Avoid These 9 Cars People Overpaid For Last Year!

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ExoticCar PlayPlace

ExoticCar PlayPlace

Күн бұрын

These cars are overpriced and not worth the money that people are spending on them. That's because people overpaid for these cars in 2023, and it looks like the trend will continue in 2024. You need to watch out, or at least this is my opinion!
We're going to show you 9 cars to avoid in 2024 because they are overpriced. We'll show you cars from great makers like Lexus, Mercedes, Cadillac, Porsche,
00:00 - Avoid These Cars in 2024
0:20 - A Lexus to Avoid
2:32 - Our First Cadillac
2:52 - A Tip To Get Better Prices
3:30 - Porsche Number 1
5:06 - The First Genesis To Avoid Overpaying For
6:28 - Cadillac Number 2
6:50 - Our 2nd Tip to Avoid Big Price Tags
7:24 - Porsche Number Two
8:53 - A Benz SUV
10:14 - Tip Number 3 To Keep It Cheap
10:47 - Go Jeep A Different Way
12:10 - Tip 4 To Stop Overpaying
12:34 - The Final Car
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Пікірлер: 336
@greathey1234
@greathey1234 5 ай бұрын
You can't blame dealers for overpricing when they have idiots for customers
@RAS4915
@RAS4915 5 ай бұрын
True
@themorningstar8675
@themorningstar8675 5 ай бұрын
Yeah. Some people have entirely too much "fck it" money.
@readheath3860
@readheath3860 5 ай бұрын
True, no ones hands were forced to sign the paperwork.
@joventopinio8076
@joventopinio8076 5 ай бұрын
True, I just bought my MB two weeks ago with 7% off MSRP
@vincentb5119
@vincentb5119 5 ай бұрын
What I love about this channel is the way he describes each car's qualities before the advice to go for it or not.❤
@markkrispin6944
@markkrispin6944 5 ай бұрын
I paid only $20,600.00 off the lot for my new Toyota Corolla Hybrid LE with 11 miles on it. Can't imagine paying $60,000 for a new car. I rather put $60,000 down on a second investment home.
@MR_stone69
@MR_stone69 5 ай бұрын
Fr 💀
@trustyoungpierre9959
@trustyoungpierre9959 5 ай бұрын
That’s the smartest thing to do. $60k investment of passive income 🫡
@Kunfucious577
@Kunfucious577 5 ай бұрын
How much are houses in your area? 60k isn’t even close for us.
@user-pd8bk4ei1h
@user-pd8bk4ei1h 5 ай бұрын
That car 2023 or 2024 is $29,000 cnd how did you get it so cheap? Unless your talking us$
@vicken74
@vicken74 5 ай бұрын
Great channel!!
@trevorsutherland5263
@trevorsutherland5263 5 ай бұрын
Taycan's have depreciation rates that can only be described as "Apocalyptic". You could use $100 bills as kindling for an entire summer of BBQs and still come nowhere near losing as much money as if you bought a Taycan.
@tpolerex7282
@tpolerex7282 5 ай бұрын
Yeah, their wholesale price after just 12 months is a whole 50% off their MSRP, much less any ADM a fool might have been taken for.
@emanueldavid7174
@emanueldavid7174 5 ай бұрын
I’ve owned Hondas for 20 years I get 300,000 miles with just regular maintenance, nothing ever breaks.
@johnsambo9379
@johnsambo9379 5 ай бұрын
My Honda Civic was a lemon from the beginning. Air conditioning went out after two years. The infotainment screen constantly blinked tell I sold the car four years later. Honda's suck.
@JasPlun
@JasPlun 5 ай бұрын
Imagine paying over for a super un-reliable vehicle a Jeep. Money that could have been spent on a 4runner or new Landcruiser that is super reliable and has high resale value.
@highbrass7563
@highbrass7563 5 ай бұрын
That's me
@maga6319
@maga6319 5 ай бұрын
Toyota just got their first recall in 2024. Not reliable at all.
@JasPlun
@JasPlun 5 ай бұрын
Not ever even close to as many recalls as Ford or Chrysler junk!@@maga6319
@superblump87
@superblump87 5 ай бұрын
​​@@maga6319on the 4Runner and Landcruiser?
