Category Archives: prices

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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Cadillac ELR debuts in January at $75,995. Tesla Killer?

Sales of the 2014 Cadillac ELR hybrid coupe coupe will begin in January in all major U.S. metropolitan areas with a starting price of $75,995, including the destination charge. Continue reading

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Supply of Used Vehicles Up, Values Down Slightly

The latest used vehicles report for May and June shows U.S. used car supply rising, thereby decreasing trade-in values. Continue reading

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Some Corvette Prices Revealed – $51,995 to more than $73,000

Chevrolet revealed today some of the prices of the 2014 Stingray that goes on sale this summer but held back the MSRP of the highest performing Corvettes. Continue reading

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First Drive: Honda’s 2013 Accord – a Comeback Car?

It looks good. It feels good. It sounds good. A day of test-driving the all-new Honda Accord shows that for the 2013 model year, Toyota Camry will once again face strong competition from one of the best selling family sedans in the U.S. So strong is the Accord brand that the outdated outgoing model is still the second best seller in the family car segment, behind Camry even with Accord’s 5-speed automatic transmission that was badly lagging in the fuel economy rating wars. Continue reading

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Steep Gas Prices Have Little Effect on Used Auto Sales

Steeply rising gasoline prices have had little effect on the used car market since most people are sticking with the current vehicle, according to the National Automobile Dealers Association. This is the opposite of what happened when gas prices rose as recently as last year. Continue reading

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