I wanted to see the actual invoice bill a few times, he came back telling me they don't do that. I said "Then how am I supposed to know you're telling me the truth? You could be making up the amount" - and he was since I already knew the invoice price and did my homework, just wanted to see some honesty, if any. He responded with "Well, if you can't trust me, then we shouldn't be doing any business". I replied "You're right. I don't trust you". and walked away. Like I'm supposed to trust a complete stranger.😒
@jameshill8498
@jameshill8498 Күн бұрын
I bought a nice old Ford conversion van for $2800 and it's been awesomely reliable. Plus I can fix it at home. Forget that modern stuff.
@jonathantaylor6926
@jonathantaylor6926 Күн бұрын
Customers were paying a lot but so were dealers. MSRP's were insane but so were trade-in prices. Getting all your money back (or even making a profit) on your two or three year old trade-in was common. A positive feedback loop got established where higher prices created higher prices. Cars even became viewed as an "investment" for a while and it was absurd.
@adamweber1545
@adamweber1545 Күн бұрын
My number 1 rule in new car buying is never pay for unwanted dealer add ons. My number 2 rule in new car buying is never pay over MSRP. My number 3 rule in new car buying is never pay MSRP.
@richardbaranzini8805
@richardbaranzini8805 Күн бұрын
Let me see the invoice, then I can decide how much profit the dealer should get. All the while knowing that the dealer will get another check at end of the season.
@ChevyDude
@ChevyDude Күн бұрын
Rich. What do you think a fair profit for a dealership is on the car itself?
@dennissvitak5475
@dennissvitak5475 Күн бұрын
I had a salesman from Ed Napleton Honda, St. Peters, Missouri tell me "YES YOU WILL", when I told him I wasn't paying ANY of the add on sticker. It got ugly in a hurry, after I spoke with the Sales Manager. heh heh heh.
@1VaDude
@1VaDude 13 сағат бұрын
@ -- Fair question, but the answer is elusive. That's like asking what is a 'living wage' or a 'fair share' for someone to pay in taxes. The answer? It depends.
@MikeMikewaz
@MikeMikewaz Күн бұрын
When isn't car buying a nightmare?
@johnholmes2808
@johnholmes2808 Күн бұрын
Even pre Plandemic it was a nightmare.
@juhdah2146
@juhdah2146 Күн бұрын
Great nightmare question!
@ChevyDude
@ChevyDude Күн бұрын
Two ways is not a nightmare when you were prepared and when you use the proper salesman.
@Alongfortheride693
@Alongfortheride693 Күн бұрын
@@ChevyDude Do they have "Proper Salesman" tattooed on their forehead?
@ishooal7433
@ishooal7433 Күн бұрын
Heres a solution. Close up dealerships. Used car dealerships are fine. Make it sell directly to consumer.
@1VaDude
@1VaDude 13 сағат бұрын
I think the market will eventually move in that direction, but it's gonna be a while before that happens.
@nole8923
@nole8923 Күн бұрын
Honestly, with the insane prices that they want for new cars today I’m surprised they sell any at all. Just buy an old used Toyota and you’ll be fine. My 2002 Toyota RAV4 is still going strong. The only way car manufacturers and dealers will lower the prices on new automobiles to a sane level is if we refuse to buy them.
@redbaron6805
@redbaron6805 Күн бұрын
That fails elementary math and physics. Millions of cars get scrapped every year, as they are simply worn out, rusted and not even fixable anymore. There is a certain amount of churn where cars need to be replaced, as they are simply nowhere remotely close to worth fixing, assuming it is even possible and parts are even available...
@1VaDude
@1VaDude 13 сағат бұрын
@ -- Proper maintenance of a well seasoned vehicle, though, can extend its longevity and postpone its date with the crusher. Sadly, the majority of drivers do not take care of cars as well as they ought to.
