Car Market Update: Prices Fall to 2 Year Lows (More Downside Ahead)

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  • Опубликовано: 20 июн 2024
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Комментарии • 1 тыс.

  • @BuddyH69
    @BuddyH69 Месяц назад +1006

    Holding onto my paid off car until it dies. It’s a Toyota thank God

    • @dotcom721
      @dotcom721 Месяц назад +68

      Lexus here lol I just put 2k into it and it should run for 10 more years

    • @NorthLVLowRoller
      @NorthLVLowRoller Месяц назад +39

      Same here Corolla with 112,000 and Scion XB with 152,000, both run great

    • @Freiheit1232
      @Freiheit1232 Месяц назад +44

      Honda Accord with 140K... Runs perfect

    • @JK-td4hi
      @JK-td4hi Месяц назад +38

      You’re all so lucky. I was young and dumb at 23 and got an Audi. It’s cost me thousands in repairs and still keeps breaking down. But it’s been paid off for 6 years. Just gonna try and hold out for another 6 months before getting rid of it. Then Lexus it is!

    • @Pocketpullin
      @Pocketpullin Месяц назад +33

      2004 Corolla with 115,000 miles running strong 🫡

  • @kucukdede
    @kucukdede Месяц назад +295

    Keep holding the lines!! Not buying.

    • @user-dd1bb4tw4r
      @user-dd1bb4tw4r Месяц назад

      That hurts the economy with everything else that is too unfortunately

    • @s.gharavi1614
      @s.gharavi1614 Месяц назад

      ​@@user-dd1bb4tw4ryou mean, hurts corporations and the ultra wealthy.

  • @Icy_Tho
    @Icy_Tho Месяц назад +265

    The prices of cars are insane. When I seen the monthly payment on some of these vehicles. I was thanking god I don’t own one 🤷🏾‍♀️ something’s got to give. We are literally drowning in inflated prices, can’t afford food & regular things. We are working just to stay above the water but for how long ?

    • @MaMa-qh4dy
      @MaMa-qh4dy Месяц назад

      Vote OUT CLUELESS Joe and everything will get back to normal in the economy.

    • @TheWolf92
      @TheWolf92 Месяц назад +22

      Not very if things keep continuing this way. Food sucks the most because we can’t just stop eating.

    • @Icy_Tho
      @Icy_Tho Месяц назад +17

      @@TheWolf92I’m fasting cause of the food issue. I went into family dollar to buy 2 things I spent $30 for 2 ITEMS this was recently

    • @bmoreblondie6301
      @bmoreblondie6301 Месяц назад

      Don't vote for Biden

    • @kcloveonaleash
      @kcloveonaleash Месяц назад +11

      I clip coupons and do digital deals from all chain grocery stores- it helps! I don't buy prepackaged anything

  • @violetagira8687
    @violetagira8687 Месяц назад +78

    Honda accord 2 doors, 2007, here with 204,000 miles on it. I am not giving up on my girl until she gets tired of me. The longest relationship I've ever had LOL

    • @joelr1112
      @joelr1112 Месяц назад

      My dad's honda is about to hit 200,000 and it is still kicking

    • @violetagira8687
      @violetagira8687 Месяц назад

      @@joelr1112 Oh absolutely, Honda's are great cars. They run to 300k-350k if you take good care of them

    • @almusaali
      @almusaali Месяц назад +1

      I had this baby time before . Wonderful car. I do miss it 😢

  • @LadyTrice89
    @LadyTrice89 Месяц назад +156

    Thank God I bought my car before the pandemic. Low miles no payments. I'm riding until the wheels fall off

    • @SSGoatanks
      @SSGoatanks Месяц назад +1

      Gen Z and new generations don't need to own cars - there are rideshares/robtaxis from Uber, Lyft, Waymo, and Zoox.

    • @auxmike718
      @auxmike718 Месяц назад

      @@SSGoatanksexcellent point!
      Never thought about it!😮

    • @ipickuptrash1640
      @ipickuptrash1640 Месяц назад

      Why not thank yourself?

  • @ColonelEviscerator
    @ColonelEviscerator Месяц назад +218

    2 year lows is still insanely high. We need low car prices compared to pre-covid price inflation.

    • @IP0Monsturd
      @IP0Monsturd Месяц назад

      Ask the UAW to give back 50% of their wages & benefits. I’m sure they will gladly do that for you.

    • @chrisredd214
      @chrisredd214 Месяц назад +16

      @@IP0Monsturd prices rose way more before the workers gained the momentum that they did. The union is not the problem

    • @IP0Monsturd
      @IP0Monsturd Месяц назад

      @@chrisredd214 ok Slick. Why not pay the workers $1000 an hour? If wages don’t affect the vehicles price why not?

