What Happens To New Cars That Don't Get SOLD? NEW Reasons

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Easy Car Buying

Easy Car Buying

14 күн бұрын

What Happens To New Cars That Don't Get SOLD? NEW Reasons
Our latest video helping you buy cars is all about unsold cars and what happens to them. We're breaking down the situation so you can buy your next car with ease. If you're out shopping for cars, SUVs or more, this video will help you with getting an awesome new car or truck deal.
Oh yes, and don't forget to SUBSCRIBE for more car lovers lifestyle: / @markholubetz

Пікірлер: 279
@arthurjohnson3646
@arthurjohnson3646 11 күн бұрын
Man does an incredible job...
@markholubetz
@markholubetz 10 күн бұрын
Thank you very much
@CK61380
@CK61380 6 күн бұрын
The car manufacturers are about to learn a hard lesson….people can’t afford 80 thousand dollar fucking work trucks.
@OOICU812
@OOICU812 2 күн бұрын
And these are the people who actually need a truck for work. No mention of those who just want a truck so they can look "cool."
@shortlinet
@shortlinet Күн бұрын
I love my 2000 3500 gmc 4x4 utility bed. Paid 8k for it 4 years ago with 45k miles
@RedEyeC
@RedEyeC 12 күн бұрын
When will automakers get it through their heads: WE DON'T WANT THE RIDICULOUS "START / STOP" FEATURE.
@markholubetz
@markholubetz 12 күн бұрын
Totally right
@t436
@t436 12 күн бұрын
Start Stop is part of the MPG rating tricks. Same for the aero suttters that give off check engine lights when they break.
@ddjjss
@ddjjss 11 күн бұрын
HATE, HATE, HATE the auto off feature on my 2021 RAV4. Other than that it’s a great car, but that one feature ruins the new car experience. Stupidest most annoying environmental rule yet.
@RedEyeC
@RedEyeC 11 күн бұрын
@@ddjjss - the big negative of it is ALL the added components on the engine, transmission, and electrical / computer system from this one feature.
@futurefirm
@futurefirm 9 күн бұрын
​@@ddjjssI love that feature lol. It fits my driving style. The people who hate it tend to have an aggressive driving style. They brake a lot, rather than coasting.
@tech29X
@tech29X 13 күн бұрын
And then our government lectures us on the climate and environment. Supposedly they're manufacturing such complex and expensive vehicles to help with fuel consumption and emissions. What's the point of manufacturing these vehicles if they are going to become part of land fill.
@markholubetz
@markholubetz 13 күн бұрын
Yes that does not make a huge amount of sense
@GannDolph
@GannDolph 13 күн бұрын
The move towards complexity has been a long slow march, well underway since way before climate politics became the latest whipping bill. In fact we were complaining about how computerized and complex automobiles had become, how they were nearly impossible to repair yourself, and how they were less durable what with the explosion of cheap plastic parts everywhere.. -literally over twenty years ago. . There are two long-term drivers of this long running trend: 1) competition: keeping up with latest features, bells and whistles and max power/performance, and the technology and complexity that comes along with that. 2) managed product lifecycle: manufacturers intentionally designing to shorter expected product lifecycle, increasing the frequency of recurring new sales. This is done by cheapening up many parts, and a million other ways to limit the time vehicles remain economically viable to own. I can tell you the automakers are thrilled that everyone ridiculously believes 'climate politics' to be the villain , when in reality the villain is the manufacturers themselves...
@Banzai51
@Banzai51 12 күн бұрын
Where are you going for these government lectures? I feel left out.
@saulpulido9937
@saulpulido9937 12 күн бұрын
​@@GannDolph Wow, good explanation, thanks!
@americanosbadassius9292
@americanosbadassius9292 12 күн бұрын
​@@GannDolph It's had to be a slow march becausethe globalists don't want to raise too much awareness as they're vilating our natural rights and removing our sovereignty. Climate change is the argument they're using to do it and most of the big corporations have banded together with governments to bring it about. The US is the only bastion of freedom thats able to stop them and bring about their demise and most people on the left are too dum and hateful to recognize how these globalists are lying to them, and just gobble up soundbites as the truth, without doing due diligence and vetting the news clip. Most people are lazy and apathetic when it comes to politics. The World Economic Forum (WEF) and the UN, amongst other organizations, have had public statements released regarding these plans for years and Bill Gates is one of the major billionaire contributors helping to reduce world populations. He even has arrest warrants out for him in foreign nations because of it. There's a reason Russia has warships off of our coast now, in the Carribean. Total world Control is the goal and perpetual war is one of the tools to accomplish this along with mass depopulation; war, famine, disease, pandemics, etc. Make liKe a Boy Scout and BE PREPARED!
@MarketingSuccessify
@MarketingSuccessify 13 күн бұрын
Congrats. 19 minute video and you never said where the cars go. Just try to get a good deal on a car that’s been sitting. Brilliant!
@happyhippo1710
@happyhippo1710 12 күн бұрын
I guess he got you to watch the entire video! Thanks for the post, so I don't have to watch it.
@okbc1864
@okbc1864 12 күн бұрын
Did you watch it at the 17 mark it says where they go.
@MarketingSuccessify
@MarketingSuccessify 12 күн бұрын
@@okbc1864 Where?
