Used Cars
Climate Bill ‘Transformative’ for Auto and Energy Industries
Making electric cars more affordable. For the auto industry, one of the most important provisions in the climate bill would eliminate a cap on how many cars from each manufacturer are eligible for a $7,500 tax credit that taxpayers get for buying electric vehicles. Currently, the credits are phased out after a manufacturer has sold […]
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Few Cars, Lots of Customers: Why Autos Are an Inflation Risk
Mr. McCabe does not think that car inventory will ever fully rebound: Dealers and automakers have learned that they make more money by effectively making cars to order and running with leaner inventory. If that’s the case, the permanently restrained supply could have implications for the rental and used car markets. If car prices keep […]
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Car Prices Rose More Slowly In January, But New Disruptions Loom
Want an optimistic take on the troubling January inflation report? Look at what’s happening with cars. Want a pessimistic take? Look at what’s happening with cars. New-car prices have skyrocketed over the past year, rising 12.2 percent as supply-chain disruptions and other issues have made it hard for manufacturers to keep up with strong consumer […]
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Supply Chain Problems Mean Buying a Car Sometimes Takes a Plane Ride
When Rachael Kasper started shopping for a new car in August, she had her heart set on a Ford Escape plug-in hybrid. The problem was that Ford hasn’t made many of them this year because of a computer chip shortage that has slowed auto production around the world. Ms. Kasper first came up empty in […]
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Leasing a Car? Here’s Why You Can Get a Good Deal if You Buy.
For drivers with leases, the gap between the projected price and current market price may be substantial. The auto search website iSeeCars recently compared current prices for three-year-old cars and estimated buyout values of new models leased in 2018 and found that the average car may be worth 36 percent more than the value estimated […]
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