"THE CAR MARKET IS CRASHING!"...Some Are Shouting. But What's Actually Happening on the Ground?

( www.alltfl.com/ ) Check out our new spot to find ALL our content, from news to videos and our podcasts! If you've poked around automotive KZbin channels, you'll likely spot a recurring theme to the effect of "the car market is imploding!" But is that actually true? Well, the situation is a bit more nuanced, and Brendan chats with an expert in the field to get his take on the situation.
( / tflcar ) Visit our Patreon page to support the TFL team!
Watch more videos from TFL Studios:
The Fast Lane Truck ( / tfltruck )
The Fast Lane Car ( / tflcar )
TFLoffroad ( / tfloffroad )
TFLbike ( / tflbike )
TFLnow ( / tflnow )
TFLclassics ( / tflclassics )
TFLtalk ( / tfltalk )
TFL Podcasts:
TFL Talkin' Cars Podcast ( redcircle.com/shows/tfltalk-c... )
TFL Talkin' Trucks Podcast ( redcircle.com/shows/tfl-talki... )
#car #market #news

[@MavadoKen]

Great video Brendan. Thanks for keeping a level head and calmly discussing the situation with the right scope.

[@TFLclassics]

Glad you enjoyed it

[@teronemixon6642]

If you think this is the right scope, you might need to get your eyes checked

[@guidowinter]

Why would a car dealer say: It is going to crash, please wait till you buy your car...Of course he is not going to say that! 😊

[@roncedad7032]

Agreed no way he comes on this channel and is honest!!

[@nameblocked]

You guys should add "Dealership Sponsored" to the title of the video. ALL car prices need to come down another 40%

[@dentman67]

My company wholesales nearly 1k worth of vehicles a week. Trust this guy is sugarcoating things. It's a buyers market on most units in a big way.

[@chrisdemas8246]

When you can get Toyota Tacoma’s for 3k under invoice in CA, the market is falling. Last year they were at 5k over sticker for same truck. Tundra’s discounted even more. The big 3 have huge discounts due to 300-400 days supplies of trucks on hand.

[@antoine4038]

I'm in CA, and I haven't seen a single Tacoma for under invoice. I have seen Tacomas discounted under MSRP, but not much more than $2k, and that's for 2023 MY, which is an outgoing body style. It's typical to see prices fall when a redesign comes around

[@AkioWasRight]

Where are you seeing $3,000 under invoice for Tacomas? That's a $6,000 discount in many cases. I'm also in California, and I've not seen anything like that.

[@chrisdemas8246]

@@AkioWasRight Walnut Creek Toyota had mine. MSRP was 43,600, got for just over 40.

[@chrisdemas8246]

@@antoine4038 I am referring to the 2023 TRD OR.

[@AkioWasRight]

@@chrisdemas8246 MSRP is not invoice. Invoice is about 7% of the MSRP, so you paid roughly invoice. Given dealer fees and kickbacks, the dealer still sold the truck above what they paid for it.

[@aaronbritt2025]

A lot of the click bait YT channels (I'm looking at you Ray and Zach), have been yelling "the sky is falling" for two years, but retail rices aren't reflecting the drop in wholesale values. Dealers are still trying to get all the money for cars they overpaid for.

[@thesoccertrotter1]

For now

[@skiahh]

Trying, being the key word.

[@Dusdaddy]

All I know is that around me, there seems to be much less movement on new cars than there has been in three years. The lots are filling up much more. Used and new.

[@jerroldshelton9367]

Around me, new car franchise dealers are shuttering their doors and those that aren't have plenty of excess inventory. It's not just the new car franchises that are getting bit. It's the used car lots, too. A LOT of them went out of business in 2023. I know of a guy who had five use car lots who is now back to having just one. I don't feel particularly sorry for him, as he was soaking customers when the used car market was at its hottest. All of this is happening in a metro area which, unlike others in the country, has more jobs than people wanting to fill them.

[@SirNecro]

It's not crashing, it's experiencing a correction. Prices across all sectors of the market have been too hot since Covid, and now there has to be a market correction to account for that.

[@alexandergeorge4402]

Love your content keep up the great work TFL crew 😀

[@dsm810]

Interesting, thanks for the video. I work for a large dealership chain in the SE. Our sales team are selling vehicles at about 1/2 the pace of 19, 20, 21, 22. Mostly due to high costs of new, used and high interest rates. Our lots are the fullest they've been since covid. We are the second highest volume dealership chain in the SE part of the country.

