The GREAT RESET Has Begun In The Car Market!

[@mfairba]

I think there needs to be videos about how dealers would rather go out of business then reduce prices. Because that is what is happening. How does a dealership close without a fire sale of everything on the lot. If this was a normal market, that is what would happen, but its not. The simply close the dealership and repo the cars back. How is this not clearly a manipulated market. They are purposely cutting production and then hiding over supply to price fix the market. This should be eliminated if there was fair competition in the market but there is not.

[@PatrickC139]

Because a lot of these dealers aren't even using their own money because they're using floor plans. So they're just playing with other people's money and they know that in the end they'll just lose the inventory and they get to walk away.

[@tom23245]

The "fire sale" happens when the bank repos the cars from the dealership and put them up for auction. Unfortunately for you, other dealerships buy those cars and don't reduce the prices.

[@xscorpx]

​@@tom23245that's why you befriend a dealer or spend a few grand for a Georgia dealer license, pretty easy to get and you don't have to live in GA

[@WVUTampaAlum]

The prices are highly artificial and inflated. The best advice is never purchase a new vehicle

[@dennissvitak5475]

Not 100% the dealer's fault. Back when the DEALERS jacked up the prices, the manufacturers got jealous of them making all the profits. Companies JACKED up the prices the dealer's paid from the factory. Prices collapsed, and the dealer's don't have any wiggle room to drop prices. Note that all the discounts are from the FACTORY.

[@steven4315]

448k miles. The owner of that Kia has a clear understanding of auto maintenance.

[@roberthoward9500]

Also KIA's and Hyundai's these days are very reliable. Long gone are the days where those two brands are cheap crap.

[@cdcallaway86]

While you’re in traffic look at all the rusty Kia B pilars they’re still cheaply built

[@billfrohlich4143]

I wonder how many engines and trans. that car went through to get that high of mileage on it

[@dennissvitak5475]

@@billfrohlich4143 - My wife's Veracruz, several years ago, had a battery die. It was five years old, all good. I jumped it, and had her drive to the local Hyundai dealership. We had purchased six cars from them, in the previous 20 years. I walked into the service bay, and introduced myself to the service manager. I had never been in the service bay for warranty or repair work. Ever. Across 300k+ total miles, ALL of them under bumper to bumper warranty. Never had a problem, with any of them. Ever. EVER.

[@WVUTampaAlum]

Did Brandon show the inside? Didn't see it but the outside of the car looks good so you know it's taken care of. No turbo, no cvt, no timing belt. I can't imagine the transmission is original

[@danielhunter1396]

If i owned a new Kia store and that was traded to me i would detail and keep in the showroom without a doubt

[@user-ux7jk4dk8n]

13g for a 2018 mazda 3 with 73k miles is absolutely criminal even for a customer.

[@ncvman]

Look on auto tempest they are asking and going for 17k dollars for the same car same miles.

[@streamingdemon2522]

2018 mazda is pure junk

[@ncvman]

@@streamingdemon2522 most likely

[@tinker3962]

naaw. Just junk ... with a side of rust. ​@@streamingdemon2522

[@tomla2725]

And it was a “no sale”

[@sonnyjim5268]

One thing about the orange Ram, you'll always be able to find it in a parking lot.

[@jamesdougan8789]

but you die inside everytime a hot woman looks at you and laughs at you driving it

[@grumpynomad3551]

This guy has made the same video for the last three years. His next video will be “How the car market is about to crash!” It’s awesome!

[@kitsune303]

I'm starting to not only recognize the guys working the auction line but the clothes they wear too.

[@SogaGoat]

He might as well just start reuploading his old vids and change the thumbnail to some random percent number.

[@Ryan-093]

classic car salesman behavior. always getting you hooked in and paying attention, everything is always at the peak of fever.

[@ariz7493]

😂😂😂​@@kitsune303

[@Boguardis]

It's getting real old. Never goes over numbers, just complains about prices and cherry picks a few vehicles that have been "sitting" and somehow that means the whole car market is collapsing. It's so gay

[@Rogun987]

Consumers refuse to pay these prices. Market will adjust, just takes time

[@kwmedia1]

Lag effect, in effect

[@PLRAHAPL]

Absolutely

[@mikepalmer1971]

In reality it’s not refusing to pay those prices it’s just e cannot pay them at all.

