Stellantis In Trouble Dodge Hornets Can’t Get Financed Banks Saying NO!

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  • Опубликовано: 15 ноя 2024

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  • @MrStlvette
    @MrStlvette 5 месяцев назад +84

    The whole idea of re-badging an Alfa shows how out of touch the executive team is at Stellantis. They have NO clue what they are doing in America.

    • @johnrussell3869
      @johnrussell3869 5 месяцев назад +5

      All joking aside I think you hit the nail on the head,a small hatchback electric car "gremlin" prob will revive all the old names to sell

    • @jessicalacasse6205
      @jessicalacasse6205 5 месяцев назад

      stellantis is the mix of all loser bankrupt brand ... evil cannot create it only corrupt good things ...

    • @peteness9550
      @peteness9550 4 месяца назад

      They did this before. It was called the Dodge Dart. Transmission failures at 15K miles. A Kia Rio wasn’t the biggest piece of H$it after all.

    • @johnnyappleseed6960
      @johnnyappleseed6960 4 месяца назад

      I agree...Stallantis has no clue when it comes to the American Auto market.
      I mean, it's there current Cash Cow, yet they're doing everything in their power to gut the American Brands that are not named "Jeep".

  • @GoMango392
    @GoMango392 5 месяцев назад +77

    A hornet for 40k? Fuck that shit. Rather buy a RAV4 for under $35k

    • @crankychris2
      @crankychris2 5 месяцев назад +3

      Or a Subaru for 25k.

    • @peteness9550
      @peteness9550 4 месяца назад

      Friends don’t let friends by Fiats. Please consult with a doctor to see if Stellantis is right for you, lol.

    • @rodneytillman5515
      @rodneytillman5515 4 месяца назад

      I just brought my wife a 2023 RAV 4 with 21,000 miles on it for 34,000 . The vehicle is very nice !!!

    • @lmiller9178
      @lmiller9178 4 месяца назад

      In some areas they're 50k plus!

    • @davidturgeon2087
      @davidturgeon2087 3 месяца назад

      The RAV4 is an appliance compared to the Hornet. You want to drive a fridge on four wheels, go for it! A Hornet GT will run circles around your RAV4, all day long.

  • @TheBandit7613
    @TheBandit7613 5 месяцев назад +58

    Don't compare it to a Gremlin. The Gremlin sold well and had a bulletproof inline 6 and torqueflight auto trans. They lasted hundreds of thousands of miles.

    • @waktosha7378
      @waktosha7378 4 месяца назад +5

      And the older gremlins had the 350 v8 in it over the 258 in line 6.
      I had a 78 with the 258 6 cylinder.

    • @peteness9550
      @peteness9550 4 месяца назад +1

      The Gremlin wasn’t a fkuking Fiat either.

    • @kirkthejerkthe1st
      @kirkthejerkthe1st 4 месяца назад

      @@waktosha7378 304

    • @kharnthebetrayer1575
      @kharnthebetrayer1575 4 месяца назад

      @@waktosha7378 that would be the Gremiln X that had a v8.

    • @furmanmackey5479
      @furmanmackey5479 4 месяца назад

      My first car was a '72 Gremlin, 3Spd on the floor, no AC, and power nothing. I stupidly, and I mean STUPPPIDLY, traded it for a Ford Granada.....THE SINGLE WORST VEHICLE PURCHASE I'VE EVER MADE!!!! I would gleefully purchase a "rode hard- and put-up wet Gremlin" and return it to driving condition.

  • @luisem214
    @luisem214 5 месяцев назад +123

    The hornet depreciates more than a used condom.

    • @TKsGarage
      @TKsGarage  5 месяцев назад +20

      😂😂😂😂

    • @Dennis-ff2pf
      @Dennis-ff2pf 5 месяцев назад +4

      Ya you turn it inside out and reuse it .

    • @COMMANDERHAWK22
      @COMMANDERHAWK22 5 месяцев назад +3

      I was gona say a maserati but yeah that works too.

    • @trueyork9290
      @trueyork9290 5 месяцев назад

      Yooo

    • @TheBandit7613
      @TheBandit7613 5 месяцев назад +2

      WHy are they so bad? I don't know much about them but they look like everythiing else on the road.

  • @timhawbaker3793
    @timhawbaker3793 5 месяцев назад +34

    Loved my 24 Hornet R/T for the 10 days I was able to drive. Then the hybrid mode went out of it. 3 months later still in the shop, still no eta on part. Well there was 1 part found and when it arrived it was damaged. 😂 Thankfully they bought it back 100%

    • @peteness9550
      @peteness9550 4 месяца назад

      There a companies who actually make decent cars. Those companies are the reason why Chrysler went broke..TWICE. And you buy one.

