Car Prices Begin to FALL | Car Market RESET in 2024!?

🚗 What's the best way to buy a car today? Skip the dealership hassle with CarEdge Concierge, the most trusted car buying service. Save more and stress less, with home delivery available:
⮕ caredge.com/concierge
🚗 Ready to buy a car? Find the best car for you with CarEdge
⮕ caredge.com/buy
💰 Get more money for your trade-in! Compare offers with CarEdge:
⮕ caredge.com/sell
🚗 Join the CarEdge Community:
⮕ caredge.com/community
🚗 Get educated on buying a car with CarEdge's Deal School 3.0:
⮕ caredge.com/dealschool
CarEdge Podcast: Daily News You Can Use
⮕ Spotify: open.spotify.com/show/5Mv58R6...
⮕ Apple: podcasts.apple.com/us/podcast...
Instagram ⮕ / mycaredge
TikTok ⮕ / zachshefska
Check out CarEdge merch:
⮕ shop.caredge.com/
Is there a car market RESET on the horizon? Ray and Zach break down the data that leads them to believe that both the new AND used car markets are getting back to normal. They also answer everyone's favorite question: should you buy new or used right now???

[@CarEdge]

No Dealers. No Hassle. Serious Savings. Let the pros at CarEdge do it for you! ⮕ caredge.com/concierge

[@hairvista2068]

Complete baloney

[@JulesJules707]

@@hairvista2068why

[@Kparc1212]

Figured

[@Kparc1212]

What do expect, they’re CAR DEALERS!

[@putospic]

Do you provide services to those that live in Canada?

[@HarryTwatter]

The only thing I've seen drop is my trade in value

[@devon_dahlia125]

Bingo! This sucks

[@jonturcotte4898]

I am on the West Coast and I have not seen prices drop at all on trucks.

[@abrahammc2125]

@@jonturcotte4898 West Coast is always more expensive. But most dont care because most West Coast buy a Tesla, Tesla's are the cheapest car you can buy currently new. and an even better deal used.

[@theshark2804]

@@jonturcotte4898 because they found out people will still pay it.

[@maxcodyshadow]

Your trade is always going to drop it's a depreciating asset it's not like it's real estate or diamonds or art on your car appreciating I got a bridge in Brooklyn and some swamp land in Florida that you can buy change that because the swamp land in Florida is getting really expensive

[@KinoTechUSA69]

Same headline every week for 3 years. I'll believe it when I see it.

[@R0CKtheR3D]

I mean… you should be seeing it. It didnt happen overnight but used prices are down. Google “cargurus used price trends” and look at the chart. The market is much lower than 2022-2023

[@SuperSnakePlissken]

Prices are not going down it’s just that time of year where they’re trying to get rid of inventory and summer marketing discounts. The difference were seeing is because prices are now so high that the discounts are fairly large but it doesn’t mean prices are coming down and in fact they’ll never come down. That’s why inflation is so dangerous. Think about when you vote.

[@KinoTechUSA69]

​@@SuperSnakePlissken100%

[@stavroslask1292]

Yup CarEdge is compete BS! Nothing came to fruition

[@NtenseXchange]

@@SuperSnakePlissken right ? Idk why these guys always up on here daily saying the same shit. Ain’t nothing changed. Just time of year. wtf.

[@krr104]

Been seeing videos about the market crashing for years now. And it hasn’t. They will keep prices high and wait for a bailout when it doesn’t work.

[@stavroslask1292]

CarEdge is in LALA LAND! They are just baiting viewers with 1 example here and there across the entire nation. Here in NYC there is ZERO DEALS BECAUSE THERE IS AN UNLIMITED AMOUNT OF BUYERS AND VERY FEW DEALERSHIPS.

[@hairvista2068]

All these KZbinrs are sad clowns at this point.

[@stavroslask1292]

@@hairvista2068 I’m about to unsubscribe because it’s a hypothesis that never panned out!

[@fishinnewengland4807]

@@stavroslask1292 Are you guys not seeing the numbers come down like everyone else or?

[@fishinnewengland4807]

yet prices are coming way down. but no theres no crash...

[@mitcl8915]

It’s cheaper to keep my 16 year old Lexus and 30 year old Silverado maintained than buy a new car. No car pmt is the best car pmt.

[@WarpedTrekker]

Nah. Id rather not keep cars that long. 5years max. I like a different car.

