Why Cheap Cars Are Disappearing

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  • Опубликовано: 15 янв 2025

Комментарии • 10 тыс.

  • @oldbuddyben
    @oldbuddyben 4 года назад +2392

    I started selling cars in 2002 and remember people balking at the mere thought of a 60 month loan term... here I am 18 years later and have people asking if we have any options longer than 84. I see people every day buying vehicles that suit their needs 5% of the time. For example, someone looking for a full sized 4wd SUV that doesn't have but 3 people in their household and doesn't need bad weather/off road capability. When I ask them why they're wanting a large, 4x4 SUV.. "well, we take my mother in law on vacation with us once a year and need the extra space." So for the majority of their driving time they are paying for WAY more vehicle than they truly need. More power to them, it's their money, not mine.

    • @SapioiT
      @SapioiT 4 года назад +56

      To be honest, I have a break instead of a sedan because I like that extra space in the back. If I want, or if I need to, I can even fold the back seats and place a mattress there, to sleep in the car. And I will buy a folding mattress soon-ish™, because sleeping there is a lot more comfortable than sleeping in/on the seats normally. I mean, I'd rather sleep there than drive more to get home or find a place to sleep, if I need to. And not only that, but if hotels are closed due to the rona-plague, I could always go on vacation and sleep in the back of the car, which also makes the trip cheaper. Wet towels for wiping myself, soap and a bottle with a cap with a tap, and I can wash myself, a cutting board, a folding table, and a portable stove or folding grill, and I can cook. A fairly-powerful fridge unit is fairly cheap, and I can always buy frozen foods to help keep it cool if it's hot outside. #carlife #vanlife #bikelife #tentlife #trucklife #tinyhouse #trailerlife and so on.

    • @mattobermiller5041
      @mattobermiller5041 4 года назад +128

      I live near-ish a town with a long history of VERY high oil company wages. The standard vehicle is a late model, extended cab, one ton, 4WD dually, diesel with all the bells and whistles and a probably several thousand dollar topper that never gets taken off. Friend of mine who works for the oil company and drives a beater said most of his co-worker's pickup trucks cost well over 100K. I used to work for homeowners in this town and have asked a lot of the people with these trucks what they use them for. Most of them live in tight little subdivisions and you can walk from one side of town to the other in under half an hour,(some non-oil workers don't even own cars, just bicycles) the oil company where most work is about a 10 mile drive but, even though they all live minutes from each other and work at the same place and many have the same work schedule, almost no one carpools. So here's the main answer/justification I get: "well, I need the truck to put my boat in the water when I go out fishing." (There's a harbor with a boat ramp on one side of town, about a mile, max, from the subdivisions where most of these people live) "How often do you take your boat out?" "Oh, 5-6 times a year." (Uh, I kind of know you and you'd probably LIKE to take your boat out 5-6 times a year, you actually only usually only take it out 2-4 times a year and some years that number is zero) "Well, I need the truck to make grocery runs to COSTCO and get stuff in town." True, the nearest big city is 300 miles away across the mountains and the roads can be pretty treacherous in the winter if you get in front of the plows during/after a storm but that's only a thing for a couple big storms a year. The rest of the time, lots of people make the trip in minivans and compacts with no problem. And besides, there's almost nothing worse to drive on icy roads than an unloaded dually pickup. So anyways, I'm 100% with you, buy the smallest vehicle that will efficiently do what you need done. I hear guys bragging about pulling a trailer up one of the long, steep passes at 65MPH and "the truck didn't even know the trailer was back there." If you're not dropping a gear or two pulling your biggest load up the biggest hill, you have way too much truck. Some of these guys drive 100 miles one way to cut small quantities of firewood for their suburban houses and use that to justify their stupid trucks. I mention that driving that expensive truck with that fuel mileage for basic transportation for just themselves all year long just so they can haul a few loads (that a minivan with a tow package would do a better job of) of groceries or firewood makes for some REALLY expensive groceries and firewood and they start stammering and "well, I need the truck, I really do" and I drop it. I got my message across. As for launching the boat, there's a guy with a bigger size truck in that town who has a boat launching and hauling business. And If they don't want to pay for that, get an old beater 1 ton truck and use that for boat launches. It's a mile or less on flat ground or go in with some buddies and share a boat launch truck.

    • @jcman240
      @jcman240 4 года назад +14

      If you can get a low enough rate It would be prudent to stretch out loan and invest the difference... of course I doubt most people can

    • @chadhaire1711
      @chadhaire1711 4 года назад +21

      @@mattobermiller5041 t i missed your point--tell us what you really think....

    • @stevenbrooks1243
      @stevenbrooks1243 4 года назад +1

      F350 / Toyota Tercel Daily 👍

  • @Mrkevi123
    @Mrkevi123 4 года назад +11395

    They still make cheap cars, except you overpay for them.

    • @snakejunt
      @snakejunt 4 года назад +394

      This right here. Hyundai, Jeep, and Dodge are great examples.

    • @Yondaily
      @Yondaily 4 года назад +139

      @@snakejunt you can take Hyundai and dodge out they have premium quality’s and more car for the money idiots

    • @am.asoo1
      @am.asoo1 4 года назад +23

      Very true

    • @thiasreynolds5028
      @thiasreynolds5028 4 года назад +9

      That’s a good one

    • @jesusgarcia9950
      @jesusgarcia9950 4 года назад +23

      Lol chevy

  • @ClarkS963
    @ClarkS963 4 года назад +4029

    Yes. The expectation is to have that technology. That tech honestly isn't that expensive to make any more. Let's stop pretending like putting in a USB port is SO fancy now. It's basic.

    • @KRYMauL
      @KRYMauL 4 года назад +358

      I think the idea was that a touch screen and Bluetooth chip are supposed to be premium even though you can get both for really cheap

    • @aymanhawari2589
      @aymanhawari2589 4 года назад +46

      @@KRYMauL It's software and not hardware that is expensive...

    • @KRYMauL
      @KRYMauL 4 года назад +342

      @@aymanhawari2589 Most software is based off of the open source Linux system which is free.

    • @LordWinter
      @LordWinter 4 года назад +177

      They stuck an iPad to the dash...so modern!!!

    • @BLK_Messenger
      @BLK_Messenger 4 года назад +157

      Definitely not worth the 10s of thousands of dollars they try to make us believe....

  • @techguy651
    @techguy651 3 года назад +483

    I think what this meant to say was, “consumers feel comfortable spending more on SUVs because the government and banking industry is flooding the sector with low interest loans.” When the auto bubble bursts and consumers have to pay cash again, they’ll be demanding cheap cars again.

    • @1017KitchenBoy
      @1017KitchenBoy Год назад +7

      What’s a reasonable timeframe for this burst?

    • @therealfragmental
      @therealfragmental Год назад +2

      @@1017KitchenBoy soon

    • @mozeskertesz6398
      @mozeskertesz6398 Год назад +8

      ​@@therealfragmental If the 2021 stop of the auto industry couldn't topple the market, then when do you think, the car market bubble will burst? Everyone is buying oversized gas guzzlers, for loans, but mass loan defaulting and mass bankrupcy is not a very often occuring thing. Plus, a car development usually takes at least 5 years to complete fully. Something is very off on all markets if most markets are just going upmarket without falling sales.

    • @geraldstephens6612
      @geraldstephens6612 Год назад +1

      It's already happened.

    • @1KingFisher
      @1KingFisher Год назад

      @@therealfragmentalcredit is a new normal and will never go away.

  • @kevinxu2327
    @kevinxu2327 3 года назад +3377

    Let me save you 11 minutes of your life, short answer: Automakers make less money on cheaper cars.

    • @edwardlin2845
      @edwardlin2845 3 года назад +57

      Thanks 👍

    • @spectex304
      @spectex304 3 года назад +25

      Thanks

    • @APAstronaut333
      @APAstronaut333 3 года назад +41

      You are the true shepherd

    • @jackcarpenters3759
      @jackcarpenters3759 3 года назад +14

      Thanks, i was looking for the answer in the comment. I knew someone would comment it :-)

    • @ThePresentation010
      @ThePresentation010 3 года назад +35

      Wow. Who wouldve thought selling things for less means making less money.

  • @actionhero5297
    @actionhero5297 4 года назад +2085

    The gap between a Kia and a BMW has shrunk. That is, BMWs are starting to look cheap, and Kias are starting to look expensive.

    • @luciskies
      @luciskies 4 года назад +78

      I love my Kia 🥰 got it for 10k

    • @jamesthemaschine8245
      @jamesthemaschine8245 4 года назад +119

      @@luciskies i love my bmw got it for 70k

    • @radoni0
      @radoni0 4 года назад +123

      Cause KIA literally bought off BMW designers couple of years ago LOL

    • @terrancebond6111
      @terrancebond6111 4 года назад +136

      @@radoni0 BMW and Audi designers now design the KIAS. They look so clean now.

    • @UsgBifJgpwltA
      @UsgBifJgpwltA 4 года назад +7

      @@radoni0 Does that mean anything though? It's not like their cars shouldn't be talked about as looking great just because some designer designed them.

  • @lucabasile9957
    @lucabasile9957 3 года назад +318

    I don't think that cheap cars sales have fallen. Instead, cheap cars have become more expensive. I bought my Ford Fiesta in 2012 for 11k and now the new Fiesta 2020 has a starting price of 23k. There you go.

    • @jsain360
      @jsain360 3 года назад +19

      Chevy Sparks at $17k, those type of cars should be $10k cars, you can even get some of those cars used for $10k and it be a 2015 model

    • @leslielucci3182
      @leslielucci3182 2 года назад +5

      Money is worth less due to inflation so price is higher but in inflation adjusted $$ almost same. More safety requirements make up the difference.

    • @xavierkoolat6926
      @xavierkoolat6926 2 года назад

      This video has bought into (or was paid for by) the auto industry's want to sell cars with a BIGGER PROFIT MARGIN.
      Get real. This video is just propaganda backed by the auto industry elites, Once again. For example :
      World wide, less expensive car sales are HOT !!!!! The auto big wigs are just trying to get USA people to provide a bigger profit margin. China is selling OODLES of cheap cars. Why? Because that's where their sales are, not in the higher priced auto market.
      If a reliable car with hatchback space and 4 passenger seating was offered at $10,000.00 in the USA, it would sell OODLES of cars also, just like China.

    • @MalloryGrizzell
      @MalloryGrizzell 2 года назад

      my 16 fiesta was a about 15000

    • @sleepycharlie673
      @sleepycharlie673 2 года назад +4

      @@leslielucci3182 inflation meaning an excuse for price gouging and safety regulation as a political scapegoat. This has been going on well before inflation or magical new safety regulation.

  • @numtot2172
    @numtot2172 3 года назад +417

    “Automakers have to pay workers and executives”
    What I think you meant was, automakers have to pay executives first, then workers get what’s leftover.

    • @elultimo102
      @elultimo102 2 года назад +24

      Thus, we lose the middle class, and the "American Dream." (Greed and "globalism.")

    • @jessicah3782
      @jessicah3782 2 года назад +12

      what they want to leave over for the "lowly" workers. yay capitalism (im being sarcastic). thats another why i prefer used cars. at least my money is not directly going to some corporate dipsh*t.

    • @lisamccray9079
      @lisamccray9079 2 года назад +1

      I agree with you 💯 👍 the executives get the big payout first

    • @jesdadotcom
      @jesdadotcom Год назад +13

      The percentage of profits going to workers is vast. Executives get a lot individually but little in the big picture. If you paid the C suite zero it would have no impact on worker pay. You’re repeating a tired cliche.

    • @Johnfisher12345
      @Johnfisher12345 Год назад

      Facts and logic like that simply do not enter the brains of these socialist idiots. Simple math might as well be rocket science to them, as they can’t even comprehend simple equations.. like for example, if a CEO makes $100,000,000 a year, but oversees a company with 500,000 employees, paying the CEO zero and dividing that $100 million equally among employees means they each get a $200 raise per YEAR. That is nothing. But try getting a socialist idiot to understand ANYTHING.

  • @justinelombardi5697
    @justinelombardi5697 4 года назад +249

    Yesterday, I saw an article titled “The Best Cheap EVs” first car’s MSRP was $46,000.

    • @stevencoffeen6684
      @stevencoffeen6684 3 года назад +25

      We are waiting to see if Musk comes through with his anticipated $25K EV that he promises with be available by the end of this year or for sure by 2022. If he is able to do it that will be a real game changer especially if it can get the range and battery life that he is also predicting.

    • @Jakey4000
      @Jakey4000 3 года назад +12

      Like any new technology they start high to subsidized R&D and technology costs, and slowly come down.