[@lot2196]

No it won't. There is no inventory of affordable models. The manufacturers only want to sell to the top percentage of wage earners. The demand for fewer reasonable models will keep those prices high forever. Let BYD compete. No tarrifs.

[@pappagrumpy6210]

The market may adjust but dealers still have all the inventory at these prices they need to sell

[@wow_horac4663]

I bought my mom a New Kia Rio with a 5 speed manual transmission back in I think 2009. The dealership had a lifetime warranty on the engine and transmission so long as she changed the oil every 3000 miles and kept the receipts to prove it (not difficult since she just took it to the dealership for the oil changes). She put over 200K miles on it and the only major repair she had on it was one of the coil packs went bad and as I recall she had both coil packs replaced (I drove it 50 miles to the dealership at 45 miles an hour which is as fast as it would go with half the cylinders not firing correctly). She finally stopped driving it a few years later because a deer jumped out in front of her and did enough damage to the front of the car that insurance wanted to junk it. She sold it to a family friend who replaced the body panels and the damaged radiator and gave it to his mother in law who drove it for another couple years after that. Overall not a bad experience. No body rust and she lives in northeastern ohio.

[@RomanVarl]

5:00 There's no way any car with 32K miles will have torn interior like this. It looks like 232K miles car.

[@danny1103]

May be something fishy going on with the ODO since it was mentioned that the car was garaged. But then it could have still be a 32k miles may be just the interior seats and steering wheel didn't hold up well since those radio buttons are still in great shape. So kind of inconclusive until further investigation

[@Matt_K]

That 32K might be correct. After all, it's a Ford

[@cdaway2024]

YUP. ODOMETER FLIP IMO. WHICH IS WHY IT'S NOT ON A USED FORD CARLOT.😂

[@cdaway2024]

​​@@Matt_KYOU DON'T PAY ATTENTION TO FORDS AT ALL I SEE. IVE HAD FORD CROWN VICTORIAS & GRAND MARQUISES WITH OVER 300K MILES & THE INTERIOR WASN'T THIS BAD BEFORE OR AFTER I BOUGHT & SOLD THEM.😏

[@cdaway2024]

​@@danny1103SO CORROSION JUST SKIPPED OVER THE REST OF THE INTERIOR RIGHT?🤔 KINDA LIKE HOW COVID💉 DISAPPEARS WHEN PEOPLE TAKE THEIR MASK 😷OFF TO EAT OR SLEEP? 😴 😂😂😂😂😂

[@dennymccaughey7708]

Have never met a broke dealership owner...between doc fees, mystery fees, dealer lobbyists at the state & federal levels and 99% of liars in this industry, it's very corrupt. They should regulate used cars like the do liquor stores in some states. Flat profits.

[@pachiefbrody]

I used to be into cars, between the prices, the “features” I don’t want and the data grab I have become a point a to point b type guy.

[@ft9kop]

Bike and transit. I was craving a car so bad in the pandemic, I just bought a transit pass instead to go cold turkey. Now I'm looking into buying a moped instead, and a good one is only $5k tops. Far cheaper than a car

[@naildoctormd]

A used vehicle is only worth what the customer is willing to pay for it. The market will always correct itself.

[@michael-------7058]

Brandon, I had a '98 Kia Spectra with 258k miles on it with no mechanical failures or issues. I only gave it up after it was sideswiped by a lifted F-350 that ran their spiked lug nuts down the driver's side of the car and insurance took it away from me. I loved that car - went through deserts to blizzards in it.

[@blank1778]

Back when kias were good

[@WilyTuber]

I thought those spiked lug nuts were just harmless PLASTIC CONES ????

[@grimzop3146]

Imagine being so greedy your doors close before you make any attempt at selling cars.

[@Spaethon]

Two problems I know first hand that's hidden with a heated engine: 1. Power steering pump, it'll squeal if it's going out or the fluid desperately needs changed, but it will stop squeaking once the engine heats up. 2. Cracked exhaust manifold, you will hear a tapping sound which is the gas escaping through the crack until the manifold heats up and expands, closing the crack just enough to stop the tapping. Both items, especially exhaust manifold can be quite expensive. I paid $1,100 for my car in 2015 in the exhaust manifold was $300, and I installed it myself. My power steering pump, I cleaned the hell out of it and thankfully it was saved.

