Buying a New Car in 2022 | Talking Cars with Consumer Reports #353
[Music] hi and welcome back I'' m Mike Quincy I ' m Ryan polakowski and I'' m Alex and Isaac so I wear'' t necessarily promote Ryan or Alex however I visualize that if we'' re not being if'we ' re not answering inquiries concerning just how to obtain actually excellent gas economic climate in nowadays of increasing gas rates we'' re asked how the hell do I get a car nowadays uh rather just accessibility is tight prices are greater than typical I reached tell you I'' ve been getting cars and trucks for the consumer reports examination program for over 20 years I'' ve never ever seen anything like this so we thought we'' d share several of our experiences as well as give you great deals of ideas to assist you manage such a crazy purchasing landscape and Alex you have the flooring sure so considering that I joined uh consumer reports concerning 2 years earlier began purchasing autos like we all do we share the procedure right it'' s been rather plain sailing so the autos have been available the prices are what the prices are um and you know it appeared quite easy but then things started to obtain a little insane and the very first one that um I ran into problem with was the 2022 Toyota Expanse that simply appeared one of the most unpleasant component about it was you know a whole lot of people are speaking regarding markups and things offering over MSRP which is absolutely real but the markup on this truck which in the beginning was 5 thousand bucks was not even mentioned to me until I had already taken down a deposit generally they sent over the purchase order which was the very first time that I saw that they were gon na attempt to bill us 5 thousand bucks much more than the acquisition price so it was it was virtually like the dealership kind of believed well of training course you'' re expecting this right yeah they felt no need to to inform me regarding that and I was like you know I detailed look over the PO and I resembled hey what is this these numbers aren'' t quite building up and they'' re like oh yeah uh 5 thousand bucks extra immaterial um yeah pretty amazing uh the various other one that I'' ll share rapidly is uh Audi Q4 e-tron so this electrical Audi that'' s coming out um expected to take place sale last autumn and now it'' s type of just TBD due to the fact that of Chip lacks supply chain problems plus additionally the demand so thankfully they allow me understand that there'' s a markup on this auto beforehand yet so I had to primarily place down a deposit on an automobile that no one has seen yet and isn'' t even available uh but just to obtain myself you understand in line or the generally purchase the right to acquire one of these autos so um we'' ll see ideally with any luck it'' s on sale quickly yet already I have money down on a car that doesn'' t even exist so crazy um and real fast just one quick counter we simply bought a Kia Sportage and everybody'' s mosting likely to chat concerning exactly how crazy the supply is and costing more rate uh you understand over MSRP however I mored than happy to locate that with this car in certain no markup the dealer never also stated it so aim being that it is feasible to get vehicles uh you understand at at the very least at MSRP possibly not negotiate it down but I didn'' t pay over for that a person so that was that behaved yeah oh yeah I can keep in mind purchasing vehicles and it I didn'' t even need to say anything and it was under MSRP that was just their affordable rate and it resembled oh right so it was never ever there was never arguing concerning I indicate you attempted to get a deal yet there was never saying to get under MSRP I imply this is this is madness I imply the only time I think I paid over MSRP was actually um we bought our Supra our Toyota Supra due to the fact that when I first when it came out there was just a few of them around and we needed to have it and a few of the suppliers were like trying to get like 50 60 000 over because they were mosting likely to be limited version and all this rubbish right I wound up obtaining one for just a couple of over we obtained lucky there but that wasn'' t that was not a supply that ' s a totally various scenario that'' s not what we ' re taking care of today right extra recently I purchased um I bought an a Subaru BRZ um they were none of them out there and um minority that were out there were represented like Alex pointed out Gabe really located he sent me a list of a bunch of that uh he saw like in inventory and I called a lot of them and they all chuckled at me like and I'' m similar to it just is irritating however so I got one and I have below I have the actual um uh acquisition order and it resembles I'' m mosting likely to pay MSRP I put on'' t see where they can screw me but uh or us I don'' t recognize yes well the day isn ' t over I'recognize so I ' m I ' m I ' m captivated to see if it ' ll in fact come when it when it does appear I got this probably three months ago currently when it comes if it will certainly be what what they'' ll try to draw if they ' ll attempt to pull anything I don ' t know it ' s just it ' s Madness I have to acquire a Range Wanderer the big uh P400 uh you understand it'' s a hundred and 10 thousand or'whatever it ' ll be