UAW. They got $$$$ . The local Ford marketer had F150's stuffed in the holding lots, but in the past couple day's there's more open spaces. This dealer was recently sold to an open wheel race team. The next-door Chevy dealer has space on the storage lots, but that's the condition ever since the Wuhan episode.
Americans cannot afford $62,000 to $80,000 vehicles. The lots are full of new vehicles. At what point do the vehicle manufacturers realize there vehicles are not selling? I bet the manufacturers are expecting a Government bail out.
GM isn't remotely close to needing a bailout. Stelantis and Ford are the two that are closest to that point. Particularly Stellantis. GM trucks sales are up year over year and their prices tend to be lower than key competitors.
Carmakers made the conscious choice a few years ago, to discontinue affordable models, and move "upmarket" with what they did build. They forgot that the mass market exists, apparently.
I live in California and in 2012 I paid $116,000 for my house and it's worth $550,000. Now why the hell would I buy a truck or a car for that much money and then watch it go down in value. They have lost their minds.....
@@michaelwilliamson3551 That's how I feel. So many of these companies keep making the same mistakes. They only look at profit margins. Great, until they worked themselves into a corner by making vehicles no one can buy. The entire economy is fucking crippled and we have multiple car companies basically only making luxury cars. I thought I spent a little too much when I bought my (new) Subaru in 2021, but it was under half the price of most of the trucks in the video.
There's a difference between affording something and paying for it. Record profits doesn't come from nowhere. These vehicles ARE selling regardless of AFFORDABILITY.
Says a lower income consumer. People who make 90K to 300K a year are buying these new high dollar trucks and SUVs. They typically have a revolving 10K plus in credit card debt too. Most of them are just use to the high prices and being in debt, and having things they want at this point. I have a friend, he and his wife both make like 195K a year between them, and they have a 550K house, two high dollar vehicles. He tells me if I want to drive anything nice, I need to realize I am going to be in debt and be willing to pay $800 or more a month for a vehicle and that is the way it is going to be. I told him, NO WAY THAT WILL EVER BE ME. I don't need a nice big over priced Truck or SUV. I am happy with my $349 a month Toyota Camry that will be paid off soon, and mortgage payment below 1K a month. My wife and I also don't earn anywhere near what they do a year.
Especially when the transmission will be junk in less than 100k....they hope right AFTER the warranty expires. Junk. Any Chevy truck after 2007 is a POS. Ask your mechanic. Mine sold his 2015 and bought a 2005....and he has plenty of money!
Base annual salary for the CEO of GM made approximately 27 million last year, not including stock options and all the other add ons. All the while as the company is suffering and sales are dropping and lay offs are increasing.. Hell of a deal.
Everything turned into luxury dealerships. Who's going to pay $800-$1000k a month/payments. Yeah, hard pass. And the maintenance on them would break a person. I'll stick to 90s cars and trucks. At least you can still work on them yourself.
its financial suicide. PLUS the insane rates they’re asking for now. this is why we’re going through a ‘repo’ crisis. uneducated suckers sign up for significantly more than they can afford and here we have it. financial ruin.
I can afford a 87k vehicle but do I want to ever spend that much? Heck no. Are these things made of gold? A used 25k truck will do the same as a 87k truck. Get me from point A to B.
Problem comes is the used truck has a much higher interest rate, there is a balance but a $20k truck is going to be 10 years old now, so unless you can pay cash or a substantial down payment you’ll end up upside down very quickly
@@mattdudley3789 Apparently, you are not a Haitian American nor a minority. Look into it. The benefits are depressingly grotesque. Thank you, Democrats!
All these car brands put the cart before the horse when it came to EV's. You can't go fully electric with cars before the infrastructure is in place. I'm in a big-ish city and I can only think of four places within 10 miles of my house that I could charge one and none of them are closer than 5 miles.
@@CassandraY You're lying. Tell me where you're at, and I'll educate you on where in your big'ish (whatever does that mean) city that your public charging stations are. They're all over. You don't know, because you don't have one. Are you aware that, unlike gas cars, you can refill an EV at home for about $6-$7. Charge stations are about $500 installed at your home.
I hear ya. I think it's a combination of greed, inflation, and them losing their arse with this EV initiative that the government is shoving down their throat.
@@touger9759 what about this, what about that? Can you stay on point without interjection irrelevant points? You're like a tight end who says, but receivers don't have to block. What about that?
And just crap products moving into an era of truly powerful electric vehicles. There's white people here that will still buy into it for a little while longer, because they're dumb as rocks. The tough guys who say things like, "Where's yur 100 mile extension cord for that electric car?" They're still spending their Boomer daddy's inheritance money.
The problem that you aren't talking about is the insane insurance price. The worst are the E Vs. My sister-in-law drove something and found out the insurance cost a year was $12,000.
It’s simply not true. People are still buying them. Not as many as they want, but it seems to me they are doubling down that they can wear down the consumer to pay that much.
Here in CA (Bay Area) people buy new cars every 3-5 years. Crazy to me. Last truck lasted 20 years. The current truck gets less miles and i like it more, so it will go longer.
@@brettloo7588 Yeah, I'm the same way. My old 2002 Toyota Tacoma has 99K miles on it. Bought it new. Had a few dings and scratches from actually using it like a truck, so took it to an old school body shop where they massaged it, buffed out some spots and fixed the bumpers. Shot some clear coat on it. It's had all maintenance by the book since new. Gonna give it to my son this year. I'd like a new 4x4, if I could get a deal on one that fits my needs. But heck, these prices are completely unrealistic.
