EVERYONE IS OUT OF MONEY And The Car Market Is SCREAMING IT!

[@carlfromtheoc1788]

Not everyone is out of money. Some of us are cheap S.O.B.s who will keep maintaining and driving our beaters for another 100,000 or 200,000 miles.

[@alanvnv1968]

I'M with you, we are smart not cheap.

[@JJV7243]

And doing so somehow makes you have money? hmm... I just can't figure out why?

[@MM-wu2we]

The high prices of many cars keep me from wanting to replace my old car. Dealers need to take a big share of the blame. Imagine charging prices over the msrp because they are popular...

[@markh.7650]

I still drive a '94 Honda Civic DX I have owned since 2004. I've had to put a decent amount of money into it over the years, junkyard motor, 2 alternators, CV joints etc, but it's still way cheaper than buying even a newer used car with it's own problems. It's garaged, so zero rust and I hardly drive it (

[@ezpe3865]

You need real assets

[@maindimon]

Can you imagine owning a 2007 CRV with 300K miles and still making payments on it !!??

[@jthartman9639]

If you’re making payments you don’t “own” anything.

[@jamesgreen5924]

Nope 😅

[@josiemojica3674]

Here to say same!

[@thespacecowboy420]

@@jthartman9639 when buying isn't owning, taking isn't theft

[@patton3338]

​@@jthartman9639 Yeah, you do, you own a portion of a value of the vehicle. Just like any asset. I get what you're saying, but having to push the 'You don own it!' trope added nothing to the conversation. What's the point?

[@moochiekk]

I give you so much respect for not posting idiotic prices like $2999.99 but easy to see $3,000, $4,000. So refreshing to see.

[@danny1103]

I wonder for those labels if 9 is more expensive than other numbers because some dealer will abuse the 9s with $9999.99 price point. But then it won't matter after tax and DMV fees, which adds about $500 - $800 extra.

[@tHebUm18]

If you've watched Brandon long enough, you know part of that is the struggles he/his team have removing the stickers. Cost more in time that it's worth.

[@XInfantryman]

It's a fact that using the number 9 in a price can increase sales by 24%. Also, using odd numbers can increase sales. Both these facts have been researched and tested. That's why you see the number 9 in a lot in retail stores.

[@Ka_Gg]

Sad truth is the sellers put the 999s on a car because buyers are stupid. They will see a car listed at 2999 and when talking about the price they will not say they spent three grand. Growing up as a kid I'd see this with smaller things. An item would be $5.89 after everything and claim they spent $5. Far fewer people would say they spent $6 or just under $6

[@spunkush]

​​@@Ka_Ggit's so damn prevalent. It's easier to tell people that the car you bought at $6995 was a "$6k car"

[@tom4342]

And yet they won't budge on the prices

[@lot2196]

They don't need to. A buyer will come along. If they give one person a deal, everyone will want one. They will die on this hill if they have to.

[@terrystroble8657]

@@JohnWalsh2019 They could slash 50% and they still wouldn't be worth the price. But yeah, people will think they are getting a deal.

[@JustDItY]

They'll just wait for the government bailouts.

[@christianarrington6492]

​@JohnWalsh2019 new vehicles aren't suitable for the homeless to take a shit in without breaking down or requiring unnecessary dealer service when any man worth his salt can easily do all required maintenance, but they won't even give you fluid access to the transmission.

[@JohnWalsh2019]

@@christianarrington6492 I agree new cars aren't worth a darn. I stick with Honda and Toyota but even those brands have fallen in quality.

[@G0NZ-b9y]

I went through a divorce after a toxic relationship. She kept everything, including my car, so I bought an old 1999 Honda CR-V for $2,000 and restored it myself, buying parts on eBay, Walmart, and Amazon. The parts cost roughly $500, and I replaced belts, engine mounts, headlights, O2 sensor, alternator, light bulbs, sockets, pins, lids, and changed the oil and fluids. The car runs smoothly now, with no noises or leaks, and I’m not a mechanic, but KZbin and AI helped me diagnose and fix things on a budget. I passed the inspection and got back on the road. I’ll hold off until prices go down-no rush.

[@3liteCasual]

I mean, it kinda sounds like you might be an amateur mechanic now lol. Good job doing the work and living within your means.

[@tt-designs124]

Spot on man. I went through a divorce four years ago after an 18 year marriage. Life sure does get really better on the other side. Enjoy your new freedom from the toxic mess!

[@Dnserror88]

Great job, that's how it's done

[@Lazlazor]

imagine getting your 2007 honda repo'd with 300k miles on it🤣😂🤣😂

[@FreakyLynx]

Two dollars, final offer.

[@Lazlazor]

😂​@@FreakyLynx

[@jon-ie4li]

How did they ever get a loan on it , the interest rate must have been massive. 90% of loans are being repaid with out any problems, what's the issue?

[@jkpanda7]

probably still owed $27k on it 😂😂😂

[@JJV7243]

Is it worth $100?

