CHEVY CAN'T SELL SUB $100K TRUCKS AND CUSTOMERS ARE SAYING NO MORE!!
HTML-код
- Опубликовано: 23 июл 2023
- I visit a Chevy lot to see what type of inventory they have and it's clear that the $100k truck buyers have slowed down.
• Video 
Авто/Мото
Авто/Мото
the only way to get these prices down is to walk away. Let the dealers and the manufacturers eat their products. Insane prices!
But people won’t stop buying them, and most of the people buying these have no business doing so. I can’t imagine going into that kind of debt for a truck.
This is the answer. If we are willing to buy above sticker- that is 💯 on the buyers.
Yes sir. Starve them out
What's going to happen is they are going to scream and cry to the Biden Administration for a bailout and his administration will say yeah we will bail you out but we're going to need more rainbow colored electric dildo-mobiles on the road because of climate change.
Yeah and when the manufacturers go belly up the taxpayers are forced into bailing them out again
Trying to sell a $50K truck for over $100K is just astounding. These people are insane.
There are lots of people willing to pay the markup. Not me.
Borderline criminal. But if one can swing it...
Insane, I call it stupid.
If i had money to spend i would buy these beautiful trucks. Since I don’t i have to wait to but it used and still like that they are not cheap.
They're barely worth $50k more like $40k
I remember when you could go buy a new basic bare bones work truck from a dealership for 15k. The fact that trucks went into the luxury market and then became the focus is absurd. The used market for 20 year old trucks has skyrocketed because people need a truck to get things done but can't afford these new ones. It isn't just Chevy either but all the manufacturers.
It's also the EPA trying to make these trucks get Honda Civics mpg's and people buying trucks and not using them for what they were made for.
I always roll my eyes when reading the list of "add-ons" that these trucks are marked up with. I don't give a good gosh dang about bluetooth this and hands-free that. How about you just keep your hands free of my wallet. Good Lord.
Why I'm still driving a 93 Dodge Dakota. No way would I pay
80 or 100 grand for a truck. A lot less to break down on older
trucks also. And you can work on them yourself. I wouldn't
even know where to begin working on one of these new trucks...
Seems like they just want to take people off the road is the real
goal to me. Why would you shoot yourself in the foot??? They
must be drinking a lot of coffee and eating donuts at them
dealers cause I see the same thing at them every week. Like
nothing has moved or sold.
Except Toyota! 💯👍
Pick up trucks now focusing on the luxury market is because most people buying these kinds of trucks don’t buy them for work or their utility. They buy them as life style trucks. Let’s be real here. If you’re buying a Silverado or F-150 that’s sitting at close to 100K, you’re not buying a work horse
I could really use a truck. As a homeowner it's great to have a truck haul stuff home from the stores and to take junk to the dump. But the thought of spending >50K on a truck is crazy. I have been walking away for years.
You should check if your car can fit a towing hitch. While they're not standard features, a lot of cars you wouldn't expect can, in fact, tow a small trailer. Admittedly, they're not very convenient, but it's certainly an option you can make work if you have the space to park it.
@@Bustermachine 100000% This. Got a Mazda 3, hitch, and trailer in 2008. All in just over 18k. 5 speed, so I've averaged 29 MPG over my 125k miles. So much cheaper and easier. I miss having a truck, but this new crap is so overpriced, I'll never go back.
@@Bustermachinethat’s what I do with my minivan. With a 12ft trailer I can carry more than what most trucks can do at tiny fraction of the price. I thought I was a genius when I came up with that idea
There's zero reasons why a $40K truck 10 years ago is now nearly $100K. This is 100% price gouging and they can keep them all!
Right, chevy and the like has not done a single thing that would justify that much of a price increase…
That’s why I’m still driving my 2011 GMC 1500. Saw one just the other day for sale same model/mileage as mine for the same price I paid for it back in 2012 with 6k miles on it.
My thoughts exactly. In 2007 you could buy a Chevy Suburban for about 30K. Lmao
There's 100+ reasons why... the technology, gimmicks and creature comforts. 10years ago a truck didnt have AC/Heated seats etc. In 2019 my moms Ram 1500 cost $5000 more than my Dads Ram 3500 Cummins 4x4 Quadcab Dually did in 2005... today you cant leave the lot with a Kia for under $35k
@@NXT_LVL kia soul 20k maybe a little over just stock
I'm old enough to remember when a pickup was the cheapest vehicle you could buy. No one bought them but contractors and farmers.
Mostly right, but I knew a couple of my friends' dads bought them as second vehicles. But even they wanted a bed that could haul a 4x8 sheet of plywood.
i really enjoy all the comments from the bustos who have no money to buy a new vehicle..so many of these "The dealer can't sell...crisis....blah...blah,,,blah.." videos on YT.....what y'all fail to realize is that the market sets the prices on these vehicles not the so called "greedy dealers". So that means there are plenty of people with the cash to buy these trucks at these prices. And yes they are selling. There are many high net worth people out there buying vehicles for cash...Just because you are a low wage earner and have no liquidity and drive a 1989 truck doesn't mean these trucks aren't moving...there are millions of high wage professional people and business owners who do have the $ ...my dad used to buy all his vehicles cash ....and purchased several six figure vehicles for cash ,,,and he taught me to do the same....if you don't have the money to buy just earn more and save more ..or just buy what u can afford...don't waste ur time coming on here saying "evil dealers...greedy...no one can afford these prices..." y'all just sound bitter and jealous...
@@recPokerFishRich people drive BMW and Mercedes. All this ugly new trucks bought by stupid lowlife with no money.
Stripped plan Jane vehicles with no carpet, power nothing an AM radio was the big option.
The price of trucks is insane!
@@goldgeologist5320 GM actually used to sell a WT, or work truck..... i believe that has been gone for some time. it would have crank windows, radio, and maybe AC but not much else
I asked a Gm vp about 15 years ago what the hell they were going to do when people can't afford to buy their products anymore. He acknowledged then that he could see it becoming a real problem.
I thought truck prices were nuts 8 years ago when you couldn't get anything but a stripped work truck for less than 40k. Today's prices are insane. I tried buying a bronco last year and the dealer refused to let me order anything less than 65k. They said they wouldn't be able to sell it quickly if I cancelled the order.
