“Car Values Are Plummeting!” Doug Demuro Exposes MASSIVE Price Cuts, Deals, & Ripoffs in 2025

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6 • 679 Ratings

🗓️ 5 January 2025

⏱️ 139 minutes

🔗️ Recording | iTunes | RSS

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Summary

Oracle: Cut your cloud bill in half—switch to OCI today https://oracle.com/iced Ramp: Now get $250 when you join Ramp at https://ramp.com/ich Range Rover Sport: Start designing your Range Rover Sport today at https://www.LandRoverUSA.com Subscribe to @DougDeMuro Here! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00:00 - Intro 00:03:46 - Car market changes over last 3 years? 00:05:53 - Future car market predictions 00:12:34 - Sponsor - Oracle 00:13:43 - What happens when EV incentives end? 00:15:57 - On government EV incentives 00:20:22 - Dougs car collection 00:25:14 - Cars currently in demand 00:28:58 - Cars that have lost their appeal 00:33:21 - Sponsor - Ramp 00:34:26 - Best car for the average person 00:35:48 - Low-maintenance cars 00:37:18 - Why no EV convertibles? 00:40:48 - Best time to buy a luxury car 00:43:47 - Why no manuals anymore? 00:46:34 - Must-have car features 00:53:18 - Best tech in cars 00:57:24 - Why self-driving tech is problematic 00:58:44 - How to make money with cars 01:01:25 - Sponsor - Range Rover 01:02:25 - Cars as investments 01:05:19 - Best investment vehicles 01:19:02 - Financing insights from Cars and Bids 01:29:26 - Doug’s overhead costs 01:33:19 - Car owner stereotypes 01:36:26 - Experience as CEO of Cars & Bids 01:40:08 - How C&B has changed since partnership 01:45:17 - Does Cars & Bids reject listings? 01:50:55 - Running a business with kids 01:52:11 - Balancing business and family 02:01:02 - Biggest insecurity 02:08:09 - Doug’s favorite books 02:09:13 - Doug’s interests outside of cars 02:11:05 - Favorite travel destinations *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The new five-pound meal deal from McDonald's.
0:02.0	Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what?
0:08.0	That's right, five pounds!
0:10.0	It's not called the five-pound meal deal for nothing.
0:13.0	From 11 AM, not available on delivery. Carbidated soft drink upgrade fees apply.
0:18.0	Participating restaurants, subject's availability.
0:20.0	I often think about this.
0:21.1	If I was just somebody who didn't care about cars, what a great burden that would be lifted off of me.
0:25.3	This, this, this, this, this.
0:29.0	I drive around and I'm like, I see Priuses and I'm like, I wish I could just have that.
0:34.3	Handling is just next level precise.
0:37.1	Your website is the website I check every single day.
0:39.3	It's always cool stuff.
0:40.3	This F430 Spider is currently for sale, and it's being auctioned live on cars and bids.
0:48.3	Do you have any predictions then for the future of the car market?
0:51.3	A lot of car enthusiasts are angry now.
0:52.3	Like, I can't make money on my cars. It's like, well, that's the normal state the car market. A lot of car enthusiasts are angry now. Like, I can't make money on my cars.
0:54.3	It's like, well, that's the normal state of the market for 60 years. So for people who want to make
1:00.2	money on cars, what are you seeing these days for investment-grade vehicles? End of 21 was the
1:05.2	absolute peak of the craziness. They are very rich, and you are very poor. I think the only way right now to truly make money on a lot of these cars is...
1:14.6	Doug DeMiro, thank you so much for coming on the iced coffee hour podcast.
1:25.1	This is incredible.
	...

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