GOING to skyrocket?? That missile left the launching pad four years ago.

Another reason a manufacturer will lower their prices is because no one is buying.

Crap in Crap out. No one will buy. They cost too much.

Same guys who two months ago were saying that car prices were going to tank. The most North American car manufacturer nowadays is likely Toyota or Honda.

supply doesn't get reduced by keeping vehicles out that aren't coming in in the 1st place

Ray was next level funny this episode from start to finish 😂. “ we had a condom machine, I know about protection”. “the reason you got a zero interest because there 0 interest in the car” was a bar.

… geez, folks, … companies either lower their prices OR go out of business when consumers DON’T BUY THEIR PRODUCTS … so, please: wise-up, save your money, and walk out the door … 🤷🏻‍♂️🙄👍

Lack of sales should reduce prices. At leasr it used to.

0% is meaningless when the payment is still over $1000 a month.

You need to cut ev' by at least 50% to sell any. Everyone that wanted one already bought one and got shafted with the price.

Who cares about EV prices? I don't.

Its not the competition, NOBODY wants these anymore, Use to have a model Y for 3 years, from car issues to Range Anxiety, Tesla Customer service is total garbage. Will NEVER own another EV, Bought me a Camry Hybrid XSE! LOVE IT

Sop reccomending nissans dosen't matter how cheap. Any with a cvt transmission is junk goes out at 35/75k miles can't be rebuilt cost 3k for replacement without labor had 2 family members run into transmission issues 5 transmissions total between 2 cars so far

Demand for EVs is not going up though. Subaru and Ford dealers have boatloads of EVs they can't sell.

Chinese automakers can build EV in Mexico and avoid the tariff when shipping to the US.

The US electric power grid can’t handle these cars on the load. Over the last twenty years they have decommissioned hundreds of power plants. Theirs not enough wind and solar power to cover the load.

Hey, an acquaintance of my co-worker leases 3 cars, one comes up each year. She directly sells the cars to friends and acquaintances for the payoff amount. Toyota and Nissan allow you to transfer the title directly. Honda requires you to go to the dealership to perform the transfer. 3 years ago, I got her 2018 base model Civic for $11,000 with just 14,900 miles on it. I threw the dealership a bone and got a Honda manufacturer's extended warranty up to 100K for $1400. I was out the door for $14.2K after taxes and tags, etc. I had the option to get her Rouge but I declined and my co-worker later got it for his son. This is something that is never mentioned as an option to save money and avoid getting ripped off. My co-worker got the 2019 Rogue for $16K out-the-door with 17,000 miles on it.

One day we have a crash and the next day we are going to skyrocket. Let's be real. There are no Chinese vehicles here and if and when, why would anyone buy one even for $15K . Remember the Smart Car? LOL I would rather have a proven used EV for close to that (either way, I will not buy one) Lets not forget that Volvo is owned by a Chinese Co. At any rate, The economy sucks. New car prices are through the roof. Dealers suck. Interest rates are the highest they have been in 20 years. Nobody wants EV.s. The one thing nobody is talking about is how 21 and 22 production vehicles were barely produced. If someone is looking for a low mileage 2 to 3 year olds, guess what? Not much out there when it comes to exact "wants" Toyota, Honda, and mainstreams entry levels vehicles are now in the mid to high $30k's That is the reality and it all sucks. And yes, dealers suck yet again just like the medical industry, insurance industries, your cell phone carrier, and streaming and cable prices. They all suck

Great review. Thanks.

Love your show. Great information. Starting to see and hear more of caredge.

I would love to have an EV but the expense is ridiculous and waiting for the battery power improve. Until then, my 2012 Chevy truck is doing just fine.

The US gov continues to shaft everyday americans by stifling real competition

So what? Everybody seems to want pickups anyway. Tariffs will just protect CEO pay

Glad I found you guys, love yalls videos

Don’t usually get to watch live to comments in real time. Today was awesome. Protection😂 , audio mishaps.,, you two make it happen!! Entertaining and informative. Thank you.

I love watching you too. Deep inside I admire your relationship. It’s just amazing. I wish I had a dad like Ray. 😊and of course I learn a lot.

The problem is that people want SUVs and other expensive cares and these vehicles cost more than most people can afford. Toyota Tacoma just launched and the cost of common models jumped up 20%. People who would have bought new cars are being forced to look at used cars to get the price down.

Tariffs sound like a good idea...until you go to the dollar store and it becomes the 20 dollar store

Yea! I agree! You guys are cool!!

This is why all the economists are saying we are in for the worst collapse in world history.

