GM & Chevrolet DUMP AFFORDABLE Cars For HUGE PROFITS!
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- Опубликовано: 21 май 2024
- GM & Chevrolet DUMP AFFORDABLE Cars For HUGE PROFITS!
Our latest video helping you buy cars is all about vehicle affordability. We're seeing big changes at the dealers and with the car manufacturers.
Oh yes, and don't forget to SUBSCRIBE for more car lovers lifestyle: / @markholubetz
All those vehicles and no one to buy them.
The numbers are shrinking too
There's a reason the Equinox is cheap, they are JUNK
I agree 👍
I had a 2015 and it was an excellent suv. No problems what so ever
A few bad apples but overall a nice suv a at decent price.
They are a horrible SUV my buddy is a mechanic an they are allways getting the timing chains replaced
My wife is on her 2nd Malibu. Her first was a 2009 and it lasted to 190k. She now has a 2017 at 125k and it runs great. Malibu is a good car and its sad to see such a dependable disappear.
They should have put a better powerplant in it. Like a 6 cylinder. It sell more. Most go as fleet sales, rentals , I think
If it’s the 1.5 I ubered in one good car but.. during a normal autostop it didn’t turn back on so I had to get a jump it did this twice. I changed the battery 250$. Then there is a part called the brake booster pump. These sometimes fail mine did and sent some metal into the motor. I was able to pull the metal out with my pinky and didn’t worry about the super tiny pieces. If I were you I’d change both of these before they go bad and at the same time. Also you can manually shift to 6th gear and it disables the auto-stop. One more thing when the brake booster pump fails so do the brakes so it a safety issue the pump and oil seal is cheap.
Only lasted 190k miles? Thats weak compared to other brands. My daughter has a 2013 Hyundai Elantra with 210k miles and that car burns no oil and still runs good. My nephew also has one with 185k miles and it also runs great. And thats considering some people think Hyundais are junk. 😂😂😂😂
The new GM vehicles are JUNK anyway, so I won't miss them
Haha many people won’t but there are supporters and there should be cars available that satisfy other markets. This will hurt them long term
I actually like GM. Always have. They've made some mistakes. But really I have had quite a few gm cars and trucks over the years. I actually think they are pretty cutting edge tech and reliable a lot of times. But they made some junk too. They could make simply amazing vehicles. They know how. Just like they have made subcompacts to tractor trailers. Military hardware. GM can make freakn anything. It's getting them to do it that it's a pita. The company has had a attitude problem for 60 years. That is what's annoying about gm. They are probably the best actual car company in the world. But the attitude they have is chit. So they turn out..who knows. depends on how they feel I swear. If you look at everything gm has built, developed, research and development. It's quite amazing the garbage they can put out without caring. Total attitude problem
Carmax in the USA did the same thing....not long ago and tried to reverse it after they lost many customers.....I used to own Chevy back in the day...but in the 2010's they started having quality issues...head gaskets , tranny issues and never ending production problems. This indeed is a bonanza for Chevy Fans...I will stick to my Toyota and Honda, so it's a hard pass for me.....Thanks Mark for the update!!! You are the Best Bud!!
I still own a bought new Chevy truck. 1993 1/2 ton, 2 door, standard cab, long bed W/T (work truck) model. 211,000+ miles on it and it still runs good. I will replace the engine, transmission, whatever it takes to keep it going. I live in AZ, no rust here.
The low cost low margin vehicles is how they use to get young people into their brand. Get them early and hope that they stay. Now they are going to have to get their buyers after they have been with another brand. Good luck with that GM.
No such thing as brand loyalty these days.
Cars are a staple to those of us with some sense. Lower roofline = better fuel economy. Most of the time I’m driving around by myself. No need for a full size quad cab pickup.
This channel will have 3 million subscribers within a few years, mark my words love the content!!!
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I used to own the cheapest of Chevy cars and that was a 2016 Chevy Trax. It was a daily driver and it ran well because I took care of it.
I took advantage of Carvana overpaying for used cars and sold it for 15K in 2022.