The only thing crazier than the dealerships selling these for those prices are the people buying them for those prices. Unreal. 😐
Sir, they don't expect you to finish paying...they want you to trade up for the next gen. forever leasing
@@imbalancedstatus8824 I guess that's pretty much the case with everything these days.
so the question becomes, why all these videos about buying cars when nobody's buying anymore anyway@@imbalancedstatus8824
I don't understand how all these folks driving around all day can afford these insane prices and interest rates and they ain't working
USA Government recently approved $50 billion for Ukraine. Hint: it didn't all go to Urkaine, most of it went into people's pockets. Socialism is the key to true wealth@@skathappenz
Consumers need to do exactly what they are doing now.....refusing to buy anything until the prices start coming down
That’s the problem though the consumer will pay this price to keep up with the Jones.
@@thehornes6332I think only people who are desperate for a vehicle and people who have the money to buy now are buying now but alot of people are coming back to sanity and are voting with their wallets and that's the best thing to do in a capitalist country. Here in the u.s. money is king above all.
@@thehornes6332 Less than 15% of the population can even afford these. And the people that can didn't get rich by paying for ridiculous dealer packages on a $100,000 truck.
Inflation is a bi-h! Problem is all the parts cost 25% more than just a couple years ago (except all the cheap-o Chinese electrics GM crams into their vehicles now), which is compounded by the 100% markup auto makers charge for a given item at retail. Then don’t forget those crazy $100/hr union wages that assembled the hunk. Add a useless aftermarket “Fluff Package” at retail, and voila! There’s your $50k truck, selling for $100k.
Facts! They were screwing everyone with the chip shortages. Making tons of money raping consumers on prices. Now the party is over, but they haven't figured it out yet......but they will
Insane. Friend of mine bought a new 2019 Silverado. He is a maintenance guru and drove the truck as an adult. Transmission went out just outside the warranty after he paid truck off. I won't mention how expensive replacement was. He was beside himself with frustration having cared well for vehicle.
I hear about a lot of Chevy transmission issues.
@@deepdivetrading They shift gears so well that they can simultaneously shift all the gears from the transmission case to the roadway.
I read an article a few months ago where two of the big three are trying to figure out a way to get rid of dealerships because the dealers are killing sales with the ridiculous prices. However they can't just come in and shut them down because dealerships are franchisees so that makes it tricky.
Only a fool would spend that much money for something to get around in. I'll stick to my 97' GMC dually. It's paid for, easy to work on, extremely cheap to work on for a diesel and it's reliable as long as it's taken care of.
The dealer system is actually intertwined with certain federal laws. So yeah you can't just get rid of them, but then if you did you would end up like tesla who will raise and lower prices whenever they so choose and completely rip off their customers. The funny part is their customers don't understand they are getting ripped off because well they are true believers. There is no winning when it comes to car sales/buying.
I went shopping for a pickup, and a Toyota dealership was my first stop. I was in total disbelief when I saw what the Tundra was going for. I then went to a local Chevy dealership and was totally traumatized by the asking price for the Silverado. I didn't dare go to the Ford and Ram (Dodge) dealerships. Today's pickup prices are insane!
😭😭😭😂😂😂😂😂😂😂😂
Idiots are dumb enough to buy them so the prices stay high
You can get a decent used truck for a nice price brand new it what kills you
@repentandbelieveinJesusChrist9Don’t think the Lord wants preaching out of context, it dilutes his message.
@repentandbelieveinJesusChrist9 amen brother...
Spent 35 years working in and managing big box auto dealerships before retiring 8 years ago. I am convinced the new car manufacturers have lost their collective minds.
I'm sure that the high cost will be blamed on labor cost, Labor unions, not capitalist unions, with a lot of help from propagandist!
No, they haven't lost their minds... They Enhanced the market for idiots.... I'm an automechanic so I have the luxury of repairs. I'll put 3 power trains in my current truck before. I spend that kind of money.
No, they haven't. they just don't want you to own..forever leasimg .that's the trick
Nah ww3 is about to pop off so pretty much every company is price gouging haha 😂
aint that the truth, they dont make a decent vehicle with interchangeable parts for cheap, they just wanna make you buy a new vehicle@@arthurwomack941
Hey, thanks for sharing. It's good to know that I'm not the only one who sees prices like that and is outraged. Honestly, I would never spend that kind of money on something that only depreciates in value and these vehicles clearly are grossly overpriced! I agree, people should just stop buying them for a while.
New subscriber here. I left the US over a decade ago. Worked in Europe and Africa and now am living in Asia. This means I've been out of touch with vehicle pricing back home for quite a while. So, thanks for this, bud. GEEEEEEZ! $100K for a Chevy truck?? I had no idea it's gotten that insane over there. Unbelievable. As a comparison, here in the Philippines, you can buy a fully-loaded, brand new, 4x4 extended cab TOYOTA HI-LUX for under $36K! Did I mention it's a Hi-Lux? The world's best pick-up truck? (Americans might disagree with that--- but the rest of the world arrived at that conclusion decades ago.) At the lower end of the spectrum are the Ford Rangers' WildTrak and "Raptor" (not exactly a Raptor, though) which you can purchase brand new for a whopping----TADA!--- $24K. American consumers need to just boycott these trucks and SUVs. Less demand, blah, blah, blah. Good luck with the channel!
The US doesn't get the Hi-lux, they get the softer watered down Tacoma. A Hi-lux will beat the pants off any Chevy, Ford or Dodge. In my part of the world the cheapest vehicles in quality and price are ford's and Chevy.
I’d be embarrassed to pay that kind of money for a truck!?
If you don’t have the money just say that
@@soylameraverga6068 - musta struck a nerve
@@soylameraverga6068 If they are saying it that way, they probably have the money.
@@soylameraverga6068 I have the money, but I am not going to be taken advantage of.
These are for the Shit kickers and Bros.
Not so long ago a $100k vehicle was an exotic, fast, tough to find. Now a stinking truck goes for that!!
I remember back in 2003 when I was in Jr high my dad bought my mom an Escalade for $55,000, seemed like he bitched about the price for months after. My sister’s husband just bought her a 2023 Escalade and I think he paid more than double what my dad did. So yeah, In 20 years those vehicles have literally doubled in price.
I love ❤️ Trucks
Welcome to Biden’s America. Everything unaffordable, totally ridiculous.
@hippiefarmer6728 A clapped out Gallardo that some rich kid abused the shit out of maybe.
The funny part is, luxury cars are now cheaper than trucks. For the price of a decently equipped F-150 you can get a BMW 5 series or MB E class.
