Ram & Stellantis Lead The Truck Market CRASH!
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- Опубликовано: 7 апр 2024
- Ram & Stellantis Lead The Truck Market CRASH!
What is going on at Stellantis headquarters that they have so much inventory and can't sell trucks or SUV's. Ram trucks are in serious abundance.
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Totally agree. Stellantis doesn’t respect their loyal customers. You don’t buy Stellantis and Ram for their quality, you bought them for cheap prices in past compared to other manufacturers. But Stellantis forgot about this fact and jacked their prices 60% and worse yet, didn’t improve their quality. Screw Stellantis until they lower their prices to pre-Covid levels.
Totally right. They were fine when they were cheap, because they were cheap, now they are pricey while still being cheap
Totally agree.
Facts, and it shouldn’t be surprising. Stellantis understands Europe not the NA. They look down on Americans in particular.
The quality was there for the price they had it at from 2013-2020. I don’t know what made them up the price by 60% and keep the same quality 😂
Vowed not to buy Ram/Dodge again 35 years ago. They make it easy to keep that promise!
$107,000 for a Dodge 😂😂😂😂😂😂😂😅😅😅😅😅😅😅
It's in Canadian dollars
I remember when ram held no resell value and now they are selling Laramies for 70k 🤔
a big horn at that
@@kirkdunn1379 exactly
I once paid $1200 for a Dodge! :)
Everything should be half those prices.its not obtainable for the ordinary person.
Agreed, simply too much money, at least if a person does not want to t to live in a new truck
Not evern 1/3
Top of the line truck should be $30 000. End of discussion
@@butters8752 Too little, Top of line truck should be 55k at max
@@butters8752 That's what I think too. All these extreme priced vehicles can set on the lot till Kingdom come as far as I'm concerned.
My local Ram dealer is real good about posting 1500s on sale $15K under MSRP but then wants to add $8K in dealer add ons. No Thanks.
Problem is even if you get them to discount 20 percent off its still just as much as a ford or Chevy. And if you buy a silverado you will get a better truck. They literally have to cut prices by 30 percent before they become competitive again. That is, they have to be cheaper then Ford or GM because they offer an inferior product. But in their imaginary world they think they can charge a premium for crappy quality cars and trucks. Its delusional thinking.
@@HiPlains1lol Chevy is garbage and rams are better I’ve seen people go through much more chevys then rams
@@luisquinteros7492 Ram has gone down in quality after the pandemic. Jeep as well as many mechanics will attest. If your talking 2020 or before I would say Ram was decent. If I bought new I'd probably get a chevy 1500 with the inline six diesel duramax which is an excellent motor. I'd stay away from the 5.3 (lifter problems) and some of the older 8 speed transmission were bad. But with Stellantis their quality has taken a dump across the board in recent years. Facts.
@@HiPlains1 I got a 2019 fith gen with no problems you could be right but my nephew just bought a Duramax suburban and it was in the shop the first week for a week, chevys are trash
I bought a new ‘23 Ram 1500 Big Horn Hemi Equip Gr-1 on 3-22-24 with a MSRP of $61k for $49,329 OTD. Bought near Kalamazoo MI. I did use the 1st Responder and Employee Choice incentive. I’ve been looking since September, watching Brandon and the Car Edge channel was helpful.
People can't afford the HIGH PRICES or the HIGH INTEREST RATES or the HIGH DEPRECIATION.. Forget about ALL 3
The problem is at one point there was people willing to pay that and it was a lot of them. Idk when the top 10% started by F150s instead of luxury cars. Makes me miss the sedan days. Moving to cuvs/trucks has helped drive the market up.
How about high insurance premiums on these things?
and HIGH MAINTENANCE
and HIGH FUEL COSTS
Interest rates aren't high compared to when Jimmy Carter was president. WIN = Whip Inflation Now. Remember that?
Who is paying $130k for a Wagoneer or almost $50k for a crappy Compass? Jeep is dead.
Gone
47k for a fkn Compass!
I wouldn't pay $10,000 for a Wagoneer !
I mean really . Who the F in their right mind would pay for a Wagoneer , what you could get a Lexus GX for ?! Or hell , even a LX .
