What Happens To New Cars That Don't Get SOLD?

[@763charlie5]

The day I feel sorry for a car dealer is the day I feel sorry for a banker.

[@user-tu1ee6dc5f]

Oh the banks own the dealer you say. shocked.

[@redhunnid5142]

The banks literally own the car dealers they have car dealers walking with leashes banks are the real big dogs

[@RH-mz9fq]

​@@user-tu1ee6dc5foff course man these all dealers are borrowing money from banks

[@MAP1980vs]

the CEO is supposed to use his brain to know what to do .......... What happened , they were to busy smokin pot ?

[@rayman-wt6sf]

The COLDEST day in Hell. 😂

[@Ob_GynKenobi]

Wife and I went into the dealership earlier this year looking to upgrade to an SUV or crossover. We have excellent credit and both make decent money. $49k 23' Used Highlander and they wanted $850/month for it at 7.25%. Yeah we'll just keep driving our fully paid off sedans until this country unfucks itself.

[@leoderosia9279]

Haha

[@trainwreck420ish]

Idk that doesn't sound that bad. A year old Toyota for under 50k?

[@theDudeknows]

It is not just the USA, you will flip if you see how things work in other countries. However, it us about to get much much worse under the incoming clown show.

[@Tonyscasa]

Learn to buy used . Dealerships are for suckers

[@haredr6511]

Well, your first problem is walking into a Toyota dealership. The vehicle isn’t worth even $29k

[@johngiles6376]

I don't feel like paying a mortgage on a car.

[@jorgemoya2956]

It’s only for 6-7 years not like a house for life lol

[@fredsonpittsburg9073]

@@jorgemoya2956 "only" 6-7 years LOL, with a CD and you saving 800/month you get 80k saved in 7 years, and you are telling me I should get a 80% depreciated nissan altima in 7 years instead of that, dude GTFO LOL

[@notforposers]

For real!

[@Clooger-]

​@@jorgemoya2956Tell me you're horrible with money without telling me.

[@Nonybusinessxxxxxx]

@jorgemoya2956 You can pay off a house in 15-20 years. 10 even if you're really good about your savibgs

[@kdtune33]

$100k for a Wrangler? LMMFAO, let it sit and rust as far as I'm concerned, LOL!

[@TNitroH]

And Dodge is now going bankrupt. No way I'm touching their crap

[@tomtalley2192]

It’s probably already started rusting!

[@rgr4475]

I came here to make this comment. Insane. There is a reason they are sitting in lots.

Got a neighbor that is more than 200K deep in a gladiator overlander build.

[@Ultrajamz]

Wrangle deez nutz. Jeep Gran’ Chokeondeez.

[@Kane_Jr.]

Dealerships, bankers and politicians are the groups I will never feel sorry for.

[@comradedoggo2427]

Have you seen an F9 video on dealerships? F9 is a motorcycle channel and the video was about how to literally rip off the dealership. By the end we see that's it's a multi generational family owned business that gets overloaded with useless new stuff. But thats a small dealership in the middle of nowhere and not an average big boy stealership

[@elieli56]

And big food industry

[@2010hyundaielantra]

and Big Pharma

[@tibiamademedoit6486]

🎉🎉

[@buddapudgie8482]

Don’t forget Lawyers.

[@Oldwiseguy-59]

Let them sit and sit and sit. No car is worth more than 30-40k for regular working folk. These hyper priced are for 1% of population.

[@projoebiochem]

That’s the problem. 90% of the cars they are building are focused at 1% of the population.

[@AndrewJeffersonCotter]

Or maybe the manufactures thought they could just all make expensive cars and we would have no choice but to take out a mortgage for a car. They didn't think we would just sit on our old cars and keep using them.

[@jamess4351]

I'd love a truly American car company to make a line of vehicles that have no frills, no computer updates. Hell, no radio or A/C as a standard feature. The less crap that breaks. Make it built to last and easy to work on..

[@AndrewJeffersonCotter]

@@jamess4351 the reason that can't/wont ever happen is because of safety and emission standards. I think toyota released a truck you are describing but it cant be sold in America.

[@EDKKPR]

1000%. Plus with insurance, cost of living? Yup. Maybe if housing didn’t explode 500%

[@williamscookies78]

who the hell is buying a 90k jeep? get your brain checked

[@digit4455]

check out Untamed Motors LOL

[@whal3z]

lmao

[@georgevassey3729]

Exactly, it's insane.NO ONE should buy them.

[@dmo848]

As a kid, these were the cheapest around. Same with pick up trucks. That was the point to them

[@styldsteel1]

Then when you drive it off the lot it loses 20 grand

[@yodabolt1247]

$100,000 for a Jeep or a Truck? They're lost their damn minds.

[@ShalomUSA]

They have, but there are people every crazier still buying them. It's insanity!

[@HotShotNot-y8z]

I can't even blame them, the customers have lost it, they only care about making the payments, and sometimes they think "I can't afford this now, but next month I will so it's fine!"

[@KathleenMcNe]

Even though I could easily pay cash for a $100,000 vehicle, I would never, ever do so. That's why I have cash.

[@Aceve227]

Most of the cars on that lot are luxury or sports cars. The new Jeep Wagoneer is almost as luxurious as a Cadillac Escalade and most of the Jeep Wranglers in the video is the 392 trim with a HEMI V8 engine in it with a completely different and badass suspension upgrade for hardcore offroading.

[@t7H2si0vß2]

A working class vehicle, priced exclusively for the non working class

[@johngalt2931]

I went to Costco yesterday. They had an Electric GMC Hummer for sale. $143K. Add that to your list of unsold vehicles!

[@Princep555]

They misread the room. No one wants an electric hummer.

[@michigan_supercars6569]

Nobody: Literally nobody: Car manufacturers: "Electric cars!" 🤡🤡

[@jemyjem1211]

That's how much a house costs 50 years ago

[@alexhdz512]

Electric is garbage. I’ve only ever seen ONE ev Hummer out in the street ever 😂

[@ElegantFinishes]

@@alexhdz512many many here on the road in central FL

[@milleniallgt9715]

The goal is to drain the middle class through high car payments, high housing costs, insurance and bills. Buy used quality vehicles.. I’m done paying for vehicles over 30k, that’s my cut off price..

[@largol33t1]

Never going to happen. The STARTING point is permanently fixed at a despicable $35-37K. I have nooooo interest even though there are light pickups with $5k markdowns. F them. They can let it rot for all I care. I want another $2K off before I even show any interest. And Ford? LMAO, get lost. They wanted to be a "premium luxury" brand. Well, they can sit on their $90K pickups. Even their "affordable" Mavericks are marked up $4-5k!

[@mopricefam]

This sounds about right tbh

[@bansheezs]

My cut off price is 20k. I'll take a car around 100k miles

[@justin_lee_]

Middle class keeps voting for politicians who want to tax them to build more car dependent transportation, further draining the middle class.