I tried to deal on a used 2022 GMC Canyon Denali they would not come down one penny, I have been looking for 3 months and I can't find what I want and if you do they won't deal.
Bu bu but the clowns on here say it's record sales??? Full of S stealerships trying to gaslight in a desperate attempt to keep the people spending. Too bad they didn't get the memo, the consumer is broke and the economy is toast.
Remember when in 2008 gas price was at its highest when people were getting rid of their trucks and dealers were marking the price down? Now imagine gas at 10$ a gallon and these trucks in dealer lots.
Yes, the people who routinely buy these trucks are not smart. Few have suffered in life. Most, today, are spending their Boomer parent's money to purchase these lavish items claiming inflation is real. Then, they'll wait in line at Starbucks and Chick Fillet for 15 minutes for their $6 latte and $7 chicken sandwich.
I bought a 2017 silverado Crew Cab, 4wd, in 2019 for 30k. Dealerships have offered me 18-20 to trade my truck in, but then I look at other vehicles, and I would still have to get a loan on most. Prices are insane.
Why settle for the basics at $30k? Every other country can get into the Chinese market and get sweet cars with tons of options cheap. But hey you can't get the land of the bigots to want open and free markets. So, you'll get what they tell you.
I think besides not affordable,is people are realizing that all brands have do many issues nowadays! Older is better ! It’s like we’re going back in time with reliable vehicles
If I add full coverage insurance, registration fees and sales tax on top of the loan payment, I'm going to be paying more than my mortgage payment. Some how it just doesn't seem right that my monthly expense for a vehicle is greater than my housing cost.
Was in a group on Facebook a few days ago, someone was just beginning to comprehend (6 months after the purchase) the impact of their decision to buy a $70k+ truck @ 19.7% interest, I think their payment was over $1700 on the loan alone.
@@jamesdallas1493 No they are not. Lazy car companies are not willing to put their engineers to work designing and building great cars. They just want to milk the high profit margins from trucks and SUV's.
You mean GM's stock is going to crash. GM making lavish products to appeal to the righties, who aren't buying enough of them, for GM to remain profitable long term. When your widget is no longer wanted, your company's stocks are going to crash. But the market's doing great. Has been for ages. Still waiting for that 80% market "correction" to occur that everyone talked about back in 2018, 19, 20, and 21.
@@matthewsocal2540 Ford is also gonna crash, as they basically have no consumer vehicles in their lineup. The high margins they get from trucks won't save them when nobody buys a truck that costs 90 grand.
@@harryshuman9637 Agreed. Between all what you just said and the fact that Ford has filed for patents that allow police surveillance of cars around you, they're screwed. We complain about china and watch our own companies lock us out of global markets so American companies can surveil us for the actual police. That patent was filed a week or two ago, I believe.
@@harryshuman9637 Whatever you do; don't short Ford. Ford will not crash, unless it's fleet sales tank. Ford sells the most to police, water, county, etc. They have for decades. Its been their staple. It's how they survived the big dodge ram fever from '96 to '12. Ford didn't have anything that competed, but their fleet sales continued to keep them afloat. We're basically subsidizing Ford. We need an open global market for cars and trucks. I'm sorry for my union bros and sis, but we must have open global markets on these things. Even at risk of losing our companies that don't produce what's desired reasonably. Time to bring back Reaganism and get rid of tariffs.
Need to make a cheap truck strip down two-door stick shift get rid of all the crap don't need it it's your truck I don't need a infotainment Center don't need an infotainment Center at all I don't need a backup camera too much electronic crap I like rolling up my windows by hand I like a real mechanical parking brake I definitely don't need a truck that steers itself
That new truck would help the contractor to do his business, stop being selfish and go and be an self-worth autonomous work force so you can afford this overpriced trucks.......
I bought a new car last year as I had 8200 equity in my trade. I wanted a 23 Accord EX but in Texas, my car insurance was going up 445 in my 6 months. A civic was 440 more. The lowest insurance in my 6 months was 235 for a 24 HRV EXL. I bought the HRV on the lower insurance alone. I paid 29,000. No mark ups. I financed 20,500 at 5.9 apr, not 9.97. I’m paying extra principal so in 11 months I’m down to 10,762. My payment is 342. My insurance is 229.
A friend of mine is a sales rep at a chevy store, he sells on avg. 35 new trucks a month, his brother works there and avgs about 30. The GMC dealer across the street sells a ton of Sierras, but they are are a high volume dealer and no stupid mark ups and discounts out the butt
Yup greed at its finest. I know no one buying 70k vehicles. My transmission went out in my hd truck. I went on the lot and literally told the guy I had to get something today. One he showed me 70k and 80k truck I called and said drop that 5 k transmission in now.
It’s not just GM and Chevy. My local Toyota and Ford dealers have a buttload of trucks, some SUVs, but few sedans at the Toyota dealer (since Ford has pretty much abandoned that segment). The trucks they do have are mostly the high-end trims. How can people afford those and a mortgage at current interest rates for both?
GM sold over 800k trucks last year. Like 60k more trucks than Ford. Their sales this year are UP year-over-year. Don't expect GM to get that desperate any time soon. At most you'll see $8-10k off or 0% interest rates.
