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J.D. Power Discovers Dealer Service Satisfaction Rises Amidst Extended Wait Periods

The Truth About Cars

Photo credit: Standret / Shutterstock.com The auto industry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.

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Why Your Auto Dealership Needs EV Charging Stations

EV Connect

Electric vehicle sales continue to surge forward. With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Here’s why your auto dealership needs EV charging stations sooner rather than later. In the U.S.

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Five EVs that lease for under $300/month

Baua Electric

The Hyundai IONIQ 6 / Credit: Hyundai North America Last February there were nine EVs that leased for an average monthly cost of under $400 before tax and license. A fifth EV, one that leased for over $400/month back then, has plunged into the sub-$300 club after a $120/month cut in cost. Hyundai dealers don’t stock many of these gems.

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Chevy cuts Equinox EV lease prices by nearly $140 per month

Baua Electric

If you were looking to lease Chevy’s new all-electric Equinox, it just got a lot cheaper. 2024 Chevy Equinox EV 3RS (Source: GM) Chevy Equinox EV lease prices drop to just $379/mo Previously, the RS trim had an effective cost of $651 per month ($569 for 39 months and $3,209 due at signing), meaning it’s $136 cheaper per month to lease.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Hyundai is offering two of the cheapest cars to lease (EV or gas-powered), the IONIQ 6 and Kona EV, in the US, with prices as low as $169 per month. According to S&P Global registration data, Hyundai was the fourth best-selling EV maker in 2024, with 51,411 electric cars delivered, or 4.5% Who said EVs are not affordable?

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Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Baua Electric

Photo: Toyota Toyota has made its fully electric 2024 bZ4X – which only just landed on dealers’ lots – available to lease with a $10,000 discount. Lease cash is a manufacturer incentive that lowers the cost of a new vehicle when it’s leased. It’s focusing on hybrids and gas cars. Read more: Toyota to invest $1.3B

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

The number of electric vehicle models that can be leased for less than an average monthly lease cost of $400/month has grown by 50% since last August. Reviews by major auto enthusiast publications last spring have been negative, citing quality issues, quirky driving dynamics, and buggy software.

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