Not as they were 4-5 years ago... To make them affordable. You have to build based on what your customers can afford to pay, median single and married household income.
@@MikeS-7 I feel vehicle prices are high...until I look at what I make these days. Yeah, everything is more expensive but our salaries have increased about the same.
@@markholubetzDepends on your definition of "reasonable". Most people can maybe afford $700-800/month, incl insurance, for a car payment. That's a purchase price in the 30k's. And for lots of people even 35k is too much
agreed there isnt one vehicle that interests me, with the pricing and the quality, they ve all lost their minds, drive by a Toyota dealer everyday on way to work, they have 2 blocks of trucks sitting there unsold!
😂Meet the LandCruiser 79 series😂 Crank windows, rubber floors, externally adjustable mirrors, no cup holders or central locking, and terrible Bluetooth to boot… all yours for AU$80,000 (excluding costs) …and that’s for a single cab🤣🤣🤣
I had my 07 GMC Sierra WT for 300,000 . I did have to do some welding on the frame but that truck was exactly how you described it. I decided to go v8 Tundra this time. Hoping it last as long.
I agree with that concept but it is not something they have not considered. It wouldn't make money, adding 10k for each trim level is the profit model, and why during the chip shortage the automakers made the highest trim packages first. There are also safety features like rear view cameras and active collision avoidance becoming standard by law, and for GMC the bare bones base concept is not congruous with their brand.
You mentioned the chrome accents. But it's not even chrome. It's a cheap, glued on, foil that's just gonna start peeling in a few years. But for some reason, it costs another $10K.
I was just at my dealership for oil change, they were absolutely packed with trucks. The prices were insane. And one had a special lift and wheels package, and they wanted an extra $31,000 for it. Ridiculous.
I looked at getting a new Suburban this past summer. Bought an '03 instead. For cash. Did a bunch of deferred maintenance. Added some flares, a hitch, and some neoprene seat covers. Suits my needs for way less than the $1400/month out of pocket for the new one. And its 100% paid for.😊
@subaruamazon had 110k at 20 years old. Now it's at 120k with no addl problems. Last year they were built in Janesville, WI. Before all the accountant-led cost-cutting. There were other similar Suburbans available during the fall of 2023. '01-'03 k1500 with less than 120k. Sometimes less than 100k.
In the 80's and 90's, people bought pickup trucks because they were less expensive than cars. Today's consumers seem to be very happy paying $75K or even $100K plus for these shitboxes. If you go to other car channels, you can see comments with folks patting themselves on the back for only paying $75K for some shitbox that will eind up being less reliable than my 2000 Silverado. As long as folks are willing to pay, they'll keep these MSRP's very high. Just my opinion, if everyone spent like me, they never would've been able to get this high in the first place. Seriously, even $50K for a $25K pickup should make a normal person walk off that lot laughing, it has to be a joke!!!
Women drove up the prices. I literally had one respond to me stating that a backup camera is a necessity for safety. I see why the corporations wanted to empower women, how else could they sell unnecessary crap?
True,my wife still has her 84 Chevy truck in our driveway right now,she hasn’t driven it in years because,well,gas pig. It was 11 thousand dollars Cad. brand new. The new crap that is out there is all unnecessary stuff that most people don’t need. Save your money.
@vmaximus12 The corporations have built a economy based on selling to women. If they want to make something sell they say it's "safe". Just like when automakers started making SUVs. People didn't buy them cause they were more expensive. Then automakers marketed SUVs in saying they're safer than cars. Yet nothing couldn't been further from the truth. When they started that campaign in the early 90s vehicle testing companies like Motorweek showed that SUVs had a high rate for rollover.
For me ,myself and I ,I've been priced out of the car market, trying to have money for the main thing we need in life ,like food and a roof over our heads.
Yes, but you live in a car based culture. 🤷♂Even grocery shopping requires a set of wheels. You could live in a cave or in a van instead with a roof over your head, as well. 🤔
at least with ford.you know why their overcharging 35 to 50k per vehicle.to recover the money it will cost them to perform the 50 upcoming recalls.imagine that, charging you up front for buying junk.
Exactly spot on 80 +% can nowhere near qualify for those kind of payments, way too much complicated electrical crap persons DONTeven want or need, build something simple or go bankrupt
Someone making $15 an hour who is working as a cashier or some other minimally skilled (unskilled) job, should not expect to afford a $400,000 house or a $100,000 vehicle. A house and a truck in those price ranges are *LUXURIES* that a tradesman or professional has worked their whole adult lives to be able to afford. *Tradesman have learned a skill that they've mastered* over many years.* *A professional has invested their time, money and effort to get an education to be a specialist in their field.* It's ridiculous to think for one moment that a person walking off the street and slipping into a polyester uniform asking a calous-handed mason or a suit-wearing bank manager and asking if they want fries with their sandwich, deserves the salary/wages to fund a $400,000 mortgage or $1,200 truck payment.
they got crushed by accords and corollas and never learned their lesson in the 80's. I am amazed they are still around. if everyone had to drive a camry or tacoma for a year. they would all be hooked. no more gm and ram.
Chevy and GMC got bailed out by the taxpayers here and then sold half to the Chinese. They have a bad reliability rating everywhere. My neighbors friend has an awesome new Chevy and he gets to visit the dealer for problems more than he would like to.
Price is way too much. We aren't giving raises but a little bit. My income can't pay these high prices. Which is really sad because I would love to have a new vehicle.
