Dealers FORCED To LIQUIDATE Their 2022 Cars, So I BOUGHT THEM
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- Опубликовано: 27 май 2024
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Dealers FORCED To LIQUIDATE Their 2022 Cars, So I BOUGHT THEM
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 
Авто/Мото
Your facial hair is in the shape of the middle finger! LOL
Come on😂 ...
Once you see it, you can't unsee it lol.
It’s a finger to the way car buying shouldn’t be. I hope that this new venture takes off and that Brandon can and will change the car buying experience.
😂
Hahahaha why you say that. Now thats all i see rip.
So let me get this straight, they raised the price 10,000 pver msrp. Take 2,000 off and they call it a discount, YEAH RIGHT!!
We don't call them stealership for nothing.
Consumer: "You should be selling at MSRP or below MSRP"
Stealership:" We don't agree nor accept their 'Suggestion/Recommendation' on the sale price. Since it is only a "Suggestion", we will play by our rules and name our prices instead. "
I was quoted 35k for a 2025 camry xse plus taxes and fees no dealer mark ups, no nothing. When i finally see the finance manager he turns the car from 35k to 54k .The manager tried to get me at a interest rate at 9% with a 780 credit score. I told him he was out of his mind. Magically after i was walking away he got my interest to 4.99%. But then in fine print he tried sticking me with Gap insurance for $1200 and extended warranty for $3995. Car dealers are just scum.
Bro, even at 35K, I wouldn't pay for a Camry
Did you buy it?
Of course he did. You’re meat once in F&I
They are trash
@williamcricket7931 No, I didn't buy it. He tried playing it off on the computer's fault for the Gap and the Warranty. He said it was put on automatically. I told him to F off and I left.
new 23 charger within 2 hours of me advertised at 36,8. I called the guy, told him I was only interested in OTD pricing and would take care of my financing and no trade in. He quoted me 48,8 and then argued with me that all dealers do this...
Be careful out there folks, bait and switch is real.
Laugh and walk away
what model charger?
That is *insane.* I was new car shopping *last* summer, for Dodge Challenger GTs and/or SXT AWDs. I checked just a week or two ago. *Most* of the dealers still have *the same* inventory, as last July! Stellantis is going to have to come out with something like a $10K off promo to move that iron.
What’s insane? He didn’t say what type of charger he’s talking about. What model is it?
@@michaela6147The part where there is a difference of 11-12k between advertised and OTD?
How many times did dealers reject an offer on these used vehicles because they wanted a huge profit? Now they dump them at auctions for much less. Eff them.
It’s like a creditor turning down 20 percent offer and then a year later selling the debt for 5 cents on the dollar
Not sure they were "dumped".
Read all the comments on Brandon’s video and notice how many people say “I just bought a ….”. The reason why prices aren’t going down is people are still buying. You are all contributing to the problem.
I'll wait until those $ 100k trucks come down to 30k. The consumer has much more power over markets than we realize.
They will never come down to 30k are you crazy?? That like early 2000 pricing and not a really loaded up one either… maybe down to 50, but 30 no way
@toddprater14 they're mass producing 2024's and 25's are in the works. Nobody's buying 2022's. The boycott is working.
They are not coming down to 30k. You will be lucky if the 100k trucks come down to 75k.
@@Flash413and I’ll not be buying one.
@Danger-fv2gz My 07 Lariat runs great. It's payed for and it doesn't talk to satalites. 135k miles. I'm in a good position to wait it out.
I fully support your full transparency method of selling cars.
The other day went to take a look at a 2024 Ford F250 XLT 4X4, with a few of the bells and whistles Ford throws in. The sticker wasn’t on the window, So had to find a hungry sales person. I was informed the truck was on a special that week. Same old song and dance. Asked the price and the sales person evaded my question. So I thanked the person and walked. They attempted to stop me from leaving by asking if I’d talk with the manager? Nope I said, you folks don’t want to sell a truck and I got better things to do. All they had to do is be straight and honest. Oh I found out the truck was priced out at $98,990. What a special deal to run from plus $5,550 on the Pep Boys add ons that really cost $50.00. Crooks waiting to rob ya if ya let them legally.
the automakers & dealers are finding out that the 1st step to going bankrupt is GREED.its like an addiction, it begins small & escalates into a uncontrolable monster.
Ironically some would consider themselves Christians and the Bible explicitly mentions greed. I just shake my head.