@introvert4everfreddy656
@introvert4everfreddy656 12 күн бұрын
Cars never sold go to car graveyard and they let it rust and rotten!😡 rather than they sell it for cheap price or donate them to charity. Ridiculous!
@DarkFlamage
@DarkFlamage 12 күн бұрын
Yep, just like the dealers...a bunch of hot air fluff with no payoff. Waste of time watching this
@sunking2001
@sunking2001 12 күн бұрын
With so many "brand new" vehicles with so many bugs, flaws, and gremlins...it's common sense that so many potential buyers are simply not taking a chance with buying a "brand new POS."
@markholubetz
@markholubetz 12 күн бұрын
Yes the prices are cost prohibitive
@CMBBmc-jd6ur
@CMBBmc-jd6ur 12 күн бұрын
Absolutely!
@f42un84u
@f42un84u 12 күн бұрын
Don't forget the data collection, tracking, and subscriptions that are mandatory or necessary.
@RZ-sh6yi
@RZ-sh6yi 11 күн бұрын
All plastics
@sunking2001
@sunking2001 11 күн бұрын
@@markholubetz Even if prices were "back to normal", whatever that is, people still don't want to buy a troublesome vehicle. So, high prices and lack of quality seem to be the double-edged sword...besides the economy and inflation. What a bad situation!
@justme-27
@justme-27 13 күн бұрын
I want a short cab, zero option, manual trans, rack n pinion, solid axle 4x4...nothing else. Not buying the garbage they build today.
@markholubetz
@markholubetz 13 күн бұрын
That would be decent for many huyers
@danielscarbrough4363
@danielscarbrough4363 12 күн бұрын
You described unobtanium. Building your own is your only option...have fun!
@markvincent5992
@markvincent5992 12 күн бұрын
Ok, I’m with you on the short cab and short box 4x4 . But no options? Nah. Gotta have power steering and brakes and a/c for me, but manual windows and locking are fine. A nice stereo system with actual knobs and buttons would be nice too. With ya in spirit though.
@carlito_148
@carlito_148 12 күн бұрын
F 150 V8 best option
@markvincent5992
@markvincent5992 12 күн бұрын
@@carlito_148 yes but you are stuck with that miserable 10 speed auto transmission. You can’t even get a stick, can you?
@josephbukal9850
@josephbukal9850 13 күн бұрын
We just bought a Mazda CX-50 with your help got a nice deal out the door. Bought at end of month car was on lot 80 days. Took of all add one and got nice deal.
@markholubetz
@markholubetz 13 күн бұрын
That’s awesome great to hear. Congrats on the nice vehicle.
@subaruamazon
@subaruamazon 13 күн бұрын
mazdas are great my parents had 2
@bernie6355
@bernie6355 13 күн бұрын
Which Mazda dealer? I can't get a deal at any Mazda dealer here in Ontario.
@petewayneirvin
@petewayneirvin 13 күн бұрын
omg, that is my next rig! I feel in love on a extended test drive
@subaruamazon
@subaruamazon 13 күн бұрын
@@bernie6355 former car salesman. call around. email around. go to another providence. if you can save thouands but have to fly into to pick up the car and drive it home , do it.
@freetolook3727
@freetolook3727 12 күн бұрын
You as a consumer have to remember that the dealer giving you a "discount" on a model year leftover is no bargain. The vehicle is one model year older and has depreciated in value, even though it is "brand new". So, you have to go beyond the depreciation to get a good price.
@RKmndo
@RKmndo 11 күн бұрын
Depreciation doesn't matter to me. I drive 30K+ miles/yr, and I typically hang on to vehicles until corrosion destroys them.
@Vincent-ke5zn
@Vincent-ke5zn 13 күн бұрын
I'm a security officer and work at the BNSF railyard and auto lot in Northern Illinois and the auto lot is the size of at least 2 stealership lots and the lot is almost constantly full of trucks picking up and dropping off vehicles and the trains also are picking up and dropping off vehicles and after watching your great videos, I wonder to myself "why are they moving so many vehicles when the stealerships aren't selling them??💁‍♀️🤷🤷
@markholubetz
@markholubetz 12 күн бұрын
Yes that depends on the type of lot that is but those vehicles could be coming and going to different lots for traces or sales, probably new from factory, among many other destinations.
@Vincent-ke5zn
@Vincent-ke5zn 12 күн бұрын
@markholubetz that's just my point, if the vehicles aren't selling, why are these trucks and trains hauling cars to and from dealerships and from the manufacturer
@angie-xy5sf
@angie-xy5sf 12 күн бұрын
austin tx off i35 s of austin you stuffed full. evrn have open fields with trucks. dont understand why dont give incentives
@erniestarkey8856
@erniestarkey8856 13 күн бұрын
The Banks don't want the cars, just the money. They will offer dealerships incentives also. Consumers don't always get those offered by the banks. Expensive anyway so Banks could offer directly to consumers to put them in vehicles but decide not to. Great video and information.
@MarkSmith-js2pu
@MarkSmith-js2pu 13 күн бұрын
Stop with the technology already if it’s electrical.
