The Bottom Is Falling Out In The Car Market!

[@elchaconaso]

$540 a month plus insurance for a 2024 corolla le with a 740 credit score is ridiculous.ill pass.

[@redhed9776]

everyone's insurance is going up making a new purchase a decision worthy of MUCH thought. The vehicle itself is overpriced IMO.

[@kognitiondesign]

I remember when a new honda was only $150 a month! Jeebus

[@tim0877]

I'll just keep driving my 20-year-old Corolla

[@Tricolor40004]

I had some tell me with a 720+ credit score mines wasn’t that good. Got a quote for a 11% interest rate on a used car. I’ve never missed a single payment in history that’s bogus.

[@fkoffytb]

@@redhed9776 Insurance is not the problem 🤣

[@natureboy1313]

My 2012 Camry with 146,000 has bern a great car. Had to replace the altenator @ 100,000 but that is it. It was $21,000 new. Gonna keep it another 10 yrs. They can keep this new junk.

[@drjcw]

Have the same model with the same mileage: love it.

[@Whereismyname34]

I have a 2012 with 252,000 miles. Going to drive it until the wheels fall off.

[@billlawrence123]

My 2008 Manual transmission focus has had no major issues. It’s got another 10 years too. Back before turbo headaches arrived.

[@RodneyDangerfeld]

I have a 2001 Camry v6 with 175k. I replaced the timing belt, water pump, spark plugs, fuel filter, tranny fluid/filter, brake rotors and pads. New rear shocks. I did all the work besides timing belt and water pump. All regular maintenance and the car has never stranded me.

[@nossjsjajsjs2957]

Shoo try a 02 03 camry brand new cars evn at 300k basically. these old cars value finna rise so much theyre almost costing as much as the 2010s junk with 100k

[@KA9DSL]

Brandon, if you think really hard. The dealers started all this S*t with there market markups. You can screw some people but not all of the time. Blame the CEO's for letting it get out of control.

[@jermo4099]

They don’t care they treating cars like water

[@jonsaircond8520]

Eh the lenders have just as much blame. Dealers asked leaders said why the heck not and the clown drove off the lot. All us sain people looking in shaking our heads

[@TorqueKMA]

And if you think a little harder, it all started with the government handing out free money which covered the down payment of a new vehicle.

[@pistolpete5325]

If you really think hard, you’ll realize it’s basic economics….supply and demand. A bank won’t lend more than they think someone is able to reasonably afford to pay the loan back based on the terms. SMH all these people who think they know what they’re talking about. We are in a correction phase. It happens

[@z135210]

CEOs have nothing to do with dealership markups.

[@robertawiese]

To the people who bought all the broncos with a $10’000 markup… enjoy your bronco😂😂😂

[@bruceposch1449]

that bronco painted like a bar code is so purty.

[@RealEstateClub-]

What if I paid a $15,000 markup, do I have your permission to enjoy it? 🤣 Just teasing you, I've never owned a Bronco. I got $5K off a Jeep during the pandemic. If I had waited until now, I could probably get $10K off for the right model. But that'd be 10K off an inflated price.

[@dannylewandowski2822]

And blown 2.7 engine lol

[@dancahill9585]

You can only raise prices so much before customers rebel. At current prices, fixing your existing car is almost always the right call.

[@davidkuhlman8004]

I would add : You can only raise prices before the Banks stop lending money.

[@xjp1998]

The problem is still car prices are way to high, and a lot of cars are not worth it to buy do to all of the recalls. The car makers have lost sight of who their primary customers are and people are struggling. Many who have 10 or 12 year old cars are taking them to get fixed instead of looking at a new one.

[@sugarskulllyfe5890]

yes i told someone, cars went from extremely overpriced, to overpriced..... still unaffordable no good deals to feel proud of.

[@olanderdecastro52]

After several years of this nonsense, we are still back to the same solution. Lower the cost sufficiently enough to sell those vehicles off. At this point, car, dealers and manufacturers are going to have a choice. The choice is going to be made for them.

[@orbitalair2103]

Aww plenty of rich people, the guy next door to me trades in his lease every 12 months, last one he had only 6 months.

[@OGJeff685]

I've got a 22 ridgeline lease.. dealers have already confirmed there isn't even a CHANCE of leasing ANYTHING at the same price I'm currently paying.. (got it in 21, dealer gave me a smokin price to get my 19 accord from me) - if the market doesn't "crash" I'll just be buying it out.

[@domini384]

@@orbitalair2103Just because you have a lease doesn't mean you are rich

[@steveb9525]

My used Ram was $2500 with rebuilt motor and tranny, new brakes, tailights and headlights. New 6" x 9" oval Kenwood speakers for the front doors. Body and under carriage in good shape. Tires look pretty good. Just need to fix wipers and AC and blower. I am blessed to have wheels after not driving for a while. Funny how satisfied needs to motivate. When we lose something we took for granted, then our eyes are opened

[@robertchristie9434]

I hear you. There you go & parts are a lot cheaper than a $900 per month payment plus insanely high insurance. Stay safe on the road, a lot of cuckoos out there.