So true
With those prices it becomes cost efficient to spend large amounts to maintain an older truck.
07 toyota. will. drive it into the ground. keeps me out of the car market.
@@subaruamazon )07 Duramax for me. I'll drive it until the wheels fall off!
Huge amounts!
@@shaverlocal better than the new ones. how many miles? 07 camry 148k.
@@subaruamazon 112k!
When he said 47k for a Jeep Compass,I spit out my Mountain Dew?
It’s Canadian btw
Compass and renegade are ugly. I mean really ugly. I would be embarrassed driving crap like that. Those things remind me of the ugly cars like the pacer and pinto. Just amazing in this day of age an automaker would design something so ugly thinking that somebody might actually buy it.
$ 1.00 worth of spewed dew...lol.
I feel Stellantis wants to Eliminate their Dealers
dealers get in the way of moving inventory with all their stupid games
market adjustment is garbage. you can get a nice car alarm at pep boys for 20$ vs 1000$ dealer. door edge guards, sirius xm, everything is garbage
Stellantis, with their anti-American policies have lost me as a customer forever. (Laying off hundreds of employees at their Auburn Hills tech center and creating a goast town by moving jobs overseas was the final nail in their coffin for me).
This is from a retired employee of FCA and a lifelong Chrysler, Plymouth, Dodge, and Ram owner.
Next vehicle for me will be a Toyato. Screw Stellantis!
They're dealers suck, they're gonna eliminate themselves!
The whole F'n thing is sad . Not only will these layoffs help further destroy life here in Michigan . It will make our already bullshit economy here worse . What Michigan and this country does NOT need , is more job losses and moving production outside our borders . Truthfully , though I am pissed off @ ALL the Big 3 and what they are doing . Sadly , if they all go under. So could this country . This country has no industry that can replace what is left of our American car production . Maybe Toyota , Mazda and Nissan and Subaru will take over these plants . Scary times ahead , with all that is happening ! A perfect shit storm in the works with the border situation to add to all this BS . SANG retiree and St . C county guy here ...
Now there is a brilliant plan . Would anybody really EVER buy a Stellantis shitbox without a test drive ? Where in the F would you take one for service ? I can see it now . If Stellantis doesn't care about quality and reliability now . They would care less if they could just ship the junk to your door and you be stuck with , and not even have a dealership to take it back and complain to ... NO TY !!
If the truck market crashes it will be self-imposed by greed, both at the OEM and dealer level.
Yes yes
Very true.
Don't believe dealerships are in trouble at all. I offered 3k under listed. No deal. No negotiation. I walked
They’ll be calling you to come back by end of the year
Some people are still buying, normal inventory pre pandi was 90 days so it’s not that bad just yet. It’s about average for many dealers
People just got use to seeing empty lots
Well, just do the math and it will tell you how much trouble they are in. floor rate has got to be, let’s call it 4%. Having 200 cars sit on your lot for over a year at 4% is destroying A business. They’re in serious trouble. I Follow Dodge and I follow their car market daily. I do the same with the housing market And when I tell you, that CJDR Dealers are in serious trouble, You should believe me.
@@williamrose7818 They don't care. They know the brain dead Biden will bail them out!!! Well actually Obama will.
100k + for a truck, then let the recalls and reliability problems begin, good luck!
You're thinking of Ford and those soccer mom v6 Ecoboost engines that blow up all the time. A Hemi V8 ram is as reliable as it gets.
My dealership has been running after me for buying back my 2021 RAM sport night edition truck for the last 4 months. 3 weeks ago I went to see, they weren't giving nothing for my truck with only 30k km, with many accessories, winter tires on rims with extended warranty and trying to "upgrade" my ride. When I saw the prices for the new vehicles plus taxes and the cost of borrowing, I went away as fast as I could and told them I'll keep enjoying my truck at 0% and be paid off in two years.
Ram simply won't deal here in Texas despite overflowing lots and slow sales. Ram drove me straight to Chevy. Chevy made me a good deal on a Silverado.
Did a search near me and best I could find was a tradesmen 4x4, V8 crew cab marked down 9k to 42k. Still too much. That is a 36 to 38k vehicle all day, at the most!
