Dealers just SIGNALED the Car Market Collapse! Nobody is Buying Anything! скачать в хорошем качестве

Dealers just SIGNALED the Car Market Collapse! Nobody is Buying Anything!

Dealers are sending a clear signal right now... They're hoping the tariffs will save them, but I don't think they'll be so lucky. Inventory levels are through the roof, interest rates are still super high, banks are not issuing auto loans like they used to, and trade-in values are extremely bleak. Dealers just SIGNALED the Economy Collapse! Nobody is Buying Anything! Dealers are beginning to panic. In this video I discuss the following points: Countless unsold 2024 carryover units still on dealer lots... Were in this permanent stalemate The Tariffs will give dealers ammunition to trick people into making impulse purchases for the next 1-2 months then that’ll stall out. Employee pricing still allows the dealer to make several thousand on you. That not even considering the financing and protection packages they’ll try to get you for. Overflowing inventory… overflow lots are overflowing. Turning away allocations… Flooring costs are consuming dealers. Flooring costs are the expenses a dealership incurs when holding vehicles in inventory before they are sold. These costs can vary significantly depending on factors like the vehicle's value, interest rates, and the length of time it sits on the lot. Dealers generally finance their vehicle inventory through floor plan loans, and they pay interest on these loans. Dealers in theory also face depreciation and storage costs. Vehicles on the lot cannot be subject to tariffs… yet you will undoubtedly have dealers trying to hike those prices under the guise of tariffs. Don’t fall victim to that. Days on lot times are increasing across the board. 60-90 days is what dealers shoot to have a vehicle sold in. Many examples are 300 days and up. Jeep and Rams are often 400 and up now. People are keeping ahold of their vehicles right now. They’re not trading in every 3-5 years… they’re maintaining their current vehicle. So many dealers are covered in 2024 units Wholesale values have gone down tremendously over the last year… 18-20% People don’t have equity on their Trade Ins right now… $7200 being the national average. The fewer trade ins is impacting the used vehicle market… BUT the number of repos are balancing it out. 1.85m repos last year the same or up to 2.1M is expected in 2025. Often times, Used Vehicles are more desirable than the new crud coming out from manufacturers… Toyotas prime example. Reliable platforms with greater quality… and lesser price tags. Highest levels of auto loan delinquencies since the 08/09 recession. We are expected to surpass that by end of year. Banks are denying loans. Current prices combined with interest rates are making vehicles even more unattainable. This is just the pendulum swinging back after all those banks issued inflated auto loans throughout the last 5 years. Sometimes up to 150% loan to value to account for markups being charged by greedy dealerships. Supply chain costs will force vehicle manufacturers to eat their added costs… let them get absorbed into profits. What this truly means is… quality will undoubtedly go down. Manufacturers cannot hike prices. They don’t get that luxury right now. Average new vehicle sales price of last year was $48,405. Which was $33,560 just 10 years ago… 2015. Dealers will leverage tariff talk to spook you into making a “pre-tariff” purchase. Don’t call your dealership to ask if now is the time to buy a new car. - That’s like asking a real estate agent if it’s time to buy a house. We saw a 13% jump in new car sales in March due to tariff talks $41500 average amount financed for a new car last year... expecting even higher in 2025! Let me know your thoughts on the car market. What is the direction you think we're headed? What will it take for YOU to buy a new vehicle this year? As always, I sincerely appreciate you taking the time to tune into these videos, your support means a ton! If you found any value in this video, please consider Liking and Subscribing for similar content. Thank you! -Stay Untamed... #carmarket #vehicles #marketcrash #tariffs ENGAGE WITH ME ON INSTAGRAM: @untamed_motors