Car Dealers STRUGGLING! They STILL REFUSE To Lower Prices!?!?

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CQA Live

CQA Live

Күн бұрын

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@JackMorgan_RLP
@JackMorgan_RLP 8 ай бұрын
They would rather throw the car away than sell it to you for a decent price …. Maybe not lol but it seems that way
@ryandoyle4344
@ryandoyle4344 8 ай бұрын
Why lower all prices, when dumping one will solve today's problem. Thought process of companies in a death spiral. Dealers are facing manufacturers, federal reserve, banks, direct sales & customers.
@Javiiscool
@Javiiscool 8 ай бұрын
It's classic 😎
@Nate-vf2js
@Nate-vf2js 8 ай бұрын
Ikr that baffles me send to auction for less than give you the deal
@raymond_sycamore
@raymond_sycamore 8 ай бұрын
Sounds like my love life
@donsisco7118
@donsisco7118 8 ай бұрын
@@Nate-vf2jsthis exact thing happened at a Toyota dealership, instead of dropping the price I was told they would send it to the auction
@jerryt87
@jerryt87 8 ай бұрын
Gotta love it. They'll take a 40% loss at auction, but won't sell it to you at a 30% loss. Amazing.
@olddude7401
@olddude7401 8 ай бұрын
The best negotiating tool I have found over the years is GET UP AND WALK OUT OF THE DEALERSHIP!!!! Just mention to them that “it is obvious by your offer that you want this vehicle in your inventory more than I want it in my garage” --- Find another dealer.
@Betamax84
@Betamax84 8 ай бұрын
I’m stealing this line ❤
@subiesojourner777
@subiesojourner777 8 ай бұрын
A great line to use.
@richdiana3663
@richdiana3663 8 ай бұрын
I walked out of VW dealership years ago after the entire sales staff kept trying to keep me there with more trinkets. I knew walking in I was not ready to buy, but I wasn't able to convince them until I left.
@EightiesJames
@EightiesJames 8 ай бұрын
Oh Yeah? They still have Your Keys... 😅
@markdittbenner9949
@markdittbenner9949 8 ай бұрын
Perfect thing to tell them... Everybody should tell them that
@fredh.1255
@fredh.1255 8 ай бұрын
These dealers deserve to go out of business. Most of them are common thieves. Don’t feel sorry for them whatsoever.
@mjsboda777
@mjsboda777 8 ай бұрын
Car Dealers are rich and will not go out of Business thay will auction cars off. and recope there money, before selling a car to you for a discounted price.
@pxsteel1
@pxsteel1 8 ай бұрын
We do not need car prices to go down 10%. We need them to go down 40-50%.
@Latour6182
@Latour6182 8 ай бұрын
That’s on the other side of the spectrum - unreasonable and unrealistic.
@Hardcase94
@Hardcase94 8 ай бұрын
​@@Latour6182It's realistic when pay hasn't been bumped up to meet inflation prices.
@dkrawk8309
@dkrawk8309 8 ай бұрын
Why not make car prices go down 150%??
@aldati265
@aldati265 8 ай бұрын
Finance a 70k vehicle for 72-84 months? When they offer a 10 year 500,00 mile bumper to bumper warranty or hell freezes over.
@michael2275
@michael2275 8 ай бұрын
F the dealers. Nobody wants to deal with their antics
@riseharris5204
@riseharris5204 8 ай бұрын
And Eff the manufacturers for making cheaper vehicles and charging dealers more for them. We aren’t stupid!
@dkrawk8309
@dkrawk8309 8 ай бұрын
No, dealers don't want to deal with boneheads like u
@larueskee
@larueskee 8 ай бұрын
I think the bigger issue is with new car dealers leaving the sticker in the window at MSRP, along with any additional mark-up stickers. When a truck that cost 35k 10 years ago has a sticker of $80k a discount of or incentive of less than 10% isn't moving the needle. The dealers and manufacturers need serious price reductions. 10 or 15 k has not been moving the needle much for the Gladiator.
@TheBandit7613
@TheBandit7613 8 ай бұрын
They aren't going to lower prices much. Two new batteries for my diesel pickup were over 250 bucks. Priced of everything is up. They aren't going to give them away, that's not going to help them either.
@jamesdallas1493
@jamesdallas1493 8 ай бұрын
Manufactures should build more base models.
@WildBikerBill
@WildBikerBill 8 ай бұрын
@@jamesdallas1493 Americans have been voting with their wallets for decades that they don't want base models.
@johnweiland9389
@johnweiland9389 8 ай бұрын
With newer computer software, they can change the prices. MSRP means 0.
