Car Dealers CAN'T SELL Their Cars, So They're DOING THIS...

Fire sale! Im a salesman for benz, this CDK bullshit is killing us.

It’s stupid how dealers would rather lose 5 grand selling their car at the action. Rather than losing 5 grand selling to a customer who could bring their family or friend or come back in the future to give you more business.

Greedy prix can all go under. I have zero tolerance for their four year gouging on consumers

I have friends who are sales managers or GM's at franchise dealerships. The owners are old-school dinosaurs and feel that selling a vehicle for a loss at the dealership comes with liability. They would rather sell it at auction and feel they've washed their hands of it. They also believe that it affects their gross average, and they look at vehicles in two separate buckets wholesale and retail. Their ego gets bruised if the gross on the retail side gets skewed. They would rather take a wholesale hit and know that most dealers do from time to time. It's really a game of egos. The customer doesn't realize that the dealer overpaid for the trade to get the deal done and already packed that amount into the new vehicle. Ego's are HUGE in the car business and often get in the way of sound decision-making. It seems like 2020-2023 gave them permanent brain damage.

$4700 for that 23 year old Tacoma is insane.

Prices are still way to high for these pos cars.

Is this channel from a parallel universe where car prices are actually coming down?

Why can’t the public attend car auctions? Why is a dealer license needed. I say we cut out the middleman and let the public purchase vehicles at market prices.

Recent Tacomas have been having way too many quality issues. They are coasting on their reputation.

New car dealerships, have price gouged for so long, that they have long since lost the ability to price for reality. The soon(tm) crash of new vehicle prices and potentially new car dealerships going bankrupt is a beautiful thing to all of us car consumers who have had to put up with this BS for years now. It will soon be time for beer and popcorn, and then car consumers can enjoy the show

If I were to pay big money for any of those vehicles, I would go buy a fun classic car from the 60’s maybe early 70’s.

My car is three years old with 60,000 miles. Local dealer offered me next to nothing in trade. Told me tradein values have been declining. No explanation why all the used cars on the lot have not come down at all.

About a month ago I stopped by at a dealer to take a look at a 2019 Grand cherokee pretty loaded, 60k miles they had on display. Just for fun. They asked for $24k + all the fees and tax. They are still texting me. They are down to 18k OUT THE DOOR! Still way too high. Make them work for your money!!!

I recently went to a Kia Stealership and looked at a 2021 Nissan Maxima with 63K miles on the odometer. The price was advertised for $18K, so I asked for the OTD price after giving them my zip code. They came back with an OTD price of $24,737 with $4,495 in added BS accessories like tinted glass, door edge guard, etched window glass, and some anti-theft device. I told them the vehicle had been on their lot for over 5 months, according to Car Gurus, and they were still trying to take advantage of customers. I laughed in their face and told them to send it to auction. They have called me every day since and have lowered the price to $21,544 OTD, at which point I told them to go pound sand. I truly hope all the dealerships like this one go bankrupt for their dishonest sales practice.

The Toyota PU with the dents on the passenger side. It is called having kids with a stick whacking the side of the truck and doing so just because they can.

Take a look at those boats behind you. I'd be interested in seeing what kind of boats get brought to that auction.

The dented tacoma makes me think of hail damage on a windy day, under a carport

7:01 I started a small car dealership amd my method was everything under $5000 and cash only. I ended up closing when the pandemic started because I didn't have much capital, but I was planning to put up a huge sign that said all cars under $5000 Your ways are the closest ive seen to mine, no other dealers I was aware of wanted to sell cars in that price range. I wish I had stuck it out But I was worried about buying cars after the pandemic when they jumped up to What I was selling them for at auction I had no problemsellingit just had become hard to replace them.. I was averaging $1000 profit per car after repairs and cleaning them myself.

Used dealers in my area are stocking up on Mercedes, Honda's, and Hyundai's, and I mean stocking up. Give it a few more months of this and we're going to see some scary stuff. 99% of the population have no idea what's up ahead... hard times. This is also the last stand for the middle class and during the next recession in 2035'ish the middleclass will be wiped out for good. Real scary stuff ahead of us. Either you'll be making it, or you won't; we can now clearly see this in USA and Canada.

Love this type of video, showing auctions and the prices and your thoughts.... Great content