Latest News SHOCKS The Car Market! Dealers Can't Survive This!
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- Опубликовано: 7 фев 2025
- The car market is in a state of paralysis right now. Dealership inventory levels are through the roof. Many dealers are being forced to close their doors, they just can't stay afloat. In today's video I talk through a new grouping of facts, stats and figures that explain what got us to this point. The car market is crashing before our eyes, what comes next? In this video I talk through he following points:
2023 and 2024 models are still covering lots… 25s are now arriving.
Lot rot becomes a point of consideration
Large price cuts must happen
During pandemic we’ve normalized high car payments and overspending
Discounts are happening on vehicles that were recently marked up!
Raptors, Bronco Raptors, TRD Pros, TRXs, Escalades, Yukon XL Ultimate Editions, gx550 Overtrails, etc..
Huge discounts mean nothing if your Trade In value went down even more than the savings…
$10-15K off a vehicle that’s overpriced by 30K still isn’t a win.
Stellantis CEO recently resigned… laid off thousands of employees…
Nissan to layoff off 9K people.
Many dealers are losing money month to month. More than 50% of Nissan dealers
Dozens of dealerships that have been around for a long time have closed their doors this year. Ford, Lincoln, GM, Jeep Dodge Ram, Fiat, etc… they just can’t stay afloat.
They redirect inventory to higher turnover locations under the franchise.
Vehicle manufacturers are still living under the pandemic fassad… inflated price tags on everything. Prices of vehicles have far outpaced wages and salaries of Americans.
The vehicles in the 25-35K range are actually selling. Because people can actually afford.
Toyota doesn’t know how to handle an inventory crisis. Many Tacomas and Tundras are showing 200+ days on lots.
Backlots are filled to the brim.
Dealers can’t even hide their inflated inventory levels.
Dealership employees are quitting… salesmen are leaving. No vehicle sales means minimal paychecks.
Stock values have come crumbling for auto makers… 50% for Stellantis… Toyota has seen a huge drop too. $250 per share back in March is now $175.
Dealers need to cut losses right now to earn customers… re-earn the loyalty they burned during the pandemic.
Too many dealers apply a near-sighted business model and refuse to look at the big picture.
Across the board, MSRPs continue to rise while quality diminishes.
Toyota wants to put out “throw away vehicles” 3-5 years cycles… vs 10-25 years
The dealers that charged markups are kicking themselves.
New average new vehicle price is $48,401
MSRPs have gone up 42% since 2019
Wages have gone up 34% since 2019
Average auto loan monthly payment out on a new vehicle is $760… 1/6 auto loans are over $1000 per month… and 1/5 auto loans applied were denied last quarter.
Prices of rent, mortgage, insurance, groceries, etc have gone up in drastic ways too… rendering it nearly impossible for Americans to keep up.
Average 2 adult with 2-3 child household income needed to live comfortably now in the US is between 215-230K depending on region. There are 6 cities that require 300K to live comfortably.
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#carmarket #marketcrash #vehicles
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@untamed_motors
1/2 ton pickups pushing $90,000. Utterly ridiculous 😒
Yeah, for a damned work truck.
@@Jimbo234GW It's impossible to find a work truck. These are couches with wheels.
Exactly. My ‘22 ram 1500 was $63,000 MSRP. It’s bighorn which is the lowest trim package but has decent options so it’s not too basic. That’s what loaded out 2500/3500 was 5 years. It has just gotten out of control. I’m glad the auto industry is getting kicked in the balls for the way they screwed people by not only jacking up MSRP over the last 5-8 years but also how they were charging over MSRP during covid. I don’t feel sorry for them whatsoever
215k to 230k....ya right....the avg person makes 60k
@@shootermcgavin4999 I agree with you I think they were making the point that in order to afford the vehicles and payments you would have to be making that much to afford it and live comfortably which is why they’re not moving because as you said the average income is in the 60-70 range even in a two income home it is difficult
If you can’t buy with cash, you’re buying too much car…
Not even close slash that price or your cars will sit in a lot and your cars have lemon issues they break down in within a year and your fuel is also expensive don't want electric it's slow
He's delusional. No concept of real America. Likely has wealthy parents.
