How Trump will Impact the Auto Market

[@masv2597]

Tariffs will kill consumers spending, because no business owners will reduce profits

[@fin59shaw]

I am hoping that the car industry will get back to more free market. The subsidies actually crippled the manufacturers, and I'm glad that you talked about those effects.

[@user-fx8bq1rk7c]

That’s right no EV for me

[@phillyfathead]

Ppl are still delusional that vehicle prices are going to crash!

[@GenghisKhan311]

They already are

[@XennialGuy]

I don't know what state you live in, but, they already are crashing. And they're going to crash even harder. Stellantis has a 6 month supply on most of their models, nearly a year supply on their trucks. 2023 models are still sitting on the lots. Nissan can't sell anything, Ford is in trouble, Tesla's Cybertruck is a flop, 1 million canceled orders, the list goes on.

[@SomeUserNameBlahBlah]

@@GenghisKhan311 Dropping a small amount is pointless compared to how much the prices rose.

[@abrahamg3354]

Prices rose since september😮​@@GenghisKhan311

[@raymondreiff8170]

High Quality units aren't going down by much and haven't.

[@SomeUserNameBlahBlah]

Basically, car prices will continue to rise and America will not let China sell cheap cars here.

[@2413-e5e]

Chinese cars crap any way. Especially not electric

[@smokeyj3983]

Happy Veterans day lucky. Thank you so much for your service.

[@jamesdelap4085]

Scotty Kilmer/Lucky Lopez pairing?

[@debolada6650]

A 10k car would be helpful to my family.

[@list3ningcalmly796]

Mercedes w204 c300 4 matic 13-14. They are animals, insanely reliable, nice to look at, fair on gas an solid plus not bad on insurance. Anything less than 100k miles is good to go.

[@alexlopez5800]

@@list3ningcalmly796 agree. Anything over 100k is just begging for major repairs soon or has major issues (when it comes to Mercedes).

[@MetaView7]

My prediction -- Trump will remove Biden's 100% Chinese EV tariff. He will make the Chinese build their factories in USA and insist on technology transfer. He will demolish the union leaders (blue) who have been holding the economy back.

[@dailydriven2356]

I was about to say toyotas 100k is just broken in ​@@alexlopez5800

[@Flash413]

A republican administration might be pro-business. pro-business is very rarely pro-consumer. People are going to learn that very quickly come 2025.

[@LuckyLopez777]

Well said

[@bobnovaes9363]

Agreed… don’t blame me 😂

[@Javierm0n0]

I had this exact thought as Luck was talking. Glad i'm not the only one.

[@lot2196]

Wrong.

[@clintonlunn4357]

Precisely. My 401k will benefit, but not me as a consumer

[@Bekssss]

no we don't need 84 month car loans ... its what make everything stupid expensive and we don't need 30-40 year mortgage

[@SupraSav]

Auto loans should require minimum 10% of the out the door vehicle cost as a down payment. The monthly payment shouldn't be more than 35% of a person's pay cheque. If the car requires more than 35% of my monthly pay then I had better increase my down payment.

[@GenghisKhan311]

Nope, if you can't pay cash you don't get it

[@bobnovaes9363]

@@GenghisKhan311that’s what I do 👍🏻

[@chrismargoni]

My down was 60% so my payment was not ridiculous. I also pay more than my payment because I want to pay it off early.

[@ItzzBrandonn]

I had a car loan and paid it off in less than a year and a half because I hated the interest rate and now I can use that money to invest and save up for other things. I plan on keeping my car for a while so im 👍.

[@timmietz]

100% tariff on Chinese cars is a must. Fed needs to cut rates another 1.5% in order for it to start making a bigger difference.

[@editpassion1970]

As a car salesman I am ecstatic about this administration

[@falcorzed]

That’s bad news for us

[@editpassion1970]

my 401K already went up 5K and the mf hasn’t even taken office yet so I strongly disagree

[@jwarchild7072]

I agree, they should let them in and compete

[@user-zo6xg8bx4l]

How well did banks do off-setting their risk over the last three years? It's going to be more of the same. Bigger deficits and greater debt equal HIGHER interest rates.

[@j.l.salayao8055]

To Mr. Lopez and to all veterans alive and those who have laid in eternal rest, thank you for your service to our country for the freedom we have today and for all the days ahead. God bless you and your loved ones. keep up the good work and thank you for your dedication in the automotive industry and for sharing your knowledge and experience. -Cheers from the Nevada desert!