    • @davidturgeon2087
      @davidturgeon2087 3 месяца назад

      You bought the wrong model. The R/T is Alfa's first go at a hybrid vehicle. You should have bought the GT with the reliable 2L turbo 4. And it's cheaper!

  • @redwoodforest3572
    @redwoodforest3572 5 месяцев назад +32

    Was a certified Chrysler tech for 20 years. Retired and bought a '22 4Runner as a retirement gift to myself. Enough said.

    • @kharnthebetrayer1575
      @kharnthebetrayer1575 4 месяца назад

      How that doing? I’m thinking about trying to convince my wife I need a 2nd vehicle….. 07 Tundra work truck just isn’t cutting when not at work.

    • @q6053
      @q6053 4 месяца назад

      @@redwoodforest3572 Dang ❗Time to deport Stell- lettuce💪And Bring America cars and quality back🇺🇸

    • @kerrylee4633
      @kerrylee4633 4 месяца назад

      @@redwoodforest3572 I was a service advisor in a Chevrolet-Cadillac dealership for some time. Love my Rav4s.

    • @jaysdood
      @jaysdood 4 месяца назад

      ​@@q6053American cars haven't been quality for decades, it's just that this lot are even worse.
      I'd never buy an American or European made vehicle.

  • @jscarpetta1
    @jscarpetta1 5 месяцев назад +51

    When predatory banks think your deal is so bad they don't want to write you paper on a deal, it's a real bad f'ing deal 😂

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад +2

      Dude didn't want to put any money down and the banks are no longer playing that game.

  • @erictate8986
    @erictate8986 5 месяцев назад +65

    Another reason why the banks do not want to finance these new Dodge Hornet SUV !!! Is because of all the reliability issues with them that would make them lose value even faster !!! And the banks can see that !! Things are really getting bad for Dodge/Stellantis now !!!🤢🤢🤦‍♂️🤦‍♂️🤦‍♂️

    • @Skidz75
      @Skidz75 5 месяцев назад +4

      So true Eric. The Stellantis/Dodge/AR engines suck!

    • @joewelnack3283
      @joewelnack3283 5 месяцев назад +4

      If you loved the FIAT 128 you will love the Hornet!

    • @peteness9550
      @peteness9550 4 месяца назад

      Why would the bank care? Someone who is stupid enough to buy some Fiat product has no effect on the bank. The bank will get their money regardless :)

    • @rodx5571
      @rodx5571 4 месяца назад

      He said that.

    • @2steaksandwiches665
      @2steaksandwiches665 4 месяца назад

      @@Skidz75 the 2.9 quad is a masterpiece.

  • @stuglenn1112
    @stuglenn1112 5 месяцев назад +19

    Even banks are catching on that a Stellantis product is nothing but way overpriced garbage.

  • @PrivateEyeYiYi
    @PrivateEyeYiYi 5 месяцев назад +24

    The banks’ reasoning make sense. What doesn’t make sense is all the recent loans they’ve approved on cars that sold for WAY too much.

    • @ctfan1486
      @ctfan1486 5 месяцев назад +3

      Most of those were trucks and Broncos that would hold the value better

  • @jmoo876
    @jmoo876 5 месяцев назад +37

    A 24 Lexus Rx350 goes for 48k msrp. They’re charging more for a dodge hornet than a Lexus. Dodge is way out of their lane

    • @Jmeon4eva
      @Jmeon4eva 5 месяцев назад +2

      Blame the Franco-Itali's

    • @RAS4915
      @RAS4915 5 месяцев назад +5

      good luck finding one at that price. That is for the front wheel drive base model with no extras

    • @tv321123
      @tv321123 4 месяца назад

      @@RAS4915 So swap out a new Lexus for a 1-3 year old one, and the same thing applies. A nice lexus that is still going to last longer for the same money. Let alone the hornet would compete with a Lexus NX size wise, and you can get a nice new one of those for 48K.

    • @peteness9550
      @peteness9550 4 месяца назад

      Let’s clarify:
      Lexus= Toyota= proven
      Dodge - Fiat = Fkuking piece of H$it

  • @erictate8986
    @erictate8986 5 месяцев назад +21

    Plus the new Dodge Hornet SUV is way over price!! That Customer ,should count his blessings that the deal ,fall through on the price of junk !!! And get a more reliable vehicle !!!!

  • @PeeterPuncher
    @PeeterPuncher 5 месяцев назад +37

    Chrysler, the company that constantly rebrands itself to try to stay afloat but builds junk and continues to......It's finally catching up to them.

