IT BEGINS... Dealers CAN’T SELL $100,000 Trucks & SUVs
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- čas přidán 26. 03. 2024
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The car, truck and suv market is a huge disaster right now and dealerships are struggling to sell their overpriced trucks and SUVs Ford inventory is piling up so high on dealer lots that they can't even accept any more trucks from the factory. Stellantis recently fired hundreds of engineers. And Americans are tired of being screwed and refuse to spend their money on overpriced trucks and SUVs.
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If you’re ever injured in an accident, you can check out Morgan & Morgan. You can start your claim in just a click without having to leave your couch. To start your claim, visit: www.forthepeople.com/Motor?s=86%3A4186
Giving the huge million dollar settlements is misleading. Those judgements are super rare and not at all realistic. In almost all cases you can only get what the insurance policy coverage is. So an accident with a normal person who has normal insurance isn't gonna get you more than your medical bills and property fldamage. And that's best case scenario. Add in that even if you do get a judgement it doesn't guarantee you anything.
Thank you for not going click-bait with your title. I mean that. : ^ )
I was in the PI business for many years as an Investigator. I’ve worked for the largest ambulance chaser in Atlanta which competed with Morgan and Morgan which claimed to be the largest law firm in the business but they were not the largest in Atlanta and I can’t tell you how many clients complained about their low settlement and the high fees that the attorney charged. Those TV Attorneys are a huge ripoff and could care less about their clients. By the time the attorneys take out their fees, pay the medical bills there is usually a small amount left for the client as I’ve seen where the client will get about 25 percent of the total settlement
Please don't call a $45k+ an insane deal. That's the problem, it's still way overpriced and we shouldn't think of it as a deal.
I was thinking the same...it's like gas prices; they get jacked up super high and then when they come down any at all, everyone is like, "yah, gas is cheaper"....but it's still fucking expensive!
Facts !
Bare bone truck 35k max! Just because they charge 100k doesn't mean it's luxury! I'll buy a Porsche save 10k and rent a truck if I need one.
@@Acula33RCbs barebones truck should be about 25k at most
The issue is the dollar isnt worth what it once was.
BRO, you guys have being saying “ITS DONE, ITS ALL OVER, DEALERS ARE DONE” for months. But prices are still NOT budging.
Same video over and over
A lot of channels do this. Getting old
He reused the Chevy dealer footage from 2 months ago 😂
No wonder I unsubscribed from this guy. This video just reassured me I do not need to return……
This comment needs more likes
10 years ago, I paid 150,000 for my house on a half acre. These truck prices are ridiculous.
Wages were also very low 10 years ago...
@@24eckoare wages really higher except for bottom tier jobs?
@@24eckoHaha.....most peoples wages have barely changed in the past 10 years....
Inflation though. If we compute then these prices doesnt far off.
Where in Ohio... nobody wants to live in a double wide
The point of a work truck has been lost. Who would pay $60-100k for a truck and actually use it to throw tools, car parts, rocks, and manure in the bed?
Tell the government to stop with the regulations. Cars in Europe and Japan don't have the same bullshit regulations
Yup. I got 2008 silverado 2500 HD w.t. used in 2012 for 20K cda. Still have it no issues other than replace alternator few months ago...the mechanic said never sell these are last of the good ones and showed his 2022 truck he hates it but wanted a new vehicle
@@svenjorgensenn8418 And most people there don't drive lifted trucks that get 9mpg and crew crabs for 1 person.
We have enough other BS regulations. Dont get fooled by the EU. @@svenjorgensenn8418
This is where I'm at rn. Only thing decently affordable has over 100000 miles at 17%interest
$96,000 for a Ford Bronco? What kind of sucker would pay that?
Not all broncos cost that much many are actually half the price your quoting
Dealers are getting individuals to lease these high dollar vehicles for a cheaper monthly payment then actually buying at a higher payment !!! Suckers !!! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
There's always a sucker somewhere.
@@MrBbbruins8 there should be ZERO broncos that cost more than 45k. Its a cheap little Ford suv...
and the majority of the broncos i see in southern new jersey are grocery getters with 3 inch or more lifts with the wide body accessories. number one you don't use the lift for what it is meant nor are they baja-ing in south jersey. just pretty looking over priced vehicle.
We don’t have to buy. Dealers must sell to stay in business. At these prices and with markups let them rust.
Yep, just keep buying used cars and tell them to go pound sand. Let someone else eat all of the depreciation.
Hooooooold
any of the dealers tacking thousands onto MSRP deserve to go under. It's the sleaziest tactic they use.
@@hochhaul they'd make money if they could keep competent mechanics...
