New Car Prices Are About to Get a LOT More Expensive, Here's Why

[@tonym6920]

They can’t sell the crap that’s on their lot now, raising prices will probably drive most of them right out of business.

[@garreysellars5525]

Another ploy to make us walk

[@DonHogan-wi2yj]

@@tonym6920 or expedite the bailouts

[@unclefester4626]

​@@garreysellars5525....and eat bugs. They want us doing that too.

[@humbughumbughumbug]

That's the point.

[@vijjreddy]

don't you know - cure for high prices is high prices, and solution for low prices is low prices. ANYWAY LIFE IS GOING TO MORE AND MORE EXPENSIVE AS GOVTS GO BANKRUPT, INTEREST RATES RISE, GOVTS BEING MORE AND MORE AFRAID THE RICH WILL FLEE AND REFUSE TO TAX THEM JUSTLY IN FACT GIVE THEM MORE AND MORE CONCESSIONS...

[@martinbaggott1052]

Nobody can afford them NOW!

[@FlatPlaneCranky]

I wish we would ban all vehicles that have a wifi connection. All this new “ Internet of Things” tech is total BS and used by corporations and governments to get into vehicles. I detest it.

[@ImLivinSD]

If it's just pointless, UnNeeded Tec. Why buy them at all. All it does is raise the price of vehicles.

[@crosslink1493]

Yes, its just to control 'subscription apps' for functions in/on your car. If you need maps & other communications just use your smartphone (or look up your destination at home before leaving).

[@garreysellars5525]

The big infotainment screen that controls everything is much more a distraction than a phone Give me nobs and diles 😅

[@randyp2047]

Yup, onboard surveillance and they're working on ways to "Partner" with you so you get advertisements, too. its coming soon

[@DEEZEEMTB]

Sorry a bit off topic but why does my new microwave oven need Wi-Fi? Crazy

[@rewind1960]

Why should cars need software? For decades cars were analog, reliable, and economical. All this computer junk is just that, junk.

[@crosslink1493]

Its good for engine control functions and problem monitoring as long as its not web-connected, but after that it gets ridiculous. My gripes are the engine stop/start, keyless remote entry (just go back to chipped keys), lane departure warning (it goes off if I change lanes), front impact warning (it goes off in stop-and go traffic). And bring back 5-speed manual transmissions!

[@billmalec]

Three letters....EPA

[@kolejnipolscykrakersi]

Ecology.. or at least they call it that

[@MrBarrystuart]

I agree - analog cars were dependable, affordable, and very reliable over time.

[@YSKWatch]

actually we can have car with electric motor and battery without any fancy electronic things. but somehow new cars are always adding lcd screen, driving assistance, and every other modern perks.

[@no_country_for_real_men]

It's intentional to block the average person from being able to afford transportation and to block those with older vehicles from being able to repair them. Both parties working together to oppress, control and cheat the very people that pay their salary

[@dannydaugherty527]

can I get off the crazy train, this country has given me no hope for its future

[@S2NAZ]

This will absolutely hammer new car prices and motorcycles. How about Phones?

[@mattstarr2674]

Yepp they are already banning CFmoto motorcycles and ATVs from China and other Chinese brands now

[@YSKWatch]

@@S2NAZ apply it to phones and apple will be extinct.

[@timeout1569]

Don't buy new, buy used. New cars are increasingly losing value year by year as soon as you drive off the lot. Not worth the added expense.

[@gearmeister]

I bought a 2021 Colorado earlier this year and according to our gracious host, replacement components will be affected as well

[@richardweyland116]

I got a deal on a 2023 Dodge Challenger. My 2018 is the best car I've ever owned and I plan to drive one of these great muscle cars until I can't drive any more. Cars losing value after driving off the lot is nothing new. EV's is a totally different story. They depreciate faster than they go from 0-60.

[@glennz6686]

@@timeout1569 Okay if more people buy used and less people buy new. Prices of used cars will go through the roof.