@markholubetz
@markholubetz 13 күн бұрын
mechanical tech could be turbos, superchargers, modern tran like CVT, DCT etc
@donaldbanner2185
@donaldbanner2185 13 күн бұрын
Electrical is Fine if buying Non Euro or Korean Genesis...Gotta say I honor / appreciate the HUD / info 0n the windshield / in your face.....(never wish to be without this) additionally big plus on surround cameras and safety check / car stops if senses Lil Johnny...JUST buy the Tech on a LEXUS.... and you are gold!
@markvincent5992
@markvincent5992 12 күн бұрын
Yes! They don’t do it well in any case! How about this: cut out all the cutesy crapola and make the basic systems bulletproof. Like you used to do. Power windows and locks and the like that last 10 years at least. Switches and windows and door hinges and handles and all the other systems that will just need minor maintenance for years. Build that and we will beat a path to the dealership; if they don’t screw up and gouge us on the prices
@markvincent5992
@markvincent5992 12 күн бұрын
@@markholubetzplease take the cvt, turbos and most of what you mentioned and keep it! Except for higher end applications and where dead reliable. By dead reliable I mean for at least 60 per cent of the life of the vehicle or more. It used to be that many engine/trans combinations would last 2 to 300,000 miles without a major problem.
@johnlacroix1639
@johnlacroix1639 12 күн бұрын
I like the video and WOW amazing TY so much ,,Keep up the great work
@markholubetz
@markholubetz 12 күн бұрын
Thanks for the support
@deanjasso174
@deanjasso174 13 күн бұрын
All this sounds believable. However, I went to Seneca, South Carolina Jeep dealership that had over a 100 new jeeps wranglers on the lot ,they had a left over new 23 Sahara. it was sale priced at 43,5k, but when I got there, they said they could only find it for 46,5k. Then the sales manager came over and told me that it would cost me 51,5k out the door. Mind you, this Jeep was produced 12 22 and had been sitting on the lot and getting lot rot all this time. That's almost a year and a 1/2 . they could care less about selling this Jeep at a discounted price. A couple of $1000 off of a year and a 1/2 old Jeep is not a deal. funny thing, there were 2 people on this massive lot at 1:30 Saturday afternoon. My wife and myself, nobody else in sight. These dealers could care less if you buy their car or not.And the sales manager told me that that g probably would go to the auction.😮
@markholubetz
@markholubetz 12 күн бұрын
That’s a great point. There are always creative ways to try to sell less than desirable vehicles but even with those creative ways, there are still a few that although the cracks
@thingamajig6542
@thingamajig6542 13 күн бұрын
Here is a question. What if a car manufacturer delivered a car to a buyer direct from the factory. The car company would only have locations where you can pick up your car but they do not have any unsold cars on the lot. How much would that reduce the price of the car. They could design the car such that any independent car repair shop could fix it with spare parts available online. Could that reduce the price of a care 30%, 40% etc. Think of all the cost to operate a dealership that would be eliminated (those costs get passed on to the buyer). The pick up location could also have test drive cars so customer could drive and look at car before placing online order. Could that be a game changer business model for buying a car.
@dzhang4459
@dzhang4459 12 күн бұрын
What? You don't like both sides of every mile of road in America being nothing but oceans of identical looking pickup trucks that stretch over the horizon? I love not having walkable downtown anymore because each store is separated by miles of impassible asphalt deserts. I can't wait for the new one they're building next to the one that's been abandoned and empty for ten years thats across the street from the one that was built instead of a row of affordable apartments.
@markvincent5992
@markvincent5992 12 күн бұрын
Well that’s just how it used to be. Anyone could work on most any car. Talk to the a-hole manufacturers, they are the jerks withholding the information and computer codes so only they can work on them at greatly increased prices.
@markvincent5992
@markvincent5992 12 күн бұрын
Oh and you used to be able to take delivery at the factory but all it saved you was the destination charge.
@markvincent5992
@markvincent5992 12 күн бұрын
@@dzhang4459don’t be daft, nobody builds affordable anything anymore.
@beanmix2774
@beanmix2774 10 күн бұрын
Every one is watching this video and he is making money I just got my new jeep wrangler and payed a arm and a leg for it
@markholubetz
@markholubetz 10 күн бұрын
Thank you for sharing. Which model and how much did you pay? I know they are pricey
@NRush2009
@NRush2009 3 күн бұрын
Was it all worthwhile paying soo much for your Jeep? or dream Jeep?
@aliassmithandjones9453
@aliassmithandjones9453 12 күн бұрын
I used to have a part time gig driving dealer trades back and forth from one part of the State to the other. Drove a new vehicle over and a different one back. It was fun but I think today it's all done with hot shot transporters
@seethingsclearlyawaken3424
@seethingsclearlyawaken3424 11 күн бұрын
I want a regular cab pickup truck, preferably a 4 cylinder Toyota, manual transmission, 6 foot bed. I do NOT need a 4-door truck. I have never needed a 4-door truck, never wanted an xtra-cab truck either! I just want a regular cab pickup truck, 4-cylinder Toyota, manual transmission with a 6 foot bed, only option would be air-conditioning. I don't even need an FM-radio! Build it like you used to build it TOYOTA. Don't shove the sissy-style Tacomas you are currently building! Build a real working-man's truck! I can't find a truck like this. What is so unusual in what I'm asking for Toyota?
