This Is What A RECESSION Looks Like IN THE CAR MARKET

This Is What A RECESSION Looks Like IN THE CAR MARKET
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices

[@vee985]

The new car dealers enjoyed the party. Now they can deal with the hangover.

[@RD-ce6bb]

Well said 👍

[@angelinaferguson1307]

One reason why your car lot is empty is because you are a good dealer. You fix the cars you buy. Good reputation in your area.

[@user-sf7kl9uh7k]

He's a sweet lad

[@luckybreak360]

Lol I certainly hope so

[@SportsSharp412]

No, it's because he's a KZbinr now. Pretty simple.

[@rightsdontcomewithpermits7073]

😂😂😂😂 no way he truly fixes them. I fix cars for living. Just got one for 6k and put around 8k to fix most of the issues. And hopefully it will go for another 200k miles. So there is no way he actually fixes them.

[@jeffreylinde4381]

@@rightsdontcomewithpermits7073if you bought a car for $6k and then put an additional &8k in it, someone saw you coming. Some times you can’t fix stupid

[@mph5896]

Last month, I flew to Texas to buy a rust free 10 year old truck and drove it back to the rust belt. Coworkers think I am crazy for doing that. Nope, I got a rust free truck I am going to drive for the next 10 years for $8k. Well worth the $300 plane ticket, $300 in fuel and the 2 days to get home

[@OtisFlint]

This is the way to do it. Fluid Film it every fall and it'll last 20 years instead of 10.

[@mph5896]

@@OtisFlint yes sir, have 1 gallon of fluid film ready to go. Same truck in my area is the same price with fist sized holes in the cab corners

[@beefnacos6258]

Add in 6k for repairs minimum but ya

[@mph5896]

@@beefnacos6258 I fix my own stuff. 1/10 of that to go through it mechanically.

[@beefy45]

Im looking for a 2012 colorado for the same reason

[@bradcouch6898]

As someone that has been in the car business my entire life, Im 43. This guy's content is phenomenal. Truly honest behind the scenes look. Great Job! The 5k niche and under is actually helping folks and you are servicing a niche that is problematic to say the least and your'e successful. Spot on and great job!

[@user-oz3nx1fm2p]

how hard is it for you to get 1250-1500 profit on every deal? Him calling dealerships greedy is a joke. You can't blame dealerships for the rates for insurance and interest that is their own fault. How long do you think a 150-200k mile cars are going to last? And his concierge service he and the car edge guys he's shooting to for 3k per car. Gee your the only dealer that has expense like reconditioning, transport. I would like to he his proof of dealerships making 4k+ per deal.

[@luckybreak360]

Divk rider

[@rightsdontcomewithpermits7073]

Lol. Not really. Those cheap cars have many issues. And many of them will need an expensive fix in the near future.😂

[@jeffreylinde4381]

@@user-oz3nx1fm2pnew car dealers are making $4 k off just surcharges like $2k for paperwork, special finishes….. etc

[@paulsammon538]

Instead of payments you have constant repairs

[@boss302nard]

I’ve been driving the same vehicle daily for 12+ years. I’m in the process of “restoring” it now. It’s still worth about 50% of what I paid. I was almost ready to upgrade in 2020… If you take care of your stuff and it will take care of you. Try to wait this out, and don’t spend money you don’t have or can’t afford. Always remember, comparison is the thief of joy. Your only opponent is YOU.

[@Steven-kc7id]

It’s a 4 runner isn’t it 😂

[@undivided_unified]

Kind words and genuine sentiment with quality intentions. well done!

[@boss302nard]

@@Steven-kc7id it’s a 5.7 Tundra, but my next vehicle is a 4 Runner. 🤣 My dad has a 99 Land Cruiser with 285k miles and it runs like new.

[@boss302nard]

@@undivided_unified thanks! Likewise!

[@sengyang6780]

Same here, I bought an 02 accord in 2012 and still driving it today it's reliable.

