Car Market Update (Hassle Free Car Buying) Kevin Hunter the Homework Guy
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 Published On Apr 14, 2024

CAR Market update with growing inventory for all car brands! If you've been watching Car Prices for a while, the pandemic raised car prices by dropping car inventory levels. Now, the car market has lots of inventory available, and rebates and incentives, especially at Ford, Dogde, Ram, Chrysler, Chevrolet. Join Kevin Hunter The Homework Guy on YouTube, a 15 year YouTube Car Advice expert.

SUBSCRIBE ON YOUTUBE    / kevinhunter​   #Car​ #dealership #cars #usedcars #carsforsale #TheHomeworkGuy​ ​ THE BEST CAR BUYING ADVICE YOU CAN FIND is published by The Homework Guy Team (THG)! We’re the team of Auto Experts, Finance Gurus, and Car Pricing Strategists that well over 63 Million Car Buyers have come to know and trust.

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A CAR DEALER WANTS TO:
1. SELL every car for the Highest Possible Price.
2. CONVINCE Car Buyers to use Dealer affiliated Lenders / Banks.
3. LOAD every Car Deal full of Fees and Finance Products.
4. OFFER Lowball numbers on every Trade Vehicle.

THE HOMEWORK GUY TEAM (THG) HELPS CAR BUYERS TO:
1. BUY a Car from Dealers or Private Party Sellers at the Lowest Price.
2. PAY Cash or Finance with their own Bank or Credit Union.
3. DECLINE Dealer Fees and Finance Products.
4. TRADE / SELL their current vehicle for the Best Value.

For more than 40 years, dealerships have EARNED their lowly reputation by being the masters of predatory selling. Dealers stalk victims relentlessly, often ruthlessly treating the most vulnerable car buyers (like seniors, for example) with little or no conscience. Car Dealers and their Finance Officers have no problem creating financial devastation for their customers with over bloated car loans, and quite often do. We point out the traps and the flaws of the process, and help car buyers get by all the nonsense without being ripped off. We promote fairness, honesty, and transparency, and we’d love to see a few dealers join our mission!

The Homework Guy Team provides car buying consumers with information, automotive news and updates, industry outlook, buying and selling advice, and other help to level the tables. The public face of THG is Kevin Hunter and the master negotiator, Amazing Elizabeth. Tons of time and research goes into every show, with several projects always on the table, all with the goal of getting it exactly right. From Automotive News Updates to vehicle shopping advice and assistance, The Homework Guy Team is the best there is.

As the automotive landscape continues to evolve, U.S. auto sales have shown mixed results. Forecasts for U.S. light-vehicle sales in March range from a 4.7% to a robust 12% increase, showing a very hopeful rebound from the pandemic and chip shortages. This upward trend is supported by high retail demand and fleet shipments, though a competitive market as inventories recover might temper the growth pace, This is especially noticeable at Toyota and Honda.
The average incentive per vehicle jumped 67% to $2,800. Some standout offers include hefty discounts from Ram and GMC, with up to $7,500 off certain large pickups. At the same time, the average price of new vehicles has slipped to $44,186, a drop that underscores slow movement toward increasing affordability for consumers.
Here’s a look at current industry Day’s supply by each automaker. If you didn’t know, days supply means how long it would take to sell all the cars on the lot based on the last 30 days of sales.
Toyota has taken a nice jump from the mid 30’s to now a 43 Days Supply, having 261,000 units for sale,
Honda is about 59 days, up from the 44 days we reported not long ago, with 176,000 vehicles for sale.
Lexus, which is the Cadillac line for Toyota, with much cushier rides and features, has a days supply of 61 days. If you really love toyota but having trouble getting what you want. Think about upgrading to a little bit nicer ride, and test drive a Lexus!
Our viewers are having mixed feelings on Kia. Their days supply is at 69 with 109,000 vehicles, but of all the ‘bad dealer reports’ we get, Kia seems to be among the worst.

00:00 Welcome
00:23 Kevin Hunter The Homework Guy
00:50 Car Market Update
01:24 Toyota
01:54 New Car Inventory Levels UP
02:42 Days Supply of New Car by Automaker
04:45 Toyota New Cars
05:24 Honda New Cars
05:41 Hyundai New Cars
05:52 Ford New Cars
06:10 Chevrolet New Cars
06:28 Dodge New Cars
06:44 Chrysler and Fiat New Cars
07:30 Join The Homework Guy as a Member
08:06 THG Hassle Free Car Buying Service

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