[@josephszot5545]

Not buying cars now it's called, COMMON SENSE!!

[@thedonzo506]

unless u work with your car (doordash, uber) then a good RELIABLE car id say is worth the expense

[@The_Real_Indiana_Joe]

I drove the same truck for 22 YEARS!!! And it didn't look any where near as bad as some of the cars. WTH do people do to tear up a car so bad???

[@edwinrodeo]

No respect .. no pride, no cares ….I could go on but you know what I mean

[@DanGilliland-pi4vh]

Of course they done care , loans were so easy come 0 down ,they have nothing invested. they will care real when they figure out that credit is almost totally being shut off . Minimum will be a very stable job, car payments can't be no more than 10-15% of take home pay, 720 or more credit score and 20-25% down..many will not qualify, the ones that got repossessed, there credit will be ruined and will take at least 7 years to recover.

[@marktevault57]

Overall trucks are better made

[@rbfarrell1]

Yup, their homes probably look much the same inside.

[@sneakerfreak2002]

Meth

[@laqutis]

I remember the 70's and early 80's when most if not all auto loans were 48 months. I thought that was crazy.

[@johnmadow5331]

I paid 18% on my auto loans in 1981. The principal was 10K and 48 months terms with $329.00 per month for interests alone $5k!

[@Hankjones1]

Actually 80% of them were 36 months

[@edriley1516]

I remember when I would have to save up for 10 years to buy a new car so I just financed it.

[@gemdiver]

AND you still had enough for that sweet sweet 3/2 home!

[@CharlesCurran-m9p]

In the 60s my father only had 2 year loans.

[@TheElitegamer23]

This guy has been making these "Car market is OVER / DEAD" videos for 2+ years yet nothing has actually happened. What I want to know is does he actually believe anything is going to happen or is he just baiting views to make KZbin money?

[@Oldschoolrules123]

Did you vote for biden who has been in politics for 50 years but now he will save America? 😂

[@ddoublesin]

If you're a subscriber and watch his videos regularly, they are all rinse and repeat. Same with those car edge guys. Still waiting for prices to come down to reality.

[@tradermunky1998]

What dataset are you judging that nothing has happened? Used car prices have collapsed, down 20% from the peak.

[@maxpaul11]

This guy is so full of shit brother.

[@Papolucho702]

Oh things are happening Just not at the rate you’re expecting. Only the well off are thriving and a few frugal folks who keep expenses low. Everyone else, including me is pretty screwed. lol

[@nDndAd]

So glad I paid off and actually own my car.

[@PeakUnlimited]

Always wanting the newest and latest tech is a curse for America. Pay off your car and drive with no payment. Its a depreciating liability. Duh

[@Ronick-Q-46]

Paid off my car 12 years ago and I'm keeping it as long as possible,

[@DanGilliland-pi4vh]

I am glad mine is paid for also.its much cheaper to maintain what you have.

[@PatrickAllen-yi9us]

​@@PeakUnlimitedPeople seem to forget that a vehicle is just a tool for transportation.

[@Jay-jayy-n9u]

My car was paid off the second I bought it 🤪 it’s at 200 k miles now and bought it at 86 for 5700

[@Jesse-x8u]

All my bills are paid up a month just in case. I'm working more overtime. I feel for the ones that are hurting because it's only going to get worse. BUCKLE UP.

[@midwestmg]

Pretty wild to see these old worn out cars worth maybe $2-3k getting repod. Can only imagine how much negative equity they rolled into their notes.

[@MiteshDamania]

It costs that much to process them!!

[@marvFX01]

thats actually the game. dealer requires $995 down payment. he knows he will repo the car within 6 months (people who dont pay their bills are like clockwork). he keeps the $995. plus all the payments. plus he has the car back on his lot again for sale. it's highly lucrative. (btw, neg eq on a trade in = no deal)

[@SHOE53]

80K for a truck is insane and auto companies are going to go out of business at this rate or be a shell of what they use to be.

[@FreakyLynx]

Greed is a hell of an addiction.

[@zythr9999]

lol there are still many willing to pay so they can "show off" to others. Automakers market this idea in a subliminal way in their advertising.

[@edg8535]

I have wanted to replace our older car for four years. I could afford what they want for a vehicle, but I will not pay these inflated prices. I will pay a mechanic on what I cannot do, but not the dealers service shop, an independent.

[@TrevorOuellette]

Yup, 2020 was a great time to buy. 👍

[@lrevz9672]

I agree 100 percent.. my car is a 2011 and my wife's care an 09. I Do all of our minor maintenance . And I can afford 2 get one of these high priced cars but 700 month on a Honda accord is ridiculous an that's used an out of warranty. What are people thinking

[@PatrickAllen-yi9us]

​@@TrevorOuelletteI got $10,000 off sticker for a 2020 Acura MDX in December 2020.

