Affordability CRISIS | The Cost to Own a Car Has SKYROCKETED
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- Опубликовано: 2 мар 2024
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On this week's episode of RYGTBKM, a Jeep dealership discounts a car by $16k and then adds $4k in worthless add-ons; and Ray & Zach lament how far prices have increased for car insurance and maintenance over the past 10 years. 
Развлечения
Owner of a paid off 2010 Honda CRV here, I’ve been wanting to upgrade to a solid Toyota 4x4 for over two years but will continue to wait. My current cost of ownership is so low I cannot justify biting the bullet on today’s market prices.
I'd advise keeping what you own!! Especially right now. More so than the last 50 years.
Same. Have two older vehicles fully paid off. When the right deal comes along for the right vehicle I'll do it
@@markwatkins9658 Agreed. We are in an automotive affordability crisis. If you've got a reliable car with low maintenance and running costs, you're golden.
wait TFL bought a new 2024 Tacoma 4x4 and the 4 wheel drive on the Tacoma broke on the first trail - happened 3 days ago on their channel. a new Colorado pulled it out
Toyota recently issued recalls for 2022-2023 Tacomas concerning approximately 380K trucks. I'm wondering if the Guanajuato, Mexico plant manufactured these trucks? Oh, Fraud (aka Ford) recently issued recalls, too, affecting nearly 63K of their 2022-2023 hybrid Mavericks. Take a guess what country those vehicles are manufactured...
My paid off pick up is still trucking. I’m driving this until it won’t move anymore.
My turbo just went on my 2000 Duramax. 340k miles. Wanted a new truck, id rather fix my truck for the cost of 1 car payment. And keep the truck for another 300k.
Same here and then I will fix it and keep going
Those Jeeps should be costing $30,000. Stellantis is predatory, and their CEO, Carlos Tavares, received a 56% boost in total compensation to $39.5 million in 2023. That's $770,000 a week! The system is corrupt. I say, "F*K Stellantis!" People are defaulting on their car loans left and right. Buy used.
I have plenty of money to buy a new car every year. I don't. I still drive my 2005 JEEP grand cherokee V8 non turbo. I can't even buy a V8 today. FJB.
Used car prices with higher rates equals a new car. There is no relief anywhere.
@@dmimcg "This is the way." If I were to buy a car today, I'd buy something from the 1990s - 2010s, before computer systems became the norm. I'm not romanticizing ICE automobiles. Yes, ICE cars have many problems too but if they are well maintained, they will last for generations. Today, when you buy a car, you're expected to get a new one in 5 - 10 years. It's sick that this is the new normal. You're wise.
Sadly that's still ridiculously low for a CEO these days...
@@breckfreeride So what? We've normalized CEO and throw our arms in the air and not fight them? That's $760,000 a week. Many people don't make this kind of money in their lifetime.
Walked on to a honda dealer near my house... cars as far as the eyes can see... yet they're playing games like it's 2021... they're out of touch and better start wanting to sell cars before they go out of business.
The auto and house insurance cost increases are real and urgent problems that must be resolved systemically urgently.
My auto insurance for 2 cars in NJ was $600 for 6 months in February 2022. I just got the renewal quote, and it is now $1,300.
During this time, I did not get any traffic tickets, no ccidents, no changes in address, no change in driving habits (ie do not commute with car) and no change of drivers of household members.
According to the insurance firm, it's purely due to current repair costs.
So inflation has not been single digits then, as my auto insurance cost more than doubled for no fault of mine.
This is insane and it must be fixed asap!
do not forget the number one problem in the country: hack lawyers with no business knowledge or experience, running up tort costs via lawsuits and selling out government for bribe money....🐷👺💯👹🔥
B.S. So all the time you're paying premiums and not having any accidents, why would they be concerned about repair cost? If they raise your rates even though you are a good driver and happen to have an accident, they will raise your rates to cover what they paid out in repair costs. Pure unadulterated green on behalf of the Insurance companies.