[@concernedcitizen780]

Banks don’t want to give out loans. Dealers have huge inventory. The average American is not making 50% more than they were 4 years ago.

[@ScanFan_Ed]

I feel like many dealership would rather collect cars than sell them.

[@mindfullymellow2323]

My son was just gifted $10k from his grandfather to put towards his first car. Going to a new job in a new city. Smart kid, is now buying a used Corolla in cash, rather than signing up for car payments. So grateful for grandpa’s generosity!

[@The_Real_Indiana_Joe]

You raised him right!

[@mindfullymellow2323]

@@The_Real_Indiana_Joe - this single mom really appreciates your comment.

[@upyours999999]

Corolla is a death trap

[@Themfeels101]

If he needed some credit history he could’ve kept that money, financed the vehicle with a credit union, put that money in the credit union, set up auto pay to take out every month, make 1 big payment at the start, then let the loan pay itself off with that money over time doing more than the minimum due . If he doesn’t need a credit builder then good job.

[@Themfeels101]

@@upyours999999Every car is a death trap

[@devn3813]

They could take $20,000 off of MSRP and vehicles will still cost more than they did before. It is absolutely insane.

[@scottlowell493]

Toyota is evil about that. The tacoma jumped $15k almost overnight. It was ALREADY more expensive with less power and features than other midsized trucks.,

[@TheWillieG]

These recent reductions are laughable. Prices have doubled in the last 2-3 years. Not all Americans are stupid to pay these insane prices. Let them rot in the lots !

[@devn3813]

@@TheWillieG exactly !

[@dorjiphalam]

Its the dealership markup and greed not toyatas fault. ​@scottlowell493

[@johndodson3020]

​​@@dorjiphalamhow so? Toyota nissan ford ect make the vehicle then set the msrp. 5yrs ago MSRP's were down what, 30-50% than what they are now. Everybody took advantage of Covid and chip shortage and supply issues to jack up prices FROM the assembly line and then, yes, dealers would try and add 10K, 20K, 30K on top of MSRP as a "market adjustment" but with more cars n trucks available new those markups have largely disappeared but i havent seen MSRP prices go down at all just trying to sell the cars with a 1% incentive to offset the crazy high prices. I alway think of the 'if one is right the other must be wrong' scenario...if pre-pandemic cars were underpriced and now they are priced more in line with what actual building costs dictate or pre-pandemic pricing was spot on then during/after Covid pricing was jacked up due to all the free money...bother scenarios cant be true at the same time and the "1 is right other wrong" being too black n white answer but i dont still believe dealers are the only ones at fault. Try dumping some of that angst on the manufacturer doorstep

[@nicholaspaul9638]

In 2020 I bought a used vehicle from a dealership for around 20k. That vehicle was totaled at the end of 2021 and ended up being valued at almost 30k. Bought another used vehicle from the same dealer for around 25k in early 2022, the dealer is now constantly emailing me about wanting to buy my car! Used Car market is crazy right now

[@asdf_asdf948]

I bought a pre-owned Honda Civic in 2013 for 13,000 - checking all the websites today and with 70k more miles they are selling for 10-12k 🤣🤣🤣 people are crazy, my car should be worth half of that or less

[@2001chevycamaross]

Thats just a tactic to get you in the dealership.

[@Sashazur]

@@2001chevycamarossYeah just because they want your car, doesn’t mean they’ll give you anything close to what it’s worth.

[@2001chevycamaross]

@Sashazur I know someone with a 12 yearold ford fiesta that is known to have bad transmissions, they constantly get letters saying their car is in high demand...lol

[@AlderaansRanger]

@@asdf_asdf948damn must be nice. My 2018 Honda civic with 98k miles is valued at $10,000. Mind you the interior is a bit stained and I’ve got a dented front bumper and back bumper from people backing up and hitting me from behind 😂

[@ericdean2525]

Prices are not falling fast enough nor are they falling low enough. I will continue to hold plus today’s prices make my current vehicles look better and better every day. I’d rather give my money to my hard working mechanic than give it to a dealership.

[@MA-id1hr]

Hell yeah!

[@waynewilson6454]

Not seeing it fellas, here in Michigan and dealers still have 23’s on lots that they are trying to sell for prices of 24’s and don’t want to budge. So maybe it will happen in the next 18 months or so but not seeing it.

[@Truthandjusticeforever]

Michigan is the worst State to buy a new or a used car. The new you will get ripped off on and the used are all rusty because of the road salt. I recommend you expand your search to Ohio, Indiana and Illinois where dealerships are better managed.

