GM's SHOCKING Announcement SHAKES The Car Market

[@sabastian4858]

Im in a holding pattern... forever. It makes more sense to maintain what is already paid off.

[@realbigtuna667]

Always has. Even more now.

[@AE-sy1pn]

You just figured that out?

[@maxr4448]

Yes keep your old vehicles and maintain them!

[@jos_t_band3912]

Until the government changes the taxes on the type of car you own.

[@budstep7361]

Same, I could literally drop thousands of dollars in repairs a year (not needed because I buy reliability), and still be ahead by a wide margin... See me grinning ear to ear driving a beater 😁

[@poisonblader]

A Z71 Suburban should not be a penny over $50,000. This economy has lost its damn mind.

[@scobo4743]

The dollar has lost its value because Biden/Harris printed too much monopoly money.

[@fivestarlimos]

Especially when something automatically depreciates 😂😂

[@jeffrey501green]

@@fivestarlimos yah, 25% depression....

[@hawkeyetec]

@@poisonblader we're seeing a domestic death spiral

[@JuliusIrving-c7j]

Fully loaded Tahoe was 60k in 2004

[@stuarmstrong1210]

Still...$85,000? Their all nuts

[@bpb5541]

Exactly!! no way in hell.

[@melvin5818]

most big volume dealership would give you a discount i got $9500 off my pickup from gmc no haggling.

[@PumaPete]

I feel the same way! They can let it rot! I thought about a new Colorado or canyon but they don’t even offer them with a 6 foot bed anymore! I’m not a customer. I’ll keep my 98 Silverado

[@justsayin3600]

​@PumaPete just imagine. You could completely restore your current truck. Drop a new engine in it, redo the interior, and still have money in your wallet vs buying new. Then after 5-10+ years sell it for a decent price. Today's engineering is not what it used to be. Years down the road the global market will not be anywhere close to affordable. I could buy a 2018ish Landcruiser and pimp it out. Work on it. Restore it. Then in 15-20 years it would be worth... a lot of money 💰

[@C-Culper4874]

No kidding. I will do a frame up restoration on my 94 for 15k.

[@Pete_L77]

They are bleeding us out. "You will own nothing and be happy."

[@KathyAndrew]

Dont think I will be happy.

[@kylegallant3423]

sounds like the WEF to me

[@simonsnaplick895]

..Happy you don't have a car note.

[@DaveInCanada081]

Part of the plan. People are changing their lifestyle and desires as vehicles are unaffordable. Just like homes.

[@jonathanstrange5561]

I still fully own my 99' mazda protege. can still get parts. Im happy

[@cmkeelDIM]

I cant afford ANY OF THOSE!!! That is a fucking HOUSE PAYMENT!!!!

[@cactneir]

@@cmkeelDIM and that's precisely the problem. House payment with 10-20 recalls

[@ShawwwHa]

​@cactneir and sky high repair cost.

[@PeterHernandez-lg2eh]

With depreciation

[@twongreen9968]

U can afford it last time u sold me that fire tree u pulled up in a lambo I remember

[@MindBodySoulOk]

Dude, when I was making six figures I couldn't afford a truck when they were 30k.

[@collincolston8443]

If someone offered a truck without all of the electronic mumbo jumbo and made just a reliable vehicle with a comfortable ride then they would rule the market.

[@Hey_OverHere]

In times like this…. that is exactly what Lee Iococa did for Chrysler with the K car and he saved Chrysler-Dodge.

[@zythr9999]

Automakers only catering to what many people want.

[@glenncheatham1320]

Nope. These greedy companies deserve to go out of business.

[@mdsuave13]

THEY WONT!! They are too big to fail, they will get bailed out.

[@user-ni4bc2bm7c]

@@mdsuave13the government is trillions in debt it will stop soon 😁

[@AbstractNoise]

​@@mdsuave13 nobody is too big to fail. Lehman Brothers was once considered too big to fail🤷

[@Willfully_Ignorant]

You’re right but unfortunately our government will bail them out just like they bailed out GM in 2008. The taxpayer is the only reason they are even in business and as a thanks to us they make only unaffordable vehicles that we will never have.

[@moldypotato777]

Don't worry. the government will bail them out again and again and again. But nothing for you

[@georgiapatriot4575]

$80,000 to $125,000 for a jacked up station wagon. insane.

[@zelgie3013]

Can just buy a Maserati ghibli lol

[@Enochrry6024]

😂

[@keithburch8997]

@@zelgie3013 More garbage. No thanks...

[@zythr9999]

Oh well.

[@captainholmes]

I identify as non-buynary

[@norm2264]

😅😅

[@matthill4406]

😂🎉😢😮😅😊

[@duancoviero9759]

HA!

[@jamesk370]

🤣🤣🤣🤣🤣

[@Sweetmuscatwine]

😅😅😅😅😅😅😅 genius , if I every use this I will give you credit..captain Holmes ..😅😅😅😅😅

[@crazywisdom2]

You aren't paying attention to the working " man ". We, Americans cannot afford these prices. We can't afford homes. Groceries are out of control. America is going down the crapper. Families are DROWNING !!~

[@trsdarrin]

I drive a 2004 GMC van and a 2002 Tahoe can't afford these vehicles today not even close

The only question is, why do we permit this?

[@jeffrey501green]

Vote Trump-Vance....let's take America back....