    • @justinelombardi5697
      @justinelombardi5697 3 года назад +9

      @@Jakey4000 Yes, I agree. I just thought it was funny my $27,000 Ioniq which is cheap by EV standards did not make the list. There are a few that are around 30k or less now.

    • @justinelombardi5697
      @justinelombardi5697 3 года назад +2

      @@stevencoffeen6684 Yah I can get by on a small range given my commute but many can not. I am really hoping it pulls through.

    • @2004cyrus
      @2004cyrus 3 года назад +2

      There are many tax breaks, incentives and discounts on those vehicle so you won’t pay $46,000

  • @Dee--Jay
    @Dee--Jay 3 года назад +2022

    How is everything getting more expensive but the wages are still the same? I dont like that!

    • @VS-mn4tv
      @VS-mn4tv 3 года назад +56

      so true

    • @sammyismuff
      @sammyismuff 3 года назад +115

      Because of lockdown. The economy runs on goods and services, and because of lockdown, people are spending their time doing unproductive things like entertainment, and many people are getting laid off. Simply put, people are getting less work done compared to what they consume. This will lead to an economic crash.

    • @johndaver9812
      @johndaver9812 3 года назад

      Romanashelburme

    • @johndaver9812
      @johndaver9812 3 года назад +1

      @@VS-mn4tv pavement

    • @knuppel8875
      @knuppel8875 3 года назад +144

      @@sammyismuff because this trend has only been for 1 year instead of the last 12+

  • @fromhigherground4272
    @fromhigherground4272 4 года назад +2592

    This title is misleading, it should be “Why Affordable Cars are Disappearing”.

    • @Andrew-zv4fm
      @Andrew-zv4fm 4 года назад +66

      I was thinking something similar. Aren't affordable cars cheap cars?

    • @jamesherr8149
      @jamesherr8149 4 года назад +46

      Why affordable new cars are disappearing? this video was a joke from the start.

    • @kashfortheking
      @kashfortheking 4 года назад +5

      It’s the same thing.

    • @dickmelsonlupot7697
      @dickmelsonlupot7697 4 года назад +57

      @@Andrew-zv4fm
      Well no.
      "Affordable" is very subjective.
      People have different meanings and standards when it comes to affordability.
      Some may think 20K is "affordable" while others think 40K or even 60K is "affordable".
      As for the car industry, when they say "affordable", it would mean something that may be above 20K but not too expensive enough that ALMOST everyone can buy one.
      While "cheap" cars mean those that practically *ANYONE* can buy.

    • @Andrew-zv4fm
      @Andrew-zv4fm 4 года назад +5

      @@dickmelsonlupot7697 yes and affordable means cars anyone can buy.

  • @EliteRowmaster
    @EliteRowmaster 3 года назад +545

    Presentation fell apart 30 seconds in when they didn’t adjust the sale of cars under $20,000 for inflation

    • @Pistolpete218
      @Pistolpete218 3 года назад +66

      I was thinking the same thing, a 2013 car at $18k is now over $20k factoring inflation.

    • @michaelbuckelew
      @michaelbuckelew 3 года назад +40

      I instantly thought, “does the auto industry really set some arbitrary number that looks clean on paper and never change it? Explains a lot.”

    • @ScurvyMcGruff
      @ScurvyMcGruff 3 года назад +8

      That's a huge factor. I had to stop right there.

    • @mistamaog
      @mistamaog 3 года назад

      The increase of pricing year over year helps influence inflation.

    • @davidjonsson1649
      @davidjonsson1649 3 года назад +14

      Video paid for by the auto industry to justify their price gouging greed. A $20,000 car from 2013 probably costs close to $40,000 now. What a bunch of A Holes the auto makers are.

  • @NessaHavoc
    @NessaHavoc 4 года назад +282

    I saved up $7,300 and bought a used 2004 Toyota Rav 4. It was wonderful being able to say I truly owned my car the day I drove it off the lot. That 17 year old car is my baby and has been so reliable aside from maintenance and things needing to be replaced over the years (broken and rusted exhaust line and muffler). I'll be so sad the day she taps out 😔
    But yes, it's possible to buy a good reliable "cheap" car. Don't let vanity get the best of you.

    • @trustyoungpierre9959
      @trustyoungpierre9959 4 года назад +20

      the real question tho is are you single? 🤔

    • @gohanssj48
      @gohanssj48 4 года назад +23

      The problem is that even used cars are becoming more expensive those days.

    • @DanielByrns
      @DanielByrns 4 года назад

      Please be smart and do research on what you are going to buy. carscomplaint is a good one

    • @SimplyCarReviews
      @SimplyCarReviews 4 года назад +10

      @@gohanssj48 Yup. I bought a Tacoma afew years ago and I was offered the same money I pad for it new... that's why I bought it new instead of used. I needed a mid-size Truck 4x4 with manual transmission and wasn't willing to pay the same price for one with 30 to 40k miles on it when I can pick it up with zero miles no scratches,dents, seat stains or funny smells.

    • @nik-at-nite
      @nik-at-nite 4 года назад +16

      @@inutero10 She said the car is 17 years old. Not that she had it for 17 years smh

  • @PushStart_YT
    @PushStart_YT 4 года назад +743

    New "cars last longer than they used to"? 90s Japanese cars would like a word with you.

    • @eman0828
      @eman0828 4 года назад +79

      Or any Toyota made in the early 2000s that were bulletproof.

    • @randomrazr
      @randomrazr 4 года назад +2

      @@eman0828 what about new toyotas

    • @Epotheros
      @Epotheros 4 года назад +23

      @@randomrazr They burn oil before 60k miles.

    • @ianhall6614
      @ianhall6614 4 года назад +5

      Also the vast majority of trucks produced within the past 25 years or so will be pretty reliable and hold value extremely well

    • @chieftigmos4018
      @chieftigmos4018 4 года назад +70

      I have a 2002 civic that I've driven to hell and back and literally beat the crap out of it. Still fires right up every time and never gives me problems. Ten years I've driven that car everyday. The Japanese make one damn good car.

  • @amatthew3t259
    @amatthew3t259 4 года назад +326

    I'm shocked they're pointing to electronic features as a cause. A nice stereo can be put in at best buy for under $500. That's not even putting a dent in the 10k+ price increases we're seeing.

    • @slapshotjack9806
      @slapshotjack9806 4 года назад +7

      I know sometimes car dealerships will add the cheapest options for way more than what it’s worth on their websites it’s absolutely ridiculous

    • @ironmonkey1512
      @ironmonkey1512 4 года назад +6

      Look at all the HUD madness

    • @elliott8175
      @elliott8175 4 года назад +12

      I agree. It's a BS explanation. Adding Bluetooth? Give me a break. I have some old Airpods that cost 200 dollars that had the best Bluetooth when sold. The 10k+ price hike is because of a low-res camera on the back and some Bluetooth? =|
      Fair enough if people are going for something more fancy, like Apple's CarPlay - features like these probably add about 1k each, so would add up pretty fast.

    • @slapshotjack9806
      @slapshotjack9806 4 года назад +1

      @@elliott8175 the camera also has sensors to tell you how close you are to something so it’s a bit more advanced than you think

    • @elliott8175
      @elliott8175 4 года назад +3

      @@slapshotjack9806 Well, it depends on the set-up, but if you're like me then you just want a camera to cover the blind spot. There are "beepers", but they were around before the camera, and don't necessarily come with the package.

  • @chiefdan07
    @chiefdan07 3 года назад +359

    Young people should always buy used cars and learn to maintain them without the anxiety of the car’s value plummeting after you drive it off a dealership!

    • @MrShitthead
      @MrShitthead 3 года назад +81

      Nah dude, young people are doing it right today. What you do, is put yourself down on an 84 month plan for a $50k+ pickup truck (because you need it for groceries) while you’re only making $40k, get the latest $2k smart phone, eat at Starbucks everyday, and then…..
      Tell Bernie Sanders that it’s the governments fault that you’re in debt and can’t afford to buy a house.

    • @cybercomets7260
      @cybercomets7260 3 года назад +29

      @@MrShitthead 🗿

    • @jml9550
      @jml9550 3 года назад +38

      @@MrShitthead can’t agree more. People needs to learn to live within their means and start saving money for the rainy days. A Toyota Corolla can easily goes 200K miles properly maintain. That should last them 10-15 years. Instead they go out and buy the $50K BMWs and get in a 84 months payment term.

    • @dbclass4075
      @dbclass4075 3 года назад +26

      Or even better, not buy car at all if it isn't needed. Obviously, this only works when in area with good public transit.

    • @adjustdafacts
      @adjustdafacts 3 года назад +11

      I did that and it was a disaster. You end up paying in repairs…. Buy new as possible of your going to buy used

  • @hydroaegis6658
    @hydroaegis6658 4 года назад +724

    Because people are getting loans to buy cars they can't afford in a vain attempt to look good.

    • @fynkozari9271
      @fynkozari9271 4 года назад +2

      Loans? So what happens if they die before finishing the payment?

    • @chaff5
      @chaff5 4 года назад +28

      Yep. 2008 housing bubble is going to be 2022's car loan bubble.

    • @bmw803
      @bmw803 4 года назад +33

      They view it as a monthly payment rather than the price tag.

    • @chaff5
      @chaff5 4 года назад +7

      @@liberals_destroy_everythin2497 I more meant that people will eventually be defaulting on their auto loans in masse. COVID and unemployment has ensured this is going to happen sooner than later. I expected it happen in about 4-5 years.

    • @turbosure7873
      @turbosure7873 4 года назад +9

      Here’s an example of depreciation. I have been driving a long term rental, a 2020 Maxima SL, for 4 months. New it was around $41k, probably outright around $36k. Looked at a used one just like it with 20k miles for $27,500, was told $26,500 would take it home. Unless you had good equity in your trade or had a sizable down payment you are buried in that car. Almost all new autos are like this, some of the SUV’s and pickups seem to hold their value better than the cars do.

  • @woodstocknun
    @woodstocknun 4 года назад +1765

    why buy a cheap new car, when you can buy a depreciated 6 year old car that has everything you need for half the price...

    • @wooferjr169
      @wooferjr169 4 года назад +122

      It smells and it has stains.

    • @dustojnikhummer
      @dustojnikhummer 4 года назад +325

      @@wooferjr169 then spend 2 hours cleaning it.

    • @SpaceStrike
      @SpaceStrike 4 года назад +30

      @@dustojnikhummer also called new car for 10k or less

    • @dustojnikhummer
      @dustojnikhummer 4 года назад +109

      @@SpaceStrike is not having to clean your car worth 2-8k to you?

    • @SpaceStrike
      @SpaceStrike 4 года назад +26

      @@dustojnikhummer but why can’t car makers make new cars for under 10k?

  • @VinWeiLee27171
    @VinWeiLee27171 4 года назад +533

    So the implication is, if student loans aren’t your problem, they’ll make car loans your problem.
    Seriously, 72+ months? That means “you can’t afford it”

    • @mikehunt545
      @mikehunt545 4 года назад +5

      few years from now you will probably be paying for their car

    • @longbeach225
      @longbeach225 4 года назад +19

      @@CarMaintenanceGuy I went to college and graduated with no debt. I studied IT but pay in IT and computer software development is going down but yet to get a degree in this area the price is going up. I took my talents and currently opening a online business. I went to some of these entrepreneur seminars and learned a lot. The reason people do not take this path is because society has told them its too risky. Its designed that way so people can stay indentured to the big corporations for little pay. I think having just one steady income and nothing else is more risky as well taking out ton of loans that is guarantee for nothing. I rather take the entrepreneur route.

    • @Farrell0208
      @Farrell0208 4 года назад +14

      72 months? Try 96. 😂 can’t afford it ya say? Well it used to be you bought a car cash, and the only real purchase you financed was a house. Trust me eventually the government/ corporations will have their way, and 72+ month financing will become commonplace.

    • @harithdanial7831
      @harithdanial7831 4 года назад +8

      Try in malaysia. 10% deposit + 108 months

    • @uacbpa
      @uacbpa 4 года назад +7

      People still sign up for them. Long gone are the conveniences of having a car outweighting the cost. Now cars are a sign of status where people are willing to pay and pollute the planet for.

  • @greenleafyman1028
    @greenleafyman1028 2 года назад +38

    It was really about overengineering. Cars that was cheaply made could become expensive when added with so much complicated electronics. I really like the idea of Citroen 2CV, soft suspension, spacious, reasonable weight, very fuel efficient and most of all, no unneccessary electronics on it which make it cheaper, just a car you need to travel. Sadly, looks and convenience are always the king in the eyes of majority consumers.

    • @iluvcamaros1912
      @iluvcamaros1912 Год назад +2

      I agree but I dunno if you'd want to share the road with Chevy Tahoes as a Citroen 2CV driver.

