Car Dealerships are Going Bankrupt and You Can Get a Hell of a Deal

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  • เผยแพร่เมื่อ 12 พ.ย. 2024

ความคิดเห็น • 1.2K

  • @scottykilmer
    @scottykilmer  ปีที่แล้ว +70

    Stop Buying New Toyotas and Buy This Instead for 10x Less: th-cam.com/video/GEYsgaG9blQ/w-d-xo.html
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    • @jaysmith179
      @jaysmith179 ปีที่แล้ว +8

      I want to buy a new Civic or Corolla. The Toyota and Honda dealers in Tennessee are still playing games. Charging over MSRP . Some will not even give you a price until you come to the dealer. The dealers are still scamming folks.

    • @Adam-kk7nw
      @Adam-kk7nw ปีที่แล้ว +4

      Am I going lose my quick lane job at Ford dealership?

    • @hobsdigree2
      @hobsdigree2 ปีที่แล้ว +2

      What I would give to have scotty take a look at my car and tell me why it's not turning over.

    • @kelvinstrickland263
      @kelvinstrickland263 ปีที่แล้ว

      Not in Canada,Prices are insane and people are paying the high prices and interest,My 2019 Dodge Ram pickup truck has 30k miles So I'm great and got a great deal and don't have to pay the high prices here,I sure hope it comes to Canada so we get a break on high prices and high interest, Thank You For Sharing Scotty.

    • @spiralout6604
      @spiralout6604 ปีที่แล้ว

      I have a big pump!

  • @jeffholloway7974
    @jeffholloway7974 ปีที่แล้ว +1325

    I find it hard to shed tears for car dealerships.

    • @hiphopanonymoushiphopa5553
      @hiphopanonymoushiphopa5553 ปีที่แล้ว

      How could they go broke i mean they robbed all of us

    • @Vincent-ke5zn
      @Vincent-ke5zn ปีที่แล้ว +62

      Me too, my heart pumps urine for the dealerships

    • @lukesmith981
      @lukesmith981 ปีที่แล้ว +65

      They could disappear for all we care!

    • @justingreen0329
      @justingreen0329 ปีที่แล้ว +18

      You and me both.

    • @JenniferA886
      @JenniferA886 ปีที่แล้ว +22

      Same here, good riddance to them

  • @tesstkohls7448
    @tesstkohls7448 ปีที่แล้ว +829

    A "Certified Pre-Owned" vehicle means somebody at the dealership looked at the odometer and then said "Yep, I certify this car is pre-owned".

    • @slothypunk
      @slothypunk ปีที่แล้ว +14

      you can't really "certified pre owned" with odometer 250k and more though.

    • @blueberrycobbler
      @blueberrycobbler ปีที่แล้ว +30

      @@slothypunk You must be fun at parties. Your example doesn’t need to be stated because it’s already understood and known by the vast majority.

    • @slothypunk
      @slothypunk ปีที่แล้ว +1

      @@blueberrycobbler you must be those drunkard at parties who crashes it and get arrested by the cop then! with current and even some past generation of human, sadly it needs to be stated. If it is not needed to be stated then why would the most menial common sense like mcd coffee cup have to have a warning that says "warning: it is hot"?

    • @littledovecitydust
      @littledovecitydust ปีที่แล้ว +16

      Certified preowned means free warranty

    • @ChickenMcThiccken
      @ChickenMcThiccken ปีที่แล้ว +2

      if you can prove that. you will bankrupt at least 2 of 3 major automakers.

  • @LegenLary420
    @LegenLary420 ปีที่แล้ว +349

    We are living in a time where the crooks have been revealed and yet NOTHING is being done about it.

    • @DefundtheIRS1776
      @DefundtheIRS1776 ปีที่แล้ว +5

      What are you doing about it?

    • @ChickenMcThiccken
      @ChickenMcThiccken ปีที่แล้ว +21

      because the one's who could do something; are the same crooks .

    • @chrisg723
      @chrisg723 ปีที่แล้ว +9

      Those that normally go to jail are the ones who can't afford a high end lawyer.🤑

    • @myspewedcomment156
      @myspewedcomment156 ปีที่แล้ว +10

      ​@@DefundtheIRS1776 hes trying to inform others.

    • @DefundtheIRS1776
      @DefundtheIRS1776 ปีที่แล้ว

      @@myspewedcomment156no he isn’t he is just bitching

  • @greyhoundude6112
    @greyhoundude6112 ปีที่แล้ว +504

    Believe it or not, some car dealerships are charging as much as $2,495 as an additional "reconditioning fee" on their used vehicles. Truly despicable.

    • @CC-bm3wb
      @CC-bm3wb ปีที่แล้ว +23

      I can buy a 20 year old used Avalon for $2500 locally.

    • @ryanw.5684
      @ryanw.5684 ปีที่แล้ว +30

      Additional fees are only available for suckers who buy!

    • @Papolucho702
      @Papolucho702 ปีที่แล้ว +38

      Yep, I saw that on a local dealer paperwork. We walked out lol

    • @tylerthere5832
      @tylerthere5832 ปีที่แล้ว +15

      VW will give you a great deal on some of their older cars, but then charge 1000$ minimum for almost any repair. They have the car form of game micro transactions.

    • @treeroofgrass
      @treeroofgrass ปีที่แล้ว +22

      I work at Vw as a lot porter, and today, we received a Vw Golf R and I was told to modify the addendum sticker by adding $5000 to the price and calling it Limited Market availability. 😂😂😂

  • @iflarnted
    @iflarnted ปีที่แล้ว +339

    They'd rather go bankrupt than give customers a decent deal.