@@karlschauff79898k -10k off is a start if the price reflects the actual lowest price also ie: through out the we want the 96k sticker price and add ons and the make it sound like that 96k is our retail lowest price crap. Let's talk he Bob at gmc look I've brought 138k cash in my day planner and im spending a chunk now so is it you Bob at gmc that is wanting the $ ?show me what truck i want and and if the cash is still on the desk in 1 hr then I would expect a temp tag and paperwork so I can get back to work in my brand new 3500hd 4x4 duramax loaded and I was happy with a amazing price discount and heck manufacturers discount plus I didn't have to make a trip to the next gmc dealer and spend cash at there building. But remember im willing to go to 10 gmc dealers if needed or I will not spend that cash if im not happy. Oh and look my amazing price covered all necessary charges so everybody from the lowest person on payroll got his cut all the way to manufacturer but maybe not as much as Corp America wanted but they still profit and in 6 months if I feel warm and fuzzy I can always bring that day planner filled with cash for a end of year Christmas present to by another truck and tip some amazing employees to make sure they will be here again in a 6 months to 3 years if I just can't live with out a upgrade.
Im a long time full size truck guy. Though due to the current economy I just picked up a 24 Chevy Colorado WT for $29.7K (in socal). I love it! Well equipped, great mpg. I’m really pleased with it.
Why are electronics in cars so expensive? When all they really need a smartphone with the apps. Why do they need so many different computers some cars 8 or more. And that just leads to more of a chance for failure a new car sure have a lot of them
I'm a retired ASE mech. just picked up a relatively clean 20 ram 2500 tradesman 6.4l with an Aluminum flatbed with under 50k miles for $25k in south jersey .. needed tires, power steering noise ($500) and an appointment at the dealer for some exhaust manifold bolts under factory powertrain warranty... already planned on suspension, tire/wheel, and electrical upgrades so other wear and tear items are already budgeted for ... it's a platform for running a flatbed camper in NV while im in school the next 2 years for welding and machining in NV!
sold my 08 Tacoma for 12k 18 MThs ago! so got out while high and just been waiting to buy as prices and rates dropped or are getting ready to drop so I can refinance
You have a business model. Do it. Build a gas truck factory. Produce a sub $30k truck. Make bare minimum safety. Power nothing. 8mpg. Manual transmission. 1 color, primer black. You can do it.
7:03 so the point that's kind of missing from that conversation is the prices aren't supposed to go low because a car and personal transportation means freedom and we are pretty much in the last days of that what I mean by that is the governmental policies being enacted almost across the globe save for maybe a handful of countries align with the thought process that you will own nothing and be happy you know the mega cities that you see in the futuristic movies where you're under heavy surveillance yeah how else do you get there but no car ownership that's the long-term gold funny enough you can even see it happening with the housing market where the average person is no longer able to own a home
The used car market where I live is practically dead. I have been tring to sell a car for a month and I have had no messages on it. Priced reasonable and should sell but nobody has any money.
A local employer that pays a living wage used to have a lot of new and newer vehicles in their employees' parking lot. I had a job to do at their site yesterday, and most of the vehicles in their employee parking lot were at least 10 years old or older. People can't afford new vehicles.
Yeah, I'm 41 remember when a brand new high-priced vehicle was a lot when it was 21,000, then became $30,000, then 50,000, now $80,000 are you freaking serious.??! They should be lasting longer in the ones from 40-50 years ago
Universities turn out Geeeeed merchants the products never are improved because all the money went to the upper management and a few Realy big share holders.
If you make $20,000 profit on a pickup compared to $500 on a cheap car only means something if you can sell that pickup. If the truck doesn’t sell your profit is zero. The financial planers at the big 3 must have got their degrees and jobs due to DEI.
It amazing how many men will spend that much. My avalon limited hybrid costs $40k and gets 44mpg. Most trucks are not used in construction but more a oversized overly expensive ride.
Why does anyone buy new. My 2005 suburban 5.3P, 2006 chevy crew 8.1L , 2011 lexus gs350 are all i need. And when break ill just fix at fraction the cost of buying new
I bought a new 1974 Chevrolet C-10 long wide bed V-8 with radio, heavy duty shocks and springs and a rear step bumper in central North Carolina for $2995 cash money. It got 18 MPG in local driving and 16 with my insulated 750 pound camper style tall bed cover. $90,000 plus interest, plus gas and insurance and maintenance? It is truly, surely most sincerely over. So sad. The last days of “See the USA in your Chevrolet” were long, long ago. Thank you Dinah Shore. That ad was true inspiration to a whole healthy, happy generation. Many of us traveled Route 66 more than once.
![Megan Thee Stallion - Bigger In Texas [Official Video]](http://i.ytimg.com/vi/QxTkZTLWdo4/mqdefault.jpg)
You said 85 hundred for Z71 2500 HD. Where can I get that one. LOL
Send me a check... I know a guy
@@carquestionsanswered LOL.. Why am I not surprised!! Good video!
@@carquestionsanswered😂🤙
How come no one mentions the greedy unions
Chevy EV truck looks like a fat Santa Cruz. Hyundai.
They take a $40k truck and throw an 8 inch smart screen, leather wrapped steering wheel and leather covered seats on it, and then charge you $70k.
Don't forget the other 20k in crap electronics that are guaranteed to break in a few years.
THEY GOT TO GREEDY, WTF happened to vehicles 30K and under GM use to make several affordable cars that many in USA bought. THEY GOT GREEDY.
Fools told them they could charge double by paying those prices for them.
30K truck? Only when wages were $18 an hr for a decent pay job. Not anymore.
UAW. They got $$$$ . The local Ford marketer had F150's stuffed in the holding lots, but in the past couple day's there's more open spaces. This dealer was recently sold to an open wheel race team. The next-door Chevy dealer has space on the storage lots, but that's the condition ever since the Wuhan episode.
Truth
Chevy Trax is around $23-25k. Cute little sucker, too. Nothing from Ford.
Americans cannot afford $62,000 to $80,000 vehicles. The lots are full of new vehicles. At what point do the vehicle manufacturers realize there vehicles are not selling?
