CRISIS! Why Car Prices Are Going Up In 2025

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  • Опубликовано: 8 янв 2025

Комментарии •

  • @brucesmith8486
    @brucesmith8486 18 часов назад +45

    There is almost too much technology at this point where it’s almost annoying. I drove in a 20 year old car recently and realized how much more relaxing it is not having all these screens in your face.

    • @churchking2527
      @churchking2527 18 часов назад +2

      I just got a new Bronco Sport and the interior looks like it's from 2018. Small display with limited functionality, buttons and knobs everywhere, speedometer and tac with a small adjustable display in the middle.
      The other Fords have the much bigger Sync4/5's now, with everything on the screen.... but I really just prefer it. It's tiresome and gives me motion sickness trying to get through screens, reading menus, to find settings for cruise control or lane assist.

    • @dava00007
      @dava00007 17 часов назад +4

      I had a similar experience, car with basic "car functionality", no big color screen, etc.
      I loved it.

    • @jsz2619
      @jsz2619 15 часов назад +2

      I drove my friend's 2024 Rav4 XSE Hybrid and the gauge cluster had so much information, I didn't have time to see all of it. However, my '94 XJ40 has nice analogue dials and warning lights and they light up only if something doesn't function as it supposed to. Well, it also has self diagnostic (VCM) that throws a code.

    • @floridaoutdooradventures8981
      @floridaoutdooradventures8981 15 часов назад +3

      @@jsz2619 Sadly, most car manufacturers don't get it! We just want old school cars with gauges and buttons, not some computer console to stare at when we drive. That also means less things to break, easier to maintain and less expansive vehicles to purchase!!! I also don't want all that non-sense turbo V4 crap on a big truck!! My Tacoma has a 4.0 lt V6 that roars like a lion and I rarely go over 2000 rpm, so the engine is under no stress. My Mazda has a nice 2.5ltnaturally aspirated engine which has plenty of power and a sports mode as well, more humff than I ever need, it's a front wheel drive, which is less complicated and easier to maintain and get it fixed, even though I never had any problems with it.

    • @verynick
      @verynick 14 часов назад +1

      Same. I don’t even use the head up display on my BMW anymore. It’s redundant information!!!

  • @Ben-bg2lp
    @Ben-bg2lp 18 часов назад +13

    Toyota should lobby to sell directly to the customers. Then I think people won't have an issue with even 10 percent price increase annually. I just don't wanna pay 40 percent extra to the professional liars who are car salesmen.

  • @GS4211
    @GS4211 19 часов назад +36

    Weird I keep seeing videos saying it's gonna crash in 2025 but yet I see videos that it's going to get worse. Kind of done watching videos on this topic because it all seems like a load of BS.

    • @Tunup1017
      @Tunup1017 18 часов назад +12

      Just their way to get side money from views lol

    • @churchking2527
      @churchking2527 18 часов назад +5

      The 2024's that were over produced and not selling at going to crash, but they'll make significantly less 2025's and increase the prices to compensate.

    • @lot2196
      @lot2196 16 часов назад +2

      ​@churchking2527 Exactly. I've been saying the same thing. If they slash prices once, they can't charge these insane prices again. They would rather crush unsold inventory before doing that. Then downsize and never let inventories get this high again.

    • @ljacobs357
      @ljacobs357 13 часов назад

      Yeh. This guy is all over the place and presents little data.

    • @churchking2527
      @churchking2527 12 часов назад +1

      @@lot2196 I feel like (and especially with EVs), they've been trying to hide the higher price points behind "luxury" features. The cheap money Influencer era, where everything needs to be high end and luxury is coming to an end now. The regulations are forcing the technology, the inflation is forcing the technology costs to increase. People don't have the 0% interest rates that let's them switch cars every 4-5 years, they are being forced to take something that will last a decade or longer, and the technology, CVTs and small turbo engines are the things people avoid to increase reliability.

  • @Glenn-gd9iu
    @Glenn-gd9iu 14 часов назад +5

    My 2007 Matrix still runs like new, now eighteen years of trouble free driving in winter wonderland Alberta.

  • @cashflow68
    @cashflow68 16 часов назад +5

    I still have my 1998 Saturn SL2 with 248,000 miles. No reverse but it still goes forward. My cassette tape player still works.

