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"The fleet of vehicles being discontinued includes a number of passenger cars such as the Chevrolet Spark, the Toyota Avalon and the Honda Insight, as Americans continue to flock to SUVs. 'The extra-small SUVs are definitely becoming a much more popular entry-level for these brands,' says Will Kaufman, news editor at car-research site Edmunds.
"The California New Car Dealers Association estimates by the end of the year, sales will be off 9.7 percent compared to last year, lowering its projections to 1.68 million registrations for all of 2022. That’s within shouting distance of the 1.64 million registrations recorded in 2020 when COVID-19 lockdowns sideswiped the auto industry in California and across the nation."
"Car prices nationwide are cooling, down an average $574 according to J.D. Power from their peak in July after the supply-chain crisis made it almost impossible to buy one. NBC News’ Jacob Ward speaks with Edmunds' Director of insights, Ivan Drury, with expert advice if you're in the market."
"It was a close race between both vehicles, and while the Integra is fun to drive, it doesn’t quite distinguish itself over vehicles in this price range. The Mazda 3 Turbo, on the other hand, punches above its weight and wins out with its pleasing performance and value."
"The average new car loan interest rate reached 5.7% in the third quarter of 2022, the highest it’s been since 2019, according to Edmunds.com. At the same time, the average amount financed to purchase a new car reached an all-time record of $41,347. The average monthly payment in the third quarter was over $700. It was $630 in the same quarter last year, and the average down payment was almost $1,000 less then, too, according to Edmunds.com."
"The 2022 Volkswagen Golf GTI will delight fans with its Germanic poise and utility, but the value of the 2022 Hyundai Elantra N can’t be denied. It earns Edmunds’ vote for the superior sport compact."
"Those who haven’t been in a new car as of late may not know what to look for when evaluating the technology. With this in mind, Edmunds experts have listed a few pros and cons to touchscreen car interfaces to help you determine if this technology is something of interest or a deal-breaker."
"Edmunds Says: Toyota’s first EV is a noble effort, but it misses the mark in a few key areas. Its mediocre driving range, uninspiring performance, and relatively high price for what you get make it less attractive when compared against its peers. We’d go with a big-battery ID.4 for its long list of features and more-than-adequate range."
“After making big promises in the past, many companies have realized that building an autonomous vehicle [to sell to the public] was more difficult than they anticipated and have moved their timetables roughly a decade into the future," according to Ronald Montoya, senior consumer advice editor at Edmunds.
"These discontinued models often get the ax because of slow sales. But not all are bad choices. Edmunds’ car experts highlight five notable models that are on the way out. This list is sorted by the manufacturer’s suggested retail price and includes the destination charge."
