CarEdge Live

Daily news you can use from YAA.

Today, Ray and Zach share stories from YAA Community members who have seen their used cars appreciate in value A LOT. Toyota slashes their global production by 15%, and Ford is offering some highly questionable financing options for Maverick buyers.

Daily news you can use from YAA.

Today, Ray and Zach share data on Toyota's sales lead over GM, and the expectation that they'll beat them in sales again next year. Ford is making it easier to qualify for 84 month loans. The average new car price has topped $45,000, and Hyundai and GM have chip shortage updates. It's sure to be a fun one!

Daily news you can use from YAA.

Today Ray, and Zach dive deep into the latest data coming out of the used and new car market. Wholesale and retail used car prices have increased to their highest level yet in 2021. New car inventories have reached their lowest levels so far for 2021 as well. Subaru is especially feeling the pain with their days supply of inventory reaching 5 units nationally.

Daily news you can use from YAA

Automakers and car dealers are saving tons of money by marketing less due to the high demand caused by the chip shortages. Will dealer incentives become a thing of the past?

Daily news you can use from YAA.

Today, Ray and Zach discuss the weekend of flight cancellations at Southwest Airlines, BMW taking a commanding lead in front of Mercedes, the end of incentives, and a Kia dealership in New Jersey with some incredible inventory.

Welcome to the Daily News You Can Use from YAA!

Today, Ray and Zach dive deep on the chip shortage, the Ford Maverick, and lithium prices.

Today Zach interviews Joel Milne, CEO of RepairSmith. Zach and Joel discuss the automotive repair industry, how RepairSmith helps their customers, and more.

Listen to all Auto Insider podcast episodes here: https://yourautoadvocate.com/topics/podcast/

Joel Milne 

Joel is a serial technology entrepreneur, with a love for building consumer-facing products. Joel previously co/founded four venture-backed technology startups and brings a lifetime of experience building and operating technology companies to RepairSmith.

As a technical founder, Joel has served as CEO, COO, and CTO for his previous companies, having raised over $100M in venture financing and scaled multiple businesses nationally.

Joel began programming at age 10, started college at 16, and founded his first technology company upon graduating at 21. He holds a bachelor’s degree in engineering from Queen’s University and an MBA with distinction from Harvard Business School.

Joel is a member of the Forbes Business Council and named Executive Hero of the Year for Effective Leadership During COVID-19 by the Consumer World Awards. He is also an angel investor, advisor to numerous startups and active in the Southern California startup community. Joel has been featured on Forbes, Fox Los Angeles, ABC Los Angeles, CBS Los Angeles, KIIS-FM, and more. Joel is passionate about the NBA champion Raptors and super convenient car repair. 

Today Ray and Zach do a deep dive into extended warranties. Many people are unaware that extended warranties on cars are typically not extended warranties. What do I mean? They're actually vehicle service contracts. What's the difference? Tune in to find out!

Access the Market Price Report now for FREE: https://app.yourautoadvocate.com/

Today Ray and Zach discuss the three key ingredients you need to have in order to negotiate the best possible car deal. Ray goes in depth on each, and provides examples for how they work and why it is so important you have them.

Access the Market Price Report now: https://app.yourautoadvocate.com/

Today Ray and Zach Shefska discuss how much you should spend when buying a car, truck, or SUV. Ray explains the 10% rule, where you take 10% of your gross income, and allocate that as your maximum total vehicle payment (including insurance, gas, etc.)

Read the original guide, or watch the YouTube video here: https://yourautoadvocate.com/guides/how-much-should-i-spend-on-a-car/