@russellfisher2895
@russellfisher2895 Сағат бұрын
Unfortunately new and used cars are reduculasly high to the moon. DON'T BUY!!! Drive your car till the wheels fall off!!!!!!!
@MrMoose0987
@MrMoose0987 Күн бұрын
Man, I was looking to buy a Subaru Outback from a local dealership and the sales guy was AWFUL. He tried to force me to sign paperwork before I even had a chance to see the specific car I was wanting to buy/test the car I was wanting to buy. It was available and on the lot. And when I told him I didn't want to sign paperwork without at least seeing the car, he just left me sitting for 30 minutes before coming back and just telling me it wasn't ready and to come back the next day. That was just one of multiple issues I ran into at that dealership that completely drove me away from buying a Subaru, because I don't want to have to deal with that service department because I figure the quality is on par with that awful sales guy. Guessing he was one of those pandemic hires.
@redbaron6805
@redbaron6805 Күн бұрын
Those people will be filtered out with your feet. They get paid by commission. No sales, no customers, no commissions, means he will be manning the fryer at Burger King in a few weeks. Even better punishment. If they have multiple salesmen, go back the next day, pick a different salesman, and then buy a car from THAT guy. Then walk past the previous sales guy's cubicle, tell him I just bought a car from George over there, hope you enjoyed giving your commission to him. Maybe he will send you a card or something...
@raphaelbar
@raphaelbar Күн бұрын
Already experienced that shit by the end of 2024. Walked into a dealership as they said they have a car available for me, but it turned out it was just coming in 3 weeks later. Still negotiate the price and pay a huge deposit to secure the car. During my vacation, my accountant saw the car on their website and reached out for finance quote. Several follow-up and no response. While I returned, I made a call to the guy and he told me the car was sold to another person regardless my deposit, and started bs around ended up lying to me they never sold me that car in the first place. I talking to you Toyota.
@geeagi
@geeagi 6 сағат бұрын
Did you get your deposit back?
@dannyk1980
@dannyk1980 Күн бұрын
I always love how you come storming out of that door to start your videos 🤣
@jeffholloway7974
@jeffholloway7974 Күн бұрын
I would like a new car, but I will keep the old buggies I have already running. I literally cannot tolerate game playing.
@PauloProelo
@PauloProelo Күн бұрын
Loser mindset
@mostyles328
@mostyles328 Күн бұрын
@@PauloProelo That is actually a millionaire mindset. Cars are a depreciating asset and not an investment but a necessary loss!
@scotts-xl9qk
@scotts-xl9qk Күн бұрын
In theory, the video is correct, but in fact, most people don't have enough money to afford these vehicles.
@jarink1
@jarink1 Күн бұрын
Interesting video. I didn't hear any ideas that would save me money, though.
@MarkEaster
@MarkEaster Күн бұрын
I didn’t see that he promised that in his title.
@davidpeters9343
@davidpeters9343 Күн бұрын
Me either where was the saving money part 🤔
@jarink1
@jarink1 Күн бұрын
@@MarkEaster 4:08 "Now, let's get back to saving you some serious cash."
@scottminshall6420
@scottminshall6420 Күн бұрын
Yep, Did my deal all through email before I would even set foot on the lot. I had my out the door price in hand before I showed up just had to deal with the finance people after i decide to finance vs pay cash. thanks to you Chevy Dude and other here on KZbin I learned the few things to stand my ground on and it worked out, I was 99.9% happy driving off the lot
@AMADEUSFROMVEGAS
@AMADEUSFROMVEGAS 14 сағат бұрын
Thanks for the tips
@eppyz
@eppyz Күн бұрын
Well what gets me is the dealerships advertise a certain price online or in the newspaper or whatever and then you go to the dealer and find the price is $4000to $5000 dollars more due to dealer add-ons. These add-ons may be things that you don't even want. Like $1,000 for paint protection $500 for interior protection $200 for nitrogen filled tires $1500 for a tracking system etc etc. it's just wrong why can't you just go to a dealership pay MSRP add on anything that you want to add on and go from there if you want to get something under MSRP then that's great but not pay more than that. The Europeans have their system better than ours you go into a dealer you order the car you want you pay for what you're willing to pay and you wait for your car to come in. That system makes more sense to me versus the train wreck system we have here🙄
@johns818
@johns818 Күн бұрын
The MSRP is ridiculous just by itself even without markups. Every automaker raised their MSRP by 35% to 50% depending on brand.
