Toyota Dealers CAN'T SELL Cars or SUVs! Toyota INVENTORY CRISIS!
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- Опубликовано: 23 май 2023
- Toyota Dealers CAN'T SELL Cars or SUVs! Toyota INVENTORY CRISIS!
Live Dealer Auction - • Car Dealers CAN'T SELL...
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In this video I got to Toyota dealerships to look at their inventory levels. Toyota has a big problem with inventory right now. I also give some prices of the new toyotas that I find.
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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.
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*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
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I use to sell cars (just quit a week ago after 5 years) and I went from making a steady income to making $1500-$2000 a month. Everything we had was losing money and people couldn’t afford the vehicles even with our inventory losing thousands. I truly felt bad for our Clients because prices are just too high and interest rates keep going up. Toyotas in my state (Texas) have practically nothing on their lot, so they’re still adding a ton of “market adjustments”. It feels good to leave the business, I just got my first non sales job and I’m nervous but I feel way better now.
UPDATE:
I’m a bartender now. Still stressful but not the same kind of stress. I do miss selling cars weirdly, all I think about is cars sometimes. I enjoy giving the regulars at the bar advice on their next purchase. I’ve had some interviews for jobs using my degree so hopefully I find something I love while bartending on the side 🙏🏼
If you in Texas go get you a skill and work in the plant.
@@moblack5883 what plant? growing weed kinda plant?
@@JimmyWayne7 plant = oil refinery , chemical plant , petro chem plant
@@moblack5883right, but not easily done as a transitionn for a previously sales agent, coz big shift from dealing with ppl to just do the work no real social interaction will drive some crazy , just you and the job
Toyota tried to charge me 10% APR on a new Prius lol 10% on a new car!! What??
Dealers have made it to where only the RICH can buy new vehicles! They can keep em!!
Chevrolet dealers are preparing to sell brand-new 2024 Trax LS automatic for as low as $17,995 newspaper ad sale price (from $21,495 MSRP) by the end of this year. There's hope....
@@waltchan a 1.2l turbo that only get 32 highway? 😂😂
@@OgKamoGaming At least you're saving $10,000. Most Toyota SUVs sell for over $27,000, anyway.
@@waltchan The only problem is that it's a chevy lol
The Chevy Trax is made in South Korea and China.
If enough people just stood their ground instead of seeking instant gratification from impulse purchases, these dealerships et al would STOP price gouging. It would literally take 30 days and they’d learn
No more stimulus check purchases.
Amen just stop buying them and they will get the message
Too many car shoppers are not doing their homework. They show up on the lot and they believe what ever cr@p the dealers tell them.
@@Chiklet42 They are all learning a valuable lesson their parents should have taught them.
Now THIS is the BEST COMMENT of the DECADE ... thanks @Matt Daladier
In 2019 you could get a 4Runner TRD pro with all the options for 45K, that same 4Runner today will range from 65K-80K. The markups are killing the car industry.
Yeah. It sucks. They are crooks.
The same goes for the enthusiast sports car industry. $35k Nissan 350z's don't sell for under 50k A 50k supra won't go for less than 65k. Everything has at least a 10k to 15k markup, and in some cases, a lot more. You can't get a GR corolla for under 60k, while msrp is 42k.
It's funny how there are still Toyota dealers selling at over MSRP. I went last week to look at a Camry they wanted 4995.00 over because of market conditions. I laughed and told them i would just drive about 70 miles to a Toyota dealer that sells at MSRP. They said the market was tight and that they may not have the car in stock. Yea right they had over 12 of them. 😂
Yep! The one closest is at MSRP, the one 45 miles away has a $3000 "dealer adjustment"
mac this post covid market makes no sense. drove buy a toyota dealership in toms river nj. no new camrys or tacomas on that lot when they usually live. nothing makes sense anymore. eggs at $10 a dozen. people have to be less centric and do what u do. if you have to drive 1000 miles and stay overnight in a motel to save 4500 - do it. why were there no cars, cars and now no cars? what is going on? gm ford and ram have a million pick ups. that market will crash soon.
@@subaruamazon no one wants a ram or does that’s why😂
@@tylerf9400 yeah I was gonna say. No one wants pickup trucks right now. They’re horrible on gas, and overly expensive. The only people who should be buying trucks right now are people who use them for work/hualing. And those people are buying the base model V8s. Not these lifted Maybachs abominations that look like “pickups”.
I bought my 23 rav4 at msrp they had a 7k mark up with add ons and blah blah blah lol total was gonna be 53k with taxes 🤣 ended up getting it for 39k
Ain't no way in hell that I was pay $80,000 for a truck that only has a V6 engine!!!! That's an easy pass
I saw a report where they said Toyota produced the most cars ever last year with 9M. However, they shipped the lowest amount to the US to keep the inventory low and thus the car prices high.
Saw the same report. Toyota is just playing games to keep the prices up. So sad. Bought a Mazda instead.
Time the Feds got involved...anti-trust laws ! Market Manipulation !