Ray I love your humor love it

My neighbour has a MachE. ( Business car) 200 miles and the battery and drive train were replaced.

If that's true American car companies are going out of business.

Plus, if you make your payment on time, interest would go down too. A?

There is no market for EV cars. They have to give me the EV and I'd sell the damn thing. I'll have things delivered to me.

But of course had a couple QT problems to, like others.

Ray is demonstrating EXACTLY why Delete Me should be advertising on your site. I am very proficient with computers but my son still shakes his head in my direction while I work on my computer. That's just Fathers and sons.

Darn, I really wanted a ChiCom EV!!! NOT!!!

Consumers do care about powertrain. I specifically went from an EcoBoost 2.7 Twin Turbo V6 to Chevy 5.3 V8 and others are doing so in droves to avoid costly repairs caused by the complex and cheaply made nature of 4 and 6 cylinder engines tweaked to deliver V8 performance. They are built for a good time, but not for a long time. A long time being 8 years or more.

Or could be leasing too.

The high “loses” in the EV market are really R&D expenses and should be expressed as such.

Wonder what the headline will be for the next video.

So the lighting, I think there going to make some hybrid s

Or battery types, or smaller. Maybe later

One thought on comparing year-to-year MSRP, even on the same model in similar trim: Compare apples to apples. First, look at annual inflation (which is non-trivial lately), and adjust for that. Then compare features year-to-year. Latest year is seldom the same car. Some things like superfluous extra tech and comforts are manufacturers' choice to increase margins unnecessarily. Shame on them, no one is demanding these features. Some things may be mandated by additional safety, emission and efficiency regs, or unwise design changes to attempt compliance (think turbo 4-bangers or 3-bangers, automatic start-stop, etc.) Only way to reduce MSRP year-to-year and stay viable is to reduce features/size. I can still roll up windows with a crank and shift gears - most people can. (And there would be a market for SOME production to be like that, at lower but sensible margins.) Affordability by consumer choice, not profit/feature climbing spiral by designers' choice.

This protectionism will hurt US automakers worse than competition would. Sick of the effort to ram these EV's down peoples throats, think I'll go burn some junk tires... BTW a boat anchor is a way better investment than an EV... if its there its gonna work!

In 1965, the VW Beetle, the darling for US Automakers Subcompact cars target price in America was @ $1,585... In today's money with the inflation index, which is 10 times higher prices nowadays... So a Subcompact car should be priced around $15,850 what the future Chinese imports were going to be priced at before 102% tariffs were applied.... *Interestingly, American Automakers Market adjustment is about +$10,000 above that... 😮

That’s just not true, sales are already down.. starting to see incentives even, so no, they will NOT be any huge price jumps.., not if they want too stay in business…

Do these new tariffs apply to the vehicles that are “domestic’ brands produced in China? Some examples would be the 2024 Lincoln Nautilus and the Buick Envision with parts contents almost exclusively Chinese.

Ok iam here, got up north

Thanks Guys. I realize that context (of the buyer and of the brand/year/model) is everything, but I don't want to live in a universe where a $70k+ Genesis/Hyundai/KIA is a "good deal". That's an awful deal. That is NOT value for the buyer's money. I don't care for EVs, but at least I can understand why some people buy them. I can't say that for most all Korean or European brands

Tariffs will protect domestic manufacturing a little bit longer, then offshore...

They already skyrocketed. People can't afford them, theors a surplus of vehicles just sitting & rotting in the unsold lots.

Ray said zero percent interest is an incentive because the vehicle is not selling. Then why do the dealers refuse to come off the MSRP. Some of these cars have been sitting days on market 397+ days and dealer tells me "we cant lower the price anymore" I want the zero percent AND a few thousand off MSRP. I'm not paying for bogus add-ons and BS fees!

Ray is super jersey a great ambassador of the garden state

The hole in ur hypothesis regarding the supply and demand going down is that BYD hasn’t been in the market yet to cause (Reduced Supply)… though the lack of a cheap option such as BYD does allow the American automakers to ignore the peoples desire for reasonably priced transportation 🤔

Yeah that's the solution keep vehicle prices high. At this point we need competition.

I'm looking at trading in my car within the next 6 months or so. I need tires before winter, do I get them now? If so how do I work in these new tires into the trade on a new car?

Zach, it's not Miami, it's Miami Beach separate city and police force.

SHOCKING 😮

I'm just keeping my car it's paid for runs good going to have it detailed polished new tires. Drive it another 100.000 miles

If prices don’t come down, sales are probably going to get worse anyway

Is this a direct polar opposite of what the FED is trying to do?