@halestrum77
@halestrum77 5 ай бұрын
An AIRBAG related recall which all the manufacturers had various levels of over the past few years. Acting like this is a condemnation of the actual guts of the Toyota (engine, trans) is very misleading
@stevennevins6643
@stevennevins6643 5 ай бұрын
Test drove an RX 350 yesterday morning. Didn’t like the turbo-4 at all. Lexus dealer here in Dallas is gouging customers. Stopped into Goodson Acura yesterday PM, went home with a new MDX Advance. The Acura’s engine is so much more refined. In addition, the dealer discounted the MDX $4500 from MSRP.
@johnbochicchio2806
@johnbochicchio2806 5 ай бұрын
You hit on so many economic principles in your video. Some buyers are not driven by price because they have more resources. Others are driven by price because they have limited resources. The buyers with limited resources that aren’t driven by price need to listen to what you’re saying. Thanks for the great video!
@ECPP
@ECPP 5 ай бұрын
You are very welcome. Thanks for watching
@GuitarsAndSynths
@GuitarsAndSynths 5 ай бұрын
Lexus ruined their cars by ditching their best engine the V6 in favor of an anemic 4 cyclinder turbo engine. A total dick move to appease the climate change crowd.
@artboy789
@artboy789 5 ай бұрын
Just buy a used older one with the six cylinder engine. I personally wouldn’t buy a Lexus because they all take premium gasoline. I hate paying extra for gasoline and premium is a huge rip off
@robertblaney5033
@robertblaney5033 5 ай бұрын
@@artboy789 The new turbo 4 on the rx350 takes premium fuel but up to 2022, the v6 runs on regular gas
@racheli2598
@racheli2598 5 ай бұрын
Almost just bought a genesis GV80. Drives amazing and the interior is insane. Local dealer here in the states is offering it at invoice now plus manufacturer rebates.
@normangebhardt2092
@normangebhardt2092 5 ай бұрын
Thanks for this great facts and tips video. Used to order cars from the factory through dealer and saved money. Cant think why we stopped doiing that. Great tip.
@LukeWarmwater-yb5lx
@LukeWarmwater-yb5lx 5 ай бұрын
Glad your back, very clear, informative and entertaining.
@halestrum77
@halestrum77 5 ай бұрын
Interesting findings and lots of great advice as usual. Thanks Mark
@ECPP
@ECPP 5 ай бұрын
Thank you
@tampa4204
@tampa4204 5 ай бұрын
I had a G80. You get great bang for your buck with Genesis but it’s still a Hyundai. Reliability issues forced me to trade the car and you’re still sitting at a Hyundai dealership and it’s like Walmart compared to other dealerships that are like upscale stores. The service departments are overwhelmed because if they didn’t inflate the warranties they wouldn’t sell any cars.
@DBone539
@DBone539 5 ай бұрын
I have a G90 and every time I get service I feel like I’m in detention and as if I bought steak at McDonald’s.
@tampa4204
@tampa4204 5 ай бұрын
😂 That’s exactly how it is!
@waynejohn8
@waynejohn8 5 ай бұрын
Great video, Mark. Enjoyed it very much. People are crazy! and want it NOW!!! Thanks again.
@rikkilstarr2474
@rikkilstarr2474 5 ай бұрын
Great video and info… you’re always on point..
@raphaelfrancis4509
@raphaelfrancis4509 5 ай бұрын
Happy New Year! I hope all is well with you. More cars!! I would like to see you test drive a few this year.
@GuitarsAndSynths
@GuitarsAndSynths 5 ай бұрын
I like the Porsche Cayenne S/Turbo and BMW X5 M50i SUV but will wait and buy used as these depreciate like crazy! New over 100k, used 50k.
@jahudini
@jahudini 5 ай бұрын
Question is will there be enough left in the charge when you buy?
@xvsj5833
@xvsj5833 5 ай бұрын
Nice update Mark 👍🏻🇨🇦 those porchy’s 🇩🇪 are tight!! Thxs ❤️✌🏻👏🏻
@Charlysfarm420
@Charlysfarm420 5 ай бұрын
Great content as always... luv the way you break it down into layman's terms, helping save us time/money doing the research. Best to you and yours M...✌️💚
@ECPP
@ECPP 5 ай бұрын
Happy to help!
