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☆ How car buyers thinking hybrid over EV should make the decision
▼ + stars: | 2024-04-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +8 min

And what would the upfront costs be to upgrade your system to allow for faster charging, if desired? Do the math on upfront cost, EV vs. hybridIf it's still a toss up between an EV and a hybrid, next consider upfront costs. By contrast, the average starting price for a hybrid car is $33,214, according to iSeeCars.com, a car search engine. Search for available auto rebates and incentivesIf you're leaning toward an EV, but still find the upfront cost daunting, look for possible rebates. He points to a study by Argonne National Lab that shows scheduled maintenance costs per mile are significantly lower for an EV versus a traditional hybrid or plug-in hybrid.

Persons: you've, Aston Martin, Sandeep Rao, there's, Rao, Steve Christensen, Maxwell Woody, Woody, Albert Gore, ZETA Organizations: Ford, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, Gallup, New York, EV, Chevrolet, Department of Energy, Battery Coalition, Progressive Casualty Insurance Company, of Michigan, University of Michigan, Argonne National Lab, Honda Locations: U.S, California, Florida, Texas

☆ Poor resale values of EVs threaten adoption, warn some experts
▼ + stars: | 2024-04-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

Jeff Gritchen | Medianews Group | Getty ImagesA car loses value as soon as you drive it off the lot, but electric vehicles are taking this adage to a new level. That's becoming a major barrier to wider adoption, according to some industry and investment experts. While lower used EV prices could increase their desirability to some buyers, they can also reduce demand for new electric vehicles, according to Karl Brauer, executive analyst at iSeeCars. Kuo further argued that the software and computing capabilities of used EVs may become outdated and incompatible with updates by the time they are sold or even beforehand. According to iSeeCars, dramatic drops in used electric vehicle values in the U.S. have largely been driven by aggressive price cuts by Tesla amid a broader price war in the EV market.

Persons: Jeff Gritchen, Karl Brauer, David Kuo, Kuo, EVs, iSeeCars, Tesla Organizations: Medianews, Getty, iSeeCars.com, Smart, Industry, Bloomberg, VW, Toyota Locations: Fountain Valley , California, U.S

☆ These are JPMorgan's top stocks for February
▼ + stars: | 2024-02-06 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Stocks are coming off a winning month, with the three major indexes finishing January up by more than 1%. CNBC Pro compiled 10 of the stocks on his list, including four new names: Cars.com , Insulet , Intuitive Surgical and Prologis . More than seven out of every 10 analysts rate the stock a buy, according to FactSet. The average price target implies the stock can rally more than 27% in the next 12 months. More than four out of every five analysts rate the stock a buy, with an average price target showing upside of more than 13%.

Persons: Stocks, Cars.com, Mizuho Organizations: JPMorgan, Federal Reserve, Investors, CNBC, Vertex Pharmaceuticals Locations: Dexcom

And on Tuesday, we’ll find out which movies and artists will have a chance at Academy Awards when the Oscar nominations are announced. Both films made strong showings last week when the acting, directing and producing guilds released their nominations, and spots for both on the best picture list are all but guaranteed. Double-Digit Nominations: I expect “Barbie,” “Oppenheimer” and the historical-crime tale “Killers of the Flower Moon” to each score double-digit nominations. And besides a likely best picture nod, there could be ones for directing and screenplay as well. The Best Picture Outlook: The safest bets are “Oppenheimer,” “Barbie” and “Killers of the Flower Moon.” “The Holdovers” and “Poor Things” are secure, too.

Persons: we’ll, Zazie Beetz, Jack Quaid, “ Barbie ”, “ Oppenheimer ”, “ Oppenheimer, ” Christopher Nolan, Cillian Murphy, Robert Downey Jr, Barbie, Greta Gerwig, Margot Robbie, Ryan Gosling, ” “ Oppenheimer ”, I’m, Ken, ”, Alexander Payne’s, Paul Giamatti, Da’Vine Joy Randolph, Lily Gladstone, Emma Stone, Giamatti, Murphy, Bradley Cooper, Maestro ”, Jeffrey Wright, Robert De Niro, Downey, Gosling, Jodie Foster, Emily Blunt, Danielle Brooks, Barbie ”, “ Maestro, ” “, they’ve Organizations: Academy of Motion Picture Arts, Sciences, ABC, Golden Globe, ” “ Society Locations: Randolph, ”