@dougsheldon5560
@dougsheldon5560 8 ай бұрын
It's not inflation, it's the greed of raising prices to increase profit margins. Look at how much Jeeps have gone up.
@finallythetruthisout761
@finallythetruthisout761 8 ай бұрын
What a situation we find ourself in. Dealers call 22 models new when they are are over 2 years old. My truck is over 7 years old and it still runs great. I do not need a new vehicle.
@OldGreyBeard45
@OldGreyBeard45 8 ай бұрын
My local dealer got mad at me. They had a “ big April sale” going on and was trying to get me in there. The funny part was the quote they sent had me paying $200 more a month. I politely said no thanks and that I would wait a few months, the market is way off for me to willingly jump into a higher payment, I’d come back when prices came down, salesman asked why I thought prices would come down and I said, that lot out there full of 23 models 😂, he said we are good and you’ll be back. I said “ not anytime soon, I don’t have to buy a car to survive but you have to sell them to survive. His smile melted away. These guys are still living off the high of the 2020 shit show imo and way out of touch with reality.
@danheaton2522
@danheaton2522 8 ай бұрын
Just had the experience today. Used Saturn Sky, they want 13,900. My credit union valued it worth 9200 and that was the max they would loan on it. Dealer wouldn’t budge one dollar. So I told them good luck, they’re going to need it.
@aradoran
@aradoran 8 ай бұрын
I’m driving a ‘05 Ion Redline. Don’t see a lot of Saturns these days. Was it the redline sky, MT? Those are sweet looking cars I always wondered how they drove. Look better than the Solstice.
@danheaton2522
@danheaton2522 8 ай бұрын
@@aradoran 08 Sky Redline automatic.
@Ellis1127
@Ellis1127 8 ай бұрын
I bought a new ‘23 Ram Big Horn Hemi Equip Gr-1 on 3-22-24 with a MSRP of $61k for $49,329 OTD. Bought near Kalamazoo MI. I visited four different dealers in two states. I did use the 1st Responder and Employee Choice incentive. I’ve been looking since September, watching Brandon and the Car Edge channel was helpful.
@DarkHorseParatrooper
@DarkHorseParatrooper 8 ай бұрын
Both local dodge dealers here owned by the same family. 25 to 50k "market adjustment" on all of them, they outright refuse to do business with anyone unwilling to pay. I've bought about 6 cars over the last 10 years from them. Over 800 credit score. They won't work with me.
@peterwilson8039
@peterwilson8039 8 ай бұрын
In many cases people selling houses can’t lower the price to sell the house because they can’t sell the house without clearing the mortgage. I wonder what happens to the inventory if a new car dealer goes out of business.
@iverr6
@iverr6 8 ай бұрын
Ive been looking for a truck in the Houston area, every dealer with the exception of a couple all have those addendum stickers in the window. 2-3k extra for some BS wax job and nitrogen which they will not negotiate on. Its such a scam, I cant believe people actually pay for that shit.
@baypos
@baypos 8 ай бұрын
Used car prices are insane in my neck of the woods. 20 year old and high mileage cars $6k. Sitting on their lot rotting for over a year. Unless you're lucky to find a private seller, grandma's car.
@vsFY2023
@vsFY2023 8 ай бұрын
Dealers are def struggling. Especially Dodge / Ram / Jeep. I can tell because I inquired about a TRX about 6 months ago and heard nothing. Now I have had multiple sales people calling me 3 times in the last week.
@orangepeel1366
@orangepeel1366 8 ай бұрын
why waste time haggling with a stubborn dealer over a vehicle ... they won't lower the price? let them drown ... keep your car .,don't cave in cuz you want a new car ... let them close .. they don't give a damned anyway.
@viewfromvt4698
@viewfromvt4698 8 ай бұрын
Buying a new car is the same as younger people trying to buy a new house. It is just financially impossible for most Americans at the current prices
@kevinwest7912
@kevinwest7912 8 ай бұрын
The price of new cars and trucks is NOT unreasonable considering how much the dollar has been devalued by the goobermint. When I was graduating HS in 1975 a brand new PU truck cost 5k for a work truck. A really luxurious truck was about 10-12k. The price of gas was 49 cents/gal. There has been at least a 10X reduction in the value of the dollar since then. So now your bottom line work truck is 40-50k and the luxury ones are 100k, gas is about $4-5/gal- more in cali-fd-up. People's perception has just not stayed in pace with this reality since this happened in such a short time.
@texdevildog9174
@texdevildog9174 8 ай бұрын
Buyers need to have walk away power. Don't fall in love with a vehicle that isn't yours. It is not your vehicle until to sign for it.
