INSIDE LOOK At A Used Car Dealer Auction
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- Опубликовано: 5 мар 2024
- Dealers Getting CRUSHED! CRAZY Prices At CAR AUCTION
In this video you will get to see what car dealers are actually paying for their cars and trucks at auction!
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices 
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Idk why I watch every episode. I never knew watching some dude talk about cars and auctions was so entertaining to me lol keep up what you’re doing man i appreciate it 😂
That's these kind of channels are better than 90% of the crap that's currently on tv. The Car Edge guys are entertaining. Also the Autoguy from Utah I watch.
I just put him on speaker while am showering to fill the void in my lonely room as I can't even afford a car cause I make minimum wage in california at 35
I'm done with them. This guy is awesome though. @@vibeworldmeta
Lol right?
He's a Canary in the Coal Mine... Good info at ground level, especially nowadays
I like this guy. He the "everyman" we relate to. No gimmicks, no over-perfomative dance the other youtubers seem to all do. Just a straight shooter
Facts
If a dealership can't clean the trash out of the car I absolutely will not even look at it. If a dealer puts that on their website I wouldn't buy from them at all out of principle.
its dealer auction, not retail
It should still be cleaned up. Pure lazy.
time is money. put time into it to clean means they need more out of it.
Sounds like these cars were originally intended to be sold at a/their dealership. No one wanted to pay their outrageous prices so they are cutting their loses at auction.
If it makes a car cheaper then for low spenders ie people who are not middle class such are potential opportunities provided there isn't too much needed to get said cars back on the road in a respectable condition. That all said bio cars are often a hard sell especially if there are needles or a lot of mold etc.
I had my income tax on Thursday and by the following Monday I was broke but all the bills were caught up, one credit card paid off, and in a position to make progress on debt.....def not buy an overpriced piece of metal when the dealer offered me 500 for my trade in I was insulted...
Congrats and good for you on money management.
When the dealer offered me $500 I told him I wanted a second opinion. "Ok" he said, "Your overweight too.",
A NISSAN "MISTAKE" 😂 I ALMOST FELL OUT OF MY CHAIR LAUGHING!!!
Ditto!
@@JLJr-qg4bk dildo?
Made me sub😂😂😂😂
"says here, now is paperweight" 🤣🤣🤣 Nailed it! Loved that description.
lol - the paint looked great! 😂🤣👍🏻
You’re going to be in good shape - the bell curve has shifted to cheaper cars. New car dealers are going to be in trouble when they realize tax season isn’t going to be good.
I didn't see a single car I would be interested in. Dealerships are dumping the garbage first lol.
I love watching this stuff even though I'm not in the market for a car, not a dealer, not a car enthusiast. It's just very interesting and the gentleman I don't know his name something is comforting about him
Can just tell he's a good genuine human being. Rare now a days ❤
One serious question.... If everybody's brand is luxury nowadays, why is the quality crap for over a hundred thousand dollars?
Because they still find enough uneducated or uncaring buyers to make enough profits to satisfy their shareholders and keep their stock prices high!
Starting a 2020 Chevy TWO WHEEL DRIVE at $26k is freakishly stupid!! Sellers be crazy!! Even at $21k that's nuts!
Freakishly stupid is what people are paying for 3rd gen Tacomas. Rolling junk yet the cult still think it's a good investment for pay $30k+ for a 3rd gen Tacoma. Forums loaded with angry and confused buyers realizing their used Tacomas have issues. Consumer Reports rating the Tacoma as the least reliable midsize truck for 3 or 4 years in a row. Yet bozos are paying $30k+ for a high mileage 3rd gen.
With 76k miles 2017*
No worse than the freeeakishly stupid people paying $30k for a used 3rd gen Tacoma with 100k miles. They have to completely oblivious to all the mechanical issues with that generation of Taco.
Thats the stupid truck market now.
Ironically with that chocolate bar that’s what buying a car feels like you go to the cars website and see 30k for a car. When you go to the dealership you get hit with all the add ons and extra crap they add on and boom you just got your self a 50k car when you factor interest for 5 years and added crap you didn’t need haha😂😂
Same
interest is going to be way higher with these rates
Well it's your responsibility to not buy add ons that you don't need.....
I have to say I'm no longer in a rush just seeing this industry get hammered.
That Escalade has definitely been beat on and you can pretty much guarantee the maintenance was neglected.
I wonder what the full story is on that car, and cars like it. Escalades aren't cheap -- is this another in the Parade of Broken Dreams (someone bought something they THOUGHT/HOPED! they could afford, and turned out they couldn't?)
