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Buying a Car in America is Broken & This PROVES It | Episode 968

Buying a Car in America is Broken & This PROVES It | Episode 968

CarEdge Live Nov 24, 2025 28 min
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About this episode

Car shopping in America is riddled with inconsistencies and deceptive practices, as revealed by a recent study where 104 dealerships were contacted for pricing on the same vehicle. The hosts discuss the staggering price differences, sometimes reaching up to $18,000 for identical models, and the lack of transparency in dealer advertising. They explore the systemic issues within the automotive retail industry, including the failure of dealerships to respond to inquiries and the implications of state regulations. The conversation highlights the need for better consumer awareness and the challenges of navigating the car buying process.

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Technical Too Afraid to Ask
Term

out-the-door pricing

"...asking for out-the-door pricing on pretty much the same vehicle that they had in stock nationwide. We're gearing up to do round two of that."

Out-the-door pricing is the final amount you pay for a car, including everything like taxes and fees. It helps you know exactly how much money you'll need to spend to buy the car.

Term

MSRP

"...all the same make, model, and trim with MSRP's between 64,500 bucks and 65,500 bucks."

MSRP is the price that the car maker suggests you should pay for a new car. It's like a starting point for how much a dealership might charge you.

Car

Ford F150

"...for the same MSRP, Ford F-150 XLT. We'll dig into more of the data here. We'll click through to some of the dealer websites..."

The Ford F-150 XLT is a version of Ford's popular pickup truck, known for being tough and versatile. The 2025 model has features that make it good for both work and everyday use.

Concept

retail automotive

"Okay, it's retail automotive. It is states not enforcing FTC and state advertising regulations..."

Retail automotive is about how cars are sold to people. It includes everything from the prices you see advertised to how dealerships help you buy a car.

Term

FTC

"It is states not enforcing FTC and state advertising regulations, allowing dealers to manipulate the prices..."

The FTC is a government agency that makes sure companies don't lie in their ads. This includes making sure car dealers are honest about prices.

Term

dealer discount

"MSRP, dealer discount, retail bonus cash. Here's your price."

A dealer discount is when the car dealership lowers the price of a car. This can happen for sales events or if they have too many cars in stock.

Company

TASCA Ford

"[432.2s] TASCA Ford. [434.0s] Yes."

TASCA Ford is a car dealership that sells Ford vehicles. They help customers buy new or used cars and provide services like maintenance.

Term

out-the-door price

"[449.0s] ...we're actually going to get out the door prices from as many of these dealers..."

The out-the-door price is how much you will actually pay for a car after adding everything like taxes and fees. It's the total cost to take the car home.

Company

Flood Ford

"this one here from Flood Ford, which is also in Rhode Island,"

Flood Ford is a car dealership that sells Ford vehicles. They also provide services like car repairs.

Term

Woodhouse discount

"...and get an $8,528 Woodhouse discount? And then obviously I've got the trade assistance too..."

The Woodhouse discount is a special price cut offered by a car dealership called Woodhouse. It helps make buying a car cheaper.

Term

retail bonus cash

"...and the retail bonus cash that they're all adding up for my $51,551 price point."

Retail bonus cash is money that car manufacturers give to dealerships to help them sell cars. It can lower the price you pay when buying a car.

Term

trade assistance

"...and then obviously I've got the trade assistance too and the retail bonus cash that they're all adding up for my $51,551 price point."

Trade assistance is money that car companies give you when you trade in your old car for a new one. It helps lower the price of the new car you want to buy.

Term

price point

"...for my $51,551 price point. Like this is what's broken about buying a car in America."

Price point is the specific price at which something is sold. When talking about cars, it means the amount you expect to pay after discounts.

Concept

rebate

"let's apply every rebate known to man, let's not include the $2,495 destination fee"

A rebate is a way to get some money back after you buy something. In car sales, it means the dealer or manufacturer gives you a discount after you've paid for the car.

Term

destination fee

"let's not include the $2,495 destination fee from the manufacturer and we're just gonna advertise"

The destination fee is the cost to deliver a car from the factory to the dealership. It's an extra charge you might see when buying a car.

Term

dock fees

"...when you add back in, you know, the dock fees or the add-ons."

Dock fees are extra charges that car dealerships might add to cover the cost of getting the car from the shipping dock to their lot. It's something to watch out for when buying a car.

Term

add-ons

"...the dock fees or the add-ons."

Add-ons are extra features or services that you can buy when getting a car, like special coatings or warranties. They can make the car more expensive than the base price.

Term

advertised price

"And then you look at this spreadsheet again. This is advertised price, MSRP."

The advertised price is what the dealership shows as the price for a car, which might be lower than what you actually pay after negotiations.

Concept

price difference

"So what's the price difference from the lowest to the highest?"

Price difference means how much the cost varies between different places selling the same car. Some dealers might charge more or less than others.

Concept

online research

"And it will further validate the need to do online research before you actually walk into a dealership."

Online research means looking up information about cars and prices on the internet. It helps you know what to expect before you go to a car dealership.

Car

Ford Bronco

"...ave a recent recall and it's actually on the Ford Bronco. What's interesting about this recall?"

The Ford Bronco is a tough-looking SUV that you can drive on rough trails and in the wilderness. Recently, there was a recall for some of these vehicles, which means that the company found a problem that needs fixing to keep drivers safe.

Term

instrument panel display

"This has got an electrical system issue. The instrument panel display fails, but I'm so I'm fascinated here"

The instrument panel display is the part of the dashboard that shows things like how fast you're going and if there are any problems with the car. If it stops working, you might not know important information while driving.

Car

Ford Bronco Sport

"...229,000 Bronco and Broncos sports in the 2025 and 2026 model year"

The Ford Bronco Sport is a smaller version of the Bronco, made for people who want an SUV that can handle both city driving and some off-road adventures.

3 cars featured

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