Everyone has to chip in and subsidize the repairs on those overpriced EV's!
He'll If the battery pack gets a scratch the ev is totaled.
And yeah #FJB
EVs need subsidies to be viable at all, FJB
$46,000 is still way over the top and still way to much electronic "whiz bang/goo" that serves zero purpose other than an excuse to jack up the price and when not covered under warranty - cost to much to repair. All of the vehicle manufacturers have gotten way out of hand in terms of "greedy" to start with - then add in dealerships who then add to the "greedy". Next add in the cost of insurance on new vehicles - all not worth it. The car manufacturers and dealers are providing huge incentives to fix up older stuff more and more all the time......
A vehicle is nothing more than a needed item to go to work, school, church, Dr., shopping, etc. and a cost to be minimized not maximized! Purchase for need not want.
No doubt!. $46K is the "TSRP", excluding destination and TTL, for a 4x4 SR5 Taco, and the franchise dealers in my area (150 mile radius of my home) refuse to lower prices on this model.
@@locknload4691Then my guess is the dealers within 150 miles of you must not have any debt; pay cash for everything; & have tons of $$$ in their check books - NOT! Sooner or later - the "light bulb/reality" will hit them but if they continue down this path - someone will learn how bankruptcy rolls i.e. KARMA! I know of some big ones within 150 miles of me that are starting to show the signs......
Very well said! 🙏💖
I’m retired and drive about 5k miles per year with a perfect driving record my insurance with State Farm just went up $707 this policy period.
Quit Them And Go For A better company . . They Are Out There . .
It went up $707 or went to that? I pay 1200 with traveler's on my 2019 4Runner and I have a perfect record although it's a single not a multi car discount which would save me half. My GF doesn't want the risk, I don't blame her.
Every year for the past 8 years my insurance goes up and I don't know why. Every year thecar is older more miles worth less and no violations. On top of that I work from home. Insurance is an absolute scam!
Same here, same scenario, just with Allstate.
Yup, been with state farm for 13 years, never a claim. Clean driving record even with a CDL. And it keeps climbing on a 13 year old mini, which has almost no value according to kbb.
And dealerships wonder why almost all of us customers want them to go bankrupt and close shop. 90%+ dealers are thieves. OEM direct sales only
Dealers simply don't get it! UGH...... Guess a bunch will have to go out of business first.
Clueless!
I spoke with my insurer when my rate jumped $80/ month and he basically said all the major insurance companies got together and agreed on an industry wide rate increase. My driving record is clean, he said it makes no difference. His gimme was saying his company was the last to increase their rates. I told him I have no problem paying for a service but I don't have a single thing to show for the $289/month i'm paying, I could have tossed the money i've paid out my windows and I'd have the same result, nothing, just me minus my money.
Insurance is a racket
I spoke with my insurer when my rate jumped $80/ month and he basically said all the major insurance companies got together and agreed on an industry wide rate increase.
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That collusion and is very against the law.
They are doing it with homeowners insurance also.
Its not just the cost of vehicle. My car insurance is up over 50% in a twelve month and never had an accident or ticket in 20 years! Even when I check this is the best price for this level of coverage!
I'm having the same issue. I'm shopping new Honda Ridgelines and I get online offers that are not true because and discount off MSRP is then offset with stacks of add-ons. Most specifically Diamond Valley Honda in Hemet, CA sent me an internet offer for a Black Edition Ridgeline of $42k (MSRP $48k) and I went there to buy it cash. Then they said they can't actually sell it at that price and after over $10k in add-ons (that weren't even on the addendum just the breakdown sheet) the OTD was $57k !!! I said nobody pays that and got up to walk out. They asked why I don't make an offer and I said I was there because they made me the internet offer. They offered another $1k off as I went through the doorway. I expect that from some shady corner used dealer, not a full Honda dealership. Oh I forgot to mention, when I asked for a copy of this bloated offer sheet they said no and literally pulled it back off the table so I couldn't get a picture of it. That dealership can kiss my a**.