[@OG_ArthurSlugworth]

Even though I have the money to buy a new car I just won’t. Worst investment I could make. All my friends have 100k cars and are upside down 30-40k right now but all they care about is looking “rich”. Best part about buying my shit boxes and driving them for 2-3 years without payments is they never want me to drive when we go out 😂. Save on payments and gas.

[@marcotsubero]

💯! People are still trying to keep up with Jones,

[@NowAmFound]

I drive a paid off 2013 outback. I almost got sucked in back in 2020 myself

[@xanderlander8989]

This guy gets it.

[@anotherperspective6247]

I drive a 2007 Honda Civic Hybrid with 145k miles on it I bought new & now have a 7-figure net worth. I had nothing but student loans when I bought it & a negative net worth of -80k from them. This car is right in the sweet spot mentioned of ~$3,500 from a dealer but I'm not interested in upgrading if I can get another 80k miles out of it--my car cost ALL in including off street parking, insurance, gas, city sticker, tags, maintenance & depreciation is ~$300/month.

[@GeorgeDillard-df8ki]

Lol! That's rich

[@brianjohnson3833]

Don't forget that charger might be 20% under MSRP, but it's still marked up $30,000 over MSRP then it was 4 years ago so there's no savings

[@diegoharo7943]

Exactly a new v6 was in the mid 20k and a rt was 30k. A cat was 50k

[@9libertybell]

Before the pandemic, you could buy a Dodge Ram for around $22k.

[@truckercowboyed2638]

​​Not only the pandemic but the plandemic, massive wealth left the middle class COVID was just the excuse to get it started @SportsAutodidact

[@rightsdontcomewithpermits7073]

2019 charger sxt 29470$ 2023 charger sxt 34730$ So you are full of 💩.

[@rightsdontcomewithpermits7073]

2019 charger sxt 29470$ 2023 charger sxt 34730$ So you are full of crap. 😂

[@carmenhealer4635]

Never had a car payment until I was 31 years old and had a phenomenal job. Paid it off in 20 months. That was when I got a new Acura for 12,500 and 235 dollar car payment for 3 years. Kept it for 16 years. My husband’s cars have all been used paid in cash. Car payments seem scary. You are providing a great service.

[@user-xk4vt9ye8j]

I know how you feel, I hate owing money. The only car loan I didn’t pay off early was a 0% for 5 years.

[@davidbrayshaw3529]

I borrowed $3k, to buy a cheap second-hand car, just after we bought our house, 25 years ago. Our "just in case" money went quickly on a sewer and a hot water service. The our old car spectacularly failed. It was going to cost more to repair than it was worth. I still haven't forgotten walking into the bank on payday, withdrawing cash, going to the bank next door and handing the cash over the counter there. Never again.

[@Bewefau]

in 2008 I bought a brand new ford focus for 16k not sure why there so damn expensive now.

[@brianwashere7966]

We're headed the way of Cuba... Keeping 60 or 70 yr old cars running until they literally disappear into dust.

[@dillon_r_hansen]

Hell yeah, cool by me. All my time spent and knowledge earned is paying off even if it isn’t in the form of a check anymore.

[@danbooher5843]

I made a car dissappear in the dust the other day, I think it was a trooper. 😂

[@BasementPepperoni]

Unfortunately our cars these days are made out of plastic

[@Dfgbuiiyyyybb]

lol you think these cars will last 60 or 70 years 😂😂😂😂. There’s so much complex plastic crap in them. Let me give you an example. My girl friend has a Honda H-RV from 2016 it has 95,000 miles on it… guess what’s starting to go… the push to start button is slowly dying because sometimes when you push the button it fails to start you need to do it 2-3 times.

[@Bekssss]

To dramatic, more like UK or Spain , France they all been on top but not anymore but still around...

[@markrudolph683]

America is full of people that live in the moment. All show and no go.😂😂

[@ag4allgood]

YOLO ( you only live once ) mentality ! Those are the people experiencing the crushing high interest rates on their debts. Living below your means is not a popular way of living but I did it for many decades. It has helped me to pay off my home / my car & all my debts. Once its in your blood its hard to stop !

