Ford, GM, Stellantis CAN'T SELL CARS! Lots Are PILING UP!
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- เผยแพร่เมื่อ 28 ก.ย. 2024
- Right now, many of the dealers of the major auto makers like Ford GM, and Stellantis are sitting on over three months of inventory for their brand new on sold cars, which is way above the industry average. And these unsold new cars have a ripple effect on the economy, and also hurt the lower end used car sales as well.
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SENIOR CITIZENS BEING FORCED OUT OF RETIREMENT! th-cam.com/video/LgvtSbPyKYI/w-d-xo.html
hey Michael, I am thinking about holding on a rental till 2025 in hopes interest goes down, to SELL 2 properties, any thoughts, lots of speculation I am reading...dang Feds
Well lol
Unless I win the lottery or some similar unusual occurrence, I will be staying with the car I have. A 2005 Hyundai sonata with 163,000 miles on it. I drive it about 3 miles a day if that. Some days I don't drive it.
I will not be buying a new car until prices drop drastically.
Happy Memorial Michael and Lisi 🙂
Remember all of our fallen men and women 🇺🇲🇺🇸
They should have voted for Ton Paul in '08. End the fed and back to gold. Central banking is a form of corporate facism. It benefits the few and enslaves the many..
My wife and I bought our brand new house in 1978 for $35,000 on one acre with 3 bedrooms, two bathrooms and a two car garage. We are still here !! Property tax for 2023 $1,650. 16:59
Naaa I love jets, money well spent!
Let ‘em rot on the lot. Dealers were all too happy to jack prices up with “market adjustments” now, we’re adjusting their market…
Agreed. The chicken always comes home to roost
Plus the fact that all American Automakers end up caving to the damm unions which bleed them dry and they end up passing the labor costs onto us...Nice
Exactly. These dealers see consumers as people to fleece
yep selling above msrp now blaming higher than msrp pricing on manufacter
stuck their head s out lil too Far.....far ....far... can almost hear the echo... Too Big Too Fail...🙃👈
Our tax money gets much more wasted with corruption than any kind of military jet show
My video game island, free of all these stupid economic woes, can't even afford a jet show. I haven't even seen a jet for sale. I would buy it, as my pretend video game money is piling up and I have already built and bought most everything that I can. We have the island powered by free-energy machines, utilities are free, no inflation, no taxes, yet not even make-believe land can afford a silly jet show.
I guess it helps that we have no politicians on the island. Gee, how did we manage that?
I hope all those jets are the good guys taking out the evil deep state.
I could get $10,000 off a GMC Sierras Denali right now. Local dealers have 77 Sierras in stock. Nothing is moving. I am waiting it out and letting them bleed further. The fun is only getting started. 38% price increase on Sierras in 4 years, for no apparent reason, it's the same model. I assure you, there is PLENTY of wiggle room left to spare. Let the auto makers eat themselves
Don’t wait too long, those contracts are being written in Spanish as we speak, and I’m not kidding!
Wait until they decrease by 50%
@@kbbb4227 Yeah, the day the 60K vehicle is marked down to 35K or less is the day they magically disappear. "Regular" Americans will never get a deal.
The automakers are screwing the dealers with higher sticker prices. Dealers were happy selling vehicles when Biden bucks were flowing freely to people not paying rent or working. Tough times ahead folks!
You will win for sure.
Driving a 23 year old car. Just passed 205,000 miles today.
Will drive this car till the wheels fall off.
007
I am driving a 2011 with 105,000 miles on it.
Knock on wood😂😂
Driving 1999 and 2004 Lexus R330 currently. Good machine, good maintenance and both purr. No payment coupon book!! ⚜️⚜️
It won't last forever. Mine waa one major repair after another. The repairs weren't worth the cost of the car anymore. My new car was the best decision. 2.25 interest.
Yep!! Hell yeah!!
Stellantis jacked up the MSRPs so much in the last 3 years that $15k off STILL isn't a great deal. 🤦♂️
Stellantis is the JcPenny of automotive companies. American dealers in general have enjoyed scamming and tacking on “market adjustments” since 2019. I’ll be buying foreign cars forever.
Their cars are crap and their mgmt is crap.
Raise the prices 35% then cut the price 5%. What a great deal!
Stellantis would have to pay me to drive one of their products!
And, there are just so many idiots who will pay MSRP or over. Demand for those people by dealers exceeds supply.
