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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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BMW Offering Significant Discounts On the Polarizing XM SUV

The Truth About Cars

Despite its legitimately impressive performance, the BMW XM hasn’t been a blockbuster hit. Its price and, um, controversial styling are the most likely culprits, but BMW’s new offer (somewhat) takes care of half of those challenges. Images: BMW] Become a& TTAC& insider. percent financing deal.

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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. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. Comparatively, vehicles across the overall luxury segment averaged 57 days, while BMW vehicles took around 38 days to sell.

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These Models Take the Longest for Dealers to Sell

The Truth About Cars

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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Premium EV bargain hunting? 2024’s best cut-price prestige electric buys

EV Central

Could you be tempted by an ex-demo or lightly pre-loved premium electric car once they’ve shed dollars from scarily high original sticker prices? 2022 BMW i7 xDrive60 – $205,000 (-$93,000) The BMW i7 – accelerating towards chunky depreciation. That’s fallen a mighty $100,000 from its new list price.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years. According to the latest Kelley Blue Book data , average transaction prices for a new EV were down 9% in the first quarter compared to Q1 2023. Are you ready to drive off in a new electric car?