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. Image: Tesla] Become a& TTAC& insider.

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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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Teslarati

MAY 16, 2023

That’s a new record, though it was one that was achieved following notable price cuts to the company’s vehicle lineup. 16:50 CT – With the meeting concluded, we’d like to thank you once more for staying with us for this live blog. Musk notes that Tesla looks at demand and adjusts pricing to meet the demand.

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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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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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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

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 4, 2024

It’s still a far cry from affordable, but it is more than the trucks' rivals’ starting prices. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by subscribing to our& newsletter. Image: Chevrolet] Become a& TTAC insider.

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Silverado Range Price F-150 105

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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The Truth About Cars

SEPTEMBER 21, 2023

According to a report from Automotive News , suppliers have been under intense financial pressure from the automakers prioritizing just-in-time manufacturing, rolling component shortages, a lopsided labor market, and increasingly high material costs. And if it comes, it comes very grudgingly."

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The Truth About Cars

JUNE 7, 2024

The track is listed without a price, but in reading the listing, it’s clear that the sellers intend to find a buyer who will keep the track open. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by& subscribing to our newsletter.

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The Truth About Cars

MAY 22, 2024

Electrek found a document posted to Rivianforums.com that shows the automaker will introduce new battery configurations and offer a more affordable entry-level trim for the often very expensive EVs. No pricing details are available yet, but they’re expected to be smaller and more affordable than Rivian’s current offerings.

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The Truth About Cars

MAY 24, 2024

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. Now, the automaker is offering a zero-percent APR for qualified customers, making the vehicle even more affordable. Incentives are nothing new, and they don’t necessarily point to problems with Mach-E demand.

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The Truth About Cars

MAY 2, 2024

Tesla had pushed toward developing a new platform for smaller, more affordable vehicles and initially thought it would cast the body in one piece. The automaker is constantly adjusting its pricing, recently slashing the cost of Full Self-Driving tech and bumping the price of the brand-new Model 3 Performance by $1,000.

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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

APRIL 18, 2024

A company rep told Automotive News , “We continue to work to right-size the business and ensure alignment to our priorities. Demand for high-priced EVs is also slowing as the market moves past eager early adopters to mainstream buyers who are less willing to pay a premium to have the latest and greatest.

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The Truth About Cars

APRIL 3, 2024

EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements. New Jersey is taking action on the issue with a controversial measure to charge EV owners an annual road tax, which will increase over the next four years to $290 in 2028.

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The Truth About Cars

MAY 29, 2024

According to a post on X (Twitter) yesterday afternoon by an account belonging to the VW Group, a bite-sized electric vehicle will appear in 2027 with a price tag of just 20,000 euros. The post calls it a push towards entry-level mobility, setting standards for technology and design plus the obvious affordability factor.

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The Truth About Cars

APRIL 23, 2024

Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable. The automaker is taking steps – small ones, to be fair – to make its vehicles more affordable, though, knocking up to $5,000 off some configurations. Oh, and you’ll have to trade in a gas vehicle to get the price cut.

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The Truth About Cars

SEPTEMBER 18, 2023

General Motors is gearing up for the release of several new EVs over the next few years, starting with the Chevrolet Equinox EV this fall. Chevy has promised a reasonable starting price for the Mexico-built EV, which will arrive in the States riding on GM’s Ultium platform. & [Image: Chevy/MIIT] Become a& TTAC& insider.

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The Truth About Cars

MAY 15, 2024

The First Edition trucks sport an impressive 440-mile range and an almost-$100,000 price tag. Though it looks a lot like the old Chevrolet Avalanche pickup, the new Silverado EV RST comes with a wealth of luxury and tech features. Image: Chevrolet] 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 Blazer EV is still expensive after the price cuts, and Chevy missed its price targets for the Equinox EV, so GM’s stable is notably empty of affordable electric models.