They just hold out until they get yet another Gov bailout.
I think that sentiment can be extended to any sector, especially politicians and bankers.
I tried to buy a 2017 Mazda CX 9 with a 120k miles on it from a Mazda dealer over the weekend. Listed on website at 10,999. When I asked them write it up they cam back at $16,000. Tried to put LoJack on there for $2000 and some other crap. Walked out. These *(#$* dealerships are hopeless.
Name the miscreant dealer please.
Holler at mine. You’ll get a small town family run business that will write you up
@@PelicanIslandLabs Greico Mazda, Delray Beach, FL
@MuahMan There you go. It’s Florida. Gotta buy out of state, or maybe if Earl Stewart Toyota has any cheap used inventory.
That's my experience too. Worthless.
After having retired after 25 years as a an independent used car dealer I can promise you the hill you are attempt is steep indeed. Many otheres have tried to climb it in one form or another. I wish you smooth sailing but enormous headwinds are against you. The 3 thousand dollar spread is a headwind creation of your own. You are doing exactly what you condem the auctions for. Just because the car cost more means you are entitled to a larger profit.
Ray & Zach here comes Brandon!
Ray YES, Zach NO.
Thank you and your wife for being honest and trying to fix the broken system. Good luck.
The Honda dealer I just bought my new 2024 Honda Civic Hatchback Sport Touring at isn't having any trouble moving new or used cars, I actually had to order my new car middle of March to ensure I was able to get one. I picked up my new car the May 17th & left my older trade in, my trade was a 2007. I looked on their website this past Friday & my old car was actually on their used car lot, looked again Saturday night & it was gone so I'm guessing they sold it. My salesperson told they selling about 250 new vehicles a month, I believe it bc I was there from about 2pm to right around 3 or so, about every salespersons desk had a customer sitting there, the manufacturer is offering financing from 4.9% for 5 years or lower % depending on # of years or vehicle. O, this Honda dealer was $3482 cheaper that the 1st Honda dealer I went too for the exact new car & same trade in deal!
And I bet you paid 30,000 dollars for a civic
@@allengreenberg786 Well Allen, my MSRP was $33,000, I checked invoice pricing at several sites, J.D. Power was $29,327 plus my special paint $455 & destination $1095 = $30,887. Edmunds suggested price was $32,192, both prices were before state tax, doc fee & transfer tag was added. I paid out the door $32,133 with state tax, doc fee & transfer tag, my trade in value was $1,400 so actually my OTD price was $30,733. Another Honda dealer on the other side of town wanted OTD price of $34,215 for the exact same deal, that's a $3,482 difference I saved by going to a single family owned dealership instead a dealership group.
Also beware of lower mileage, newer used cars that dealers "bought back" in litigation instead of lemon lawing them. They also dump them at auction and you will never know it was a lemon because the bought it back instead.
Hmm...
Is there a way to check that?
Yeah that's a big concern for consumers....
Brakes and more brakes and electrical is around the corner after their nearly new purchases and tires about out of life expectancy (dot lifespan) Facts!!
@@alfee9411 flooding kills the tires?
Quite a few of those “lemons” are returned because the customer is just a total piece of shit not the car
The Mazda place right by my house has an unbelievable supply of CX-5s and other crossovers. Their overflow lot is so full that I couldn't turn around in there and had to back out. Toyota seems to have few to no new cars on their lot, they must still be doing the more "just in time" type of deliveries?
Nearby I have Subaru, Honda, Toyota, Mazda, Hyundai, and VW, all < 1 mi from my house, so I cruise the lots frequently. The mall down the road, which is nearly dead, is renting out a major section of the parking lot for dealership inventory, but I haven't gone down there lately. Last month I was in there, the 2024 Mazda 3, of which there were several, all had rusted rotors--those cars haven't moved in weeks. It's a big mix of new/used cars at the mall. There's also a more secured lot for the fancier cars that is overflowing as well. I still can't get a deal on anything, though.
It doesn’t take but a few weeks and a rain shower to rust discs
Never thought we’d consider a new car, but as you say, the prices of 2-4 year old used Hondas and Toyotas make little financial sense… particularly now that new car production volumes are up.
Weirdly, we’re still seeing crazy high 2-4 year old used prices while one of our Honda dealers is at the same time discounting new cars up to $1,000-2,000 off MSRP… on their website!