These brands of vehicles are crap. Kia, Hyundai, and Nissan are also crap. Toyota is also incorporating unreliable plastic parts that break into their vehicles. Honda is also crashing in reliability. The Car Wizard fully understands why thoughtful people avoid buying ANY BRAND of new car. New cars are becoming more unreliable with each passing year! I am taking very good care of my used vehicles. Thank you Car Wizard!
Yes. I was surprised that the plastic covering on my driver's seat of my 2021 Toyota brokedo quickly! It's probably no longer under warranty either. The workmanship is getting tacky. My mud guard disappeared last year after a heavy Florida rainfall. (Not hurricane)
I was super surprised!!!!
Back in 2007 I bought a brand new Hyundai Accent with 21 miles on it !! I still have the car and drive it with 397,000 miles.
No offense they did it to themselves! Dealer mark ups!!! Bye bye car dealers, bye, bye!
That's a great thing to say bye bye dealers until you or your family members need a car. And then you're all saying help me help me help me?
@@Joce123 There are other ways to get a car than a dealer. Buy direct, for sale by owner etc….
ONce people are SCREWED OVER they AINT GOING BACK. We arent SUCKERS so these car companies that are SCREWING US OVER PRICES. TRACKING AND SPYING ON US. SELLING OUR INFORMATION and building JUNK can KISS IT
I bought a 2003 chevy pu and I will NEVER buy another truck or car again
@@findingdori442 yes, but if the top of the food chain (dealers) are gone do you think you are going to get a good deal on a used 'by owner' car?....it ill be 30k for a clapped out 15 year old civic...and you will be in a bidding war with everyone else for it.
@@michelle-lz8tg either way unless we all magically get rich those lots are going to disappear
Today is Memorial Day. Honor and respect to those who gave the ultimate sacrifice. 🙏
Yes.
👋🙏🇺🇸🙏👍🍺🍺🍺🍺🍺🍺
God bless them 🙏❤️🔥🙏
💯‼️🪖🇺🇸
Those who bought Chrysler products
I paid my car off back in 2019 and I've officially been done with car payments for 5 years which was my loan. The last 5 years have been incredibly liberating not paying the bank just to drive my car. It's just so much easier to have the cash and leverage from a desperate seller when the Poop hits the fan. Just be ready for the day.
I'm halfway done with paying mine off and I'm looking forward to freeing up that $560 each month for sure. Can afford it no sweat, as it's the only expensive thing I got, but my budget requirement will be cut by a third when it's finished.
@@TheRiverweasel09 good lord, $560 per month! Yeah I hope you get out sooner than that. Imagine how much compound interest you will be able to build up once you pay off that loan. I can't wait for you to get there, good luck and I hope you at least drive to cool locations with that car.
Everything will crash this year, wait for it.
It's more liberating not working for the man
I will be free Lord willing next May been 6 long years and I be damned if I put that nuse around my neck again. Thank you God for seeing freedom.
I moved to a small Kansas community and bought a nice little house for $45K. I have a 40 minute commute to work but it's worth it. There are cheap houses in these small outlying communities if you don't mind the commute and quiet life.
Tornado capital. No thanks
Just bought a used car this weekend. The market is crazy. You can't find a private sale anywhere. People are holding on to their used cars because of the prices of new cars.
I'm glad I guessed right at the beginning of c19. Snagged a used economy car off a lot in mid '20. Been slowly replacing any wear & tear item since. All is well as long it doesn't wind up in an accident. Meaning, too expensive to replace.
That's where I'm at. I own two cars: a 2000 Lexus GS300 with 154,000 miles on it that I inherited from my dad, and a 2009 Hyundai GLS with 54,000 miles on it. I don't see myself selling either one--I'll drive 'em until they fall apart.
Thank you for calling out the rampant idiotic govt spending
Property tax has to go - its criminal
Its really a lease because if you dont pay the rent ( taxes) they take the property with no compensation ( theft)
@@christophercassidy9962Then how do you pay police,fire, schools, etc?
@@jimkelly4214 With all of the other taxes we pay lol
If people can't afford McDonalds, let alone their rent, why would anyone buy a new car right now?
Cause they want it even if can't afford. Repo man won't find car for a while. Let's just take the money from people's retirement plans: start with insurance annuities. Take it all😊😊😊
Yeah, no thanks. I'm not wasting money on declining value on crappy assets like cars.
