GMC Really F…This Up…$104k WHY?
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- เผยแพร่เมื่อ 15 ก.ย. 2024
- In this video I’m gonna walk around a GMC dealership and see how expensive are these cars at dealerships actually not online what are they actually cost and wow was it interesting? Nearly all of them were over $100,000 really crazy and there’s even one truck that’s been there nearly 2 years sitting on the car lot. 
The crazy part isn't the prices, the crazy part is people are paying it.
Exactly
Actually they are not if it hasn’t sold. Prices are going up on cheap cars and down on expensive cars.
Facts, I'm not even mad at them for raising the prices. I'm disappointed in the people who paid the price.
-paying it- financing it
@@mikehenry4743 they don't even look at the purchase price or most don't. Everyone's lives month to month instead of looking at the overall and how is this going to affect me in 3 years. Most of the people are broke as shit acting like they are balling. Probably on government aid too. Gotta have that nice vehicle though.
Vehicles are overpriced. Homes are overpriced. Food is overpriced.
By design. Trump said on the campaign trail for his first term...He wanted a weaker dollar.
Keep voting democratic kids
@Hg999k Trump runs as a Republican...which are responsible for the biggest deficit spending/debt...which dillutes the dollar. Republicans and Democrats suck equally
If you vote for dems you get this. If you don't know this by now please don't vote.
The Democrats say everything is fine
40,000 for that truck is fine.Thats how much it's really worth.
But they won't make economy cars or a decent work truck at affordable prices that people will buy. They are shooting themselves in the foot
You sound dumb
Nah not even worth 40 k . They depreciate to fast and parts have gotten astronomical high and long wait times for basic parts. Old school you could repair and swap parts, not this new garbage
@@claytondean8191 you mean, you can't.
Yeah that was what they were going for in 2016 f 150 and Chevy 1500s fully loaded new were in the 48-50k range
30-40 % overpriced
Let them go bankrupt
Dealer greed! Plain and simple! Manufacturer greed, plain and simple! Let those vehicles sit and
rot.
I agree. Let the mice and rats have them.
🤑😫💩💩💩💩💩💩💩💩💩💩💩❤🩹
Dealers don't make the price and really don't have as much markup as you would think
@@jamesholden6142Really? So the poor dealers are unwitting helpless victims? No one is buying that line...and their overpriced trucks.
Was only a little over a decade ago that they were bailed out by the taxpayers. They should have been let to fail at that time.
Ford not bailed out. That is why their stock price is so low.
And they would still get bailed out next time around. Much more money printed and spread out and everyone else to pay for it in resulting hyper inflation. At the same time even more quality issues. All because people just love these driveway princesses 😅
Ok then what about the airline and bank bailouts? Do you think they should have been allowed to crash?
@brucesheehe6305 True - Bought a new 2004 FX-4 SCREW in Dec. 2003. Still sitting in the driveway with over 365K on the original 5.4 engine. Made it thru all the issues with it and the transmission, but has been reliable. Looked at buying a new one about 5 years ago, price going way up vs reliability going way down. I moved on tk Toyota, sad to say. Extended family owned a ford lot for 40+ years, sold it due to Fords current issues.
@@shootpse88 - Letting incompetence manage never works, despite their bloodline, Dadd, etc. The housing market bubble could be seen coming by me - late 20's at the time. The bank bailout was primarily due to bad loans - had extended family get approved for a 180K loan back then working part time at a grocery store for minimum wage. Don't get me wrong, many other things wrong with wages not keeping up over time, commonization of compensation, etc. but still not a wise decision when the bank is laning my and your money.
$104K for a 2023??? That truck won't ever sell - the dealer should pay someone to steal it off the lot! Hahahaha!
Once Dodge ends its contract with the car theft ring GMC will soon get rid of their overpriced trucks.
Why are people throwing their wealth away.
$120,000 after financing. WOW! What is insurance?
@@GIUL7301 My thoughts exactly.
But there are people who are buying them. Why else would they ask that much. They rely on greed and copycat approach to sales. That others will also hike up prices so that buyers are forced to new level of costs. Lot pf buyers think like teenagers, they see some decals, fancy wheels and are willing to pay more for these GM junkboxes.
If you want one like that, like I did, I bought one with 2200 miles all black ALC package 6" lift the whole ball of wax, beautiful truck last month, 63,000 thousand.
