Editorial archive

October 2021

Average used car payments expected to surpass $500, according to Edmunds

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(October 3, 2021) SANTA MONICA, Calif. — Consumers are paying more than ever to finance used vehicle purchases as tighter inventory and fewer discounts in the new car market push shoppers to seek alternatives in the used market. And Edmunds experts note that used purchase conditions are likely to continue to be unfavorable for car shoppers through the rest of the year and advise consumers who need to make a car purchase to consider alternatives such as leasing or exploring certified pre-owned (CPO) vehicles.

Ford Ranger bigger, but still a good option in pickup market

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By Paul Borden
MotorwayAmerica.com

(October 3, 2021) MIAMI — If you are thinking about buying a pickup truck but don’t want, or need, a full-size model, the Ford Ranger may be just vehicle for you. Though it has grown a bit since its debut as a compact pickup nearly four decades ago, the Ranger is not so big that it is going to cause concerns as you encounter tight spaces but still is up to handling the light hauling that comes with those weekend do-it-yourself chores.

Mini survey finds half of Americans expect fast electric market growth

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(October 1, 2021) WOODCLIFF LAKE, N.J.   — A new consumer survey carried out by MINI USA finds that American consumers are increasingly looking to electrify their daily on-road travel. Releasing the results during National Drive Electric Week, the survey commissioned by Engine’s CARAVAN reveals that half of all consumers expect the American automotive market to be mostly electric within just 15 years.