DEALERS DUMPING CARS! EVERYONE IS GOING BROKE!

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2 ай бұрын

DEALERS DUMPING CARS! EVERYONE IS GOING BROKE!
In this video you will get to see what car dealers are actually paying for their cars and trucks at auction!
My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.
Thanks for watching and please feel free to leave any comments you may have in the section below!
And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!
*None of this is meant to be construed as financial advice, it's for entertainment purposes only.
#UsedCarMarket #CarPrices #carmarket #usedcarprices

Пікірлер: 863

@AnimationByDylan Ай бұрын

When a Malibu with 200k miles goes for $18k you know the market is broken.

@princeben7544 2 ай бұрын

Lots of these vehicles are NOT even worth the auction prices 😂

@grumpyoldman64 2 ай бұрын

100% correct bro !

@SomeUserNameBlahBlah 2 ай бұрын

True, but there's no shortage of idiots who will buy.

@grumpyoldman64 2 ай бұрын

@@SomeUserNameBlahBlah ain't that the God's honest truth brother

@turbotheamericanstaffy Ай бұрын

They are ready for the wreckers. Only good for spare parts.

@Ridesaway24 Ай бұрын

There are some cars same year, miles, better condition selling for less than the SOLD auction prices. How long can the market sustain?

@angelofdeath5777 2 ай бұрын

Nobody is buying a 200000+ mile truck for 40000 no matter what year model

@robsdeviceunknown 2 ай бұрын

I definitely WOULD buy a truck that new with that high miles, knowing they were all highway miles, but I agree, not 40K, 25K probably, maybe 30 depending on the package.

@davids.9834 2 ай бұрын

You underestimates the amount of fools in the USA. Buy huge gas hogs..... complain about the price of gas. Buy double cab long beds........ complain about small parking spaces. Overpay for cars/trucks.... complain how biden did it. Just stupid.

@OnPointFirearms 2 ай бұрын

Yeah that's an insane price for 200k.

@genemounce8302 Ай бұрын

3 weeks ago CarMax paid me $10,500 for my 111k mile, '16 gmc reg. cab work truck with a 5.3. I paid $15,000 6yrs ago, used with 11k miles on it. Mobil 1 full syn. from day1, leveling kit and 2019 gmc 20" wheels/tires. Nothing special. I stashed the cash and am waiting this fiasco of a car market out for as long as possible before I buy something.

@TheLostSquadron Ай бұрын

@@robsdeviceunknownWith those miles, that thing was probably used for Hot Shotting. Highway miles aren't so appealing if it was towing a 4 car trailer the whole time.

@sadbi_bucio Ай бұрын

Blcktken300 gang in the house! Thanks for the analysis!

@rsdouglass4 2 ай бұрын

176k mile subaru is outside the $5k range? Yeah, the car market is still completely broken

@johnnymichael1804 Ай бұрын

I got a relative who just paid 10k for a 10 year old Outback with 140k miles. It's wild

@norfolknwhey4787 Ай бұрын

It’s because they last forever, just like Toyotas. It’s tough to find any decent used Subaru for less than $10k for that reason. 176k isn’t even half the life of that car.

@michaelwolfe1771 Ай бұрын

@@norfolknwhey4787 Depends on the model. 2.5 F4 NA self destruction is very real, and yes extended warranties are worth it.

@Irish_For_Life1842 Ай бұрын

@@michaelwolfe1771 The weird part is that you gamble either way. 1) Gamble you can save enough money to cover the cost of what repairs you have that still make sense to do. OR 2) Gamble that the cost you pay in premiums is less than what you would have had to pay to have COVERED expenses. 3) Of course then you would also have to considering the time value of money. 4) You would have to be a better actuary than the ones for the company that set the prices so the Insurer makes a lot of money. There are so many factors to be considered and these are a few. I was going to become an actuary but it is such a headache!

@Trd2020 Ай бұрын

The car market will never be back to normal. Get it through your head. This is the new normal. It’s been like that since Covid. Prices dropping slightly but will never go back to what they used to be

@scubaguy5389 2 ай бұрын

9 years old 75K miles for 20,500 wholesale. yep you can keep your trucks. ridiculous.

