7/13/2023 0 Comments Edmunds new car pricing![]() ![]() Tip: The old “20 percent down” rule is getting harder to abide by for most people. In the fourth quarter of 2022, the average down payment climbed to a record high of $6,780 for new vehicles and $3,921 for used, according to Edmunds. The higher prices of new and used vehicles today have forced shoppers to put more money down to get a reasonable monthly payment. Get multiple price quotes for the vehicle you want and check what others are paying on sites such as Edmunds. Tip: Given the volatility of pricing, it is critical to know the market value of the vehicle to avoid overpaying. “While I don’t expect pre-COVID type of discounts this year, we’re definitely seeing movement in favor of the customer,” said Drury. Compare that to December of the same year, when the average transaction price dropped to about $293 below MSRP. PRICES ARE FALLING, BUT DON’T EXPECT DEEP DISCOUNTSįor most of 2022, the average transaction price of a new vehicle was $600-$700 over MSRP. Those who need a new car in a shorter time frame will need to be flexible on the brand, model colors and trim levels to maximize their options. Tip: While the selection on the lot might be better, you should still be prepared to act quickly if you spot a vehicle you like. Some automakers are faring better than others, depending on their supply chain and tolerance for excess inventory. While you’re likely to find more cars on the dealer lots this year, the inventory may not be as high as it once was. June 8, 2022.INVENTORY IS IMPROVING BUT STILL BELOW NORMAL ^ "New 2022 Cupra Born: hot hatch is Spanish brand's first EV".^ "Cupra Born Officially Revealed With More Power Than VW ID.3"." 'Cupra Born' name confirmed for EV hot hatch: price, specs and release date". ^ van Oostvoorne, Nick Lette Allen, James (22 February 2021).^ "Cupra Confirms New Born (Formerly el-Born) Electric Hatchback".^ "New Cupra el-Born electric car 2020: pictures, specs and details".^ "2021 Cupra El-Born electric car revealed: price, specs and release date".^ "New 2021 Cupra El-Born is VW Group's first EV hot hatch".^ "New Cupra el-Born electric hot hatch offers 310-mile range".^ "Seat's 201bhp el-Born is brand's first bespoke EV".^ a b "New Seat el-Born electric car revealed ahead of Geneva Motor Show 2019 debut".^ a b c d "CUPRA's first all-electric vehicle is born".^ "CAR OF THE YEAR 2022 FINALISTS | CUPRA BORN".Equipment also includes adaptive cruise control, Travel Assist system for semi-autonomous driving, traffic sign recognition, automatic braking system, Dynamic Chassis Control Sport suspension. The interior features a 12.0-inch touchscreen, sports seats with integrated headrests and a head-up display. Charging on a fast charger with up to 80% battery will take 35 minutes, and as Cupra announces, it will cover 100 kilometers in 7 minutes. The range will be from 340 to 540 kilometers (370 miles). It will have three battery capacities of 45 kWh for the weakest version and 55 kWh and 77 kWh for the most powerful model. With Boost Mode, it takes 6.6 seconds for the flagship model to accelerate to 0–100 km/h (0–62 mph). It will have two powertrains, a base electric motor at the rear and rear-wheel drive of 110 kW (150 PS 148 hp), while the most powerful model will have a rear engine of 150 kV / 204 hp and 310 Nm, which will develop 170 kW (231 PS 228 hp). The Born had its official premiere in May 2021. It was expected to cost around £40,000, which is noted to be around the price of the higher end models of the Volkswagen ID.3. The car was renamed to Cupra Born in February 2021, therefore dropping the "el-" from the name. The production car would have a larger battery pack than the prototype. Production of the Born was confirmed in July 2020, and it is sold under the Cupra brand. ![]()
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