We used to buy a new vehicle every other year. But that has changed. The current price of a new 2024 Jeep Grand Cherokee (equipped the same) is almost exactly twice the price of our 2011 Jeep Cherokee, when it was new. We recently bought a new car (NOT a new Jeep), but ONLY because an inattentive driver totaled our 2011 Jeep. We never intended to sell it or get rid of it. Cars cost too much. And dealers show real disrespect to their customers with all the worthless add-ons. Our routine purchase cycle has gone from two years to 15.
Car prices are pure inanity. Something has to give. Who can afford this nonsense? We aren’t even talking about “luxury” vehicles. As for Jeep, Dodge and Chrysler….its laughable what they are asking for since the quality is horrendous. Two time Jeep wrangler owner here and if it were not for the fact that I do my own maintenance and repairs, saving thousands on the bullshit issues I’ve encountered, I would have dumped this brand a long time ago. With that said I’m tired of being a mechanic and as much as I love the lifestyle of a Jeep, I’m done.
Plenty of people with a lot of money out there and they’re willing to pay.
I just look them straight in the face and tell them I charge a “Customer Signature Fee” equivalent to all their BS add on’s. They are usually flabbergasted and tell me i can’t make up fees!😂
Genius 😂
I’d love it if you could have an episode on car insurance. Are there specific brands/models that pay less insurance? I know certain states have higher insurance costs. How do we reduce our insurance costs? A perfect driving record doesn’t seem to matter all that much.
Get one of those "pay as you go" ones, and don't drive unless you need to
So about an hour south of me there’s a CDJR dealership that has a very stripped Willys gladiator marked at 39k, down 9k+ from MSRP. So for fun I went in and worked up a preliminary deal. All seemed good til we got into the trade for my 16 Rubicon. They offered over 5k below what my last offer was 10k miles ago. I just laughed and said, “thanks for your time”.
Sell it yourself.
@@user-qc7dr3cd3q I’m not actually looking to sell it. I was just wondering if these dealers had learned any lessons from the last year and apparently they haven’t. They’re getting 15% mark down from the manufacturer, but they are simply moving that money over to undervaluing the trade in to keep the prices down on paper, but still high going out the door to the customer. The dealer was DEAD when I walked in. Literal ghost town with one salesman and the manager the only employees working. This dealer will most likely shutter soon, and they’ll deserve it.
Maybe we can finally get rid of the dealerships and get to ala carte purchases directly from the factory.
dealers and real estate agents are useless and need to go.
Great advise on recognizing these very common dealer tactics , but more so being a son and a father myself how great is it to watch you two and your interactions. Kudos gentlemen keep up the great work and God bless you with many more years of this beautiful relationship
The only issue I can see a dealer having is that it may feel like you're pulling the ladder up behind you after you already got rich off these practices.
Idk what the actual solution would be... imo we should just be able to buy from the manufacturer and make car dealer a job of the past
That would destroy a 2.5 trillion dollar industry. That and the manufacturers don’t have the infrastructure to support that sort of shift. I agree something needs to change because they are slaughtering the customer, but getting rid of the entire trillion dollar industry isn’t the answer. What needs to be done is better regulation, and price ceilings need to be set for every vehicle depending on trim. That would take some time but it’s an option. Regulation.
@@vinceramirez6963 ot could be a $1 industry idgaf
I just bought a 2024 elantra and talked them out of all ad ons and extra warranty. Paid below msrp before tax, tag, and fees.
I hate buying cars which is why I only pull that trigger every 15-20 years. Sadly it's almost time. I'm not a fan of buying depreciating assets.The last car I bought was a 2008 Honda CRV. I'm going to hold out as long as I can and take advantage of the high yield savings account rates while they're here.
Car buying used to be fun. Not so much now. My wife and I kept our cars an average of 13 years. My 2014 Forester is doing fine, and I have no intention to buy another, although I could easily pay cash for a shiny new expensive SUV. I''m OK with my dinged and scraped car. It gets me where I want to go, and the radio works. That's all I need.
