Car price – Lancia Data http://lanciadata.com/ Fri, 30 Sep 2022 11:43:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://lanciadata.com/wp-content/uploads/2021/07/favicon-24-150x150.png Car price – Lancia Data http://lanciadata.com/ 32 32 Global Low-Speed ​​Electric Vehicle Market Report 2022: Rising Fuel Costs Support Industry Growth – ResearchAndMarkets.com https://lanciadata.com/global-low-speed-electric-vehicle-market-report-2022-rising-fuel-costs-support-industry-growth-researchandmarkets-com/ Fri, 30 Sep 2022 11:43:00 +0000 https://lanciadata.com/global-low-speed-electric-vehicle-market-report-2022-rising-fuel-costs-support-industry-growth-researchandmarkets-com/ DUBLIN–(BUSINESS WIRE)–The “Global Low-Speed ​​Electric Vehicle Market Report 2022” report has been added to from ResearchAndMarkets.com offer. The global low-speed electric vehicle market is expected to grow from $4.59 billion in 2021 to $5.21 billion in 2022 at a compound annual growth rate (CAGR) of 13.5%. The low-speed electric vehicle market is expected to reach […]]]>

DUBLIN–(BUSINESS WIRE)–The “Global Low-Speed ​​Electric Vehicle Market Report 2022” report has been added to from ResearchAndMarkets.com offer.

The global low-speed electric vehicle market is expected to grow from $4.59 billion in 2021 to $5.21 billion in 2022 at a compound annual growth rate (CAGR) of 13.5%. The low-speed electric vehicle market is expected to reach $8.20 billion by 2026 at a CAGR of 12.0%.

North America was the largest region in the low-speed electric vehicle market in 2021. Regions covered in the low-speed electric vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. .

Rising fuel costs are expected to drive the growth of the low-speed electric vehicle market in the future. Fuels are substances that provide chemical or thermal energy when burned. This energy is needed to perform various tasks and is either used in its natural state or converted into a usable form of energy using machines. Due to the growing demand for vehicle fuel and supply chain issues precipitated by Russia’s invasion of Ukraine, the cost of fuel is increasing day by day, creating an opportunity for automakers to electric vehicles.

For example, according to the report published by the BBC (British Broadcasting Company), a UK-based broadcasting network, in February 2022, the cost of petrol reached 148.02 pounds per liter ($1.869 per liter) , while diesel reached a new record high of 151.57 pounds per liter ($1.914 per litre) in the UK, representing a significant increase over the price of petrol of 140 pounds ($1.76 ) in September 2021 and at a diesel price of 144 pounds ($1.81). Thus, rising fuel costs are driving the demand for the low-speed electric vehicle market.

Product innovations have become the key trend gaining popularity in the low-speed electric vehicle market. Major companies operating in the low-speed electric vehicle market are focusing on developing technologically advanced products to strengthen their position in the market. For example, in May 2022, Odysse, an electric vehicle company based in India, launched a new electric scooter with a sealed battery and motor. With the help of research and development, this would improve the durability of the electric vehicle and significantly reduce maintenance and repairs for customers. The newly launched scooter comes with two IP 67 water resistant certified battery options, allowing 150 km of continuous ride on a single charge.

In August 2021, Kaixin Auto Holdings, a Chinese supplier of used luxury cars and new imported cars, acquired Henan Yujie Times Automobile Company Limited for an undisclosed amount. The acquisition marks Kaixin’s official entry into China’s small electric vehicle market, which is expected to reach 10 million vehicles in the next 5 years, according to Yujie. Henan Yujie Times Automobile Company Limited is a China-based electric vehicle manufacturer specializing in small-sized multi-function electric vehicles.

Scope

Covered markets:

1) By type of vehicle: electric golf cart; Electric personal utility vehicle; Low-speed electric off-road vehicle; Low-speed electric heavy vehicle

2) By Battery: LSEV Lithium-Ion Battery; LSEV lead-acid battery; Other batteries

3) By voltage: 24 V; 36V; 48V; 60V; 72V

4) By application: personal use; commercial use; Public services

5) By the end user: golf courses; Hotels and resorts; Touristic destination; Airports; Residential and commercial premises; Other end users

Main topics covered:

