Honestly though, the car market did it to themselves being greedy during the pandemic and now they are reaping what they sowed. I hope they all bite the dust or have to lower prices dramatically in order to sell anything.
Margings for the manufacturers are dissapearing. They just can not sell at lower prices, Part of the UAW agreement causes that. In addition ICE car sales have droped for 80 million a few ywars back to last year 56M ICE, and 14 million ev. .All legacy manufacturers now have 30% exyra capacity Ev sales prices continue to drop, technology advances rapidly, making the even better. 2024 model battery packs las 500,000 miles,3X what an ICE is designed to last. 2025 will see the start of 1,000,000 miles battery duration with lifetime warrantees.
We saved cash from January 2022 till july 2023 to purchase a new suv. Nope, our $40,000 turned into an emergency fund for now. Our current vehicles are paid for. Its nice.
@soun6589 we bought our gold in 2009. All under $1000 Silver in 2014 -2016. A lot of it. We're set on metals. Appreciate the thought. I just can't throw away good money on a piece of s*** modern vehicle. I'm old, and I hate all the new stuff on them.
I went to the three largest cardealership looking for a car but no luck prices`re too high and they told me no lowering price; but the car lots were full to the brim.
I am 63 and when I was young there where only a few different cars so I was able to determine which brand only on their sound! There are too many cars today and people are just fed up!
V* can not meet emission standars. In fact no legacy manufacturer have meed them for many years. They all prefered to pay Tesla, Rivian, et enveronmental credist so the flees reaches the maxinumalowed, bin numbers,but in the real world they are exeeding the polutats delivered by their cars. Smaller engines polute less, Turbo engines even lowwer
I'll never ever get any EV or Mercedes, audi VW, just give me an older Tundra or Tacoma, maybe even a Lexus. The only new cars that I would consider is a non turbo Honda or Mazda
I will not buy any new car with cylinder deactivation, direct injection, or a CVT transmission. If the manufacturers would stop all these cheap technologies that cause problems, their cars would sell much better.
Pentastar for the win! I think that's the only one with just port injection available now. Like dodge/jeep. No CVT transmission, no direct injection, no cylinder deactivation. Just a 10 year old v6.
Lol ill put money on older tech like a rock solid port inj v8 aaaaaanyday over modern di systems. If you understand intake vlave issues you'd agree which is why most di systems also use a port inj secondary system to attempt correcting the problem.
If some rich people were smart, they could take advantage of this car manufacturer price trend and use it against them. Develop a car company that brings back a 1960s simple car yet with modern safety. Crank down windows, manual seats and door locks, no A/C, steel wheels, an engine that doesn't take special equipment to work on, etc... The masses would buy it.
Takes toomany billions to create a car company, but soon there will be available ICE manufacturing plants sold by the value of the land, and a lot of skilled labors close to them.
The safety regulations wouldn't allow it. There are hundreds of cheap, affordable cars these same companies make for other markets that never come here because it would cost billions to make them pass U.S. safety standards. We can't even get side view rearview cameras or laser headlights because of the NHTSA's ridiculous hurdles. This whole industry has become a scam. Jack up the prices, give out 80 month loans to make it seem like payments, not car prices, are the same from a decade ago.
If there is no physical key, im not interested. If there is no cable between the gas petal and the motor, yeah....no. not for me. If it has 4 doors, i dont even want to look. If it has carpet and prettys. ..no no no no no. I dont even want a radio. I dont want an automatic. Im just making my own trucks in my barn now.
Many customers who were charged A.D.M. are gone for good. Now the ones with bad engines will be gone for good. May as well buy a cheap BYD and throw it away in 3 years.
The car market is paying for its fleecing and those usury prices charged to customers. Messed around and found out...like McDonald's...we can make better burgers and fries at home.😮😮
The thing with Nissan is they are willing to drop the price, if you just wait a couple months after the new model drops, you’ll be able to get one on a big discount. I see last years model on the lots near my house for under 50k, that’s for their top trim pro 4x. Just have to be patient 👍
Oh and ford's fusion? 4 door sedan? Some guys wrte swapping coyote v8s into them. Had ford done that theyd have a high mpg car with 400hp and a giggle to drive. Instead they canceled all production.
BMW made a bad move with the kidney grill its a disaster saw one the other day and the thought "wow that's a really ugly car" Mai reason is if you are looking at $80,000 for a family, great for the car makers but the chickens are coming home to roost. Also you walk into a dealer and ask for the base model and they are not there but the top of the range loaded with extras is.