[@caralho5237]

​@@justin_lee_The problem isnt car dependencu, its government dependency. America used to be the easiest country in the world to buy a cheap car in. A teenager could buy a decent car just with a part time job. Now with 50 years of inflation fucking everyone over, thats borderline impossible

[@pogmothoin7164]

I sold Nissans for three years. I finally sold the over-300-days-on-lot Nissan Armada. The customer signed all the papers, but when he went to drive off, the battery was dead. The customer was pissed and made us tear up the deal. The GM was furious. The truck sat unsold for another 100 days.

[@elcato9071]

Wow

[@MrSloika]

Many of these cars suffer from lot rot. Stay away even if the deal seems good.

[@TEC_Stuff]

The dealership should have replaced the battery free of charge. That was the dealership’s bad.

[@Anomize23]

@@pogmothoin7164 That battery being dead is probably because vehicles sitting way too long. Im sure theres a alot of that Now when seeing so many on those lot’s sitting. They dont shift their vehicles around now lets models sit sit and sit. Especially in the cold its worse.

[@kevo300]

Arent you supposed to check for that?

[@ThaRealBummyDavis]

I’m a delivery driver. I love driving by the dealerships every damn day seeing hellcats with rusted rotors is awfully hilarious 😂😂

[@1zAlfonzo]

Wanna know how they get those hellcats actually off the lot? They get stolen! 😂 chop shopped after that!

[@cvn6555]

All cars do that. The first time you tap the brakes the rust gets knocked off. But, yeah, they made far too many of those and charge too much.

[@Clipper1094]

@@1zAlfonzo there’s a Jeep, Dodge , Ram dealership I pass everyday that’s overflowing with inventory and they recently fenced around the entire lot. I got a good laugh from that and don’t feel bad for them one single bit! 😂

[@brian5o]

I’m soooo happy these dealerships are getting their come-uppins now. It couldn’t happen to a nicer group of folks.

[@pepsico815]

I'd like dealerships more if I could just literally add a vehicle to my cart online and pay for it. So tired of their ENDLESS games.

[@Synthwave89]

@@pepsico815 Dealerships will NEVER allow you to do that, they make too much money nickel and diming people, adding "market adjustments" (pure profit) and surprising you with hidden fees. It's why they bought the government to make sure manufacturers can't sell directly to consumers. In other countries you can literally add to your cart and pay for it and pick it up or get it delivered.

[@gradywilson9213]

They are not, they get tax breaks on unsold inventory, car dealers are like the SWAT team they never lose.

[@ShortArmOfGod]

It's comeuppance.

[@deltadovertime]

@@pepsico815 In Canada I bought my car through clutch. Bought it online and they gave me two weeks to return it if I didn't like it. I will not buy a car at a physical dealership again

[@bnplaza]

Its Dealership Greed, they got it coming to them

[@diannemc3179]

You got that right.

[@perfectlybalanced8995]

Manufacturer greed as well

[@Thesplintegear1]

You mean stealership😅

[@projoebiochem]

Don’t forget manufacturers trying to make up for the losses from the Biden electric car mandate.

[@patty109109]

Capitalism only functions with greed. That’s fine if you don’t like it, but you should at least understand what you’re talking about.

[@Can8ian.]

Not all dealerships are greedy. I work at a used dealership with an inventory of around 350 vehicles. As you would expect we have struggled to sell units within the low to no interest period (90 days). Since 2020 the entire industry has changed. We used to mark up vehicles by about 8% prior to 2020, now we only mark up about 4% but still fully recondition our vehicles. The owner is barely making profit on most units now but we are doing 5x the business of our local competitors and that adds up. Our company is consistently selling comparable vehicles for 4-5% less than the competition and buyers certainly notice that which increases our word of mouth advertising considerably. (which is absolutely the best type of advertising)

[@Blackgriffonphoenixg]

fighting the good fight. Godspeed

[@patty109109]

Honestly, you just described a guy who’s bad at business.

[@THEOAKLANDBABY510]

@@patty109109how if they’re actually making sales vs those that don’t make any because they try to gouge

[@Outwardpd]

"used dealership" that means you're screwing them in other ways, New car dealers screw the customers on pricing and fees, Used car dealers screw the customers by selling bad cars on purpose.

[@JimmyRussle]

@@patty109109 how? Hes actually really good at business, still making a profit while undercutting his competition. Hes getting all those sales that the other businesses are not. 4% Margin on 100 cars is better than 20% margin on 10 cars. My point is that you have to move metal. Sitting on it just costs money. THOSE are the people who are bad at business. Not realizing the reality of the market as it sits today. Move the metal, take the small profit and then on to the next. Dont sit on depreciating equipment.

[@JosephJohn-fb9wx]

How about just dropping the damn price on these bloated overpriced vehicles.

[@KAzik10001]

Nah that would be too easy

[@randybowen7044]

0% financing would be nice since they are making a killing off of the sell anyways

[@LLG47]

They literally can't. Just like any corporation they have to make more money each subsequent year so they raised the prices of the ones they built and the cost of all the supply chain went up through the roof for them. They have a new more expensive labor deal which is going to blow up unfortunately in the Union's face now that the plans are getting closed temporarily. They're making these top trim trucks and no one's going for them. I saw a video of them trying to sell a bottom of the barrel base model tradesman Dodge with a V8 as really the only option and it was over $50,000. pre-COVID that was a $35,000 truck maybe. A lot of this is really out of control.

[@elidor8193]

The price is up because they have diluted the money supply printing and giving it away (Covid stimulus, Close to a trillion for Ukraine and illegal aliens benefits and housing). too many dollars chasing too little goods. Every single paper currency backed by nothing eventually devalues to zero. Every single one.

[@tvguyjake]

They’re stuck between the factory and their bankers. Gee, too bad 🎉

[@Ob_GynKenobi]

There is no such thing as the "working man's truck" anymore.

[@evil1st]

6:02 they want $74,000 for a RAM chasis cab. 5 years ago a RAM chassis cab was $35,000. Actually, you can buy a used 2019 RAM chassis cab with a flat bed for $20,000. I just saw one for sale.

[@manyhammers5944]

They are jacked up to damn high. I don't need a pavement princess I need to put a rack on it and do garage doors,geez you need two people on ladders to load and unload. Stupid

[@classicxl]

A gm 1500 regular cab 4x4 is almost 50k here in Canada and we’re not taking about a fully loaded truck either

[@JKDJack]

Used ones that are broken but fixable are

[@edwardfitzpatrick9363]

Sad thing is you can buy a used Lincoln Navigator cheaper then a fancy work truck

[@AxelNavaja]

Yeah. No one cares about dealerships loosing money. We need to be able to buy cars direct form the manufacturer because stealerships are absolute trash.

[@theanimeotaku2794]

@0:24 how in the fuck are they charging $195 for "Nitrogen filled tires" like bruh get the fuck out of here

[@TheDieselndust]

One of the biggest scams out there. The air we breathe is 80% nitrogen. 😂

[@PathtoRepentance]

$900 windows tint 😂

[@tatmanmyownbossdannydraco]

​@@PathtoRepentance that's not bad

[@kustomchevy27]

Nitrogen air is free at Costco's 😂

[@PathtoRepentance]

@@tatmanmyownbossdannydraco I got window tint on 4 different cars I’ve owned for $150-250

[@DanoFSmith-yc9tg]

100k for a Wrangler is the most unhinged thing I've ever seen, when they came out they came out they were like 30k.

