Tag: Pricing

By on April 29, 2022

 

Whatever you think about Acura’s usage of the vaunted Integra nameplate, I think most of us can agree it’s leagues better than the alphabet soup to which we’ve been subjected over the past 25 years. All they need to do is trot out the Legend and Vigor names once again and we’ll be in business.

Now the model’s made the rounds after its official launch, Acura is ready to put a price tag on the thing. If you seek a copy of this turbocharged five-door liftback, it’ll set you back no less than $31,895 including destination.

(Read More…)

By on March 21, 2022

Ford

With window stickers of Ford’s all-electric Lightning pickup having leaked late last week, there were a lot of people interested in having their “Fuel Economy and Environment” estimates verified. Ford CEO Jim Farley has obliged by confirming the figures, adding that the vehicle’s maximum range should ballpark around 300 miles (or better) unless you snub the extended-range models.

The executive confirmed the F-150 Lightning XLT, Lariat, and Pro trims at 320 miles with the bigger battery. Though those running with the standard battery pack only yield 230 miles between charging. Meanwhile, the Lightning Platinum tops out at 300 miles even due to it having gnarly tires and being less aerodynamic than its siblings.  (Read More…)

By on March 7, 2022

No one reading this should be surprised by the news it’s more expensive than ever to find one’s way into a new car. All kinds of external forces have driven average purchase prices through the roof, and strife halfway around the world is currently playing a role in driving up the cost of fuel.

CEOs of the world’s automotive companies have taken note, of course. Late last week, during a virtual roundtable discussion with industry wonks, Stellantis boss Carlos Tavares expressed his opinions on the matter – and spoke of his concerns.

(Read More…)

By on March 3, 2022

On Tuesday, Rivian announced it would be increasing vehicle pricing by roughly 20 percent to account for higher inflationary pressures and higher component costs. It’s not the first electric vehicle startup to do so, or even the first automotive business that realized the hectic economic situation has created a window for expanding profit margins. But it was one of the few to get slapped in the face, metaphorically, after trying to get away with it.

Shares of the company began plummeting almost immediately as it endured widespread criticism, then people started canceling reservations. The plan would have made the $67,500 Rivian R1T electric pickup an $80,000 vehicle, while Rivian would have tacked on an additional $10,000 to the R1S SUV for a new ballpark total of $85,000. This included preorders, which would help to explain why everyone went bananas. But that particular aspect of the plan has been abandoned in an effort to save face and money.  (Read More…)

By on January 5, 2022

General Motors CEO Mary Barra made a slew of product announcements during CES 2022, with the biggest being an update on the Silverado EV. However, Chevrolet will need to fill out its ranks if it’s to become a totally electrified brand as planned, resulting in the confirmation of electric variants of the Equinox and Blazer.

With modestly sized crossovers and SUVs still gaining ground in North America, Barra believes it makes good sense to electrify a couple in the assumption that the segment will have a larger pool of customers to draw from. But there’s precious little detail about either model, minus GM’s promise to launch both models by 2023 and sell the Equinox EV for around $30,000.  (Read More…)

By on November 5, 2021

2022-toyota-tundra-sr

Well, they’ve announced pricing for the non-hybrid models, anyway. Apparently putting a value on positive and negative electrons takes a bit more time. Nevertheless, we now know precisely the amount that will be hoovered from your bank account to get into a new-for-’22 Tundra.

As you’d expect, it’s a jump from the old truck.

(Read More…)

By on October 28, 2021

Toyota has announced pricing for the 2022 GR86, with the Hachiroku receiving an MSRP of $27,700 before destination. That’s $295 cheaper than the nearly identical Subaru BRZ. Though, when you’re effectively building a sports coupe that has a literal clone of itself on sale across the street, every tiny advantage suddenly becomes relevant.

While a couple of hundred bucks aren’t likely to sway someone holding any amount of brand loyalty, it could become the deciding factor for interested parties who see the Toyobaru Twins as otherwise identical. The problem is that they actually do have distinctive personalities, despite still being overwhelmingly similar at their core, and the price difference shrinks even more once you accounted for each manufacturer’s delivery fees.  (Read More…)

By on October 12, 2021

While nobody needs to tell you that the economy isn’t in good health, we should at least hip you to the latest automotive trends relating to the financial purgatory we’re currently living through. Ford sent a memo to dealers last week indicating that it would be removing the minimum FICO requirement for 84-month financing, indicating that the industry may soon normalize auto loans that are even longer than the 72-month whoppers that have grown in popularity over the last several years.