@markholubetz
@markholubetz 10 күн бұрын
Sometimes keeping it simple is best
@Rightround0846
@Rightround0846 13 күн бұрын
I have ALWAYS wondered what happens to cars that people don't want to pay for. 😂
@markholubetz
@markholubetz 13 күн бұрын
There is an "end of the road" for some of them
@mauriciosagasteguicanudas7167
@mauriciosagasteguicanudas7167 12 күн бұрын
Thank You‼️🏆🏁
@chriss5949
@chriss5949 4 күн бұрын
Great video. You should have also included that when you go to buy that car that's been sitting on a lot for a year or more which my wife and I did years ago with a Honda Odyssey minivan the stealership tried to spin the loan to the full price as if it was brand new. They pulled the old send us into the veteran sales manager to make the deal. After my wife and I picked him apart for a while he realized we were not fools and we left.
@rusty358
@rusty358 6 күн бұрын
We want inexpensive, efficient, reliable cars.
@markholubetz
@markholubetz 6 күн бұрын
Agreed
@lancewalker1999
@lancewalker1999 3 күн бұрын
well there's no money in efficient l vehicles.
@hippo-potamus
@hippo-potamus 13 күн бұрын
The dealers or more so the manufacturer don't give a sh8t about selling the old stock at car grave yard prices. Most dealers don't actually own the inventory but rather operate on a floor plan financing option where the cars are basically under consignment or sorts from either the financial institution or manufacturer. The new car dealership monopoly is a total scam.
@searlearnold2867
@searlearnold2867 12 күн бұрын
One of the used lots that I'm watching that sells work / commercial trucks just went out of business and started up under a different name a couple of months ago. I can remember some of my used dealer customers doing that back in the early 90's and again in the 2000's when the economy tanked in BC.
@markholubetz
@markholubetz 12 күн бұрын
Yes that’s almost inevitable in this market. Almost the perfect storm
@scottcrowley2061
@scottcrowley2061 Күн бұрын
Nice job.
@softpanda2458
@softpanda2458 10 күн бұрын
great job that was one of the best explanations of how the system works I've ever seen keep up the great work
@planetx5269
@planetx5269 7 күн бұрын
You really do a great job! These vehicles have so much BS on them with complicated electronics, turbos, CVT transmissions and other things that I would never buy them no matter how much they reduced them. 2004 is as new as I would ever go. My newest is a Saturn Vue 5 speed, 4 cylinder with 230,000 miles and I love it and I looked a long time to find it and it's from the South. What do you think?
@Retiredtraveler1961
@Retiredtraveler1961 12 күн бұрын
I would NEVER buy a vehicle older than 6 Months for every reason you cited. That’s Ridiculous, it’s not going to hold up well.
@dejankaran3640
@dejankaran3640 12 күн бұрын
Yes I always wondered that
@markholubetz
@markholubetz 12 күн бұрын
I hope that sheds some light on the subject
@davidnelson6893
@davidnelson6893 12 күн бұрын
Yes you that right Peace out
@markholubetz
@markholubetz 12 күн бұрын
Cheers
@mattjewett4473
@mattjewett4473 2 күн бұрын
There was a load of 100s of brand new cars unloaded off the ship and parked right at the shipyard at the south end of the Seattle waterfront. Been there going on 2 months now.
@650nelson
@650nelson 13 күн бұрын
Use the non selling cars for the world series demolition derby. Pay per view, weekly matches, no rules. You're welcome for that billion dollar idea
@markholubetz
@markholubetz 12 күн бұрын
Hey I like it. Great idea
@atlasnetwork7855
@atlasnetwork7855 12 күн бұрын
Would work for a few hundred cars, but hundreds of thousands, too many cars, it wouldn't be profitable.
@KA9DSL
@KA9DSL 11 күн бұрын
Still won't be able to afford a 500 day old new/stock. Dealers sill don't understand that old is old.
@donaldhollingsworth3875
@donaldhollingsworth3875 2 күн бұрын
Almost all Ram dealerships are still tacking on $30,000 - $40,000 to their trucks & not wanting to reduce that dealer markup. That is why Ram dealerships still have so many 2022 & 2023 models on their lots. Nobody is going to pay $110,000 for a truck!
@Thisishard2333
@Thisishard2333 9 күн бұрын
I’m in NC. The Dodge dealer near me has at least 50 Chargers. Everyone has a market adjustment sticker on them along with ceramic coating.
@PortWaterDogs4Eva
@PortWaterDogs4Eva 12 күн бұрын
Quick question! I need a larger SUV. My favorite is a 23 Lexus GX v8 version. I know, right now, that’s not an option. What’s a great SUV to lease that’s larger that has great deals..I’m think a Stellantis vehicle..but I have a dodge and I hate it because they don’t last. My husband. Says with the interest rates so high on a used car, why not look at a new car. I don’t want an electric vehicle. What’s a good Medium to Large sized SUV I could get a great deal on? I need leather and heated seats …I live in New York State. Any recommendations?
@markholubetz
@markholubetz 12 күн бұрын
Hi, there a a couple options that come to mind and the first is the outgoing Lexus GX460 (v8) and not the new gx550 as they have those engine issues right now. Infiniti has the large qx80 or the Nissan Armada are the same vehicle as the Infiniti. For incentives the big 3 have the best but the quality is the worst. Steam away from Yukon or Escalade due to quality issues and the Stellantis has the Dodge Durango but they are not well made. The Jeep Wagoneer is an option but a bit pricey too and quality is not as good as the Lexus. For something a slight smaller maybe have a look at the Acura MDX as it’s built better tha. Most of these other vehicles.
