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

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

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

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

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

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

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

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

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

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

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

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 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

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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Land Rover Dealers Chinese Price 116

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

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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The Truth About Cars

MARCH 22, 2024

Since it lowered the EV’s price upon lifting the stop-sale order, owners who paid more might be eligible for some money back. The publication purchased a Blazer EV for long-term testing and noted that it had worked fine since a dealer installed a planned software update.

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The Truth About Cars

JANUARY 31, 2024

She tempered that warning with a statement that more charging infrastructure and better training for dealers will lead to more growth. That has led many to predict that 2024 will be a year of incentives, price cuts, and higher inventory levels on dealers’ lots. Electric vehicles sold in record numbers last year, growing to 7.6

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The Truth About Cars

APRIL 29, 2024

For starters, mention of the truck for a 2024 model year has never been part of the brand’s build-and-price tool in that country, despite dealers in the area having the things parked cheek-to-jowl on their lots. Why have alert Canucks been wise to this development prior to Friday’s announcement?

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Blink Charging

JANUARY 11, 2024

And since you can now transfer those credits to the dealership when buying your EV, the credits can effectively lower the sticker price of the vehicle by acting as a down payment. How this works: the automotive dealer will provide a credit to the buyer at the time of purchase which will act as a down payment or a partial payment for the EV.

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Blink Charging

NOVEMBER 16, 2023

Now consumers will be able to transfer their tax credit directly to the dealer at the point of sale. This simplifies the process, benefiting both consumers and the dealerships, but it also requires dealers to register on an IRS portal. These changes make it easier for drivers to access tax credits when purchasing clean vehicles.

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The Truth About Cars

NOVEMBER 1, 2023

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. Frustratingly, the SUV hasn’t even hit dealers’ lots yet, and Chevy’s already cut the originally planned base trim, raising the starting price by more than 10 percent.

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Plug In India

APRIL 10, 2021

In the blog/video, we bust this myth and we show how petrol scooters cost same as electric scooters and you always save money when it comes to total cost of ownership when using an EV. You guys must be shocked at the prices of petrol scooters. So any battery pack related service will have to be done with your PURE EV dealer.

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Plug In India

MARCH 10, 2022

My blog unearthed a lot of the inner workings on that vehicle. Do read my blog , where i talk about the same in greater detail. Electric Scooter prices are competitive compared to petrol scooters. Especially given how Bajaj inflated the price of Chetak and seem to be eating government subsidies. I recommend watching it.

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The Truth About Cars

APRIL 10, 2024

The Ford Bronco Raptor was already expensive enough even without dealer markups, but the automaker has figured out a way to make it even pricier. The $4,995 option adds to the $90,305 (before destination) starting price and mostly amounts to decals and painted exterior trim to the beefy SUV without changing its performance or capability.

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The Truth About Cars

FEBRUARY 27, 2024

However, dealers seem to especially loathe the EQS, noting that it has been severely oversupplied. Customers have been more interested in the smaller EQB and EQE, rather than the $105,550 (starting price) EQS. It’s no secret that the company has struggled to move its all-electric EQ products.

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The Truth About Cars

AUGUST 1, 2023

At present, there are two priced trims listed on the customer-facing Chevrolet website: 2LT and RS costing $56,715 and $60,215, respectively. & In a market defined by skyrocketing average transaction prices and a seeming return to pre-pandemic inventory levels, this isn’t the best news – for consumers or dealers.

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The Truth About Cars

FEBRUARY 26, 2024

Vehicle pricing also dropped slightly, though presumably not enough to send anyone running out the door to buy a new automobile due to how outrageously high they’ve been over the last several years. From Cox Automotive: The average new-vehicle listing price opened February at $47,142, down 1 [percent] from a year ago.

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The Truth About Cars

SEPTEMBER 25, 2023

Ford and Reviver, a digital license plate manufacturer, have teamed up to install the technology on new vehicles at the dealer. Ford dealers in states where the plates are approved can install them at the point of sale, or buyers can order the plates online.&

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The Truth About Cars

JUNE 30, 2023

Canadian dealers of Mercedes-Benz vehicles are reporting that the automaker is considering revising its strategy for North America. The dealers attended a market-wide retailers meeting in Vancouver held in May and noted that the automaker was fretting about consumer hesitancy over expensive electric vehicles.

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The Truth About Cars

JANUARY 5, 2024

But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles. Shortly after VinFast confirmed its attendance at CES, it announced that it had officially signed agreements with five dealers in four states across the country to have them play host to its products.

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The Truth About Cars

NOVEMBER 2, 2023

These kits were apparently developed in response to customer feedback and will be available via the Ford Performance Parts website or at a dealer accessory counter. We’re sure the F&I office would prefer the latter, added into the purchase price and spread out over a terrifying 96 months. Sign here, please.

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The Truth About Cars

MARCH 14, 2024

The automaker has seen challenges with its direct sales model, reaching a decision to move toward a more traditional sales model with dealer partners. News of Fisker’s search for representation has not been kind to the company’s stock price, which fell 45 percent after hours.

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The Truth About Cars

NOVEMBER 21, 2023

Meanwhile, EVs continue to be priced much higher than their combustion counterparts with demand being isolated primarily to metropolitan hubs and the wealthier surrounding suburbs. Dealers don’t seem to be particularly enthusiastic about electrification anymore either. Image: Ford Motor Co.]

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The Truth About Cars

AUGUST 1, 2023

Pricing is still unknown, but the car’s positioning will probably give it a hefty premium over the standard model. On top of that, dealers are already marking up the regular Z, so there’s a good chance the Nismo ends up priced out of reach for many. Image: Nissan] Become a& TTAC insider.

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The Truth About Cars

APRIL 4, 2024

Billed as showing up ‘right around the corner’, the next 4Runner will take its place in a newly and delightfully square SUV lineup at Toyota dealers. Most are wondering out loud about where the 4Runner will fit into the mix, what with the Land Cruiser being reintroduced at a new price point and its own attractive square visage.

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