    • @edwardautrey3671
      @edwardautrey3671 ปีที่แล้ว +9

      That is what it seems like , they have to rip you coming and going

    • @salaadino
      @salaadino ปีที่แล้ว +20

      Because that's not their hard-earned money. The banks lose, but banks can do quantitative easing(counterfeiting) which is the ability to print more money out of thin air. If a civilian dares to do that and gets caught they get slapped with 10 plus yrs in federal prison

    • @biglos61
      @biglos61 ปีที่แล้ว +8

      Gotta love capitalism

    • @SweetColo
      @SweetColo ปีที่แล้ว +1

      I guess it’s a good time to an auction dealer

    • @chinoxSD
      @chinoxSD ปีที่แล้ว

      "Greed will imprison us all"

  • @Dave-xq7yt
    @Dave-xq7yt ปีที่แล้ว +348

    For years dealerships have taken broke people's money to sell those people cars they can't afford. Ironically, it's now happening to them.

    • @TheLizardKing1967
      @TheLizardKing1967 ปีที่แล้ว +14

      I LOVE IT!!

    • @dougfredricks2017
      @dougfredricks2017 ปีที่แล้ว +4

      Good way of putting it. 😆

    • @tannerpaisley-ve6dq
      @tannerpaisley-ve6dq ปีที่แล้ว +5

      I swear if the rest of manufacturers start selling newcars directly I will pass out $100 dollar bills to strangers in happiness

    • @dougfredricks2017
      @dougfredricks2017 ปีที่แล้ว +2

      @@tannerpaisley-ve6dq suffice to say the old way has Driven, pun intended many to ruin. 😆

    • @cesarmontes8703
      @cesarmontes8703 ปีที่แล้ว +3

      Lol people don’t have to buy the cars they can say no. You’d be surprised how many people are so financially irresponsible but have to have the latest and greatest vehicle whether they can afford it or not. It’s not dealerships job to tell people what to do with their life decision

  • @edgarr_com
    @edgarr_com ปีที่แล้ว +141

    I went to the dealership at the end of my lease to payoff the car, they told me “ok but we need to purchase the car and then sell it back to you”. That transaction increased the price 13k. I walked away, went to a bank to ask for a loan, bank sent check directly to manufacturer’s financial institution skipping the dealership and their 13k financial fee. 🤦‍♂️

    • @Cruzan9
      @Cruzan9 ปีที่แล้ว +5

      👏🏾👏🏾👏🏾 Nicely done!

    • @cardigansrule
      @cardigansrule ปีที่แล้ว +13

      this makes no sense. they already own the car, there's no "buying it first".

    • @shawnsmith564
      @shawnsmith564 ปีที่แล้ว +2

      W.

    • @XTRABIG
      @XTRABIG ปีที่แล้ว +2

      wtf.

    • @edgarr_com
      @edgarr_com ปีที่แล้ว

      @@cardigansrule I think their justification was that the new cars and used cars are different areas/departments. But exactly, it doesn’t makes any sense.

  • @PrimaryIgnition
    @PrimaryIgnition ปีที่แล้ว +14

    I was in several dealerships in Canada recently, I don't smell desperation yet. Yet. waiting

  • @moose1485
    @moose1485 ปีที่แล้ว +59

    Agreed 100%. Dealers are pointless and only make buying vehicles a nightmare experience.

    • @NoAveRAGEJoe8.5
      @NoAveRAGEJoe8.5 ปีที่แล้ว

      What about used cars. You can’t buy used off a manufacturers site

    • @moose1485
      @moose1485 ปีที่แล้ว +3

      @@NoAveRAGEJoe8.5 You can't buy new cars from manufacturers either (except for Tesla) The dealer system is a trap.
      If you want a good deal on a used car, find someone with a dealer license ot take you to the auction or buy the car for you.
      If you have a commercial space, you can get your own dealer license and shop form the auction. It worth getting a license just to buy one car.

    • @davida7559
      @davida7559 ปีที่แล้ว

      @@andybales7318 you can say the same about the food industry

    • @lancelotlink3907
      @lancelotlink3907 ปีที่แล้ว

      Get rid of the middleman. Let consumers buy direct from the dealer and just have dealer service centers.

    • @lancelotlink3907
      @lancelotlink3907 ปีที่แล้ว +1

      @@andybales7318 The service centers can have demo vehicles but no sales department and I would be good with that especially when I am saving a lot of money.

  • @craigstiffler1692
    @craigstiffler1692 ปีที่แล้ว +228

    Hmm. I’ve been to 3-4 dealerships, and every one of them was asking $2000-$5000 over MSRP, claiming low/hard to get inventory. One dealer even said they dropped their $2000 increase, and almost immediately they were getting messages from other dealers wanting to buy their entire inventory.

    • @mustafamufasa
      @mustafamufasa ปีที่แล้ว +21

      I’m, wouldn’t that be good for the dealer? They sell more cars. More profit then making up each one.
      Am I missing something here?

    • @kCI251
      @kCI251 ปีที่แล้ว +34

      I tell tem to save the sad story and just give me a good price we can agree on.

    • @craigstiffler1692
      @craigstiffler1692 ปีที่แล้ว +7

      @@mustafamufasa I don’t know one way or the other, just repeating what the salesman said to me. He said they realized they were selling to cheap, so they put the 2K back on.

    • @polywomple
      @polywomple ปีที่แล้ว +20

      Yep that dealer is BSing. They always say that to build urgency and FOMO

    • @slothypunk
      @slothypunk ปีที่แล้ว +6

      @@craigstiffler1692 Just think... If other dealership wants to buy the entire inventory, why don't they just sells it and they already met quota, probably for the year? Since they already sold the entire inventory at that time, they can just attempt to order more cars to attempt to up their numbers even more, or just chitchat their behind in the office and just enjoy their day relaxing and not stressing out about numbers they needed to sells and move the car. You can relay the message from the salesman to all of us but you need to use your brain and differentiate between a smoke coming out of the salesman behind vs the possible reality!