Ford and GM giving the new makers like Tesla and now Rivian room to iron out their in house things while delivering loved cars and trucks. Once Rivian is on a good footing and can scale, trucks a plenty and high rated. Tesla too. Two years from now both could be taking market share in ways not anticipated today. Plus the giant bonus, who the f%$@ whats to go to a dealer. You think someone in their 20's or 30's, the most anti social people who where raised on the internet, want a 1970's style dealership experience? Come on.
Especially stelantis they got rid of the hemi for the giant EV turd. Mary and Jim have killed the American consumer and the dumb American consumer kept buying markups and made it to easy for them.
@neoturfmasterMVS Doubt that Rivian will be viable long enough to scale. EVs are not going to dominate. Simple reason is the required raw materials are simply not available at scale.
@@asajayunknown6290 Sure Rivian can. They are going to shutdown the Illionois factor in the next month or two, retool it to produce vehicles at a lower cost and ready for R2 and then R3 With the factory pause in 2024 for Georgia, the numbers look like Riviian has 7.8 billion in cash, should burn 2.5 billion in 2024 and another 1.5 billion in 2025 and bring out R2 and R3 by 2026 with $3.5 billion in cash and begin to turn profit. Things look real nice. Oh unelss you believe the world is ending, which well then we are all screwed.
Here in Wisconsin the lots are full too. I was lucky to recently get a rust free 98 z71 from down south. I put in a few weekends of elbow grease to straighten out a few maintenance items, sprayed the frame and underbody with fluid film to prevent rust and I'll be good for another decade
Lots of dead batteries coming up in that lot. lol A truck is just a service vehicle. Not for commutiing. Good for a snow plow, moving hay and fee around a farm. Moving tools around a construction site. That's it. Certainly doesn't NEED cloth seats, and "entertainment system" or A/C and certainly is not worth $40K+
In the real world people do use pickup trucks much more as commuters than as service vehicles. There's a perceived need based on potential but mostly imaginary loads. There's also the bragging rights that people like to exploit. They like bringing the word "truck" into conversation just so they can make some sort of mention about their truck. As you drive around take note of how many trucks that you see have anything in them. It's actually unusual to see cargo.
@@joewoodchuck3824You are proving his point. Yes, trucks have become lifestyle vehicles. but at these prices, the manufacturers are all pursuing a smaller and smaller subset of the buying public. Same issue with EVs: priced, and useful, for a specific demographic, not the general buying public. Ram/Jeep have priced themselves out of the market almost entirely. Example: $120k for a Grand Wagoneer. Jeep "quality" at a Jaguar price😅
exactly not everyone wants a huge pickup/suv..id like to get a new coupe sedan, but now that no one is making anything id consider, ill keep my 14 Caddy Cts coupe
@@asajayunknown6290 I have a medium size SUV. What I can't carry in it or on it goes on my inexpensive utility trailer which I tow with my SUV. I can transport anything that most pickup trucks can.
You know, plenty of people buy Porsche, Mercedes-Benz, Audi, Jags, Tesla Plaid high end cars of all types all well over 100,000 K. I guess auto makers feel that everyone can pay 6 figures or nearly so. In my life I've bought many new cars, but I've hit the wall with these prices. Guess I'm stuck with used from now on. No $ 1000 payments for me.
It's NOT just the Price of the new vehicles, it's actually the cost of Insurance that's keeping me personally from even buying even a used vehicle. Every 6 months, even though I haven't had any violations, tickets, DUI's etc my car insurance has doubled in the last 5 years, and that's on a 6 year old car that's never had a claim made on it.
A truck payment, gas/diesel, plus insurance going up this year will cost close to a mortgage payment or two. It’s as if employers should just hire employees on as contractors just so that the owner of the vehicle can write those expenses off. Or..,It would be a dream if the Fed would allow year end tax breaks on transportation expenses as an incentive.
I remember when I bought a new 2012 Chevy Avalanche. It cost in the mid 30’s, and I drove it eight years/ 80K miles, with only one recall for the tailgate cables. Certainly don’t want to spend 70K for a stripped down truck now.
Our farm operation is currently in need of replacing 80 trucks. However, we are unable to take any action at the moment as we cannot afford to pay double the price for a simple farm truck. The new trucks that are available in the market come with a lot of unnecessary features that we will never use on the farm. We wish we could purchase the base model trucks that are sold in Mexico.
@@subaruamazon We will wait for an opportunity or drive them another 100K miles. I recently heard about many new 2022s and 2023s in storage, and the manufacturers don’t know what to do with them. Hopefully, they will hit the market so we can buy them at a deep discount. The other option we are considering is buying a bunch of new engines and transmissions for all the trucks, which is cheaper than buying an overpriced 2024.
Looks like people are finally starting to wake up, for now at least.. Let the overpriced inventory sit around and rot out. Car dealers are gonna have to sell it somehow. Edit: I guess consumers are waking up because they have no choice with these prices.
I just found an old email from a ram dealer in California selling me a brand new 2018 2500 laramie diesel for 58k (in 2018) before taxes and fees. Now that same truck msrp is 102k!!!!!!!! prices are freaking nuts.
Between the fines for gas mileage penalties and the way it has to fund the EV wasted money, no wonder they bumped the prices up too much. If government was involved making shoes there would be a shoe shortage. They are way too involved with car makers, they need to back off, unless they want us forced out of our cars.
I now only have one car. We always had two in the past. It's not just the $55K to replace the SUV that is the issue, my insurance has doubled in 3 yrs. To add another car is over $200 per month in insurance. If I have an emergency I use Lyft, but most of the time it's no issue to share the car since I work remotely from my home office. I am saving a ton of money only having one car.
