Category Archives: prices

Affordable Used Vehicles Becoming Scarce

For consumers considering trading in older used vehicles, 2017 could be the time. The latest study predicts a record number of off-lease vehicles will fill dealer lots and that a declining number of older trade-ins will put significant upward pressure on the late model used market this year. Continue reading

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Used Cars Becoming Good or Great Buys

The North American used market is roughly 2.5-times bigger than the new car market. That ratio is not going down soon – given the Obama Administration’s recovery from the Republican-induced Great Recession of 2008- 009. Record vehicle sales in 2015 … Continue reading

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Subaru 2017 BRZ Priced at $26k to more than $30k

Subaru of America today announced pricing on the 2017 BRZ line starts at $26,000 and increase to more than $30,000. They arrive in September. Continue reading

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Volvo Sets S90 Sedan Price at $46,950

For those who wondered if the 2010 purchase of Volvo by the Chinese conglomerate, Zhejiang Geely Holding Group would result in massive cost cutting and de-contenting and brand dilution, the exact opposite appears true. Continue reading

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US Used Car Prices Stable in August

In the U.S. during August used vehicle depreciation fell by 1.9%, followed by a 0.6% new vehicle sales drop when compared to July. At this time of year, wholesale used vehicle sales begin to slow, traditionally making it a tricky time for shoppers, as local dealer inventories will determine prices. Continue reading

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DOJ Honda Consent Order Aims to Cut Auto Loan Abuses

The consent decree is a substantial, perhaps fatal, setback for dealer lobbying groups such as NADA and AIADA who have been fighting CFPB on non-discriminatory pricing. Continue reading

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NADA FOIAs to CFPB on Targeting Auto Dealers

As always, it pays to shop since rates can vary drastically, and there have been cases of blatant discrimination where dealers charged varying amounts even though the victims have the same credit scores. (Read AutoInformed on Asian Auto Lending Discrimination in Los Angeles?) Continue reading

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Crash Course on Collision Parts in front of Congress

The parallel Parts Act bills in the House and Senate will face fierce opposition from automakers – as they have before – where automaker lobbying has, arguably, infringed on consumer rights while nullifying the bills. Continue reading

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Cheap Gas means Cheaper Hybrids and EVs

As gasoline prices continue to drop, automakers are increasing incentives on alternative fuel vehicles – hybrids and pure EVs. Ford’s Focus Electric hatchback, which sells at an average of 16% off MSRP, leads January’s list of best savings on new vehicles, according to a web buying service. Continue reading

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Gas Prices Continue Dropping

U.S. motorists are paying an average price at the gasoline pump today of $2.10 per gallon) that is more than 40% lower than the 2014 peak of $3.70 reached on April 28. Continue reading

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NADA Chairman Defends Auto Retail Practices. Again

The latest Chairman of the National Automobile Dealers Association, aka NADA, defended the auto retailing franchise system saying it benefits both automakers and car buyers by proving much needed competition. Continue reading

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Chinese Government Accusing Automakers of Price Gouging

Reports coming out of China from a state news agency say the government in Jiangsu Province found Mercedes-Benz guilty of antitrust price gouging. Continue reading

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August Claimed Best Month to Buy a New Car

People looking to save on a new car or truck should do their shopping in August, according to a new study that says new car and truck prices during the past five years in August have averaged $29,296 – $169 lower than any other month. Continue reading

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Subaru Raises 2015 Forester Prices

Subaru of America is increasing the prices on its hot selling Forester crossover – five consecutive annual sales records – for the 2015 model year. Continue reading

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Used Car Prices off Slightly

What is claimed to be a glut of vehicles coming to used car lots will drive down prices as much as two percent this year and increase the selection of shoppers. However, new car buyers will take a hit as trade-in values decline with higher monthly payments needed to make up the difference. Continue reading

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