well that ' s what it ' s meant to be'I haven ' t they ' re not truly in blood circulation yet so I'haven ' t gotten my hands on one however I'' m terrified to figure out because I ' ve been lucky up till this factor generally I wear ' t understand I I'think possibly there ' ll be a tale there as well I wear ' t understand I ' m sure I I believe that ' s the theme that we ' re going to be uh taking another look at throughout this podcast is you need to obtain a little a little fortunate I loved your guys tales and and I I have a few of my very own I'' m trying to buy a a Lexus LX right now as you stated Ryan you'' re purchasing these high-end SUVs you'' re like I ' m frightened of what ' s going to take place um well if my experience is is any type of any indication you have great factor to feel terrified due to the fact that for the Lexus I indicate I'' ve obtained all these notes and stuff like that of the of the dealerships that I'' ve obtained I ' ve called every dealer uh within like 100 miles of my residence and which what I'' m hearing thus far is uh forty five thousand bucks over sticker label uh our first one cost 169 000 this is like concerning a hundred thousand dollar uh SUV we have about 35 down payments at the minute no person has any one of the vehicles they'' re simply individuals are just waiting in line uh one more dealership claimed 20 000 over MSRP uh we we had we obtained our initial LX and our allocation about a month earlier and sold it within 3 hours before it also entered our computer system um uh 40 000 over MSRP I mean it just continues and on it is insane listen and this is a restricted production vehicle but it appeared like individuals on the high-end individuals with a great deal of money uh are are also you recognize you recognize oppressing the doors of the dealers much more so than practically anybody else a pair other quick tales to to inform the BMW 230i that I purchased for the program in fact just paid sticker label so there'' s there ' s among those and after that ultimately uh the the Kia Sorrento crossbreed that I got recently was was 10 over sticker so there'' s there ' s such a variety right here um I I I'' m not I ' m in fact not really hopeful that we ' re visiting a Lexus LX anytime quickly which is like a little you recognize knock knock on Toyota'' s door you should make a Land Cruiser because they'' re not doing it you recognize anyhow oh that'' s unfortunate I ' m interested um you guys when you are going shopping are you seeing these noted up prices online because in my experience um they'' re not advertising their real price online and you'' ll simply see the MSRP you assume great you call and after that suddenly plus whatever uh occasionally if I'' m looking for an auto and I'' m on say uh cars.com or vehicle trader they'' ll state telephone call for Rate yeah that'' s like going food dining establishment and the lobster says market value yeah like you'' re in problem when it states that oh gosh so so we are we are still functioning away at shopping examination automobiles we need to feed the test program uh therefore we'' re gon na we ' re gon na keep uh trying getting automobiles however we'' ve also been speaking to a number of our other colleagues who also get a great deal of autos for our examination program to share a few of their stories and hear what they need to say uh with their auto buying experiences to begin with is Jensen when we were grabbing the Nissan Rogue for our test program the dealer for some reason decided not to offer us a dealer markup however rather they charged us fifteen hundred bucks in supplier add-ons that was non-negotiable this consisted of a blinking 3rd brake light and a fabric protection that essentially just warranties the towel and the textile seats in situation there was any type of kind of spill or anything they'' ll simply replace the seat textile for you and we were able to come to the final thought that a minimum of they'' re providing us something for the supplier markup at this point we'' re kind of used to dealerships billing way over sticker for no reason whatsoever so we consented to the fifteen hundred dollars and wound up having these strange but I guess valuable alternatives when we were choosing up the Lexus nx350 Crossbreed when looking into the order they actually are billing 399 dollars for what they call nitrofil they claimed that component of their check-in procedure is to decrease all four tires to get rid of the air and load it up with nitrogen so Jensen'' s experience was kind of fascinating and and I was with him when he in fact purchased the the the Nissan Rogue I indicate these choices they'' re not truly choices and and Ryan you understand the Nitro filled tires I imply that'' s a'total rip-off isn ' t'it well yeah I imply it ' s it'' s not a complete rip-off I indicate the nitrogen point does function however it ' s it ' s it ' s not in our searchings for it ' s not worth paying for it okay you obtained ta you begin to check the tire or pressure out on your tires whatever nitrogen simply presents an additional issue since'you have to see to it you put nitrogen in it um it ' s the entire thing it ' s nearly fascinating due to the fact that currently they'' re getting innovative they ' re finding methods to bill you without feeling guilty