This exact thing happened to my wife and I. We went to Toyota to buy 2 vehicles and 3 hours later we left with a Mazda and a Ford. The mark ups alone was enough to make me leave but the lack of new cars was just ridiculous.
The issue here in Texas is the stealerships. They mark up the price so much that nobody wants to buy one. Its easier to buy a Tesla with the no hassle or hidden fee than paying for markups. For example, I wanted a new GR Corolla which starts at $42k MSRP, the dealerships around me at bare minimum is starting at $60k with fees and "rare car" fee.
These dealerships deserve to go out of business.
Spit my coffee "rare car fees".Thats some next level euphimism for ripoff.We want innovation in cars,but not like this😂
But here in Indiana you get Chucky Cheese point’s worth 100 box if you spend over eighty big ones.
@@sreejithpanikar8781 I agree. A "rare" *BRAND* *NEW* Corolla? It's pretty much price fixing by the manufacturer: Make too few, then charge more because it's "rare"🙄
I live in DFW and gave up on Toyota. They just aren't building enough vehicles. Chances are high that you will pay over MSRP, wait months, and not even get the exact car you want. Don't even get me started on the hybrids.
Been this way at all the local Toyota and Honda dealers since Covid here. If you want something you either have to get really lucky, find an incoming unclaimed allocation and put a deposit down, or order/wait. Many Toyota's are a 6-9 month wait for the popular models. I was able to find an unclaimed allocation for a CRV Hybrid that "only" took me 9 weeks to get. And they only had two unclaimed allocations for a massive dealer so it is what it is. I ended up not getting all the options I wanted but I also did not pay huge markups like many Toyota and Honda dealers are putting on their cars.
It is clear to me at this point that Honda and Toyota like this model to keep prices high and inventory low and they simply refuse to go back to having 60-120+ days of new inventory sitting on lots and having to offer incentives and discounts. They are trading volume for higher prices and it must be working for them.
Smart comment
I'll keep my 20+ year old, paid off, well maintained cars while all the fools pay those $500, $1000, and $1500 per month car notes. Sometimes up to 10 years now. As my grandfather was fond of saying, "A fool and their money are soon parted".
Aint THAT the truth!! AMEN! I own a 2019 Prius, LOVE the new gen 5's but it'll be a cold day in hell, I want car payments again!
You’re 100% right about Toyota losing customers. I looked into trading my 2015 Sienna for one of the new hybrid models, and the response from the dealership, in terms of pricing and availability, was enough to get me to just keep what I’ve got. I’ve been a life long Toyota customer, but I’ve got a pretty bad taste in my mouth about the brand right now.
All-new 2024 Chevrolet Trax LS will go for as low as $17,995 newspaper ad sale price (from $21,495 MSRP) by the end of 2024 model year. Toyota and Honda are in serious trouble.
Toyota is that ugly girl from school who went from a 3/10 to a 5/10 now grown up and thinks they are hot shit. 😂
Absolutely 100% right about the statement!!!! I myself am a Toyota owner and both of my grown children own a Toyota vehicle, however, the price is just out of our reach and it's getting worse. Keeping my Toyota vehicles for now, and NOT getting new ones anytime soon, unless Toyota company would go down their prices way down!!!!!!
@@waltchan lol... only for those who shop only by price. I've owned a lot of Chevies, particularly trucks, and they are nowhere near the quality of Toyota or Honda.
@@strong_voice_of_truth More people are returning back to American vehicles now. Japanese was the past. JD Power currently rates Chevrolet higher in initial quality than Toyota and Honda now. It wasn't like this before in the 1990s.
At the Prescott Arizona Toyota a 29 year old salesman told me prices are high because he needs to feed his family can you believe that? He then went on to state maintenance plan add-ons are mandatory. I am filing a complaint against them with the Federal Trade Commission because these add-on fees are in fact not mandatory. Too funny how this criminal behavior is allowed so he can 'feed his family'. A buyer also has a family to feed. Too comical...
Then another major Toyota dealer in Mesa Arizona has stalled/refused to do a buyer order line item by line item for negotiations. These dealers are all criminal enterprises and should be in jail. Too funny and in 6 months they will have no buyers at all and be living in the streets.
Good for you. take NO ADDONS on a new car. Each one is a scam
@@castorkat4868 With a drive away price buy order itemized and negotiated, Toyota cannot steal from you - therefore dealerships will not even start the process - to comical...
The fees can be mandatory at the dealer level; the salesman and dealer are in the clear if he didn’t claim it was state or county-mandated.
@@EMichaelBall lol
@@EMichaelBall That’s not how that works.
Literally had this same conversation with a Toyota dealer today. ETA on a new Sienna they said was 2-3 years… nope. Going to buy a Honda instead.
2 - 3 years? What the heck is going on? That’s poopy!
@rhonda1967 Very high demand for minivans these days
I have a 2013 Sienna that doesn’t really meet our needs anymore (kids are grown!) and want to get another Toyota (Camry/Lexus/rav4) but there’s nothing to buy and I won’t play their silly games I’ll just drive it into the ground.
