The Truth About Cars

JANUARY 29, 2025

Buzz van recently hit the market here, though its high price will likely turn off many prospective buyers. Price was apparently a significant concern with the ID.7, 7, too, as dealers were skeptical that its expected $50,000 to $60,000 price tag would mean low sales volume.

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The Truth About Cars

APRIL 25, 2024

Farley noted that company executives are aware of buyers’ desire for more affordable EVs, noting Ford’s recent price cuts on the Mustang Mach-E, which gave the SUV a striking sales bump. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices. Image: Ford] Become a& TTAC insider.

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The Truth About Cars

NOVEMBER 6, 2023

New reports state that Tesla is working toward an affordable EV model and note that it will produce the vehicles at its German location near Berlin. The report noted that Tesla plans to build a car with a 25,000-Euro starting price, or just shy of $27,000. The Model Y is already built in that location and is Europe’s best-selling EV.

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Teslarati

OCTOBER 20, 2021

As for the company’s vehicle pricing strategies, the CFO noted that there seems to be a profound awakening among consumers about electric vehicles. Addressing Tesla’s price volatility, the CFO noted that all car companies do this. He asks about any possible impact from the battery material price hikes.

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The Truth About Cars

DECEMBER 10, 2024

The will they, wont they cycle of rumors around Teslas long-awaited affordable car is swirling again, this time because the automakers head of investor relations told a bank that it would launch in the first half of 2025.

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The Truth About Cars

MARCH 18, 2025

Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. Weve covered how regular people cannot sustain modern vehicle pricing in the past. Repossession rates are absolutely skyrocketing.

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EV Match

JUNE 16, 2022

With gas prices at a record high and new electric vehicle (EV) models being introduced all the time, it is safe to say our electric vehicle future is approaching more rapidly than ever. But what about those who want to electrify their ride and can’t quite afford to? EV Price War. But all of that is changing. What Else is Needed?

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The Truth About Cars

FEBRUARY 7, 2025

The prices arent as compelling if you live outside the Northeast, where many areas have offers starting at around $500 per month. The cars stout purchase price may be a turnoff for some people, but leases can be a great way to bet behind the wheel with a limited time commitment.

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The Truth About Cars

MARCH 24, 2025

Sadly, the resulting products havent been popular with fans of the relevant brands and even created a sort of spiritual crisis for some of them particularly Dodge, which had become famous for offering big vehicles with giant engines producing large amounts of power at competitive prices.

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The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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The Truth About Cars

JUNE 26, 2024

Several automakers have promised affordable EVs, but so far, none have truly delivered. Kia’s now jumping into the fray with the EV4 , a small electric car it promises will land with a reasonable price and widespread availability. Kia said the EV4 will arrive in 2025 and noted that it plans to build 70,000 units annually.

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Teslarati

JANUARY 25, 2023

Thanks so much for staying with us for this live blog. ” 16:51 CT – Next question from investors is about the company’s gross automotive margin, especially following the company’s price cuts. 16:37 CT – Elon noted that Tesla’s demand is strong, especially following the price cuts. Until the next time!

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The Truth About Cars

APRIL 5, 2024

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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The Truth About Cars

JULY 2, 2024

That’s changing slowly, as Cox Automotive recently reported that EV prices have fallen below the average Tesla price for the first time since early 2023. While its vehicles aren’t “cheap,” Tesla offers two of the most affordable EVs on sale today. Buyers are also buying more used EVs than before as prices have fallen.

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The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. That pushes the lease price down to $379 to start, and the down payment is at just $2,500.

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The Truth About Cars

MARCH 19, 2024

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

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The Truth About Cars

APRIL 2, 2024

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers.

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The Truth About Cars

AUGUST 13, 2024

Of course, numerous front-wheel drive variants are still on tap, giving an option to customers who are content with two driven wheels – not to mention an attractive price point with which to emblazon on marketing materials. Adding all-wheel drive to this trim is a $1,500 proposition. In addition to being smaller, it was only powered by a 1.6L

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Teslarati

JUNE 1, 2021

Combine this with affordability, and the Model Y is one of the most appealing automobiles on the market today. In April, the Model Y accumulated 16,232 registrations, according to the EV Sales Blog , a website that tracks global electric vehicle sales. Credit: EV Sales Blog. Credit: EV Sales Blog. Credit: EV Sales Blog.

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Teslarati

SEPTEMBER 2, 2021

EV blog Electrek , citing individuals who were also at the recently-held all-hands meeting, further claimed that the $25,000 compact car has a tentative release date of 2023. This is notably conservative as previous reports from China hint that work on an affordable Tesla is already underway.