I'd rather keep my vehicle and enjoy it paid off soon for longer. Also have more money to tuck away for my own future.
Life not tied to debt is a life worth living.
Another Smart person coming too their Senses... Proud of U illusions were off quick when u can't afford
ur Sh!t.....
I would buy a dodge scatt pack or hellcat right now I would love to have a charger. Won't buy cause it's over priced. Volume game should be on these dealers minds honestly.
You have insurmountable debt created for you by your government- you just haven't been directly hurt by these policies... yet. Give it time..
Facts!! 👍
I'm so very proud of you, Michael, for your hard-hitting videos. Rare to see such honesty.
And thanks for helping my daughter Kelly F with her home purchase this month in Jacksonville. WOW! Excellent ... the Realtor treated her like royalty. (ps: apostrophes!)
I went to a Toyota dealership today. Memorial Day. Thought I would snag one of the 10 Camry's they had on Friday. They can't sell them. Wrong. Not one left. This particular dealer sells at MSRP. No add ons no mark ups. No Camrys.
Toyota...
Camry is a popular fleet car. All over the country.
Wife of military pilot here. Those pilots training regularly and have required hours they do anyways. It is a way for the public to enjoy and a big recruitment tool. It’s better than sending money overseas.
Lol that's funny since those jets are not really for the protection of this country as much as they are for foreign countries forever wars.
T h a n k you for verifying my comment.
This bloke is a certified glass 1/2 empty commentator.
f the military. Not protecting America one bit.
No the country is broke, it’s not a good use of resources. Saying it is better than going overseas doesn’t make it good.
@@thetapheonix the government needs trained fighter pilots to defend itself. Training during an air show makes even better use of the money. How do you disagree with having trained military?
My sister is in the market for a new Jeep. Tried to make a deal on a model where inventory is piled up sky high.
Nope. Dealers will not cut prices.
Now she says she won't buy a Jeep even if they cut prices significantly because she was treated so contemptuously at the three dealerships she visited.
As long as her current vehicle is in good repair, she doesn't need a new car. I'm driving a 15 year old Hyundai and have no plans to buy anything soon.
Yep had the same experience at a Jeep dealership on a Grand Wagoneer. Glad I dodged that bullet! Will never buy a Jeep.
@@RealEyesRealizeRealLies1 Most dealerships are staffed with rude, arrogant people, which makes buying a car as much fun as going to the dentist.
Tell them you will come back to see them for the going out of business sale.
Commitment and a down-to-earth attitude are truly inspiring. Keep it up.
I bought my house out of necessity, I needed to modify my bathroom to accommodate my disability and my apartment wouldn't allow it. Timing was secondary, but it worked out, fortunately.
I can't believe no one is lining up to pay 70 for a Jeep Cherokee lol. The Toyota and Honda dealers are moving cars just fine.
Yeah but even they are crazy. 42k for a CRV???
55k for a Tacoma, no better deal pal
Toyotas have gotten expensive. Tacomas are expensive.
Putting Jeep and Toyota,Honda in the same sentence is a crime ! As a former skilled trades contractor who spent time in various domestic plants throughout Michigan, I strictly forbid my family members from driving ANY DOMESTIC ! Their quality, tolerances and attention to detail are freeking laughable 😂😂 ! The only time a handle my tools anymore is to fix stuff around the house and the occasional oil change. My 25 year old Tacoma runs like a top as does our Subaru, Hondas !
Bought a new Hyundai Elantra recently. Across the street is a Dodge- Chrysler Dealership. Owner told me they are not selling anything, But Hyundai sells them as fast as they arrive, Hyundai Manager said they have sold 72 since Jan, Out the door with my trade 21k. BTW My trade was a Jeep Compass North Edition 4x4 2014, hunk of Junk.
Michael, I respectfully disagree on the air show comments. I love your show and catch it as often as possible. Please understand that training and recruitment is needed. The opportunity to train and pay respect to those who serve(d) is a win win. That is what makes America GREAT!
Exactly. And taxpayers don't pay for it.
nope .no one needs the waste of taxpayer's prosperity,
The price for new tacomas went up like $10k, and they put a stupid 4 cyl turbo in it. Sales are down 60% on the new ones😂
Toyota getting rid of their V8 engine in their trucks and putting stupid turbos in Tacomas will be a huge wake up call. Nobody wants that crap.
