Why it’s Illegal to Buy a Car from Toyota

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  • Опубликовано: 24 дек 2024
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Комментарии • 1,2 тыс.

  • @PolyMatter
    @PolyMatter  Год назад +208

    Hey all - some quick Nebula updates:
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    • @Jen-hen
      @Jen-hen Год назад +1

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @Jen-hen
      @Jen-hen Год назад +1

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад +1

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @thomassynths
      @thomassynths Год назад

      Nebula is a crap platform ngl

    • @mike04574
      @mike04574 Год назад +4

      should've put america in the title

  • @CGR89
    @CGR89 Год назад +4928

    Nothing says “we’re a useful part of society” like “you’re legally required to buy from us”

    • @Jen-hen
      @Jen-hen Год назад +7

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @masterimbecile
      @masterimbecile Год назад

      It would be funny if it weren’t so sad

    • @ashwinbalu
      @ashwinbalu Год назад

      😂 I am copying this

    • @USSAnimeNCC-
      @USSAnimeNCC- Год назад +112

      Also wtf the spam bot showing up in the comments

    • @Antonio-wh3oq
      @Antonio-wh3oq Год назад

      @@USSAnimeNCC-Report them.

  • @texanfournow
    @texanfournow Год назад +2159

    It's difficult to express just how much I despise walking into any car dealership. It is a crooked but legalized way of doing business.

    • @Halcon_Sierreno
      @Halcon_Sierreno Год назад +11

      Some people swear by dealerships.

    • @rompemord1
      @rompemord1 Год назад +68

      Not just legalized, many places in the US it is legally mandated!

    • @texanfournow
      @texanfournow Год назад +55

      @@Halcon_Sierreno I swear IN dealerships.

    • @FrozenDung
      @FrozenDung Год назад

      ​@Halcon_Sierreno if they enjoy giving away money fair enough but I like to save money and when I use services I like to get an actual service.
      Fuck car dealers

    • @noob.168
      @noob.168 Год назад +8

      costco auto buyer program. get a quote from them. no hassle.

  • @chrismv102
    @chrismv102 Год назад +1874

    I wish these companies success. THere's no buying experience worse than a car dealership.

    • @MrTripsJ
      @MrTripsJ Год назад +74

      It’s almost like they hate you buying a car from them but will stick like leeches seeing if you still want to buy it

    • @bryancomlor1435
      @bryancomlor1435 Год назад +45

      ​@@MrTripsJ Its even worse when they think you have no money based on your appearance.

    • @eliminat
      @eliminat Год назад +24

      Buying/selling a house with a realtor?

    • @zandaroos553
      @zandaroos553 Год назад +56

      Honestly this is one of the rare times I root for big business. Car dealers are just rent seekers

    • @synaesthesia888
      @synaesthesia888 Год назад +10

      I dont exactly disagree with OP's comment, but eventually, if car makers end up taking back market share away from dealers, i foresee this same negative sentiment being drawn torwards the car makers. People will always disdain big companies in favor of small companies. The poor envy the rich, and when they become rich themselves they in turn get envied by whoever is now poor.... humans are so hypocritical....

  • @tHebUm18
    @tHebUm18 Год назад +450

    As someone who follows the car market closely, I feel like this did miss acknowledging that 2022 was a deeply anomalous year for the automotive market and things are looking decidedly less rosy for dealers now--which is good, because they're awful and literally everyone should cheer their downfall.

    • @nameismetatoo4591
      @nameismetatoo4591 Год назад +24

      A regional dealership built about 10 acres of lot space in my small town of ~6400 over the last 8 years. The light pollution in a several mile radius went up at least 1 on the Bortle scale as a result.
      They also erected a new welcome sign by the main highway exit. Their name is larger than the town's.

    • @DuffCo
      @DuffCo 11 месяцев назад

      As someone who pays their bills by working long hard hours to be a honest and respectable sales person… please think twice about all the families and children that will have to rely on your tax money to survive (should dealerships be closed)

    • @tHebUm18
      @tHebUm18 11 месяцев назад +13

      @@DuffCo I've got no problem with my tax money going to folks in need who lose their job from something that is a net benefit on the whole. I doubt it will come to that because the rich owners of most dealers have tons of legal power to preserve absurd legal protections enjoyed by basically no other business out there (probably part of why, as a whole, people loathe them), but, if it does, I hope my tax money can help you retrain to a job that requires working fewer long hard hours for similar or better compensation so you can enjoy more time with your family.

    • @willy4170
      @willy4170 8 месяцев назад +4

      ⁠​⁠@@DuffCooh no those poor scammers now will a slightly harder life keeping on their shady practices 😢
      “An honest and respectable car sales person” LMAO don’t you even see the oxymoron in that phrase?

    • @artem.anisimov
      @artem.anisimov 5 месяцев назад

      @@DuffCo "honest and respectable" cannot be used in the same sentence as "sales person". As a middleman you literally have an incentive to overcharge and oversell, and if you don't - you are a bad salesman by their own metrics.

  • @Enjgine
    @Enjgine Год назад +652

    Tesla: wants to sell cars
    Customer: wants to buy car
    Car dealership: hey wait that’s illegal! Where’s my cut!?

    • @InfernosReaper
      @InfernosReaper Год назад +45

      In Elon's pocket, cause that dude ain't passin' those savings on to you

    • @JapanesePiano1
      @JapanesePiano1 Год назад

      @@InfernosReaper Lmao, stop opening your mouth, my pants aint down yet.

    • @abrahammc2125
      @abrahammc2125 Год назад +50

      @@InfernosReaper Model Y is now 46k it was launched at 51k... Tell me how in 4 years Tesla dropped the price by that much. LOLLL get out of here man. You just rolled in from stupid town

    • @CenobiteBeldar
      @CenobiteBeldar Год назад +4

      Sounds like a socialist complaint lol

    • @adamsfusion
      @adamsfusion Год назад +84

      ​@@CenobiteBeldar if cutting out the crooked middleman is socialist, then roll out the red flags, because I'm on board.

  • @dylantwists
    @dylantwists Год назад +794

    I predict that if dealerships did not exist, consumers would not see the 9-11% depreciation from driving off the lot. This depreciation is a direct indicator of the actual value dealerships steal from a transaction.

    • @TheSteinbitt
      @TheSteinbitt Год назад +48

      I don’t think so, because we have the same in Norway, and Tesla experience it as well.

    • @1AKAvg
      @1AKAvg Год назад +65

      That huge depreciation from simply putting a tire out of the shop exists in pretty much every country

    • @qwerty112311
      @qwerty112311 Год назад +10

      They don’t “steal” anything. They provide a service and you pay some amount for it. And the depreciation isn’t because of car dealerships. Same thing happens across the board no matter the sales channel.

