02:07
Know what your vehicle needs before it needs it.
02:09
Visit your Buick Certified Service Center and ask for a multi-point vehicle inspection.
02:14
Plus, with the winter-ready service event, get up to $210 in stackable rebates on batteries,
02:19
brake pads and rotors, cabin and engine air filters, and wiper blades.
02:23
At participating U.S. GM dealers only, Max Rebate derives from collective rebates on all eligible parts.
02:28
Visit buick.com slash service offers or see dealer for full details.
02:32
Offer ends $228.26. Multi-point vehicle inspections vary by participating dealer.
02:37
One of the biggest challenges of earning a degree while on active duty
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That's why 30% of their students are military-affiliated.
03:03
And you, education that serves those who serve.
03:07
This podcast is sponsored by Talkspace.
03:10
Last year, I went through many different life changes.
03:13
I needed to take a pause and examine how I was feeling in the inside
03:18
to better show up for the ones who need me to be my best version of myself.
03:22
When you're navigating life's changes, Talkspace can help.
03:25
Talkspace is the number one rated online therapy,
03:28
bringing you professional support from licensed therapists and psychiatry providers
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becoming a first step father.
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I could speak with my therapist in the office.
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04:07
It's noon here in Ventner City, New Jersey
04:10
and our nation's capital, Washington, D.C.
04:14
And this is Car Edge Live for Tuesday, August 26th
04:19
with your hosts, me, Ray and Ventner and Zach.
04:23
But repping them dodgers again with that so-hey-oh-tonny Jersey
04:28
that he bought while in Japan in Washington, D.C.
04:34
How are you today, handsome?
04:36
Absolutely magnificent weather here in Washington, D.C.
04:39
That's like 75 degrees low humidity.
04:41
I am doing fantastic, excited to have a conversation
04:45
with you today to demystify
04:46
when is the best time to buy a new or used car.
04:49
We're going to talk about that here in just a few moments.
04:52
That's a little bit of a Q&A show today, folks.
04:54
If you have car buying questions, let us know in the chat.
04:56
We're going to do our best to address them.
04:58
There are a few news stories from the auto industry
05:00
we will also talk about.
05:02
So stay tuned for that as well.
05:03
A friendly reminder that we still have a few days remaining
05:06
for our car buying services, 20% off promotion.
05:10
You can get negotiation expert for 20% off
05:12
or our full concierge car buying service for 20% off
05:16
back at caredge.com.
05:17
Same thing goes for Car Edge Insights.
05:19
If you're interested in getting the tools we use
05:22
to have the best chance negotiating with dealers,
05:24
you can check that out back at caredge.com.
05:26
Click on Car Edge Insights.
05:28
That is also 20% off for the time being.
05:32
All right, Dad, that was the promo.
05:34
Let's have the conversation.
05:36
When is the best time to buy a new or used car?
05:39
And I want to start with new cars.
05:41
We're at the end of the month here in August.
05:43
So I'm curious is end of month.
05:45
We've talked about that in the past end of year,
05:48
Let's have the conversation.
05:49
When is the best time to buy a new car?
05:53
Well, dealers are most aggressive at the end of the month
05:58
rather than the beginning of the month.
06:00
Don't ask me why, but it's a psychological thing.
06:03
And as they're one or two or three or four or five cars
06:08
shorter their goals for the month as they get closer
06:12
to the end of the month, they become a little more excited,
06:17
motivated to make those deals so they can hit their numbers.
06:23
So if you're buying a car, the best time to buy it
06:29
is the last week in any month.
06:32
Okay, if you're buying a car and I don't know,
06:35
you buy it the first week of the month.
06:38
My guess is having spent 43 years in retail automotive
06:42
that the dealership has spent all their effort
06:46
and the energy to close out the previous month strongly.
06:50
And I don't know, the third, fourth, fifth of the month
06:52
they're thinking, we got the whole month.
06:54
Nothing to worry about.
06:56
We don't have to be aggressive yet.
06:58
So regardless of what month it is,
07:01
the last week of a month is the best time to buy a car.
07:05
The absolute best time to buy a new car
07:07
is when you don't need one.
07:10
Okay, that's the absolute best time
07:12
because if you don't need one,
07:15
then you're not suffering with this emotional distraughtness
07:23
that, oh, I got to get a car now.