Feels like we have to wait a bit longer.
The older models, with an iron block, are more reliable which is the reason for the price.
@@fernarias same exact engines, literally.
I will gladly buy a new 2022 Silverado for $25 grand with the 5.3 engine that’s about all they are worth !
Wait for the bankruptcy auction in a year or so.
@@bubbajones4522👆👆👆yep
You must be fast when Government Motors goes into bankruptcy next year.
Brandon, I have been a loyal follower for both of your channels. You are to be commended for all of your work. Keep up the great work!!
Is anyone else distracted by the 'flipping the bird' goatee?
Yep😂
I am a NY dealer , semi retired now but was in the used car business for over 20 years and if dealers would just realize in the long run if you are up front and honest with people and don't play games it will pay dividens big time for years on end for both the dealer and the car buyer. Keep up the good work , you are doing it the smart way 😊😊
Create repeat and referred customers.
I wish I lived in North Carolina this guy seems like a honest car dealer you don't see that where I'm from!
Just say no to these prices people
People want to say yes to the 72-84 month loans to get the to a point they can afford.
I fully support your online project. Finally, an honest person selling an expensive car with no bull.
1) First, I've been wondering when dealers would start dumping. IMO, it was inevitable. So, good for you for taking advantage of that. In the past, you've sounded so against leaving your preferred market that it was actually a little frustrating!
2) I like your idea. You might want to start planning for a completely separate lot. Here's a thought: you could call it "10% Over Motors" or "Cost Plus Motors": something like that. Anyway, I can tell you that once I bought from a used car dealer in Ashland, MA who, like you, used honesty and transparency as his model, and another time bought a used car on eBay motors and had it shipped from Texas, and in both cases both the cars themselves and the entire process was great. So, it can definitely work.
Wait for Freddie Mac to approve buying secondary home loans in June. People are unfortunately going to suck the last remaining equity in their homes to buy a 50 thousand dollar truck and truly be broke. Credit cards maxed out. Buy now Pay later loans strapped to their necks and now, no equity left in their homes, no money in the bank and a shiny new Debt trap in their driveway. People will never learn.
The old Pump Dump. Well done Brandon, their failures will be your success
If you’re paying MSRP or around MSRP
For a used card…
You are directly contributing to inflation.
Auction today in Portland Oregon couldn't buy anything everything selling for retail hope it gets cheaper soon
This is great to know. As a follower of your channel from Out of state from Midwest, I am excited to hear that you are launching a website for selling online.
You paid almost retail for the 22 camry with fee and it won't be that easy to sell, there's to many out there unless you price it cheap.
Actually, with the fees, he paid over the the trade-in value/resell value of the vehicle, same for the HRV, dude stick to what you know, don't try to level up, this is how people go bankrupt. Contrary to popular belief, you can't make it up in volume.
Hell yeah, I love the idea of transparency, especially when buying a car!
I like the thought of 100% OTD pricing... so if a car is listed for 23,950... i show up with a Cashiers check for 23,950.00 and hopefully within the hour after signing papers drive off.
I really appreciate your transparency, i wish more dealers were like you. God bless.
Is nitrogen filled tires coming from the factory? Or are they deflating the tire and putting nitrogen in the tire at the dealer? Or are they just taking off the black caps and installing green caps? If they're NOT actually adding nitrogen at the dealer - then the add on cost are deceptive. My friend who works as a porter at the Buick/GMC dealer [mind you I hadn't asked him the above questions yet - but I will] says a lady pulled up and service and said her tire was low on nitrogen. The porter mentions it to the service advisor. He was told to put some air in it. Porter goes to SA and says the nitrogen machine is down. And had been down for some time. The lady says ....did you fill it with nitrogen? The SA says "Yes Ma'am, it's all taken care of." Total BS.
If you can do it that would be great. I worked in dealerships for 18 years and there is a real need for honesty. The stuff you're talking about is part of why I got out.
I work at a Honda new car dealership, the reason they couldn't sell them is because they could not certify them. 90% of the time whenever we trade something that's not a Honda we wholesale it out right away. We dont do well on
non honda cars.
Glad to see you're expanding your biz!!
I'm still watching, thanks for the transparency you are trying to create. This is a great idea and business plan. Good show
Have been watching you for quite a while, didn't realize I wasn't subscribed!! So, I did that.
If you had what I was looking for, I would not hesitate to drive from northern Indiana. Can't wait to check out the website!
