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Saturday, May 27, 2023

Cars: Why buyers may find used car prices ‘a bit shocking’

You want a used car that is priced around $20,000? Experts say prepare to buy something really old with high mileage on it.

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Cars

Sat May 27 2023

 
Car dealerships in Metro Detroit on Friday, Oct. 28, 2022.   Many dealership websites have a problem with 'ghost inventory.'   They will list a vehicle for sale on the website but when a customer goes to buy it, the it does not exist leading to many disappointed and frustrated customers. Close to 30 to 40% of inventory on sites are ghosts.

You want a used car that is priced around $20,000? Experts say prepare to buy something really old with high mileage on it.

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The new BMW 5-series sedan.
 

Drivers can change lanes using just their eyes in new BMW sedan

The new BMW 5-series sedan allows drivers to change lanes just by looking in the exterior mirror.

A Lincoln car with exposed wires and many modules inside the engineering lab on the campus of the University of Detroit Mercy in Detroit on Feb. 8, 2023.  The university has a new cyber engineering program and lab and with cars having more of these computer modules on board and the potential for being open to hacking the new lab is where students get real-world experience as well as learning and applying what they learn virtually.
 
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Vehicle cybersecurity gets boost from Defense Department

The University of Detroit Mercy is leading a consortium of academic institutions focused on boosting vehicle cybersecurity.

The Ford Experience Center in Dearborn on Capital Markets Day, May 22, 2023.
 

Ford reverses plan for AM radio on new vehicles

After backlash from consumers, electric officials and broadcasters, Ford vows to keep AM radio in its vehicles. What about other manufacturers?

Ford purchases many parts for its Bronco and other vehicles from automotive suppliers. This photo of a Bronco wheel tire shows various components including a unique center cap.
 
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Ford ranking on auto study a 'shock,' analyst says

A 2023 study based on confidential feedback of suppliers providing billions of dollars in materials to automakers is revealed.

15. Toyota Corolla Hybrid     • Average days to sell:  11.0 days     • Average price:  $25,506    ALSO READ: Safest New Cars for 2021
 

What is a hybrid car? Difference between full, mild, plug-in vehicles.

Hybrid cars are becoming a bigger part of the U.S. car market as the U.S. works to lower emissions. Here's how they work, including plug-in vehicles.

The nameplate for the upcoming Cadillac Escalade IQ all-electric full-size SUV.
 

GM to offer an all-electric Cadillac Escalade to be called Escalade IQ

GM has said Cadillac will have an all-electric lineup by 2030. This year it will reveal three new EVs for Cadillac, one of which is the Escalade IQ.

The 2020 Lincoln Corsair at the New York Auto Show on April 16, 2019.
 

Chevrolet, Ford, Mitsubishi among 1.3 million recalled vehicles. Check here

More than 668,000 Chevrolet and GMC SUVs, more than 422,000 Ford and Lincoln SUVs and nearly 90,000 Mitsubishi Outlander SUVs are being recalled.

Mike Booth, UAW vice president, speaks during a Free Press interview at his office in Solidarity House in Detroit on Wednesday, May 10, 2023.
 
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UAW top bargainer's life story shaped his negotiation style and agenda

UAW Vice President Mike Booth went from a childhood farm to the factory floor. Now he is in the top job of negotiating a critical national contract.

Thinking about buying a car? Save money buy shopping for a loan first.
 

Your car is spying on you: How to see the data it collects

Your car is like your phone, computer, or tablet – always listening. A new online tool shows all the info your car has and can help you delete it.

 

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