    • @johnnysunrocket8618
      @johnnysunrocket8618 5 часов назад

      Ahh 😱 if you offered me a ride I wouldn’t get in!!! 😅

  • @michaelriecher5632
    @michaelriecher5632 13 часов назад +4

    It’s good to see that Canada looks out for the consumers unlike we do in the USA

  • @ctclardy
    @ctclardy 16 часов назад +5

    At this point in time, particularly if you are financing a vehicle, I would wait for about a year for interest rates to decline or for factory incentives to offer special interest rates below 2%. If you find a factory incentive rate of 0% you need to move if the agreed upon price is acceptable to you.

  • @jedlevron
    @jedlevron 18 часов назад +12

    Not all of us want the headaches of these modern cars and I'm a tech person. My phone is sufficient and upgraded much easier. Too many problems in cars and expenses are crazy. It's not worth it anymore. We are a one car family now. Just like my parents were in the day.

  • @Jay-j6m2l
    @Jay-j6m2l 18 часов назад +6

    The auto manufacturers are raising new car prices so as not to compete with the used cars sitting on dealer’s lots. The electronics are cheap. Those touch screens are less expensive than an iPad. I don’t want a stupid large truck or some sports cars. A compact SUV is Ok, but I am just looking for an upright seating position, and front wheel drive is fine.

  • @mikej238
    @mikej238 18 часов назад +7

    Fact , 20 000 in 2005 is 32000 in today's dollars.

    • @codincoman9019
      @codincoman9019 11 часов назад

      Or even more, because the "official" statistics are fake, the inflation is higher than it is admitted.

  • @jamesstuart3346
    @jamesstuart3346 13 часов назад +2

    Another outstanding video Shari. I would add that the loan periods for financing have slowly crept up over the years, disguising the increasing prices. $400/mo over 48 months vs. 72 months doesn't seem like a big deal, but it is

    • @carhelpcorner
      @carhelpcorner  9 часов назад

      Excellent point. Long term financing definitely encourages the bad habit of buying more car than one can afford.

  • @andrewblakesley4202
    @andrewblakesley4202 17 часов назад +6

    If nobody buys them, then it's just the sticker price. Enough of this ridiculous pricing.

    • @GURUKHAN_OG
      @GURUKHAN_OG 16 часов назад

      I dont see anybody buying new cars. There will a fall in car prices.

  • @peterandrewj
    @peterandrewj 8 часов назад

    I accept cars will get more expensive, but your consumer-focused channel identifies the best values. I appreciate your practical approach, because emotional purchases will hurt in this market. Thanks Shari.

  • @reddog3544
    @reddog3544 14 часов назад +3

    Cylinder deactivation does absolutely NOTHING for fuel mileage on my 5.7 Hemi V8. Bad thing is it is causing lifter and camshaft failures on a good number of them. The screens sticking up out of the dashboard is somehow legal and not a distraction but cell phones are? What is that all about? Great review as usual.😎

  • @donaldwilson2620
    @donaldwilson2620 13 часов назад +1

    I tend to keep my vehicles for a long time. My 2020 Honda CR-V will be paid off this year, so I can finally take a break from monthly car payments. It only has 40K miles, and it still runs good.

  • @henrynewton8809
    @henrynewton8809 15 часов назад +1

    I just bought a 2023 base BRZ that has little tech and is great. I also have a 79 MG Midget which is even more fun to drive. Now I am after a Kei truck that will take care of my work stuff on the farm.

  • @HWolfeIII
    @HWolfeIII 13 часов назад +1

    We're heading into a depression. I fault the government for running up the national debt and overreaching into the auto industry. The average person's salary has not kept up with these ridiculous prices.

  • @danrock4728
    @danrock4728 16 часов назад +4

    They are already too expensive. If they get more expensive, I will start shopping for a horse. 😂

  • @TimmieTennis
    @TimmieTennis 12 часов назад +2

    I’ll just stick with my 2001 Corolla with 230K trouble-free miles.

  • @SugarBushBoys
    @SugarBushBoys 3 часа назад

    One reason for high priced cars that was not mentioned is the big wage increase extorted by the UAW auto workers union.

  • @barryroche7234
    @barryroche7234 19 часов назад +2

    Solid advice!