[@anthonyc1883]

Wow, that sounds in stark contrast to what the guest said in this video. Half is huge. Hang in there.

[@chrisdemas8246]

I am seeing the same in CA. Was truck shopping for 2 years. Finally able to get the Tacoma I wanted well under MSRP.

[@muhammadhanifkurnaen6689]

Must be awfull for your sales target

[@navsofour2892]

People are paying down credit cards they don't want more debt at high interest rates especially on used pieces of trash like Tesla.

[@spinevice7689]

my 0.02.. The car market is crashing in general. Repossessions are high. People are upside down on loans. Interest rates are very high. You are asking a guy who sells cars for a living, so of course he wants to paint a picture that "the market is good". Lots of used car companies are going out of business. Vroom? CarMax is in trouble as well. Days worth of inventory is very high. The market generally sucks for sellers. Prices are correcting and many in the auto industry were not prepared for it.

[@TheVintageApplianceEmporium]

I can only comment from a UK perspective but here's what I think is happening: 1. We're having a market correction - the semiconductor shortage is all but over, new cars are arriving on forecourts which is driving down the price of used vehicles 2. International economies are struggling - various wars and high interest rates are having an impact on consumer spending 3. The end consumers do not, en masse, want electric vehicles - the rise of EV sales have been driven by the tax breaks afforded to businesses. Those businesses are now dumping three year old EVs into a consumer market that does not want them, hence their precipitous fall in value. Supply and demand. Over supply plus weak demand = falling values I'm sure there are more reasons but these three immediately sprang to mind for me

[@MrYobII]

That was a terrific analysis and I completely agree. I hadnt thought about it in those terms with the semiconductor crisis, but it makes a lot of sense.

[@unconventionalideas5683]

Part of it is that three year old EVs have worse range, too.

[@Dusdaddy]

I think it's more of a combination. The end consumer do not want "Expensive" vehicles, period. EVs are the first casualty of this. Others will follow.

[@muhammadhanifkurnaen6689]

People this day just want to save money. Economic slowdown is real.

[@nlpnt]

One thing not mentioned about the used EV market is that Tesla's been cutting MSRPs pretty aggressively. Nobody'll pay more for a used one than a new one.

[@JarmelSingsKaraoke]

Great Job Brendan....Happy Monday everyone..Have a good one✌️

[@thebigguy8306]

Thanks Brando, good discussion

[@coryw.9086]

When I tried to offload my Tesla Model Y some dealers told me they wouldn’t touch it. Would be a wholesale only offer. This was one hard car to get rid of!

[@usadventures8116]

Insurance man, insurance. Damn these Teslas are expensive to insure..

[@eyesurgeon69]

Brendan is awesome, so glad he's part of the channel

[@rogerrussell9544]

not only did auto makers raise prices beyond reasonable, but they also took away the product people actually like. A V6 turbo instead of a V8 truck? How is that working?

[@rustbeltrobclassic2512]

Man, ya just can't get honest info about a market run by snakes..

[@jimjones-pz1tt]

Simpleton.

[@shawnvigil4824]

Soo helpful! Good job brenden! Thanks

[@beachbumis]

Love the variety of TFL content. Keeping us car enthusiasts informed!

[@gbailey7672]

Manheim used care index at 201.9 from 257.7. No sign of slowing... i have a hard time believing it's not going lower. The problem is people forget that job losses are going to be a part of this deflation.

[@miamoto69]

Everything is still too expensive. It can keep crashing.

[@scotturich]

I wonder how Vroom going out of business is going to affect the car market. Logically they would be auctioning that inventory off for half what they paid for them driving down MMR values making people who bought the last year or 2 even more upside down. The car market will be interesting in the next 6 months

[@superset5]

it will affect them 0%

[@Dusdaddy]

Was their inventory big enough to affect anything? This wholesale dealer seems to move more cars than they did.

[@mferraz2050]

I don’t trust these industry people at all! I want to hear from customers who have just bought! That’s what I want!

[@randy74989]

Dealerships don't care. If they can survive and finance their floor plan, you will get no discounts. It's up to you to research and find the vehicle that you want and then it's up to you to negotiate or walk away. It's up to you, no one owes you anything, and dealerships/stealerships are NOT your friend, period! 🤔

[@travisp11]

Our local Honda dealer sells quite a few vehicles every month while they are in transit to the lot. I drive by the lot on my way to work everyday and their new inventory doesn’t last long. I recently bought a 2024 Passport and I secured it with a deposit before it hit the lot.