[@NerdsWorldNYC]

Lower than that,your Rubicon back in 2006 was around $35,000. We purchased our 2006 2-door X for $21,000. Purchased off Quadratec bigger tires,side bars,grill guard,tail guard for under $1,500. We still have it with 46,000 miles, the only thing wrong with it,has little rust spot showing on the top left fender. Regular maintenance,oil change etc and it's still better than these new $68,000 all electronic dash Wranglers today.

[@user-tu1ee6dc5f]

They became hip.

[@DanoFSmith-yc9tg]

@@NerdsWorldNYC even still, 35k for a Pentastar, aka the caravan motor, is still to much.

[@redrum3405]

I bought a new wrangler for 15k in 99

[@666dynomax]

1998 got a cherokee for 19k 4.0L

[@johnstanton1515]

My 06 Tundra has 350k miles and has never had a major issue. It’s going to make it to a million.

[@1zAlfonzo]

My 2012 Honda Coupe Accord V6 is kicking at 185k! Boy never gave up!

[@MrTruckerf]

My 06 Tundra had the frame rust out and was parted out for $3500 at 106500 miles this summer. Got $2000 for the motor, which was still like new.

[@Harvester88]

2009 Nissan Altima coupe v6, 195k, and it’s a manual as well. Still flies.

[@DarkBitesz]

2017 Nissan Titan with 165k still runs the same from the factory same truck is 20k more

[@jagbirsingh295]

Same my 02 is 200k going strong

[@mustangracer5124]

35 yr. mechanic here.. the worst thing you can do to ANY vehicle is leave it sit! seals get brittle, rings lose tension, bearings get corroded etc.. part them out.

[@johnmcmullen456]

I have a 1985 Corvette that at one time wasn't run for 7 years while I had it in storage. Fortunately did have non ethanol fuel in the tank. When ready to put back on the road I installed a new battery and experienced no other problems. A little driving and the tire flat spotting symptoms even went away. These lot rot claims are exaggerated. Rotors on a vehicle can form harmless surface rust within a few hours after a car wash or rain storm. Brakes and oil don't wear out from sitting. Tires don't age out until 10 years old. A trickle charger keeps batteries alive.

[@Wismpthewiz]

@@johnmcmullen456you’re talking about an 85 car. Vehicles now a days do not do well sitting.

[@GURKS35]

​@@johnmcmullen456because an 85 vehicle was built to last with good quality parts. These new vehicle ceos complain over a 10 cent seal costing 11 cents

[@HowardJrFord]

Rings don't lose tension from sitting .

[@gabrieldasilva7970]

Exactly... Those ''new'' vehicles are mechanical ticking bombs when really new, now imagine how bad they'll do after siting 2 years on the lot, exposed to elements and not being used.

[@MarkBush-en5cz]

So the new car dealers are losing their asses to the banks instead of their customers losing their asses to the banks. That's good. The whole auto industry needs a make-over. You should buy your car from the factory and they build it only when they have a firm order for it.

[@GoodEggGuy]

That's exactly how it works in England. Car showrooms are just a sales room for the manufacturers - you spec out your vehicle, they manufacture it, and 4-8 weeks later they deliver it.

[@zdravkojuric5927]

Dealer no losing bayer losing

[@BK-qp8zp]

When we were stationed in Germany, we spent a year ordering and waiting for our Volvo, then took a ferry to Sweden to pick it up. When it was presented to us, still in the factory, it had 2 miles on it! Loved that car!! Heartbroken that Volvo was sold to a Chinese company later.

[@GoodEggGuy]

@@BK-qp8zp Wow, a year's a long lead time. I'm glad it was worth it.

[@Mikegastaldo]

​@@GoodEggGuythat's how it works in England? Maybe your buying a rolls Royce.. Bentley.. Aston Martin perhaps...but England is full of kia..Nissan... Hyundai ..Volkswagen and Toyota and they aren't making custom vehicles to order.. even the motorcycles in England are all Honda Suzuki Yamaha Kawasaki...they aren't making anything to order either...

[@Nimatodes]

Here's a bright idea: let's abolish the laws that require auto manufacturers to sell through dealerships, and let's expand the no-hassle, no-haggling direct-to-consumer sales model that Tesla and other new startups have adopted. It's a win-win for everybody.

[@isaacw7479]

Seems like buying new is one of the worst financial decisions you can make these days.

[@rabd3721]

Basically yeah. Your best bet is used vehicles between 2005-2019. Less than 150k miles, with a proven track record of reliability for the model.

[@anisenkrill6179]

*For most people. It's an insignificant decision for someone who is worth 10 million dollars to buy a brand new 100k vehicle by writing a check. It is financial suicide for someone who is worth less than 100k to take out a loan to buy a 100k vehicle (which is the case with the vast majority of these purchases).

[@PathtoRepentance]

Buying new has always been a bad decision

[@rabd3721]

@@ms.annthrope415 Repossession has reached historic highs. Many used cars are on the market because the original owner couldn't keep up with the bank note. With that said, there's no way I'm touching a used Mercedes Benz. Give me a Honda or Toyota with naturally aspirated engines.

[@TheBeatenPaths]

It ALWAYS was. That's "Money 101"

[@classiccorvettesmusclecars5846]

Everything is overpriced but yet the quality & reliability is horrible.. Lose lose for the customer..

[@RobertNagel-s2z]

They are making them too complicated and when all that electronic crap fails (and it will) it is a huge money pit because the car won't run without it.

[@Synthwave89]

@@RobertNagel-s2z And OEM parts are as overpriced as the piece of shit cars they make

[@RobertNagel-s2z]

@@Synthwave89 God damned the 21st century!!!

[@ADadSupreme]

3:11 When just the options on a Jeep cost $29, 561.00 USD and you only get a 3yr/36k warranty, you know we've crossed the Rubicon.

[@SecretAsian84]

😂 😂 $100k for a wrangler oh please! So it can break down and get towed. I saw a wagoneer die after 40 miles.

[@fetc7283]

Yep that same one was towed a second time. I saw the video too

[@SecretAsian84]

@ 🤣 sorry to that owner but that is funny

[@Onetakelifestyle3323]

So glad I never bought one

[@fetc7283]

@@SecretAsian84 I don't feel sorry, they got what was coming for them

[@williamscookies78]

i know who the hell buys that crap!

[@SV-lw8jo]

Paying off a car for 7 years should be considered excessive. If you can't pay it off in 3 or at most 4 years, it likely means the car is beyond your budget.

[@Anomize23]

@@SV-lw8jo what’s stupid is people are actually making a decade of payment plans for some of these vehicles stupidity is at an all-time high in this country

[@MrOccyc]

No one is forcing people to do that. Can’t fix stupid.

