4:21 Just know that a three year old "new" car doesn't exist in a vacuum. Tires will flat spot. Batteries will lose charge. Paint will be oxidized. Interior fabrics will fade in the sun. Cars are meant to be driven not just sit.
so what’s better then? i’m looking for a 1500 dodge makes a good looking truck n the 5.7 seems an alright engine as long as it’s not idled into lifter issues fords have cam phaser issues, rather not have a turbo 6 anyhow gm ecotec seems alright thinking maybe spend a bit more and get the 3l duramax but a bit more is like 20k in the used market hard to say if i’d make that back in fuel savings
@@Meowface.I just got a new raptor but honestly wishing I got the Denali ultimate with the diesel. A diesel will outlast any of those you just listed. Probably will end up trading in next year but the gmcs interiors are just so underwhelming and lack a lot of tech.
I thought about trading in my 2011 f150 with a 6” lift and $5,000 rims and tires they dealership said they could give me $4,000! They said because it was lifted and had aftermarket parts it was worth less. I sold the truck for $17,000 privately.
@@silverback8183There was a time when dealerships made more selling a customer's trade-In than the profit on the new vehicle sale. Might happen again if the overage new vehicle inventory gets seriously discounted.
I can't believe anybody actually ever paid over $100,000 for a JEEP. Are you kidding me? I think he showed the Grand Wagoner and that Rubicon were about the same price? Were they just hoping to pretend that $100k is just the standard price now? What fools paid that much?
That doesn't take the 3 years of record high inflation into account. 2.75 is still increasing. It would need to be negative before it starts countering what had come before.
I had a plan to get Ford Expedition Max. After I saw the price close to 80k after tax, I am all of a sudden so happy for Subaru Ascent that I got back in 2019. Not getting new vehicles anytime soon
The sheer arrogance of these dealers never ceases to amaze me. These POS would rather pay massive interest every month to their lending source than discount these vehicles and make a customer happy. Its nice to see that buying public have told them to go pound salt.
Nissan has a good opportunity to step it up now that Toyota has gone to shit. If they ditched their jatco cvts and went back to offering manuals and regular automatics and not push turbos they’d sell like hot cakes.
If you're going to pay $100k for any vehicle, your income should be well into 6 figures. Even if I could afford it, I'd never pay 6 figures for any Jeep product. The new car market is whacked.
it's actually cheaper to do a RESTOMOD on a cool muscle car or old pick-up with all the modern conveniences than buying these unreliable plastic crap cars with inbuilt obsolescence 🤷♂️🤷♂️
I got an email from a Chevy dealer advertising their "Red Tag Pricing" event which is supposed to be their absolute best price. They had a brand new 2024 Chevy Silverado EV that you can lease for 24 months for only $945 per month!!!!! But hey they'll throw in a stale cup of room temperature coffee!!!! I'll tell you fellas I have no illusions about the industry I work in. I was at Stellantis for 5 years, now at GM. I do not trust this industry right now. Saving every bit I can because sooner or later something has to give and when it does, I expect even more job loss.
Ford is selling around 66,000 F-Series trucks per month per their last quarterly report. They report again at the end of the month so it will be interesting to see how things are trending. But don't let a lot of inventory lead you to believe trucks aren't selling its just that production has recovered. That 66,000 number is why we aren't seeing factory rebates. If Ford offered a 5K discount on F-series trucks they'd have to sell nearly 90,000 trucks instead of 66,000 to bring in in the same revenue they are seeing now and that is not going to happen. The base sales needs to fall into the 50's or even 40K unit/per month before you will see any desperation out of FMC.
I have a 2008 Toyota Camry Hybrid with 104,000. Garage kept with no mechanical or body/interior flaws, and I don't eat drink or smoke in it. Best part it's paid for and gets 40 mpg. It's a keeper.
I would think that they qould cut their loses and sell em for half price and be done with. A vehicle that sits for a yr has got to be costing someone money!
Do dealerships realize, that, the longer a vehicle sits, the worse and more of a depreciated it becomes. For instance, the battery has not been used, so it starts to degrade and becomes unusable, so you need a new battery. This goes for the engine and all parts of the drive train. These components are not getting lubricanated. The paint has not been washed or waxed, so it starts to oxides. Meaning that paint is dull and weathered, so it might a re paint job.
