Dealership Life - Canceled Deals and Appointments
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- Опубликовано: 9 авг 2022
- As of this upload: 18,206 subscribers
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That is a nice Traverse!!
My credit union has vehicle loans at 2.49% APR for new and used vehicles - I just checked their website. I bought a used Silverado at that rate in June from another northern NJ dealer. I was watching all the Chevy dealer websites within 50 miles every day for a month and pounced when I saw one after hours on a Sunday evening. Some dealers update their websites on Sundays. I was at their door when they opened Monday morning to make sure I didn't lose it. Test drove it, put a deposit on it and signed the deal. Had to go to central NJ to get the check from my credit union and accepted delivery of the truck the next morning. If you're patient enough and look hard enough you can find a good deal.
New subscriber, enjoyed the video.
Awesome! Thank you!
Sorry about the bad day but hopefully you will sold it soon at the end and as
That’s color on that traverse is very pretty.
Hang in there Dave…
Nothing lasts forever… And from time to time in order to become firm and stronger we all need to go through a hardship as not to become bland… Stay strong! 👊
This is true 👍
SUVs are red hot any dealership will tell you that, that's why basically none exist on dealer lots and 15 chevrolet transverse could be in transit and all could be sold before they reach there destination.
Lol. That Traverse is the same one I’ve been waiting for them to ship for 2 months. Maybe it was shipped to the wrong dealership 🤣. Great video as always.
lol, are you local to NJ? It's available 😉
This is 2008 coming all over again but this time it will be the car industry. My advice to anyone in the car industry or sales is to put back for a rainy day before it’s too late. The storm is coming.
Love the Chanel Dave! Keep up the great work!
Glad you enjoy it!
I enjoy your videos very much. When I make a vehicle purchase, the $20.00 would not be a big issue. What is a big issue is the assorted un-necessary high profit items that the finance manager attempts to stack up on the sale. Such as extended warranties, fabric and wheel protection, anti theft markings, and whatever else they can come up with. It ruins the excitement of the purchase and makes you fee like you are disrespected by the dealership.
Here in south TX our Chevy dealer always tacks on $330 for nitrogen tires - on a $26k Colorado WT - once I saw that I decided I'd rather drive to San Antonio. What other charges & gimics were they trying to sneak by me.
Fascinating video in your daily work. Hang in there guy and excited to see what you bought soon!
Thanks, will do!
I love your honesty. Great vids.
I appreciate that!
I am in car sales. When I get home, you can't tell if I sold 2 cars or lost 2 deals. You can't get too high or low. Remain even keel. And when you lose one, immediately get over it and move on!!! That's exactly right to get on the phone and make calls to reconfirm appointments and followup with prospects.
Completely agree. The other Dave I work with has always said I have the same affect in any situation.
Great explanation about the APR % thanks 👍🏻👍🏻
Hey Vinnie! Hope all is well.
Thanks bro same to you 👍🏻
I am driving my 17 small SUV till 300,000 miles or more , just like I did with my MDX , with 370,000 miles and still running great. ... my mortgage payment on my condo was $409 per month back in 1999 and my current home , new in 17 is $900. I'm not spending $800 a month on a car payment, no way !! Are people crazy nowadays ?? or what.
I like these videos that show deals falling through, I hate it for the guy who lost commission but I’d like to think that some people are getting smarter and understanding that they are just letting these dealers put them in holes that will be hard to get out of as thing get easier and the value is lost. I’d like to see more of these. If you have to have a car I get it you have to do what you have to do. But if you just want a new car please don’t do it, being financially smart during these times will afford you a even better car when the banks come calling the dealers for that money and they just need to get what they can. Please wait if you can people Nothing on the market today is worth 10-100k markup.
Fire video Dave B it looks like y’all got new inventory
The fact of the matter is as we all know in the car biz, "time kills deals." With the rate of inventory flowing in, customers have an abundance of time to think about their decision. It's bound to happen and will continue to happen with the slow pace of incoming units. Hang in there!
