Automobile Market Information, New Automobile Gross sales, Used Automobile Costs do not matter a lot when spending cash on a automobile threatens your monetary …
source
Automobile Market Information, New Automobile Gross sales, Used Automobile Costs do not matter a lot when spending cash on a automobile threatens your monetary …
source
Copyright © 2022 Car Fix Guru.
Car Fix Guru is not responsible for the content of external sites.
Copyright © 2022 Car Fix Guru.
Car Fix Guru is not responsible for the content of external sites.
Biden is the biggest threat to our Economy
Damn that's unfortunate for me im on the verge of needing a new vehicle unfortunately 😕. I guess I got to keep this thing till the wheels fall off literally. Here's hoping it doesn't last more then a year or so.
Good video 👍 thank you. Yes the economy is crashing. I hope people learn from your video.
Looking at the contrived shortages of food fuel utilities, plus the result of printing money like crazy, there's no surprise about inflation and the current recession that's going to get worse. That's not even getting into insane "lockdowns" that basically kill an economy.
Totally agree that the last thing I'll be doing is chatting with my friendly neighborhood dealership.
Americans are typically stupid about depending on the government to solve simple life problems.
Thank you for all your videos. Right now it's late July 2022. Where are you at in terms of negotiating a used car price at a dealership? I'm looking at a Subaru Forester (taking it to a mechanic on in two days). Dealer is asking $9,000. The "good" KBB trade-in value is $4,060. I didn't do the instant cash offer because they wanted photos. If I'm not mistaken, in an earlier video you would have recommended offering $1k over that, so maybe $5,200. But in your recent video you recommended 10% off list price, which would be $8,100. That's quite a variance. Do you feel like pricing has softened a little since April?
To put it in simple terms, the value of all dollars in circulation is tied to the overal output of the country. If the amount of money in circulation goes up, and output remains the same, each dollar is worth a smaller percentage of the same pie. Yes, fiscal policy (primarily) caused the inflation we're experiencing, but turning to politics for a moment, many people blame the current ecomic situation on the current occupant of the White House when the previous administration spent trillions on stimulus and lowered interest rates to zero.
super greedy corporations… if inflation was truly rising, and companies raised prices accordingly, they would NOT be posting record setting profits. Oil giants are about to release insanely record profits this quarter.. If it was truly inflation their profit margins wouldn't be where they are. Businesses who haven't jacked prices are reporting flat or lower than expected profits…. The economy re-opened at the same time, before the supply chain was corrected. Big businesses have bought back stock in the trillions, raised prices, gave the ceos and top managers massive raises, and then turned and blamed everything on inflation.. the price per barrel when it was $125 per barrel then it should have been $3.50 a gallon max, but gas companies kept rising the price until the blood bath hit, higher gas prices equates to higher consumer goods, this is not brain surgery
Well done, folks. Its tough to wade through our current economic situation without getting political, but you guys threaded that needle. Milton Freedman is a genius- nice touch!
jay leno is still buying cars all the time… 😎
Theres a difference between inflation and rising prices as a result of supply shortages as a result of the unprecedented COVID epidemic. Also Friedman is Sexist OOF xD
Already got a car loan I win lmao 🤣, an Dave ramsey is a prick, DO NOT follow his advice probably the worst now.
I legitimately think this is a seesaw from our massive growth during the last 3-4 years BEFORE the Pandemic. We had a crazy amount of growth with record setting progress. Then, a Pandemic unexpectedly acted as a short crash that stopped the growth cold. The crash acted as a small artificial recession which allowed the large crash to be held off a year or two. This is how markets work! Every large increase has a crash. It has NOTHING to do with the occupant of the white house and their government spending. You get OUT of a recession from public spending IT MEANS PRIVATE SPENDING DOESNT HAVE TO HAPPEN. It has NOTHING to do with consumer spending! People will pay what the market offers and if not it will change.
It's the ebb and flow of how things work folks. It isn't spooky or scary or unpredictable. Prices cannot stay high forever unless artificially held at that level and even THAT is hard to do! Ask the Diamond conglomerates once lab diamonds started getting made.
hmm, what if your lease is ending in less than 30 days? Got to have a car, choices are, lease again and the pickings are low, or buy my own used car with under 23,000 mi in great condition and i know how it's been driven and maintained? But…I will need to finance about 2/3 of the payoff. As you know the general used car market is terrible out there too. Seems a bird in the hand may be the best of 2 evils? Any feedback is welcome:). LOL The sooner the better!
Solutions for the United States:
Feed the homeless to the hungry ( Soylent green)
Nuke China, it will reduce our national debt by 50%
Lesson over…..
Milton Friedman, the basis of conservative republican economic theory. Him and Hayek. Both smart. I get it. Gas has gone up because of the Gov't. Right. Food prices has gone up, not because of lack of wheat from the third largest wheat producer on earth, but because of the Gov't. Right. Got it. Guess Supply and Demand doesn't apply here. Got it.
LET'S VOTE REPUBLICAN COME NOVEMBER & IN 2024!!!
If you're in desperate need, buy a car from Craigslist from a private party only. You will avoid the dealer middleman costs. NEVER NEVER NEVER use a dealer when buying (or selling) a used car. They add nothing except extra costs to the deal.
I'm a quality auditor that stamps truck bumpers for ford gm and chrysler. Been there 6 yrs in November and I can say that the quality has gone down quite a bit with each year. With truck prices so high you would think quality would be #1. If they can make a $1 it gets shipped.
I just bought a car as a family friend had a parent die and they sold the car for the remaining loan balance. Paid cash.
Super advice. Nice job!
So all that free money should not have affected our economy?
Good advice.
Sin.
When I am president I Will simply ask the Treasury department programmers to start the computers over at zero. National debt? ZERO! Public debt? ELIMINATED! Problem solved!! Whaddya say people? Do I get yer vote?
Graft and Corruption
Spot on. We are heading to a recession if not a depression (oh no I said it). I was looking at purchasing a new Kia Soul (commuter car) so I can let my Jeep Gladiator stay in the garage and be available for dirt bike outings and kayaking etc. However, my brother who is a brokerage manager on Wall Sreet advised me to quit spending and shore up all funds immediately. (Including vacations this a summer and prepaying our ski holidays this Fall/winter (Silver Mountain and Alta vacations). Thank you Kevin and Elizabeth for substantiating the NOW obvious. Thank you for your insight and honest videos. You two are good eggs!!
You are highly skilled in explaining complex concepts in such a way that most can easily understand. Brilliant work.
Theory and practice. USA == 100%Capitalism. They need money, they print money. 2015 Stay out of the real estate market, 2022 still out of the real estate market. House prices SKY ROCKET for years.
I understand what you're preaching but if people stop spending that will escalate that recession
Great advice, concerning Dave Ramsey!
Does Elizabeth wear a black snuggie? But seriously the channel is awesome. Thanks.