I CUT My Prices So Low People Will HAVE TO BUY!
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- Опубликовано: 29 фев 2024
- They Will Be FORCED To SLASH PRICES! I'm A Car Dealer, I Know
Follow me on X: / cqa_brandon
In this video I show how tax time is hitting our used car lot.
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.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices 
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I am afraid any tax refund goes to food, shelter, and bills.
Paying off debt, too.
I understand your plight. My electricity has tripled, and natural gas has tripled and food doubled
Bidenomics at work.
Definitely food
Food has about triple in price since Covid price gauging there too.
$42k for a two year old jeep? No thanks.
right??? a lexus maybe!
Jeep is pretending to be luxury... And fools are buying.
It was bought as a personal vehicle
Amen to that. No way in hell I'm paying that shit
That's actually a good price. It's a new vehicle (never sold) and it was an Overland. This was a 65k vehicle in 2022. They are pretty nice. On the other hand you can get the 2024 basic Laredo for around 47k. Me, I'll take the Overland for 42k since it is the exact same SUV as the 2024 Overland wich is around 60k.
I feel like 4000 is more genuine than 3999 as a buyer.
My lying ex would always round prices down to make it sound like he was spending less money… my money. 🤬🤬🤬
@@inthevault9603If my spouse was irresponsible & lying to me about my/our finances, they would be quickly cut out of the loop!
Lol a 500 dollar car at 4000 lol do the math fool.
I'd rather pay the cheaper price.
Ok, come over to my lot and leave ur singles at home....😅
$50,000 to $57,000 they are out of their mind for purchasing it.
Didn't your parents ever tell you to never count another man's money?
Round numbers is a big plus. Hate seeing 99s in a car price.
Car manufacturers are selling less cars now than they did in the 1980s when the USA had 10s of millions less people. That tells the story.
More used cars available. People just buy used cars that manufactures don't make money on. And I'm not talking about cars he sells, I'm talking cars coming off lease
Cars cost more. But they last a lot longer.
I'm single, mid 30's, no kids, okay factory job. My refund was actually a bit more than normal, and I'm not car shopping anytime soon.
Love these videos!
OMG tell me more about your lifestory I'm super interested.
Your dealer has good used cars and you and your employees are trustworthy and always upfront on what you sell and that is how you stay in business!!!
How do you know that ? Where is it located ?
🤡
He’s a scammer bro stop with the misinfo
Where is his Dealership & what is the name of it?
He won't post where his dealer is, if I had a dealer, I would post where it is to increase sales right ,which makes a lot of sense,but instead,hides it from public. It makes zero sense, why would a legit business hides it from potential customers? I never understood that.
REFUND? What's a refund? I'm one of those lucky guys who makes just the right amount of money to get screwed in every way possible. I'm praying to just break even.
Refund means you filled out your W-4 wrong and gave an interest free loan to the government. No refund/nothing owed is the ideal way to end up.
I wish more dealers were like this.
My family has tried to buy cars from my local car lots that sell cars for 5k and under.
I had looked at a Ford product, it had an oil leak and a hole in exhaust. I told them if they repaired those things I'd buy it.
They called 2 days later and said it was done. I went in with cash, the leak was from valve cover which they put a layer of silacone on the seam with a caulk gun, and had put a leak band clamp on the hole in the exhaust line. The clamp was designed for a water line and had a rubber membrane which of course had melted on the exhaust and smelled horrible.
Needless to say I walked..
Another car lot sold my brother a vehicle with a broken door handle, they said they already ordered the handle and when it came in they'd install it for him. Weeks went by and finally my brother called them, they guy that sold him the car answered the phone, found out who was calling and pretended to change his voice, saying they fired that salesperson for promising people repairs after the sale they weren't going to do.
Typical sleazy used car lot sales tactics that give them all a bad reputation.
Rubber clamp on the exhaust, that's a real Mcgiver, NOT.
So dealers rather take a loss at the auction than give customers a good deal… wow…
Love your videos man. It educates me about the car market and I appreciate your insight as a used car dealer. Thanks for what you do and your dedication to informing us laymen and women about the car market.
I appreciate that!
I prefer lay-women..
Why did he scam you too?
@@paulm1690 how so?
Refunds are 35% lower this year
No
FJB, bring back trump.
