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re: Car Dealership baws - are videos like this true?

Posted on 3/10/25 at 11:13 am to
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
19953 posts
Posted on 3/10/25 at 11:13 am to
People going out and buying vehicles at the prices they are are dumbasses
Posted by dgnx6
Member since Feb 2006
89768 posts
Posted on 3/10/25 at 11:13 am to
I bought a 2023 for under $20k





I did have to go to another city to buy it though.


But if you live in a major metro area you can find something better than what you got. Or dont.


You don't need an $80k new suv.


Posted by Ihatethiscity
Garden District
Member since May 2022
299 posts
Posted on 3/10/25 at 11:15 am to
I don't know what people are doing for livings to be able to afford all these new cars I see on the road.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59248 posts
Posted on 3/10/25 at 11:15 am to
COX - Used car inventory
COX - New cars (January)

Used vehicle sales have trended upward for the last couple of years, especially in the $15k and lower range (that's the range with the least days' supply in the used market). New car sales have slowed slightly, but it's apparently still enough for dealers to have high prices and high financing rates. If we're coming into a recession, there's going to be a lot of extra inventory on the lots this time next year as many decide the economic climate isn't secure enough to spend such a large chunk of change as well as those who can no longer afford their large car notes and would rather just have their vehicle repo'd than go underwater trying to sell/trade for something less expensive.
Posted by Them
Metry
Member since Nov 2008
11374 posts
Posted on 3/10/25 at 11:15 am to
quote:

Thank you for the info - know anything about the "Team" dealerships? Thats where we got my wife's civic. Idk if we got ripped off or not. Was about $20k for a new civic in 2020ish.


I mean, if you bought a new car 2020ish during the shortage, paying MSRP was considered a good deal, so if you got a base model Civic $20k was probably about right.

I don't know much of anything about the Team group other than they've been around a long time. All I DO know is that I went car-for-car with Team 4 or 5 times while working at Paretti and I never lost a sale to them.
Posted by dgnx6
Member since Feb 2006
89768 posts
Posted on 3/10/25 at 11:18 am to
quote:

I don't know what people are doing for livings to be able to afford all these new cars I see on the road.


8 year loans.

Stay in debt their whole life.


Posted by Dadren
Jawja
Member since Dec 2023
3255 posts
Posted on 3/10/25 at 11:18 am to
quote:

I own a crappy 2011 CRV

Meh, not an issue IMO.
quote:

260k miles on it

Meh, not an issue IMO (unless it lives in the shop).
quote:

no working audio

Meh, not an issue IMO. And even if it is you can solve that for like $300.
quote:

no ac/heat

My brother in Christ….

Your sig says Garden District…do you live in either BR or NOLA? If so, on what planet are you good making nearly a quarter million a year driving around SE Louisiana with no friggin AC?

Stack your coins for a few months and pay cash for a less-crappy 5 yo CRV. For the love of all that’s Holy.
Posted by HouseMom
Member since Jun 2020
1933 posts
Posted on 3/10/25 at 11:21 am to
quote:

I'm not paying out the nose for something per month


Richards Honda has brand new 2025 CRV EX's for $35k. Base models for slightly under $31k. I would hardly call that "paying out the nose" for a car, especially one that reliable and with good gas mileage.

I do understand the paid off car angle, as I have one and plan to drive it for another year, but there is zero way I would drive around in BR without A/C right now. I would give up pretty much everything before I would do that. And I love summer weather.
Posted by Them
Metry
Member since Nov 2008
11374 posts
Posted on 3/10/25 at 11:24 am to
quote:

I grew up at a GM dealership.

Please tell me how the biz works.


If you need lessons there's much better teachers out there than me.
Posted by Ihatethiscity
Garden District
Member since May 2022
299 posts
Posted on 3/10/25 at 11:24 am to
We pay for a nanny :(
BR btw.

I will save the money cause in a few months its gonna really suck arse.
Posted by Turnblad85
Member since Sep 2022
5538 posts
Posted on 3/10/25 at 11:25 am to
quote:

. Right now its fine.


