Car Pro Radio Show January 17 26 Hour 2
About this episode
Jerry Reynolds and co-host Todd Chambliss dive into the current automotive market, highlighting unusual January incentives and the surprising strength of the used car market. They discuss the implications of high trade-in values, the impact of interest rates on car sales, and the future of electric vehicles, including Stellantis' discontinuation of plug-in hybrids. Listeners call in with questions about specific vehicles, including the Toyota RAV4 and Nissan Rogue, while Jerry offers expert advice on buying and maintaining cars. The episode is filled with insights on navigating the automotive landscape in 2023.
Car Pro Radio Show January 17 26 Hour 2
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new car incentives
"But here we are in January and I got to tell you this January is unlike any January I've ever seen. The incentives stayed really good and I think probably the reason for that is the dealers have still got a lot of inventory and they need to move it."
New car incentives are deals that car makers offer to help sell cars. They can be cash discounts or lower monthly payments to make buying a new car more appealing.
New car incentives are discounts or special offers provided by manufacturers or dealers to encourage customers to purchase vehicles. These incentives can include cash rebates, low-interest financing, or special lease deals, especially when inventory levels are high.
used car market
"And that's the only reason, that's the only reason that factories put incentives on their cars. The used car market. Surprisingly good."
The used car market is where people buy and sell cars that have been owned before. Prices can change a lot depending on how many cars are available and how many people want to buy them.
The used car market refers to the buying and selling of pre-owned vehicles. It can fluctuate based on various factors, including economic conditions, supply and demand, and the availability of new cars.
truck month
"Do you think in February it's going to slow down or that's truck month in February, right?"
Truck month is a time when car dealerships have special sales on trucks. They try to attract buyers with better deals and discounts during this month.
Truck month refers to a promotional period, typically in February, when dealerships offer special incentives and deals on trucks. This marketing strategy aims to boost sales during a traditionally slower time of year for truck sales.
Ford
"And that's for Ford and Ram."
Ford is a popular car company that makes many vehicles, including trucks like the F-150. They are known for their reliability and performance.
Ford is a well-known American automotive manufacturer, famous for its trucks, SUVs, and cars. The Ford F-Series, particularly the F-150, is one of the best-selling vehicles in the United States.
Ram
"And that's for Ford and Ram."
Ram is a brand that makes trucks, especially known for their powerful pickups. They are popular for work and personal use.
Ram is a brand of trucks that was formerly part of Dodge. It is known for producing heavy-duty and light-duty pickup trucks, with a focus on performance and capability.
Chevrolet
"Chevrolet does theirs in September for some reason."
Chevrolet, or Chevy, is a car brand that makes many types of vehicles, including trucks like the Silverado. They are well-known in the automotive industry.
Chevrolet, often referred to as Chevy, is an American automobile brand known for its wide range of vehicles, including trucks, cars, and SUVs. The Chevrolet Silverado is a popular full-size pickup truck.
ATP (Average Transaction Price)
"And that's that's the ATP average transaction price of a car. $50,300. That's a new high."
ATP means Average Transaction Price, which is the average amount people pay when they buy a car. It helps understand how much cars are costing on average.
ATP stands for Average Transaction Price, which is the average price that consumers pay for a vehicle. It reflects the market value of cars and can indicate trends in pricing and consumer demand.
GMC Denali
"I'm 76 and I'm just about to retire in just a couple of months in my, I've got a 23 half ton Denali GMC, 48,000 miles on it."
The GMC Denali is a fancier version of GMC trucks and SUVs. It has more luxury features and is designed to be more comfortable and stylish than the standard models.
The GMC Denali is a luxury trim level for GMC vehicles, known for its upscale features and premium materials. The Denali version of the GMC trucks and SUVs often includes advanced technology and comfort features, making it a popular choice among buyers looking for a more refined driving experience.
certify
"...the truth is it's 60,000 is the break point where a dealer can certify your vehicle and sell it as a genuine factory certified car."