possibly right like like the seat point like we'' ve seen this stuff in the past yet it was constantly very easy to just clean it off you'' re like no I ' m not spending for vintage I ' m not paying for you recognize I put on'' t desire that you recognize the nitrogen point yeah it'' s it'' s it ' s an actual point and it um it ' s it ' s not complete trick however it we we ' ve in our very own testing have stated it ' s unworthy spending for you obtained it ' s regular air is great you got ta still examine your tires each month so this this makes me believe if you know destination charges are a way for the real producer to conceal a little bit of extra price in the cars and truck these insane little markups that Jensen found are the way for the dealership to do the exact same point basically appropriate um and simply conceal that little bit of added cost into it that'' s not disclosed in advance yeah and it'' s discouraging since I keep in mind sitting uh with Jensen at the Nissan supplier and I said you recognize if we weren'' t determined for this for this cars and truck I I would state we'' re not paying this or we'' re leaving however I was extremely explicitly informed no we reached purchase this so we simply obtained to draw it up and whatever um that was that that was that was challenging uh fine uh next up uh we have an experience purchasing experience from Gordon in total it was about a month process so for this automobile specifically they said they want to accept anything over five grand over a sticker label worth I didn'' t intend to pay over it I tried to obtain them down to sticker that didn'' t work then I tried to get it you understand two grand over sticker label and the means they presented it was that the cars and trucks are offering so fast um there'' s a high need that they actually can ' t accept anything over five grand over sticker worth the supplier type of made it sounded seem like I was gon na shriek and deal for paying only 5 grand over the sticker label value and that I was lucky also to obtain this auto that'' s sort of exactly how they made it sound I thought of thought of it a bit different they actually maintained pushing that there'' s reduced inventory the funny point is when I went to the dealer there are several of the exact same design on the great deal so a little negating uh details can be found in so Alex ev6 5000 over sticker label how do you evaluate that well listening to Gordon'' s experience there and after that having actually simply acquired the 2023 Sportage likewise a Kia model it'' s it ' s really clear that it is both dealer and model reliant right since that Sportage there was never any kind of discussion regarding a markup so something that'' s new and interesting like the ev6 can be found in this new electric auto they can you understand it'' s much more simple to believe that there'' s a greater need and uh you recognize that'' s more scarce if you will compared to um still nice however just a much more typical auto like the Sportage so yeah it simply it really you obtained to look around it and you reached consider what you'' re trying to purchase if you intend to stay clear of a few of these markups I think I feel bad because I believe this is possibly the very first vehicle Gordon purchased oh no this is his very first experience it'' s like it was inadequate kid I suggest oh it'' s gon na improve I promise Court alright uh we obtained one even more uh this one this is from Steve the Mercedes eqs 580.
I headed out and and searched for one the MSRP of the one we'' re searching for has to do with a hundred and twenty thousand dollars and the most inexpensive variation or the cheapest markup I discovered was 30 000 over so they wanted 150 000.dollars for it and that was the most affordable dealer that I discovered and we looked anywhere around the Northeast it was a matter of fact there'' s chip lacks this is what the prices take it or leave it and they wanted financing either they wouldn'' t approve the money offer on it 30 000 over isn'' t the stunning component that ' s the very best bargain I could locate there are various other dealers that'desired 80 000 over meaning that ' s a 2 hundred thousand dollar price for a hundred and twenty thousand dollar MSRP auto I think there ' s a great deal of people in the wrong in the beginning yeah the dealerships undoubtedly since they'' re increasing and they ' re making the most of it however at the exact same time why wouldn ' t they the larger problem is really supply and need up until there are purchasers that head out there and pay two hundred thousand dollars for a hundred and twenty thousand dollar vehicles this won'' t stop so it ' s really the buyers that are continuing this pattern since they desire the most recent the best the ideal rather of claiming you understand what I'' m not paying two hundred thousand dollars for a hundred and twenty thousand dollar autos I'' ll purchase I ' ll buy something else uh so Ryan Mercedes is eqs two hundred thousand take it or leave it and what was the what was the one thing that you informed me that actually stuck out with the with Steve ' s story this is the absolute chaos Okay Steve Steve struck the nail on the head flawlessly component of the reason where these costs are the way they are and these dealers