@theberrybest
@theberrybest 8 ай бұрын
I sold my 2012 Acadia two years ago to give me the vin for $13,000 when the market was hot. I saw what was coming and made a move prior to the tags coming due. I'm glad I made the move when I did.
@subiesojourner777
@subiesojourner777 8 ай бұрын
I'm in NW Tennessee and a good friend of mine is the Assistant GM of a Ford dealership. I stopped by to see him yesterday and asked him why he doesn't have any new cars/trucks as their lot is pretty empty except for quite a few trade-ins or auction purchases they made. He said ...................... "I'm having a tough time getting them." WHAT? I was telling him about some of the YT videos where dealerships have no room for vehicles and he can't get them? Sum Ting Wong.
@toddprater14
@toddprater14 8 ай бұрын
Ho Lee fuk,We 2 low, either this guys dealers late on interest floor plan payments or they have been cut off… there might be a chance that dealer goes under down the road
@subiesojourner777
@subiesojourner777 8 ай бұрын
@@toddprater14 I don't think that's the case as they have been in our area for 32 years. It's one of those daddy to son transfers. Also, they were one of the first to fork out the moola to add 3 EV charge stations.
@dondgc2298
@dondgc2298 8 ай бұрын
So you’re gonna believe a good friend who owns a dealership or a KZbin video?
@subiesojourner777
@subiesojourner777 8 ай бұрын
@@dondgc2298 It's not just one YT video. There are many showing F-150's lined up on lots. I'll be meeting with him again next week as we usually go out to lunch a few times a month. I'm gonna dig a bit deeper.
@Ildjarnn
@Ildjarnn 8 ай бұрын
Yea the Charlotte, Lake Norman region of NC is out of control for used car prices. 20k for a 2009 4runner with over 250k miles. 15k for 1990's Ford Rangers.
@rockscrambler6700
@rockscrambler6700 8 ай бұрын
It's ok we can wait!
@harrymurphey2634
@harrymurphey2634 8 ай бұрын
... I have a 2007 F-150 4X4 ... the 4.6L was having issues ( G*D PLASTIC INTAKE MANIFOLD !!!) but ... the body was "No rust./dents/clean" ... checked price on a new truck ... OUCH!!! so I had the motor rebuilt ... it's good for another 10 yrs at least ...
@InternetUser._
@InternetUser._ 8 ай бұрын
And there’s probably tens of millions of other people doing the same. These dealers played themselves.
@Steven-em5if
@Steven-em5if 8 ай бұрын
I have a 2004 f150 and did the same thing about 40,000 miles ago.
@DevylsAdvocut
@DevylsAdvocut 8 ай бұрын
I am just now finally starting to see prices come down ever so slightly in SoCal. Only took nearly 2 years
@kemangraya2382
@kemangraya2382 8 ай бұрын
I don’t make friends with dealers. I show that i am arrogant and unless they serve me well I won’t budge their phone calls/texts. I told them i have time to wait and I do. Consumers should be KING again and don’t let them fool you
@robshaw2990
@robshaw2990 8 ай бұрын
I often get up and walk out. The funniest to me is after I leave and go to the next dealership and I end up buying from them and literally while I am driving home in my new truck I get a call from the first dealership asking me to comeback. It has happened twice now.
@paultomeh9120
@paultomeh9120 8 ай бұрын
You’re very much on point here. Some dealers are showing lower prices by heavy discounts, while others you have to go in and do some work. It depends on the market and the vehicle. But they’re not going to just give it to you. You gotta do some work.
@DavidJohnson-yd2jw
@DavidJohnson-yd2jw 8 ай бұрын
Dealer south of Atlanta advertising Chargers at 15% below cost. This is what's coming.
@johnholt8785
@johnholt8785 8 ай бұрын
I’ve got a 2012 Toyota Tacoma with 116 thousand miles on it . I have no interest in paying the prices these dealers want for a new truck . They can set on them for ever as far as I’m concerned .
@WarTheory
@WarTheory 8 ай бұрын
Looking for a new vehicle..... Had a great deal on the table... when I was going over the pricing there was a $500 first responder fee... told the guy you made a mistake I'm not a first responder I don't need that discount but you added it up wrong. You're actually charging me $500 more.... I was wrong they were charging me $500 for not being a first responder... finance manager actually killed the deal with $500
@twobabejinkins1736
@twobabejinkins1736 8 ай бұрын
3% off a vehicle that’s price has gone up 50% over the last 3 years is not a deal. I still have a local ford dealer in SC charging 5k dealer markups on F150s. Greed ! Guess full lots are ok !
