Your experience at the car dealership is about to change. Here’s how.
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- čas přidán 7. 08. 2023
- The Biden administration is taking on the car dealership racket.
Car dealers are one of the five most common professions among the top 0.1% of American earners. They spend millions every year to influence politicians and lobby for favorable laws around the country.
Now the Federal Trade Commission is proposing new rules to stop them from ripping you off.
Under a new FTC proposal, car dealers would be required to provide buyers with a true "offering price" - the actual full price that a buyer would pay - and to list an out-the-door cash price that they would honor for any specific vehicle or financing term they advertise.
The FTC rule would also ban junk fees and bait-and-switch false advertising for cars.
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The link mentioned at the end of the video will be added shortly!
Four hours later ...
Thank you for all that you guys do.
8 hrs. ☹️ later
please like this comment when you add it so i can come back
Where is the link mentioned??
First time I went to a dealership they offered “valet service” where they took the car I already owned and parked it far, far away, basically stranding us there. We were assigned a salesman who said he was new-he was actually the top sales guy. He quoted an insanely high price for the car I wanted that was originally a good deal. He did the whole “let me ask my boss” routine where he disappeared for hours. My wife and I saw he left his phone on the desk, which was dialed out-they were listening to us on the other end. Fuck dealerships.
I would have started playing on his phone... have some fun!
His landline work phone, not cell phone
Pretend to have sex in the room while you wait. 😈
That is considered eavesdropping in every state. I would've taken a picture of the phone to show it was actively in a call and then filed a police report.
@@JWFasand the cops would have done... Nothing!
This is long overdue. Buying an car in America is such an unnecessary, bait-and-switch nightmare.
IT’S YOU!!!
You're the only frequently commenting youtuber that I don't hate lol
Buying new or used car is a financial burden on the average American. Only if America didn't design there cities to be car centric and made them walkable. Also big oil & gas an car manufacturers caused this problem.
Chocolate rain is here?
#tesla
We should not allow corporations to buy legislation that helps them! Vote these people out and let them know.
Do more than vote. Protest, unionize, advocate.
Yes
Removing the profit motive is the only way to prevent moneyed interest from buying favorable laws.
Every single state has laws that benefit car dealers. Voting for either of the two parties hasn't stopped that from happening.
That doesn't work, when they will go to the next politician that needs campaign funding and offer them the same deal until someone accepts. The only way to make any meaningful changes regardless of what party you vote for is to make lobbying illegal.
You cant vote out the Supreme court, and they gave us citizens united, you know that dog shit ruling that gave corporations rights?
Theres nothing i hate more than buying a car from a dealership. We need to buy directly from the manufacturer
There in lies the problem: In the US, dealerships have the monopoly on the new car supply.
Honestly, we need to build our cities so they can be lived in without cars. Rebuild our rail systems and our public transit networks. Berid ourselves of single family zoning. Stop subsidizing suburban sprawl with federal dollars.
@@traviskittehSo no one would be allowed to own their own vehicle?
Or am I mistaken in that assumption.
@@Gfish17No, they didn’t say that you silly goober. They said cities should be built so you don’t need a car.
Definitely its better to be ripped off by a big corporation than a local fat cat?
If you know ANYTHING about the car business you know that there is a dwindling amount of good dealers because now the dealerships are mostly owned by big chains. More choice is better. If you refuse to be an adult and be diligent when making one of your most important purchases there is no amount of laws that will fix things for you.
If only the USA would follow other countries and have a vast network of public transportation...like Japan or the Netherlands.
Hardly any cities do this in murica because... We're dumb lol. I live in texazz. Trust me... We're dumb lolz.
Have to completely redesign cities and make them walkable too. Can't just do one, have to do it all. Funny how they say America is about freedom, but you're extremely restricted on what you can do with your own property. All American cities are the same, government planned and controlled. In Europe cities are more organic, you can do what you want with your property. You can start a store in your garage. In America that's entirely illegal. Land of the free.
