It's a great time to buy an EV

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A Ford Mustang Mach-E electric vehicle is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.
Electric cars are piling up on dealer lots, which means more deals for shoppers.

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The sub-$30,000 EV probably isn't going to happen anytime soon

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Ford Mustang Mach-E electric vehicles on a dealer lot
Ford Mustang Mach-E electric vehicles on a dealer lot

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A 'bifurcated economy' is keeping some car buyers out of the market

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car dealer
Average new car prices remain above $48,000, and affordability has been slow to improve.

REUTERS/Carlos Barria

Hybrids are having a moment. Here's what you need to know if you're in the market.

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A woman shopping for a car at a dealership.
More car shoppers are heading to dealer lots in search of hybrids.

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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.

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You can get a great deal on an EV right now — if you know where to look

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Electric cars sit charging in a parking garage at the University of California, Irvine January 26, 2015. REUTERS/Lucy Nicholson
Electric cars sit charging in a parking garage at the University of California, Irvine

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It's actually a good time to buy a new car

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A Nissan lot
It's finally a good time to buy a new car. Prices are coming down.

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Americans could save $3.4 billion through a new rule preventing 'exploitative' fees when buying a new car, the FTC says

Tech Insider : Economy, Politics, Economy
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC. The
Federal Trade Commission Chair Lina Khan prepares to testify before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC.

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