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Dealer Profit Margins On Dodge Charger Daytona EV Are Pretty Lucrative

Carscoops

Cars Direct claims dealers could pocket $3,246 based on the difference between the invoice price and MSRP. That compares with an invoice-to-MSRP difference of just $607 on a 2023 Challenger SXT, which sounds very low, although dealers also get deals from automakers and may often pay below invoice for a car.

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Leasing A VW ID.4 For $190 May Make You Rethink That Tesla Model Y

Carscoops

4 to lease is the base Standard trim, carrying an MSRP of $39,735 and capped at 10,000 miles per year. 4 models have 0% APR for 72 months. Previously, the APR had only been 0% for the Standard and S RWD models. APR / 72-month financing deal on the ID.4 4 S Plus to this new 0% APR could represent a saving of up to $12,300.

APR 98
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2024 Lucid Air Grand Touring Charges Faster, Now Starts At $109,900 [EMBARGO APR 17 9:00 a.m. ET]

Carscoops

While the improvements are subtle, they will no doubt be welcome as prices for the model now start at $109,900, which is down from an MSRP of $125,600 in January. The Lucid Air Grand Touring is borrowing a few tricks from its siblings’ to become more efficient than ever in 2024.

APR 105
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New Car Buyers Taking On $1,000+ Monthly Payments At Alarming Rates

Carscoops

The average price of a new car in America stands at $48,000 this year, but what matters to buyers isn’t the MSRP or transaction price of their new vehicle, it’s the amount of cash that leaves their bank every month to pay for it. Monthly payment $736 $548 Amount financed $40,713 $28,097 APR 7.1 percent APR loans.

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Average New Car Cost $48k, But Buyers Only Want To Spend $35k

Carscoops

Car shoppers in 2018 enjoyed incredibly low interest rates that made loans more affordable, and dealers were offering big incentives so transaction prices routinely fell well below MSRP. But in 2024, incentives are harder to come by – although they are creeping back – and interest rates are much higher. percent, Edmunds says.

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Kia Tries To Woo Tesla Owners With Discounts

Carscoops

Read: Kia Holds Off Full-Scale US Production Of EV9 As It Awaits Local Batteries Additionally, Kia is promoting all 2024 models of the EV6 with 0% APR for up to 72 months, along with lease cash of up to $14,600 in select states like California, Oregon, and Washington.

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Dodge Charger Daytona EV Shamed By A Family Crossover

Carscoops

The Charger’s transformation into an EV hasn’t exactly been met with universal applause, and early sales reflect that sentiment with some dealers already letting them go for well below MSRP. The Charger appears to be the entry-level R/T version rather than the flagship Daytona Scat Pack.

APR 102