For as nice as it looks exterior, the inside is a pig sty.
Imagine buying such an expensive vehicle and then ignoring its maintenance. Some people have too much money!
@@MishMash22 Too much money, not enough intelligence. And so their once-pretty toy winds up here, looking like this.
@flyingspirit3549 drug dealer car.
Plopped down a lot of money to get it. Bet it up and didnt keep up payments, or got locked up.
I am a Detailer and I know a guy who buys cars at auctions. He brings them to me to clean and makes the good money. I have a 2016 XC90 and love it.
I was an auction driver for my friends small dealership. Travel time is one part of the job. In addition to driving, I wandered the pre-auction lines, looking for cars he would be interested in. We both busted our tails...all day long...watching auction lanes..and outside scoping out incoming cars...often in miserable upstate NY weather.
We'd come back to the store exhausted. It is hard work people!
Remember the 1990's Gm white cars peeling? Pepperidge Farms remembers. I had a 1996 white Beretta that the WHITE paint peeled on....
"Pepperidge Farms remembers" -- LOVE IT!
Toyota also had an extended warranty on many of their white cars from the mid 2000s to mid 2010s. Pepperidge Farms remembers that, as well.
And it seemed like every car painted blue was peeling back in the 90s
To this day I have never seen a white Chevy van without chipping paint.
My white 2018 f150 is peeling, both front fenders in the same place, by the grill
Water based paints and primers.😮
Thinner also in many cases
Exactly right,and all the plastic components under the hood and low quality metals= overpriced piles of crap.
@@MAhole617I think you are right. I heard an old joke a long time ago where God whacked a painter and said, repaint, repaint and thin no more.
Is this why so many Hondas have fading paint? Even new ones are in pretty rough shape when you look at the paint.
Yeah, this started in Europe. Sorry 😮
I luv the auction play by play! Tax time buying is wild! Better action than a hot dice table. Thnx!
My 1983 GMC 2500 Diesel has sat outside its entire life. I live in snow country and in the summer, I go to the city of Redding, CA where it is 115 degrees at times. I washed the truck one time in 10 years. This last summer, I washed and polished the paint. It shines like my neighbor's 2023 Mercedes... The paint is perfect. AND my truck is a wood hauling truck!!! Yes, older paint is a lot better that the junk they have on cars these days. Of course, my old 1989 Ford F250, that I had in the mid 90s had half the paint peeling. I bought the truck used with 60,000 miles on it, went to the Ford dealership and they had Ford itself pay to have my truck repainted at an independent shop near my house for free (50 miles from the Ford dealership). Try to get that kind of loyalty today from any manufacturer.
Yep. '83 Chevy C-10 here. Great paint even in the bed where I regularly haul dirt, gravel and masonry blocks - no rust. Original engine and trans too!
@@madcowusa4277 Same here. I have the slow, but steady 6.2 ltr Detroit Diesel, with a 3 spd manual with granny gear. Great for going into the National forest to get wood. It can't go much faster than 60 mph, but it sure has been reliable.
Loving the more frequent vids, Brandon. The auctions are always my favorite part. Cheers, amigo!
Awesome...our plan is to get one out every Mon wed Fri for a while and see how they do
You should be looking at the SUGAR content of your food much more than the calories. SUGAR is what’s bad and gains weight. I lost 40 lbs when I cut out sugar.
Well done! Congratulations!
yep, someone gets it...
that is why alcohol causes so much weight gain, it turns into sugar
The paint issue you are seeing is when manufacturers had to switch to water based paints and they didn't have the formula perfected for different variables like solvent based paints
In a few months floor planning providers will start snatching up entire lots full of cars to dump in the auction. I think that will start mid summer and peak around Sept. '24 through tax time '25/.
I like the new format. Viewing a vehicle then showing it on the auction.
The time to pay dues are fast approaching. The debt repayment for most in the U.S.A. will be very painful & long lasting. Big surprise's instore for many.
"Makes me want to throw up" 😂😂😂😂😂
I love your videos when your not behind the desk, unless your interviewing a guest?!!
Brandon, you were on your game today with the commentary, you had my old ass cracking up!!! Keep up the videos in the field!
Got a crew cab with bench seat like that and its ideal for my 4 kid family to the park and beach. Getting harder to find the bench seats these days when the built in consoles with subwoofers are boss.
Yeah, I love the bench seat in my 2011 Silverado. I usually leave the console up and out of the way. I use the storage under the center instead of the storage over the center of the seat.
I'd never go to an auction like this for fear that I might scratch my balls and end up buying a car.
Most manufactures have switched to environmentally friendly water based paints! The paint & finish just doesn't hold up to Father Time like the old paints of years ago did!