[@johnhinant970]

If the car market wants to survive it will drastically cut prices.

[@user-kx7iz6qk6b]

Agreed!!!!!

[@sachinnair91]

New Toyota Corollas are still being sold for well over MSRP in Texas. Toyota is purposely producing less Corollas to create an artificial scarcity

[@HarryTwatter]

They will just get bailed out by the government

[@abrahammc2125]

@@sachinnair91 Yeah we know this. Their earning reports should that they made record profits but also produced 400k less units in 2022 and 2023. Do you know many 400k units are? You could line them up and reach across multiple states at that point

[@alex-talk]

they'll just get bailouts if it ever gets bad enough

[@BigHairyManBeast]

Idk about this, I've wanted a new car for 3 years and prices are still ridiculous. I paid 4k private for a 07 prius 70k miles in 2016 and now it's at 155k worth 6-7k used.

[@perrysmith2968]

I guess the Toyota and Honda dealers in the Charlotte NC metro area did not get the memo, they will not make a deal below the vehicles’s sticker price plus the dealer add-ons, making the price even higher.

[@davidhorne2326]

I’m in the same area, and not much of any discounts. What little discounts are eaten up by add ons!

[@WarpedTrekker]

Same in Austin Texas. Honda dealers adding on packages when cars come direct off the truck. Japanese running Honda now should be ashamed. Honda used to be trustworthy.

[@Snowboarder16]

Clickbait. How many times have we watched this same video? 😮😮😮

[@christinamartinez8132]

My 2O19 Passport got totaled by a lady that ran a red light. I've been without my vehicle for about three weeks. I can't afford a $700 montly payment even though my credit is really good. I'm beyond frustrated with these car dealerships being so greedy. She had insurance but I'm still waiting for her insurance to pay my SUV off.

[@RonKnowsStuff]

Went to a new car dealer this past weekend. All vehicles new and used had a $2495 addendum with dealer add ons! The prices they advertised have the addendum in small print along with the $999 processing fee

[@asdf_asdf948]

I just closed with a Toyota dealer on a new car for 2k off MSRP which is around 6% discount on the most in demand brand in the country. You can do it just dont fall for the BS

[@RonKnowsStuff]

@@asdf_asdf948 nice!

[@jerrylundegaard2592]

My daughter just bought a 2025 Honda Pilot for about 8 percent off MSRP, including the fake doc fee. The dealer had an addendum attached to the vehicle for $99 wheel locks and $199 for the elusive nitrogen. That was ignored. Dealers can ask what they want but car buyers can offer what they want.

[@RonKnowsStuff]

@@jerrylundegaard2592 I’m about to do a video on that very topic.

[@tomygun1585]

Salaries remain stagnant but the cost of everything, including vehicles, takes off like an F-22 on takeoff with full afterburners and manufacturers are wondering why they can't sell at 50% markups.

[@GMacII]

I’ve seen too many of these videos with the same titles, yet the REAL WORLD never reflects said videos.

[@user-wc9lu4zd3n]

Same. Will block this channel because all the time same title and nothing new/concretw

[@robertglass4169]

“There’s only so many $68k pickup trucks you can sale” absolutely right! Those $68k should be at $55k and consumers know it. Fact- In 2017 I paid 49k for a fully loaded Chevy Silverado Crew Cab LTZ with 4x4. Fact- In 2012 I bought the GMC version of that truck Sierra SLT Crew for $42k 2019-2022 you could not find a new comparable Chevy LTZ/ GMC SLT for less than 63k They will have to go back to the 10k/12k discounts to move these nicely equipped trucks.

[@jimbob2525]

Dealers are willing to negotiate which is fantastic. I just asked 24 otd on a cx-5 grand touring with 32k miles and no accidents and they agreed with little to no push back

[@jakesmith-ho4bl]

What year?

[@jimbob2525]

@@jakesmith-ho4bl 2021,

[@jav100]

What was the asking price

[@gabrielsanchez4207]

Yeah what was the asking price vs what the OTD you got?

[@shackrat2331]

Did you buy it?

[@craighanks429]

Not sure what part of the country you’re looking at but I’ve checked our local CDJR dealer & their prices haven’t budged. They’re still outrageous. Their Grand Cherokees parked door to door they’re so packed while their Honda division barely has any vehicles! Even Honda where my son in-law is a salesman still has higher MSRP’s. I’m about 2 years into my 3 year lease on my Honda Ridgeline. Keep up the good info videos guys, watch you all the time.