[@TrevorOuellette]

@@PatrickAllen-yi9us I snagged an “unloved” Army Green 2020 4Runner TRD Pro. Should have grabbed the matching Tacoma in AG at the time. Easiest car deal I ever did… 👍

[@Oldschoolrules123]

I have a 2012 Ram with only 85 thousand miles on it. I'm retired and only drive about 1 thousand miles a year or less. I'll never buy another vehicle unless I get in a wreck. Most people have to work just to pay for a vehicle to get to work. Glad that I'm older because things aren't going to get better. People have been living beyond their means for years. I bet that they wouldn't give up their cellphones in order to be able to eat and expect someone else to feed them.

[@Mrbfgray]

It's on those who live hand to mouth and make consistently bad financial choices. "If you can't pay for it twice in cash, U can't afford it." The rule to live by for ALL discretionary purchases, a new car is always discretionary, buy a cheap used that U can afford, making payments is usually a bad idea.

[@jonathonhancock575]

They're coming after you next Boomer.

[@Oldschoolrules123]

@@jonathonhancock575 🤣🤣🤣🤣🤣 Really 😂😂😂😂😂😂

[@Mrbfgray]

@@jonathonhancock575 For what?

[@jonathonhancock575]

@Oldschoolrules123 You're on KZbin all day because you got no friends, 'cause they killed them all with the shot. 8% of your retirement is funded, Super Glad You think you're safe?

[@tombob671]

I remember back in the 1959 recession my pop told this 12 year old " Son you cannot do business with hroke people". Still makes sense today

[@frankroper3274]

The problem is people buying cadillacs that ought to be driving a Honda Fit!

[@whodat90]

The problem is Honda Fits costing what a Cadillac should cost.

[@NorthernContrarian]

And a Honda will be way better quality than the Cadillac.

[@dwightherrington7793]

Dont u really mean a soap bix car or truck

[@dwightherrington7793]

Dont u really mean a soap bix car or truck

[@dwightherrington7793]

Dont u really mean a soap bix car or truck

[@maddstaxx]

record consumer debt and delinquency. record low consumer savings. record high prices. employment decreasing fast. we definitely cant be balls deep in a recession.

[@diegoharo7943]

Debt has and will always go up because that’s how your credit score goes up. And unemployment actually improved

[@maddstaxx]

@@diegoharo7943 😂😂😂

[@diegoharo7943]

@@maddstaxx I’m guessing you are new to politics and economics….about 9 years (2015)?

[@diegoharo7943]

@@maddstaxx I’m guessing you think it was spectacular under 45? even though most Americans were living paycheck to paycheck, most Americans couldn’t even afford a simple $1000 emergency

[@diegoharo7943]

@@maddstaxx in fact repos were higher in 2017, 2018, and 2019 than any year under 46….except this year in theory should be higher…..as should have 2023 but it wasnt

[@terrydebord7878]

I haven’t changed oil in my car in two years, never washed it, back seat full of beer cans and fast food trash, and I owe 60k, the financial company is chasing me , parking at different places at night.

[@larrynorsworthy8582]

😂😂😂

[@JCPURCBKOGE]

That’s funny car dealership prices are still high.

[@HiPlains1]

They will never lower prices. What we are seeing now are some are going out of business. That is, they rather close then lower prices. Manufacturing is a big part of the problem when the dealer invoice is still higher then what people will pay. I've seen Jeeps with 20k off and still rotting.

[@Ben-jq5oo]

@@HiPlains1 What happens to the stock when a dealership closes?

[@ramfan5149]

@@Ben-jq5oo I think the manufacturer may try to redistribute the vehicles to other dealerships.

[@TheGlobalTravelr]

84 month financing……I’m stunned. My truck is approaching 20 yrs and she looks great! Thanks for reporting the facts.

[@canny8228]

It's so nice to not have a car payment. Buy your cars with cash. Give ally financial the bird.

[@Ben-jq5oo]

I agree but how does a person on a low wage ever save? For anything let alone a used car?

[@YouSoundButtHurt]

@@Ben-jq5oo They can't. They ride a bike.

[@canny8228]

@@Ben-jq5oo I would say either upgrade your skills to get a better paying job, or work a side-hustle. However, I'm not a financial guru or anything. I'm just a random guy in the comment section. There are plenty of good videos on YT you can watch about this subject.

[@sneakerfreak2002]

Ok boomer 🙄

[@canny8228]

@@sneakerfreak2002 That's hilarious! Try again 🤣

[@adamsmith5175]

It's simple don't buy the over priced trucks an cars

[@peternguyen1911]

But Americans deserve luxury trucks!

[@HomesteadEngineering]

I have never had a car payment. In 1993 I had over $100k in the bank and was driving a car whose value was equal to how much gas was in it.

[@Deltron6060]

I call bullshit, you didn't drive a $20 car and $20 would fill up nearly any vehicle in '93.