If the majority of Americans wake up to the huge losses they incur buying new vehicles and start wisely buying 5 to 10 year old quality, well maintained, vehicles there will be a huge recession in the world until the imbalance is corrected. As it should be. If those losses were eliminated, and the money funneled into investments, people will be much more financially benefited. The benefits to a person who does this should be taught by this channel. I always smile when I think of Sam Walton, the creator of Walmart, always driving his 1979 truck even though he was a billionaire. I admire people who have accumulated wealth living frugal lives.
Where will you find quality 5 to 10-year-old used cars to purchase? Private sellers look at the market as well and try to do their best impression of Carvana and Carmax. I see 10-year-old plus cars on Craigslist and FB with 200K miles going for 7-10K, some of them with rebuilt and salvage titles.
Basically wait until BYD enters the US market. A 15k ev works out fine for most Americans living in or around cities.
Learned so much from you and your family. I am really appreciated your works.
As I’m traveling around the country now, the dealerships here in Dallas, Texas is overloaded with trucks and cars galore. Hardly anyone seen on the lots either.
Do these dealers not realize a bad taste in your mouth on a deal then drives NO RETURN for service to that dealer EVER ?
Yeah, during covid they refused to sell at MSRP. They demanded more. I didn't buy from them then and now I wont.
Another great video you guys 🤘🏼 So happy I found this channel. I'm curious Does car edge accept tax exempt forms? I would really like to buy my next truck from car edge.
I made an offer of $25k out the door on a new '23 Jeep Renegade Upland at an AutoNation dealership in Roseville, CA. The sales manager's response is like, "you can't be serious." They're asking $27,411 for it. It's been on their lot for 217 days and since late Nov. they've decreased the price by $6,379. I like the "mini Wranger" look of the Renegade and I like the driving visibility. This one is red and it has the panoramic opening roof, which is the main reason I'm interested in it, it's again like a Wrangler. But I'm just not going to pay more than $25k out the door for a Fiat 500x, which is the platform the Renegade is built on. I would've driven it off their lot weeks ago for $25k. But they wouldn't even consider it.
CarEdge really gave me the info to get a fair deal for both sides. Thanks!
The only dealer extra on a Jeep I would except is windshield replacement coverage because those things crack every year
Just get comprehensive car insurance coverage. My windshield cracks or brakes, I just pay $100 deductible.
Jeep just did away with the car mast antennae. They are now putting them in the windshield. So look for the windshield to cost even more now!
My wife's cracked just sitting in a drive through not even moving
Ray, the electronics definitely adds to the insurance costs. But, I think the biggest factor to insurance price jumps is because of the electric cars. A tiny hit on the bottom of the car (or anywhere on the car, really) can damage the battery pack. Because of the chance of fire to a damaged battery pack (even for the tiniest amount of damage), the battery pack has to be replaced. Those battery packs are like $20k+!! Just a small accident involving an electric car can cause the car to be considered totaled by the insurance company because of that. Insurance companies (I used to work for one) have to spread those costs around to everyone in order to stay solvent and still make a profit. I just finished my 6 month policy with an insurance company (Progressive) . My rate was going up. I did a new quote and signed up with the same company as a new customer. I got max coverage on everything and got it at a lower rate! (I increased everything to max coverage because if I wind up in an accident with one of these electric cars (that the other driver/s have -- I won't buy one), I want to make sure there is enough insurance to cover the insane costs of these electric cars and the new severely overpriced cars and trucks. My car is 19 years-old. I mostly drive about 35 miles per week (about 1500 miles per year.) My 19 year-old car just hit 44,500 miles. Paying insurance sucks. I have never had an accident or ticket, but the law requires us to pay anyway.
I really enjoy watching you guys every day. Please keep the videos coming.
I was just quoted $904 a month for car insurance for a used NX lol that’s $550 more than the car note. I want to buy but I’m not stupid.