Good husband and wife team, love to see honset hard working people. Love to see you succeed. Regarding your business idea never bet more than you can afford to lose if you are investing a significant amount in this new $20k plus car idea. It would be refreshing to see exactly what I'm going to pay when doing a car deal. Even though you highlighted that other dealers will add fees to cheaper advertised prices, I'm not sure the avergae consumer will get that. They may be drawn to lower prices and then discover the fees later and still go through with the transaction.
It's something we are testing out. We absolutely won't put a dollar on the table we can't live without. We aren't risking the full amount anyway. We like the idea enough to see if it will work. Appreciate your comment!
@@MrsCarQuestionsAnswered Word of mouth will propel you to success, as I suspect you have already found out and are enjoying the benefits of. America needs more of you.
Brandon,
As usual, bang up job on the video. Enjoy watching the channel regularly.
We LOVE that dealers such as yourself are working to make the process of purchasing a vehicle less chaotic.
If I were in the market for a car right now and also in your area, I would ABSOLUTELY pay a little bit more just to know what's going on with the car and that it's a clean transaction with no surprises when I show up to sign docs.
Well done, and it's going to go well for you guys!
The return of the budget lot. Cars under $10,000.😂
Good Luck on the endeavor, for the consumer sake I pray for your success. Thanks for the informative and entertaining content.
Great idea! Best of luck in your new endeavor.
Thank you!
I love this idea for your company.:) I hope it works well!
Love the transparency. It WILL work.
Good for you Brandon! Y'all got this, no worries! Congratulations!
Thank you!
This must be what you where talking to Tommy about! Working with CarEdge! That’s awesome brother! Super proud of you and your progress
I'm currently addicted to you and Mikey B, keep up the good work. Love the transparency idea, I'm buying my next car from you
Refreshingly good ideas rock on
It's all gonna crash
Great idea
best of luck with your knew business prospects.
I like the idea. It's almost like how Saturn did business with an upfront price no haggle.
That's an awesome idea. I hope it works out for you. This is what the industry is in need of. Fully transparent out the door price. I am going to watch out for the website. Thanks for spilling the beans.
To your point of Carvana or other name brand dealers listing them for less and tacking on fees. clubs (nitrogen, paint protections, etc) that they won't remove to buy, Toyota of Tampa Bay does this. I saw newer used (1 to 2 years) at near auction prices. I went in for a Camry similar to what you bought at auction for close to that price. As soon as they presented a OTD price breakdown, they had over $8,000 of useless fees added on. I walked. You will have to communicate that to your buyers. Have them look at the small print of dealers to see the fees they are hiding with the price they show. Good luck and I applaud your idea of transparency.
Thank you!
Carvana is a joke.
Toyota of Tampa Bay and other dealers in the area do all that stupid “Advantage” crap they add. Its BS.
Stadium Toyota was a great place but since they got bought out by Gettel - stay away. I wont go back there now.
Great news on the new venture, I will be waiting to see how you do. GOOD SELLING!
Cool new project. I hope it is successful!
I like your new pricing plan to expose costs and your profit. Hope this catches on.
If that’s what you’re not disclosing yet we already know this. How refreshing to have an honest car dealer. I told a dealer last week that I’d rather eat dirt than to go into his office to purchase a car. I know how it all plays out. You test drive the car, they get a feel for how much you want the car, they “befriend” you & take you into their office where later you’ll be joined by their high trained salesman & you won’t leave their office til you’ve paid much more for the vehicle than intended. I would love to work with someone who has woke up & realizes that the consumer will not stand for this anymore!
Wow You got a Great list of Honda's, For those who just need basic reliable transportation.
This sounds amazing transparency finally
Stimulus check money all gone baby!!!!😀😀😀😀😀😆
In the UK. The auction houses have bands for purchase fees. The more you buy the less % fees you pay per car.
Good luck. I hope it will be a success. Buyers need to know what they’re getting into prior to all the other BS that they throw onto you.
It's a Great idea, My wife says She wants to buy a Vehicle from your new plans coming up because She says she trust this seller, Us all the way in Wisconsin 👍😁
I'm in WI too. We have to charter a bus to the lot!
A honest deal with a no bull💩 price. That’s what everyone wants Great idea who wants to sit at a dealership for half a day and try to figure out where they’re sticking a knife in your back. Love your channel.
