Buying new or used car is a financial burden on the average American. Only if America didn't design there cities to be car centric and made them walkable. Also big oil & gas an car manufacturers caused this problem.
First time I went to a dealership they offered “valet service” where they took the car I already owned and parked it far, far away, basically stranding us there. We were assigned a salesman who said he was new-he was actually the top sales guy. He quoted an insanely high price for the car I wanted that was originally a good deal. He did the whole “let me ask my boss” routine where he disappeared for hours. My wife and I saw he left his phone on the desk, which was dialed out-they were listening to us on the other end. Fuck dealerships.
That is considered eavesdropping in every state. I would've taken a picture of the phone to show it was actively in a call and then filed a police report.
Removing the profit motive is the only way to prevent moneyed interest from buying favorable laws. Every single state has laws that benefit car dealers. Voting for either of the two parties hasn't stopped that from happening.
That doesn't work, when they will go to the next politician that needs campaign funding and offer them the same deal until someone accepts. The only way to make any meaningful changes regardless of what party you vote for is to make lobbying illegal.
Honestly, we need to build our cities so they can be lived in without cars. Rebuild our rail systems and our public transit networks. Berid ourselves of single family zoning. Stop subsidizing suburban sprawl with federal dollars.
Definitely its better to be ripped off by a big corporation than a local fat cat? If you know ANYTHING about the car business you know that there is a dwindling amount of good dealers because now the dealerships are mostly owned by big chains. More choice is better. If you refuse to be an adult and be diligent when making one of your most important purchases there is no amount of laws that will fix things for you.
Have to completely redesign cities and make them walkable too. Can't just do one, have to do it all. Funny how they say America is about freedom, but you're extremely restricted on what you can do with your own property. All American cities are the same, government planned and controlled. In Europe cities are more organic, you can do what you want with your property. You can start a store in your garage. In America that's entirely illegal. Land of the free.
Oof. I get what you are saying but... America is MUCH bigger than either of those places. My state is bigger than the Netherlands, for example... I think a more common sense approach would make sense. Public transportation is needed. We just also need to acknowledge that cars may make more sense in places where there are more people than cows.
@@S.A.White... "It's too big" is something that Americans always point out, but... America was built on trains before cars were mainstream. Basically every city had major train stations, with very few exceptions. Even rural areas can have public transit. My family lives in an island that is extremely car dependent, and yet even that area has public transit that runs all week and is 100% free. All of this is possible. We, as a country, just have to put the will to do it.
It doesn't end with the dealers, either. I financed my last car, because needing a new car was a bit unexpected, and when I paid it off they were supposed to transfer the title to me. Annnd... they didn't. The financing company and I went back and forth for nine months, and each time the same rep would have me complete the same form and tell me I was all set, that all I had to do was go to the DMV and the paperwork was ready. And each time, they lied -- oh, but they'd have some excuse for why my car wasn't in my name -- they sent me the wrong form... I somehow sent them the wrong form... they didn't receive it (they used this one a few times)... oh, they miscalculated the vehicle price and I still owed them some money... my paperwork was lost in the system... I owed them yet another car payment (because it had been "more than six months" since I paid the car off, which somehow works out to me owing them money)... they had computer issues that somehow messed up my paper form... it was literally every nickel-and-dime variation of "my dog ate my homework" that you could imagine! Here in Florida, by law, this is all supposed to be completed in the first 30 days after the car is paid for... and they stalled for nine times that. My tag expired around the fifth month or so, and I couldn't get a new one without the title -- so for about four of those months, I was legally unable to even drive my own car (fortunately, we were in the pandemic at the time, and I was working from home, so the trouble from that was at least mitigated). The final time, I sent them 9 copies of the form, 3 by USPS, 3 by FedEx, and 3 by UPS -- all with signature required, all notarized. There was no way they could wiggle out of it and say they didn't get it or lost it or alien ninjas stole it or whatever -- they had NINE copies, and I had the signatures to prove it. But, sure enough, they didn't get it. So instead of calling anymore, I just sent an email, in which I made it clear that I wasn't gonna play their game anymore -- I was gonna let my lawyer have fun with that. And I made sure to not only send it to the rep who was yanking me around, but to cc the CEO of the company... and the COO... and the CFO... and the Marketing Director... and the Regional Director... and like half a dozen other people with equally impressive-sounding titles. It's amazing the email addresses you can find when you're ticked off and stuck at home! And what do you know, three days later and my car is in my name, "easy" as that. I shouldn't have had to do all that -- NO ONE should have to.
