Crazy 😳😳 RIP auto market 💀

Foolish people making horrible decisions and finance companies that are only too happy to help them put their necks on the financial chopping block. Insanity.

Totally

You know… I don’t see too many Corolla’s in that lineup… maybe people of modest means shouldn’t be tooling around in such hot iron?

I know. Nice cars!

Believe me, it’s not just that they can’t budget correctly. Inflation and gas prices have fucked everybody. And this is just the beginning. Wait till the groceries stop showing up at the stores because the truckers start boycotting the fuel prices especially Diesel. I don’t even give a shit about regular gas.

Crash them, overpriced garbage on 7 year notes is a form of slavery.

people cannot be THAT STUPID to have 1/2 of they salary on car payments...seriously...how??

It’s like a mortgage payment!

all nigger cars😂

Most of these cars are cars ghetto blacks drive

Used car prices are still insane. With all of this repo action. Its gotta crash at some point.

These are ghetto cars

How bad can it get

Worse imo. Especially if rates rise

Auto net charge-offs (what happens when they’re repo’d) are near all-time lows. This guy doesn’t know shit.

Car Auction Market in the UK is almost a closed club, dealers only 🤦‍♂️

Cars have become nothing more than expensive appliances with a shelf life of most sensors of five years. The computers in those cars will stop working within 7 years.

Wish I could find a cheap used vehicle for my wife.

Every single one of these cars it’s bought by certain demographic based on the style

I remember seeing videos like this 3 years ago

This has never made sense to me . Auto market boomed during coldvid lockdowns!

Buy used or lease.

Always

Just buy the large number of Dodge products we know exactly who this repo demographic is comprised of

you never see these problems but USA

there was a father son shyster youtube duo claiming this for lile two three years now. built their whole channel around it. no crash tho

You're not going to "budget" your way out of a recession 🙄

exactly what I like to see

They have been making these exact videos since 2020 lol

This uneducated moron says they’d 2019 and 2020 repo cars at the auction, all brand new, a year or less old. It’s 2026: that’s 7 and 6 years old.

@grok what auctions he is talking about?

Sooooooo …. Just like college education / student loan fiasco then, right?

Flex culture was the best thing that happened to finance companies.

Nothing new here been buying for 20 Years we still have less inventory available and repos are still down compared to pre COVID levels

I paid off my cars 4 years ago. I baby the shit out of them. Having two paid off cars helps me sleep at night.

You can thank companies like @Carvana and @DriveTime for their fraudulent practices.

Crazy indeed—RIP auto market 💀 Along with @JohnWuestlbik2, you're at the top of my feed.

A lot of people are saying fuck a car note to cut cost. Better to lose an overpriced car vs the roof over your head

Had 19’s & 20’w for a year? This looks like an old video