I paid $22k for a brand new all option v6 mustang in 2016, GT's were mid $30k's. Now, the base model 4cyl is $31k. Real wages have crashed through the floor, yet vehicle pricing has nearly doubled. In the recent past you could buy a brand new Lamborghini or a list of other supercars for $100k. Who in their right mind would buy a blinged out work truck for the same money?
Sold my 2021 2500 Denali 6mo ago thank God! It was a total P.O.S. falling apart. Paint chipping in all the fenders, leaking rear differential & shock with ONLY 11,600 miles. I’ll never buy another new GM.
GM’s quality and tech is SOO far behind Ford it’s insane, also 70-80k for 1/2 tons is ridiculous, mine as well get HD trucks then Just had a 2023 Chevy $50k SUV rental and the tech was worse than my old 2006 BMW ….
Im convinced Im driving the last car I'll ever own,, 2009 Tahoe, barely used $20K, 7 years ago. This is plain insanity. I had so wanted to congratulate myself on retirement with a new Pickup. Not gonna happen.
Yes truck prices are utterly ridiculous. I would love to replace my 2003 gmc sierra 1500 slt v8, which still drives well. At the time i got it, it cost me, if i remember right, 40 - 45,000. The model was recommended by every car/truck magazine. Now, most if not all of the different truck brands, are not even recommended but still got that price
These car makers think their products are living entities. I hope they all go bankrupt....then we the people will have to bail them out again with our tax money. I wish the government consult us first if we wish to help them out. And yo think they get subsidies from the government.
The problem is every new vehicle these days is over $30K and a majority can’t even afford that car payment. Something is going to give eventually. Anyone that thought a Blazer and the brand was worth more than $30K needs to rethink that decision. If I’m paying that much money I’m definitely not buying a Blazer.
I have a truck now, but it is old, and I was going to buy a new truck, until I saw the prices, and now I am just going to buy a newer used truck, or maybe even an SUV. But it will not be new, they cost way too much, the new car and truck dealerships have basically priced me out of the market for a new car or truck. I could afford to get a new truck, I am just not going to do it, because I do not want to spend that much and have payments that high for that long. So before the end of this year I am going to buy a newer used truck or SUV, and pay cash for it, because I do not want a truck payment, and I do not want to pay a dime of interest for it. Good luck selling your over-priced trucks Ford, Chevy, etc. You will not get a dime of my money for any of your brand new trucks that are at least 30% more than they should be.
Man I don't understand how in the world with a parking lot full of cars not selling and they are still sitting on a chair behind a desk doing nothing and getting paid.
Well at the stupid prices of any new vehicle and the reliability of all of them being in the toilet I guess I will just build a addition on the garage and get a nice 2 post lift and more tools to keep what I have now going
Happy with my 08 V8 Tundra. Bought NEW $20,500 + $1600 for Katzkin leather. About to hit 75,000 miles. Bet it will be good for another 75k. Measures 19+MPG AT THE PUMP - CITY driving. Have hit 25mpg + highway. Guess I should have bought 2..
These dealerships have the nerve to charge many more thousands dollars on these piles of junk, I only hope these dealerships go out of business sooner then later greed has taken over with these con dealerships can't stand them crooks...
It’s the Madden effect. If you keep buying the same thing every year, there is no incentive for the company to do better. Heck they’ll even charge you more for cheaper parts.
I live in middle of nowhere Texas and the local ford & GM dealer is overwhelmed with trucks starting at $80-100k trucks. They been sitting and are all dusty and dirty from sitting for so long on their lots
For sure. No complexity. Cheap pot metal and carbon steel bits holding a basic engine and cheap seats to boot. Garden variety everything should be cheap, but its not....
I said this in another comment, 10 years ago a loaded 1/2 ton truck was 1/10 the price of a Porsche 911 base model. Now they’re the same price that’s pure lunacy and pure gouging
My local large Chevy & Ram dealers look awesome with all those beautiful over priced trucks on their fully stocked lots. I see the trucks being washed every morning. Salesmen look lonely standing around all day. I’m glad production issues have been fixed. Now we have overpricing issues.
i work at a major auto auction...when any pickup, from any maker comes thru, they asking well over $70k..not one is selling at the wholesale level....and at the retail level, theyre not moving at all...its all about margins, and ceo salaries..
I leased a Silverado in 2021 and it wasn't loaded but was decently equipmented. Now looking at the same truck in 24 and the lease payment went up 250$ so decided to buy out my current lease.
@@markholubetz so you have greedy oem's who are still in the supply side shortage mentality of which we know there are no supply shortages still increasing their prices. The stealerships are getting spanked a little and are pulling off adm's. There are some hard headed stealerships still trying to stick it to the buyers with adms especially in FL, CA and Las Vegas. Add in 8 plus percent apr's to cool off sales. More buyers buried by greedy stealerships. This is the makings of a supply supply disaster. How will this play out? We shall see.
In 2020, December, I was selling Ford F150's XLT, FX4, Chrome Pkg, Trailer Package, Upgraded Headunit screen, Cloth seats, 3.5liter ecoboost v6, for $47,000. Automakers have to abide by Federal Govt "Regulations" and 'Requirements". THAT is what is killing the Car and Housing Market. No one wants those Rates, let alone paying Nearly Double for what it was just 3-4 Years ago. Huh 3-4 Years Ago... HMM Interesting Timeline.
My local RAM dealer has a 1500 V6 Tradesman 2WD quad cab, about as plain as you can get, advertised for $35,995 CDN. Apparently they're out there, most dealers just don't want to sell them because there's no margin.
