{"version":"1.0.0","episode":{"title":"EDMUNDS SHOCKS The Auto Industry (SCARY NEW DATA!) | Episode 980","url":"http://getcarcurious.com/episodes/edmunds-shocks-the-auto-industry-scary-new-data-episode-980","audioUrl":"https://pscrb.fm/rss/p/mgln.ai/e/1385/pdrl.fm/3359a6/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/c232bdb2-b47d-4fc2-8181-92527ed1d2bf/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=c232bdb2-b47d-4fc2-8181-92527ed1d2bf&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest news from Edmunds. 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":64.7,"endTime":68.8,"type":"company","title":"Chevron with Techron","url":"/glossary/chevron-with-techron","quote":"Make sure to fill up with Chevron with Techron along the way, giving cars unbeatable mileage and helping to keep critical engine parts clean, so you can fuel up on memories.","canonicalId":"company:chevron-with-techron","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Chevron with Techron is a fuel brand known for its additive technology that helps clean engine components and improve fuel efficiency. The Techron additive is designed to prevent deposit buildup in critical engine parts, enhancing performance and longevity.","simplifiedExplanation":"Chevron with Techron is a type of gasoline that includes special cleaning ingredients. These ingredients help keep your car's engine clean and can improve how well it runs."}},{"startTime":298.1,"endTime":309.4,"type":"term","title":"MSRP","url":"/glossary/msrp","quote":"...the dramatic increase in MSRPs that we saw that were driven during COVID times, when dealers were adding huge additional profit markups, the manufacturers looked at that and said,...","canonicalId":"term:msrp","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"MSRP stands for Manufacturer's Suggested Retail Price, which is the price that the manufacturer recommends for a vehicle. It serves as a guideline for pricing but can vary based on dealer markups and market demand.","simplifiedExplanation":"MSRP is the price that the car maker suggests you pay for a vehicle. It's like a starting point for how much a car should cost, but dealers might charge more or less than this price."}},{"startTime":298.1,"endTime":309.4,"type":"concept","title":"dealer markup","url":"/glossary/dealer-markup","quote":"...the dramatic increase in MSRPs that we saw that were driven during COVID times, when dealers were adding huge additional profit markups, the manufacturers looked at that and said,...","canonicalId":"concept:dealer-markup","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer markup refers to the practice where car dealerships increase the price of a vehicle above its MSRP to maximize profit. This can occur due to high demand or low supply, especially during market fluctuations.","simplifiedExplanation":"Dealer markup is when a car dealership charges more than the suggested price from the manufacturer. They do this to make extra money, especially if a car is in high demand."}},{"startTime":533.26,"endTime":540.86,"type":"car","title":"Hyundai Genesis","url":"/cars/hyundai/genesis","image":"https://upload.wikimedia.org/wikipedia/commons/6/63/2010_Hyundai_Genesis_2.jpg","quote":"...ven have to type in it, defaults for me here at a Genesis and we've got $85,000 advertised price and $84,00...","canonicalId":"car:hyundai:genesis","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Hyundai Genesis is a luxury sedan that was introduced to compete with established luxury brands. Known for its high-quality materials, advanced technology, and smooth performance, it has helped elevate Hyundai's reputation in the luxury car market.","simplifiedExplanation":"The Hyundai Genesis is a fancy car that feels really nice to drive and has a lot of cool features. It's a good option if you're looking for a luxury car without the high price tag of more well-known brands.","imageAttribution":"Calreyn88 (CC BY-SA 4.0)"}},{"startTime":558.9,"endTime":566.1,"type":"concept","title":"SUVs","url":"/glossary/suvs","quote":"...enormous growth in SUVs, that so much of the population has decided they need an SUV, why have they decided that?","canonicalId":"concept:suvs","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"SUVs, or Sport Utility Vehicles, are a category of vehicles known for their higher ground clearance, spacious interiors, and versatility. They have gained immense popularity due to their perceived safety and practicality.","simplifiedExplanation":"SUVs are larger vehicles that can carry more people and cargo. They are popular because they are seen as safer and more practical for families."