Luxury car prices are CRASHING, but owners won’t face reality.

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  • เผยแพร่เมื่อ 17 ต.ค. 2024

ความคิดเห็น • 265

  • @ClellBiggs
    @ClellBiggs 3 หลายเดือนก่อน +194

    The supermodel and used car salesman. Sounds like the plot of an 80s movie.

    • @philipdavison3862
      @philipdavison3862 3 หลายเดือนก่อน +25

      yeh,an 80's porn movie.

    • @lot2196
      @lot2196 3 หลายเดือนก่อน +19

      I hope Hoovie has a good lawyer.

    • @hkonhelgesen
      @hkonhelgesen 3 หลายเดือนก่อน

      The Corvette mk4 is a 1980s classic car.

    • @floridajack7222
      @floridajack7222 3 หลายเดือนก่อน +1

      @@lot2196 - one day, you may move out of your mom’s basement and find a girlfriend - but i doubt it…

    • @kristofftaylovoski60
      @kristofftaylovoski60 3 หลายเดือนก่อน +2

      I saw this and Gatorade came out my nose.

  • @amusingarts
    @amusingarts 3 หลายเดือนก่อน +18

    As a former Porsche/Audi/VW salesman I firmly believe I learned more about people and life in general from selling cars than I learned in any of my other endeavors.
    Few things are funnier than fcar salesmen getting together and sharing stories. I've got some doozies, I'm sure you do also.

  • @eugenecandelaria4651
    @eugenecandelaria4651 3 หลายเดือนก่อน +12

    People used to buy cars for enjoyment or as a work vehicle and not as a "blue chip investment"

    • @JasRoss
      @JasRoss 3 หลายเดือนก่อน +4

      The insane thing to me is the mindset of vehicles as "investments". Track S&P 500 returns over decades and nothing else comes close. You need to take that "investment" vehicle, subtract all of the costs of ownership (fuel, maintenance, insurance, etc). Those are lost opportunity costs. Even if you bought some 60s muscle car that is worth 100k today, you are still behind simple ETF market investing. Buy a car, use it, enjoy it.. but dont kid yourself that it is some kind of monetary investment.

    • @actionfaction2558
      @actionfaction2558 2 หลายเดือนก่อน

      Yep.

  • @clausclausie7560
    @clausclausie7560 3 หลายเดือนก่อน +32

    I don't care if my old luxury car drops to zero value. I love it and will hopefully never give it up.

    • @GraemeHein
      @GraemeHein 3 หลายเดือนก่อน +2

      Different attitude between people who want something "interesting" for a year or 2 vs somebody who plans on buying a new car every 8+ years. Or keeping a sports car for 15+years and lake house/ski chalet trucks for literally 20 years.

    • @renegadezen7841
      @renegadezen7841 3 หลายเดือนก่อน +3

      What luxury car? I've put 52k miles in 3 years on a 10 year old BMW and I've been loving the car!

  • @DreamRydeMusic
    @DreamRydeMusic 3 หลายเดือนก่อน +84

    Hoovie is the type of guy who would choose a clean 90s Park Avenue over all of these.

    • @kenholmes8378
      @kenholmes8378 3 หลายเดือนก่อน +2

      But aBuick was a Cadillac with a cheaper name plate

    • @darrellsaunders4267
      @darrellsaunders4267 3 หลายเดือนก่อน +1

      Or a Mercury MARKUS BROG-HAM...

    • @garys9694
      @garys9694 3 หลายเดือนก่อน +1

      @@geemee3364 You were so right about despising front wheel drive.

    • @garys9694
      @garys9694 3 หลายเดือนก่อน +2

      @@kenholmes8378 Now Buicks (at least some of them) are made in Red China

    • @ukanchumee3446
      @ukanchumee3446 3 หลายเดือนก่อน

      So after splitting up with his Vietnamese mail-order bride, he's found himself a dumb blonde stripper.

  • @BCNeil
    @BCNeil 3 หลายเดือนก่อน +56

    The Porsche dealership near me is still trying to sell 2 year old Taycans for MSRP.

    • @heiner71
      @heiner71 3 หลายเดือนก่อน +13

      They'll figure it out eventually.

    • @bizopinsider6643
      @bizopinsider6643 3 หลายเดือนก่อน +7

      Our Porsche dealer in North Scottsdale has over 30 for sale on the lot. Not moving at all. Maybe can give them a call

    • @xmaxbabilo
      @xmaxbabilo 3 หลายเดือนก่อน +6

      In the u.k dealers arnt even willing to take them back. They losing over half its value in 4 years.