I bought a 2022 Silverado High Country loaded in 2022 for a great price @ $6,000.00 below sticker and the 2024 Silverado high country equipped with the same options stickers over $8500.00 more than my 2022 did in just 2 years. Even I will not spend $80K for a Silverado High Country.
I may be dumb, but I'm not that dumb to buy a truck for $80,000.
That’s really gotten out of hand
What you don't like a base F150 4x4 xlt? Maybe you still remember car prices form 2019, so long ago and so gone.
I’m dumb I guess I bought a 2500 Denali put a camper on it and all I’ve done was travel and have sex. #ImDumbandlovingit
My respects to you. I wanna be dumb too. @@floridamanfishingadventure7724
Hey I want know who bought a 114,000 dollar pickup truck😂😂😂heck ok how about 80,000😂😂😂
They'll end up in bankruptcy or bailout. Nobody is paying $114k for a Yukon. Insanity
Let them go bankrupt, no bailout this is bullshit.
We bailed them out once.
I waited 7 months for an ECM.
Let go broke. But don't bail them out.
I've heard over $140K for a Z06
Usually Scammed Americans
I thought it was crazy when the Escalade passed the $100k mark, and now they want $114k for a Yukon? $80k for a Grand Cherokee? lol no thanks
$114k for a yukon 😱🤯 i’m not gonna feel bad when these dealers go bankrupt
They need to cut prices 50% to make them as affordable as they were just 4 or 5 years ago. INSANELY EXPENSIVE.
It is quite pricey, these dealers need to trim fat up top so it’s also leaner at the bottom for the buyers
Exactly right. 50% off or no sale.
Not as they were 4-5 years ago... To make them affordable. You have to build based on what your customers can afford to pay, median single and married household income.
10 years ago a 1/2 ton truck was 1/10 the cost of a Porsche 911 base model. Now they’re the same price. That’s gouging
@@MikeS-7 I feel vehicle prices are high...until I look at what I make these days. Yeah, everything is more expensive but our salaries have increased about the same.
No one should be buying anything, from any car company
There are some reasonable deals out there
agreed 100 percent.
@@markholubetzDepends on your definition of "reasonable". Most people can maybe afford $700-800/month, incl insurance, for a car payment. That's a purchase price in the 30k's. And for lots of people even 35k is too much
agreed there isnt one vehicle that interests me, with the pricing and the quality, they ve all lost their minds, drive by a Toyota dealer everyday on way to work, they have 2 blocks of trucks sitting there unsold!
The auto industry is getting EXACTLY what it deserves!
And the UAW just extorted a massive pay increase.
If they produced a stripped down pickup with rubber mats, hand crank windows with A/c and Bluetooth in the $30k range they'd sell like crazy.
Work trucks
😂Meet the LandCruiser 79 series😂
Crank windows, rubber floors, externally adjustable mirrors, no cup holders or central locking, and terrible Bluetooth to boot… all yours for AU$80,000 (excluding costs)
…and that’s for a single cab🤣🤣🤣
I had my 07 GMC Sierra WT for 300,000 . I did have to do some welding on the frame but that truck was exactly how you described it. I decided to go v8 Tundra this time. Hoping it last as long.
I agree with that concept but it is not something they have not considered. It wouldn't make money, adding 10k for each trim level is the profit model, and why during the chip shortage the automakers made the highest trim packages first. There are also safety features like rear view cameras and active collision avoidance becoming standard by law, and for GMC the bare bones base concept is not congruous with their brand.
When you deplete the middle class, are you amazed that you can't sell a new car to the lower class?
You mentioned the chrome accents. But it's not even chrome. It's a cheap, glued on, foil that's just gonna start peeling in a few years. But for some reason, it costs another $10K.
I refuse to pay a mortgage on a new truck!
I was just at my dealership for oil change, they were absolutely packed with trucks. The prices were insane. And one had a special lift and wheels package, and they wanted an extra $31,000 for it. Ridiculous.
High price + high-interest rates = dealer gets to sit on it, is that simple. Congrats to them on keeping their vehicles.
no more supply side shortages. high prices. high rates. how does this play out?
@@subaruamazon they are keeping it, bro
Maybe the dealers and factory workers will learn how to eat their cars.
@@battousai2089 if it isnt priced right, it sits. period.
As already said Mary Barra has done a great job destroying GM, now gm.Highest market share loss, highest prices ever and poorest quality ever.
My local dealers in alberta lots are filling up.
Love it
Absolutely they are. Cheers
I looked at getting a new Suburban this past summer. Bought an '03 instead. For cash. Did a bunch of deferred maintenance. Added some flares, a hitch, and some neoprene seat covers. Suits my needs for way less than the $1400/month out of pocket for the new one. And its 100% paid for.😊
those are better. how many miles?
@subaruamazon had 110k at 20 years old. Now it's at 120k with no addl problems. Last year they were built in Janesville, WI. Before all the accountant-led cost-cutting. There were other similar Suburbans available during the fall of 2023. '01-'03 k1500 with less than 120k. Sometimes less than 100k.
@@asajayunknown6290 sad how accountants ruin product.
In the 80's and 90's, people bought pickup trucks because they were less expensive than cars. Today's consumers seem to be very happy paying $75K or even $100K plus for these shitboxes. If you go to other car channels, you can see comments with folks patting themselves on the back for only paying $75K for some shitbox that will eind up being less reliable than my 2000 Silverado. As long as folks are willing to pay, they'll keep these MSRP's very high. Just my opinion, if everyone spent like me, they never would've been able to get this high in the first place. Seriously, even $50K for a $25K pickup should make a normal person walk off that lot laughing, it has to be a joke!!!