@jaimeedwards-f2y
@jaimeedwards-f2y 8 ай бұрын
Not advertising lower prices just tells me that dealers are not hungry enough. They will be soon though and proactively promote lower prices. Also unless auto makers start offering low Apr for more than 60mo I don't see product selling much. 0% for 36mo does not help most middle class because Americans can only afford with 72mo term sadly.
@johnholt8785
@johnholt8785 8 ай бұрын
Well these car dealers tied the car buyers up with ridiculous payments for 84 months . The dealers are getting their paybacks . Hope no one buys one this year .
@DionGaiera
@DionGaiera 8 ай бұрын
They can mark them down all they want interest rates make them unaffordable
@roneddy815
@roneddy815 8 ай бұрын
Exactly. You nailed it.
@savagesmallengine3991
@savagesmallengine3991 8 ай бұрын
There is a way to not worrying about what the banks are charging for interest rates. PAY CASH!
@DionGaiera
@DionGaiera 8 ай бұрын
@@savagesmallengine3991 paying in cash for most people is not realistic but agree if possible that’s the way to go
@cuz129
@cuz129 8 ай бұрын
I bought a 2023 Tacoma this week, at auction. It was a great buy!
@dave3657
@dave3657 8 ай бұрын
I go to CarMax, plenty to choose from, new, old, no junk. “But you pay more” people say. 😭 I still compare the price, some are priced better than others. Plus my time is worth money too. 🖥️💸 Never hear lines like “I was thinking of buying this car myself.” or “Let me talk to my manager.” 😡
@SirtubalotTX
@SirtubalotTX 8 ай бұрын
some of us are blessed, and have maybe one or more older vehicles around us back ups. I for one of repairing and updating something older that doesn’t track everything I do either. let them continue on their path, game on.
@ThePTRichie
@ThePTRichie 8 ай бұрын
An excellent explanation as to why dealer's dump cars at auction rather than sell to the public. 👍
@smurfythesmurf
@smurfythesmurf 8 ай бұрын
Future Ford in Sacramento still marking up stuff like mad. They might have a few on “sale”, but they are low trims and probably used as bait.
@watchingforhisreturn4709
@watchingforhisreturn4709 8 ай бұрын
When Ford can make a solid reliable F150 with a 5.0 coyote for 40k new, I'll consider it. Don't need or want the fancy tech. Just basic bluetooth for cell and audio.
@fattie2550
@fattie2550 8 ай бұрын
No real deals in Boise Idaho. They might knock off 1-3K which is nothing. No thanks
@ryandoyle4344
@ryandoyle4344 8 ай бұрын
Traveling helps sometime
@billeidaho871
@billeidaho871 8 ай бұрын
They can take those cars to the grave with them if they aren't ready to make M A J O R price cuts!
@flyingspirit3549
@flyingspirit3549 8 ай бұрын
As always, thanks for a chance to "look behind the curtain" and see a world that most of us never see and know nothing about. As you requested, subscribed (some time ago!) and "liked".
@CQALive
@CQALive 8 ай бұрын
Glad you enjoyed it
@noleftturns
@noleftturns 8 ай бұрын
Haggling is something Americans hate - in virtually no other part of our adult lives do we haggle for anything - maybe a house but we are poor at doing that. There is NO reason why car dealers can't sell at the MSRP - non, zip, zilch except they are good at it and love to screw customers something they wake up in the morning and drool over all day long - screw the customer
@External2737
@External2737 8 ай бұрын
Why Tesla is growing. You just order, it lays out options. I have an old Honda now, my next car is a Tesla to avoid the haggling. I hate how *after* you have a price it is 4 hours of continuing sales for ad ons. I walk away to get a coffee, but they won't stop. Buggy whip sales people.
@noleftturns
@noleftturns 8 ай бұрын
@@External2737 Growing? BEVs are dead - dying all over the world. Hybrids are now in My 2 year old Tesla Model Y has lost 66% of it's MSRP - 2/3 gone in 2 years. Use CostCo or USAA buying service and no haggle - flat price.
@31446963048
@31446963048 8 ай бұрын
Without doubt there has been issues, and bad ones, with dealerships. But thats not all of them. Dealers in general have been forced to go along with pricing both at the manufacturers pricing and the auctions. The amount of leveraging in this industry is insane. You can buy fixed price cars. Its called Carvana and the other one. But there are issues there too. If you want to see what a fixed price auto platform has to offer research the trabant.