[@MaSa-bp5qe]

Completely agree.

[@mattorama]

It needs to be paid off by the time the warranty expires. Having to pay for repairs on a vehicle on top of paying a loan is a problem.

[@oldtimer5316]

It means exactly that! If you can’t finance it for fewer than 48 months, you can’t afford it.

[@BellsWatson]

During the 'lock down" I bought a new car on line. I got the car I wanted with the package I wanted in the color I wanted. I got quoted a firm price. Made an appointment to pick up the car (and do the paperwork) and the first thing I did was show a printout with the price and said I am not paying any more then this price. They said sure and while there was no negotiation there was a definite slow down. We took a test drive and then they showed us all the bells and whistles and by the time we got back to do the paperwork they had time to run a credit check (excellent) and began asking how I plan to pay for the car and that they could finance it at a lower rate then anywhere else. At which time I pulled out my check book and said I will be paying in cash thank you. The look on their face was priceless.

[@robertalley9593]

They discount them all they want but $50k at 6.8% is still ridiculous for a depreciating asset that has quality and reliability issues. Not to mention the insurance.

[@paisis123]

It used to be 4-8% for used cars that were sub 20K. Now they want these APR rates for NEW cars. They are out of there god damn minds now.

[@stevek8829]

If you think 6% is high with the inflation we've had lately--stay in school kid.

[@GoogleDoesEvil]

@@stevek8829 Inflation is caused by government spending, I expect it to drop off like a rock.

[@stevek8829]

@ the subject of inflation is more complex than one simple thing. Even the effects are complex. For instance if your income increases with inflation and you pay a fixed mortgage, your real payment goes down and you benefit.

[@robertalley9593]

@stevek8829 I wish I was a kid. I understand economics and yes i realize 6.8% is not national average. I was just stating the obvious about price vs quality.

[@jayboogie7956]

I understand people selling cars have family, but I shouldn't lose mine over the cost of a new pick up truck!

[@TotesMAGoats69]

😂

[@rhomotor]

Take out all the crap that no one wants and build basic cars and trucks again. If people want all the bells and whistles, then install it for them at the dealership. People just can't afford brand new cars anymore.

[@cvn6555]

I don't believe that that is the case. From what I have read, and I like this topic, people buying basic cars are drawn to the tech and shiny things. That the competition at the entry to mid-entry levels is the most ferocious and the profit margins are the thinnest. These are people that generally don't enjoy driving, know nothing about driving dynamics, do not appreciate a car with good power, balance or suspension and only care about convenience, charging their phones and amenities. Brembo brakes, adjustable settings, aluminum bits to shave weight mean nothing to them. In short, the "crap" is all most of the buyers in that segment really do care about.

[@robertmeshew1935]

@@cvn6555 No one I know feels the way you just described! Unless you know people who make $100K a year!

[@cvn6555]

@@robertmeshew1935 I know people that sell cars. If one manufacturer puts a bigger screen in then they all have to. The competition is fierce at the entry price points. When was the last time you bought a car? My kids have had to buy cars in the last few years and those cars have every bit of tech- Apple car play, backup cameras, lane keep assist, heated seats, moon roofs, etc. all included in the price. I have a vehicle made by a German company and absolutely everything is extra. Apple carplay went away because I refused to pay a subscription. American consumers want all that crap and do not care about how the car drives.

[@user-zo6xg8bx4l]

A lot of greedy wealthy people who invested in Dealerships are about to become FORMERLY WEALTHY.

[@mcfrisko834]

Good!

[@jerrypolverino6025]

Older cars are actually better quality than new.

[@wesleystanden2574]

Prepare for another round of cash for “clunkers” they are going to be looking to rid peoples nice older stuff

[@markmark3122]

I got 1 2012 and a 2013 for wife im keepin them cheaper to fix than 80k for new!!

[@LongWalkHome141]

I saw on Autotrader here in Canada a few days ago a 2016 Hyandi Accent ..14K .. for 16 K ... that's Canadian dollars ... and it would last the average family to get to work /groceries etc. but I'm 75 so probably out of touch with reality ... This world WE are ALL struggling ... now

[@willyschmitt5665]

I drive a 2001 Dodge Cummins PU 4 wheel drive 5-speed, I paid 23k for it. It is super reliable and I wouldn't trade it for a brand new Pu.

[@musclesmouse]

I bought a new 2023 4Runner. Designed back in 2009

[@adrianserrano3245]

I own a small, used car dealership. When big dealers don’t sell their inventory, they auction their cars at a dealer only auction. If a car cost like 60k they end up selling it to us for around 50k. Every single car gets sold no matter what.

[@MrTruckerf]

I figured you would get it for much less than that.

[@GoonieLord]

$525K for a luxury car, you could buy a home with that kind of money 💰

[@daviddoucet2220]

Well, there are stupid rich people just like there are stupid broke people and plenty of stupid in between.

[@nicholaswicks3077]

@@daviddoucet2220it’s literally an Aston Martin how is it stupid

[@daviddoucet2220]

@@nicholaswicks3077 They are made in Gaydon, England, that’s how and why they’re stupid, plus half a mil.

[@Lookin4WhoAsked]

The people buying that car make millions a year lol

[@daviddoucet2220]

@@Lookin4WhoAsked Really, I seriously thought it was fry cooks at Burger King and McDonalds primarily in the market for super overpriced, unreliable English cars.

[@dustyvanbrocklin4731]

The problem too is they have tied themselves to the higher trims and eliminating the lower more affordable trims.

[@joshpodolsky7740]

It's not just the dealers, the manufacturers are eliminating the true basic trim packages forcing us to buy essentially mid to high trims because that's all they make now. It's almost impossible to find a new vehicle without power windows/locks. No parking sensors/backup camera. Manual seat, basic am/fm radio no Bluetooth/sxm. Non LED headlights/taillights. Non turbocharged. List goes on and on.

[@dustyvanbrocklin4731]

@ I agree one hundred percent. I was just trying to lump them both together.

[@secondmouse9458]

@@joshpodolsky7740 Backup camera is required by law, but I take your point.

[@SP-gu7lq]

Agreed, it’s comical that Ford eliminated the base bronco trim to only bring it back 1 year later when sales start slipping.

[@Skilful_basics8]

I agree with all these points. My 2015 Grand Cherokee only has power windows and locks and I love it!

[@brandonrides8953]

It's amazing that a dealer would send a new car to auction instead of lowering the price for a normal consumer.

[@hyruleanraven81]

that 100k jeep isnt worth more than 40k

[@thebob01]

Even 40K is pushing it.

[@michaelwhite6497]

Glad to hear I am not the only person who makes well above average pay and is confused as to who is actually paying for these vehicles.

[@cvn6555]

People that make average pay but want to appear to be far more wealthy than they are. To show off and impress their friends and, hopefully, strangers. They could buy a Porsche SUV for less.

