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Report: New Lexus Coupes To Be Based On Supra MKVI

Report: New Lexus Coupes To Be Based On Supra MKVI

Yahoo5 hours ago

Read the full story on The Auto Wire
A new report claims the Toyota Supra MKVI, which is in development right now, will have a Lexus version. Supposedly, the new sports car will replace the already phased-out Lexus RC as well as the LC. While the former coupe has already been axed, the LC is rumored to be next.That's an interesting proposition and we can see why Toyota would make such a decision. After all, developing a sports car is expensive, especially in the current state of the auto industry. Getting the most bang for its buck is what the Japanese automaker does so very well.
The quest to keep expenses down was what drove Toyota to work with BMW on the MKV Supra. That rankled quite a few enthusiasts who wanted a 'pure' Toyota. They obviously don't know much about the origin of the 2JZ-GTE.
Anyway, the shocking report from Japanese enthusiast site Best Car Web about the next-gen Supra and Lexus coupes has another bomb in it: one engine option might be sourced from Mazda.
We can already hear the howling, but this really isn't all that shocking to us. Long have the rumors been circulating that Toyota will acquire Mazda. The two have a manufacturing agreement and share technologies with each other.
A turbocharged inline-four developed by Toyota is reportedly in the mix, but the inline-six for the MKVI Supra might come from Mazda. Maybe Toyota got sick of everyone whining about the MKV Supra really being a Bimmer?
In another twist, Best Car Web says there's a chance there could be a Mazda version of the MKVI Supra. Mazda fans would probably love such a thing, although we think some will still whine like some Toyota enthusiasts.
It sounds like a lot of things are up for consideration inside Toyota for the next-gen Supra. What the sports car will ultimately be like remains to be seen, but at least it's coming back and not being ended.
Image via Toyota
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The True Cost of Owning an Electric Vehicle: What You Need to Know
The True Cost of Owning an Electric Vehicle: What You Need to Know

