The NEW Car Market Is Collapsing! Still A Few STUPID Dealers!

The NEW Car Market Is Collapsing! Still A Few STUPID Dealers!
Our latest video helping you buy cars is all about th latest car buys in todays market. We're breaking down the situation so you can buy your next car with ease. If you're out shopping for cars, SUVs or more, this video will help you with getting the best deals.
Oh yes, and don't forget to SUBSCRIBE for more car lovers lifestyle: / @markholubetz

[@phaseboundary5323]

A 5% discount on a 50% overpriced vehicle with an engine recall, how is that an incentive?

[@GuitarsAndSynths]

new cars are junk

[@glennshayne1985]

My incentive is to keep driving my 2007 Toyota Matrix 1.8L 145,000 kms with its wind up windows & CD player, living the dream.

[@greathey1234]

Great engine, the best Toyota made

[@garce7039]

Good on you. i am mullling around the idea of buying an old 80s or 90s Wrangler and fixing it up (engine and trans swap, new wiring, interior, etc.) and running that bad boy until i die.

[@mrkoodo5953]

Nice 👍🏻 I have a 2009 Matrix that’s my commuter car with the 2.4L & 335,000km still going strong doing 150km daily drives. Highly underrated vehicle.

[@Spaethon]

Living the dream too with my 99 Mitsubishi coupe, five-speed manual, crank windows, manual locks, manual seats, simple and built to last. Made in Japan too. 234k miles so far, and running strong. I will drive her another 25 years if she lets me.

[@GuitarsAndSynths]

that is the way

[@jerryt87]

Week 40, and the car market is "still" collapsing. Same shit, different week. 🙄

[@hungryowl1559]

There's so much collapsing that we've only just begun the collapse and wait till you see 40 weeks from now how much more of a collapse is going to be. It will be a collapse upon a collapse upon even more collapse, I mean it'll be so much collapsing that it'll be a huge collapse. Possibly the hugest collapse you've ever seen. In fact I've just collapsed.

[@Vincent-ke5zn]

Here's an incentive "MAKE RELIABLE VEHICLES AND QUIT CHARGING 2X what they are worth

[@Spaethon]

I wish people would finally understand how to really buy a car. Purchase the vehicle, and drive it for the next 20 years while maintaining it properly. Instead people are treating cars like disposable items, which is beyond ridiculous.

[@Vincent-ke5zn]

@@Spaethon very good point 👉

[@MikeyD8632]

​@@Spaethonyour so right on Their priorities are. How's it look not how's reliability. I'm shocked when talking to family and friends and hearing their reasons for why they purchased a certain vehicle. Anything I buy has to have a very reliable history. I never buy the newest redesign

[@hippo-potamus]

Prices dropped 2% oh man what a discount!!!!

[@greathey1234]

Only idiots pay these prices. I can't blame dealers for milking them

[@jayc4715]

Same for real estate

[@Kevin-mk6jo]

I want to see mass lay offs and 30% off MSRP before i can say... collapsing. This isnt it.

[@waiakalulu1568]

2000 Subaru Forester is still running at 187K miles. I walked away from buying a new truck months ago.

[@Vincent-ke5zn]

I was talking to a police officer and he said that he hates the way the Ford Explorer runs, the transmission skips and hesitates

[@jittychitty]

I'll keep driving my old vehicles... they run perfectly fine. New cars are money holes 🕳

[@sunso1991]

i just want an basic car. 4 wheels, AC, backup camera and bluetooth speakers with radio (and airbags, seat belts, lights). NOTHING ELSE. no GPS, no lane departure, no cruise control, no auto braking, no sunroof, no touch screen. i need my car to carry me and my tools around. not a basement gamer chair that goes on the highway

[@jayc4715]

Buy a Corolla

[@michaelwilliam7622]

I bought a ram big horn in 2019 for 42,000$. Now it’s 70,000$. That’s 70% increase in 5 years.

[@VAFS001]

I am no economist here, however the graph that you showed only took into effect of prices. The only reason those prices rose, is because of the quantitative easing after 2008 that allowed people to purchase more with lower interest rates. In fact, the prices back in 2017,18 and 19 before the C word, people would STILL not be able to purchase vehicles IF interest rates were as high as they are today. The auto companies took advantage of the low rates and increased prices. Now the chickens are coming home to roost.

[@RobertHutchinson-d5s]

If Americans knew what it really cost to produce that new $45,000 vehicle they would NEVER buy another. Auto manufacturers listen up. This info will soon be disclosed I promise

[@richj011]

It's like if folks knew what was in the food, especially fast food, they're eating. Our government doesn't give a shit

[@hungryowl1559]

I just need to go from point A to point B. I don't need an entire entertainment system , self-driving, parking, lane correction (the mark 1 eye ball handles all the sensory data fine), etc features to get to work.

[@Spaethon]

Frankly, a brand new truck costing $40,000 is unreasonably high. A Jeep at $40,000 is unreasonable. I will just keep driving my little 99 coupe with 234K miles. $0 car payment for 9 years is a wonderful thing.

