The Car Market CRASHES When THIS Breaks!

There are a lot of folks out there calling for a car market crash, while there are key indicators pointing to that and the possibility, there's really only one thing that has to happen in order for a true crash to happen.

The current state of car prices and truck prices continues to strain buyers, with many wondering when a market crash might provide relief. Financial news suggests that auto loan crash scenarios could become reality in 2025 as EV affordability remains a significant hurdle for average consumers. The combination of rising costs and personal finance challenges is creating a perfect storm in the automotive market.

00:00 - Visiting 6 dealers in search of customers
01:47 - Lexus Dealer customers and stock
03:22 - Toyota Dealer customers and stock
07:21 - Ford Dealer
10:02 - Infiniti and Mazda Dealer
12:08 - Large Used Dealers
13:08 - Large Chevy and GMC Dealer
15:31 - KIA Dealer
19:24 - Truck Ranch Used Dealer
20:45 - Build Wealth not Image

In the US there was nearly 17 million vehicles sold in 2024 with record profits. The only way prices come down drastically from where they are now is directly related to the stock market (Jobs and net worth). This controls and dictates buying decisions.
Rising Auto Loan Defaults What do delinquency rates tell us about the future of the car market?
Used Car Price Collapse? This only happens if New car incentives and prices continue to drop.
Insurance rates doubled almost everywhere across the country. New vehicle car insurance is much higher than older used vehicles.
Nissan is struggling, layoffs of 9K people
According to Edmonds $760 is the average new vehicle monthly payment
Repossessions are up 23% compared to last year, people just aren’t paying for their vehicles.
Not all cars are selling at the auction

[charlesserrano]

There have been youtubers claiming car market crash for about a year.

[kevintmerk]

It crashed for me personally. No more new cars. I’m buying beaters from here on out. Car insurance on new cars is just too much on top of the costs of a new car.

[craigfin]

Crashes are caused by fear. Most markets can handle a slow burn (slow low sales) to the bottom, but they can't handle a sudden drop (panic selling). For example, home sales are at the lowest they have been in 30 years. They are even lower than 2008, but so far prices have not crashed because the industry is doing a good job at keeping panic selling at bay.

[jayburbs]

Now I know who is always going slow in front of me when I'm actually going from point A to point B in my vehicle. 😅😂

[montefiveforty]

Your Sequoia is more reliable than any of those new vehicles you drove by.

[raymond_sycamore]

I bought a new 2023 Ram 1500 Classic 4x4 V8 HEMI regular cab with an 8ft bed on Dec 31st, 2024 for $35k off the lot. MSRP was $50k... you can find a deal, but just like the dating market, you just can't be picky

In my case I'm happy with the truck. I was looking for a good work truck on an old school platform.

[-bvxz]

I love this video format - well done !! And you just hang on to that old Sequoia !

[davelendzyk]

When I bought my Nissan Frontier Pro4X last October, I knew for a long time that it was the truck I wanted . If I had wanted to consider buying anything else, there was not much else to see . Very few Rangers, very few Mavericks . Very few Ridgelines . Seems like in the US they have more selection than up here. Lots of big trucks here if that’s what you’re looking for, but for me I wanted a smaller truck and a natural v6 . I’m happy with my choice .

[DaveInCanada]

The reality is, time moves on, and people need cars.

[DaveInCanada]

Very thoughtful video. Appreciate the insight

[DaddyGlez]

This channel is more informative-technical please dont turn it into another untamed channel talking about when the market will crash and car prices all day long

[paulboden]

Well, that was fun. Appreciate the sage advice. Old Bessie was the best of the bunch! lol

[MikeR]

The time to buy is just after the bull market ends. But you need cash or a very stable income. I bought a new mid sized truck in 2009, MSRP was 32, 500 and I got it for 17, 500 plus tax, no fees. Dealership went under six months later. Maybe in a year or two this will repeat.

[Dottydawes]

A couple of comments. The first is I’m at retirement and have the ability to buy these types of vehicles. It is one thing to have that ability and another is to use it. To me the vehicles are way overpriced and I’m simply not going to though money at a new vehicle, at the cost levels they are, without considering investing in my current vehicle and keep it for a few more years. Yes, I’m only defeating the inevitable but I’ll defer to the second part of my post as to why.

I’m currently researching the various models to see if there is a comparable model to replace my existing vehicle ( a pick up). To date I’ve been given many reasons as to why NOT to buy any of the latest models - Ford with the Ecoboom, GM Electronics and 6.2 V8 issues ( not a GM fan anyway), RAM just too much upheaval at the the top gives me little faith of longevity and quality and Toyota with their V6 issues, Transmission issues and brake issues ( new recall). All I see is buying a ticket to visit the dealer every few months.

One thing the average American consumer is known for not having is smarts. As you pointed out CC debt is thru the roof, repo’s are increasing yet folks continue to buy these types of latest and greatest. Whether is for penile enlargement, impress your neighbor or a true need to get a new vehicle you can bet a large portion of those buying are living beyond there means - if they were living within their means CC debt wouldn’t be this high and repo’s would be none existent.

In addition, society is getting more ingrained with the “ instant gratification” mentality irrespective of cost or risk. At some point the Piper needs to be paid and sadly, IMO, it’s going to take another 2008 severely financial crisis to flush all this out.

[moochythecat]

The last time I bought a new car was 1976... $4, 000 for a Cutlass Supreme S....

[movdqa]

I was at my dealer for a service appointment on Wednesday and I looked through the cars in the showroom. I can look through their online offerings. It was raining so I didn't walk the lot. What I noticed is that they had lower-priced cars in the showroom instead of the $50K+ stuff that I've seen for the past couple of years. They have Camrys at $30, 144 (2) and they seem to be getting them in regularly and selling them. So things are gradually getting better with Toyota. It was too early to see customers shopping there. I got there at 6:45 AM and was out around 8 AM which is when the showroom opens for sales customers.

[reptoid]

For some time I have been getting the itch to trade in my very well maintained 2012 Tacoma with relatively low miles for its age, to a tundra or a 3/4 ton.. But after seeing the price increase on these new vehicles along with the poor reliability I’m more convinced noe to keep my baby taco for another 5 more years.. She turns on a dime, runs like a beast and above all zero car payments for the last 8 plus years.. Ya .. I’m keeping her

[johngreen]

I just bought a 2025 RAV4 (gas only)last week. Picked it up on a Saturday and the dealership was packed with people. No deals or discounts…APR was 4.99%. As far as Toyota is concerned, I’d say business as usual where, if you don’t buy it, somebody else walking in the door behind you will. The Tacoma is just insanely priced along with the 4Runner

[umfilmmaker]

As a fellow Coloradan, keep in mind too that tax returns only just started to be processed last week. I’m sure a lot of people who need a car are waiting on that for a down payment.

[briancoleman]

Toyota reliability took a dive but then the other makes did too.