[@ScottyBennitone]

Been hearing this about the car and housing market for 2 plus years now... Hasnt happened.

[@nlpnt]

Housing is an entirely different animal since the supply constraints are more intractable.

[@ScottyBennitone]

@@nlpnt does not change the fact that people in both markets said it would crash and it hasnt

[@bldontmatter5319]

​@@ScottyBennitoneright, but the same thing was happening in 2007-2008. And America got hurt really bad those years. It's gonna be like that but even worse

[@glennz6686]

​​@@bldontmatter5319Car or housing market are not going to crash. Softening yes but no crash.Most dealers don't have that much inventory. Housing there's a severe shortage of inventory.

[@bassandtrebleclef]

​@@glennz6686depends on the dealer, doesn't it?

[@adamhatcher6620]

This will age well!!! I'm gonna come watch this again in 8 to 12 months

[@markv78]

Nice video Brendon would like to see more of these perspectives. "Keven the homework guy' also has a great channel and covers this topic regularly. Slightly different opinion of the market but the guy spoke to was informative but it's like talking to a cars sales man in the case a business owner he's not shooting himself in the foot and going public the market is tanking. It is tanking perhaps some markets less then others and if dealers have 23 model yrs left great deals to be had. New rules on the horizon from the government FTC "carsrule" which revolve around the buying process and consumer protection that are gonna shake things up in the consumers favor so we aren't getting screwed by bad dealers.. that should be your next segment on this thread FTC cars rule.

[@blueboy7117]

The minute I heard the guy say gas prices are going down is the minute I was like this guy doesn’t know Jack

[@RidersInBlack]

Brendan great video. This opens up a lot of discussion on the floor. Pickups have replaced the Mini Van for the new family vehicle, so that market will be strong. EVs were marked up because of the push from governments to electrify fleets, and the chip shortage post-covid, but the consumer base is still on the fence about electric power. The point your guest raised about $20K vehicles and under being strong should send a message to manufacturers. A lot of people just need a simple car to get around town and commute to work. They Don't want to spend $50K and don't have $50K to spend! Build new compact and subcompact vehicles. With features that will make consumers happy and you'll sell a boat load.

[@brendanao]

Well said! Thanks!

[@Dusdaddy]

Always wonder where this theme the gov't is pushing EVs. They've reduced the kickback you get from buying an EV. The manufacturers, the media and KZbinrs have been pushing EVs harder than anyone.

[@RidersInBlack]

@Dusdaddy In my country The government has mandated a certain percentage of fleets to be electric powered by 2030. I think other countries and governments are doing the same. That's where the push comes from

[@Dusdaddy]

@@RidersInBlack Fleets are one thing but which has been good for EVs. Positive reports from fleet managers on EV savings.

[@sachinnair91]

The greedy manufacturers don’t care. They will never go back to building cheap affordable small cars. They will only build expensive huge SUVs and trucks with fat profit margins

[@DUCKSAREEVILLLLLLLL]

But, aren't EV sales supposed to be up 29%, according to MSM?

[@marial8235]

Henry Ford, a flawed man, realized people needed to be able to afford his cars, thus he offered the $5 day. The prices of cars have rapidly outstripped wages. People do not make enough to afford new vehicles.

[@connor_flanigan]

the cars they sold then were literally a horse carriage with a lawn mower engine. if the same car was made today, it would be extremely affordable, but ZERO people would buy one.

[@marial8235]

@@connor_flanigan The point was about wages, not the car.

[@Andrew-un2yp]

I was in the car business for 10 years. Although he’s not being totally honest about the market crashing, he’s just trying to be positive for the media and his business. Salesman lie all the time about all info. The market has slowed down drastically. He is correct about EVs though, they have slowed down as well and have taken a huge it.

[@johnnicpon5783]

Great reality check here. Thanks for this video.

[@TFLclassics]

You bet!

[@js2407]

Three large used car chains are or have closed for business including Vroom. Tells me every thing I need to know....

[@unconventionalideas5683]

Vroom never had a great business model, and Carvana’s struggles (similar/same business model) shows that. Carmax is not necessarily doing that poorly, though.

[@kanakapono]

This is a niche view on the overall health of the car market used or new. In our market prices and incentives have increased. The video is a PR piece.

