The Decline in Used Electric Vehicle Prices: What It Means for Buyers

Significant Drop in Used Electric Vehicle Prices

For years, the prices of used vehicles, including electric models, have remained unusually high due to limited supply and high demand. Recent trends, however, show a marked decrease, with used electric vehicles (EVs) experiencing a substantial drop in value. While the average used car price fell by about 3% per month from April to June 2023, used EV prices plummeted by as much as 29.5% in June alone, reflecting a major shift in the market.

Factors Behind the Falling EV Prices

The sharp decline in used EV prices can be attributed to several factors. Firstly, the growing availability of new EV models has increased market competition, pushing down the value of older models. Additionally, concerns about battery technology and its environmental impact may be contributing to decreased demand for used EVs, as consumers weigh these issues against the benefits of newer alternatives. As more innovative battery technologies emerge, the current lithium-ion EVs are facing increasing scrutiny, influencing their resale values.

Implications for Potential Buyers

For buyers, the drop in used EV prices represents a significant opportunity to acquire electric vehicles at a lower cost. With prices falling dramatically, models such as the Tesla Model 3 and Nissan LEAF are now more affordable than before. However, prospective buyers should also consider the evolving landscape of EV technology and market dynamics to ensure they make a well-informed purchase decision.

#2371: Locating the Chee on Jody’s Honda : The Best of Car Talk

Jody’s mechanics can’t seem to fix her car and since she’s a practitioner of Eastern Medicine she’s considering plying her acupuncture talents in the hopes of helping her Honda. Tom and Ray try to help her locate the Chee on this episode of the Best of Car Talk. And if you want to listen to more Car Talk, sign up for Car Talk+ Car Talk+ is the easiest way for fans to access more than 800 Car Talk episodes, wherever you listen to podcasts. Find out more at plus.npr.org/cartalk or find the Car Talk channel in Apple Podcasts.

The Nissan Model with the Lowest Maintenance Costs May Surprise You

Understanding Nissan’s Maintenance Cost Performance

When choosing a vehicle, understanding long-term maintenance costs is crucial to avoid unexpected expenses. Although the Nissan Versa and Versa Note are known for their low purchase prices, they don’t hold the top spot for the lowest annual maintenance costs. According to RepairPal, the Nissan Rogue Select, an SUV from 2014-2015, actually leads with the lowest maintenance expenses among Nissan’s lineup.

Why the Rogue Select Outperforms the Versa

Contrary to the expectation that lower-cost models will have the cheapest upkeep, the Rogue Select stands out with its average annual maintenance cost of $436. This figure is notably lower compared to the Versa sedan’s $456 and the Versa Note’s $445. Despite being an older model, the Rogue Select’s reliability and minimal repair needs contribute to its impressive cost-effectiveness, making it a smart choice for budget-conscious drivers.

Bentley Bentayga EWB Mulliner Unveiled as the Brand’s Pinnacle Model

A New Benchmark in Luxury and Comfort

Bentley has introduced the Bentayga Extended Wheelbase (EWB) Mulliner as its latest flagship, offering unparalleled cabin space and bespoke luxury. This remarkable SUV, a luxurious evolution of the popular Bentayga, has been meticulously crafted by Bentley’s in-house coachbuilder, Mulliner, resulting in a vehicle that combines opulent design with cutting-edge features.

Under the hood, the Bentayga EWB Mulliner retains the 4.0-liter twin-turbocharged V8 engine, delivering 542 horsepower and 568 lb-ft of torque. Available in 4+1 or 4-seat configurations, it boasts the Airline Seat specification as standard—an advanced seating system with 12 electric motors and 22-way adjustments, enhancing comfort and personalization.

Distinctive Design and Sustainable Luxury

The Mulliner variant distinguishes itself with exclusive features, including Mulliner Harmony Diamond Quilt leather upholstery and deep-pile wool overmats. The cabin is adorned with Grand Black wood veneer, diamond-milled center console finishes, and environmentally friendly Olive Tan leather and recycled nylon carpets, emphasizing both elegance and sustainability.

Externally, the Bentayga EWB Mulliner features unique 22-inch wheels, a “Double Diamond” front grille, and satin silver and body-colored mirror caps. Optional upgrades, like the Mulliner Blackline Specification, offer a sleek, gloss-black exterior for a more understated look. With a performance capacity that allows it to accelerate from 0 to 60 mph in just 4.5 seconds, the new Bentayga EWB Mulliner promises both luxury and speed, though pricing details are yet to be announced.

Meet the Hilarious Chinese Electric G-Wagon Replica That’s Surprisingly Affordable

An Unconventional Twist on a Classic

For those who dream of a Mercedes G-Wagon but find themselves short on cash and off-road adventures, there’s a playful alternative: a Chinese electric replica of the iconic SUV. This quirky vehicle, featured in our weekly round-up of fascinating Alibaba finds, packs a surprising amount of charm into its compact frame.