Wanna hear something really crazy? I purchased my home for $32,000. In my wildest dreams I couldn’t imagine paying $100,000 for a depreciating vehicle!
You’re older than dirt. You are blind to the money printing that has devalued your dollars.
Your retirement account you worked so hard for won’t be enough to sustain you.
This post makes you old!
@@rgarri6396 Possibly not. Because if you lived in certain parts of the country that had economic troubles you could buy houses for next to nothing.
And wise
Is an RV really a home?
The market isn't crashing, that truck is DOUBLE the price it should be.
Why would you spend 100k on a truck that won't last maybe 5 years before you have to replace it again because new trucks don't last
Wrong
@@allanthomas6097 Glad you got deep pockets. 99% of the people don't.
@@allanthomas6097 correct
@ShimmySha just because you can't afford a new truck, don't mean they won't last, lol 😆
@@allanthomas6097 🤡
People... just let sit on their lots. The floorplan interest will start eating them alive. They will stop buying cars from the manufacturer. When the manufacturer lots start filling up and they can't build cars because they have no one that wants them, then prices will come down and big incentives will be back. Pure arrogance and greed on the part of the manufacturer and "stealership".
Cars? Gm hardly builds cars anymore. They’re trying to push trucks and SUV’s on everyone because of the higher prices. I don’t want a pickup or an suv. Too much money for them and they are terrible on gas. My 2020 Honda Si manages 35-37 mixed driving and 42-50 highway. It’s been paid off for a little over 2 years. A lot of the vehicles made are having a lot of qc problems. No way I’m paying these bs greedy prices.
Or could it do to all the demands that big auto maker strike caused?
Even if they took 25 grand off the price it still wouldn't be worth it.
Youll own nothing and be happy
Someone who gets it 😢
The herd always aimlessly follows the lead to their own demise.
Nope
Those lifted trucks look silly with big shiny rims. To each their own but no thanks…and at that price 🤯
cannot tow or haul anything with a lifted truck lifting a truck ruins the ballast on the vehicle A HMMWV is "lifted" by tucking everything up into the frame rails as to keep the overall height of the vehicle low to the ground.
They’ll find some sucker to sign a 0 down 20 year loan that will end up totaling over 200k when finished.
Ridiculous. In 2016, luxury German cars were in the 60 k range. No way domestics should be so dang high
Luxury German vehicle... LMAO 😅. They are garbage
@@MW-bz1qeif you buy the cheaper BMW 325, or 525...you can get a V8 X5, is quality...those cheaper German cars aren't good. I mean how reliable are American vehicles??? Most new American vehicles have catastrophic issues
@@R3AP3R718That’s not true. American vehicles are far superior to Eurotrash.
@@MW-bz1qethat comes from an American?! Yeah, your cars are so much better. 😂
Full size trucks are number one sellers. We're have you been?
I can't justify buying a truck that's lifted with after market rims.
Why a Truck Lift? Is there alot of Small People out there ???.?
The prices are insane. 100k for a truck that's BMW 7 series price range, not a truck. Boat and RV prices are insane too.
The real question is how long can the dealers afford to wait? It's a 2023 model and we are approaching 2025. In less than a year, the 2026 models will be out.
The 2025 models roll out around August. So that truck is 2 years old.
@@mr.Lumpy3803i wonder how well it holds up sitting unused for 2 years while exposed to the elements.
all these companies charging 80-100k+ per vehicle deserve to go out of business.
High prices and low quality equals no sales
They don't last, and when warranty runs out you can't work on em...go back to the dealer to get fucked some more. No thanks, I'm done. Old squarebody with a carb and hei distributer works just fine
Who would actually pay that? 100k for a vehicle.
Only A vegetable
Can you imagine paying $90000+ for a brand new GMC Denali, waiting a year to get it, then having the engine fail after only 8000 miles? Common problem with new GM engines. Then waiting 2 months to get it back, then having that same vehicle leaving you stranded twice because of a battery charging issue? At the same time the dealership has no loaner to give you. That was the owner of the company where I work experience with a 2023 GMC.
See it almost weekly working at the dealer. Not my problem, my 17 yr old Honda runs just fine.
those wheels are hideous
All black wheels are hideous
I love those wheels
Automotive people are delusional. It ain’t gonna happen. People may overpay for housing cause they need it, but not for transportation. Fix the prices or go out of business.
