US Point-of-Sale EV Tax Credits: $580 Million Issued So Far
Imagine walking into a car dealership on a sunny Saturday morning, ready to finally make the switch to an electric vehicle (EV). As you discuss the price, the dealer smiles and says, “Let’s apply for your EV tax credit right now and reduce the price immediately.” This isn’t a dream
2022 Buick Enclave Diminished Value Case Study
Imagine you’re driving your shiny 2022 Buick Enclave, the epitome of comfort and style on four wheels. One unfortunate day, amidst the bustling city traffic, a sudden screech, and an unavoidable thud change everything. Post-repair, your once pristine Buick doesn’t just bear the invisible scars of the incident; it also
How Electric Vehicles Are Powering Down Your Electric Bill
Picture this: streets lined with cars that don’t make much noise and don’t spew smoke. These cars are part of why you might end up with a few extra dollars in your pocket at the end of the month, even if you don’t own one. Yes, we’re talking about electric
Auto Market Update Week Ending April 06, 2024
Once upon a recent week, the auto market, a vast expanse of shimmering metal and polished paint, buzzed with the gentle hum of transactions and exchanges. As dealers and buyers danced their delicate dance of negotiation and purchase, the numbers whispered the tale of an ever-evolving saga. The week ending
Auto Loan Insights for Buyers with Lower Credit Scores
In the vast world of auto financing, consumers with lower credit scores often find themselves navigating a confusing labyrinth. Recent findings by Open Lending spotlight a crucial roadblock: the lack of clear information and trust in the auto loan process. This journey, fraught with increased monthly payments and a high
Exploring the Reasons Behind Pickup Trucks’ Q1 Sales Decline
As the first quarter of the year wraps up, the auto industry finds itself at a fascinating crossroads. While overall new light-vehicle market sales have revved up by 5.6%, there’s an unexpected twist in the narrative: the giants of the road, our beloved pickup trucks, have seemingly veered off the