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Toyota Prius is selling for more than MSRP. Is it worth the price?
Car pricing comes down to supply and demand, and right now, shoppers are demanding more fuel-efficient vehicles to deliver financial relief. As a result, the market is seeing incentives evaporate on many small, thrifty vehicles. Likewise, used-car prices on small models have risen, and trade-in...
Flood cars may be flooding the market soon
After a winter of heavy snowfall followed by a wet spring in much of the country, many Americans are bracing for, or already faced with, flooded neighborhoods and properties. While the water will eventually recede, some of its damage will linger for months or even years. Specifically, car...
Consumers researching more fuel-efficient cars
With gas prices rising, consumers are reacting by looking to buy a more fuel-efficient car. We decided to confirm that typical trend by finding out which vehicle model pages were the most popular at ConsumerReports.org in November 2010 compared to the models people were looking at in April 2011 and...
Hertz makes new bid for car rental company Dollar Thrifty
In a move to beat out rival Avis, car rental company Hertz, raised its offer for Dollar Thrifty Automotive Group. Hertz’s previous offer was turned down by Dollar Thrifty last September. Instead, Dollar Thrifty shareholders favored a counter offer from Avis. The Avis offer was $45.79 in cash and...
How higher gas prices impact that appeal of car downsizing
In our recent examination of whether it makes sense for consumers to downsize to a smaller vehicle to combat high gas prices, we looked at real-world numbers to illustrate the decisions consumers are faced with and reveal their impact. Unfortunately, gasoline prices have continued to climb. So, we decided...
TCC’s Top Rated Vehicles Under $20k
Interested in getting the best vehicle for well below today’s new-vehicle average of about $28k? If so, you’ll need to do some smart shopping; and that early stage of car shopping can be exciting yet a little overwhelming if you simply Google reviews for a model. As you pore over specs,...
Lessons in car downsizing
With fill-ups approaching $80 a tankful for big vehicles in many places, a lot of large sedan, SUV, and truck owners are thinking about cutting their losses and buying something smaller to ease the recurring pain at the pump. After crunching the numbers on various real-world scenarios in previous blog...
April car sales: Car buyers look to small cars as gas prices rise
With the aftermath of the Japan tragedies and gasoline prices increasing, automakers faced serious challenges selling cars in April. However, the latest numbers show that sales are higher this year than 2010 mostly due to increased interest in fuel-efficient models. While most manufacturers posted an...
Downsizing: Choosing a used car to save gas and money
As we’ve seen in earlier installments of this car downsizing series , trying to save money by trading in your aging gas-guzzler on a new, more fuel-efficient car may not deliver the instant savings you crave. The reason being, the depreciation on a new car can more than wipe out the savings from...
Downsizing: Right-sizing the sedan fuel bill is no easy challenge
When it comes to downsizing, it’s not just SUV owners feeling the pain of high gas prices at the pump today. Many large sedan owners also feel the drive to reduce their operating costs, and our analysis shows there are real ways to save, if you avoid the pitfalls. Jesse Toprak, a pricing and sales...
New car prices: GM and others are raising the roof
If you’re shopping for a new car, be prepared to shell out more dough. General Motors recently announced that effective May 2, the price of most new GM vehicles will go up by 0.4 percent—an average $123—due to the higher cost in oil and metals. The move follows recent price hikes by...
Beware of car dealer loan rate markups
If you’re relying on a dealer loan to finance your next car, you could end up paying hundreds of dollars more than if you financed elsewhere. A study by the Center for Responsible Lending found that dealers mark up auto loan rates an average of 2.47 percentage points, adding $714 to the loan....
2011 NY Auto Show: 2012 Honda Civic Pricing
The all-new Honda Civic is set to hit dealerships this week, just as it debuts at the New York auto show. Civic pricing will start at $15,600 and goes up to $26,750 for a load hybrid model. We had an early preview the other day when Honda engineers brought the eight-generation Civic line up to our Auto...
Resurgence of car leasing may not be good thing
Despite reports in 2008 that car leasing was all but dead, leasing has made a comeback , as consumers try to cram every bit of car into a relatively low monthly payment. But just because leasing is popular again doesn’t mean it’s a good thing. Leasing generally is the most expensive way...
Japanese earthquake aftermath: Automakers continue to build cars, but at a reduced rate
Four weeks after the devastating earthquake and tsunami in Japan, automakers are still struggling to get back to normal operations. After weeks of plant shutdowns, operations have resumed in many areas, but output has been reduced. Here are the details: Toyota has announced production at their Japanese...
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