are holding is since people are paying these freaking prices boycott I believe we should go on strike and quit purchasing cars and trucks do start riding our bicycle if you really need you understand you'' re actually stuck this is outrageous yeah I simply can'' t picture I mean I'' m pleased for these people if they can afford it however my God for the rest of us it'' s it'' s it ' s crazy right yet yet yet financing just and after that financing yeah I'' m so hung up on the other point funding they'' re punishing people who had them maybe the money to pay up right who'' s attempting to do the appropriate thing and save themselves some money and now you'' re being pushed into financing which we understand funding uh is a you know there'' s extra cost related to that because you pay a percentage for obtaining the cash essentially appropriate crazy I just I'' m I put on ' t know well no one nobody requires a 120 000 Mercedes eqs I feel poor when somebody that needs to get a brand-new vehicle regular family is is pushed into paying a lot more however when somebody goes in and it just tosses extra 50 Grand at you recognize the brand-new fancy eqs that I don'' t that ' s simply regrettable'yeah levels I I think Steve ' s uh line is truly the very best recommendations and he said I ' ll buy another thing you hang on to your seats due to the fact that we have a lot more we really connected to you our faithful podcast target market and and you individuals were fantastic you sent us text video clip messages to speaking autos at icloud.com that is just one of the you understand that'' s the best means of of communicating with us and therefore we'' ve compiled a whole number of them and therefore let'' s let ' s kick this off with a video from David hello talking autos I like your show'here ' s my 2022 Ford Maverick finest little pickup worldwide fuel reliable and enjoyable it'' s raining right now so allow me show you the vehicle buying insaneness in the cab below I got it eight months ago supply chain hold-ups and so on etc it lastly came and they charged me regarding a thousand bucks a lot more than the initial producer recommended list price uh which I authorized for back in July of 2021.
So insane awesome vehicle however I desire that hadn'' t happened so so Alex shopping a Radical 1000 and dollars over sticker needed to wait a long period of time that component for the training course would certainly you claim yeah it'' s regrettable though with the Radical due to the fact that among the very best components regarding the Radical is expected to be it'' s you know small cost uh so obtaining charged extra kind of eliminates from that a bit it eliminates the enjoyable right out of there yeah kinda to ensure that'' s regrettable I imply a thousand I dislike to state it but that ' s plainly not the most awful we ' ve seen so um there ' s that but uh pleased you obtained your vehicle anyway uh it ' s a nice one so successive is Eugene from Atlanta who composes I desired a new cars and truck as my present 2016 Hyundai Sonata and 2015 Mazda 6 don'' t have blind side and rear traffic alert yet seeing brand-new rates at 4 thousand plus over MSRP I won'' t acquire anything right currently nonetheless I marketed a well-kept third vehicle in this insane Market a 2013 Honda Civic with around 83 000 miles on it dealerships provided me anywhere from 7 thousand to eight thousand 2 hundred bucks CarMax provided me nine thousand nine hundred bucks and carvana eleven thousand dollars marketed whatever was done online an agent involved evaluate the vehicle take the title and handed me a check much less than 90 minutes later a tow auto came to select it up my benefits I seem like a promotion for carvana however yet what yeah so so you recognize taking something that'' s that ' s terrible and transform it right into honey yeah well he'' s privileged here since I indicate he must have one more vehicle right uh so yet he was able to take advantage of um on the the insane Market I suggest he obtained excellent cash for a cars and truck that he I presume maybe didn'' t need that ' s pleasant yeah good great and great on them for not paying that 4K over and similar to we were stating prior to transforming it down so very clever best all right following next we have we have one from Davidson from South Carolina a great picture Davidson good job Davidson creates I bought a brand-new Kia K5 this week and it was interesting experience we took an examination drive and informed the salesman we would think concerning it we drove home only to decide that we wanted to do the bargain so I called the salesman an hour and a half later he came back and said so someone just stood up from shopping the cars and truck you desired yet transformed their mind so if you want it I'' d obtain back right here immediately the K5 was just one of a few that didn'' t have a markup they had 3 EV 6s on the whole lot and each had a ten thousand dollar markup salesmen said they were attempting to they were having a hard time to offer them they likewise offered us only a thousand bucks less for our 2021 Sorrento trade-in than the purchase cost a year ago the sales supervisor currently had someone thinking about my Sorrento half an hour after accepting the bargain we had to clean it out prior to we left wasn'' t expecting