I took that money and bought a 2021 Mazda CX30 and the Mazda is much, much better!
now that’s an upgrade
Mazda 6 is Phenomenally Better Built than any Chevy sedan 🚘
Yeah, any time a car gets over 40k, it makes me cringe to think about purchasing. That is just too much money for rapidly depreciating liability. Car loans are looking like mortgages now days and people that are carrying $1000 car payments got more money than sense. I will say that Chevy is doing a great thing with the Trax, they really turned that into something attractive and affordable. When my old Buick with the 3800 V6 finally does die (and it wont cause its a frickin tank) I may just get one of those. The base LT trim start like 21k in the us for a new little crossover SUV. That actually a heck of a bargain. Big question on this is that 1.2 little 3cyl turbo. I really don't like these tiny displacement turbocharged motors. its not a good mix for longevity.
Seeing these prices, I just wonder who has money to buy them.
Most people can't afford the insurance let alone the vehicle.
Me I guess
Trucks and SIVs are way too expensive. It’s out of control. Lots of them sitting on
The Lots . They will have to lower prices .
Point blank all of these manufacturers are just GREEDY. I used to feel bad that I had to drive old clunkers and learn how to rebuild them myself. Now I realize the best thing that ever happened to me is driving old clunkers and learning how to rebuild them myself.
GM is forgetting that entry buyers are also often young buyers with many years of car buying ahead of them. Only now they may have a brand loyalty elsewhere.
That is so true. Back in the 1970s Chevy sold thousands of Vegas to a lot of trusting customers. The car was so bad people lost confidence in the brand and went to foreign vehicles. And it's been that way ever since.
Reminds me when I worked for an IT outsource company the newer CEO was all about the Big contracts only and focused on them and only them we started losing the little ones no one cared then then 9/11 and they had all the big contract slashed and bam they no longer had the little contracts to keep the balance sheet looking good. Same concept here the smaller less profitable car but it keeps the lights on when things get tight.
I have a 2024 Equinox, and i can tell you first hand it's NOT junk. It's a decent SUV with enough power and enough standard equipment to satisfy most people. That's why it's GM's best seller other than the Silverados.
One of the big losers is the truck buyer who doesn’t want or need a full size fully loaded crew cab pickup. I don’t want a four door family sedan with a cargo bed on the back end. There are rows and rows of maxed out Silverados, Rams and Ford F-series, but in my location there was one Colorado, two Canyons and four Frontiers - every one of them loaded up crew cabs. Of course this isn’t surprising for GM as they dumped the extended cab, which also had a useable 6 foot bed, two years ago. A king cab SV Frontier, used, came on the lot and was gone the next day. A used Trail Boss that was at least somewhat affordable was gone in 2 days. Mid-size truck buyers who are looking for the basic vehicle are SOL. As much as I want and need a truck, I’m not buying anything right now.
I saw here in Virginia Malibu's on sale for $21000 US. That was a couple of weeks ago. I wouldn't be interested, because for me that's a big car. There is also the Chevrolet Trax, which I think has three cylinders and CVT. Those are turnoffs for me. I'll keep my 2013 Cruze with 47000 miles on it.
That’s fair. How has the Cruze been for issues?
@@markholubetz There have been no issues. Admittedly, I don't drive much.
with the price of gaz and the inflated price they will be stock with them for a long time
I couldn’t believe they got rid of the Cruze after burrowing a Malibu for a while I considered buying a new manual one for Uber but nope they’re gone
All going away
Let them make 100K cars that no one will buy , we will profit from it cuz they will have to drop the price to 60k so people will start to buy them . They can’t let them rot 2-3 years on the dealers lots .
…you don’t want them after they sit too long… they degrade after months. Tires,seals,battery ..and other issues
The 2000 to 2006 were the best gm trucks
Yes they don’t make them like they used to
Chevy would be wise to make a similar vehicle like the Toyota cross I remember back when, in the mid 80s they made a Buick Skylark wagon and regular vehicle they were great and very fuel efficient 4-cylinder. Not sure why they discontinued it. Such a car remake I am sure lots of buyers would love it and with rising daily fuel costs who wants to own a gas guzzeler V 8 cylinder. 0:00
Seven years ago I bought wife the top of the line focus, it was 22,000 out the door. Now, the car is gone, and that price is gone, everything is 30,000 and up, way up.
meanwhile overseas, VW holds the Jetta steady; and Japanese & Koreans still going strong with their offerings.