}},{"startTime":572.6,"endTime":579.7,"type":"term","title":"advertising","url":"/glossary/advertising","quote":"...the manufacturers have been advertising and marketing and pushing on them consistently via digital advertising, television, radio, everywhere you look.","canonicalId":"term:advertising","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Advertising in the automotive context refers to the various methods manufacturers use to promote their vehicles to potential buyers. This includes digital ads, television commercials, and other marketing strategies.","simplifiedExplanation":"Advertising is how companies tell people about their cars. They use ads on TV, online, and in other places to make people want to buy their vehicles."}},{"startTime":589.3,"endTime":593.2,"type":"concept","title":"profit margin","url":"/glossary/profit-margin","quote":"...they believe it is in their","canonicalId":"concept:profit-margin","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Profit margin refers to the difference between the cost of producing a vehicle and its selling price. Higher profit margins indicate that manufacturers earn more money on each vehicle sold, which is why they focus on certain types of vehicles.","simplifiedExplanation":"Profit margin is how much money a company makes after paying for everything it took to make and sell a car. If they make a lot of money on a car, they want to sell more of those cars."}},{"startTime":1119.7,"endTime":1122.1,"type":"term","title":"manufacturer suggested retail price","url":"/glossary/manufacturer-suggested-retail-price","quote":"...we've got the manufacturer suggested retail price and now the seller price listed right next to it, which is really cool.","canonicalId":"term:manufacturer-suggested-retail-price","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Manufacturer Suggested Retail Price (MSRP) is the price that the manufacturer recommends that a dealer sell a vehicle for. It's often used as a starting point for negotiations between buyers and dealers.","simplifiedExplanation":"MSRP is the price that the car maker suggests dealers sell the car for. It's a guideline for how much you might pay, but you can often negotiate a lower price."}},{"startTime":1499.1,"endTime":1502.0,"type":"term","title":"transaction price","url":"/glossary/transaction-price","quote":"transaction prices have been kind of sort of flat over the past year. We can come here.","canonicalId":"term:transaction-price","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Transaction price refers to the actual price paid for a vehicle, which can differ from the manufacturer's suggested retail price (MSRP). It reflects the market value of the vehicle based on supply and demand dynamics.","simplifiedExplanation":"Transaction price is the final amount someone pays when buying a car. It's important because it shows how much people are actually spending, not just what the car company suggests."}},{"startTime":1609.74,"endTime":1612.62,"type":"car","title":"Hyundai Palisade","url":"/cars/hyundai/palisade","image":"https://upload.wikimedia.org/wikipedia/commons/c/c3/Hyundai_Palisade_Calligraphy_in_White_%28rear_left%29.jpg","quote":"The same Hyundai Palisade that I wanted went from 40,000 to 50,000 from last year.","canonicalId":"car:hyundai:palisade","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Hyundai Palisade is a midsize SUV that offers a spacious interior and advanced technology features, making it a popular choice among families.","simplifiedExplanation":"The Hyundai Palisade is a family-friendly SUV that has a lot of space inside for passengers and cargo. It's known for its modern features and comfort.","imageAttribution":"Benespit (CC BY-SA 4.0)"}},{"startTime":1635.5,"endTime":1638.6,"type":"car","title":"Hyundai Telluride","quote":"...let's actually look at this, Dad, for Hyundai. And this was a telluride, correct? Palisade.","canonicalId":"car:hyundai-telluride","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Hyundai Telluride is a mid-size SUV that has gained popularity for its upscale interior, spacious seating, and strong performance. It is often praised for its value and is a strong competitor in the SUV market.","simplifiedExplanation":"The Hyundai Telluride is another large SUV from Hyundai that offers a lot of space and comfort. It's similar to the Palisade and is also designed for families, making it a great choice for road trips."}},{"startTime":1640.38,"endTime":1642.62,"type":"car","title":"Kia Telluride","url":"/cars/kia/telluride","image":"https://upload.wikimedia.org/wikipedia/commons/5/57/2020_Kia_Telluride_LX_V6_AWD.jpg","quote":"Yeah. And this was a telluride, correct? Palisade. It was a Palisade.","canonicalId":"car:kia:telluride","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Kia Telluride is a midsize SUV that has gained popularity for its spacious interior, advanced safety features, and overall value. Since its debut in 2020, it has received numerous awards for its design and performance, making it a strong competitor in the SUV market.","simplifiedExplanation":"The Kia Telluride is a large family-friendly SUV that offers a lot of space and comfort for passengers. It's known for being safe and affordable, which makes it