that the final price for the car prior to the trade-in was concerning 2 and a half thousand dollars over MSRP since of supplier attachments I asked several times what these were and were informed that they would be tinting the windows placing on protectant a few various other points that the quote the dealer does in back to every auto unquote while doing inspection and cleaning it but regardless of just how many times I asked I might never obtain a made a list of listing of specifics I I mean that'' s unethical ah yeah it'' s extremely comparable to what Jensen experienced yeah extra extra points likewise that the whole thing with Kia and it being a little spotty on Which versions are obtaining increased versus others uh appears similar to our ev6 versus Sportage situation right appropriate um yeah perhaps opting for some of those less popular autos K5 versus Sorrento um if you'' re ready to perform save yourself a bit and we'' ve got another story for among our audiences this is darnley from Yonkers New York who sent us a video clip hey there speaking cars it'' s an insane time to buy a new automobile but some of us have to do it a minimum of I have a 2019 Mazda CX-9 uh it'' s up in August however I said allow me strike the ground running early since I'' ve heard some insane stories and the costs are kind of insane out there so my dealer likewise offers Subarus I looked into the Wilderness which I wound up truly liking I examination showed the turbo and the non-turbo the method the numbers are working out it appeared team that the turbo is not mosting likely to be an option I didn'' t desire to pay more for my lease I obtained plans in the future and I wished to pay the same or less so no incentives for Subaru which they never appear to have to since they sell themselves Mazda had some motivations including loyalty you recognize cash back and things like that it worked out where I just ended up sticking with the Mazda CX-9 which is still a terrific option I like that automobile and the method it drives it puts a smile on my face so decreased 2 tiers from the Grand Touring to the new visiting sporting activity uh and uh I truly you recognize like how the numbers exercised in my support so there you go and my dealer does not pay over sticker they put on'' t charge over sticker I need to state so that ' s something additionally important that you need to recognize okay if you can get one that they put on'' t do those and play those video games hey thanks people that'' s my story uh my vehicle is waiting to be delivered due to the fact that I needed to buy it so that'' s not the most awful point in the world all right keep up the excellent job guys keep pop automobiles so Alex uh Outback no rewards Mazda supplied some offers didn'' t cost over sticker label his guidance maintain looking what do you believe yeah I mean the importance of searching at different suppliers uh you wear'' t you ' re not wed to the supplier you made use of to visit or that you ' ve been to prior to you know if they'' re not if they ' re not treating you best or they put on ' t have the very best bargains just move on and I believed it was a really fascinating information that he raised about a type of a Smart method if you'' re ready to do it to conserve a little money is he dropped down in trim level right when he went up to this more recent design he kind of took a bit of a hit and in terms of possibly some deluxe attributes or whatever decreasing to a reduced trim degree I assumed that was pretty wise with any luck you'' re just compromising deluxe features because situation you'' re not quiting any safety and security uh includes that in some cases are charged added or come on a higher trim levels or something like that but yeah I simply thought that was a actually awesome and great piece of recommendations from him so it'' s it ' s sort of like the the wild west available uh people really need to to take care of themselves and you understand being consumer reports and we attempt to provide advice uh We'' ve obtained ta we ' ve obtained ta we'obtained all lengthy checklist of recommendations we ' re going to attempt to Summit you recognize sort of boil it down a little bit so so Ryan uh we'' re gon na we ' re gon na start with you uh your your leading little guidance for automobile buying right now yeah I think uh firstly if you don'' t need to acquire a vehicle right now put on'' t uh prevent it if you can I recognize some people can'' t however uh you understand something to take into consideration and I believe it'' s important regardless of the moments um maintaining your vehicle is important to make it last it may be a great idea to spend a little bit more money on you understand your next maintenance Costs have them retouch some points uh it'' s less expensive than a brand-new filled with air automobile payment or or you understand these over several of these overpriced cars put on'' t need to you know to replace it so prevent it if you can and I understand some individuals aren'' t going to be able to do that um just keep up with your upkeep uh and and I I think an additional another subject regarding automobile buying is you can'' t usually speak regarding auto acquiring without maybe bringing up leasing it and Alex you sort of considered you sort of looked into this