NO ONE is Buying Budget Cars Anymore

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  • Опубликовано: 17 дек 2024

Комментарии • 59

  • @smokeyj3983
    @smokeyj3983 Год назад +25

    People in America don't buy cars for just transportation, they want a status symbol.

    • @youtubesucks8024
      @youtubesucks8024 Год назад +1

      ✨ Mitsubishi Mirage ✨

    • @paulcanon5533
      @paulcanon5533 Год назад +2

      Many do, you are correct. I drive a 2002 Dodge Ram with 270,000 miles on it.

    • @gym_bob
      @gym_bob Год назад +6

      My ego's not that big. I just want a car that gets me from point A to point B as cheaply as possible.

    • @smokeyj3983
      @smokeyj3983 Год назад +1

      @@gym_bob right! I bought a Ford maverick in December. Cheapest truck I could find. Friend makes fun of me because he has a $60k bmw. Guess what he always asks for help with moving heavy or big items from stores to his house. Funny thing is I'm always busy those days let him pay $200 for delivery.

    • @sniggitty
      @sniggitty Год назад

      @@smokeyj3983 right, because people need to move heavy bulky items on a daily basis. Waste of wealth. Rent a truck when you need it. Get something that cheaply takes you from A to B. That’s what cars are really good for. Trucks and BMWs are great ways to waste future wealth.

  • @chappo2000
    @chappo2000 Год назад +9

    A factor not mentioned is just the fact cars are getting more expensive. One reason is standard safety features that weren't always available.

  • @paulrutkowsky6979
    @paulrutkowsky6979 Год назад +1

    Have you seen the crash tests of these subcompact economy cars; just like you said, “they’re crap” !
    According to crash test engineers from both the NHTSA and the IIHS, in an automobile collision, mass always wins. With many people currently driving around in large heavy SUVs or electric vehicles much heavier than their non-electric variants of equivalents (due to heavy battery packs), what would you rather be driving around in when you’re struck by one of these much larger/heavier vehicles ?

  • @paulcanon5533
    @paulcanon5533 Год назад +11

    Sad for average Americans.

  • @5255andrew
    @5255andrew Год назад +6

    You forgot to mention that a lot of these cars are discontinuing due to the electrification of future models. They’re basically converting some of these to EVs

  • @leatherhitman7401
    @leatherhitman7401 Год назад

    Cars today have gotten significantly harder to repair yourself. Practically its dealership or manufacturer with most of the tech. Older vehicles are being scrapped and destroyed, parts are nearly impossible to find and replace. Yet we're buying vehicles the cost of a home renovation. Most are leasing to rent instead of able to buy and own.

  • @TheLifeHustle
    @TheLifeHustle Год назад +4

    It's hard just trying to get a $25,000 max OTD price! Then it doesn't help that dealers want to add these $2,000+ dealer add-on's. I'm like that defeats the purpose of buying a "cheap" new car. So I found a dealer that only charge MSRP & settled on getting the new Chevy Trax.

    • @sniggitty
      @sniggitty Год назад +1

      Never buy the first generation of a new build. You will be very sorry! Especially with American cars (which are probably made in Mexico! 🙂!)

  • @davidd.8256
    @davidd.8256 Год назад +2

    CAFE standards killed the sedan. People migrated to SUVs for safety and roominess. Then budget buyers didn’t want to be killed in an accident by a PU or SUV so they started buying affordable SUVs to combat. Not to mention the massive weight of EVs. People just started going bigger and bigger and bigger. Pretty soon we’ll all be driving dump trucks. It needs to end somewhere. Sad there are no more affordable zippy little cars people can buy.

  • @jordanimatedstreaming
    @jordanimatedstreaming Год назад

    In addition to the reasons mentioned in the video, Americans don't buy smaller, cheaper, more efficient vehicles because of safety. All of the heavy trucks and electric vehicles on the road that are only getting heavier every year make driving a small car dangerous. All of the active and passive safety measures can't override the fact that increased mass increases force of impact. If you are in a small enough of a car and get hit by full size pickup truck there's only so much that safety measures can do. In the past, likelihood of injury wasn't necessarily greater for smaller cars than for bigger cars, because both had little to no safety systems. Fast forward to the present day, and we have very recently reached a point in human history where the safest vehicles on the road can provide occupants with a very high level of likely survivability. The differences in likelihood of serious injury in a crash in a Chevy Sonic versus a Volvo XC-90 are like comparing likelihood of serious injury of skydiving without a parachute versus skydiving with one.

