The Truck Market Finally COLLAPSED. And Buyers are DONE Overpaying!

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Automotive Anonymous

Automotive Anonymous

Ай бұрын

I traveled to several dealerships to show you guys what current inventory and easily identifiable discounts look like. Not only are interest rates super high right now but MSRPs have gotten out of control. Thankfully many of the dealers are finally coming back down to Earth on their pricing below MSRP.
Thoughts?
2024 Toyota 2024 Ford F150 2024 Subaru 2024 Silverado
#trucks #Toyota #Ford #Chevy #Subaru #hyundai #f150 #4runner #tacoma

Пікірлер: 601
@ryand4940
@ryand4940 Ай бұрын
When the vehicle is 30k over priced and they take off 15k. It’s still very far from a deal.
@portercbl
@portercbl Ай бұрын
NOT ONE OF THOSE VEHICLES ARE WORTH MORE THAN $35000!
@richardweyland116
@richardweyland116 29 күн бұрын
Blame the EPA and FJB for high MSRP.
@ryanlight1013
@ryanlight1013 29 күн бұрын
They aren’t worth a dollar!
@anthonyrowland9072
@anthonyrowland9072 29 күн бұрын
@@richardweyland116Remember when Joe gave Ford $750 million in tax cuts and they just did stock buybacks and laid off 7000 people? Oh wait that was Trump lmao...
@bOOmbOOmProd
@bOOmbOOmProd 27 күн бұрын
A fool and their money.
@OtisFlint
@OtisFlint 27 күн бұрын
Lol, $35k is nothing anymore. The dollar is worthless. FDT & FJB
@jstar1000
@jstar1000 Ай бұрын
I was once buying a vehicle from a stealership and the guy at the closing table handed me a card for "FREE" oil changes for a year I think it was. I said I live too far away and won't be driving here for a "FREE" oil change and do them myself anyway. He said well take it anyway, you never know. When I was going over the paper work there was a $400 fee with some strange verbiage. I was like, what is this $400 for? He said some stupid stuff and said everyone pays that. I was like What is it for? over and over until he finally said it was for the "FREE" oil changes. I was like take it off or I'm walking. We went back and forth and I should have just walked but I was like an hour and a half in the process and they finally took it off. What a scummy way to do business.
@stuartstuart866
@stuartstuart866 Ай бұрын
I wonder what percent of consumers pay attention and hold their ground like you did.
@Hardstyler981
@Hardstyler981 Ай бұрын
Similar situation here but they were adding windows,tires and windshield for "free" but you had to still pay a deductible
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Good for you for being vigilant in identifying what you were being charged for and then for holding them accountable!
@jstar1000
@jstar1000 29 күн бұрын
@@AutomotiveAnonymous208 Yeah I hate all the added fees and crap so i go over all that with a fine tooth comb and try to get them to remove or pay for them them selves. Sometimes it works sometimes it don't. It was the finance guy I was dealing with. When I walked out of the office and saw all the people waiting I said look at your paperwork folks and look for the $400 fee for the free oil changes they are scamming you on. The finance guy was pretty pissed at that remark but they deserved it.
@ejt3708
@ejt3708 28 күн бұрын
So many of the stealerships I talked to were trying to rip me off. I think the key is not getting excited and expecting anything more than frustration. Or, get a Tesla or Rivian. The price is the price.
@johns818
@johns818 Ай бұрын
Since 2021 MSRP increased 35% to 60% depending on brand. Who cares if they are no longer marking up.. MSRP is ridiculous on its own.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Thanks for sharing this, and absolutely! I’ve noticed the same thing, at first it seemed frustrating that some dealers were price gouging, but now that many of them have simmered down it does truly seem to be primarily the manufacturers living in imagination land of what they think their cars are worth.
@Hschlick84
@Hschlick84 Ай бұрын
The invoice prices should be the actual MSRP, while the actual invoice prices should be $10k below that.
@1truthseeking8
@1truthseeking8 29 күн бұрын
​@@AutomotiveAnonymous208what is the purpose of a TRX? seriously, is there any actual utility to the vehicle? Or is it just a street race vehicle?
@rastus666
@rastus666 28 күн бұрын
MSRP, money suckers really pay
@Roko-jb5hl
@Roko-jb5hl 28 күн бұрын
Classic grocery store technique. Raise the price of item by $2. And then offer a $0.25 coupon.
@jeffrey3498
@jeffrey3498 Ай бұрын
I remember when it was ridiculous and absurd to pay MSRP, and it is, but the dealers have everyone brainwashed that MSRP is good deal. It wasn't a good deal in the past, and it's not a good deal now.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Good insight! I remember always hearing and expecting full size trucks would have 10-15K off their sticker. I never understand and still don’t why the manufacturers put such high MSRPs out there if they’re ultimately going to do huge discounts and rebates. 🤷‍♂️🤔
@jeffrey3498
@jeffrey3498 Ай бұрын
@@AutomotiveAnonymous208 And a good point on your part 😃👍 I always thought of MSRP as a starting point for negotiations. I guess it’s a retail price, not the price anyone would think of paying. The manufacturer has to put some price out there, and they are, of course, in business to make money. The bottom line, with exceptions, like entry level base model cars etc., is that if a buyer pays MSRP, the dealer is making way too much profit that is totally unfair to the customer. Essentially gouging.