@mmone1178
@mmone1178 5 ай бұрын
Thanks for sharing
@speroconits6901
@speroconits6901 5 ай бұрын
Great advice!
@mserica6487
@mserica6487 5 ай бұрын
An interesting point here I think is that it's even more when you consider the higher interest rates.
@emiliog.4432
@emiliog.4432 5 ай бұрын
The man is back!👍
@Mark-et8vh
@Mark-et8vh 5 ай бұрын
Thank you for sticking around. I really enjoy your channel and the way you present things. Please don’t change a thing. At some point, if you could do a “used trucks and suv’s under $15k to avoid” that would be great. I’m recovering from cancer and like many people, am shopping for a used vehicle under $15k. Because of where I live (Hilltowns in Western Massachusetts) I need a reliable 4x4 to get to appointments and can’t afford new. Thanks and thanks for sticking around.
@mohammadal-abbasi7247
@mohammadal-abbasi7247 5 ай бұрын
Great video Thanks
@ECPP
@ECPP 5 ай бұрын
Cheers
@alansoler2653
@alansoler2653 5 ай бұрын
Bro you always give great advice!!
@maga6319
@maga6319 5 ай бұрын
What great advice did he gave you? He barely spew nothing but his own personal opinions which is highly false.
@simongilbert2704
@simongilbert2704 5 ай бұрын
glad to see your back and even more keen ;;;
@ECPP
@ECPP 5 ай бұрын
Thank you. Onward and upward
@shitsugane
@shitsugane 5 ай бұрын
Really good. I bought a 2nd hand e400 w213 Mercedes using your videos to be careful and got a really good one 68K miles $19,000 - and it's excellent. I knew what to look for watching you - so very grateful
@ECPP
@ECPP 5 ай бұрын
Thanks for sharing. Yes a person should just know what the ins and outs of a oarticulat vehicle are so you know what to expect
@ROB-12013
@ROB-12013 5 ай бұрын
GR8 topic and interesting video! Couldn't find the link for a new mattress though...
@kenfldude
@kenfldude 5 ай бұрын
lol, that’s gonna leave a mark. Another great vid, thanks.
@lakeseminole
@lakeseminole 5 ай бұрын
I've not seen you discuss the GENESIS G70 for an example. Great fit and finish, excellent power and drive feeling. Outstanding 5 yr warranty, 3 yr maintenance and valet service. The car has every imaginable safety feature and tons of technology. Great driving machine.
@MAZDA-ee7gx
@MAZDA-ee7gx 5 ай бұрын
Hi..AWESOME & AMAZING car channel in my heart❤..keep going for MORE videos..i will SUPPORT this channel..bye-bye👍👏
@carlosprofitt3553
@carlosprofitt3553 5 ай бұрын
Thanks!
@ECPP
@ECPP 5 ай бұрын
Thank you!
@UnstoppableMileage
@UnstoppableMileage 5 ай бұрын
So the goodbye was just for 2023 ? Lol
@ECPP
@ECPP 5 ай бұрын
No all the support for the channel I dropped a line on my community page mentioning my thanks and the passion as well will keep me around, as long as the viewers will have me. Hope your week is going well so far.
@your_royal_highness
@your_royal_highness 5 ай бұрын
I got about $9k off MSRP FOR my SQ5 in November. I did massive markups last January (‘23) for an IS500, the monster Mercedes SUV (cannot think of the model but it looked like a “small” semi truck). Porsche GT3’s were at least $100,000 OVER sticker
@unclerudy9797
@unclerudy9797 5 ай бұрын
Gotta LOVE an SQ5 . I started with Audi in 1989 ans retired 5 years ago.... Drove and sold some amazing cars from Audi.... Time for me to get another...
@IlovemyGOD3
@IlovemyGOD3 5 ай бұрын
Nice to see you again
@ECPP
@ECPP 5 ай бұрын
Hey, thanks
@nomondedondolo4578
@nomondedondolo4578 5 ай бұрын
still shocked with Lexus prices in south Africa Rx is starting price is 1million in Rands and things are not promising with 2 to 6 months waiting period amazing video by the way
@Vinstar9
@Vinstar9 5 ай бұрын
Happy to know you didn't call it quits.