    • @jonathanboeckling8401
      @jonathanboeckling8401 3 หลายเดือนก่อน

      😅

    • @JasRoss
      @JasRoss 3 หลายเดือนก่อน +2

      @@xmaxbabilo seen a couple UK YT channels covering this. Yea, the Taycans are absolutely upside down everywhere in the UK. Half the value is 100% accurate.

  • @CLCIII
    @CLCIII 3 หลายเดือนก่อน +7

    I'm waiting for the bottom to drop out of the used car market BEFORE I start looking. As Always, May God Bless you and yours! 😇

  • @CoolTI-Daniel
    @CoolTI-Daniel 3 หลายเดือนก่อน +7

    One big point is after Covid, the interest rate sky-rocketed and the same goes for the inflation...
    All of a sudden, most people, specially upper middle class won't be jumping on overpriced cars.
    Buying power goes down, the prices of products will follow.

  • @drewping2002
    @drewping2002 3 หลายเดือนก่อน +34

    Spirit of Ecstasy. I’m guessing Gen Z would call that “Naruto Run” 😂😂

    • @Zwank36
      @Zwank36 3 หลายเดือนก่อน +1

      Naruto is Gen Y.

  • @Fony_turgeson
    @Fony_turgeson 3 หลายเดือนก่อน +60

    Person who bought that rolls royce and only drove 70 miles is just ridiculous

    • @gillesbesner6102
      @gillesbesner6102 3 หลายเดือนก่อน +1

      drake,s ?

    • @jamesellsworth9673
      @jamesellsworth9673 3 หลายเดือนก่อน +6

      An old guy like me buys a dream car. (Next slide) An old guy like me can't drive anymore.

    • @BabyJesus66
      @BabyJesus66 3 หลายเดือนก่อน

      Rolls Joyce? Are you even trying man? We're better than this! 😂😂

    • @BabyJesus66
      @BabyJesus66 3 หลายเดือนก่อน +5

      ​@@jamesellsworth9673probably more likely some rich guy with 75 cars in 10 different cities had it sit there waiting for him and never drove it. I've heard of billionaires having 200million dollar mansions they've never set foot in.

    • @Fony_turgeson
      @Fony_turgeson 3 หลายเดือนก่อน +2

      @@BabyJesus66 stupid word correct and big thumbs. Touch screen sux for me lol

  • @oonwing
    @oonwing 3 หลายเดือนก่อน +5

    Great content!!!!
    Hey A. Rose, PLEASE SAVE THE PURRING FOR HOOVIE!!
    Damn, that dude is blessed!!!

  • @robertbeirne9813
    @robertbeirne9813 3 หลายเดือนก่อน +21

    Maybe the people who would be interested in these high end, used cars , learned from some TH-cam channel, that these cars are maintenance nightmares 🤔

  • @MarkIrmina
    @MarkIrmina 3 หลายเดือนก่อน +5

    My buddy listed his 2018 G63 on bring a trailer last year. It was bid up to 129k but didn’t hit his reserve. I bet he wishes he sold it last year.

  • @skiptumilu2620
    @skiptumilu2620 3 หลายเดือนก่อน +11

    The Rivians are dropping because they are a nightmare to get insured. If you dent the rear quarter, I've heard it costs 40-60K to replace , so the insurance co.'s are just totaling them.

    • @Aegisx5
      @Aegisx5 2 หลายเดือนก่อน

      My Rivian R1S insurance is significantly less than my Model S. I pay less than $150 a month for excellent coverage. There's one big panel like that on the truck (R1T) and they developed patch panels for repairs so this isn't really an issue anymore.

    • @HamishCarpenter
      @HamishCarpenter 2 หลายเดือนก่อน

      They were so overpriced to start. They are coming down to what they should really cost.

    • @Aegisx5
      @Aegisx5 2 หลายเดือนก่อน

      @HamishCarpenter not really, people were flipping them for crazy money when the backorder list was long. MSRP was never that high. People just paid stupid markups.

  • @hughmann1908
    @hughmann1908 3 หลายเดือนก่อน +31

    Dealers here in Canada are still not realizing Covid pricing is over. Only the EV’s are starting to fall, hard.