[@zolopane117]

hey Lucky! I love your vids. I feel like there's a big tone shift in this one. In the past, you've been (rightfully) critical of crazy lending practices when cars are so expensive and people's incomes aren't big enough to sustain these loans. It sounds like you're looking forward to the increase in credit availability now, but I worry that's just going to add fuel to the fire of bad quality loans. Am I missing something here? I'm trying to understand what makes this increased credit availability a good thing

[@mapguy32]

Higher interest rates, more expensive car loans.

[@underachievingwatchcollect1878]

I’ll be interested in relaxing cafe standards from the EPA.

[@mustuddd]

Cafe isn't administered or issued by the EPA

[@orangesaturn]

@@mustuddd If that is true, then why does the EPA.gov website tell you that they are working with NHTSA to change CAFE rules for 2026?

[@WAL_DC-6B]

Perhaps you mean the local city and state health department along with the FDA. What standards do you feel need relaxing?

[@codyaltman29]

@@WAL_DC-6B Corporate Average Fuel Economy

[@falcorzed]

I don’t want to breathe in more autism causing fumes

[@robertolander8658]

Enjoy your show. Appreciate your fair opinion.

[@LuckyLopez777]

Thanks 🙏

[@w-w1781]

How to compete? 1) Work 9am to 9pm, 6 days a week. 2) Less pay and less benefits. 3) Less written rules and regulations. 4) No unions. 5) More government offered incentives.

[@Flash413]

Prices will go so high, they will make 2021-2022 look like a joke. Calling it right now.

[@LuckyLopez777]

I hope it don’t. People can’t even buy a new car

[@SupraSav]

I see what you are saying.. I just don't think manufacturers can afford not to sell cars in decent volume.

[@redrocklead]

The great wealth transfer is underway. Those that don't have cash or $150K jobs are going to be extremely disadvantaged. Boomer parents thought 5% dividend income was great. The kids are going to spend the entire principal. They want rents. They want huge equity gains. Those without are gonna stay without. Those with....cha ching.

[@Joel-sx2zc]

Domestic car prices will come down, bank on it.

[@Flash413]

@@Joel-sx2zc not going to happen. When rates are cut AND lending requirements are relaxed, more buyers will flood back into the market. That will keep prices steady, or even send them higher for in demand cars. That’s exactly what happened in 2021-2022. If everyone has money to buy stuff, stuff becomes more expensive. That’s inflation 101.

[@Lance_p84]

Lucky u stay doing these builds that no one ask for 😂 If im being honest, I come here for the information u provide. Thanks

[@mattlippiatt1273]

I work for bmw in sc and most things are done in house and new battery plant being built for evs and hybrids....most cars we build are shipped to other countries, but they can just move production to more domestic supply if they want to. But if your buying a bmw your not exactly the ones worried about the cost and most cars we make here are 65 to 180k vehicles and our plant has been non stop every car that is produced is already sold before it's even built.

[@backtoobasics]

The corrections are hitting canada finally. My marker for the last 7 years has been a awd challenger. There finally at dealerships in the low 20s. Dencent amount of miles but finally showing signs of the dealers dialing back on pricing and showin the ablity to negotiate is there for this model.stay safe everyone

[@mrmaxin53]

What do you expect to happen to car parts? Oem and aftermarket parts? Tires, rims. Exhausts, carbon fiber, etc? Are they going to get affected by tariffs?

[@josephheyd2543]

Absolutely!

[@tcash2402]

I'm sure you already know ..but many Chinese vehicles are already sold in the US through General motors, Buick,Volvo, etc. Except they add probably $20K or more to the price

[@mikeydude750]

That's the problem. America workers and labor cost too much because of the cost of living being too expensive. Cost of living needs to be brought down hard in the US - meaning cheaper rents and cheaper homes. The real estate bubble is strangling the rest of the economy.

[@erich5265]

Tesla will be one of few us made and bet get us made rebates.

[@mikeydude750]

@@erich5265 Absolutely awful build quality

[@maniagolsd3416]

Love the red shirt ❤

[@robertdeveau7445]

Yessir! A return to the free lending era of 2003 - 2007, that ended well for bankers! And GM. And Ford. And everyone else. Need money, don't have a job, no prob, here's a mill.