I would stay away from any Nissan with a cvt transmission.
Yep. 2020 nissan was what my friend bought. 80k the trans went. 5k to fix it. They wanted to give 1,000 for trade in. I put a used trans in for him and he sold it for 6500 bucks. He had 1,500 in the trans. He made out much better.
I'm up in Canada. I bought a new 2022 honda civic Touring back in 2021 for around 30K. The used car market up here is so insane that I saw someone try and sell my exact car with 35000 KM (21747 Miles) and light body damage for 40000 dollars. That blew me away.
I love learning about how dealers buy and sell vehicles to each other. Thanks for the video
These auction episodes are educational and have a way of 'gamifying' the content as we see the scores on these cars. I learn a lot from this channel. Keep NC rockin' Brandon! LOL
Love this format of video.. Jumping between picking over the vehicle on the lot to the actual roll thru the auction lane.
Interesting / educational and entertaining 😏😆
Your knowledge is invaluable! Appreciate all the Work!
Worked auctions in Kenly, Statesville, Greensboro Monday thru Wednesday. Fredericksburg VA one week on Thursday Darlington SC the next. For years. Loved it.
Enjoy your channel ! Appreciate seeing what cars sell for at auction.
Part of the paint problem is with the switch to aluminum body panels. My BIL ran a body shop for many years and he said the aluminum used on Ford trucks didn't have that problem, but pretty much everything else did. The switch to water based paints didn't help either.
Thank the EPA, voting has consequences
Yeah the Mustang/Explorer lawsuit over hoods with peeling paint was brought up as a warning ahead of the 2015 F-150. Ford couldn't get paint to stick to aluminum back then and there was a lot of concern that a truck with a body totally made of aluminum would be a disaster. Seems hit or miss when it comes to the paint issue with the F-150 though.
@@tomedgar4375 Always nice to hear from the pollution is good crowd.
Chrysler had paint probs 20 years ago. Joke was if you wanted the paint to stay on, get a white one.
@steven4315 auto paint is a pretty tiny environmental impact. It gets regulated because it's low hanging fruit for low iq bureaucrats.
Appreciate the information your giving
Hey Brandon,thanks for the videos. There are a lot of channels taking about car market but you are the only one that shows the auctions. Please check some family vehicles: SUVs, Minivans, etc
I have the 6 seater with the drop down center console in my 2500. I actually really like it plus it also means I have a column shifter. To each their own 🤷🏻♂️
No one can steal it now days😅
My husband’s F150 is a “bench” seat like that and I LOVE it. Because I get to scoot over closer to him and he seats a bit closer to me and it’s nice and cute… Even with the kids on the back singing baby shark and what not… 🥰💕💕💕
But besides that, we have squeezed 6 people in his truck a few times more than I ever thought we would… Kinda handy…
🥰💕💕💕
I like watching your videos you're very knowledgeable about pricing and the makes of different cars you did a pretty good job
The 2020 Silverado has a fold down seat for a working man with a family. (Or Mexicans). I have four kids and a wife, and I'm glad to have the option. There used to be just bench seats in pickup trucks
That center seat is coveted in many families.
Watched the whole thing. Fascinating and educating.
I love watching these shows. Really teaches me a lot
The information is a guide to being successful knowing the ins and outs about cars. Keep up the good work.
About the paint, it often looks to me like there is no primer, as if they just slapped paint on top of metal. To me, paint seems to stick much better to a coat of primer than to bare metal.
Thanks again Brandon, fully agree on the food issue and celebrate your careful 'review' of the Reese's bar. Unfortunately, manufacturers in general 'own' govt agencies (see lobbying) and misleading costumers is not the exception but, the rule.
Great channel. Learned a lot!
This channel is strangely addictive lol
Brandon for Car Dealerships President! You have my vote!
Love these auction vids .
The car market says so much . Like the housing market. It's important info.
At what point does this “Tax Time” rush start to dissipate ? I’d imagine all these people flush with $2500 rebate would have filed early .
Love these videos!
Great Channel, really enjoy the content................
Glad you enjoy it!
Look at you Rockin the Lexus…. Smart man
6 people have been in my truck many many times. I like the beach seat option
Love your vids! Continued success.
Thanks so much!
I love the center front seat/bench front seat, wish it wasn't only in older cars and limited amounts of trucks now. They are cozy for big people vs the center console.