I just noticed the computerized lock on the key room door. Great idea. Either I am living in the past or something, but I have never had a car payment anywhere near what appears to be average today.
The Dealers WANT YOU TO ACCEPT that $800 is the "average" monthly payment .... LOLOL Sticker SHOCK distraction .....
Next there WILL BE *96 Month* Financing ..... *OUCH* 🤔😮😳😳😰😥🤕
Always another awesome video Dave B 👍
tough times for sure! things have to start getting better!
No way in hell would I pay that kind of payment each month
Even though its slow your RUclips consistently seems to be ramping up! 👏👏🔥💯
I’m old enough to remember when interest rates on auto loans were in the double digits for excellent credit. If you search RUclips for car commercials from the 90’s you will see advertised rates for excellent credit at 7.5% for excellent credit. When my mom got her mortgage in 1980 it was at 17% with excellent credit & when I was born in the early 70’s the Fed rate was around 9% & at 2.5% we still aren’t even close to what it was back in 2006. I know it sucks because we’ve gotten used to low interest rates over the last almost 20 years but we are still MUCH better off than we were even back in 2006.
Hopefully we never get back to those rates! Rates that high combined with the price of vehicles now would be crazy.
the no call and/or no shows are rude and have no excuse for not doing the right thing
Rates and repos are skyrocketing, expendable money has dried up, prices are gonna start dropping
Great video
Dave, it’s not the extra $20 a month for the vehicle, that’s hurting the average customer, it’s the extra $50-$75 a week at the grocery store, it’s the extra $30$-50 in filling up your tank etc.
I agree, That was sort of my point. People are saying that the car industry will be hurt by rising interest rates but there really isn't a huge difference in the payment.. most people can just forgo options like sunroofs and wheels to help keep their payments a little lower.
@@DaveBsellsChevy Again ... You ARE correct !!! But, It still factors into one's budget ..... And $20 month in the END costs the "customer" an EXTRA $1200.00 over the full term .... Best thing one CAN do to lower the payment is Put down $7k - 10k Up front !!!! You will SLEEP BETTER 😎👌👍👍👍
Not to mention $780 a month is already a lot for a moderately equipped car.
Cost of ownership is why EV trucks are far better for the average owner. A grand a month for gas and gas is only gonna go up ???? A hundred a month for a Silverado EV and always leaving the house on full everyday is HUGE now. A 40 thousand in gas over 4 years makes the truck 80 grand without Service ......
@@DaveBsellsChevy Too many people just give in and go out of their budget ......
Wow really great explanation of financing a car! I love the breakdown for us laymens
Glad it was helpful!
$781 for a monthly car payment? NO THANKS! Cars are overpriced right now, and I just can't see people saying, "Yeah, hook me up with a ridiculously high car payment." I know people are still buying, but it's a crazy time to shop for a car new, or used. A payment of $800 for a car....that's almost making 2 house payments for me. Crazy.
I'm in the same boat. My mortgage payment with escrow is like 600. But I also drive a 2007 trailblazer with 150k. It's showing it's age and rusting out. It has truly been a great vehicle and doesn't owe me anything. However, I'm part of the problem in that I need something in the 6 to 12 months so I'll be part of someone who is buying soon. Prices are stupid and ridiculous but what else do I do? And you think prices will come down by 5-10k just because the market slows? No way. People are accustomed to it and unless a dealer or seller is need to just get rid of something, there is no way even a used vehicle price is going to just bottom out
@@GolfKiloFour Yes, sir, I'm right there in the same spot as you. My wife's car (2005 Camry) is showing it's age, but I can't justify overpaying for a car right now. It may take a while, but car prices will come down eventually. I'm not saying that's gonna happen anytime soon, but I'm willing to wait until prices come back down to earth.
