You Wont Believe What They are Selling

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Summary

➡ A large number of people are facing financial issues with their cars, owing more than their vehicles are worth. This problem, known as being “upside down” in a car, affects 31% of all cars and 39% of new cars from 2022. Additionally, there’s a growing issue with cars being sold that have suffered water damage, often from floods or hurricanes. It’s important to be cautious when buying a car, checking for signs of damage and avoiding long-term financing that could lead to negative equity.
➡ The text discusses the high costs of maintaining luxury cars and the benefits of choosing more affordable options with inclusive service packages. It also warns about the potential dangers of electric cars and the importance of understanding their maintenance. The text further highlights the trend of Gen Zers leaving California due to high taxes and social issues, and their increasing interest in trade schools over college. Lastly, it promotes a product called Native Path for pain relief and an uncensored channel called ‘I Allegedly Live’ for discussing various topics.
➡ Nike is struggling with sales and will soon have a new CEO to handle this issue. ABC News is laying off 75 employees, and Disney is also facing challenges. Seven Up is introducing a new Shirley Temple flavor. The video ends with a thank you to viewers and contributors.

Transcript

Hey it’s Dan, welcome back. This is I alleged Lee and I’ve got a good one for you today because so many people with their cars are upside down and even underwater. So a lot to cover today. As always guys hit the like buttons, make sure you’re subscribed to the channel. You can email me at hello at I alleged Lee calm and today we have a sponsor native path and I’ll talk about them in a bit but as the economy has gotten worse one thing that has happened is that so many people have realized that they are upside down in their automobiles and they have negative equity.

They owe more than what the car is worth and the problem with this is that this is just not something that oh it’s a few people it’s a few thousand no it’s a huge percentage of people. Right now think about this people driving down the road right now when you look at these people 31% of all those cars are considered upside down. So that’s every car driving down this doesn’t matter where you live it’s just the average car. Now here’s the staggering figure cars that are from 2022 and newer so new cars guys new cars it’s almost 40% it’s 39% of those cars have negative negative equity and are upside down.

