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On The Hook...
About this episode
A recent trip to Kauai led to an exciting adventure in search of a hidden Lamborghini Countach, revealing a vibrant car community on the island. The hosts share their experiences, including encounters with unique vehicles and the challenges of traveling with a large group. They also discuss the current state of the automotive market, highlighting the rise of repo jobs due to many buyers defaulting on their loans. The episode wraps up with insights on the future of flying cars and the evolving landscape of car sales and auctions.
Topics:
hidden cars
Kauai car community
repo market
automotive loans
flying cars
Barrett-Jackson
travel experiences
car auctions
Join us as we dive into repo predictions, discuss the future of flying cars by 2025, and share thrilling recaps of our Hawaii trip. Join us for captivating conversations that will keep you coming back for more!
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Technical
Too Afraid to Ask
Car
Lamborghini Kuntash
"... We did end up finding all the information on the kuntash. Just like I said, if you guys saw the final vide..."
Car
Chevrolet Corvette
"... just absolutely amazing. And then he had his his Corvette, which sixteen thousand miles and then you know t..."
Car
Ford Broncos
"...and I know you don't like Bronchos, Nate, but the Ford Broncos, the New Broncos. Ye, New Bronco, thirty two thou..."
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Welcome to Let's Talk Cars Radio. You're automotive specialist. Let's Talk Cars Radio
is sponsored in part by NAPA Cardcare Centers, BDG Auto Group, by Liberty Transmissions in Virginia, Beach American, do it Yourself Garage, JF. Whitlow
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comments to Dave at Let's Talk Cars Radio dot com. Now here's the host
of Let's Talk Cars Radio, Dave Polash. Happy Saturday, America. You're
listening Let's Talk Cars Radio on WKQA Freedom Radio. I'm your host, Big
dadpe Hangout, Cameron, Chaos and night VB. So it is another great
day for radio show. We are back from Hawaii. Yeah, that's right.
Back from Hawaii. It was a interesting trip. As you guys saw,
we filmed a bunch of stuff while we were there. We were chasing
the kontosh. Cameron's like, hey give me this move that You're good,
all right? Little drinking drinking. Yeah, So there we go starting off
the show, right, So if you guys expect camera's cars, Like I got back to my mic. So if you guys, uh, we're following
along with the show. Why we were in Kawai, We were chasing the
kontosh. So what ended up happening is so we we went to Kawai and
I got some information through some people that knew that I was going, and they said, hey, so there's a story about a hidden kontosh that was on the island. So I decided to go ahead and explore it while we're
there, and then through listeners, the story came around and we're able to start chasing the car and then just kind of spiraled into uh, you know, hidden cars around the island. It was actually a really cool experience.
We end up teaming up with some listeners and stuff while we were there and got a really cool inside look at a lot of the hidden cars. We
did end up finding all the information on the kuntash. Just like I said,
if you guys saw the final video, it is there is on the island. And then like I said in the video, it is owned now
by a woman who has the estate and has the car and it likes to stay a little bit private. At the very end, after everything was all
said and done, there is an opening I guess for us to probably display the car out for the public to see at some point in time, but it require us to go back to the island and spend a little bit more time there and open some more gates as far as getting to know people a little bit better and stuff like that. But very very cool experience. I
guess our takeaway from being on the island is um It's a great place.
Kauai was really nice. The people were really friendly, really open to us.
As far as us really getting to see some really cool cars. Big
shout out to a Holly and Rob because they opened up and and allowed us have some gates open for us to get in and see some things. So
they played a big part in that for us, so we very much appreciated and Rob if if you guys saw his u AMC was really cool, like one to twenty six in the world and that's a really really cool car.
And I put some pictures up for you guys to be able to experience that as well. So who would ever thought we would have ever ran into that
car there on the island. Yeah, I mean, just absolutely amazing.
And then he had his his Corvette, which sixteen thousand miles and then you know that's the you know, at the time creaming the crop. You know,
corvette. Everybody wanted so from have that as well. Sitting there stuffed
away in the garage is pretty neat. But quaik I think Kuai taught me
a lot. I learned that traveling with a large group of people is a
little bit harder than that. I would imagine. Everybody has their their own
set agendas and opinions and stuff like that, and you maybe, I guess they don't always align with yours, and that's sometimes a harder thing. If
you're a person of just I don't know, I say, uh, if you're a really open, fun type of person, not everybody lines up directly with you all the time. And I guess you got to kind of remember
that. And you know, but when things get to the point where you're
you're trying to do everything and make everything align, doesn't always work out that way, and it may not always work out for the best. So I
learned that you take things to Hawaii and and sometimes you leave some of the most valuable things behind Hawaii and uh and sometimes that's probably not not the easiest thing to do, and there's good things and regrets at the same point in time. So Hahwai definitely taught me a lot and I enjoyed Hawaii quite a
bit, but lessons learned there for sure. So you'll come back around,
yeah, come back around full circle. Yeah. Things things tend to come
back around hopefully. And uh, like I said, it was definitely a
cool place. Like I said, definitely learned a lot there and there was
there was a lot of lessons to be learned there for sure. But uh
yeah, Um, if you ever get a chance, definitely go to Kawaii.
Don't go to any other islands because Kawai is definitely you're on island time there for sure. Um is it uh? Where do the Hawaii people say,
um, paradise or is it uh travel island or something like that?