    • @autolykos9822
      @autolykos9822 Год назад +57

      @@qwerty112311 The deprecation is mostly because of the "Market For Lemons"-Problem. Selling a used car is always somewhat suspect - if it was good, you'd probably keep it.
      But the service the dealerships provide is mostly to the manufacturer, not the customer. Since the internet (and probably also before, but slightly less so), you're much better off informing yourself about the cars pretty much anywhere else than the dealership.

    • @fyodorvasilev1964
      @fyodorvasilev1964 Год назад +4

      What the commenter above said. If the car was truly the same, the buyer would be able to demand for it almost the same price, because why not? But the car is not the same, at least subjectively, it is a more risky purchase.

  • @synthwave7
    @synthwave7 Год назад +484

    Yes, why can't I order my next new car online from Walmart, Amazon or some online site ? I don't want to use a dealership - their markups hike new car prices into unaffordibility. This video was well researched - thanks for this.

    • @MOBXOJ
      @MOBXOJ Год назад +21

      Amazon is working on a project like that.

    • @USSAnimeNCC-
      @USSAnimeNCC- Год назад +15

      Also they bs you if have someone who knwo about car ask them for advice they'll be better than anyone

    • @BOOZMadre
      @BOOZMadre Год назад +1

      Never Say NEVER 😎 Justin Bieber

    • @henrytep8884
      @henrytep8884 Год назад +1

      Tesla

    • @nenasiek
      @nenasiek Год назад +5

      I get your point but Amazon would just take over, what the u.s needs seems to be fair competition, but im not american so its not my decision and I prob dont understand the whole picture either.

  • @addanametocontinue
    @addanametocontinue Год назад +305

    Dealerships are a leech that contribute very little to the economy. Any money they might donate to charity is just money that was forcefully taken from customers and car makers in the first place.

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @TheSteinbitt
      @TheSteinbitt Год назад

      @returnofghg911lol

  • @markerichannelly
    @markerichannelly Год назад +939

    To a European, American laws on car imports and selling are insane. Can't imagine having to wait over 20+ years to import a car from another country.

    • @sonydominates
      @sonydominates Год назад +76

      Yeah, it's a real shame we can't enjoy so many cars until they're super old. Would immediately import a GR Yaris and Holden Ute if it were legal

    • @Isometrix116
      @Isometrix116 Год назад +30

      Which makes sense for Europe considering how small individual countries are. The US can get away with forcing manufacturing in their country because of it's size. Most countries than can do this will since it seriously does help GDP and the wellbeing of it's citizens.

    • @lauej
      @lauej Год назад +38

      ​@@Isometrix116 european union has the size needed, but it is super anti competitive and against everything EU wants to achieve with open trade.

    • @jessi_pop
      @jessi_pop Год назад

      And yet we are told America is a bastion of unfettered capitalism. Well, it is if you are poor. But if you are rich you get socialism.

    • @arthas640
      @arthas640 Год назад +60

      ​@@lauejpeople tend to forget how protectionist the EU is. The EU has a lot of its own laws designed to keep non European cars out, same with china and Japan.

  • @4ksandknives
    @4ksandknives Год назад +639

    Lobbying = legal bribery

    • @AlexanderCruz-py9bb
      @AlexanderCruz-py9bb Год назад +23

      It actually isn't. The bribery happens during campaign finance. Lobbying is just calling in favors that were already paid for.

    • @dr_arcula
      @dr_arcula Год назад +43

      ​@@AlexanderCruz-py9bbboth are same

    • @TheLastScoot
      @TheLastScoot Год назад +6

      It's not bribery, at all. It's paying people to spend time talking to legislators, drafting laws, and the like. Legislators rarely get more than a pittance for being on the receiving end of this. It's still effective because people are paid to make convincing arguments to legislators, and to make it easy for legislators to act on that advice, so a lot of them do.
      You can't solve these problems if you have such large misunderstandings.

    • @d.b.cooper1
      @d.b.cooper1 Год назад +3

      Wildest thing to me is just how cheap politicians generally are. At this point a lot of the big lobbying groups just go off reputation & ability to yield unseen political power behind the scenes more than they do $$ which often is just couple or tens of thousand to single politicians. You're either in the club or you're not is a bigger sell for politicians

    • @testacals
      @testacals Год назад +38

      @@TheLastScoot Sounds exactly like bribery with an extra step.

  • @Croz89
    @Croz89 Год назад +423

    One advantage of ordering from the manufacturer is you can often customise down to an insane level since it's mostly build to order, right down to the colour of the stitching on the seats. The disadvantage is you might have to wait a few weeks, or even months if its a popular model.

    • @beauwille2294
      @beauwille2294 Год назад +44

      This is incorrect and misleading. While some manufactures allow for this level of customization when ordering, it comes at great cost. See Porsche for example. It is not reasonable or feasible for manufactures of vehicles they are selling 100,000+ of per year to offer such customization.
      Furthermore, the idea of getting a custom spec car is as little as a few weeks is very incorrect.

    • @Svall23
      @Svall23 Год назад

      @@beauwille2294correct, also the general customizations are also offered through dealerships, buying directly from a manufacturer won’t add additional options

    • @ailivac
      @ailivac Год назад +7

      Really? Last I checked there were like three option packages you could add for most cars, and for some bizarre reason the only one that most people have a use for depends on buying the other two first for a total of an extra $3000.

    • @Croz89
      @Croz89 Год назад +16

      @@beauwille2294 Well nobody said it was cheap to customise! And it's not just the luxury brands that offer fine grained customisation.
      It is absolutely possible. Most car manufacturers operate on a JIT model, so very little is built in advance. Obviously they can't make major changes, but colour of seats and trim aren't major.
      In terms of waiting time, it really depends on how long the queue is. For a very exclusive luxury model it can be many months or even years, but more common cars can be shorter.

    • @beauwille2294
      @beauwille2294 Год назад +1

      @@Croz89 I never said you did. I just tried to help educate and correct the record on custom orders and what someone would experience, which is nothing like you implied it to be.

  • @FCM415
    @FCM415 Год назад +44

    Dealer markups over MSRP are the ultimate slap in the face.

  • @Waldohasaskit210
    @Waldohasaskit210 Год назад +228

    In Utah, they law says that manufacturers that only produce EV's don't have to go through a dealership. At the time it was enacted, only Tesla qualified but as EV's become more popular and ICE's get phased out, that's likely going be most or all car manufacturers. For once we are using the shortsightedness of corporations for good.

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @Vvince68
      @Vvince68 Год назад +14

      Holy crap eleven spam replies

    • @FormerPessitheRobberfan
      @FormerPessitheRobberfan Год назад +10

      ​@@Vvince68feel like dealerships spawning them in. I've never seen this many bots outside a penguinz0 comment section

  • @marvinafonso7713
    @marvinafonso7713 Год назад +190

    I wonder if dealers are behind the recent 'no one want's to buy EVs' push that reached washington recently.