@@floridaman5125😂
@@williamrose7818yes. I’ve seen that even on compromised MSM articles
I usually always get back around $1500. This year I got $40 back and had to pay $100 to do my taxes. In total I lost $60. Unreal
Had to order a part at the Dodge dealer today, so for a laugh I stopped in the showroom... One car, a Scat pack Swinger...$70,600..w/add ons of course $1,600 Ceramic coating...🙄
Hey Brandon, word just out, BIG recall of Jeeps-all of them basically
Good for him manufacture pays the repairs
I hate being manipulated so good on you with your car prices.
He is the same as others who sell cars. Trying to manipulate you and gashlight you
@@mecanomante3224 I think you missed the point. It was that he did not put 99 at the end of the price. So like, instead of 3999.00 He would advertise 4000. Personally I would rather buy a car from him then go to any franchise dealer, that's all.
I agree with you. When your selling a vehicle, that is one less customer for your competition to sell a car to. I was in business for 33 years, you pound on the competition during the good times as well the bad times. You're doing it right, don't change because the herd is do something different.
7 cars to fix up, clean up and make a profit.👍
I am a dealer in Portland Oregon and I have not seen a price drop. It has been around 500 under retail to a 1000 over so it is very hard to pick up anything
Go figure, people overpaying for cars like they do for houses on the coasts.
Not only has the volume of cars going through the auctions gone down, the number of cars that are run through repeatedly due to ridiculous reserves/minimums and no sales by the sellers is unsustainable. There has got to start being a flat seller’s fee each time a car is run through whether it sells or not.
They'll sell when the banks make them I wouldn't worry about it.
We love you Brandon, much love from Ghana 🇬🇭
I'm sure you understand that you are selling older budget friendly cars and that's why you're doing well. Interest rates have to be killing the intermediate market. Cash will always be king.
The one thing people today have never lived thru is a depression. My Mom told stories how they survived during the last one and how her aunt bought a 200 acre farm in Indiana and that’s what got them thru.
Most 20-year olds don't remember 2008's recession!
Housing is more unaffordable now than the great depression.
@@robedmund9948yeah they were 4 years old. I was 4 years old when the Soviet Union was dissolved I don't remember that either.
@kaymish6178
The only thing I remembered was my dad loosing my college fund (that he stole. Apparently caused a divorce) in stocks. As far as I can figure out years later
@@Demopans5990it was never your college fund. It was their money they decided to give to you then they changed their mind.
I hope your company does amazing for you, your employees and your customers. 👍
Why he scams people
I just sold a high mileage 06 Altima to a used car dealer @ my price ,, full askingl & didnt blink an eye ,, I paid too much at auction ( so i thought )
Respect for being honest with the price and no hidden fees. It is such a pain in the *** everywere else with the hidden fees.
Have to buy 😂 nope, I'm going to sit back and wait for the real desperation to kick in. I've got nothing but time.
I'm glad there are still car dealers like you who sell cars for what the price says on the window. I used to work at a used car lot and we sold them for what the price on the window said. I went to a new car dealer near me to buy a 2017 Toyota Rav4 for 20,000 dollars but they tried to tack on another 10,000 dollars on the price with extra fees. So they can keep it.
WYSIWYG pricing? Brandon that is business goodwill. I have seen the other thing too much in the last few years while attending to my car needs. Keep giving car dealers a good name! I hope those shoppers buy all of your cars and the "Inflatable Tube Man" as well.
Drove by your lot yesterday and it is looking more bare than usual which is good for you guys.
You are very sensical and forthright. You will continue to succeed. Respect.
Just went with my niece to help her get a car ended up getting her brand new Toyota Camry used cars are so ridiculously priced it was cheaper to buy a new one
Thank you for sharing your sales trends. I'm not looking for a car, but I am deeply interested in the benchmarks our economy passes.
What’s a tax refund ?
I brought my current car back in 2015. My 2007 ford focus has served me well over these past few years. Last year Id did get conned by a Midas. A simple cut break line turned into a $2800 repaired. I had to get it financed. The shop did not tell me the details about the financing. The interest rate was 149%. I had paid over $2000 in interest only before I was approved for a loan so I could pay the finance company $2800. Other than that. My car has been a great ride. I did expect to have gotten a new car by the time I reached the point in my life where I would be making $60k/year. But the economy is crap and the cost of living effectively make my current income equivalent to a salary of $40k back in 2017. While I would love to upgrade to a truck or a van. I just cant afford that. Only way I am buying a new car is iff my car gets totaled or if its so broken, that it will cost me over $2k to repair.
A dealership with integrity 👏
One of the hardest working men, along with his wife, in the mobility business!
Standard Honda Fit's are fun drives everyone should try them out at least once
Keep doing a good job and selling the good cheap cars. That's where the business is going to be for a long time now that house values are twice what they should be, new cars are priced at insane levels but most people's incomes have stayed the same or are less.