07:26
When you don't need one, it's the best time
07:27
because you have the most leverage
07:28
because you don't care if you get the damn deal or not.
07:32
There's also end of year, which for new cars,
07:34
I think is also, it's like, it's almost cascading, right?
07:37
So there's the macro point, which I hear saying,
07:39
do it when you don't need it.
07:40
When you need it, you're already in a crunch.
07:42
Then there's the end of month, end of quarter,
07:44
end of year, kind of like the cascading best times
07:49
Absolutely, the end of the month, the end of a quarter,
07:53
and the absolute best time is between Christmas
07:56
and New Year's Eve.
07:58
In December, it is, that is probably,
08:03
if not the busiest week of the year for dealership.
08:08
It is one of the busiest weeks
08:11
of the year for dealership.
08:13
Manufacturers have set goals that they want to hit,
08:18
that they've set sales objectives for their dealerships,
08:22
that they want the dealerships to hit.
08:24
Dealerships themselves have their own goals.
08:27
Salespeople have their own goals.
08:30
So the last week of the year, December 26th
08:35
to December 31st, excuse me,
08:39
is absolutely the best time to buy a car.
08:46
Motivation is high on everyone's part.
08:49
Incentives are usually the largest and most lucrative
08:54
the last month of the year.
08:56
So in my estimation of 43 years in retail automotive,
09:01
that's the absolute, absolute best time.
09:05
All right, so that's the new car side of things.
09:07
Let's talk used cars for a minute here, Dad.
09:09
Is there historically a great time to buy a used car?
09:12
Is it the end of the month, end of the quarter, end of the year,
09:14
just like new cars, or is it a little bit different?
09:16
Well, same applies for used cars for end of the month.
09:22
Now, you say to yourself, okay, end of the year?
09:24
Yeah, because they still have objectives to hit.
09:29
January, February are two of the slowest months in the car
09:34
business, both for new car sales and used car sales.
09:39
You will find after the salespeople have gotten their paychecks
09:45
for what they did in December, then they realize, oh my God,
09:48
I'm not making any money in January.
09:53
You'll find a motivated group of people trying to figure
09:56
out a way to sell a car or two.
09:59
So used cars, January, February is a really good time to buy.
10:06
You want to stay away from tax season.
10:08
You don't want to be buying a used car in March, April, May,
10:14
maybe even into June.
10:17
Late summer values tend to go down a little bit,
10:20
but much like new cars, the end of the year and the first
10:24
two months of any new year, in my experience,
10:29
have been the best times to buy.
10:32
My brother, Uncle Kenny, once asked me, he said,
10:36
when's the best time to buy a car?
10:39
Yeah, and my answer to him was on February 28th
10:44
in the middle of a blizzard, okay?
10:47
That's the absolute best time to buy any car
10:50
because nobody coming into the dealership.
10:52
Everybody's stuck there.
10:54
So the best time to ever buy a car is the last day of the month
10:58
if there happens to be a blizzard.
11:01
If the weather conditions don't comply with that,
11:04
well, I don't know, you're on your own.
11:07
All right, so there you go.
11:08
That's the reality, folks.
11:10
Best time to buy a new or used car.
11:12
We've got a question here, though,
11:13
that ties in with electric vehicles.
11:14
Dad, should we buy or lease an EV in the last week
11:17
of September or at the end of the year?
11:20
This obviously has some play in with what's going on
11:23
on the federal government side
11:24
with tax credits, tax subsidies.
11:27
I would say this year,
11:29
it's going to be the last week of September.
11:33
We know that the federal tax credits and incentives
11:37
are going away so that all the manufacturers,
11:42
everybody's going to be pushing to get these EVs sold
11:47
the last week of September.
11:49
And whether the question is should you buy or lease,
11:54
nothing depreciates faster than an EV.
11:58
So if your intention is to buy it and keep it
12:02
for seven, eight, nine, 10 years, then buy it.
12:06
And don't concern yourself with the depreciation.
12:09
If you're thinking is I want to check one out,
12:12
I want to see if I like it.
12:14
I want to see if it can be the type of vehicle
12:16
that I would want to have long term then lease it
12:21
because between the federal tax credits and incentives
12:25
from the manufacturers, leasing makes the most sense
12:28
and gets you a vehicle at an extremely low payment.