    • @rickeyheard4454
      @rickeyheard4454 Год назад +27

      No I just think no one wants to buy that when everything is already so expensive

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

  • @FIDEL_CASHFLOW_
    @FIDEL_CASHFLOW_ Год назад +569

    Is anybody else getting more and more upset and jaded the more they learn about just how much the 1% of society is allowed to take advantage of everybody else with governmental impunity?

    • @BOOZMadre
      @BOOZMadre Год назад +2

      Make TOYOTA Tundra Great Again 😎 Scotty Kilmer

    • @USSAnimeNCC-
      @USSAnimeNCC- Год назад

      I blame the cold war we wanted to not be the commies so hard that the government allow the 1% run them now wonder we don't have no universal Healthcare, better infrastructure, education, good public transit etc... because it doesn't instantly benefit them and they I remembered Dominos try to fix fit hole selling the solution to the problems they made as if they ove come what the stuff their doing

    • @johnhoo6707
      @johnhoo6707 Год назад +15

      Dealership owners are nowhere near the 1%. The vast majority of them are more akin to your mom and pop operation.
      Be more upset that members of your community will throw you under the bus for a profit the first chance they get.

    • @FirstnameLastname-yh2bk
      @FirstnameLastname-yh2bk Год назад +38

      That's because they ARE the government. You voted the lawmakers in

    • @joshjames22
      @joshjames22 Год назад +1

      Yup

  • @MrLegendra
    @MrLegendra Год назад +865

    Props to Tesla for changing this archaic law

    • @Jen-hen
      @Jen-hen Год назад +2

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @ThishandlefeatureISdumb
      @ThishandlefeatureISdumb Год назад +1

      It looks like the bots are back once again. Haven’t seen them in awhile. (I’m talking about the comments before me, not the original comment)

    • @silentdrew7636
      @silentdrew7636 Год назад

      ​@@apsoypike1956spam bots

    • @arifurr
      @arifurr Год назад +9

      Um what?

    • @dahorn100011
      @dahorn100011 Год назад +9

      @@arifurr I've no idea either.

  • @BensEcoAdvntr
    @BensEcoAdvntr Год назад +45

    I bought my car (a Chevrolet Bolt EUV) through what remains the only Mom and Pop dealer in my area. They have actually made it their niche to specialize in selling EVs and have previously been the #1 Volt and Bolt seller in my state. It was honestly a great buying experience. But unfortunately that seems more the exception rather than the rule

    • @KiRiTO72987
      @KiRiTO72987 Год назад

      Yeah I saw one dealer trying to add a 10k markup on a base model 23 Hyundai Elantra dealers are just getting absurd

    • @mattm7798
      @mattm7798 11 месяцев назад +1

      Nice, the only "mom and pop" car dealers I see now are little used car places, and most look shady as heck.

  • @SangoProductions213
    @SangoProductions213 Год назад +74

    In the modern age, these middlemen are no longer useful, and do not need protection.
    Back when you had to physically arrive at where you wanted to buy stuff from, dealerships played a pivotal role (even if the governments were fucking stupid, because that's what governments inevitably become). It's simply not the case any more.

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

  • @Amir-jn5mo
    @Amir-jn5mo Год назад +44

    Car dealerships are one of the worst parasites. Legit can't even buy what I want. If there is miraculously a stock of the car your looking for you have to deal with their bullshit random ass fees and markups because they can attitude. They are also to blame for every car model becoming gigantic as they are super incentivized to sell bigger and heavier gas guzzlers over traditional or even mini cars.

    • @alexsmith-ob3lu
      @alexsmith-ob3lu 7 месяцев назад +1

      Yes and no. It is really GM and Ford that made SUVs popular in recent years. Other car makers such as Mercedes and Toyota simply jumped on board because of how profitable it is to sell bigger cars that are less practical.

  • @asdf072xxp
    @asdf072xxp Год назад +22

    The Amazon car buying service is just a referral to traditional dealers. You still get the joy of sitting in the finance office while the price you agreed to with the salesperson mysteriously grows by $7000.

    • @dlewis9760
      @dlewis9760 Год назад +1

      Yeah, no idea why everyone is going crazy about it. Referrals were a thing 15-20 years ago.

  • @Pc118Gamer
    @Pc118Gamer Год назад +36

    I was shocked to see Dave Smith being mentioned in a RUclips video as a north Idaho native, I remember riding through the silver valley, from Mullan to Smelterville, and counting something like 30 lots owned by Dave Smith Motors, it's honestly incredible

    • @tpbforlife3323
      @tpbforlife3323 Год назад +1

      North eastern Washington and loved to see it!! We drive an hour and get deals there

  • @andys6004
    @andys6004 Год назад +16

    "30% less than than mississippi" damn never seen anybody take a jab at mississippi that quick

  • @davyc3
    @davyc3 Год назад +80

    ProTip: Watch this video at 1.5 Playback Speed.

  • @KingUnKaged
    @KingUnKaged Год назад +51

    I cannot begin to imagine the mindset of someone with enough money to buy a $100,000 pick up truck, but who is also willing to put the time, energy, and resources into buying plane tickets, flying potentially cross country, and taking a shuttle bus, just to get a bit of a bargain.

    • @hatemyusername13
      @hatemyusername13 Год назад +4

      Maybe those kinds of people have the money cus they know how to manage it.

    • @GrnXnham
      @GrnXnham Год назад +10

      @@hatemyusername13 Most people who are good at managing money don't buy $100,000 cars!🤣

    • @fortheloveofnoise
      @fortheloveofnoise Год назад +3

      ​@@GrnXnhamif they make ten times that a year they do

    • @dlewis9760
      @dlewis9760 Год назад

      @@fortheloveofnoise Change "They do" to "They can if they want to".

    • @Austdee
      @Austdee Год назад +1

      I’ve flown to buy used cars before! Key word is used haha

  • @Totenglocke42
    @Totenglocke42 Год назад +14

    This whole topic just infuriates me. There's literally no purpose in car dealerships existing, they simply jack up the price for customers and make the process more of a hassle than it should be.

  • @dwainavance
    @dwainavance Год назад +61

    I'm 54 and my whole life almost everyone I've known has thought car dealerships are sleezy. Granted, some dealers are better to deal with. They do work hard, are honest and do value your business. Too many others lie through their teeth, are lazy and take great pride in ripping people off.

    • @wafercrackerjack880
      @wafercrackerjack880 Год назад +7

      Dealerships add so much in car prices and give very little value to society.

