Car Prices
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Electric-car advocates spend a lot of time grumbling about compliance cars. But it turns out that even in low volumes, limited mostly to sales in one state, they've unexpectedly produced a benefit for all electric-car buyers: lower prices. Recent price reductions to "move the metal," as Detroit would say, have made plug-in electric cars surprisingly cheap--and led to shortages of some models. The latest is a reduction in the lease cost of the low-volume 2013 Smart Electric Drive Coupe, from $199 a month (if the customer accepts the Battery Assurance Plus program) to just $139 per month. Volt...
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2014 Infiniti Q50 Hybrid Priced From $44,855
Anyone in the market for a fuel-efficient sedan with sporty dynamics and a bit of luxury now has a new option: the 2014 Infiniti Q50 Hybrid. The Q50 is essentially Infiniti’s replacement for the G37, and it goes on sale this July with a starting price of $37,605, including a $905 destination...
Viknesh Vijayenthiran -
Electric Car: Lease Or Buy?
You're considering a plug-in electric car. Should you lease or buy? It's a question that all new-car shoppers face--but for electric cars, there are some special considerations. Each financing option has its pros and cons, so we've outlined the reasons you might opt for each alternative. LEASING...
John Voelcker -
Audi Announces Fuel Efficiency And Pricing For A6, A7, Q5 Diesels
Audi has revealed pricing for its full lineup of diesel models, joining the existing A8 L TDI and Q7 TDI SUV. Each new model uses the same 3.0-liter V-6 turbodiesel engine and 8-speed automatic transmission to deliver strong performance and surprisingly frugal economy figures. The engine produces...
Antony Ingram -
Lower Prices Cause Electric-Car Shortages In CA: Shock, Surprise!
"Electric cars sold out!" isn't a phrase you'll have heard often over the past few years, but that's just what's happened in Southern California recently. Recent lease deals putting electric vehicles within reach of many consumers have led to a rush of sales--and certain models have sold out...
Antony Ingram -
2014 Chevrolet Spark EV Electric Car Priced At $27,495
One of the biggest hurdles for the proliferation of electric cars has been their high relative cost. While that is to be expected with any new technology, electric cars have received a lot of flak for being just too pricey for the market. That’s starting to change, however, especially now...
Viknesh Vijayenthiran -
Coda Automotive, the startup maker that builds the 2012 Coda Sedan electric car, is going through some very tough times. But it looks like one of its three dealers is trying to figure out the right price point for the all-electric compact sedan--which was originally priced at $38,145, including a destination charge of $895. Several days ago, Coda Silicon Valley advertised five brand-new Coda Sedans for $24,995 the price of after a "dealer discount" of $14,744 (buyers still likely have to add the $895). That offer actually expired on Sunday, and we were unable to reach Silicon Valley Coda at...
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Electric Cars Lose Value Quicker Than Others, But Not By Much
If you bought a new electric car today, how much would you expect it to be worth after five years? Concerns about demand further down the line, and further concerns about battery life, initially led some commentators to suggest that electric vehicles would be nearly worthless a few years after...
Antony Ingram -
Toyota Announces 2013 Pricing For Prius C, Camry Hybrid
Toyota has revealed pricing details for a large selection of its 2013 model year vehicles. Among pricing for many of its SUVs and trucks, the 2013 Toyota Camry Hybrid and 2013 Toyota Prius C see small price increases. The Camry Hybrid now ranges from $26,140 for the LE grade, to $27,670 for XLE...
Antony Ingram -
Tesla Model S Price Increase Coming, But For New Buyers Only
Much of economics is simple: Makers of desirable, popular products can raise their prices--to some degree. One example: Tesla Motors [NSDQ:TSLA] confirmed in a blog post yesterday that it would raise prices on its 2013 Tesla Model S all-electric sport sedan in the next two or three weeks. But...
John Voelcker -
At $5/Gallon, 2012 Nissan Leaf Electric Car Pays For Itself
If you're looking to reduce your driving costs, should you buy an electric car? It's a question many have asked in the past, and the results tend to vary depending on the electric car selected, and the cost of driving in your area. As gasoline prices hit $5 per gallon in some areas of California...
Antony Ingram -
2012 Nissan Leaf Gets Even Cheaper: Now, $139/Month Lease
Plug-in electric car sales are growing in the U.S., with the Chevy Volt in particular going from strength to strength. The 2012 Nissan Leaf, however, is not doing so well. Despite being one of the earliest electric cars on the market, it's been outsold three to two this year by the Toyota Prius...