@@shootermcgavin4999 unless actually
Bought a brand new fully-spec’d GMC Sierra back in 2016 for under $40k. Needless to say, it’s paid off and I will be driving it until it completely gives out on me. Vehicles prices are absolutely insane right now.
Feel the same with a 2017 Ram. Its paid and I'll drive it till I cant anymore. Enter Ram jokes here😂
Well by then i think you will only be able to buy a EV
Agreed!! Bla bla bla..
Auto manufacturers and dealers are delusional, but I can understand why since people are willing to pay more for the delivery of their takeout food than the price of their takeout order. Americans are super rich and pretending to be poor.
Agreed. I have a fully loaded 2019.5 (yes, a mid-year refresh model) VW Tiguan SEL and paid around $32k out the door then. Paid it off last year over 1.5 years early and will drive it until prices go WAYYYY down.
Change the laws and let manufacturers sell direct to the public. I don't want to help pay for dealership management vacation homes every time I buy a vehicle.
Two of my buddies have Tacoma's with over 250k miles. They would be in the market for a new Tacoma. Toyota has priced them out of the market.
Not to speak of the lousy twin turbo engines now versus the beast V6 NA engine your buddies trucks came with
Price, turbo and made in Mexico quality control might not work out well. I'm a little surprised Toyota went this route.
@@coldwarkid6611They save 80% on labor and have A LOT of customer loyalty and good will to burn until they could work out the kinks. Fortunately for us, this market crash and new tariffs might bring these jobs back to the US
I love seeing the inventory not selling. The people have spoken and prices will be cut sooner or later. These wild prices Toyota have are not sustainable longterm!
Good videos 👌
There’s not a chance in hell that average annual salary/income has risen 34% in 5 years. 😂
They're not, but if you were fortunate, making a job move in mid 2022 could have easily resulted in a 40% lift. Companies were throwing out stupid salaries.
Yeah, agree, not sure where the author is getting his numbers, salaries flat in my world since 2020.
Not you. Corporates 🙀
My income might have risen 15% since 2019
On a lot of car lots here the 2024 are higher than in incoming 2025s
Glad to hear someone saying that prices are not going up next year. Makes sense. Currently 83% are not buying new cars. The 17% just can't keep it going.
This is what happens when wealth concentrates at the top and continues to do so.
You are missing a finer point he addressed. If they market wasn't already in dire straits, the dealers/manufacturers would absolutely pass potential tariff prices on to the consumer. But because the market is dire, they can't if they want any chance of survival, so they will either have to cut costs or eat the cost in full. The long term result here will be lost jobs, lower quality cars, and/or some car manufacturers going out of business due to increased costs from potential tariffs.
Trust and loyalty has been gone for decades. Especially for politicians.
Greed is NEVER good!! BYE, BYE, BYE Dealers.
Agreed. I want to buy direct from the manufacturer so im not paying for dealership GMs vacation homes.
Soon very soon. I’m holding on to my 2001 and 2005. I can hold another 10 years. By then these greedy gouging dealers should be under water. The abuse has gone too far.
They aren’t going anywhere but okay
@@TheWillieGhow can you be abused if your cars are 20+ years old. Makes no sense
@@itshadouken At least a third of them are going out of business, and GOOD RIDDANCE.
The average household income for the US is at 80 grand. We have watched as the auto industry has greatly increased the price on vehicles while at the same time greatly lowered the quality. We need to wait and let several go belly up. I would like to replace our older vehicle, but I will not do it.
Same here, 2015 Toyota rav 4, 155k built in Japan,well maintained just put 4 new tires( don’t even ask how much) could buy new but I’m not overpaying for low quality.