To certify a vehicle means to check it and confirm that it is in good shape according to certain rules. This often includes inspections and repairs.
To certify a vehicle means to officially verify that it meets certain standards set by the manufacturer or a regulatory body. This process often involves inspections and repairs to ensure the vehicle is in good condition.
factory certified car
"...the truth is it's 60,000 is the break point where a dealer can certify your vehicle and sell it as a genuine factory certified car. So 60,000 and it's not true of every single car out there..."
A factory certified car is a used car that has been checked and approved by the manufacturer. It usually comes with a warranty, which means you can trust it's in good condition.
A factory certified car is a used vehicle that has been inspected and certified by the manufacturer or dealership, ensuring it meets specific quality standards. This certification often comes with a warranty, making the vehicle more appealing to buyers.
Stellantis
"Stellantis is now stepping up and they are discontinuing all of their plug in hybrid vehicles."
Stellantis is a big car company that makes many different brands of vehicles, including Jeep and Chrysler.
Stellantis is a multinational automotive manufacturing corporation formed from the merger of Fiat Chrysler Automobiles and PSA Group. It encompasses several well-known automotive brands.
Jeep Wrangler
"hybrid vehicles. We're talking the Jeep Wrangler 4XE, the Jeep Grand Cherokee 4XE, the Chrysler P..."
Jeep Grand
"...the Jeep Grand Cherokee 4XE, the Chrysler Pacifica plug in hybrid."
The Jeep Grand Cherokee 4XE is a hybrid SUV that uses both gas and electric power, providing a mix of comfort and off-road ability.
The Jeep Grand Cherokee 4XE is a plug-in hybrid version of the Grand Cherokee, offering a blend of luxury, off-road capability, and electric driving.
Chrysler Pacifica plug-in hybrid
"...the Jeep Grand Cherokee 4XE, the Chrysler Pacifica plug in hybrid."
The Chrysler Pacifica plug-in hybrid is a minivan that can run on electricity for short trips, making it more environmentally friendly.
The Chrysler Pacifica plug-in hybrid is a family minivan that combines a gasoline engine with an electric motor, allowing for electric-only driving for short distances.
plug-in hybrid
"I thought they, for certain people, a plug-in hybrid makes so much sense. If you've got a short commute, you'll never go to a gas station again."
A plug-in hybrid is a car that can run on electricity and gasoline. You can charge it at home, and it can drive short distances without using gas, which is great for daily commutes.
A plug-in hybrid is a type of vehicle that combines a conventional internal combustion engine with an electric propulsion system. It can be charged from an external power source and typically offers a certain range of electric-only driving before switching to gasoline power.
regular hybrid
"Well, a regular hybrid, I mean, obviously gets much better fuel economy but then a regular car."
A regular hybrid is a car that uses both gas and electricity to run. It doesn't need to be plugged in; instead, it makes electricity while you drive.
A regular hybrid vehicle uses both a gasoline engine and an electric motor but does not require external charging. It generates electricity through regenerative braking and the gasoline engine to assist with fuel efficiency.
Toyota Prius
"But if you, if you got a plug-in hybrid, take the new Prius plug-in hybrid. We talked about this earlier on the Dallas show."
The Toyota Prius plug-in hybrid is a type of car that can run on electricity alone for a short distance and also uses gasoline. You can charge it by plugging it into an outlet, which helps save fuel.
The Toyota Prius plug-in hybrid is a variant of the popular Prius that allows for both electric-only driving and hybrid operation. It combines a gasoline engine with an electric motor and can be charged via an external power source for increased electric range.
GMC Terrain
"...she's looking at the Toyota RAV4 and the GMC Terrain. Her concern with the RAV4 is how long the battery will last..."
The GMC Terrain is another small SUV that people choose for its comfort and features, making it a good choice for families or anyone needing extra space.
The GMC Terrain is a compact SUV that offers a comfortable ride and a range of features aimed at enhancing convenience and safety. It's a good option for those who need a reliable vehicle with ample space.