[@j887276]

We only buy well maintained used cars from 1st or 2nd owners, 2-4k cash. Key to good deals is buying when you DON'T "need" a car. Wait until your car blows up and you need one fast, that's why you panic buy a junker 100% poor planning & bad financial decision. Same with waiting for tax refund to get something. NEVER buy from a buy-here pay-here spot or someone on marketplace/Craigslist with many cars listed for sale, they are flippers who buy auction turds & polish the turd before selling. I feel like all this is something i could make a video about.

[@DanGilliland-pi4vh]

That is absolutely the same thing I do .we have a couple of extra paid for cars ,so you can wait as long as you need to til you can really cherry pick a well maintained older one that is way cheaper to maintain and insure. And best of all no car payments!!

[@Bow2theBeast]

Prices must come down. Your average consumer cannot afford these prices. Even though the fed has cut rates, I don't think its going to make difference when there's manufacturers already offering 0% on some makes and models.

[@cyclopsvision6370]

Nope, the auto manufacturers are slashing production, and focusing on net margins, aka, profit per vehicle

[@lizacopeland2388]

I have 74,000 miles on my 2012 Jeep Wrangler unlimited Sahara. I take care of my Jeep. Still looks new.

[@seanmartin2382]

We are not all broke, we just refuse to pay the prices they want for garbage vehicles that won't last 100k miles. The automakers did this to themselves, and allowed the dealer networks to take advantage of a horrible situation. (40k markups and more) $100k for a 1/2 ton truck...dont make me laugh

[@CHIEF_420]

☝️

[@micro1603]

Are own government caused this with PPP,unemployment checks and stimulus checks mfers paying for overpriced items caused inflation!

[@theslag1978]

Not only are people not making car payments, but their not paying their monthly or yearly insurance premiums. So then they driving around with no protection (liability insurance) and cause an accident. This creates a huge issue for those who have insurance but can’t recoup from the at fault person. Who then gets penalized? We do - this causes our insurance rates are go up because someone else doesn’t have insurance and cost of repairs are going up.

[@HiPlains1]

That's another reason why I don't want to buy anything new. Insurance is too high. Got a X3 and Frontier from 2019. They both got around 23K miles. I'm driving them another 10 years. Crazy enough the insurance is going up on those two cars. Use do be insurance would go down when they got older. Not anymore.

[@sterlingmoore4798]

Buy uninsured motorist protection. It's not an if anymore- it's a when...

[@HiPlains1]

@@sterlingmoore4798 i have it.. but its expensive. People get caught without should have license suspended for a year. If caught driving again Jail time.

[@jeffnoob8448]

How about those 2025 msrp's that have come out. Prices aren't going down at all

[@jorgealvarado7946]

I found a 2012 Honda Odyssey with 121k miles in it on Offer Up for 6.5k. With a baby on the way, I decided to get a small personal loan of 6.5k instead of clearing my savings and my payment is $200 for 36 months. Best thing is that I don’t have to have full coverage since it’s not an auto loan. I’ll end up paying a little over 7k for a car that could have been a trade in and sold for 8k+ before tax and title. Just wanted to share in case someone is trying to figure out other options.

[@dave3657]

Sounds like you did good. Pay a little extra on the loan when you can to pay it off early.

[@daviddubeck2436]

Did the same years ago, with the birth of my first. The next year with our tax return, we paid the car off and lasted for the next 7 years. You did well buying a Honda.

[@jorgealvarado7946]

@@dave3657100% Trying to clear it as quickly as possible.

[@jorgealvarado7946]

@@daviddubeck2436Didn’t consider my tax return, that’s a good point

[@stevenbrooks1243]

That was a good idea

[@chur2011]

This is scary!!! I want a newer car, but I’m still driving my 2015 Toyota Corolla with almost 230,000 miles. All I’ve done was basic maintenance and replaced my suspension and I’m holding off on a newer or new car bc I cannot afford 700+ a month car payment when Im busy paying for my home.

[@bobb9278]

Pay off your home first before buying another car. You don’t need another car if you take good care of that Toyota. That Toyota might make it to 300,000 miles before you get any major problems or 400,000 miles

[@jayfinn6698]

Instead of grease is the word it's greed is the word.

[@randalluthe4792]

How many people lived beyond their means for years before all of this as well? I have put TONS of blame on both the dealers and manufacturers, but people are also responsible

[@LockedUpLarry]

People are not out of money…. but irresponsible buyers ARE out of credit.

[@IntoTheDeep-i6c]

exactly people want what they paid for and its not going to happen.

[@Jay-jayy-n9u]

And money left before credit

[@RealSkoolmaster]

Bullshit, pure and simple. Anyone working prior to 2020 could EASILY be in a boat where their bills were easily affordable and still have money left over only to now not be able to afford to survive. Thats a Fact of our economy right now and insulting people working two jobs to try to make ends meet when they are making more money than prior to taking the loans is simply an asinine and ignorant way of looking at it.

[@LockedUpLarry]

@@RealSkoolmaster say what you want to say! Be clear. Breathe.