@LANsolo12 Ай бұрын

Sold my 2017 Silverado with 75k miles on it for $25k to a dealership😂😂. I only payed $34k for it brand new for wholesale price!!! Picked up a hybrid accord because putting gas in the truck was costing me $800 a month!! I’m $500 ahead a month even with a payment!!

@CheeseLayong 2 ай бұрын

202k miles on a 2021 F250 for $40k ?! Seller is dreaming

@rsdouglass4 2 ай бұрын

every car is the same story. Greedy dealers killed the market

@chancepaladin 2 ай бұрын

yeah whoever's selling at that price must be high. their business must have went bust or something.

@SoonerMikeD 2 ай бұрын

Yeah a gasser even. Insane.

@colemanhigley747 2 ай бұрын

Just curious but what would you guys give for it? I think they will get about $15-20k.

@mri3384 2 ай бұрын

Add - with no oil change in between

@musicloverstl 2 ай бұрын

whoever paid 20,500 for that silverado, deserves to go broke.. That truck inst even worth 15 K and he will need to mark it up AFTER spending money to clean it up.. We call that.. plum stupid.

@tmo4330 2 ай бұрын

I actually have one! I would sell mine for much less!

@wes192 Ай бұрын

Did anyone notice the damage to the drivers bedside under the tail light?

@nathanielpreble5108 2 ай бұрын

$20K for a pos GM half ton pickup truck with about 50K miles left before the transmission craps out! And that's what a dealer paid? No f cking wonder they can't sell trucks!

@kailua808 2 ай бұрын

lol i have nearly that exact same truck and can confirm its a piece of garbage. my ac is broken for the 4th time..... trans is G for now - been running the surecool thermostat bypass thing and it stays under 175 even under hard load. thanks for reminding me that I should swap the trans fluid again. show me a good truck these days that isnt a tundra 🤣

@kidamere2408 2 ай бұрын

@@kailua808 that 21 ford has 204k on it and was worked hard thats pretty good its not all doom and gloom

@jamesavakian4977 2 ай бұрын

@@kailua808 yeah its not as bad as those piece of shit Tundras Those are for dudes with sensitive vaginas

@mikehill3804 2 ай бұрын

You’re absolutely correct!

@scottysgarage4393 2 ай бұрын

@@kailua808 Toyota maintenance and repair costs are higher than GM. Failure rates over 100k miles are the same. There's a reason GMC resale is the same or better than Toyota. And unless you're moving a couple hundred used trucks a year...for the last 30 years...don't argue with me. You simply don't know what you're talking about.

@4dognight192 2 ай бұрын

I'm amazed buyers at auction are paying these prices for these dogs. I'll hang on to my money, thank you.

@stilleatn4969 2 ай бұрын

These dealers are trying to make CHICKEN SALAD out of CHICKEN SH!T.. Reality is starting to set in.. House of Pain..

@phillyfathead 2 ай бұрын

Love that saying, mind if I use it?

@stilleatn4969 Ай бұрын

@@phillyfathead Sure .. My Dad used to say it all the time..

@dancoe4489 2 ай бұрын

The golden goose has been screwed. The greed was to great. Instead of making a moderate amonut of money over time as you go along. They thought it was a great idea to jack those prices right up in a relatively short period of time. Now they have killed the market. I'm sure the greed looked good in the board rooms. Now they are paying for the pain they caused the buyers.

@tinkerstrade3553 2 ай бұрын

But the CEO, who had to have led the way, will get $5-10M to resign.

@dancoe4489 2 ай бұрын

@@tinkerstrade3553 absolutely

@saeedhossain6099 2 ай бұрын

Golden goose has been screwed, plucked, butchered roasted, eaten, pooped out and dealers are trying to reshape that mess into legs and convince some financially illiterate sucker to go into debt for it.

@UBeesh10 Ай бұрын

You have no idea what you're talking about.

@EfieldHfield_377 2 ай бұрын

Is it just me or the prices are not dropping. I mostly see over priced used cars. I know from my wife nephew first hand that new cars are not selling but the prices aren't moving.