GMC did the same with the canyon
People that own a 2023 or older naturally aspirated 4 cyl or V6 Tacoma will probably be able to sell them more for than they paid new again.
Toyota stout coming in 2025? Mini pickup?
The Honda Ridgeline has a nice naturally aspirated V6 and the Nissan Frontier has a decent V6. Those two I would buy now.
Totally understand your concern about flying the jets, but I can help provide some clarity to these expenses. As an AF Vet (and now finance for DoD) I worked with pilots and coordinated flyovers for different events like NASCAR. That said, I’m not an expert and I don’t know everything, but pilots have to fly a certain number of hours monthly, and this money is typically budgeted five years out. It’s not like they are wasting new money. They use event opportunities to meet flying hour requirements to remain proficient and certified.
then you buy the fuel.
The old saying was
" A boat is a hole in water you throw money into." Nowadays " A car is a hole in the ground you throw money into."
90k for a truck isn't even on the radar of the average person. I think it's 16-32k for new cars. Interest rates are far too high.
Actually, if those military jets weren’t performing today, they would still need to be flown to keep up pilot hours
Holy guacamole on paying $100k/yr for property tax. 😮 And, that house is ugly. I'm with you on wasted money for air shows.
I'm not sure on Florida property tax laws, but I assume it is due to an appraisal cap imposed by the legislature. California and Texas have a similar system, where depending on the type of property, the taxable value can only increase by x% per year, but the market value can increase by however much the assessor wants. Once someone buys that property, all those exemptions and caps completely reset, and you're taxed on the market value, which can be hundreds of thousands of dollars in difference.
They always talk about no income tax but don't mention the increased property and sales taxes.
The total consumption of jet fuel for our military is 1 million gallons per day.
They want to stole your money putting those huge tax
I don't mind air shows. They are only once a year or every two years. I like getting a chance to go on an air base and look up close at what my tax dollars are helping to support. If they weren't up performing for the public they would still be flying anyway for training and other activities anyway.
I live in "upstate" new york, and I cant even fathom 8900 dollars a month for rent. There are no words, so I am not even going to bother any further.
Agreed! I pay $8100 per YEAR to rent....
Same. Despite our poor job market, Having a decent salary here gives you a pretty good standard of living vs many other areas.
a lot of the stuff is money laundering and tax write off for high rollers/investors
Mind Blowing. I live in Utah and to rent a house here is about $3,000+ q month and that's super high for a freaking Utah.
If you want the prices to keep coming down do not buy now ! They will give in before you do....
Hope it works for you.
They're not flying those jets around for fun and wasting fuel.
Those are training flights at the same time for the pilots.
PS... I LOXE your videos. Thank you!!!
Plus, they are a great source for recruiting.
I hope they're not training when they're flying 5 feet above my head!
Came here to say the same thing. Plus it signifies unity and patriotism which has severely been lacking.
training? LOL gonna crash into civilians learning? LOL
@@timemarkerlegacyPatriotism and unity 😂 What country do you live in ?😂
No one is busted up that dealers losing their shirts. They have been ripping people off long enough. Good luck with the $100k pick-up. The folks driving paid for Honda, Toyota, etc are investing their money for later. What mind set allows you to have a $1700 a month payment?
Their employees have skin in the game.
I would rather keep driving my 30 years old paid off Toyota previa. cheap registration cheap insurance no monthly payment. just oil change and gas up.
I’m fine with an airshow. It’s a hell of a lot cheaper than the billions of dollars we are sending overseas. Every single airshow that’s going to go on this weekend is going to cost less than 5% of anything we’ve ever sent to Ukraine in the last year. At least this is for the American people and for our veterans.
I think its already spent money. They paying those military guys salaries whether they fly for you or not. That gas it already paid for..they get it delivered all the time..its probably a contract to the company supplying it..its already paid for. They travel all over doing shows for the public. How many planes do the thunderbirds have? They are always doing shows. Its a national pride thing. Better doing a show for us than fighting in a war.
How stupid is the state to ramp up property taxes in an inflation high rate environment where the wages has not kept up. The state should be lowering taxes on homes.
Interest rates increasing makes all new gov debt that much more expensive to service. Taxes are the governments income source.
Inflation is also a tax on people.
@@thygrandwizard i did not vote for this government or any government for that matter it is their debt not mine. (except for basic services) they can pay for their own wars and subsides to their corporations. the greed and corruption is shameful to say the least.