    • @dustinanthony6674
      @dustinanthony6674 Месяц назад +6

      @@IP0Monsturdthe prices of the vehicles went up well over 40% over the past few years well Before the current new contract. Vehicle prices went up over 40% and during that time and UAW wages did not increase.

    • @anthonymartinez4307
      @anthonymartinez4307 Месяц назад +2

      These people have not dropped anything, higher Apr is not lower prices. Stay away let them keep their already sitting 2022 models forever lol ~

  • @NattyGymBro
    @NattyGymBro Месяц назад +85

    Not only are car prices sky high, car insurances are sky high as well. My insurance premiums on my EVs shot up over 100% this year. I'm better off driving my old full-size truck.

    • @EeeLife
      @EeeLife Месяц назад +4

      my friends who have EVs also have high insurance premiums, I roughly calculated their insurance basically eat up all their gas savings.

    • @NattyGymBro
      @NattyGymBro Месяц назад +2

      @@EeeLife basically. After this year, the cost of insurance and the rising cost of electricity pretty much wiped out any savings you'd get from saving on gas and maintenance.

    • @aa-lk6jy
      @aa-lk6jy Месяц назад +3

      home insurance is NEXT

    • @gwortman3515
      @gwortman3515 Месяц назад +4

      In Florida, the home owners insurance has extreme costs

    • @Napsteraspx
      @Napsteraspx 28 дней назад +2

      Eek. I can't even get my first car just yet because of insurance being stupid expensive.

  • @stevenporter863
    @stevenporter863 Месяц назад +205

    0:11
    They should be restocking the National Oil Reserve -not taking out. It is for emergencies, not to lower gas prices before the November election.🤦

    • @charliegirl42ify
      @charliegirl42ify Месяц назад +17

      I hope everyone fills up their tank and buys 2 weeks of groceries before they go vote!!😕

    • @pmn2821
      @pmn2821 Месяц назад +1

      Biden buying votes again.

    • @stevenporter863
      @stevenporter863 Месяц назад

      @@charliegirl42ify Yep, all the government supports are leaving about 5 minutes after the election. No reason to prop up everything then.

    • @allanjacobs5342
      @allanjacobs5342 Месяц назад +11

      This is not the 70s..in the US we have sufficient O&G to cover domestic demand and export to Europe, etc.. the constraint tends to be permitting, not deposits..we are no longer dependent on OPEC

    • @TRC19999
      @TRC19999 Месяц назад

      It’s being done on purpose. There’s an agenda they’re pushing.

  • @loblowry6282
    @loblowry6282 Месяц назад +55

    Honda Civic basic price over $30K !! ridiculous

    • @juelz4516
      @juelz4516 Месяц назад +5

      I don’t think so Tim.

    • @FreewayBrent
      @FreewayBrent Месяц назад

      You can get them for about $24,000-ish if you shop around. Closer to home, one Sacramento-area dealership recently put some on sale for just under $24,000, while another is trying to sell base models for over $27,000. But again, the key is to shop around and be willing to travel 100-200 miles from home if necessary to get the best deal.

    • @unfairsanic5089
      @unfairsanic5089 Месяц назад

      Probably you didnt shop around your area

  • @SCTR7
    @SCTR7 Месяц назад +59

    I am very fortunate my commute to work is only 6 min to and from work and my wife works from home.

  • @JEDIM4REAL
    @JEDIM4REAL Месяц назад +316

    Remember when 100k could buy you a house. Now it can barely buy a car. So crazy

    • @fardeenhasan7474
      @fardeenhasan7474 Месяц назад +22

      Not barely, it’ll buy any luxury car.

    • @fragoutrambo6381
      @fragoutrambo6381 Месяц назад

      @@fardeenhasan7474 entry level luxury

    • @samuelnavas9014
      @samuelnavas9014 Месяц назад +8

      @@fardeenhasan7474nah yea new Hondas start at like 25 and they are actually very nice even compared to old luxury cars

    • @sacredcowmars
      @sacredcowmars Месяц назад +12

      100k can buy several cars

    • @gibbysmalls4219
      @gibbysmalls4219 Месяц назад +1

      There's plenty nice new cars for half that price.

  • @stoplying2267
    @stoplying2267 Месяц назад +25

    People just need to stop buying things, if its not necessary!

    • @tabithayeldell8863
      @tabithayeldell8863 Месяц назад +1

      You are definitely talking to me with that comment!

  • @richard-rc1df
    @richard-rc1df Месяц назад +44

    You are absolutely correct on the strategic reserve situation

  • @jstncheney
    @jstncheney Месяц назад +26

    Let that inventory keep piling up.