So because like all right, so basically I was talking to Hawaii people before, um, when I went to go have a drink somewhere and drink a drinking, you know, and they were telling me basically like everything that used to be maybe five six, seven years ago used to be like cheap, and that's why everybody started going to Hawaii. Now it just seems like they
realize it is a travel destination and everything's just kind of really skyrocketed. I
can't tell you that it. So we had a we had a house while
we were there. Actually there was two houses, so there was the everybody
that went with us was in a main house and then we were in a separate house. Um, and everything is like I would say, almost two
and a half just shy three times the cost, like is what it is here in the state. I mean, on what pends on what you're doing.
Can I'm not like, hey, you know, here's my idea.
No, no, no, no, no, it's just a cost like it's it's just a cost of things. But I mean, like I said,
I mean, with that being said, they're savings as well. So
everything's you know, everything's kind of like right there, like you know, you don't everything's like kind of ten minutes down the road from everything. So
you're not really going before I drive. Yeah, yeah, you're not spend
a whole lot of money on Walmart and food Lions all next to each other.
That was that was probably that was about twenty miles down the road from US, so we bought all our stocks and rock in the house. Wal
it was a Walmart. The Walmart didn't have anything. The Walmart was not
the place to go. Walmart had We went to Walmart and it was it
didn't have anything. Really excuse me. So yeah, Walmart didn't have anything.
I was really shocked. It wasn't like our Walmart at all. Um,
safe Way was there, and safe Way had pretty much everything we need.
Safeway had everything. Um the only place still will be. So it's
funny. So the first day we were there, I realized that there was
some type of car community for sure. The first day that we were there,
Um, because a Ferrari test roast of passim ego in the opposite way on on a two lane road like going up through I won't say it's like jungly, but like you know, it's definitely like a really really greenery road and it's just two lanes, real windy, and he passed me go the ops the way. I was like, all right, so there's definitely a
pretty strong carr see here somewhere right right for a Ferrari to pass me go in the opposite way. So and I really wanted to go chase him down,
but there was just no way to turn around. But I really wanted
to, Like that instinct to go chase him down was there. But uh
so we did all our shop and then took it back to the house and stocked the frigerator of the house and stuff like that, and then we had just everything we needed for the rest of the trip that we were there, so you know, you know, we picked up alcohol and then we picked up all our food and picked everything and just stocked the house. And I
didn't I didn't really have any need for anything. I think we only went
out to eat a couple of times while we were there, and that was the rest of time. We just tick stuff and we ate at the houses
and stuff. So it was kind of cool. But yeah, anyway,
that was a Hawaii trip. Guys. Like I said, you guys haven't
got a chance to go check it out. We posted the cars that we
found, the hidden cars and stuff. I said, there's a lot more
cars we found. People hit us up after we left the island, like,
hey, I got this car, you guys should go check it out.
We already left the island. And then if you guys didn't see.
Unexpectedly, we decided to drop into Barrett Jackson in Vegas on the way home.
What that was definitely not planned. I'll give a big shout out to
my wife don because she hit me up with it. She's like, hey,
why don't we stopping to Barrett Jackson? And I was just like,
hey, I didn't even thought about it. So we text. He's like,
I'm going to Barrett. He's like I'm no. Oh, You're like,
man, I'm on my lagouver and I was like, well, you're almost home and you're like, no, far from it. I'm like,
what do you mean, Like you're supposed to be hopping on a flight and coming back And he's like no, and sends me a photo of just their logo, you know, it's just gart Jackson's logo And I'm like, are you going there? He's like yeah. I'm like why wasn't I invited?
Number one? He's like, I just found out seven hours ago. I
could have made it. I could I could have copped on a flight.
And so here's how I work out. So like Hawaii and and everything happened
with why, which is kind of a crazy trip and I needed a little vacation for my vacation. So Don was just like, Hey, why don't
you would you like to go to Barrett Jackson. And I was just like,
yeah, I think i'd be kind of cool and I think the listeners would would enjoy if we went to Barrett Jackson. So and said, Don
jumped. Don jumped on the on the computer. We were sitting there,
literally, we were I think we're still in the airport. Yeah, we
were in the airport. I think we're in Kawhi Airport getting ready to leave.
And she jumped on it and she booked it all out for us and made it happen, and boom, before I knew it, we were at Barrett Jackson. So, Um, I kept telling you to come home.
It was it was, yeah, Well I was trying to come home with a car. There was a couple of cars I was interested in by the
guy. And if you guys looked at the video on that, um,
seriously, there was some good deals to be had. I probably could have
came home with a car. Um. That was reason there was there was
a couple. There was a couple of cars. There was a Musting fast
back that was there that was really really nice. Oh it was really nice.
Um it was forty five thousand dollars was the sell price on it.
And forty five thousand dollars did not do justice on that car. I mean
that was forty five thousand dollars. Was a really huh it was the Aide
nine. No, no, no, it was a fast back. It
was it was a six six. No, no, it was a I
think I think that one was a sixty five. I think that was the
six five. There was two different ones there went one. One went for
like forty two, one went for forty five. I think it was.
And uh, both of them right in the right price range. But they
were clean, I mean they were like completely done, really nice shape, and they were they were good money. I mean they were really really good
money. I was watching the live stream, Cameron's watching live with me.