Carmanufacturers have been rising their carprices until it is unthinkible for a privat buyer to buy a car that will depriciate half the price in 3 years. Trying to lease them is their last hope and i hope that also companys will decrease their carpurchase which in the long run will lead to a pricefall.
It has been colapsing for a long time ago. Only a few years back sales of new vehicles were about 80 million per year. Now new sales amount to only 70 million. Of that nimber 56 million are ICE car while ev world wide sales are 14 miilion ev and their sales are growing. So legavy manufactureshave 30% excess capacity, or plants are running at 70%, and no plant can be profutable at that small production rate. Plant closing of ICE cars are a must, and so will massive layoffs. Legacy manufacturers increased prices tofoll investors. Now cars ( ICE) are too expensive to sell
Cheap and ugly junk for sale nowadays. How much more hideous can some of these cars get? It’s no wonder they don’t sell, then add lack of reliability and recalls on top.
And they are. Car prices are way too high - manufacturers want to make loaded cars and nobody makes basic transportation anymore. The economy is fine and manufacturers are trying to milk it too hard by adding more options to vehicles
Better do some research before looking foolish with some MAGA talking points. The US economy is surging and there is plenty of money around. However, car manufacturers have out-stripped the ability of good wage earners to buy their products. Making overly complicated autos with crappy quality has nothing to do with the economy or politics - it's just stupid and greedy manufacturers.
Elephant in the room, it doesnt help every dealership in Canada is staffed with Harpreet or Rapinder or Singh and sorry....but you simply cannot trust them. Seriously go into any dealershuip and tell me you wanna buy a car off ANY of the staff.
Say , how much are you asking for the nissan pathfinder look like a 2008 -2012 , that's early in your video next to the Green dumpster, that's when they made good cars dependable vehicles.
Omg. Cars still way overpriced. The manufacturers got greedy when govt was giving consumers free cash. Poor Mgmt.= poor quality. Electrification is an excuse. “Fun” please how about economical, reliable and affordable…. Hello Mitsubishi mirage huge seller. why? because cheap!!!!!!!!!
You are wrong ! People are not looking for more electrification they are looking for the good old truck that is trouble free for the most part ! Get rid of the electronic transmission the electric steering assist the ugly garbage collecting consoles that take room away from the front seat and the massive screens that will be a bank breaker when they go to hell !
American made cars look nice on the outside but basic on the inside. European cars are nice but they can’t hold any value since they’ve gone cheap on their expensive plastic parts. Asian cars seem to be better in quality but since Toyota was caught lying about their testing results speaks volumes. BYD might be decent but we’ll never know with what’s on the horizon with China’s regime.
Cars are super expensive right now. In 1997, I bought a Ford Expedition, which was brand new to the market for 40k. Same vehicle now they want over 80k. I got 0% interest back then right now. Rates are close to 10%. Who the heck can afford that?
As the New #CEO of #Chrysler, #Dodge, #Jeep and #Ram, I will guarantee every buyer and owner that within 12 months [ for the 2026 model year ] every Chrysler, Dodge, Jeep and Ram Vehicle will be of the highest quality, better than every other vehicle sold, the reliability will be exceptional, better than every other vehicle sold, factory service and warranty will the best in the business, and every 2026 #Chrysler, #Dodge, #Jeep and #Ram will be sold at a price that every middle-class working American can afford. I Guarantee It. #BradHartliep, #CEO
@@glenrymer877 Hell , they didn't even fix the Hemi engine problem in this last gen , for the whole generation . I have ZERO faith that they can build any reliable vehicles now . Even at even more insane pricing .
Cars have been extremely expensive the last years
Yes especially the last 3 years
Sold the money pit Cadillac, and bought a Mitsubishi Mirage 5 speed. Love it.
That’s a great move
Honestly though, the car market did it to themselves being greedy during the pandemic and now they are reaping what they sowed. I hope they all bite the dust or have to lower prices dramatically in order to sell anything.
Exactly
Yeah F em all. Shame about the workers but F the directors and managers who screwed the people over.
Margings for the manufacturers are dissapearing. They just can not sell at lower prices, Part of the UAW agreement causes that. In addition ICE car sales have droped for 80 million a few ywars back to last year 56M ICE, and 14 million ev. .All legacy manufacturers now have 30% exyra capacity Ev sales prices continue to drop, technology advances rapidly, making the even better. 2024 model battery packs las 500,000 miles,3X what an ICE is designed to last. 2025 will see the start of 1,000,000 miles battery duration with lifetime warrantees.