Being ready and able to buy when a good opportunity arises is a blessing. Good for you, man!! I hope the deals keep coming your way!
Here in the Midwest, the dealers are not budging in prices. Please give us names of reputable dealers like yours in the Midwest. We're hurting already. We've has layoffs since December and everyone is scared. We don't have the money for these ridiculous prices. Just a A-B better beater. They are still asking $12000 for a 10+ year old car with 200k milage.
The (7) cars you bought is what I have left to pay on my 2023 Honda Accord Hybrid! 🤣 Looking back, I'd rather have bought a used car.
Thanks for sharing your experience and knowledge with us the consumers I consider your videos to be an invaluable tool for those looking for insight in purchasing used cars Thanks again 👏👏👏👍👍👍
Thank you for your positive posts!!
I don't believe it's all because of the economy. You have people doing bad, and others are doing good. Interest rates are also dropping in my area. I am retired. Saying that, the shop I worked at is slammed. A waiting list of a week for appointments. Customers are dropping big $$$ to repair rather than buying another car. The parking lot is full and overflows into other lots.
I really enjoy the way you explain both sides of the possibilities the market can take.
within the first minute and a half of the vid, everyone sees how well you treat your employees. the trust you bestow upon alex is a great example - he has autonomy to use company money to buy cars. you save a whole lot of worry and time by letting go and not micro-managing. important things can be delegated to good people. small businesses especially need to operate this way; you would not have time for a youtube channel if you insisted on doing all the buying and insisted on overseeing every repair, detail and transaction. most of what motivates employees to excel is feeling consequential.
The $3999 vs $4000 is more for search engine optimization than any manipulation of the customer.
People search prices in whole numbers. If they set $4,000 as their maximum price, they may not see your product because it’s at the maximum and may be shown much lower in results.
Boom 💯
I truly feel educated every time I watch one of your videos. Thanks.
It's sad when you get your education from a used car salesman on RUclips
@@sarahann530 I think one can find knowledge in many places.
@@sarahann530 You can find knowledge in many places... I know I do.
Appreciate the insight you give your subscribers. If we have a feel for whats going on at auctions, we will be better shoppers when looking for a another vehicle. Thanks!
I love the way you operate your business. I wish you all the success
You can do this my friend. You tell it like it is. You're a good salesman.
Yeah this weather in the charlotte and greater area sucks right now. Really want to come see your lot, need to get a car for my daughter. Unfortunately we can’t wait, her car is almost a driving hazard at this point
Like your pricing structure, I see 99, or , 97 , whatever, I always round up. Great work
The car you sittin' in Brandon...the door looked pretty good!
There's one more reason why you are selling more and it's because people have researched you and where you are and they know they are going to get a fair deal for once in their life. I live in Massachusetts and I want to come down there to buy a rust free older vehicle with very little technology in it and that is easy to work on. New vehicles suck.
I enjoy your tips and advice.
Brandon, here watching. 👍
From Texas right?
Hi Al from down under here thank you for being you. I love your channel but one thing is to keep your mind on all the time repossessions that’ll tell you market even better. The crash is on the doorstep. It just hasn’t hit anybody yet. Cheers bud
You seem like an honest person. I have empathy for you considering the pile of shit the market has become. I hope you survive.
Good video, re: additional auction fees. New or used, seems that everyone in the supply chain has gotten fat on fees (add-ons). Although I'm in the market for a new truck, I just won't pull the trigger, I negotiate a price to invoice (or below) but the dealers have gotten so used to the additional "PORK" on the deal they've forgotten what it's like to survive in leaner times. They have forgotten the basic sales strategies of supply and demand, i.e. reduced prices = lower inventories. This will push many dealers into bankruptcy.
Thank you for what you do.👍👍
Great content! I'm still holding my breath for a '13 Silverado extended cab!
I wish dealers from Austin understand this, I have almost 20 of my friends go to neighboring cities like Houston, simply because they don't want to deal with bullying of Austin dealers
That's how I feel about all the expensive stuff!
You're my pasty car slinging hero!
i have a friend ocaasionaly drives for local dealers... they still want 8k+ profit....on used cars...DIAGUSTING
I wondered why you had not post an auction video lately. Sorry, I know how much fun you have there.
Rock on, Phil! Way to help out, man!
My local auction just added a cash handlers fee. If you pay cash for your cars they charge $25 per car to take your money.