  • @boondoggle4820
    @boondoggle4820 Год назад

    SUVs now = the minivan of the 80s.

  • @haywood4299
    @haywood4299 Год назад +1

    Americans are terminally stupid when it comes to cars. We will put ourselves into massive debt to buy a huge SUV that 99% of time transports one person to trader joe's. The loans I see people taking out are like what a mortgage was 10 years ago.

  • @Xander1Sheridan
    @Xander1Sheridan Год назад +2

    no one except Mitsubishi is selling them either. I would love to buy a Toyota Yaris for $13,200 like I did in 2007.

  • @mikefennema5561
    @mikefennema5561 Год назад

    You are missing the point. For taler or larger people and young families, they are looking for a mid sized sedan at a reasonable price. Many people are craving simpler reliable maintainable cars. I would jump at a car the size of an older Camry or Accord that has crank windows, manual door locks, and none of the compicated hard to maintain options like traction control, stability control, electronic parking brake, tpms, cvt's and back up cameras. I realise some of these things are mandated, but the agencies that mandate these things need a reality check.

  • @12mtc4983
    @12mtc4983 Год назад

    Me and my little chevy cruze are in it for the long haul it looks like

  • @partciudgam8478
    @partciudgam8478 Год назад

    Budget cars had something in their favor, they were also cheap to mantain, the Volkswagen philosophy, as stated by A.H., make a car that is cheap and easy to acquire, easy to mantain with the tools a common tool kit has, and cheap to use, it worked for the beetle, the tata, etc.
    fashionable cars like the SUVs are glutton of gasoline, having a 200+ hp engine for city use makes no sense, and are a pain in the a** to park, besides, you pay for things you don't use/want (all cars are now automatic, because people is too dumb to use a clutch), have subscription services for things that already are installed and don't need it, like warmed seats, (which I personally don't want, and can't find a simple car that has them not installed, so is a no go)...
    and warranty is void when you have a mechanic outside of the dealer fix it, gotta love the brave new world.

  • @kendu52
    @kendu52 Год назад +1

    I’m confused, banks are tightening credit severely, 50% of the population doesn’t have $1,000 saved for emergencies, large dealerships are being hit with increasing floor plan costs. So OEM’s are going to let their most expensive vehicles go to auction, to be sold at a loss? As my grandfather told me “ that dollar in your pocket is worth more than the $10.00 promised by your brother”.

  • @boondoggle4820
    @boondoggle4820 Год назад

    Why is everyone buying SUVs nowadays? I had a rental SUV for several weeks and I was happy to have a vehicle to get me from point A to point B, I much prefer driving a sedan. It’s one of the many ways that I differ from most Americans I guess.

  • @ArtisticHH57
    @ArtisticHH57 Год назад +8

    This is why less teens than ever are getting their licenses

    • @partciudgam8478
      @partciudgam8478 Год назад

      or being motivated to learn mechanics (I learnt basic car service, installing an alarm and some extra brake lights on a basic entry level car, that motivated me to become an engineer)
      of course, all the newer manuals say is "take it to an authorized dealer", seems like the path to Idiocracy

  • @EchoMeToo
    @EchoMeToo Год назад

    We have always been buying budget cars. The last time was the cheapest possible base Corolla MT (slightly over 20k), the Toyota company refused to build so we cancelled the order and bought a used car for less. The all good days are gone.

  • @danielmartins9901
    @danielmartins9901 Год назад

    A 2020 HYUNDAI FOR 18K!!!???? WHERE!?!?!

  • @Slowcarfastbeans
    @Slowcarfastbeans Год назад

    Mercedes G-wagon is the new budget car…whole budget.

  • @LicPlate8VPL158
    @LicPlate8VPL158 Год назад +7

    Hot Take: Unless the customer deliberately orders a custom car from the manufacturer, car buyers should NOT be forced to pay for destination fees. Dealerships wanna order from the factory? Fine. But don't force that shit on me. I wasn't the one that ordered. You did. You pay it. Not me.

    • @connor_flanigan
      @connor_flanigan Год назад +1

      what difference does it make who orders it? boats, trains and trucks don't ship anything for free.

    • @LicPlate8VPL158
      @LicPlate8VPL158 Год назад +1

      @@connor_flanigan because we are not forcing them to order from the factory, again, unless we specifically ordered a custom build ourselves. They should foot the bill for that destination charge. not us. pay the bill, don't pass it along.

