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Will Tesla’s New Lease Attract More Customers?

Last updated: Oct 23, 2019 at 11:56AM
Published on: Aug 22, 2016 by tgriffith

2016-tesla-model-x

Believe it or not, you can still buy a new car in the United States for under $14,000. The least expensive option on the market is the $11,990 Nissan Versa, a car that Car and Driver says, “has insultingly flimsy materials” along with a 109-hp 1.6-liter engine that makes for slow acceleration but gives reasonably good fuel efficiency.

Most of us opt to buy more car than what the Versa has to offer, but that ultra-low price is appealing to budget-conscious shoppers. If the Versa is too “flimsy,” buyers can step up to something like the $14,000 Ford Fiesta.

Once the car is purchased, it can be driven for many years with no further finance costs, which is one of the benefits of buying a car outright.

A 24-month finance term on a $14,000 car, at 3.11 percent interest, is about $600. For the same price you could drive one of the most desirable luxury cars on the market: An all-electric Tesla.

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Filed Under: Car Shopping, Domestic Cars, General Chat, Green Updates, New Cars, Trucks & SUVs, United States Tagged With: $593 Tesla lease, Car Minded, Electric Vehicles, model s, model x lease, modes s lease, new tesla lease, tesla lease, tesla model s lease, tesla model x lease

Day Two at the Javits Center: The New York International Auto Show

Last updated: Oct 4, 2019 at 3:52PM
Published on: Mar 25, 2016 by Matt Smith

Honda Civic Hatchback Concept

Day Two began with the World Car Awards. Backed by a surprisingly loud, club-ish soundtrack and some odd song choices (maybe intended to help attendees wake up after a very long Day One?), the Toyota Mirai fuel-cell vehicle got the World Green Car Award, the Audi R8 Coupe took the World Performance Car Award, and the BMW 7 Series won the World Luxury Car Award. Mazda managed to take two trophies, as 2016 World Car Design of the Year and World Car of the Year, with its MX-5 Miata, and having driven the car ourselves, we heartily applaud the WCA jurors’ decision.

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Filed Under: Auto Shows Tagged With: 2016, Chevy bolt, Hardtop Miata, honda civic hatchback, Mazda MX-5 Miata RF, Mitsubishi Outlander PHEV, Model 3, model s, New York International Auto Show, nissan titan, NYIAS, Red Bull Global Rallycross, Tesla, Volvo S90

10 Kinds of Cars We’d Buy to Share

Mar 18, 2016 by Matt Smith

A Ford van empties at school

With the exception of a home, a car is the most expensive purchase a person will likely make (and we hope that home and car aren’t the same thing). Considering the improvements in safety, powertrain, and infotainment technologies, it’s not surprising to see vehicle prices rising at or above the rate of inflation. So, with the fiscal scope of a vehicle purchase firmly in mind, we have to ask: why don’t more people share cars? We posted an earlier article about the prevalence of ride-sharing services and their impact on consumer purchasing trends. While Uber and Zipcar have certainly given drivers more ways to get around, car ownership still seems to be the clearest path to unlocking the flexibility and freedom that a set of wheels can provide.

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Filed Under: Car Lists, Car Shopping, General Chat, Trucks & SUVs, United States Tagged With: BMW M3, Car Minded, car sharing, E30 M3, Honda Accord, Hybrid, Jeep Grand Cherokee, Jeep Wrangler, Lancer Evo, miata, Mitsubishi, model s, Porsche 911, rideshare, Tesla, Toyota Tacoma, TRD

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