You're absolutely right when you say that Toyota dealers are going to start losing customers to the competition. My sister and Niece wanted RAV4's last year but ended up driving to the Honda dealership and buying two new Honda CRV's because the RAV4's were never available at any of the Toyota Dealerships in our area.
I MUST be old! I would struggle to pay those prices today. We bought our used 2005 Sequoia in 2008 for $24,000 with only 30,000 miles!!
My grandfather just bought a 2018 F150 with 20k mikes for 25k. Deals are still out there. Look for body styles/colors no one wants.
The new Tundras are blowing turbos
I wanted a rav4 but the stealership marked it up so much i said forget it. Now 4 months later i got an email asking if they could help me with a vehicle purchase. 😄
Just keep what you have and pay it off.
@@EMichaelBall me too. 07 camry here 142k miles. it did have repairs recently which surprised me. but i will drive this thing into the ground. oil changed 5k miles synthetic. well put it this way, it will last me until this economic lunacy is passed in five years or more.
I was at a toyota dealership on Friday getting my oil changed. Found three new 4Runners all around 50 to 55k but all had a 9k market adjustment on them!
wow what criminals.
Something you may want to check out if you haven't. The dates on many of the tires from the vehicles sitting forever waiting for chips or other parts. I've also heard that the spare on many is 2 years older than the others based on the stamp. Not sure if that's something worth checking out. Love your videos!
I'm sure they put as much effort injecting pure nitrogen in those tires as they did hand painting the pinstripes.
LOL !!🤣
These dealers are Vulgar and really think everyone is as dumb as a box of rocks.
I will bring my bearly working cigarette lighter sears tire inflator and put in nitrogenfor you. lol. nitrogen, where do they think this stuff up?
LOL. Yeah, for all we know we are paying $200 for green valve caps 😂
I have had negative experiences in several Toyota dealerships southwest of the DFW, they overcharge for everything, including on their used cars. They are worse than other dealership brands. Same with service. It's not worth overpaying for these cars.
The used prices were too close to the new prices for Rav4s so I just ordered the trim level that I liked and waited a month. If used prices were more reasonable, I would have definitely bought used.
My local Toyota dealer's lot has been virtually empty for the last two years. Last weekend I drove by and it was full of vehicles. Like overnight, scores of new Camry's, Corolla's, Rav4's, Highlanders, Tundra's and Tacoma's had either just dropped out of the sky or they must have been hiding them somewhere. Of course, silly me, I was looking for a 4Runner and they only had one. 😡
Earlier this year, my 1st choice was Toyota until every dealership I went to tried to add $2000 paint protectant and $1500 lojack to the price. I found a Mazda that is way nicer than the Toyota I was looking at and went with Mazda instead!
Been a Toyota customer since '86. I switched over to Mazda, got a 2 yr old Mazda 3 for a lot less than a Corolla and it's much more car.
If you're someone that doesn't buy a new car regularly, you will regret it. 👍
FYI, Mazda currently uses Toyota powertrains with their partnership, so... Double kudos, lol
@@DocJeep1 No they won't because Mazda are now up there with Honda and Toyota.
I’ve owned 3 Mazdas you won’t regret it. They are great vehicles!
This channel should be a requirement for anyone who is contemplating an auto purchase. So much valuable information from a honest used car dealer. Not in the market, but would go to NC and search for Brandon if I was!
Thank you so much!!! Too kind
I live in GA i am trying to find you guys. Someone said you can reveal the name. Can you give a hint? I need a car
Oxymoron: an honest used car dealer
@@picklerix6162 Seriously! Plus he's so honest, he won't even tell you the name of his dealership!
@@carquestionsanswered why you don't give the name of your dealership in North Carolina
These manufacturers have figured out that they can keep inventory low and demand remains high in relationship. There is no incentive for them to change at this point. Harley has been using this business model for years.
Thats what I think. They are purposely keeping inventory low to keep the prices high.
It also allows them to be more selective on parts to hopefully retain reliability.
No, Toyota has, because Toyota's customers (like H-D's) are very brand loyal. The other brands have tons of inventory and decent incentives. Go look at Mazda, Subaru, Buick etc.
i think it will catch up to them eventually. ford, gmc and ram will crash soon. remember how many people buy harleys? how many buy f150's there is a difference.
Keep inventory low/price high doesn’t help long term for dealerships, if there’s not millions sold around the world, there gonna get any labour/parts repair much lol
I've owned a Toyota of some type continuously since 1987. Probably averaged buying a new Toyota every 3 years or so. Absolutely love their vehicles. I have always thought that their dealerships were a little shifty but I always managed to get the vehicle I wanted at a mutually agreeable price. But post-2020, forget about it. The dealers are absolute scum, with ridiculous markups and the sleaziest salespeople I have ever dealt with. For the first time ever I have no newish Toyota in my driveway. Post 2020 I've bought a Hyundai, Subaru and my latest buy is a '23 Honda Ridgeline (all purchased below MSRP). Tried to buy a Toyota instead of the Honda, but there's no way I'm paying a $10,000 line item labeled as
"dealer profit" on top of the usual upcharged dealer addons. I give them credit for being upfront that they're screwing you. But for a total of $20,000+ over MSRP on a Tacoma, nah I'm good and the experience soured me so much I doubt I'll ever buy another Toyota.