[@AmariSjohnPaul]

What do you make in 19 i need some advice on jobs😂

[@xTenzin10]

@@AmariSjohnPaulgo to college and learn a health science degree trust me you won’t regret it, i make more than 120k as an RT and im still 23

[@glenndower2513]

"Lot rot"...good term! I see in the side preview feed a YT video with the title "LET IT ROT!" "This is forcing dealerships to go bankrupt" No tears here from me!

[@1001Hobbies]

Part of the reason new vehicles cost stupid prices is ALL THE DATA COLLECTING TECHNOLOGY that is on the vehicles for the manufacturers to continue to make money off of you, but YOU have to pay for all that technology. No truck is worth $100 grand. Pick-ups should be starting at $25,000 without all the bells and whistles, and coffee maker, and well drilling attachment, and satellite tracking software. People just want A TRUCK.

[@Bob-pq6qv]

Get a classic they never lose value

[@1001Hobbies]

@@Bob-pq6qv - My wife has a 1966 Mustang with a 331 stroker I built for it, and I have an Australian Ford XA/XB Falcon that I am building into a Mad Max Interceptor. We have those bases covered. ;)

[@theDudeknows]

Yeah man, just a simple truck without stoopid gadgets. Just a radio and aircon is all i need.

[@Smouse168]

Yea but where’s the profit in that?

[@Shoesarenothammers]

Vehicles in American cities are not for utility, they are fashion statements. Everybody wants the 4x4 truck with a lift and v8 engine in it to go to the mall.

[@kennixox262]

A $150,000 pick up truck. One has to be out of their minds. I'll just suffer with my 911 which cost less. The auto manufacturers are building the wrong type of vehicles - PERIOD! People wonder why they are broke? It's because they buy this type of truck. Fools.

[@Lookin4WhoAsked]

Ahhhh yes the old “the sky is blue, so that must be why I’m ugly” no connection comparison. Trucks are that price because of small business owners wanting to buy the most expensive truck for tax benefits. The people upside down on truck loans are the ones buying the mid-range truck trims with high ass interest

[@cvn6555]

Have you seen the price of 911s lately? I thought I'd be in the market for one about now but the prices for new and used are in the stratosphere. Just unreal. Worst thing is I have the cash, have always dreamed of one but am not going to spend that amount on one. Unmitigated greed by the company. And they keep supply low on all the sports cars to keep prices up. Meh, my Macan GTS is the "911 of SUVs". Ha.

[@crucialspectre7401]

4:59 you’re completely right, late last year I was trying to buy a 24 Civic. Most dealers tried doing a markup. And I refused to pay for it. I ended up finding a close ish (40 minute drive) dealer that was selling at MSRP. I recommended everyone I knew who wanted a Honda to go to them vs the in town dealer because of the games they wanted to play.

[@upyours999999]

Whoever pays MSRP and addons need to have their heads check quick!

[@soneares9172]

You should never pay MSRP. Shop online first to get the "internet" price. Repeat this a few times with other dealerships then use the lowest internet price given to see if the other dealerships can beat it. If you have a trade-in, use CarMax online tool to get an instant quote. Then, also see if the dealerships will match the CarMax trade-in value.

[@666dynomax]

these 300-400-500 day vehicles, anyone think the dealer has changed the oil every 182 days like they would expect you to for warranty work??

[@beaconfish]

Great point

[@elidor8193]

The cars are not moving and the engine is new so the oil is just sitting there in a new tank.

[@whippersnapper1989]

@@elidor8193yeah, but as a customer I’d expect at least an oil change, tire change, wiper, maybe breaks. All those things that get worse over time

[@TheDieselndust]

@@whippersnapper1989 you should have the breaks checked, they could brake. 😂

[@jaywebb0113]

on most new vehicles the service manual states to change the oil at least once per year or by 10k . Yes the intervals for oil changes are stated that far out in service manuals, this is the bare min needed to be with in warranty. (12 years as a tech, a year as a claim adjuster for extended warranty company, service writer , and now in parts at a body shop). Ive have worked at a dealer 9.5 years.

[@sammiemakki9339]

Sales man at Toyota tried selling me a 24 sequoia trd pro for the same price as the 25 model which dealers started getting. I told him unless he’s giving me a few thousand off - there’s no way. I got a 25’ model 2 weeks later at another Toyota dealership for the same exact price… and they installed the $1600 roof rack by accident so they didn’t charge me for it 😂. Idk what these dealerships expect

[@1zAlfonzo]

I remember when i was on a road trip, i decided to stop by a Dodge Dealership in Atlanta. They was asking $105k for a 2023 Hellcat (Non Redeye) Charger!!. I reported their scam, 4 days later at 3:45AM, the car was literally stolen off the lot 😂

[@cvn6555]

We bought a brand-new Subaru Crosstrek in 2023 for about 1k more than a three-year old used one with 30k miles. Doesn't make any sense at all. Are there really that many stupid people out there?

[@Jazz4Jesus]

Congratulations man! That's one of the best SUVs on the road now

[@radzer0966]

They need rules where if a vehicle passes 365 days on a lot it’s a used vehicle. Dealerships don’t wanna price it to sell it’s on them to eat the loss. When the manufacturer says we aren’t going to give rebates to cars that should be going out of warranty. That’s a bad sign.

[@lot2196]

They will crush unsold inventory before lowering prices by any significant amount. If they give big discounts once, they can never go back to gouging.

[@Gladiatorguy1998]

Just a big scam.

[@YouSoundButtHurt]

How can they crush them if they owe banks money for them? Unless they paid them off of course.

[@MrSloika]

True. These cars will never be sold for what they are actually worth.

[@evil1st]

I dont think they will be crushed at all. In 10 years all of these cars will have been sold at auction and be worth a fraction of what they are. The present is bleak but I see the future being full of cheap low quality cars that you can beat up. Those grand wagoneers will be worth like $20k in the future. Those F-150s and Dodge Rams will be worth like $10,000 to $15,000. Were basically in the 70s again where all the cars are too luxurious and nobody wants them and it will be like the late 80s or early 90s in 10 years when you can buy some of these cars used for a couple grand or less. Its high supply and low demand along with low quality. Plus expensive gas, just like the 70s. Save your money now and the Shelby F150 or the Dodge Ram 2500 or even the GMC Denali will be affordable in a decade. I predict the cars actually getting smaller and more affordable by then too which will bring the price of these new-malaise era cars down significantly. If the price increases and quality control issues keep going on its bound to happen. Ford, GM, Stellantis and Toyota will look at their failure of luxury products and focus on more affordable vehicles. Thats exactly what happened in the late 70s during the oil crisis.

[@haredr6511]

They won’t be crushed. They’ll be leased-out at insanely low prices by running the numbers with artificially high residual values. What that means is that as usual the taxpayer pays. Here’s how: 1) Excess inventory builds-up (particularly EVs), devaluing every day, and costing money to hold 2) OEMs assign unrealistic residual values, allowing super-low lead rates. $100k vehicles are leased-out at

[@jamestufts8073]

101,000 for a Jeep? That’s unbelievable!