@The_Saxon_of_Riverstone
@The_Saxon_of_Riverstone 5 ай бұрын
These are all beautiful vehicles. I will never buy new again… but people were crazy even buying used. If your going buy something used get a car that you like and all cars will cost to fix them eventually but be smart. This channel is great!
@christos881
@christos881 5 ай бұрын
Love the rusty door hinges on the Jeep
@charlespeterson3877
@charlespeterson3877 5 ай бұрын
Just beneath the article title is the number of views and it also says 11 days ago. If this refers to the day you posted it, let's just say that it's nice to still have you doing reviews 🎉! Thanks for not closing the show😊Have a great year!
@jahudini
@jahudini 5 ай бұрын
Let me get in my recliner and enjoy this. I agree it pays to wait for delivery from the manufacturer than pay over sticker.
@MAZDA-ee7gx
@MAZDA-ee7gx 5 ай бұрын
GOOD JOB and AMAZING channel..bye-bye👍👏👍👏👍
@ECPP
@ECPP 5 ай бұрын
Haha, good morning, thanks for watching
@rememberstayangry2366
@rememberstayangry2366 5 ай бұрын
Basically if you want a new car just do a factory order.
@danpanderson
@danpanderson 5 ай бұрын
I like the cowcatcher on the front end… handy if you’re off-roading on abandoned railroads!
@SavetheWater1
@SavetheWater1 5 ай бұрын
top of my list 6 months ago was the Lexus H and then also the GV80. I can afford whatever I want, but wasn't going to pay those prices. Ended up with a Accord H Touring and it's an awesome vehicle; have no regrets
@azmike3572
@azmike3572 5 ай бұрын
Wondering if any dealers will actually agree to remove the nitrogen in the tires, the paint protection film, etc., (and lower the price) if they're already on the car. They might respond, "This is the way we're selling it, and at this price--take it or leave it."
@youtubecarspottersguide1
@youtubecarspottersguide1 5 ай бұрын
all that stuff 100% marked up over cost ,tell the dealer its on your trade in so you can addd it to the trade in price ,same with the dealer doc fees Florida $995 98% profit or other things that the dealer adds on every new car and sometimes used cars
@GuitarsAndSynths
@GuitarsAndSynths 5 ай бұрын
many that I dealt with refused to budge on this add on nonsense and so I walked out of many dealerships. Just buy used, save and avoid the BS from stealerships!
@TwoHawksHunting
@TwoHawksHunting 5 ай бұрын
All those dealership add-ons are pure profit for the dealership. Don't fall for it. 13:55
@FrankGallagherr
@FrankGallagherr 5 ай бұрын
How stupid are Americans to buy a car or a house or both with Biden as president
@Kunfucious577
@Kunfucious577 5 ай бұрын
That lexus looks really nice. Never even seen it before.
@mefadon459
@mefadon459 5 ай бұрын
The Genesis line up is the best one. I’m just saying that it’s your thumbnail pic. The whole line up is fire and imo the best style,luxury and sporty trio of all brands rn.
@julioirizarry4262
@julioirizarry4262 5 ай бұрын
Awesome descriptions! Wondering if you still have your 911/996?
@ECPP
@ECPP 5 ай бұрын
Yes I do! Still loving it and drive it this week before this blast of snow we just got
@julioirizarry4262
@julioirizarry4262 5 ай бұрын
@@ECPP excellent! I do also have a 99/996 and is a lot of fun!
@AndyofCT
@AndyofCT 5 ай бұрын
I am so tempted to get a Buick Envista as a daily, then scoop a cheap 996 coupe for the weekends and just avoid these really prime SUVs.
@deeksdotum9334
@deeksdotum9334 5 ай бұрын
New to this channel.... I would like to think that I do my research. But sometimes I cannot find more than one source for pricing. Besides KBB what is another website that you would suggest? I want to monitor pricing trends on vehicles that I am interested in. Varying websites have the "good deal or bad deal" meter. Is this meter there for the consumer? Or is it there for the dealership? I am cynical! I want to compare MSRP vs today. Has the price increased or decreased. For example, the Bentley Bentayga has plummeted in price from original purchase.