I'm watching the two. But dude, the Bronco, the Ford Bronk and
I know you don't like Bronchos, Nate, but the Ford Broncos, the New Broncos. Ye, New Bronco, thirty two thousand dollars. I'm like
over here, gun, No, it was more than that, like no, like it was still in the no think it two I think went for forty two. It was forty two, but still was a good price on
it. It was a two thousand and one. It was modified. I
think it went for like forty two thousand. It was completely modified. It
had a lot of bunch stuffed done to it. And I said that was
a good buy because here, uh here, like here in Virginia, I haven't seen a two thousand and one go really like that much modifications on it for anything under like seventy or eighty thousand dollars here. So I mean like
it was a good bye. You probably could have bought that, brought it
here to round, flipped it and probably made twenty thirty thousand dollars easy.
Um, it was a nice vehicle. So, like I said, there
was really good byes that we had there. I was, I was definitely
uh behavior myself, and I think Don was making me behave myself. Probably
if I was there, it had been a bad thing. If it was
just me and the boys there, we probably would have came home with a car or probably a car to keep and one to flip. We probably could
have bought a car to keep and bought a car to flip and probably paid for the car. Yeah, I mean definitely, but we went for the
experience and I definitely just kind of went because I thought that the listeners would enjoy some of the content from it and that, you know. But uh,
it was it was cool to go. I mean they distracted from from
just getting out of the Hawaii state of things and and and get into into the thing, and we had a good time. It was nice. Um,
you know, it was a nice setup. I really you know,
last time I went to anything like that, there was a larger group of cars. I was surprised that it wasn't as big a group of cars I've
seen in the past. But it was still cool. I mean, it
was a really nice sperions. Everybody there was really cool, friendly, n
it was nice, nice, nice setup. So definitely cool. Um,
could definitely do it again. Uh kind of tell you. So they had
the one hall versus all the halls and where you're at seeing us, they just had one hall. Yeah, one of the hall set up, so
it was a West hall. So yeah, so it was definitely cool.
Like I said, we had we had a good time. Um. But
yeah, if you guys, like I told you guys, if you ever get a chance. Definitely check it off on your bucket list. If you
guys get a chance to go to Bear Jackson, it's a really cool, uh event, It's really cool just kind of be there with inside the action.
Definitely get a Bitter's card and you know, see if you can snack something. I mean, I mean they got financing right there on that thing.
If you need a finance that they'll they have. Yeah, they have
financing right there. You can get financing right there on the car and take
it home with you. So it's it's available. I mean, they haven't
all set up for you like you can make a head not just pull a credit card, pay for it. You done, roll through and be done.
But uh no, it's definitely yeah, reward points, reward points, so uh but no, it definitely uh it's definitely definitely cool experience to go.
Um Me comes another cool one than two that it's really cool to go to as well. Um Or Seem. I mean, we we've been to
Seem a mini of time. Does seem doesn't sell anything. Yeah, they're
not selling anything. They're displaying. But I tell everybody seem seem, well,
yeah, they sell the cars afterwards. That's totally different. Though,
I tell everybody seems another good one to go too. If you go to
a big, huge show, is definitely something you gotta check off on your bucket list as well. And then, no, guys, I gotta jump
out of here real quick for a commercial break. When we come back,
we got some more for you. Guys. Flying cars are back. You're
not gonna want to miss this one whole tight and I'll talk to you soon.
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at seven five seven four six four one zero zero three. That's seven five
seven four six four one thousand and three. Welcome back to Let's Talk Cars
Radio, your automotive specialist. Now back to your host Dave Palach. Hey,
guys, welcome back. So here is like some craziness what you're doing
other buddy that I hit the U. Yeah, I know, all right.
So um, we were talking about flying cars. We are. So
here's the craziness is as far as like you guys know that we've been covering like flying cars for like I don't know. It feels like forever now,
forever ever, I mean forever, everever um, and it it comes and goes in conversations, I guess over like I want to say, for like the least the last four years, we've talked about it, and it went away, and we talked about it went away. You brought up in conversation
today, and my reaction is probably the reaction of all other pay with flying cars, like like what we barely like you said, we barely can drive on the road today, So how are we going to have flying Okay, so let me tell you what the problem is. And I think we've covered
this before. So the real problem with flying cars, to be honest with
you guys, everybody's like we said we'd have flying cars by now, and you know, we thought we'd be up with time. If you if you
look at the jets and s if I hear the Jetsons reference one more time, I'm probably gonna pull all my hair out. Everybody's like everything from the
Jetsons we're supposed to be at the time of the Jetsons by now, if you go by with the Jetsons say, okay, well sure it was a cartoon though, guys, and you're okay, but but but they said, okay, if you look at the Jetsons, we are pretty much at the Jetson's time if you look at it. We have a machine that will vacuum
your house for you. Okay, So we have a rosy. Mine's called
Rosie. By the way I named it it is that's that's that's what my
vacuum is called. Yeah, are just called you're always dying in random rooms?
Okay, so right, I like turns on. I don't know mine
turns off on random rooms. I don't know why. But but it is
called Rosie. But didn't you remember Rosie used to break down too and the
cartoon she broke down to. So mine's called Rosie. That's what I named
it when I first got it, because I thought it was funny. From
the Jetsons. Okay, we have electronic newspapers, like George Jetson used to
read, it is your iPad, that's electronic newspaper. Okay. The a
pilot you got to pay five dollars now to bring you here, so you have that. You have instant dinners. Okay, you you have it.