[@TehMC]

$101,000 for a Jeep Wrangler is absolutely diabolical.

[@justindressler5992]

These new cars ain't new no more 😂

[@TheCoolOwen]

4:21 $42k for a $24k Ford Escape? Like, what?!?!

[@MrTmax74]

Ridiculous

[@Aceve227]

Dealer markups

[@AnimationByDylan]

I’d pay a solid $12k for a new Escape.

[@Aceve227]

@AnimationByDylan What world are you in?

[@Aceve227]

@AnimationByDylan Unless you get it used you'll never find a brand new ford anything for $12,000

[@future1096]

that part about losing customers long term because of the markups that happened is 100% true

[@thefoodcan]

500 down at 84 months for 1475 a month is criminal. That's around like 30k profit for the dealership.

[@666dynomax]

look at that jeep $96961, $500 down and 1560/mo +399 doc fee you end up paying 131939. $34978 just in interest 7 years. Immagine if everyone just took $34978 and bought what they could for cash.. a nice rav4, used 4runner, used pickup etc. what a total friggin rip. It's like boneheads just can't see past the pretty jeep to do the math on what it costs them. not to mention what are you not doing while making that insane monthly payment (ie: investing). $1560 starting with that $500 down invested at 6% gives you $163115. would you rather have that or a $20,000 used broken down jeep?

[@666dynomax]

@@bigdawg7603 your point is legit.

[@Krieghandt]

@@666dynomax Ya know, a nice bicycle is around $1100. Recumbent trikes are $4k, 9-10k with a motor. And no auto insurance or taxes. So you would still have $24k to spend.

[@666dynomax]

@@Krieghandt life can be done cheaper for sure if we just stop trying to show status. I bomb an 11 year old Corolla around when I don’t need to use my truck. Saves gas and is easier on repairs tires etc. all my cars and toys paid for and no more come home unless they are paid cash. Car payment keeps you poor

[@dougkabler3032]

That is a mortgage payment.

[@avayalde6902]

These kind of videos brings joy to my heart.

[@MinistryOfMagic_DoM]

This used to happen a lot when I worked at dealers from 2015-2017. The problem then was the same as it was in 2020. Dealers were greedy and they would put markups on vehicles and no one would pay it. They never learn that normal price selling 100 cars is better than selling 10 cars for 20k markup.

[@cvn6555]

You'd think they'd look at the empty service bays and get the idea to move as many cars as possible.

[@Mick_Pickle]

Years ago we bought a Sequoia that was sitting on the lot for around a year. We talked to the young salesman who was very forthcoming with information. He mentioned the dealership was contemplating just taking it to car max to get what they could for it. Also the dealership wasn’t going to get any new ones until they could get it sold. We got over 12k under the msrp.

[@mcfrisko834]

Yeah that’s how you do it baby! Right on!!!

[@oveidasinclair982]

And still got ripped off

[@CoIoneIPanic]

you still got got. No one gets over on dealerships or Vegas. They have a GF line and they never step over it.

[@Mick_Pickle]

@ I still have the Sequoia. It was a 2017 Platinum bought in 2018. We use it to pull our small travel trailer and to haul our kids and their friends around.

[@MrTruckerf]

@@Mick_Pickle Super good deal! Glad it has been a good vehicle for you.

[@spinnetti]

Pricing is insane. F the dealers

[@Sjrick]

another thing to consider is to get a car broker to haggle for you. I bought my car using one. He saved me thousands of dollars. I never talked to any sales people or finance people. The dealership even delivered the car to me. I never stepped foot in any dealership. Ive been fortunate. My last three car payments went from 460 to 360 to 250. I think thats more than reasonable compared to what people are paying now.

[@mikeisaacs2314]

Wtf 43k for an Escape and 70k for. Ranger I’m speechless

[@BruinHerr-bj7uk]

I special ordered a new Ford Ranger in 1993. XLT extended cab, 4x4, 4.0L, manual transmission, manual transfer case, manual hubs. No A/C no power windows. $15,800. Still have it 31 years later. Just rebuilt the engine myself last year. I live in MT where they don’t salt the roads. Has had permanent registration for over 20 years. So sad you can’t buy a manual truck anymore. Millennials and Gen Z can’t figure out how to drive it.

[@someone46018]

I bought my 95 Ranger for $2K, that thing refused to die with close to half a million miles on the clock, I would be surprised if that $70K Ranger makes it alive to it's first tyre change 😂

[@BloodySoup74]

​@@someone46018I probably had a hand in building your truck. I worked at the Ford plant in St Paul until they closed us down in 2011. Those were my best days ever. We're happy to hear that your truck was a beast.

[@youtoobe169]

You can get a brand new 2025 BMW X3 for roughly the same price as a Ford escape.

[@someone46018]

@youtoobe169 and have twice the issues 😅

[@cheftomsd]

Paying $100k for a Jeep is like setting 20 grand on fire in depreciation the first year. It will depreciate much faster than you can pay it off and pay a ton of interest on a big loan along the way.

[@petermacgregor9805]

How bout $40,000!

[@youtoobe169]

You're going to lose way more than $20 grand the moment you drive it off the lot. It's probably worth $60K by the time you get it home.

[@jpii8468]

I sold my 392 Daytona Charger to Carvana in 2022. They gave me what I had paid for it new in 2018. I banked $20k and began looking for a truck. Truck prices were through the roof, so I stayed patient. I found a 2023 RAM this July that never sold. The dealer added over $13k in upgrades (wheels, tires, lift, power side steps, bed liner, tint, etc). The MSRP on the truck was $65k, plus the upgrades had the final price sitting just under $80k. They were running an Internet special for $63k. I went in and was able to negotiate $58k OUT THE DOOR (Tax, Title, etc). If you're patient, you can catch dealers in desperate spots 💯

[@drakekennedy2353]

73k for a tradesman work truck!! Only a cab on chassis. Nice that it's a Cummins but it should only be worth 30 to 35k.

[@davcuts2897]

Why are they surprised they are not selling. They cost just as much as a BMW and Mercedes-Benz. Both of those still sell well for the most part. GM, Ford, Jeep seem to have forgotten the people who buy their vehicles are not the super wealthy.

[@Deetroiter]

YES! I just spoke the other day about this with someone. Ford, Chrysler, etc all are all lost in the mind. They charge the same amount, if not more, than a BMW or Mercedes-Benz. If you give me the choice between the two, if I'm spending that type of money, obviously I'm going to buy the 'luxury' car if I'm spending luxury money. Any model from ChryForGM is NOT a six figure vehicle. Regardless of feelings on them, the only affordable American car these days are Tesla's. Made in the US by American workers with predominately American sourced components. Sad I can't say the same about the other brands. GM went all out as a Chinese company after 2008 and Chrysler got sold to Luigi. Ford? They're more concerned about building in Mexico now. True shame

[@Grimenoughtomaketherobotcry]

So you're saying it would be a good time to really open up the auto market to competition and let the Chinese sell directly in the US? Won't be happening for the next four years!