  • @frankxaoz1286
    @frankxaoz1286 ปีที่แล้ว +21

    Scotty has to be o e of the best TH-camrs today. Dude helps millions of people. We salute you Scotty for caring about the people

  • @BR-gz3cv
    @BR-gz3cv ปีที่แล้ว +68

    Scotty is spot on with his observations. Teslas buy direct sales model was another reason I bought one. No dealer fees, sales tactics, or anything- it was the easiest purchase process I’ve ever had with a car. Car dealers are government protected monopolies and some of the most powerful lobbying groups in every state and in DC. Regardless of what some banks may do, car dealers aren’t going anywhere and they hate Tesla for obvious reasons. Ive also enjoyed the free supercharging for life the last 3 years on both my Teslas. I don’t use it much but it’s a nice perk.

    • @biglos61
      @biglos61 ปีที่แล้ว +6

      Ya so you avoided the headache, but you have a vehicle that takes an hour to charge. Also, those charging stations commonly use diesel generators....

    • @joesolo7719
      @joesolo7719 ปีที่แล้ว +9

      @@biglos61 my tesla charges in my garage when Im at home. Makes no difference to me. No hassle.

    • @slowmo0925
      @slowmo0925 ปีที่แล้ว +2

      How much cheaper was that Tesla than from dealership?

    • @littlebrothermoneywithmich6178
      @littlebrothermoneywithmich6178 ปีที่แล้ว +4

      @@slowmo0925 how much cheaper is a tesla versus the sticker price, or after the dealership shafts you with all the hidden fees and markups! XD

    • @biglos61
      @biglos61 ปีที่แล้ว +3

      @@joesolo7719 unless you're the 1% who has solar at home, your electricity comes from coal or natural gas... Ev isn't here for the common traveler. It deters you from traveling

  • @mineduck3050
    @mineduck3050 ปีที่แล้ว +27

    Six digit odometer for a 5 digit price. Houses that i lived in as a kid, and have person-forming memories cost less than a gmc yukon with 155k miles on it i saw locally.
    I'm only 45. I was 8 when that house was bought "back then".
    We need to turn our gaze on money, and what it is. Its killing us.

  • @scottluthy5828
    @scottluthy5828 ปีที่แล้ว +41

    Prices of cars are completely outrageous. Toyota dealerships have markups 5000 and 10000 over msrp. What is really going on.

    • @MBarberfan4life
      @MBarberfan4life ปีที่แล้ว +9

      Brrrrrrrrr 💰 🤑 💸

    • @huejanus1333
      @huejanus1333 ปีที่แล้ว +10

      I just got a Corolla for around 1500 under msrp, you just need to look!

    • @labornurse
      @labornurse ปีที่แล้ว +10

      Buy only the most undesired cars...

    • @blueberrycobbler
      @blueberrycobbler ปีที่แล้ว +1

      Some don’t, in Maine a relative bought a new RAV XLE Premium for MSRP in March.

    • @braetonwilson4296
      @braetonwilson4296 ปีที่แล้ว +1

      @@huejanus1333 where did you buy it? I've been trying to buy a new 2023 Corolla LE gasoline sedan for the past 5 months but they all want thousands over MSRP here in Dallas.

  • @billlee8670
    @billlee8670 ปีที่แล้ว +20

    GET RID OF THE MIDDLE MAN!

  • @alanlatimer1024
    @alanlatimer1024 ปีที่แล้ว +101

    Thanks for keeping us in the loop about cars Scotty

    • @jafo766
      @jafo766 ปีที่แล้ว

      Your the MAN $cotty , in old white guy on Y.T terms your 6 MILLION followers is the equivalent to Taylor $wift's 600 MILLION

  • @kimberlyhall7610
    @kimberlyhall7610 ปีที่แล้ว +67

    I love Scotty! I have learned so much from him!

    • @jafo766
      @jafo766 ปีที่แล้ว

      Your $tupid if you don't watch him.

  • @Kurtdog63
    @Kurtdog63 ปีที่แล้ว +103

    Drove by the Tesla charging stations at a restaurant parking lot today. We went thru the drive thru, ordered our food, got our food, parked and ate our food, and drove off. Most of the cars were still sitting at their stations being charged. To me, it would be gas, hybrid, or nothing electric.

    • @jcrowellz2000
      @jcrowellz2000 ปีที่แล้ว +4

      I had this idea a few years ago, and am glad it's being talked about more.
      So batteries take forever to charge, how about an exchange program at the charging/old gas stations similar to propane tanks? Mandate that there be just a universal plug in and just a couple battery sizes. The EVs have an easy roll out system to exchange the battery packs. Pull up to a charging station, one or two workers come over, roll your low battery out and install the new one.

    • @jeffshadow2407
      @jeffshadow2407 ปีที่แล้ว +10

      ​@@jcrowellz2000 Well, then the batteries would be easily accessible and stolen even more than catalytic converters.

    • @evilcookiekiller
      @evilcookiekiller ปีที่แล้ว +3

      ​@@jcrowellz2000 you can charge batteries pretty quickly now. Goes from nothing to 80% in less than an hour at powerful chargers. Plus if you charge at home you end up spending less time charging than you would on a gas car

    • @SpaceCaseZ06
      @SpaceCaseZ06 ปีที่แล้ว +19

      @@evilcookiekiller That's still too slow for people accustomed to it taking under 3 minutes with gasoline.

    • @SpaceCaseZ06
      @SpaceCaseZ06 ปีที่แล้ว +4

      They'll _eventually_ move to 800V or 1200V batteries that'll charge faster. Or, they'll go to solid state batteries that'll charge faster. Once they get it under 5 minutes, people won't mind.

  • @jaysmith179
    @jaysmith179 ปีที่แล้ว +14

    I want to buy a new Civic or Corolla. The Toyota and Honda dealers in Tennessee are still playing games. Charging over MSRP . Some will not even give you a price until you come to the dealer. The dealers are still scamming folks.

    • @kennethward4985
      @kennethward4985 ปีที่แล้ว +1

      Go for a Mazda 3 with decent size engine made my Japanese and a real Automatic trans, none of this Turbo or CVT crap that is sure to break down and cost you thousands.