Car and Driver

time2 hours ago

  • Car and Driver

The True Cost of Owning an Electric Vehicle: What You Need to Know

If you're thinking about buying or leasing your first electric vehicle, what costs should you be prepared for beyond the purchase price? Will there be any expensive surprises? Will maintenance cost more or less than a traditional gas-powered car? We'll answer this with in-depth information on EV insurance, depreciation, charging costs, tax incentives, home charging installation, and more. After you read this guide, you'll have a better idea of what it costs to own an EV. One of the most important factors that car buyers consider is affordability, up there with quality and fuel economy. But for EVs, you'll want to look beyond the window sticker to determine what you're really going to pay. The MSRP (manufacturer's suggested retail price) often doesn't reflect the real cost of an EV. For one, the MSRP of an EV is usually significantly higher than a comparable gas or hybrid vehicle, in part because of their expensive-to-produce batteries. According to Kelly Blue Book data from June 2025, the average transaction price of a new EV was $57,734, while the average price for a gas-powered vehicle was $48,799—a nearly $9000 difference. But MSRP and purchase price aren't the whole picture. Mario Tama | Getty Images EV State and Federal EV Tax Incentives State and federal EV tax incentives can reduce the real-world cost of an EV significantly. The maximum federal tax incentive is $7500 at the time of this writing, bringing your average EV closer to cost parity with nonelectric vehicles. Not every EV or buyer qualifies for the credit. EVs must contain a certain percentage of domestically produced parts, buyers must not exceed an income limit, and vehicles with MSRPs greater than the IRS guidelines below do not qualify: Vans, SUVs, trucks: $80,000 maximum MSRP All other vehicles: $50,000 maximum MSRP This article has more information about federal tax credits; the government also has a list of vehicles that qualify for full or partial tax credits. The tax credit is different than a typical dealer incentive; it's not a discount on the purchase; instead, it reduces the buyer's tax liability. If a buyer owes less than $7500 in federal income tax, they won't get the full benefit of the credit. But buyers can transfer the tax credit to the dealer, who can then give them an immediate discount on the vehicle purchase price. The IRS has more details on how this works. Also check with the relevant agency in your state to see if there are additional state tax incentives or rebates. For example, Colorado is known for having a particularly generous tax credit of up to $3500 in addition to the federal credit. Other EV Incentives Slow-selling EVs may also have substantial incentives, discounts offered by the dealer or manufacturer. In early 2025, the new electric Dodge Charger Daytona saw discounts that could exceed $12,000, hinting at its low demand. Check for current offers at the manufacturer's website; many car-shopping sites also highlight attractive deals. How to Pay for an EV While the tax credits make EVs stand out from typical cars and trucks, the process of buying an EV is largely the same. You could pay cash up front or (more likely) finance the vehicle's price through a loan. Loans may be initiated through the vehicle manufacturer's financing arm (also known as captive auto lenders) or through a bank, credit union, or online lenders. Check out our in-depth guide to all facets of auto financing. Some lenders offer EV-specific loan terms. These are sometimes known as green loans. They may offer better interest rates or other terms. Some captive auto lenders naturally offer lower interest rates to incentivize low-emissions-vehicle sales. Some banks and other lenders also offer specialty loans. When researching which lender to finance through, it's worth asking about EV-specific loans. Many EV makers bypass dealer networks and sell directly to car buyers. Following the lead of EV pioneer Tesla Motors, more recent startups, including Rivian, Lucid, and Volkswagen's upcoming Scout truck and SUV brand, intend to sell directly to consumers. While there's typically no negotiation, there may be incentives or other special offers. Some states have specific rules prohibiting this practice, while others currently only allow an exception for Tesla. You may check with local dealers, direct-to-consumer retail outlets, or your state vehicle-licensing agency for more information. What It Costs to Insure an EV EVs have a lot of advantages, but one area in which they fall short of their fossil-fuel kin is in the insurance department. As we've covered in our in-depth guide to insuring EVs, insurance for these green vehicles is generally more expensive than an average car. There are a few reasons why EVs are more expensive to insure: Higher purchase cost. More expensive to repair. Higher labor and parts costs. A 2023 study found that EVs, on average, cost $442 per year more than an equivalent gas vehicle to insure. That said, a number of factors influence insurance costs, so be sure to do your due diligence with your insurance agent or broker. Additional Costs: Registration Fees, Additional Taxes In many states, transportation infrastructure repair for roads, freeways, and bridges is funded in large part by sales taxes on gasoline and diesel fuel. 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EV Maintenance and Repair Compared to an internal-combustion gasoline or diesel engine, electric motors are relatively simple mechanically. That could mean less maintenance, as there are fewer things that can go wrong. But there are some maintenance items that EVs and gas cars share: Tires Brakes (although an EV's regenerative braking can make the brakes last longer) Suspension (shocks, struts, springs) Cooling system EVs often use specialized tires to cope with their extra weight and special rubber compounds to decrease rolling resistance and thus improve range and efficiency. When it comes time to replace tires—when worn out, damaged, or at six to 10 years—they may cost more than those on a gas- or diesel-powered vehicle. There is also some data indicating that heavier EVs cause increased tire wear and require more frequent replacement. Brakes, however, are a bright spot. Instead of using the brakes to slow down, most EVs use regenerative braking to turn their electric motors into electric generators. The traditional brake components, like brake pads and brake discs, are present but used less frequently, resulting in lower maintenance costs. While the math gets trickier for fancy upscale EVs with adjustable suspension systems, there's nothing special about most EVs' suspension other than optimization for the vehicle's increased weight. The cooling system (more accurately a thermal-management system) on an EV helps maintain the battery at its optimum temperature so it can work correctly. In cold weather, or to prep the battery for fast-charging, it will actually heat and circulate fluid to warm the battery to the right temperature. This all means that there's a liquid that fills the system, often a specialized (and expensive) one, and various pumps and sensors. Unless there's an unforeseen problem, the system will be inspected and the fluid changed at regular intervals per the manual. What's the bottom line? In general, EVs are cheaper to maintain. The Cost to Charge an EV Installing home charging can be the biggest surprise expense of the EV-ownership experience. Some lucky homeowners will have suitable wiring and a convenient outlet ready to go but others may face significant costs (from about $500 to more than $1300 on average, according to a study by Angie's List). Check the requirements of the charger you are planning to use and consult an electrician. Incentives and rebates may offset the cost of the charger or the price of installation; talk to your utility company about that. Our home charger buying guide provides a comprehensive overview of the process, costs involved, and recommendations for home charging units. Your local electricity rate will also affect the cost of EV ownership. The cost of electricity varies widely, but it's usually expressed in dollars per kilowatt-hour (kWh); the national average as of March 2025 was $0.17 per kilowatt-hour. (Hawaii had the most expensive rate, at $0.41, and North Dakota the least at $0.11.) Electricity rates may vary during the day or seasonally. After determining your electricity rate, you can get a ballpark estimate of the cost to "fill up" your EV by multiplying your battery capacity in kilowatt-hours by the electricity rate in dollars per kilowatt-hour and then adding another 10 percent to account for losses during charging. For example, a current 2025 Chevrolet Equinox has an 85-kWh battery. Many owners do not fully drain or fully charge their batteries to extend their service life, so a 20 to 80 percent charge would cost $9.54 at the national average electricity rate. That would recoup 171 to 191 miles of EPA driving range, depending on which Equinox EV model you're charging. 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New car price inflation may already be here, and tariffs will make it worse: Cox Automotive
New car price inflation may already be here, and tariffs will make it worse: Cox Automotive