[@chrisfoxwell4128]

So, what I'm hearing is, i need to JB Weld that crack when it's cold and then get it hot to make a permanent repair.

[@mwaynem]

I've noticed the Honda and Toyota dealers not only have full sales lots but their back storage lots are filling up. Not good when they are not selling their vehicles.

[@matthill2957]

I get it toyota camry is one of the best selling if not the best selling car in America but dealers selling camrys with 20-50k miles and they are trying to sell then 2-5k over msrp. Its disgusting

[@slick_anonymous1126]

I hate it when cars say we have new "technology" all they do now is slap on LED screens everywhere and say its high tech. I remember when the assisted cruise control and lane keep assist came, or apple care play and android auto that really helped with car technology but nothing else since.

[@woodrmp1]

Agreed they need to go back to solid parts and materials as luxury rather than more and more gizmos that just break and make long term ownership expensive. They need to bring back quality like the old school LS400’s and land cruisers

[@josephszot5545]

That KIA with 448,000 miles WTH did he do for all day and night? It hit me the KIA was a 24 hour a day Uber car, 2 drivers 12 hour shifts.

[@prismbrandingrealestatebra6301]

Guys, the reputation Kia had when they first entered the US market in like 2008 is no longer true. Yes in the beginning they were terrible but Hyundai bought them and transformed that company. As long as you buy the Korean made Kia and not the US or Mexico made models they will last 300K with basic maintenance. But only a few models are made in Korea, like the Soul and a few others. You have to look for the vin numbers that start with a "K".

[@dmitrystoynov9105]

gdi engines die between 80 and 180k miles, practically no exceptions, especially on American maintenance ​@@prismbrandingrealestatebra6301

[@twowheelingtom]

Thanks for taking us along on this sale journey. I had a 2011 Chevy Aveo that when it finally died, I had almost 300K on it... 298,555 miles.... always kept it in great running order.

[@quixomega]

Mazda makes really nice small cars. I have a CX-30 (which replaces and is a bit larger than a CX-3).

[@ablabloubla]

The Ram cones with that color from factory, and for some people, they would say that at least they were some other choices of color than black, grey, white and red

[@sebtessier5023]

Yep, bought it for my company. People stop me to tell me they like it and kids love it.

[@ghostfarmer358]

I love those loud colors 😊

[@jackpalczynski7884]

A 448k mile Kia? Seems about right for 12 engines.

[@wendellmotton4982]

Kia is not as unreliable as people make them seem.

[@BillyBobDingledorf]

@@wendellmotton4982 Most folk I know with a Kia with more that 50K on it have replaced the motor. It's pretty sad.

[@ShowMeWhatINeedToKnow]

@@wendellmotton4982 - They are terrible. Look up the Theta 2 lifetime warranty settlement. Only the really old kias and hyundais are any good.

[@wendellmotton4982]

@@BillyBobDingledorf my shit has 170k & still pushing. The one before this one had 180k .

[@Boguardis]

@@BillyBobDingledorf True, but I know that Kia will replace an engine instead of fix it. They would rather replace the whole engine with a blown head gasket in most cases. I know someone who had a blown head gasket or the headbolts were backing their way out and instead of fixing it KIA just offered to replace. Makes sense when you think about it. It's easier to remanufacture engines than rebuild them on site and have the customer come back in 3 months because something else is wrong. Still, like most vehicles, KIA is relatively reliable, especially today.

[@setafavn]

The entire University of Tennessee community is insulted by your take on the orange truck. 😂

[@denimlabels7315]

Brandon, I like your channel and have been watching for a while now. It seems like the used auction market is still way too damn high!

[@carquestionsanswered]

Yeah it is... Coming down but still way too high

[@Hippity514]

I love your vids bud but nothing changes except prices keep going up

[@carquestionsanswered]

I don't see prices going up... Been going down for last 18 months... Maybe not as much as you would like but definitely going down

[@stockey]

My Kia has 300K miles, just normal maintenance, Kia makes very good cars, with the wear on the seat, The T-bird has a lot more than 32K miles.

[@ophidiaparaclete]

50 years ago you'd buy a new car and it dropped in value 25-30% the second you drove it off the lot. 🖕these dealerships.

[@billbob4856]

Forget 50 years. That was true 5 years ago.