@SilverSidedSquirrel 2 ай бұрын

They go up if anything

@greybone777 Ай бұрын

I paid 26000 for a 3 year old gmc in 2016 it still retails for over 20000. Go figure.

@justinfowler2857 Ай бұрын

Can confirm. New prices are dropping slightly, but no where near how much they went up. Used prices are staying steady.

@cherylw3661 Ай бұрын

Prices should be a lot lower. They want us in electric cars, so they are keeping gas car prices high. I can’t think of any other reason.

@EfieldHfield_377 Ай бұрын

@@cherylw3661 If that's the case shouldn't the price of EVs be low. Feature for feature EVs are more expensive than what they are trying to replace. New cars EVs and non-EV sales have slowed considerably. I know this. My wife's nephew use to make really good money in new car sales - his last pay check was $250 and he was shorted money dealer so low on money they playing tricks with his money. What they shorted him was still too low so he just gave up on asking. Sales people moving around from dealer to dealer thinking it better over there, but it is not, many looking to leave the car sales business. He's looking to leave. Like I see that, cars are not selling - what I don't see is why the prices are still so high. I'm seeing junk here at this used car auction sold for big dollars - it doesn't make any sense.

@BearPapa49 2 ай бұрын

Went car shopping today ! Used 2020 Honda civics are the same price as a new one . Went to two dealerships .

@SomeUserNameBlahBlah 2 ай бұрын

That can't be true, this channel informs us that prices are falling and dealers are hurting.

@1HeatWalk Ай бұрын

Stop shopping at stealerships.

@TheGuruStud Ай бұрын

bc they took those on trade and want you to buy a new one, b/c they gotta get rid of it

@NarwahlGaming Ай бұрын

2018 Ranger (95k miles) and 2021 Ranger (117k miles). $3,000 difference. Unbelievable!

@michaelmclovin5098 2 ай бұрын

Then let them go broke, they lived high on the hog during the Plandemic and made bank, at the end of the day, someone's gotta take the hair cut and I can't think of a more deserving bunch than car dealers.

@kenik2023 Ай бұрын

People still buying😂

@Userxxx840 Ай бұрын

You really think Covid is a hoax?

@TheGuruStud Ай бұрын

@user-iy9wk6vy7z They're sitting with millions in unsold cars on the lot that won't ever be sold. 45K x 100 vehicles = dead biz

@alinatamashevich3354 Ай бұрын

No, people are still financing them.

@captainamerica9353 Ай бұрын

"Plandemic" WTH do you mean? There were mass graves, hospital ships, millions of deaths, right? That's what CNN said.

@Laney_75 2 ай бұрын

$5k and under in this economy is tough. Appreciate your honesty & effort with these videos.

@ketoauntie7301 2 ай бұрын

His vehicles are high mileage.

@donc6781 Ай бұрын

@@ketoauntie7301 For vehicles under $5k they’re going to either be high mileage or old, maybe even old with high mileage lol

@user-ow9zt2tb9d Ай бұрын

You are so right

@tom4342 2 ай бұрын

Really haven't seen vehicles dropping all that much around here in Hampton roads Virginia they still want ridiculous amounts of money for stuff that's basically wore out and with high miles

@757BadNewz_VA 2 ай бұрын

Facts bruh, been car shopping for a few months now and the prices these dealerships want for this used bullshit is crazy. I'ma hold my paper for now, hopefully these numbers start coming down soon

@scottysgarage4393 2 ай бұрын

Only thing most of us can figure is this guy is either in a terribly depressed area...or an area where prices soared beyond the national spike before falling.

@SomeUserNameBlahBlah 2 ай бұрын

Funny how vehicle and house prices are "dropping", yet no one sees it in real life.

@stanleystart411 Ай бұрын

I’m in va beach and been looking for a used and it’s tough to find anything decent under 9999 plus 1200 in BS fees

@tom4342 Ай бұрын

@@stanleystart411 I can't really feel any sympathy for the car dealerships they have been screwing the populous for decades. Shoe's on the other foot now.