Really good, insightful, informative analysis. I just subscribed to your channel. I drive a 2018 Toyota Tundra. Bought it not long before COVID. Went on a Toyota lot the other day. Not only has Toyota made the engine in my truck (V-8) unavailable, they had a $10,000 markup on each new Tundra they had. I just smiled at the salesman, got in my truck and left. Apparently, I'm not the only one smiling and getting back into their current vehicle. Thanks again for posting. I look forward to more from you in the near future.
i love how $500 worth of "add-ons" are some how priced at $1700. specifically the care and convenience packages. the sad thing is they wouldnt do it if people didnt buy it.
The only way to combat them is to stop buying. Even when they come down some, wait it out. Never forget what they are doing!
wrong the govt has printed 10x the money supply they cant charge less....
@@privateer9181They can charge alot less, and still remain profitable. Their products are only worth what their customers are willing to pay.
They will never come down in price again. Just like gas, the price goes way up and comes down a little bit. Then that is the new norm. Just like we will never see gas at $2.50 a gallon again, we will never see a half ton truck for less than $50k again. And just like gas, nobody’s gonna boycott either. I work with people who’s entire perception of success is based on them buying a $100k+ diesel truck every couple years.
@@mxking317s How many people do you think can afford 100k+ trucks every two years? A very small percentage of the workforce has the income to do so. The minority doesn't dictate prices based on supply amd demand.
@@mxking317s Those people all planning for no future are terminally ill anyway... So it won't be an issue for much longer.
I would never ever pay 70k for a pickup truck let alone 100k. That's what I paid for 17.5 acre of land. Absolutely insane.
I rather have the 17.5 acres myself over the truck 😅
and youll never pay it off. where land only appreciates, seems like corporations would rather have us buying degrading assets
How much per immenant domain acre,always taxed per year,so you never really outright own a thing was that again??😂😅
@tophernuttle420 you also pay taxes when buying a truck or anything else, death and taxes are the only things that are guaranteed
@@FraterMikhail Indeed. They approve me for a car loan over 100k but not for a business line of credit.
I remember, back in the day, you could get a really nice fully loaded truck for just a little over 50K. Now they're almost 100k. WOW!
I live in Western Canada, home of the 100k vehicle not just the 100k truck. Drove by a large dealer with my girlfriend the other day and I pointed out the rows upon rows of 100k trucks. She asked me what I would pay for one I said about $35,000. She laughed and said, "that's a big difference." I responded with, "that's just how out of hand this has gotten."
I don't need an economics degree (even though I have one) to see that this is NOT sustainable.
This might end poorly for the unprepared. An absolute gold mine for people that are ready.
Good luck to all, take care out there
It’s really sad that a car payment is now like adding a second mortgage payment. On top of all of this, the reliability on these vehicles is crap. And it’s not minor issues. For $100,000 these things should be bullet proof
Adding these lift kit packages definitely does not make them bullet proof. Actually increases chances of failure
they are plastic proof. as in the st wheel on the new tahoes/sub is half plastic. mmmmmmmmmm classy
I agree, all new vehicles are 30-40% too expensive especially anything Stellantis.
My jaw is still on the floor looking at these truck prices. Who in the heck is buying these trucks?
@thadlm2698 nobody obviously 😂😂
I love how the accessory package costs about what the average person can afford to spend for a truck :P
@repentandbelieveinJesusChrist9 why the fuck would you come on a RUclips video about a truck and preach to random commenters about the Bible?
@repentandbelieveinJesusChrist9
It’s a comment about cars go Bible beat somewhere else
I would pay no more than 1 bitcoin (around $30k) for a brand new truck.
@@kanaanlopzIgnore it? Quit being comment *karen*
honestly just appreciate your authenticity, keep up the good work.
I remember in the 80's thinking a 30,000 corvette was Out of this world
The absolute cheapest diesel on my local lot is $96k. If you put $10k down on a 5 year note that's $1700/mo. Not a lot of people can swing that for a truck.
Truly insane.
add 350 insurance on top of that.
Don’t forget sales tax. Just isn’t worth it.
Go ahead, easy payment.
Should have come to Fourstars in Henrietta tx . They have 2500 chevs, rams new
This is why I’m driving a 20 year old truck and lovin’ it. 2004 Dodge 2500 quad cab with a high output 5.9 Cumins. Zero problems over the years, still looks and runs excellent! I paid $33 k, out the door brand new in 2004 and paid it off in five months. I’ve owned the truck outright for over 19 years. No way I would spend $100k for a similar new truck today! For $10k, I could freshen my truck up like new, and I will. I hope you manufactures read this because im sure there are plenty more guys like me out there today!
Five months? That’s impressive!
Yep, I have a 2005 F250 6.0L with only 150K miles on it. Going to put money into it instead of buying new
Very wise
Bought one with 240 k on it .. more happy than being their sucker
I drive a 2002 dodge 2500 Cummins, 350,000 miles and good ! Will rebuild when needed !!
Prices are insane! That’s like buying a small home. I think I have I’ll just have to try and keep up maintenance on my 06 and if need to put a engine in it when the time comes. As long as the wiring and electronics hold up.
100k for a half ton truck is insane!
Quarter ton.😓😓😓
Anything over $20k is insane.
@@ETT64imo they are really 30-40k max my 05 new was under 40k leather Bose loaded pretty good I paid 16k used few years ago they were blue book at like 2-3k! Now look for a cat eye going for what I paid years ago
There are too many good used pickups to ever have to pay that kind of money.
It’s nuts, but idiots just keep on signing that paperwork. “It’s just a little more on my note every month “
The new business model is less vehicles at outrageous prices. Once they run out of buyers they will crush unsold inventory then beg for a government bailout. They will blame the government for forcing them to EV'S for their problems.
Going to screenshot this because I think you maybe onto something
So true..... that's capitalism.... how's that working out for all of us???
@@Aikynbreusovthere is no better system. Stop being dumn
If they get bailed out again, I do believe there will be hell to pay by the consumer and voter. Reps will lose their seats and dealers will lose anyways because we are done with these stupid games
Forcing them to build EVs that people don't want to buy is actually part of the problem
I bought a truck,a 4x4 in 81, I took it down to a famous tire shop, had it lifted, and 33" tires and rims for 2 500 bucks .