[@JIm-w1b]

I drive a 1962 Ford Falcon and do my own work. Some people make fun of me, some people think the old car suits an old man like me, some people think I'm trying to prove something, some people think I'm a welfare case who can't afford a modern car, some people scoff at me because they hate Fords, but I tell you, if you like things that are cheap and simple, then get an old car. You can't go wrong

[@stewarta5993]

so cool my neighbor bought one of the first ones sold in New Hampshire I was 9 yrs old lol

[@grover10011]

Government to Americans; “Hold on to your ankles, we ain’t done yet”

[@OOICU812]

The government will never be done.

[@xcaret-ns3pb]

👍👍

[@franknew9001]

Another reason to keep driving my reliable 2002 Lincoln Town Car that has been my daily driver since 2007.

[@midnight4109]

Wait 'till Lauren gives you her take on gas prices.

[@jayson657]

@@midnight4109 Lincoln Town Cars decent gas milage for being such big cars. Average around 20 mpg, 23-25 mpg highway. Thats alot more than the ridiculous trucks they build today.

[@midnight4109]

@@jayson657 It's all relative. I drove a 4.6L T-Bird for 15 years. I bought it as a heavily rebated left over after Ford discontinued the model, plus $3500 in credit card rebates from a volume dealer.. It was one of the best cars I've ever owned and I sold it to an employee when gas prices topped $3 a gallon. Bought a hybrid which doubled the mileage. Now I drive electric. If you don't drive too many yearly miles, I guess it's still worth it.

[@karoltakisobie6638]

Can we go back to analog cars? Might bring back manual transmission and window cranks while at it.

[@steved0123]

And a little while later, they woke up bankrupt. 86% cannot afford a new car now.

[@foxxster3565]

@@steved0123 that’s the entire point. Look up the WEF paper titled “ 3 circular economy approaches to reduce demand for critical metals” car sharing, electric bikes, public transport for the masses. The elite will be exempt as they will be able to still afford their own vehicles

[@rickreid81]

Unfortunately, in the USA we don't make mutch. We have assembly plants. I own an 05 Dodge 2500. This again would be unfortunate news for me in getting aftermarket parts. I wish we (usa) would truly make (stuff) again

[@seymorefact4333]

we will again once AMERICANS are willing to work for $2/DAY, NO BENEFITS, 70 HRS A WEEK AND PUT CHILDREN TO WORK! ALSO willing to breath smog, drink dirty water!

[@mattstarr2674]

My dad took his 18 Silverado in the Chevy dealer for maintenance they told him his truck is outdated and doesn't have the latest technology 😂 screw their new trucks prices

[@dystopia-usa]

Good luck with price hikes on already overpriced, stupidly tech-bloated new vehicles. You can't squeeze blood from a rock.

[@midnight4109]

It will help the resale value of all cars, including EVs although the situation isn't entirely accurate.

[@xeinex]

Make carburetors great again

[@filippocorti6760]

Wouldn't pass emissions, if I'm not mistaken.

[@yardboy3955]

I doubted prices would go lower. Thanks, most informative and helpful. Glad I saw your video.

[@JustMe-pc2ii]

Give me a break. I'd like to order a '66 Chevy II SS with a small V-8 and four speed manual transmission.

[@markchapmon8670]

I'll need 2 of these little Chevy II Nova SS's, mine with the Turquoise, 4 speed stick and hers the Maroon turbohydramatic (no love lost for a Powerglide). My wife won't drive a stick....just means we vacation in her car and I can enjoy my 327cid, 275hp, 4 speed bundle of goodness!

[@steveelliott742]

There once was a lady, Grace Braeger. She drove the same car for 53 years, we all need to be like Grace.

[@bmw803]

but today's cars wont last that long. too much high tech shit to go wrong

[@ImLivinSD]

My 2000 Tahoe is still running Strong. No wifi tracking either.

[@jeffreyfurtado3681]

Some dude just traded in his 1986 Camry with over 600k miles.

[@cbmech2563]

​@@ImLivinSDsame for my 97 f250hd

[@markst.germain9286]

Hold on to those OBD1 readers gentlemen.

[@wallyg4445]

The idiots are running amok

[@wadereynoldsgm]

Economic terrorism...

[@nobodyspecial9262]

Good, maybe there will be less junk on the new vehicles. I like my 2006 F250 XLT, basic, less junk, reliable.

