What Happened to the Amer. Convertible?, Monthly Car Payments New Record - Shift & Steer EP576
Shift and Steer
What Happened to the Amer. Convertible?, Monthly Car Payments New Record - Shift & Steer EP576 Shift and Steer · Jul 9, 2026
What Happened to the Amer. Convertible?, Monthly Car Payments New Record - Shift & Steer EP576

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What Happened to the Amer. Convertible?, Monthly Car Payments New Record - Shift & Steer EP576
Company

TireRack

TireRack is a company that sells tires and helps you choose the right ones. They also share reviews and tire test info to make it easier to decide.

Term

road hazard protection

Road hazard protection helps pay for certain tire damage caused by things on the road, like nails or debris. It can make a surprise flat or puncture less expensive.

Company

Progressive Insurance

Progressive Insurance sells car insurance. They also offer discounts if you bundle your car insurance with your home insurance.

Term

bundle your home and auto policies

Bundling means getting your home and car insurance from the same company. Often, that earns you a discount.

motorhome
Car

motorhome

A motorhome is basically a house on wheels that you can drive and sleep in. They’re talking about how it’s convenient because you can stop for meals or use the bathroom without needing a hotel.

Term

hook up

In RV context, “hook up” usually means connecting the motorhome to campground utilities (most commonly electricity, and sometimes water and sewer). It’s part of why RV stays can cost money, because you’re paying for the site where you can connect and use those services.

Jeep
Car

Jeep

A Jeep is a type of vehicle made by Jeep. They’re talking about buying one to pull behind the motorhome so they can drive separately when they arrive somewhere.

Concept

car payment

A car payment is what you pay each month to pay off your car loan. If those payments are high, it can make it harder to afford a car without stretching the loan terms.

Concept

negative equity

Negative equity means your car is worth less than what you still owe on it. If you trade it in, the difference usually gets rolled into the next car loan, so you end up borrowing more than the new car costs.

Concept

new car price

New car price is basically the typical cost of buying a brand-new car. If those prices are high, it can be harder to avoid borrowing more money, especially when you’re trading in a car you still owe on.

Concept

seven years

Seven years is the length of the car loan. A longer loan can make the monthly payment smaller, but you may pay more overall and it can take longer for the car to catch up in value versus what you owe.

Term

devalue

They’re talking about depreciation, which is how a car loses value as time goes on. If it devalues fast, you may not get much money back when you sell it.

Term

build equity

Equity is basically how much of the car you truly “own” financially. If the car loses value faster than you pay off the loan, you might not build any equity.

Term

0% financing

“0% financing” means you borrow the money without paying interest (for that offer period). That can make the car much cheaper overall than a normal loan.

Term

electric vehicle

An electric vehicle (EV) runs on electricity from a battery instead of gasoline. The host is talking about EVs because there are often special deals on them.

Term

lease deals

A lease is like renting the car for a fixed time with set payments. The host is saying leasing can be a cheaper way to try an EV and then decide later if you want to buy it.

Mercedes EQS
Car

Mercedes EQS

The Mercedes EQS is an all-electric luxury car from Mercedes-Benz. The host is saying you can sometimes find big discounts on it compared with what it originally cost.

Brand

Polestar

Polestar is a company that makes electric cars. The hosts are talking about Polestar leaving the US, which can make it harder to get parts and support later.

Brand

Volvo

Volvo is a car company. Here, it’s mentioned as the brand that will still be around in the US while Polestar leaves, which can affect who can service your car.

Term

tariffs

Tariffs are taxes a government charges on imported goods. The hosts suggest tariffs were part of why Polestar’s US plans changed, implying the cost of bringing cars into the country became too high.

Concept

car devaluing

Car devaluing means the car becomes worth less money. If a company leaves the market, people worry about repairs and parts, so the resale price can drop fast.

Brand

Fisker

Fisker is mentioned as an EV company that didn’t stick around. The point is that when an EV brand disappears, it can be much harder to get parts and fix the car.

Brand

Karma EVs

Karma is another electric-car brand mentioned for comparison. The hosts are basically saying that if a company doesn’t last, owners may struggle to get parts and repairs.

Term

brick

A “brick” means a car that’s basically dead and won’t work. The worry is that if you can’t get parts or fixes, the car can end up stuck and unusable.