@@robertbrothen1460 couldn't agree more. Even if they come down a thousand or two, it's better than "overpaying" now when no one budges on price. I'm unsure as to what I want to buy 100% which makes it harder lol
I don't know why this popped up but that was interesting about the service dept.. Also people that test drive vehicles steal the headphones and hit the eject button looking for the nav. disc. I bet half that $3,000 bill was for a the nav disc and the headphones. That is a new one for me. The service dept. jacking the new car dept.. I cannot believe that the nav systems still rely on discs. That seems very old school.
That is how it is with us we bought an 2019 GMC Terrain denali and ours is a CPO also we got ours the end of June and our payment is 760 but that is plus the extra warranty for protection and when in a month we will refinance our terrain and we got our from a family dealership in arkansas
Good explanation! but also we want to keep in mind the overall economics as to why this interest rate matters. The data is available showing the skyrocketing car prices for a new car pre 2020 and going into 2020-2022 this growth in price was to fast to keep up with the average salary a consumer can afford because of wages not keeping up with inflation (housing, cost of goods etc…). Now we have a market filled with unethical dealers marking up the prices 5,000-20,000 dollars and telling consumers to “extend the loan” for anyone out there if you need to go beyond 60 months you CANNOT afford the vehicle. Due to these rising payments a new issue is rising and that’s the increase in repossessed vehicles that is starting to flood the market soon. Now we have customers belly up on loans because they overpaid for a vehicle above msrp and when the market corrects will cause these customers to realize what a bad deal really looks like when they try to go trade in these vehicles and realize the vehicle has decreased far more quickly then the above msrp purchase price they financed
I had the opposite happen to me the other day. I went to pick up a car fresh off the truck and it got sold before I could get to the lot. It happens to customers too.
Yup, more now than ever before.
Who is stupid enough to pay $800/month for a car, wow
It’s not just the interest rates - it’s more the fact that cars are astronomically more expensive than they have been in the past
It's sad that a nearly new expensive Suburban already needs a whopping $2000 in repairs already . They are trying to make junk, no quality automobiles at super high prices .
Trying..they are making junk..I’ve drove gm all my life and I would not buy a new truck from them..
In just about 8 weeks it changed from: “if you don’t buy it the next person will” to having to work a bit for the sale. Demand is softening
That’s the entire point of the fed raising rates.
And those dealers that have been price gouging consumers for 2 years, need to be remembered!
@@chrism2042 They will be remembered! My cash and me have been blown off by a few dealers, they better never call me!!
Michael looking at your comment in Oct - wow the market is different.
Great info here, thanks. Sheesh Sometimes it rough too. ☹
Very educational video as always, please do one of those white boards for leasing at 36months with 12k miles a year, at average price.
Dave. 1. I LOVE your channel! 2. The $800/month payment is my current house payment. 3. Oh my goodness. The blue Suburban is crazy beautiful!
What kind of house you live in tht cost 800 a month?? My apartment is triple that 😭😔😔😔
I have been in the car business since 2003 and in the Finance office since 2008. I would have never guessed this inventory problem could have or ever would have happened. 2008 market crash saw the opposite, where inventory was plenty and interest rates were 0% or close to it. I am personally seeing 70-80% cash deals(no lien), which is almost unbelievable.
Insane. Those payments are more than my house payment. Smh.
I learned the hard way. I always try to spot my deals. If they can’t, we are at least taking deposit and doing insurance before they leave haha
I bought a 2022 Kia Sorento SX Prestige back in May at MSRP walked into the dealership and saw a passion red coming off the truck and I was gonna finance it but the rates was little to much so looked at the amount of money I had spared and was able to buy the car in cash outright and took it same day do miss my Chevrolet tho it was a 2019 Equinox LT but sadly needed something bigger for towing and was unable to get a traverse so I got the Sorento
Dave, I feel your pain. My staff has had a lot of job seekers not show up for job interviews and not even call, email, etc. It's disappointing.
Job jumping 2.0 and with the strain on staffing. Most people,don’t even call them out if they have had made a job change once a year for the last 5. Crazy!