[@squangan]

I was just looking at a line of F350 Diesels today, every single one of them was priced over $125,000!

[@SpaceRanger187]

98 7.3 are going for 10k

[@glyniscoleman4813]

​@SpaceRanger187 those are the best ones the newer diesels are nowhere as good our old 96 with 450,000 miles is still running well and our friends we sold it too still love it the only reason we sold it was we needed to downsize it's now well over 500,000

[@Anonymous..VQ3.5Lg35]

That 2018 Mazda will last a long time! Great vehicle quality from japan!

[@mic-drop-74]

17.6 for the orange Ram and back on the lot for 50k LOL

[@garysteinert8040]

I was told in 21 not to buy…I would still be waiting instead of paying 47k for something that is 70k now.

[@tradermunky1998]

Looks like the buyers know what's up, not so much the sellers.

[@kwmedia1]

Just like real estate market

[@tradermunky1998]

@@kwmedia1 Bingo 😆

[@mike9132]

That Orange Ram would sell for top dollar in SF. The Giants fans love this color combo.

[@Epro95]

Prices will never go down

[@billyjoesmo8251]

Inflation will fix that the prices will stay the same and you make $800 an hour😂

[@stonefox9124]

Bankruptcy bye bye

[@Steve.Cutler]

I agree on that orange Halloween colored truck...it. was hideous.

[@rusty90272]

Hahaha...yet my daily searches of my favorite trucks find nothing but normal depreciation.

[@jonathantaylor6926]

Used truck are still ridiculous ... I see 130,000 mile GAS F250's for like $35,000... so overpriced.

[@bj5731]

Are they moving trucks at the prices you’re seeing or are they still asking normal prices? In my area (rural south), trucks sales are plummeting.

[@ultimateyagerman]

​@@bj5731what state ?

[@rusty90272]

@bj5731 Dunno, been watching F350 prices for more than a year and I don't see changes.

[@bdlii]

My 2018 Ram 3500 with Cummins cost me 40,500 in January with 88k on ODO and that was a decent deal. Fair to me and fair to seller (private seller). But, it was hard to stomach that much money for a used truck. I wasn't willing to wait to see if things got better. Prices don't seem to have changed and if anything have gone up a bit.

[@iam_kaution]

That 2018 Mazda was clean. That white CX-3 would have to come with me

[@Boguardis]

You can find them with lower miles for around the same price depending where you are at.

[@remsmith3233]

I learn so much from watching your videos Brandon…thank you for your time and effort.

[@jasoncummings1755]

The reset will happen when dealers go out of business! All of our local dealers still have 60k 80k on the front window as if its Deal!😂😂😂

[@bmacaulay18]

You can bet all the no sales were new dealers that loaded up on the trade to make the new car deal and now they are tanked in the car. You either have to retail out of it or take your beating. This has been happening since I started over 30 years ago.

[@maxxedout2020]

A guy at work is a Bengals season ticket holder and has a Ram just like that one.

[@bapakbob3897]

the oldest rule: when somebody puts a dollar in your hand, close your fist. an old mazda for 30% more than a willing buyer will pay? Did they drive it through the Ferrari factory to get a wiff of desirability on it?

[@Whatisthis195]

Supply and demand is when you cannot make more of something or can’t keep up. All these greedy manufacturers doing artificial demand deserve to go under.

[@wkw4095]

This situation we're in shows how important it is to buy high quality simple, strong, timeless vehicles...For me it is the Dodge Ram 2500 and the Jeep Wrangler. Both rugged, body on frame and good engines. My truck is on 20 years, Jeep is 15 years. I have to say the new Ram and new Jeep do not apply to this rule.

[@invisiblestacker]

Being a person that drives 25000-30000 per year. I believe the faster the miles lile up, the more miles you get before it breaks down.

[@woodrmp1]

Yep it’s just like our bodies - it’s a combination of time and mileage

[@beatrixbrennan1545]

I've noticed this, too. My son drives a 10 year old Kia with 300k. It keeps going and going.

[@Burky0711]

2:10 An immediate step back from the dude that sneezed lol. I'm doing the same thing

[@Boodieman72]

448K is doable if you use synthetic oil and do a lot of highway traveling.

[@Sam-f1k8e]

no one will steal that orange truck

[@preeyakumari-i2q]

That T-Bird seat can’t be ripped up like that with 30000 miles ! ?