Concept

owners groups

Owners groups are communities of people who own the same car. They help each other figure out repairs and sometimes find parts that work when the official support isn’t there.

Term

door switches

Door switches are the buttons/electrical controls in the door that operate things like the windows or locks. If one breaks, you might be able to replace just that switch.

Term

junkyard

A junkyard is where old or wrecked cars are dismantled for parts. People use it to find cheap replacement components instead of buying new ones.

Fisker ocean
Car

Fisker ocean

The Fisker Ocean is an electric car. The host is saying that if the car’s computer systems fail, it can become very hard to fix, so people talk about replacing the powertrain with something else.

Term

LS

“LS” refers to General Motors’ LS-series V8 engines (commonly swapped into other cars). The host is suggesting replacing the Fisker Ocean’s original powertrain with an LS engine as a DIY/aftermarket solution when the EV electronics become a problem.

Term

drive shaft

A drive shaft is a mechanical part that sends power from the gearbox to the wheels. If you change how a car sends power (front vs rear wheels), you may need a different drive shaft.

Term

cut and weld

“Cut and weld” means using tools to cut metal and then join it back together. For major conversions, you often have to modify parts so everything fits correctly.

Cadillac Escalade
Car

Cadillac Escalade

The Cadillac Escalade is a big luxury SUV. The host is using it as a price example—showing that $100,000 now buys mainstream luxury, not just exotic cars.

F-150
Car

F-150

The Ford F-150 is a popular full-size pickup truck. The host is saying that with today’s pricing, even a truck like this can cost around $100,000 in higher trims.

Chevy truck
Car

Chevy truck

They’re using “Chevy truck” as an example of the kind of pickup feel they want. It’s basically shorthand for a new Chevrolet pickup.

Toyota Tacoma
Car

Toyota Tacoma

The Toyota Tacoma is a popular pickup truck. In this segment, they’re talking about Toyota making it in the U.S., which can change how available and affordable these trucks are.

Place

San Antonio, Texas

They’re talking about a new Toyota factory planned for San Antonio, Texas. That location matters because it’s tied to jobs and where the trucks are built.

Concept

agreement between Mexico and America

They’re talking about a trade deal between the U.S. and Mexico. The point is that car parts often cross the border during production, so the rules can affect how hard it is and how expensive it is to build cars.

Nissan pickup truck
Car

Nissan pickup truck

They mention Nissan pickup trucks as an example of how different brands can start looking alike. The focus here is on styling, not a specific model.

Honda Ridgeline
Car

Honda Ridgeline

The Honda Ridgeline is a Honda pickup truck. The host is basically saying it can look like another brand’s truck until you get closer and notice it’s actually a Ridgeline.

Hyundai Santa Cruz
Car

Hyundai Santa Cruz

The Hyundai Santa Cruz is a smaller pickup from Hyundai. They’re mentioning it because it looks different from what they’re seeing in other trucks.

Term

supercharging

Supercharging is Tesla’s fast way to charge an electric car. Instead of waiting a long time, you can add a lot of range relatively quickly at special charging stations.

Term

Falcon doors

“Falcon doors” are the Model X’s special rear doors that open upward. They help you get in and out more easily, especially when parking is tight.

Term

warranty issues

“Warranty issues” means the car had problems that were supposed to be covered, but the warranty situation wasn’t smooth. The host is saying that can lead to expensive repairs later.

Concept

out of warranty

“Out of warranty” means the car is no longer covered by the manufacturer’s included repair coverage. For expensive components (like door mechanisms), that can shift costs to the owner and make problems feel much more severe once coverage ends.

Model S
Car

Model S

The Tesla Model S is a fully electric car. The point here is that older ones can develop expensive problems once the warranty is over, especially with things like doors.

Model 3
Car

Model 3

The Tesla Model 3 is Tesla’s popular electric sedan. The host is saying you can often buy used ones for much less than when they were new.

Model Y
Car

Model Y

The Tesla Model Y is Tesla’s electric crossover. The host is saying it’s so common that you can find used ones for relatively low prices.

Polestar
Car

Polestar

Polestar is an electric-car brand. The host is basically saying they don’t see many of them, so they’re wondering how many were sold.

Dodge Charger
Car

Dodge Charger

The Dodge Charger is a famous muscle-car model. The host is saying when Dodge tried an EV version, it didn’t click with the people who usually buy Chargers.

