A lively discussion on the current state of automotive pricing, with a focus on the Toyota Corolla Cross Hybrid's surprising price tag and the implications of rising vehicle costs. The hosts debate the affordability of new cars, the impact of tariffs, and the ongoing trend of subscription services in vehicles. They also touch on the unique features of the Mercedes AMG G 63 and the challenges of EV pricing and infrastructure. Insights into consumer behavior and market trends round out the episode, making it a thought-provoking listen for anyone interested in the automotive landscape.
This week Stephanie Brinley is again sitting in for Nicole and she drove the Toyota Corolla Cross Hybrid. Robbie and his wife rented a Chrysler Pacifica and Sam has the Mercedes-AMG G63.
In the news, someone has rendered a Dodge Magnum revival based on the new Charge Daytona, and a New York State Senator wants to sort of ban in-vehicle subscriptions, but not really and Stellantis is still annoying customers with in-dash ads. Dealers are at it again with stupid markups on the new Honda Prelude. Jason Torchinsky has thoughts on how much acceleration is enough. Used EVs are selling faster than gas cars. Kia has an off-road concept of the EV5 in China. EuroNCAP is updating its scoring standards for 5 stars including physical buttons. Despite the best efforts of the Trump administration to kill EVs and infrastructure, Georgia is disbursing $24M for EV charging while Waymo is no longer able charge its robotaxis overnight in Santa Monica.
You can help out the many people that are food insecure this holiday season by donating to Feeding America and Robbie will write and record a song for you or at your local food bank. There are also dogs in need of assistance and Sam will be joining a crew of volunteers helping to transport them to forever homes in December and you can help by donating to Operation Frodo. Links are below.
"...some photos of Mercedes, CLA, EV, partially camoed somewhere in Germany so."
The Mercedes CLA EV is an electric car based on the CLA model, which is a smaller sedan from Mercedes-Benz. It's designed to be more environmentally friendly than regular cars that use gasoline.
The Mercedes CLA EV is an electric version of the CLA compact sedan, known for its stylish design and advanced technology. It represents Mercedes-Benz's shift towards electric mobility, offering a sustainable alternative to traditional combustion engines.
"I drove the Corolla Cross Hybrid this week. And you know when I was driving it, I found, I was a little bit surprised that the midrange power on the highway was better than I expected it to be."
The Toyota Corolla Cross Hybrid is a smaller SUV that uses both a gas engine and electric power to save on fuel. It's easy to drive and great for city living.
The Toyota Corolla Cross Hybrid is a compact SUV that combines the practicality of an SUV with the fuel efficiency of a hybrid powertrain. It's designed for urban driving and offers a comfortable ride with decent handling.
"It didn't feel like it was quite as noisy as a lot of Toyota hybrids tend to be."
A hybrid car uses both a gas engine and an electric motor to run. This helps it save fuel and produce less pollution than regular cars.
A hybrid vehicle combines a conventional internal combustion engine with an electric propulsion system. This design aims to improve fuel efficiency and reduce emissions compared to traditional gasoline-only vehicles.
"...before the $1,450 destination fee. So it's 37,449 dollars."
The destination fee is what you pay for the car to be delivered to the dealership. It's an extra cost on top of the car's price.
A destination fee is a charge added to the price of a vehicle to cover the cost of transporting it from the manufacturer to the dealership. This fee is typically non-negotiable and varies by manufacturer and model.
"...before the destination fee. So your hybrid was also an XLE."
XLE is a special version of a Toyota car that comes with more features and options than the basic model. It's designed to be more comfortable and stylish.
XLE is a trim level designation used by Toyota for some of its vehicles, indicating a higher level of features and amenities compared to the base model. It typically includes upgrades in comfort, technology, and design.
"...It was XSE for the hybrid. But so there's similar content."
XSE is a sportier version of a Toyota car that has extra features and a more stylish design. It's made for people who want a more exciting driving experience.
XSE is another trim level designation used by Toyota, often sportier than the XLE, featuring enhancements in performance, styling, and technology. It typically appeals to drivers looking for a more dynamic driving experience.
"The base price is thirty three thousand dollars."
The base price is the starting cost of a car before adding any extras or taxes. It's what you would pay for the basic version of the car.
The base price refers to the starting price of a vehicle before any additional options, taxes, or fees are added. It gives consumers an idea of the minimum cost of the vehicle.
"A lot of money for something with that has a Corolla badge, but no GR badge. Yeah, well."
The Toyota Corolla is a small car that many people buy because it's dependable and gets good gas mileage. It's very popular around the world.
The Toyota Corolla is a compact car known for its reliability and fuel efficiency. It is one of the best-selling cars worldwide, offering a range of trims and options to suit different needs.
"before you're easily easily. So you can get a Corolla GR for, you know, ten thousand dollars more than thi..."
The Toyota GR Corolla is a sporty version of the regular Corolla that is made for people who love to drive fast. It has a powerful engine and handles really well, making it exciting to drive.
The Toyota GR Corolla is a high-performance version of the popular Corolla hatchback, designed for driving enthusiasts. It features a turbocharged engine and sport-tuned suspension, making it a fun and agile car. The GR Corolla is often discussed for its sporty characteristics and value in the hot hatch segment.
"Well, it's it's funny, you know, when the prelude pricing came out, they sent it along with like, oh, based on inflation, it's actually less than like the 2002 prelude or whatever."
The Honda Prelude is a two-door car that Honda made, known for being fun to drive and having a sporty design. It was popular in the 80s and 90s.
The Honda Prelude is a sporty coupe that was produced by Honda, known for its performance and handling characteristics, popular among enthusiasts during its production run.
Car
Honda That Honda
"...han I would have in the 90s. Well, and I saw that that Honda comparison and it was clever because they compare..."
The Honda That's is a small car that is really practical and great for driving in the city. It has a unique look and is designed to be efficient and easy to park.