[@plica06]

"Funny how satisfied needs to motivate." What does that sentence mean?

[@harryireland1935]

Good. Because greed needs to be punished until it's eradicated. The way these corporations, dealerships and stores behaved must not be forgotten.

[@janvincent497]

It's not greed when you make no money and go out of bussines. I could try sell my used truck for a million dollars. That wouldn't be "greedy"

[@ericalb5295]

Greed and misguided priorities got then here.​@janvincent497

[@Mistro07]

“Greed needs to be punished”..tell me you don’t understand economics without telling me..blame all of this on the banks and the federal reserve..giving loans to people that should never have them and printing money in the trillions..

[@rohitnijhawan5281]

have you seen the price of food, auto insurance, burgers? your dollar just ain't worth that much. don't blame the dealers my friend

[@MichaelHendrie-e7t]

@@Mistro07When good folks wake up and understand what the Fed is doing to us, we will become free.

[@JA-zh5xi]

Mavericks should be $20-$30k tops. Ford is insane.

[@johnshaddick6858]

It's just not Ford, it is all manufactures.

[@Gabe-kv2zs]

They look ok, but are basically circa 2005 Kia quality. 🥴

[@mi-da2920]

That was kind of the point of the Maverick. The Maverick was supposed to be a basic, affordable mini truck.

[@TOMMYBMOORE-bc5vu]

I owned a 1972 Maverick and it was a great car 🤔

[@richardguyer3383]

Maverick quality hasn't gotten better, was looking at a lariat but 1 big drawback as I live in the northeast, the area in front of the windshield and behind the hood has a cavity 12," deep. I'm not spending half a year digging out wet leaves and then ice and snow!!! It will plug the vent off if left in. What a moronic stupid design.

[@vap0rland]

You should do a show about water damaged salvage vehicles.

[@meglukes]

Just in time for the end of Hurricane season 🌀

[@woodlandwonders6887]

I wish I still had my 99 Sonoma. 2 door, 2wd, 5 speed, 4 cylinder. It lasted 15 years & 350k miles until it rusted out. No frills but very reliable and inexpensive.

[@markfaige9687]

I drive a 97 Oldsmobile and I love it, runs great.

[@michaelquinlan2121]

Federal regulations have made it impossible to profitably build sedans. By design. '15 Minute Cities' is not a joke.

[@Ryan-093]

i love not needing to own a car to get around. btw, regulations are made by the corporations. they pay off politicians with "donations" who pass what they tell them to.

[@fultonjackwaterloo4085]

That is bullshit. Americans are too stupid to want sedans

[@dvuemedia]

Prices have increased at least by 30% since 2019. Way above inflation. I think what happened is this: the car manufacturers saw how much the dealers were ripping off customers so they wanted on the action. They forgot that this was a temporary thing. I remember that Ford Maverick was supposed to be $20k truck, now its's $30k minimum.

[@Richie-Rich855]

Was at my local Ford dealership yesterday.... 200+, 2024 F150s, not one with the 5.0 V8. Truck buyers, including ME, want the V8, not the tiny engines with twin turbos. They are at least advertising $10k to $15k off msrp.

[@MX-CO]

They need to be way under MSRP and to be honest I still wouldn't buy, not even at $10,000 under MSRP

[@mackelby1]

Or 20000. Not a crisis yet.

[@NrthrnKnght]

I will never buy a 80,000 truck even if I hit a 350 million lotto....never...thats just throwing money down a rat hole

[@sjay149]

Dealers are weathering out the lull in business. Manufacturers are raising MSRPs. I’m sure someone has the money to be in today’s car market, but I don’t think cars are more reliable than they were ten years ago. Now is when garages specializing in 20 year old Hondas and Toyotas will flourish.

[@kjay5056]

The problem now is car manufacturers (Ford) are now raising prices slightly, but taking content out that you have to option to get back on. Look at the 2025 F150's and you will see they took content out of the FX package and XLT 300 pkg and you get an up charge to get what you got included on 2024 models. Ford deserves everything they get. Trying to make up money on their EV debacle.

[@Goldwinger74]

I don’t think they get it, most consumers can only afford $35-40K when it comes to affordability and that’s stretching it to be honest. The entire auto industry is going to have to collapse to the ground before these prices are going to come down to where they’re supposed to be. They can slash these prices in half and people still won’t be able to afford them.

[@blackdiamond306]

I don't even think most customers can forward that they just buy it because there's no option.

[@Almighty_cornholio]

I really wouldn’t want to spend more that $25,000 on a car

[@blackdiamond306]

@@Almighty_cornholio it would be smarter to purchase a 2-year-old vehicle the prices are inflated. 20,000 will fall off soon as you ride it off the lot. 🌄🦍☮️

[@Almighty_cornholio]

@@blackdiamond306 at least at $25,000 I could get it paid off faster and enjoy it longer

[@MauriceDeClerk]

@@blackdiamond306 You would buy used though, like from this guy's lot. Buying a car for 40k+ is too much considering our income has not increased yet.