    • @ganymedehedgehog371
      @ganymedehedgehog371 Год назад

      When someone spends thousands they do usually want more than just utility out of a long term asset they’ll be spend a lot of time with.

  • @dozyfantastic4579
    @dozyfantastic4579 4 года назад +408

    “Lucking for consumers, cars last longer than they used to” biggest lie I’ve heard. My 20 year old Honda prelude is running better than a 2016 Chevy sonic I used to have. Cars nowadays are made with more plastic than Kim Kardashian ass.

    • @MrDuncl
      @MrDuncl 4 года назад +8

      LOL. At least they don't go rusty. After I fixed it in 1996 the front valance of a friends 1984 Honda had more plastic filler than metal. The same car got scrapped at about 15 years old due to rust, despite running perfectly and having only 60000 miles on the clock. As the mechanic said "there is no metal left to weld onto".

    • @joaodasilva4734
      @joaodasilva4734 4 года назад +8

      True, i owe many cars right now, and the more reliable ones are the old ones, my newer ones my 2008 f 150, my 2011 mustang and my wives 2011toyota corolla are not so reliable, the quality sucks, interior, paint, mechanics, my 1991 5.0 works like a champ with almost 30 years an 200k plus and my wives tercel, 98, with 175k plus miles works great, it even has the original sparkplug coils in it and runs like a champ.

    • @kevinmendez9371
      @kevinmendez9371 4 года назад +4

      Thats a lot of plastic

    • @ricker024
      @ricker024 4 года назад +5

      Well when you stuff so much tech crap into a car it's more complicated... More complicated breaks more often.

    • @frequentlycynical642
      @frequentlycynical642 4 года назад +7

      Cars are MUCH better and more reliable than ever before. When I was a kid, our 1949 Studebaker was blowing blue oil smoke at 60,000 miles. When's the last time you've seen a smoking car?
      My 2000 Buick Regal GS still gets over 4,000 miles per quart, and most of that is a small leak. It has about 210,000 miles on it.

  • @chancellorasher9417
    @chancellorasher9417 4 года назад +1541

    It’s either buy used cars for 2-5 grand or buy 30k+ cars

    • @RubenTrucks
      @RubenTrucks 4 года назад +104

      You're absolutely right

    • @1310beth
      @1310beth 4 года назад +286

      Even many used cars are being sold for $10k-$15k. They call them "pre-owned" instead of "used" so they can charge an extra $5k.

    • @RubenTrucks
      @RubenTrucks 4 года назад +125

      I bought my car for $1000 on Facebook marketplace cash then put in $3000 in repairs. Now it gets me around

    • @corymatthews6778
      @corymatthews6778 4 года назад +19

      @@RubenTrucks same

    • @angelgjr1999
      @angelgjr1999 4 года назад +79

      For me the sweet spot is 5k for a car you plan on maintaining and driving for years, or a 1-2k car you need just to get to work and home for a while so you can save money.

  • @oscarorozcoorejel
    @oscarorozcoorejel 4 года назад +425

    And then they’re going to complain about how no one is buying their cars and why the industry is dying and blame it on us for not having enough money to buy the expensive cars

    • @sidneyvictorious3419
      @sidneyvictorious3419 4 года назад +20

      Yup absolutely correct

    • @Prototyp3m1nd
      @Prototyp3m1nd 4 года назад +23

      If only we'd stop buying so much avocado toast... ='(

    • @Zachery_
      @Zachery_ 4 года назад +3

      But not enough people buy manual transmission/ manual lock/ window cars with basic paint,
      you can’t have it both ways

    • @Zachery_
      @Zachery_ 4 года назад +5

      @@Prototyp3m1nd it’s not just that but also getting a car payment when you could drive a clunker
      Eating out when you have debt (aside from dollar menu and little caesars)
      Generally speaking Americans in general make poor financial decisions

    • @davidbeppler3032
      @davidbeppler3032 4 года назад +2

      Everyone is buying Teslas.

  • @Larry
    @Larry 3 года назад +30

    The thing is... Why buy a cheap new car, when you can buy a really nice/expensive car, USED for less?

    • @jamesle9851
      @jamesle9851 3 года назад +1

      Right I tell myself I can just pretend I’m living in the year of the car and I got it brand new 😂😂

    • @fustiancorduroy
      @fustiancorduroy 3 года назад

      You watch CNBC too??

    • @BayAreaRushHour
      @BayAreaRushHour 2 года назад

      Well a used luxury car is an endless money pit, that’s why they’re being sold for cheap to begin with. Reliable vehicles tend to keep value better.

  • @FredDogification
    @FredDogification 4 года назад +255

    To everyone buy expensive new cars, thank you! Please take care of and I will see you in a few years.

    • @xayer98
      @xayer98 3 года назад +24

      Facts lmao. Love a well kept hand-me-down that is only gonna depreciate in value but not quality if it's well taken care of

    • @gregoryeverson741
      @gregoryeverson741 3 года назад +9

      paid 18K for 2016 for fusion, fully loaded with 45K miles

    • @networth00
      @networth00 3 года назад +14

      @@gregoryeverson741 You overpaid big time. 45k miles on a Fusion and it's almost ready for an engine swap.

    • @kidd32888
      @kidd32888 3 года назад +6

      3-5 years used cars are almost new but way cheaper

    • @HoustonTexxas
      @HoustonTexxas 3 года назад +2

      Biggo FACTS!! 🤣

  • @quentinparker7404
    @quentinparker7404 4 года назад +726

    If you have a good reliable vehicle, then you are blessed. Drive it until the wheels fall off.😊👍

    • @carawestgate
      @carawestgate 4 года назад +37

      I agree! I have a 2008 F150 with 270,000 km on it and I wouldn't trade it for anything. I think a person can get attached to a good vehicle that treats them well.

    • @johne6081
      @johne6081 3 года назад +29

      Yup. I finally had to retire my 1996 Audi A4 Quattro last year after a short fried the power window wiring. I bought it new for $7K and drove it 13 years.

    • @derciobene3458
      @derciobene3458 3 года назад +32

      Until the engine blows up *. I'm not giving up on my 1998 Camry because of some faulty wheels.

    • @HoustonTexxas
      @HoustonTexxas 3 года назад +2

      💯🙌

    • @agalah408
      @agalah408 3 года назад +9

      My primary car since 1990 has been a 1985 Mitsubishi van - still going strong.

  • @anona1443
    @anona1443 4 года назад +163

    Used cars are good alternative for cheap cars. What we need is good long term parts availability mandated by law.

    • @oskarngo9138
      @oskarngo9138 4 года назад +6

      Where do you find good cheap used cars?....
      ....if we don’t trust dealers and
      ....don’t have rich relatives and
      ...can’t do basic car repairs (live in apartment)

    • @TheAmigoUser
      @TheAmigoUser 4 года назад +9

      @@oskarngo9138 Look on Craigslist. Also stick to Toyota and Honda, even if they are higher mileage they will definitely last a while

    • @starandfox601
      @starandfox601 4 года назад +7

      Learn how to inspect a car and get a code reader.

    • @Bzking23
      @Bzking23 4 года назад +3

      @@TheAmigoUser The Craigslist used car scene has moved to Facebook Marketplace ever since they started charging for car ads. Not sure if they still do it now though.

    • @ft9kop
      @ft9kop 4 года назад

      WalMart.com sells car parts. I bought Denso ignition coils for my acura recent for $40 each

  • @axelvetter
    @axelvetter 3 года назад +74

    It wasn't mentioned that higher emission and safety standards also mean higher costs. Therefore here in Europe car manufacturers phase out many engine options and sometimes the whole car. One prominent example was the new Suzuki Jimny. Everyone wanted one but sales stopped after just one year as upgrading the engine would have been too expensive for such an affordable vehicle.

  • @piobmhor8529
    @piobmhor8529 3 года назад +939

    I’ve always bought used, and usually paid cash for them. I suppose you could call me cheap, but I just couldn’t bear to part with the amount of money they want for new vehicles. A car has never been a status symbol for me but rather a utility. Guess I’m a dying breed.

    • @kidd32888
      @kidd32888 3 года назад +176

      I like to call you smart if you don't mind

    • @stanwolenski9541
      @stanwolenski9541 3 года назад +45

      Utility is what I look for in a work truck. Three years ago purchased a 10 year old Chevy Silverado with 19,000 miles on it. It was a US government vehicle used on a military reservation. Being a government vehicle all the required maintenance was done at the suggested intervals. I change oil and rotate tires and follow all other maintenance as shown in the car’s manual, I expect it to last another 10 years. BTW, I average around 23,000 per year, so in 1 year I drive more than the truck’s first 10 years in service.

    • @NutsNBerries
      @NutsNBerries 3 года назад +13

      Indeed....same here

    • @jayg1438
      @jayg1438 3 года назад +29

      Ditto, bought a 1 year old 2016 Fusion. It was a rental for 1 year, had 35k miles on it. Got it for half price ($16,750), fully loaded Titanium. 3.5 yrs later its paid off, has 63k miles and should be good for 140k more, debt free miles. Shame Ford has cancelled them.

    • @Anthony-qj7qe
      @Anthony-qj7qe 3 года назад +35

      No you're a smart guy who doesn't live beyond his means... on credit! 👍

  • @333panda
    @333panda 3 года назад +494

    this is why id keep my "cheap" car with over 180k miles rather than buy a newer one because the prices now are ridiculous

    • @iwan-wr7gn
      @iwan-wr7gn 3 года назад +23

      @dragon I have an old golf. Last week I took the entire suspension apart and rebuild it, it drives as new and has 180k miles on it. If I want extra usb ports or leather heated seats I will just build it in. The car is 20years old and does look old, but idc it drives great and I got it for free. It only cost me 200dollar to fix it

    • @MrShitthead
      @MrShitthead 3 года назад +18

      Our market is being driven up by morons who are addicted to debt. No one with a functioning brain should be going 84 months on a car, or pay $2k on a phone they plan to only keep for 2 years….
      But, thanks to the endless supply of mouth breathers who use credit cards and lax financing to spend 50% more than what they make, the market is happy to oblige and keep driving the prices up because they know there’ll always be these morons around to keep pumping money from.
      And then these idiots are the same who cry about how they can’t afford houses and how the government should bail them out of their “unfair” debt.

    • @dawnp1569
      @dawnp1569 3 года назад +9

      Yea I’ll keep my 240k mile Toyota Camry till the wheels fall of. I can afford a new car but to cheap to pay $500+ been spending my money on precious metals.

    • @princeo15
      @princeo15 3 года назад +3

      @@iwan-wr7gn nothing matters as long as we feel great in it.. I own a FORD FIGO 2010 indian model

    • @megatronshmurda9393
      @megatronshmurda9393 3 года назад +1

      @@MrShitthead We’re here for a good time not a long time, I’d rather die owing somebody money and getting what I like, then being a reasonable person who makes reasonable purchases🤣😂😂

  • @blackmesa232323
    @blackmesa232323 4 года назад +1058

    Inflation due to people who shouldn't have access to big loans buying more car than they can afford. Same thing happened with houses.

    • @Sevisstillalive
      @Sevisstillalive 4 года назад +53

      exactly why i bought a elantra. Already paid off. 15 bucks gets me 300 miles and I put my own system in it.

    • @codak29
      @codak29 4 года назад +40

      CNBC comments are always filled with classist conservatives banging the personal responsibility drum.
      "When are these proles going to learn to buy something they can't afford?"

    • @Ice_Solid
      @Ice_Solid 4 года назад +10

      @@Sevisstillalive I hate my my Elantra but hey it only took 9 months to pay it off. At least I can add my touched to it. $15 for 300 miles. I guess that is the difference of $3/gal.

    • @joaomarques7825
      @joaomarques7825 4 года назад +12

      @T_ C he used the wrong words he is talking about loan
      interest rates being too low , specially because FED and other central bank of issue

    • @bbishopski
      @bbishopski 4 года назад +4

      Was going to say same thing. Right on. Like you said, same with housing.

  • @rscott2247
    @rscott2247 3 года назад +27

    I remember back in 70's & 80's there were a lot of Honda Civics, Toyota Tercels, VW Rabbits, Mazda 323's on the roads and were great, small econo boxes !

    • @users4007
      @users4007 2 года назад +4

      It’s a shame that they don’t make cool econoboxes anymore, most of the newer economy cars looks and drives very boring

    • @LassieFarm
      @LassieFarm 2 года назад

      Rabbit was my 1st car. Was excellent

    • @colechapman6976
      @colechapman6976 Год назад

      And I bet they were all deathtraps on the road. It is better to get a newish car that will have safety features like seatbelts, crumple zones, and side airbags, than not getting those features. Chances are nearly every driver will be in an accident. The medical bills accrued from that accident will cost more than buying a newer car from the past ten years. Especially if you are a part of the 28 million Americans who have no insurance according to the 2020 Census

    • @LassieFarm
      @LassieFarm Год назад

      @@colechapman6976 yep Millennials are scared of their own shadow.