The Honda That's is a compact car known for its practicality and unique design, primarily targeted at the Japanese market. It emphasizes efficiency and functionality, making it a popular choice for urban driving. Discussions often focus on its quirky design and space-saving features.
"...but well, and I think they with the the RAV4, when they announced"
The Toyota RAV4 is a small SUV that is great for families and everyday use. It's known for being reliable and having plenty of space for passengers and cargo.
The Toyota RAV4 is a compact SUV that has been in production since 1994. It is known for its versatility and practicality, making it a popular choice among consumers looking for a reliable vehicle.
"...the same thing happened with the forerunner. If you go past the that base trim to any of the other trims..."
The Toyota 4Runner is another SUV from Toyota that is built for off-roading. It has different versions, or trims, that can change how much it costs and what features it has.
The Toyota 4Runner is a midsize SUV known for its off-road capabilities and rugged design. It offers various trims, which can affect pricing and features.
"...where was it 20% of all car payments are now over $1,000 a month? Oh, yeah. You know."
Car payments are the monthly bills you pay when you borrow money to buy a car. Many people are now paying over $1,000 each month because cars are getting more expensive.
Car payments refer to the monthly amount a borrower pays to a lender for financing a vehicle. With rising vehicle prices, many consumers are now facing higher monthly payments, often exceeding $1,000.
"...so many people now have seven and eight year car loans. It's just insane."
A car loan is money you borrow to buy a car, which you pay back over time, usually in monthly installments. Some loans can last a long time, even up to eight years.
Car loans are loans specifically taken out to purchase a vehicle, typically with terms ranging from three to eight years. The length of these loans can significantly affect the total interest paid over time.
Term
$50,000 mark
"...for at least the next year or two, you know, it's going to be hovering right around that $50,000 mark for for a while now."
The '$50,000 mark' is a price level that many people consider when buying cars. It often represents a point where cars are more expensive and might have more features or be considered luxury vehicles.
The '$50,000 mark' refers to a price point that is significant in the automotive market, often indicating a threshold for luxury vehicles or higher-end models. It can influence buyer decisions and market trends.
"It's the interest rates amount, too. I mean, that doesn't help."
Interest rates are what you pay extra when you borrow money. If the rate is high, you'll end up paying a lot more each month for your loan.
Interest rates are the cost of borrowing money, expressed as a percentage. Higher interest rates increase the total amount paid over the life of a loan, making monthly payments more expensive.
"...you were able to buy your used car without a payment, but used car financing can be higher. The new car financing. That's true. Yeah."
Used car financing is when you borrow money to buy a car that has been owned by someone else before. These loans usually come with higher interest rates compared to loans for brand new cars.
Used car financing refers to the process of obtaining a loan to purchase a pre-owned vehicle. Typically, interest rates on used car loans are higher than those for new cars due to factors like depreciation and perceived risk by lenders.
"...you're not going to get your used car loan through the captive finance company, the automaker, you know, and they usually give the best rates..."
A captive finance company is a bank that is part of a car company. It helps people get loans to buy cars from that company, usually offering better interest rates than regular banks.
A captive finance company is a financial institution owned by an automotive manufacturer that provides financing options for customers purchasing their vehicles. They often offer competitive rates to encourage sales of new cars.
"There's an NC Miata for ten thousand dollars near me. So I'm just, you know, if I do decide to sell, there's one of my driveway."
The Mazda MX-5 Miata is a small sports car that is fun to drive and easy to handle. It's a great choice for people who enjoy driving and want something affordable.
The Mazda MX-5 Miata is a lightweight two-seater sports car known for its excellent handling and fun driving experience. It's popular among car enthusiasts for its affordability and sporty design.
"I drove my friend in his N.A. He messed up his his knee. We were at Taekwondo tournament and he got kicked in the knee."
The Mazda MX-5 is a small sports car that seats two people. The N.A. is the first version of this car, made in the late 80s and 90s, and it's known for being fun to drive.
The Mazda MX-5, also known as the Miata, is a lightweight two-seater sports car. The N.A. refers to the first generation of the MX-5, produced from 1989 to 1997, known for its classic roadster styling and engaging driving experience.
"Like that's me in the Lamborghini in the the Huracan. I was at Willow Springs and my head was caught at 45 degrees..."
The Lamborghini Huracan is a fast sports car with a strong engine. It's built for racing and is very popular among car lovers.
The Lamborghini Huracan is a high-performance sports car known for its powerful V10 engine and advanced aerodynamics. It's designed for speed and agility on the track, making it a favorite among car enthusiasts.
"Like I my friend had an S 2000. I wanted one so bad and I went to get in it and I'm like, well, this will never work."
The Honda S2000 is a small sports car that is very fun to drive. It has a powerful engine that can rev very high, making it exciting for car fans.
The Honda S2000 is a two-seat roadster known for its high-revving engine and exceptional handling. It has a reputation for being a fun and engaging sports car, particularly popular among driving enthusiasts.
"So I have the BRZ, BRZ, the the the Miata for tall people."
The Subaru BRZ is a small sports car that is fun to drive and easy to handle. It's designed for people who enjoy a sporty driving experience.
The Subaru BRZ is a lightweight, rear-wheel-drive sports car known for its agile handling and driver engagement. It's often praised for its balance and fun driving dynamics, making it a favorite among enthusiasts.
"...typical Toyota four cylinder. Yeah, very typical of that. And again, the pricing was a little bit higher than I was sort of thinking."
A four-cylinder engine is a kind of engine that has four small chambers where fuel and air mix and burn. It's popular because it usually gives good power while using less fuel.
A four-cylinder engine is a type of internal combustion engine that has four cylinders arranged in a line or in a configuration. This engine type is known for its balance of power and fuel efficiency, making it a common choice in many compact and midsize vehicles.
"...still, 42 MPG is is pretty nice and and a good viable option for for the entry space."
