Tag: Automobile Pricing

Volkswagen plans modest EV price premium over internal-combustion cars | Autoblog

Volkswagen plans modest EV price premium over internal-combustion cars | Autoblog

Last month, Thomas Ulbrich, the Volkswagen brand’s board member for E-mobility, spoke to an audience in Dresden, Germany, about VW’s plans for pure electric vehicles. One of the nuggets we noted was Ulbrich saying that the first EV, the I.D. hatchback that could be called Neo, will undercut the Tesla Model 3 by roughly $8,000. […]

Experts say Florence’s flooding will trigger used-car price hike, warn consumers to avoid buying waterlogged vehicles | AccuWeather

Experts say Florence’s flooding will trigger used-car price hike, warn consumers to avoid buying waterlogged vehicles | AccuWeather

During 2017’s Harvey, more than half a million cars were estimated to have been flooded. “Using Katrina as an example, 200,000 units were totaled, and used-vehicle prices increased by as much as 3 percent, or $309, over the four-month period following the storm’s landfall,” Paris said. “Prices initially rise but then fall to parity,” he […]

The most expensive car to rent in America is $20,000 a day | CNBC

The most expensive car to rent in America is $20,000 a day | CNBC

A Bugatti – the French luxury car — isn’t cheap to own. There are only three models — Veyron, Chiron and Divo — and the prices range from $1.7 million to $3 million. In September, the new Divo hypercar sold out in one day, with the hefty price tag of $5.8 million. If you buy […]

Acura Slashes Starting Price of Newly Redesigned 2019 ILX by $2,200 | The Drive

Acura Slashes Starting Price of Newly Redesigned 2019 ILX by $2,200 | The Drive

In addition to a new look and more tech, Acura’s entry-level sedan will also be getting a significant price drop. Starting at $25,900 before a destination charge, the 2019 ILX will be $2,200 cheaper than last year’s model. The refreshed ILX will also get an A-Spec trim which adds darker chrome trim, LED fog lights, […]

AI driven algorithms help ‘used car’ marketers customise vehicle orders | Times of India

AI driven algorithms help ‘used car’ marketers customise vehicle orders | Times of India

CHENNAI: The largely unorganized used car business is using AI-driven algorithms to make its pricing process standard and transparent. Used-car players like Mahindra First Choice Wheels, Quikr, Droom and Truebil are leveraging AI-driven algorithms to predict the price of a car based on parameters like its condition, make, colour, history as well as geographical and […]

Costco Wants to Sell You a Car This Holiday Season | The Motley Fool

Costco Wants to Sell You a Car This Holiday Season | The Motley Fool

How does it work? Costco’s Auto Program offers prearranged pricing on new and used vehicles through a network of participating dealers. To take part in the holiday sales, event shoppers have to meet a number of requirements. First, if you’re not already a Costco member, you’re not eligible. Current cardholders for the warehouse club must […]

Why the Age-Based Pricing Model is an Outdated Investment Tool | CBT News

Why the Age-Based Pricing Model is an Outdated Investment Tool | CBT News

In a recent news article, Cox Automotive SVP Dale Pollak shared a sneak peak of what he promises to be better metrics for determining the price of used-vehicles. Pollack claims that pricing a vehicle based on ‘days on the lot’ is a measure of operational efficiency that is as outdated as the sundial. What’s Wrong […]

Car deals: How to get a discount on a new car or truck | USA Today

Car deals: How to get a discount on a new car or truck | USA Today

With new-vehicle prices near all-time highs, it might feel like there aren’t any good deals to be had. Prices averaged nearly $36,000 in August – slightly below their all-time high, according to Cox Automotive – but blame expensive SUVs and pickups for that pricey trend. There are other types cars and many exceptions to the rule. […]

Used car sales skyrocket as high prices drive down new car sales | KVAL

Used car sales skyrocket as high prices drive down new car sales | KVAL

If you think new cars are getting too expensive, you’re certainly not alone. According to a report Monday by The Wall Street Journal, the gap between the price of the average new and used vehicle is as wide as it’s been in five years, pushing buyers away from dealerships and towards used car lots and […]

Lexus Complete Lease Program | Digital Trends

Lexus Complete Lease Program | Digital Trends

“We talked about starting it nationwide but we wanted to get a sense of how this would play out. Our plan is to test it [in urban areas], and if we’re successful we will look at rolling it out nationally,” Cynthia Tenhouse, Lexus’ general manager of product and consumer marketing, explained. Lexus designed Complete Lease […]