  • @kimcissell1905
    @kimcissell1905 Месяц назад +85

    Insane car prices. My car payment and insurance will be out of control.

    • @MrQuay03
      @MrQuay03 Месяц назад +5

      Just use alternative transportation if you can

  • @ispamalot
    @ispamalot Месяц назад +31

    This is an emergency Brain i just found out we can't print oil.

  • @charliegirl42ify
    @charliegirl42ify Месяц назад +22

    I paid my 2015 Jeep off in 2023. It has a little over 81,000 miles on it. It's just getting broke in! Hanging on to it!! Thank you for the update. Frankly you are the only person I trust to tell the truth about fiat dollars, etc. God bless.

    • @XX-166
      @XX-166 Месяц назад

      Mannn you got banged on that loan

  • @Donkiko-bz1lv
    @Donkiko-bz1lv Месяц назад +60

    Cars should be 15k, suvs 20k and trucks 30k.

    • @dariodjakovic1600
      @dariodjakovic1600 Месяц назад +2

      And people should have wings but they dont

    • @Glock20AK
      @Glock20AK Месяц назад +6

      Lap dance should still be $1 but they’re not…

    • @TheOneJoe
      @TheOneJoe Месяц назад +1

      Fountain of youth should be readily available but it isn’t!

    • @matthewmcelyea2970
      @matthewmcelyea2970 Месяц назад +3

      Joe Biden should retire but he isn’t.

    • @3Dimensional3
      @3Dimensional3 Месяц назад

      The good ol days

  • @erikaxchristine
    @erikaxchristine Месяц назад +295

    This economy is killing me!

    • @MaMa-qh4dy
      @MaMa-qh4dy Месяц назад +76

      So, vote OUT CLUELESS joe!!!!!!!

    • @RSKLove
      @RSKLove Месяц назад

      @@MaMa-qh4dy, blaming Joe is not an answer. Quit consuming so damn much.

    • @righteousone1
      @righteousone1 Месяц назад +27

      @@MaMa-qh4dy Keep sending Trump your grocery money.

    • @LicPlate8VPL158
      @LicPlate8VPL158 Месяц назад

      @@MaMa-qh4dy you're literally retarded lol

    • @Vonne292
      @Vonne292 Месяц назад

      Looks like Trump I'd getting locked up and nobody but the rich can afford to vote for Biden

  • @radedemenes
    @radedemenes Месяц назад +83

    It is very irresponsible of the president to use strategic oil reserves for his own benefit. I don't understand why he is even able to do it when there's no emergency.

    • @ExcitedIsoscelesTriangle-ot4rk
      @ExcitedIsoscelesTriangle-ot4rk Месяц назад +18

      he does whatever he wants whenever he wants no repercussion

    • @matinee55
      @matinee55 Месяц назад +9

      Only 1 party allows everything

    • @kennethgordon9837
      @kennethgordon9837 Месяц назад +7

      The US is the number one producer of oil in the world. That is the least of our problems now to focus on.

    • @kimcissell1905
      @kimcissell1905 Месяц назад

      He sells it to China and Hunter profits. All while he drags us into war. Drill baby drill

    • @lilblackduc7312
      @lilblackduc7312 Месяц назад

      The U.S. produces crude that is NOT Refinable here. It has to be shipped & refined in another country. 0Biden has sabotaged our country and left Americans vulnerable.

  • @daveblackman816
    @daveblackman816 Месяц назад +95

    Still too high for me but good to see prices falling.

    • @anthonymartinez4307
      @anthonymartinez4307 Месяц назад

      They are not lower all these idiots did is cause higher insurance. So until they drop to pre Covid I’m not buying anything especially to pay higher insurance premiums so that the insurance accountant can get wealthy at my expense. Fk these people from car dealerships to insurance companies here’s a big FU!

    • @allamar9083
      @allamar9083 27 дней назад

      You really believe that? Go when dealers closed and check the window stickers.

  • @rsantero
    @rsantero Месяц назад +65

    Let's take a $1 bottle water mark it up to $4 then celebrate when it is now a steal at $2 😭😭😭

    • @WELVAS.
      @WELVAS. Месяц назад +1

      Would you rather celebrate paying $4? Prices could have stayed at that level. The gov needs to target corporations' greed so prices can come down

    • @joansalome9709
      @joansalome9709 Месяц назад +1

      Worst is to see the can of Pepsi on Walmart machines from 25 cents to $1 price 😢

    • @manuelpiston
      @manuelpiston Месяц назад

      Stop coping 🤢​@@WELVAS.