[@Ungovernable74]

Remember the "prediction" by Klaus from the WEF about 80% of Americans won't own a car by 2030? This is one of the ways they aim to make that happen.

[@CrockbackColumbo]

You will own nothing and be happy

[@Ungovernable74]

@@CrockbackColumbo I think they were kidding about the happy part.

[@BartmanMi]

Yawn. Conspiracy Central.

[@Ungovernable74]

Time for your booster. The adults that aren't graphine laden zombies are trying to have an adult conversation. Please move along.

[@BartmanMi]

​@@Ungovernable74 🥱🥱 🥱

[@trestafford2146]

The bottom of our economy will fall out cause the country is in the most credit card debt we’ve ever been in. These cars are gonna be half the price in about a year

[@ksl6389]

im not gona hold my breath

[@crand20033]

Only the repo men are getting rich off these over-priced cars.

[@criticalthinker7822]

Im rubbing my hands and licking my lips like the meme Lol

[@Evilnessme]

This is what happens when you fail to listen to your customers. You raise prices to a disgusting level. And you completely cut off the sedan models. And you wonder why nobody is buying? My God, this is so frustrating.

[@billmoretz8718]

When companies finally figure it out will buyers be loyal to any brand? Many vehicles have poorer quality and more bells and whistles than those 10 years.

[@whetwilly1]

So…the inventory of “decent” used cars is dwindling and leaving buyers no other option than to look at new cars. When the buyer arrives at the lot they are only offered vehicles that are of middling quality and prices that are outrageous…car makers are well aware of the state of the car market. That is why they refuse to offer rebates or incentives. They have positioned themselves to take advantage of the situation. Cheaper alternative transportation options do exist, but they are prohibited from entering the country because of exorbitant tariffs and regulation. Prices will not come down in any meaningful way. Banks will be glad to finance your loan for 96 months and rake in that sweet interest. Insurance companies will also gladly take your full coverage insurance payments for the length of the loan. Car sales may be slowing but they are still moving. The consumer has accepted their fate and are shopping accordingly…the extremely poor are simply out of luck. As Marie Antoinette said: “Let them eat Uber…”

[@E.S.86]

Japanese cars will take more and more market share.

[@joewagner7564]

So are the prices going to fall out of bed some time soon?

[@whetwilly1]

@@joewagner7564 Doubtful. A few token incentives or loan promotions, but car makers know buyers have few other options for transportation…

[@billyliu6811]

I hate Honda dealerships right now. I went to two and they asked for 33K FOR A CIVIC. While the corolla was 23K Out the door. There's something wrong with Honda's greed. This was 8 months ago*

[@-DC-]

Honda here in Europe is absolutely nowhere ludicrous pricing and less reliability than previously, They are a bit player at best here.

[@MiteshDamania]

get the toyota

[@allyjack8437]

Go with the Toyota..better transmissions...imo..don't like the cvt ,junk.

[@agoogleuser7834]

@@allyjack8437go watch some of the videos in people’s nightmares with their Toyotas. Just saw a girl who purchased a 2024 Highlander and is already on her 2nd transmission. She is currently stranded on vacation in another state, and Toyota will not even give her a rental and is refusing to pay for the second transmission. According to peoples comments a ton of people are having issues. Even the Corollas

[@speeddemon0712]

I work in the service dept at a Honda dealership and we have Civics in the mid to upper 20's.

[@markmccoy4579]

If your car payment is more than your mortgage payment, ‘Houston we have a problem’

[@jasonmurdoch9936]

Please we have more problems than we could even handle down here please take it to another city

[@ylauj3523]

Cause people are now living in their cars

[@johnshaddick6858]

Most of these new cars and trucks, you can put down a very good down payment on a house, that will probably go up in value, unlike cars and trucks. They will lose valuve, especially when you drive them off the lot. You lose about 20% right of the bat.

[@wPTwixtor]

Are you comparing a 2024 Mortgage to a 2024 Car Payment or a 1998 Mortgage to a 2024 Car Payment?

[@jeffreylinde4381]

@@wPTwixtorsince far more people have a pre-Biden mortgage than 2024 car payments, what do you think?

[@vahidvahidnia1643]

Every time is better than the last. You’re on a roll!

[@rnarval]

All I want is a car, don't need a lot of crap add-ons , I don't need or want, just a car to go from here to there. They can keep them, buy used and let them go broke!

[@orbitalair2103]

Crap "add-ons" are gov mandated 'features'. Remove those regulations, most are from the EU or CA, we are not the EU. theres absolutely no need for Auto Shut off.

[@ouethojlkjn]

You don't think auto manufacturers actually care about what you their hapless customer actually wants?!