It’s impressive that a channel with less than 10k subscribers reached more than a million views in less than a month on a single video. You’re doing something right for sure
Just a few years ago this 100, 000 dollar truck was 40; 000 dollars. The dealerships went nuts on the fabrication of the chip shortage. They loved taken advantage of their greed. Now the tables have turned and people don't want them. Let them go out of business.
What sucks is if they do fail, the government will just bail them out like all the other times. It's garbage and they misuse tax money all the time to bail out greedy companies just like chevy and all the others.
It's not just the dealerships. Build one on a manufacturers website, they are still over priced. Not AS bad as a dealer but it's still bad.
@@WyoHighlanderDef I hate dealerships. I never buy a vehicle from them anyhow.
@@donaldthetruthseeker-es3nu yeah same here. The mark up on everything from new sales to labor is crooked as hell.
Where do you buy if not at a dealership?
imagine what a 96k truck is worth after 1 year of use. the depreciation is epic.
Drops by half when it rolls off the lot, somethings never change
And it gets worse if they actually use the truck and it's not just a glorified grocery getter.
I know, look for 1 year back that someone is in hardship that needs to sell for what ever reason, they over bought, lost their job ....
I just paid 1/3 of selling price for the package I wanted with all the Mods I wanted .... One Third! it had 13k miles on it!
Big picture, trucks usually hold their value better but that doesn’t matter when they’re marked up 400% new. The used value is what these things are really worth brand new. I bought a brand new Silverado 20 years ago for $17,000. My how times have changed. Absolutely ridiculous. Trucks are not meant to be luxury vehicles. I’m never buying another new pickup. Screw them.
Totally nutz
Hey Man, Love your Video's, I sold Cars in the early 1990s, and again in the early 2000s in Reno, Nevada, Nissan, and Mercedes, did really well, today I see this stuff am I have no Clue what these people are thinking, I have eyes to see the New Car Market is in Serious Trouble, Dealerships are now facing having to close down, because of low or no sales, a Dealership cant survive selling 10 Vehicles a month, they did it to themselves, and now its time to face the Consequences for their Greed, Stupidity, and Arrogance ....
That "USED" scheme you were talking about, I know a little about. The demand in the US was so high there for a while that you could buy a brand new truck here in Canada and drive them around for a while and then sell them back to the dealer, who would then export it to the US as a used vehicle. You would loose almost no money and get set up to buy another right away. Not many people get to take advantage of that though, as it's kind of an insider system.
They don't even build entry level vehicles for average working families. They could take $50,000 off and still more than i would pay.
I agree. Cars and trucks should be under 20,000 to afford anything
The market isn't trying to appeal to working families they're trying to appeal to the working single persons without kids
@@robertrichardsonjr.6705 Tesla is working on it.
@@evos469government won't allow it. Too many required safety and emissions equipment
They can’t or more accurately refuse to build entry level vehicles anymore…their logic is “where else are we gonna hide and deceive a customer “ with all our overpriced phony fluff add on’s
Been driving the same truck for over 20 years. Very few people can genuinely afford the financial hit of spending $100k on a depreciating asset. Many just think they can afford it if they can make the monthly payment. They don't understand the true cost.
I hear ya, My Trucks are 20 and 30 years old. Just spent 1200 each on them to update them with some new comforts. Without all this new crap tech they have today. Still have the comforts of it though. Like overhauled motor. Fuel injection. Air conditioning. Cameras. LED lights and GPS radio. Also on my older truck I just put after market electric windows on it. Plus Fabricated a window that rolls down in the back to access the bed easier when we have the camper shell on. It all looks like it came that way. That one got the 6 speed transmission Found in a junk yard and fixed it up for the old truck.
Even the monthly payment is crazy anymore! People financing for seven years on truck that last five before you poor money into it 😢
Been driving a 1989 ford for 10 years now, just took her on 2k mile trip😁🤟
If only the the idiots who do exactly that would understand what you mean
They understand the cost, they just don't care
I don't know if you notice but the trend has been for manufacturers to build bigger at every redesign park anything from the 1980's next to its contemporary counterpart and you will see it, they get taller, wider, and longer every year, with the exception of truck bed size.
I've always driven sedans but about 5-6 years ago, I thought a truck would be good because my lifestyle changed. My dad always drove a truck but I've never bought one myself. I was SHOCKED at what they were asking for trucks. And again, that was 5-6 years ago. I thought they were overpriced then but it's gotten even MORE ridiculous since. As far as value goes, there isn't a $80-100K truck that exists. I know that's what some cost these days but that's not what they're actually worth.
I’m right there with you. I can’t believe these morons will be paying $100,000 for a truck that should cost any more than 30 or 40,000.
Yep and they don't realize as soon as its off the lot it will be worth that much.
TAKE A BUCKET A SHIT AND PUT A BOW TIE ON IT. AND THE LINE WILL GO AROUND THE BLOCK AND THEY'LL BE SAYING CHEVY IS THE BEST.
I worked at a truck dealership. I’m telling you right now on a $100,000 truck, the salesman will get paid $250, and an extra $100 if you complete a perfect customer service survey.
It will be a rusty junk in 5 years if it's like the 08-2013 trucks
@@chrisk920 sounds like a crappy pay plan, I got 30% of gross profit so anywhere from $1000 on 1500 models up to $3500 on HD models
Dont blame the dealers, blame those who continue to pay these high prices ! As long as people pay, dealers will continue to raise prices.
Yep there's one born every minute.😢
And these people will have these new cars/truck repo'ed within a few months of purchase wen they find they just can't afford it.
Truth!!!
NO.. blame the stealerships AND the banks who approved all these bad loans. The stealerships overinflated all the MSRPs and then added their own garbage addon stickers and all this started during the pandemic and it hasn’t stopped. What we all have to remember is these car stealerships have notes on the vehicles(floor plans) in their lots and just like our rates go up.. so do theirs and the longer the car sits the worse it gets for them also. Know your worth and do your homework before going to buy.
@@XX-166Nonsense. It doesn’t take geniuses to figure out these trucks are overpriced. “Bad loans” sounds like they’re not even well qualifying buyers. And yet you blame someone else for taking advantage of idiots?
Dead on with prices 😂.
I was genuinely curious to see if they were hiking prices and you’re spot on! Most running boards are around $400 and tint is also going for around 100. Paint sealant is going for 50.
Wowzas that’s one heck of a labor charge
The sad thing is even making 72k a year, these prices are just impossible. Long gone are the days of our grandparents able to buy a car, house and raise a family on 1 income.