[@paulbroderick8438]

Bought my Honda Civic Del Sol new in 1993. Please, just keep on rolling!!

[@TheAutomotiveReview]

Lauren thank you for bring this issue to the forefront and notifying the Driving Public of this Government Laws which will impact our wallets.

[@deweydecimal1446]

This better not effect aftermarket control modules.

[@seymorefact4333]

🇺🇸JOBS will come back....IF IF AMERICANS are willing to work for $2/DAY, NO BENEFITS, 80 HRS A WEEK AND PUT CHILDREN TO WORK! plus..every woman need to have 20 babies! TRUMP SAID HE WILL PROVIDE "FREE" IVF! ALSO willing to breath smog, drink dirty water!

[@JohnKendall05]

The key to this is that it will make automobiles too expensive for the average person to own one, thus putting them into the “you will own nothing and be happy” plan

[@DanGilliland-pi4vh]

That could actually be true it's all by design.

[@markst.germain9286]

Made in America is a good thing.

[@林振华-t4v]

😂It is, as we are talking. American make stuff with premium price with garbage quality. And to make matter worse., missing delivery schedule is common thing. Every one now days think they are hero and say making anything is easy. But once they get their hand dirty, they realize they bite off more than they can chew. And finally realize they are just Zero.

[@bayboybob]

If they go up much more, I will be done with them all. My last new car will be my 2023 Edge, which already cost $57,000 for a four-cylinder with an overly large tablet in the middle of the dash. I guess that's all the technology we are paying for. I bought the same-size tablet for $200.

[@sP-zd4jx]

They are already expensive !!

[@keith6371]

A Toyota Camry hybrid is less than 20k in China, 37k usd in US, just think on that

[@filippocorti6760]

I know in the past there was the so-called "grey market" I don't know if it still exists.

[@crosslink1493]

I wonder how deep this would go. China makes a lot of the semiconductors/'chips' that go on the circuit boards contained within the modules that are used in cars all over the world. Memory chips would be a problem, PROMs if they were programmed in China, and some of the older CPUs made in China. Would it be certain 'chips' or an entire assembly with those 'chips'.

[@lukewalker1051]

Not sure where you got your degree in economics from. America doesn't have much choice competing with slave labor unless America wants to be a slave labor work force as well. People right now in America 'because of wealth', drive heavy, gas guzzling SUV's. Why? because they can afford to recognizing that many Americans aren't too smart and choose to live in debt with the appearance of wealth. That will change. But, what you don't point out is, letting China sell small cost efficient EV's in America for say $18-22K per vehicle...this would bankrupt American auto companies. Why? Because America can't compete with these vehicles sold in mass in China based upon Chinese labor costs. Not having an auto industry in America would bankrupt a large swath of America and would likely push us into a depression which is also why the auto industry was bailed out before. Trust me when I say as a Trump supporter, the smartest MIT economics grads advising Biden are making the right decision. In fact, one of the few good decisions the Biden administration has made. In summary, America needs to make more of their own products which is a wartime strategy as well and needs to commute in more cost effective compact cars with small displacement engines rather than Hellcats and TRX's. Making our own products and employing Americans to that end is a good thing not bad. Americans will need to adjust their lifestyle perhaps a bit but at the end of the day more employment in America is a good thing, not bad.

[@fortheloveofnoise]

thank you, you get it

[@filippocorti6760]

Any idea how much Chinese workers get paid making these parts? I guess there's both slave labor from their prisons and regular labor by regular employees.