    • @cormaro13
      @cormaro13 ปีที่แล้ว

      Yea I'll choose a mazda over those two piece of junk , you're only going to buy more to get into a base model vs all the features you actually get for the price on a mazda

  • @jerremyvinson6310
    @jerremyvinson6310 ปีที่แล้ว +9

    I don’t even want to pay msrp vehicles should be sold at maybe 2k above invoice price that’s where I want to be. Dealers can just hold until they decide to come down.

  • @recyclespinning9839
    @recyclespinning9839 ปีที่แล้ว +24

    Preach Scotty,
    I talked to my credit union, they gave me a equity line. She told me their scared about giving car loans. Also car dealerships push the banks to get the loan to sell the cars, but the banks are scared😮.....

    • @EmmyPierz-ek7hi
      @EmmyPierz-ek7hi ปีที่แล้ว

      Banks need to “ grow a pair!” CB

  • @pauldamore92
    @pauldamore92 ปีที่แล้ว +19

    Dealers been screwing people for decades. Time to pay the piper. I love it

  • @billynomates920
    @billynomates920 ปีที่แล้ว +101

    "i don't blame the banks" scotty is a rare one to be sure! 😆

    • @lajya01
      @lajya01 ปีที่แล้ว +9

      Banks might be the lesser of 2 evils against car dealers.

    • @husky3g
      @husky3g ปีที่แล้ว +6

      @@lajya01 Definitely true. I hate new car dealerships. Used car lots ran by Pete down the road are usually okay places.
      Bought a ford focus with 160K miles on it and it ran great until I sold it five years later. One year into owning the car, the A/C went out, went back to the dealer and asked them to look at it and they fixed it by replacing the compressor for free. Only paid like 3K for the car. A little high, considering, but the car was in fantastic shape, just a few years old and high mileage but well taken care of.
      New car dealerships literally just take the money and run, typically. If any problem arises, they try to shove it off on the buyer in any way they can after charging upwards of $5000+ over MSRP.

    • @MBarberfan4life
      @MBarberfan4life ปีที่แล้ว +3

      @@lajya01 nah, at least if we're talking about the central bank---Federal Reserve. But even if we aren't, ipso facto, we don't have free banking; under our current banking system, banks are truly one of the worst things ever conceived.

  • @Mmitchtexas
    @Mmitchtexas ปีที่แล้ว +46

    Scotty is the GOAT

  • @krasavchik8714
    @krasavchik8714 ปีที่แล้ว +17

    The only car dealers should exist are used car dealers. The best deal you can get is directly from manufacturer by skipping middleman.

    • @Mfenix79
      @Mfenix79 ปีที่แล้ว +4

      Why isn’t this already an option ? It needs to be, wouldn’t create this panic from both the dealers and the buyers.

    • @SpaceCaseZ06
      @SpaceCaseZ06 ปีที่แล้ว +2

      Until it becomes a monopoly. People will end up wishing for us to go back to dealers. Right now, they're unnecessary. Once there are only one or two U.S. car makers, it'll be different.

    • @MBarberfan4life
      @MBarberfan4life ปีที่แล้ว

      Most people still don't want to talk to a used car dealer, either. That's why CarMax and Carvana even exist in the first place.

  • @wildncrazyguytv
    @wildncrazyguytv ปีที่แล้ว +45

    Keep up the excellent work Scotty!

  • @donaldsmith283
    @donaldsmith283 ปีที่แล้ว +52

    I'm glad these dealerships are going bankrupt. They been ripping people for years.😊😊😊😊 That's what I think.

    • @richardnilsen5
      @richardnilsen5 ปีที่แล้ว

      I think they are currupt
      Because they have to be to make money supply a business friendly environment
      For them and we will
      See a big difference
      👃👍

    • @robertscheinost179
      @robertscheinost179 ปีที่แล้ว

      The biggest ripoff dealerships will be the first to go belly up. I'll split my gut laughing! They've been screwing people for years, now they are getting screwed by the banks that ate big money last time and are saying "no money for you"!

    • @iquix
      @iquix ปีที่แล้ว

      They lobby the government to stay open.

  • @Jennaweeks61
    @Jennaweeks61 ปีที่แล้ว +20

    I see sooo many people driving new vehicles,where I live south Mississippi probably trading them in 😮 Thanks Scotty for all the great information you share I appreciate it!!!!

  • @jaminova_1969
    @jaminova_1969 ปีที่แล้ว +8

    I learned about that from Dell computers! They told me that "Lifetime Warranty" meant for the "life Cycle" of the computer. I told them that they never said anything of the sort when I purchased the computer and that they should honor our agreement. And they did! But now, I only buy necessities like monitors from them because their quality has gone down tremendously!

  • @fredmontgomery9436
    @fredmontgomery9436 ปีที่แล้ว +5

    7:48 background changes behind Scotty!

  • @slowmo0925
    @slowmo0925 ปีที่แล้ว +6

    Prices of a new cars are true the roof...it will never come back.

    • @jaysmith179
      @jaysmith179 ปีที่แล้ว +5

      Thank Potato Head for this mess.

  • @bizmonkey007
    @bizmonkey007 ปีที่แล้ว +1

    I looked up how much a new Toyota Corolla Hybrid was at my local dealership. The MSRP is $24k but they tack on an additional $7k in “accessories.”
    I wish you could buy directly from the manufacturer. This kind of crap should be illegal.

  • @WiliiamNoTell
    @WiliiamNoTell ปีที่แล้ว +20

    We the people are sick and tired of being ripped off!

  • @markg999
    @markg999 ปีที่แล้ว +14

    Screw dealers...last car was a private sale and worked out great.

    • @albinogator6221
      @albinogator6221 ปีที่แล้ว

      But where did that buyer get it 1st?

    • @markg999
      @markg999 ปีที่แล้ว +1

      @@albinogator6221 It was his own car..bought new.

    • @oreally8605
      @oreally8605 ปีที่แล้ว

      If you have the cash.

    • @markg999
      @markg999 ปีที่แล้ว

      @@oreally8605 Yea cash is the way but some lenders can do a private sale.