[@johnstevens6565]

Finding honest dealers like Brandon is becoming more difficult in these time. Thank you for honest insight and helping your local community without the greed!!

[@WilliamHyres2112]

I'm glad your doing so well in this market. You are doing a good service for people that need affordable cars. Good man.

[@bcwilliams6147]

Cash cars always work, it’s only the type of customer is changing.

[@Jaypeeco]

Brandon. When their situation is better. They still need to buy from you and be smart with their money.

[@silviabrown3013]

But they won’t 🙄

[@rightsdontcomewithpermits7073]

Buying a broken product is being smart with money? Ok.

[@tombob671]

Let's see, honest guy, no games. No trickery affordable prices. No wonder he is sold out. Good for him.

[@matthewhussey4523]

I daily drive my 77 F100 with a 300 inline six, and dont care what anyone else thinks. My truck has been restored and has everything I need in a vehicle. I bought it in 1997 and have had a lot of good memories. Friends of mine have went through a 6-10 vehicles while im still cruising with no car payments

[@joshv1440]

I made a offer on a new car a week ago for only a $1000 less than what they were asking and this chevy dealer let me walk away.. they must not be that desperate to sell as you say

[@chucke756]

Clowns

[@EmmyPierz-ek7hi]

@@chucke756CLOWN$

[@Memes-du3fp]

Same, I went to multiple dealerships and they all let me walk… and m in NYC

[@mfmcintyre]

Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security

[@JasperMaartenHoutman]

I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days

[@grizbaseball]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@faysdt414]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@MeliszaMagalyMezaEspinoza]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@alasdekarton]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@Greg_Chase]

I learned something from a finance channel I follow: "The Three P's" - Positive - Professional - Polite Brandon has this nailed, and if you compare to other channels you instantly understand the appeal. "The Three P's plus T" - Transparency, fair dealing. Brandon for President. I don't know his political affiliation but he comes across as rational also, and we desperately need these attributes in leadership. .

[@ag4allgood]

I thought the 3 P's were : - Price - Price & - Price !

[@Greg_Chase]

@@ag4allgood Maybe. I think for being good at growing an audience, you need charisma and awareness of what most people respond to. This guy has a dedicated following because he has an ability to appeal to a lot of people. When I said "I learned about the "3 P's" from a finance channel author, that's coming from a person (me) with sort of low awareness on what people respond favorably to. I've never posted on social media. The other channel is "Bookkeeping Expert" I contrast that channel and Brandon's skills with other social media authors who sort of lack awareness of why people abandon their content. I'm a business owner and Polite, Professional, Positive is a welcome thing in content authors. But it's not that common. Brandon has great macroecon information (the auto market in the U.S. affects almost everyone) but he has a sense of what people will respond favorably to, also. Lots (most?) channels that have the first, don't have the 2nd.

[@seekingserenity1902]

You are really doing a good thing by providing such an affortable price point. More people are going to need it from here on out.

[@elchapitodeguerrerofans4640]

The only problem with this is you are getting to the point that buying a 15 year old car with close to 200k miles can be tricky and a money pit. If you live in a small town where you could afford being stranded in the middle of the road, go for it. But this type of car might not work for you in a big city where you need to drive everyday in the highway for 30+40 minutes and standing in traffic for another 20 minutes just to go to work for the minimum wage or close to minimum wage

[@donaldlyons17]

Right!!

[@elchapitodeguerrerofans4640]

@@donaldlyons17 🙂

[@donaldlyons17]

@@elchapitodeguerrerofans4640 Yeah I have often thought the same because my cheaper 2 to 4K cars required maintenance averaging about $2,600 per year over about a 12 year period!!! So this time I just bought a 14K car yet have not had any maintenance cost thus far totaling $2,600 per year!!