These kind of vehicles are rental car specials🤷♂️
They are super cheap for the average professional 🤷♂️ good luck people🍀
Yes indeed
Reminds me that Toyota removed the Yaris from North America, the Yaris being a major best seller in Asian and Japanese markets. And the same thing that Honda did with the Fit. At the same time, the Civic and the Corolla are gradually becoming heavier and more expensive. In fact in Asia, the Corolla is now perceived like an executive car, kind of like the Camry once was, and what used to fill up the Corolla 's place as the People's Car, the combination of the Yaris-Vios---the Vios was once marketed in the US as the Yaris sedan. Lets not forget the Hilux elsewhere sells for half the price of a Tacoma here and thats with turbodiesel vs turbogas engine. Now when you go across the border to Mexico, you will see all sorts of cheap affordable GM products that you never heard of but is selling there. Like the modern Chevy S-10 pickup, which sells for a range of $19-30,000 USD. Of course its only a four cylinder, but this is a compact work truck. Why does Ford Ranger sell for half the price of the one in the rest of the world ? Same vehicle except for the US safety requirements and the turbo gas engine, while the global version has a turbodiesel, rails amd rollbars. In Brazil, theres a cute cheapie of a compact RAM pickup called the Rampage. So why in general, across the board, affordability has gone across NA with almost all brands.
I had a 2007 Yaris, one of the rarer two doors with hatchback models, rather than the more common 4 door hatchbacks, had some nice factory rims on it.. 5 speed manual was a bonus, in a world of auto transmission econoboxes. I picked it up as a Dealer Demo at the height of the 2008 Crisis when my Van died, and i'd just taken on a Mortgage.. . Great little car on a 5 year lease, that i got to break the lease on to step up to a Tacoma once the 'cash crunch' had abated.
In retrospect, i wish that i'd been able to keep that micro hatchback. Great little economic Mario Kart, it was - perfect for a zippy commute vehicle. Alas, not enough driveway for two vehicles.
There’s more money in the USA and a lot of stupid people willing to spend it
A few years ago I rented a Malibu. I really enjoyed its styling and interior, and remember thinking that if I was ever in the market for a car the Malibu seemed like a great choice.
Looks like GM corporate greed has killed it.
They don’t understand that most people cannot afford or don’t want $80,000 pickup trucks. Stellanis just learned this lesson and is about to pay the piper, Ford is close behind them, and now it’s GMs turn.
Trying to get customers to spend mega-bucks for troublesome junkpiles...people don't want a POS! It all starts with quality and dependability.
40k is NOT cost effective! A Kia Soul IS cost effective. Mine OTD for 2024 was 25K. And these things do NOT hang around on dealer lots in fact mine never saw the dealer lot. they're HOT because of the price and feature set for what you get. Easy egress, easy to drive AND they have a 10 year warranty!
I will say, for as much flack as the Soul gets, I rented one last time I went somewhere and was surprised at how easy, comfortable and chirpy it was to drive, and had good gas mileage!
I asked Alexa how much insurance would be for an $80K vehicle -- over $1,000 per month. If she's right, that is just crazy!! Another reason not to buy one of these overpriced vehicles.
Umm. No.. I think you are confused. Age, driving record, type of vehicle, safety rating and safety systems... Is not just vehicle price
Anybody who wants a small afford sedan or family car only choices left pretty much are Honda, Toyota, and the other Japanese brand
The Malibu factory will be making the Ultium Bolt. Bolts are good cars.