@Dennis0824
@Dennis0824 8 ай бұрын
I have always haggled for price on cars. Let's face it; cars are the second most expensive asset that most people buy. A home is the most expensive. Don't you haggle for the price of a home? You may not do it yourself; you get your agent to do it. So why not for a car? If you can't do it yourself, hire someone to haggle for you. Personally, what I have always done is submit an offer IN WRITING to the sales guy, and I signed it. All the dealer has to do is sign it to make it a binding contract. Usually, what happens is they outright refuse it, or the sales manager will counter the offer and initial the changes. Quite often the counter offer is close to my initial offer. If they refuse, I get up and leave. My name and phone number are included in the written offer. Usually, within a week, the dealer will call me and accept the offer. You just need to have the patience to wait them out.
@noleftturns
@noleftturns 8 ай бұрын
​@@Dennis0824 Spoken like a loving Elon Fan Boy. Name any car in history where the manufacturer sold an identical car 2 years later for $25,000 less. There is none-no car company is run by an insane person who pretends to be God's gift to the car world. Elon killed the resale value of ALL Teslas by overproducing cars that need firesales to get rid of them. Elon needs to close and sell off a gigafactory and fire 25,000 more employees or Tesla won't be here in a few years, with Elon running the company into the ground. But you seem to have a boat load of excuses for the Boy Wonder.
@SouthernComfort76
@SouthernComfort76 8 ай бұрын
Why does everyone think that tax season, is pay day? It’s sounds like the majority aren’t paying taxes, if they are getting money back. The real tax payers don’t get paid at tax season. I have gotten one check from the IRS and I am almost 50! Tax season if you paid too much, the government gives it back. And if you didn’t have enough taken out, you pay. It’s not a pay day to look forward to., unless you’re a single mom that doesn’t pay taxes, but gets back thousands every year!
@jscarpetta1
@jscarpetta1 8 ай бұрын
MSRP is too far off for 3% discount to make a difference. Dealers may be struggling but manufacturers aren't really. Look at manufacturer earning reports they are still doing OK. With MSRP increases they are moving less metel with similar profits. I am not returning to the market till these ridiculous MSRP's come back down to reality.
@blakespower
@blakespower 8 ай бұрын
I did notice MAZDA dealership I called them about a Mazda 3 premium. and now they sent me an email they dropped the price 1000 dollars. buts its too late, already buying a camry
@joelbutler6621
@joelbutler6621 8 ай бұрын
They can keep their new over priced junk Im sticking with my old tried and true 99 chevy silverado
@arrowrod
@arrowrod 8 ай бұрын
That ain't right. With a modicum of mechanic skills, you can keep it running forever. What about all of the jobs overpriced vehicles. provide?
@eseir64
@eseir64 8 ай бұрын
One of the negotiating tactics that I have used is the tell the finance manager to lower the interest rate if I agree to purchase the extended service plan. Then, you cancel the plan within 30 days and you get to keep the lower rate. In some cases in can amount to .60 to .75
@jimmulderig743
@jimmulderig743 8 ай бұрын
I agree, I live in Pa trying to get a deal on new rav xle from East Stroudsburg Toyota trade values are awful and bought 4 cars from them in the past. My trade is 2019 rav 41,000 miles.
@toddprater14
@toddprater14 8 ай бұрын
In the old days buying 4 cars from them ment repeat customer, and take care of him… now they could care less they don’t look down the road for u to comeback, they just wanna screw each and every customer for as much as they can
@michaelb.8953
@michaelb.8953 8 ай бұрын
I learned in 2018 that car dealers don't want repeat customers. I bought 3 factory new cars over the years from a Toyota dealer local about 10 minutes from my house here in Pennsylvania and they tried to screw me hard on my last deal even after the sale was done. It was so bad I had to call Toyota corporate itself to finally get some resolution 6 months later. I vowed to never ever go to that exact dealer ever again. My next car I'm fully prepared to travel, even over state lines if I have to. Stay away from Kelly Toyota in Hamburg, PA on the other side Allentown formerly called Freedom Toyota. They tried to steal my $4,500 Rav4 trade in (give them a free car) without paying me and tried to steal my $3,000 manufacturers rebate from Toyota. Not to mention all the profits they made on the sale. All the other prior car deals went through without a problem, but they screwed up. They will never see another penny from me.
@aarmancuda3570
@aarmancuda3570 8 ай бұрын
I would'nt trade that used rav in at all.. it only has 40K miles on it.. their trade offer would probably be insulting..thats really low miles..I just keep it and drive it for a while until prices fall ..
@cb6384
@cb6384 8 ай бұрын
I wish they would make new trucks without all the electrical bells and whistles (which jacks the price way up), my ‘04 Dakotas biggest feature is power windows, and air conditioning. If I could buy a brand new truck like that I’d be sold. Having a vehicle that requires an update is not something I’m interested in. If they can update your vehicle, that means they can also shut it off.