  • @80skid4ever8
    @80skid4ever8 Месяц назад +64

    Toyota just announced the pricing for their new tacoma TRD Pro. $65k and that's before the markups lol. Dead.😢😅

    • @Bvsterrrrrrrrr
      @Bvsterrrrrrrrr Месяц назад +2

      😂😂😂

    • @Gia_P.
      @Gia_P. Месяц назад +2

      I guess, they'll have to settle for the TRD model. Or the base model, oh no, no cool badging

    • @IP0Monsturd
      @IP0Monsturd Месяц назад +2

      Expensive 4 banger.

    • @roninwar9846
      @roninwar9846 Месяц назад +2

      We all have to stop buying Toyota

    • @buckoshot1979
      @buckoshot1979 Месяц назад

      Minus well get Tundra at that price.

  • @jonathansoto6366
    @jonathansoto6366 Месяц назад +57

    What he’s doing to the oil reserves should be considered a act of treason against the this nation

    • @lilblackduc7312
      @lilblackduc7312 Месяц назад +8

      That's right, plus many other things he's done that are hateful to Americans.

    • @whatta7793
      @whatta7793 Месяц назад +7

      Yup, and the condition of the southern border should be considered treason as well!

    • @ms.b9093
      @ms.b9093 Месяц назад

      Trump did the exact same thing! Pulse he stole our nuclear secrets! THATS TREASONOUS!!

    • @ms.b9093
      @ms.b9093 Месяц назад

      @@whatta7793Republicans are responsible for the border. They refused to pass their own legislation to protect it!

    • @kdfooaijfea3asdf
      @kdfooaijfea3asdf Месяц назад

      Bet you're one of those bright guys who didn't think Jan 6 was treason or that voting interference was criminal. Trying to utilize oil reserve to help Americans maintain ability to drive to work is treason? Listen to yourself. Without Biden, gas prices would've been $10+/gal. He could've just say "inflation is not real" like that moron before him and then do nothing, but he didn't and did his best to help every day Americans.

  • @HitsandHeadlines
    @HitsandHeadlines Месяц назад +46

    This guy mastered the 'huff and seem annoyed' mood

    • @bonecrusher1792
      @bonecrusher1792 Месяц назад +8

      It’s his signature style

    • @rook9309
      @rook9309 Месяц назад +6

      The “I am disappoint”, and the “that just wore me out” expression lol

    • @noreenn6976
      @noreenn6976 Месяц назад +2

      ​@@bonecrusher1792and slamming the papers on the desk during COVID

    • @GoLakers3900
      @GoLakers3900 Месяц назад +2

      He's emotionally invested in our interest. You should be thankful.

    • @gregmichaelson2399
      @gregmichaelson2399 Месяц назад +2

      Brian is the best - unbiased.
      Got it right, compare to all the others.
      I recommend you listen to him and not worry about his style.

  • @OneAron
    @OneAron Месяц назад +17

    keeping my 2005 Lexus LS430 forever. I've had it 5 years and it now has 175,000 miles.

  • @g8rayrr
    @g8rayrr Месяц назад +11

    Im a used car tech and its rough out here right now. Too may high mileage cars and their not maintained correctly. Used car market is the toughest ive ever seen it in my 20 plus year career

    • @suckthis1152
      @suckthis1152 Месяц назад

      I agree no one fixes their car anymore because of costs so there all run into the ground

  • @christaylor8337
    @christaylor8337 Месяц назад +31

    I am keeping my Ford Transit until they come for it. 262000 miles and counting.

    • @ShimmySha
      @ShimmySha Месяц назад +1

      Ford sux

    • @tamlynn786
      @tamlynn786 9 дней назад

      @@ShimmyShayes! I hate fords. Never again!

  • @JEDIM4REAL
    @JEDIM4REAL Месяц назад +27

    It's the old gas trick. Raise the prices crazy high then lower the price higher than before but lower than the crazy price. Makes you think your winning when your losing

  • @davidallen2682
    @davidallen2682 Месяц назад +14

    So glad I didn’t buy into the FOMO.

  • @joshharris7902
    @joshharris7902 Месяц назад +13

    Sitting in my 08 Tacoma rn with 280,160k miles. She cranks up everytime and has never given me any issue that was outside basic maintenance. The way these new Tacomas are priced I’ll be holding in to mine till the engine says ENOUGH 😂

    • @SeriouSXXFireworks
      @SeriouSXXFireworks Месяц назад

      Does it burn any oil?

    • @joshharris7902
      @joshharris7902 Месяц назад

      @@SeriouSXXFireworks nope, just got it maintenance about 10 days ago maybe and everything is fine (fine as in no major/ significant repair is in order)

  • @kmng3207
    @kmng3207 Месяц назад +11

    My cars are old when one will be 20 years she runs great and the other one my truck is an 09 also runs great. I have zero desire to make any changes.
    Going into our strategic reserves stealing from Paul to pay Peter it’s still 0-0. Thank you again, Brian.