Went to look at a Silverado back in late 2019 - was about $45k for the one I wanted. A few weeks ago, I went to look again - new model - but $61K for the exact same truck and options. 35% increase in about 3 model years. They can keep it.
I too bought my "new"SilveradoRST in 2019, msrp 47,xxx.xx I haggle for 2 months + bought on end of year deals OTD PRICE 38,600...
DANMMMM today's prices 👎🏽👎🏽👎🏽
😝 you should have bought it in 2019 😂
Problem is people will still continue to pay these insane prices. Best thing we can do is ridicule people for paying these insane prices. Make them feel dumb for overpaying.
It’s the obese white middle aged
Agree, let them all know they have a pricey pos.
It’s hard to make idiots feel dumb.
Here in Canada the trucks are such a theft magnet that the insurance companies are requiring an upfront 500 -1000 premium risk payment to cover the truck as well as rates actually doubling for certain models and other high theft target cars.
Come on!!!! Truck Stealing in Canada?? No way!! I thought the good people in the great white north were all law abiding, god fearing, hockey loving, Molson drinking, Skidoo riding, hard working people! AYYYYYYYYYY?????
I was going to buy a ford Maverick when they started hitting the lots, saw the +10K market adjustment and figured I'd wait it out. Here we are over a year later and even in the used market they're selling 7-10k above sticker, XL Hybrids included. It's not the cost, it's the principle of overpaying, the wastefulness that bothers me. For the time being I'll just keep drivin the 'ole 14mpg Ram
20 years ago I bought a four-wheel-drive extended cab pick up truck and paid $23,000 for it. Even with inflation his prices are ridiculous.
Did it had a cassette or cd
In 2007 I purchased a Chevy Silverado W/T reg cab vortex 6 with a 5 speed. Brand new I paid 12,000$ just 6 months after that the dealership was selling a 4x4 crew cab for 20,000$ I will never again buy new.
Your truck is probably going strong while 2019-2020s are already braking down 😂😂
10 years ago prices were around $25,000.
The thing is, even with a 20k discount, with interest, we are at the same place as we were. Thats something that most people aren't really aware of.
Craziness!! I paid $52,000 for a brand new RAM Tradesman 3500 Cummins in 2017 and now that same truck is going for $76,000. That’s the base model!!! Don’t do drugs kids!!!
Good video and I agree. These new truck prices are ridiculous. The new Trucks are way over priced and most buyers will be under water with loan to value for these trucks when they drop 50% in value after 2 years of ownership this market is crazy. The best bet is to let the buyers who can afford to spend that kind of money buy or lease then they turn them in or trade up. Then average income buyers have a chance at ownership.
Those trucks had a destination charge of $1900. Mary Barra should contact Tesla and ask them how they are able to ship their cars to every state for only $1300 destination charge. These dealers forgot to add $1000 for undercoating, $500 for nitrogen and $800 for ceramic coating. Don't forget the doc fee of $800. Gotta stick it to the buyer whenever you can, right?
Pickup trucks are heavier, bigger and longer than cars. The car haulers have to charge more to haul pickup trucks because they can't fit as many trucks on their truck as cars and they're heavier. Factor in the inflation and increased costs of running a semi truck and you have the $1300 destination charge.
Also they forgot "Vin etching"
@@BenKlassen1 💯👍
Don’t forget about the $350.00 Scotch Guarded seats!!!
A lot of people aren't aware that you could order a vehicle & pick it up at the factory to save some $$$ I'm not sure you can still do that because the manufacturer nowadays has to markup any & all things related to the sale of a vehicle
I bought my first house a 3 bed 2 and a half bath for 46k. I just dont see why anyone would pay close to or over 100k for a pickup truck.
Was just talking to my wife about that. My first house was 53k. I would actually stop driving all together and use public transportation before I pay 100k for a POS that will be in the junkyard in 15 years.
Ain't that the good old golden days that now have long gone....
In Cali, you cannot buy any decent house in a safe neighborhood for under $700K.
@@KikiNation1what about Fontana and rancho Cucamonga?
@@KikiNation1 I didn't think there were any safe neighborhoods left in California.
This is why I wait till my local dealer gets acouple trade ins 4-5 years old that there sending to auction because there 2 old for the lot. You buy them as is with no warranty but aslong as you get them checked out well you can get them pretty cheap
Drove past a large Ford dealership in Ohio the other day and was blown away by the insane amount of pickup trucks on their lot. It was a rediculous amount! It was obvious to me that they aren't selling because they're extremely overpriced. You'd have to be stupid or just have money to burn to pay what they're asking.
The manufacturer and dealers don’t work along aside each other it’s the dealership is a 3rd party company
They also made an ad that's for transgender in other words if you drive a Ford truck the person likes the same sex. Plus most transgender individuals don't drive big trucks.
@@darkshadow756 I made an ad once for a banana...it's not really relevant but neither is your comment. Most bananas don't drive big trucks either...most...not all.
Good! That's what I want to hear... let em sit!
@@darkshadow756
"you serious Clark?"
At this point, you're better off using the 100k for a house down-payment. The way vehicles depreciate, the asking price is just insane.
yeah bro, just buy your house flat out, duh!
@@exxxz1999smart move 👍🏻👍🏻
@exxxz1999 not everyone has tge money you do apparently! Plus I live in FL where the market is crazy due to all the yahoo's invading!
@@exxxz1999 I got my house for 70k, and that was pricey for the area, now you can't get a house on my block for less than 300k.
@@fett_420you also can't move for less than 300K...
Paid $35K for my loaded 2016 Tundra brand new. I have replaced one battery, one set of windshield wipers and two blinker bulbs. No other problems. They can keep their outrageously priced trucks. Mine will run fine for years to come.
Since my Silverado is in excellent condition, I'm leaned towards keeping it as daily drive. It's up to 20 mpg. Tows 8500#. The garage helped prolong it's life.
Was just up to the dunes and that $32,000 package would be great. The new little race rigs are close to $32,000 with cc engines and the trailer
Daily driving a truck that gets 20mpg downhill is a great way to triple you gas consumption compared to getting a 2005 corolla and saving the miles on your truck for things that require a truck. I'm going to assume you're still making payments on the Silverado though and likely can't afford a $5,000 fuel efficient car.
What's even more insane is that a salesperson can look you right in the eye and tell you the price with a straight face.
