New Electric Vehicle Sales Are Slowing, But Used Car Sales Are Increasing
CNN — While sales of new electric vehicles are starting to slow, the opposite is happening with used electric vehicles. A combination of factors… Source: amp.cnn.com
CNN — While sales of new electric vehicles are starting to slow, the opposite is happening with used electric vehicles. A combination of factors… Source: amp.cnn.com
The American automobile industry has undergone several transformations over time. From the tailfins of the ’50s to the rambunctious muscle cars of the ’60s to the elongated land boats of his ’70s, domestic automobiles changed in each of his decades. Related: 10 Best American Cars That Define… Source: www.hotcars.com
The United States is a diverse and multifaceted country with a wide range of experiences and perspectives, but there are definitely some things that are more American than others. A perfect example is the proverbial American Dream, the Super Bowl; muscle car. These high-performance cars… Source: www.hotcars.com
In a world where a “cheap” new sports car can cost at least $50,000, driving a cool and fun sports car may seem impossible for most buyers. And that’s not to mention the insane depreciation on new car purchases. Sure, you could buy a used supercar that’s cheaper to maintain, but then… Source: www.hotcars.com
Investing in a car that’s a soon-to-be classic, or one that will someday be a classic, is a smart investment. There’s just one problem. There is no guarantee that the car will be a classic or worth as much as predicted. In many ways, this is a venture comparable to the lottery or stock trading. no… Source: www.hotcars.com
Rivian is one of the few EV manufacturers (or automakers in general) that has avoided lowering prices. This trend is likely to continue. According to his CEO at Rivian, RJ Scaringe, new orders are increasing average selling prices (ASPs) for vehicles. The day after Rivian… Source: electrek.co