@ianbrant1013
@ianbrant1013 8 ай бұрын
I feel for the people in America in uk we have companies like car wow … you put in the spec of the car you want and the dealers come back to you with the best price all you have to do is pick the best deal
@slick313ify
@slick313ify 8 ай бұрын
Let them keep their cars 🤷🏾‍♂️ hope Americans stay grounded and don't buy until the prices goes down the average American citizens can't afford a 100k+ we barely can do 40k and 50k with all the insurance of living in America after we get taxed on our paychecks and everything we buy and own 😂😂
@theirishman088
@theirishman088 8 ай бұрын
F these dealerships. I worked at 1 and it was scam after scam. They had no shame and would give out ridiculous prices and laugh. They know people need a car so they just sit back and wait.
@lucretiz
@lucretiz 8 ай бұрын
I going car shopping and I will use these tactics. I have cash and an 800 credit score. They better make it worth my while or I am out.
@XCELERATIONRULES
@XCELERATIONRULES 8 ай бұрын
Notice how the consumer has crippled the ev market? Gm,Ford,ram,next!
@ordinaryhuman5645
@ordinaryhuman5645 8 ай бұрын
It was the whole auto market the entire time, not just the EV market. It just shows up later in legacy auto financials because dealer parking lots act as a layer of abstraction between consumers and manufacturers.
@whatsamattayu3257
@whatsamattayu3257 8 ай бұрын
Who would want to buy any Ford model these days? They just announced another recall because the taillights may stop working. I've lost count on how many, but it's a lot.
@joemartin8888
@joemartin8888 8 ай бұрын
I feel like your beard is subliminally giving me the middle finger... Love ya brother!!!
@toddprater14
@toddprater14 8 ай бұрын
So glad my 2010 Sierra Denali runs great was built with a 6.2 engine that doesn’t have afm and only has 107k on it.. I’m out of the market for good , yes a new truck would be nice , but dealers scamming people, high interest rates killed it for me… ain’t dealing with massive interest charges to borrow money … we’ve reversed to the old days 50 years ago… save your money , pay cash and eliminate the need for a loan with high interest… takes longer , but a bank won’t be raking you over the coals…
@rcjmack847
@rcjmack847 8 ай бұрын
Isn't it risky to buy something that has been on the lot for 300+ days?
@cautiousoptimist1926
@cautiousoptimist1926 8 ай бұрын
The only offers I've seen have been for low financing. I'm yet to see prices drop. Dealerships will go the way of brick and mortar, and laws will be changed to allow for direct to customer sales.
@JohnS-il1dr
@JohnS-il1dr 8 ай бұрын
Not with NADA who sends a dozen or or so lobbyists to DC to make sure that never happens. Also donation to both parties total around 30 million a year so yeah.
@cautiousoptimist1926
@cautiousoptimist1926 8 ай бұрын
The major manufacturers have revenues in the 100s of billions individually. 30 million is an insignificant sum .
@bigdghost3319
@bigdghost3319 8 ай бұрын
When I bought my 2016 F250 Lariat 4 x 4 crew cab- I walked up to the bidding truck looked at the MSRP, pulled my calculator and deducted 18%. The night before I reviewed their web site for deals on F250's... Just so happens, the truck I really wanted was next to the bidding truck I was telling them the price I would pay- they offered the truck I wanted (they didn't no that) at a lower price than their advertised price.... I walked out the door 26% lower than my truck's MSRP. When I stated I had a trade in, they tried to low ball me- I said have a good day and walked out, they called my cell as I was driving away and payed 5% below my price- they crap themselves in the finance office when produced the title for my trade in- thinking they could pull the old; now we have to apply the payoff of your old truck to your new loan- no you bought my used car.. Yea, let me show you this title....... Let the MF's swim in their own sh**........... If I bought a new F250 today I would deduct 48% from the sticker.....
@4dognight192
@4dognight192 8 ай бұрын
Dealers want you to finance through them because they plan to recover their loss or discounts through their financing terms. Do not allow them to drag you in withthis tactic, go to another financial institution for outside financing. I recently negogiated $3,000 off a Tacoma and the dealer wanted me to finance through them. I declined and told them I was going to my own financial institution, they 'sold' the vehicle out from under my offer. Ultimately, I will find the vehicle I want, and it won't be financed through a dealership.