Bot
Can anyone explain why I need a Hummer that can crab walk? Seriously who gives a damn.
No kidding.
Auto industry is in shambles man. All this tech, and electronic garbage on these new vehicles is an absolute joke.
It's just more stuff to go wrong and cost you money in a few years.
@@Ryan-ds2wxto your point, read “professional” automotive reviews and they mark down trucks like the Frontier because it doesn’t offer enough of all that “self driving” tech crap. The whole industry is screwed up.
Because it’s awesome
They slash prices but still make money. Manufacturers inflated the msrp for mass profits. They can cut msrp 30% on suvs and trucks and still make money.
Exactly. The msrp went up so fast the past 5 years that they would have to cut prices prices by at least 30% to get my attention.
The average profit market on new cars is 4% at current prices. Bad math my dude, they cannot lower prices 30%
@@itshadoukenNot a chance, but nice try car dealership guy
Toyota has lost their way. Quality and reliability has taken a massive hit, and they are pricing their vehicles way beyond what their core customer base is willing to spend. You can’t charge Porsche prices and deliver Ford quality and expect the customer to stick around
The only issue is ford is Charging the same if not higher prices too haha. Basically every normal brand is trying to charge the same pricing luxury brands
@@drift6785 that’s true, but at least Ford customers are used to buying junk. Toyota customers always knew they weren’t going to get the best or newest tech, but they were ok with that because we knew the vehicle was solidly built and reliable. Can’t say that anymore.
Already have confirmed reports of 2025 Tundras engine failures, which is a disgrace. 30yrs ago a quality scandal like this would have shut production down until whatever was wrong had been fixed. There are countless stories of Tundra owners who have already had 2 or 3 engines replaced.
Pricing aside, if Toyota can’t deliver quality/reliability then they’re just another junk manufacturer like the Big 3.
My prayers are answered. I hate car dealerships for the scam sales I experience buying cars. I hate the car buying experience. I want to see BMW belly up. I bought two cars in my lifetime, a 325i and X5. Both cars were a POS and I missed time off work while the BMW service center gouged me of unethical costs to repair and maintain their brokedown junk cars.
Thanks! Awesome video! Let’s bring Pontiac Back and affordable cars again! Serve the People! Also could go do a video on your PHD?
Right From New 1994 Firebird TA GT For Life Now A LT 4 Set UP Hughes Traz
Hey man, thanks a ton for the Super Thanks… really kind of you to do that. It’s greatly appreciated. =] I’d be happy to talk more about that. You can access my scholarly, peer-reviews publications online via scholarly libraries like ProQuest. I typically don’t mention it because it feels “braggy” every time I do… but it’s truly why I like making content like this. Again, thanks a ton!
I call bull that the average needed income to be comfortable across the US is $215k. Either this number is greatly inflated by the bigger cities or it's a bogus statistic. I live in a large city with five kids and my wife on only my income (a lot less than $215k) and we are not only comfortable but we save every month. Ridiculous.
No wonder I feel so poor. $215k, I'm way off!
I am 61 and now make $61K a year. At one time, $1K a year lived was middle class. Now I am poor. Thank God my house is paid for.
If you want to feel poor, move to California
@@brokeboy87or Washington State.
That’s household income not individual
@@GeorgiaGuidestonedthe avg income in America is 40-50k. Still doesn’t add up
They just need to make them affordable and reliable, none of this turbo and eco that.
Turbo charged engines. Run. Reliability is crap
People want power and fuel economy. The small turbo engine is the way most manufactures chose to do that. You can move back to NA, but that decreases power. Stop the hp arms race and that might work out. Now sticking an underpowered engine in a large vehicle to artificially pump the fuel economy numbers is dumb and I wish they weren't allowed to do that.
Keep saying it's crashing, it's over, blah blah, but the car price ain't change. What's exactly over? What is crashing?