Yea, unfortunately it is just part of the business. It is just more noticeable now due to the lack of business
@@gggracing113. It's exhausting; I haven't been able to take a full week's vacation in 3 years.
I can’t imagine having a car payment that high. My parents is only 430 bucks on a brand new blazer because they were able to put half down.
I also pay a lot down but it can give you a false sense of how much a vehicle is costing you each month. Another thing is the lost opportunity cost of all that money you put down. In short is it better financially for you to pay the least amount down on a car and pay 4% on that money over 60 months and you can take that money and earn more than 4% on the stock market. Maybe , maybe not but if the interest rate was 0 then you very likely would make more interest elsewhere.
@@ducknorris233 I would say if you can’t afford to have a significant down payment then that car is too expensive.
@@ducknorris233 In my parents cade no. They are retired so not putting that much down would of made the car way to expensive. They could afford to take 25k out of investments for the downpayment. They take big sums Luke that once in awhile for major things. They are allowed to take 30k a year without it effecting the principle:
@@hurshrd654 Sounds like they are enjoying retirement. It’s kind of the same money no matter how you dice it up but having peace of mind weighs heavy in things like this.
@@ducknorris233 Yes I will say my dad did very well investing when he was working. But he was also a little lucky. He got double retirement because when he was hired in all they had was pension. Then they stopped that for new hires and went strictly up 401 k. So he invested in his 401k and got his pension which he took in a lump sum. They get two payments every month from their retirement and have the ability to take 30k a year on top of that. They only do that for major things.
It’s been tough here in Indiana. Slow start out of the gate this month for me. This week has been more positive with some deliveries. Love your shades. What model are they? Thanks Dave!
They are Oakley Holbrooks 👍
The High Country Tahoe looks good; just wish it was a Suburban instead. Hang in there, let's hope that things get better for you. The blue Suburban is a looker.
Chevy making you pay 1500 for OnStar is crazy!! It's called a subscription for a reason! I'll never buy another Chevy if they don't pull that off price.
I wouldn't buy a new Chevy period there junk
@@robertblack6630 Not really junk, there are lots of good ones, though Chevy may still be charging too much for OnStar.
Our GM dealers here have no new inventory left. 2023 models delayed till sometime 2023. There will be no 2023 Encore, Trax, Spark, Acadia & Malibu as they been discontinued as of August 2022. If you in a GM lease buy it out now or wait till end of lease. Buy it from GM Financial direct as you will not have to pay extra fees. Leasing is not a option now as no new inventory in many areas.
I got a loan for 1.99% for 72 months this month. I'm waiting for my Bolt to come in. =)
That's great!
Is the 3k spent on fixing the SUV passed on to the customer in the price also does Chevy use real leather or imitation leather? Thanks for the video. Sorry that your customers did work out but I hope we get to see a deal on the next video.
They price the vehicle to market. Service costs come out of the profit. Some times vehicles need a few thousand like this Suburban and sometime they need only a couple hundred. It averages out.
I remember buying my first new vehicle in 1977 and had interest rate of 16%
That was under Jimmy Carter. People were also sleeping outside of banks waiting to get a mortgage of 16%! We purchased our first house in 1984 with a mortgage of 13%. And the mortgage had a clause, if you refinanced with 2 years you would have to pay a penalty--the Crooks!
In 1970 avg car price was like 5k I’d be more than happy financing a new car at 16% interest at that price as opposed to $40,000(avg car sales price)at 4% interest. Cars cost significantly more and the minimum wage hasn’t increased much at all since the 70s.
I’m looking to buy a Bolt. My FIL retired from GM so, discount. I’m trying to get the payment under $500. It’s a bit higher than I’m used to paying, but running the numbers the “fuel” will cost me about $200 less per month. Fuel is part of one’s transportation costs. So a $350 bill with $270 gas per month cost more than a $500 bill with $70 in electricity costs. The math works. IF I can put enough down (no trade-in) and not get killed on a mark-up. Am I crazy? No chance?
I see that Honda is still there. How long does a car sit on the lot before it goes to auction?
