Ford has reduced the price of the Bronco Sport by about $2,000 on some trims. Price cuts for the 2024 Ford Bronco Sport will bring the SUV’s base price below $30,000, according to a bulletin sent to dealers. Based on our analysis, the 2024 Bronco Sport’s price drop could push the model’s price even higher. Source: Cars Direct
With new competition emerging in the form of the Chevrolet Silverado EV, Ford decided now was a good time to make the F-150 Lightning more affordable. The price of the 2024 Ford Lightning will be reduced, according to a bulletin sent to dealers by the American automaker. Source: Cars Direct
ibensTim Alversen, CEO of the largest multi-brand leasing company, said he has already received checks in recent weeks to help offset the weak prices. Leasing companies are demanding concessions from EV manufacturers, including buyback agreements. Source: fortune.com
When Polestar originally announced its all-electric 3 SUV in October 2022, the automaker claimed the EV would start at $83,900. This is not an unusual number for his three-row luxury SUV with an all-electric powertrain. Well, Polestar has changed course on his 3 SUVs and announced the following… Source: Cars Direct
The latest version of Ford’s all-electric Mach-E is now significantly cheaper. The price of the 2024 Ford Mustang His Mach-E has been reduced by up to $6,000, according to a bulletin sent to dealers today. The move comes about a month after the brand lowered the price of its older model and… Source: Cars Direct
When we learned that the new 2025 Mazda CX-70 costs less than the three-row CX-90, we scratched our heads. His $2,600 price difference between his two nearly identical midsize SUVs was confusing, especially since his CX-90 has an extra row of seats. Well, after all… Source: Cars Direct
Tesla is notorious for being aggressive in cutting prices with little to no warning. The latest example of this happened just a few days ago, when Tesla lowered lease rates on the popular Model Y to just $379 per month for the base Standard Range RWD… Source: www.carsdirect.com
Price competition in the all-electric vehicle segment extends beyond Ford and Tesla. Nissan has also joined the fray, cutting the price of its SUV Ariya by up to $6,000 to encourage drivers to buy electric cars. When it comes to entry-level models… Source: Cars Direct
Nissan has lowered the Ariya’s 2024 starting price to $40,980. The move follows similar price cuts at Ford as the EV market becomes more competitive. Prices for all Ariya models, not just the basic version, are down by up to $6,000. As competition intensifies in the electric SUV market, price competition also intensifies… Source: Car and Driver
Since launching the Lucid Air, the all-electric vehicle startup has struggled to convince shoppers to buy its flagship sedan. Lucid believes pricing could be an issue, as he lowered the Air’s starting price by $7,500. The base model of the Air Pure RWD is now available with a price drop. Source: Cars Direct