    • @K-tw4wb
      @K-tw4wb Год назад +3

      Dealers are actually uselss

    • @redeyedmongoose2963
      @redeyedmongoose2963 Год назад +2

      I disagree, there are no good, honest ones…

  • @danzwku
    @danzwku Год назад +14

    10:52 "In Michigan, Tesla can “market” its cars by opening “showrooms” and offering test drives, so long as the actual “sale” technically occurs out of state.
    In Connecticut, Tesla drivers can lease but not buy. And in New Mexico, the company opened dealerships on tribal land, where most state laws don’t apply.
    In Texas, its cars must first be exported out of state and then re-imported to a local buyer. Tesla salespeople can’t legally mention prices or even direct buyers to the company’s website."

    • @thomasreese2816
      @thomasreese2816 Год назад +3

      Tesla has been fighting this battle across the U.S. for a decade. Other manufacturers and consumers greatly benefit from that fight

  • @InvestorAcademyPodca
    @InvestorAcademyPodca Год назад +65

    Bought a Tesla in November, single best car buying experience I've ever had. I'll never step foot on a dealership again.

    • @danzwku
      @danzwku Год назад +2

      in which state? did you have to deal with any of those laws?

    • @BraeburnTV
      @BraeburnTV Год назад +4

      Wait someone feels the need to tell everyone they own a Tesla? This never happens

    • @Sneakoz
      @Sneakoz Год назад +1

      @@danzwku Telsa deals with most of the law stuff themselves and the customers don't even know the things that tesla did to sell them the car.

    • @Effervescent_Smegma
      @Effervescent_Smegma Год назад +2

      Wait until you need service on that Tesla 😂

    • @Sneakoz
      @Sneakoz Год назад +4

      @@Effervescent_Smegma most likely under warrenty

  • @doujinflip
    @doujinflip Год назад +49

    Kinda wondering how much the concentration of dealership ownership contributed to the surge of prices on cars 🏷️🤔

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTERDIDNT ASK + MY ANIMATIONS ARE BETTER

  • @Erik-um1zn
    @Erik-um1zn Год назад +36

    This video fails to mention that the largest profit center for a car dealer is their finance department. In short, dealers can negotiate better rates with banks due to bulk borrowing, then charge a buy back rate to the costumers. Not to mention add-ons to the loan like gap insurance and myriad other unneeded “services” to pad the loan. Most car dealerships, like most airlines, have become banks themselves.

    • @InvestorAcademyPodca
      @InvestorAcademyPodca Год назад +2

      It was in the graph, but not called out as you noted. When you see a dealer making money from "finance/insurance" you know you are spending more than if you just went out and bought it directly - if you even wanted it in the first place.

    • @hagoryopi2101
      @hagoryopi2101 Год назад +2

      This is what happens when you protect industries from competition with excessive regulation. They get comfortable, and start cashing in on that security in ways that hurt the consumer.

  • @tomcruise6618
    @tomcruise6618 Год назад +8

    Recently a video went viral of a $55 million wedding in Paris, the bride is heiress to chain of Mercedes car dealership in Florida

  • @DSCKottawa
    @DSCKottawa Год назад +11

    It's not illegal in Australia though, car makers have their own showrooms. They're even mentioned on the number plate holder after the car is brought.

    • @JaseyRae
      @JaseyRae Год назад +1

      Or on the car plate holders if you opted out of getting the dealership ‘Y’ Series plates.

  • @Alexzw92
    @Alexzw92 Год назад +15

    This is why Tesla is legally not allowed to sell cars in some states. Because they don’t use middlemen dealers

    • @thomasreese2816
      @thomasreese2816 Год назад +4

      It used to be illegal in far more states, but Telsa has fought and won in most to reverse or gain exceptions from the draconian dealership laws

  • @Grunik975
    @Grunik975 Год назад +2

    Sometime around 2007 we decided to purchase a nice Chevy pickup. We visited 3 local dealers and had to suffer through their obnoxious sales routines. We knew there was a rebate offer for the vehicle, but they each claimed no rebates existed.
    Someone told us about Dave Smith. We drove 8 hours to visit the dealer, and it was quite amazing to say the least. They had the same truck for $5000 less than the other dealers. They also acknowledged the rebate offer as well. No pushy sales tactics and no back and forth on monthly payments.
    Just as we were getting into the vehicle, paperwork signed and all, the salesman came back out with an envelope. They found another rebate that they hadn’t realized existed, or it was a new one that day….not sure which. Either way, it was an envelope with $1500 cash.
    I hate the car dealer routine and refuse to go through it. I’ve since purchased multiple vehicles there and will continue to do so.

  • @lookingforsomething
    @lookingforsomething Год назад +129

    Polymatter is literally one of my favorite content creators. In this crazy world filled with opinions anyone creating quality content based on economics is welcome.
    Most people never even read the budgets and decisions they complain about. More information is a blessing, and Polymatter definitely spreads valuable info by bucketfuls.

    • @Jen-hen
      @Jen-hen Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

  • @no-damn-alias
    @no-damn-alias Год назад +1

    Very glad that Dacia in Europe exist.
    Their prices are fixed. You exactly pay the list price no discount or markup. If a dealer does that they loose their contract.
    Ok you have a destination fee but that was also not very high.
    Ordered a car in december 2021 and recieved it in april 2022.
    Paid 18650€ for seven seats, keyless entry, led headlights, propane kit installed, rear view camera and parking sensors, alloy wheels, rain sensing wipers, a specific colour, touch screen navigation, heated seats, cruise control and much more.
    Yes the engine isn't the most powerfull but it's a great familiy car.
    Dacia Jogger.
    Maybe some manufacturer should think about such a business modell too.
    In Europe Dacia is very popular for three reasons.
    The cars are very reliable and have a high resell value.
    Value for money is extremly high
    The customers don't feel cheated.

  • @89qwyg9yqa34t
    @89qwyg9yqa34t Год назад +4

    There's a lot of shady shit in car prices, like adding things such as back-up cameras and mirror lights, which ostensibly sell safety, but actually are unnecessary cost drivers. Any single car company is likely a bigger camera seller than GoPro, or Canon.

    • @hbarudi
      @hbarudi Год назад +1

      Back up camera and sensor and mirror lights should be after market features that you can buy from a separate company such as the tech retailer best buy offers such products.

    • @shrimpshrubbery7664
      @shrimpshrubbery7664 Год назад +1

      Backup cameras are legally required by law… and they make backing up so much easier

    • @89qwyg9yqa34t
      @89qwyg9yqa34t Год назад

      ​@@shrimpshrubbery7664 Vehicle deaths and accidents have increased since 2018, when the law was put into place. It's true that it's a law, but that doesn't change my statement. The mandatory cost just allows them to charge more for these features because... it's not like you have an option, right? Walking in public with a helmet is a lot more safe too, isn't it?