We’re you keeping in touch with customer who was going to buy the Traverse? Providing updates etc?
Hey buddy, I wish you were my Chevy salesman down here in South Florida. I can tell you are a standup guy.
Thanks Frank 🙏
@@DaveBsellsChevy Unfortunatly, there are NO outstanding dealers here in SE Florida, They all try to tack on bogus and questionable fees.
Used car market will be flooded soon. Tons of repos heading to auctions.
Yup. Because people overpaid
I knew you were in NJ! I was raised in NJ. Where are you? I’m sorry about your deal. Hang in there.
Livingston NJ
Talk about that 70k Silverado behind you, or the 90,000 Tahoe
I’m from Oregon it illegal to pump your own gas also love it also no sales tax
Oh wow, so we're not the only ones. I though Oregon reversed that
A lease on that Traverse would be lower, right? I’ve been leasing vehicles since the 80’s and prefer to do that. Every 3 or 4 years you get a new vehicle. The last one we leased was a 2020 Jeep Cherokee and we still have about a year and a half on the lease. We may buy this after the lease is up since it only has 5200 miles on it. Both of us are retired and we don’t drive much at all now. But we may decide to get another vehicle, we’ll have to wait and see.
Ussually leases are cheaper for Gm products they have hella incentives cheap payments on low milage leases …. But many times now lease payments end up being close to purchase payments in this market just not enough cars to make deals at the moment
@@doct101 I know what you mean, I’ll see a lease payment on a vehicle where the lease payment is 475 dollars and a purchase payment of 510 dollars. Makes me sense to lease a vehicle with that little difference. I could never figure out how they come up with a lease figure like that.
0% is economically unsustainable for the long term. Recipe for mega inflation, especially when coupled with supply chain disruptions.
What is the trade in value of 2017 50th…v6 loaded? 18,000 miles….would love an SS before they go electric
The car you ordered is getting there that quick! How was that possible Dave.
It was an inbound unit that that the original buyer canceled.
The customer that bought the car on Saturday and then informed you he bought a car from another dealer, he would have had to put a deposit on the car he bought from you on Saturday and therefore we would lose his deposit - correct?
That gray civic hatchback didn’t sell yet? Nice car.
Can you itemize that repair list for that Suburban CPO?
Dunno if you deal with subprime credit like I do, the interest rates are insane for subprime now
Dave, get me 0% on the new Colorado and you'll have my business.. but by the time it comes out the "best" rate will be 12.99% 🤣
Truly, 0% for the 2023 Colorado for a customer with an 800+ credit score, keep me posted lol 😉
1:01 I’m getting my car murdered out on Friday! Something else only New Jersey people will know.
Can you do a video talking more about chevys? I don't know anything about this brand. I saw your last video on the two japanese brands why would they trade two good brands for a chevy?
Thanks
Thanks for subscribing👍 I have a ton of videos on Chevy product, check out my "playlists" tab on the channel.
I think a lot of buyers like me, financially mature, really don't like having to beg a dealer to take our money! We are also not stupid. Congress passes a $7,500 tax credit for Ev's, and Ford raises the price of the EV Lightning price by $7,000 same day! A lot of us will just keep driving what we have until there is enough inventory to select what we want.... because we are "picky".
The Ford Lightening qualifies for the $7500 tax credit established back in 2010. I think the purpose of this new incentive is to bring Tesla and GM back into it since they already hit their 200,000 sold EV units some time ago. Maybe I'm wrong but everyone is talking about how no cars qualify for the new $7500 yet they still qualify for the original $7500...
Another sales saying: The eye buys.
Hey Dave I’ve got a question for you. I know you’re a good automotive sales person but have you ever thought about a career in law-enforcement being young and in really good shape running marathons?
Never really gave it thought when younger. I went to school for Graphic Design but got into sales and never looked back. If I went into the force back then I'd be retiring this year!
@@DaveBsellsChevy I think you would have been a good police officer Dave!! We need a few good ones! Have a wonderful Saturday!!
