Latest news with #Camry
Miami Herald
17 hours ago
- Automotive
- Miami Herald
You're Not Imagining Things: Cheap Used Cars Are Vanishing
If you're struggling to find a decent used car for under $20,000, you're not alone, and you're not imagining things. A new study from iSeeCars finds that the number of affordable, late-model used vehicles has dropped off a cliff in recent years. Back in 2019, nearly half (49.3%) of all 3-year-old used cars were priced at or below $20,000. Today, that number has shriveled to just 11.5%. The average price of a 3-year-old used car is now $32,635 - a staggering 40.9% jump from 2019, when it was just $23,159. While the pandemic may feel like old news, its economic aftershocks are still distorting the car market. "The pandemic may be a fading memory, but the lack of new car production five years ago has created a 'pandemic hangover' effect," said Karl Brauer, executive analyst at iSeeCars. The most affordable segment of the used market - cars under $20,000 - has shrunk dramatically across all major vehicle types. Passenger cars saw the steepest increase in price, climbing 48.7% since 2019. That means entry-level sedans that once anchored the affordable used car market are now largely out of reach. In 2019, more than 70% of 3-year-old passenger cars were priced under $20,000. In 2025? Just 28.1%. SUVs fared even worse, dropping from 39.2% to a mere 8.1% share in the sub-$20K category. The shift in pricing is especially evident in once-affordable bestsellers. A few years ago, it wasn't hard to find a lightly used Honda Civic or Toyota Camry for under $20,000. Now, those same models are averaging well over that threshold. The Civic's average price jumped 44.6% to $23,813, while the Camry rose 43.5% to $23,755. Some of the biggest price leaps came from small sedans: Nissan Sentra: Up 45.7% to $18,224Toyota Corolla: Up 37.7% to $19,792Chevy Equinox: Up 27.5% to $22,228 These were once the go-to models for frugal shoppers. Today, they're inching closer to new-car pricing, without the warranties or latest tech. The used car market has been rising for three straight months, and there's little indication prices will fall significantly anytime soon. The pandemic-related slowdown in new car production from 2020 to 2022 created a ripple effect that still limits the supply of newer used vehicles. Yet demand remains strong, especially for reliable models from Toyota, Honda, and Subaru. For buyers with a strict $20,000 budget, the result is clear: you'll likely need to shop older, higher-mileage vehicles, or rethink what kind of car you can afford. As Brauer put it, "Many car buyers are now priced out of late-model used cars, forcing them to consider older models with more miles to fit within their budget." Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Time Business News
a day ago
- Automotive
- Time Business News
Top Cash Offers for Toyota Cars in Sydney
When it comes to selling an old or unwanted Toyota car in Sydney, getting the best cash offer while ensuring a smooth removal process is important. Many car owners look for reliable services that provide instant cash payments and free towing, making the entire process simple and profitable. This blog covers everything you need to know about securing top cash offers for Toyota cars in Sydney, along with free removal services. Why Sell Your Toyota for Cash? Toyota cars are known for their durability and strong resale value. Even older models or cash for damaged Toyota cars can fetch a good price when sold to the right buyer. Selling a car for cash is a practical choice for those who want to avoid the long process of private sales or trade-ins. Cash buyers often handle paperwork, provide instant payments, and offer free removal, saving time and effort. Several factors influence the cash offer you receive for your Toyota: Model and Year Popular Toyota models like the Corolla, Camry, Hilux, and RAV4 tend to have higher demand. Newer models or well-maintained cars usually get better offers. Condition of the Car Even if the car is damaged, non-running, or written off, many buyers still purchase it for parts or scrap. However, a car in good working condition will naturally get a higher offer. Market Demand The current demand for specific Toyota models in Sydney affects pricing. Some models are more sought after due to their reliability and spare parts availability. Odometer Reading Lower mileage generally means a better offer. High-mileage cars may still be purchased but often at a reduced price. Additional Features Cars with extra features like alloy wheels, advanced safety systems, or premium interiors may receive slightly higher offers. To ensure you receive the best deal, follow these steps: Compare Multiple Buyers Different car removal services offer varying prices. Getting quotes from multiple buyers helps in choosing the most competitive offer. Provide Accurate Details When requesting a quote, share correct information about the car's condition, model, and year to avoid discrepancies later. Choose a Reputable Service Opt for a licensed and trusted service that has positive customer reviews. This ensures a fair deal and smooth transaction. Check for Hidden Fees Some companies deduct fees for towing or paperwork. Always confirm whether the offer includes free removal and no extra charges. Free Car Removal Services in Sydney Many cash-for-cars companies in Sydney offer free towing as part of their service. This is particularly useful for cars that