Scotty kilmer is driving up the price of Toyotas with his hype
the bud light of cars 😅
It wasn't just toyota adding the corona markup. They all did it
@@allencoffland1685 lol that’s a weird comparison. But Toyotas never die. Sucks the dealerships are scum because the cars can’t be beat for reliability.
@@raydemos1181 I used to LIKE Scotty. He' s the clik bait king. 🙄
I like and own Toyotas, but not enough to pay inflated prices. There’s other good cars out there. 😊
@@bc_usa Meh. Not as bad as Toyotas right now.
I bought a Nissan Leaf with 41k miles for $2k last month.
Honda isn't quite as good as Toyota, but I consider it my #2. Great value usually!
camry here. id say honda and mazda are good too.
camry here. id say honda and mazda are good too.
After my very problematic 2020 model-year Japan-built Toyota ownership experience, I completely lost trust in the brand. So, they can sell their price-gouged dealership vehicles to someone else. They just don't build them like they used to.
Which vehicle was it?
What model?
When you see the crappy plastic parts all new vehicles have in them you know expensive repairs will happen in a few years.
@@Dougm1989 It was a 2020 Corolla SE Sedan 6-MT. The earliest ones of this new TNGA platform generation were made in Japan, so I was expecting a lot better (plus it was a 6-speed manual, which should be a bulletproof design by now). Instead it experienced various electrical, starter & transmission/shifter issues & needed towing for repair on multiple occasions back to the dealership(s). It also developed all sorts of rattles/vibrations in the cabin area in the doors, pillars, dash, & roof, & the super white painted plastic bumpers & side sills discolored to a yellowish white & no longer matched the regular super-white painted metal surfaces. I got rid of it finally after 2 years & multiple repairs/fixes. Bought a 2022 Mazda & that has been a trouble-free experience thus far after 15-16 months.
@@jaimeim18 See above post.
Here in Canada, there are almost no new cars on the Toyota lotz. On the good side, I have ordered a new RAV4 with no additional markup, no "mandatory" options, just straight list price. In todays world that is good. Wait time is 6 months, maybe 8 for some trim levels/colours.
I just went through this with my Toyota dealer Was on a waiting list for over a year for the new Corolla SUV crossover I finally gave up and bought a Buick Encore GX and I love it
How are you not harassed by salespeople when you get on the lot? They always tackle me after I open the car door.
@@karkule5919 And they don't mind people (competitors) making videos on their lot? Wild.
Dealerships are closed on Sundays!
Sneaks in through the rear
This guy's kinda clickbaity
Next time walk around with a video camera
Don’t buy from any dealer that has a bunch of unwanted or unnecessary add ons! They are trying to get you to pay more than you want to! Leave and keep looking for a reputable dealer!
I have not found a single reputable Toyota dealership in the past 6 years. I have written off that brand.
@@godwhomismike Ford is even worse.
@@OtisFlint Yes bu at least Toyotas are more reliable than Fix Or Repair Daily vehicles
no such thing as a reputable dearlership lol they all are there to take your
money .
Neat seeing you here in Concord. Recognize the dealerships as I live here in town and live right near Hendrick. Been here for some years now and their lots are nowhere near where they were a pre-pandemic.
As credit tightens, let’s hope these dealers and car companies come to their senses and ask consumers for forgiveness from their greedy Corona cash grabs…..and let’s hope we as consumers let them know what greedy pricks we think they are!
I want them Bankrupt.
Calm down. You may not like it, and I understand that, but it's capitalism. There is nothing wrong with what they are doing, and that's obvious as people are willing to pay thousands over MSRP. When the market isn't willing, they will quickly adjust. You all did the same thing with your used vehicles to each other and to the dealers.
@@seapanther53 It's called price-gouging in a public crisis. It's actually illegal.
@Jeffrey Kalb 🤦🏻♂️it's not illegal. It's not essential goods like lumber for rebuilding houses that were brought down by a hurricane. These are luxury items that come at many different price points. Further, if it was so illegal lawsuits would've been brought to all dealerships and private sells bc EVERYONE was marking up vehicles, new and used, company and personal/private.
Yea and those real estate agents need to go bankrupt too! They made the house prices too high!
Texas, Dfw area. The yota dealerships are pretty much the same, mostly used cars in the lot. The new cars coming in had been spoken for months prior to their arrivals.
Here in NJ I'm looking at the new Corolla Cross Hybrid.I called 4 dealers only ONE SAID they are getting ONE in and would I want to put a deposit on it before it goes out the door . PS. the dealer is jacking it up $1600 over MSRP. FORGET THAT !!!!!!!
You answered your question of why Toyota shoppers don't just go next door to the Honda dealer.
I was in the mkt. to purchase a car but at this point, I don't believe new/used prices will decrease much this year. Don't understand how these STEALership (new & used) remain in business. This is very discouraging.