12:34
I received an email yesterday from the Mazda dealer
12:37
where I bought or leased my CX-30,
12:42
24-month lease $2,999 down on a CX-90 Phev, $269 a month
12:53
with only $2,999 down.
12:55
That's pretty cheap.
12:56
So are you waiting till the end of the year?
12:58
No, I think you're taking advantage of some of this
12:59
desperation that we're seeing in the market right now
13:01
specifically around electric vehicles.
13:04
And I don't go so far as to say that there's some
13:06
desperation with other makes and models of vehicles as well.
13:09
It's not just EVs where there's that desperation.
13:12
Let's keep going here, Dad, in the chat.
13:13
Let me come back over here from Robert.
13:16
Is the best time of day to buy a new car,
13:19
the last open hour of the dealership?
13:22
Man, I remember as a kid hating that you are never home
13:25
for dinner because you probably had customers
13:28
So let's answer Robert's question.
13:29
Is the best time of the day to buy a new car,
13:32
the last open hour at the dealership?
13:35
Yeah, and please don't show up with your kids, okay?
13:38
You know, it's bad enough you're going to show up
13:40
and you know the dealership set the close at 8 o'clock
13:42
and you show up at 7.
13:44
And you know the entire transaction takes longer
13:48
You know that the moment you walked into the store
13:51
because this ain't the first time you ever bought a car.
13:53
It ain't your first rodeo, okay?
13:56
So the reason you're walking in an hour
13:58
before store closing is because you know
14:01
everybody's been there all day long
14:03
and they're anxious to finally get their asses
14:06
out of the dealership and get home to see their families.
14:08
So salespeople, sales managers typically will cut
14:13
to the chase on a, if somebody is serious
14:17
about buying a car the last hour
14:19
that the dealership is scheduled to be open.
14:23
So yeah, as much as dealerships hate that, you know,
14:28
it's not like walking into a store at the mall
14:33
where they go, it's 10 minutes to 9.
14:35
The store will be closing in 10 minutes.
14:38
Please take your purchases to the nearest cash register.
14:41
It doesn't work that way in a dealership.
14:44
It's like you can make the announcement,
14:46
the store will be closing in 10 minutes.
14:49
Kindly wrap up your transaction now.
14:51
Well, wrapping up that transaction now
14:53
can still take an hour, an hour and a half
14:56
even if you've always already agreed to numbers.
14:59
So yeah, if you want to get,
15:04
if you want to get the deal as quickly as you possibly can,
15:07
the bottom line number as quickly as you possibly can,
15:11
threaten to buy the car between,
15:13
if the store closes at 8, threaten to come in at 7
15:16
and threaten to buy the car between 7 and 8.
15:19
If the store closes at 9, come in at 8
15:22
and threaten to buy the car between 8 and 9.
15:26
Real pain in the butt, but yeah, obviously,
15:28
people want to get home.
15:29
They want to get out of there.
15:30
And obviously they're trying to make sure
15:32
they can sell a car too.
15:33
So it's trying to serve both masters from Barb here.
15:37
Pops, can I negotiate on a car that's not on the lot yet?
15:40
Does that situation weaken my negotiating power?
15:43
This is a really interesting question.
15:44
So not a factory order per se,
15:46
but a vehicle in transit to the dealership.
15:48
Can you negotiate on that, Doug?
15:50
Yes, absolutely you can.
15:52
Just like you can negotiate on an order.
15:55
You know, the dealership, smart dealerships anyway
15:59
will treat it as if the vehicle is already there
16:01
even though it's not.
16:03
And they'll negotiate a price on the vehicle as if it's there.
16:06
And that's the price you'll pay for it when it shows up.
16:09
So if you're at a dealership and they have incoming inventory,
16:14
yes, you can negotiate the price of that incoming inventory.
16:19
Now, if it's a Toyota and we know
16:22
that 90% of their incoming inventory is pre-sold,
16:26
you won't have as much leverage at a Toyota store
16:30
as say you might at a Nissan store
16:32
or you might at a Chevy dealership.
16:38
You give up some leverage, absolutely.
16:42
But if you play your cards right, okay,
16:47
you can definitely negotiate on an incoming car.