  • @davidvoth7218
    @davidvoth7218 17 часов назад +2

    I've been waiting for the 2026 Honda Passport Trailsport to come out. I heard Honda is planning on increasing the list price, and it will be close to $50k. As great as the new Passport sounds, $50k for a Honda sounds steep, and now reconsidering the Passport.

  • @Alan-lv9rw
    @Alan-lv9rw 12 часов назад +1

    Can’t wait for the $120K 2026 pickups.

  • @floridaoutdooradventures8981
    @floridaoutdooradventures8981 19 часов назад +8

    I am literally afraid of buying a brand new car, including hybrids with full of gadgets. They are so complicated that if anything breaks, I would have to take it to the dealership to get it fixed and we all know how outrageously expensive the dealerships are!!! I don't want to fall into that endless spiral of debts!!! I am very much content with my 2015 Mazda 6 GT and my 2013 Toyota Tacoma 4x4 TRD OFF-ROAD which both are extremely reliable, have enough technology without having all the crazy gimmicks that new cars have, and I can get them serviced anywhere and parts don't cost as much as the new car parts and plenty of aftermarket, more affordable parts are also available for both of my vehicles if I ever needed.

    • @billyrock8305
      @billyrock8305 19 часов назад +3

      Wise! ✅

    • @wholeNwon
      @wholeNwon 19 часов назад +4

      That's one of the reasons I bought a very reliable '98 LS400 when it was coming off a 3 yr. lease and have kept it ever since. It has cost me almost nothing in repairs and is still a joy to own and drive. It's likely that I will never part with it. I would avoid walking into a dealership for anything...even free coffee.

    • @billyrock8305
      @billyrock8305 19 часов назад +3

      @
      Super intelligent play. 👍

    • @floridaoutdooradventures8981
      @floridaoutdooradventures8981 18 часов назад +2

      @@wholeNwon Also, older cars have more character I think. The interior is more settled, you don't have that crazy ipad looking screen glued on the dashboard, and it's just a car that you drive without all those crazy beeps and flashing lights all over the place!!

    • @wholeNwon
      @wholeNwon 18 часов назад

      @@floridaoutdooradventures8981 Yup, lots of "character" on my end.

  • @jasmineprymak3020
    @jasmineprymak3020 9 часов назад

    I own a Mazda 3, 2022 😮that is considered a basic model and I am very pleased with its 😢level of technology, safety features and its $35000 price tag . Very fortunate!

  • @DDDDD760
    @DDDDD760 15 часов назад +1

    Proffit margin is a percentage, not a dollar amount.

  • @Alan-lv9rw
    @Alan-lv9rw 12 часов назад +1

    My 2011 Nissan Sentra has 131K miles. It looks and runs like new. I need a new car like I need lung cancer.

  • @mosikakooei2090
    @mosikakooei2090 8 часов назад

    That low supply strategy is very true about Toyota more than any other car but I’m surprised you only mention KIA’s name.

  • @joey86bu1
    @joey86bu1 4 часа назад

    Quality goes down and prices go up, cool.

  • @seikocitizenwatches
    @seikocitizenwatches 14 часов назад

    We bought a used 2012 Toyota Prius with 237,000 miles on its odometer for only $3,000 cash and it runs like new with everything works even the cold AC. Best of all it gets 40-55!mpg and zero car payment. It takes only 9 gallon of regular fuel to fill up.
    Toyota is the only brand I feel comfortable buying used at 100K or more.

  • @S.L.S-407
    @S.L.S-407 Час назад

    Both GM and FORD posted RECORD earnings for 2024.

  • @davidmcdougall8595
    @davidmcdougall8595 16 часов назад

    People have given up on home ownership, so, they are deciding to put their money into at least having a nice car - so the prices go up. I've seen this happen around me.

  • @g-man2507
    @g-man2507 10 часов назад +1

    Sounds like largely or mainly the result of government coercion.