[@riskymesk]

Someone is buying them so idk what you mean

[@mycahjewell5167]

Actually, they are paying attention to the working man. It is the working man that uses a high dollar truck as some sort of status symbol. I see it with my employees and contractors and every house on my street (husbands typically drive one diesel trucks and the wives drive 90K+ full size SUVs), it's like a wiener measuring contest that they are willing to pay anything for just to try and win.

[@thomasdarby6084]

I'm an old man, so I can recall that the world's most expensive production car in 1962 was the Rolls Royce Silver Cloud at just under $18,000, at a time when a Chevy Impala sold for $2,800. Now we have Jeeps... JEEPS!... selling for the price of 7 Rolls Royce Silver Clouds!! It boggles my old brain.

[@jrobmccoy]

To be fair, $18k in 62’ is just shy of $190k today still cheap for that class of car through. Although $2800 for that Impala would be a reasonable $30k today! These companies love to claim “INFLATION! INFLATION!” But are selling 2x~4x the current inflation rate. Greed, plain and simple.

[@nadeenzamora]

Now you can get a Rolls-Royce anywhere from $400k-500K. Only 20-25times more than they sold in the 60’s.

[@drivewayhero]

And what was the average hourly wage back then

[@married2designer]

​@@Mikegastaldoand still have money left 😭💯

[@hyrenaj2888]

That $18,000, if inflation stayed in the target of 2-3% would be between $61-112k today. But that amount of money won't get you a Rolls Royce, barely a full sized truck today.

[@jaws10278]

I dont get it.... The big 3 say no one wants sedans, but yet Toyota, Honday, Kia/Hyundai sell sedans like crazy. 🤔🤔🤔

[@itsallminor6133]

Less profit.

[@hawkeyetec]

They are not building what customers can afford to buy maintain and rebuild.

[@user-tb7rn1il3q]

They are dropping sedans as well. The Camry and Accord will be discontinued soon.

[@kclefthanded427]

It's simply the big 3 can't build sedans that could compete with Toyota, Honda. Even Nissan is thinking on ditching the Altima after 2025

[@hawkeyetec]

@kclefthanded427 50 years ago the USA had the big 4. AMC didn't build what the consumer wanted or needed. I'm seeing the same trend in what's left of the big three. The big three are disconnected to a point they in the same track as AMC . Mopar bought jeep and that's all that left is jeep. The big three need to build value. Cars that are affordable to buy easy to repair because they can buy software or books on diagnostics. Standardize the systems and make them reliable. Along with the aftermarket support of late model and older parts availability and or upgrades to update / upgrade systems . These policies will have the domestic automotive manufacturers the traction they lost.

[@kitsune303]

Research Dept: "People can't afford a $50K vehicle." Marketing Dept: "Let's make twice as many $100K units!"

[@timhensley3695]

🤣

[@jerrypolverino6025]

Prices are insane

[@outkast40]

The Big 3 just leaves the door open for Toyota,Honda,Kia and Hyundai to dominate the car market forever.

[@QuinlinBane]

Lexus is cheaper too.

[@sudeeptaghosh]

Iceage over

[@corn_pops-go4128]

Unless you need a truck

[@QuinlinBane]

We can't let manufacturers normalize $50k minimum vehicles.

[@JosephTaub-kg6gn]

Too bad all of those companies are building garbage too

[@brainsmasher66]

I'm 68. I bought 5 brand new cars in my life. Over 30K was always a luxury vehicle. Real wages haven't risen since I last bought a brand new vehicle 30 years ago.

[@The_Mixed_Ron_Swanson]

They got bailed out with our tax money and this is how they repay us.... let them all fail and replace them with 50 small car companies.

[@AtlasJotun]

In the case of GM, they repaid the bailout with millions of dollars in interest within 6 months, a net positive for the economy. There are plenty of legitimate, factual arguments against mainline automakers and their shady business practices, to the point where it's completely unnecessary to make sensationalized claims like yours.

[@The_Mixed_Ron_Swanson]

@@AtlasJotun Statist NPC noises..

[@AtlasJotun]

@@The_Mixed_Ron_Swanson Oh okay, I guess you know all that and prefer the route Ford took of shutting down factories, liquidating assets and laying off thousands of people across the country, tens of thousands across the globe. Keep pretending like you lost money then. Say nothing about all of the Big Three moving production overseas, foreign ownership and mergers with Chinese conglomerates. Certainly don't mention the bailout being the inevitable result of the idiotic tax structure that will prevent "50 small car companies" from ever being a reality. And act like someone else is the NPC while spouting the one relevant talking point you have, which you were taught by billionaires.

[@garybrown4671]

Is that what truth sounds like to you ​@@The_Mixed_Ron_Swanson?

[@The_Mixed_Ron_Swanson]

@@garybrown4671 its history, not my opinion.

[@MisterR4236]

Nobody in their right mind is gonna pay $28,000 for a Malibu when you can buy a Toyota or honda for around the same.

[@Gonzo_Bubb]

People who only buy american will.

[@matthewm9261]

Exactly why gm stopped making cars. They can't compete with the Koreans and Japanese

[@TimRHillard]

@@matthewm9261maybe they can, but choose not too. American auto makers don’t have the best upper management these days.

[@jtkrpm1]

I like my 2025 Malibu.

[@TheGuruStud]

​@@jtkrpm1Till it blows up just outside warranty 😂

[@JenHamon]

It looks like collusion when all the automakers decided to cut affordable models at the same time.

[@jwill540]

That's exactly what it is and the government is in on it as well. You will own nothing and be happy.

[@justsayin3600]

Like turning on old school network news. They ALL HAVE THE SAME 💩. Just at different times in the same time slot.