1. Summary

2. Features of the Low-speed Electric Vehicle Market

3. Low-speed Electric Vehicle Market Trends and Strategies

4. Impact of COVID-19 on low-speed electric vehicles

5. Low Speed ​​Electric Vehicles Market Size and Growth

6. Low Speed ​​Electric Vehicles Market Segmentation

7. Regional and Country Analysis of the Low-speed Electric Vehicles Market

8. Asia-Pacific Low-speed Electric Vehicle Market

9. Chinese low-speed electric vehicle market

10. India Low Speed ​​Electric Vehicle Market

11. Japan low-speed electric vehicle market

12. Australia Low Speed ​​Electric Vehicle Market

13. Indonesia Low Speed ​​Electric Vehicle Market

14. South Korea Low-speed Electric Vehicle Market

15. Western Europe Low Speed ​​Electric Vehicle Market

16. UK low-speed electric vehicle market

17. German low-speed electric vehicle market

18. French low-speed electric vehicle market

19. Eastern Europe Low Speed ​​Electric Vehicle Market

20. Russian low-speed electric vehicle market

21. North America Low Speed ​​Electric Vehicle Market

22. US low-speed electric vehicle market

23. South America Low Speed ​​Electric Vehicle Market

24. Brazil low-speed electric vehicle market

25. Middle East Low Speed ​​Electric Vehicle Market

26. Africa Low Speed ​​Electric Vehicle Market

27. Low-speed Electric Vehicles Market Competitive Landscape and Company Profiles

28. Key Mergers and Acquisitions in the Low Speed ​​Electric Vehicles Market

29. Low-speed Electric Vehicle Market Future Outlook and Potential Analysis

30. Appendix

Companies cited

  • AGT electric cars

  • Bintelli LLC

  • Bradshaw Electric Vehicles

  • Renault group

  • HDK electric vehicles

  • Ingersoll Rand Inc.

  • Ligier Group

  • Polaris Inc.

  • Renault group

  • Shandong Shifeng Group Company Limited

  • Electrical circuit

  • textron inc.

  • Yamaha Motors Company Limited

  • Hitachi Automotive

  • Honda Motor Company Limited

  • ICON electric vehicles

For more information on this report, visit https://www.researchandmarkets.com/r/qvagp7

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Live Updates: OECD Lowers Global Forecast, Predicts Full-Year Recession in Europe https://lanciadata.com/live-updates-oecd-lowers-global-forecast-predicts-full-year-recession-in-europe/ Mon, 26 Sep 2022 11:16:03 +0000 https://lanciadata.com/live-updates-oecd-lowers-global-forecast-predicts-full-year-recession-in-europe/ On Monday, we’ll look at the fallout from Italy’s rightward turn after the end of a dismal election campaign. The Financial Times started early with a great read on what a far-right administration means for the rest of Europe. We also have elections in Latvia, Bulgaria, Kuwait and Bosnia and Herzegovina this week. But the […]]]>

On Monday, we’ll look at the fallout from Italy’s rightward turn after the end of a dismal election campaign. The Financial Times started early with a great read on what a far-right administration means for the rest of Europe.

We also have elections in Latvia, Bulgaria, Kuwait and Bosnia and Herzegovina this week. But the big one will be Sunday with the first round of the Brazilian presidential election. The favorite in the race is former left-wing president Luiz Inácio Lula da Silva, but incumbent Jair Bolsonaro is far from out of the running. Tensions are high.

A smaller but still meaningful ballot takes place on Thursday, when the City of London Alderman will decide the next Lord Mayor. This largely ceremonial role will be essential in promoting the financial center of the United Kingdom, so it is important. Hopefully the poll won’t be as controversial as last year’s.

Elections aside, this is a strong week for space travel. On Monday, NASA will crash a spacecraft into an asteroid at 23,000 km/h in order to deflect its trajectory. The $300 million Dart mission, short for Double Asteroid Redirection Test, chose an asteroid called Dimorphos as its target because it orbits another asteroid rather than the sun.

The US space agency will be busy again the next day with the launch of Artemis I, the first in a series of increasingly complex missions aimed at establishing a permanent human base on the Moon.

If that wasn’t uplifting enough, the week will end with the return of the London Marathon, albeit six months later than its usual April slot to allow it to take place after the disruptions brought by the pandemic.

Companies

Still on the theme of the game, Lego (the name is derived from the Danish expression leg god, or “play well”) publishes its half-year results on Wednesday. The toymaker has guided analysts to expect sales to normalize after its pandemic boom, but expectations are high that sales will continue to outpace rivals in the industry.

For gas heads, Thursday is an exciting day because shares in Porsche will begin listing on the Frankfurt Stock Exchange following the long-awaited introduction of the luxury car brand.

It’s a darker week for lovers of the big screen. Cinema chain in difficulty cineworld will publish its half-year results on Friday. Although the group is expected to post a profit, unlike last year’s loss, the focus will be on its latest cash position and net debt level after the company filed for bankruptcy protection. United States earlier this month.

Economic data

It will be a week to find out how the economies are performing and how the public expects them to perform with gross domestic product figures from the US, Canada and the UK as well as several surveys on the consumer confidence.

We’ll also get a glimpse of Europe’s battle to calm inflation with the release of the Consumer Price Index and Producer Price Index for Germany, France and Italy. .

Read the full schedule for the week ahead here.