Toyota RAV4
"...she's looking at the Toyota RAV4 and the GMC Terrain. Her concern with the RAV4 is how long the battery will last..."
The Toyota RAV4 is a small SUV that many people like because it's dependable and can be used for different purposes, like driving to work or going on trips.
The Toyota RAV4 is a compact SUV known for its reliability and practicality. It's popular among families and individuals looking for a versatile vehicle that can handle various driving conditions.
battery
"But neither one of them had the battery giving him any trouble. And these were O six is an O sevens."
The battery in a hybrid car is what powers the electric motor. It helps the car use less gas and can last a long time, but if it breaks, it can be costly to fix.
In the context of hybrid vehicles, the battery is a crucial component that stores energy for the electric motor. Hybrid batteries are designed to last for many years, but they can be expensive to replace if they fail.
Nissan Rogue
"I wanted to know what you think of the Nissan Rogue Platinum. We were we were looking at that."
The Nissan Rogue is a smaller SUV that is great for families or anyone who needs extra space. It’s known for being easy to drive and has a lot of modern tech features.
The Nissan Rogue is a compact SUV that offers a balance of comfort, efficiency, and advanced technology features. It has become a popular choice for those looking for a versatile vehicle that can handle both city driving and outdoor adventures.
Kia Sportage
"...ncial problems with Nissan. And we looked at the sportage and we've looked at the RAV for a limited, but t..."
The Kia Sportage is a compact SUV that has a modern look and plenty of room inside. It’s a good choice if you want a car that’s easy to drive and has lots of features.
The Kia Sportage is a compact SUV that offers a stylish design, spacious interior, and a range of tech features. It is known for its value and warranty, making it a popular choice among buyers looking for an affordable yet capable vehicle.
Chevrolet Z71
"Well, I have a Z71 from 1998. How do I get my manufacturer to want that one?"
The Chevrolet Z71 is a special version of Chevrolet trucks designed for off-road driving. The 1998 model is known for being tough and capable, making it popular for both work and play.
The Chevrolet Z71 is a trim package for Chevrolet trucks that includes off-road features and enhancements. The 1998 model year Z71 would have been part of the Chevrolet Silverado or Tahoe lineup, known for its ruggedness and capability.
million miles
"Buyback vehicles that had a million miles on them and and still running strong. So there was a case of that."
A million miles means the car has been driven very far, which is a lot for any vehicle. It shows that the car is very strong and can last a long time.
Reaching a million miles on a vehicle is a significant milestone that indicates exceptional durability and reliability. It showcases the vehicle's ability to withstand extensive use over time.
air conditioner
"But that's all over with now. What the problem is, the air conditioner went out."
An air conditioner in a car helps keep the inside cool and comfortable. If it stops working, it can get really hot inside the car.
An air conditioner in a car is a system that cools and dehumidifies the air inside the vehicle, providing comfort to passengers. If it fails, it can lead to an uncomfortable driving experience, especially in hot weather.
dashboard
"They say you have to pull the dashboard out in the windshield. Pull that dashboard out."
The dashboard is the part of the car that holds the speedometer and other controls. Sometimes, mechanics need to take it out to fix things inside the car.
The dashboard is the control panel located in front of the driver, housing instruments like the speedometer and controls for various functions. It often needs to be removed for repairs or replacements of components behind it.
guarantee
"Yeah, I'm sure it sounds like they don't guarantee it. They don't guarantee it."
A guarantee is a promise that something will work as it should. If it doesn't, the company will fix it or give you your money back.
A guarantee is a promise made by a service provider that a product or service will meet certain standards or be free from defects. In automotive repairs, it often means the work will be done correctly or the customer will be compensated if issues arise.
electric cars
"And this happened with GM and their experiment into electric cars. Is they're now having to reportedly write off about six billion dollars with that experiment."
Electric cars are vehicles that run on electricity instead of gasoline. They are better for the environment because they produce less pollution.