I used to work in car sales. That’s how these people eat and support their family. Don’t get mad at them because you made a bad financial decision. At the end of the day it’s the buyer that signs the ownership and financial contracts, not the salesperson. The manufactures set the base prices as well, it’s out of the salespersons hands
This, they just doing their jobs
That’s why I will never work at a dealership again, bunch of crap bag people
@@BasicName02you weren't forced at gunpoint to choose that career path, you could have easily chose a career where you made money by NOT screwing over uninformed customers
A car salesmen has the ethics of a disbarred lawyer
Lift kit installed $3500
Wheels & Tires $4000
Blackout Trim $600
Tint $100
Total $8200
Dealer price $32,500
Exactly, they are usually just spacer and block lifts.....ive lifted more than a few and seen these on the lots and was shocked how much they were asking, and also seen some dudes buying them.....didn't have the heart to tell them they just got bent over backwards and Bama jammed.....
Unreal, the ripoff! Rocky Ridge
🤣
@@kirkdunn1379yup. Suspension hyper-extended.....non functional wheel and tires.....truck rides like shit.....I've done few of these as well.....
What this video didn't show is 2 rows back they had a rfull ow of regularly priced trucks for sale too. I bought my truck last summer from Randy Marion in Mooresville (which is where this was filmed btw) and got a great deal!
The first brand new car I bought was a 2006 F-150 for 38k. It was fully loaded and everyone couldn’t believe how expensive it was. I look at a new 2023 F-150 and its literally double the price. I couldn’t believe it. In 10 more years, im sure they will be selling between 150k to 190k.
I was lucky enough to grow up poor enough that dad had to fix his own cars, so I learned to fix cars too. So I buy older used trucks, repair them and then drive it for a few years, sell it and do it again. I never understood paying hundreds of dollars a month for something that sits in the driveway most of the time. Especially since these new cars & trucks break down often and are almost impossible to work on anymore. You'd need a $10,000 scan tool to diagnose one of them.
It's insane. Just as insane is the used pickup truck market. I've seen 12 to 15 year old pick up trucks for the 150,000 miles have prices in the $20000 range. They should really be selling for 6 or 8 grand
agreed I have my purchased repo from my credit union 2009 GMC 2500 HD duramax crew 4x4 with every available option i bought it in 2012 for 38K I now have 245k miles on it and last year the trans computer took a crap and the Allison trans exploded on the freeway due to the control failure. I put 15 k into new race built Allison + control and had the motor gone through new injectors and updated tuner and emission deletes. my friends and co workers thought i was nuts for spending that much on fixing up an older truck- I love my 09 it has simple electronics great ride- Everything still works like the day i bought it interior and drive train. I have always maintained drive train and suspension top notch, no lift no hard use. I absolutely still love my truck and now it is a beast reborn. F the new priced junk made trucks. NADA vehicle value still lists my truck value at 27K
With 150k it should be even lower tbh
Yes,I agree I'm in Canada & it's just sickening!! It use to be well worth it for Canadians to just hop south to North Dakota or Minnesota to buy vehicles.. Our dollar is so poor now,it's common sense,that it doesn't make sense to do that anymore..$160,000-$180,000 plus 12% taxes here for a sierra 2500,lol,just lol!!
@@AlexJonesWasRight1776 You spent a lot less than buying a new one or getting something used and you know exactly what you have. If you buy a used truck you don't know what you are getting. Was it wrecked bad and fixed off the books so it would not show in a vin check. No way to tell until it's to late. I am still driving an 03 Sierra that I bought new. The transmission went out a few years ago. So I built a 4l80 to fix the weakest part of the truck. As long as you intend to drive it until it goes to the big parking lot in the sky. Putting money in it is cheaper than doing anything else and the insurance is cheaper on an older vehicle. That's another thing that's out of hand, insurance prices. Plus the fact that the size of trucks is growing just like the price. In 20 years the Colorado grew to the size of what a full-sized was.
@@davidwickboldt712 That last part is especially true. And they're getting even bigger than the actual full size trucks of 20-30 years ago. A modern 2023 Dodge Ram dwarfs my first gen D-250 long bed when parked side by side.
I remember around 2009 when we were deep into the recession, pickup trucks had been hyper inflated like today until the market crashed and they couldn't give them away. I think history is now repeating itself.
It is, only this time it will be far worse
I bought a 2009 Chevrolet Silverado Texas Edition 4 wheel drive extended cab short box brand new for $33,000 in 2009- Prices have more than doubled since. I still prefer Chevrolet but a coworker recently rented a Dodge Ram pickup while he was in Houston from New Orleans and kept mentioning how much he liked the Dodge Ram he was driving as we went to lunch….
Chevy still hasn't paid us back for the bailout that year
During Covid in 2020 they were giving these things away as well but since then they have skyrocketed without any good reason.
Vote Red 😂😂
I like your bluntness. Keep strong!
It has taken me 30+ years to erase the Pontiac Aztec from my car geek brain and you brought it all back in 2 sentences. But now that you mentioned it yes, the Equinox does does have some subtle design queues from that awful car.
Trucks are more of a status symbol as they have gone from rubber floor covers to fully plush out. Like back in the 50s and 60s, the bigger the car, the more it looks like someone is doing well. It been going on for decades. These prices will never stop.
And the funny part is, these Rocky River conversions, are just rims and a cheap lift to make your truck look like a "bro truck", so then everyone will assume you're an asshole because "bro trucks" have a bit of a reputation for being driven by violent assholes.
They can keep them then
@@mrvwbug4423 bro truck? Violent assholes? Lol. That's a stereotype I've never heard before! 🤔
Depends on what type of truck you drive I drive a 98 pos f150 with a cracked windshield that leaks and no ac not much of a status symbol 😂
Yep, and lowers their cargo and tow capacities.
Went truck shopping a couple months ago. Walked away in disbelief! I was actually outraged by the prices they were charging for trucks. Dealer tried telling me it’s not their fault so in front of him I built a Colorado trail boss online and showed him it costs 40k his was for sale for 53k same as I built on Chevy site. He just said if you don’t want it someone else will do I walked off the lot. Always been a Chevy guy but I’ll never shop there again
I feel your pain. In febi bought a used F150 4x4. Has almost everything I could need, MSRPwas $32k.. they had the balls to want to add $6k in add ons.. I told them I didn't want the ridiculous crap and not to put them on.. they said they couldn't and I didn't have to buy.. I managed to get them to take off $1700 from the crappy add-on's. I was ok with the deal because the previous owner had added gooseneck package, wheels n tires, and a few extras. In my opinion about $6k in added value for me who would have put that on anyhow. At the end of the day I agree with everyone.. this crap has to stop.. not everyone who buys a truck wants it just to look good and show off..