16:51
We've got Dad here from Trek Van.
16:54
Hi, Car Edge team question.
16:55
If I already had a dealer associate contact me,
16:58
does it void the Car Edge AI negotiation tool?
17:02
Have the AI take over for you
17:04
and have the communications with the dealership.
17:07
So even if you've already reached out,
17:08
you can have the AI reach out on another car.
17:10
You can have it start to do the negotiations on your behalf.
17:13
You can have it reach out on the same car
17:15
because the AI agent uses an alias.
17:18
Yeah, you can change the name.
17:19
You can change the name that shows up for the alias.
17:22
Yeah, so they won't know that it's you.
17:27
So yeah, the beauty of AI, ladies and gentlemen.
17:31
We've got here Dad from Don.
17:33
I am set to buy a Hyundai Elantra Sport this week
17:35
and I negotiated a $23,000 out-the-door price.
17:40
$23,000 OTB on a new car in today's market is incredible.
17:44
Sounds pretty cheap.
17:45
Should I wait and see what incentives are available
17:48
in September versus August?
17:49
August is a $1,250 customer cash incentive.
17:52
I'm just going to throw out my answer pops
17:54
and then obviously I want to hear from you.
17:55
I would take the deal.
17:56
I don't anticipate that Hyundai is going to increase incentives
17:59
on their cheapest vehicles, their most affordable vehicles.
18:02
If anything, it'll stay the same.
18:04
My suspicion would be that any improvement in incentives
18:10
going in this September will be towards their EVs
18:13
and not towards their ICE vehicles.
18:16
But there's no way...
18:17
It's like their cheap ICE vehicles
18:18
or affordable ICE vehicles.
18:19
Yes, and there's no way to know.
18:23
Either way, it's a crapshoot.
18:25
But at $23,000 out-the-door, that seems like a pretty solid value to me.
18:34
If you like the car, okay, stop driving yourself crazy
18:40
and just buy the damn thing.
18:42
Know what your vehicle needs before it needs it.
18:45
Visit your Chevrolet Certified Service Center
18:47
and ask for a multi-point vehicle inspection.
18:49
Plus, with the winter-ready service event,
18:51
get up to $210 in stackable rebates on batteries,
18:55
brake pads and rotors,
18:56
cabin and engine air filters,
18:59
At participating USGM dealers only,
19:01
Max Rebate derives from collectible rebates on all eligible parts.
19:04
Visit chevrolet.com slash service offers or see dealer for full details.
19:07
Offer ends $228.26.
19:09
Multi-point vehicle inspections vary by participating dealer.
19:12
One of the biggest challenges of earning a degree while on active duty
19:16
is transitioning your lifestyle and goals from military service to academic studies.
19:20
National University gets it.
19:22
As a top educator of the US military,
19:25
they provide dedicated military support and advising services,
19:29
credit for your military experience
19:31
and all the benefits of a military-friendly school.
19:34
That's why 30% of their students are military affiliated.
19:38
And you, education that serves those who serve.
19:42
This podcast is sponsored by Talkspace.
19:44
Last year, I went through many different life changes.
19:48
I needed to take a pause
19:50
and examine how I was feeling in the inside
19:53
to better show up for the ones who need me
19:55
to be my best version of myself.
19:57
When you're navigating life's changes,
19:59
Talkspace can help.
20:00
Talkspace is the number one rated online therapy,
20:03
bringing you professional support
20:04
from licensed therapists and psychiatry providers
20:07
that you can access anytime, anywhere.
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Living a busy life,
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navigating a long distance relationship,
20:13
becoming a first step father,
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20:18
I could speak with my therapist in the office.
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I could speak with my therapist in the comfort of my home.
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20:26
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20:43
If you are driving yourself crazy
20:44
in the car buying process folks again,
20:46
we offer car buying services back at caredge.com.
20:49
Negotiation expert,
20:50
you tell us the specific vehicle you want
20:52
and you leave the hardest part to our team of pros
20:55
or our full car buying service.
20:57
You're not a hundred percent sure quite what you want.
20:59
You need us to locate it
21:00
and make sure that you don't have to deal
21:02
with the dealership.
21:03
We've got 20% off both back at caredge.com
21:07
and we show our notes folks.