To each his own. I'm 69, never spent more than 5k for a vehicle. Fix my own stuff. Money invested in better ways. Thanks for the video.
GMC=General Motors Crap
Gotta mechanic coming??
Also how can people in OK even afford those vehicles when about 70% of the states population earns around 60k a year.
Just be able to make the payment 🎉. Nobody said u need money in the bank !
Because some people care more about the cars they drive then the home & neighborhood they live in
Only people that are able to afford these are construction/contractor company owners, or ranchers.
I live in Oklahoma not by choice! Oklahoman mentality is live in a trailer and drive really nice trucks! No shit spend some time there you will run away
Anyone remember the times when 100k meant you’d be buying a lambo?
Or a nice size ranch house with 1 acre.
S600 V12 Mercedes that would last 20 years lol
A 6 figure GM car that's not an Escalade or Corvette, is ludicrous. Anyone buying this tomorrow, will suddenly have a vehicle worth half that amount at best haaaaaa?!?!? Pathetic!
Then where can I buy the half priced one?????🤷😊
These prices are going to drive insurance up.
Like they already haven't lol.
Yupp I was told my last increase was due to newer vehicles having more advanced safety systems which are more expensive to repair. I told state farm ok but my car is 2016 basic equipped you won't be replacing those features on my car cuz I don't have them nor need blind spot or lane assit lmao but apparently I'm paying for y'all's
The really wicked part is that 2023 has been sitting on the lot since the end of 22 because the 23 models launch mid year
The last thing I would ever own is a ‘Harley Davidson’ anything…edition, product..nothing.
That company is an embarrassment at this point
I think the car industry should stop thinking that people stop buying cars because of a lack of money. Consumers are getting tired of being scammed and are getting smarter about how to spend their money.
@@2SHARP4UIQ150 I definitely agree consumers are smarter than ever
But majority of consumers that purchased cars in America from dealerships are payment buyers majority not all and
the average person in America has $8700 in credit card debt based off of data from 2024 federal reserve report
People are struggling
@@WheelsandWallets Your point is absolutely valid. However, individuals like myself, who have the means to purchase a car that costs over $100,000, must make prudent financial decisions. It's silly that many owners of these expensive cars cannot afford them, yet dealerships still sell these vehicles to them. This creates a situation where car manufacturers develop false expectations about people to keep buying more expensive cars while their income remains largely unchanged, which ultimately harms the financial stability of the industry. As you said, most people who buy cars in the USA are payment buyers that can not afford to pay for this type of car.
That's funny, there is 2 2023 Harley Davidson editions by my house just sitting there for 2 years.
OMG - were going to save the planet with $100,000 plus EV's....
Clown World....
Just like Obama with the light bulb BS. Light bulbs used to be 1.49 a pack and now like 7 dollars
@@joelowens5211 At least while in his presidency he had the best economy out of any right wing politician in the history of America 🇺🇸 Google it dude. Harris/ Tim for “Madam President 🙇🏽♀️
@@joelowens5211 and they pretty much last forever.
BTW: Obama's light bulb ruling has been over turned years ago..
@@joelowens5211 The $7 bulbs cost less than the $1.50 bulbs after a few years of of use, and they last about 5 to 10 times longer to boot. I'm not a fan of mandates, but I can also understand when people only read corporate-sponsored headlines and refuse to break out the calculators to check for themselves.
I’m still trying to wrap my head around someone walking into a dealership and spending 100k on a damn truck.
For that price, it should come with a driver!
Who the hell is the target market for these things? People who can afford to buy it don't want to be seen in a trashy lifted truck, and those who do, can't afford it.
100 grand for a half ton pickup is a joke
What I would give to get my 1995 Chevy S-10 back again with the 4.3 L V6 half ton 5 speed manual that I paid $15,500 for it brand new off the lot. It was a small truck, but for what it was it was it was a beast. I drove that thing to 85,000 miles completely trouble free when I sold it as that's back when Chevy was a decent car manufacturer, but today I stick with Toyota.
GMC salesman: "We can't sell all these $90,000 trucks. What should we do?"
Dealership manager: Let's slap another $14,000 worth of aftermarket tough guy junk onto them. That should help sales."
😂😂
There’s no reason why a 1/2 ton truck should cost that much, even with those discounts they’re still way over priced
Dealer messed up those trucks with tacky aftermarket lifts and wheels. Haha!