@jamesbt2003
@jamesbt2003 20 сағат бұрын
This may be your best video! Telling it like it is!
@tdadp
@tdadp Күн бұрын
What a minute people were taken advantage of and that was because of pure greed by dealers .. especially for those who were in need of new car due to circumstances out of control such as a stolen car or total lost of a car in accident .
@mike_realityi
@mike_realityi 16 сағат бұрын
My last car, 2016, I bought walking in off the street because the sales guy at the dealership 2 towns over lied straight up to me and the financing department was finally honest and straight forward with me. I plan on having a vehicle spec'd out how I would like it and printed off and walking in off the street and purchasing that way again and always into the future. If the dealership has something identical or close I will deal or let them put in my order. If they cold shoulder me in sales then that dealership isn't worth my time and money in the service department.
@davidszakacs6888
@davidszakacs6888 Күн бұрын
$1000 for a gasket kit? I think THAT should be looked into!
@curtjeziorski350
@curtjeziorski350 Күн бұрын
I watched a video saying you can't even find head gaskets for a hellcat. They aren't making them, and dodge says they don't know when they are going to make them! Planned obsolescence
@redbaron6805
@redbaron6805 Күн бұрын
@@curtjeziorski350 These "planned obsolescence" claims have reached absurd toddler levels by now. Cars are built with parts from thousands of suppliers. If a supplier has a problem, goes out of business, shifts to other products or just gets backlogged, there is nothing a manufacturer can to fix that, that will be quick or easy. It is literally Supply Chain and Logistics 101...
@curtjeziorski350
@curtjeziorski350 21 сағат бұрын
@redbaron6805 so not making parts isnt planned obsolescence?? I must be missing your point.
@RaySmith-b5y
@RaySmith-b5y Күн бұрын
My dad was from Portland. Good to hear from there. At 77 I am about to buy my last car. Thanks for all the wonderful advice.
@shoobidyboop8634
@shoobidyboop8634 Күн бұрын
Franchise shop rates are insane now, the insult of which is compounded by the multi-million-dollar franchise dealers' facilities.
@leonb2637
@leonb2637 Күн бұрын
The makers keep demanding renovations of dealerships like every 10-15 years, to make them look the same. Recently Mazda dealerships had to spend maybe a million or several times on new or redone facilities. That has to come out of the pricing of the vehicles to the customers.
@shoobidyboop8634
@shoobidyboop8634 Күн бұрын
@@leonb2637 I can believe it, but shifting the blame doesn't change the fact that consumers are overcharged as a result of this.
@tonyfrazier3364
@tonyfrazier3364 Күн бұрын
Went to get a lease vehicle and they said it would be $700 since it was a fully loaded SUV. Once I started the paper work the sales manager said hold on something change a the. Boom it was $1,000 a month. When I asked why they could not give me a reason. Then as I left the sales manager tried to offer me a finance car with the trim beat up and smelled like cigarettes. For $600 I told him I’m not paying for something I don’t want. He called three days later asking how they can get my business. I told him he couldn’t then a few days later his boss call saying hey we can do the lease at the price you asked I told him never mind cause I got the lease for the price I wanted
@lawsonlandry3877
@lawsonlandry3877 Күн бұрын
what i have noticed in my last month of searching is that finance managers are calling me back more than salespeople
@ericbangs5116
@ericbangs5116 Күн бұрын
I was thinking about buying a new car this year, but now I am thinking I might hold off, unless something major happens to my 2005 Subaru Forester.