  • @GbHaseo
    @GbHaseo ปีที่แล้ว +37

    Lifetime warranties and service are only legally required to cover "lifetime of the product" which is typically 7 years max.
    One of the first things I learned in my marketing classes in college

  • @ThomasWBaldwin
    @ThomasWBaldwin ปีที่แล้ว +7

    I wants to get me one of those 1990's Toyota Tacomas you had on video today. Two wheel drive, 4 cylinder. Perfect.

    • @jcrowellz2000
      @jcrowellz2000 ปีที่แล้ว

      You can still get them, but it's going to cost you. Agree though, i think the 4wd 5 speeds were perfect

  • @maurice8824
    @maurice8824 ปีที่แล้ว +9

    Scotty.....i think i will fix up my 2005 suburban with autoride with 265000,i bought for 3400 cash. I will never go to a used or new vehicle dealership ever again!

    • @cormaro13
      @cormaro13 ปีที่แล้ว

      Well enjoy paying for a lot gas then until you ready to upgrade lol that's why people upgrade to save money on gas and labor cause we all know that gm is just Burning oil at 12 mpg 😂

  • @SchecterMongoose
    @SchecterMongoose ปีที่แล้ว +12

    After 70 something years of sleazy car dealership practices it's about time they got theirs.

  • @SotaSlim612
    @SotaSlim612 ปีที่แล้ว +11

    That’s a fact, I’m a former Ford employee in St Paul MN, UAW got rid of us and sent our jobs to Mexico

    • @kCI251
      @kCI251 ปีที่แล้ว +2

      They don't go on strike in Mexico.

    • @SotaSlim612
      @SotaSlim612 ปีที่แล้ว +1

      Obviously!

    • @JuliaJames-zx5xy
      @JuliaJames-zx5xy ปีที่แล้ว +1

      I hate that. Why aren't more people staying in Mexico since so many of our US jobs are going down there (or already exist down there)?🤷

  • @nosuitsgiven
    @nosuitsgiven ปีที่แล้ว +7

    That’s strange…. Because here in Houston where I wrap cars, some of my clients are having trouble getting their cars and trucks delivered because they are out of stock.

    • @darkriku12
      @darkriku12 ปีที่แล้ว

      Hoarded supply plain and simple. The De Beers model.

  • @petayV8
    @petayV8 ปีที่แล้ว +17

    I dont agree with Scotty to not change the CVT fluid after 110k. I bought my Sentra with 93k and the fluid was black and burnt the tranny was also over heating on hill climbs. I changed it and the car was solid for another 65k until a sold it. I am convinced the transmission would have failed if i left it. CVTs are a different animal...

    • @billsanter
      @billsanter ปีที่แล้ว +6

      I think he is talking about flushes which can dislodge some gunk and mess things up. Drain and fill only.

    • @Mityob67
      @Mityob67 ปีที่แล้ว +2

      Exactly.
      He doesn't like full on flushes.

    • @petayV8
      @petayV8 ปีที่แล้ว

      Oh gotcha

  • @jeliarra
    @jeliarra ปีที่แล้ว +24

    Dealers going bankrupt? I can't think of many others that DESERVE it more!

  • @tonystidham4564
    @tonystidham4564 ปีที่แล้ว +14

    I recently got an synthetic oil change at a Nissan dealership, and saw the price had gone up $20 since the last time I was there. I used a coupon to knock the price down, then after the servicing, the dealership emailed me a customer survey. I said in the survey I won't be coming back for servicing because of the price. The dealership responded by saying they're sorry I wasn't happy. I don't think they care if I come back

    • @jamesvw769
      @jamesvw769 ปีที่แล้ว +6

      They dont.

    • @Chainyanker007
      @Chainyanker007 ปีที่แล้ว

      Their motto is from PT Barnum: ‘There’s a sucker born every minute.’

  • @dustinreischman1735
    @dustinreischman1735 ปีที่แล้ว +3

    You’re absolutely right most car dealers are owned by companies or “family businesses”, but the inventory is controlled and owned by the dealer floorplan, which is a captive lender or other financial institution. this isn’t unheard of, but most of these dealers will be bought out by larger dealers, creating even less small businesses opportunity, and that is really unfortunate for the local economy. Car dealers are becoming more corporate by the year which means lower wages, less benefits and declining customer service

  • @nathanielcarreon5634
    @nathanielcarreon5634 ปีที่แล้ว +3

    Good start

  • @erickrobertson7089
    @erickrobertson7089 ปีที่แล้ว +5

    I really don't forsee prices becoming more reasonable for consumers... cars, fuel, groceries, durable goods... nothing.
    Manufacturers and retailers have found a new high and consumers have been paying those new highs up to this point. They will be slow to lower them if at all. JMO.
    This "transitory" long-term inflation has been made. Its not going to change.

    • @slowmo0925
      @slowmo0925 ปีที่แล้ว +1

      Agree.Once the prices goes up it si never going to be reversed.

  • @drbassface
    @drbassface ปีที่แล้ว +13

    The dealer labor costs are up to $170 an hour.
    They take good care of my car, but are so expensive.
    Wanted an hour labor to replace an O2 Sensor.
    Showed them a TH-cam short of a guy doing it in 5 Minutes! They lowered the price.

    • @jackanderson2773
      @jackanderson2773 ปีที่แล้ว +1

      Use a private mechanic

    • @drbassface
      @drbassface ปีที่แล้ว +1

      @@jackanderson2773 Yeah, but then no loaner car or work guaranteed… But yeah, good point.

  • @nono-yesyesmaybe
    @nono-yesyesmaybe ปีที่แล้ว +13

    Upon watching one of Scotty's videos on a honda CRV, I decided to go test drive one. It was a wonderful car. It was the base model. The ask was $36k. The salesman told me it was one of only three available in the state of Oregon.

