The Drive with Alan Taylor

The Bold, Volvo XC40 and The Beautiful, Genesis GV80 Luxury Crossover SUV, along with Ford’s New Bronco | #474


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Welcome Back! This week Alan starts his show with BJ Killeen Automotive Journalist and Voice of Reason. They jump right onto the topic of used car prices being at an all time high. Due to the chip shortage, dealerships can’t fill the lots with new inventory. BJ shares for example that it takes an average of 1100 chips per F150. Wow! Volvo and Toyota have cut production by 60% because of this shortage.  BJ Killeen got to ride in a Ford F150 Lightning. She says it’s beyond amazing. 775 pounds of torque. It’s mind blowing how fast this vehicle is off the line! Ford went from 40,000 models to 80,000 to keep up with the demand. This truck can power your house from its “Frunk”.  Alan throws a curveball and says he wants to see a 500-mile range electric vehicle. BJ says there is a trickledown effect to having an electric vehicle. There is a whole infrastructure that goes along with it. Alan says RV sales are through the roof, and campsites are booked for months out. BJ and Alan talk about the new Genesis GV60 Electric SUV.  Alan shares he was picked up in a Genesis GV80 and thought it was a Cadillac. Shifting gears, Alan welcomes Brian Moody – Executive Editor for Autotrader.com. Alan and Brian talk about current average used car market and prices that will blow your mind. People are paying 5 to 17% over the sticker price depending on what vehicle they are looking for. The highest is the luxury cars like the Mercedes Benz G Wagon at 17% to Kia’s Telluride or the Carnival @ 8%, and the list goes on from Hyundai Palisade, Honda Ridgeline, Land Rover Defender, to the Cadillac Escalade.  Alan says the dealerships have a wide array of used cars on their lots and very little of new. Brian say’s the used car list price over $25,101. First time in history, says Alan. Alan has a friend who has a 2008 Cadillac Escalade EST in mint condition with only 89K miles and wanted to know how much he should ask for it. Book says $16k, Alan says, “absolutely not” more like $26k. Brian says dealerships usually have “60 day supplies” which means they have enough stock to sell for 60 days without receiving new stock. Now everyone wants a used car so the “day supplies” are a lot shorter. Even for cars like the Kia Carnival, Kia Telluride, and Hyundai Palisade, these are ones you would never go out to buy over MSRP price but now you are. Brian shares that Volvo says if you buy one of their electric vehicles, specifically the SUVs like a Volvo XC40 they will give you free charging. Well free for a limited time that is. They are partnering with Electrify America which is owned by Volkswagen. They are joining forces to have people buy their electric vehicles. Alan brings up a point about the availability of charging stations/refueling stations and how long it takes to refuel with gas vs charging your vehicle for 5 to 8 hours. Brian says it’s the Achilles heel to electric vehicles. Tesla has equipped their charging stations with a “supercharger” that will take about 15 mins for about an 80% recharge. Brian says hydrogen engines are the way to go and will be the solution to this situation to where it will take about 5 mins to refuel. Drifting in next with Alan is Chris Bright – Co-Founder of CollectorPartExchange.com. Alan brings up Pebble Beach and how much fun he had. He talks about the exotic cars that were there. It made him think about the “collector car” parts which brings him to his next guest Chris says he got started in this business because of his Porsche 928 and the search for parts. He now drives a 1974 Alfa Romeo Giulia Super. Chris goes on to say that If you have collectors car, use them on a daily basis, he says. Alan shares his story of how he became a car enthusiast. He said he bought a wrecking yard for 5k at the age of 24. Alan says it changed his life. It helped him learn how to do business and become an entrepreneur....
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