Tesla’s Used Car Prices Are Plummeting, But Doug DeMuro Says Elon Musk Isn’t The Main Blame

Used Tesla car prices are “down like a stone,” and one of social media’s most popular car critics has a theory about why. But that’s not what everyone assumes. Doug DeMuro has test driven just about every four-wheeler you can find on U.S. roads, and many that you can’t really find. Source: fortune.com

Currently, Only One New Car Is Sold In The U.S. For Less Than $20,000.

Just five years ago, price-conscious car buyers in the United States could choose from more than a dozen new small cars priced under $20,000. Now, he’s the only one left. This is Mitsubishi Mirage. And it looks like Mirage is heading to the scrapyard as well. At a time when Americans increasingly want… Source: www.cbsnews.com

This Week’s Car Purchase: Nissan Is Betting That Renters Will Turn Into Buyers. Cadillac Strengthens Its SUV Lineup. What’s Hot And What’s Not?Lenders Under Pressure

Nissan is partnering with Enterprise CarShare on 90 college campuses to convert renters into buyers. Through this partnership, the school will use Nissan vehicles exclusively for Enterprise His Car Share, and all Nissan vehicles will be available to users on campus at his $5 per hour driving rate. Source: www.kbb.com

Kia EV9 Named 2024 World Car Of The Year

The Kia EV9 is an all-electric three-row SUV with a distinctive angular appearance and has been named the 2024 World Car of the Year. His jury of 98 journalists from 30 countries awards this award. EV9 pricing starts at $56,395 (including $1,495 mandatory shipping fee). All-electric range is up to 304 miles and rear-wheel drive or all-wheel drive is offered. Read More

New Research Reveals The Cheapest Areas To Buy A Used Car In The US – Is It Worth The Trip?

Red Moonrise / iStock.com They may not realize it, but people in Burlington (Vermont), Norfolk (Virginia), Nashville (Tennessee), St. Louis (Missouri), and Milwaukee (Wisconsin) have something in common. They all live within about 760 miles of Cleveland. Ohio. That means you’re within range… Source: finance.yahoo.com