BREAKING POINT! The Car Market has Suffered a FINAL BLOW!
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- čas přidán 13. 04. 2024
- The new and used vehicle market has taken its final blow... Last quarter we saw record sales take place, that isn't because the car market is back to normal, it's due to dealers slashing the prices on their inventory. We have so many brand new 2023 models still just filling up dealership lots (in April of 2024!) That's unheard-of. Huge discounts and incentivized interest rates are what led to the high sales figures last quarter.
In this video I talk through some new stats, facts and figures that are quite alarming. For these reasons, the new and used car/truck/suv market is showing signs of a huge downward swing. If you'd been on the fence of buying a new vehicle, watch this video... 2024 just might be your year to capitalize on it! I love it because NOW, a dealership's reputation actually matters... Whereas during the pandemic, dealers could treat customers like a number. Like another brick in the wall. The dealers that took advantage of people these last few years will truly struggle, and I'm okay with that. How about you?
Here are some points I discuss in this video:
- Manufacturers are dropping MSRPs… slowly but surely.
- Jeeps… Cherokees, Pacifica, F150 Lightning, not enough $2K cherokees
- Cheap vehicles are becoming more and more popular… Chevy Trax, ford Maverick, Nissan frontier,
- MSRP hikes 36%
- Markups are dwindling… TRX, TRD Pros, Siennas, Rav4s, Raptors (not R), RS6, G wagons… let me know the worst markups you’ve seen.
- New vehicles… especially new trucks are 15-20% overpriced now. So 10% discounts don’t mean much…
- Jeep over 60% price increase in last 5 years
- It’s becoming a clear Buyers market
- Incentives keep getting stronger…
- Prices paid are going down… $47,200 average transaction price
- Just under $50K during pandemic
- Dealers are having to slash costs… floor plan costs are bleeding them dry. Wholesale auctions are no longer a reliable parachute.
- $50K at 3% …$3900 in interest 60mo ($895 monthly).
- $50K at 9%… $12,275 in interest 60mo ($1038 monthly).
- Ford sales up 6.8%… inventory is going up much faster haha
- Same for Tundra… 15,337 tundra sold in March, 11,247 Feb, 9,631 Jan.
- Inventory levels 3M+ available new…
- Like this because it’ll weed out the greedy dealers. Greedy dealers will drown themselves…
- New deals better… used values plummet as a result. Good and bad…
What do you think is next for the new and used vehicle market? Will it get better before it gets worse? Let me know.
As always, I sincerely appreciate you all taking the time to watch... it means a lot! Thank you. If you haven't already, please consider Liking and Subscribing. Your support doesn't go unnoticed!
-Stay Untamed...
#carmarket #marketcrash #vehiclemarket
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@untamed_motors - Auta a dopravní prostředky
We officially are now living in "The Twilight Zone". I will ride a bicycle before I pay $100K for a pickup truck.
Haha right!? Pure insanity… am I the only one not getting paid double since 2019? (You know, like these prices would suggest?)
@@UntamedMotors
Good choice of words, "Insanity".
Smaller engines and bigger payments - Bidenomics at work. 🎉
People want stripped vehicles for under $20k, take all the options, computers, fancy wheels and stick them.
It was already official in 2020.
Oh cool, $2000 off a vehicle overpriced by 40k! Its a start, yeah, but nowhere close to where things need to be.
20% reduction is a minimum start!
Haha yeah we have a waaaayyss to go, but at least it’s better than your typical MSRP hike each year!
@@UntamedMotorsWhen I was a teenager I was always wondering how every year cars would always go up a small amount. That was thirty years ago and now we see where they have gone. It was bad when they went up 1000$ or do a year but 30% jump in three years is INSANE!!!!! Nobody can pay that price , ESPECIALLY with interest rates being so damn high.
I'm sitting here playing the world's tiniest violin in sorrow for car manufacturers and dealers.
Like the dudes playing the violin while the titanic is sinking haha!
Nero wants to join u😂
Haha you and me both 😂
😂
Mind if I hum along while you play?
The fastest way to turn $80k into a $40k is buying a new truck they lose their value as soon as you drive off the lot🤣
That’s the unfortunate truth… =\
When all dealerships increased prices almost 80% none of this matters. Let the dealerships choke on their inventory. Lastly with inflation, gas prices, and interest rates it is just not worth it to buy a new/ used car.