@flybriur
@flybriur 29 күн бұрын
For sure. No way I'd pay MSRP unless it's a brand you're buying directly from the manufacturer where you have no choice (like Tesla). I'm used to paying under MSRP - my last two cars were less than sticker. I got my new car back in July 2020 before all the COVID stuff really affected supply and prices skyrocketed, and was able to get close to 30% off MSRP on my vehicle.
@sethdecamp4919
@sethdecamp4919 28 күн бұрын
And just remember high volume dealers don’t pay dealer invoice either - so when they show you “dealer invoice” and tell you that’s what they paid for it they are lying.
@David.D3
@David.D3 25 күн бұрын
I also think the baby boomers knew how to haggle. My current generation gives in too easily and everyone knows it
@makdaddy8399
@makdaddy8399 Ай бұрын
I wouldn't pay $50k for that Bronco......
@breckfreeride
@breckfreeride 25 күн бұрын
That's 25k over what I would pay for a essuvee. If it had a V8 or if it got better than 23mpg I'd think about it... But 15 and a turboshitbox ? Double no thanks!
@Punkpsychobilly
@Punkpsychobilly 8 күн бұрын
Seriously man. I know I’m old and ignorant but I just cannot separate the idea of a 3 or 4 cyl engine from the term Econo-$hitbox. These people are nuts paying anything over $25k for a vehicle with a 4 cyl. Dumping turbos on tiny engines that haul huge vehicles is a recipe for disaster. .
@cleverusernamecl5532
@cleverusernamecl5532 5 күн бұрын
@@Punkpsychobilly You're stuck in 1980, wake up...
@JSBowling2011
@JSBowling2011 Ай бұрын
Who in their right mind would pay that much for any Bronco? It's absurd
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
I saw one in Las Vegas a few months ago that had a 15k mark up and it was just on a regular 2 door model… 🤢
@thisisashan
@thisisashan 18 күн бұрын
I see them all over the university I work at. So basically all the teachers that are teaching your kids to hate white people and mutilate their childrens genitals.
@cleverusernamecl5532
@cleverusernamecl5532 5 күн бұрын
They sell them all day long.
@uncommonsense8693
@uncommonsense8693 5 күн бұрын
Yeah, but that is likely going to be problematic as society collapses with all of these economic bubbles. 120k on a 6 year is like 1700 a month or something. ​@cleverusernamecl5532
@jeffdungey5848
@jeffdungey5848 28 күн бұрын
Collapse??? When the the prices are forced down to reality,then we'll begin to call it a collapse....these prices are still escalated.
@jeffp5418
@jeffp5418 28 күн бұрын
The new tacomas are not selling. Toyota just doesn't understand their buyers anymore no one wanted a 4-cylinder truck and their priced too high for the customer that would like something like this. Tundras are now filling up lots and collecting dust as well.
@breckfreeride
@breckfreeride 25 күн бұрын
Tfl had a great video on that... 45k for a basic no feature baby truck with cloth seats and no heat? Get bent!
@thisisashan
@thisisashan 18 күн бұрын
@@breckfreeride Or 80k for an experimental hybrid truck with actual truck features (4wd, can offroad, etc) that may or may not have the longevity that old toyotas had. Sad.
@asajayunknown6290
@asajayunknown6290 13 күн бұрын
Well, I'd love a 4 cylinder if it didn't have a turbo, and four doors, and a tiny bed. A little '90s-style pickup would sell out quickly. Hilux or a Dmax, but they're not allowed here in the US.
@breckfreeride
@breckfreeride 13 күн бұрын
@@asajayunknown6290 b series... Mmmm
@littlestinker9716
@littlestinker9716 Ай бұрын
Almost guaranteed those dealers have way more vehicles hidden on satellite lots. Still the same games. Don't fall for it.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
It’s literally so crazy that some dealers decided to play the supply and demand game that dirty lol.
@Smarterthanyou-mthrfkr
@Smarterthanyou-mthrfkr Ай бұрын
Yep, hold off one more year. They are in panic mode right now
@Hardstyler981
@Hardstyler981 Ай бұрын
You are 100% right during lockdowns u had to preorder a vehicle and pay an extra fee for "delivery" they basically already have them
@richardweyland116
@richardweyland116 29 күн бұрын
I've seen it. I was driving through MO and saw about 100 new cars parked by a fence near the hwy and the dealership was off in the distance...There were more than one Ford dealerships loaded with cars.
@mitch4149
@mitch4149 28 күн бұрын
@@Romanio77made in China… must be super reliable 😅
@allanpontiere6177
@allanpontiere6177 Ай бұрын
So not paying any mark ups and just paying MSRP with high interest rates is now called a “collapse?” 😅
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
I more meant to articulate that the car market is collapsing as in it’s broken. Manufacturers over valued their vehicles to the point that regular people can’t afford anything remotely close to what they now cost.
@sabastian4858
@sabastian4858 28 күн бұрын
@@AutomotiveAnonymous208 broken would have been the better word to use. Words mean things.
@ralphkeith2905
@ralphkeith2905 Ай бұрын
After you said they were charging $250 for door edge guards, I looked up the prices of door edge guards on Amazon. The most expensive I could find was $20 for 32'. I hope dealerships like this go out of business.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Thanks for looking that up! I’m sure 32’ would cover 2 full vehicles. $480 profit for a couple minutes of work, not bad. 😜 I could see them charging $50 bucks a vehicle, but $250 is just wrong lol.