    • @sugadre123
      @sugadre123 2 หลายเดือนก่อน

      Canada has a special type of delusion

  • @ThomasWilliams-ee6li
    @ThomasWilliams-ee6li 3 หลายเดือนก่อน +8

    Speculation on cars during COVID was just the mirror of speculations from times past. The herd mentality of what is precious is about as fickle as the weather.

  • @aab4219
    @aab4219 3 หลายเดือนก่อน +48

    Cars are to be driven not speculated on.

    • @akumadiavolo
      @akumadiavolo 3 หลายเดือนก่อน +4

      Cars are to be whatever the fuck the person who bought them wants them to be. Don't tell others what to do with their stuff, that's incredibly narcissistic.

    • @drunkenhobo8020
      @drunkenhobo8020 3 หลายเดือนก่อน +7

      The sad irony of some of the best-handling cars in automotive history becoming extremely valuable due to how good they are to drive... never being driven because they're worth too much.
      Imagine having the most beautiful painting in the world but you weren't allowed to look at it.

    • @aab4219
      @aab4219 3 หลายเดือนก่อน

      @@akumadiavolo
      Relax yourself snowflake

    • @aab4219
      @aab4219 3 หลายเดือนก่อน +9

      @@akumadiavolo
      Relax yourself ❄️

    • @akumadiavolo
      @akumadiavolo 3 หลายเดือนก่อน +1

      @@aab4219 Lol, okay. Follow the rule of common decency, "Keep your eyes off other people's wallets". It will help you be a less shitty person.

  • @SuperWooba
    @SuperWooba 3 หลายเดือนก่อน +21

    I hear April every day on my local radio station doing a public service announcement advocating for not speeding.
    What did you do? lol

    • @marlins1847
      @marlins1847 3 หลายเดือนก่อน

      😂😂

  • @scironmike
    @scironmike 3 หลายเดือนก่อน +3

    That 2009 DBS needed tires, PPF removal, side skirt repair and paint, and possible re-finishing of the front bumper. The $97k bid was low, but not as far off as what I'm sure the seller was hoping for. It was listed previously for $160k. I didn't bother to bid any further because it was obvious that it would be a RNM.

  • @chrisd924
    @chrisd924 3 หลายเดือนก่อน +2

    Same in the UK... large luxury cars are going for very low prices.

  • @djmoneymike7499
    @djmoneymike7499 2 หลายเดือนก่อน

    Wow my first time here and I love the concept and chemistry between Hoovie & April! Reminds me of the old Hoovie that we all loved 👍🏼

  • @bennyboogenheimer4553
    @bennyboogenheimer4553 3 หลายเดือนก่อน +20

    April: "Did you buy a new TV with the money?"
    Tyler, she's got your number. lol!
    God, I love her!!

  • @F80zcp
    @F80zcp 3 หลายเดือนก่อน +1

    I love April’s “hand drawing” gesture on the glass table whenever she goes into deep thought 😂

  • @philbro1829
    @philbro1829 3 หลายเดือนก่อน +4

    So happy for the SPECULATORS who lost their shirts / bras... SO MUCH MORE HAPPY when people use their CARS to DRIVE... that's why we build them. Great to be informed and thanks a million 🎉

    • @kuebby
      @kuebby 3 หลายเดือนก่อน

      Agreed, I feel bad for the folks that needed a car during that time because their car died or got totaled, but if I can pick up an IS500 for $15k in a couple years then I won't be complaining.

  • @stevengreco1939
    @stevengreco1939 3 หลายเดือนก่อน +6

    My favorite couple!

  • @johnmarino4085
    @johnmarino4085 3 หลายเดือนก่อน +1

    Thanks for sharing guys !

  • @DylanL69
    @DylanL69 3 หลายเดือนก่อน +6

    That's the idiots who were overpaying made their mistake and lots of car people were talking about this exact problem and nobody listened

  • @jasonparker3514
    @jasonparker3514 3 หลายเดือนก่อน +3

    We went house buying...why leave our 3.75% mortgage? Car buying is the same.

  • @bryce2113
    @bryce2113 2 หลายเดือนก่อน +1

    Cars are supposed to be depreciating assets. But sellers seem to have forgotten that and everything is still insanely priced.

  • @kloss213
    @kloss213 3 หลายเดือนก่อน +5

    Looking at used G class as I look prices get lower and lower. Think I may wait a few more months 2 buy.

  • @dr69296
    @dr69296 3 หลายเดือนก่อน +7

    Air-cooled Porsche 911 owners are adamant that prices will keep rising.