@orlenbrown4293 2 ай бұрын

How can the automakers even try to cry for help after the way they have fleeced the public the past 4 or 5 years? They need a good ole fashioned Tar and Feathering.

@grumpyoldman64 2 ай бұрын

These dealers ain't never going to give up them prices they'd rather go out of business than give the money back that they've been stealing the last 2 years

@mccjoe01 Ай бұрын

Ok.c ya!

@captainamerica9353 Ай бұрын

Truth!

@jamesbass9797 Ай бұрын

200k miles is 200k miles. Doesn't matter who makes it or what year model it is. It is still 200k miles of wear & tear on the vehicle. $40k for it? lmao ... NO WAY! Only a fool would pay that much for that F-250.

@drk6067 Ай бұрын

There's A LOT of fools out there...with more $$$ than brains. A LOOOOOT!

@Danzilly 2 ай бұрын

I'm keeping my 20yr old truck at least I know it's reliable! This new stuff is having to many quality issues!

@user-cz3nv3qz8x Ай бұрын

I have a mint 2003 F150 Lariet suppercab 5.4 2v with 88k miles on her.. got it last August for 14k with 78k miles on her.. did all the proper maintnace, new tires, brake job and a few lil mods for safe messure😊. All in, call it 20k. Sold back a 2022 Maverick made 4k. Ill take the raw truck feel and dependability..

@Danzilly Ай бұрын

@user-cz3nv3qz8x you got more truck for your money too!

@scottharper9645 Ай бұрын

I once owned a 2004 Volvo C70 $42,000 car with a 3rd party extended warranty I purchased new from the dealer. At the end of the warranty when I dumped the car, I got a printout of all repair costs over the 5 years I owned the car. It came to $43,000!!!!! I think the warranty was useful.

@SoonerMikeD 2 ай бұрын

The entire family who owned that CX-5 all had severe cases of IBS lol.

@patrickrussell1888 2 ай бұрын

Seemed way over-priced on the bids!

@jackblack3886 2 ай бұрын

The chocolate milk car was just gross. I wouldn't have touched it either!

@SomeUserNameBlahBlah 2 ай бұрын

What's "IBS"?

@appleseed8375 2 ай бұрын

Irritable bowel syndrome

@user-vu5br7sm6h Ай бұрын

Literally 🤢😷

@OneOceanLife_ Ай бұрын

Still blows my mind to watch dealers pay 1000's more than I would for a car. Wondering when the floor falls out.

@Boodieman72 2 ай бұрын

The auction places should say you get 4 tries to sell it then you have to take it off the the property.

@tmo4330 2 ай бұрын

Should have no minimum bid!

@jefferystensland1304 Ай бұрын

Auction house doesn't mind, seller pays a fee for running it through each time

@daved7024 2 ай бұрын

Mercedes look good that's about it. They are mechanical endless money pits. 😊

@scottysgarage4393 2 ай бұрын

Used Mercedes should never bring more than scrap weight at auction. Only BMW and Jaguar are potentially bigger consistent losers.

@OnPointFirearms 2 ай бұрын

Yeah, sold for $11k and a $5k repair bill is right around the corner. Maybe just outside of the parking lot!

@twoc400s5 Ай бұрын

If that car has the TT 3.0L with the 7 speed trans, that drivetrain is very sturdy. You might have some of the amenities go bad on that car, but the M276 engine is pretty solid.

@crazeguy26 Ай бұрын

I own a C230 yeah the small stuff has broken but is has never left me on the side of the road.

@breckfreeride Ай бұрын

I hear the 166 chassis is decent

@greybone777 Ай бұрын

Let's see . They chevy went from a truck in 2004 that lasted 250000 miles for 24000 dollars to a truck that won't make a100000 miles for 60000 dollars. It's cheaper to put a new engine in my gmc sierra than to buy a new one by far.

@workingclassless84 2 ай бұрын

That easy money got dealers spoiled. Seems like they'd rather burn it down to the ground than to come down on prices.

@markdittbenner9949 2 ай бұрын

All the New Car dealers Need to go broke..they are crooks ..Need to buy straight from the factory online....

@iowahank1 2 ай бұрын

And still pay too much!

