New cars articles
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Carvana Expects New Car Production to Boost Used Car Sales
Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and that will probably bode well,” Carvana CEO Ernest Garcia III told reporters Tuesday (May 14) at an Automotive Press Association event near Detroit, Bloomberg reported Tuesday. Online car shopping guide Edmunds said in April that new […]
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CA Finds New Ways to Tax You Out of Your Car
California is considering changing how they tax drivers in the name of highway repairs.
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New Car Prices Creep Back Up After Months of Hibernation
After months of declining, new car prices ticked up last month. The average transaction price was $48,510 in April. Mainstream models now cost an average of $44,989. New car prices are climbing once again as the average transaction price jumped 2.2% to $48,510 in April. The figure reverses months of declines, but it’s important to note the number is still down 0.5% on a year-over-year basis. That’s little consolation to buyers and Kelley Blue Book also found new vehicle incentives dipped. In...