It Begins! Dealers Can't Sell These $100,000 Trucks
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- čas přidán 14. 05. 2024
- It Begins! Dealers Can't Sell These $100,000 Trucks
Car & Truck lots are filling up and inventory is coming in faster than it is going out.
Cost Of Living Crisis is a real barrier to people being able to afford a new truck. Increased prices, to trim levels, greed and reason abound are why dealers can't sell these $100,000 and above trucks.
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Dealerships can’t sell $50K trucks for $100K
The market can’t bear this
Not even 50k for 100k
@@markholubetz too bad, they created the problem, just like your STELANTIS garbage!
50,000? No, I will give them $25,000 and not a penny more and that is being generous. No V-8 but a four popper? Are you kidding me? Nope, $25,000 and that's it.
@@jimbobaggans1564it’s a v6. And u will never buy a truck like this if u will only pay 25k brand new.
30K for a vehicle was insane. 100K is some other dimension. Especially considering most these vehicles won't last more than ten years.
$10K per year, LOL
Every one of those trucks are priced twice what they're worth.
I totally agree
@@markholubetz I would argue 125%
Twice? Not one of these things is worth a dime over twenty grand.
I’ve already concluded I’ll never buy a new car because of these prices
Yep, or more in the case of the EV turd. I wouldn’t buy a new Lightning for more than $10,000.
$100K for a farming truck that will be driven in a congested city. The OEM's have lost touch with the real world.
You said that right!
They're not even a proper farm truck anymore. It's a live style soccer mom grocery getter or jacked up 4' off the ground with tires that stick out 4" past the fenders.
@@shawnn6926nailed it
OEMs having lost touch. Society has. Stupid is as stupid does. City dwelling apartment livers pointlessly want trucks to be cool so I dont blame Manufacturers for taking advantage of their dumb butts.
Prices have gone up but quality has not. I can't justify spending six figures on a poorly engineered and built vehicle by a manufacturer who won't even offer a better warranty.
Indeed you are right
These mofos have lost their freakin mind
They really have
No it is the gov behind all this...
Not really, the mofo's paying 6 figures for these trucks are the ones who've lost their minds 😂
They will not drop prices ever. They will hold for the government bailout.
🤬
The Bailout? 😮
When? 🤔
This is the unfortunate truth. Corruption will continue to triumph.
Your probably right but we still need to keep holding firm no matter what 😎
@@Cesaetho83 Interest rates will keep the market firm don't worry!
That's what happens when you price out 80% of the car driving public. Lot Rot.
The age of super expensive, oversized trucks with tiny beds is over! 😅😅😅
Yes it is coming
When your half ton truck is unable to perform the primary duty to haul half dozen 8x4 plywood sheets from Home Depot you wonder what those the idiots at the Big Three were smoking.
Wish they would bring back a bare bone single cab 8' bed with crank windows. Plain, simple, get the job done with a down to earth price.
@shawnn6926 we need the 1990's back, one of the best eras for pickups
$100K for a truck? For a Corvette I would understand. But a truck???
Unbelievable…
I can't see paying that for any car especially a corvette these days, new GM vehicles are JUNK. I would pay $100k for an RV
You can get a brand new corvette for under 80k
Too much for a Corvette too
@@Vincent-ke5zn Better than Ford.
Instead of spending 70K OTD for a GMC Sierra I bought an OTD midsize Honda Ridgeline for $41,060.
It’s cheaper to have everything delivered than owning a truck
Stealerships are crazy 🤪 and what's crazier are the people who pay $120k for something that you can get an RV for
I can't believe these prices. And most people simply just don't buy.
If a $500K RV is junk, I wonder what you can get for $120K?
I'm driving my beaters until I'm dead. I will NOT play into this stupid game.
Oh well, Im just done. I wouldnt pay one penny over 50k for an F150. Thats why I own one thats 20 years old. Its nice and its paid for.
bought and paid for
50k truck reduced to 38k but worth 30k. They'll learn.
Haha for sure
I bought my 2007 duramax 4x4 2500HD LT brand new for 34k out the door. I think I may have over paid for that package. I am still one owner on that LBZ engine and low mileage. However if someone is interested in buying it... 36k out the door!