[@richdiana3663]

Don't think we'll see normal in the auto industry anytime soon, if ever.

[@abrahammc2125]

We will, just depends on how fast we can adopt direct to consumer. Tesla here in California costed 900k per dealership registered (that includes small time dealers) in 2022. Tesla's model 3 is far better deal than their comparable camry. The reverse happened in 2024, ICE cars are selling more than EVs because people want the last generation of ICE cars before the government goes and starts making EV mandates or speed limiter mandates and etc

[@abigaila7341]

Bought a 2015 Toyota Corolla with 40k miles in 2018 for 15k. Sold that same Toyota in 2022 for 15k with 92k miles 😂 got my money back. WFM. Been saving up to buy a bigger vehicle but looks like I’ll need to continue waiting a little while longer. I’m okay with that because one thing I’m not gonna do is get screwed over and over pay for a used car.

[@TheWillieG]

Smart !

[@mthomas4139]

The prices are insane and the interest rates are very high. We were all set on getting a new car for my wife, but scoffed once we saw what we'd have to pay. It's simply not worth it right now.

[@josephkelleher8820]

It's hard to find new front wheel drive midsize cars because car dealers carry all wheel drive cars. A lot of the cars on dealer lots have turbocharged engines. All I want is a vehicle like my present car that has a 2.5 liter inline 4 cylinder with front wheel drive. That's all I really need.

[@RonKnowsStuff]

Sonata?

[@NVRAMboi]

*@josephkelleher8820:* Mazda 3, Honda Civic Sport, Toyota Corolla, Subaru Impreza (*flat boxer 4 w/AWD standard). They're out there via online search and with patience.

[@EdwinRodriguez-zt5fx]

I'm in the market for a pickup. Saw this ram I liked, the thing was discounted $15k plus special 60 month financing. My payment was going to be over $1k a month STILL 😂 forget it man

[@TheWillieG]

Smart man! We the consumer control the market.

[@misterscruffle]

The best part of this video is the “I love you” at the end. ❤

[@Tigerroux]

I haven’t seen any discounts or good inventory. I can’t even test drive the car I’m interested in because dealerships won’t stock up. The dealerships act like they don’t want to sell anything.

[@Jimster481]

The prices of used vehicles has been falling like a brick. However every dealer I see is now filled with inventory of new cars vs no new cars. I also rarely see new cars around... so people are in general not buying new cars and most can't even get financed.

[@stevecolombe4446]

In my area the new car prices came down a little bit. Used car prices are still outrageous. I can buy a new car for around 2K more than a 2 year old used car with 25K-50K miles.

[@BlackBullRising]

I've been waiting for prices to bottom since last fall. Prices aren't dropping fast enough. I keep waiting because I'm cheap and will buy it cash.

[@TheWillieG]

Same here. I’ll keep my current cars. I’m in no rush. I’ve waited 3 years I can wait another 3. We the consumer control the market. Hold the line folks! Let them rot in the lots.

[@lucasbeven4941]

You should make a video about the most incentivized cars. You can even make a video for each category of car such as truck, sedan, sports car.

[@chadbutler3277]

Ok they went up a crapload (technical term) now they have come down 500 dollars on a 60 k truck I just want to dance in the street with you crazy Ray! I'm so excited! I can't catch my breath!!

[@garyb5909]

I totaled my 2016 truck been driving my mom’s old 2003 Van. Just looking to find a great deal I do want a truck. I don’t want to rush into the wrong truck and now listening to you. I might wait a little longer to get a great deal on our leftover 23 or 24 Ford or Chevy half ton truck.

[@desm6203]

Same

[@Kparc1212]

Like I said before, here in Florida every dealer is adding $3,000 to the price of a new car, calling it (DEALER’S NAME) CARE. And they refuse to take it off! WTF!

[@borisnjers]

Simple, just do not buy and you will see them take it away that stupid add immediately.

[@thespiritualartofwar]

Interest rates on used cars are still too high. In some instances, if you have good credit getting a new car with special rates from the manufacturer is better.

[@danielkurtz3045]

Is it best to pick up a few years old used car around 4th of July weekend, or to holdout still? It looks like they're dropping, but only minimally. I'm thinking more along the lines of 4-5 year old vehicles.

