High Prices Drive Americans Towards Smaller Cars
Faced with rising costs, more new car buyers are opting for smaller, more economical models … Source: Car Scoops
Faced with rising costs, more new car buyers are opting for smaller, more economical models … Source: Car Scoops
Prices for new cars have been on a roller coaster ride in recent years, but they were almost flat from August to September. It doesn't seem stable for long. Evaluate affordability by time. Most Americans can't afford to buy a new car with cash. Instead, we borrow money to buy a car and work to pay off the loan. So Read More
Car success stories like the Kia Telluride are rare. When Kia introduced the Terry in 2019, Americans already had a number of three-row midsize SUVs to choose from. However, many quickly decided that the new model was the best option, even in a very crowded room. Telluride has won Best Buy awards in its class every year. Photo and Credits: Read More
While some automakers are moving away from sedans, Hyundai will continue to offer a full lineup of Elantra compact four-door options into 2025. The Elantra will be sold as a basic, well-equipped commuter car, a fuel-efficient Elantra Hybrid and a high-performance Elantra N truck toy. Hyundai has made some changes to its pricing. Photo and Credits: This article appeared at Read More
Acura Prices the Lightly Updated 2025 RDX SUV | The Truth About Cars
This Pure variant comes with a smaller 69kWh battery pack compared to the 78kWh unit available in the P8 trim. With the motor eliminated, power output has also dropped from 401bhp and 660Nm to 236bhp and 420Nm. As a result, the 0-100kmph time has improved from 4.9 seconds to 7.3 seconds… Source: www.carwale.com
Predicting classic cars is a risky game. After all, we are dealing with an asset that will depreciate over time. But at what point does a car’s value stop being driven by the second-hand car market and start to rise to collectible levels? And which model should be yours… Source: autowise.com
Key Takeaways Used car prices have increased 48% since 2019, with popular models like the RAM 1500 and Toyota Corolla seeing increases of more than 50%. Interest rates on used car loans have also increased by more than 50% over the past two years, increasing the financial burden on auto loan holders. Source: www.hotcars.com
A series of aggressive price cuts caused the value of used Teslas to fall 28.9%.
Used Tesla Model Y inventory on Tesla’s website. Credit: Tesla Prices continue to fall while sales of used Tesla Model Ys are surging. “Now is a good time to buy a new or used EV as inventory is increasing and prices are falling,” Rebecca Lindland, senior director of industry data and insights at CarsCommerce, said in an email. Prices for Read More