“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.” - MLK, Speech to the Negro American Labor Council, 1961. “We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.” - MLK, Report to SCLC Staff, May 1967. “The evils of capitalism are as real as the evils of militarism and evils of racism.” - MLK, Speech to SCLC Board, March 30, 1967.
@@AbBc-w4q "I already am eating from the trash can all the time. The name of this trash can is ideology. The material force of ideology makes me not see what I am effectively eating.“ - Slavoj Žižek
@1:51 As a female, I think Women need to be counted in this group as well. When I was single, I swear I could see the dollar signs roll up in their eyes when I pulled into the lot, garage, shop etc. It's a horrible feeling.
New cars aren't worth it anyway. They depreciate so much, and it seems that especially in the last few years, quality has taken a dramatic dip. Three year old cars where the radio has stopped working, or that have structural rust issues. Holding on to used cars for as long as possible is the most economic and environmentally friendly option. Good luck with your car. Mine's 39, coming up on 40 years old
The thing is for older cars most parts aren't being made anymore, so you have to go with used parts and that's a gamble. My dad's 96 Accord broke the flywheel flex plate broke and it's no longer being made so had to get the part used. With the costs of repair, that's definitely a way to force people buy newer cars.
@@josealfonsocontretas5724 It often takes some detective work. Often parts from other cars are the exact same, but the parts number changed. Or the manufacturer might not sell it, but a third party supplier does. It can definitely be a hasle, depending on where you are what car you drive
I have a 2017, I think I can drive it for another 12 years. I could afford a new car easily and I see a few cars I would love to buy but even though I know it’s a bad idea, what really keeps me from buying a new car is the dealerships.
I recently bought a used car… And it came with what I thought was going to be a excellent warranty based on the way it was described to me. Upon getting home I was actually able to read the fine print… Only to realize that there are zero circumstances where this would cover my vehicle. I then proceeded to call and ask many many questions only to have my suspicion reaffirmed. Thankfully, I did it within the first week of getting the car and I was able to cancel the warranty… And I saved myself $3000 off my loan.
"In 20 years, I won't be around to cash in. But my sons will. My grandsons will." This statement was made to sound honest and respectable and dependable. But it highlights the core problem of the car dealership system. It's a hereditary monopoly. It's a local mercantile dynasty. As long as this shit is allowed to exist, car dealerships will always screw people over, one way or another. You want free market capitalism? Then at the very damn least, live up to its principles. If you don't want strong market regulations, then at least make sure there's a market to bear down on car sales. Although, better still would be to uproot car-centric sprawl. Tax commuters their fair share for the infrastructure they use, and give the people a robust alternative to driving. The people have a right to live their lives and function in society without these giant metal tumors sucking them dry. Car dealers should not be made into purveyors of an essential product.
I hear what you're saying. And I would suggest that an inherent potential for abuse does not automatically mean such built-in opportunities for abuse are inevitable. I agree, that in our current sociopathic predatory culture, it is very likely; but if we start to better incentivize a greater moral responsibility over immediate material gain, then we can travel down a new road. Obviously, there are going to be bumps along the way; and a lot of interests, will want to turn us around; but, ultimately, it's up to us.
@@darinsingleton3553 If the system favors abuse, abuse is inevitable. The dealership model prevents accountability and it prevents market competition. People are guaranteed to be screwed over. No need for wishy-washy weasel words. It will happen. And it's a way of building unfair generational wealth. If you're the only dealer in an area, and if you're in a state that has laws on the books that essentially grant you a monopoly in that area (fun fact, corporate car stores like Tesla's are illegal in a lot of states, thanks to dealers), your kids and grandkids will get to live like vampires. Dealerships are like the twisted opposite of an estate tax.
@6:40 this video said there's a "link below" for us to click on to message FTC to show support for the proposed rules. I don't see said link... I'll come back later and hope the link is in the description.
Everything about Cars is a nightmare, even if you're filthy rich. The insurance, gas, oil change, inspections, all the other hidden fees. The risk of getting into an accident. Thats why I like the high end electric mobility scooters. The only expense you ever have is replacing the batteries every three years.