Thanks for the update on the Toyota market Brandon.
All the Toyota dealerships around me still have $2995 on top of msrp on everything.
Amazing
@@mavfan1 NC
Los Angeles mark up from 5000 to 15000
My Toyota dealer is at $7999 above MSRP.
@@kirill6262 What about Longo Toyota? They say it's the only place with no mark-up, and orders have a high waiting list at MSRP only.
Went to my local Toyota dealership 3 weeks ago to look at couple of their products. They would not show me a vehicle until I filled out a credit app. I left and that dealership will never get any business from me. Oh by the way it’s. Peter Boulware Toyota.
That does apply to TX. The number of new vehicles with temporary plates is Texas is just amazing. And not just cheap SUVs but also full size pick up trucks and SUVs.
@4:50 As someone who was a recently previously looking for a Highlander, the Highlanders that you are seeing are ones that Highlander buyers don't want. All of those were FWD Gas-only XLE's. If you were seeing AWD or Hybrid XLE's, Limiteds, and Platinums sitting, THEN I would say that Highlanders weren't selling.
Noticing the same here where I live, Honda dealers are not being upfront on their pricing posted on website, only depicting msrp pricing, but when you get to the lot they have add-ons and dealer markup close to $5K. I was trying to buy a Sport hybrid for $37.5K OTD, they wanted $44.5K before fees and taxes. So I ended up buying a Mazda CX-30 Carbon Edition below msrp! Toyota dealers here are not able to place orders for RAV4/Cross hybrids.
larry the toyota world seems to be gravitating to mazdas and subarus.
Same problem in the Kansas City metro area. Used costs more than new! New cost more due to additional fees that never existed before! 120 days or more for delivery! I'm not interested in paying too much for something that depreciates soo quickly!
I was in a number of states recently (Texas, Southeastern ones) and Toyota lots had a lot of empty lot space vs. dealers of other brands. To me Toyota is intentionally trying to keep minimal inventories, pushing for ordering of new cars to keep their pricing and corporate profits up. They are screwing themselves and their dealers in the long run and I suspect dealers will start to revolt, perhaps even filing lawsuits over not having enough inventory.
As others have noted, brands like Mazda are gaining sales and market share, especially in the CUV/mild SUV market as have good inventory, offer a Japanese engineered (and with some models Japanese built) vehicles, for fair pricing. I would also note Mazda has upgraded almost all their dealerships, offer good looking vehicles inside and out, they have great engines, real transmissions (not CVT's). Subaru hasn't been as greedy as to pricing, they have taken a longer term view of their customers. As to many brands, they expected a lot of pent up demand post-pandemic but flat incomes, high inflation, high interest rates, failure to make most available vehicles of moderately priced versions is hurting them now.
Fair pricing???
I'm not interested in "upgraded dealerships." That means high overhead.
Well explained, Toyota themselves has almost everything to do with the limited inventory.
Mazda is a great car still built over there. My 06 3 still runs like new 17 years later now. No problems just overzealous maintenance I suppose.
@@litenrg1990you do know Toyota does not have say in how an independent dealer operate. They may be Toyota but it’s up to the owner of that dealership you go to, to add the adjusted price to the vehicles.
Spot on, he one sure thing about Toyota dealers' shenanigans is Toyota has lost many customers for the long term.
In looking at cars online, I have seen a lot of "used" ones where the Carfax shows a sale to another dealership and then a repurchase of the same vehicle. It's not just one, it's dozens. I suspect that they do this for some sort of pricing manipulation. None of the vehicles had more than 1,000 miles.
My theory on that is there maybe be some new car pricing/manufacturers bylaws that is bypassed when it comes to used
My guess is that they are gaming their flooring plans to screw with the finance guys who give them money. Likely an illegal practice.
if they were registered, they are used. can u tell if they were registered?
You dont need to show msrp in used car. You can put anything you want in price sticker. Maybe this is the reason.
Same thing I noticed, following Toyota inventory for about 6-months now.. 2-3 months ago there were about 80 highlander hybrid platinums with 250 miles (of Atlanta). I was hoping for more (so prices would drop to sanity) since the pandemic supply crisis was over, but the 80 decreases to 16.. There is no negotiation on the price when they are so rare (and as in the video; this dragged used car prices up too). I ended up paying 57K (incl tax) after daily searches for new inventory, and couldn’t get the interior color I wanted (since I “needed” a car now). AND YES, you have to pay for forced dealer options if you want the car.
I live in Ontario, Canada where the Toyota Manufacturers are located. There is no new vehicle at any dealerships. It would take more than 2 years to get a RAV4. I was lucky to get my 2023 RAV4 Hybrid in two months because someone canceled their order.
My local Toyota is also a ghost town of inventory.