Exactly. Everyday some dude pointing at cars on lots saying “it’s over” for 5 years and yet here we are… 😂
You will see when some abruptly, suddenly go bankrupt. Many are already shutting factories and laying off thousands.
Toyota Tacoma are $30,000 trucks. Tundra maybe $40,000. All other prices are over inflated.
*Excellent analysis, I have never seen an analysis as well structured as yours. Look, I have been investing in Bitcoin ETFs and other dividend income since 2020, I have a total of 734 thousand dollars, with my 83 thousand I am very grateful for all the knowledge and information you have given me.*
6 months, $17k invested and almost there too!!
Next year, I'll reach $185k.
And what have you been doing during this time? Trading or maintaining?
Buy and hold is risky because no one knows what the market will be like in the future, so it is better to trade rather than buy and hold, because in the process of buying and holding you can lose everything when the price falls against your expectations.
How did you do this please? I am new to investing in cryptocurrencies, can you please guide me on how to do this?
It is advisable to seek professional guidance when creating a solid financial portfolio due to its complexity.
I predict people will buy all new cars via internet directly. Cars may be delivered through dealers, but dealers will be minimally involved. Sale, financing, warranty all online directly with manufacturer. Dealers will have to make money on trade-in purchases (not directly connected to new car sale), used car sales and repairs.
Tesla method.. going direct to consumer saves cost
There are actually laws in place that ban manufacturers from selling directly to consumers, making dealerships necessary
Yep, the chickens have come home to roost!
chickens have come home to roast.
Not really, prices haven’t moved
Domestic vehicle should never be in the high 5 or 6 figures it’s insane
I was looking at 2024 Nissan Armada , and KBB quoted trade in value on my 2016 Porsche Cayenne diesel with 78K miles at $16.000 lmao … there is no way in hell, I’ll let them have my Porsche for $16K … it’s paid for , in great condition, clean as a whistle…so I’ll just run it until wheels fall off…
I had to go to 5 different dealerships before getting a fair deal on my Kia stinger trade.
Haha I wouldn’t pay $10k for that Porsche
Only a clown would buy a 79k mile Porsche for 16k. LMAO
nah that’s fair nobody wants that pos porsche
200K to live comfortably? I'm not even sniffing 60....lol
This guy is clueless. 215k is a very small percentage of Americans. You certainly do not need that to live comfortably, unless you are in a very expensive area. This guy is just throwing out misleading information.
dude must be living in Cali or New York
Nissan wanted 20k mark up on a new z when it came out.....i walked away
I haven’t seen one new z on the road lol
I just want a $30,000 4x4. Bring on the crash.
Why are new vehicles 80% the price of decent home. I'm with you this bs
Great content. Thanks for sharing.
I bought a 2024 GMC Canyon AT4X yesterday with a $8200 discount off the MSRP.
Steelerships still do not want to deal they just won’t budge on prices been looking for a new truck for couple weeks now and they will not give you any deals and the lots are full crazy I guess they will let them rot before they give you a deal
I agree, everyone's acting like they're giving these things away. Around me the best i've seen is $3k off sticker price on a S75k+ truck. And lots are packed full
I just got a quote 4% under msrp (like that was supposed to be a big deal). Then they add the mythical $400 doc fee (like that is even a real cost). And offer me less than 1/2 the value of my trade. Unless your desperate why even talk to them. Did not even get as far as financing. LOL I may never buy another car, just make do with what I have.
I hear a lot of people say that but I followed the advice of Jason Samko on you tube and they started coming way down. You start with dealerships far from home and get closer. Ask for old price on email. The otd must be agreed to before visiting a dealership. You set foot on dealership and you have already lost. I bought a 24 f150 crew cab. 4wd. Xlt with stx package for 42842. Watch Jason Samko and learn how to do it. If you are not comfortable negotiating like that hire Kevin Hunter the homework guy to negotiate for you. Just trying to help a fellow car shopper. Good luck to you and hope you get a deal.