I have a 24 month lease/10k miles a year on a 2023 grand Cherokee Altitude with a sunroof. Payment is $523. Upfront money of $1850…. Buyout from Ally bank is $43xxx….lease is up in November. This thing is going to worth nowhere near that in November lol. I’d MAYBE buy it out with a 35% discount on that buyout amount…MSRP on it new was $52xxx…crazy times for sure
The cost of a new or relatively new car is an outrage. My husband is a car mechanic and has been for decades. He knows them all, inside and out. He said not a one of them is worth even a small fraction of what they cost. People are going into horrible debt just to have a car to drive. We both proudly drive very old cars that we paid cash for even though we can afford new cars. However, my husband is able to keep them in running order. Not an option for many. But what people do need to change is stop buying cars for vanity so that you’ll look slick to your friends and neighbors. It’s a trap.
I just renewed the registration for my 16 year old car. Last year: $55, 2024: $81.
What is a fair price for a new Ford F-150 Lightening Pro with the high altitude package?
Asking for a friend.
Gentlemen: I think I understand what you are saying. Of course car dealers need to make a profit. All businesses do. I do not mind businesses making a profit from me. What I can't stand is feeling like I am being ripped off, that feeling that businesses are making rapacious profits. That certainly is the public's perception of car dealers. The Jeep example you gave in this video is a good example. The price of the Jeep may be fair but those add ons are ridiculously, laughably overpriced. I agree with what you mentioned, Ray, that dealers should charge enough for their products and services for the dealership to make a reasonable profit margin but not gouge their customers.
Here's an example how dealers make a profit. I just bought a new 2023 Jeep Wrangler bare-bones Willys and the dealer shuck in a $299 charge for window etching!
Lot of air in that quote: $299.00 for locks (highway robbery), Door Edge Guards @ $499.00 (extreme price gouging), and the rest of the air on the quote.
The price of maintenance has skyrocketed and makes it hard to keep a car running efficiently
That is a big Autonation CDRJ store in Fort Worth, Texas.
Every card I look at has add ons of $350.00 for floor mats and $1,500.00 paint protection. Why would I need paint protection on a brand new car?
You don't. It's just a wax job. You can do that yourself when you get it home
@6:55 what about when you do the oil changes yourself?
The cost of insurance has gone up mostly due the increase in crime related to cars being stolen and vandalized.
I'm driving my 2004 Ford Ranger (which I bought new back then), until the second coming. It just blows my mind how expensive vehicles are now. My folks drive a 2005 Honda CRV (which they bought new), now with 300K miles on it. It still drives like a champ. Why would anyone be crazy and spend money on a new vehicle, if what you have now is still working great?
one ding in my aluminum door on my supra wasnt able to be fixed properly.. whole new shell was needed. 2k with paint and everything.. somethings are good and some are bad for sure.. i typically opt out of those things and this time aroud i kinda wish i had paid for the wheel and ding protection cause i have spents a few thousand fixing lil things already...
I thought I needed a vehicle, I’m fine walking
Just purchased a 2013 RAV4 ....low mileage for $13,000. We'll be keeping this one for a long time.
Chicago - insurance on a 2022 accord with a rideshare endorsement min. Coverage no accidents or tickets in the last ten years $2,500 deductible just went up $200 to $1650 for six months
The Autonation add ons are negotiable.
I bought a new Expedition with $2600 add ons that I had them deduct before we could work a deal.
Have you seen insurance company headquarters buildings? Then the executive salaries?
Had hail damage on 2 vehicles, once they paid $9,000, next time $19,000 totaled the vehicle
Right! “Hard press to have $700 dollars in hail repair”. As a licensed auto adjuster, I’ve loss all respect for these idiots.
@@davidd3347 True, my hail damage for a 2011 Toyota Avalon was over $8000.