[@bullitthead7853]

Somehow, he glossed over the $20,000 Chevy Trax in this video. I've seen them on the road ALOT lately.

[@pawelwisniewski6849]

And brand new Buicks for 27k which looks incredible

[@keithburch8997]

@@JenHamon Avg income in America is only 59k for a family of 4....Poor people are really in trouble

[@michaelgomez3044]

Ridiculous prices. Never buying a new vehicle again.

[@MOON_BOYS]

There's not going to be used vehicles after few years. If no one buys new.. we are moving towards 20 years old cars and brand new ones.

[@pawelwisniewski6849]

You will be moving to cheap electric cars and the gas truck will be priced even higher .

[@michaelgomez3044]

@@pawelwisniewski6849 No. I. will. not. comply.

[@pawelwisniewski6849]

@@michaelgomez3044 we can always ride bikes again 😂

[@michaelgomez3044]

@@pawelwisniewski6849 Horse drawn carriages is my vote.

[@Steveoreno]

The Nissan Frontier is 100% American made truck with 87% American made parts.....cheaper than anything shown and a solid truck to boot.

[@realbigtuna667]

I'm looking to pick one up within the next 6 months. Pro-4x in green is NICE. Can't beat it for the money.

[@drecksaukerl]

Love my 2023 4X4 with a King Cab and 6' box. A back-to-basics truck without useless luxo features. I just wish it had a manual (Nissan doesn't offer one). Cost me about half what an average full-size truck costs.

[@lagamidakr]

Nissan lol

[@ChillWill-q5x]

@@lagamidakr You have a better option?

[@TheGuruStud]

​@@lagamidakrNissan has had better trucks than everyone except Toyota and even then it was a very close second. You have no clue

[@midcenturymodern9330]

Imagine paying $80,000 for a rapidly depreciating item such as a GM vehicle! Back in 1987, I bought a brand new BMW for $18,000! American car companies and UAW have lost their fkn minds! I live in California, and for $100,000 you can start a business, instead of buying some stupid truck. This is ridiculous!

[@bullitthead7853]

Truck may very well maintain more value than that new business. I agree with the point though, $100,000 is best spent/invested somewhere besides a new vehicle.

[@KathyAndrew]

My base toyota pu cost 6332 in 88. Bet it ran longer than that bee;mer

[@proberts34]

According to the inflation calculator at DollarTimes, the current (2024) value of $18,000 from 1987 is. . .$49,968.

[@shiftmotorsports9803]

But once you already own that business, the truck becomes a write off for your business

[@overthehilldill3626]

@@midcenturymodern9330 I bought a new Traverse in 2021 for $40k and now I'm being bugged constantly to sell it back to the dealer for a $14k profit. I got in just in time. I'm keeping it and if things don't change it'll be my last car purchase.

[@dennissvitak5475]

The big Chevy's have a thick layer of dirt on them. That's all you need to know.

[@camclarke9952]

Not as much as ford or rams

[@trevorlees1241]

It’s amazing that car prices in the US in the 70’s through 2010 were so low/ cheap compared to Australia Now except for Tesla they are far far higher !! And with no import tariffs on Chinese made cars that discrepancy is getting larger !! The US consumer is getting screwed badly So who is winning in the US ? Only Tesla So it’s a very bleak outlook for the big 3

[@cyclopsvision6370]

so why did GM report amazing earnings?

[@garybrown4671]

My daily has a thick layer of dirt 😂 That's all you need to know.😂😅

[@garybrown4671]

It's dirty, because I don't have free time from my job at the "Big Chevy" assembly plant. We're barely staying ahead of orders. It would almost seem that people are fine with the price.

[@Jaykwan88]

The car market and it's absurdity is a mirror to the state of our society it seems

[@roguedolphin]

That is SO TRUE! What a clown world.

[@KenBarr-w7v]

What in the world is going on? 8 years ago I bought my 3 bedroom 2 bath brick home for $102,000 and now it’s common for vehicles to cost that much? I guess they are on track for us to own nothing and be happy. Seems there is no push back against that plan. Absolutely ridiculous.

[@jda72]

Bidenomics.

[@simonrobert869]

$$$ being devalued via explosion in debt since 2008 recession

[@drnick40]

People complain they don’t have any money and at the same time buy $80-90k SUV’s and trucks. I don’t understand.

[@RyanJohnson-ft6qi]

Trying to fit in and be cool

[@jeffdunnell6693]

In debt up to their armpits.

[@HALWG51]

Most of the soccer moms where I live drive Tahoes, Suburban and Yukons. Most are around $80,000. Absurd

[@SHOE53]

hearing bank are repo a record amount of vehicles, people got there nose to the grind stone to make these car and house payment.

[@matthill4406]

They aren’t the ones complaining

[@michaelj4254]

Car manufacturers are completely out of touch with consumers. I paid less than what that High Country costs for my first house

[@tomrizzo1554]

I wouldn't cry if these car dealers went out of business

[@mikecicero59]

Your missing a big issue. People are finally seeing the difference in repair and longevity differences between the engines in different manufacturers and after warranty repair costs. Having a solid naturally aspirated V8 versus turbo V6 with all more issues is a big selling point.