Yahoo

time3 hours ago

  • Yahoo

New car price inflation may already be here, and tariffs will make it worse: Cox Automotive

Analysts at Cox Automotive believe tariff-induced price hikes are coming for new cars — and could already be here. "The new vehicle market is likely to see the return of inflation, and it may already be happening," Cox senior economist Charlie Chesbrough said during the company's 2025 midyear review and second-half outlook. "Given the impact of tariffs, prices are likely to start rising at a much faster rate, so the trend suggests higher vehicle prices are coming to the new vehicle market," Chesbrough added. Chesbrough said the combination of higher-priced models affected by tariffs coming to replace depleted inventories, the declining use of incentives, and potential supply disruptions will create conditions that will shoot prices higher in the new car market. President Trump's auto sector tariffs began on April 3, but automakers had built up big buffers of non-tariffed supply before then. Supply is a big factor in pricing, and that non-tariff supply is dwindling. Cox data shows that in March, the industry's supply stood at 92 days. In June, that figure fell to 70, with some automakers like Toyota (TM) and Honda (HMC) having around half that amount. "The supply this year has been falling dramatically since March as the tariff-induced buying surge drew down available inventories," Chesbrough said. Read more: 6 steps to find cheap car insurance in 2025 Cox division Kelly Blue Book reports the average selling price of a new vehicle crept up to $48,799 in May, up from the month before but below the $50K mark seen in the height of the pandemic. As prices are poised to rise, sales may soon drop accordingly. May's sales pace fell to a seasonally adjusted annual rate of 15.6 million, Chesbrough said, with June slumping even further to 15.3 million, with more declines to follow. "The impact of tariffs have not been felt, and that will change in the 2nd half of this year," Chesbrough said. Chesbrough said the Cox team predicts that if tariffs remain in place, sales will fall around 1% to 2% to 15.7 million for the year, down from 15.9 million last year. The pain from falling sales won't hit all automakers uniformly. While GM (GM) performed well in the first half of the year, Cox predicts Toyota (TM) and Ford (FORD) could outperform in the second half, based on strong results in the second quarter. Stellantis (STLA), Volkswagen, and Tesla (TSLA) may suffer as they saw dropping sales and market share in the first half of the year. Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Electric M3 Will Be Unlike Anything You've Ever Seen Before
The Electric M3 Will Be Unlike Anything You've Ever Seen Before