Women drove up the prices. I literally had one respond to me stating that a backup camera is a necessity for safety. I see why the corporations wanted to empower women, how else could they sell unnecessary crap?
True,my wife still has her 84 Chevy truck in our driveway right now,she hasn’t driven it in years because,well,gas pig. It was 11 thousand dollars Cad. brand new. The new crap that is out there is all unnecessary stuff that most people don’t need. Save your money.
@@thystaff742I still have trouble understanding how they made backup cameras mandatory.🤑
@vmaximus12 The corporations have built a economy based on selling to women. If they want to make something sell they say it's "safe". Just like when automakers started making SUVs. People didn't buy them cause they were more expensive. Then automakers marketed SUVs in saying they're safer than cars. Yet nothing couldn't been further from the truth. When they started that campaign in the early 90s vehicle testing companies like Motorweek showed that SUVs had a high rate for rollover.
For me ,myself and I ,I've been priced out of the car market, trying to have money for the main thing we need in life ,like food and a roof over our heads.
Exactly
Yes, but you live in a car based culture. 🤷♂Even grocery shopping requires a set of wheels. You could live in a cave or in a van instead with a roof over your head, as well. 🤔
I have a car that's fully paid for can keep it a bit longer if needed 🙃
No way in hell am I buying an $80K truck. They are stupid if they think they will force America to buy at that price.
Yep, 6k no where near enough of a discount. These vehicles decreased from 58k to 52k when it’s only a 30k vehicle. Not gonna happen.
its true, they do look like angry appliances.nothing like going into debt to drive an angry toaster from hell.
Good analogy!
Haha nice
at least with ford.you know why their overcharging 35 to 50k per vehicle.to recover the money it will cost them to perform the 50 upcoming recalls.imagine that, charging you up front for buying junk.
Haha great point. Transparency is king
Houses 400K Trucks 100K most jobs pay 15:00 hour !?
Exactly spot on 80 +% can nowhere near qualify for those kind of payments, way too much complicated electrical crap persons DONTeven want or need, build something simple or go bankrupt
Someone making $15 an hour who is working as a cashier or some other minimally skilled (unskilled) job, should not expect to afford a $400,000 house or a $100,000 vehicle.
A house and a truck in those price ranges are *LUXURIES* that a tradesman or professional has worked their whole adult lives to be able to afford.
*Tradesman have learned a skill that they've mastered* over many years.*
*A professional has invested their time, money and effort to get an education to be a specialist in their field.*
It's ridiculous to think for one moment that a person walking off the street and slipping into a polyester uniform asking a calous-handed mason or a suit-wearing bank manager and asking if they want fries with their sandwich, deserves the salary/wages to fund a $400,000 mortgage or $1,200 truck payment.
@@rattlecat5968 well Lade Lade Da !!
@@MikeKelsoJr🤣 You've said more than enough 🤣
And no thank you. I don't want fries with my burger. 😁
@@rattlecat5968 well Ladi Ladi Dah !!
I work for GM service, this is the tip of the iceberg. 😢
I totally believe it
please explain.
The big 3 was warned starting in the 60s and 70s and the imports are still kicking their asses. All these years later ,they cant figure it out. Sad
they got crushed by accords and corollas and never learned their lesson in the 80's. I am amazed they are still around. if everyone had to drive a camry or tacoma for a year. they would all be hooked. no more gm and ram.
I, like many others wa a die hard Chevy guy. Bought a 2006 Corolla and have been Toyota ever since . Screw GM ! @@subaruamazon
And that blazer is 58,000, with that money you can buy a rx350 Lexus that’s way way better
Chrysler is no longer part of the so called big three. Toyota, Honda build and sell more vehicles in North America than Stellantis.
@@kaiserbillxiv1245 you know what i mean. used to be the big eight with accounting firms. how many left?
Chevy and GMC got bailed out by the taxpayers here and then sold half to the Chinese. They have a bad reliability rating everywhere. My neighbors friend has an awesome new Chevy and he gets to visit the dealer for problems more than he would like to.
They are going to suffer for a long long time
yes
Price is way too much. We aren't giving raises but a little bit. My income can't pay these high prices. Which is really sad because I would love to have a new vehicle.
We all would like new but these prices are so ridiculous thats its worth waiting for awhile
Mary Barra has made a mess out of GM. Same with Farley at Ford. They both should get tossed out the window. They are killing these car companies.
CEOs have been some detrimental decisions
Ford and GM giving the new makers like Tesla and now Rivian room to iron out their in house things while delivering loved cars and trucks.
Once Rivian is on a good footing and can scale, trucks a plenty and high rated. Tesla too. Two years from now both could be taking market share in ways not anticipated today.
Plus the giant bonus, who the f%$@ whats to go to a dealer. You think someone in their 20's or 30's, the most anti social people who where raised on the internet, want a 1970's style dealership experience? Come on.
Especially stelantis they got rid of the hemi for the giant EV turd. Mary and Jim have killed the American consumer and the dumb American consumer kept buying markups and made it to easy for them.
@neoturfmasterMVS Doubt that Rivian will be viable long enough to scale. EVs are not going to dominate. Simple reason is the required raw materials are simply not available at scale.
@@asajayunknown6290 Sure Rivian can. They are going to shutdown the Illionois factor in the next month or two, retool it to produce vehicles at a lower cost and ready for R2 and then R3
With the factory pause in 2024 for Georgia, the numbers look like Riviian has 7.8 billion in cash, should burn 2.5 billion in 2024 and another 1.5 billion in 2025 and bring out R2 and R3 by 2026 with $3.5 billion in cash and begin to turn profit.