Yeah, new cars are just a maintenance nightmare anyway, with too many sensors for stupid things. If the sensor breaks, you have to fix or you get a check engine light. My hood open light came on with a 2019 vehicle, but the hood wasn't open so I had to pay $250 to fix the sensor that was wrong about my hood being open. WTF is going on in the automotive industry?
The only reason $100,000 trucks were selling is banks were loaning the money.
And financially illiterate people will get screwed by the interest rates
Dealers ran out of fools to buy their overpriced cars/trucks.
That, and now that everybody has loans and debts they're struggling with banks are getting stingy with new loans
Okay so… dads should start getting a Porsche 911 rather than these expensive ass f150s that they haul groceries with.
Sounds like a good idea to me.
This checks out…, as I was looking at a Rivian and a Raptor, and at or around $90k… I was like F#ck that, a sports car for the sam3 money sounds way better; so I bought a Lotus Emira First Edition. True story.
@@actionfaction2558I bought a house last friday.. they can keep these cars and shove them
Too bad 911’s are even more insanely priced.
@@jmmywyf4lyf yeah and I bet it didn't depreciate in value by 20% when you sign those papers.
Car CEO: "Our cars are not selling. They're just sitting on the lots. People can't afford them. I need ideas people and I need them now!"
Junior VP: "Have you tried raising prices?"
Car CEO: 'Give this man a raise!"
We could make it look like an accident, sell these pieces of crap to the insurance company.
😂
Sell em for < $10,000!!!
Best comment on this video 😂😂
What cars? They only have trucks!
100k trucks and suvs is seriously so out of touch with the middle of American. You would need to be making over 250k a year to justify it.
Very few people making that a year need a truck
Actually 350k a year
Very few people making that much money are dumb enough to spend $100K on a new vehicle.
As far as I'm concerned, if your truck isn't the thing making you money. You don't need a truck.
@@larryhouse3776 people do travel outside their home with trailers it's called leisure activities
if you want to pay this price you can get semi truck at these prices and you can live in a semi truck lol
And make money too!!
Lol ????new kenworth w900 or a peterbilt 389 in Canada here are touching 400 000.00 for fs...
Everything......gone bonkers as the government has destroyed and distorted our paper Purchasing power!
Even $50,000 is too much for a truck! $40,000 for a full sized, loaded 1500/f150 is getting in the realm of willing to negotiate.. Im not even considering until prices are cut un half
But then a unibody cuv like a Pilot needs to be 30k, a crv 20k, a civic….15k? Now we are getting down to golf cart/atv prices. Everything would have to come down in half for a loaded pickup to be 40k
That's how it used to be. Inflation screwed all of us. In 2008 I bought a 4x4 STX F150 with a V8 for $23,000. That's impossible today. It sucks.
@@woodrmp1 wow you're almost onto something. almost like cars have gotten too expensive and bloated. if we went back to the standards of the early 2000s cars would be cheaper.
@@robpetry84 Thats what a lot of people dont understand. Inflation has and still is eating everything. They are like the old lady who tips a nickel or a quarter and thinks they are generous.
@@worndown8280here in Canada we are getting 8k off msrp with a low interest rate .99 to 2.99 depending on trim lvl. I don’t think it’ll get better than that.
Keep your older trucks ! They are better build quality anyways 😅
Man I love my 5.0 2015 f150 with 114k miles on it. Never getting rid of it.
Put a new engine in your old truck and put the rest of that 100k as a down payment on a house with the rest and stop paying for poorly built garbage they try to push. My 2009 f250 has 200k miles and still runs fine when the time comes for repairs that's what I'll do
Better now to restore & repair than to buy new.
I keep telling myself that, but I'm almost at a quarter million miles on my '13 Raptor which is my work truck, over the last year I've been throwing tons of $ into maintenance and I sometimes wonder if the inflated prices are worth the knowing that it'll be a while before I need to do any major maintenance again. It's a difficult decision to make. I turn my own wrenches, so I couldn't imagine how much I'd be spending if I was like half of people who take their trucks to the dealership or local shops for work.
@@Another_Saved_Sinner I've got just over a quarter million miles on my 02 Tahoe that I use a lot for hauling trailers and I've spent very little money on maintenance since I purchased it in 2010 with 88K miles on it.
Reasons:
1. Rip off price
2. Skyrocket interest rate
3. Lack of quality control
Real reason:
Bidenomics.
@@BigBear-- So true 😂 the guy needs to be removed sooner rather than later.
@@BigBear--not really. The covid response was under Trump. That's what initiated this.
The Fed had been running low interest rates before Trump as well. Raising interest rates was needed to stop inflation it was causing long with free covid money.
You forgot one: Too many sensors and gadgets, sure to keep the dealership busy with repairs!