  • @majornerd
    @majornerd Год назад +1

    All of these conversations miss why dealerships exist in the first place - in the early 20th century there was no way for the auto makers to manage the logistics of selling and servicing their vehicles in the towns the buyers were in. So the dealer network was created. A local business designed to service the needs of the local customer. Then the auto maker only had to worry about the distribution of vehicles and parts (which were moved to a third party as well) and they (manufacturers) were immune from managing the local economics.
    Without the local dealers you would never have had small town dealers and (more importantly) warranty service available for people. Making car ownership that much more of a barrier for rural people.
    Today there is not as much need. Computer systems can manage the logistics to a level of perfection that no other method provides and with internet sales you can nearly eliminate the local new car experience completely.
    The only issue is service. If you think it is hard to get a service appointment from a dealer in your city, think about how hard it must be if you live in a town of 4000 people. Then think about if the decision wasn’t up to a member of the community whose family may have been doing it for 70 years, but a faceless corporation that doesn’t care about anything except the profitability matrix.
    It’s a complex issue and any easy solution will leave tens of thousands of losers. But the current method only makes an unfair wealth balance as well.
    So we need a not-simple solution.

  • @evanleo7633
    @evanleo7633 Год назад +21

    My dad bought a Tesla few months ago in NY, easiest car buying experience ever

  • @markw999
    @markw999 Год назад +22

    Part of the reason Dave Smith got so big was because my Dad bought millions of dollars worth of cars/trucks from him in the 70s/80s when Dad was a manager at Bunker Hill mine. Smith probably wouldn't have made it without those purchases. Dealers from everywhere tried to get Bunker Hill's business but my Dad stuck with the local dealer.

  • @jaritsu
    @jaritsu Год назад +4

    Car dealerships are not in the business of selling automobiles any more, they sell loans, primarily. The cars are almost completely immaterial at this point, except as a vehicle to sell somebody a high interest loan, where the dealership often gets a couple points on any loan they are able to facilitate via their vehicle sales.
    Try to pay cash for any car these days, or get financing on your own. The sales manager is not going to be happy, and will work extra hard to sell you on nonsense value-adds (like tinting, paint protection wraps, or theft recovery product) at 2x market rate. Because again, they farm out the tint/wrap to lowest bidder and keep 50% or more of the cost.
    Automotive sales need to go back to direct sales, and the sooner the better.

    • @Rocketsong
      @Rocketsong Год назад

      This is why you always negotiate a final price before you whip out your checkbook and buy it outright.

  • @geoffschulz
    @geoffschulz Год назад +2

    0:37 Why did you show listings of GMC Sierras when you were talking about Ford Superduties?

    • @KB-iz3xj
      @KB-iz3xj 6 месяцев назад +1

      And the specific town he's talking about doesn't even have a Ford dealer

  • @BaNaNaK1n
    @BaNaNaK1n Год назад +35

    “Ford Superduty”
    Shows a GMC

  • @aegisofhonor
    @aegisofhonor Год назад +1

    there is this little dead town in the south of Illinois but despite it's long time decline, it has a thriving new and used car dealership that spans a good 10 acres as you get to the north end of the town; Guetterman Motors. The dealership is almost as old as the dealership in Carbondale, 13 times it's size.

  • @sethc4758
    @sethc4758 Год назад +5

    great introduction! for some reason Kellogg, ID is a place thats always in the back of my mind. its just so unlike any place ive ever been. ive passed through many times, and its just such a bizarre place. i was unconsciously aware of the fact the town was just a giant car dealership. but honestly i never had even processed the town's name. if some said kellogg, id ask "where is that?", but if they said "the Dave Smith town" id say "ohh i know exactly where that is!"

  • @ConservatEV
    @ConservatEV Год назад +1

    I drive a Model 3 and live in Michigan. I took the train to Chicago, took an Uber to the Tesla showroom there, and drove my car back home. I live 20 miles away from a Tesla showroom in MI but… had to go 300 miles away to get one. So stupid!

  • @Kevin-oj2uo
    @Kevin-oj2uo Год назад +69

    And then we ask ourselves why the middle class doesn't exist anymore.

    • @SangoProductions213
      @SangoProductions213 Год назад +9

      Except... it does... But ignore that.

    • @houseplant1016
      @houseplant1016 Год назад +6

      ​​@@SangoProductions213No you only have upper-middle class, mid-middle class and lower-middle class people now :(

    • @SangoProductions213
      @SangoProductions213 Год назад +1

      @@houseplant1016 ikr?

    • @houseplant1016
      @houseplant1016 Год назад

      @@SangoProductions213 These middle men should be brought to the ICC for doing that

  • @rdumiak
    @rdumiak 11 месяцев назад +1

    Why throw Toyota into the title and go into detail on Jeep/RAM, Ford and GM? This would have been a great opportunity to discuss Toyota's distribution system, how if differs from US automakers, and how they're shipping many of their less expense cars off shore.

  • @metallurgico
    @metallurgico Год назад +6

    I though Kellog would sell breakfast cereals.

  • @davidw3709
    @davidw3709 7 месяцев назад +1

    Let's say the dealerships go away, and cars are slightly cheaper, maybe even a full 10%.
    It'll be the same result as shipping manufacturing to China, lower cost, lower quality consumer products and devastated towns.

  • @_Pyroon_
    @_Pyroon_ Год назад +3

    Just FYI, Oregon no longer has mandatory assisted pumping, hooray! This means we won't look 'special' when we go to Washington/Cali

  • @Kris18
    @Kris18 Год назад +1

    1.5x speed is best for this narration. 1.75x if you like things fast.
    The short answer is lobbying, but things are starting to change slowly.

  • @313Nadir
    @313Nadir Год назад +11

    where's the "free market" ?

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER

  • @bricefleckenstein9666
    @bricefleckenstein9666 11 месяцев назад

    0:33 and 0:50
    Right off Interstate 90 = not exactly NOWHERE.
    Note that the Spokane airport is on the FAR SIDE of the Spokane Metroplex from Kellog - likely 20-30 minutes of that "hour drive away" is within the Spokane area.

  • @stacybehrens7152
    @stacybehrens7152 Год назад +6

    I just bought a car from a well known car company that doesn’t use dealerships. Best buying experience for a car ever. No hassle, no negotiations, no sleezy middleman markup, no finance scams, mostly done online, courteous and responsive representatives, exactly as described.
    Never buying from a dealer again if I can avoid it. They are useless and expensive and untrustworthy.

    • @johndong7524
      @johndong7524 Год назад +1

      What about warranty repairs? Where are you taking your car for that?

