Latest news with #Dillan
Yahoo
06-04-2025
- Automotive
- Yahoo
5 Best Luxury SUVs In 2025 Under $40k
You don't have to go broke buying a luxury SUV. There are great options that cost less than $40,000. Read More: Find Out: Luxury SUVs offer plenty of perks, but they can be expensive. Fortunately, not all break the bank. There are a few affordable models you can get without compromising on style and comfort. While there are many SUVs that cost a fortune, you can have the perfect blend of performance, features and value for don't have to settle for less to get a luxury SUV. Here are five SUVs to consider for less than $40,000. Price: $36,041 The 2025 Alfa Romeo Tonale is a plug-in hybrid that offers more than its chic sporty look. According to Edmunds, it's a quick, fun ride thanks to its fast acceleration and handles well. Plus, it's pretty comfortable considering it's a smaller SUV, and you can't beat the price point. Discover Next: Price: $37,715 Known for its reliability, comfort and quality, Lexus has been a long-time favorite among consumers because they're built to last and won't give you sticker shock. According to a 2025 J.D. Powerhouse study, Lexus ranks #1 as the highest overall in vehicle dependability for the third year in a row. It's also a budget-friendly luxury SUV that car experts love. 'The Lexus UX Hybrid is a premium compact hybrid car, featuring Lexus's distinguished reliability,' Rob Dillan, automotive expert and founder of EVhype said. 'It's also highly ranked in terms of gas mileage. The UX Hybrid boasts a high-end cabin and advanced security systems, making it perfect for urban commuting, complete with green living and high style.' Price: $37,895 The 2025 Buick Envision is a premium SUV that boasts a quiet, impressive ride, according to Edmunds and has alluring features such as a massing driver's seat, enhanced automatic parking assist, and wireless Apple CarPlay/Android Auto. It's an attractive pick and a good price, according to Dillan. 'The Buick Envision combines modern technology and American craftsmanship into a refined, comfortable interior and a quiet ride, making it a great choice for those looking for an affordable luxury crossover with bold design elements.' Price: $39,485 With its sleek design and exciting features, the 2025 Lincoln Corsair oozes luxury and class and it's a top choice for Dillan. 'The Lincoln Corsair is a deep refinement that ushers you into a quiet, luxurious ride with wondrous interior decor and modern tech, intuitively balancing high-end comfort with performance in an affordable luxury SUV under $40,000.' Price: $39,800 Coming in at just under $40,000 is the 2025 Audi Q3. If you're in the market for a luxury SUV but don't want to pay big bucks, the Q3 is a comfortable ride, offers a spacious interior and is all around a good option, according to Edmunds. According to Dillan, 'Being a well-balanced package of luxury and performance, the Audi Q3 is better known for its dynamic performance, advanced infotainment, premium-equipped cabin, along [with] precise German engineering.' Splurging on a nice SUV doesn't mean you have to wipe out your savings or take out a big high-interest loan. There are cost-effective luxury SUVs that offer excellent features while delivering a top-notch driving experience without going over budget. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth 4 Things You Should Do if You Want To Retire Early How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on 5 Best Luxury SUVs In 2025 Under $40k
Yahoo
09-03-2025
- Automotive
- Yahoo
5 Bestselling EVs Last Year — Should You Buy One in 2025?
Electric vehicles (EVs) get plenty of attention, but that doesn't mean Americans are completely sold on the idea of owning one. According to data from the Pew Research Center, only 3 in 10 people would seriously consider buying an EV, even with a tax incentive of up to $7,500. But things could worsen for the growth and pace of EV sales. While many have taken advantage of the tax incentive, it might not be around much longer. President Donald Trump has indicated that he wants to eliminate the credit. According to Lauren Fix, sector analyst and industry expert at Car Coach Reports and Car Smarts Brands, EV sales will decline if the incentive goes away. 'Most dealers are stuck with these EVs and can't sell them because customers are [concerned they will] no longer get the $,7500 tax credit, charging is a challenge unless you charge at home and road trips are frustrating.' she explained. 'Plus, car insurance on EVs is much higher.' Read Next: Check Out: Even though some are wary about buying EVs amid potential changes, many are still buying — and some may be wondering whether now is a good time to buy one. Below are the top five bestselling EVs from last year, according to Insurify, and some details on whether you should buy one now or hold off. Data from Insurify shows the Model Y remains a market leader, with 372,613 units sold in 2024, a drop of 7% year over year. But should you buy one this year? 'Its annual insurance cost, at $3,939, is competitive, and its cutting-edge technology and roomy design continue to appeal to buyers,' said Rob Dillan, automotive expert and founder of EVhype. 'The modest decrease in sales could be indicative of increased competition, so prospective buyers should keep an eye on pricing trends moving into 2025 as well as overall market saturation.' Be Aware: The second bestselling EV for 2024 is the Model 3, with 189,903 cars sold. However, it saw a sharper 17% drop year over year. Plus, it costs $4,362 in annual insurance, per Insurify. 'While it is known for its performance and efficiency, its decline in sales suggests increasing competition and perhaps a less competitively priced market without EV credit. Buyers must balance its iconic status and strong features with the additional insurance cost and potential cost headwinds in a post-tax credit environment,' Dillan said. Mustang Mach-E sales increased 27% year over year to 51,745 units sold in 2024 — the third highest among EVs. This vehicle costs around $3,595 a year to insure, per Insurify. 'Its good looks and competitive price will make it a contender for 2025, as rival EVs go mainstream,' according to Dillan. 'That powerful jump in sales suggests it might take the policy changes regarding tax credits a little better, but also that it is now a pretty solid alternative in the EV market.' With 44,400 units sold, a phenomenal 31% year-over-year gain and an insurance price tag of $3,621, the Ioniq 5 is the breakout king of the EV world. 'Its modern design, fast-charging capabilities and solid market momentum are signs that it is well-positioned, even if the tax credits are cut or removed. The Ioniq 5 delivers terrific value for buyers focused on cutting-edge technology and efficiency,' Dillan said. With its unique design and futuristic bold aesthetic, Tesla's Cybertruck is appealing to many, as it was the fifth-most-bought EV in 2024, but Dillan explained the model has experienced difficulties. 'Although production has started, there are still challenges to bringing the Cybertruck to the mass market — though, with 38,965 sales and a yearly insurance of $3,813, it is the new kid on the block in the most exciting market,' he said. Because this model is newer, potential EV buyers are still uncertain. 'Its standout design and unique utility win the attention of early adopters, but uncertainty surrounding the scale at which it will be produced and its long-run reliability could dissuade some buyers without the additional push of tax incentives,' Dillan explained. 'This could create a potentially volatile resale market until production settles for those attracted to its audacious concept.' More From GOBankingRatesI'm Retired and Regret Not Claiming Social Security at 65 -- Here's Why This article originally appeared on 5 Bestselling EVs Last Year — Should You Buy One in 2025? Sign in to access your portfolio
