Dealers Crashing Prices On Dodge Hellcats, ScatPacks, Secretly Adding Interest On The Back End. Wow
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- Опубликовано: 25 апр 2024
- In today's video we talk about crashing dodge inventory prices and what to watch out for as dealers will try to get you on the back end now.
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Today's video is made possible thanks to Morgan and Morgan attorneys at law.
Start your claim in 8 clicks or less, Visit forthepeople.com/tksgarage
I wanted a hellcat but I refuse to pay 100k i decide to buy a house and got myself a Camry.
Dealerships in general are in a pickle. And then Dodge Dealerships are just plain fucked. They have two options at this point....
1. They have massive price cuts. 2. Keep prices where they're at and go out of business.
It's that simple. You cannot have astronomical prices + astronomical interest rates. Pick one or the other, you can't have both. Dodge is trying their darndest though, to have their cake and eat it too.
This is why you ask the dealer to see the buy rate AND always have a pre-approval from a credit union.
Damn how many people are these dealerships paying to stay up all night figuring out how to screw the customers?? They have to do that at night cause it's so screwed up. Thanks for the heads up. Yes you did tell us many times this was coming.
They've always screwed ppl like this. Just a old tactic. Some banks limit rate markup.
Here in the Francisco Bay Area guaranteed your Hellcat will get stolen or car jacked by some Teenager just so he can swing it at some side show on a Friday or Saturday night 🤦🏻
I tried to upgrade my 2022 Hellcat Charger widebody Octane Red fully loaded for an 2023 Octane Red Dodge Durango Hellcat and with a 750 Credit score and they still wouldn’t budge on price 108,000 1,700 or 1,800 $ per month for 84 month high interest I told them they can keep it they crazy as hell I will keep my 22 Hellcat Charger I have tried 2 more dealers all the same they can keep the 2023’s!!
Same, I've been trying to buy a scat charge wide body for cash otd .. little under mrsp but the not making deals.
Food stamp dodge is insane 😂😂😂
all dodges are food stamp LOL
Moral of the story...GET YOUR OWN FINANCING!
I saw the game too buying my scatpack. The dealerships especially Dodge make their money on Financing. They sell you a fully loaded scatpack at 55k then finance the car at 12% - 21% now our normal 600$ - 700$ mo is $950 - $1000. The lenders are giving the stealerships kickbacks. 😬
I had a 2019 Durango with low low mileage. I sold it and got into a 2021 brand new GT lease. My lease is up in Sept at $660 a month, not bad. I contacted the bank, and I was told that if I decided to finance the same truck, it would start at a minimum of 6 percent interest rate. I'm given the option to extend the lease for an additional six months. I wanted a scat, but the way things are going, I might jump ship and join bmw .
Just make sure your under warranty brother
i know interest rates suck but there is still thousands of scat packs for sale the prices will continue to drop farther
You won't regret it
660 a month on a lease for a GT. No bro, that’s not bad. That’s fucking awful.
If you buy in AZ, dealers will try to tack on a "Lieu Fee" trying to recover State taxes they had to pay on aging inventory.
Thanks for the honesty TK! So many people have completely lost their minds on 170s.
Yoooooooooo!! First time here but the intro is LEGIT!
I didn't get why the 100k markup? You can't make one person lucky with the msrp price or maybe 5k off? Dealers hate people in general..
Banks are tightening up. BTW TK, you have the perfect color combo on the SP, if I had one, that’s what I want 😎
This is Very True so very true was about to get a Hellcat they tried to Add so much interest in the back in
Could I ask what you would consider a fair price on these vehicles now ? Like what would you be comfortable paying . I got my eye on a hellcat jailbreak for my birthday in september and don’t want to get screwed
Your looking at a Mopar, and dealing with a Mopar dealership, no matter what you are going to get screwed. That’s how they operate.
Stop going to the dealership. Problem solved.
It's pretty clear the Dealers over played their hand now they're stuck. Funny how I don't feel bad for them.
“If it’s not a food stamp car” best one I’ve heard 😭
I found out from the bank I financed my car through, if the dealer gets the finance for you they can and intrest points onto the loan because they acted as Agents for the finance company. This way even if you buy the car they are still getting paid while you make your payments. Go to the bank first. Set up your own finance. Hopefully you get a better rate.
I got my 2019 Dodge Charger SRT Hellcat from the auction with 15,000 miles on it for 33,000 in 2022. It was the best decision I’ve made. Don’t go to the dealership for these cars
They have to disclose this. If they add it you can request that information just most consumers. Don't they look at the final number and if it meets what they're after then they sign the deal.
It's absolutely legit comments....I've seen several and have friends that have been through the exact same thing.....these stealerships are really starting to hurt with inventory they can't get rid of😮
Man they will learn!!!
I don’t think they’ll go up in value. I think they will depreciate very slowly after the first couple years.
If you are going to spend that kind of money, look for a '60s/'70s muscle car. Not only are they a LOT more fun to drive, but they WILL appreciate in value if you take care of them.
Getting real close for me to get a hellcat to sit in the garage. I prefer to drive my 3 second suv.
The dealership are in trouble because they know the EV charger will not sell and the twin turbo one might sell so they got to make as much money from the hemi cars because they will not make money off of the EV charger
That "buy this and that, and we can lower your rate" is as old as the hills. We had that on a 95 Villager that we bought below invoice. They dropped the interest rate if we bought the extended warranty and fabric/ paint protection for like $1,200. It absolutely worked out for us as it needed a new $4k transmission at 80k and I only had to wax that thing with their "poly" stuff once a year. 😂 There is no way im having a payment of more than like $600 a month!