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The Truth About Cars

NOVEMBER 5, 2024

The Jeep Wagoneer and Grand Wagoneer might have some cool features, but their luxury-level price tags have made them a tough sell. The automaker is hoping to stop the bleeding with lower prices for Jeep’s flagship SUVs, but the move doesn’t make them significantly more affordable.

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The Truth About Cars

APRIL 11, 2025

An extravagantly priced all-electric vehicle was never going to appeal to a customer base that historically prized affordable V8 motors and simple, traditional designs. Only the most resilient brands persisted, many of which also pivoted toward or were already building affordable vehicles in order to survive.

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The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

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The Truth About Cars

NOVEMBER 5, 2024

Toyota recently announced pricing and configuration details for the extended family hauler, and there’s a new entry-level trim joining the lineup with a slightly lower starting price. That said, the SUV isn’t cheap, though that’s changing as we head into the 2025 model year. Toyota equips a turbocharged 2.4-liter

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The Truth About Cars

AUGUST 7, 2024

This is especially true considering the now-discontinued LX/LD platform was comparatively affordable due to having been around so long. Launch editions will come with more standard features because the company knows a subset of over-eager buyers will buy them, padding the price somewhat. For many fans, this price range is concerning.

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Teslarati

MARCH 31, 2021

The EV Sales Blog says the Model 3 was registered 28,014 times in February, beating the Wuling HongGuang Mini EV by just under 8,000 units. At a price of just $4,400, customers will get just over 110 miles of range with every charge. A/C will add $500 to the price. Credit: EV Sales Blog. Credit: nickyp3d via Instagram).

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The Truth About Cars

NOVEMBER 8, 2023

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 Periods of more intense buying by dealers can drive wholesale price appreciation. percent in October.

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The Truth About Cars

JANUARY 10, 2025

The Corvette has long been viewed as an almost bargain alternative to pricier European supercars, but Chevrolet is slowly chipping away at the cars affordable perception. Chevy announced pricing for the halo Vette, and its clear weve crossed over into true supercar territory. Convertibles add around $10,000 to any configuration.

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The Truth About Cars

MARCH 7, 2025

Nissan held firm on pricing for 2025, keeping the cars $44,110 base price after a $1,140 destination charge. The Z Performance model adds $10,000 to that price, and the range-topping Nismo model costs $66,890 to start.

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The Truth About Cars

APRIL 12, 2024

It’s also surprisingly affordable for what it brings to the table, and a new report from CarsDirect suggests it’s about to get even less expensive. The publication uncovered a letter to dealers that outlines price cuts for the 2024 Bronco Sport, bringing prices down by close to $2,000 for some configurations.

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Green Car Congress

JUNE 21, 2016

per share, or a premium of approximately 21% to 30% over the recent closing price of SolarCity’s shares. In a blog post, Tesla management said that: Tesla’s mission has always been tied to sustainability. We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles.

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The Truth About Cars

DECEMBER 27, 2024

But pricing doesnt seem to be the primary issue for the sporty luxury model. BMW seems willing to retain the M8 Competition Convertible (above) and Sedan, the latter of which retails for $140,000 before one has had an opportunity to pad the price with upgraded paint, upholstery, or driving assistance tech.

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The Truth About Cars

APRIL 4, 2024

It’s still a far cry from affordable, but it is more than the trucks' rivals’ starting prices. The Silverado EV RST First Edition starts at a healthy $96,495 after a $1,995 destination charge, though that’s almost $10,000 less than Chevy originally advertised.

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The Truth About Cars

SEPTEMBER 21, 2023

In response, suppliers have been going to their automaker customers seeking concessions on pricing to help cope with some of the problems they’ve been facing. Across the supply base, suppliers have been suffering from increased costs and fixed-price contracts and really having to fight and argue to get any relief.

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The Truth About Cars

SEPTEMBER 19, 2023

The build-and-price tool for the 2024 Ford F-150 is now live, meaning we can poke around in what Ford asserts is a streamlined ordering process in which the number of buildable combinations has been cut by 90 percent compared to last year. PowerBoost hybrid engine simply for the stunningly affordable ($750) 7.2kW generator in its bed.

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The Truth About Cars

MAY 20, 2024

Rivian’s vehicles might be popular and offer cool features, but they’re far from affordable. The R1T’s lease prices go as low as $559, making it less expensive monthly than some full-size gas models. That price includes $7,500 in lease cash and applies to the R1T Standard Adventure Package truck.

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EV Adoption

MARCH 9, 2021

EV Price Parity With ICE Vehicles Is Fast Approaching. A lot of electric vehicle observers, analysts, and pundits like to say that, “When electric vehicles reach price parity with ICE vehicles – it’s game over gas-powered vehicles.” But at many levels, price parity may be the easiest part of the EV adoption equation.

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