At the end of the day if the customer doesn’t have the money 💴 no sale simple math
Lot rot is the only sensible result
Wow, must have deep pockets floating their floor plan 🤔
“Float” is the operative word there! To float the floor plan basically means the unit they sell today will pay off the floor plan for the unit they sold yesterday. Or more than likely it’ll pay for a unit sold last week!That’s probably happening with every single dealer in every single industry that utilizes the dealership/floorplan “pay as sold” model in this economy.
are you serious? some dealer conglomerates rake in a $250,000,000 (that's a quarter of a BILLION dollars) annually.....JUST IN DOC FEES!!!!!!!!!!!!!! they pay about $75K for a $100K vehicle.
Tax payers bailed out GMC and albeit they paid it back this is what they go and do. I hope their overpriced lot rot lifter failing garbage continues to rot on the lots. Our next vehicle will continue to be Honda. Vehicles are the worst financial investment you could ever make and the goal is not to spend 6 figures on a vehicle with known recall issues. I don’t know what reality GM is living but people are realizing they’re not worth it.
all brands need to cut the price in half and stay there.
If the price is not $150K I am not buying is too cheap for me 😂
For me it’s $175K for a Ford Escape.
A lot of people are buying those nice, new very expensive trucks and cars, but there is a great deal More repossessions going on in this country now because the people realize they can’t actually afford it in monthly payments.
That’s the reason I’m driving a 16 year old car who needs a mortgage on a truck when you can barely afford a home mortgage 😳😳.
You be amazed how many loaded folks are out there.
Yep some people seem to have a lot of money.. drive by the stealerships and u see sold signs on the windows... makes u wonder.
Doctor and lawyer money. The funny thing is they're probably not going to want to pay over 100k for a run of the mill GM product. Maybe a Vett but that's it.
Even if you had a business grossing a million a year this still doesn't make sense a 10th of your gross on a vehicle????
What's really funny is that Doctors have income , but most have no money 😂😂😂😂. What an ego trip.
Let em rot!
I thought 40K was a lot for a truck. Now 90K 😂
Two of my truck were bought New by my father, one in 1974 Dodge Power Wagon Club Cab, $4895.95. And a 1979 Ford F250 4x4 Super Cab $7889.00. I bought them from him when he was going to Trade in. Still running daily.
These won't be 😂
That is freaking cool.
Beautiful truck. I’d offer $60k
50k lift kit is not35k
@@marcaliventialiventi765What?
I did 2023 RST 6.2 ALC package @ 35,000 grand, all black with 2200 miles 63,000 thousand, I don't regret it one bit.
I'm in the parts industry and I had a customer who needed a water pump for a 2021! A three yr old vehicle needing a water pump--shame on you GM!
I have say though where I live trucks are one of the most popular vehicles, and the roads are full of top of the line new trucks. Many people will gladly go into debt to get their shiny new toys.
Most people do not gross that much money in a year and to spend it on a vehicle not going to happen
If they aren’t coming off those prices at $25,000 I’m gonna drive off the lot!
Friends say it’s back to normal? As in, fucked up? Got it
Those vehicles can stay there and the dealerships can kick rocks. Price gouging at its best. 30,000 over msrp. Nope
Bailed out during Covid. They should be giving them away. It find out odd that we pay double for automobiles, USPS, airfare and many other things after all of those received taxpayer bailouts. GM CEO total compensation for 2023 was $27.8 million. Greed is killing our country.
6 digits for all that rolling plastic with a GMC Badge....😂
Things are not over priced it’s the dollar is collapsing in value, bad economic policies over the last 30 years.
When I see vehicles priced over $100K, it makes me wonder if we’ve all lost our minds. A $100K for a vehicle? Are these things driving themselves to work and making breakfast while they’re at it? The only logical explanation must be that manufacturers are testing just how much they can gouge consumers before we collectively snap. The idea that someone could justify spending that kind of money on a car that’s going to depreciate the moment it leaves the lot is absolutely ridiculous. Meanwhile, I’ll continue driving my 2005 Suburban, and I’ll happily keep doing so until the day it literally falls apart. At least I know I got my money’s worth.
"I can't believe we're looking at the largest, most luxurious, highest optioned vehicles they make, and they actually cost a lot. as soon as I stepped on the lot, a salesman came out and stuck a gun in my face and said I have to buy one."