Never buy brand new unless you have cash to throw in the trash.
It's unfortunately not just a Chevy thing. Rams Fords and even Toyotas are all disgustingly expensive. Hell, my uncle recently bought a new Tundra for just under 84 grand. I didn't know whether to be impressed or smack him upside the head for encouraging this price gouging nonsense.
A lot of loyal customers are dropping brand loyalty for good due to dealer greed.
It's Biden inflation
My first house was less than many of those trucks...that is insane to me that people would spend that much on a liability instead of an asset.
Our first truck was a great Nissan pickup, black. Easy to fix and it hauled a household across country…it was manual
I never dreamed that I'd see trucks priced so high.
It's only getting worst going forward.........
Last new one i bought was a 2003 F150 Supercrew XLT , 2Wd because I had no use for 4wd . Other than stepping up to a Lariat or a conversion - it had every option. I think it was 28,000.
Right. Ten years ago u could get one for 30k
And this is why so many Americans are buried in debt
And here I thought it was crazy that I was walking away from a 2016 Chevy Silverado z71 Off-Road Package at $37k pre-pandemic in Austin TX to purchase one with lower mileage and one year older for $20k in Georgetown TX. No haggle almost all the same features the big difference being the apple play interface and computer. I still have the truck it's been about 4 years and I have put 110k miles on the 2015 chevy Silverado z71 off-road package all the bells and whistles for that model in that year with bed liners and tint with side steps and 4wd. Here is the thing for me, I know many of these trucks to be made in Mexico even if many parts are imported from China. That insight for me was specific to my background in policy and business elevated by my Masters degrees and just growing up in a border state. You could never convince me to pay that much for a truck. I live in Southside Chicago now and my truck is all beat up from my work in the natural resources and energy industry specifically industrial and mining. However, the trucks I see around here are what many truck folks would consider street queens and that is what they are driven by folks in the city who want to be truck people without the need for a truck. I received many offers during the pandemic to sell my truck and I still receive offers, so there is still a demand but I won't sell with these prices and likely will keep it till the wheels fall off. Actually been looking at buying another but direct from a seller. It is a risk but with these prices if you know vehicles then you can spot the lemons and find the peach. I keep it running strong keep up with maintenance like my grandfather a (Master Mechanic and 32 year US Army Engineer Retired) taught me and it will last me a long time. It's driven across this land from the mines nestled in the Colorado Rockies to the Deserts of West Texas and all across the West and Dixie and everywhere in between through all the elements. With minor rust because I always keep up with it and lined the undercarriage in Colorado.
These truck manufactures are out of their minds and the dealers who are doing these expensive addons are insane. I remember this started with replacing the ugly Rims car manufactures used to put on vehicles, now it's turned into pimp my ride and finance me for 8 years.
They can rot on their lot for all I care. I thought paying $47K for a truck was insane back in 2012.
@hippiefarmer6728 I agree, it guarantees a return customer in their mind.
We need to form a buyer’s union and hold collective buying strikes in order to force price-drops. Truck enthusiasts unite!
Also to push out unwanted electronics and emissions!!
It is called don't buy them.
@@tb7280 yes, but in order for that to have a significant effect, we have to collectively not buy them together and starve the dealers of sales. Then hit them all at once with purchases.
I worked with the longshore union my entire career and saw people at their worst, therefore hate unions. However you may be onto something here? Remember gas wars? Never go to the more costly stations therefore driving costs down. Again, you have a great idea.
I bought a used truck at a car lot in 06, and haven't bought another truck since then, nor plan to anytime soon. I'm doing my part I guess.
The worst part of these prices is the trucks just don’t last long anymore before they start breaking. Everything’s plastic and electronic and designed to fail once the warranty is up. In turn, forcing consumers to trade them in and buy another new one. It’s disgusting.
precisely why I drive a 21 Tundra. not too many electronics. plain and simple.
trucks are so profitable, but the real issue is when you buy a rocky ridge or any other upgraded trucks is they are regular trucks with aftermarket extra. when you total this $95K truck the insurance sees a work truck and your check will be less than original sticker without the add ons. so maybe after a few months it will only be worth 40k to the insurance and all the extras are lost. I had a customer get a check from his 100K truck 4 months old was just over 42K. he lost the difference.
I was at a ford dealer for service abouit 6 months ago and the service manager I was talking to was just getting off work. He showed me an f150 with a conversion kit on it. Looked awesome. $52,000.00 MSRP before the conversion kit. $90,000.00 after conversion kit. He said it was approxematly $2,500.00 in parts and labor and they added approx. $40,000.00 to the price. He said it was the biggest ripoff the dealerships were doing. Sounds like the same tactic with Chevys.
its also a way to markup that avoid manufacturers enforcing MSRPs.
I dont like the low quality bug invested crap they push out the door. I dont like the stealerships. It isn't all the manufacturers fault or greed. The government has forced mandatory EPA rules and safety regs on them. Higher miles per gallon requires expensive tech.
Jeep is doing the same tactics!
Way back in the day you could order a car or truck the way you wanted it. Is that true anymore? There's a guy on RUclips who ordered a specific Tacoma that got wrecked prior to delivery. The Toyota Dealer gave him a new Truck, with upgrades, at the same price as the truck he ordered. He got a great deal! Does that sound even remotely possible?
@@kndvolk My experiences with Toyota in the past are pretty good. They make a decent product, although very generic, and they used to worry more about hi volume and keeping the customer happy albeit sometimes it seemed like herding cattle. His experience with the pickup could very well be true but I'd still like to see it. Would never happen with Ford or GMC.
The situation has gotten out of hand! When my Volvo lease was up early last year, I wanted a new truck, but the prices were ridiculous. Then GM announced the E Silverado work truck at a competitive price in the $40’s. I reserved one only to find out that price would not stick for long, even before they made a single one. I just found me a ten year old Escalade EXT (mid 20’s) instead and have been completely content. At my age I can remember when the avg cost of a home was about 125K and now that’s the cost of a truck! Go figure.