Oof. I get what you are saying but... America is MUCH bigger than either of those places. My state is bigger than the Netherlands, for example...
I think a more common sense approach would make sense. Public transportation is needed. We just also need to acknowledge that cars may make more sense in places where there are more people than cows.
Ha, no thanks!
@@S.A.White... "It's too big" is something that Americans always point out, but... America was built on trains before cars were mainstream.
Basically every city had major train stations, with very few exceptions.
Even rural areas can have public transit. My family lives in an island that is extremely car dependent, and yet even that area has public transit that runs all week and is 100% free.
All of this is possible. We, as a country, just have to put the will to do it.
It doesn't end with the dealers, either. I financed my last car, because needing a new car was a bit unexpected, and when I paid it off they were supposed to transfer the title to me. Annnd... they didn't. The financing company and I went back and forth for nine months, and each time the same rep would have me complete the same form and tell me I was all set, that all I had to do was go to the DMV and the paperwork was ready. And each time, they lied -- oh, but they'd have some excuse for why my car wasn't in my name -- they sent me the wrong form... I somehow sent them the wrong form... they didn't receive it (they used this one a few times)... oh, they miscalculated the vehicle price and I still owed them some money... my paperwork was lost in the system... I owed them yet another car payment (because it had been "more than six months" since I paid the car off, which somehow works out to me owing them money)... they had computer issues that somehow messed up my paper form... it was literally every nickel-and-dime variation of "my dog ate my homework" that you could imagine!
Here in Florida, by law, this is all supposed to be completed in the first 30 days after the car is paid for... and they stalled for nine times that. My tag expired around the fifth month or so, and I couldn't get a new one without the title -- so for about four of those months, I was legally unable to even drive my own car (fortunately, we were in the pandemic at the time, and I was working from home, so the trouble from that was at least mitigated).
The final time, I sent them 9 copies of the form, 3 by USPS, 3 by FedEx, and 3 by UPS -- all with signature required, all notarized. There was no way they could wiggle out of it and say they didn't get it or lost it or alien ninjas stole it or whatever -- they had NINE copies, and I had the signatures to prove it. But, sure enough, they didn't get it. So instead of calling anymore, I just sent an email, in which I made it clear that I wasn't gonna play their game anymore -- I was gonna let my lawyer have fun with that. And I made sure to not only send it to the rep who was yanking me around, but to cc the CEO of the company... and the COO... and the CFO... and the Marketing Director... and the Regional Director... and like half a dozen other people with equally impressive-sounding titles. It's amazing the email addresses you can find when you're ticked off and stuck at home!
And what do you know, three days later and my car is in my name, "easy" as that. I shouldn't have had to do all that -- NO ONE should have to.
Sounds like they expected you to default on the loan so they can repo the car. Then they can sell the same car to the next sucker.
Wow.
Carvana literally became what it swore to destroy, and that’s really sad because I had a lot of hope for them as an alternative way of buying cars
Where's the "link below" to let the FTC know we want the rules enacted?
Commenting to upvote this.
Bump
for real! where's the link?
agreed
Yeah, please include the link. Also, please include actionable links in the articles if your website too please
“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
- MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
- MLK, Speech to SCLC Board, March 30, 1967.
Captialize gains, socialize losses. Thats what corporations do.
And that’s exactly why the FBI unalived him
blah blah blah... isms everywhere!!!!!
@@user-io8bm6gz5z "I already am eating from the trash can all the time. The name of this trash can is ideology. The material force of ideology makes me not see what I am effectively eating.“ - Slavoj Žižek
@@user-io8bm6gz5zHow are we enjoying the new account Comrade?
It's a finders fee because it was found in the dystopian lot built to trap and overcharge you
Stealerships and capitalist hospitals have a lot of similarities in their pricing schemes, actually
And for profit higher education is like that too
This is an experience I’m dreading! So much so that it makes me maintain my almost 20 year old car for as long as possible. ☠️
So true. Mine is a 2001. I don't even want a car but you kinda have to have one. Ugh.