[@josephszot5545]

Ones who overpaid like before should never go near any car lot, they are over their heads tying to buy a car.

[@musclesmouse]

Your honesty probably getting you repeat business and get good word of mouth.

[@bryanhill3041]

I have never bought a new car! Lots like yours are my bread and butter! I won’t be able to afford mods if I buy new. Cars that are in lots like yours have tons of aftermarket support to increase power ,add longevity and efficiency. And I hate car payments!

[@billlynn8256]

The Beater King rides again.

[@pmscalisi]

I’ll take a beater any day.

[@MisterAnderson-rr8ec]

Bought a 2014 subaru in late 2016 for $15.5k with 40k miles. Checked recently and same year same car but 130k miles is $16k 😂😂😂 The economy is totally f*cked 😅

[@Johnny-yx2qx]

Plus it’s a shitbaru

[@MisterAnderson-rr8ec]

@Johnny-yx2qx it's actually been OK to me, aside from a recurring ac switch problem (switch has burnt out three times now), and it seems to burn oil a little more than my last car(0w-20 though so maybe that's just expected). Only other thing is the transmission has started slipping on really hot days or really cold days like sub 40 or over 105 but I haven't had the transmission flushed ever and it's at 140k, still on my to do list lol

[@MisterAnderson-rr8ec]

I have heard people say subarus last a long time as well as people saying they suck and blow the engine at 140k. Mines at 141k so keeping my fingers 🤞

[@user-lu6zd7hj8s]

A car is an appliance treating it as anything other than is why we have problems.

[@jamesguptill6611]

Proper thing Brandon. A car is a tool, keep it cheap, and if you take care of it, it gives you value. I wash and wax my 2016 Passat with almost 300 grand on it. I feel just fine about it, comfy, cheap and it makes me smile.

[@fredEVOIX]

only works in the US in europe they choke you with taxes and controls to make sure you change all the time, right now if i switch from my 2.3l turbo ice to a 2.5 hybrid I would pay 900$ less in taxes for 2024 next year it's probably going to be 1200 saved then 1500 etc...for the same reasons most european drive low displacement, it's heavily taxed here by our green politicians another example is that as people try to keep their 20y old cars more they introduced a law making it illegal to drive too many miles on your "museum piece" and banning them from towns

[@michaeljkowar]

How’s those 3 timing belts doing? 😂

[@jamesguptill6611]

@michaeljkowar still on the factory original.....seriously. but ir t needs ti be changed. The Oassat has been trouble free for almost 8 years.

[@ScottishTerrorsInLA]

@@jamesguptill6611 You might have a timing chain if it lasted that long. Get the chain guide replaced at least. That’s what disintegrated and caused my 2007 Passat’s demise at 189,000. Those are fun cars.

[@jamesguptill6611]

@ScottishTerrorsInLA thank you, I will check that out!

[@madmatt1964ify]

Why do so many people say that the economy is great, but no one can buy a new car because of high interest rates, and soaring prices everywhere else.

[@jeffnoob8448]

Bidenomics 😅😂 Sorry, I had to say it 😢

[@raiden031]

Democrat state media

[@billfoeller4606]

Because their democrats and lying

[@danielsnyder2288]

Just because cars are too expensive doesn't mean the economy is no good

[@tacticalteddy5556]

​​@@danielsnyder2288and why are cars to much? Inflation. Which makes EVERYTHING cost more And wages are not keeping up with inflation. Which = economy is not good.

[@actualfacts1055]

Consumers are being forced to be careful with their money, not a bad thing in the long run to avoid getting into debt.

[@markscott9622]

Because YOU know that market and the customers, and they do not! Thanks for being in this market.

[@rod6189]

Just Bought a 2500 ram diesel crew cab 2006 long bed 4x4 with 68000 miles for 12k out of the door from an small used car dealer. Cash buy. The deal are there. Shop small. He was happy, I am happy

[@bradleysmith3963]

Funny story, not really, I’m a Union construction worker and have been building a battery plant for Stellantis, working lots of overtime and myself and a lot of my coworkers joke about we’re building a plant for cars we can’t even afford. And people like to think us pesky union workers make too much

[@pmscalisi]

When are they going to close the plant?