Jeep prices increased by 61% in the five years since 2019! Simultaneously, massive cost cutting applied to parts, fittings and components, replacing them using far cheaper materials! Arguably, Jeep vehicles were extremely poor value for money in 2019! Increasing their cost by 61% whilst using far cheaper materials is hardly going to make them good value for money in 2024. Whom exactly are these new Jeep customers that are willing to pay 61% more for a substantially lower quality vehicle? Which secure unit for the criminally insane are they housed in?
Dude your high. “They have to come down $15k to make sense”… a $120k pickup truck for $105k makes NO SENSE. These $100k cars are worth $20k… same as these $800k houses are worth $350k… it’s all a con.
I hate that Toyota has "market adjustments" across all of their models. They are already expensive in the first place. It has made me look towards other brands, but their quality is pretty dodgy.
They are going to have to lease these out at a low price just to get them off the lot. Then at the end of the lease, those that don’t buy, the vehicles can be put on the market for a whole lot less. I certainly wouldn’t buy one, but I could fathom leasing for three years and turning it back in.
There's so much inventory that these should be way, waY, wAY, WAY less. Just let them go out of business. Other companies will pop up that care about the customer.
The fact is, there is a demand curve and there is a supply curve. Where those two curves intersect is the price. You can’t possibly rewrite the rules of economics! And if you try to then you’re going to fail. What about this do car makers and stealerships not understand?
He’ll no they will raise them, they still don’t get it especially with new 2022 2023 year still on the lot. I would definitely not buy them 2 years setting out in the blazing sun and winters and all of the bearings parts and especially the tires they are sick in the head.
It isn't just the stupid sky high prices it's also the overall decline in build quality....they are making defective products and asking premium prices and people are not gonna drop 70 , 80 100 grand on an flimsy unreliable garage queen...not happening.. Also the dealership model needs to go away and consumers need to be able to buy direct from manufacturers. Just desserts for the weaseling dealers...
The union was only bailed out because they wanted the Democrat vote that is long gone .. but there is still hope if the EPA is gutted and auto makers can bulld cars and trucks people want they might be able to come back... But no matter how big you are if you fail there should be NO safety net for any company's
Hahahahahahahaha you’re funny and obviously don’t ride. Harley with all of its flaws, are doing better than ever. Who you going to switch to? Honda? Yamaha? Indian? Yeah, don’t let your political views cloud your judgement on business my friend. It’s just business.
What's an interesting dichotomy to see played out is the difference between the the housing market and the auto market. Housing is a necessity and transportation is more fluid/liquid. The acquisition costs and financing, impact on local governance.. not every economy is dependent upon union labor making cars to support the local tax base. Ultimately, in my opinion, it's the result of the manufacturers chasing government mandates/incentives - BOTH OF WHICH - are out of touch with the needs of the American consumer. They don't hear us when we say "screw your technology!". lol
It's not a crash! These are cars no one can afford to buy. If these were under $30k and not selling THEN you have a crash. For example: Check out Subaru's sales numbers for all 3 quarters of 2024.
Imagine being the guy who paid over MSRP on a truck one year ago and now they are discounting vehicle over 30k. Talk about upside down.
There’s a lot of people out here with way more money than sense.
Paid 84k out the door for my 24’ Duramax a year ago…just got the title in the mail today….ALL MINE!! 😊
@Broncort1 should have financed, bought BTC instead, you'd have a free truck and your 84k
Crazy 50% off & still wouldn’t be interested
$50,000 for a fucking Rouge...
Buying a 3 year old "new" truck for 80k is wild.
No one is buying them! So it's not that wild.
Buying a brand new truck for that price is nuts.
Dealers need a Buy 1 Get 1 free sale 🤣 Even that might not be enough.
That would be a fair deal considering the prices
4:21 Just know that a three year old "new" car doesn't exist in a vacuum. Tires will flat spot. Batteries will lose charge. Paint will be oxidized. Interior fabrics will fade in the sun. Cars are meant to be driven not just sit.
Lot rot is a real thing.
Gasoline turns to varnish....think of your push mower after one season of sitting with old gas in tank!!!!
Even $30,000 off still will never buy a dodge.
30000 off, still a 6 cylinder.
… and will still be over 50,000.00!
so what’s better then? i’m looking for a 1500
dodge makes a good looking truck n the 5.7 seems an alright engine as long as it’s not idled into lifter issues
fords have cam phaser issues, rather not have a turbo 6 anyhow
gm ecotec seems alright
thinking maybe spend a bit more and get the 3l duramax
but a bit more is like 20k in the used market
hard to say if i’d make that back in fuel savings
@@Meowface.I just got a new raptor but honestly wishing I got the Denali ultimate with the diesel. A diesel will outlast any of those you just listed. Probably will end up trading in next year but the gmcs interiors are just so underwhelming and lack a lot of tech.