[@drew388]

then they are out of money. you should think about what your saying 😂😂

[@flyingspirit3549]

As always, Brandon, thanks for a look "behind the curtain" into a world most of us will never see.

[@jamesdallas1493]

Bring back the Toyota Yaris, Honda Fit and the Chev Spark.

[@plica06]

Brandon your channel and content is really awesome. You're a straight shooter. Your used car business offers people a chance to stay away from expensive monthly car payments but still have a vehicle to get from A to B.

[@alfoerster3593]

Thanks for the Great content. It's bewildering that the big 3 don't want to produce an affordable car stripped of Technology, Basic transportation. I think they would make a killing!

[@Ben-jq5oo]

European manufacturers do it.

[@zipit1984]

When they shut down the Chevy Cruze plant a few years back I knew it wouldn't end well for them.

[@regkarn1]

I appreciate the videos. They keep me up to date and informed.

[@kortyEdna825]

Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich

[@KaurKhangura]

Choose quality stocks and follow them up. If you're not one for such complexities, work with an Advisor to grow your portfolio. You can't go wrong with a sound CFA.

[@foden700]

You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we Dollar cost averaging across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.

[@Justinmeyer1000]

I'm intrigued by this. I've searched for portfolio managers online but it's kind of hard to get in touch with one. Okay if I ask you for a suggestion?

[@foden700]

I've stuck with ‘’Aileen Gertrude Tippy’’ for about 9 months now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Justinmeyer1000]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@ronaldmurberg7639]

I LIKE THAT YOU ACTUALLY CHECK THIS CAR LIKE YOU DO, SO FEW CAR SELLERS AROUND WHERE I LIVE DO THAT, THEY JUST WHAT THE MONEY

[@volkergerdes2861]

Brandon, ich bin begeistert von den gut gemachten Content!!! Weiter so! Grüße aus Deutschland!

[@europeanpatriot21]

Bei uns in Deutschland ist der Automarkt auch am Ende. Ich kenne keinen in meinem Freundeskreis der einen Neuwagen kauft, Ausnahme so ein Rumänischer Auto-Hersteller mit Französischer Technik 😀

[@Subeebles]

Auction day! Yes!! Seriously, Brandon, these auction videos are an invaluable education for my new career. I'll always encourage auction days!

[@cobrajitsudojo]

"Endless cycles of wealth destruction" The Empire of greed.

[@stevenhatchel4042]

My worry is that the new cars of today are going to become the nightmare used cars of tomorrow. The infotainment system on my daughter's Mazda3 failed just outside the warranty period and was over $2000 to replace. What happens when all these screens, systems, and electronics are 8-10 years old?

[@solvend]

This is when I start shopping for my new commuter vehicle. Think market exactly where I want it for buying new

[@robertwalker5521]

You will over pay because you are looking for a specific car YOU want...instead of determining how much cash you have to purchase a vehicle, in full ...and then just go look at THOSE vehicles

[@joels1234]

I enjoy watching these videos ... you always have a lot of really good information about the current economy and the car markets..

[@Kathy-e1w]

A car with auto trans. , A/C , power windows / locks , and a price tag out the door for $ 17,000. Would sell like Crazy , just need to get from point A > B and is reliable for at least 9yrs. or 170,000 miles and looks good . Its that simple , make 30 million of them.

[@robertcostello7399]

I wonder if they did oil changes on these repo cars?

[@orbitalair2103]

You just violated 3 dozen government regulations. the new ones for 2025 cars are 'automatic shutoff'(breathalyzer) which is also a remote shutoff, and data recording uplinks to tattle on you to the gov. And I forget, is the new speed limiter for 2025 or 2026? The Chinese are building cheap $20,000 cars in mexico. IF the us gov lets them into the country it would collapse the Big 3, as in bankrupt them all, throw hundreds of thousands of people out of work, and crash the financials. Deflationary pressure is real, and something will trigger it, and then its a race to the bottom as people bail out, and companies become awash in losses. the us gov will BAN these cars from entry.

[@glitchygrub]

I noticed this beginning a few months ago when I started spotting more people driving around in damaged vehicles. People are pushing their vehicles harder and harder in order to avoid needing to purchase a new one.

[@rmb1]

“Its done”, “its over”, “the world of cars is ending”🙄🙄🙄

[@gregoryteeple9306]

I talked to a boat dealership. They have sold record numbers this year. I dont know where the money comes from but its still out there. Nothing is going to change.

[@tradermunky1998]

I wouldn't fix that cosmetic stuff either with 300k miles. Even if I owned the car outright and had plenty of money. I wouldn't fix it at 150k 😂

[@flycatchful]

I own a 2002 Mercedes SLK 320 with 142K on the odometer. Presently it is suffering with "clear coat failure". The local body shops are quoting me between 3-5 thousand for a repaint. The resale value is about 1K and not worth the repaint.

[@tradermunky1998]

@@flycatchful Exactly. Cars kind of reach a throw away point. It becomes a game of how many more miles can I get before that final break down.