GM no longer makes "pickup trucks". At least not for the regular consumer. You can still get them through government fleet sales. My city just bought over 2 dozen actual pickup trucks (2 door, standard cab, long bed) and some 2 door LWB chassis cabs that are going to get utility beds. They are all white, with painted steel wheels and zero options.
bring back the impala
There's a small high used car lot at the western end of my town owned by an area GM dealer that sells new Chevrolet and Buicks. The lots features cream of the crop late model vehicles of all makes mostly purchased at at auctions. In other words almost new vehicles with low miles. From time to time I circle through their lot to see what they have. Occasionally a car or two but on a typical day there are only full size crew cab high end pickups, full size SUV's and crossovers. Again no cars and I've never seen an older more affordable sedan. Perhaps older, more affordable cars in nice condition are either in short supply or not to be found. I suppose the inventory on this particular lot is typical of inventory n most dealers lots. It's sad to there are no cars to be found. Not everyone wants or needs a truck or SUV which is more expensive than most cars. On another note, I disagree with what you define as a basic vehicle such as the smaller SUV you drew your attention. By 2024 standards this vehicle may be considered basic but in my opinion it is not basic not by the actual definition of what used to be basic. Manufacturers discontinued producing basic vehicles a long time ago. Basic means a vehicle with her limited options such as 2 wheel drive, plain wheels and tires, manual operated windows and locks and the absence of other luxury features that manufacturers automatically put on every vehicle sell. Building a vehicle with low option content would shave thousands from stickers. There are new car customers out there who would buy these vehicles but they are no longer being built because they are lower profit vehicles. Instead new car dealer lots are full of vehicles that people can't buy because every new unit on the lot is still priced too high. $30.000 is still more than many people can pay. Buyers need new vehicles that are $20.000 and maybe a little less with a monthly payment under $400.00. Even though incomes have risen since new cars were less ecpensive, the cost of living has taken the amount of money people avoid
actually have in many instances to less than what it was in the past when things costs less. In the meantime these people stay off new car lots and only the higher income people are able to buy these new vehicles with higher sticker prices. I'm not an economic expert, not even close. This commit is bases upon what I hear from other videos and opinion bases upon my point of view. I'm a senior adult who lives on Social Security. I drive a very nice 2010 Toyota Corolla with 132,000, which serves my needs and the needs of many other low income drivers very well. There is a market for these types of cars. It's too bad that Ford and GM can't see ths.
But Chevy does still sell value vehicles, I just bought a brand new 2024 chevy Trax 1RS for $25,600 CAD before tax in BC Vancouver. These SUVs are selling like hot cakes, took me 4 months to find one in with the spec I wanted.
They are cheap but also throw away vehicles good luck with it you will need it.
@@pingwrx they are no less quality than the ford mavericks, and those are still selling over MSRP for used ones, we are in different times now, the world is upside down. I'm not worried, I'll sell it for $10k after 5 years, where as a tesla loses $30k after 1st year.
How much are these in U.S. dollars? Im all mixed up😂
As long as GM is putting little 1.5L turbos in the vehicles I won't be buying one. My son has a 2017 equinox that has a 2.5L non turbo engine that I would buy
The fact that you called it the rental car special is the exact reason why it’s getting cancelled. If they didn’t sell the Malibu to fleet customers it would be one of their worst selling vehicles. You don’t make money selling majority to fleets. Not to mention the Malibu isn’t even their cheapest vehicle anymore the Trax is
Many of these large trucks are going 3cyl going forward because of the climate change issues and government policies auto manufacturers all of them have to follow by the rules so if you want a good truck with a power full engine better get it now.
Why the hell is GM dropping a decent Car, Sure I don't drive GM anything anymore, But GM could have perfected that Vehicle, I guess you need to be Rich to own one now, What JOKE Government Motors.
With the double problem of high prices and ridiculous interest rates…, only the incredibly desperate buyer or the one that can’t handle simple math will be buying . The rest of us will simply wait for these companies to get desperate …. Shouldn’t take long .
GM has the right to charge and sell what they wish, and NOBODY (except
maybe a concrete sub-contractor) needs their over-priced trucks. GM can take a flying leap. Let them go BROKE. They’ll figure out they need to make affordable cars again….
I’m getting so tired of the American car companies out pricing their own people. It’s pathetic that foreign car manufactures understand it better than our own. I’m disappointed to hear they’re getting rid of the Chevy Malibu, but I figured it was gonna happen at some point.