@PortWaterDogs4Eva
@PortWaterDogs4Eva 12 күн бұрын
@@markholubetz what about cheaper lease deals on something I’m not keeping? Any good screams deals out there I could get? Credit score is 700
@wadafruit
@wadafruit 4 күн бұрын
Yup, Tesla's non stealership way of doing business is a 10x improvement in smoothness and transparency. Non scammy like stealerships. No-ICE.
@markholubetz
@markholubetz 4 күн бұрын
I would agree with that
@CMBBmc-jd6ur
@CMBBmc-jd6ur 12 күн бұрын
More great info! By the way, there’s a massive fire at a S Korea. lithium battery manufacturing plant right now. Unfortunately 22 people have died in this fire.
@markholubetz
@markholubetz 12 күн бұрын
Wow thanks for sharing, that’s not good
@toddschultzandkaysar3530
@toddschultzandkaysar3530 12 күн бұрын
what percent discount would you consider a tremendous deal on a $63k vehicle that's been on the lot for one year ?
@RichieRich7339
@RichieRich7339 11 күн бұрын
40k if it's a truck, 35k if it's a SUV, 32k if it's a sedan, $500 bucks if it's a Nissan. I'm also assuming 63k is including a 7k markup due to 'market adjustments'.
@toddschultzandkaysar3530
@toddschultzandkaysar3530 11 күн бұрын
@@RichieRich7339 its a bronco ..no mark up msrp
@parrisstewart5511
@parrisstewart5511 7 күн бұрын
Dealers should just be an option We should be able to buy from directly from factory or the internet
@bradbowles1153
@bradbowles1153 13 күн бұрын
I have a 2012 Subaru Forester with a double DIN radio deck. A two year old “new” car wouldn’t bother me one bit. Even if I had to buy a new battery and a set of tires. I’ll be in the market in 2025.
@josephkelleher8820
@josephkelleher8820 12 күн бұрын
I would NEVER buy a car that's been sitting on the lot for 2 years and never driven.
@Michael_Livingstone
@Michael_Livingstone 12 күн бұрын
Would dealers like it if all customers just ordered the vehicle, arranged financing and waited for it to arrive, take possession and off they go? That’s what I do for all of my vehicles but I suspect the public wants to buy off the lot right away and not wait so they have to maintain an inventory.
@markholubetz
@markholubetz 12 күн бұрын
Thanks for sharing
@stevereimer5254
@stevereimer5254 12 күн бұрын
Some won't order to spec. They only will sell off the lot.
@Michael_Livingstone
@Michael_Livingstone 12 күн бұрын
@@stevereimer5254 I like Ford for this. As a pickup truck has many different configurations, they never once resisted ordering any of my vehicles from the factory.
@barrywilliams991
@barrywilliams991 12 күн бұрын
How does the retail buyer deal with the fact that the banks factor in the age depreciation of a NOS vehicle? A bank won't lend on a NOS car because of the built in age depreciation.
@markholubetz
@markholubetz 12 күн бұрын
That’s fair and cash is king in this case or a much larger deposit
@teegeeontario1180
@teegeeontario1180 13 күн бұрын
When a new car goes to an auto graveyard, is it sent there by a dealer or the factory? If a model is not selling, why keep building them, why not shut the factory down until sales catch up?
@johnfriend862
@johnfriend862 12 күн бұрын
Once it hits the dealers lot the factory is shed of it. It belongs to the dealer, who pays for it by financing it with their floorplanning bank. Every month the dealer has to pay the interest on all of those vehicles. The factory meanwhile just keeps cranking out more vehicles, because if they stop production the unions will go crazy that their workers aren't getting paid. The manufacturer will give some incentives when lots get overfilled, as they are now, but dealers are in a bind. These vehicles that have been sitting for months or even years have cost them a fortune in flooring interest, which right now is between 7% and 10%. Think about that, a $90,000 truck that costs a dealer $80,000, after sitting for 6 months has cost the dealer $4,000 in interest. If they dump it at cost they're still losing money. The dealers around me just aren't cutting deals at all, a $95,000 truck you can get $3,000 off. If you have a trade they'll offer you $15,000 (or more) under what they'll sell it for, because they're so strapped for cash for their interest payments. Plus they are selling cars here, nobody other than the Dodge dealers are not selling a lot of cars. I live in an area with a massive illegal alien population, and banks will finance an illegal even with no drivers license, verifiable income, or credit history if they have enough money down. Every one of these sales is going to be a default within the year, but the banks keep financing them. In many cases they'll never find the vehicle, which is one reason the interest rates here are as high as 20%. But the dealers are rolling cars, that's all that matters!
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments 12 күн бұрын
Crazy, crazy idea.... This is gonna sound crazy... Call me crazy but imagine if you could like, place your order for something at the auto cartel's website , exactly how you want it, click add to cart, enter in a promo code so you can feel like you got a deal, and it's produced and shipped off to you, 6-8 weeks later without sitting around rotting on a dealership's lot. Totally bypassing the franchise dealerships altogether and their needs for profiteering. If it needs service you just take it to an authorized service garage.