@toddschlicher
@toddschlicher Күн бұрын
Don’t let this guy scare you away. He’s turned into a typical KZbinr trying to get views by exaggerating everything. This year is no different than any other, just need to do your due diligence and know your limits.
@mlowe7245
@mlowe7245 21 сағат бұрын
Your info is priceless. I wish I lived closer.
@stevenlageson1868
@stevenlageson1868 21 сағат бұрын
Very good and truthful information from what I have actually experienced .
@NatNat4Tally
@NatNat4Tally Күн бұрын
Glad I saw this 1st. This was my exact thinking, I was gonna get a $5-$10,000. beater until things get back to normal. Lol thx man!
@pcs9518
@pcs9518 Күн бұрын
A couple months ago we went to two separate dealers with $10k in our bank account to use on another car either outright or with financing. Both dealers the sales people seemed as they couldn’t be bothered to sell a vehicle. After an hour of waiting at both dealers getting runaround we left and ended up buying a car from a private party instead.
@Tonysia-y
@Tonysia-y Күн бұрын
You could sell snow to an Eskimo mate.
@BigBadJohnDiesel
@BigBadJohnDiesel 10 сағат бұрын
I just negotiated a good deal on a 25 Silverado 3500. I did it mostly through text, over the course of 3 weeks. Remember folks, its your money! If the dealership won't deal, there's always one that will.
@WWade-cm8hx
@WWade-cm8hx Күн бұрын
I tried to negotiate a deal on a new Ford Ranger pickup, and the salesman told me those trucks aren't being discounted because they sell themselves. No incentives, no discount financing, no nothing. That's why the people are leaving dealerships with $1500 truck payments. It's not happening. Good video
@ellwoodwolf
@ellwoodwolf Күн бұрын
I'm ready; ready to buy a 3k car and put 3k of work on it and not have a RIDICULOUS CAR AND FULL COVERAGE INSURANCE PAYMENT.
@GREASEs550
@GREASEs550 18 сағат бұрын
Great video and information
@leejenn07
@leejenn07 Күн бұрын
Best advise to car buyers is know that the basic belief of ALL car dealers is the adage attributed to P.T. Barnum that "there's a sucker born every minute".
@MarkEaster
@MarkEaster Күн бұрын
I have almost been screwed by non dealer sellers too in my life.
@FunkyDPL
@FunkyDPL 21 сағат бұрын
The REAL nightmare is this: Currently, I have a 2005 and 2011 sitting in my garage, both of which are in top running condition, although the 2005 will need a paint job this year due to weathering if I keep it. I would like to upgrade one of my vehicles to a 2017 or 2018 model (late pre-pandemic that will actually last), and whether it is a mid-level truck or mid-size crossover, I am still looking at $40k price tags and payments of $600~750/mo for 5 years @ 8%, even with top credit). Why would I consider doing that?
@jimrotharmel
@jimrotharmel Күн бұрын
I have purchased my last several cars from Carmax. and have been happy with all of them. I know you pay a bit of a premium buying from them, but I got good money for my trade it was all transparent. bring your own financing their rates were not competitive. the last car I bought was in 2020 I understand the premium has gone up I think I will give the rental guys a look next time extended warranties I get on any used car. the only slowdown will depend on if the economy goes into recession some say yes some say no??
@brewcityb
@brewcityb 19 сағат бұрын
One thing i would disagree on is you can still find decent 5 and 10K cars you just have to look harder and due your due diligence.
@StMaartenIslandBoy
@StMaartenIslandBoy Күн бұрын
Great video
@Reddy54
@Reddy54 Күн бұрын
I wonder what happens if DJT goes through with his 25% tariff plan? The North American car manufacturing is totally integrated and this could cause supply chain chaos and even higher car prices.