a great choice for families looking for a reliable vehicle.","imageAttribution":"Ghostofakina (CC BY-SA 4.0)"}},{"startTime":1690.0,"endTime":1694.0,"type":"term","title":"dealer fees","url":"/glossary/dealer-fees","quote":"...but only eight have sold in the last 45 days. So these new 26s that these dealers are trying to sell...","canonicalId":"term:dealer-fees","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer fees are additional charges that dealerships may add to the purchase price of a vehicle. These can include documentation fees, preparation fees, and other costs that are not included in the MSRP.","simplifiedExplanation":"Dealer fees are extra costs that car dealerships might add when you buy a car. They can include things like paperwork fees and other charges."}},{"startTime":1889.9,"endTime":1894.22,"type":"car","title":"Mazda Cx30","url":"/cars/mazda/cx-30","image":"https://upload.wikimedia.org/wikipedia/commons/1/10/MAZDA_CX-30_CHINA_VERSION_INTERIOR.jpg","quote":"...because the Mazda CX-30 sits up higher and was easier for me to get into and out of than my own Mini Clubman.","canonicalId":"car:mazda:cx-30","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mazda CX-30 is a subcompact crossover SUV that offers a higher driving position, making it easier to enter and exit compared to smaller cars. It's known for its stylish design and engaging driving dynamics.","simplifiedExplanation":"The Mazda CX-30 is a small SUV that's higher off the ground, which makes it easier to get in and out of than lower cars. It's popular for its good looks and fun driving experience.","imageAttribution":"Dinkun Chen (CC BY-SA 4.0)"}},{"startTime":1896.46,"endTime":1898.7,"type":"car","title":"Mini Clubman","url":"/cars/mini/clubman","image":"https://upload.wikimedia.org/wikipedia/commons/4/46/2022_Mini_Clubman_Cooper_S_Shadow_Edition.jpg","quote":"...easier for me to get into and out of than my own Mini Clubman. Okay. But we, us older folks...","canonicalId":"car:mini:clubman","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mini Clubman is a compact car known for its distinctive styling and practicality, featuring a longer body and additional rear doors compared to the standard Mini. It's designed for those who want a blend of fun driving and everyday usability.","simplifiedExplanation":"The Mini Clubman is a small car that looks unique and has more space than a regular Mini. It has extra doors at the back, making it easier to access the rear seats and cargo area.","imageAttribution":"Calreyn88 (CC BY-SA 4.0)"}},{"startTime":2032.94,"endTime":2035.4,"type":"concept","title":"fleet sales","url":"/glossary/fleet-sales","quote":"we know that fleet sales are up. So it's not even retail customers that are buying the damn cars.","canonicalId":"concept:fleet-sales","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Fleet sales refer to the sale of multiple vehicles to businesses or government agencies rather than individual retail customers. This often includes vehicles for company use, rentals, or government fleets.","simplifiedExplanation":"Fleet sales are when companies or organizations buy many cars at once instead of just one or two. This is common for businesses that need cars for their employees or services."}},{"startTime":2064.46,"endTime":2068.62,"type":"car","title":"Honda Passport","url":"/cars/honda/passport","image":"https://upload.wikimedia.org/wikipedia/commons/9/90/00-02_Honda_Passport.jpg","quote":"...Honda wants nearly $60,000 for their passport in Kansas City, Missouri. Holy cow, Honda getting expensive.","canonicalId":"car:honda:passport","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Honda Passport is a mid-size SUV known for its spacious interior and off-road capabilities. It has gained popularity for its practicality and versatility in various driving conditions.","simplifiedExplanation":"The Honda Passport is a type of SUV that is larger and can handle rougher terrains. It's designed for families and people who need more space and utility.","imageAttribution":"IFCAR (Public domain)"}},{"startTime":2079.26,"endTime":2080.06,"type":"car","title":"Toyota Sequoia","url":"/cars/toyota/sequoia","image":"https://upload.wikimedia.org/wikipedia/commons/f/f6/2008_Toyota_Sequoia_SR5_--_NHTSA.jpg","quote":"The Sequoia is up there. It's an $83,000 Toyota. And it's one of the fastest sellers in the country.","canonicalId":"car:toyota:sequoia","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Toyota Sequoia is a full-size SUV known for its spacious interior and strong towing capacity. It is popular among families and those needing a robust vehicle for various activities.","simplifiedExplanation":"The Toyota Sequoia is a large SUV that can carry many passengers and has a lot of space for cargo. It's great for families and people who need to tow things like trailers.","imageAttribution":"U.S. National Highway Traffic Safety Administration (Public domain)"}},{"startTime":2084.8,"endTime":2088.9,"type":"term","title":"K-shaped car market","url":"/glossary/k-shaped-car-market","quote":"That's that K-shaped car market. Yes, yes, absolutely.","canonicalId":"term:k-shaped-car-market","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The K-shaped car market refers to a trend where certain segments of the automotive market are performing very well, while others are not. This can indicate a divide in consumer preferences and economic factors affecting car sales.","simplifiedExplanation":"The K-shaped car market is a way to describe how some types of cars are selling really well, while others aren't doing as well. It shows that different buyers have different needs and wants right now."