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Time To Buy? New Vehicle Inventories And Incentives Are Up

The Truth About Cars

Everything is relative in the world of car buying. Many car lots remain overloaded with models that would be considered relatively expensive prior to the 2020s and the buying public has less discretionary income due to economic inflation. You could buy now and have a decent shot of spending less than you would have last year.

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The Inefficiency of Car Buying

Clean Car

Buying a New Car is inefficient, its no wonder that electric vehicle sales are still pretty low. The buying experience of a new car for each of us is different, but the one similarity for all of us is its inefficiency. Each of us has a different approach to buying a new car.

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Tijuana Man Burns Tesla While Trying to Charge Directly Off Power Line Connection

The Truth About Cars

They’re not cheap, either, so if you think you have enough money to buy one, spend the time to go to a real charger and avoid bootleg connections that could end your car’s (and yours or others’) life. Teslas charge pretty fast in the grand scheme of things. Images: Matt Gush via Shutterstock] Become a TTAC insider.

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Report: Average New EV Prices Fell Below Tesla's Average for the First Time in Over a Year

The Truth About Cars

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. 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.

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Rivian Shows New Travel Kitchen Accessory In Recent Event

The Truth About Cars

None of Rivian’s accessories are cheap, but the automaker has a finger on the pulse of its buyers, releasing targeted products that outdoor lovers and adventurous EV owners will actually buy. Though not as cool as the first camp kitchen, the new Travel Kitchen shows that Rivian understands its audience.

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Report: The Mitsubishi Mirage is Dead After 2024

The Truth About Cars

Its sub-$18,000 starting price makes it a compelling buy, and it’s received more recent updates than the Mitsubishi, making it more tolerable for daily driving. It’s also expected to get the boot after 2025, though, so time is running out on cheap cars in America. Images: Mitsubishi] Become a TTAC insider.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

They also want to take action to protect American EVs from cheap or subsidized Chinese models. That said, people there don’t buy that many of them, with EVs comprising just 0.5 The pressure coming from U.S. percent of the Mexican auto market in 2022.

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