[@jeromeandre4915]

Another insightful video Lucky. Thanks. And congrats on the sema builds.

[@Broken_But_Not_Broke]

We lucked out timing wise by purchasing both our Porsche & Jaguar last month. (All cash). I had my eye on a 911 Turbo S, but with Trump’s impending tariffs, I’ve decided to hold off and see what happens.

[@tuy60]

Micro Economic vs Macro Economics, most business's know their Micro Economics well but that does not mean they have a clue about the broader Macro Economic trends. Debt Service vs Disposable Income is back to 2019 levels. It is 11.5% currently. Convert Credit to Debt and you will see a pull back in other spending because of the need to service the Debt. the more money going to the banks the less demand their will be in the economy for things.

[@michaelbrown7142]

This is the whole cycle repeating itself. Person is encouraged to buy new vehicle they can't afford. They take out massive loans from the bank, putting themselves in debt. They can't pay the debt. Car is repoed, credit is ruined. Rinse and repeat. How about we stop buying new vehicles for a while.

[@MikeEHY]

I believe interest rates will continue to rise putting further pressure on various markets particularly the auto, real estate, and consumer credit markets. A lot of that capital is currently locked up in government debt and so the recovery will be dependent on how quickly the government cuts the reckless spending. As the interest on US debt is approaching (perhaps exceeding) $1trln which alone is 25% of net tax revenue that debt burden will grow unless dramatic restructuring of government occurs. That debt burden is going to continue to be a thorn in the side of the economy.

[@TexasRiverRat31254]

Elon got some 700+ million in Carbon credits that came from the other car companies. They had to pay penalties to offset the ICE vehicles which allowed Tesla to show a good profit in the 3d quarter.

[@j.c.4192]

america is a car centric society. With cars so expensive, cost of living is unsustainable.

[@weekendhero7411]

"Alliance’s year-to-date charge offs totaled $1,428,659, while its recoveries amounted to $55,130, according its third quarter Call Report. New and used vehicle loans accounted for $1.2 million on total losses." ALM Credit Union Times NOV 11, 2024 : "The $59.1 million Alliance Credit Union of Florida, which posted a loss of $2,372,203, was placed into conservatorship by Florida’s Office of Financial Regulation, which appointed the NCUA as the conservator on Friday evening.

[@vicentee2687]

what dose this mean for us peasants

[@XennialGuy]

It means people can't afford their cars and are walking away. It means it's going to take more than just lower interest rates to get people to buy an $80,000 truck or SUV.

[@vladimus9749]

Thanks for your service Lucky

[@Zdp433]

Loaded crewcab 4x4 gas truck 35k. Same truck with a diesel 45k. The manufacturers are still making plenty of money at these prices.

[@tubewacha]

The problem has always been OTD price. Am dreading it if banks are going to allow irresponsible loans again, because too many consumers are idiots.

[@Four_Eyes]

Very based commentary. Always appreciate your insights.

[@davidford3611]

Consumers in the US pay the taffifs

[@LuckyLopez777]

$$$$

[@tex3687]

Thats how theyve always worked....nothing new this time around. Somebodys gonna have to pay

[@peteray3967]

Somehow millions think that's wrong... and the leader of the US.

[@charleshaggard4341]

In Etex the gas is about $2.50/gal. About as cheap as it's been in 5 years not counting Covid. Also, I read where the record number of new vehicle sales was 2017. That's not likely to change until vehicle prices go down, IMO. I know a guy who bought a 2024 Full sized Chevy pickup w/4 wheel drive but basic other than that and it was $45 grand.

[@carlosgamez6230]

He wants to deregulate banking like deregulation didn’t get us a housing crisis in “08 and got us to where we are now with houses and cars now.

[@bikefax8177]

I was at SEMA as well. 2025 Acura Integra $70,000 took the cake

[@ChrisFromFloriduh]

I’m gonna hold off still. I want to get a new s650 Mustang Dark Horse, not willing to jump into a purchase until I feel this economy gets better. I also think Trumps EPA changes could make V8s cheaper.

[@LuckyLopez777]

I’m looking for a wrecked dark horse. Have a fun project lined up

[@mbeck1597]

We charge cars at night low use hrs, 30mi a day av charge once a week, the power is there in most locations

[@brandonpauling6631]

Great info, as always!