Hey Pops,I was at local Ford dealer in Vineland NJ today. The dealership had Ford Mavericks with a 5K ADM,separate sticker on window. There was lots of Mach E electric collecting dust. Also Bronco Raptor with 30K over msrp. During the last 3 yrs they were 10-15 K over msrp on Bronco’s. Needless to say I will Never purchase a vehicle there!
Waltrip Subaru in Tennessee seems to be doing a good job of taking care of their customers.
Let's not forget that EV's are one significant factor increasing vehicle ownership costs. A good friend who is the CEO of a large AAA Region was telling me about a comprehensive cost analysis his region just completed. Quick take from the analysis is that EV's are increasing costs for all of us. The short of it is EV's pay NO taxes towards roads and that EV's are incredibly expensive to repair and as a result have exponentially increased insurance costs for everyone. This is with only 10% of the total fleet being EV's.
I'm shocked to hear this. Imagine something promoted by the government to be the end all be all, ends up the proverbial BLEEP in the punch bowl.
EVs and hybrids have much higher registration tax, don't worry the government gets their tax dollars they just don't fix the roads with the money you give them.
Just returned from a dealership drive through. I'm thinking, nobody can afford these prices. What I don't understand, if nobody can purchase, and the dealer can't sell, when does the basics of economics kick in?
The auto insurance is sky high. Why? We are in strange times. None of this makes sense to me. I wish I could call my old economics teacher and ask him, demand, supply, cost of loan, interest rates, taxes, .. I see a crash coming. Something must give.
I'm with you on this and feel the same way. My only guess is that there are just enough people willing or able (maybe) to pay these prices that they keep these prices high. That and the fact that these greedy dealers are willing to keep unsold vehicles on their lot for months and months trying to get someone to pay their crazy prices. If there were more smart people that would just say no to this crap, things would have to change.
people can't afford but they still buy is the problem. we sold 75 cars last month at my store still
@@Cory69 this is not going to end well. you can fool lots of people, but you can't fool the economics professor. It's as if we are living through a period just before a war. Everyone seems to understand that the end is near, but Americans are so stupid they march on.
@@Cory69 Exactly. Thats why I put the 'Maybe' after able to buy. Defaults and repo's are at all time highs.
Imo the problem is they have billions in cash reserves, they can out wait the consumers before dropping the prices. They can simply fire everyone and sit and wait for supply to normalize, they already laid off a ton of ppl.
I think insurance has gone up due to cost of vehicles, even used ones, availability and cost of parts, EV's being very difficult to repair, natural disasters and insurance companies being greedy. It's even worse in Canada.
Yeah i got my first drivers liscence last december at 39, and getting a new car means insurance will cost me over 300 a month. Then i start looking at used cars and unless i want junk, i need to pay 25k or more. Ridiculous. I am taking my motorcycle liscence in 2 weeks. Ill buy a 5k bike and enjoy my summer. Wish i coulda had a car but i am not willing to do it at these prices.
These videos are always very accurate but the hail storm dent repair analogy was not my experience. Way back in 2008 I was trading in a car that had Acorn damage, similar to hail. That damage severely discounted the value of the car. I had the PDR done on it to the tune of $1200 to do the hood, roof, and trunk lid. They did an amazing job, car looked brand new considering it was only 2 years old at the time. That repair added about $2,700 in value when I traded it in so it was worth it. As everything has gotten more expensive I doubt a similar PDR today would cost less.
If I could buy thru CarEdge in Canada I would seriously be relieved and consider doing so!
All you are forgetting the cost of required, full Insurance coverage on any vehicle that has a Loan on it...and the cost is Sky-High. Also States that a excise tax, which is also Sky-High...Where do they think the average everyday working people, have this or that kind of $$$ for a $1000 plus a month payment for 7 years. When most are trying hard to feed their kids and keep a roof over there heads.
I just bought a Toyota from an Autonation dealership and they tried to pull this on me. I managed to get one fresh off the next truck for under MSRP and hilariously the car has a few of these add-ons installed anyway. Edge guards, window tint, and dent repair all free.