[@gregabrams5792]

I will never buy a used car because everyone I know that has bought a used car in the last year became inoperable within weeks or months after buying it. There is no free lunch and NOBODY gets rid of a good car. And if it's repossessed, that means they can't pay the payment and if they can't make the payment, they aren't doing the maintenance

[@miked3842]

Sold out again WOW.

[@BabySatanandthegang]

I wish you was around here because all of the used car dealers around here want an arm and a leg for high mileage junk

[@johnniemoore2228]

Your honest,, you inform the public with info that helps people that are struggling and thank for that. You will be blessed

[@admorris11]

I sold down and’s couldn’t be happier with that decision. I sold my 2023 Bronco outright (that was paid off) and purchased a 2006 wrangler TJ with 20k miles. I pocketed over $30k and stuck in the market. Now I havea more reliable vehicle that’s easier to work on if I do have an issue. Love that 4.0l engine…indestructible Trying to prepare for what’s around the corner.

[@davevan8864]

You have aGREAT handle on it all. Inflation, via interest rates, food, fuel, housing and transportation, is killing all traditional businesses. Also GREED is a prime mover as you stated. I am a retired bank analyst and I bought my first used daily driver in April. It cost 1/10th what a new car cost and it's acts as new. All these issues are self inflicted. They say we voted FOR all this. NOW is time to fix it IF WE CAN. PS Recently my Credit Card company went to 36% interest for someone with a FICO of 800.....cut it up, trash. Thanks and good luck Sir!

[@patndave4919]

Keep giving the used car dealers a good name Brandon.

[@geoffoneill3763]

70 and 80K is too much for a truck. these guys need to WAKE UP!

[@ThreeBoysFishing]

Spot on. I think even people like me with great credit are not paying these prices. If had to buy a vehicle right now I would rather buy a older high mileage vehicle and run it tell it died and don’t forget about the insurance companies are killing the market also

[@allyjack8437]

Let's talk business costs that Brandon doesn't mention when pricing his cars from $1k to $2k above the cost of buying the vehicles and repairs and cleaning: Payroll , payroll firm,CPA services, business space rental or payments, utilities, office supplies, phones,computers, carfax services, lot security, business insurance, unemployment insurance, state taxes , federal taxes, healthcare for employees,vacation time for employees..probably another 20 things I failed to think of. With 5 to 7 employees...selling 60 cars at 1.5k average gross profit MAY net you 20 to 30k profit after expenses. At a cost of roughly 1.5 million invested for the inventory. Stop complaining about a successful business trying to fill a void in the business. Thanks Brandon..I know the work and risk involved buying at auction,particularly in your price range. Much respect young man. Keep that mechanic and give him a raise...give yourself one too.😂😂

[@tonyricco777]

Thanks for the constant market reports, Brandon! VERY much appreciated. Glad you're crushing it!

[@curtisi4403]

I own a 98 Neon R/T in mint condition, one owner and very reliable. Even parked close to a new car I always get looks and compliments. The thrill of a new car last only days, then it's yesterday's news. Take care what you got and save that money for more important things, like retirement.

[@alanheadrick7997]

Prices still going up in Pensacola Fl. I think older cars are bought and exported overseas. This helps to jack up the prices.

[@ChrisCrosby-pd6jk]

Where are you located?

[@alanheadrick7997]

@@ChrisCrosby-pd6jk My home is near Pensacola, I am working in Korea.

[@LawrenceBroussard]

If your money is tight, 500 plus a month or 3K and done. That is not a hard decision.

[@michaelb.8953]

Pay 6 months of new car payments up front in one lump sum and get a used car payment free to drive for at least two years. For some people that is life changing.

[@danbooher5843]

?????