[@charlesjackson1700]

A three cylinder Chevy trailblazer 🤯 34,000 +.. A rolling pile of unreliable garbage.. 😒

[@deanvoss7098]

I just bought a 2023 leftover Honda Ridgeline brand new with a 6-cylinder for $39,000

[@charlesjackson1700]

@deanvoss7098.. Great vehicle and price..👍

[@warbuzzard7167]

I drive one 8 hours per day 5 days per week. It was given to me new at work and I've been doing this for two years. It now has 20,500 very hard-use local miles and LOADS of idling... it has NOT ONCE gotten me stuck off road in the most adverse conditions you could imagine. It's had two or three recalls for unimportant stuff. It is a very, very good vehicle - don't get me wrong. I don't really care for Chevrolet vehicles, but this one is quite a bargain for what my employer paid for it.

[@Charlee-w1u]

True, buy and sell when warranty up ?

[@Charlee-w1u]

@@warbuzzard7167 Chevy Trax run the hell out of it, not one repair needed, had the usual recall, never left me stranded.

[@curtgomes]

92K for a Chevrolet pickup truck! High Country or Low Country or whatever they want to call it.... it's grossly overpriced! Add 10% for all the extra sales costs and it's over 100K!!! Only a billionaire or a fool would buy one of these.

[@pawelwisniewski6849]

Just look online , I was looking for one last week and you can get new ‘24 high country for 66k plus 3k off and have it financed for 36 months 0%interest special financing , not as bed as this guy is showing you

[@jordan2104]

Or business owners. I bought one two days ago and they had 4 trucks with that configuration available. FOUR!! They're selling them like hot cakes. Construction companies buy them by the dozen. Especially now before the tax season.

[@pawelwisniewski6849]

@@jordan2104 I just bought 1500 denali ultimate 2025 with 9k discount from msrp

[@kamlee4010]

I am the average person who wants a simple truck around $37,000 . The xtra trim don’t make the truck run any better . The Big Three is selling a lot of of throw away vehicles that don’t last longer than 150,000 km . Most of them will be recalled 3 to 5 times to fixed the same problems😢

[@spyder000069]

You can get a simple Nissan frontier for that price and its naturally aspirated too so no turbo worries.

[@Babylon6969]

Buy used. I’m still driving and maintaining a 1996 Chevy Silverado I bought new. Paid 30k Canadian at the time. I’ve always had a second 4 door truck when I had kids. I’ll never buy a new truck again. Last one was a 2020 Tundra.

[@bullitthead7853]

Agreed, I'm considering an entry level Chevy Colorado, starts under 30k. The bed is smaller than a full size but, with the correct options, it can tow 7700 lbs.

[@pawelwisniewski6849]

Plenty of new full size “simple” trucks for 37k on market The true is you want loaded truck for that price

[@Enochrry6024]

You can get a truck for that price, if you can fit in the smaller truck and enjoy getting blown away by the wind when a 18 wheeler pass by you😂!.

[@SHADOWBLACKs650]

Ford got clobbered like everybody else in the EV cars, MachE sales are down, and the lightning F-150 production has been stopped with layoffs.... two vehicles required by the overburdening government EPA....

[@JC-PSC]

There is an American option for 4 door sedan, and it’s the Toyota Camry. It’s got a higher percentage of American made parts than any new American truck on the truck.

[@I-TRACK-DAILY]

Who the “FUCK” would pay $39K for a ford escape?

[@keithburch8997]

@@I-TRACK-DAILY Stupid women ..that's who!

[@patriciapitts3505]

😂 right 😂

[@jeffmiller3150]

Somebody who is too cheap to buy an Expedition or Explorer.if 🤷

[@Ergo8152]

Wow gotta agree 😮

[@keithburch8997]

@@jeffmiller3150 No money...Too nroke5

[@djrickyb]

A person going to buy a Chevy Equinox and willing to pay $49,000 for it has to be out of their mind, and literally did zero research as to the quality of the Equinox platform over the last 15 years.

[@mattnorman5241]

theyre poor

[@DayTuckErrJoobz]

I’m willing to bet most people driving around in GM other US brands didn’t actually do research, and were impulsive buyers. And don’t anyone try to deny that to me.

[@willy6271-q9u]

Spitzer chevy in canton ohio sells their top of the line equinox for 35 grand

[@HALWG51]

There are no $49,000 Equinox. You can get a loaded one for $35,000 to $38,000.

[@653j521]

@@DayTuckErrJoobz Because you are already half out the door to buy whatever looks good to you and don't want to be delayed.

[@budstep7361]

People really out here dropping $800-1500 per month in DEPRECIATION ALONE 🤣 Good for them

[@coniccinoc]

I don't think the Malibu can compete with the Civic, Camry or Accord. Dropping it sounds right.

[@djrickyb]

They were going to drop it back in 2021. I remember reading about it. Not sure what changed their minds at the time to keep it going. I guess they were looking at Ford's drop in sales after Ford got rid of all their cars except the Mustang.

[@michaelglenning5107]

You left out KIA Optima. The 1.6 litre is rock solid as is the Optima/K5 model. Still affordable.

[@arthurbilenker2622]

They produced it for rental cars.

[@coniccinoc]

@@djrickyb It is shame GM didn't keep the Volt. Hybrids and plug in hybrids are very popular and practical.

[@coniccinoc]

@@arthurbilenker2622 Fleet sales are helpful in that they bring volume up which in turn brings cost down but at the same time they reduce residuals. Ford and Nissan went all in for fleet and this may be one of the reasons they are both struggling.

[@chasl3645]

The only way these numbers can make sense is if those cars went a half million miles without any problems.

