Car Prices DROPPING FAST, So I'm Buying - This Is What I Paid

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Car Prices DROPPING FAST, So I'm Buying - This Is What I Paid

My name is Brandon and I am a used car dealer. I created Car Questions Answered to share the ins and outs of the used car market from my perspective. I share with you updates on car prices, what's happening at the dealer auctions, and what it's like being a dealer. My goal is to share information to help you make the best decisions while buying a car to save you money. I do not want car dealers taking advantage of you.

Thanks for watching and please feel free to leave any comments you may have in the section below!

And make sure you don't forget to LIKE, SHARE AND SUBSCRIBE FOR MORE!!

*None of this is meant to be construed as financial advice, it's for entertainment purposes only.

#UsedCarMarket #CarPrices #carmarket #usedcarprices

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Комментарии

Brandon, you are the ultimate example of why being allergic to debt is a benefit. Slow and steady growth of your business without debt lets you thrive, even in uncertain times. Your ethics and determination let you build a great business without leverage. Your business processes are simplier since you don't need to deal with floorplan and consumer financing companies. Your customers are better off since they can buy a quality car without getting up to their eyeballs in debt. Dave Ramsey woild be proud. Don't change. Being mega rich isn't worth selling out and enriching the banks.

jrr

I bought a 2014 Expedition new in 2014. It now has 9200 miles on it and paid it off a long time ago. I plan to keep it for a long time. Don't need any fancy computer screens and other electronic stuff just to drive to the supermarket. Don't need any $800 a month car payment either. 😊

GaryH-pwcm

Pinched the banks too … I have decided to keep my truck and go as far as it can .. listening to you and Ray and Zach I would be dumb trading it

ramblingheart

Thanks Brandon and Mrs. CQA for posting up another video. I think the YT audience likes seeing what you are buying and how much you pay for them, along with some insight on the industry.

danc

Being a dealer you have the advantage... We (Joe Blow) on the street cannot get them unless we get them at a dealership... PRICES ARE STILL OUT OF CONTROL!!! 70k for a standard Jeep, 65K for the cheapest PU Truck... It SUCKS

gfjthlj

People should NOT accept an$750/month car payment. They should hold out for as long as possible until you absolutely need a new car. It’s the only way sellers will learn.

Dfgbuiiyyyybb

It’s hard to catch a falling knife, be careful. Opposite here in Memphis, auctions were higher this week than the last couple months, pull them up on edge

remxzkw

Tax time going forward for dealers is dead ... After the tax changes, peoples refund is much less than 5 years ago.

scottdiehl

dealers I've been dealing with won't drop their prices on used and new right nationwide. they keep saying they are competing at the present market value. oh well.. until then.. I flew out to NC last time I got my FJ cruiser. I just might have to find you at some point. Thanks for the updates!!

LekarzRodzynku

Thank you for your video. Not in the industry don’t buy and sell cars but your brake down of how sales are going and prices. Car sale new and used is a leading indicator for our economy.

davidchristensen

I enjoy your channel Brandon. You always keep it topical and informative. Keep up the fine job.

lhssfpq

I want to retire one day and its nearly impossible to save for that twilight when you are spending 750$ a month on a car payment and 2000$ a year to insure the vehicle. I'm not out to impress my coworkers. I also know how expensive it is to Repair the newer cars.
I see young families struggling to buy a home yet spend 20, 000 in a year on their vehicles with payments, insurance and repairs. Yet wonder why they are always broke.

dalebend

Amazing presentation with a lot of valuable information and inside scoops. I totally understand what you are saying and want local buyers only as remote shoppers just aren't worth the hassle in this level of cars. Thanks Brandon.

wikolib

I’m retired & make 48K a year, so car companies have blown right past me for what I can afford. Maybe dealers are more flexible in Carolinas but not seeing prices move here in central Illinois. The local CDJR & Honda dealer, Chevy, Nissan, Yota dealer & especially Ford, no price drops anywhere. Maybe they’re just stupid & not responding to lack of sales. Son in law a Honda salesman & he’s telling me - no action, dealership a vacant space which is highly unusual for Honda.

craighanks

Learn from this old investment trader.... unless you need the inventory never EVER catch a falling knife of lower and lower prices.... it's enticing, I get it.... but as you know shitz just getting real....and all prices will go lower...watch!

Don't try and pick the you can't and wont

Unless you flip them quickly, cars are losing asset value SAVE YOUR CASH .... Unless you need inventory

Be choosey!

weedthepeople