    • @stacybehrens7152
      @stacybehrens7152 Год назад +2

      @@johndong7524 To the company I bought it from. They have a service center well equipped to do repairs 10 miles from my house. Not a concern.
      Car dealers are nothing more than unnecessary middlemen who add cost and subtract value. They are an anachronism that needs to disappear. The sooner the better.

    • @johndong7524
      @johndong7524 Год назад +2

      ​@@stacybehrens7152 Thanks for proving my point and showing everybody you don't know what you're talking about. What about all the people who live far away from the service center? They can't reach it just as easily as the traditional dealerships which are virtually everywhere within a quick drive. I know it's not a concern for YOU, but it is a concern for many many other people. What happens if your car breaks down far away from the center or you move where the service center is not available? What about people with a trade-in who don't want or can't to sell their car themselves? What about people who can't order online, like some elderly people who are not very comfortable with modern technology? What about the people who need a car fast, like today? What about the people who want to take advantage of savings by negotiating a good price and getting a good deal on dealer's financing due to the high competition among car dealers? You might not like car dealerships personally, but they are an absolutely necessary and integral part of the car owner's life. Lastly, the service center and the show room for your precious Tesla or Rivian are essentially the same thing as a dealership. It's costing manufacturer a lot of money to run those. Who do you think they will pass the expense onto? YOU.

    • @LegionOfEclaires
      @LegionOfEclaires 11 месяцев назад

      @@johndong7524 There are more repair shops than dealerships and they're usually cheaper than the service centers at dealerships...
      Got a car that you don't want, sell it on the private market. Which by the way, newspapers still exist or hell, the old fashioned "for sale" sign in the window works.
      The money "saved" from financing isn't coming out of the money the dealer paid for the car. That's coming out of the money they added (markup) to that cost. Middleman still gotta make a profit lmao...
      For the record, without dealerships, manufacturers could and would open up their own lots to sell their cars to people. They would still operate similarly to the dealership as they still need to sell cars. The difference is, you're not being slapped with additional markups from an independent middleman who did not provide any additional value or service to the car. This by the way, still allows the opportunity for trade-ins even though it wouldn't be ideal.
      The trade-in is definitely one of the better arguments in favor of dealers but it's not a perfect one. Like I said, the manufacturer could still allow trade-ins and either resell the car themselves or scrap/recycle it for parts.

  • @rickwatford4573
    @rickwatford4573 Год назад

    I worked at a dealership for 4 years. I quit due to the hours they require from their sales consultants and the unscrupulous pricing with add ons, bait and switch advertising and markups. The business there is slow and the lot is overflowing with cars. I feel like dealerships are on the same path as Blockbuster was.

  • @999benhonda
    @999benhonda Год назад +4

    It is crazy that a distributor makes the same, or even more profit than the company that produces what they distribute. You gotta love how the laws won't be changed because the dealership benefits an area, even though it harms all who have to shop there.

  • @n118nw
    @n118nw Год назад +2

    Dealers in the US are a pristine example of corporate greed. Milk as much as you can from the buyer, refuse to fix their vehicles, and when a company like Tesla that makes a better product, more affordable car, and a more positive environment at a showroom, you adjust your prices adding outrageous "dealer markups" or "market adjustments" which you then blame Tesla for causing and absolutely zero responsibility for your own greed ... in effect, it's the opposite of capitalism, which relies on the public and market to determine the fate of a company.

  • @komodoensis-rex
    @komodoensis-rex Год назад +16

    Buying a Hyundai from Amazon is not directly from Amazon- they send your order to a dealer who has the car in stock and then they carry out the sale and arrange shipping to you (is my understanding)

  • @Nightshade-dh9fm
    @Nightshade-dh9fm 11 месяцев назад +1

    Tesla's are some of the least reliable vehicles on the road, the dealers would still have plenty of business repairing them, however they require a more skilled workforce than conventional mechanics, so that lowers the pool of eligible workers, making it harder for the dealer to staff, and also makes their time more valuable meaning they will need to pay them more.
    I don't blame a single one of those dealerships that tried to convince buyers not to buy an EV, they have their niche use case, but by and large they are junk and cannot compare to a conventional vehicle.

  • @aircraft2
    @aircraft2 Год назад +23

    You also cannot import cars unless they are a certain age (in the US and Canada at least) making sure that you will be forced to buy these marked up overpriced hunks of junk.

    • @TheMysteryDriver
      @TheMysteryDriver Год назад

      Import them through Vermont or Oregon as farm equipment

    • @dahorn100011
      @dahorn100011 Год назад +4

      Car dealserships were angry that people were inporting cars from Europe and self fitting the US required bumpers, lights etc
      So instead they lobbied Congress to impose the 25 year rule. Unless youre Bill gates. Then he fought for an exception to the 25 year rule for his Porsche 959. So the show and tell exemption allows for rare or note worthy cars to bw inported only. Contingent on them doing like less than 3k miles a year.

    • @d.b.cooper1
      @d.b.cooper1 Год назад +1

      Freedom baby hoorah

  • @ethan20559
    @ethan20559 Год назад +2

    So let me get this straight, people would buy a car thats cheaper in Idaho, then what? Drive all the way back which alone might close the gap in the price of buying local???

    • @InvestorAcademyPodca
      @InvestorAcademyPodca Год назад +1

      Yeah, it's a vehicle after all. The other thing they have beyond price is selection, they gobble up all the vehicles so you can often not get what you want locally and are forced to fly there.

    • @Rocketsong
      @Rocketsong Год назад

      I could have saved about $2k on my last car by buying in Iowa instead of AZ. But, it would have cost me $1600 to have it shipped here. Decided it wasn't worth it for $300-400.

  • @SylviaRustyFae
    @SylviaRustyFae Год назад +3

    7:55 As an Oregonian, i must pt out how while these gas pumping laws were indefensible on their intentions; they actually have resulted in an unintended benefit that i think makes them worthy of preservin (or else just enshrinin in law smth requirin this anyways)
    They act as theft deterrence for gas stations bcuz there are always two employees required by law, while the gas station operates, even in the late hrs when an employer wud ideally wanna have one employee... Ofc this is detrimental in more rural regions bcuz it can mean that gas stations are just closed after like 8-10pm or so
    Howevs, on that last part i know Oregon did see recent law changes to make it easier for such locations to offer self serve; whereas it used to be only an option at truck stops with pumps prty much
    Oh, also on bein an Oregonian, i remember well the time in my early 20s i was takin a road trip to Washington for a LARP event with some new friends; and bein able to save the day when they pulled into a gas station and no one else had a clue what to do xD
    I lived in cali for a few yrs in my tweens; so i knew what to do, but its kinda hilarious that there were 4 other adults, one older than i was, and a teen there and not a one of them had a clue on what to do there. And not a one had considered lookin it up first bcuz they just nvr considered the fact that Oregon was the exception on gas pumpin xD

  • @zerocooler7
    @zerocooler7 Год назад +4

    I can't stand having to go to a car dealer. So many of the salespeople there embody so many of the worst troupes and stereotypes that people think of when they think about salespeople. I don't like haggling but it's necessary when trying to get a car, unless you want to end up paying more than you have to pay. And then they take you to the finance department where they try to stick you with so many add-ons and extras, all of which is just pure profit for the dealership.