  • @courtneypuzzo2502
    @courtneypuzzo2502 17 часов назад +1

    car prices on average go up 5% never mind the price it costs to run and maintain the car for instance annual repair costs for a Toyota Camry are around $500.00 and its roughly 2,000 a year to keep gas in the car though more if you live in a higher elevation such as Laconia Notch NH oh and the fuel tank is 30% smaller than it was 20 yrs ago but fuel economy has also nearly doubled to 52 MPG combined

  • @sarabeth8050
    @sarabeth8050 15 часов назад +1

    Actually, cars are much, much cheaper today than they were 30 years ago. The MSRP of a 1995 Honda Accord EX was $22,230 which is $47,324 after inflation. The most similar Honda today is a Honda Civic, which is bigger, more powerful and gets much better mileage. The MSRP of a Civic is $24,250 nearly half the price! Yes, that's the base version but it has far more equipment than the 1995 Accord EX. Thus, don't complain about car prices. They are far, far cheaper than cars 30 years ago and you get much nicer car at the same time. Why do people think they're expensive? Because people are buying huge gas guzzling luxury SUVs and pickup trucks. It's they're own fault that they are struggling financially by making poor decisions.

    • @carhelpcorner
      @carhelpcorner  9 часов назад

      The problem with this argument is that traditionally car prices never increased in tandem with inflation. Over the past few decades, car prices have increased by 0-1% year after year. Then in 2020, all of sudden prices went up 5-10% year after year. The market wasn't prepared for that sudden shock.

  • @rogerstclair830
    @rogerstclair830 4 часа назад

    When shoppers walk out the door prices may come down. Let them know we are tired of being jacked with! CEO’s may come out of their dreamworld back into reality.

  • @youtubecarspottersguide1
    @youtubecarspottersguide1 17 часов назад

    @4:28 just buy the base model maz 3 it has most of the stuff we need add tax and fees still out the door over the top top luxury trim opt for $10,000 more ,but when the year end close out sale ,a few leftover base or top top trim some deals could be made

  • @billyrock8305
    @billyrock8305 19 часов назад +5

    Best to buy a used Honda or Toyota and drive for 25 years. Watch your savings rapidly grow over time. (Doubling ever 6-8 years). 💰 😊
    Why can Cubans happily keep their cars for 75 years and we can’t? Not fair. 😡
    Why can Europeans and Australians buy a loaded BYD for $15,000 and our average car price is $60,000? Not fair 😡
    Why are consumers forced to buy larger SUVS and spend twice as much money as required? 💰 🤔
    Best advice- be an owner not a loaner.

    • @wholeNwon
      @wholeNwon 19 часов назад +2

      Just 20 yrs? Mine will be 27 in April and I'll "never" sell it.

    • @billyrock8305
      @billyrock8305 19 часов назад +2

      @@wholeNwon
      Awesome 👏 well done!
      (25 years)

  • @GURUKHAN_OG
    @GURUKHAN_OG 16 часов назад +1

    Shari, I disagree. The car prices are going to come down. Not many people are ready to buy cars. I see them piled up in dealers lots. Of course the manufacturers have become greedy, but a steady 6 months - 1 year of no new buyers will set them right back in place, just like an inflated stock price that comes down crashing after the initial hype.

  • @BairamKhan-w2b
    @BairamKhan-w2b 4 часа назад

    This guy is the first person who is saying the opposite of what the facts are.

  • @mrvang8077
    @mrvang8077 18 часов назад +2

    They can keep soaring, ain't no one buying vehicle that isn't even worth its weight in the long run. Doesn't matter how high tech they claim. They're all trash with more bugs than it work.

  • @Omizuke
    @Omizuke 8 часов назад

    Most of the people I know Dont want most Modern features.
    As for the people not buying the basic model. Thats cause they are nowhere to be found. And people buying cars pick from whats available.
    Also, I miss small, but still strong, trucks.
    And hate fking touch displays on a car.

  • @donaldhess6129
    @donaldhess6129 17 часов назад +1

    If they do go up they won't sell the average American is the buyer of cars an they don't have the kind of money they want for them so if sales are bad wait till they raise prices then they won't sell at all

  • @MrCasablanca82
    @MrCasablanca82 16 часов назад +1

    Very simple , we will not buy a car for years to come. If they think we have a bottomless wallet, they will find out the hard way.

  • @grahamkearnon6682
    @grahamkearnon6682 15 часов назад

    Its like the manufacturers have discovered the luxury handbag industry. The bags are plain old regular bags but, its the brand that matters, ka....ching!

