The Truck Market Finally COLLAPSED. And Buyers are DONE Overpaying!
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- čas přidán 8. 09. 2024
- I traveled to several dealerships to show you guys what current inventory and easily identifiable discounts look like. Not only are interest rates super high right now but MSRPs have gotten out of control. Thankfully many of the dealers are finally coming back down to Earth on their pricing below MSRP.
Thoughts?
2024 Toyota 2024 Ford F150 2024 Subaru 2024 Silverado
#trucks #Toyota #Ford #Chevy #Subaru #hyundai #f150 #4runner #tacoma #landcruiser #nissanfrontier #tundra #carmarket #trucks #hyundai
It is insane that in mid 2024, you can cross shop everything on this planet online and see the exact price you will pay to the penny... Item, add ons, tax, fee, and shipping within a few moments of clicking on it. Except new vehicles. I am 40 now, and have seen the world change so much from the 80's to today, yet dealerships still operate like they did pre internet days. Fake prices online to lure you in, no different than the fake ads in the newspaper or flyers of old.
The dealers are a nightmare for sure.
That is why they have decimated any good reputation they once may have had. The entire car market is shady.
I always envision a dealer as a dude buy a new dealership, he is given a Hugh chest, the guy tells him everything you need to know is in this chest.
Opens it up and pulls a dealership lure.
Grand Opening Sale.
Tent Sale
Big Tent Sale
4th of July Sale
The dealer simply pulls out the next lure to see what he can reel in. The only thing that changes is the dealership lure.
Every dealer has this Dealer Chest.
According to content creators the car market crashed 124 times already.
It's crashing every day.
And twice on Sundays! I mostly make these videos 1-3x a month depending on the towns I’m in to provide updates on what inventory and pricing look like in the areas I happen to be in. It does seem like mark ups are disappearing and below MSRP deals are coming back! But not fast enough. Don’t overpay people!
Since 2020...along with the Housing Market.
No crash here. Ridiculous prices for overrated junk vehicles.
Because everything was already marked up $15K too high. They can have it !
Amen to that! The price is an over inflated estimate of the value.
I consider myself a Toyota fan but I think I would buy a Nissan pickup truck over the Tacoma. I would buy a 100k warranty though which I never did for any Toyotas that I have owned. Never paid for any major repairs on any Toyotas that I’ve owned. But apparently the new Toyota management is studying Ford management. 😂😂
I totally get that!
let those trucks rot in the dealer lot.
I just don’t understand how anyone could see a plain Jane heavy duty diesel work truck and think it’s worth 100k haha.
I will say -let that dealer go out of business!!!!
A lot of those trucks are 30-40k then the same truck was in 2019. They have a 5k discount and act like it’s monumental. Maybe they will come back to earth someday
I hate car shopping. I went to 3 dealerships yesterday, and I went home. I will keep my car.
If all new car and truck prices were suddenly cut in half, the average potential buyer still could not afford them. That is the financial reality. ALL the MSRP's need to be halved. THEN they need rebates and other deals. Until that happens, OEM's and dealers can just pound sand. I, for one, am out of the market. Now how bout another couple of million or so of you folks do the same? They need to be shown the consumer is in charge, not the Dealers, OEMs or the banks. Just sayin.........
I actually like the look of some of those RAM trucks, but no way in hell am I paying 80k
80k for a piece of junk that looks cool lol
@@Raevenswood Look out for the crap coming out of Mexico.
Ludicrous numbers. Looks like the automotive industry looked at the real estate market and said, “hold my beer”
Hahaha I think you’re right!
A friend of mine looked at a 2022 Ford pickup. It had a lots of dents and scratches and has been on the lot for three months. The dealer wouldn’t come off their high price. They called him back, but mentioned nothing about lowering the price.
I like the Ridgeline, great daily driver with some hauling capacity when needed. Too many people buy huge expensive trucks to haul groceries.
Daily is a 2008 Nissan Pathfinder V8 👍Made them from 2008-2012 to compete with the V8 4Runner at the time. The Pathfinder has that normally aspirated 5.6 stuffed into the hood 😁 With 165k on the clock it's been extremely reliably. No turbos, no GDI, no expensive tech, no nonsense 👌
That sounds like a sweet ride, those 5.6 V8’s, especially back in that day was no joke!
Having owned Toyotas(15)since 1978(V8 Tundra & V6 4Runner currently) and being a '#1Toyota fan', it's a 'SAD' day when I'd buy a Nissan Frontier over anything in today's marketplace!
