This is what making a $4 MILLION mistake in the car business looks like! 

I'm all for it, FUCK markups

Here's hoping

There won't be enough chips to meet demand until 2024. I think they will be okay until then.

If they have some skill they seen what was happening and the chip shortage isn’t over yet lol so I the values will still go up lol

@Joshua Jones at least in Detroit, there are f 150s parked that are missing chips. They can drive but they're not ready for the consumer.

Same here Ed, not my cup of tea.

It's the type of car you get, when you think you're better than everyone else

It's all hype.

Bitches love G Wagons, Post knew it too. G Wagon G Wagon G Wagon all the housewives pullin up...

My family had one in 2008. It looked cool but that was it. Tiny interior and 9mpg.

haha i hope the buyer for that dealership sees this video! hahhaha

@@peterstainer731 Your numbers make 0 sense. Even if you made 250k, 50k left over means you paid 80% in taxes?

@@bogdanmudryak yeah I did it’s called socialist Los Angeles California they take all your money if you don’t have an LLC and you do crazy random shit with cash and then make even more cash they fuck you over immensely because they are jealous liberals that don’t know how to make money they only know how to spend it and take it

@@bogdanmudryak that's how you know you've got a liar on your hands.

You're in northern California no shit people have more money than brains and can afford the price no matter what it is the rest of the country that isn't the case and it isn't going to last this bubble is going to burst; the car market, housing market, groceries, rent ect what goes up must come down and I feel when it comes down it's not just coming down it's going down in a catastrophic failure set up in flames...

An probably capped the Commish....

All that matters is who you give the loan to. If you give a loan out for 150% over sticker but the chump pays his bills every month, not an issue. If you give a loan out for 75% of sticker with no repayment, good luck getting full value back after repo is all said and done.

Banks routinely give 110-115% loan to value on new cars to pay for TTL and often leave in wiggle room for service contracts. Another 5-10% for someone buying in the $100k+ luxury market does not seem like a huge cause for alarm.

There’s a saying in commercial loans. If you don’t have 50% equity, you have no equity. Giving chumps who pay 125% loans sounds great until you get a monster wave of defaults and repos. A whole bunch of credit unions are gonna go under entirely after this year. The total losses in this space is gonna end up in the billions in a year after the repos pile up and there’s no buyer for all the bad debt and deflating cars.

They've always done this. Tier 1 credit at most banks will get your 145% to 150% out the door. This includes all taxes, state fee's, any trade in negative equity.

I love it when bubbles pop lol. Makes shit super cheap for me to buy lol

Never.

;; HOLY CANOLI...

Insane.

Amazing. How did you get it at sticker? Everyone I know that pre-ordered and got their allocation still paid an ADM, even before the crazy run up in prices.

@Ian Visser still see them around too

@Ian Visser where you can buy a 500 hp Land Cruiser?

You've got the best sounding V8. The 55's were amazing 5.4L engines

@Ian Visser Why would he trade a car he likes for something else? Nothing drives like a G-Wagen.

@@bwofficial1776 because it's an overpriced overhyped status symbol turd? That's why.

Does the typhoon count?

@@DM-jh9eh Oh, it sure does!

Does my Tahoe count?

Does the LM002 count? 😀

Dodge Durango SRT

I feel like if people are idiotic enough to pay over sticker from a dealership who clearly did nothing to justify a markup on a new vehicle then their stupidity is on them. My dad met someone who paid $90k on a fully loaded gv80 with a sticker around $68k-$72k and drove it 300 miles before deciding to sell it for $55k back to the dealership to go buy a srt durango for $100k (not even a hellcat Durango).

Nobody named Jalen needs to give money advice. Your watching to much RU-vid

@@KA-om9oz Your mom seems to like my name quite a bit.

Seems like solid logic to me.

@@KA-om9oz lmao

I'm waiting for the collapse. I want to pick up a modestly-sized house in a decent neighborhood for a reasonable price.

If history is a guide then no. They'll depreciate but not that low

which 65 AMG can you get for under 15k?

You could never buy a used g wagen for under 50k and that was pre pandemic, pre inflation.

@@pepecz s600/s65amg

@@jrocxzs well the local drug dealers are able to move up from their G35/37's to s550's and if they are the plug a S63

Check out Whistlin Diesel's channel for an 80 ft G Wagon jump

Maybe, but the world is a big place and the usa is not the biggest importer of G's. Most of the G's goes to russia and china and the middle east. Usa imported about 8000 G's in 2021.

@@bounzig Recently it’s US so…

I wish I could buy a G-Wagen for $49.99, I've paid more than that to fill my gas tank. Now even the beat-up military G-Wagens are $40,000.

OHWELL RITE

Thanks!

Most of these cars are being sold at “high end” used dealers so there’s no connection to the manufacturer.