are no longer running or are too damaged to drive. The process usually involves: Instant Quote: Provide car details online or via phone. Same-Day Inspection: A representative may inspect the car to finalize the offer. Free Towing: The company arranges pickup at no cost. Instant Payment: Cash or bank transfer is provided on the spot. Selling a Written-Off or Damaged Toyota Even if your Toyota has been in an accident or declared a write-off, you can still sell it for cash. Many buyers purchase damaged cars for usable parts or scrap metal. The offer will depend on the extent of damage and salvageable components. Get a Quote: Contact a cash-for-cars service and provide car details. Accept the Offer: If satisfied, schedule a pickup time. Hand Over the Car: The buyer inspects the vehicle and completes paperwork. Receive Payment: Payment is made immediately. Free Removal: The car is towed away at no extra cost. Why Choose a Local Sydney Service? Local buyers understand the Sydney market better and often provide better rates than interstate buyers. They also offer faster processing and same-day pickups in most cases. If you are looking to sell your Toyota quickly and without hassle, consider reaching out to a trusted service that specializes in cash for cars in Sydney. Many providers offer instant quotes, free removal, and same-day payments, making the process efficient and straightforward. Selling a Toyota for cash in Sydney is a convenient way to get rid of an unwanted vehicle while earning money. By comparing offers, choosing a reliable buyer, and ensuring free removal, you can make the process quick and profitable. Whether your car is in good condition, damaged, or no longer running, there are buyers willing to pay cash and handle the entire process for you. For those in Sydney, selling an old car has never been easier. With services that offer instant cash payments and free towing, you can turn your unused Toyota into money without any delays. Simply provide your car details, accept a fair offer, and let the professionals take care of the rest TIME BUSINESS NEWS
Yahoo
2 days ago
- Automotive
- Yahoo
What cars can I lease for $300? Don't miss these deals before the end of June
Leasing a car, truck, or SUV is often much more affordable than the average monthly car payment. American drivers are paying an average of $745 a month for new car payments and $521 a month for used car payments. Drivers who choose to lease a vehicle instead of financing it can pay under $300 a month for a brand-new model. Leasing may have some drawbacks, but drivers who choose to lease over buying can save money in the short term and drive more vehicles in the long run. Luckily, there are several attractive lease offers that won't break the bank for folks who are interested in leasing instead of purchasing. These three affordable lease deals are only available until June 30. Japanese automaker Toyota redesigned the Camry nameplate for the 2025 model year. Aside from updated interior and exterior styling, the midsize car also benefits from a new standard hybrid-only powertrain. That's right, Toyota no longer offers new gas Camry models. The company has implemented this strategy with several nameplates including the Sienna minivan, Tundra full-size truck, and Sequoia full-size SUV. Toyota has mastered hybrid production. It currently produces 15 different hybrid models. The 2025 Toyota Camry boasts an incredible 51 miles per gallon combined. It has a 13-gallon tank size, so the midsize hybrid sedan is capable of traveling for over 663 miles on a full tank of gas. You can lease a 2025 Camry for $299 a month for 36 months with $3,999 due at signing. That works out to $14,763 for three years with one of the most efficient new hybrid midsize cars on the market. In recent years, Mazda has gained a reputation for producing luxury-adjacent vehicles at mainstream car prices. The CX-30 is no exception, offering an opulent cabin at an affordable starting price ($25,195). The 2025 Mazda CX-30 is available in eight different trims for drivers who want better performance specs and more advanced driver-assistance and safety features. The subcompact SUV comes standard with all-wheel drive for better traction. It also features standard blind-spot monitoring with rear cross-traffic alert, Mazda radar cruise control with stop and go, and remote keyless entry. Drivers can lease a 2025 Mazda CX-30 subcompact SUV for $239 a month for 36 months with $4,299 due at signing. That works out to $12,093 for three years with the 2025 CX-30. Japanese automaker Nissan produces several popular affordable nameplates including the Nissan Rogue, Nissan Altima, and Nissan Sentra. Edmunds praises the 2025 Nissan Sentra for its "comfortable ride, roomy trunk, appealing cabin materials, and design." If you're looking for an affordable daily driver for commuting, the Sentra is a great choice. You can lease a 2025 Nissan Sentra for $229 a month for 39 months with an initial payment of $3,259. This equates to $12,190 for three years and three months with the compact sedan. The 2025 Sentra includes excellent standard features like automatic emergency braking with pedestrian detection, blind-spot warning, and remote keyless entry. Vehicle prices may be rising, but there are still plenty of great leasing deals available for American drivers from some of the most popular automakers in the country. This article originally appeared on Nashville Tennessean: What cars can I lease for $300? These deals expire at the end of June Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Boston Globe
