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☆ There's only one new car for sale for less than $20,000
▼ + stars: | 2024-09-23 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Nissan announced that the 2025 Versa subcompact sedan will start at $17,190. It will be the cheapest new car on sale in the US and the only one to start under $20,000. The 2025 Versa comes standard with a 122-horsepower four-cylinder engine and a manual transmission. AdvertisementThe cheapest new car for sale in America is about to get more expensive. That's $500 more than before but still cheap enough to claim the title of cheapest new car on the market.

Persons: —, Kia Forte Organizations: Nissan, Service, Mitsubishi, Business Locations: America

☆ Whatever happened to the two-door car?
▼ + stars: | 2024-04-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

There are still two-door cars today, of course, but they’re almost all high-performance sports cars not intended for comfortable cruising. For car designers, two-door models can offer more striking proportions to play with, long hoods that evoke power and tapered, aerodynamic back ends. Today, it’s rare to see a two-door car that isn’t a performance model like the Mustang or Corvette. Today, if you have a two-door car and you have kids, you also have a backache. While some two-door cars used to be bargain items – the cheapest entry-level cars were almost always two-door hatchbacks – today two-door models are seen mostly in European luxury car showrooms.

Persons: Ricardo Montalbán, Brian Rabold, Bob D'Olivo, ”, Kevin Kirbitz, who’s, “, Rabold, ” Rabold, Scott Krugger, Kia Rio, You’ve, Gorden Wagener Organizations: CNN, Chrysler, Network, Riviera, GM, Ford Thunderbird, Chevrolet Corvette, Thunderbird, Ford, Stellantis’s Dodge, Nissan, Cox Automotive, BMW, Audi, Mercedes, Benz, American Mercedes Locations: Chrysler Cordoba, Cordoba, United States, American

☆ Florida anger management therapist accused of murdering a homeless man after a dispute, say police
▼ + stars: | 2024-01-27 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Travis McBride, 46, is accused of fatally shooting homeless man Clinton Dorsey. The victim's body was found stashed in the trunk McBride's car, the state attorney office said. AdvertisementTravis McBride, a 46-year-old therapist specializing in anger management, was charged with alleged first-degree premeditated murder and tampering with physical evidence, NBC News reports. Authorities in DeLand, Florida, took McBride into custody on Thursday in connection with the death of 51-year-old homeless man Clinton Dorsey. "The defendant is accused of shooting a man multiple times off of Frankfort Avenue in DeLand on January 17, 2024.

Persons: Travis McBride, Clinton Dorsey, —, McBride, Dorsey, McBride's, R.J Organizations: Service, NBC, Authorities, DeLand Police, DeLand Police Department, NBC News, State Attorney, Judicial Circuit, Police, Mental Health, Business Locations: Florida, DeLand , Florida, Volusia County, DeLand, Frankfort

☆ Only one car model sold for under $20,000 in July — but experts say vehicle prices are stabilizing
▼ + stars: | 2023-08-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Even as prices improve, there was only one car model sold below $20,000 in July. Today, that's not the case, but experts say buyers might see some relief from sky-high car prices soon. The only car model that sold below $20,000 last month was the Mitsubishi Mirage, transacting for an average $19,205, according to Kelley Blue Book. Now, it's challenging to find a ride in the $20,000 price range even if a shopper is considering used. They hit $53,469 in July, down nearly 18% less from $65,108 one year ago, per Kelley Blue Book.

Persons: that's, Kelley, Kia Rio, COVID, That's, Rebecca Rydzewski Organizations: Mitsubishi Mirage, Toyota Corolla, Nissan, Cox Automotive

☆ Most cars still cost more to charge than to fill up with gas
▼ + stars: | 2023-08-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

While charging and fueling trucks cost the same, other cars and their electric counterparts differ. It's not yet cheaper to charge some electric cars than to fuel them with gas, a new study suggests. It's not yet cheaper to charge many electric cars than it would be to fuel their gas-powered counterparts up with gas, a new study indicates. Trucks cost about the same to fuel and charge, while entry and midlevel cars and SUVs cost more to charge at home and in public than they do to fuel at a gas station, the group found. Luxury-segment EVs may cost less to charge at home than their gas counterparts would cost to fuel.

Persons: Kelley, that's, Kia Forte, it's, Bolt, Kia, Kia EV6 Organizations: Anderson Economic, Trucks, Ford Trucks, Ford, Chevrolet Silverado, GMC, Chevrolet, Nissan Versa, Hyundai, Nissan, Mercedes, Benz, Lexus, Porsche Macan, Porsche, Volkswagen, Nissan Altima, Subaru

☆ 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

☆ New cars are crazy expensive but, if you’re careful, they don’t have to be
▼ + stars: | 2023-02-11 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

Yet the average sticker for base models, adjusted for inflation, has actually gone down a little — even as consumers have shifted from sedans to more expensive SUVs. That’s good news for drivers willing to go no-frills: If you don’t want to pay lots of a new car, you don’t have to. It has a base price of $15,730. These base price models may not make much money, if any, for automakers. The average price of a GMC Sierra 2500 HD, as sold, is now double the base price.

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