    • @Jmeon4eva
      @Jmeon4eva 5 месяцев назад +3

      Yeah but zie Germans had some damn clue. These Franco-Italian guys? They're just Maroons

  • @calr4459
    @calr4459 5 месяцев назад +7

    I see that 72% of BMWs are leased. Maybe corporate or business owned. Goes with the Land Rover in the lawyers garage. No worries on depreciation when leasing and warranty coverage during ownership. Also lease payment is a business expense for tax purposes.

  • @rpsmith2990
    @rpsmith2990 5 месяцев назад +20

    The Dodge Hornet is an insult to a storied name. I'd rather have a Hudson Hornet, or a AMC Hornet as a daily driver...

    • @crankychris2
      @crankychris2 5 месяцев назад +2

      Take the Hudson. the Twin H power 6 made up to 230 hp when the big 3 only made 100-110 hp. It was the hot car of the 1950's. Their dealers would install racing cams, carbs, headers, etc. at the customer's request.

    • @The-Friendly-Grizzly
      @The-Friendly-Grizzly 4 месяца назад +2

      @@crankychris2 Mom had one. I still have faint memories of us going across the Borrego Desert at 110mph.

    • @peteness9550
      @peteness9550 4 месяца назад

      Now it’s a bastard Fiat.

    • @kerrylee4633
      @kerrylee4633 4 месяца назад

      ​@@crankychris2The Hudson would be worth more than a Hellcat.

  • @ocmotivator
    @ocmotivator 5 месяцев назад +16

    I had a 2018 bmw 740 I got new and it was almost 90k, spent over 2 months in the shop on and off for random stuff and then it was only worth about $45k in 3 years. Thank god I leased it and just dropped it off when the lease was up.

    • @christerry9371
      @christerry9371 5 месяцев назад

      Always lease German depreciation on a BMW is real.

  • @mikefoehr235
    @mikefoehr235 5 месяцев назад +24

    Stellantis is stirring up the hornets nest

  • @Akecherfd8424
    @Akecherfd8424 5 месяцев назад +14

    Justice would be all banks refusing to finance any hornet. Stellantis screwed dodge, their employees and owners of CDJR. This karma.

  • @JCVACCARO
    @JCVACCARO 5 месяцев назад +33

    The new Dart was a flop and when it's all said and done I bet they sold a lot more than the Hornet.

    • @johnbeckham1483
      @johnbeckham1483 5 месяцев назад +2

      I have a 2014 Dodge Dart SXT & I have had no problems just a new set of tires & a new battery! Love this car! I formerly owned 5 neons & I can tell you that the Dodge Dart was a much better engineered sedan than the 1995 to 2005 Dodge Neon! The problem with the Dodge Hornet is that it is way overpriced! Bring the prices down, Stellantis!

    • @richardschneider-f5y
      @richardschneider-f5y 5 месяцев назад +1

      Remember they were offering $11k-$13K in combined, incentives, discounts and rebates on the Dart and Chrysler 200? Effectively a 50% discount . Towards the end you could get a Dart for around $12K OTD. (Not a bad deal actually) That finally cleared ot the backlog. Stellantis is going to need to accept that super aggressive incentives is what’s going to be needed to move Hornets

    • @jaykay15601
      @jaykay15601 5 месяцев назад +3

      I must be in the minority on the Dart but I loved that car. Bought one new in 2013. Drove it 3 years and 40k miles. Zero problems. Oil changes only. Traded it for a Jeep Wrangler so I could go off-road.

    • @ChRickenbacker
      @ChRickenbacker 5 месяцев назад +1

      Dodge sold 25k Darts in 2012 alone from May to December. And in twice that time Dodge hasn't sold even 20k Hornets yet. And every year of its production from 2013 to 2015 Dodge sold over 80k Darts each year. Dodge was selling over 20k more Darts than the Challenger was selling every year it was made. The Dart wasn't a failure, Dodge and FCA failed the Dart.

    • @Jag-leaper
      @Jag-leaper 4 месяца назад

      ​@@johnbeckham1483you definitely do not have the 2.4 model 😂

  • @geoffreykeating8172
    @geoffreykeating8172 5 месяцев назад +27

    They should call it the murder hornet , almost as scary 😅

    • @joewelnack3283
      @joewelnack3283 5 месяцев назад

      Aptly named. A good way to get stung.

  • @beehemp8701
    @beehemp8701 5 месяцев назад +15

    The hornet depreciates faster than a pissy mattress!