Things look real nice. Oh unelss you believe the world is ending, which well then we are all screwed.
Here in Wisconsin the lots are full too. I was lucky to recently get a rust free 98 z71 from down south. I put in a few weekends of elbow grease to straighten out a few maintenance items, sprayed the frame and underbody with fluid film to prevent rust and I'll be good for another decade
Lots of dead batteries coming up in that lot. lol A truck is just a service vehicle. Not for commutiing. Good for a snow plow, moving hay and fee around a farm. Moving tools around a construction site. That's it. Certainly doesn't NEED cloth seats, and "entertainment system" or A/C and certainly is not worth $40K+
Yes manufacturers have marketed these to the wrong demographic
In the real world people do use pickup trucks much more as commuters than as service vehicles. There's a perceived need based on potential but mostly imaginary loads. There's also the bragging rights that people like to exploit. They like bringing the word "truck" into conversation just so they can make some sort of mention about their truck.
As you drive around take note of how many trucks that you see have anything in them. It's actually unusual to see cargo.
@@joewoodchuck3824You are proving his point. Yes, trucks have become lifestyle vehicles. but at these prices, the manufacturers are all pursuing a smaller and smaller subset of the buying public.
Same issue with EVs: priced, and useful, for a specific demographic, not the general buying public.
Ram/Jeep have priced themselves out of the market almost entirely. Example: $120k for a Grand Wagoneer. Jeep "quality" at a Jaguar price😅
exactly not everyone wants a huge pickup/suv..id like to get a new coupe sedan, but now that no one is making anything id consider, ill keep my 14 Caddy Cts coupe
@@asajayunknown6290 I have a medium size SUV. What I can't carry in it or on it goes on my inexpensive utility trailer which I tow with my SUV. I can transport anything that most pickup trucks can.
I paid 49k cdn for my 2019 trailboss custom new. I’d never rebuy the same truck with today’s prices. Just insane. Dealers can keep them.
You know, plenty of people buy Porsche, Mercedes-Benz, Audi, Jags, Tesla Plaid high end cars of all types all well over 100,000 K. I guess auto makers feel that everyone can pay 6 figures or nearly so. In my life I've bought many new cars, but I've hit the wall with these prices. Guess I'm stuck with used from now on. No $ 1000 payments for me.
Make 2 door 6 speed manual 6ft basic truck for under 20K
They're not intelligent enough to do something like that, they're too greedy
It's NOT just the Price of the new vehicles, it's actually the cost of Insurance that's keeping me personally from even buying even a used vehicle. Every 6 months, even though I haven't had any violations, tickets, DUI's etc my car insurance has doubled in the last 5 years, and that's on a 6 year old car that's never had a claim made on it.
A truck payment, gas/diesel, plus insurance going up this year will cost close to a mortgage payment or two. It’s as if employers should just hire employees on as contractors just so that the owner of the vehicle can write those expenses off. Or..,It would be a dream if the Fed would allow year end tax breaks on transportation expenses as an incentive.
All businesses are putting outright profit above worker loyalty knowing people are desparate and can often be take. Advantage of
How are they to sell trucks if the PEOPLE ARE BEING LAID OFF ?
There are now more jobs than ever
Or when living expenses, gas, food, etc... Has increased 30% or more, how do they expect us to pay 50% more for a vehicle?
Lol@@helpAmerica1
People who live within their means for years can afford new vehicles.
@@appleiphone69 10% interest rates on 70K.... Lol 🤦♂️🤦♂️
I know I'm fixing my old truck prices are HIGHLY RIDICULOUSLY CRAZY
I remember when I bought a new 2012 Chevy Avalanche. It cost in the mid 30’s, and I drove it eight years/ 80K miles, with only one recall for the tailgate cables. Certainly don’t want to spend 70K for a stripped down truck now.
I can pay these prices but revised to. Bought a used, low mileage truck from an individual. Couldn’t be happier.
It's so crazy trucks cost same as Mercedes Benz S-Class 😫
I bought a 2014 Nissan Altima in Dec. 2020 for 5,000 cash. Its still riding good, interest rates are to high for me😮
Our farm operation is currently in need of replacing 80 trucks. However, we are unable to take any action at the moment as we cannot afford to pay double the price for a simple farm truck. The new trucks that are available in the market come with a lot of unnecessary features that we will never use on the farm. We wish we could purchase the base model trucks that are sold in Mexico.
Wow talk about a lot of trucks needed. what are you going to do?
@@subaruamazon We will wait for an opportunity or drive them another 100K miles. I recently heard about many new 2022s and 2023s in storage, and the manufacturers don’t know what to do with them. Hopefully, they will hit the market so we can buy them at a deep discount. The other option we are considering is buying a bunch of new engines and transmissions for all the trucks, which is cheaper than buying an overpriced 2024.
@@newmoneymarcus can ur trucks make it 100k? What are you guys driving now. what an operation - 80 trucks. that is something huge. what kind of farm?
Looks like people are finally starting to wake up, for now at least.. Let the overpriced inventory sit around and rot out. Car dealers are gonna have to sell it somehow.
Edit: I guess consumers are waking up because they have no choice with these prices.
I only buy American cars over 45 years not anymore no union vehicles for me ever
good plan
Don't let Fred Durst at car questions answered see this. He's afraid to mention anything about GM. Big time GM fan boy.
haha nice
GM Dodge and Ford are total junk Boxes as well suckers
I just found an old email from a ram dealer in California selling me a brand new 2018 2500 laramie diesel for 58k (in 2018) before taxes and fees. Now that same truck msrp is 102k!!!!!!!! prices are freaking nuts.