@@NickCurcio-c7nYou need to look more. You can get 10k plus’s off Ford, Ram and even GM currently. I don’t know what you are talking about buddy.
Meanwhile in WA state, dealerships are still marking up the Integra Type S and Civic Type R over 10k above MSRP.
That's a great car
You got a new subscriber great video and thanks for the info!
I REALLY DO WANT TO SAY THANK YOU AND GOD BLESS for making this channel! MUCH MORE SUCCESS! The PHD is awesome, can you make a video on your thesis one day?
These companies taking a loss is them coming back to reality. There’s been no way that vehicle prices are not artificially inflated. With production efficiency and material science cars should be cheaper to produce than they’ve ever been. The gravy train debt scam is over. Or bailouts.
Excellent reporting, your PhD shows in your presentation and knowledge. You’ve left TRD JON, automotive press and others in the rear view mirror. After watching this clip, I’m hoping Lexus slashes 20 percent off the 2025 LX700 Overtail plus.
One of my close friends is trying to buy a 21-23 ford raptor, used. The dealerships won’t come down. It’s crazy the way they’re acting.
Why is that crazy? lol. They clearly understand there is a buyer for the price they want. And they will find that buyer.
@@Drohead20Nope. It's clear that they cannot accept that this isn't 2020-2021 anymore. They're living in fantasy land.
Most dealers won't come down much anymore.
It's a big dealership network system now.
Good deals are gone from big dealerships. They all price their vehicles about the same now.
Kind of a monopoly.
@@mikeyID Ah... RUclips suppressing my comments again.
Local Toyota dealer has 142 Tacomas/Tundras on their lot. LOL. No one is buying this overpriced garbage
The car/truck market is not crashing. Anyone who thinks otherwise is not paying attention to the vehicle market.
You doing a good job sir shining light on this. You’re right on the money. Keep up the good work for American public. We need you man. Thank you. For breaking it all down.
Agreed!!! tired of displacement four-cylinder turbocharged platforms. 2:57. Glad I'm a 30 year mechanic and know how to fix all my vehicles... This industry is failing the consumer...You can't over pressurize a four-cylinder and expect longevity...Overengineer vehicles.......
Thanks for the solid info brother!
Genuine question: do these dealerships not care that you're always there talking smack? I love your content by the way! Im new here and looking to buy a new tundra at some point. Thanks for keeping me in the loop! Keep it up brotha!
Nissan is shutting half of its infinity dealers by the end of January to save cash
Great Video.. so much valuable information! 💯👊
I have a 2007 Toyota Sienna I paid 5k for a few years ago. It only has 225,000 miles on it. V6 still runs smooth. If it fails I will get another 2007 -2010 Sienna Van. Good luck with your sales quotas. I hope they go great.
Thanks SO much dude. Doing research before EOD to finally get a car after my recent accident. This is invaluable info🙏
I'm living comfortably on $42,000 a year, clear. One just needs to buy what you need, not what you want. Be smart, don't be a typical American!
Toyota needs to stop overdoing tech price gouging & bring back the FJ and v6s.
Msrp is 50 percent too high. Discounts won't do anything. Thanks for the video. Look forward for me.
That flooring cost assures the manufacturer is making money regardless of how the dealers are doing.
I have been in the market for a new to me used RAM truck. As my phone was listening... I stumbled onto your channel. Started doing a little research based on some information you provided. You are spot on about the 42% increase in price since 2019. Here was some thing that was eye-opening. Remember the "Bail Outs" for the the automakers during COVID? A RAM 1500 Limited's base MSRP increased 32.5% between 2020 and 2022. Pure Greed....
Just want to say I really enjoy your content and insight in the car market I’m currently trying to purchase a vehicle and you help me out with knowing what to pay and how to negotiate
Dealership aren’t worried, this isn’t their first rodeo dealing with inflation and high interest rates. 🤠
Great breakdown for people looking into buying or trading their cars... Any possibility you can do one for Suv. I see lots of them used as luxury Rides here in the North East Wonder how the market will work for them. Thx
34% income increase? who? the min. wage earners?
