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Miami Herald
13 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.
USA Today
7 days ago
- Automotive
- USA Today
Best budget luxury cars for 2025: Affordable elegance under $45K
For those searching for a luxury badge on a budget, the cheapest luxury cars remain an enticing group — less expensive than SUVs yet just as nice as entry-level SUVs from major luxury brands, they're the perfect entry point for those looking for fancier wheels. Many renowned brands offer these entry-level luxury sedans for much less than the average new car sells for, and some of these inexpensive luxury-branded models offer genuine luxury. Some are just a cash-in relying on the badge, but there are several that offer real luxury comfort, technology and performance for affordable prices. These are the ten most affordable luxury cars you can buy in 2025: 1. Acura Integra - $34,195 The least expensive luxury car by a solid margin is the 2025 Acura Integra, and it manages that while still being solidly built and plenty comfortable — if not as luxurious as it could be, thanks in part to its Honda Civic bones. Is a gussied-up Civic good enough to cross-shop against an entry-level Audi or BMW? By our evaluation and testing, it's more than that, and absolutely. The Integra's 200-hp base engine does have lower performance than the cars above it on this list, but it's much more practical thanks to its large hatchback trunk area. Overall comfort isn't lacking, its fuel economy is great, and its driving dynamics are fun. Read our experts' full Acura Integra review 2. Cadillac CT4 Luxury Sedan - $36,490 There are very few fancy cars available for under $40,000, and fewer that are worth it. The 2025 Cadillac CT4 straddles that line. Handling and chassis dynamics are excellent, even in the base car without any of the performance enhancements available further up the range. Almost anywhere in the range, the Cadillac is noticeably cheaper than its rivals; the CT4 is the cheapest RWD luxury car you can get, in fact. But the back seat and truck are cramped, and the base engine doesn't stir the soul like its competitors do. Read our experts' full Cadillac CT4 review 3. Audi A3 40 Premium Sedan - $39,495 While expensive for a subcompact car, the 2025 Audi A3 is the third-cheapest luxury car currently available in the U.S. The cabin remains tight, and it isn't as well isolated as larger and more expensive Audis' interiors, so it's relatively loud on the freeway. Also, the trunk is small, and the regular A3 isn't particularly fun to drive — that's what the pricier S3 performance model is for. Read our experts' full Audi A3 review Finding the car for you: The best compact pickup trucks you can buy in 2025 4. BMW 228i Gran Coupe - $40,775 As the least expensive car in the BMW lineup, the 2025 BMW 2 Series Gran Coupe has some genuinely impressive upsides, including a segment-busting amount of interior space and a pair of good powertrain options (the more affordable of which is the 228i's turbo four), though its potentially harsh ride does not help its luxury car credentials. We'll have to see for ourselves if the 2025 refresh addresses that. Overall, the rest of BMW's lineup makes the Gran Coupe somewhat redundant, as those going for fun will opt for the two-door 2 Series Coupe, and those seeking practicality will likely just get an X1 SUV for roughly the same price. Read our experts' full BMW 2 Series Gran Coupe review 5. Lexus IS300 Sedan - $41,360 The 2025 Lexus IS still looks good, even though it's getting on in years. The entry-level IS300 model's turbocharged four-cylinder engine is fine, but the up-level IS350's 311-hp V-6 is more interesting (and the IS500's V-8 even more so). Of course, those IS models cost more money. All IS models have cramped back seats and a general lack of refinement when compared to the competition, which, again, largely comes down to this sedan's age. It also still uses Lexus's maligned touchpad-operated infotainment system, and not the newer, crisper touchscreen setup found in newer Lexus models. Read our experts' full Lexus IS review 6. BMW 230i Coupe - $40,375 Confusingly, there are technically two wholly different BMWs under the 2 Series banner. As it happens, the very slightly more expensive model with two doors is simply called the Coupe, and it's not just one of the least expensive BMWs, but the lightest and smallest sportiest coupe in the company's lineup. The base 2 Series Coupe has nice front-engine, rear-drive dynamics and a good powertrain, with our main complaint being a lack of standard driver assist features like adaptive cruise. For a car with two more doors and less sporting intentions, you can spend a few hundred dollars less and get the four-door Gran Coupe, which is a front-wheel-drive vehicle that shares a platform with the BMW X1 and the Mini Cooper Countryman. Read our experts' full BMW 2 Series Coupe review In case you missed it: See the 10 dumbest cars of all time 7. Lexus ES350 - $43,215 The Lexus ES is a surprise entrant on this list, and a must-see if you're hoping for a luxury sedan that's both attainable and much, much larger than anything else at this price point. Unlike virtually every other luxury car on this list, which fall into the entry-level subcompact and compact size classes, the ES is a large car, a sort of plus-size midsize sedan. At its most affordable, the ES comes with a smooth and powerful V-6 engine (in ES350 guise) — but a much more efficient hybrid (ES300h) is available for about a thousand bucks more. The ES350 is a true luxury machine, with a quiet cabin, cosseting ride, high-class materials throughout, and the scale one expects from an executive sedan. Soon, the ES is being replaced by a new-generation model that's only available as a hybrid ES350h or an all-electric ES350e or ES500e