And Insurance increases !
Let the new trucks and cars just sit. The consumer has spoken.
amen to that 🙏🏼
$100,000 for a Chevy.
GM. I’ll never buy a car from you again.
It has become completely absurd 🤦♂️
Blame their unions and socialist Republicans and Democrats
@@lockandloadlikehell
Yeah those Mexican unions really negotiated a massive pay increase. That’s absolutely why Toyota cut production and raised prices of the new Tacoma, and it has absolutely nothing to do with stock value and share holder returns.
I rather keep driving my 1972 ford F100. I paid $400 and still drives like a champ!
I have a 02 Ford Explorer bought brand new in 01. After seeing the invoice of the pickup for over $100K, I’ll pay the upkeep for another couple of years until the manufacturers come to their senses. Don’t forget the unions play a big part in these ridiculous prices.
Ole trusty! 🙌
@@UntamedMotors As you described the old Toyotas. Very simplistic! Solid V6, no 14” monitor or electric motor. I’m curious to see your in-depth review of the 24 4Runner.
My 02 Explorer has a 4.6L V8, 5 speed automatic & very little electronics to break down. Also I can do a lot of the work myself.
My immediate reaction to the new 4 Runner is cautiously optimistic. A huge monitor & a turbo 4 cylinder? I can’t wait to see what the pricing is going to be?
@@Maverick1791 I think we will all quickly realize.. old is gold. The complex new motors aren’t good for folks who actually want to work on their vehicle. I’m with you on the whole cautiously optimistic. Looks great but I’m nervous… excited to get behind the wheel.
Hey you can drop $5-10k on your truck and restore it and have an awesome ride.
“Smaller engine, bigger payment!” Great line!
Let the greed soak in and the train wreck begin
Anyone paying $100k for a truck should have to be examined by a psychiatrist as part of the loan process.
Even successful people who have an education and made something of themselves, or just jealous folk who can't afford these, like you?
If you have to finance a vehicle and you cannot pay cash for it then you cannot afford it
A coworker of mine thats a high level manager at Amazon (making ~70k/year) owns a TRX. msrp those are like 90k+
@@PhuckCZcams-dw7su No offense, but he isn't "high level" if he is only making $70k a year. Mid level is $200k+
When you delved into the 24 Tundra stats I thought, “24 Tacoma says, ‘Hold my beer.”
Nobody ever mentions why… maybe the us govt printing money out of thin air has something to do with it.
minimum wage is too high, the unions increased pay for it's employees to compensate the increase in cost of living, but none of us middle class saw a dime, as such we are all feeling the blow of that wage increase. It happened last time they increased minimum wage, and the time before it.. People who make minimum wages don't understand that it's never been a wage to survive on, it's always been a kids job salary, or second job to do something because you have extra time..
EXACTLY!!!! Say it louder for the boneheads that were supporting govt mandated lockdowns and destroying small businesses all over the country!
@@rustbeltrobclassic2512no it was the govt mandated lockdowns and the fed printing trillions and trillions of dollars to temporarily boost the economy/stock market and increase the wealth of billionaires by 2-3x
I make 170 a year and drive a 3000 dollar beater car. I grew up broke I can’t imagine people dropping 60,70,80k on a truck on payments
Yeah the costs of things have just gotten out of hand… total lunacy now, I agree. =\
@Swen-bk3kzonly online, huh
that bronco for 66k should be more like 50k fully loaded. and the cheap sport version should start at 21k.
I agree. I was sort of shocked to see $66K… 😳
the sport is still an compact suv. Maybe 25 but not 21. Bronco should be 40-50k
@@jamespostle6894 all compact suv should be low 20k this goes for the crosstrek, Kona, hrv etc. 25k for barebones is wild
$35 at best
This is a direct result of the big bad bed bug and the govts response to it. The fed printing shit tons of money the last 3 years is what fucked this whole society royally. Please keep that in mind and remember it next time they try to do it again, soon
They made them less trucky and hiked the price. No thanks.
Automakers saw how dealers were doing markups, so they decided to join them and make the markup price the MSRP price.
not the complete truth. the us government has made more safety features mandatory. your not wrong though.
