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Porsche EV’s $56K Depreciation After 2 Years Gives Buyer A Steal

Carscoops

While that’s a gut punch for sellers, it’s a jackpot for buyers looking to snag a six-figure electric Porsche on the cheap. Ouch for the Seller, Win for the Buyer We can’t help but feel bad for the individual who lost $56,000, or more than half of the original price, after just two years of ownership.

Buyer 115
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Hyundai Going Back To Physical Buttons Because American Buyers Don’t Like Touchscreens

Carscoops

Designers loved the new techy setups, but as Hyundai discovered, American buyers did not. I’m talking about the shift across the industry to replace traditional physical controls for functions like temperature selection with virtual buttons on a touchscreen.

Buyer 131
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MG previews new rugged CyberX SUV as it targets younger buyers

Autocar

These early images suggest MGs latest electric SUV will receive a more upright, boxy and rugged silhouette than its existing models andbe positioned more towards lifestyle-minded buyers. MG's Cyber sub-brand has been created to target younger buyers and is initially aimed at China. Rivals are expected to include the new Smart #5.

Buyer 110
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Jeep Dealers Beg Wagoneer S Buyers With Desperate Price Cuts

Carscoops

That’s bad news for both companies, but buyers can likely expect motivated dealers. While those numbers sound terrible, Wagoneer S sales weren’t far behind those of the Mustang Mach-E. Ford only sold 2,927 in Q1, which was a 40.2%

Buyer 100
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FTC Says 90% Of Buyers Paid $2,000 More Than Advertised At Stellantis, GM And Ford Dealer Group

Carscoops

Nearly 90% of buyers allegedly paid $2,000 more than advertised between 2020 and 2023. On average, buyers were charged an additional $2,000, often due to unexpected add-ons or fees, “Buying a car is a significant financial investment. The FTC and Maryland accused the Lindsay dealer group of deceptive pricing practices.

Buyer 116
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GM Will Penalize Corvette ZR1 Flippers By Punishing Second-Hand Buyers

Carscoops

Corvette ZR1 buyers must wait 12 months before reselling their cars or face penalties. Buyers who don’t wait will be blacklisted by Chevrolet and the second buyer loses warranty. The flagship Corvette ZR1 is almost here, and buyers are ready for it.

Buyer 111
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Buyers Beware These Used Cars Are Depreciating Faster Than You Think

Carscoops

Tesla Model S leads used car depreciation with a 17.2 percent annual value loss. Ford Explorer, BMW 5-Series, and Maserati Levante also suffered steep declines. Porsche Taycan owners lost an average of $13,422 over the past twelve months.

Buyer 99