I totally get it! I bought a 2013 and 2017 Tacoma new, back then I never would have considered the Frontier over those. Now in the year 2024, not so much.
Well dang I just drove off a BMW lot with a brand new X3 M40i and I feel like I stole it compared to these prices. That's crazy.
I never thought I'd consider buying a Nissan but I may look at a new Frontier
Frontier has always been a solid truck. The fanboy obsession over Tacos just got the clueless blind.
Just looked on the gmc website to a 2WD regular cab 8foot bed pickup. Only option was cruise. $814 for 4 years. Let it rot.
Nothing collapsing.... people will find a way to buy crap they don't need
Let it sit on the lot and rot
Even knock off $50000, I still can't afford it.
Covid is long gone and these dealerships are still asking Covid prices 😂😂😂
The zr2 diesels were 50 k. There zr2 started in the mid 40’s, but the diesel engine alone cost 5k on top.
Everyone is afraid of the Tundra now
Everybody is afraid of any modern truck with a Turbo. The Ford Ecoboost seems to be doing pretty well, but the Ram's and Toyota's I keep seeing videos about engine issues sometimes within the first 10k miles. They go to these turbo motors for the epa and cafe standards, and end up barely getting any better mpg it's insane.
Build a 4x4 non emissions diesel with minimal electronics, a manual transmission and a full size bed and they will come.
Ram with side boxes has 50” wide clear inside box
Seeing the posted price on the lot is just the first layer of being ripped off, do a video of the upsale tactics once they have you inside the sales office
Lots of money for sure. If you lease a ram there will be a bed liner installed. They want to protect the box. I prefer a full size truck over a midsized for safety reasons but I'm priced out of the market now.
High MSRPs on ICE vehicles to offset low EV sales?
I’m curious how much over sticker that light green Ford Maverick Hybrid was? The skinny dealer sticker on the window always indicates a big raise in price. Wondering if the gouging has calmed down.
So do you know how much over sticker it was?
I have a 2016 Tundra and I was think about buying a new truck. I would pay cash for it but when I saw the prices I was like hell no I not paying these absurd prices! My 2016 is a 4x4 loaded platinum and I paid 53k brand new in 2016 at an Irvine, CA dealership. If I bought at these prices Id feel like a compete sucker!
I did spend 100k on my AMG Mercedes but its a much nicer interior and ride Twin Turbo V8 and is a luxury car not a average vehicle
The extra cab and short bed and the price keeps me out of getting a newer truck😢
Thanks for showing us a bunch of dirty insanely over priced trucks that few are gullible enough to buy.
Haha no problem! 😉
61+% price increase on all their vehicles in the last few years, they are fn insane. And garbage quality. F No!
I'm hoping prices colapse hard.
I want to trade in my old subaru forester with 210k miles on it for a 2-3 year old 4runner lease return with 30k miles on it. Not doing that unless I could get a great deal though.
Big discounts on GM full-size with 2.7 turbo motor
My 71 Punto had a 2.2 liter engine. You'll work that little 2.7 to death if used as a real pickup truck
@@TNitroH that 2.2 was the only good thing about that Pinto 😆
@@TNitroH this talking point has been proven to be exaggerated. 2.7 engine on a pickup was built for truck applications.
You emphasize the lack of features on these over-prized trucks/suv's. The automakers are finding every, single, angle to cut features on vehicle's which should have them to maximize their profits! Due to Government caused Inflation, corporate greed, and just plain and simple over-pricing, consumers who are buying these are wasting a HUGE sum of money, for something made to break down faster! Planned obsolescence with these newly built vehicle's is crazy! I'll keep my 2013 GMC Sierra, with a 6.2 V8 which has NO AFM crap in it, runs absolutely perfectly, and is easy to work on if I would ever need to.
🖕these dealerships! Legal thief them prices are!
I traded my 10+ year old Toyota for 83% of what I paid for it new. Not accounting for inflation, but still...
My house was 25.000. 30 year mortgage.
No wonder the truck market is collapsing again 🤣👍, look at those prices!!!
You got that right!
@@AutomotiveAnonymous208 What got me was the 90 plus thousand dollar Bronco with only 2k off. It’s almost like a big middle finger to a would-be buyer.
Too big to fail but if it truly fails there goes the us economy. Going to be a bad day if companies go.bankrupt.
I did, I asked for it. Sorry.
Haha, well at least now we know. 🤪
Toyota is overpriced trash today
New Broncos in name only . Total junk .