@davidpeters9343
@davidpeters9343 Күн бұрын
This was angreat video and very informative as usual and thats not surprising nothing is gonna change in the car market this year. Anyways thanks for sharing keep up the great work much love to ya mike have a good one take care god bless and I will see ya on the next one
@LA70S
@LA70S Күн бұрын
Manufacturers warned dealers not to overcharge during COVID because there would be a consumer backlask. People go into a dealership knowing the dealership is trying to try to hammer the buyer.
@CorneliusMegadook
@CorneliusMegadook Күн бұрын
I really appreciate and respect your info you present in a quick and simple way. However. Locally, there is a guy in his 80s that has a car lot. 85% of his inventory is under 10k and reliable. My family has bought 4 cars from him. Not one had issues even after 5 years post-purchase. Last being a 06 lucerne 3.8l with 25k miles for 9k. I tell everyone I see about him
@greggpurviance7252
@greggpurviance7252 Күн бұрын
Have gone in to test drive on off days & been helped fine. Told them I was deciding what I wanted to drive
@rjbeckage
@rjbeckage Күн бұрын
I’m glad I got a new 4Runner in 2023. I’m hoping to never have to deal with buying a new car ever again.
@dmimcg
@dmimcg Күн бұрын
Glad I bought my Ford truck already. Made Ford TOUGH in MEXICO. Only 72 payments left to go. Glad I got the nitrogen in the tires. It runs sweet.
@fredkadanejr-fv2te
@fredkadanejr-fv2te Күн бұрын
I was gonna be a car salesman once. I have always been highly successful 100%commission salesman in annuities, health insurance you name it. If I netted 250k it was a slow year. Showed up to interview at Ford dealership in 2018 carmine red 911 with rolex poking out sleeve. They were impressed with resume and sales #'s. I was one of the first they dismissed 😅 said I was too cocky and confident. They want some 21 year old meek kid who doesn't know the product and has never sold a candy bar. A Pumkin pie hair cutted pimple face dweeb. Oh well ford's loss. I went back to selling securities and doing well
@JK-qe6qq
@JK-qe6qq Күн бұрын
You’re funny!!!
@chrisherbert4454
@chrisherbert4454 21 сағат бұрын
Carvana bubble popping will spell the end of the used car market, Ram, Chrysler, Jeep, Dodge is going to be end end of insane MSRP in the new car market
@WRECKERMANDAN
@WRECKERMANDAN Күн бұрын
Went to Toyota for a new Tundra. My wife co-signed with me, we both have above a 700 credit score, combined make $200K a year and they still wouldnt finance me. First time Ive ever experienced this. Ive financed vehicles before with less money and a worse score. WTF?!? 🤷‍♂️
@Spaethon
@Spaethon Күн бұрын
My solid Japanese engineered car turns 27 this year. Think I'll take a pass again this year... and the next many. And he's 100% correct, the customers created this nightmare because people won't quit spending like complete idiots. Buy an older reliable car, use KZbin as a tool to learn how to maintain it, if I can do it literally anyone can. $0 car payments are wonderful, especially these days.
@JimThompson-i3u
@JimThompson-i3u Күн бұрын
No surveillance/data collection tech installed in that 27 year old car.
@juhdah2146
@juhdah2146 Күн бұрын
👍 mine is 21 y/o. Will always love it not to mention DIY friendly.
@michaelthomas5140
@michaelthomas5140 Күн бұрын
Exactly, people care way too much what others think about them and want to impress people they don’t even know. It’s like they need that $700+ car payment in their lives. It’s crazy.
@Boguardis
@Boguardis Күн бұрын
My Buick LeSabre just turned 28.. let's hope we don't get smashed by a 8000lbs EV by some soccer mom..
@darrencatenacci2737
@darrencatenacci2737 Күн бұрын
Glad I’m set for awhile on getting another car. But I generally buy used and I always deal with the same salesman. He’s steered me right for the last dozen years so he gets my business. Don’t know what I’ll do when he retires, his son also works there so maybe I’ll deal with him.
