Automakers are developing and producing vehicles that are available with several powertrain options, fit the lifestyles of modern families, can adapt to the terrain and go further off-road than ever before.
All that comes at a price. The cost of owning a vehicle today is higher than ever before. Not only are parts and labor more expensive than they used to be, but insurance rates are also predicted to have skyrocketed 22 percent nationally in 2024 based on analysis from Insurify. And in some states, rates are expected to spike 50 percent or more. Adding to the pain of car payments, the cost of insuring a new vehicle is typically more than insuring an older model.
High interest rates have pushed monthly financing rates higher, and dollars are not going as far as they used to due to inflation. In October 2021, the interest rate on a 60-month car loan was 3.87 percent. By the beginning of July 2024, that number had nearly doubled to 7.92 percent, according to data from Statista, a global data and business intelligence platform.
America's Most Anticipated New Vehicles 2025 list reflects those diverse attitudes toward buying vehicles. Gas, hybrid, plug-in hybrid and battery-electric vehicles all make the cut. Many have propellant options; you can get it with a gasoline engine or some form of hybrid powertrain. The battery-electric vehicles on the list have upped the ante in their own way. Range Rover Electric takes a current luxury SUV and adds new power and prowess. The Mercedes-Benz EQS Sedan gets a fresh look and more battery range. A third, the Hyundai Ioniq 9, is the largest all-electric SUV the company has made for its U.S. buyer base.
Diese Geschichte stammt aus der November 22, 2024-Ausgabe von Newsweek Europe.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 22, 2024-Ausgabe von Newsweek Europe.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Margo Martindale
\"WHO KNEW THAT A BARREL OF MAPLE SYRUP IS WORTH MORE THAN A barrel of oil?\"
Malala Yousafzai
\"AFGHANISTAN IS THE ONLY COUNTRY IN THE world where girls are banned from access to education and women are limited from work.\"
In the Eyes of the Law
Jude Law is unrecognizable as an FBI agent on the trail of aneo-Naziterrorist group in real-crime drama The Order
AMERICA'S Most Responsible Companies 2025
IN THE FACE OF ISSUES LIKE CLIMATE CHANGE and wage inequality, consumers care about the impact of the businesses they interact with and companies are responding.
RULES OF ENGAGEMENT
THE WORKPLACE IS BECOMING A BATTLEGROUND OVER POLARIZED OPINIONS. BUSINESS LEADERS NEED TO GET BETTER AT MANAGING DISPUTES
Gonzo Intelligence
Instead of keeping a low profile, Moscow's spies are embracing the limelight and even being welcomed home by Vladimir Putin after their cover is blown
House of Cards
Donald Trump faces negotiations between Saudi Arabia and the U.S. in his second term—could his legacy of normalizing ties between Israel and Arab nations be a help or hindrance?
Poring Over the Mystery of an Egyptian Cup
The first comprehensive scientific analysis of a Bes mug's residues uncovered a psychedelic concoction used in rituals
John David Washington
FOR JOHN DAVID WASHINGTON, BRINGING NETFLIX'S THE PIANO LESSON (November 22) from stage to screen was a family affair.
Philomena Cunk
PHILOMENA CUNK IS JUST AS SURPRISED AS anyone else at her own popularity.