Correct. Now if they offer that deal with 0% APR on a 72 month loan, I’d be interested.
@@DanzigDemento Agreed, should mention that its a "Classic" which is what I want.
Wow I remember when that was a sub $30k truck low 20’s if white and basic interior.
@@Bob-gy6ud I have a 2016 that I bought because of that. It was marked down from 40k to 27995k in Sept of 2016. Still have it, love it. I thought I got a good deal on it. Today? No, they will not get me to buy their junk for the money they wany.
@@Bob-gy6ud agree, I have one and paid 28k in 2016 for it.
COMPASS for 47 k ?! Not a F'n chance !! I mean REALLY ! 105 K for a pick-up ? Are they nuts ? ....Insane ! BTW , this may be your best video .
They increased the size of the lcd panel and think that justifies a $17k increase
Ah , now it all makes sense :D @@PaDutchRunner
My Tundra was 51 000 in 2020...how can these trucks be 30k to 50k more in just 3 years. Here is some scary math....my local toyota dealer service advisor told me dealers borrow large blocks of money...millions..and buy inventory to put onnthe lot. The best case scenario is to sell the vehicles with in the month. When they sit 2 months or more, dealer pays interest on the borrowed money 💰 and then their margins decrease if they sell a vehicle. If the product sits there many months, the dealer is taking a bath in losses. The cure for hi prices is hi prices. As long as we have Trudeau and Gee Bow, sales will be soft. These clowns gotta go.
It's called a floor plan. Lol .. all dealers have a floor plan. They don't buy there cars. They take a loan and pay the interest monthly. That's why they want them gone the first 30 days . They pay no interest. The problem is they're sitting 6 to 8 to 9 months
Liedenomics. Everything is up 50%
Let them sit on the "Lot" and *RoT* ❗️
@@garyszewc3339What specific policy created inflation?
@@garyszewc3339it’s almost like you people stayed drunk throughout 2020
All the manufacturers lost their minds on price years ago. My next 4x4 pickup will be not just used, but 25 to 30 years old. Spend a bit to repair as needed, but total cost of ownership will be a fraction of these insanely priced monstrosities being made today.
I totally agree
Probably a good idea. Plus it won't be stolen.
I remember in 2010 during the last recession, the Dodge dealer in Chilliwack still some 2008 models still on the lot.
Haha ouch
What do you expect from Stellantis when their new inline 6 gets worse gas mileage than the 5.7. This is according to the EPA fuel economy ratings. Not to mention the many recalls and quality issues.
That’s gonna hurt too
Stellantis' strategy was to sell a WHOLLLLE BUNCH of Grand Wagoneers for $140K a piece, during a period of inflated interest rates LMAO!!!
And it does not stop there. Their next plan is to build expensive EV's that nobody wants. We already know that EV is dead. Ford and GM lost their asses trying. With no hybrid in the works it just a matter of time they will shut down all truck and car production. At which point they will exit the market and try to find a buyer for Jeep. This brand is toast. The Italians don't understand or care about US automakers or Americans. Their arrogance will be their end.
Sir you are a great help with honest info on the auto market, thanks for your honesty and help.
I live in south Texas and you’re right. Trucks and cars aren’t selling super well here (as from what I’ve seen online at least) a lot of the vehicles I see listed, have been listed for a long while now. Prices are dropping a lot. (Again you might be right it’s only on the internet as I don’t actually go into the dealership) lol.
I am just waiting and waiting for them to keep dropping. I’m in the market for a new vehicle and got cash, just waiting for the prices to be where I want it. And trust me, it’s not close 😂
Those trucks are all garbage my nephew best friend works for Stellantis he said their drive train & electrical system is officially garbage ,DO NOT BUY he said major malfunctioning problems
toyota guy. i would buy a ten to fifteen year old 4dr wrangler with a hard top with under 100k if I wanted to go that route.
Stellantis (mostly Puegot) hasn’t made a quality vehicle since late 1970’s early 1980’s. Now they’re running CDJR and their 40 year business plan is going to go into full swing. It’s a EU company and EU thinks all Americans are rich and always pay any price
47k for a Jeep Compass says it all. For 5 k more, you get a fully loaded Tacoma TRD.
