New passenger vehicle registrations in Europe (EU, UK, EFTA) increased by 18% in May 2023 to 1.1 million cars. In the European Union (EU) sales increased for the tenth consecutive month. Battery electric vehicle sales in Europe increased by nearly two-thirds to take a 15% market share. T...
Although the unexpected end of subsidies for electric cars in Germany at the end of 2023 placed a damper on the market, sales were not encouraged by continued high prices. Promises of cheaper electric cars from major manufacturers have not yet resulted in volume cars being market-ready, or lik...
Buying a car is more expensive in the short term. You have to pay interest on the entire cost of the car. You may have to pay more sales tax. You should make a large down payment. The car’s future value is unknown. The warranty will end.Buying...
Beyond that, nearly every used car dealership offers optional warranty protection to its customers during the sales process. Dealerships act as intermediaries that sell coverage from an automaker or aftermarket provider. Either of these ideas are generally considered a poor option because they are mark...
Both the Sonet and Venue prioritize safety, with features like dual airbags, ABS, and electronic stability control available across variants, providing peace of mind to first-time car buyers. Additionally, the extensive sales and service network of both Kia and Hyundai ensures easy access t...
However in our discussions with the company they were very assertive about providing the downsides of a policy that may or may not help you if your car breaks down. One other unique way CarShield conducts its business is that it uses a monthly payment payment structure. Instead of offering...
Use anauto loan calculatorto see what monthly payments may be like at different rates and loan terms. 3. Research the car’s value Conduct research to find the car’s value and jot down the following figures: Manufacturer Suggested Retail Price (MSRP):The suggested sales price set by the ...
it used to be the world of foreign luxury brands like BBA (Mercedes-Benz, BMW, Audi), but now a number of Chinese brands have gradually gained a foothold in this market. For example, domestic new forces like Li Xiang, NIO, and Xpeng are regulars in the top ten sales rankings in the...
The use of cash or bank loans to buy cars is long gone. More than 90 per cent of new car sales are based on a depreciation-based model, while almost half of second-hand sales use them as well. Under this arrangement, a consumer finances the amount of value the car loses over a per...
In September 2023, European (EU, EFTA, UK) new passenger vehicle registrations increased by 10% to 1,155,648 cars — the slowest rate of growth recorded this year. InSeptember 2022, total sales were 1,038,481, up from 965,595 inSeptember 2021. In comparison toSeptember 2020, when the ...