Thats your problen
I'm back in the market when a premium truck with add ons is $25k.
Keep what you have.Maintain well & Repair when needed… these fools are Done !!!
I thought about trading in my 2011 f150 with a 6” lift and $5,000 rims and tires they dealership said they could give me $4,000! They said because it was lifted and had aftermarket parts it was worth less. I sold the truck for $17,000 privately.
Typically the value of a modified vehicle is fìgureď after subtracting the cost to return it to stock.
They were not wrong. When you make those kinds of modifications, values drop pretty dramatically. Glad you found someone to buy it for top dollar.
No lot wants your small pee pee vibe truck 😂😂😂
But if that very same truck was on a dealers lot they would demand full price BECAUSE of those mods😂
@@silverback8183There was a time when dealerships made more selling a customer's trade-In than the profit on the new vehicle sale. Might happen again if the overage new vehicle inventory gets seriously discounted.
I can't believe anybody actually ever paid over $100,000 for a JEEP. Are you kidding me? I think he showed the Grand Wagoner and that Rubicon were about the same price? Were they just hoping to pretend that $100k is just the standard price now? What fools paid that much?
With the upcoming job loss coming in 2025. Yes, they will have to drop it down.
Who buys a truck for the Harley-Davidson edition for an extra $27k. This is not the 70’s. 😂
The only problem with driving the HD pickup is that you would have to admit that you were gay.
Idiots do that the same idiots who buy Harleys😂
3:50 If Harley-Davidson wants to advertise their brand on a vehicle they should pay the buyer $27,000.00.
Everything went up expect for one thing, your income.
They need WAY more that 10-20% off, on a 70,000 truck I am looking for something like 25,000 discount to even become interested!
The craziest thing about Tacoma prices is they’re made in Mexico by people who make $2.50/hr.
And then come up here and can’t even cut a straight line on a piece of sheet rock 😂😂
And the prices went up
I almost bought a 2018 this week...I walked because the insurance would be $4,000 a year. Guess I'll run my 2005 until it dies. Then fix it
I don't know what you are talking about.....
The government says that inflation is only 2.7%.
Corporations are price gouging is!! Simple!! Greed is taking over!!
That doesn't take the 3 years of record high inflation into account. 2.75 is still increasing. It would need to be negative before it starts countering what had come before.
I had a plan to get Ford Expedition Max. After I saw the price close to 80k after tax, I am all of a sudden so happy for Subaru Ascent that I got back in 2019.
Not getting new vehicles anytime soon
Who's fault is it that they overinflated the prices? Then they overstocked their lots. Add in high interest rates. Let them rot in peace.😊
Can’t wait for next weeks “1000 DAYS ON LOT” video
The sheer arrogance of these dealers never ceases to amaze me. These POS would rather pay massive interest every month to their lending source than discount these vehicles and make a customer happy. Its nice to see that buying public have told them to go pound salt.
Nissan needs a long time to recover from the renault plague
Nissan has a good opportunity to step it up now that Toyota has gone to shit. If they ditched their jatco cvts and went back to offering manuals and regular automatics and not push turbos they’d sell like hot cakes.
I'm NOT paying more than 29000 for any new car
Ill just wait 10 years when that 80k truck is 15k with some miles.
Yep I'm like a Komodo dragon.... All I got to do is sit and wait.😂
new cars die after warranty
My 2009 Lexus ES has 250k miles and just barely starting to show it’s age. Think I’ll keep it for a while and wait for prices to continue dropping.
They could cut the prices in half, they would still be overpriced and out of reach for the normal American.
Thank God please end this nonsense and save us 🙏
Why would god interfere with the new car market?
WE can save us, just don't buy. 🤷
I can get a 105k car loan in 5 minutes without showing any proof of income, but have to jump through a million hoops to get a $70k home loan.
Because they dont want you owning appreciating assets. These cars are overpriced and will break easily. They are liabilities.
Plastic and paper thin medal along with a hundred recalls, you dont need a computer for a work truck.
If you're going to pay $100k for any vehicle, your income should be well into 6 figures. Even if I could afford it, I'd never pay 6 figures for any Jeep product. The new car market is whacked.
Being greedy has a price and now dealerships and automakers are paying the price for being greedy.
Dealerships have burnt the every day customers to the point they have most give em the big middle finger.