[@林振华-t4v]

​​@@filippocorti6760a apprentice CNC operator will get paid 1k a month up in a small bussiness in a village. May get better paid in bigger town. I visit a supplier in April, they are just a small famility bussiness running honing bussiness. Their shop floor is crap, more or less a shed. But they put 10 or so CNC honning machine can do Parts from a meter to 15 meters. That cheapy cheapy supplier can produce hydralic cylinder with better quality than North America shop but 1/3 of the price plus able to ramp up from couple hundred unit a month to over a thoundsands a months in couple weeks time. How can shop here to compete? There is no secret here, CNC machines in China are getting cheap. You paid 40k for a cnc hone that can hone a 12 meter long work piece. How much a Rottler is goona cost? Sure, you may only get 5 years out of the Chinese cnc hone when you running flat out. But by then, you are replacing it with something better. Most machine shop here in North America even in aero space are running a fleet of cnc that over 10 years old because new machines are expensive as fxxk. So, right of the bat, the shop here is using inferior tool. Which hard to compensate and even harder to be competetive

[@Aaron50412]

Looks like new car sales will plummet to the point where only the top 5% of income earners will buy them. Oh well, my car is 14 years old and I'll be driving it until it disintegrates.

[@Xibao88890]

It’s very possible as most of software is developed outside of China. Much of automotive systems are still made by US or Japanese companies. I suspect US companies making parts in China will likely receive licenses to import components from China. It’s important to understand that Chinese communist dictatorship does control Chinese companies and can collect sensitive information on people with some of systems. For example military or U.S. government employees or even contractors could be tracked to where they work. Using AI could gather all sorts of intelligence on USA. There are plenty of automotive systems companies making automotive control computers outside of China. It’s only more sophisticated systems that are controlled. Think you should do more research before declaring this unworkable. Plenty of supply chains for these components outside of China in Vietnam, Korea, Taiwan, Thailand, Singapore and even U.S. and Europe. No real cost impact.

[@garytorresani8846]

I have a 2000 Ford Ranger extended cab that is well maintained, and aside from regular maintenance, it’s never broken down. I’m keeping it. Also have a 2019 Honda Fit as a commuter vehicle, 95000 miles and no problems. I’m keeping it, as well.

[@dog_guy-c8x]

Sure they can go back to points distributer rotor simple carb I would love it if they did that at least I could work on my own car instead of paying a machinic or shop 150 bucks per hour.

[@BillLaBrie]

They’ve got only 5 years to make them totally unaffordable for most people.

[@markst.germain9286]

I will never drive a "connected vehicle".

[@ryanhori6954]

Ty for always keeping us aware of what is going on. This law should be cancelled.

[@1whoQuestions]

Thanks for the clarification on the deeper regulations beyond the headline.

[@patriot9455]

I listened to your video, and my question is, will the end result be as linear as it seems from this view. Has ANY government rule, or regulation ever remained enforced as written??

[@kellyblack4897]

I’m normally with you. But I don’t really agree. Even if cars would be built here parts come from China, Taiwan, etc. as a mechanic I can tell you 7 out of every 6 parts these days are bad. I can’t give you enough examples of how bad it’s gotten. Something has to be done to force on shoring manufacturing. Even if it means collapsing the already debilitated market. It’s gonna have to fall apart to come together.

[@filippocorti6760]

They can build parts of good or excellent quality in China. Its just that American manufacturers want things from China for dirt cheap.

[@billmalec]

2019 Jetta S. Brand new was $17,000. Best buy ever. 66,000 miles and zero problems. Hopefully that will continue for many years. May try to find an older VW or BMW with carb or fuel injection and nothing much else.

[@billtinnell2206]

Can't stand all these new plastic, ugly, uncomfortable and super expensive vehicles. Just put a few thousand bucks in repairs to my incredible 2010 Ford Ranger and I'm set for another 5 years.

[@dog_guy-c8x]

Everyone talks about plastic in there trucks hell get used to it the last truck I had with an all metal dash was 1972 .And even then they truck had vinal seats in it. Plastic isnt going away so get used to it, its far too versatile.

[@alexjames6805]

Technology is literally ruining everything!

[@tuffytoys9707]

! Correction: The USA Government is Literally Ruining Everything Worldwide!

[@kenyongillespie8652]

I understand pricing going up but it is hard to go buy your kids,grandkids Christmas without everything you buy comes from China.I installed in a friend’s house 10 different ceiling fans and 9 different plumbing fixtures and everyone of them came from China. We have to do something to protect the few American manufacturing jobs we have left.

[@neiljohnson6815]

Car sales are about to take a nose dive.