[@rogerbox112]

Like everything else in America, vehicles have become disposable items

[@user-og9nr1fd9y]

Just left a gm dealership 49000 for a canyon at 4. Super nice truck. No discount had to let them keep it

[@spyder000069]

Trail boss or z71 will bring your price down but you will be able to negotiate a better deal on a nissan pro4x typically especially if its a 2024 model.

[@RonKnowsStuff]

Ford STX crew cab MSRP $48,200. I got mine for $34,100 OTD with a 2017 Sportage as a trade

[@user-og9nr1fd9y]

@ quick question 2 or 4wd

[@RonKnowsStuff]

@ 2 - if I can’t get there in 2 wheel drive, I shouldn’t be going.

[@spyder000069]

@@user-og9nr1fd9y 2wd will save a little gas. 4wd will have better resale and be easier to sell later. I live out in the country in northern illinois. we sometimes get 12+ inch snows and city plows doesn't make it out until morning. 4wd is a must. Not only in case we need to get to town for medical but ive had to pull the ups guy out a time or two LoL

[@aday1637]

Chevy/GMC is having a huge problem with breakdowns at low mileage. Watch some of the tow truck channels. Fuel pumps, electronics, variable valve timing, etc are becoming a nightmare for owners at very low miles. Not interested. I could sell you a truck that doesn't run as well for less money. Buy what works cause it may be the last one you'll ever be able to afford before going to the poor house.

[@russgann6089]

In 1969, my dad bought a brand new Impala for $4400. It wasn't even top of the line luxury either. But young people today, along with older people like myself on a fixed income, can't afford any of these new car prices. And you can't even buy a new small single cab truck like the early Ford Ranger...anywhere. What I'm saying is, there is a whole segment of the population out here whose car needs aren't even being addressed by American manufacturers. I'm not sorry they are losing money. They have done it to themselves.

[@zipit1984]

Sounds expensive for back then.

[@Gonar1212]

Yeah but those were disposable cars. Lucky to get 2 years out of them. Any vehicle made then.

[@teacfan1080]

They just want the profits to make shareholders happy. They don't really care what the public actually wants.

[@danielfair4675]

That's still $38k in 2024

[@skottu]

4400$ is equivalent to 37000$ in today's money. But progress in technology has made car manufacturing much cheaper than before. But salaries never went up according to the price hikes in real estate and cars. In the 70s, you could buy an apartment for around $750 in Sweden. A VW Golf was around $1500 that time. But now, young people can't move out from the parents house because everything is too expensive. A small apartment is around $100000! Cars have become much more expensive now. A Volvo XC90. When it was released in 2002, it was around $ 35,000. But now the price starts at around 95K.

[@billcooper2798]

Great video but the long and short of it is you are going to pay double for a gas vehicle to help offset the price for the failure of the EVs. And the big three have made the decision to charge more and lower the quality of the regular vehicles. Sounds about right!

[@davevan8864]

Among the big 3 domestic car companies.....there is zero product worth the price. I agree if someone did a decent $25K sedan, it would sell. Maybe the Chrysler family buys it back and turns it around. Thx

[@TailoredLawns]

Not a truck on the market worth over about 60k and they have to much electronic garbage on them!

[@trsdarrin]

I wouldn't touch one of those trucks. The fuel modulators are defective truck stalls out and won't start right in the middle of the road. You cannot even put these trucks in the neutral without special tools and knowledge just to get it pushed off to the side of the road, you're stuck right where it's stalled bird brains.

[@markwilliams6378]

Those engineers need to be fired. I wonder if they ever bought the trucks they design

[@aceprater5397]

Ya'll keep your $70,000 rolling data centers and I'll keep wrenching on the classic bronco I got for cash.

[@dnegel9546]

The u.s. car prices are absolutely insane. When i was in japan a few months ago i bought a 2012 honda fit with 40,000km(about 25k miles.) for $4k. And this was one of the more expensive cars. That same car like that here would probably go for $12k at minimum.

[@captainbeyond4350]

These prices are insane. I think they are forcing people to stop driving by these prices. Only rich people can afford to drive . The government wants you to take mass transit or ride a bike.

[@johnliberty3647]

They want us in 15 minute cities. You will own nothing and you will be happy.

[@scubaguy5389]

if everyone did, you would have a collapse of the car market.

[@chumps7974]

If only rich people could afford to drive traffic wouldn't be so bad.

[@victorsuarez2788]

The goverment or the greedy car makers? Make up your mind.

[@bullitthead7853]

@@victorsuarez2788 I don't think the car makers want anyone to take mass transit or ride a bike honestly.

[@rd9102]

I went to have some maintenance done at a Ford Dealership last week, thought i would take a look and see if they had a Dark Horse Mustang to look at (they didn't) but i decided to look around, found a nice Ranger for $45k and i thought it was a bit expensive but it was nice. Right behind it was a Ford F150 Raptor and it looked great...then i checked the price out, $93k and just laughed and i couldn't stop laughing as i left the dealership. The sales guy was looking at me and i was just shaking my head laughing. Now i could buy it but WHY would i spend that much for a F150 with some customization on it? No, ABSOLUTELY NOT, not now, not ever. The moment somebody wastes that money and drives off the lot they will lose $25k in "value" as they pull out to drive away.

[@13Jasonk13]

As a Canadian. I get terrified from these prices. You need to add 30% just for converting. New car is not in my future. .

[@patrickmichael8655]

50 grand for a truck that’s crazy

[@dtsosie5836]

Then becomes a subject to recall(s)

[@edwinrodeo]

The days of 30k trucks are long gone.. 50 isn’t horrible BUT yeah quality needs improvement

[@TheVirus-pr8zw]

What's crazy are the idiots who buy them.