    • @connor_flanigan
      @connor_flanigan Год назад +1

      @@LicPlate8VPL158 so if it doesn't come from a factory, where does it come from and how does it get to the dealer? based on your level of intelligence, can I assume you attended a government school in the USA?

  • @Gracie18841
    @Gracie18841 Год назад

    didnt we see this in the early 90's and the car market reacted always 2 to 3 years to late

  • @diamozila
    @diamozila Год назад

    Interesting review on cars market, would like to know your opinion about automakers switching to EVs

  • @RoxyJill
    @RoxyJill Год назад +1

    Some factors to consider: legacy auto makers are going to all EV, the demand is not in sedans anymore, car sales have hit a slump because of high interest rates, and with Teslas tax credit people are buying more EV because the laws are inacting all new cars to be EV by 2030 so ice cars are going away. I know some people are trying to get the EV law to be inacted by 2035. If that goes through, laws on ice cars to pass emissions will have be harder to actually pass. I liked hearing you out and it was interesting

  • @AyAy008
    @AyAy008 Год назад

    Lots of things to blame for this terrible economy- no. 1 being a corrupt career politician who's nothing but a senile old guy now.

  • @super8mate
    @super8mate Год назад

    Quoting “Out the door” prices that do not include sales tax = ‘Merica!

  • @Pernection
    @Pernection Год назад

    The Chinese brands would fill in the low end if they are allowed in the market

  • @LuneUnion
    @LuneUnion Год назад +1

    Good analysis with one potential issue and it's one of supply. How many of the cars that are being discontinued (seemingly because of low sales) are available for sale in any volume? For example, the Ford Maverick (the most affordable of Ford's trucks) has been tough to find for much of the year even while their up trim F-150s, et al balloon in inventory. Not saying that this is the case with the Mirage, et al, but when you quoted the sales numbers, I had to wonder how many were available in the first place.

  • @extendedplay8830
    @extendedplay8830 Год назад

    Great video
    Good job 👍🏿

  • @danielmartins9901
    @danielmartins9901 Год назад

    The Maxima is ending?!?

  • @evalina98000
    @evalina98000 Год назад

    🛌💤💭 If I had a $20k (cash) budget... I'd get another Prius 😎🌺

  • @user-fx8bq1rk7c
    @user-fx8bq1rk7c Год назад +4

    Kia needs to change too many break in a big lawsuit . I was with Kia when they first came out but I wouldn’t buy from Kia ever again until they change

  • @KA9DSL
    @KA9DSL Год назад +2

    This is sad for the low to mid income customers. The age of glorified farmer trucks will come to an end just like the Pet Rock. There selfish, it's always the $$$$$$$$. Oh, I forgot about the high interest rates.

  • @connor_flanigan
    @connor_flanigan Год назад +1

    your hair 🥰

  • @jillfranklin7377
    @jillfranklin7377 Год назад

    The Telluride is still a Kia....a dressed up Kia. It truly amazes me that ppl will pay $35, 000+ for a Kia. They are trying to mimic the interior of the Audi and the Body of a Land rover......poorly. They look nice from a distance, but are obviously cheap on inspection. The engine in the Telluride is sluggish and rough. Ppl buy for status these days? Obviously not....they're lining up for Kias and Hyundais. The only reason these vehicles are popular at the momemt is internet and marketing hype. No thanks.....I'll keep my Audi, Chrysler and Chevy LOL!

  • @TheFoxalot
    @TheFoxalot Год назад

    Do you think at some point, when getting a newer car for your fleet, will you exclusively be looking for SUVs? Or car cars will still be relevant for Turo in your opinion? Ty and great video as usual!

  • @level80888
    @level80888 Год назад +7

    nobody to blame, customers voted for Biden.

    • @missmaryjanegreen
      @missmaryjanegreen Год назад

      Obviously you’re an uneducated individual

    • @sniggitty
      @sniggitty Год назад +4

      Hey, send Trump and Giuliani some money for their legal fees! 🤣🤣🤣🤣

    • @Jekyll_Island_Creatures
      @Jekyll_Island_Creatures Год назад

      @@sniggitty You celebrating politically motivated charges is demented.

    • @nsbioy
      @nsbioy Год назад

      Wut?

  • @youtubesucks8024
    @youtubesucks8024 Год назад +3

    The Mitsubishi mirage has 78 hp 😑 of course no one is buying this. I’m sure people would buy these if they were priced in the $5-9k range.