Your totally right, i have a friend that works for Toyota corporate, he said Toyota seen all these huge prices that Americans were paying with markups, he told dealers toyota would raise msrp and sounds like they did
100k for a truck? lol they can all sit there for years and collect dust.
Yeah yeah . Wait till Edith sees and wants one ..
Most of them already have. Dealers still have 2022 from the "chip shortage". Imagine the floor cost.
@@indycharlie you must be a car salesman lol
@@sabastian4858 I laugh at these idiots that buy these over priced junk. I am sure indycharlie got suckered into buying one lol
🤣....... 👎@@archie_bunker
I went to Corwin Toyota in North Dakota last weekend looking for good deal on 2022 Tundra SR5 and dealer wouldn’t budge. Screw it, I gonna hold off and wait for Xmas end of year sale.
for many reasons christmas is the best time to buy. i bought my tacoma 3.5 years ago on christmas eve. got 14 percent off msrp. i did check 6 toyota dealers and had to go to orlando to buy it. this place was serious about selling. they had 20 of them sitting on their lot. that was the difference between them and the other places. i also got the new year model not last years model.
That’s what we are doing.
I refuse to buy a truck at these prices. Even if I get a “good deal” they are still too much money
wait til the end of the year. these stealerships will have to pay taxes on left over inventory.
“Bird crap edition” got a like from me lol
Haha those editions are quite coveted 💯 😂
its straight up stupidity. we have ourselves to blame. if we stood up and stopped buying new cars and trucks you would see a major shift!
Agreed. Something has got to give soon…
@@UntamedMotors Untamed fueled the fire himself. 😮
This is just another symptom of a declining economy. It's all falling apart and it is our fault for electing idiots from both parties whose only solution is to spend money we do not have.
I refuse to spend more than 40k. They can keep them.
Yeah remember when $40K got you a nice, mid-top trim vehicle?
Still have a local dealer in WI showing a $5k markup on a 2024 4Runner, they’re out of their minds
That’s ridiculous …especially right now 🤦♂️
They got rid of the Tundra 8 cylinder and that model is dying. The same fate may happen with Tacoma 4 cylinder versus the traditional 6 cylinder.
Exactly , and there are reports already with this new 4 banger Turbo having issues.
@@indycharlie You can best blame the idiotic government that is requiring higher mpg at the expense of engine quality. Another example of government over reach. Look how stupid Biden and the environmentalist wackos pushed stupid EVs that NOBODY in their right mind wants.
Ok, go buy a Ford or GM then….oh wait
@@christopherkozal7987 Fix or Repair Daily (FORD) leads the league in recalls. GM? Now that is even funnier. I am gonna hold my 2023 6 cylinder 4 Runner till they drive me to the morgue in it.
don't believe them when they tell you their invoice price.
Ask for a copy of it then
@@Csmolka2121 it doesn't matter what they give you they don't pay that much. they get kick backs and other incentives.
Always best to see the actual charge and build sheet from the manufacturer
And just like any business, they have to make a profit. They have to pay their employees and to keep the lights on. If you are getting a vehicle at invoice pricing + manufacturer discounts/rebates, you should feel confident that you are getting a good deal.
@@Csmolka2121 i bought my tacoma new 3,5 years ago 24.600 tax, plates, everything. in 3 years they went up over 50 percent. my car insurance went up 100 percent in 2years. so i guess the dealers are going to go broke because people can't afford them.
It seems like gouging customers is working just fine. They keep selling and idiots keep buying. No one should very pay 50k for a truck.
"things are looking bright for the consumer?" - wait until all the lay-offs take hold...
Like real estate….prices will never really come down
they must because they have no choice
As long as you have stupid people they will sell, all we have to do is stop buying them.
this is true... home prices aren't budging and interest rates have been going up a smidge. I got lucky, got new construction for 340k. 3 bed 1.5 bath .50 acre. walk in basement. very old houses in the area are starting for 300k.
@@yourmanzach2307 Depends on where you live, where i live, 340K and you'll get a shed with 20 square feet of grass for land. Everything here is close to a million
@Swen-bk3kz a new car years ago was $9,000… when was the last time a car was $9,000? Prices aren’t going down really. Manufactures are raising MSRPs and our US GOVT is making everything mandatory that costs money come on now
I keep hearing how bad it is for the dealerships.. I am not seeing them drop prices and they still have mark ups and thousand dollars of add ons
Same here, I saw markups on Mavrick Hybrids just last month. Yeah they are hurting sooo bad.
