{"version":"1.0.0","episode":{"title":"Dealers Can't Sell 400,000 LEFT OVER NEW CARS | Episode 1026","url":"http://getcarcurious.com/episodes/dealers-can-t-sell-400-000-left-over-new-cars-episode-1026","audioUrl":"https://pdrl.fm/3359a6/pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/73b779bf-15a9-4adf-a04d-ff04bdb1e705/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=73b779bf-15a9-4adf-a04d-ff04bdb1e705&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest data on unsold new cars. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com\nfor information about our collection and use of personal data for\nadvertising.\n"},"annotations":[{"startTime":142.3,"endTime":191.04,"type":"concept","title":"fleet sales","url":"/glossary/fleet-sales","quote":"You go on CarEdge.com to the car search right now, and you toggle for new cars 2025 or newer. You've got 432,081 that are first sale nationwide.","canonicalId":"concept:fleet-sales","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Fleet sales are transactions where manufacturers sell large numbers of vehicles to businesses, rental companies, or government agencies. These sales can impact the number of new cars available for retail sale and influence dealer inventory.","simplifiedExplanation":"Fleet sales happen when car makers sell many cars at once to companies or governments instead of individual buyers. This can affect how many new cars dealers have to sell."}},{"startTime":142.3,"endTime":191.04,"type":"concept","title":"new car incentives","url":"/glossary/new-car-incentives","quote":"You go on CarEdge.com to the car search right now, and you toggle for new cars 2025 or newer. You've got 432,081 that are first sale nationwide... What does that mean for car dealers out there that are sitting on these vehicles?","canonicalId":"concept:new-car-incentives","priority":0.9,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"New car incentives are discounts, rebates, or special financing offers provided by manufacturers or dealers to encourage the sale of new vehicles. These incentives can affect inventory levels and pricing strategies for dealerships.","simplifiedExplanation":"New car incentives are deals or discounts that car makers or dealers give to help sell new cars. These deals can make cars cheaper or easier to buy."}},{"startTime":142.3,"endTime":191.04,"type":"concept","title":"dealership markup","url":"/glossary/dealership-markup","quote":"What does that mean for the auto industry? What does that mean for car dealers out there that are sitting on these vehicles? Well, it means some sales managers will probably join the ranks of the unemployed.","canonicalId":"concept:dealership-markup","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Dealership markup refers to the amount added by dealers above the manufacturer's suggested retail price (MSRP) to increase profit. High inventory levels of unsold new cars can pressure dealers to reduce markups or offer discounts.","simplifiedExplanation":"Dealership markup is the extra money dealers add on top of the car's price to make a profit. When many new cars don't sell, dealers might lower this extra cost to attract buyers."}},{"startTime":155.96,"endTime":160.64,"type":"car","title":"Ford F150S","url":"/cars/ford/f-150","image":"https://upload.wikimedia.org/wikipedia/commons/5/56/2022_Ford_F-150_Lightning_Rear.jpg","quote":"You've got 432,081 that are first sale nationwide.  Dad, we know Ford, for example, has 28,000 left over F-150s.  We know there are a lot of electric vehicles that are left over year over year.","canonicalId":"car:ford:f-150","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"UltraTech66 (CC BY-SA 4.0)"}},{"startTime":347.44,"endTime":350.0,"type":"term","title":"flat spots on tires","url":"/glossary/flat-spots-on-tires","quote":"or there'll be flat spots on the tires or there'll be a rodent infestation in the wiring system,","canonicalId":"term:flat-spots-on-tires","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Flat spots on tires occur when a car is stationary for a long time, causing the tires to develop a flat area where they contact the ground, leading to vibrations and uneven wear when driving.","simplifiedExplanation":"If a car sits still for a long time, the tires can get flat parts that make the ride bumpy when you drive again."}},{"startTime":347.44,"endTime":350.0,"type":"term","title":"rodent infestation in wiring system","url":"/glossary/rodent-infestation-in-wiring-system","quote":"or there'll be flat spots on the tires or there'll be a rodent infestation in the wiring system,","canonicalId":"term:rodent-infestation-in-wiring-system","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Rodents can sometimes chew on a car's wiring system, causing electrical problems that can be costly to repair.","simplifiedExplanation":"Sometimes mice or rats can chew the wires in a car, which can cause the car to not work right and cost money to fix."