@@GirlDad189 Back the Blue 🇺🇲
Got any 2500hd in double cabs custom in northern sky blue coming in or even a regular cab Alaskan wt that are canceled
No, nothing inbound. We just have a white crew cab 2500 WT and a black crew cab 2500 Duramax LTZ
Can you please keep a eye out for one of those cause I’m just starting to look and would like to see a video of one I can always send you my information if you want
$781 as the average is insane. like how can people afford that?
That's how this salesman makes his money
Crazy monthly payment !!
Bought during the pandemic 0% 84 months 👍🏻
Nice! That's the best of the best. Free money for 84 months.
Truth is the market is weakening and smart people that do not need a car are not purchasing cars. They are waiting, it will get better. Used cars at auctions have decreased in price the passed 2 weeks by about 1.5%
I know it is still “today” curious what the guy who cancelled and is coming back in the morning for the suburban, is trading in. You said it is a Honda.
It is a CRV
Went to point pleasant in NJ and needed gas. Had no idea you were not allowed to pump your own gas. Thought the guy was trying to scam me.
Nope, just doing their job. Did you stop in at Jenkinson's?
@@DaveBsellsChevy I did.
@@ryamelp Nice! I used to go there all the time back in the day
Did those customers leave a deposit and lost it because of the no “deal”?
We just refunded the deposit back to the client.
I'm surprised there are workers at the gas pumps in today's word
You made me nervous for a minute. I thought the Left canceled you. Lol
Haha
Is it possible for you to do a video of a Chevrolet spark I am on a limited income and the spark is in my price range the base model that is.
We got in our last Spark a few weeks ago and it sold instantly. We will not be getting in any more and there will not be a 2023 model
@@DaveBsellsChevy Too bad no more inexpensive cars from Chevy.
@@DaveBsellsChevy Much as I like GM cars, the only other minicar I would recommend other than Spark would be the Mitsubishi Mirage.
Dave, for the first time in one of your vids, you look downright unhappy/p'd off (1:34 ) Can't say as I blame you. Also, here in Oregon you can't pump your own gas, which I have no problem with. It's actually nice to have someone else pump the gas. And Kelly Blue Book now says the average new car price as of July is now $48,000.
It's all good. Just part of the business.
💯💯 I love/know cars and always wanted to be in the business. Would anybody here suggest working for a dealer or opening my own small used lot? I’m Navy Retired in Florida. Thanks!
Thank you for your service 🇺🇸 I would recommend starting at an established dealership. No start up cash needed. You can learn the business while making money right from the start.
Dave, what's the best rate you can get right now assuming your credit is 800? Particularly maybe thru GM Financial
particularly on the new silverados
i had a 825 credit score and dealer had my truck advertised at 7.99% i could only get 4.99% since the interest rates have gone up
@@classicxl lol wowwwww
@@super_tomtendo that’s also on a 2022 colorado and i signed a purchase agreement just before the bank of canada put the interest rates up again
I got 5.9% on my Integra over 84 months just recently with a 760 score
The stealership🤬 needs to go way and we need to buy directly from the manufacturer🤗🥳...
Puts millions out of work
Why the manufacturer will just raise prices lol
And if you think dealerships are bad try huge corporations that don’t care if they loose a sale here and there
Do you think the manufacturers are going to put service centers in every town, make that kind of investment? No. Yeah, some dealerships are horrible, but some are great. Don’t do business with the bad ones, it’s that easy.
@@bck0001 How can you tell one dealer's service dept from another? NOT being sarcastic.
Hi Dave, why does it always look so dark in the showroom?