Although it resembles a G-Wagon at first glance, a closer look reveals its unique origins. With a design that seems inspired by both Mercedes and Acura, this small electric car is just 2.9 meters long and weighs a mere 500 kg, making it as easy to park as it is to maneuver through tight spaces.

alibaba mercedes g-wagon

Quirky Features and Impressive Affordability

This electric G-Wagon replica boasts a top speed between 35 and 45 km/h (21 to 28 mph), depending on the load, and includes four seats—though it may struggle with a full complement. The “manual” air conditioning system, likely a folding paper fan, adds to the vehicle’s eccentricity, while the “frunk” serves as a rather minimalistic storage space.

Priced at just $2,200, the base cost is tempting, though it excludes batteries and requires a minimum order of three. Given past experiences, such as a $2,000 electric pickup truck from Alibaba that ultimately cost $8,000, be prepared for additional expenses and possible shipping delays. While this replica may be a fun and affordable curiosity, it’s wise to enjoy it from afar due to potential legal and logistical challenges.

Price Hike and Model Changes for the 2024 Ford Bronco

Significant Price Increase and Model Adjustments

The 2024 Ford Bronco is officially open for orders, but it comes with a few unwelcome surprises. The base model from 2023 has been discontinued, pushing the entry price up by nearly $4,000 for the new year. The new starting point is now the Big Bend trim, which, despite the price hike, offers additional features like a 12-inch screen and upgraded wheels.

Ford’s decision to drop the base model aims to streamline production and better match customer preferences. The Big Bend trim, now the starting point, comes with enhanced features including a larger 12-inch touchscreen, 17-inch wheels, and LED fog lamps. This change reflects Ford’s attempt to meet high demand and align the vehicle more closely with market needs.

Other Changes and Discontinued Models

In addition to the base model shift, the 2024 Bronco lineup sees several updates. The Badlands trim now includes a heavy-duty modular front bumper, while the Raptor version introduces new color options and body-color fender extensions. Unfortunately, the Bronco Sport base model is also being phased out, which may disappoint those interested in this smaller SUV.

With the ordering window now open, prospective buyers should act quickly. Given the recent price adjustments and the discontinuation of certain trims, securing a new Bronco might become even more challenging as demand continues to surge.

Discover the Legendary 1968 Ford Bronco U13 Roadster: A Rare Classic Pickup

The Allure of the 1968 Ford Bronco U13 Roadster

Vintage Ford Broncos are known for their cool factor, rarity, and steep prices, but none rival the exclusivity of the 1968 Bronco U13 Roadster. As the most elusive of the classic Broncos, only 26 of these models are known to exist today. With the classic Bronco’s soaring popularity, both new and vintage models have seen sky-high prices, but the U13 Roadster stands out as a particularly rare gem.

A Brief History of the Ford Bronco U13 Roadster

Introduced in 1965, the original Ford Bronco was available in three versions: the Wagon, the Half-Cab, and the Roadster. The Roadster, with its distinctive lack of doors and roof, was offered only until 1968 and was the least popular variant of the early Broncos. Among the 212 Roadsters produced in 1968, only a few remain, making this model one of the rarest and most sought-after vintage pickups.

The Legacy of the First-Generation Bronco

The first-generation Bronco, designed to compete with the Jeep CJ5, has a storied history shared with the Ford Mustang’s development team. Notable figures like Donald N. Frey and Paul G. Axelrad, along with the oversight of Lee Iacocca, were instrumental in its creation. While early models featured a modest 2.8-liter straight-six engine, the 1966 introduction of a 4.7-liter V8 showcased the Bronco’s evolving performance capabilities.

The Unique Charm of the Bronco Roadster

The Bronco Roadster’s unique design concept, eliminating the doors and roof, is almost unheard of in today’s automotive market. Despite the common body design across Bronco models, the Roadster’s lack of roof and doors made it less popular. Collectors highly prize genuine Roadsters, and verifying authenticity requires checking the VIN to ensure the model hasn’t been converted.

For enthusiasts and collectors seeking one of the rarest vintage trucks, the U13 Roadster represents a coveted find. Keep a sharp eye out, as more converted models may surface, adding to the current count of 26 known originals.

Ford Mustang GTD: A Game-Changer or Just a Luxury Splurge?

The 2025 Ford Mustang GTD: An Ambitious Addition

The Ford Mustang GTD, set to debut as a 2025 model, promises to push the boundaries of what a Mustang can be. While enthusiasts initially grumbled about the absence of a supercharged Shelby variant in the seventh generation, the GTD brings a new level of excitement. This high-performance, track-ready vehicle could either compete with elite contenders like the Porsche 911 GT2 RS or be seen as an extravagant move within the Mustang lineup.

