Key Points There are signs of potential issues in the used car market. Margins and GPUs for used cars are starting to miss expectations, which could indicate a weakening in this part of the market. People falling behind on car payments have a significant rise Profit margins from parts and services like repairs and maintenance are holding up well. This a positive sign for dealers. US auto dealers are currently making more profit than expected Concerns in the Used Car Market Recent reports have highlighted … Read more

When it comes to car shopping on a budget, opting for a used sedan can be a smart choice. Not only can you save money by avoiding the initial depreciation that comes with buying a brand new car, but you can also find models that offer great technology and features despite being a few years old. In this article, we’ll explore the best sedans under 20K that provide a perfect blend of affordability and elegance. 1. 2018 Honda Accord The 2018 Honda Accord takes the … Read more

When it comes to finding the best SUV under $20,000, the used car market can be a treasure trove of affordable, practical and reliable options. Despite the challenges of fluctuating prices, there are still great deals to be found. Depending on your specific needs, from a spacious family vehicle, to a capable off-roader, or a fuel-efficient crossover, there’s something for everyone in this list. We’ve curated the top 10 SUVs under $20,000 for 2023, combining insights from various trusted sources to bring you a comprehensive … Read more

Key Points EV sales exceeded 300,000 units as per industry estimates, a 49.8 percent increase from the same period last year. EV outlook is looking grim as demand weakens, prices continue to fluctuate, and interest rates remain at alarmingly high levels. Reductions in EV investments and production slowdowns may have effects in 2024. As reported by Cox Automotive, EV sales for the third quarter of 2023 have surpassed expectations, reaching a total of 313,086 units sold. This equals a 49.8 percent increase from the same … Read more

As car enthusiasts, it’s hard not to be in constant awe of the power and performance that some of the best V12 engines bring to the table. These engines, with their twelve cylinders arranged in a V-shape, have become synonymous with luxury, exhilaration, and even cool confidence. Most of these V12 cars come with extravagant price points that make them unattainable for the average Joe, but even being able to see one in the flesh can make for quite a memorable experience. Rare though such … Read more

The V12 engine symbolizes a cornerstone in engine development, where two straight-six engines are joined together through a common crankshaft. Able to deliver remarkable smoothness, refinement, and sheer power, a V12 is the ultimate choice for those seeking a truly extraordinary driving experience. While V12 cars are often associated with luxury and exclusivity, with price points well above the 80k mark, there are hidden gems out there well worth their asking price. Here are the 5 cheapest V12 cars you can get your hands on … Read more

In recent years, The automotive industry has shifted towards more efficient engines and battery-electric vehicles (BEVs), the latter seeing significant growth since the first EVs were introduced. However, for those who appreciate the raw power and the thrilling thrum of a V8 engine, there are still various options available today. We’ll explore the five best V8 sedans of 2023 that offer a sizzling amount of power under the hood. How We Rate Cars Reliability We make a point to get feedback from current and previous … Read more

Key Points September saw promising auto performance despite the UAW strikes, but this might not carry over into October The UAW has expanded strikes to a new Ford plant, with a high likelihood the strikes will last longer than was initially expected Consumer spending is still fluctuating and may trend lower as they buckle up for the rough times ahead Despite the UAW strike that’s still happening, it’s still too early to say how much of an impact it will have on the auto industry … Read more

If you’re new to car-buying, you might have encountered the term “car model trim” in some car reviews you’ve read. These trims can be considered “variants” of a car model with different features and equipment. “Higher” trims will usually have plentiful additions to go with the car, but that also means you’ll have to pay extra for all these goodies. Is it really worth buying the highest car trim, then? Car Trim Levels For the most part, each manufacturer has a varying number of car … Read more

Even with the shift toward sustainability and fuel efficiency, the popularity of the formidable V6 engine has remained relatively untouched. For car enthusiasts who appreciate the superb performance a V6 offers, there are various options available to you that are both performant and affordable. You’ll be plenty satisfied with our list of the cheapest V6 cars you can buy in 2023. How We Rate Cars Reliability We make a point to get feedback from current and previous drivers and ratings from reliable sources like Consumer … Read more