    • @DEEZEEMTB
      @DEEZEEMTB 3 หลายเดือนก่อน +1

      And so far they are right.

  • @lock6686
    @lock6686 3 หลายเดือนก่อน +5

    I can't stop watching Aprils hand gestures across the table.

  • @ShayneBiggs-ix2vp
    @ShayneBiggs-ix2vp 2 หลายเดือนก่อน +3

    Booooo Kamala boooo.ur giving immigrants 2200$ and American retirees only get1400$. Boooo Kamala boooo

  • @CarShowclub
    @CarShowclub 3 หลายเดือนก่อน +4

    The prices have been crazy and needed to come down.

  • @imagearchy4782
    @imagearchy4782 3 หลายเดือนก่อน +1

    Upside down on real estate is way worse! Great vid!

    • @stevebeck9470
      @stevebeck9470 3 หลายเดือนก่อน +1

      No , it will eventually sort itself out, plus houses are nicer if you have to live in your investment

  • @saywhatnow57
    @saywhatnow57 3 หลายเดือนก่อน +7

    Are people really looking for $300,000+ cars on cars and bids that can be purchased fairly easily otherwise? Seems reasonable that it would take longer than a week to sell that Rolls.

  • @NightRunner_K5
    @NightRunner_K5 2 หลายเดือนก่อน

    As an avid C4 owner, the cluster isn't bad to fix with the right person. It's a fantastic car to have and drive when it's done right.

  • @refuztosay9454
    @refuztosay9454 2 หลายเดือนก่อน +1

    I’ve been looking to buy a 991 turbo s. I quickly found out the market Porsche has created for the higher trims is akin to Rolex. Basically, speculators collude with dealers to buy all the new allocations then - keep them for a bit then sell them back to the dealer at a profit. These cars have been reamed out, launched and otherwise abused for TH-cam videos since the speculators didn’t give a crap about the cars. Currently, there are 4 new turbo s cars at dealers that are unmolested. So, most all Porsche dealers don’t have any new inventory - but - they have plenty of 2024 and 2023 cars with under a thousand miles - that are marked up $50k over MSRP. Even the 2022 cars are priced over MSRP. So, if these cars drop in value - because people with money are sick of being ripped off,I’m happy to hear it. My plans are to keep my 991.2 4s with 6,000 miles on it and just buy aftermarket upgrades. Hell, for $2,500 I can get an ecu flash app/dongle and gain an instant 125hp. It already delivers 470 - so this is nearly turbo s power! I can buy exhaust, wheels, suspension and anything else I want for the track for a fraction of the cost to trade up. So, a pox on Porsche for their EV stupidity- which has lost them millions and they’ve jacked up ICE cars MSRP to pay for it (the fancy new gts e hybrid is $200k if you can believe it.). Or I’ll go buy another car - used Aston Martin or a new MB AMG GT 63….anyway -thank much for a great video that shows the insanity and gouging can only last so long.

  • @theworldaccordingtochris4370
    @theworldaccordingtochris4370 3 หลายเดือนก่อน +2

    New Range Rover prices in The UK are plunging.

  • @truthserum5310
    @truthserum5310 3 หลายเดือนก่อน +1

    Here in Miami, all the sketchy and shady people drive Urus's.

  • @kristofftaylovoski60
    @kristofftaylovoski60 3 หลายเดือนก่อน +1

    "The Before Times" My favorite anachronistic phrase I like to trot out describing events and circumstances prior to 1999 ..

  • @TEAM6USA
    @TEAM6USA 2 หลายเดือนก่อน +1

    Gwagons are back to msrp. Back in 2021, an MB sales guy said a G63 (300k in 2021) would cost 500k in 2 years. Lol

  • @trappedinkalifornee
    @trappedinkalifornee 3 หลายเดือนก่อน +2

    The only way to come out on luxury cars right now is to buy the right one, a brand you actually appreciate and trust, and then keep it and drive it for a few years……sadly I found this out first hand, it’s ok as I really like it, and paid cash for it but I will never see that money again…😳🤔

  • @stevejordan9567
    @stevejordan9567 2 หลายเดือนก่อน +1

    I’ve been saving for a Porsche 911 as a retirement gift for myself. They have gone nuts in price. I’m not even looking for something silly. Just a simple 4S or S. 2011-2015. I’m starting to think a Lexus LC 500 might be a better choice, I don’t want to pay the wizard. 😂😂

  • @202supra
    @202supra 3 หลายเดือนก่อน +1

    I was at a Lamborghini dealer in january 2022 looking at a used mercedes they had on the lot. Went to sit at the sales guys desk and he had 30 folders of urus orders for last 2 weeks. insanity

  • @deanmurphy4810
    @deanmurphy4810 3 หลายเดือนก่อน +4

    Who can afford the insurance alone?