@916Motorsports
@916Motorsports 8 ай бұрын
Here in Northern Cali, used car dealers actually bumped their prices over the past 2 weeks…. 100k mi trucks at 20k
@bobperry1070
@bobperry1070 8 ай бұрын
In Michigan it seems like a if you want a 1500 chevy pu you can get a discount, but if you want a 2500hd chevy they are not going to give you much of a discount, sometimes you can get a few accessories thrown in but not much off of the invoice . Great job , love your information !
@Steven-em5if
@Steven-em5if 8 ай бұрын
I have a buddy looking for a 2500 used, having a hard time.
@MarcPagan
@MarcPagan 8 ай бұрын
His buddy losing 40% per car, sounds like the airline business during the 90s ...we lost money on every seat, but we made it up in volume :)
@ToadsandTurbines
@ToadsandTurbines 8 ай бұрын
Many years ago I use to only buy from private seller but in recent years I began finding better deals from dealers. Now it seems like it's s tossup. It seems that all sellers are ignoring Kelly values these days.
@BonannoCM
@BonannoCM 8 ай бұрын
Banks will ultimetely make or break car dealerships.it's only a matter of time.
@douglassheffield6300
@douglassheffield6300 8 ай бұрын
They better start lowering price soon or they may not need to do anything when the repo’s start on them… 😢
@qubed222
@qubed222 8 ай бұрын
Here's my line in the sand (for a good dealer) - what's a REASONABLE profit margin for the dealer to conduct business? I don't mind paying that amount. If I get honest, good service, I understand they are in business to make profit and provide a service and that is fair. ANYTHING beyond that, I walk out. The OTD price needs to be that number and they can sell to me in 30 minutes and move on and have a customer for life. Very simple. Finding one who will conduct business that way, not so simple.
@stlc3415
@stlc3415 8 ай бұрын
Just walked around a car dealership in Nampa, ID. And most of the full sized trucks were discounted from $1000 to $8000.
@FolM82z
@FolM82z 8 ай бұрын
I think because most franchise dealerships don't live in the real world. Even when they are struggling, they are still predators waiting to take advantage of consumers who are not well educated in the world of buying new cars.
@steveg6978
@steveg6978 8 ай бұрын
It is still bad, around me they are selling 3 year old 4runner for invoice on their original year. With 60K miles
@daleolson3506
@daleolson3506 8 ай бұрын
The depreciation in the new cars in the dealerships is going to put them over the top
@injohneer
@injohneer 8 ай бұрын
Thanks, Brandon. So, when they finally want to liquidate, it's a panic and they want some money now (auction) instead of a bit more money sometime (retail). Seems legit, not a good situation for them, I guess I will be bold in asking for what I want at the price I want...
@aureasha
@aureasha 8 ай бұрын
Tied purchases are illegal and if the diller isn't willing to remove them simply file a report with the FTC and cc the local car dealership on thisl. I guarantee they will be on the phone with you the next day if they are about to be fined. Worked for me anyway.
@allenhanks7719
@allenhanks7719 8 ай бұрын
Dealers make all their dough in the service department. They will not lower prices because they are all rich from service money.
@murrelldooms7982
@murrelldooms7982 8 ай бұрын
I absolutely believe that we the consumer have a lot of power. We just don't use it. With out us they are just Parking lot. If you price the consumer out of your lot pretty soon you'll be out of business. Shuffling cars from your lot to the auction lot is a circle that's going to put you out of business. Ultimately your into the business of selling cars to the consumer. No sales no business. Oh well!
@PelicanIslandLabs
@PelicanIslandLabs 8 ай бұрын
My local small GM dealer has discounts listed on the stickers of their trucks.
@P1RBaller34
@P1RBaller34 8 ай бұрын
Idk about you guys but you wanna stay the hell away from those Outlooks, traverse, equinox, and Arcadia. They are money pits especially the ones with the 3.6 plz I beg you as a tow truck driver and someone that sees these endlessly in shops stay far away from them
@P1RBaller34
@P1RBaller34 8 ай бұрын
There’s a reason why they are one of the only decent sized SUVs you can get for basically dirt cheap when they were 40k plus brand new
@franzputsch254
@franzputsch254 8 ай бұрын
I went car shopping with my Dad and the dealer low-balled his trade in. I got up to walk out and ended up getting 2500 dollars off. We bought the truck.
@stewartcleesen8293
@stewartcleesen8293 8 ай бұрын
Peltier Ford has 10k off window stickers on over 30 trucks right now, for anyone that is interested. I'm in texas but thats all I'm giving info wise.
@danielvarela1312
@danielvarela1312 8 ай бұрын
TrueCar price : 24k, “real” price: 29k. Walked away and put them in no answer list. We can talk when they are in trouble.