[@ScanFan_Ed]

I love the comment of “this thing celebrated a birthday on this lot!” 😂😂

[@dannycalley7777]

SFE ...........it was a 2023 ........25s out , it's in the terrible 2s .

[@leos3003]

@@dannycalley7777 : + 2 years of interest, soon to be 3. That will soon be worth more then the car. Let it rot. The bank will take it soon and dump it for what it can get.

[@JsliceQB1026]

It would be a different story if you were the owner of the dealership😂

[@WTF-sh4is]

Everything is so overpriced! The bottom still hasn’t fallen out since prices haven’t come down substantially. Inventory just keeps EXPLODING!!! Love watching the meltdown in the automotive market 🎉

[@garymacmillan]

We are going to start looking like Cuba if these manufacturers don't give up on the extraordinary greed of the last few years.

[@LorddVader]

54k for a honda pilot. Who is that stupid to waste that money on a car. And for a honda lol.

[@mackelby1]

​@@garymacmillanused car prices are going to go up. Parts are going to get expensive, if you can get them.

[@garymacmillan]

@@mackelby1 Absolutely. All in all a terrible situation.

[@MindBodySoulOk]

I'm not paying over 25k for a new car

[@lot2196]

The stock market just broke another record. The manufacturers believe they can survive catering to the top percentage of wage earners. Why build cheap vehicles that cost them millions in recalls and warranty repairs. Less vehicles at outrageous prices got them record profits. They will not go back. They will cut factories and dealerships as needed. Less employees = less cost.

[@canamrider07]

Stock market money is not buying cars, did you watch the video?

[@OGJeff685]

@@canamrider07 They aren't buying FORD, Honda and Chevy.. that's for sure! Jeep Dodge still thinks they can charge lexus/benz/bmw prices for their junk..

[@ralphholiman7401]

My wife and I have a lot of money in the stock market. We're not going to pull it out to buy an overpriced car or truck that will be worth 50 per cent less in five years.

[@davidkuhlman8004]

All it would take is One car company to seize the market on small cars/trucks . Door is open.

[@j887276]

Ford Maverick felt like a deal when it 1st came out with base model around 19k but I couldn't find a base anywhere. Which gave me time to realize just 10 years ago 19k could get you a new F150. Price gouging is nuts & at this rate I'll never buy new again. Not to mention insurance rates- even if I pay cash for it, insurance is easily a couple thousand a year. Meanwhile insurance on my 2009 is $96 a year.

[@TheZeek011]

I'd like to trade up and buy a civic sedan. My honda Fit is paid off, but I just don't want car payments they're so annoying.

[@MrCountrycuz]

Keep the Fit Stay legit!

[@drbcrb]

Keep making that car payment to yourself and before long you will be paying cash.

[@martenvanharen2950]

thanks for your update bud, please keep us posted also after the tax month sales opportunity. stay safe and hope you will sell them all, change the buying contracts to the suplliers make them flexible also

[@edg8535]

These dealers could drop the MSRP 50%, and I still would haggle with them.

[@mattbauer1234]

When I bought my Ford Maverick, it was an FX four lariat with tow package and everything besides the sunroof. That was $36,000.

[@jgknudtson]

You're a good well-articulated businessman - I'd buy a car from you!

[@JohnWalsh2019]

I called it, I said you wouldn't make as much this year and you confirmed it.

[@tombob671]

Notice to all OEMs ... Go back to the basics build quality products that the customers want at a price they can afford. Service what you build. Drop the duplicity deal without deceit. Do this or fail, Joe Customer hates your sorry carcass as it stands now.

[@stability703]

Drop all the digitized bs and infinite sensors, we need cars we can work on ourselves… when you have to take most vehicles to a dealership to reset sensors on a replaced battery! Its gone too far

[@joechughtai3155]

Maybe they haven't figured out that there is this thing called the internet.... where we can share how they are screwing us, and we're not gonna take it anymore.

[@AlahuSnackbar]

I would rather no screens in exchange for decent speakers. Ditch the dam paddle shifters. Basic rims. I don't need the buggy collision warning nonsense. I want zero prompts, warnings, lights or anything else.

[@davidaponte7521]

My family was desperate for a car, we had to buy. We decided to get a 2024 Nissan kicks because it had 8000 miles but still had the 36 thousand miles bumper to bumper guarantee plus a 100 thousand miles power train guarantee. Our monthly payment is below 400 dollars. I wanted a better car but so far the Nissan is doing well. With the Versa and Kicks Nissan made the right decision.

[@brentbackman2911]

This is one of the reasons why I chose to live in the Philippines. My house costs $115,000. My Suzuki Kei van was $3,700. My Isuzu Elf crew cab was $7,300. Both used and maintained well. So, for $126K all in, I am debt free and enjoying my retirement. Why kill myself?

[@johnsanford3596]

KEY POINT :: Retired. What are the wages in the Philippines? You're living on First World savings in a 3rd World economy.