John Voelcker -
With gasoline at or above $4 a gallon in some states, buyers' thoughts are turning toward fuel economy. If you're one of those buyers, and you're thinking about looking at hybrid cars, prepare yourself: You're not likely to get big discounts if you buy one. New data from CarWoo, a site that lets buyers anonymously get quotes on new cars from dealers, shows that discounts on several hybrid models are among the lowest across all deals offered during September to potential buyers by its 10,000 auto dealers. In fact, four of the 10 lowest-discount cars on the entire market are hybrids. The...
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2012 Nissan Leaf Electric Cars Offered At Up To $5,000 Off
dealerships are showing 2012 Nissan Leaf SL models at fully $5000 off MSRP
George Parrott -
Is $23,750 The Right Price To Get Electric Car Sales To Soar?
There are many reasons plug-in electric car sales are still just a tiny fraction of the market. The biggest hurdle may be high price, compared to gasoline cars of the same size, right now (along with range limitations). Despite a cost-per-mile that's just a fraction of what a gasoline car costs...
John Voelcker -
Electric Car Buyers: Still Put Off By Price
It appears that one of the perennial sticking points of electric cars is still putting off buyers. Not range anxiety, but pricing. In the Energy Information Administration's Annual Energy Outlook 2012 report, it suggests that buyers aren't confident that they'll see any payback from the high...
Antony Ingram -
In 10 Years, How Much Should An Electric Car Cost? Sec Chu Says $25K
Electric cars have traditionally been more costly to build and buy than their gasoline counterparts thanks to their limited production numbers and the high cost of battery packs. We already know that the price of electric car battery packs are dropping faster than analysts predicted they would, but...
Nikki Gordon-Bloomfield -
What's The Real Cost of a Better Place Electric Car in Israel?
Since buying my Better Place Renault Fluence ZE in Israel, I'm frequently asked about the price. I bought the car because I liked the way it drove and thought it would save me money. I had been looking for a new car, but had no intention of buying a green model as such. I was quickly satisfied that...
Brian of London -
Thanks to improved designs, lightweight materials, turbochargers, direct injection and even better gearbox design, cars on dealers’ lots today get far better gas mileage than cars made in the past few years. But while buyers are keen to buy the latest generation of green, high-mpg cars, some within the automotive industry are warning that demand of fuel-efficient cars will outstrip supply this summer. According to Automotive News (subscription required), demand for some high-mpg cars is already so high that four automakers are dramatically-increasing production. Interestingly, all are...
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Prices Drop For Used High-MPG Cars, June A Good Time To Buy
Like so many Americans, perhaps you've been thinking you really have to replace your old car this year. And maybe you're thinking your next car should get much better gas mileage, to protect against fluctuating gas prices. (They're down this month, but who knows for the future?) Well, looks like...
John Voelcker -
2013 Ford Fusion Hybrid Tentatively Priced From $27,995
One of the most anticipated cars of the year is the 2013 Ford Fusion, which will be attempting to cater to a much wider audience than the current model thanks to the introduction of three separate variants: regular gas, hybrid and plug-in hybrid. While the plug-in hybrid, or Energi as Ford likes to...
Viknesh Vijayenthiran -
Electric-Car Prices: Tesla, Nissan, Chevy Should Be Ashamed--Here's Why
Always read the fine print. That's a lesson every car buyer should take to heart. Especially since Nissan, Chevrolet, Tesla, and Mitsubishi all now engage in a pricing practice of which they should be ashamed. It's so-called "net pricing" of their electric cars, in which the price appearing in...
John Voelcker -
Do Hybrids Save Money? FuelEconomy.gov Site Helps You Decide
Hybrid vehicles cost more upfront than comparable gasoline models, but get better fuel economy. So will you save money in the long run? To make the comparisons easier and more accurate, the FuelEconomy.gov site has launched a new comparison tool that provides a "Years to Payback" number based on...
John Voelcker -
Want Govt To Pay For Half Of Your Electric Car? Try Estonia
Some electric-car makers (they know who they are) tend to quote base prices after subtracting the U.S. Federal income tax credit of $7,500. We don't do that here, but that practice would be even more tempting in Estonia--which gives a whopping $22,900 (18,000-euro) incentive on every electric car...
John Voelcker