General

Key Points Overall, vehicle sales have had a positive uptick despite high price tags and interest rates Diminishing consumer power can potentially affect further sales this year onwards Car dealers and buyers need to be prepared for the uncertainties ahead of them There’s been a positive uptick in sales so far in 2023, and based on current estimates, it looks poised to keep going on this uptrend. In February, light vehicle sales saw an 8.5 percent increase (year-over-year), up 9.1 percent month-on-month from January; the … Read more

The Bank of America (BofA) noted that EV penetration hit an “all-time high” of 5.5 percent in 2022; sales had grown by 61 percent year-over-year (or 279,000 units) that’s helped by “robust growth” of 52 percent year-over-year (72,000 units) in the fourth quarter of 2022. With newer EVs planned to be released and the revision of the Inflation Reduction Act’s (IRA) “Clean Vehicle Credit” tax reliefs, it’s evident that EV penetration will increase over time. In fact, BofA believes that penetration rates will be up … Read more

Recent reports indicate that used car prices have seen an increase of 2.5% in January this year compared to December 2022. This occurred owing to high demand for used cars and in part due to “seasonal adjustment.” It’s still too early to predict if prices will see a slow rise or continue to fall as was initially forecasted, so buyers ought to ensure they do their homework before they finalize a purchase for a used car they want. If you’re considering owning a used luxury … Read more

With how car prices have been fluctuating lately, now might be a good time to consider buying yourself a car at a much more attainable price. It’ll still take a great deal of patience since prices haven’t dropped yet, but when it does, you’ll be really happy that you waited for that drop! If what we’ve said has you planning ahead for that long-awaited purchase, why not browse our list of the best used sports cars under 50k? You definitely won’t be disappointed with their … Read more

Are you a sports car enthusiast? If you are also a family man, looking for the right car might be tricky. You might need a reliable family daily driver, but you might also want something that goes fast and hard. Why compromise? Some sedans are oriented not only as great cars to drive and ride in but also provide a breathtaking experience in terms of acceleration and handling. We’ve helpfully compiled a list of some of the fastest sedans that money can buy this year. … Read more

All-wheel drive (AWD) remains a popular feature for the added traction to the car’s wheels, making it easier to handle when inclement weather can affect a car’s handling on the road. It’s no surprise that more automakers offer AWD in their cars, including budget-friendly and even luxury sedans. Thinking of getting one to handle the wintry roads of your city? Or maybe you’d want the better handling that AWD provides for some speedy cruising? You can’t go wrong with our list of the five best … Read more

It’s a brand new year, and with it comes a new lineup of cars to choose from. With various automakers cranking out improved versions of their popular models, it’s easy to feel rather overwhelmed with what you should spend your cash on. Despite SUVs’ prominence, the sedan market still sees a great deal of activity, no matter what size they might be. Are you looking for a midsize sedan of your own? Something that’s a good daily driver while having additional utility, perhaps? Consider this … Read more

What do you look for in a sedan? Do you prefer having a roomy cabin, a premium look and feel, and good performance traits? Even as sedans continue to wane in popularity in favor of the extensive utility of SUVs, you’ll still find some automakers continue to invest their time and effort to build not only luxuriant cars of an impeccable pedigree but also add numerous elements to make them feel that much better to drive in: be it additional comfort, extra tech features, or … Read more

We recently covered a sampling of cars with the best gas mileage, which included seven sedans and small cars that make every dollar count where fuel economy is concerned. But did you look at that list and then wonder to yourself, “Hey, why aren’t there any SUVs mentioned?” Well, you’re just in luck! If a sedan isn’t to your liking and much rather spend your money on something a little bigger and with some additional utility, then this list won’t disappoint. So let’s not delay … Read more

It’s been reassuring that the average price for a gallon of gasoline now sits at a low price of $3.18; remember when regular unleaded reached as high as $5.02 back in June? Having said that, the growing interest in a variety of hybrid cars, including electric vehicles (EVs) and plug-in hybrids (PHEVs), shows that there are still plenty of good reasons to invest in any of these fuel-efficient vehicles. Still, that’s not to say hybrids aren’t the only cars capable of saving you a lot … Read more