[@BradMills-l4x]

Looked like the front bumper paint was off a shade as well? Scam mobile

[@WVUTampaAlum]

Absolutely hate those thunderbird's.

[@beatrixbrennan1545]

I don't get it. I think they're gorgeous

[@confusedcynic9073]

The 04 t-bird with 32k mileage is suspect with the seat as bad as it is, unless it sat in the sun, so much for being garaged car.

[@robbryan2822]

Or some huge person.

[@richardgadoury8452]

Brandon, On the "no sale" units, does the auction house charge the owner a service fee for running it through the system...thank you.. As an older driver, that orange truck would be easier to find in a parking lot..

[@csk95b]

I dont know about jeep but the cars I'm looking just keep going up but I refuse to pay these prices. I hate being a hater but I wont shed one tear if all these dealers go under for all the shadiness over the years.

[@johnniroalmarez5111]

That guy in auction talk faster than twista and busta rhyme combined .lol 😂

[@flycatchful]

Not coming down in Southern California.

[@davidweimer3556]

That KIA probably has have the engine replaced 5 times

[@tomdrewenskus8167]

How is it possible that the 2004 Thunderbird with 32k miles has a completely torn up driver’s seat? Did the driver have sharp tools in his back pocket?

[@billbob4856]

I will keep driving my 06 Tc that got for $2k in 2022 and learned to drive manual on than pay these prices. The paint is flaking. The rear hatch barely works, but it’s better than giving money to these hacks. One of these days these manufacturers and dealers will get the picture. Stellantis looks like it’s choosing to learn the hard way. Maybe the others will learn from their fall.

[@johnfritz1164]

Someone in my area has a Tesla Cybertruck painted that orange color. Maybe it will help keep it from rusting?

[@1968CudaGuy]

Charlie Brown's Great Pumpkin rides again!!!

[@Suds649]

This market is a God sent gift to the auction house. Each time they get a cut. Greed is a gift to the people who practice the real world of supply and demand between the buyers and sellers.

[@patrickmichael8655]

50 grand for a truck that’s crazy

[@carquestionsanswered]

Someone else beat you to it today

[@Boguardis]

What are you talking about? Trucks have been $50,000 for many years now. Ever since 2017-2018 the half-tons have been up into the 60s. $80, $90, $10,000 trucks are crazy. $50,000 seems way more reasonable when you think about it like that. But really, I would like to know what you think is a good price for a truck? $30,000?

[@stonefox9124]

$120,000

[@toddprater14]

@@Boguardisthis dudes on every video Brandon’s posts with the same post…50k was a loaded gmc Sierra in 2013

[@Boguardis]

@@toddprater14 That was 10 years ago my guy lmao

[@budthatsmyrealname]

The belt expands when it gets warm and sound goes away? Actually its the opposite. The reason for the belt makes noise is because its worn out (gotten larger from wear) and the reason sound goes away is because rubber gets sticky when its hot. So the belt catches the pulleys after its warmed up even tho its worn out

[@mr_ice117]

Had a coworker who had a ram in the same orange color. He called it the pumpkin haha

[@BarryThacker-t5l]

When i start my 3.5 ford cold the timing chain slaps. this is a thousands of dollars to replace this chain.

[@toddprater14]

Yep and your water pumps connected into the oil pan , so you better replace the water pump when you do the timing chains… stupid design …

[@minormunitions]

3:30 the owner probably is a professional magician

[@RexCBr]

Are you getting any vehicles that were damaged/flooded vehicles from Helene? Enjoy your video and give it two Thumbs up!!

[@markfolino6976]

This car market crash B.S. is so humorous because none of us believes any of this price reduction by a car dealer anymore ,anyway anyhow

[@blitzevans4273]

I hate silver the way Brandon hates orange!

[@dave3657]

At one time I was going to store a new Mustang GT 5.O because all the new cars were 💩then take it out of storage and drive it when I wore out my other car. But cars got better, didn’t need too. But now I’m thinking 🤔 should. I set a car aside now for later?

[@mcdavid1816]

I made calls on 3 new trucks this week that are 2022 models and they won’t budge on their prices still , and these aren’t top of line trim levels either

[@toddprater14]

Then keep calling around , you’ll find a dealer that will budge …

[@angelmarquez6000]

In my city, One Ford dealer has started marking down their trucks. 75k for a 6.7L. Across town, their competitors have the same trucks for 100k.