Probably regional and depends on certain models/brands
Definitely depends where and which dealer. Around my way, one dealer advertises 3-5k off MSRP for Tundras but 15 mins away, another dealer still sport market adjustments.
Lots of good deals out there for used and new. You just have to look
I wouldn't pay 81 K for that Capstone if it still had a V8 . I sure as hell wouldn't for the ready to explode , V6 Turbo !!
Haha that’s a fact. Judging by how many top trim Tundras are just sitting on lots, you’re not alone on that man.
Prices need to come down 30% easy. I’ll keep my eight year old tundra limited bought it new for $43k. It will last another eight years. Never a single issue.
Don't think dealerships are in trouble at all. I offered 39k for a 42k vehicle at 6 dealerships in state and out. No deal. No negotiation
I'm partial to that statement as well. Both the MFG's & stealerships have adjusted their strategy due to that world event 3 years ago. Not that I have really looked into to much but I suspect the stealerships are probably being floated on by some new financing agreement(s) or delayed interest program to sell their slow moving stock. Manufactures have changed by simply stating that there's a supply shortage and delays. The manufactures just simply raise the base MSRP on all their models, stop purchasing so much from their suppliers and produce in smaller batches. I firmly believe they're manufacturing a false crisis / exacerbate on current issues into justifying their new permanent price scheme. If several years ago a truck at $50k was overpriced and today they're charging $100k then when it comes time to adjust their pricing to meet market demand the new norm will by $65-70k. Manufactures will simply gaslight consumers into thinking they're saving $30k when it reality they raised the base MSRP by $15 without anyone batting an eye. If MFG's & Stealerships were making profits on a $50k truck, just how much are they making now for goodness sake, $20, $30, $40, $50k?
@@monkeyhunkeytunkey not true if we made that much I’d be a billionaire. Most manufacturers don’t turn profits on cars only parts same as dealerships they make money really on service. Look at Tesla they make money on service and parts.
@@icjkicks3630 You're telling me that 'most' car manufactures aren't turning a profit on vehicles and are only really making money off selling parts to dealerships? What incentive would there be to continuing their brands if the profit margins are so little? Why even spend the billions on R&D, certifications and advertising if they're only making a buck from servicing and interest from car loans? Car MFG's have incredible pull, they have political influence, they have purchasing power with suppliers. I can assure you that car MFG's are making a profit and will continue to do so. Perhaps the profit margins aren't as fat as what they used to be but I also doubt that because everything today is made to fail, usually after a warranty.
In 9 months go in and do that same thing. You are too early.
I was looking at a 2024 Mustang GT last month in March and the price was $50,000 and after they marked it up with all the trim it was $60,000 not dimension. Finance charges with 8.5% and my insurance company was gonna charge me $125 a month For coverage and then I had to buy another insurance policy. Call gap Insurance And this is what a $9000 down payment so my down payment would be going to pay for the trims and the markup so I walked away from the deal too much added on debt to the new car they act like they wants to rob your blind. Just buy a new car. Good luck people.
2.4L is fine for a sedan, but in a midsize truck? Keep your turbo boost, as it will die 100K miles earlier than the naturally aspirated engine. But that's what the feds command.
And speaking of feds, drive around the DC beltway or northern Virginia during rush hour and you'll see who's actually still buying the new overpriced vehicles!
Government employees (layers of nonessential bureaucrats!!)
This country is caving in. How sad. The greatest nation and people can't afford to survive yet we give away millions and billions to other countries while ours fall apart. The thing is we can do something about it. We just dont stand united. We have to hold these crooks in government liable. Unity people
The Electoral College and your local party/election controllers? Is that who you are upset with?
No, stupid- we're upset with anti-Constitutional, warmongering, collectivist Democrats and Republicans.
What are you confused about?
@totwallybaba
@@totwallybabaNo, s tupiT, we're upset with anti-Constitutional, warmongering, collectivist, trai tor Democrats and Republicans.
What are you confused about?
Agreed. It’s been a disaster since 2021.
I suggest that people stop voting democrat and stop paying taxes. All you have to do is start a side business and you will never pay taxes again. Wake up and do what the rich already know.