Cheaper in a beater!
GM hasn't been good at quality and slacking on the dependent reliability part as well for a long time now..
Not just GM, all new car prices are insanely high but what’s even worse is reliably is way down on the big 3.
Used car sales are the majority at my local Chevy store. The car hauler is burning up the roads, heading to the auctions.
For sure people are having to step to a more affordable tier
Between the fines for gas mileage penalties and the way it has to fund the EV wasted money, no wonder they bumped the prices up too much. If government was involved making shoes there would be a shoe shortage. They are way too involved with car makers, they need to back off, unless they want us forced out of our cars.
I agree, govt has no place in private enterprise
@@markholubetz Well, they are supposed to provide the stability needed for large capital investments, we're not even getting that now.
They do want us out of our vehicles....then buy an electric vehicle....😢
@@steverugerguy9606 Pol Pot in Cambodia forced everyone out of their vehicles and into mud huts. Here, they just pass out tents to the homeless.
I now only have one car. We always had two in the past. It's not just the $55K to replace the SUV that is the issue, my insurance has doubled in 3 yrs. To add another car is over $200 per month in insurance. If I have an emergency I use Lyft, but most of the time it's no issue to share the car since I work remotely from my home office. I am saving a ton of money only having one car.
Thats actually a really good plan.
I paid $22k for a brand new all option v6 mustang in 2016, GT's were mid $30k's. Now, the base model 4cyl is $31k. Real wages have crashed through the floor, yet vehicle pricing has nearly doubled.
In the recent past you could buy a brand new Lamborghini or a list of other supercars for $100k. Who in their right mind would buy a blinged out work truck for the same money?
Sold my 2021 2500 Denali 6mo ago thank God! It was a total P.O.S. falling apart. Paint chipping in all the fenders, leaking rear differential & shock with ONLY 11,600 miles. I’ll never buy another new GM.
GM’s quality and tech is SOO far behind Ford it’s insane, also 70-80k for 1/2 tons is ridiculous, mine as well get HD trucks then
Just had a 2023 Chevy $50k SUV rental and the tech was worse than my old 2006 BMW ….
GM has poor quality control on their electronics. Buy a used and try to save where you can.
Waiting 3 years to buy a new truck. I’m not paying double what they were 3 years ago. Prices are more than I paid for my first new house. 🇨🇦
For sure, I know inflation is a thing but this is out of control.
Im convinced Im driving the last car I'll ever own,, 2009 Tahoe, barely used $20K, 7 years ago. This is plain insanity. I had so wanted to congratulate myself on retirement with a new Pickup. Not gonna happen.
I hear that. These prices are nothing g less than a gouge fest
You're better off. All the new stuff sucks now. Constantly in the shop. All junk.
They want us all riding the bus folks…….
I know, right?
The only thing Toyota doesn't have is the monster suspension and towing gears.
Yes truck prices are utterly ridiculous. I would love to replace my 2003 gmc sierra 1500 slt v8, which still drives well. At the time i got it, it cost me, if i remember right, 40 - 45,000. The model was recommended by every car/truck magazine. Now, most if not all of the different truck brands, are not even recommended but still got that price
Totally agree
Medium size trucks, dude shows a HOUSE. wow the standard is so different in USA
Haha, cheers. That’s fair.
Yeah Germany really screwed us back in the 60s
They do it big in Canada too!!! I was quite impressed with Toronto😂
These car makers think their products are living entities. I hope they all go bankrupt....then we the people will have to bail them out again with our tax money. I wish the government consult us first if we wish to help them out. And yo think they get subsidies from the government.
The problem is every new vehicle these days is over $30K and a majority can’t even afford that car payment. Something is going to give eventually. Anyone that thought a Blazer and the brand was worth more than $30K needs to rethink that decision. If I’m paying that much money I’m definitely not buying a Blazer.
I have a truck now, but it is old, and I was going to buy a new truck, until I saw the prices, and now I am just going to buy a newer used truck, or maybe even an SUV. But it will not be new, they cost way too much, the new car and truck dealerships have basically priced me out of the market for a new car or truck.
I could afford to get a new truck, I am just not going to do it, because I do not want to spend that much and have payments that high for that long. So before the end of this year I am going to buy a newer used truck or SUV, and pay cash for it, because I do not want a truck payment, and I do not want to pay a dime of interest for it.
Good luck selling your over-priced trucks Ford, Chevy, etc. You will not get a dime of my money for any of your brand new trucks that are at least 30% more than they should be.
that seems to be the sentiment. how does this play out?
If the quality was really good, maybe they could justify those prices. But it's not even close to good.
good point. they are a rip off and garbage. go figure.
FJB
Cheers
30% increase in sticker prices, 30% decrease in sales, manufactures probably still make the same profits, they don't give two craps.
Thank You Mark, Your doing an Excellent Job, Thank you, Robert
Man I don't understand how in the world with a parking lot full of cars not selling and they are still sitting on a chair behind a desk doing nothing and getting paid.
Spot on report
Thanks very much
Paying over 40k for a halfton is insane.
Truly ridiculous
Well at the stupid prices of any new vehicle and the reliability of all of them being in the toilet I guess I will just build a addition on the garage and get a nice 2 post lift and more tools to keep what I have now going
Happy with my 08 V8 Tundra. Bought NEW $20,500 + $1600 for Katzkin leather. About to hit 75,000 miles. Bet it will be good for another 75k. Measures 19+MPG AT THE PUMP - CITY driving. Have hit 25mpg + highway. Guess I should have bought 2..