@@zztop8592Yeah. But for someone like me that's never a huge deal. For one I do my own work unless it's free under warranty. Two is I generally don't care about most of the modern features besides the powertrain, tranny, body, and entertainment. All the safety nannies/sensors, along with anything like cylinder deactivation, I generally rip out or shut off anyway. Which is another reason generally for personal vehicles I stay away from EV or Hybrid powertrains, and 99.9% of CVTs (accept the new Honda and Toyota CVT systems, I wouldn't necessarily choose to have them, but at least not because they're not reliable or well made).
As soon as you drive one of these 100k trucks off the lot use lose 25k.
It may not even make it home depending on distance. Durability is the same a disposable razor.
More than that. The lighting will lose 50% value in less than 2 years
Just 25K loss? CarEdge just showed that a $95K F-150 with only 500 miles on it was getting a maximum buy offer of just $39,000. That's a $56K loss (59% depreciation) in less than 1,000 miles.
@@svenjorgensenn8418 Nobody with half a brain would take on a used EV. There is no way to really know when that battery will go. It's not like measuring the wear on an engine. A battery will start to degrade, then all of a sudden will just fall off a cliff.
Dealers started this and it's going to cost them their livelihood. I hope those pandemic markups were worth it....
All the manufacturers are getting lawmakers to pass direct sale.
Dealers started it, then the manufacturers followed.
A loaded 1/2 ton shouldn’t cost more than 60k
@@PumpkinKingXXIII "Loaded" includes so much BS. Let them catch the idiots with those. We just need sensible trucks be sensibly priced.
@@PumpkinKingXXIII They shouldn't cost more than 35K at the most!
I bought a home in 2013 for 200k, 2600 sqft, no way these are worth the same as a house
Correct ^
Tacomas in 2013 were almost 30k.....
Houses are an appreciating asset vehicles are depreciating assets. Why would anyone pay these prices.
Except your home is an asset that holds it value unlike automobiles that lose their value as they age.
My house is worth $220k today, bought it for $115k in 2014. These prices are ridiculous, I'm spending my money renovating my entire house instead.
I'd love to see the bare bones basic truck come back... I mean REAL bare bones - manual door locks, hand crank windows, no Auto lights or windshield wipers. Too many electronic items are now standard which increases the price. I just want an engine and a truck!!!
I want that too, but it's sadly never going to happen here. I miss my 97' S-10. As basic as things come. Strong V6 engine, manual tranny, crank windows, manual locks, no A/C, a suspension with actual grease fittings, a good size bed for a small pickup. I beat the piss out of that thing, but you didn't feel bad about that because it was never meant to be a luxury vehicle. I still regret selling it.
Had a '97 Tacoma that way. Only thing power on it was the radio and steering. Was in the shop once for a wiring harness. Replaced the starter once myself. That's it. Was 13 years old when it got totaled. Sad day. Only negative those trucks were a littlle bouncy in the ass. Throw a bail of hay or something in bed for some weight and they'd settle down and drive nice. Not luxury but they never broke down.
@@doug0810 US regulates everything to death, by the time it would comply with the regulations it would have to cost $35K!
@@doug0810 That little modular truck? That thing is so cool. You'd have to import it though, and then know for sure you can even legally operate it in whatever state you are in. If you can though, even after all the hoops the state will make you jump through for it, it'd still end up cheaper than whatever they sell here.
Not to mention integrated tablets😂
The bad thing is people that actually need trucks to work with can't afford them .they priced out the blue collar workers who used to be a big part of the truck market
I am fixing my 25 year old truck, its easier to do work on and ins & tags are alot cheaper too. 🎉🎉🎉
That is awesome!
@@MotorFeedfeds will start a clunker law to trade old cars trucks for deep. Discounts and then crush the trades
@@user-ht1xu4gv2u yep like they did years ago
I hv a 93 f150 5 speed 4x4... rock solid 180k miles..... no thanks on these high priced non work trucks. All that luxury is not needed in a truck... 😅
Insurance will also be much cheaper on an old truck.
They can all rust to dust! $100k for a depreciating object is dumb. Not going to participate in insanity! Take that $100k and buy a good dividend paying stock, you'll be a lot happier! 💯🗽🇺🇸
Instead of buy a large suv or truck. I bought a fuel efficient subaru for under 30k. I'll take the 15k savings and buy an 92 Sierra 4x4 454
Yup.. and I seen in another video brand new unsold trucks on the lot sitting that did have rust already started under them. Granted it's just surface rust. But they are brand new trucks.....
Even $50k for a vehicle is asinine.
@@user-gz4ve8mw9l Yessir, it is! 💯🗽🇺🇸
I will purchase a new truck when the average price is around $35-$40k. They are not worth any more. Until then, “I’m out!”