    • @colechapman6976
      @colechapman6976 Год назад

      @@LassieFarm Real genius take there. All of a sudden not wanting to die in a car accident in a 30-year-old econobox with zero safety tech is seen as being too scared

  • @Memento-_-Mori-_-982
    @Memento-_-Mori-_-982 4 года назад +210

    I'm 38, and I haven't owned a brand new car yet. I find it that I get more value when I purchase a few years used with more options for less than half the price than getting a brand new one with the latest options.

    • @btw-3006
      @btw-3006 4 года назад +31

      Yeah and at the end of the day, the purpose of a car is to get you from point A to point B. They aren't assets that appreciate in value like stocks or real estate.

    • @michaelriebandt6754
      @michaelriebandt6754 4 года назад +4

      I purchased a 2019 Jeep Cherokee 4X4 Overland, came off lease saved over 10,000 dollars, had 9,000 miles, lot of technology on jeep,
      First SUV I ever bought always drive a car, sold 2003 Chrysler 300m had 125,000 miles. Very reliable car, but more of performance vehicle not good in winter.
      My Wife did not want SUV, but car good in winter weather But not large car, so I purchased 2016 Chrysler 200C AWD, I saved well over 20,000 dollars on that car only had 16,000 miles, came off lease 2 years ago, it was disconnected in 2017.
      Very good in winter weather.

    • @ulipeterson6112
      @ulipeterson6112 4 года назад +1

      True.

    • @jaymorrison2419
      @jaymorrison2419 4 года назад +2

      Yep. I traded up to a top trim Taurus SHO last year, and at 3 years old it’s the newest car I have ever owned in 22 years of car buying. I can’t even remotely afford to buy a new car I’m the class that I want, and it’s becoming a pointless effort, and full sized 4 door cars are apparently a dead breed.
      Next car might have to be a Mustang...

    • @randomrazr
      @randomrazr 4 года назад +3

      does it bother u if someone had sexin the back seat in said used car?

  • @chrisdalpetz2284
    @chrisdalpetz2284 3 года назад +278

    Getting a radio was an option back in the day

    • @my3dviews
      @my3dviews 3 года назад +8

      And often just an AM radio.

    • @nodak81
      @nodak81 3 года назад +10

      Not that long ago either, the radio was an option on my 2003 Kia Rio. So was power steering.

    • @Puzzoozoo
      @Puzzoozoo 3 года назад +6

      And electric windows were restricted to expensive cars

    • @drrobotnik2746
      @drrobotnik2746 3 года назад +1

      I just love my Mercedes w126 from 1989. It's so simple, it's not like cars today with electronic stuff overload.

    • @lisamccray9079
      @lisamccray9079 2 года назад +1

      Now the newer 🚗 cars don't have the c.d player

  • @2quick2come
    @2quick2come 4 года назад +1222

    I didn't think 20 grand for a car was cheap. My bad.

    • @montyi8
      @montyi8 4 года назад +81

      Car industry mind conditioning-Cars below 20k are cheap. So one's cheap if he buys that, so indirectly forcing him to buy more expensive ones.

    • @stinger15au
      @stinger15au 4 года назад +47

      You do get a lot more for your money than you used too.
      20k today for a new car gets everything you NEED in a car.
      20 years ago, the equivalent was 13k, for that you got a car that still needed air con, power windows, abs, airbags etc as options if those things were available at all.
      For a brand new car with warranty and zero miles, 20k is very reasonable

    • @Argedis
      @Argedis 4 года назад +132

      @@stinger15au That's assuming wages have kept up with inflation - which it has not

    • @foxesamu
      @foxesamu 4 года назад +6

      @@Argedis right but car prices haven’t risen that much either

    • @Argedis
      @Argedis 4 года назад +127

      @@foxesamu You don't think so? In 2004 the Toyota Tacoma started at $12,460. Today it starts at $26,250. That's more than double. Does power windows and a backup camera justify the difference?

  • @katerinagiron9428
    @katerinagiron9428 3 года назад +28

    I love my 2013 Hyundai Sonata Hybrid car. $14,000 with 66,000 miles was really good to me. It's been nice to fill up the tank 2 times a month vs when my bf and I had a 1999 Ford expedition. With the 1999 Ford expedition we would spend $70 to fill up the tank and only last 4-5 day. We don't miss that at all!

    • @El_K_Bron_Del_Moycas
      @El_K_Bron_Del_Moycas 3 года назад

      Maybe the Ford Expedition wasn't suited for your needs. I know $70.00 USD is a lot compared to a Hybrid Sonata, but that sedan can't fit 7 people comfortably with their luggage, it might be only FWD and will require a very expensive battery cell replacement in 4 or 5 years which would cost pretty much the value of the car at that time.
      It is my belief that in the end, including maintenance, the cost of owning a Ford Expedition would end up being equal or less while allowing more people and their luggage to travel more comfortably.
      I think it's all about getting the right vehicle for your specific needs.

    • @jml9550
      @jml9550 3 года назад +2

      The Sonata Hybrid is a good car. Just buy what you need. I have never spend more than 25% of my annual salary on a car and I properly maintain my car so it last more than 10 years.

    • @El_K_Bron_Del_Moycas
      @El_K_Bron_Del_Moycas 3 года назад

      @@jml9550 Exactly! Thanks for taking good care of your car.

    • @colechapman6976
      @colechapman6976 Год назад

      @@jml9550 same here. I always buy my cars in full and keep them for 5-6 years. I bought a car in college and I still have it. I properly maintain it and treat it well because I prepared a rainy day fund for it rather than stretching to get a fancier newer model. If more people were financially prudent about cars then they would have savings and we would not be 1.5 trillion dollars in auto loan debt

    • @jml9550
      @jml9550 Год назад +1

      @@colechapman6976 smart moves. Same here, we always have the habit of saving money for car repair/new car fund. Also as a home owner, we also set aside money for repair/upkeeps. Bottom line is spend less than what we make and never compare ourselves to anyone.

  • @Itsallgoodtogo
    @Itsallgoodtogo 4 года назад +287

    TL;DR: They make them cheap, we are just stupid enough to pay more.

    • @apocalypse487
      @apocalypse487 4 года назад +16

      It's that stupid Apple buyer mentality.

    • @trafficjam.
      @trafficjam. 4 года назад +2

      pay more for stuff we dont need... like the indicator light on the sideview mirror

    • @xenotiic8356
      @xenotiic8356 4 года назад +1

      We aren't stupid enough to pay more, they have price gouged us and tricked us into paying more.

  • @gunjeetsingh90
    @gunjeetsingh90 3 года назад +1065

    Every CNBC video : Instead of giving you a short answer, lets first take you back 10 million years to how the universe was created

    • @allergyahead8128
      @allergyahead8128 3 года назад +21

      Ha ha I was thinking the same thing Whats with the Henry Ford story BS get the the stupid point of this story.

    • @retroguy9494
      @retroguy9494 3 года назад +27

      @@allergyahead8128 I can answer that question for you dude. Henry Ford revolutionized the car market and changed the country by telling his investors "I'm not interested in building less cars for more money for fewer people. I'm interested in building MORE cars for LESS money for MORE people." See, until Ford, cars were very expensive and only for the wealthy. But with his assembly line production, 8 hour work shift and 24 hour production, cars became cheap and affordable for most people. How it relates to THIS story is that we are actually going backwards in this country now. Less and less people can afford a new car.

    • @capmidnite
      @capmidnite 3 года назад +3

      @@retroguy9494 Except Ford's competitors figured out after getting that first cheap car, consumers wanted to upgrade to the next shiny thing. GM practically invented planned obsolesence.

    • @olbradley
      @olbradley 3 года назад +10

      Because that's how history works. The vast majority of things are caused by decades, centuries or thousands of years of history. Stop complaining that you don't have the attention span to listen to a 10 minute video about cars.

    • @capmidnite
      @capmidnite 3 года назад +4

      @@olbradley No one is obliged to listen to a 10 minute video about anything. I click away from any video that takes 10 to 20 minutes to answer something that can be explained in 1 minute. In fact, with this particular video I went straight to the comments section for the baby without the 9 months.

  • @thelead1565
    @thelead1565 4 года назад +1615

    Cheap cars are in abundance, they’re known as Used.

    • @aaroncabello8221
      @aaroncabello8221 3 года назад +94

      I've seen used cars that are more expensive than new cars despite having 90k-100k miles on them

    • @wturner777
      @wturner777 3 года назад +58

      @@aaroncabello8221 That's where Kelley Blue Book and Edmunds come in play. To keep consumers from paying more than they should.

    • @aitorbleda8267
      @aitorbleda8267 3 года назад +2

      @@wturner777 Rather to overpay?

    • @nghtwtchmn129
      @nghtwtchmn129 3 года назад +84

      Always let someone else pay for the first year's depreciation on your cars.

    • @wturner777
      @wturner777 3 года назад +9

      @@nghtwtchmn129 Exactly, so others don't have to.

  • @lillywitmer1277
    @lillywitmer1277 2 года назад +21

    What I miss the most is common affordable 2 doors. Fun for a low price, it’s so sad. Props to the BRZ and 86 though

    • @autofigure00
      @autofigure00 Год назад +3

      Miata is always the answer

    • @nickscope27
      @nickscope27 Год назад

      @@autofigure00buy a last gen gt, ss, or other v8s

    • @autofigure00
      @autofigure00 Год назад +2

      @@nickscope27 Those are not my types of car. Id rather have amazing handling / fun normal commutes than a high HP engine, high HP is kind of pointless where I live. Plus those cars are way more expensive than the Miata, no way in hell Id buy one of those given other cheaper options.

  • @dawnjohnson1965
    @dawnjohnson1965 4 года назад +676

    "We know, that's why we aren't buying them"-Millennials

    • @theshield1613
      @theshield1613 4 года назад +48

      Not worth it ,more electrical more problems.

    • @Stephen-re4oy
      @Stephen-re4oy 4 года назад +62

      Better for the environment to buy used cars anyway. The real key is old luxury cars at the bottom of their depreciation curve if you can work on them yourself.

    • @eplanti
      @eplanti 4 года назад +24

      @@Stephen-re4oy hehe, you can also call a dealership and just ask what banks are setting the prices of cars at, seriously... i got a 2 yr old car for about 14k usd and just 38k miles, because the bank had determined the car was only worth the blue book value

    • @BlueManRedManYellow
      @BlueManRedManYellow 4 года назад

      @@eplanti Sounds like something I need to try. Although, if it's the same bank that works with the dealership to finance you, they will still get you on fees and higher rates.

    • @brittneytrine6325
      @brittneytrine6325 4 года назад +1

      @@eplanti thanks for the tip! I will try this when I go car shopping.

  • @SJHFoto
    @SJHFoto 4 года назад +349

    My first and only new car was a 1997 Honda Civic that I bought at 20 years old. Now, my '97 Civic approaches 400,000 miles!

    • @JamesCook76131
      @JamesCook76131 4 года назад +13

      Can’t put a price on new safety features though.

    • @roberte.andrews4621
      @roberte.andrews4621 4 года назад +23

      My brother's 1986 Honda Accord, at last count, has more than 600,000 miles on it and is owned by my nephew and his wife. I bought a 1997 Lexus LS400 that was developed by Toyota at a cost of $1 billion. One just like it recorded over 1 million miles with no repairs to engine or transmission - aside from periodical things like plugs, filters and timing belts. I paid $1,700 for a two-owner with 183,000 miles on it and it runs better than any new cars, including Hondas, that I have owned in the 80s and 90s. It will be my last, and greatest, car. F.H. Royce said, "The best is cheapest in the end. The quality will remain, long after the price is forgotten."

    • @JamesCook76131
      @JamesCook76131 4 года назад +7

      @entItyVR lol show me crash test ratings from the 70’s I’ll wait. Today’s cars are much safer in that regard, and also with preventive measures like stoping cars much quicker than human reaction.

    • @danielt.3152
      @danielt.3152 4 года назад +7

      Nice job on the 400K miles. You deserve a mileage award from Honda!

    • @SJHFoto
      @SJHFoto 4 года назад +1

      @@danielt.3152 Thanks

  • @spacecadet35
    @spacecadet35 3 года назад +836

    Being an engineer, I look at the many, many systems in a new car and wonder how many of them will still be working in ten years time.