Mid-Engine Myths and High-Tech Innovations

Although the Mustang GTD isn’t a mid-engine car in the traditional sense, its design incorporates advanced features like a dual-clutch transaxle and a carbon fiber driveshaft for nearly perfect weight distribution. The GTD’s supercharged 5.2L V8 engine, targeting 800 horsepower, will make it the most powerful Mustang to date. Its bespoke suspension system with variable, semi-active adjustments enhances its track capabilities, but at a price that places it outside the typical realm of road-going track cars.

Understanding the Mustang GTD’s Racing Roots

Named after the IMSA GTD class, the Ford Mustang GTD is inspired by racing technology used in Ford’s GT3 race cars. This model aims to blend race-car performance with street-legal features, making it a unique proposition in the Mustang family. Ford’s ambition is clear: to deliver a road car that incorporates the spirit of a race car, promising exceptional performance and a potential sub-seven-minute Nürburgring lap.

The Price of Performance

With an estimated starting price of around $300,000, the 2025 Mustang GTD is set to be the priciest Mustang ever. This hefty price tag raises the question of whether the GTD is a revolutionary leap in Mustang performance or an extravagant indulgence. As Ford ventures into this new territory, the Mustang GTD will undoubtedly spark debate among enthusiasts and collectors alike.

2023 Lexus LC 500: A Blend of Luxury and Performance Excellence

Unmatched Style and Power of the 2023 Lexus LC 500

The 2023 Lexus LC 500 sets a new standard for grand touring with its striking design and impressive performance. With a price range of $99,050 to $106,550, this luxury sports coupe catches the eye with its sleek lines and refined interior, powered by a robust V8 engine. While it also features a hybrid option, the LC 500 shines with its top-notch craftsmanship and exhilarating driving experience, though the infotainment system could benefit from an upgrade.

Driving Experience and Interior Comfort

Driving the Lexus LC 500 offers a thrilling mix of performance and luxury. The cabin, adorned with high-quality leather and Alcantara, provides a quiet, comfortable environment accentuated by the genuine roar of the V8 engine—eschewing synthetic sound enhancements. Although designed to impress with its sporty looks, the LC 500 excels more in long-distance comfort than in aggressive cornering, making it a superb choice for extended journeys.

Trim Levels and Technological Features

Selecting the ideal Lexus LC 500 model is simple, with the base version offering a wealth of standard features, including 20-inch wheels and LED headlights. For those who prefer an open-air experience, the convertible version is a great choice, while the hybrid model provides a stylish yet eco-friendly option. However, the vehicle’s tech interface, particularly the touchpad-operated infotainment system, could be more user-friendly, as it sometimes detracts from the overall luxury experience.

In summary, the 2023 Lexus LC 500 nearly achieves perfection as a high-end sports coupe, combining stunning aesthetics with powerful performance. It offers an inviting interior and thrilling drive, yet is slightly hindered by an outdated infotainment system, indicating that it is almost there.

2023 Ford Ranger vs. Honda Ridgeline: A Study in Contrasts

Comparing the 2023 Ford Ranger and Honda Ridgeline

While midsize trucks like the Ford Ranger and Honda Ridgeline are smaller than full-size pickups, they still offer robust capabilities for daily driving and light towing. Both models feature practical cargo spaces, yet their appeal differs, with the Ridgeline currently experiencing a surge in popularity compared to the Ranger. Despite their differences, the Ridgeline’s growing sales highlight its unique advantages over the Ranger, especially in terms of comfort and features.

Honda Ridgeline’s Rising Popularity

Recent sales data reveals a notable increase in the Honda Ridgeline’s popularity, with over 4,000 units sold in July and a total of 31,605 units for the year. This represents nearly a 33% growth compared to the previous year, despite minimal design changes. The Ridgeline’s success is attributed to its well-rounded features, including a smooth ride and practical design elements like its in-bed trunk and multi-function tailgate, despite its modest towing capacity and lack of off-road trims.

Challenges and Opportunities for the Ford Ranger

In contrast, the Ford Ranger has seen a dip in overall sales, with a 25% decrease year-to-date despite a small increase in July. The Ranger boasts a powerful turbo-four engine and impressive towing capacity but struggles with its body-on-frame ride quality and limited standard technology features. Upcoming models, including the highly anticipated Ranger Raptor, which promises advanced off-roading capabilities and a powerful twin-turbo V6, could rejuvenate interest and compete more effectively against the Ridgeline’s growing appeal.

What Lies Ahead

As the 2024 Ford Ranger Raptor and next-gen Honda Ridgeline approach their market releases, it’s uncertain which model will capture more attention. While the Ridgeline’s current success underscores its appeal, the Ranger’s anticipated upgrades could shift the balance. For now, the Ranger’s ability to revitalize its market position will be crucial in balancing the competitive landscape of midsize trucks.