  • @jamesgeorge4874
    @jamesgeorge4874 7 часов назад

    Dealers can't sell 2024 models, where are they going put new models ? Wait until the tariffs begin !!!

  • @suzukiman8964
    @suzukiman8964 12 часов назад

    Mazda brought the base Mazda cx5 s trim for 2025 i believe

  • @wmdlowry
    @wmdlowry 15 часов назад

    Question re. OMVIC. We are looking to purchase a used Honda CRV and when looking at the Hinda dealers, they have small print saying the advertised price is the finance price and that paying cash will cost more ($1k to $1.5k). Is this legal?

    • @carhelpcorner
      @carhelpcorner  9 часов назад

      That's illegal. The main advertised price should be the price you can pay without any conditions attached. Report that dealer to OMVIC.

  • @wilfs1196
    @wilfs1196 17 часов назад

    Also noted Mazda & perhaps others are adding on a $499.00 "Green Fee" Where did this come from? When you show prices in your videos , it looks as though those numbers are American (?)

    • @carhelpcorner
      @carhelpcorner  9 часов назад

      That's just a junk fee. Ask the dealer to remove it or buy elsewhere.

  • @josemcolindres620
    @josemcolindres620 17 часов назад

    Innovation is expensive. Take it or leave it 🇺🇲🌎🇸🇻

  • @NephewLP
    @NephewLP 15 часов назад +1

    5:08 - 5:30, I guarantee you he is referring to Toyota Motor Corp. SMH

  • @akt7029
    @akt7029 16 часов назад

    Whaat? I doubt. Honda riased the basic civic car price to almost 30k now in Canada.

  • @sompasongs
    @sompasongs 16 часов назад +1

    They can soar all they want and be out of business like stellantis, Nissan, Jeep, Dodge, Ford, etc😂😂😂
    We can't afford them! Plain and simple!

  • @5785B
    @5785B 17 часов назад +2

    We are in the process of buying a new car. Right now, all European car makers have a reliability issues, same for most Japanese cars. Our neighborhood car expert told us to avoid the Toyota line for having issues related to their turbo engines. Last week we looked at Lexus and Cadillac and both had dealer markups of $2k to $4k per car. There are too few cars making it to dealership, expect higher prices. PS every dealership we visited had large number of eager buyers.

    • @jackcollin1695
      @jackcollin1695 14 часов назад +1

      Thats low mark-ups. Hyundai & kia which is the least brand having 4k to 7k mark-ups. But stellantis have highest mark-ups from 5k to even 25k depends on the msrp price of the vehicle.well even low quantity models on all brands will have high mark-ups as usual.

    • @codincoman9019
      @codincoman9019 11 часов назад

      BS.
      Toyota does have issues with the turbo models, but it also does have plenty of reliable, low TCO, durable cars with naturally aspirated engines or self-charging hybrids, manual trans or ECVT.

  • @caddymac6917
    @caddymac6917 8 часов назад

    tied selling is illegal in the states

  • @margaretWestminster
    @margaretWestminster 15 часов назад

    Well, i feel like the odd one. I like smal ans less complicated. Same with appliances. Who on earth need to be connected to internet while driving or washing clothes. More bells and whistles to break down

  • @Take_America_Back
    @Take_America_Back 5 часов назад

    I won't buy start/ stop, or cylinder cut off vehicles . I don't like sports cars with tablet dashes, won't buy that either. I don't give a shit about heated seats and heated steering wheels. The car industry has lost it's way for the most part. Oh, I left out the more complicated engines , What a fail.

  • @ljacobs357
    @ljacobs357 14 часов назад +1

    Because car sales increased in 2024. Americas complain about the cost of cars, but continue to buy big ass SUVs, with high tech and expect to pay a lower price. Solution. Just purchase a lower attack sedan for under 30,000 and you'll be happy.

  • @jgphotographybyif9396
    @jgphotographybyif9396 18 часов назад +1

    Is this guy really a car guy talking about them going up as they are going down with dodge and jeep. Might want to find a new channel

    • @carhelpcorner
      @carhelpcorner  9 часов назад

      I explained that there are a few exceptions and of course Stellantis is the biggest one. They increased their prices 50% and now make terrible unreliable vehicles that nobody wants. They have no choice but to drop prices.

