are cars becoming too expensive?
604084
Are new cars simply becoming too expensive for many consumers? The average price of new car currently sits right around $32,200, $500 more than the average price spent on a vehicle this time last year. ... Consumers are buying more SUVs and pickup trucks, vehicles that carry higher transaction prices than smaller sedans.
1250064
Hybrid Purchase Price Often hybrid cars are more expensive than other cars. According to the most recent numbers, the average price of a hybrid is $4,650 more than a gas powered car. This is because they cost more to build.
51638
Why are luxury cars sold in China so expensive? Compared to auto markets around the globe, China's thirst for luxury vehicles only recently began to blossom. Along with this increase are two main reasons cars in China cost more $$$. The first is the higher profit margin that accompanies selling vehicles in China.
845429
Why Are Cars in South Africa So Expensive? ... In fact, cars in many other countries – and the costs of driving them – are more expensive than they are here. Nonetheless, hefty import taxes and the weak rand are continuing to push new car prices beyond the reach of South Africans.
254696
On top of that, depreciation can eat up the value of your luxury vehicle over the years. ... This means that after a few years, your luxury SUV may be worth less than half of what you bought it at. Regular SUVs from brands that don't depreciate as much, like Toyota, may only depreciate about 36%, for comparison.
436875
Cars are expensive in Finland, for example compared to Italy. There are several retailers selling used cars (ex. Kamux) as well as websites listing sale postings (Autotie, Nettiauto). You can find a fairly used car for a way better deal.
1383222
Car companies, too, spend enormous amounts developing new models. The price tag to develop a new vehicle starts around $1 billion.
616008
As Teslas are a luxury electric vehicle, they can generally be more expensive to insure than competing vehicles. This is because of the cost of their technology and parts.
189613
Volvo has terrible resale value in the US, same as any luxury brand besides maybe Lexus and Acura. If depreciation is a concern, I'd look at something like a MDX or RDX... they seem to hold their value quite well. You could also look at a used or CPO car to start with.
378547
Luxury cars have steep depreciation because owners likely trade them in when they become outdated and used car buyers don't want to pay a high premium on a dated model. Additionally, they are expensive to maintain and the high cost of ownership impacts resale value. This may well be.
399087
Yes some premium cars and luxury cars are built to last, but with most expensive things, slap a name brand on it and people have the right to hike up the price. ... All in all, yes some premium card and luxury cars can be worth your money if that is what you can afford and afford to maintain it.
1213179
Typically a new car will lose up to 40% of its value by the end of the first year and this figure could increase by up to 60% by the time the car is three years old.
284678
A lot of luxury German cars are expensive because if they were cheap, they wouldn't be the same product anymore. Brands like Mercedes-Benz, BMW, and now even Porsche offer lower priced models so that middle-class buyers have options, too, but the real brand value comes from exclusive vehicles at exclusive pricing.
533088
RC cars aren't necessarily a waste of money but it can be an expensive hobby if you buy the most expensive models and upgrade and customize your car. Anything that you enjoy spending time doing would not be considered a waste of money to most people.
664290
New cars currently in production will be very expensive to repair because the parts being made by the factor are needed to build new cars. That's part of it. The older a car is the less demand there will be for parts no matter where they come from.
803935
HRE is expensive because it's forged, custom-made to spec to your vehicle, and the price tag builds a reputation on your car lol! As for the race failures, it's all bad-hype. It is common sense that a small mass of material can only withstand so much punishment.
647524
Buying a car is expensive and it can be even more expensive if you live in a state that tacks on additional fees and sales tax. It can be significantly less expensive to own a car in certain states, such as Florida or New Hampshire, than in more expensive states like California or New York.