[@thedragonofdalzell]

Im a year and a half from paying my car off. Can't wait to have my current monthly payments go to my savings.

[@markholubetz]

Thanks for sharing

[@stevehenderson2571]

Ram ask 20% off MSRP…..Then walk away and don’t look back.

[@bryanshore2257]

The reason the price of new vehicles is so high right now the manufacturers have been prioritizing production of trucks and SUV’s. Because that is where most of their profits come from. I work for an auto parts manufacturer and we were told years ago that hardly no profit is made by the manufacturers with majority of cars. Remember when ford stopped building the ranger? That’s because it cost the same amount of money for ford ranger as it did an f150. The f150 was not profitable to make anymore They make profit for selling even the most basic equipped suvs and trucks. Also wage increases have shot up a good bit so now it costs more to make any vehicle.

[@hendrikvandermerwe4978]

2% drop in prices does not equal a collapse! Average prices have jumped up 38% - over 60% in many cases, over the last 4 years - thus 2% is just about NOTHING.

[@trapps75]

I will keep driving my 2004 Toyota Camry with 161000 miles that drives like a dream

[@markholubetz]

They will go for a long time

[@RedEyeC]

Dropped 2%? They need to drop 200%... Yes, the dealers need to pay US to take their cars

[@Scypher0th]

co worker was paying on his 2020 kona for the last 4 years nerver missed a single payment and wanted to trade it in for a used 2019 mustang gt, dealer was asking 38,000 canadian for it with 60,000kms on it. they also said he woudl be paying 280 bi weekly for 7 years at 19%....THAT IS CRAZY!!!!!!!!! But ppl dont think like we/i do...he thought was was a GREAT deal and well worth it because and this is hsi words "thats a normal price for a vehicle now days..."

[@markholubetz]

You are totally right, people have stopped questioning this vehicle pricing insanity and are willing to pay assuming that’s fair. It’s really not fair.

[@M85Iroc]

19%?!?!!!!

[@GuitarsAndSynths]

still waiting for new car dealers in California to sell near invoice prices. Most not selling close to invoice. They only trim 1-2k below sticker MSRP so no deals now.

[@MikeyD8632]

I got a decent deal on my 24 IS 350. Lexus is kicking but in this market. Surprised with all the recent screwups

[@musclesmouse]

I went to Nissan dealership and they played games. I left

[@markholubetz]

That’s the best way. Just walk away, if they are not being reasonable or trans parent

[@tojoshinobi]

you flamed the Chrysler 300 against the Camry, but due to listening to you and the other car info youtubers i was able to get a beautiful Pearl Velvet Red 2023 300 with 10 miles on it and the black out package for 28k OTD, in the crappy dealer state of Florida!! Love it hope it stays good, first foray with a Chrysler/Dodge product!

[@markholubetz]

They are cool looking cars and I did a review on my other channel @sixspeedreviews. Be sure to hit subscribe

[@jayc4715]

Good luck 😐

[@RoadHouseeee]

I work at a CJDR dealer. Because the 300 has remained minimally unchanged for the past decade… it’s actually one of the more reliable vehicles from Stellantis

[@Funkydood]

...that's because you purchased a LEMON.

[@donaldbanner2185]

...................... WAKE UP!.................................. ***"INCENTIVE "*** = Walk Away.... and Signals You/US to do Research...... as to why!!!! DO-Not Buy based on EMOTIONS!

[@derrickjohnson5219]

SUV and Cars present the best value where pick up trucks are the most expensive and present the least value.

[@clemnewton9007]

If manufacturers are not careful they will lose even more money people cannot afford thses over prices cars etc under 30000 is just about wht people can afford unless they finace these cars for 84 months or longer

[@cchcch-jw9dw]

Here's the truth. A 55,000 dollar truck is really worth 32,000 dollars. A 35,000 dollar sedan is worth 22,000. I don't care about the kind of technology new cars have. When you produce enough of something the price drops. Financing a vehicle is the least of priority that most Americans not coming up until retirement age should be worrying about. If you have to finance a car finance one within the budget. Once it's paid off keep it until the wheels fall off. Then when the wheels fall off take a short term loan and repair the vehicle and keep it another 15 to 25 years. Vehicles are a depreciating asset that Americans prioritize over actual homes/property.

[@jamesdelap4085]

32k incentive?

[@bigdog1150]

I have two cars, both under 60k miles and paid off. At current prices of new cars, I'll drive these until manufacturers and dealers pull their head out of the clouds (or their ass) ... which may never happen 😂

[@richj011]

My wife has 13' Honda Accord 62,000. I have a 19' 4Runner 78,000. No payments. My neighbor is a mechanic. No issues.

[@frankiebflat5728]

Damn

[@markholubetz]

Yea

[@justing6594]

Fake news dude! This is whats really going on. Cox Automotive expects U.S. sales growth to slow during the second half of the year to end 2024 at 15.7 million units, roughly a 1.3% increase compared to 2023.Jun 25, 2024

[@markholubetz]

Thanks for watching

[@ibetmoney7235]

click bait..2% 😂

[@markholubetz]

ouch

[@mitchlee3483]

Collapsing where? UR delusional Bro.