The Truth About Cars

MAY 23, 2024

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. But they have no dealer nearby to make that purchase." sales market.

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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

JULY 16, 2024

While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. The above global expansion has been made possible thanks largely to its share price absolutely exploding after 2020.

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The Truth About Cars

FEBRUARY 8, 2024

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

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The Truth About Cars

OCTOBER 4, 2023

Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” In exchange, dealers are given access to demo vehicles and a factory guarantee for limited EV allocations.&

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The Truth About Cars

OCTOBER 10, 2024

Today, we learned pricing for the automaker’s smallest crossover, and it remains a relatively value-forward pick in a hyper-competitive segment. The new Taos is expected to land on dealers’ lots in late 2024. The 2025 Taos starts at $24,995 for the base S trim, and AWD pushes the price to $26,695.

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The Truth About Cars

JUNE 2, 2023

The last few years have been crazy for car shoppers, with inventory shortages and harsh price gouging running rampant. That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. & The Jeep Renegade sits on the showroom floor the longest, with 753 days of supply.

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The Truth About Cars

OCTOBER 28, 2024

In a market where the average new car price is somewhere in the upper troposphere, it is gratifying to know shoppers can still purchase a well-equipped all-wheel drive vehicle for $24,665 including destination. That’s the price Subaru has stuck on the window of its 2025 Impreza, a five-door hatchback which costs just $500 more than last year.

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The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.

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The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. As for dealers, there’s some amount of disagreement as to what’s holding EVs back. That issue was exacerbated by provisions (e.g.&

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The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. The company recently announced an expansion to its U.S.

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The Truth About Cars

JUNE 20, 2023

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

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The Truth About Cars

APRIL 22, 2024

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

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The Truth About Cars

SEPTEMBER 24, 2024

When I bought my 2024 Toyota GR Corolla, I waited several months for the dealer to finally agree to let go of its markup, but it looks like 2025 model-year buyers will have things even worse. Toyota recently released pricing for the new car, which gets an automatic transmission for 2025, and the numbers are up across the board.

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The Truth About Cars

AUGUST 27, 2024

On the hybrid side of its ledger, a new Blue trim brings the price down to $25,100 plus destination, a $1,150 reduction from the starting cost of a 2024 model. Moving up to the larger Sonata, we find a return of the mack SE trim which means a more approachable starting price of $26,650 plus fees. four-banger and six-speed automatic.

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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. Including Tesla, the average EV transaction price reached $55,235 in April, $433 less than Tesla’s standalone average.

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The Truth About Cars

APRIL 12, 2024

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. Last year, auto insurance premiums jumped by the largest margin since the 1970s, while new car prices showed a decent decline during the same period.

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The Truth About Cars

NOVEMBER 22, 2023

The jumbo Nissan Armada has a higher entry-level price point for 2024 compared to last year – but it would be tough to solely blame inflation for this cost hike. You can be sure it was a rare day when one of those birds lit on a dealer lot. Image: Nissan] Become a& TTAC insider.

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The Truth About Cars

DECEMBER 7, 2023

For the upcoming model year, its new price will not be as alarming as its new styling. All-wheel drive shows up for the first time on Sonata, likely thanks to customer (and dealer) feedback. That one gets an eight-speed wet dual clutch transmission, front-wheel drive, and is priced at $34,950. Hey, that’s Hyundai’s M.O.,

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The Truth About Cars

OCTOBER 21, 2024

Audi has announced pricing for the RS6 Avant GT, with the model looking like it’ll become a bauble for the kind of people that probably already have something like it in the garage. Considering that the base A6 is a family car that starts just a hair under $60,000, that’s a sizable price jump.

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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

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

APRIL 12, 2024

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. Pricing now starts at $29,795 before fees, $1,435 less than before. Ford slashed prices on the Outer Banks variant by $1,980, giving it a $33,935 MSRP.

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The Truth About Cars

AUGUST 7, 2024

Based on leaked screenshots of dealer allocation forms shared by Butter da Insider , and subsequent reporting from Mopar Insiders , the resulting vehicle could cost upwards of $10,000 more than what you would have paid for an equivalent V8-powered Charger last year. These prices do not include the additional $1,595 destination fee.