@devildocgaming
@devildocgaming Күн бұрын
Just bought a new car and used a lot of your advice and was able to get my new car OTD just over invoice pricing.
@ChevyDude
@ChevyDude Күн бұрын
Love to hear it. Great job!
@stephsjamn
@stephsjamn Күн бұрын
I was going to look at Mazda thanks for the heads up. Driving a 2012 Hyundai Tuscon Limited 105k no problems at all, think I will just stay with this one vehicle. Toyota and Honda was going to look at those also they have issues also. Why can’t we get quality anymore? Pay $$$ for junk!
@greggpurviance7252
@greggpurviance7252 Күн бұрын
The issues are all the turbo models, not the much more common naturally asperated. The hybrid cx50 is actually a Toyota drive train
@stephsjamn
@stephsjamn Күн бұрын
@ thanks. I really did want to stay away from a turbo.
@thereissomecoolstuff
@thereissomecoolstuff Күн бұрын
Hey Mike the audio was low on this one. Good info. Bummer about Mazdas. You’re the first ive heard about it.
@jdtexas2048
@jdtexas2048 Күн бұрын
Bought 2 brand new 2024 Kia’s - both in shop after 1 month - can’t even get a loaner car and I have extended warranties - Kia must not have anyone doing service - 1 got out after a month still waiting on other both different models
@pop_smoke_veteran_retreat
@pop_smoke_veteran_retreat Күн бұрын
I was hauling gas from Savannah GA to Sarasota Fl (6 hours 1 way) after the hurricane because there was no gas. Plenty of electricity, but no gas anywhere. The 2 lines for Costco was just over a mile long each. Also, gas stations run on electricity too. Without electricity, the pumps don't work.
@DunnMotors
@DunnMotors 7 сағат бұрын
Tell the managers that its 10%, they seem to think it's much higher and make the sales people miserable about closing, ups and sale ratios (this has been my experience) 😵‍💫
@leonb2637
@leonb2637 Күн бұрын
Interest rates also went up on loans as part of the Federal Government trying to slow inflation. We had many years, from 2008-2021 of historically low interest rates on mortgages, credit cards and of course, vehicle loans. That means longer term and higher payments. Due to longer loan terms, and higher prices, people are not trading in cars as often, so less cars available. Some that are being traded in are models like the cited Mazdas with turbos, serious engine or transmission flaws so have less value. It may be cheaper to fix a car than get a new/newer one. As to extended warranties - many are junk, don't cover as expected and are overpriced, with too much in commission to dealers and other sellers. I would also be afraid of many used cars that are not well maintained either due to costs many can't afford, are ignorant of doing so or as can't do on your own. Some vehicles (for example some BMW's) don't even have engine oil dipsticks so problems are not caught in a timely way. It will be interesting to see how used only lots like yours will survive due to more complicated cars, needing specialized dealer only equipment to fix, especially with EV's.
@dennissvitak5475
@dennissvitak5475 Күн бұрын
I plan on purchasing a new vehicle in 3-6 months. I will have ZERO problems. They either accept MY terms, or I walk the f*ck out. Easy peasy.
@ChevyDude
@ChevyDude Күн бұрын
That’s not the right attitude to have. Approach the situation with knowledge, solid comparisons, and a calm demeanor, and you’ll see better results. If you choose to be a Karen , dealer will have no problem parting ways as it’s not worth the stress-there’s always someone nicer ready to work with them.
@GMPowderCoating
@GMPowderCoating 14 сағат бұрын
I don’t have lots of money but want to start dealing with few cars. I know you use lots of apps to check vehicle info and vehicle scores. I looked and they are expensive. Do you recommend one over the rest? I’ll be auction buying
@SS-lt3mh
@SS-lt3mh Күн бұрын
I do not intend on sitting at the dealership to make my our deal, I am doing it completely from home. I will go to dealership to test drive and pickup my car.