They’ll be livestreamed on Oscars.com, Oscars.org and the academy’s social media platforms, and carried live on ABC’s “Good Morning America.”Christopher Nolan’s three-hour opus “Oppenheimer” comes in the favorite for best picture, best director and a host of other awards. Though Nolan is regarded as the big-budget auteur of his era, he's never won an Academy Award, nor have any of his films won best picture. Also in the mix: Carey Mulligan ("Maestro"), Sandra Hüller ("Anatomy of a Fall"), Margot Robbie ("Barbie") and Annette Bening ("Nyad"). There, Downey Jr. and Gosling are likely to face off, while other nominees might pull from Robert De Niro ("Killers of the Flower Moon"), Willem Dafoe ("Poor Things"), Mark Ruffalo ("Poor Things") and Charles Melton ("May December"). Two releases from streaming companies — Apple’s “Killers of the Flower Moon” and Netflix’s “Maestro” — are in the best-picture mix.

Persons: — It’s Oscar, they’re, Samuel, Zazie Beetz, Jack Quaid, They’ll, ” Christopher Nolan’s, Oppenheimer ”, Cillian Murphy, Robert Downey Jr, Emily Blunt, Nolan, he's, “ Oppenheimer, “ Barbie, Greta Gerwig’s, Ryan Gosling, Margot Robbie, “ I’m, Ken, ”, Gerwig, Noah Baumbach, ” “ Barbie, ” “ Maestro, Murphy, Paul Giamatti, Jeffrey Wright, Bradley Cooper, Maestro ”, Leonardo DiCaprio, Colman Domingo, “ Rustin ”, Andrew Scott, Lily Gladstone, Martin Scorsese’s, Emma Stone, Carey Mulligan, Maestro, Sandra Hüller, Annette Bening, Joy Randolph, Holdovers ”, Blunt, Danielle Brooks, Jodie Foster, Julianne Moore, Penélope Cruz, Downey Jr, Gosling, Robert De Niro, Willem Dafoe, Mark Ruffalo, Charles Melton, Netflix’s, ” —, “ Barbie ”, Jimmy Kimmel Organizations: Academy, Samuel Goldwyn Theater, America, ABC Locations: Beverly Hills , California

☆ What to Expect When the Oscar Nominations Are Announced on Tuesday
▼ + stars: | 2024-01-22 | by ( Kyle Buchanan | ) www.nytimes.com time to read: +2 min

And on Tuesday, we’ll find out which movies and artists will have a chance at Academy Awards when the Oscar nominations are announced. As I have written throughout this awards season, this year, there are simply more good movies and great performances than there are awards to honor them. Both films made strong showings last week when the acting, directing and producing guilds released their nominations, and spots for both on the best picture list are all but guaranteed. Double-Digit Nominations: I expect “Barbie,” “Oppenheimer” and the historical-crime tale “Killers of the Flower Moon” to each score double-digit nominations. And besides a likely best picture nod, there could be ones for directing and screenplay as well.

☆ Cars are one of the few purchases Gen Z is reluctant to make online. Here's why that can be smart
▼ + stars: | 2024-01-17 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Growing up in the age of the internet and technology, online shopping is second nature for Gen Zers. One-third, 32%, of Gen Z consumers shop online at least once a day, according to data from marketing firm Tinuiti. Yet, 80% of Gen Z drivers prefer to shop for a car in person. Only 9% prefer to do so online, according to a recent report by Cars.com, which defines Gen Z adults as those between ages 18 and 28. Baby boomers were the only generation more likely than Gen Z to purchase a car in person, with 89%, while millennials were the most likely to prefer buying online, with 16%.

Persons: Zers, Rebecca Lindland, boomers, millennials, Paul Waatti Organizations: Cars.com, Finance

☆ I'm a car dealer who only sells electric cars. This is what everyone else is getting wrong — and the advice I give prospective EV buyers.
▼ + stars: | 2023-10-29 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

Alex Lawrence is the CEO and cofounder of an all-electric used car dealership in Utah. AdvertisementAdvertisementAlex Lawrence is a 49-year-old entrepreneur and the CEO of EVAuto, an all-electric used car dealership in Bountiful, Utah, which he co-founded in 2019. EVAuto sells a variety of electric cars, from Tesla to Porsche to Rivian. We wanted to be the largest seller of used electric vehicles in America. Now that they're going to be on the Supercharger network, that helps solve the charging problem.