Sounds like a good idea Brandon go with it👍
Good Luck 🎉
Sounds like you want to be able to give the people the out the door price no ups no extras no surprises. It’s an excellent idea. I commend you young man and I really enjoy your videos. You and your wife do a great job and it’s a great service. Thank you.
It seems like everyone is getting a deal except for the consumer. Greed all around. I'm gonna stay away from this shit show until the dust settles. If we all did this for a couple months then things would change real quick. No one buy anything..
Not really. Some people need cars, they will have to buy.
@@vlado3304Some people. But some are like myself with a 14 year old Honda, hunkering down for a few more years.
Tesla has straight deals. WYSIWYG. Why go through the hassle of a dealer?
I’m not seeing many 2020-2022 used vehicles in the pipeline for my area (757-Virginia). Even if i do see them, the mileage is outrageous (80k) and the price is still high. Your spot on, but the prices are still not reflecting in my market yet. I’ve walked away from 3 dealers this weekend alone 🤦♂️
Thanks for the info! Keep it coming! By the way, when u 2x your vids u sound just like Danny Mcbride 😂 👊
I love how they will not give consumers a good deal on a car NO MATTER WHAT. Even if that means selling the car for even less at auction after blowing thousands in carrying costs
Is it me or is it weird that a 33,000 mile civic is valued at $20,000?
Brandon going big time! Sounds like a very interesting business model, kind of like the promise of Carvana or some other new economy used car dealers. Good luck man!
Love the idea of being open and honest will all costs... I'll be a customer.
So glad you are going to work with Car Edge, good fit
The local Ford dealer here south of KC has probably 500 to 1000 trucks in an old sprint parking lot a few miles away from the dealership. It's insane! I've never seen so many new vehicles together in one place.
I’m all for ur idea and appreciate your desire to provide a transparent experience… it’s funny bc I think that was the initial intent behind CarMax (Honest Rick’s Used Cars)…
The idea being no bs no fees transactions on used cars… though once they got big enough that principal went by the wayside!
Glad though you are out there trying to do the best for people!
I wonder if there is a way to build relationships with local franchise dealers and try and scoop their trade ins before they go to auction!
I’m looking into this myself right now!
GL with your new project!!!!
you mentioned selling cars online. I'd like to see a video of what that entails, maybe do a start to finish video of an online out of state sale to include optional shipping costs, tax advantages, disadvantages.. When I was living in AZ I looked into buying a car in CA and those dealers told me that they had to charge taxes to sell it and then I'd have to pay again in AZ so I didn't buy that car and I really wanted it. Anyways, if that's where you're headed a video for out of state buyers could be amazing
I hope for all of us out here that you find massive success in this new venture! If we can take this inflection point in the car market and turn it into a positive change it would make all the pain of the last few years worth it. Good luck to you!
I think it is a good idea. All speed ahead!
Thank you
I was skeptical of the online car sales idea, but changed my mind completely once he explained the goal of full transparency.
Its desperately needed in the car sales industry, I hope it gets a lot of support.
Brandon, are you able to show what cars you have on your lot for sale, with prices? Thanks...Dan
I think it’s a great idea. People want an honest car buying experience. That’s something hard to find. I think you have earned people’s trust. I would gladly pay a little more to someone I trust then take a gamble.
Good stuff
Man theyre still too expensive even wholesale in my opinion. I must be outta the loop.
Wow, $22K for a well used Camry. That seems high to me ......................... but I haven't purchased a car in 10 years. All 4 of them seem high to me. Hope this "experiment" goes well for you.
I tried factor the first time I saw your promo and liked it. My next box arrives tomorrow. Now that I am less busy, I will start cooking again.
Try to buy a Trax at Jeff Gordon in Wilmington and they refused to take off the add ons.
The dude that made the comment on your facial hair! Now I can’t unsee it !! Lol
I like this plan.
Maybe it works out well. Buying at a discount and passing savings along. People like that stuff. I know I do.
Maybe it crashed and burns. Maybe you regret the endeavor. That's a lot of maybes. Typically speaking. True regret comes from not trying.
Will these newer cars be on your main lot? The fact that you don't charge a document fee makes these newer cars a great option. No 200 dollar fancy air and no document fees make a trip to the western part of the state look a lot more appealing.
Sounds like you have very similar core values as the folks over at CarEdge.
Good idea but be careful and take your time. Floor plan?