You'd think so, but while it is slower, I can't count the number of times I drove past all the cars on the pavement that were stuck waiting at lights. For short range travel it is nice. Cars are nice if you need to drive a long way away.
@@itsoktobehappy461 Don't pretend like you speak from experience, Troll. The high end models are great unless you need to drive a very long distance. Enjoy your regulations and constant expenses.
I've been going through the process of buying a car for my daughter over the last month. When we located a vehicle we both liked, we contacted the dealer and started negotiating. Since the vehicle was located in CT, and I am in NY, the fees were a bit of an issue. NY mandates no more than $175 for doc fees, but CT has no such limit. The dealer added $796 in a doc fee I refused to pay. When I explained how NY only allowed for $175, the dealer said, "Well, if I lower it for you, I have to lower it for everyone." I knew right there the Sales Manager was a piece of garbage, so I said thank you and hung up the phone. Their total add-ons amounted to nearly $1,500; in NY, it was $450.
Every time I went to buy a car, I was fighting the patriarchy and predatory coercive abusive manipulative sales tactics. Sexism and classism. It felt like going to a battle. I ALWAYS won. 🎉
Also, manufacturers shouldn't be forced to use dealers to sell their cars. Another byproduct of the strong arm of the dealer lobby. This allows them to charge over MSRP whenever they want, in order to boost short term profitability.
This is true. The CEO of Ford Motor hates that he can’t sell directly to customers. Dealerships selling vehicles 10-20% over MSRP hurts Ford’s reputation even though they’re a separate entity.
The problem isn't just the fees or useless finance products (like leather or paint protection). Dealerships, for the most part, keep the lights on from the service department. Walk into any dealership these days to get your car serviced, and you will be presented with several financing options if you can't pay on the spot. Car repair prices have gone up exponentially, and it is criminal that we are at a point where we would have to finance a loan on something like an oil change. I believe dealerships shouldn't exist in general, but I’m not sold on the Tesla online model either. We need to regulate things like trade-in values and interest rates. Even if we legislate things like fee transparency, dealerships will still find ways to make money from people's negative equity. It is simple, the more they sell a car, the more they make. While American culture wants to convince us there's this freedom to negotiate or bargain a deal and that it's all about becoming an educated consumer, it's all a facade. You are at a severe disadvantage no matter how much knowledge you have of buying a car; regardless, something like a car shouldn't be complicated. I'll end this with a story. One time when I was buying a car, I had been negotiating with the salesperson all day; they brought their sales manager in because we couldn't come to an agreement. I don't say this about many people, but the manager was a real POS. He tried every sales tactic on me to the point that he became furious and was guarding the door. At one point, I asked him what he did before getting into the car business. His reply was something that has always stuck with me; he told me he used to own a debt-collecting business, in which he would knock on people's doors with court orders, police present and take away all of their belongings as well as do things like garnish wages, empty bank accounts, you know just making sure people were repaying their debts. He was laughing the whole time explaining this to me; it's like he was really getting off on this. I want to remind everyone that these are the kinds of people that work in this trade (petty bourgeoisie). There are more honest and transparent dealerships, like the one in this video, but it's not the norm for the most part. It's predatorial, sick, unethical, and shouldn't exist.
2 things that make it way easier to buy a car from a dealer. Be in a position where you don’t need to buy a car immediately. And don’t finance it so you can force the dealer to quote you an out the door price. Always works for me. Process still takes forever
I was just sold a car a couple months ago and wish I saw this first. I wish dealerships actually talked to their customers and helped them buy a car that they liked instead of selling something more expensive that the person doesn't want.
From a former vehicle sales person and currently an insurance agent I can say the shadiest dealerships to buy from are the ones who have volume pay plans. Usually there's very little negotiation because they sell the cars at "cost" when in reality they have high dealer packs and scrupulous fees. They incentivizes the concept of "get as many through as possible by all means"
My mom has bought 4 new cars in my life. Each and every time it was like pulling teeth. She'd walk right off the lot as soon as they pull their nonsense.
You know, I actually looked for a new car in the Tampa area recently and can attest that they are all scummy. 1 dealership I was looking at a Toyota Prius and it was listed as 23k. I show up, do a test drive and a Manager walks up and asks "Are you ready to buy the car now?" And I said yes. Him and his salesperson return and they raised the priced to 33k. I immidiately said no and we went back and forth for hours and I got it down to 28k but that was still too much. The Manager was literally drenched in sweet cuz I kept calling him out, which was actually funny. I eventually walked out. He did call back and lower the price to 27k but i still didnt bite. Another Dealership around there I called tried to make me pay for an inspection before i showed and the sales lady was being super aggressive about it too. I didn't even bother.
