All Of Us Want Cleaner Cars, But How Many Of Us Are Willing To Pay For Them?
It's fair to say that most consumers would prefer a green vehicle, one that has a lower impact on the environment and goes easy on costly fuel (in all senses of the term). The problem is that most people can't – or won't – pay the price premium or put up with the compromises today's green cars demand. We're not all "cashed-up greenies."
In a day and age where it's easy to spec out a $28,000 Ford Focus or a $70,000+ Ram pickup, there's no doubting that new vehicle prices have gotten quite high. According to Ward's Auto, more and more analysts fear that the trend toward higher transaction prices may negatively affect an auto industry that is still on the rebound.
If you've looked into purchasing a new car recently, we likely don't need to tell you prices are plenty lofty. According to TrueCar.com's data, the average selling price of a new car sold here in the U.S. last month was $30,748, marking an all-time record (last year's figure was just $28,771). While buyers are currently looking toward smaller, less expensive and more fuel-efficient models, overall vehicle sales have jumped ahead of the rest of the slowly recovering economy. In addition, manufact
Put this down as a public service announcement for rich people: A strong loonie is what our neighbors to the north have all been waiting for. Thanks to the loonie's climb up the currency value charts, Porsche has dropped prices of its line by two percent. A Boxster is suddenly $4,000 loonies cheaper than a few months ago, at $55,600 ($55,467 U.S.) vs. $59,600 ($59,457 U.S.), and the number-one-selling Cayenne is now $54,200 ($54,070 U.S.). There's probably no better time to convince your wife to
The lagging sales of new vehicles has been well documented, forcing retailers and manufacturers to offer some pretty amazing deals just to move their metal. Sometimes, the price of a brand new car is so good that it doesn't make sense to purchase a used vehicle.