@msgmak1379
@msgmak1379 8 ай бұрын
Hard to say these days with so many people ignorant to the fact they are being screwed....I won't even bother going to a dealer until they reduce prices by at least 25%. I normally trade in every 5 or 6 years. I'm driving my 10 year old RAM that would cost me $65,000 to replace....No way I'm paying even close to that. Absurd.
@Driver_1227
@Driver_1227 8 ай бұрын
I'm in the same boat. 09 f150 here that would cost me 50k+ to replace today
@jamesmccall9763
@jamesmccall9763 8 ай бұрын
We just bought a vehicle and the dealership we approached first wouldn't work with us we spoke with our feet. Even when I showed the sales person a car across town for thousands less (same model, but a few thousand more miles though still less than 50K miles) they wouldn't budge. They ended up selling it to another sucker. We were buying used and they only had two cars we were interested in, so we took our business elsewhere.
@dhtango
@dhtango 8 ай бұрын
Doesn't matter. Someone else will always come along and buy it.
@jamesmccall9763
@jamesmccall9763 8 ай бұрын
@dhtango Frequently it's a tactic. I don't play that.
@michaelb.8953
@michaelb.8953 8 ай бұрын
@@dhtango I have a local used car dealer that is asking $26,200 for a used 2020 Toyota Corolla LE (lowest trim level) that has been sitting on their lot for 2 years. Sent them an email wishing them luck on that sale and they still haven't budged on lowering that price as of today. They're going to have to drop that price 50% or more if they want to move it.
@markdittbenner9949
@markdittbenner9949 8 ай бұрын
Brandon Brandon Brandon...thats part of the problem nobody wants to go to a new car dealership and talk to a salesman New car salesman are in the same category as pedophiles it gives everyone the creeps to go near those places...
@drnope316
@drnope316 8 ай бұрын
They’re holding out for another bailout.
@bigmike1552
@bigmike1552 8 ай бұрын
I went to a Toyota dealer in Charlotte and they took $5000 off the sticker of my new Toyota Corolla so some are lowering prices
@jerryt87
@jerryt87 8 ай бұрын
They won't lower the prices until the doors are ready to close, and maybe not then. They're going to have to drop 20 to 25k before they can move these overpriced land yachts.
@kennyjacobs867
@kennyjacobs867 8 ай бұрын
They think they can out wait us, the don't realize we cannot afford them as a whole, so there going to be waiting a long time
@craigpierce7996
@craigpierce7996 8 ай бұрын
Time is on our side, not theirs... Even if they find some dumping spot for the cars, they are still in deep crap with the 2025's and soon to be 2026 models. They must feel like they're drinking from a fire hose! I'm not sure there are enough stupid, richy-riches to get them through at their ridiculous price points.
@dandunn5760
@dandunn5760 8 ай бұрын
Thanks for sharing bro!
@Ttow49
@Ttow49 8 ай бұрын
I will never never never ever pay a dealer mark up a crazy high dealer fee or any other additional charges
@fero-458
@fero-458 8 ай бұрын
Skip the dealerships for used cars. Check every place you can think of to find a private sale. Let all your friends, neighbors, co-workers, everyone you can think of that you are seriously in the market for a used car. Get pre-approval from a credit union for a loan if you need to so that funds are available if you hear about a deal. After looking for a car for several months, we blew off the dealerships and got an excellent deal through a private seller because we had put the word out to everyone. A relative's neighbor had a sister who decided to move without any baggage, so to speak. So we came in and offered to take it off her hands - quickly. Low miles, perfect Carfax, thumbs up by mechanic, etc. and we took ownership last weekend. Easiest process I've ever been through and I'd recommend private sale to anyone.
@jamesmcdonald6047
@jamesmcdonald6047 8 ай бұрын
Sounds like the Perfect Storm to me 😂😂😂 When I see empty lots and lights out, I will know we are doing something right 🫳🏻🎤
@r.a.monigold9789
@r.a.monigold9789 8 ай бұрын
Imagine being at the Drive Thru window at your favorite Burger Barn. Place your order for a Meal Deal and substitute the onion rings for fries. You're asked to pull into the parking lot and wait for the manager to tell you the new price of the meal. You spend a half hour waiting and haggling over the new total. Burger Barn wouldnt be able to sell food - PERIOD. But at every New Car Dealership, we put up with this "dance of the dollars" charade. WHY ? Don't give me a long answer, because the bottom line is GREED.
@ordinaryhuman5645
@ordinaryhuman5645 8 ай бұрын
Nope, it's government corruption. Only government intervention can keep such horrible businesses afloat.
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