@markholubetz
@markholubetz 12 күн бұрын
Thanks a lot for sharing, that’s an interesting proposal and who knows but anything is worth a try
@markvincent5992
@markvincent5992 12 күн бұрын
Just try to get proper warranty service or proper setup. Bon chance
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments 12 күн бұрын
@@markvincent5992 try that now tho. Because they all have to get approved or some proof of a failed part. I had to go to 3 different Nissan dealerships just to get a replacement starting battery because while the meter showed 1.2v not 12.0 but 1.2 the Renault computer showed it was a good battery. Finally I found a service writer that got it to fail by using a known faulty battery. And that's not exclusive to Nissan.
@crlaw75
@crlaw75 7 күн бұрын
The dealerships and manufacturers would rather let the vehicle rot than give a discount to the customer.
@michaelcullen9216
@michaelcullen9216 11 күн бұрын
So tired of long winded videos just to put more ads in. I did not watch the entire video because I got tired of waiting for the answer. This should have been a 4 minute video not 20. Oh well guess I will just google search for the answer and not bother with your video
@markholubetz
@markholubetz 11 күн бұрын
Thanks
@michaelriffey2372
@michaelriffey2372 4 күн бұрын
Do you honestly believe people care what you think about video length and KZfaq ads?
@jeffreymckie3328
@jeffreymckie3328 12 күн бұрын
So all car co’s need to say they are tech companies so dealers can be dumped instead of cars.
@Notpopularopinion
@Notpopularopinion 12 күн бұрын
Stellantis claimed they will continue their hemi as their straight 6 isn't doing well.
@markholubetz
@markholubetz 12 күн бұрын
That is totally savage
@cs.8821
@cs.8821 12 күн бұрын
Apparently the tesla cyber trucks that didnt sell got put in the hood for storage un Ft. LAUDERDALE
@markholubetz
@markholubetz 12 күн бұрын
Thanks for sharing
@josephkelleher8820
@josephkelleher8820 12 күн бұрын
In my opinion any car sitting on a lot for more than 2 years is worthless.
@markholubetz
@markholubetz 12 күн бұрын
Agreed, but there always seems to be someone willing to for the right price
@robnowe5464
@robnowe5464 15 сағат бұрын
Don't forget that the quality of the builds suffered during the COVID19 fiasco and thereafter. There are customers who will not buy a COVID19 era vehicle. Nobody wants a lemon. Nobody wants to be ripped off.
@SA-rs5pl
@SA-rs5pl 5 күн бұрын
After 90 days on the lot with their floor plans, Dealer Principals must be having a hissy fit!
@joemartin8888
@joemartin8888 13 күн бұрын
Did they really dismantle all those VWs that were recalled years ago? I remember an ocean ( maybe thousands) of cars waiting to be hauled away from the recall lot in Brainerd Mn
@wadeslayback9338
@wadeslayback9338 13 күн бұрын
Does it matter what they do with vehicles that they want to charge 2x-5x their actual value for? I mean they are selling 4 cyl jeeps for over 60k. No value in these new vehicles.
@LA70S
@LA70S 3 күн бұрын
Used to be able to buy from the manufacturer. Was much better for the consumer. What about the 2021s and 2022's that sat in fields for months because they couldn't get chips? People seem to be unloading these cars. Why? None use wear and tear?
@dampergoldenrod4156
@dampergoldenrod4156 6 күн бұрын
I hate power windows so bad because I leave my windows open and the rain gets on the controls give me manual windows any day manual locks, manual parking brake
@tommorgan1291
@tommorgan1291 Күн бұрын
Seems to me a new vehicle sitting for 500 days is going to have tire issues, fuel issues and perhaps mold issues. Am I wrong?
@GrayD1ce
@GrayD1ce 12 күн бұрын
Dodge and ram are going to have an easier time selling the older new stock if the new engine doesn't take off....
@markholubetz
@markholubetz 12 күн бұрын
I agree , there may be more looking at the older Hemis formsure
@chuckdawit
@chuckdawit 13 күн бұрын
I'm not a big fan of EV's, but if Tesla releases a model that has a quick charge time < 20 min for a full charge. I'll never go to a dealership again. I'm glad Ford announced end of dealerships in the last month.
@markholubetz
@markholubetz 13 күн бұрын
Yes that’s a win for the consumer if they figure out the service aspect
@chuckdawit
@chuckdawit 12 күн бұрын
@@markholubetz By service, you mean repairs, maintenance, etc? Ya I don't know how good (bad) Tesla service is because I don't own one. If it's bad, hopefully it improves over the next decade when it comes time to get one that meets my requirements.
@donaldbanner2185
@donaldbanner2185 13 күн бұрын
Nice insight to Dealer STRESS....& internan workings....Sadly the nicer cars are Very hard to come by...... So some of us end up paying over MSRP.....Some Rare vehicles are worth this (FEW) However, @ 5K you had better do your homework....I backed off on a LEXUS " LFA" @ 5K above MSRP....DUMB Me!...Oh well!
@markholubetz
@markholubetz 13 күн бұрын
Well said! Yes the great cars are often overpaid for and rarely ever go to the end.