[@user-xk4vt9ye8j]

20% down used to be the minimum to buy a car. Now they even roll the sales tax into the loan.

[@anotherperspective6247]

You can either drive a $3,500 vehicle into the ground in 2-3 years if you want to & lather-rinse repeat or if you get a well maintained one you can continue to maintain it and truly cut out the largest cost of car ownership even further down to the bone: depreciation. It's already minimal on a $3,500 car but once you have a well maintained/trouble free one stick with it.

[@artfquinn]

You sell well because you are a honest man. Many dealers will add a lot of fees to their cars, new or used.

[@mikeguthrie5432]

Brandon, I like your style. You seem, to me, to be a pretty well informed young man. AND, honest. I used to be a "used, but not abused", car salesman back in the mid ;60s, and early 70s. Of course, I was a "pure as the driven snow" guy workin' on a boulevard of "used, but not abused", used car lots. And ya know what, things really were'nt different back then. I wasn't really a "barn burner" salesguy, but I was makin' my "spiffs" pretty well. Any way, keep up the good work my friend. Your videos remind me of the "good ole days" back when.

[@rafalsanbra9758]

Thank you for helping all those people out to get into cars to get to work and take care of their families. So many of us dealing in these hard times. 😊

[@subaruamazon]

brandon give an economic lesson the country and the fed should watch.

[@cathybarela4304]

Brandon, you are stand up guy, you are taking care of the little people, you have a big heart. I too cannot afford to pay $700.00 for a car payment. I wish you were here in Scal, I would buy from you.

[@carlosreid51]

I just saw a 2019 camry xl with 152,500 miles asking price was 26,000 at dealership and 5 years ago a 6 year old car with that milage even if the car looked good would be an auction car for 12,000 at best.

[@pmscalisi]

In SoCal that car would have to be $10K for the dealer to make a profit.

[@lesliechung79]

You being behind a GMC Acadia all the while giving this excellent lecture with the 3.6vvt engine is brutally being honest with the worksheet hanging from the rear view mirror

[@drewtonhouse]

I live in the UK .. I admire your honest views .. too many people have enjoyed their fake lifestyle of "let's buy things we can't afford with money we don't have to try impress people we don't even know or like" .. I was brought up to only buy things I could afford .. the only exception was a mortgage (translation "death grip") and to get that paid off as soon as possible .. live debt free and enjoy freedom because it all gets a bit tight you've a breathing space to make decisions

[@bradhampton6457]

The MSRP of new vehicles has driven many buyers out of the market. I saw earlier that sales of Stellantis vehicles dropped over 100k units from one year to the next. Don’t know how much GM and Ford dropped. I’m sure Toyota, Honda and other imports are holding their own.

[@Camiken65]

I bought a 2014 Focus with 40k miles, drove it for 11 days, and transmission failed. Dealer didn't send in the extended warranty I bought and getting it fixed became a nightmare. I paid on an anchor sitting in my driveway for 13 months hoping to get money to fix. Lost my job and let it go back. I spend $800 on an e-bike and couldn't be happier!

[@SCVIndy]

Unfortunately politicians and media believe inflation is something you can control .. but it’s a descriptor of market interactions as demand rises from population growth for scarce resources

[@mvc2177]

They can suffer. Bought two vehicles recently in the used private car market. Spend 7k between both cash. 96 Tacoma and 09 Venza. Both running with no issues. No payments either

[@Dfgbuiiyyyybb]

You can’t have high prices and high interest rates it simply doesn’t work. High prices increase the cost of car insurance because insurance companies know the replacement parts will cost more and they’ll need to write you a bigger check if the car gets totaled.

[@Thedesertguy75]

5k or less is exactly what everyone needs nowadays. No payments , just come up with the cash, get the title and drive off. Simple and to the point. 👌👌

[@deney54]

I worked on a new and used car lot for about 3 years and the worst car we got in a trade was a Toyota. It had rotting fish under the back seat and trunk; they used it to go fishing. The car lot was near an Indian reservation. The car was in such bad shape, we just sent to the crusher.

