article thumbnail

Recurrent Auto and Black Book launch EV-centric valuation system for used cars

Teslarati

Recurrent Auto is now offering a program that could very well be the future of valuation for used Tesla models and electric vehicles. A major problem for used electric car buyers is that current valuation systems are designed around ICE vehicles; how often has the vehicle received an oil change? Credit: Tesla.

Auto 94
article thumbnail

Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average new EV sold for $58,940 in March, according to Kelley Blue Book (KBB) estimates—well above the industry average. Meanwhile, auto manufacturer’s incentive spend rose to the highest level in 12 months at 3.2% Kelley Blue Book data presented here does not include brands such as Ferrari and Rolls Royce.)

Price 210
article thumbnail

Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. On average, car shoppers in the non-luxury segment paid $410 above sticker price, a slight increase from October.

Price 210
article thumbnail

Updated Kia Seltos SUV rakes in one lakh bookings. What makes it click in India

Baua Electric

By: HT Auto Desk | Updated on: 06 Feb 2024, 10:29 AM Kia Seltos buyers have been preferring to opt for the higher variants of the SUV that come with panoramic sunroof, automatic transmission and ADAS. The South Korean auto giant also claimed that 80 per cent of the buyers opted for the top variants of the SUV, namely HTK+ and higher ones.

Kia 98
article thumbnail

A couple of kids wrote a science book about Tesla & EVs, by kids and for kids

Baua Electric

A new children’s science book about Tesla and EVs, Everything Tesla: From How They Work To How Fast They Go And All The Fun In Between! The authors say that they wanted to inspire kids to learn about science and electric cars and to care about the environment. they’re veritable George R.R.

article thumbnail

How to book Hyundai Creta N Line? A step-by-step guide

Baua Electric

By: HT Auto Desk | Updated on: 02 Mar 2024, 18:08 PM Upon launch on March 11, Creta will become the third model from Hyundai in India to also have an N Line version, after i20 and Venue. Hyundai Creta N Line is based on the latest Creta that was launched early 2024 in the Indian car market. How to book a Hyundai Creta N Line?

Hyundai 52
article thumbnail

2023 Detroit Auto Show Recap – Where Have All the Cars Gone?

The Truth About Cars

The press day at the 2023 Detroit Auto Show was so quiet that I ended my day two states away – sleeping in my own bed in Chicago. My initial hotel reservation was for two nights, but as early as last week I knew I’d be booking it west on I-94 after lunchtime. I believe as long as people can buy cars, they will pay to attend auto shows.

Detroit 111