This channel never disappoints
Those cars that were detailed were sitting on a lot and weren’t selling that’s why they are at auction
As always, enjoyed the chance to "look behind the curtain" and see what really goes on in these auctions -- in a business I've had to deal with occasionally, but never be a part of. As always, your request (like and subscribe) has been honored. And I got a real laugh at your tirade against the Reese's candy bar -- now you how know the fish feels when he bites down on that nice juicy worm and feels the hook go into his mouth!
Thanks for your Time my friend.
Paint release is from the actual paint layer being too thin. (proud owner of a Lexus recall)
GM had the same problem with white paint in the 90s and 2000s. I've seen a lot of white Chevy trucks and vans with big patches of paint missing.
Definitely. I can't help but notice the GMs peeling paint.
I like that The Hershey Company candy has been asked to be more transparent. 😂
Then you point at your Lexus like an old beater and announce that you will be getting something else… at some point.
😅
This is just a fun channel.
I worked for a Nissan dealer 2012-2013. The convertible Muranos never worked right. That convertible top repair was done over and over, even after customers waiting 8-10 months for parts!
Nissan "Moronic"?
those paint areas are flaking right off. Cheap is and cheap does.
Wow....great behind the scenes view
I love this channel!...
Great video 👍
Thanks I appreciate your time.
It would be great to hear from other regions of the country or other parts of the world. Portion size and calories is just as much of a challenge to decipher reading as the fine print in a car dealers' sales contract.
And I use the center seat in my truck's front bench occasionally - joys of having 6 kids!
Brandon, it’s peanut butter and chocolate! Thanks for the videos.
Always enjoy your podcasts w/ Michael the real estate dude in FL
Michael is a great guy!
Good Afternoon Brandon 🌞🌟🤩☀️
I'm a dealer and tax money is rolling in but I'm getting a ton of clowns who are showing me screenshots of what ever the lowest online book value is, the numbers they are showing are below what the cars are going through at auction.
As for the cars that are selling its low priced units and higher priced ( for my lot) trucks.
Nissan is toxic in my area because of their CVT reputation, and Hyundai/ Kia are hard to insure.
Hard hit value wise are minivans and older Tahoes, expeditions they aren't pulling anywhere near what they were during the pandemic.
4:51 Hyundai has had a real problem with their white paint peeling off vehicles. A class action suit was filed a couple of years ago but the judge sided with Hyundai. It's very common to see vehicles from the mid to late 2000 teens with this issue. Hyundai is well aware of it but refuses to accept accountability.
Same with Toyota. Except they extended the warranty for most of their vehicles having this issue -- but only to a certain point. And they would only repaint the panels peeling before the warranty expired, even though they knew the whole car would peel eventually. Shame on Toyota as well.
Wow this guy knows what as is means. I am impressed !!!!!!!!!!!!
Finally Subscribing, I like your auction & lot videos
Thanks for the sub!
To answer your question, mid 2000 epa force manufacturer to switch to water base paint instead of solvant.
I lived near a GM Truck Dealer from 2010 to 2017. Was somewhat shocked at Truck prices at retail.
The candy bar part had me laughing.
Great Video! Thank you 🔥👏💪🫶
Glad you liked it!
Car buyer here. I buy a car about every 5 years. Really enjoy this kind of content.
For a number of years, the factory peeling paint, unless redone, is almost always due to delamination. To meet EPA requirements, for a number of years, most manufactures put less clear coat over the colors causing the color to delaminate (break down) and clear peels away. If not fixed, the color also gets weaker and the next thing you may see is base sealer and corrosion.
Thanks for the Video
You bet!
I'm keeping my 8 yr old paid off 328i. People are keeping older cars rather than going to war with car dealers over prices. Or paying for an overpriced newer car with high interest and car insurance in Florida. Thks for video.
Careful. All that lightweight plastic used in the cooling and induction systems will become brittle with heat and age. It’s not unusual to find a puddle of coolant under your car when something gives way. Replacing the broken component then becomes a series of cascade failures as every plastic part you touch breaks as you try to remove it to access the first broken part. Remember the rule of BMW - If you can’t afford to buy a new one, you can’t afford to repair an old one. 😜
Outstanding video
Some food products use smaller serving sizes in order to avoid getting banned.
For example, they can't sell anything with transfat in moar places, but if the amount is below some number *per serving,* then they're allowed to say it's, "transfat free."
It's all just a game to them.
Yes he is very intelligent and interesting to listen to good content all around entertainment and knowledge
Thanks Brandon
Very welcome
You may be a small used car dealer but the more experienced you get the better your business grows hell even one day you'll probably have multiple Lots across the state
Im not even a car person and these videos are neat.
Awesome!
Quality of most items have gone down in the last decade, for example furniture, appliances, RVs etc.
I like the extra seat space for dogs.