  • @geoffreykeating8172
    @geoffreykeating8172 5 месяцев назад +40

    Hard to believe Dodge made a vehicle worse than Neon , at least Neon was priced 1/2 reasonable

    • @rogerrussell9544
      @rogerrussell9544 5 месяцев назад +6

      I loved my Neons. I even started to admire the Dart until Sergio stuffed the Fiat 1.4 turbo into it. I didn't want to buy a Fiat engine, don't trust European engineering and went out and bought another used Neon.

    • @dillonh321
      @dillonh321 5 месяцев назад +5

      Neon at least offered the SRT4 that was an actually fun car to drive despite not being the fastest.

    • @marksmith8928
      @marksmith8928 5 месяцев назад +4

      A friend of mine bought an SRT Neon.
      If I remember correctly, 2005.
      That is one hell of a bucket of fun for a reasonable price.
      Even has a silly wing on the back. 😊
      He still has it, with almost 200,000 miles on it.
      My daughter in law drives a 2016 Avenger that she's had exactly zero issues or problems with.
      Chrysler (now Stellantis) has built some great cars over the years.
      Then again, they have long stretches of time where they build lousy cars.
      Hopefully they get sold off, and bought by someone that knows what Chrysler and Dodge should be.
      Barracuda, Challenger, Polara, Satellite, Road Runner, Super B, Magnum, 300, even the PT Cruiser and Cordoba were nifty, in a way.
      I had a Cordoba with a 400 V8 in it.
      A very good car, and it looked great with all that "rich corinthian leather" on the seats. 😅

    • @jeffrey501green
      @jeffrey501green 5 месяцев назад +2

      I still see Neons on the road...also the SRT-4 was based on a Neon. It was a record setting muscle/sports car.

    • @timhawbaker3793
      @timhawbaker3793 5 месяцев назад +6

      Sorry, had 2 Neons, loved them both. No issues whatsoever.

  • @dillonh321
    @dillonh321 5 месяцев назад +9

    I haven’t seen any Hornets on the road until this week. One today and one yesterday. But they both had Utah plates (I don’t live in Utah). Which makes me believe that they were probably rental cars.

    • @carlosnavarro921
      @carlosnavarro921 3 месяца назад

      I live in Utah and yet to see one on the road

  • @hifiman4562
    @hifiman4562 5 месяцев назад +9

    Paid $4k cash for my 05 Nissan Xterra. 4 years ago. It runs great still.

  • @2rightsmakeauturn
    @2rightsmakeauturn 5 месяцев назад +15

    Hornet is a joke

  • @Jon-O.
    @Jon-O. 5 месяцев назад +12

    Meh sounds like a lil hornet and wasp spray is in order. Stellantis 🖕🏼

  • @Pyrogore
    @Pyrogore 5 месяцев назад +6

    Wouldn't be surprised if Stellantis (SFS) themselves declined financing on these hornets, even they know its a bad deal

  • @johnw4067
    @johnw4067 5 месяцев назад +11

    Stellantis is an excellent manufacturer of garbage vehicles now.

    • @americanbadass88
      @americanbadass88 5 месяцев назад +2

      so just like Old Chrysler corporation?

  • @williamsinger4124
    @williamsinger4124 5 месяцев назад +9

    Mopar or no car? Well, just give me a pair of sandals then.

  • @cousinjohncarstuff4568
    @cousinjohncarstuff4568 5 месяцев назад +10

    Next, Ford makes a small electric car for in town use and names it Thunderbird? After what they did with the Mustang Mach-e it would not surprise me!

    • @doom4067
      @doom4067 4 месяца назад

      The first time I saw that I asked myself why anyone would call it a mustang.

    • @peteness9550
      @peteness9550 4 месяца назад

      Next: spend the time learning a skill rather than sitting around on the internet living out your fantasies.

  • @AStanton1966
    @AStanton1966 5 месяцев назад +6

    I'm in a blue state in the Northeast and I'm starting to see $8,000 off the MSRP on Hornets in my neck of the woods. The Hornet should be re-badged as the Courage--you need courage to buy one!

  • @me-wp6rk
    @me-wp6rk 5 месяцев назад +10

    I looked at one that was 45000. Damn lot for a tiny car.

  • @jasoncrandall73
    @jasoncrandall73 4 месяца назад +3

    I currently own a 2024 Dodge Hornet GT AWD which I bought in August last year. It fits me nicely. Similar gas mileage to my '17 200 (160k at trade in), got $11k trade in for that 200 & the Hornet is currently at 19+k. I drive about 25k/yr for my 1099 work.

    • @davidturgeon2087
      @davidturgeon2087 3 месяца назад

      The Hornet GT with Track Pack is probably the best buy in a small crossover if performance matters to you at all. Where else are you going to get a small crossover with a standard twin cam, all alloy 2L turbo engine with VVT, electrically adjustable suspension with (Chapman struts in the rear), a quick steering rack, low profile Michelins Sport tires, etc. for this kind of price?