@shaverlocal in '07 I bought a new gmc Sierra 1500 slt z71, it had a price tag of $38.5k I got it for 30k flat ofcouse with taxes that brought it to 33k then finance charges brought it to 36.6k I remember vividly because it was my first (new) truck at 19 there's no way you got a duramax of that trim for that price. Unless you got the classic bodystyle... you did say LBZ? Because the next bodystyle had the lmm and they were proud of that bodystyle. I could have gotten a classic LT3 chevy fully loaded for 20k it just wasn't 4x4 so maybe you did get that truck for nothing... I'm jealous because I wanted the classic lbz 4x4... life been fuckin me for years!!
I had a 04 Silverado z71 LT ext cab for 24K!!
118,000 for a diesel on ford lot makes me think I'll never own another truck.
I think my 2003 Ram is my last truck
@@markholubetzmy 2001 f150 is probably my last truck. I can’t afford these prices. I am priced out.
I am going to keep it for as long as I can. I have already owned it for 23 years. Even if I have to put in a rebuilt engine and transmission, I’ll do it.
Ditto 😢
Well you could sell your house and live in it 🎉
Forty grand, and I have to roll down the windows manually. No thanks. 😂
It’s as base as base gets
That white 2 door 2 wheel drive long bed base model Ram is the ONLY sort of thing I would consider when buying a truck. But it would have to have a bench seat in it. And no spy devices, software, wireless connections, driver interference systems, touchscreens, or any other kind of pure TRASH technology. Just a basic pickup truck. For about half what they want for that one. I'm surprised they even had that on the lot. Those are usually fleet sales only.
@@markholubetz That's what a pickup truck is SUPPOSED to be. If you want luxury, get a car like my Grand Marquis. Oh yeah, they don't make those anymore.
Keep raising those prices, they won't sell any better than they're doing now.
Those main stream cars journalists part of the problem. They are the one who hype up all these overpriced trucks and so afraid to call them out because they got bribes by the car manufacturers with all those luxury launch events.😅
I hate how these guys talk shit when a pickup truck has a bumpy ride and is slow i mean its pick up truck!!! Not a european sport car
If you get your vehicle repossessed then you're eyes are bigger than your pockets
and repos are on the rise, big time
For some although they could afford it say 2/3 years ago the rapid inflation in the cost of food, housing, insurance around $1000.00/month since Biden took office has put them Ina much more precarious financial position
I bought a 2020 ram rebel for around 50k financed. It was &1k a month payment. THEN it was well within my budget. Then the last 4 years happened. I voluntarily surrendered my truck to be auctioned off because I had to choose wether to pay bills and food costs that had doubled or tripled or keep paying for the truck. I am sure there are alot of irresponsible buyers but not every situation is the same.
If you need a truck for work, but light trucks and imports have been all but banned from the US, then this is what happens. Light trucks and SUVs are literally excused from safety regulations.
Going shopping drunk yields a new Ford in the garage the next morning. Now that’s the pure definition of a hangover that will never go away.
put 120K towards your mortgage repayment is gonna save you ton of interest... use your brain, not your ass....
100 percent agreed
The only people buying these six figure trucks are business owners that can write off the price on their taxes or those with more money than common sense.
The little guy grinding 9-5 simply can't afford these
@@markholubetz These are not for the "little guy". Buy a base 1500 work truck if you want something less expensive.
I'll keep driving my 88 gmc I'll still be driving it after these hunks have fallen apart
It's not just the sticker price, it's the cost of insurance for a hundred grand vehicle.
yes its all som much money
jeep, dodge, ford, toyota, gmc all trying to be luxury vehicles. 105 grand for a POS Ford truck, these people lost their minds.
It’s gotten nuts, honestly
I paid $124700.00 for my house. Think about that for a second.
And houses appriciate, trucks and cars depriciate.
me as well 128k, just paid it off.
@MrHavingfun68 That's awesome, good for you! I have a year and 8 months, and I am counting down the days.
I'm 100% willing to wait another yr even though my car is paid off just to let the car companies buuuuurrrnnnnn... I feel s bad for Canadians. How do you guys even survive right now.. 😢
Wait more . They are playing the long game thinking we are stupid
If your car is already paid off, why not keep it instead of looking to buy a new one?
@@Jayasurya23 it's what I'm doing until the prices come down 30%. I live in ohio with bad winters I need a 4x4. I currently own a challenger. It's like skating on ice driving in the snow and ice..
Ontarian here ✌🏻
I bought my used 2013 Chev Silverado 1500 back in 2018 for $21k.