I last shopped at a Toyota dealership in 1992. Their arrogance was palpable; I didn't stay long. Congrats guys on losing a customer, and the next generation after him, for life!
They don't have a dealership like this in FL either. So called transparent pricing is simply another come-on to get the suckers in the door. Go back and pause the video on the screenshots of the documents. They have the same obscene markups and BS charges and that's all before you are hit with the financing scams
Toyota and Honda have (had?) such great reputations that their dealerships basically run as "pay [near] sticker price or fuck off." We were told flat out by salesmen that they don't need to negotiate because they have no trouble selling cars.
It's nice to hear these guys own up to the practices. I pointed this out in a group setting once and the car salesman there was so offended that I would share my observations.
I dislike cars and what they have done to our nation but they are, regrettably, an American necessity now. With that said, I’m 55 and I’ve never bought a new car. I became interested in a new one with the new electric models available today but I’m completely disgusted with the dealers upping the price in the face of an ev tax rebate intended to make them more affordable. Now I’m not ever going to buy a new car - ever.
Everything about Cars is a nightmare, even if you're rich. The insurance, gas, oil change, inspections, all the other hidden fees. The risk of getting into an accident. Thats why I like the high end electric mobility scooters. The only expense you ever have is replacing the batteries every three years. You don't even worry about parking since you can take it with you anywhere. The only downside is that you're limited to 20 mph and 45 miles on a charge.
I walk out in 5-10 minutes unless they go along with my program. I’m spending 10s of thousands of dollars. No silly games for me. If they’re bad I don’t go back. If they’re mostly respectful just wasting my time, I’m very clear. I have a lot of money to spend. If you want it, please respect my time and wishes. My favorite thing to do is to tell them they have five minutes when they go into sales manager’s office to come out with a firm price. After 5 minutes I walk out telling the receptionist if they want my business they have to do better!
I just shop around for the car I want. Once I settle on a brand, I call every dealership of that brand in 50 miles and ask, 'What's the Out The Door price"? Last time I shopped for a car I got an OTD price just under sticker price. So I win!
We need Brightline and Japan Railway to create nationwide Shinkansen stations, based on the Japanese model.😢❤ Cars are a nightmare for the disabled and elderly.
I love the so much. The value of customer service has absolutely been lost in business and as a former customer service representative and a consumer, I cannot even begin to explain the value of customer service. Good honest customer service
"Man, I hate buying a car, its horrible!", "gosh darn, traffic is so annoying!", "Omg, we need to get all these old slow drivers off the road!", "WTF why are there so many drunk drivers???" Have you considered advocating for alternatives to driving? "WHAT NO WAY THAT SOCIALISM I AINT WANT NO WORKING BUS OR TRAINS"
For real. Especially for used cars. It's nearly impossible to find a car under 10K nowadays. Struggling people just simply can't buy any vehicle on the market.
Even if a dealership is not scamming me, has transparent accurate pricing I still don't want to shop there. They're a middle man. What value do they add AT ALL? Not all middle men are bad, some add value to the transaction, but exactly what value do car dealerships add to the equation? NOTHING. AT ALL. The only value they have is "You have no other choice." We consumers are sick and tired of dealerships whether they are scams or not we will take _ANY_ alternative.
Here is how you buy a car If a car is 10,000 you come in with 9000 and say I want that car. No payments , no financing ,if they reject that deal walk away. Go to another car dealership, never do financing, no loans pay for your cars in cash
Car dealers make a ton of money in financing, as much or more than the service department. They're not doing you any favors because you show up with cash. "Cash is king" is Boomer thinking. The world hasn't worked that way in a while.
I have bought two new cars. My suggestion is to get a car not exceeding 20K and pay it off early. Also, look for different "deals" and promotions, but definitely have good credit to get the best rates or get a used car by paying cash! I live in Florida so a new car is a bad idea.
Other than continuing the unethical practices of ripping people off and overcharging for questionable add ons, there is absolutely no reason why buying a car should be any different than buying something from Amazon. Pick the vehicle you want, the options you want and click buy. When your car comes in, go to the delivery dealership you selected and pick it up. Buying a used car should be the same. There is zero need for sales people or Finance officers or "closers." Buying a car has to be the absolute worst consumer experience there is with the possible exception of dealing with a building contractor.