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The average price of a new car in Ireland has soared by €4,500, with a third of the cost going to VAT and VRT https://lanciadata.com/the-average-price-of-a-new-car-in-ireland-has-soared-by-e4500-with-a-third-of-the-cost-going-to-vat-and-vrt/ Sat, 24 Sep 2022 01:30:00 +0000 https://lanciadata.com/the-average-price-of-a-new-car-in-ireland-has-soared-by-e4500-with-a-third-of-the-cost-going-to-vat-and-vrt/ The average price of a new car jumped nearly €4,500 to €38,665 this year, up 13%. and nearly a third of that went to the taxman in VRT and VAT payments. The average amount of VAT levied on a car was €5,905 while VRT was €5,851, according to new figures obtained from the Society of […]]]>

The average price of a new car jumped nearly €4,500 to €38,665 this year, up 13%.

and nearly a third of that went to the taxman in VRT and VAT payments.

The average amount of VAT levied on a car was €5,905 while VRT was €5,851, according to new figures obtained from the Society of the Irish Motor Industry (SIMI) by the Irish Independent.

Altogether, that means nearly £12,000 – almost a third of the price of an average new car – went to the taxman.

In total, new car buyers paid €514,415,180 in VAT, while the VRT bill came to €509,661,031.

That leaves the Exchequer benefiting from more than €1 billion in new car sales through the end of July.

The vast majority of cars are purchased in the first seven months of the year, as it encompasses two registration periods beginning in January and July.

And just because your car has zero emissions doesn’t mean you’re evading taxes. The figures show that an average of €8,733 was invoiced in VAT and €2,250 in VRT on new Battery Electric Vehicles (BEVs).

The higher than average VAT paid is largely due to the fact that many BEVs are more expensive than petrol or diesel vehicles to start with.

The lower than average VRT bill comes from partial or full exemptions from this tax as part of the government incentives to purchase a BEV.

Overall, new car prices at the end of July were up 13% from a year ago.

It seems that the only way is to raise prices, at least in the first half of 2023, as demand is expected to greatly exceed supply.

Prices are based on official estimates by the Revenue Commissioners of a car’s market value.

They calculate the vehicle registration tax (VRT) on this amount. The figure is known as the open market selling price (OMSP).

Actual selling price may vary at dealer level depending on demand, model, trade-in and time of year.

A wide range of factors contributed to the 13% increase this year.

They include production delays due to the pandemic, a supply shortage due to pent-up demand, higher specification levels, shortages of microchips for use in automotive systems, the war in Ukraine and rising costs. Energy.

BEV production has been hit by increases in raw material prices of up to 400% in the case of lithium (used in batteries).

SIMI chief executive Brian Cooke said any price increase automatically means an increase in VAT and VRT. He said high tax levels are a major reason why relatively few new cars have been purchased over the past decade.

“The VRT has been increased in each of the last two budgets, but if we are serious about maximizing emissions reductions from new vehicles, we need to stop increasing the VRT and continue our support for electric vehicles.”

He asks the government not to add further increases to the VRT or the road tax in the budget.

He said it would only increase the cost of new cars, dampen demand, add to inflation and reduce consumer confidence.

“The retention of EV carriers is also vital as we strive to create an active market for used electric vehicles.”

Comparing 2019 and 2022, there was an overall drop of 19% in the average CO2 emissions (WLTP) of new passenger cars registered.

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What is the price of gas driving up hybrid sales? https://lanciadata.com/what-is-the-price-of-gas-driving-up-hybrid-sales/ Thu, 22 Sep 2022 15:22:38 +0000 https://lanciadata.com/what-is-the-price-of-gas-driving-up-hybrid-sales/ Is the Toyota Prius the “$3 car?” This question brings up some questions and explanations. Although we know the Toyota Prius as the most popular hybrid car on the automotive market, it is not the only one offered. A better way to ask this question is in the title. At what price do we start […]]]>

Is the Toyota Prius the “$3 car?” This question brings up some questions and explanations. Although we know the Toyota Prius as the most popular hybrid car on the automotive market, it is not the only one offered. A better way to ask this question is in the title. At what price do we start looking for hybrid cars to drive? Let’s explore this thought.

What are consumers looking for when gas prices rise?