The value of the truck has not gone up, the value of the dollar has gone down. When the fed cuts rates Things will get interesting, invest wisely.
I personally know someone who owns dealerships. This person started out with one and expanded. I believe they currently own six. They were living very extravagantly when they owned one, now it’s like they’re Hollywood elites. Their kids are adults now and basically do whatever they want. Point is they capitalized on people’s love for automobiles and realized they could gouge. Same thing is happening with food now. STOP CONSUMING THEIR PRODUCTS! They will have no choice but to change.
Dealers by me are LOADED with almost $100,000 Broncos, thats insane. There’s also a GMC dealer with a few $150,000 + Hummer EV’s, who tf is buying / financing that, its nuts
I thought that was a Ford, I guess GMC copied their design😂
These days they all look pretty much the same to me.
This is what happens when the UAW gets out of control.
Very true! Unions go on strike until they get paid what they all want. Total BS
Those sweet GMC trucks sitting on the lots are the Superbirds of this decade.
Screw 'em.
We had this problem in Australia. Local manufacturers high wages and unions increased product prices. Now all our vehicles are imported. At an affordable price I must add.
As long as consumers continue to pay those prices, they will continue to price them that high. Just because they are sitting on that lot, dosent mean they aren't moving on another lot.
I'd only pay 50 grand for the truck with a 35 grand package. Prices are OUTRAGEOUS!!!
100k for a GMC? They will continue to price themselves out of the market. Let's keep on NOT BUYING those overpriced trucks.
$200 Nitrogen in the tires, $1,000 keys. Heated seats. $10,000 paint jobs. They lost their marbles some where. Don't pay more than 30 k for any thing.
THOSE PRICES ARE INSANE!!! I CANNOT IMAGINE A 2000 MONTHLY CAR PAYMENT.
100k for any GM truck is a fucking joke
The real crime is those wheels
I have only bought one new truck in 2003. Never again will I buy new truck or car. I only buy slightly used vehicles and save 10 of thousand dollars that way. This is what happens when non skilled workers get paid way too much than they are worth. I'm a skilled tradesman and these auto workers get paid as much as I do. That is why we have to pay so much for a new truck, EV or a car. Get used to it people.
Dont forget the transmission and torque converter
Car manufacturers will never learn and neither will dealerships.
The last new car I bought a 2002 Yukon XL. I paid 42k for it and even then it was outrageous but the wife wanted it. 12 years later prices have doubled. Buying a new car is flushing money down the toilet.
BOUGHT MINE IN 2018 FOR 38,000 AND HAS ALL THE OPTIONS. .WILL NEVER NEED ANOTHER ONE
Add on high union costs, high advertising costs, and dealer markups, yikes. And for a domestic vehicle. Nuts!
Here’s a thought stop buying gas guzzling pickup trucks as a passenger vehicle… they are meant for work…
Also remember these vehicles require 8 qts, of synthetic 0-20 and even the cheapest of oil changes cost over $100.
Oh well. We’ll all go bankrupt together.
When we are hunkered down around a smudgy fire trying to stay warm we can dream about big expensive trucks.
Lol, "you are going to pay 80k you are going to pay 90k". No sir, I never need a vehicle that expensive.
Car lots are eating crow with those types of vehicles.
This is what happens when you give auto workers a 25% raise. No different than raising minimum wage to $15 an hour. That pay increase goes into the cost. Ultimately laying off people and companies close. The consumer as a whole did not get 25% increase.
This isn’t a GM issue, it’s a dealer issue. They ordered the trucks through an upfitter, who is the one that did the lift, tires and adons. And the word got out that with the lift, those trucks are only getting 15mph on the highway and low double digits in town, no one’s going to pay a premium to get less mileage.
Even if I had the money, I wouldn’t spend that much an any of those vehicles.
Amen , you need to be wise with your money in today's times. I rather drive a beat up tacoma but have invenstmens , Land and money on pocket
New trucks being so high, brings up the value of my ‘73 C10.
Ford and gmc making trucks that Americans cannot afford 😢😢😢
Only reason why everything is priced so high is because people keep buying it. Stop paying for these outrageous prices.
There's always going to be some "truck bro" willing to pay these prices so that they can brag about how "badass" their truck is.
After they were bailed out by my tax dollars, I hate GMC. No way I’d pay a penny for a GMC.