I won’t spend 70 Grand for a truck that depreciates as soon as you hit the road out of the dealership…. I rather spend 30Grand as a down payment for a house that it will give me cash flow every month… keep paying outrageous prices for trucks that are not worth that much ..Fools.!!
Buying a house at the top of the housing market won't get you cashflow.
Those are call investments…. If you didn’t know how is done don’t say it because you will look as a total ignorant … keep buying trucks I guess it will get you cash flow every month..!
But if you have all that cash flow then you good to buy a truck lol
So true👍
I like to make money not to spend it .
Unless you can pay cash for a vehicle don't ever finance a vehicle the costs over 60 70,000. You will be trapped in it forever.
Yes the goal is to pay banks as little as absolutely possible. Make interest work for you!
I drive a 2015 Ford Edge sport..loaded with 135K..I can’t afford to replace it with same equipment just to be in debt for years
In my humble opinion E vehicles should cost 25-30% less than gas cars.
I’d do 50%
Paid 107k for my small house in California in 86 now it list for 750k. I drive a 07 Ford Ranger 200k miles runs and looks brand new. Paid $7500 for it last year.
Even at 50% off No Way in Hell I'm buying a truck at those prices. Only idiots would finance a new vehicle.
in California, you see warehouse workers driving a brand new trundra/tacoma smh. People put themselves in financial in debt holes. This is why most people will be poor forever.
2024 tacoma trd off road premium is going for $81,000 Canadian after taxes, fees, and finance cost at 7.4% with no markups, in canada and it's fkn ridiculous... almost 6 figures for a fkn mid sized 4 banger.
Unfortunately all the oil patch workers will think that’s a great price and they will drive sales. I have a good job, make good money. I can’t even think about a base Tacoma. Even if I could afford it, I wouldn’t buy a Tacoma. Toyota is screwing us Canadians by not giving us the 4x2 and some trim options. Plus we don’t get the brown color I like.
@@kirk8359 I was looking for the bronze oxide, it really isn't offered here.. but yeah man 80k for a mid size is wild. let's see how it goes, eventually ill give in sadly, thats just cause I really want one, but it's going to be a big dumb sacrifice to go that route
Do you even drive off road?
in 1997 i paid 99k for my first semi truck Kenworth T2000 w/ cat 475 hp , today pu 100k -no thank you.
It’s unfortunate you have channels like Car Edge misleading people and encouraging them to buy at these inflated prices because they stand to make a few bucks when people use their services. Car Edge keeps telling their viewers MSRPs are up nearly 40% since 2020, but that they should go out and buy now because avg transaction prices have dropped 12% wtf? 🤯
Sounds like you bought 😂
@@PhuckCZcams-dw7su nah. I’m mad cause these idiots won’t stop buying so I’m having to wait longer to pick something up 😂
Only the lenders can stop this now. They need to only approve 1/3 of msrp on any loan.
And if the car is a 2024 Chevy Trax 1LS FWD barebones base… MSRP is $21,495 and invoice is $20,995 who’s loosing the money or Mr. Customer are you planning on putting the difference down in Cash, Debit, Credit or Certified Check?
Don’t trust the industry, take for example Stellantis thousands of recalls. They making these new vehicles with cheap material, to much technology and the paint also in new cars sometimes peel and crack out and the most important remember the ‘LOT ROT’ Then you have the depreciation. EV’S the main problem is they are to heavy b/c of the battery, hard to fix, maintenance is a nightmare, no mechanics and insurances are charging a ‘Arm & Leg’ to insure. Great Video, Thanks👍
Feature video of rusty brake rotors to show lot rot stage would be cool...
it will be a two-tiered market: cheap (used) cars will remain stable, expensive stuff will go down a lot.
Colorado folks: keep looking through private sellers -- stay away from Toyota dealers if looking for Corollas. We have been looking/watching for over six months ... talked to every dealer within 2-3 hours of Denver and no one, and I mean no one, at any dealership would budge on their ridiculously overpriced Corollas. At last, we have located a corolla through a private seller, 3 years old, low miles, clear carfax, currently being evaluated by our mechanic and guess what? The price is fair with no b.s. - 16,000. Toyota dealerships can kiss my you know what.
corolla GR?
@@303cris LE. I have the car now. Transaction was the least stressful car sale I have ever been through. I'm delighted.