MPG means how far a car can go on one gallon of gas. If a car gets 42 MPG, it can travel 42 miles using just one gallon of fuel, which is pretty good for saving money on gas.
MPG stands for 'miles per gallon' and is a measure of fuel efficiency for vehicles. It indicates how many miles a car can travel on one gallon of fuel, with higher numbers representing better fuel economy.
"So you almost always get a Chrysler Pacifica. I got to say, you see, in a hybrid once and I was so excited because I got a great gas mileage."
The Chrysler Pacifica is a family minivan that has a lot of space and features. Some versions can save on gas because they use a hybrid engine, which combines gas and electricity.
The Chrysler Pacifica is a minivan known for its spacious interior and family-friendly features. It offers options for hybrid powertrains, which can provide better fuel efficiency.
"I cannot say enough nice things about minivans. And no matter how often I tell people, they're like, you know, man, but then you see the people who have minivans and you're like, they get it."
A minivan is a type of car that is designed to carry a lot of people and their stuff. They usually have sliding doors and a lot of room inside, making them great for families.
Minivans are versatile vehicles designed for families, offering spacious interiors and multiple seating configurations. They often prioritize comfort and practicality over sporty performance, making them ideal for transporting children and cargo.
Mercedes is a famous car brand that makes high-end cars. They are known for being luxurious and having lots of features that make driving enjoyable.
Mercedes-Benz is a well-known luxury automotive brand that produces a range of vehicles, including sedans, SUVs, and sports cars. They are recognized for their quality, performance, and advanced technology.
"You hit the button, the door slides open. You have this giant opening to shove your child into the seats... so if you got sliders, perfect."
Sliding doors are doors that move to the side instead of opening outwards. They make it easier to get in and out of the back seats, especially when parked close to another car.
Sliding doors are a type of car door that opens by sliding sideways rather than swinging outward. This design is particularly useful in tight parking spaces, allowing easier access to the rear seats, especially for children.
"...I have a Mercedes Benz, a Mercedes AMG G 63. So the exact same kind of car that we had. And, you know, I mean, this car,..."
The Mercedes-AMG G 63 is a powerful and luxurious SUV that is great for off-roading. It's part of the G-Class lineup, which is known for its boxy shape and strong performance.
The Mercedes-AMG G 63 is a high-performance version of the iconic G-Class SUV, known for its powerful engine, luxury features, and off-road capabilities. It combines ruggedness with premium amenities, making it a favorite among enthusiasts and luxury buyers alike.
"...r in size to, you know, a four door Wrangler or a Bronco. And but the front seats, you know, you get these"
The Ford Bronco is a tough SUV that you can take off-road, meaning it can handle rough terrain and adventures. It's a popular choice for people who like outdoor activities and want a vehicle that looks cool and can go anywhere.
The Ford Bronco is a classic American SUV that has been reintroduced with modern features while retaining its rugged, off-road capabilities. It is significant for its nostalgic appeal and versatility, making it a popular choice among adventure enthusiasts. The Bronco competes directly with vehicles like the Jeep Wrangler, emphasizing off-road performance and customizable options.
"...his thing, which actually is better than the Jeep recon we talked about last week, which is only 9.1 inch..."
The Jeep Recon is a new electric SUV that is made for people who love to go off-road. It combines Jeep's tough design with electric power, making it good for adventures.
The Jeep Recon is an upcoming electric SUV designed for off-road enthusiasts, showcasing Jeep's commitment to electrification while maintaining its rugged heritage. It aims to provide the capability expected from Jeep vehicles in a more environmentally friendly package. Discussions often revolve around its features and off-road capabilities.
"...ear tear comes down. It's like when I see a lower WRX or STI, I'm like, what are you doing? What are yo..."
The Subaru WRX is a fast car that can handle all kinds of weather because it has all-wheel drive, which means all four wheels get power. It's popular with people who like to drive quickly and enjoy racing or sporty driving.
The Subaru WRX is a high-performance sports sedan known for its all-wheel-drive system and rally-inspired design. It has a strong following among car enthusiasts due to its turbocharged engine and agile handling, making it a favorite for both daily driving and motorsport. The WRX is often discussed for its performance capabilities and modifications.
"...ove on to some other stuff. So remember the Dodge Magnum? The Dodge Magnum, the coolest thing Dodge has do..."
The Dodge Magnum is a cool-looking wagon that has a lot of space and can go fast. It's a fun choice for people who want a car that stands out and is practical at the same time.
The Dodge Magnum is a unique station wagon that offers a blend of performance and practicality, featuring a powerful engine and spacious interior. It has gained a cult following for its distinctive styling and versatility. Discussions often revolve around its place in the automotive market and its appeal to enthusiasts.
"...that they used as the base for this image was the Charger Daytona. And they put an extended roofline on it to turn ..."
The Dodge Charger Daytona is a fast car that looks sporty and is made for people who love speed. It's a modern take on a classic car that has a lot of history.
The Dodge Charger Daytona is a performance-oriented version of the classic Charger, known for its powerful engine and sporty design. It pays homage to the Charger’s racing heritage while incorporating modern technology. Discussions often focus on its performance capabilities and nostalgic appeal.
"You know, they're, you know, they, they, they, they saw the lesson of the Cadillac CTS-V wagon, you know, that, you know. Okay, maybe I like that one better than the Magnum."
The Cadillac CTS-V is a fast and fancy car that combines luxury with high performance. It's designed for people who want a comfortable ride that can also go really fast.
The Cadillac CTS-V is a high-performance luxury sedan known for its powerful engine and sporty handling. It represents Cadillac's commitment to performance and has garnered attention for its capabilities on both the road and the racetrack. Discussions often focus on its blend of luxury and speed.
"...love this. They'll be able to buy another Jeep or Ram with $1,500 loyalty, which they'll almost pay for..."
The Dodge Ram is a big truck that people use for work or to haul things. It's known for being strong and having a nice inside, making it good for both jobs and family trips.