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GM General Motors Price Chevrolet 111

Baua Electric

JANUARY 24, 2024

I follow the news in budget travel, reading travel blogs and talking to industry experts for inspiration. I stayed at a relatively affordable, family-run lodge and visited art museums for free. The post On a Budget, a Travel Reporter Learns Invaluable Lessons appeared first on Bauaelectric Auto News. Can you go anywhere?

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Aspen Los Angeles Bahamas Affordable 52

The Truth About Cars

FEBRUARY 15, 2024

Its range and acceleration are the stuff of legend, but its price tag means that only the most privileged buyers can get behind the wheel. However, while it’s still quite pricey, the car just got significantly more affordable , and the automaker is offering credits for charging equipment.

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Maintenance Price Miles Affordable 115

The Truth About Cars

FEBRUARY 26, 2024

Despite the delays, a Ford rep told The Detroit News that the automaker plans to significantly increase shipments in the coming weeks. That said, one fleet customer told Automotive News that its order from last year had been delayed by eight weeks. Image: Ford] Become a TTAC insider.

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The Truth About Cars

APRIL 15, 2024

Tesla had already riled workers with slow performance reviews, and many didn’t appreciate the automaker’s decision to raise prices earlier this year. It also appears to have nixed plans for an affordable entry-level EV in favor of a broad robotaxi initiative, which hasn’t sat well with many inside the company and out.

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The Truth About Cars

APRIL 29, 2024

One of the more popular selling points for new EVs is the massive amount of almost instant torque they deliver, making some models shockingly quick off the line. The Kia EV6 GT is one of them, offering near-supercar levels of acceleration at a premium SUV price, and the automaker appears poised to try that formula again with its larger EV9.

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The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. As Automotive News pointed out, the shift is likely tied to Kia’s electrification ambitions. Average vehicle purchase prices in the U.S. Though disappointing, the move isn’t a surprise.

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The Truth About Cars

AUGUST 9, 2023

.& GM’s electric efforts have so far mainly focused on crossovers and pickup trucks, but CEO Mary Barra confirmed that the company plans to transition the affordable Chevrolet Bolt hatchback to Ultium technology for its next generation. & & If the automaker can pull that off, it would be the most affordable EV on sale.

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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

JANUARY 29, 2024

Hybrids could be a popular alternative to GM’s EVs, as the automaker hasn’t yet hit the affordable price targets it touted a while ago. The Chevy Bolt and Bolt EUV were solid, reasonably-priced options, but they’ve been discontinued with no firm date to revive them on GM’s newer platform.

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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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The Truth About Cars

APRIL 11, 2024

Though it’s growing rapidly, the Chinese automotive sector has been criticized by Europe, America, and others for the government’s heavy subsidies that make it unfairly competitive against higher-priced Western models. Image: Sheila Fitzgerald via Shutterstock] Become a& TTAC& insider.

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The Truth About Cars

JUNE 20, 2023

For a while, it seemed like Tesla would never stop raising prices, but earlier this year, the numbers started falling. The automaker often offers price cuts and bonuses as it nears the end of a sales quarter to boost numbers. The discounted Model S still exceeds $84,000, and the Model X reaches almost $93,000 after the discount.

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Tax Credit Tesla Price Tax 98

The Truth About Cars

JUNE 14, 2024

Tesla recently cut FSD pricing by a significant amount, making it more affordable to buy outright and less expensive on a monthly basis. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by & subscribing to our newsletter. Images: Tesla] Become a TTAC insider.

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Tesla Conversion Affordable Buy 59

The Truth About Cars

OCTOBER 27, 2023

Ford said it would delay some of the planned EV investments after seeing less demand and more price pressure than expected. Ford already noted losses in its EV business, and we’ve seen multiple changes in its pricing and production strategies for the F-150 Lightning, indicating that demand for the electric pickup is fluctuating.

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The Truth About Cars

JUNE 5, 2024

plans to offer its Seagull hatchback next year at a price below €20,000 [or $21,730 USD]. Lowering costs are great if that results in consumers getting more-affordable cars. But vehicle prices remain quite high relative to the average income on both sides of the Atlantic. Image: Stellantis] Become a& TTAC& insider.

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