}},{"startTime":366.8,"endTime":370.0,"type":"concept","title":"prior model year electric vehicles","url":"/glossary/prior-model-year-electric-vehicles","quote":"We've got 29,565 prior model year electric vehicles for sale out there.","canonicalId":"concept:prior-model-year-electric-vehicles","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Prior model year electric vehicles are electric cars from previous production years that are still available for sale, often at discounted prices compared to new models.","simplifiedExplanation":"These are electric cars made in earlier years that people are still selling, usually cheaper than brand new ones."}},{"startTime":375.7,"endTime":378.0,"type":"term","title":"battery electric vehicles","url":"/glossary/battery-electric-vehicles","quote":"Out of the 400,000, about was that 8% maybe, are EVs, just pure battery electric vehicles","canonicalId":"term:battery-electric-vehicles","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Battery electric vehicles (BEVs) are cars powered entirely by electricity stored in batteries, with no internal combustion engine.","simplifiedExplanation":"These cars run only on electricity from batteries and don't use gas or diesel engines."}},{"startTime":403.06,"endTime":407.04,"type":"car","title":"Volkswagen Id","url":"/cars/volkswagen/id-buzz","image":"https://upload.wikimedia.org/wikipedia/commons/b/bc/Volkswagen_ID._Buzz_1X7A1610.jpg","quote":"...big enough.  Oh, man, look at this one, that 2025 Volkswagen ID forward pops.  47,271 MSRP, the dealer's advertis...","canonicalId":"car:volkswagen:id-buzz","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"Alexander-93 (CC BY-SA 4.0)"}},{"startTime":454.16,"endTime":456.02,"type":"car","title":"Volkswagen Id4S","url":"/cars/volkswagen/id-4","image":"https://upload.wikimedia.org/wikipedia/commons/0/02/2020_Volkswagen_ID.4_Pro_%28Netherlands%29_front_view.jpg","quote":"...hat it means a couple of things.  Yeah, all these ID4s, what are they offering?  It's noon here in Vendo...","canonicalId":"car:volkswagen:id-4","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"Dennis Elzinga (CC BY 2.0)"}},{"startTime":456.1,"endTime":458.32,"type":"term","title":"MSRP","url":"/glossary/msrp","quote":"\"At least $10,000 off of MSRP.\"","canonicalId":"term:msrp","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"MSRP stands for Manufacturer's Suggested Retail Price, which is the price a car manufacturer recommends a dealer charge for a vehicle. It serves as a baseline for negotiations and pricing.","simplifiedExplanation":"MSRP is the price the car company thinks the car should cost when you buy it from a dealer. It's like the sticker price on the car."}},{"startTime":538.94,"endTime":541.02,"type":"car","title":"Ford Mustang","url":"/cars/ford/mustang","image":"https://upload.wikimedia.org/wikipedia/commons/1/13/1966_Ford_Mustang_coupe_white_001.jpg","quote":"\"Oh, wow, look at the discounts on these Mustang Machis. I don't think that's going to move the metal here.\"","canonicalId":"car:ford:mustang","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Ford Mustang Mach-E is an all-electric SUV introduced by Ford, combining Mustang-inspired styling with electric vehicle technology. It represents Ford's push into the electric vehicle market with a performance-oriented electric crossover.","simplifiedExplanation":"The Mustang Mach-E is a new electric car made by Ford that looks like a Mustang but runs on batteries instead of gas. It's a type of SUV that is designed to be sporty and eco-friendly.","imageAttribution":"Hans-Jürgen Neubert (CC BY 4.0)"}},{"startTime":569.96,"endTime":572.58,"type":"car","title":"Nissan Z","url":"/cars/nissan/z","image":"https://upload.wikimedia.org/wikipedia/commons/c/cd/2023_Nissan_Z_RZ34_in_Granite_Black%2C_front_left%2C_05-05-2024.jpg","quote":"...id vehicles that just aren't selling.  You've got Nissan Z, you've got a Nissan.  Look at the discount on th...","canonicalId":"car:nissan:z","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"Ethan Llamas (CC BY-SA 4.0)"}},{"startTime":572.74,"endTime":574.42,"type":"car","title":"Nissan Altima","url":"/cars/nissan/altima","image":"https://upload.wikimedia.org/wikipedia/commons/9/9e/2023_Nissan_Altima_SR.png","quote":"...ot a Nissan.  Look at the discount on this Nissan Altima.  This Nissan dealer, Dad, has been sitting on an...","canonicalId":"car:nissan:altima","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"LukaCali (CC BY-SA 4.0)"}},{"startTime":677.2,"endTime":681.7,"type":"term","title":"dealer fees","url":"/glossary/dealer-fees","quote":"\"include tax, title, license, $599 dock fee, price includes the listed\"","canonicalId":"term:dealer-fees","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Dealer fees are additional charges added by the dealership on top of the vehicle's price. Common fees include documentation fees, dock fees, and preparation fees, which can significantly increase the out-the-door price.","simplifiedExplanation":"Dealer fees are extra costs the car dealer adds when you buy a car. These can make the car cost more than the sticker price."