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The Truth About Cars

MARCH 18, 2024

As we approach the end of the first quarter of 2024, Tesla is pushing the Model Y with a message that prices will increase on April 1 in hopes that the threat of higher purchase price s will drive buyers to act in the next two weeks.

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The Truth About Cars

MARCH 6, 2024

A thesis will surely be written in the future about the yo-yo behavior of EV prices which are seeming to coincide with early adopters getting their fill while everyone else needs to be talked into the things. That sum is roughly $3,600 south of last year’s equivalent trim which is still on the Nissan build-and-price site at $43,190.&

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The Truth About Cars

APRIL 30, 2024

The popular Equinox represents bread-and-butter sales for many Chevy dealers, so any wholesale changes are often eyed with equal amounts of anticipation and trepidation. Looking far more square and rugged compared to other iterations, the Equinox also gets a higher starting price for the 2025 model year.

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The Truth About Cars

SEPTEMBER 26, 2023

Pricing for the 2024 Toyota GR Corolla has dropped. But that probably won’t matter much due to the fact that the model will undoubtedly be subjected to horrid dealer markups. Pricing is only pitching upward by a few hundred bucks. All prices include destination, FYI. Thus far, this hasn’t resulted in a discount.

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The Truth About Cars

AUGUST 9, 2024

Now, facing higher production and material costs, Volvo is raising the EX90’s starting price before its U.S. The SUV’s price jumped by $3,300 across the lineup, with the starting MSRP now at $81,290 with a $1,295 destination fee. As a whole, the automaker confirmed that five percent of its more than 10,000 U.S.

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The Truth About Cars

OCTOBER 22, 2024

The $224,495 – that’s just the starting price before any options – GT3 is scheduled for release in the summer of 2025. This being Porsche, it’s not hard to push the car’s almost quarter-million-dollar price tag higher with options. Of course, the GT3’s final price depends completely on the dealer. It’s powered by a 4.0-liter

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The Truth About Cars

FEBRUARY 9, 2024

That’s how the 2024 Toyota GR Yaris, a car powered by an (admittedly powerful and turbocharged) three-cylinder engine, costs nearly double its sticker price in France. Motor1 reported that the 2024 GR Yaris starts at 46,300 Euros, but its emissions add another 45,990 Euros to that price.

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The Truth About Cars

AUGUST 17, 2023

We interrupt the stream of breathless news from places like the crushingly self-important Monterey Car Week to bring you fascinating pricing details of the somnambulant 2024 Nissan Altima. It is available as an option on front-wheel drive SR trim and pushes the price to $35,430. Look for the 2024 Altima on dealer lots shortly.

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The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

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The Truth About Cars

AUGUST 2, 2023

Nissan has rolled out pricing for the 2024 Titan pickup truck. In other words, ignore other sites with headlines screaming about Nissan jacking the Titan’s asking price by five grand. In reality, price changes on volume models like the SV hardly register on the Richter scale.

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The Truth About Cars

SEPTEMBER 17, 2024

In addition to opening a new configuration tool on its website, Dodge said prospective buyers could head to DodgeGarage.com to view dealers with inventory in stock or on the way. The cars are expected to start landing on dealers’ lots in the fourth quarter of this year. second 0-60 mph time. Images: Dodge] Become a TTAC insider.

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The Truth About Cars

MARCH 12, 2024

Recent posts on social media claim to feature a letter from a Jaguar dealer that tells an owner of the brand’s demise. User Chris Henry pasted text they claim is from a dealer that said, in part, “New reports suggest that JLR (Jaguar-Land Rover) is working towards spinning Jaguar off to sell it as a separate business unit.

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The Truth About Cars

JUNE 16, 2023

Dealer franchise laws are controversial at best and downright divisive in most cases, but they remain a significant force in the automotive industry despite the political noise surrounding them. Dealer franchise laws prevent that in most cases. & [Image: Hunter Crenian via Shutterstock] Become a& TTAC& insider.

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