Unfortunately, cash handling is very expensive. In retail debit is #1 cheapest business expense, then #2 credit. That's what I was told, by retail trainers, from a huge corporation. Cash is also pretty dirty...too. 🐶
Cash is the only thing (currently) to keep up from a central bank currency (CBC) . So yes it is needed and important. When CBC rolls out you WILL NOT HAVE control of the money you earn.
Your a good honest car dealer that's very hard to find
Yesterday, I went past a Carmax in the Buffalo, NY area and I noticed a bunch of open spaces on a normally packed lot.
I like your auction videos.
I am glad that I am in a situation to choose when I buy my next car
Very Good Show Thank You
I drove past Carmax in Dothan, AL and couldn’t happen to notice the lot is slam full.
Im still waiting for the used car market to settle down back to older? norms been watching your channel for a while now, this is like trying to guess the housing bubble burst in 2005-2008. Its just annoying.
Brandon what is the name and location of your dealership? It's very hard to find a trustworthy used car dealer, but after watching your videos for the past year or so, you seem like someone who can be trusted. I've been looking here and there for a reasonably priced second car, maybe you've got something that could serve that purpose.
Hey Brandon I’m a big fan and have been watching you for awhile! For your priced inventory where do you like to advertise your inventory and get your leads? Just a new dealer trying to learn. Thanks!!!
Why can’t dealers simply lower the car and sell it for a loss to the public versus selling at auction that brings a reduce price that is lower than retail?
I wonder....if those dealers are getting more money from Uncle Sam/ business loss / tax write off? Maybe, they aren't willing, to lower prices because, they know 'for sure' they will get paid. It's like Walmartt, with billions of dollars , in shoplifting losses, they know they are covered, by US government. 😒
I bought my new car with 30 percent discount OTD. You just have to know how to identify the car that ain't selling that in the dealer lot for more than a year! You also need to approach it without the average joe consumer mentality, looking for a car at a dealership.
At the end of the day, the simpler answer to your question is simply because regular customer don't know how to identify and approach the dealership as businessman looking to offload underperformed inventory!
All of those sales person is looking for commission, wholesale car hurts for their commission and for the dealer, that is also why they don't advertise it, YOU need to approach them for it!
Be safe, careful and have a good weekend.😊👍🙏
Good morning. Good to see you again today.😊👍
You too!
I saw an awesome GM 3.5 in your inventory. Sadly, I'm in the UK!!! Your stock looks well chosen TBH
Normally a nice beater car like that would be right in the range for a college kid but unfortunately so many college kids think they are untitled to have a nice new car. Our kids were tickled pink to have a car that would get them around they didn’t care about the cost.
I don't know why I only like watching the first 5 minutes of your videos!!!
I pause before the video starts and just read the comments. It’s hilarious here.
We owe 500 this year. Got 3k back last year.
The guy who is sick gonna come back to a lot of cars he has to fix
7 cars for $20k
I just want to buy a car at an auction and not deal with nonsense at a dealership.
Now there’s nonsense at the auction. Go figure.😂
Our little neighborhood used car dealer. Just packed it in the sign is off the building and the cars are gone. The inventory was aged some had anniversaries already
It is all good you picked some great vehicles like you always do.😊👍
Thanks 👍
How do you know that? u don't unless u know the guy
I wish you luck with your business Sir.
Really good video, as judged by the large number of trolls trying to take it down.
I'm putting my money into keeping my truck running good.i have a 12 year old Silverado and hopefully I will get 12 more.new vehicles are way overpriced.
Happy Friday Brandon 🌟☀️🌞🤩
Hey! You too!
Hey Brandon great video as always . Love you over on Caredge . I’m in market for. Used GX460. So best to wait until tax rebates dry up is message I’m getting .
@@chrisdoe6890 You can wait forever and not getting it. If you are looking for the most bottom $ there will be no bottom. For all we know we will have another crisis such as gas crisis rendering all of those gas powered vehicle useless, that will drive the price even lower!
Dealers are getting smacked😂🤣😂
You will stay ahead of the curve and it will be a profitable year for you.👍🙏
Those who need money - usually file early - those looking or in need for cars should be looking now
The car market is a very hard thing to make predictions on. You make it fun and entertaining,too!❤
car market is just a reflection of consumer health
Thanks for being a dealer with flat pricing 7:25-8:50 The $xx,995 pricing is annoying and screams "sleazy dealer"!
😎😎😎😎😎😎😎
There are dealers selling lightly used cars (I consider this cars still inside their warranty period) in my area for original MSRP. There is no difference in price or payment for used versus new, trying to force us to buy new cars but no one can afford those either.