You know here well even that you have freeze dride. You know, so
there is free ride, so you you do have. Yeah, but it
didn't like come out of like nowhere. It did. Let's not get too
fam just saying like he's like, then they come out of nowhere. Hold
on, hold on. If you go to Japan, it does. Like
if you if you've seen something like Japan's like if you guys go to Japan and see some of the stuff they have like the bending machine and automatically that you push a button and it brings. So you have it. We just
don't even you haven't seen it here in America, but we do have it.
Okay, So they're just not here. So I'm just saying, so
you do so you do it. You do have we're online with the Jetsons.
The flying car, in one fashion or another, has existed. Okay,
it is. It's out there. It's just a little more it's but
there's a lot of different variations of it. I have over the last three
years covered so many different variations to the flying car. I have seen up
close variations of the flying car at different shows where they've like, okay, so here's the flying car. It varies from a flying car, from a
real flying car to a you know, tricopter, I guess is what I would call it. Like, you know, it's basically a drone with two
an airplane too. It's not an airplane, it's a flying car. I
mean they are touching ones that, like they have the wings that come out of the shuttle. They are so plane. It's we are getting We're getting
close to basically what the flying car. So the newest ones are more I
would say, closer to a flying car. So you have a the newest
one that just got approved, what will go two hundred miles on the road.
You can drive two hundred miles in road and it can fly like one hundred miles and one hundred hundred and ten miles in the air. So that's
more like solve the hoverboard situation. I'm just saying, it's like stun hoverboard.
Okay, I got you. So here's the thing. So in Europe
they've been testing the flying taxi. Okay, So the flying taxi, which
we've talked about many times on the show, is you get in it and it takes you from one destination to the other. Should they're just set preset
destinations. It may have four different preset destinations in it when you get in
it, and you can pick up those four or three or whatever. It's
gonna be set at destinations. You just get in it. It's either going
to be ground set or rooftop set, and you just get in it.
You touch a button and it takes you. Now, these are gonna be
the their plan to be unmanned, so and they can carry up to four passengers. So you just get in it, you touch a button, and
it'll take you to one of those preset destinations in Atlants. Everybody's like,
well, well, what good is that? Well, what's the plan for
that? Really is going to be is if you go ahead and move to
the point where you can take somebody and it's a ten minute trip, which would normally if you had to drive, it would be maybe an hour and a half trip. So you kind of understand that, right, Yeah,
now, I got you. Yeah, I mean you go ahead and you
get it to the point where it's set up to that point right right, all right, So you have to be to the point where that is the most important kind of thing of if you think that's valuable. The design of
that was designed. Let's say you go to a sporting game. You know
how traffic is horrible at a sporting game, right right? Okay, so
even if we try to hire officers and everything, and they're trying their best and everything, but for some reason, as many sporting games as we have, we still haven't been able to find a pattern to make the traffic just right. So the design, their design was on a sporting game to put
a bunch of these. That's how they were going to test it. Put
a bunch of these and you just get in them, and instead of waiting in that traffic, you could go to parking lots set further away, let's just say the suburbs, but instead of having the trap, so they would have to do it as multiple parking lots, because if you're just taking one person from one parking lot to another parking lot, then you're gonna have the same problem just five locks. It would be what's a taxi too, So
it's more than one person. I mean, you're carrying multiple people. I
understand that you're dropping off. You're just relieving that those people are going to
get out of the taxi. Then they're going to go into the but it's
in the suburbs. You think about, they're going to go into a taxi
at a parking lot that was already fooled the reason why they did it, and take them to another it's not a park think about. So let's just
say you leave like you're leaving a stadium, right, You're getting a stadium, and you go up an elevator, and on top of the roof of this elevator is just constantly taxis just dropping picking people up and went and taking off dropping picking up people and take them out to the suburbs and dropping in park lists where they preparked their cars. That's a lot quicker than people being
on these roads trying to leave out of a parking lot and move. You're
not talking about the same area code. You're talking about right, going to
different, going to different if you even nothing the three separate parking lots, no no, no, no, no, no, no different different.
Let's just say that people going south is right, Okay, So let's just say that, um, like for work related okay, you would decide you want to work in the city, almost like using like the tram system like we used to use a train to go into Chicago and stuff like that.
You could just go to a parking lot. You park and there's just help
copters coming back and forth. You just hit a button and the copper takes
you and drops you off at a rooftop or a preset location and you don't only have to walk three blocks to your work or whatever, you know what I mean, just things like that instead of having to drive in It just relieves just that commute, right, you know I meantime right absolutely. So
that's that's that's the thought process on this. Now everybody goes, why don't
we have this yet? I'm going to tell you the reason. What the
biggest hold up has been, as cameraon allude to, we can't drive on the streets okay without crashing into each other. The biggest hold up for a
lot of this is is air management. Like we have not figured out an
air management system. The debris that follows down, well, that's what I'm
like, where does it go? They crash into each other on the ground,
it stays in the ground. Like if you crash on the road,
you're on the road. You know. If you crash in the sky,
you're falling out hurt. Well, okay, so here's the thing. You
got airplanes, you got helicopters. Now you had to add another layer of
flying cars. Yeah, so it's gonna been out too. There's gonna be
a bracket. You're gonna do like a helicopters fly at this, airplane flight
at this and now flying cars fly at this level. You gonna be like
certain technology they're gonna have to put in these cars where they can't go above the search. I think, yeah, I think there's gonna be drones.
You already have them in the drones, so why not Yeah, I mean no, no, yeah, yeah, right, you know, I mean I definitely get it. I mean, so there's they've been so, like
I said, they've been testing them in Europe and apparently it's been working pretty well. Now you have in California. It's been approved this new flying car.