[@taylorbittner2465]

Lots are full, cars are not selling as they did. Is it a crash, no but the market is experiencing a large correction.

[@enjoylife7030]

The market is constantly evolving. Manufacturers are offering lower interest rates now on some new models knowing that they can move into lower rates as they come down over the next couple of years. Market adjustments are gone. Inventory is rising. If you want all the extras you are still going to pay for them but if you search dealer inventory for lower optioned vehicles you can find some better/more normal pricing on them compared to the last several years. Used car inventory will continue to grow depending on how owners want to handle being upside down on late models. Seems that more are getting repo'd but some owners won't want to roll negative equity and may bite the bullet and continue to pay down those debts. Manufacturers still seem reluctant to advertise big incentives across the board but you should be able to negotiate a little more this year. I am not too familiar on the EV market other then to say it seems as though some manufacturers are planning to cut some EV production. This is just what I see in the mid-atlantic area.

[@caiden915x]

Most vehicles are definitely dropping. There is a lot of dreamer sellers that think they can still get 2021-2022 prices. Be careful using active listings as comps, especially if they've been posted for 4 months lol

[@winsy3138]

Everywhere prices are slashed you don't see them raising the prices anywhere like during covid.. seems a clear indication of where we're going from here.

[@jmackinjersey1]

Overall, the car market, both new and used is trending down in price, due to upward trending days on the lot as well as interest rates and insurance rates going upward. This is going to get worse in the coming months as out overall economic outlook is worsening and many more large and small companies continue to have massive layoffs.

[@seal4ever778]

I never see comments about the horrific American consumer spending habits on vehicles, which also affects the market. A lot of you talk about high inflation, low wages and such but neglect to mention that people were, and still are, paying over sticker for brand new cars that they can’t afford and don’t need. Manufacturers see this and are going to continue bend you over, if they can. Prices aren’t going to come back all the way down from pre-pandemic time. That’s also how inflation works. Consumers help set this unattainable, bloated market by paying crazy markups…they(some of you) need to take some blame.

[@tinymission7821]

I honestly don’t know where people keep getting all this high inflation low wages stuff from. Since 2020 my income has went up 25%. I already own my home. My house payment did go up from $657 to $690 but it’s a 3,200 sq ft 5 bedroom house. I bought a truck in June of last year and got a great deal on it. It was at least comparable to the truck I bought in 2007 inflation adjusted. Things are more expensive but people are making more as well. Everyone in my family (all working adults that is) are thriving right now. And we all live in a small town that is known for being the first to downturn economically in bad times. It ain’t happening.

[@tinymission7821]

I honestly don’t know where people keep getting all this high inflation low wages stuff from. Since 2020 my income has went up 25%. I already own my home. My house payment did go up from $657 to $690 but it’s a 3,200 sq ft 5 bedroom house. I bought a truck in June of last year and got a great deal on it. It was at least comparable to the truck I bought in 2007 inflation adjusted. Things are more expensive but people are making more as well. Everyone in my family (all working adults that is) are thriving right now. And we all live in a small town that is known for being the first to downturn economically in bad times. It ain’t happening.

[@tinymission7821]

I honestly don’t know where people keep getting all this high inflation low wages stuff from. Since 2020 my income has went up 25%. I already own my home. My house payment did go up from $657 to $690 but it’s a 3,200 sq ft 5 bedroom house. I bought a truck in June of last year and got a great deal on it. It was at least comparable to the truck I bought in 2007 inflation adjusted. Things are more expensive but people are making more as well. Everyone in my family (all working adults that is) are thriving right now. And we all live in a small town that is known for being the first to downturn economically in bad times. It ain’t happening.

[@tinymission7821]

I honestly don’t know where people keep getting all this high inflation low wages stuff from. Since 2020 my income has went up 25%. I already own my home. My house payment did go up from $657 to $690 but it’s a 3,200 sq ft 5 bedroom house. I bought a truck in June of last year and got a great deal on it. It was at least comparable to the truck I bought in 2007 inflation adjusted. Things are more expensive but people are making more as well. Everyone in my family (all working adults that is) are thriving right now. And we all live in a small town that is known for being the first to downturn economically in bad times. It ain’t happening.