[@allyjack8437]

​@@johnsanford3596last I checked the ave. Annual income was close to $4k a year. That was before covid, cost of living there has gone up but the working poor,if they can find a job make app.2k to 2.5k PHP a week...about $50 US. With 10k Php a week about $200...you are firmly upper middleclass in most places except the big cities. Hope this data helps. I send about $600 a month which feed an extended family if about 20 people and pays for one persons college tuition of about $90 per month.

[@brentbackman2911]

@@johnsanford3596 Key point: retired is a fixed amount of money. If I tried to "retire" in the west, I would most definitely be homeless. I can afford to retire here, not there. For all of what I have here, those idiots would only "allow" me to buy one truck. Good luck with the "happy" meals..........

[@moonknight2865]

Yeah but you live in the Philippines. 😂😂😂😂 I have a filipino girlfriend and know her filipino family. They love their country for what its worth but they also understand its a fucking hellhole right now. Thats why they live here in the US. Yes it is cheaper to retire but its not anywhere near the quality of life like it is to live in the US. These arguments never work because they inherently lose. All you’re doing is admitting its easier to live in a shit country than it is to live in a good one.

[@bapakbob3897]

Enjoy the third world free of US income tax payments! (as long as you don't run to the US Embassy/Consulate when the bottom drops out and chaos reigns: making demands to the US tax-payer-funded consulate officer "I am an AMERICAN, I demand you EVACUATE ME OUT OF HERE at USG taxpayer expense, NOW!") Lived overseas for 30 years, paid US income tax every year, evacuated twice, and viewed as a walking ATM machine by the locals.. God Bless America!

[@brianwashere7966]

I'll tell you what happened.... the effects of ldiotnomics has reached terminal velocity. People are broke.

[@JohnWalsh2019]

Facts!!

[@thebigdrt]

100%

[@michaelcasella4774]

Everyone is tired of garbage that you can’t fix that cost as much as a Ferrari

[@TheGippy30]

You’ve brought your own problems, by being so honest on KZbin, enabling your own customers to know how they can negotiate your prices down

[@Aligntechngamer]

its more than car market. The whole bubble is stretched to a breaking point. It either needs to deflate or its going to burst.

[@ericelander9936]

It's going to burst

[@Gabe-kv2zs]

Boomer Monopoly money all around us (absurd fake ass 'home equity')....its absurd. The pyramid scheme is about to disintegrate.

[@GB-bx9ls]

I believe these dealerships are struggling to sell cars is the lack of negotiation they had on the cars price tag with dealership markups. I remember calling multiple dealers and they would laugh when I would say I only want to pay msrp. When we were looking for cars back then ( around Covid time ) and the prices were non negotiable and we had to pay for add ons as well we stopped being in the market and decided to never do business with those dealerships again. I’d rather drive hours away or even ship a car that was being sold with MSRP and good customer service.

[@Honest_Joker_PH]

Get rid of useless options like temperature controlled seats and steering wheel, adaptive cruise and windshield wipers, etc. It increases sale price AND maintenance.

[@dvader3263]

It may never rain where you live, but all vehicles in the last 100 years have had windshield wipers.

[@stability703]

Infinite sensors on everything too, you cant even replace a battery on most vehicles these days without having to go to a dealership to “reprogram” the new one!

[@domini384]

Most cars these are on higher trim levels or standard on luxery anyway....you dont have to get that

[@nickwinn]

I would like to see less crumple zones, more steel, zero telematics, and no infotainment screens.

[@WTF-sh4is]

12:31 people have no more money……they burned through their cash long ago, maxed out all available debt sources, now they are just living on a prayer 🙏🏻

[@1_800_iFarted]

Take my hand, we'll make it, I swear...

[@markg.1130]

​​@@1_800_iFartedWhoa oh, livin' on a prayer...

[@YouSoundButtHurt]

Maybe you’re broke but I have a lot of cash. I’m just not paying these inflated prices.

[@rocinblues]

Consumers are maxed out. New car dealers are reaping their reward for all their addons, while refusing to negotiate, and manufactures raised MSRP's 20%, blue collar/union employee got SUPER GREEDY, and manufactures REFUSED to marshal their dealers. SO, the average (me) looks at this situation and say's "Oh well, you reap what you sow, I have no pity for dealers that go out of business, manufactures that go belly up, and white/blue collar employee that become unemployed.

[@drewcilley121]

$37,000 for a two wheel drive maverick truck!! no thank you

[@AlahuSnackbar]

but its a ManAGeR'S SpeCiAl!! 🤓

[@eyerollthereforeiam1709]

@2:20 Wow, that reminds me of the 70's, which is NOT a compliment.

[@robertprelewitz4511]

Back in the 70's that was pretty popular. Cars had a lot of wood grain stickers to. Miss my 72 pinto station wagon WOODY😢.

[@ericelander9936]

Totally reminds me of the seventies. Not a Ford guy but I'd consider it. Groovy!