@RPicard1963
@RPicard1963 5 ай бұрын
Wow! Still not much snow in Edmonton.
@richieeemosley1178
@richieeemosley1178 5 ай бұрын
Imagine you just paid 70 k for a Hyundai 🤦🏾‍♂️
@1uncledo
@1uncledo 5 ай бұрын
I am assuming you are referring to the Genesis right? If so , then that is not hard to imagine. The Genesis GV70 3.5 TT with the Sports Package and the Sports Prestige Pacakge will run you about 70K.
@moe1992
@moe1992 5 ай бұрын
We're did you get your information about lexus rx h they are available at every lexus dealership matter-of-fact my neighbor just bought one they had like 20 brand new ones in inventory for sale
@emmo2850
@emmo2850 5 ай бұрын
Awesome. Thank you for highlighting this. To just confirm , the correct pronunciation is ZED for Z, and not ZEE. The states have many words that are totally incorrect. Majority of the world know the English language derivatives are from Latin. Spelling they use for certain words are incorrect too. But we don’t mind, just letting you know, you’re correct. It’s ZED!
@drunvert
@drunvert 5 ай бұрын
There's no such thing as incorrect language.
@John-nk1be
@John-nk1be 5 ай бұрын
ohh I didn't know that you could pre-order and get the vehicle for the actual MSRP. Will this be also true if I order via the company's website?
@salahcoucou1509
@salahcoucou1509 5 ай бұрын
Big love from Algeria 🇩🇿 and keep up
@k.j.3835
@k.j.3835 5 ай бұрын
I bought a 24 Lexus RX 350 (non-hybrid) the sticker price was 59.8K but it’s not the entry level train it’s the premium + which was the correct price. I got it for 60K out the door the dealership knocked off a few thousand so it was like paying no taxes or fees. I was driving a 4 cylinder Toyota before I purchased it so I’m fine with the 4 cylinder. Gas is pretty great.
@vultureguy33
@vultureguy33 5 ай бұрын
Regarding opting out of the "extras", the dealerships often dont allow that option. It's part and parcel of their markups.
@yankeesusa1
@yankeesusa1 5 ай бұрын
Then you don't shop there
@9Achaemenid
@9Achaemenid 5 ай бұрын
seems people in Canada are rich overpaying everything here . How the majority office workers can afford 60k car plus mortgage and kids? need at least 11k$$ monthly to have all that😮
@Ricardo-xy3lj
@Ricardo-xy3lj 5 ай бұрын
Car market is going down very soon , Just wait and see
@simonjunior7404
@simonjunior7404 5 ай бұрын
Please do a video about Ford Edge
@midiman5045
@midiman5045 14 күн бұрын
Yes the Old tried and true RX 350 V6 is the way to go. I drove a new RX350 and that 4 cylinder Turbo had get up and go but merging on a highway it was straining. You really could feel it was under powered.
@efavuzza73
@efavuzza73 5 ай бұрын
Great review but is the in US dollar or Canadian dollar
@cliffm8112
@cliffm8112 5 ай бұрын
Canadian $$
@g3johnston
@g3johnston 5 ай бұрын
The issue is magnified by the reality most (not all) of the vehicles on this list will likely never be collectibles. Most may be nice but will be very mass produced when you account for the supply chain coming back now for the same body styles/generation. Negative equity is probably on never before seen levels.
@tomdiep3750
@tomdiep3750 5 ай бұрын
So what the best price for 2022 Lexus RX 350 F sports with hud what the msrp
@Vincent-ke5zn
@Vincent-ke5zn 5 ай бұрын
Salesmen would hate me cause I won't pay over MSRP for any vehicle
@IMSColoradoSprings
@IMSColoradoSprings 5 ай бұрын
Interesting. Our Toyota dealer was always at MSRP for 2020/2021/2022/2023. It takes about 45 days or less to get what you want or it will be on the lot.
