$126,000 for a new Lincoln Navigator!? I paid $129,900 for my brand new house in 2017.

I love my '04 Corolla. No payments. No headaches. Just maintenance.

I’m a repo agent and business has been booming

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

You know what else I don't see at the ford dealership. Customers!

"You will own nothing and be happy" -World Economic Forum

I was shopping for a new Honda CRV for the wife yesterday. Retail price was around $39k. The I saw the dealer was adding $4k worth of BS (wheel locks, some random battery warranty, paint protections etc) to the sticker. I told the sales guy there was not a chance in hell I was going to pay over retail. His response "sorry, we add that when they get here and cannot be removed." See ya!

Try getting a $100,000 new car loan. Banks won't lend it because they know in one year that vehicle is going to be worth half of that.

My favourite is when you have to pay 90k for an F150 and then they still want you to pay monthly for the features already on the car (self driving). Fuck them!

I’ve been a tech for 26 years. New cars are high tech garbage. I’d suggest to anyone looking for a vehicle to purchase something at least 15-20 years old. Tech is horrible, unnecessary and makes people even more dangerous behind the wheel than they already are, not to mention the repair cost and planned obsolescence (which is really what this tech is all about). How can it be so much cheaper from a manufacturing standpoint to create a tablet that controls everything in cars instead of a few dedicated units with actual buttons, yet car prices are higher than ever. Puny little 4 cyl turbo charged engines in full size SUV’s and trucks… Yeah that’s a recipe for disaster. It’s all junk, and people should refuse it until these manufacturers get their heads out of their asses.

The signs of hardship are everywhere. But government says economy is very good. It's very good only for the asset holding class. For everyone else it's ugly.

I would rather these dealers go out of business before I pay those prices for a new or used vehicle again

Bro, $105K for a DODGE DURANGO? Nah. GTFO.

Why weren't any of you guys talking about how for the past 5 YEARS ALL manufacturers STOPPED making cars costing LESS THAN $ 20,000?

What's really irritating is that they've moved so much of their production to Mexico where they pay their workers a pittance ($2.70/hr., 2024). (Before NAFTA, it was $6.25/hr. in 2012) while, as is their custom, they wreck the lives of the people in these small towns that work at their plants. It's truly evil what they do to their workers.. Life in Mexico is not cheap, like it used to be. Rents are high. Inflation, 4-5%. Making that small sum would force an auto-worker to get a part-time job just to make ends meet. I don't know how these clueless auto executives expect a worker to put their heart and soul into producing a quality product, especially cars with the technical sophistication that modern cars have. I read that in the U.S., about 32% of the cost of a car went towards materials and labor. The rest was profit. Now, they have the audacity to sell us an inferior product which, in many cases, can only be repaired at a dealership, long term drive train insurance policies, which they fight you on tooth and nail if anything should go wrong, and a 30% mark-up in price over 2 years, expecting us all to just quietly accept their greediness and allow it to become part of the status quo. The only thing these presumptuous thugs understand is money. They have the morality of a rattlesnake and should be boycotted into oblivion.

They’re not selling because very few people got a 100% pay raise.

My local Toyota dealer wants over $50,000 for a Prius Prime. They can keep it until the cows come home. I'll keep my present vehicle until the wheels come off. Come to think of it, unlike new cars, I can fix my old one. Dealers can keep their new high tech junk that's impossible for non-dealers to fix.

Toyota is making a $10,000 TRUCK!!! But it's NOT FOR SALE IN THE US... WHY?????????!!!! Because the BIG AUTO MANUFACTURES IN THIS COUNTRY DO NOT WANT IT SOLD HERE!!!!!

this doesn't happen by accident. this screams centralized planning behind the scenes

I use to make over $100k a year under trump. In 2020, I rewarded myself by buying a 2009 silverado 1500 with 115k miles for $15,000. Guess what! Im still driving it with 194,000 miles and counting. DONT BE DUMB WITH YOUR MONEY FOLKS!!!!!!

No more economic cars like , Escort, Fiesta, Focus , Taurus. Why ? Because you can’t charge $80-$120k for them .