[@BillyBobDingledorf]

Not as crazy as $40K for an Escape.

[@RyanJohnson-ft6qi]

It's not long gone, they will come down, the inventory is beyond full, I can still find brand new 2022 trucks on auto trader

[@patrickchubey3127]

With my 22 year old car as a trade-in, my new reliable, fuel efficient Japanese sedan CAR cost me UNDER 20k after the dust settled while American carmakers are focusing on crazy expensive pickup trucks and SUVs that I don't want or need. The money I saved will be put towards the cost of gasoline, but at 41 miles per gallon, it's going to take a very long time to spend that money.

Keep your sedans!!!! That's pretty much the only vehicle that people can afford. These executives are paid very well to make the right decision for their companies and their customers. But, instead they wasted 10s of Billions of dollars on products that don't sell in numbers enough to even cover the costs. Let alone make a profit. I'm not spending over $35,000 on a vehicle.

[@user-tb7rn1il3q]

Sedans are unsafe when every other vehicle on the road is a truck.

[@stevek6427]

This might sound crazy, but if car sales dip to the point where the companies are failing, they might be thinking another bailout might be coming. Free money for them might be a strategy. Why else would they price themselves out of so many buyers reach.

[@roberttuss5349]

I bought my house in 1979. Nice 3 bedroom cape. $87,000. My buddy bought a new loaded Caddy coupe de ville the year before. $6800

[@chumps7974]

That was almost 50 years ago.

[@brianjones6465]

GM trucks are usually worth more used than their counterparts and cost less new. Easy decision. But the best decision is drive what you have until it's unrepairable.

[@Ergo8152]

That's the position I'm in cheapest new ram was 55k and that's pretty much basic no frills

[@Tricolor40004]

These manufacturers need a reality check and ASAP. Most of these vehicles can stay as expensive paperweights

[@tdg276]

I’ve seen a lot of new GM Trucks recently. My father just bought a 2024 Duramax and he loves it.

[@michaelquinlan2121]

CAFE regulations destroyed the sedan market.

[@DayTuckErrJoobz]

Sedan market ain’t dead. It’s US made sedans that killed themselves for a combination of poor quality and awful gradeschool level design. Take it back…grade schoolers can design better looking sedans the the last batch of US sedans.

[@JC-PSC]

The big 3 lobbied for CAFE regulations to be the way they are, so they have an excuse to only sell overpriced trucks and SUVs with large profit margins.

[@DayTuckErrJoobz]

@@michaelquinlan2121 the big 3 pointed the gun at themselves for more reasons. Most buyers just didn’t wanna shop those sedans. The existing sedans are still around because many are hybrid or 4-turbo variants. I personally have no yearning to bring back big 3 sedans. They have no place in wasting pages of history books.

[@dancahill9585]

Only US made companies can't make sedans. Hell, let's let Chinese car makers into the market.

[@DayTuckErrJoobz]

@@dancahill9585 I hate to admit it, but Chinese sedans look more appealing than any of the past poor attempts by the failed 3.

[@DCPEvo]

I can’t wrap my head around a $2500/ month car payment for a Jeep Wagoneer. Who would do that?

[@joeshmoe2746]

Lol

[@fialee8]

Whatever dealership you are going to that allows you to roam is a rip-off dealership. @8:05 mark, that 2025 Chevy 2500 LTZ 4WD has a Std price of $62,000 plus $1,995 destination should be $63,995. However, that dealership piles on options packages ($9,000), and dealer installed options($4,074) for a total of $13,074 to bloat the price up to $77,069, or +20.4% more. If the dealer can't sell that truck, it's on them... for piling on options to squeeze more money from customers.

[@jda72]

That destination charge is a rip off I just bought a new silverado I live 3 hours from the assembly plant and have to pay a 1995$ destination charge,would have been more than happy to pick it up at the plant and save that money.

[@HittinyaWitDaTruth]

@@jda72 I just bought a Tesla and picked it up at the Freemont plant and still had to pay $1400 destination. I picked it up a 100 yards from the end of the assembly line.

[@jda72]

@@HittinyaWitDaTruth I know it didn't go on the truck and they still charge you,it's wrong.

[@bsmith8209]

Buy directly from the manufacturer... Always cheaper!

[@user-og9nr1fd9y]

Man they talk about how bad it is. Then you go into a dealership and they act like it’s your privilege to be there. I won’t ever buy a new car from a dealership still the slimy tactics asked for best deal. It was absurd. I had been there for over an hour. So it didn’t work out. I started to leave then. Let me talk to my sales manager. I guess there was a better deal after all but they wasted my time and apparently it wasn’t the best deal upfront. No sale so sorry

[@jamesmyers9285]

RAM didn't cut production on the Classic RAM, they discontinued the truck forever!

[@Shredtires]

My 21 6.2 was 54. Lt2. A new one is 72. Almost 20,000 more. That's how they making money.

[@mikeboyd8578]

You can have a dodge truck in any color you want. As long as it’s white

[@mikeboncheck5555]

In early 2015.....I bought a left over 2014 2 LT chevy Cruze for 16,900 and change out the door....It was the very first new car I ever bought.. I cant afford any new offers from any dealers ....it is outrageous

[@bullitthead7853]

Grab a new Chevy Trax for $20k, probably comparable to the Cruze. I see a lot of them on the road around here, hopefully they end up being reliable.