    • @cormaro13
      @cormaro13 ปีที่แล้ว +1

      Try a mazda, that base model will get you up 3 trim levels on mazda giving u more features for the money, but if you want less than the honda it is lol

    • @rasheemthebestfirstone3274
      @rasheemthebestfirstone3274 ปีที่แล้ว

      @@thewiseguy3529which mazda

    • @geraldevans2535
      @geraldevans2535 ปีที่แล้ว

      😂

    • @adrenalinekick
      @adrenalinekick ปีที่แล้ว +1

      @@rasheemthebestfirstone3274 Mazda 3 probably

    • @ayliniemi
      @ayliniemi ปีที่แล้ว

      ​@cormaro 13 I don't like the way they look, or most Nissans either.

  • @nyrangers3150
    @nyrangers3150 ปีที่แล้ว +6

    Thanks Scotty for all the great content! However, you are failing to mention about the dealerships service and parts departments which is where they make most of their money. The floor plans do cost but it won't put a dealership out of business. Plus dealerships make money in other ways. Also look at what some used car dealers are starting to do. They are going to focus on short term rentals. This will be a big source of revenue!

  • @nissanzenkiboy
    @nissanzenkiboy ปีที่แล้ว +13

    I can confirm this as I work for Toyota and let me tell you these 2 months have been the worst. Better start job hunting 😂

    • @slowmo0925
      @slowmo0925 ปีที่แล้ว

      If they raise prices even more that might help.

    • @nissanzenkiboy
      @nissanzenkiboy ปีที่แล้ว +1

      @@slowmo0925 I’m against that but higher up want the lots to look empty to charge you more and they don’t have to pay for having inventory on the lot. It’s crazy man

    • @slowmo0925
      @slowmo0925 ปีที่แล้ว

      @@nissanzenkiboy It is crazy.Well, untill people buying with inflated prices this will go on,for sure.

    • @nissanzenkiboy
      @nissanzenkiboy ปีที่แล้ว +1

      @@slowmo0925 💯 exactly!

  • @dennishernden2264
    @dennishernden2264 ปีที่แล้ว +8

    Car manufacturers stated years ago they wanted to get rid of dealerships.
    They want every aspect of sale to be handled by corporate, including insurance ... that way they can track and monitize all the buyers personal data

    • @xdarthpool6463
      @xdarthpool6463 ปีที่แล้ว

      or they want people to pay the msrp without having to deal with markups. Dealerships been doing this since the beginning of time.

    • @dennishernden2264
      @dennishernden2264 ปีที่แล้ว

      @@xdarthpool6463 IDK Igot that info from Autoline Detroit .. they don't candy coat anything come right out and tell you up front how they're going to screw you.
      They had GM rep on there asked what they plan to do about cars being unaffordable for vast majority of folks -- she basically said IDGAF, let them have stimulus and by used cars.

  • @ShelbyBanditNFS
    @ShelbyBanditNFS ปีที่แล้ว +1

    Good, then we can go back to Little House on the Prairie pulling Horses with Wagons. 1885! Amazing!

  • @daved7024
    @daved7024 ปีที่แล้ว +49

    I believe the EV market is going under. Dealers have been ripping customers off for decades.

    • @mumbolina
      @mumbolina ปีที่แล้ว +4

      the EV Market is not going down.....it is the future whether you like it or not. All problems with development will be dealt with just like every technological advancement through ALL OF TIME.

    • @notisac3149
      @notisac3149 ปีที่แล้ว +11

      @@mumbolina That's what people said about nuclear, and yet despite the massive advantages, only a few countries have put any meaningful amount of resources into nuclear fission as a source of electricity.
      edit: I'm not saying that advancements aren't being made, just that the implementation of such technologies is still quite slow. Heck, much of Europe is trying to reduce their use of nuclear power.

    • @johnholmes2808
      @johnholmes2808 ปีที่แล้ว

      EV’s are straight trash. The government will bail out the car companies because they are losing billions.

    • @paulbugoni2846
      @paulbugoni2846 ปีที่แล้ว +5

      @@notisac3149 yep, and would be the most efficient way of charging up the EV. Where is the power going to come from to charge all these eventually gov mandated EVs?

    • @MikeYurbasovich
      @MikeYurbasovich ปีที่แล้ว +4

      ​@@mumbolinaGlobalism is essential to the growth of electric cars, and globalism is in it's death throes right now.

  • @pumpupjam9648
    @pumpupjam9648 ปีที่แล้ว +30

    When the Toyota dealer down the road from me starts having auctions below $5000, I'll be there among the thousands. LOL

    • @cormaro13
      @cormaro13 ปีที่แล้ว +2

      Sounds like you need to be on Craigslist already lol

  • @pillsber
    @pillsber ปีที่แล้ว +19

    I've heard this kind of story many times over the years and frankly doubt it will ever be a good deal for the consumer. Crooks will be crooks and car dealers make the mob look generous spirited. The dealers will still just hold out and wait. Yes, I realize they have pressure points but it never seems to transpire that real deals will make their way to the consumer.

  • @LadderMover
    @LadderMover ปีที่แล้ว

    Thanks for the update on dealerships, always enjoy your hand gestures, I can almost tell what you’re saying with the sound turned off.
    Keep up the good work, thanks for sharing!

  • @CJelite1
    @CJelite1 ปีที่แล้ว +9

    Man you got life lessons in between the knowledge I love it

  • @iamziggybeatz
    @iamziggybeatz ปีที่แล้ว +6

    Your content is so refreshing, I'm sure we all appreciate you

  • @ChiTsang
    @ChiTsang ปีที่แล้ว +16

    get rid of stealerships

  • @AmericanTrucker89
    @AmericanTrucker89 ปีที่แล้ว +2

    23 ex accord 900 miles new car engine light on then off for emissions

    • @cormaro13
      @cormaro13 ปีที่แล้ว

      😂😂 piece of junk

  • @oladipupomesole8542
    @oladipupomesole8542 ปีที่แล้ว +11

    Hello Scoty, thanks for the information you give out

  • @lancelotlink3907
    @lancelotlink3907 ปีที่แล้ว +2

    Get rid of the middleman car dealer. Let consumers buy direct from the dealer and just have dealer service centers. Manufacturers would sell more cars this way.

