I call BS. Most people I know are struggling to just put food on the table. People can't even afford a 5 year old used Toyota these days. Just who is buying these expensive cars? CEOs?
It's really hard to watch this show with Joe's extreme view... guy is stuck in one corner and his opinions are just so politicize. it's not helpful insight, just his sheer polarizing view of things he politicizes. Wtf is he arguing on ICE vs Hybrid? That's helpful for me as an investor to understand the mix of energy type vehicle market are consuming. CNBC, get this guy out before he start arguing why we should use horses and carriage instead.
I can confirm that Lexus in January has virtually no RXs (below $80K) in inventory after strong yearend sales. If the Lexus salesman tells me his theory why there was such a sales surge is that, in part, fear/concern of the impact of tariff proposals on Canada-assembled Lexus models like the RX might have pulled forward some of the demand, it sort of makes some sense to me. But I think a much bigger contributor is the 23% gain in the S&P 500 for 2024... there are many many folks that consequently rewarded themselves for being a Master of the Universe.
Taxes for UAW lazy workers ? There are 200 countries on earth, 20 of them make cars, and they will put taxes on Chinese cars: there are still 180 countries (such as Chile) where the Chinese will sell cars at 10,000 or 30% cheaper than Japanese, Korean, European or American brands
I ordered the first of the 992's in 2019 (2020 model) .. And I am SOOOO glad I got the last of the non-electric 911s.... these new 992.2s with hybrid are utter crap... I imagine the 917 rolling in its grave.
Congrats. It used to be that 911s were attainable for the upper middle class. You could walk into a dealer and pick one from the lot after getting your middle-management job. I've heard stories of junior Army/Air Force officers picking up 911s back in the 70s and 80s while they were stationed in Germany. Those days are over. The new 992.2s are priced so high now. Good luck if you want a manual.
Cars are like apartments nowadays…. All luxury. It’s because most people Finance cars anyway so they are only focused on their monthly payment. Now I wonder what will be the default or quit rate on expensive cars
I'm still trying to understand what the benefit to doing the lease option is. Could you explain it to me? What was the guy in the video talking about when he said that he leased the car, and at the end of the lease the car was worth $40k more than if he were to buy it outright.
I wonder why it’s the 80k plus sector that’s doing so well…? Couldn’t be because there’s such a huge wealth inequality right throughout the west in almost every single field and sector where you can make money it’s all going to the top…we hear them say it all the time “the consumer is in a good place” no the top percentile of wealth just keeps on propping up the market making the consumer look in a way better position than we all are…Porsche sales grows by 1%…who can afford Porsches for Christmas? Not the average American…
Good good. We need to assist the rich in anyway possible. If we could cut their taxes so the middle and bottom can pay more they can then trickle on us. MORE OF THAT PLEASE.
I call BS. Most people I know are struggling to just put food on the table. People can't even afford a 5 year old used Toyota these days. Just who is buying these expensive cars? CEOs?
People put down payments down then drive til the Tow truck shows up or they lose it to police in a Drug deal.
I can imagine their great-grand-daddies having the same conversation on their favorite Studebaker horse-drawn wagon model 100 years ago.
It's really hard to watch this show with Joe's extreme view... guy is stuck in one corner and his opinions are just so politicize. it's not helpful insight, just his sheer polarizing view of things he politicizes.
Wtf is he arguing on ICE vs Hybrid? That's helpful for me as an investor to understand the mix of energy type vehicle market are consuming. CNBC, get this guy out before he start arguing why we should use horses and carriage instead.
Joe is such an angry and petty person. Not surprising that the one video of him driving is him road raging.
I’m an ICE guy. Hopefully Trump can get rid of the tax credit and let EVs sell themselves
Love the manual transmissions! Why buy a 911 without a manual?
I can confirm that Lexus in January has virtually no RXs (below $80K) in inventory after strong yearend sales. If the Lexus salesman tells me his theory why there was such a sales surge is that, in part, fear/concern of the impact of tariff proposals on Canada-assembled Lexus models like the RX might have pulled forward some of the demand, it sort of makes some sense to me. But I think a much bigger contributor is the 23% gain in the S&P 500 for 2024... there are many many folks that consequently rewarded themselves for being a Master of the Universe.
Even a Toyota Camry is sold at luxury pricing levels these days. 😂😂
Phil gets irritated when anyone else on air talks about cars 😆
Glad I have my 911 S with PDK!
You see people have MONEY $$$$$$$
High tents and stock market ! The rich get richer.
The letter is T
Taxes for UAW lazy workers ? There are 200 countries on earth, 20 of them make cars, and they will
put taxes on Chinese cars: there are still 180 countries (such as Chile) where the Chinese will sell cars at 10,000 or 30% cheaper than Japanese, Korean, European or American brands
$100k Tesla CyberTruck sold 40,000 units. Porsche only sold units 14,128 cars in the US. Tesla is the reason for the jump. NBC missed the real story.
I ordered the first of the 992's in 2019 (2020 model) .. And I am SOOOO glad I got the last of the non-electric 911s.... these new 992.2s with hybrid are utter crap... I imagine the 917 rolling in its grave.
Congrats. It used to be that 911s were attainable for the upper middle class. You could walk into a dealer and pick one from the lot after getting your middle-management job. I've heard stories of junior Army/Air Force officers picking up 911s back in the 70s and 80s while they were stationed in Germany. Those days are over. The new 992.2s are priced so high now. Good luck if you want a manual.
4:33 911t
Glad to see the economy doing well. 🏎🏎🏎🏎🏎
Porsche DOES still make a manual transmission.
Cars are like apartments nowadays…. All luxury. It’s because most people Finance cars anyway so they are only focused on their monthly payment. Now I wonder what will be the default or quit rate on expensive cars
I'm still trying to understand what the benefit to doing the lease option is. Could you explain it to me? What was the guy in the video talking about when he said that he leased the car, and at the end of the lease the car was worth $40k more than if he were to buy it outright.
I wonder why it’s the 80k plus sector that’s doing so well…? Couldn’t be because there’s such a huge wealth inequality right throughout the west in almost every single field and sector where you can make money it’s all going to the top…we hear them say it all the time “the consumer is in a good place” no the top percentile of wealth just keeps on propping up the market making the consumer look in a way better position than we all are…Porsche sales grows by 1%…who can afford Porsches for Christmas? Not the average American…
Work hard, be smart, it’s not about how much you make but how much you KEEP
@@zman4444When you die, you can't take 2 your grave!
Good good. We need to assist the rich in anyway possible. If we could cut their taxes so the middle and bottom can pay more they can then trickle on us. MORE OF THAT PLEASE.
@@thisguy73 100%! 💪👌
4:25 T
I guess inflation isn’t that bad 🤔😐
Cadillac selling alot
40% of electric Cadillac Lyriqs are sold in California.
So much bull, tin can porsche