07 camry 146k. your truck is just broken in. change oil every 5k and let the stealerships sit and stew. let it sit. if it isnt priced right it sits.
@subaruamazon Yep. Serviced every 5k miles with all service recommendations at the dealer. Last one cost me like $800. But better than a car payment.
I have a 2000 Tundra with only 260,000 miles , Couple of minor problems. Love it !
@@stewartsmith1947 those can go 300 to 400k.
30yrs at 0%
Some people would
Government motors to expensive ,go figure
yes
Hard to buy one of those trucks even with 2 part time jobs!! 😢😢😢
Just spent 1300 on my 2013 Journey RT 7 seater to get my 2 year MVI (Nova Scotia).Still in great shape,low KMs,V6 and no 800 payments
In certain neighborhoods in The U.S. you can buy a house for $114,000. Maybe not a neighborhood you want to stay in but still…..THAT IS INSANE‼️
I know, right
Actually, in the correct state, you can buy (a home for 114,000)in a good neighborhood. Some states are like the car dealer (way overpriced).
That's like saying how you can still buy a used car for dirt cheap, but what are you getting, a hooptie with 200k+ miles.
These dealerships have the nerve to charge many more thousands dollars on these piles of junk, I only hope these dealerships go out of business sooner then later greed has taken over with these con dealerships can't stand them crooks...
It’s the Madden effect. If you keep buying the same thing every year, there is no incentive for the company to do better. Heck they’ll even charge you more for cheaper parts.
I live in middle of nowhere Texas and the local ford & GM dealer is overwhelmed with trucks starting at $80-100k trucks. They been sitting and are all dusty and dirty from sitting for so long on their lots
Thanks Joe
It's disgusting. They don't know when to stop guessing. Nothing should be over 60k. Base truck should be 26k. It's a box an engine and a trans.
For sure. No complexity. Cheap pot metal and carbon steel bits holding a basic engine and cheap seats to boot. Garden variety everything should be cheap, but its not....
Out in the real world, people are buying Chevy Colorados and more reasonably priced units.
GM can get bailed out by our Corrupt Govt though.
totally right, people are buying the smaller more cost effective rides
I said this in another comment, 10 years ago a loaded 1/2 ton truck was 1/10 the price of a Porsche 911 base model. Now they’re the same price that’s pure lunacy and pure gouging
The trim on the chevys are ass. I remember a tahoe z71 back in 06. Fully loaded with lots of leather, tv, memory, etc. Z71 is like an LS these days.
Exactly that Z looks so basic, clearly not worth it
As a Canadian, I refuse to mortgage a vehicle.
Okay I thought you looked familiar.. lol hooray for the 2 RUclips channels ❤❤❤..
thanks very much
My local large Chevy & Ram dealers look awesome with all those beautiful over priced trucks on their fully stocked lots. I see the trucks being washed every morning. Salesmen look lonely standing around all day. I’m glad production issues have been fixed. Now we have overpricing issues.
This is stressful. I need a sandwich. Go oilers!
Haha ra ra oilers. Maybe they take the cup this year?
@@markholubetz anybody but the leafs bud! I'm on leafs hate watch.
i work at a major auto auction...when any pickup, from any maker comes thru, they asking well over $70k..not one is selling at the wholesale level....and at the retail level, theyre not moving at all...its all about margins, and ceo salaries..
I leased a Silverado in 2021 and it wasn't loaded but was decently equipmented. Now looking at the same truck in 24 and the lease payment went up 250$ so decided to buy out my current lease.
Even after the price drop, still a rip-off. These vehicle prices are insane.
Hey mark add the 8 percent apr's and you snuff the buying fire out.
Absolutely, people really can't afford that
@@markholubetz so you have greedy oem's who are still in the supply side shortage mentality of which we know there are no supply shortages still increasing their prices. The stealerships are getting spanked a little and are pulling off adm's. There are some hard headed stealerships still trying to stick it to the buyers with adms especially in FL, CA and Las Vegas. Add in 8 plus percent apr's to cool off sales. More buyers buried by greedy stealerships. This is the makings of a supply supply disaster. How will this play out? We shall see.
In 2020, December, I was selling Ford F150's XLT, FX4, Chrome Pkg, Trailer Package, Upgraded Headunit screen, Cloth seats, 3.5liter ecoboost v6, for $47,000. Automakers have to abide by Federal Govt "Regulations" and 'Requirements". THAT is what is killing the Car and Housing Market. No one wants those Rates, let alone paying Nearly Double for what it was just 3-4 Years ago. Huh 3-4 Years Ago... HMM Interesting Timeline.
I mean I don't want those rates but even at 2% interest I'm not paying double what the vehicle is should be worth
My local RAM dealer has a 1500 V6 Tradesman 2WD quad cab, about as plain as you can get, advertised for $35,995 CDN. Apparently they're out there, most dealers just don't want to sell them because there's no margin.
These prices are simply laughable. Jacked up prices to pay for the crazy government rush to EV's.
These car makers are simply disconnected from reality
I keep hearing Dealers can't sell trucks. But in the Northeast people are still buying them at out rages prices.
I still remember when gm new models coming out two years ago , I often saw brand new Cadillac Escalade Yukon surburban broke down on side of road .
I bought a 2022 Silverado High Country loaded in 2022 for a great price @ $6,000.00 below sticker and the 2024 Silverado high country equipped with the same options stickers over $8500.00 more than my 2022 did in just 2 years. Even I will not spend $80K for a Silverado High Country.
Sounds like an OK deal
I’m paying off a lease for my Bronco this week , a 2 year old vehicle for $16 grand with only 14,000 miles. A bargain.