Brutally Honest Car Dealer - "DON'T BUY A CAR RIGHT NOW!" 

My car is 22 years old now and most of the things that are breaking now are simply due to age (rather than mileage)...and it's STILL cheaper than buying a new vehicle!

As someone who works in the financial industry, I can truly say that this video has some of the best financial advice on RU-vid for the average person! Thank you sir for informing the masses, information is power!

Problem is zero percent on junk is still no bargain. 💰🤑🙆💯🙄

I agree. Keep your car. I buy new and always keep my cars at least 15 years. Preferably longer.

As a guy who's bought and sold hundreds of cars along with leasing cars and helping Comercial companies who own fleets of cars this guy is telling you the best truth you can get. He's spot on.

I think there’s a lot of built up anger out there towards car manufacturers. People didn’t appreciate the way auto companies outright tried to bend customers over with these prices over the last few years. Personally I’d be happy if I never had to buy another vehicle again just to avoid giving another cent to a car company. My three pre Covid era vehicles are going to last me many, many more years and I am my own mechanic for the most part which is the best kind.

Car prices are so bad in DFW it was more economically feasible for me to build a nice shop and install a lift. I do all my own maintenance and repairs which has already paid for the lift. Plus it added tremendous value to my house.

Not ever financing a vehicle again. I’m stacking my Pennie’s and when I have cash I’ll go buy the used vehicle I want and it will be one that I can work on. I’m not financing anything the banks and kiss my entire ass. Pucker up buttercups!

Great advice. "It's cheaper to keep 'er!".

Always pay cash if possible. Car loans require full coverage insurance which is skyrocketing.

I'm replacing the manual transmission in my 2011 Ford Ranger for a third time. It's still cheaper than buying a newer truck right now. Thank you for being so honest!

I bought a new Ford Ranger in 2001 when I was 19. I drove that little truck until I was 40 and then sold it. I paid just over 11K for it new. That was the only vehicle I ever thought I got my money plus some out of. It was a simple four-cylinder, 5-speed manual, two-wheel drive with roll-down windows-just an uncomplicated piece of machinery that lasted over 20 years.

I would have to say that CQA vehicles are a rational, reasonable choice. - low insurance - no massive depreciation loss - affordable But not $100,000+ vehicles. It's not clear how stubbornly wrong-headed these folks are, regarding pricing. $15,000 cars, $20,000 cars, fine. If you live in a city, you don't even need a car anyway. Most of us, in the past, have relied on: - mass transit - bicycle - electric or gas scooter $100,000 is a HOUSE DOWNPAYMENT. Not a car. Not for most people anyway. .

“They” don’t want the average person to be able to own a car or home. It’s not really tricky to see what’s going on.

The COVID garbage screwed consumers in many areas.

Discounting a vehicle from 59K to 54K isn't even coming close to enticing a lot of us to buy a vehicle. Drop that 59K to 42K , with low interest rates.and they might generate some interest... pun intended.

Make sure you get them to put a fresh battery in the car when buying new. Who knows exactly how long that thing has been sitting there without a charge.

I bought a car a few weeks ago off of eBay and got an absolute steal, in a no reserve auctuon. I paid $4,550+ delivery for a 2015 Infiniti QX70, while dealerships are chwrging $11-13k for the same vehicle and similar miles.

I love how straightforward your videos are.

One of the best youtube channels for sure...HONESTY!!!!

Fantastic insights and a thorough analysis of the car market! The level of detail and practical advice shared here is incredibly valuable. Thanks for breaking it all down so clearly!

Car insurance has gone up a lot cause of the cost of repairs.

Anyone buying a new car and paying for the GREED factor may be insane.

Save your money and buy from an individual you will get more car for less money and you get to stick it to the big dealers.

STILL?!?!?!?!?!?!? STILL dont buy a car????? It's been like 3 years now that we've been told not to buy a car!

50 grand for a truck that’s crazy

If it's not going to happen, I'm never buying again. Prices may trend higher over the years, but not this absurdly high. I'll drive junk from here out.

I recently saw a local Ford dealership rented a lot for brand new inventory. I've never seen anything like it before. 200 Brand new vehicles that they couldn't fit on their lot! There is going to be some deep discounts coming up.

