article thumbnail

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

Price 199
article thumbnail

Toyota and Lexus 800V EVs, F-150 Lightning home power backup cost, Stellantis electrifies in Canada: Today’s Car News

Green Car Reports

Lexus and Toyota have plans involving big battery packs and 800-volt charging. The electric replacements for gas-swilling Dodge muscle cars and Chrysler minivans start to take form in factory revamps. And the F-150 Lightning system that can power your home gets priced out. This and more, here at Green Car Reports.

F-150 96
article thumbnail

KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.

Price 210
article thumbnail

Tesla Model S & Model X named ‘Best Resale Value Award’ winners

Teslarati

Broadly, Toyota and Lexus were awarded the best resale value brands of 2023, winning many segments, including the minivan, PHEV, full-size pickup truck, midsize pickup truck, and luxury full-size SUV.

F-150 98
article thumbnail

TTAC's Worst Cars of 2023

The Truth About Cars

Lexus LX600: Not a bad car by any means, and there are likely plenty of buyers for it. While it’s not as legendary of a nameplate as other icons of motoring, the Pathfinder was once a rugged body-on-frame SUV that could go just about anywhere, it’s now a minivan without the utility of a minivan. These are my worst of the year.

Cars 106
article thumbnail

2025 Volvo EX30, Aston Martin Bulldog: Automotive Information Headlines

Baua Electric

You’ll to find those tales and extra in as of late’s automotive information, proper right here at Motor Authority. 2025 Volvo EX30 hits 60 mph in 3.4 seconds, begins at $34,950 Aston Martin Bulldog comes out of its shut eye to crash 205.4

article thumbnail

Report: Toyota to Introduce New Medium-Sized Hybrid, the SAI

Green Car Congress

The SAI reportedly will have the same basic structure as the recently introduced Lexus HS 250h, but with different exterior and interior designs. The SAI price is expected to fall between that of the Prius and the HS 250h.

HS 250h 186