  • @nelsonbl45
    @nelsonbl45 14 часов назад +2

    Here come the Trump tariffs!!! Hope MAGA enjoys those higher prices! Lol

  • @TheMineA7
    @TheMineA7 17 часов назад +1

    Ayo wtf man. Not again. More car price increases 😬🙄

  • @sylvainck4666
    @sylvainck4666 5 часов назад

    None of the reason stands. Check the Chinese car market, more technology, larger cars, without sacrificing safety, and cheaper price. Even the world wide brands, like BMW, Audi are much cheaper there. It’s simply the manufactures and dealers are getting greedy in NA markets.

  • @SUB-Entertainment
    @SUB-Entertainment 13 часов назад

    Many technology you do not need

  • @vladyslavsoychuk3037
    @vladyslavsoychuk3037 7 часов назад

    This is government make us poorer and poorer by changing requirements in car industry. Plus insurance rises, because car cost more expensive. Thanks gouvernement.😂

  • @NotYou9311
    @NotYou9311 15 часов назад

    Don't sugar coat this bloody nonsense. The "supply problems" largely ended almost TWO years ago. The reason for most of the technology additions is PROFIT. Get the bloody price UP - equals more profits. PERIOD. Put another way - PURE GREED.
    The ONLY cure is - don't buy the bloody things. If sales of new cars dropped 50% and STAYED that way, it would be amazing how fast prices would drop. But, this would have to be a sustained phenomenon. So far, even though sales on some models are down, there are still enough SUCKERS to drive the GREED business model that they have adopted.
    As for myself, I have a car made in 2010. I am keeping it. Resale or trade-in value on every car is crap, anyway, so that is NO longer something to be concerned about. IF I do ever replace this car, I have my eye on the only car now sold in the US that is actually rational. Used, fairly recent trade-ins of this model are still fairly reasonable in price - mainly because it is not a popular model. It is also a model known to be quite reliable. But, for the foreseeable future, I will just keep my current car and take care of it.

  • @BCdgz
    @BCdgz 11 часов назад +1

    You have never tested or reviewed any cars. You only show a few official videos and talk about them. The information you provide is from car review magazines like consumer reports.
    You are fake.

    • @carhelpcorner
      @carhelpcorner  9 часов назад +1

      My car reviews and car comparisons playlists are all videos showing me literally driving the cars I test.

    • @BCdgz
      @BCdgz 3 часа назад

      @carhelpcorner show the tests!
      Like Other channels:
      Redline reviews
      Carwow
      Autogefuhl

  • @arnoldm889
    @arnoldm889 14 часов назад

    So when is Canada going to be a part of the USA?

  • @glennalexander5483
    @glennalexander5483 17 часов назад +1

    Aint that the truth it's all junk 😅😅😅

  • @dkrawk8309
    @dkrawk8309 16 часов назад

    Uhm.....everything goes up in price, so do cars

  • @crystalballers
    @crystalballers 2 часа назад

    Ya'll are delusional. The auto industry is already crashing. Look at sales and profits, and stock prices. Look at the % of car owners in default or ready to default.

  • @_morningglory196
    @_morningglory196 16 часов назад

    And the new cars aren’t very reliable! I’ll stick with my 2003 !

  • @EgonKristi
    @EgonKristi 12 часов назад

    No the car prices will drop this year

  • @h8rry
    @h8rry 17 часов назад

    Keep driving my old clunker, or bring in Chinese EV half the price of the one here

  • @becoolmanilaners5256
    @becoolmanilaners5256 16 часов назад +1

    We’re so lucky n happy decided to get the 0 APR LONG RANGE RWD TESLA MODEL Y. BEST DEAL EVER

    • @piotrmarianna
      @piotrmarianna 15 часов назад +1

      RWD in snow ? That's a killer (in negative sense).

    • @becoolmanilaners5256
      @becoolmanilaners5256 15 часов назад

      @ not anymore that was in the old days. Majority of the EV NOW are RWD.

  • @mr.q3216
    @mr.q3216 16 часов назад

    Cars are overpriced JUNK.

  • @DrunkenXiGinPing
    @DrunkenXiGinPing 2 часа назад +1

    Really??? I thought the car market would crash !!!!! You liar !!!!