@nadaname391
@nadaname391 Ай бұрын
Yep, Stealerships.
@donbuidb
@donbuidb Ай бұрын
Some of them charged $395 for a piece of crap
@b13turbo
@b13turbo 29 күн бұрын
You check how much they charge to install floor mats. It is crazy
@gordonmckenney4525
@gordonmckenney4525 23 күн бұрын
Last Door Edge Guards Were I've bought was $12 for A set of four Universal
@Iamthatiam00
@Iamthatiam00 Ай бұрын
They are still way too expensive $100k for a Ford Bronco!!. With the rise in interest rates, unemployment and no increase in pay raise makes these vehicles very costly.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
And TBH no body actually needs a Bronco Raptor and very few who can afford one will actually use it to destroy off road, lol. It would be much less expensive to build your own off road we with fewer electronics that can break while off road and potentially out of cell service.
@jddonahue2
@jddonahue2 29 күн бұрын
they increase prices 30-40% then give you a 5-10% discount and call it a sale? I dont think so.
@Space_Cowboy_Revolver
@Space_Cowboy_Revolver 29 күн бұрын
I still can't believe people will shell out money for a vehicle over 40k.
@madmatt1964ify
@madmatt1964ify Ай бұрын
This makes my head spin. So much money for a truck? Some houses cost less! Who's buying them?
@billyoh1966
@billyoh1966 Ай бұрын
Prices need cut in half, before anyone thinks about buying
@jmyers6175
@jmyers6175 27 күн бұрын
Cut the price in half. 🇺🇲
@hereweare9011
@hereweare9011 21 күн бұрын
Only way that will happen, moving forward, is a market crash/recession.
@farmer9180
@farmer9180 11 күн бұрын
$98000.00 for a f250 plus tax and tag over$100000.00 guess I will go out and buy2.
@Yaroshi86
@Yaroshi86 11 күн бұрын
Yep looking at used myself since the family is growing.
@MyLifeThai371
@MyLifeThai371 27 күн бұрын
My grandparents drove the same car for 36 years and the same pickup truck for 30 years. No reason to pay these ridiculous prices! Engiñes and transmissions can always be replaced when they wear out.
@GeorgeZimmermen
@GeorgeZimmermen 10 күн бұрын
They must have drove 1k miles a year if that’s true. That’s not feasible for normal people who actually do stuff instead of sit at home and wait for their social security check
@raymond_rnt
@raymond_rnt Ай бұрын
Toyota has lost its mind! WTF!
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
I think we can only assume the used 2024 4R TRD PRO in Terra also had between 2 and 22 miles, lol.
@breckfreeride
@breckfreeride 25 күн бұрын
Stelantis is worse... They raised prices 50% in the last three years
@MrTom-kl7hy
@MrTom-kl7hy 29 күн бұрын
I'll believe it when the companies stop overbuilding trucks. Where is the single cab, 8ft. bed small to medium sized truck that makes sense for so many?
@breckfreeride
@breckfreeride 25 күн бұрын
They should have done that 3 years ago but they were making too much money
@shoegum7362
@shoegum7362 Ай бұрын
Serves these dealers right for ripping everyone off for the past 5 years. Should ask for a $10k credit for being there to buy
@NGMonocrom
@NGMonocrom Ай бұрын
$86K for a used Bronco? Dealerships still greedy as heck. Just a tiny bit less so.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Yeah! I didn’t realize those originally MSRP’d for “only” 73k, lol. I can’t believe the dealer would post the original window sticker while asking 86k haha.
@gobsmacked230
@gobsmacked230 Ай бұрын
Evil bloodsuckers...y'all need to calculate the monthly payment with 20% down ,(y'all do have that don't you?). I have no idea who is buying these things...and how they're getting approved for the ridiculous, budget-busting loans. Wise up people!
@garrettjensen5647
@garrettjensen5647 Ай бұрын
That’s insane
@truthbetold9923
@truthbetold9923 27 күн бұрын
A ferd bronko that nothing more than a ferd escape repackaged...ferd quality job 1 is a joke...all brokecos being recalled already due to fire probably occurring due to plastic parts on fuel system... recall work doesn't fix the problem it's just a bandaid😂
@NGMonocrom
@NGMonocrom 27 күн бұрын
@@truthbetold9923 The Bronco is actually a very capable off-road vehicle. The Bronco Sport is a marketing joke that has nothing to do with the Bronco.
@jamespn
@jamespn 29 күн бұрын
In 1970 a new Ford Bronco with a 302 V8, am radio with a half cab was $4,200. Even then it wasn’t cheap.
@deanh7190
@deanh7190 28 күн бұрын
If you use an inflation calculator then that 4,200 in 1970 equates to $33,809 in 2024.
@breckfreeride
@breckfreeride 25 күн бұрын
​@@deanh7190and the new one comes with a crap turbo...
@jay-vd6rt
@jay-vd6rt 16 күн бұрын
The 60s and 70s broncos were built 10 times better than today’s junk!
@breckfreeride
@breckfreeride 16 күн бұрын
@@jay-vd6rt they were much more simple...
@EchoAccord
@EchoAccord Ай бұрын
90k is not normal for a bronco
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
I don’t think I specified that they are both Bronco Raptors, but yes, over valued.