If you plan on still using it at all in summer, take it now to get it repaired unless you want to wait 2 weeks+ when everyone else takes thier car in on the first 90* day.

I'd rec AGCO auto.
This post was edited on 3/10/25 at 11:26 am
Posted by mmonro3
New Orleans
Member since Apr 2013
4236 posts
Posted on 3/10/25 at 11:25 am to
quote:

Royal Honda and Bryan Subaru seemed to have positive reputations, and the guy who owns Banner Ford on the Northshore is a family friend and he's a great guy.

All three are not good. Hell Matt Bowers is a step above Banner!
Posted by Them
Metry
Member since Nov 2008
11374 posts
Posted on 3/10/25 at 11:32 am to
quote:

All three are not good. Hell Matt Bowers is a step above Banner!


YMMV I suppose. Can't please everyone. Hell, the place I worked at in Montana had a sterling reputation and was the largest dealer in the state, but we had our fair share of haters. When you sell 700-900 cars a month, you're going to piss someone off here and there.
Posted by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
17134 posts
Posted on 3/10/25 at 11:41 am to
quote:

Ihatethiscity


Fix the ac.

You can buy a replacement radio from Crutchfield for $130 or if your old unit had navigation $300.00 Crutchfield will also sell a custom cable that will plug into your cars wiring and it is easy as pie. Youtube videos show how to remove old unit.

If its paid for I would keep rolling.
Posted by Dadren
Jawja
Member since Dec 2023
3255 posts
Posted on 3/10/25 at 11:42 am to
quote:

We pay for a nanny :(

Ah yeah that’s definitely a factor.
quote:

I will save the money cause in a few months its gonna really suck arse.

That sounds like the right move, you’re right, I would want to avoid a note if at all possible right now.
Posted by EZE Tiger Fan
Member since Jul 2004
55454 posts
Posted on 3/10/25 at 11:49 am to
I have a 2013 truck with 100K miles. It is dented and scratched to hell, but can easily go another 100K miles (toyota). Plus I work remote so I maybe put 5-7K miles on it a year. It has been paid off for years so I am driving this thing into the ground. If it still drives great in 20 years, I'll still have it.
Posted by moneyg
Member since Jun 2006
63026 posts
Posted on 3/10/25 at 11:50 am to
quote:

A 2019ish Tundra with 100k miles is mid-30s. Not sure it’s a better option than buying a new one.


This is what I think is propping up the new car market. It almost doesn’t make sense to buy used if you don’t have to.

If there was any frickery going on, that’s where I think it would be.
Posted by Tr33fiddy
Hog Jaw, Arkansas (it exists)
Member since Aug 2023
1971 posts
Posted on 3/10/25 at 11:53 am to
quote:

it sucks for sure, AC gave out near the end of summer last year. At this point I can't bring myself to fix the AC because the cost of fixing the AC is about as much as I'd get for selling it


That's what eventually causes me to get rid of mine. Cost of repair is more than the cars value.

I'm beyond the age of giving a damn what other people think of what I drive. It's kinda nice having it paid off and not caring if my wife backs into a tree.

The no ac is a no go for me. What's wrong with yours. It may not cost much if you fix it yourself.

I got an 08 I saved by putting in a new ac compressor took me about an hour and 100 bucks for the part and about 40 for the refrigerant
Posted by LemmyLives
Texas
Member since Mar 2019
16076 posts
Posted on 3/10/25 at 11:55 am to
You should have gotten a non-English speaking nanny

I have a friend that's flown one way from MSY to pick up a truck from TexasDirectAuto in Houston. It's not a big deal to shop out of state, and you have four major car markets in the state next door. If you're limiting yourself to within 100 miles of BTR, you aren't going to get a ton of options.
Posted by GeauxTigers123
Member since Feb 2007
3675 posts
Posted on 3/10/25 at 11:58 am to
quote:

People going out and buying vehicles at the prices they are are dumbasses



The ones that are Financing anything over about 40 K sure. The ones paying cash probably just don’t care.
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