The Dodge Ram, now known as the Ram Truck, is a full-size pickup truck celebrated for its strong towing capacity and comfortable interior. It has become a staple in the truck market, appealing to both work and leisure users. Discussions often revolve around its capabilities, features, and loyalty incentives for buyers.
"..., there's, there's one about, it's Nissan Rolf or Frontier depending on, you know, which date it is, but sti..."
The Nissan Frontier is a smaller truck that can carry things and is good for work or play. It's a solid choice for people who want a truck that isn't too big but still gets the job done.
The Nissan Frontier is a midsize pickup truck that offers a balance of capability and comfort, making it suitable for both work and everyday use. It has a reputation for being durable and reliable, appealing to those who need a truck for various tasks. The Frontier is often discussed for its value and practicality in the truck segment.
"... blah, blah, blah. And there's one for, you know, Pathfinder Rock Creek Edition that really talks about kind o..."
The Nissan Pathfinder is a family SUV that has a lot of space for kids and stuff. It's a good option for families who need a car that can fit everyone comfortably.
The Nissan Pathfinder is a midsize SUV known for its family-friendly features and spacious interior. It has evolved over the years to offer modern technology and safety features, making it a popular choice for families. The Pathfinder is often discussed for its versatility and capability as a family vehicle.
"Yeah. Yeah, I mean, $34,000, $35,000 for the 500E was just, it was too much given, you know, what y..."
The Fiat 500e is a small electric car that is perfect for driving around the city. It's cute and helps the environment by not using gas.
The Fiat 500e is an electric version of the iconic Fiat 500, designed for urban driving with a compact size and efficient electric powertrain. It is significant for its stylish design and eco-friendly credentials, appealing to city dwellers. Discussions often focus on its practicality and affordability in the electric vehicle market.
"It's radical. That's why we bought a used EV6, because you can get it for half the original pri..."
The Kia EV6 is a new electric car that looks really cool and drives well. It's a great option for people who want an electric vehicle without spending too much money.
The Kia EV6 is an all-electric crossover that has received praise for its performance, design, and advanced technology. It represents Kia's commitment to electric mobility and offers a range of features that appeal to modern drivers. Discussions often highlight its affordability compared to other electric vehicles.
"...ble new ones coming to market now, the new Nissan Leaf, the new Bolt coming first of the year. And, and ..."
The Nissan Leaf is an electric car, which means it runs on batteries instead of gasoline. It's a good choice for people who want to save money on fuel and help the environment.
The Nissan Leaf is one of the first mass-market electric vehicles, designed to provide an eco-friendly alternative to traditional gasoline cars. It has gained popularity for its affordability and practicality for urban commuting. The Leaf is often discussed in the context of the growing electric vehicle market and advancements in battery technology.
"...e others, you know, have had price drops like the Ioniq 5, you know, is down to, starts at 35,000 now. But,..."
The Hyundai Ioniq 5 is a new electric car that looks really modern and has a lot of cool tech inside. It's great for people who want a stylish car that doesn't use gas.
The Hyundai Ioniq 5 is an electric crossover that has garnered attention for its futuristic design and advanced technology features. It offers a spacious interior and impressive range, making it a strong contender in the growing electric vehicle market. Discussions often focus on its affordability and innovative design.
"... for? As long as we're talking about Kia EVs, the EV5 Weekender, last year Kia that's at SEMA showed th..."
The Kia EV5 is a new electric SUV that is designed to be roomy and full of cool technology. It's perfect for families who want an electric car with lots of space.
The Kia EV5 is an anticipated electric SUV that aims to offer a spacious interior and advanced technology features. It represents Kia's continued push into the electric vehicle market, targeting families and tech-savvy consumers. Discussions often focus on its design and expected performance.
"...er. It's, you know, it's about the same size as a Sportage or Hyundai Tucson or RAV4. And it's, you know, it..."
The Kia Sportage is a small SUV that has a lot of room inside for people and things. It's a good choice for anyone looking for a comfortable car that can handle daily tasks.
The Kia Sportage is a compact SUV that offers a blend of style, comfort, and practicality. It has become popular for its spacious interior and advanced safety features, appealing to families and individuals alike. The Sportage is often discussed for its value and competitive pricing in the SUV market.
"...a. It's kind of like a scaled-down version of the EV9. Yeah."
The Kia EV9 is a new electric SUV that's big and has lots of room for people and their stuff. It's designed for families who want an electric car with plenty of space.
The Kia EV9 is an upcoming electric SUV that promises to offer spaciousness and advanced technology features. It represents Kia's expansion into the electric vehicle market, aiming to compete with other large electric SUVs. Discussions often focus on its design and anticipated performance.
"... could just buy a house in Mexico so we can get a Jimny. There you go."
The Suzuki Jimny is a small, tough car that can go off-road and handle rough paths. It's loved by people who enjoy outdoor adventures and need a reliable vehicle.
The Suzuki Jimny is a compact off-road vehicle known for its ruggedness and capability in challenging terrains. It has a loyal following due to its classic design and practicality for outdoor adventures. Discussions often center around its off-road prowess and charm as a small SUV.
"... when we were doing a first drive for the Lincoln Corsair and there, you know, was driving along and, you k..."
The Lincoln Corsair is a fancy small SUV that is designed for comfort and style. It's a great choice for people who want a luxurious car that feels nice to drive.
The Lincoln Corsair is a luxury compact SUV that emphasizes comfort and technology, making it a strong contender in the luxury market. It offers a refined driving experience and a spacious interior, appealing to those seeking a premium vehicle. Discussions often highlight its features and design.
"...o there's, you know, pilot travel centers, Silver Comet Energy, Power Up America, what else? Love's Trave..."
The Mercury Comet is an old car from the 60s and 70s that people remember for its cool design. It's a favorite among collectors who love classic cars.