I bet the manufacturers are expecting a Government bail out.
Not this time
Agreed!! It's an election year and the Demoncrats need to buy some more votes.
I can answer that. When the fuel that is in them rots and makes them giant door stops as they are not going to sell them.
GM isn't remotely close to needing a bailout. Stelantis and Ford are the two that are closest to that point. Particularly Stellantis. GM trucks sales are up year over year and their prices tend to be lower than key competitors.
No bailouts this time. Let them sink. Not sure what good the UAW contracts will do though when they're out of work
Again, let em rot on the lot. Their greed has now made me mad AF. I won't drop a dime
I'm so broke, I don't have a dime to drop
I’m SO BROKE,
I can’t even pay
Attention
I have a nickel you can have.
Keep crying 😂💀
Everything has been over for a year - and here we are same prices on the lot
83 pct of the American public is priced out of the new car market.
Carmakers made the conscious choice a few years ago, to discontinue affordable models, and move "upmarket" with what they did build.
They forgot that the mass market exists, apparently.
$90,000 for a truck? Whoa the end of the Middle Class is here.
I live in a lower middle class area, these trucks are everywhere. Half the people I work with drive them, but yea, you would think it’s unsustainable.
@@TheoneGodfather ya an they paying that loan for the rest of there life truck will be buried in a junkyard before its payed off lol
@@TheoneGodfather ya an they paying that loan for the rest of there life truck will be buried in a junkyard before its payed off lol
Those trucks cost more than I paid for my house.
But if you sell your house now, how much are you asking
Same for my mother. Bought at 68k and valued at nearly 200k.
I live in California and in 2012 I paid $116,000 for my house and it's worth $550,000. Now why the hell would I buy a truck or a car for that much money and then watch it go down in value. They have lost their minds.....
@@michaelwilliamson3551 That's how I feel. So many of these companies keep making the same mistakes. They only look at profit margins. Great, until they worked themselves into a corner by making vehicles no one can buy. The entire economy is fucking crippled and we have multiple car companies basically only making luxury cars. I thought I spent a little too much when I bought my (new) Subaru in 2021, but it was under half the price of most of the trucks in the video.
I’m in SoCal. I paid $403k in 2003 for my house. Today it’s worth $820k.
People cant afford an overpriced "value meal" from McDonald's they sure can't afford an 80K truck.
More ppl have money than u think. Lots of money.
We can afford a happy meal. Intelligent Americans just won't pay for them.
@@matthewsocal2540 bingo
McDonald’s $5 meal is very filling. Just saying.
There's a difference between affording something and paying for it. Record profits doesn't come from nowhere. These vehicles ARE selling regardless of AFFORDABILITY.
Not a truck on this lot worth over 40K OTD
40 k is only worth 20 k
truth i dont think over 30k
You can buy a 24 4x4 silverado custom crew cab for under 40,000 all day long.sticker is 50 to 52 but they can be had for under or at 40k.
Says a lower income consumer. People who make 90K to 300K a year are buying these new high dollar trucks and SUVs. They typically have a revolving 10K plus in credit card debt too. Most of them are just use to the high prices and being in debt, and having things they want at this point. I have a friend, he and his wife both make like 195K a year between them, and they have a 550K house, two high dollar vehicles. He tells me if I want to drive anything nice, I need to realize I am going to be in debt and be willing to pay $800 or more a month for a vehicle and that is the way it is going to be. I told him, NO WAY THAT WILL EVER BE ME. I don't need a nice big over priced Truck or SUV. I am happy with my $349 a month Toyota Camry that will be paid off soon, and mortgage payment below 1K a month. My wife and I also don't earn anywhere near what they do a year.
Especially when the transmission will be junk in less than 100k....they hope right AFTER the warranty expires. Junk. Any Chevy truck after 2007 is a POS. Ask your mechanic. Mine sold his 2015 and bought a 2005....and he has plenty of money!
Base annual salary for the CEO of GM made approximately 27 million last year, not including stock options and all the other add ons. All the while as the company is suffering and sales are dropping and lay offs are increasing.. Hell of a deal.
Everything turned into luxury dealerships. Who's going to pay $800-$1000k a month/payments. Yeah, hard pass. And the maintenance on them would break a person. I'll stick to 90s cars and trucks. At least you can still work on them yourself.
Exactly. Some perspective example: you can buy a 2002-2003 Ferrari 360 Modena for the price of these new trucks!
its financial suicide. PLUS the insane rates they’re asking for now. this is why we’re going through a ‘repo’ crisis. uneducated suckers sign up for significantly more than they can afford and here we have it. financial ruin.
I have no use for a Ferrarri, but I couldn't get by without a truck.@@chuckz28
everyone is. and repos are NOT up, so payments are being made. there is WAAAAAY too much money right now. EVERYONE is rich.
@@vegasprogambler5336whatever you’ve smoked, you’ve reached your limit. Go lay down and sleep it off
Until sold, they are worth zero dollars. In fact, they are a depreciating financial liability and increasing cost to the dealer. Not good.
just take all of the useless tech crap off , go back to making real trucks , not City Boy Cars !!!!!!
Government won't let them cafe standards
They're one of the few making real trucks. It definitely isn't Ford or Ram with their $100k rhinestone cowboy trims.
@@karlschauff7989 their motor quality sucks now buy an old one these are Chinese chevys
@@ruthlessreid9172 CAFE standards don't make them put a 17" iPad on the dash.
@@hellomeatrobots gas mileage standards no ipads
GM can pick up there cars and recycle that trash.