Almost every new car, truck, and SUV is now priced as a luxury vehicle. Crazy times

A lot of these cars are more expensive than most Mercedes lol. No joke

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

This disaster couldn't happen to a nicer bunch of thieves! I went to have an oil change at my local Gainesville, Fla Toyota dealership! When the oil change was done and the car was ready, they sent a young guy in to inform me that my water pump was defective! Now I only have 55 thousand miles on a 2008 Toyota Prius. I am 78 with two University degrees and I know what a defective water pump sounds like! Hum, me thinks! That's strange, but I didn't fall off the back of the turnip truck yesterday so I calmly asked what would that cost? $500 came the reply! I feigned distress and told the boy I couldn't afford that (I really can, it's chump change at my retirement income level) and left the dealership in feigned distress at this horribly expensive news! Needless to say I took the car to a local family owned auto repair shop and was informed there was nothing wrong with my water pump. I swore right then and there that I would never set foot in that Toyota dealership again!

I'll keep my 2008 Lexus GX470 and 2005 Toyota Corolla. Both are still in premium condition and the best part, they are paid for.

An income of $70k today is equivalent to minimum wage in the 1980. Let that sink in... It's not bc goods and services are becoming more valuable, but the $USD is becoming less valuable. When debt is money, this is the result.

I think ford really messed up by stop making cars for the us market, not everyone is looking for big suv's and pickups.

I offered $50,000 for a 2023 Dodge Charger scatpack widebody. They were asking $57,432. Manager did not make a counter offer. The car has been on the lot since July 2023. They are not desperate enough yet.

I paid $75,000 for my house. There is no way I would even think about spending those crazy prices for a piece of crap truck that will fall apart in a few years

My Bro bought a Durango several years ago. Transmission went out right after warranty ran out.

Thank you for including other YT channels. After all, it doesn't take anything away from you, but says to me that I will find more value. Since I was aready a subscriber to Michael Bordenaro, I had no doubts about adding Zach and Mark.

I don't really give AF ABOUT the car market, it needs to fail. Its been ridiculous for a long time. Overpriced computers on wheels

My pappy said, "Son, you're gonna' drive me to drinkin' If you don't stop payin 100 grand for' that Hot Rod Lincoln"

I guess all that free money during COVID wasn’t so free after all. Well, at least a handful of millionaires got richer.

I dont care how you look at it peoples income have not REMOTELY kept up with the prices.. 33 years in jewelry business gold was 275..in 2001 now over 2300 today .. printing till infinity will put all of us in the streets

So strange that all those $250K per year earners are NOT scooping up these AMAZING $100,000 deals?!?!?!!

People aren't too broke. It that manufacturers prices are too inflated . They have priced themselves out of sells.

Dude, 80k used to get you a sweet porche, not just a truck.... Whos gonna want payments like that in a trash job market like today? Nobody 120k for a truck, wtf.. 😮 Let's be honest, vehicles are money pits... You get screwed on the interest, payments, gas, insurance, registration, tickets, and parking.....and the most costly.... Maintenance and parts...

95k is not a sale! Dealerships got greedy and this is the outcome of overpricing vehicles, especially trucks where gas will continue to rise, regardless of who is President!

I just realized ...that I am subscribed to all of your guests in this video....I need to get a life. LOL

Cash for clunkers was one of the many crimes against humanity.

I’ll rebuild my truck twice before getting screwed over like this

The auto industry iNOT selling what we want! Gas powered4 Door sedans! Don’t want stinkin’ EVs!

Not sure what’s sadder, the insane car prices or the fact that people STILL buy them crazy priced vehicles! They will never cut the prices enough for sane folks to buy them.

I retired in my 40's. There is ZERO chance I'd even spend $40k on any vehicle. Never put large amounts of money into things that go down in value. It's stupid and why so many are broke and living paycheck to paycheck.

Well yeah, dealerships want to keep you in financial debts. I keep getting Moss Bros asking to buy my car back just so they can sign me up with a new one. I'm not terrified about dealerships going under, pound sand.

my 2001 Camry is still going at 270,000 miles. hope it last long enough for a used 2005 or 2006 camary prices go back down.

Who paying over 100 Grand for a Stinkin' Lincoln? Thats absolutely Insane!!!

If you buy a $88000 truck no money down 72 month loan @8 with TTL that’s a $1600 dollar monthly payment You are paying $1600 per month on a truck The total amount you will have paid if you paid $1600 per month for 72 months is: $91,240 You have not added in gas per month, insurance per month and oh remember kids this is a depreciation magnet All you podcaster(s) need to talk is the monthly payment, insurance payment, and interest on loan.