[@stevehenderson2571]

There’s a dealer near me that sells vehicles like you as far as the price goes. He does quite well too.

[@solvend]

Yesterday you had a video about fleet sales. Car edge had a video showing those were actually down. Fleet sales are no longer being even a single bright spot for OEMs

[@External2737]

I missed that. Last quarter (ending June) Fleet saved the quarter. If July is bad for fleet...

[@GregVT]

But, my God, look how fantastic that grass looks! 😀

[@franciscolopez4697]

The other great thing about a paid off car is that your don’t have to have full coverage car insurance. Car insurance is crazy as well.

[@lilibear62]

I agree with your theories, the problem is finding a good mechanic to work on an older car. We have a 98 Infiniti that has around 130,000 miles, and we don't know what to do with it! I'm in CA, and selling is difficult.

[@Truknup]

You market yourself better than anybody else in the business…. You Tube, best advertising media ever and you make money from it… 👍

[@agecon2246]

Great lecture as usual. You have saved me a fortune by directing me on how to save cash and yet own a decent ride. Thanks and keep it up

[@johnt7776]

You’re awesome man. From Canada.

[@ToadsandTurbines]

I was going to sell my F150 but it identified as a Hummer so I raised the price.😊😊

[@wilbertbenjamin]

My dear younger brother, you are on point. In your industry I would donate a 4 grand car and ask one of the tv news networks news to pick out a person to help. That would give you even a better look. a single mom would be in. You would get 8 times more. Positive exposure you deserve more. Good hustle.

[@keithrodgers1030]

Five things 1) price to buy , 2) car insurance is way too high on new , 3) privacy issues with modern cars eg electronic tagging , 4) gasoline price , 5) monthly payments.

[@djrickyb]

I have 11 payments left on my 2019 Toyota Camry. I have a 2.99% int. Loan and my payment was low. Even with the low payment, I hate car payments! I plan to drive this car into the 2030s!

[@Ronald-dc6me]

Their's a recession you have the right business plan great job and a great service to your community

[@warriorplutotrent3827]

Price point is true. I do all my own work and I'm a car dealer as well. I still every month of the year. I have my cars priced right and they always sell quickly.

[@WizardKingCorey]

Kudos for doing a video that isn't Ram trucks and auction focused

[@eprofessio]

I bought a 2022 Mach-e Premium AWD Extended Range and Chevy Bolt EUV 2023 and we have no plans to buy new cars for at least five years. We still have a couple old trucks and a four door Jeep.

[@natal777]

Cause you are not ripping people off like other dealers TY ! I wish you were around here

[@zonie70]

I wish I has a guy like this in my area to buy cheap good used cars from !

[@joewoodchuck3824]

I'd love to find him for a potential purchase. But he isn't giving up that information. I believe it's the Carolinas. That's as far as I've gotten. My location makes it feasible to travel some to his dealership.

[@OtisFlint]

@@joewoodchuck3824 He's in NC

[@EmmyPierz-ek7hi]

@@joewoodchuck3824yeah… What’s the Big SECRET?

[@joewoodchuck3824]

@@EmmyPierz-ek7hi He's trying to preserve his on line integrity by keeping his own company out of the conversation. Neutrality builds consumer confidence in his content. He probably also doesn't want the locals to be short changed on buying from him. Publicity such as would be seen here would hurt his local following with fewer cars available to them.

[@okboomer6201]

A used car dealership in my town has had the same four Kia Sportage on his lot since 2021.

[@CNDMrfixit]

Hey Brandon, I sent this link to Michael Bordenaro as I watch him daily, he's like you and says it as it is from the street observations, I think he will be interested in seeing your perspective of how the economy is really doing with the car market. No smoke and mirrors pretending the economy is doing well, no spread sheets or charts, but reality. I hope he watches this stream and might even comment or get hold of you. Keep up the great work.