Always a pleasure watching your videos
Keep your old Car/Truck. They're less complex, simpler to repair, and getting parts/insurance is easier than complicated, over designed/fancy pants new vehicles. When did vehicles go from having "Nice Lines" to a "Design Language" ?!? WTF !
With 4 kids, you are better off with a minivan. More practical, lower price and lower cost to operate.
This guy refuses to admit it.
Also gayer looking
Our interest payment on our debt by the end of the year will be 1.6 trillion. That's just the interest on our debt. If I were to give you a dollar a second. It would take me 32500 years to pay one trillion dollars.
That’s absolutely insane to think about 🤯
Trump added 33% to our national debt. So far, Biden has added 8%.
Prices have nowhere to go but down as long as people don’t buy! How hard is that to understand?
"EV's gotta go"....yep!
You know. Even if prices do drop. People including myself, are so pissed at dealers, I may drive my truck for another 20 years. I just cringe at the thought of giving them any of my hard earned cash
Do not get an auto loan... ever. Save up and pay cash... get a nice used one... timing about a year from now. The car market crash has just started it is going to get much worse.
Overpriced, overstuffed trucks sporting four pot engines with puffers. I'd imagine a dealer salesperson gets flop sweat when a truck customer wants a look under the hood or a test drive of the brand new wheezer. Ha!
That's a good one! 😆
Unfortunately, this is what happens when you have automotive journalist reviewing cars and all they want to do is talk about big screens and all the electronic gizmos. If you watch reviews of the 2021 tundra, it was hated it was always marked as old.
Same thing with all the electric vehicles they are trying to cram down our throats.
@@marcodarko6941Who’s forcing people on lots to buy new vehicles? If someone is being forced to buy a vehicle with a million touch screens please let me know so I can set that person free!
You nailed it. Ive been saying this for the last couple years. You used to he able to get a 4wd 2031 Platinum or 1794 Tundra for 53k. Now a base SR5 costs more than the most expensive previous gen model. 71k for am SR5 sequoia is freaking Nuts! A brand new 2021 platinum was 60k.
I don't even know who this Toyota Sequoia is marketed to?? If I'm going to spend 70-85k for an SUV I would rather get a Lexus GX because at least that has a luxury car badge.
I just saw a new '24 Tacoma sport 4x4 on a lot it was $53k.
Exactly !@@davida8052
@heavycream6682 meanwhile ypu can get a ranger raptor starting at 55k. Ive seen plenty of them for 57k. Much cheaper than a tacoma and way more power. At least the ranger will offer the 2.7 ecoboost V6 as an option, with the 3.0 ecoboost going to the ranger raptor. Toyota needs to offer something else because Ford and GM are crushing them in the power department. GMs 2.7 4 banger makes way more torque than the taco. Sure, the hybrid helps but thats more cost and complexity. Im a long time Toyota guy but they have really lost me with this new Tundra and Tacoma. The Sequoia is not evem on my radar because there is no way I can justify paying 70k for a freaking Base SR5 with cloth seats and small wheels. The previous gen Sequoia platinum was under 70k, now they want me to spend over 70k for a steipped down version with cloth seats! Nope! I'll get a 2021 or wait for the new Armada.
The federal government should put these people on trial and ask what justifies the price of these new vehicles just embarrass the shit out of them. People are paying more for less now a days, just shameful.
How when our perfect US GOVT makes so many “safety” features mandatory and that costs money come on now. They deserve some blame it’s all about the bigger picture sometimes it’s not the manufacturers…
Awesome review definitely keep up the amazing work 👍
Thanks for all of the content!
Feel like i haven’t seen these price drops in my area in the DMV, but thank you for the great video and market analysis
Great report thank you!
Our local Ford dealer is definitely doing some shady stuff. Over the last 3 weeks they quietly each week raised the prices on their new 2024 Mustangs by a total of $2,000 and then this morning sent out mass emails to customers that all new 2024 Ford Mustangs were being discounted by $1,000 🤣 They must think we're stupid or something.
Smh… that’s pretty ridiculous. 🤣
This is why junkyards are busier than dealerships. Better opportunity.
Yep! & the lines are getting longer at the auto parts stores all the time too.
It's almost like Cuba was for years but for different reasons.