21:09
You want to see what deals we've been able to secure
21:11
You can click right there and view all deals
21:13
or we highlight a few here on the page,
21:15
Hyundai Palisade securing a $3,638 savings
21:19
for this customer Jim in Michigan
21:21
and obviously white glove service.
21:23
You know, really pleasant experience
21:25
rather than having to beat your head up against a wall.
21:29
And a big kiss to thank you.
21:31
And here we go from JC.
21:33
One more comment on this.
21:34
Caredge located a 2025 Chrysler Pacifica 150 miles
21:38
from Boston with the $7,500 from the government
21:40
and $17,000 off of MSRP, 0% financing for 72 months.
21:47
Deals are out there folks.
21:50
And we like those type of absurdities.
21:53
We do like those types of absurdities.
21:55
One more comment here from Rich
21:56
and then we're going to do a news story dad.
21:58
Will Amazon deliver your car to your home?
22:00
Amazon's been doing a lot more in their go-to-market
22:02
of their autos program.
22:03
I don't think they're doing at home deliveries.
22:05
It's still through the dealers.
22:07
Yes, my understanding is you have to go
22:09
to the dealership to pick it up.
22:11
Now, perhaps the dealership will make arrangements
22:14
to deliver to your house,
22:15
but it's not Amazon Prime delivery.
22:20
Hey, one more comment here
22:21
and then the news story from T-How Pops.
22:23
I heard you on the radio the other day.
22:26
I like how you say it like it is about tariffs.
22:29
My dad was featured on NPR's Marketplace.
22:31
I don't know if anyone listens to NPR Marketplace,
22:34
but he was featured on Friday's episode.
22:36
Awesome sound bites from my dad talking
22:39
That was a cool moment that and we saw 14,000 people
22:44
come to the CarEdge website after that NPR segment.
22:48
Yes, job well done.
22:50
Oh, well, I better get on NPR some more.
22:54
Before they don't exist anymore.
22:58
Anyway, it was really awesome to hear you on there.
23:01
Let's switch gears.
23:01
Let's talk a little bit of the news.
23:06
Before we go to the news, there was a question in the chat.
23:11
Somebody asked, how do I like my CX-30?
23:15
Yeah, you are leasing a Mazda CX-30 right now.
23:18
I like it very much.
23:20
Do I like it as much as my Mini Cooper All-4
23:24
that I had, my S All-4?
23:26
It's not quite as sporty as the S All-4 was,
23:32
but it's so much easier to get into and out of.
23:36
And every time I get in the car, I am impressed with how
23:44
it reminds me of a Nissan X-Terra in this sense.
23:49
It's got everything I need and nothing I don't.
23:53
It has the leather seating.
23:55
It has a heads-up display.
23:57
It has all the safety devices.
24:02
Somebody's passing me on the right or the left.
24:04
And it is just so well-equipped for what was a 34,500-hour car.
24:15
I'm very impressed with it so far, even if it was built in Mexico.
24:21
The news headline I wanted to cover today.
24:23
Sony and Honda sued by California dealers
24:26
over direct Affila EV sales.
24:29
I think it's an interesting story here.
24:30
So Sony and Honda teamed up to try and bring to market
24:33
this new brand, Affila, the vehicle they've developed together.
24:39
And Dad, the dealers are suing.
24:40
I'm saying, hey, you cannot do this.
24:42
The dealers' associations nationwide are really strong.
24:45
We saw this with scout motors out of Volkswagen as well.
24:49
Really, really, really interesting stuff here.
24:50
I know you had a chance to, at least I think, review this.
24:54
What's your take on it?
24:55
Not only did I read it before I sent it to you.
25:04
When you're in California and the way that the franchise laws
25:10
are in California for selling direct to consumer from the
25:17
manufacturer, you can't be affiliated in any way, shape,
25:22
or form with an existing brand or manufacturer.
25:27
And that, that law was passed, I think, in 2023.
25:33
There is, I don't know how you could claim if you're Honda
25:40
and Sony working together and say there's no affiliation
25:45
with a brand that's already in existence and selling cars
25:49
in California and that those cars have to be sold through
25:54
a franchise dealer network.