[@Ronald-dc6me]

G.M cooking the books

[@DayTuckErrJoobz]

Not exactly. They’re manipulating things, but that’s because they just don’t disclose the fact most of their sales go to rental fleets and other corporate fleets. They don’t have big profits from individual buyers.

[@davidbeppler3032]

Nope. The Gov has handed them multiple small bailouts under the guise of other things. $2 billion for a battery factory that will not be built is an example.

[@DayTuckErrJoobz]

@@davidbeppler3032 well yes and no. The battery investment is just being shifted to manufacturing in China, much like how they’ve shamelessly taken the original big bailout and reinvested in outsourcing.

[@Metaskriptz]

@@davidbeppler3032bingo

[@justsayin3600]

We call it Jambalaya in Louisiana.

[@robertedwards3822]

I just purchased a Chevy Colorado ZR two top-of-the-line pick up truck for $45,000 with a $6000 discount. It’s a fantastic vehicle. I love it and it’ll do everything. Those large trucks do, for example, it towes over 7000 pounds and is full four-wheel-drive with front and wheel rear lockers. A tremendous value.

[@Kurt-n4i]

Put a 7ft fishing pole back there

[@lexwaldez]

$40k for a Ford Escape and that's their "affordable" vehicle? Ford can #@$% right off. $80k for a Chevy Suburban? $123k for a Wagoneer (obvious niche market of more money than brains there). Those dealers can eat those cars. That's crazy. Give me something like a $25k Buick or a reasonably priced CrossTrek, CRV, or something. I won't feel bad when these dealers start disappearing.

[@ColeDedhand]

I just bought a Blazer in July because they had $6k below MSRP and 3.9% financing. Right around $34k before tax/title. I wasn't planning to buy GM but Chevy was the only manufacturer offering good discounts and low interest financing on their mid-size SUVs.

[@rogerbox112]

Just priced a Chevy 2500 4x4 , wouldn't come off the sticker one penny

[@RustEShackleford]

Please Lord let it get cheaper. Hold the line my brother and sisters!!!

[@BillyBobDingledorf]

We need a minor recession.

[@RyanJohnson-ft6qi]

Im holding out, it's all politics, see what happens after this election

[@mattnorman5241]

stop sticking up for gm

[@drivewayhero]

Lord let this happen, that means he wanted and meant it to. That means lord is cruel and enjoys your suffering

[@drivewayhero]

Lord let this happen which means he wanted it to and meant it to, that means lord enjoys watching you suffer and you are begging to him?

[@tachikaze222]

My 2023 Model Y AWD was $40K OTD thanks to $10,000 in gov't cash. With home solar I can drive 250 miles for free, after that, ~$3/gal GGE

[@christopherlaflam6383]

I miss American coupes and sedans. I'll never own a cuv/suv.

[@billbob4856]

I’ve seen more 80s Ford Rangers on the road than I’ve seen in 20 years. I even saw a Jeep Comanche a month ago. These new truck prices (and the resulting increase in used market) are getting people to drag these long-abandoned trucks out of a field or their tombs in some barn /garage and put them back on the road again.

[@harleyj3938]

Quality and simple works for me.

[@cactneir]

American made? You mean Mexican made Now honda is American made

[@RyanJohnson-ft6qi]

Nissan titan is the only one with quality and reliability then they stop making it lol

[@BillyBobDingledorf]

@@cactneir Honda has CVTs 👎 We need better choices.

[@rogde5985]

Guess I’m holding on to my 2014 until prices drop or my salary increases…works for me….

[@RonWeber-t9y]

Did GM before NEVER again!

[@smarticus6384]

Where I live, the Chevrolet and GMC dealers are busting at the seams with truck inventory. They are also discounting more than Ram and Ford. This might explain the 3% growth in sales, but it will be interesting to see how far the profits drop by the end of Q4.

[@Shamwow-gc4fq]

I'm wondering who's buying all these $100,000 trucks and SUVs. Shit I wouldn't even pay the insurance on something like that. And it's not like I'm some poor ass bitch? Or am I 😂

[@dave3657]

If you weren’t poor, you would be after a couple of years of paying for a new vehicle. 😂

[@jordan2104]

Businesses. I just got a new truck, and my payment is about $470 with the extended warranty. Insurance is $120/month. Everything is a write-off and it'll pay for itself in a couple of months.

[@InstabilityControl]

Every time you post I love my paid off car more and more

[@eddym5532]

Silly CEOs selling overpriced silly cars nobody can`t afford.

[@kenma8806]

I just bought in (September) a 2019 Cadillac XT5 with 54k on it.. That was $22k but it has everything, including a tow package and a much lower payment and a good interest rate.. I cannot afford a new vehicle, and also as soon as you drive it off the lot it loses 20% of its value.. It is crazy..

[@2legit758]

It’s over all cars are going to HELL

[@damirzanne]

these people have lost their minds , I bought me a super nice 2015 Mercedes S 550 with 70K miles for$28K … lol … and my payment is $580 per month … there is no way in hell I’d pay $120.000 for freaking pickup truck …

[@joeshmoe2746]

I wanted one of them but i heard they cost out the rear to maintain lol. I bought a 2014 5.7l chrysler 300c and did an engine swap 6.4l hemi srt suspension 8 speed trans spent less than 30k so far lol

[@LiamAdams-g1g]

Another incredible video! Seeing all these exotic cars makes it tempting to dream big. But when it comes to buying one, getting a solid financial plan in place first is so important. For anyone seriously considering an exotic car, or any high-end investment, having a reliable financial advisor can make all the difference. I’ve been working with an incredible advisor, Stephanie Janis Stiefel, for years, and she’s been amazing at helping people make smart financial moves. Plus, she’s got a great track record online, so she’s easy to find if you’re interested. Buying a car like this is a big step, so make sure you’ve got someone in your corner!