I just went to the same used car dealer today to have a look... I tell you! I could not seem to find a used truck on that lot for less than $45k 😳
Just for giggles, I got a finance quote: Say I put $10k down... The best they could do was $350 bi-weekly at 9.9% INTEREST. I actually gagged, laughed then walked out 😂
@@M-is-for-Misfit jeeez! 🤦🤦♀️🤦♂️.
I remember when 100k was used super car territory for rich people. I work in banking and we are seeing TONS of delinquent loans and repossessions. Not a day goes by that I have people coming in that are 1....2....3+ months behind in payments. On top of that we are seeing super high interest rates that are on top of inflated prices. Dealers still think they have gold on their lots. Unfortunately they have a depreciating asset that will NEVER be paid off.
Just quit making the payments and move. Change the title and vin. Not hard to do . 😊
They have lost there fomoco minds
Its a serous issue
Two years into a recession and dealers can’t sell $100,000 trucks to people that can’t afford $75,000 modular homes. 🤔
Truly shocking 😂
Bad times are a coming, thats for sure. +100K Trucks! Dream on.
Top comment. Thank you
They dealership can keep there vehicles will not pay there high prices. Am willing to keep my vehicles and fix them as needed.
Kind of wild how my house is worth 290k and these trucks are 100+ lol. Those car prices are juiced to high heaven.
It’s out to lunch at this point
Time to change our lifestyles.
Working for the car companies year after year is stoopid!
Get rid of CAFE standards and all non-safety related regulations and watch prices fall. Better yet sign free trade agreements and let increased competition lower prices by half.
Food prices will rise much more by the end of 24 if you can find food to buy.
It’s trending that way
What food and how much? Be specific, can't wait to revisit this next spring when it didn't happen. 🤣
@@aalejandro750 Yes this comment section must have an average IQ of 63.
As long as people forget they can literally grow tomato or cucumber seeds and watch it grow in a few months, starvation is inevitable. When i look at my grandma at the age of 85 who still grows her own tomatos and has chickens and turkeys in her garden, i know i will never starve
How do Canadians afford these prices lol?! Unless the average Canadian is pulling in $150k+ a year, car manufacturers are in for a really, really bad situation.
Very few and generally only young guys pulling in oilfield money, otherwise, the rest of us chumps are driving old vehicles
They don't have to spend a fortune on basic healthcare or life saving surgery and have decent liveable wages at all levels with employee entitlements like most other 1st world countries do, unlike the US, does that answer your question?
Delusional . Thats if you are able to get the surgert or find a doctor. What liveable wage? I left canada because of that crap.
Buying a $5/10k truck and keeping it on the road has afforded me much financial freedom. It’s one thing if you can truly afford it, most cannot. I choose more maintenance/repair and less efficiency over the shiny and new and I’m quite happy not to concern myself over the auto market.
They can keep their chunks of cheap tin and garbage parts called trucks and take a freaking hike
My truck is paid for long ago. Would like another but not at 50K+. I will wait; and while I wait I have to admit I LOVE watching the dealerships struggle!! I hope they are in real pain.....lot's full, lot rot, layoff everyone, merge, sell the dealership's etc. Good stuff!!
Those expensive luxury monster trucks are not work trucks or blue collar trucks. Those trucks are for wealthy men with little pee pee's.
People that talk about others people dick size is pretty odd and perverted
There's rams around me that's been on the lot since October
October of what year? I am hearing there are still new 2022’s on dealer lots.
It doesn't help that the Feds put a luxury tax on light and passenger vehicles over $100k. It really pisses me off. Taxing blue collar workers that need a diesel 2500 with a luxury tax. Total B.S. It must be to stop Grandmothers from taking their duallies to church.
Way too much interference from the top. We simply need access without being penalized.
I think most vehicles are junk today. All they are is plastic, rubber, and some aluminum thrown in for good measure. I just picked up a new 2023 Jeep Wrangler Willys. The thing is surrounded by plastic and rubber.
CHEAPNESS
45k and up is too much for a dam truck
Who is gonna buy a truck thats already been discontinued after one year!
Not this cowboy, at least at these prices
I bought a new 1972 Chevrolet C20 pickup, 292 6 cyl. 3 speed manual trans with power brakes, heavy duty radiatior and AM radio for $2,917.42
My parents bought a brand new, four-bedroom home in that same year in a nice neighborhood for $26k. Truckloads of dollars will soon be needed to buy a bag of groceries.