Now the problem with this is that this creates a problem and from a guy that’s selling a couple cars right now the thing that you find out is that you can’t get today what you could get a couple years ago that’s just not there. People don’t have the money the wholesalers are not paying a realistic price for it and people are having the car stuck in a lot longer than they did before. Now that doesn’t mean that there’s not deals out there looking for a deal this is a financial channel guys we talked about getting a good deal out there and you need to do that you need to do your research and and get the car not just walk into a car it’s funny my brother and his wife have been looking for two specific cars one car for a relative for them and one car for them and since June 1st that was the day that they started still have not found the car yet and they look every day and he called me the other day and said can you please drive to Riverside and look for this car and I said wow okay well that’s guys it’s like 40 miles from me it’s not a big deal and I’d do it for my brother but the point was was that it was you know make sure the car is available don’t you know just let’s let’s go check it out car was sold by the time he’s tried to set the appointment up what you’re seeing also is this think about these figures that I’m gonna give you and I was blown away I want to thank Dave and David for both sending me all this stuff because two subscribers that always contribute cool stuff first things first before the latest hurricane there were 89,000 cars that were upside down that had water damage okay that’s horrible guys cars that were considered flooded cars that were considered destroyed now here’s the thing about this when you go look for a car people sit there and go oh does it smell bad does it smell like it’s been sitting in a lake you know with fish swimming through it yeah that’s one way of looking at things but guys there are all these telltale signs and this is such a rampant problem right now when it comes to buying cars that Carfax even has a free site that you can use where you can check to see if the car has been a victim of water damage or not how about that so that link is below too so you can check the VIN number and see if it’s been sitting there because there are unscrupulous people in every industry let’s face it when the car industry you’re not supposed to sell a car that has been floating in a lake or was flooded because of a hurricane now when you add Hurricane Helene into the mix Wow guys think of the car think of the thousands of cars that are destroyed right now that people are gonna have to get rid of now the insurance company gonna pay some of these people off and some of them are gonna get damaged them but if they have water damage on a car you think that they just throw the car away and they piece it out no somebody wholesales that thing out buys it for a couple thousand dollars and then and then sells it again to some poor sap and but most likely what they do if they had any sense is that they would ship it to a state and try not to get caught for doing doing that but that’s the problem guys is that it’s unbelievable I spoke to a woman that worked for a bank and she said oh damn the stuff we would see and she told me these stories driving here today water damage was one thing and flood fire fire sprinklers going off over a car and destroying the car but the car is you know a year and a half old so you don’t know that but you have to look at things like the door panels is there rust underneath the car now I live in a state where we don’t have car rust it’s not you know we don’t have snow in the ground there’s not salt we don’t deal with any of that stuff but you have to look at this you have to look at all these things look at the headlights which I’m thinking so many people have damaged headlights so that could be a sign the car was sitting there floating underwater and you have to look at these things and be more careful when you buy these cars one rule of thumb that I’ve always had with buying a car was finance if you have to finance it finance it for 36 months 36 three years now people sit there and go oh man that’s not very long at all I want to put nothing down that’s the thing Carmack’s I’m telling you 29 percent interest rate that they’re charging people and people are putting what’s the least amount I could put down well okay wow that payments really high well what can you do I can do seven I can do eight years in the financing now okay the cars worth nothing guys and there was another article that my brother sent me that was insane where some guy had a GMC car and the negative equity on the car meaning the car owed $60,000 in the car and the car wholesale out at 33,000 the lot the dealer that looked at the car said listen here’s what you should do just rent the car out go to Toro Toro is a car rental place kind of like Airbnb you know it’s one of those type of services but you do it for your car I’ve had people that have rented cars with this service before but guys how do you treat a rental car seriously plus you’ve got a car that you’re financing for God knows how long that’s upside down over 30 grand in equity and 65 it was $32,000 in negative equity that guy had so with that what are you gonna do seriously you’re gonna rent it out let some some schmuck rent your car I mean this is where people don’t get it you know the the Airbnb debacle how this is such a great thing to do so many people are upside down in airbnbs and so many people are having difficulty with this that it’s not working but you’re sure you should go rent out a car with negative equity this is the end of your your financial collapse starts today that’s all I got to say I am telling you from a guy who has done this not never 30 grand on a car but 5,000 oh yeah packed that into that car and eventually one day had enough money paid the car off and everybody’s fantasy land is that oh I’m gonna make so much money this year I’m gonna completely turn my life around and this is not going to be an issue okay how about last year the year before the year before that now you throw into the economy you throw in the port strike you throw in the turmoil with the election the Middle East you throw in you know hurricane Helene and you haven’t seen anything yet guys haven’t seen anything yet but again warning after warning after warning that you’ve been given that the economy is not doing well and you can ignore that but this negative equity in the car and all these people owing all this money I mean it is crazy more people have payments that are above five years sixty months so what’s that seven years eight years I mean come on guys people go out and buy very expensive cars McLaren’s and Ferraris and Porsches and you know even Corvettes stuff like that that they spend hundreds of thousands of dollars in these cars and then finally then it really can’t afford the car can’t afford service can’t afford anything there is a joke that my friend sent me about the repair in his BMW and that is just how it is you know it’s brutal for that way I can’t even share that the meme because it’s so graphic and dirty and awful when it comes to getting your car work done I I bought a Land Rover once from my brother-in-law and my brother-in-law was the most anal human being in the planet and what what I did was my sister drove the car and I’m thinking well this guy changed the oil every 3,000 miles and he was just such a nut when it came to it so I have to worry about it that wasn’t the problem that I was right about that I got a great deal in the car problem was when I took the car for service I went to the dealership oh my god that was horrific guys horrific and people don’t look sit there and look at it you know just sit there and do how this should just be a minor tune-up and oil change hey your brake pads are bad you know it’s sixteen hundred and thirty two dollars huh huh okay so remember this yeah high-end cars the woman that called about working at the bank she bought a Toyota and she says tell them about my my package to get the car work done she hemmed and hawed and buying a car and totally could afford it with Toyota Corolla she bought and how about if we gave you unlimited service what does that mean well it’s unlimited service we will fix everything for you with your car payment or not I can’t afford that gets up in the car was literally going where are my keys get into the car we’re gonna throw that in what if