Tag: Pricing

By on June 11, 2019

2019 Chevrolet Bolt EV - Image: Chevrolet

If you’re stinking rich, few things stand in the way of any purchase. For plebs consumers of lesser means, pocketbook considerations factor much more heavily into all purchases. You author, by the way, feels pretty good about stockpiling discount meat in his freezer.

When it comes to electric vehicles, limited range and higher sticker prices serve as roadblocks to widespread consumer adoption, regardless of passionate lectures from politicians and online people. There’s progress being made on both issues, but spiffing new green rides remains a go-to method of stimulating sales. A pile of someone else’s cash on the hood goes a long way to sealing a deal.

In Canada, the U.S., and other developed nations, that EV cash comes from your friends and neighbors, not the manufacturer. And if Canadian data from May shows anything, it’s that the appearance of a modest rebate does little to get buyers in the mood to go green. Go big or go home? (Read More…)

By on May 28, 2019

A new addition to the Ford Mustang lineup arrives this fall, just in time to do battle with a new addition to Chevrolet’s Camaro stable. As sales falter, the pony car wars are heating up. However, while these two steeds do not differ greatly in price, their means of motivation are quite dissimilar.

Now that pricing has been revealed for the 2020 Mustang High Performance Package, we can contrast it with the equally new Camaro LT1 — a bargain V8 model slotted below the SS. It’s four cylinders versus eight. (Read More…)

By on May 20, 2019

Lincoln Motor Company brass aren’t afraid to tout the brand’s concerted push to redefine the idea of what an upscale American vehicle should be — in the process, hopefully ridding itself of a longstanding stigma born of lackluster past offerings. The latest entry in Lincoln’s renewed lineup is the 2020 Corsair, bound for dealers late this year.

A replacement for the compact MKC, the Corsair lists the Mercedes-Benz GLC, BMW X3, Audi Q3, and especially the new Cadillac XT4 as its main rivals. As Lincoln has now bestowed pricing upon the Corsair, we’re able to contrast those two domestic challengers. (Read More…)

By on May 17, 2019

tesla-model-3

Ten months. That’s how long Tesla’s CEO claims this month’s offering of $2.7 billion in stock and convertible notes bought the struggling automaker.

Hungry for cash to fuel new model development, a Shanghai Gigafactory, and an assembly line on which to build the upcoming Model Y crossover, Tesla has resorted to endless measures to trim costs, from moving to an online sales model and attempting to cull the bulk of its sales staff, to general staff reductions, to reducing build configurations. Vehicles prices seem to change by the week.

And still it’s not enough. To keep the automaker afloat, Musk told employees, the company will need to count every penny. (Read More…)

By on May 13, 2019

Amid splashy introductions like that of the resurrected Toyota Supra, the 2020 Hyundai Venue‘s debut at the New York Auto Show was a different kind of affair. It’s an entry-level vehicle, at least as far as crossovers are concerned, and its lack of all-wheel drive might have some saying it doesn’t even belong in the crossover camp.

In going smaller, slotting an A-segment vehicle below its still-new subcompact Kona, Hyundai says it’s staking a claim in a segment it expects other to populate. Not losing sight of what the Venue is supposed to be meant avoiding AWD like the plague. (Read More…)

By on April 12, 2019

tesla model 3

If you can find a Tesla store (that’s still open), and someone working in it, maybe you can buy … a Model 3 Standard Range.

Yes, the $35k car promised three years ago during the Model 3’s launch, and hyped to infinity in the months and years since, stands to become as shadowy and elusive as the A-Team. In yet another raft of changes to its Model 3 line announced Thursday night, the automaker ensured the Standard model’s status as a rare bird.

Offered by a company that’s moved to online ordering, the Standard model will not be available for ordering online. Hey, don’t be confused — there’s a solid explanation! (Read More…)

By on April 10, 2019

Depending on your place of residence, you may have begun seeing a small, quiet Hyundai crossover with a face like Jason Voorhees tooling around the neighborhood. That’s the Hyundai Kona Electric, a vehicle with 258 miles of range and a starting price matching the Chevrolet Bolt’s $37,495 MSRP.