Yahoo

time3 hours ago

  • Yahoo

The Electric M3 Will Be Unlike Anything You've Ever Seen Before

The Electric M3 Will Be Unlike Anything You've Ever Seen Before originally appeared on Autoblog. There's a lot to cover here, so let's jump right in. As first spotted by BMW Blog, reliable BMW insider and Bimmer Post user ynguldyn has dropped a bunch of unreleased information concerning the future electric M3, starting with confirmation that the vehicle known by the internal code ZA0 will enter production in March 2027, as was broadly suspected. The post goes on to say that only one version (the sedan) is being produced for the time being, though a wagon is all but certain for whatever version of the M3 comes next. Speaking of sedans, the post says that the electric 3 Series (NA0/NA1) will enter production in July next year with the Iconic Glow front grilles that will eventually give all Bimmers an unmistakable signature, day or night. View the 3 images of this gallery on the original article We should note that the images used in this article depict the Vision Driving Experience, a prototype test bed for BMW's "Heart of Joy" central computer. BMW says this is a one-off that does not inform any future vehicles, though the next generation of Neue Klasse-based M cars will undoubtedly take some styling inspiration from its design. With that out of the way, the next claim (this time from BMW Blog sources) is that the electric M3 will not stay below 700 horsepower, something that had been rumored in order to give vehicles like the G90 M5 and G08 XM some breathing space. They claim that the battery-operated M car will develop between 800 and 900 hp, though the quad-motor system that some speculated would reach the M3 is still likely to be reserved for high-end applications like the aforementioned M5. It should be noted that the Bimmer Post insider says we should "not expect powertrain specs here until just a few months before [the] start of production." It's a lot more difficult to lock down a figure that could be changed by a software update in an EV than to determine how much power an engine will make as EPA certification, dyno testing, and other evaluations are carried out. View the 3 images of this gallery on the original article Let's return to the Bimmer Post claims, which sound entirely plausible. Once again, sportier seats will reportedly be available as an option, but this time, they won't be made of carbon fiber. Instead, the new flax fiber technology that BMW announced as production-ready last week will reportedly be used. M-specific trim elements and head-up display are said to be standard, with more flax fiber in areas that would traditionally be made of carbon composite, like the spoilers, mirrors, and grille inserts. 20-inch wheels will be standard, claims the report, with forged 20s and staggered 20-/21-inch wheels optional alongside carbon-ceramic brakes. What does not appear to be an option is a lightweight roof, with the post claiming that a panoramic sunroof will be shared with the regular 3 Series. Perhaps the inevitable Competition version will address this, since BMW has claimed CO2 emissions reductions of up to 40% with flax fiber versus a similarly sized carbon fiber roof. Finally, for the styling anyway, M-specific headlight graphics are expected. We've been saving this for the end because it requires a discussion on its own. According to the leak, the electric 3 Series will be called i3 and the electric M3 will wear the iM3 badge. BMW has already begun dropping the 'i' suffix from the badges of its combustion-powered cars - the M340i will soon be the M350, for example - with officials saying that cars with it being sold in the same showroom as EVs with the letter as a prefix were causing confusion among buyers. Therefore, we understand the move with respect to the next 3 Series. It also makes a certain amount of sense for the M3, especially after BMW applied for the iM3 trademark in Europe twice. I wrote the story breaking the news of the application for CarBuzz back in 2023, but almost immediately after the article blew up, Frank van Meel told Top Gear, "We would never use an i on an M." That seemed pretty conclusive, but with this new leak claiming otherwise, perhaps BMW has decided that differentiation between EVs and combustion cars matters just as much for M cars as for regular Bimmers. We'll report back once we know more. Given this barrage of information now being leaked, we won't have long to wait. The Electric M3 Will Be Unlike Anything You've Ever Seen Before first appeared on Autoblog on Jun 24, 2025 This story was originally reported by Autoblog on Jun 24, 2025, where it first appeared.

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