@tmo4330 2 ай бұрын

@@iowahank1 Just pay retail.

@robertsaget9697 Ай бұрын

car prices are largely set by what the manufacturers charge dealers. Sure there was a time when dealers had huge markups but those have largely disappeared now.

@MrDuncl Ай бұрын

@@robertsaget9697 Does the hire / lease market have much of and influence in US pricing ? In the U.K. I have heard of lease companies getting 45% off RRP when they buy by the dozen. Lease the cars out for a year then sell at a profit for 60% of RRP.

@robertsaget9697 Ай бұрын

@@MrDuncl i'm not familiar with the common ways dealerships work leases with manufacturers, if at all.

@josephcarland 2 ай бұрын

White seats on a car is never a good idea.

@Christoph-sd3zi 2 ай бұрын

Or even tan

@1HeatWalk Ай бұрын

White is ok if it's leather.

@DarthVader-1701 Ай бұрын

It is if it's leather and or in a hot climate.

@Ronick-Q-46 Ай бұрын

When they go wrong they need to be brown, 😂

@estuardo2985 Ай бұрын

they are fine IF you take care of it but if you are nasty like most people then no. Former auto adjuster here, there are a lot of nasty people out there. 🤮🤮🤮

@mikehenry7848 2 ай бұрын

That silver Silverado is sun damage on those head lights. Can't be buffed out.

@jeremymcauliff8485 2 ай бұрын

I bought a used 2020 Grand Cherokee last February from a local dealer. Still paying on it. Salesman from the dealer cold called me today asking if I was ready to trade up. He was acting like they were running some big sale but it was just the same over priced new cars with high interest rates. Told him no thanks. I think this is just the beginning of their desperation to move cars. Things are going to get much worse.

@Danger-fv2gz 2 ай бұрын

Nah. That’s a common sales tactic to bring you in and sell you a new car.

@chancepaladin 2 ай бұрын

its going to be like 2015-2017 but worse. they're going to be begging begging begging for anyone to come in and even look.

@chancepaladin 2 ай бұрын

@@Danger-fv2gz its a common sales tactic when they're stuck with a lot full of cars they can't do anything with except pray for a tornado.

@Xavier60Ha 2 ай бұрын

Why did you even answer the call

@jeremymcauliff8485 2 ай бұрын

@@Xavier60Ha the business name did not show on my caller ID. Just the number. It was a local number.

@jskaggs8188 2 ай бұрын

If these cars are this filthy imagine what their houses look like.

@Xavier60Ha 2 ай бұрын

Most times is

@SomeUserNameBlahBlah 2 ай бұрын

Houses? Imagine what their underwear looks like.

@neiljuedes1661 2 ай бұрын

Maybe the Franchise dealers could dip into the massive profits they made the last 10 years and bring their prices down so people can buy !

@DaveC2729 2 ай бұрын

Is that what auctions are like? God what a headache. Glad I saw this, now I know I can never go to an auction. What a horrid, unpleasant ambience.

@gump1005 Ай бұрын

And unless you have a dealers license, they won't let you in.

@DaveC2729 Ай бұрын

@@gump1005 Just goes to show, used car dealers are not human. My money is on some kind of mutant fish-pig.

@jefferystensland1304 Ай бұрын

Lot of auctions are online bidding, I have bought 4 of last 5 vehicles at online auction.

@foodpimpz9086 Ай бұрын

Those valuations are still ridiculous

@2TROLL1 2 ай бұрын

You can identify a doordash driver's car by the gallons of soda that are spilled in its interior😮

@kaydebryan2884 2 ай бұрын

Straight drive is a very regional thing probably just a NC area thing. Stick shift/manual most notable term especially with the older generation is called “standard”

@CarolinaCarolina-ph9mx 2 ай бұрын

When I was a kid, all our cars were stick shifts. I leaned how they worked pretty young because my grandparents would always ask me to shift the gears for them due to shoulder issues. I also had a dirt bike that I had to change gears on. When I took Driver's Ed, however, the cars were automatics. I didn't know how to drive them. 😆Now, I don't think I'd go back to driving a straight until I absolutely had to because automatics are so easy and convenient. 🙂

@UnknownScorpion 2 ай бұрын

That Mazda back seat is the typical result of baby momma driving all over the place with the kids having to eat their meals in the car seats cuz baby momma gots so many places to be at instead of at home.