The Mercury Comet is a classic American car that was produced during the 1960s and 1970s, known for its stylish design and performance. It represents a nostalgic era of automotive history and is often discussed among vintage car collectors. Its significance lies in its unique character and place in the Mercury lineup.
"today, particularly the real ones, you know, that actually drive unsupervised, they, they're all electric vehicles right now, including Waymo's Jaguar I-paces and Zeekers and soon their Hyundai Ionic Fives. And in Santa Monica, Waymo has two lots where they bring their"
The Jaguar I-PACE is a fancy electric SUV that looks great and drives really well. It's perfect for people who want a luxurious car that doesn't use gas.
The Jaguar I-PACE is a luxury electric SUV that combines performance with eco-friendly technology. It has received numerous awards for its design and innovation, making it a standout in the electric vehicle market. Discussions often highlight its luxury features and driving experience.
"...Waymo's Jaguar I-paces and Zeekers and soon their Hyundai Ionic Fives. And in Santa Monica, Waymo has two lots wh..."
The Hyundai Ioniq 5 is a new electric car that looks really modern and has a lot of cool tech inside. It's great for people who want a stylish car that doesn't use gas.
The Hyundai Ioniq 5 is an electric crossover that has garnered attention for its futuristic design and advanced technology features. It offers a spacious interior and impressive range, making it a strong contender in the growing electric vehicle market. Discussions often focus on its affordability and innovative design.
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This is episode 429 of Wheel Bearings. I am
Sam Abul-Samet from Telemetry. I'm Roberto Baldwin from SAE Media, SAE International, man, well
both actually. I'm from SAE Media and SAE International. I'm from all the SAEs.
And I'm Stephanie Brinley from S&P Global Mobility.
And something else, just make up something now.
And Nicole I think is still in Europe, I mean a couple of days ago she sent some photos,
she texted us some photos of Mercedes, CLA, EV, partially camoed somewhere in Germany so.
Somewhere in Germany, you know I'll be somewhere in Germany tomorrow.
Oh yeah?
Oh.
Yeah and I'll probably be driving those cars.
I think that's all I can say.
I don't know.
Tell me when I get there.
Tell me when I get there.
It's on future date.
All right, well Steph, since you're our guest today, why don't you tell us what
you drove?
I drove the Corolla Cross Hybrid this week. And you know when I was driving it,
I, you know, from Michigan people, right, I drove up to Trankin with Thanksgiving.
And I love how small and compact and just easy to live with it is. I found,
I was a little bit surprised that the midrange power on the highway was better
than I expected it to be. I mean, it's, it's, you know, a little hybrid with not
a ton of power. So it's not a super fast vehicle, but it handled pretty well.
And I was enjoying it. I was like, OK, this is kind of neat.
It didn't feel like it was quite as noisy as a lot of Toyota hybrids tend to be.
And then let's double check the price on this thing.
Oh no.
Yeah. I'm like, OK, maybe not.
And then I'm so I'm trying to figure out how upset I am about the price right now.
It's it's 35,999 dollars
before the $1,450 destination fee.
So it's 37,449 dollars.
Now, just for kicks, I compared the non hybrid
to XLE, which is similarly equipped to the one that I have.
And it was thirty four thousand eight hundred and ten dollars
before the destination fee.
So your hybrid was also an XLE.
It was similar.
It's XSE. It was XSE for the hybrid.
But so there's similar content.
A little bit different.
Couldn't quite get it to be exactly the same when you go from hybrid to gas.
And and so there's still a I was looking to find the gap between the two
and there's still a pretty good gap between the hybrid and the non hybrid.
And that's that's where your that's where the extra.
Oh, geez, that was more expensive than I thought came from, I think,
is the gap between the hybrid and the non hybrid.
And overall, it's probably, you know, if you think about an average
price of, you know, forty eight or forty nine thousand dollars,
it's still well low average.
But it's it still felt like a little bit of a surprise.
I was I was thinking closer to thirty three.
You know, which is before there's any options on this one.
The base price is thirty three thousand dollars.
But then you throw a couple of options on to it and the destination fee.
And all of a sudden you're at thirty seven five.
A lot of money for something with that has a Corolla badge, but no GR badge.
Yeah, well.
But you look at the at the Corolla with the good badge on it.
And you're not at that price either.
Let's look at that.
Yeah, the GR is like upwards of forty now.
Yeah, but that's upwards of forty base.
Yeah. So you're going to hit forty seven
before you're easily easily.
So you can get a Corolla GR for, you know,
ten thousand dollars more than this one.
Yeah.
It's not exactly.
Well, it's it's funny, you know, when the prelude pricing came out,
they sent it along with like, oh, based on inflation,
it's actually less than like the 2002 prelude or whatever.
And so when you look at like, you know, we can say, oh, well,
based on inflation, this car is actually cheaper than, you know, a car.
But that's based on inflation.
We pay hasn't increased based on inflation.
There's the there's the big issue is that the amount of money we take home
hasn't kept track with inflation for a very long time.
So it just keeps getting everything gets getting more and more expensive.
Well, we're getting a bigger and bigger percentage of our paycheck.
Yeah, it's if there's a larger and larger gap every year.
So when you say, well, it's only, well, according to inflation,
this car was only like, you know, eighteen thousand dollars.
I'm like, yeah, but I make less than I would have in the 90s.
Well, and I saw that that Honda comparison and it was clever
because they compared to the last year of the prelude.
So yeah, you're randomly comparing to 2001.
Sure. Yeah.
But a lot, a lot has changed.
And I mean, you know, a vehicle for ability is going to be a problem all year
line. It's not going to get any better.
Same with everything else.
But well, and I think they with the the RAV4, when they announced
the RAV4 pricing a week or two ago, you know, I think they did something similar.
You know, they compared the price of the base RAV4.
What S E trim, I think is the base trim, you know, to and compared that
to the cheapest twenty twenty five RAV4 hybrid.
And that trim was slightly cheaper by, I don't know, a couple hundred dollars.