[@Akecherfd8424]

I thought WTF is that?;

[@kclefthanded427]

Give people what they want. Its not hard

[@bartmormino907]

These car companies need to come back down to earth before I wouuld buy one. I will look for a nice 1965- 1971 anything before I buy a new car.

[@BarefootCowboy]

I dont care about MSRP. Its worth what Im willing to pay, nothing more

[@matthewbrandley9027]

In Bel Air , Maryland . Subaru. Chevy. Honda. Every maker of every major auto has full lots.

[@AlahuSnackbar]

They've been holding on for years now lets see how much longer.

[@briannielsen7176]

Realistically the average person can only afford a car for 20k. The banks should have never loaned the rediclious amounts for a depreciating asset. I'll just keep driving my 2002 F250 that's paid for my 2010 Harley 1200 Sportster thats paid for my 2009 Toyota Corolla that's paid for and my 2009 ford mustang convertible that I owe 6k with payments under $200 per month. I just had a new engine rims tires a front wheel bearing and a new exhaust on the F250 and it runs dow the road really nice. The Corolla I threw new 80k tires on and the mustang I sent it to maco to have the body work done and then I had a guy put a new rag top on. With all these repairs I still only have a small payment and dependable automobiles.

[@plica06]

Why do you need so many cars?

[@briannielsen7176]

@@plica06 It has nothing to do with need. If I had 100 cars it shouldn't matter to you

[@briannielsen7176]

@@plica06 If we only based things on need everyone would live in a one room shack with maybe two pairs of clothes. You can live like this if you want and I'm sure there are many countries that you could go to and live in this way. Most of those countries have poor health conditions and the people there want to come to America where abundance is plentiful compared to America.

[@CraigBlevins-bx9kh]

There is a lot of good things about this. End of rip off dealers and the end of greasy car salesmen are just two on the plus side!

[@tertommy]

The original MSRP for a 1974 Chevrolet Impala 4-door sedan was $4,135, that's $26,445.63 in 2024.

[@TheGary1004]

Finished paying off my 2021 RAM 1500 last December and no way am I trading it in for another. Interest rates too high and prices too high. I’ll keep my truck until it falls to bits

[@ecarfun]

I think the answer for whether to buy a lot of cars for tax season this year is behind you (lots of cars on the lot, less people buying). Maybe just look for the best deals this year, and use the inventory you have already to be slightly ready for tax season. (my uneducated opinion)

[@savtelly3817]

The car dealers by me are overflowing cars and they’re displaying the used ones in front.

[@joshvega4906]

I used to sell Toyotas in 2007. I remember some of the deals we had back then. 5 speed corollas for 14k 5 speed Camrys 18k Fully loaded tacomas for 30k Single cab tacomas were cheap 13k to 15k. Tundras I think range from 22k to 40k .

[@AlahuSnackbar]

A camry is 30k+ now. An economy car. 🤦🏻‍♂🤦🏻‍♀🤦🏻‍♀🤦🏻‍♂🤦🏻‍♂

[@NancyHill-v7n]

I watched this twice and it's still good!

[@yourmanzach2307]

remember just 3 years ago the maverick was advertised as 19,995 starting?

[@dougb3647]

It’s not an ugly bronco, it’s easy to find in the parking lot!

[@michaelgarrison1844]

I took a part time job (for fun) driving auction cars. You are correct, dealers are paying very little for these cars. Lots of repos and trashed rigs too. I drove a 2014 F150 with 130K miles and it blackbooked for 13K but ultimately sold for $4250.

[@frankgarcia8378]

Storm cars and high demand: watch out for salvage titles / flood damaged vehicles!

[@i_brought_a_flower]

I just wanted to chime in and say I bought a 2024 bronco today. I love it no regrets at all. Great price and great car, just bought a house and I’m about to get a new job

[@earlmarsh2285]

Wish I had my 5 speed 1987 Nissan hardbody back, It was a great truck

[@jasonweishaupt1828]

Why did you get rid of it? I still have Grandpa’s 1983 Caprice and she still runs. I’m body working her over now.

[@billycarr7446]

@@jasonweishaupt1828 Our neighbor had a new sky blue "72 Caprice convertible. What a land yacht! Some ciries will try and charge you property tax if you leabe it parked too long it is so huge. Today, driving it in the city would suck and parking anywhere besides the rear of the lot is not happening. It would be awesome for a road trip.

[@MauriceDeClerk]

That was called the king cab in Canada. We literally drove the motor out on it after 16 years.

[@jimsourbeer1958]

Honda Greensburg Indiana there still making 1100 complete cars 5 to 6 days a week. Crv and civics.

[@SUPREMELEADERSPUNCHBAWB]

It’s just unreasonable expensive. I’m looking to buy a new car once I graduate and start working full time, but the cheapest I can find is $25K and it’s the lowest trim. A decent used car is 20-25K, it’s ridiculous. Damned if you damned if you do/don’t in this market. Hopefully my current car lasts enough for me to pay a fair price in a few months.

