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Category Archives: prices
2018 Nissan Frontier Pickup Starts at $19,965
Changes for the 2018 model year include the addition of standard RearView Monitor on all models and updated base grade content – including standard air conditioning, cruise control, Bluetooth® Hands-free Phone System, 5.0-inch color display audio and Siri® Eyes Free. Continue reading
Greenlight or Red Light – GM Proxy Fight Coming?
In the filing, Greenlight – a $10 billion investment firm – said in essence that GM lied when it asserted that a credit downgrade was possible if the stock were split into two classes. Greenlight also said it repeats its request that GM has denied on numerous occasions to consent for Greenlight to speak directly to the rating agencies about the Plan so that it can be accurately evaluated by a formal rating committee. Continue reading
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
Posted in aftermarket, economy, news analysis, prices
Tagged autoinformed, autoinformed.com, certified pre-owned vehicles, CPO vehicles, Ken Zino, used vehicles
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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
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
Chevrolet Cruze Pricing Undercuts Civic, Corolla, Elantra
The battle of best-selling global compact cars continued today with Chevrolet pricing its brand new Cruze model $1980 cheaper than the Honda Civic LX, an acknowledged leader in the class. The formidable Cruze – Chevy’s bestseller globally – is also less expensive than the Toyota Corolla L (-$570) and the Hyundai Elantra SE (-$580). Continue reading
Posted in auto news, marketing, milestones, new vehicle, news analysis, prices, shows and events
Tagged auto news, autoinformed, autoinformed.com, Ken Zino
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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
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
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
Posted in prices
Tagged auto lending, autoinformed.com, cfpb, flat rate lending, Ken Zino, nada
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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
Posted in aftermarket, prices
Tagged aftermaket, autoinformed, autoinformed.com, Ken Zino, parts act
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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
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
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
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
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
Posted in marketing, prices
Tagged autoinformed, autoinformed.com, Ken Zino, truecar
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