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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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The Escalating Costs of Owning a New Car

The Truth About Cars

It is important to note that the MSRP doesn't necessarily align with the actual purchase price, which can fluctuate depending on market demand. This increment in sticker prices has a direct bearing on finance costs, reflected in an average annual finance charge of $1,253, signifying a staggering 90 percent surge compared to the prior year.

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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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Why 2023 will be another great year for electric vehicles

My Energi

Despite doom and gloom stories about electric motoring dominating the national press for the first few weeks of the year, it is clear to anyone who looks at the data that 2023 will be a great year for electric vehicles in the UK. For new car buyers, especially company car drivers, going electric is a virtual no brainer.

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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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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% of the US EV market.