Latest news with #Carscoops
Motor 1
3 days ago
- Automotive
- Motor 1
You Can Get a Stupid Cheap Maserati From Hertz
Want a great deal on a vehicle that's lived most of its life as a rental car? Hertz is the place to go. With one of America's largest rental fleets, the agency regularly puts its former rental cars up for sale for cheap. Not even luxury brands like Maserati are immune to price drops. As Carscoops uncovered , Hertz currently has a fleet of Maseratis for sale in the US—and many of them cost less than a new Honda CR-V. The Maseratis in question are all Grecale SUVs, and they range in price from as little as $36,543 at the time of writing to a still-pretty-reasonable $48,022 for the most expensive. Photo by: Hertz And even for rental cars, the mileage on most of these Grecales isn't that bad. The cheapest one of the bunch only has 28,371 miles, while a handful of other examples have fewer than 15,000 miles. There's even one Grecale with less than 10,000 miles that costs a cool $38,999. Not bad at all. Those prices are pretty shocking considering that a brand-new Maserati Grecale will set you back at least $77,900, with the most-expensive trim—the electric Folgore—starting at a whopping $119,900 for 2025. Of course, Maserati isn't known for its reliability, and that's likely keeping consumers from snapping up these lightly used luxury SUVs. As Carscoops notes, this is already the second price drop for Hertz's Grecale fleet in recent months. That said, there haven't been many known issues surrounding the Grecale from a reliability standpoint. Maserati's SUV rides on the same platform as the Alfa Romeo Stelvio, which has been hit or miss historically in terms of reliability. We say roll the dice, what could go wrong? More From Maserati Maserati Is Not for Sale Maserati Sales Aren't Doing Great Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Hertz via Carscoops Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Miami Herald
27-05-2025
- Automotive
- Miami Herald
Hyundai Launches Killer 2025 Ioniq 5 N Lease Offer for May
Hyundai's Ioniq 5 N, one of the market's sportiest electric SUVs, holds a base price of over $65,000. Drivers behind the wheel of a 2025 Ioniq 5 N receive up to 641 horsepower, a maximum torque rating of 568 lb-ft, and standard all-wheel drive (AWD). This model's range is on par with its high-performance electric SUV competitors, offering up to 221 miles per charge. Drivers can charge the lithium-ion battery from 10% to 80% in 18 minutes using DC fast charging, whereas a typical level 2 home charger will take about 7 hours and 20 minutes to go from 10% to 100%. The Ioniq 5 N's rear cargo capacity is about what you'd expect from a mid-size performance crossover SUV at 26.1 cubic feet with the rear seats up and 59.3 cubic feet with the rear seats down, and the passenger capacity tells a similar story at 107 cubic feet of total interior volume. Hyundai offers a single trim for this electric SUV, which also includes N Performance, boasting a variety of exclusive drive modes like N Launch Control, N Race (Sprint/Endurance), N Drift Optimizer, and more. Pirelli P Zero tires sit on Forged N 21-inch alloy wheels, while features like the N-exclusive front grille, side skirts, and unique color combinations distinguish the exterior. With a starting MSRP of $66,200, some may be more inclined to lease this athletic electric vehicle (EV). However, the model's previous lease price was also high at $899 per month, potentially causing some to reconsider the SUV, even without a need for long-term commitment. Hyundai has shaken up its May lease offers with a new deal saving hundreds of dollars a month for 2025 Ioniq 5 N lessees. Hyundai is offering the 2025 Ioniq 5 N at $699 monthly for 36 months and a 10,000-mile yearly allotment with $3,999 due at signing. This deal, running through May and ending on June 2, is available at a lower price thanks to Hyundai reducing the money factor, or the interest rate used to calculate the rent charge, to .00016 for 36-month/10,000-mile leases, Carscoops reports. Consider the monthly payment cost, taxes, and fees before signing a lease. Lease offers vary by metro market. Check your local pricing here. Since Hyundai hasn't changed the amount of money it's requesting down from the Ioniq 5 N's previous lease offer, you may be interested in putting $0 down, like many drivers leasing. In that case, you'd pay about $811 per month. High-performance EVs are gaining popularity, and Hyundai is capitalizing on this momentum with its Ioniq 5 N, offering a compelling balance of form and function. While the Ioniq 5 N's price reflects its cutting-edge electric performance and ability to turn heads, its new discounted lease offer makes it more accessible to other drivers who wish the lease was a couple hundred a month cheaper. Additionally, you'll get splashes of daily practicality with interior capacities on par with other mid-size crossover SUVs and exciting drives via an array of race-inspired drive modes. *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. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
27-05-2025
- Automotive
- Yahoo
Ford Suit Claims Lemon Law Lawyers Bilked Them Out of $100M