That's why they have already the forklift pockets installed in the rear for the junk yard.
Heard that 46k on a cruze cracked piston just outside of warranty sol never again
😂😂😂😂 you're right 👍 @@chickenfryer
$87K for a Tahoe.... Nope.
That’s like $1100-1200/month for 5 years.
I dont know why people are going imto financial ruin for these damn tahoes!?!!
@@ScottishTerrorsInLA😂😂😂 and it's not even an high luxury vehicle. If I'm paying that much it will be for a Porsche or something like that
And they still sold 110,000 units last year
@@demetrib9373 Gotta have their precious Chivvies! Grandpa and Dad did, so they have to keep traditions at all costs.
They should raise prices to a million dollars. There should be at least 1 person out there somewhere who would gladly pay it.
Tax write off
I can afford a 87k vehicle but do I want to ever spend that much? Heck no. Are these things made of gold? A used 25k truck will do the same as a 87k truck. Get me from point A to B.
Problem comes is the used truck has a much higher interest rate, there is a balance but a $20k truck is going to be 10 years old now, so unless you can pay cash or a substantial down payment you’ll end up upside down very quickly
Amen
@@mattdudley3789 Apparently, you are not a Haitian American nor a minority. Look into it. The benefits are depressingly grotesque. Thank you, Democrats!
Go buy a Chevy Trax. They’re under $25,000.
@@TheCarCrazyGuy I own a 2010 Toyota. When it dies I will buy.
They called the Cadillac version "The Big POS."
Escalade EXT
Modern day vehicles have quality issues, and they are pushing 80k+. It's insane to me.
Mary Barra had said in 2021 that G.M. would be fully electric by '25. I guess she realized that that was a dumb prediction.
All these car brands put the cart before the horse when it came to EV's. You can't go fully electric with cars before the infrastructure is in place. I'm in a big-ish city and I can only think of four places within 10 miles of my house that I could charge one and none of them are closer than 5 miles.
More like the electric chair. Future and profits .... zaaaaped.
Like all EV predictions
how did a woman get that position??
@@CassandraY You're lying. Tell me where you're at, and I'll educate you on where in your big'ish (whatever does that mean) city that your public charging stations are. They're all over. You don't know, because you don't have one. Are you aware that, unlike gas cars, you can refill an EV at home for about $6-$7. Charge stations are about $500 installed at your home.
Overpriced plastic over technical junk
$400 million for advertising? I'll tell them to take a long walk on a short pier.
Well except that advertising is tax deductible. No money lost on the bottom line.
@@chrisneumann4202 that's not how expenses work
Long walk on a short dock !!!😂😂
@@strangedeadfish Funny, when I owned a business I wrote it off and it was legal.
@@chrisneumann4202 oh, it is an expense. And it will reduce your income (thereby your taxes) but it most definitely affects your bottom line.
80k+ for a truck is just crazy to me. Maybe I'm just poor but that's wild.
The issue with the big 3 is they got greedy and stopped making affordable small cars. They decided to go with the high margin trucks and large suvs!
Yep just dont buy their shit and make them produce affordable cars like they did in the 70s when they produced 4 cyl mustangs
@@allmotorhash tghey still make 4 cyl mustangs now
They believe government and fed data. No one elso does.
Yeah and it's probably only 2k cheaper than a 5.0 lol@@timtroia3785
Inflation my ass it is CORPORATE GREED!!!
100%
I hear ya. I think it's a combination of greed, inflation, and them losing their arse with this EV initiative that the government is shoving down their throat.
The UAW isn't just as greedy?
@@touger9759 what about this, what about that? Can you stay on point without interjection irrelevant points? You're like a tight end who says, but receivers don't have to block. What about that?
It's both. By far. It's not just profit margins. It's the expansion of the monetary supply. Don't even play.
leaning into things that they THOUGHT would make them money, but they triple dipped and consumers are disgusted by the exorbitant costs.
And just crap products moving into an era of truly powerful electric vehicles. There's white people here that will still buy into it for a little while longer, because they're dumb as rocks. The tough guys who say things like, "Where's yur 100 mile extension cord for that electric car?" They're still spending their Boomer daddy's inheritance money.
The problem that you aren't talking about is the insane insurance price. The worst are the E Vs. My sister-in-law drove something and found out the insurance cost a year was $12,000.
No one wants those big gas hogs at $80,000 + Bring them down to $50k....maybe?
I say 40
I might go for 30
Nah 20k max
It’s simply not true. People are still buying them. Not as many as they want, but it seems to me they are doubling down that they can wear down the consumer to pay that much.
yes, they do...thats why they are selling.
Its DONE....just like every week *SIGH*
ABSOLUTELY NOTHING HAS CHANGED BRANDON
Yet you watch every week.
It's just an update on market conditions. Relax
The downward pressure on vehicle price, is NOBODY BUYING THEM.
Here in CA (Bay Area) people buy new cars every 3-5 years. Crazy to me. Last truck lasted 20 years. The current truck gets less miles and i like it more, so it will go longer.
@@brettloo7588 Yeah, I'm the same way. My old 2002 Toyota Tacoma has 99K miles on it. Bought it new. Had a few dings and scratches from actually using it like a truck, so took it to an old school body shop where they massaged it, buffed out some spots and fixed the bumpers. Shot some clear coat on it. It's had all maintenance by the book since new. Gonna give it to my son this year. I'd like a new 4x4, if I could get a deal on one that fits my needs. But heck, these prices are completely unrealistic.
I tried to deal on a used 2022 GMC Canyon Denali they would not come down one penny, I have been looking for 3 months and I can't find what I want and if you do they won't deal.