[@TheKildar]

After what the 'big 3' did to their workers, mass firings of career workers and plant closures after 30+ years, I will never again buy a north american made car. I have a 10 year old, 6 speed manual, Japanese sedan that has had zero mechanical problems over it's lifetime. I just put it's 3rd set of tires on it, and I expect to drive them smooth on this car.

[@USA-Citizen1]

I have a tip for them, LOWER YOUR PRICES!

[@BIG570S]

The ones that still have a “new” ‘23 on the lot are the ones that were doing crazy mark ups for 2yrs. They deserve every bit of not selling those units.

[@David-be1ox]

They pushed as far as they can! 70k- 90k for a vehicle. Not including maintenance costs. These people are in the Emperor’s new clothes!!!

[@carlr9148]

0:40 2023 Aston Martin for $525k..... In the UK at this age the car would more than likely be classed as a dealer model and therefore a 1 owner second hand car. Brand new when it was still made it would have cost around $330k and you can get a 2023 second hand direct from Aston Martin with only 500 miles on the clock for around $217k. Even with import taxes from the UK to the USA you would still be saving a fortune and the engine would be partially run in already. I'm guessing this car is gonna sit on that lot for quite a while.

[@briansbrain426]

Half a million $US dollars for a 2023 Aston Martin.......

[@beavisbutthead2058]

That’s crazy , better off getting bmw m5 competition For 150K

[@anthonyrowland9072]

They've doubled in price in 5 years too it seems like...

[@sadiquap123]

Why is that outside vs on the showroom floor lol

[@rabd3721]

High end luxury brands are a joke lol. At the end of the day, it's a bunch of **stuff** that I don't really need. A scam.

[@justinlord930]

@@anthonyrowland9072they’ve switched to AMG powertrains, so the “reliability” and ease of repair/maintenance is down to german car levels instead of exotic hand built british supercar. And their coupes are drop dead gorgeous. I see the appeal

[@mterwill9]

4:15 is what it’s all about. There are groups on all the social media platforms that kept track of the dealerships that were taking advantage of people during the “supply chain issue” times. When we went to buy my wife a new car i looked these up and made sure to avoid those places. Took some work but I feel so much better about myself knowing that not only did we get a good deal but that we didn’t give our business to a greedy dealership.

[@Spillmansgarage]

This happens all the time. I worked at a dealership 10 years ago. We had new cars on the lot that were 2 and 3 years old. They usually ended up being used as loaners for awhile, and then sold as demos on the used car lot.

[@alexanderdeclercq982]

those grand wagoneers look like a hearse

[@TaterPS]

Yes, a hearse for your bank account.

[@rodimusprime3621]

I've only seen a couple on the road. Crazy anybody would pay so much for a stellantis sh1tbox

[@garylee2532]

I rented one recently for a 1500 mile round trip. This thing was NICE. Great gas milage, great power for a small twin turbo 6 cylinder, etc. Brought it back and told the agent all about what a good vehicle it is. She told me " Well it is coming up for sale and you can purchase it directly from us". I of course said how much? When she said $84,999 for a suv with 37,000 miles I couldn't help but take a quick breath. While it was a nice vehicle, It certainly was not worth that in my opinion. That is the game folks.

[@pjeverly]

@@garylee2532 I agree. I rented one for a family road trip. It was really really nice. I would consider looking to get one, but the price is ridiculous. 60k maybe.

[@stevenphillips3466]

for your bank account

[@vargasjohnson540]

We seem to be at a point where dealers & auto manufactures are being reminded that there are more poor people in the USA than rich people. 😉

[@MrTruckerf]

Even poor people are wealthy by other countries standards. That is why everyone wants to come here.

[@larshowen3319]

I was recently at a DCJR dealership for recall work. While i was there, I walked around the lot with a salesman. He showed me the current iteration of my Ram 3500, and I giggled a bit. Then, he said if you think that’s funny, check out that Grand Wagoneer! It was $130,000!!! I laughed out loud! I felt sorry for the guy. How can you sell a piece of crap like that for that much money?!?

[@alansmith4734]

Pray for severe hail storms?

[@ctcv-to8kq]

HA!

[@mari0c0leman]

Nope. We do want the vehicles to look nice with the reduced price. 😂

[@vniDubs]

Dealers would make insurance claims, get full payout and gouge the bodyshop a cut for repairs and the cars will be back on the lot within the same season. Then gouge the unsuspecting customers trying to sell it as brand new.

[@ZoneCrasher]

@@mari0c0leman Hail damages are mostly cosmetic if you want something even cheaper.

[@dekunleandrew6216]

How can they claim on a car that insurance companies have paid for? The cars belong to the insurance companies they will sell it at the auction. You must not no how that works.

[@Sam-M7]

How do these greedy bastards stay in business?

[@lot2196]

Not everyone is broke, and unfortunately, there are a lot of stupid people in this world.

[@Gladiatorguy1998]

@@lot2196lots!

[@Anomize23]

@@lot2196 when all dealerships are getting everybody financed, that’s the definition of broke people. Especially when it comes to leasing. So yes, more people are broke, and they do make payments longer than a decade now than ever before. Let’s not try to sugarcoat

[@barkeater123]

Obama bailouts

[@tenfourproductionsllc]

More people have more cash than anytime in history. So you got that, tons of "old money" out there from inheritances and such as baby boomers are dying off.

[@cal4625]

Here in rural fly-over country, lots of buyers don't give a crap about the sticker price of a vehicle. All they want to know is how much the monthly payments will be. They don't consider things like interest, license, registration or insurance cost. After a few months the now trashed vehicle ends up sitting in front of a mobile home with a FOR SALE sign stuck in the windshield.

[@cvn6555]

Can confirm. Too many people only fixate on their monthly payment. Many never ever know what the total price is. Lots of really dumb people.

[@ICantBreve]

Im quite happy with my grandpa 08 Buick Lacrosse car. It will outlive me and its comfortable.

[@rospencer611]

Check those widowmaker front control arms if you live in the rust belt. I had an 06 Buick LaCrosse rusted control arm break on the highway and damn near bought the farm. Bought a similar 2010 GM for my daughter a few years later and replaced both control arms the same week.

[@Whatisthis195]

Old days: this cars been sitting for 100 days! 0 percent, 72 months, 20% off! Today: this cars been on the lot for 2 years, offer 5% for 3 years, or 5% off. Not both though.

[@327SixShooter]

well it's working for most car makers. Their profits have been smashing records. They would rather sell less vehicles overall than sell them at a loss. It seems to be working for them.

[@Whatisthis195]

@@327SixShooter ford and Stellantis just posted bad quarters. Stellantis longer than ford. GM’s are starting to pile Up. Come back this time next year

[@SebTheEdge1]

Usually if a dealer cant move a car they will use it as a demo, or a vehicle customers borrow when their car is im service. They use the car for about a year then if it was a demo they put it back on the showroom floor with discounts and if they just have to much stock they usually cut their lost and send the vehicle to a dealer auction. So if you want to buy new car ask if they have any demos for sale as they usually have max 10k miles and are highly optioned or have rare features.