If a Stellantis transmission makes it from the dealer to your home, you win!
What world are we living in that a jeep wagoner cost as much as a house in some areas!! This is absolutely insane!!! These vehicles are not worth it at all! In 2020 I bought a brand new 2020 f250 fully loaded 4x4 platinum for 63000 out the door in southern cali. These prices today are exactly why I won’t buy a car until they cut them down by half. I remember when 2019 ram rebels were selling new for 39000 plus tax and fees! How can that same truck be selling for double today?
Liedenomics. Everything skyrocketed.
They may be charging double but they have no takers lol. Total and complete disconnect from the market. They are doomed.
The CRJD car dealer is in Edmonton, Alberta ---prices quoted are in Canadian Dollars. $1 CAN =0.7365379 US Dollars
While our dollar withers, Congress dithers. Red & Blue alike.
But hey, they kept Facebook accountable.
The only difference between red and blue is, one is in and one is out.
I've seen floating MSRPs at some dealers as well.
Remember, just 7 short years ago, I could purchase a nice 3 bed house in my area for that 100k... in fact I DID. Puts things in perspective. Still drivin my 07 POS 4.7 Ram 1500, but its mine, I can WORK ON IT, and its paid for. They want me to trade this in, HECK NO. Will be keeping this particular POS, it RUNS. Perfectly for my 10k I paid for it, 7 years later😅
That is awesome!
Bought a 2018 heavy duty 2500 in 2019 for 33k.
Had 9500 miles on it when I bought it.
72k on it now. Think I will just keep it, considering what it would cost to replace!
That pre pandemic truck has much better build quality. The newer stuff is crap.
The local dealer here in NC has a full dealer lot just sitting. No body wants to pay stupid prices.
Exactly
Lots are full in Toronto but prices are not being slashed.
Just a 5k dealership discount.
That's being going on for a long time.
A Jeep rubicon X is 95k , that's right.
Its crooked
I bought a new ‘23 Ram 1500 Big Horn Hemi Equip Gr-1 on 3-22-24 with a MSRP of $61k for $49,329 OTD. Bought near Kalamazoo MI. I did use the 1st Responder and Employee Choice incentive. I’ve been looking since September, watching Brandon and the Car Edge channel was helpful.
And you still paid $10,000 too much . Your truck was worth less than $40k right before Covid.
@@texastravelers210 one way to think of it, autos and homes will never be precovid prices again. I like seeing the 26% off MSRP as a better option.
@@gerardellis1127 as long as people like you are willing to pay these absurd prices they won't come down for sure.
Most of my dealers that I buy from have 30 chargers 30 challengers 70 Rams that have been sitting on there a lot for the last year… $117,000 for that truck is insulting.
It truly is a mess. Thanks for watching
Stellantis is the only manufacturer that is down month over month for new vehicle sales. 17%
The purpose of the interest rates going up is to make prices lower. Dealerships don't get it
Stellantis has done their best to destroy Ram and Dodge. Wish someone would explain why???
Exactly
My 2020 Ram 1500 Bighorn was 47k on it's sticker, Nice practical options no park assist sensors, touch screen dual zone climate control, non E-torque Hemi (I demanded that) 6 and 1/2 ft box, 5 and 1/2 ft seemed useless to me. But cloth seats no leather. It cost me but in all fairness it has been a excellent truck. 19.5 mpg summer, 16.5mpg winter I'm okay with that.
Love the vids keep it up.
Appreciate it!
I bought my 17’ 1500 Hemi Sport crew cab new. Sticker was 49k. lol i feel like i got a steal seeing these. I’ll never buy a new car again. Will only buy one at least 2-3 years old going forward.
Probably a good plan
I have drove Ram trucks for over 40 years and Loved them but the Prices are insane, I was in the Market for a new one last month but I purchased a Nissan Titan Platinum Reserve 1/2 ton I compared trucks and the Ram was 71.000 after rebates the Nissan was 55.000 and has every bell and whistle plus a few more than Ram and a Better Warranty, I love the Nissan. and YES Heat and Cooled Seats!!