  • @dmaric88
    @dmaric88 5 месяцев назад +8

    I don’t think I have ever seen one on road yet

  • @CharlesCurran-m9p
    @CharlesCurran-m9p 5 месяцев назад +5

    What ever happened to the practice of putting 20% down and financing the rest. Yeah, I know, people can’t wait for the new toy and don’t have 20 cents let alone 20%.

  • @geraldscott4302
    @geraldscott4302 5 месяцев назад +13

    A credit score under 800 is not tier one. I'm 65, retired, house is paid for, haven't financed a car since 1993, have a NET annual income of around $64K, and still have a FICO score of 835. I haven't used credit in decades. anybody with a credit score under 800 has done something wrong somewhere along the line, or has no income. As for the Hornet, yes, it is complete TRASH. Why couldn't they have made a simple little internal combustion only car with pretty much no features. The old Daewoo Aveo, sold in the U.S. under the Chevy brand name, was 10 times better than the Hornet. My ex wife drove one for 9 years. It had a couple of minor issues right after she bought it, after I fixed those, it was almost completely reliable.

    • @parkercarter3917
      @parkercarter3917 5 месяцев назад +6

      I have to disagree with you on a FICO score under 800 is bad. Top score is only 850, so anything from 750 to 800 is really good and above 800 is excellent. I have actually gotten the lowest rate available before with a 730, so you really can’t say under 800 is bad.

    • @paleghost
      @paleghost 4 месяца назад

      If you haven't had an installment loan, mortgage or other credit debt in 20 years your score won't be 830, it will likely be null. You won't have a credit score. Biggest determinants are credit history and on time payments. Up until recently the credit bureaus didn't know or care about your income.

  • @PassportBrosBusinessClass
    @PassportBrosBusinessClass 5 месяцев назад +8

    Ford is bringing back the CAPRI as an EV lol.
    My Uncle has several Capris and Merkur XR4Ti.
    My other uncle, his brother, has multiple Capris and Merkurs.
    Believe me, they don't wanna see the Capri as an EV any more than the Mustang crowd wants to see the Mustang Mach e.
    I think Stellantis is MOCKING the Mopar community by EV-izing classics.
    On a side note: I've been seeing more and more Hornets here in NYC/LI.

  • @keithsmith8326
    @keithsmith8326 5 месяцев назад +15

    Another nail in the coffin 😂

  • @Whaticansayaboutit
    @Whaticansayaboutit 5 месяцев назад +9

    "POS Hornet". Now tell us what you really think.

  • @mikeodonnell5430
    @mikeodonnell5430 5 месяцев назад +4

    2 important pieces of the puzzle missing:
    1. Is it a 23 or 24 Hornet? Most banks are treating ANY unsold 23 MY vehicles as used, typically 80% of invoice or less. The typical Hornet has $300 - $600 markup.
    2. Any negative equity in the deal? Banks are seriously tightening up on the max LTV on new vehicles.

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      The car buyer had no money for a downpayment.. he even scoffed at 5K down which is around a 10% downpayment. Banks are insane to loan anywhere near 100% LTV..

  • @BCNeil
    @BCNeil 5 месяцев назад +4

    Banks be like, if you want that piece of shit, put 50% down payment

  • @erictate8986
    @erictate8986 5 месяцев назад +9

    TK'S Garage Friend keep up the great work 🇺🇸🇺🇸🇺🇸😃😃💪💪💪👍👍👍👍

  • @MisterMikeTexas
    @MisterMikeTexas 5 месяцев назад +6

    OCMotivator said it best: Stellantis is the gift that keeps on giving! 😂😂😂😂 Jon Voight's K Car LeBaron is a better investment.

    • @DocZoidberg549
      @DocZoidberg549 5 месяцев назад

      Not many people will understand your comment. Love the Seinfeld reference.

  • @michaelpellecchia4166
    @michaelpellecchia4166 3 месяца назад +1

    I owned a 1971 hornet, 232 straight 6 with a 3 speed automatic. I drove that car 200,000 miles. Kept my toolbox in the trunk because parts would break or fall off occasionally, but I could always fix it for very little money. I drove the last 75,000 miles using my bicycle hand brake cable as a throttle cable. I would not touch the new hornet with a 10' pole because it a POS and for all intents and purposes unfixable.

  • @justcommenting224
    @justcommenting224 5 месяцев назад +5

    The Hornet from AMC/Hudson was a great car . Did well in the Nascar racing at the time.

    • @paleghost
      @paleghost 4 месяца назад

      they had straight sixes and the 'step down style' if i remember right. cool cars.