@iTrove
@iTrove Ай бұрын
Completely absurd prices. I have to believe most people have completely given up hope and/or are simply ignorant about math and money. Really really sad.
@donays8241
@donays8241 Ай бұрын
Walk away, you have the authority, the power to say no. They will call you back and will offer you good savings
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
I once did that when selling a Tacoma and got a call a few days later offering me 4k more, which was finally a fair deal lol.
@audriusbaranauskas6227
@audriusbaranauskas6227 Ай бұрын
So the tables are starting to turn...Thanks for the info!
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Yeah, of course! I have a lot of fun checking out dealer lots in different towns. Overall on this trip things are looking a bit better, other than my concern with those TRD PRO models that are like “fake used”? I’d be curious to go back to Vegas and see if they’ve settled down any as that was the most extreme mark ups and add ons that I’ve seen period. 😟
@ryand4940
@ryand4940 Ай бұрын
Still haven’t turned nearly enough
@MichaelFort-jr3dp
@MichaelFort-jr3dp Ай бұрын
Buyer's done over paying ??? lol, those vehicles are STILL way too expensive. 95 thousand for a truck ? dropped to 75 thousand ??? omg, that's insane. Plus nobody wants EVS and now we're finding out that GM is moving to Mexico !!! If all these Trucks were 25k, 35k or even 45k, THEN I think people would come on out to buy vehicles. But, NOT when the average household income is 75 thousand for the average family. Let those trucks sit on the lots and rust. And with all the engine problems some of these trucks are experiencing. Thanks, but no thanks.
@cleverusernamecl5532
@cleverusernamecl5532 5 күн бұрын
Chevy sold over 550k Silverados last year, somebody is buying them.
@327musman
@327musman Ай бұрын
Small trucks like tacoma still twelve thousand dollars over what it should be. The full size trucks are even worse.When full size get down into the high 40s in mid-fifties.I'll purchase again until then.I'm out.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
I bought my 2017 Tacoma access cable new for 27k lol. And at the time a loaded Denali 6.2 Silverado could be had for
@mikeypoo2211
@mikeypoo2211 28 күн бұрын
I work at a Ford dealer. I've driven and worked on these newer trucks and SUV's. Been driving a leftover 2023 3.5 XLT CC F150 on odd service runs all week. Nice truck, comfortable, quick but not a gas hog. MSRP is I think a little over $60k, they probably have a $5k markup on top of that. Do I think it's worth that? No, nope not at all and especially for a mid trim truck or a pickup to begin with. I think they need really need to look at their pricing and packaging. I've said it many times before. They've priced these vehicles WAY out of the range of what the intended market audiences can afford or are willing to pay. The chasing of higher profit margins is gonna lead them all to ruin.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 28 күн бұрын
Absolutely! Thank you for sharing your experiences and opinion. 🙂
@ultimateinspector4901
@ultimateinspector4901 Ай бұрын
Collapsing, yes, but it has a long way to go before I buy another one. People are out here paying 800, 900 and 1000 dollars for cloth seats 😂. That was 300, to maybe 500 dollars 10 years ago.
@johnlacroix1639
@johnlacroix1639 Ай бұрын
All new cars an trucks looks like they should be in the comic books
@dannypinyan3949
@dannypinyan3949 Ай бұрын
If you lower interest rates, you increase inflation. If you raise interest rates, you raise the interest on the debt, which is already 1.6 trillion dollars. We're the brokest country in the world. We just don't know it.
@jmyers6175
@jmyers6175 27 күн бұрын
You're right 33.1 trillion and climbing.
@coryhamelehle6439
@coryhamelehle6439 Ай бұрын
I really like how you brought up average family household income. Because it really shows that a majority of people cannot afford these 'work' trucks. It's pretty bad when you can either have a truck, or a downpayment for a house...
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Yeah, absolutely! And if it’s wise to spend less than 10% of your income on all transportation costs that puts the average family at about 4$-500 total expenses (insurance, gas, tires/maintenance and a car payment??). I don’t know how the average family gets by in this economy… 🤒
@siseley1
@siseley1 26 күн бұрын
@@AutomotiveAnonymous208 SUPER LONG CONTRACTS...SUPER HEAVY IN DEBT
@AutomotiveAnonymous208
@AutomotiveAnonymous208 25 күн бұрын
It’s a trap!
@beeslandscaping
@beeslandscaping Ай бұрын
You better believe it, especially they’re gonna keep raising interest rates who can live anymore.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Seriously! It’s wild how much more difficult it is for people to start out or even get by now than just a few years ago. 😕
@jamesdallas1493
@jamesdallas1493 Ай бұрын
Bring back the Toyota Yaris, Honda Fit and the Chey. spark.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Yes!! And a more safe version of the Mitsubishi Mirage. I reviewed one last year and had a lot of fun with that video lol.
@JohnDoe-xm9ql
@JohnDoe-xm9ql 27 күн бұрын
With these discounts... They are still way more expensive than they should be. Waiting for pigeons to land 😂.
@Jenna08848
@Jenna08848 Ай бұрын
2023 lightning with a 2 year old battery. Wow what a bargain. NOT!
@dannypinyan3949
@dannypinyan3949 Ай бұрын
The interest payment on our debt is 1.6 trillion this year. We owe 36 trillion if I were to give you a dollar a second. It would take me 32500 years to pay one trillion dollars.