  • @mikenem83
    @mikenem83 2 หลายเดือนก่อน +2

    She added nothing of value to this conversation

    • @HamishCarpenter
      @HamishCarpenter 2 หลายเดือนก่อน

      So true !

    • @elicash315
      @elicash315 2 หลายเดือนก่อน

      Not even any cleavage.

  • @junkorbust9498
    @junkorbust9498 2 หลายเดือนก่อน +1

    In my opinion those who paid over MSRP lost that money the day they agreed to the deal.

  • @hankhillsnrrwurethra
    @hankhillsnrrwurethra 2 หลายเดือนก่อน

    I'd like to go back in time and have Hoovie try to sell me some clapped hooptie. That would be fun.

  • @cloudyview
    @cloudyview 3 หลายเดือนก่อน +3

    C&B last week had an 06 Bentley GT go for $25k 😂

    • @jpl8878
      @jpl8878 3 หลายเดือนก่อน +2

      That's all those early first-gen cars are worth. The new owner will pay that much in repairs in the next two years

    • @parassj1308
      @parassj1308 3 หลายเดือนก่อน +1

      Ya it’s hard to not buy at that price for me, but then I watch hoovies videos on his Bentley and resist lol

  • @MakerMike-yo5rk
    @MakerMike-yo5rk 2 หลายเดือนก่อน

    A live feeder cam would be very relaxing to watch

  • @bavariancarenthusiast2722
    @bavariancarenthusiast2722 3 หลายเดือนก่อน +1

    I understand the owners from high luxury cars - they don´t need to sell and it hurts too much to take such a big depreciation hit. It kills the fun to something new. The steepest curve is always the first 2 years after it calms down. But there is only one way which is down. If you are normal making money person and you invested in payments for a daily car.....keep it.

  • @kevin122759
    @kevin122759 3 หลายเดือนก่อน +3

    There are low production cars that are not depreciating. 2005-06 gto is one of them.

    • @BiiYAAAA
      @BiiYAAAA 2 หลายเดือนก่อน

      they will just havent caught up to it yet... starts with urus and moves on

  • @mikemoxley9477
    @mikemoxley9477 3 หลายเดือนก่อน

    Great facts about the past and future of use cars. Thanks

  • @jamescurry177
    @jamescurry177 3 หลายเดือนก่อน

    I can confirm. Found a 2014 Aston Martin DB9 for mid 40s. Never thought it was possible for one that new!

  • @GrayHuska
    @GrayHuska 2 หลายเดือนก่อน +1

    One car I don’t understand or see the value of is the Urus - it’s a rebadged RSQ8/Cayenne Turbo & still going for crazy prices not too far from MSRP. It’s truly a car that has no inherent value.

  • @Arthur-hg7ny
    @Arthur-hg7ny 3 หลายเดือนก่อน

    Noticed at Mecum in Florida last week, many car had “bid goes on” and didn’t meet reserve. owners, the market is telling you to either hold or take a loss.

  • @dewholdingsllc1050
    @dewholdingsllc1050 3 หลายเดือนก่อน +1

    New cars are not assets. Folks trying to flip cars are big gamblers

  • @carypyke935
    @carypyke935 3 หลายเดือนก่อน

    Thank you for no cats today...😂

  • @whatchis1120
    @whatchis1120 3 หลายเดือนก่อน +1

    Good were going back to normalcy, people were being crazy and pulling money out of their retirement to buy crap and losing money now. Only the housing was worth it but I think its starting to dip some at least in my area.

  • @WhittyPics
    @WhittyPics 3 หลายเดือนก่อน +4

    All of them are out of my league

  • @yorbalindason
    @yorbalindason 3 หลายเดือนก่อน

    I drove in the Aston Martin DBS last week in Germany. A hammer of a car.

  • @paulkelly4731
    @paulkelly4731 3 หลายเดือนก่อน +1

    I've notice a huge increase in "bid to" on BAT.

