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42% of Gen Zers bought their first vehicles between ages 16 and 18 compared with 32% of Millennials, according to 4,000 responses to a Cars.com survey taken between August 30 and September 7, 2023.
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Some used cars now cost more than the same vehicle new
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The potential gains to the West from a ready supply of cheap, green vehicles are simply enormousโand dwarf the cost of disruption and the dangers it brings. One reason is that the market for.
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The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said on Thursday. The drop in.
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Five other automakers โ Honda, Subaru, Volkswagen, BMW and GM โ sold cars that were less efficient, on average, in 2022 than in 2017. This drop in efficiency might seem puzzling at a time when.
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But most US consumers aren't going along for the ride. EVs remain too costly, at an average price of $60,544โabout $13,000 more than a gas-fueled car, according to automotive researcher.
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