35 or 40k? I think you'll be waiting a long time.
@@dyates6380I have plenty of time… Dealers and manufacturers don’t.
I bet you are still waiting for trucks to be 10k like they were in the 90s
@@svenjorgensenn8418Why not…. It’s the idiots that pay more that cause price increases for everyone. If no one buys the product it fails or goes down. Econ 101. Look at the current EV failure.
I agree with you
I guess these dealers have plenty of cash to pay the monthly floor plan costs... no one seems eager to sell inventory with decent prices...
The fact is people are under no obligation to buy new vehicles. They can buy used or just keep what they have. Dealers are starting to get hit hard with this reality.
I’ll keep my 5.7L Land Cruiser that cost less new than most of these Fords and Chevys
Used prices are worse lol. Who would buy a Ford explorer with 120k miles for 25k?????
My Subaru dealership does great deals on new cars, but they had used versions with 5-10k for 2k less than new.....
I’m 60 and have never bought a new car or truck, have fun dealers. 😂
I bought a new truck back in 08. Still have it and a couple used vehicles. I've also decided I'll never buy new again, especially not with these insane prices.
Chip bustard
I'm 66 and have purchased relatively few vehicles in my life - as in maybe eight. My first one was a LONG time ago and it was used. Since then, in spite of being very well aware the "worst financial decision" anyone can make is buying a new car, that's what I've done because that's what I prefer. I cut corners in enough things and can afford it, even with the disapproval from the financial experts. I give myself that and am in an excellent financial situation and just pay cash. I don't have any vices and have always been very good with money, but the main thing for me is I always, ALWAYS, kept my cars and trucks and SUVs in excellent shape. All maintenance was done to the manufacturer's recommendations and coupled with relatively low mileage I put on a vehicle, I always got very good trade ins. For instance, I have a 2018 Toyota Tacoma Sport with 36k on it, and that'll last me forever, and with me only driving four times or so a week now - often less - and with me usually riding the Harley on nice days, it works out perfectly. I WILL say, I'm glad I'm not in the market for a vehicle now though.
I've had 3 new cars and 10 used. Buy new these days. Used car prices are way too high
2000 Toyota Tacamo 4 cyclinder manuel stickshift was $13,775 Tulsa, Oklahoma summer/fall. They knocked the 775 off without asking, accepted 500 cash down and 500 on an old trash truck and i financed $ 12,000 for a brand new economy pickup. Drove it about 5 years and put roughly 120,000 miles on it. Drove it to San Luis Obispo, Sacremento, California and back. Bought a new tire at 53,000 miles; purchased a parking bulb for a dollar or two. It was so maintence free the whole time. Drove like a dream the whole time.
The same people spending $80k on a truck are whining that they can't afford to buy a house. Ya know what? Might be easier if you didn't have a $800 truck payment!
80k would be a $1,600ish payment with no down payment. My house payment on a 5 bedroom 2 bath 3,200 sq ft house is $690. And that was with only a 5% down payment. Including taxes and insurance.
A large percentage of our population is terrible with money. Vehicles are one of the biggest things that keep people from ever getting ahead. Ridiculous marked up prices aside, you should only be spending what you can afford on a vehicle. Preferably you should pay cash, or at the very least put a very large down payment and pay it off quickly. Life is expensive enough without a vehicle loan dragging you down. Secondly, people need to take care of their vehicles and start keeping them longer. You don't need a new car every 5 years.
@@tinymission7821what city and state?
@looneyyang1326. Martinsville VA. A smaller town of about 15,000 in the southern foothills of VA. Roanoke is 50 minutes north and Greensboro NC is 50 minutes South. Houses are not really available at those prices anymore though. I bought in 2010. My brother and his wife own a 3,400 sq ft 5 bedroom 4 bath, 2 car garage and 2 fireplaces on the lake for $1,066. Mine is a fine old craftsman, theirs is a cedar contemporary. Houses were cheap here forever and relatively speaking they still are. But they are much higher now.
And people are calling me crazy for buying a 2011 Tundra out of the auction and fixing it up.
It's very simple people, just stop buying new trucks until they either bring the prices down to sane levels, or go bankrupt.
Semper Fi!
Unfortunately we'll still have re (t)ar(d)s that will start seeing a small bump down in price and start buying them because they'll think they're getting a "deal".
I know hey, the idiots need to stop buying them
They are status symbols. Rich people want evs and trucks.....
I want a new vehicle but.. I will wait until they get back down to pre covid price range. I might start to look around then but.. with a 9% interest rate on a 100k vehicle lmfao!😂
Oooo RAHHHH!
I'm seeing a lot of older cars back on the road.