[@Kenneth-1900]

Completely agree with you! Stephanie Janis Stiefel helped me save up and invest smartly before I bought my first Porsche. She’s great at helping you see the bigger picture so you’re not just buying on impulse. It’s a game-changer

[@GuileneAuman]

Yes! I’ve worked with her too. Stephanie Janis Stiefel really understands the financial side of these big purchases. She helped me map out my goals and figure out what car I could actually afford without throwing my whole savings away. Would recommend her to anyone

[@AlessaMyranda]

This is exactly what I need. I’ve been thinking about getting a McLaren, but I know it’s a huge investment. Does she help with budgeting out all the other costs involved too, like maintenance and insurance?

[@chloeliam1101]

​@@AlessaMyrandashe definitely does! I’ve worked with her for about three years, and she’s super thorough. She went through every detail with me when I was buying my Lamborghini, maintenance, insurance, even potential resale value. I wouldn’t have been able to make such a smart choice without her.

[@richardwagner6359]

​@@AlessaMyrandaI’m in the same boat as you. I’ve always wanted a Ferrari, but I want to make sure it’s the right move financially. I’ll definitely look her up. Thanks for the tip!

[@Wreclis]

These prices are NUTS!! I'm looking to purchase a car for my daughter when she graduates HS this year. I haven't done any research atm but I'm hard edged at 6k. 3k is her savings and I matched. I get nervous that I'm not going to find anything sold for 6k... smh. the automobile industry is bananas.

[@melissamommyof3]

That was me last year Have to add insurance too. My oldest has a $5500 car and insurance is $140 a month for just liability. Have 2 more teens that need cars next year. Been watching for a while and will buy when I find something worth buying.

[@offroadvehiclelover]

Beaters with faulty trannies or god know what else at that price range. Best of luck, though.

[@crazywisdom2]

TOYOTA certified New used.

[@melissamommyof3]

@@crazywisdom2 You can not get one for under $15000 let alone $6000......

[@matthewholzmueller6292]

At 16 yrs old i worked at a dealer. I had to drag a mile of hose around the lot and wash every vehicle. They fact every car on the lot is filthy means they are working with a skeleton crew.

[@samthesham-d2t]

39000 for a ford escape..lololololol..no wonder Ford is going under

[@topgun5054]

LOL. That grand wagoneer cost almost as much AS MY HOUSE. And it was built, brand new ... no previous owners. Granted that was 10 years ago or so. But still ... that's insane. What .... are they going to start financing cars with 30 year loans?? How else could you afford that?

[@eur2030]

$80,000 they might as well make it out of gold plate, there is no way I can afford that. Then is insurance , tax , maintenance . I am feeling sick.

[@TimRHillard]

I think there would be a huge market for cars and trucks that are just real basic, value priced and quality. They wouldn’t need all the whiz bang crap that hardly works anyway. I don’t know what for sure I think of Chinese autos being sold here, but maybe they’d force our auto makers to adjust their products to fit the market. Who buys these vehicles $50K plus? Thousand dollar a month payment, that’s crazy.

[@rikitourangi815]

Chinese automakers I believe are here to stay and dominate the legacy automotive market share. They paid Porsche designers to design the vehicles hence why the cars look similar to Porsches but fitted out with the latest technology,better quality batteries,longer range for a fraction of the price. They also know to keep their place in the market the cars would have to be built to last but the byd shark parts are interchangeable with raptors and rangers.

[@justacinnamonbun8658]

Stellantis decided to get into the parking lot business, must be lucrative.

[@mattthrasher9133]

I have a gmc 1 ton diesel dually for 77k. I need it for towing. Still allot of $$ but Ford and Dodge were 12-15k more.

[@kathleenprice8329]

Just today had a Nissan dealership close abruptly. 😢

[@RyanJohnson-ft6qi]

Where???

[@alabamaal225]

Here's the big problem: When you add together designing, testing, retooling factories, and the myriad of other functions required for a new/redesigned model, it doesn't cost much more to manufacture a large vehicle than an econo. The difference in cost of the actual steel and other materials involved is almost inconsequential. BUT the auto manufacturers can sell the larger/more luxury models for a much greater margin. A dealer would probably have to sell at least three Ford Focus to make the same profit as one Ford F-150.

[@imaxinsertnounherex]

I want a cheap, no nonsense car.

[@SacredFIGHTER8]

Carolla

[@imaxinsertnounherex]

@@SacredFIGHTER8 Toyota is doing its damndest to fill that nice of the market, true. Wish we could get the hilux champ here.

[@LaurenceHoneytoast]

Man for those prices I’ll just rebuild my 04 Tundra a few times over. I’ll never understand keeping up with the Joneses.

[@brianhamilton9392]

Do they not remember what saved dodge / plymouth back in the day. Dodge caravan minivans and k cars !!!

[@siliconvalleyengineer5875]

Here in Redding, CA the only ford dealer added like 40-50 thousand dollars to their trucks price 5-6 years ago. No one bought any of their trucks, I watched the same trucks year after year on the dealers lot. The other day i saws that the 2023-2024 trucks prices were far less but still unreasonably priced. No one buys all electrict cars here.