Thirty years ago I bought a 1400 sq ft house for $79000. Now pickup trucks cost more than an average house from back then. Crazy times.
How much w old that same house sell for today?
@@jeffs2809 who cares
Still driving my 1989 Toyota pickup.It's great, never had major issues with it.Just regular maintenance love it
I’m a trucker and the automotive sector is definitely slow. Who can afford these obscenely expensive trucks?
Bu bu but the clowns on here say it's record sales??? Full of S stealerships trying to gaslight in a desperate attempt to keep the people spending. Too bad they didn't get the memo, the consumer is broke and the economy is toast.
Paying more than 50k for a Chevy is crazy.
90,000 DOLLARS, plus interest and full coverage insurance, no way! Let then trucks lot rot!
Remember when in 2008 gas price was at its highest when people were getting rid of their trucks and dealers were marking the price down? Now imagine gas at 10$ a gallon and these trucks in dealer lots.
I agree these people and car makers just don't learn
Yes, the people who routinely buy these trucks are not smart. Few have suffered in life. Most, today, are spending their Boomer parent's money to purchase these lavish items claiming inflation is real. Then, they'll wait in line at Starbucks and Chick Fillet for 15 minutes for their $6 latte and $7 chicken sandwich.
Yea but it’s not 10$ a gallon. Not even close and quite frankly if you follow financial cycles it isn’t likely to go to 10$ for years to come.
Two days ago you said ford was going bankrupt 😂 now it’s GM
They all are. Stellantis will probably be first.
Hi Brandon. Those prices are horrible, especially when the sales and gas hog taxes are added.
And insurance.
Paying almost $100k for a vehicle is insane 😂.
It truely is.
pepper ridge farm remembers when +60k vehicles are for luxury. not for average(ish) full size trucks
Hell I remember when $50k was fully loaded luxury like BMWs not f150s
People will still buy these trucks, not knowing what the hell they're getting themselves into. There's a sucker born everyday.
$50k for a truck?! That's crazy!
You're getting a very basic truck for $50k definitely no 4 wheel drive
A value in today’s market
What do you mean $60,000?? Much, much higher than that!!
You got it wrong, $50K only gets you half a truck
I bought a 2017 silverado Crew Cab, 4wd, in 2019 for 30k. Dealerships have offered me 18-20 to trade my truck in, but then I look at other vehicles, and I would still have to get a loan on most. Prices are insane.
Prices have not gone down much in our area. Dealers are still selling vehicles and I still can’t afford one. So nothing has changed.
Americans would be happy with a $30,000 car that had just the basics. We dont need an all digital dash, surround sound or any other luxury.
That’s a Honda Civic.
Yeah, love my 07 Odyssey I paid $9200 in 2015. Purrs like a kitten. $1000 repair a year still cheaper then one of those things.
Why settle for the basics at $30k? Every other country can get into the Chinese market and get sweet cars with tons of options cheap. But hey you can't get the land of the bigots to want open and free markets. So, you'll get what they tell you.
Chevy Trax starting at $21,495
I think besides not affordable,is people are realizing that all brands have do many issues nowadays!
Older is better !
It’s like we’re going back in time with reliable vehicles
Still not seeing any drastic price changes at dealerships up here in the north. Prices are pretty much the same.
I saw an F100 today on the road. eggshell and seafoam green. Bench seat. straight six. Total beauty, I almost cried.
3 years from now “ it’s over “ lol bro understands the algorithm.
Exactly.
Every other of his headlines say the same BS! A broke clock is right twice a day and that’s him.
@@cameg1670the clock broke at midnight. Every video he tells us it is midnight. He is right. It is midnight.
More stealership clowns trying their hardest to gaslight. It is game over. Sorry not sorry. Hope you saved some of that money you made.
If I add full coverage insurance, registration fees and sales tax on top of the loan payment, I'm going to be paying more than my mortgage payment. Some how it just doesn't seem right that my monthly expense for a vehicle is greater than my housing cost.
Was in a group on Facebook a few days ago, someone was just beginning to comprehend (6 months after the purchase) the impact of their decision to buy a $70k+ truck @ 19.7% interest, I think their payment was over $1700 on the loan alone.
Sorry....but that truck is just ugly.
No Toyotas and fords are ugly
You got that right..one car dealer in an ad years ago said... "don't you buy no ugly truck!"
I totally agree. Here in AZ, these pavement princesses use them as every day daily drivers.
The GM trucks are the best looking these days.
It's why the cybertruck is selling. You don't even have to look good, just not be boring looking like all new cars
Inflation my ass. They are just greedy
Corporations are in business to make a profit.
EPA is preventing car companies from selling small cars .
@@jamesdallas1493 No they are not. Lazy car companies are not willing to put their engineers to work designing and building great cars. They just want to milk the high profit margins from trucks and SUV's.
Market crash inbound.
Get ready for 50-80% sale.
You mean GM's stock is going to crash. GM making lavish products to appeal to the righties, who aren't buying enough of them, for GM to remain profitable long term. When your widget is no longer wanted, your company's stocks are going to crash. But the market's doing great. Has been for ages. Still waiting for that 80% market "correction" to occur that everyone talked about back in 2018, 19, 20, and 21.
@@matthewsocal2540 Ford is also gonna crash, as they basically have no consumer vehicles in their lineup. The high margins they get from trucks won't save them when nobody buys a truck that costs 90 grand.
@@harryshuman9637 Agreed. Between all what you just said and the fact that Ford has filed for patents that allow police surveillance of cars around you, they're screwed. We complain about china and watch our own companies lock us out of global markets so American companies can surveil us for the actual police. That patent was filed a week or two ago, I believe.