New cars aren't worth it anyway. They depreciate so much, and it seems that especially in the last few years, quality has taken a dramatic dip. Three year old cars where the radio has stopped working, or that have structural rust issues. Holding on to used cars for as long as possible is the most economic and environmentally friendly option. Good luck with your car. Mine's 39, coming up on 40 years old
The thing is for older cars most parts aren't being made anymore, so you have to go with used parts and that's a gamble.
My dad's 96 Accord broke the flywheel flex plate broke and it's no longer being made so had to get the part used. With the costs of repair, that's definitely a way to force people buy newer cars.
@@josealfonsocontretas5724 It often takes some detective work. Often parts from other cars are the exact same, but the parts number changed. Or the manufacturer might not sell it, but a third party supplier does. It can definitely be a hasle, depending on where you are what car you drive
I have a 2017, I think I can drive it for another 12 years. I could afford a new car easily and I see a few cars I would love to buy but even though I know it’s a bad idea, what really keeps me from buying a new car is the dealerships.
@6:40 this video said there's a "link below" for us to click on to message FTC to show support for the proposed rules. I don't see said link... I'll come back later and hope the link is in the description.
I have been kidnapped and held against my will by car dealership. I am only slightly exagerating. Shout out to "Hood"bridge. VA.
Did they "lose" the keys to your trade in after the appraisal? I've had that stunt pulled and had to threaten to call the police to get them back.
@@JPAudio22 almost exactly something like this and I too had go "postal" in order to get out of there.
@1:51 As a female, I think Women need to be counted in this group as well. When I was single, I swear I could see the dollar signs roll up in their eyes when I pulled into the lot, garage, shop etc. It's a horrible feeling.
Young people, too. Dealt with a lot more horseshit in my younger days.
Everything about Cars is a nightmare, even if you're filthy rich. The insurance, gas, oil change, inspections, all the other hidden fees. The risk of getting into an accident. Thats why I like the high end electric mobility scooters. The only expense you ever have is replacing the batteries every three years.
yeah but dont hit on a scooter though thats worse
You'd think so, but while it is slower, I can't count the number of times I drove past all the cars on the pavement that were stuck waiting at lights. For short range travel it is nice. Cars are nice if you need to drive a long way away.
And then there’s Jay Leno who hordes all sorts of cars in a warehouse
The other problem is the urge to kill yourself every morning because you own an electric scooter rather than an actual car.
@@itsoktobehappy461 Don't pretend like you speak from experience, Troll. The high end models are great unless you need to drive a very long distance. Enjoy your regulations and constant expenses.
I recently bought a used car… And it came with what I thought was going to be a excellent warranty based on the way it was described to me. Upon getting home I was actually able to read the fine print… Only to realize that there are zero circumstances where this would cover my vehicle. I then proceeded to call and ask many many questions only to have my suspicion reaffirmed. Thankfully, I did it within the first week of getting the car and I was able to cancel the warranty… And I saved myself $3000 off my loan.
I'm happy I never treated my customers like this, and I always worked to get them the best deal possible.
At 6:49 you say "the link below", i.e., a link to a comment page at the FTC website. But there's no link.
"In 20 years, I won't be around to cash in. But my sons will. My grandsons will."
This statement was made to sound honest and respectable and dependable. But it highlights the core problem of the car dealership system. It's a hereditary monopoly. It's a local mercantile dynasty. As long as this shit is allowed to exist, car dealerships will always screw people over, one way or another.
You want free market capitalism? Then at the very damn least, live up to its principles. If you don't want strong market regulations, then at least make sure there's a market to bear down on car sales.
Although, better still would be to uproot car-centric sprawl. Tax commuters their fair share for the infrastructure they use, and give the people a robust alternative to driving. The people have a right to live their lives and function in society without these giant metal tumors sucking them dry. Car dealers should not be made into purveyors of an essential product.