    • @DaiwaMaster
      @DaiwaMaster 3 года назад +99

      "... he said, glancing at the new Land Rover."

    • @d.s7741
      @d.s7741 3 года назад +61

      as an engineer (i'm a former tech) let's sit down and joke about self-driving vehicles, shall we?

    • @1Reddd
      @1Reddd 3 года назад +80

      You’d be surprised. If it’s a Lexus you can guarantee 95% of it will still work. A BMW or Mercedes on the other hand, maybe not.

    • @MicePlayMCGaming
      @MicePlayMCGaming 3 года назад +21

      If ford's 10 speed autos and GM's electronics have anything to say, they wont be working in ten years time lmao

    • @marclaprise2945
      @marclaprise2945 3 года назад +19

      Cheap metal and plastic (aluminum recycled beer can on wheels).

  • @viktoly2499
    @viktoly2499 3 года назад +24

    Every time I watch there car videos where "most consumers" are mentioned wanting something, the less I feel like belonging to that group. I consider buying a new car a bit insane since you waste so much money due to the devaluation the car goes through during it early part of life. At the same time I'm glad someone DOES buy new cars because without them I might have to waste my money and pay for the "expensive kilometers".
    Second thing I always wonder is why people take loans to finance a new car. It's like accepting the stress of horrible devaluation AND extra you have to pay for the interest.

    • @angrydragonslayer
      @angrydragonslayer 2 года назад

      When "most consumers" are mentioned, these usually refer to focus groups or some other kind of statistic generation.
      Depending on the result desired by the company, the study will reach a conclusion and no peer review will be done. I have seen such studies where the teams started filtering with 50k+ replies and ended at

    • @mattgoettl6796
      @mattgoettl6796 2 года назад +1

      most people take loans to finance a new car because saving up 20-30 thousand dollars is not a realistic proposition.

  • @allen2zulu
    @allen2zulu 4 года назад +272

    The wealthiest companies are always saying margins are razor thin, then pay executives and shareholders millions.

    • @Vairlocom
      @Vairlocom 4 года назад +3

      They never say its razor thin. If you listen to earnings calls, they are always trying to increase the margins.

    • @rs72098
      @rs72098 4 года назад +13

      Exactly Uber says the same about the drivers. Somehow they still manage to bring in millions to their CEOs and executives and then claim they have losses due to driver pay.

    • @Vairlocom
      @Vairlocom 4 года назад +7

      @@rs72098 their margins are thin after taking account of expenses which includes salaries

    • @flakgun153
      @flakgun153 4 года назад +2

      @@rs72098 Executives are just employees. Uber's CEO gets a few million a year. Uber loses 3 billion a year.
      Executives get good pay because they're important and good executives are very rare.

    • @cable30
      @cable30 4 года назад +1

      It all just corp greed or am i wrong ? lol.

  • @Solidsnake0208
    @Solidsnake0208 4 года назад +491

    Scotty Kilmer will still be driving his ‘94 Celica in 2041 😂

    • @kinnyboy
      @kinnyboy 4 года назад +14

      Facts. He’s already looking for a kit to make it electric 😂

    • @DoubleD8056
      @DoubleD8056 4 года назад +5

      Hey guys! Chrisfix here!

    • @reyestorres6496
      @reyestorres6496 3 года назад +8

      Scotty is awesome 🙌🚗😎

    • @Hmmm-Interesting21
      @Hmmm-Interesting21 3 года назад +5

      Literally dude. But I mean I do prefer the idea of rebuilding my engine for my 98 4runner than getting an overpriced car.

    • @Solidsnake0208
      @Solidsnake0208 3 года назад +2

      hmmm interesting keep the oil clean and you shouldn’t need to rebuild it

  • @michaelscott7706
    @michaelscott7706 4 года назад +348

    Buy used. You can always get a warranty with a used car as well. I will never buy a new car ever again especially here in New York.

    • @eman0828
      @eman0828 4 года назад +29

      Or just buy a Toyota and not worry about a warranty and a car breaking down all the time.

    • @braetonwilson4296
      @braetonwilson4296 4 года назад +17

      @Hayley Miller yeah but the Tacoma is made in Mexico. You should have bought a 2021 Corolla made in the USA/Japan.

    • @MrDuncl
      @MrDuncl 4 года назад +2

      11:11 Here in Europe manufacturers seem to have finally sorted out rust proofing. Back in the 1980s it was common for cars to be rust buckets once they were over five years old. My 8 year old Ford Escort certainly was a just year after buying it in 1981. Cheap cars are still being sold. People in the USA should look up Dacia to see what is available here.

    • @JiMBERLY
      @JiMBERLY 4 года назад +2

      People just need to lease. Cars depreciate. They start to get more issues after 3-5 years. You get a new car every 3-4 years depending on how long your lease is. All basically still covered under manufacture warranty within that lease timeframe. People just want to say the car is theirs, but not want to deal with the money they’ll have to put into it with repairs.

    • @stinger15au
      @stinger15au 4 года назад +6

      There is one major problem with the buying used mantra.
      Obviously if people are not in a position to buy a new car they shouldn't.
      But if no one bought new cars....there would be no used cars to buy in a few years at anything resembling reasonable prices.

  • @djbeazy
    @djbeazy Год назад +2

    Get rid of dealerships and sell straight to customer would be best. If not, Americans stop buying and prices drop.

  • @fredh8065
    @fredh8065 4 года назад +588

    Cheap cars arent gone, they just went up in prices.

    • @bryanbohlken7653
      @bryanbohlken7653 4 года назад +11

      You had better be getting raises at work every year because the dollar has lost so much value. Not only cars have gone up in price, just about everything else besides electronics have gone up year over year. When you create money out of thin air and send everyone a Covid-19 check, prices of things are going to go through the roof!

    • @_rtx_
      @_rtx_ 4 года назад

      @@Dan0TheMano dollar?? They are getting expensive in my country too

    • @_rtx_
      @_rtx_ 4 года назад +1

      @@Dan0TheMano well yea :(

    • @fraided88
      @fraided88 4 года назад +6

      USD has lost value, covid pandemic made used car prices go up. Almost everything went up in price this year IE. tech.

    • @youngsol309
      @youngsol309 4 года назад

      So basically what you're saying they are gone 🤣

  • @neaorin
    @neaorin 4 года назад +334

    The car manufacturers have somehow convinced you that taking on seven or eight-year loans to buy a rapidly depreciating asset is a good idea.
    If you have to stretch a car loan past four years to make it work, you can't afford that car.

    • @JoseFlores-xh5cj
      @JoseFlores-xh5cj 4 года назад +57

      Calling a car an "asset" should be illegal, I consider it to be a liability.

    • @orangeVSappel
      @orangeVSappel 4 года назад +18

      Exactly! I would even say three years should be max for most people.

    • @matthew9677
      @matthew9677 4 года назад +5

      Post major car manufacturers have their own financial department and are putting the loans out themselves now. Of course I think it's a good idea!

    • @dallasgurl1989
      @dallasgurl1989 4 года назад +12

      i have a 7 year note on a “cheap car” i like the flexibility of having such a cheap note that i have been paying way over the monthly and it will get paid off earlier.. and during times when i need to focus on other bills like xmas i will be months ahead so i don’t have to pay anything..i know i’m not the norm but i like it...and my car is under warranty so i don’t have to worry about nothing for a couple of years...just a different perspective

    • @neaorin
      @neaorin 4 года назад +7

      @@dallasgurl1989 right, but you could've made the monthly payment on a 4-year loan - you just chose not to. I was referring to people who are stretching the loan because they can't afford the monthly on a shorter term loan for the same car. And the dealers are telling them that's a great thing to do.

  • @pollo5250
    @pollo5250 4 года назад +521

    Comment section is a better analysis than this video

    • @PristinePerceptions
      @PristinePerceptions 4 года назад +37

      It always is. CNBC has a habit of making a 10 minute video exploring the question, without attempting to analyze the reasons and come to a conclusion. The "why" is always left unanswered.

    • @Racko.
      @Racko. 4 года назад +3

      @@PristinePerceptions exactly

    • @JohnDoe-vh4rt
      @JohnDoe-vh4rt 4 года назад +14

      CNBC spends their budget on the b-roll footage and editing and skimps on the analysis.
      How can they not discuss low interest rates and easy credit allowing people to spend more?

    • @storyteller1749
      @storyteller1749 4 года назад +6

      That's because the producers live on paper. And they really do think that everyone will believe them in spite of what their own eyes tell them on a day to day basis. This is what a college education does to some people. This also seems to be the problem with our "elected officials". They don't live in the real world with the rest of us either.

    • @pamacons
      @pamacons 4 года назад +8

      @@PristinePerceptions as well as ignoring a basic economic principle called inflation. If you’re going to define a cheep car as under a certain price logically over time there will be fewer cars in that price point

  • @laikanbarth
    @laikanbarth 3 года назад +37

    Some young folks won’t drive a certain kind of car. It was the same way when I was young so that hasn’t changed. My first car was a rusty, blue, Nova with duct tape holding it together. I paid $300.00 cash for it. It was my freedom and I drove it everywhere. I got two jobs and eventually bought a better used car. My sister thought my car was “embarrassing” and she “wouldn’t be caught dead in that car.” Guess what?? She sit her ass at home and I had the time of my life driving around with my friends!!

    • @NazriB
      @NazriB Год назад

      Lies again? Expensive Car Ezlink Card

  • @aliadeeb6859
    @aliadeeb6859 4 года назад +90

    That scared me about 6-7 year loans making up 60% of the market.

    • @aliadeeb6859
      @aliadeeb6859 4 года назад +18

      @Diana Prince Who can resist a lamborghini for $25/month for 50 years lol

    • @-darrell
      @-darrell 4 года назад +6

      @@aliadeeb6859 A lambo would be 25/month for 500 years ;)

    • @googlemail4241
      @googlemail4241 4 года назад +1

      Ya think? On inherently depreciating assets?

    • @aquarius9491
      @aquarius9491 4 года назад

      @@aliadeeb6859 $15,000 Lambo is it a "Salvage" ???

    • @aliadeeb6859
      @aliadeeb6859 4 года назад +1

      @@aquarius9491 haha guess I didn't do the math

  • @LivingtheDRdream
    @LivingtheDRdream 4 года назад +507

    Just buy a 3 years used car and save like 40%

    • @TheTaquitoProject
      @TheTaquitoProject 4 года назад +60

      I think that's a big part of why cars are getting more expensive. People who want to buy a cheap car get a used one.

    • @montyi8
      @montyi8 4 года назад +16

      @@TheTaquitoProject interesting, there should be a comparison for that. Used car sales vs cheap New cars sales correlation

    • @fynkozari9271
      @fynkozari9271 4 года назад +3

      But I dont wanna have car trouble in the middle of nowhere, stuck in a forest with a used car. New cars wont break.

    • @JungSooLeee
      @JungSooLeee 4 года назад +64

      @@fynkozari9271 Wrong. Friend of mine bought a brand new car. I bought a used 10 year old Toyota. Guess who's had more car problems? Not me.

    • @eman0828
      @eman0828 4 года назад +30

      I drive a 14 year old Toyota Camry SE. I don't spend no more than 7k grand on a car. I bought the Camry fe little as $4k. Toyota's and Hondas are the best used cars to buy and keep them for decades as long as you keep them well maintained. Scotty Kilmer still drives his 94 Celica.

  • @nuarius
    @nuarius 4 года назад +204

    "Raise car prices = lose customers = blame it millennials" really does summarize this video perfectly

    • @TopFlightSecurity415
      @TopFlightSecurity415 3 года назад +2

      thats with everything... every industry thats struggling we millennials get blamed, yet they wont even bring up the fact that we cant afford a lot of things due to greedy employers and inflation

  • @HBMPaladin
    @HBMPaladin 3 года назад +16

    3:01 what they meant is pay executives a lot, and give peanuts to the workers.

    • @7zerozerozero
      @7zerozerozero 3 года назад

      My thoughts exactly lmao. What it costs them to _overpay_ executives

    • @mikea5745
      @mikea5745 Год назад

      At least there were explicit is separating out executives and workers. Let's be realistic, executives aren't doing much real work

  • @TLM860
    @TLM860 4 года назад +337

    We can all keep driving our 95 camrys forever guys!👍

    • @pod9363
      @pod9363 4 года назад +13

      And then just pay for an engine and trans rebuild in a decade lolol

    • @P7777-u7r
      @P7777-u7r 4 года назад +2

      Pod
      Would probably be cheaper than getting a car payment

    • @pod9363
      @pod9363 4 года назад +1

      @@P7777-u7r true.