I don't mind buying used cars, I've only bought one new car in my life. But I want a car that has been driven. About 8 months ago I bought a like new 2007 Mercury Grand Marquis, from the original owners, an older couple, which came with a stack of service receipts. It only had 36,000 miles on it. I'm a mechanic. I gave it a thorough going over. I put it on the rack and checked the bottom. The tires were new. No leaks, no rust (AZ car) The only thing it needed were windshield wipers. Paint and interior were in beautiful condition. I paid $10,000 cash. No tax, no fees. These cars last. I have 384,000 miles on an '06 model.
I am not interested in any late model car. I will not own or drive a car that is loaded with spy devices and driver interference systems. That's why I bought the '07 Mercury. It doesn't have any of that garbage. As for FUN cars, I have a couple of those. They are over 50 years old. They are carbureted. They have manual transmissions. And they ARE appreciating in value. One of them is a 1969 Plymouth Roadrunner, the other one is a 1967 Mustang GT.
You had me until you said "spy devices". Boomer be gone
That’s Crazy 😂😂😂😂
I wouldn’t call it “slash “ prices … more like slightly reduced
K , I own my 2019 Scatpack plus 40k miles avg 8k a year. Grandma car !
Great now I can get a Hellcat for $39k.
748 credit score, loyal customer and 21,000 trade in value. 846 payment I said hell naw 😂😂😂
Thanks for the info TK. So basically people need to know about Buy Rate vs Sell Rate regarding the interest on the loan. Also, people definitely need to know tied selling is ILLEGAL. Dealers absolutely are in the wrong when they tell you that buying a product can affect the interest rate on a car loan. Banks don’t give 2 shits what you buy. They just wanna make sure you can actually pay off the loan.
With Dodge and Stellantis circling the drain. I would not touch any of the products. There will be limited to none support in the future. Replacement parts will become scarce and expensive. No thanks.
Dodge/Stellantis might change the landscape for all dealerships on a legal scale with their stupidity.
MSRP only would be funny
Common scam. Just take them up on it, cancel the add-ons within 30 days (for a full refund) and then refinance (if necessary to get a better rate). F the finance guy.
There so many of these cars being repoed is part of the problem. Certain cultures destroyed these cars n quit paying its crazy
😂 just say what you mean, we know who the “culture” is
What up fam
What up!!!!!!!!!!
The banks may have just made the smartest decision ever.
Same goes for the insurance companies.
It's kinda funny all the people making fun of EV and claiming that they depreciate so fast and cost a fortune to insure. Now MOPAR have blown past them.
Here is to handle the loan APR. Ask the F&I guy if the rate is the "buy" or "sell" rate on the interest rate. Make him show you the actual approval APR from the bank and agree to nothing higher. Protect yourself. If you have to exceed the 72-month term, you are on too much car. Just saying'.
Stellantis is just trying to put Dodge out of business as a muscle car manufacturer. They don’t like their foreign made cars getting outsold by American. Let them eat cake and let them flounder with the rest of them
Dodge screwed up and over produced especially scat packs.if anything should have held some back and sold them as classics as a 24 model.some of these cars will be three years old and still on lots.every now and then you will see a dealer with 1 vehicle that for whatever reason is 2 years old and still is in inventory but some around here have 50 plus challanger and chargers still in stock.i can't afford a scatpack and I'm not buying an r/t that will run the same time as my13 f150 ecoboost with a tune.loving my 23 hemi ram though.
What do i think about ALL of this..............................Bideonomics is NOT working!!
This is not a problem at all just don't buy a dodge at all . Let them sit for 5 more years . That all😢
I'm so glad I bought my car when I did. Plus I would never pay the outrageous price for these so called muscle cars. They are American made, with their piss poor quality tag attached to its name.
Wow, this can't continue for long, collapse coming.
Now Butter’s car is throwing a check engine light at a 100 miles? TK is laughing at people who paid over sticker for a 170? We all should be laughing at anyone who bought one period, doesn’t matter what they paid. These things are phucking lemons.
All Hemis and Hellcats are cool, but let’s be real, they are way overpriced
No smart person signs up for this. I said what I Said... every Dodge Is a food stamp Car!! The smart ones bought the V-6 stripper!!🤣🤣🤣 car
It’s um, interesting that you dress like a 20-year-old kid from the hood, but film your videos in a suburban grandma house. 🤨 But regardless, I enjoy your videos.
C’mon man…you took time just to rag on his style 😂 you can do better Eddie
@@malcolmxavier2044 Jes sayin’ 😇
Ain't it a funny the smarter than you group is now getting hoisted up by their friendsat the bank
Buy a Tesla. Dodge the Rams, Scats, and Cats
F**K Tesla
Ya, and lose your ass in 2 years. Not good advice.
Downvoted for declaring any non-viper dodge is worth $50k!
dude you had me up until you said you can finance a lamborghini for 84 months for under a grand😂😂😂😂😂😂 fuck outta here TK you're paying 2 mortgages EASY and thats after whatever financial institution is willing to loan you some cash for that thing AFTER you made a substantial down payment.
I don't know where people are getting these magical interest rates from or these low as hell payments, but I can guarantee you, anyone with a low monthly note put some scratch down. unless you're dropping straight cash on these things, you're gonna pay for it, and somebody's gonna make a few bucks off of you. That's how it works in the world of commerce folks.
Gallardo are under 90k all day. And some HRCs as well under 130k that's cheaper than a demon. Ocmotivator has covered is car and it's around 1200.00 per month on a newer model.
All depends on rates and the deal you make.
People get loans for cars? Yikes.
Yeah most people don't have 80 to $120k or more in the bank.