How many Chinese EVs come into the USA? If none or few then I see no reason for tariffs on them to impact vehicles now available.

We don’t want prices too low.

Same reason there’s no truck competition for the Big 3!!!!!!

Yeah…we saw it coming BUT what would bring more people to EV’s? Lower prices. Heck BYD, who’s partially financed by Warren Buffet, sells EV’s starting at 10K. If you’re in NJ you get 7.5K from Uncle Sam and up to 4K from NJ…that means the car would be FREE. How about that for helping workin’ folk?

So they also going less than 20,000 say so anyways, besides saving the 8 cylinders.

I strongly disagree with prices going up forecast...people can't afford the current prices...and the affordability is going down... guys u got this wrong ...

They will all price them selves out of the market. Many people can't get loans and are maxed on their credit cards.If anything it will make the used car market stronger.

Funniest glitch ever that I had been had been ever heard. Way to go Ray!

2023 models are nearly two years old. Someone is going to have to eat that depreciation no matter what the interest rates are. Smart buyers will not fall for that. Maybe half of MSRP with zero interest rates might make it worth it. But they want full MSRP or close to it.

Hey guys, I just wanted let you guys know that the podcasts are not uploading to Apple podcast

The “Chinese”…..IM Motors is one of the latest companies introducing EVs with solid-state battery.

chevy 10-15k discounts right now On 2024 cars

and, how many chinese cars are there currently being sold in the US?

There are very few in any Chinese made EV's being sold in the US. I fail to see how the new tariffs will affect the prices of the US made vehicles. What IS going to affect the price is demand and right now there is no demand mostly due to the prices. If the US manufacturers don't lower their prices, they still wont sell any EV's.

Over reaction. American EV prices might get some support but it will still depend on consumer demand for the EXISTING maker’s products. With no Chinese EVs on the market TODAY and EV prices are falling under current market conditions, how do you figure this will have any upside price effects?

I thought you recently said car prices had to go down because of no demand at these prices? . . . . .

How many Chinese EVs are in the U.S.? The tariff has no effect because we already didn’t have them. It may stabilize the price at higher levels than what they would have been, but it’s not raising them. Prices are already going down for EV’s and will continue to do so as manufacturers get better at making them and we use new materials to make them.

How can buyers that live in apartment buildings charge their cars. Many parking garages in NYC won't let electric cars park inside. My friends New MB dealership can't park electric Benz's in the showrooms by order of the Fire Department in Bridgewater NJ

Products overall are costing more for tangibly less. I think the majority of Americans are not willing to spend more for less. Managing the inflation while not making more money is resulting in less sold cars. Where I stop buying things that cost more is with an automobile. I’ll take a used car or more of a base model to reduce cost of purchase. I was not even willing to by a used car with inflated prices and increased interest rates. It is getting better for used cars..

Huge News, I can ignore the new higher prices on upcoming vehicles just as easy as I can ignore what they are charging today. Too much!

The gnd is Messing everything up severely

If you build a good product at a fair price you don't have to worry about foreign competition.

I read that chinese car makers will set up shop in Mexico to avoid these tariffs. Now, they'll be made in Mexico and not subject to the same rules.

I thought US has a free market system.

It looks like to me they are raising the price of ICE vehicle to cover the losses of their EV vehicles.

The Chinese EV cars are heavily subsidized by the Chinese government, which is why the tariffs on them.

Is there 0 percent on Ford maverick yet

I thought pops was just having a senior moment.Kidding.

Obviously you failed to take in the demand side of the curve. Demand is falling as fast as the price will go up. With the price going up, demand will fall even further. The end of the EV market will, thankfully, come much faster than it would have otherwise?

they can solve that problem by building plants here. If they want to sell here then build them here

A max headroom moment

Don't think this will affect American car prices based on supply because today there are NO Chinese EV cars in the US so therefore there won't be any change.

ONLY in Miami, would they even think of turning a Rolls Royce into a Police car...

The problem with EVs is price. I see a lot of Bolts. Not everyone wants a hypercar, but all mfrs seem to need to make all EVs go zero to 60 in 4 seconds. I want a cheap EV that goes over 200 mi. Can anyone actually do that?

They are not an aspect of current EV pricing, so blocking them won't change anything. There isn't competition when there's a cartel. Nissan CVT sucks. Bring in a European Qashqai and I will buy it.

The slowing of the economy is bigger than the slowing of the EV sales have already reached critical mass…

As I understand it if China builds the car in Mexico there can be no tariff because of NAFTA.