    • @pod9363
      @pod9363 4 года назад +1

      @@P7777-u7r Actually pff probably cheaper to have a low mileage engine/trans throw in instead of a rebuild

    • @ernesttanare862
      @ernesttanare862 4 года назад +4

      I love my 2005 Toyoto Echo and it's a stick shift. I bought it cheap in 2017 and the mileage was only 90,000 miles. I am very lucky

  • @rohitmurthy9666
    @rohitmurthy9666 4 года назад +272

    Cheap cars are disappearing..(but only in the US)

    • @JonathanVaucher
      @JonathanVaucher 4 года назад +3

      Good, so I won't buy american.

    • @ddelimar
      @ddelimar 4 года назад +23

      Exactly, I thought this was a bit too much US centric. Like US is the whole world.

    • @andrewthomas5458
      @andrewthomas5458 4 года назад +3

      100% true.

    • @googlemail4241
      @googlemail4241 4 года назад +4

      @@ddelimar >=75% of US college graduates arent functionally literate when it comes to a short non technical document and yet anybody in the world thinks they have any ability to have basic object permanence or awareness of anything else in the world. Its flat btw as stated by god per the bible or something. Anyways humans gonna human.

    • @olliegoria
      @olliegoria 4 года назад +6

      @entItyVR So it's a North American problem then

  • @id10t98
    @id10t98 4 года назад +558

    I was raised to believe "If you cant pay cash for the car you want, you cant afford it".

    • @miaugato93
      @miaugato93 4 года назад +24

      True, that's why i haven't and probably will never have 0km cars. My car is a 2002 VW Polo and I don't even feel the need to exchange it, I've been in 6 month old 250km rental Peugeots that felt worse than it. Sure, the interior has seen better days and the paint is faded, but that's fixable. Got my AC, got a 100€ head unit from Sony that has bluetooth and usb, got my power steering, central locking, abs and ebd, power windows, and that's what i really need.

    • @AggroJordan86
      @AggroJordan86 4 года назад +4

      @@miaugato93 have exactly the same car with the small 40kw 3 cylinder engine and I have 248.000 km on it. Won't drive anything else until I have kids and need more space!

    • @miaugato93
      @miaugato93 4 года назад +2

      @@AggroJordan86 Nice! Mine is the 48kw one with 185.000km on it. Plan to restore it back to glory as it does look a bit like a shed right now. But by god does it drive nice, quiet and comfortable inside, and has almost everything i want in a car, and that's because it doesn't have the L/100km readout.

    • @Daniel-ii6rq
      @Daniel-ii6rq 4 года назад +22

      Well that’s stupid because you can finance a car

    • @VHale-yz7hc
      @VHale-yz7hc 4 года назад +13

      Wow lucky you.

  • @trekkienzl2862
    @trekkienzl2862 Год назад +10

    Here in New Zealand and in Australia, Chinese car brands like Chery and Geely are actively competing with the used car market by selling, cheap, brand new cars for $12,000 or less.
    I would have considered buying a Chery car but due to the fact Chinese cars are still fairly new to the Western market, there's not enough spare parts for them to go around just yet.

    • @PikaQPika
      @PikaQPika Год назад +1

      I would not trust a car made in china 😂

    • @TheKenzhang
      @TheKenzhang Год назад +1

      The quality of chinese Auto has greatly improved recently. Both.Chery and Geely are very reliable at this moment.

    • @DavidSeto-i2q
      @DavidSeto-i2q Год назад

      The price is so low it is not a big gamble.

  • @ArthurBrinkman-c5z
    @ArthurBrinkman-c5z 3 года назад +87

    I've always found that buying a 4 year old pre-owned car can get me a lot more car for a lot less money. Let the first owner take the hit on the depreation on buying it new. The depreciation on a hi end car is outrageous!
    At four years old I saved thousands of dollars and still have a dependable low mileage vehicle that I can drive for many years to come.

    • @davewilson7602
      @davewilson7602 Год назад +9

      That’s the move. I can either get a decent car for 30k, or a really nice 3 year old one (certified) for 25-30 that was originally 45-50
      Much better deal

    • @mrjuvy49
      @mrjuvy49 Год назад +2

      That's exactly what we did on our last 2 cars, bought one in NC and the other in S. CA. Find the deals outside of your natural market, Just bought a T-bird in Portland, we live in Vegas.

    • @samplautz5586
      @samplautz5586 Год назад +1

      That’s what people who are good with money do. But at least a 4 year old car. I keep it around 6, but 4 is plenty fine

    • @leaningtower73
      @leaningtower73 11 месяцев назад

      Not 4 but 2 to 3 year old low milage cars are my recent purchases. In 2023 I got a 2021 BMW X3 XDrive 4X4 for way less money than a brand new X3.
      I also just purchased a 2021 Mercedes B Class for my sweet half.
      Both in excellent condition, low milage and officially certified by BMW and Mercedes.

  • @windwalker5765
    @windwalker5765 4 года назад +968

    Cheap cars still exist, they're called USED CARS.

    • @neutrino09
      @neutrino09 4 года назад +23

      The average consumer doesn’t have 15 thousand sitting around...which today buys about a 3-5 year old car. Due to the cost of borrowing being higher the older the vehicle is it can often “cost” less to borrow on the newer vehicle, which is how salespeople earn their living. Understanding money and loans should be taught but most people don’t save or understand money.

    • @SevenRiderAirForce
      @SevenRiderAirForce 4 года назад +70

      ​@@neutrino09 The average consumer should never finance a car in the first place.

    • @SaintNyx
      @SaintNyx 4 года назад +75

      @@neutrino09 a $5,000 car will serve you just as well as a $15,000 one.

    • @neutrino09
      @neutrino09 4 года назад +7

      @@SaintNyx many people have nothing saved and buy on credit. I didn’t say it wise or that I did it. I was pointing out how the problem happens. Thanks for implying I’m ignorant though..... enjoy your day

    • @neutrino09
      @neutrino09 4 года назад +28

      @@SevenRiderAirForce agreed 100%. I save for everything I buy. Credit is the demise of many and increases the cost of everything. Shame we don’t teach money, debt and credit in school.

  • @MisterFakeGinger
    @MisterFakeGinger 3 года назад +56

    in 2017, I bought a 2015 Nissan Versa-Note with 35k miles for $10k. Payments were only $175 a month, and decided to pay it off in full in 2019. Now it only has 64k miles and its runs like a champ! So nice not having a car payment each month. I feel for those who spend $300+ a month on a brand new car.

    • @joeking433
      @joeking433 2 года назад +1

      Get a job and you can buy a nice car.

    • @CreoleQ393
      @CreoleQ393 2 года назад +12

      @@joeking433 what does that have anything to do with what he said. There are people that I know that have a job and still have to walk to work. You can have a job and still can barley or can't at all afford a regular car and people still got other bills. It ain't the 1950s or 1980s no more, the price of living has gone up a lot

    • @thesquad2253
      @thesquad2253 2 года назад +6

      lol 300? They must have good credit if theyre paying 300$, try 600-1000mth for new car

    • @dreamgyalking
      @dreamgyalking Год назад

      i have a 2018 honda civic & i pay right under $400 a month.

    • @iluvcamaros1912
      @iluvcamaros1912 Год назад +3

      @@joeking433 A brand new car is a dumb financial decision even with a good job. You can balk at the prices of new cars even if you have money.

  • @RecordsOfD
    @RecordsOfD 3 года назад +7

    This doesn’t cover how old cars without the technology are still climbing in price

  • @SG-ki7cz
    @SG-ki7cz 4 года назад +91

    So basically: gas prices fell and with them the demand for small/cheap cars.

    • @paxundpeace9970
      @paxundpeace9970 3 года назад +1

      Someone with a brain

    • @AmongUs-mb4qx
      @AmongUs-mb4qx 3 года назад +1

      The real answer is here folks.

    • @jayarfa8453
      @jayarfa8453 3 года назад +1

      Hasn’t Biden raised gas prices?

    • @paxundpeace9970
      @paxundpeace9970 3 года назад

      @@caribbeanbound8357 they don't make margin this big per truck but it is still massiv

    • @angry-white-men
      @angry-white-men 3 года назад

      Yeah what a stupid mentality, eh. Gas prices drop so instead of taking advantage of the fuel savings morons go out and buy bigger trucks and cars.

  • @vicente3j
    @vicente3j 4 года назад +830

    So basically the auto industry is pulling an Apple right now

    • @ryand589
      @ryand589 4 года назад +12

      iPhone SE is apples version of the Jetta

    • @amitkumar-sz6ze
      @amitkumar-sz6ze 4 года назад +36

      Exactly. They are just trying to make commodities as luxuries. Even 50$ phones have all the features as these "Bluetooth" and "infotainment" that the idiot talks about at 10:28 .

    • @odincarry231
      @odincarry231 4 года назад +7

      There is no auto industry, those are for the rich. It's self-businesses, used dealerships, and also people getting dumb and not knowing anything about cars, leading to being sold lemons or scammed; guessing this whole comment section. Hence blaming others

    • @takcleberry
      @takcleberry 4 года назад

      No they’re not pulling an apple, they’re pulling the prices of the vehicles that they sell higher

    • @ace3han
      @ace3han 4 года назад +9

      Not until they start gluing everything down and refusing to allow repair shops to fix their cars.

  • @DangerAngelous
    @DangerAngelous 3 года назад +300

    The fact that a new Toyota Yaris is more than $25,000(AUD) is sad

    • @AlexS-gn9tq
      @AlexS-gn9tq 3 года назад +14

      Because it's f**ing sacred Toyoda which parasite loyalty of customers. Once being an owner of a brand new VW Polo Sedan, I tested toyoda corolla. I was shocked. Toyoda was priced twice as my VW but the quality of the interior was even worst than my cheap VW had. Talking about reliability I have had 0 issues in 5 years of ownership and everyday driving with my VW in quite hard conditions of eastern Europe and Russia. So I have no idea why people buy extremely overpriced toyodas which often do not have apple carplay even in a most expencive trim. That is insane.

    • @toogoodtogounboxing1232
      @toogoodtogounboxing1232 3 года назад

      yeah i remember seeing car ads like 15 years ago for a suzuki jimny for example for like 12-13k.

    • @gregcastillo3434
      @gregcastillo3434 3 года назад +3

      Big oof

    • @donaldrobinson6502
      @donaldrobinson6502 3 года назад +3

      If you take a lot of short trips look into buying yourself an electric bike, most of them have throttle so you don't have to Pedal if you're unable to do or don't want to

    • @V_For_Vigilante
      @V_For_Vigilante 3 года назад +24

      @@AlexS-gn9tq
      VW is unreliable trash and its expensive to maintain. Toyota Is more reliable and its cheaper to maintain unlike VW, that's why people buy a Toyota instead of VW

  • @jozimoto
    @jozimoto Год назад +2

    People seem to forget that the car companies like Ford, Volkswagen and Fiat got started making cars for the masses. The Model T and A, The Beetle and many models by Fiat. Now the car compaiies have forgot about the middle and lower income transportation needs.
    Too much unneeded tech are built into cars today also.

  • @miamitten1123
    @miamitten1123 4 года назад +543

    _”If you buy used, you can also have more than one car”_
    ~ Scotty Kilmer

    • @calgary2800
      @calgary2800 4 года назад +30

      Thats what I do. 2 used cars. Variety and already has scratches here and there for free.

    • @MaviAntwerp
      @MaviAntwerp 4 года назад +21

      I’m taking a wild guess that Scotty Kilmer is an American.

    • @stainlesssteellemming3885
      @stainlesssteellemming3885 4 года назад +48

      ​@@MaviAntwerp Probably, but it's not as stupid as it sounds. I own 4 cars, ranging in age from 14 to 23 years old. Total purchase cost - about $25K. Total miles on the clock? About 700k. That's my car, my wife's and one each for my youngest kids.
      With the exception of the oldest car, I would happily do my annual 3,000 mile road trip in any of them (and have done). The older car did do a 1500 mile road trip this summer, and just had some trouble with a leak in the water reservoir ($50 part and 1 hour at the hotel to fix).
      The thing is, unless you live IN a major city, a car of some sort is not a luxury here. Public transport is almost non-existent, and shops, services, doctors, and so on are spread out on the assumption everyone has a car. So having more than one is inevitable. It also means there's always a spare car in the drive if one fails to start.

    • @bettyvanderhooven-schmaasc4235
      @bettyvanderhooven-schmaasc4235 4 года назад +9

      @@MaviAntwerp yeah, Click bait, RUclipsr with a million subs.

    • @alexanderespinoza
      @alexanderespinoza 4 года назад +19

      START YOUR ENGINES!!!

  • @eddiegainz1673
    @eddiegainz1673 4 года назад +76

    I just bought my 2001 Honda Accord for $500 Yeah, it's ugly but damn it runs excellent!!!