@UnstoppableMileage
@UnstoppableMileage 5 ай бұрын
Also I just bought a 24 GR Corolla Premium. A 3 Cylinder big turbo AWD Hot Hatch. And my 2020 Rav4 Hybrid Reached 450,000 Miles last week
@highbrass7563
@highbrass7563 5 ай бұрын
Wow and wild
@UnstoppableMileage
@UnstoppableMileage 5 ай бұрын
@@highbrass7563 Yes. I post it on Reddit each month if you get the chance to check it out
@brianmclean7576
@brianmclean7576 5 ай бұрын
What are u living in your car ? 450,000 for 2020 car ?
@spardasquadspqr3535
@spardasquadspqr3535 5 ай бұрын
I cant believe that story when u stated that u did 450k in 2020 rav.... There are people driving sprinters around the murica and they sell theirs after 4 years with 200-250k miles. Even truck drivers that drive non stop would do 150k per year
@UnstoppableMileage
@UnstoppableMileage 5 ай бұрын
@@spardasquadspqr3535 I just said I posted it on Reddit on the Rav4 Page and Toyota Page. It's also on Facebook
@hillbillyflipper3843
@hillbillyflipper3843 5 ай бұрын
I bet the dealerships do not give the salesperson the full commission on these that sell for way over MSPR. Wooaaa Mark! Yes I needed and still need all that turbo V6 Porsche Macan power!! Lolol I bought mine CPO. New is almost alway a waste of money in depreciation.
@jonboz7585
@jonboz7585 5 ай бұрын
Personally, I keep my cars (Honda or Toyota SUVs) for at least 10 yrs or 100,000+ miles and only buy new cars in the Fall. In fact, it’s time go and order one soon! Thanks for all of your recommendation on this channel! Happy New Year!!
@vincecarlo
@vincecarlo 5 ай бұрын
GREAT Advice PORSCHE is WAY WAY OVER PRICED PORSCHE Reliability Ain't that GREAT As well
@arunpaul4600
@arunpaul4600 5 ай бұрын
Range Rover buyers also paid extra 20% of the total cost on the way to home from dealership, they just stopped at the mechanic.
@ECPP
@ECPP 5 ай бұрын
Haha, ouch
@carlshannon3040
@carlshannon3040 5 ай бұрын
This video should be titled: TOP 9 CARS PEOPLE DIDN'T WANT THE BASE MODEL AND OPTIONED UP (or overpaid for tons of options) It needs to be stated that this information MSRP vs Price paid is misleading. MSRPs provided by the content creator are the entry level "BASE" MSRPs for each of these vehicles shown: RX350 base/FWD = $49k - optioned up to Luxury Package = $63k CT5 base = $44k - optioned up to Premium AWD 3.0 = $60k Macan base = $61k - vs GTS Sport+ = $90k GV80 entry = $58k - optioned up to V6 Signature = $80k CT4-V (not certain if that's the vehicle shown) but is ~$47k base and blackwing ~$65k Taycan modesl vary wildly from $90k (base sedan) to $105k (Cross) to $150k (cross-sport) GLB250 base = $40k (no options) - NOTE: option a-la-carte for the GLB it easily hits $56k Wrangler Sport = $36k the only jeep to be less than $40k - optioned up and Rubicon goes for +$52k GV70 2.5AWD Base = 44k - 3.5AWD Prestige = $69k Comparing all the cars sold in 2023 vs the lowest trim MSRP is misleading. Most of what this video is showing is that these cars have a large spectrum in price above the entry level "base" MSRP. Notice how all these vehicles (spare the jeep) are luxury models?
@davidr.flores2043
@davidr.flores2043 5 ай бұрын
Excellent video!! Thank you, and please ignore the bullies and all those offensve people that talk only because they have a mouth, I like your chanel and value your opinions. Cheers
@bruschmidt9943
@bruschmidt9943 5 ай бұрын
My only qualm with the Genesis GV80 is the rear wiper parked on the glass. Any vehicle in this Class Segment should have it built into the upper spoiler as Cadillac's been doing since 2023. Genesis (& Toyota-Lexus, BMW & Mercedes) need to up their game.
@davidholmes1771
@davidholmes1771 5 ай бұрын
2020- 2023/ Overpay and get Played. 2024/Overpay or Walk AWAY. Don't be afraid to walk away folks. Preach on, Mark.