Great buy, awesome
I was a prospective Maverick buyer 2 years ago and steered towards a used Ram for the same reason Ram can't sell new trucks now.I think you can get a good deal on used Rams but I certainly wouldn't touch new with YOUR money.
Not in Canada. Basic bighorn, standardblack/grey Interior etc. $65000.
Brutal pricing
I've seen these "truck market crash" videos on RUclips for for or five years now. Yet here we still are. Its all clickbait until something in the market actually changes.
This is totally opposite in the south. I live in La. Ford and Chev have boat loads of trucks in the lot. Many more new Rams on the road than there use to be.
Even if my lease is 149 a month I wouldn’t buy a truck from Stellantis after they said no more V8 and went full retard on EV
Bingo
I don’t know what dealer he’s at but my brother got a brand new 1500 Limited Laramie Longhorn 4x4 fully loaded for $58,000. Out the door total around $68,000. This was just like 1-2 months ago. The car prices that he is showing, everything is about 20k-30k over MSRP.
I bought my 2019 Ram 1500 Laramie crew cab 4 x 4 five years ago for $45,000. It listed for $57, 125. It is the best
truck I have owned in 60 years of truck ownership. The Ram dealer asks me to trade it in on a 2024 every month,
and they are offering me $35,000 in trade for a similar model for another $40,000 to boot.
This is enjoyable. I don’t know why everybody’s so mad. I would literally like to see the big three American manufacturers go out of business. Don’t worry, somebody will take their place. But we need something historical like this in order to prevent something like this from happening again going to the drastic measures of the big three fall.
Great point
Crazy prices but I still see a lot of people driving around in brand new vehicles. I could afford one but wouldn't even consider it with these prices...they can keep them.
I agree. No brand new vehicles for me at this time
this puts the biggest smile on my face
Haha
Back in 2019 . I bought new 2019 ram 3500 srw 4wd 4 door long bed base model with crome edition with 4315 cargo capacity for 55k out the door after discounts they gave me from larry Miller dodge. Now i got 96k miles on it now still running strong. I look at same truck with same options its around
70+ k and with way less cargo capacity. Shoot $100k i could have bought two 2019 base model truck for one 2024 larame truck
Yes indeed
Stellantis killed the Ram. It died with the Hemi.
I think it depends on what state. My local Ram and Jeep dealers haven't jacked up the prices too much, maybe 5000 higher. The only vehicles I have seen in my area cost over 100,000 have been fully loaded Grand Wagoner and Ram Limited trims. But most other trim levels and models of Ram and Jeep in my area are 35k to 80k.
They are not cheap, and I do wish they were 10,000 dollars cheaper, but Ram and Jeep are owned by a French company that doesn't care. That company is in the process of killing all hemis.
Keep holding out. Don’t fall for these “discounts.”
Just paid 20k for a 2001 Ford Excursion 7.3 4x4. 211k miles. I guess it’s a bargain especially since it will never be in the shop.
Exactly
That yellow jeep was owned by Brandy. There's one at every strip joint in North American
People can't afford those high prices , complete insanity !
$47k for a compass is satanic
For a premium price, I expect a premium product. I bought a 2014 Ram 1500 in Lone Star (Big Horn everywhere except Texas) for $29k after incentives. The trade off was the multiple recalls, TSBs, amateur paint job, janky cruise control, component failures, and greater depreciation. At 29k, I can live with all that. At $80k, no way.
Cheers
The prices in U.S dollar or Canadian?
Can
USD is still high!!!
I'm done shopping for a new rig. I'll keep my 2015 running instead. The prices will have to come down at least 50% for me to even get interested again.
Are 2021 used truck prices appreciating?
Example
new 2021 sticker 70,000
used 2024 list price 70,000
Inflation appears to be appreciating used truck prices.
That is simply gross, and was definitely happening in the last 3 years but should be tapering off
No freaking way I wiuld pay these insane prices.
It is pricey, isn’t it?
40% price cuts across the board I know it sounds like a lot but that is what people can afford.
Bought a chevyvan in 1985 for less than $20k. now prices go over $100k. Its crazy.
They went CRAZY with these prices, all the manufacturer did!
Its a mess
They're crazy
Chrysler is notorious for overproducing and flooding lots. Ford particularly has reduced output instead of having too many cars on lots that have to be discounted to move.