    • @reinbeers5322
      @reinbeers5322 3 года назад +5

      Accords are some of the most reliable cars out there.

    • @napynap
      @napynap 3 года назад +2

      It still starts right up!

    • @markchang2964
      @markchang2964 3 года назад +1

      Lucky man!

    • @joedollarbiden9823
      @joedollarbiden9823 3 года назад +2

      Finally someone with a brain

    • @cosryuu3900
      @cosryuu3900 3 года назад +1

      Scotty Kilmer approves

  • @austingriffith3598
    @austingriffith3598 4 года назад +590

    Lol @ referring to a 20k car as “cheap”.

    • @uncleruckus2487
      @uncleruckus2487 4 года назад +115

      A new car at that price is cheap lol

    • @benmenson6258
      @benmenson6258 4 года назад

      I'm confused.

    • @angelgjr1999
      @angelgjr1999 4 года назад +9

      For a car with zero miles it’s a good deal. Tbh I’ve been considering in getting a cheap daily like a Honda Civic.

    • @austingriffith3598
      @austingriffith3598 4 года назад +5

      @Jonathan McCully I’m on the market for a good reliable daily driver to keep for several years. I’ll probably be going with a 2013-2018 Mazda 3 Hatchback. Examples with less than 100k miles are plentiful and easily under 15k!

    • @tiamarie1226
      @tiamarie1226 4 года назад +11

      I agree 20 K is still alot it used to be less

  • @StarWarrior91
    @StarWarrior91 3 года назад +9

    Bought a used f150 last year with no power windows or anything more complex than a radio with a audio cable port. Love it. So hard to find a vehicle without all the extra electronic accessories

  • @pensatoreseneca
    @pensatoreseneca 4 года назад +60

    When they said cheap cars I thought of 7 thousand dollars car , 11 thousand , not 17 or 20 thousand

    • @yourmango461
      @yourmango461 4 года назад +1

      Lada's cars range from 7 to 14 thousands. Quite capable to outrun GM SUVs first 10 secs

    • @muhammadwazienaqwayusuf3335
      @muhammadwazienaqwayusuf3335 4 года назад +3

      Actually in Asia you can get new car for 11 thousand dollars

    • @pensatoreseneca
      @pensatoreseneca 4 года назад +3

      @@muhammadwazienaqwayusuf3335 that’s my point ! There’s cars that are around 9, 11 thousand dollars, but they are talking about prices that aren’t really cheap

    • @quazimoto5241
      @quazimoto5241 4 года назад

      Cheap NEW cars

  • @door-to-doorhentaisalesman2978
    @door-to-doorhentaisalesman2978 4 года назад +625

    Short Answer: $20k in the 90's is different from $20k in 2020's
    Shorter Answer: inflation

    • @MartinOmander
      @MartinOmander 3 года назад +32

      The graph in the video showed big drops in 2018 and 2019. They were probably not caused by inflation.

    • @uwatch4835
      @uwatch4835 3 года назад

      a car or place to stay? either way expensive

    • @AaronNicoli
      @AaronNicoli 3 года назад +9

      Haha the myth unless you add hyper infront of that... I bought furniture 5 monoth ago from three different companies, they were only just delivered last week. However, we recently checked their websites, nothing we bought was on sale, except our couch which came from a place where it's "permanently on sale" anyway, looking back with the new year all these companies just raised their prices by around 30% (inc. the new sale price)... 30% is not inflation, that's called gouging... and it's become the mainstay of our modern society.

    • @justin_time
      @justin_time 3 года назад

      Thank you! They never mentioned inflation once in the video from what I heard.

    • @Burt1038
      @Burt1038 3 года назад +3

      They didn't specify, but I'm betting the benchmark for the "cheap car" segment is more or less indexed to inflation...otherwise the stats would show that 80% (or more) of cars in the 90's were in the "cheap car" segment. In fact, when I was a kid in the 90s I remember 10k being the price point for "economy" cars.

  • @TwinTurboToyota
    @TwinTurboToyota 4 года назад +411

    Yet wages have been stagnant since the 80s

    • @bearcubdaycare
      @bearcubdaycare 3 года назад +2

      But not compensation

    • @Idontknow-gh3pz
      @Idontknow-gh3pz 3 года назад +24

      Isn’t that interesting right? Wages remain the same but prices rise and rise and rise.

    • @marca7542
      @marca7542 3 года назад +6

      In the US. Rest of Western democracies are in much better shape than you poor saps.

    • @GarlicGrinder9
      @GarlicGrinder9 3 года назад +9

      2009 is when they last raised the minimum wage... but yea I get your point. Its still PATHETICALLY low. States should NOT be setting their own wage. It creates exploitation in a capitalist system. EVERYONE in the US that employs HUMANS should pag a HUMAN wage. ATLEAST $20/hr RISING WITH INFLATION!! 15 is a good start, but its BARELY enough for a one bedroom apartment.

    • @TapiaJ
      @TapiaJ 3 года назад +14

      Ok my father made 11 dollars an hour. Bought his first house in 1985. He played 50k for it. A typical person makes maybe 20 dollars an hour. Median house price is 350k.

  • @ThrobbedKnobz
    @ThrobbedKnobz 3 года назад +3

    It breaks my heart that someday people wont be able to buy a pos 1,000 civic.
    Some of my favorite cars were under 2k.

  • @truthteller4442
    @truthteller4442 4 года назад +46

    Car makers are getting gimmicky and are labelling everything as "upscale," and "luxury." They put a computer in, a usb, and suddenly it's "upscale." It's all b.s.

    • @balthorpayne
      @balthorpayne 4 года назад +2

      As someone who got his first apartment last year, cars and "Luxury" apartments use the tactics.

  • @DrBeauHightower
    @DrBeauHightower 4 года назад +480

    Also SUVs and trucks over 6000 pounds are a business write off so dealerships inflate prices

    • @adonchavis5127
      @adonchavis5127 4 года назад +3

      Nice seeing you here sir. Love your work.

    • @vtg1632
      @vtg1632 4 года назад +12

      any car can be written off for tax purposes

    • @anthonykaiser974
      @anthonykaiser974 4 года назад +2

      That plus Chicken tax.

    • @helpimlost84
      @helpimlost84 4 года назад +1

      What do you mean ? For the buyer or the dealer?

    • @rubyl3284
      @rubyl3284 4 года назад

      I'm also a doctor, I graduated from the Hollywood Upstairs Medical School

  • @lv1543
    @lv1543 4 года назад +594

    Actual reason: they want to price gouge you at every turn

    • @dingfeldersmurfalot4560
      @dingfeldersmurfalot4560 4 года назад +8

      Exactly.

    • @Lucas_Antar
      @Lucas_Antar 4 года назад +18

      That’s not how business work. If no one can affford your car then you won’t sell any. The real reason is no one buys new cheap cars they just buy used.

    • @dolemitedavis
      @dolemitedavis 4 года назад +2

      THIS

    • @asmranonymousgaming901
      @asmranonymousgaming901 4 года назад +2

      Exactly

    • @MoonLiteNite
      @MoonLiteNite 4 года назад +2

      You might want to look up the word price gouging.
      The margins are most cars are pretty low from the mfg, we talking under 1,000$ per a car...
      .

  • @TheRealJellyBomb
    @TheRealJellyBomb 2 года назад +1

    Hi. When a noun starts with a vowel sound, the pronunciation of the definite article is the same as every time you say it in this video. That is, it sounds like "thee." However, when the noun starts with a consonant sound, such as in "car" or "concrete," the definite article is pronounced "thuh." If it's confusing, you can use this trick: Just use the indefinite article for the noun, and then remember that if the indefinite article is "an," the definite article is pronounced "thee," but if it's "a," it's pronounced "thuh." It helped me when I started out learning English. Cheers, and thanks for the video 😊

  • @ma9dal3na
    @ma9dal3na 4 года назад +39

    I will be driving my 97 civic till I die. I don't need all the technology in a car. I just need it to be reliable.

    • @SimplyCarReviews
      @SimplyCarReviews 4 года назад

      Mechanically it is sound... yet a modern civic is light-years ahead when it comes to safety. Just watch a crash rating video on older model cars to new ones.

    • @GO-cz7cl
      @GO-cz7cl 4 года назад

      @@SimplyCarReviews Older trucks and suvs are safer than some new cars. Just saying.

    • @philgamer5280
      @philgamer5280 4 года назад

      Because it's made of plastic and aluminum. Older models were made with better metals

    • @MoltenMetalGod7
      @MoltenMetalGod7 4 года назад +2

      I'm not a mechanic but my personal opinion is that older is better a lot of times.(if you maintain the vehicle properly) Better made. sometimes cheaper parts. simpler to repair compared to newer vehicles. None of those dealer only repair gimmicks.

  • @famus801
    @famus801 4 года назад +333

    “Luxury cars” now a days are a joke they are all plastic and full of screens and that’s considered “luxury”

    • @stefanweilhartner4415
      @stefanweilhartner4415 3 года назад +15

      beautiful nice buttons are the real luxury now :-)

    • @networth00
      @networth00 3 года назад +37

      A $500 ipad screen and a $100 GPS that nobody will use will make the car go up $20k or more.

    • @jdahighroller9389
      @jdahighroller9389 3 года назад +19

      I know, thats why I like old school, that real wood grain!!

    • @GeorgeVCohea-dw7ou
      @GeorgeVCohea-dw7ou 3 года назад +4

      @@jdahighroller9389
      I want a Zenith flat panel television with a wood grain bezel and decent speakers, but it probably won't happen. Pretty much all televisions on the market these days have an almost universal milquetoast design, mediocre sound and no sign of useful improvements anytime soon. There is very little variation between most common technology devices these days. Many people mistake a Surface for an iPad. I initially thought it was a bit weird, but if consumers cannot easily distinguish between one product and the competitor's, there is a serious issue not being addressed in the marketplace.
      This is most definitely true in the automotive realm. Without logos or any other identifying markers, I doubt many people could correctly identify 5 out of 10 similar products among everyday tech brands without a lucky guess. Everything looks way too similar!
      ruclips.net/video/PIAxrnkity0/видео.html

    • @longroth4882
      @longroth4882 3 года назад +3

      @@GeorgeVCohea-dw7ou Ain't that the truth, looks can be very deceiving.... You can buy cheap no-name 7" touch screen double din head units with mirror link, wifi, bluetooth, backup cam (camera included), navigation, and more that look just like what's offered in most brand new cars for under $200. Without navigation, you can buy 'em through Wally-World for $50-60, and markups on consumer electronics are usually 100% or more. Just like TV's today, they all look the same. It kind of makes a guy question what you're really paying for, or getting without that logo, especially with auto makers looking to cut costs wherever they can.
      Even when they're branded, a friend of one of my kids told me he only paid $100 for the Bose unit in his car. Looked at it and said no, it says Boss... He says "is there a difference"? Oh My God, what is our world coming to...

  • @patson187
    @patson187 3 года назад +295

    To me, a 6 year long loan for a car is just insane. Why? 😮

    • @earthchansociety7769
      @earthchansociety7769 3 года назад +53

      @George L 😂that’s exactly the reason why they have scores. To encourage reckless behavior.

    • @travis1240
      @travis1240 3 года назад +29

      True. Most people won't even keep the car that long, and roll the amount they owe into the next loan (which is even more insane).

    • @travis1240
      @travis1240 3 года назад +20

      @George L There are ways to get a good credit report without paying interest. Paying 6 years of car loan interest is hardly ever a good idea.

    • @DeniseRene407
      @DeniseRene407 3 года назад +4

      @@travis1240 If they’re smart they’ll pay the car off early. But, you’re right. Most people are not financially smart and will end up being upside down on their loan and rolling it into another vehicle loan.

    • @johnwang9914
      @johnwang9914 3 года назад +18

      Try paying cash for a new car. They jump through loops trying to talk you into financing it.

  • @crystalreidinger9969
    @crystalreidinger9969 Год назад +1

    Young buyer here: it was frustrating buying a car with the limited options, I do not want an SUV, and I do not want any technology in my car besides an aux jack. I will keep fixing my car instead of buying the junk they make now. We're out here.

    • @edgaryzen4925
      @edgaryzen4925 Год назад

      Why not consider the cheapest new sedan in America that can be had for sub $20k?

  • @Doofwarrior88
    @Doofwarrior88 4 года назад +29

    For only $400 you can add a brand new stereo to your old car to get android auto, and apple car play. I own 3 vehicals and have no payments.

    • @Aku112811
      @Aku112811 4 года назад +1

      Also you could spend about $1000 and do everything speakers, stereo, some sound dampening, window tint. Much better than factory for less.