At least, its price did mirror the 238-mile Bolt, until Hyundai beancounters decided it was time for some new math. (Read More…)

By on March 25, 2019

Tesla Model S Grey - Image: Tesla

Over the weekend, Tesla CEO Elon Musk asked the world to “please note” that prices on all Tesla inventory would rise by about 3 percent on April 1st. While it sounds like the setup to a particularly bland April Fool’s prank, Musk followed up by saying, “To be clear, this doesn’t affect Tesla website order prices. Existing inventory prices are currently slightly lower than on website. This will bring them in line,” which is only slightly funny.

The automaker is also scrapping its extended service plans, intended to provide annual maintenance on its vehicles. Considering how often Tesla adjusts pricing, this is the bigger story. But let’s give the money matters a little attention before making our deep dive into the company’s bold reliability claims (which is Tesla’s stated reason for the yearly maintenance program’s kiboshing).  (Read More…)

By on March 14, 2019

With tonight’s splashy California reveal of the upcoming Model Y crossover, Tesla CEO Elon Musk hopes to achieve two things: positive press, and an avalanche of deposits. It would be a change from the past several weeks, in which an assembly line of undesirable headlines made it appear that a green monument was in danger of toppling.

While pricing and specs should be revealed tonight, J.D. Power thinks it knows what Tesla fans will pay. (Read More…)

By on March 11, 2019

It’s hard to keep up with the endless tweaks and about-faces made to Tesla’s short-term sales and pricing strategies. Some automakers roll out changes and stick to them for years; Tesla pulls over and adjusts its near-term operations from a rest stop off the side of the interstate.

The latest change to Tesla’s game plan involves a reversal of a strategy announced just a couple of weeks ago. The lion’s share of Tesla’s stores will not close, after all. And, instead of prices dropping across the board to reflect the cost savings, the automaker will raise them instead. (Read More…)

By on March 7, 2019

Image: GM

Americans gain two new domestic midsizers for the 2020 model year, and both of the premium crossover rivals take a different approach in how they propel their human cargo.

The Cadillac XT6, which debuted in Detroit in January and hits dealers this summer, adopts front-drive architecture; the 2020 Lincoln Aviator goes a different route, donning Ford’s rear-drive CD6 platform. It’s V6 power only for both, though Lincoln will slap on a potent plug-in hybrid system for added power and expense.

While pricing lines up closely on the bottom end, Lincoln has the edge. (Read More…)

By on March 6, 2019

Image: Toyota

While U.S. new vehicle sales are expected to drop in 2019, average transaction prices and interest rates are climbing fast. That spells a potential bad day ahead for drivers reaching the end of their lease, Edmunds warns.

Those looking to get behind the wheel of a new sedan in the coming year might have to spend some quality time with a calculator. (Read More…)

By on February 26, 2019

America’s appetite for intermediate sedans is disappearing, as the queasiness consumers feel when faced with the prospect of buying a family sedan seems to be settled only by the consumption of crossovers.

They go down smooth.

This isn’t news, of course. TTAC began a close, monthly watch of the U.S. midsize sedan sector in August 2016. Since then, the demise of individual midsize nameplates has continued, and the numbers associated with the segment’s sales performance – as we chronicled earlier this month – have grown more frightening.

Yet there are signs that, at least on the retail front, the midsize sedan segment’s American decline could be levelling off. And that moderation is coinciding with something you might not have anticipated: rising average transaction prices. (Read More…)

By on February 25, 2019

2020 Kia Soul

I had just returned from driving the 2020 Kia Soul in San Diego (review forthcoming later today) when Kia fulfilled a promise made to the media via a note in my inbox.

The pricing info that wasn’t ready for our drive event was now live.

While most of the pricing is in line with what one expects of a boxy compact commuter, if you fancy the GT Turbo, be prepared to pony up.

(Read More…)

By on February 20, 2019

2019 Ram Power Wagon

When it comes to vastly profitable full-size and heavy duty pickups, there’s few options one can’t tick a box for. The next-generation Ram 2500 and 3500 are no different. Load one up, and you’ll never want for creature comforts.

Others prefer getting more for less, and on that score the 2019 Ram HD still holds up its end, though Fiat Chrysler will gladly accept an extra two grand from buyers looking to secure torque bragging rights. (Read More…)

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