Buy a car with cash, have your own financing together before walking in, know the blue book value, don't buy their stupid extended warranty insurance programs, and low ball the sales man. Find as many problems with the vehicle as you can, point it out to the sales person, and be OK with walking away.
we also need to push for more walkable cities and public social infrastructure so that the need for a car isnt as high given the social and ecological impacts. pushing for public transport and 15 minute cities will do wonders
I'm 55, and I have always seen the dealership car buying process as a laughable hard pass. There's just SO many red flags and flagrant cons. I have never even considered buying from a dealer. New or used.
Can we get investigations of the random charges on utilities/electricity and cell phone plans? Why does one pay Merchant function charge, Delivery, Service, basic benefit, AND Supply charges?
I'm sure there's probably a lot of great tips in this comments section but the one thing that will guarantee you that you are always negotiating with the actual price you will eventually pay for the car is to tell the salesman that during all parts of said negotiation, you always want the OTD price (Out The Door $). That's sales speak for the final price after tax, title, license and whatever other fees (hidden or otherwise) will be included in the final bill😉
Tesla probably has a lot to do with their "sudden change of heart". Nothing yet surpasses the convenience of visiting a website, selecting your options and seeing bottom line price. Consumers are likely willing to pay Tesla's premium for not having to interact with a car dealer.
Chasing short term profits is how you destroy your company over the long run. The bigger the company the longer the downfall takes. Sears is the perfect example.
A story that sure get covered. During the pandemic, Publix paid bonuses to their employees with gift card only later "tax" those gift cards from future paychecks. I haven't seen anyone talk about this attempt of new scrib money by corporations.
Other other idea We should also force u.s major banks to start giving higher interest rates in our deposits like they used to and re establish postal banks so that young people and the poor aren't disadvantage with starting out with little to no money and have an alternative to store some of their money incase of emergencies and actually generate a little bit of money for being responsible and storing their money for a rainy day. All These new changes along suggestions from my two previous post will incentivise development for high density low to mid income residential properties with close proximity to commercial businesses with walkable and bike friendly pedestrian streets and increase supply while giving people more options and having higher say. discourage high end residential, luxury homes and low density apartments from being built. Make pedestrian and bike friendly streets. As soon as people less need a car especially teenagers and young adults,they will be crying for us to come back and force to change their ways without needing ineffective legislation, as long as were not running our streets they will have their way.
I am interested in a particular toyota vehicle so I looked up that dealer and they aren't doing anything special. They're selling all vehicles at msrp which is pathetic- for example they have 4runners priced at almost 55k. That vehicle has been out for 14 years. In 2010 the starting price was $27k and the starting price for 2024 is $41k. Literally exact same vehicle. It gets older every year yet the price goes up. My point is that even if we could buy directly from manufactures, you're still gonna get screwed. It's just a joke anymore.
I think the biggest scam is in the service department. Took my car to a "reputable" dealer due to some weird suspension noise. After a day they called me saying there are all kinds off issues wrong with my car. They gave me this long list of suspension issues and quote me over $7K. When I saw the list laughed because they were totally wrong. Well almost. The only thing they got right was the tires. The rear tires were worn but front still have thread. Even if I had paid them it still wouldn't have fixed my issue because they did not even border to look at the rear suspension which was were the noise was coming from. I left them a really bad review. BTW it turned out one of the rear brake calipers was bad. The wheel was getting really hot. Paid a mechanic $100 plus part to fix it.
when I want to buy a new car I'm going to just go online and buy a Tesla. I will pay the same price as Hertz who ordered 100,00 cars in one order. It's so transparent and easy, I love it.
Does anybody know what he means at 4:02 when he says, "our sales people aren't commission based, they're paid on the volume of the cars they sell."? Isn't that commission based?
If you are buying new, do research beforehand and pay for it outright or do outside financing. If you are buying used just buy from carmax or a private party. Once the government steps in they always ruin everything.
Lol, More Perfect Union isn’t as radical as I’d like them to be as well, but that’s okay. They are still a good resource for identifying the various issues that Left-wingers talk about in a way that is more palatable to normal Liberals, Conservatives, and centrists.