[@OttoTheWeim]

The markups are precisely why I completely wrote off Ford as a whole. They were doing some super shady stuff on premium vehicles and I vowed to never buy a Ford due to those dealer actions.

[@1zAlfonzo]

Have you seen BMW with their garbage modern designs? They wanted 50k for a base model X3 and the interior was more basic than a 2000s Toyota 😅

[@js5584]

Same bro. Was thinking about a raptor... Nope, never, ever, ever. Ford has permanently lost my business.

[@soun6589]

Supercar brands jumping on suburban mom crossovers and EVs is brand suicide at its finest.

[@Drewcardello]

Only snobs buy.

[@lh-hw7il]

That Aston crossover looked horrible. It legit looked like a 40k car if you hid the badge.

[@billblue]

No it’s not. Take Lamborghini for example their most popular model is the Urus which is the suv. This gives them the money they need to develop and build low number high priced supercars.

[@cvn6555]

You're joking. That is where they make the most money. Porsche nearly went bankrupt until they sold the Cayenne. They make most of their money on the Cayenne and Macan. Why do you think they produce so many of them? Practically the only new car you can get at a dealership besides the Taycan. The markup on those SUV supercars is extremely high.

[@ahill209]

It's no surprise a $100K Jeep stays on the lot for hundreds of days. Seriously, $100K for a Jeep? I bought a Kia Telluride in 2023 from a local dealer. They marked it up big-time. Due to poor reliability, recalls, and quality issues with their service department, I traded it in for a Honda Pilot from a reputable dealer. I'll never buy from that Kia dealer again.

[@driftability]

All these companies squeezing as much money out of people as possible that now no one has any left

[@davidreed3165]

Remember when they used to have the year end clearance sales? Haven’t heard that term for quite a while. The taxes must be killing these dealerships. No wonder my Dodge dealer charges $225 an hour labor.

The taxes they don't pay.

[@kirkboivin4357]

Need to be doing your own repairs. Where else are you going to make $225.00 an hour.

[@vashthestampede9269]

@4:49 That sticker is wild! It has like $2600 in add ons and then says “market adjustment $10,000”. And then the total still doesn’t add up correctly. Fucking insane.

[@NevanRead]

I work at a Porsche dealership and we have five new cars from 2023 sitting on the lot. Plus plenty of 2024 models sitting on the lot as well.

[@lordmaster5522]

But none of them are 911 or 718. Only the Panameria, Cayanne, Taycan, and Macan are sitting on the lot.

[@yiga4171]

What's wrong with that?

[@kurt477]

​@@yiga41712025 cars are coming in and they still have two year old models on the lot

[@Anomize23]

@@NevanRead and I bet they just sit for quite a good time without anybody ever turning on those vehicles, not knowing when those batteries are about to die. Sounds like a place to stay away from

[@davidstud3952]

Hope the Taycans don't sit with 100% State of Charge? Are dealers aware how bad that is for the battery?

[@ATLOffroad]

There is still a Toyota dealer near me that has “Market Adjustment” money added in November of 2024. Each Land Cruiser is marked up $9995 and each Tacoma is marked up $4995. It’s crazy because the other three Toyota dealerships do not have any adjustments.

[@matthewhuszarik4173]

Tacoma sales are off almost 10% from last year when you expect a new model will increase sales by 20%.

[@pablogalvz]

This is why I continue to buy Teslas - the buying process is so transparent and simple. Just order online, no shenanigans

[@Harminder_Saini]

Garbage build quality, though.

[@johnshaddick6858]

When car of truck sits for too long, what happens is, that the enternal parts of the motor and transmission, do not get lubricated. The tires also start to get flat spots and the tire will start to crack and rot. Even if these cars and trucks prices was cut in half, they are still over priced. The half price should cut in half, then it be worth buying them.

[@JP.nikesox13]

This is the comment I was looking for

[@johnshaddick6858]

@@JP.nikesox13 Thanks. I also forgot to say , that the battery will start to degrade, since it is not always charging. This condition is called sulfation. 9 I probably spelled it wrong ) Once this process begins, the battery is no good and will not give it`s top performance.

[@ProLibertate2008]

In December of 2011 I bought a "New" 2007 model year sedan off a dealer lot. It had 162 miles on it and I paid 40% of the original sticker. It had been sitting on the lot for 4 years due to the financial crisis and I'm pretty sure it had been in the showroom a while when it originally came out. I owned that car for 12 years and did all the maintenance the whole way. When I got rid of it I added up everything I spent and it worked out to .19/mile to own that car (170,000 miles). I would gladly assist any dealerships with their aging, unsold inventory again. Least I can do in their time of need.

[@357siver]

First of all these vehicles are way overpriced for the average person eventually there's gonna be way too many cars And not enough buyers😅 2:05

[@Ronnie_rte66]

Exactly

[@MrTruckerf]

I think the car companies should close every other year.

[@Jaxmusicgal23]

It’s already to that point…. They shouldn’t be manufacturing any new cars for at least a couple years if we have two years of backlog … But see that will mean that people will be on furlough and not have a job …. So they just keep losing money and making more cars even though they haven’t sold the ones from two years prior…. It’s gonna eventually hit the fan and these companies are gonna go bankrupt if they’re not careful

[@mr.lumbergh]

And people ask why I just keep paying to maintain my old Tacoma rather than buy new…

[@oldphart-zc3jz]

Wisdom^ If not permitted to rust forty or more years is reasonable truck life. (I barely consider non-techies human. We are a tool-using species which promptly die without tools, even if all those are is flint knives and fire-hardened spears.) My newest are 2000s (Ford and Chevy) and my eldest is a '76 Ford wrecker. If you can keep buying more of the same truck you like and hoarding factory parts new or used. It pays off.

[@ManneGonzalez-mw3jm]

Yup, my '99 Jeep Cherokee headed in the same direction.

[@cvn6555]

Some vehicles are well-built and can go for 100,000 miles or more if maintained properly. Not a lot of them, though.

[@yellowquantum4240]

The car industry is a scam. I am in the market for a car I know what I want just sitting to strike. Great video !!!!

[@PerfDayToday]

Great video. $100k for a jeep, (not the wagoneer) had no idea. Subbed.

[@texan176]

Some Audi, Lexus, and Mercedes Benz dealers in my area built giant garages before Covid hit. Lot rot is not as bad if the cars sit out of the sunlight and rain. The cars that sat in the 105+ degree days for 2 summers in Texas are somewhat destroyed. The clear coat is UV damaged and the interior materials cooked in an oven.

[@DrWillFaartz]

So glad you mentioned that 2nd sticker mark up is a public relations disaster- I won’t shop a local dealership anymore cuz they did that..

[@tenfourproductionsllc]

They all do it, even the one's the claim on radio and TV ads that they don't.

[@K20CV2]

$100k+ for a wrangler is hilarious and sad

[@luisem214]

Thank you for changing the topic that we're normally seeing on here lately.