[@isaacchavez1425]

It just depends on what your preference is. I'm dropping me a nice little maaco job on my 92 s10 to fix some rust/refurbish paint. 699$ special. I don't value my 4 vehicles based on value. It's about the reliability & if you really enjoy the vehicle. I love my 1980 sierra grande with a 305ci, 92 tercel, '10 IS F (😊) & '20 mirage. All paid off. I'm 33. And all 4 of my vehicles have legendary durability. Proven to go 300k guaranteed.

[@Ben-jq5oo]

All these repos are ready for the skip. It seems like a loss of dignity to me and makes me think each keeper was feeling hopeless, as if they aren’t in control of their lives.

[@jerrystephen0092]

My car is 13 years old, and my truck is 21 years old. They both run great and look good, plus they are paid for.

[@woodie70hudson87]

If these manufacturers want to sell cars, they're going to have except "reality pricing" and not just "profit no matter what" prices. You can't sell what people can't afford!!!😕😕😕

[@orbitalair2103]

Somebody, some gov agency is floating all these dealers. There is no way a dealer is having poor sales for 3 years, and have 3 years of models on the lots (22,23,24,25). Ford borrowed $9.5 BILLION.

[@Ben-jq5oo]

@@woodie70hudson87 If the banks really are reigning in and not allowing applicants to roll in negative equity (taking the loan to value ratio (LTV) on the new car to over 100%) then the dealer prices must surely come down soon?

[@corvettemode1556]

Another great video bro. I always enjoy watching.

[@dave3657]

People need to get auto loans outside the dealer, and before they buy the vehicle. At least my experience has been that a bank or credit union would rather you pay them back, than sell you a car for a commission.

[@martafuentes4453]

My husband just bought a 2000 Chevy Tracker w/86k miles automatic through a used car dealership and it run great. Who ever had it before took care of it.

[@JohnnyLightningV10]

It's Done It's Over will be next title tomorrow 😂😂😂

[@Scrimjer]

Always, I feel like he's going to run out of titles

[@burningfarts]

It's finally completely over done toast :thumbnail of burnt toast with his head leaning against his hand:

[@Laney_75]

It's not just insane overinflated prices for new cars, it's the lack of quality too. So many known problems & recalls.

[@jwetzel3141]

Is there any correlation between people who don’t take care of anything and people who are terrible with money? Hmmm

[@Saki630]

watch a video from 9 months ago and its the same. Dealer here selling a 70k mile 2013 Corolla for $14.5k the same i paid in 2015 for one with 55k miles. NO ONE IS BUYING, except the rich that are buying the 70-90k cars.

[@kentancock6587]

I went to a Chevy dealership and even for a 2025 Trax they wanted me to take a 84-month loan on a vehicle that started at 20400 but after taxes and all other things, the end out-the-door cost with my negative equity from my 2021 Kia Forte was 29875. No thanks I'll keep the Forte and my payments of $357/month payments

[@roadkillgravy5168]

For the next 4 years?

[@Dfgbuiiyyyybb]

Why are you replacing a 2021?

[@sneakerfreak2002]

From the fire to the frying pan Jfc just pay off your car. Are you a masochist? Why would you want a TRAX

[@marcusdunton1692]

@@sneakerfreak2002 😂😂😂 "are you a masochist? Why would you want a TRAX?"

[@bigjohnson7415]

​@@DfgbuiiyyyybbYeah! I'm still daily driving my 2012 Ford Focus with 170k miles on it. Runs like a top, but I'm a mechanic so I can keep it that way.

[@davidshettlesworth1442]

Thanks for another very informative video. "Reality and Karma are coming back to bite the Banks". Makes me appreciate my paid off vehicles. Carry On Sir!

[@martingriggs6362]

Most car reviewers say the Mitsubishi Mirage is so bad that people should buy a good used car instead. What about the Nissan Versa? Isn't the base model under $20,000.

[@kclefthanded427]

With the base 5-speed manual model. Get one while you still can

[@ih7america]

Yep! The time is coming!!! People don't have where can get credit. I live in Brazil and people behave is the same way.

[@ruthlessreid9172]

Never bug repos. They have never had an oil change.

[@bignspicy984]

The debt based economy is the main reason for inflation. The artificial demand that is created by credit cards, car loans and giant morgages drive prices sky high because people and landlords/businesses can use money they DONT EVEN HAVE. This makes it infinity harder for people that want to do it the right way and work for their money to buy things.

[@azbob1951]

. . . so, Brandon, Let's Go! You're telling me these people with $3,000 in tattoos and charging $200 a week in fast food can't make their car payment? Go figure.

[@bloodyirishman9155]

$3k in tattoos is nothing if you're into tattoos, lol.

[@alanvnv1968]

And don't forget the 1,000 I phone!

[@patg3424]

I bought my truck 22 years ago and still remember the sleepless nights due to having to pay 660 a month. I then took a second job to make it through the month.