Persons: Alex Lawrence, Alexa St, John, —, EVAuto, Price, I'm, I've, they've, they're, Lorenzo Di Cola, It's, you'll, We've, Tesla, it's, Tim Levin Organizations: Service, Porsche, Ford, Chevrolet, GMC, Plaid Locations: Utah, Bountiful , Utah, America, Italy

☆ The pandemic broke the used car market — now shoppers are screwed
▼ + stars: | 2023-09-30 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

Used cars are still expensive, like they've been for years. Slow car production from 2020-2022 slammed the supply of lightly used cars in 2023, a study shows. AdvertisementAdvertisementRidiculously high used car prices are lingering like the last guest at the dinner party. During the pandemic, used cars got incredibly expensive for a couple of reasons. "There's really no factor contributing for used car prices to go down," Brauer said.

Persons: they've, —, iSeeCars, that's, that'll, Karl Brauer, Brauer, There's Organizations: Service, Toyota, Honda

☆ Used cars are older, pricier. 3 things to think about when shopping for a previously owned vehicle
▼ + stars: | 2023-09-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

As recently as 2019, used car shoppers could find a 3-year-old vehicle for about $23,000. Pandemic-era manufacturing issues have since increased the average age of used cars sold to 6.1 years, up from 4.8 years, according to car-shopping site iSeeCars.com, which analyzed more than 21 million used cars sold in 2019 and 2023. The average price for all used cars sold increased 33% between 2019 and this year, rising to $27,133 from $20,398, according to the site. To that point, 58% of sales from used vehicles came from 3-year-old or newer used cars in the second quarter of 2019. While prices cooled slightly, used cars overall are still expensive; sticker prices are 46% higher than the second quarter of 2018.

Persons: Karl Brauer, Edmunds Organizations: Finance Locations: Edmunds

☆ How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow UAW strike will benefit online auto advertisers like CarGurus and Cars.comTom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike means for auto dealers and more.

Persons: Tom White, Davidson Organizations: UAW, D.A

☆ These 20 cars have the highest dealer markups over their sticker price
▼ + stars: | 2023-08-08 | by ( Alexa St. John | ) www.businessinsider.com time to read: +1 min

Average new car sticker prices have risen 7.4 percent from $39,712 last June to $42,645 this June. Here are the vehicles priced the highest above sticker, ranging from between 17% and 30% more. It's no secret that many cars aren't exactly affordable today, as new vehicles had an average sticker price of $42,645 in June. Dealers tacked on an average of $4,000 in markups to vehicle Manufacturer's Suggested Retail Prices in June, bringing the average price up 8.5% to $46,265, according to automotive research firm iSeeCars.com. See the 20 vehicles priced the highest above sticker price, per iSeeCars:

Persons: there's Locations: Edmunds

☆ Only 6 cars are selling for below their sticker price as dealer markups remain high
▼ + stars: | 2023-08-07 | by ( Alexa St. John | ) www.businessinsider.com time to read: +2 min

The pandemic brought on a supply crunch that's seen vehicles sell for way above their sticker prices. The COVID-19 pandemic brought on a car-supply crunch that normalized dealers selling vehicles well above sticker price. Though massive upcharges are becoming less common, there are still very few vehicles today that car shoppers can find for less than the Manufacturer's Suggested Retail Price. Just a year earlier, cars were going for $39,712 (sticker price) and priced more than 10 percent higher, around $43,717. See the six vehicles listed below sticker price, as well as the next six cars priced the closest to sticker price (albeit above), here:

Persons: iSeeCars.com

☆ On tap this week: Jobs report plus 10 key earnings. Here's what we want to see
▼ + stars: | 2023-07-29 | by ( Zev Fima | ) www.cnbc.com time to read: +18 min

All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho

☆ Buying anything but a Tesla makes no sense right now
▼ + stars: | 2023-07-20 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Several car companies say their EVs will be built with the Tesla charging standard starting in 2025. Otherwise, buying an EV other than Tesla now means its charging tech will soon be in the minority. It's supposed to be a huge advantage to non-Tesla car companies that they're switching to Tesla's charging tech. With automakers, charging providers, and more moving to Tesla's tech, CCS will be far less popular in the coming years. The EV buyers in five to 10 years will be buying tech that's more advanced and stabilized.