But you know, that doesn't take into account the fact that you can't get a gas
only RAV4 anymore. And there was a cheaper RAV4 gas last year that is now gone.
And if you and the same, you know, the same thing happened with the forerunner.
If you go past the that base trim to any of the other trims,
they're all all the other trims are more expensive than the equivalent
twenty twenty five models.
And it was the same thing with the forerunner and with the Tacoma,
you know, so they have they get a cheap baseline price that for a version
that almost nobody buys. Yeah.
And then everything else is more expensive and in some cases by a lot.
Yeah, it's just like the huge, huge leaps in any trim below.
You get like four wheels and like some vice grips for a steering wheel.
Yeah. Yeah. Well, you know, pricing is still going to be pressured all year.
Yeah. Now that the tariffs have settled down to a degree.
We hope. I know for the moment.
All you can do is know.
Fingers crossed.
It's pretty preoccupied with going to war with a country that hasn't done anything
to us yet. Yeah.
So they're almost settled.
But that does mean that the automakers can get a better grip
on what their pricing needs to be.
For next year.
So, you know, we do expect to see more impact
and and we'll see exactly what that translates into.
But, you know, consumers, of course, are facing, you know, everything else
is more expensive as well.
And and we do didn't double check our forecast for 26,
but we do expect 26 to be lower sales than 25.
But the weird thing about all this pricing conversation that we have,
we talk about pricing a lot, talk about affordability a lot.
Somehow or another, consumers were resilient enough in 2025
that they're going to buy almost as well a little bit more,
a few more cars than they get in 2024.
And in 2024, we kind of thought affordability might be a bit of a problem.
We've been talking about this for years and consumers just keep buying cars.
It is crazy what people are paying for cars
and their loans and how much they're paying per month.
And I'm like, that's insane.
I mean, I feel like the cheapest person on my block.
Yeah. I mean, you know, we've talked about this on several occasions,
you know, where was it 20% of all car payments are now over $1,000 a month?
Oh, yeah. You know.
And, you know, so many people now have seven and eight year car loans.
It's just insane.
So much money.
Like who I it doesn't help that I live in the Bay Area.
So there's that. And then we bought a house in the Bay Area.
So that like, you know, we already have the squeeze of that.
But even here in Michigan, you know, it's it's still very expensive.
Yeah, it's a lot of money.
I'm lucky, you know, we haven't had a car payment in.
Seven years. Yeah.
About seven years now.
That's that last set of car payment.
You know, both of our cars are paid off.
So, you know, and that that's part of the reason why this year,
when we when we did decide to replace our old car,
we bought a used car for the first time in a long time.
I've never been paid.
Mine's paid off, but mine's old.
And that's one of the things I'm not, you know, am I going to buy a new car?
Is here. I don't know. It's crazy.
I might could happen.
But yeah, my my man has been paid off for a while.
And it is nice to go without a car payment.
And historically, when I bought a car, I've gotten it paid off
well before the loan term and and only had car payments for a couple of years.
But I don't know if that's possible
with the way that pricing is right now.
Yeah, that's yeah.
You know, average transaction prices, you know, topped 50,000
and was it September or October?
Yeah. Well, there were there were some other factors.
Yeah, yeah.
And it dipped back down again in October, slightly just below.
But I'm, you know, my guess is that, you know, for at least the next year or two,
you know, it's going to be hovering right around that $50,000 mark for for a while now.
I don't even know.
It's probably it's not, you know, it's probably going to just bounce up
and down just around that that mark, but, you know, not really drop significantly.
So in that context, you know, $36,000 for a Corolla Cross hybrid
is not as crazy as it sounds.
But yeah, it'll it'll feel like
when you think about the economics that we're like, OK, 36,000,
OK, three year loan, right?
How much down or anything in 10%?
Oh, my God, it's a lot of money for a Corolla.
It's the interest rates amount, too.
I mean, that doesn't help.
Yeah, that's that's a big part of what contributes
to those $1,000 a month payments is the the interest rates
on a lot of these loans because you end up, you know,
just paying an exorbitant amount.
Yeah, it's it's been it's been nice lately, you know, looking at my
my mortgage statement and seeing, you know, that we're
we're we're in the approaching the final years of our mortgage.
And so now the vast majority of my monthly mortgage payment
is going to principal and not interest.
That's nice. Yeah, we're only six we're only six years in.
So I'm I'm I just bought us and tried to set things up.
I should be paid off in a couple of years.
But I did that I did a big lump payment the summer.
And so I saw that same thing, Sam.
It was really nice.
Yeah, it's really nice to see that that drive.
If I can pay less interest, that's better.
Yeah, we we pay every two weeks.
So twice a year, we're just paying directly to interest
instead of once a month.
Look at that. Look at all the financial advice we're giving to people.
Right. Yeah. Save up all your money.
Just pay off your house and buy a used car.
That's our that's the wheelbarrow's motto.
Well, no, be careful of buying.
Well, you know, Sam, you were able to buy your used car
without a payment, but used car financing can be higher.
The new car financing.
That's true. Yeah.
Get a little bit there, too.
Yeah, you do end up typically paying more
in interest rates on used car loans
because generally you're not going to get your used car loan
through the captive finance company, the automaker, you know,
and they they usually give the best rates, you know.
So if you have to go through your bank or credit union
or have them forbid through the dealer, you know,
you're going to end up paying a lot more in interest rates.
So that that that's actually another major challenge with used cars.
There's a there's an NC Miata for ten thousand dollars near me.
So I'm just, you know,
if I do decide to sell, there's one of my driveway.
I don't know how to sell it for, but I don't know.
Probably can fly here and drive and drive it home.
Yeah, I only I only fit Nandy's.
You fit in the N.D., but you don't fit in the NC.
Nope, because of the way the the cross member is for the the the.
I'm not retractable. Does it stop the retractable top? Yeah.