I hear what you're saying. And I would suggest that an inherent potential for abuse does not automatically mean such built-in opportunities for abuse are inevitable.
I agree, that in our current sociopathic predatory culture, it is very likely; but if we start to better incentivize a greater moral responsibility over immediate material gain,
then we can travel down a new road. Obviously, there are going to be bumps along the way; and a lot of interests, will want to turn us around; but, ultimately, it's up to us.
@@darinsingleton3553 If the system favors abuse, abuse is inevitable. The dealership model prevents accountability and it prevents market competition. People are guaranteed to be screwed over. No need for wishy-washy weasel words. It will happen.
And it's a way of building unfair generational wealth. If you're the only dealer in an area, and if you're in a state that has laws on the books that essentially grant you a monopoly in that area (fun fact, corporate car stores like Tesla's are illegal in a lot of states, thanks to dealers), your kids and grandkids will get to live like vampires.
Dealerships are like the twisted opposite of an estate tax.
All ours are owned by big time lawyers... Very rich lawyers!
I've been going through the process of buying a car for my daughter over the last month. When we located a vehicle we both liked, we contacted the dealer and started negotiating. Since the vehicle was located in CT, and I am in NY, the fees were a bit of an issue. NY mandates no more than $175 for doc fees, but CT has no such limit. The dealer added $796 in a doc fee I refused to pay. When I explained how NY only allowed for $175, the dealer said, "Well, if I lower it for you, I have to lower it for everyone." I knew right there the Sales Manager was a piece of garbage, so I said thank you and hung up the phone. Their total add-ons amounted to nearly $1,500; in NY, it was $450.
5:06 - "How much money am I gonna make in 20 years?" -> See, that's the right question to ask. The real reason why Japan's auto industry practically ate the American auto industry alive in its own country is not because of American unions, but because Japan's corporate structures are geared around long term improvement, not quarterly profits.
Also, this may be part of the reason why Costco is as ethical as it is (at least, compared to lots of other businesses).
Way to go Earl and Sons!
The problem isn't just the fees or useless finance products (like leather or paint protection). Dealerships, for the most part, keep the lights on from the service department. Walk into any dealership these days to get your car serviced, and you will be presented with several financing options if you can't pay on the spot. Car repair prices have gone up exponentially, and it is criminal that we are at a point where we would have to finance a loan on something like an oil change.
I believe dealerships shouldn't exist in general, but I’m not sold on the Tesla online model either. We need to regulate things like trade-in values and interest rates. Even if we legislate things like fee transparency, dealerships will still find ways to make money from people's negative equity. It is simple, the more they sell a car, the more they make. While American culture wants to convince us there's this freedom to negotiate or bargain a deal and that it's all about becoming an educated consumer, it's all a facade. You are at a severe disadvantage no matter how much knowledge you have of buying a car; regardless, something like a car shouldn't be complicated.
I'll end this with a story. One time when I was buying a car, I had been negotiating with the salesperson all day; they brought their sales manager in because we couldn't come to an agreement. I don't say this about many people, but the manager was a real POS. He tried every sales tactic on me to the point that he became furious and was guarding the door. At one point, I asked him what he did before getting into the car business. His reply was something that has always stuck with me; he told me he used to own a debt-collecting business, in which he would knock on people's doors with court orders, police present and take away all of their belongings as well as do things like garnish wages, empty bank accounts, you know just making sure people were repaying their debts. He was laughing the whole time explaining this to me; it's like he was really getting off on this. I want to remind everyone that these are the kinds of people that work in this trade (petty bourgeoisie). There are more honest and transparent dealerships, like the one in this video, but it's not the norm for the most part. It's predatorial, sick, unethical, and shouldn't exist.
Great to encounter young people committed to combatting the corporate takeover of American life! Reminds me of the 1960s! Keep up the great work!
Is it good that they want to be spoon fed every aspect of their entitled lives though?
I was just sold a car a couple months ago and wish I saw this first. I wish dealerships actually talked to their customers and helped them buy a car that they liked instead of selling something more expensive that the person doesn't want.