I can't believe somebody would pay $80 or $100,000 for a truck... I'm 57 years old and in 1993 I bought a new Ford pickup truck and it cost me $13,000 and I recently retired so I bought me a Honda Ridgeline and it cost me $36,000 brand new and I thought that was a lot of money😂
Those are some high priced vehicles. Who the heck can afford to buy them?
Just picked up a Jeep grand Cherokee for 26% off MSRP. Very happy with my deal.
It will break down repeatedly. You’ll be on a first name basis with your service advisor.
A full tank of gas? What a great deal!!
Haha, exactly. Gotta sign me up on that one.
This is GREAT let it sit…so they can keep losing money. Like you said…the MSRP is horrendous.
Since when is a Jeep or Ram more than a Mercedes or BMW? Those prices are ridiculous!!!😂😂😂😂
Mercedes and Bmw are crap too 😢
@@ldmldm3810 Quality wise I don’t disagree with you.
Don't hold your breath, there are still many fools with money and dealers are laughing all the way to the bank
It’s important to note that this I all in Canadian dollars which is quite a bit more than US dollars there market prices are different as well.
It's Canadian dollars, so they are not too expensive
No way in HELL! Would i pay 57,000 for a base model truck with an Italian diesel engine..... It's totally disturbing
Its truly a mess
Stellantis makes the Ram 3/4 ton and 1 ton in Mexico and that should give Stellantis a massive profit.
I have been watching prices on the Ram1500 Limited and the prices just went up... plus $5,000
Please tell me more. Don’t have some examples? I would really love to share
@@markholubetz VIN: 1C6SRFHT2RN228296 was at 70034 now $75,955 same with VIN: 1C6SRFHT0RN228295 / 1C6SRFHT6RN229242 Now at 82,000 - these are the same package, ram box etc... / $81,000 for VIN: 1C6SRFHT9RN126199
Paying over 30,000 for a jeep is ridiculous. New or used
Looks like Lot Rot! Fire sale coming soon to a Dodge dealer near you!! What’s even scarier than the prices, there are no potential customers on the lot looking around. That has to be causing tension with the owners of these dealerships!! Ghost town! That’s a problem.
Haha
I was in a CDJR dealer in USA several weeks ago making an inquiry…the atmosphere inside felt like a funeral home. Seemingly apropos….
Where are you reporting from? I’m near Cleveland and the prices you are quoting are literally $15 - $25K higher across the board for these. Grand Wagoneer for $90K.
Canada
I this a Canadian Dealership??
Yes it is
What you didn't mention about Jeep is that Stellantis will only allow dealers to stock the Electric Wrangler. If you want a traditional gas Wrangler, you have to order it and wait at the high prices.
I sold my 1500 Ram classic for $50k to dealership in Vancouver last year at the peak 😁
I like the Ram too but not anything newer than the 2022!The 2020 and 2021 are starting to show up used in the upper 20’s.US!Also this will be the last year for Hemi Wrangler!
Exactly. Thanks for watching.
Excellent show!
I have a 2022 Laramie but I had a 2015 Lonestar that had 21k miles and I paid 24k used
100 grand for a "Fiat" 🤣🤣
Haha
107k new. 60k 5 mins later as you drive it off the lot.
You can damn near by a house for what a new truck cost .
Its getting really silly
Watch the dealerships doesn’t jump the interest rate and pocket the money
haha
Wish Toyota had inventory like this... Barely any Tacos and 4Runners on lots.
True, on demand buying though. Different business model.
How can you justify spending over a 100k on a truck if you’re not a contractor!
Even as a contractor, it eats into profit
In that range of price for the wagoneer I buy a Lexux GX , more realible and less depreciation
Ram has over 700 day inventory (about 2 yr) sitting. @ Price points shown , lookin like most of herd will have more Birthdays B4 Sold ! Many will be Wildlife Shelters and Restaurants ......
Prices need to drop by 50% for anybody to realistically consider these POS's
Prepare yourselves for the "complementary upgrade" to a large Stellantis product at your next car rental visit. That's always fun while visiting a new city.
its hilarious, really