derek chatwin

[derek chatwin @dchat10]

@hicasamadim 72

[Jared Nackos @Jared_Nackos]

@MSBL_National Update: Congratulations to the 2025 Utah AABL 45+Spring Champion Utah Ducks who took down hall of famer Randy Miles' Undefeated Utah Pirates in the Spring Championship Game 8-0 The team is led by coach Brandon Snow
@Brandon71533180 @dchat10 threw a CG, 5 hit Game for the win

[derek chatwin @dchat10]

@elonmusk @grok where did senator karen get $67 million? @elonmusk

[derek chatwin @dchat10]

@elonmusk @elonmusk how do you reduce government spending and waste?

[Car Dealership Guy @GuyDealership]

Car shoppers: Here's the best 0% APR deals for August

[derek chatwin @dchat10]

@VivekGRamaswamy Except for CNN, they are all over the Biden support. 🤷‍♂️

[derek chatwin @dchat10]

@Jared_Nackos I love you

[Science girl @sciencegirl]

A beehive with a view

Wait for it

[The Money Cruncher, CPA @money_cruncher]

I went through 256 pages of Biden's new tax proposal.

Here is all you need to know:

[TheGhostofPortlandUte @UteBeliever]

Yeah, I think Utah Jets should at least be a consideration. The franchise was once named the Jets when it was in Winnepeg and Utah has a long history and pride in Hill Air Force base and their fighting wings.

Utah Jets.

[Car Dealership Guy @GuyDealership]

Prediction:

Vehicle leasing will make a roaring come back in the next 18 months.

I'll even take it a step further.

Vehicle lease penetration will reach all-time highs in the coming years.

And here's why -

The numbers on traditional vehicle financing just don't make sense for most Americans.

As I like to say:

We've eclipsed the "vehicle affordability hurdle" for most consumers.

Basically, this means that saving 10-25% on a vehicle's monthly payment by leasing instead of buying outright is no longer a 'want'—it's a 'need' for most people.

Just look at the data:

In Q1, the share of new vehicle shoppers opting for $1,000+ monthly payments was 17.3%—the fourth consecutive quarter above 17%...

That's a $1,000+ monthly payment before insurance—an extremely heavy lift for the *majority* of consumers.

And while lease payments *have* risen in the past couple of years as well...

Leasing is still a less expensive option compared to traditional financing.

So how did we get here? A combination of many things, but to list a few:

1) Automakers focused on bigger / well-equipped vehicles (which are more expensive)

2) Higher interest rates have driven up monthly payments

3) Low supply of vehicles has driven up prices

And more...

There's no easy way to put the genie back in the bottle, but here's my takeaway:

— Four years ago, leasing was an attractive option for transportation that allowed most consumers to commit to a lower monthly payment.

— Today, with vehicle prices declining *but* still hovering near all-time highs, leasing is a much-needed, incrementally important necessity for consumers and society.

Love it or hate it... It's reality.

(Data via Edmunds, Experian #edmundspartner #experianpartner)

[Car Dealership Guy @GuyDealership]

Here’s what auto insiders are talking about…

3 potential black swan events for the car market:

1) Used car leasing cliff

We under-produced 10M+ vehicles since 2020. That meant we had fewer vehicles to sell. And that means that fewer used cars are making their way back into the secondary market.

Potential impact on market:

Rising used car prices (again) due to fewer used vehicles available.

2) Underwater auto loans

Since 2020, consumers have paid record high prices for vehicles. Now prices are dropping, leaving many “underwater” on their loans. Basically, people owe more on their loans than their vehicles are worth.

Potential impact on market:

Rise in vehicle repossessions and insurance fraud (as consumers can’t trade their way out of their vehicles without significant amounts of money down)

3) Electric vehicles don’t sell (even after steep discounts)

Electric vehicle prices are down, but they may not be down enough. With prices slashed as much as 50% in some cases, EVs are by far the best “deal” in the market. But inventory days’ supply is still high. If sales don’t rebound even after such steep discounts, most car manufacturers (and dealers) will deal with even bigger losses.

—

What’d I miss?

[Car Dealership Guy @GuyDealership]

Falling car prices have (yet again) led to weird behavior in the car world:

1) Smart dealers are taking the medicine and accepting lowering prices.

More importantly, they’re laser-focused on inventory management and maintaining a quick turn-time.

2) Foolish dealers are playing wait-and-see. They’re waiting for a miracle that won’t arrive.

3) Dumb dealers are removing online prices completely.

Be a smart dealer.

[Andy Larsen @andyblarsen]

One of the best photos of the season

[derek chatwin @dchat10]

@endlessxnothing @fox13 Bad take. Be better

[derek chatwin @dchat10]

🙏🏼 @rudygobert27 @Money23Green please do a celebrity boxing match. I would pay the PPV

[CantGuardBook @CGBBURNER]

@TheDunkCentral LMFAOOO https://t.co/wLVMg0Vgx0

[derek chatwin @dchat10]

@HoopMixOnly

[Car Dealership Guy @GuyDealership]

Who will suffer the most from extended auto worker strikes?

Insightful chart showing inventory availability for each car manufacturer:

- GM is under most pressure to 'strike' a deal
- Stellantis has the most breathing room.
- Ford is... being Ford.

(chart from @HaigPartners)