I I have a 2020 Honda Civic So that is paid for. I may look for an older 2006 Accord V6 manual to compliment it in the future. I’m not impressed with what’s out there and everything is to expensive. Throw in the markups and these vehicles are only for people with a 6 figure salary. No way would I pay $50-$100k for a f ing truck. Screw these manufactures and dealers.
@@jonathankearns7158
Is that the earthdreams 1.5 T GDI engine with oil dilution?
When u find that Accord, sell the 2020 civic
@@jonathankearns7158 What about the union workers who went on strike asking for those ridiculous demands? 45% pay hike, four day work weeks and getting paid for five? LOL. I realize they didn't get everything they asked for but they got a LOT, and in my humble opinion, maybe more than they really merited. Come on ... I worked in a manufacturing plant for twenty six years and there aren't many people working the lines who should be asking for almost a hundred dollars an hour with benefits. LOL - INCLUDING me. Are they in any way culpable in these prices or no? Seems to me that they are just as culpable. I'm a blue collar guy and all for anyone making a fair day's wages for a fair day's work, but what those people were demanding? LOL. Where I worked, a Fortune 500 and well known company, we were always well compensated with excellent benefits and competitive everything - ALL without ever having a union. The UAW will be the reason we will see massive layoffs in the automobile industry in this country the next few years if things don't change with this ridiculous EV push. The companies caved so now they have to pay them. I'd say they have something to do with the prices as well.
I remember back when a new truck was $35 k a house $150 k and minimum wage was $7.25. Now minimum wage is still $7.25 but that truck is $60 k and the house $450 k.
minimun wage is at around $12 and will increase to $15 nationally. some states require $15 -$20 already
@@gabrielalfaro2463no... that's not all jurisdictions. Very Many places are still 7.
@@duancoviero9759 I just looked it up. Interesting. Feds are a bunch of old entitled mfs
@@gabrielalfaro2463 Cost of living is $50-60k in most areas around me. Income is closer $15k-$40k a year, most closer to $20-30k/year post taxes. Those of us who are single are royally screwed.
Minimum wage doesn’t mean anything. I don’t know of a single job that starts anywhere close to min wage.
Let them sit and devalue. How can people justify that price for a vehicle?
Right on! If everyone refuses to buy at these ridiculous prices, they will start coming down in price. The key is everyone to hold out and don't buy
If i worked in the auto industry I'd be very nervous about my future. With these prices their will be massive layoffs in the near future. Good luck GM & Ford 😢
I work in the auto industry, selling fords in Massachusetts, im selling 45k to 85 k trucks every month .People financing ,other people writing checks for 45,50,60 k,,not every one in America is broke. Special financing 1.9%,2.9 %threw ford.
100k ram pickup is nothing. Ram 3500 Limited with the good option options are like 110,000+ before delivery and tax. INSANE
My 17 3500 is a better truck
Those are going for $95K here, but still insane in my book.
The Ford dealer in my small town just announced it is closing… pretty sure our population here is smart enough to just buy older used cars right now
I'm sitting here thinking 45k for that red ram is still too damn much.
RAM E-junk lol
Considering I bought one new in '17 with a Hemi and 4x4 for $39K, yes, it is way too damn much.
In 1980 the median family income was ~$21,000 and the average model new automobile cost was ~$7,000 dollars.
Today, the average household income is $78,000 and the average model new automobile cost is ~$46,000 dollars.
If a new automobile just kept pace with inflation, it should now cost ~$26,000 dollars not ~$48,000 dollars.
Yeah but now they offer 8 year loans so people can get an automatic 4x4, dual zone climate control, premium upholstery and 10 speaker Mark Levinson stereo. My first truck in '78 had no AC, no radio, no carpet, was 1 wheel drive and 5 speed manual. And I was in hog heaven because it was mine.
$78,000 is based on a dual income family. In 1980 most homes were single income. Not sure how that factors into your calculations but I know very few people that make $78,000.
In reality, housing is worse than the auto market now as far as pacing with incomes. Not many things "keep pace" with inflation, including wages. When you have an administration printing valueless money with no backing and flooding the economy with it, well, let's just say quantitative easing. NOT GOOD. Even someone with a casual familiarity of economics knows that will drive inflation through the roof, with is what all these stimulus payments and keeping people out of work and extending and adding to unemployment benefits. No work but everyone got paid. LOL. Then people wonder what happened ...........
You forgot how many government regulations there are. Things like auto brakes, rear view cameras and blind spot detectors are not cheap
Your math is ABSOLUTELY CORRECT!