@@rosesmith6208 they are getting it out of you alot of ways, you dont need to even vote. you'll be looted just like the rest of us. problem is we have a very SNEAKY 2 party dictatorship of bought and paid for goons, controlled by the wealthy and globalist. thats why they are doing endless wars and giveaways FEW of us want. they are running up deficit and debt doing these things and we will have to pay for this mess. they use the SCAM of expensive campaigns to vet and control the groveling puppet politician that claws his or her way into office. we need FREE campaigns and tests and bar like exams for all candidates as a start. we have no business having senile or stupid people running the gov. also LONG uninterrupted debates so we can hear out the candidates fully.. ban lobbyists. then we might see some sanity return.
Property taxes and mandatory insurance needs to go away.
1 it's unconstitutional.
2 it makes it unlikely, if not impossible to retire.
3 it only goes to make MORE government jobs that add NOTHING to the economy.
Exactly. What are all these property taxes for???
Tax Hebrews. They Byy the Bombs
YES! It's economic slavery. Add income tax to the list, too.
@@zuzanazuscinova5209roads. Schools. Police and fire departments…….
If more people understood this . Unconstitutional for a reason our forefathers understood big government and how really dangerous they can be .
I don’t care what happens to the car dealers and manufacturers. Greed has a result.
Keep preaching it brother!! That's right! 50k for a piece of junk, forget about it.
*Interest rates so high, why would anyone pay a mortgage payment on a car payment. I've said this for twenty years as a prior mortgage broker. $500.00 is to high. I used to have a mortgage payment at $275. a month.*
Got your show twice a day I love it. It pops up on my feed all the time. I always watch your information is very accurate. Can't even get it from news anymore. It's crazy. We gotta watch a TH-cam. I'm glad you're there though.
Drove past the Stellantis Jeep inventory lots in Chicago recently and it seemed to go on forever.
I spent $3,000 fixing up my 2011 car runs fine at 170,000😅 and it's paid for🤣
I did the same fixing the AC on my 03 Tahoe. I dont plan on buying a new car ever again.
I bought my 2005 Saturn VUE V6 back in 2012 (Honda engine & transmission) at 120,000 miles....now it has 364,000. It has taken me everywhere I wanted to go, traveling with regular maintaince. Going to keep it till it DIE'S. It's been good to me, so I have been good to it. 😀
Smart, $3,000 is only 5 monthly car payments at best.
Me too ! $2k on repair 2011 Audi TTS 135k miles …I am keeping it❤
Smart move. I put $3400 into my Jeep Cherokee XJ needing a cylinder valve job and did a complete cooling system overhaul. 225,000 miles and it runs so strong. That truck is an American Legend piling money into savings since I paid it off 15 years ago
I remember when dodge ram did the revamp in 1994. They became very popular with the ‘18 wheeler’ hood. I remember a 1996 Z71 MSRP at $28k but ram was low $20k. They were cheaper than ford and chevy. Fast forward 30 years, they are the same price, and some trims cost higher than the other 2 competitors.
Bought a Dodge RAM 1500 in 1999 for 17k. Drove it for 20 years. Good truck, but even today its not worth more than 20k brand new.
Bought a big ole RAM 2500 diesel in 2010. Still runs like a champ.
Ram went down hill when Fiat bought it from Daimler and then sold half to Peugeot and called it Stellantis.
Thank you. What we are doing with my wife's trust after I found out they were taking fees over the yearly pay amount was buy things recent that were needed but more quickly then ones to two items. Then after I found out the trust could be used for so many different things I was paying myself I was furious they never told us. Now after seven people later we have a more honest and transparent person to work with so we are acquiring my wife a handicapped vehicle. Just wanted to share a story as since I began watching your videos it has helped educate me and make better choices.
I drive a chariot once owned by Ben Hur which I bought for spare change and pocket lint.
2000 years old and still a great daily driver!
And the only gas comes from the horses
@@paulh6096Rusty! 😷
We have a local car audio shop that is incredibly busy installing apple car play/android auto stereo head units into older cars, people are upgrading the older cars because they can’t afford a new one with the all the technology features!
Pilots have to keep up on so many flight hours so those "shows" are part of their flight hours. They would be flying them regardless.
As a former military pilot, I can tell you there's a lot of waste.
@@northmaineguy5896 have to keep the MIC going somehow
It is not about spending money in other countries, it is about making corporations and the top 1-2% pay their part.