Term

EV

EV just means an electric car. Instead of burning gasoline, it runs mainly on electricity from a battery.

Term

six cylinder

“Six cylinder” means the engine has six cylinders. More cylinders usually changes how the engine sounds and delivers power compared with a V8.

Term

V8

A V8 is an engine with eight cylinders arranged in a V shape. People often like V8s for their character—sound and how they feel when you drive.

Term

shared platform

A shared platform means different cars use the same basic “bones” and engineering. That can make it cheaper to build several models instead of designing each one from scratch.

Silverado EV
Car

Silverado EV

The Silverado EV is the electric version of the Silverado pickup truck. The host is saying it benefits from GM using the same underlying platform across different models.

Term

universal EV platform

A universal EV platform is one shared design that automakers can use for lots of different electric cars. The idea is to make EVs cheaper and faster to build by reusing the same base.

Company

Ford

Ford is a car company. In this part, they’re talking about Ford’s plan to build many electric vehicles using the same basic platform.

Term

$30,000 EV truck

They’re talking about aiming for a relatively low price for an electric pickup—around $30,000. The idea is to make EV trucks more reachable for more buyers.

Hummer EV
Car

Hummer EV

The Hummer EV is an electric Hummer vehicle from GM. The hosts are talking about how many they’re selling in the U.S., and whether that demand is strong or weak.

Chevy Colorado's
Car

Chevy Colorado's

The Chevy Colorado is a mid-size pickup truck. The host likes the newer off-road look and says it has upgrades like better suspension and bigger tires for rougher driving.

Part

upgraded suspension

Suspension is what helps the truck ride over bumps and keep the tires in contact with the road. Upgrading it usually makes the truck handle rough terrain better.

Part

bigger wheels and tires

Bigger wheels and tires can help a truck grip better and clear obstacles on rough roads. They can also change how the truck feels when driving.

Part

roll bar

A roll bar is a protective frame that helps keep you safer if the vehicle rolls over. It’s common on off-road trucks and adds a tougher look too.

suburban
Car

suburban

The Suburban is a big SUV with lots of space. The host is comparing it to a smaller truck because the Suburban can carry long items more easily.

Yukon XL
Car

Yukon XL

The GMC Yukon XL is a large SUV with extra space (it’s the longer version). They’re talking about a lease deal and how mileage limits can affect the total cost.

2025 GMC Hummer EV
Car

2025 GMC Hummer EV

The 2025 GMC Hummer EV is an electric Hummer, using an EV powertrain instead of a traditional gasoline engine. The hosts compare its lease pricing and incentives against other high-end EVs, and they call out how lease mileage charges can change the real cost.

Term

due at signing

“Due at signing” is the money you have to pay right when you sign the lease. It’s separate from the monthly payment, so it matters when you’re comparing offers.

Porsche Taycan
Car

Porsche Taycan

The Porsche Taycan is Porsche’s electric car. They’re using it as a reference point to say the Hummer EV deal feels like it’s priced in the same league as a luxury EV.

Porsche Panamera
Car

Porsche Panamera

The Porsche Panamera is a luxury sedan from Porsche. They’re using it as another example of “this feels expensive,” like you’d expect from a high-end Porsche.

Term

mileage charge

On a lease, you’re given a mileage allowance. If you drive more than that, the contract charges you extra per mile.

Yukon
Car

Yukon

The GMC Yukon is a big full-size SUV. They’re using it as an example to compare how many miles you’re allowed on a lease and how that affects cost.

GMC Sierra EV
Car

GMC Sierra EV

The GMC Sierra EV is an electric version of the Sierra pickup. They’re talking about a lease price and why lease terms (like mileage limits) can still make it costly.

Kia K4 Turbo GT
Car

Kia K4 Turbo GT

The Kia K4 Turbo GT is a Kia with a turbocharged engine and a sportier trim level. They’re bringing it up as a new-car example and will talk about it next.

Term

tread

Tread is the rough pattern on the outside of the tire. It’s what actually grips the road, especially in rain, and it also affects how long the tire lasts.

Kia
Car

Kia

They’re describing a Kia turbo hatchback. It has a small 1.6-liter engine with a turbo, and it uses an automatic transmission with paddle shifters so you can shift manually.

Term

shooting brake

A shooting brake is a car shape that looks sporty like a coupe but has more space like a wagon. It usually has a sloping roof and a practical rear for cargo.