@TheGarageisFull
@TheGarageisFull Күн бұрын
You have to do the math when you’re looking at a vehicle that they’re offering you $3000 off but you have to pay 5.49% financing or you pay full price but they’ll give you 1.99% financing if you really do the math you’re really paying almost the same amount for the car
@roycervantes1341
@roycervantes1341 Күн бұрын
Good morning Chevy Dude,,,,,,,,,,,Yeee Yeee 😊
@OGDoubleJ
@OGDoubleJ 19 сағат бұрын
I was forced to buy a car first thing this year. Of course after all the year end sales and all that. 😢
@MudMonsterRacing4
@MudMonsterRacing4 Күн бұрын
What do you think about buying a new 2023 in 2025? How much of a discount should we look for off of msrp? Guessing is would have to be significant since the vehicle has already depreciated.
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments Күн бұрын
You can have a great salesperson but all that goes out the window when the Sales Manager comes over to introduce themselves. Then you could be right back at square one.
@GEORGIABOY23
@GEORGIABOY23 19 сағат бұрын
I get great cars for 5 to 7 grand all the time on Facebook Marketplace, so I disagree with that.
@MarcoGallo-ud8qd
@MarcoGallo-ud8qd Күн бұрын
This is a great video. My advice would be stick to your budget. Don’t go based on monthly payments. The price of the car is very very very important more so than the monthly payments. What do you say? I think a lot of people go based on payments and buy a lot higher level than they can afford and need just saying great video. Keep up the great work. It is good and bad sales people out there just like any other industry. You’re one of the few good ones man keep up the great work and God bless and have an awesome up week to your wife and family.
@hijinks21
@hijinks21 Күн бұрын
Car market will turn into the diamond market. The suppliers withholding the supply to keep prices high
@joegrahe3958
@joegrahe3958 10 сағат бұрын
that was already done a couple years ago
@victorsong8416
@victorsong8416 Күн бұрын
You should factor-in the deep recession that is coming, and has already started. The economy will not be "normal". It isn't normal already, except the admin hid it with fake stats for the election. Businesses (stores, eateries) are closing by the thousands, I hear layoffs everywhere, many areas home inventories are outpacing pre-pandemic; inflation - especially food - is way up. . Perhaps the LA reconstruction will help the economy in CA. It's way more complex than you envision...
@drw-007
@drw-007 Күн бұрын
New and used cars are dropping their prices at levels I never seen before. I don't know if today is the peak time to buy or not, but at this rate dealers are going to have to start giving cars away.
@michaeltipton5500
@michaeltipton5500 Күн бұрын
No problem. Keeping mine.
@TPUSILL
@TPUSILL Күн бұрын
Every market is different. Some are over loaded with vehicles and need to sell so you'd have a better time getting it at a better price.
@TATERNUTS1
@TATERNUTS1 Күн бұрын
I think you have alot of good points for sure. However if your in the market for new anything not named Toyota, Honda or Lexus the prices have absolutely dropped. Especially CDJR who are selling 30 percent off MSRP and even more.
@chrisced007
@chrisced007 Күн бұрын
I just bought my wife a 2025 Nissan Rogue Rock creek edition. Since 2022 Nissan has been using the 1.5 3Cyl turbo on the rogue paired with a CVT which my opinion isn't the best choice of engine and transmission. We bought also factory Nissan extended bumper to bumper warranty 8 years 100,000 miles for peace of mind. An extended warranty is going to key in buying any new or pre-owned vehicle because of all of the technology and shotty build quality from 2020 on. I wish I would have bought an extended warranty on my 2018 Chevy Silverado that are known for AFM issues, torque converter, and transmission issues. Was quoted $2,900 to replace the steering rack because its popping while turning. In the meantime I'll shop for more repair quotes and wait for it to get really bad before replacing it.