  • @Hakker1337
    @Hakker1337 Год назад +28

    Nada is a great way to describe what they’re doing for society

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER.

  • @jonathanlewin1
    @jonathanlewin1 Год назад +1

    The second dealership you showed is in Aventura Florida, I you just tilt the camera 90° to the left, you'd see it's not a small town

  • @cetriyasArtnComicsChannel
    @cetriyasArtnComicsChannel Год назад +25

    How is forcing a middle man a good thing? If we're changing fees for realtors we should change fir dealers

    • @knightsljx
      @knightsljx Год назад +3

      this is U$A we're talking about here

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER

  • @JJ-si4qh
    @JJ-si4qh Год назад +15

    I worked as a mechanic at a dealership when I was younger. Sales people truly are the worst

  • @totoroben
    @totoroben Год назад +8

    My main vehicle is an ebike, and i bought it online via a direct to consumer business. Honestly I'd leapfrog the argument about car dealerships and say that car dependency is largely the problem, in that we don't usually have a choice to not drive as Americans. There should be better alternatives in the form of buses, trains, and bicycle infrastructure, and then we wouldn't be beholden to these seedy businesses.

  • @speer320
    @speer320 Год назад +19

    Auto dependency from the top down has never been consumer choice. All a structured market to keep autos profitable.

    • @rafaelbermudez1406
      @rafaelbermudez1406 Год назад +3

      Cars are nice but making them the only viable way of getting around in many places shouldn't be a thing. Socially you may even be looked down on for not having one.

  • @buggydclown7724
    @buggydclown7724 Год назад +28

    Land of the free and the brave, unless companies with political ties can't profit off you, then we'll get the government to force you into giving us your money

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @HelperUTTP
      @HelperUTTP Год назад

      DIDNT ASK + MY ANIMATIONS ARE BETTER

    • @d.b.cooper1
      @d.b.cooper1 Год назад +1

      Literally the least free market country (vs their reputation) out there when you look at sheer lobbying power, policies & even their global trade policies.

  • @DumbInvestors
    @DumbInvestors 11 месяцев назад

    Wow Kellogg is a random place to mention. I’ve stayed there for a snowboarding trip multiple times. It’s really random to see all those cars in the middle of nowhere

  • @Tobi_Jones
    @Tobi_Jones Год назад +6

    i am pretty sure dealers are universally disliked. Such an unpleasant buying experience, not to mention they often try to scam you with ambiguous fees and useless warranties

  • @BugGenerat0r
    @BugGenerat0r Год назад +10

    There’s a reason they’re called “stealerships”

  • @alg003
    @alg003 Год назад +21

    There NEEDS to be heavily restrictive regulation on markups and anti consumor profit motives. NADA needs to be abolished and dealers should be abolished or heavily controlled by the company they operate under.

    • @TheSteinbitt
      @TheSteinbitt Год назад +7

      Or maybe, just a crazy thought, less government regulation creating monopolies and bizarre incentives?

    • @InvestorAcademyPodca
      @InvestorAcademyPodca Год назад +1

      @@TheSteinbitt Exactly, why would we grant monopolies for consumer goods? Let the manufacturers, dealers and consumers sort out what is best.

  • @marcoklaue
    @marcoklaue Год назад

    Not sure I understand the business model here... car buyers from all across America will fly to Spokane, shuttle to Kellogg, buy a car (or pick up a car already bought), and then drive back home?
    I could see it if they live in Idaho or even a bordering state... but further afield than that? Is it worth the time, money and hassle? Is it THAT MUCH cheaper than buying at the local dealer?
    I probably misunderstood.

  • @1ohtaf1
    @1ohtaf1 Год назад +3

    Although the cost of servicing an EV is generally lower, the difference isn't night and day, for example in the first 6 year service life of the car, an MG 4 Excite 51 will rack up a service bill of $1499 while a Toyota Corolla ZR Hybrid hatch will rack up $1605, a difference of $106 over the 6 years (These are Australian figures). Dealers also have the benefit of locking in EV customers with servicing (and repairs especially) compared to an ICE vehicle.

    • @Rocketsong
      @Rocketsong Год назад +1

      My buddies Tesla actually has higher maintenance costs than my Ford once you account for tires. The extra weight makes tires wear out about 25% faster. He's already due for tires at under 25,000 miles, and my Boss's electric Mercedes needs new rear tires after 17,000. One extra set of tires in 100,000 miles costs more than all the oil changes and brake jobs I'll ever need.

    • @LaneyTheOne
      @LaneyTheOne Год назад

      but if anything happens to that battery pack you'd probably end up buying another car

  • @marktheshark8320
    @marktheshark8320 Год назад +2

    I remember growing up in Seattle hearing the radio advertisements for Dave's in Kellogg, Idaho... back when AM/FM radio was a thing.

  • @jigglefloyd
    @jigglefloyd Год назад +8

    PolyMatter got screwed by a dealer and this is how it pays them back

  • @howkinsey
    @howkinsey Год назад

    watching the preview caught me so off guard because my home town isn’t far from Kellogg. many of my peers’ parents and even people I went to high school with now work there.

  • @TheHipClip
    @TheHipClip Год назад +14

    What's MSRP? You'll pay a 50% dealership upcharge and you'll like it!
    Wait, the pandemics over, manufacturers produce normal amounts again and we can't get rid of our overpriced, aging "new" models? This is the point we're at right now and dealerships are going under!

    • @TheMysteryDriver
      @TheMysteryDriver Год назад

      Where are they going under?

    • @TheHipClip
      @TheHipClip Год назад +1

      Everywhere in the US. Look at vids from car questions answered, Scotty Kilmer, etc. Many dealerships buy cars from manufacturers with credit. They can't sell their overpriced inventory and have to pay for maintenance, rent, staff that can't make a sale.

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER

    • @Rocketsong
      @Rocketsong Год назад

      Inventory is actually still lower than pre-pandemic levels. Pre-pandemic average inventory was 80-90 days. It's sitting at 60-70 days right now, except for EVs, which are at 90 days.

  • @drewvola2804
    @drewvola2804 Год назад +1

    12 minute video, ads at the beginning, two ad breaks in the middle, and then an ad read at the end.