}},{"startTime":2221.1,"endTime":2223.42,"type":"car","title":"Honda That Honda","quote":"...ge car search. Let's say you're in the market for that Honda. You're using the car search.","canonicalId":"car:honda-that-honda","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Honda That's is a compact car that is primarily sold in Japan and is known for its efficient use of space and fuel economy. It is designed to be practical and versatile, making it suitable for urban driving.","simplifiedExplanation":"The Honda That's is a small car that is easy to drive and great for city streets. It's designed to be practical, so it has a lot of room inside for passengers and their stuff, even though it's not very big on the outside."}},{"startTime":2226.54,"endTime":2228.7,"type":"car","title":"Honda Civic Hatchback","url":"/cars/honda/civic","image":"https://upload.wikimedia.org/wikipedia/commons/6/60/1991_Honda_Civic_STD_Hatchback_in_Frost_White%2C_front_right%2C_05-15-2022.jpg","quote":"Sure, this new Honda Civic hatchback. The way Car Edge Pro works is it's going to give you this overview of what your leverage is in negotiation on that particular vehicle.","canonicalId":"car:honda:civic","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Honda Civic Hatchback is a versatile version of the popular Honda Civic, known for its practicality and sporty design. It's favored by many for its balance of performance and fuel efficiency.","simplifiedExplanation":"The Honda Civic Hatchback is a type of car that has a rear door that swings upward, making it easier to access the trunk space. It's a popular choice for people who want a compact car with more room inside.","imageAttribution":"Cutlass (CC0)"}},{"startTime":2266.1,"endTime":2267.3,"type":"term","title":"out-the-door price","url":"/glossary/out-the-door-price","quote":"Ultimately, what this is going to yield for you are the out-the-door prices. So all of your attachments come into one place, and you will actually get your OTD quotes from these dealerships.","canonicalId":"term:out-the-door-price","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The out-the-door price (OTD) is the total cost of purchasing a vehicle, including the vehicle price, taxes, registration fees, and any additional dealer fees. It represents the final amount a buyer needs to pay to take ownership of the car.","simplifiedExplanation":"Out-the-door price is how much you will actually pay for a car after adding everything together, like taxes and fees. It's the total cost to own the car once you buy it."}},{"startTime":2270.0,"endTime":2271.7,"type":"term","title":"OTD","url":"/glossary/otd","quote":"...and you will actually get your OTD quotes from these dealerships. And the agent will negotiate down the price.","canonicalId":"term:otd","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"OTD stands for 'out-the-door' and refers to the final price a buyer pays for a vehicle, including all associated costs. It is commonly used in car buying discussions to clarify the total expense involved.","simplifiedExplanation":"OTD is a shorthand for out-the-door price, which means the total amount you'll pay for a car after everything is added up. It's a way to make sure you know the complete cost."}},{"startTime":2339.82,"endTime":2342.94,"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":"Joe was professional and quick to make things happen. Started on Tuesday, owned my 2025 Mazda CX-5 Turbo. On Friday, learned the buying process, great experience.","canonicalId":"car:mazda:cx-5","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mazda CX-5 is a compact crossover SUV known for its sporty handling, stylish design, and premium interior quality. It has been well-received for its balance of performance and comfort, making it a popular choice among drivers who want a fun yet practical vehicle.","simplifiedExplanation":"The Mazda CX-5 is a smaller SUV that is fun to drive and looks nice inside and out. It's a good option if you want something that feels sporty but still has enough room for your family and gear.","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/edmunds-shocks-the-auto-industry-scary-new-data-episode-980/transcript.vtt","type":"text/vtt"}]}