It's just the way it was set up when they did the redesign. All the lights are one (except the two offices in the back). Maybe also the gopro making it look darker
*YUP ...... YOU certainly ARE a "Car Salesman"* .....LOLOLOL 😄
What about the poor souls who still have their SUV stuck in Texas? Will GM add any incentives for them? I'd be pissed if my 2022 Tahoe was stuck there baking in the plus 100 degree Temps for months as 2023's start to arrive lol. I was lucky mine didn't get stuck in Hell! 😆
Dave here’s a question for you i singed a purchase agreement on july 4th for my 22 colorado at 4.99% was advertised online at 7.99% but i have or had a 825 credit score that now has dropped to 793 and was approved by the bank .My truck still hasn’t arrived and not sure if i will need to be approved again since it could be months and months for the truck to show from last approval and i know most pre approvals are only good for at most 60 days .interest rates have gone up here in canada also would i still get same 4.99% if i have to be approved again since a purchase agreement was signed by both myself and dealer do they have to honour the contract
Sales rep here, I’m in Canada and work for Hyundai. Bill of sale is valid for 90 days therefore what you agreed upon is valid for 90 days however if there was no rate lock you will probably have a higher interest rate but you shouldn’t need to get a re approval. But at the same time I don’t sell chevy’s so it could be a little different
@@axelgone1393 ok thanks i don’t sign the bill of sale until the truck comes in i only signed a purchase agreement and to be honest if interest rate changes at time of signing i’m out .Loan is approved by RBC not sure how long there approvals are good for .Also had a trade 2021 corolla L that the gave me $21.838 for and that better not change either or no deal
@@classicxl if you didn’t sign a bill of sale technically they have no legal obligation to give you the car for what you agreed on previously however I would call them and maybe see if you can clear up some info!
Also trade for you car shouldn’t change as long as you haven’t put a significant amount of km (7-10 thousand km) on it and no damage after the appraisal
@@axelgone1393 car had 16200km when i signed on july 4 now has 18400km and i told them since i have to wait because trucks in transit it will have more they said that’s fine we understand you still need to drive it .As far as if anything changes on the purchase agreement that they also signed .i will just buy from a different dealer which would suck having to wait all this time and not end up with my truck .I guess we will hope it shows up soon and with no problems
Hi Dave, can you share/do a video on how your dealership handles limited allocation vechiles like the Corvette? With few production spots for the Stingray and ZO6, are orders reserved to repeat customers or is the ADM raised significantly to match demand? I havent seen you sell many vettes on your channel.
C8's are tough. We generally only get about 20 per year but for 2022 we only had 9 built. We are basically sold out into the 2024 model year. We are not taking a list for Z06. We may only get one hopefully two allocations.
few can get the rates he showed. I know he has to be positive. but reality sucks! and that 3000 plus charge from his service dept was for 1200 worth of work
It's funny the people who shouldn't be buying a new car are buying and the people who can afford a new car usually buy a cheap 5-10k car
if youre paying that much for a vehicle , you need to put down 15% or more
Starting at age 25 if you invest that $801 every month in an S&P 500 index fund, you'll have $3,041,000 dollars at age 60. $6 mil at age 67. If I'm wrong by 50%, oh well. Enjoy the car. Pay cash for a car you can afford, save a little money, upgrade in car every few years, and never sacrifice your investing for a car payment. You can have an 850 credit score and ZERO net worth.
This is good advice, like a lot of areas of life you have to sacrifice now for future gains. It’s all about balance.
Yup. This Is why you see people in million dollar house driving 5-10k cars that they paid cash for; and people in 100k townhouses driving a Brand New fully loaded 75k truck..With that being said I grew up dreaming about cars and love them, so for me it's worth it to spend money on my car because that's why I go to work everyday. I sacrifice other areas of my life such as travel and buying expensive clothes.
Very good advice on investing in SP500. I find it crazy if you compound that to 50-60 years it becomes an astronomical number;!!
@@didafm I’m the same. I like cars, and having a few around at one time. The $75k trucks, etc. aren’t more interesting to me than something moderately priced and nice in my enthusiast eyes.
I work at a dealership as well as a porter at ford and I want to get into sells
Have you talked to management about it yet?
@@DaveBsellsChevy Not yet I been working at the dealership for 4 weeks now and i love it, and yes I work at ford