[@karkacesub]

It’s crazy how entertaining you can be while staying true to yourself.

[@SilverSmurfer-fn5pr]

Sounds like a bot.

[@telescope3]

Bought my last two cars from honest ppl I personally knew (a relative and a neighbor). A Toyota Camry and a Subaru Impreza that I bought with cash. I spent less than 7K on both cars put together. Zero hassles. Only routine maintenance required. ZERO car payments for the last 10 years, allowing me to put money in my retirement / rainy day funds. I'd never make loan payments on the bloated, greed-flated, over-complicated, gas-guzzling, hard to fix plastic junk the manufacturers crap out these days.

[@ChadHall-g4k]

I like your videos. Keep doing what your doing. I love that your working with the car edge guys too.

[@DannieJensen]

That honesty at the end kinda makes me want to buy a car from you.

[@RealSkoolmaster]

most of those accounts you are talking about are people exactly like I am: Bought the car prior to 2020, economy crashes, and even though I am making more money now than ever before I cannot afford the payment And keep my family fed. So something has to slide. While I let myself go a day or three between meals trying to save some money, im not letting my 4yr old do that. So... car payment gets delayed until I can pick up enough second job shifts to make up the shortfall. Dont act like most of those loans arent getting paid because people have just decided they dont want to make the payment anymore. Most of them Cant make the payment on time anymore.

[@guidman68]

Corporate greed has done wonders. Good job.

[@sbkpilot1]

the used car market is absolutely nuts, a lot of inventory is junk with absurd prices - $15k for a high mileage econobox with prior accidents

[@_DB.COOPER]

ANOTHER it’s Over video. PRICELESS!

[@luisromanlegionaire]

What you said at the end made me subscribe you are the real deal.

[@jorgemoro5476]

I just saw a news flash warning about Hurricane Helene that’s about to hit Florida: It literally read: MAKE SURE TO MOVE YOUR ELECTRIC VEHICLE TO HIGH GROUND. Hahahahahaha. In Florida. I almost spit out my breakfast.

[@benhuston310]

You want to go somewhere where you make the most money? Make affordable products. That's how.

[@rotart12arx3]

There are plenty of Ford Escapes on dealer lots starting in the low 30s, there are Mavericks selling for under 30K. You can find Ford Edges with rebates in the mid 30s.

[@mikesrandomvideos]

but the payment along with your property tax increase and your homeowners insurance increase......Interest rate....Not happening

[@insanemadmanroom2299]

Nobody wants a car loan for 84m hell no

[@Hankjones1]

Is that really 7 years😂😂

[@TheGoodOlBoyzChannel]

I’ll do it if it gets me a better deal………….then turn around and pay it all off a couple weeks later!!!

[@insanemadmanroom2299]

@@TheGoodOlBoyzChannel 😆 🤣 if you got that type of cash flow why not

[@TheGoodOlBoyzChannel]

@@insanemadmanroom2299 lol got about 30k saved up for one

[@sprinkle61]

No one is going to repair the internal seats and doors, unless they are using a car for business clients. This is just part of using up a car, and the only other option is that they were really careful and didn't let anything get damaged.

[@Greg_Chase]

As a society, we need to stop victimizing people on the bottom of the ladder. 25% to 30% interest, on a used car, this is not taking care of our fellow man. If you're a fan of humanity and perhaps a churchgoer, hearing 25% to 30% interest for a very used (up) car is painful. It's shocking. Shame on anyone charging that much interest. It practically guarantees those folks won't be able to sustain the payments. .

[@coryboedeker6300]

It's that high BECAUSE those borrowers can't be relied upon to make their payments. The lender is taking a huge risk to lend to them.

[@vampirejesus8170]

If you are not going to give them your money, then don't comment on it. There is a reason some people have crap credit ratings.

[@NomenClature-o8s]

Greg, what’s your plan to fix this ?

[@Greg_Chase]

@@NomenClature-o8s I'm in business too. I get that owners want to protect themselves. 25%, 30% interest rates could be eliminated, and the risk of loss to a dealer could be eliminated, by charging half or less. 25%, 30% the dealer almost guarantees many (most?) of those high-payment cars are going to be repo'd (and in what condition, as Brandon has pointed out, with repos). As a businessperson, I can think of several ways to mitigate the risk of a 'comeback car'. AND TAKE THE MARKET at the same time. All the buyers who might subject themselves to being fleeced by 25% to 30% rates would stop buying at those places. *_EXAMPLE_* 1) "75% down, 10% interest rate" 2) "50% down, 12.5% interest" 3) "30% down, 15% interest" Brandon is a successful dealer. HE REQUIRES CASH PAYMENT. He's a great example of risk mitigation with this type of buyer. Give these 'challenged' buyers some options. it reminds of payday lenders. What Brandon does is: 1) sells to the lower-tier buyer 2) requires cash That 100% protects the dealer. And it also proves this type of buyer is able to raise at least SOME cash. So the three options above (the example) - maybe it's reasonable. .