Yes! No bailouts
No one seems to be talking much about Mazda. At this point in time that's a good thing.
Yes Mazda is a great brand with reasonable prices. Not cheap....but reasonable.
Subaru I no is not a big car company but they seem to be doing alright as well.
@@dog_guy-c8xMy wife got a forester wilderness edition last year for 38k out the door, been an awesome car so far.
Mazda sales are down before covid and now a bit up
Like all Japan brands it will not last long, and I still have a 1984 RX 7. Reality is not what one wishes.
We saved cash from January 2022 till july 2023 to purchase a new suv.
Nope, our $40,000 turned into an emergency fund for now.
Our current vehicles are paid for. Its nice.
Thats the way to do it. Buy gold to make sure it doesnt get inflated away.
@soun6589 we bought our gold in 2009. All under $1000
Silver in 2014 -2016.
A lot of it.
We're set on metals.
Appreciate the thought.
I just can't throw away good money on a piece of s*** modern vehicle.
I'm old, and I hate all the new stuff on them.
@@OLDGUY7301 that's awesome to hear, and agreed new cars are garbage and boring.
Boss moves stacking that kind of cash. Make sure that cash is chillin in a 4%-5% interest savings account. Screw these dealerships.
I went to the three largest cardealership looking for a car but no luck prices`re
too high and they told me no lowering price; but the car lots were full to the brim.
I am 63 and when I was young there where only a few different cars so I was able to determine which brand only on their sound!
There are too many cars today and people are just fed up!
I cant believe one-just one manufacturer hasnt said 'screw it' andnproduced a normal low tech vehicle wirh a tried and true v8. Not one.
Emission standards prevent that I think.
V* can not meet emission standars. In fact no legacy manufacturer have meed them for many years. They all prefered to pay Tesla, Rivian, et enveronmental credist so the flees reaches the maxinumalowed, bin numbers,but in the real world they are exeeding the polutats delivered by their cars. Smaller engines polute less, Turbo engines even lowwer
That's why Dodge said they're stopping the V8, they said they're tired of buying credits, so they rather just kill the v8 instead
just get rid of all stealerships
And ramp up the build quality.
ICE car last due to regular maintenance. Dealers live with that.
Exactly my thoughts 💯 %
I'll never ever get any EV or Mercedes, audi VW, just give me an older Tundra or Tacoma, maybe even a Lexus. The only new cars that I would consider is a non turbo Honda or Mazda
@@EnriqueAThieleSolivan go to your own mechanics, cost a lot less
I will not buy any new car with cylinder deactivation, direct injection, or a CVT transmission. If the manufacturers would stop all these cheap technologies that cause problems, their cars would sell much better.
I guess you won't be buying any car from now on. Keep working on your old car. Plan on walking and bus riding in the future.
@@wt9653an electric is an option, eventually. I won’t be buying technology laden gas cars.
Are you implying Lada's are still available?
Pentastar for the win!
I think that's the only one with just port injection available now.
Like dodge/jeep.
No CVT transmission, no direct injection, no cylinder deactivation.
Just a 10 year old v6.
Lol ill put money on older tech like a rock solid port inj v8 aaaaaanyday over modern di systems. If you understand intake vlave issues you'd agree which is why most di systems also use a port inj secondary system to attempt correcting the problem.
If some rich people were smart, they could take advantage of this car manufacturer price trend and use it against them. Develop a car company that brings back a 1960s simple car yet with modern safety. Crank down windows, manual seats and door locks, no A/C, steel wheels, an engine that doesn't take special equipment to work on, etc... The masses would buy it.
Takes toomany billions to create a car company, but soon there will be available ICE manufacturing plants sold by the value of the land, and a lot of skilled labors close to them.
@@EnriqueAThieleSolivan This is why I said "rich people". Also, ICE vehicles are not going away anytime soon.
They rather sell luxury pick up trucks with 20k mark ups
The safety regulations wouldn't allow it. There are hundreds of cheap, affordable cars these same companies make for other markets that never come here because it would cost billions to make them pass U.S. safety standards. We can't even get side view rearview cameras or laser headlights because of the NHTSA's ridiculous hurdles.
This whole industry has become a scam. Jack up the prices, give out 80 month loans to make it seem like payments, not car prices, are the same from a decade ago.
@@cynicaltimber3455 There is no safety regulation that requires A/C, power windows, seats, door locks etc...
The "fun factor" has basically been outlawed.
If you want a fun car, get and old car preferably from the 90's.