  • @BrunoDeMarques
    @BrunoDeMarques 2 หลายเดือนก่อน

    Car auctions may be a worse place to sell than a speciality exotic showroom.
    These cars often need the “human-smoothtalker-salesman-touch” to sell at high prices

  • @chuckman2219
    @chuckman2219 3 หลายเดือนก่อน

    Just watched a 1200 mile 2022 Cadillac Blackwing bid to $85k MSRP of $99K No sale BaT. Hoovie math checks out.

  • @therocket280z7
    @therocket280z7 3 หลายเดือนก่อน

    The used car parts market is wacked too. They're hanging on to the straws of 2yrs ago... I see soo many parts priced just below factory parts, maybe they just haven't checked...

  • @richfarfugnuven6308
    @richfarfugnuven6308 2 หลายเดือนก่อน +1

    The economy is tanking, this is going to get ugly...

  • @DavidBoreham-kk9dx
    @DavidBoreham-kk9dx 3 หลายเดือนก่อน +1

    As they always say First loss is the best loss

  • @jochenstacker7448
    @jochenstacker7448 3 หลายเดือนก่อน

    Car buyer psychology, when prices are high, everyone scrambles to buy before they go even higher.
    And when they are low, they all sell in a panic in case they crash even further. Kinda the wrong way round.
    I don't feel sorry for Rolls Royce guy, he's loaded. You want the big, shiny status symbol? It's expensive for a reason, so the plebs can't afford it. That's the game. You're not in it to win it. It's just bragging rights and showing off how much money you can afford to burn.
    To most rich guys all the bling is just a necessary investment to show the world just how rich they are. I don't think they enjoy it or even care about it, it's just a tool for them.
    At least Hoovie buys stuff because he enjoys it or he thinks it's gonna be a laugh.
    And we can all appreciate it through his videos. I love it.

  • @andysupple4838
    @andysupple4838 3 หลายเดือนก่อน +2

    Good Morning Hoovie and Thornie

  • @BlagoP
    @BlagoP 2 หลายเดือนก่อน

    People got used to increasing prices on real-estate and exotic cars for over a decade. The party is over now. Sellers need to get used to decreasing prices.

  • @commasNculture
    @commasNculture 2 หลายเดือนก่อน

    I just saw a 2019 Cullinan 24k miles listed for sale $250 😂

  • @josephdepietro1040
    @josephdepietro1040 2 หลายเดือนก่อน

    Good luck on your new show.

  • @gqgamers
    @gqgamers 3 หลายเดือนก่อน +1

    Anyone buying the rolls is probably putting it in a company name and has a driver. All for the tax write-off.

  • @EvanCaron
    @EvanCaron 2 หลายเดือนก่อน

    everyone thinks prices came down but in reality they didn’t so until people realize they aren’t getting those cheap prices again they will pay whatever people are asking. It will just take some time for people to adjust the new prices

  • @marty6646
    @marty6646 3 หลายเดือนก่อน

    April purred when she saw the Rolls.. Awesome..

  • @bobnovaes9363
    @bobnovaes9363 3 หลายเดือนก่อน

    Most people get attached to their cars emotionally and think they can sell it for what they paid. They forgot that the market is back to normal.

  • @jamiegoddard1899
    @jamiegoddard1899 3 หลายเดือนก่อน

    Seems like April brought a summer cold back from Chicago😷

  • @Oldjohn52
    @Oldjohn52 3 หลายเดือนก่อน

    Poor investments are not a flaw, but a feature of the "Too much money, not enough sense" crowd

  • @tombache3426
    @tombache3426 3 หลายเดือนก่อน

    Realistic pricing for fun cars? One could dream.

  • @fbboringstuff
    @fbboringstuff 2 หลายเดือนก่อน

    Not as bad. The prices they’re asking for completely below water flood cars in Dubai is crazy!! Retail for a car that is effectively trashed. Even if you part out… anything electric or that will rot is gone, thats most of the bloody car!

  • @Pete_Finch
    @Pete_Finch 3 หลายเดือนก่อน

    I just took advantage of the car price crashing to get a super low mileage DB9 and it's easily the best cheap purchase I've ever made

  • @cg2860
    @cg2860 2 หลายเดือนก่อน

    Is super hard to take this podcast seriously with this woman

  • @pdwhalen
    @pdwhalen 3 หลายเดือนก่อน

    April asks some very good questions.... playing the car market like a day trader.... that's an episode

  • @aaronbritt2025
    @aaronbritt2025 3 หลายเดือนก่อน

    Not just exotics. Cars like GT350's that were $30k for a 2016 in 2019 that rose to $50k in 2021. People are still asking $45k for '16's and they're sitting unsold for weeks, months. When the '18's drop to under $40k, I'll be shopping.