@Moondoggy1941
@Moondoggy1941 Ай бұрын
15:51 A couple of reasons why it has 22 miles on it, they wanted to be able to sell it for a lot more money than the MSRP, so they drove it to get coffee and now our selling it as a CPO and the other reason is they get the credit for selling the vehicle as new.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Such ridiculous reasons, but I’m concerned that you’re exactly right haha.
@jmyers6175
@jmyers6175 27 күн бұрын
That's what car salesmen do. Play with the numbers.
@Moondoggy1941
@Moondoggy1941 27 күн бұрын
@@AutomotiveAnonymous208 what Heard that the manufactures were telling the dealers that if you mark up your vehicles we will reduce your shipment, so to kill tow birds with one stone, sell the car to yourself, drive to the gas station get a coffee and then sell it as a CPO for 7 over MSRP, they could have been caught with a glut of used cars and no buyers.
@jerrycarter1928
@jerrycarter1928 28 күн бұрын
One of the hidden costs of owning a truck - the insurance. I had a 2002 F150 with a V-6 with a clean driving record - it went up 50% in the last year. I was shocked.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 28 күн бұрын
Ouch 🤕
@jmyers6175
@jmyers6175 27 күн бұрын
Most buyers of full-size trucks pass the Tundra. Twin turbo v6 highbrid for a better v8 or diesel. Tundra should have kept v8. Now garbage.
@Jay-bw3fl
@Jay-bw3fl Ай бұрын
Not gonna lie the clickbait thumbnail made me click just to find out where 4runners where $19500 off lol good one
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Oh sorry about that! I really like 4Runners so I usually include a line of them as the cover photo unless I find a better line up on cars. The price drop is usually the biggest mark-up or decrease that I can find between lots…😅
@electriclott
@electriclott 29 күн бұрын
How is the regular working guy EVER going to afford even a 70k truck?? I have no idea who they are making these trucks for.
@georgewashington7574
@georgewashington7574 23 күн бұрын
The government and share holders
@Outlaw0311
@Outlaw0311 14 күн бұрын
All of this is a stepping stone to force the masses in government transportation
@jimeditorial
@jimeditorial Ай бұрын
The middle class is disappearing....Detroit only builds for the top 10 percent of the market. We're going to see Chinese low cost vehicles in many American driveways. Most people need to go out the door at under 30K
@cleverusernamecl5532
@cleverusernamecl5532 5 күн бұрын
LOL, well well new car sales are not down over the last 10 years, so who do you think are buying these?
@jimeditorial
@jimeditorial 5 күн бұрын
@@cleverusernamecl5532 7 and 8 year loans and low interest rates....
@4runner4ever83
@4runner4ever83 Ай бұрын
Those with the money and dont care about the price don't really help lower the cost. If everyone dont buy for this insane prices, they are going bankrupt. Buyers have the power if we unite.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
💯
@michaeltipton5500
@michaeltipton5500 Ай бұрын
Some of these trucks cost more than my new house did back in 1996.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
That’s crazy, lol. I can’t imagine saying that, but I’m sure in 15-20 more years I’ll also be saying that if things don’t change! 😅😳
@stub4488
@stub4488 Ай бұрын
I went with a female friend to help buy a car. At the end when they handed over the keys it was a different car with less bells and whistles.
@dosstodd8014
@dosstodd8014 Ай бұрын
I would say the reason you see used 2023 or 2024 models on the Toyota lot is they came out of the Toyota Rent A Car department at that dealership. Very common practice.
@user-vi2dk1qz5f
@user-vi2dk1qz5f Ай бұрын
People need to stop buying new cars for a year. The car companies will get it.
@jimijamessegoviafeerick1355
@jimijamessegoviafeerick1355 14 күн бұрын
Hey, Thanks for some good info. I liked the format and I'm looking forward to your next video. Hopefully we'll see some trends indicating a price rollback by dealership says as well as the manufacturers. You're right. Prices have come down but only slightly. These guys used the pandemic and it's impact on supply to jack up prices. But so did the manufacturers. Yeah the dealerships marked vehicles up over MSRP and many nitwit customers are to blame for encouraging this behavior by actually paying those exorbitant markups. So now when you look around at the landscape, new vehicle MSRPs are obscene and used car prices are terribly inflated as well. The $3,000 to $8,000 discount that we are now beginning to see is nowhere near enough. I think the effect of inflation on food, energy, mortgage rates, rent, gasoline, you name it, is beginning to finally wake people up. I believe many people are digging in their heels and they're not going to be purchasing a new car anytime soon. Let these guys all sit on their huge floor plans and think about all the years and all of the people that they have gleefully ripped off ! Thanks again
@AutomotiveAnonymous208
@AutomotiveAnonymous208 13 күн бұрын
My pleasure, thanks for watching and for sharing your insight! Also, I published my next version of this video yesterday. Thanks for choosing to watch, I really appreciate it! 🙂
@michaelabell2332
@michaelabell2332 Ай бұрын
Love to buy a tundra. But they have to come wsy down before I even consider buy one.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
The new Tundras look so sweet! But 50-90k…😨
@reginaldsandiford801
@reginaldsandiford801 Ай бұрын
I just want to say great video and very well done. Thanks for looking out for us. You mentioned you switched to Subaru. Do you plan on going to a Subaru dealership and making a similar video?