Yes minimum wage in California $20.00 per hour this economy is in the hole 🕳️
My primary fleet is a 2010, a 1997 and a 2001. All paid for, all brought back from being broken by me. I keep the maintained and I will drive them past 300k and then some because I refuse to pay more than around 30k for a new car. I'd rather pick up a high trim hooptie and bring it back around than get fleeced at the dealership.
Thanks untamed good information
STOP buying brand-new cars to impress your neighbors.
Ill keep driving my 65 chevy belair and 55 chevy. No problem!
Simple solution Guys. DON'T BUY ANY!! The market will correct itself. Guaranteed. People that are buying these overpriced vehicles are FOOLS!
Unbelievably ridiculous prices. They just hurt themselves. By hurting people with the prices.
Is really wild, a ton of electronics and other stuff becomes more "affordable" yet car makers keep pumping out cars and jacking up prices like the people has infinite budgets, like they should freaking read the room
Bought a new battery from our local Chevrolet/Toyota dealor yesterday. I couldn't find a place to park. 2 years ago, maybe 80 cars.
There's hundreds now.
I counted 8 Hummers and 62 trucks. WOW!
My truck, 2004 Silverado paid off in 2007.
Suckers!!!!!!!!!!
The consumer doesn't get many options. Why not give is the choice of a V6 vs 4 banger? The consumer is being told...."this is what it is, like it or lump it"....and the consumer is speaking loud and clear.
Appreciate all the information you put out! One question, can you please start citing your sources of where you are getting your statistics from? Thanks!
These are all good points. One thing I will say is that CAFE standards pushed a lot of OEMs into making overly complex garbage powertrains...the days of lazy simple NA engines mated to simple reliable transmissions is ending. OEMs got greedy and targeted the wealthiest consumers, and overshot the current market by thinking this was still 2021. Had Toyota pumped out Corollas, Camrys, and Priuses with their chip and factory capacity, we'd all be happy right now.
Toyota.
Oh how the mighty have fallen.
Sad.😮💨
At today's market. I'll keep repairing my older vehicles until parts are no longer available. Even if I buy parts every month. It is still cheaper than a new vehicle payment. My 2008 Chevy Colbalt manual still gets 30mpg with 5th gear not working. I just bought a brand new 0-mile transmission for $500. I can install it myself unlike these new models.
Very good points. It will go from bad to worse across the board
For what it's worth awesome job! I'm a new subscriber.
I had a customer who I was trying to help get out of his Yukon 2024, he stills owes 130k on its which is insane. His value is worth 60k
It's just not the payment amount...it's the terms...5-8 years...for a depreciating "asset" with questionable reliability...INSANE...
The purpose of this mess is to blame the consumer for refusing to buy cars so they stop building and making them as they currently exist. Then they make autonomous cars that they sell as fleet vehicles to billionaires. Then we the regular people can just get on our interwebz phone and order a ride like Uber.
You will own nothing, and you will be happy.
Car dealers still haven't learned their lesson, as they continue to charge market markups. I haven't seen any price reductions, at least not in my area.
The insurance payment on top of the monthly car payment is also very high. Easily over a grand per month for a new pickup if financed, insane…
When he said and showed "98k" for a bronco at 14:22 I was so baffled cuz i always thought the broncos were around 50k at max even in today's economy.
Was about to make the same comment but you beat me to it. 😃
It's great that my 2020 1794 is still pulling close to msrp. Thank you, toyota, for maintaining the high resale value of my truck 😅
Hi What are your thoughts on the Maverick? Should I expect deep discounts on the '24? Northern CA has quite a few of them on the lots and 25's arriving very soon Looking at ordering a '25 Lariat Hybrid Black appearance pkg. Concerned about the 24 recall on rear camera glitch. I enjoy your videos and have learned a lot. Keep it up!! Thanks very much
It's not a Left or Right thing. It's a class thing. We are so distracted by fighting each other, the wealthy corporations are making record profits right under our noses. I don't when we will wake up and fight this...