But remember 10% Joe said there is no problem. The people still have money.

what happens when you dont have to worry when you'll just get bailed out again

There are plenty of us who can afford to pay cash, but refuse to buy this hi-tech JUNK.

Moved 2005 to Canada from Germany. In Germany I drove used cars, low km, for around €5,000. In Canada I bought a house. Couple weeks later calls from dealerships to buy a new car. (Thanks to my bank I’m guessing) After 2 years, my old $2,000 van I bought just to get around had enough. Bought a new Dodge Journey. Was less than $20,000 to 0.9% interest. 12 months later, the dealership needed more sales. They offered to take in the car, paid off the car loan completely and set me up with a Jeep Grand Cherokee, $32,000 to 0.0% interest and did throw in a free set of wheel with winter tires. Only to get sales. I still can’t figure out how dealerships survive with deals like it. I do live now in Panama where I drive, right $5,000 used cars. Mercedes E class with at the time of purchase had original 36,000km. No car payments. It’s paid for and I drive it until it goes to heaven. This crazy new car prices are ridiculous. Nobody should buy a car for $120,000 if it isn’t a Porsche. Let the car manufacturers just eat their cars.

Nice colaberation Brandon!!!! I follow all three of you!!!!

Great video Brandon, this truly paints a picture of the industry as it sits today. Tough times ahead. Great bloopers too.

These prices are INSANE...Those days are over. America is entering a long period of extreme austerity. It's gonna be shocking to all what is coming. And the days of 120k pickups will be long fucking gone....

Please do not bail out GM... There's a reason they call it government motors..😮

I was in the car business when Jimmy Carter was president and I know what people in that business are going through. I feel sorry for them. Most of those people have nothing to do with the price of a new vehicle and I can assure you they are hurting. It’s a good business when things are going well but when the economy takes a downturn they are among the first to feel it. Thank God I had a trade to go back to, but it took a long time to recover from that

Keep it up, you two guys are cool to watch and very informative, thanks!!!

The older man with the grey beard hit the nail on the head. When the government mandated that car makers make battery powered cars and trucks, the manufacturers jack up prices of normal vehicles to cover the cost of making battery powered vehicles that they knew would not sell.

This seems like the definition of failing to not "read the room" by the car manufactures.

What are people smoking who are paying $100k for a vehicle?

Govt has already reneged on social security through rampant hyper inflation , the dollar has devalued by 100 percent in a years time ,

I work at a Honda Dealership. civics, Accords and CRV's sell really well , even the used ones which are actually rare. Hybrids are really popular. However, We are on dealer street and the Ford/Dodge ram down the street is plum full. the nissan dealership next door, same thing. If people are going to drop money on a new car, its hybrids, Toyotas, hondas and fuel efficient cars. We sell a lot of Odysseys too to families. Im glad Honda didnt go crazy with giant vehicles with options people do not want.

Just love how these guys joined together to create real content on what we’re living in every single day. It shows how in every part of the country we see the same story. A collapse to say the least!

Ive never seen the ford dealer by my old house so packed with new inventory, i was shocked.

The reality is government overspending started inflation. Inflation caused workers to demand higher wages. In turn companies raise their prices. This affect has started a sprial.

Was recently at a Genesis dealership ( my wife has a 2020 G70 that’s still under warranty until next year). Usually you’ll have customers while they’re waiting for their cars to be fixed, get up and go check out the new cars and used cars for sale. Here’s the crazy thing,…no one left the service department waiting room the entire 2 hours my wife and I were there. We actually had good conversation in the room with everyone but no one was wanting to venture to the other side. Maybe the not-busy salesmen on the other side kept them in their seats, who knows! One couple stated they used to (emphasis on used to) trade in cars every 18-24 months because they liked new cars and their car payment wouldn’t fluctuate much as they could usually get what wanted with 0%-2% interest rates. Now they’re actually servicing their vehicles because they had to make a choice between their house payment or new vehicle. Automakers are forcing their long-time repeat customers to make decisions about new vehicles and the answer is no!

I love when you guys team up. It's like the Avengers coming together.