    • @decadeyt5891
      @decadeyt5891 Месяц назад

      Last time I heard about stealing from Paul to pay Peter, it was in relation to pyramid schemes.

  • @spencerathearn3586
    @spencerathearn3586 Месяц назад +16

    Gas is up and car prices are through the roof here in california

    • @Yeah-its-me
      @Yeah-its-me Месяц назад +4

      Um, everything is too expensive there.

    • @camargo2012
      @camargo2012 Месяц назад

      everything is more expensive there always, and you people STILL never change voting patterns. dont come invading FL and Texas.

    • @spencerathearn3586
      @spencerathearn3586 Месяц назад +2

      ​@Yeah-its-me true and it ante coming down and which party runs california

    • @alceja3522
      @alceja3522 Месяц назад +2

      Just filled up 6.36 per gallon for premium

    • @IVvOOvVI
      @IVvOOvVI Месяц назад

      @@alceja3522 Sounds like you might be in California

  • @Glock20AK
    @Glock20AK Месяц назад +7

    $4.19-$4.59 in Alaska…..Anchorage and the Matsu valley areas.

  • @garyhirtz4392
    @garyhirtz4392 Месяц назад +8

    My car replacement cost are $800.00 per year .I buy older rebuilder cars low miles . When it' is time drive them to the junk yard. The average i pay for my cars is is 6000.dollars.

  • @kuexiong4961
    @kuexiong4961 Месяц назад +23

    The dude took less than 4yrs to undo 30yrs..imagine this dude and his administration getting another 4yrs..no more oil reserves..smh..

    • @eegernades
      @eegernades Месяц назад +2

      Preferable over trump. Won't have 9 trillion added to the deficit atleast.

    • @lostcanyon777
      @lostcanyon777 Месяц назад

      @@eegernades uh.. no.

    • @geraldreinhardt8415
      @geraldreinhardt8415 Месяц назад

      @@eegernades It's the democrats plan. YOU WILL OWN NOTHING AND LIKE IT

  • @DefinitelyNotRin
    @DefinitelyNotRin Месяц назад +7

    How is it that they're draining our emergency reserves and yet nobody talks about it? This was my first time hearing it and it's shocking. It feels like a scary time.

  • @BArtleDoo92
    @BArtleDoo92 Месяц назад +88

    Let’s be honest these car dealerships are greedy, the reason they’re dropping prices is cause they can’t turn inventory

    • @Donkiko-bz1lv
      @Donkiko-bz1lv Месяц назад +9

      Yea dropping price by like 2k 😂😂

    • @dawnfire82
      @dawnfire82 Месяц назад +1

      Yeah. Market forces. Obviously.

    • @tomcat8662
      @tomcat8662 Месяц назад +1

      Dropping prices makes them greedy?

    • @auxmike718
      @auxmike718 Месяц назад

      @@tomcat8662yes because they tack on “extras” you don’t want or need.
      Like wheel locks, undercoat, tint, alarm, scotch guard upholstery protection and more!

  • @kaikelii
    @kaikelii Месяц назад +5

    Mid Size Trucks with Full Size truck prices. Full Size Truck prices with Luxury Sports Car prices. People need to stop buying and show these auto manufacturers that we will not be scammed.

    • @Humanist920
      @Humanist920 Месяц назад

      Then their engines are blowing up after 2k miles. Just crazy

  • @johnqlunchbucket
    @johnqlunchbucket Месяц назад +23

    Cars get cheaper in Bitcoin and more expensive in dollar.

  • @dotcom721
    @dotcom721 Месяц назад +5

    Well, I have a paid off Lexus that’s 8 years old I just put new brakes, tires, belt, air filter etc and I don’t plan on selling. It’s beat aesthetically but idc

  • @rosebloom2518
    @rosebloom2518 Месяц назад +19

    Happy Friday Brian! Have an amazing weekend!☀️🌸

  • @joncarbone
    @joncarbone Месяц назад +37

    All my cars/trucks are Toyota and Honda.

    • @pmn2821
      @pmn2821 Месяц назад +1

      One Mercedes, two Cadillacs, love em.

    • @camargo2012
      @camargo2012 Месяц назад +7

      Ford househould here, bought brand new in 2001 400k miles on each truck now(F150 and Sport Trac) not gonna let them go. reliable as hell and maintained by the book.

  • @ryaj2356
    @ryaj2356 Месяц назад +40

    We’ve been pulling oil out of the oil reserve without replacing it. We will be doomed.