EVEN 50K IS WAY WAY WAY TOO MUCH .. ILL BUY USED & DO SMALL REPAIRS .. NET COST? 1/10TH OF 87K
I wish. All the used trucks in my area are cheap but they are buckets or high mileage. I saw a v6 f150 for 8k, with 90k miles. I should have bought it
I need to point out that my brother in law, who was a GM truck engineer at the GM proving grounds, never once purchased any new car or truck and retired at 55. Smart man.
More like an asshole who made it worse. I worked for ford and the engineers did nothing except pay their student loans
“Off road goodies” for a truck that has a 99.99% chance it’ll never leave pavement.
They are not worth more than 60000 because they are not as dependable as the older ones. It's all led by greed! Greed Kills!
Right. Who are the most greedy ones though? The manufacturers or the dealerships or the union workers who went on strike for ridiculous demands and compensation - with benefits - a hundred dollars an hour - or all three? Serious question. The best thing to do is keep what you have and take good care of it. That's what I'm doing. The US auto industry is going down anyhow, and everyone knows it, including the auto makers who, like lemmings, are going along with this ridiculous EV mandate this "government" is forcing on them, and that's why they caved and gave the union workers that money; they know most of them will be out of a job in a matter of a few years. It's called getting it while you can, and Shawn Fain and Mumbles Biden were right there with the strikers, who are too dumb to know what's going on. They already have so many vehicles made and sitting, they'll just lay off the "valuable" and "indispensable" workers who make all that bag. LOL.
The government did this. Manufacturers would live to sell cheaper vehicles but can't. A car selling for 20k brings almost no profit. That's why nissan sells so many cars and they all suck ass now
Our money has no value anymore.
Monopoly money 🤑🤑🤑💰💰💰🤑💰 😢
They were smiling during the Great Price Gouge.
They tried to screw me on a trade in as well as screw me on a purchase. I told the salesman I’ll wait , took down their name and said I’ll come back to screw you in a year . They called 4 times since then I tell them the same thing every time they call
“ not yet , it’s not time yet “ . They tried and failed , now they are gonna have to learn how to sell a truck doggy style !
😅😅😅😅
I purchased a brand new build 1900sq ft house in 2003 for $132k. It boggles the mind seeing someone selling a truck for $152k 😱😱
Yeah but that same house is now over 200k because of inflation
@@svenjorgensenn8418 yeah for sure. That house is now worth $420k. It's a simple 2 story single family home. How in the world is a young couple supposed to afford that.
Lol 152k you could get a older model lambo like a gallardo.
Leaving those electric trucks on a lot without charging the batteries is not good. Lithium batteries need to be cooled in the warm weather and heated in the winter.
Never thought of that. I wonder how often they have rotate electric vehicles before they sell each one
The new tundra stinks.
Put the v eight engine back in it
100% agree!
The prices are absolutely outrageous too. I was just at the dealership earlier today getting my 3rd gen Tacoma serviced and looked around on the lot. They had non TRD models marked in the mid $70's.
Agreed and put some damn recovery hooks on it
@@CrJediKnightmy toyota dealer has a sr5 tundra with sticker at $65k with no discounts. It's been on the lot for many months. The TRD trims ain't selling either
@@CrJediKnightMy basic 2012 Tacoma Access Cab is still running as good as ever and KBB values it at about half the $20k I paid for it new. No reason for me to consider anything new.
It’s hilarious. I’ve been to bunch of dealers and it’s like they’re in denial. 75k trucks just sitting there and even if you give them an aggressive offer they won’t accept it. 1k a month for a pick up. Worst part is the tahoes and Yukons are selling but the pick ups just sit there. There are people willing to g to really pay over 1k a month th for a non luxury vehicle. It’s insane. Go and try to ask for a discount done here in south Florida for a Tahoe and they will laugh at you. A bunch of imaginary incentives that no one can qualify for.
Its cheaper to buy Lexus than Toyota lol
Tahoes and Yukons are meant to be passenger vehicles, whereas the backseat in a quad-cab pickup, no matter how expensive it, is not as comfortable as a nice SUV. The back seats of pickups are too upright and cannot be reclined. Also, your cargo is secure in an SUV. So, unless you really, truly need a pickup for work or whatever, an SUV is more practical for most people.
My 1995 7.3 5 speed 4x4 f350 still knocks down over 350 miles a week, even at 320k miles and 29 years old, everything including the air conditioning still works and runs perfectly. With these prices ill just keep my dinosaur. She got another 175k miles in her at least.
Impressive!!!
I refuse to buy a new or newer used truck or any new car again…..I’ve been priced out of the market by the automakers stupidly high asking prices and high interest rates set by the banks…..
My 16 year old scion got blasted by a driver with no insurance. So I had to put 24k down to get payments under 200 a month......
Those Black Widow's wouldn't even pass inspection in NH with the tires sticking out beyond the fenders.