For many buyers, the concept of the Lemon Law is a good one: when a consumer purchases a product that repeatedly fails to meet generally expected quality standards, they are provided with a legal remedy to pursue a refund. And while many automakers find themselves involved in Lemon Law cases, this next instance is a bit unique. For Ford Motor Company, instead of facing off in lawsuits over defective products, it is filing a suit against a group of Lemon Law attorneys alleging widespread fraud. Most Read on IEN: Ford Worker Accused of Stealing Millions in Parts The Cybertruck's Staggering Depreciation Shoemaker Looks to Outsmart Tariffs Podcast: Cybertruck's Wild Depreciation; Faraday's 2 Cars; BioLab Won't Rebuild Companies who are found in breach of Lemon Law are often on the hook for the legal fees of the customer, which means there are certain law firms that specialize in – and seek out – these specific types of consumer protection cases. In Ford's instance, the automaker claims that a group of nine attorneys have been presenting them with inflated bills for Lemon Law-pursuing customers, to the tune of millions of dollars. In fact, Ford's claims go even further. A report in Carscoops says Ford has accused the law firms in question of working in tandem, which they say is tantamount to fraud in violation of the RICO Act – a federal law that targets corruption. Ford's suit outlines a 'magical mystery tour of fictitious billings' including a breakdown of nonsensical hourly charges. For example, Ford says one single attorney in the case billed Ford more than 20 hours in a day on 66 occasions. 34 of these incidents were reportedly bills above 24 hours in a day and one cites a 57-and-a-half-hour workday. Ford also says one attorney billed them for traveling to two different trials held on the same day. The problem was, they were held 380 miles apart. Carscoops points to Ford's lawsuit, which suggests that half of all the legal fee applications the automaker received were suspect. The company is not only seeking $300 million in damages, but it's warning other automakers that they might be affected too. For their part, the attorneys are emphatically denying the accusations. Knight Law Group called Ford's legal action 'nothing more than a thinly veiled attempt to silence firms who would dare hold them responsible and seek justice for consumers.' Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news.
Auto Blog
20-05-2025
- Automotive
- Auto Blog
Subaru Blames ‘Market Conditions' as it Raises U.S. Vehicle Prices
Your favorite Subaru may get a bit pricier Buyers looking for a new Outback, Forester, or Crosstrek this summer are in for bad news. In response to the impact of hefty 25% trade tariffs, Japanese automaker Subaru is implementing price jumps ranging from a few hundred to up to $2,000 starting in June. According to a notice posted on the website of Planet Subaru in Hanover, Massachusetts, cited by Carscoops and Reuters, the price increases will set buyers back an additional $750 and $2,055 on vehicles, depending on the model and trim. Specifically, buyers searching for Crosstreks and Imprezas will get the lower end of the brunt, as they will see a $750 bump in price. On the other hand, Forester buyers must endure a price hike between $1,075 and $1,600, depending on trim. Ascent buyers will see an increase between $1,085 and $2,055, while buyers of the Legacy sedan will see a $1,600 bump. Meanwhile, buyers shopping for Outback, BRZ, and WRX vehicles are the most impacted by the price jumps. Buyers of the wagon-shaped crossover will see a bump between $1,715 and $1,820, while BRZ and WRX buyers will see prices of their sporty rides jump an extra two grand. The dealer disclosed that the price bumps are 'insufficient' to cover the full costs of the tariffs, and as a result, they expect additional costs before the year's end. In statements to both outlets, Subaru did not explicitly cite the tariffs as the reason behind the price bumps but noted that they are a response to 'current market conditions.' 'The changes were made to offset increased costs while maintaining a solid value proposition for the customer. Subaru pricing is not based on the country of origin of its products,' it said. 2024 Subaru Crosstrek — Source: Subaru Subaru anticipates losing billions from tariffs The news of Subaru's price increases comes as the automaker refused to give a full earnings forecast for the 2025-2026 fiscal year; a move that fellow Japanese carmakers Honda, Nissan, and Mazda have done in the past few weeks. During its news conference on May 14, Subaru executives said the hefty car industry import tariffs introduced by the Trump administration could cost automakers $2.5 billion within its current fiscal year if they fail to do anything to combat their impact. According to data from S&P Global Mobility, Subaru imports as much as 45% of its U.S. market vehicles from overseas; however, Senior Managing Executive Officer Tomoaki Emori says it can squeeze out more cars from its Indiana factory. The factory, which has been making cars since 1987, produced nearly 345,000 Ascents, Crosstrek, and Outbacks during Subaru's 2024-2025 fiscal year. Though its supplier base is prepared to churn out as many as 370,000 vehicles per year, Emori said that it is capable of making half a million cars. 'We still have the production capacity, so we would like to mitigate the impact of tariffs while making use of it,' Emori said. 