LOL @ them following you around with leaf blowers , last time they were locking and unlocking car doors as you went around , to make the horns sound! 😆🤣
Great video, I hope the dealers see this, and see the problem. I was trying to buy a new Tacoma since the pandemic, which brought on the Market Adjustment craze. After not being able to find the exact allocation I wanted, or a unit that was priced $5k+ over MSRP, I threw in the towel, keeping my gifted to me 13 year old van limping along. I almost pulled the trigger on the tacoma that had everything I wanted, but hesitated when the OTD price was $66k, I'm so glad I didn't do that, I almost felt bullied into buying it, after that dealer said "good luck, you'll be back", nope never went back. And I have vowed to never give my business to any of the dealers who tried the "Market Adjustment " price increase
¹qqq😂
Didn’t see any Sequoia’s either. Toyota in my opinion is purposefully constraining supply to keep demand and price values high until they fully understand the magnitude of the recession we are heading into.
I recognize those stealerships! All I will say Brandon you do a great job buddy. I love watching your channel! Wasn’t able to buy from any of these, ended up going to a smaller somewhat independent Toyota dealership in a North Carolina smaller market and bought a new Toyota Venza LE hybrid for my wife and they removed the southeast Toyota distribution add-ons, price $34,000 + $539.00 doc fee. Big corporate stores are not the way to go and less you want to get killed! If you’re going to a big corporate store the race car team owner leaves the southeast Toyota distribution add-ons +3000 protection fees! The huge store with the multiple parking deck is outrageous playing games…watch out for f & I folks
WHY DID YOU PAY A DOC FEE. are you crazy ..Look up your state limit on that scam fee
@@castorkat4868 this same car was $38,000 at the other stores MSRP window sticker was $37,600. They took off more money and then had to add the dock fee cause they can’t charge it to some people and not others anyway, car is worth 39,000 at Carmax and Carvana with 16 to 20,000 miles
@@castorkat4868 Some states don’t have a limit on doc fees. My local Toyota dealership charges a $699 doc fee!
@@BangBang-hk4rg Same here man..No way I'd pay that
This is why I’ll keep my 2009 Sienna XLE forever . It’s a 7 passenger family hauler and when I take out the middle seats and fold the rear seats into floor it’s a moving van . Still looks and runs like new ! 😊
All these "pat yourself on the back" comments. Nobody cares and not helpful.
That big payment every month must hurt
Minivans are underrated
@@frafraplanner9277 I need to get one of the decals that says “ I Used To Be Cool , Now I Drive A Mini Van “ 😂
Bro cmon like our car hasn't even been paid off yet and it got stolen and we got brand new cars now the RAV 4 and highlander hybrid might add another truck to our fleet probably.
Great content bro .. watching this vid , I realized you’re local to me. I been wondering where you are based out of lol … keep up the great work bud !
Highlander is way more comfortable than a 4Runner - but they’re designed for a different purpose and obv a different customer as well
I like them but I’m not buying a vehicle with 3 rows of seats.
Tacomas in Central FL still have $5K dealer markup on top off inflated junk fees. Hold the line. Do not buy right now.
Great job capturing the situation!👍👍
Ran into this last year. No cars at all. Loacal Subaru dealership. In 2019 they were bending over backwards to deal with me. In 2022 they said" if you think you can find a car or even a price better go ahead. " we had bought 2 vehicles from them and came back to buy a 3rd out of dealership loyalty. But all we got was rudeness and smugness.
Nitrogen is 12 dollars a wheel in Toronto Canada. And the nitrogen does nothing for your tires
Psi doesn't change due to temp fluctuations. Most people won't notice
I believe the sticker had a typo. "Pinstripe" was supposed to be the "Pinhead" charge.
sw what u gonna do? my answer is to stay private used. the only way to go.
Here is food for thought. The last two years I think all the major brands have been intentionally choking the market of cars. Selling higher end units keeping profits higher by selling less vehicles. rates are going up so folks have stopped buying as much. But I bet anything this is what has happned.
That final price on that CRV is RIDICULOUS!
Costco was promoting buying a car though them at a discount, so I asked for Honda CR-V, they came back and said the closest we have is the RAV4. If Costco is selling it through their discount program, there must be lots available, and discounts available at less than sticker.
dealers pay Costco a fee , the program is more a referral program than discount. And, they more than recover the discount by offering you wholesale or way under for your trade in.
@@bc_usa Costco also sells car insurance and vacations
@@gumerzambrano but do they sell dreams? lol.
They also sell coffins ⚰️
@@gumerzambranoi think that insurance closed down
New CRVs have direct injection engines so you will have carbon build in the back of the intake valve. Stay clear.
bingo. same with Mazda. avoid
@@jgg204 Valve head will glow red hot - pop - drop into the cylinder and game over. Maybe a walnut shell blast every 30k miles or ??
The CRV also has a junk CVT. Stay far away from that junk.
@@user-tb7rn1il3q all honda car-based platform vehicles have CVTs unfortunately. we are completely avoiding Honda and have been for over 20 yrs due to all of their transmission issues. honda in the last 20 yrs has been a disaster
$299 for a pin stripe? Those people have lost their minds.
I've had a new Tundra ordered since March 2022, and here it is May 2023 and it still hasn't showed so i gave up and bought a GM AT4 diesel. My buddy ordered a Tundra about 6 weeks before me and he got his last Aug of 2022.