Anything over 30k is overpriced. For most people 20k is already unaffordable
Feels like dealers would rather go down with the ship than lower their prices.
Good. Let them. Bunch of greedy bastards
Shout out to mom. God bless all mom's.
Went to the Hyundai dealer yesterday.3995 Market Adj.
999 ceramic coating.149 nitrogen and 249 for door handle guards which are little 4x4 clear plastic things that cost 5 bucks for 4 on eBay.And you wonder why no one is buying?
Lol! For a frickin Hyundai.....wow.
I got floor mats and trunk liners. Protective hand guards, truck privacy screen and sun reflector for free and I paid under msrp. It's my 3rd new subaru
They think everyone is an idiot.
$70k-$150k for a pickup truck?? GTFO. F&@k that. How about no markups and add ons.
103k for a Dodge Ram lol
The whole industry will fall due to greed.
Hopefully
Good, then they will be begging us to come take the cars. 😂😂
4500 for collision insurance for my 2015 Lexus gs350 cancelled that and just doing liability... from now on I am buying disposable cars under 10k no more.. insurance too much.. can you imagine insuring those monstrosities
I dunno I have an F150 platinum and it’s like $1400 CAD per year full coverage. Clean record though.
Insurance is also priced by credit score lol....
Wife and I own a small business in AZ. Make good money and could purchase a new truck under our LLC....but I won't just based on principle. These manufacturers are crazy with the prices ......
I've been in the market for a while now, but until some sanity returns, I'll be keeping my '13 raptor.
This is also the fallout and unconsidered cost of union labor. My father was a union Ford worker(Ohio truck) for 38 years. The manufacturers have allowed the unions to screw them consistently and this is the outcome. Auto workers act like they have such a hard and strenuous job, when in reality, it's a cake walk. Cost of living in areas around these plants is also very low considered to other parts of the country. How anyone can justify having a $1000/month truck payment is asinine.
These truck prices are insane. I bought my Access Cab Tacoma 12 years ago and have about 120k miles on it. KBB puts it at about $10k value for direct sale. I paid $20k for it new.
10k now would be like 5k back when you paid for it
@@svenjorgensenn8418 giving him an inflation-adjusted ownership cost of $1,250 a year.
In 12 years these will be worth $25k
Way too much still for a 12 year old car
In 12 years, they will be at a junkyard waiting to be thrown in a crusher. These vehicles are made to self destruct at 10 years/ 100,000 miles
$60-70K for a truck is already too much. Fully loaded trucks should be in the $50-60K range max. With starting prices in the 20's to low 30's. The idea that average trucks should cost $70-120K is utter ridiculousness.
Pick up trucks in particular need to come down anywhere from 30-40%. Layoffs are definitely coming in full force in the auto industry.
The reason the prices aren't budging is because there's still a lot of suckers out there taking 288 month loans at 99% interest because they're obsessed with image.
$91k for a bronco?!?! 😳 that’s insanity!!
Was on a couple of dealership lots this week to check out some used Tahoes I had seen online. A few things stood out to me:
1. There are a ton of new vehicles on the dealership lots. It doesn't matter the brand.
2. Talking with a salesman and he said the lot was packed this past Saturday with people actually wanting to buy. He had 2 clients that were ready and up to $10K for down payments. They both denied financing and they had decent credit (725). None of the banks wanted to give out a what is essentially a house loan unless their credit to debt ratio was really good and their income was really high. If most Americans are making
Went to look at a used Tacoma with 100k on the clock, paint was fucked, the interior smelt like cigarettes and the dealer wanted 40k for it, walked out without saying a word. When dealerships start going out of business I’m not gonna feel an ounce of sympathy
“I’m no Ram expert” 😂😂
People can't afford $100,000 vehicles
I bought this truck from Ford for $42,000. I'll sell it to you for $100,000, and I'm taking a loss here. - Every dealership ever.
any markup means never dealing with that dealer...
I paid $32,000 for a new Tundra V8 5.7L in 2017. Why are these trucks $65,000 to $115,000? Who has that type of money? What will they be worth in 5 years? And how many year financing is out there? 10 year financing? 😂
Inflation has consequences.
Banks arent loaning like they used to either .
The cost of living has risen so much that buying new cars seems like a bad financial decision for most.
I drive a $5000 beater to work. It runs great and has cold AC. It even has a sunroof and is enjoyable to drive with a 5 speed and peppy engine. 36 mpg. No payment. Cheap insurance. I could pay cash for one of those crazy trucks but screw that.
I drive an ‘08 ranger. No air, no cruise, manual windows and locks.
I’ll keep driving it until I can no longer get parts for it.
@@williamsporing1500 you cheap bastard..... !
Jeep wants to be a luxury automotive company… 😂🤣 what’s luxury about terrible gas mileage?