Why, it is fun to see greedy fools crash and burn, it happens all the time just buy yours when everything bottoms which it will

If demand is high, then make more and don't charge more. Thats not how economics works. Especially not for high end things. Enzo Ferrari said roughly that he wanted to make 1 less Ferrari than people want, to keep the price and prestige high.

congrats and wishing you the best

@Rose Understanding your financial needs and chalking out a plan is very vital. If I could advise you, seek the help of a professional. For the record working with a consultant has been the best for my finance

@Rose Join ⬇️⬇️

multiincplat_

Multiincplat_

you are highly overestimating the financial literacy of only fans models

@@fcscouto when you sign up for OF you get tax information. Almost everyone uses tax prep software or an accountant. Everyone knows about heavy vehicle full depreciation. This isn’t some new or obscure tax law. The Hummer used to be the poster child for this tax law. Now it’s the G. Only Fans models are definitely more financially savvy. Hence why they don’t work W2 jobs like the overtaxed working peasants who punch clocks. The RU-vid influencer life is built full around your life being your business and therefore being able to deduct your whole life. Everyone who does this stuff seriously and makes any money that matters knows all of this. Why give the money to the IRS when you can buy a G wagon instead. There are a few of them running around here with commercial vanity plates about fashion, modeling, and other activities ;) even a AMG 63.

If you have an excellent credit score and/or cash you should be able to pick up a good deal. Porsche Cayennes are starting to drop in price and I think the 911 and Caymans should drop in the near future. At least I hope they drop enough to pick something up for a decent price.

OUCH

I have a diesel manual G. It would be a horrible daily. If you're talking about a post 2000s European G350 then that's a different story.

Lol no it wouldn’t

@@bebin73 Jeeps suck to drive too, plenty of people still drive them.

@@bwofficial1776 this is true. Jeep wranglers are super popular here in the Midwest. I don’t get the appeal. Other than they can be heavily personalized and modified fairly inexpensively. They are trash to drive and are nothing but plastic inside. No comparison to a G

Which dealer is it?

@@henriksyrrist8806 Mercedes Hoffman Estates

Short term trading is much preferable considering the current market fluctuations.

Really am confused especially in the market analysis, how do people take advantage trading them??

These are what beginners do think, me to I used to think the same way...Thank God I met Mr Tom Hutchinson ...he helped me in trading and inculcate how the market works..

I'm also a proud beneficiary! I've built my portfolio massively and still building. My weekly earnings from his strategies are mind blowing...

Who's Mr Tom Hutchinson ?!

Here in Alaska people were bringing $30-$50k cashier's checks to open houses or even just walking in unscheduled and unannounced to another buyer's showing because they saw the sign in the yard or the realtor's car in the driveway and starting a bidding war right on the spot. The cashier's checks were IN ADDITION TO THE ASKING PRICE. People were buying $300K houses never having visited the state, off the internet, sight unseen. One couple I know was pre-approved for the sales amount, told the seller they would buy the house at asking price, seller agreed to the sale, drove to the bank to finish the paperwork and the seller called them before they had completed the paperwork to say someone had just given them a bank check for $40K over asking price. I think they said they lost or narrowly missed 5-6 houses due to similar events. These were nice but not exceptional houses in the upper $200K, lower $300K range.

@@itsmatt2105 that's crazy. Everyone who bought a house in the last year and half is going to be upside down when these prices go back to normal. Whether it be in a year or 3.

@@Frossyt The bubble market, bringing cashier's checks to house showings started BEFORE COVID. It was mainly in the population center, where over half the state's residents live. My friends who lost out on the 5-6 houses told me about it and I was mystified. Oil production, by far the biggest driver for the state's economy, had been and still is declining with no expected turn around. Best we can hope for is for new production coming online to slow the decline but oil in Ak is never going to stage a comeback and there's nothing else to take it's place. I strongly advised my friends to sit tight as long as possible and wait for the bubble to burst but they have several kids and were living in the guest quarters of his sister's house and they really did need to get a decent place to live which they finally did through friends at church. They paid a high price for the square footage but the location and neighborhood is great and the sellers could have sold it immediately for $60-$80K more than my friends paid. Plus, they got the really low interest rate so they didn't get hurt. But I'm with you, the value fundamentals of the housing market aren't there, it's a bubble, everybody (should)knows it but, due to COVID and all Biden's "free" money, lots of people ignored the signs and waded in.

@@itsmatt2105 I can understand maybe 50k over but these people who are literally paying 200k plus for a house that's only really worth 200k is the people that are gonna really get hurt. I just never thought I'd see a day where a 300k house overnight sell for 800k. It's insane. I mean I understand that a home can increase in value, that's typical but 3x or 4x is what I mean.

@@Frossyt I haven't heard of any California-level price increases up here but when Ak's economy busts, it REALLY busts and it's closely tied to oil. I'm a general contractor and I've heard stories of the bust up here in the late '80's where the prices dropped so fast some builders had to bring checks to the closing to make up the difference between what the buyer was paying for the brand new house and how much money the builder had borrowed to build the house. That really hurts. Not only did he work frantically for most of 6 months and not get paid, he had to PAY to get out from under the mortgage!! He could have stayed home and sat on the couch and been money ahead.