2 days ago
- Automotive
- Boston Globe
Trump picked a horrible time to crush electric cars
Just a few short months ago, American consumers had an appealing off-ramp: electric vehicles. EV sales pushed above 1.3 million vehicles in 2024. The future of cars was increasingly looking like it would be electric. Advertisement But since he took office, President Trump has been methodically stifling the EV market. He has issued orders Get The Gavel A weekly SCOTUS explainer newsletter by columnist Kimberly Atkins Stohr. Enter Email Sign Up He wants to gut EV charging infrastructure and has threatened to cancel tax credits that prompted many people to switch to an electric vehicle. He even says he plans to sell the Tesla he bought from former DOGE czar Elon Musk Faced with that hostility and the ever-shifting tariff landscape, Detroit automakers have Advertisement Meanwhile, plans to build EV battery plants — many in red states — are slowing down, potentially threatening future jobs. Even those that survive are shrinking. On Monday, Ford Motor gave journalists a tour of its All this is alarming to Ford, which has another headache: It is licensing lithium-ion battery technology from a Chinese company 'We don't want to back off on scaling, hiring, or training in an industry we need to be competitive in the future,' said Lisa Drake, Ford's vice president of technology platform programs and EV systems, Trump's attacks on EVs threaten to put the United States even further behind the rest of the world. Globally, analysts think For now, the main alternative to EVs are gas-powered hybrid-electric vehicles, which are expected to set records themselves this year, in part because Toyota has switched two of its best sellers, the Camry and the RAV4, to hybrids. Advertisement Those past spikes in gas prices have also led to jumps in the popularity of hybrids. I bought my first one in 2008, when gasoline in Michigan soared above $4 a gallon, and I'm now on my second. Hybrid sales so far this year Counting hybrids and EVs together, it could turn out that one in four vehicles sold this year is 'electrified,' as Toyota calls it. Already, For now, hybrids may be the compromise for environmentally minded consumers. But who knows: Maybe they'll appear on Trump's radar once he's unplugged EVs.
Perth Now
3 days ago
- Automotive
- Perth Now
2026 Toyota HiLux: Next-gen ute spied looking much like the current one
The 2026 Toyota HiLux is getting closer to being revealed, and these fresh spy shots once again show the next-generation ute will share plenty with its top-selling predecessor. Instagram account kurdistan_automotive_blog_ shared images of a camouflaged prototype recently undergoing testing in Thailand, where the HiLux is produced for markets including Australia. The new HiLux is expected to be revealed later this year, which points to a local launch late this year or (more likely) early in 2026. As we've seen from previous spy photos, the doors and roofline appear unchanged; we've seen Toyota do the same with the latest Camry's front doors and roofline. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert While there's fresh front- and rear-end styling, the new HiLux appears to be more of an evolution of the current model, which first went on sale in 2015 and rides on a platform dating back to 2004. Up front, the headlights appear to have a similar shape to the outgoing model, but the grille looks wider and has a honeycomb pattern. The tail-lights somewhat resemble those of North America's Tacoma, which moved to Toyota's latest TNGA-F ladder-frame architecture with its latest generation and adopted a turbocharged hybrid powertrain. It appears unlikely this new engine will be offered in the Thai-built HiLux, with the current 2.8-litre four-cylinder turbo-diesel – which more recently gained a 48V mild-hybrid 'V-Active' system – likely to carry over, as it did in the new Prado 250 Series, according to a report from Thai publication Headlight Magazine. Supplied Credit: CarExpert The current HiLux is also offered with a less powerful 2.4-litre turbo-diesel four, as well as a naturally aspirated 2.7-litre petrol four. Whether the diesel engines will be upgraded to meet Euro 6 emissions regulations – and therefore potentially require AdBlue – is not yet clear. It's unlikely Toyota will add a six-cylinder option – such as the 3.3-litre V6 turbo-diesel in its LandCruiser 300 Series – to the HiLux to take on V6 diesel versions of the Ford Ranger and Volkswagen Amarok. If the Camry is any guide, we can expect a completely overhauled interior with Toyota's latest generation of infotainment. Supplied Credit: CarExpert Supplied Credit: CarExpert Above: Previous spy photos from Headlight Magazine The multimedia touchscreen could also grow. The Prado, for example, moved to a 12.3-inch unit with its latest generation, while the outgoing HiLux features an 8.0-inch unit. Whether the semi-redesign will be enough to vault the HiLux back to the top of the Australian sales charts is unclear. While the HiLux (pictured below) continues to dominate in 4×2 ute sales, the Ranger's advantage in 4×4 sales allowed it to push past the Toyota for the first time in 2023. That saw the Ranger become Australia's best-selling new vehicle, a title it held onto in 2024 and which it may keep in 2025. Supplied Credit: CarExpert Supplied Credit: CarExpert MORE: Everything Toyota HiLux