I have always put my door edge guards on myself!😂
All part of the overall plan.
You will own nothing and be happy. The worst part is, we're funding our own destruction.
Corporate and Stealerships GREED. Price Gouging and blaming it on inflation. Inflation has been near normal for awhile
until dopey Joe introduced Bribedumb -omics......💰🤑🫣🙄🐷👺
When will car edge be available in NY
Greed is ruining everything. Every CEO needs to be a billionaire.
Elk Grove Toyota for a Prius msrp is 28k but when you go look at the inventory it’s 38k
Hello Zack and friends, I'm seeking your advice. I'm torn between opting for a 2019 used Mercedes-Benz G Wagon with 100,000 miles on it or going for one with 20,000 miles. Does the mileage significantly affect G Wagons? I adore this car model but buying it new isn't an option for me!
Mileage most def does affect it. 100k on a used g wagon…you need to take that to a mechanic and have it checked for things that have NOT been serviced. Guarantee the reason it’s being sold is because it’s due for major repairs or it’s been wrecked. Could be a real rust bucket. A 2019 with 100k? It’s probably been driven into the ground by a kid.
16k discount and the vehicle is still over priced before the add ons!
I got my 2022 chevy silverado custom crew cab for towing large loads and signed the loan for 40k and considered myself lucky to get it with on 33k miles on it. (Last June). This year I wouldn't even consider buying. I didn't think they'd gouge even more. We're trying to find a decent used car for a price my son can afford, but forget it. Even the s@$tboxes are going for stupid money. Add 8.9% interest on a loan and he just can't make the payments.
GM just announced a recall on the 2020 and up Silverado's and Sierra's for their remote tailgates opening without the push of a button. Keep an eye out for your notice. I drive a 2017 Silverado LTZ Z-71 so I'm not ripping on you.
This is true!! I ALMOST bought a 2024 Kia Ev6 GT but the dealership refused to remove $1500 worth of add-one so I walked away.. I’m hoping they’ll cave and call me back 😅
My truck is paid off, my car payment is very low, it is a 2020, almost paid off. Looking at new vehicles , the prices are utterly ridiculous .
North Richland Hills is known locally as North Richman Hills - that may be a partial explanation.
I had a dealer try to charge $2.5k for a tracking system they already installed. I talked them down to $500 because the car was a 2014 Toyota Avalon Hybrid with 70k miles perfectly serviced in pristine condition for $16k 2 months ago.
That's a lot of money.
I live in the manheim area near the auction and Im told they are shutting down to live auctions and going to online auctions.
Do you guys get these deals on Lexus?
MOPAR’s electronic vehicle system is their ’lo jack’ - not so much for your security, but so they can track it down for repossession.
Dent removal can take out a lot more than quarter size dents. Dents the size of an adult fist is a out $200 for the one dent. I spent $1k on a used PIU that had dents on every panel and that was with a discount.
My 2002 Ram is still running, I keep it maintained myself, do my own repairs. I can keep it goung longer than they can pay floor plan interest.
I’m assuming this is a Cummins, not a gasser
@@hokie9910 Nope. It is a 4.7 magnum gasser. The engine has bern fairly reliable though I have changed out the radiator and clutch fan. I am still driving on the original serpentine belt. The plastic bits in the cab are cracked though. I will probably recplace a few but it is a work truck and proudly sports dents from some creative forestry in lieu of a tractor.
@@MrCPPG ah, good. I didn’t think it could be a hemi, those things fall apart
Door rail guards for $499? I don't think I should set foot in a car dealership. I could strike someone.
I like these guys!
I want a Hellcat but I am not in any rush to overpay and insurance is going to be ridiculous....