A customer pumps gas at a gas station on May 7, 2007 in San Francisco | Justin Sullivan/Getty Images

RELATED: 5 Important Things You Should Know About Towing With A Hybrid Truck

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Facts and stats about cars and booster seats https://lanciadata.com/facts-and-stats-about-cars-and-booster-seats/ Tue, 20 Sep 2022 19:53:29 +0000 https://lanciadata.com/facts-and-stats-about-cars-and-booster-seats/ Alabama Up to 6 years old $25.00 Nope Alaska Up to 57″ tall, 65 pounds $50.00 Nope Arizona Up to 7 years old, 57″ tall $50.00 Nope Arkansas Up to 6 years, 60 lbs. $100.00 Nope California Up to 8 years old, 57″ tall $100.00 Yes, for children 7 and under who are under 57″ […]]]>
Alabama Up to 6 years old $25.00 Nope Alaska Up to 57″ tall, 65 pounds $50.00 Nope Arizona Up to 7 years old, 57″ tall $50.00 Nope Arkansas Up to 6 years, 60 lbs. $100.00 Nope California Up to 8 years old, 57″ tall $100.00 Yes, for children 7 and under who are under 57″ tall Colorado Up to 8 years old $81.00 Yes, for children 1 year and under and under 20 lbs. Connecticut Up to 8 years old $50.00 Nope Delaware Up to 8 years old $25.00 Yes, for children 11 and under and 65″ or under District of Colombia Up to 8 years old $75.00 Nope Florida Up to 6 years old $60.00 Nope Georgia Up to 8 years old $50.00 Yes, for children 7 and under Hawaii Up to 10 years old, 4′ 9″ tall $100.00 Nope Idaho Up to 7 years old $79.00 Nope Illinois Up to 8 years old $75.00 Nope Indiana Up to 8 years old $25.00 Nope Iowa Up to 6 years old $25.00 Nope Kansas Up to 8 years old $60.00 Nope Kentucky Up to 8 years old $50 for a child restraint device; $30 for a booster seat Nope Louisiana Up to 9 years old $100.00 Yes, for children 12 and under Maine Up to 8 years old, 57″, 80 lbs $50.00 Yes, for children 11 and under and under 100 lbs. Maryland Up to 8 years, 57″ $50.00 Nope Massachusetts Up to 8 years, 57″ $25.00 Nope Michigan Up to 8 years, 57″ $10.00 Yes, for children 3 and under Minnesota Up to 8 years, 57″ $50.00 Nope Mississippi Up to 7 years, 57″ $25.00 Nope Missouri Up to 8 years old, 4′ 9″ tall, 80 pounds $50.00 Nope Montana Up to 5 years, 60 pounds $100.00 Nope Nebraska Up to 8 years old $25.00 Yes, for children 7 and under Nevada Up to 6 years old, 57″ tall $500.00 Yes, for children 2 and under New Hampshire Up to 7 years old, 57″ tall $50.00 Nope New Jersey Up to 8 years old, 57″ tall $75.00 Yes, for children 7 years and under, measuring less than 57″ New Mexico Up to 7 years, 60 lbs. $25.00 Yes, for children under 1 year old in a rear-facing car seat New York Up to 8 years old $100.00 Nope North Carolina Up to 8 years, 80 pounds $25.00 Yes, for children 4 and under under 40 lbs. North Dakota Up to 7 years old $25.00 Nope Ohio Up to age 8, 57 inches, 40 lbs $75.00 Nope Oklahoma Up to 8 years old, 4″ 9′ tall $50.00 Nope Oregon Up to 4” 9′ and 40 lbs $115.00 Nope Pennsylvania Up to 8 years old $75.00 Nope Rhode Island Up to 8 years old, 57″, 80 lbs $85.00 Yes, for children 7 and under Caroline from the south Up to 8 years or 57″ $150.00 Yes, for children 7 and under South Dakota Up to 5 years and 40 lbs. $25.00 Nope Tennessee Up to 9 years and 4′ 9″ $50.00 Yes, for children 8 and under and under 4′ 9″ tall Texas Up to 8 years and 57 inches $25.00 Nope Utah Up to 8 years and 57 inches $45.00 Nope Vermont Up to 8 years and 20 lbs. $25.00 Yes, for children under 1 year old or under 20 lbs. Virginia Up to 8 years old $50.00 Yes, for children in rear-facing devices Washington Up to 5 years and 4′ 9″ $124.00 Yes, for children 12 and under. West Virginia Up to 8 and 4′ 9″ tall $20.00 Nope Wisconsin Up to 8.57″, 80 lbs. $75.00 Yes, for children 3 and under Wyoming Up to 9 years old $50.00 Yes, for children 8 and under
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Open Lending’s Close, Non-Preferred 84-Month Auto Loans Help Credit Unions Meet Rising Auto Prices https://lanciadata.com/open-lendings-close-non-preferred-84-month-auto-loans-help-credit-unions-meet-rising-auto-prices/ Thu, 15 Sep 2022 12:15:00 +0000 https://lanciadata.com/open-lendings-close-non-preferred-84-month-auto-loans-help-credit-unions-meet-rising-auto-prices/ AUSTIN, Texas–(BUSINESS WIRE)–Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry pioneer in loan activation and risk analytics solutions for financial institutions, announced today it will offer its customers the ability to offer loans on 84-month terms for new and used vehicles up to four years old, with less than 60,000 miles. […]]]>

AUSTIN, Texas–(BUSINESS WIRE)–Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry pioneer in loan activation and risk analytics solutions for financial institutions, announced today it will offer its customers the ability to offer loans on 84-month terms for new and used vehicles up to four years old, with less than 60,000 miles. This is an increase of nine months from its previous maximum duration. Additionally, Open Lending will now offer its clients the option to offer a higher PTI (payment on income) ratio for indirect loans, increasing full approvals and higher funded ratios due to a decrease in the number of counter-offers. Both offerings will help financial institutions increase loan volume, minimize risk and increase return on assets.