They need to throw in 100k mile B to B warranties.
dude, wtf, I want a 2020 yukon xl denali 4x4. right, expensive. but 60k for 100k+ miles. that's absolutely nuts.
Excellent insight presentation into manufacturers and dealerships greedy prices.
it's actually cheaper to do a RESTOMOD on a cool muscle car or old pick-up with all the modern conveniences than buying these unreliable plastic crap cars with inbuilt obsolescence 🤷♂️🤷♂️
3:56 - extremely marked up and covered in bird poop for god knows how long.
Surprised it even got that far out of hand 🤷
3:37 Im sorry, $111k for a Wrangler?!?! 😮
Current model Tundra ugly af anyhow.
I got an email from a Chevy dealer advertising their "Red Tag Pricing" event which is supposed to be their absolute best price. They had a brand new 2024 Chevy Silverado EV that you can lease for 24 months for only $945 per month!!!!! But hey they'll throw in a stale cup of room temperature coffee!!!!
I'll tell you fellas I have no illusions about the industry I work in. I was at Stellantis for 5 years, now at GM. I do not trust this industry right now. Saving every bit I can because sooner or later something has to give and when it does, I expect even more job loss.
I went to a GMC dealership a week ago and they wanted 96K for a 2025 GMC Sierra Denali Ultimate. I said thanks but no thanks and walked out.
I got a 1999 maxima with 230,000 miles lmao it runs better than the newer cars i had
Ford is selling around 66,000 F-Series trucks per month per their last quarterly report. They report again at the end of the month so it will be interesting to see how things are trending. But don't let a lot of inventory lead you to believe trucks aren't selling its just that production has recovered. That 66,000 number is why we aren't seeing factory rebates. If Ford offered a 5K discount on F-series trucks they'd have to sell nearly 90,000 trucks instead of 66,000 to bring in in the same revenue they are seeing now and that is not going to happen. The base sales needs to fall into the 50's or even 40K unit/per month before you will see any desperation out of FMC.
GREED!!
I'd pay no more than $10,000 for any Dodge! That's being generous.
The market will correct itself eventually. I am not in a rush. I can still get to where I need to go.
50% more for even lower quality and reliability? Yea, genius business plan there, management.
Flate rate is commission and I personally don't care if manufacturers start going belly up at this point.
30,000 is not even close to where they need to be! Try 50 to 55,000!
I have a 2008 Toyota Camry Hybrid with 104,000. Garage kept with no mechanical or body/interior flaws, and I don't eat drink or smoke in it. Best part it's paid for and gets 40 mpg. It's a keeper.
I would think that they qould cut their loses and sell em for half price and be done with. A vehicle that sits for a yr has got to be costing someone money!
"If one person is willing to pay $100k everyone else will be forced to do the same, or do without."
They ruined the Tundra its not worth the price either hard no!
For 20K i'll take it.
Slow down the camera movement
I think a lot of these dealerships rather fold than admit they took advantage of their customers and lower prices. Just my opinion.
15K off wouldn't do it for me.....
Your upside down the second your tire rolls off that lot. Insane
Do dealerships realize, that, the longer a vehicle sits, the worse and more of a depreciated it becomes. For instance, the battery has not been used, so it starts to degrade and becomes unusable, so you need a new battery. This goes for the engine and all parts of the drive train. These components are not getting lubricanated. The paint has not been washed or waxed, so it starts to oxides. Meaning that paint is dull and weathered, so it might a re paint job.
$100K for an AMERICAN pickup??? NEVER!!! 😅
one of the carmakers needs to remove all of the bells and whistles and build a vehicle that can sell for $20,000.00.
Jeep prices increased by 61% in the five years since 2019!
Simultaneously, massive cost cutting applied to parts, fittings and components, replacing them using far cheaper materials!
Arguably, Jeep vehicles were extremely poor value for money in 2019!
Increasing their cost by 61% whilst using far cheaper materials is hardly going to make them good value for money in 2024.
Whom exactly are these new Jeep customers that are willing to pay 61% more for a substantially lower quality vehicle?
Which secure unit for the criminally insane are they housed in?
...nothing had crashed...cars still over priced..
The great car buying boycott of 2024-25.
I've been looking at a 2500 on a local lot for 2 years now. They only took $1000 off the msrp. 😂 let it rot
20% off of a $80k sticker price would be ideal
Uhhh wth. Ill give em 30k out the door. Otherwise the dealership can shove it.