    • @Braxtonkai
      @Braxtonkai Месяц назад +2

      we'll be stuck, exactly where they want us to introduce 15 minute cities

    • @americandissident9062
      @americandissident9062 Месяц назад

      In 2023 the reserve was over 400 million barrels. In 2003 it was around 250 million barrels.

    • @whatta7793
      @whatta7793 Месяц назад +4

      @@americandissident9062 and before this administration, it was just shy over 750 million barrels. ~750m to ~350m now, it has been more than cut in half by this administration.

    • @ryaj2356
      @ryaj2356 Месяц назад

      @@americandissident9062 different times different needs. This administration has no will or want to replace it since they think oil won’t be used at all in less than 8 years. That’s not reality of how our world works.

    • @kemangraya2382
      @kemangraya2382 Месяц назад +3

      You want to change? Vote trump!

  • @johnc1280
    @johnc1280 Месяц назад +3

    Love your videos Brian. You got me through pandemic when I first discovered your channel with all your updates on income tax filings stimulus checks and all other economic related info. Thanks !

  • @mattportnoyTLV
    @mattportnoyTLV Месяц назад +4

    Car sticker prices are falling but high interest rates keep the cost of purchase unaffordable.

  • @silverblue9286
    @silverblue9286 Месяц назад +19

    This guy is the best!

  • @jesusavila629
    @jesusavila629 Месяц назад +10

    Thanks Brian once again !

  • @kcstarkey9140
    @kcstarkey9140 Месяц назад +12

    Thanks for the valuable information

  • @Mgoblagulkablong
    @Mgoblagulkablong Месяц назад +12

    Average prices are misleading - the average is falling bc luxury car prices are falling. Used economy cars and popular new models stay overpriced bc of high demand.

  • @nitanits2057
    @nitanits2057 Месяц назад +9

    Thank you so much Brian!

  • @brianwalker5263
    @brianwalker5263 Месяц назад +4

    Car and houses are the same. They are both unaffordable. They will both fall due to lack of sales and increased inventory

  • @billymoua6252
    @billymoua6252 Месяц назад +5

    Taking from reserves is a horrible idea. Give incentive to oil companies so they can drill for more and lower our prices.

  • @bretfeeney1072
    @bretfeeney1072 Месяц назад +2

    My 2000 GMC Sierra I paid off in 2006 just hit 300,000 miles 2 weeks ago. I'll keep driving it.

  • @joshofalltrades8674
    @joshofalltrades8674 Месяц назад +5

    2001 Tundra with 224k miles and running strong and 2005 camry 320k paid off years ago. Don’t buy new cars! They keep you broke, get a quality used car pay it off and fix it up a bit. Will be way cheaper in the long run then new, would new be nice yes but not being broke is way nicer! Lol

  • @j01150126
    @j01150126 Месяц назад +9

    I love this, I watch Car Edge on RUclips regularly. Pretty much have to buy used and from fleet companies like Hertz, National, Avis etc.

    • @justmee9441
      @justmee9441 Месяц назад +1

      Every rental car I have ever driven got driven HARD. 😂

    • @sacredcowmars
      @sacredcowmars Месяц назад

      just buy an older car

  • @j8nkies20
    @j8nkies20 Месяц назад +10

    I saw a 2022 Sequoia with 67k miles for $67k.. freaking insane

  • @Gwillis7
    @Gwillis7 Месяц назад +2

    Happy Friday, Brian! Have yourself a great weekend, thanks from Austin

  • @venvnco6259
    @venvnco6259 Месяц назад +13

    Insurance on EV's has gone crazy. It is because of 18k battery cost in wreck.

    • @albertoacosta6788
      @albertoacosta6788 Месяц назад +3

      Insurnace in general they tripled my rates I went somewhere else right away

    • @charliegirl42ify
      @charliegirl42ify Месяц назад

      You couldn't drive one of those up my butt. ✋️

    • @ms.b9093
      @ms.b9093 Месяц назад

      Not only the cost of the battery. but the damage an EV can do to other vehicles. They are very heavy cars.

  • @iraqiytuber7863
    @iraqiytuber7863 Месяц назад +4

    Thanks, Brian💐

  • @otimmo
    @otimmo Месяц назад +21

    Don't forget, that jackass killed the keystone XL pipeline deal that would have produced an extra 800k barrels per day, but wants to pull from the S.P.R.

    • @ms.b9093
      @ms.b9093 Месяц назад

      LOL! The KEYSTONE PIPELINE WAS NEVER GOING TO PRODUCE OIL FOR DOMESTIC USE! IT WAS TO TRANSPORT CANADIAN OIL TO THE GULF TO BE EXPORTED TO EUROPE , AND CENTAL AND SOUTH AMERICA WHILE EXPOSING THE AMERICAN HEARTLAND TO POTENTIAL ENVIRONMENTAL DISASTER. EDUCATE YOURSELF BECAUSE YOU ARE CLUELESS.