[@nevadiva36]

I am actually in the market for a car and these videos are definitely helping. Thank you!

[@axelfoleyt]

I just bought a used 2019 Cadillac xts and paid I believe $1500 more than I should have because I wanted it a six cylinder and naturally aspirated engine and not one of the new four-cylinder CT fives. Cataract doesn’t even make CT sixes anymore so you have to know the car that you want as well

[@annsantonino9103]

Cataract???

[@shroomzzz]

Nicest thing in the world closing with 'i love you'!

[@sheikhboyardee556]

Does Kelley Blue Book & others adjust their estimated used vehicle price on a regular basis? Are these sites dependable?

[@tomgorski.gorski6838]

You guys never talk about the quality and realiabilty of auto's, just the price . That alone is a disservice to your viewers.

[@pamaltman8221]

Would love to see a video on the best 4th of July manufacturer deals coming up this year!

[@mustangecoboosthpp3869]

Vehicles should be priced starting at $20,000 dollars and top out at $40,000 dollars for more options. Vehicles are rarely long term ownership items because they wear out, if you get 10 years out of a vehicle you have done good, that is a lot of wear and tear on the vehicle. You don't need all these bells and whistles they put in vehicles today, they add cost and when they break they cost a small fortune to repair. It is time to bring sanity back to vehicles.

[@rotart12arx3]

Not going to happen.

[@nowayagain8141]

@@rotart12arx3 wait and see, sure will

[@seanvangster]

Still same as before .. now car prices drop but high interest rate. Before car prices skyrocketed but low interest rates. Love to see the low interest rate and car price drop at the same time so those who can afford a new car can actually get one

[@bobojangles]

7:14 We are in this camp. Mom has a 2022 Tucson that we leased back in May of 2021 and we want to keep it. I extended the lease for 6 months while we're shopping around a decent rate for her.

[@supersteve8305]

Try your local credit unions. Usually the best rate.

[@AZ-hf9ow]

Even private sellers are asking for preposterous prices for their junk.

[@tamesiagarner1489]

I am fed up with the BS going on in the market and am paying my 2016 year model car off a year early. No car note for another 100,000+ miles to go!!

[@LORDAKIRA818]

Wrong, the average price is 58k now! Absolutely ridiculous, and dealers add on that 20% drive off depreciation, back on the car again lol. Anything good with a V6 is min 48k. Let them rot.

[@j.p.5176]

If everyone would learn patience & wait it out (unless you actually Need another car) STOP FEEDING THE MONSTERS! We the Ppl need To Stop feeding their greed! Get smart & force their hand to lower $$$$!!! No demand = Lowers prices!

[@Akaakaaka-ep9xh]

I think the insurance spike is a big factor as well when considering affordability.

[@hardykornfeld1733]

I lucked out with my first ever lease. A 2018 Honda CRV that I bought at the end of the lease for its $18K residual, then traded in for $24K when we bought a BMW i4. Doubt I’ll ever have that sort of dumb luck again.

[@NVRAMboi]

Thanks guys. OR....instead of that newer "1 to 3 year old used car", consider shopping models all the way back to 2018. Minimum criteria: Solid and clean CarFax (w/no gaps or fishy entries), One owner, No accidents, "under 45,000 miles" (or similar). Using the above criteria on a nationwide search I found a significant number of Toyota Camrys (as an example) in the $17-$18k range. To me, that's a good value when thinking of the vehicle 10 years down the road. *PS: I did NOT see any RENTAL cars among the listings I scanned.

[@Sashazur]

Good advice but also get a pre purchase inspection. Carfax isn’t always accurate as I learned firsthand.

[@mindfullymellow2323]

Yes, def get a pre-purchase inspection. Even CPO can have hidden histories, such as undocumented accidents.

[@youarerightboss]

Don't see the prices dropping in my area

[@afailor22]

Any suggestions on how to respond to the dealer quoted otd by email that assumed fiancing and want to pay cash? Any recommendations on how to respond?

[@e.g.7612]

“You’re not gonna find those incentives on used cars”. Perhaps my experience is the exception but I purchased a 2022 certified preowned Acura two weeks ago and got 1.49% financing for 36 months.

[@BaldyPalPicking]

For new, should we buy now or wait another 4-5 months to allow for more decline? Or is waiting a risky move?