Just keep fixing the old vehicles till they disintegrate totally.
Hey.., ' I have an idea: How about they install a new feature that shows Drivers dumb enough to actually buy these outrageously priced cars...
....Just " How Far " up the Ass This Industry Has Gone, Goes, and "Will Go To Overcharge, '
.....' 🤔 - Just To Make A Buck At The Public's Expense in a Failing Economy...!? ' 🤔🤨🧐
The Dummy Light Turns a Bright Red, With a Symbol of a Red Triangle, With an Image of Homer Simpson Dropping His Pants Via An Alien Encounter, Once The System Indicates The Monthly Payment Shows PAID..! How's That Sound? 🤑🤔🧐✌
Imagine buying a new car off the lot knowing you're going to lose 20% the moment you sign for it.
Thanks, dude. I really hope Toyota pulls their heads out. I love my Tacoma but she's not going to last too much longer. I bought her brand new for 21k back in '04. Now, they are putting 4-banger turbos in the Tacoma and 4Runner?! WTF I'm not as bummed by the price as I am the new motor and so called "upgrades". Maybe the new Stout will be reliable and affordable? Meanwhile, I am going to fix up my truck and drive it until the wheels fall off.
BTW Is it me, or is "luxury truck" an oxymoron? I say screw luxury when it comes to trucks. I want to be able to load it up, take to hell and back without breaking a bunch of plastic electronic crap.
Apparently, Americans want it and are willing to fork out mad money for it...
Lots of great information. Thanks for the video.
The greed got the better maybe now the bosses will understand we can’t afford there dreams anymore
My daily is a 2011 Toyota FJ Cruiser TT. I will drive it until the wheels fall off. I want nothing to do with these new rolling computers. They are not affordable to buy or maintain. No thanks. Car Manufacturer's are letting the gov'ts put them out of business. They'll learn the hard way.
I also must add: No one wants a 4-cylinder, turbo, hybrid truck!! Whatever "our betters" are smoking... I want some!!! :)
You have said it all.
As a loyal Toyota owner myself with a 2016 Highlander I plan to hold onto it for good. I am extremely disheartened by the path (downsizing engines) Toyota is taking and in the future will definitely reconsider staying with them.
I remember when the Rav4 had its engine downsized in 2013 and thought that was HUGE mistake and now the Highlander or the Grand Highlander with a turbo four banger.. an SUV that's almost 4500 pounds.. no way! They are definitely smoking something.
Enjoy tethering yourself to Big Oil, I’m sure they will help you out in times of financial strife.
@@ryanfraley7113 LOL... Where do think the power for charging your batteries comes from?? Answer: Fossil Fuels.
@@donnielama6459 Even Toyota is heavily pro-hybrid, but excellent straw man to assume I was pro-EV simply because I mentioned Big Oil. Great debate tactic on your part. I’m not against people buying EV’s if they’re better for their individual use cases though. Also Toyota had their highest sales quarter for Tundra in a very long time selling hybrid Max. Just look at the numbers.
I talked to my buddy who’s been a yota salesman for a few years.
He said sales are really bad and they are basically negotiating down to nearly invoice to make new car sales.
They are an amazing dealer and sold at or below msrp all through the plannedemic.
I hope so, I called my local dealer inquiring about ordering a 2025 Toyota 4runner TRD PRO and was told it's $2000 down (Here in british columbia Canada), probably a 2 year wait at worst and they don't know what the price will be, get in line to order one and get the details later is what I was told. Ludacris... I said no thank you.
2 year wait my ass, they will be stacked in the dealer too, your dealer is trying to finesse you. 2 year wait…… ass.
Not you @ArthurCzerniak btw, Toyota and dealers
@@milspecrider haha, I figured! I was not offended at all lol! I think you’re right to be honest. I’ve seen so many units just sitting unless it’s a hybrid
That’s ridiculous let’s see those prices tank
i use to drive toyotas when they were priced right but a few years ago i saw 60,000, 70,000, abd even vehicles priced in the 80,000 range so around 2021 i bought a BMW x5 stacked with all the options for a little over 70,000 and been happy driving it for the last 3 years. i will never pay that much for toyotas, dodges, jeeps. with their plastic type interiors and outdated tech cause if i am going to pay high prices i might as well get actual high end stuff and i've always done my own oil changes and upkeep and any car if you keep up on the care will last for a long time, well almost any company except jeep
This is why we need more choice! Let the Chinese vehicles enter the market and watch prices fall off a cliff. It’s not that I’ll buy a Chinese vehicle but it will drive down prices. I hate the fake free open market BS. It’s not. Legislator’s pick and choose who they want to help. And one more thing. NO MORE BAILOUTS! Adapt or die!