From a former vehicle sales person and currently an insurance agent I can say the shadiest dealerships to buy from are the ones who have volume pay plans.
Usually there's very little negotiation because they sell the cars at "cost" when in reality they have high dealer packs and scrupulous fees.
They incentivizes the concept of "get as many through as possible by all means"
2 things that make it way easier to buy a car from a dealer. Be in a position where you don’t need to buy a car immediately. And don’t finance it so you can force the dealer to quote you an out the door price. Always works for me. Process still takes forever
It is easier to fool people than it is to convince them they've been fooled
What if you want to finance?
@@DanielGreenlee You can get a loan from your bank before walking on the lot. Odds are your bank will give you a better rate.
@@jamesphillips2285and credit unions are even better!
Over the past 40-years, Dealership BS is the only reason I have held on to vehicles an average of 8-years (instead of 4-years).
My mom has bought 4 new cars in my life. Each and every time it was like pulling teeth. She'd walk right off the lot as soon as they pull their nonsense.
The two times I have been ripped off buying a car have both been at Toyota dealerships. I wish we had a dealer like this in the Bay Area.
You know, I actually looked for a new car in the Tampa area recently and can attest that they are all scummy. 1 dealership I was looking at a Toyota Prius and it was listed as 23k. I show up, do a test drive and a Manager walks up and asks "Are you ready to buy the car now?" And I said yes. Him and his salesperson return and they raised the priced to 33k. I immidiately said no and we went back and forth for hours and I got it down to 28k but that was still too much. The Manager was literally drenched in sweet cuz I kept calling him out, which was actually funny. I eventually walked out. He did call back and lower the price to 27k but i still didnt bite.
Another Dealership around there I called tried to make me pay for an inspection before i showed and the sales lady was being super aggressive about it too. I didn't even bother.
I last shopped at a Toyota dealership in 1992. Their arrogance was palpable; I didn't stay long. Congrats guys on losing a customer, and the next generation after him, for life!
They don't have a dealership like this in FL either. So called transparent pricing is simply another come-on to get the suckers in the door.
Go back and pause the video on the screenshots of the documents. They have the same obscene markups and BS charges and that's all before you are hit with the financing scams
Toyota and Honda have (had?) such great reputations that their dealerships basically run as "pay [near] sticker price or fuck off." We were told flat out by salesmen that they don't need to negotiate because they have no trouble selling cars.
Good on them to be transparent. Still think the dealership model has to go though. Not to mention our terrible addiction to cars in general.
Also, manufacturers shouldn't be forced to use dealers to sell their cars. Another byproduct of the strong arm of the dealer lobby. This allows them to charge over MSRP whenever they want, in order to boost short term profitability.
This is true. The CEO of Ford Motor hates that he can’t sell directly to customers. Dealerships selling vehicles 10-20% over MSRP hurts Ford’s reputation even though they’re a separate entity.
Every time I went to buy a car, I was fighting the patriarchy and predatory coercive abusive manipulative sales tactics. Sexism and classism. It felt like going to a battle. I ALWAYS won. 🎉
It's nice to hear these guys own up to the practices. I pointed this out in a group setting once and the car salesman there was so offended that I would share my observations.
I walk out in 5-10 minutes unless they go along with my program. I’m spending 10s of thousands of dollars. No silly games for me. If they’re bad I don’t go back. If they’re mostly respectful just wasting my time, I’m very clear. I have a lot of money to spend. If you want it, please respect my time and wishes. My favorite thing to do is to tell them they have five minutes when they go into sales manager’s office to come out with a firm price. After 5 minutes I walk out telling the receptionist if they want my business they have to do better!
I remember back in 2013 I had just got done with school and was getting my first car. I saw an ad in the paper for a great low monthly payment with a small down payment. I called the dealer to confirm the ad and got a ride there. Once I got there we went for a test drive and went back to the desk to fill out paper work. When the numbers came in they did not match the ad. I asked why there was a discrepancy and the salesman said something along the lines of, "oh this ad was for one specific car in the lot and it sold earlier today". I got out of the chair and left immediately and went to a different dealer honoring a similar deal.