[@user-fx8bq1rk7c]

Thanks for sharing

[@dailydriven2356]

That does mean used car prices will go down. Like the cheap stuff. Since it was the inverse currently.

[@fpstina]

toyota needs to bring back NA V8 and get the basics right. They can't charge a premium for reliability when they're not reliable...

[@timp868]

My worry with Chinese vehicles is that if we get into a conflict in the future, they might be able to shut off the car.

[@jwuhome]

Chinese EVs are mostly running android, which is owned by Google. I say Google can shut off more cars in China than they can shut off cars in US.

[@michaelsteel5177]

But the risk is still there and real.

[@brokeboy87]

Ford is already considering autonomous driving, mainly for an auto repo contingency.

[@AhsanKhann785]

What about the car chips we are getting from china

[@jwuhome]

@@AhsanKhann785 What about the hardware in Iphones made in China? Shouldn't we fix that before we worry about EVs not even here?

[@bb_lz9790]

Our vehicle just turned 10 but only has 61K on it. We started looking for something bigger, but I'm going to wait for 5 more years...

[@mattlippiatt1273]

Smartest thing to ever do is keep the car esp if paid off till it won't go any further...not going to save enough with gas to pay for new car even maintance still cheaper to repair vs replace. If it runs and gets to a to be keep it unless just want to keep up with the Jones

[@john.johnb_online1438]

I’m going to have to review your videos on how to get in the car game. Thank you Lucky

[@kenergang4958]

In Canada we call it Remembrance Day.

[@WAL_DC-6B]

Oh, I remember that!

[@Joel-sx2zc]

I sincerely believe that being an American is a matter of the heart, not a matter of location.

[@bp9626]

How about removing the tax on used vehicles?

[@damiondobney542]

Hi Lucky am sure you happy about that.... See the big bright smile.

[@aaa5diamond]

Hey Carvana is back to $250 a share. Dealers are on fire lol

[@danielstapler4315]

March of 2023 they were at $9

[@ntag411]

The right to drive is a privilege, not a right. IMO, with all the changes that has happened and will come, the average person will no longer drive. The energy consumption has been too great for too long and adds to the countries deficit.

[@bryantwells9441]

The “affordable” Chinese EV’s are just subsidized by the Chinese government. The cost of manufacturing isn’t the problem it’s that the US isn’t willing to subsidize to that level.

[@johnhowardesq]

This is a very thought-provoking video. I agree with you when you say there will be a recession. Hope it is a short one. Electric cars are cool, and maybe not as complicated as the hybrids. I at least need a range extender or over a 400 mile range. Plus my old crappy house electric panel needs replaced before I get one. It’s only money!

[@chateuaxfaygeaux]

The problem with “letting natural innovation happen” is that the Chinese are building competitive vehicles that are prohibitively expensive to import because of tariffs. That could be acceptable if doing so gave domestic manufacturers a chance to catch up and compete. If Ford/GM/etc is unwilling or unable to compete in this space, why should my choice to buy an EV be restricted? As far as their stock value goes: their founding EV divisions contribute to it, but also consider their heavy dependence on large, expensive trucks and their expensive recalls as of late.

[@paultrouskie1825]

Can you imagine the utter chaos that would result if all credit was cut off for even one month? Life would cease to exist.lol. The system is built, and runs on credit. At some point the credit spigot will be shut off. Probably within the next 10-20 years. Glad I'm getting old.

[@EC-ol8nz]

Trump WILL bring the stick shift Hemi back, force Toyota to make the Supra in house and force Doug Demuro to wear 5 button dress shirts. This he promises 😁

[@WAL_DC-6B]

Maybe even Mack Trucks will bring back a thirsty pickup truck much like they had back in the 1930s (though I understand it was actually produced by Diamond T Motors for Mack back then).

[@Tearflavoredcereal]

But will he bring tai Lopez back sharing all his knalidge? 😂

[@falcorzed]

Was looking for the boomer comment 😅

[@mikapeltokorpi7671]

Tariffs will hike car prices accordingly (10%/20%/60%/100%). Buy your car now, if it is not among the few models made in the US. Parts and raw materia prices will be impacted too, so Made in USA models or brands are not safe, either. (E.g. Teslas with Chinese made batteries or with batteries made from China sourced raw materials)

[@BrianWaller-qe7gr]

Nope. That’s propaganda. Tariffs will force the manufacturers to build here in the us or go extinct. Would you buy a ford ranger for $10k more than the cheaper Tacoma or frontier or Colorado?