[@tinymission7821]

I don’t know how that printed so many times. 😂

[@markv78]

Hertz recently announced they are shedding there EV line substantially mostly due to increases in collision repairs and. Maintenance.. so if u wanna EV I'd say 24 is your year

[@nlpnt]

It should be noted too that higher collision repair costs aren't intrinsic to EVs but a consequence of how Tesla in particular resists independent body repair.

[@noseboop4354]

​@@nlpntIt's not just Tesla, Rivian and Lucid are just as bad for obnoxiously high body repair costs.

[@gerardellis1127]

I think your guest talked in generalized terms, instead of having hard data, like some of the other car shows to indicate how well the car markets performing.

[@DannyFyffe]

To say the market will go down a little is the same as saying Denver is a great place to be. Both are not close to reality. Because MSRP has increased 30-40% the last 3 years is a factor why prices are still stupid. Not factoring in a major recession that will be here this year is to show a short-sightedness that leans toward being blind. Not realizing that layoffs are happening and will only increase to cause the recession is to live in a land of fairy tales. Car experts? Hardly.

[@user-ox3un6pt8q]

Northwest Motor sports just closed 11 locations in WA state. They specialized in high end pickups , jeeps etc… They would probably disagree with this guy.

[@rtk7233]

I haven't met anyone in the market for a used EV.

[@jimjones-pz1tt]

I haven't met anyone in the market for a new or used EV. I'm in Wyoming where sanity is common. Colorado full of idiocy, it's California East.

[@Jv19979]

Me either I see a lot of companies doing away with evs and going back to gas

[@MarkWitzel]

LOL, Troy is full of it! @7:04 "The market, the market's still good, you just gotta, ya know, nnnn ya gotta make it what, you know, you gotta have, you gotta be positive."

[@markv78]

If yuu paid msrp or more from 21 to 22 ...assume the position.

[@USA__WILL]

Raw dawg 😂

[@chrisg723]

Come end of year '24 we'll be serious buyers. We're sitting on cash from an insurance totaled car back in June of '23.

[@hummyhero1484]

The markets good for dealerships because they markup the prices and people keep paying it. I’m positive of that

[@MavadoKen]

People upset about vehicles being expensive? Breaking news! Oh wait, it's been happening for over 40 years.

[@Doc1855]

Well the greedy dealerships had thousands of dollars in markups and ripped off their customers and now they’re beginning to struggle. WHO CARES !!! I wonder what their greediness tastes like now.

[@robmacarthur3778]

Negative equity affects a lot more people

[@tp5776]

Doesn't matter what the prices are - those like me that drive a nice car and would normally being trading, and have excellent credit, aren't going to pay a high interest loan. My car has 80k miles but bought it at 4% interest. It's fine, I'll drive it.

[@gixxingthecommute3410]

I like what he's doing, but talking to one dealer probably isn't going to give too comprehensive a view of the market. I'd personally like to see a bit of a mini-crash as the 50% raise in MSRP pre-pandemic doesn't seem sustainable to me...

[@mikefalle7910]

Eventually manufactures are going to have to move product to keep plants open. My bet is the big 3ish , that Honda and Nissan will start hammering out great lease rates again, then incentives on new units and the market will recover. Also, rentals have been holding on to inventory historically long and will be cycling their inventory as well. 2 years until recovery

[@tavsmagnificentlife]

In a few days send you an invite to a website that will allow you to any dealer to sell their cars at 100% of the asking price, it’s. Of a gimmick or a trick. This method has never been seen and it will change the way cars are purchased even in this market. These dealers that are waiting on income tax return buyers are fooling themselves. This isn’t trolling and you will fully understand the method in minutes. Normalcy bias by people who spent many years in the business, they aren’t able to grasp the reality of this current economy.

[@hkm_865]

In any conversation about used cars the “Crystal ball” saying must be used. It’s a rule

[@Palkia8842]

Thanks for telling us the real situation. Car Edge be doin' too much.

[@kingmyles5455]

The early 2000 used vehicles are on the rise in the southern states

[@garybrown9062]

That’s like asking a hardcore liberal or conservative about politics. This video is not going to age well. With the new interest rates and the vast majority under water with the old interest rates this will be a rough few years on dealerships. Serves them right for gouging the last 5 or so years. Only people I feel sorry for are those that were gouged.

[@AkioWasRight]

All the predictions of a price "crash" didn't age well. Even with $10,000+ discounts on some of these cars and truck, prices are still way up from 4 or 5 years ago. We're never going to see prices fall back to pre-pandemic levels. Had you bought a car at the front of the pandemic, when "crash" predictions started being thrown around, you were actually the smart one.