[@gilbertfagley7837]

The ram will never get hit! My sister had a yellow toyota car (back in the 80s) that we called "baby sh!t yellow". (It rusted, never hit)

[@docholliday2961]

10 years from now same videos 😂😂😂

[@carquestionsanswered]

Unless people stop watching... Thanks for watching by the way 👍

[@pappagrumpy6210]

Im interested to know what trucks are doing at the auctions. And don’t rag on the ram. I have a 2017 with 60k and runs great.

[@mattusapparatus5968]

The CX 3 never sold more than one percent of the lineup and was discontinued after three years

[@impalanar]

It's The Great Pumpkin, Brandon!

[@ScottsdaleSushi]

Manager of the local Home Depot drives it.

[@deanmitchell9568]

Thanks for showing that Kia!

[@saedalbittar1841]

I love your videos, full of information, thank you.

[@danielmulcahy9607]

Stellantis has a price vs quality problem, not a supply problem

[@Charlotte_Photographer]

I was just at Randy Marion Ford in Statesville today... Truck lot was overflowing! Mostly white fleet trucks. Probably sold contractually but haven't been picked up.

[@josephleonaitis2422]

CAN YOU SHOW FORD FUSIONS SE AND SEL WITH A 2.5L ENGINE, NO TURBO FROM 2012 TO 2221?

[@mjk9674]

What model and engine in the Kia with 400k miles???

[@Elvampiro.]

There’s nothing cool about that thunderbird

[@Ridendrty]

Bahaa yes agree… what a turd

[@streamingdemon2522]

Exactly total piece of crap

[@ScottsdaleSushi]

Why was I thinking it would look good with a young version of Suzanne Sommers driving it?!

[@fialee8]

I want t oknow how much did that Kia sell for?!?! Did it crack $1k or ???

[@UPdan]

Too much to insure, too much plastic in parts to fall apart, too much greed aimed at customers.

[@Greg_Chase]

The 448k miles Kia was probably doing 'border runs' (southern border of the U.S.) if you take the meaning. 448,000 / 6 years = 75k miles/year = 1435 miles *PER WEEK* Border runs. My 2015 Ford has 35k miles on it. 75,000 miles per year, mein gott. All that time in the car, yikes.

[@kristoffMR]

high mileage doesn't necessarily says the car is gone (actually means its well built)! age on another hand takes its toll, even on low mileage car that just disintegrate!

[@glorgau]

Why the orange truck? You can spot that thing immediately from WAY across the parking lot.

[@allnatural101]

Someone in Waycross might be interested in purchasing it and would likely appreciate its features. The condition of the engine is of utmost importance to me.

[@ncvman]

Kia 448k miles and 4 engines later.

[@Ungovernable74]

I'm betting that KIA is on it's 4th engine.

[@MarkHurlow-cf2ix]

Those T birds need 8k worth of maintenance on them. All the bushings are dry rotted ,the valve pan cover gaskets leek, it’s an ars paun

[@YouMatter-UDo]

This stuff so looks like the housing market around here. Still full of expensive hopes and dreams are the sellers.

[@4.0gpa44]

The market keeps going for it.

[@Evil-dr4bn]

I live in a city with great public transit and no need for a car. So glad I don't need one of these pieces of shite.

[@Ben-jq5oo]

I like doing my bit to reduce my CO2 footprint also.

[@melvindavis2789]

That Tbird might have had a better chance at the GAA Classic Car auto. But I would suggest fixing that seat to get the best money for it.

[@JohnSmith-lo2cl]

my mothers 03 kia sportage has over 300k miles. It was a nice car and super reliable

[@nickwojtow6787]

The car markets are increasingly catering to the investing/financier/white collar corporate class. Aka these people can afford these prices all day long. These people have high paying white collar corporate jobs, home equity and fat 401ks right now. Once this bubble pops and pops it will these people will start getting laid off and lose a lot of their wealth. Then the car bubble goes poof and implodes. But markets are at record highs. The crash is coming. Its all unsustainable.

[@BillyBobDingledorf]

A Kia with 448K miles is on it's 8th motor.

[@saltydon475]

That orange sport is gorgeous