[@henrystowe6217]

Automakers have to be able to build what people can afford and what they want to buy. That requires loosening CAFE regulations and some NHTSA regulations on beltline heights. Another idea would be to allow some of the cheaper gad powered cars and trucks in from foreign countries with a 40 percent tariff on them to encourage manufacturing here. It can be done, but will it? I kind of doubt it.

[@Entropied]

The thing with electric vehicle is that companies will not innovate unless they’re pushed to do so. If a company hadn’t come in making so much money off EVs the other companies wouldn’t have even tried to push more out. All the lobbying they do to keep things as is and maximize their profits without caring about anything else.

[@USAtotheUK]

Hurrah, they’ll lend us money for cars we can’t afford that’ll end up in record levels of repos again. Classic. Elon has already stated that the hurt is coming to fix the defecit. Good luck to anyone buying a ram 1500 for $90k 😂

[@LuckyLopez777]

100% lol

[@ItsAlive111]

No president is going to fix the deficit until we’re completely broke

[@Boulevard_Yachtsman]

I don't know how much cheaper gas can possibly get. I filled up for $2.80/gallon the other day at Sam's. That's the equivalent of $0.70/gallon back in 1980.

[@earlmarsh2285]

Was a $1.89 when Trump left office last time !

[@Pilot545]

@@earlmarsh2285During COVID. Nobody was driving. Not an accurate comparison at all. Snapshot during a unique time doesn’t count.

[@vincetaylor3948]

@@Pilot545nobody was driving…. I was and many were. It actually showed me how unimportant so many are in our economy.

[@johnanderson9735]

The Lincoln Nautilus is made in China 🇨🇳 and this fact has to do with the global economy, the manufacturer wants to make a profit and they will find the best way to make that happen! The 2035 timeline was way too aggressive.

[@LuckyLopez777]

Thanks for sharing 👍

[@davids.9834]

So people are going to be able get financing for cars they cant afford.. and this is a good thing? Just like student loans, the price of cars will be based on what the majority of people can borrow. When people start being able to borrow more, prices will go up. This is not a good thing.

[@coreylucas5997]

Whats sad is there are so many vehicles left for family’s and people that could use them daily, without boasting about their lifestyle, who just need simple A to B transportation, if manufacturers had a heart and soul, they would have a much better reputation, doing a give away for free vehicles would be so beneficial and help the economy, also gives a new fresh to open their eyes to see that majority of car buyers need this, let the Rich do them and you can charge whatever want to get out of there surpluses, but the dying middle class and pour can be made to feel special,for once and not taken advantage of, doesn’t mater about government and corporate CEOs, doing this right will help the economy, will give a better balance and a fresh start to learn from errors, no one is perfect but please learn when it gets worse, just Strive to do better

[@robred123s]

You would probably be better off making a second channel for the build videos. That way it has an audience entirely interested in it, and the relatively low views of the build videos on this channel don't negatively affect it's placement in the KZbin algorithm. There's a good chance they'll get better views on a secondary channel as well.

[@LtDanhaslegs]

Why do you think gas prices would go down? Biden has been drilling record amounts of oil already, and I haven’t seen anything about him even saying no to new drilling. What more can Trump do? Also, if tensions with Iran escalate, we could obviously see the worst gas prices of our lifetime. Did I miss something?

[@J_Starr007]

No you didn't, these ppl are just DELUSIONAL!!! Nothing Trump has planned is good for the American middle-class.

[@drdetroitwheels]

Yeah I saw the car at SEMA it looked pretty good

[@fadyehabib1]

Tariffs should only exists for a few years and tell local companies to bring their cost down over the years of the tariff. If they can’t achieve this, well they can go bankrupt.

[@BrianWaller-qe7gr]

The thing that will help big time is no tax on overtime and tips. This will make peoples net income higher which in turn will help banks approve loans. So far on 2024 I’ve made $6k just in overtime. So imagine $6k over 11 months is $500 a month in net income untaxed

[@Tearflavoredcereal]

I don’t work overtime for that reason. Half of it goes into taxes so it’s almost like working straight time. Forget that.

