You can lease a Polestar 2 for under $200/month
The Polestar 2 is a new sedan from Polestar, Volvo’s electric spin off brand. The brand us currently offering aggressive EV incentives along with a limited time incentive from Costco that could take your payment to as low as $190/month before tax. Let's dive in to how to get this deal.
The Tesla Cyber Truck will depreciate like every other Tesla
The Tesla Cybertruck came out as one of the most hyped vehicles of the past decade, and immediately drew celebrity status. The first models to be resold on online auctions saw prices well over MSRP, in some cases selling for more than double what the original owner paid. However, this trend is not likely to continue. The Cybertruck is meant to be a mass market vehicle, and I am confident in the next 6-12 months we will start seeing second hand cars sell for below MSRP and the depreciation that impacts other EVs will hit the Cybertruck.
Deal Alert: The Kia EV6 is One of the Best Lease Deals Available Now
Kia has been aggressive in moving its electric cars, and is currently offering very attractive discounts on its EV6 model. You can expect to pay as low as $250/month for a car with a MSRP over $50k - a phenomenal deal in this market.
Takeaways from the New York Autoshow
I had the chance to attend Thursday’s media day at the new york international autoshow and there were quite a few exciting developments that I want to share with you, lets jump in
The RAM TRX is Finally Getting Discounted
Over the past 2 years the RAM TRX has been one of the hottest trucks on the market, but we are finally seeing production catch up with demand and dealers are removing markups and instead starting to discount the car. How much of a discount can you get? Let's dive in.
Deal Alert: The Audi E-Tron is offering over 25% off MSRP
Audi has been very aggressive recently with incentives and dealer discounts on the Audi E-Tron GT. We are seeing people get lease deals of up to 30% off MSRP and leasing cars for well below the 1% target monthly rate. This seems to be one of the best car deals you can get right now and a great deal for someone looking at luxury EVs.
The Wrangler 4XE is the best lease deal on the market
Jeep has been very aggressive in its discounting of Sport and Sahara trims of the Wrangler to start the year, and we are seeing lease deals as low as $260/month before taxes for cars with MSRPs in the $55,000 and up range. This is a great opportunity to take advantage of incentives and federal rebates to get a great deal on a Wrangler lease
Leasing a new Ford Bronco is unaffordable
The new Ford Bronco came out more than 2 years ago, but inventory at dealerships is still low and some models, especially the 2 door, still have a markup over MSRP. The high prices along with a complete lack of incentives from Ford leads to a poor leasing environment for this car, with some dealers quoting lease prices above what financing would cost on the car. I want to dive into some alternatives if you are looking to lease an off road SUV.
The Hummer EV is not going to be a good deal anytime soon
If you are looking to buy a Hummer EV, you will most likely be paying above MSRP for at least the remainder of the year. As EV production is ramping up and EV prices are dropping, the Hummer seems to stand out as one of the few EVs that is unable to scale production or see dealer markups go away. Lets find out why the Hummer EV is not getting any cheaper.
It Does Not Make Sense to Buy a Used Ford Ranger
The new Ford Ranger has had some of the most resilient used car prices of any recent car, especially a relatively cheap pickup truck. While usually I am a supporter of buying 2-4 year old cars to take advantage of your typical 30% depreciation, in the Ford Ranger case it does not make any sense to buy a used car and you might as well buy a new car.
Deal Alert: You can get a great deal on a Mercedes EQS lease
I have been looking at car forums and I am starting to see a big uptick in attractive deals that people are getting on the Mercedes EQS sedan and SUV. I wanted to share some of the prices you should target when negotiating and why you are seeing this great price
Fun Car Fridays: 1990s Bentley Tubo R
As part of my research process I spend a lot of time on car auction sites looking at listings. I want to highlight some of the ones that I think are interesting and showcase good value. This week it was a 1991 Bentley Turbo R
Why are Grand Cherokee 4XE so expensive to lease?
I was recently looking at some pricing on leasing the brand new plug in Jeep Grand Cherokee and was surprised to see that most cars are leasing in the 700s, even after the $7,500 federal rebate, so I wanted to know - why are they so expensive?