[@DanGilliland-pi4vh]

I think they already are nosediving and has a long way to go downwards. The market is totally disconnected the reality of the average person.

[@michaelfesta543]

I wonder how many vehicles would be recalled then. I wonder if build quality goes back up and these vehicles become safer

[@humbughumbughumbug]

Ugh. I'm waiting for Aptera to release their early vehicle, but it uses a Tianjin-designed Vitesco motor! Vitesco is German, but they contracted out to Tianjin China for the design and manufacturing of the all-in-one e-Axel that Aptera will be using in their early models.

[@patriot9455]

On older vehicles, the aftermarket is salivation at the thought new customers. Will the aftermarket suppliers be bound by the same restriction, who knows?

[@onthebuses]

Scotland Sharing 🥃📡🥃

[@mattstarr2674]

On top of the 2026 alcohol sensor mandatory in all cars aka car kill switch

[@thomastjg53]

Ya I’ve heard that , what bull sh,,t. We have to pay for something like that just cause there’s dumb people like that out here. Just like the , dumb people that can’t remember that they have a baby, or kid in the back seat !

[@Aliens_Gonna_Get_Ya]

Luv my 20 year old MX5 & Wrangler… 👍😊

[@kms250]

This would affect Lincoln with the Nautilus and Buick with the Envision.

[@jamesocker5235]

Yep Envision is a chinese Buick

[@DS-wo8wr]

No big deal… both aren’t sellers in any real numbers from brands that somehow survive even though their demographic is passing away.

[@bm9074]

Thanks!

[@CarCoachReports]

Thank you 😊

[@thebionicbassplayer]

I'm all for having manufacturing and software creation provide more jobs for the U.S. economy. However, made in the USA, is becoming synonymous with double or quadruple the cost of foreign made.

[@Satjr35031]

The prices will remain flat until interest rates come down significantly

[@johnkessler9878]

Back in the day Japanese imports were the problem. So we attached big tariffs. To avoid those tariffs the Japanese built plants here and partnered with US car companies. The GM Prizm was built in the same US plant as the Toyota Corolla. Just rebadged. We should be doing the same with Chinese auto companies. And share technology. That huge plant in Mexico will allow Chinese autos to dominate South America. Not a damn thing we can do about it. All companies need to partner up. Chinese farm equipment is now all over the global south, at less than half the price of US equipment. The Chinese are now building airliners. Boeing is history. Wake up, and partner up. That’s how you save US manufacturing.

[@Ohnjay288]

New cars have always lost value once driven off the lot.

[@hphillips7425]

If china was giving 10% to the big guy it wouldn’t be a problem

[@lalutte65]

Import Chinese vehicles and make major brands become more competitively priced

[@markst.germain9286]

My 95 F-150 will not be impacted by this.

[@林振华-t4v]

Think again. Your replacement part may get more expensive or you dont have replacement part at all.

[@KA9DSL]

There goes the car market, people will be hanging on to there old cars much longer. I wouldn't mind owning a Chinese car.

[@patriot9455]

That would apply only to newly manufactured non commercial vehicles, or, would it apply to commercial vehicles, say interstate busses, commercial call delivery vehicles in the 7 to 9 weight class (OTR and regional designed range) and any commercial type vehicle chassis, like the ones that EMT vehicles are made on. Would that restriction apply to towed vehicles in a commercial weight class, like refrigerated trailers, specialty trailers, for instance. If it applies to CMV's, it could help manufacturing in allied nations, or possibly help revitalize the industries in the United States. Will it even come to pass, or will the bureaucratric paperwork doom it before it can be enacted

[@yarrik701]

It's doable, disband the EPA and their vehicle pollution regulations, go back to the old mechanically controlled engine designs that don't need a computer to run. They'll be less efficient and require some maintenance, but doable.

[@Pironi28]

I am pretty sure the Car Manufacturers would simply withdraw from the US market !

[@ronsteitz4535]

Prices are just Suggested Retail Price. No one is forced to buy any new car of any brand.🤔

[@bayboybob]

Lately you can add $10,000 to the MSRP time you get out the door, some of it being taxes of course.

[@Jasonjibby]

Start walking.