@reverselee3218 Ай бұрын

Very accurate 😂😂

@AutoAuctionUSA Ай бұрын

This is wild! The chocolate milk Mazda had me DYING. Keep up the great commentary, especially about the car market. Super informative!

@timbullough3513 2 ай бұрын

Pre 2021 I got 2 brand new sedans for under $18k. Bring that situation back.

@mashyken Ай бұрын

That won’t happen when manufacturers are way overpaying UAW workers. There needs to be a huge wakeup/shakeup in the auto manufacturing business.

@The_Rifster 2 ай бұрын

Thanks for these videos and I hope your allergies aren’t too bad this year. The last video where you pointed out all the pollen on the cars made my eyes water.

@MitchellWeatherly 2 ай бұрын

How could a nasty 2017 CX-5 sell for $1500 more than that 2015 Mercedes GL450? Are folks that afraid of repair costs on Mercedes?

@rootedrotor525 2 ай бұрын

yep.

@mallardcutter7209 2 ай бұрын

Absolutely

@EfieldHfield_377 2 ай бұрын

100 yes. I would be terrified. I need BMW / MB repair like I need a hole in my head.

@revtimewest 2 ай бұрын

Thats why I see them on CL for 5k everyday. I wouldnt take one for free.

@C43rocky902 2 ай бұрын

Indeed

@elchaconaso 2 ай бұрын

Another BHPH dealer went belly up near my home,good.the more dealers go down the quicker prices for used cars drop.

@danbeaulieu5567 2 ай бұрын

I’ve been dumping my antiques on eBay while I still can.

@richtes Ай бұрын

It’s April 1 and I’m almost at $5K sales on eBay so that’s it to stay under the 401K limit.

@mystisith3984 Ай бұрын

That's actually smart. The bubble on vintage cars will blow up when a date is announced to make ICE vehicles illegal on the roads. 2035 is floating around but even if it's 2040, it's still a death sentence: Who will still want millions of Mustangs or Challengers that can only seat pretty in their garage?

@MM12684 Ай бұрын

@@mystisith3984lol when is that going to happen? Ev delusion is not going to come off

@russy59ry Ай бұрын

I am in the construction trade and I still see people spending money like going out of style..houses are selling before they are even finished and you can ask any price you want

@mikemiller9717 Ай бұрын

I really liked when you use to show the cars you buy. Any chance of seeing those cars again?

@rizzodrat3076 2 ай бұрын

I have a list of people that I do not have the least bit of sympathy for, and car dealers are right up there near the top.

@phillyfathead 2 ай бұрын

Yes the very top!

@johnsineni 2 ай бұрын

I love the third jumper seat in the front row of a truck, way more functional than a console.

@rightwingsafetysquad9872 Ай бұрын

People have been making videos with this exact title for over 2 years now. And it hasn't happened yet. I'm surprised YT doesn't auto-flag it as spam.

@robertclubs9908 2 ай бұрын

Awesome show Thanks for your update.

@michaelsimms6958 Ай бұрын

Had that exact Subaru. Started burning oil like crazy at 100k. Careful with those years and the oil consumption issues.

@ezrhino100 2 ай бұрын

dealers made their money. now is the time for reckoning.

@factchecker9358 Ай бұрын

Unfortunately, I've seen moms with kids trash airplane seats worse than that from only one flight and the airline employee had to clean to all up after landing--with loud complaints.

@krisw8597 Ай бұрын

Love the vids, keep them coming, I really can appreciate how you run your business. Blessings and thanks for being real.

@captainamerica9353 Ай бұрын

This kid is pretty smart.

@kwilliams1958 Ай бұрын

Recalibrate...that's a good word for changing the price, Brandon.

@robmitchell1598 2 ай бұрын

Just waiting for the shit to hit the fan and then I am going shopping!!! The greedy dealers and OEM’s are finally going to pay the piper!! Karma is a bitch!!!