[@misterscruffle]

Wait definitely wait because 2025 vehicles will get announced soon and they will be stuck with a lot of inventory from 2023-2024

[@jrunner97]

I might buy a 2024 Lexus ES 300h. My local dealers have them ranging anywhere from 2-8months sitting on the lot. Since it is a hybrid…does that bring any concerns since that hybrid battery has been sitting there for so long on the lot?

[@mustangecoboosthpp3869]

I bought a 2023 Toyota Tacoma SR access cab last year out the door tax, tag, title, dealer fees for just over $14,000 dollars and I paid it off in six months. This truck will likely be the last truck I will ever buy at my age, it has the 2.7 liter four cylinder that runs just fine and is legendary for its reliability.

[@lauraosanitch6088]

I'm looking at Honda CR Vs. The used ones 1-3 years old wiht low miles have an MSRP of around $25 to $28K. The newer ones start in the low to mid 40s, especially if someone wants a hybrid. Even with the fight over taxes and fees, that's a span of $15K for a car that can go over 200K miles. Unless you have other thoughts on that?

[@sirgardensalot]

The recall on Ford F150s recently I was talking with a Ford dealer yesterday they would not send me information on an F-150 lightning because of the recall I was surprised because I did not think it affected the electric vehicles but they said it does

[@davidritchie8049]

I have a question on your channel/services. I did start to subscribe but unless I understood the email I understood was going to be charged to subscribe for your youtube posts etc. While I understand a service and fee thing like to by a car. I did not see why I got something so soon talking of money, I had not done anything...so cancelled. The other question on a car purchase; If I asked to see about what kind of a deal on car A and the better deal was far enough away I decided to not proceed I know you put the work in etc. are you paid upfront on that process? and is it with the purchase completed or just a flat fee?

[@clericstorm2009]

I completely agree with this. I just bought a brand new EV car on Monday and I got an insane deal pitting a couple dealerships against each other. The dealer that won my business was way below MSRP, gave me full incentives, only charged me the car price and TTL, and even threw in their protection package for free which included window tint, clear bra, wheel locks, nitro inflated tires, and some interior protection thing. Now seems to be the time to start buying! I'm very happy with my purchase. Also thanks to this channel for arming me with knowledge to get a deal I'm super happy with.

[@cathyg1099]

EVs aren’t in favor anymore. Buyers want hybrids or gas powered engines, and those vehicles haven’t come down in price.

[@Nikolaodom]

I saw mazda cx suv now a days. I think mazda is giving some good deals.

[@Spike8854]

I got a 2023 Mazda Cx5 premium for 29950, with 3000 miles on it. Great car!

[@tahitianflower]

Which new cars do you recommend?

[@Ryan-re3jf]

If new vehicles will see pricing pressure wont that also drive down the price and value of used?

[@ontheone9559]

I’m a bit confused by the comparison of buying used vs new if only a few years old. New Toyota Highlanders are $47K in our area. Used are closer to $30K for a few years old. That’s a significant difference in price and payment isn’t it? Or am I completely missing something?

[@DenDen30_06]

I tried to buy a 2024 Rav 4 TRD Off-Road the other day. Dealer wouldn't come off of 40,924 + doc fees. I left. What do tou think I can get one for?

[@Flat4Power4Life]

Ford still has “new” 2023 Ford Lightnings that they can’t sell. Even though they’ve marked them up to oblivion for years now. Now they can’t move them at MSRP.

[@paintlady2268]

If you want these Auto Market Crashing segments to be taken seriously, do one on Honda and Toyota ONLY. Both have gone to sh*tier engines, components and options now days yet still riding on their past 'reliability wave'.

[@rodneyws1977]

Locally I'm seeing a Jeep dealer pushing a LOT of new 2023 Jeeps.

[@augurcybernaut4785]

Love a program that ends with I LOVE YOU

[@freecitizen7372]

Our local RAM truck dealer is now advertising “Make us an offer” on our trucks. RAM trucks are not selling.

[@thomasmint1761]

Who and where is that dealership please? I am in the market for a 2024 Ram 1500. For me, “in the market” means I’m talking with dealers, but will wait until a truly compelling offer is made.

[@johndodson3020]

What about CPO instead of straight new vs used if the pricing is in line with the age (no more than 4yrs) and mileage (no more than 60K) than good deals should be had on them right just no incentives and slighly higher %rates

[@rspraveenkg]

Discount ? I asked for 6.5% discount on a full size SUV and dealers said NO

[@puba008]

Yeah but are the reductions on the higher trims we want?

