A customer shows off the 2022 Toyota Prius at Longo Toyota on Wednesday, March 23, 2022 in El Monte, California. Media News Group | Orange County Register (via Getty Images) People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget is spent on things like transportation. Source: www.cnbc.com
Land Rover/PRNewsFoto (via AP) Land Rover’s 2013 Range Rover weighs an astonishing 926 pounds less than the 2012 model. Facing government-mandated new car averaging obligations 54.5 mpg by 2025automakers are working on overdrive with the idea that… Source: business.time.com
To ensure you get what you pay for, check for excessive wear beyond the stated mileage, request a vehicle history report, and take your vehicle to a repair shop for inspection. recommend to. Shopping comparison site “Edmunds”. This is a certified used item. … Source: www.cnbc.com
Uwe Krejci | Digital Vision | Getty Images The Inflation Control Act, signed into law by President Joe Biden in August, is the most ambitious climate spending package in U.S. history. The law provided tax incentives to encourage Americans to switch to cleaner cars and trucks, among other measures. Source: www.cnbc.com
Some used cars hold their value better than usual, but if used car prices continue to fall, that value can change. The Jeep Wrangler is the model with the lowest depreciation over the past five years, a new study finds. Use a used car as a trade-in when purchasing a new car… Source: www.cnbc.com
Regardless of the outcome, the United Auto Workers strike threatens to put pressure on already high auto prices. While new car buyers won’t be affected immediately, experts say discounts and incentives are expected to decline in the future. For new cars, the average transaction amount is… Source: www.cnbc.com
Subaru, Volkswagen, General Motors, Mercedes-Benz, Toyota Motor Corporation and Honda Motor Co. are among the automakers that issued recall notices to the National Highway Traffic Safety Administration in November. Fortunately, recall repair costs are borne by the automaker, not the automaker. … Source: www.cnbc.com