@z987k 2 ай бұрын

idk, I think I'm going to end up buying a car at the dealer bankruptcy auction. They won't budge on price, but they're not selling a damn thing either.

@IP0Monsturd Ай бұрын

Remember Y2K? Or the end of the Mayan Calendar? Keep waiting….and walking.

@davidshettlesworth1442 Ай бұрын

Thanks for an excellent video. Carry On Sir!

@ronclements2002 2 ай бұрын

I paid 20 for the same truck 2 years ago from a dealership but it was a 13 instead of a 15. And I own both captains chairs in two of my trucks and the bench. I definitely like the bench more. Great info as always buddy boy!

@angeladansie4378 Ай бұрын

My dad & I watch coverage of weather disasters all the time. Every time, there are dozens or hundreds of cars destroyed. It totally explains the high prices & shortage of used cars

@Hunches333 2 ай бұрын

love the content and knowledge!

@janicekerrigan5863 Ай бұрын

I always watch your videos all the way to the end. I can't say that for a lot of other car sale videos. Keep up the good work that you do.

@carquestionsanswered Ай бұрын

I appreciate that!

@allenarneson4349 Ай бұрын

In my little area on the West side of Michigan - there is Nothing like you describe. Dealers are STILL charging way to much and won't negotiate at all or very little. My wife and I need a car but are not willing to pay the price some of these dealers are asking for their cars. We will wait a little longer. Maybe by September??

@DarrinR.-pq8md 2 ай бұрын

CX-5 might be a flood car.

@brentsmith3745 Ай бұрын

Flood of $&*#

@ProctorsGamble Ай бұрын

Brandon. You are literally #1! 😃

@phillyfathead 2 ай бұрын

Very entertaining, thank you !

@marblox9300 Ай бұрын

Car Industry says values are based on what a book tells them. The actual free market value is almost always lower. This is also true for classic cars.

@eyeofchorus6313 Ай бұрын

Stick-shift, manual and standard; never heard of strait-drive before.

@iowahank1 2 ай бұрын

That CX-5 was either parked in a spot that previously had something leak onto the asphalt or it has a rear seal leak.

@jcreeker5581 Ай бұрын

During the high prices of Covid, a similar 2014 Silverado with 75 kMiles was on the lot for $34,000. Another words, there has been a decrease of 40% in prices of some used trucks.

@whitfeather1809 Ай бұрын

every time i watch one of your videos i get a car max ad before hand and i think that’s so funny cause they’re ripping everyone off with these prices too

@mashyken Ай бұрын

It’s funny how we all hate the prices - til we want to trade ours in. 😊

@dancellana6002 Ай бұрын

Thanks for letting us in on the shysters convention

@cesarrivarola6409 Ай бұрын

your work is great bud!!!!

@fcdeville7543 Ай бұрын

Prices here at Manheim and Adesa in Chicago and Milwaukee are still crazy. Part of the reason is the large dealer groups keep everything that makes sense, and they will bounce the aged inventory form store to store. The selection is thin for anything that is good, most of what is out here id Kia, Hyundai and Nissan product that are very needy. The national fleet consignors are selling units and have selling within reason.

@jillkthomas Ай бұрын

This video shows why you need to keep your ancient car as long as possible. Make friends with your mechanic and keep up with the maintenance. That is so much cheaper than an $800 car payment.

@BillKennedy-or4ot Ай бұрын

As always, another fun informative video, as a side line to your vehicle business why not look into other products, without knowing the activities within your locality it’s difficult to make suggestions. But let’s say low priced boats, maybe low value off-road type vehicles, always opportunities around, because you are very level headed and will not gather stock without knowing your buy price allows reasonable margin for you and reasonable sell costs for the buyers, I am sure a addition to your sales would allow some variation for your viewers and a little expansion for your income…..

@rvail136 2 ай бұрын

Dealers got fat...and screwed their customers for the past 4 years, now they are beginning to reap what they sowed.

@theairstig9164 Ай бұрын

Just the last 4 years?

@robertsaget9697 Ай бұрын

if they double their margins they only have to sell half as many vehicles to make the same amount of money. let them go bankrupt by not buying.