[@jeremiahschermerhorn3681]

Then why are dealers on the west coast paying over KBB value at auctions?

[@mike9119]

Sadly people like myself on a fixed income will never be able to afford a new car at these insane prices even for what you say is a deal unless they come up with a low interest rate for 10yrs.

[@Sashazur]

Hasn’t it always has been essentially impossible to afford a new car on a fixed income? (Unless your fixed income is from a trust fund).

[@ThemePro24]

The inventory glut wil get much worse as the dealers won't be able to drop prices far enough to get people to buy and still make a profit.

[@g7003041]

If 45k and above is not an issue on these vehicles prices… then you must be living in a very environment, blessed you😅

[@bobbycooperyoung6048]

Way to go on the correct usage of “myriad”.

[@chriszawertany5242]

These 2 guys are smoking dope-the only deal you can get a deal on is a used EV because nobody wants them.

[@Fernie-vv2ei]

Im about to buy a kia seltos... should i wait ? Canada btw

[@oshkoshbegone]

Used raptor with 100,000km (60k miles) is $65-70k CAD. Raptors with double that mileage they want $45k CAD. What kind of madness is this? $45k with 70,000km is what i think is fair, expensive, but still fair in the grand scheme of things. I'd rather drive a rust bucket than a low trim new truck, so i guess I'm stuck for a while.

[@nowayagain8141]

Wake me up when the average transaction price gets back down below sub 30, cause until then it's just noisy insignificance

[@strokeracp1]

I fell into a burning ring of fire I went down, down, down And the flames went higher And it burns, burns, burns The ring of fire The ring of fire

[@mike7933]

Yikes, honestly if you are paying more than 30k for a car you are probably getting ripped off whether new or used. Excluding luxury vehicles.

[@coreylucas5997]

Its ridiculous still the cost of a new vehicle I’ve only seen as far as SUV the Chevy TRAX at 21 grand, no,other suv unless heavily used are close to this price, a new Toyota Carolla is 23 grand ( base version ) I’m finding no Nissan Versas at that 16 grand asking price I found one with roll up windows 19 grand ( no power features ) and they are smaller than Toyotas. I can’t foresee any cost reductions anytime soon

[@paularietta6744]

And of that 16% to 18% of folks that can still afford a new car I'm guessing that a large percentage of them are smart enough to know not buy a car at this time.

[@ammaraldulaimi3237]

Your analysis didn’t count for the interest rate, even when the sticker price is down but the monthly payment still high and that’s what really matters for most shoppers.

[@luisgonzalez1133]

The problem is this could be sustainable for years. Maybe decades

[@maxcodyshadow]

One of your videos was talking about a marquee where it started at 60k then dropped to 55k then you put in you site now its 36k it had been in inventory for 146 days. You stated that dealer are going to have to slash prices here's the proof. You are showing the value difference of over 3 months used car prices dont stay static.

[@JRFROMWBC]

That green screen makes Ray's hair disappear at the top intermittently. Is he fading in and out of existence like Back To The Future?

[@polycarphunter2257]

i've read Stellantis will sell off the Dodge brand to BYD.

[@boxloadernat]

Just canceled my Cybertruck order. 2 years of waiting. Too expensive now to afford.

[@NVRAMboi]

They did you a backhanded favor.

[@krisbramman6144]

You got lucky. That is the ugliest vehicle ever built!!

[@Sashazur]

You’ll be able to pick up a used one at 50% less than new in another year or so.

[@jerrylundegaard2592]

The smartest move you could make.

[@Mr.Bones305]

I was approved for a Jeep Compass for 25k for 711 a month for 72 months at 24 APR I know I have bad credit but I had to walk away from such a horrible deal

[@seethingsclearlyawaken3424]

I refuse to pay these ridiculous MSRPs. Nope. I will wait until the auto manufacturers come back to reality. I can easily wait it out. Let those manufacturers starve ! If the cost was realistic, I still have a problem with the truck market. The manufacturers, especially TOYOTA, since it's my favorite, doesn't build a truck that I want! What the HELL?! I want a working man's truck, and TOYOTA doesn't build it! I want a standard-cab, with a 6-foot bed, 4 cylinder engine, manual transmission, with air-conditioning being the only option. I don't even need a radio! BUILD THIS TRUCK TOYOTA at a reasonable price, $25,000, and I will buy it! But not until then, maybe even a hybrid, and I will buy it. Not until then though.