@halestrum77
@halestrum77 13 күн бұрын
Oh man; you would have been a millionaire right now if you bought and kept that LFA
@donaldbanner2185
@donaldbanner2185 12 күн бұрын
@@halestrum77 Sadly DUH!..........V 10's Sound Z BEST!
@halestrum77
@halestrum77 12 күн бұрын
@@donaldbanner2185 it's a whole symphony on wheels 😁
@michaelfelt5130
@michaelfelt5130 11 күн бұрын
I believe you should have directly said the ONE thing that your long series of what happens to cars entail: that carmakers will do damn near ANYTHING rather than lower their prices for their primary market (ie US). That they simply will not ever allow American consumers to think that if vehicles don’t sell at the high prices that they will truly substantially lower the prices. They’d rather do all those ten other things before they truly lower their prices for American people. They’ll sell the cars dirt cheap to non-Americans; they’ll scrap them, before they’ll give Americans a break. Pharmaceutical companies are the exact same way. Americans need to stop waiting for deals the carmakers will never give us. At least unless we move overseas.
@freetolook3727
@freetolook3727 12 күн бұрын
Maybe automotive manufacturers should sell vehicles like Dell sells computers. You go to a dealer, tell them exactly what you want, settle on a price, then place the order. That way there aren't any unsold units.
@stevereimer5254
@stevereimer5254 12 күн бұрын
In 2014 we ordered a Forester (2015) and waited nearly 3 months for delivery. The only way to get a manual trans at that time. Worked for us but would be a problem if you needed it right away.
@mattm1686
@mattm1686 10 күн бұрын
Boy, those car graveyards are the ultimate example of corporate greed
@cyronader
@cyronader 13 күн бұрын
we are seeing 100+ day inventory levels WITH dealer markups.......so obnoxious
@NYVET48TFW
@NYVET48TFW 10 күн бұрын
Ram is a Dodge...it's not a brand, it's a model.
@markholubetz
@markholubetz 10 күн бұрын
They called it a Ram now as a brand but yes originally it was the model and Dodge is the make as my 2003 can attest.
@user-hb9fp4vs2f
@user-hb9fp4vs2f 12 күн бұрын
They go to carmaxx!!!
@markholubetz
@markholubetz 12 күн бұрын
Used cars do but new…..
@NemoBlank
@NemoBlank 12 күн бұрын
Buying a new car is worse than a root canal. Tesla has the right idea.
@markholubetz
@markholubetz 12 күн бұрын
Everybody loves a dentist, lol
@scottymoondogjakubin4766
@scottymoondogjakubin4766 13 күн бұрын
If the dealership sold a year old car at msrp its still not a total loss for the dealer ! Better to somehow shuffle the paperwork to break even or sell the consumers accessory's and tech they dont really need !
@saulpulido9937
@saulpulido9937 12 күн бұрын
If a dealer sold that yr old car at mfsp he woukd still make $$$. Dealers get incentives from mfgs on those yr old cars.
@profitpurpose
@profitpurpose 12 күн бұрын
why is there a dealer protection act ? Are they endangered
@markholubetz
@markholubetz 12 күн бұрын
Haha
@TrekTracks74
@TrekTracks74 12 күн бұрын
At the end of the day though we are trying to find “deals” on cars that are mostly all cheap garbage at premium prices, I have ZERO interest in their souped up Go-Karts, build real fucking trucks or get the fuck outta here!
@markholubetz
@markholubetz 12 күн бұрын
Quality is key to all of this m. It’s the foundation.
@OOICU812
@OOICU812 2 күн бұрын
They'd rather dismantle these vehicles than sell them at low prices to Americans who need an affordable car. Since the government has its nose in everything, why don't the come up with a program where they partner with car manufacturers/dealers to provide needy Americans with these "unwanted" cars?
@Star-fc4ni
@Star-fc4ni 12 күн бұрын
But if you repeat it over and over and over and have so many commercials people start to believe the propaganda. The power of suggestion can open more key holes than you will ever imagine.
@markholubetz
@markholubetz 12 күн бұрын
Yes it will
@SrtChargerOldMan
@SrtChargerOldMan 8 күн бұрын
Don’t worry, they have deep pockets
@mjmohn
@mjmohn 12 күн бұрын
Just wait until the vehicle system kill switches are installed at the factory. Sales of new will plummet ... to zero. Old used cars will be cherished like your current Ram. Cheers.
@mzznewyork5406
@mzznewyork5406 4 күн бұрын
QUESTION ; WHERE DO THE LEFTOVER CARS 🚗 GO 🤔 👀 IM CONFUSED😕YOU DIDN'T SAY
@tonyn3227
@tonyn3227 5 күн бұрын
Dealers don't care how long they sit on cars, they keep prices high till the end. They rather pay those fees than actually give you a descent deal. They just don't give a shit. Very few do. Thats why i drive the best, tesla mode3 ,
@lancewalker1999
@lancewalker1999 3 күн бұрын
get ready to shell out for tires at about every 20 thousand miles.
@Vincent-ke5zn
@Vincent-ke5zn 13 күн бұрын
I don't want any vehicle with "lot rot "
@markholubetz
@markholubetz 13 күн бұрын
Same here. Either that or it has to come very cheap
@user-gm3sc7ol3h
@user-gm3sc7ol3h 13 күн бұрын
Could the days of those “blood sucking” dealership salespeople and finance managers be numbered??……I hope so….I simply cannot stand those people….