“Inflation impacts everything we buy, including the cost of owning a car, said John Flynn, Open Lending president and CEO. “More than a third of applications asked for terms longer than 72 months in 2021, so we now offer the option to provide higher loan amounts, longer loan terms and a higher PTI ratio for indirect loans. Our motivation and mission is to help our customers enable more of their close and unprivileged members to achieve their dreams of vehicle ownership during this uncertain time, and in doing so, to also help our customers unlock new income opportunities.

According to Dealertrack Credit Availability Index, the All-Loans Index has fallen for three straight months, and getting car credit has become increasingly difficult to obtain since hitting a record high in April 2022. However, credit unions are still wear exceptionally well. from Experian”State of the car finance marketThe report showed credit unions produced 25.8% of loans and leases from lenders in the three months to June 30, up from 18.3% a year earlier and 22.1% in the first. quarter of this year.

The experience of Open Lending client and CapEd Credit Union leader Jeremy Sankwich is a testament to how credit unions continue to drive growth by leveraging the Lenders Protection™ program. “Partnering with Open Lending allows us to provide more auto loan opportunities to near and unpreferred or emerging members, while leveraging the instant decision-making efficiencies of Lenders Protection,” says Vice-President. President of Consumer Lending, “In the midst of a volatile economic climate, we are increasing lending, increasing yields and helping a wider variety of members access credit while mitigating credit risk through credit insurance. default of Open Lending.

Lenders Protection™ was launched in 2003 in the credit union market. In the years since, financial institutions have used Lenders Protection™ consolidated insurance and analytics solution to originate and insure more than $16 billion in auto loans. More than 400 financial institutions have leveraged the easy-to-use program to efficiently create close, non-preferred auto loans, drive loan growth, and increase loan portfolio returns. To learn more about Open Lending and its Lenders Protection™ program or schedule a demo, click here.

About Open Loan

Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders across the United States. For more than 20 years, they have enabled financial institutions to build profitable auto loan portfolios by saying “yes” to more auto loans. For more information, please visit www.openlending.com.

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These 8 Fast and Cheap Cars Cost Under $40,000 https://lanciadata.com/these-8-fast-and-cheap-cars-cost-under-40000/ Sat, 10 Sep 2022 20:22:19 +0000 https://lanciadata.com/these-8-fast-and-cheap-cars-cost-under-40000/ There’s an old adage that speed costs money, and with the rise in car prices over the past couple of years, that certainly seems true. But luckily, there are still fast and cheap cars that you can buy new. Recently, US News & World even made a list of the fastest and cheapest cars under […]]]>

There’s an old adage that speed costs money, and with the rise in car prices over the past couple of years, that certainly seems true. But luckily, there are still fast and cheap cars that you can buy new. Recently, US News & World even made a list of the fastest and cheapest cars under $40,000. Using this list as a starting point, we highlight some of our favorite fast and cheap cars on the road today.

The 2022 Honda Civic Si is a fast and cheap car

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Let’s talk about the 2022 Honda Civic Si first. While 200 horsepower might seem like little these days, the Honda Civic Si makes the most of it. And, for $27,3000, it’s one of the most entertaining and practical sedans you can buy on a budget.

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Tesla’s ‘fully self-driving’ isn’t worth $15,000, say many who bought it https://lanciadata.com/teslas-fully-self-driving-isnt-worth-15000-say-many-who-bought-it/ Wed, 07 Sep 2022 15:17:00 +0000 https://lanciadata.com/teslas-fully-self-driving-isnt-worth-15000-say-many-who-bought-it/ The release of the new software version was delayed Monday until “probably the end of the week. Needs a little more tweaking,” Musk said. saidbut the price hike took effect. Some Tesla owners who paid significantly less for an earlier, unfinished version of the same “fully self-contained” software that now sells for $15,000 warn that […]]]>
The release of the new software version was delayed Monday until “probably the end of the week. Needs a little more tweaking,” Musk said. saidbut the price hike took effect.

Some Tesla owners who paid significantly less for an earlier, unfinished version of the same “fully self-contained” software that now sells for $15,000 warn that the new price doesn’t make sense for most buyers.