Persons: Tesla, Elon, Karl Brauer, Brauer, NACS, Loren McDonald, McDonald Organizations: Morning, Ford, GM, Volvo, CCS Locations: America

☆ Travel agency Booking to defend ETraveli deal at July 7 EU hearing
▼ + stars: | 2023-07-06 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

Booking announced its bid for peer Etraveli, owner of the brands Gotogate and Mytrip and operator of airline content distribution services provider TripStack, in November 2021. The European Commission said last month the deal will make it harder for rivals to compete with market leader Booking, by reinforcing its position in hotels and further expanding its reach into travel services like flights and car rentals. Booking will attempt to address regulators' concerns at a closed hearing in Brussels on Friday, Booking told Reuters via email. Senior officials from the EU competition watchdog and national antitrust agencies, as well commission lawyers, will participate in the hearing. Booking may have to offer remedies following the hearing to prevent a veto on the deal.

Persons: Foo Yun Chee, Emma Rumney Organizations: Holdings, European, Sweden's, Booking, TripStack, Capital, European Commission, EU, Thomson Locations: BRUSSELS, Brussels

☆ Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more
▼ + stars: | 2023-06-27 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Walgreens also reported adjusted earnings per share for its fiscal third quarter of $1, missing a Refinitiv forecast of $1.07. Roblox — The gaming platform popped 5.8% after Bank of America reiterated its buy rating, saying the stock is a leader in the Metaverse category. Meta Platforms — The big technology stock added 2% after Citi reiterated its buy rating. Frontier Communications — Shares rose 4.1% on the back of Wolfe Research initiating coverage of the stock at outperform. Saia — The transportation stock rose 6.7% on the back of Evercore ISI upgrade to outperform from in line.

Persons: Steve Burns, Lordstown, Generac, Aaron Jadgfeld, Kellogg — Kellogg, Goldman Sachs, Oppenheimer, Wolfe, Wells, Wells Fargo, Saia, Northcoast, Cars.com, Jesse Pound, Michelle Fox Organizations: Lordstown Motors Corp, Lordstown Motors, Walgreens, Delta Air Lines, Equity Investment, Bloomberg News, Investment, Royal, Bank of America, Citi, Nike, Frontier Communications, Wolfe Research, Energy, JPMorgan, Unity Software, ISI Locations: Lordstown , Ohio, U.S, Brookfield, Royal Caribbean, Texas

☆ Here are Tuesday's biggest analyst calls: Tesla, Micron, Roblox, Kellogg, Eli Lilly, Meta, Nike & more
▼ + stars: | 2023-06-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Roblox as buy Bank of America said Roblox is the "Metaverse" category leader. Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating on the stock. Bernstein reiterates Tesla as underperform Bernstein said it's not very optimistic that Tesla's entry into EV charging will help the company's margins. Bernstein downgrades Alibaba to market perform from outperform Bernstein said the set-up looks too challenging right now for Alibaba. Bank of America reiterates Analog Devices as buy Bank of America said the stock has "best-in-class free-cash flow generation and returns."

Persons: it's bullish, Roblox, Goldman Sachs, Kellogg, Goldman, Oppenheimer, Bernstein, Tesla, underperform Bernstein, it's, Wolfe, Alibaba, Wells, Evercore, Eli Lilly, Lilly incretin, Alex Kaleida, JPMorgan, Jefferies, Roper Organizations: Citi, Meta, Cannes, Lions, Bank of America, Nike, Disney, EV, Frontier Communications, JPMorgan, Micron, Unity, Software, Industry TAM —, Barclays Locations: NKE, China, Dallas

☆ Tesla is the most American car brand
▼ + stars: | 2023-06-21 | by ( Graham Rapier | ) www.businessinsider.com time to read: +1 min

Last year, Tesla only claimed the two top spots. Tesla may not have ads featuring American icons like the Wild West, bald eagle, or stars-and-stripes galore, but it's still the most American car brand, at least based on its manufacturing. The survey takes five primary factors into account: final assembly location, origin of parts, origin of engines, origin of transmissions, and manufacturing workforce. To qualify for a $7,500 tax credit, new EVs and their batteries must be mostly assembled in the US — something that's benefitting Tesla greatly so far. Tesla is set to receive billions in other credits, too, thanks to its early investment in manufacturing stateside as other automakers race to catch up.