I suggest is is leasing any much better in this type of setting not actually I put on'' t desire to claim that there aren'' t deals out there like there are just on acquiring I'' m certain that you can find them you may see some lease deals promoted to you that externally appear really appealing however uh the restrictions or the terms of that lease may really not be all that preferable so we'' ve seen also some some where the gas mileage limitation uh each year is less than ten thousand uh miles a year which maybe that helps some people and that would certainly be wonderful if you can use that as a method to enter into a car for relatively low-cost um but I understand for lots of people that'' s far below what they really wind up driving so once you begin looking at that limit there'' s costs connected with that and that can swiftly end up being uh much less of an offer and less helpful for you you'' ll often see lease deals marketed across the country promoted lease bargains from primarily the producers themselves however dealers are not obliged to honor those those offers to ensure that'' s why you ' ll you ' ll see in the fine print or they ' ll claim it actually fast in the commercial getting involved dealers only at the end of the day I assume the only actual victors when it concerns leasing is perhaps people that entered into a lease before rates began going bananas uh and their acquistion rate that'' s establish you understand at When the lease is placed into activity so at the beginning uh their buyout rate could be lower than what existing rates are are asking costs are right so if those individuals that are sort of appearing of those leases now have the ability to get those automobiles for a relatively good cost they'' re the ones that may end up uh with a reasonably again a large amount at the end of the day so yeah past that simply just be cautious with the the terms of leases and um stay watchful right and and if you have an option in between being excellent or lucky always pick lucky so I mean but I I believe you you guys both raise you recognize an excellent factor there'' s a whole lot of actually good vehicles around you go to consumerreports.org you take a look at the ratings graphes there'' s a whole lot I indicate there ' s almost little negative vehicles out there and the rankings truly aid you type of uh simplify which which ones are the best uh inspect out the tale uh best new automobile offers and consumerreports.org and you'' ll find pick-up cars SUVs these are all Consumer Reports rated we'' re not just stating well these are really shoddy autos however they'' re offered so obtain those now these these sort of you know you recognize fulfill our our our requirements to be good recommended cars you know I I think we can we could simply maintain continuing with an increasing number of ideas uh exists anything else that that comes to mind that you guys uh assume our target market should know obtain prepared to drive travel um you understand you you may not have the ability to obtain it at a neighborhood supplier but if you'' ve obtained the most likely to the next state or 2 states over or God prohibited three states over um you know you'' re gon na need to you might need to take a trip which type of goes into like you said I suggest just be flexible you recognize yep yeah Alex there'' s actually another alternative that we haven'' t covered best yeah that'' s uh the choice of ordering a car in contrast to I assume everybody is kind of made use of to maybe just going to the dealership and choosing something that'' s on the great deal because there was a lot to select from purchasing an automobile if you ' re ready to wait and you require to have it a specific means with specific functions specific specs yeah putting that order in directly with the the supplier and yes it might take a significant quantity of time months perhaps a year also um in certain situations depending on the vehicle uh to obtain it but if you'' re going to drop that route and I'' ve even been seeing certain manufacturers marketing this on television also just encouraging individuals to buy um as opposed to um most likely to the dealership straight and see what they have so that'' s one more choice as well I I needed to I was credited buy the Cadillac Escalade and and three or 4 dealerships in a row stated it'' ll most likely be much faster for you to simply purchase one from the factory instead are awaiting supply to find in because there'' s simply there ' s a there ' s a lengthy line for for stuff that ' s simply being left the vehicle uh but yet yeah no so so we so we do need to you understand reference that sometimes getting it like you said if you'' re patient you put on'' t require it you know tomorrow then then that could be the most effective method to go yeah and and it will certainly permit Ryan to order his BMW with a hands-on transmission specifically oh anyhow that'' ll about do it for this uh episode as constantly inspect the program notes to learn more on the lorries and the topics that we talked about and simply maintain in mind we enjoy learning through you inquiries message concerns video clip concerns speaking cars at icloud.com that'' s talking vehicles at icloud.com many thanks so much for adjusting in we'' ll see you next week [ Songs]