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Thank you, I really appreciate you deciding to watch it! I’ve actually gone to a Subaru dealership in 1 or 2 of these videos, it was near the end of the video. I wanted to show a really good and transparent dealer, similar to what this Nissan/hyundai dealer group seemed to be like. Where every car has a bottom dollar price and below MSRP, and many even showed low interest rates as well. But because this type of video I literally title and cover photo basically the exact same (with subtle photo differences) I don’t know which one it was without clicking through them, lol. 😅 I loved my two Tacomas, but for my needs I find Subaru is a better vehicle and value. I have lots of Subaru videos and reviews on my channel.
@javierhowe3665
@javierhowe3665 28 күн бұрын
Think about it like this. These manufacturers take a fair bit of money to make these cars so there’s a reason they are going to be expensive with or without the markups. But it also does come down to who will buy those cars for those inflated prices because the only reason they would mark them up is if they feel like someone will pay the added amount for that variant of car. Which is exactly why people not buying it did the exact opposite and I think that’s why we see the market starting to decline. We are the biggest advocates for the prices. What we are willing to spend and what we are willing to live without makes the market what it is. Agree or disagree. The proof is literally right there lol
@cmiles97x38
@cmiles97x38 Ай бұрын
You need to look at the pricing fine print on the websites. So many are adding thousands to the advertised price with "club" charges with things the dealer adds on and FEEs.
@OGsteve205
@OGsteve205 27 күн бұрын
MSRP on vehicles need to come down 25%-30% before I will even consider looking for a new vehicle.
@davidstadtmiller8904
@davidstadtmiller8904 Ай бұрын
Great information 😊😊 Prices are insane 😮😮. Manufacturers must feel that Leases are going to move all their overpriced inventory. Too many models with way to many trim levels.😮😮😮
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
And many manufacturers keep adding more luxurious trim levels and building those rather than the more affordable basic transportation trim levels that most people probably care for and ultimately can afford.
@robertf3340
@robertf3340 Ай бұрын
Come to Southern California. You won’t see any of those mark downs at my local Ford dealer. In fact, they’re still selling the Bronco Raptor for 15k over and the Raptor R for 100k to 120k over MSRP.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Oh gosh! 🤮 in your case it’s absolutely worth a road trip to go buy elsewhere lol.
@robertf3340
@robertf3340 29 күн бұрын
Yes but unfortunately my own truck has taken a 20k depreciation hit in less than two years. Not sure I’ll be buying anything
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
What truck did you buy? I’m sorry to hear that!
@robertf3340
@robertf3340 29 күн бұрын
I have a 2022 Ford F150 Tremor. Paid MSRP of 75342 but I had to fight and search to get that. Found one dealer that would sell for that and the rest wanted 10k over MSRP
@truthbetold9923
@truthbetold9923 27 күн бұрын
Any new vehicle loses $10000 the minute is bought and driven off the lot🤪
@1Springloaded
@1Springloaded Ай бұрын
Travel a little. Save a lot. Sounds like good advice.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
Assuming someone isn’t concerned their current vehicle could safely make it to the out of town dealer and they don’t mind immediately putting some miles on their new car. Why not make an adventure out of it? 🙂
@1Springloaded
@1Springloaded Ай бұрын
@@AutomotiveAnonymous208 I did hear of a man who hopped a flight to Boulder CO. From Florida. Picked up a Corolla for 5k less. Enjoyed his drive home.
@lav1daloca
@lav1daloca Ай бұрын
Never pay what the dealer is asking, always offer 15-20grand less go with cash tell em take it or leave it
@HDHQDIRECT
@HDHQDIRECT Ай бұрын
Yeah, Ok. 🤡
@michaelb.8953
@michaelb.8953 29 күн бұрын
Going in with cash you'll 100% lose the deal. Finance it and then immediately pay it off with that said cash two weeks later. Car dealers don't make money from cars, but rather loans.
@Hschlick84
@Hschlick84 29 күн бұрын
Those lower interest rates are based on prime and above buyers. Non-prime buyers with 620-650 expect to pay more interest unfortunately.
@bobfox2733
@bobfox2733 Ай бұрын
With twin turbos & Hybrid motors part hybrid or full hybrid blind spot monitoring adapted cruise & infotainment system break other things won’t work. People just need safe reliable get you around vehicles not all those the things that break & costly to fix. Vehicles could cost much less. But I guess with all the options & add ons way more profit. But too expensive for most buyers.
@mothershiplove6078
@mothershiplove6078 Ай бұрын
while in mexico you can buy a stripped ranger for 10 grand,
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
It’s sad to see all the decent displacement NA engines that regular mechanics can actually diagnose and fix disappearing. 😔
@ien2023
@ien2023 Ай бұрын
Wait I thought Ford Maverick is actually doing good? Since when $86k Bronco is normal? I thought they were in the $50k?
@AutomotiveAnonymous208
@AutomotiveAnonymous208 Ай бұрын
I’ve honestly hardly seen any Mavericks on any Ford lots, and most of the ones I’ve seen have been really loaded hybrid examples that are like $40k. And these two Broncos are Bronco Raptors, which are the most extreme off-road version.
@RayT70
@RayT70 28 күн бұрын
Yup, prices are crazy.