"These people will suffer the consequences." I respectfully disagree Michael. The government will be there with the money printing press running & free handouts. The responsible people like us will eventually pay, either with higher taxes or higher inflation...& these politicians will brag how much they "care," while destroying our future.
No, the people will suffer the consequences but the banks, corporations and Wall Street won't.
@@EdwardM-t8p Actually part of my point was that the banks, big corporations, Wall street & the government are basically one big self-centered entity nowadays .
Great segment on the MILITARY SPENDING!!!!! When you factor in how little student loan debt was forgiven vs. Military spending. As a programming instructor I always have my students look up a military IT project spending spree!!! The students give excellent papers on this, so they are at least knowing what is up, and I give them A's on that topic. Thank you!
I live in a city with great public transportation and use car service rarely.
I believe that our current Federal government and certain progressive cities want to discourage driving. There's talk of 15 minute cities to destroy our freedom. Eisenhower, A Republican, created the interstate highways to expand our ability to travel freely.
SF doesn't allow cars on Market Street - if you do, the fee is high. NYC has congestion pricing and uses Big Brother cameras to charge people. The NJ governor sued over that.
It's all our fault for not paying attention until things become oppressive or listening to scary propaganda . Let's make a better choice this time cause it may be the last choice we make.
Correct
roads were federalized, no? this was the same principle of the roman roads to access the empire with the military quickly. using them for travel is a side benefit but not the maiin one
Here in Canada the auto manufacturers are intentionally understocking dealerships so that you have to be on a wait list to get a car. Dealerships are saying they are doing this to give a false impression of a demand that is not there to keep prices inflated
Whats wild is that the real estate and land in some midwest states will go up as the west and south plummets when the climate changes.
Owned MANY cars, never made 1 car payment ever, never will.
I'm from Atlanta in Tampa now for 5 years, the overvalued housing market here blows my mind!
the cost of everything is stupid
People are paying over $1k a month...craziness!!!
I really like the stories that you tell like they are interesting and the car stuff is super good to learn!
In the midwest houses are getting smaller.People aren't having the number of kids they used to. It cost money to raise children.Wisconsin lives on the property tax and seniors like myself livng on fixed incomes are getting hammered by school property taxes.
I’m in WI, too. Property taxes are high. Then again Wisconsinites vote for more government, for wasteful programs. Our taxes pay for government waste.
5 yrs ago my town built a brand new highschool, with all the bells and whistles, for $100 million dollars, never opened because of Covid, now that it has opened, there are less kids than 5 yrs ago going to it, this june we are voting on a new Grammar school $114 million, we are a town of 27 thousand people, not 27 children! With this kind of money, these children, should be going to Ivy league colleges, or better yet, the town should give them all a couple of million$ each, but What says the Demo's, the Government will pay $40 million, ya so who pays the rest? The townie's!
When I was looking for a car in 2019 while I was in LA I went to LONGO and I think that is the largest Toyota Dealership in the US.. I want to say it was October when I started looking.. I did have a salesman tell me that the best time to buy was around the holidays.. An honest car salesman in LA go figure.. I did end up buying my car 12-26-2019 and I did not get the car that I wanted but I did get a deal.. I will say that inventory was down by that time.. I knew that they were going to get what they wanted for the car that I wanted.. It looks like we might be in a different situation now..
I went to a major airshow last summer and realized that all the technology is between 30 and 50 years old.
And, the admin wants tanks to be electric. 😅
We stopped developing after the gulf war. Russia has destroyed every NATO system thrown at them. People have no idea how much trouble we are in.
@@cynthiawylie3584 YOU MEAN TO TELL ME THAT UKRAINE IS ACTUALLY LOSING AND THE DICTATOR IS ACTUALLY HITLER 2.0 AND MAKING CHRISTIANITY ILLEGAL AND BUYING MANSIONS IN FLORIDA?! OH NO DONT TELL EVERYONE THE TRUTH YOU'RE HURTING THEIR FWEELINGS!
I disagree with you on the no air show…I think the air shows promote patriotism and support for our military and love and pride of our great nation. It shows our strength and willingness to protect the USA and others.
It also helps with military recruitment. There are plenty of other ways to save money… like getting rid of all this free stuff for illegals / like stop forgiving college loans / like stop with all the bailouts / like stop all the abused EBT and free rent / like stop with all the corrupt build back better govt scams…
But keep the air show.