[@B1970TBronze]

Amen Brother!

[@bassw1758]

84 month financing never went away.

[@corsacrew3966]

A quick auto trader search: Nissan Leaf 2025 is $12,000 new Mitsubishi Mirage 2024 is $14,000 new Nissan Frontier Truck 2025 is $15,000 new Nissan Versa 2025 is $15,000 2024 Chevrolet Trax is $16,500 2024 Chevrolet Malibu is $17,000 All of these are brand new car prices right now. So it seems there are affordable options for people already.

[@losangeles.ie91]

Great video but don’t forget that Mexico is ALSO America. North America to be exact. America is a continent not a country. 😂

[@charles-fq2dw]

the 2025 nissan versa manual 5 speed is 18K MSRP

[@AAW129]

People who make $45k per year should think harder if they “need” a $65k new car.

[@johnhinant970]

Mabe making desirable affordable vehicles may help!

[@simonbrunet5605]

Its me or everyone forget that you can get a granpa car in mind condition in the south for less than 5000$.Around early 2000 to 2010 model. That was peoples should by not new cars.

[@hildablanco1591]

Americans need a Sears catalog for ordering classic cars and if China comes into America they will bring the military to protect there interests

[@Ifyouaintfirstyourlast]

Get a motorcycle it's way cheaper and if everyone rode a motorcycle they would have to pay attention more= less accidents

[@streetratgarage]

Buying a brand new car is quite possibly one of the most financially irresponsible things that you can do. If you have to take Allen alone for a brand new car then you can’t afford it. There is nothing wrong with driving a used car. This is why poor people stay poor!

[@Drainclinic]

What happen to the Tesla build

[@bryansnoddy]

If banks are moving to the old lending model, they are dumber than I thought. Our finances are overweight, and just switching to Diet Coke isn't going to cut it. We need a reset. Unfortunately, it will involve some pain.

[@terrellduckworth9160]

I dont think its going to make a difference initially only because dealerships keep charging higher prices. The banks allowing more to buy at this higher price doesnt help us it helps them. Im personally glad they were tightening the belt. Because we needed it. You can blame the administration but the government didnt mark up the vehicles. Our greed and desire to the new deal brought us to this point. If the banks open up that these prices will only make it worse. This is not an administration issue. Its a discipline issue. I will definitely be the 1st to say i was wrong but im pretty sure i wont be. Also, car insurance is out of control. Car payments and insurance are now some of your two biggest expenses. Eating out 4 times a week when these restaurants are charging $20 per person for a mediocre meal. We are blaming the wrong monster.

[@AlexMendoza-ec8sy]

At the end of the day we’re all American 👍

[@ConcertShutterbug]

I think/hope that Musk having a big role will open the door to folks being able to buy directly from Honda or Toyota or whomever -- in S FLA the stealerships are still charging Market Adjustment plus Mandatory Dealer Add-Ons....

[@kyleansley]

While yes, the government can't make you buy electric. But they can make it uncomfortable for you not to. For instance, they can add a non-ev tax to registration/purchase price. But no Trump won't roll that back. His biggest campaign donor won't allow that to happen. If anything it could speed it up.

[@TexasRiverRat31254]

I live in Texas and WTI has been as low as $61/barrel lately, now $70.38/barrel. The unfortunate fact is if oil drops below $50 per the shale oil companies can't make a profit and will stop drilling. That will cause supply to fall and prices will rise accordingly until it reaches the point where they can profit again. The problem is once they shut down it takes months to get people back and equipment ready to drill baby drill. Sorry to piss on your parade! 😂🤣

[@NBWDOUGHBOY]

I dont see this price drop everybody is talking about. I think they will bail out these companies before they drop prices.

[@TheRealTomLauda]

Well... Chinese EVs are cheap for a reason. Those things like to catch fire whenever they damn like, often while sitting doing nothing. They can keep their junk, those things are dangerous.

[@mattlippiatt1273]

They need to bring back a base car no bells or whistles. Today you can't even get a car without alot of add on that don't need.

[@IntelligentAj1]

Or the US manufacturers can just lower their prices or sell cheaper vehicles that people actually want

[@Carmanred]

I just want an affordable car. I don’t need a flat panel screen, leather seats, etc etc the prices of new vehicles are insane. I’m forced to buy used and paying with cash.