I was at my local Toyota dealer for service today and they had NOTHING on the showroom. They only had a couple new Tundra's on the lot and the ones I looked at the window stickers didn't have any add on's. They were well optioned out but there wasn't one with market adjustment or dealer add on's.
This is because Toyota - unlike the domestic brands - is selling cars.
And it will be sold very soon
Tundras are made here in San Antonio. Quality control pretty high. I would buy one but have no need for a truck.
My sister in law leased a new 4Runner in Dec 20. She got bored with it so my wife and I bought it out from the lease. It’s a SR5 Premium 4X ‘21 with 20K miles. Cost us about 35K. The dealer was pissed as they called her trying to get her in to buy a new one and trade it in. When she said she let us have it they said they would be willing to pops more. Not going to happen.
Here is St. Louis, I know a few people who Ordered New RAV4’s because the Toyota Vehicles coming in on the Delivery Trucks are already Sold.
Still a ton of dealer add-ons here in AZ. They call it 'dealer adjustment', anywhere from $5000 on top of MSRP.
Same story in my state. Barely any new Toyota inventory. They are desperate for really good used cars where I am. I just sold my Toyota to a local Toyota dealer for the same price I paid for it two years ago, and I put 55,000 miles on the odometer. I can’t believe I drove that care for free for two years. LOL, it makes no sense!!
quant nothing economically makes sense.
Same problem up here in Ontario Canada no inventory, I ordered a new Tacoma this past January and was told July 18 😅
Our masters are gonna make that Tacoma undriveable within the next 2-5 years. "Carbon Neutral" either means no cars or no people....perhaps it is both.💉
This is happening in San Diego also. Most new vehicles coming to dealer already have a deposit.
This only happens in the States. In Canada, Toyota dealerships' lot is empty, where American dealerships in Canada aren't selling any vehicle.
To be fair, the markup cost would be worth it because the Rav4 will depreciate less than an HR-V or any American SUV.
I ordered my 2022 Nx350h six months ahead, I paid around USD 50K, including tax, and I can flip the car now for $65K usd because a new buyer would have to wait a year.
Went to 4 different toyota dealerships in the Denver area a couple months ago. They all have this problem. You "can" get a Rav4, you're just going to have to sit down and look at what they have coming in and put a deposit on something not spoken for. They're selling pretty much everything faster than they can get them in. Lone exception here is an Autonation dealer, but going there has it's own set of problems lol.
Yeah big problem for toyota
@@mavfan1 Not enough supply to sell all the product you could is a problem. Not as big of a problem as most automakers have right now of too much supply for the demand, but definitely still a problem.
If a car buyer buys something else, they probably won't buy any of your vehicles in the next at least 3 years and some for a decade or more.
@@mavfan1 it's a problem when they aren't getting enough... If I only bought 5 cars a month and sold them as soon as I got them it would be a big problem for my dealership
You can get a 2020 MDX or RDX with 30-40k miles for $35k vs a new RAV4 XLE for $40k. That’s a $55 Acura vs a $35k Toyota $40k. Both good cars but the Acura is a much nicer car. A well taken care of Toyota, Lexus or Acura with100k miles makes a lot of sense around $20k.
I made a few attempts to get a Toyota Tacoma over the past couple of years and hated how I was treated by Toyota dealerships. They all acted like they were selling some ultra rare exclusive supercar and treated me as if I was a bum off the street. First attempt: I ended up walking into a GMC dealership right after leaving the Toyota dealership, and drove out with a GMC Canyon. When that lease ended, I had the same experience again, drove to Nissan and ended driving off another lot with a loaded '22 Nissan Frontier SV. At this point, Toyota can fail for all I care. Toyota dealership chains are as scummy as the WormWood Used Dealerships of yesteryear.
In Canada it’s the same story. Toyota dealers asking $32 000 for a used 2017 Hybrid Highlander with 190kms! It’s insane!
Ive been looking at Toyota,, The suv are charging a higher APR vs Camry, Plus base models are hard to find
The prices are outrageous. I was lucky and got a brand new TRDORP 4Runner back in 2021 before the crazy price increases. It should last until the new 7th Gen comes out. $46K for a TRD Sport (basically base). That's CRAZY outrageous!
Saw on Reddit someone posted a sticker on a 2023 Tacoma TRD Pro from a dealer in El Cajon with a $15k "market adjustment." Selling price was $72,411.
I had the exact same experience in AZ- there is a dealership that has new 4 runners, rav4, tundras, (no supras)----and they are adding 10-15K on the msrp. The one I bought mine from sells them for msrp- and they have zero. They have used trucks and cars that look new- but they are all used. I talked to a salesperson and told him to call me as soon as what I was looking for showed up. He did, I bought it on the spot- and I think that is the only way to get a toyota short of paying 10-15K above msrp which I absolutely refuse to do. Great videos.
In Arizona, the markup ranges from $6,000 to $20,000 for a new car 😡
Woah really??