I just shop around for the car I want. Once I settle on a brand, I call every dealership of that brand in 50 miles and ask, 'What's the Out The Door price"? Last time I shopped for a car I got an OTD price just under sticker price. So I win!
Which link below?
Prices are too high. Financial dealerships encourage repossessions.
For real. Especially for used cars. It's nearly impossible to find a car under 10K nowadays. Struggling people just simply can't buy any vehicle on the market.
great video! where is the "link below" that you mentioned 6:45
We need Brightline and Japan Railway to create nationwide Shinkansen stations, based on the Japanese model.😢❤ Cars are a nightmare for the disabled and elderly.
I dislike cars and what they have done to our nation but they are, regrettably, an American necessity now. With that said, I’m 55 and I’ve never bought a new car. I became interested in a new one with the new electric models available today but I’m completely disgusted with the dealers upping the price in the face of an ev tax rebate intended to make them more affordable. Now I’m not ever going to buy a new car - ever.
Everything about Cars is a nightmare, even if you're rich. The insurance, gas, oil change, inspections, all the other hidden fees. The risk of getting into an accident. Thats why I like the high end electric mobility scooters. The only expense you ever have is replacing the batteries every three years. You don't even worry about parking since you can take it with you anywhere. The only downside is that you're limited to 20 mph and 45 miles on a charge.
@@EsotericBibleSecretsthat’s a huge downside.
Thank you, MPU.
There’s still some honest People out there. Wish I lived near there.
CNBC and More perfect Union thank you for making a video about this.
I love the so much. The value of customer service has absolutely been lost in business and as a former customer service representative and a consumer, I cannot even begin to explain the value of customer service. Good honest customer service
I have bought two new cars. My suggestion is to get a car not exceeding 20K and pay it off early. Also, look for different "deals" and promotions, but definitely have good credit to get the best rates or get a used car by paying cash! I live in Florida so a new car is a bad idea.
Even if a dealership is not scamming me, has transparent accurate pricing I still don't want to shop there.
They're a middle man. What value do they add AT ALL?
Not all middle men are bad, some add value to the transaction, but exactly what value do car dealerships add to the equation?
NOTHING. AT ALL. The only value they have is "You have no other choice."
We consumers are sick and tired of dealerships whether they are scams or not we will take _ANY_ alternative.
My son is going to be buying his first car in a few weeks or so🚘 Thank you for the information!
Where’s the “link below”? I looked in the video description and there is not a link leading me to the FTCs website to provide feedback.
Here is how you buy a car
If a car is 10,000 you come in with 9000 and say I want that car. No payments , no financing ,if they reject that deal walk away. Go to another car dealership, never do financing, no loans pay for your cars in cash
Quite difficult for someone to do if they plan on buying a new car or an expensive used car. How many people have $30-60k just laying around in cash?
@@user-gz4ve8mw9l even with loan you can negotiate
I used to work at a pawn shop and transactions in cash exceeding 10000 every day
Car dealers make a ton of money in financing, as much or more than the service department. They're not doing you any favors because you show up with cash. "Cash is king" is Boomer thinking. The world hasn't worked that way in a while.
Can we get investigations of the random charges on utilities/electricity and cell phone plans? Why does one pay Merchant function charge, Delivery, Service, basic benefit, AND Supply charges?
You know MPU is serious when they actually provide a li- oh, there's no link to leave a comment for the FTC. Cool cool cool
where are the attorneys general of every state?!!! Regulate this insanity!!!!!!!!!!!
Ask "What's the 'out-the-door' price?" and watch the car salesmen wriggle and squirm.
You could just get rid of laws requiring dealerships and stopping direct to consumer.
Sometimes the cure is less regulation not more.
I don't have much praise for Tesla but I have it for exactly 2 things. #1 getting the EV transition rolling, #2 no hassle, no dealer fixed pricing.