I drove my friend in his N.A.
He messed up his his knee.
We were at Taekwondo tournament and he got kicked in the knee.
And so I had to drive him to the hospital in the snow in his N.A.
And I was driving like that at my head all cocked like 45 degree.
It was horrible.
I was like, man, this car sucks.
Well, and you're you're quite a bit taller than I am, Robbie.
You know, and the last time I drove a monster was at the the Mama Spring Rally
last in twenty three and twenty four at Road America.
And I went to take an N.D. out on the track.
And when you go on the track, you have to wear a helmet.
And it was kind of a rainy day.
So had the top up at the top close.
It was an RF, so it was the hard top had the top closed.
And with the helmet on, you know, I was like that, you know, my head cocked over
because that's me and I could not fit with a helmet on.
Like that's me in the Lamborghini in the the Huracan.
I was at Willow Springs and my head was caught at 45 degrees
with with trying to drive on Willow at Willow Springs in the Lamborghini.
It was like not great.
Never being a little shorter than you guys.
Yeah, see that's
everyone's like, oh, you're tall, you can reach things.
I'm like, yeah, but most like fun sports car.
Like I my friend had an S 2000.
I wanted one so bad and I went to get in it and I'm like, well, this will never work.
That is never going to be part of my life.
So I have a small sports cars.
Yeah. So I have the BRZ, BRZ, the the the Miata for tall people.
Yeah.
Anything else on the crawl across?
That that was about it.
I mean, really comfortable and comfortable for it's no segment and in what
and more pleasant to drive than I was sort of expecting.
And knacked around a little bit.
I again, I like things that are small like that
and and ease abilities, ease abuse of that space.
A little quieter than I thought it was going to be from the engine
the the road noise and the tires was pretty high.
Yeah, just radio up.
That's typical Toyota four cylinder.
Yeah, very typical of that.
And again, the pricing was a little bit higher than I was sort of thinking.
But as we've talked about, it's it's it makes a little bit more sense.
And still, 42 MPG is is pretty nice
and and a good viable option for for the entry space.
It just the entry space is not what it used to be.
Yeah, yeah.
All right, Robby, tell us about your adventure this week.
So I drove to Palm Springs and back, which is over 500 miles.
And we took the dogs and we, you know,
usually drive the dogs around in the Onyx five, but that's so much time in a car.
So what we do when we go on long trips with the dogs, we will rent a minivan
and then I have to spend like an entire day when we get back cleaning
the minivan because you're not supposed to put dogs in your rental minivan.
Um, that's it.
So you almost always get a Chrysler Pacifica.
I got to say, you see, in a hybrid once
and I was so excited because I got a great gas mileage.
But not this time.
I got the Chrysler Pacifica S, which is like, ooh, it felt fancy.
There was like, you know, USB ports in the back for the second row,
which didn't matter because all the seats were down
because there's a big dog bed in the back for the dogs.
Um, that's it.
I have never had a car that dropped carplay more than this.
Just non stuff.
They used to be driving.
Is it wired or wireless?
Either wired and wireless.
That's that's why I was like, oh, I'll just unplug it.
Maybe there's something going.
Nope, USB C, USB A.
It had both, by the way, which was nice.
But still either it just kept dropping carplay.
So I'm not a hundred percent sure it was the car or if it was my phone.
But my phone has not dropped carplay in my car at all.
The entire time I've been back because, you know, there was an update
for the iPhone and God knows what they're doing over in Apple anymore.
So that was kind of a pain in the butt.
I got about 22 miles, 22 and a half miles per gallon driving down there.
That's doing like 80, 85 again, speeding the speed limit 70.
So of course, I'm going to go faster than that
because I'm a horrible person on the freeway.
It was comfortable.
It was, yeah, it was a comfortable, it was a comfortable vehicle.
Sto and go still like, you know, double thumbs up for Sto and go
for a second and third row, tons of room for all the random stuff.
Like just, you know, stuff starts sliding because there's so much room.
You don't have anything to like buy.
So you have to very carefully put things in.
The dogs enjoyed it.
They like being able to stand up, walk around, come put their heads
between the two drivers, the two front seats, because they are also
driving as far as they're concerned.
That is the way it works with dogs and cars.
Yeah, yeah, the transmission, man.
It is that's the nine speed.
Yeah, it's not.
It's it's everything happens about three seconds.
Later. But again, it's a it's a minivan driving around town.
Transmissions like that in order to like redo, you know, get you some better fuel economy.
I think for most of your driving, you're going to be fine.
But it is, yeah, I didn't sit in the second or third row.
I did clean those rows, which was nice.
So well, at least you didn't have to actually clean those seats.
No, I didn't have to clean the seats.
So that was good.
Overall, it's, you know, if you're looking for a used minivan, this is probably
about a twenty, twenty three, twenty, twenty four.
It's only like it only had like 60,000 miles.
But those are 60,000 rental car miles.
Those are some hard miles.
Those are a guy throwing his German Shepherd and his tiny German Shepherd
in the back of car and blasting down Interstate five.
That said, yeah, give it give it a look.
You know, if you want to go up a little bit,
you're probably going to, you know, look at the Sienna or the Odyssey.
But you can't beat Sto and go, right?
Especially if you if you haul a lot.
And I when we moved, we had movers because we used to live
on the fourth floor of a walk up in San Francisco.
So after living there for over 10 years and just carrying things up,
we're like, we're not carrying all this down because now we're old.
We had movers move all this stuff, except, you know,
there's always that extra stuff.
And I didn't rent a minivan.
I didn't I'm sorry, I didn't rent the SUV.
I didn't rent a truck.
I rented a minivan to get all that extra stuff into the, you know,
to our new house.
And that's the the the brilliance of a minivan.
You have the little doors slight open as you're walking up as low load height.
There's tons.
There's so much room that you don't think about that you lose
when you have an SUV, you're sitting lower.