  • @DanielGarcia-zz9eg
    @DanielGarcia-zz9eg ปีที่แล้ว +6

    2010 Nissan altima
    I change the transmission fluid every 60k miles. So far I have changed it 2 times in its life.
    No issues with engine or transmission.
    Key is maintenance.
    I'm at 130,000 miles and still going strong 💪

    • @MrBurgerPal
      @MrBurgerPal ปีที่แล้ว

      Key is italian tuneup with some techron in the gas tank after every other oil change ;)

    • @petayV8
      @petayV8 ปีที่แล้ว +2

      You are wise. People don't maintain their vehicles and then complain they fail or are "unreliable"
      I had a Sentra with the same CVT transmission. I changed it every 30k! Also filter and removed pan and cleaned particle magnet. I sold it at 165k and it ran like new

    • @DanielGarcia-zz9eg
      @DanielGarcia-zz9eg ปีที่แล้ว

      @@petayV8
      That's what's up.
      Too many ppl just drive till it breaks down. Car be lucky to get an oil change once a year.
      Gotta spend a little on maintenance to save thousands and extend the life of the car.
      Also will help reach the goal of no car payments for years to come.
      2010 paid off in 5 yrs. 8 yrs no payments. Got my money back and more each month it's running.
      You can get your money if you keep it twice as long of your auto loan

    • @johnelwood5775
      @johnelwood5775 ปีที่แล้ว

      Have an '08 Altima with 111K miles on her. Change xmission fluid every 30K miles. Runs great. Altered dip stick so I can remove it easily myself.

    • @petayV8
      @petayV8 ปีที่แล้ว

      @@johnelwood5775 Nice. I know everyone hates on those jatco CVTs put honestly they are fine if you just maintain them how they were supposed to be

  • @brucejin9050
    @brucejin9050 ปีที่แล้ว +1

    here in canada ontario, f150 are 8k off mrsp😂😂

  • @donniev8181
    @donniev8181 ปีที่แล้ว +6

    I think im going to hold off on buying a car until the new Toyota Stout comes out! Thanks Scotty for the sound advice on everything!

  • @cory3476
    @cory3476 ปีที่แล้ว +3

    Honda Odyssey Van Gas mileage. We have a 2016. When my wife drives it, she gets about 12 miles per gallon. I get between 22, in town and 28-30 hwy. she idles a lot and drives aggressive. I don’t idle and drive normal. After checking all the mechanics of the mileage, check the driving habits. 😊

  • @TheVintageBumbleBee
    @TheVintageBumbleBee ปีที่แล้ว +5

    Can you imagine this video with Scotty's hands behind his back!? Love it Scotty!

    • @joemag6032
      @joemag6032 ปีที่แล้ว +1

      Hopefully he never gets arrested, and cuffed behind his back.

    • @JuliaJames-zx5xy
      @JuliaJames-zx5xy ปีที่แล้ว

      No, not behind his back 😂 Scotty is Scotty 😊 He talks & illustrates with those mechanic hands. They're on auto-pilot. 😉🤗👏

    • @SpaceCaseZ06
      @SpaceCaseZ06 ปีที่แล้ว

      @@JuliaJames-zx5xy without his hands in constant motion, his mouth would cease to work. You'd get fifteen minutes straight of him squirming and mumbling.

    • @TheVintageBumbleBee
      @TheVintageBumbleBee ปีที่แล้ว

      @@SpaceCaseZ06 right?! Gotta love it!

  • @ruiz212
    @ruiz212 ปีที่แล้ว

    Everywhere I look in my South Texas area I see huge new dealership being built 🤷‍♂️.

  • @robertott2631
    @robertott2631 ปีที่แล้ว +4

    They ain’t lowering prices., At all

  • @workstationmark4103
    @workstationmark4103 ปีที่แล้ว +2

    A lot of car dealerships in North America are crooked its payback time

  • @bobmcgehee1749
    @bobmcgehee1749 ปีที่แล้ว +4

    I haven’t seen that yet here, hopefully some sanity will come out of this.

  • @humblerojo6300
    @humblerojo6300 ปีที่แล้ว

    10mpg! Also check the air intake snorkel after the mass airflow sensor for a HUGE split in it. The crack could hidden underneath and sucking lots of unmetered air causing excessive fuel consumption. This excess, unburned fuel could also ruin your catalytic converters and throw cat inefficiency codes. Buy a new intake if there’s a crack.

  • @SilverStarEagles
    @SilverStarEagles ปีที่แล้ว +1

    Here is a solution; Allow individuals to purchase directly from the manufacturer. Why do we need these middle men (dealerships) again?

  • @timmueller1314
    @timmueller1314 ปีที่แล้ว +5

    I talked to the Optima battery people(I believe they were the owners) at the EAA last year. They said it was goverment lead regulations that forced the move to Mexico.

    • @marcJoel
      @marcJoel ปีที่แล้ว +2

      Woah that’s very interesting thanks for sharing

  • @p0six71
    @p0six71 ปีที่แล้ว

    I work for a large electric utility. Not only do we not make enough electricity, but the grid itself (wires, transformers, substations) can't support a 5% to 10% switch to electric vehicles.

  • @brianbarker2670
    @brianbarker2670 ปีที่แล้ว +4

    So if all the dealerships disappear and all new cars are factory direct to customer transactions do you think the MSRP will be lowered...NOT LIOKELY!

    • @slowmo0925
      @slowmo0925 ปีที่แล้ว +2

      Never.This prices are here to stay and climb even more.Did stuff got cheaper because companies moved in less costly jurisdiction.Of course not.Same will happen here.

    • @albinogator6221
      @albinogator6221 ปีที่แล้ว

      Not with gas so hi. Always a reason to cost more.. just make OIL and keep dealerships open!! Simple!!!