The local FORD Dealer's lot and any open space within 3 miles is covered in unsold brand new F-150's then, the Salesman will you that "Trucks don't have a model year. They're trucks."

The other problem besides the prices is the reliability on these new cars replacing engines after 6 months to a year or replacing engines at 60-70 k is ridiculous

My 2010 4Runner can’t pass inspection due to rust under the vehicle. Has 205k miles. It’s cheaper for me to pay a ticket for an uninspected vehicle than buy a new car at the moment.

I’ll drive mine until it drops dead before I pay $40,000 for a new car. I’d rather buy one of your $3,000 beaters.

I love how we treat 0% as it’s some new things. People, 0, 72 was so common before. Please stop taking advantage of 0, 36. That’s terrible

06 Sierra 240k miles..effen ENDLESS broken crap! Plastic door handles just broke off in my hand. Wheel hub packs x2 every 100k, fuel pump & filter assembly, 3 steering racks, 200k maintenance- belt & tensioner etc. , power steer pump, calipers, 3 transmissions. I’ve kept it because I’m stuck with it. And was ex wife’s driven gently on the freeway. 4.3 L vortec taken to church every 5k, will last to 450k. Painted it. Jasper transmission 100k will last another 250k if cared for as well. Installed massive trans cooler & temp gauge. Maintenance is still $300 mo right now. Big mechanical engine and trans will last forever so I keep fixing crap. Some please trade me !

Last new car I bought. Was a1995 Jeep Cherokee. It's still my daily driver. Over 400k miles.

I just spent almost 6K restoring my 2011 Ford Escape. It will easily last another 10-12 years. I love it and it was worth it. If I had purchased another car, it would have cost a lot more than that and also needed work.

This is hands down one of the most fun videos I’ve seen lately.

I've enjoyed your videos for several years and thank you for your consistency and common sense integrity.

I was in a bad car accident and recovered. Now I am trying to find a good used car and it is a strugle to say the least. There are a lot of used car dealers in my area that will not allow you to get a pre-purchase idependent inspection. I found one that I like and then had that pre purchase inspection only to find out the underside was rusted out. That saved me and sold me on always getting an pre-purchase inspection before pulling the trigger.

I don’t picture the prices going down. If they do, most likely 5% reduction I. Prices at best. I go on CarGurus all the e time and I don’t see much of a drop in the northeast.

Continue to delight us with your creative ideas. Your videos are a real treat.🖤😹🦈

My Toyota dealers wanted $791 plus taxes & shop supply’s to change the spark plugs on a 60k service for my Toyota Highlander V6. Toyota Engineering is so wonderful. I should have purchased a RAV4 4Cyl. I could have replaced them myself.

Next time im buying a used car, I am going to contact you. you seem to be a fair person. Thanks for Sir

Honestly, this content brightened my mood!

I'm afraid your probably right on the prices not coming down and we can blame the car buying idiots out there spending and buying trucks and SUV's they can't afford, I sold cars for a feew years in 2017-18 and I knew there was going to be $100,000 dollar trucks then cause my boss said thats what Ford had planned, I never thought I'd see the day when so many morons would spend that kind of money on a truck but they are out there, my wife works at a Polaris dealer and they just sold a Ranger for $72,000 and the most popular question she is asked "when are the prices coming down" she says when you stop paying it and there's too many guys that won't

I respect how straightforward you are. You also recommend paying with cash. The Ramsey way. 👍

Prices go up while quality goes down, no wonder they can't sell any cars.

Wages always lag behind inflation... rates won't go down fast. Look up stagflation and what we are facing for the car market....... disposable income was paycheck to paycheck before the pandemic... people will not adjust like you think. Life as we knew it is drastically changing (by design...)

I have been driving the same Ford E-250 Van for over 20 years now. It has 305,000 miles on it. Rebuilt the Transmission 10 years ago for $400. This is the Third Motor in it now. I bought the used motor off of Facebook Market place for $150. Had it installed for $900. Added $300 for new parts on it. Bought new tires for less than $ 400. It still runs good. I might end up having the motor rebuilt in the future and keep it going still. My yearly cost is so low. I bought the truck used for like $ 2,400 with 80,000 miles. I do most of work on it myself.