  • @Chris-in-LasVegas
    @Chris-in-LasVegas 5 месяцев назад +1

    Interesting vid ... I agree with you, on the Hornet R/T. But the GT isn't so bad ... at least, so far. My daughter bought one ... 2.0L turbo, 9-speed auto, AWD, 20s, Pilot Sports, Brembos, etc. No BS Hybrid, no options that we KNOW will break (sunroof), etc. So far, its been a good car (CUV) ... suits her lifestyle, keeps her in a Mopar (sorta), and is within her budget. Extended warranty should cover any real issues, if they arise ... and after 6-8 yrs (lower mileage), we'll see what she wants to do. Dodge doesn't really have an entry level vehicle anymore. That will hurt them in the end, because the young buyers have nothing to look at, at a reasonable price. Sure, she coulda done a 3.6 Charger, or Chally ... and the insurance cost woulda sucked up the difference. As a Forever Mopar guy, I hate to say it, but ... Dodge has gone to shit! Myself, I have 3 Mopars ... and the way it is looking, I may have them forever ... because they no longer have an appealing car or truck. Honestly, I will be surprised if the Dodge brand is still around in 3 years. Stellantis will kill whats left of Chrysler & Dodge, with the direction they're going. This is AMERICA ... Not Europe. Dumbasses!

  • @NYCS19339
    @NYCS19339 4 месяца назад +1

    And AMC took the Hornet name from the twin carb Hudson Hornet of NASCAR fame.

  • @daviddaigle2419
    @daviddaigle2419 5 месяцев назад +1

    The first time I heard about the hornet and saw one I thought make room in the salvage yards a junker is hitting the street,

  • @SloppyJoe54
    @SloppyJoe54 5 месяцев назад +1

    All Stellantis had to do was focus group the hornet to any group of Dodge enthusiasts and they could saved themselves a lot of pain! They either didn’t do that, or ignored the negative feedback, because you know nobody was saying “give me a hornet!”

    • @The-Friendly-Grizzly
      @The-Friendly-Grizzly 4 месяца назад +1

      When you have some arrogant, America-hating Frenchman heading up the company, the company will not listen to buyers. They will make what they make and we will darn like it. Just like Renault brought in trashy cars (plenty of good Renaults in the home market as hard as that is to believe), and SIMCA (French Chrysler) brought in some strange cars while they had ones in the home market that could have slipped into the US market like a custom made glove.

  • @eapoe7395
    @eapoe7395 5 месяцев назад +2

    Don't forget, Hudson made the first Hornet

  • @henrigreene3781
    @henrigreene3781 4 месяца назад

    This is unprecedented, I don’t think I’ve ever heard of a car a bank wouldn’t finance. I don’t know, maybe the Yugo was the only other car that fell into that category. That’s crazy!!!

  • @PaulOsterhoudt-w8g
    @PaulOsterhoudt-w8g 5 месяцев назад +3

    TK love the channel and the updates - miss the monocle - as always be petty

  • @gman9033
    @gman9033 5 месяцев назад +2

    THE BANKS ARE DOING PEOPLE A FAVOR, THEY KNOW THE PRICE IS TOO HIGH & DON'T WANT TO GET STUCK WITH A POS WHEN THE BORROWER DEFAULTS ON THE LOAN......

  • @beesleyc
    @beesleyc Месяц назад

    I ended up with an 11,000 mile hybrid Hornet RT from Budget Rental after reserving a Toyota Prius 'or similar'. It took them 20 minutes to dig around their back lot for anything hybrid when I insisted that a Mazda CX-30 and a row of Dodge minivans were NOT similar. But with the charging cable supplied, the Hornet takes 10 hours to charge and exhausts its battery pack in 31 MILES! So for the 2000 miles or so I drove, it was a hybrid for just 62 of them. The dash panels dimmed and brightened on their own, brights on the headlight switch became unavailable, a deafening alarm went off several times when the car decided I was trying to steal it, etc. etc. Nothing catastrophic, just annoying. Tomorrow is my last day with it and you've got me praying I can make the hundred miles back to John Glenn Columbus Intl. Airport without an issue. I will say the cave-like back seat was great for rest area naps! Thanks for the entertaining info on what seems to be the worst selling car in America!

  • @scottymoondogjakubin4766
    @scottymoondogjakubin4766 5 месяцев назад +2

    Chrysler products built in the late 60's and some early 70's werent bad ! Everything after is a different story ! Thats 50 years of sub par reliability quality !