If I get real lucky and hit the lottery I might be able to buy one of these trucks! That's what it's come to in the truck market.
Fingers crossed!
I had to get a bigger truck about six months ago. Ended up with a 2020 ram 3500 with 48k miles on it for 60k$. Tradesman trim package. Still feel like I got screwed on the price. But there was no way I was going for a new one. First home I bought 8 years ago I paid 117k for. No way am I paying that for a damn truck
Give me a $20k small truck. I don't need to tow a tank.
Won't happen
The asian markets have one (A Toyota, I think) that is multi-use, bed configurable and simple but not going to see it in the North American markets. Government bloat and safety requirements would make it a $50k truck in no time.
good to see these dealers not selling these way overpriced trucks. they are not worth what they are asking for.
Huge money
Thank you this video!!!!!!!
I got my Dodge Ram big horn with 4.7 L in 2007 for 25000 dollars out the door!!!!Still running strong!!!!Love that truck!
Over 100k for a half ton is insane. I thought when they were charging 70k for a half ton they were out of their minds
Things are simply out of hand
in the early 1900's only the rich could afford a car...when the model T was introduced in 1908, the middle class finally could get into the 'game' ...we are now going into reverse and heading back to the origin of motoring...the car manufacturers produce and push the expensive high end trim models because that's what the rich/(well to do), who are the ones that can actually afford cars, want...there is no sense making stripped down cars for the masses who no longer can afford any car....even what would be considered a basic car, now sells for 35, 40 ,45K...out of reach for many.
I remember that
People are crazy.
For sure
You have to ask , "why trucks aren't selling"? Just look at the MSRP and then the BS add on and fees they try and charge, especially here in Florida!!!
Good explain of the situation !
Indeed, thanks for watching
I like your style of giving your arguments
I drive a 20 year old f150 with ripped upholstery, faded yellow headlight covers and a dented door. PAID IN FULL baby!
Yeah buddy! Just did an oil change today on my '04 Titan with 295,000 miles on it. Paint fading away, plastics falling off, seats ragged but it RUNS without fail.
I'm 57 and will never buy a new car again. my newest is a 21 mazda3 and oldest is a 2009 ford f150 platinum. the ford only has 130 miles and my latest purchase was a Toyota sienna 2015 xle with less than 100,000 miles 17,000 bucks. all will outlive me.
That’s all a person needs
It's crazy how vehicle essentric we are but at the same time we can't afford new vehicles because they are way overpriced.
We may have to look at other hobbies, lol
Crazy price😮, it's half of home prices in some states. Now it's time to go back horse carriage and bicycles, and walking.
We test drove a 2022 (this was brand new, 0 miles, back in 2022) jeep compass 4 banger; my wifes words to the saleman, while she was test drivin it: "for 20k, this is a peice of shit! Feels like its going to fall apart, in my HANDS!" yes, they WERE 20k. And not worth even THAT😅. this is SW Missouri. We drove away in a USED 2016 Acura MDX, off their lot, for that 20k. Best purchase, EVER. still driving it!!
The word is from snow belt states that the RAMS starting rusting in 3 years !
$100000 decal, definitely worth it
Haha definiteyl
New car prices will NEVER go down. They have gave their employes huge raises. Just like the late 70's.
Beautiful on the outside. A mechanical and electronics nightmare underneath.
Even at $50k, it is too expensive.
Just a few years ago a base truck was around 20k ... not 50k.
My 2015 f150 xlt stickered for $46k and i bought it as a leftover in 2016 for $36k, brand new. My same truck trim level, engine, everything now stickers for $66k. That price increase is just insane. That's a $20,000 sticker increase in 8 years. Thats a roughly 44% increase. Insane
Own a 2017 ram with 74000 miles. I have the title in my firesafe and have zero interest in taking on a 65k new truck loan. Ill just drive my 5.7 410 HP paid off truck until the wheels fall off or truck prices come down to earth
If it cost as much as a house, there should be a bedroom, bathroom, and a kitchen inside.
Not to mention the Huge insurance Increase blows your mind. What a luxury world we live in. If you're gonna have. Those Buyers dried up out there.🤫
The manufacturers lobbied for all the regulations they blame the high prices on. It prevents a new car company from making affordable vehicles. I have purchasing power and can buy today.. the big three as well as the foreign vehicle makers can’t produce a vehicle worth buying.