[@lorenzojennings3431]

They said this all the time . Cars are still over price . Americans can't afford a $60,000 car . A $800.00 car payment and insurance . . I'm waiting for the 🔥 fire sale 😅 .

[@waynemullally6423]

Quietly said, "a surplus of inventory"

[@jamietoro8373]

I don'tagree with your guest opinion- Repo's New Car Dealer Groups Are Going Bankrupt- Int Rates Ave Car Note Monthly $900 Plus Realy.

[@TrevorVaubel]

Did we try a different camera this video?

[@broeheemed32]

I've spent the last three years meticulously restoring my 2002 F-150 to nearly new condition. All told, I'm probably $20,000 into it. It does everything a truck should do, without all the computerized/electronic nannies and babysitters. No high-strung "turbo/hybrid/CTV" garbage, no software to constantly "update", no $ubscription power seats. It is not a luxury car. It does not have reclining third-row seats or an automatic pedicure station. It is a truck. It hauls and tows and will drive as long and as far as required as long as I keep putting fuel in it. That's MY "market adjustment".

[@bldontmatter5319]

20k... Did you throw a 5.0 coyote and new transmission into it or what...? The jellyborn Ford's are like 2-3k to redo the entire suspension and brakes, they're cheap. Maybe 5k for an engine. 3k for an absolutely amazing paint job. 1k for wheels. Where else did the money go???

[@fleabitpeanutmonkey614]

Lol... It's prolly extra sweet!!! $20k in an 02 is better than $70 on a new one tho

[@BlackSuperman643]

6:43 no thanks. I’ll wait

[@kyulee2758]

dude says its "doing good" okay I'll wait it out more then.

[@martyi398]

Folks may want to relax and allow the markets to stabilize and for interest rates to come back down to earth, keep your current vehicle and pay it off (no negative equity) and then when the time comes to upgrade it will be a lot more enjoyable process!

[@georgerepper5926]

checked carmax over the weekend... the prices actually went UP!

[@krashnpa]

Because... Carmax!

[@chrisdemas8246]

😂 that’s CarMax acting like there is still demand.

[@bldontmatter5319]

CarMax makes a cut. So of course they say that. Artificial inflation.

[@kevinknotts6337]

For regular gas cars/trucks it may be more of a stalemate. Looks like cars/trucks aren’t selling and dealers are holding onto the vehicles. People aren’t buying like they were and the prices are still not coming down enough. Stalemate!

[@sarahdell4042]

Outside of eleven markets like CA. Electric overall does horrible in the US

[@jerroldshelton9367]

What's happening on the ground? The automotive market is crashing. The ongoing success of one used car wholesaler in the Denver Metro area does not and cannot speak for the entire automotive market nationwide.

[@byronb1738]

We have a historically inflated car market here int the Denver area due to a steady influx somewhat wealthy coastal population moving in and we are the only major car market within a 500 mile radius / 8 hour drive. With a metro area of roughly 3 million, we don't have the selection or competition of markets like LA, Chicago, Houston, etc. I have bought several cars out of state for family or myself due to the inflated prices here. When you go to buy, dealers cite the local market, but when you want to sell/trade they cite the national market. Even with all that, nearly every car in my CarGurus watch list has dropped a few thousand $$ in the last 4 weeks.

[@mrsteve4313]

Ev drop...2 reasons, 1. Government bs push and 2. Not as good as the industry wants you to believe!!! Bonus... lithium ion batteries occasionally catch fire without notice 😂

[@JayPerrier]

Those sunglasses are clearly rose tinted. Even with an 800 credit score, interest rates on a used car are 9% and prices are still through the roof. It’s just a matter of time before the levee breaks. Dealers are going to have to cut prices or they’ll be sitting on inventory forever.

[@tinymission7821]

I can get all the money I want at 5% on my credit cards, any of 3 that I want to use. That’s exactly how I bought my 2020 Nissan Frontier Crew Cab 4x4 loaded with 18.5k miles on it for $23,500 in June. I have the title with no liens on it. I owe $16,100 on the card loan right now. There are ways to get money if your credit is stellar and your ability to pay is strong. You have to be disciplined as well but it is easily doable.