Cheers
If there is no physical key, im not interested. If there is no cable between the gas petal and the motor, yeah....no. not for me. If it has 4 doors, i dont even want to look. If it has carpet and prettys. ..no no no no no. I dont even want a radio. I dont want an automatic. Im just making my own trucks in my barn now.
Sounds like you want a motorcycle!
Manufacturer and Dealer greed____
Great informative video Mark. Your truck looks great
Thanks 👍 have a great one Vincent. Yes it’s an old but a goodie, lol. Cheers
Automotive industry is struggling, but I don’t see that in their prices here in Europe. Both on the new or used market. Everything still expensive AF.
Infeed
I can't imagine how people could buy an EV in Canada with the cold winters
Indeed know, right? It’s best to keep in garages
I love the fact that Toyota still offers a manual transmission, but I don't want the new ones because they got rid of the non turbo engines
You are right. How about base Honda Civic with NA and stick?
Nothing wrong with the zero thrills Mirage. At least it will get you from A to B with no hassle.
Many customers who were charged A.D.M. are gone for good. Now the ones with bad engines will be gone for good. May as well buy a cheap BYD and throw it away in 3 years.
The car market is paying for its fleecing and those usury prices charged to customers. Messed around and found out...like McDonald's...we can make better burgers and fries at home.😮😮
Indeed
I just love my Q5 V6 Tdi from 2012 and a Z3 1.9 cabrio 🍻
Great
The new Nissan Frontier Pro4x went up like 10K
2024 quote i had was 41K OTD
2025 MSRP was 52K OTD was 56K
Great truck! Not worth that money.
The thing with Nissan is they are willing to drop the price, if you just wait a couple months after the new model drops, you’ll be able to get one on a big discount. I see last years model on the lots near my house for under 50k, that’s for their top trim pro 4x. Just have to be patient 👍
I am with J before me and you can add the plug in hybrid vehicles that are junk also.
Thanks
It will take 20-40% reductions, depending on the vehicle in price, to correct this....Like it or not, this is what has to happen...
Yes major price slashes are required
10:45 Hondas doing great because they make reliable vehicles still, and they look good, and they’re not astronomically expensive.
I would agree. Good cars overall
Thanks for the channel! How much % discount from MSRP should one expect for new 2024 3-row SUVs at this time?
Oh and ford's fusion? 4 door sedan? Some guys wrte swapping coyote v8s into them. Had ford done that theyd have a high mpg car with 400hp and a giggle to drive. Instead they canceled all production.
Right on.
Cheers
I have been eyeing the Outlander as of late. SE trim has all I'm looking for, and well below 30 grand.
4:50. Buy the mid 2000s F150. It’ll outlast two new trucks.
Nice
Hyundai and Kia EV's not down. Why? Hyundai & Kia ICE's not down. Why? Other car manufacturers take note. But, don't. Why?
I would definitely not want to be a auto salesman now
Agreed
BMW made a bad move with the kidney grill its a disaster saw one the other day and the thought "wow that's a really ugly car" Mai reason is if you are looking at $80,000 for a family, great for the car makers but the chickens are coming home to roost. Also you walk into a dealer and ask for the base model and they are not there but the top of the range loaded with extras is.
America!
Well…..
Carmanufacturers have been rising their carprices until it is unthinkible for a privat buyer to buy a car that will depriciate half the price in 3 years. Trying to lease them is their last hope and i hope that also companys will decrease their carpurchase which in the long run will lead to a pricefall.
Indeed
Nissan, I'm sorry, but that CVT junk transmission is a deal breaker !!
It has been colapsing for a long time ago. Only a few years back sales of new vehicles were about 80 million per year. Now new sales amount to only 70 million. Of that nimber 56 million are ICE car while ev world wide sales are 14 miilion ev and their sales are growing. So legavy manufactureshave 30% excess capacity, or plants are running at 70%, and no plant can be profutable at that small production rate. Plant closing of ICE cars are a must, and so will massive layoffs.
Legacy manufacturers increased prices tofoll investors. Now cars ( ICE) are too expensive to sell
Cheers
Fleets do not want to pay tripple for a vehicle than what they paid for them in 2019.
Cheap and ugly junk for sale nowadays. How much more hideous can some of these cars get? It’s no wonder they don’t sell, then add lack of reliability and recalls on top.
Yes all SUVs look the same
Wait a minute Kamala says jobs are good economy is doing well someone is lying here
And they are. Car prices are way too high - manufacturers want to make loaded cars and nobody makes basic transportation anymore. The economy is fine and manufacturers are trying to milk it too hard by adding more options to vehicles
And it’s not Kamala who says that, lol. But okay
Better do some research before looking foolish with some MAGA talking points. The US economy is surging and there is plenty of money around. However, car manufacturers have out-stripped the ability of good wage earners to buy their products. Making overly complicated autos with crappy quality has nothing to do with the economy or politics - it's just stupid and greedy manufacturers.