@johnjon1823
@johnjon1823 Ай бұрын
I have a 1979 300 sitting in my garage, have not run it in YEARS has maybe 60K on it; for WAY WAY less than the price of a new car I can resuscitate that thing and drive for 10 years no problem, SAame with my 2013 jeep with 195K on it, I ca fix that forever and get another 10 years out of it. Why pay these thieves a dime.
@10glocks40
@10glocks40 20 күн бұрын
The 2022 Bronco only has 4,000 miles because that's as far as it will drive without breaking down.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 20 күн бұрын
Haha 😆
@michaelabell2332
@michaelabell2332 Ай бұрын
I will check in 6 months they will be giving these away.
@joesammut3773
@joesammut3773 25 күн бұрын
when they show the factories building cars with robot machines, i would think that the price would be less. but that is not the case. that is a lot of money, when you have rent health insurance and food and car payment
@BTC909
@BTC909 27 күн бұрын
You can charge more interest on a "used" vehicle. This is also a game dealers play with floorplanning costs.
@JR_99_97
@JR_99_97 27 күн бұрын
There should NEVER be a bronco, f-150, Colorado, tundra, Silverado, Tahoe.... over 60k.
@CheerfulTent-ww4hr
@CheerfulTent-ww4hr 13 күн бұрын
I go to dealerships on the weekends just to have a big laugh 😂😂 When some salesman comes we tell them just here for a laugh 😂😂😂😂😂
@AutomotiveAnonymous208
@AutomotiveAnonymous208 12 күн бұрын
Hahaha 😂
@MrBobby6343
@MrBobby6343 Ай бұрын
Add on’s is just that ADD more money to American products that loses value monthly and yearly! This is why I have a 2005 Toyota Sequoia. 400000 miles. Engine and transmission new replacement only cost me $9000.00 runs like a new vehicle at a fraction of the cost of a used vehicle.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
That sounds like a keeper! Especially in todays economy.
@jessjohnson2634
@jessjohnson2634 12 күн бұрын
I am seeing 10k off MSRP in AZ on GMC Sierra 1500 Elevation trucks, but it is still way too high in my opinion. This trim should be no more than 45k OTD and they are still about 55-57k OTD.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 12 күн бұрын
Absolutely agree! 6 years ago you could easily get a full size Z71 Silverado for like 36k after a few discounts.
@lumanid73
@lumanid73 16 күн бұрын
90K Bronco?!?!?! Never! Even if i had the money for it, Never!
@costcontrolaccounting4613
@costcontrolaccounting4613 27 күн бұрын
A nicely done Bronco is a $38,000 truck. If you pay these prices, you get to work for the owner of the Dealership, not your own family. Don't do it!
@LilAk74
@LilAk74 Ай бұрын
75k still too much imo i can get a nice fully loaded pimped out older model for less
@williamjones7821
@williamjones7821 Ай бұрын
Make sure they don't add-on the VIN-etching on the non-existent catalytic converter on that battery-powered Ford Lightning pickup. At least one other KZbin video shows a "Monroney sticker" where that was added on ! They thought the buyer wouldn't notice !
@mothershiplove6078
@mothershiplove6078 Ай бұрын
the lightning is electric. No cat
@AutoPainter86
@AutoPainter86 12 күн бұрын
I'd hate to have to tell you this but all dealerships are marking everything up. The Ford bronco for instance with its base model MSRP starts at around $39k which is still entirely too high for that vehicle. 130K and/or 90k is absolutely laughable to say the least.
@user-gb9vv5ey2w
@user-gb9vv5ey2w 26 күн бұрын
These prices are outrageous!
@AutomotiveAnonymous208
@AutomotiveAnonymous208 26 күн бұрын
Absolutely!
@ernestgalvan9037
@ernestgalvan9037 25 күн бұрын
Nice looking VW’s… wonder what the specs are.
@01tonka87
@01tonka87 29 күн бұрын
Does Broncos are 60k over pieced
@kevincamilleri1695
@kevincamilleri1695 29 күн бұрын
Anon… because the dealers let prospective buyers drive brand new vehicles or drive vehicles from other dealerships for a sale. As long as they don’t exceed 100 miles the government lets them sell them as new.
@DavidMartin-hv3mn
@DavidMartin-hv3mn 28 күн бұрын
Yeah, the one you were just showing for 80 85000 final payment on. That's only a $43000 truck. There's no deals there yet.😅
@richardfowler3254
@richardfowler3254 Ай бұрын
As far as I am concerned, all of those extremely overprice vehicles can just sit there and ROT. These vehicles are losing value every day, the costs to the dealers are going up with the loans they take out to put them on the lots. Their "Floor Plan" payments must be insane. These dealerships and manufacturers are wanting the public to bail them out for their unfair business practices... In January of 2020 I was able to get a new to me (used) truck to pull my trailer and it was ana awesome deal that I got. I was able to get a one-year-old truck (2500 RAM) for under 30k with 0.9% rate. Those deals will need to come back before regular people can even think about getting back into the car market.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Absolutely! That sounds like a fantastic deal by today’s standards, lol. Was it a 6.4 or Cummins?
@kennethmasihdas1316
@kennethmasihdas1316 29 күн бұрын
As much as people might not want to believe it, that wouldn't happen again until Trump is back in office. Creepy Joe is the opposite of King Midas, everything he touches turns to poop.
@richardfowler3254
@richardfowler3254 25 күн бұрын
@@AutomotiveAnonymous208 I have the gas engine, I am glad because of the cost of diesel and the additional emissions controls now required...
