People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry

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Cars sit on the lot at the Howdy Honda dealership on March 18, 2024 in Austin, Texas.
Cars sit on the lot at the Howdy Honda dealership on March 18, 2024 in Austin, Texas.

Brandon Bell/Getty Images

9 things you're probably wrong about when it comes to your car, from maintenance to pricing

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Hyundai SUVs at a car dealership.
Car owners might have a number of misconceptions about their vehicles and the buying process.

AP Photo/David Zalubowski

Fisker's woes are another reason to consider leasing an EV over buying

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Tesla showroom in Texas with Model S, Model X, and Model Y parked in front
Some Fisker owners might be wishing they had leased their vehicles.

Brandon Bell/Getty Images

Hertz is ditching 20,000 electric cars, citing expensive repairs. Here's how much it can cost to service an EV.

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Manager using digital tablet while talking to mechanics in auto repair shop
Tesla advertises its cars as "eliminating the need for service" but there are some nuances in repairing and maintaining an EV.

skynesher/Getty Images

One of car dealers' most closely watched cost metrics is skyrocketing

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Cars are parked inside of a car dealership while a woman looks at one and a saleswoman stands nearby.
There's one metric that's causing dealers havoc these days, making it expensive for them to keep cars on the lot.

Getty Images

I'm a car dealer who only sells electric cars. This is what everyone else is getting wrong — and the advice I give prospective EV buyers.

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A man in a pink sweatshirt sits in front of a black car in front of the sunset.
Alex Lawrence, CEO and cofounder of the EVAuto dealership in Utah.

Alex Lawrence

It might be better to wait a few months to buy that EV you've been eyeing — but there's a catch

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Bolt; Model 3; Lyriq; Mach-E
Figuring out EV tax credits for plug-in vehicles like the Chevrolet Bolt, Tesla Model 3, Cadillac Lyriq, and Ford Mustang Mach-E is complex.

Tesla; Chevrolet; Cadillac; Ford

Tesla keeps chopping prices, making its cars cheaper than even gas competitors

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A gray Tesla Model Y SUV is shown driving down the highway from a rear view with trees in the background.
The Model Y is eligible for the new federal EV tax credit.

Tesla

The pandemic broke the used car market — now shoppers are screwed

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The 2020 Toyota Prius.
This 2020 Toyota Prius will cost you your first-born child.

Toyota

I'm a personal finance expert. These are the most common mistakes car buyers make.

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A woman in a white blouse and dark skirt smiles for a headshot.
Stefanie O'Connell Rodriguez says many car buyers overlook ownership costs like maintenance and insurance.

Stefanie O'Connell Rodriguez

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