[@TheSonyExperience]

There are plenty of good cars sub 10K might not be what you want. Not sure what you call decent. Most young people have an inflated idea of what they should buy

[@domini384]

@@TheSonyExperienceYup don't start out life with even more debt. You can find some great gems out there that may need a little work

[@followme8238]

Buy a max 10k commuter. Dents and dings are fine and you’ll probably add a few of your own. Try not to let your ego tell you that you ‘need’ or ‘deserve’ a nice looking car. Commuter cars take abuse. And if a woman won’t date you because your of crappy 2015 Hyundai Elantra, you’re probably better off. Don’t try to ‘make a statement’ with your car like ‘I graduated’ or ‘I have a good job’. Save money where you can, invest and accumulate money for a rainy day, a layoff, a down payment on a house, and retirement. Congrats on graduating college, but you haven’t arrived yet - you have a long way to go.

[@Greg_Chase]

The multistriped Bronco is cheap at $36k and could be painted over. Either that or donated to the Indy 500 for a pace car. It looks like pace car striping, sole objective is to get attention.

[@kirkwagner461]

Gee. What does the vaunted free market say should be done when there is a glut of inventory? I refuse to shed a tear for any business or industry that fails due to a failure to reduce prices in times of weak demand.

[@goldblueberries326]

I have my 2015 honda accord sport that I bought new for sell. No one is moving to buy it. I'm not asking a high price for it. This is a strong happening. It's a sign of the bad car market

[@jamesweist8599]

GREED CAUSED THIS !!!!!!!!!!!!!!!!!!!!!! GOOD , it makes me smile .

[@mrbill8763]

Inflation and the globalists goal of getting gasoline cars off the road.

[@nickwojtow6787]

Greed on BOTH the producer and consumer. None of the consumers were complaining when interest rates were near zero and money was cheap. We were all pigs feeding at the inflationary trough.

[@mi-da2920]

I can confirm that earlier this year, car dealerships in my area (SoCal) looked like the dealership was going out of business how little inventory there was. Now, they look like they're overflowing.

[@DeathByFishing]

You've been saying this same thing for a while. Sales may be down, but they aren't budging on prices. I don't see any collapse.

[@JohnWalsh2019]

Of course you don't you're either a gov't worker or stealership.

[@jermo4099]

They are losing money they trying to hold positioning

[@gravemind6536]

Being stubborn doesn't mean it won't collapse the longer stock sits round the worse things will get and eventually that bubble will burst.

[@rogerstarkey5390]

2025 models coming... they MUST clear the old stock

[@samc9007]

The Ford dealer near me a year ago.Had 0 Ford Broncos on the lot.I drove by today.They have the whole front row of the dealership with Ford Broncos.And bronco raptors

[@markphillips9822]

After all the car manufacturers lay people off...then you'll get a good deal.

[@JohnWalsh2019]

It's coming soon. The economy is falling apart.

[@richodges]

Jeep dealer near Altavista VA is gone. No cars on the lot. Small dealerships are the first to go.

[@2460joel]

Guess what, dealers have some of the blame, they could've turned down all those high priced junkers!

[@johnshaddick6858]

No they can't . A lot of the time, they are forced to take these cars and trucks from the manufacturer. They are delivered, without any input from the dealership.

[@Have.An.AmicoDay]

i sometimes drive for a used car dealer, bringing cars back from auctions... a couple of weeks ago a Jeep i was driving back, the frame literally snapped on the way back and the thing was all over the road... had to drive the rest of the way home at incredibly low speeds.

[@domini384]

@@johnshaddick6858Unless they're on some contract I don't see how the dealer is forced.

[@johnshaddick6858]

@@Have.An.AmicoDay How the hell could you drive that jeep back ? If it had a broken frame, it would be illegal and extremely dangerous to drive. I would have just lefgt it on the side of the road and called the dealership.

[@Have.An.AmicoDay]

@@johnshaddick6858 i was about 150 miles into a 400 mile drive and then all of the sudden the thing veered into the other lane.. wall to wall traffic of course.. i caught it fast enough not to hit anybody, but then at random intervals it would just weave all by itself... i slowed down from highway speeds to about 50mph and it stopped doing it... about 300 miles into the trip, i was getting gas and I casually looked underneath it (at this point I thought it was a steering rack problem or something like that)... i was able to peel a chunk off the frame with my bare hands with pretty much no effort at all... i didn't want to be stuck so I continued driving it cautiously... i did make it but it was late at night when I got back (because i was driving so slowly). The next day, the jeep was on the lot washed and already for sale... i told them NO no no... i went over to the jeep, again peeled another piece of the frame off it with my bare hands and showed them... auction cars, they arn't the best. *(I've only driven a couple cars for them, so it not like I really work at the dealership, its more of a favor)

[@jdub1139]

Maybe consider going east to Wilmington to purchase your cars, or down to Columbia, South Carolina in order to keep your prices down?