@fawadali135
@fawadali135 29 күн бұрын
I don't understand how can people spend $80k+ on a car. If you make a million dollars a year then fine but for the rest of us, this is insane. I am not biyying anything over $30k. A used car works just fine for me. The best car is the one that is paid off.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
100% agree! People give up way too much of their lives paying for depreciating liabilities like a car they can’t truly afford. 😞
@flpete
@flpete Ай бұрын
Hello AA, just learned all 24's Tacomas are built in Mexico with cheaper labor & yet prices gone up by $1000's. Saw an loaded Tacoma at a Florida dealer for $57K. This may backfire on Toyota.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
Thanks for sharing this! Yeah, my last one was build in South Texas, now they’re all the way to the Mexico assembly plant. Obviously not ideal, but I have heard people seem to think the build quality and fitment is solid. I guess time will tell! 🙂
@Will_b83
@Will_b83 13 күн бұрын
The dealer markups have given way to the manufacturer markups.
@ConstitutionCurt
@ConstitutionCurt 22 күн бұрын
MSRP was always suggested not the “price”. What happened to the savvy buyer?
@AutomotiveAnonymous208
@AutomotiveAnonymous208 22 күн бұрын
That’s a great point! We really do need to keep that in mind and that it’s the “suggested retail price”, which is always the most expensive price point an item should have.
@techvof
@techvof 28 күн бұрын
You'd have to pay me to take that lightning
@AutomotiveAnonymous208
@AutomotiveAnonymous208 28 күн бұрын
Yeah, lol. 95k MSRP for an EV truck I’d be being a Cybertruck Cyberbeast or a loaded out R1T. 🤪
@TheYurisam
@TheYurisam 23 күн бұрын
Maybe the missing door edge guards are invisible! 😂
@AutomotiveAnonymous208
@AutomotiveAnonymous208 23 күн бұрын
They very well could be, just like the cash in your wallet once paying for them. 😅
@robertratliff6030
@robertratliff6030 14 күн бұрын
We have a 2000 tundra and a 2007 accord. We bought these vehicles 24 and 17 years ago planning that, barring an accident, these would last us until we can't drive anymore. 20 years ago I also bought two Honda motorcycles to last until I can't ride anymore. The advice of someone in their late 60s is to plan and pay cash. So with no car payment and no house payment, we live well on our social security
@AutomotiveAnonymous208
@AutomotiveAnonymous208 14 күн бұрын
It’s so crazy to think that those vehicles are that old now, those years really don’t sound that long ago. Paid off cars and your home is definitely the way to ago! And definitely before retirement age. Well done! 👍
@rastus666
@rastus666 28 күн бұрын
$93k for a Bronco? I’d rather drink battery acid. I wanted a 3/4 ton pickup to drive while my old truck is being restored. I wanted a GM, but on their lot, $80-90k was the price. I found a Chevy 2500 HD from one of the good years, 06, for $10,600. With tires, stereo, and topper, the total price was under $17k. I’ve put 10k miles on it in 4 1/2 months. No leaks, no drips, no problems. Pulls my 8,000 pound camper just fine. Shop around.
@ernestgalvan9037
@ernestgalvan9037 25 күн бұрын
At 14:00 he’s wandering the used cars at ‘Wills Toyota’. But I found at least two, one in Twin Falls Idaho, the other Ames Iowa. Anybody know which this is? I’d like to see if a couple used cars are still there and check them out.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 25 күн бұрын
This video was in Idaho. Best of luck in checking out their VWs! 🙂
@ernestgalvan9037
@ernestgalvan9037 23 күн бұрын
@@AutomotiveAnonymous208 ..thsnks for the location info. I’m too busy until Wednesday morning. I’ve been searching for a good used vehicle, my son needs one, he just got out of the navy and needs some inexpensive wheels.
@joshuamoore24_7
@joshuamoore24_7 27 күн бұрын
The prices have been around double compared to the early 2000's.🤔
@AutomotiveAnonymous208
@AutomotiveAnonymous208 27 күн бұрын
I wish we still had those prices!
@ryand4940
@ryand4940 Ай бұрын
I need these videos to remind me why I drive my Chevy bolt (bought for 8k) and have a 1999 LX470 as a backup. Both run great and combined cost me a total $14,500. I own them obviously. Yeah I’ll just keep them and drive them.
@AutomotiveAnonymous208
@AutomotiveAnonymous208 29 күн бұрын
That’s a great combo! And no car is better than the paid off car. 🙂
@finallythetruthisout761
@finallythetruthisout761 29 күн бұрын
Dealers idea of a deal and my idea of a deal are still way apart
@hynsum
@hynsum 27 күн бұрын
What are the two asterisks next to Sale Price** ???
@AutomotiveAnonymous208
@AutomotiveAnonymous208 27 күн бұрын
I’m sorry I’m not sure which frame you’re referring to? I’d assume that means the dealer has a specific stipulation on the price and it might not be so straight forward? 🤷‍♂️🧐
@davidnelson6893
@davidnelson6893 14 күн бұрын
Yes you got right
@markunwin2313
@markunwin2313 6 күн бұрын
I can't wrap my head around on how people can justify in their head spending that much for a car. No wonder they're almost broke. My current vehicle cost $17000 and runs great
@californiaswimteam
@californiaswimteam Ай бұрын
good sign. share the wealth bro
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