Edmunds finds that hybrid and EV owners are increasingly trading in their vehicles for traditional cars, and more are trading out of hybrids and EVs to get into SUVs.
One distributor of ChargePoint electric-vehicle charging stations is making an offer some owners of Ecotality's Blink stations may not be able to refuse. National Car Charging will offer dual-port Blink station owners a $2,200 trade-in credit for ChargePoint's new CT400 station and a $1,200 trade-in credit for single-port Blink station owners, according to the website Dontblinknow.biz. ChargePoint was formerly known as Coulomb Technologies and started selling the CT400 this summer, which feature
Watching your car burst into flames before your eyes is never good news, and it's even worse when you're mere moments away from trading it in at the local dealership. This Car-B-Q blaze apparently erupted at Acura 2000, a dealer in Brampton, Ontario. As the video tells us, the unlucky customer saw his 2004-2008 Acura TL trade-in suddenly catch fire and go up in resale-value-killing smoke.
Back in April, Hyundai launched the Assurance Trade-in Value Guarantee ensuring every new Hyundai's resale value two to four years down the road. Unfortunately for most folks still shopping for a Hyundai, that program has now ended. Keyword being "most" since Hyundai will no longer ensure the value of their mainline cars, but well-heeled buyers of the Genesis and Equus models can still sleep well knowing their high-end Hyundai will depreciate at a rate comparable to their neighbor's Toyota Avalo
Even without a Cash for Clunkers $2 billion extension locked in place by the Senate, the U.S. government bean counters are crediting the auto incentive for moving more than 180,000 vehicles off dealer lots. The big winner so far is Toyota, knocking Ford's Focus off the top-selling vehicle spot with its economy-oriented Corolla sedan.
With Congress on the verge of passing some kind of 'cash-for-clunkers' legislation, it's time to take a look at what cars are worth trading in for the scrappage credit and what models would be better to sell by other means. The good folks at Consumer Reports have come to the rescue. Obviously, a car that has a retail value greater than the corresponding rebate is not worth trading in unless you just can't be bothered to stick a For Sale sign in the window. The CR staff has examined the prices an
It's no secret that the used car market is in a state of flux. As gas prices rise and fall, so does the value of the car currently sitting in your driveway, waiting to be traded in. To help dealerships assign a fair value to your car, the National Automobile Dealers Association has added two new categories for wholesale vehicle market. The new categories are "Rough" and "Average" and they join "Clean Trade-In," "Clean Loan" and "Clean Retail" as options for your ex-vehicle to fall into.
What goes around, comes around... at least in the retail auto business. A combination of high fuel prices and aggressive incentive programs on new vehicles has conspired to put used SUV prices into free fall. According to industry analysts, the wholesale value of used large SUVs in April was down 4.1 percent over last year, and 4.7 percent from March.