[@MrSweetHart6976]

People love to throwing around the crashing term, but in reality the market is slowly going back to were it was. But because the government has made "our dollar" absolutely worthless now, prices will still be higher then they were "pre pandemic"

[@jonascampelo871]

Second hand EV's... Well, I hope TFL buys a 10 year old Model S and make a video series about that deal. Range, quality, electronics, that would be very interesting!

[@michaelm3381]

EV'S are crap and unreliable. Just Google the Consumer Reports article on them or ask the owners in Chicago.

[@Robstunner]

I don’t believe this information. My trade in value tanked 10k in 2 months and is a” strong market “ gen 3 raptor. Retail values dropped and you can see it as just a car shopper.

[@ojbarberena7090]

I agree. This guy is not well informed

[@garysarratt1]

You can state your case; you’re obviously in a different kind of market than him. But to LEAD with “I DON’T BELIEVE THIS MAN”… you don’t even know the guy, but I bet your Raptor is worth more somewhere, you should price it nationally, submit it to several dealers. I don’t know how you can seriously think your anecdotal evidence is better than anyone else’s.

[@Robstunner]

@@garysarratt1 I didn’t use all caps and I didn’t say this man. I said this information. I have been shopping around for the last few months and have seen what is happening as a person negotiating deals with dealerships within 500 miles of Chicagoland. How virtuous of you. Calm yourself. I’ve received offers from Colorado all the way to Pennsylvania.

[@garysarratt1]

@@Robstunner I used caps because I can’t do italics.

[@garysarratt1]

And “this information” is what the man said, so you are saying you don’t believe him. Could have done a little research, but nope, “I gotta get on here and tell thousands of people that this is incorrect because I can’t prove it in my hometown today”. Could have learned some things, but instead “This is wrong”=“don’t have to think anymore because I disagree with what I’m hearing”. Hot take culture, smh.

[@joecraig78]

Great job Brendan. But you need someone more interesting to interview.

[@aymanlockhartable]

Sucks people who bought Tesla Model Y for 70k years ago!

[@kennethmartin3478]

I can't pay what they want good luck to you!

[@sreilly]

Who would even want to buy a brand new car? Everything is garbage. May be if all automakers reinvested in their quality control, the new car market will rebound. But for now, I’ll stick with my 15 year old Honda CRV, 20 year old Ford F250, 37 year old C10 and 38 year old Thunderbird.

[@cyriousadventures2957]

Trucks have take a huge hit XD ram has a lot at 15% off Msrp right now

[@BestDraftClass]

This feels like a bad look. Are your views crashing with the car market as well

[@MsGirl68]

im waiting. im not paying 900$ a mth car payment

[@XCELERATIONRULES]

He sells 10 cars every day,look at all those customers!

[@robmacarthur3778]

Maybe tax refund will be smaller this year

[@dougpendleton1266]

Be interesting to see the same video with a new car business, maybe a dealer that sells multiple brands.

[@flatheadV8]

The cost of a gallon (US), is $6.58 USD in England. You are very fortunate in the US.

[@AkioWasRight]

No fortune in it, it's just a matter of energy policy. If you don't tax and regulate the industry to death, the market economizes and brings down the price at a consumer level. Mind you, this is generally true for the US. However, it's not true everywhere in the US. In some states, people are paying $2.49/gallon, sometimes less. But there are states that more closely align with the rest of the world. In California, where they have bad policies that regulars and tax fuel heavily, prices are more around $4.50 to $6.50+ per gallon. Literally, the same fuel as the rest of the nation, but it's 2x the prices due to anti-market conditions created by the state.

[@aaronbehindbars]

I paid $6.50/gal in California las year which is INSANE! That was over double what I was paying at that time here in Texas. Yesterday, I saw prices of $2.65-2.70 for our lowest fuel grade. We do have cheaper gasoine, but everything is spread out so you have to drive a lot for everyday things.

[@sachinnair91]

We are very fortunate in the US? I disagree. I live in Dallas Texas and I’m too poor to afford health insurance like millions of other Americans. Last year, I was given a $25,000 bill for a 3 hour ER visit. I’m paying that bill off now in monthly installments. I wish I had free healthcare like you Europeans

[@AkioWasRight]

@@sachinnair91 If you're not only "poor" but also uninsured, then that's a double personal issue. Even most people on low wages have coverage because of the employer mandate. So, you're not just "poor", you've made choices. Also, healthcare is not free in Europe, it's paid for by taxes. I assure you, your bill spread is far less than what the average European pays in taxes.