Toyota's quality has plummeted while their prices have skyrocketed friend
Yes the tides have changed even for Toyota
According to what metric? Consumer reports, which uses owner information about reliability, continue to rank Toyota and Lexus at the top for long term reliability. Who exactly has better reliability than Toyota/Lexus? Definitely not GM or Ford, only ones that come close are Mazda, Subaru and Honda. The rest of full of bad apples and poor engineering decisions to save on cost.
Profits are not going up, as no one is buying anymore. No money, everyone is broke.
Those Malibu are still too expensive! It's not Toyota.
I don't think any reasonable person would miss the Malibu. If they want a sedan they've already gone over to Honda or Toyota and they're not ever looking back
Stop living in the past. Hondas have went to crap and Toyota thinks they’re a luxury brand with 4 cylinders. All the new stuff is crap. Forcing stuff down the consumer.
I guess we are going to have to buy foreign.
Hooks made for REPO
You are misleading by not mentioning Trailblazer and Trax both have models below 25k
Equinox is junk. Buy cars from Toyota or Honda, or get two or more corollas, camrys, civics. Chevy chose to produce wrong.
It's a shame but I have given up on the US big three, all they build is garbage.
1.5 engine? Does it have enough hp to hit 5 mph.
Prolly not
0-60 in 8 seconds, it's plenty, since it's turbocharged. You're probably used to hitting 60 in 5 seconds and don't realize you really don't need the extra 3 seconds.
Automobile lot with not a single reliable vehicle, all a totally ripp-off!
Just paid of my malibu. what does this means for parts in the future?
fk these auto companys fr
Fact is that GM/Ford/Chrysler have never been able to compete in the Compact or Midsize market, in sales volume, safety and reliability. Toyota and Honda crown that space. Malibu is gone because it's factory is making room for the EV equivalent that will be just as cheap over time. If you want a $25-$30K, there are plenty of options. The Toyota Corolla, Corolla Cross, Toyota Camry, Honda Accord, Honda Civic, Toyota Prius, Mazda3, Mazda CX-30, Honda HR-V, all under $30K average transaction price. Compact SUVs all go for $30-$35K average transaction price. Toyota/Subaru/Mazda/Honda are all breaking production records for several models. It's not unfortunate, it's reality. Toyota/Honda just provide superior products in the lower to mid end of the market. Ford/GM are also not the most reliable brands, which is why they don't sell vehicles in several countries that have customers who actually look into reliability history. The best selling non truck, is the Toyota Rav4, which is coming up on 500K units per year, almost ending up as the second best selling vehicle of any kind in the US, behind the F150. Rav4 has average transaction price of $34-$35K.
Toyota Sequoia TRD Pro simply the best
Great vehicles
Damn
Nice
American greed is done
Indeed
Zed???? No dude “zee”
Haha
35,000 for an Equinox that's its literally junk.
I will buy a Toyota Rav4 instead that it's a million light years better than that.
Yes I agree. There are people who are die hard Chevy fans though
Those foreign vehicles are just junk too, keep supporting over seas, yess there some of them made here but still supporting them, what I can't stand is you see someone serve in the military and then go buy foreign vehicles, i try to buy things only made in America, yess you pay for it but the quality is 10 times better.
Chevy blazer just trying to copy jeep grand cherokee and fords broncos are just copying wrangler, they are just trying to jeep and ram
Trax
Yes a bit more if that crossover but yes that’s an option as in the bolt EUV but those come at a cost
Shop Toyota
Solid quality
Their new Tundra and Tacoma have very low quality and are very unreliable. Tundras blowing engines up at less than 40K miles 😂😂
The blazer you can still get with a 6 cylinder. They should keep the sedans. Even if they sell less or make less.
What was seen during the 1930s (the Great Depression) was that U.S. automakers survived by pushing their most expensive models.
No thanks Chevy. I will pass.
Chevy offers the Trax and Trail Blazer at pretty decent prices, so I'm not understanding your message on this rant.
Hot candy?
Chevys quatily is terrible, ill never ever buy chevy or ford
GM won't survive...again!
Infuriorated 😂
Haha oops
Marry barra is a joke she is running that company into the ground
Zeds dead.
Chevrolet are junk
Not great quality