@@harryshuman9637 Whatever you do; don't short Ford. Ford will not crash, unless it's fleet sales tank. Ford sells the most to police, water, county, etc. They have for decades. Its been their staple. It's how they survived the big dodge ram fever from '96 to '12. Ford didn't have anything that competed, but their fleet sales continued to keep them afloat. We're basically subsidizing Ford. We need an open global market for cars and trucks. I'm sorry for my union bros and sis, but we must have open global markets on these things. Even at risk of losing our companies that don't produce what's desired reasonably. Time to bring back Reaganism and get rid of tariffs.
Need to make a cheap truck strip down two-door stick shift get rid of all the crap don't need it it's your truck I don't need a infotainment Center don't need an infotainment Center at all I don't need a backup camera too much electronic crap I like rolling up my windows by hand I like a real mechanical parking brake I definitely don't need a truck that steers itself
The build trucks now to look like Transformers and not trucks.
I totally agree!
Who can afford these trucks? I refuse to pay that much!
Dude, they were "over" in '08, "09, and 10. It's all been borrowed time since.
Free Fed Funny Money, for over a decade, has consequences. It just takes time, sometimes.
By the time most of these trucks get sold the frames will be half rusted out lol.
If some contractor pulls up to my house in a brand new truck, I'm sending him away. I ain't making his truck payment.
You get what you pay for and if someone is good, they should be able to command a higher rate.
That has nothing to do with it bud 😂
That new truck would help the contractor to do his business, stop being selfish and go and be an self-worth autonomous work force so you can afford this overpriced trucks.......
Definitely go with the meth head guy driving a hoopty and ignore all the bad reviews.
You wrong for that contractor are and doing a job. All should be worry about if they going give you a good price
The finance guy at a "big" ford dealership told me they are selling one EV a month - if they are lucky.
That is because Tesla is better, and Ford will not give people a lifetime bumper to bumper warranty.
@@davidbeppler3032Tesla is a rolling android tablet. Buggy as hell
Imagine paying 85k for a “base trim” tell me how the car isn’t just fully loaded with all available accessories at that point.
Evidently the US MFR's have forgotten not every consumer can afford a CADILLAC!!
And even if they CAN afford a Caddy, not everyone WANTS a Caddy!
I bought a new car last year as I had 8200 equity in my trade. I wanted a 23 Accord EX but in Texas, my car insurance was going up 445 in my 6 months. A civic was 440 more. The lowest insurance in my 6 months was 235 for a 24 HRV EXL. I bought the HRV on the lower insurance alone. I paid 29,000. No mark ups. I financed 20,500 at 5.9 apr, not 9.97. I’m paying extra principal so in 11 months I’m down to 10,762. My payment is 342. My insurance is 229.
A friend of mine is a sales rep at a chevy store, he sells on avg. 35 new trucks a month, his brother works there and avgs about 30. The GMC dealer across the street sells a ton of Sierras, but they are are a high volume dealer and no stupid mark ups and discounts out the butt
Too many 1d10t5 with too much money
@@petershaver5006 i know this week alone, Corliss Williamson and Scotty Pippen both bought 2024 2500’s, so yeah there is money out there
The smart ones save the dough though... 😂
35 sales a month? Where?
@@thomasallen1951 Everett Chevrolet in Benton, Ar. Them and the GMC store do high volume there. People fly in from other states and buy
Yup greed at its finest. I know no one buying 70k vehicles. My transmission went out in my hd truck. I went on the lot and literally told the guy I had to get something today. One he showed me 70k and 80k truck I called and said drop that 5 k transmission in now.
How about they build a modern Chevette that isn't garbage like the old one.
It’s not just GM and Chevy. My local Toyota and Ford dealers have a buttload of trucks, some SUVs, but few sedans at the Toyota dealer (since Ford has pretty much abandoned that segment). The trucks they do have are mostly the high-end trims. How can people afford those and a mortgage at current interest rates for both?
Time to bring back incentives; like $20k incentives.
GM sold over 800k trucks last year. Like 60k more trucks than Ford. Their sales this year are UP year-over-year. Don't expect GM to get that desperate any time soon. At most you'll see $8-10k off or 0% interest rates.
@@karlschauff79898k -10k off is a start if the price reflects the actual lowest price also ie: through out the we want the 96k sticker price and add ons and the make it sound like that 96k is our retail lowest price crap. Let's talk he Bob at gmc look I've brought 138k cash in my day planner and im spending a chunk now so is it you Bob at gmc that is wanting the $ ?show me what truck i want and and if the cash is still on the desk in 1 hr then I would expect a temp tag and paperwork so I can get back to work in my brand new 3500hd 4x4 duramax loaded and I was happy with a amazing price discount and heck manufacturers discount plus I didn't have to make a trip to the next gmc dealer and spend cash at there building. But remember im willing to go to 10 gmc dealers if needed or I will not spend that cash if im not happy. Oh and look my amazing price covered all necessary charges so everybody from the lowest person on payroll got his cut all the way to manufacturer but maybe not as much as Corp America wanted but they still profit and in 6 months if I feel warm and fuzzy I can always bring that day planner filled with cash for a end of year Christmas present to by another truck and tip some amazing employees to make sure they will be here again in a 6 months to 3 years if I just can't live with out a upgrade.
@@1969bones69Hell yeah! With a stripper pole in the bed.
They only learn when people stop buying…just like any business. You have the power…just don’t replace your old one till they come to their senses
Im a long time full size truck guy. Though due to the current economy I just picked up a 24 Chevy Colorado WT for $29.7K (in socal). I love it! Well equipped, great mpg. I’m really pleased with it.