I need your advice - which used sub compact would you choose and why - all 2021 or 2022 - Hyundai Tucson, Buick Encore GX, Chevrolet Trailblazer, or Jeep Renegade - thanks Ray and Zach-I use and like your website CarEdge
Avoid the Buick and the Chevrolet!!! Get a Rav 4 instead. Full disclosure: I love GM vehicles. I have always loved them, and I have owned a few. I currently have an Acadia. BUT, I would NEVER recommend that anyone buy a GM vehicle. They just fall apart too quickly. My other car is a Toyota Camry. It's old, it's gone around 350,000 miles, but everything still works on it. My GMC? Nope. My Camaro and Buick Century were even worse, but, damn, they were beautiful cars.
Thanks your your feedback , too expensive , looking to spend max 21,500@@justmeandthethree
@@scott1441 That's the problem with Toyotas. They hold their value for too long, and people hold on to them. A friend of mine runs a used car lot, and he frequently asks to buy my Toyota in spite of all those miles. I intend to drive it until it completely falls apart. He sold me the Acadia, but he never asks about buying it back.
Thanks , but if you had to choose of the four I asked which one you would pick, thanks @@justmeandthethree
@@scott1441 Probably the Hyundai. My son has a Hyundai Santa Fe, and he really likes it. It is still chugging along, but it only has 60,000 miles on it. My neighbor bought a used Kia Sorento, and she loves it. Personally I think Highlanders are about the best car ever. Big but not too big, and they run forever.
I bought my truck in 2016 gas was 1.60 a gallon today, 4.00 a gallon.
Gee I wonder why. Biden economics
Love you guys. That is all.
Dealers believe that MSRP is the out the door price and not the price of the manufacturer 🤦🏻♂️🤦🏻♂️🤦🏻♂️🤦🏻♂️
Wanted 22 Mdx used 34 plus a 5000 dealer fee
Got a new car, a safe car, and expected my insurance to drop, or stay the same at minimum... Shot over $100 a month smh
46 for a rubicon is about decent 39-40 would be good but they add on all that junk on that one
It's a Jeep made for serious off-roading. If you are using it correctly it will get scratched and dented off road.
Question for Pops. When you worked in the dealerships did they get ran like you said they should be? Decent deal for everyone involved? Or did the GM want to make huge profits off every deal?
It isn't just car purchase price and insurance that has heightened vehicle ownership cost. It is deliberate vehicle complexity auto makers have designed into their cars as a formula for planned obsolescence aka more frequent higher replacement part cost due to greater technical complexity. More complicated machines fail more statistically.
Uneducated public keeping poor people poor.
Planned obsolescence.
I have a variety of battery operated things like cameras, power tools etc where they work perfectly but the custom battery packs are no longer available.The cases are designed in such a manner that you can'teven rip it apart and replace the cells!
Just wait till all these EVs pull the same b.s.
I remember my parents scrapping (and swearing at) a two year old GM car when the engine blew out. Was a housewife car and not heavily driven. Planned obsolescence at its finest.
What a load crap of add ons, what’s even more stupid is that the reduced to the 46k price was still too high, should be under 40k
$500 for door edge guard stickers? They probably paid like $20!
😂😂😂i bought my sons charger here at this dealership back in 2017 before covid prices.
Insurance JUMPED dramatically for me. I had USAA and LOVED USAA for over 12 years. I never had an accident, never made a claim, the insurance was fine (even got a rebate during COVID) and became remote work during that time, so I drive it even less. Then, a year and a half ago, USAA jumped by 80% for me. it went from being affordable to matching my car payment every month. Broken hearted I shopped around and got a better deal, but I should not have had to. IDK what caused the jump, and I could never get a straight answer from anyone at USAA.
Now I see the cost of new cars and just think my 2017 Elantra will just have to last me a good while longer 'cause there's no WAY I'm gonna go for a 50k car as "affordable."
That Jeep Dealer is not serious about moving the metal.......no matter how long they have to floorpan their inventory......
I just financed a 2020 f150 for $29595 with an interest of 8.49% and I have a credit score above 770.. Banks want their money back no matter what your history looks like
$500 for door edge guards? ridiculous!
Insurance goes up with the car repair costs. Cars these days are overly complicated and have way too many unnecessary electronic gizmos.