In 2015 an F-150 Lariat was $50-$60k new. 10 years later they’re nearly double? Thanks Biden.
Exactly and Canada has one of those too
I am starting to sound like an old man, but I am only 48. I bought a 1200 foot square house in a nice neighborhood in 1999. It was $72k and was a nice home. This past weekend I was looking at small pickups for $80k. The world has went crazy
I bought my first brand new car in 1983, Honda Civic, paid $5,850 (US) . Sale tax on one of these trucks today would cost me more than my no air, stick shift, window crank 1.3 four cylinder 2 door hatchback.
Remember MSRP is used to charge you higher tabs and insurance, doesn't matter what sale price you get from the dealer.
The only way to bring price down as it used to be is NOT buying.
Agreed. Sadly too many people just keep on buying
Pro Detailer / shop owner here. Ive seen brand new off the delivery truck $100k+ Denalis with metal showing through the paint, solvent pop, dash materials crumbling apart and accent pieces with clear coat issues.
Not only are these trucks ridiculously overpriced, the quality control is nearly non existent. Its not just GM, its all the american companies.
FYI, the FWA (Fort Wayne Assembly) Silverado truck plant in Indiana is on the verge of going from a three shift five day operation to two shifts, reason is high inventory. This could impact about 1,500 UAW members. I'm skilled trades hoping that I'm not affected.
I don't get it. They took $20K trucks, hiked them to $50K, now they're giving $3K rebates and no one wants them? Weird.....
The problem is that even if they do come to their senses, current regulations won't allow them to make cheap, basic trucks.
They can KEEP THEM!!
Too much money
Raising prices because of supply chain or supply and demand, by definition, is pure GREED.
Lets not all forget about all the government required emissions and other stuff that costs the consumers thousands of dollars. A touchy subject is the emissions on diesel engines. All those emissions probably add $10k to $15k easily to the sticker price. Not only are the manufactures driving those prices up but the government is giving them a hand. When a manufacture has to develop a new motor to meet current emissions standards, that expense is passed on to the consumer as well. Our safety standards are nice but those standards add cost to American vehicles compared to overseas vehicles that do not have those standards. I look at the mark-ups as a collaboration between the manufacturer and the government.
I remember back in the 70's a regular cab 2wd truck was around $5,000 tops.
Spending 125K on a massively depreciating asset is ridiculous.
Absolutely insane
It really is. 100k is more than I ever thought I would see on a truck. Worst part is we have been desensitized to all this to accept it as normal
I would rather have a truck with the 6.2 litre V8
Strong engine, but they have had lifter issues in many
I have a 2015 Nissan Xterra Pro-4X. Perfect size. Shift on the fly 4WD. 4 liter V6. Now has 110,000 miles and has never had an issue other than regular maintenance and upgrades I've made. It was $32K out the door in late 2015.
with inflation, 100,000 is literally the equivilent of 50,000$ in 2015. the prices go up because the dollar is loosing value.. these truck and their prices are the cheapest youll ever see them ever again..
Wages have not remotely come close to chasing inflation
fuel at 1.60 a litre and 80 000 trucks ,,,what a surprise
Yes indeed
To say that "trucks aren't selling" is an overstatement. I see people buying a lot of trucks because they are a better value than SUV right now. Colorados, Rangers, 1500s...
I think the Big 3 painted themselves in a corner.
This is a market correction that was overdue since COVID.
Thanks so much for your comment. Cheers
Mine?
A near mint 1990 F350 4x4 crew cab and an '07 Town Car.
I'm perfectly happy.
The dealers got used to bending over buyers with 30k above MSRP during the pandemic and chip shortage. Now the inventory is piling up again and buyers have options and very little disposable income, so they are be cautious about where and how they spend. All I can say is get ready for huge mark downs like never seen in history come this fall.
The Dealership long-con ... just ran off a short economic bridge.
great content
I need to know when these will be dirt cheap. What’s the recourse and what marketplaces/venue can I find them?
Well…..
I own a 1995 Tacoma Sr5 extended cab 4x4 paid 3500 for it 4 years ago all I've done is change a thermostat,oil changes and put gas in it no payments they can keep 100 grand trucks I'm happy with mine and no payments or repo man coming to get it
Unbelievable high truck prices, not worth it.
Over-hyped, Oversized, Overpriced. Now Overstocked.
Yes indeed tat is the case