This man's talking the truth about car dealers and mechanics for sure.

I don’t give free loans to the government by overpaying on my taxes. I buy a bond so the government pays me interest. 4 week T Bills are my favorite.

I've been subscribed to your channel for a while, keep it up!

I still drive a 2002 and 2008 honda civic and a 2013 honda fit. I cant afford to buy a new or used car at this time. All three cars still run good to this day. Ive learned so much from your video. Thank you

I don't think car prices will drop, the reason is with the inflation, its raising the commodity prices. We got the BRICS countries going to announce their own money, it will mean more inflation for America as they start dumping the dollar, thus you will pay more for cars long term.

The prices went up because stupid people paid ridiculous prices for cars and trucks,got the ball rolling for increasing prices,if you’re dumb enough to pay these prices let the automakers see how much they can get out of you.

Hello and thanks for being honest and forthcoming. Just another day in paradise

I build in regular and cheap repairs to my old cars monthly, they are "beaters" but they keep running beautifully, and its not a headache for my mechanic because the work is not overwhelming.

Satan is the Lord of Lies, but even he blushes when hearing the words from a Used Car Salesman.

thank you for your honest opinion, I hope. I have been looking for a new/used car but I been having the feeling it's gonna take another year for the right price..

Local Ram dealer is now asking 12-13000 UNDER MSRP on 2024 Ram trucks.

Appreciate your honest advice. Watching your vids for around 2 years. You've been adamantly saying wait. I purchased a used vehicle on December 30th 2023. Car prices will continue to increase.

Back in Feb my vehicle was in a total loss accident by a illegal driver . Insurance company paid most of the loan but I was stuck paying off the vehicle remain loan. Just paid I off after 8 months with no vehicle.. I'm just getting to a point to find a used vehicle which I plan to place a extended warranty on the vehicle. Like you said things happen. My biggest issue I can't just go buy a car for cash. I'm on SSI. Which dealerships don't like.

I have 2012 and 2018 Camrys and I guess I'll just stick with them until prices drop. I would like a new one but prices aren't coming down enough. I'm just looking for MSRP and right now there are still add-ons but they are coming down too. I may also consider something like a 2019 Avalon. I'm a bit unsure about turbos and hybrids.

I bought a 2013 F150 in 2023 It was $18,000 (which I think was too much) and I still owe $6,500 (which I have set aside in an account that automatically pays $500/month) This is the only vehicle I've ever bought that I didn't pay cash for to own outright. I'd very much prefer to spend $5K/year on a new beater!

But the prices are NOT DOWN ! so sick of this nonsense.

Availability is exactly 1/2 of the most important factor determining price. Other half is demand.

I wouldn't even buy a new truck for $10 000; the license tags and insurance would still be high for years to come. I purchased a new truck in 2015 knowing they would be unaffordable in the next few years to come.

The best time to buy any car, new or used is the last day the dealer is open before Christmas. I've done it many times. For example, in '84 at a GM dealer I bought a 2-year-old Dodge U.S. conversion van, loaded & like new. At the time the Dodge dealer had the same but new less running boards & crosswire mag wheels for over $23K. I bought the '82 for a little under $9K & to seal the deal, they gave me a GMAC 2 year/24K warranty. I was the only customer in the dealership. In '09 just before Christmas bought a used '09 Impala loaded with 12K miles for under $14K. MSRP new was over $27K. It boils down to how bad do they want to sell it to how bad do I want to buy it?

The trick is to buy three or four different class $3,000 vehicles. Keep your eyes open for a well-aging car, stay brand agnostic. I couldn't imagine sitting in a penalty nox Civic for 20 years straight. Sure save money - I'd love to have one in the wolf pack. Sometimes you just want to roll in the panther platform, but you still need something for the dump. Cheap truck fun.

Been looking for a 7 seater suv last two years. Theres no way im paying that crazy price

I just bought a used 2020 Subaru Ascent! No regrets!

In Florida the used prices are still insane. You see cars with 200k plus mileage still getting $7-10K. I used to pickup cars for $500 and part them out, those days are gone.

Give us an update on your Tesla experience. Any repairs necessary?