They definitely jumped the shark.
I owned a '12 Grand Cherokee, one of the worst vehicles I've ever owned. Jeep is insanely unreliable, and I have no doubt the new ones are even worse, not to mention twice as expensive.
@@mplslawnguy3389 I believe it, owned a 1999 Cherokee. It would accelerate on its own while sitting still with the brakes on.
And very questionable reliability. When I was at Enterprise getting a rental car, I asked the manager which cars they have the most problems with.... He whispered "Jeep"
Not interested in anything but a 2 door, standard cab, bench seat, 2 wheel drive, 8 foot bed, in white. With no spy devices, no tracking devices, no driver warning or interference systems, no touch screen, and an actual keyed ignition. My 1968 Ford F-250 fits that description very well.
The biggest issue is the msrp jumps from 2020 to 2024, taking the rubicon Gladiator 40k in 2019 (2020 model) to 55k (2024 model) its insanity.
auto start/stop on all these trucks is annoying... not paying these prices to have features i dont want.
You can turn it off. Also it's a government regulation lol
@@svenjorgensenn8418 turn off permanemtly? I can get a GX 550 without it... dont think Tundras have it either. Hard pass on govt bs.
@@svenjorgensenn8418 I don't think start/stop is a govt regulation. Overall emissions and gas mileage are.
I would not mind buying a new pickup. With the 80's-90's bare-bones style. Just updated for environmental requirements.
Not long ago, people who were a little short in cash to buy cars would buy a pickup truck because they were cheaper. It’s only half a car!
But people began to think trucks were more fashionable and the prices rose accordingly.
Same thing happened decades prior with convertible cars that began less expensive than hardtop models
Appreciate your time and work showing us what is going on at various locations.
Dealers will lose even more $ whenever they do get a buyer for 2 yr sitting lot rot who want new tires, weather stripping replaced, etc. .....let em all go bk.
Get about 10 buddies together and have everyone go in separately and all offer $30k ish on one of their $100k trucks and see the sales people melt.
I live in canada and bought an eddie bauer bronco for Just under 40k in 1995. I had buyers remorse shortly after. My friend called me a liar because he knew someone who bought a blazer for 50k? Pickup trucks were about 20 k. Fully loaded didn't mean much back then. It's a fairly simple vehicle. It's time to make vehicles less sophisticated but still safe. Crank down windows? Cable operated heater controls, transmission and parking brake!! We canadians pay more for everything depending on the exchange rate.
In the 1920's, the 30's, 40's, 50's, 60's etc, it snowed like crazy in the winters. 4 wheel drive was a rarity, Somehow, they didn't definitely need it.
That's a $152,000 reasons to leave that R sitting.....
They'll sell when they get real, the same vehicles were $42,000 2 years ago, now they've more than doubled. There is going to be a big reset and somebody's going to lose a lot of big money. I think Americans are making it clear they're not going to pay that kind of money.
Not sure what crack you smoking but my loaded RAM was like 55k in 2015. Have they gone up? Yes but you werent getting shit for 42k 2 years ago. Not a chance.
Yep, and we'll be bailing out the auto industry just like we taxpayers bailed out the banks back in 2008. UNION STRONG. LOL!!!!!!! "Now, get in there and make the EVs NOBODY WANTS OR WILL BUY! GLOBAL warming don't you know" ..........😂😂😂😂😂🐑🐑🐑🐑🐑!!!!!!
They would rather throw employees away then to sell the trucks at a cheaper more affordable price 🤦🏽♂️
That Chevy dealership footage is 2 months old 🤣
Yeah, can't stand it when he meshes old footage in with a couple of minutes of new.
over priced TRASH
My 2006 Chevy Silverado Z71 with a 169000 miles is good enough for me!!! Suicide doors and 7 ft bed, I can haul with it where many of these newer trucks have small beds!
92 Sierra 4x4 with the 454. 500k miles son. Screw obd2
An issue I have is with what they call “options” now a days. Things you can get standard in other cars. You buy a limited trim for more then a sr5 trim and still pay the “CarPlay” option price on top of it. Show me a limited anywhere made without CarPlay.
This is why I smile at my 76' Ford F-150 XLT, every time I drive it. Its not fancy but it sure is cheap to own, operate and repair.
imagine, in this time when you can order a toilet paper online, we are not allowed or given the opportunity to order a vehicle online from most of the brands. skip the middle man and f the dealerships
Who is going to perform recall and warranty work?
@@mplslawnguy3389 any mechanic shop with manufacturer approval
None of those new vehicles are fuel efficient. The mpg's , prices, and the overall size of those behemoth trucks is the reverse of where we should be headed.
cost more than a house no one buy a truck