  • @Heynmffc
    @Heynmffc Год назад +7

    “FrEe mARkEt”

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER

  • @yellowcrescent
    @yellowcrescent 6 месяцев назад

    I would much rather buy a vehicle directly from Toyota, Honda, etc. than have to deal with a dealership. They really only provide two services: 1) test driving vehicles prior to purchase and 2) after-sales service. Although the "free" after-sales service is usually just simple things like annual inspections and oil changes, which is funded by you the buyer anyway. My annual inspection + oil change and tire rotation, etc. on my 2011 Rav4 costs me around $80 from the shop around the corner from where I live, so I'd much rather go there.
    Let the manufacturers undercut the dealers. If the dealers want to charge more, they are going to have to earn it and have a good enough reputation that people will want to buy from them instead of the manufacturer directly.

  • @AcuraLvR82
    @AcuraLvR82 Год назад +7

    The model of the American car dealership is already scandalous enough as it has been for decades. But I feel as though their greed is what is doing them under. Mainly when it comes to the "market adjustment" aka dealer markups they are adding onto prices these days. People are quite frankly tired of it and some would rather drive an older vehicle into the ground than to put up with that miserable experience of buying new from a dealer.

  • @parmesanzero7678
    @parmesanzero7678 Год назад +2

    Ashland, Oregon is not exactly a “quiet little town of 6000 people.” There are a lot of people that live in the unincorporated areas and the town itself is a destination for many.
    It’s also not illegal to pump your own gas in Oregon any more.
    Given the quality of research here, now I doubt a lot of your other information.
    Also, why do you talk like THiiiiis. For every SEntaaaance. Everything you SAaaaay.

  • @Nostalgiaminer
    @Nostalgiaminer Год назад +3

    Yoooo I'm a sales consultant at DSM. It's wild to see half the valley at work every day. Sell close to cost and #1 comes naturally through repeat and referral. Truly a unique spot. Cmon down and ask for Evan! 😂

  • @Mike__B
    @Mike__B Год назад

    It's funny I can go on say the Toyota website, find a car I want, pop in options, color scheme, and get an actual price. Then what... I still have to go to a dealership to get the car? How much of a percentage upcharge is the dealer getting for doing literally nothing except saving a parking spot for the car?
    So the problem with dealers is that they're really not doing anything, my last experience about 6 years ago was that we wanted all weather mats in the car, due to a child this was non-negotiable. The color my wife wanted was also high up there but wouldn't you know it, the color she absolutely hated had the mats and the one she liked didn't. So my question for them was why can't you just swap the floor mats? It's the exact same make and model just in a different color, you can't print up a new sheet to show that they have different mats? What there are laws against that? (they claim) yet the same dealership can add foam trim around the doors and market it as a "scratch protector" for $400 (and also claim they can't remove it).

  • @dog-ez2nu
    @dog-ez2nu Год назад +3

    This country loves monopolies.

  • @pelethites
    @pelethites 9 месяцев назад

    Had a recall issue dealt with at the dealership and was recommended $6K+ in work and yet they failed to identify my rear wiper needed replacing despite their 20 point inspection that found no issues with the car or the wiper blade. Was their a wiper issue? Yes, the blade was hanging off the wiper 😂 Classic dealership.

  • @tombaily29
    @tombaily29 Год назад +4

    Literally live long enough to become the villain.

  • @randy74989
    @randy74989 11 месяцев назад

    Well, that's because the dealer associations lobby their state legislatures and control distribution of vehicles to the public, UNFORTUNATELY. They do employ folks; however they are ripping off their customers with add-ons and above MSRP pricing that the manufacturers can't control.
    I was able to purchase last April, a 2023 Lexus and negotiated it below MSRP and felt fortunate and that included dealer add-ons. And, I drove 300 miles to get her and traded in my 2014 diesel Mercedes SUV for a fair price (saved on taxes). If you can't negotiate a fair price, walk away unless you a desperate, period!

  • @StewartHiles
    @StewartHiles Год назад +3

    Wow f this garbage, I'm definitely never buying a car through a dealership.

    • @OfficerAtomZee
      @OfficerAtomZee Год назад

      DIDN'T ASK + MY CONTENT IS BETTER THAN POLLYMATTER

  • @robertknight4672
    @robertknight4672 Год назад

    In Massachusetts there's a highway with a ton of car dealerships on it the dealership's on it. It's called the Boston Providence Highway are some people simply call it Route 1 (pronounced root). Many of the Ernie Boch car dealership commercials from back in the day used to say come see us at Route 1 on the Auto Mile because the car many dealerships spanning across 4 towns.

  • @TheSteinbitt
    @TheSteinbitt Год назад +24

    Never underestimate the governments ability to ruin markets.

    • @InvestorAcademyPodca
      @InvestorAcademyPodca Год назад +6

      Nothing like an unregulated monopoly to really help the consumer.

    • @tann_man
      @tann_man Год назад +2

      ^An oxymoron that has never existed

    • @FormerPessitheRobberfan
      @FormerPessitheRobberfan Год назад +1

      ​@InvestorAcademyPodca monopolies only arise from government regulation. Think

    • @TheDanorte
      @TheDanorte Год назад +2

      Thats the exact opposite of what happened. Hell, the US barely has a government. Your corporations regulage themselves. This is an example of this.

    • @TheSteinbitt
      @TheSteinbitt Год назад +2

      @@TheDanorte did you even watch the vid?

  • @patrickchubey3127
    @patrickchubey3127 11 месяцев назад

    At first, new cars were unaffordable, driving lower income people towards buying used cars. Then, dealers got greedy and jacked the price of used cars to almost new car prices. That's where we are now in Canada with no relief in sight. Dealers can go to hell, I'm keeping my older model car for a few more years yet. Manufacturers don't need dealerships, they need customers. Customers don't need dealerships, they need cars. Cut out the middle man, save money.

  • @randomperson6988
    @randomperson6988 Год назад +5

    I really hope we see these dealerships face more real competition

  • @robertchen4673
    @robertchen4673 Год назад +1

    2:20 Reminds me Jim Pattison of Vancouver filthy oligopoly complex

  • @Rascofresco11
    @Rascofresco11 Год назад +13

    Imagine if one entity controlled all aspects before it gets to the consumer.. would that be called a Monopoly?

    • @crash.override
      @crash.override Год назад +4

      No, it's called a direct-to-consumer business model. Like so many brands of other items where you can buy directly from their website.
      You can argue it's vertical integration, but that's hardly monopolist, considering the number of automakers today.

    • @Rascofresco11
      @Rascofresco11 Год назад +1

      @@crash.override There was a guy named Theodore Vail, I’m almost certain he was thinking the same thing with his company. _Then came ‘74_ and here we are today.
      I feel it’s a double edged sword. Almost like a process server(public servant)