Exactly, the issue is... things that goes up never goes back down historically. It becomes a new normal whether we like it or not unfortunately. What makes matter worse is the cost of living is so much more now but our paychecks doesn't soar with it
That’s what they’re looking for a government bail out and that’s messed up. The tax pay they screwed around have to build them out that should not be. $20,000 discount is still not a good deal. They got to put the truck back where it was at first and then we can talk a deal.
And many of us, myself included, had our annual salary drop 100% since 2019.
To live comfortable today over 215k ? What was that number in 2019?
Reap what you sow, dealers. Merry Christmas!
I would love a land cruiser but I cannot justify spending CAD 100K on a non Luxury car which then has a hybrid turbo 4, not great mileage, small gas tank, no diesel or v6 option... it is A LOT OF MONEY, for a toyota SUV, First Edition at 45K, sure, 1958 at 20 large 30 short? Sure.
They want too much money for what they are offering!!
Excellent video🇺🇸🇮🇹❤️🙏👍
If you want to sell more vehicles. Build what people want..simple! Gotta place some blame on the Government also. To much added safety bull crap on these
F**k new car prices. And most people aren't earning 300K dollars lol
Something has to give. Because the math aint mathing. We either need massive deflation (and the pain that comes along with that) or we need massive wage increases (and yes, pain will come with that too). We're in a catch 22, rock and hard place type situation economically. I just read an article on Zerohedge that stated in order to have the same purchasing power as our parents did in the 70's, 80's...we'd all have to be making anywhere from $60-$90 per hour right now (minimum). We're screwed.
They aren’t changing the cars they’re re doing the vins and saying they are 2025s. Currently working for someone who deals with all the companies and I can’t tell you they aren’t making new cars they’re buying them back from the dealers and resale them as a newer model.
In 2015 I bought a new F150 XLT FX4 Crewcab for $42,000. Today, that same spec truck costs $59,000 MSRP. NOPE, not going to pay that. I'll just keep repairing my old one if need be, but I would gladly buy a new one if prices were more in line with what I purchased in 2015.
I bought a 2004 Ford Ranger there at Garff (Spratley Motors) in the Spring of 2005. Paid $17,000 for it. Sold my house there at the next exit North, back in 2018, and moved to the Philippines. I couldn't afford to mave back if I wanted to, which I do. EVERYTHING here is Sooo much more affordable. And, the women are fit, feminine, and family friendly. Men??? Get your Passports and fly into CRK (Clark Airforce Base). I'll be glad to pick you up and show you that "sanity" still exists.
Unfortunately for auto makers, if people are forced to buy an EV, it's going to be a Tesla. They should cut their losses and close up now.
In a moden auto plant every vehicle has approximately 24 man/hours (17-35) of labor to build a car. the difference between US labor and Mexican labor is only about $1500.
🚗🚗🚗You are fun to watch👁👁‼
I just subscribed….even though I am Canadian‼‼
Gladys🇨🇦Toronto🇨🇦
One of your best videos. I don't understand it, how are the dealers going to make it. Sad to hear about Nissan, hope they make it. Ford Bronco Raptor needs to be max 60k, and I should be able to buy a Bronco for 35k. The new LC's are junk, no third row, 4 cylinder, why would anyone want that thing for 60k, there are better options out there.
Inventory is high but I feel product is moving. Most of our neighbors have brand new cars in their driveways. I don't live in Beverly Hills either. Just a suburb outside of Denver. Bottom line is that people are buying cars even at inflated prices.
I think he's right on many dealer lost their loyal customer. I am one.
What do you think about the Ram TRX? Is it cheaper to lease a new one or buy something like a used 2023 TRX?