And it's actually looks more like a car than anything else does. It
doesn't look like one of your coptors, you know, like a drone copter.
It actually looks like a car. Yeah, I saw it and panels
in the room. Yeah, it's weird, but it's been approved. Trauma.
Now everybody asks, Okay, Dave, we've talked about this, We've talked about this, We've talked Yeah, definitely does so you guys, I know you guys are wonder what's the date? Once again, so the date
for all this and this is the one that they're testing in Europe, and this is the one that now they're gonna be testing in California. The date
twenty twenty five, twenty twenty five. They want to start selling this off,
this idea to the customers and actually have this ready for customers now twenty twenty five. You guys, that's a year and a half basically away.
But are you going to be like people like us when they start it or are they going to be trying to sell it to corporate company? Think you
think yeah, just because like it has to go through the private before it goes to public. Here's the thing. The car, that car in California
is available to private consumers in twenty twenty five. That's what they're saying.
That's what I'm saying. Yeah, So it's not that's private consumers, that's
you and I. That's no, no, no, no, no,
no no no no, that's that's that's people like us. You and I
that's the public, that's you and I could buy it. So I asked
you this, but I will ask Nate this and all of our viewers.
Would you get in it? Would you get in at the food here?
It came out that question the first year it came out. Would you get
in it? Okay? If you show once again, find I get back
to science, okay once again once Okay. First of all, the cost
on the car is only like three hundred thousand dollars, so that's not a whole lot of money. It's not really when you think about it for people.
And I'm gonna answer it like the one you guys hate this analogy.
We line up for what? Every time something comes out? What are we
line up for? iPhone? That's right? So those who have an extra
three hundred thousand dollars to throw away are gonna do what? Line up?
How many people lined up for the Tesla truck? WHA, Well I never
came but this kind of wait. Man, I saw two of them on
a trailer being trailer that video too, So that's wrong. Tesla. We
love you, but I'm just saying it's it's it's there, right, I mean, Oh, by the way, not to go off topic. I
got to sit down and talk with the Lucy guys, really nice guys.
Uh got to finally, you know, I've seen I've seen No, I mean, I told you guys, I've seen a couple in the wild, and I saw the one here in the while and stuff like that. Really
really nice guys, really cool to see them more than just one here one there. There was a bunch from there. They were given test rides and
displaying the car and let everybody kind of see it and touch it and feel it. Uh, really nice. Like I said, I really much believe
I told you guys, But competition you were able to actually grab one of them. Yeah. Yeah, So you know, I told you guys,
I think competition promotes competition. You know, I've I've told you guys,
I support Husla one hundred percent because I just think they're a technology company loose.
It's on the same thing. So I asked him, I said,
are you guys a car company? Are you a technology company? First?
They're a technology company too. They're interested in the technology and then using it
into the carr and to bring it out. Really, I really really enjoyed
my conversation with them. It was enlightening. So on that note, guys,
I gotta take a quick commercial break because we've gone a little over but it was worth it. Let me take curcial break. When we come back.
We got some more for you. Guys. You guys whole tight.
We'll talk to you soon. You're listening to Dave Colaunch on Let's Talk Cars
Radio. Dave will be right back. Okay, guys, it's time to
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Hey, guys, day from Let's Talk Cars Radio. So for the
last two years, if you listen to the show, you've heard me talk about my dream house. It has been a great experience buying land, building
my house, even selling my old house. One thing I didn't tell you
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four. That's three nine nine one seven one four. JF. Whitlow and
Sons Incorporated. Welcome back to Let's Talk Cars Radio, your automotive specialist.
Now back to your host, Dave Palach. Hey, guys, welcome back.
So to round it out before we went a commercial break, if you have an extra three hundred thousand dollars and you know you're looking to fly, and you like to fly and you like to drive, so with a driver's you know, license, you have to get a flyers see, that's once again to be called a Class F license. That's what I'm waiting for.
I'm waiting for him to give like some kind of weird classification to it, which I think is going to eventually come. That's what I talk about air
management. So what is it gonna be a part of your driver's license?
You think? I think you think it's gonna be something totally separate. Here's
what I think. I think at first there's probably gonna be nothing right,
and then when the government gets involved, there'll be some type of class pilot license and then they use it and I don't know how to come out with something. Well, here's the thing. So talking about licenses. Shout out
to Ian for getting his class Yeah, you guys, CDL license. I
don't know, Class B so for what though, basically drive trucks. Don't
know. Oh, he had to have it, that's right. He has
to have it for that next job he wants. That makes sense, Okay,
pass it, so good for him. Yeah, that's good. Cool,
good job there, brother. Um. But class F license, I
can That's what I'm talking about your management. I think at some point time
the governments can have to step in and go okay, But for the taxi side of things, when they're just flying themselves computerized and stuff like that, you know, you're just gonna be a pass more airports where we can have commercial flights lam, but they're mainly purposes for taxis and stuff. No,
No, because here's remember Uber and Lift were buying up rooftops and stuff like that because they wanted to be in this business so much. I mean,
they really want to be in this business. Do you need the helicopters think
about it. Airplane needs a law, Yeah, but you need a runway
to get just they don't these eighty miles par with Karen, you be able to get there thinking about Yeah, you're think you're thinking, you're thinking of Back to the Future and eighty miles. You watched too much Back the Future?