we threw that in so that service package was thrown in and she bought the car and recently she had the car worked on and she drove over there dropped the car off and they ubered her home and then ubered her back to the dealership once the car was done at the end of the day that’s the way you do it guys let me know about this let me know what you think very very overcast out here this morning let’s talk about our sponsor native path you know so many of us as we get older suffer from pain and what we do is we generally take ibuprofen but this only masks the problems it’s a temporary fix but think about this heart disease kidney failure blood clots those are all on the warning label for an ibuprofen bottle it’s downright dangerous for seniors to even take this the older we get you need to stay away from that what you can do is you can get native path which is filled with omega-3 fatty acids it comes from naturally caught krill and it makes a huge difference it doesn’t mask the problem it’s a solution for you if you go to get native path.com forward slash Dan you can check it out and you can save big it’s very inexpensive use the link below native path it works so many people have ordered it but again guys you don’t want to take a temporary fix you want to get rid of the pain the older we get things become more debilitating get native path today check it out so many of you have ordered it get native path.com forward slash Dan you you more car things that I find interesting you know first thing salt water and the lithium batteries that are in your EV cars do not mix and they can create a fire and an electrical hazard here is the thing about this if you have an electrical spark and you have let’s just say an underwater garage that gets filled with water you could the lights could go a lot of things could happen to where you could have you know electrical shock hazard and people need to be safe but the thing that’s fascinating about this let’s get a kick of these old guys that swim so it’s fascinating about that is that you know we haven’t seen what the wear and tear is on an electrical car with getting wet like this are they gonna last now here’s the other thing was talking about free service before there’s an article below about this Ford is going to install your car charger now here is the thing there were all these questions now unless you’re an electrician or your brother-in-law’s an electrician or you know electrical work seriously what kind of charges you need oh I need 110 for mine I just plug it in really that’s it well there’s all these different things you have to know to get an electrical car and the amperage and the uses and that all these different codes and figures and stuff that I was blown away by Ford if you are you know stupid enough to buy one of those electric cars they will install the EV car charger for you at your home now again that sounds great what if you rent the house oh yeah don’t worry I just just tap into the purple okay you’re gonna get people they’re gonna do stuff like that now one thing I want to I just blew over earlier in this video and I want to bring this up car facts is a great service if you buy any car you should get a car faster what are they $30 damn yeah okay well was the car in an accident the stuff like again the stuff this woman told me this morning in just our brief conversation about how people lied and people misrepresented the state of a car happens all the time but car facts has a free site that you can use to check to see if it’s water damage check this out guys just put your information in there but it gave all these different things that you should do and look for for the telltale signs of water damage which again I’m very lucky because I have a friend who is a really good car guy and he is just I mean he loves to get deals for himself he loves to get deals for people and he loves the challenge of that that’s the guy you want doing that so the other thing is people leaving California Gen Z ears are leaving California at a complete record pace right now and they’re sick of it sick of you know all the ridiculous laws sick of the crime sick of the homelessness sick of everything that’s wrong with it and the taxation here’s the one thing a great day in my son’s life was hey man this taxes thing what can I do about that they took out you took out seven hundred dollars on my paycheck this week isn’t that great nothing like being single and claiming zero sign oh my god this is terrible this has got to be stopped he can’t stop it yeah gonna pay it forever pay it forever brother so the other thing that I was really proud of is that I have a friend of mine Chris who’s a brilliant guy and Chris is a multi-millionaire and Chris owns a nice big house in Louisiana with a huge lake and he’s just doing really well got a great wife everything’s cool Chris in high school realized that his father could not afford college and he wasn’t going to college look at this guy swimming out here what are you doing for exercise are you swimming like this I’m walking on the sand tripping over the sand this guy’s swimming miles in the morning anyways Chris decided what can I do that would make the most amount of money with my hands and that was to become a welder now what you’re seeing is more people that are Gen Zers that are becoming plumbers and skipping college and going to trade school which is what you should do and again the one thing my father did that was brilliant that I never understood is as a child as a kid in junior high school you’re gonna work for us you’re gonna be building room additions this summer and pouring concrete and learning all this stuff huh okay okay it was the best thing ever for me because I can fix my own car I can build things I can have hot women say can you come over and paint my house yeah watch quick let’s make me dinner anyways I digress you know what I mean so anyways good thing a lot of people are doing this school sucks remember that it’s too expensive okay maybe that’s what I’ll pile this video something else just a few things to finish this video with guys we have an uncensored channel called I allegedly live and I love this because it’s all the stuff that we can’t talk about here and I’ve got some videos some cool stuff to share with you we can talk about politics we can talk about things that have happened in the past and we can get into it you know it’s very very cool check it out at I allegedly TV or use the link below to sign up for it but check it out today now I’m gonna finish this video with these last few stories and certain companies are not doing well right now Nike sales are off a ton right now and they’re gonna have a new CEO in the next few weeks and he’s got a deal with this sales slump here is the problem guys we’ve talked about this over and over and over again do you want a sweatshirt okay like this that would cost 25 30 bucks or do you want to go buy a Nike one with little swoosh on it that’s a hundred only think Dan no one really notices the swoosh when you wear it oh okay you know what I mean there’s that ABC News good riddance to them is firing 75 staffers bye see ya okay couldn’t happen to a nicer group of people the Disney group is having a difficult time right now isn’t that nice and the final final story which I’m like wow this is really a thing seven up is going to issue a new flavor which was the last time you saw seven up in the store let’s go get a seven up my mom used to make me drink it when I had a tummy ache anyways seven up is now going to have Shirley Temple flavored seven up so double the sugar double the maybe they can sponsor here like Shirley temples come die allegedly anyways don’t forget to like subscribe take a look at our sponsors it’s a minute out of your life every day anyways onward and upward guys I will see you guys very soon you can always send me stories and thank you to dr.

Marvin David Dave and everybody that sent me stuff today because it was all good and Debbie for her contribution okay I’ll see you soon
[tr:trw].

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affordable cars with service packages dangers of electric cars electric car maintenance financial issues with cars Gen Z interest in trade schools Gen Z leaving California high taxes in California long-term car financing maintaining luxury cars Native negative equity in cars new cars from 2022 signs of car damage upside down in a car water damage in cars

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