  • @jamesellsworth9673
    @jamesellsworth9673 3 หลายเดือนก่อน

    Some of these people will have no problem making payments. They will sell IF it gives them a base to move on to something else that interests them...but they do not need to.

  • @Not_Ferrari
    @Not_Ferrari 3 หลายเดือนก่อน

    I just saw an article this morning that even used Challenger Hellcats are finall dropping, down something like 10% over the last month or so, if I remember correctly what I read.

  • @ThatOneChannelinAZ
    @ThatOneChannelinAZ 3 หลายเดือนก่อน

    Friend just bought a 2013 New bodystyle GT for 56K with 13K miles.

  • @go4lowcost652
    @go4lowcost652 3 หลายเดือนก่อน +3

    Luxury car owners have money to burn so the fire is lit now. The demand for those cars and the harsh reality of non-dependable high maintenance costs have lowered demand as rationalization has finally caught up with the luxury market. Again, "it is not what you earn, but how much you keep"...that means cutting back on wasteful spending. LOL

    • @refuztosay9454
      @refuztosay9454 2 หลายเดือนก่อน +1

      Some do -like cash buyers. But a lot of people finance these high value cars thinking they can flip them for a profit or break even - getting use of a cool car they can’t really afford. But now that interest rates are 7+% the math no longer works for them making the payments and insurance. So I think your points are good and the “wanna bees” have fallen out of the market.

    • @BiiYAAAA
      @BiiYAAAA 2 หลายเดือนก่อน

      tax write off

  • @DaDa-David
    @DaDa-David 3 หลายเดือนก่อน

    April is just...*SWOON!

  • @ElDiabloTheExplorer
    @ElDiabloTheExplorer 3 หลายเดือนก่อน +1

    Great video!

  • @shanet7511
    @shanet7511 3 หลายเดือนก่อน

    It's funny looking on FB marketplace and seeing people wanting $7k for a 1999 Ford Expedition with 250k miles and huge dents that would cost $5k to have repaired

  • @sburns2421
    @sburns2421 3 หลายเดือนก่อน

    I actually think this could help the real collector cars. People now have to think about where they are putting their money. Better to bet on a blue chip than a late model

  • @Oldjohn52
    @Oldjohn52 3 หลายเดือนก่อน

    myself and MOST of the car buying world are priced out of ALL cars. I'm not buying until there are sub 25K cars that are not a jail sentence.

  • @MannyAlvaActor
    @MannyAlvaActor 3 หลายเดือนก่อน

    Bought a 2006 Aston Martin V8 Vantage manual in 2018 for $36k sold 6 months ago for $45k 🙌🏼 got paid to drive it. Sold because I knew bubble would pop sooner than later, also waiting for F430s to go back down to 85-95k 😁

    • @refuztosay9454
      @refuztosay9454 2 หลายเดือนก่อน

      Good for you. I think you found a smart segment/price range to work the flip to your advantage. I think a lot of the easy flips are over and some people who aren’t really rich are underwater on cars they can’t afford and are unable to shift them.

  • @garys9694
    @garys9694 3 หลายเดือนก่อน +1

    I think she's still super modeling!

  • @aftonline
    @aftonline 3 หลายเดือนก่อน

    There's nothing wrong with sticking to your price - just realise you may be waiting a long time before the market will give it to you. It's investing 101 - buy low, sell high. If you can't sell high, hold till you can.

  • @LukeEdward
    @LukeEdward 3 หลายเดือนก่อน

    Please do a slightly opaque film on the bottom of the glass table.

  • @codycrawford2385
    @codycrawford2385 3 หลายเดือนก่อน

    Every dealer here has lots full bc they won’t come off the price they want, some dealers are getting the grip and cutting the price, and not me thinking the still photo in the front had a Hyundai Santa Fe 😂😂😂, they completely ripped off the LRD

  • @darrellsaunders4267
    @darrellsaunders4267 3 หลายเดือนก่อน

    I thought Hoovie always punched THE BUY IT NOW button,.

    • @t20594
      @t20594 3 หลายเดือนก่อน

      Always bids. All too often breaks reserve.