I remember a time when $40k was a lot to pay for a car or truck. A $100k would buy you a Rolls or a high end sports car. There's no way that a pickup truck should cost more than maybe $40k. Do car companies not realize that most of their potential customers make a heck of a lot less half a million a year, which is what you'd need to make to even think about dropping more than $50k on a vehicle?

Love this collab video. How can we see what cars you're selling in NC?

After watching today's video, I went out back and gave my 2004 Honda Accord EX a great big hug. She's just about to turn 50K on the odometer and the engine is like new. It's a comfort knowing I may never need to buy another car.

Jobs in my town do not pay anywhere close enough to afford stuff like this

Those bloopers got my 6yo laughing! 😂 😂 Thanks for the chuckles, on top of all the great info about the car market today! 🥰🙏💕💕💕

Finally one of these videos!

About 10 years ago you could buy a BRAND NEW Freightliner Cascadia sleeper that you could live in and work and you would have a job that made you lots of money for $120,000 dollars, now you can barely buy a Jeep that wont even be used in the forest and only run on highways and streets for the same price, something is absolutely broken in this economy.

Just bought 2014 Focus SE 5 speed manual 70k miles one owner for $4,500. Fun car

This was a great video, loved how you pulled from other KZfaqrs, do that more often.

One of your better videos. A lot of information

When you have a truck payment more or less like a house payment.........look down the road a bit. The house may appreciate in value...the truck goes down EVERY day!

Went to a Dodge/Jeep/Ram dealer last weekend and it was packed with cars, but 0 customers other than us. The cheapest Grand Cherokee was 48k and was not impressive at all. Went to the nearby bustling Mazda dealership and got a CX5 for 32k and was stoked.

Love this format. Getting 3 on the ground reporters. Love it!! Subscribed.

@9:40 ..Did the carsales man really try to come sell you that car 😂

The glaring point to me is how the manufacturers don’t appeared to be stressed. Everyone can see the breaking point with these prices and the crash coming but nothing is changing. Manufacturers must know they can use the bail out card again, its the only thing that makes sense

The US government breaks its own world record in tax revenue every year (over $5 Trillion) and borrows 1.7 Trillion per year to cover additional spending, adding to the $34 Trillion deficit. This addition to the money supply lowers the value of the dollar, which creates massive inflation. This is not trending to improve so prepare accordingly.

When the algorithms combine, you know the situation is bad

Great collaboration video

I have a rule about buying a car. It can't be more expensive than my house. These guys got fat and happy gouging people for the past five years, now everyone's upside down in cars they massively overpaid for. Who could have possibly seen that party ending?

The public that they were able to sell these big trucks to, doesn't exist anymore. My theory is; it was a trend that many people found out they couldn't really afford, and it took about 10 years to really sink in.

Great info…

I couldn't believe this when I saw it. I went to QuikTrip and next to it is a Subaru dealership. They had a lot full of electric Ford Mustangs Marquis with Subaru badges on them. I just laughed.

I just got a low mileage Little Tikes Cozy Coupe for $7!!! It is diesel powered. (Looking at my feet while saying) diesel get me there and diesel get me back.

In 2001 I bought a Toyota Camry LE 2.2 for transportation for my son going to college, it had 48,000 miles he drove it, graduated and still running with 220,000 miles and what surprises me, do not burn any oil, although I change it twice a year. I paid 12,000 dollars and at that time, somebody told me it was kind of expensive, now I wish I can find a car like that with 48,000 thousand miles I`ll gladly will paiy 20,000 dollars.

100k for a vehicle? Maybe a Mazerati but a Ford or Toyota? These people must be high!

I think the automakers are being pressured by the government to spend on ev's

Auto insurance is more expensive now that 4-5 years ago. Another reason for dealers not selling vehicles

But the WONDERFUL part of paying $126,000 for a new Lincoln Navigator is that in ONE YEAR you will lose $40,000 in vehicle value!! Now that is smart investing!

I have been trying to buy a full size SUV like Yukon Denali. But the price is unbelievable right now. Even a used 2023 or 2022 is over 70K. Payment is over 1500 per month. It’s crazy. Not buying until it drops down significantly.

Love the new format with multiple creators you’re americas boots on the ground for auto pricing! You’re the gold standard for car reality bro! Thank you!