Other than continuing the unethical practices of ripping people off and overcharging for questionable add ons, there is absolutely no reason why buying a car should be any different than buying something from Amazon. Pick the vehicle you want, the options you want and click buy. When your car comes in, go to the delivery dealership you selected and pick it up. Buying a used car should be the same. There is zero need for sales people or Finance officers or "closers." Buying a car has to be the absolute worst consumer experience there is with the possible exception of dealing with a building contractor.
I don't see a link you mentioned for the FTC.
I think the biggest scam is in the service department. Took my car to a "reputable" dealer due to some weird suspension noise. After a day they called me saying there are all kinds off issues wrong with my car. They gave me this long list of suspension issues and quote me over $7K. When I saw the list laughed because they were totally wrong. Well almost. The only thing they got right was the tires. The rear tires were worn but front still have thread. Even if I had paid them it still wouldn't have fixed my issue because they did not even border to look at the rear suspension which was were the noise was coming from. I left them a really bad review. BTW it turned out one of the rear brake calipers was bad. The wheel was getting really hot. Paid a mechanic $100 plus part to fix it.
I'm sure there's probably a lot of great tips in this comments section but the one thing that will guarantee you that you are always negotiating with the actual price you will eventually pay for the car is to tell the salesman that during all parts of said negotiation, you always want the OTD price (Out The Door $). That's sales speak for the final price after tax, title, license and whatever other fees (hidden or otherwise) will be included in the final bill😉
Great video. Totally separate. The problems with funding rural ambulance services
You need to add the link when video is posted because I probably won’t remember to come back after watching.
WHERE is the "link below" that's promised in this clip???
A common problem in sanitation equipment is the need for irrigation that does not interfere with tree pollen or sap.
Does anybody know what he means at 4:02 when he says, "our sales people aren't commission based, they're paid on the volume of the cars they sell."?
Isn't that commission based?
6:48 Where is the link?
Where is this link? I only see ones to your social media accounts.
Buy a car with cash, have your own financing together before walking in, know the blue book value, don't buy their stupid extended warranty insurance programs, and low ball the sales man. Find as many problems with the vehicle as you can, point it out to the sales person, and be OK with walking away.
Where is the link? Your site doesn't have more info about this.
Saturn was started based on working this way, with no-negotiation, out-the-door pricing. It eventually failed, but I don't recall why.
owning and selling a car is a bigger nightmare
I felt the greatest power trip when I told a dealership "No." I'd already gotten my financing and I knew it was going to be the lowest price. The guy tried to tell me I could only use their financing (B.S. they just got a commission if we did). He thought he had me hooked because it was late at night and we really loved the car but I said "Nope" and walked right out.
Went to the next dealership and found a better car for the same price. I was laughing and joking with the sales rep but when it came to financing I just looked him in the eyes and said, "I know I've got the best deal with my bank so if you try and bullsh*t me I will walk right out." He got so scared the manager came and talked to us because they thought he did something wrong 😂 .I said nope, just not putting up with B.S. they danced around for a minute but finally gave in and we got the deal on the car we knew we could get.
Tesla probably has a lot to do with their "sudden change of heart". Nothing yet surpasses the convenience of visiting a website, selecting your options and seeing bottom line price. Consumers are likely willing to pay Tesla's premium for not having to interact with a car dealer.
I am interested in a particular toyota vehicle so I looked up that dealer and they aren't doing anything special. They're selling all vehicles at msrp which is pathetic- for example they have 4runners priced at almost 55k. That vehicle has been out for 14 years. In 2010 the starting price was $27k and the starting price for 2024 is $41k. Literally exact same vehicle. It gets older every year yet the price goes up. My point is that even if we could buy directly from manufactures, you're still gonna get screwed. It's just a joke anymore.
I'm 55, and I have always seen the dealership car buying process as a laughable hard pass. There's just SO many red flags and flagrant cons. I have never even considered buying from a dealer. New or used.