  • @RAS4915
    @RAS4915 5 месяцев назад

    This is going to happen more often as more people push back on overpriced vehicles causing sales slow downs. If you can't put 25% down and need more than fours years to pay it off then you can't afford the vehicle

  • @steveellsworth2547
    @steveellsworth2547 5 месяцев назад +2

    Just another reason to NOT purchase a Dodge product. I personally own a Jeep Wrangler, but my next vehicle will absolutely be from a different manufacturer.

  • @nlpnt
    @nlpnt 5 месяцев назад +1

    Even as a placeholder the Tonale was the wrong car. Leaving aside the Challenger-Charger market, regular-car Dodges had been getting more and more low-end as their reputation precedes them. Something like the Brazilian Fiat Pulse would've been a better fit, or thinking outside the box the Buick Encore (Opel Mokka A) was a surprise sleeper hit so why not look to the Mokka B to slot into the CJDR lineup?

    • @davidturgeon2087
      @davidturgeon2087 3 месяца назад

      Agreed. Very few Dodge fans have any appreciation for the Alf-Romeo brand or their products, and never will. The Hornet was pre-destined to be a marketing flop; Dodge is trying to market the wrong vehicle to its customers.

  • @charlesdiggs5297
    @charlesdiggs5297 5 месяцев назад +1

    I've been watching.
    Reviews on even the grand wagon neer having all kind of chincy parts being put on and frequent failures.Dodge and Jeep are in trouble

  • @stockey
    @stockey 5 месяцев назад +4

    The Hornet is a piece of crap anyway.

  • @MM_in_Havasu
    @MM_in_Havasu 5 месяцев назад +2

    These lameass Hornets need to be cut in price down to around maybe 15 grand max, and then they might actually sell off their growing inventory of them.

  • @Isaiah5417GdLk
    @Isaiah5417GdLk 4 месяца назад

    Years ago someone told me go get you a new one you can afford it, ( I was driving an 85 328i) this was about yr 2000, i told her, oh i probably could, but i could NEVER afford to maintain or fix it.

  • @warthogA10
    @warthogA10 4 месяца назад

    Man am I glad I didn't end up getting a hornet last year when I was looking for a new car because my old one quit.
    I couldn't even find a dealer who had one on site to look at and test drive, and from what I was told, they were being sold in transit to dealerships from the manufacturer..
    I just saw one for the first time at the market the other day, and up close IRL I was already glad i didn't get one..

  • @tanside979
    @tanside979 5 месяцев назад

    Hopefully they go out of business. They don't deserve customers anymore with how they destroyed themselves.

  • @robertsartino7664
    @robertsartino7664 5 месяцев назад +2

    I just want to know when Dodge is having a huge going out of business sale? 😂😅🎉

  • @devonp5079
    @devonp5079 5 месяцев назад +5

    Hornet, The Big Lie

  • @eapoe7395
    @eapoe7395 5 месяцев назад +1

    Don't forget the original Hornet was built by Hudson.

  • @kdavid123186
    @kdavid123186 5 месяцев назад +1

    Wow even premium bank like Santander don’t want it ? That’s crazy

  • @richardolko6660
    @richardolko6660 4 месяца назад

    “Hornet” is actually a throwback to Hudson.

  • @harryjohnson8605
    @harryjohnson8605 4 месяца назад

    Whoever came up with the idea of a Dodge hornet should get a promotion.

  • @cmyrho
    @cmyrho 5 месяцев назад +1

    But the "Insider guy" who got a Demon 170 because he cried says the Hornet is great. 😂

  • @jasoncrandall73
    @jasoncrandall73 4 месяца назад

    If you are underwater on any loan by more than the rebate or money down why should banks have to cover the negative equity at purchase. 🤷

  • @amusingarts
    @amusingarts 4 месяца назад

    Down here in Mexico you can buy a new Duster, but it's a Renault mini SUV.
    very weird

  • @rodx5571
    @rodx5571 4 месяца назад

    As a master tech 20 plus years in a shop, never been a Mopar fan. I don't care what foreign company owns them. They have some fast cars, but they don't have many if any reliable cars. I don't know how many lifter jobs or 3.6 motor jobs I have done, but I don't need a spec sheet anymore.

  • @TheExtra40414
    @TheExtra40414 5 месяцев назад +3

    Ha, trouble selling crap cars, who would of thought of it.

  • @Bikerbug2020
    @Bikerbug2020 5 месяцев назад

    Sounds like a 50% off sales with a 25% rebate and -5% interest.

  • @joshualandry3160
    @joshualandry3160 5 месяцев назад +1

    Dealership can't get someone to buy their bad financing decision? Sounds like a them problem to me. Costumer did his part and I believe in most states this isn't his problem.

