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IT STARTED: The Car Market Is Collapsing

2023-12-22 Education
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Andrei Jikh
Andrei Jikh
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IT STARTED: The Car Market Is Collapsing ► How I went from Zero To A Million: https://www.zerotoamillion.com ► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP ► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402 ► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646 ► Follow Me On Instagram: https://www.instagram.com/andreijikh/ ► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0 My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households#:~:text=Workers%20have%20capitalized%20on%20the,percent%20between%202019%20and%202023 https://www.epi.org/nominal-wage-tracker/ https://www.marketplace.org/2023/10/20/here-is-how-much-more-everything-costs-since-the-pandemic-began/ https://www.nerdwallet.com/article/insurance/how-much-is-car-insurance https://caredge.com/guides/used-car-price-trends-for-2023 *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

Top Comments (10)

@carquestionsanswered 2023-12-22

I love that you are starting to hit the car market more often!

367 3 replies
@AndreiJikh 2023-12-22

It was a wide angle lens - or maybe I just discovered the internet... Either way, have an awesome rest of the year, happy holidays!

229 14 replies
@JD.......... 2023-12-23

You can genuinely set yourself apart from the rest of your community by speaking with experts in the field like you have done w cars.

150 2 replies
@danspencer4235 2023-12-23

The car you can actually afford is the one you can buy for cash.

84 13 replies
@JustAnotherPersonHere 2023-12-23

I really appreciate the data and insight your guest brings to your show; thank you!

67
@autobotdiva9268 2023-12-23

paying $40k for a basic honda accord is INSANITY

62 9 replies
@onthebeach8211 2023-12-22

So I've been working some low voltage for my buddy. There's a plumber apprentice with a 2-3 year old mustang and I was like man one day you'll have a family and expensive house payment. He said my house payment is 1400 i'm missing the payment. That was yesterday when I realized someone making 17$ an hour has financed a car with 900 dollar payment or more. I immediately realized it's time to short the auto market

43 5 replies
@corail53 2023-12-27

It's normalizing not collapsing. The last three years were an anomaly in which prices spiked higher than ever before. They will still be too high even after going back to pre-covid levels.

35
@masterwatch 2023-12-23

this car guy is great. When a company plays the audience and jacks up the price, they will inevitably suffer a year later.

26
@nicolasramirez3944 2023-12-22

Started looking at cars recently, been waiting for two years

15 1 replies

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