It’s ridiculous. My home I’m renting was built in 2018 for 301,000. Now it’s sitting at 586,000 and not a single thing was done to the home. Trying to get a home loan for these high priced houses is ridiculous
These truck prices are insane today. I am 63 years old and I bought a special order 1987 Ford F-150 XLT with every option in the book, 4WD, dual gas tanks, the best engine, and on and on. I even ordered it with special colors, metal flake silver and metal flake blue. The salesman I got it from said it was the best and highest price truck they ever sold.
I paid a total of $15,200 for it, and the extra $200 was for a 6 year unlimited mileage bumper to bumper warranty. Yes it was $15,200, for the best truck you could get. I worked at a union printing factory with 300 employees and every guy there who had a truck was jealous of my truck.
Today no truck should ever be more than $60,000, at the most. I sure would not pay $80,000, to $100,000 for a truck, ever.
Thanks for making this video man, I as well as many other people I know think the same about this situation. Its time we take control for the first time in this economical experiment were subjected to....
I sold Chevy trucks in 1982. We were selling half ton base trucks for $4,488. Extra hundred bucks for a rear step bumper. Go figure.
I’m in my late 40’s. My Mom bought a brand new car the year I was born for $2500. By the time I was in high school, only luxury cars were over $25,000. This is nuts and absolutely not sustainable. At this rate, a new car will be $500,000 within 20 years
Have you seen where the dealership owners live? I knew one personally that lived in a gated community, drove two Ferraris, his wife a Mercedes SUV with her “New” boobs. This is the lifestyle they’re trying to maintain. The rest of us have to cut back on expenses.
@@MFXdump All the more reason why people need to stop paying it. Negotiate them down or don't buy. Don't bother buyin' brand new. Get something at least 3-4 years old that is reliable and as low of mileage you can get.
40 years ago Youre mom made MAYBE 7 bucks an hour and you make 20 plus dude
@@mtbasshead houses were $35,000-45,000. One income could support a large family comfortably. Income has not increased with the rises in prices and inflation. This not sustainable. When a new truck is $250,000 lets see if everyone is making $100 an hour and can afford them
@@MFXdump my Uncle owned a large GM dealership in the 80’s. He was the richest person, and only rich person in my family. My cousins had their own wing of his house.
This is what happens when you shop for monthly payments instead of purchase price. They'll give you a loan long enough to get you out the door.
A 9 year loan though? RIDICULOUS!
@@devinsinderwitcz9134😅
I still think most are LEASED.
@@josephvoytus3694 As of right now, you are correct. My wife just did another lease about a month ago because to purchase price plus the NEW interest rates right now, made her used lease payment MORE than she would pay to just lease a brand new car for another 3 years...
Still over $1,100.00
What the hell happened to the $15k pickups? $63k base price?!? even adjusted for inflation over 20 years; that's insane!
In 78 I bought a house in vegas for 43,600. I still can't believe how the prices of everything have just gone through the roof in so few decades. It's the same ole game, raise prices faster than you raise wages. Gives people the illusion of actually getting a raise.
I agree with other commenters, build some base level trucks. Thing is they don't want to because they make huge profit off the extra trim models. I bought a base level truck, the next trim level up was $5-$8 K more and all it had for that money was some decals and different wheels, next trim up for another $8k was a back up camera and Navi. I put a camera and navi on for $200, don't need bigger wheels cause that's just more money when I need new tires. Like you said, when they can't sell them they will crush them and get a government bail out at our expense. The world's gone mad with greed.
Thank you, Joe Biden and his party!
@@SpringfieldGuy If you think government bailouts for corporations are exclusive to the Democratic party you haven't been paying attention.
@@charlesberkeley6429 Exclusive, no. But IMHO things have certainly deteriorated since Biden's election, but I understand many disagree with me.
Unbelievable that people were buying them in the first place. I would venture to say that most people that bought a $80k-$100k (non-work) truck are not the most financially astute.
You can even spec out a 1 ton (3500) loaded how anyone would want for $63k. That’s way less than any of these, and they can’t even haul near what the 3500 will.
The number of uninsured drivers is unreal. Always carry full coverage.
I tried to get a $50,000 mortgage on a house 5 years ago (that same house today sold for $i69,000) with very little work or money put in it. When I tried to get the $50,000 the bank fought me every step of the way. I finally gave up on buying it. When I see regular working getting loans for these $100,000 trucks it blows my mind.
Was at a used car lot at the local Chevy dealer, they had a 2022 Ford Maverick XLT that had the non-hybrid engine, with 15k miles on it. They were asking $33k, the window sticker from the truck was in the glove box, it showed an MSRP of $23.9k. WTF?
Then take that to them and be like - i will pay this price.
@@corail53 I tried that, they said they were sticking to “market price” and were not coming down. So I passed on it.
I'M outraged for sure! The manufacturers have lost their damned minds. The best thing we can do as consumers is let them sit, unbought, on the lots and rust.
Maybe then these manufacturers will figure out that $80,000-plus is a ridiculous asking price for a damned pickup truck! I, for one, would not buy one for that price even if I won the lottery.
The problem isn't the price of these pieces OS. The problem I have is how quickly my tax dollars are going bail these vultures out when we have VETERANS living on the streets!!!!!!
And I think we all smell the bailout in the very near future. I give it to the end of next year. We should not allow this, these greedy bastards just need to fail. They want to screw us over and then wait for us to pay them anyway with a bailout...it's a win/win for them.
Makes you wonder doesn't it ? And yet we let politicians convince us that bailing out our kids from 20years of school debt ,is a bad thing that our tax dollars can't pay for .
I don't live on the streets...
In 2003 I bought a Chevy S10 for $15000. I still have it because of this crap. I need a pickup but I can't buy one that costs more than my house. The automakers can't make small trucks anymore because EPA regs make it not worth it. K-trucks are going to become popular.
I worked at a dealership for 10 years, i was forced by management to add on a lot of extras , tint, nitro, detail, etc. this was all very low cost to dealers and very high markup to buyers.
What's crazy is even a standard 14 Silverado with over 100k miles, still hovers around 30k$.
Thats a $8k truck with inflation
I wonder how much I could sell my 2010 Ford Raptor for then lol. It only has like 80k miles on it.
That person can keep that truck for that price. I'd give em 5k at best and it better have new tires and be Flawless.
@@israellopez9725 Ding ding ding.
Dang, I bought my Porsche for less than that: '09 Cayman S w/ 72k miles