[@bmariafernandez1152]

He has done videos with him recently. I watch both.

[@franzputsch254]

I think you are on the right track, Brandon. Great content, too! Is this what the beginning of a nasty recession looks like?

[@mysliwya]

Waiting to see this in California.

[@sirsmarty274]

Prices for used cars in my area have not come down at all.

[@merilyn54]

Thanks Brandon for doing this video just wish more people would listen to your info

[@cabracove]

Good information. I used to drive cars until it was time to spike the title and walk away. Now they aren't even selling any new cars I'd want to buy. Keeping the ones I have, they all have around a 100K on them. I don't mind putting in a new engine or whatever later.

[@marvinphillips1326]

I think some of these car dealerships have more cars and trucks than your seeing on their lots. 5-6 years ago I remember walking by an empty gated parking structure (at the time it was a path people would use to stretch their legs when we were working in the office) and it was filled with brand new Chevy trucks. And about a mile away was a Chevrolet Dealership and their entire lot was always filled with vehicles. So what you’re showing at these dealerships is probably 60% of what they really have.

[@minifunkable]

Its all about the $$$ price. There is no loyalty when it comes to $$$ ppl go where its cheap

[@scottanderson4175]

You are 💯 on the money I purchased a 2011 Ram a 2014 Ram a 2017 Ram 2 brand new BMW motorcycles but during Covid I lost everything I was working at a car dealership and purchased a $2,500 Lincoln Aviator with no heat no ac and drove it for 4 years until I could save up enough to purchase a 2011 Jeep Grand Cherokee for $6,500 cash because my credit was ruined I no longer have a motorcycle and my boss just purchased another dealership he now owns 7 new and used car dealerships in our area but I can’t afford to buy a car from him lol

[@k20z3keith7]

Sorry Scott, but you make horrible decisions.

[@PassivePortfolios]

I can buy a. new vehicle but I refuse to pay these insane prices. They will have to come down a lot to convince me to buy because my 2015 vehicle runs perfectly.

[@AndrewLoukidis-jr2bp]

Everything was scarce during the pandemic and prices rose sharply Dealers are still in trying to get those inflated prices.

[@algernonharris5691]

Man i wish you sold sequoias cause I would travel to buy from you. Trust is invaluable out here in these car shopping streets..

[@DanRan-bi4fj]

This is by far from what is happening in Canada. Used prices are still sky rocket 🚀 high.

[@robertanna9964]

You're doing God's work Brandon.

[@jbweldon84]

I went and test drove a new Z Saturday. I loved it, but the bank wouldn’t finance it being 15k over msrp, and their financing was ~18% interest with 20k down. Just gonna buy another used accord or something. lol

[@casey6518]

Uhhh my monthly payment is only $403.36 on my new 2024 Honda Civic Hatchback Sport Touring! My interest rate is 3.9% & I did put $10,000 down plus $1,500 for my trade in & my credit score is 839. I was watching a video by Car Wine this morning on KZbin about the top 25 selling vehicles for July! The name of the video is "Fastest Selling Cars Right Now in USA (July 2024)" by Car Wine. He gave the #'s sold in July, there was a lot of vehicle sold in July, The Big 3 automakers just need to stop production for a month to 6 weeks & dealer lots would thin their inventory. The auto makers are just building more vehicles than what's actually being sold!

[@Pra-Zed]

The single most expense of the consumer is housing, Purchasing a home is out of the question and the rent is too damn high taking 70% - 80% on household income. There is nothing left for anything. Becasue of this more and more people are living paycheck to paycheck. This is a quicksand economy.

[@robertpeterson8640]

We just bought our first car since 2003. We were looking at 2-3 year old off lease vehicles but ended up with a new one. We have good credit and got 2.9% dealer financing as opposed to the 6.8 or so we would have spent to finance a used car. It could have gone either way but the used cars in this category seemed high to me. My monthly payment is less than the used car would have been. BTW we are still driving the 04 Corolla as well.