You are correct everything is surging property taxes food electric ,housing ,insurance mva registration, gas , etc etc you name it it’s surging.
@@garyjarvis2730 Orange man silences you communists real fast come November. Buckle up sweety.
Ursäkta mig. Men har Ford satt in en 2,5 liter motor i en pickup?????
Elephant in the room, it doesnt help every dealership in Canada is staffed with Harpreet or Rapinder or Singh and sorry....but you simply cannot trust them.
Seriously go into any dealershuip and tell me you wanna buy a car off ANY of the staff.
You're smart to keep your old 2003 Ram 🐏 ,instead of buying the new unreliable overpriced junk Ram Chrysler they are TRYING to sell
You are right Vincent. While the old Ram is far from perfect, it is paid for and I can fix most of it myself .
15:50 There’s the MVP! Charger! 👏🏻👏🏻👏🏻👏🏻👏🏻👌🏻👍🏻🤌🏻
Thanks
Say , how much are you asking for the nissan pathfinder look like a 2008 -2012 , that's early in your video next to the
Green dumpster, that's when they made good cars dependable vehicles.
Omg. Cars still way overpriced. The manufacturers got greedy when govt was giving consumers free cash. Poor Mgmt.= poor quality. Electrification is an excuse. “Fun” please how about economical, reliable and affordable…. Hello Mitsubishi mirage huge seller. why? because cheap!!!!!!!!!
Consumers also decided to spend like crazy because of the handouts. Consumers raise prices as well when not smart with money.
You want an in flush of money? Tell the CEO s to give back their "bonuses".. instead of the poor schmuck on the line that HAS to work...
EV = Garbage
Plastic = Garbage
Who would buy a Jaguar, maybe a Pinto
Affordability is imoortant these days
Ford is brining back sedans, Mustangs, new versions of gasoline, crossover mustangs.
You are wrong ! People are not looking for more electrification they are looking for the good old truck that is trouble free for the most part ! Get rid of the electronic transmission the electric steering assist the ugly garbage collecting consoles that take room away from the front seat and the massive screens that will be a bank breaker when they go to hell !
Keeping it simple usually wins the race
I predict in 10 yrs....2 manufacture's will disappear
Several will likely
Lexus is up
No one need or want a new car. They already have a good car that is paid for. Smart people just repair when needed.
American made cars look nice on the outside but basic on the inside.
European cars are nice but they can’t hold any value since they’ve gone cheap on their expensive plastic parts.
Asian cars seem to be better in quality but since Toyota was caught lying about their testing results speaks volumes. BYD might be decent but we’ll never know with what’s on the horizon with China’s regime.
Damn
Nobody wants the EV garbage.
Few do anyway
Blame the goverments for their stupid enviromental measures. Car mfg should sue Goverments for their demise.
Coming soon to theaters the 2008 obama’s second auto industry rescued by tax payers coming your way 😂
Ouch
when is your market crash really going to happen???
Hello everyone good evening Tesla is the best possible car to be buying now
# Yawn!
l
You deleted my post. 😮
Afraid to hear the truth 😂😂
no one buying EV’s?…just double down!
Everyone is buying Tesla.
Cars are super expensive right now. In 1997, I bought a Ford Expedition, which was brand new to the market for 40k. Same vehicle now they want over 80k.
I got 0% interest back then right now. Rates are close to 10%.
Who the heck can afford that?
As the New #CEO of #Chrysler, #Dodge, #Jeep and #Ram, I will guarantee every buyer and owner that within 12 months [ for the 2026 model year ] every Chrysler, Dodge, Jeep and Ram Vehicle will be of the highest quality, better than every other vehicle sold, the reliability will be exceptional, better than every other vehicle sold, factory service and warranty will the best in the business, and every 2026 #Chrysler, #Dodge, #Jeep and #Ram will be sold at a price that every middle-class working American can afford.
I Guarantee It.
#BradHartliep, #CEO
Now that shits funny ! Good one !!
I don't believe you. I hear Stellantis is suing the UAW. Is that how you are going to lower the outrageous vehicle price?
@@glenrymer877 Hell , they didn't even fix the Hemi engine problem in this last gen , for the whole generation . I have ZERO faith that they can build any reliable vehicles now . Even at even more insane pricing .