@@gumerzambrano
Yes, Arizona is a rip-off
I was in the market to buy a rav4. The dealer advertised having them online and when I called they told me “if I had a trade in i could get one in 30 days” since I didn’t they said it would be 9 months
Wonder how fast their tone would change if you told them you're ready to pay cash.
@@boskostoybox cash is the same as financing. Makes no difference.
@@moblack5883 Cash is WORSE for the stealers. They make as much on financing as they do on the darn car! I bought a used Rav 4 a couple of years ago...no trade... I sold private...I could have sold ten Tacomas if I had them... the phone rang like crazy! Sales guy went all up and down on their crazy 8% financing! I have SUPER credit and could get all the money I wanted back then from Scotia Bank at 1.5%. I have done well over two million with them over the past 10 years years in our crab and lobster business the last few years. The poor sales guy was heartbroken when I wrote a check for the out the door price we eventually arrived at. I am 77 years old and only EVER bought ONE new car, back in 1973..a Buick Century back then. NEVER again. I just will not eat 20% depreciation at the curb of the dealership. Sorry!I ALWAYS buy used and ALWAYS pay cash. I have never since then had a car payment!.
@@moblack5883 Cash is worse for them than financing
Don't ever trade in ever cause you'd end up making that mistake and having to wait for the car for 8 months until that car or truck arrives don't ever make a trade in...
I gave up buying a new Rav4 due to high markup and long waiting time. I eventually purchased a new Mazda CX-5 under MSRP with 0.9% APR finance. Very good deal.
Looked into CR-V and Rav4 for daily driving and just could not stand the exorbitant prices and arrogance. Settled on a Mazda CX-5 Premium with most of the options included like AWD and couldn't be happier.
They want to much is the problem not many have money like they used to have. It's turning into a rich mans world. I bought a new Camry in 2016 loaded for $ 20,000 I only put 15,000 miles on it I'm retired and not going to get ripped off and buy a new one at my age for a ridiculous $ 38,000. No way.
Chevrolet dealers are preparing to sell brand-new 2024 Trax LS automatic for as low as $17,995 newspaper ad sale price (from $21,495 MSRP) by the end of this year. There's hope... Toyota and Honda are not the future anymore.
I’ll always be a Toyota fan boy-currently have 3 in the family, but we just bought a Subaru crosstrek because we couldn’t find a Toyota for the price we liked.
bought my second toyota in 18. first was a 77 celica years ago. my folks had a legacy with 209k miles. did subaru solve the blown head gasket fiasco? the camry has had a good number of repairs bearings, water pump, fuel pump. kind of surprised.
@@subaruamazon I think they got it under control. Time will tell.
I like the Crosstrek also🎉
@@subaruamazon The head gasket problems were solved permanently in 2014
as a toyota employee i can attest to the shortages they have NOT improved since covid. we have been "sold out" since 2019 if you want a new one be prepared to wait.
One thing that plays into this is that people want hassle free cars and Toyota’s can go for 10’s of thousands of miles with nothing but basic maintenance. Try that with ANY Ford, Chrysler, Chevy.
Toyota doesn’t let you order. Dealers only get allocations at Toyota. That’s what I was told.
I looked around in February for a new Tacoma and found nothing new on the lots in my area of Southern California. All the dealers are doing now is taking orders and you'll get your car/truck in 3 - 4 months. Any yes, they are still doing 'market adjustments' and overpriced dealer add-ons. I reconsidered and went and looked at Mazda and Subaru as I don't really need a PU any more. The local Mazda dealership has plenty of CX-5's on the lot in all trim levels, some discounts, no silly add-on accessories or market adjustment fees, and discounted financing. Subaru has cars at MSRP but no market adjustment pricing added to the costs. I might be leaving Toyota after 35 years of buying only their products.
Try Longo Toyota dealer. 189 Tacomas in-stock.
cross u are not the first i am seeing make that move. mazdas are good. my parents had two. both good. did subaru fix the blow gasket fiasco? go with mazda.
oh yea, before you do that, find out and write to the president of toyota usa. send him a priority mail letter recaping what you said. see what happens.
Never thought I’d buy anything but a Toyota not anymore. My 2019 RAV4 was so loud and too many rattles definitely not built like previous Toyotas I owned and it was built in Japan. Love my new Mazda CX5 carbon edition. So much quieter and the interior is a lot better than the RAV4. It also shifts a lot smoother. Getting 31 miles to the gallon so not bad.
I read an articles that says alot of car companies dont want to produce alot of cars so they dont have to sell them with any discount or rebate. That's why alot of them are taking orders and charges over MSRP
My car was totaled in an accident (was rear ended) was in a rental for a month (took that long to order a new 4 runner). Dealership had NO new vehicles on the lot.
Actually Toyota has stayed pretty much sold out of nearly all of their models in my area. I have a friend who works at a local high volume dealer and they have hundreds of vehicles that are pre-sold upon arrival. Trust me Toyota is doing just fine.
This is what is see in Seattle are, Toyota is selling cars and trucks.
New Prius is a major hit. Everyone wants one