Why are electronics in cars so expensive? When all they really need a smartphone with the apps. Why do they need so many different computers some cars 8 or more. And that just leads to more of a chance for failure a new car sure have a lot of them
I'm a retired ASE mech. just picked up a relatively clean 20 ram 2500 tradesman 6.4l with an Aluminum flatbed with under 50k miles for $25k in south jersey .. needed tires, power steering noise ($500) and an appointment at the dealer for some exhaust manifold bolts under factory powertrain warranty... already planned on suspension, tire/wheel, and electrical upgrades so other wear and tear items are already budgeted for ... it's a platform for running a flatbed camper in NV while im in school the next 2 years for welding and machining in NV!
sold my 08 Tacoma for 12k 18 MThs ago! so got out while high and just been waiting to buy as prices and rates dropped or are getting ready to drop so I can refinance
They can keep making vehicles more expensive all they want...they cant force people to buy them though
Make a real work truck 2 door 4x4 . Under 30k.
LMAO not possible anymore. For $30k the best you're going to do is a front wheel drive Maverick.
My link won't load !!! Go to Cleetus mcfarland GMC and see if this is what you had in mind!!!!😂!!
You have a business model. Do it. Build a gas truck factory. Produce a sub $30k truck. Make bare minimum safety. Power nothing. 8mpg. Manual transmission. 1 color, primer black. You can do it.
To all that replayed.
This is what the American people need .
But the automaker's refuse to make.
Two wheel drive and a longbox for me.
They need to have a REAL build you own car type of thing.
7:03 so the point that's kind of missing from that conversation is the prices aren't supposed to go low because a car and personal transportation means freedom and we are pretty much in the last days of that what I mean by that is the governmental policies being enacted almost across the globe save for maybe a handful of countries align with the thought process that you will own nothing and be happy you know the mega cities that you see in the futuristic movies where you're under heavy surveillance yeah how else do you get there but no car ownership that's the long-term gold funny enough you can even see it happening with the housing market where the average person is no longer able to own a home
Got wife dodge 2024 basic 4x4 for 35k. And that was a lot but she loves it. Kept the last one 20 plus years
the new trucks will last 5 years, all 3 big brands. new trucks are junk
I willl never buy new again. They can rot. The prices are ridiculous.
Used is just as bad of a bet right now, unless you are buying cash cars. Interest rates on used cars are insane.
The used car market where I live is practically dead. I have been tring to sell a car for a month and I have had no messages on it. Priced reasonable and should sell but nobody has any money.
Bu bu but......clowns here said it's great?????
The costs may be going up but if they can't sell the ones they have, they won't have to make more of them
A local employer that pays a living wage used to have a lot of new and newer vehicles in their employees' parking lot. I had a job to do at their site yesterday, and most of the vehicles in their employee parking lot were at least 10 years old or older. People can't afford new vehicles.
The durability is shit tho so I can see older reliable cars becoming crazy priced
90k for plastic? I don’t think so
They are not even worth buying at 50% discount...
It's the unions. 60$ an hour for a fork lift driver
$75K for an Electric truck @ 8:55 . . . Thats an easy HARD PASS
LOL no kidding.
I'll just keep rebuilding my 1988 Chevy Silverado it runs just fine. 👍💯🤪🤪🤪🤪🤪👋👋👋👋👋👋👋
Say it bro 😊😊😊😊😊
Yeah, I'm 41 remember when a brand new high-priced vehicle was a lot when it was 21,000, then became $30,000, then 50,000, now $80,000 are you freaking serious.??!
They should be lasting longer in the ones from 40-50 years ago
Oh bro, love channel, but please don't bash Avalanche, lol.
I own one and absolutely love it.
Universities turn out Geeeeed merchants the products never are improved because all the money went to the upper management and a few Realy big share holders.
reason gm is way over charging for these trucks is they need to pay for all their massively expensive ev factories
Yep
If you make $20,000 profit on a pickup compared to $500 on a cheap car only means something if you can sell that pickup. If the truck doesn’t sell your profit is zero. The financial planers at the big 3 must have got their degrees and jobs due to DEI.
They’ll just offer $5-10k in rebates & incentives, somebody will buy because they got a big discount and the dealer still makes a big profit.
It amazing how many men will spend that much. My avalon limited hybrid costs $40k and gets 44mpg. Most trucks are not used in construction but more a oversized overly expensive ride.
Escalade EXT
Why does anyone buy new. My 2005 suburban 5.3P, 2006 chevy crew 8.1L , 2011 lexus gs350 are all i need. And when break ill just fix at fraction the cost of buying new
Mary is showing her leadership skills with that $30,000,000 pay package. . .
Another DEI hire that will soon get the boot.
Your right Brandon with the short beds and decorative features trucks do not look like trucks any more.
I bought a new 1974 Chevrolet C-10 long wide bed V-8 with radio, heavy duty shocks and springs and a rear step bumper in central North Carolina for $2995 cash money. It got 18 MPG in local driving and 16 with my insulated 750 pound camper style tall bed cover. $90,000 plus interest, plus gas and insurance and maintenance? It is truly, surely most sincerely over. So sad. The last days of “See the USA in your Chevrolet” were long, long ago. Thank you Dinah Shore. That ad was true inspiration to a whole healthy, happy generation. Many of us traveled Route 66 more than once.
In 1975 I bought a GMC half ton 6 cylinder 3 on the tree 3600 hundred tax included oh ya brand new.
Nobody can afford it.. that is why Repos are at the highest ever...