@TechGorilla1987 2 ай бұрын

@4:30 - This is 100% the case. Lexus is the same way. We got a 2004 ES330 with flawless, extensive dealer service record for every owner that ever had it. Oil changes, regular scheduled maintenance, fluid changes, the whole nine yards. Got it for 8K cash with 134K on the clock. Looking forward to another 10 years with this one. Our 08 RX 350 has 250K on it. We got it at 130k with all the same dealer records. Nice buy if you can find one. I did replace 6 plugs and 6 coil packs on the RX after we bought it. I was getting misfires.

@barcabrothers9098 Ай бұрын

Love your channel bro 😎 I’m from Charlotte.

@user-mz3qt8nu3h Ай бұрын

Love the bench seat in my truck..I'm a tall dude and can't stand when my knees hit something.

@Ody-up6kg Ай бұрын

The auction house should charge a $50 storage fee for each week they need to hold a car that doesn't sell.

@albert6501 Ай бұрын

@10:55 "Taking a massive haircut" 😂. Surely you meant pay cut. Love your videos

@Dave-mf5fv 2 ай бұрын

I knew that was a cx5 just like you did. lol! oh Dang! those seats are Uuuggly!

@mikekearns7695 Ай бұрын

I work for a national car auction in the Florida panhandle . Yesterday we saw dealers dumping 10-20 cars into the auction. Usually 5 cars or less.

@user-ld7qp9rg1p Ай бұрын

I remember the dealers with their "market adjustment" +$5,000.......over sticker!

@Ressurrectio 14 күн бұрын

*There ought be a mandatory opening bid of 99 cents with no reserve. I mean this was my ebay moto "Start'em low and watch'em go! This included an 02' 4X4 F350 I started under a buck. or a 97 Sunline Saturn camper trailer way back in '05. The dollar auction reals in bidders while a higher opening or reserve ONLY cools market interest, You should try it.*

@antoniomontana1975 2 ай бұрын

Not happening. Car prices are still extremely elevated and nobody is dumping anything. In Phoenix prices aren't coming down on any high demand vehicles. If you are looking at shit box Stellantis/Mitsubishi cars, then yeah you may be able to get a deal. Sorted out used Toyota, Honda vehicles are gone in an instant.

@IP0Monsturd Ай бұрын

All these Jethros, Gomers and Goobers commenting on how they are going to buy a new full size truck for Pennies on the Dollar will be waiting (and walking) for a while.

@armandodimarzio1136 Ай бұрын

Philadelphia is the same !

@turbotheamericanstaffy Ай бұрын

@@IP0Monsturdthey aren't walking. They are driving old trucks that will last so they aren't in a hurry. The dealers are the ones paying floorplans on a shitload of stock every month. I know which side of the coin I'd rather he on.

@marsgold1710 Ай бұрын

congrats Brandon🎉 You're always bidder # Juan to Migo🥃

@joatmon6132 Ай бұрын

That Mazda reminds me. About ten years ago, my son's buddy was doing a car wash to raise money. Guy pulls in with gorgeous Mercedes s four door. I went to pull it out of the wash area and the interior was an absolute ash tray. Ashes and cigarette butts almost everywhere. But, the outside was immaculate.

@RodRessell 2 ай бұрын

The clapped out Juke racing by was hilarious

@Abu-Khalid- Ай бұрын

You were so funny with that black Mazda 😂

@davidcampbell1899 Ай бұрын

GOOD! What goes around comes around!

@toddsellars4694 Ай бұрын

Love your channel bro but we are not seeing this in the Washington DC area and surrounding suburbs. Maybe next year.

@EMichaelBall Ай бұрын

Tons of government money flowing.

@theoutlander9564 Ай бұрын

I'll keep my 1978 Dodge W 300 4×4 dually.... I currently replaced the 360 small block 4 speed with a 12 valve Cummins Turbo diesel and a five speed out of a 1994. Also replaced the 4:88 Ring and pinion With 3:54, the carriers Have been replaced with Detroit lockers in the front and Detroit True track in the rear.