Well I have. He's like, eighty miles an hour. I was
like, I think, eighty eight miles. I've watched a lot of Back
of the Future. Come on, Doc coming He's like, do we need
eighty eight plane those one hundred and forty nine to take off old food left over because that was the second one future second the food processor. No,
there's gonna be a lot to it. But like I said, I think
at some point in time, the government's going to step in and change a bunch stuff to put a bunch of rules to it. But as far as
like like the drones set up the taxis and stuff like, I think that's going to be lesser to figure out because they're just gonna be moving about and they're gonna be computer programs. I mean, think about it. Our drone
that we have. Yeah, you just put a program into it. If
it does exactly what you tell to do and it comes right back to work.
Yeah, it has a flight plan. He put it in and does
what it needs to do. No different two days ago. So it's funny
that you say, yeah, So like I said, no, no, no different. As far as there is a big one, it works the
same way. So let's jump into it. Here's another story from from the
past that has come forward. It's not really a flashback, but it definitely
is a recircling story, so I guess it could count as a flashback.
Remember how I told you guys that when we've covered this a couple of different times, if we've been following it, I don't say it cover it following it, that the car market definitely was m a crumbling market, and then it is it is a mess. Do you guys know what the number one
growing job right this second in America is car salesman? No you think technician?
No, oh, we wish technician. We need technicians like you wouldn't
believe, Oh, finance person. Yeah, I know you think it would
be that too, but it would be what is the one of the number one growing jobs right this second in America? Can you give us a hit?
Has to do with cars? Can you give us another hit? Has
to do with it has everything to do with cars, car dealerships? Nope,
no, yes, repo man is one of the number one growing jobs right this second in America. Really the car market, which is crazy because
for years it was a decline. Not used to be a good job,
but used to be used to make really good money. You guys know,
you guys know, I told you I got I repoed way back in my younger years. It was really good money to park anywhere. It was like
a push to park anywhere. Like before there was a lot of like reserve
parking, but then there was a push for like you know, citizens to park kind of like where they wanted. Two wise, so like I feel
like that's why Toney went down, right, Well, so repos a little different though, So repo you don't pay your car payment and they take your car. I mean that's just what it is. How long how long until
they take my car? Like the first mob the second level. It really
depends on so I I the reason why I didn't really like Repo all that much, even though it was paid for a good money, though I didn't when I was in the military for extra money, was there was finance companies would have want us to sit on the house, like they'd want us to go sit on the house because it was in like four hours, like it clicked and the car was ready for it, like you could take you could take the car took yeah, like all right, so that am they missed their payment? No, No, there was finance companies like that. No
kid man like it was finance companies that were like, okay, at midnight, they are overdue and you can take the car and they want you to go and sit on the house and wait for that to click them in outs in the car where they just cut the car off. Well yeah, here's
the reason why they do. Here's the thing, though, any smart person
can undo that. If you're a smart person, you can just go undo
that device. I mean, if you're just a smart car person, you
can undo that device, and it is what it is. So, like
I said, it's it's it's one of those things. Where So why is
the REPO market expanding? Now? Okay, so here's here's the reason why
it is. One. We had COVID. We had a bunch of money
given given away and for some people who needed it and a lot of people who took it who didn't need it under false claims. Whatever. You I'm
not even gonna get into that. The government talks about it all the time
on the news. You could if you want to research how much, how
much? How much people defrauded the government and took money that didn't deserve it.
What are you talking about? I got a business with ten thousand people.
Oh yeah, exactly exactly. So you know, we go we could
go into that a million years. But I'm a car show. I'm not
getting into that. But we know that that happened. So you have people
that got cars who couldn't afford them. You have people that are working jobs
who are making very little money, who got nine hundred dollars a week for ever, who now don't have the jobs to sustain that car payment. Okay,
and they're driving I see the cars. I know it. You can
go to a lot of places and I'm not going to name where they work at, but places where you see BMW's and Mercedes sitting in the parking lot for people that are making nowhere close to the money to sustain that car payment, right okay? And guys, just look around, you see them.
I see them all the time, and I just I shake my head and I'm like, why why did you not look good on you? You got
the car. That's not what this is about you. Ye hey, if
you if you can, how do you do it right? You look?
You got the car. Okay, Like literally, you got the car.
Congrats on you. Now Here we are two years later on that seven year
note that you took on that car. How are you going? How are
you paying for the car now? And that's what's happening. You got the
car because some dealership didn't care about you. They had they weren't worried about
you, They were worried about selling that car. They put you in a
seven year car note because you had that money at that time, okay, and that money was coming in. And but now here we are, we're
past COVID, that money has been cut off. To you. You don't
have that money available, and now you have you're still what four years left into that car note and you're driving around a Mercedes or a BMW that you absolutely could you've done it right. You still owe forty thousand dollars on that
car, right, and it's crazy, right at fifteen dollars an hour, you can't afford that car. And now repo jobs are like crazy because there's
so many cars. The car market that was already really weak, It was
already like just a stack of dominoes before we ever got into COVID. We
were talking about it already before COVID ever happened. We were talking about on
the radio show because I had talked to a lot of finance guys and stuff like that, and they're like, look, it's a really shaky It's almost like the house market that completely broke America. The car market was built the
exact same way. They gave a lot of shady loans to a lot of
different people, and it was already just a shaky market as it was, and people are trying to figure out what they were going to do that we're talking about the banks, because the banks gave a lot of crazy loans and it's really like, you know, it caught up to a lot of people because it's like, you know, you spend sixty K for a brand new car and in a couple of years, no, you know, i'd appreciate to you know, forty K, twenty K and stuff. Now we're kind
of get to the point where like the car is worth you know, should be. But it's like it's affecting everybody else when they're trying to buy something.