  • @samrouter965
    @samrouter965 Месяц назад +2

    2012 Honda civic 210,000 miles. Paint is faded, moon roof doesnt work, cd player broke BUT it runs like new. Best of all, it aint pretty anymore but no payments

  • @BatmanBoss
    @BatmanBoss Месяц назад +6

    Thanks Brian

  • @endless.capabilities
    @endless.capabilities Месяц назад +3

    Thanks Brian! Have a great weekend!

  • @Traveler-PKK
    @Traveler-PKK Месяц назад +9

    With war around the corner it's stupid to get into the reserves due to elections.

  • @christopherfanara2593
    @christopherfanara2593 Месяц назад +2

    Thank you for your time and service 🙏 have a great weekend.

  • @winkgm5057
    @winkgm5057 Месяц назад +4

    Yeah but insurance keeps going up

  • @BlueJeansandJellyBeans
    @BlueJeansandJellyBeans Месяц назад +3

    Thanks Brian!

  • @bryanpowers7048
    @bryanpowers7048 Месяц назад +1

    Great reporting and presentation of the facts. I agree with you. Thank you. On Monday, April 22, 2024, gasoline in San Francisco, CA, was $5.89 per gallon for 87 octane or regular gas, and up to $6.29 per gallon for 91 octane, or premium gas. Diesel was $5.89 a gallon. Gas is expensive.

  • @robertdavis5714
    @robertdavis5714 Месяц назад

    Thank You for your correct opinion on draining reserves.

  • @geelove4974
    @geelove4974 Месяц назад +5

    Keep up the good work 💪🏾

  • @captainedwardjsmith1640
    @captainedwardjsmith1640 Месяц назад +11

    Thank you for covering the oil topic regarding Biden very honestly. I feel i’ve been going crazy because i thought im the only one who sees this.

  • @andrewvaughn3690
    @andrewvaughn3690 Месяц назад +2

    Not buying anything until prices come down. And thank you for saying what needs to be said about the strategic oil reserves, that is extremely reckless and dangerous draining it

    • @ms.b9093
      @ms.b9093 Месяц назад

      Trump did it!

  • @domdrty
    @domdrty Месяц назад +2

    Gas stations make their money on fuel on the backside (when prices go down). If we use the reserve oil to lower prices, most of those savings will go into the pockets of gas stations and every other company in the supply chain.

  • @V8Brah
    @V8Brah Месяц назад +8

    It's all about the Lexus IS 500

  • @Citizen_mn
    @Citizen_mn Месяц назад +3

    Thanks man, good stuff !

  • @TheArtOfDean
    @TheArtOfDean Месяц назад

    Thank you again for the updates.

  • @ThunderStruck94660
    @ThunderStruck94660 Месяц назад +2

    Been watching youtube on how to service my car. I did not realize how easy it is to change brake-pads. I have been paying thousands of dollars over the years for stuff like that.

  • @tracysnitker1935
    @tracysnitker1935 Месяц назад +12

    Ev's are extremely over priced

  • @psychonauthacker
    @psychonauthacker Месяц назад +11

    It's all been planned.Just look back to cash for clunkers.

  • @jessicah3782
    @jessicah3782 Месяц назад +2

    200k on my Honda civic. Been a happy camper for the past 5 or so years as its 2nd owner :)

  • @juliorivas7428
    @juliorivas7428 Месяц назад

    Thank you for this excellent summary.

  • @WillMoon
    @WillMoon Месяц назад +5

    My mother in law was talking to my wife the other day, and I heard her say she wanted to take her current vehicle and trade it for a new one. Because… she might need to put new tires on it.
    This woman has had her base model 2021 Hyundai Santa Fe that she bought during the pandemic for $48k used with 20k miles on the clock. Yes, she paid almost double retail for a used Hyundai. She traded her paid off Chevy Cruz and got $11k for it and went from having a paid off car to now having a $750/month car payment at 7.5% for seven years. She’s underwater on the vehicle and wants to roll it into a new car.
    She’s 63 and has no savings, no retirement, owns no property, has been thru bankruptcy three times (that we know of)…
    Car shoppers in America man… this is what truly keeps people poor…

    • @rsxxboxfanatic
      @rsxxboxfanatic Месяц назад

      Why not just put new tires on it?

    • @WillMoon
      @WillMoon Месяц назад +1

      @@rsxxboxfanaticbecause she’s using it an an excuse to dig herself further into debt for something shiny and new. She thinks if she can’t pay for it, oh well, bankruptcy again! She’s never had to deal with the consequences of her bad choices.