[@marcrichard7251]

Well, I hope that things turn around for you. I want you to succeed in business. I know that you have a lot of responsibility like you said you have families as well that depend on you so may God be with you I enjoy your channel. Keep doing the good work that you do.

[@sunrise.security]

I am the owner of a private security company in California. I work for car dealerships. Yes, before the lots had plenty of empty spots. Now, the car dealerships look like Costco parking lots with so many cars in the front lots. Our clients have supplemental business like car washes, but that can only provide a finite amount. The car dealerships are usually the largest contributor to taxes for cities, but I don’t think that will be the case any for the foreseeable future.

[@RalphEchtinaw]

You're right about that Bronco paint job. It's hideous!

[@clintro]

I hope you did ok with the storm. We where in Waynesville last weekend. Some areas where bad.

[@m-ok-6379]

If people had disposable income those Broncos would be flying out the lot in a matter of weeks.

[@BrianMeegan-k3e]

Some of us have the income and savings, but still choose to buy used cars under $10,000. Put your money in appreciating assets, not depreciating assets.

[@jeffreylinde4381]

Car companies problem is the extras that they throw into cars that people can do without is the problem.

[@3xfelix]

These dealers should keep these cars as they will become valuable antiques 50 years from now

[@wagyu_killer]

Built Ford Tough Luck

[@frankm2145]

Lots a recalls on there hrv, bad fuel pumps , dash is all one circuit they burnout you have to replace the whole thing.

[@charliemiller3884]

Two years ago, I almost bought a Broncho. It was stickered at $32K. I didn't buy it as I thought it was over priced :(

[@anthropologo3496]

1995 toyota tercel - just got it for $1000 - 4 speed, cold A/C, good tires, straight but ugly body...many colors of red paint...bought this for around town car instead of a used bolt or such....just gotta be open minded about transportation...

[@Hojjiifp]

Dealership wants too much....no sale

[@DariusMcDonis]

When in doubt, stay out. Keep the inventory you have. If the demand shows up, get more.

[@bladengutz2042]

The auto makers have priced themselves out of people’s reach

[@ChrisWoldrich-yx4rt]

Great report on unsold,over priced dealer stock.

[@edwardwd3zk]

Yes sir I’m a serious buyer and I want to trade in my $180k house which is paid for . I have the deed to sign over to you for that 2024 ford 150 limited .. Salesman: sure , but where will you sleep ? . Me : in the truck 😂😂😂

[@MrJenten10]

I have 4 dealerships in my town you cannot fit one more vehicle on any of those lots not one

[@TH3D4RKKNIGHT]

That Groovy Bronco is a "Throw Back" to the 70's "Shaggin' Wagon".

[@mic-drop-74]

Reminds me of the Pontiac sunbird, had a paint job like that

[@TH3D4RKKNIGHT]

@@mic-drop-74 yup. I've seen it on one before. The custom vans were more common.

[@jasonweishaupt1828]

What were you all shag’n? 😊

[@melissaw1611]

😂😂😂😂😂 Gross

[@beccawecka3573]

I like that freewheeling package reminds me of the 70s and early 80s maybe you just have to be old enough to remember when that was in style

[@markmywords9372]

Of course, the lot is full it's the next model year.

[@brokeboy87]

I feel bad for the auto workers that are destined to lose their jobs because of corporate choices.

[@drjcw]

Maybe cut their pay 30% and car sales would go up and the union folks could keep their jobs.

[@Gabe-kv2zs]

Agreed. Unions demanding $90k pay for blue collar labor? 😂 GTFOH

[@nickwojtow6787]

@@Gabe-kv2zs Dont disagree but I guess you think every white collar worker deserves $120k pushing paper, answering emails, and managing people? lol you’ve obviously never worked in a corporate environment. There is way more white collar labor fluff and overpaid white collar workers than blue collar. Look at government jobs dude!!! The epitome of overpaid labor. A lot of blue collar labor keeps the lights on in this country no matter how repetitive, or easy people think it is.

[@Bo-zg3lz]

@@Gabe-kv2zsHave you ever worked on an auto assembly line? It very hard work, get over yourself!

[@nickwinn]

That's what happens when you work for bad people. Do you feel bad for drug dealers who go to jail when their drug lord goes out of business?

[@mdingess]

I just went to but a new 2024 Nissan frontier and because I wanted the S trim king cab I was told I don't get any special APR that its just for the top trim lines. This was not the dealer doing it this was Nissan. shows there is 0.9% APR on frontiers for 60mo but don't show that its just for top trim 4 door ones. so I walked out. will not say were I was but even the sell manager said he is sick of this. he said it use to be if there is a sale or special it was for all trims. He didn't even know it was for top trims until he put me in for the 0.9% APR and came back unable for that trim.

[@nickwinn]

Complain to the ftc