Let me tell you how crazy it is in the repo world right now.
They're renting lots because they are out of space at their own lots to store cars. Really, they're repointing so many cars right this second. It
is crazy. There's so many cars out there, so many defaulted loans out
there. Seeah, it's gonna fluctuate the marketing to the crazy when they start
going on sale. Here's the thing, you guys here, because Bank America,
I think it's Bank of America this week decided to stop giving loans to small car dealerships to allow them to buy cars for their inventory to sell the people. Because it's such a messed up system right this second. I mean
that tells you a lot. That means independent car dealers who buy cars because
they don't have the capital. Most of them don't. I'm gonna say most
small car dealerships don't have the capital go out and buy thirty cars to put on their lot. So they take a loan and go buy the cars to
put on their lot to hope to sell them quick enough to pay the loan back. They decide it, we're done, like we can't give any more
loans out to these independent car dealerships to go buy cars, put on a lot and hope it flips around. But they're the ones that are fluctuating the
market, right because what they're doing is they're giving them loans out for the cars to be out there for them to recoup new one. Right. So
it's like you really it's a right, right, Like they're like yeah, and then we're not. We can't do it. Like it's we got our
hands and way too many pots everything. That's exactly what's happened. It's everything's
defaulting so much. It's just money that can't be recouped. And then we
had to put the cars out and then reapo them and hope to get some money back and then go after these people to try to get money and it's listening. The market is crazy, guys, is to the dealership for to
get that car that hold on? What if? What if Let's say I
give the dealership a loan to buy the cars to put on their lot, and then I go ahead and finance a person on the same car to put them in the car that you bought, and now I got two loans on the car and now at all defaults. Yeah, yeah, yeah, it's
so it's just a crazy world out there. And it's funny because, like
I said, we were talking about this pre COVID, how shaky the market was. Now the market's crazy to the point where one of the highest job
turnover to get pepe not turnover but to hiring. Is it need repo men
like you wouldn't believe because there's so many cars out there need to be repod.
Trust me when I repod. It's a crazy job, guys. And
I'm not talking about like what you guys see on TV, like Lizard Lick is what a couple hours down the road from us over here in what North Carolina or whatever. It is not what you not what you guys see on
TV. Because as great as some of those shows are you guys like,
And I'm not knocking any of those shows or anything like that. TV.
It's TV, and some of that stuff has to be set up, you know, to make it entertaining and stuff like that. And I understand because
we're a radio show and you know, we're trying to be entertaining for you guys as well, and stuff like that. Don't be wrong, but they
have you know, that's a little bit. They have to put that into
the right content for that to be entertaining for you guys. And there's there's
other ones that there was another one that was out there camera with the other one ones, but there's there's been a couple yea repost shows that are out there over the years and stuff. But don't take away from what it is
before that was a TV show. You know, those guys you put their
butt on the line every single day to repot cars and it's dangerous. I
did it. I'm gonna tell you I had guns pulled out of me quite
a bit. It is a very dangerous job. So on that note,
guys, I gotta take quick commership break real quick. When we come back.
We'll jup a little bit more into this and kind of just try to break it down for you guys. I got a little bit more for you
guys, the whole tight and I'll talk to you soon. You're listening to
Dave Platch on Let's Talk Cars Radio. Dave will be right back. An
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Transmission. Welcome back to Let's Talk Cars Radio. You're automotive specialist. Now
back to your host, Dave Palach. Hey, guys, so once again,
it's funny how like things come back around like the news is always the same if you read between the line, it is so it's I just find it funny. I mean no, no, I like I said, I
just I just find it funny that you know, before COVID, like the car market was so just unstable and now here we are, and I feel, I truly do feel bad because and I don't know why, like I feel bad about it because I probably like it should just let it ride and be whatever it is, because people made their decisions for themselves to the fact of like you you should have known you shouldn't you don't go out and buy a car that like you had to know that at some point in time the money was going to dry up, and like you know what I mean, like was it gonna last forever? Right? And you shouldn't went out and
bought like a seventy thousand dollar car or a plan you know you know what I mean? Because seriously, I I can't how many times, and I'm
serious, like how many parking lots I do see cars where I'm like, that car does not belong in that parking lot, Or you see people getting out like you'll just be having me sitting the right place. You see people
get off work. You see them get in a car, and I must
say not all younger generation, because it's it's many generations. But you see
people getting off work and you're just like, you're not going to be able to sustain that car payment. I can't believe you bought that car, you
know what I mean? Where you can't now, but in the future you're
probably not. No, no, now we're in the future. Now we
are in the future. Now the future is here because all that money,
that free money, dried up. It's done. You're now back to reality,
you know, a regular paycheck, or where you were before rather and I can't say what it is, but I'm gonna say, like some of the places I see where these cars are sitting, it's fifteen dollars an hour.
You're not paying for that car in fifteen dollars an hour, not with all the rest of your responsibilities, not with rent, you know, and that free well, that whole free rent thing. I don't know how that
thing worked. I can't say it's free rent. Was it half rent?
I don't know, because I don't I didn't, I don't I don't rent, so I don't know, but I know there was a program for it.