Im just going to build my own truck. I reduse to pay those high prices. I can wrench and paint a lot cheaper. I have a 97 Lexus wi8 105,000 on it so i wont need a car for a long time.
Bird crap Edition 😂😂..The Bird crap package will cost ya another 20 grand 😂😂
Haha right!? It’s quite limited. 👌
@@UntamedMotors Yes😄👍
Great educational video!! Keep up the great work!!!
Thanks a ton, brother. Appreciate that feedback! 🙏🏼
It will be fun seeing new 2023 models still on some lots months from now when they're getting the 2025 models in. That will definitely be the case for the Mach E's and Ram trucks they can't offload to fleets.
Good data. Thank you.
If your car payment has ended baby your vehicle - still budget the same money for maintenance and saving toward next one.
Oddly I'm seeing a lot of Temp plates and new vehicles rolling around. No idea who has the money to pay these prices, but people are doing it.
I see a lot of temp. tags flapping in the wind as well but they are usually up to a month or a year or more past expired.
Still plenty of credit available and there are plenty of millionaires that can fork over $100K for a truck.
If you walk into Mountain states Toyota in Denver, they won’t give you the time of day if you have not made a previous appointment with them. They really do make you feel like it is a privilege that you even get to buy a car from them.
Well, those dust need a target to hit. Those high price vehicles can be the mark. Thanks for the video.
Just ordered a f350 platinum tremor from Dwight at kg ford per your recommendation. Picked up an f150 for my stepson a few weeks ago. They did a great job. Just wondering what you think of the hd truck side.
I don’t see anything like this in the Midwest.
Keep wants my lease back so bad and I’m like nope when I wanted to make a deal yall were greedy now bye I’ll wait till the last day of my lease
Just put my deposit down on a 2024 4Runner TRD off road premium in CA for $3200 below MSRP. Had to purchase in central CA and drive about 1hr and 45min but well worth it.
Where did you get that deal?
Toyota dealer in Sacramento, one of only a few below MSRP within 250 miles of me. I couldn’t believe it and immediately put down my deposit
I'm in So-Cal. No deals like that around here. Congrats! @@kevinoconnor2202
Do you drive off road?
@@pmscalisiWhat’s your actual question?
PERFECT comments on the Tacoma. Nailed it.
Bad enough the manufacturers have raised the MSRPs $30k “+…since 2019. Crazy that Toyota doesn’t offer the Tundra in a V8 option…some of use just don’t want a turbo engine or “Hybrid”.
You can blame the EPA and the WHO for no V8
@@pmscalisi why…Ford, Dodge, Nissan, and Chevy all still make them.
If you expect to get a crap load of money over what your used vehicle is worth then your no better then the ripoff dealers and manufactures !
Car market, Stock market, job market, and Gov't debt all will crash. Nothing new.. Let it come.
They might be slashing the Tundra, but my local dealer has just started selling the new Land Cruiser, and have added $15K over sticker. This is just greed. I hope it bites them.
I hope so too… hate the greedy dealerships
Try 50% overpriced.
Keep em.....
I work for the government but as a licensed plumber, I also do side work. Once my old dakota craps out.... Im done. These people on facebook looking for plumbers can find someone else. Time is money and I would rather spend my time with my family than doing side work to pay for a 80k pickup.
I will still work for the government, give up sidework, and just drive a Suburu Forrester.
This is just one more reason why it costs so much to get any contractor to do anything, and why us older contractors are hanging up the hat. I personally don't enjoy charging grandma $800 to change a faucet. But with 80k in just the truck...... I cant work on the cheap anymore.
BTW the 0% financing is offered by the OEM not the dealership ,they do not have the ability give it to you for 60 months
EVs are too expensive for most people. Most sales are business lease contracts/fleet sales. And these type of sales are dropping like a stone...
Yeah watching the sudden demise of the EV market has been pretty comical…