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The Big Six publicly-traded car dealerships (Lithia, AutoNation, Group 1, Penske, Sonic, & Asbury) have offered their market predictions for 2023, with the biggest one being a sizable reduction in their gross profits for new vehicles as inventories continue to increase. Ray and Zach have been predicting this for months; if you won’t take it from us, take it from the dealers!
Watch more new videos about Car | Synthesized by Mindovermetal English
No reason for the car mfgs to increase inventory. They are doing well keeping supply short.
I have a interesting car flip I’m going to execute with odd dynamics. Do u have a email?
I have a question. I purchased a 2015 nissan rogue and within 3 weeks of having the car they had to replace the transmission.
They provided a rental at no cost but then I just got it back last Wed. Then Tuesday I paid my very first payment.
And yesterday it was towed by AAA and I guess it a cracked bolt in the differential. I dont feel safe in that car. I loved it too but what can I do to get another car without having to deal with the cost of the old loan?? I need help.
I have a question.
I sure wish I could have seen and k own about your videos before I purchased my nissan in January.
And then next month you're going to say dealerships had record sales again!
Steve from Florida I enjoyed your video but incinnatives has kinda of started with some dealer offering lower interest rates but ya know people's budgets are so strained its not going to help a lot we will see bye for now and all be safe
They already are.🎉
It seems that people are bypassing this car and it's a Chevy. My personal opinion only. I own a 2018 Equanox which now is turning 100,000mi. My brother in law has a 2014 close to 100,000 mi. And just bought a 2023 for his wife. My daughter has a 2022 and loves it. I've never had a problem and will buy another after things quiet down in the car prices.
If you cant buy with cash and need to finance just make sure you pay it off in 3 yrs or less.
Why incentives ,just reduce the price. Ta Da automatic incentive.
I just bought a new 2023 RAV4 Hybrid Limited at MRSP. I ordered it in June of last year so 8 months. The good news is they got 4 hybrids the same day and a lot of regular inventory and I live in a small town.
When should I buy? I need a car.
I just got offered $7000 off of msrp for a 62k 2023 mercedes glc300 4matic coupe. I’ve been lowering the price by taking one offer against each other at the dealerships the last 3 weeks. Is that a great deal or can I get lower?
Tomorrow. A monkey says don’t buy cars. The next day. My mom says don’t buy a car. LMAO. It is too much.
I was looking to buy a brand new 2O22 Miata Grand Touring which are still around but they have to drop the prices another 2k before I will pull any trigger. Or offer better incentives for the 2023 model.
I would like some help from a dealer here or advice…
THAT PARTY HAS SAILED !!! These Auto Dealerships MADE MILLIONS IN the last 2.5 years. And believe me they will all loose future customers for SCREWING THEM WITH Market Adjustments!!! So. These Dealers will now have to work a Deal like it supposed to be and Discount The Vehicle to get the sale period. I am a Retired Fixed Operations Manager 34 years !!
Please please please can you add captions to your videos
My hearing is very bad and I do not want to miss any of your information and great comments . You guys make me chuckle inside
Keep up the great work
Floyd
Thoughts on Subaru? Mine was totaled in Dec '22 and I'm trying to hold off buying. The 5 dealerships in Houston are all at MSRP plus TT&L without budging.
I'm in NC and previously-owned car prices are now going ⬆️ – Here, and 400 miles north, of me. …?? Is it about extracting more profit PER car .. And waiting for the right dumb person, every time?
I have been watching for a few months and they have said the same thing every time.