    • @XX-166
      @XX-166 4 года назад +2

      And all that looks good on the back of a tow truck heading to the junkyard

  • @naturalbeauty_abena1230
    @naturalbeauty_abena1230 4 года назад +348

    Dave Ramsey just entered the chat.
    Sell your car and get 3k car
    Rice and beans
    Beans and rice....lol

    • @cybertrk
      @cybertrk 4 года назад +2

      💍

    • @michaelbook2019
      @michaelbook2019 4 года назад +20

      lmao I used to watch his show to not feel so bad about my financial situation. Some of the people on that show.... just cringe

    • @good-tn9sr
      @good-tn9sr 4 года назад +4

      @@michaelbook2019 how was it cringe? It was sad.

    • @Carterthielftw_
      @Carterthielftw_ 4 года назад +9

      yes. its insane the stress a car payment puts on someone,

    • @Bigchubbyboy
      @Bigchubbyboy 4 года назад

      Ay shut your mouth

  • @RangerRickTV
    @RangerRickTV 4 года назад +56

    I use to be in the car business and most of the deals we made were based on a 72 month term which is so sad.

    • @RangerRickTV
      @RangerRickTV 4 года назад +3

      @entItyVR that is also true.

    • @loki6253
      @loki6253 4 года назад +3

      Yeah by then a used car is gone and on to the next 72 month used car adventure.

    • @loki6253
      @loki6253 4 года назад +3

      @Andrew_koala
      This is why I have drove the same car for 14 years. And that was a 72-month loan

    • @RangerRickTV
      @RangerRickTV 4 года назад +2

      @Andrew_koala well said. I felt so bad being a car sale person that people would put themselves in that kind of situation.

    • @toomanymarys7355
      @toomanymarys7355 4 года назад

      I write checks for mine. I also buy 2-4 years old. :)

  • @vegasdave1207
    @vegasdave1207 3 года назад +1

    Cheap cars today are $25,000 and those cars aren't disapearing. A honda civic for example is considered a "cheap" car and its still very popular.

  • @jefemuga416
    @jefemuga416 4 года назад +176

    In 2007 I bought a new car. That was and will always be the last time that I will buy a new car.

    • @alwlawcenter
      @alwlawcenter 4 года назад +2

      Why? Do you regret it?

    • @P7777-u7r
      @P7777-u7r 4 года назад

      Do you still have that car?

    • @YoBoyMarcus
      @YoBoyMarcus 4 года назад +30

      Yes, better to buy a 3-4 year old car with low mileage. You let someone else pay for depreciation.

    • @jeeves6490
      @jeeves6490 4 года назад +1

      Depending on the car, maintain it as per manufacturers directions and it will probably last your lifetime.
      Unless it's American or Chinese.....

    • @jefemuga416
      @jefemuga416 4 года назад +9

      @@alwlawcenter It was an awesome car and it felt nice to drive it around that first year because it was new. after that, the novelty of it faded away and it was just another car among the rest but you're still paying for it for years to come. I don't consider that first year of new car feeling to be worth the money. I've bought other used vehicles and have experienced that initial high of novelty, albeit for a shorter time, but I paid those cars off in less than a year, freeing my income for other things that are important too.

  • @thoughtoftheday9095
    @thoughtoftheday9095 3 года назад +52

    My 2013 Camry has everything I need. Sunroof, touchscreen, reliability... The Camry runs circles around the Jeep Wrangler Unlimited I had. The jeep stayed in the shop more than under my carport.

    • @alandonglei
      @alandonglei 3 года назад +3

      Me too, my Camry is 2014, almost on that 100k miles now, still drives perfectly fine. Newer Camry looks really nice tho, maybe later this one retires, I can get the 2030 Camry

    • @thoughtoftheday9095
      @thoughtoftheday9095 3 года назад +2

      @@alandonglei I love the new Camry, but I’ll take my paid off Camry for now.

    • @TrazimDollare1982
      @TrazimDollare1982 3 года назад +4

      Scotty Kilmer approves this Message 😊

    • @jml9550
      @jml9550 3 года назад +2

      An average Toyotas or Hondas can easily last 10+ years. They are reliable and fuel efficient. I always buy Toyota and Lexus.

    • @worldchangingvideos6253
      @worldchangingvideos6253 3 года назад +3

      Jeeps are garbage and burn oil 🪔

  • @mgh62000
    @mgh62000 3 года назад +3

    My parents would always buy really cheap but reliable, new cars like the Toyota Tercel and drive them until them until it died. These cars had no a/c, no power anything, and no radio. We're talking no power steering. My mother has weighed less than 80 lbs. her whole life except when pregnant. As we got older, she would sometimes have us help her move the steering wheel like when were parallel parking. It was worth the sacrifice though if it allowed them to retire certainly not rich but comfortable.

  • @greglees4011
    @greglees4011 4 года назад +357

    Consumers who are smart with their money don’t buy new cars.

    • @MJ98.
      @MJ98. 4 года назад +15

      Thats very true. At the end the total cost of using a used car is cheaper compared to using a new car which might be affordable.

    • @frankrodriguez1981
      @frankrodriguez1981 4 года назад +2

      Bingo

    • @kcee7841
      @kcee7841 4 года назад +9

      1999 maxima and 2005 vibe owner, I agree.

    • @IFearlessINinja
      @IFearlessINinja 4 года назад +1

      Wealthier consumers with overflowing cash piles still do. Just not the average joes that need to use that money for important things.

    • @runningfromabear8354
      @runningfromabear8354 4 года назад +21

      @@IFearlessINinja Consumers with more credit than sense buy brand new. I've got excellent credit but I'd rather invest money on appreciating assets, not cars.

  • @claressalucas8922
    @claressalucas8922 4 года назад +345

    I am 50 years old and have never bought a "new" car. That's stupid.

    • @rickleuce8025
      @rickleuce8025 4 года назад +20

      I'm 27 years old and all 3 of my cars are older than I am.
      i think I would like something a little newer as a daily driver though. Maybe something 10-20 years old.

    • @claressalucas8922
      @claressalucas8922 4 года назад +1

      @@rickleuce8025 Yeah, you might want to move into something made this century for the safety of hands-free/bluetooth, but watch out for those wonky air bags. The recalls on models older than about 2012 aren't very comprehensive.

    • @chadhaire1711
      @chadhaire1711 4 года назад +6

      no its not...you never had a toyota

    • @charliecoronado4657
      @charliecoronado4657 4 года назад +2

      That's why I get luxury at an auction price which makes it cheap lol

    • @starsnstuff842
      @starsnstuff842 4 года назад +19

      I'm 62 years old and have been driving over 40 years and have never bought new. I'm in the UK and my currant car is a 14 year old diesel Peugeot it has no fancy electronic gizmos to go wrong is super reliable and does 50mpg. I got it 2 years ago for £1200 and apart for a new clutch and front brakes it has given me no problems.
      I much prefer reliable transport than useless moronic electronics that have nothing to do with motoring.

  • @DeskOfDean
    @DeskOfDean 4 года назад +398

    Why buy a new car? They lose 30% driving off the lot. Just buy used

    • @Andrew-on3vc
      @Andrew-on3vc 4 года назад +57

      Who buys cars thinking they'll making money off it?

    • @UserName-ts3sp
      @UserName-ts3sp 4 года назад +85

      @@Andrew-on3vc you’re not going to make money, but you might as well lose less

    • @seanthomxx2694
      @seanthomxx2694 4 года назад +39

      Exactly, they're talking about econo-boxes for $20k, when one can buy a used Lexus with 60k miles for $15k

    • @JarivLetap
      @JarivLetap 4 года назад +23

      @@seanthomxx2694 right on the money. Why buy a new Corolla when you can get a low miles used ES350 for the same price.

    • @crash_test_dummy_1
      @crash_test_dummy_1 4 года назад +19

      I have only bought used vehicles. But my parents and grandparents only buy new and then keep the car until it's no longer reliable

  • @kev9617
    @kev9617 Год назад +2

    10:00 incorrect. Back in the day, base model cars didn’t have airbags and seatbelts - now they do due to demand (and regulations).
    Same with electronic amenities. This is a poor argument

    • @blitzn00dle50
      @blitzn00dle50 Год назад +2

      for real. I can't count how many people my age have said that they would drive a literal go-kart with a roll cage if it meant they could save money and be able to afford their 4 figure rent. I know what I just said was anecdotal but so was this mf's wild assessment. I guess this is more proof of why "generations" are a stupid ass concept

    • @edgaryzen4925
      @edgaryzen4925 Год назад +2

      And air conditioning too!

  • @leshpar
    @leshpar 4 года назад +33

    I paid $13k for my brand new kia spectra in 2008. I still drive her today. Best car I've ever had.

    • @Unique2U05
      @Unique2U05 4 года назад +1

      Kia's are reliable

  • @zombl337og
    @zombl337og 3 года назад +157

    this sounds like an ad by car companies explaining why vehicles are getting more expensive.

    • @alecwhatshisname5170
      @alecwhatshisname5170 3 года назад +8

      Almost every source is JDPower. Which is a marketing company. So imma say that it is.

    • @STho205
      @STho205 3 года назад +4

      CNBC is a PR firm. They produce puff pieces for whomever pay them: China's CCP, The big 4 and JD Powers, the EV lobby, the NaturalGas-solar-wind lobby.

    • @MHNK77
      @MHNK77 3 года назад +4

      Everything on CNBC is propaganda from either big corporations or the govt.

    • @ignaciofuentes2642
      @ignaciofuentes2642 3 года назад +1

      They literally claimed that cars are more expensive because consumers demanded they stop making cheap cars. SMH

    • @MuiKaHo
      @MuiKaHo 3 года назад

      @@ignaciofuentes2642 well yeah. if you want more tech in it.. its gonna cost more.. everyone would want more tech and cheap price, but no one is gonna do it. your options are, basic car for cheap or basic car +tech for more. they are gonna choose the more.

  • @zhxiaol
    @zhxiaol 4 года назад +220

    I’m looking forward to the day where we have 15 yr car loans, 5 yr iPhone loans and payday Spotify loans.

    • @jasinbiggs7189
      @jasinbiggs7189 4 года назад +17

      Girlfriend loans

    • @Gnidel
      @Gnidel 4 года назад +17

      It won't happen. You will own nothing and be happy.

    • @speedtouchbr
      @speedtouchbr 4 года назад +2

      @CNBC WTF??

    • @ZiaRDS
      @ZiaRDS 4 года назад +16

      please don't give them any ideas...

    • @erenkaslte8046
      @erenkaslte8046 4 года назад

      @@speedtouchbr Bot.. don't get into the crypto scene until you done your own research. Although large corporations are getting into it.

  • @HD_e18
    @HD_e18 3 года назад +1

    So, I guess student debt, no good paying jobs to pay off the student debt, high rents and food don’t factor into this?!! What BS!!

  • @michaelmoon4925
    @michaelmoon4925 3 года назад +221

    When fancy cars breakdown, you pay a lot for the repairs.

    • @retroguy9494
      @retroguy9494 3 года назад +11

      Tell me about it. Because I have antique cars plus my 2 daily drivers, I have several mechanics. All of them told me to stay away from Mercedes and BMW. They said they always break down, the cost of repairs is much higher than American cars plus it takes forever to get the parts from Germany. One told me to replace the brakes on a Mercedes costs more than double what it does on an American luxury vehicle.

    • @jabbalito3787
      @jabbalito3787 3 года назад +6

      Very true, repairing an expensive car is crazy expensive. The only exception to this rule might be Tesla where you spend very little on maintaining a high priced car

    • @sten260
      @sten260 3 года назад +3

      most people driving fancy cars are leasing them new and they return them after few years. It's a bad idea to buy an old used luxury car

    • @shellyslioneyes
      @shellyslioneyes 3 года назад +2

      The newer they are, the less likely you cannot fix them yourself...let alone know what is wrong with them. I come from a family of parents who loved classic cars. Ya know...easy to fix yourself, basic tools, etc. Then years ago, you needed a special tool to get the lug nuts off your wheels. Another tool for brakes. Now, with electric cars being shoved on us, how will anyone making less than $15,000 ever afford an electric car? Send us a stimulus check? Ugh. I've never owned a car over $2,000 and I'm 51 yrs old. I hope I'm dead before this happens because I don't get enough on SSI to use an UBER to drive me to every dr appt and laundromat. I would never have toilet paper again. (Get it - reminds me of this time last yr. March 2020....some of us couldn't hoard as we didn't have the $$$)

    • @charleswatson1093
      @charleswatson1093 3 года назад +2

      @@shellyslioneyes "the less likely you cannot fix them yourself" equates to "the more likely (that) you can fix them yourself". Is that what you really mean?