@ChevyDude
@ChevyDude Күн бұрын
Change that transmission fluid every 2 years or 30k miles and you will see a reliable trans. Congrats on new car.
@chrisced007
@chrisced007 12 сағат бұрын
@ absolutely. The transmission is definitely going to be serviced much earlier than the recommended maintenance. My wife’s former 2015 Rouge I had the transmission fluid changed at 64k then 95k. I would’ve changed it sooner but was arguing with a service writer saying it didn’t need changed sooner. Ended up getting it changed somewhere else.
@michaelthomas5140
@michaelthomas5140 Күн бұрын
Seems like car manufactures and dealerships would rather sell fewer but more expensive vehicles instead of selling more vehicles at obtainable prices for the majority.
@redbaron6805
@redbaron6805 Күн бұрын
That would likely be correct, and the simple reason is margins. A manufacturer may make $2000 on a base model car, but they may make $5000 to $10000 off the fully loaded version. The margins on the loaded and high end models are much higher. The same applies to the dealers. They probably get a percent commission on sales and financing. So, if that is lets say 1%, they would make $300 on a $30k car, but $600 on a $60k car...
@mikemissel7785
@mikemissel7785 Күн бұрын
I just bought a new Colorado actually below MSRP and the dealer have any mark ups on the truck. The only thing I bought was the bed cover and I got a deal on that I believe dealers are learning from mistakes made.
@Kevin-mk6jo
@Kevin-mk6jo Күн бұрын
Was the car he bought, the one used for the gigs when he was in the offsprings? Or is he the guy from starship troopers?
@TheCXTKRS1
@TheCXTKRS1 Күн бұрын
I have been looking for a new car and I am not super picky. Sticking with Ford, Nissan and Mitsubishi because I am looking to make a deal. I do my homework and I am targeting vehicles that have been on the lot for a while (usual more than 150days) cause I figure they want to those off the books. The most I have been been able to get off is $500 below MSRP. Maybe it is just my local area but the dealers I interact with here seem content to sit on their inventory.
@mexicanspec
@mexicanspec Күн бұрын
How did the dealership justify a $100 commission on the most expensive car on the lot?
@mariovega7707
@mariovega7707 Күн бұрын
Thanks And what are you think about the interest rate are going to be for 2025
@daveh7517
@daveh7517 Күн бұрын
Bad take around 1:03, as the "expert" you should know better than to fault the victims.
@OrangeBoss-ww8eb
@OrangeBoss-ww8eb Күн бұрын
had a toyota dealership in des moines said we had to have 80K, went to lexus dealer in same town go a nice low mileage lexus for 35K
@SaltStorm007
@SaltStorm007 Күн бұрын
Lol….they barely know how to take an order😂My Brother just bought a 2025 Camry hybrid and the salesperson couldn’t figure out the computer so he lost the car he wanted originally.
@secretlee7957
@secretlee7957 Күн бұрын
It's gonna cost the Stealership, cause Nobody's buying Anything🆘️
@garystar1592
@garystar1592 Күн бұрын
I am thinking of purchasing a 2025/2026 Honda CRV Touring Hybrid. Other than the dealership trying to sell me a extended warranty for profit, what is the advantage for me to buy the extended warranty ? I am a retired senior and drive about 8-10k miles a year including road trips. I would rather keep the extra money in the bank. What are your thoughts ? Tia -:)
@flashnmb1
@flashnmb1 Күн бұрын
Honda could be a better deal; friend listened to me & @ end of month got 6K off MSRP on a Ridgeline new. Honda unlike Toyota wants to move product.
@mexicanspec
@mexicanspec Күн бұрын
If you are going to keep the car past the factory warranty you need the extended warranty. One tail light can be $5000 dollars to fix or replace.
@doonie5396
@doonie5396 Күн бұрын
Fact is car dealers have always been ranked as one of the lowest trusted businesses in North America. That still hasn't changed and never will...
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