Term

eight speed automatic

This means the car’s automatic transmission has eight different gear ratios. It helps the car shift smoothly and can improve how responsive it feels.

Term

paddle shifters

Paddle shifters are the little levers on the steering wheel. They let you tell the automatic transmission when to shift, instead of letting it decide everything.

Term

0 to 60

“0 to 60” measures how fast a car goes from standing still to 60 mph. Lower time usually means quicker acceleration.

Ram TRX
Car

Ram TRX

The Ram TRX is a super-powerful pickup truck. It’s meant to be fun both on the street and off-road, not just for hauling.

Car

Ram Rumblebee

The Ram Rumblebee is a performance pickup meant to feel more street-ready than a hardcore off-road truck. It’s described as having huge horsepower and a lowered setup for faster, more aggressive driving.

Term

adjustable suspension

Adjustable suspension lets you change how the truck’s shocks/struts behave, typically to alter ride height and damping. That matters because it can improve both street comfort and performance handling depending on the setting.

Term

extended cab

Extended cab is a pickup layout with extra space behind the front seats, but the rear doors are shorter than on a full four-door truck. It’s meant to fit more people than a basic two-door.

Term

zero to 60

Zero to 60 is a simple test: how fast the car gets from 0 to 60 mph. Faster times usually mean stronger acceleration.

Term

quarter mile

The quarter mile is a drag-race distance. People use the time it takes to cover it to compare how fast cars accelerate in a straight line.

El Camino
Car

El Camino

The El Camino is a classic Chevy that looks like a car but has a truck bed. The host mentions it to compare how fast his setup ran in a drag race.

Term

Nitrous

Nitrous is a system that adds extra power for quick acceleration. It’s commonly used for drag racing because it gives a big boost when you hit it.

Car

SRT-10

The SRT-10 is a special Dodge pickup built for performance, and it’s famous for using a Viper V10 engine. The host is comparing how desirable these trucks are becoming over time.

Term

six-speed manual

A six-speed manual is a gearbox where you shift gears yourself. It usually gives the driver more control over how the car accelerates.

Term

convertible

A convertible is a car with a roof that can open up so you can drive with the sky overhead. The reason people stopped offering them as much is that removing the fixed roof can make the car less stiff and harder to engineer for top performance.

Chevrolet Corvette
Car

Chevrolet Corvette

The Chevrolet Corvette is a well-known American sports car. Here it’s mentioned because it’s one of the few convertibles that still manages to keep the car rigid and strong.

Mazda MX-5
Car

Mazda MX-5

The Mazda MX-5 is a small, fun roadster that’s built to feel light and nimble. In this conversation, it matters because it’s one of the few modern convertibles still available.

Mini Cooper
Car

Mini Cooper

The Mini Cooper is a small, characterful car that’s known for being fun to drive. In this segment, it’s brought up because it’s one of the few current convertibles.

911 GT3 SC
Car

911 GT3 SC

This is a very rare Porsche 911 GT3 variant that’s aimed at enthusiasts who want a convertible experience. The point in the conversation is that it’s extremely expensive and uncommon compared with normal cars.

Term

structural integrity

Structural integrity means how strong and stiff the car’s body is. A convertible can lose some stiffness when the roof is removed, so engineers may need extra bracing to keep the car feeling solid and safe.

Term

hard top

A hard top is a car with a fixed, solid roof. The idea here is that it usually makes the car stronger and less flexible than a convertible, which can improve how it drives.

Term

DTC transmission

DTC transmission likely means a dual-clutch automatic. It shifts gears quickly by preparing the next gear in advance, so the car can feel more responsive.

Mustang Cobra
Car

Mustang Cobra

The Mustang Cobra is a high-performance version of the Ford Mustang. The host is using it as an example of how convertibles used to be more common even on performance models.

Term

DCT

DCT means dual-clutch transmission. It’s an automatic gearbox that shifts very quickly by using two clutches to get the next gear ready ahead of time.

Term

teatops

“Teatops” means T-tops—two removable roof sections that you can take out to let more air in. The hosts are saying they were annoying to remove and store, and later they became a target for theft.

87 Camaro
Car

87 Camaro

A Camaro is a classic American muscle/pony car from Chevrolet. This one is from the late 1980s, and the hosts are talking about the removable roof panels (“T-tops”), which made the car annoying to use day to day.

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