Diesel FORD EXCURSION Market.. Still Kicking Ass.

Hoping that the tax payers will not have to bail them out again because that was stupid.

Graph also shows the demand for certain brands and what brand hold their value best over time. I think generally it speaks of what brand customers are happiest with their car. Toyota Honda Lexus #1,2,and3

just bought a awd prius its pretty nice tbh. its decent looking and the front looks like a exotic and the back looks like a spaceship

In North Carolina you have to pay Property Tax on your vehicles value YEARLY, makes buying new Totally unaffordable.

Nobody wants a family truckster , we want trucks! You know , 8 foot bed , extended cab V-8 ,4X4 , TWO DOOR TRUCK. They seem to be extinct these days.

If you save 5-8k you can buy a low milage vehicle from the early to mid 2000s that will run for another 20 years. I bought a 2011 Honda Fit that had 60k miles on it for 7500$. This was 2 years ago and it runs perfect. Just keep on maintenance. Buy your own tools, cheap harbor freight tools work fine for 90% of jobs. And it's cheaper than taking it to the mechanic

I just paid $1200 for a maintenance check for my 10 year old Outback. Everything was ok but they replaced fluids , spark plugs , serviced brakes and made some minor adjustments. It’s worth paying that every 3 years and not having to pay that to fix stuff.

I understand progression of pricing. However, the BIGGEST mistake consumers made was letting manufactors know WE were willing to pay any price for that NEW auto/ and CASH COW...

The dealership that I bought my 2021 truck from spams we with 10-12 texts & emails a month begging for me to trade in for a new one.

I work at a Toyota dealership in California and we still mark up all of our cars. The only ones that aren’t marked up are the tundras because we have an over supply of them

Brandon a quick word about rates. Lower rates don’t matter unless the 10 treasury rates also go down, since those are what folks use to set the benchmark for things like home and auto loans. Ever since the Fed has lowered rates, the 10 year has only gone up and so have interest rates. The Fed can lower all they want, but the market is calling their spending out.

The reality is that you can ALWAYS find a good deal and you can ALWAYS overpay. Always look for a good deal and when you find one, jump on it.

Wait out the storm. Hold off buying. Rent one instead for long trips. Then, tack on the miles on that rental.

Thank You for sharing. I will only buy used right now that I can pay cash for.

There are so many trucks on my local chevy dealer's lot. I have lived here all my life and have never seen that many trucks. It looks like the staging lot for a assembly plant!

Trying to time the auto buying market just depends on what the dealer and car OEM is offering, and how much inventory they have on lot. I got a new 2021 car in mid-Feb 2021 for -12.9% under invoice, free all weather mats, 8 miles on the odm, and 0% interest rate for four years (four payments left!). It was a pretty good deal on a new car. I admit, it was just plain luck, since if I tried to buy in March, I would've paid at min MSRP due to the semiconductor shortage. So time of month can be important... but I think what's more important is how desperate the dealership wants to move inventory (and if the OEM is offering direct to customer rebates and financing deals). If buying a new car, I would say Feb is the perfect time to test the waters for a new car... prior model year is being clearanced out (lots of OEM promotions), and tons of current year model coming in daily. They need to move cars.

Just bought a ram 2025 4x4 1500 blacked out edition....listed at 62354 paid 45950.....

I agree people if you can keep the car that you have do not buy the prices will come down really really really low soon New or used

Lower rates are already here based on what the Fed is going to do. We’ve seen rates go from 6.5% floor rate to 4%.

Great info brother 👍🏾👍🏾👍🏾

I bought 2021 in 2021 Tiguan on sale for total of 36K at 2.8% and that felt bit expensive. My payment is 540$ not bad compared to what’s been happening.

cars now have got silly prices ,now they have to put the prices down if they want to sale.

Been following, car edge, lucky, you and everyone else. I’ve been NOT buying a car for the last 4 years. My car is on its last straw and I hope it last another 4, when I can actually buy a new or used car at a reasonable price 😂

With every company trying to go EV it’s really hard to get a new car if that’s not the lane you’re in.

On your Bottom of your List of Trusted people you obviously forgot Politicians and Lawyers.

Great information