  • @batsonelectronics
    @batsonelectronics 5 месяцев назад +4

    A new Toyota Corolla Cross Hybrid is the same money and faster. Way more reliable also. I almost bought one.

  • @ronernst3991
    @ronernst3991 5 месяцев назад +1

    Stellantis. Who would buy anything from Stellantis, I wouldn't.

  • @69ChagerRT
    @69ChagerRT 5 месяцев назад

    I worked on the Hornet before being laid off we changed the hood the front fascia the tail lamps and slapped some damn Dodge badges on it Alphas are always very expensive to fix it will be a nightmare for the customers in a year or two and the dealerships are going to hate it working on it

  • @paultomaszewski1964
    @paultomaszewski1964 5 месяцев назад

    We have a few Dodge dealers in the area where I live and there's close to 300,000 people living in this area here and I think I may have seen one Hornet on the street. Since then I haven't seen one again, that was six-seven moths ago.

  • @rwdplz1
    @rwdplz1 5 месяцев назад +1

    Now if they can just do the same with the rest of the overpriced inventory...

  • @kerrygibbs8198
    @kerrygibbs8198 4 месяца назад

    The side issue is a Mahon finances the purchase of a new vehicle and can’t come up with $5000??

  • @justacinnamonbun8658
    @justacinnamonbun8658 5 месяцев назад

    I saw my first Dodge Hornet on the road today. It was a dark red color. It was already hit in the back a little, needed body work, just on the tailgate.

    • @davidturgeon2087
      @davidturgeon2087 3 месяца назад

      That dark red colour is actually called 'Alfa Rosso' and has been in use on Alfa-Romeo race cars for going on a hundred years.

  • @cld2930
    @cld2930 4 месяца назад

    It's funny, because I see a few other comments reading similar to what I'm thinking.
    Other than commercials and magazines I have never seen one in person LOL.
    So what you talking about must be true because I'm not seeing these things anywhere in person. 😂

  • @johndodson3020
    @johndodson3020 4 месяца назад

    Forget the Gremlin nameplate. The epitome of lameness would be to bring back the Pacer name...as in pacing the service floor time after time waiting for car to be fixed AGAIN and AGAIN

  • @matthewgaines10
    @matthewgaines10 5 месяцев назад

    Banks are rejecting auto loans of people with excellent credit ratings (820+) and positive equity situations. The Hornets are not alone. It’s just worse with the Hornets.

  • @jaymoore2154
    @jaymoore2154 5 месяцев назад +1

    Free advice to stellantis- stop building junk that wreck peoples wallets and maybe you can actually sell some cars

  • @jasoncrandall73
    @jasoncrandall73 4 месяца назад

    I never have never financed a new vechile where the amount is over the MSRP.

  • @timsharkey1993
    @timsharkey1993 4 месяца назад

    As expected, Stellantis is running the Chrysler group into the ground.

  • @kunkslove
    @kunkslove 5 месяцев назад

    Yep they’re getting their asses stung by the hornet’s nest 😂😂

  • @jeromegriffiths4462
    @jeromegriffiths4462 5 месяцев назад +1

    This is another car that the Bank Not living alone to this customer

  • @nlpnt
    @nlpnt 5 месяцев назад

    I'm starting to see a few on the street, all with random way-out-of-state license plates. I think they might've made a deal with one of the big rental companies.

  • @BillLaBrie
    @BillLaBrie 4 месяца назад

    They won’t finance them because no one ever asks.

  • @dhc8guru
    @dhc8guru 5 месяцев назад

    I doubt the Hornets nest is the only car seeing this with financing. Banks in general are turning down car financing regardless of credit. They just need to find any reason.

  • @jeffnoob8448
    @jeffnoob8448 5 месяцев назад +4

    😅😂
    Thx TK !

  • @deepthinker999
    @deepthinker999 4 месяца назад

    Not a problem. No one is buying them anyway.

  • @thomasb3668
    @thomasb3668 5 месяцев назад +2

    I'll buy a Gremlin, if it has a HEMI , even a 5.7 hemi. LOL Bring back the Gremlin!!!

  • @jonathantaylor6926
    @jonathantaylor6926 5 месяцев назад +1

    If he refuses to put even 5K down he absolutely should be denied the loan, no matter his credit score. They buyer needs to have some skin in the game. Rates are higher now so if don't have a down payment and then stretch the loan out 72 or 84 months you are going to be upside on that car until its last payment and the banks rightfully do not want to take that risk.

  • @mperlatti
    @mperlatti 5 месяцев назад

    What i fail to understand is Stellantis stock price is up over 30% still for the past Year???
    Who’s propping up the stock? Is it stock buybacks? How long can they do that i wonder…