}},{"startTime":681.7,"endTime":683.4,"type":"term","title":"rebates and incentives","url":"/glossary/rebates-and-incentives","quote":"\"price includes the listed rebates and incentives, so yeah, who knows?\"","canonicalId":"term:rebates-and-incentives","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Rebates and incentives are discounts or special offers provided by manufacturers or dealers to encourage car purchases. They can include cash back, special financing rates, or lease deals that reduce the effective price.","simplifiedExplanation":"Rebates and incentives are deals that make buying a car cheaper. They can be money back or lower payments to help you save."}},{"startTime":869.96,"endTime":871.58,"type":"car","title":"Cadillac XT6","url":"/cars/cadillac/xt6","image":"https://upload.wikimedia.org/wikipedia/commons/8/85/CADILLAC_XT6_CHINA.jpg","quote":"no younger than 365 days, and then I'm coming and doing my normal car search.  Oh my God, look at this X-T6 pops.  Look at this Cadillac X-T6, 374 days on the market.","canonicalId":"car:cadillac:xt6","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"Dinkun Chen (CC BY-SA 4.0)"}},{"startTime":934.62,"endTime":936.16,"type":"car","title":"Ford Edge","url":"/cars/ford/edge","image":"https://upload.wikimedia.org/wikipedia/commons/b/b6/FORD_EDGE_L_%28FORD_EDGE_THIRD_GENERATION%29.jpg","quote":"...t sprinting for that Sprinter.  Look at this Ford Edge, Dad.  2024 Ford Edge, first sale at AutoNation F...","canonicalId":"car:ford:edge","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"Dinkun Chen (CC BY-SA 4.0)"}},{"startTime":1228.1,"endTime":1241.4,"type":"concept","title":"buying a used car","url":"/glossary/buying-a-used-car","quote":"But the level of scrutiny you put the vehicle under before you take it home, that increases. Not to the same level of necessarily needing a pre-purchase inspection on a used car. But close, especially for some of these that have been sitting 700 days.","canonicalId":"concept:buying-a-used-car","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Buying a used car involves evaluating the vehicle's condition, history, and price to ensure a good deal and avoid unexpected repairs. Increased scrutiny is often needed for cars that have been sitting unused for long periods.","simplifiedExplanation":"When you buy a used car, you need to check it carefully to make sure it works well and doesn't have problems. This is especially important if the car hasn't been used for a long time."}},{"startTime":1232.9,"endTime":1237.5,"type":"term","title":"pre-purchase inspection","url":"/glossary/pre-purchase-inspection","quote":"Not to the same level of necessarily needing a pre-purchase inspection on a used car. But close, especially for some of these that have been sitting 700 days.","canonicalId":"term:pre-purchase-inspection","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A pre-purchase inspection (PPI) is a detailed examination of a used vehicle by a qualified mechanic before buying. It helps identify any existing or potential mechanical issues to avoid costly surprises after purchase.","simplifiedExplanation":"A pre-purchase inspection is when a mechanic checks a used car carefully before you buy it. This helps make sure the car doesn't have hidden problems that could cost you money later."}},{"startTime":1248.6,"endTime":1260.54,"type":"concept","title":"new car shopping","url":"/glossary/new-car-shopping","quote":"Go to caredge.com, click on shop new. Set the year filter, so make sure your condition is set to new. Then set the year filter down here to be 2025 or older. There we go, 2025 or older.","canonicalId":"concept:new-car-shopping","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"New car shopping involves selecting and purchasing a brand-new vehicle, often using online tools and filters to find the best deals and desired specifications like model year and condition.","simplifiedExplanation":"When you shop for a new car, you look for a car that has never been owned before. You can use websites to help find the right car by choosing things like the year and if it's brand new."}},{"startTime":1464.24,"endTime":1465.6,"type":"car","title":"Mazda Cx5","url":"/cars/mazda/cx-5","image":"https://upload.wikimedia.org/wikipedia/commons/8/85/2017_Mazda_CX-5_%28KF%29_Maxx_2WD_wagon_%282018-11-02%29_01.jpg","quote":"Thank you for the kind contribution.  Thanks for the CX-5 help.  Also, I'm so car edgy now.","canonicalId":"car:mazda:cx-5","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"imageAttribution":"EurovisionNim (CC BY-SA 4.0)"}}],"speakers":[{"id":"s1","name":"Ray","role":"host"},{"id":"s2","name":"Zach Shefska","role":"host"},{"id":"s3","name":"Bleav","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/dealers-can-t-sell-400-000-left-over-new-cars-episode-1026/transcript.vtt","type":"text/vtt"}]}