25:56
So much like Scout, where Volkswagen says, oh, no,
26:01
it's a separate entity and a separate company, except I don't
26:05
know, you know, if you follow the money can probably follow
26:07
it all the way back to Volkswagen.
26:09
And with Honda and Sony, the first name in the joint
26:17
You know, now, unless it's the Honda lawnmower division,
26:24
But it just, it seems to me that they're going to have
26:27
a hard time defending themselves and winning this lawsuit.
26:33
I think that the California Dealers Association will
26:37
have a relatively easy time winning this lawsuit
26:40
because there is that connection between Honda Motors
26:46
and Honda and their joint venture with Sony.
26:50
Now, having said that, does that necessarily benefit
26:56
the consumers in the state of California?
26:59
Probably not, because if they have to be sold through
27:03
a dealer network, a franchise dealer network, there's
27:08
extra costs involved with that.
27:11
And so I think the consumers in California are going
27:18
to end up having to pay more than they necessarily would
27:22
have if they could buy these direct from the manufacturer.
27:25
Which dad, the quote here from the California Dealers
27:29
Association, the president, Brian Moss, quote, like
27:33
cutting dealers out, they're stripping vital consumer
27:36
protections like local service support, transparent
27:39
pricing, and warranty assistance.
27:43
I giggled when I saw that.
27:45
What's that gentleman's name?
27:48
Yeah, I can't say what I want to say.
27:52
I want to ask what I wanted to ask is, was he under
27:57
the influence of anything when he wrote that sentence?
28:04
Because I can assure you from having spent 43 years in
28:09
retail automotive that dealerships are not really living
28:18
up to service support, transparent pricing, and
28:22
warranty assistance.
28:23
Yes, they'll assist you with their warranty.
28:27
Yes, they'll be more than happy to service vehicle,
28:29
transparent pricing.
28:31
Here's an example, dad.
28:33
I posted this over on X, like, we got this through our
28:37
AI negotiator, and you can see here it was a 2023 Chevrolet
28:42
Silverado 1500 RST internet sales price.
28:45
This is a screenshot from their website, $48,990.
28:49
That's the transparent pricing.
28:52
When we reached out to the dealership, you can see
28:57
the selling price, $48,990, so it matches up.
29:01
But then they added on $399 for SafeCat, $239 for Edge, $1,295
29:10
Then we have, obviously we know it's California, so $85
29:14
Then a $4,890 something and a $1,295 something before
29:20
adding taxes, our outdoor price went up to $58,046 in
29:26
almost a $10,009 dollar price change from what
29:29
they had on their website.
29:30
This is a California dealer.
29:32
So it is, to your point, about maybe bad news for
29:35
The dealers association is most likely going to win this
29:38
lawsuit against Honda.
29:40
Like, there's very, I don't know, we're not lawyers,
29:42
but we look at it and it's like pretty common sense.
29:44
They have a law, they're breaking a law, they're
29:46
going to get sued, they've gotten sued, they're
29:47
going to have to stop doing what they're doing.
29:50
But to have the president of the automobile association
29:53
say, well, this is, this would be a disservice to
29:56
consumers because it would rid them of transparent
29:59
It's like, come on man, we've got examples galore about
30:03
how the current system is not giving consumers
30:06
transparent pricing.
30:07
Yeah, the current system is not customer friendly.
30:10
Never has been, hopefully one day it will be.
30:15
You know, there, could dealerships choose to
30:19
operate in a different manner?
30:23
The vast majority still don't.
30:26
And so, I get the concept that Mr.
30:32
Moss was trying to articulate.
30:35
I just, I'm just curious as to what he was under
30:39
the influence of when he wrote that.
30:45
All right, from Rich here.
30:46
Appreciate your Rich.
30:48
Thank you for the kind contribution pops.
30:50
Show Zach, aka, Loinford, don't know what the
30:54
Ford, and it's better days than 1961 Thunderbird.
30:58
Pops, I ended up pulling one up right here.
31:00
Let's look at these 1961 Thunderbird.
31:03
Good look at car, man.
31:07
Damn, that looks gorgeous.
31:10
Yeah, not, I don't think it's as good looking
31:13
as the original Thunderbird, which I think
31:19
But yeah, the Thunderbird convertible two-seater.
31:25
You know, you prefer this one, dad?
31:28
I prefer the original.