But all that has, all those programs dried up, and now you're with this car that you can't for it, and like, I don't know, maybe there should have been like some kind of governance or something like that where like people should have been stepped in and went, hey, we can't give you this car. Like I understand what the finances say right this second,
but we know that's not real finances. Well, at end of the
day, they don't care about taking the last penny. I feel like they
should, well they should, okay, some type of cash. That's the
reason why I couldn't sell cars because I told you I sold cars for a very short period of time during I told you, like kind of during the winter months going up into Christmas time. I sold cars when I was in
my early twenties. Well I was like twenty two is twenty three whatever it
was. I sold it for additional money, And I told you I couldn't
do it because we had that breakout sheet, and the breakout sheet you wrote down everything and people did people's finances, and literally after you did, I told you, after you did people's finances, they'd have like twenty dollars left for their name. And they hadn't bought groceries yet or put I told you
they didn't put shoes on their kids feet, bought them clothes or anything like that. And it broke out, Oh, yeah, they can afford this
car, and like they would get financed for the car and I didn't.
It never felt made me feel right because I was just like they and not if anything goes wrong, not if anything went wrong, if they had to buy clothes for their kids, feed their kids. There was no food in
that yet. There wasn't a food budget, there was nothing. There was
just paid bills, paid car, did not feed, sell or anything else, and they could proof for the car. And I'm like, and I
even at that age, I understood, well, everybody making bills, they don't care. That's a difference. Yeah, But I like, you hadn't
had like a conscious or something. I don't know. Maybe I don't know.
Maybe most people didn't. I don't, but I did. I was
just like, how are you gonna pay for anything else? Maybe because I
started paying off bills really early in my life, maybe that's the reason why I understood like trying to pay your bills, like and make sure you had money for food and everything else, but you always but here's a thing.
They were their own no, no, no, they were their own worst nightmare. I'm talking the customers were their own worst nightmare because all they cared
about was getting in that car. Right. You could have explained it to
them, which I tried to. I'm like, hey, you know,
maybe we should look at a little different car. All they cared about was
getting in that car. They did not care, they didn't care what what
that breakdown sheet said. All they cared about was getting in that new car.
And I'm liked or to cloud. That's right, that's all they cared
about. You. You couldn't talk them out of not buying that electricity to
the water and the water like seriously does not work. I just it was.
It was eye open and that's reason why I couldn't do cars. I
couldn't sell cars because I just it. It made me feel really ikey selling
cars. And I'm not saying this the case now. I got a lot
of people to listen to show their car sells and it was also like whatever, but it made me feel bad. You could done better. But if
you sell it from more, you got really good commission. So it's like
you're trying to help yourself out, but you're really messing looking up. So
here's the thing. Selling the car for two thousand dollars less was not going
to fix their problem, right, Like you could you could back the car down two thousand dollars well I'm talking about but it wasn't gonna fix it.
Like that was not going to solve their problem. About though, use a
seller, you know what I'm saying. It is like you're trying to like
make as much money as you can by you know, upselling a car, but you realize that you're doing something like terrible for someone else, you know, saying like maybe they can't afford that, or you know, they realized they did. They're paying a little more than where that cars were. So
Cameray was the hot eyedem I worked and I was selling for Toyo and camera was a hot eye and everybody wanted to come in and get a brand new camera. And they wanted the special edition. Everybody want that special edition to
carry because it looked like the Lexus. It was had the Lexus Paine job
and I was white. We no, we weren't. We're selling. It
was being sold for the regular price, but everybody came a market value.
No no on the camera. The camera didn't have all that um the Ciana
banded, but everybody wanted yeah, CNA van. Man, they lined up
for that thing because you're on almost a year waiting list for one for Ciana van. But everybody wanted that camera, and everybody was coming in for and
that, And the Slura was real popular that year too. Everybody wanted the
camera Slah and uh Yoda was making it yeah knock down like you wouldn't belee.
But like I said, I mean, it was just people buying things they couldn't afford. And that's exactly where we're at right now. People bought
a lot of things they couldn't afford, and now people are one hundred percent Just the repo is off the hook. And here's the thing. Now they're
going to roll around to auctions. So now it's gonna be interesting to see
how the auction houses are everything the same car price or they gonna they're going to lower them down. It always depends on like what the consumer is willing
to pay, you know, saying So it's like I feel like a lot of times we get stuck in this situation where a lot of people pay a little more than what the car's worth and that becomes the normal. Yeah,
and if someone else beats the record, and that becomes the normal. And
then we get to this point where we're just overpaying for really what the cars work. Well, that's what it is of hacking out the auction houses,
is the cars go for more than what they should be paying for, sourious to their car is worth it. I'm curious to see how that ends up
working out. On that note, guys, I can't believe the show went
by as fast as it did. Hopefully, Yeah, it went by really
really fast. Keep an eye out. We'll see how this ends up playing
out. On that note, guys, I'm gonnahead and round it out.
It's been an interesting show. A lot of stuff to cover. There's gonna
be a lot more stuff is the summer rolls on. Make sure that you,
guys, unpluged, spend some time with your family. It's Saturday.
Enjoy a car. Chaufflers went out there for you, guys. Sunday's right
around the corner. Make sure you unplugged, playboard game with your family.
Spend some time with them. They'll love you for it. You guys,
got anything before we get out of here, Let go of this cell, writer and slow down. All right, we're out here and we'll talk to
you soon.
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