[@raiden031]

Cars wont go up a lot simply because banks will not lend

[@davidbell4986]

Couldn't care less if cars go up. The market will decide.

[@fumedrummer]

Is this really all about computer chips?

[@robertholmes7912]

Politicians screwing us AGAIN!!!!!

[@ChopperChad]

You don't get it man. Read the news. China is not a friend to the West.

[@howebrad4601]

Unfortunately this move is needed. Result is simple. Companies need to quit putting chinese crap in cars. Buy and or produce us made parts, etc. There are companies in places other than china that can make things

[@chriso5842]

Electric car prices should decrease over the next decade as batteries get less expensive

[@filippocorti6760]

One of the Buick models is made in China.

[@dancerjim]

Prices are going to be more expensive? You don’t buy the price, you buy the car. I think you mean prices are going to be higher, or prices are going up, but not what you said.

[@martinbaggott1052]

‘You vill all ride zee bus!!

[@randyp2047]

PS car companies are simply going to have to figure out how to accompish getting their useless gadgets into cars without the use of Chinese labor. Fine with me. Modern tech is shyte anyhow.

[@drift6785]

Gm literally HQ is in China. Its more Chinese then it is american now. You don't see them stop going for sale here in the U.S. gosh everything getting so greedy and stupid nowadays. Everyone is so sensitive, but let's face facts WE NEED OTHER COUNTRIES TO HELP RUN OURS THAT INCLUDES CHINA. We all have something at home made from all different countries including china...

[@richsidman8548]

Prices will come down, especially if they aren't selling. Trump will relax CAFE standards and EV mandates. Right now those high ICE vehicles are high to subsidize the EV losses.

[@DarrenKeenan-y3t]

Americans happy to buy iphones....made in China since 2003...let BYD and other Chinese evs in and American will buy...half the price of legacy manufacturers!

[@3089280288]

Why not just cut all ties to China for everything? Does this include motorcycles?

[@heresteven]

We would lose a lot of our medications and the components to make them.

[@stormy317]

Time to go back to horse and buggy.You can't screw with that

[@DavidWalsh-g5i]

It’s possible that the software could bring these cars to a sudden stop anywhere anytime. The CCP own these companies that make the software.

[@filippocorti6760]

I wonder if it can be disconnected if that is true.

[@182QKFTW]

Taiwan? Can they just manufacture there? Everyone pretends Taiwan is better, & is not really China

[@kenwilliams4086]

Easy solution, make cars autonomous.

[@renegadeflyer2]

The price of car and everything we buy has more to do with, how much consumers are willing pay and can pay for a car. And yes the cost of building and selling, extra. Will be the bas price. There big very expensive vehicles on the road because we have sexy idiots that think they look like millionaires.

[@thelonewolf666]

no one will buy them and the price will drop

[@JENNIFERGOTTI]

This seems like a slap by the Harris-Obama Administration to clip Elon's wings. It won't hurt him. He is way more adept and resourceful than most of our government. This however is a great plan and the United States and Canada should be making all the chips on home soil without foreign influence. What about Suburu? Jenny

[@filippocorti6760]

Related to the famous guy? I had an acquaintance who baby-sat his niece.

[@summerreign044]

Chinese cars are cheaper than US cars, and they are beautiful.

[@MrChriss000]

They could make cheaper cars in months. Make it a bit smaller, Leave out all, the pc tech, 2-2.5 L strait 4, 5 speed manual, job done. Suitable designs exist already, the auto mnnfctrrs just dont want to make cheaper cars.

[@Pares7594]

Government is worried about what israel had done with the pagers.

[@graphguy]

someone doesn't understand economics 101. Prices are solely determined by demand.

[@lorimcquinn3966]

Not radical or political, nor a nightmare, it's all about National Security. If you go back in time, fully understand your history and spend some time in China, it will all make sense. It's about time.

[@obrianmcc]

We're admist of the next cold war .... and it's getting complicated.

[@lot2196]

Trump 2024!!!!

[@fortheloveofnoise]

na, i support this

[@tellucas]

What is China's policy on US cars in their country. Last i heard, they were starting to give Tesla a hard time once their home brands became established.