@esteban1487
@esteban1487 13 күн бұрын
Auction block?
@markholubetz
@markholubetz 13 күн бұрын
Yes auction house to get sold....hopefully to another dealer
@katana258
@katana258 12 күн бұрын
they ship them to south america
@markholubetz
@markholubetz 12 күн бұрын
Yes indeed off to many developing nations too
@glennso47
@glennso47 12 күн бұрын
Or the Mideast and used for military purposes?
@glennso47
@glennso47 12 күн бұрын
What if they have a new Model T? 😊
@thomashelm6931
@thomashelm6931 12 күн бұрын
I can see new old stock being sold in 3 rd world Countries, with incentive T-shirts preprinted with that year's loser of the Stanley Cup. Perfect match
@atlasnetwork7855
@atlasnetwork7855 12 күн бұрын
3 and a half minutes in we are still asking where cars go when they aren't sold. Well if you can't explain it in the first 30 seconds, you're probably never going to explain it to me.
@slalomking
@slalomking 11 күн бұрын
Yep, got to have you hang till 10 minutes, that’s when the algorithm pays the KZfaq influencer
@139rabba7
@139rabba7 12 күн бұрын
my wife thinks that i look like you..... i am handsome by the way :)....i love your channel
@patpeacock8150
@patpeacock8150 7 күн бұрын
They sell it to the dealership
@roshglock
@roshglock 11 күн бұрын
People aren't broke. People dont want to pay ridiculous prices for vehicles especially trucks.
@RKmndo
@RKmndo 11 күн бұрын
Yup. I make around $100K from my job. I'm financially independent of needing my job. FICO score is around 800. I'm not buying a new car. At my house, we can machine, weld, 3D print, fabricate, troubleshoot, etc. I'll buy used forever, and just keep them running.
@TechJedi29
@TechJedi29 12 күн бұрын
I am pretty sure your 03 Ram and my 03 F150 Are almost considered collector cars at this point... Baha
@markholubetz
@markholubetz 12 күн бұрын
Haha I agree, maybe we can get the collector plates and cheap insurance.
@TechJedi29
@TechJedi29 12 күн бұрын
@@markholubetz insurance and cheap never go in the same sentence. Love your content keep up the great work.
@ClarenceCreekwater
@ClarenceCreekwater 4 күн бұрын
If I were going to spend 95,000 on a vehicle, it would be a '69 Camaro. Yes, they do exist.
@Janise-pg8yr
@Janise-pg8yr 12 күн бұрын
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.,..
@Daniel-ss7ri
@Daniel-ss7ri 12 күн бұрын
A robust strategy is crucial for any investor's portfolio. When it comes to making high-stakes decisions, the greater the risk, the greater the potential reward, and it's wise to seek guidance from seasoned professionals.
@Manselus-uy3kz
@Manselus-uy3kz 12 күн бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@TaniaLato-ky4wo
@TaniaLato-ky4wo 12 күн бұрын
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
@Manselus-uy3kz
@Manselus-uy3kz 12 күн бұрын
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@TaniaLato-ky4wo
@TaniaLato-ky4wo 12 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@Aikynbreusov
@Aikynbreusov 13 күн бұрын
How do the FBI agents know what to take from the house????
@markholubetz
@markholubetz 13 күн бұрын
They figure it out
@mikythesaint6507
@mikythesaint6507 13 күн бұрын
There not selling because the cost is way to high. all the trucks you have shown should be 40% off at least. 2017 models were the right price in 2017 , now its a joke , not surprised people keep their old truck 😞So much for the Green new deal , all this waste.
@ericr939
@ericr939 6 күн бұрын
We’re do the cars go wtf happened to the answer 😂
@richardgiacomotti404
@richardgiacomotti404 13 күн бұрын
👍👍👍
@janetvakili2946
@janetvakili2946 3 күн бұрын
Oh man, yak and yak. Never says anything the whole country doesn't already know.
@markholubetz
@markholubetz 3 күн бұрын
Actually many people I have come across had no idea of any of this detail
@Humanist920
@Humanist920 11 күн бұрын
Jeep is just going to go bankrupt I guess. They don't budge on vehicles over a year old more than like 2k. It's just INSANE.
@slalomking
@slalomking 11 күн бұрын
Jeep is living on there past glory, will fail soon.
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments 12 күн бұрын
Whats with the plotter in the background?
@markholubetz
@markholubetz 12 күн бұрын
Make vinyl decals for the biz
@TheKingOfInappropriateComments
@TheKingOfInappropriateComments 12 күн бұрын
@@markholubetz Rad. So like, I can get a peeing calvin? I want to get a peeing calvin decal showing the brands of the top 5 cars that will not last 5 years. So basically Jeep.
@azmike3572
@azmike3572 5 күн бұрын
Okay then, where can I find Ferraris and Lambos that don't sell? 😊
@moondar8660
@moondar8660 9 күн бұрын
are they conveniently stolen by the chop shop?
@frankiebflat5728
@frankiebflat5728 13 күн бұрын
Damn
@markholubetz
@markholubetz 12 күн бұрын
Right?
@goodday126
@goodday126 12 күн бұрын
The public doesn't want turbos or hybrids. Pure electrics are fashion accessories for people who already have real cars.
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