31:31
Pretty good looking tail.
31:32
Oh, that was a classic.
31:34
That was an absolute classic.
31:38
I think they're both pretty good looking.
31:41
And the 61, I think, is great looking as well.
31:47
You know, one was one was a smaller two seat sport
31:50
coupe, sport roadster, whatever you want to call it.
31:53
And then one was the two seat sport roadster on steroids.
32:02
Yeah, one was a land yacht.
32:03
Yeah, I mean, look at the size and look at it,
32:06
but it's a great looking car.
32:08
And I'm just guessing it probably wasn't recalled nearly
32:13
as often as Ford's current vehicles are.
32:19
Ford comes up and our minds jump to recalls.
32:22
Now, there's one more story I wanted to bring up today,
32:25
I don't know if you saw it was an automotive news CDG also is
32:29
An additional five Billy is what they're investing here in
32:32
the United States, increasing their investment to 26 billion
32:36
Seems like Hyundai is all in on trying to increase them
32:39
out of their supply chain coming through the United States.
32:41
Makes me wonder a little bit, dad, if they're going to
32:43
get some preferential treatment, maybe pricing won't go
32:45
up as much stuff like the accent way.
32:48
Preferential treatment.
32:50
I just found it interesting.
32:51
Hyundai making a big announcement.
32:52
They're going to put another five billion of committed
32:55
Who knows what it actually means.
32:57
I think the Hyundai is saying in as polite of terms as
33:01
they can that we're going to look at at every local market
33:08
and by local market, I mean North America, the United
33:13
And and they are going to increase investments in the
33:16
United States so that they can build more of their
33:20
And and that's not to say that they necessarily won't do
33:24
the same things in South America or in Africa or in
33:27
India, wherever they're trying to increase their local
33:33
manufacturing capabilities across the globe.
33:37
So does it make sense?
33:39
Absolutely it does.
33:43
Will it get them preferential treatment?
33:46
I'm pretty sure they're thinking it will because
33:49
otherwise they probably wouldn't be doing it.
33:53
So yeah, it's yeah.
33:56
Yeah, I mean it's it makes great sense on their part.
34:00
Can we can we talk about for a moment?
34:04
And I know I sent you a couple articles in regards to
34:08
The fact that Mercedes Benz is going I think starting
34:13
in 2027 going to start utilizing BMW engines in
34:19
their vehicles now here.
34:23
Did you want to put?
34:24
Well, I was hoping we could do that as a dedicated
34:26
show, but if you want to share some of your insights
34:28
initially here, I'm here for it.
34:30
But I think that'll probably be like tomorrow's primary
34:32
focus, but but go for it.
34:34
You need to go into both shows folks.
34:36
Yeah, I mean we can talk about it in greater
34:40
The idea of two major rivals in Germany, two rival car
34:51
manufacturers saying, okay, we're going to work together.
34:57
Okay, where we're one of the manufacturers are saying we
35:00
keep trying, but we haven't figured out a way to produce
35:03
the engines that we need to produce the work and the
35:07
way we need them to work.
35:08
The same way that BMW has and that these two huge rivals
35:13
are going to be willing to work hand to the hand on this.
35:18
I think just looking at it briefly, it kind of indicates
35:24
what the future may hold as far as how things get
35:29
consolidated in automotive to where you can see these
35:35
two rivals suddenly saying, we're not rivals at all.
35:41
I think it's a huge, huge, huge story.
35:43
We'll dedicate the beginning of tomorrow's show, most of
35:46
tomorrow's show to exactly that.
35:47
Mercedes-Benz and BMW shock the auto industry.
35:52
Yeah, it really did.
35:53
So I think it'll be an awesome conversation, but
35:55
I will remind everyone for now for today, we can
35:58
help you out with anything.
35:59
Check it out back at caredge.com us our incredible
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36:11
Let's call it a show for today.
36:12
Steve, one of our team members from New York's down here
36:14
in DC with me today.
36:15
So I'm going to go hang out with him and work this
36:17
afternoon and let's do it all again tomorrow at the
36:21
You mean if Steve wasn't here, you would be taking
36:23
this afternoon off?
36:25
No, we would always be on the show.
36:31
I'm glad you clarified.
36:34
Catch you back here tomorrow.
36:36
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