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The FTC proposal is also a WARNING to shoppers that bait and switch pricing tactics are in fact plaguing the car market RIGHT NOW. If you SEE prices LOWERING online dont get too excited as it may just be one of those many dealership groups that the FTC is warning everybody about – they may lower their price online but not actually lower what they are going to attempt to get from you in the rest of the deal — Example— they lower the price by 2k online but force thier financing and add on products to get another 5k from you on the contracts = shaddy dealer — Watch and read on this channel to learn what to look out for .
price for older cars are getting higher and higher…the bubble is only popping for finance cars
The people in this
country buying new cars stupid.
Where can I get a good reliable suv in ny?
You don't talk at all about all the repo is happening
I check Avis Car Sales, Mitsubishi Outlander SEL, 500 miles away, Price: Low to High and they have around 50K miles, 2020 model year. In Dec. '21 as high as 24K, now in the low 20's. Before the Koof for an '18 these were going for 14K.
we have the power. Hold out and starve the crooks!
Thanks for this. I was hoping to see a crystal ball video from you guys. I suppose this is the closest thing.
It does tell us that as buyers we should – do nothing at all right now. Things are nuckin futz as you said. Iāve made some dumb moves over the years but my last one as tempered buy buying the best resale vehicle – 2021 Toyota Tacoma. Itās not as techie as some but I could make money on it right now if I wanted/needed to. Problem is – what would I buy? And at what markup?
Wonder how many hellcats are going to be repo'd?
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Truthfully there is no good time to buy a new car. The hucksterism and dishonesty in the business plus guaranteed depreciation on the drive off will keep me away. Will there eventually be blood in the streets and a much deeper and prolonged recession than anyone expects ? Probably .
Damn i cant even afford a 10k ride šššš too much km's already if under 10k š³š³š³š³ššš»š„š»š„
These prices are carzy big dealers small dealers going to be out business very soon you have vehicle prices high for use .A vehicle that has 100 miles on it they asking 40,000.
How are people even insuring these vehicles over msrp? Crazy to buy a car at these prices.
Could it just be greed?
I donāt consider 1/3% drop to be significant. Thatās only $67 for a $20k car. Even at 1/2% it would only save $100 for the same $20k car. But it is heading in the right direction and hopefully it will get better.
I'll set myself on FIRE before I pay $48 K for an avereage new car.
Hey guys I'm in the market for a new car and the company I notice that keeps the prices close to msrp is hyundai does anyone know why or if I'm wrong anything helps
3 years ago we actually had a good president. The last 2 years weāve had a pedophile moron. Not rocket science
Looking at lambos. New is 287 sticker. Theyāre going for 330
Just like every other market, car pice crash soon…
When are you going to start talking about the Subaru justy the greatest car of all time
I bought a used hybrid honda insight with 7k miles right after Joe Biden took office. Gas prices were still cheap and I knew what was coming. Everyone still wanted big trucks and suv's. I got my little hybrid car for a song and a dance. Probably worth 7K more than I bought it for after having put 24k miles on it in almost 2 years.
There guys are great but they have been wrong so many times itās ridiculous
They say one thing and change it the next week
I have 4 Toyota products…. I'm prepared to sit out the market for 4-5 years….
Can u guys stop making these videos until I sell my truck
Here in Vegas, used car dealers are still asking far over retail book for used cars. I'm really hoping for a crash that leaves these dealers holding the bag. I don't like wishing ill on people who have families to support, but these guys have been getting away with highway robbery for a year or more.
Prices won't go down for new cars, now that manufacturers realized people are willing to pay a lot above MSRP. They'll just keep things in low supply and make up the difference with the higher prices.
Looked at used Q7s. I wanted one from a dealer vs Carmax, Vroom, etc. as I don't trust the 3rd party warranties vs. audi pure protection. Found one I thought was slightly overpriced, but I got a 6k trade-in equity for my current lease. So I feel like even though I slightly overpaid for it, I also was very overpaid for the lease trade in.
yup I been saying this for at least a year. there are going to be millions owing billions on vehicles that will be nearly worthless once this chip shortage gets straightened out.
You are mistakin…they are keeping the new cars at holding and intake lots…i personally work next to the one for MD and its packed with more new vehicles than i have ever seen….
car market is bloated. and buyers are staying away.. there is a car sales apocalypses for new and used cars that will last a decade. So, time IS on the consumer side.. if you do not need a car.. stay HOME.
I'm looking to buy a 2023 RAV 4 Prime. I am hearing that the RAV 4 Prime will be loosing the tax rebate in 2023. Does anyone have any comment or thought on this?
6-8 weeks nope….. Maybe another year or more
Is this a good time to trade in a 2019 for a new car?
Would love to get a Toyota Venza but thankful my 2004 Solara is purring smoothly and Iām in no rush to pay these crazy prices!
Never thought I would look into buying a warranty for my used vehicle