@rh7163
@rh7163 5 ай бұрын
Good suggestion, avoid buying half a car or a station wagon with the ass end chopped off in order to provide more profits at three times the price.
@frozencarguy6274
@frozencarguy6274 5 ай бұрын
New Lexus also has a CVT transmission, I believe.
@seven1productions819
@seven1productions819 5 ай бұрын
What no challengers or chargers on your list?
@youtubecarspottersguide1
@youtubecarspottersguide1 5 ай бұрын
Dodge challenger demon 170's $100,000 -$150,000 over sticker
@ROB-12013
@ROB-12013 5 ай бұрын
Yeah but only the wide bodies ... kidding lol
@AvengerAngel
@AvengerAngel 5 ай бұрын
All those people with vehicles values underwater, unable to afford their monthly payments, coupled with banks and lending institutions tightening lending eligibility, and dealer greed and appetite to shaft the customer is still loaming. The US stimulus checks a few years ago triggered people to buy cars they could not afford and now with tax refund season in the US, more stupid financial decisions to come. Interest rates? How many people actually think about that during a purchase? Car buying is often an impulsive, emotional, instant gratification-based process with a bleak future.
@Werewolfmage
@Werewolfmage 5 ай бұрын
haha roach infested matress! love it
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments 5 ай бұрын
You've only overpaid if your resale or trade in value is in the dumps. I paid several thousand under sticker just one year ago for my Mazda. Which was a good deal at the time. I have been getting trade in offers of 30% under what I paid with not that many miles on it. And people are still overpaying relative to the resale value. In my opinion the only way to end this is to have lenders appraise the vehicle before approving a loan. Just like with real estate. If you try to get a home loan on a $500k house and the house only appraises for $400k, you have to cough up the rest of the money out of pocket.
@jimrusch22
@jimrusch22 5 ай бұрын
I wish Lexus would drop the origami styling. I would have bought an RX350 but I just couldn’t come to terms with the looks.
@everettsager4654
@everettsager4654 5 ай бұрын
So I see you have decided to keep making videos.
@michaelqu
@michaelqu 5 ай бұрын
People were paying well above MSRP for Teslas and other EVs when they're trendy like fidget spinners, now they're worth garbage. Dealers don't want EVs, they couldn't sell them despite huge discounts now
@rh7163
@rh7163 5 ай бұрын
You really can buy a great used car and live with it without being robbed by a Car Dealer with all of their schemes that add to their retirement plans.
@justaviewer111
@justaviewer111 5 ай бұрын
A great many people who purchased during the 2020-2022 auto craziness are going to be severely upside down for a long, LONG time and I feel bad for them but to do that on a Kia (Hyundai, Genesis, all the same garbage) ... ?? Talk about regrets!
@jasonguiliano2638
@jasonguiliano2638 5 ай бұрын
The people who can afford to buy these cars don't have to worry about loan terms.
@joeoconnor7366
@joeoconnor7366 5 ай бұрын
My Lexus dealer has 50 350rx hybrids sitting in NJ
@ssr1680
@ssr1680 5 ай бұрын
The only thing I paid for was wheel locks and wheel and tire insurance
@ECPP
@ECPP 5 ай бұрын
Cheers
@seikocitizenwatches
@seikocitizenwatches 5 ай бұрын
I’d rather wait and get what I want sometimes less expensive than used.
@banzai385
@banzai385 5 ай бұрын
The profit when buying luxury cars or houses comes from upgrades and extras !
@hitman6191
@hitman6191 5 ай бұрын
Here in the states they will still mark it up , even when you order it
@rikkilstarr2474
@rikkilstarr2474 5 ай бұрын
Went to carmax today on my lunch hour and couldn’t get a good deal with a 782 score low dti good credit mix carmax interest was higher than a rocket
@dlj1285
@dlj1285 5 ай бұрын
Are you talking about the CND market or US? In Canada they can’t charge over MSRP directly. It’s the law.
@Mash333
@Mash333 5 ай бұрын
“Absolute gorgeous package…”. Pans to a lame mauve suv derp-mobile
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