Zach & Ray talk Fall Car Market trends for New & Used vehicles. Inventory is building up to pre-pandemic numbers which ultimately means more negotiability for the consumer! Listen in before you buy that car!
GET CarEdge’s Free Q3 Auto Outlook Report!
Don’t forget, CarEdge is offering a special Labor Day discount on our insights tool to help you get the best possible deal! Link Below!
Https://caredge.com/plans/insights
Check out 7 Amazing Labor Day Lease Deals!
———-
If we can help you with buying, selling, or protecting a vehicle, please let us.
🚗 What’s the best way to buy a car today? Skip the dealership hassle with CarEdge Concierge, the most trusted car buying service. Save more and stress less, with home delivery available:
⮕
🚗 Join the CarEdge Community:
⮕
🚗 Get educated on buying a car with CarEdge’s Deal School 3.0:
⮕
CarEdge Podcast: Daily News You Can Use
⮕ Spotify:
⮕ Apple:
Instagram ⮕ / @mycaredge
TikTok ⮕ / @caredge
Check out CarEdge merch: ⮕
#carsales #autoindustry #automobile #news #cars
source
Fast forward until December 2025, I got a new Kia top of the line Minivan OTD price less than MSRP.
No. First of all, it doesn't take much research to know that Toyota doesn't do incentives. And since they are the number 1 selling car in the US, you can't generalize. Also Toyota controlls their inventory to keep resale values high. So Toyotas will not build up on lots beyond what they can sell. Maybe crappy US mfrs cars are building up. Or endless money pit german excrement. But those of us who don't want to flush our hard earned money down the toilet don't care about those vehicles anyway.
We talk about leasing they never talk about how much you care insurance will go up.i no some one leased there car insurance went up $197 .00 per month . Talk about that PLEASE
On Long Island in NY, used car trade in value is in the toilet. $12k off new price trade in value on my 16 month old CX-30 Turbo with 23,000 miles.
Bought a 2016 highlander with 100k kms in 2022 at a premium. Vancouver, Canada. Toyota dealership would not budge on price one penny after hours of attempted negotiation. They did a "150 point inspection" in house saying the car was in great condition. I brought my brother (a mechanic) with me on the second visit. He told them to put it up on a lift. He found; shocks needed replacing, some kind of minor oil leak coming from the front of the engine (i cant remember exactly the part), front rotors warped, pads needed replacing, previous owner had wired some crazy lighting sysytem into the rear brake lights. Looked like a disaster. They agreed to fix all the above before sale. Still didnt move on the price. Also wouldnt take the roof rack off as "it was aftermarket and they werent insured to do it" wtf ha ha. They supplied proof of in house work done. Would have come to $4000 in repairs!!!
I love the car and take good care of it. If it wasnt for my brother i would have been screwed with those repairs.
Dont trust these scammers. As soon as you drive off the lot they dont give af about you or repeat business.
ALWAYS have the vehicle taken to a mechanic. Take it on the test drive. Might cost you a hundred bucks or two but is worth the peace of mind. These dealerships have been taking the piss since the pandemic. Delighted to see they are starting to close.
Doesn't matter if its used,new, mechanic inspected cars&trucks are a money pit just to maintain it in gas,oil, inspection/registration, insurance ect. you cant win in the vehicle market,only way to save some change is if you role up the sleeves and DIY the simple things yourself or try and find a honest friendly mechanic but good luck with that one.
Buyer's market when nee car's/trucks are ridiculously high?
Approaching $100,000!
Hopefully October brings some better incentives…last quarter of the year.
I was just dealing with Kia (Sorento hybrid). They came down some, offered a soso trade in, in the end I took it. I accepted the offer after we went back n forth BUT…BUT….throughout this process and at the very beginning I specified one item that was a must have (ambient lighting)….he told me multiple times this car had it. The sticker did not show it, all the car details did not show it so I asked again (at least 6th time now) and he assured me in was on there. So, on the sales day I drove the 1.5 hrs, went to the bank on the way for a cash deposit…..get there and the first thing he says is we have a "little" issue you aren't gonna be happy about….yeah, that ambient lighting that I asked about multiple times was not on this car. Needless to say I had steam coming from my ears and every other port on me, I was so pissed off…..I got in my car, drove the 1.5 hrs back,,,,he sends 10 or so text offering another car, PLEASE GIVE ME a CHANCE….I said you had your chance. I really wanted this car, now I am too pissed off to even look at it and I certainly would not go to this dealer.
tunedbyai AI fixes this (AI assisted Car Design/ Tuning). Car market prediction for Fall.
Still way over priced used cars and new may as well get a new vehicle if you can pay cash with no payment
prices coming down – oh great 84k down to 77k if you are lucky. THis is such a joke.
08 isf with 14k Miles, asking price is 51k, rip off or good deal?
How tf is this even a buyer's market lmfaooo bro is trolling like a mfker
Great video. You don’t get the federal tax credit on a EV if you lease it right? Only if you buy new? 🤔 thanks!
Hi, you always talk about pre purchase inspection, and my question is, what if the dealership either lies or fail to disclose potential problems with the particular car? What happens when the buyer pays for pre- purchase inspection, and next thing you know he will find out later down the road, that the vehicle has some serious issues or problems . I enjoy watching your YouTube Chanel, and the information you share is very helpful. Thank you for your time .
Not even close to a buyer's market. Car prices are still 40% higher than they should be, so until incentives are 40%, the prices have to come down. People are defaulting at increased rates. Banks are slowing lending. The car market is going to collapse in the next 9-12 months and we are probably looking at a government bailout eventually, again. I would buy a car now if you gave me $10k incentive in cash and 0% interest rate because car values are going to continue to drop for the foreseeable future.
Been shopping for a 2025 honda crv exl 2wd. Msrp is 36,350 and i got an OTD price of 36,325 including tint, add ons like mats and 2 years maintainence. Waiting for the end of the month to see if it goes down further.
I’m mid prime was offered 5.99 for used 2023 from my own bank this is absurd😂
50% off and I will bite
What is a pre purchase inspection? Who is best qualified to perform those and what does getting one look like?
Its the price not the interest is the issue.
I’m so happy with my 2010 tacoma 😁
Oh noooo, dealers who have been bleeding people dry for years are struggling to continue doing so!
……..*anyway*…………
My lease is up in 3 months, and I started to shop around over the past few days and i am not finding good deals or feel that its a buyers market at the moment. i think i will extend my lease and see how the market is in a few months or buy it out, pay off is lower than market and warranty still good for a year.
No budging or negotiating happening at the dealerships I’ve been to in the western suburbs of St. Louis Mo. this includes leases as well. I’ve been trying to negotiate with Hyundai, Kia, and Toyota dealerships…no dice.
I have access to GM preferred pricing from my employer. This can get me a 3.6% discount on a Buick dropping the price approx 2k.
However the dealer is saying because the discount is fixed it doesn't leave room for negotiation and the price is the price. Is this true?
What inventory? No Prius, No Crown, and No Lexus!😂
Where's the chevy trax for less than 250 a month? I wanna see.
“ the first time in a long time we’ve seen inventories buildup to pre-pandemic level”?!!!! You guys have been talking for months how we have these huge 400–500 day supply. Are you saying that we had this many cars in lots pre-pandemic?
Leases? Are you kidding? No ownership, mileage caps, high insurance!
Oh my!
Dumb!