The rates are a joke.
Spoiled ... Rates are average ... my first VA mortgage in NYC area was 10.5% in the 80's ... maybe you need another trophy
@@LiarLiarBrainOnFire if anyone needs a reality check, it's yourself. Stop comparing low inflationary time periods in history to our $1 trillion dollar fed print every 100 days, current times. Apples to oranges.
I saw a video where a dealer still has new 2022 models for sale. If people wait just a little bit longer they might be able to get one for 50% off. If they don't lower the prices there's going to be a lot of cars just sitting and rotting. I'm going to try and find some of these dealers and see what kind of deal i can get in a few months.
Oh yeah, it’s crazy. How much the inventory for these cars are piling up
When a car payment is what a mortgage was but it’s a depreciating asset, added to the cost of living then it means no car sales.
People are foolish to pay these ripoff prices for houses and cars. Immature behavior is defined as the inability to delay gratification. You can choose to pay ridiculous price for a house or car, but you can’t choose the consequences you may suffer.
I didn’t see the jet, but typical operating cost for a fighter jet is between $20k and $35k/hour. I do think it’s pretty cool to see them fly though.
You are so right on about those jets and the economy you talked about after that.
Some of the unsold Ram trucks are 2022 models that were built in 2021...crazy.
The oil in them have probably turned to asphalt. 😆
Good😂😂
It's completely irrelevant for the consumer that costs are going up for sellers, this is wishy washy thinking by sellers and it's going to cost them a lot of money.
It’s really like that. There is a Ford dealership on 501 in Durham, North Carolina. There is a long line of Ford trucks piling up in the parking lot along the 501 Road, you can see them passing by.
Back in summer 2008 I vacationed in Virginia Beach. I watched fighter jet planes taking off and landing from an aircraft carrier in the distance. I remember thinking that soon the US wouldn't be able to afford its huge military hardware. Maybe I was early but I believe we're getting there.
Went to check out a new car and while test driving it pulled to the right, scary, too much driver assistance technology are ruining the ride who wants to drive a car with a mind of its own
Yep I just bought a 2022 Cadillac XT5 SUV/crossover & it stopped dead on a dime on its own because it 'thought' I wouldn't brake for a car in front of me & I slammed into the steering wheel, almost had a heart attack. Needless to say, I had the 'driver assistance' mode deactivated the next day. Never again
right(?)..... and yet there's all this ecstatic hoopla about FSD (FULL SELF DRIVING) cars about to hit the market. Just imagine how many of those will run right into a wall by ITSELF and the driver won't have time to correct it.
Those jets cost about 50K plus per hour flown depending on which ones.
I was once told that to activate an aircrew costs upwards of $100k and every hour a military cargo jet runs costs $30k. A flight from dover to ramstein would cost around $650k
I am casually shopping for a Toyota Camry LE. I have been looking for one since about 2020 to replace my 2012 Camry and they were impossible to get for a few years. The problem at Toyota is that they only have expensive cars at the dealer. No base model Corollas or Camrys. Just $40 - $60 K cars and it's clear that they're having trouble selling the high-end stuff and they don't want to sell the low-end stuff. They've been sending me offers for about five months and I'm just waiting for them to get models that I'm interested on the lot. So even Toyota is starting to crack. They were selling just about everything at a premium for 2 years. I think that it's called a Market Premium. I'm not interested in that. The nice thing about owning old Toyotas is that you're not ever under a lot of pressure to replace them - you can just keep fixing them up. BTW, this is a cool collaboration. I watch that car guy too.
Order and wait.
8 months I waited.
@@dougdownunder5622 They gave me that line for about 2 years. I said screw that. The send me emails with "cars in the pipeline" and it sounds like it will arrive in a few weeks but I actually have no idea when they will arrive. I've told them over and over again that I'll just buy one from the lot. When they have the car I want in the lot, then I'll take a look at it and buy it. They know that I'm a cash buyer but I'm not going to order and wait.
Haha, I think the same thing when I see the jets flying around. Exciting to watch yes but we really need to cut back on defense spending.
Regarding the guy that overpaid recently for his house and then just let it go into foreclosure, I have zero sympathy. I’m sick of people that do this stupid crap. He knew good and well he was buying too much house, paying too much for it, and making a bad deal all around. But he felt entitled and needed that instant gratification, and it’s 100% his fault. I get sick of people that say it’s the bank's fault, it’s evil that they would finance somebody stupid but in the end, nobody had a gun to their head. So the result is the bank will lose money on the deal, and the losses will be passed along to decent people who use their head before they sign their name.