I don't see a link in the description to let the FTC know
I want to just buy a car directly from the manufacturer....like now....
Where’s the link for the FTC comments?
I don't see a link in the description or comments for the CTA.
we also need to push for more walkable cities and public social infrastructure so that the need for a car isnt as high given the social and ecological impacts. pushing for public transport and 15 minute cities will do wonders
I will pay more for honesty and integrity.
Where is the link mentioned at the end of the video?
or... we could just order direct from manufactures website and only pick up at a location...
pluse more public transportation.
Yes, get rid of the $5-10k mark-up for "actually having it in stock"
We need to be less car dependant too.
Store? Great video!
Do you go to a bank to buy a car ?.NO
So why go to a car yard to buy money.
_"....Goodbye to Being Ripped Off by Car Dealers"_ ?
A dealer near me, same ownership for decades was sold. New Turds built a new, shiny building in a Lot where flowers there were CLEARLY saying; _"Look, don't cut me down to make a parking lot"._ Turds ignored the flowers, cut them down and to PAY FOR all that and worse, I can count at least 3 Widows were cheated out of their perfectly good Toyotas to buy (in one case; Lease) a new model.
Get rid of DEALERSHIPS
You said to click on the link below to let the FTC know, but I don't see a link to click?
0:10 "[...] and there's one cost this doesn't apply to..."
Me: Health care!!!
Other other idea
We should also force u.s major banks to start giving higher interest rates in our deposits like they used to and re establish postal banks so that young people and the poor aren't disadvantage with starting out with little to no money and have an alternative to store some of their money incase of emergencies and actually generate a little bit of money for being responsible and storing their money for a rainy day.
All These new changes along suggestions from my two previous post will incentivise development for high density low to mid income residential properties with close proximity to commercial businesses with walkable and bike friendly pedestrian streets and increase supply while giving people more options and having higher say. discourage high end residential, luxury homes and low density apartments from being built.
Make pedestrian and bike friendly streets.
As soon as people less need a car especially teenagers and young adults,they will be crying for us to come back and force to change their ways without needing ineffective legislation, as long as were not running our streets they will have their way.
If you are buying new, do research beforehand and pay for it outright or do outside financing. If you are buying used just buy from carmax or a private party.
Once the government steps in they always ruin everything.
Industry insiders here, Couple of things. The add on coatings are a triple fuck you. 1 the are wildly over priced. 2 they don’t last that long. 3 for as much as the coast the guy that dose, often taking 1-2 hours get paid nothing.
The other thing is look really hard at who and how they will be effected by these regulations. There are a lot VC/tech bro types moving into the market, looking to do what amazon did. Drive the price down to kill competition then corner the market. Lets make sure we are getting the regulation that serves us in the short and long term
Where is the link to comment on the proposed rule change?
I mean yeah car dealerships are small businesses, but they're also often monopolies in an area. so if you wanna buy a car you have no choice. that's how they get their power, it's using bigger business anti-competitive tactics to do whatever they want.
Surprised the person featured is from Florida of all places lol, good on them though!
I've bought 2 cars in my life and both times it was easy and straight forward for the most part. what was annoying was that they constantly tried to upsell me every step of the way and it took hours to just get what i wanted. like i came into the dealership ready to buy money in hand. Any other industry you say what you want and walk out in minutes, maybe an hour, for an item. you may be pitched an extended warranty or whatever, but the process shouldn't waste hours of my time talking with several different sales reps.
This FTC proposal is a great idea that'll cause more competition in the industry. at least for those with multiple dealerships around via my point earlier. I know more and more people buying used from people than at dealerships, but i've only bought at dealerships.
A story that sure get covered. During the pandemic, Publix paid bonuses to their employees with gift card only later "tax" those gift cards from future paychecks. I haven't seen anyone talk about this attempt of new scrib money by corporations.
It’s not new, they have always been taxed. It’s pay. Same as any bonus. Small companies have gotten in lots of problems.