Has Nissan fixed their CVT problem?
100k for a jeep? W in The actual F?
Yep, $100k Jeep. Why is that surprising when 5 cent full size candy bars when I was a kid are now $1.25 or more?
Dude your high. “They have to come down $15k to make sense”… a $120k pickup truck for $105k makes NO SENSE. These $100k cars are worth $20k… same as these $800k houses are worth $350k… it’s all a con.
I hate that Toyota has "market adjustments" across all of their models. They are already expensive in the first place. It has made me look towards other brands, but their quality is pretty dodgy.
When folks cannot afford groceries and insurance, new vehicles won't sell.
They are going to have to lease these out at a low price just to get them off the lot. Then at the end of the lease, those that don’t buy, the vehicles can be put on the market for a whole lot less.
I certainly wouldn’t buy one, but I could fathom leasing for three years and turning it back in.
my wife just bought a new Lexus RX with a ton of bells and whistles for low 50s after discounts.....
There's so much inventory that these should be way, waY, wAY, WAY less. Just let them go out of business. Other companies will pop up that care about the customer.
Currently 3.3 million new (and leftover "new") vehicles available in the USA. This doesn't include the '25s.
A soon as one manufacturer does a market discount, the other should follow.
Once again, they did this to themselves.
The fact is, there is a demand curve and there is a supply curve. Where those two curves intersect is the price. You can’t possibly rewrite the rules of economics! And if you try to then you’re going to fail. What about this do car makers and stealerships not understand?
Let it rott karma is real 😮😂
He’ll no they will raise them, they still don’t get it especially with new 2022 2023 year still on the lot. I would definitely not buy them 2 years setting out in the blazing sun and winters and all of the bearings parts and especially the tires they are sick in the head.
I've been hearing many are having transmission issues from sitting so long.
It isn't just the stupid sky high prices it's also the overall decline in build quality....they are making defective products and asking premium prices and people are not gonna drop 70 , 80 100 grand on an flimsy unreliable garage queen...not happening.. Also the dealership model needs to go away and consumers need to be able to buy direct from manufacturers. Just desserts for the weaseling dealers...
The union was only bailed out because they wanted the Democrat vote that is long gone .. but there is still hope if the EPA is gutted and auto makers can bulld cars and trucks people want they might be able to come back... But no matter how big you are if you fail there should be NO safety net for any company's
So glad I got my pickup before the plague
It's boom 💥 dealers made their beds 🛌 let them lie in them now.
We have a local dodge dealership, 15k off all crew cab trucks right now.
100k for a jeep?
I’ll ride a bike
A hundred fukkin thousand for a Jeep wrangler?!
Which dodge dealer is giving 30k off msrp?
Nobody wants Harley. Trucks motorcycles, whatever they went woke. Now they're going broke.
Hahahahahahahaha you’re funny and obviously don’t ride. Harley with all of its flaws, are doing better than ever.
Who you going to switch to? Honda? Yamaha? Indian?
Yeah, don’t let your political views cloud your judgement on business my friend. It’s just business.
Stop watching reich wing propaganda, you'll be better off.
I ride a Harley and you clearly are clueless. All harley does is lose money, go look for yourself 😂😂@@themedicalmarvels
@ Hahaha they lose money because you say they do? lol cite your source if you’re confident.
Otherwise, keep your mouth closed.
Thanks!
@@themedicalmarvels source? Sure, Google 😂
What's an interesting dichotomy to see played out is the difference between the the housing market and the auto market. Housing is a necessity and transportation is more fluid/liquid. The acquisition costs and financing, impact on local governance.. not every economy is dependent upon union labor making cars to support the local tax base.
Ultimately, in my opinion, it's the result of the manufacturers chasing government mandates/incentives - BOTH OF WHICH - are out of touch with the needs of the American consumer.
They don't hear us when we say "screw your technology!". lol
The word I was looking for is PRICE ELASTICITY. The deflationary cycle is just beginning to take hold and we have not seen its bottom!
It's not a crash! These are cars no one can afford to buy. If these were under $30k and not selling THEN you have a crash. For example: Check out Subaru's sales numbers for all 3 quarters of 2024.
They have to get lower prices !!!!!!!!!!!!!!!!!!!!
Capitalism, baby! You are on point!
In the end the masses will always prevail
I love hearing they're struggling😂 Tesla isn't 😎
Nah, two more weeks
i love this. you have no idea
People do want to spend their life savings on a vehicle, especially when they look so terrible ugly.