[@sachinnair91]

@@AkioWasRight very easy for you to judge and look down on others. The fact remains that millions of Americans don’t have health insurance and are petrified of getting sick due to huge medical bills. There are several cases of Americans who collapse in public and beg passerby’s to not call 911 since they can’t afford the ambulance bill. That’s sick and you shouldn’t defend it. Americans deserve better.

[@FrankyRedEyes]

Comment sections these days....

[@drdoc7508]

heres a novel idea: Dont buy an overpriced garbage new car and actually Save Money! hey, it works

[@uo2230]

Early Nissan Leafs are worthless b/c they go about 30-40 miles b/f needing a charge. It's not even a car if the batteries aren't new. Joke.

[@tinkerstrade3553]

The thumbnail got me in, but Bearded Boy is a paid shill for the dealerships. Does he think everyone is blind, watching vehicles sit for months while the dealerhips have to pay the floorplan to the bank. Every month, they pay interest on the cars the banks gave them credit to buy. And now, the banks are tightening up on credit to consumers. The "Great Pandemic Money Machine" sits broken and silent. As food goes up, the repo drivers run around the clock. Not even Toyota has deep enough pockets to avoid losing money on $100K trucks that have more recall problems than time on the job. And consumers are walking away from the market, repairing what they have, and keeping a roof over their heads. This video is at best, wishful thinking.

[@Short_Bus]

I was insulted off of TFL truck, and TFL cars because of my opinions on the EV car/truck push. Seemed like that was the ONLY content available on these channels for soooo long. Even received snobbish comments from the staff of TFL themselves, which surprised me. Unsubscribed from both of them, and never looked back. Some called me an old kodger , I didn't have a clue etc. What did I know? I knew enough that I'm your average American buyer with money to spend. I'm not stuck in a journalist bubble. I live in realsville. As a business owner that relies on vehicles to make my living, I budget and plan for what I need 4 to 5 years ahead. EVs are such a narrow market do to limited infrastructure support, and limited range. Hybrids are where the market needs to go for now. Manufactures made a HUGE mistake dumping so many eggs into that EV basket. Now jobs are being lost and 90k vehicles are just sitting there. It's hilarious how some people still think it's going to pan out just fine in the next 2 years. And these "Pledged" manufacturing numbers will be attainable. Whatever......

[@jimjones-pz1tt]

TFL can't stop shilling EVs. Roman is literally a communist Czech who wound up in liberal Colorado-California. He's the ONLY person I know who was born behind the iron curtain who hasn't embraced the free market.

[@TFLclassics]

Roman says you have no clue about him or what’s it’s like to live in a communist country. He loves America, hellcats, big ass diesel trucks, guns, the free market and the incredible opportunity this country has given him and his family. Maybe you should try living under a REAL Communist regime before you pretend like you know anything about what Roman loves and believes. Why do you think TFL owns a Ram 2500 Cummins diesel and new Mustang GT?

[@TFLclassics]

Short_bus, just because the world does not conform to your beliefs, don’t blame us. If you hate EV’s and they don’t work for your business, don’t buy one! But the fact is that we report on everything automotive including hellcats and Teslas. Last time we checked the F-150 was still the best selling vehicle in the land. That may or may not change but please stop holding us accountable for what GM or Ford builds. That’s not fair to us. We know today many people only want their beliefs amplified and promoted. That’s not TFL. We’ll leave that to Fox and MSN. If you don’t want your beliefs challenged, just be honest and say so instead of blaming over coverage or lack there off.🤔

[@Thecarexchangepodcast]

My podcast will tell you which cars are not crashing

[@inboxnews]

Gas prices are coming down? Where?

[@Tayumm]

Minnesota, for example, some places at 2.35 gal

[@inboxnews]

@@Tayumm $3.19 here in Orlando. It was $1.79 three years ago.

[@aussie2uGA]

Election year. Gas prices will be held down until winter.

[@inboxnews]

@@aussie2uGA Gas prices are going up.

[@codymcarthur1932]

They are in Iowa! Dropped over a dollar since summer.

[@jimroland7542]

Why don't you do some real investigative reporting and find out how many dealerships have declared bankruptcy?

[@truno7]

NO EVS FOR ME

[@BryceLovesTech]

I have a 10-year-old Tesla that has been an amazing vehicle still on its original battery. Because of that I have so many people coming up to me asking about buying a used one now they’re getting some incredible deals under 25K plus the $4000 EV tax credit.