  • @antonioh3213
    @antonioh3213 ปีที่แล้ว +1

    Love it ! I’ve seen a lot of dealers scamming buyers with high profit additional MARKUPS

  • @svfox
    @svfox ปีที่แล้ว +2

    i dont see any deals.......sky high prices still

  • @orlandomarinez70
    @orlandomarinez70 ปีที่แล้ว +8

    Hello Scotty .., with all your respect 🫡 I have to ask you something…, how tha heck you know so much…; I’m subscribed to your channel and try to keep up with the videos you post during the week…. and I can’t understand how you can storage and handle so much information…; I know you have been around for some time…., but Señor.., you are like a computer… so much knowledge condense 😅 in that brain….
    But really… thanks for taking your time and sharing all your years of experience….

    • @johnpollard4158
      @johnpollard4158 ปีที่แล้ว +4

      Dude has a masters degree in anthropology and was on his way to a PhD when he decided he wanted to be a mechanic instead, so he's a smart guy.

    • @orlandomarinez70
      @orlandomarinez70 ปีที่แล้ว +4

      Yes 👍🏻 indeed.., I would pay anything for him to check one of my cars… way too good 👍🏻

    • @JuliaJames-zx5xy
      @JuliaJames-zx5xy ปีที่แล้ว

      Scotty's priceless when it comes to knowledge. I wish I had 1/10th of his memory, knowledge & skills. Definitely a car owner's greatest treasure.😊🔧🪙

    • @michaeldalton8374
      @michaeldalton8374 ปีที่แล้ว +1

      He generates car facts through hand gestures. Like a motor.

    • @JuliaJames-zx5xy
      @JuliaJames-zx5xy ปีที่แล้ว

      @@michaeldalton8374 yep 😂🤣 he wouldn't be Scotty without his hands 👍🔧

  • @Febreze99
    @Febreze99 ปีที่แล้ว

    ESEE & Tops knives honers their knives for life without any catches 👌🏼

  • @witness1013
    @witness1013 ปีที่แล้ว +11

    No. They aren't Large dealer groups are going broke for other reasons - but most dealerships aren't going broke.

  • @sealblade
    @sealblade ปีที่แล้ว

    We live in Seattle. Seattle exempt from any deals. All lots selling over sticker.

  • @JS-kh5ls
    @JS-kh5ls ปีที่แล้ว +4

    Come on recession, I need a new car

  • @brocklee1996
    @brocklee1996 ปีที่แล้ว

    Out here in so cal there aren't any "deals". Dealers still have ridiculous markups and high inters rates.

  • @dangrather1280
    @dangrather1280 ปีที่แล้ว +8

    I have never had a totally honest car salesman. I thought I did once but at the last second I noticed he added $1000 to the total. When I asked what its for he replied nobody ever worries about that. I walked and have never been to a dealership since.

    • @thenotoriousjoey9956
      @thenotoriousjoey9956 ปีที่แล้ว

      Lol wtf sounds like he was a bad salesman I’m alwyss relaxed with clients

  • @mongoose60ft42
    @mongoose60ft42 ปีที่แล้ว

    I know a lot about cars and this guy has never been wrong about one thing

  • @Spartan77
    @Spartan77 ปีที่แล้ว +4

    Kinda of hard for us to buy anything when we are getting the crap kicked out of us financially but hey, no more mean tweets right? Right?

  • @tauseefhassan7796
    @tauseefhassan7796 ปีที่แล้ว

    My '14 Odyssey's transmission went on the blink every winter after I changed the fluid at the dealer at 45,000 miles, banging into second gear, fixing itself when I turned the engine off, but it was fine in the summer. I ended up replacing it with a used unit at around 80,000 miles a couple years ago. I flushed the tranny 5000 miles later just to be safe. I'm not changing the fluid again. EVER.

  • @MBarberfan4life
    @MBarberfan4life ปีที่แล้ว +16

    The fact that dealerships even exist is wild---because they cried to the giverment

  • @lettybastien4624
    @lettybastien4624 ปีที่แล้ว +2

    I drive through the Shimmy.

  • @Czechbound
    @Czechbound ปีที่แล้ว +5

    Sandy Munro said the top 3 wealthiest families in Illinois were car dealership owners.

  • @derekward2266
    @derekward2266 ปีที่แล้ว +2

    Thanks!

  • @edwardautrey3671
    @edwardautrey3671 ปีที่แล้ว +4

    My last few experiences at dealerships were awful, hope they go belly up

  • @arthurfleck5672
    @arthurfleck5672 ปีที่แล้ว +32

    Thank you Scotty for all of your wonderful/entertaining vids and great advice/guidance.

  • @redpandalove4861
    @redpandalove4861 ปีที่แล้ว

    Or the dealership try to charge insane prices for individual cars. My sister and brother-in-law went to Hyundai to look at the Palisade. They tried to get them into a lease for $991 per month... for a Palisade... they got an MDX for $650 per month...

  • @1Dakashi
    @1Dakashi ปีที่แล้ว +5

    I think i missed the message about the deal somewhere 😮

  • @paulperry9861
    @paulperry9861 ปีที่แล้ว

    Tbh I didn't know they got loans for cars I just thought they bought it from the manufacturer for a small price cause of bulk and over priced them. You learn something everyday.

  • @gloomweed318
    @gloomweed318 ปีที่แล้ว +1

    Tesla did the math on the "free" electricity for life. They only have a finite number of super charging stations. They calculated how much money it would cost them for each of those to be charging 24/7. They realized the profit made offsets the money lost, and because only a certain amount of drivers can fill their Tesla at any given time, its not like all the Teslas they sell are going to be using the perk. So yes, its free. But no, youll never get to use it unless you want to wait in a 8 hour long line. All by design.

  • @PD55_
    @PD55_ ปีที่แล้ว +3

    Tesla's StarLink saved Ukraine. What did GM and Ford do?

    • @SRVandDtrouble
      @SRVandDtrouble ปีที่แล้ว +1

      Saved Ukraine...? Dragging out this conflict only kills more people. Prolonging the inevitable and claiming more victims along the way.