The Truth About Cars

APRIL 24, 2024

Tesla recently slashed the price of its Full Self-Driving assistance feature, and it now appears the automaker is taking steps to expand its reach to other OEMs. Full Self-Driving recently dropped to $8,000 or $99 per month, but that’s still a significant upcharge on the automaker’s more affordable vehicles.

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The Truth About Cars

APRIL 5, 2024

Despite only releasing pricing for the EV in January, CarsDirect reported that Toyota’s lease deal cuts monthly lease payments down to $299 per month for a 36-month lease with $3,999 down. It’s also eligible for federal tax credits, which makes it an even more compelling option.

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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. billion before taxes and interest, and Ford noted a $4.5 Ford said consumers are unwilling to pay more for an EV than a comparable internal combustion vehicle, putting significant downward pressure on pricing.

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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. Kia currently builds the EV6 in South Korea and needs a North American manufacturing location for its vehicles to qualify for federal tax credits. Average vehicle purchase prices in the U.S.

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The Truth About Cars

JANUARY 30, 2024

The Volvo EX30 promises to be one of the most affordable new EVs on the market, but it’s not quite ready for primetime. Volvo had already delayed the EX90 because of software problems with its LiDAR system, but the EX30 is expected to be the automaker’s volume EV, as its price starts at around $35,000. Software version 1.2

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The Truth About Cars

MAY 23, 2023

Buyers lucky enough to get a new EV from the automaker were flipping their cars for way more than the asking price, and many people overpaid as a result. Tesla started cutting prices earlier this year, making all models more attainable, and now the company has slashed the price of an entry-level Model 3 to below $40,000.

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The Truth About Cars

OCTOBER 20, 2023

Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem. The Air is too expensive to qualify for government tax credits, and other automakers are closing in on its performance and range, sometimes at lower price points. & [Image: Lucid] 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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The Truth About Cars

MAY 17, 2024

He stated that he believes the future GM remains electric and that a sports coupe focused on sublime driving dynamics and a lower price point would be preferable to a model that’s focused on lap times and output figures. But that striving for higher performance trims while likewise trying to create more affordable Mustangs were on the table.

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The Truth About Cars

JULY 25, 2023

With incentives and tax credits, the final price could be much lower than that, making it the most affordable new EV on sale now. .& While yet another cookie-cutter electric car might not sound that exciting, the Bolt is a breath of fresh air in an EV market that increasingly seems targeted only at the rich.

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Blink Charging

DECEMBER 19, 2023

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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The Truth About Cars

FEBRUARY 1, 2024

About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges. Luxury-minded electrics are simply too expensive for most people to afford and the more pedestrian models have been seen in the news for battery fires and botched product launches.

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The Truth About Cars

SEPTEMBER 5, 2023

Krear noted that full-sized pickups have remained incredibly popular in the United States and can still be had at lower price points if the buyer manages to stay away from adding options. Tesla remains the undisputed leader here, with Krear suggesting that its recent price cuts would gradually help move adoption downmarket.

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The Truth About Cars

SEPTEMBER 22, 2023

That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. But you’ll still have to find someone to install the unit into your home, to which the manufacturer has offered a $600 credit toward installation.

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Plug In Partners

MAY 7, 2007

P erhaps the most important milestone in developing Plug in Hybrids is the availability of an affordable, practical, and powerful battery pack. snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon gallon gas is 2.5

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Driivz

FEBRUARY 26, 2023

In this blog, we’ll look at five things you can do decrease EV Charging station costs and cut OPEX and CAPEX so you can offer affordable pricing to customers, attract more drivers to your network, and minimize upfront costs. Use local battery storage to capture grid energy when prices are lowest. In the U.S.,

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Blink Charging

SEPTEMBER 1, 2023

One Consumer Reports article on buying a car in August 2023 even recommended that drivers buy a used EV because “used EV prices have dropped 26 percent over the last year.” Now can buy a used EV and get used to it without having to commit to the higher price point. Learn more about the Used EV Tax Credit.

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The Truth About Cars

AUGUST 10, 2023

Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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Get Electric Vehicle

OCTOBER 27, 2023

How to Win the EV Race –  Blog Series This is the second part of How to Win the EV Race blog series As An EV Maker, What Does It Take to Win the EV Race? This includes battery technology, electric drivetrains, and other components to improve efficiency, range, and affordability.

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

is hoping to launch the Volt in late 2010 with a price tag of about $40,000. Sure, if you need to make lots of long trips in a car, and can only afford to have one car, then probably a Tesla’s not for you. I understand that with new technology the price is often hi but come on. Where is affordable.

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The Truth About Cars

JUNE 7, 2023

Despite all-electric vehicles being heralded as environmentally sound solutions that would kick down the door to affordable mobility, there haven’t been a lot of good examples hitting the market recently. Most models are aimed at the affluent, resulting in 9,000-pound behemoths with six-figure price tags.

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Cars That Think

OCTOBER 26, 2021

But the difference is that only a minority of Americans today can afford to buy a new car. But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. And the issue here is that you get a federal income tax credit.

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Cars That Think

OCTOBER 26, 2021

But the difference is that only a minority of Americans today can afford to buy a new car. But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. And the issue here is that you get a federal income tax credit.

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The Truth About Cars

APRIL 12, 2023

This means automakers can slash overhead by dumping a large portion of their workforce, while also selling vehicles that are priced higher than ever before. New vehicle pricing is already higher than most people can afford and unfettered government spending has weakened the dollar. I’m not bashing EVs.

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The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. There was no longer any limit to the length of time the industry could benefit.

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Creative Greenius

JULY 25, 2009

Maybe if we’re lucky, NPR and PBS will pick up on this story after they read this blog piece (how nice for them that someone has done the reporting legwork for free). I give you a menu with pricing and rebate information for each item recommended and you choose enough to add up to 40% energy savings.

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The Truth About Cars

MAY 14, 2024

“More Americans are buying EVs every day — with EV sales rising faster than traditional gas-powered cars — as the President’s Investing in America agenda makes EVs more affordable, helps Americans save money when driving, and makes EV charging accessible and convenient," added a spokesperson from the White House.

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