[@CHunt-cz1ek]

Usury.

[@masterjackson2]

I stopped doing auto loan last year because it was putting me in the poor house. I purchased a 2010 Nissan Altima from the auction for $2400 and I’m still driving it. Also, I just purchased my second car from the auction. A 2012 Ford Taurus for $1700 with no problem. Right now I’ll focus on my finances and taking a break from the dealerships.

[@bb58425a]

Everybody is missing the forest for the trees. What has actually changed has nothing to do with cars. It's all about greed and taking the last few bucks from the vast majority who have no hopes to ever make this kind of money. The Earth cannot support over eight billion people who don't have jobs because we've automated everything and are driving AI to be sure we don't need workers at all. It's a viscous circle, no need for workers because we have robots and AI. But without gainful employment these cars just aren't affordable. Step back and look at the big picture, not just ragging on this guy who's actually got a valid observation and is trying to make a few extra bucks off his KZbin side hussle. This was mathematically predicted to happen way back in the 1990's. Go back and listen to a guy like Ray Kurzweil. He and others saw it coming. Y'all younger generations need to figure something out 'cause this ain't workin!

[@ajitbalkawade]

The AI development is what the capitalists are betting on. However, the AI development has failed to deliver the promise in key areas like self driving. In short, we are not victims, we do have more power and authority than you seem to believe.

[@iiyrscjukudsvhgitdcbh]

ok boomer

[@coldwarkid6611]

There are great new car deals and values out there. I bought a new Subaru paid in cash about two months ago and the advertised price was 10% below MSRP. There are plenty of offerings from Mazda and others in that + or - 30k range. Too many people out there think they need to flex with a giant SUV or full size pickup when something more reasonable would meet their needs. And with that also goes higher insurance premiums and higher fuel cost. Also some people never do the math on how much they're spending of things like Starbucks, eating out, Door Dash and other random things.

[@davidpollard8866]

Build back better is working great !!!! LETS GO BRANDON SUPPORTERS

[@paragonnight437]

See my problem is I cant afford to KEEP a vehicle INSURED. Its insane, the lowest I would pay liability only is 360 per MONTH. It doesn't matter if the car is free. I cant afford the gas insurance and mintenances. That's it I'm done. I'm letting the bank take my car and going back to school.

[@michaelmestas7045]

Same video, prices aren't coming down anytime soon

[@rasserfrasser]

Brandon, you've been making the statement for a while that repos are banged up because people know they're not going to have it for long...I'm starting to think they never had the money (or care) in the first place. Like, a lot of these cars have ALWAYS looked like this. That's just how the clumsy shifting slob class rolls and the market is declining, so here are these cars getting coughed up. Like is it any coincidence the interior sucks and they're dinged all to hell? It's never either or. LOL Great show, buddy!

[@patrickmichael8655]

50 grand for a truck that’s crazy

[@ImVeryBrad]

That's a cheap truck now

[@billjordan8922]

The banks are still offering 140% and some captives are offering 150% of value. If they didn't then most dealerships would be out of business already. People are still wanting a new vehicle every 3 to 4 years. I have people leave my office at $750 or higher all the time. Banks have been offering 84 months since at least 2012. Its nothing new. The cost of cars now days. Take the longest term you can.

[@matthewsmith2362]

I’m putting miles on my 07 fj cruiser I’ve had over 20 cars and the fj is one of the most workable and reliable that I’ve owned. Parts are easy and affordable enough to find. Gas mileage sucks tho

[@brianjohnson3833]

Its just going to get worse. With everything going through the roof, I dont see any silver linings here. No good outlook ahead!!

[@vk8sj]

I have a 2007 Camry Hybrid that I bought with cash. She is at 178,000 miles and love it! Runs and drive still like new! This car is going to stay with me till it wont work anymore. Now I know I might get some hate with this next one. I bought a 2019 Toyota Camry XSE with 19,000 miles on it 3 years ago, that is also paid off. As I have aged it's just to dang low for me to get in and out of it. So next week I will be going to look at a one owner, super awesome repair history 2012 Toyota Highlander Limited. The dealership said they will write a check for the difference. I know what my car is worth, and I know what the Highlander is worth. I know some might think that I am weird to do with. But to me I will have more cash in the bank. A SUV for the wintertime and cheaper car insurance! I also like how those older Toyotas ride vs the newer ones. Some of the extra will be set aside just for future car repairs.

[@SogaGoat]

Same video uploaded again I see, along with the "Its done" thumbnail.

[@crazyweirdperson]

I'm just happy I'm friends with someone at a Ford Dealer and picked up a Brand new 2023 Ford Escape ST Line Select Fully loaded for a 1.99% interest rate when they had some promo ford was doing. They sold it to me for way under asking price like 30K back in June... came with Free Oil changes and tire rotations for life with the Family VIP package only added like $12 more to the loan. Yeah I picked a 60 month loan. They wanted all the 2023's off the lot to make room for the 2024 & 2025.