CNN Business spoke to 13 people who have cars with the “fully self-driving” beta and the overwhelming majority, 11 people, said they felt it wasn’t worth $15,000. These drivers say the software has improved, but not enough to justify the price. They sometimes describe having to be more careful when using “fully self-driving” than when driving alone, as the car can be unpredictable. Over 100,000 Tesla vehicles have been sold with this feature.

Tesla buyers can purchase “full self-driving” when they buy their car, or they can choose to pay a monthly subscription to use the feature. Many Tesla drivers who spoke to CNN Business suggested that if they were in the market today for a Tesla, they would opt for the monthly subscription fee for “complete self-driving,” which costs still $199 a month or buy for the more affordable Enhanced Autopilot, which combines features like automated parking and automated lane changes on highways, but isn’t so clearly an unfinished, flawed product.

Three people told CNN Business that they feel ‘fully self-driving’ is worth the high price tag for them because they personally enjoy testing new technologies and are excited by the promise of what ‘fully self-driving’ could be. eventually become.

“I really admire the optimism of all of these people, said Brian Moody, editor of online automotive market AutoTrader.com, of those who believe “fully autonomous driving” may soon take on all the responsibilities. of driving despite years of delay. “I wish I could be like that.”

Moody’s told CNN Business that “full self-driving” is particularly expensive compared to other available driver assistance packages like GM’s SuperCruise and Nissan ProPilot Assist. SuperCruise typically costs around $2,500 – plus a $25 monthly connectivity fee after the third year – and ProPilot Assist can cost less than $2,000 in some cases.

The promised functionality of these driver assistance packages is more modest. As they direct and follow traffic on select highways, Musk says “fully self-driving” will one day allow Tesla owners to operate their vehicles as robotaxis who don’t need a human behind the wheel.

It’s not uncommon for options to hit the $10,000 threshold, but those high-priced options typically include a range of accessories like adaptive suspension, engine upgrades and adaptive headlights, he said. he declares.

Moody’s said it expects consumers to pay the monthly subscription for “complete self-driving” rather than paying $15,000 for the promise of the feature’s future potential.

Dive deep

Four years ago, Wisam Al-Rawi bought a Tesla equipped with driver assistance software that the company calls “complete self-driving”. He says he was happy to pay a premium of $2,500 for “fully self-driving” in anticipation that his Tesla would one day drive itself. But last month, Al-Rawi, frustrated with the software’s flaws, had had enough. He asked Tesla to remove it.

Now, the California resident is surprised that Tesla is raising the price of “fully self-driving” to $15,000, even though it’s below the automaker’s projections.

“I would never even pay $10,000 for this,” Al-Rawi told CNN Business. “They over-promised like crazy.”

But Tesla reckons the feature, which the company says remains in testing (or “beta”) despite being widely released, will be worth far more than even the price it’s currently selling for.

“The price of FSD will continue to rise as the software moves closer to full self-driving capability with regulatory approval,” Musk said. wrote on Twitter in 2020.”[At] At that time, the value of the FSD probably exceeds $100,000. »

But “fully autonomous driving” was nowhere near what Al-Rawi heard from Musk, who claimed every year from 2015 to 2022 that self-driving Teslas were likely a year or two away.

Al-Rawi said it was stressful to use the “fully autonomous driving” beta as the software sometimes tried to hit curbs or drive on the wrong side of the road. His car would sometimes brake unexpectedly, triggering road rage in others.

“He promised your car could be a taxi. It will generate revenue,” Al-Rawi said. “Unfortunately, none of that happened.”

Al-Rawi still believes that Tesla’s driver assistance features are better than those of any other automaker. He calls the automaker’s lane-keeping feature “fantastic.” The “full self-driving” feature, which navigates local roads with steering, braking and acceleration, is where Al-Rawi had trouble.

Al-Rawi is far from alone in worrying about Teslas and unexpected braking. The National Highway Traffic Safety Administration, which regulates motor vehicles, launched an investigation in February following hundreds of unexpected braking complaints.

But the limitations of “fully self-driving” haven’t caused many Tesla owners to regret their purchase.

“There’s nothing in FSD that’s actually useful, certainly not for that kind of money,” Logan Rossignol, a “fully self-contained” Tesla beta tester, told CNN Business. “You always pay for a promise. And what that’s worth to you is up to you.”

Rossignol believes the investment was worth it for him, as he is a software developer and loves experimenting with technology. “Fully autonomous driving” changes regularly due to over-the-air software updates. Drivers wake up some mornings with a new version of technology to test and use.

Sunny Gulati, who said he paid $8,000 for “complete self-driving,” says he gets an “inherent joy” watching his Tesla try to navigate the roads. He said he no longer envies other cars on the road. The system doesn’t have to be perfect to like it.

He justified the purchase of “fully self-driving” in part because he believed it might one day make owning a second car unnecessary. Gulati said he couldn’t have afforded $15,000 for “fully self-driving” and would opt for the monthly subscription fee if he bought today.

stay mobile

Don Burke bought his Model S in 2019 because he wanted a vehicle that could one day drive itself.