'Under the current circumstances, there is probably no way not to expand in the U.S. We must think about how to go about that.' Subaru has been monitoring the tariff impact on the company The move comes after a previous warning about the tariff impact on Subaru issued to its dealers a few months ago. Subaru of America Vehicle Planning and Logistics VP Lisa Quan warned in a letter addressed to dealers dated March 20, 2025, that the automaker has been 'actively assessing the potential effects of tariffs' on the company. It added that due to 'business uncertainties related to auto industry tariffs,' the current prices of vehicles 'cannot be protected and may be subject to change' after April 2, 2025. This means that the price of certain models or the prices dealers pay for cars coming out of the factory may be adjusted to absorb the tariffs, which would eventually be passed onto the consumer. During Subaru's May 14 press conference announcing its 2024-2025 fiscal year financial results, Subaru CEO Atsushi Osaki said that the company will add 'various measures' if the impact of U.S. tariffs continues, adding that it will 'strive to further enhance profitability by continuing to improve productivity and create new revenue opportunities.' 2024 Subaru BRZ tS — Source: Subaru Final thoughts It is important to note that the tariff-related price increases are impacting Subaru's entire range of models, including those built at its Indiana factory, such as the Ascent, Crosstrek, and Outback. According to American Automobile Labeling Act (AALA) documents provided by the NHTSA, while the three models are built in Indiana, half of the parts in the Ascent and Outback are of US/Canada origin, and the Crosstrek is comprised of just 45% US/Canada parts. Most of their foreign parts originate from the land of the rising sun; 30% of the Ascent and Outback and 35% of the Crosstrek are Japanese parts. To reiterate what Ford CEO Jim Farley previously said, 'It's not as simple as just assembling more vehicles in the US. OEMs must also balance customer affordability, which means the ability to import parts tariff-free.'
The Drive
17-05-2025
- Automotive
- The Drive
Future VW EVs Will Get Real Names
The latest car news, reviews, and features. The Germans have been a fickle bunch as of late, at least when it comes to naming their vehicles. Volkswagen is the latest to reassess its branding strategy with plans to do away with the alphanumeric 'ID' badging in favor of actual car names. Just as electric vehicle styling ebbs and flows between avant-garde and traditional, so do the model names. In an interview with Auto und Wirtschaft , VW brand board member Martin Sander revealed that the name wasn't actually going to stick. Not for other upcoming models, either. 'The cars will get proper names again,' he said. 'This question will arise specifically with the market launch of new models – neither the ID.2all nor the will have those names in series production.' What the production names would actually be, Sander, who is part of Sales, Marketing, and After Sales management team, remained mum. 'We'll announce that when the time comes.' According to Carscoops , future ID vehicles could adopt names that already exist in the VW vault. For example, the ID.2 could be renamed Polo, and the ID.1 could be identified as Lupo, Fox, or Up! Or, you know, Volkswagen could choose new names altogether. Kai Grünitz, another VW board member who is on the Technical Development side, previously mentioned that ID models would be significantly updated starting in 2026. Carscoops says that could be the ideal time to not only give every ID a facelift but also a new non-alphanumeric name. At the very least, drop that period and the awkward spacing (no space if followed by a number, space if followed by a letter). Marketing mayhem at its best. The ID EV sub-brand was launched in 2017. In the U.S., we currently have ID.4 and to choose from. The ID.7 was set to arrive, delayed, and then ultimately canceled. Having a vehicle name that doesn't resemble a NASDAQ chart is one thing, but the VW EVs still have to be identifiable when you consider that ICE-powered models will be sold alongside for another few years. Perhaps VW can take a cue from its countrymen. BMW gave its multi-faceted 'i' a single job now: it'll appear only on its electric models. Also, the eDrive and xDrive word salad might disappear with the Neue Klasse lineup, replaced with a more straightforward system. Audi has shifted its naming structure twice in as many years. First, it was a battle of the odd and even numbers before sensibility fought through to revert back to the As and the Qs. Then you've got Mercedes-Benz pretending the whole EQ thing never happened. As Sander said, only time will tell. Hopefully, Volkswagen doesn't end up on the EV name struggle bus that Honda is apparently in regarding its future electrified lineup. Got a tip? Email us at tips@ Beverly Braga has enjoyed an eventful career as a Swiss Army knife, having held roles as an after-school teacher, film critic, PR manager, transcriber, and video producer – to name a few. She is currently a communications consultant and freelance writer whose work has appeared in numerous outlets covering automotive, entertainment, lifestyle, and food & beverage. Beverly grew up in Hawaii but roots for Washington, D.C., sports teams.