Electric cars are vehicles that are powered entirely or partially by electricity, using electric motors instead of traditional internal combustion engines. They are seen as a more sustainable alternative to gasoline-powered vehicles.
EVs
"Yeah, and that's a shame too, because I've said many times GM makes the best EVs."
EVs are electric vehicles that run on electricity instead of gas. They are often better for the environment.
EVs, or electric vehicles, are cars that are powered entirely or partially by electricity instead of traditional gasoline or diesel fuel. They are known for being more environmentally friendly and often have lower operating costs.
Hyundai Sonata
"...t I'm looking at, I just purchased another 20, 25 Sonata SE. From Baytown, Hyundai out here in Texas."
The Hyundai Sonata is a car that looks nice and is comfortable to drive. It’s a good option for people who want a reliable vehicle that doesn’t use too much gas.
The Hyundai Sonata is a midsize sedan that combines style, efficiency, and a range of tech features. It has received praise for its comfortable interior and strong warranty, making it a solid choice for those in the market for a reliable car.
Honda That Honda
"...oing to tell them, get that, get that Toyota, get that Honda. Get get a Lexus, you know, if you're wanting so..."
The Honda That's is a small car that’s great for city driving because it’s easy to park and uses less gas. It’s known for being reliable and practical.
The Honda That's is a compact car known for its practicality and efficient use of space. While not as widely recognized as other Honda models, it is appreciated for its reliability and fuel efficiency, making it a sensible choice for urban driving.
Lexus
"...get that Toyota, get that Honda. Get get a Lexus, you know, if you're wanting something luxurious..."
Lexus is a brand that makes luxury cars, which means they are designed to be very comfortable and have many high-end features.
Lexus is the luxury vehicle division of Toyota, offering high-quality cars with a focus on comfort and advanced features, appealing to those seeking a luxurious driving experience.
Hyundai Palisade
"...id, I said, get get a Kia Telluride or a Hyundai Palisade. Yeah, he chose the Telluride, which is great."
The Hyundai Palisade is a large family car that has lots of room for passengers and cargo. It's known for being safe and comfortable, which makes it a great choice for families.
The Hyundai Palisade is a mid-size SUV that offers a spacious interior, advanced safety features, and a comfortable ride. It has gained popularity for its value and family-friendly design, making it a strong competitor in the SUV market.
maintenance
"...you're good to one hundred and fifty if you do the maintenance. Now, my experience with these cars is if you don't do the maintenance..."
Maintenance means taking care of your car to keep it running well. This includes things like changing the oil and checking the brakes.
Maintenance refers to the routine care and servicing of a vehicle to ensure it operates properly and remains reliable. This includes oil changes, tire rotations, and other essential checks.
Subaru Forester
"They leased a new trail sport after trading in a Subaru Forester."
The Subaru Forester is a type of SUV that can handle rough roads and has a lot of space inside for passengers and gear. It's a good choice for people who like outdoor activities.
The Subaru Forester is a compact SUV known for its all-wheel drive capability, spacious interior, and reliability. It's popular among outdoor enthusiasts for its off-road capabilities.
Subaru Outback
"Wife drives less than six thousand miles a year and I'll take over her twenty two outback."
The Subaru Outback is a car that looks like a mix between a station wagon and an SUV. It's designed to be good for both city driving and outdoor adventures.
The Subaru Outback is a crossover SUV that combines the features of a station wagon with off-road capabilities. It's known for its spacious interior and rugged design, making it suitable for various terrains.
Toyota Camry
"Wake up. Ignite your drive with the Toyota Camry with power in every turn, precision in every deta..."
The Toyota Camry is a popular car that many people choose because it's reliable and gets good gas mileage. It's a comfortable sedan that works well for everyday driving.
The Toyota Camry is a well-known midsize sedan that has been a staple in the automotive market for decades. Renowned for its reliability, fuel efficiency, and comfortable ride, the Camry is often recommended for those seeking a dependable daily driver.
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