for 2026, making this 2025 ES350 your last chance for a six-cylinder ES. Read our experts' full Lexus ES review 8. Genesis G70 2.5T RWD Standard - $43,850 Beautiful design and dynamic poise make the 2025 Genesis G70 an easy recommendation for those unattached to a European luxury badge. More exciting to drive and look at than most of its competition, the G70's negatives are related more to practicality than passion. The trunk doesn't offer much space, and the gas mileage (21/29 mpg city/highway for the base four-cylinder model) is middling at best. But for those more interested in the ways a luxury car can excite, the powerful 300-hp turbocharged I-4 will do the trick. Read our experts' full Genesis G70 review 9. Volvo S60 - $43,795 Meet the only Swede on this list, Volvo's handsome S60 sedan. This four-door competes in the compact luxury sedan segment against the likes of the Lexus IS above, BMW's 3 Series and others. That makes it more usefully sized than some of the smaller subcompacts on this list, though it's not as spacious as Lexus's big ES350. Every S60 comes with Volvo's aura of safety, as well as a comprehensive list of actual safety equipment, plus understated, almost elegant styling inside and out. The entry-level S60 gets a turbocharged four-cylinder engine with mild hybridization. Read our experts' full Volvo S60 review 10. Tesla Model 3 Long Range RWD - $44,130 We recently found that getting the maximum everything variant of an EV is by no means a necessity, including for the 2025 Tesla Model 3. This refreshed Highland model gets better driving dynamics and plenty of targeted improvements, though range and performance are similar to their already good original numbers. The optional (and expensive) Full Self-Driving feature remains untrustworthy, the lack of an instrument cluster is still a bad idea, and Tesla continues to overestimate the range; we managed only 211 miles on a charge when cruising at 70 mph in the entry-level single-motor, Long Range Model 3. Charging speed is quite reasonable, with a Supercharger able to replenish 118 miles of range in 15 minutes or 184 miles in 30 minutes. If you can look past the brand's current woes, given its CEO's polarizing turn in government, the Model 3 remains a premium long-range EV sold at mainstream prices and a thorn in the sides of de-facto competitors such as Hyundai's Ioniq 6. Read our experts' full Tesla Model 3 review The cheapest luxury cars you can buy in 2025 Photos by MotorTrend Staff, Manufacturer, Ryan Lugo
New York Post
20-06-2025
- Automotive
- New York Post
Audi weighs $4.6B US plant to placate Trump, avoid tariffs: report
German automaker Audi is reportedly considering plans to build a factory in the US to placate President Trimp and skirt tariffs on foreign imports. The luxury brand is weighing whether to build a plant in the southern US, one of the more expensive options out of a number of scenarios being considered, German news magazine Der Spiegel reported on Friday. Audi estimated the cost of building a new factory in the US could reach up to $4.6 billion, according to the report. Advertisement Audi is reportedly considering plans to build a factory in the US. AP A spokesperson for Audi, which is owned by Volkswagen Group, said the company is considering various options when it comes to expanding its presence in the US. 'We are confident that we will make a decision this year in consultation with the [Volkswagen] group on how this will look in concrete terms,' the spokesperson said. Trump's 25% tax on foreign cars and auto parts has already hit German carmakers hard. Advertisement In April alone, they incurred additional costs of more than $500 million in their export business to the US, according to estimates from Germany's auto industry lobby group. While Audi currently has no production sites in the US, Volkswagen has a plant in Chattanooga, Tenn., and a facility under construction in Columbia, SC. Meanwhile, BMW, Mercedes-Benz and Volkswagen are in talks with the White House on a potential import tariff deal – hoping to use their investments in the US as leverage for lowering rates, sources told Reuters. Advertisement President Trump announces steep tariff rates alongside Commerce Secretary Howard Lutnick during a press conference in April. REUTERS Mercedes-Benz in May announced that it is moving production of its GLC SUV – the company's second best-seller – to the US. BMW has also discussed adding shifts and boosting output at its South Carolina plant to ease pressure from Trump. Advertisement Several other major automakers have taken steps to ramp up US manufacturing since Trump has taken office. Jeep owner Stellantis announced plans to reopen its shuttered Illinois plant, while Honda is looking to shift production of the Civic from Japan to the US. With Post wires
Auto Blog
20-06-2025
- Automotive
- Auto Blog
Honda Launches Killer Civic Lease Offer For June
An enticing Honda Civic lease offer Compact cars aren't exactly a dime a dozen these days, but the Honda Civic remains a popular pick among first-time and veteran buyers alike. Available in multiple bodystyles, as well as in two performance variants, there's truly a Civic for every driver. This June, Honda is running an enticing lease offer on both the sedan and hatchback models. Both lease deals are a bargain, $289 per month, with either $3,899 or $3,999 due at signing, depending on the bodystyle. Honda Civic remains a true value The Honda Civic receives several updates for the 2025 model year, namely in the headlights and front bumper. With the introduction of the hybrid model, the sedan is now only available in two trim levels, while the hatchback is only offered in a single model. Perhaps most notably, the Civic's turbocharged engine is no longer available, and the hatchback loses its manual transmission. The Honda Civic Sedan and Hatchback June lease offers are specific to the Sport trim, both of which come powered with a 150-horsepower engine mated to a CVT. A model known for its efficiency, the Civic Sedan Sport is rated for an EPA-estimated 31 mpg in the city and 39 mpg on the highway. The Civic Hatchback Sport earns one mile per gallon less in both categories. Both the 2025 Honda Civic Sedan and Hatchback Sport come comparably equipped, rolling out on athletic 18-inch gloss black wheels complemented by LED headlights and gloss-black side mirrors. Notably, the sedan comes with a chrome exhaust finisher and black upper window trim. Inside, the Civic Hatchback features sport pedals and red ambient lighting, while the sedan includes a leather-wrapped steering wheel. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. As for tech, both 2025 Honda Civic body styles come equipped with a seven-inch touchscreen display. Apple CarPlay and Android Auto compatibility come standard, as does an eight-speaker audio system. Regardless of body style, the Honda Civic comes equipped with a full suite of safety systems, including road departure mitigation, lane keeping assist, and traffic sign recognition. Honda Civic lease offers for June 2025 This June, Honda is running an aggressive Civic Sedan lease deal: $289 per month, with $3,899 due at signing. If you need more interior space, Honda is running a sweet deal on the Civic Hatchback as well, with a $289 monthly payment and a $3,999 down payment. These lease offers appear to be a nationwide deal. Both lease offers span a 36-month term with an annual 10,000-mile allowance. Act quickly, though, as this lease deal is only valid through July 7th! Source: Joseph Pudlewski If you want to minimize your upfront payments, you may be able to spread the down payment across the 36-month term. If you take that route, the Honda Civic Sedan would cost you roughly $397.31 per month. The Civic Hatchback would be slightly more expensive, at $400.09 per month. $0 down options may vary according to region, and not all consumers will qualify. Always get an estimate directly from Honda. Final thoughts The Honda Civic returns for another year, maintaining its reputation for reliability, efficiency, and value. With plenty of tech and slick styling across the lineup, it's no wonder the Civic is a top contender among compact cars. If you're in need of a new daily driver, this June lease deal is a great time to get behind the wheel of the 2025 Honda Civic. These lease offers are valid through July 7th, so don't procrastinate! Lease offers may vary according to location, vehicle configuration, and are subject to credit approval. Advertised monthly payments don't necessarily include taxes, title, registration, or other fees. To learn more about your local 2025 Honda Civic lease offers, visit the official Honda website and enter your zip code. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. About the Author Joseph Pudlewski View Profile
Auto Blog
18-06-2025
- Automotive
- Auto Blog
Honda Helps Keep Aging Cars Alive With New Parts Program
For Honda, Old School is Cool For decades, Honda has built its reputation on bulletproof reliability, clever engineering, and cars that often outlived their owners' expectations. Models like the Civic, Accord, CR-V, and Prelude have proven their salt as more than just dependable daily drivers – they were companions, project cars, or even family heirlooms. 0:02 / 0:09 Nissan's revolutionary self-driving tech hits Japan's streets Watch More Many Hondas from the 1980s and '90s are still running today, thanks to loyal owners and a strong aftermarket support. These cars weren't always flashy, but they forged deep emotional connections with people who came of age behind their wheels. The problem is that these discontinued Hondas are becoming increasingly challenging to maintain, with parts getting scarcer each decade. Thankfully, Honda has found a solution. Source: Honda Keeping Old Hondas on the Road To ensure that classic Hondas stay on the road, the company has announced it will begin globally supplying OEM-compatible parts for discontinued vehicles, starting in spring 2026. This is big news for enthusiasts, restorers, and long-time owners, who are struggling to find replacement components. Rather than abandon these aging models, Honda, with the cooperation of various partners, is investing in new solutions to continue supplying replacement parts that are no longer available. These solutions include 3D printing and 'remanufacturing,' which is essentially refurbishing used products and reselling them as functionally new products. Honda claims that these parts will meet the same performance and functional standards as the original ones, and are meant to preserve the function and performance of older Hondas. Original NSX Will Kickstart the Program Honda hasn't shared the list of supported models, but we know which one would kickstart the program. It will be the first-generation Acura NSX (or Honda NSX in other markets), which debuted in 1989. Yes, the mid-engine Japanese supercar is now 36 years old, and it will be the first vehicle covered under a new factory-backed restoration service launching in Japan that will operate in tandem with the parts program. This new offering will effectively replace the NSX Refresh Plan, which has been in place since 1993 and will officially end in summer 2025. Unlike the outgoing program, the new restoration effort will use both genuine and OEM-compatible parts to make service more accessible to a wider range of customers. More details are expected to be released in fall 2025, although Honda hinted that other enthusiast models could be included in the future, potentially classics like the Honda CRX or early Civic Si. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Source: Honda About the Author Jacob Oliva View Profile