Meanwhile, those needing a vehicle intermittently will find that rental rates have not been declining as hoped. Despite analysts previously suggesting that auto pricing may stabilize through the fall, we now look to be going into the holidays facing familiar high-priced troubles — and there’s really no reason to think that’s going to change after 2022 gets here.  (Read More…)

By on August 24, 2021

Image: Mazda

Mazda has announced pricing for its first all-electric vehicle and it’s not exactly coming across like a square deal. The manufacturer has announced the base model will start at $33,470 before an obligatory $1,175 destination charge. But the small crossover is only capable of completing 100 miles on a single charge, making it seem as if Mazda designed the car specifically to mock EV advocates.

While we frequently chide electric vehicles for skimping on the fundamentals, Mazda’s take on the segment is inexcusable. There were battery driven vehicles debuting a decade earlier with modestly sized packs capable of covering similar distances to the MX-30. Those considering one would almost certainly be better served by a Nissan Leaf and it doesn’t even need to be a brand new one. However Mazda is doing what it can to sweeten the pot, resulting in some interesting marketing decisions.  (Read More…)

By on July 28, 2021

This year has already seen price increases across the board, thanks largely to the supply crisis created in the wake of our response to the pandemic. As it turns out, shutting down the global economy wasn’t ideal for maintaining business as usual and nobody in charge seems all that interested in returning things to normal. Automotive prices have become particularly troublesome, as manufacturing costs have risen and a deficit of product has made this a seller’s market.

Tesla has been raising rates all year, particularly on its higher-volume models. By June, price bumps had become so common with the brand that CEO Elon Musk had to address the matter. He blamed industry-wide supply chain pressures, noting that raw materials had become particularly costly. While a totally rational explanation, there are problems with it when you realize those end-of-line price hikes aren’t being extended to China. (Read More…)

By on June 7, 2021

We’ve been covering the staggering increase of automobile pricing all year, starting with the second-hand surge created by rental industries sucking up used models to replace all the vehicles they dumped during the pandemic. A year of suppressed demand and prolonged restrictions absolutely crippled supply chains and placed the automotive sector in an extremely difficult position going into 2021. We wish we could say things were improving but the most heartening news we’ve come across was the possibility that select manufacturers might soon have a line on semiconductor chips — hopefully encouraging new vehicle production.

But the used market is still heading into uncharted waters. According to data collected by CarGurus, the typical price for a used automobile increased by about 30 percent against this time last year. Though more worrying is how much of that spike is consolidated within the last 90 days. (Read More…)

By on April 23, 2021

We’ve driven the Ford Mustang Mach-E and liked it. But one of our beefs was the price — it ain’t cheap.

Well, come Monday, it will be even less cheap.

(Read More…)

By on March 11, 2021

Tesla quietly increased pricing on several models via its website this week, with the new Model S Plaid Plus representing the largest jump. The performance variant is said to be capable of 200 mph and breezing through 60 mph in under 2 seconds. It also boasts the brand’s updated interior and an alleged range of 520 miles, which really opens it up to becoming the kind of vehicle you might actually want to take on an extended road trip.

But it’s going to set you back $151,190 (including the $1,200 destination charge), which is exactly $10,000 more than Tesla said it would cost just a few months ago. While that increase has not been extended to other Plaid models, none of which offer a massive bump in range, forthcoming Plaid Plus models are likely to see loftier price tags than originally expected.

(Read More…)

By on January 4, 2021

2021 Jeep Wrangler Rubicon 392

We know the 2021 Jeep Wrangler 392 Rubicon and its 470 horsepower and 470 lb-ft of torque is on its way to market. Now we have an inkling on price.

(Read More…)

By on November 12, 2020

Details of the upcoming Rivian R1T and R1S electric vehicles leaked just hours ahead of the company sharing some equipment options for the various trims and announcing that the online configurations (allowing you to build your own) will launch on November 16th.

As of now, Rivian’s plan involves offering identical trims for the R1T pickup and R1S SUV — splitting the two body styles into Adventure and Explorer packages. While the former is a bit more upscale, both come with a panoramic roof, vegan upholstery, and are big on connectivity. Wi-Fi is embedded and allows for Rivian to issue over-the-air updates. There’s also the First Edition model, which is effectively a gussied up version of the Adventure going to true believers that booked their EVs well in advance. (Read More…)

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