    • @pearlperlitavenegas2023
      @pearlperlitavenegas2023 Месяц назад

      she's your MIL your wife will expect you to take care of her 😂

    • @pearlperlitavenegas2023
      @pearlperlitavenegas2023 Месяц назад

      she's your MIL your wife will expect you to take care of her 😂

    • @pearlperlitavenegas2023
      @pearlperlitavenegas2023 Месяц назад

      she's your MIL your wife will expect you to take care of her 😂

  • @Obeserundown
    @Obeserundown Месяц назад +16

    They still need to fall another 30-40%

  • @mygtr2021
    @mygtr2021 Месяц назад

    Always great and straight to the point info.
    Thanks for sharing

  • @quantx6572
    @quantx6572 Месяц назад +2

    bought a new Cadillac a few weeks ago and got an incredible deal. suv was heavily discounted, below invoice. i’m beyond happy with the deal.

    • @XX-166
      @XX-166 Месяц назад

      The price was inflated anyway so that deal was only good on paper

  • @pdaniel8
    @pdaniel8 Месяц назад +56

    I feel bad for the people joining the Tesla rug pull.

    • @charltonblake9967
      @charltonblake9967 Месяц назад +3

      Don't feel bad, we are doing great and will be doing even better as has been the trend.

    • @mike9132
      @mike9132 Месяц назад

      ​@@charltonblake9967 so fast @ depreciation

    • @mrbear3487
      @mrbear3487 Месяц назад +6

      People driving teslas got dog walked by Elon musk

    • @GuardienTTV
      @GuardienTTV Месяц назад +1

      @@mrbear3487 why you say that

    • @bytemuncher1
      @bytemuncher1 Месяц назад +4

      Tesla ain't going anywhere. Elon makes NASA look dumb. I paid $50 to fill up my car last week and yesterday saw four Tesla's charging for free in my office parking lot. Jokes on us gas guzzlers mate.

  • @The_Drifter_13
    @The_Drifter_13 Месяц назад +3

    Hard to imagine that people are paying their entire annual salary for a car. It doesn’t even make sense.

  • @kdefensemartialarts8097
    @kdefensemartialarts8097 Месяц назад +1

    Thank you for your videos.

  • @nationsnumber1chump
    @nationsnumber1chump Месяц назад +2

    well draining the oil reserves creates more inflation in the end because they will raise the oil prices when they have to add more production to increase the reserve. its a catch 22!!

  • @katv3116
    @katv3116 Месяц назад +3

    Happy Friday! ❤

  • @truckercowboyed2638
    @truckercowboyed2638 Месяц назад +6

    I looked up many used cars with prices as much as that of a new car, kinda makes the new car a no-brainer when you consider the full warranty and no worries about repairs....

  • @AS-xj9yw
    @AS-xj9yw Месяц назад

    🤜🏽🤛🏽 you are LITERALLY my
    # 1 favorite RUclipsr ! You are VERY intelligent !

  • @lucasurso3066
    @lucasurso3066 Месяц назад

    Thank you for your time

  • @knockout_wj8886
    @knockout_wj8886 Месяц назад +12

    People are tired of high prices. And relize interest rates are not going to be lowered. And with banks extending loans to get buyers. People don't have the money paying, plus job security for 6 year loans.

  • @chickography9206
    @chickography9206 Месяц назад +44

    Everytime the gas price fluctuation topic comes up, i immediately think 'XL pipeline'. I miss those days...

    • @Francisco-po1cf
      @Francisco-po1cf Месяц назад +2

      I’m so glad they shut down the pipeline. So many railroaders would have lost their jobs.

    • @witemain
      @witemain Месяц назад

      Yeah, hopefully, trump wins the election for the third time, and it counts this time!

    • @jakeredpiller
      @jakeredpiller Месяц назад +1

      ​@@Francisco-po1cfB.S. you're glad to pay twice the amount for gas. 🤡

  • @matthewchinn8255
    @matthewchinn8255 Месяц назад

    Hopefully my 07 can keep pluckin along! Thx B!

  • @sonamskd4990
    @sonamskd4990 Месяц назад

    Thank you for information… GREAT VIDEO

  • @LinkJLaptops
    @LinkJLaptops Месяц назад +3

    Everyone needs to stop buying anything except necessities. Leverage the high yields and hold. Companies will give in or else enjoy your fully loaded toyota corolla s for 40k

  • @barrymccaulkiner7092
    @barrymccaulkiner7092 Месяц назад +3

    Drive by any Chrysler dealership and they're always stocked full of cars.

    • @zonkar
      @zonkar Месяц назад

      Some chargers are going for 10k off.