Car Buying CRISIS Is Alive And Well

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  • Опубликовано: 24 май 2024
  • Car Buying CRISIS Is Alive And Well
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Комментарии • 52

  • @azmike3572
    @azmike3572 Месяц назад +12

    Refusal to buy is always the consumers' strongest weapon.

  • @user-mr1ku5iz8l
    @user-mr1ku5iz8l Месяц назад +7

    With more layoffs happening, people in debt up to their eyeballs, and inflation continuing to rise, who the hell can take on a new set of monthly payments? A new car is a definite luxury purchase in this economy. Even if the interest rates were 2 to 3% the MSRPs are still too high.

    • @toddprater14
      @toddprater14 Месяц назад +1

      The only reason they were selling 4/5/6 years ago was them low interest rates, only way people could get a loaded vehicle…now at 8-9% it isn’t worth it…

    • @user-mr1ku5iz8l
      @user-mr1ku5iz8l Месяц назад

      @@toddprater14 I received a letter from my mortgage company with a HELOC offer. And at a great 9% rate. hahaha. Yeah, no thanks.

    • @markholubetz
      @markholubetz  Месяц назад +1

      100 percent

    • @tonypetracek6157
      @tonypetracek6157 Месяц назад

      😊😊😊😊😊😊😊

    • @tonypetracek6157
      @tonypetracek6157 Месяц назад

      😊

  • @Mike-ew9zn
    @Mike-ew9zn Месяц назад +10

    Just checked on a F 150 yesterday. Bullshit add ons were 10k! 2023 and 2024 models…🙄 salesperson didn’t even bother to talk to me!!!

    • @markholubetz
      @markholubetz  Месяц назад +5

      Truly a scam. People seriously need to boycott for a while. Drive whatcha got, fix your own and look for alternatives

    • @reloadNshoot
      @reloadNshoot Месяц назад +1

      What's Ford and ram going to do with their 23 models when the 25 will come out in a few months?
      I believe there are 10's of thousands of them on lots. It's not going to seem right if they don't mark the 23's down considerably. We will soon find out though, that's for sure.

  • @jamesdelap4085
    @jamesdelap4085 Месяц назад +3

    But car dealers aren't getting this message?
    Apparently they are financially ok with the status quo.

  • @Timeline916
    @Timeline916 Месяц назад +1

    Just about every single person in my area is driving a new truck and car, of course to live in it too

  • @DeflectionMode
    @DeflectionMode Месяц назад

    Here watching Mark 👍

  • @jacobstrouble6631
    @jacobstrouble6631 Месяц назад +2

    The check-engine light in my 2005 Tacoma hasn't been on in over a full calendar year. We're riding this out if I can get to that 90-day window for emissions check.

  • @locknload4691
    @locknload4691 Месяц назад

    I reside in the Southwest, and on any given day, a person can observe dozens of older Tacomas, even the 90's models when they were considered compact trucks, on the road. Moreover, Ram HD trucks with the 5.9 Cummins 12V or 24V, are still prevalent, and good luck trying to purchase one in decent shape for under $10K. The following make/models that are virtually unseen in my area: Chevy/GM Colorado/Canyon 2nd generation, Ford Mavericks & Ranger T-6 platforms, Honda Ridgelines, Hyundai Santa Cruz's, and Nissan Titans & Frontiers.

  • @adamhatcher6620
    @adamhatcher6620 Месяц назад +2

    There isn't any good deals right now... if you jack up the price by 50% and then offer 6 to 10% off its still way over priced

  • @SWFLSlimJim
    @SWFLSlimJim Месяц назад +2

    You’ve got the handle on it, the car market is broken, they over inflated and are unwilling or unable to correctly address the issues by lowering the prices.

    • @markholubetz
      @markholubetz  Месяц назад +3

      Thanks so much. Yes lots of smoke and mirrors and price cut this and incentive that, but these greasy OEMs keep pounding out the back of the common Joe just looking to get by and enjoy his days with his family and a beer with his buddies on Saturday night and an affordable place to live and an affordable vehicle to get to work and play.

    • @reloadNshoot
      @reloadNshoot Месяц назад +1

      Here in the US there are people getting by, some working a couple jobs to get by the salaries they make working and cannot afford a new vehicle, then there are some sponging off the tax payers that drive new cars, have their groceries paid for, new phones etc and complain that it's not enough.
      It's very sad to see this on a daily basis.

  • @readheath3860
    @readheath3860 Месяц назад +3

    I never thought I'd look to the failing BLOATED over-priced and ugly auto and real estate industries as a source for comedy but it's hilarious. Thank-goodness I'm not a player in either one and can just sit back and watch the show implode.

    • @markholubetz
      @markholubetz  Месяц назад

      Haha I know right and it’s quite a show

  • @Timeline916
    @Timeline916 Месяц назад +4

    25 thousand off 100 grand truck is still rip off

  • @wilford71ify
    @wilford71ify Месяц назад +1

    Are dodge rams worth buying? Do you recommend any 1/2 ton ram?

  • @egrnhl
    @egrnhl Месяц назад +1

    Do you recomnend waiting till late summer oe early fallvto purchase 24 Toyota Rav4 or will it not matter with Toyota low inventory?

    • @markholubetz
      @markholubetz  Месяц назад

      Toyota seems to be limiting their inventory intentionally and thats artificially holding prices high so it may not matter much other than wait for new models to get last of outgoing models such as in the fall.

  • @Eric-fz7on
    @Eric-fz7on Месяц назад +1

    I refuse to buy a new car. At the end of my BMW lease I’m getting a junker just to get around and wait for everything to settle down.

  • @3391halo
    @3391halo Месяц назад

    currently saving up for a down payment hopefully next year I'll find a decent deal on a used GR corolla. Until then my 06 g35 coupe is running great even at 170k miles

  • @isactoriguevara6030
    @isactoriguevara6030 Месяц назад +1

    I’m not sure why people are allowing to be brain washed and keep buying them super overpriced vehicles. If people took a stand and held their grounds, manufacturers would have to come down.

  • @timkis64
    @timkis64 Месяц назад

    if people just sit on what money they have long enough.prices will come down.we may need to watch alot of dealers go bankrupt.but that WONT hurt ANYBODYS feelings to see thieves go broke.

  • @vulcanman64
    @vulcanman64 Месяц назад

    Just to correct you, nobody is buying the tundra. Those who do regret it. I’m sure they have more recalls than even the recall king the Ford f150.

  • @slipknotron1626
    @slipknotron1626 Месяц назад +1

    Corporate greed....

    • @markholubetz
      @markholubetz  Месяц назад

      Yes for sure m. Make it easier on the buyer and they will come

  • @gavinbrake5672
    @gavinbrake5672 Месяц назад

    Don't buy until the dealers are more desperate.

  • @Jdjskjxsi
    @Jdjskjxsi Месяц назад +3

    Still too high ~~~~!
    Not buying

  • @Aikynbreusov
    @Aikynbreusov Месяц назад +2

    Haha....amazing deals for a bunch of awful cars is not an awesome buy...

  • @winnie8592
    @winnie8592 Месяц назад

    Nice incentives to buy a car? Great deals? What have you been smoking because I’m gonna tell you what there is no way I’m gonna let somebody gouge me. These companies are gouging. I think the majority of us are just gonna hang onto what we got and fix it and tell them go stick it where the sun don’t shine.

  • @patrickhickman8723
    @patrickhickman8723 Месяц назад +3

    literally said nothing 8:42

  • @matturner7763
    @matturner7763 Месяц назад +3

    The big problem is the Obama, Biden's administration. Hopefully Trump can surround himself with a better group this time.