Im a hunk hauler in tampa and am seeing people have us to move out clean outs and are leaving florida due to costs. I just did one yesterday and the owner was on the phone with the realtor. She had full control over him. We went to another one in the afternoon and he said hes sold the home to open door
As long as the slaves are working multiple jobs then the system is working
Like people say with athletes, you're not a slave. You have freedom to leave.
Good thing Im homeless and a shoplifter.
I agree with you 100% about the wasteful jet fuel with the air shows
I am with you Michael. I had to learn the hard way while I was working and had a graet income. All I could do is Buy, buy and buy some more. Yet my long term employer saved for my retirement on my behalf, after retiring early in 2015 now at 68 I am feeling the pinch and selling off all the "stuff" I accumulated in my working years. Credit cards were my downfall. Yet, Better late than never. Lesson, their is no fool like an old fool. God bless.😊
Love your no BS way of painting the picture.
Lots are FULL. Game OVER!
They can easily sell cars and trucks but they refuse to lower prices because of corporate profits. I say F them. Let them choak on their over priced vehicles and I'll wait with cash in hand to buy at the bankruptcy auction.
Lot's of those new cars are being repoed from dealer lots.
@@bubbajones4522 I still have an 06 Jeep hemi 4x4... bought it new and have done all my own maintenance over the years (I don't trust dealers service depts to even touch it). Still running strong! If I were to trade it in for a new one, and retain all the options it has, I'd be looking at paying around 70k$ or more. That's insane! No thanks! I'll just keep driving my Commander as it looks and drives like new (garaged kept for 18 years).
Please explain how a car can be repo’d from the dealer lot?
@@lovethemflowers The dealer finances his/her inventory, then defaults.
to make you feel good, car prices here in Europe are almost double. Here in the Netherlands, 21% VAT and 26% luxury tax on cars are even worse.
Americans are insular mate.
@@joanneburford6364 That's why all Japanese, Korean, etc. cars are doing so well.
I can’t believe anyone would buy anything from this company that has a history of making absolutely the lowest quality product
Most average working people are going hungry and homeless !? Can’t afford anything !!
RE: Jet flyover....Pilots must train, crews must train. This serves a dual purpose. Pilot and ground crew hours and skill development and the public gets to see what they will pay for anyway.
that's correct, things they rot, but more importantly study and choose the right individual
Jet pilots need to train and gain flight hours anyways.. At least if the US wants to have a strong Air Force. Which is of course an incredibly complicated question. And worth noting is that the US SELLS JET PLANES (and armament) to foreign countries (such as my country of Finland), so it's not just about spending.
Bought our home sept 2019 during a small pocket when home values dipped and the seller had to slash 12k off our house for it to appraise correctly. Not to mention the sellers were in their 70s lived here 42 years paid like 80k so had lots room to negotiate and alrdy purchased a second house that would be their primary so they were eager to sell. Worked out for us
Property taxes will cripple the country. Something needs to be done!!!
Not only car dealerships... But in California, my auto insurance went up 150% for an 8 year old payed off car with a clean record....
The financial system has gone insane with completely unrealistic pricing and extreme avaraciousness. They can't have a financial and marketing system designed to suck as much value as possible out of the people and society while it depends on those very same people and society for its survival. At this point people's income and financial access must at least double, or the prices must at least fall to half, or the entire system crashes. Either supply a lot of money to people, cut prices a lot, or the finance-based system croaks.
Exactly spot on! They are bankrupting America, and you ar eright because this system is about to crash hard without any liquidity left in the system, then nothing can operate. This can't go on much longer than about a year or 2, and probably won't even make it that long. All hell will likely break loose shortly after the election next year.
Giving out all the free money is what caused everything we are seeing today. Handing out free money is always the wrong thing to do
No. The majorities belief in the system is what caused everything we are seeing today.
"There's a sucker born every minute." Still applies today.
Pilots have to train regularly, gotta stay ready. If they are gonna burn the fuel might as well let the public enjoy it.
Instead of warmongering, try peace making.
One never knows when one or more of those BRICS countries will wind up needing some good old US STYLE FREEDOM!!!!!!!
They will tell you it's already in the "budget"