You feel, you know, it's just it's kind of a nicer driving experience
on the on the freeway, just cruising.
It's a better, you know, touring vehicle than an SUV.
I cannot say enough nice things about minivans.
And no matter how often I tell people, they're like, you know, man,
but then you see the people who have minivans and you're like, they get it.
They get I have a cousin who has kids and they had a minivan for years.
It wasn't an unfortunately, someone's T-boned it.
But I remember when I saw it, I'm like, you get it.
This is he's a Mercedes dealer.
Yeah, he works at a Mercedes Benz dealership.
And so he could have like gotten anything.
Nope, got the Honda Odyssey.
So, yeah, Chrysler Pacifica S.
The S stands for sure.
Why not pay the extra money?
You probably don't need that if you're if you're hauling kids.
It's a little bit it's it feels like it's a little bit geared towards.
Oh, you know, you're going to pick up some fancy people from the airport.
It's like get shorty.
You know, everyone's yeah.
Yeah, the one thing to remember is if you if you go with the plug-in
hybrid version of the Pacifica, you lose the stolen go for the second row seats
because the seats go is where the battery is.
And you can't take them out.
I when it first came out, I took them out.
It doesn't take too long, but now you got to store these seats somewhere.
And if you're going on a long trip, like, let's say we decided
while we were in Palm Springs, we decided to take a bunch of people
somewhere. If we had the hybrid, it wouldn't have made, you know,
sorry, three people could sit in the very back.
Also, what's really weird is sometimes I don't know why rental places
will buy plug-in hybrids.
There's absolutely no reason in the world to rent
anyone a plug-in hybrid because they're going somewhere.
Yeah, typically, and they don't have anywhere.
You know, they're going to a hotel.
Where are they going to plug in?
So I've had more than a few people who like will call me or text me
or rent to the car and they're like, I got this hybrid
and it's not even giving me any extra.
I'm like, does it have a plug?
You're like, yeah, I'm like, yeah, you got hosed.
It doesn't make any sense why they're passing out plug-in hybrids
for rental cars.
It's like you either get a gas car or an electric car or a hybrid.
Don't get a plug-in hybrid when you rent a car.
There's the unless you have somewhere to plug in at your destination.
Chances are it's not.
You know, a lot, you know, there's, you know, if you're staying in an Airbnb
or something like that, there's actually a reasonable chance
that you might have somewhere to plug it in.
And, you know, if you're going to rent it and then just, you know,
drive around town, you know, use it to get around town every day.
That's that's actually not a bad solution.
But like for what you were doing, you know, which is driving
from the Bay Area to Palm Springs.
Yeah, it would make no sense.
No, it makes no sense. Try to get the hybrid.
You're going to be happier overall.
Or to, you know, yeah.
In the middle of all this conversation, passenger vans this year through September.
They're all 37,000 registered give or take
January through September of 25 January through September of 24.
It was 268,000.
So it's a weird segment that's it's picking up this year.
Yeah, we finally have talked to everybody into the awesome
like every I think almost every automotive journalist is like,
you know, vans are pretty rad.
Yeah, maybe you should get a van or a wagon.
And people are like, if you if you've got young to, you know,
teenageish, you know, preteen kids.
A mini van sliding doors, low load height.
You know, so it's easy to get, you know, especially if you got younger kids,
you have to put them into booster seats and things like that.
You know, the kids can climb into the vehicle themselves
and then you lift them up into the booster and get them buckled in.
It's so much easier than doing the lift up into an SUV and trying to do this.
I try to explain the scenario with, you know, they're holding the child.
They're walking to the car.
You can either try to open the car, you open the door,
you're going to hit the car next to you.
You're trying to squeeze in there or you walk up.
You hit the button, the door slides open.
You have this giant opening to shove your child into the seats
and then just like, you know, if your kids are old enough that, you know,
when you do park the car and it's time to get out, you know,
and they're going to open the back doors themselves because they're crazy.
You know, they're not going to take that care not to ding the car next to it.
You know, so if you got sliders, perfect.
Boom. You're done. You're golden.
If you're a parent, do you like when you're when you're parking?
This is a question for parents with with like young, youngest kids who could open the door.
Do you when you're parking, if you see a car that's very expensive,
do you go and find another parking spot?
Or are you just like so tired all the time because you have children?
That you're just like, well, roll the dice, buddy.
Hey, don't hit that car. Clunk, whatever.
I don't. I mean, thinking back to when our kids were younger,
I don't think I specifically looked for
spaces away from more expensive cars, but just wider spaces.
You know, because a lot of times are, you know,
there's not a whole lot of room when you pull in.
And so finding a space that's got more room on the sides,
regardless of what's parked next to it, is definitely was definitely something we did.
Cool. Oh, I did the bill challenge.
I didn't pee for a really long time.
By the way, when we were talking, we were talking about pricing and stuff as well.
So see, I'm looking at numbers while we're talking here.
Yeah. Because why not?
And really, you know, it looks like from our data, about 49 percent
were in the 40 to $47,000 price range, give or take.
And 15 percent in the 46 to 50.
So 40, yeah, 40 to 46, 499.
And then 46, 500 to 49, 9, 9, 9, 9 is another 15 percent.
So it looks like most of these are really going in that,
in that 40 to 50 thousand dollar price range,
which is not that bad in the context of what we were talking about.
Look, roll across being at 37, including destination.
This would not include destination.
So 36, including destination.
You can you can step up a little bit more if you really need to get a minivan.
I'm looking at a youth price.
Increasingly hard to find, you know, a reasonably equipped three row SUV
for under 50 grand.
Right. And you fit in the back of a minivan.
Yeah. Like most three row SUVs, I get in the back and I'm like, well, I did it.
Can I go now?
It's like when someone gives you food that you know is not going to be great.
And you're like, well, I'll taste it.
That's a third row in most in most SUVs.
Like, well, I did the thing to say that I did it.
I'm never going to do this again.
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