The Virginia resident said he suffers from a form of muscular dystrophy. His legs are weakening. He will be in a wheelchair in a few years.

Burke spoke to CNN Business during a months-long road trip around the United States.

He drives up to 600 miles a day and says Tesla’s driver assistance technology makes him a much safer driver. He said he thought humans were bad drivers, pointing to the many deaths on the roads today, and thought machines would be better.

Burke said if he was in the market for a Tesla again, the $15,000 price tag for “fully self-driving” would be worth it.

“I love being able to be mobile,” Burke said. “I desperately want a machine that I can own that can get me where I need to be when I get into a wheelchair.”

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CarMD Releases Check Engine Car Repair Costs by State, Georgia in Top 5 Highest https://lanciadata.com/carmd-releases-check-engine-car-repair-costs-by-state-georgia-in-top-5-highest/ Mon, 05 Sep 2022 20:55:27 +0000 https://lanciadata.com/carmd-releases-check-engine-car-repair-costs-by-state-georgia-in-top-5-highest/ CarMD.com Corporation recently released its annual ranking of automotive repair costs related to check engine lighting. Georgia is in the top 5 highest auto repair costs in 2021. CarMD ranking of the five states/districts with the highest auto repair costs in 2021: 1. Connecticut, $418.372. Colorado, $417.143. California, $415.664. District of Colombia, $411.005. Georgia, $407.71 […]]]>


CarMD.com Corporation recently released its annual ranking of automotive repair costs related to check engine lighting. Georgia is in the top 5 highest auto repair costs in 2021.

CarMD ranking of the five states/districts with the highest auto repair costs in 2021:

1. Connecticut, $418.37
2. Colorado, $417.14
3. California, $415.66
4. District of Colombia, $411.00
5. Georgia, $407.71

Complete the five most affordable states for auto repair after Maine were Ohio, Michigan, Iowa and Wisconsin – all located in the Midwest. After Connecticutthe states/districts requiring the most expensive auto repairs were Colorado, California, District of Colombia and Georgia. The most frequently diagnosed repair in the five states with the highest average repair costs was “replace catalytic converter.” Expensive parts containing precious metals, catalytic converters generally do not fail unless maintenance and other repairs such as a faulty oxygen sensor or ignition coil are skipped, or a vehicle has a high mileage.

“Several factors contribute to the average cost to repair a car in a state, including the year, make and model of the vehicle, difficulty of repair, and cost of associated parts,” said David Rich, Technical Director, CarMD. “It makes sense that as people keep their vehicles longer than ever, cars and trucks are starting to outlast their parts and require more expensive repairs. Staying on top of maintenance can help vehicle owners reduce surprise car repair bills, while fixing check engine light problems early can improve fuel economy and reduce the likelihood of additional repairs. on the road.

Georgia 2021 Stats

Avg. Labor cost : $145.34

Avg. Cost of parts: $262.37

Avg. Repair cost (parts and labor): $407.71

Rank change from 2020: From no. 6


CarMD’s repair cost state ranking was derived from analysis of over 17 million identified repairs for 1996-2022 model year vehicles whose drivers sought advice for a check engine light problem of January 1, 2021 through December 31, 2021. The 50 U.S. states plus the District of Colombia, are represented in this index. Repairs are related to a vehicle’s On-Board Diagnostics (OBD2) system, which is standard on all cars, light trucks, minivans, SUVs and hybrids manufactured since 1996. It monitors emissions-related systems in a vehicle, triggering the check engine light when a problem occurs. CarMD does not report issues that fall outside the OBD2 computer monitoring of a vehicle, such as tires and mechanical parts such as belts and hoses.

CarMD.com Corporation publishes this annual State-by-State ranking as part of its CarMD® Vehicle Health Index™ to raise awareness of the importance of checking the health of engine lights. To view the 2022 CarMD State Rankings of Auto Repair Costs for data collected in the 2021 calendar year, visit https://www.carmd.com/vehicle-health-index-introduction/2022-carmd-state-index/.

This infographic map of the United States highlights the states with the highest and lowest check engine related auto repair costs in calendar year 2021, according to CarMD. A leading provider of automotive diagnostic data, CarMD releases this report annually to raise awareness of the importance of checking engine light condition to lower cost of ownership, reduce emissions for cleaner air and improve fuel economy.


About CarMD

Based at Irvine, California., CarMD.com Corporation specializes in automotive technology services that leverage and enhance the capabilities of the On-Board Diagnostic Port (OBD2). CarMD has worked with a network of ASE-certified technicians to create and validate the most comprehensive database of expert OBD2-related repairs and associated costs from which CarMD derives its Vehicle Health Index™. This index is released each summer to provide vehicle owners and the industry with state-by-state analysis of automotive repair trends and costs. For more information, visit www.carmd.com.