Persons: Cars.com, Tesla, it's Organizations: GM, Chevrolet, Morning, Elon, Ford Locations: cars.com's

☆ I'm the 'Car Mom' and review family cars for a living. Here's my favorite models and why 100,000-mile vehicles shouldn't scare you.
▼ + stars: | 2023-06-20 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

Kelly Stumpe, also known as the Car Mom, has test-driven and toured 65 family cars. The problem with buying a family car is, it's not just a matter of: "I don't like the drive." It is not as simple as if it has a seatbelt, it can fit a car seat. In the Sequoia, I can only put it in the middle seat, so I could not have another child in this car who would still be in a car seat. It actually allows you to access the third row when a car seat is still installed.

Persons: Kelly Stumpe, Alexa St, Stumpe reevaluated, St . Louis, there's, I've, shouldn't, Joe Raedle, it's, Stumpe, It's, they're, I'm, Sienna Organizations: Morning, Toyota, Hyundai, Nissan, Ford Expedition, Toyota Sequoia, Leasing, Ford The Ford Expedition, General Motors, Honda, VW Locations: John, St, Louis , Missouri, St ., Florida, Hyundai Santa Fe, Autotrader, Edmunds, Yukon

☆ I'm a mom that's test-driven or toured 65 family cars — these are my favorite models and top tips for buying
▼ + stars: | 2023-06-17 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

☆ Cars.com consistently offers the highest price for used cars, says BTIG's Marvin Fong
▼ + stars: | 2023-06-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCars.com consistently offers the highest price for used cars, says BTIG's Marvin FongMarvin Fong, BTIG analyst, and CNBC Phil LeBeau, join 'The Exchange' to discuss a slowdown in used car sales, used car prices dropping lower, and growing availability for new cars.

Persons: BTIG's Marvin Fong Marvin Fong, CNBC Phil LeBeau Organizations: CNBC

☆ Best cheap car options in 2023
▼ + stars: | 2023-06-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

CNN —You’ve probably seen shocking headlines saying the average price of a new car has reached about $48,000, according to industry analysts like Edmunds.com. The Chevrolet Trax, with a starting price around $20,000, garnered compliments on a recent test drive. The 2023 Kia Rio was rated as the best overall value by Cars.com. “The Nissan Versa [with a manual transmission] is like sixteen and change, and that’s a really, really pretty nice car,” said Quiroga. “But if you’re if you’re willing to persist and stick to your budget, you absolutely can [find a good inexpensive car] if you can keep an open mind.”

Persons: CNN — You’ve, Ford Maverick, Ford “, ”, Tony Quiroga, you’re, Jane Ulitskaya, Kia Rio, Cars.com, Driver’s Quiroga, Zach Gale, ” Gale, Quiroga, Gale, “, it’s Organizations: CNN, Chevrolet Trax, General Motors, Trax, Chevrolet, Ford, Apple, Cars.com, Kia, Android, Ford Maverick XL, Co, MotorTrend’s, Nissan

☆ The sneaky way automakers are keeping car prices high
▼ + stars: | 2023-06-05 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Throughout the height of COVID, carmakers got used to getting high prices. Car companies have a new way of keeping prices up: limiting options on the dealer lot. Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots. But they got used to selling vehicles for high prices with minimal inventory on their lots. But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on.

Persons: carmakers, that's, Karl Brauer, We've, Brauer, Kelley, Ed Kim, Kim Organizations: Morning, Ford, General Motors, Deutsche Bank, Fort Locations: COVID, Fort Wayne

☆ Automakers are pausing factory lines to help keep inventory low and prices high
▼ + stars: | 2023-05-03 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Throughout the height of COVID, carmakers got used to getting high prices. But some carmakers might limit their inventory to keep supply down and prices up. Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots. But they got used to selling vehicles for high prices with minimal inventory on their lots. But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on.

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