Garage Car MD is a free online resource that drivers can use to check for upcoming maintenance, technical service bulletins, and common check engine issues by year, make, model, and mileage.


SOURCECarMD.com Corp.




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These are the 10 best first cars on the new car market for teens https://lanciadata.com/these-are-the-10-best-first-cars-on-the-new-car-market-for-teens/ Sun, 04 Sep 2022 03:35:00 +0000 https://lanciadata.com/these-are-the-10-best-first-cars-on-the-new-car-market-for-teens/ Small subcompacts are an endangered species. In the past, they were the car of choice for teenagers and new drivers, but today the smallest cars are already usually found in the compact segment. Larger vehicles became more efficient and affordable, almost completely eliminating the need for smaller cars, and the car-buying public spoke with their […]]]>

Small subcompacts are an endangered species. In the past, they were the car of choice for teenagers and new drivers, but today the smallest cars are already usually found in the compact segment.



Larger vehicles became more efficient and affordable, almost completely eliminating the need for smaller cars, and the car-buying public spoke with their wallets as demand all but dried up. That doesn’t mean there aren’t options out there, far from it. There are some great new compact cars out there, all perfect for new drivers that further boost confidence behind the wheel.

The used car market is the obvious first choice, but if you’re determined to buy new, these are the 10 best options for young gearheads.

10 Honda-Civic

Over the years the humble Civic has built up a huge fanbase for itself, and if you ask any Honda fans, the latest offering is one of the best cars the brand has produced.

Unfortunately, a key ingredient is missing; a manual transmission…unless you’re willing to shell out for the sporty Si model (pictured above).

9 Subaru Impreza

The Impreza isn’t trying to be a WRX, but it’s an attractive, well-balanced package with a very affordable price tag.

It stands out for being the only all-wheel-drive car in this price range, and the flat 4 also offers great power. The icing on the cake is the fact that you can get it with a manual transmission.

Related: This Is Why Gearheads Should Consider Buying A Used Subaru Impreza WRX STI Hatchback

8 Kia Soul

Like the Impreza, the Soul offers a manual transmission coupled with a trendy look and a bargain price.

In many ways this is such an unusual little car, its boxy design makes it look a bit like an oversized kei car, so as much as that will make it a bit polarizing, there’s definitely a market for it.

seven Ford Maverick

For those young outdoor sports or dirt bike enthusiasts, we couldn’t imagine a better vehicle than the new Maverick. It’s as practical as its much larger counterparts and also suitable for people who aren’t looking for a pickup.

Unfortunately, the catch for the Maverick is that everyone seems to want one, and the waiting list is quite long.

Related: Here’s Why The New Ford Maverick Is Selling Better Than Every Other Compact Pickup

6 Nissan Versa

While that might not be the definition of fun for everyone, with the low-end manual it actually can be, especially considering the price.

It certainly won’t set the world on fire spec-wise, but most gearheads like the idea of ​​adding a few personal touches and it’s kind of a blank canvas of a car. Whatever you do, don’t get the CVT version.

5 Mazda CX-30

Over the last decade or so, since Mazda parted ways with Ford, they’ve gotten more and more powerful, and the CX-30 is just another in a long line of great small cars that they manufacture.

Their Skyactiv engines are easy to handle, modern and efficient. They also happen to be pretty much bulletproof. Unfortunately, there is no manual option.

Related: 10 reasons why the Mazda 2 is a great buy

4 VW Jetta

Over the past few years, diesel has become something of a dirty word for VW, and their petrol engines are also less than perfect with multiple recalls associated with them.

That said, the Jetta is more spacious than the competition and a lot of fun to drive. It’s also more economical to start, especially if you opt for their affordable base model which comes standard with a smooth-shifting 6-speed manual.


3 Mini Cooper SE

One thing about the Mini that most people hate is the fact that it’s a small car with luxury car running costs, but with the EV version, all of that can be circumvented.

It easily has the best chassis of any small car on the market today and it’s a really engaging car to drive. Unfortunately, the relatively aggressive pricing is down to the mid-range, which means you’ll only be able to take advantage of the impressive handling for short periods of time.

Related: 10 reasons why the Mini Cooper SE is the perfect electric city car

2 Mazda3

Although these are a bit behind in terms of innovation, they are still very safe cars that punch well above their price in terms of build quality.

Much like the CX-30, the Mazda 3 offers exceptional driver engagement, and with better weight distribution, it’ll be quicker around corners.

1 VW Golf

What you get with the Golf is all the good stuff from the aforementioned Jetta packed into a stiffer chassis. It has a firmer ride, but the improved handling is definitely a compromise most would be willing to accept.

Running costs will be slightly higher than rivals, but if you want that level of refinement you’ll just have to accept it.

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